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<br /> D�ED UF TRUST WITH FU'I'URE ADVANCES
<br /> ��r ��1�
<br /> This DEED OF TIRUST is made kP,►.�s 2btb� c�aX of Jyse, 199A, a}r�nd Amarrg 1��R�OY G. AEUPE�, �
<br /> �ia��k peraoe,fweireirudler refcXred tm#s"'I'kwaRor�,"�,rhether one or tr�re,.wha�c nna�ilin�g address is P�oat OI�'�e �
<br /> ' Bbi 609. C�iro. Nebnu�W 6�?�1; '��'�,9T�T� (�.d►NK OF CA1ROa.a: P,Vcbr�'a�r,a Baalci��Carporauis+�,�
<br /> � i�ereinai�er refcrred tu es "Trust�e,"" =��h�se�rw:t�ilii��g address is B4: 4Z�, dG�iro, Tixbraa{c� 6+�l��a; and'd"A�E �
<br /> S'TATE BANK OF CA�RO, x Ne�i�ruslr�Bf�nkiu� Corpor�tioa, hcreirarfter raferred to as ""lkne6ci�ry�," `�
<br /> ��tiG�.�s�msuling addrtss is l�i��Za,C:��rn,Nebr���ci�68EZ4.
<br /> ' For valuable cons�:%a�zu��an, Tna�ors irrevc�cebly grant, transfer� ��;�;�vey uid �ssign to Tff�v:�aee, in wst,
<br /> with power yiF r.;�?,�,for the benefit a�r�l s��curity of Beneficigry, �nder and subjxt to the terms and conditi��s �f
<br /> this Deed of�71'r�r�t;the fullowing des��imid real praperty locat�;����j HALL County,Nebraska:
<br /> All o£a tract of land commencing at� po��,t 2S0 feet south of the intersaxion of the sou7�a�ine of Syrit
<br /> Street��Yith the east line. of kli�gh Street di the First�,Addition to the Town of Cairo, according to the
<br /> rrr�rt�� �I,�t thereo£ seid poi�2�o�iatersection bein��i�•feet south of tlwe southwest corner of Lot 7, in
<br /> Block 3, of the said First Ac��iiYion; thenct south in the i:ontinuc►ttion of siud c,ast line of�'�gh,Street 54
<br /> '.' feet;thence ease 1�(��feet to intersect the west line of the�lley o�'�1a�k 1 of the Fifth A.da���t�,����n rtp the�a�id
<br /> . Town of CairU,according to the rocorded plat therewf;:tl��ncr�,;�izaa°��h in said I#�:� mentio'nq;fi 1nsr��SO fe+�t;
<br /> � thence'west 140 fat to the place of begirnung, in 1'��ii:l �C�au+�ti�, N�ruskt, ,�r�t�'ithhc 2 feet`�Canveybd:by.�'.
<br /> deed r:j:carded inBook 121 ofDads,Page 453.; ANCj '��;:; .: � ., , :
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<br /> Lat CMc ilj,Block F�ur(4),First Additio�to the Village oFCeiro.,.�iell County,Nebnska
<br /> togtther with,�ll buildings,imprave�r�ents, fixtures,aireets, aU.eys, Pt�sssaSew�ys, ase�neitu,ri8hts.Privilega�►nd
<br /> appurtenances lucated thereon,and all persenal property thst may be or hereafttr be�ccome�n ime�ral put of such
<br /> buildinga wnd improvementa, all crops rusad tlxroon, and all water rights, ab of which, including cepte�s
<br /> and edditions thereto, ue..fiereby dxlered to be a put of thc ral estate comryed in trust hereby,,it baing agro�ed
<br /> th�t all of the�'Qregoir�g shall be hereinafter referred to as the"Pruperty."
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<br /> � � FOR THE PURPOSE fD�SECURING: �� '1�: .'
<br />- , ,,�. r„�
<br />_ a. Payme�n of indtbtedness evider�ced by�t'r��tara' s+ote of cvett date herewith in tbt�;�p►rt:nc�pil sum of
<br />- S2S,000.00, i�gcther with interest at the rate or rates pirbk,ic:�ad therein, t�nd tny�nd all ra�vv��;'`i�►odi�ication+
<br />- and exta�sions of suc,�note, both principal end��resi ovaa;aJt,ue�r,�ta bein$PaYabk in�ccordano�,�vith the�e�r,,�rts � �
<br /> - sct fath thaan, which,;fti+,ihis reference is i�e'r�by mtde i�'�t hex+e�r.,i;; aad ariy and aA futu�¢a;�advanas'�rid �
<br />' readvu�ces to Trustors hct�r�aondu�+r�unt to on� Qre more promiasory���4�:tea or credit agran��s(herein c,�lled
<br /> ,_.
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<br /> 1 "Note"); '
<br /> : b. the payment of ah�;s sums advanced by�e6ciuy to protect the security of tL��;:�3�te;
<br /> - s, the performan4e�,��f:n�1 covenants ar►d agr�ernrnts of Trustor set foxth hertin;and ��
<br /> ' � ��t,�;, all present arecl£v�in.��r� indebtedness and c►;tQlig�dons of Trustots to Benefici�ry whetN�r �dl��aect, indirect.
<br />'� �'i�►solute or contingtrn�tr`df wh�ther�sing by noce,�guar�nt�,averdraft or otherwise; .
<br /> rp pRp'Il'�CT'ISL S�CllRITY Op THLS DEED OF TRUS�T.�TRiJSTOItB HE�tEBY C(1'V�NMiT AND AGRE�:
<br /> � � �,..:.._a....�.. a,. .,.��.rN,d ei �.d�e;rnan o�tie i�dehteder�c cvi�t�md b�r tre�olc.ci�t�.kW��md�II othe+�
<br />-� .. ..rr �.-_ � _ . . - •
<br /> � siutls ae�nrvi�dbd in fhe laau Ic�ttumetrts-
<br /> � 2. Trnata��re tlie �rs of the {►rcperry a�d have the rig�c aud authoeity to exocu�e tlt�Dood af TrwK 9n e�oct to the
<br /> �Y.
<br /> 3. To pay, when due,all taxes, special �►s�ew��ent� �rd all dhu c6xrga sg,tinst tlie pcopexep, l�Rxrs the same beoo�ne
<br /> delinqueni. Tzustors shall pay�II ta,ees and assessmen�wtiich m�y be le��iad upor+Ae.�eficiary'Q i�tNre�t'N�ruin�x upun this Aeed oi'
<br /> Tnut or�he debt gecured hec+eby,witl�ou�re�ard to atry law thst may be eaacted'►mP�nB P�Yn�nt�o�rhe whok or+ny put Uieiool'
<br /> ��n�s�r�.
<br /> 4. To kxg the imperneme�ts�ww or herca.Rer bcatod on►I�e prq�ert�inw�od aaairut dam�e by Hre and such othu husrds os
<br /> the Beneficiuy maY►sq+�tire.in anwunts and oanpania aaoeptabk to the Bec�iciary•.Such insura�noe policy�sh�ll oontain a eund�rd
<br /> morisage cl�usc in favor of�cncficiary. Tnalor shall p*�at►pQy repi�. m�itqain a�xl repiaa the prapaty or�'put t6ereaE a
<br /> ehat.c!coepl for ordin�ty War�tau.the prqperty tlal!nol ddd'ior�te.
<br /> S. in ihc c�rnt the ptoperty or+u►y Ps�ri Iher�af: shall be udcen by cmit�N d�in,the Benelici�ry is cntiUod 10 odloct uKl
<br /> raxice all oompensation xhich may be paid for any propeeiy takrn or for tl�rtwges to property ntx talcen.�id Ihe Beneficiary s1u�1�
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