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<br />88- 103869
<br />
<br />DEED OF TRUST
<br />(Open End S~nqle Note)
<br />
<br />This Deed of Trust is made this ~ day of July
<br />19~8, by and among James H. Truell and Marsha K. Truell. Husband FInn
<br />Wife ' here1nafter referred to as
<br />"Trustor," whose mal.ll.ng address is p n Rnv Itt;? r::~~~o;l h:laR8. rJe.
<br />1 111"'c""~ 0 aaa.Eilt
<br />Attorney at Law, herel.nafter referre to as "Trustee," whose
<br />mailing address is p n ,,~V 71il~ Grand Island. Nebr""'''FI
<br />and HOME FEDERAL SAVINGS AND OAN ASSOCIATION OF GRAND ISLAND,
<br />hereinafter referred to as "Beneficiary," whose mailing address
<br />is P. O. Box 1009, Grand Island, Nebraska 6aa02.
<br />
<br />For valuable consideration, Trustor irrevocably grants,
<br />transfers, conveys and assigns to Trustee, in truEt, with power
<br />of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the
<br />following-described property, located in HFI] 1 County,
<br />Nebraska, to-wit:
<br />
<br />Lot Five (5). 8lock ThIn (;:>) 111",,+ ",,1 n;~ J'gyrth
<br />Addition to the [itv nf ~r~nrl T~l~~~ U~]l r?, -t~ p
<br />Nebra"""
<br />
<br />together with all buildings, improvements, fixtures, streets,
<br />alleys, passageways, easements, rights, privileges and appurte-
<br />nances located thereon or in any way pertaining thereto, and the
<br />rents, issues, profits, reversions and the remainders thereof,
<br />including all such personal property that is attached to the
<br />improvements 80 as to constl.tute a fixture, all of which,
<br />including replacements and additions thereto, are hereby declared
<br />to be a part of the real estate conveyed in trust hereby, it
<br />being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property."
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />(a) the payment of personal indebtedness owing
<br />from Trustor to Beneficiary. as evidenced by a
<br />Promissory Note of even date herewith in the original
<br />principal amount of Twe]\Ie Thn.."..nrl .."rl ~Q,I''fl
<br />---------------------------------------- - 12.000. DO ):
<br />
<br />(b) the payment of interest at the rate or rates
<br />provided in the afore-described note and the payment of
<br />both principal and interest on any and all renewals.
<br />modifications and extensions of such notes:
<br />
<br />(c) the payment of principal and interest on any
<br />future advance as may be evidenced by promissory notes
<br />stating they are secured by this Deed of Trust: provided.
<br />however, that the total principal indebtedness, not
<br />including sums advanced to protect the security or
<br />interest accrued, shall not exceed the sum of
<br />Twelve Thousann Flnrl nn/1nn____ ($1;:> nnn nn ) :
<br />
<br />Cd) the performance of each agreement and
<br />covenant of Trustor herein contained: and
<br />
<br />(e) the payment of any sum or sums of money which
<br />may be hereafter paid or advanced by Beneficiary under
<br />
<br />-1-
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