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<br />TRUST DEED
<br />THIS TRUST DEED, made this ~ 77~day of December
<br />199_, by and between Kopperam Co.L a Nebraska
<br />or,poration -
<br />whether one or more, hereinafter called "Trustor" whose mail-
<br />ing address is _1166 Woodmen Tower, Omaha, Nebraska
<br />68102
<br />Charles V. Sederstrom, Jr., Attorney-at-Law, as "Trustee",
<br />and AMERICAN SAVINGS COMPANY, a Nebraska corporation, as
<br />Beneficiary.
<br />WITNESSETH: That Trustor, in consideration of One Dollar
<br />($1.00) and other valuable consideration receipt whereof is
<br />hereby acknolwedged, grants, conveys, sells and warrants to
<br />Trustee, in trust, with power of sale, the foilawing described
<br />property, situated in Hall County, Nebraska:
<br />Lot Nine (9) in Block Two (2) in the
<br />Replat of Riverside Acres, an Addition to
<br />the City of Grand Island, Ball County,
<br />Nebraska
<br />The intention being to convey hereby an absolute title in
<br />fee simple, including all the rights of homestead and dower,
<br />together with all buildings, fixtures, improvements and ap-
<br />purtenances thereunto belonging; and all of the foregoing,
<br />together with said property are herein referred to as the
<br />"Property".
<br />FOR THE PURPOSE OF SECURING performance of each agreement
<br />and covenant. of Trustor herein contained and the payment of
<br />the principal sum of Eighteen Thousand Forty-nine &48 Dollars
<br />($ 18 049.4 } ay evidenced by a promissory note bearing
<br />date] ~Ti~~r`a~es of interest thereon which may herea€ter
<br />be paid or advanced under the terms of this Trust Deed, both
<br />principal. sum and interest thereon being payable according to
<br />-the-terms set firth in said promissory note, reference to
<br />which is hereby made, at the office of the Beneficiary in
<br />Omaha, Nebraska, or at such other place as the holder may
<br />designate in writing, the Final payment of principal and in-
<br />terest, if not sooner paid, shall be due and payable on the
<br />_~_, day of .Iannars --' 19_gl.
<br />`I'rust.or and Beneficiary covenant and agree as follows:
<br />1. Warranty of_Tit.le. Trustor is lawfully seized of the
<br />Property; it has good right and lawful authority to sell and
<br />convey the Property; the Property is free and clear of all
<br />liens and encumbrances except liens now of record; and Trustor
<br />will warrant and defend the title to the Property unto the
<br />Trustee and its successors and assigns forever, against the
<br />claims of ail persons. Trustor, at its expense, will maintain
<br />and- preserve the lien of this Trust Deed as a lien upon the
<br />Trust Property subject only to encumbrances existing as of the
<br />date hereof, will cause this Trust Deed, and each amendment
<br />or supplement thereto, to be filed and recorded as a mortgage
<br />of the Trust Property in such manner and in such place, and
<br />will take such other action as in the opinion of Trustee may
<br />be required by any present or future law in order to perfect,
<br />maintain and protect the lien of this Trust Deed, as the same
<br />may be from time to time amended ar supplemented.
<br />
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