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<br />83...ij06010
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<br />TRUST DEED
<br />
<br />["
<br />
<br />THIS TRUST DEED, made this 31st
<br />be and between: K.
<br />(AI STEPHEN J ..AND MARLENE AIUGHES,
<br />OWN RIGHT
<br />after called "Trustor" whose mailing address Is
<br />
<br />HUSBAlID AND WIFE OF EACH OTHER AND EACH HI HI SAND ,HER
<br />,whetheroneormote, herein.
<br />
<br />1530 ST, PAUL ROAD
<br />GRAlID ISLAND, NE 68801
<br />
<br />and
<br />
<br />(Bl
<br />
<br />GRAND ISLAND, NE 68802
<br />
<br />as "Beneficiary" whose mailing address Is
<br />
<br />(Cl
<br />
<br />JOHN A. I"DLF
<br />ATTORNEY AT LAW
<br />address Is P - O. BOX 428,
<br />F1RST SAVINGS COMPANY
<br />
<br />day of
<br />
<br />OCTOBER
<br />
<br />
<br />83<
<br />
<br />,19
<br />
<br />as "Trustee" whose mailIng
<br />and
<br />
<br />P.. O. BOX 1566, G~~~_~!:-AND, NEBRASKA 68802
<br />
<br />WITNESSETH: That Truslor, in consideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof Is hereby acknowledged, granls, conveys, sells and warrants 10 Truslee, In trust, with power of sale; the
<br />following described property, situated in HALL County, Nebraska:
<br />
<br />THE I-lEST FOUR (4) FEET OF LOT Tlv'ENTY-TIID 22, ALL OF LOT THENTY-THREE (23),
<br />AND THE EAST TI-lENTY-TWO AlID FIVE TENTHS (22.5) FEET OF LOT TIffiNTY-FOUR (24),
<br />BLOCK FOUR (4), BLUN ADDTTIOll TO THE CITY OF GRAND ISLAND, HALL COUUNTY,
<br />NEBRASKA.
<br />
<br />The Intention being to convey hereby in absolute title in fee simple, including all the righlS of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing.. together with said property are herein referred to as the "Property."
<br />
<br />FOR THE PURPOSE OF SECURING pe~1pf,lPfrntbl!~tiWP .jt,gI;~t~nd covenant of Trustor herein contained
<br />and the payment of the principal sum of llllED FIIT'i--~~'eiollars ($ 8,300.50* ).
<br />as evidenced by a promissory note bearing even date at the rates of Interest thereon which may hereafter be paid
<br />or advanced under the terms of this Trusl Deed; both prinCipal sum and Inlerest thereon being payable according
<br />to terms sel forth in said plOmissory note, reference to which is hereby made, allhe office of the Beneficiary Or at
<br />such other place as the holder may designale in writing, the tlnal payment of principal and interest, if not sooner
<br />pald, shall be due and payabie on the__30tlL___<_<<< day of OCTOBER , 19 95
<br />
<br />Trustor and Beneficiary covenant and agree as follows:
<br />
<br />1. W...... ot ntl~... 11101:u1)I ~t- ,..I\ll.~ ~,~'1N...lt l"f! Pro"lttlh, ,) ft6i ~ nghllllOll)
<br />I4wt\l1 ~tllOfl:tytj)Hll~ cun~ tn.p.,Qye;I~. the- P.'IIP/fll)'IS ~rH...nd cie4., O!.U
<br />l~ ww:- ~utnblatlc.. .Ic~j h&<U n~* of 1"':~"'\1, -ali;J T'\,Ii{1l( *\~l ""am"ll; llmd
<br />o.I~ tbei m.. lu In. Pt-~ .;nto In. TfI.."$I~ ..n(l l!~ S"C-C8U<.1fS aI\l,1Iii$$Ign$
<br />kif.." age.1"*l the C"~rns 01 all ;>tl~. Tf~stOf. at ,Ifj ~lpCl't.e, .:!l mainl4llfl and
<br />~~... n~ u.n of thi~ Tnat o..o~.a ~ifln l,ipiln I!\ft "ttl.lsl Plop.!t'r .:!ollt!}$;;:l Oflly to
<br />~.anGet el(I$Ung.. oj t~ a.tlt rnu.oi, ~.;!tl':.i1:>e !I'H$ T'us,t OMQ, and Qc..,-,>
<br />~ Of,~ U~:llttQ, tQ be trj-flO.tAd re<::cr~..s a !TlOttO&Q$ of !/W
<br />Truat PfooortY If'I aIiCh n\at)fIti' &ni1m s..octt PlilCtI. atiQ _II! !aJ<.e s~ ~I~ <lC-lion in>
<br />in the ~IOO Of Ttw.l" i1\Iiy be. 'e<J:iJI!ed :IT ant Pflt-"fll Of lulun~ !,,"" ,n Ol~r 10
<br />~t" ~ ~ ptQ~-I>C.t m. 1>01\ 01 111i:$ 1rlOSt Ooww. as 1he $aInt! may b.e from
<br />tnn.tonm.~Cl~tet1
<br />
<br />.l ~ at ~.....,... 1fW>!Qt .sM.H p"n.:;t".",p)" pI() 1M ptmcip;l! ot.
<br />1lnl.1~ on, aaid Pf~)' ;1Ot4 1.n.c!UdiJ>l,; "~t "\h-a"~~ ID8!et::l <is cr~,'i~
<br />MrWn on ttlIt ~..' and at the plac. .-roa m 1t1.6 moil1r.e.r ;;rovide<:l \hti-re-\n and ...it:
<br />~tuany perlom\'.U &if'HffiQntl. ~it0lm5.rK1 ,,!C.-i$.lo.~S of a..f'-y oHtlOt "curll}
<br />b\t~~ In~tiQflwithtN$lr&1\HCUO<"1
<br />
<br />3. .............. ~.~, !J\Jstc.", ..~fj lie: conv"!',il .!ftj ....asttl
<br />\ql(ll.\ 1he.p{~ ~ wH>, .t.1l limn. mai~lAlI1lh4 Um;t in gOiX$ Ofdef 4jItq
<br />~ _ wlll ~ !rom Ume: to 1m''', ~j f~"lIS:. fwr:......als. f~:,\\C~<1!~
<br />~ tlJd ~ilIlt. .'fIJhk;h .U;l: f~bi)' f~\.t>(&IJ IQ -P!lh'lml ",ul*.
<br />~Q(~~ at MiQ.~t). Nv~\ding~ lmp;~1'lJ l";)w or
<br />~ ~'.~ In. ~y sn.i! be ..It..~, fe.m'O"V$1;l: or dolltlQilSheo:!
<br />~tbe;ariCf.rm.n~tc-1-8&.,.r~iiJ'J_
<br />
<br />~~~:~~=v~..=t~~<)~~%:~~~~y~U~7~;
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<br />~ .a .. t:~ltd by H'I;tl;IV'!<i11 "{W ~"l~""~M" 'f.,,:'!'l?/,. ,tl \t5 ~"I" (;(}Sl "fir.:!
<br />~..~ ~U(.~fOt., f~f_ !&f;.C~ tl.f<<J' I~,,-,j!-a tho i'illlme j$ roe"r}) ,U
<br />(1tC~to".~~,'i~tO.$'~'h"amag~Wd~tr>.ll:tfW'Otwl!'"
<br />~,~ aNI att~!'.hO~ .5 fwsf{,t rr",,, .1&e-l1'l *,p~mpf!ahl pflnlde-1 ~U;;l'\
<br />~.. ~,.i""".~ Qo Aq! mtl1tl!'t<<,I-)',"'.A" !f~ .....1I.hlif lmd uHHh' ~t '!l)-t;1'1
<br />~,~t. an4 ""~tt IIOf', '''''01 !fl~l;l\~ ,mm&';H~!tiI!~' pr'Or I:.;
<br />~~. /;)t 4at1\iCfiQtl Tlf.lltf(J( -w.~! ~ ,wuiiM !.Q !,;mf:!l,i:~m~t If(}'t\ the
<br />rt~~n.:"~.~ tM~.i~."'=. p"~r~ltfiOdOy-rf".'ll't1.. b\tl >Y!!yt~
<br />tNUwm!;l:l t~ ~t~~li!'t{1<<~'!Jndtt!' \O;i'$ ::"""1,,"-,&\
<br />
<br />!-. ~.1,.,.. it 'f'Nat;)f "'.. o;~..lth>:,n n ...-ill (hr, Jl;li Ih,r"ll$ r\IK~\l-Hl"i' !(,
<br />~It~ tP~tt..j.~'lil-_ h'Q"H;';'ld.\-';~j,*,"~",<;!",,~>l" 11':.;- Ll\....~\f t~!.a!!It c.~
<br />~'~.f~
<br />
<br />
<br />!&&P<<l-CIHtI P""t~, 1.11 '(lal.ifaf1tl$ ;JCU-ICI'. mamlamed pursuant to Ihl!;. Trust Deed
<br />511..11 !l;ljfl1l 1tl,l'$t"..04 a.flftflcfilry 1UI m""e(15, ~-S 1h$1I ,&SWCI....e inlere&.ls may
<br />",pp.o>ai, -ii.n-1 provide th.u thllctl: ,ha,1I Oil 1\0 caneenahon or modlllc;'l:UOn .....ithOut
<br />Hltft$fl ~)'IO priOr ....ntt6fl ooliticallM to TllIlI-lee and 8en$li(,;lat)', 111 the fl.v,,"t any
<br />pol",)' l\4t,G",nder is not f6fl9*OO 0/'\ Of befofe Iitll:Hm d.a~a priGr 10 Its vJ;gltatiOll
<br />tlale, Tru.I.. Q!' a~fic1&(y may plocUr~ 'Sucn IMurance OiInq t/'llf cost In.'1I01 ,hall
<br />be ~ tQ Itl& loaf! lillCl,/led by thIs Trulit DNa. a.l\O shafl bear in\IUe$t at the
<br />i,l'ealef 01 the int....at rate 5P'ltCllktd the-ruin 01 the hiQhe6llnhtles.1 fale autholill'ld
<br />b) lhe La.....5- of trle $tat(l.of Net:auka. TfU$tOf $-hall deliY9f to BenefICIary trle orlg.lnal
<br />COlOGIe!> ~ W$l,Ir...ru;:e ~ rEln.walS t~eo-f Of mttfno c;oplN 01 SUCh policies ana
<br />'tililw;lll!l. tt!ereo!. FililUf@ to fUf1'l~flI1l5UranC(i t))' TI\I$IO#. or renewals as leQulrilld
<br />fl6f41l,.nd8f $tl<itl, ltt tM option vi B&neflciary, consttlute a delault All uneil1rnt(l
<br />p'emU,HTI$. .are h.ll'eby i!!l.SIQnOO IQ Tr\'/sle-e as o\ddtliO'lal !ilecurily "'nO a $llte and
<br />i'ur..'<!titr'lce of the PfQp61ty tly lr..: TI\>1it" s/1all O~filte 10 con-<$)' 10 thtpurc/1aael
<br />tt1a Trustt:w~ Inle.t&$! In alld t'J. aH pol,c-IeliOI'n$uraIlCEl upon the- Trust Prtl-pefly
<br />
<br />? ra.-:.. and A.~amenl$. r'l.I$tOl &l'llSll pay iW ta,.;65 artQ spe.:::laJ a~smiln1S
<br />''i!~jtlC .or ;.usns-~ _/Jalnsll)< duot upor; lhe: PrQp6flj Defore delltlQv8f\CY, and wtii
<br />dfflt..er l<.> BlHiafki./y c'O;)i~~ 01 rec8ipla ahVlNinq pa)'fl'Ifl'1l1 of such tolXfltl, ,jIl'l(l
<br />~l;l! aSS$Ss.meflts 1I8e<wliciary V1.aJi $0 request, Trustor agrj)e~ tNiltho)re shaH
<br />04: a,;~ to. 'HK'h ('<61'1001<: j),Wlneflt requ..ited h:l ~ ~aoe henw,nder an llfmounl
<br />M-tlmaled 0-1' rrU!lt~ ~o 00 Sl.IflJ;;if,\-nt to enable TrustOl' IQ pay, ,;It l.aM :w days
<br />tl-itiOlil o~!;tlQu-en;;y, aU llJ>\e~, 3$WS3rf.....l& Of Qt~f puj,}liC <;;1'1.;99. ;l;g/tlIlSI !rj;j
<br />Tiu$! P'rope-ny, l~ NQt..".;cuJ'OO b; :tu-s T'u$t~, Ulu.PO" ji!,CCOOIH of thil Cleo! <:II
<br />H;e 'I€->" Of Il'1J.S Tna! -D~,'. iCJog'\lth<!i' .....lh pftlr:H.urn$ for I!1SUf8nce ftlq!li1ea :0 PI'
<br />N0y;,i~ "lld'l'i lr>".,. TroJsl D~~ <lnd "0 ,nl>!ftl$l s.h;1l( t~ PilyiltJle 10 Tru~tof ,t>
<br />'(r',Op~t l:n~nool. Up"'n ,'i$flIall..:! by f'-"S.leo.<. tIVll\;.~ Stlil-lt a.1Hfe.r III T;~!(ffi S\J.:n
<br />M!T1C-f\a' -llurr.!$ <:!-1 m,:,ni;lf -'-'" ~I!;! r'1l-Callsary it;! malie UP any deliciancy m 'I;j).
<br />~!'x.hmh ~V!>S.jHy to .,nl1t.i(! l'IJ-Slo>.l10 ~ay ill1y oJlhe r1}r~Clr1Q llllffiJl,.
<br />
<br />fl. Add.-~ lftons-, ,q.i~llj< 1:Ih41i\ l'f>Qk!l- R11lh'}'tnl;!f1tS 011f!!~;1i~~ ill~j prin"arlill ~n<1
<br />j).!I~rlY4!.....tb trf 8[1)' (;:htt, ,.TliIQf:l'j;, I"s, lIF'ld "...Ptln!le~ c.onlr4ctoq I" b(! paw 1'-' "(lY
<br />(u:j~tif!1,) h.n 1';Q(-\.ltIftl: (If pfiO<' b9fltJ;tl'.:lllfl~'! ~ndl'H an~ prlf,,1I TnJ:l:t~, MonO."" or
<br />atn.r D$C!J.m~ 1ll.ll'_m6nt, ~t~ ll\e dilll. 'I'ogy atlj> d$I'IIi~'.dl-nl i1:f\d to pay :1",- 01hf!1f
<br />~!",.m wnJc;:h ~fdll::a!t I"''' $,<<l)nt, gt~f1hl'oj ~t.,(>
<br />
<br />U P'fot.<-Uon Qf 8-.rwJk;lIty'. SltQtrity. S~id 'r~",~iOf fl!!il to t111,\!o;'\l a<l~. p;;'yrniOnl,
<br />laM to ~o ~11'1 act "ft ~r.j!'l t:flW~. lW !llIny ..ctll)-l1 ()! PIOCfl'dIl'\-U J) (:-(1!M'H'!'1Htd
<br />whll;n .mll;tlrlafl)' affeels &./1.flc-'l!,'~ 1n.le.fftsl Jrl f~ PrOp-8!'lt, ;11,;;1U41<t\1: tl~1 11-,,'1
<br />!;1riittd ~o, th"'lrwrll <kot"-it-ir" t~I:l&,l'l/.-nc)', ;/I,t!./'jOaffiftflt~ oJr pF(\tfl<<ij;;O~ iIWQI".Ir>g -l4
<br /><--4If>):fUp1 V> d&c!.'\i6":' n,.,.,. 8.f\I;\~K;.JI)i {Jr 'rf\l*~.'l1 iT,,!l wllr..)ll1 1':!b1loiliiOM lt~ at'< *c,
<br />~~1 Wlt~~t '-"1HC,f,lOi:.>f ""'.~m4n<1I)p.:.r) f....!:W, l'lnd "Hih(l;J! tlllleuii1\j 'fru'ltto. fn.m
<br />ll"-'t ;,.hhy..-gc" ~f>""Mf. "!l~'f "".Aii ,'0< tllJ lh.$ l\.4'(!'\(!, jo"d IT\~n .'A'l. {1'\Ilr;fla-,e.
<br /><,;;-:;'~'!;;s\ ",l{' ~'::-I'l'>P' ~\"'!"" .UI)' ot-N")'tlt\I-J<kR c-I'l.v",., '-" i~" ....h!r;n.n ttl$ .f<I"if",,.>\Il'>-,"ll i,ll
<br />",1'l~1 <tPl,.'\INI1, ',:, ilnOCI ~;7] ~v~.",;f!; ;,! !".\t~d,"IHl.\l !l"l' $l";'f" "'-'\110" ~r-..
<br />'~~~1f 1l1,':O ~#' f!u.'l+e.. mlt~ '''~'.I' 1!."1' t'i'tr,.'i. :."4 *-'.\(r~ .",h.H'II'<i" jl,ffi..i\i11f$
<br />'t;,cl\jr?l,.", ~~l*,l'li'Mr<>e"!$ ~"l '*"""''".:tei,1l ..!l~':'ie-:<,'',- I"",,~, "'lJ-id, :,-, tl'1'l!l' Jl,t'~mj.",,,
<br />+.1't.<,,>"<:'!> :>">n' i','tf' ..,.g.....,,':'-""~ >" t,... "lO<')'" P....l ~.\J"'tV< '<<'-ilI" !ll'; I;; ;:1ft\:>.i"'l'
<br />;or".", ~~' ''''''~$ ;!tn(! -!;,l>t^:',,", ....~~"'~.l''I'#''~tl! (" '<c' "'Alo:.. ii'"
<br />!,), 1'>'-;-<:." ;;.'" 11'<... ~n.:!1->,-,,;:>.r~ '''-,\-,
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