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<br /> � Deed ot Tru�i - , ° y ..�,
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<br /> • BANKS -,�6�„iEe..,rna.
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<br /> ' THIS DEED OF TRUST Is mado thl9 18�h.dRr a APr�.�- 11sd the "Trustor' '` ' '.'''`�-
<br /> �gn��1� gring.}._Htlahend.nt�d Wif a ___--whemer one o�rnore,(herelnaNe�oa 7; iy, _._,,_ _
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<br /> whosemallingadd�essls�99.4�1-SiII11IC-Rd•-Sh4ltQns NC 6flfl2fi----- — ;��;�'�} �
<br /> NEBRASKA NATI;Oj�AL_ASSOCx(1�'IAN. . __�—(herelnNeicalledme "nustee'),whosemaflingaddressls .^ .,:���
<br /> NORiYEST BANK _—_-.-._ __�_ _ . . - r ,��::� �n;,
<br /> �' PO Box lTbB. G�I,���._��.5�.__--. end NORWF.STpANK NF�B!# A ' �IONAL ASSOCTl�T�O�_,(herelnntte► ,_.. Y,�':.�;_.
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<br /> ., caned rno°Deneflclary��,whoso malling eddress!s ��.�4�-176.8,. �xnnd�.s�snd�--�--�-�-��---- ,�.;;,; �;
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<br /> IF THIS BOX IS CHECKED� THIS DEEO OF TRZ/ST CONSTITUIE�/1 CONSTHUCTION SECURIN AGREEMENT t1NDEATHE NEBRASKA � _
<br /> �' CONSTRUCTION LIEN ACT AND CAFAiES,ORANTS AND CONS1lTUTES A CONSTpUCTION SECUAITY lNiBREST IN THE PROPEAIY •1�:���:_��,���
<br /> t . DESCRIBEDHEREINBF.LOW. �'���'�'`n��
<br /> ��� WHEAF./� �iustor�s lndcbte�i ro Benollc�ary rn the pdnc�pn�su�n w ..SCVFN HIINL��i�;I?�F,I�L�(?�5��"1n ANA NO�L(lQ—�--°"-'- '%��1�� S;j: -�
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<br /> Doliars(S�Q���Whkh lndobtadness Is evklenced by�iustor's prorNSSary noro datod Anr��6 q���:�_�.
<br /> �' caUed fhe"Note"),pfryeble to the ordor ol Benollclnry and Aaving a matutlry ol JilAUBYY-Z-, Y
<br /> ' NOW,THEREFONE,fo►fhe purpose ol secudnp:
<br /> � (a)payment ol the Note,together wlth lntemst tfioreon,laro charges,prepaymenf poneitlea any luture edvanca�and al1 exfensions, modiflcatlons, f<
<br /> subsUtuUnns end renewals thered, ,_,�MO:,�,o,e„� a�Ivnnr.nN m nrotnct the securRy of fhk Oeed Of Trust end the peAormAnCe � � .
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<br /> . . �j� (h)pEyIllAllt d 8110IfIB►SUn19,tHB9 Or cBaryvS,�vyv�6i���. . _• .. -..-- . . .. .
<br /> � � d the covonants end agreemanta ol Uusto�whetho�or nof sof Mrth haroln, ._
<br /> '•� � (c)performence,dlscharge ol end compllence with eM9ry ferm,ca+BnanL oGllpatbn and ayroomonf d 7Yustor contelned herefn a lrtCOrparated b1 ,
<br />�i� „ r referenco or ary other securfry Instrument nt aryflme OMen ta Eocuro tho Nota end .;
<br /> , �{� (d)the repeYi►i9nt al all Othe►8ums or tuture aWences,wIM Inrorest lhoroon,whlch mry hoiutotore h��U Deen w hereelter be advanced b/Beneflcfary ro -
<br /> 3� Tiustor or Trusta's successo►ln Interoat oi tltle, �._
<br /> all of whlch!s herelnatrer coilecthrely ce�fed tho "lndebtedness'; T/usto►arevocaby pnnta and f�eneMra ro 7iustea 6a uust, WITH POWER OF SAL.E,ths ', f_
<br /> roilowmgdescnbedproperry: The Southwest Quarter (SW�) of Sc�ction 'Chirty—Orie (31), Townehi� Eleven ,;
<br /> (11) I�orth� Range Twelve (12) West of thc� 6Ch P.M.� Nnll County� N braska All o Section '�,-.
<br /> �iwi�tSx k'ive (25)� except the Weet Hc►lf of tho SauthweAt µarter (W� of SW�), Township Eleven �,
<br /> IJoxth Range Thirteen (13) Weet nnd tha Guet Half (�+�) of Section Th rty Six (36),
<br /> • �ownehip E�even (11) North� Range Thirteon (13) We�t af tne bth P.M•, Buffalo County, Nebraska �.���_
<br /> together with(1)sIl buffdings,structures,addifbns,enrerC}omants,maliticetk�ns,ropalre.roA►etementa artd�mprowments nav orhoreeher located thareon, -•
<br /> : _ (ii)e11 equlpment machlnery end pxtures(Inciudlny,wl'hout Ilmltatlon,ell Nphflnp,henNng,Nenfi►sting,cooflnp,slr condilbning, spdnkling and pfumbing ��
<br /> flxtr�rest wete►and power aystam�englnes,bo!lers,renQest arns,dishw��he�a mliro:s ensf mnnrof�,carpennp,Nmeces. W bume�,elevetas and
<br /> �.*' motas,►efd8ereeon P�ents a uNtc,communketlon aystom�dynamox transformas,olec►rlcel oqu�pmont,arorm and ac�een wlndows,doors�awnings and
<br /> -`%-:__:.,_- » ti ,w�„n�mNrxrement m ImM��nf now a hemsltor located thoroon,(1lQ e11 easements and rlghta of
<br /> ahades)now a nemarrer s�meircn;ia�bu6�fn.c.�•..e.._. _ — - - - -
<br /> Weyr epp�Rgnent thgretq(!v)sll leasohold estate,npht,tltle and Infereat a/Dusto►Irt nntl ro nU 1Basost wncnc�r rtvr ur I�er+��o%
<br /> 6XL±f:T.&^.'L.'Rl..°1C'd I^M _ ----
<br /> (fncluding,wlthout Ilmltatlon,ell cash and securiry deposlta edvence r�entals and doAosits ar paymeme o7 e etmllar nan.ns).portalning the�t�(v1 e0+ents,
<br /> �ssuo�prolita and Income theretrom(aub(oct to the dQht ol riusfa ro collecf end�ppy euch ronta Issuos,prollta and Inca��e as thoy become due snd __
<br /> payeble so long as no ewBnt oi delsuM exlsta heroundo►),(vl)eU royeRlBA minerel,arl�nd gea rlphta end p�a'�ts.waror,waf9r dghls,and water stnc.k,(vll)el! _
<br /> renement&heredltaments,prlvllegos and eppuKenances bobnglrt�,used or e+yoy�d�n connactbn therew/lh,and(v!!Q all proceeds o1 corrvers�on,�rotuntary � _� f�
<br /> or irnoluntary,ol enY o1 fhe forogoing inro cash or llquldated clalms(Jnciudlnp,w/tnauf Ilmltetbn,proceeds d lnsurertca and condemnatlon ewa►ds),ef!of
<br /> '-'r•x^ whlCh Is herelnaf�,►collecthrey calbd the"Trust prope►ry': __ _
<br /> - 7n pqpTECT�HE SECURITY OF THfS DEEO OF TRUST,TRU5R7H COVCNANFS AND AOREES AS FOILOtiYS:
<br /> � 1. Title.Trusror cansnnnts,wanents an d ag ro o s wlfh Eienet�cla ry,lts succe�aoro enu eadipna,that nuero�avns Ihe Ttust Propary fine l�om sny pdor Ilen ------- _ _
<br /> - � or oncumbn�tnce�thnt thls Deed of Trust Is and wlll remaln a vnlid and onMrooabb li�st Iwn on fho 1►usf Piope�ry.Ihat Tiusta,at fta expense,w ll f —
<br /> ` . � preserve such tltk+end wlll malntaln thls Deed d Tru�t es e!!rst and parAmotmf lion upon fho Aue�PropafY entl wlll Mrever wen&nt�nd defend the _�__ �A
<br /> � valtdiq•end p►lodry ol the lion horoo!agalnst the t(alms d ell persons and partb9 whomaoeva. ilusto�nf/t9 oxpensv,wlll cause Ws Deed ol Trust, _ _�,{
<br />''' " y and each amendment or supplemont heretq ro bo filod and rocorded ey e mortQxrje u�Iho Rust PropoKy m such munner and In such place and wlll Y°-}--�---:,.,
<br /> take such acNon as M the opinbn o►Trusfee may bo mqu(rad by eny prosont or 4dcro luw m orUor fo poAac�.malr,teln ond protvct tho Ifon of thJs Deed J { y ?i�',:
<br /> ' .:t ot TrusL a9 the samo msy bo smended or suppbmonted Irom Nma to trma Iiustor wtll meko cuc�furtha ueeuranCO a assurartcos to pttAeCf ifs Htle ro ���q,`�'`� ���zJ f�,y.
<br /> ,: � tho Trust Proporry as mtry ba roqulred by Benol'�clary.liustor horoby ro��nqulshes ail rlpht M!lo►vo�end hanw�road In end ro tho Tiust Proparty. .C���, �.�,
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<br /> 2.Paymont of Indobtoclness.husror ahan punctualy pay tho p�lnclpnl o!osd inrorost on tho Incbbro�6ross socurod horoby. �+ <:�:�'��-y ";.
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<br /> _ 3l Consnuctlon ot Impraromonts.1Yusbr shall compbto��pood end w�nrNmnnlike mannor ary bu��dmgs.m�praomonls or ropafrs ro�aring thereto whlch ....�;� ,,;,�,�,;�_
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<br /> s mey be begun on tho Tiust Properiy oi contamp�etod by tho fonn wktencod Ay fho Noto Eucurod homb,: fo pny whon duo all costs und«abillUes '. � ,.�
<br /> Incurred flroneforr�.end not ro permit any constNCtlon 1len ngalnst such nust PrtMwrry In iho awn�c;unsVuchon N bui�dirtga lmprovements or repa(rs 5>. .
<br /> - nre con�empfeted.7iustor elso agreos,enythlnp�n th�s Doad o�Tlust ro tho condery norivid��tanU:np, fe)to prom�tN comrnnnce ory such wnrk end to ';"�';.,�+�'-
<br /> � completa tho proposod Imprarements prumptty,(b)ro complero tho semo In eccordanco wirn tho pluny and spc�cd�cc+hons es epproved by Benelklery, _. • .
<br /> � (c)ro compy wlth all tho torms of s bullding loan aDreament 11 any,boMreon nustor ortd Aonelkrary. Iho torms of wh.lch are�ncaporefod he�e/n by .��,^�' -, ,
<br /> - rele�enco and mede a part horno�(d)to allow�oneficlary to Inspoct►ho ilust Propaty af eli Gmes dwuip const�uct�on,and(o)to reploco any wo�k or .
<br /> - - - - - mnter(als unsatlsfecrory to Ronoficiary wahln fiRe.an(16)days alror w�ltton notico Irom f3on�lic�ury ol such fr.ct ,� ;
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<br /> �n��:...1......n rhn firet A.:v n/HAC�I _ _ _----_ _
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<br /> • 4. Funds�Or Peyment of Charges.Sut+(act to nppfcablo Imv or to a wntton wmm�ny 6enenc�ary, �n��i�.���rt^ - :
<br /> month,or such other dato onch mor.th as mrry bo spoclGod by Bonollclary,imfd tho IndobtoUrtoss i�paid m hdl,n sum fhoro�nafror cnllod tho"Funds')
<br /> equal ro 1/12th of tho yearfy taxos and assossmonts wh]ch may attaln pnoriry ovor fhis Deod of R�af nnd pmunu ronts on ino Tiust Property,d any,plus
<br /> 1/12th of tho yeerry premlum inst�llments lor hazard issuranco,plus 1/t2th ol tho yotuty promwm�nstallmonls for mortgogo�nsurance.if arry,a!/as
<br /> roasonaby estlmatodlnitlally and Irom tlmo ro hmo try BonoGaary on tho bosis ol nssossmonts an�Y p�i�a and m.<�sorrnbb oshmato�thoroot The Funds
<br /> ShEll be held!n en institutlon,the deposlts or aCCOUnfs of�vh�Ch aro msumd or pun�rrnmed by n fudo�N w sratv nJoncy mcludlnp BenoficlAry.
<br /> = Bvnofkfary shall nppry tho Funds ro p�y said taxos,ussossmants.insu�m:co promiums anU�JroimU�on►a (�anahcu+ry sN�il not bo roqu�rod to pey
<br /> TYustor orry lntorest or oum(ngs on tho Funds.8onoticiary shul!glvo ro Tlustor,wid�out cnarpo,en nnnun!nr.co►���Imy rA tiho Funds shaving Crodi[s end
<br /> - dnbits to the Funds end the purpose for whlch ouch dobd ro tho Furtds was mndo. Tho FunUs nro p!ctlqeu us+�drGhonnl 5ocunry fo�Iho Indobtedness ,.
<br /> tho due dates o�xos,ns ossments,nsura co pram ums and grcund e�r'ts,slhall oxceadhho nmounll�cyuh�/lu pc/ry s in11����'nsso�monf arfor to
<br /> Insumnce prom(ums nnd ground ror.ts as thoy Inu tluo,such oxcoss sha11 bo,at 7lustor's apr�nn.oMm�P«�r��utry m��n�d�u frustor or croditod to Trusror
<br /> VC 12167AfI0l�1-93�t707791
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