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<br /> � .. .. -- ���'�!S Ln�Fa4 Reoo�B Date, / C .,:T; :
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<br /> � TItUST DEED �o�;�=
<br /> �� xiac c��°��`�o�cme �
<br /> THIS TRUST DEED is made and entered iato this Z6th aeY oY 1�larcb� TRUS'I'EE; and J��1�O�� _.�_��
<br /> � o�m� 1'RUSTOR, vvhether one or more: and Tlcor 7Y@e Insaranoe Company. ,�,
<br /> . } E1KG,�� - EB rTEFICIARY,whether one or more. • -
<br /> f resents barg,ain,sell,convey and con5rm unio the Trustee, Y�;_.._
<br /> , - � QV1l7T'IESSETH:That the TYustor dces by these p ���impro�vemente,aad fnctures of every kiad now =--
<br /> with Power of Sale,the follo g-described real estete including Nelnaska, descrlbed as: ` r::.
<br /> � or hereafter erected or�placed on the real estate situated m Mau CountY�
<br /> �_-:.'"�--
<br /> ,K� Lat Sts (�. JeSi�Y Oal�s SMh SabdYvt+lon in W� Ctfy of Grand Island, ��ll Couaty. Nebraska. �:,;�_=_
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<br /> ..:r� . Ia the event of the sale�tcansfer or oom►eyance of the above-descn'bed property to any third gaRY. all sums secured
<br /> _ <�' hereby shuU be aL once due and payable.
<br />,, .. . Tp HAVE AND HOLD the saa+e,with all rlghts. grivile8es, and appunenances thereuato�lon 'n��n8, ��
<br /> e� leas
<br /> Trnstee. liis e�necntors, pdmiaisbratq:'s. heirs aaai assignslf�beae�and essate�ver, �and o the above descdbed
<br />�- ' .. . celiaquishes unto the Trustee aIl r�t, ��claim� inte
<br /> p pad euch and every part thereo� Is g�vea by or iesnits from all Iaws of the State of Nebraska perta�to
<br /> � '° the��emption of hosnestead Aad the Trnstor covena�s witla the Trnstee that he w�l fosever wturant an.d defend the title
<br /> _,;:, to tice same a�inst the lawful claims of aU pereons ahomsoever.
<br />` ' IN TRUST.HOWL�VER.for the following descn'b�dp •W�. the Trnsior did oa this date execute �:::.
<br /> - -�4"�±�:'�°'' a Promissory Note evidenc'�g a loan for the p�cimapal sum of SZ�and interest thereoa aocordia8 t�O the te �om time
<br />-��""�' Promissary Note.bein8 PaY��in monthly insta�lmants at snch Q ae as t�e ffi N fic�a�►��nd�aot s�aer paid, all
<br />��'�•;"."�: - W tima Notwitbstan d i n g anY Provision oonteiQesl6erem or ia said Promiss ry
<br /> ._,f..,� z
<br /> -._�;:,,.,:.: .,
<br /> J�: sums due and owing u a d e r t h e terms o f sai d N o t e s h a l l b e p a i d o n t h o Z b ffi d s y of M a r c 6, •
<br /> _ �• � y In the event of default, BeneS�e la�f�fore�osuce of moitgages. �� �ovided for hesejn.This Trast Deed _
<br />______'.�,, may be foreclosed in the maaner peratxibed Y all ent and fnhue taxes aad -
<br />_— .�y.±'. TT IS A(iREED by end berivee�►thep� hereto that the Trnstor aball:(1)�ay Pns
<br /> `_ � assessments, Seneral and ��� against seid prope�ty before the same beoome deliacjneni or adionable: (Z) keeP a11
<br />_V`�:. .� improvements erected on the laail insnred as may be required from time to time by BeneSc�ary against loss by Sre aad other
<br />;�t�'�'�*�":_ h�rd�casualties and oondnSende�,ia such asna�atg and for such �iods as are reasonable and may be requircd bq the
<br /> ;�-.".�,,.._: � Benefiaary ead to keep all poliaes of such i� � fe� �eff�and deliv�yt all of the�terfimsryand c.oad�'m'oas
<br /> _ .. Trnstor an�'BeaeBclary as loss payees.as their in�rests may ��3)P�Y aud comp�st
<br />=� ;.:..- . d�rec�den.ce over this Deed as soon as such payment
<br /> . .. .�. of any Hen,claam or iadebtedaess that may be senior w an ��fa�nre of e�+e Tzustor to keep as of said agreements, --
<br /> � on or of such 1ien.claim or indebteda�shell bewmo dne; __
<br /> � tke sald Benefidary may pay s�uch tax.PaY for su�h insi.�ranoe.ez Pay off any aad all sach liens,or in,bs�ss as�� _
<br /> ��.� � �i may be„ and moaey e�ended, with interest as Qcovided bY the terms of the aforemendoaed Prom�ssory te+ -_
<br /> secured bY this Trust Deed.and the Tnistor a�ras to pay the same upon deanand.a�d� ��e� do sfl�the balance
<br />� . o f s�i d P romissory a n t e s b a D t r e c o m e i m n n e d�a t e l p due and payable at the option of the Beae fi a l a ry;(4) s���s ��-
<br /> . � upon the Trostee the Power of 3ale as provided in Neb�as�a law;(S�retain possessioa P H i e pse m i s e s aa d co ll e c t r e n t s �.0
<br /> and revenues therefrom:(�maintai°the Pcope�rtYia a coadition of maintenancc aad re air sueh tLat the interest of Tn�stee �._
<br /> � " _ �� � aad BenefisiazY are not reduced in value tdro�a aaste. Failure to comply with a�r of the foregoinB PiovL�ions sball �.;-
<br /> � o o n s t i t ute an event of deisult nader the terms of s1S Tmst Deed. �`Y=
<br /> , �' �pro ��-�`-
<br /> ABANDONMENT.OF THE�PR�OPER�BY�ed the Ptope�h►� Ttusto'n oo���w i W�otltes ���
<br /> -- - __ _____ -- - - -- --*--- �-- -�- �'.-.
<br /> --- -- u cuc�amas��.��•��r---- .—. _. . �� g��Notice of Deiant4 to encer upoa�av pn��� ••� �.-
<br /> event of default,Benefidary shall 6ave the cxgLt, to ratect �nd resesva the interests of -
<br /> . purpose of securtng tke same and for carrying outa� oil�er meas�res neeess�s�► P p
<br /> the �eaeSaaq► ia aad to the Prop$rty. Tn�stor spe�call�► ag�ees to hald TrusDee and HeBeficiexy and their employe�
<br /> . . . servants aad agensts harmless for any damaBes nnavoidably intlided upon tha Pmperty in co�ecCion with the w[ercisa oi
<br />_ •a 8
<br />- rights arising undes this Paragraph,sind hereby waives m►y caa�se of action arishig therefrom.
<br /> . Upon paymeat of fill snms secured by_this Trust Deed► the B�cefidiaey sLaU request the Trnstee. In w� to
<br /> - �.,
<br /> _ '. recoaveq the property and shall surreades this'Itnst Deed aad all notes videndng indebtedsess secured by tLis Trust D .
<br /> _ ' to the Trustee.'lYustee shall reoomrey t�properCy without wananty W thepe�son or persons IegaUy entr�led thereto•bnt
<br /> if default be made in the, ay�ent of said Note m�Afo�d,t�hen the ywhal�e of said Note shal!beoone due aud be+�p�d
<br /> performance of any or�er of sald agaeemeab y
<br /> as here�ft�e��o��� t�o�on of the�Trustee.shere�before d 8esa�ibede t public�u aio�the fihighest
<br /> bidder for cas6.
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<br /> wna eas.rac.e�ra�rta:a�saam cc�a.tm�on,�na,.�eeasa��s s�.�au/�.�ss�
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