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r <br />U) <br />THIS TRUST DEED is made and entered into this 21st day of October, 2003 by and between AMOS C. ANSON, <br />A SINGLE PERSON, TRUSTOR, whether one or more; and FIDELITY NATIONAL TITLE INSURANCE COMPANY, <br />TRUSTEE; and JAMES S. REED and PRECIOUS A. REED, BENEFICIARY, whether one or more. <br />WITNESSETH: That the Trustor does by these presents gr ant, bargain, sell, convey and confirm unto the Trustee, <br />with Power of Sale, the following-described real estate including all buildings, improvements, and fixtures of every kind now <br />or hereafter erected or placed on the real estate situated in Hall County, Nebraska, described as: <br />Lot Twelve (12), Grind West Third Subdivision in the City of Grnnd Island, Hall County, Nebraska. <br />In the event of the sale, transfer or conveyance of the above - described property to any third party, all sums secured <br />hereby shall be at once due and payable. <br />TO HAVE AND HOLD the same, with all rights, privileges, and appurtenances thereunto belonging, onto the <br />Trustee, his executors, administrators, heirs and assigns forever. And the Trustor hereby expressly waives, releases, and <br />relinquishes unto the Trustee all right, title, claim, interest, benefit and estate whatever, in and to the above described <br />premises and each and every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to <br />the exemption of homestead. And the Truster covenants with the Trustee that he will forever warrant and defend the title <br />to the same against the lawful claims of all persons whomsoever. <br />IN TRUST, HOWEVER, for the following described purposes: WHEREAS, the Truster did on this date execute <br />a Promissory Note evidencing a loan for the principal sum of $130,000.00 and interest thereon according to the terms of <br />said Promissory Note, being payable in monthly installments at such place as the Beneficiary may designate in writing from <br />time to time. Notwithstanding any provision contained herein or in said Promissory Note to the contrary, if not sooner paid, <br />all sums due and owing under the terms of said Note shall be paid on the 21st day of October, 2004. <br />In the event of default, Beneficiary's remedies shall not be limited to those provided for herein. This Trust Deed <br />may be foreclosed in the manner perscribed 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 taxes and <br />assessments, general and special, against said property before the same become ddelinquent or actionable; (2) keep all <br />improvements erected oa [he land insured as may be required from time to time by Beneficiary against loss by fire and other <br />hurards, casualties and contingencies, in such amoums and for such periods as are reasonable and may be required by the <br />Beneficiary, and [o keep ail policies of such insurance in force and effect and delivered to the Beneficiary, and naming <br />Truster and Beneficiary as loss payees, as (heir interests may appear; (3) pay and comply with all of the terms and conditions <br />of any lien, claim or indebtedness that may be senior [o and take precedence over this Trust Deed as soon as such payment <br />en or of such Gen, claim or indebtedness shall become due; and upon failure of the Trustor to keep any of said agreements, <br />the said Beneficiary may pa such [ax, pay for such insurance, or pay off any and all such liens, or indebtedness as the case <br />may be, and money expended, with intcrest as provided by the terms of the aforementioned Promissory Note, shall be <br />secured by this Trust Deed, and the Trus[or agrees [e pay the same upon demand, and upon failure to do so, the balance <br />of said Promissory note shall bcwme immediately due and payable at the option of the Beneficiary; (4) specifically confer <br />upon [he Trustee [he Power of Sale as provided in Nebraska law, (5) retain possession of the premises and collect the rents <br />and revenues therefrom; (6) maintain the Property in a condition of maintenance and repair such that the interest of Trustee <br />acrd Beneficiary are n reduced in value through waste. Failure to comply with any of the foregoing provisions shall <br />constitute an event of default under the terms of this Trust Deed. <br />ABANDONMENT OF THE PROPERTY BY TRUSTOR. In the event that Truster abandons the property, or <br />if circumstances reasonably indicate that Trustor has abandoned the Properly whether or not in connection with my other <br />event of default, Beneficiary shall have the right, following filing of Notice of Default, to enter upon the premises for the <br />purpose of securing the same and for carrying out any other measures necessary to protect and preserve the interests of <br />the Beneficiary in and to the Property. Truster specifically aggrees to hold Trustee and Beneficiary and their employees, <br />servants and agents harmless for any damages unavoidably inBicted upon the Property in connection with the exercise of <br />rights arising under this Paragraph, and hereby waives any cause of action arising therefrom. <br />Upon payment of all sums secured li this Trust Deed, the Beneficiary shall request the Trustee, in writing to <br />reconvey the property and shall surrender this Trust Deed emit all notes evidencing indebtedness secured by this Trust Deed <br />to the Trustee. Trustee shall reconvey the IInnoperty without warranty to the person or persons legally entitled thereto; but <br />if default be made in the payment of said 11 ote or any art thereof or any of the interest thereon when due or in the faithful <br />performance of any or either of said agreements as aforesaid, then the whole of said Note shall become due and be paid <br />as hereinafter provided, and this deed shall remain in force. The Trustee or his attorney may then proceed to sell the <br />property m its entirety or in parcels at the option of the Trustee, hereinbefore described at public auction, to the highest <br />bidder for cash. <br />Pepe 1 Form mr1som by AMMAM Peal EMe amlwe, Inc. 1SH- .30.1a115 e}a4O / 03 -31n <br />PC <br />I <br />M T - <br />n u1 <br />p m <br />C rn <br />n <br />('1 <br />7 <br />D N <br />p <br />m <br />N <br />� T <br />_ <br />m <br />ilk <br />Co <br />A <br />3 <br />N <br />V <br />CJ <br />✓ <br />� <br />O <br />[Space Above Thin Line for Remrding Data] <br />TRUST DEED <br />THIS TRUST DEED is made and entered into this 21st day of October, 2003 by and between AMOS C. ANSON, <br />A SINGLE PERSON, TRUSTOR, whether one or more; and FIDELITY NATIONAL TITLE INSURANCE COMPANY, <br />TRUSTEE; and JAMES S. REED and PRECIOUS A. REED, BENEFICIARY, whether one or more. <br />WITNESSETH: That the Trustor does by these presents gr ant, bargain, sell, convey and confirm unto the Trustee, <br />with Power of Sale, the following-described real estate including all buildings, improvements, and fixtures of every kind now <br />or hereafter erected or placed on the real estate situated in Hall County, Nebraska, described as: <br />Lot Twelve (12), Grind West Third Subdivision in the City of Grnnd Island, Hall County, Nebraska. <br />In the event of the sale, transfer or conveyance of the above - described property to any third party, all sums secured <br />hereby shall be at once due and payable. <br />TO HAVE AND HOLD the same, with all rights, privileges, and appurtenances thereunto belonging, onto the <br />Trustee, his executors, administrators, heirs and assigns forever. And the Trustor hereby expressly waives, releases, and <br />relinquishes unto the Trustee all right, title, claim, interest, benefit and estate whatever, in and to the above described <br />premises and each and every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to <br />the exemption of homestead. And the Truster covenants with the Trustee that he will forever warrant and defend the title <br />to the same against the lawful claims of all persons whomsoever. <br />IN TRUST, HOWEVER, for the following described purposes: WHEREAS, the Truster did on this date execute <br />a Promissory Note evidencing a loan for the principal sum of $130,000.00 and interest thereon according to the terms of <br />said Promissory Note, being payable in monthly installments at such place as the Beneficiary may designate in writing from <br />time to time. Notwithstanding any provision contained herein or in said Promissory Note to the contrary, if not sooner paid, <br />all sums due and owing under the terms of said Note shall be paid on the 21st day of October, 2004. <br />In the event of default, Beneficiary's remedies shall not be limited to those provided for herein. This Trust Deed <br />may be foreclosed in the manner perscribed 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 taxes and <br />assessments, general and special, against said property before the same become ddelinquent or actionable; (2) keep all <br />improvements erected oa [he land insured as may be required from time to time by Beneficiary against loss by fire and other <br />hurards, casualties and contingencies, in such amoums and for such periods as are reasonable and may be required by the <br />Beneficiary, and [o keep ail policies of such insurance in force and effect and delivered to the Beneficiary, and naming <br />Truster and Beneficiary as loss payees, as (heir interests may appear; (3) pay and comply with all of the terms and conditions <br />of any lien, claim or indebtedness that may be senior [o and take precedence over this Trust Deed as soon as such payment <br />en or of such Gen, claim or indebtedness shall become due; and upon failure of the Trustor to keep any of said agreements, <br />the said Beneficiary may pa such [ax, pay for such insurance, or pay off any and all such liens, or indebtedness as the case <br />may be, and money expended, with intcrest as provided by the terms of the aforementioned Promissory Note, shall be <br />secured by this Trust Deed, and the Trus[or agrees [e pay the same upon demand, and upon failure to do so, the balance <br />of said Promissory note shall bcwme immediately due and payable at the option of the Beneficiary; (4) specifically confer <br />upon [he Trustee [he Power of Sale as provided in Nebraska law, (5) retain possession of the premises and collect the rents <br />and revenues therefrom; (6) maintain the Property in a condition of maintenance and repair such that the interest of Trustee <br />acrd Beneficiary are n reduced in value through waste. Failure to comply with any of the foregoing provisions shall <br />constitute an event of default under the terms of this Trust Deed. <br />ABANDONMENT OF THE PROPERTY BY TRUSTOR. In the event that Truster abandons the property, or <br />if circumstances reasonably indicate that Trustor has abandoned the Properly whether or not in connection with my other <br />event of default, Beneficiary shall have the right, following filing of Notice of Default, to enter upon the premises for the <br />purpose of securing the same and for carrying out any other measures necessary to protect and preserve the interests of <br />the Beneficiary in and to the Property. Truster specifically aggrees to hold Trustee and Beneficiary and their employees, <br />servants and agents harmless for any damages unavoidably inBicted upon the Property in connection with the exercise of <br />rights arising under this Paragraph, and hereby waives any cause of action arising therefrom. <br />Upon payment of all sums secured li this Trust Deed, the Beneficiary shall request the Trustee, in writing to <br />reconvey the property and shall surrender this Trust Deed emit all notes evidencing indebtedness secured by this Trust Deed <br />to the Trustee. Trustee shall reconvey the IInnoperty without warranty to the person or persons legally entitled thereto; but <br />if default be made in the payment of said 11 ote or any art thereof or any of the interest thereon when due or in the faithful <br />performance of any or either of said agreements as aforesaid, then the whole of said Note shall become due and be paid <br />as hereinafter provided, and this deed shall remain in force. The Trustee or his attorney may then proceed to sell the <br />property m its entirety or in parcels at the option of the Trustee, hereinbefore described at public auction, to the highest <br />bidder for cash. <br />Pepe 1 Form mr1som by AMMAM Peal EMe amlwe, Inc. 1SH- .30.1a115 e}a4O / 03 -31n <br />