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TRUST DEED 8~""~~~~~~'`
<br />THiS TRUST DEED, made-this 31st day of December 1g 82
<br />be-and between:
<br />~~ Doering Incorporated, A Nebraska Corporation and Dru Doering, A Single Person
<br />whether one or more, herein-
<br />aftarCBUed "Trustor" whose matting address is Box 734,_(:ranri Tcl anti a NF. FiSR(~,
<br />and
<br />(g) John A. Wolf, Attorney-At-Law
<br />as "Trustee" whose mailing
<br />addressls PO Box 428, Grand Island, NE 68802 and
<br />~~ First Savings Company
<br />ox ran s an ,y ~yo ~ as "Beneficiary" whose mailing address is
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($i.t}O) and other valuable consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sails and warrants to Trustee, in trust, with power of sale, the
<br />following described property, situated in Hall County, Nebraska:
<br />Lot One (1} In Block Thirty-One (31) In Russel LrdtTeeler's Addition
<br />to the City of Grand Island, Hall County, Nebraska
<br />Tha intention being to convey hereby in absolute title in fee simple, including ail the rights of homestead and
<br />dower, together with aN buildings, fixtures, Improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the °Property."
<br />FOR TH£ PURPOSE dF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum otTWF:NTY SLY THOUSAND NINF{}oilars ($?6s 912.26*** ),
<br />as evidenced by a promissory note bea}~~1 r~~h~~a~$frd§l~t~in-which may hereafter be paid
<br />or advanced under the terms of this Trust Deed; bath 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 piece as the holder may designate in writing, the final payment of principal and interest, if not sooner
<br />paid, shad be due and payable on the 5th day of Jan~.tart , 19 85
<br />Trustor and Beneficiary covenant and agree as follows:
<br />T M+MM4 N T111L Tnratw :a 4 Wluily serzad of tM Ropaty. d tea S7ooo rtgnt and
<br />ttMUi auttmrdy tosap and conraY eM Rtrpprty; tM Rrot»nY n tree aM Cnar of of
<br />tk'tia era enquttibarlpat aacapf nano npw of ramr¢ ono Trustor wul warrant and
<br />daf.ne the tdN to tM Roperty unto 1M T,wM arrq ns euccaagn and aaa.pna
<br />iOrsYYee, apaiMt tM ctatms of ap parepl4a. Ttwtor, U Ito expanaa, w.rl mamtun Ira
<br />Dtaaalva the pq of tore That Glaatl pap {ion upml LM TNaI ROpaItY aubiacl M:/ la
<br />irrpllrtrbar Ya aafatiRp p of LM dtb Mgoi. Will cautn Inn Tntat Oeao, axw eacn
<br />aritalMplMrt p tuppbmnri tlrarai0. to W ftleo end raa,rppo pa • mwtpapa at ftq
<br />Trwt RoyMty M suCJr manrrar and rn euGA raace. am7 wrN teas aacn ottrar action p
<br />in tM opintdt Of TNSiM maY to +apuMad t1N ant txraaant p future nw +n poet tp
<br />Parfiot. pttlatant arro pmtaCt tM rwn of knit TNii Oa W, is fM apme maT M irvm
<br />tUNa to torte artwrgadol WppNtMMrtd,
<br />~. h7araiR W ant McYtaa4 TrasTOr stu4 pur!c1w:4y pay tM pnRCrpa: oi,
<br />and nrlarH! pro said prOrtnaaOrY nOta irtcirrd.ttp arty rtorarxGaa if WiiO pi Provstled
<br />71wYa rM fire daiM rKrd at tM ptaga pM! m Ina nw+uar MorMpd it Drain too W II<
<br />Q+Y MrhaNr~ ppppmawTp. Mrrofbdle uW prortaloN of anY o3Mar setunty
<br />iiWYtrrlnld 4Nan n! CQreNr:MOrt Wi,R tiri6 trarnacta,n.
<br />Q~iaaalal~Op M1~ ~NwllaRaaap i vlaparfl<. }nntIX Wdi not cormmq pnT waNp
<br />+i~ Ttt! RppprtY apd W+p. It all titr,eq InR/nLM tM WM in pOW OrWr ant
<br />cerrdlFlort ono rWd ogee tram tuna ro ierw, as reparra. renswa», repracema+rts.
<br />adpplarta ono YI!(#OYalBantp venrpH are Faaaa+abyh nq,urq ~ praTq! waaia,
<br />+nWHrwMnt, pt tlaaaYtdYairorr OT fold prOAerilr !M ou+ldmp or rmpro.emxu nOw w
<br />MrYaFiar aygYd upoP tM Rrgpartl iTlap dr aRaraD, ranmsao R OamWlsnq
<br />rAMpM taaprlOt aaillaa COrgM1t Ol BaatailCiayY,
<br />~- DarM M ttirgaegT. in avr d my darotua ta. or oeatrrxcsmn W. >_M W+wuga.
<br />~Ot OaraOrtat PrOpartY CpiNrlrttwp put M iM Trya; R'opprtY, wMtMr
<br />t'stgp lpu b eo'xarao try elw-eanw a oittax«raa. Trusmr. at it1 apN Copt anD
<br />aaoaraa, a~ proelpNy reaMras IapMf, raytau ono rNAnp1 tM uma as MMY ad
<br />#xd~Wtt b iN paapeYbn iaawaeratary mtar to ardre~mapa os datnrctwrt a wrM
<br />auen a~!anYaa artl aitRYpiwps as 7rwWr rsaY Doerr: aBRraRr-»>p 6rprWad apw~
<br />tyattr~ ua at#waNarla W not malargeY 4faan AM raWe arro WI¢ty tl1 8ucn
<br />aoNBitrpa a pod 6anOfWNY itdm VuR smikrp s.mrred,alah trrWr la
<br />auNr ~aCa ip pr,Mt4'OR18r! T*watpr ttrao W anTOlad t0 npmWtaµr i Hom !ty
<br />TrlraaMae_ftMappM ad bM net rntrxarua prsa+aN <qM W By TtualM, tM Dreg to
<br />la' a~ N 4f IY ptdY. ps%p 1w¢ppxip®unoad Ltua gk4wa#tR1.
<br />4 'Attrar, it TryaL44r i1 a YOKawaTiM 4 W{n de art iMngs r`afzaaMlY to
<br />arapprYeaT116a9Ypra4a g0atanpxe. +'UAalt ato prigxepy nnON tM non pf Ma aNia a't
<br />+ts «aarpwanpa.
<br />[ptreaesa. Tnyagt. a3 +N axaawp. w'ai nsa+ern Weth a5acnwe appraxad :h
<br />maxrraroa wka reaaa¢t tp trM tlear'QraMenra a+td p4ranhw $rsRe/t'Y.
<br />°%~ lira 21tpp,{Y apamaa tp8 aY tsq SfySala4q_ faraxada. aaxtl tu4er tser.Y
<br />aprsa OWr ta+wprar4 9arerws # Eek~f,r# t~~ .u(sM+ 1MMNt. nW +reFaSuF~e
<br />apaaVl aMp+ah4at 14ttlnCa aeet rxr twg>s rNmGSrtt ar}I W 4YafMMr'wi c#t•all by nwefpaY
<br />!wa epawaaae #? a~raa ant+Y*nps a*W as YIN[YI4'+y() °raa e'(~-.a~aa "re. .it
<br />anrp4e»4, Tayelwe war ETR+s+? e-+n A",x+.~rwa raW,W.anwwra as pe+,x!:+~--err r•^*x
<br />~x+et4t 2¢A M tyre tWyrwt rasa rh p -NW":kgn by ~+R`%.a 3! lira :nWKOat of {N
<br />:eapaeine p¢ttieb. All mswanee pO1rCn3 mamnuntl purnuent to this Tlusl Dflq
<br />ens{I ream. Tryst» Ind BeMtICW('f a9 insurge, as foal! rBlpeCilYp rnlereeln miy
<br />appear, arW prprrtle Ina! IMrc 1MIi Da n0 cancellation or modiflcaUOn wrtnWt
<br />hrtaan oaya prgr wfNten nehhCStton t0 Trualee stM 8enetiGwry. In IM event anY
<br />pohCy Mrourtor Is not rsMwad on p Mbre fineen daye Rrrot Io its axpkatron
<br />Dote. Tfua1M p 9aRehalary may prOCUfe ouch insurance sntl fM COet IMrgl mall
<br />oe aooq to tree +wn secured by IDls Trust fMq and anti! !rear mtereat at tree
<br />greitar of iM inlMast fate 1PeCdlad IMrarn or IM nlpnHt Inlerpsl vale pullfprlaq
<br />by Ina laws el iM fitale of Nataaaal. Traitor 1MII tlel/rev fp B?neftcipry Ina INpinai
<br />pOlKrea pf Maurenp4 arw nnewale Ilrelepf p m4rlr0 copl4a Ot sUCn pO1lCles end
<br />:QneWus inergl. RN1We to lurniah mgrance by Theta/. or renewak a1 regWnD
<br />nereuMer aMti, at iM opUOn al BeMliClary, cOnurtute a tlalflult. Ail unearrne
<br />pren•,rOms ¢m Renny asslonq to Troet4e ab aadibonal sxarih arw a oak anp
<br />'cnreYOnCe p} !M RrotMtty by tM Truatq eM1i operate to annv4y to IRe RueMapr
<br />!h0 Truetof j+ntereat m and io all pOflClea Ot ingrnpCA upon tM TrUSI RrOpeny.
<br />] Taaea arrA AaaYamarrta Truttar anal) pay all !oxen eq apaCial alaaeerrrpnls
<br />levied p asaesaed atpfpst w due uppn Irn property before dennpugCy, and wDl
<br />deirver fo Benp(iciary copies of recpipia snowing RaYmerrl pf such laxe9 ¢ntl
<br />apeCttl ueesanwnta. (l BenellUary snarl so repvenl, Tnlsta agrepn Nat there anon
<br />x adtlao to eapn p4rwdtc psyrne^t ranueq to M mode nergnder an amount
<br />asomatq ~ Tru5ta4 to tx sutncrenl to enable Truetp la pflY. at kdsl Nt days
<br />peiar4 dNmOU4ncy, pN tazea, a rntlnla Cr orMr public cMfpes flgfliR1t IM!
<br />?runt prpperiY. IM NotB aecUred by'nis Trust Ogee, ar upon atcovnt al tM Dent or
<br />Ina UQn of iota Truai Oeeo, togetner wrtn Pfemlpm9 tar rnsuranee rapunq to M
<br />~'prrD40 urger tole Ttu1t T70OD eM n interpret shall aE WY¢ale to TtVatp i~
<br />'QSppCt tnNeoi. UpOR DBmnrW OY Try1lM, TNatOr snail dei5ra( to PrUelae nacre
<br />aaatfma+ wma at nearuY as are nepeaaary to mnae up any Delrcteney rn the
<br />amortRis necpsauy to ga0l4 TrUatap ro par am of tM rpnppnq /tame.
<br />4 A6rptlonal Liana. Truetp anaN maaa all peYmenta pl InltKeat am] preKrpal entl
<br />paymanut Ot anY OLMa Cnarpaa, IM3. oral axpenaas ConlraCiq to ae pa+D Io am
<br />ealatutp 1tM MIMre Or DnW bamtrcauka antler anY Rrmr Tarot Oepr/. Mongaps m
<br />Pttrt^ aaWniY apraarMm, trefora 1M rqU IMY aro Dti{npurx» amf to PeY anY otnr
<br />C!a!m ryniar IaapMOkss tM McuYIlY graRtq MMM1
<br />9 prellaliM a ~anMlalT¢Y'a LPaawllY. snrwm Trwip tall tR make hnY PeYmm~t
<br />tali TO do aMr act N Iterai!! 0rorrdq, p 4 any aCtrq a procaMttyap n :.omrrwRCq
<br />wnMa RrpiMtiMY afgpta BartafrOnry`n mlafaal In ins Proparh. in<iudmp. but rtat
<br />IIrt•A/q b, amtllMt domain, +nibtwnCY, ieranytlMMts a prr¢xasa,pa urrorvMq 8
<br />bsiratUgi in JpCVOarM, dnan Uan4trpHry pr 'ruatM QVl a+In(Itil Dbrtgttbn ro Dp W
<br />aaq WvO+put tw+res m or osmarad r+Aru! Tnntp, oral n+ttwut rerpamq Trunnr nom
<br />¢nr ebrrgatton naraptaNr, :nay maes p dp the aanut, a1W maY p8y': purCnaae.
<br />~.:nnast p aprrprunesa any sneumtnanxv. cN.pp p hpn, wn5an rn the luogpn+ant e5
<br />4itne, Yecaxs S.~ a!+ap! aaW P`OMriY' it reran»:np arty aucir [+ a :n4
<br />tsenatiCmtY +rr Tryatw Mar unc ant (:Ybtltir and dapann WMta+4r+amaunia.
<br />uReeq Iiia.FWaprninrs cr raaapVliCla atiprn4Ya tea{,, w snsruuta
<br />. anraiipr.. +n+RR bn Iwo°a>aan r. tn,. 0 real ? Unt+N nA allr'te~~t~ i~.rfure
<br />c paY least 8'aS 1,wr. 85FlMe.•tO++U cv It` .~.axa i ue
<br />atx.a lrv,t rneap aucF .Vr+'wr~ w ait•,I M' p¢~YI * a
<br />> >`g+M'n a:~':•, =i+a~a w+tn !ryb r ~ s .e av s +-a: Fxa+rf e,f sw..ulrw: n.~rum
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