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<br /> � t�ristis�s A. Stai seka� us ��i s t�aaa n corraa annp . .
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<br /> �tsro�t�� ��•. 2210 Clrtle D��G ��Lnd, NS 8802_•
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<br /> ��in"Tn�ilor'x�nd�����1nw+n�irr�addn��itP.O.Box1�7.WaadHiv�[�Nbrask� . -- --
<br /> � � iGR YALWIlE�0lISIC�AYIOM,in�Md�g tlr ind�bt�dn�s�ind��RifNd Iwr�in ad the trust Mniii eraat�.t1R naipt o��hid�isl�'�b1►
<br /> --- sic�bl�T�trt�ica�h�r�ts,fiarahrs.cawe�•and assi�ns ta7�ust�.IN TR11ST.Wlitt P�1N9t Of SAtE.fa th�6wrfit and
<br /> ..�- , suuril�aE�t'itiory�uMlrad i+i6 jatlm th t�t and to�Mions of this DNd of Tiust.tht nol prr�prt�rd�str�d a�foNows: . —
<br />-- Lot Sizteen (15� and the Porth Sevegteea Peet (N D7') of Lot Sevutteen (I7j,
<br /> ���- ail in 91oek One (I), Stcwart Flace Subdiv3sioa, fa. the City of Grand Is'land, • .
<br />. � Hall County, Nebras�ras.e�ccepting cestain Eracts� deeded to the City af Grand
<br /> Island aad xecorde� as Doc�ent i88-101?1S and Docuaent l88-101714. ,
<br /> i . .. ;i � _ _ . .
<br /> - AI1 of Lota Fifteen (15) 'and Seventeea .tl7),.B1ock Four (4) in College Additign : �
<br /> _ _ to tsteat Lawn in the City of Grand Islaad. HaI1 Cofutty,Nebraslca. , ,
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<br /> � �"16�� . • �,_
<br /> '�.�.` �`,':��j�;. •. . TOfiEE&1ER WITH,oll rents,prafits;royalties,income ond other 6enefits derived fira*�s the reol prd�er�y:��1�s a subkases tovering the.;. :r. r Y�
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<br /> . ;i c ���,�,s � ��y��portion tMnof: :�w or hereafter existiag or eatKed imo,aM pll riyht,t:�"+e�4'intere��#Trustor thertunder,a(I im '�
<br /> .:;j � ��r`. •'� , leres�s,ssiote or otl�claims.both'�,Uiw and in equity,which Trusta now has a may hereafter�quirt in the.reol property;all eosements. `;'`1� .�.
<br /> . �'£:;,•�;:��1di i�:•' ... �,�t�.p#.wny,t�wn�KS,hereditaneuts 4nd appur►enonces tl�eof and thereto:cll oil and qas rights and��s,water rghts and water
<br /> � ,�.
<br /> , ,54;::i'; :: '�'{``. , .
<br /> . � ,',��'�; "stack:dl ri�t,titie wid iaterest of trostor,now owcwd ar hereafter acQui�ed,in ar�to any lad lying within the e'�i�of-woy of anY sNeet or � , :.�,;f r.�.:' `° �
<br /> � ;`'�'`�tt � h�l�adjomirg tM reol properry.�and oll huitdirgs.fixtures, improvements,and appixfe�ances now a�epfter erected theroon or . : : << � �.'.sr�•�•.; ��
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<br /> � � .: �.i, • .�
<br /> � ��" '�`�� �, ' 6etorgirg tt�eto,(herein refened tm cs"tmprovemero"or"imp►ovements'7;and any and all awards mode for fhe�tokirg by tr�rssnt domain r
<br /> � . . . . a 6�r an1►Oraeedirg a purciase in i:e��:�ereof,of the whofe a eiry part of the real property. - � �. �,4� - .---- "
<br /> '. ; — Nf of th�foregoinp estate,property and interast herehy conveyed to Trustee herein coliectively�eferred ta os the"Property". E; `,. � .���.�_
<br /> n+�so�oFntusr�ausECU�E: � .
<br /> � `?r' ' � (o)1M paynNnt of indebtedness cvid4nced by Trosta's note of even date here.�!►in the principal sum of �e hundred j. �. . - , :w:.R-
<br /> �''" 120.000.0� '
<br /> � ���`�'�'�:`'i� t�renty thousand aa� �o/100------- Dnlfars (S 1. ' �,`:- :`=-
<br /> _ �a,,�.r..- • ' �
<br /> -: �,:��;?�;;':: ;-� toptther rrith ietenst at the rate a re�es Drovided tberein,(here�a,*.�sgether with onY and all re+e�s,modifications.aed extensions the�eot, �'� �
<br /> �.. :ti: ,
<br /> � reterred to as ths"Note")both prine+pol and interest an the Nose i�eing payable in acordance wifh the terms set forth therein,�eference to i� �-
<br /> � ��;�.4;
<br /> � r, which is h�r�by mode.the�nal poyment of principat artd interost,if not saoner pa�d and if no renewats,modific�'>»s a e�tensions are made. ; ' , ;r;,:_;.
<br /> � • y �no� and aay renewals or exte�sion theseof._ __ •
<br /> • due and payabb on March 1, .__.___: f :
<br /> �ry'+�'.� � .�� • . . "!`..� .
<br /> ��.:.,;;,; (b)The pertormance of eafi Qgreer,'.�n and toverant of lrustor herain contained;and i ,.:_
<br /> s;�::;:'.;;,��: (c 1 Th�poyment of nny sum or sun�s v�mor�ey with interest thereon whicl�may be hereafter poid ar advanced under the terms af this Oeed of , ,,.�_.,,:
<br /> ,: ` � .
<br /> .,,.;,.:, . � Trust. '
<br />. � .'��'s • (d)Th�payment of orry future odvances neeessary to protect the security w rnry g:��:e advance made ot fhe option of the panies;and : _ . �
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<br /> - ,;}�;y'�';�,.".;�:�. ` ; . .
<br /> •.,�,::,.;:,,,�.•,,:,,� ,.,. (s)Th�per(armance of en obliyotion Qf ony ether person nartied in this Trust Deed fa o benefeiory.
<br /> "�';` '�• �'•�'`•",'��°-�'•' TO PROTECT THE SECURIIY Of TH(S S1fE0 0i TRUST,TRUSTOR HEREBY WVENMiTS AND AGREES AS F011OWS: +
<br /> �;•�:::��:.,:r:�:�;.� .,._ ; .
<br /> �',��:;�;,: .,,,',., . 1./q�l d�FMeiNi�N M�nst.Trustor shall promptty poY when due 1he principal ai crr��rr�±ast on the indebteAness evidenceA by the ;
<br /> '.''�:��'' � Not�,and all othar charges and fe�s as providcd in the Note,ond the principat of ar�d interest c�r�r Fature�3v�ances secured by this Deed of . � .
<br /> �
<br /> t �' Trost. .
<br /> .. _ • 4,wire+�ty d ihb.�rusta is lawfully seized artd possessed o1 good and indefeosible titte und estote to tlse�l�roperty he►eby conveyed and _.
<br /> �, ;,`•`�`'_ � .� hos the riyht to gra�t and corneY the Property;the Property is free ond tkar af dt f'�ens and e7scumMancts exctpt liens dow ot recad;ortd , ,. ' '• '
<br /> � . Trustor wiU warrant and def�nd the titie to the Property against all ctaims and demands.
<br /> . • � �'° 3,Mit�a r/�w�//wq�i1M Iwi.Trusta sholl keep the P�ope►ty in gac?condition and repair and shall not commit woste or permit :
<br /> � , ,. impoirrt�rst a+r deter�atian of the�operty and shall tomply with the provisions a�ar�lease if this Oeed of Trust is on o leosehofd.No improve-
<br /> ' ; m�nf now o►MreaNer erocfed upon ths Property shall be altered, removed or demolished without the pria written consem ot Beneficiary. . _
<br /> - � Trusta sh�l camply with a11 tows,adinances,reguktions,covenants,conditions and restrictions dffe�ting the Property and not aommit,sutfer, ,
<br />� � or p�rmit any at to be done in or upon the Prope�ty in v+olatian of anY law,ordinance,regutotlan,covenont,tondition or restriction.Trustor ,
<br /> • sholt Compkte a restwe pramptly and in good workmonlike manner any imprcvement on the Property which moy be damaged or destroyed and .
<br /> � . � • p�r,wMn dw,oll cloims fa labor performed and materiots turnished fheretae and far any aiterations thereol. • .
<br /> � � • 4. tswi�n.Trusta,at its expmse,will maintain with insuras appreved by 8enaliciay,insurance with respect to the ImprovemeMS and ,
<br /> . - � personcl ptoperty,constituting the Property,against loss by f i►e,lightning,tornado,ond atfier perils ond hozords toverod by standard extended
<br /> . : cewrqN endonanNnt,in an amax►t equa)to et leost one hundred percent of the fu�l replacement vofue thereof and insurance aqainst such ,
<br /> � ; - � ofh�►haiarQs mnd in sech omounts as is customarily canied by avmers anA operdtors o}simula properties o►as Benef ieiary nwy reQuire tor its
<br /> ptote�;tion.Trusta wdl�omply with suth other requirements as BensflciarY may iram time to time request�ar 1he protection by insurance of the
<br /> iMerests af the respetfive parfies.AII insnraue poticies mointnlned pursuarit to this Oeed of Trust shall rame Trusta and Beneficiary as in-
<br /> ' ' ' sureds,as t�eir respective imerests may appear,and provide that there sfall be no canceltation ar modificatian withaut no tess than 1 S doys
<br /> _----- -- _�_- pior written notifitatiat to B�nefk;ery.In the eveat anY pnlicy hereunder is not ronewed on c��efae 15 days priar to its e�irWion date. `u - -._ —,-----.
<br /> 8�ne}'Kwry moy procure such inswcnce in acadance witb the provisions of pnrcgraph 7 hereoL Trustor shott Qetiver to�eneficiary the rniginai
<br /> '. � polieies of iaswatxs cmd renewols therent or men�o copies af stxh poticies and re�wols thereof.failure to fumish suth insurance 6y trustor,or '
<br /> � . � renewats os required hereundtr shull,at the option of Benefietary,constisute a�efault.
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