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<br />88-102460
<br />
<br />13th
<br />
<br />day of
<br />
<br />TRUST DEED
<br />
<br />MAY
<br />
<br />,19 88
<br />
<br />THIS TRUST DEED, made this
<br />be and hetween:
<br />(A) Timothy A Jakubowski, a single person
<br />
<br />, whether one or more, herein-
<br />3205 N. Webb ROAd GrAnd T~lAnd, NF. 6RRO~
<br />
<br />after called "Trustor" whose mailing address Is
<br />
<br />and
<br />
<br />(8) Howard E. Tracv, Attorney
<br />
<br />address Is 706 W. Koeni g. Grand IslAnd, NF.
<br />(C) Northwest National Bank
<br />
<br />2008 N. Webb Road. Grand Island, NE 68803
<br />
<br />as "Trustee" whose mailing
<br />fiRROl and
<br />
<br />as "Beneficiary" whose mailing at<f:;~:::e
<br />
<br />WITNESSETH: That Trustor, In r.onslderatlon of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof Is hereby acknowledged, granta, conveys, f)alls and warrants to Trustee, In trust, with power of sale, the
<br />following dGScrlbed property, situated In Hall County, Nebraska:
<br />
<br />Lots one (1) and two (2), in Lawton Subdivision to the City of Grand Island,
<br />Hall County Nebraska
<br />
<br />The Intention being to convey hereby In absolute title In tee simple, including all the rlgllts of homestead and
<br />dower. together with aU buildings, fixtures. Improvements and appurtenances thereunto belongIng; and aU of the
<br />foregoing, together with said property are herein referred to as the "Property."
<br />
<br />FOR THE PURPOSE OF SECURING performance at each agreement and covenant of Trustor herein contatned
<br />andlhepaymentoftheprlnclpalsumof thirty thousand & no/HXDollars(S 30,000.00 ).
<br />.. evlclenctld by . promissory noteNbearlng evan date at the rates of Intarest thereon which may hereafter be paid
<br />or .manced under Ih. terms of this Trust Deed; both principal sum and Interest thereon being 5=ayable according
<br />to terms..t forth In .ald promls.ory note, reference to which Is hereby made. at the office of tM Beneflcla\'Y or at
<br />.uch otMr place a. the holder may designate In writing, the final payment of principal and Interest, If not aooner
<br />paid. lhall be due and payabl. on the 13th day of Mav ... 3)08
<br />*and as this note may be extended, renewed or modified in writing.
<br />Trullor and Slneflclary covenant and agree as followa:
<br />
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<br />,.....ta__.--.,.ad.
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<br />lIa... TN......._......,....,_-..______
<br />... _ '0 tlIo _ __ '" 1l1li TNlI OIeIlI""_ _ _ 11_
<br />_.. 01 tlIo _, '''0 _"...."".... 00 1111I\IIIIIII_.......__
<br />"'1.......01'''''.....01_ T....loo_u_.o__..........
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<br />........1...0.. FeU",. 10 lu"''''' InltUlMC8 by TfUI'., or ........ . 1'IICtfoI1f~
<br />...._ ....". .1 tllo OIlllon 01 _11<:1..,. ""01'1." I ..._, M _
<br />~ufM lit. ,*6by 111ft'*' to t,u.'" ... .oatt~ MCufftJI ... . .... .aMI
<br />
<br />~;:~:::.~~:::::.: ::~~~~~:-oI~~~=t::.~ ~.:::--
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<br />7. 'I." afMI AI........,.. T'uI'o. .,..11 p'r In .."a. Ind lIPKil' ........oonent.
<br />.."tea or .....Nd &;at"" Of due upon ,.. Pfopert, be''" OIU~cr. and Win
<br />c>>U"a, to "naUe'a" <<Pi" 0' tKI1.p1l Ihoalne "rment of I\C'- 1._0 enel
<br />1.111.,ullman... IIleneUcl.ry lhaIlIOtIlqU..t. 'tuIU... -erlill ''*' .....hI'f1
<br />III _ 10 lleft PlIIOCII<: p.ymanl roqulred to III "'lIdO ""...._ on _""""'I
<br />..lIma'leI b)' Tru.l.. 10 be luUtcl,nt '0 .nabll "1.11101 10 PlY. It ..... >>_...
<br />blICK' dlUnqulncy, all ,..... a"'ltlNnt. Of olhe, pubUc tl\atQN aealnlt 'M
<br />,'u.. "~rtW'.lhII Hale IKurld b,. ~"'l' Tru.. DHd. 01 upon account 01 t"'~' Of
<br />'h. U.n 01 thll T'ual 0Md. IDgIIlhII, wll" premium, 'Of tna"'lnc. 'fectu"e4 '0 be
<br />p.awlded under "UI flu.' DHd IncJ no ,n1..... 1"1" bit PI,ell '0 ltuatOf 4ft
<br />flapKl 1hereat upon demlncl by TruI'H. T.uIIOt' ''''Ill ..II.... '0 TrullN .utt'l
<br />addition.' .um. 01 money.. .r. n.c.....~ 10 tn." up In, defiCiency ~n 1M
<br />.mount. nK"II'~ to .nl"" 1'1.1.1.. to p.. -"r of the torlltDtna 111m.
<br />.. ........ "'..... "1.11101 Ihlll ml"l .11 plirmant. 0' 1M.,.., and ptlncl$)al and
<br />PI,_II 0' III, ...... .111'1111, 'M" .neI..__ conl'le.od 10 III 0IIk11"'''',
<br />..,.!4ng tMn hokIert Of prior ,*",lIcl,,'" under any prior Trul' 0Md. ..011.... Of
<br />at"'" _VI", ..._1, """'1/11 dill '''''' .....MIMI_I.nella PI, I'" 01""
<br />.lIIm ""'hIOOllatdllH''''' _u'I', tIllI\I"" ......n.
<br />.. ..-...... -..,.1 -.." 8ftauld T'u..a, 1111 10 "'... on, 110m-I.
<br />till 10 do ony ... M ........ __. 01 If In, lellon 01 proc-..g 10 com.....-
<br />wltlch ........11' "'1aC1I _'lcllry'. In''''"1 In 1111 "'-1" loe"""",. ..., no.
<br />"nil'''' 10, __ _II. In"",-. .rrano-.... _ In_lnt_
<br />_,upl 00 doaorlIIl', 1_ .....'lcl.., 01 T"".M bul.llhoul oIlIIDIl.... 10""'"
<br />.nd wllhoul _10 Of ......... upon TlUllor, """ .llhou. ._.. T"'atOllfOlll
<br />.n, obl/flllllon __. ...., m.U 01 do ,... _, .nIl ...y Pi,. l'VI<lII'"
<br />con,..' or CDlnPfOtNN .n"lInCumbrlnce, chlr.. Of t*,o wtttch tn _h11I~' o'
<br />.11..... IPPDI. to aUeel ..Id f'foptfty; In ....el.'no In" 1uth ~ ,....
<br />tbnIflcll'" Dr Truel.. m.y Incu. IIn~ lI.blllt~ Ind l.pI:ftCJ what....... amount..
<br />Including dttbU.........n'. d. 'aaonabtlt .UmMy" ,..., ","'Ieh In .Mltl ~,.
<br />dlacreUon. tit.., . MCHIaIl'- ." tht -...en, 'hf' t'UII(llf' .,.,.n '''u to ptOCUN
<br />"'aUf'nu GoII ! ~ ..~ ....... 10M 1tpK1.1 ......~,. Of '0 mek. ."'f "'f'meftl. 16
<br />....,.lIng 0. p,to. ,..... JwM6e,t1 01 befMllcl.'.... ... hnefk:J.,., ma.. IW~U" kJIC"
<br />~'u'.nc. and m.... luCft ~,"""I' AU turn. '"tv'''''' (H ..I)tf\ded bt ......tlclMW
<br />Of I'ul!lt.. In HC:OId.nc:. .lIh I,. pu"llIonl or 'hi. hUll o.eo .,.. ..ur<<a ....".,.
<br />
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