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89a. 103097 <br />NOTIFICATION OF USE OF TRUST DEED <br />�+--i TO SECURE PERFORMANCE OF OBLIGATION <br />The undersigned hereby acknowledges and understands that the document to be executed by the undersigned is a trust deed and not a <br />morlgego, and that the power of $ale provided for in the trust deed provides substantially different rights and obligations to Ilia Irustor than a <br />mortgage in the event of a default or breach of obligation <br />? Dated and executed on the _ day of June- __— 19 -_ $9. - -, prior <br />° 10 execution of the following Trust Deed <br />r <br />ArM <br />Delores Schade - <br />TRUST DEED <br />THIS TRUST QEEQ, made this _ 7th_.___ day of <br />by and among ArdM1e_8t tl,. i Mores - Schade- hnraband- .antiwife ____._...:;: --- ;' <br />whose mailing address isN• Pine G�OS�_J.>91>�IIda1�lE� 6$801 <br />( herain " Trustor" .); and aian Bank 8x Trust C0RP=Y _aL Grand Tel an ._ .,: <br />whose mailing address is._ _2008_N_L Webb_ _R�c_ _._.Grand_3s_1ptlsi ;�il__�Q3 _ <br />(herein "Trustee'); and - Union Bank & Trust-Company of Grand Island <br />i whose mailing address is ._ 2008 N. Webb Road Grand Island. NE (herein "Beneficiary".). 1 <br />FOR VALUABLE CONSIDERA'y10N, Trustor irrevocably grants, transfers, conveys and �sslgnsto Trustee, INTRUST. WITH POWER OF SALE, <br />for the benefit and security of 6 e i iary, under and subject to the terms and corldlt(r5�6s fftls Trust Deed, the following described real property, <br />located in _.._ _ai� - _ - -- ' . _ t. County, Nebraska: <br />! Southerly half (SD of Lots Three (3) and Four (4), In <br />Block.. Nineteen (19)r In The Original Town, Now City of Grand <br />YOGETHER WITH all of thes4bitowing, whether now owned or hereafter acquired, rents, protds, royalties. (ncomisi and other benefits derived from <br />12t1t feat property: all teasei&e.subleases covering the ►aaf ( )roperty or any portion thereof; all interests. estate(? tothet claims, both in law and in <br />equity In the real property: all homestead exemptiprt$,ikhich are hereby released and waived; all easements, rights -of -way. tenemigros. <br />hereditanNnts; all oil and gas rights and profits, water 04111s, all right4;l4tfo and interest of Trustor. in and to any land lying within the right -of -wily of <br />any street or highway adjoining the real property; any and all tufi4j*. fixtures, improvements, and appurtenances now or hereafter erected <br />thereon or belonging thereto. (herein referred to as "Improvement" 0­1 mprovements"); and any and all awards made for the taking by eminent <br />domain, or by any proceeding or purchase to lieu thereof, of the whole or any part of the real property. An of the foregoing estate. property and <br />interest conveyed to Trustee herein collectively referred to as the -Properly' <br />FOR THE PURPOSE OF SECURING: <br />{at The payment of indebtedness evidenced by Trustor s note or guarantee ( Note 1 dated _ _ .. _jln @_ 7th_ 89 <br />in the principal sum of *Six nfne_hndned sixty six d911_4 's_ &_Z4/J0DK' - - - Du +far s <br />ts._ _.6.%6.24_ ... - _j. together with interest at the tale or fates provided the rein and the pr!nripat and inletestonany <br />future advances evtdenced by promissory notes or guarantees stating they are secured hereby. and any and all renewa!s modifications and <br />extensionslhereUt. both ritincipal and intereSlbeing payable in accordance with the terms Setforth therein, which;ly this reference 3q made a vart <br />hereof <br />'Gt Thy (?erterrnanCe Lt t�a!'h Ngrcemflnt rind r.(�•ronnnt o1 7r, +Stor her(1,n ron(,3,nr+{I and <br />r i tr,n payr'tont 4f ally °.W'l w ',ums W rnpp•(ly vrhiCh (nay tie her ^airr'r Vast G,r .l! }aft riC(`f7 by tr•r flernl :..lrr .,,,d °.•, Ntte let-," <br />„girl mi *.th intoic ;1 Pies"(" :!t (tto +Ut(i vrov.rted -it Iho ?J Iv <br />