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<br />TRUST DEED $5all 000752
<br />THIS TRUST DEED, made this 11th day of February ,19 85 1
<br />be and between:
<br />(A) Daniel M. Placzek and Cheryl L. Placzek, as husband and wife
<br />, whether one or more, herein-
<br />after called "Trustor" whose malting address is 1025 N. Hancock
<br />and
<br />(B) Norwest Bank Grand island, National Association
<br />as "Trustee" whose mailing
<br />addrMIS 202 W. Third Street, P. 0. Box 1768, Grand Island, Nebraska 68802 and ,-
<br />(c) Norwest Bank Grand Island, National Association, 202 West Third Street, P. 0. Box 1768; ;
<br />Grand Island, Nebraska 68802 as "Beneficiary" whose mailing address is .
<br />WITNESSETH: That Trustor, Inconsideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof Is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the
<br />following described property, situated In Hall County, Nebraska:
<br />Lot Ten (10), and the Easterly Twenty -Four Feet of Lot Nine (9), in Block
<br />Nineteen (19), in Charles Wasmer's Addition to the City of Grand Island,
<br />Hall County, Nebraska
<br />The Intention being to convey hereby In absolute title In fee simple, including all the rights of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING pgro�m ce Beach agreement and covenant of Trustor herein contained
<br />x y - -�wo ousan ree 62,329.05
<br />and the payment of the principal sum of Han rs ($ ),
<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 is t day of September 19 1985 and
<br />all renewals and extensions thereof.
<br />Trustor and Beneficiary covenant and agree as follows:
<br />1, ift a p At TdM, Truslor is IawfuHy salted of the Property; it Ms good right and
<br />lawful GWWMNy to eetl OW cMMy the PmWy; the Property is fine and CNN of all
<br />rMna and WWvfgbMtM deloW tons now of record; and Truslor will wanted and
<br />defelnd do htM to the Property urnse ten Trustee and its successors and asepM
<br />rorayaf, *WNW dip Ctelha of all Portable. Trusldr, at Its one"". will "Writain and
<br />preeefea Nhe teen at Me Truce Deus N • Nan upon ten Trust Property wbteat only to
<br />alltrwhar$ "o ealerrp es of ten dote haaof, will call" this Tura Dow, had each
<br />wnohdnleni OF aupehnand tirerela, to be IIM0 and recorded N a mortgage of the
<br />Tnm Property An such momw and M such etebe, and wolf take such otter action"
<br />in ten opinon of Trueli a may be Delisted by any grew" of future Mw In order to
<br />pates. mantaln eta protect ten Iran of this Trust Died, as ten some may be from
<br />tenet to Iris onxwdM or ouppemantod
<br />2. pppAM m of Pillooltoof ten MlaaaL Truster shelf punciush pus ten principal of,
<br />ano is ass, som praMesoy tae Impudhp any odvatices Ihando"O' WdW
<br />Mean an Will data had at ore place area M me nlafbp provided leads ,ate will
<br />perform ate ag/aaronH. conditions and pPOYlsons Of any other security
<br />Inafuma/N green M Mwtn#" with the transaction.
<br />a. FetawMw ate MOWA@rA sea at P "ay. Trusty will not commit any waste
<br />90M ten Properly, and ends, at All tmree, maintan fen "ma In good Order and
<br />condition W4 wd Iheke, tom time to tune. ail recalls, renewal#, reptecomsnle.
<br />had khptoyMlento which al's '"*Oflaay regulfW to ptevenl Wset*,
<br />impamnen6
<br />Of da hhoIlOn of sold aupedy. No aWdtng or Irnprovarnent now or
<br />her*~ ofested upon ten Plopaty shall be 6110rW, removed a deniWithed
<br />*"" she prior wrNNn Consent a Mnalch ry.
<br />a. DONNO it *SP$ fp. M roes Of My damage te, or destruction of. Iha buildings,
<br />WWOVWMVO Of Pill"" lfaperty Oetetltuting pal Of IM Trust Property, whether
<br />such 1*11141 M coveaA by mtwonce of Otherwise, tfuaor, nit Its solo coal and
<br />""it". waif prerblltly tWOrs, reps., replace and (Mmild ten time as nearly as
<br />ptseticabfe te dt 60neiifsn Immeddaaly ONOr to such dome" a desruction or with
<br />such cneM/ae end afaalhe wo Trualor may deem fiPlit rote Provided Such
<br />Chopp and aterahrre de not moMlMlly Wthum the value and utility of much
<br />MfaOwmMM ON parWn111ty from that existing ,mmerlletaly, orrof to
<br />dust a dIMPA OM Truster #Moll be saddled b rambulsomant from the
<br />TnNtee te Ine Nett Of 1M ref Insurance Proceeds receive by trust", but only to
<br />thosaeM of IM sclual sum exasnded under this pfmislo l
<br />6. conwoN Tnow if Truaa is a cruporalon, n will do all Ihorys necessary to
<br />woo" Its oergoree Qelaloe. tight& and privileges under the laws of the Hate o1
<br />tie lnw
<br />cpwollol.
<br />q t"W*O". Tfnalfo. At Its expense, Will "'*Intel, wnh mnulnlfl sV111uYA1I h,
<br />hellvaofo", mmurante with 'aspect le IM rmpruyetneals and 1,.,& 0; propa,ly
<br />,iOrtsftluttrp IM PIOperly eWlncl Was by fire, Ilghlmnq, huuado. vul Whar Vn1114
<br />GOVaed by slamtard Ooendsd coverage endWsemanl, In sra amount *,),,at In 11
<br />moet ene ".filed petcenl nn Iha full "AplflGenenf Yal Ud IlmdOt. Aud lo"usnta
<br />&soma tocn oiw halaids e1111 "1 Guth 00-111 so la 1:u4to —wi, , s,utxl or ownAra
<br />ate P1Atelalb of arn:lla, (,.rl {Mines Will of nenfll,;la,y 111.1
<br />Vlof -W. lhlelpr w:ll <,, u,Vly m%Ih aorh nlhW, rarpdrflnM errs eR Nang1,,.IarY rr•ay
<br />•Nn n— 1d nnM 1* jbeai I,+. 111 Ir.nl,If. hider by Inter....... 1 II,e rnl&Iflfl r,l Ihv
<br />respsCllve Pont". All insurance policies maintained pursuant to this Trust Dead
<br />atoll name Trustee are genefkiary an indurede. N their respective inerests Andy
<br />appear, and provide that there shah be no concallallte Or modification without
<br />fifteen days prior written IrotlibatiM to Trustee and ®eMlloiery. In iha event any
<br />porky, MteundM M nod tefletved on or before lilloen days ltllyr to Its expiration
<br />date. Trustee or NMf10ary may prfecute such 10Wrance and the antl tftfw,MN
<br />be Wend to ten lean wowed by oils Trust Dead had shat bear Internet at ten
<br />greeter a ten lnteratl teen NeoitMd IMfaifb o 1M hlgltsN Irttaeal tale authauep
<br />by ten laws of the eta" of NNfa"a. Truster Mall dotMrto gefnelklaY ten orwrod
<br />MNeft of Inauranoe and fsnewore thereat of memo deplN of such pdNCIN had
<br />reneyaaM tnaWl, Fallare io furbish Insurance by Trustor. or re is"s N required
<br />haisunded shah, of the coffen of final ilayl, constitute a default. All uninspired
<br />Wamlumt
<br />we haoby seslghod to Trust"" aW111onal security and a "to and
<br />convaysnca of IM stropary by ten Trust" shall operate to comely to ten pukneset
<br />the Trueor's Interest in aw to all policies of fnsugnce upon 1M Trust Property.
<br />7 Texas and ANaeeaomM. Truant shell pay all exec and special assessments
<br />tavW or .so.ad against or duo upon the Property before delinquency, and will
<br />deliver Id gerrefkiory colds of receipts showing payment of such lazes end
<br />spacial "—Is, If Danelkfary Mall so request. Truslof agrees that time shall
<br />be added to sane p rdodic payment tegulfW to be made hereunder an amount
<br />estimated by Trust" to be sufficient to enable Thusta to pay, al Mast 80 days
<br />before delinquency, all taxes, assessments or other public charges against the
<br />Trust Progeny IM Nota Ncurad by tMa True Dead, of upon account of fen debt or
<br />the Ion or this Trust Deed, together with premiums for insuence required to hu
<br />provided undo this Trust Dead and no Inlasat shall M payable to Throw In
<br />respect Ihefool. Upon demand by Trust ", Trustor shall delver to Trust" such
<br />addddnal euma of money as sra necessary to make up any deficiency in the
<br />amounta necessary loon" Trustee to pay any of ten foregoing (lams.
<br />e. Addh%WI Usle, Trustor Mal mane all payments of bilateral end alocipal and
<br />payments of any other charges, fees, and expenses contracted to be pad to any
<br />existing lien holes or prior ponaklaiMe under any pilot Trust Dead, Mortgage at
<br />Other ssourlly apf "mam, befwo the dole they sra delinquent Slid to pay any What,
<br />claim which ioopotdues ten security granted herein
<br />g. Preloa1M a MhaflaaWe Security. ghoul Truslof fall to make any payment.
<br />Intl to do any act as Mroln provided, or if any action or lflxeeding is commenced
<br />which materially allects tMnellclary's Interest in the properly. Including, but not
<br />limited to, eminent domain, insolvency, arsngenents or picu,"ding , mvotrmg a
<br />bankrupt or decedanl, then deneficisly to iruetea but wuhout Obligation to do e0,
<br />and without notice to a demand upon Truslm. and without elsoalnd Tnlslor flour
<br />Any obligation belffunder, may make 0, do the same, and they pay. Iluu,haso.
<br />,'unseal w compronhoa any elicuprOla/1ce, chelge Or lien, which In the Judgement of
<br />little, appeals to Affect Bold propouly. In eserclsing arty, alll,h Downie pin
<br />10endllo,ov ear Truaes may r' Ir any liability and nix VAnd whtlloror fln,nunln
<br />"'hiding fish lrl esnlenls al roflaOr,el?le .1tolnoy's lads. wraith "I I'All an., luld
<br />11ACIello11 . fully to netessely In Ina orals that Iruslo, shall fan 1:, pl of. urd
<br />inloot d „• In Ira, larAO, fl,u spa, '. el ad sea a,nonla l,, to n,a Re any onYmanitl W
<br />n ulflhp ,r ( n h114hu. •. r bereh,:iallA4. Ih. lenef, lu, „ r pr•h ram •.,:1•
<br />r• pUlanc.a e,,,1 Inflk. bath Ile,olnnl, All amts rn,:n,. dd try n,npn•Iln1 l:/ lAndlrl'�A� 1
<br />,r Trrl Pied in At, r -In lu. pl,rr u"u, ,•, 11— 1 i,lyl I.Ihe,t ,,A fir: rrin•1 hAiRhT
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