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<br /> � ;� M DEED OF TRUST WITH FUTURE ADVANCES � "��
<br /> � � .
<br /> � ��_
<br /> This DEED OF TRUST is made this 15th day of Augu�t, 1997, by and amang DOYLE G. JAN7"�I �� .;
<br /> �,5,:;� r
<br /> +f.,,� and MICHELLE L.JANTZI, husband and wife, hereinafter refened to as"Trustors," whether onc or marc,
<br /> •`' whose mailing address is 15339 West Stalley Park Road, Wood River, Nebr�slcA 68883; THE STAT� �-�
<br /> SANK OF CAIRO, a Nebraska Banking Corporatlon, hereinafter refened to as"Truatee,"whose mailing �_
<br /> " address is Hox A28, Cairo, Nebraska 68824; and THE STATE BANK OF CAIRO, a Nebr�slu Banking �
<br /> j Corporation, hereinafter refened to as "Bene�iciary," whose m�iling address is Box 428, Cairo, Nebr��{t� �.
<br /> 68824.
<br /> � For valuable consideration, Trustars irrevocably grant. transfer, convey and assign to Trustee, in tc-ust. ��-
<br /> ,� with power of sale, for the benefit and security of Beneficiary, under and subject ta the terms and conditions of _
<br /> this Deed of Trust, the following described real property located in HALL County, Nebraska:
<br /> �' A tract of land comprising a part of the North Half of the Northeast Quarter(N 1/2 NE 1/4)
<br /> � Section Twenty-Six(26),Township Eleven(l 1)North. Range Twelve(12)West of the 6th P.M.,
<br /> '� Hall County,Nebraska, said tract being more particularly described as follows: With reference to
<br /> the northeast corner of said N l l2 N� 1i4;thence running u►i a,1 assnm�d�:,arir.g af*?°Q"�'�Q"
<br /> W on the North line of said N I/2 NE 1/4 for a distance of 1228.00 feet to the actual POINT OF
<br /> !;;� BEGINNING, thence continuing N 90° 00' 00" W on the North line of said N 1/Z NE 1/4 for
<br /> 812.00 feet;thence S 00°00'00"E for 470.00 feet;thence N 90°00'00" E for 95.00 feet;thanca
<br /> S 00°00'00"E far 175.00 feet;thence N 90°00'00"E for 115.00 feet;thence S 90"00' 00" E for
<br /> 677.89 feet to a point on the south line of said N 1/2 NE 1/4;thence N 89" 58'48" E on the South
<br /> line of said N 1/2 NE 1/4 for 601.78 feet;thence N 00°00' 35" E parallel with the East 3ine of said
<br /> � N 1/Z IVE 1/4 for a distance of 1322.68 feet to the POINT OF BEGINNING, said tract containing
<br /> � 21.002 acres more or less, the Northerly 33.00 feet thereof being Hall County road right-of-way,
<br />_.�°r.��.;- �...
<br /> �-�.+�-��a�.:.
<br />->>•• ��� together with all buildings, improvements, fixtures, streets,alleys, passageways,easements,rights, privileges An
<br /> sx�f''� f�°�� appurtenances located thereon,and all personal property that may be or hereafter become an integral part of such
<br /> " �� buildings and improvements, all crops raised thereon, and all water rights, all of which, including replacements
<br /> � ��` and additions thereto, aze hereby declared to be a part of the real estate conveyed in trust hereby,it being agreed
<br /> -- • that all of the foregoing shall be hereinafter referred to as the"Property." -
<br />_ •.Z d` r
<br />�_q:,:;;��;...�� FOR THE PURPOSE OF SECURING:
<br /> _;o�:�,,. ' �
<br /> :��.� ' -,.. � A. Payment of indebtedness evidenced by Trustors' note of even date herewith in the principal surn of
<br />- $43,000.00, together with interest at the rate or rates provided therein, and any and all renewals, modifications
<br /> • and extensions of such note, both principal and interest on the note being payable in accordance with the terms
<br />_ �.� �` set forth therein, which by this reference is hereby made a part hereof; and any and all future advances and _
<br /> � ° readvances to Trustors hereunder pursuant to one ore more promissory nates or credit a�reements (herein called Y
<br /> "Note"); �:_-�-
<br /> - , iz b. the payment of other sums advanced by Beneftciary to protect the security of theNote; .��`_„-_,
<br /> _..��.
<br /> � �� c. the performance of all covenants and agreements of Trustor set forth herein;and =.�-...
<br /> . ..
<br /> � d. all present and future indebtedness and obligations of Trustors to Beneficiary whether direct, mdirect, ,
<br />- ` absolute or contingent and whether arising by note,guaranty, overdraft or otherwise;
<br /> _,—._—�
<br /> TO PROTECT THE SECURII'Y OF THIS DEED OF TRi1ST,TRUSTORS HEREBV COVENANT AND AGREE: - .
<br /> � 1. To pay�vhen duc. thc principal of, and the interest on. thc indcbtedness evidcnced by the notc, charges. fce�and all othcr
<br /> = sums as provided in thc loan instruments.
<br /> � 2. Tnistors are the owners of the property and have the right and authority to cxecute this Dced af Trust in c�espcct to the
<br /> ProPerty
<br /> 3. To pay, when due. all taxes, special assessments and all other charges agamst the propeny, before the same become
<br /> � dclinqucnt. Trustors shall pay all taxcs and assessmcnts wliich may bc lc��icd upon Bcneficiary's intcrcst hcrcin or upon this Dced o!
<br /> � ; Trust or thc debt secured hcreby. �rithout rogard to any law•that m.�p bc enacted imposing payment af thc��•hole or any part thcrcof
<br /> ; upon the Beneficiary.
<br /> . ' �
<br /> . .. .:..:�.�r� - -
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