|
<br />I
<br />
<br />?ntl
<br />
<br />TRUST DEED
<br />
<br />Clay of
<br />
<br />84--
<br />AllEllAt"
<br />
<br />004100
<br />
<br />THIS TRUST DEED, made this
<br />be and between:
<br />(A) .Jerry L. Sheffield
<br />17fi -North Walnut. Grand- Island;o _ Neb"raska 68801
<br />after called "Trustor" whose mailing address is
<br />
<br />r
<br />
<br />,19 84
<br />
<br />, whether one or more,herehi-
<br />
<br />(B) Jnhn A Wnlf
<br />
<br />and
<br />
<br />
<br />as "Trustee" whose'malling
<br />and
<br />
<br />address Is
<br />
<br />P.O. Box 428, Grand Island, Nebraska 68802
<br />
<br />(e)
<br />
<br />Nnru~~~ R~nk ~r~nn T~l~nrl, N A
<br />701 WP~t" Thirrt SrrpPt"r PO Rnx 176&
<br />
<br />as "Beneficiary" whose maillng addrl!s$ Is
<br />~r~nn T~l~nrlr Nphra~k~ nRRD?
<br />
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($1,00) and other valuable conSldera!ldn'recetpt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee. in trust, with pOWer ofsa!eit~Qo"
<br />following described property, situated in H" 1 J [;OO'""y County, Nebraskap:i,
<br />
<br />SOUTHERLY Ol'<'"E-THIRD OF LOTS ONE (1) AND TWO (2) IN
<br />BLOCK THIRTY-NINE (39) TOWN OF GRAND ISLAND, NOW CITY
<br />
<br />
<br />The Intention being to convey hereby in absolute title in fee simple, Including all the rights of homestead and:
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; .andall of.the
<br />foregoing, together with said property are herein referred to as the "Property,"
<br />
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the prlncipai sum of TEN THOUSAND & NO I J OO--"oollars ($ 1 0 . 000 00 ),
<br />as evidenced by a promissory note bearing even date at the rates of interest thereon which may hereafter be paid
<br />or advanced under the terms of this Trust Deed; both principal sum and Interest thereon being payable aecord1f\O
<br />to terms set forth in said promissory note, reference to which Is hereby made, aUhe office oHhe Baneficlaryorat
<br />such other place as the holder may designate in writing, the final payment of principal and interest, if not sooner
<br />paid, shail be due and payable on the 1st day of AUIi"'" . 19 R6
<br />
<br />Trustor and Beneficiary covenant and agree as follows:
<br />
<br />"" w.n:-ty of ntie. lr"SI(,W j$ l..tu,;~ h,l'" ~': ll'le PIQptlHy, ,1 I'i...~ ~ nan!.rn;f
<br />!.wf~ autftocit:; to $ail ana ~""\r 11M pr(lj)lt(~y. :~ Pfoo~n1 ,~t'..rui 1;;N'f 01 a!:
<br />Hens. and WK;~ ;>>'<<IPII~ 0'\0.... ~ fKo;~: 4"1.] i~U'$tO!' *-tii ...rraln 400
<br />04fen4 tNil title 10 t~ .Ptopaill' ..I1to tM 1 ~",at.. &>'W .1." $~IJ.lo:$Q(s. ..1\0 aSji.,i1f1$
<br />to,...-. -oa>MI tn.C~:,)I.<< ~ 'l"fus.100'...: '!\tlhi>V"lN. 'o'IIlli rtl~nt"fl an(!
<br />pl~l,- !~oi ll'us.1'n;$tOMau..I.",,,pun I~ r~u$l P!~1 ao.;:OjltcI onl, 10
<br />eflCumct"&foCQ .I(l$l~" ot tf\e 4tllw ".,eut. ....ll ~iI\.IM I"'. f!usl o..d, an;; EI&.Cn
<br />~nt Oi Slo:~l\t t'-rftlo, ~-o Mo h\e4.no j1;Kor.o.a a.. .. mQftl)l;gtt 01 IN:
<br />T~ Propeny ifI.w:-t!. ma.~ &lll;! In s.~"~. ..fI;;1.m tad $...:h ~1_ ilttlOfl."
<br />In tn. ~ 01 TruslM 1'Wl) ~ f&q-.l.f~ ~., an) Pf"4.-n1 04 It,.lll,lUI !"... In W'Cieo' to
<br />P6(tltCl. tnaintalft &nd p<i.lt..:l t....l~ ,,! In.. 1""$1 OM.." as l~ Uf1\tt 0'Wl) boil !fam
<br />Il~ 10 tl.....~Ni6d 01 S.v~lCKfltt(llev
<br />
<br />2. Pa~t" PriftcIpalaM1 "-.....t. l'II:sIOt S~~l ~N;;h..ll, ~, In.. P'>nC;pa; ct.
<br />Il1Id lnterwon. UiCI ~iNOt) N;>till \-l\Ch""'~ .,.,)' 1tfil~&nee5. !htvltto ilS pICV~
<br />~ 0tI the dates- WlId .. 1M place: ;tnd bFl ttw. l'l'\fI'\ner Pfof.dcld t!W;ftJ<fl .Ad .W
<br />~t\i&Uy perform aJi ~~t., CQf'ld>~ 6t>Cl P.Q~l~I..s of iIInf o~hef iMC\,lH1j1
<br />!ft#trum.t'l~ giYen U'\ ;;otmKt~ ",,!In to." :ran~i;;m
<br />
<br />J. .............. and ~ 01 PfQpertJ. !/...Sle>r ** !lQt <:;c~-nmil an)' ...aSH.
<br />.-pon t./w Prop.rty and ..ill, .ill .il t,~ t!;.;!t!t'l.tam ,he ~~.. H'I gooc ".dtiI' ~n,;,1
<br />~>on .N:t V1111i IT\ake. !Tom t;me to time, aJ. leJ),a:;.lS, ~WIoals. r~illl':'Vf'ef'l$,
<br />~t.lonl &nd ~Mloltflts -wthch ~ftt rU1Kl~blJ" 'OQ'oI"t'd to Pl8'.iml ""'.ilI$!~,
<br />1Q"....i'~t, Of ;jet~l:i,)raho" o~ ",t! PI~'h No h"i'C''''',; O~ ,m"fC"~'T!"!'l !'".. .:)',
<br />~..rt_ ~ttd vpotl. IJ'\e P'fC$e.1;J :!i""!; :.e il\IHOO. ff!;'!1(h<h'1 '" J;Ni>iTle-Itsn.a
<br />*jt~~ tl)s",1ol: ..mt6ft<::Of'lw:,t 01 a.~!'C<.._t-1
<br />
<br />., o..t.avt.~, >n ~ ct ttr>l' ~ 10. Of ca.Sltu-ct,oo ~1, !he b\l;i1<l;r''\1!lo.
<br />\~b(Ol!l:"'~lpteoPltrt\lC'tlMt;tutU'\ij;>af1ot INtlrustPtC-P<<ty,.flo;JfNlf
<br />Sue"'- 10$& >& C~ n, ,n~,.it.f..:~ Of I;'t""'r...;,~ T,..stO'. at (~S so.., CO&1 11"'4
<br />-it,"~-~q ~~i'y f.a!i.lt.. '~~'f. !l!~,-<tC.;sNl !.ou;~oj t!';e-!.I4m.! a;1, ~.<1r M
<br />o:-r~t~!",.tSC~(I~'~Hll:~y p'1<.:l';;;' "".;l1aill""''*<;t<<O' :.l~tr\;{ljm> or~lll'<
<br />t.\ieh {::h.a~ ~ .\l$.t~:;m:!i iU T'ullW' ;"."r ,j~ ;3~.yfo,:wale: ;;r,-,.,;~ s..J~l'\
<br />c~ IMd al.1efallQ!'\l, d(J. n;;,! m$htt':.lHy ~u.,.. the ~a~e !t",;;! utlb!'t. ;;>1 ",,<;:1'\
<br />bui~ .tl'lQ!'~~15 .a.n.:j ~<S<.:>/i.&fl!) t,or., t""~ ~Ui'!;'lQ: ,<r,~\#l;hiltlil:lf ",'\Or Ie
<br />1I11Ch 9~ Of on;"lJ<:I~_ !n.j$~>X ~!1 bit! ~til!6.11o. le,m-.':r...a...,.,.,...: 'tom t!lot
<br />!f1;;l.... tothe.alef'l~ of tht-~ j"-1-\iTa<'loC';) ~Qi..--eeO,t..e.,~1)<j t:J1' ;rJ,ar~, h..,! !""''''y '.:1
<br />m.~~QfTht-~l"'j ~ma.;~...~li';;$~'lh'l';Q"l
<br />
<br />L
<br />
<br />'!i- ~.. "nrPot, II !n.l!ilt>< I" I: >';f;>fP<.~.!'<:lf\ .\ ..,", 11<1 ,.., !'>;-,~~", 'l....,:~"'~.v~ ~"
<br />""Ht\I'.!ts e(lot~"" ttAij.t6n\~. "9hU- And P-f'''''~.'- u..,rn.r !t'~ ,\\....;, ,,' ~~ ~h:!-\!! ,~,
<br />)~~~at~
<br />
<br />I, ~. !!\jsl,;Y., III \Ui .);..~.,."., ....,', 'rl.lcl>',o,'" "".11> ',,,!-,"'l'"
<br />hnoefk--\.t.ry, ~...!...."l!o *ll!'l- ..S~! t',,< t>wt ""P"'':>,tH''''t>f''-, J""
<br />e~'if"tj(~ !h.t ~~t, lJQ~'''''llt !('!l1 t>~ It,., jiOi1t"';'~ ci-"'':
<br />t;~!'I? '*...w4 ..,.~ r:'!r.~ "-l,I~!r~' (" ~~, OI.'''ihi'''l
<br />.-t /:'i"1' h;jf~ ~<;;~I ,)1 1"- '....-i~ tlHH.,,~! Y.jr,l,J'" l'\~"f><~1 ..'", .";'l',,;t;...":f.o
<br />~r.,,,,,,""{?t~ ",,"..>fa Iljid'h J"'(".~"i('l.I-"" a'" t....:s{?")";o:.", ""'!"',~~'- "l'/I:~~
<br />at'Il:t ~..tlo!'4- t"f ''''~'!.I P"t'it'<lH't:to. -I<tG: IJ-'l h'l.n~~'-lt.,,, '''f,.. ,..~_"r", 1,]-' l~
<br />~ti!:~ '!f!,;4MY .t~ ,~-&~#)' ..-)1~ 1;.1':10 ",tot..,. '-'tf,\,,'r'!"~'Ii"n ;)~ I'4-nf"" :-11", "".1l,
<br />I~ !~~ ltl lj~ ~""'''''I't l~,", H',. ~.,."4fK"t)-,, ~'f ";,>\",.r"'-\1 <" ~"'.; ;d1l""::<' ',' ~t-",
<br />
<br />re-ap.lC{.lI. tUinies. AU iflsuranc.. policles !TMllnttll1l4d pulJW&l\\ to ttlts trust o..d
<br />.,hatl n&fl'>tl Trust"..nd &en&tk;laty u inullda.. .. thrtU r&lptClift N'lCW..... MQ-
<br />a~.l. ..04 prowkH In.t the!. ~1I D6 llG ~latrQfl-Df _m04lfkat~-l~'ilt!O\lt
<br />hla.to a.-,s P1~ writ..,. nolWcaliOn to TtuatH-and &n.ficiaJy,tn \he~,-JnY_
<br />prnl<:) heteunOll.r II nol. '....1Id 00 or ~OFe fifteen CI*yf; PIlOt to !lll ellpttalkln
<br /><Jil16. Truai.. ()f a.n.t~j.fY m..'f ptOClJc. _UGh tnaulaf\Clt and UM cott lMi1tot1h<
<br />bIIildd4td 10 tM iOiln, "c~,ltOll by Walru.' Deed and-aNlltbMt In~,_.t_tN
<br />9(HI.0I the jnt...t ,at. ~tled Ihltt*n Of t~ ~lln1etMt ,..~_
<br />tw iM Ia.-. of lhe Slal. of NebrUU. T~_or.nail d.uv.r to $lJwiiei&f\l_~
<br />POl<<;.tQ ot Ift5Uranc:e.OO rttnewa.it u..reot Of m.mo ~ of WiOh-~-and
<br />'tw'lewal. I'*~t F"lufe 1.0 fun\lllll~anc. by ,Trult~, Of ,.,...tt.. <<lQUUttd
<br />Mr'euNMi $l\all, .1 lhe opliQfl 01 ~lk:~ary. COf\$titvte . default All \I~
<br />pr.miiJI'N v. hac'by 'hiQned 10 Trust.. as .Od~Uonal ucurtty.ttd. ...._and
<br />(..on~,,(lC.OI thlt Prtlpdrt~ bYltle Trllslee1hall ~.te IU~"'i...,.l(1IN~
<br />the Tn.t$t()!'''ll"!t.,e$~ lI'l and to-all pollcle4 of jrta\J("\'\~ upon the Trulll Pf()fMfty.
<br />
<br />'! Tal" ANI ~ta. T~lOt' shall pay -'11."t:U .no: ~"j ......*"*"'1$
<br />~e~lttd Of asSb$$OC aoalr;sl Of d-~ upotIln. Pn)pert) betQle dellnql,ilto"lC)', a<tO _ill
<br />O$i",~ ~o S$\ohe-iar)' copte$ of r.eei!)la $f'lQwillQ DarlNnl Q1 -such t&t:.s ana
<br />iipecJ/li aS3e$Sm.nl~ if ~tI-cilUY s.hall so fe~t. TruSI(lf &0'.$ thalll't6l. $i\ali
<br />tl6 lHicod TO e-ach p~ul<<ltC p-a,mAnl required 10 b>!l made htmtrJl"ldet .llft .l'!lOI.lol
<br />e$:lm.\ted ny 1'\I~t~ 10 ~ sulfk:te!\t 10 eri..etrl T'u41or 10 )Jill)', ~t teil:H 3Q o.Y$
<br />t;.l!IVti!l \'HI!;nt;;....flcy. itll t~J:~:i. ;ns:e~mljil1l-S OJ ather p"cHc: ch.l;tr~es .llQ3tnsl U-~
<br />T'WSl Pr~ftl' IN! Note "~1.lf.c by ~hlS tru~t~, Uf i.lIWfl ,,"Ct;Clunl c.lllw: QeDt 01
<br />'''1> "6<'1 ~.; thi.s Trust D~. I~~lhel .,lIlh pltuni...fl1.S !;)f 1"~t.HtN;~ fNI.urfllJ Ie t-e
<br />;JfO""06d ;'\<l\:l.; 1!'Illt TrU'$.t ~ed ..~ no mI'-lest 6i\.&i1 -u. p.4;ylL{;>le t,> TtlOAIOr HI
<br />'(ISPf(.:~ It!&teof Upo.)n OOfniiil.oQ by Tru-$l", TrvstOf fthi;li\l rtell* It' rru'l"-~fl
<br />a.OiMIOf\~' s"ms of mQ.f\Q"( .i1l; ale nltC(tali<lr~ t.;: milk& "p afl-)' de:fj:(;~C)' If! lne
<br />;J,"fIt)tillts ~"Mry 1o&I'.-a.bie- Tf;,1S.:_ tc-~)' Any cf 1r-"'N~OIflO lttl'm~
<br />e A.dcIttIoruII u.ne. rn,;stOo' ~H m~. all Pilymenll> of jtrl.~t .1I1d Pfi~-'{l.l &nd
<br />P.f~iill Of .,'W 01"-( cl'l:*-'Q$$, tM$, "rxt .lpe:tlll-$-$ cQl'l1ract"" lO be- paid It,} all)'
<br />1l'o1;$Hnog I!." hol4&nil or ~H.cr b9n0hCiV'~1I ""od;tr .~~ oH!er Tr...~t PHo, M<;W'I~O. Of
<br />hIhe!' ~Isnt) <l\l'&e\Tlenl. 1Mlof. IN! Qale they IL,. ;,1elmq\.iiftrtl ~nd!;) pay ~ro)' 01-n.t
<br />diJ,lm wh,.:h ;eoyar(!,ut$- tl'l<< 58\":....nt)' ~c.!>.I6t.l ~.i.'"!
<br />
<br />9 p,ot'KUon of a.n.t~I"f". -S4au11y. $h(.'l;];j Tf\..st~ l.il 10 01",. !In, P<Srm.ra.
<br />lilt! to j.ij "'1)' .<:1 U h~"1W) p'~ld<N. c-r il ant "dlO<'l Gf p'oc_d.!'\~ 15 ~Dm~~
<br />whitt! fl'<illt'i.!i"r "l'Kt~ 8ernt11c,,,rY.:JI: ",Iltf'e,t Ii.. I~ PtWft'1T, '1Xiu.:!jl'lQ. b4lf'Q!
<br />'ro1'1~ \0_ "rnl'~1 Q{lm.",. !""\'Wl"~l:). 4t'.r.Q.mtt>!11tl. \1; ~t,oltl'.J'r~$ \ri~Ol.jfi\l. iii
<br />t>oI'i~~\.ipt;;>, dtl(~r\L t-h4tn SIl,~hC""f)' Of Tf-lOttiJt bvt lJt;1'r_,~,\ C{>li~"~li.)!l t~ d-P !JI',
<br />,iff,lW ""flI'lOO.,,1 nOI'e_If) N !Mtmal"d UP!)" Tru!IL'f. ."d .....lt~<ul 'l'lt\ill,;i1~ r'wl!Of 11(",'1
<br /><l'1-1 o-pllgdl'Q" !'-.fjh..~" ''''11) m.ite ~" d". 11'l~ 'j.ll;'tlt.<, o\!'<J "'4~ ~'I.)' _ .,v",;n",,'l'-
<br />.-,,<1!l!ii!w !':-om~'f!;l'!-"illtil .j,-~ ...0(;,,<'I'It:~4""~~_ ,_l'."-1\1* ':0' "~". ...-h<-<.:t> ,., !1'1ll "J,jO*~'l( ,j~
<br />...("'$f llpp.t,H:5 ~\, JJt!ItH:l 1l-3!(:! .$.'!'O):-'1l-'l}, '" "'~;'-"!;"I1,) >>11.y l:\K:' 110llrf<o'1I ~!"""
<br />a.1'<!If''C,.t\, T'wHfW "'Ii; '''>CO..1' ~")' ',,,t",\,\) lil'hl -It.(I'i'Nf ..r,,)ll!'<'t' ;jHnf,,{,~r~
<br />.no: !'-'CP~ ~;*t>.!"t!""f',*"'l'" ~, ~'\!'\\\'h,--.,.,~~;j'f ..l1'}tT';l!~ '<;. '<H!'~, ..f';~ h .>\ ,r>;!'-" ..1;11-,-,1,,1(\
<br />"M:t<i'l'i'I~" "";\I', ~ "l'<';"ll.!HVj I" '!'OtlI .....-fU l1'""t r',H'lw l\~!1 !~j! '" ",'t~QI-r.l
<br />"!f".tt"-,.,or ,I-' it, P.~ '_:t-H" .~"""1>(1'.'ll' ',' I,
<br />')t "~,.. n",!,y,t>'~ '''''P ~~~,..
<br />
<br />
<br />
|