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<br /> PA' <br /> 000233 <br /> TRUSTDEED <br /> <br /> THIS TRUST DEED, made this. I6th day.of 1 EMMM <br /> be and between: <br /> (A) 011,11 M. ` M OWN El G= <br /> whether one or more, herein- <br /> after called "Trustor" whose mailing address Is. int Ann-AE 6880, <br /> and <br /> (B) rr A _ WQLE <br /> ATTORiiE7t A-,, LAW as "Trustee whose mailing <br /> address Is P_ 0__ BOX LPR un,, ur 6880:22 _ and <br /> (C) FIRM SAV11 <br /> as "Beneficiary" whose mailing address Is <br /> P, Q. BOX 1.566, .RANI) TSTA~11ia,_RE 6688. <br /> <br /> WITNESSETH: That Trustor, inconsideration of One Dollar ($1.00) and other valuable consideration receipt <br /> whereof is hereby acknowledged, greats, conveys, sells and warrants to Trustee, In trust, with power of sale, the <br /> following described property, situated in HALL County, Nebraska: <br /> <br /> THE EASTERLY TWENTY AND ONE-HALF FEET (2010 OF LOT 'rWENTY-SZX (26), <br /> ALL OF LOT TWENTY,-SEVEN (27)y AND THE WESTERLY SIX FEET (61) OF-LOT <br /> TWEE NTY--EIGH'P (28), BLOCK TItRIE (3), BLAIN ADDITION TO THE CITY OF <br /> GRAM 1SLIUM, HALL COUNTY, NEBRASKA <br /> <br /> <br /> <br /> <br /> <br /> <br /> The Intention being to convey hereby in absolute title in fee simple, including all the rights of homestead and <br /> dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the <br /> foregoing, together with said property are herein referred to as the "Property." <br /> <br /> FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained <br /> and the payment of the principal sum of EIGHT THOUSAND FIVE HUII-Dollars - <br /> - r <br /> JMU) <br /> as evidenced by a promissory note bearing ev a e I e Fates aT interest thereon which may hereafter be paid <br /> or advanced under the terms of this Trust Deed; both principal sum and Interest thereon being payable according <br /> fo terms set forth in said promissory note, reference to which Is hereby made, at the office of the Beneficiary or at <br /> such other place as the holder may designate In writing, the final payment of principal and Interest, If not sooner <br /> paid, shall be due and payable on the 16th day of ' nrrEMBEE ,19, <br /> _Trustor and Beneficiary covenant and agree as follows: <br /> t. Warranty of Trite. Tru,lor Is lawfully- seized of the Pvr"tty; It has goo..t right and rettpactive part$". All ineuranee policies molntatned pursuant to this Trust Dew <br /> lawful auttrprlty to sell and convey the Property; the Property Is free and clear rjf ail shell none Trustee and Bensficlory as Insureds, as their respective interests may <br /> IteM am ofvcumtNanCes except ilens now of record; and Truslor'milt warrant and apppn, and provide that there shah be no cancellation or modification without <br /> defend the title to he property unto the Trustee and us successors and assigns Milan days prior Written notltlcanon to Trustee and Beneficiary. In the event any <br /> forerer, against the claims of all per,,ons. Truslot, at its expense, will malnlaln and policy hereunder 'Is not renbwed on or before fifttlen days prior to its expiration <br /> preserve the tlsn of this Trust Deed ai a lien upon the Trust property subject onty to hate, Trustee or Bsxlef clavy may piocire such Insurance and the cost theract shall <br /> encumbrances existing as of the dole hereof, wilt cans% tt.'r Trust Deed, and each be added to the haft Wwod by this Trual Deed and shall bear interest at the <br /> enwndmant Or supplmrnent thereto. to be flied and recorded as a mortgage of Jim greater of the Interest rate spectfled Herein or the highest Interest rate authorized <br /> Trust Property in such manner ego m such piece, and will take such other action as by the laws of the Stale of Nbbraskc Trustor shall delhfir to Barroficlary the original <br /> In the opinion of Trustee mnsy be required by any present or future law in order to polldas of Insurance and renewals thereof or memo copies of such policies and <br /> perfect, maintain and protect the lien of this trust Deed, as the same may be from rsnerwals thereof. Failure to farntah Insurance by Trustor, or renewals as required <br /> time to time amended or supplemented. hereunder shall, of the option of. Beneficiary. Constitute a default. All urwarned <br /> pies ittma are hereby assigned to Trustee as additional security and a safe and <br /> 2. Payresed Of Principal and Interest. Trustor snail punctually pay the principal of, conveyance of the Property by the Trustee shall <br /> bpentl to convey to ire 9tircieser <br /> and Interest on, said promissory note including any advances thereto as provided the Trustoes interest in atvj to all policies of Ihsuranca uptm the Trust Property. <br /> herein on the dates and at the place and In the manner provided thereln end will <br /> punctuafly perform all agreements. conditions and provisions of silty other security 7. Taxes and AsnossmeMa. Trustor st•;id pit z1f taxes and special assessments <br /> In strumenl Iii n In connecti• s with this transaction, levied of Ass0-274 agahl*l or duo upon the property before delinquency, and will <br /> deliver to Banefictery coples of receipts showing payment of such taxes and <br /> 1 Preservation and Malrrtonanoe of Property. Trustor will not conunlt any waste special assessment. if Benanctary sell so request. Trustor agrees that there shah <br /> upon the Property and wilt, at all Times, maintain the rime In good order sod be added to each periodic payment required to be made hereunder an amount <br /> condillon end will make, from ftme to if". all repairs. renewals, rrtpe tmal^ts, estimated by Trustee to be sufficient to enable Trustor to pay, at least 30 days <br /> eddnions snd Improvements which are reasonably required to prevent waste, bet" definquemcy, all taxes, assessmants or other public charges against the <br /> hmpalrrrwnt, or Qetarlofation rf said property. No building or Improvement 'tons or Trust Property, the Not if secured by 'his Trus? Deed, or upon account of IM debt of <br /> hweafter f echrA ucron the Propetty shall be altered, rern oved of oemONWed the Item of this Tium Deed, Iogottw with premiums for Insurance required to be <br /> wttNout the prior wrmnn consent of Beneficiary. provided undo this Trust Deed and no interest shalt be payable to Truslan in <br /> Deeuge to Property, to cox of a to. or d+rsnw.tfon of, the build) respect Thereof. Upon dirmarld by Trustee, TnAlor shall deliver td Trustee such <br /> any damage mgs, addillonill SUMS of mplsrty as are necessary O mak! up any deilek" In the <br /> knp.overneois or personal property constituting part of the 1 ruat PmWty, whether arroWnls necessary, fa enahM Trustee to pay any Of the lorapoing Items. <br /> such loss to cove ad by Insurance or othervrise. Tfuslor, at its soh cost and <br /> expKies, rill promptly restote. repair. replace and refund the same as nearly as & AddlNana) I.1ans. Trustor shall make all payments of Interest and principal and <br /> PfeOicebla to Its c(Witlon Immediately prior to such damage or desprietton or with payments of any other ehar"s, tees, and,nxponrea tontrectad to be paid to any <br /> such changes " SIWS lanil as Trustor may deem approortate provided such existing Ow holders of prior barwticlarha under any prior Trust Deed, Mortgage or <br /> chrnge+ and alterations do gal materially feasen ire value and utility of such other security isorsanfanl, ttefom the dots they are delinquent and to pay any other <br /> bulldings.Improvements and personallty from that avistingJnrnrrmedtapery prior !o claim vHnlt•JehsoprdixRStheseevrtygranted heratrt. <br /> such damage or dastrntet/on. TruotM span be entitled to mliniburserrtenl from the , <br /> Trustee to the anent o1 iM net krs.nmrce procaMS+ teWed by Enrolee, put oily 10 2..Pveliocom of fsenrtick"Ye Secttirity. Should Tnfektor fall to make any payment. <br /> Mb extent of the actual sum expended undyr this pi- slot. !414110 do army all " heroin provided, Of If any action or precesd" Jib cornrmenced <br /> . which n aterlalht effects Banallderyrs nttoott in the Property, Inickidirg. but not <br /> 5 Coroerato Twstw_ If Trustor is a corm iatlrrr. It will do all Things necessary to Smitall to, eminent sbmalr h notrency. anengerrents at proceedings InvpMng a <br /> preserve ns ~Moonate existence, ngnts Auld pririlooes under the Jews of the stall of bankrupt ail deeedooL III" BSnerictory or Trustee but wo thout oNl9atloh to do so. <br /> us thcrar{rration_ sod rvhhoul notice to or densurd upon Tntslor, and without relax <br /> strip Trustor rrom <br /> C trewenee. Trustw, st rfs e< am obngstion hen Kinder, may mailis or de the carne, and may pav, purzhase. <br /> tense, w:.rt maintain wilco insures apr,Ndved contest or comprem"Is any encumbrance, charge or herb wwty In Jim Judgement of i ' <br /> tterrofrciary_ fnau.ante with reaDect to the u+nxcn+• nrnta end pwsonzA property, Htten appears to aftoci bald Pfoott"r. In exer4tweIg ,nil such pewwns the <br /> k,3n9nrut,ng Me P+arxrtr a&efosr toss try h.a. Ilghtt%no_ fnrnado, and rythwn penis Berwhriary or TMI.sls* may Incor err ItaWgfy Ord expand whatevw ampumr, <br /> unclad try standard vvtM,N*W ca.wrage n•v»•irerr.~nt, Ir, an smounr crust to at Inch x" dlsburwrion is of reasonable attorney's frees, which in their absolute <br /> %*ast cane nu,^d•ed porcer+t of if- fu+r reN+cermeni value the "f; end Insurance discretion. mny he necessary. In the event that frusta shalt 1x31 b WAture <br /> s;s+~,? x.rtn o^nr• hat Y•ds 4^1 in'Vep, ame r+t .ns Is Custorhany caned rev owners Insurance of to p" fovea. end epeUal asavesmerts or to make arty payments fit <br /> x•n. n ,spa+a,r ail n+~m+~.a, pros s.=.es and ♦s S►nefi'lary may require for its rirhtleg of uric fish hoiden or Mnefkksres. tie Benaricisry may poocure such <br /> r.. ~rnr 1•-~.n. Tr;,..'-;.• w~!t r: ,..i .p!, x,.rn r;W_h oln.~r rr,.vN•errrM+t► 14 Ek"Ieitr_la•y relay krauranq said meld Uich paymetas AN sure Incurred or expended by opmancimy <br /> rf tv i,n+. rvqurnt fr ?•,n c olnetic n py inswr:w,cr of the fnterant Of the or Trustee M. aororthnCr wPI% tie provisions of thfe Tent Deed we siscut d hereby <br />