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<br /> .--���,'�_,�-;�- DE�D OE T1tQST
<br /> ::�;����;�.��,':�'�� ---
<br /> ""'�� •' ' �� THI3 DEED OF TRU3T ia made tt�is 2?nd day of A�rii, 1994, bX =-
<br /> �4y�;�:.:;. r' a�sd among DOU�LAB R. PETERSEN ar�� TAMkRA K. PETER�I�N, hueban8 and ---- -_
<br /> ��"�'�"'"t����'`� v�rife, herefn, referred to as "Trustax", whose malYing ad8rese ie _ _
<br /> - � 1414 E. Capi��al Ave� Granfl Islan�l, Nabs�natca 68IIO1 Y Hf3UC:° T. �—==""`�'�"
<br /> , �~��,�:-� 81K�.id, At4arn�y-at�L�::, P�c�einafter refe��A� ta aa "Trustee", -
<br /> ;��:•, whoae mailing �dd�eas ia P. 0. Bax T90, �raaa zsiana, Nebxac�ka —__-�_� __
<br /> ,. 68802t and RCIBEAT Q. W�NZL and R�HOATA R. WENZL, bnsband and
<br /> � wife, heroinafter referred to as "Beneficiary", whaso m�iiling �
<br /> .� addresa �.$ 2270 W. Abbot� Roafl, Grand island, Nebraska 68803. -----
<br /> ,. . . . c -- -_--
<br /> � � � .• . For valuable consider�tion, Trustor ixs�va�aably qranta, ___
<br /> transfers, conveys a�nd aseigns to Tra�teQ, �a� t��ato a�i�h power _ _ —�
<br /> . ' of sale, for �he benefit and security aL �e��F�.���n�o under and =_
<br /> sub jea� �o the terms and conditions oS �HnSs ���di o� �x�at, the =-_ - -
<br /> , �. �, 7�rustor's interest in the following-described pro�aex�g� loaated i.n __
<br /> � •. � Aall County, Nebraska, to-wi�s ��-=
<br /> . . .;; �°.._.
<br /> ���.-
<br /> S�a2 A�tached Exhibit "A" +�=_
<br /> �'-�_"=--_
<br /> -x��.:�.-.,i.-�;��.-,::
<br /> � � toget�ex with all buildinga, faapxavements, fixtures and a�Opear�e- '"•��;�_=----
<br /> �� nances located thereon or in any way pertaininq thereto, arnd �4�e ~ .,y' �
<br /> . ��t.,; :,; . .. �.
<br /> .-�y�,,,,<<1, rents, assues, profits, reversions and the remainders th�reof, �� ���,,,,,. ��
<br /> includiaag al� such person;al psoperty that is attaahed �o the _
<br /> -�� improvements so as to consti�ute a fiae�ure, al.l of whicfi, includ- �. ,� .�
<br /> <<;{�:'�.. . inq replacemen�s and additions thereto, are hereby declared to be �� _,�-
<br /> - :.,..,:._�
<br /> �'����< a part of th� s�al estate conv�yed in trusfi hereby, it being �
<br /> � agreed that a1Jl of the foregoing sha1.1 be hereinafter refsrred to ���„ a�;-
<br /> =-.,_,.--_ � `
<br /> as the 'Yroperty.tt - _ , r�„�.
<br /> FOR THE PURPOSE OF SECURING: 'r -
<br /> � !��� (a) the payment of indebtedness evidenced by �
<br /> �:.,. m�--
<br /> . . Trustor's note of even date herewith in the principal `���''
<br /> � sum of TWO HUNDRED THOUSAND AND NO/100 DOLL�+,R� ��-
<br /> • ($200,000.00) , together with fnterest at the rate �f_�"
<br /> provided therein, or the principal and interest on any •��T��
<br /> future advance not to exceed the total p�incipal sum , �-�°''
<br /> initially secured hereby as evidenced by promissory � '�-'�"
<br /> : ��,
<br /> ,; notes stating they are secured hereby, and any aa�d all � '��'��
<br /> ��t;::-
<br /> renewals, modifications and extensions of such notes, � �,.;.
<br /> �'%�� ' both principal and interest on the notes being payable '� '"
<br /> �;;,:, .,,. .,, � -
<br /> '�;�:� ;;" in accorda�,ce with the terms set forth therein, which � �
<br /> ��`�,;:,t;�' by this reference is hereby ma�e a part hereof; '
<br /> .�:�<�� .
<br /> ;'�:�;�•. �! (b) the per:Ecrmance of eacln agreement and cove- � • , -•
<br /> •.°:"��;`��` ' nant of Trustor herein containedf and �
<br /> , <<��..
<br /> ...},
<br /> ���•..
<br /> ,, .;
<br /> :+�;;:' (c) the payment of any sum or sums of money which �
<br /> .� may be hereafter paid or advancecl by Beneficiary under
<br /> � •� the �erms of this Deed of Trust, together with interest
<br /> r. .:���� thereon at the rate provided in the note.
<br /> ''r:
<br /> � �'`:'�i -� To protect the security of this Deed og Trust, Trustor :
<br /> . . hereby covenants and agrees as follows:
<br /> 1. Payment of Indebtedn�ss. T� pay when due, the princi- .
<br /> � • pal of, and tY:c. ir.t�r�st on, the indebtedne�s evidenced by the
<br /> � note, charqes, Fe�s and a13. o�her sums as pr�v�i3ed in the loan
<br /> inst�cuments.
<br /> 2. Title. Trus�or is tre owner. of the property and tias
<br /> iL.� ..LL �.� ..�.L.....t�.. L.. .t� �.1.: 1�.....: ..0 ft�.-��e�i in recncnr
<br /> - ' W{G Liyl{4. 4laY u4V��VL1�.Y VV CAG�.a+L4 1.1ti0 �+�.c.�+ v� r�-b.w�v +.• r....r.-��
<br /> to the property.
<br /> , 3. Taxes and AsSessments. To pay, when due, all taxes,
<br /> special assessmentis and all other charges against the property,
<br /> before the same become delinquent, and, in the event Beneficiary
<br /> �hall so require, to add to the payments required under the note
<br /> j secured hereby, such amount as may be sufficient to enable
<br /> Beneficiary to pay such taxes, assessments or other charges as
<br /> . I they become due.
<br /> . �
<br /> � , �
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<br /> ; �
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