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85-x. 604057 CC!NT 5: d
<br />DE
<br />F.0 OF __TRUST
<br />This Deed of Trust Is made this 22ndday of At'n' -tit , 19 85 , by and among
<br />_
<br />Greor�D. Roberts & Dixie A �tofi�rts�lllldll�C� �1_TQ hereinafter referred to as "Truster,"
<br />whose mailing address is Z!IIQ North UStT --Qr -, d; 1?. B ,
<br />_
<br />Attorney at Las hereinafter referred to as Trustee," whose mailing address fs Y_ . Box
<br />-i
<br />Grand Isl= . NE 68802_; and THE OVERLA?ib NATIONAL BANK OF CRASH ISLAND, hereinafter referred to as
<br />"Beneficiary," whose mailing address is P. O. Box 1686, Grand Island, Nebraska 68802.
<br />For valuable consideration, Truster irrevocahl': grants, transfers, conveys and assigns to Trustee, in
<br />trust, with power of sale, for the benefit and wecurity of Beneficiary, under and subject to the terms and
<br />conditions of this Deed of Trust, the following- dewcribed property, located in Ball County,
<br />Nebraska, to -wlt:
<br />Lot Eleven (11LCentenn al_( iz.e +ens Subdic_isicm,- __ ^____ —__.
<br />an addition_ to the Citvof_Grand Island, 11,111 County,_
<br />---- - - - - -- —
<br />Nebraska.
<br />together Vitt, all buildings, Improvements, flit tr s, srr ets, alle s, passageways, easements, rights, privi-
<br />together
<br />leges and appurtenances located thereon or in =v waft pertaining t:x•reto, and the rents, issues, profits,
<br />reversinns and the remainders thereof, including all sucli personal property that is attached to the improve-
<br />ments so as to constitute a fixture, all of which, Inrludir.Y repla—ments and additions thereto, are hereby
<br />declared to be a part of-the real estate conveyed in trust 'ierehv, It neing agreed that all of the fore-
<br />going shall be hereinafter referred to as tl:e "Pro;artv."
<br />FOR ME PURPOSF JF SECURING:
<br />fa,, the payment of indebrOlness evlden—A by 1rosr,•r's r., +te of ven lot- • herewith in
<br />the principal sum of 'Twelve Thousand Lind No /100( ---tom Q11 ), togech er
<br />with interest at the race er rates provided the re in, o !f:r prier ipai and L•lterest on qtly
<br />.future advance nit to exceed the total principal sum 1nitiail: +f ,:red hereby as evidenced
<br />by promissor•: notes stating they are secured herehv, and anv and ail renewals, modifications
<br />and extensions of such notes, both principal ,u)d !merest ,m !lit notes being parable In
<br />accordance with the terms set tart!: therein, which '., r61•: :cferen::e is noreliv Tad, a part
<br />hereof;
<br />,; 4.} ., .. I-.. r:!i,l :e: ,( .... ,, „�. :•i't .f ...f..,. .e :I, ,•la, ! 1, 1, ,.�1
<br />1c) the pavr,,ent !,I ,It`: lm. ::r arms )f which may 1:.,- hereafter pall „r a,.lvarl;:r.i
<br />!;•: Beiteft.t.tr': Calder C:e Z,t ..s r„ t. t:1`: f)f.r,l ,'.f - !rt!,,r, n,,et1 " :i'r witin !nteri,t the'roon :it .. ...
<br />rate provided ill the nitt e.
<br />.,. proti•..t the ._<!:r1t „1 ,':1s ..a e, +, :,f ;nl,;t, iru., .. nr !er. by ...tenant•; an;J a,:rc .!s
<br />.. t,v!,nt indabte r.c -tis. ', , wh._.. _ !. !:e pr!n, t,;:nl f. •.... ... ,nte•r—t .,:1, tl:.• ird.•htod-
<br />ri—, evidenced ' the r.. -ear err, I —, :u .11 t. :. r ,...- .,.. .. .. 171 rh,• I-- Snatru —'It ".
<br />.. Itt!_e lru 1:_q is t1u: :rwrl.•r .:f t.!x• i[. rt .;r.d . „-. Ilse [tght -Ind .t.,, .,or1t. .•xe:nit« this
<br />De._.. :. Crust In ,esj� [ , the pr:;pertc.
<br />1. Taxes and- Aa se. a-Aintw- :, pay, Whe:, il!te, .Ill t.xe�, '� I:i) •e ss .anent,: and ,ill :tll,er Ch'irgi.
<br />ag•[Jt1at .l,e rott«rr., 1?ef r ...:hv 7ame t-ome :lelfn,�tle[1r, i!.', '•ter +,' ,.•etir P„ne•Irll ' , %::ill so r—julre,
<br />Ic add t- ,t,. ; ayments 1ei'Ared skier the note -1 :i mil-: 'be +vfti, 1rr+t to en-
<br />ahle Brno irinr -v t,: lw, »•ac!: taxes, .t,o..,t..iur.
<br />.. l. p tiu• Impr„ t.n.,l ., ni. ,:r :'n•.i!!,r I ..u.'1 ,.. .... re"I ,. etrlte d cri!;eJ
<br />.:crt•Ir. In.or -I au,iinst dimage hv fart: anti .., .,'r ! :ac,.ro� is 'r4•nttl. tar.. na: r,. gctrc, In .mount, ,in,!
<br />rompanii a,c ptable to Benrf I, tar v, .....l ll. .. ., f a.. ., -.� f.e rlef!� 1,1 r:. ]n ,:Lae• .,f lo's under ,:vh
<br />policir::, Brn«•flrtar•; is authnrlrcd t:, edl.r.,t, ,,•11 u.[ n,. -. .•mvc.tr,l !n 1,, •Ilsrret!an, all .1a1.,tis
<br />and. ,f. ft, . —1, „t: ,.• 1` _.,, r.. ,. 1'..,r .,.,+ .. .., .r,. . -.,. t!le
<br />property .•,r upon ter iroie!lednecs ,.. cd n:re 1.- •.,1 i., .,,in, , -!. «. .« ,ett, •,twill ._ant fnuc ,Loth
<br />sums secured herrhv are paid fa tuft,.
<br />5. ke•+a1rf 'date[coat and Use. !o I r,.,m;...t i n•;•alr. r•+tor,• ,r r< ,,,lld in, '!+tuflllIs :,r impr,lve-
<br />ments now or hereafter on the property; r... ..cep � - i r••i,.. rt: II, �.. n•.I it luu and regal r, I,I rho kit waste
<br />and free from me,I an it ,: nr orl :rr lien•. not r.nrv:;l.. !1'rJlrl lr.I .,, ll-, i :errof; to not make. -offer 1
<br />i, permit ally nulennce lc: exist ❑or 1” ;1v.ln!,!. :'r lyd -,tfr .,., l .,!„ rhr propert•, -!., an•; act or omission
<br />to ct; and to mpiv wIth ail naqulre•ments :a•: wfr!: ... ct r.., ...« ;roperty.
<br />a ra
<br />h. f nn;lettclat ton. In the "vent the ;•rop.•riv, "r an•1 par, !.,.,r rut. •,hall he taken I.v eminent domaln„
<br />Benrf L :tar} L; «nt!tle.d to +.otl.•,'c ant, rerelve all •,rl en sat !.tn v!, !: na, • paid far auv property raker
<br />or for damage, to proper«-, not taken, and Ncneflc!ary ..hall 11 " "i, Irl: <nmpensat icm, at lt,i option,
<br />either to a reduction of the lndi-Meciness !- „.un•,I here!,'. .r t.• n•palr ar.,.l rerstore the ;,r: +nettv so taken.
<br />7. Performan r_?rS,.Ra net lctarv. Reneftr fare _3v, `; ,:f v!a,l !Lave !:. ,bl!gat Son fo, dr :nlv act vh W,
<br />.-_.._ — -- _._._....
<br />1rustor h�i-
<br />a agreed but :`al ae <t , ,Se, sad Kellett, iar, s..r "I”, .. an'+ :rot it deems r.ecl•ssa ry to pror e«'t.
<br />the lien hereof. I'ruwtor agrren to rrpav, upon :k•nand, any sums S1, expended by Beneflclary for the
<br />.hove purpowea, arid any sum so expended by Bereflciery •:Izali t.e added t�! the lndebtednuws secured here•
<br />q and be(,,mv sect ur ed by the I fen hereof . Renef t, l ir: =halt n,:r lm !.:r anv per-inal l iahi l tt v because of
<br />:anything, It ma': chi •.ti omlt r.n do hereunder.
<br />g. Ass 1. roman C+ cf R acs. •ref!,: t,iry al..ill have !):,• r!,!It j'''W "r an,l ,tumor it dur'Ing the r.on-
<br />rinuanve of rbls feed of Ir,:wt ru x „fret . t:•,e rent +, I•.«ur •. nmi ; :r :•i tr the property and of one 1,r
<br />Bona, property 3cr at aA r. h.+rirnn with :lr wit haul L3king ! >, + «vr. *+. !,m ,f the pmpe•rly nffc•ctrJ her "hy, atl,.l
<br />Iruwt or hereby abwol!.Ir e1v and gas lgns al! •+ +.nil ten[!:, fysue, and prnfity to Keno l'1r fall'.
<br />Benefielaty, however, hereby ionwentw to Crest •.,t'i, "Ilect t :m and naenr inn „I r;,wh rents, lseuev, and
<br />prt,flt4 am they ac.,.rne antl 1,es,oze I!ayaL 1«!, ,., „Ig ah tr!«.,tf Ire oot, at '•te«h [Ime. ill def.nit with re-
<br />":pert to prryslent of any I.ndebredne,ts rserured ? vr.! -y. • 1n rbe ;erinrncun. -e of auv agreement 1-r-aider.
<br />If any event of default ,Ib Ben ihrd hereafter In respe: t t:• this !u• 'l „f ;rust "hall have ., ,o, ! and be
<br />: mintAng, Kent fi.1,iry as it mater ,f right i,! I ur 1„1 f: r• r !r sc." or 1111 111 Calming n -ter
<br />.r,o0c,,, ,111:1 1, 1—o [,r the value rl r!w tr.,.'I ,r Ih_ It_erest of the lvol,fot ihelln,
<br />L
<br />,hall hlve the r,t'It to ilvrly r!• 1 ,tlr f F' 7 1 t•• i. !: ,ill i re, -'IV I [t _r tl y.
<br />'i, In le,tI r Bet ll: :lot r ,. A i
<br />.r n .1 r -tk[ 11 i,v I. rt... t ;r e•t
<br />If
<br />•.I mr ,'t . „r fn a! r, ,.. !.. f !
<br />ill
<br />tut ,.,« ,.,1R p:,,ae ! .eT fr. rm.r: g, xt. ,I .,.. .r l.. I. ,i ...t !•.. ,.. ,••2 f..r -. . Jr ... ,•!:., -: , ..,.t,,
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