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<br /> �' ' outstandmg and Secure0 hereby at any ane time witl not exceed the sum of 7HREE HUNDREO FlFIY-FIVE TKOUSAND TYI(O HUNDHEG D_��►RS �- �
<br /> • � {S 355 200.001. eaetusive ot interest and protectiva advances authorize�Tieimn or m e oan agreement s: provi urt er,uwt mw ,. ,_ _
<br /> " �� P�AII NOF CONS7ITUTE A COMMITMENT TO MAK&FURTHER OR A00lTIQNAL ADVAM1ICES IN ANY AMOl1MT AT ANY TIME. � ..��,.
<br /> . � 1AMETHER OR NQ7 THE TOTA�PRIhClPAL iNdEBTEDNESS ASAVE HAS BEEN AOVANCED. „ � _ , .
<br /> � � tc) Tl�e repayment in tu11 by Trustor(s1 of eu amounts advanced hy BenetSciarX at ita option,to or cn behaff of Trustorts!as protecuve advances •'� ,,
<br /> `� `' S 88,9�rop �vided n�the rtatels},loan agre mentisi.o oih��irt(s1����evrdence such advances,ptus interest on aD such advances,payable . � ,, .
<br /> :'�; '— -`�—�� (d)The paymeM in full of eny and al{at�r paa4 p�ese�st.ar t�teus.d�t os�.��'�tiahilitiwa nf T.usiorls)to BeneHciary of any nature - . -
<br /> • ` �€ w�atsaever. • .
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<br /> . � . . . 1J This T�ust Oeed will be due March 01.2018.or upoe the paymecit in full of all sums secured here6y.
<br />" . . ,i � tnutoHsl herebY wmrent9 that Trostor(s)holds tea simpie Mta to the a6ove desc+fhed proparty,that Tnrstofis)has gaod and tawful auttiorlty to __
<br /> 1 deed and eaeumber Che 8ame,thai the property is iree and ctear of aU liere and encumbrances,except encum6rances of record,and that Trustorlsl
<br /> —°?—�F� r1'�gt►tWS o 0 o=we c no tma�sreaa,°ai�nuu e sn a�r e,asr�exem on n an�a tm�ce a6�ove d1�e� t�tiy(s!also hereby waives and rel+nQuishes a�l
<br /> . � Trustods)and eeet�of tAem tcatt�s�couensnts and agrees witn BeneTiatary as tottows: .
<br /> 7.To pdy ail tians.judgments,o�oUier assessments agaiastthe property,and ta pay when due all asse55meMS,taxes,rertts,fees,or charges upon • - � ,
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<br /> � the praparcY or under atty leasa,permit,license,or pnv�Tege assigneA to Benefic�ary as add�b'orraf see�rity to thfs Trust Oeed.inctudmg those in or. �
<br /> on uhiic domain. . ��• -.-.,'
<br /> ' 1 2.�o insure and keep inaured buildings and othes imptovements inGuding fix�aes and attachments now on or hareafter ptaced an the pcaperN to :_.;
<br /> � LRe satisfactian ot$enefieiary., Such insurance wi�he appraved by and deposited wrth Benefiaiary,and endorsed with loss payabte c(ause to ��,,`
<br /> Beneficiary. Any sums so caee+ved by Beneficiary may Da used topa y for teconsWCtion cf the desb�oyed i m provements ar it rwt sn appGed may . �Ez t ;. ,
<br /> � �� � 6e ap plied,et the opUon oi Beneficiary,in paymer►t ot any inds C S�d n e s s m&ture d ar unn►a b ure d sec u r e d by t i i i s T n s t Desd. �
<br /> . 3. To keep alt buiidings,fixtures,ettacAmems,and mher ic:�,�@ment�:a,sw� on or heteafter pfaced on ttte pruperty ocCUpied and in�aod repair. ,.���,.'--,�_
<br /> � �..� maiotenanee,and eond'rtian end to neither commit nor pem* amj.,a�s.af.•traste ur anY(mP eM of the f the property. Beneficiary may • ,.;
<br /> - � enier upon theproperty to inspect ths same or to Cenorm a����:ac�isr�ed hereio ar in U�i te oan agresmelrttsl —
<br /> `- ` 0. in tlt6 evsrt Trustor(st�s to Ray sny 6ens.tudgments as�ma'�us;'�s,�ents,faes,or ehara�or mairrtain any insurance on the proDe[ty. ^'}y� - � -
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<br /> . :J�'' buiidin�s.fiutures.attaohmems,otimprovementsasprovidedP.�:afi��ri�y�="(asr►agreemarrtis?.Beneliciar'f atiLSOpUon,maymakesuchpayments _ �---
<br /> ' •r �; or pro�nde msurance,maintenanca,or repairs aAd any amaurrts�'th�fat wiU 6ecome part of the pnncipai indeDtedness secuted hetetsy.6e
<br /> �� immediately due and payra6le and hear interest at the defauit ra:�'�:�at�Stt�jnnYhe aote(s)iram the date of paymeat imtil paid.The advancemertt by � �=`
<br /> • Beneficiary of arry sucfi amounts v�81 in no mannei limrt the d�3.r���t��(�13�r to deciare Tnutor(ui in defa�ilt ot exercise erry of Beneficiary's othet •
<br /> � • c. rights and remadies. '" `. � _
<br /> � � b. t�t�a event 6enaficiary is a party to any liugation altectmg trs�r��or the lien of this Trust Oeed,inctud'ing am�action by BeneficiaRr to rr ,�s�.=
<br /> � ._ _. ,_,f , enforce this tcyst�eed ar any suit in which Berreficiary is named��d�k�dset f��udipg candemnation and Dantwpicy proeeedingsT Bepefie�and _,.;..;�,,F 1''�`---
<br /> may incur expenses and aQvance paymems for abstraet tees,attor�+?is;�le�_{to the exteni altowedDy tav�i,eosts,exp�enses,aDA�SZQs
<br /> � . '"�'�'� other charges and any amowts so advaneed wil1 beeome part af t'a�Y , �`irtdebtedness secureC her3Dy;tre immediately due areS t¢dYaESe and i..•_- �F'�'�-
<br /> • �� '�. .•i hear interest at the defauit rate provided in the notefs)f�am the d��f'"��rtce urml paid. � � .
<br /> 8. Any awards maQe to Trustorts)ar their successors�y the e,,,.. +�?�mninent domain ere hereby assigned t0 BaneFs�iary:and Bane'F+ciary is = +
<br /> ,�.�� herehy aathorized to eoliect and a�D�Y�e same in payme�rc n�;�y r?airESilness,mature ar unmawreQ.secured by ti�s v�st OeeQ. . '','�
<br /> '� 7.In Ufe event Tcustor(s)defaufts m the payment wAen due ct�,-,�r��secs�red hereby tvrincipal,inte�est,advancemecr�ia.acytotectiva advancesl, � ,Q�
<br /> ' '�. � or faits to pertorm ar observe any covenartts and conditiana ec:�Me�!ha?ein in the notets?.toan agreement(s),or ei;+�;�a^!�ar irtstrumertts,or any �._'���__..
<br /> •- r �+- pro����sis brought by or egarnst 7rustar{s►under any 8an r}aws,�Bensficiary at its option,maY.�clate tha er�M indehtedness secured
<br /> '.,�'i, •" hereby,to�be immedatety dua ffi+d payabte anA the whate wil��ui;a�ast at the defauit rate as pro+nded+n the nomis)ar�Bartaficiary maY ``-1"`r��r �-
<br /> .'•.�;v�.��� '�� immed�atety authortie Trustee to exerc�se the Pawer of SalegraMed he.r,�nin��rye manner provided in the NeEraska Trust O�eds Act,or,atths optton , 1d�'
<br /> <<}r�t�,�>�+'`�- ,:. ot the BeneficiaN,ruaY toreclose the Trust Oeed in the manner pr���j law fo�the toreciasure of mort�ages on real property,including the ,� :�,
<br /> � . • [ appoirrtment of a Reca�ver upon ex parts ap plication,notiCe 6eing heic�s*2tpressry.waived,whhout regarri to the va�:a of the propeRy ar the }�:��-
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<br /> ;; Suff,aieeUy thereof w dfs e the�ndebte dness secured herepV or m e.Coan a�eementfs). Detay by Beneficiary�s'�cising its rigMs u p on __
<br /> defautt wi11 not 6e cansuGS3�a waiveT thereat and an1r act of 8enefici ci7 waiving any&Recified defautt w71 rtot QB CG:ts[rr.xd as a waiver of any : f}< -
<br /> . ti� � ° •:SULUte detafulL 11 ih0 prolt�S tmder SuCh 8818 Ot foteCWSUre are insuf6�.,ias�t to pay the total indebteQnesa secured�L�rra�?Z Trustorts)do hereby ' , _��
<br /> '`� " '" ' �gree to.Ea� euonatty bound ta pay the unpaid baiance,and Baneficia xe;�i5tse enaded to a deficianey;udgatent. <� �'` � ....•;;
<br /> �<���'''iu , :'';.• , `• �..�r;iy���flciary etect to sxercise the.�awer ot Sate gr8oted hec�e�,'ru;�ficiary will notity Trustee Mr'ra�v'll iec�r�publish.and daliver to ','i�-���=
<br /> .�f��`'s,l�lu'''•� • �" �rt.:stae,'sr:sud�s J�Jo6ce ot Detautt and IVoatrv a'.Sa:e es then requ�red 4*Fa.st ar.d wilt in the manner prov�cdi+• �w;sei�the pmDerty.��119 time - �
<br /> Pt�y�t,t;;,:;}� , • '-,end p�eee et�7a faced in the Notice of Sa'a:a4��e{es a whole or tn sep��i�ts�.Darceta,or items and in s%s'G;a�er as ttusiza wiil deer^�d�ertt �• m�,,,�;,._
<br /> ,,..t}. y, Any porsqtl�3y bid at ffie sale inciudm��7u�tc�.,$),Tre�s�e:or Ben e�r�;`.; ' ,,. _
<br /> '� 8, Trustorts)hereby requests a copy o��n+f:4!IosH:e 4�'��t ar i�i7pe.i`Safe heteunder to he mai(e�8y e�rtifis��er.�3 Lo TNSS'?a�r�l'at the
<br /> � `• acldresstes)set forth herein. �� • � —�—
<br /> -� - - 10.Upon Qetavit,Beneficiary,either in per,�p�t;.by ag9a�,F�,s 9 or wiihout brinaing amr actian or Droceeding and with nr fm37`•la'*rt regard tothe vatue �m
<br /> • ot the praporty or the aufticiency thecaof ta:�Ss:lsar9e thb iadebtedness aecuradhereby,is suthori�ed and entitleQ w enw�v;on and mke pussession .
<br /> � of the propecty in ics own name or in tha Rar.�n+�f the Truatee and do any,ecta or expead any suma it deema necessary or desirable to protect or ',��• °
<br /> ' . ,���1: •••- presenre the vatu0 0!the property.or eny ir�r�!+est tfiecein,or increase me�ncome therefrom•and wtth or wtthout taking possession oi the property , � —_-.-
<br /> �s authorized to sae tor or otherw+se colleCt rite rente,issues,crops,profits,and income thereot,inciuding thase Pasc due and unpaid,and appty ;�•,;• ""'
<br /> the same upon any inEebtedness secured hereby ar in the Ioan agreement�s►. ' ��'
<br /> No remedy herein conferredup oa or raserved to Trustee or Berteficiary is intended to be extlusive ot any other remedy herein or Ey law provided _
<br /> ,,.,. � or permitted,but each wi1!�a ti.m�ulatrve,witl be In addiUOnto avery othet remeQy giveo hereundet or now or Aereaftet existing at law or In equity . =--
<br /> •� , or by statute,and may 6a.e�`:"sed concurrerttlY,indepenQenUy or succassivaiy. • �'—_
<br /> � • 11. Tn�.stortsl aCknowla�gt,s,�iat the duties and obligatlons of Trustee will ba Qetermined solety by the express provisians of this T�ust Deed or :
<br /> • ' the Nebraskp Trust Qeeds c+k:t and Trustee will not be liabta e�cept for the.�Qrtortnance of auch duUea end o�ltgauons as are specifiaalIy set fortb .
<br /> ;�;:y��,,;,!..; therein,an��me imnlied�pvenante or obligations will be imposed u0on.fi"�:fi'�:Tro�tee will not be tiable tor any actton by tt in gsad'.aN�and �
<br /> s, ,� 1 reasanabS�,'teiie�d by it tC be authorized or within the disc�aGon or R�y.,s ii;te�+ve�s conteRed upon itk�t,�ts Trust OaeQ or st3us[aria. . :` �
<br /> •` +��a�� � 12. The i��yFr:'f.y and res�cnsibiC�ty of Taswr(s)constitutes part ot�ts:c�i,eraUan for the obtiga�aars.�r.rared hereDy. Shouid Fcr�asts}setl, , ,
<br /> transter,or aunvey the prtwetty described hereln,withou[�r writtee pa��nt ot BeneTiciary.@ene.",i�i�g:mt iis opttan.may decisra t�a entlre _
<br /> • indebteQness immediatery.�xae andpayable and may prac�.4Fi� te ontoreement of ita righta as.on anyrp�hq:;L�etauiL •,
<br /> r � 13.Assignment ot Renta inc�uding ProceeQS of Mineraf L.ea.aF-.�rustorlsl hereby assigns,transters,an�1 c��is t0 Eer.cfitc:ary a0 rants,rnyaitiea, _
<br /> � bonuses,and delaY moneys ot other proceeQs that may frcqru�a�se to time became due and peyabTe under a����aS est�;'i��(sas3 or under any oil,gas, '� -�
<br /> � gravel,roek,or otner mineral(ease of any kind inetudmg goott�ermal resources now existfng or that mag ata^�9'sr c�a�Mto euistence,covering •
<br /> � •. „' .t the property or any paR thereot. All sucb eums so receZved by BeneTiciary wlil ba applied to the indeEd7axnesa�ech:r@d F.ereby;or Beneficiary,et . .�;ry.,;;sy+�-.:.-
<br /> ----�°�r:�.:. '". ' its apUon,may turn over and Qelivar to Tn�stor(s)or their successora in interest,any or ell ut such surr.��{�*^�1uC F'reludice to a�r of 8eneflclarya - - ;;: x;�;,:�y
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<br /> . , t _<� '�. rights to take and retain tuture suma,and without preJudice to any of its other dghts under this Trust C�aW� ?:iis essignment witl be construed to .�'>�,;:�--
<br /> ' � t`' be a D�ovision for the peyment or reQactlon of the Cebt,subject to the Beneficianr's option a�hereinbefc��rlrided,indQpendent of the lien on the �" • ;;�: -
<br /> .1�:� ., . , . � prope r N. Upon payment in tutl of the debt and tha reconvaYance of this Trust Ceed af record,thi9 essigrrm6M wiu become inoperative artd oi no �° �:�
<br /> - s f urther�orce and eftecG • • .
<br />-`- . ,+r �.14, This Trust Deed cort�:��s a Security Agreement with respect to atl the property�:�ed herein. • ..
<br /> � tS. Tha eovenants contah��.n ffils Truat Deed will bo deemed to Oe severebte;m ti�s!�u�c that any portiort ot this?ruac Qeed Is determined ta
<br />,j� � 1� �be void or�osntorceabte,7�..=t�determinetion wiH not affect tho vatidity ot ths remainis�r3•�;�L'ot�s ot L'.�.e T'vst Deed. �- � . .�
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<br />_ (NO(VI�UA6 BORROYV�iACKNOWLEGGltAEf�T • �,�,��. ,,�<<+ '
<br /> = • STATE OF NESRASIiPI 1 �'i'���+� , .
<br /> se � � . .
<br /> COU1YiY OF HALL � ��
<br />_ , ` On this 14th day ot Sentetnher .19,�.botore me,a Notery Public,personalty appoared ,
<br /> � .. : .�� Douq2as b Thompson and D3.anne L ThomPSOn, husbanc] and wife -- :
<br /> to me Rnown to ba the parson[s)nrurted in and who executed the forepaing instrumont,and seknowtedged that t�"ie�executed the seme a9
<br /> "' ,� their voNntary act and deed. � •
<br /> � j (SeA11 GENftUtNOIAflf•51�teatNeErasta �' • • , .--.—
<br /> • � � 80NAtD L.REtSER • 8eY
<br /> ;, . � Aty fqmm.EsD H�v I1.1398
<br />� • • , 4 /Typs name undei slgnatuiel
<br /> r • � { My Commissian oxpiros NoV. 11. 1998 Notary Pubtic in and tor said County and Stete .
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<br /> • Ap�1:00145133; Primory Customer�0 A:OOOA2712: GF A:86734 LogalOoc.Oate:September 14,1998 ..'
<br />' .' GCSM 5011.Trust Dead an0 A9s�gnmont ol Ronte PBge Z
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