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<br /> . � :�' � ?�, DEED OF TRUST � `
<br />_- � � �t
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<br />_ r• � ~ THIS DEED OF TRUST,made on this 28th day of January, 1998,by and among Sharon K,
<br /> ��-. ��_ -. Honsack,a sin$le person,whose mailing address is 3720'JVest State#DS,Grand Island,Nebraska �j
<br />-� � � 68801, ("Trustor"); Charles R. Maser,Ariomey at Law,whose mailing address is PO Box 639, �
<br /> y�'�<�,'•��,,; C3rand Island,Nebraska 68802,("Trustee");and the Egtate of Beulah Hayes and its successors,whase
<br />�' �� •, mailing address is 4321 Blauvelt Road,Cirand Island,Nebraska,(Beneficiaty"). ��
<br /> ,r.;}� -
<br /> �,;.::.:,;,:;:'; .
<br />� �"�� • FOR VALUABLE CONSIDERATION,Trustor irrevocably transfers,conveys,and assigns
<br />=�,, ;,.,;.�.>,, to Trustee,IN TRUST,WITH POWER OF SALE,for the benefit and security of Beneficiary, under
<br />= � � �'`� and subject to the terms and conditions of this Deed of Trust,the real property,located in the City
<br /> �= . � r ' of Grand Island,County of Hall,State of Nebraska,and legally described as follows,(the"Property")
<br /> .L.+,r
<br /> ;h L�'�t.
<br /> �, . ..
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<br />�:;`:�.;.:'� �, . Lot Eight (S), Block Fifty-Three (53 j Charles Vt�asmer's Second
<br />�`yr;4�.�,tii., Addition, an Addition ta the City of Grand Island, Hall County,
<br /> �,.p;������; lvebraska.
<br />_�..-:
<br />�=�.:'�;';`�c�ti� TOGETHER VJITH all rents,easements,appurtenances,interests in adjoining roads,streets,
<br /> '�`!�`��`�": and alleys,improvements,and buildings. -
<br />�. ,.,.
<br />�:;.�::.��,
<br /> -�"`y-'�+i�Y�. The property and the entire estate and interest conveyed to the Trustee are referred to
<br />'°-='`����m-� collectively as the"Trust Estate".
<br /> : „
<br /> �p�-w�T`-::�:�
<br />�- ' "^��'� FOR THE PURPO�E OF SECURING:
<br />���s��=-
<br />-�f--li!LT�Lfi��
<br />�:��=z'�_::�' � a. Payment of indebtedness in the total principal amount of Forty Six Thousand One
<br />���-��k,�.v-�� Hundred Twenty Five Dollars($46,125.00),at 5%percent interest,as evidenced by that certainTrust
<br /> ,��
<br />�::;:, �"��.,, Deed Note of even date(the"Note") with a maturity date of April 1, 20a8, executed b��Trustor,
<br />__i� �,,„;::`,� which has been delivered and is payable to the order of Beneficiary and which by this reference is
<br />- � hereby made a part hereof,and any and all niodifications,extensionis and renewals thereof, and _
<br />=1�„4
<br />=:�;�"-��-� b. All payments that aze required tu be advanced by the Beneficiary to protect the Trust
<br /> r.:�;.�,,,,`�,.
<br />-" ;'""" . Estate,shall bear interest at the rate of eight percent(8%)per annum.
<br /> . This Deed of'I'n�st,the Note,and any other instrument given to evidence or further secure
<br /> �,� °� the payment and performanc�of any obligation secured hereby are referred to colleatively a�the �_
<br /> � � "Loan Instruiiients". . ``
<br /> ��,
<br /> � TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br /> �
<br /> � 1. PAYMENT OF TNDEBTEPNESS. Trustor shall pay when due the principal of,ancl tl�e .
<br /> � interest on,the indebtedness evidenced by the Note,charges,fees and all other sums as provided in -
<br /> � � the Loan Instruments. �
<br /> �
<br /> - T -' - - 2. �.�. Trustor shall pay each installment of all taxes and special assessments oi every
<br /> � kind,now or hereafter levied against the Trust Estate or any part thereof,before delinquency,without I
<br /> � notice or demand,and shall provide Beneficiary with evidence of the payment of the same. Tru.sta �
<br /> shall pay all taxes and assessments which may be levied unon Beneficiary's interest herein or upon �
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