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<br /> THii D�iD OT TRtTBT i• �ad� a� oi th� dsy o! Kay, 199A, by and
<br /> b�twNn iLal► ORTf07► and NOB=RTO ORTiQ7►, wii� an u�band, ("TRUSTOR"), wh�th�r
<br />� � ���� .a o � .�+�� �� .��I; atr..t nr A T l wn 3 =
<br /> vn� vr iw�ri:�� wisaaGi ww..•aaay �..�.:�.�� 3Q. 1 t U� _j t'!!_ C__._ , ^ �
<br /> lf�bra�ka 69801 j T`�
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<br /> and ptTA1fR ]1. WRII�, a��r o! th� N�bra�ka Stat� 8ar lltsoaiation, ("?RUS7'i!").
<br /> whoN �ailinq addr��� i�r P. O. Sox Z300, Grand i�land, NRbr��lu 6Q602. �4
<br /> a�d RIC�AD W. �71II.�7 snd BtA1t2CE K. BAII.�Y, �aoh ia his an�dl h�r own riyht and \
<br /> • u tM �pouN of �ach oth�r, as joint t�nant�, ('SSNSlICYI►�+tY"�, who�• oailing
<br /> �ddr��• i�: 14x1 No�E 1►ir�L strNC, Grand i�land�, N�bra�ka 68801.�
<br /> rolt V71L0711L� CONlII0s1U►TIOM, Tru�tor irr��ocably tr�n�t�rs, con�►+y�, and
<br /> a�siQt� to T�custN, Il1 TRUBT, NITA POw=R oT S71L�, far thw bin��it and ��curity
<br /> o! 1Mn��iciary, und�r and �ubj�ct to th� t�rm� and conditfoa� ui thi� D��i of
<br /> Tru�t, tit� r�al prop�rty locat�d in kh� City of arand I�land, County of Ha1�.�
<br /> atat� oi Msbra�ka, and l�qally de�criD�d a� foliorri� (th� "Prop�rty")s
<br /> Loti �iqht �8) in Hlxk SixtNn (16) in Roll.in'o Xddition to th� City
<br /> o! araad Isluad, Hall County, N�vra�ka.
<br /> TOO�R MITH all r�nt�, �as�nt�, apgurt�na.na��, n�r�ditas�nc�, int�rw�t� in �
<br /> ` r►djoiafnq x:oad�, �trMt� and ali�y�, iwprov�wnt� and buiidinqq ot aay kind •ituat�d
<br /> - ti1�r�on at�d ali p�r�oaal prop�rty that aoay b� or �r�alt�r b�cow aa i�►t�qrai pare
<br /> �.. o! +suah buildiriqs aad iapro��ntr.
<br /> � � prop�rty and tt� �ntir� �slat� arid int�rs�t conv�yod to th� Trust�e ar�
<br /> e rif�rr�d to coll�ctiv�ly a� th� "Tru�k g�tst�".
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<br /> S'OR THi PURP03X O� SEC�/RI11G:
<br /> � a. P�yMat ot 3nd�bL�dn��■ in th� total priacipal aa�ount o! 539y900.Q0, Nith
<br /> '� i.ut�r��t tl,�r�ort, as avid�nc�d by that c�rtain Proai�sory lto�r of wvsn dat� �th�
<br /> � 'Not�') Mith a w�turity datt ot oatob�r 27, 2004, �acut�d b7f Trustor, which ha� b�n
<br /> d�liws�d and is paY�bl� to th� ord�r of B�n�liai�ry. and which by thi�l.:r�i�r�ac� i�
<br /> � h�r�by etd� a part h�rwl, and anX and all rodifica�ions, �xt�n�ion• and r�t�+ald
<br /> tA�r�ol� and.
<br /> •k
<br /> b. Pa�nt of �11 suw� advanc�9 by B�neliciary to prot�et th� Tru�t ��tat�,
<br /> ° with i�at�rs�e th�rwn ar tM rat� o! •ixt�n (161) p�rc�nt p�r annuM.
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<br /> '�� Thi� DNd ot Tru�t, !M tfoti�, and �oy oth�r in�trum�nt giv�n to �vidtnc� or
<br /> � =wcthrr Nenr� ttu pay�nt u�d pi+rtormanc� o! any obliqation ��cur�d h�r�by �r�
<br /> i�>S r�f�rrrd to coll��ctiwiy as th� "1Loan instruw�nts�.
<br /> , TO PAOTtCT TH! SECURITY O! THIS DEED O1� TRUSTs
<br /> �
<br /> " ' 1. pl►Y�tt� o! 2xbYBTEDttsss. Trustor shall pay wh�n du� th� prinaipal ot, and
<br /> '� tM inter+�t on, tM ind�btQdn��� �vid�nc�d by th� Not�, charqo�, �NS and all otl�r
<br /> . suM a� prodicl�d in th� Loan in�truwnt�.
<br /> 2. RE7►i. L4s]►re �_ Tru�tor �hall pay �ach eonth, at th� ti.m� principai and
<br /> ` intwr��t pay�nt� ar+� aad�, on�-twalltR (iJ12) of th� •�ti�t�d annual r�al •�t�t�
<br /> t itax��. �r�ficiary ahali then pay tlu� r�al •�tate tax�� b�tor� tih� •an� b�co�
<br /> "'`;� d�linqusat aisd �lull provid� Tru�tor aith �vid�nc� of paya�nt of th� r�arw. In th�
<br /> �� ewnt thR� th� r�al ��tat� t+un� �hould incr�as�, ths Trustor agr�e� to malr� an
<br /> ,';�; additional payr�nt �uffiai�nt to cov�r paya�nL of �uch taxf�. 1►t th� pr�s�nt tia�
<br /> ` syal �stat� �ax�� ar� 51,�40.Q0 or $103.33 p�r awnth.
<br /> � 3. iN3OA111iCf !►ND REPl►IRS. Trustor shall pay th� annual prsmiuu co�t for Eir�
<br /> and �xt�nd�d cov�raq� in�uranc�, in�urinq the bufldinqs con�titutinq th� txu�t
<br /> ��tat�, !or an asour►L• n4 1��� than th� r�plaau�nt va1u� of th� buildi.nQ� and �hall
<br /> providt Tru�tor wittt �via�nc� o= in�uranc� prwaiuw psyneni� .acn �:r. 6�:��a
<br /> inourana� poS.iay �hall contain a atandard aiortqaqa alauao in f:.var of eanofLciary n:�d
<br /> �hali not b� canc�labl�, ti�rninabl�, or moditiabl.� without t�n (10) day� prior
<br /> writt�n notic� tn �sa�ticiary. Tru�tor �hall proonptly r�pair, maintain and r�plac�
<br /> th� Tru�t E�tat� or a.ny part th�reo! so that, �xc�pt !or ordinary wear end t�ar, th�
<br /> Tru�t istst� �hall not d�t�rioratQ. In no ov�nt ohall th� Tru�tor comioit Ml�t! on
<br /> or to ti!►� Tsust s�tat�.
<br /> In addition to aa�ualey in�urance, Tru�tor �h�ll p+�y th� annu�l pr�ium on
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