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<br />TRUST DEED 82r.rt.t3Q4898
<br />THlSTRUST DEED, made this___2nd day of NOVEMBER ~ 19 82
<br />be and between:
<br />(A) RICHARD S. SMITHSON ~ JUDY L SMITHSON, HUSBAND & WIFE OF EACH OTHER & EACH IN HIS
<br />& HER OWN RIGHT ,whether one or more, herein-
<br />aftercalied "Truster" whose maHing address is _ 1218 WEST 10th GRAND ISLAND, NE 68801
<br />and
<br />(B) - - dA~i A fJI1LE, ATTOBNF'S' am [ n[1
<br />as "Trustee" whose mailing
<br />addressis_ PO BOX 428 GRAND ISLAND, NE 68802 and
<br />(C) FIRST SAVTn[r.~ r'nMPANY ___
<br />as "Beneficiary" whose mailing address is
<br />PO BOX 1566. GRAND ISLAiv'D, NE 68802
<br />WITNESSETH: That Trustor, in consideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale; the
<br />following described property, situated in HALL County, Nebraska:
<br />LOT SEVEN (7), IN FRACTIONAL BLOCK TWELVE (12), IN GILBERT'S
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The intention being to convey hereby in absolute title in tee simple, including all the rtghts of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "'Property."
<br />FOR THE PURPOSE OF SECURING perFf,i`~ anH& S ~c~`~~~ covenant of Trustor herein contained
<br />and the payment of the principal sum of oars ($ ***5 789.34**************),
<br />as evidenced by a promissory note bearing even data at the rates of interest thereon which may hereafter be paid
<br />or advancer; under the terms of this Test 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, shall be due and payable on the 2nd _day of MAY , 1986
<br />Trustor and Beneficiary covenant and agree as follows:
<br />t. w.nany of rid.. Trwmr s tawmxr serzad a top Properly: d Has coca Ham and
<br />lawful BUtnOrity to sell ary Convey tna PfPOarty; tna Property a L'oe and Ciaa! d+ali
<br />liens antl encumwancea es<ept Gans nvw of rocwd. ana Truster ..in warrant and
<br />Ostend iM title !o Itre Property unto the Trustee and its aucrsswrs atM assigns
<br />}waver, against fM c4ima of ail persona. Trustw. 4t its nspense, wFtl maintain antl
<br />INeaena }Ire lien O} IMa 7Nef Deed as a Ilan upon the Trvst PropenY su Djacl Only Fn
<br />BnOUmbrnrlGle t%lalfng p Of rite dale nbroo:, win CauStl :n,9 TNat Chad, ana each
<br />8marlr0.lm~a~w~wv supplement tfroraio, la De tired aria rePOrUrrd as a mortgage vt.th
<br />Trust r,-w~•.r In wch mannm rind in auCn placrt, arW writ !aka Such Other action as
<br />to Tire gnnipn of Tnret9e may Da roquiratl oY any present or !afore Inw in order tc
<br />peMecl, maintan and ProlACt the Stan cr tole Trust Ca i, as Sne same maY Da'ram
<br />tulle to tlme arneMed or suPPbmemed.
<br />t Payman! W Pr1nclWt and tMtrpL Trustw steafi punc[wpY PaY ins prmciVai o!,
<br />aM interest Pn, aaltl promVasory note in9luding any advances tnerolo as prov,ded
<br />herein on Tire deice atW it the place and in Lha manner prvvidad Fhete~n arN w:~t
<br />punotwllY pertwm ail agreamenb, conq:tials antl prov!srons ut ant Dinar secu+ity
<br />t1laUgrrlent giYSn ul CDnnectiOn with in+b tranaactimi, '
<br />3. Praaarwgau and Nalmananoa w Prgptrly. uascw w1a not wmmi! any waste
<br />-utMn tM ProptttY antl will, et alt rimes, maintain the lama In good order antl
<br />cpndltion antl will make, from lima to time, all rnVairs :
<br />aadnrena antl tmwoyemanta wmcn dro re -Haney rayupeq Ic uoyonta«-
<br />impalrmen[, w gateripratlon bt pW Property, Nn bu+vJmg er ;mp-rzw&A¢nt nmv+w
<br />tgreaNlf Ora9titl Upbn the Proper}y aMli tw al;aed, removes a+ dernUWisneO
<br />wilhtN4t tlNPriw written consent of 9erpTiPiary.
<br />~. i lp Vrppeny. In cane a y damage t t - . r nab Umngs.
<br />rmproverrreMa o+,-.araoriat property c,r.:s}ituvig par. o. r+o , ;r t -,.,>e,Fy. ,v*emer
<br />ew:n IOaa b covered DY inswarrca cr ntnarwnn. tn:s:er. at ,:. -nsl ana
<br />aapsnte. will promPth reatOrO, repair. ace u.+C +svui:d .n - -
<br />prage7caplt~ its cOrhlnibn lmmegtete!)rP+rot la sucn damage xilasEnicnon ar'w,{n
<br />_sucn OrlangCS and ahpretiOna as Tr4atd n:sy =aem aFPrO;.r:p:a ^r'n,v:..TOO ~U<r',
<br />gi~!ggp arW eltue(3Ma da MYl A! Ua'y !eSaer Tut - \ U
<br />buiidbyta f+rlptOYelaynte eeq p@ra(- I 'Y SrO1n the, 4 -S3 ~, ,-+,:adiate . pt+t-u Iu
<br />teat darnega Ot OaatructiOn. TrualOr antli ch pnt.hed tc Ie.mDU!i+•:T.¢r:! !+n:r- tna
<br />-TN,LSIW tq tM t4yni o} rM Hai IntSeame p'M11edb +eca:vni or 's.sisa fir.: <•nty :a
<br />Iha.eztMl w iM of luai sum eRpJnand unt1M ihr3 p' pv:S;:~.~.
<br />6-CPI}MKai1'TNtiM, l} }rWiM s• a T>tC'n!'at•,' -aaaery ra
<br />pra4ahnrT38 Gwggtale t4trctant-t.r.gNi. u.,.t p1 ..N -. IN .rte ;.. il!9. n?ale Vr
<br />ih N40fNOwItliOYt
<br />& {e14r1Mfl. 1'r~ iOr, it-:it eRMn . -p- CM1'th5 r=i
<br />c }Sp MSW !tipaf}yttpbg ry4apA. ty ~ t ;.` r'i-
<br />h _ i ~ 5,.. ra
<br />?.aaa!Y.!}!y x+yie~V -~ asi#'O . .. , . _
<br />Ju
<br />1N14iMi +"d ,. d _
<br />asst ,rawarvrt „
<br />4YTM"4ky ' - '4e-/, ryats
<br />!rani p.}r.y to=n:xrW rhr..ta _,. . .ter.. a ~a e. a a....r ..e
<br />rosptlchve pomas. An mwrance pabcias mamteinea pureuam tc mis trust Deoq
<br />malt ,amo Trustee antl t3enehuary as maur¢ds. as }nail rospeetive interests may
<br />apxar, and nrovidt roar mare sna1: De no cancegapon cr moeuecetian witnoat
<br />ti}IeCn days Vrror wrdten neiilrcdtion la Trustee and Beneficiary. in }ne avant any
<br />policy nereunilor Is not enewaq On or be1O1e tlltean days priOl 10 Ire ezpirdilon
<br />dale. Trustee or Beneficiary may procure wen Insurance and the coal therepr shall
<br />Do adtlrttl Ia Iha YOan secured Dy finis Teusl Dried and shell Uear interest at fort
<br />?roster 01 F!re intoreat rasa specified lrterein or the hiyneal mttresl rate aulbwiZed
<br />Dy the laws OI lne Stale of Nebraska. Trustw Pnail tlelrver to B¢nBliwery the onginel
<br />COIOIea Vf insurance and renewals tnereo} or memo Copies of augn pwlclea antl
<br />enewals thorooi. Falluro tO turnisn insurance by Trustw, w renewals a9 requered
<br />n¢reunder snap. at rho option al 8anellciary, conslitui6 a deiwn. Ali unearnetl
<br />peemiums era Hereby assigneq to Trustee as atlditfonal security and a Bela anp
<br />veyancy OI too Procerty by the Trustao snail operate lv con•oy to Iha purcnaeer
<br />the Trusioi s interest in and lp all policies of insurence upon the Tru51 Property.
<br />T Ttits and Appalpnlt. Trustor shall pay ail ldz¢b and 3ptl[iai asse5amentb
<br />evletl er assesbod dga!nst w due open. the PruperlY ne}Ore ae!IngUency, end will
<br />d¢Hvpr 10 Benetkidry Copie3 Of raPelpf9 9hoWmg payment O/ SUCH fazes enO
<br />aPStiat aesassmenfs. If t38ne}iciary span w request, Trusivr agreee that mere shau
<br />be added 10 SaM panndic VaYment requneO to oe made h¢rwndor en amount
<br />estimated Dy Tru31o9 tO be sutflcienl t5> ynable Trustor tO pay. at least UU days
<br />CaIOrH dal:nnutnpy- alt td!p3, dssassmtlni4 or olne+ Rubric 4hargoa iga{nsl Ina -
<br />iNS1.PrOperty. the Npie seCUrtld by'niy Ttuat Deed. or upon account of Ina debtor
<br />cr Tole ?rust [hhea, ;egecnar wrch premiums }o• mwranco requlretl in ire
<br />enviltOa u er tbia Trus! Ceap anc n rest shall be payable tc Trustor in
<br />peel mereo?. upon demand py TrusteerrTmslo: snarl Amrver l0 Trusloe sucn
<br />- - -rMY '. 'ene¢aSarv 10 : ak4 up any ilepCianCy in Fria
<br />amounts, a...SSary tO &~aple TrUS,aa :O peY anY J! my foragvi.^.g !e . .
<br />c AdBitbr}ai liana. Tru "ii Va Yrt'onis ct iplMesf and princiVel antl
<br />ynie J: ,tnY atfMr Cpd+gea lea6~ a^n.:. azpartsae Oonfeaetaa [o Ue paid tU anY
<br />eng 4on MUdars cr prim benehclafraa under any Fna Tmst Uead, Mwlgape ar
<br />-t ay-_r,lttxenl, OetwelM da:O iney are deilnOUfnt and lO pay any Oihel
<br />+dut-rF,_I,aUpardil¢a ins &a~urtygranlMl Heroin. -
<br />S ProlactlM of Banetht4ry'f Stcurny. Shousa T:uabr tan to make any papment,
<br />faA ill do a%rY eci a-s nerm0 Proyiued, o. li ar.- ect:cne T.r prneaaaing ra c'nmmoncad
<br />w-mCM1 n*atenerrY attar'-l Ha/ro G h ~. - e PtppM1Y +rµ.fUding }wi 'Ut
<br />n+V'an to r r: rite, ern, : - ar peo-caod!nUa .nvolvre9 a
<br />y!,ipl i.., n.t. .l an tl+f- eti_~ar'. i i'~ wilnrwt ObligAliOn to As a
<br />ls4 rtiihE+u_ 3eM cg 1.. Gt Om~D upGr; r ^~si: ~ rvnOUt rpYaasing-T:llatpl t+om
<br />-i,Yrt -.- k C- ~ a. -y--, -
<br />-'.~Ia - r rAn#a ~ .,a .ly M t '
<br />n i+s~ i ^ of .a. P<y. t o g a.y
<br />. ,rx i,. .4b' t .. a ~ ~.
<br />~r...: U. .. ..:.n :. eas;:!. .-. prig.AeYS p9 .' a. abstilu.e
<br />.airy _,... .. t -..4! 1 'a
<br />- ..,.... ,- ~ ..x , .. i :.. . ~avr 4 am
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