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<br /> 7�,R�I9 OF TRII6T 'd
<br /> THI� TRUST D�ED made thie �9?� day of January, 1996, between \
<br /> F1tANCIB E. KEEI� and MARaARET A. KEEN�, Huebanci and Wife, ae
<br /> xRUSTORS, whos� addrese ie 2006 N. Custer Avenue, (3rand Ieland,
<br /> Nebraska 68803; WILLIAN! A. FRANCIS, A Member of the Nebraska 3tate
<br /> Bar Association, a�a TRUSTT;E, whoes addresa is 222 N. Cedar Street,
<br /> P. Q. Box 2280, arand Island, Nebraska 68802; and VIOI�A M. HILD,
<br /> 10].2 N. Waehington Street, Grand Ieland, Nebraeka, BENEF'ICIARY.
<br /> WITNESSETH:
<br /> That TRUSTORS herelay grant, bargain, se�l, convey axacl warrant
<br /> to TRUSTEE, IN 'PRUST, hia succeesora and aes�gn�, with power of
<br /> s�le, tlie following-described real property:
<br /> Part ot South Half (S1/2? of Lot Two (2) of L3k�
<br /> Townahip, Hall Coux�ty, Nebraeka, ae more particularly
<br /> deec�ibed on a�tached Exhi.bit "A" incoz�porated herein by
<br /> reference,
<br /> together with all buildinga, improvemants and appurtenancee
<br /> theraon. '
<br /> The TRUSTORS hereby covenant ancl agree with �he TRU3T�E and
<br /> B?�NEFICTAYtY that FRAN�IS E. KEE�E and MARG.4R�T� A. KEENE ar�
<br /> lawfully aeized and the ownere of the above-deocrib�d prop�rty; and
<br /> that they have good right and lawful aur�ioraty to qell and convey�
<br /> said pxemises and that said pxemieee are free and clear c£ all
<br /> liene and encumbrances, and further, that TRUSTARS wi11 warrant and
<br /> d�afend the title to said premise� forever againQt the claime of a11
<br /> p�re�ne whameoever.
<br /> For the purpoee of socuzing perform�nae oE each agreament of
<br /> '�'].ci38TORg herein contained and the payrner�t of TWENTY THAUSAND
<br /> C�aLLARB ($20,000.00) , the TRUSTORS have executPd a Promiesory No�e
<br /> bearing even datr�, a� the rate of interes� and on the terms and
<br /> aonditio�.s as se� forth in auch Note unti3L p�.id. The prinoipal aum
<br /> and inte�e�t ahall be payable tn accor.danco wi.th and upon the terma
<br /> and conditions of said Note of ev�n date, and in any �vent the
<br /> entire principal balanGe due hcreunder and any �tcarued interEe�
<br /> ak�all be paid on Deceml�er ].5, 2000. .All installment payments
<br /> hnreunder ehall be applled first tia tha payment of interest
<br /> computed annually on the unpaid ba l�nce, purauant to an
<br /> amortization ecYiedule, a copy of which haa been provided to each of
<br /> �L_ ��.1..� L.�....�.. ..A v�o»n��nrinr n� r��nh ri�tltY�ATt' A� AA!!}'1
<br />� a,aac �oi.�..r.co ascav....� °...o �..........."...�_ _– ----- c��...---- -- ---'-- �
<br /> in�tallment to be applied to principal. All paymQnta due hereunder
<br /> shall be paid at the residence of the BB�FI CIARY or the holder of
<br /> eaid eecurity"shall deeignaee in wri�ing.
<br /> It i.e agreed by and between C.he parties hereto that while �
<br /> title ie vested in the TRUST�E �nd until f:iling o� Notice o�
<br /> Defaul�, the TRUSTORS shall:
<br />
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