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<br />TRUST DEED
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<br />83-()o5868
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<br />THIS DEED OF TRUST, made and entered into this,~~day of ~cto~ert _____, 19~
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<br />by and between Benjamin E. Cornelius and TrU'ilor and First American Title Insurance Trustee
<br />:lITSl:e"F:l:i>me.uus, Husband arid Wife ,--,-, Company"
<br />and ~._S:2urity Pa~if~~_ Fin~=- COrJl~~~ion _____..__._,_,_______'____ Beneficiary:
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<br />WITNESSETH: That the Trustor do hy these pr<""'nts grant, bargain and <ell, convey and confirm with Power of Sale
<br />unto the Truslee the following described Real Estate including all huildings, improvements, and fixtures of every kind now or
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<br />hereafter erected or placed on the real eslate. situated in ..,_,. ______..Hal},______ County, in lheState of Nebraska:
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<br />Properly known as:
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<br />Lot 4, Block 12, Claussen Country View Addition to the City of
<br />Grand Island, Hall County, Nebraska.
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<br />Filed for Record___ ~_~____ ______.______ at
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<br />__.M:
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<br />in Book.
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<br />of
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<br />Page
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<br />and PO!;SCS5100 of ~.ai-d prerni"c~ now ddl\C"ft."d unto said rru\h~t.;
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<br />TO HAVE f\NO TO HOLD [he ~anlt. wIth al! ilgtH'>. pn\11eg('"~. and appurtenances. thereto bdonging unto the Trustee,
<br />his execuffHS, administrator'\.. heir... and d\~l!m... t'{)({'\"Cf _ And the Trm.!ol' !lcret1y expressly waives. rele-asesf and relinquishes
<br />unto the TruMet" aU nght, utlt, daim. W!("H,...t, bento'fit. and C'~tare v,,-hatt'\"e-r. in ~nd to the above~described premises and each
<br />and every vart thereof. \\-hl;;h 1:-. gj\,ef) 0/ ~'r f~sulh from aU hlw" uf the Slate of Ncbra.;ka pertaining to the exemption of
<br />homestead. And the Tru!>for~~()\-enant~ w1th the Tn-p.tce lhal he- \\-ill tore-vel '-'arrant and dc:fend the- title to the same against (her-'
<br />IlI,wfui claims of aH pCf\\ln~ "' horn "oeq~r
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<br />IN rRUST HOWl'H'R. 'e'r the '0110,,111. ek'..:"heli rUrr\""\: \\'I11'R1'A:->. rhe frustor <.lid on this date execule a
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<br />Promis.~ory Note ~\'lden...1ng a h:_;;.'Hl fl'lf ~he {":HilH:!pal .amoonl f,f )19.._2.6 ",tS ~ and interest thereon
<br />ac\.\)cding tl' the tcrmi>- Of .,md l~romt"',)O-i), 'ole: '~IJ ProtmY'll_)f~- l'\Olc hetng payabk In monthly Installments at such place as
<br />th-t Ben-efi(,lar~ may (,k~lgndh:' in "'fl!~ng. (rom lime tu Imw. Notwithstanding .illy rr(wl~i\Jn '-'ontaIn_cd herem or .in said
<br />Promissory Note' to the ':()!'Hf.3.rv, d Ot..H '\~h.HlCj p~oi,:L .Ill \,tHl\:-- due Jnd o"'-lng under :ht~ t\:llTl" of SJld Promi'isory Note shall be
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<br />paid on or before ... .JIctY~lDber 4, .198.6
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<br />It I'!- .i~f("t;'-J by and hcl~een rhe partlC"\' h('ft't,-~ thai unul fdlll.~ ~If 'oth.t' \Jf Di.'!au!t, the rrU\I(H .'~haH: (1) pay aU present
<br />and fmurt' taxe~ ;jria as<,e"'''mt:flh. ~t:'ll~f ~l! and ,p'':>':ldl, ,t~~\inq \;;110 !-1fupt'! i! bd~ge !!le ~~Hnt' b~\."(Jml"" ddinqucrH or a..:tionable;
<br />(2) "eepan imprOH;'mt.~nh (,>redt:"d ()Il {hI: Lwd lnHZit'V a... !lj.1Y t.\-1:"IC'i.}1..1lft'd !Iom ;iH1\'~ to Hrne b) bcueficiary againslloss by fire
<br />and o[h-er ha.lard\, -=a.....ualne~ ~nd ":,JnllH~'t.jh.ie", ;l1 "ih.:tl ,i:Jl,hHlh .wu i\.H \ti<..h p,-flO...h. a" are rea.')onable and may be r~qui(ed
<br />by benchcia_r~~ and to "'-ct.'P d!\ pi..llh':!\?'" ,}! ..u~h lll,'ui..:m\..c III f\H":l' ,-'f t;.'th.'(t \Jpon Iht; propeny herein desl:.ribed constantly
<br />as.s.igned and ddl\t:'t\.'d h_, bt'ndH:l.H., \J) p~i~- ,tnu ;,,\.Hupi).- .....ilh ,in i,lt tht" lcnn~ ano l.."ondiljon~ of any lien, daim or
<br />indebl:ednc~s th.!! n1.::ij b<- _'L'H101 1;,) O! la~t' pr(".....l"J{.'lh.:~ to 1hi\ J rU'l-l Dt'e-J ;1.. \\l(Hl 4-' an} ~u..:-h payment on such lien. daim Of
<br />indebt<<ines.~ ~haU ~'ume Jde, ,Hid up\)[i t,Hlwl" uf I'ru..,(\.)f ll' keep ,W} ~Ji-d agrt"l:!iicnb, b~HCfi(iary may pay ~uch tax, pay for
<br />such il\:!turan,,",, (\1' pay (1ft "lh:h iielh \H (li~lm~ or muebtcthh.....\ a... tht' ..'a~t' may Pe, and Iht' tnolle)' ~o e:\pended together, there-on
<br />as (.)f"o\"lded by the l.e-ffn~ or" the alm..:m(;'n!\()IH:J ProH\i;"sor} Note. ,hall h(' ...t:l:ureJ n]' this Tru,l Deed, and the TrustOr agrees.
<br />lO repay the ~m< Up,-Hl Jemand. and up<m ladur~~ h' do ..."l thr halan~c of the- aUa~hcJ ih.Hc _,hall bel:orne immooiateiy due and
<br />payable at the opuun of tht heflctti:iiif;.< t4) ,-,pt..\..ilh.:ally ..;onkf upon tht' TrU'd\.-'C !he pO\~-'cr of suit: a,') provided in Nebraska la\.\-;
<br />(.5) t('lam po')s-e~s.lon of th~ pi(nll~e--. and \:ull~t:i lhe rent, 3l\J (("venue... tht'n:from
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<br />Upon payment vf aU the ~um... 'i-~urt'd h;: tht.. lrU~1 Dt't,""J. tht:: Beflt'lt":larj ...hall !I:ques.l tht.' Tru~tet' (n reconvc) the
<br />property and shalt -surrender thi-~ Tru'\t IJeed and alllw-Ie:~ <"'ldc:n...mg Illl"kbh.'dnt')) 'tci.'ured by thi'. Tnl~l Deed (0 the Tru~tor.
<br />TruH<<: ~haU H,."'COllH'l the propei!y ~JthUUi "'aflillH:. il' th, pt:r.....H1 ,If pt'r..Olh l~gJHy ~nHlleu tiH:rt:Ii.'1; but if dt:fault be made in
<br />the- payment of .,a.id O\..He Of any p-all Ihc;fcof {H an~ n! inc lI1t,"re~f tht:ft'on "' h~-n am.' Of' !Ii i he 1;.Hthful perr~)nUdlH:( 01 dn) Of
<br />either of :-.aid a:gfec-mCHh.\t;" af(lr::~;d, then the ",h~~k ,it :>-aid nott: )haU be"...Hlw Jut' .lnJ bt' pa~d ,-is her~Hlaftt.'r pro'l.iJed, and
<br />this. d<<d s,haU re-mil1n In for,,"i:'; lhe hu\tct' \.)1' h.:. ..tliu!"n<.:)' ma~ pri..>;;:t't:d In ~{..H {he rrop~ny \11 lh tnlirt'!~ or IH pafl..:d~ at the'
<br />Option (.if the Tr'ti-~le(' neremlxkl-f"t.'" dc~\':ri:beJ ~-H rubH...: -.iLh,~h0n. t{) the hl!?hC'~t bidiJe". fOf (<E-tL Hov..t:"...,..(", the powa \Jf ~ale
<br />hercln c..."nfetred upon th(' Tru;,,{t:'e \haH no! he :l'XC-r.;'I.\--f,.'t.! umiJ t1} the Trui,.t\:'~ shall fif',[ file for ({'\..'ord. in tilt uffH,:e- (,)f the
<br />ft"@:isft:f fif d<<d<;, t\t C'.<H_'h ,-nH-fH~ ",'hi"f"rin Int:. H1h,! !'"'lfl)~'r!... lH ....J~nw p:.lrl n~ 0;.,,,,.-1 Ih,~r,'in h ...ifll~ft'd. ;l flotln' nf d""(~llh
<br />fde:nti(~int the_ TrUftlct oJ' \,ta~in-s lhe name_" ul the Tru"-t\}T ~-tJlJ ni.Une') thCh'IO J.l1J g!\-ing (th~ book and page whelt: (he 'tune l.s
<br />t"ecordcd~ il Oe,'M:nplton of the lru",t P'hJfX'Oj. ;wd ,-_orHd.inHl~ ,I "-lJt:::nU"I'H lh<il d. bread! of an ~rbh!!.ation for whh::h [he lru')-t
<br />-pt"fip("rL;: ~"a.it")n>':('yt"d--a\ -se~udt't ha.} i:X'-UiH~d. .1nd ~ttjng fo-rth the natUfe l"ll ..thh hrc.l...:b 4.tnd ",! hi) elet.:llon iO \ell \.11" ~a.u.'iC
<br />tu be solo such prOp('rty w. ~afk\f~ the tJhHg-H:-tioJi; ;Mhj f2:) .after :hc- lap:.-c \.): lh}l It:\\ th~Hl orw Hhllllh. thl.' 1 i'u~i:ee \hall giH'
<br />Jl()tk{:' of ~ka-s- pro<eided by Nebla~k;ll-a~ Altt:"I !hH~":t: uf ddituh dnd lup..;; (.l !hl! k-"", ~haJl dn~ 11hHHh. ~h\: r ru~ICt' ..haJi gWl:.'
<br />wnuen Dotk-e of the bme.afw l,t~l.;C .I)of ~~\.';' pi\jn~Uiafh- \.h:'\\':nbm~ {he propeny 10 b-t: '!o\)h,i h~ pub!icJ.tiiJfl 01 _~t{i.:h lh>il....C, ;.it k-ast
<br />fi\t't hfn(:/lt o-m:e-.. w<<t. fi:).f live i:Ofh((uU\:t,' ~Cl..~it.;.". the ia),t puhh(atlOH ~o h.,: dlle-:t~l 10 Uitb but OtJt 11\0ft' than 30 dar" pI li.lf to
<br />the ~lf~ at ~')ffl(!" nf'~',j.p-i\Nr 11<t"U'l8,;t ~_:ell(f.;d (it~'UidIHm lfl .;.adl nH.HH} in '.\ fH..h the Pft'Pi'f I! !I.) b~ -..uiJ, ur ~..Hnf pMl !hl'{O:dt,
<br />.t $i~IU3!N<. Upon \~h s.ak~ nl~ lHnf<t: ...hail (':\-e.;;:u{e ilnd -ddf\-\'"Z "t deed -01 ~~onvt:1an(( i.11 the p!'dpe-ny ~;,,\id h' tht' t'\ndu-\tr i,li
<br />put",-ha.~en (t-~n:uf and all). ,..~-ilJ(,J-lh:m 01 ft,',,-IHti r-d L."-d lH ~w:h d-('-cd in rdatHH1 h' thc' C\~h1-~~ lH 111\,< p"h"t'( \_ll _,-.li:t' ,tl";.J .,~-dt ni
<br />t'M ptt1p(n)' ~~1~d li'u;fc\Q. H\I,,'fuviur: l__~;,,";H~h -1,-c'rh:{"fHJn~ <lfl~ mJdin~. !)t'f,;,-:n.ai dd,,,('-,t! .tn~l pHt>lh..,\H~1n ,.<1 {ht' IH!tl",~ ,II
<br />dtfauiL "In); mil:H.i!.~i_ai"~ the- pubh\.~<ih~,}H ';;\.n4 j'HhtiHi<! oj nutit.:.;: f-'! >'~lk, ,tnd the ;..' 'Uuw_.~ n! ,,~d-(, ~In,i '-1..,,- h 1>:1. ;i,ll "-t,..tn ,-U!J\1\iU\t'
<br />N~m. {~~~ ('vi~n~...'t" {~t i.-tKh \-',~ttl.pliaflVf ;Jq-J ,,-.n'tj;dH~l'\o'(' c+'~4('tlo({' ~h:ut..d 11' i a-, ,~j h,-tt". t 'ik' rllr l~.j<,.rt" ;\,11.1 ell. uH\hf ;U;~'("
<br /><.H ~ii.l~ -'l,r~ "'i~h.{i,~~ E;"iiH~-t- t'f'f.-\; rt\i'-:if"'-' ~l~~~~d "'!l;.tH ~}~'i~IJ~t' {tj "on\-c,> ,ht. ~~u,~h;',c 'CdiCf!jj?!!i\l!,
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