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<br /> DEED UF TR S WY N F T R ADVAN S p
<br /> .: ��� ����
<br /> This DECD OF TRUST IS fiAaC this 30tb day of Jaae, 199�'�by and among RUSS�LL W.
<br /> RA5MUSSEN And E. JF.AN RASMUSSEN, husb��d and wife, hereinsfter referred to as "Tru�turs,"�--�
<br /> varhe�:hec one or mare, whose m�iling address is Po�t Of�ice Box 115, C�im, Nebraalw 6�24; THE STATE �
<br /> BANK OF CAIRO, a Ne6r�slui B�nkia`Corporwtion,herein�after referred to as"Trustee," whose mtiling ��
<br /> address i� Buz �42s, C�iro,ivebr�sw tiit8;ca; and '�'ii� Si..�,'fi'� an1�r��r �::r0, :. 1:Fbr..:�,r. II_�4Lr.s .
<br /> Corpontian, P��r�inuRer referred to a.s "BeneAci�ry," ��b�snse�ma�eCi� address is Bo: 42s, Cairo, Nebr�sk�
<br /> 6aE21.
<br /> For valw�ble considaation, Trustor� ertr�evoca�bly grant, trar►sf�r, convey �nd assign to Tru�ee, in tn,est,
<br />, with power of sale,f�r th�benofit and�ecurity af Heneficiuy,under and subject to U�te terms and conditiaas af
<br /> this I7eed a�Trust,the foll�wing described real property locited in HALL County,Ne�mxska:
<br /> � Lot�1'r.c+i�t(4),�31ock Tturee(3),in Third Addition to the Vellege of C�iro,Hall�iiunry,Nebruka;
<br /> together i�Y� :,�"f buildings, improvements, fixtures,streets,dr�cys, PassA����ayrs,_ee�s�a�r•l�ts, riBMs,Pnvilegea and
<br /> �►FP�1rt��'locs�ted tbereon, u�alI�ersotuj properiy cin�i�s�ta�;t�vi;,l��'s'r.ta'S�°?wi�ri'iic�i�L�i�yr E.�T::,f v::�:
<br /> bii��zl3�egs and improvements,all crops raised tiu:rean, and�iG �tvs�tbr ri�?j�t:�, ;all of v�+lii�h, including replu',a�nts
<br /> �icl additions ti�e�rdo, are haeby declered to ba��,Aet of�he real estate ccinveyod in ttust heroby, it be�ng�greed
<br /> tha4 all of the,��ragoing shall be herein��er referrtd to es�he.,",:Q�ope�ty." ������ ,
<br /> • � ,� �,
<br /> d��� ' - ,� . . FOI��l'��E�URPOSF C)F SECURI�IG: . �
<br /> - , , . , . .�•
<br /> -, a, psynxata�`of indebtedness erri�¢�r�ced by Trustors' rate of even date herewith in the principtl �un of
<br /> �32.000.00, tagether with interest a�the rate or rates provids�ther�iq and any and all renew�ls,modif'ecat�oa�,:
<br /> and exta�sion�of such note,both pXlaa�:;i�ial and interest on the note bqmg paysWe ia secordance with the te+�v.;.�;
<br /> :�i��orth theran, which by this reforcira�;e is�hsae!�;,p .mtde a part heroo�,`i►nd arry u�d �Il futune�dvu�ces a�l.;.� � -.
<br /> feadvance.g t4 Trustors herainda purs�ian3 t��ime,�nve moro promiuory�qr�s ar credit agreernents(trerein calle�,;�
<br /> _; ' "Note"); ;"�. :. ;�., :� '.. '" ,.�'� .
<br /> :,�, the pa�mer►t of'other surns adl�aia�rce�!'by Ba�eficiuy to��ro�e�t th�security of the Note; , ;
<br /> . 1,.`�c.� ihe pafortnar�ce of aII covena�tts�siid agreements ofTrt�stor aet fo�1�•haein;and '�''�'�"
<br /> _ ii. �II present and futun indebtedness and obligations of. Tcustors."����a�e6citty whdha' direc.t, �ndirax: . ,.
<br /> - absnlute or contingent u�d whether arising by note,guart�nry,•�fl�reerdraR or bthawise; ,":.a,
<br /> � " .
<br /> � ' TO lR01'EC'�'THt SECURITI'OY T�IS DEEtI�O�'TRUST,TRUSTORS HaAEBY COVtNANT AI�ID AC��:
<br /> ;, .
<br /> ., . 1. To pry whea due, the priocipul ol: �nd ttfe intonst un�thc indebtod�e.ts evidenoed by the;qale,ci�xr6ks,•kx �nd all ollKr
<br /> . sums�s pro��ided in the bw itulnunents. � . .
<br /> 2. Tniators are the otvners of the pn�¢�r�}�and liave the riaftnU<:i�c�l authority to eaecute 1his:Y�2cpd of Tmst in r�.x.�tro nhe
<br /> ��Y• '
<br /> � 3. To pry, w�hen Bue, ull wcea, sp�ial au�sments ac�d�l�ott4��1�u'�CS �inst the property, bdae.:���'+t4 s�oe���e
<br /> � . delinquent. Tru�tors shall pry�11 ta�oe��ur�assavuents pfiich ma��be'.liz���ad�apt�e�l�p:u5aaryr's i�teaat Lerda vrr u{d�si tbi�,�qf
<br /> ;� 'i'n�st or t�debt�ecvtod her�eby,w��atl�c(r:a�:;�atd w arty I�w that m�aj�bt�:tcFi�clod ini�aie6 WY�d tbe whok ur•a�Y p�rt�;t�n:rHoi
<br /> � �• �`•, ��,. , ;;•:; . ,i"�:. :
<br /> tLe Hrara�.^iAry. •� . .
<br /> '�� �1. Ta tcoep ihe i�rp��nvcnm�e���s 3ripw�iif�S�aeaRa loatod an tk�xopexty iasurod against dattw�e by fire a�d suc��glloea�r�;�ier� .
<br /> � rltie Bweficiary maS'�eQem►c•i�s�rro�a►r�.�uanp�•a�le to Ihe Beneficiary.Such it�surana polic�slr�ld oorl�ii�i a�aod�rd
<br /> 1 �s�.Y:.. r....et tt.w�I',rrerni ..Tnnfnr s�C�DtndfV ItiO�ir.IIlalOf�111 BIId fCA�ACC�IC P��Y �+7�'�C���
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<br /> that.r.rccpt for ordinary v►�car and�ar,cb�prope�ty shaU not detcriorate.
<br /> S. In ihe event the Qroperty,or any put thecoof, st�all bc takcn by'cminent domain.the Bcne6ciery is pttitlad to ooibCt�nd
<br /> reoei��e a11 compensation which may bc paid for any prope�ty t�lcc.n or tor d�msga to propraty cat tnkcn,and the&axtu.�iary shal�
<br /> appl��su�:h oompentotion.at its oplion,oither to a ratuclion of the iadeblaLxss sxvrod hcceby.or to repair ud restor�e Ihe prc�perty
<br /> so takeai.
<br /> b. '�'hc Heneticisry ma�', bu1 slull t�a�ro no obligation to.d� u�y act which Trustas h�ve agnod but failed ta do. aad Ihe
<br /> HencCkiary mh��Iso do am� act it dotms nooasary tu Praect�he lirn lxreof. Truqors�to re�y,uPan dGm�oa�.urv sums sn
<br /> e�cpendod b���he Bcnefiriap�Cor thc abm•c parpose3.and airy sum so e.��0od s1w11 be addai to the indeMalness sewred hereby u�d
<br /> b000�nc socured by �hc licn hcroof. Thc Brncficiah• sh.�ll no ircur aey IiAbility beausc of an�rthin6 it mry do a omit io do
<br /> tiercundor.
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