|
<br />8..; .). U.. 1.'" "
<br />V'~-,. U <{,
<br />
<br />]4th
<br />
<br />TRUST DEED
<br />
<br />day of
<br />
<br />MARCH
<br />
<br />,19 83
<br />
<br />THIS TRUST DEED, made this
<br />be and between:
<br />(A) STANLEY W. AND JOYCE K. BOND, HUSBAND AND WIFE
<br />OWN RIGHT
<br />after called "Trustor" whose mailing address is 559 Ii: A ST
<br />
<br />OF EACH OTHER AND EACH IN HIS AND HER
<br />
<br />, whether one or more, herein.
<br />J8rn. r-RAMn T~TANn, MF hRROT
<br />
<br />(B)
<br />
<br />and
<br />
<br />(C)
<br />
<br />JOHN A. WOLF
<br />ATTOBNEY AT LAW
<br />
<br />address Is P 0 RIW !.?R r-RANn r~T ANn, NF 6R802
<br />FIRST SAVINGS CONPANY
<br />
<br />P. 0, BOX ]566, GRAND ISLAND, NE 68802
<br />
<br />as "Trustee" whose mailing
<br />and
<br />
<br />as "Beneficiary" whose mailing address is
<br />
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($1,00) and other valuable consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, In trust, with power of sa lei the
<br />following described property, situated in HALL County, Nebraska:
<br />
<br />LOTS ONE (1) AND TWO (2) IN BLOCK FOUR (4) IN BLAIN ADDITION,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The intention being to convey hereby in absolute title in fee simple, Including all the rights of homestead and
<br />dower, together with all buildings, f1xtur~s, Improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property,"
<br />
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum of TEN THOUSAND ONE3H;1Ygrlbollars ($ 10,157.33 ),
<br />Flrlr-~vm~ ~ 3 ,
<br />as evidenced by a promissory note bearing even ate at t e 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 />pald,shall be due and payable on the 16.rn day of MARCH ,19~_,
<br />
<br />Trustor and Beneficiary covenant and agree as follows:
<br />
<br />1. Warr.my of TItt.. trustor IS lawfully IUHl.ed of the PrOPtHty.: It has goad ngh! and
<br />lawful authority 10 Mil and convey the PfQgert)'; tOe Prcp8(1y 1$ free and clear of aU
<br />lien8 and encumbrances lillcapl liens now of record; and Trustor Will wan an! and
<br />defend the title 10 trle Properly unto the TruslltQ and 11$ lJ.ucceSSOf$ ano assIGns
<br />fo.reYel, against the claims 01 all PtlfS.QflS. Trustor. al its expeose, WIll maintain and
<br />pnrMNe the lien 0.1 this Trust Deed as a lien upon the Trust Property !lJbjecl only to
<br />encumbfancell exlsting.s 01 the dalo het'ftl)f. ""'HI caus~thls TruSI 06<<1. anfJ each
<br />amendment or supplement theretQ. to be flltld and recOfde<l &, a mo.ngage af the
<br />Trust Property in such rnanflef and In suc1'l place. and wH!laf{e suet! olher action a$
<br />In the oplnlQl'l of Trust8e may be leQUlred by an)' pt6'gent or fuluta law m ordel 10
<br />pertecl, maintaJn and protect the iJen ollhls Trust Qeea, as lhe lW.ml! may be from
<br />t11'lUt to. time amended or auppiemented.
<br />
<br />2. Payment Of PrtftdpaJ and Jnw-l TIUSIQf shaH punctually pay In& ptlllCl~. ot,
<br />and lnteret.t .on, said promisaol)' note inclUding any advances thereto. as prO~ICled
<br />hftlein on thfJ dates and at the place and in the mann&r prowlded Iherein ami will
<br />PlJPCWlUy perform AlI.agreements. c:onditloos and pra\'i&iQI'Is of an,; othel ~tifY
<br />lnatrum6nl gtvltn 1n connection with U\is Ir-1'03OlClion
<br />
<br />3. ~ atMI ........nc. of Prot>>rtY. lr-vstof \IIIIll! f'.Qi commit any "'a::li~
<br />upon_ the Property and wilt,. at all times, ma'ntlilln Vie s.ame H\ good order ana
<br />condition end will make, ftom lime 10 lime; all reoai-Fs.. 1~6:""'als. reo/aceme.,ts,
<br />addUkln&. .,nd Improwementa wn~h are rea&o.nably :equired to prl!l~ent wasle.
<br />JfnJ)ltnnent. or dti.,kKaJion 01 said propMty, No ~uHdjng <X ,mp;o~nl now 01
<br />hcnafter, 8(ifCted_ Upon thlt- p,opatty ahail be alte.-ed, ff!lmo'ffl<!' OJ demoliSt18()
<br />without the prior wrttlen oonsent OI8e~licWy
<br />
<br />.. 0.....- to Prclpw1y.ln caae of ~fl)' <J.amaqe: to. Of d&atflli;l~ Qt, tlia blll>Qings.
<br />l~l.Ot pet'~ pfOopef'ty CQrlSlituting part of l"e Trusl Prowrl.,._ wnether
<br />&uch kIsa 1.6 G~tld by Ir\$Uf.ao..."'fI or OfhtHwiM, iluslot. at \t5 sole C05\ and
<br />f$)l~. wUl promptly rl)$w,ttl. replIlilr. lepta-ce .no rllbvlla jr'l& lOa-roe as neiltly ll$
<br />pt'~~ to lia coM/lion knmediat..y prIOr to ,-uch dAmage-of ~ln.lcl!Ql'l or -.wIth
<br />WQh ~ and- aUllfahooa it. Tru~tor "''-'' d~fln ;IlPfAOwi.te proYldea SI.lCl'\
<br />~-a-od .ttittal~ do nol maltifia:ly i.liS$fI the yalue and uh!1t)' 01 sv<;;-I\
<br />bvlldj~. 'mor~.!SI and p~l'f$ooalhy {Jom th.u &Jt:l$tlng; 1m,.'n&$al~I'J pfiOf 10
<br />~ ~ tIl' dQtr\.\CuorL r-fl,ll-tm a.hat! be enlitl8d to l'ltimbtir.lJe1l'lent lrOffI lhe-
<br />fru--.lO !;M .1:*'1 of ttw net tMVIiIllK. tff~NO. t"';tMWd by T!\it.tM-. wt OIlIV 10
<br />tiw..Wrtotfhoa<:t~ 1IUtU-.)(t)tIfl~ v~ 11'11; ~(l"'1l-tOH
<br />
<br />!. ~ f__... if t'fU$t~ 1$ ., cmlX)i.Ii.on, 11 wi!! ,W "H lNt~ll r\\!Ocm.';HH)- to
<br />~~ tis ~~.f4 .lllal8l'>!.~. nQnlS ;and l::-fl"\1'J~<!l >).nj!t' 1hi ~WB M lhtl> :\\t"l(1 Ql
<br />It'~.-I-i.Q.n
<br />
<br />.- ~ l!~, 4! H'lI ~\!~l\W, *,1\ 'l'1..ml'!lo'" ..i!!1 ,O'!>11!(;-'!\; '!I;Pl"fQ.....~ t,~
<br />~t~, i~t~ .itl'l '..\.-..::1 to tfm <fflPl-~'<'I!:'l~Ml -;IU'(! l}!lr$t>r,,*, l;'.t~H,'
<br />~'~tlifl~ !t14 P,(""i~n)'- ~;~.. fta" b--t H1.t l>ll'mll'f\'it_ ';:"~\<M'., ll'~><.i ,.n...
<br />~~!'h' .~d ,Ut~ t'''~-.li>> *~~'...m_ ,t' >!lA ."~\;'1:
<br />~ ~ ~ ~,.r\! ut it,. '';tJl '~'''~-<lil'f1, ~'1l~~ l~..(,~t
<br />~~1'!-Q!~~~""~",, li) Wt:.<!'\Ai~-i7't "{I.~ "",j;:l""'_'..r"r':::*<<~l ::;-f..}...~fl-
<br />.,.- ~~ <it '!>i1'N1a1 ~~",!_,*, ,>11"4 ..~ t:k>'~"r(;'~~f "';:l.~ -""Q~,,;H, !<'l
<br />~~Ii(,J~ -r-O;i.'it{;fJ' .'fi t'_t_-"",!;:,,~, .<~" 1<<"'-" MI''''f '~;w'~"<t;-'-'{J- 0I\!' ~"-~I,"(',,,*,,,~ ""f-;;
<br />-!,,~ ~ ~~ 'Q-- ~,f~l r~ "OOIl ;..-(<,t..,. j,<-p; t,.. "-""""''i'''i.-e "I t<,., ~"f,;N~\ '.'! i~
<br />
<br />lespeetive parties. All insuran<:e policies maIntained pursuant 10 this TrUll Deed
<br />shali n..me Trustee and Banellclary a.s insureds, 815 their respective interesta may
<br />appeill. and prOVIde Ihat there shall be no cancellation or modification without
<br />Ilneen days priOI written noliflcauon to. Trustee and Beneficiary. In IM_......nt an)'
<br />policy her&und&r is not renewed on or befOIQ fifteen daya prior to Its expiration
<br />date, Trustee or BeneHclary may procure s.uch Insurance and the cost thereof shall
<br />be added to Ihe loan llo8Cured by this Trust 0e9d and shall bear Interest at tne
<br />grealef 01 Ihe interest lale t1ipeeified therein or the highest Interast rate authOrized
<br />by tne Jaws 01 the Slate at Nebrasa Truslor shall deliver to BenefiCiary the original
<br />pohcies of insulance and renewals thereof Of memo capies of SUCh ,pollc-les and
<br />renewals thereof. Failure to furnish Insurance by Trustor, or renewals-as reQuired
<br />hereunder shall, al the option 01 Beneficiary, constitute a default All ,unearned
<br />premIums are hereby assigned to Trustee as additianai security and a sale and
<br />conveyance o.r th-e Property by Ihe- Trustee shall operate 10 convey to the purcha8&f
<br />the TrlJstor's fnle-resl In and 10 aU pollciesQf insurance upon the Trusl Property,
<br />
<br />7_ TUM and A.....menta. TrualQr shall pay alllaxas and sD&Cial ass8AsmenlS
<br />levied or assassed against ar due upon the Properly before delinquency, and will
<br />deliver 10 Beneliciary copIes af feceipt!:! showing payment 01 suCh laxes and
<br />speCIal assessments. 11 Beneliciary shall so req<J8!;1, TrustQr agrees Ihat there shall
<br />be added to. each periodiC payment reQuired to be made hereunder an amount
<br />estImated by TruSlee to l\f1 sulflclenl to 8Mble Trustor to pay, at least 30 days
<br />~fi'}re delinQuency, all ta:<es. assessments or oltler public charges agaInst lhe
<br />T~:.l$f P~rt'i, me Note secured by !nls Trust Deed, Of upon accounl of the debt or
<br />the lien 01 ttltS lrust Del!Jd, together with premiums fOl InSUfanCe required to b!!
<br />proYided uncer thiS Trust Oeei:l and no Intere!! shall be payabllft 10 Trustar ih
<br />respect lh"foot Upon demand by Trustee. Trustor shall aeliv8r 10 Tru3tetl $uch
<br />il{lditional sums of money a! are necessary to mal\6 up any dellciency in the
<br />3mounts necessary 10 enablft TrU'-lee 10 pay any 01 \he-loregoIOQ items.
<br />
<br />8 Addltkmal Llen$. TrtJS1CI .shall make all paymeJlt!!l oj interest and principlli and
<br />payments 01 any othrtlr coarge&.. tef!~. artd expense&- t:Of\lraclea to be paid to afly
<br />oUt!iHng UM hOlders or prior benefleladea under any prlOf 1'ru31 0eeQ, Mortgage 01
<br />DI~f $&Culll';' agrHment, befOl'e the dale the}' ale f.1ellnQuenl and 10 pay ill'ly olhfU
<br />ci.lm wh!ch j4K.I~ldll..3-l.h8 hlcUflly gratll$d ,t'oerein
<br />
<br />S P~Jon O-t BlIMtldary'. Securlty. Should Tf'Jsl(lI fail 10 make lU1y ~avrn.nl.
<br />l,lt! 10 do any act .8 het.m pfO~ideo. (.If il <any actloll Of tJfQC~lOg jll commenced
<br />wt"llch m*1~lial!'( .\lUeeu; 8efletlci,,-fY'S inl("eat in In. ~I't', includIng, bul not
<br />l''''"tad to, -eminent domain. Jrl!.ON$ncy. 8fUlttget'liJ-nfs (II proce..:linglt mvoj~IflO a
<br />tlltl\l<,rupl.oJ d@C&Oe1l1.. thl)tl Bftnt'ltlcia'1 o-r Trt.ll$191iJ but wahoot Qbllg-a1l0n 10 i10 so,
<br />/j:t~ !NllfrOul ",)tl<:-8 f{) 01 aem~l11d Vj)On TrustOf. and wrlh(ll,it f<ll-I..sing tllj~tw- from
<br />ii!W <>bhl)ahO>"; haulurn.I8? "".)' Ill....,. fit do- the same. am:! m., pal', p;.<fChll~,
<br />'.onl.~1 (~';:i)mp'tlIn~~ $i"'~ ~hCI.;rnW-tlll(:-o:!, .,;h...f~ (;f I~-n, ~n~l'll~ !)}$ Wdg8!nfl)f o!
<br />...t~1 oIl-p{.~,!t.H$ (;.)- Il!ff!"{"t !\It',l -P1l)po1lfty. fh 1!:(-lll'(;i'lflO any ~.m~tl power. U''1(i
<br />Bw:l1>(lI'c~.H1 ''if !tu~t" t7'.~ !new !!i1"\;' J;ab!!ity ll'liJ e~MI',j ""'I"1,\1ltl\'''1 a:t\Q~n!lO,
<br />"'G>\J-Q<I"'J t:l':JtI-\J.'$~t'!\~l! ,;). f!ftUOHMol1,* AtlOIf',fh'..... 1010\\. "I;!lJ(.h ,n !hlJlf !l~~llh,.
<br />,J'~f.tNf'. ''''.,,~ M 'u,,(ltfl"";lf)> p, t"-t!o *,~"'f11 l~t r'u~Wr 'lh3il !Jj31 t" 'H{"G""I'~
<br />''''''l,;f"r-,;;;'l' 'ti' ;" ",:Il~ l.~":'. ,,"',j ri"'~"'.-lI'1l1'!f!!)( "1 :~~ n'~li:lIl .""" t.",,'(m"'l\t~ k
<br />,;;: .';l;r, h.,)"t~,1t '_'I t~ tw.'ll1'rh.:li'l~ l".lljr p,\K';"f' IHH:h
<br />\\~,!'T\~ H;_I,J'l!U q1 i!'I'~'>e"\I~(j i>~ IJ~Fr"IKjll''<'
<br />i!V_ ":_~~.v!\,--,.", ""iH' ~"'" i,n"~'''1.:\nj., .,' ~;",.. h\J~j {)~-.hJ !'I'''' ",,,,,,..,1..1 i'11l"i!ltry
<br />
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