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<br />TRUST DEED ~~ _ v ~ ~ ~ <br />THISTRUST DEED, made this /~ day of .raT„t:ary ,19 R3 , <br />be and between: <br />(q) Merlin G. Brenden and Bonnie C. Brenden <br />after caned "Trustor" whose mailing address is <br />,whether one or more, herein- <br />and <br />(B) ,Tnhn A _ wit 1 f <br />as "Trustee" whose mailing <br />address is °. ~. Box 428 Grand Island NE 68802 and <br />(the First National Bank of Grand Island <br />as "Beneficiary" whose malting address is <br />202 Wept Third_~r~~,~a P_ O. Box 176$a Grand Island, NR 68R02 , <br />WITNESSETH: That Trustor, inconsideration of One Dollar ($1.00) and other valuable consideration receipt <br />whereof is Hereby acknowledged, grants, Conveys, sells arty warraitfs to T rustoc, r tt ~ 'ith po,.~r of sa!° the <br />foilawing described property, situated in Ha 11 County, Nebraska: <br />Lot Nineteen (I9), 4Jestroads Estates Fourth Subdivision, Hall County, <br />Nebraska. <br />This real estate conveyed by Trust Deed is substitute collateral for <br />real estate conveyed by Trust Deed dated March 17, 1982, which has been <br />reconveyed to Trustors. <br />The intentton being to convey hereby in absolute title in fee simple, including ail the rights of homestead and <br />dower, together with ail buildings, flxtur@s, improvements and appurtenances thereunto belonging; and all of the <br />foregoing, together wftfi said property are herein referred to as the "Property." <br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained <br />and the payment of the principal sum or One Hundred Thousanc~oliars ($ 100 000 .00 ), <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 piece 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 fhe___17 t h day of hie r;•h , 19 R ~ <br />Trustor and Beneficiary covenant and agree as follows: <br />T Urammtr a TIpR Trrzsiw rE ?awtYily ear:ad or :^a PrUp@.:y n Has qa.l rpnf ar+: <br />bwtut futiwrlty t0 ytl and cOnraT tht PrpRattY. (YAr PtURer(y ,a tree and C!aar at art <br />Ibna tnd mrcumprancea a#Capl #tans rhRw C1 rtltW p. anp iruliOt w:rr warrant ana <br />astgsp iM tltb !a Itro Property vnip Itq Trustee and r!s sutteasora erg enarpna <br />tOtnYm, apatpbi the Ciarma O" IIu Rnraar+s. ?fUStpr, eS ds erpanae, wrh mernia!n ARO <br />PraMrva lha 11en a this That Q@W a8 a +Mn Upon the F'u5t PtOAMtr 5ubleci only t0 <br />mtwmMancsn aabtmq as a iM pate hmaOt. rout levee ,n:s Trust tysad, ana eacn <br />itHdrtltMnf R aupAlemant IR: 8II0. f0 tK tebtl alW rBCUYpap b a miX(pipe O! IM <br />TrYa} Ptpper{Y in>YC?r nynner pM rn aYCll Alm, a+q roof tawe tlYCn otMr actwn as <br />M ttq ONhbrt W Tru>ne may !>0 requited pY anY prasen2 N W tyre law m ;etiiar Ic <br />AeitK4 maMftapt app i#Otatt fha twit p! inm Trust Chap, as rite same may ba from <br />iMq ip i~ atroMao a wf>ptemenaap. <br />i PaPaa~t a Ptgtdpat fed lnbiwt. T:uafot SnWi PvnctUarrT Ray rtw prrntrpat w. <br />aM IMmfal pit, said Wa~rtb 7 npte rntrud 'rp am advances h+eraw as R'ovWap <br />hetan pit try date ibd as the Atapa ana ir, Ina marxrer prer:vred mernrt bM wru <br />pYDdtYaM> pld8tto all apreamayn, COnptliNta ary ArpwElpn9 of any oleo BetuntY <br />1»>tlr+ialaat Qtafa rcr ~wufaetton troth mu'erabaapttpn. <br />~ kMaf>'WpR aed lsahdaefilAa a Y)Opaffa. rryalpe wni opt Cpmmft any wdsia <br />Won bra ?+oearsY aaa wFliy ar an ii*nea, mainuen rite same ix ~a Gram arw <br />G9rldNICa1 Nq c!!i malt!, item hews to :inM. all tepafra.:enawaii teAtaCi!!tienlE, <br />ad0itfoile and +FPprpvanynta wMGtt era 'aasonapry raWafaO 4o p!avan! waSie, <br />~. pr daenprNiOh a aatd AynAM3y, 1'M trYrla;np or irObrovame+lt +tBVr pr <br />ta4aMae erap>ad-trgpn {na Prpaerff aiw@ pa ail .a0. 'ambled Or demohahpd <br />avthput maaiur rpRimt caaeenl m Bm+afrc'ary. <br />a- itarttga Y trawegr. f~i 6'ase W am aamape r, or pea~vcYOn M..ne pundrnpa. <br />++r-!PNneMEaffi ParWrtU au¢rASe}T Cyestiiui:tyr Aar, Rt thlr trust Prtn~artt. wfMtNer <br />tYe1+ f.'Ra ra tpaased Br i:+auran~ Cn` maarw:Ea. T.uat4r. a^ ,;a a0 ant a+xs <br />aaperw, w4' p+pmptb' taetate, +xmNr, rept>rc•@ arR rebrn+p :;1e asn~ s namly as <br />RrloF Geaia te~n>bl8ifiwf pmmaQlaRair prior f=n auch'tantaW or aaatip,:tran C wrin. <br />eves dmrllM antl attiCibM:1 N truatd- may daMr 4Uh`~eiatE G DY!pad au:.fi <br />~»Wa sad aaeraetprsa pp !Nt m»'xlaN} raannn tMr va`ue ana uta+fy Yf aucn <br />hpii~aQtr, ~"._--__-_ and ;:itt!•makiy lr{nt ;hXl 4<4t3~q ~ri~leafeli G'rIN r4 <br />1lrnti ifIY1W9a pY ?FalrVY4'1lOn '+. •Yat[e anmr t» +F+e,IMa !n reimpUt>aanM,4 tram !Me <br />Ty~taatpar #aent M pie Hai la+Far+i* id'rar'.eed> raY'arred @Y Truslae, p~f it+51t is <br />+aesa>ane at Nri astYar ~ aspapdad vnpar tare Arovta+m. <br />S ggrrta4 twao. A Trna4t@+a a ttort~-»tav,..t w:.r no err ty.!nq> :vweaaarY tp <br />Eeeaa+aa fxa saxpp+tpe aaxtaDre-,~,ta a..K lrn.,,p~,,: a« rt,s ~.x :rr,nn stare ss, <br />d taearfrlwr. ',aaem et eta aapa•-~.a ear ^nsro+an, w,t`!, .r* ,v apjrr=a,.wi by <br />~trtw ~+nenee w..e. rrwer, ... ar~.mr..u ~^ysfr <br />cWMU»rkn:.y, eM +"'rkarr~ adara'e, . .. ~ .~~ a?'r3 caner tarr58 <br />!awFed rtF a.ar..1r-d nr:~.-lad . +ti. r anuaFna 44'+au A;. at <br />-tales ' • :ate .. ., ... ... .,, a:x; .. _ <br />a'Aiv a~a.., a~Ar r... ~ .. .. [. ~ ;rrNt°LY* rxFrm> <br />k~W 1-xis :y tw >~.#4:a,.,r a u...w + . , r rire ..,„api,.t :: <br />@apactne Aanrea nn wapranee ponGrea m.mtmned AYrspam to this want Dana <br />:naU name Trustee and i>enetettary as Insuretls. @a ihelr respechve rnleraal> mey <br />aVp@ar, and prWrtle that Ihere 5nar1 pan GantalleifOn O! modnc~atrOn wr1f10Yt <br />'dtenn CaYn error written nolditatrpn !a Tru>t@e antl 88Mficiary. In ipe event any <br />poacy nereunper Is not renewatl on or Detore litieen Gaya Rdar to Rs eaRiratmn <br />sale, Trustee UI Benehciery may procure Huth insurance and the GASt Ihmeof Spell <br />tM alMed to One ban setvr@tl try this Truitt ~e8p and shall bear rntereat et tta <br />q!eatm of the Ktn+Bet rate 4Aecltr9a therein Or It1n highest rntem9l rate eulhOriZed <br />by IM iawe Ut the $fat@ of Nepraaka. Ttuntw shell Oelivnr t0 8eneliclery itte vriglMl <br />PWlCiae Ot irtaUranca and ronawnta tlrerDOt Or rtt@mp Copies Ot such policies antl <br />:@newila tn8rnot. F811Ufe 10 }UrntSh insurance try TrYetor. or renewals es repYirotl <br />ne+eunder shall, et Itre OAtreN; nt BeneliObry, wnDhtute a dataYlt. All uneatited <br />, re hereby assignetl to Trualee es addrhonar security antl a sale antl <br />arayance al ma Property Or rite 1 rUatee shall pRnrale to convey to the purchaser <br />rY TnlE1c+3 rot@reni rn slut t0 a+l w ricreS of rnaurance upon Ina Trust Properly. <br />1 Taaaa and Aaaaaamanis. Truster shall Gay a+1 zaxas aria Special assessments <br />avred cr asaeEanO aglin>t Or due vAOn rite PrORpyty Oefore d@linquenty. atW rote <br />@tiv@f to BaneticrarY tOAr@a of receiptE 9nOwinq pelmenf CI sUCh taxBa dM1 <br />SpeC!ai aaae>srtMnta. it Beneletrary Snail so rapvasi, 7rus[or egrtroe :ndl Inure shed <br />.,e apae0 rn earn parrppit Aavmene reourrrru to oe maps §are e,0er an am vni <br />eatlmatnd try Tfuatee to tr@ au}fiCMnt to BrzdDle rruslor f0 pay,udt leaif O(t Oays <br />68rpra dHengtMnAY. ai+ idxe>, a93aasm@n!S or other Rubric tnarges against ilia <br />°.:st EkUpa!tY. the Noie setured t)Y 'nfs Trust iSaed, ar open a.'caunt a} rite debt or <br />the I.afl W- t"r8 "roar p@@Q tpgaMer with P`em _ms for rRSUran68 regUnptl to tr+ <br />cv:dep :r 5 true; Dead and r. ear ,Han pa GayaMa tc true:~~ <br />Recall tho.a~r. tf~oan damana rY rrpE~@@R r~us:or .nau ca,~.ar to r:,Dt@a a <br />a*q n <br />apCSbOnal sum} O! moony a up any d@trcrPn[`Y in ine <br />amounts raCaswry to aoebte Frvsreaeu Ray any of iM rut@gn+np ,lama- <br />b Additieaal Lteei t=usfOr snen make err Aavm@nla Ot rnler@it antl prrncrper dnd <br />{,>ymenta pt 8nv Rtnm cnaepea, !ann. ar,d nvprh a Cuip+acletl Ia tro Wrd to any <br />ez+Sfing sr@n hpidma a prax Omsetltunea under any Unor Trust DseO, Diwtpage w <br />atner teCw:ty apfeamant, patutR tiW pab tMy are dehnquant site to nay any Otnar <br />claim wnl:nt 'patdrtea l+l@aecur:t;. prantx)harain <br />3 Pya@wunn a BeMitetaly`a BaBfllfh. Shcurd T+~>iGU tau tit make any AeYm@n). <br />!au to po any act »> heath wovMad, pr air acfwn or ArSKeaW rig ra cammenc a <br />whtCn meb,'+HFy ai}8tn Nat»itcriry`B tnlMast in tea Property, b,@fupihq, dui not <br />mnap th. emrneat o-mwn. r=anrYm:y, an»ngermi..;@ o; nr KaDrnna> rnvot:u,q a <br />mr+up; Ur Neca Mr,f. '..ter, s>,xrx~rarV r?!'=n,>tee r.•.rt w+vro,n aatrgatiOn io ao k. <br />sire wrNayax9 nM#a if> M da,earvi uPp!! T+nlstm-and wrtnaut reMaaenp TtUator Hnrrt <br />am r:larlyia+,a+. n@eya.:rtdm :r +- tie :tyr . ma, a+ut may pay. i +ra:naaa <br />aaavxaµ.~camtwnm,ae aerv arrxamo ante. cnarg@er wPnan;n tlm n,_Nenr <br />t-'t>+S> a wean d-'IetF 98r8 RrC@rariT- arratf!ar+np a ua0 , <br />1tYNYtrClar`x c~ i•rq}grr rT >- any :.aUVtrty bME evaaaa whale=a+ -aria <br />=;. a::y, a:x;>Rtramn+efxf a• Db~a al.c r'1*«v>' .r H<~t8 <br />- -zasrry.. v ^i ,recreate=. war r - e .a .. -. <br />4' - lie *ar;e~ 9fl+ <br />e.. - .. E1a+Wrn$ <br />~...a qn. x eva?rs w.. v, s„a, .a s.,...mk e~ 5a+.::rar4 natvttY <br />