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<br />TRUST DEED 84,..... 003161
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<br />THIS DEED OF TRUST, made and entered into IhiL_14th _day of ____Jun~.__._____, 19~
<br />Lowell V. Spencer and Firs t American. Title. Insurance
<br />by and between. Norma M. Spencer. Husb.!!!!<L and, Trustor, and ____..____ 'CotIIIlanv' . . Trustee,
<br />Wife as joint tenants with dEbt of survivorship and notastenan:ts in'cODDOn
<br />and !':e..nri "y Pad fi.. Einaru::.e-Corporat:ion,___.______.__.__.._'-~_____.aeneficiary,
<br />
<br />WITNESSETH: That Ihe Trustor do by these presemsgrant, bargain and sell, convey and confimtwith:PowerofSale
<br />unto the Trustee Ihe ioilowing described Real Estale induding all buildings, improvements, and'fixtures of"vetYldn~now'or
<br />
<br />
<br />Lot 4 in Block 2 of GiHlert I s Jl 2nd Addition'
<br />of Grand Island, Hall County, Nebraska.
<br />
<br />Property known as;
<br />
<br />Filed for Record....____.____.....___.,_.__. at
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<br />and possession of said premise:" now delivered unto said rrustec;
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<br />TO HAVE AND TO HOLD ihe same, with i,11 righiS, privileges, and appurtenancestheretQ
<br />his execUlors, adminislrawn. heirs, and ~i~>:ligns forever. And the Trustor hereby expressly
<br />unto the Trustee all right, ude, daimo jnreresi. benelit, and esrale- whatever. in and to
<br />and every pan ther~Qf, which ;~, giVi.'H by O[ restllt,~ from ail Jaw... of ih-e Stale'of Nebni$ka
<br />homestead. And the Trus.tor I:'ovenant:\ wHh the Trustee that he \\.'-m fnrevfr war-ram, and
<br />la\\'ful dajIns of all persons ....,hom.soc\'cr.
<br />
<br />IN TRUST HOWEVER. (or rhe following u(';\t.:rihtd pHrposes:
<br />
<br />Promissory Note t;videncing. ~l ioall for ihe principal ~1fW:)Unr of
<br />ac(~otding. :to (he terms of ,:>ag:! PH)mis.\Of!' !\iote; "-~tid Prornis..:;ory Nt')l(- pay-able
<br />[he Benl':ficiary lnay- des~gn.;-dc in \"nung from, ;;rHt to iirne< Notwith:H:dJhJing. an)' pru\'is!_on
<br />Promis,~o:ry ~Otr: iO the cunHary, _tf nor )txmer PiH.1. :ilI :,>um..;; d~J(;~ and {)wjn~ under,foe term~
<br />
<br />paid on or befo. t.~
<br />
<br />.6l191.89_
<br />
<br />~l_i!:' agreed b~ ':Ul\J hd~n.'n ~h(,' panics h~rc{\,.l iimt "-mid tHing n.r Notil.:'t: (:f Dc-fauh, l-he Tru.5toI-s.h_aH-:{.I-) 'Pay aU-:Pre$e~f~
<br />.and future taxes ~lhd a~~C~~I'n<ms, z:,r:ntfai and ~,pc';:i[.d: ;'.(t',awsT '\:aH:J J-H\)PC'~lY be/(_:r~ {h~--".une be<(}mc~ delinquent:()racti~~bl~;--:.
<br />(2) keep a,if tmpro....t':IH-enh ~rt'ded -on {tiC- iand nhl-U"cd ~V'; may he tt;"4uir\:'d fn)m umt' l(l t.lme by btnef1dary ag~in.st.-l_os.s:-byJjte/
<br /><i.nd olher ~\a]JHdo~, ..<J)uahH'~ ~ilU ~:orHlng~lhj!;~, In -;\l---:.!l ~H-n'"~UI~t\ ,tn-I.! f(lr.,slJ,,"h pe-rkH:.ls a~,are (casoo_abJe aJldJ:na~_ ~e:-req~~.f~e_~::
<br />by bendk,:;.ry, ;mJ :~). k-e~p ~ijJ p~}lk:t';'; t\1 ~l~~h :~1';U,an".:-:: !:! !,y-.;t,'_f'f t"!k~{ !ipOn the,[1fffflen-y _her~jn d~dbe4,-:~,?n~taftdy
<br />a.ssigned and \,Id.i',-'tfed i;.,:. belH:"!I''':lar:.-, U) pa) dWJ ,->:,m-iply \\-ith an _of the terms Jnd -~on-d'~tion~- -of.- any'-!ien~_ :dami--,o~,
<br />inde-btedut;:.,;; i:hal may' he <>.cniur to 01 l.ah' pn..-l.-fJ-.:.;I1C(' fO nits. fru-st Deed -(t,). ';'OQfl a~ any !t'ti~h-paYmenl,on such_,l.ie.o:i,-d~~;:6t.
<br />indebt('un<,~.\ _shaH b(;>(on~,c dut..~ and Hpon f.1ihH-'':OI_ Tru'!hJl' tn 1(1:~{! <Hi} :-:Jfd agreement~._henen"iary m'ay pay._sUdltax;'~:PIl.Y':~o_~
<br />such insurance Of pay 0.1'1 ,'iu",h iicn:-; ~)r dallll~ or Inde-htedne_,,7. a1 the C~i5C may be, anq .the money so,-expen9W_:log~tber-~_fheteo~
<br />as provided by the INm~ (If lhe fl,I()J(~rnemil}lk'd Pn;Hnb~ofY N,){e, ;-,halllk .\l;.'.,:ured by (hi's Tru;t-Deed" <i,nd-, the Trustor agrees
<br />to repay the- sarne UP(l(l de-manu. Jnd upun failure {ntk). ~~O Ihe halall':c uf thr aHadh:J note shall become,tmrnedia~_e-Iy:'d~e and
<br />payable at the option of the b~n~fi.;::iar~: (,'t) "pcciffl.:aHy \.'0n(c1 up-on the TnhLt"c [he p-o\\'ct: of ,ale ail provided in Ne-bra,-ska,'law;
<br />is) retain pO-"S<:'S:-.iOfl cd lh~ prcn~i."':" and \.'-pJh:u ~h~ f';;;'nh anJ r~\'cnu~s {/it.-:rt;frnm.
<br />
<br />Upi..)f1 payment ,--,f aU tht ,,:-urn,>" ::,c',:uf\;'d by rnEt Oel.'d. ibt;; Ben!:ri>':Huy ':.h~U request the Trustee to feCOnvt~y the
<br />propt.'Tly "my "hidl )u.p:mkr Ihi:-.- Tru~( lk--cd ~'UlJ .iU lltllCS e\-ldcrh:lflg i11J;:h;edn(''S~ :~t'-cur~d by {hij Tru.')( Deed 10 tht Tr-u:::ror
<br />Trustee s.haH r~~onvl.."!- tot' rHOf-X:fiy '.\-'HhwH \....Hl J.iit> tn the p-er')0n \)f pl..:'nOfl) legaHy 1..'lltitlcd thcr~lO; but if dc:-fault be lili:lJe HI
<br />the lklymenl of s.aid i'H)I\.: i)f an} pa.n ;:ht:n~G-f (if :..tl:1) ('11 the !mt;:'!t'~1 I.her~~\,Hl v. hen due or in f.he faithful performan..:e of an) or
<br />either of ')-aiJ agre<m(nJ;, ,1\ afnre<.,aJJ, Uh:n Ih;:- ,.,!1()!c U( '.d.id [\(ill' ~h':lH b~:,;,'orut dill: and b\.,' pa:J a;.; h('n:inarttr pro....ided. and
<br />l:hi" -Jt."e.d :shaH remain in f,)l'I..'c :he (fl.hk't; :.H <i~wrnt;f H1.:l.'> p~(h.:'l~tu 1.0 :1dllh..- pfi-.Jpcny in ;1.\ CfHirl'ty (if 1n par.:tb ;jf (h~
<br />(1[Hion of !he lru;;!tt: hr."r~"l11bt:'r;;);~ d.c-:....:ribed J! PUb!I": .hL;l!On, ,ll", hlfi.hc:-.t bi(!<..kr, f{~t -;"3sh. ~h)"-CVel, :ht: po~~n of ~al~
<br />herein i:oufe-u-'c,d uP')!l- ihe ln~_':o-t,,'~ '"hall nut Pc -l;.>\t:, [hr.-J unlif n, the Tr'..l',ti.:\.' <;haH l'il";;t lift., j',)f re(ord, ill ~he ,'JfflCt: of [he
<br />tf'gi";.!t'f of deed, {~i e;1.~'h ~uum:: i.,'h"r;->in dh !"it,'!Wr,'. {H "n_nw :,:,1'",.j rlvf'."in i, ....Hll.;lh,;"l. ;. (;r d,,~f,!~,h.
<br />id_(:lillfymg 1M frust\,'(: by ,,[-tiling ihi.' nal1le\ of 1ht.:- Tlti""~'.lf am:: n~HHt:\ (Do;;;I.'ir, ~Hld glYllfg the hOi...}k and P.(l;g-e ~dl~lC Ih\: >_J,IW I)
<br />n:,(oroe(,1. a de'\(flptH;H~ (If th{,' tfU:,';~ prUpt'rlt.. and ,:'\.':-nl,ainf-l;~ ~l ~la:i..'H1C1H tbai Mr"';;'Ii,:h ~ii\ ntJtir..iiiUit (0; '",...-hidJ the lru;:.ct
<br />p-f<Jpt:fl)' Wa$ ,,:oJh~eyed_;b ~l(llrit~- hac, {'~_\:tfi'--Ld; ~l-nJ 'l(:\l;(l;g tOlth lhe fla.-tUic \1.h.'h b:c;],rh -<ll1d 01 hi"- t:kd;tnl ~,,~ :,;.,'H (H ~iW:>~'
<br />l~J be-_-'in!d_~~i.:h pro-pcn}' l(, ;:~di,~f:; !h<~< ,_'l.t)-iif>i-l(H)n; ,~nd C:.::, ~dleI tiH: lap::,;;: or nOl 1(':'.." ;hJ.ll \.'1:,(, montb, tJ'i~' Tru\!t\: :,rHttl g1\"('
<br />110th,'t,-o-f :s-akt a~ p."ro,"ided by _Nt!..Htt.\ka Lt'.\,. /\ n;;f notH.:t' JeLll1il ~nU: lap.<;t; no!
<br />wdue-n nou.~';: ol-fhc time" and' piJ":t: o~' i-_4k r;uu('ui-i.u!y -des,,:;,'i-hm;::: Ow [Hop-t'n) UJ b~ 'd,.lhj by fl-uL\ll\,,'JtitHi ,,1' '~u...:h
<br />flvt Ufl\("\r (Hli.~r ~ ,w(<ti:k fOf fh".(> _('~,lI'L~,,~';Un\(' 'U.'(.<d..., tfJ~,' tast j.H:b-h..:.a\H,W 1<-.1 bt
<br />lht, \.alt, 'it! ..tHat -ttew-",f"....f)(:'f h;l\'_HiK~-t ~i.::fH,Tl~ dh'\lia,jlUH
<br />1.\ ~l~u.jt('d" Up\)(l' :;u~h :;--Jk, Ih-c ~ fi~~lct' :ikdl {'Xl,.\:ut-(' J.nd ikii'yt-l
<br />pUJrha:sct,,- tht'.f'tof :;.tfs..i,l iH~Y <,;lah:rrH:'fH or -ft:~l;
<br />~h(' j'lof(lpt.rt Y dt-$r-dt){;J
<br />;fny ft:li.Hlinlt,
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