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<br /> T!!I8 DBBD Ol* TRnBT i� mad� u o! th� �'�d�►Y ot 1 s i993 by and
<br /> aaionq NILBB A. MiLLgR and (�BORCi�iE R. M2LL6l� hu�band w �S"TrurtoY�"),
<br /> whos� mailinq eddr��� i�4 210 8. 16th, Grend i�land, N�bra� O1�
<br /> ' � -� and DUNNB A. SURNB, Attorn�y at Law. ("TROBTBB^). who�� ra�ilinQ addr��� is�
<br /> P. 4. Eox 2300, (iruid Ialand, N�brulu4 6880Zi
<br /> and TAANBPORTATION BQUiPKBNT OD., INC., a Nabraslu corporation, ("BEN6FICIARY").
<br /> _
<br /> Whas� arailinq addr�ss is: 417 N. 8ha8y B�nd Road, firand I�land, N�bra�ka 68601.
<br /> - --- --- FOR VALUABLE CONB=DERATION, Trustora irr�vaaably transf�r, comroy, en '
<br /> aesign to Trustee, IN TRUBT, WITH POWER OF SALS, for tha b�n�Pit and soaurity o!
<br /> een�ficiery. under and subjact to the toras end conditions of this Daed o!Trust,
<br /> the real prop�rtY located ir� the City of Grand Ialand, Count� of Hall, Stat� of
<br /> t�braok+i, e�nd loyally described ao fallowa: (tho "Property ):
<br /> • The North Ha�lf (N#) of Lot Five (5) Blxk �renty-
<br /> � six (26), Origi.nal Town, now City o� Grend Island,
<br />- , Hall County, Nebraska, known as 411 North Vino _
<br /> • .�-. 9traet, Gxarid Islnnd, Nebraska 68801= and
<br /> :!�;::::,:
<br />''<��.... The Sauth 52' oF Lot Eight (8 , Bloak Three (3)
<br /> ::;::� <«:s�. ' -
<br />'`�;;;;�,: �,�,h:�, Nagy's Addition to the City o c3rand Island, Haf 1
<br /> ''r�1� ' •; G�aunty, Nebr�eka, known as 604 N. Vine street,
<br /> '%��'r�� axent7 IelAnt7, Nebraeka 68801; and
<br /> ;i���.;�;;,
<br /> Lot ESght (8), Block Ninety (90), Whaelex and
<br /> � ; ' 8enaett•� Ath AS8ltion to the City oP Gran� Island,
<br /> - � �;;�f„ ' Hall Couf'ity Ne3�s�aks, known as 21p E. �6th 8treet, .
<br />-- �± ;`,>`.n•� < G�anc1 Ielan�d, Nebraeka 6880A. �
<br /> ... t,
<br /> �.:'`i_' 'Y�, • J „�:� TO(iETHSRIPITH all rents, easements, appurtenances, hereditwunt�ts, intarssts
<br /> ;, ��`�1�{:,�""�`q1:.' in adjoining roade, etreets and alleys, improvements and buildin a of any kind
<br /> � .: �-,:�.,.. . ;
<br /> „ •'���'��'�"'�'�"'�'" �� situated thereon and al l pereonal property that may be or hora ter become an
<br /> �"• ''''�'"%''+�'`�1��`�`"'�'t"� inteqral part of such bui1Sings end improvements.
<br /> ::,., f��. r ��.�'� • �'Sf.`a:,
<br />....�'�l�ti ���k��-
<br /> ,,, 9�.�.: :t�A....
<br /> ' �:+ � �>rcp The property and tha entire estate and interest conveyed to the Trueteo ere
<br /> .. " � referred to collectively as the "Truet Eetate".
<br /> �:��=.ti=,:�� -�� .
<br /> ,, 1 FOR THE PIJRPOSL OF SECURING:
<br /> -�;. '`�"�'"`""' �"•7°'°� a. Payment of indebtedness in the total principal enaunt of �35,000.00,
<br />._��� .•��w'.� _ �
<br /> �. .. : with interest theraon, as evidanced by that aertain Promisaory Not�of even date
<br /> �,�. ,;.':.,, ,,. , a �, (the "Nota") with a maturity date of June 1.__ 200Z exacuted by
<br />`��° ��•��>^,.••;�. �� Trustors, which hea boen delivered acid ie payab�e � e or er o� Benefici
<br /> . ,.t...;,�.i`,�;.;� a
<br />.,•_� ,,.j�,,,,1itq,, _��, and which by thie reference is hereby made a part hereog, and any and a f
<br /> � :;�s..; ,,.., •_ . m o d i f icetions, exteneione a�nd renewels thereof., and,
<br /> � �..,,,, •.� . .:
<br /> "� "'�'�-� .;.•� ,� ' b. Payment of all sums advanced by Beneficiary to protect the Trust
<br /> ,s „ : . .
<br />. � ��;j�. � • Bstete, with interest therQOn at the rate of Pourteen (14+k) percent per annum.
<br /> ' � :�t�ta',.•, .,
<br />-- "` �� This Deed of Trust, the Note, and any other inetrument given to evidence
<br />-�v�`�. +�'������:.,-�'�.� �•�' or further secure the payment and performance of any ob].iqation seaured hereby
<br /> ,• ;'#;y�`°lw`. �,�� are referred to collectively as xhe "Loan Inetruments".
<br /> �,f •>.
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<br /> :�• ��� TO PROTECT THE 3BCURITY OF THIS DEED OF TRUST:
<br /> , ,,.. .
<br /> 'k - � �• �%� 1. PAYN�NT OF INDEBTEDNE33. Trueicors shall pay when due the principal of,
<br /> �'f S'�:�i::,': K,
<br />=�s'� - • .:.•�- end the in eres on, e n e e ness evidenced by the Note, charges, faes end .
<br /> �' k ,��?��';�,t%` all other sums ae provided in the Loan Inetruments.
<br /> �'���'� �� ' 2. REAL ESTAT3 TAXSS. Trustors shell pay the annual real estate taxes to
<br /> ='4.:i''. • � . .
<br /> �,� ��. . ;� the Hall unty Treasurer efore the taxes become delinquent and ehall gurnieh
<br />`` ;�, � = `•• tex receipts to Beneficiary on or before May 1 and 3eptember 1 each year. In the
<br /> •� 'a�``�° event that special assessmente are levied by the City against the property, the
<br /> •- �• ��:1:�',;`` Trustors shall make the annual payments before the seme become delinquent and
<br />__`_ � ,. b provide Beneficiary with a receipt for payment.
<br /> -" " `�',•�, `,• ,.,";+���� 3. INSURANCE AND REPAIRB. Upon closing, Trustors shall provide
<br /> '� •�` ' Beneficiary w a er ca e o Insurance ehowi the buildinga on each
<br /> , t�, a.;t!>>. �
<br /> .- . . �,�,��;, gremises to be insured for fire and extended coverage n an artwunt no less than
<br /> �f,;;,< ��� the replacement value of the buildinge: ^Trustore shall pa athe p F�3umsafar
<br /> � �'t :'i:is - �•� ,,,,�.• lneint8lnitig 6uCi1 poiicy anci 8n6ii pr�viu� dauaa���aa= ....... .�............ ..� _....�....__
<br /> f_ fi% ��•� •'!�'.}ti�;�' premivm pa nts each year. Such insurance policy shall contain a stant�ar8 �
<br /> °°-,`}.'sr. `""' '' {'.�''' mortgage c ause in favor of Beneficiary and ahall not be cancelable, termi�,a3bSe,
<br /> :-�::�;;�'' ' .�.�,�:';'.` "�"��''f,� or modifiable witho�at ten (10) days prior written notice to Beneficiary.
<br />- -- '.�`��•'s�,.'.;;,'°� ,"•;�' Trustors shall pramptly repair, r.�a:.ntain and replaae the Truet Estate or any part
<br />� , i;�;�,ut �
<br /> ~ . t;�:�. s, � thereof sa that, excepz f�r orwi:�►ry weer and tear, the Trust Estate sha11 not
<br /> i� �r`i�^'4'- >,;4 : ,v�` detex3�rate. Iac rsa ev��t sDa�.l 't�ae Trnstore caaamit waste o� or to the Truat
<br /> •,v�` )„�f.�. . ,.;�;'!'' Estate.
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