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TRUST DEED $2 ""'~ ~ ~ ~ y`~
<br />THtS TRUST DEED, made thfs__ 2nd day of~ November tg 82 r
<br />be and between:
<br />(q) _$ILi.Y B- WRIGHT & HILDEGARD WRIGHT. HUSBAND & WIFE OF EACH OTHER, & EACH IN
<br />-HIS & HER OWN RIGHT, ,whether one or more, heretn-
<br />aftercailed "Trustor'" whose mailing address is 110 EAST 9th GRAND ISLAND NE 68801
<br />____ and
<br />(B) IQTirI A. 1dOLF, ATTl~rzxr:v AT taw
<br />as "Trustee" whose malting
<br />addressis~~ BOX 428, GRAND ISLAND, NE 68802 and
<br />(C) RII1S'F SAUTNGS CL)ttPAIdY
<br />_ __ as "Beneficiary" whose mailing address is
<br />PO BtIX 1566. ~Ai4D I$J„~ NE 68802
<br />WlTNESSETH: Thai Trustor, in consideration of One Dollar {$1.00) and other valuable consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the
<br />fol{owing described property, situated in _ HALL County, Nebraska:
<br />LOT SIX (6) IN BLOCK THIRTEEN (13) IN RUSSEL WHEELER`S ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA; AND
<br />ALL THAT PART OF LOT SEVEN (7) IN BLOCK ONE HUNDRED FORTY (140} OF
<br />UNION PACIFIC RAILWAY COMPANY'S SECOND ADDITION LYING MORE THAN 66
<br />FEET WEST OF THE EAST LINE OF SAID FRACTIONAL LOT SEVEN IN FRACTIONAL
<br />BLOCK ONE HUNDRED FORTY OF UNION PACIFIC RAILWAY COMPANY'S SECOND
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTYy NEBRASKA
<br />The intentioh being to convey hereby in absolute title in fee simple, including ail the rights of homestead and
<br />dower, together with ail buildings, fixtures, improvements and appurtenances thereunto belonging; and ail of the
<br />foregoing, together with said property are herein referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING pe~f~Kc~D,~ie$~~~~~d covenant of Trustor herein contained
<br />and the payment of the principal sum of ._IiUNDRED ONE & 76/.iCu~+'': tars i$*** ~^4, WC1..-7-e************* )r
<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 according
<br />to terms set forth in said promissory note, reference to which is hereby made, at the office of the Beneficiary or at
<br />such-other place as the holder may designate in writing, the final payment of principal and interest, if not sooner
<br />paid, shat! be due and payable on the 2nd day of._ NoVEM~ER , tg 85 .
<br />Trustor and Beneficiary covenant and agree as follows:
<br />1. WaRanq or rrda.Tru9tor Is iawfWiy SaizeC o! tha Prop@rtv; N nos goon rigor and
<br />IaWCut authOhtY t06811 and convey Ih@ Property; Iha Property vs free and near di atl
<br />Ilona and epcumhrance8 except fiarrs now of r@Nm; and Trublqr wrl! warrant ana
<br />dNend the Iltb to Me Prop@riy unto the Truslen acre Its 5v00assors end assigns
<br />forever, against Ina Clalma OC ail pBrapn9. TfusiOr, at :ts axPenSO, wAi mainiarn end
<br />preaaN@ the lien O£ tote Trust DBetl a9 ] iitln aROn the Tra5t Properly SupjPCt Only YO
<br />encumbrances exl8bng 83 GI IM Cam nnreul, Wlll 08050 tmb TN91 Da@d, dn0 eACn
<br />ertmntlment or sapplemanl th9relo. l0 b@ tit@e and recwuetl as a mortgage o! me
<br />Tru9t Property In auto manner entl In sucn DlaCa. arm wlh take such o[ner action a5
<br />In the opinion of Trustee may b@ required py any present or !u:ure law .n ortl@r w
<br />pMePC maintain arM protect tea lien o+ Ims TYUSC Dead, a3 Ine same may be rrom
<br />time io tune arMndatl or sr:,9plemnnmd,-
<br />2 PayaMnf W PdnPipal end IntaraaL Trustor shall Punctually pay ine Principal at,
<br />erM,lntere8i On, Said prOmtsfiwy rata irx;ruding any aR ar,C@s Cnar¢lo as provrdtN
<br />MtNn on tM dales entl el IM place and In trio manner provided lhetem and wilt
<br />pangnwny per{prfn8tl a9letlmenta, cOntllbonS anp p;arislO.ns of any Otn@(seCUdty
<br />Instrument 9iwn in Lronnection wrtn rota rcmrsacaron.
<br />7. Pnaanstlpn sad Wintanarta M Property. TNStw wiVi not carrmri any waste
<br />upon the PfoPa£ty arM will, et alt times, maln(ain ine sarma rn good oranr entl
<br />COYMition end wfl: make, Irom. tim8 m ;titre, a:r rsoairs, ran@wais..ap,acamenls,
<br />add£1{Op3 entl Imp(py8mbnts whrCn era r@abOnab;y rsgyrr¢d Sa pruvCn: waBIe,
<br />kMailhtant W datayiwation of eald proPgrly. Nu bu3Vding Cv :mProvement :.aw or
<br />n.Yaattet em6lad OQOn the PloperxY. shAil -be a:ltlred, ramOrBd Dr pampirsned
<br />wtihoNt tl!a prior rattan COnsanC of Bmahciary.
<br />l- ! to Prope,ry_in _asa o!-any da+naya .a, c: dss[.r.tiron ui. Cna bv.rpmgs.
<br />lmprovajasnis or Payeonsl Wopa+tY M_nsh!u:fny part e! !!re T.uat Prut+@riy, wnetnar
<br />AYCh 6peb i9 cpvtlraq by +naurahGe p adWro'!sa, T aS1Ol. a 40:@ COSI A':d
<br />expanse, w1II ptpmptiy restore, repair, rsp`ac@ rabutAl ana sums as' n@aaly es
<br />pracfiCebie to 116 COndilipn inumdialerv P'iO++a such Oamap@ a' lnstr,:i-,inn o. ~,Yftn
<br />ouch 6iyaitpaaa G°id 8tleraCkne 99 Trustor n aVOrODrIAm fcvldaa 9
<br />chsngea ara7 auuatbnn dq nor n>at@r1Ar~y asaan@. n@ +arun and uhgty of sr cn
<br />Av£idthga. napfoyalntlrlla-entl parsonaiity :rOm (oat ekrs:,nq rmmed,atatY ixror+th
<br />s0ph dHi4g-Q `=r ~fStYYi14n. TrOeC~r 4;saf. by en;rt!6d to reeneLy.!Snn +run+ (iy?
<br />7YUaW to ItK ax;tlM Ot tt;a oat rnynan;;a Pr[><:eBdS'aCS+v J Cv Th.rstaa. ~t+ut ;t-y#y b
<br />thaglant of d+a aC1tu", sum espsndga •,Ml'ler ilh8 R: ~ria:p.r
<br />i. CaaaMlb llyalp. Ii TtµPtpr r9- ~ t. .ibtipr: n C,~~ nlr ~. .. - -
<br />MR88Na1tYCMk:%r3tmk' YiBnCa."r' - sM t~' 9lu-~drrr r.~ eAa_ Ine ..'a,n al
<br />d. nYOaPwatrun -
<br />s inaaraaae. ?..emsr sap»
<br />BanNiev, -.rurx ~ ~.:R
<br />+N t 4+ay;. ~.K W trey Odlns: .X n
<br />,;~,W M ~ m ~xr
<br />a7a+ t+W . . . ~. +~ - -
<br />n'frar } Y -A3
<br />4"W+ .+lW h: +e , . t x . .r ,?: ~.• a +., ~, o ..- ...r
<br />+aepachve parties. Ait Insurance poilCreB marntainetl pursuant IO thrs Trust Deetl
<br />nail name TrUSteB and B@nefiCrary as In9urnd9, a9 mmf reSpaCt+ve IntBre3I9 may
<br />appear, ano provide roar there shall M n0 canceifation or modllicalion without
<br />!itteen Cars p: mr written nolitication ro Trustee and Beneficiary. In lea event any
<br />pOhcy nereuntleY !f riot re awed o or before fift9en Oays prior to its expiration
<br />dale, Trustee or 8@nebelary may prpcura such rnsurenCe and the cost inBreol snail
<br />qe added to trio loan securBd by Ihle Trust Dead and snail beat fntNeal al the
<br />greater of Ine toreros[ rata specified tnerein or the highest infareat rate aultwrixed
<br />oy trio Taws of the State of Nebraska Trustor shall deliver to Beneficiary Ine oH91na1
<br />pOIiCrBS OI insaranfa and renewals lhereol pr mBrtlp copies of such pOlitmS and
<br />is tl+emof. Failure to lurnisn insurance by Trustor, or renewals as repaired
<br />hereur+der shah, at the option o£ BertetlCiary, conatitule a Uelault. Ail unearnatl
<br />Dramrums ale nereby assigned t0 Trustee as additional security ano a eels and
<br />c! the Property by ine LNeIeB shall operate t0 convey Co trio purcnabtlr
<br />;ha Tnrusior's initlreSl in and to all policies of insurance upon ine Trust Property.
<br />T. Texsa aM Aeseaementa. Trustor strati pat dli lanes and 6pecial assessments
<br />vied or ass@saed against or due upon trio Property before dellnqunnCy, and wit!
<br />dal:ver l0 8an@tiClary Coptas o flipts snowing Raymenc oC such laxe5 entl
<br />sR¢C+el dss¢ssmBnis. ll 8aneliCiary shall so rBgpest, Trustor agrEes trial snare snail
<br />be aadad ro aacr. periodic payment required m be made harauRAar an amount
<br />estimated Dy T•uslae EO W Yufhuenl :o noble Trustor 1D pay, at !east 30 tlays
<br />:alcve Ortnnq..aacy, au !a.@s, assessmems ur other pvbirC charges against ine
<br />st PrCParl Y. Ine Note secured DY :ni9 i rysl DBed, or upon account O! the oabl Or
<br />- nut !h,s Trust Ce¢0. SOpn.h@r with p!Bn±iuma IOr InsulanCty repaired .O be
<br />+~C+n: urABr 'ns Trust D@ed and r intarns± Shaii ba psyab:e l0 i osier rn
<br />^s Recl thera0l. Upcn demand by Trasiaa. Trusla seal! deirrCr to TrOSlee spCh
<br />adOmonal a ni n nceBaarY la make up any rleficr@nCy rn Ine
<br />_ .tc_. __ __assa r .. ens.+e ..+_.ee .., ,ar a..^.Y of the Iwegprng items.
<br />~? Adoltinnal L4ns. *ruator snan make stt payments o' +ntetBSt and principal ano
<br />csy ^:sr•?S .' any ;::riot c^s:gns. !ms. sod nx!`_-r,sns _'untraC!ed tc M paid tc any
<br />islkrp :r9 ^.alaer5 Ur Dt Wr hYrehc+drien undtlY arty RriOr Trust Deep, Moripagtl 3r
<br />.1her 9@CUrrty agraemant, bo:ora the ante (My are dehrpuant a,-N [a pay a Y Uther
<br />,gar sr wFaiGh la@parq.xes :t:tr aucv:rly 4'anteC na+an
<br />9 Protacibn ai BaM£iC£ary 1 SaaarHy. snw„td inrs:0[ fart to make ant Raymant,
<br />+et! ip C. ct as hw,em P:Ori+dtlc:. ;Y+ it ant acllCrt a VrOCnndiryg is commenoad
<br />worth mafv gaily a+ m:£s Benphuri+y'S .niel s.r •, ;a P•ODettq, in.:fudin9~ but not
<br />mood t ..nor alamem, ' tlvanGV v - v p:OC@edmpa .ap d
<br />rPIY
<br />ru(. cade.rY, .Rat B@*~u.+. ra=v ~: - ;. iFlUOi ObilgiYtan to d.~ su,
<br />- xeLwu: na+ea to o+::amar a utroa :=us+.~. - xuut eaiaas:np Guatp_ Iron+
<br />ry as - . -.ay r- ~a :.. q mar RaY. p rcnasa,
<br />.•-. vita,. wn ,.h,n the lua9atrma.u.[
<br />4 df HI. - .K •[ s n -h
<br />ea r a n :d
<br />s4 r o 1Y ~ acie o f u.rer s n i,v aoxOlu~@
<br />e ^e ! f -
<br />e:+Yr ay ex
<br />-. tryc y
<br />_ z A r T, cy'M1 9 n
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