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<br />I
<br />
<br />DEED OF TRUST
<br />
<br />88- 102035
<br />
<br />THIS DEED OF TRUST, is made as of the c~/...:b'r day of l\pril
<br />19 8"8 by and among
<br />
<br />
<br />-------------JANETIA MEYER, single,------------------------_________
<br />
<br />whose mailing address is
<br />
<br />109 Wedgewood Drive
<br />Grand Island, Nebraska 68801
<br />
<br />("Trustor"),
<br />
<br />-----------DUANE A. BURNS------------------------------r'Trustee"),
<br />whose mailing address is
<br />
<br />306 Norwest Bank Building
<br />P.O. Box 2300
<br />Grand Island, Nebraska 68802
<br />and----------NIDA A. GANOW-------------------------- ("Beneficiary"),
<br />whose mailing address is
<br />2204 W. North Front St.
<br />Grand Island, Nebraska 68803
<br />
<br />, FOR VALUABLE CONSIDERATION, LT.Ustor irrevocably transfers, con-
<br />veys, and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the
<br />benefit and security of Beneficiary, under and subject to the terms
<br />and conditions of this Deed of Trust, the real property located in
<br />the City of Grand Island , County of Hall ,
<br />State of Nebraska, and legally described as fol1mo1s (the "Property"):
<br />
<br />Lot Twenty-four (24) and the West Half (W~) of Lot Twenty-
<br />three (23) of Roush Pleasantvil1e Terrace Subdivision, a
<br />Subdivision of Lots 20, 21, and the West 313.0 Feet of
<br />r.ot 30, Matthew's Subdivision, and part of the Northwest
<br />Quarter (NW~) of Section Twenty-seven (27), Township
<br />Eleven (11) North, Range Nine (9), West of the 6th P.M.,
<br />Hall County, Nebraska.
<br />
<br />ANY SALE OR TRANSFER BY THE TRUSTOR OF OWNERSHIP TO THE ABOVE-
<br />DESCRIBED REAL ESTATE SHALL CAUSE THE ENTIRE AMOUNT OF UNPAID PRINCIPAL
<br />AND BALANCE TO BE DUE FORTm~ITH.
<br />
<br />TOGETHER \-111'1-1, all rents, easements, appurtendnces, heredita-
<br />ments, interests in adjoining roads, streets and alleys, improvements
<br />and buildings of any kind situated thereon and all personal property
<br />that may be or hereafter become an integral part of such bui ldings
<br />and improvements.
<br />
<br />The Property and the entire estate and interest conveyed to
<br />the Trustee are referred to collectively as the "Trust Estate".
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />a. Payment of indebtedness in the total principal amount of
<br />.$ ~---9.500~OO---~-, with interest thereon, as evidenced by that
<br />certain promissory note of even date. (the "Note") lvi th a maturi ty
<br />date of February 18, 2002 , executed by Trustor, Wllich
<br />has been delivered and is payable to the order of Beneficiary, and
<br />which by this referel1ce is hereby made a part hereof 1 and any and
<br />all modifications, extensions and renelo1a1s thereof, and
<br />
<br />b. Payment of all sums advanced by Beneficiary to protect the
<br />Trust,Est8te, with interest thereon at the rate of 9 percent
<br />pel: annum.
<br />
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