|
<br />g3~ 'IlJ 6756
<br />
<br />DF-ED OF Tf{UST
<br />
<br />This R.~q.f ~= is made t~ .dav of . Deer
<br />1983 ,by ~~ca'1non~~~,a;?~ ~ ' . .' ~"'~;';;; y .l~~~ ~
<br />hereInafter referred to as "Tru!';tor," whose mailing address is ard wife
<br />2418 North Webb Rd., Grand Island, NE 68~lAREND R. BAACK, Attornev at
<br />Law, hereinafter referred to as "Trustee," whose Mailing address
<br />is P. O. Box 790, Grand Island, Nebraska 68802; and HOME FEDERAL
<br />SAVINGS AND I,OAN ASSOCIATION OF GRAND TSLAND, hereinafter referred
<br />to as "Beneficiary," whose mailing address is 221 South ~ocust
<br />Street, P. O. Box 1009, Grand Island, Nebraska 68802.
<br />
<br />For va1uabJ e '-'ons iderat ion, Trustor irrevocably grants,
<br />transfers, conveys and assigns to Trustee, in trust, with power
<br />of sale, for the benefit and se"urity of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the
<br />following-uescr ibed propertv, located in HALL County,
<br />Nebraska, to-wit:
<br />
<br />'JU~ eXHIBIT ~
<br />
<br />together \~ith all buildings, improvements, fixtures, streets,
<br />alleys, passageways, easements, rights, privileges and appurte-
<br />nances located thereon or in any way pertaining thereto, and the
<br />rents, issue~, profits, reversions ~nd the remainders thereof,
<br />including all such personal property that is attached to the
<br />improvements so as to constitute ~ fb:ture, ~ll of which, includ-
<br />ing replacements and additions thereto, are herehv declared to be
<br />a part of the real estate conveyed in trust hereby, it being
<br />aqreed that all of the foregoing shall be hereinafter referred to
<br />as the "Property."
<br />
<br />FOR THE !'PRPOSF: OF Sr;CURING:
<br />
<br />(al rr1P payment of indebtcnness evinenced by
<br />~rustor's not~ of even rlate herewith ill the pri.ncipal
<br />sum of .':;1'1 ,iLJi\tDRFP f61flllSUNO j\l\!f) NO/if1fl______ (~~ fjOO~llOO.OO ) I
<br />together \Vith the alance of such i"d,~htedness, if not
<br />sooner pain, due and pavah'_p on ;anud.,LL.._,ii9<20g9with
<br />interest nt ~he rate or rates provided therein, along
<br />wi th the paYMent of a 11 other sums, wi th interest
<br />thereon, ach'anced j n accordance herewith to protect the
<br />security of this Deed of Trust, to<lether with the
<br />princip~l and interest on any future advance as evi-
<br />denced by promissorv notes stating thev are secured
<br />hereby, and any and all renewals, Modifications and
<br />extensions of such notes, bot~ prinripal and interest
<br />on the notes being payable in accordance \Vith the terms
<br />set forth therein, which by this referencF, is herebv
<br />made a part hereof. At no time shall the principal
<br />amount of the indebtedness secured bv this Deed of
<br />Trust, not including sums advanced in accordance
<br />herewith to protect the security of the Deed of Trust,
<br />exceed the original amount 0: the note plus
<br />$ Nfl! 1 f]f1
<br />
<br />(bl the performance of each agreement ~nd cove-
<br />nant of Trustor herein contained; and
<br />
<br />Ie) the pi'lyment of any suw or sums of [\'lone)! which
<br />may be hereafter pilid or adv<~nced by Beneficiary nncter
<br />the termS of this Deed of Trust, together wi l:h interest
<br />t,hereOIl at the rdte provided in the. note.
<br />
<br />"0 f.>J;'otect the seeur ity of th is Deed of Trust. Trustor
<br />h'J!"cl:)y covenants i'lnd aurae" as f'ollows:
<br />
|