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<br />84,"-'
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<br />005497
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<br />DEED OF TRUST
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<br />This Deed of Trust is made this 15th day of October
<br />19 -SA-' by and among BOW SHEN SHU AND s'"ANZ'ED SHU, husband and WI t e
<br />hereinafter referred to as "Trustor," whose mailing address is
<br />;?6:i3 <;n"t-h Inrll<;t Grand Island. NE ; AREND R. BAACK, Attorney at
<br />Law, hereina fter referred to as "Trustee, n whose mailing address
<br />is P. O. Box 790, Grand Island, Nebraska 68802; and HOME FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "Beneficiary," whose mailing address is 221 South Locust
<br />Street, P. O. Box 1009, Grand Island, Nebraska 68802.
<br />
<br />For valuable consideration, Trustor irrevocably grants,
<br />transfers, conveys and assigns to Trustee, in trust, with power
<br />of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the
<br />following-described property, located in H~II County,
<br />Nebraska, to-wit: TWO (2) ACRES BE THE SAME A LITTLE IDR!:: Uti Lt.SS IN THE
<br />SOUTHWEST CORNER OF LOT NU~lBER ONE (1) MAINLAND IN SECTION TWENTY SEVEN (27) TOWNSHIP
<br />ELEVEN (11) NORTH RANGE NINE (9) WEST OF THE 6TH P.M., AND ADJOINING THE ONE AND
<br />ONE HALF ACRES OWNED AND OCCUPIED AT THE TIME OF RECORDING THE DEED RECORDED IN BOOK
<br />34, PAGE 3B9 OF THE RECORDS OF SAID HAL.L CDU~n, BY THE SA lD JOHN C. C. HANN AND WIFE
<br />L VING I~lMEDIATEL Y ON ITS NORTH LINE THE SP,' rUICT ABOVE ,'!ORTGAGED BEING IN SIZE
<br />FROM EAST TO WEST THREE HUNDRED SlATY ONE 1-\,,0 FIVE TENTHS (361.5) FEET AND FROM NOElTH
<br />TO SOUTH TWO HUNDRED FDRTy SEVEN AND FIVE TENTHS (247.5) FEET FRONTAGE ON TP.EPUBlIC
<br />ROAD KNO~JN AS THE SOUTH LOCUST STREET ROAD.
<br />together with all buildings, improvements, fixtures, streets,
<br />alleys, passageways, easements, rights, privileges and appurt~-,
<br />nances located thereon or in any way pertaining th;reto, 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 beinq
<br />aqreed that all of the foregoing shall be hereinafter referred to
<br />as the "Property."
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />(a) the payment of indebtedness evidenced by
<br />Trustor's note of even date herewith in the principal
<br />sum of EIGHTY FIVE THOUSAND AND No/lOO--- ($ 85,000.00 ),
<br />together with the balance of such indebtedness, if not
<br />sooner pa id, due and payable on November 1 , }<J20q4 wi th
<br />interest at the rate or rates provided therein,ualonq
<br />with the payment of all other sums, with interest
<br />thereon, advanced in accordance herewith to protect the
<br />security of this Deed of Trust, together with tn.
<br />principal and interest on any future advance as evi-
<br />denced by promissory notes stating they are se~r.fl
<br />hereby, and any and all renewals, modifications and
<br />extensions of such notes, both principal and interest
<br />on the notes being payable in accordance with the t~ms
<br />set forth therein, which by this reference is herebY
<br />made a part hereof. At no time shall the principal
<br />amount of the indebtedness secured by this Deed of ·
<br />Trust, not including sums advanced in accordance
<br />herewith to protect the security of the Deed of Trust,
<br />exceed the original amount of the note plus
<br />$ NO/10D OOLLAR:j
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<br />(b) the performance of each agreement and cove-
<br />nant of Trustor herein contained: and
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<br />Ie) the pa}~ent of any sum or sums of money which
<br />may be hereafter paid or advanced by Beneficiary under
<br />the terms of this Deed of Trust, together with interest
<br />thereon at the rate provided in the note.
<br />
<br />To protect the security of this Deed of Trust, Trustor
<br />hereby covenants and agrees as follows:
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