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<br />- �N� I Prepared By: Panora State Bank� 12Q E. Main PO Box 9; Panorn ZA 50216; SlS-755-2141 I -
<br /> _�.�� ' er 96 � I _.
<br /> -_�_•••� � TNIS D�CD Or TRUST,is�pudo qs of 12th dny of Decemb ,19 ,by
<br /> '��1 � and nmon Timoth C. Mitzel antT�Norm-a�.Tiitzel� ue an an ���Trustor'7,whoso mailing nddmos ia _
<br /> . 2107 �ik n Road Grand Island NE 68803 • Old Ragublic Natfonal Title Ineurance Co. I
<br />'.�'°�' f
<br />-�.;w,,;;� ("Trusrea'7, has mailing addres�ie At:Cn: Sauth Central Div. 7N BrentWOOd Blvd• St. Louie MO
<br /> t�rAi;roera � I 63105-3�75� _ I
<br />-='�;� I and Panora State Bank ("BeneRclnry") (
<br />=_��,� ' whoso mniUn�nddreas is PO Box 9 120 E. Main; Panore IA 502 l6
<br />-''� ' FOft VALUAI3LE CONSIDERATION,Trustor irrevocably transfera,conveya und aseigna to Truetee, IN TRUST,WITH I _
<br /> POWER Or SALC,for the benefit and security of Beneficinry undor and subJect W the isrme and conditione of tl�je Deed of'h•uat, I
<br /> I the real pro�erty located in tho City of Grand Island , County of �
<br /> -°""= j H811 'Jtute of Nebraska,end legally descriUed ae Collows(the"Proporty"): -
<br /> —'���•i� I I i.ot Thirty Eight 38), Lc Hcight� Fourth Subdiv_aion i
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<br />;�..;.,.., I TO(3ETHER WITH,all rents,easements,appurtenuncea,hereditnmente,intereats in a�ioining roads.etreete und leys, I
<br /> ``"-+�'� Improvaments and buildinge of nny kind eituuted thereon and ell personel property that may be or hereafter becomo an integral
<br />_.,z,
<br /> �'=� I part of nuch buUdings and improvements,all croPa raieed thereon,und all tivater rights.
<br />-.------— The Property snd the eatire eatttts and interest conveyed to the frueke are referred to collectively as the"1Yvat Eatate".
<br /> ! FOR THE PURP08E OF 9ECURING:
<br /> � a.Payment of{ndehtnese in the Wtal principal amount of$ 45,OOU.00 , with intereat thereon,ae evidenced by thnt
<br />----�"—' certain promisaory aote of even d¢te lthe"iJote")with a uinturi6y da4.e of_ Ju2v Q,]_�,., !447 ,
<br /> __=j�"� I oxecuted 6y Trustor,which hae been delivered and ie puyable to the order of Beneficiary,and which by thia refereace ie heteby I
<br /> I ! made a part hereof,nnd ruiy�nd ull modificationa,extenaions and renewals there�f,and
<br /> , �. pa�.�o�r .,s el� anma n�lvenced 6y Beneficiery to protect the Trust�etute, with interest thereon at the rate of �
<br /> _ i eight aud 1/?percent ( 8•50 ryo)per flnnum,and I
<br /> ' c.The performance of Truato�'e covenants and ugreewents.
<br /> :����_��� I This Deed of Truat, the Note, and nny otlier inetrument given W evidence or further aecure the paycnent nnd �
<br /> -:�::�.; � performance of nny obligation secured hereby are referned to collectively se the`Loan Instrumants".
<br /> •�. � } TO PROTECT TiiE SECURITY OF THIS DEED OF TBUST:
<br /> � I, PAYMENT UF iND�BTEDNESS.Truetor ehf,ll pay when due the principal of,and the interest on,the indebtedaese
<br /> � evidenced by the Note,charges,feea and ell other enms aa provided in the Loc�n Inatruments.
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