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81 -- i)(i2304
<br />TRUST DEED
<br />THIS TRUST DEED, made this S day of May ,
<br />I4 S1, by and between JAMES KOZEL and ELLEN KOZEL, husband
<br />wifQ.
<br />ether one or more, hereina ter called "Trustor' w ose'mailing
<br />address is 308 South Alexandriai Cairo, NE b8824
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<br />THE STATE $ANK OF CAIRO, CAIRd, P'E$RASKA as "Trrustee"
<br />r ~
<br />and r L. W GET and LINDA S. WINGET as faint tenants as
<br />$ene iciary, w et er one or more.
<br />WITNESSETH: 'ihat Trustor, in consideration of ONE DULLAR
<br />{1.00) and otY.er valuable consideration receipt whereo is
<br />ere y acknowledged, grants, conveys, sells and warrants to Trustee,
<br />in trust, with power of sale, the following described property,
<br />situated in Hall County, Nebraska:
<br />Lots Eleven {11) and Twelve (12) and the Southerly
<br />Fifty {5O) Feet of Lats C}ne {1) and Two {2) in Block
<br />Two {2), Robinson Addition to the Village of Gairo,
<br />Hall County, Nebraska
<br />{This Trust Deed is amortizro over a ~O-year period,
<br />being all due and payable in ten (lO) years..)
<br />The intention being to Canvey hereby an absolute title in fee sir2le,
<br />including alI the rights of homestead, together with all buildings,
<br />fixtures, improvements and appurtenances thereunto belonging; and
<br />all of the foregoing, together with said pr,.raerty are herein refer-
<br />red to as the "Property".
<br />~'OR THE PURPOSE O1' SECURIP.G port"ormance of each agreement
<br />and ;,ovenant of Trustor herein contained and the pa ent of the
<br />principal sort of TWENTY-THREE THOUSA~#D FTl%E HUNDRED DOLLARS
<br />X523 3) , as ev ence a promissory note eating
<br />even a~t C-Fie -rates of interest thereon which may hereafter be
<br />paid or advanced under the terms of this Trust Beed; bath prirei-
<br />pal sum and interest thereon being payable according to the terms
<br />set forth in said promissory note, reference to which is hereby
<br />made, at the home of the Beneficiary in ~Ca, ,
<br />Nebras',~.a, or at~such otter place as the holder may esd ignore in
<br />~rriting, the ;anal payment of principal and interest, if not sooner
<br />paid, shall be due and payable on the l tt ~ day of __A_pr~3_1~,
<br />-1491 Trustor has right to prepay sny principal wit ooh t penalty
<br />~ Bffi- tGl tteresL,
<br />Trustor and Beneficiary covenant and agree as follows:
<br />1, Warrant of Title. Trustor is lawfully seized of the Property;
<br />it hWaa gcio~~~ a~nc~iawfui authority to sell and convey the Pro-
<br />1telrt}+, tha Property is free and clear of all liens and encumbrances
<br />e~FeESpt liens, now of record; and Trustor will warrant a.a_ defend
<br />t title to the Property unto the Trustee and its successors and
<br />aa,signa foravt~r, against the elaisss of all persons. Trustor, at
<br />iCs& eta~pattta~', will. zizaintain and preserve the. lien of this Trust Deed
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