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<br />88- 103810 <br /> <br />day of <br /> <br />TRUST DEED <br /> <br />,19 RR <br /> <br />THIS TRUST DEED, made this, ! :kh <br />be and between: <br />(A) Kenneth G. Fernau & Meredith <br /> <br />Fernau <br /> <br />and <br /> <br />after called "Trustor" whose mailing address Is <br /> <br />July <br /> <br />HlIsbann P. WiF., <br /> <br />404 3. 19th <br /> <br />. whether OM or more, herein. <br />Grann Tslann, NF. nRROl <br /> <br />(B) <br /> <br />Howard E. Tracy <br /> <br />as "Trustee" whose mailing <br />and <br /> <br />(C) <br /> <br />addr...ls 7u6 West Koenig <br />Northwest ~ational Bank <br /> <br />Grand Islann, NF. hRROl <br /> <br />200R N Wphh Rnan P 0 <br /> <br />ijOY 20~5 <br /> <br />as "Beneficiary" whose malllngaddre.. Is <br />CraRa IslaRB, NE a8802 <br /> <br />WITNESSETH: That Trustor, in consideration of One Doliar ($1,00) and other valuable consideration receipt <br />whereof Is herebv acknowledged, grantG. convevs, sells and warrants to Trustee, In trust, with power of sale. the <br />following described property, situated In Hall County, Nebraska: <br /> <br />Lot Seven (7) and the Westerly Seven (7) Feet of Lot Eight (8), Block Nine <br />(9), in Morris Fifth Addition to the City of Grand Island, Hall County, Nebraska <br /> <br />The Intention being to convey hereby In absolute title In lee simple, Including all the rights of homestead and <br />dower. together with all buildings, fixtures, Improvements and appurtenances thereunto belonging; and all of the <br />foregoing. together with said property are herein referred to as the "Property," <br /> <br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained <br />andthepaymento'theprlnclpalsumof *ten thousand dollars** Dollars ($ *10.000.00* ., <br />.. evidenced by a promissory notfJllbearlng even date at the rates 0' Interest thereon which mav her.aUer be paid <br />or advanced under the terms 0' this Trust Deed; both principal sum and Interest thereon being payable according <br />to term. ..t forth In said promissory note, re'erence to which Is hereby made, at the office 0' the Beneficiary or at <br />such other place.. the holder may designate I" writing, the flna' payment 0' principal and Interest, " not sooner <br />paJd,ahallbedueandpayableonthe 21st day 0' July ,18 93 <br />.as this note may also be extended, renewed or modified in writing <br />Trualor and Beneficiary covenant and agr.. .. followa: <br /> <br />,. ___.,IIIa.'_..-......_oI...."-'.,~_.-'.....OIlO <br />--...--_""'''-'.; ..."-,,.. ,__._ 01_ <br />......,,1 .. .~ e.AIlIM.......... oI.KGtlI. 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