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°® OF TRUE 87- 104211
<br />THIS D OF IMST, made on this / S day of J i4 1987, by and
<br />among JANE E. mm and aiwim J. §IYDER, husband aM5 wife, whose mailing
<br />address is 2520 Chanticleer, Grand Island, NE 68801, ( "Trustor "); TYOOR TITLE
<br />CO., whose mailing address is 106 West 11th Street, Smite 1450,
<br />Kansas City, NO 64105, ( "Trustee "); and W J R, INC., whose mailing address is
<br />3660 Vleadowarettst Drive, Las Vegas, W 89121, ( "Beneficiary ") .
<br />POR VALUABLE ODMIDERATION, Trustor irrevocably transfers, conveys and
<br />assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security
<br />of Beneficiary, under and subject to the terns and conditions of this Deed of
<br />Trust, the real property, located in the City of Grand Island, County of Hall,
<br />State of Nebraska, and described as follows, (the "Property ") to-wit:
<br />The North Half of Lot One (1), Block One Hundred Twenty -Three
<br />(123), in Union Pacific Second Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments,
<br />interests in adjoining roads, streets and alleys, improvements and buildings of
<br />any kind situated thereon and all personal property that may be or hereafter
<br />became an integral part of such buildings and improvements, all crops raised
<br />thereon, and all water rights.
<br />The property and the entire estate and interest conveyed to the Trustee
<br />are referred to collectively as the "Trust Estate ".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of Sixteen
<br />Thousand Dollars ($16,000.00) with interest thereon, as evidenced by that
<br />certain Trust Deed Note of even date (the "Note ") with a maturity date of
<br />August 1, 1992, executed by Trustor, which has been delivered and is payable to
<br />the order of Beneficiary and which by this reference is hereby made a part
<br />hereof, and any and all modifications, extensions and renewals thereof, and
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust
<br />Estate, with interest thereon at the rate of Ten and one -half percent (10 1/2 %)
<br />per annum.
<br />This Deed of Trust, the Note, and any other instrument given to evidence
<br />or further secure the payment and performance of any obligation secured hereby
<br />are referred to collectively as the "Loan Instruments ".
<br />TO PRROTBCT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of,
<br />and the interest on, the indebtedness evidenced by the Note, charges, fees and
<br />all other sums as provided in the Loan Instruments.
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