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<br />- recorded 83 -- 00025
<br />g3-- tJ003� TRUST DEfD :
<br />THIS TRUST DEED, made this j°� day of Tanu ary 19 81
<br />P be and between:
<br />i (A) Merlin G. Brenden and Bonnie C. Brenden
<br />whether one or more, herein-
<br />_ after called "Trustor" whose mailing address Is
<br />and
<br />(B) John A_ wolf
<br />_ as "Trustee" whose mailing
<br />addresses P. O' Box 428 Grand Island NE 68802 and
<br />((the -First National Bank of Grand Island
<br />as "Beneficiary" whose mailing address is
<br />202 woet Third Sure n Box 1768,, Grand Taland, NE 619802
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof Is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale; the
<br />following described property, situated In _ Ha I t County, Nebraska:
<br />Lot Nineteen (19 ), westroads Estates Fourth Subdivision, Hall County,
<br />Nebraska.
<br />This real estate conveyed by Trust Deed is substitute collateral for
<br />real estate conveyed by Trust Deed dated March 17, 1982, which has been
<br />reconveyed to Trustors.
<br />The intention being to convey hereby in absolute title in fee simple, including all the rights of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum of One Hundred ThousandDol Jars ($ 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 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_ i 7th day of Ma rch '19 83
<br />Trustor and Beneficiary covenant and agree as follows:
<br />I- WaNaaty W infla. Trustor is )&*tufty served of the Poultry: It has good right ono
<br />lawlu O
<br />t "I Only to nit and MAWY the Pfotrerty: the P ee Property IS fl and clear of all
<br />I'6nt ant srou.Wancee ""Pt fist. pro* of 1-0; antl Trusty% will *anent end
<br />distend the ttta to the Not," unto the Tru.lae and ns euceasaera ant s"na
<br />topes*. &get- the cefrea W ad persona. TfuStW, at Ila expense, will nulotain and
<br />Westerns the flan of this Trust Dees As a ilaf upon the Trust Property a.01 1 M1y to
<br />ONN"ribfencaa Sidthep W at the data hsaol, will cause this Trust Dead, se each
<br />epyandnwrit w supplement ttsmta, to W died AM recoreed as a martgaga of the
<br />Trust Property In aunt rnahnwr and m such plate, and wid take —h OU- action As
<br />in iM &Pinion W Truant rsay M requuW by any present w future aw in older to
<br />perfect; mWnein ant fifPtagt the Ion of this Trust Deed, As the sorts may to hen,
<br />MAQ to fires slrrandsd at auApfemenl.d.
<br />2 PaJatMg M W WipW wed Mistreat Truafar sail purcAuWhy pay tee pnxnw ot,
<br />ant kftl- -t o", weld P"Whiceary Trott inclading any Adya,cea thereto are F—laea
<br />hereon M the am" end at the of... ant in tie hwnnw P —reard heroin aM win
<br />p4netpdiy
<br />Vientiane ad aplwapMnia, conditions And p owstona W Any l met eacufdy
<br />ihatnpronf glyss of ...action wistt this tranaectiah.
<br />8. thaaefaAatf. wee Mahftuweea ae Property. Trustor will hill commit any *awe
<br />upQn. dw- Prcoslty and add, b ad tunes, matntan this same to gbod Older ant
<br />oandipM wee will Maas, from dfiR to the, ad pale:- r-A— twoeeemenie,
<br />edaktgya and miptvanfsds which at* masonabty reauiwo to playa. wnie,
<br />Mplbthahli er tlNeiMatbtf of said isoparly. No bultd r Q m tmp —rant low w
<br />thrratey_'ewg+w iron. fie p rrpatty ahak No aired, repeals or dehiaaehad
<br />wdfloul ilaatatp WaW#ito terpar,tral Beneficiary.
<br />F. B'aMla fV Rls"ift M talee of ant denial i0. N destruction at, The ouikaihpE
<br />nHpfonrbentw as battened At"." CAnathuttg part bI the Tru.t Woparty_ whetter
<br />wewf, to" is borrowed by insistence on att..rit". itusor, at its —4 cast AM
<br />a"agte. rig orenPby Wasters, fsbfla, repiee wee rabOud tee saes ss newrry ea
<br />p�acBaaa .ato ftanoaditkayVenseeflati Palo, Msuch it—". ar cashuctne, or wn.
<br />soda bargee and afaYetbpa sus Trustor inert deem aboropnale Pf —)fed such
<br />"am" ant 4#00000- dA hal hatAtst(y lateen tfs late ant unfdY w such
<br />"AbasenehM ant O.-theub ham that —V all z .hnadaaeYY p,, to
<br />amt rlMros0lt a es}yists . Those. )ten be enbnert IO reunputasnwnt nom its
<br />Teemeta It.00-he otttw rest laawanev aruce+sa Ysaesead ay Trustaa, but only to
<br />Iar alleal"A thaectwlaaah saaaMadwNer ltd&tNOdwsnrl.
<br />9 Ulfpltata via" b Thustat s. c aiaie, af, if .4, M an thtnp. f5 ashy to
<br />a,anrtr As, 4aepdaMasieas_ np}u. she pw ;egea M. the to *.,A the .tat. W
<br />kasYdayl�iaa.
<br />lie bmwaafte. Threats, .4 this era lessen yKn +nsetMan with 'sn.wgr. appr[waa b,
<br />. +asolmaro *say tswseet W me xnprMwffiMwla and b.raevbF W rpafly,
<br />s&4w.iddufip has fit,- agakwr was ax fen. IN IM" Ic> or, sari On., plan.
<br />oblifl W"*460"4 A AA`aAG 4awe.dA fit . try hn enethn soWt to s
<br />)seal .fro ftom~ Pastern al W. nee 1wV_A M ,r .'aF.da one sol: a" 6^e?l _.
<br />�_ fef he -,*al n— amGYrnf.e+. iYSfawWNy f: #EtH%f of .w'IyRra
<br />.N¢ ne.4XA1a -s,3 —As, Wevenr.. and e. aahanc —I ma, •AquWA tJ da
<br />,, avast.. wui ea " a?ft kW .. M' YM stub hnxvPde an 8P1Hf ter,, —,
<br />s't#h am - craw, na w.el - t^! b" hY[fi3M! a, ?. 3+s, LN � the infe!est ai mR
<br />restfadtive *rues. Ali Ina..— rattles malntained pumuent to this Trust Deed
<br />shall name Trustee are Beneficiary As insureds, As their respeah" Interests they
<br />appear, are Provide that there shall be na cancallation or modifiCalion without
<br />fifteen days prof written nanNCaMn to Trustee ant. Beneticlery. In the event any
<br />policy heteuridw is hot rerewed on or Webs fifteen days prior to Its espliatbn
<br />date. Trustee or Beneficiary may procure such Inaulance and the Oast thereof shall
<br />be added to the ban •ec.ad by this Trust Dead and staff bear Interest at tee
<br />greater of tee irnamet tale specified th rnon m the highest interest rate authorized
<br />by the taws of the State of Natn"Ist. Truator Shall dell9ef to Baneffcrory, the Original
<br />policies of insurance and rererals thereof or memo copies of such policies and
<br />reMwais thereof. Fenure to fumiah Insurable by Truatw, or retrial u required
<br />hereunder shall, at lire option of Saneticiary, constitute a default. All urwuhed
<br />pr—,a— are hereby assigned to Trustee as additional se—thy and a ..)A and
<br />onreyar,ca W the Property try the Trustee shad operate to convey to the purchaser
<br />trw TruslaW's mteresl in antl to ail policies of insurance upon the Trust Property.
<br />7. T.-had A1aMamarits. Trustor shall pay All ioxen ant west assaaemMte
<br />evled or assessed against or due upon the Property before delinquency, and will
<br />deliver to Beneficiary copies of fecsipta showing payment of suet taxes and
<br />acacia assn —a Brits- it Bereficlary snail so request. Trustor agree. that Inert shell
<br />to added to each periadlc payment racuirod to be made hasuntler an amount
<br />estimated by Tlualee to Qs, sufitlent to —bie Trusiof to pay. a least dd days
<br />fef.e defulquancy, air lazes: asaesamen. or M. public charges against the
<br />''rust Property, IM Nda secured QY :his Trust Dead, at upan accouhi of the debt o,
<br />1ne lien of this Tnfs! Deed, together with Pratt— for umurame Muffed to be
<br />piaNaed Under In,$ Trust Deed and My interest shall be payable to Trustor In
<br />li•saect thereof Unon demand by Trustee. TrusIV shall del— to Trustee such
<br />addntnaf sums of --y .S hie _y to make up any dencraney la the
<br />...,Me necessity to enable Trua,ee to bay any of the fufagotng rain..
<br />8 AAdlderwi Lt.. Trustor .Mil —a. an ",—nth of .tereel ant princ5p&Y and
<br />payme.s W any ems charge", tees, ono i,pens" contacted to be paid to any
<br />..rating Iron hoiden Or Prey ben.tenows under say or- Trust bleed, Mortgage al
<br />chic, --ty praeresi hot— its dal. they s. aerutinienl iM to Pay .ny other
<br />Lis. which faopardlM tie —..IV granisd teen.
<br />g Pro*~ at aeealloiery'a Baou ty should Trustar fail to make any payment.
<br />tall b do uw Act as hanM O(Oeltled, Or It any talon Or prolanoeg 1s, commenced
<br />Which tha furady afoot. @anatkdery's ntseat In the Properly. Including, but not
<br />lami"n"as to. eafrhent dismal., ihHONgndy..Han"roam. Or 4 oGeedyngs invoRhe a
<br />oar hsol. w aeasoarn. that beneficiary Or Trustee tut without otAr"llM 10 do e4
<br />AM waueut nohos m arderharne upon Travail, AM without faenmg 11w fro.
<br />R-ny ooNpaltoo h rnhuhWr, they mall. Or do the same, ant may -v Purchase.
<br />,irlfes e, — haromvee env erYCambyaM.a. ohaga a Win, wnich in fib "daemon, of
<br />aniw✓ ancesn to .)tell said P�c!cerly. in expldalnp any such powers ins
<br />dtahsK.e1V
<br />an Trustee may a •Or My .*NW ant exrgnd wia— afhounis
<br />_"oiling dSabiMAaibets at a-wor bre &I,-- s e—a..n !, er xQ.M++e
<br />-1 K stK.Sn, fray be n1ke.Mn' r, the —1 that fry-ahx slip) 1. , h I——
<br />knry nr n'>•.e tq� eRadaF's ry' t~txtArss, f ♦ e.i+e§.s. m f ort'R'ura .udh
<br />!i:+fikNt.. Xatif �".t. Wxc,rt P- vS�hxer.ra Ai* yi.+.e - +Ct!rfad M axt' ended nr ll.fie!iCeiy
<br />,n 'gvii+-'Y..n�sr3d+x. s,th iii! r.. +•t §sv+tY a t..,,{ t,u.t i>•!.o .ice s4- �!'M: MYehY
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