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TRUST DEED <br />87- 102336 <br />THIS TRUST DEED, mach thla__ 1st day of ,19_ B7 <br />be and between: <br />(A) Ronald Ochs,�n r an a <br />whether one or more, herein• <br />after called Trustor whose mailing address Is k5 Venus, Ajda. Nebraska <br />(B) The Legal Profession of Howard Tracv and <br />706 West Koenig, Grand Island Nebraska <br />as "Trustee" whose mailing <br />address Is (C) Northwest National Bank and <br />as 2008 No, Webb Road P.O, Box 2095 Grand Island NE " Egg 02clary " Whose mailing address {s <br />WITNESSETH: That Trustor, in consideration 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 Hall County, Nebraska: <br />Lots Five (5) and Six (6), Argo Fourth Subdivision, 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 Fiftgen <br />a nteollars (S 15 771 OD _ <br />as evidenced by a promissory note bearing even date at t rest 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 Sable according di at <br />such other place as the holder may designate in writing, the final payment of principal and interest, a not sooner <br />paid, shall be due and payable on the 30th day of Marcfl <br />1g 92 <br />Trustor and Beneficiary covenant and agree as follows <br />f. Mtalwy 40 TMs. Taotr M MWbNy aMood N Ma pho MY, N nr <br />wow arMerNy peep err dpesy NM hoyrlT; dte ProPany M Nee aMaew NAMaa <br />sass slid pesslY/aapes esOeP1 mmo eels N MMIlt am Trusty WIN am," ale <br />dahtM dlA dNS p <br />on Properly ache an Tnow and da sucessees sae Mow <br />1MMr, bPasN Me Nslllls N ale Psreohe. Truelor, N Ns Wehee. sum 1 ....ley <br />/raasrM NM fteh N Ylle TAM co" as • Nan uprt 111, true, "Plc" er.,im rrrP b <br />M1eraR1M1aM MdMM♦ M NAM date hsrsol, y1M CaYee dIM Trust Deed. ape pCll <br />affrndrnerft r aslglsa " WAAft M M INad ley recerdad so • mortSW of WA <br />Tape MPem"ossrt— endM—P. she r1N tape erIC1fe aNMna <br />Pe die sNasrl N TttMtda pep M roatNfsd M any Present or future Mw M OMW te <br />aeASbl. Irfalfoaln ape Protect the Hen of this Trust Dead, se the some me, M Nom <br />Wes Is wwasonsrl0ed er&JOPlsrllMl W <br />end N _ ftwaom ape MMaM. Imam hide punctually ley we Principal N, <br />ltaraM p lets darn she ih ft" any often M Mated es IWIMM <br />Ness ape M Ira r1lMM1 PrsvlOw "W.I. Will <br />M he en <br />� h�a %MovMWns N a" Nar ssewNy <br />1 MdrMSS ape rsMlsdslw r fAyry. Truster win not commit any w"M <br />wh Mplpr she Oren, N N same, rhsyssa. MM "me M bead order ape <br />aMMde she NoiNk him tombs N pets, elf '""a fww"4, replacements, <br />MtPalnnsly. r dfrlsNSrohett N &af0 - f mtWNW le M..M wails, <br />QPIMIV. No flrsNMS sASS1sd ttPan die PMPer/y ~ M a l- aad"lMeved eta dsmM'Nshya <br />w111s)M bgnsr w/Nlsll O'OSSrp N MNeNtaay. <br />e. MrssFM MPe11P. M pas N e,M ymgs 10, a dae,hretrorl N, IIM <br />Maesoo IV owl s of IN eels peas a <br />posessobasN IISg11rIMt1 rsPrr, MOW" sad mwm lift AaeM M nearly as <br />swgl sswa/ss auto sfl "Owm M Mwpy' dom yPmPw o, P,..,, Zo <br />wNgaa and aArfeelleM <br />"so mswMMy Mewl f esNle rig es" N wail <br />dlA de,1f6�6 N dasfasM11 1 r1M1 be Imo IM <br />Tasess NIif ftO dNIlls MlklsxNarfes PrMead=WO* dyT —Ift stn achyAs <br />Ma1dsMMlbd saUfsl loos spendad dew Pits Preelstah <br />l *NOUN* UVAW. N Tatter is a erPOMMO N will de an 1Mn4e MpsssrY ro <br />� psPaMbar*I--. npdo ass it a caw mshen of ft saw N <br />l M>"MwMi. Tferr, N M rPedae, Will nlWNatn wNh rnsurero sPPraveO by <br />�. alyarl a allot rosaesl le has IoPMaaMnte end woo" PrpNly. <br />— Players D► dsMdsr awNdi M" by fees. No", MrMed, are, s W erw <br />Ids she AYIMr aerllsM N Age o Ml.enWl1, M en 'me'" g1M1 ro pe <br />ropwow4N low, ewe', aria ntlnr�MMA <br />rr�w strNMlsf 4ssarigsas <br />in wen aoerNN M M ee6aeslrhy, eernsd by exerts. <br />M "Ps" As N Oran fasaw"M sod as NMN&r, mon, 'quite w he <br />Pmesrtert T's~ role "ff" wren Odin Nf1sr mol""M A es <br />Ma" Mr N tells mswM to W Pr—ofth by #Mo . N Me Me <br />reePeetwa ONtMa. AN lnswsnae pOUCI" marntsMed pursuant to this Trust Dead <br />shea no" Trustee am ItensNCMly es Insureds, u their <br />. <br />respeedw Interests wtey <br />OPPGor, and PrOyMs that then aheN M no ,,,u jMWh Or modifkehen %arm" <br />bit— days Prior written nollNcatfon ro Trustee <br />.'. <br />e <br />Shit sorrow <br />Policy rMrsunWr N not reM1sad p or before fifteen days prior 10 I ekpN&tron <br />dais. Trust" a tlaileflclary May procure such Insurance <br />and the cost fhereN MM <br />be added 10 the Wen secured by No True, Dead and shell beer Inwesl N file <br />' <br />pre&w N IM Interest rote specified Ihereln Or the hlphesl 1"1~ rota authorig0 <br />M hen Mw N Ihe &ale of NADrplu. Yrwlr Male ONlver <br />l01te MNcMry Ihe oratpnal <br />PolWlee of Mswenc, one r y"Wo thaadl or memo coples of AMh,PWW and <br />ehewN0 thereof. Failure Io furnish Insurance by Truslor, <br />or renewals as.puked <br />IMreandN shell, at Ihe option of gerMlWlWy. constitute a default. AN u/IONnod <br />Premiums NO hereby sss16ns0 10 Trustee as ader11ohe1 <br />socunty and a Asia alit <br />I "yentas of the Pfp&IY by the Trustee Mall Operate to convoy to IM pwcheser <br />the Trusloi s Interest <br />in and to all policies Of lrrsuranCa upon the True, Properly. <br />7 Tasty ley AaseasoeMe. Truslor shell pay All lases and pectel Asessamenls <br />Ierled or sOSesOad 66210111 a due upon IM Property before <br />delis nty, and tHll <br />deliver 10 NMIIc1Ory cc-plea of receipts shouting payment Of such Van and <br />special asessawnts. II Bwl*f WMIY Shell <br />ee request. Tru lm press 1he1 there Mail <br />be ed"d 10 Aeon Poloolo POYmenl rsqulrad to be made harounow en &mount <br />e&Dm&Md by Trustee to be sufficient to enable Truslor to pay. $ 1eae1 30 days <br />before dNinyuNlcY, all taxes, as"$~Is or other <br />public charges salts, iM <br />Trust PrperlY, IM Nola seCwOd While Trust Deed, w upon "Count of Ihe "M a <br />the lien of this Trust Dead, lopether <br />with promlums ter Inswaece rpybad to be <br />gOrNted under Ihie Trust Deed and no InM.N atoll be peyatus to Truster In <br />respect Ille.01. Upon daToM, DY Trust". Yrusler shelf PNWN to Trustee such <br />adahGnal surne of monsy as are neCeswy to make uP Any deficiency In IM <br />emaNma necessary l0 &Mar, Trust" to PAY enY Of the foi"ORIS Items. <br />IL AdManN IMM, Truslor she" make ale paYmMM of Interest end Principal and <br />perms" N airy other charges. Is", and esPehese COONaNad ro be paid tipsily <br />ulNtng OW he,ders Of Pilot benstWlerles <br />unit& any pna Trual Deod, Malgp, er, <br />other ssewNY apO&mll, before The date they are dNMwaN end ro pay My other <br />1 <br />CNMf a hOPadlaes NM security, NaMOO heron <br />g' P Oft N gMaMM I's 11swM1'. Should Truslor poll to "lake any peyMMl, <br />1 00 do any sot es heroin ProYlded, Of It any OC14M of Proba" IS cNnnrnp0 <br />NrMof taftests salefWlary's Interest M th Mplry, InchWing, wl not <br />1 <br />1'. erte"g9me a er <br />1MnMd Preessism" IhYe" a <br />r daeeeMl�ihen� o' but wlMwt bb ro yf aq <br />OW wnhfail nolfes ro a demo . a If Tru fide, <br />any Obllgalfon he ounow, TOY make or do the same, OMB <br />MAY V. Veronese, <br />NMer O1 compnerMee olry NtwMerance, Ch&N a teen, which in the Wdeff" l N <br />appears W affect Gold P.psrty. In <br />es &clang sly such powers Ihe <br />(NnefatW a /melee mor M— ape, Newly and e■p,rld whatever OoourM, <br />maltldNlg M Io N reasonable Nlorney's lees, efth M the" <br />A- <br />1dMbw" <br />&MOWN <br />alesrerldn, MAY be noceesary. M IM ex&N Wall Treeror ante let I* <br />Y <br />AISWMes a to NAT Mahe. and "mow "" NMMe Sr .mesa MY powwAmo Isle <br />Oswog & Pair Mn hakhn a baNfWMnp. Ihe ftnot <br />" May peoeere such <br />~or" end mass such 6eYMsn O AN cuss Incurred a expenses by Mee/ictery <br />W Trusts in "As"AanCS With me PrtwMNms 04 Inid True, <br />Dead OtO escurod heroby <br />