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86- 107510
<br />DEED OF TRUST
<br />THIS DEED OF TRUST, made this ___day of December - ,19_$�k_, by and among
<br />Geor¢e-
<br />NP- iLty�d Donna Wanitschke, Husband and Wife
<br />whose mailing address is 1y01 Pine DD dRban N °braska, 68832
<br />(Street) (City) (State & Zip)
<br />(herein "Trustor ")1 and ward Traeev. Attnrnev at Iaw
<br />whose mailing address is 776 West Koenig Grand Island Nebraska, 68801
<br />(Street) (CIty) (State & Zip)
<br />(herein "Trustee "); and The Ravenna Bank
<br />whose mailing address is
<br />(herein :Beneficiary ").
<br />FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and the trust
<br />herein created, the receipt of which is hereby acknowledged, Trustor irrevocably grants,
<br />transfers, conveys, and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and
<br />security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust,
<br />the real property described as follows:
<br />Part of * NW* Sec. 8, T 9'N, R 9 West of the 6th P.M.
<br />See Attached Exhibit A
<br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the
<br />real property; all leases or subleases covering the real property or any portion thereof,
<br />now or hereafter existing or entered into, and all right, title and interest of Trustor
<br />thereunder; all interests, estate or other claims, both in law and in equity, which Trustor
<br />now has or may hereafter acquire in the real property; all easements, rights -of -way, tenements,
<br />hereditaments and appurtenances thereof and thereto; all oil and gas rights and profits,
<br />water rights and water stock; all right, title and interest of Trustor, now owned or hereafter
<br />acquired, in and to any land lying within the right -of -way of any street or highway adjoining
<br />the real property, any and all buildings, fixtures, improvements, and appurtenances now
<br />or hereafter erected thereon or belonging thereto, (herein referred to as "Improvements ");
<br />and any and all awards made for the taking by eminent domain, or by any proceeding or purchase
<br />in lieu thereof, of the whole or any part of the real property.
<br />All of the foregoing estate, property and interest hereby conveyed to Trustee herein
<br />collectively referred to as the "Property ".
<br />THIS DEED OF TRUST SHALL SECURE:
<br />(a) The payment of indebtedness evidenced by Trustor's note of even date herewith in the
<br />principle sum of Sixty Thauasnd_ and no/100 - - - - - - -_ - - - - - - -
<br />s _ _ _ _ _Dollars ($-60,000,()o ), together with interest at the rate or rates
<br />provided therein, (herein, together with any and all renewals,modifications, and extensions
<br />thereof, referred to as the "NOTE ") both principal and interest on the Note being payable in
<br />accordance with the terms set forth therein, reier,�nce to which is hereby made, the finai
<br />payment of principal and interest, if not sooner paid and it no renewals, modifications or
<br />extensions are made, due and payable on 1)eoefnber 30, .1993
<br />(b) The performance of each agreement and covenant. of Trustor herein contained; and
<br />(c) The payment of any sum or sums of money with interest thereon which may be hervvaitcr
<br />paid or advanced under the terms of this Deed of "Crust,
<br />
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