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<br />Deed of "D'ust
<br />(Nebraska)
<br />
<br />,
<br />84..-- M058?9
<br />
<br />This Trust Deed, made this 9th day of
<br />
<br />August
<br />
<br />,1984
<br />
<br />between Richard J. Russell and Barbara J. Russell, husband and wife,-------------
<br />
<br />whOse address is 1718 S<mi;h Shady Bend R<>ad, Grand Island, Nebraska 68801 ,Trustor,
<br />
<br />and Vincent L. Dowding
<br />Trustee,
<br />
<br />,whoseaddr&sSis P. O. :Box 790. Grand Island. Nebia!;lka 68802;
<br />
<br />Witnesseth: That Whereas, Trustor has executed one certain Promissorv Note bearina elien date herewith'and
<br />drawn to the order of Metropolitan LIfe Insurance Company, hereinafter called Beneficiary, for the principal
<br />sumof-------------------------TWO liUNljHED TWKHTY TROUS!ND-----------------~-
<br />
<br />
<br />= - - - - - - - - - - - - - - - - - - - - - - - - - - -- -...- ----..-I:JQfI~~
<br />($220.000.00 ), payaols in lawful money of the United States which shall be~a.It!lnderil1p~ytll~I11~J;~!1 .
<br />debts and dues, public and private, at the time of payment, with exchange on the CltyofNe.wYorlc.~in
<br />installments, the final installment due January 15. ?OO4 , with int~~lhEli'e,onlto1n~
<br />da:'" :;",'roof as therein provided, .
<br />
<br />And Whereas. Trustor is desirous of SecU:ti;g Ine promp\ I'aymentof said Promissory Noteandal1jnterest.~
<br />charges thereon, in whose hands soever the same may be, .
<br />
<br />Now, therefore, T.nJstor, in consideration of the premises, andtor thepurposeafofl1sal9.~
<br />gained, sold, and conveyed, and hereby ~s grant, bargain. sell and convey urrtothelt . .
<br />power of sale, pursuant to the Nebraska Trust Deeds Aq L~ecli.. 'on7.6-.1oo1 et.,seq,.l. a1.nhe..............~ . .0..... . ......... ....... .............:..............,.......'.....:'"
<br />real estate, premises and property, situate in the Counqrer' Antelope and.HaJ.laiJd ........ .<:"f'
<br />town: . . :.' .. . .;:-
<br />The North Half of Section S, Township 23 North, liazlge6 West oftb.eS1Xtl1'~~t
<br />Meridian, and the Southwest Q.ua;rter of the Southeast Quarter of seott~J?....~fll:1ip;
<br />24 North, Bange 6 West of the Sixth Principal Meridian, ALLin _tel~l'!lI;~~j
<br />Nebraska, AND . . '. ~.
<br />
<br />The South Half of the Southeast Quarter except the easterly 435.6 feet~~~:"
<br />the li&st Half of the Southeast C,uarter of the Southwest Quarterexeepting~:
<br />a oertain tract of land. more particu1a.rty described in Warrenty DeedllOt,Ut1$&,~
<br />114 of the records of the Register of Deeds. Hall County."'bra8kat~i~ .
<br />2), Township 11 North, Bange 9 West of the SixthPrinCipaJ.dMeri.dilll1..Ba11
<br />Nebraska.
<br />
<br />
<br />
<br />
<br />The note secured hereby expressly provides that the holder thereofllla7at:i.t$Opti~;
<br />change or adjust the interest rates set forth therein. .
<br />
<br />This Deed Qf Trust is given to secure a. deferred purchase money now, lthich:~u
<br />sents funds advanced by beneficiary to pay for the'baJ.anceof.the pUrQbase'...:Wtee
<br />
<br />~d u:~ =t=;~~. f~~ ~~d c~~~..:Z:d 4tl~~~ ~: p~:::.~price'
<br />
<br />The note secured by this Deed of Trust is .t'urther secured by a seOU1'it1'~t
<br />and. finanCing statement of even date herewith covering personal p:t:Operty Nde~".l
<br />in said seourity agreement and finaneing statement.
<br />
<br />It is agreed that all irrigation :pumps, electric motors, engines, pipes, sprUlltlm
<br />and all other irrigation equipment connected therevi th now or. hereafterplace4 or:
<br />installed on said premises together with all water and watering ripts ot~~_
<br />description shall be construed as affixed to and a part of the real' eatatehe~
<br />above desoribed and subject to all of the provisions of the Deed of 'l'rIlst.
<br />
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