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<br />"'_.____,..__~_~....._~_~~;..c.~~
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<br />THIS TRUST DEED, made thls_
<br />
<br />13th
<br />
<br />TRUST DEED 84 '
<br />
<br />.Tilly
<br />
<br />tM and ~twaan:
<br />
<br />(A) Grand Island Christian Schools
<br />
<br />r
<br />
<br />flll'"lC'l.43
<br />VUDOl.
<br />
<br />aayof
<br />
<br />,_,19~_,
<br />
<br />, whether one or more,hereln-
<br />nr~nn T~l~nnr NF. 6RROl
<br />
<br />co
<br />
<br />- '~
<br />
<br />(B)
<br />
<br />fohn A W01 f
<br />
<br />after called "Trustor" whose mailing address is Route 112
<br />
<br />and
<br />
<br />f""l:ri'
<br />
<br />-'~~';-1;
<br />as HTh.lsteeU whose;rn_~lJJf:fQ--; ~ ~_
<br />and F~'.
<br />\.,'J~$'
<br />
<br />P.O. Box 428. Grand Is] and. NE 68802
<br />
<br />address Is
<br />
<br />P.O, Box 1768, Geand Island, NB 68802
<br />
<br />(C) NnT"Lr(:loc.:t' R::lnlc r-r~nti TQ1~nr1 N"at'inn::aJ A912nr-;!:It'inn
<br />
<br />as "Beneficiary" whose malUng address Is
<br />
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($1,00) and other valuable conslderatl.onreceipL
<br />whereof Is hereby aCKnowledged, grants, conveys, sells and warrants to Trustee,in trust,' with powefofsale;,~tlfe'
<br />following described property, situated In HAll County, N6br.aska:
<br />
<br />Part of the Southwest Quarter of the Southeast Quarter (SW!,;SE!,;) of SecrionThir.ty"..Fiv:e'
<br />(35), in Township Eleven (11) North, Range Ten (10) West of the 6thP.M" Hall Count.y,
<br />Nebraska, more particularly described as follows: Gommencing at the Southeast <::orner..or
<br />the Southwest Quaerer of the Southeast Quarter of Section Thirty-Five (3S), :in'Townshlp'.,
<br />Eleven (11), North, of Range Ten (10) West of the (.... P,M., Runn:mg thence NorthTWeIlty
<br />(20) Rods, thence West Eight (8) Rods. thence Soutn ':wenty (20) Rods and thence KastEight.
<br />(8) Rods to the place of begi.nning.
<br />
<br />The intention being 10 convey hereby in absolute title In fee simple. Ineluding all the rights of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property,"
<br />
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum of Th1FNTY-F'Tr.HT THOIISANn Dollars ($ 28,000 00 l,
<br />as evidenced by a promissory note bearing even date at the rate.s of interest thereon which may hereafter be paid
<br />or advanced under the lerms of this Trust Deed; both principal sum and interest thereon being payable according
<br />to terms set forth in said promissory note, reference to which is hereby made, at the office of the Benefleiary or at
<br />such other place as the holaer may designate in writing, the final payment of principal and Interest, If not sooner
<br />paid, shall be due and payable on Ihe_.-L5..th-_ day of 1111 )' , 19 q!.
<br />
<br />Trustor and Beneficiary covenant and agree as follows:
<br />
<br />_1 W~of TItie. rrt,;:$!Qr ,5 'il*f"'t~ $.'l~ ,;,! I~ P'Q\.-"i!'1y .J ha.5 Q-'JOO Ifwflt,.N!
<br />'....-h.ll.ul1\t'WlIy to~',t!'Kj (Qt'\rt"jt 1~ Pfooef\)_ ~"'" ""CoiJoif\'r '," HIM'''!'Xl tie., ('I a~i
<br />H~tl5 and &tM::vl"!"lbfef'>Ce5 t''''Ceirl I'M' no.... G! ;~,~O_ """ ;n.<'!\.lc' ",.,," ".I!('ilnl 0l1'lQ
<br />~ tho!! Itll. w t"* Pt~!~. "nlo to. r...."j,tft _"Q \\~ $"C{:o:.~$O'ti ..rW .li.lwn.t
<br />'<M.....".oa'M! t~ Cl.,~~ of .,.. ~i)ft$ rn,n.i,w ill 1\5 ilIliP$l"~ ...,\\ nl.lnt.!" ",n-o
<br />IJftlMl"ieth<tl~~1 t"'l$ T!'U$1 Oet!o.1.n ."#0 "iX'''V'. !!l.iil p.-t.pvtt~ j,,,OjtKf onl,.o
<br />~1.Imbt~l"\CM ....!lh"'\J.$ of l~ 0:.'10 l'1......">i, ..I!l c..,aOl th. rru!H DtleoJ. ;and _act"i
<br />a~rf"rlH',l (11 ~"Wl~"""i 1.......\0, 10 btt !;IM ."'" <lOC.....n:Jed "'$ -iI mO(lOIlO- 01 tho;
<br />Tru$t ~:y '" S~/'llf'....,*.r.;; '" ilU.,:;J! pi..:~, OIl'\{,! ",WI i."" lui;;h ott-Of .;;;I.on..1Jo
<br />H'I 1M Q(>>rHOl1 ul Trusl" l'Nt'~ be 1~"II..:l. to) .f1~ "'.....111 01 !":..,,. :a... <Il lll{,leJ 10
<br />~-..rtecl, ~intai" &110<1 Ptot-.r.;l II'I<!l W$f\ c! ti"Il!5."['1.!S,I~, IU, lr\flh/n@. rnll~ t'<! !~om
<br />Iln\fllOl!l'M.~c-! "<4:;"~l'i'Oled
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<br />C>u~t\l.atly .,.."torm al! -o~I$, concl,tl0t'5 IIno P'''OY1:s~an" >C<, ;J!1~ .;;\nel !o~<:;",f,\"
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<br />~11Q<W .~ ,....Ph-~:.t ""n;c~ ,ij<0I ;..a.son.b'~ '~<J"w Ie f'!.h...n; ....51€.
<br />'<TlHt!~t, I)t det~'Ol"..tiQl\ 01 "'" ;:orope;h l'lo O,.>;I;:1,n;;: c" ,,'np'\h~~(H "Q"" ,"
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<br />w.Nlout tfle P!'iOf .tiller> i:v.-...senl ot ~,{;jaf)
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<br />'~!.;:''''~~~''D<"~!1lt,;:ons.l,hll.ni':..i<' :,t '.....r."',:l1 n..::;::Z~7. ..;,.;.ii....
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<br />~""M;HC:....e"" to 'It Ct?fi(lJllQ<, l~>iH~')" r",~:>, h' """~,, '.;!jj1m,M..il {I' ~J!'!II,...o::.l...."",\ 0> ....It:
<br />~l'I ""-!'I'i1"~ .ttld jl\~"-!"~I'::>J1,l Jl> T-I.!~\c" "o'"~ ::l!!'illn, "'N,'.;:~.r<iH;; t"{n..,~ S<j(.~
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<br />c..".ci\ 4~ "r ""t''''''''~>fI r!u~!r.."" :st-~i' L-.e tl-nl<\~ h \11-1'
<br />!'U$!"!::> the...'....i p.t IN!> ""'; T.~~"'liI<1-.:.l!l jl<<:";*-,1l t~':'_"...u v.
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<br />"i:>>'ank'l.,''Q:~ :!'>-'t~r1. '~\j.'''JIi) "."'-'f t,~ ',c~ 'ilM"'''>l
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<br />'",~I'~clI PllIflleli. All inWlance pQli(:IOt. m"lnltllned p\JUI.Uant to lh!1!l TfU1J~ o.ed
<br />~hfll; name nuSI" and Be.oefk:.lary -Ill insuf8!;1a., Il.S i!'tell respective inlet"-t1i may
<br />/l;j)pe&I'. .'I'Id pl~ thaI I~ shall be flO caoc~lllilllon or mOd!flp.aUon "*lt~t
<br />Itlt..", 0.)11$ f>>'ic>> wrllten notification 10 T!\isl" and BenenciSPj. In the event any
<br />"oIICY twf~\Ind&t ia not (.~.o Ofl ex botOI. IlhMn dl:..,s pI'\f.if 10 ~'$ It-ltptraUon
<br />ct.ttl, Trust.. or 8env'ictafy ma)" ptOCurll/iu<;tI Insurarn:e.and 1M COSllherWf shall
<br />t... aad.a to Irnl loan MCur<<! tty Itlla Tlwsl 0Md .nd iJhaU be..- lntofftl at \ht
<br />~1M.ler ot tM lI"ltfl..t ,.t. aoeal1i-o lhef9ln or the f1tgtwst ml...at r.t. authorlled
<br />by the lawS oj the SI.te 01 Neb(aak.. Tn.l$tol st'laJl deliV$! to. Benefiel.,., thIo original
<br />OOllC~S of ,nS\Jfane;tl and leoewat. ~l O' memo (:OS'I" 01 IlUCh poIiCieS.t\d
<br />f!l>rthl'a.15 lh.'eof. FaU'.!l. 10 furn,'h 11'I9u:,.nce by TrostOf. OJ f"'~.ls .. required
<br />~'ef"'OOfi shall. ..t the opli<>n 01 BOIlOIlel.'Y, .;onslilule a d.l&u!t. "U Une&f~
<br />.H$mh;ffiS 8ft! hereby USlgneti to lru'$IH al!. aClc2ilional $8cur;ly and . sai, .po
<br />(on...."y.rn:. olll'le Prope.rly liy lhe 1 ruS.l" $flail operale 10 con'".,)' 10 t"e pufchaaer
<br />th<a TruslO!'~ !!lleresl \.l1 OlflU to all poliCio$ 01 It'lsufanC09 ..pon lhe- Trust Propefly
<br />
<br />, T.... and .........ment.. T!Ull~OI' ~~Il pay all 1""8:0 iol.llQ "p.c<;'.;ll ,UI!l.IIt.$stnenla
<br />'~~lll" c' as-S#s.sea 1iI0.'"I;;I 0' .:.lVf1lJpQl1 the P1oj)@>f1l' l}(\'l.(io<* a~j;"Q\Mnc'l. ar'!~ ~,lI
<br />cJ~I(yef to &$n",I!<:JlHy COll'~& (It ffK:e;pU. shOWIng; pi!l'lrrnml ol soch Itue>1l aM
<br />$J.ltKl\ll as~:umftnt$ It 8&t1"fICia,) 1>!\MiI $.0 f&quest, Tt"atOt It)Ir_5 lna! the>''''' $l'l.ah
<br />t'o! i1Qaoo 10 wac!'! pt!!lOoJIC pajrm.,nl raQ\Nl)d ~() be m.;,I.~ l'1eleu'\o.r "" ~iriO\;"t
<br />"$t,m"l~ t>~ TrUSlat:l 10 t>ol !iuH'cIEr')\ W tF!able l"J';IOI 10 PiI'\> ...1 leasl 3Q dil~'S
<br />~iut~ ,j",.;n,,\>t'<'lCy. il!i t.h05. .:aSiI<i>l>!,!'lVnts O' (.l~l .."bllC (t1;j'Q-e~ "9.;o!~st 1'l...
<br />~tl.!SI P'Qp1:>Il)'.l!"'m NOl4l-~UffKi 1:1)' 'n,s Tnl.'l>'l)fIntd, (" yOW) d.<:G\lUlI( ~111M <lebl Qt
<br />the "eo or th,. TUl:!!1 ~, l\JQ$th@r ~lm Pfell'llUWl$ lO! H\$Ufar.(:e !9QUlftlO 1Q <<'
<br />,,'O..Jdfil(f und$< Hhl!. Trust Deed :30""; no inleH:tllt -;.hali b@ pa,.ble !Q !r\l~lt:.'r ill
<br />"ll~><<! t~eol LlMn t1l!I'f'f<1,1l;j by TnJllh~e, T:ul'IQf S"'lId d~il~~f I,.., Tf\.l!l1" SuCh
<br />.!--'1d,I!Ol'<il !liurns ,:;o! mo<'~y IU '''IT Il"C~":;,H" lO mall", "l' <I'n d..hl';"""~ j"1 H'..
<br />,).l1'i::n.!'IIS 'W...(!liS~'~ L'If.I!'l/IOllt TH"il~ 1<; Ph .."~ ~l' !~ tt"''''l,i~.,n'i! ,\em~
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<br />\t AdcHUotuIII.~. 'rrU!!hH !ll'l.il,1j <Tlaio.e &t, pdyf1'~n\!l of 'r:I~H.lI'\ illfl,J ti'lflC'p,"" "1';;1
<br />,~"Y''f>G<'n 01 ..n)' other ('/''''\1ll'4, IWl1\,,lll{J 1!!,~.0t:I;;~!i. (;<J~\t"I\:lll'\.\ 1\) t:Joe P.lo'V 1<; a"~
<br />.'''$llni,jlo.,n "iJ(~"~ or p"t:< t.1\1!'1":1liUV.!.!t u<:,.itu an)' t'''OI "['\Is.! ~d, MQf1vllQi' Q.'
<br />';,\)\1' H'e"l>t~ ......~i"..,nl. tJoit!9'''' th~ u'-!\! t!1ll'y ..~t!' [:"'''I'l.q",tlnl ij:f\.J lu p,.~ ;.Ily UU~,
<br />;lI"Tl...r".;;t'l ~OOIl,..,.j;l.!Ilh~ ~1t'\;I!I~ 'l;lallle<.l ~!lml
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<br />'I p.,ot.c.t'ion of 1IkMt~.,.,'. s.cufll" ::;"'-::I11t\} 1 n.<~hl' t.illi ~,"
<br />'"'' \(,on ...... OIcl it,'!, l,t!'~,!' !i'\).'tl't>(l, {'tt ,J anr
<br />..lhtr> '.....l1!'''.I':/ .'!~;!:!> 8t\ne:1>4:10II')' s '''hH"1 '"' ll'>l!!
<br />..,...,tlki 1,). ..m'[I~'\1 (}(l!1>oII,j\ ,"'lI'.H~t1'>>::~, ii"a'lC"fl1~I'IS 0!
<br />t'aJ\.It.,j.;I...'~ :JofI'f.;*'lff"1 l~t\ C)~rwlk".t1 "j r'i.'$t~ to",!
<br />~'1:t~ *dh,':'uJ ,\,,(,,-t' l;, {,H iJi'lalli1''{l ,,',~\fI Tru"\Of. itr\a
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