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<br />TRUST DEED 87- 101763
<br />THIS TRUST DEED, made this1st_______day of April
<br />be and between:
<br />(A) Lyle Edward Richards & Susan C. Richards, Husband & Wife
<br />Ravmond J. O'Connor & Jennifer S. O'Connor. Husband & Wife whether one or more,hereln-
<br />after called "Trustor" whose mailing address Is
<br />and
<br />(la) The Legal Professional Corocra ion of Howard F_ Trary
<br />as "Trustee" whose mailing
<br />address is 706 W. Koenig, Grand Island Nebraska and
<br />(C) Northwest National Bank
<br />as "Beneficiary" whose mailing address is
<br />2008 N. Webb Road_ Crqnci Tsland, Nahracira hRRfA - --
<br />WITNESSETH: That Trustor, inconsideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the
<br />following described property, situated in Hal 1 County, Nebraska:
<br />Lot One (1), Except the South One Hundred
<br />Seventy Five and Six Tenths (175.6) Feet
<br />thereof in Bachman & Lesters Subdivision
<br />of Hall County, :Nebraska
<br />The intention being to 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 />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum of Si Yt y Thrace Thnalca-r; Dollars (S ci3 Ci( -00 I.
<br />as evidenced by a promissory note bearing even date at the rates of interest thereon which may hereafter be paid
<br />or advanced under the terms of this Trust Deed; both principal sum and interest thereon being payable according
<br />to terms set forth In said promissory note, reference to which is hereby made, at the office of the Beneficiary or at
<br />such other place as the holder may designate in writing, the final payment of principal and interest, if not sooner
<br />paid, shall be due and payable on the ist day of Apr 11992
<br />Trustor and Beneficiary covenant and agree as follows:
<br />t
<br />Rlanh rte to n oho N l Tr the •raed i, inn Pro ory, n half good riQn1 Nld
<br />NW.YI auCn«dy to sNl acrd Comfy ens Propany, 1M PrOpany, r4, tent silo chat o/
<br />+asoact:ra Par.— Al' rnautaltra lah-,ao maur,a,nad Pursuant In_ i,ts 1 real Da"
<br />3
<br />4,N
<br />n4,11i illd sncumbtarrua at"1 trans row of record: a" Trull« ant
<br />ahai nahta Tnal ar, tr.p "not toot, a .nil,, ooa. a Thar, nApKiM rrtlorgv racy
<br />warrant and
<br />tlaftno fh r May to tIN I mParly unto the Tfutl" and rte wccaaaof a and aaarQnt
<br />tom, A=— it—lia Thai thall ahi5 pt no —tn— or mn«IiGiWr1 rlfhy(
<br />!ntaa±f
<br />_
<br />f«trar, aQalhal tiro C:atma Of an arsons Trustor, al to aaponaa, Will rta pia' and
<br />dye I-- a htan nnnruion la Trbano arrd Ba/rt.asry, in IM a,Vit orrY
<br />protara IM 114,11 OI Inra T,ua1 Data q • Ilan upon ifN Truai Praparly a btal t «fry to
<br />a11GiaibrUlcN
<br />OOUny —arnWr n not +tera.vap on or bar«a "t an days error F0 its aaWrat-
<br />data, TruaNa « l3anahaary mar WaCOfo aeon maW.lnca step tM GOaf ItNlt«
<br />txlatMQ a W t!M aoN lrtfaot, -111 caua In,. Ttuat otad, ono aKn
<br />of a"OhNhl W wPpismant thara10. 10 M Who no -.rdW
<br />PINY
<br />a aodad 10 oho sail aKUr/la by ihq Trost Dead ono anaii oes, mithea: air iY
<br />an A —. not a of The
<br />Twit PT-WY A Cn plta. 4, nd rtii
<br />ar4
<br />' 6w1111pp'
<br />d M aaaul tod d
<br />i M
<br />Q lcaOOp laNhp«a
<br />QppehtCbrp r mu, laontCN
<br />uO
<br />ew.
<br />Opinion M Trusts 1 he raq.1I Any Oration, « {nw In «oto
<br />utuft tl
<br />Sul.
<br />it, te ar 1.4 Aa rust« ansiM t0 Yantc,►YtM p.Qyl
<br />fit
<br />—nln A, Ot-1 [[b of ito Trust Dnd. no W lm
<br />NT
<br />arany d taaDrNurtai" N imrom « rrh rerltro crhatya
<br />d .na a i as OM: oiut Gr
<br />tim4, t0 T: ad « ro , o lm tt "
<br />rra lnttn u — by T,—., « .14, q i
<br />rwwwana+i At :I,4, pp,— d 8onaflc'try, cOnstnuto a dkauit Ali urraarnad
<br />2. PA riDMlt of Int taNni4 Trustor snail punctuil!Y Pay it. priTicrpai 01.
<br />Orem+„rtea us M+aO, a —gmal, 10 Tfuala as addnrolNi as U—ty and a sale and
<br />bb Inlofgl On, q1! WOmtttory nON incf ldt fnaraW of Wwidad
<br />lilts of trte Pr Mo. 10 con
<br />rnoT oW +ir �Y ten TrustOt anon M/ I. t!M pW Nsiar
<br />Ina Trub!«
<br />tr/tin an tha data aTld of U4, PnCa a" M M manMranGla
<br />WOVIdaa IT-- and ,al
<br />3 rntaraat rn AM to all Pob�'p of anauti'4. upon tea Trim PmWty-
<br />pOncfualiY poAOrm 4,(t aQro"Nn[a, CCnd1ie01ra a. d P_.,OM oI any ofhtr sK IrIY
<br />} ToAq aaa aas"al.enn, Trus}W
<br />rMiNIMm QIYMI In cOMNCIIOn Wlh IMa tt"aptlOn
<br />shat pay if1 saes 4,110 spec +at at1YaA'rrett
<br />bared « asaoaaaa'a", iI 4,r ow upon 11. Property
<br />3. pro„ -W aiattutn«roo W htptrly. Trustor r111 not Gammi! oily
<br />bolos atllndutM1CT- an,2 red
<br />dau— to sane'. +rare c.P— a ,aq+WS ah—lr.9 paymanl of such tasq Till
<br />wain
<br />opofl iha NOPWY and 'silt. 4,1 an IInNa, maintain tno uma In 9004 «dar and
<br />U—I. —Tio beta a 6ano!,c,a snau 4,o r low"a that tnera anon
<br />-it t". and Wln tnoaa, Iron iH,ra to iMN, nil rtpaln, /4,frorala, faD!KOrMma.
<br />be sddaa to qcn parmd.c „'.1'4,111 repur.ed In 0. 'P. no, 100ar an amwnf
<br />Mimi= attd imWiAahrfirta rntcn an roasOMb1Y 1aQuu" I4, W.—I rata.
<br />alimal" Dr T—ta ID ba tullictanl to -11Th!! Trust« to pay at taaf 3r "To
<br />"hiranmalrl, «di/ari«ail0/t Of Mb WOpant, No budding or In%WOrartlant nlyor «
<br />Dill «f dsi,nowncr ac naaa. a-Tio nanff «Gins. Pbbl,c charpal aQarnst ten
<br />Trust Properly,
<br />rrMafnr upon tna tr alai W a11M ", tIM10YKr « mronan"
<br />1ne Rota sac wad Dy 'nn Trust OW. nr upon account of Ina W01 «
<br />n4, nee -..al
<br />.powd
<br />r{IIWi: t "pTgr rrttl"COnani of f3aMikNry.
<br />arif.1
<br />ill tb.a T, Daad iogarfa, r,in p,am,ums I« rnswAnca r"Ylrb To na
<br />_ _ _ _ _ _
<br />A Calllap 4l"raPUTY• In Cad of any da/MQa 10, or dalruclrOn ill, IM ihr,ldifY,a.
<br />_ __ ___ __
<br />_ __ :!-ad __ _
<br />� _ ;- tsrbs: 1.naFi it °vaYY a to TNSt« +n
<br />sal— mars« Upon demano ty Truatae. Tryst« shall aptt,ar t0 Tryst" wcn
<br />IhrDTO+amamli «pa,aOrtaf WOyartr corN111ultnif part of Iha Trust Pwparty, rfIa111M
<br />addlf—.1 Sums O! mono; as re nanefaar, tO Mska up any anhc,ancy rn I" -
<br />Talon 10" 10 cOMrad by 1lnila11Ga W «Mna s4,, Trualm, of fit " Goal and
<br />Anaiurtto rtaufar, to anaWe I I.Siq W Pay any ,l Ina t «aQonrQ
<br />*-Wa, rill ITIO'nplly I"1 «t. 100-0, rpNCa 4,M nbiild IM tatho as early of
<br />WKIIC4,01a 10 Its coMnbn i/nmadlalNY Willi t0 orKh gmalla «QaltuCtl«I ii, with
<br />a Additional Lb— Trua1« snail matt Vt paym"N OI MIMalt and WMCipal 4,M
<br />""h dnthQOi a" alipallOno a TTitlOr aNY 44th appfoWlala Wwroad such
<br />.a' hurls sill Cl —,Tb, and COhhKlaO t0 a paid IP
<br />phaT,Qaa and WaaigM tb not mal«WM :ado" la ralw t" inury, of wcn
<br />is r
<br />a a h TTIT -
<br />rs « Dr+« * nd. Any
<br />wrdor any Wt« Trust D Non of
<br />«har QaQa «
<br />blr1t01npa, 1lipfpra.lraTtt4, sht, 1Wa«Nlity from that oaloltnQ lmn,ad Wi, prbr la
<br />aKUrl
<br />r Wi y age lwe i "to
<br />apr"rlr"i, WI «a ins 114,14, tnoy ate aNlndrWlt salt to ofY any «nsr
<br />.
<br />Clan
<br />oYCh QdhoQt « d"Ifflation. Trial« omit " Mnfilod l0 tMh10,u"mani NOM i"
<br />rhfC11„
<br />faOpaTdia" it. at 111, 91"1" 1-
<br />Tt"I t to Itlt af"t of Iha hol Inaur.ho o p ooa "4, ,aooIY" by Thrift", but O'1ty W
<br />iht af"/ 011"0 Klioi Mull gpaltd" veldt, thN waion.
<br />pr
<br />9. ►nNad" of �a11N1Na ltgMly. Truce« fair to maA4, any Daym"t
<br />..
<br />ph
<br />ion 10 4,0 MT Kt q nerai,t World". « If any KIIOn Or WocaaWrq N c«IrrrraltGw3
<br />It any
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<br />7. CarpanN T+Ilaat. If Trull« N • C«p«a1Wn, 11 rill tto UI inin A ,
<br />Q "qrY t0
<br />its
<br />rnitlt malaMtly atIKN Borralkwry hiofatl In Iho PMWty, irrtl "MQ, but not
<br />Pmn" 10, n InwhMiCy, ohanQMNnN w -o"MQs MYOh
<br />t1
<br />pfttorve C«p«tilt oaNtonce. 1 Mootfd N1
<br />W W lapoa under IM Iar4, W iM t1aN Of
<br />Ita MC«p«otf
<br />W -V a
<br />pool tf So_
<br />battkrlrpl « daco"M, 1Mn BarNficlary « Trost" oil rNhwi oblpalron to W
<br />Wt.
<br />4,o,
<br />ono althOUl noou 10 « tltllltn0 up«i Trial«, atd wIlhwt TaNOwq Truss« f tom
<br />-
<br />tr Treat «, of tut Iapaerw, well miinNln with ,nawOra
<br />lily oWIQAlron hall—W. may mqa « do It. —. and TINY Pal. W.Mhata.
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<br />`1t-oY,r-awr.
<br />�onaNUMy, Inol ff— rnh r qWn., by
<br />tifit fo imWwomanir and pata"N
<br />DonNtl «hits'. NN 4,111 ancumOftnpa, Gharpa W lia/4 rniGh m IM (udQ"WII ill
<br />C«Nidui Tht Pv Y
<br />irQ Op— 1 T
<br />rwa DY fin, IIQnMIrtQ, fmnaod, MW WtNr parlor
<br />at M,
<br />a11Mr a to allac� old PrDltany. In assrcf .TtQ any { «n porva IM
<br />BMalicnry TlwlM
<br />fapatrral
<br />CwW" DY Nandaro anaMad a anaOraarMni, In arhUPM ad 10 at
<br />ry .
<br />w s, Inner any hablliiy, slid Puna rnalawr amounla.
<br />PKfW1nQ d!abW
<br />n. ll,, In
<br />lafal Ona n.rrrOr" parlorrl d IN Ib11 rtplocMMn1 IIWt«. 4,M 1haWaM#
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<br />—.to of - -ifb.a a1i«hay,a f"o. whrch In tnalr atio m.
<br />plapratMn-
<br />aQoMil wcn.Mesa ryaYW ant., —" .—I as r. Ccal«nartly..n d by ltr"ra
<br />m.y W naDaagry Ih Ina —1 that T,wl« tnop I- to
<br />MWranu iP IP
<br />~
<br />am npwNn+A W allow- Woperlroa and as Yvnc�lary may r"wn 1« Its
<br />« Dar tsar, {n4, ApacNl aagaomanla « ID nraAO MY gruiann
<br />arnlnp
<br />rah
<br />WWeG1Mn rrual« run tAmPq Inn aw:h of'— .a0urlahM'. a Yonarrc —y ma,
<br />w W,or — no+aan o. banaft�iw NS tna 111 -wKw i,'AY Wocun wen
<br />Mwranu rfraaa
<br />hall, to r.hla a ey+nii IN tiro WniKit Wr try N.Atr /aru.a of IM MIWNI ill Ilea
<br />afro ouch Ptxrnenla All {um{ �ncwrad tv ArpartdAd by YarNlrerA+y
<br />q I.uatY
<br />iw AccndMra r.ln IM WOrluorq ill in.{ 1-1 0—ara {4,i u +" 11«06,
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