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<br />NOTIFICATION OF USE OF TRUST DEED
<br />TO SECURE PERFORMANCE OF OBLIGATION -- --- _.,_ --
<br />The undersigned hereby acknawledges and understartrin that the document to be executed by the undersigned Is a trust deed and not a
<br />mortgage. and that the power of 6219 provided for In the Itunt deed provides substantially different righ!s and obligations to the trustor than a
<br />mortgage In the event of a default or breath of obligation
<br />Dated and oxV ted on the - -290. . __ day of . _ _ _ - _ . • _ June - t 9.., 89.. —Prior
<br />Prior
<br />I4 execution of ipfi�lgllowing Trust Deed f
<br />Michael J. Woodw
<br />Sharon L. WoorSaferat�a',�-
<br />TRUST DEED
<br />Sr t.
<br />THIS TRUST DEED. made this _ -. 29th. - day of
<br />MiahaGl_J., Woodward_ and_Sharr�al5_�.4_ Waoclward�_Huat�and 4PI KiLfe___..�_. r: `
<br />by .and
<br />2407 W. Sth Grand Island NE 683
<br />•, vtaa!atT>1e mailing address Is _.. - - - ---- _: 80- -_
<br />�)tiyrm TrUStor '); and __ _. _ Hank 81_ Trt1 Company_
<br />+xh�,%se malting address ts.._ 2008 N. Webb Road__ -- Gr"d, ,Island. NE _688
<br />ononeln'Trustee'). and _Union Bank & Trusyt Cggp4Ay 0f Grand_ Island _
<br />whose mailing address Is - 2008 - L_.Q��Sli3t GLa11d IIII$Dd. _ —�tBI_ __ .� _ _. i++arein "Benettclsry )• a
<br />FOR VALUABLE CONSIDERATION. Truster Irrevocably g rants, fsatnsters, conveys and assigns to Trustee. IN TRUST. W IT'►r(<(a'C?W ER OF SALE.
<br />forth benefit ejtkrbsecurity of @eniticiary. under and subject tothe terms and conditions of this Trust Deed, the following desca.txed real property, a
<br />located Irt ia- 11_l_� �_ �__ __ ... - _--- _ - - -... ____ — — 'C.aunty. Nebraska:
<br />Lot One Hundred Forty -Nine (149.)'and the North Sixteen (16) Feet of
<br />Lit. One- Hundred _Forty -Eiaht .(148), in Belmont Addition t* -the City of
<br />Grand Island, Hall Couniitt Ne' tiaska
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<br />TOGETHER WITH all of inefollowrng, whether now owned or nereafler acquired: rents, profits, royalties. income and other benefits derived from C;;"
<br />the teat propitifl is all leases or subleases covering the teat property of any portion thereof, all interests. estate or other claims. both in law and to l
<br />*Qulty in Ili* real property: all homestead exemptioRi which are hereby released and waived, all easements, rights -01-way, tenements.
<br />h*rodttefnents; all oil and gas rights andprotrts, water tlgAts. all right, title and Interest of Trustor. In and to any land lying within the right-of-way of
<br />any street or highway adjoining the rear property. any and all buildings. fixtures, improvements. and appurtenances now or hereafter erected
<br />thefeon of belonging tnsrelo. therein referred to as - Improvement- or' improvements i• and any and all awards made for the taking by eminent
<br />domain, or by any proceeding r• purcha.Be In lieu thereof, of the whole or any part of the real property All of the foregoing estate proporiy and
<br />intent conveyed to Trustee herein collectively referred to as the' Property'
<br />FOR THE PURPOSE OF SECURING
<br />fay The payment of indebtedness evidenced by Trustor s note or guarantee i Note I daled June 29 1 89
<br />tit the principal sumaf '�Unlilaited nt,Itary
<br />).together with interest little (ale or rater, provided thorein. and the prin(-,pa, ina itor- t-A ill, aft"
<br />future advances evidenced by promissory notes or guarantees staling they aro secured hetetir. pod iiny and all rentlrvats rnnd•ftr it 01- a -1
<br />ltxtenslolrstRer9uP. both pimctpal and interest being payable inaccordance with thoteimr, Sol ftteththRrt vn.vhrbbylht;t(ttrFf'tt• •"'71F'Ja.u!
<br />"ford ,
<br />11,j i /rw G0!ffrfrmanr0 ra OPM-11 arfIrtrlm61111 slid Covenant of Tfualat hetem contim ed. and
<br />it t 1114! 6764yr1t0Jf I Or at' y t:um C17 GGIT15 of nlorley wh:r,h may be hervallet t•,t'a t•r [1li J:rly, of) t'J Wo 9enPr.r •;It y Iho t :,r',••.. •t It t , 1 ,
<br />I• ,rrdhtf vrah et rho fall. tofivide,r .11 lite NgLn
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