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<br /> <br />THIS TRUST DEED, made thls_ <br />be and between: <br />(A) Daniel A. Wenzl and Jqy,_ L. <br /> <br />29th <br /> <br />TRUST DEED 84 <br />oayo! Jun~_~ __~03~1~1l____, <br /> <br />Wenzl. Husband and Wife <br /> <br />r <br /> <br />, whether one or more, herein- <br />~027 ',lest Capita 1, No 34 <br />rand Island. Nebraska 68801 and <br /> <br />(B) John A. Wolf <br />Attorney at Law _.__ <br />addressls P. O. Box 460, Grand Island, Nebraska 688.02 <br />(C) Norwest Bank Grand Island, National Asso~iation <br /> <br />P, .0, Box 1768, Grand Island, N~braska 688.02 <br /> <br />after called "Trustor" whose mailing address Is <br /> <br />as "Trustee" whose mailing <br />and <br /> <br />as "Beneficiary" whose mailing address Is <br /> <br />WITNESSETH: Thai Trustor, in consideration of One Dollar ($1.00) and other valuable consideration receipt <br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, 'with power of sale, the <br />following described property, situated in Hilll County, Nebraska: <br /> <br />Suite 34 "D" Windsor Square Condominium Property Regime in Unite Four (4) <br />Lot Two (2), Block Eight (8), Replat Continental Gardens, an Addition to <br />the City of Grand Is 1 and, Ha 11 County, Nebraska, and detached Garage "W" <br /> <br /> <br />The intention being to convey here:))' in absolute title in fee simple, including all the rightso! home~te~~)~n~ <br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonglng;,andaIJo.f tll~) <br />foregoing, together with said property are herein referred to as the "Property," ' <br /> <br />FOR THE PURPOSE OF SECURING perfqrmancfil of each agreement and covenant of Trustorherelncohtainedi <br />and the payment of the principal sum of Th1 rty-nl ne Thousand Dollars ($ 39,.000..00** .;<'::"::':);"')' <br />as evidenced by a promissory note bearii\~~JWthM-anne-rales of Interest thereonWhiChmaYht\re~ft~rl:W.;PIlJ~': <br />or advanced under the terms of this Trust Deed; both principal sum andinterestthereonbelnggaYllbl~;Il~cQrdil)lJ" <br />to terms set forth in said promissory note, reference to which is hereby made, atthe,offlce:oUheJile.?, ,.... . <br />such other place as the holder may designate in writing, the final payment of prlnclpalandinter!lst;df.not <br />paid, shall be due and payable on the Is t day of ,Jllly ,J! .2.op9 <br /> <br />Trustor and Beneficiary covenant and agree as follows: <br /> <br />1 W.nanty ollltl.. Trustor is iaw!ull! seu'ed o! 11'1<< ProP;:lfly, It !lit!> good nght and <br />lawful.aulhority 10 sail and (;l)fllle-i Ule Propflri)'. !~ Properly)s hee and clear of aU <br />liells Qr>d_&ncumbra,lciils 6~c<;pl Hell.. flow;Jol f;,>Conl. i:if'ld Tru:>tvr wiJi warrant and <br />del&fld thil tlHe 10 the Propelty ur;,,) the Trustee and its SlJccessors and assigo!; <br />for-evll,r. against Ule claims. of ali pH$Ons. Trustor, a! ll~ Ql(lMnS8, will mamt3m ,ano <br />preS$l"Ie the lien of this. Tlus! ~j as a lIen upon thtl Tfu-$l Pr-open;, subJecl only to <br />\'Incumbrances tllllst;ol} 85 01 the d3te htff80r, wHl cause [hiS Trust O&e:d, and aach <br />amendment or supplement trlerelO. 10 be .filed and r~Qjded as a 'mortgage of tne <br />Trust Property ~n such mal\ner and !(I such place, and w![! lake such other action as <br />!(! the opl\'liCfl 01 Tru$ttte,may be reqUired by iI!1Y preSEl/lt or tuture law in waer to <br />;~'#':":'. ,-,;::.;--t,:- :,~~ ':'::'::::'::~::- ~ '_:,' :' ''-'"- ...~_;::: :":;:(,:::,;.:. '~_i: :''::..c. ;;.~,:.'" ~.-...:';; <br />Ilmff to limo i'HTl(tl'diE'd Of supplt<rn",nled <br /> <br />2_ Payment of Prlnctpal 1,00 lnt.r..t. Trustor. shall punctually pay the plincipat 01,_ <br />and interest Qn. sakI promlssor)' nQta_inCj~Cin~_any advam:es !hereto as. provIded <br />ilaJelnon the dates /lod at the place and m Ihe manner provldw therein and wHl <br />punctuan;, perform all a.orooments, conditions and P,OVlsion-s 01 any otMt secur'ili' <br />lnstfl.lffiflAt "Iven il\. connec!lon wIth this tran-s.aclio'l <br /> <br />3. P,..erqt!on,.nd ytint.nance Of Property, Trustor wlll not commIt at1y wasle <br />upon the P!opsrty and wHl. lot an times, main-18m lhe same in Wl;lod ()rt1er and <br />condition and wi!! make_, 'tom lime to Iime-, all repairs, f!;>f!eINals. repiacemef\ts. <br />addfHons and impWl,I&m&flts .....nicn are 'fJaSOililbly r6ql,llr.w 10 prevent ......a~tll:. <br />ImpllJrmenl. or det.ar!orallon of uid P(OPEHty. No tlvUdll1g-or ImproYernen: now or <br />11I~r$Cl!te; ttrected upon lhe PrQPl:l.'ly :shaH ~ aaereo, remt;..eQ (.lr demoH~hed <br />wIlhoullha prior .....,Inen consent o! Beneflclary <br /> <br />4. o.magt 10 PfOJ*OY. In cilSe G! a.ny damllQt>lc, Ol desln:Gtl';m of, trle buildings, <br />ImprOYfrme~IS Qj' pi)r!;lonal ?r~eni' <::_onstt;utin; part 0.1 the Trust P!-Opel_l)', whether <br />.'Jueh loss Iii c,y..e~ed by. lfiZl;ttlnce O! C(t)erWlse. Trustor. ill its sole ;:;O$t and <br />Qllpe!\Sl!',..HI ~lomj)tiY f~Slore, fepaJr,_<e?!a~ and reb-ui!(l lhe same as nearly <'S <br />practbable tOllS com:!'!i(}!' J:T-:mE'{)lat-\:,'r ol'or ~o :s.uchdaH1iJ~e or d~slrvciiol"_ orw~th <br />sw::tl chan';li&S ",nd lll!lliratJcr.:> ~b rru;;!f." nl<iy (.l':>em app'otmat.: proy,de-d svcl1 <br />~hat!ge5_ and: a1ter;aUona 'Jo not rnilt~r'i1H't lessen lhe vahle ilnd ut;ln)' Q! such <br />oul/ding9, lmprovefflertt$ and pm:r,cn,aII1Y from lhal f!:dSli'1';l ,mmedialely prior 10 <br />l'I!JC~ Oa"l,*ge_ol d~!ilflJ:~IH)'1, 'f~l.i.~!OI shall be- e'>tllled h;, rl:!,mt;vll,~m,,';lt !rom the <br />Trust&e to!~ e~i4f\t or !hl1l t'l/;!! !;;~IJtan<;f! prQC~:"J rtl-Cel~",ct h- Tn.l$l'!El. {'loll Ol\ly to <br />1M eXlftm ~~ Ihe 3.c.t-.:itl :'l:Uf!1 eXp'el"lc\'ld \Jfl;;lllrthh~ PIO"'[JiOI\ <br /> <br />L <br /> <br />~r8<;::~;~_:rf::::=$ ~~ ~;~:~~~~;:I:rI~~::'~~ ~;Ii ,~71~~e';~\1~~r ~ii, ,: fl~ (;;~" ;;~~:~~~~~~ ~~ <br />ItSlf1~.QTporatlOi1-, <br /> <br /> <br />l~-; <br /> <br /> <br />i~ <br /> <br />{;~.' <br />E; <br /> <br /> <br />''': t,,: <br /> <br />t: <br />.~~ <br /> <br />'~~ <br /> <br />,~;,- - <br /> <br />~ <br /> <br /> <br />respeclhre partles~ AU insuranetr-pplicies.-mainfahled_ plksu_afj~ I~_ <br />shall Mme Tfustee_and_8enefICi~ry_ ~ <br />..ppe~f. and _p-ivvld ~ <br />Hfteen days pI!or <br /> <br />.~ <br /> <br />,;f" <br />'~:!,~ <br /> <br />y <br />, <br /> <br />7. 10:.s arll:l A...IlUJl80ls., l)uS1Qr llhall p.aY_,~lIlaxe:$, ~~d,S~j~(a~.~.~~~--;: <br />levied Of a~~s$~d ~ga_i!)1it or -due upon the ,P~operty belor_e_ _d,e,lh"lQ~Ili<Y,.-~__WII_(, <br />deH'IM.to Bt;tnaflClary cop~s,of r~ip~-lih~WlI'l_g.P-I!-Y~fl!-.-9l__su6fl:_,:~~:.~ <br />speCIal es~S8ment$.1f Beneflc.lary stJosU so reQi.le~t.lrti$to( agr.eea.)"attl'i~~h.~U <br />tie added to _~ach periQdic - pa)'ffisr)t. requir.ed -to be mad'e ~~6!~ndt.r. ,-af1:.,~'o!Jpt_ <br />estimated by Tl1Jstee 10 be sufllclenl, to eMble, T,ru61or__to paV.., l\l,}~ -~_ qays-:<. <br /> <br />~~~ilPr~e~~~~~~~YN::~_;~~~~~~~~e~~;~:1 ~~~~i ~~;~C4~::;~~fat'~:::;M'= <br />lhe lien of thls;Trust Del;\d, looeltl8r w~lt1 premiums fo" !n5:Ur~.tllC~ !~Cl\.!I~}Cl.be- <br />vrovkied under In!s Trust Dood _ and no intereSl_ Sh~1J !:Ie paya.ble-}o Tru~l~ In <br />respocI lhet&oL Upon demand _~y T!Uslee,_ frustor ~I'lall ae1ivs( _l~ l"f1j5-t~:"such <br />add!!lonal sums of moflil'Y as ate necessary :0- make IIll any def!cJeoc\:,- in loo <br />"rnounts necessary 10 enable Trustee!o oay any ollhe lO'egoing,items <br />8, Ad(fillonill U_n3. Trustor ,ry,aH make all paYITlMts-of iflle~_e!1 aOd,p~J~_ip-_j.8fflj <br />payments 01 aol' olher Ch.Hg.oS, fees, and a;olPEtJ"'~ cQntra~tQ() ,to: be paid ,tPo 'ItJ1r <br />ellislino 11ff'" !1Q;ders Of ptiOf ben:f3'ffclarle'l';l ofl-4e.r aoy p.rlOl' Trti$1 O&Od, Mo~tQ~pEl,.or <br />other $tt(:(mly agfe&1!l$ot, bellil!e INs da.le,the't artl' gehnquent al1d 1Q plIY ~nt 01htl:~ <br />claim wrdc:h Jeopardlles 11W-.:l6CUllty granted n8fe!n, <br />9 . Proael1on of 8.Mflc~ry'. S.(:Vrlty. Should !r~slor Jail' 10 -ma.lr.tI, -al'ty; P.:'ytnftfl~, <br />j.;ul. to jjo any act a~ herein pto~!~6(l, or if any amlQn r,>f {Ht:K.=l?l'Jli.,lno IS- :omm~c~ <br />~t'\~Gh malen:ilHy a!!e{;~s Ben,e!iCtaty'll. i!"!lerf,!$!, In !t'.4 P(CO~rty" lrn:hJdIng, but _~1 <br />'tmlle<! 10-. Il-!l!fmmt domlllin,,!n$~lY~nc:y, ar(ang:6m~~ilH)( ptOC"d}.~ tovo/'tUlo,a <br />t)~lfll<rup! or dt'!ca!;J<tI\t, H1F,1.r'!_tffir'-eH-'Y18iy I)r'T(ysl~ but_ ",ltt!Oli,I obU~tiQn to, dO: tw., <br />ana ....Un(Ju! p.Q!i~e to QI ~err>ll:fid upon T(U$~-OI, and '<'lIltN);;t t~J_sl(1.0 rru~tOf from <br />~qt obHgatlv.-. h,s,relmdet, mill' mall'i> OJ' 00 Hle sam",. ..r,(t-.m:tl-,t pay'-j)um".li~. <br />~;\Jti!eJ5.t i)f~ornpi'rnT1!MMi liIn(:llmI!Y!l(lC6, a~,s.rge O! H(t(J,:whtt;h ]1, thn-.i\Jdl1~Wlt Of <br />~l(Mf_ appeat!! to 1111&(;1 uld P'<J1Ml'rl}'; jn ~_\(.,rd-S;log -'lf1Y __~lJtrl, powers_ !!'It; <br />a..;r,If!lcl~rt <)1 'hUSlthl nUl'! Ine-~' our!' !iahility" .;Jnd 1l':<-pt'tlO wh",\('~!:!l _m1:ltdil!!, <br />;"r.I(!-dll1~ dht:l\;I",~~llln1~ Df <e-;'iSo""Oi~ li\H;)ri'WIf'S -l~$. w~!cl' ill tl'l-ft,~ ~t~(~!vl!!' <br />..:tJ;1(;f>;!11>)'\ -11';11.)' !)tII };\ :,'1l!! ;;>"lO:"'t H,41 r'l.J:!liH ~~a~J i,,:j W j:HOC01<!1 <br />~~S~~f~;;C~/l~(~~,P:':n ~,$~:~~i,,~~~,~";~'~~~~~;,,~~ ~~, -~~y ~ ~~!.:~",~~~:~~:n ;:)~: <br /> <br />''-'''''if-<l..-:f;l' i!"~ f"~~,~ ":>.1(" p;ltf'....,-"" .~,l; ";I,!!',,,, ;(;<:-,-i't~j .."" (l"."<lr\-(J..J 1), al!'"~(j,;;,,,t1! <br />." r'!j$!~ '" "'(r.,j\,!~ ,,~'" ...;~q tht) f"c.>''''ll;o:;"t( ,,1 '''''' i'u~ll)~l!.-! ::t~.. ~~"'_"r>;';, !'t..rrt>)" <br />