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TRUST DEED ~a""'~ 002009 <br />THIS TRUST DEED, made this 6th day of Arril , t9 Ry , <br />tte and between: <br />(A) rT o ut Y,• ~. n t c u•r hie <br />,whether one or more, herein- <br />after called "Truator'' whose malting address is '76n4 ant rh at a; nra <br />and <br />(g) r*~ <br />rohn n Wot f as "Trustee" whose mailing '- Y` <br />~~ <br />address is y'O '° T T^nd NPFYY_~t-^ GAAn9 and <br />(C) <br />The Firct National Bank of Grand ictat'L ae°BenefiClaryr'WhOSemellingeddfessis <br />202 West Third Street P 0 Box 1768 Grand Island NE 68802 <br />WITNESSETH: That Trustor, inconsideration of One Dollar (51.00) 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 />Lot Seven (7), Former View Subdivision, <br />in Hall County, Nebraska <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 />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained <br />and the payment of the principal sum of Frr,HTV r•nirn THnIISAnm----Dollars {S AG non nn ), <br />as evidenced by a promissory note bearing even date at the rates of interest thereon which may hereafterbe paid <br />or advanced under the terms of this Trust Deed; both principal sum and interest thereon being payable arxording <br />to terms set forth in said promissory note, reference to which Is hereby msde, at the office of the BeneNelary orat• <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 t cr day of_~yY*+ T , 19 84 <br />Trustor and Beneficiary covenant and agree as follows: <br />1 1NarsNly N TNIL Truator ra lewt W iy »rted o! tM ProPerD, tl Ma good upM arW <br />rowtul WtMRry to »!1 and conrBY Ina Property. tM %openY's IrM antl clear dl all <br />Rana arM aKUmbrMCea alter Nana now nl retwd, and 7rus[Oe w warrant and <br />Oaland tM tit4 to tM Property unto tM iruatee ana its auccesaura arW afrpnc <br />twat«, apafMl IM claims a atl persona. Trustw, at Ile 0apan», w1il mainbm and <br />weaana IM lien of Iola Trual ONd as a lion upon tM Trust ProwrtY suDrKt on1Y to <br />curnWiKaa eilatirp as o1 tM Nla narKl, wdl cause tnu iru81 DNd. and Non <br />aIIMMrtront or wPpbmant IMrato, to M nrod arc rKwdK as a rlwrtpape al Ins <br />TrvN PropartY in auto rtwnnar ana In auto place, nna will table sucn atMr acttpn an <br />rn IM oplnlpn of ToatM may M rgwrq DY anY proaant or lutura law in ord« to <br />partgt, mainlNn arM protKt tM Iron nl ih,a Trvat Oq4 as tM same may M from <br />tiny Io nrM amaMad or aupaemantea <br />1, iaYNMat N AYIO(•al aM bt«aat Trvsiw atoll pun<twl!y paY tna pnncrpal of, <br />aM Inf«Nt on, said promrsaory note mcluamp any adrancas tMrato as prorWed <br />rrorNn on IM dabs antl al IM Dbce and rn 1M manner provided tMrem and wHl <br />gnelwNY pMOrm all aprNmants, noMruona ana previsrons of any stoat security <br />IMtrvmant DIyM In wnMCtlon won [ms transaction <br />3. PraaarsYan and t4btarrarrca W Praa«y. Trustor wui not ~ommn any wasp <br />vDOn tna %Fp.rty ana will. at al: ti maintain Ina s n pool ordzr ana <br />ondieion aM will make, rrom lima tpenme, ell rtlPares, •s ra01a<amarils. <br />aaditloH antl ImDroremants wnltn a easona0!y 'eoW+ed to proven! waste, <br />rmpatnMnl, w at«ioopon of Nb property No Du•Idm9 w rmwevemznt now or <br />MrNll« arK\K uDOn tRa P.Uperly snail t>! a1lBred, removed or demOtrsMd <br />wi1Mu1 iM Ddor written consent of t3ane}luary <br />a. DalnaOa M Patq«ty. In ca» at any lamauB lo. W destruclron or, t widmgs, <br />rmproramMls w p«aon.l Drowrty tomusuunp wn of the Trust Popery, wnalner <br />ucn boa b cot«K Dy in ptMrwise. r valor. at its sole t and <br />eapenee, wnu prompuy rntoronepar, repixe and repuud one same as near!r a <br />Docpca0le tn!ta caMlibn immeaiatety errs td sucn damage u• deanurt~pn pr w on <br />ucn tMnpns ana a •Mruna a r deem a rapna!e p dad s <br />tnanpaa and a «atrons do not sm our to ~ewa and am+tv n <br />putWlnps, imDrovemanta and pereo+whtY t`omstnal le ring .. mzOra'a!y pt•~or to <br />auto damage or deatruclion Truasa abu Da Bnuded cc re~mbvrsamara bom 1ne <br />TrustM to fM aitenl of tM rwl mauranca prateeas recerrea br Tr„e nw nut >:~.ly t <br />tM aslant pt ma actual sum e.penoaC antl« !nia pmrrslon <br />9. Cwprab ToaM n Trvslw •e orpo<anon r .u di•. a <br />nrsnns ib corporate erafenca .~pnia ana pmnepea „n_e: m,..awa. r ~ B s.ata or <br />'ta u+to•pMaNOrt <br />a !na«anq, iruafW at = eapenae .r _r ~ - ~-. api••c+n.' b <br />tbmAktanr m wvtnaeapeet tp me •na<noromrnrsnar.t ~ era-•nd, trr'•ne.+,Y <br />anilduttrq rMpPrnpertY aoamai '.one DY '•rw rrgntnrng rt ._ <br />acmwK UT a•andard aaeend«1 i vnrapa anon>semant <br />laser arw ^undred parc.«*t or me 'r r. n. <br />again.! 'JCR atn« nararge ua r suer' amo~M 3a in'rast~-anau'y"ta ~ ea, { ~~ ~~w <br />acrd npw!lterz c r G~ . s Hanenrrar, ~ - <br />pwnae n T ...y wt'. utryr+ <br />rom n err. ^w i••T.,ea ~ H z ytar' a^ 4Y s~ a. e ~ ere~.r n, me <br />reapecure p«nae. All msuunca paicroa mamb+nad purauam m tole Trwt Wad <br />sMll narM Trua1N arw tbnaliciary as m»rega, N lMN oapwliw mtarMb maY <br />appear, arW provWa IMt to«a Mall M no canMibtlon a nwdinutlon wllMut <br />nf1aK Jaya prier wdtbn nolltkalbn to Trua1N aM B«roliciary. In IM avMl My <br />policy Moundar is not renewed on or Mlpra tlrlNn days prior to di aiDpatlOn <br />dab, TruatN or fialwnpbry may procure aeon rrlNrang and IM 60at ttraraN aMlt <br />M addq to IM ban Ncund DY Inia TruN Oaad and a11N1 Oaa1 inlaraN N IM <br />prNt« of IM Intarut ob apacHlad IMrain W tM hIy11N1InIMpI tab aplttptpd <br />by tM bwa p11M $bb of taapraaMa. TluilK atoll rfM1yM to B«lalkiary tM «iplMl <br />policroa Of InfYranDa and reMNNa ttrofgt M ma1r10 Cdproa Ot awn paklq antl <br />reywwala IMrgt. Failure to lumbn InwotKa DY Truata, « raMwab N npWrW <br />Hounder sMll, at IM oPllw of BaMtkivY. conalttula a dalgll. All unNrrrod <br />prambma aro MoDy assigned to TrualN a addilbnal eKUritY errd • Nb and <br />nveYanca of tM %op«ty by tM TrpatN atoll Opaota to convaY to UropuronaNr <br />lM Trualor'a inlayer In and to all policies of Insuonca uDOn IM Trust Property. <br />r Tun and ANaNmanb. Truator atoll pay all reap atW 9paclal aaSaaimanta <br />vied or as»ssad apamat ar due uDOn tM Properly Mfore delinouency, and wdl <br />deriver !o Berwficiary copies of raceipta snowmp paYmant of sucn tN05 and <br />cial assasemanls. II Benaticiary snail so rqueBt, Trustor apr9ea 1Mt IMro Mill <br />Oa added to each perrodre Fayment reowred to De made n«aundar an amount <br />mated Dy iru4t» to De autnclenl to noble TIUSbr t0 paY. dl beat 90 NYs <br />Hlore delinouency, all to ent5 0 otRar puDl!C c arpe9 against Inc <br />ust Prpperty, the Nole Securoa Dy'nro Trust Deed, or upon account of tM deol or <br />e lien of Inia Trust Deed, lopBtn« won premiums for in dote rqulretl Io M <br />wovided under tors Trust Deed and n interest snail be payable to Trustw in <br />aspect tnzonf Upon demand DY T uslee. Trustor snail deriver Io Trvatee sucn <br />addrbonai s nay a eery to make u any delitrenty in me <br />oun.a necessary to enante Trustee to oay any of tH Iwegolnp name. <br />9 AdaMbMl LiNa. Trustw snap mane all payments of rmeost antl pnndipal and <br />aaymenis of any MMr charges, ten. arM sipen»a conloctetl to M paid to any <br />raaRng rlen holders pr Pnar Mnelicierlea under any prior Trust Daed, MorlpaDe or <br />Omer security apreamenl, Mloro the date lnay ao delinouent and to pay any ctner <br />claim wnlcn leoperdlos me aecunry prsnted nereln <br />9 ProlKlfan M lnalkbry'a s.wnty. SRnu!tl Truster tail ;e mesa any PaYnonl. <br />tall to d¢ my eel as herein prnvldK. or ll any scl,an e+ proceadlnp !s commenced <br />navy ethers BenNkiary'a rntarnat rr the Prep«ty. inclutling_ nut not <br />rletlnlO1aminent otNnain, tnsdN9nCY, a inpamanta or pro<asainga ring e <br />ana+uat m aacadsm_ tMn 9enenclary or Trustee but wnmm~ obnpaunn to ao so, <br />and without nonce ro or denreW upon Trustor arM xnnouf re!eassr.g iTUafm tmrn <br />nbngenr.+ n unda+ 'nay m ~ and m y pay. purr.Rasa <br />nm¢:omrse ana Bncumbrance c aryac wntcn. ~n the ludgeaem or <br />appears t slice: said I'ropertY ^ smg a n Powort r <br />Bwnenc~ary o any nab^ny as rata.s• a <br />n.ding d.Bnurae!r-reete +a nanla a CrnBy'a 'e ~ -~. . <br />disc _n..• ar t>e necassa r to ..B even. trial i~9stw res. a-~ a=~ I , i e <br />A r <br />an:1 rare <br />+>.n ec.r fx earn B, r ,a.nx. rn., fMeva a <br />