<br />I
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<br />84-- '
<br />
<br />THIS TRUST DEED, made this
<br />be and between:
<br />(A) Richard R. Froiie and
<br />
<br />/ .../
<br />
<br />TRUST DEED
<br />
<br />oay of __
<br />
<br />/);tR.y
<br />
<br />Elsie ~~e Fro2~e
<br />
<br />ooa.la
<br />,19 8</
<br />
<br />, whether one or more, herein-
<br />after called "Trustor" whosemallingaddressls6.1f..iNQuQ.1Q 4""""" > Grand Island NF. 68110l
<br />
<br />and
<br />
<br />""
<br />t:':I
<br />'Q)
<br />",
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<br />\>/lj;<oO"
<br />e
<br />
<br />r
<br />
<br />(B) 10hn A 1.10] f
<br />
<br />8S "Trustee" whose mailing
<br />and
<br />
<br />address Is P.O. Box 428. Grand Island. Nebraska 68802
<br />(C) The Firsr National Bank of Grand Island
<br />
<br />as "Beneficiary" whose mailing address Is
<br />202 WP~r- ThirdJ'~ Roy 1768, ~r::lnrl T..:::.l::mrl NV hRRO?
<br />
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($1,00) and other valuable consideration receipt
<br />whereof Is hereby acknowledged, grants, conveys, sells and warrants to Trustee, In trust, with power of sale, the
<br />following described property, situated in HQ 11 County, Nebraska:
<br />
<br />LOT FIVE (5), ROSS HEIGHTS SECOND SUBDIVISION, HALL
<br />COUNTY. NEBRASKA
<br />
<br />The Intention being to convey hereby in absolute title in fee simple, including all the rights of homestead ,and'
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property,"
<br />
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum of'l'lJo H!lNn1n<n THon<;ANn .l.NODoi:ars($ ?OO,OOO 00 .).
<br />as evidenced by a promissory note bearing even date at the rates of Interest thereon which may hereafterbe,:pald.
<br />or advanced under the terms of this Trust Deed; both principal sum and Interest thereon being payablellccordlng,
<br />to terms set forth in said promissory note, reference to which is hereby made, at the office of the8el'1eflciary.orat
<br />such other place as the holder may designate In writing, the final payment of principal and Interest, If not sooner
<br />paid, shall be due and payable on the / day of Ar'" , 19 8"" ,
<br />
<br />c:tu fi:7"'./r,1"Wl,i../ /.'".;. /" r'._/JO:e.'.f-r'''- / :1.......#,..-.7 ...~
<br />Trustor and Beneficiary covenant and agree as follows:
<br />
<br />1 W.neftty" Title. tW$IOf Ii! la.,.t",H)' ~.lo<l oj the PmP<JHy,'1 ".iII!<QO\Xi Ilgrl! end
<br />la...IU1 autf\Qflt)- 1(1 ~l.O<] C{ifl"tt'f the P~IV. lhe j.>'OPe1tv ''5 1($& iIona ~H:tilll 01 ail
<br />1>6"& aM fHlcumbHW'Gll'$ <l').ClIpt ;'6'lS I\OW ~j f6CO-n:l. 8m! ffl.ostiJ' .oil W.H/UH aM
<br />ot<teot1 the hlle t'O tNt PtOi,)6lI) ~nlo lilt! ih.lstee ili1<;l '1$ $UCCtlS_, ant] JlSSigns
<br />1000elO'ef, ag.aUl51lfMt cWiuns Qf ...-51 p.t1$Ol'ltl T'uSIQI, .111~ a>Cj)801<8. ".,lll1lll'OI>llm_no
<br />Ot~ tl'te ~ Of I"'. 1 n.sl!hMIO.as. lier; l,IPOf'Iltle 1'\.IS1 PrOptltl)' !>..d'te<:l Ofl-I., 10
<br />encOj:mbraflCft fl;"lStil'lg Ab ~ !~ o.t~ t'le<eol. "'Ill ""<1Sti' lhlS r~US! 0e<<1, .nd "Ch
<br />..~~nt or suWI.me111 lthe-r8IQ. 10 De il~O and 'eco<~ aa 0 fl'Io<lg.QtI 01 ItIe
<br />trus' ~Iy II'> ~ mal1Ae. ano In .sUCh p"actl. and _ullall.e $~I'I other tlCttOl'l alJ
<br />in U\e 1)9imQI'> 0-1 Tf\l$tM mIIJ be 'OQlmtrd by .!ly pUllIent oJf !t.ture law 1ft OfQef 10
<br />;:>6"Ikt. m&''''am aM ".OUte\ !ne ltfln Ollhl~ 1r...31 ()eeo, il-S tho!! i$<lm8' fT~i' pe from
<br />!,~ II,) hmflalmN'>U~ '" supelto1rltlnletJ
<br />
<br />:.; Pa,.....& ot PnncipaI.na 1ft....,. r rust.... snail p..jf\nu.~11 P"'~ If'>iI tl"fl(:I~i QI,
<br />ill14 tnlllnt.1 on. Utd plomj~li' note jn.c!W"'I\iIIlfl~ tOvtlOCri Iho,'lelo oilS pJQ.vlQtu:,I
<br />l1e1-.m 00 'hoe e,1.t,tU"'OO .1 tflo@ plll'Ul 6fll.:! '11 \~ lTI;ln~1 plO.>G'IM.l Ihertt!l'l .no """~I
<br />p..,l\i;;'~.U, Pfl'tI()olfS'l all .gl~tli, ~'l1;;ht,ons j(\1J p.-ov'SiOI1S 01 aWf otoer ~,,>flly
<br />'''a1n;~nl Uty~.n CQ.f\JMK;I!Ol'! w.Hl \tU$ Itll~~IIO'"
<br />
<br />J '"'-.... "'"' ~ 01 PTopeft). fl\1510l ""'" nvt .:0"",n1l1 iIIlly __asle
<br />'.;>POl"> I~ ~Ol)ltit) iIfl4 w.ii. at 6j, I,~ m;lll'll.tn It'If; lianl-8 ,(l \}GOO oroel iIlf>1.l
<br />Co.l'ldlllOf\ anti 'a'!Jl m.i<It, ~mm tm'!o 10 l,me, ail r&pa,,5., ,,,.,,,.,ewa.::>. f~p!~~t!mlli
<br />Iio;;Il.hQn. aru:! ImtllO'teIDttnla w.lM;.... .,.. .ea$Of4lbl, 'tlQva!'l<1 lO P'''"..''1 .a.$I~.
<br />mP&<rl~t VI ~1.f<Ol'ilhO(l 01 Silid JHCplfT1.? No o".>(Jm" .,' "np.ov..m~nl no", :;,
<br />"<<utter WKIM "'pot'l I~ Ptop.;t<t~ "'....., bf: alleHKl. ''''T')(H'OO Of lhiFnOlt$n8(l
<br />".,tnout fhe~oor ...,ml<tn~on~l Q-l Bo,*I>\:..aly
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<br />.. 0...... \0 ~< VI (:.flU "I itn,; O<lfllilQ;e t..;;. '.H Ol>Mlu(.t'O'l';:>! It;.co bV'''''''1Q$
<br />'''''pO'''''iNM(\cl.l. \;>! p,tt.~\ ....OJ'*lr u:m'l>h,,,I"'~ pen ot tht: ir",':!l P~~fl.,. W1'><il'lnolO!
<br />1-....-cn ~ l.I ':;vo$<lKI b)' ,flw';tn.:." 01 c,U-,j.,". T'''15!l)l. iill '1:' 1!>O~ "QS,I 411(1
<br /><.,.;petllOe. ..ll: l)n:'~l~ re"1Ql... 'tlP<o,' '~,.....& jl,<<j ,,,t>...,l~ t..-~ ,>..,,~.. it~ "1t1dl!~ 01;5
<br />W'iIH';t~el'C in l;;U."'>ll"><O" ..ff"""O...u~/~ Pf'Ot ~''> !i"'''':- ;j..m~'ii8 ,>I ~st'..d,{}I> 01 ~,Ih
<br />1<'."C.t': (~">to~ a.,~ ..a...tu'OO1t M Tn,'SI", fr"" <.iiffim .p>.1<,;:,pHah" "W~,l~-'.aW $.."'''
<br />cn.1'9to ..nl1 athJla!>Orl$ 40 ~l I'l1.llK<l\aUy Ie$Mt: tl'W ~ii.i..tt <>"13 tot,hl, 0; '",,0'
<br />t>'",,'Id~, '1T\0>!~1$.06 po,<'$.Q!'4l1'l't I...,.,., *al fll<'!;.l''''.l ,mf~..1!Cil<!;~ "'''0' :,.
<br />i'O'...o.ch da:~ I)r ~tl.....l101\ T....st.., ~1'l~1 b\i! tl'''\'l~ l() 't!;mti4''8li1mf:HH ~mm ll\f!
<br />r,...'ll~ 10 I~ bt&fit Qllfie'~ .ra-l;.tl1/<C. p"X,.'*KiS l",l;,l<'~lJO b, l'''''l-l<!>e c."'l (m'_ It!
<br />l~.lil.n;;:;f l;'>e ~;,"., $...m $......l~ wfXJtt< ,~,.~_ W,j",,,,,G""
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<br />'i C......... I,,-tor. ,/ ~'-\,l~l<).< "~ .. ""'pl,X'l'", ""j, tJ~, ~" '11"';;1" :'.fM,.IO<)'io<i''I lo,
<br />P"~~" ,tl, ~p.;o;~"""'<$til'l...... ,.ijl'Ulj. llH,j "1,.......,.... ","09'*, if", ,..,w'" '.I' ,n" ..I..;. vI
<br />,~~ l'\C4fporcJi!l00
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<br />~ ~. fr..."lQt, ..I ,~, ."i,>&r.MI., ..:, m.$,nIOt.." ....,t" ".......c;'...,1> ........,....,J L1
<br />!'l....jl.C~. "'1i".,ol"~~ ....nl\ ''''''.~i 1..... U\o'! 'lfiV'''.\f''''l''\!l> <l"': j,'tl''"v''-,l' w,'....".
<br />;;or..h,..t;;-fiij ;.~ J"'<"f)ltn~ ~*'Il,., ''1'''' D. r.''l' "\i"l""'w
<br />"~'l.""" tl, '\.I<flI''''';;l 'H~"\UMl """~*ll'" ""',1.91~!!;..r'l
<br />.....t ...~,.. ""'~,...~" tl"" I,,;' '..,'fO.'..\l;....t": '''''.''''
<br />
<br />
<br />'e:speclIY,," Plilflles. "II trlsurance policlelJ mainlained pursuant to this Trust o.ed
<br />shall name Trust" and a.o.liclary as Insuf4ld.. as tne,ir r.s!1'llCfi.". -tnt.,..fI may
<br />4Ppeaf. and provide Ihilt the.e shall be no c..oceIlaUon or modiliCatlon withoUt
<br />Il~l"" 04ys prlOf .fiU.n notifiCation. to Tros1.. ~ e.~lic~. In lh4t ewen',any
<br />polley hel.under IS nol renewed on Of bfllQr~ Il~teen dAYlIi ptiOr to 11$ .llpir.llon
<br />dale. nuat.. Of s.net,-,=tary ~r procure ..l,lcn Insurance and 11M (;OJt ,..~ .hail!
<br />00 aOGecl to ItMI lof,n MCur. by It". TfU.t Dee<I.oo. .an.U.bII.r.-lnl....i:.t. tn-
<br />greater 01 tM tnl.H' rate IJM'Clflea ~n 0( I" hl.,,,-, IntelMl rate .vthof'*'
<br />by tM I... 01 tbe S'a1e ot Nebr...a. Trustor aMlhtellv4M' to, e.n.l1ci:afy ,hit original
<br />poHci.. of mSUfatlCe- and ren'_~ tMr<<tf Of memo- eEnlIes of..sueh pOIlelQ. ~
<br />'!!flewa's thereat F.ihtre to furnIsh lneutan.ee by Truslor. Of r~wal. .. rltqu!f4Id
<br />M.oyndef snalt. at the opllOtl of eenellclary, constitute- .. default. AU ut'lU.m.Q
<br />p'flm1ums .te hereoy assigned to Trust.. as addlttottal MCurlty and. sale and
<br />U)I)Yt'I)'.nce 01 ltIe Pfoper1y by Ih. Truslee &hatl opeUUe 10 convey to the pureh.....
<br />:I"\e T!u.sto. , mlele,t '" and to all pQlICleaollnsuran,::e l,Ipon the Trust Property..
<br />
<br />! Tu.. aM .....~IL ThlstOf S;all pay aU tales and spef:.aJ aQt6.meflts
<br />'fmed Of M-M1ssad iIIgalnal 01 aue upon tM Property bttlor& de!ll1Quern.y, and will
<br />.:Ia;jY\ll IQ aenehct.l"Y cop'es. ot <eceiplS al'lowirijJ payment 01 such laxes and
<br />"pac.a, as.S&&6ffi8tlt&.lt Beneliclary shall so feq.ue.1. Trustor agfMs thilll~..lh.U
<br />De aal1&d 10 each penodlG paymenl reQuired to be made hor&IJnde. an amount
<br />~~l,m.led fly Tnt!l" to tl'@ ~utNcie~t \0 eNlble TfU.slor to pa)', III !eal!il 30 day8
<br />t'eiOHt d611<'lQI160Cy. all tll1;&S, .aSft.S!lmenls or other putlhc coa/gEls against the
<br />r'.J5t PrOP-Q'ty. Ina t+ole !.&>::l1rttd by ~\'Illi TruSI Deed. or upon aGCQunl of the d~bl 01
<br />T"'e "1Cf1 ot 1"'5 TruSI Oeeo, logell\e. ""lth pl61rHumS 10f 'O$l.IlaI\Ce l$Qulfed 10 be
<br />;}r;j".QeG ...n.1Ei"! Ih'" flusl ~ >ill(] 1\.... ,m&eSl 6haa be poa~&tue to Trl1lSlor In
<br /><!'~Mcl tlw<eoi Uocn \lema-ad b}- Trus-:oo, Tr<lSICU I'ol'lillil deH"er 10 Ttust~ suCh
<br />'(1,:1':'0"'.11' sum.s of rflQfHtt a:i ale noce,s:;,..r\l 10 m.lil<6 up an~ (!e\;Clan,~~ '" me
<br />ar"<.;.un!l> ',e(:Elltsaly 10 lm~ T'U'il>.le \0 DiH an) ollh~ fOH.'JwmJ llt:lms
<br />
<br />6 "ddtUoMl U.N, frwHOl' shall maj,,9 illl paymtJrHl\. 01 IM8ret>1 ;,lno pllf\<;'~l ana
<br />PlwlT\&(lrs of any oltlel char~. tlll(!5. .no ..pel\ses conlracled IQ OCt paId to any
<br />l!'lnsl>r\Q jl~H> tlOldl;rs. Of ~,v< tMJoejiclar'e$ undel any p.no.' Trust ()e.elj, MQ-ft-gtiQit Of
<br />~,lI~$r sec-\Jlll,. &g'eemaOl. bel9le the d4ilh:l t~ ale d4!ll1Quenl anl.110 P3Y allY OI1'1&!
<br />':\a'rTl WfllCh ~OP;WQ>l.5Irnl $tk:\llily oranl*>j MflHI1
<br />
<br />9 PtOlWUon rat a.n.t~.,.. SKw.lt.. $hOl,ll(l l;u$I,,)/ I;lUl t.:.' m..... all; pdyffiOI1I.
<br />~"i' Iv >)(. ~ny ;s..-::l .11 r..a1'$H' prOvl(Jtid. or " ..n., .CI'Ol'l Of DI~odmg 15 COl1'\rnet'lc<<l
<br />~j;I';'r. malltfiall\' /lIHll\lds tlftnelii.I<Hy'i' ml"".M '" It>e P'OP",r1), mi:Hm';fliil. l;Il,l1 nOI
<br />'''Hl<et<:l IQ. tl'Jl'l!nflll d()fll.&;!~. 111-501'oe,,~v, IIrfilll1\).rfr\u,"I:! Of ~1fO'i~ltlg$ Invc!yinljJ a
<br />,....Ill<t...pl ,,1 ~..::;tlutlr.i. ,h..v, ~rn;t'..i.h '" T!\,l$1fi l),o! ..."1\,,ut Qt,IH;t~hOf\ !c \k:' SU,
<br />,."''J '<I!Jl1lOu' 1....II>?t! f('\ Ql ,i@ffl.8;n\l1-lI;o,', TiU!lIOf. ana w;ll>(!ul '1':!ll1l.:i1lmQ fruSclcl)t ItUOI
<br />11"1 0tl.i''il_I''''''' l'>tf'I""OO'!l;, 11'b;r <1'<to"'" <)< .}U Ir,~ Hm~. <l~'C mOlV ",,0\ >l'\1fCI1ll.8t!i
<br />,-""t~.1 01 .;ompluonlMt "'1 W\c...mb/JHK:W. ,'h8'ijltf <11 ';flfl w/"l..d' H'\ ll'.o} hld~,,"I'''rH llf
<br />",n\1N llVC~IIl$ \>;.) .,,!~~\.'l 5.01'<] "'''.>ptl<1., '. ~'oi1-!dllo;1J OJ''' ,"\lcI'> l'O::'WlI!l1 lr->t!
<br />!l.,...."!'''l.....~ ~" ;;'"'$\"'" m..v .)1<';,,' <1."-" h4t>,~,I~ .<\<J ll~.pto"'Ll ...I'~l....<l-' a:"ou""~
<br />"";""-''''\1 J,~t<tr'''>ll<~ltt,.j~ ,yo "ll-<lW"..I~11l! .H'''I\'''~ l> lee~ ",~\'\h,' 't,,,.,, M.llH.';.",W
<br />)''\>.C(~",,:~, .4~ 00 n...:",~~.!~ ". "<.'I- "'''I!'.'l, H'"I'I' l'I)''!iIU' 11'",;. "'"
<br />"~"'lI"c.<l ,< i" ;'.lo' '.""10 af.... "..."''''''' ....,.,"''!>'','~',l~ '." '" '''~~.. ,.". .'''<
<br />. , '<i."',l ,. ;,..,. f>.,_'J..H! ,'" ,~"""*,I,,. ',"-''1''1> .hp ~""""" ...... ",," ,
<br />,,,"1I,,.,,,, 01"" ,.,,,,,~.. "',J.'_" ...., ",.,.,,:~ A ,,,,,.,~ "'1'''' ""'.f!'" "j,'\
<br />. .,;.~j_ .r> ",~"".:_......,,, *,j!' '"'' '1"'>'<'-''''% c,' ,.,.. 1 '''~~ ,.'......,.l .,!.,., "'~_ ....'."..~ c....'ilI'"
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