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<br />DEED OF TRUST
<br />rNfs oEEO of TRUST n,aea tnra 'th say ar March Iq 84 •
<br />by and among ~• Dean Stogdill and Patricia Lynn Sto9dill
<br />whose matlmg address ,~ 913 Sharon Road, Beatrice Nebraska 68310 `
<br />fnera:n rruatorf: and Earl J. Witthoff
<br />whose mailing address is
<br />1806 `first 'lational Bank Building, Lincoln, Nebraska 68508
<br />!narern -?r,ratea ,, and The Martell State Hank
<br />wnaae mooing addreaa :a P. `~- Box 95, 'Martel 1 , Nebraska b8404
<br />;Herein "Reneticiary'").
<br />FOR VALUABLE CONSiOERATiON, iruator uravacabiv promo, tranaters. conveys one aaalgns to Trustee. IN TRUST, W17ii POWER Of SALE for
<br />the beneltt ono secunty oz Re¢eaftE~ry. untlar and subiecl zd the tem,a and condrdona of ihrs Deed of Trust, the toflowinp d»cribed reel property.
<br />touted rn iii II Gounxy, Nebrasta:
<br />Lot Ten {10) in Block Forty-one {41i of Charles kdasmer's Second Addition to the City of
<br />Grand Island, Hall County, Nebraska, atk/a 616 South Madison, Grand Island, Nebraska.
<br />TOGET HFR WITH asi rents Rrotna ~eva'n raa.:nCVme and diner t anal,ts danved hom fed Taal pxaPSriY: ad reaa» dr subleases COYadng-tf#f Flpi-
<br />propartY W anY p9r1Ar1 xxreraot, r.,;w r?t F>5r~enar easratrng ar +ydterad rr%20, and ati ngnt, zd16 and mtsreat of 7rualptiherlrunder; aif inrereata, aat)t• or
<br />cone, aiafma. 31aLn rn Taw ono m aqurxy. wn,fh trtrstat ndw Hat M maY nereit2er aCgdve+n 2HSrea#prapertY;. afisaaementa, riphla-ai-waY. lanemsnh.
<br />hataddamema end at>ptrrtsnar,eea tnsreal end xHarads, ai# art and qaa rign# and PFahta, roster riphta end-avatar-sYbak: xli right, tide snd interest of.
<br />Tnrator, now. owned ar haraaher acau,rad. ws end to env lend tym{; witnm t#ra nght-Pf-waY of any street or Htphwey sdloirtinq the real prnpartY: arty snd
<br />air twl#dtrga. 1r.tures. .mprovemer=rs. and aPputtfN,artta3 now or nareatMr arscred thareaa at #}elanpmp lharew.'-ff»rem reienedto »
<br />-tmpnrrement ar'Imprs;,,arn.r;za ~k~and env ono s#Fawards made ter the takang Wemrnent ddntala. or 6y any procarWirtp Prpuschaaa rn lieu tharrapf,
<br />c! xha wF:aie or env pa+r a1 tt,a real PmPertW A?I nr the lgrego,ng estete. prapeF2Y and rnteroat eonveved td Trus2aehexetn-nPiteC2 W ely rpramd to sa tM
<br />.Property -
<br />FOR THE PURPOSE OF SECUR#NG:
<br />ta# The Rsyn+enx ,31 :r,debradrasa evroenced ov Truster a note of oven date narewyth rn tea pzmcrpai arm of
<br />Nineteen TiTOUSand rive ~lundr~d Ten and 41f100----------------~g4ttra-1>~~.5~~`.
<br />trxgetnerwrmmttrraataltnerataarraxasprrwrdadtnarara or rho pr-tnelpaiandrnzeraatananyfxrtureadvanGasev#ditnoedbypfaeniuofY-r+otaastahng
<br />znaY are seturad Hereby snareln~NOta-rlr Natea rand grey and all renawa#a,a,odiliPatrana and estsnsibnt LZf ease Ndtl. bothpriridrpsl arttlinunst
<br />on the Nate berng PaYahia zn acGOraaxa wrlri lea terms »t fonh there,n, ralarance to white IS ntlreby~mada:.
<br />fa} T1,a partormarzce c,t each agreement and covenant at it ustpr hereon contaened, acrd
<br />zc} ills psyunem az any sole or sums W money wile interest therepn wnrch mry tre hereattar peidor advanced under ihetuma-of ehq Oead of Trust-
<br />A r0 PROTECT iltE SECURITY OF TwiS DEED OF TRUST. TRU5TOR 1aEREtBY COVENANTS AND ACYREES-.AS'FOILQW$:
<br />I .oa#merrt of fR'r+rFrps! and tnrenar. Ttustor ahaU Psompdy Pay wHen due tea pnne#ps# a2 and intsrast.an [he'irxdebtpdnaw; aYldanCad 6Y the
<br />Note, and a#i other e:Hetgea end foss as Provaded w the Note. and the PnrxGPai at and interest an any fntwre Atfvarieaa-.»eurad_faYr'=thlaDa W o1 Trust.
<br />y vtSaRenty W T+Y..a. iruatar es Iawfvi#y se,red and Posy»aed of paod atul mdefeastPZe Sine and satate ro thepraperty harabYrctufvayed and has
<br />tea rsghk to g:snt ar,d convoy iris ProPeny: the property ro f:ee and alear a1 off bane and enGVmbaahG2a except fiena now~Of ttfLprdr end 7ruaFOr will
<br />wairan4 and de#and rtM Ursa to tea 1*raPertv aga,rxit an Ckarma and demands. -
<br />:i htarnreRarrca sop Camplranca Wrtn Laws.?orator Snail kaeP Lhe RropertY mgpad repo+rand Ganditlan and chid ~atcammit weals Or:pednit
<br />:mP+Ptrrwnt pr dttarroraxror, ,nf tea properly arrd shah comply wen ins provrarons of any b»e sr thta t3aed pf Trust ~ on a ltiesillbid, NPimprravvaPtlH4it~
<br />now to nareehat' teected upon the proPany emit 1M sltrrrsd. retrzavsd ar demo#iehea wilhPUi xhe pear written taneent of Berrot#c#ary. 7rusloraMil.
<br />comply weth arf laws, ordmanGea. raputatmns. covamanzs. conanrons and rnstrvcirnna affeatzng ehs Prpperty and ear commit. aviferar pernut-arty act
<br />itl 3}e done m €e upon;tae laroperty m bralattan a1 any :ai4, ord,nsnte, EagLlatran. GCWenani, CandtE/an ar reatrrCtrftn. Trvuol ahi41 GolnphSa rtr leetPM
<br />prarnptsy ar>d rn goad workmarx3aka rr,aru,er env rn,pravament an ehs property wnreH may be damaged or destroyed and pay, whorl due. aft c#a#ma far
<br />iaix>r parlotnrad and mataners turnrShad rherelare and zar any alteralEOns Enareai
<br />$. t. audt,ua. iruar:ar, al ris a><pansa. roue maxnzarn w,tn nlsr,rrrrs aPprwad bl' Renalicrary, rrtsurar,ce wrtH reapeet to the tmprrovamanta sni!
<br />F~asaswtat pntapsrty.:c.n>r•tedtr+g ma i>rapttrty. aparnst Iosa Hy hrs. itpntning, Wmado, and ozhar Psrda and hazards levered by standard aaterrdad
<br />ctwesape ar,drr iamanr. -•. as arrrovni aqua: !a at Iaasr one Hundred parcenz of the frrd repistament value tnatsof acrd insurance sparest such otHSr
<br />ttazerda aa+d n^ suers a~nhUrrra as Va CUStikirlanl}' can,ad r!Y awnenr and 4Pelatat; of almilaf ploperltea pr as 8enetrC4sry maY YbEtUne t-flr rte pYptetttaP.
<br />Tnrsirx wtiH Gary,ptt: wile aUGn erne! iagtirremMta» Heneti€tarY may from trine td Elme raqueat 1Pi tea P,OteGllan ay fnaUFarxce at the entetasta et the
<br />raapwrrira w+ues. rSh tnsnnne?t Poi,a-%ea mainiamed pursuant to tires Dasd of Trusi enat# name T evkt@r acrd 8enahGrary as rntwreds, ae SHa1r respective
<br />rr•tara-!e rri-y appear, atxt pras.da that ttlars shall zaa na strrrceiiebon ar modihGehan wdhdvt no leas than # 6 days Prror wrrttan nazilicatwrc tq Trustes
<br />a>rd fDenafiPiarv. a, dta ,byant arsy ssatty haravrn#er es not canewsd on os before S fi days pi+pr to ris asPiranpn date: Tnrstee or t34ttantiary may Prat,tra
<br />ut:n u•.atlrMlti¢ ,n saedrderaa,a w2m ttte-Proviawns cd ParegraPh-A,$ harwf. Truster ansii daiwar to Bena#zGtan doe ort#f1n>a# Pphuaa of inaurante arttf
<br />,e>•ewa#a r'"erad} k7r mertYd t~Praa q1 arr(n Pdirttea •nd ranswaks inerrd, F'aliure to lumtah atM.h maurar,Ga ttY Trusrbr. pr renewals a6 ragUxratt
<br />ntF+arnear a4tai#: at Site ti,P2trsn nl penefiGUxy, cwtatltuta a detstAt-
<br />S. taro+a. Asasaarnaekta soul i:!rsrpes. Truatos sna11 pay ah raves, atapamenls and tseher r:na+gas, rr,cfudtng, wn-nouz hm.daxmn, bees and
<br />a2ttrii941rtiftr ei trla FYrntttar2Y. and 4a#atth4xid PaY'nxanta or ground Tanta, i4 any. tasiaFa xna soma bacnrc+a daimquartt. Frusao+ shat! pn,rryx!!v
<br />1( trtirfh'~3 ICrwty ad nratit» ed a+tsmmte duo undez thrs psragtapir, as+d m tt,a oven: Tr;xator shstt maim Pavrn,wnt duaut#s~. r:vstar ahau „,¢?n.urly
<br />+rrrnrah Et> at,c~app r'awarYna Mrrdanty,~ a5, peynttrtate Tnasttrt ana#f .pay a3t lease anti ssaseamsnta w#,et:h rtaY Ra tar+ad upd : ~anaix':ta.Y x
<br />rr*vaisatt fi{r8r ~ ~ +.,~ua t~s S)tna i tlt tntst+stTwrus ztgtrrsl to anM Enw terse mxx be aasc~red unts~+aaratT €sayn+nast sa! °na wr;use w trnv c an car mrnd .,adx= eee
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