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~ y <br />TRl3ST DEED ~~_,,._i~~~~ ~~~ <br />KNOW ALL HEN BY THESE FRESE13T5, that SMiL C. ADAA4S, a widt~er, <br />by Donna Lea Carmin, his attorney in fact, the firustor, to secu~e- <br />a promissory note bearing even date herewith far the total ptncig~l <br />sum of TEN THOUSAND AND NOJ100 DOLLARS 4510,000.00) payable tb <br />the order of MARTIN J. MONTELL, the Beneficiary, and providing <br />for payment of the entire principal balance, together With intereet- <br />~y <br />at the rate of twenty percent t2081 per annum, ninety t90) days <br />after the date of that note, does hereby grant and ~:onvey sotto <br />BRt7CE I. SMITH, the Trustee, the following described propettyt <br />Lot Eight {8f, Black Eight f8), Original Town of <br />Doniphan, Hall Cosusty, ~7ebzaska. <br />TO HAVE AND TO HOLD the same together with aI1 appurtenances, <br />in trust nevertheless, that in case of default in the payment of <br />said note ~~r any part thereof ar ints=rest thereon, ar in the <br />performance of any covenants hereinafter set forth, then the <br />'trustee shall have the power to 3+11 the above described property <br />and upon the reuuest of Fhe Benefi::iar}, ttse Trustee shall file <br />for record, :n the R~:aister ~}f :3eed's 'Jffice of Mall County, <br />Nebraska. 3 natzce of 3e€3ult, settang Earth that a breach of an <br />obligation, *or whb+~h the said l~rope:rty :gas :~anveyed as security, <br />ha.~ :scarred, and set*-i.~g fart?~ ch,s nature ;~f suds breach and the <br />Trustees eleLtsan to sell the property tc~ satisfy the obligation; <br />and after the lapse of :sat less than cane mon*_h the Trustee shall <br />give written rsotice of the tilde avid place cif sale which may be <br />between 9.00 a.m. and S:Os) g.m. at the premises, ar at the Hall <br />County Courthouse, ana particularly describing the property to be <br />sold; said notice to be published sn a newspaper of a general <br />yirculatic~n in Hall Ceu.ty, Nebraska, once a week far five con- <br />secutive weeks, the last vstblication to be at least ten dAys but <br />not swore than thirty days prior to the sale, and tits Truces shall <br />then sell said property at the time and place designated in the <br />native, in the manner-provided by law in effect at the time of <br />filir~ said notice, at public auction to the highetat bidder far <br />cash anti shall delivsr to suvh purchaser a deed to the property <br />sold, c;s>nsistent with th$ law in effect at the base. ~t of the <br />_1_ <br />