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<br /> - THIB DBBD OB TRUBT io rtusde as �! the „�day o! July, 1994, by and among _
<br /> — ._— NARpLD O. ZIt�l�RMtat�1, JR., a Oingle p�s�on, t"'i�RtJB'1'01t")� Mhone mai iing aa1c9reee ie: . - --
<br /> +` 3506 B. 8eadling Mile Eioad, arand l�land, Nabse�ke 68801j
<br /> � end DtJANB A. gURNB, Attorney at Lar, ("TRUOTBB"1. Mhose mailing eddreae is:
<br /> P. O. Sox a30a, (irand Zsland, Nek�raslu� 68808 j
<br /> �. and TRAN8F02YTATiON BQUiP1�NT CO., iHC.� e Hebrsaks caxposation, �"B$NSPIC2AItY"). �
<br /> wh�ne, r�ailing ad�coes ie: �417 N. Atu�By 9and Ronc�. 3rand Islac�d, Nobraakn 68801. _�__-
<br /> 1. POR VALWIBLB COA9IDBRATION, Trustor irrevoanbiy trenefere, conveys� aad
<br /> aseignd bo Truetee, 2H TAt18T, WZTti P01�Fi C� SALS. tor the bene�it and eecurity
<br /> ot Benetiaiary, undes and eubieaE to the tarms aad cossditions o! thia Deed ot _
<br /> Truet, the zeel property loceted in the City of 3rand 2eiand, County o! �taii, �
<br /> • State of Nebraska, end legdlly desaribes! ae fuliows: tEhe "Property"1 =
<br /> •�t.�,;�;�� A tzact of lead ccmprieing a pare of LoC One (1), Voaa Subd3vision of �=
<br /> ��y the Sauth Half t83�) of 8eation Blevea (li), Toanehip 8leven (li) �t�,�
<br /> ', ,=,;,;�',��` Noreh. Renge P7ine (9) West of the 6th P.M., ia the City of arand "°-��;�,
<br /> � ielan�, Hall County, Nebraska, more pnrticularly doacribed as folloxe:
<br /> ' � y��"��• Heginning at the south�eat corner of eaid Lot One (i), voas �-
<br /> ��l F,.. t i .. , ..
<br /> :���r'����: SubdiviBion, eaid poi�at aleo being the eouth�est corner of the
<br /> Southeast Quarter of the 3outhMest Quarter (883L4Wii) s thence running •i''"�'
<br /> ;c;•i�e;��:.,...,,:yA:: �
<br /> .¢�,�..r,:.:= �,•;:�.r�+ eaeterly along the south liae oP the 3outheast Quarter of the
<br /> • BouChaest Quarter tSH�{SW',�), n d�istarice of Hour HunBred Seventeen and
<br /> -�;�5��''''t:'� :'•''�. Sixty-four Huadredthe t437.64) feet, to the AC'1R1AL point of beginningt
<br /> '','�.",' °' ; ` thBnCe dePleCting le£t �10°29'49" and suisning aozthesly a dietance of 1 _
<br /> �� � " One Hundred Sighty-three artd Seveaty-four Huadredths t183.7�4) feet; i• ��
<br /> -° ,�, ;�;,. = Ltisaac•def2ect3ag zfght 44°34'S9" end running easterly a dietance oP � �__
<br /> • One Htisidred Thisty-two and 8even Tenths (132.7) feetj thence .'�
<br /> 'Y•: • �� '� ., deEleat3ng zight 89°35'02" asd ruaniag southerly a diatence ot One
<br /> o„ . �, Hurid�CQd 8�qhty-three 8Rd 8:�qhty-$�x Hul1d=@dth9 (183.96� P@@t� to 9 r
<br /> , point on the gouCh line of eaid Southeast Quarter of the 3outhaeet . �
<br /> ' " Quarter (88',44WiA ; thenee defleating zight 90�29•49" and ruru�ing
<br /> ' � � reeterly along the aouth line of said SoutheasC Quarter of the�
<br /> ' �� � Southvreet Quarter (SH'�{SWiil, a distence of One hundred Thirty-two and � �
<br /> � :'.� • • Sixty-eight Hundredthe (13Z.68) feet, to the ]�CiRJAL point of !
<br /> �. '' , be9ltutiazg. I
<br /> ;,;�,.>•,-er...�,,,�.,... I
<br /> ••�'�r� '�� ' . . TO(�STHBR WITH all rents, easements, appurtoaarsces, heseditaments, intereste
<br /> TO
<br /> �'��-�> • in adjoining ronds, etseete and alleys, improvemeate and buildings of any kind +
<br /> u.��>',',�;'i '., situaLed tbereon and ail pereonal property that may be os hereafeer become an I
<br /> �_:•_:.•,- • ' .� � �ntegrel part of sach buildis�gs aad improveinents.
<br /> . ,,, ...t;,,= _
<br /> ����» •� -• ��.�..� The �roperty and the esitire estate and interest conveyed to the Truatee are '
<br /> ' '���?��.:.' . referre8 to collectively ag the "Truet Bstete". �
<br /> � • ' .:S':`i;;'.:''-' FOR THB PURP03B OF 3BCQRIN3:
<br /> .. .. ..�;l:::ia•�,.. ,�
<br /> � �`�����"` � a. Payment og indebtec4ness in the total principal amount of S44,500.00, I
<br /> - + aith interest thereon, ae evidence8 by that certain Promiseory Note of even date �
<br /> � �- " (the "Note"1 �ith a matnrity date of June 1, 2004, executed by Truetor, ahich has I��
<br /> , :�� . „•. " been delivered end is payable to the order of Seneficiary, and ahich by thfa
<br /> �.r .;.,;;;,�,ti•1�:��s'c refezeace is hereby made a part hereof, and aay eutd ail modif3.cations, extensions i
<br /> "`���:,�';.:��';rst? , aad zene�ralg thareof, and, �
<br /> �,.;,.,.
<br /> '���� b. Payment of all sums advanced by Seneficiary to protect the Truet
<br /> '•° � Setate, �vittn intereet thereon at the rate of twelve (12tc) percent per annum. ;
<br /> i
<br /> . �� , This Deed of Trust, the Note, and any other instrumerit given to evidence � ,
<br /> � or further socure the paymerit and performance of any obiigetion secured hereby
<br /> � are referred to coilectively as the "�oan Inatrumenta". �•
<br /> �..� ' � '... TO PROTSCT THS 38C[JRITY OF TNI$ DBBD OF TRUST: ,�
<br /> `` ` . 1. JtAYMBNT OF =t1DBBTBDNRSS Trustor shall pay orhen due the prfncipal of, ,.
<br /> � ;� ., . � and the interest on, the indebtedneas evideaced by the Note, charges, fees and
<br /> ��,. �� , all other atnne aA provided in the Loan Inetrumenta. (
<br /> ——---__ •• ��L � �M �V 41�w Mlw� ✓j� e� r
<br /> .. '
<br /> � 2. RKA4 K�'AA1TS_1'A7CG�� irUBLVS qita�t Nap caw�u�v......• ..... .....+ ..�..... �+��'..^,2p.,.�
<br /> - �, and intereet payments are made, one-ts�elfth ti/12) of the eatimated annual real ;
<br /> � eetate taxe�.•. Beneficiary ehali then pay the reai eetate taxee before the same � .
<br /> ' " becane delinquent and ehail provide Truetor aith evidence of payment of the same. �
<br /> in the event that the real eatute taxes should iacreaeo, the Trustor agrees to I
<br /> � J make an additionel pa y ment eu�ficient to cover paymeat of euch taxes. At the
<br /> ° � ' � . preeent time real estate taxes aro S984.00 or $82.00 per month.
<br /> �� 3. xtJ8UR�1�S ANA RBRA�R9. Truator ehall obtain and keep in force a policy �
<br /> df fire and extended coverag�euranco, ineuring the buildinge conetituting thQ i
<br /> � •� trust estate, for an amount no leas than the replacement velue of the buildingg. �
<br /> Trustos ehall pay the premivme Los maintaining euch policy and ehall provide !
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