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TRUST DEED ~,...•+ Q~2Q1O
<br />THIS TRUST DEED, made this 6th day of Anril ,19 B4 ,
<br />be and between:
<br />(A) ~T-YSCChyo ~,,.y yjr.t<t y ufrr•>7~
<br />whether one or rttore;herein-
<br />after Called "Trustor" whose mailing address is 419 W~*andnttpe Grand Tatand,F TSohrnska
<br />and
<br />(B)
<br />Tnhn O_ wolf 8a "T/rlafee`•whCa~ttafiirig., r..
<br />addressls P.O. Box 428, Grand Island. Nebraska 68802 ani!-
<br />(C)
<br />ThP First National Bank of Grand Tcland ear'Beneficiary"whosematlingaddreaala:
<br />202 West Third Street, P,O. Box 1768. Grand Island. Nebraska 6$802 ,
<br />WITNESSETH: That Truslor, in consideration of One Dollar (St.O~ artd other valuable conalderatioh rerxtpY
<br />whereof I9 hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of"sale; the
<br />following described property, situated in Hall Courtly, Nebraska:
<br />Lot Twenty-Five (25) in Block Two (2) in
<br />Southern Acres, an addition to the City
<br />of Grand Island, 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; andatl 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 T-nstor herein contained.
<br />and the payt~nt of the principal sum of FTGtrrr FO1TR 7•ttntTCaHn___ Oollaro (i 84-.non _ nn ),
<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; 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 Beneffelsry Or at
<br />such otftef place as the holder may designate in writing, the final payment of principal and interest, if not sooner
<br />paid, shall tte due and payable on the is c day of Anr i 1 , 19 R9 ,
<br />Trustor and Beneficiary covenant and agree as follows:
<br />1. ralraaly M TIY0. Trustor is lawluny Seized of tM Properly. n naa pond opal and
<br />lawlul aultyonry t0 Nil aM conraY tM RopenY: IM ProPw1Y rs irN aM ciNr dl ail
<br />INM orb aMrlrMnrlGi eawpl Itenb now OI reDOb; orb Tryslw will wamanl and
<br />MIaM tM flip t0 IM PraparlY unto tM TrySIN ono ne aucnaNm aM aawpns
<br />IwavM, apaMN IM cbfrM of ail wraon0. Trustor, al its eapNN. Will malnialn ono
<br />prNaM its Ibn Ot iMa Taut DJN n a IIN upon the Trull Properly wbiwl only to
<br />Nwmbranpa Nlanrlq Y m tM dab nNNI, will cauN IMa Truai Dead, eM sun
<br />arrMMmNI w wppbn,ant tMnlo, ro M f11N aM racordN N a nrorllNpa of IM
<br />Trw1 PrODar1Y In sucn manMr and In sucn place, antl will lake 6udn otMr JClwn as
<br />In IM opkkn of TrwIN meY N rapuirad OY JnY pnwnl w lulus law in wrier to
<br />Nrbcl, malnbin aM pOpcl tM lion of Inia Truft DNd, as tM came rMY M Irom
<br />tlrM tO lNrla arllantlao w cupplamenlN.
<br />2 tMTaaMIN lMMitlal W laaaraal. Trwlw atoll puncluallY DaY IM Dnncrpal ot,
<br />ono MlarNt On, oak ptaniNOry nose including any aowncea tMralo ea prorl0ao
<br />MNq on tM daW ono al IM place orb {n IM manner provbN IMreln and wul
<br />pYMtwlly pm(wm ill prNnynl0. cl)ndpbna aM Provisions of any o1Mr Ncwily
<br />IMWmMtpiNn In cdnMpiion WIm iniO lranNCtlon.
<br />3. PaaaaaNYaa aa/ alallllallalrN al PraYarly. Truslor wui not comma any waste
<br />upon tM PrOpariY aM will, N ail Iimae, mainlaln IM same rn good order antl
<br />cOMltidn aM WIII make, from Ilma to ilm•, ail raDaus reMwalE, reppcenwnts.
<br />Jod11gM ono imworarMnu wnrcn are rea aMbly re@uuetl to Drevent waste.
<br />IrnpalrrrMnl, w tlatariprauon of sold propanT aNO Durbrnp or tmProvemtlnt n
<br />MrNllu aractad upon IM Property atoll M entered, removed or dema~snoa
<br />wi11wu11M Priw wrlttM conaant o} [Nneficrary.
<br />a. wOya p Neiarla. In caN of Jny tlamapa to, or deatructlon of, 1M Owkmps,
<br />ImprdyarMrlta w Nraonal wOpanY conapfutinp pert of IM Trust ProparlY. wMiMr
<br />wch Imo is cOwrad by IMUranG or OtMrwiN, Truslor, al da sole coat and
<br />espanaa. will prdmplly reatw0. repair, replace and rebulk IAe same es nearly as
<br />pracliGWe to Ih condition immWialely poor to such damage or destrucDOn or with
<br />sucn cMnpN and atbgpOM as Trustor may deem eppropnate provltled sucn
<br />cMnpas aM alteraliona rtg qpi malarlaily lessen 1M value and utility of sucn
<br />twibinpa, ImprovarMntf J1a1 paraolwfity from tMl eaisnnp rmm@dlateq prwr to
<br />sucn w daatryctlOM1 Truslor snail M entlliatl to relmburseman! from the
<br />Trwb~.bt ~stantof its Mt incwance DlOLNm received OY Trustee, but aMy to
<br />IM aslant o11M actual sum eapanNd under Isis prorlsion.
<br />S. Ca/xap Tayaipr. 1/ TrU61w ra a cwpOretkn, 11 well Oo all Mrnps npcea5ary +o
<br />praNhe i4 ewporala aslslanee, rights end prlveepes under Inc !awl OI the slate nl
<br />M in~oYpwalpd,
<br />d. le)turattN. TruetOr, el its esppnae, writ marrtlarn won rns ~r Ors approv¢.1 Dy
<br />ganafippry, ineu[anca wits rNDect tp m@ Improv@menls antl ~P¢rsanal properfY,
<br />wnatitutinp ine Property against loan by Itre, IipMnlnq, tornadc, sod o1n¢r peals
<br />coralN OY nlanpam esbndad coverJpe enduraem@m, In an nnmunt ¢cual to at
<br />hNl OM hYMIN Nmeni Ot its IVII raplaLemenf value tnEr¢O+, antl rnswanco
<br />agJinal sucn o1Mr MFarda and rn sucn amount as la cvstomarrly Larn@tl by own¢rs
<br />one opemwa of nmuw prnptlnl@E and as Denencory roar ro@wre +o rls
<br />WpieGinsn TryaNr WSI! comply wlin such olMr ryppiremen(9 as eenBnLtary •meY
<br />Irpm lMW f6 littw re@u@ar !Or rhB OrOiettlnn M .nauran-e of inp Inter~sl o m6
<br />rsapeOliva partiaa. All inauranca poliewa ma1nlNMtl Purawnl p inp 7rua1 DNd
<br />shall Mme Trua1N orb pMwlkbry as InaureN, as IMir reepactlw glMNla meY
<br />eppwr, orb Provide IM1 IMIa JMII N no unNlbign or mediNNlgn wNllOUI
<br />r111Nn days Orbr wr111M nmtlkabon Io TrUa1N aM parreliciary. In IM ewnl Ny
<br />pWkY nerwMar Is MI renwrN On or Mtwa f1/1Nn oaya-plOr to ib aspMibn
<br />dale, TruatN or BwNtklary meY DrOCUre sucn inwrarrca spa IM COaI Itylwl atoll
<br />M addN l0 IM ban NPYIW Oy IMa Truai Dab a11p.rahN1 ONr infMNi N IM
<br />prMIM OI IM Inlataal rap apac111a01Mrap w IM 11(r11N11nIMNl lab wIMIWd
<br />OY IM Irra of IM&aN of Xabaaka. TMalp Map YMlaar to Bwblkbry IMOrIpIMI
<br />pollclN of Inwranp aM renawW IINrNI w marts capiaa of auto pollpiN aM
<br />arwWala iMraot- Faflura to lumian kwrance by TNaiw, or reMwala as rpulrW
<br />narwnaar atoll, al IM oPlbn of 9NNkbry. conatilute a default. All unavewo
<br />premiums are MrebY aaaipMe to TWIN as atlditional security aM a NN aM
<br />nveYance of IM PwpartY by its T1wIN atop Operate to comp to its RurcMNr
<br />tM Truatw'E Inbnal In and to all pdiciea of inwranu upon lM Trust Proparry.
<br />I TJaN JN AaNNwM4 Trwlw sMll pay all lasso and siswial aaNawMnls
<br />awN or asaNJN against w tlw upon IM PrOpany peters tlellopwncy, and will
<br />deliver to BNafICIJry copiN of receipts aMWkp wymenl of sucn laws and
<br />speaal JsSNameMa 11 genellciary snail so repueat, Truawr aprNS loaf tnJre Shall
<br />M atldad to earn penotllc payment reduuN 10 M made neraundw an amount
<br />eslrmilN by Tru91N to M sulircwn! Io enable Truslor to pay, at IeJal 30 tlays
<br />M/we Oeiinouency, all lases, asNSSm@nta or o1Mr public charges against ine
<br />Trust Property. ine Nola secured by'nia Trull Dwd, or upon account of tna tlepl or
<br />tl ¢en pr inns Host Deed, topetnar won premwma form mawred w ee
<br />olrovbetl under tint i'rusl Deed ana n rnlerast snail OBSpaYable to Trustor rn
<br />aspect Inereoi. Upon demand by Trustee, Truatw snail deliver to TrwlN auto
<br />adoitrOnel s of m n¢y a SSery to make up any deltcrancy in ine
<br />amou.us necessary to enable T.ustae w pay any of ;De lur@gornp rlems.
<br />9. Add11aW k4na. Truslor atoll make all payments of inieresl antl principal and
<br />Dayments of Jny otMr cMrpaa, tees, antl espenaea cdntractw to M paid to any
<br />eslstinp lien noldws or prior MMIIOIartea under any prior Trust DNd, Moripape or
<br />ether aeeuniy agreement. Mtpra IM dale lacy are dellnouen: end t0 paV any OIMr
<br />claim wawa leopabl:es the secu,ny premed neretrr.
<br />9 Nralaeibn M MMlkpry'a SNYdIy. Sfwub Trustor tall to make any payment,
<br />tail t000 any act aE Mrein prOrldad, or II my acflon dl prweedlnp Is ecmmeneed
<br />wh10n malenaily e11BCle BaMliclaly'S internal rn ine Property. mciutling, Dul no
<br />rmlled lo, eminent domain. Ina0lvency, arrangnmenta or prpceeCtnu+s lnvplvrnp a
<br />OJnknpl or tlecetlenl, fMn 8tlneficiary or TruslN buf wrlnuul opllpaflnn to tlo so,
<br />and without nolme to or demand upon Truslor, and wtmoul reYeasmg Trustor !rein
<br />any opiigatlon hereunder, may make or du ine s and may peY. purcnese.
<br />Oniesl Or COmDrnmiee any anCUmbrdnce. Cnerge Or I ae, wn,cn In the jvtlgOm of
<br />elttrer aRpearS 1 affect acid Pwpeny, r sing any Su<D Dowersn!n¢
<br />Daneli<lary or Truslae may l ' any irabllllY Ver:d e.Nnd whatever a
<br />n<ludrnp dlbtrvr Btlrn¢n16 0l r@ Habib eltarrmy s .@ wnrcn rn irtgrr spat. u'ln
<br />drgcret{On. meY ba n saryaln the a t Innt Trrglc+r e rl to pr OLUra
<br />r n pay taSess and special esaessmer:;s or 10 m. any payrnranis rr
<br />~sl ~rq nr~prtrvr ri n 101''-f@i5 C nelrcrUrlna, me Denei n.rmYhe iaY p
<br />antl make. 6uLr! paymarOts All svm5 rnuu!rad Or ¢rpend¢J h-/ 8una'~cr~ ~
<br />tx rvsie¢ rn acrdrdan5e w~m the provrslo.ra or tot, Trull Ueoa a•=_~.r..rrbd r,e;eDi
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