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i <br />.i <br />f <br />i <br />0 <br />r � <br />NOTIFICATION OF USE OF TRUST DEED <br />TO SECURE PERFORMANCE OF OBLIGATION i $g_ 104988 <br />The undersigned hereby acknowledges and understands that the document to be executed by the undersigned is a trust deed and not a <br />mortgage. and that the power of sate provided for in the trust deed provides substantially different rights and obligations to the truster than a <br />mortgage in the event of a default or breach of obligation. <br />paled and executed on the :.- __16th — - day of -- --- - - -_ -- - _ -- .Y _ Autttst ..__._ _....._ 1 .19— 89 - -- prior <br />to execution of the following Trust Deed <br />•`Richard L. Hartman, husband <br />,Patricia A. Hartman, wife <br />TRUSTDEED <br />by and amorig ctta '1�" d.P- atrir4s.. ,R _f1=tf' an, hualnA ijori —3 <br />whose marling addresst - RL s. . Bb' 162, Grand Islan'd', NE 68803 <br />aheroin 'Truster 'l. and tfnion Bank and Trust Co.of Grand:1sLand <br />P.O. Sax 5166 2008 Na Grand Island. <br />whose marling address ►s____.._..__.-_. _..__._r_._.-- .____•_Webb.Riad. NE 68802 ' <br />therein "Trustee'): and -.__ _Union_Bank and Tgyst Cc.. of Grand Island <br />whose mailing address is P , Q_,_ %Qx 5M6 2L`C(3: ( ,_ ie-bb- .goad, Grand Island, NC B980iherem "Beneficiary"). <br />FOR'JALUABLE COliStOERATION, Trustur.arevocably gfan!ti, transfers. convoys and assigns toTrustet ..aN TRUST. WITH POWER OFSALE. . <br />for the benefit and seed of Beneficiary. under-and.19blecitoftie terms and conditions of this Trust following described real propert <br />y. ;f <br />located in _ Hall, T. — County. Nebraska: -- <br />North One Half (Nb) of .the he Northwest Ora: fauarter WD, .�ition Ten (10), <br />Township Ten (10), Range Nine (9), West of the.fith P.M., Hall County, Nebraska <br />TOOETHEA WITH rut of the totlowing, whether now owned or hereafter aa;uj,b d. rents, profits, royalties, income and cater beneWit c :er ledfrorn <br />the real property; aft hy;vi es or subleases covering the real property or any perr.rn thereof. all interests, estate or other cfaims. bet ; , raw and m <br />equity in the real prgfrelty; all homestead exemptions which are hereby released and waived, all easements, rights-of-way, ieooments. <br />hereditamenSs: al ►oil artd gas rghts and prof its, water rights; all right, title and interest of Trf: star. in and to any land lying w:!hin the ^g;a of way n1 <br />any street of highway adlciring 11ps real property, any and all building%, fixtures, improvs�atents. and appurtenances now or ei :„-i s ter erected <br />Ihereon or belcn gin g thereto, (herein referred to as 'Improvement" or 'Improvements"), and any and all awards madefor the taloig3 ;y em,nont <br />domain, or by any proceeding or purchase in heu Ihereof, of the whole or any part of the real property All of the foregoing esaete.;w operly and <br />interest conveyed to Trustee herein collectively referred to as the' Property'" <br />FOR THE PURPOSE OF SECURING <br />(a) The Payment of indebtedness evidenced by Tiustor s note om guarantee ( 'Note ') dated August 16 !9 89 <br />in the principal sum or _ . 50Venty FiV@ ThaUSanCL and. no/100 <br />%J�dO�.� _.. _ .. . ( together with interest nl,e. it,indu,tvi,•, <br />IS__._______ r3 a p; t n<tny <br />future advances evidenced by promissory notoa or guarantoes stating they are secured hereby. and any and al; ren(swais, trio d,hc:,itn i!i .1110 <br />extensions thereof. both p, incipal and interest be Ing payable inaccot datico, with the forms set forl h I horr fit rlhn hpyfrilsrE tali nee ;,,i;te au,ir <br />hererlf , <br />Ibj Tte parformanctr U1 oath Emrftegment tShd covenant of �ru,ter hrtmn tnntdln[te and <br />(c.) Tri + payrner,f 4f tiny sort, Ur sums of money which MJV t)o y :oreaflur Vwd rrr advaliccd by 1111 � rnt• * ,:..,t ,, , ; ° •'i••1 1 •f•1, <br />together with lntrttFf9f thOteoi, of Ih(o, rates provided In iho Nut!i <br />St <br />.al. <br />tr <br />{ <br />I I- <br />r <br />4 _ <br />TOOETHEA WITH rut of the totlowing, whether now owned or hereafter aa;uj,b d. rents, profits, royalties, income and cater beneWit c :er ledfrorn <br />the real property; aft hy;vi es or subleases covering the real property or any perr.rn thereof. all interests, estate or other cfaims. bet ; , raw and m <br />equity in the real prgfrelty; all homestead exemptions which are hereby released and waived, all easements, rights-of-way, ieooments. <br />hereditamenSs: al ►oil artd gas rghts and prof its, water rights; all right, title and interest of Trf: star. in and to any land lying w:!hin the ^g;a of way n1 <br />any street of highway adlciring 11ps real property, any and all building%, fixtures, improvs�atents. and appurtenances now or ei :„-i s ter erected <br />Ihereon or belcn gin g thereto, (herein referred to as 'Improvement" or 'Improvements"), and any and all awards madefor the taloig3 ;y em,nont <br />domain, or by any proceeding or purchase in heu Ihereof, of the whole or any part of the real property All of the foregoing esaete.;w operly and <br />interest conveyed to Trustee herein collectively referred to as the' Property'" <br />FOR THE PURPOSE OF SECURING <br />(a) The Payment of indebtedness evidenced by Tiustor s note om guarantee ( 'Note ') dated August 16 !9 89 <br />in the principal sum or _ . 50Venty FiV@ ThaUSanCL and. no/100 <br />%J�dO�.� _.. _ .. . ( together with interest nl,e. it,indu,tvi,•, <br />IS__._______ r3 a p; t n<tny <br />future advances evidenced by promissory notoa or guarantoes stating they are secured hereby. and any and al; ren(swais, trio d,hc:,itn i!i .1110 <br />extensions thereof. both p, incipal and interest be Ing payable inaccot datico, with the forms set forl h I horr fit rlhn hpyfrilsrE tali nee ;,,i;te au,ir <br />hererlf , <br />Ibj Tte parformanctr U1 oath Emrftegment tShd covenant of �ru,ter hrtmn tnntdln[te and <br />(c.) Tri + payrner,f 4f tiny sort, Ur sums of money which MJV t)o y :oreaflur Vwd rrr advaliccd by 1111 � rnt• * ,:..,t ,, , ; ° •'i••1 1 •f•1, <br />together with lntrttFf9f thOteoi, of Ih(o, rates provided In iho Nut!i <br />St <br />.al. <br />tr <br />{ <br />I I- <br />