<br />DEED O,F TRUST
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<br />83- 004349
<br />
<br />IlJ.
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<br />THIS DEED OF TRUST is madc this, 1.6.t,h . day of .. ., August. .
<br />83.. among the Trustor,. . Don. L.. .Steele .and Irene. M. .Steel.e,. .Husband. .and. Wife. , .
<br />. (h,-rell1 "Borrowcr")"
<br />
<br />. . : S.tewart:. Ti.tl.e .GuaranJ:.y. .Company. . . . .
<br />...'.......... Superior. Mo.r.tgage,. Inc..
<br />existing under the laws of. .N:eQras\ql. . . .
<br />R9ad.,. I', Q, ~P.X; )(il'l,. 9!"!'lAd, .:J;sl<Ind., .tlF;. . 6880~..
<br />
<br />,( herelll "Trustec"). and the Beneficiary.
<br />. . . . .. a corporation organized and
<br />,d whose address is.2121. No. .Webb.
<br />. (herein "Lender").
<br />
<br />BORROWFR. 111 consideration of the IIldebtedne" herem recited and the trust herein created, irrevocably granh
<br />and convey' to Trustee. III trust. with power of ,ale. the following described property located in the County 01
<br />. . .Hal+. . State of Nebraska:
<br />
<br />A tract of land comprising a part of the Southwest Quarter (SW~) of
<br />Section Thirty Five (35), Township Twelve (12) North, Range Ten (10) West
<br />of the 6th P.M., more particularly described as follows: Beginning at a
<br />point on the South line of said Section Thirty five (35), said point being
<br />Six Hundred Seventy Nine and Eight Tenths (679.8) feet West of the South-
<br />east corner of said Southwest Quarter (SW~); thence westerly along the South
<br />line of said Section Thirtv five (35), a distance of Three Hundred Forty one
<br />and Twenty seven Hundredth~ (341.27) feet; thence deflecting right 90023'
<br />and running Northerly, a distance of One '{undred and Seventy five (175.00)
<br />feet; thence running Easterly parallel to said South line of Section Thirty
<br />Five (35), a distance of One Hundred Four and Twenty seven Hundredths (104.27)
<br />feet; thence deflecting left 89037' and running Northerly, a distance of
<br />One Hundred and Thirty Seven (137.0) feet; thence running Easterly parallel
<br />to said South line of Section Thir~y five (35), a distance of Two Hundred
<br />and Thirty Seven (237.0) feet; thence Southerly, a distance of Three Hundred
<br />and Twelve (312.0) feet to the place of beginning and containing 2.116
<br />acres more or less of which 0.259 acres more or less are presently occupied
<br />by county road right of way.
<br />
<br />which has the addre" of.
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<br />42.4.6W,A;i.):'port; . RO<Id.
<br />
<br />,Strt"eli
<br />
<br />Gr.a'l<i. Is,lan.d .
<br />(Clly]
<br />
<br />NE . 68801 .
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<br />(herelll "Prop,'n\ ..\ddre,,'.).
<br />
<br />lState and l,p Coael
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<br />JtH,J lilt No \\1111 ,ill (Ill.: Impl\l\l.:nh."lIh lhl\\ I'l h..:I...tll.>..'1 \.'I\,-dl.:d \,11I Ilh: Ph)(h.:n~. .lIId ~dl l..'.hl..:IlIL'lIh. rlghh.
<br />apputh..'nanCt.:~. renl~ t ~Ubjl'Cl howt;'\"cr to th;: flght... ,1I1d ~lUthOTltli,:~ gl\'l.'n hen.'lfl to L~ndcr to colkct and apply 'lh:h
<br />rt.:nbJ, ro)altil..'\, minl..'f,iL oil and ga:-. nghb. ..lnJ prutlh, \\alcT. wah.'f ngh(~, l..InJ water ~lock, anu ;.dJ fl\(url....' nu\\- lIt
<br />hereafter attached to the propcrt). all 01 \\11Ich. Includmg repIaCl'nK'nl> and addItIons thereto. shall be deenh:d 10 b,'
<br />and rl..-'main a p~lfl ~)f the property \..'O\'l'r..:J b~ tiw.. Deed j,)f I rll~L and all of th..: fOfl..'gojng, togdhcr with ,aid pr\)pl..'rl~
<br />(or thc ka,ehold estate If th" Deed of rrust " on .1 k,,,,'h,)ld) arc herelll Ielerrcd 10 a, thc "Propert)";
<br />
<br />10 Sl( LRl to LL'IH.h:r (.t) thl.' fI,;pa~ml:nt 1,)1 tht.' lIh,h:hll..:Jul.'" l'\llkllJ..;~d h) Horru\\l.'r\. notl..' uah:o A1)g~.~~ 16"
<br />19!1,3.. (herein "Notc"). III the pnneipal sum 01. Fo:n:y, ,S..ix . T\10\lpp,n,q .aQ.<;I. NoJ.:lQQt;\1s. :-.-.-:-:-:-:
<br />. . . -:-7'7'.-:,-:-:-:-:777'7':-:-'-:-:-:-:77-:--:-.-.-:-:-:777-:-7', .Dolla". wllh Interest thereon. proVIdll1g for monthly in,tallmc'I1I'
<br />of principal and mterest, with the balancc' 01 Ihe m,kbt<:dne". Ii not ,,'oncr paid. due and payable on.
<br />. .!?~PJ:~J~e,l; .l,. 70.1.3. .. th,' payment of all other sums. With interest thneon. a,hanced
<br />in accordance herewith to protect the ,ecunt) "f Ih" De,'d Df Trust; and the performance of the e<lVenants .lIld
<br />agreemt:nts of Borrower herein contained: and (b) the rc'paynK'1l1 of allY future advance" WIth II1krcst Iherl'Dn. made
<br />. to BOrrower by Lender pursuam to paragraph 2 I here,)f (herein" F uturc Advances").
<br />
<br />Bormwer covenants that Borrower IS lawfull~"'I",d of the nt'lle hC'lc'by eOI1'c)ed and has the right t,) giant and
<br />c.Qn\{~y the pwperty, that the Property" unencumbered. ..nel that Borrower WIll warrant and deknd generally the
<br />trllelo thc Property agamst all claIm, ;lnd demand,. ,,,bjed l\) ;lny lkcbration,. casements or rl',trlellons j"ted III <I
<br />!ichcdulc of eJ\ceptlons to coveragl' in any title 1I1,,,r;lIIe, pol1e} II1,uring [,,'nder'> II1ter,'st In the Property
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<br />HElIUK4 I 1041.",", i;. fllMMfHIMC UNifORM INStRUMENT
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