$/— 103082
<br />TRUST DEED
<br />THIS TRUBT DEED, made this 28th day of May 19 87
<br />be and
<br />e" ,
<br />ewes J. Arndt &Jeraldine K. Arndt, Husband &wife
<br />r, whether one or more, heroin-
<br />after COMM "Trustor" whose mailing address Is taoPrnarh n`ev`i Tglanriy
<br />The gal Professional Cor and
<br />� _ poration of Howard E Tracy
<br />as "Trustee" whose mailing
<br />addrNe Is ZM w_ rat,; K+—=- -grad, - Nebr-as {ea and
<br />(C) Northwest National k
<br />X. Webb Road P.O. Box 2095, Grand Island Ne 68802 netloiary" whose mailing address Is
<br />,
<br />VATNESSETH: That Trustor, in consideration of One Dollar (81.00) and other valuable consideration receipt
<br />14 hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the
<br />following described property, situated in Hall
<br />County, Nebraska:
<br />Lot Three (3), Coach Place Subdivision, in the city of Grand Island,
<br />Hall County, Nebraska
<br />The Intention being to convey hereby In absolute title In fee simple, including ail the rights of homestead and
<br />dower, together with all buildings, fixtures, Improvernents and appurtenances thereunto belonging; and all of the
<br />foripoing, together with sold 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 />OW the payment of the principal sum of Sixty Thousand Eight fisbdr'ed Dollars (S 60.800.00 ),
<br />se evidenced by a Promissory note bearing awn date at the rates of Interest thereon which may hereafter be paid
<br />of advanced undo the tams of this Trust Deed; both principal sum and interest thereon being payable according
<br />10 terms set forth In said promissory note, reference to which Is hereby made, at the office of the Beneficiary or at
<br />such other pleee as the holder may designate In writing, the final payment of principal and interest, If not sooner
<br />Bald, shall be due and payable on the 28th day of ___ Mery
<br />,1D_90 ,
<br />Trustor and Seneficlary covenant and agree as follows:
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