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<br />84- 003540
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<br />CONT5:d
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<br />DEED OF TRUST
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<br />This Deed of Trus.t is made tl1is. tj ~,,~'~iJ?j .. .~U'",<,c
<br />19.f4", by and among ~aAa g.;+1'~N1n~W; ... f ~~lnlf{t'" ~~~il~:f~ft.l&c
<br />herE?rilafter referred to as "Trustor," whosemailingaddx;e:;;s.is
<br />4611 Lakeside Drive, Grand Island, NE I Arend H. Baack ""
<br />Attorney at Law, hereinafter referred to as "Trusteci"li(hose
<br />mailing address is P. 0: Box 790, Grand Island, Nebraska 68802 . . land
<br />THE OVERLAND NATIONAL BANK OP GRAND ISLAND, hereinafter: referred" "
<br />to as "Beneficiary," whose mailing address is P. 0." Box' 168Sj
<br />Grand Island, Nebraska 68802.
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<br />For valuable consideration, Trustor irrevocably
<br />transfers, conveys and assigns to Trustee, in trust,
<br />of sale, for the benefit and security of Beneficiary,
<br />subject to the terms and conditions of this Deed of
<br />following-described property, located in Hall
<br />Nebraska, to-wit:
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<br />Lot Two (2), of Park Gardens Second SubdiviSion,
<br />in the City of Gran' . Island. Hall County,
<br />Nphr~~k:::\
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<br />together with all buildings, improvements, fixtures, stx;eets,
<br />alleys, passageways, easements, rights, privileges and appurte-
<br />nances located thereon or in any way pertaining thereto, and. the
<br />rents, issues, profits, reversions and the remainders thereof,
<br />including all such personal property that is attached to the
<br />improvements so as to constitute a fixture, all of which, includ..,
<br />ing replacements and additions thereto, are hereby declared to be
<br />a part of the real estate conveyed in trust hereby, it being
<br />agreed that all of the foregoing shall be hereinafter referred to
<br />as the "Property."
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<br />FOR TilE PURPOSE OF SECURING:
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<br />(a) the payment of indebtedness evidenced by
<br />Trustor's note of even date herewith in the principal
<br />sum of Thirty Thousand Dollars and No/lOO------~-------~~~-
<br />($ 30,000,00 ), together with interest at the rate or
<br />rates provided therein, or the principal and interest
<br />on any f~turc ~d~2ncc ~8t to exc0cd the t0tal princioAl
<br />sum initially secured hereby as evidenced by p~omiss~ry
<br />notes stating they are secured hereby, and any and all
<br />renewals, modi f ications and ex tens ions of such notes,
<br />both principal and interest on the notes being payable
<br />in accordance with the terms set forth therein, which
<br />by this reference is hereby made a pdrt hereof;
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<br />(b) the pcrformdnce of cueh agreement cino cove-
<br />nant of Trustur herein contained; und
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<br />(c) the puyment of any sum or sums of !llO!l(-:Y which
<br />may be hereafter paid or 0.dVdnCCu by Beneficldry undvr
<br />the terms of this Deed of Trust I toticther vIi thin tereS t
<br />thereon at the rate provided in the-note.
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<br />TO protect the sccul.-.ity of this DeeU of 'l'ru~~t/ '1'1 ustOl.-
<br />hereby covenants and agrees uS follows:
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<br />1. Paym~nt. ~.]~h.'bt~~~~. Tv i.hlY '~'fH:::n dut;.', tin.
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<br />pal of, a,nd the l.ntercst on, the indebtedness. eVi,dencc::.;
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<br />'.'ote, charges, fee:.; and "U Other SUln;; iJS ))l~ovicl,,,j ;'1 '.''''.
<br />lnst.ruments. ~ .....~.!-I ''-
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