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<br />84 ,- 006189
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<br />20th
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<br />TRYST DEED
<br />
<br />19
<br />
<br />nitS TRUST DEED, made this
<br />be and between:
<br />(A) Robert S. Proffitt and
<br />
<br />Thais Ann Proffitt
<br />
<br />, whether one or more, herein.
<br />2313 Staiecoach Road, Grand TR1~nn. ~ fiR~Ql
<br />and
<br />
<br />r-
<br />!
<br />
<br />'e
<br />"
<br />
<br />aftercalf8d "Trustor" whose mailing address Is
<br />
<br />day of ~,.-NovF~hpr
<br />
<br />84
<br />
<br />(B) Nnrw~~r R~nk Grritin T~l~nrlf N~~;n~~l Ac~n~~~ri~~
<br />
<br />as "Trustee" whosemalling
<br />acldress!s 707 IJ"....'l'hirn, P () Roy 17fiR. GT~,.,r1 Tol;ou4, Nl1 6220:2 and
<br />(C) Nnrgaa~ R~"k nr~n~ TQ1Ann, N~rinnAl A~~n~;~rin~
<br />as "Beneficiary" whose malflngaddress Is
<br />202 WPAl; Third Street. P~o. Box 1768. Grand Islancl~ oNE 68802
<br />
<br />
<br />WITN-ESSETH-: That Trustor, in conshjaii:ition of Ona DoUaj (S1.00j,ailo otn6rv.liiabi~c~ofi8jdet~i9i)_-:~~.~~.
<br />whereof Is hereby acknowledged, grants, conveys, sells and warrants to Trustee, Intrust, with power ofsale,ther
<br />following described property, situated In Hall County COunty, Nebraslta:
<br />
<br />LOT TWO (2), IN MEDICAL PARK THIRD SUBDIVISION
<br />TO THE CITY OF GRAND IS Le.J"1) . HALL COlThITY, NEBRASKA
<br />
<br />
<br />
<br />The Intention being to convey hereby In absolute title In fee simple, Including all therlghtsofhomest~l.t~;;
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonglng;andtl"oft~7
<br />foregoing, together with said property are herein referred to as the "Property,"
<br />
<br />FO. R. THE. PU.R POSE OF SECURING perf. ormance of eaCh. agreemllm.t an.d c. o. venanto.. f T. .ru. .'. stor 1'18..... re...........l".... c.. o.n....tal.............'........ n... ed........'..
<br /> '.. ...........,.....
<br />and the payment of the principal sum of ONE HUNDRED THOUSAND &-':'.'Oollars ($ .100.000.00 . ..' ,. . ....,.. .,.)lj,..
<br />aseYidenced bya promissory note bearing even date at the rates of InteresUhereonWhlch.may~tt"l:i$j~!9'.
<br />or advanced under the terms of this Trust Deed; both principal sum and Interest thereonbelngpaY8bleeOC0r4Il'1~~
<br />to terms set forth In said promlsscry note, reference to which Is hereby made, at the office oHhe eenefleiaryot at
<br />such other place as th&holder may designate In writing, the flnal payment of principal and Interest, If not~ner
<br />paid, shall be due and payable on the day of , 19
<br />
<br />Trustor and Beneficiary covenant and agree as follows:
<br />
<br />t W.rqml1-o1 TIl'-. T~tOf Is "wfulJy sel.ted 01 the Property; II h.ts good ttgllt an<!
<br />lawful authority to aell and convey the Property; lne Property is. h.. ahO elu, of all
<br />!l8M- and encumbr&OCM OX.C8f)t Ilenll now of fecon1; find Trustor will wllltf~nl .~
<br />defend the tItle to the Property unto the- Trustee and Ita !iUCC$$SOHI :U1Q- anigns
<br />rorevet, &0.11\81. In. ct.!,,"a of all p&f$Of\a. Trustor, at it,S elCPOOM, wilt maintltln and
<br />PfitMNe (he lien Of thle Trv$t Deed as a lit" upon the Trust Propm-Ij subject only to
<br />e~nce. tutlating a' of the d.te hiJteof, wm cause this Tru.t Deed, and eac:::h
<br />amendment Of supplement thereto, to be filed al'ld t&corded .. a. mortgage of the
<br />TMt PtQf>ttty in &1.1./;'1'1 _mannef and tn such J}lue, and wlll t8lce $yen other .clion as
<br />in the- opinion of Trustee mey be required- bv any Pf8sent 01' luture law in order to
<br />Deffect. mainttin and pmtllC.t !~ u.,. .,1 n.i. T~H.t ~ ..."!- ~~.....-- _.... ..... h_
<br />11mtttoumeamEH'\dedOrsuppktmen-tBO.- - --'~---.-- ------""._" ~.........
<br />
<br />2. ,.,.... of ~ and "'....... Tru~UOf shaH punctuatly pay tho principal 01,
<br />and in~l on, $A14 promir.&Ofy note InclU4lflg any attvilnCes- thereto u proVkMd
<br />htfeJn ~ the dat.. and at the place and k1 the manner provided t,,*8f" -and wUl
<br />~WIlJy perform all aQf!!MHl*1t-s. condl1lont and p.OViSIOl',.5 of any o-t,* security
<br />lnstnunentglwan lnconnect~ wUh this tr&nsac:lloo.
<br />3. ~ aQCI Ihlat:tftanoe of ~. Trustor will no-l commit any waste
<br />upon the Ptaperty .~ wi:U1 at aU times, maintain the Mme In gQOd order and
<br />cOfwjntO!'! ~ wm fn@., trom time to time, all tepaus, ftmftWafO, replacements,
<br />addIUone and i~ts which .r. ~Iy fltQuired to j)f9veot WUitt,
<br />~l:, Of merlO-UniOR ot saki properi.y. riQ buiiGing Of nnplOllittnent now Of
<br />het'ocft=f ~tW_,U"Oil the Pfopwt)' .shalr bet alleiWQ, rttft"'>\lved -or -demOl!ahed
<br />without ~ pIiot ~ten consent of 8enefkiary.
<br />4, 0.,.... to_~.ln c...,ol -Jily d~ to. o.r dMtructM>tl '01, the- buik;Hng,s.
<br />ItnDfO\lementaor pel&OM1pr~~! ('~~!~!'.!!~g: ~~! QI th-e r~!.!~ ~flt. wl'tt1he:
<br />SliCh, -f~-b COWIli(f OJ' tn.tufl:l'tC:o tH' othetwise. Tru.s\OI, at Its 9,~ cost and
<br />aJt~ae, wm ptomptty rntQf1t, tePair,-rep1ace and r~l;tild the.-am. as neatly IU.
<br />iR'~~ toit~ Condluon tmmediflhNy prior to SUCh Clart't-ge Of l18$tfucHon Of with
<br />"!Wb Q_~ .,a4-..ttetaUOM ll$ "fruator me)' d&e.m SipptOptiat-e pro'hdOO such
<br />~ _ aimattona do_ not fNll.laIly Itt$f8n ,the v-.t.ilHt an<;t utility Of $lJct\
<br />tlultdtftg,t;. IMfH(Nfmtf'lts ahd PtN'tOn-&tt)' lrom that Cl(jlltln-g !mmedi..te-l~ puor 1-0
<br />sucb ~.Q:t OI$ttve;Uon.- TMllUf WlJ M efltiltad to reimburSfi\'m&Ot tram t"-
<br />Trt$_,tc-t.... .dRt 01 IM-,.. tn~~f@~ ~!-r!!(;el'feC- ~y Tn;1.:;!~. ~ul C~!'r to
<br />~~t of U\e le~"'*I.um-.liI.per>ded ijnder Utll p.~&>On.
<br />6. ~..~, U f"",,1or IIiI . cQl"j)01iItlQn. It will do al; thmg\ n.CItlJ8~ilIY to
<br />~...Itt. "otPPfat. ...isiot'l(:fI.. riOhlll:afld privil&geG Ull(fe-.f tt1e fill~ll ot t~ $t.l<< <<I
<br />U'if\cof~km.
<br />
<br />t. ~ }~tol.: ~i -j~--,~ win m~l'l~.ft; with ;MIl(Of~ ,~~ -fr;
<br />~._}~t.~ lfdU\ rUf*:t fQ' -th6 imP,OYOtntllnls and pe's.~ P'~l',
<br />WAMtM.ing 'n. PtU$)Wt; ~t W)Jf, 0,. h,., lrQffh'llnQ; mm.do, al1d (?thef P$t!1~
<br />~ t)1--~_"jflOndi4 (.0___ endoi"!'fttmt in.n !l!l'tlwtlt ~ tO-it
<br />~ ~ ~ _pM~t 0# ttw IWi f__at.~t '"'.hiiJ 1~"Ql; am! !na-vUtM&
<br />~ 1W$t\ ~ h&t.I:fo. 08;roa.n ~-h ~M atf~t cutt{WUItl.1y ,;,IIXrtOO by t,h1fMf-fj
<br />llOd, ~SltOf. of It;mH_ JW~," ..nd iii" s.n&ti6.ry ffHiV requiE. tOt Jt!i
<br />~tk:lo< Ttt#rlOf wlf! t;1).~y 1IIrilh ti,tC-h Qt~! ~"f.tjf~nt~ Iil(l. a9.netlcuvy !'f'..~
<br />h~ ~~ j'\) lime' 1.,q~~ t{'ij" 11\4 pt~lJ(;:tlOO I')y j~f~ oi ttIo It'-t*tl.t':e-t QI t~
<br />
<br />respective parttes. An In,luincte pollafos_l"IWnt8intd-pursua"'t to ,tlft_ TnitfoMci_.
<br />shall,name TtuatM llIld hneU."i.tl\l:-U In~.. .UI')ttk_tM~~i~ ~~,~:_
<br />appeaf. eM nrovkUt 1hei thefe ehftij' ,~ N,) ~,~ Of ~lJni!Iott-~;
<br />fifteen dey. pfiQf writton noUUcatlon to it"",", Pd-IM,MficJGry. l{t_ i",~t:a.n_t
<br />pellcy hereu~ 10 not rene~ Oft or befOre Une.n d"", Pr$ 'Q itl_.~UOlt
<br />da'e, Trustee-Of 8eneticl:ary,may PfO(:aIft..wch j1ltU'anQe~-t~;GOat.__tIQ!~_
<br />be adckld to,IM tot;f\ MCUnlCt-t))' t,hte-i-ruatJ).."',*,..~~....~Jn~",..u.,.,
<br />greater oUrn.,lnt.....t ""'*lflt:d l....or lhe ~-~'r.":,,~:
<br />by ,1>0....... '1>05181..,__, Ttv,'or._JIoU...to~~odQIl1tI...
<br />001- ., i.......,. ..., _.._ or _Glljlloaof -1>Ollo........
<br />i~.~ti,'t~....t ~.~~v-:t;-.:~~..-~_.vQ l.ti"-n-~';'-itf.-;;r..~~~;~~!
<br />heJeundet s~lI. ~t tfte:Qption- of u.nef~,,~ItJ.tt.-. dttfau{~> AA',~
<br />premtums ...e he(eby aul;ned -fQ ftuitU._ u ~f-"i+aUlitr.end'_.,a~ ~-;~
<br />conveyance of the Ptopeft): by tll8,tl'l.l$l.. shaN GpfIfate-!o COOYe)',to tMt3~, .
<br />tne Truator'-t1 interest ill *fld: l:uail poj~"ij: lil$\if~"PG<i-:t.l$.:T~'~y;
<br />
<br />7. T.... and ~ Trusto,. ~t1 pay aU, t,u:e. and ~lal ~J.
<br />IQVIed or *HeW84 agaFrlst _Of dut UpOn the" f>ropet-ty bef~_ 44tlnQu,.n:ey, ~ _wlU
<br />deliver to Beneftciary eO$'. 01 ~ptS sh-:JW1Aq; uyment of throh__t2QQ ,and
<br />speciai atieumenta.lt Beneflclery,.ttall ~_ request, Trtl$tOf 8Ql:","Wt tl\eNt,.tna1l
<br />be added to .ach P6fiodk; payment -leqvlf<<l to be mad$ he1~ <<f) __mount
<br />es.i:imaiilO by jrUSI&it to. be- sulfj~~t tv ~i\.6W;; Tn.r"$t~ ro P_lJ;. _3ll;......t, 30-04)'$
<br />belONit delinquency, all texa.., UM6&lT1ef\l5 or athor PlIbijc eh*rge. again.t (M
<br />Ttu~t Fi"~tf. tha Note iecutOd by H~;;: n~l ~. Of ~;:~n 4!CCto<.!f!! of !t!~ ~~t ~ftn. uen'~ot--th4a_Tru:sI-tJMd.,'t~~dltqnemw.tft~,t9f,;~:~~:,_bil
<br />pl'O\Iided undar thtlt.- TnJJ;t -Deed: aoct 00 Interest shall b& payable tQ flustOf tn
<br />lespect thereof. Upun defflamt by TIUl;ietl. Trl.lblut shaH (I~iiv.( iQ rruslllle ,;.u(.:t'I
<br />
<br />:~,:~~a~~:.~; t::.n::~~~~';~~~;~7~~: ~~~~: If=eocv ~~ !he
<br />
<br />B. A.wbIoo.a#l: Uc=. Tt'd$fGi anoU lTiik-a i;lt paymct:it$ of: in.. and ~~Ma
<br />p.ynlefna of -.ny ot~r ehatQlM, ~. ~ '1(~'l5M \X)n'f"~ to bo paid to 1Ul't
<br />editing lien holden or prior btMfroltnes under any prior Tt\IfIt Oftd.. M_OItQqjt.or
<br />{"I'her $8CtIlity .tgltMltTMlflt, bet...-I"" oat. they .rll dellf1(flHlnt _nd -to pay lUI,r-other
<br />cl-alm whleh l~fd\-zQ ~N illtCU1lt)' Qtaru.d f\efei.n.
<br />
<br />g- ~tHIn vll8liet'-ft<liIf(~ ~it,. Stwvld l'na;.or t~1 :c: ;;"'..~.. :1.rlY ~.;:mt.
<br />tail to -do iJIlY act n J1l!!hW'l -Pftwlded. (It If .oy .al;iHOn Of' pf()cftdilng i.t ooml't*K:~
<br />iIIIhich mlt.rillly .tJ~tJ 99f18,JcJv/t. in.I",W In tile ~'t, IMlutf~"g_, bui not
<br />IImiled to. >llml~t <lOrna-in, in.O~:f, IUUU'Ig8fflent'll Of flt'QCHd<n9-\li iftWh!'!t'lg ..
<br />o..MfUpt 9f ~t then ~nciaf)' llt TtU$t.. b!JI 'tI1i!'l~t atl:ltgJitlQrl- to 4a SQ,
<br />.1\0 \ltrithout l'!oUe.. to Of' 4emand: uj:i'n T'Ufl;fOt, f:ld ..,'tfiOUt felH$m-Q fOAlOf' frcm
<br />an"I ~.t~ n81eundef, ~)' tI\aM at dO the Ii.un.. .~ ,,",y P4Jy, 'P-..>>'()ha...
<br />cont."tot CM\P19mi" any enctll'fWMan.c._, C.hafga-Or-itefl. which it! tfie ~t of
<br />mther l!~. to ..Hec-t Mid Prof)et1y; In \h:M~hW~G ant Jiu{:h pow"$. t"'"
<br />B&n4,fk:l.-ry or TtU$t.. may incw Any l-i:~lity flJ'\d ttllpOnd wn..I,'Iil~ _amounts,
<br />Im;J~jng dtsbuf~r,t. n~ rUitQr'I,abJf I1U-QtM~'~ tth\l$. WhJf:l-/'I ir.- t'hell .~,.
<br />d4lJ(<l8tk>fi, miW be ~'''''''ry_ it'! fhe 1t';'~nt th&l fr-l,i&tor aht-il letl tv PfQ(;l,l'~
<br />in.-vHti'l:U tJ! to P4't' (Ii..". .!'l.,J ~_i..:i 16U~!" or to. ~~. ~y ~J!;~ts to
<br />t>"i$ltltfj Of prior i!f#O hU~'!J l)1 ~(k1lottle:t1, In. e~Hr,j;u,; m.y ;t!<<i.o~e !hiCh
<br />,r,~-,j,.fWJltawJ maktJt SUi;:fi ~~~t,,- A-U JUl'Ofl HH:-vrnJ(i ill $lI:~hdM ny ~fiC.Jiif'Y
<br />",lr!.,l~t_ m -at;€;(.kO\i;n.-;. ""~11'1 11"" tnCYili'iO''9- (ff !h!'$ lnl"! ~ 1\';f'!! ~\l!'>:lif h1M'~
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