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<br />~ <br />I <br />k <br />~. <br />~ <br />ri...n' <br />~ <br />I <br /> <br />I.n i'1 '/ . j <br />W ..... ,," d \ i <br />TRUST DEED <br /> <br />29th <br /> <br />day of <br /> <br />Clarence P. Fetsch and Judith E. Fetsch. husband <br /> <br />1724 FrRRnom nrillR, <br /> <br />and wife <br />,whether one or more, herein- <br />r; rFlOri T c; 1 FlOri, NE <br /> <br />THIS TRUST DEED, made this. <br />be and between: <br />(A) <br /> <br />88-i00128 <br /> <br />ORf:RmhRr <br /> <br />,19 R? <br /> <br />after called "Trustor" whose mailing address Is <br /> <br />and <br /> <br />(B) <br /> <br />Howa.rd E. Tracy, Attorney-at-Law, .... <br /> <br />as "Trustee" whose mailing <br />and <br /> <br />(C) <br /> <br />NorthhlRc;t NFlt i onFll RFlnk <br /> <br />706 West Koenio. Grand Islanri. NE <br /> <br />address Is <br /> <br />, <br />f~ <br />~ <br />i~- <br />I> <br /> <br />as "Beneficiary" whose malllng address Is <br /> <br />2008 No. Webb Road. Grand Island. NE <br /> <br />V <br />l:. <br />~~j <br /> <br />WITNESSETH: That Trustor, in consideration of One Dollar (S1.OD) and other valuable consideration receipt <br />whereof Is hereby acknowledged, grants, conveys. sells and warrants to Trustee, in trust, with power of sale. the <br />following described property, situated in HFll1 County, Nebraska: <br /> <br />Lots Eight (8), Ten (10), Eleven (11), Twelve (12) and Thirteen (13), <br />Argo Subdivision, Hall County, Nebraska <br /> <br />The Intention being to convey hereby In absolute title In fee simple, including all the rights of homestead and <br />dower, together with all buildings, fixtures, Improvements and appurtenances thereunto belonging; and all of the <br />foregoing, together with said property are herein referred to as the "Property," <br /> <br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained <br />andthepaymentoftheprlnclpalsumof Thirtv Three Thousand Dollars{S 33.000.00 ), <br />as evidenced by a promissory note bearing even date at the rates of Interest thereon which may hereafter be paid <br />or advanced under the terms of this Trust Deed;lboth principal sum and Interest thereon being payable according <br />to terms set forth In said promissory note, reference to which Is hereby made, at the office of the BenefiCiary or at <br />such other place as the holder may designate In writing, the final payment of principal and Interest, If not sooner <br />paid, shall be due and payable on the 31st day of December , 19 88 <br />* Except as this note may be extended, renewed or modified in writing. <br />Trustor and Beneficiary covenant and agr.. as follows: <br /> <br />1. .....,..~ T....1af Is _..." _011" Pr~ ll_goocIr..... and <br />_""-'10__ _, I" "'-'r; I" Pr_, 1a1__e_oI... <br />____..~ 1_ _ oIr_d; _Tru..or .111..-...._ <br />_ ...111........ Pr_, unlo'" T.......nd II. __ and...... <br />_........._olallpeo_., T....I"'.., 1I._.wI"__ <br />_"'_01_ T'uaIDaed........ upon '" T'uII Pr_, aubjacl ontr 10 <br />_..IaIIng.. 01 '" cia.. ....eol..1II cau.. Ihl. T...., Daed.__ <br />_ or __I_alo, 10 ...,11ad _ ,ec",_... mon_ 011" <br />T....~...__.nd In _ place, _ .1111_ _oI"'actlOn.. <br />... ... opInIQn of T....,.. ma, ... 'IOQ_ by an, _I or M... ... In order 10 <br />,*,ecl, _.nd protac:llhe IIan 01 IIlIa T,ualDaed. .. ,.. ...... _ "'''0lIl <br />1..,ol....._or--.lad. <br /> <br />a. ....-.......... _ '-- Trullor allall puncluall, pa, ,.. principal 01. <br />_ _ on. _ --. noIa Including an, ad.ance. ,...._.. pr_ <br />_ on ......... _ ., ... place _ In I" manner IM_ _n .nd .111 <br />~....- aIt...-.. condIllon. _ prOYtaion. 01.", 01'* aacurll, <br />_..-"'__IIlIa"_'Ion, <br /> <br />L <br /> <br />3. ~...._............ ..lntH. Ie.........,. TrultOf will nol commit a"1 ..... <br />upon ... .......", end ~II. at aU tun... maintain .". NtM in good orar and <br />_IOn _ will _, I...... 1_ 10 1_. .11 rapel'", '_.11, 'ap_nll. <br />_ _ '--'oil _ ar. _, '_I'ad 10 _I ...,.. <br />~,or _1or.11on oIaald IM_" No building or Impr_ _ or <br />'*_ _lad _ ,.. Pr_" _ ... .I...ad. ,_ or _ <br />_ _prior ...,....-1 o'_lelar,. <br /> <br />.. ~""-".In caN 01 an, __ 10. '" _Iruc:lion 01, 1M bulldlnga. <br />'--'.or peo_pr_, conaUlull"ll paol ollila TrUll Po_,. _,.... <br />.... ... .. cower.. ttr Nufllmce Of' 01......1... TruIIOf, at III eoIe cael end <br />_, will prolIlpI" ''''or., rapai'. 'aplace _ rebuild I" ...... .. -Ir .. <br />pr...'_lOllaeondlllon -lair prior 10_ __ '" _Irucllon or .llh <br />_ cIlMIaa _ _1_" T_ ma, _ ___In pr_ auch <br />cIlMIaa _ ",*aI_ cIo noI matartallr _ ... ...... _ utili" 01 _ <br />-..a, '-4_"""'" and par........., I...... I'" ..1aI1ng -lair prior '0 <br />_ --.. or _ructlon, Truator _II'" ..U11ad 10 r_ '- i" <br />T_Io..._oI..._.......anca~_..,T._..........,1o <br />__oI"'__..".,-__pr__ <br /> <br />I. ~ ,...... " TruelO111 . corporalk)ft. It will do all l"lngl necMNfY 10 <br />_1Ia_.........._. r""'_pr~ u_l" _01"'_01 <br />lIa-,.,atlorl. <br /> <br />.. ___. TrueIOf, .t It I ._pen.., will IMilnteln .lth inlhH0r8 appt'0'fe0 by <br />~, '--e wllh '_110 ... Impr_nl..nd _I pr_,. <br />-....... 1M "-,, aealn.llolII .., II.., l:gIllnlng, lor~dO, .nd 01.... paoli. <br />_ by -.. ......... _. _'_I, In .n __nl aQUallO .1 <br />..... _ _ peo-.I 01 I" 'ull "--1 ..Iua I_I; and InlUta11t8 <br />....... __ _ _... auch _, aa.. CU.........11y ta.rlad b, _ner. <br />... ....... of ......., ptopert... and .1 ......klat~ me., reQuire tOt It, <br />,.-,.... Truator _ ~Ir ."" _ 01.... r~r_1I .. _lei." me, <br />"- _ .. _ ~ tOf ,.. p'otetuon by ~anc.e of ,.... In...' of ... <br /> <br />reepecthe part.... AlllnllUf8nCe pol'dM malntalMd purauant 10 thl, Trul' DMCI <br />....., name Tr&lalee and .....JcWy .. Insured., .. their fMPKUwe Int....... met' <br />appear. and pt"OVIR '1\11, there alwH be no cancellation or modUk:aitkM't without <br />'I"..... day. prior written noIilkaUon to Trual.. and .....'ic..ry. In the event an., <br />polk:, ........,... I, not r...-..cl on Of before taft..,. dart prior to ita ..plr.lion <br />data, Tru.... 01' ....6cIaIy ma, procure eveh tnauf.nee and II'W coat thereof.MII <br />... _ '0 I" lOan _u'ad .., Ihl. Tr.... Daed .nd allall _ In,.."1 .1 I" <br />ll'''la! 01 ,.. Inl....' r... _iliad ,..... or Ilia 1I1g_llnlaf"lr.l. .ulllOr...., <br />IIy .......011.. SI.I. 01 N....-., T....'or _II daI_ 10 IIonallelary Ilia original <br />pollelN 0I1nauranta _ ._a1a ,........ or mamo eopiaa 01 .lOCh "",lit... .nd <br />'.......1. 1....~1. FaUu,.. to 'urn"" Inluranee by TruetOf. Of renew... .. required <br />......._ .Ilall. .1 ,.. oplion 01 IIonallel.ry. ton"ilul. . clalault. All u_."'" <br />premium. ar. hereb, ..Ita'*' to Trul'" a. addlllonal MCurlt..- and . .... and <br />t;pn...,.nc. ollila "'oparI, lIy'IIa T.u.... ..'la1l_.1.10 tOll.., 10 Ilia pu.ehaaar <br />1M Tru.tot..lnl....'tln and 10 aU pohd.. ollnluranca upon the TrUll Propert.,. <br /> <br />7. TUM .... ..........ta. Tru.lor lhall pay .lIt.... and specia' ......menl. <br />levied Of ....uad again.. Of due upon Uw Propert, before dellnque~cy. and will <br />delivar 10 Benet!ciary Cc.pla. ot ,ecelpta showing pa,ment 01 auch '..a. and <br />epeclala..e.lmentl.II 8enahclary shall so req~lt, Trultor agr... that thar. ,hall <br />be added to each periOdic pay~t required to be m'" hafeoncler an amount <br />.IUmlted br Trult.. to be lutllcl.nt to anabla TruIIOI 10 pay, .1 1"11 30 dlY' <br />be'or. delinquency. III I..... aSHlsmantl or 011\ln public Charga. a"alnsl lhe <br />Trult Ptoper1r. lhe Hota HCurad by !hll nUll CMd. or upon accounl 011"- Clabl or <br />the n.n 01 Ihls Trust Deec:I. together wUh premluml 'or Insurlnc. required to be <br />prOVldad unGer Ihls TrUll Deed and no interesl ,h.1I be payable 10 TruIIOf In <br />r.'PKt t....reol_ Upon dem.nd by Trullee. TruslOf shell_Ult8r 10 T'uI'" luch <br />IddltKmaI luml 01 money II Ire necenlry to mlka up any dellclancy In the <br />amount. ~I"'y 10 enlble T'u.I..IO PI,. .n,. ot U.. 'Ofegalng Ilaml. <br /> <br />r'- <br /> <br />l. ....... LIIM. TrultOf ,hall maka all paymentl of In'''5It and prinCIpII and <br />payment. of an, other charge.. ..... and ..pen... contrected to be paid 100en,. <br />allllUng Uen haklMa 0' prieM benef'Cler.a under any prior Tru.t DMd. Mooaage Of <br />01_ lIKUrlly egteement, ba'ora the data they are delinquent and ;0 pay any olhltl <br />clalm wh&ch jeopM'dIuIi 1M NiCurltr Of&nled ""'eln. <br /> <br />I. PI'IIIIlcIIaa..~......... Shou'd TfUllor 'alllo m.k. any PIyment. <br />..U 10 do 1M, eet .. Nrein prowkted. Of II any ICI~ or pfCx:..djng I. eommenced <br />..,k:ft ......1.11' affect. """klary". Inlernl In lhe Propeny. Including. but nol <br />1&""led to. emlnenl dOmaIn. JnlOlMncy, arrangemenl. Of prOCMdtnga Invotwlng a <br />-...pI or _,, 'han IIonallel.ry or T,u"" bul .UIlou' OIlIlgallon 10 dO eo, <br />and wlthoul nollce 10 0' dem8nd upon Tru.IOf, end wllhout '.....Ine Tru.IOt 'rom <br />any obIialUon ,...,,.... may m.... 01 do lhe aama. and ma~ p.~. pureha... <br />tonl..IOf compromlM any encumbr.nce, charg. 01 U.n. whlch In lhe JudGemenl 01 <br />aUher appear. 10 affec' ..ki Ptopatty; In ...relllng Iny luch powefl lhe <br />_Ilelary or T.uel.. ml, Incu, .n, lIatlllll, .nd ..pend .hal.... .mounla, <br />Including d'abufMmanl. of f..~.bht attorney'. ..... which ,,, lhelr aMoIule <br />dlacreUon, mey be nece...ry. Iff lhe -.enl that TruI'Of thall ran 10 procure <br />'"auranee Of 10 P8Y I..... and apeoclal ......ment. or 10 mali.e any p.ymenl' 10 <br />..I,"ng Of' PfM)( ...,.. hokMft 0' beneUcl.r.... the BenelIClary may plocur. .ut" <br />Inaufanee and rn.Mla l...eh ~ymenl' AlIlJuml IncUfr8d Of ..pended by 8enalk:lasy <br />01 TruI'" In Iccordlrte.e lII'llh lhe pfoo.-Illonl 01 lhl, Trull o-a .f, .ecUliMI".....,.. <br /> <br />I " <br />h. <br />