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MI <br />r.� <br />;V n <br />M <br />C M CA <br />Z <br />i1 > <br />Cn <br />Q <br />TRUST DEED <br />,v <br />C : _'� <br />u <br />rr) <br />GJ <br />l_ N <br />co <br />C-.') CJ) <br />O —4 <br />Z � <br />rT, <br />n <br />Cn <br />C!n <br />THIS TRUST DEED is made and entered into this /� day of September, 2004 by and between <br />Harry Lilienthal and Wanda R. Lilienthal, husband and wife, TRUSTOR, whether one or more; and Fidelity <br />National Title Insurance Company, TRUSTEE, and GNR Development Corp. of Hastings, Nebraska, a Nebraska <br />Corporation, BENEFICIARY, whether one or more. <br />WITNESSETH: That the Trustor does by these presents grant, bargain, sell, convey and confirm unto <br />the Trustee, the Power of Sale, the Following Described real estate including all buildings, improvements, and <br />fixtures of every kind now or hereafter erected or placed on the real estate situated in Hall County, Nebraska, <br />described as: <br />Lot Six (6), in Pleasant View Thirteenth Subdivision in the City of Grand Island, Hall County, Nebraska. <br />In the event of the sale, transfer or conveyance of the above - described property to any third party, all <br />sums secured hereby shall be at once due and payable. <br />TO HAVE AND HOLD the same, with all rights, privileges, and appurtenances thereunto belonging, <br />unto the Trustee, his executors, administrators, heirs and assigns forever. And the Trustor hereby expressly <br />waives, releases, and relinquishes unto the Trustee all right, title, claim, interest, benefit and estate whatever, in <br />and to the above described premises and each and every part thereof, which is given by or results from all laws of <br />the State of Nebraska pertaining to the exemption of homestead. And the Trustor covenants with the Trustee that <br />he will forever warrant and defend the title to the same against the lawful claims of all persons whomsoever. <br />IN TRUST, HOWEVER, for the following described purposes; WHEREAS, the Trustor did on this date <br />execute a Promissory Note evidencing a loan for the principal sum of $18,450.00 and interest thereon according to <br />the terms of said Promissory Note, being payable in One Installment at such place as Beneficiary may designate in <br />writing from time to time. Notwithstanding any provision contained herein or in said Promissory Note to the <br />contrary, if not sooner paid, all sums due and owing under the terms of said Note shall be paid on the 15th day of <br />September, 2005. <br />In the event of default, Beneficiary's remedies shall not be limited to those provided for herein. This <br />Trust Deed may be foreclosed in the manner prescribed by law for foreclosure of mortgages. <br />IT IS AGREED by and between the parties hereto that the Trustor shall: (1) pay all present and future <br />taxes and assessments, general and special, against said property before the same become delinquent or <br />actionable; (2) keep all improvements created on the land insured as may be required from time to time by the <br />Beneficiary against loss by fire and other hazards, casualties and contingencies, in such amounts for such periods <br />as are reasonable and may be required by the Beneficiary, and to keep all policies of such insurance in force and <br />effect and delivered to the Beneficiary and naming Trustor and Beneficiary as loss payees, as their interests may <br />appear; (3) pay and comply with all of the terms and conditions of any lien, claim or indebtedness that may be <br />senior to and take precedence over this trust Deed as soon as such pay mention or of such lien, claim or <br />CD <br />N <br />CD <br />O <br />L <br />CD <br />C0 <br />►—_ <br />fCD <br />A7. <br />N <br />3 <br />CD <br />�-a <br />Z <br />O <br />