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<br /> �`�����. DEED OF TRUST "�� iV��B
<br /> � :
<br /> . �.
<br /> ;,� ,.,,, ". : THIS DEED O� TRUST i� m8de this ��r,h� d8y Of �
<br /> � 1992, by and amoaq VERNON D. ROBSINS and KAY L. ROBBIN us and
<br /> , ..�, �nd wife, herein referred to as "Trustor", whoae mailing addrese
<br /> is 2516 W. Charles Street, Grand Island, NE 68801� AREND R.
<br /> �� � "'�`' BAACR, Attorney-at-Lt�w, hereinafter referred to as "Truatee" , `�"
<br /> `ti�i`'u�. .
<br /> + � :,,�; whose mailfng address ie P. O. Box 790, Grand Ieland, NE 68802=
<br /> ����'�.-t.��� ����W�. and BURTON D. McPHEETERB, hereinafter referred to as "Benefiaiary",
<br /> .;,�,,.. _ ,a ���;,= whose mailing addseas ie Rt. 2, Gothenburq, N$ 69138.
<br /> t.� _ ;;a
<br /> :�.:��.,� . ;�•,,�. Far valuable oonaideration, Truator irrevocably grants,
<br /> — f • transfers, coaveya and aasigna to Trustee, in truat, with power
<br /> � �:�,�:r of sale, for the benefit and security of Benefiaiary, under and
<br /> ���,��;��,,, aub ject to the terms and conditions of thie Deed of Trust, the
<br /> ---+�:��������.h� following-deaaribed property loaated in Hall County, Nebraska,
<br /> t��;': ...;�_;-� to-wit:
<br /> _ : �_r�.�a.
<br /> .c':'.••� �
<br /> -- � F������ � �''`�• Lot Three (3) , Commercial Industrial Park _.
<br /> —a�..:..,.2..,.., _<�,
<br /> --_-� ..,. , ;,.-= �. 8econd Subdiv3sion in the City of Grand
<br /> - " , � ieland, Hall County, Nebraska, and the East
<br /> ^� �' �''' rifty Feet (E 50') of Lot Two (2) and the
<br /> �'� � �'��� Northeaat 62.65 Feet of Lot Four (4) , Com-
<br /> ��� `� mercial Industrial Park Second Subdivision in
<br /> _,��E;�--�•�«�'�,$� the City of Grand Island, Hall County, _ ___
<br /> ,�-��` . � � � � Nebraska, together with that tract of larid
<br /> �' described ae follows: That part of Frontage
<br /> "_.-_-�, .
<br /> ��-�, . ,;, .� Road in Commercial induetrial Park Seaond
<br /> �F. Subdivieion, vacated by Ordinance Na. 6450,
<br /> -• � ,�.-_ .-.��>.- m��'R particularly described as that p8rt of
<br /> � ° Frontage Road abutting upon the East 50 Feet,
<br /> : �, or 15.240 raeters, of Lot 2 and all o� Lot 3,
<br /> �L,_ � x�: Commercial Industrial Park Sgcond Subdivision
<br /> - .:. in the City of Grand Island, provided, that
<br />_ ` � the City of Grand Island reserves a aixteen
<br /> ==� . feet wide sanitary aewer easement, the
<br /> . � • centerline of which lies parallel to and 15.4
<br /> ° feet, or 4.694 meters, North of the North
<br />_ _ " line of Lot 2 and the East prolongation of
<br /> � •� �+ : the North line of Lot 2 of said aubdivision
<br /> �^ . ���,:
<br /> � and extending frora the West line of vacated r.__
<br /> Y Frontaqe Road to the East line of vaaated
<br /> ,, �M V� --
<br /> • - �►:.:,;�.� �y Frontage Road, together with rights of
<br /> ' "� '""" inqress and egress throuqh and acrosa such
<br /> , a:
<br /> . � � .='� easement,
<br /> ;�*• -
<br /> ° � together with all buildings, improvementa, fixtures and appurte- ,�; _
<br />": ° nances located thereon or in any way pertaining thereto, and the f"
<br /> .�:.:.,�
<br /> -. • <. . rents, issues, profi�s, reversions and the remainders thereof, ���;
<br /> J ;:�•� . 3.ncluding all such personal property that is attached to the �` '
<br /> improvements so as to constitute a fixture, all of which, includ- ' �
<br /> � �`�"�`�' inq replacements and additions thereto, are hereby declared to be �
<br /> „ ., a part of the real estate conveyed in trust hereby, it being
<br /> . � agreed that all of the foregoing shall be hereinafter referred to �.,.:
<br /> "' as the "Property." �
<br /> �. � .
<br /> - FOR THE PURPOSE OF SECURING: �
<br /> . f
<br /> (a) the payment of indebtedness evidenced by '
<br /> # Trustor's note of even date herewith in �he principal
<br /> � aum of FIFTY THOUSAND AND NO/100 DOLLARS ($50,000.00) ,
<br /> � together with interest at the rate provided therein, or
<br /> the principal and interest on any future advance not to
<br /> exceed the total principal sum initially secured hereby
<br /> — as evidenced by promissory notes stating they are '
<br /> secured hereby, and any and all renewals, modifications
<br /> and extensions of such i�otes, both principal and
<br /> ' � interest on the notss being payable in accordance with
<br /> ` �� the terms set fort2i therein, which by this reference is
<br /> , ' hereby made a part hereof=
<br /> J (b) the performance of each agreement and cove-
<br /> nant of Trustor herein contained= and
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