<br />88- 102899
<br />
<br />..;
<br />
<br />THiS TRU$T DEED, made this
<br />be and between:
<br />(A) EdlZar A. Powell and Betty
<br />
<br />3rd
<br />
<br />day of
<br />
<br />TRUST DEED
<br />
<br />,19 88
<br />
<br />June
<br />
<br />A. Powell, Hm:hAncl Ann Wi f",
<br />
<br />l130 N. Howard
<br />
<br />, whether one or more, heleln-
<br />Grand Island. NE 68803
<br />
<br />after called "Trustor" whose mailing address Is
<br />
<br />and
<br />
<br />(8)
<br />
<br />Howard E. TrQcy
<br />
<br />f.AAnl
<br />
<br />as "Trustee" whose mailing
<br />and
<br />
<br />GrAnd r~lancl, NF
<br />
<br />(C)
<br />
<br />addreslls 706 W. Koeniw
<br />Northwe~t National Rank
<br />
<br />2008 N. Webb Road.
<br />
<br />P.O. Box 20Q')
<br />
<br />as "Beneficiary" whose maUlng eddre..11
<br />Grand T~lRncl, NF. h~~n2
<br />
<br />WITNESSETH: That Trustor, In consideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof Is hereby acknowledged. granta,. cOhveys, sells and warrants to Trustee, in trust, with power at sale, the
<br />following described property, situated In Ha 11 County, Nebraska:
<br />
<br />N38' of Lot #2 (two) and the S32' of Lot #3 (three), Block 7 (Seven), West
<br />Park Addition to the City of Grand Island, Hall County Nebraska
<br />
<br />The Intenllon being 10 convey hereby In absolute title In fee simple, Including all the rights of homestead and
<br />dower, together with all buildings, fixtures, Improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property."
<br />
<br />FOR THE PURPOSE OF SECURING pelI~m~oJ ~Ch m=ent and covenant of Trustor herein contained
<br />and the payment of the principal sum or tw Qoll~ & 0i\!1rl) Dollars ($ 5.702.09 ),
<br />n evidenced by a promissory not~rlng even date at the rates of Interest thereon which may hereafter be paid
<br />or advanced under the terma of this Tru.t Deed; bolh principal sum and Interelt thereon being payable according
<br />to term. ..t forth In said promissory note, ref.rence to which II hereby made, at the office 0' the Beneficiary or at
<br />such other place aa Ihe holder may dealgnate In writing, the flna' payment of principal and Interest, If not looner
<br />paId,lhall be due and payable on the 3r d day of June , 19 92
<br />*and as this note may be extended, renewed or modified in writing.
<br />Trustor and Beneficiary covenanl and a;r.. .. 'ollowa:
<br />
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<br />twt..,no. .ball. &. lfte opuon 01 ~llCtary. conltlt".. . CMfIld'- AI ~
<br />~. .,. ,..,., .""'*' 10 Trvstee .. iNdJllonal MCllnt, tw'IIlI . ... iMd
<br />'P"..,..OCII ollhll Pfopenr by the T "'I'" ehall ~.I. 10 CCJnWiif ID I"~
<br />the f''UeIOf". In....1 an aftClIlD aU polK.. c;d Inl"fllftCe VtxJft t"- T"'ll~.
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<br />daliwet 10 """ic:1&1l' lCqIiH of ~t. IIftOwlnQ .r..,..,t of auctI ,.... and
<br />Ip<<Jal.,MHmtInll If --"<.I..,.,.,..U -.0 ,__unt, T""'IOt "9'NI 11'\1111.... 'Plah
<br />be aCIOed 10 Mct'l ~fOOk: D~rNn' '..uti.., 10 be II\edII -.,..,.,. aft amount
<br />..lln\Ikld by T,uI'" 10 be .uffkiM' 10 InIbtI l,ullOll0 pa,. I' ....1 30 il!AIyI
<br />r.'orl ~~nQUllnc.. all 'a.... ......men.. Of OIhe. !PublIC: tNltgM; .pln.1 'he
<br />T'ull p,ope>rt,. 1M Not. lee urea br ."11 T'uI' Deed. Of upon account of ItMl 0Itb1 ()I'
<br />lhe U'II 01 UUI l'uSlI 0..0, tog.llwf .1'" pr.mlums '01 I"aut.nee reQuIred 10 be
<br />plowtdeCI ~noef Ihll T,ual o.d end no Inllltl." ,hIli be p,a,ab&e 10 ,.fl.....,O' ,n
<br />relPlCt !N1'eo' Upon cJetNin4 b, Tr.u.'l'''. f'UIIOI aNIU""", 10 trYI'" .U'C.f\
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<br />amount. neetI.u,. 10""'" "UI'" ~o P'" .n, 0'11'" '0f'IJI0tftG 11.......
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