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<br /> S9� 1061�0
<br /> :1l`}i�VO{r 1,�I�G�9ERT OF DEED OF TRl'ST
<br /> Bt?RF�Qt+'�k REAE? TNIS PF'�C�RF STGNIVG:
<br /> Boi rower {Tr�istor 1 einderstands t-h.nt the docum�nt that
<br /> the Borrawer is �bout to execute is u Deed af Trust and not r�
<br /> mc�rtgage t�nd tY�at the �.�ower of sale pravided far in L•he Ueed
<br /> of Trugt pro.•ides Sl1bS�Atlt.lA1.�� different rights and
<br /> obligatians io the Borrower than a mortga�e in the event of a
<br /> defo►ult or breach of Q�??L��At101� under the Deed of `TL'L19�.� �11C�.LiC�IAt�*,
<br /> bttt no�t iimitE�d ta, the Lender's right to ha�-e tlZe
<br /> real propert�� sold b� tl�e Trustee caithout any judicial
<br /> proceeding or foreclosure. Barrower represents and warrznts �
<br /> i that thig ackno�.led�ment was executed b,y him before the
<br /> I e�cecut ion of t.he DeeF�, a�f 'I'rust .
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<br /> ; Dated t�ais �,,..,_da�• af ,Vovember, 1989.
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<br /> Borrower �
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<br /> ; i}E�'n OF TR17ST �
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<br /> i THIS DE�p OF TkUST is mAde on the lOt.D�� �da�� of �vo�•ember, 1989.
<br /> k The '�rtestar is Dou�'.�.as .a. DAhl, a/k/a Borr�s��er. 'The Trustee is
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<br /> i Tedd C. Nuston, Nustc�n & Stef'fens I..a�. Office, F.C. , Broken Bow, ,
<br /> • a;� Tr� Rg.��fi�iar� i s Franklin Po��ers, �r. Beneficiary' s _
<br /> ' �� address is F;:oute i , Box i G.� Sargent, hebr�ska. Borro��rer - - �
<br /> zrrevacably conveys to Tr�ist�e, in Trust , wit}-i poker of sale, the
<br /> � ��•�'� follos,�ing descrik�ed re�l estate:
<br /> � a �� .;
<br /> �� The tJPSt Thi rt�' i�ine r��.d Eight Tenths Feet (39. 8" )
<br /> , of Lot Two ! 'l ) in Bloc➢: Faurteen l l� ? ; and a tract
<br /> � � O N of land '1'hirt�- Feet ( 30' ? in �oidth. adjoinin� �nd
<br /> � N� N � b e i n� t h e f u l k l e n g t h o f L o t T w o ( `� ) g l o c k &'a u r teen •
<br /> �� � � ( 1� ) on the kest sidc thercof , form«�riy bein� a � '
<br /> part o�' Sunset Avenue, and aJl bein� in Claussen
<br /> �� �b Countrt- i'ie�: .Additior� to the City af Grand Island, �
<br /> � � �� Hai 1 Count�, ?vebrsska.
<br /> W•'��' w � �`
<br /> ��„+ together with zll af the re-3�.s an� properties therefrom and
<br /> �+' � � subject tu ee�sement and reG.�rictions of record, if an�. •i
<br /> ' a +°�' E-+ Borrower owes Benefic�iary S32,OOU.00, e�'idenced b�� '��
<br /> � � � �� Borrowei•' s Trust Deed tiotc, .dAted thc� lUth da3 of '�o�•ember, 19$9, �
<br /> ' N u�� �+ payable according to the teims thereof.
<br /> � �+ �2 a This securit�� instru�erit secur�es to Trustee the debt
<br /> � � ev i dence d l��- sai d no te . t h° p a y me nt of all other siims, with
<br /> �� � interest. Advanced undef- L'he pravisions f:ereafter, to protect the
<br /> ' �� y �` �ec�as•ity anc� th� }��rt'or�murYCe af ��:�rro���x' s cvvcitii�nts �nd
<br /> � agreements.
<br /> o.sqi,�• Bori•awer coti�enr�nts t.�i�.t Borrot.er is ].ac�fLl.Ii;�• seice�i of such .
<br /> N H +'� real estate and has the :e�ai powei• and �awf'ul authoritv to c6��°e�-
<br /> r+ +� ��V the same and c:arrarLts ai�d c,il 1 defer�d title ta the real estate
<br /> ��� � � �gr�inst the lac:ful wlaims of' all. persans.
<br /> +�•��� BURROwER A�:D TRL'STI:,; .'iGkF.E ,�S FOI,LOWS : '�--'
<br /> , �w-+ � � � 1. Boi•ro�.er shail �a� cchen due� , the pr5nci���ul and ir�t�rest ' �
<br /> � y�o as provideci in sr�id nr�te. � •
<br /> 2. :�.1 1 �ts�'nients rc•c �i.�-�ci �i'.��;1 be f. i i'st ti f�(��1 i f�•e1 t o .�c'.�'t�tsi'r �
<br /> �� � � s.hi ch m�}° ha�-e neen mad� t�; Trusiee �nd tl�c�n t o i rit cr:•�t duc• �iid ; �_._
<br /> � � � 1 a�t to ��ri r<<� ���a T c�uc• .
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<br /> � ', .� �i•�; 1 fl�-�lti'r,t.. *(See Ivbtation) i•
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