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<br />,~' .; ~ ; TRUST DEED $3_.,. X00638
<br />THIS TRWST DEED, made this 28th day of JANUARY 19 83
<br />be and between:
<br />(A) RICHARD F. WERNER AND MAUREEN A. WERNER, HUSBAND AND WIFE OF EACH OTHER AND EACH IN HIS
<br />AND HER OWN RIGHT ,whether one or more, herein-
<br />after-called "Trustor" whose mailing address is 3944 WEST HAMPTON ROAD
<br />GRAND ISLAND, NE 68801 and
<br />(g) JOHN A. WOLF
<br />ATTORNEY AT LAW 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 68802
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($1.00} and other vafuabie consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, intrust, with power of sale, the
<br />following described property, situated in HALL COUNTY County, Nebraska:
<br />LOT TWENTY EIGHT (28), KENTISH HILLS SUBDIVISION, LOCATED ZN THE SOUTH HALF
<br />OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER (S'~NW1~Stf~) OF SECTION
<br />TWENTY FIVE (25), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10), WEST OF THE
<br />6TH P.M., HALL COUNTY, NEBRASKA
<br />The Intention being to convey hereby in absolute title in fee stmple, including ail the rights of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and aH of the
<br />foregoing, together with said property are herein referred to as the "Property."
<br />FOR THE PURPOSEOF SECURING pr~ar,~9fSg~he~ covenant of Trustor herein contained
<br />and the payment Of theprlncipalsumofl;HlRTV NINF Axn s5/100--Doilars($~@439.55 },
<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, shalt be due and payable on the 28th day of JAIIUARY 1g 1990 ,
<br />Trustor and Beneficiary covenant and agree as follows:
<br />i. Wanaaly of TINA. Tmetof is {ewiullY selZatl of the hoparry; ii has good right arW
<br />1awWi aulhpdty to bell arW convey its PrgDprty; IM Woperty is ttN and c Wr of all
<br />OeM sent enoumiXancea except flans new of record; arW Trustor will warrant and
<br />defend tM lld@ to tM Property unto Me Truaiw and us succasaors arW assigns
<br />tW8Y5(, agllnat tM ClAinea Oi 811 parsons. TNbtor, at da expanse. Will mainUln antl
<br />waterw tM lien of this Trust OeeC ss a lien upon tM Trust Property subject only to
<br />en<ummnce8 aatalinq aB of tM date hereof, W III CBUSe 1h18 That Oaad, antl wCh
<br />BmWtdrMni or auppfament iharato, to M Iibd antl cecWdeO as a mortgage of tM
<br />Trust Property In ouch manner and in such place, antl will take such other a<tbn as
<br />In tM oplMOn of Trustee may M reuulred by eM Present or future law in order to
<br />perfect. nu}ntat(t antl Protect EM lien of ln{e Trust Deetl, as IM same may ire Irom
<br />tb{te to Ikea tnwrrdad or auppiemented.
<br />2 PfymMt{ W Pr{ttafPN aM 1MrMt. TrustW aha{I punetualty pay its Prineiaat of.
<br />and irt!•raak on, said promissory trots :ncWtliag any advances tMretp as pmrMed
<br />Mrain an 1M tlat~a Dntl al the place arts In its manner provided IMrein and wdi
<br />pdn<twpy psr{wm alt agreements. tondprons aM provlsron3 of any other security
<br />iruttumaht gives In connac!{on with ttd8 tran6aCti0n.
<br />3. ~IWIYatIMt apd Magttaeattaa b wePartY- Trv6tD( Will opt commit any waale
<br />upon tM PtDParb am wNi. at sit times, maintain tM same In good order and
<br />Conditbd aAtl wl{i make, front tilts fo time, an rBPaUS, renBwai0. replacements.
<br />add}gmu:aerd lmprdvatrtbten which are 7easOnaD1Y repuhgd to Prswmt waste,
<br />knpafirrmail,.w.datariWatipn of saw ga{MrtY, No bui{tlirp or improremaat now or
<br />ha{M}IN angled utatp tM Property shall M altered, removed a demdiahed
<br />+rltMwtiMprbr wrkttea_eDnaenf W BarutiGary.
<br />a, ~!aM m0 e~arq. in case W spy damage lq to destruction ot, tM tatiklmga,
<br />fil)prpy@}tjQ,ty.orparaONl property catahtutllW part of tM Trust PropadY. whether
<br />such lOBf 15 CPYliaO by imiWire<b Or Oliwrwi8& TruatOr. at its aOb LOet ar>d
<br />axpLL+a@, wtlt prprtlpi)y roaiats. 'eWtr, rep+ac@ and rabuiiC tM same as neatly es
<br />practltabie..{412saopd/tiatl+nrnadixtNY prior {PSUth demaps ardea{slrt[bnp Wi1H
<br />fUCh cMlHiaa sad aitafalipna u Trua{u may deem aDRropriate arorwed wcn
<br />~lgM and aifarah9M d0 not ma{erlAfiy 3aasen its q{w and Olitfly 01 such
<br />bulb'~^Qa, irYrPTd'umMfa and pNaWtality feom that ealattap imwwdiaiNy pna to
<br />auto damps m dKtrdC'.rbk5. Tyaatpr 4MB baantUNd SP rr@rFWuraentant Nom tM
<br />Trualee to its elcant,of tM<wt uteurartw pror:attda raceivW by Truatp, ttut only to
<br />tMaateld W tMa6tua! aaaaaWUww etraiar floe prdYisW3t
<br />M1 CagseaU TnNta, H TrptUw M • torp,xMtart it wID Ma aP tmngb nacaaaary Id
<br />paaMra Eta p WpWata aahtl,eede., ryAta aru{ maruagae unde+ IM sawf Df pM slats of
<br />af,ncgprlYa{Farr.
<br />tR aga911Hf.-?R„a#N. ar tta rlpalafa. wig mathtaa .elm mwro*a approrW M
<br />t>NI+,NK:lany~ rrtaW YU.a witAy +aapaCi io {M i+~Yrp,bmifAa and pergdriat pto;Mr{Y.
<br />SunU{,at~q ra,a P,opa,tY apsuta+ .ryf 3 fits, gtthk+inB. IRUnidp_ arw utter petits
<br />a:rlarad try atahlard atjanda,t caraatk a~Yairna?t, tM1 M amdum agWt i6 at
<br />4aMt ~ CcapW tu•~rti ~ r fM (Xis raA4t MnaA1 ralu9 TZ~Fnk av+5! anecFaMCe
<br />agai~al wc" "tt.W •a: V la tv~ i;:aueF anlouros as at <uetranNity Gatrt~ a) UwMra
<br />ar+! ,SW'rl..v :w a~.i~a+ Pr{+par78ia and as Maa3ke,vy 'naT !a8a4a ten 'fa
<br />~A!F,Itt! r•vat@r M:1 <9yY+piY yT.{h fsna 6'91lat +anvrrFraWrFa >A q!4%arrCl3rY m?£
<br />Ntac I-~+e it `=[rf r1lervaat kw thY p+,5al51tiw. ^r fMk'anca vk [Aa rt9aeaat rd trta
<br />reape<t{va parties Ah Insurance poli<lep maintained Dureuanl to this Trust Deatl
<br />snail name Trustee antl Beneh<iery es Insureds, as iMlr rBHpectlve inlBresle may
<br />appear, antl proritle tMt there shall M no cancellation or motlificailOn without
<br />IitteM tlga ptuN written notilitaiton to Tru6tea antl Banetlclery. In the event any
<br />policy Mreuntler is not renewed on or Mfore Nilsen days prior to Its eaplrahon
<br />date, Trustee or Beneiltfary maX Procure such insurance antl the Cos{ iher@ol shall
<br />M added to [M loin Secured by this Trust Deed And shell beer Intelesf et Ins
<br />greater Ot IM Interest ret@ bpecitbd herein Or 1M highest inlereat rate auttwrized
<br />M lM laws of its Slate of Nebraska. Trustor aMli deliver to Benelicfary its original
<br />poicies Of IRlurdn<e antl renewete thereof Or memo copies o{ w<h pollclBa and
<br />ren8wala ineraol. Failure to IurMSh insrrance try+ Trustor, or renewals as re@uirad
<br />her@under shell, al tM option of Bertefi<iery, constitute a tlefaull. Afl urroarnatl
<br />premiums are Mreoy asaigrretl to Trmtee as aeditlonal seeuriry ane a sale end
<br />- nvayance of tM Property by the TNStee shall operate to convey to th@ purchaser
<br />the Trvstor'a interest in antl to all policies of insurance upon tM Trust Property.
<br />7 TaxN aIW Maastmtant0. Trustor sMl1 pay all tease and sDe<lal asbBasmant9
<br />leyietl or assessed against or due upon the Property before eellnpuancy, avid will
<br />delver to 8eneliclary copies of receipts snowing payment of such {axes and
<br />special asse95men[S. It 6enetlciary Shell 8o repuest, T1UStor egree5 that there Snell
<br />M added to seen periodic payment repuiretl to M made nereurWer an amount
<br />estimated by Trustee !o be 5utti<ient to eneWe Trustor to pay. al least 30 days
<br />before tlelinQuency, alt teSBA aaseasmenta or o1Mr public charges egainSl tM
<br />Truss Property, its Note secured by :his Trust Deed, Pr upon account of the tlebt or
<br />tM lien of this Trust Deed, together with premiums fw insurance reyuuetl to de
<br />provided urWer mss Trust Geed and rro imerest sMli M Cayabie to Trusiar In
<br />resDeet {Hereof. UDOn demand by Trustee, TmstW shell delwer to Trustee such
<br />adds{tonal gums pi money as are necessary to make uR any deilciency +n iris
<br />amounts necessary to ananle Trustee [o pay any of the loregomg items.
<br />°. 0.dtlitipnal Liana. Trustor fMil make ail payments of miar@st and prlttcipal antl
<br />payrMnin DI anY other triages teas, arts expenses conbacted to be geld to any
<br />exlshrtg lien MMsrs dr prior DenHlciufea Under any Priru Trust DeW, MWigage or
<br />pttua Becurlty agreanlani, Mtdra its tlate iMy aro dahiuTueM:M to pay any oiMr
<br />Uflm whkh jeopardfzaa 4MSecwity granted M+ein.
<br />g. Protwllae W 81MIIdary'a Sadu{tiy. Should Trustor fell io make inY OaYmenl,
<br />fag to tlo any aol aB herNn provided, n; ti arty aetbn W DedeeWipq 4a tommarkea
<br />wnitn matarlady atte<tn lierntWtary'S mlanat {n tM Prop+rtY, inolualnq, but nut
<br />hmitad to, eminent dtunam. 1nsr5iranoY. arranpementa or procaadmBa mmMinp a
<br />MruuuDt or tlacrwen4 IFlM Baneti<lary or Trustee 4u1 wrtnout obligation to ao so,
<br />ant{ WlihOet rWtiGa to of tl8lrritW upon Trusipt. and Wtlhout reiea9lm) TNSIW from
<br />arty ohilga{bn hereurWar, m8Y make o+ do tM eam+a, am] may Ray. Rur<Meq
<br /><OntMt ar LOmDrumrsaanY anCUrMUama, <Mrge or elan, which +n its iutlgerr,eni of
<br />Ittwr appears t0 aFtePt Said Property; to eve:<+ahp sty au<n Rowse tM
<br />BanafiiNgrY Or Trieaua may inoUr any itabftitY arW ertparM wHatevar amounia,
<br />nvcluding dtaoWaanlanta et /waonarm attOnMy s tare, whim m e1letr aWWute
<br />d}adrtt3Pn, may !>b ne<aasaw ;n rive aYani tMt Tmbtpr sMi! tan to prn<u,W
<br />:naUrawm ur in pay levee, and aD&:lal abseasmatt{a .! to make arty YaYnlenia la!
<br />axistkrg nv ({±+?H 3yn tL+aidefa c llana!x+ans3. the f3eelelw;,ery miY V ~'vtN ev Yr
<br />=>•aaranGe gnu make awG!+G yiM~sfa .§ uaa ,~ nF] „r aq?@rrdeu C, 0@nbtecarY
<br />•, rvv3aa rn aavuua,:ee with tMx R=GV+aalru Ar Ina l-vat lbau am sect+ad I+erebr
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