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83--~Op~3° <br />TRUST DEED <br />THiS TRUST DEED, made this 24th day of JANUARY , ig 83 , <br />be and betwesn: <br />(q) MICAAEL C. BALL & ELIZABETH R. BALL, HUSBAND AND WIFE OF EACH OTHER AND EACH IN HIS OR <br />HER OWN RIGHT ,whether one or more, herein- <br />after Gaited "Trustor" whose mailing address is 1521 NORTH LOCUST GRAND ISLAND NE 68801 <br />and <br />(B~ JOHN A WOLF ATTORNEY AT LAW <br />as "Trustee" whose mailing <br />address is P 0 BOX 428 GRAND ISLAND NE 68802 and <br />(C) FIRST SAVINGS COMPANY <br />as "Beneficiary" whose mailing address is <br />P. 0. BOX 1566, GRAND ISLAND, NE 6$802 , <br />WlTNESSETH: That Trustor, in consideration of One Dollar ($1.00) and other valuable consideration receipt <br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the <br />following described property, situated in 1L~LL County, Nebraska: <br />NORTH HALF (n'?g) OF LOT FIVE (S) BLOCK EIGHTY-FIVE (85) IN WHEELER AND BENNETT'S <br />FOURTH ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The Intention being to convey hereby in absolute title in fee simple, including all the rights of homestead and <br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and alt of the <br />foregoing, together with said property are herein referred to as the "Property." <br />FOR THE PURPOSE OF SECURING performance of each aggreement and covenant of Trustor herein contained <br />and the payment of the principal sum of 4N~ ~x~~i~~ND 1''IFT'Y-FOUR Dollars ($ 10.054.23 ), <br />as evidenced by a promissory Hate bearing even date at the rates of interest thereon which may hereafter be paid <br />or advanced under the terms of this Trust Dead; both principal sum and interest thereon being payable according <br />to terms sat 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, shaft t>e due and payable on the 24th day of JANUARY , 19 90 . <br />Trustor and Beneficiary covenant and agree as follows: <br />t. WYltltb' a TIIM. TrunWr is lawful+y 5er20d of iM Propene; n Ms pogo ngnr sod <br />lawful tutrlOrify to NII iM convey IM Properly: itro PrdpenY rs free arq char of an <br />tiefia and entUmbrencea axcaoi hand rrow of record: orb Trvamr wdr we+rant acrd <br />fNfwM [M bbe to Ine Pmps[tY uM0 lne 7ruatce and rte aucceaepes aM aes,pns <br />}Or{vN. tpa{Ml iM cl{imE O{ ail peripna T<UitOr, a; rte expenBe. wUl mainl0rn aM <br />preetrye iM Mn pi thif TIUnt Uaetl N t Iron upon IM Trust Property subleCt Only to <br />aictrmbnnuafa4fting as OI IM dill heraol, Wrii Cau}e ImS Trust LJeetl, arM aacn <br />ArrAntlmtnl ay nuppiempnt thenb, to W !lied antl reGwded an n rrw+tpig{ at me <br />Tnul Prpptrty {n }yGn,ninrbf antl m 6uWf place, end well likn wcR other aclron e} <br />in tM opinion of Trustee may M rpurced M any M-Baent pr !ueura ,aw m antler to <br />perlad4 tnAfnlain aM proliGl iM 1ron of !RIS Trust Deep, ae IM sirtw may ba from <br />tuna IO tbM tm{ntled I# suOpi@Inenlad. <br />2. -t~wNpi ~ PrbttpN and MIMt{4 Ttusia aMn punct WI!Y WrY tM prtnGpal al, <br />arq intNfat on, aaW pramiaeoty rrofe includrnp anY' adrarrcea :nerftp aE provsdetl <br />tbstin on iM Gatsa aM at iM pta~ an0 !n tM rtawnw prpwtlea tnerain a+W wit: <br />pundlWily paytIXm iii igrpfmflfta. FOMiltpni and 7NaviSiOM O: any atnpr SeGUnt} <br />IMtruafenE giwnlis COnntCUOn wain this banatCbpn. <br />& Pr'{tirwtian arrd MaMitn{rrmt tl Property. Traitor wdt rbt Gwnmp anY waaia <br />upprs tM ProntrtY ind wlh. at art pme}, malnieln the name to g60o adW orb <br />CIX18ii70n antl will m{kt from bma t0 fimn, ail rapauS, renewa!5. repraGemE!•ts. <br />1ttpNMi Aetl rmprarMAnh w nrAlpnabiY regYi[wd ie prev@nl waBle, <br />4mpNrtnBr+4 a delirioratwn a laid pmpeefY. No bueiotng or imprOYwnwnl now ar <br />tttrta{tiY frtFtfd upon 1M PiaPM1Y dhi11 i!e aharea, raaeoYao Crc dnma,shea <br />'wiiaoui bliprloY YwdttaSrNt-Y11 d BtnBbrvuy, <br />{. ~ b PraptrQr_ fn Gafa W any Oa,:+agn t0, or dA4rucNM of, LM truaidi+rGa, <br />lmpr¢YtmatLa oTRO. tank PYOV{*ty eoMi:lutmp Part of !na Trua. Property. wMtMy <br />iUOn Yeti eb F4v{YW JYy 1natNf+rCf Qr c±nxwcse, Trv:stor, a' ~t adse cca! ar,0 <br />_ __ ___ . __ __ _ __ ,v' tM sores aS nBArry as <br />KfptMt§rt twfta ~dt{~ Ymntidiilary awn to such damage at daaLVUCtto++ar won <br />6ubff 41Mngt{ saN AfifytlroYq as T,uytIN maY 3nen, apprOprwta D'ow0@d svCh <br />FMnQwi and alltritiMe +}a n6! maiartApY -~sinn tMt vAluf arN atlf'!lY Oi wtn <br />BiplGirl§i. Hlrpr{+YafilMtf li!A DittonilltY trfR 4hdt ear3irnp •nfrned+ilNy prror Fa <br />awGn da+Mgf +X dt{trUFilPn- Trualot ehn11 dB 4nt.tt,Ia to rermbOryenYert! !tom ;nn <br />Tnmtsta tas4aSet,tW tM flfi wtfuliaKf PsaCfada lCewetl }y iryflf0. tWS OnrY h0 <br />IfU fitMt rrr rM tpipa% aam aiU{oAid UMN itue prUr+fw?n. <br />§ P.iyr{rt11t TntrtlM_ d TiU}lur 3E i <,'+4vPNatrpf-. z! wtu Ur an th! .ja rwt;essa±y tv <br />ff+{{tt'vf !Ti aatpoyiNl axgWAGa, f'.pnt• arHd br:viFfpei Uiute? Snd t®xb O} !np eteie W <br />Ba atpaapC!Ai+r.Mp <br />B bMllitrrYt-, Teufi+ar, f. :p, @rPwMa, w .xce!e.: x+ee w + +rb ippr s :'. <br />RrrMtiawY. frrwwa>•av won rin+a M *-rs s+m rt~norena ~3e=~+st am ~pa~z,,+xaa D:v,.wr;r_ <br />::=x+fbwtABp aM Prsa,frm ipf,.at Was rr irca r:ywia.,rr,i; h..ws<;. ant e=prey po-~sa <br />°'.zeYfrtd d+r itszxrwyd a+sw aiaro .:=mpaaa axK,.-. - xrpa.M wow! rc at <br />aa1 onw h1++~irad yHG@hS a> two !, iajWawA- . .. U,. ! n =,:+ancf <br />fp~r.Kr aaeL^ot wi +swarVda irw• •... a+n„,::a t,. • wrxwd flr m.. <br />ea4 Ysbe±ntmf ~+ sew. w>=rca~•~.. ~•x afl tco w~m,v w.rrro se~ <br />;'>%~ew--'a»a~x - r^AecS+ s~w,.epi~swrY=r <br />m• s w s~, >~.w r,~~. .,. . _ s - . a.~a~b - i..._ awrz- .a ,r,d <br />+EnpaCbye partrel. Ail rn5wartce pOI1C,es maintained pursuant l0 thi3 TYUaI DBeO <br />snap name Trvatee an0 BenahClary an rnaurede, aB lMir feBpeCpve mterB818 may <br />appear. and prpYrtle Thal IMre snail ba n0 cdncellatlon or mOditication w11hOU1 <br />hlteen data prror wrpten nopNtanpn to Truntee antl BBMbCIery- to tM avant any <br />VahGy tyreuMar le nqt renewed on or MfOre fifteen tley9 prior 10 tts ezpiralion <br />tlale, TrvEYee or 8enellcrary may prpGUre ouch msuranGE antl iM cast lnertl0l shall <br />Da adtlM to tM !pan natured by this Trust Deed eM shall near mlereal aI the <br />greiiN Of tM m10reB1 rate apeGiftBtl IMram Or IM hrgne8t lnlere8t rate eulMnZnd <br />DY tM taws of IM Slate of Nebraska Trueior aMU dBilver l0 BaMtltrary IM arlginel <br />VOirGrBS OI Inaur BntB end ranewni3 In@teol Of memo GOpIB9 Of auto pOii0leE antl <br />is Ihereot. FapprB t0 fwnrsM1 msuranco by TNSIOr, or renewals ee requfre0 <br />nEreunder snail, dt iM pPUOn pt 88MticlerY. cpMbtute a tleteult. All unearned <br />B nerepy assrpned to TruSiBe as adduional aecuruq antl d sAle And <br />of iM PeOpBrty Dy IIro Trustee snail operate io convey to IRB purcnBSer <br />nhe Terusto~ s In{Brest m and to au ppliciaS CI Insurance upon tM Trust Properly <br />~ Ttiq iptl A{NfirMnb. Tru910f 51,ei1 pay alt laxBB and apeCrol 8a865Bmenle <br />avlM ar a5seased against ur due upon the Properly Detwe delinquency, and will <br />„e.hv9t tp BAMtiGwry eOpres Ot eneerpta stwwmg paYrpertt o van lasaa And <br />^eCNI assessm@nis. Ii 8eneticrary snail sp request, crustal agrexs iMt iMrB snail <br />^e added to eacR aanu<;rc pdymant raquhao tp be matla ReefunUer An amount <br />estimattb DY Trusi¢E tU t>e sufficient t0 enable Trustor to pay. a: (east 3C aaya <br />aafar¢ dehnpu¢nCy, an tafEe. as5essmems O+ O.R¢r VubllC sharp@s dgalnet ine <br />Trust PraDeriY. Ine Note secured Dy'nrs Trust Dead, ar upiln account p[ Ine debt or <br />s uan o! this Trust D¢ed, lagnlner wI;R Rremwnts N+ rn, a rByuved to oU <br />UvlUesi! G er tms TrUSf Deed a ¢sl 5hd11 D¢SparabfB to Truster in <br />respecf tnwraot Upon Demand by Trusiae, tTrusiar shah Ueirver t0 7ruslea SUCK <br />addpbnel Bums of m Hey as are rretE}Sary la makB ep any dBficlenCy rn rna <br />a.t Donis nBCBSSarY:G enable Trustee tU pay arty al Itro rp,Bpomp h@ms. <br />a AdMlbrul LNne. it„}ipr shall mahB ah payments Ot Into*eal end prVOCrpal arW <br />Ceymenle Vt any p[RBI cRa[pea, taear and expenae4 FUnlraFiftl ip tM 9A10 tU any <br />9aiBbnG'+en noklars a Rria+oeMitFianee under anY prror rrnet pond, Maripage or <br />::fMr sbCUri1Y iglea.r•en4 bettlce tM pate fMY Ara dahnquetu 8nd tp paY any Diner <br />claim when }AOpardliea IM aeeuriry $ranied Mrem. <br />ProltFtWn of liMhsltry't B{oorly'. GRUUFd TrUelor tau tU mike anY {1nYmnnt, <br />tali tU db anY ACt to tttrroin G+lwbftl, M h any ACibn W prgttatl4rip IS tOnimBnm,d <br />wfi,cn mil~a4ly t*1Kis BeneriClary'E minreat ire fM Rrbp{rly, {nGUd+hg, but opt <br />/rmfiM fp. fineMnt doym,m, mEWVenCY. n anpements Or peen:rredings mvpivu+p e <br />DaMtNPi ar del:adBnl, tRair 8axfdf:c[arY Gr rTnrai@e 9Ui wllnaut UbitgOlipn is dp sp. <br />wttMVi nbbci l0 r+r dartWnd URpu iruSlOe, AMt wAhpU! eA!eaSp,g 7<U31a: from <br />any GpapA»a•? hnewurMee. m `•roka ae n0 rrta SAmf, spa meY pwY. purrnpae, <br />.wt-^xs•mp: onnn,+anye c~.>amrarr,t;e.. rnargu u, nh:n l:r malwGBmanlM <br />rvriRBr + 4 iC 5hW;i a V F!pie@+tY. aFlnG A vr:h [h+w~prb tnx <br />aeewe rc . tabihnxana a+nanay w~nacn.er am,xmta <br />~ru-r. ,, xai >rnas`+ensa o+ro ;:alxa a;i.andya'Baa.« xb:GariB <br />vvaa;.;,.. m <br />.. _ _. _ maa,~ <br />,.. - w tw,err,.,a•r ~~ - <br />+.usas.r. _ .r ha. a.r m, <br />,.. a« .. ,... r+k «.s, rx ..,.,., < ..=t..M.r= r«, ,., wo •,E.,n+x <br />