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86- <br />THIS TRUST DEED, made this_ 6th _ -day of Fenruary 19 ^6 <br />be and between: <br />Lawrence J. Levering dba Genesis--- rearrons of `ink .ewelry <br />(A) ,whether one or more, herein- <br />after called IlTrustoe' whose mailing address is __ ' ,t _ .silo, cad , Grand Island, Ne 68801 <br />and <br />(B) The Legal t Professional Corncration of Howard Tra-: <br />as "Trustee" whose mailing <br />addresses W. Koenig, Grand Island, `�e 63`;01 and <br />(C) Northwest <br />as "Beneficiary" whose mailing address is <br />2008 N. Webb Road, Grand Island tie 68401 <br />WITNESSETH: That Trustor, inconsideration of one Dotiar ($1.00) and other valuable consideration receipt <br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the <br />following described property, situated in Hall County, Nebraska: <br />A certain part of the North Ten (10) Acres of the -vest t3alf o` the Northeast Qlrarter (tv w -':) of 'Section Tan (10), <br />in Township Eleven (11) North, lean£^. Nine (9) West of thT 6th P.M., in Hail County, Nebraska, core p articLOarly <br />described as follows: Begitming at a point on t?ue North line of the North Tan (i1J) acres of he ltiest Half of the <br />Northwest Quarter (W2 k'?) of said Section Tau (10), .hicn point is 132.0 feet_ .+lest of the Northeast comer <br />corner <br />of the North Ten (10) Acres of the West Half of the vort'relrst Ouart_er (1;•'vt;) of said Sectia en (iG) r 1 <br />thence Sough parallel to the Fast line of t'ne Ntutn Tat (10) Acres of the West Half of tree Nort. -west Quarter <br />(i< trier') of said Section Ten (10), 331.0 Feet; dience riling -vest parallel to the 'worth Line of the North Tan <br />(10) Acres of the West Half of the Nortnw�t Quartet of said Section Tat (10), 132.0 feet; thence rm-nin .ort. <br />parallel to the Fast Line of the North Tat (10) : 1cres of the -vest 9alf of the Northwest Quarter (iv 41v ) of -aid <br />Section Tan (10), 331.0 feet to a point on the North Line of the North Tat (10) Acre of the kest .aif of the <br />Northwest Ouarter of Section ien (101 nnni-ng tie*ice Fast upon and along the Nor -th line of ti' '.worth Ten <br />(10) Acres of the West Half of the NortMalest Qtx ter (k M1 °Iv) of said Section Ten (iG) 132.01 fit t te Cnal <br />point of beonning. <br />The Intention being to convey hereby In absolute title in fee simple, including all the rights of homestead and <br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the <br />foregoing, together with said property are herein referred to as the "Property." <br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained <br />and the payment of the principal sum of Teri Thousand Dollars Dollars (S 10 OD0.00 ). <br />as evidenced by a promissory note bearing even date at the rates of interest thereon which may hereafter be paid <br />or advanced under the terms of this Trust Deed; both principal sum and interest thereon being payable according <br />to terms set forth in said promissory note, reference to which is hereby made, at the office of the Beneficiary or at <br />such other place as the holder may designate in writing, the final payment of principal and interest, it not sooner <br />paid, shall be due and payable on the hr b- .day of P r, -r _,19 <br />Trustor and Beneficiary covenant and agree as follows: <br />1. Wows" M T1ew. Trilato is t*wfwly asied of dr ProfrrlY: It hall good right antl <br />lawful aw"Why to "I lad cofMy the Property: the Pt.0dritV IS free and Geer of all <br />ul .4 MWume enaae -.W I- nlw of record. silo True1or.111 weflenl ..d <br />dalaad 14 title W the PlOfwrty well Ili TruaMa fine ft SuCCeesork add -SVM <br />foretar, lgailla/ fen claww of all peltorle. Trust W. at Its aSpente, will mainlaM and <br />or. INS lien of men Trust Deed Y e Mil upon INS Trust PfoPlnY euOpct DDW to <br />enCuMbne"C" 6eNlmg as Of IM "M Meteor, will ,ue, this Tent Dead• and tech <br />WMadlnent Of Npplam.nt llleratD. to be 11-0 and fwardad M a ISOrlgaga of INS <br />Trust Property w such wl we R and M such place. am Sulu take Such what =I- Y <br />M the opMWrh at Trustee may ee rpwllee by any pra..nl or, lu1Wl Mw In paW t0 <br />perfect, munWn arts pfDMCI the hen of inn Trust Deed, ee the tarts 11tey ba from <br />Inter to tons, of endisd be ouppwn ud. <br />2. PwomeM at PtMSIW sY Mears L Ttu•tW anal- punctually bay the principal 01. <br />and InlWee/ on, sold P woffleNwit, not* including any ad,..- thW*W ae WwuMd <br />halain an the dales Wld 01 ken Pisa and M thk ~vw PrOYM.d thelsm and will <br />punctuehy pa tianl albaW"nw M. condilidM and PlatWons Of any clnw N litY <br />idew 1WU given M commilehpn with this b lift"Cl.Dn <br />3. ►resaieeBeP a" g1aMMwwe at P el wy. Trustor will not -..t any weer <br />uaorl the P•ae ssy aria will, at all Hilts. awint*m the saOr in good onset fur <br />csneffidi1.M Isla theme, 19M tMle tD IIIIte. sIt Wilils, lshewe N. rOW"Or1ai11S. <br />aedhlsrr and Mepfeeanrltle whwh are rSSsDfWWy fagWred to praMrtl waste. <br />lffIW W1I. W deterioration Of Yid property No building Or ItnpfOVkfllenl now at <br />hwwtkw OMOW uPah the PrMaly Woad be a1Mr.a. nwho.wt W esmWNtled <br />,elerlelp elaPlter arlltan Cpels.M o1 ttehellcrry. <br />e. Done" M PNPwsr- m Can of any "thage la. Or deelruclrn ot, the {wilding., <br />W,aro a wanMa wdwSAa, propeatY constituting part W the Trust properly, witak <br />auell Ian IS coww ad by errwafca or Dlhefatte. TI-10n .1 t1. able -1 and <br />aspNlee. alp prOf link, r'eetors, repair. faieeca and felwnd 14 .Wee ee needy Y <br />p1acllcabM So;; done tted ilh aesesla y pno, te such Ymegl W destruction do with <br />such OWVM 010 IIIIWat1Wte ee InO W may daaib SPIshasn te prOMad ailch <br />do"" pip Waste"Was do net ff* Wlaay Mann ml yaflaa Wig Utility Of Such <br />builder". wto "tamYM asp pW.WwtIV treat mat eslaling rmereemew greet W <br />eecaf ertwga W YeehitatWh. TIUWW Win Y -titre IO e.erabWee111We Nom "0 <br />Trustal M 1M.ateW W IM not ineufanca W W+WM rlcained OF TfuWae, 1W1 Only ID <br />the MUM of ells ee .W ewes es/anasd eineK then ""ion. <br />S caveledM Trustees. it TivoW M a corsoreuon It wou do all thing. MCMYry in <br />Weeem fen eapws" esMlWlpl, iigwe aip prwelg.s.now the Mae at No awls W <br />he W.COtpOl~. <br />6 111ewaeee. TrwtW. W he "11whw. will meiilMn, wllh I-urdil SM-ed b1 <br />6eeeftu". I.Swa aim leopecl to the Irtplsyee m and pW.Wlel Drlperl, . <br />corlelhwtNrg the Prbp.rty gains, toes by fire. I,gl,lnmp. IOrrroo. and W her wen• <br />co.Wad by Waneere .elenYed cbl'arag. -don- I, in an amount egua, to a1 <br />flat Wr - Ww pikeent W 14 1.11 MPMCenrrl, ..I- thereof, and . -Is".. <br />aawh , ewoh it- Itaswee tlq In aac•1 saws nt M AS 41, WDnW,W Ulh.d OY -We <br />and feWatdis ai ehrel- .opWnee nd se earrlKrWY -1 leauu. IM i <br />y,Drclrn Truster w1.. c ,np!y with a.Cn What tesuinfe eek Y Mnef.su, ma <br />I_ lime 1. 1- tee +tee, IW Ine pi -lei, 01 bwWenc. W Ink ."Weal .' 1- <br />respaclW p.... AI! Infulsnce pObCrf ina-m a so pursuant 1p In,. 7' 1 Deed <br />.hall h rea Trurlee am Beneficiary U .-.leaf, .s Iheir I_tiW .I.sala m.1 <br />appear, SM pronto. that there 0410 be - Gand-lmn o1 moauiutiah without <br />fifteen Wy. prior written notification to Ttualee and B.Mticrry in I4 anent ant, <br />policy "launeer, Is not retrwwd on . before Iltlean days pilot 10 ,ts a.DltW,on <br />der, Trustee Or BaMllcrry may, procuM Such insurance and the cast thereof shall <br />ce added to 14 loan aaduhad by this Trust Dead and "it beef mlarpl at the <br />gieetW of the Inteteel rate Specllyd therein w 14 highest Interest falls authorized <br />by the laws of the 51010 of Nebraska. Trusidr snail dellyar to Beneficiary the ahgrall <br />policies at Insurance end renewals thereat or nen o copies of eudn.KIMMS am <br />lsMwals thereof. Fellure to furnish Inturance by TfWIW, or r.hew.N as raou,red <br />hereunder shall, at l4 option .1 Beneficiary, con.low. • "fault. Ali uM.rMO <br />premium ate heteoy assigned to Tr-lee as additiGnef Security and a eels end <br />(pnn.Y.ne. of the Properly by the Trustee anal! operate to.- -y to the DulcnaNr <br />the Trust.'. Interest in 0.0 to all policies or Insurance upon Iha Trull PloplrtY <br />7 Team air Assasepea rM. Truflor shall pay .11 taxes Silo Stith l aseea.hiante <br />riled ...... eetl against or a- upon I4 Property before Oall.quencY, and ­l <br />d lwW to Ba -uuuY cLDles of rece,pls snowing paynrnt of such I.... and <br />f lf.- ae.ef!amen t, if BeMl,ciary shall sp request. Tluai. agreee 140 lMls mall <br />be .Coed 10 leach p.,,.O c paynlsnl -.q.n d to bit made hereunaef an .mount <br />aslinaled by True we to be sufficient to *nab[* Trusts to Day. at least 30 Cave <br />palate dalmquencn all t..es, assssarrrnls or olhe, public charges against the <br />Trull PropeflY. Ine Note secured by 'his Trust DSSO. at upon account of the Oabl o, <br />1M lien o: lhls T,unl Dead. Iog.Im, .,In pooh uml 1. insurance ,eduned 1. as <br />o,..,Wd ­oe, fill, Trust Deed and n lnler.1i straw 4 payable to Ttuslor In <br />respect 1Mrsal Upon domino by Truelee, Trustor snail awhile, to Trustee such <br />atl.banel .Wiled of m My as lice _._,.TV to mate up any dlfic,ency 'h 'he <br />auw„nla neceteer, 10 --sole T,uslee to p.y .n, o, r- r.epl:ng Item. <br />6 Ade tepast (.Meg. T,uslor shall males all paYfMnts of interest and Pf inclDa; and <br />paYrnii at any other charges. take, and aaparlYS contracted to ber Ileld I& WY <br />existing Ilan holders or pilot baraliclsr" unesr any pilot Trust Deed, Mortgage W <br />other mwlty agfearhenl, eefora 1ha date they en eeluhquern antl to say any Whe, <br />trim wW-h feopWOlaaa the Security planted Mion. <br />a fe.MCWe et geelliaiary'a SeYAy. Should Trust. tat, to thek , any pay-, <br />]ail IO alp any ..I as health provided, or It any, acllorh or Wao.edirhg Is ......cad <br />which rna1Wle11Y ellecte eenkf.cISye ,nlWtll In the Propel tnclud'ng. but not <br />lunle d la. eminent 110fhaln. InaWvencY. arfsrrganherrla Or patepapMge m.oW,ng a <br />bankrupt or Wcedial than ekh liclsry Or TruWee but wlmoul obligation 10 W ld, <br />and without notice I0. damWto upon TruWor. and without r.leaNng Trull tram <br />Sny Obligation herinlhow, they Taal or fed the Sshr. and f -Y pay. purc4M. <br />_onlett or ccenprdmlee any anC.mbrenca, cnargat or lrh. which ,n Ine Iulgen -' DI <br />u1Mr app_,. to .Levi •.id Property. in aaar.ls,np any .ucb power) Ili <br />eaMf,c,VY . trustee thq ,ncur any I,aou'l, a.0 e.penu w1: amcwnl.. <br />ncluainp ailtD.rearnent. 01 :eeacwlebls aO.chil l lee., which in Ine" et7F- -Sur <br />Oilcre(ian they be neGeeeery in ten enenl 1 -1 T,wr. Whali 0.11 1D oil <br />w.•nce or to pay I-se no spa::»i t.ee.fa»r:ls . 1c any Da,r -n <br />,nq v p:iV i »n rwbent [i+ t »M!i::,•M, 1M Bane,.::•,1 r-, .,Sawa <br />.eke ..cis .ern »ills A .,ter •.» ^stdo'lle -1 <br />-k. 'ua os." .: ,r �e,_.:e ..� ... . -• :»eC e.• tec� W tie <br />i <br />y� <br />iflt <br />a- <br />