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<br />83- 001604
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<br />TRUST DEED
<br />
<br />,19
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<br />THIS TRUST DEED, made thls-_ 22nd
<br />
<br />be and between:
<br />(A) CHARLES J, LONG AND MARGARET J.
<br />
<br />HER OWN RIGHT
<br />
<br />after called "Trustor" whose mailing address 15
<br />
<br />day of
<br />
<br />MARCH
<br />
<br />83
<br />
<br />LONG, HUSBAND AND WIFE OF EACH OTHER AND EACH IN HIS AND
<br />
<br />, whether one or more, herein-
<br />
<br />11] NORTH ARAPAHOE
<br />GRAND T~TAND, NF: 68801
<br />
<br />and
<br />
<br />(B)
<br />
<br />JOHN A WOLF
<br />ATTORNEY AT LAW
<br />address Is p, O. BOX 428, GRAND
<br />FIRST SAVINGS CO~~ANY
<br />
<br />(C)
<br />
<br />ISLAND, NE 68802
<br />
<br />as "Trustee" whose mailing
<br />and
<br />
<br />p, 0, BOX 1566. GRAND ISLAND, NE 68802
<br />
<br />as "Beneficiary" whose mailing address is
<br />
<br />WITNESSETH: That Trustor, In consideration of One Dollar ($1,00) and other valuable consideration receipt
<br />whereof 15 hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the
<br />following described property, situated in HAT 1 County, Nebraska:
<br />
<br />LOT TEN (10) IN BLOCK THREE (3) IN DALE ROUSH SECOND SUBDIVISION
<br />SITUATED IN PART OF THE EAST HALF OF THE SOUTHWEST QUARTER (E~SW~)
<br />OF SECTION FOURTEEN (14) TOWNSHIP ELEVEN (11) RANGE NINE (9) WEST
<br />OF THE 6TH P,M" HALL COUNTY, NEBRASKA
<br />
<br />The Intention being to convey hereby In absolute title in fee simple, including all the rights of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property,"
<br />
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the paymentofthe prjnclpal sum of NINE THOUSAND FOUR HUN-P8~larS($ 9 491.14 ),
<br />as evidenced by a promissory note bearirPdiQle"'~~rJ~tMIlr.neg oi1hter~st 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 22nd day of 'lARCH ,19 91
<br />
<br />Trustor and Beneficiary covenant and agree as follows:
<br />
<br />1. W"""'IJ 01 nts.. TrUstOf 15 lawlully sell.ad (If lhe PfOperty; It has gooa ngnt ana
<br />lawful authority to $eU and convey the Property; tile PfOpeflY ;$ ff6@ and Cieat 01 all
<br />liens and encumbf.nces 8~l;.ept lIans now of tecom; and Tn.lstor WIll warrant aod
<br />defend the UHe to too Pro~rty l.Ioto the Trustee and lis $l.lCc.eSSOfS and il.S:!3fgns
<br />forevet. ag<<inat the clllims 01 al/ perSOns. Truslor, at its expenM, ..-iIl mainlain and
<br />prnetVe the lienal this Trust Deed as . lien upon Ihe Trusl Property subject only to
<br />encvmbrances existing as of the date hereof, wlll CaUs.6 this Tru!l o.ed, and eaen
<br />am;efldment or supplement tt\9reto. 10 be tiled and r8CQrd6(J .Ui El mortgage oj tha
<br />Trutt Property In such manner and in such place, ..nd wllltatl.e such Olher actlOf11i1S
<br />In the optman ot Trustee may be requited by any present Of future law In order to
<br />pettee\,. maint.m and protect the lien of INs Trust 0000, as the saml:l m.y be from
<br />tlm\lt to time amended Qt i!upplemeoted..
<br />
<br />2.. PIi""",t of PrlROIpaI and In""'\' Truslor $hall punctually pay me pnoclpal 01.
<br />ami ~ton. said promils$oty note inC-luding. any adv$.ncu therelo 8$ pn:rooec
<br />herem on ttMt daln and at U\e piece and in the manner provided thlW8ln and WIt!
<br />punctualt}t pertorm ali agreements, .condltioos and prO\lislons 01 any othet secunfy
<br />InalroMenl glVtm i.I"I oonoectlon with this transacUon.
<br />
<br />3. """"'tIoft aMI ...~ 01 Prop4lny. TrU$lOl wil! nol oommit any wasle
<br />UPOn U. ~'f an<i will, at all tunos., maim.m ttle Hmo ;0 v~ Ofd..- dEl;;!
<br />eondUiO(l and will make, from lime 10 time, aU repairs. refl9wala. r;~Pta(;eme"ts.
<br />addi.t~ and tmpfOYement-e whiGh arfl rU50flabJy r@Qtilr84 to PU!\'61lt waste,
<br />~",,*nnenl,. or deterioration of Hid Pl"QOtIIrtY. No building Of tmplOWlment flOW Of
<br />herafler .,ectl(l upon the Propert, sNiU be altltfBQ. f&meWed or demolj~
<br />without the Pltot .-ritttn ~t ol8tn&fiClA{)'
<br />
<br />4. _....... tD~ In cqeof-a1'l)' da~ 10. or ~tt.rt::tlOO Qt, the buildings.,
<br />~. Of pMaonai pr"!'Iperty conllHtutinQ ~ ot the Tru&1 Prr>per{,;. wflethet
<br />&Ueh 101.. is- cQVtted by insuta""e 01 othctr...,iM, Trustur, al lis sOle cost .md
<br />~.,Ifj ~ly rerilott'. r~', ~epliul and r~jld lh;! "mlt M nea.r!y u
<br />~ foite;OOPOWonfmmedl*-hJJr-J)4"lQ( IQ31JC~~..lf"Oestrtictio" Of wlll't
<br />touch ~ and ai*atlons- as nuSIG!: mtlly omtm appfophat~ m(}vld$(l !Wen
<br />~ and ..tt4lf.bQns do ~ m~uorlt;tt)' ~ l-ti~ \la!ue antl utility of such
<br />~,- ~ And ~11 itom tMt iUt$lmg .mmed-uUctly tHlollo
<br />twft_dama.gI (If oo.lf\JGUtMt. TfU$~or sha,t1 De eniitted to r-eunJ;)UfHm(tn\ frOll..M
<br />1I"Wtwlotn...-.m of '1M not'inf.~lW:t ~ r~.o tv, TwstH. wt m'll., io
<br />t,,*,,~04 tntw~,!Wm .iII.~ wmSet thi$J)t'~~
<br />
<br />Ii ~ r,..w. If T,vs!Of h. a. c~.titJ.n. it WIH d<J ~J~ H<<ng1i. ~"~'ia'\, to
<br />P'lltMtW,g.~.pr;;f....~~\ H9hl!-~ j)-l'1\i!18li'll-:$ QI""t trw ;l!lW5 or ihtl.l..t~ ()!
<br />tt"i4'WXIfl*'_"'~,
<br />
<br />6, ~ fn,(u'$, .101 rtl;t 4U."~ ".,tJ ,h.~.'t.\n w\t~ i~tSillljf1i a,pp.uv<<S la,
<br />~, ~~ lim~ tftipt;>;t to !~ ~~O\'-"tImfl!i!. a,-"j {.l4tt&QfWli ptt1lfkV11'.
<br />~~-the""~ ~'4t 'lG..... th hli.t_ !l~f>m~~ tm~>,. l$r-t{j (..,.~ ~il!l
<br />~-~~..:&;~<;~~....~~,)t. ffl.ii" lVtl'J,l,mt.t-\Wal w.a.i
<br />~ otI:e ~ plp~t I)' tho; f'<ll\ iti!k.='~H n..{~ ,~-tI"'Io!. ",rnj ir\"'''f"~\;.fl
<br />~filtl:t;~ ~ If",,~ m W<!~f<I~1.,i.,a:l>'~";"'i1H\t;";~!'I( -:;~fj'l~t;~ ow<...-"
<br /><<'4 ~ #f ~'-" p~~~~ +'<l ~~ 6u~~,-p~--, ""'~il'r '<)I{.N'~ 1-,,;:.. ,!\\.
<br />
<br />:::::\::: =':'t~~I:.::~-:~~'~~I;'::::;;';~" ~~~~;,::~_~7;,t;::
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<br />respective partfl!lS. AU Insurance policies maIntained pUlsuant 10 Ihi '; Trust Deed
<br />l>!'!aii nillTtl! Trust" ana Beneticlary 8S insureds., as their respet:tlve Interests may
<br />apPear. and provide thai theJ8 shall be no cancellation or mOdillcatlon without
<br />hfleen days prior wrl1ten nOllllcaUan to Trustee and 8enellciary. In tne event any
<br />policy her.yOder is not renewed on or before tllteen days prtor to Its eltplration
<br />dale, Tlustee or 8erMIflciery may prooure such insurance and the cost thereof shall
<br />be added to the loan secu16d by this TrUSI Deed and shaH bear interest at the
<br />\ffea!e, 01 the IntSJeSt rate specified therein or the highest interest rate authorized
<br />Dy me lawlS olltls State of NebraSka TrUSIOf' shall deliver 10 BenelieiafY the original
<br />IlOhclEtS of Insurance and lenewals thereof or memo copIes 01 such policies and
<br />renewals thereol. Failure 1(\ furnish insurance D1' Truslor, Of renewalS as required
<br />I'telltVndet Sl'laU, at tf'le optIon of Benellclary, cons1itute a det.ault. All unearned
<br />p-lemllJmS arl:! he-feby assIgned to Trustee as addilional S8Curlly and a sale and
<br />conveyance of tne Propartr- oy the T1ustee shaH opefate to convey to the purchaser
<br />Inti: nustor.s mlerest in and to all policies of Insurance upon ihe Trust Property
<br />
<br />7 Tax.. and AuMsII*ntL Truslor shall pay ail llllfes and special assessments
<br />lev.ed or assessed agarnst or due upon Ihe Property 0010re de-linQuem:y. and WIll
<br />de-liver to BeneflciaJY COI:lIes of receipts snowIng payment 01 such laKes and
<br />sp6Cials,ss{!ossments, If BenefiCIary shell so f&Quest. Trustor agr~8- thallhere shall
<br />!Joe dulot!a 10 l:lach periQlj.,;;. pUylllcnl r6f.l....IIC'<l Iv yet ma,je h",'(jIJI,,:h:tr .In "'-lllount
<br />\:'sllmated by Trustee to 00 Sl.lfhCh~nt to enable TfuSlOr to pay, at least 30 days
<br />t.'t;to'e delinquem;y, ail hlll:&S, lissass.mants or other public cruuyes agamst th\'l
<br />r'ust Pioperty, the N()le $t'K:.U(6;j by :hls Trusl De$(!, 01 upon ilccount 01 the debt or
<br />the tlen ot thIS Tru.st Deed, tGgeU't6f WIth premiums ,or inSlJrance reQuiHI.:J to be
<br />DfOVldtJd unO€1 Ihi'S TruSI Deed and no Inle/lit!';t shdll be payable to Tluslor in
<br />fi'Spect 100r&Ol. Upon demand b1 Trustee., frustor shaH deliver to Trustee such
<br />!iddltlooal sums of money <is Ilf~ neC6!ii5ary to mak_e up any deficiency In the
<br />OImouotsneceossary h.) enA~ TruSt% to pay an.,. ot tfle 101890109 Itoms
<br />
<br />8, Addttlonalllltfta. Trusto' !Ihall maliuli .11 pay-ments 01 inlcr&si and pflnc:tpal and
<br />p-a)'m~flI$ Of .aily uttlef -et'lar\lftS-, 191;fs, aM expenStI$ cQnl,achld to- be paid to any
<br />existmg hen holden- 01 priOr bftllilhCi-ilNls under any prior Trust Deed, Mortgag$ or
<br />ot~ $illCoJI"ity agreement, b8fOfe the ~IB they are OeIIf'lQuenlaru:J to p.aV ilny 0lh8r
<br />tlalm ",nidi jeoparUlU6 the security granted ner$lO.
<br />
<br />\I -P~Uon of 8eMfid_ry'. SKwtty. ShOUld Trustor fall 10 ma...e ilfJ.y jayment,
<br />fail to 00 aoy ~t as herein provmw, Of If any .cUao or pfCCiMldin.g is comlTN-oced
<br />""Nell matettB!:Jy af!<!oCUI Bel'l&IIdIlf'Y'i.i' intllt(MlI In ltle PJoparty, mc!uolng. bul nol
<br />liml1ed ll), .mlnent domain. ""-'O!venc'f, llltangeQ19nt$ Qr prQC~IO'Ol-S lnvoivioQ a
<br />b~I1~llJPl 01 ~ed1Hll. t~en 9&fI(tiicI8i')' Qf 1"fuStlHll tx.t without obl!galJon 10 do so,
<br />-and WI\noutIlOHGe t-/J' Of ~nd u.pQtl l'I)$\Ql,"no ..ithOui '.<MsII.'Q rrualor f'om
<br />OJ'!)" ooj;galk.lf'l h$W~, miOt."r roak~ Of do !!lfJ 5tlml!, ilnd m.y (>>1-';, pulCt'llIlS8
<br />'.'ONto.t m CQro()IQfl'\l" .fl) lJ1'CUTf~.m.'6, ,,;;hal\}llI 0;' UtIln:, ....hl..::f1 tfl ttlf! l\1dUtmtem 01
<br />..,lrlO! .l'lptl-.:, t'O- .\IH\K:t IUlUl ?'o~ty, in JOox.leOling 11l1) SUt.1'1 P,"WOJ'II Hut
<br />~t,c:w"t Of Tf<.l-S-h:_ ;"''''' t.....ettl Wf1'Y habdUy iIIrn:! '$"tlOll"Jd *MhtVWf li;mlAlota
<br />"\J+i~IOl)Q t1.s()u1tlf!rtlfi,"'l!$ (~i teil~f\...,wl! 41iom-~",,'$ '"50. wrlK!'r ('1 thj;\" ~U!Jolvltl
<br />i;:M"tllft;efl <T'l;lY t,.- ,.,~;.".,'Y 1(; j~ ,...-"n1 (l'1lt! Tn'l'tvl It'\.,\, !i1!i te P-'(J<;ltrf~,
<br />..--,,',...f/il.ji"'lI ,~, 1.-, "',1ly !.~it1\ ,l"_d ~",<<'o!I' IM,!l!'1ISlli-ftI-..rHII~" 1\:' m.;,t"'l- 11;.... ~-'lll""""ntl'; t;;.>
<br />'~A "'i),~@-"", ',:.' \h~ 8tt!';f:f,Ul''''' I""~ "n.~,u,"" ~v..n
<br />:!<,,,,~t, f""'T"-..;o'11~ .;1 ta""",1'>;hI>d t,y a<<;~hcla''f
<br />P.,'I-!'i'<i >I''!l 1lf<<.;\l'OO IT".,..t,,!,
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