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<br /> �T- _ T'bis DEE�U€3F TAUST is made this ls�day of 1l�tay,I997,by and among�18�Df.i)���.E�DId ,� < i
<br /> ,Y. an� � + ��a.�E��1TP,he�and�+esa�¢,h�reinaRer referred to as"Trast�ors,°whet�ter aae os mo�� # i :
<br /> ��' `� a a d r e s s i s 3 8'�t� N�r t f m ���9 1 l, Caino, Nebeaska 68824; T�E STA'd� �TK OF � � .
<br /> s w ho s e n n a�i n g �� �� .���is �G r
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<br /> A .: t f�. C�tO, a N� Ba���r���a, hereinafter referred to as"'�guste�, ma� , . _
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<br /> ">�s,�#�,�f�; �,: �oz 4�Cai��•I�r��aska.��''.�and''�S'�AT��AN%�1F CAI�O,a N�r�I�t��satiou. ,_� r ,,
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<br /> r s , �address is Boa�4?S,$.�tt�,,���- t , t�
<br /> ���3��d�,g;:�'�r c�,f�,•(_ �tSf2�IIpE���335 ��I��LIi��OS�If Vl���$ `��r � . ��a t�t�, �
<br /> n e �� t t�'' ilSi�k''s I.i C�cut.'ye,C�E'G�i �a"L�^`s."'F"�,�4b L'�Tt 3�'s.,.L��. y E� �� lc�r
<br /> $�r�. �fr, �� g'a7�3�ta'�.i�� s fi`"a, -
<br /> :.� ���` with power mf sai��the benefit aud�pf��aary,urr,�z�d sub;aez t�tix�tr:�and ca�ttions�� �� � �3 -_
<br /> .{�: ro Ioc�ted in�fALd.Co�mty,NeTar��a: ���-:;'4`-.„'"` °"-
<br /> _ this Deed of Tnsst,�te fnitowing descn'bed Yeal p PertY _ y ;:
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<br /> The Northwest�uaiter(I�IVii l�d)af Section 25,Townstrip 12 North,Range 12,West of the 6tb ! �• `
<br /> � P.N1.,Hai}County,N�braska� ��`.� ;."'_
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<br /> �.,� . - � stree pill s ys,easemetats.rights,ptiv�e8es aud ��'�,�� .
<br /> together with aU b�ildings,�Provemen�s,�xwr�s, �. �l+ ,P� art of suc6 ti'.;:�:: . �,�;
<br /> �. appurtenances locate�thereon.aad a11 personal property tbat may be or hereafter become an inte�al p
<br /> and all water ri ts aU of whicin, inctuding replacements ;f.�� �
<br /> buildings aad improvet�eats,all crops raised thereon, 8� � ���.
<br /> . and edditions thereto,.are hereby dectared to be a P o as the^pro e�e c o n v ey e t!i n u u s t h e r e b y, i t b e i n g a g r ce d � 1�,-,
<br /> thst all of the foregoing shall be hereu�aRer referred P �Y 's ;,;.. -�:;
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<br /> � a. Payment o�' indebiedness evidenced by TTUSwrs' rwte af even date herewittn in tbe principal sum af . �` _
<br /> ,`;� �60,000.00,wget�er with interest at the rate or rates provided thereiq and any and all renewals,modificatians � ^.
<br /> }: �� and extensions of such nat�,both principal and interest on the nate being Payable in accordance vvith the teccus � . �:
<br /> �'' refereace is hereb made a part �ereog and any aud aU futwe advances and ` ..�' ___
<br /> . �;;" set forth thera� c�tuch hy this Y ' � -
<br /> :�°.: r������rs hera�cd¢r pur�uacn��o oae ore more pro�issory notes or credit a�eme�s(herem called �l :��,�_
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<br /> . �,_�,�! . . . °l�tatr�`�° Bene�caary to rotect the security of the Note;
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<br /> � �,=g,,1 . . �. �p�a�other sums advanced by P t _ _
<br /> . :• i ;y c. t&e pe�f'on�nce of sU covenants a�d agreements of Tiustm�set forth herein;aad _
<br /> ' ..: .::. `. d. all present aad future indebtedr�s and obliga�ons of Trustors to Beneficiary��ether direct, iadir�ar, t• �' ._
<br /> �;�+ 'r: • < aote,b=uarantY,overdraft or otherwise; +• .. --
<br /> „��cr�i;;��, .� ; absolute or contuigeat and vv�her arisi�g by - ,.:
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<br />_ .. ,,, ,t �j TO PRO�C'1'�S�CUIIti'i'7t OL�'Bl�fi S DEED OF TRUS'�.TSi18TORS H�BEHY�VENAN'd'ANlD AGt�E: ' .. - , .
<br /> � :� al and the inte,�on.thee indrbiedness evidenoed by the aoi�ct�arges. fees aud all oWer
<br /> , l. To pay when dne,the�rinaip oL .--___ -
<br /> . , ' samy as pmvided ia the toan instmments• ` x� ii
<br /> �,.I.,`. ' Z. Tnutors are thx oameis of the property and have the right and authority to exec.vte this Deed of Tnist in respecl to the .
<br /> p�� all tax�, spe��a1�s�me�aad all other charges against the pmperty, befoie We same bacame
<br /> ` ,•; �� 3. To pay, when dne. her .
<br />- , .,,`,�'` . dPJinquent Trastars st�all paY aU taxes and a�-e'-'-•�whic4�maY be levied upon Benefia�azys interest herein or upoa iLls Deed of .
<br /> . � . ' ! Tnut or the debt seau�ed helebY withaut regard to aaY law that may be enacteA lmposing DaYmeat of the wAote or a�r part the�eaf
<br />-'� '!�� � ' ttpon tlte BeneBaary• ';'�
<br /> � ' .I 4. To keeP the 1mPra�ements now or flereaRcr located aa tbe p:openy insured ag,�inst damage by fue aad such athxr Larards as �
<br /> � ' ` u►amounts and campanies acceptable to thz Beuef ciaN.Sueh insuranoe poliry sha11 cant�in a standard . '"f��-
<br />-- � � � the BeaeficiaN maY�� maintaia aad replaoe the praperty or aAY Oatt thereo�so ,I .:..�,�;:.
<br /> �: � � ` ' mort�age clavse in favor of Benefrciary. Tn�stor shall pmmPilY�ep�r�
<br />'<<r•� •. � thaL exoeAt far ordlna*Y wear and tear.the properry sh�ll noi deterimate. ��. .
<br /> _ . . � S. In th�eveat the pmperty,or any Part thereof, sLall be taken by eminent domain.the Beneflciary is e�ltled to ooltec�and . .
<br /> a
<br /> .. . c�eaeive a11 compensation which may i�paid for a�r Pmperty t a ken or fm d a m ages to Prop e rt y no t t a k e n,and the Bene�c i a ry shall .
<br /> _ � . apply snch compensation.at its u�tion.atlier tm a reducdon of the indebtedness secured hereby.or to repair and testore the pmpe�ay
<br /> T,,;���; _ , � .i�.;� so taken. . �
<br /> :i� 6. The Beneficiary maS+,6ut sball have mc�obligatian t�.do any aca which Tn�ais Lave a�but failed t�dos �e�e � ��:
<br /> � �ve ,
<br /> • � �"��Y�Y�o do an3'act It deems n�saN to Pid.ett the licn heieof. Tr�uta�s��to ie�ey.upon dea���g�so , ,u,;•
<br /> ex�pended by the BeneficiarY for the above pue�oses.and anY sam so cxpeaded shall be added to th:in�ledne�sea�es��ry and . . ;f:`:;;.
<br /> '.5 �_, :
<br /> � . ..�'�:� heces.e seclued by the lien hereof. The��ciary sdall no incnr airy liaitility because of aa��g it may do ar cmit za�,a •'`;'sr.,,;
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