|
'� .A 85, 001192
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this, T)Wth , (12th).........dav of ... Marsh .................
<br />19- 85, among the Trustor,.Robert,4.,5 MRGIIson, and, NI) 3trler, e. K •..SalrtuelsOq ..................
<br />........(herein " Borrowcr" ),City..N=ptlQnal. Rank. And. Trust.
<br />Ctimpan}�,, Hascinys, , , , , , , , , , (herein "Trustee "), and the Beneficiary,
<br />City. National Bank, and Trust Company_,, ,Ha0109s4 . NE , , , , , , , „ a corporation organized and
<br />existing under the laws of. ........ Nebraska ......................... whose address is............... .
<br />.09AW st_3rct,$trvet,,llastin95.. Nebraska ............... ...... (herein "Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />and conveys to Trustee, in trust, with power of sale, the following described property located in the County of
<br />...........Hall I ......................... State of Nebraska:
<br />A tract of land comprising a part of the Northwest Quarter (NW4) of Section
<br />Twenty Four (24), Township Nine (9) North, Range Ten (10), West of the -6th
<br />P. M., Hall County, Nebraska and more particularly described as follows:
<br />Beginning at a point on the North line of said NWJ said point being 320.0
<br />feet West of the Northeast corner of said NWv; thence running southerly,
<br />parallel to the East line of said NWk a distance of 245.0 feet; thence
<br />running Westerly parallel to the North line of said NW; a distance of 230.0
<br />feet; thence running Northerly, parallel to the East line of said NVIJ a
<br />distance of 245.0 feet to a point on the North line of said NWJ; thence
<br />running Easterly along the North line of said NW-4' a distance of 230.0 feet
<br />to the point of beginning and containing 1.29 acres more or less.
<br />which has the address of. . ......... ................ ..........................................
<br />;Street] icily]
<br />..................... (her-cm "Property Address ") ;
<br />(state and Zip codei
<br />TocErttER with all the improvements now or hereafter erected on the property, and all casements, rights.
<br />appurtenances. rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now or
<br />_ hereafter attached to the property, all of which, including replacements and additions thereto, shall be deemed to be
<br />and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property
<br />(or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ",
<br />To SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated..M ?rch _ 12,
<br />.1985..... (herein "Note "), in the principal sum of. FIFTY. THOUSAND. AN•D. NO/.SOO-- --- - - - -•<
<br />.:--7 7777.::-' 7777 .::.':7 777 7 7. 7777- .Dollars, with interest thereon, gtKOtoiiog7fCt7aR9fUiifrK ?aktRl1PR9etk�x
<br />of principal and interest. with the balance of the indentcdriess, if not sooner Palo, one and payable on.Septernber.
<br />?3r . !9.85 .: the payment of all other sums, with interest thereon, advanced
<br />in accordance herewith to protect the security of this Deed of Lust: and the performance of the covenants and
<br />agreements of Borrower herein contained; and ( b) the repayment of any future advances, with interest thereon, made
<br />to Borrower by Lender pursuant to paragraph 21 hcrcot (herein "Future Advances ").
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant nail
<br />convey the Property, that the Property is uncncumbsred, and That Borrower wili witrranl and defcnd generally the
<br />title to the Property against all claims and demands. subject to any declarations, easements or restrictions listed in a
<br />whrdult of exceptions to coverage to any title insurance police' insuring l.euder's mierest in the Property,
<br />MUM- ] ,r, s ra,,nt- 1 ts._r»tuurtttMC limiroRM ntstauMM
<br />
|