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<br />TRUST DEED CORRECTIVE DEED
<br />TH{S TRUST DEED, made this gl day of December , 19 S2 ,
<br />be and between:
<br />{A} Schugpan's Sales & Service Inc.
<br />whether one or more; herein-
<br />after calied `"Truster" whose malting address is
<br />(B)
<br />and
<br />as "Trustee" whose mailing
<br />addreSSi3_,,>? 0 R v /,guy r_+-a++.7 TGlantt Nahracka fiRR(t7 and
<br />(G}
<br />The--.Shat National Baa3r of Grand Islam as "Beneficiary" whose mailing address is
<br />202 West Third Street P 0 Box 1768 Grand Island NE 68802 ,
<br />WITNES$ETH: That Trustor, in consideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale; the
<br />following described property, situated in Hall County, Nebraska:
<br />Per attached Exhibit A
<br />The intention being to convey hereby in absolute title in fee simple, Including all the rights of homestead. and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and alt ofthe
<br />foregoing, together with said property are herein referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum ofTHrxTV TxOUSaND s NOhOODoilars ($ 30.000.00 ),
<br />as evidenced by a promissory note Gearing even date at the rates of interest thereon which may hereafter be paid
<br />or advanced under the terms of this Trust Deed; Goth 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, Shah be due and payable on the 24 day of June , 19 83
<br />Trustor and Beneficiary covenant and agree as follows:
<br />#. Waznnry of Tille.7YYSlar u uwiWy ee+Zed cl IM Property: a Ms P'>mC r,pM anu
<br />leWiW wthwttr to eeh ant eonvay IM Progeny, iM Ropwq a tree ant sear of all
<br />aerLL artd entumptancga aat%pl liana nor 01 retard; ano Trustor wUi warrant and
<br />Mterid IM UM to the Properly ante tM Trustee amf +ts sua:asaors ano assigns
<br />fRreVer, epalnal SM <uimi Ot all Rwaone. Trustor, N d3 a#panse, wui ma+ntain ant
<br />preserve fM Ifwi at (n+a Trust Dsao as a lien Upon ine TN31 Property suDlect unly tG
<br />etlcumbranass palatmp ab of tM da4 hwaW, wiU cause Ines trust Deab. arW ea<n
<br />aniettdment IX appp1N12Mi ShOra1Q to tae hiss Na recmdea a3 a moflgage OI IM
<br />Trust Propery in oath manors ant In aucJ1 place, ano wt±1 lees wCR otlyr action as
<br />kn lM apinfOn W Tnuiee may M r0auirgo a)' any pree9nt Or lu[ule law ,n maw tG
<br />pariQtt, mau#tsin ant) prpiaci Irro 1wn OI iota Trust DOeo, as the wriia maY [W frpR:
<br />tarp to IbneamWideo or wppiementad.
<br />2. PeeleeM M PyisolPS1 ant MYrpt Truatm snau pur%ciuauy pa} irw pnix:+Wi u",
<br />dial NiTaOI! pry seta Promiaawy rW18 iia:luding any adVara;ea iherwa as gaVafap
<br />nsreip pa lM dabs ano aS iM Dicta and in IM manriw prOVioed ihwein and vela
<br />pWlctually Reylorm alt sgiMrMnib, conanrons and pionafans sir any aihet aacunty
<br />MlrpeMel givankA xnhBRlkwi W lilt mis :raIRXLNM
<br />1 PbelbesYOp Nid.MYeMeree rN ha#MiaY• Tractor wlR not comm4t soy waste
<br />upon tM PropaRY and Wla, at aH If:iWS, matmain tM same in y i00
<br />GWWPitM ant Wlg rtNi4e• drWn lima iG lima, elf =`gRwta, reiteWat@, replatamenii,
<br />adWWw and mmapvenenta wraith are reaamaDiy reauueo to weaenl waste,
<br />~W daari«atXm at sai6 txoRariy, ai0 MlrXgng w imprpraP»nl rvdW w
<br />helllay(aT ereRtad upon ine PioPenY Map W altarw3, rpmpved m devnaiisnea
<br />MiNagi IMprbr Wr171M caaaent of 6enafrciaal2.
<br />a. iWSaia ip HeP~, in Casa w ano damage to, u ~atrptBOn d, IM axgdmgs,
<br />NnplOxantltfta O4 pagalai property iOnatpuling part kt ine T rust Propsrt}, wnMyafi
<br />s§iah tea) is pb}yred pY 4naaranta O< iNtapW}ayi, Tr:rate<. at ds 5ale cp52 anC
<br />a3petye, faip prpatpliY ieaiprq repa4r, rap+'anY ant +0.thriid tna same as Heals #s
<br />Wicf JMedP~EwWftNa! aren}aQlaiafy Pfbi to Each daa+sp8 sr ~nkuePUn ar wiN
<br />ep~n ehapga'a ay3i altKai+ona as Te,rolcr n-.sY :fee.Y, ap{xp„ late p=eVwkaa sucn
<br />tigr`~ and NNra#w!u dp not matwiaay lessen t<~ esiae stay unidY of Su4n
<br />puiidWgy M~ayvalnsAta ant pWienaii#y from Maf BVisiilq imnMaieleiY fNWr to
<br />Sr/th dMgaQa W deaihiGia#s. Trirgor i,nap it Mieiied t0 m:Rrhurgantw4i hwn ihE
<br />Tyyetaa lQ ills eataAtt p# the net avurance prataapa eacwyad try TrUaeN, wi aGn+ 10
<br />inRe31M# aT pielt#frat iumeepgirdad ender its+a Nars@4yn.
<br />ire AMlei, it TtWtar hl i @YpU!gtion, tl q:13 tU X+1 iMngs ~igLaaaar} iu
<br />prKltplL}pbT,pWXH a#iwe..-sa,.t~nta a`W p+hfWga@u ~ihq ~Sw3 arlM a:ata Si
<br />iyah+gwasaattca,
<br />! tllllaFlalee. Tract{{a. at r!x 8apenaX, w rRan~tan~ vnM ens:;.,ca app*ared by
<br />ileoapowt~ !newrawoe „-i+. rWipat# h-r i_'±b !mpn,w--~e?t!3 and pares ai gLGwtY-
<br />ara?-t+tpycng tM [ eprti agrwtat seas by r». ;:ens-..~ic.:«=+X~3`--+.. am'. einfa pa~Ga
<br />sv+3aa!i pY aT#Nasard ax#wMi%IC prrwtr#ga abler. v.:,a,.t.:^ an w+;wxnt +*iw+ #x: a:
<br />?saes as xar5rw ~ ~.~ t t ~.wec d sa:ra[+ra
<br />aeaW{t AMC. sa#e. iM)r.-.u,1 act. MY GwvNP'6
<br />a+Nt acv~at ~--m +.. , .. q a+auara ta.
<br />i>fY '~^,sa}a+ w•rf. t4 xnwe=x# ai ;Sarwfc[?q+y "WY
<br />Fy,Y,. CUga trY rpn •alUaw:'1-I!#§r rt Uram'ia..ea . eea...wr.;a ;.+ tna :rtw@al iN sna
<br />rgspetllve paRMS. All msuranca poikiea mainiametl pursuant to Ibis Thai Deed
<br />5MU name Trusbe ano Banahc4ry as maurede, as tnetr re8psciiva interaata may
<br />nRpear, and prwfda Inai inwe sMfl be n0 Ganceilalbn w motlllicallon witiwul
<br />n#teen WYa print written natditatlart to Tlvatee end 13eMiiclary, In tM event any
<br />policy MrwMer is oat renewed pn a belore fifteen days psis to its eapusuon
<br />sale, TIUa1N a 8enelltiary may procure auto IMUranca aria iM coat Ihmebi anal)
<br />CM aotled [O tM ban secured W inia Trust Deer) ant SMiI inter fnler9et at the
<br />g+eatw of 1M i+etweal rate apecllied herein m iM hignesl Inlereet rate wUortzed
<br />pY 1M uwa of 1MState DI tieprsaka. TIW for snail deilVw la Beralrklery !M original
<br />palemea al insu+arrce and renEwals thereol Or memo copier OI sucn polleias ano
<br />rpnawais tnweol. FeIIWe to lumrsh Iniurante by Tfustor, m TerMwala as raeulreo
<br />nwwnogr shalt, it Ina ORCaM 02 Baneikiary, cpnslllule a Oeraull. All Unaafnad
<br />prom+umi are M*0pq as3igneti iU Truilae a5 adalhOnal 5gcur1ly arW a sale ano
<br />unr0}anca of the Prpperiy by tiW TlUSlge 9na11 Operate to convey to IM purchaser
<br />the Trustays inlerasl in arM t0 a:l palitws ay Insurance upon lM Trust Property.
<br />T Taiq anti Asaaasaiarits, Trustor sMlt paY sif t#aeE antl Spatial esa@asmenls
<br />~evieo or assgased agaituu or due upon the Property belora delirWUenty, end wdi
<br />dgilver to 88Mlkidry tapi9a of receipt4 SttOwirlg OSYmenl Ol 5uch taxes and
<br />atyeclal asseasnlanl6, If 8eneficlary Snell w Yequast, Trvatm agrees that tnwe shall
<br />sodas .u n M":W~c Wymant raaunwl le tie made n aueWer # and
<br />esl4ma:M by e'.,Vrus:ae vt txe 3uf11Cien1 10 anabis Truster 10 pdY. al (east 30+days
<br />berme aelirpuenty, an texas. a58@aaRiBn?a or othw puplit charges against tM
<br />1 rust Property, tM flp[a Secured pY'hi8 T(pat Deed, or upon account o1 iM daps m
<br />tM lien of lnu Truqt Dee%1. tagather WlI.^. R>em{uma fm inauraricq reyeired to ba
<br />ar,OM under lhn T:abi Dead and n interest shell fR Rayabie t0 Truetm +n
<br />respect ihweu!_ Upaa d0mana py Trueiae, Truster anal) C01iVer 10 Trusleb sucn
<br />adillmr~i sums Ut meRRy i5 arR nw:e558*y le ma3R up any ae!acRnty m Ina
<br />amRUnts trecessary t0 an#b+0 Trustee fo pay any of IM ioregmnp items.
<br />8 Addilbnai Uwle. Iraata! ;hail make ail paymgnle Uf migtgat and prinmpal amt
<br />paYmenl3 91 any slow chaigas, tgea, am! wpen5es GUOlreciRU Ia M pXW [O #VY
<br />ast3ling Iten nowwa w pi Wr benelicluigs umlH any prim TiUbt Deed, Mangage m
<br />O4Mr saurnly ageae+r+enl, Rs!ora iM date they a<a Oehrquwu affd tP RaY anY dints
<br />clam wnlch jaopararzea IM aetur.ly praniad Mroln.
<br />a PfeilRt/M Ot 8eM#ldary'a $aearily. ShWla Trustor tail to make XnY pgYn'an1,
<br />feel i0 00 any aCt as nwain pravNwi, M it ant actimn Je proeaeolrtg 25 C.arnmenCad
<br />wmcn meiwiaity alfa<ta BgM!ICtiYY 8 lnteryl of Ina Rrapgfiy, IntFUding, but not
<br />~metad tu, wnlrteni aamaiq inapivwrt}, anangwnenla m p*r>cagderlya 1nralring
<br />hanaeUpS a aaCed#ru, t.Met 9gnanttaY} tN TrValea put wanGUl Nyltgahmt tU da aV.
<br />aM1 wsiryquk ha#iC81~ 0[ dMiliria Upmi Tru31m, amf whnaul ,Heaainp Tru3iw itUm
<br />+Y 4Wig#tiM hbrqunaOF- may +naha m do uar same, arq! eCAy pay, PurIXt33a,
<br />v,.alRSt ~w cwnwm+iaa any eneuntp+aru:e, cha'ga Gr I;Rt1, wnwfi ,n ih0ludgwpeni OI
<br />tow app@wa !n X!!a;l s+ud PrepartY: xgrmbeng a v SUCK YtVWw3 iM
<br />2anifxclurY e` T+uilp ma} ineuf Arty tiabfttl} amI expend wnaievgr #maunis,
<br />x.ud+ng ~J+staesamen/a cl ie eatrle an;xrutY s lees. wn,en w tnai, aoaaada
<br />=)?w giit+n, r^aY b9 Ua `sMa#.'la~t it a Iha TevXla, a, - u P++`=sire
<br />~:w.+au,~e m iu BBY ant sy :+af 3 iaw,tn of to a~a,.a #. r
<br />ray§L:nµ Lx ~ i•qn R+ed#:a @_ tyar.ez~r,galgta iha ti+uxpt.e: a~Y ~ % P t=,.urq 5
<br />•+sw#_.e a:vr r..ase sU~~~+pay=w#++Lxn - u„~,:~auw.,;?gt ;.T 6a=wt~,.sr.ry
<br />_n~tq.0 n a~vt3.py .a w t?s±sa i -. V._n7a n i - ,,st Lima a•q eoL a.eu ^erab}
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