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<br /> •i Nebraske. Trustor wRrrants to Beneficiary that, except for the securlty interest created hereby, �-
<br /> � � �`� T r u s t o r a w n s g o o d t i tl e t o said collaterel and, as to said coll�teral hereafter acqufred, Trustor �-��
<br /> ' will own good titlo to said coll�teral, free and clear ot all liens, s�curi ty in t e r e s t s, e n c u m b r a n c e s �
<br /> atsoever. No flxtures or equipment (inciuding, without �,:f
<br />`'°�'�� end adverse claims of any kind wh _
<br /> � limitation,watering,irrigation and frost protection equipment and apparatus) shall be removed _
<br />---- -=�:- from said real property without the prior w�itten consent of Beneficiary,except that Trustor shall =_
<br /> . �.�:';, have the right,without such consent, to remove and dispose of free from the secudty interest
<br /> �• � hereof such fixtures and e4�aiPmaneousm with omp oeto such emoval,ep aceusuch�emoved _
<br /> provided that Trustor shall,simult n y
<br /> ;;.;�., ��� fixtures or equipment wlth replacement fixtures or equipment having a value, quality and utfiity
<br /> at least equai to the removed fixtures or equipmen� Trustor shall, at Trustors expense,
<br />,:, . � execute and deliver to Beneficiery such financing and continuatlon statements covering said
<br />- ���� co l la tets�of Beneficiary he e�n,rr ating to sa d real1estate sha�llrapply toS aid collat ra i w hether
<br /> ; �-.;::;t� ali ngh
<br /> �-�.s;: �� or not expressly referenr.ed herein. -
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<br /> TOGETHER with and including all and singular the tenements, hereditaments,
<br />`�=f�� ' appu�tenances and privileges thereunto belonging or in anywise appertaining,wheiher now or
<br /> `s��`=." . hereafter acquired, which shali include, without limiting the generality of the foregoing, the
<br /> `�:��'�Y��f foilowing:
<br />;T�,�:,
<br /> �'���' Ail of the rents, issues and proflts, including all rents, royalties, bonuses� and benefits
<br /> �;:r :
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<br /> -�L_�,�••• under eny existing or future oil,ges or mineral or other leases;all easements and � ts
<br /> of way; all rights of home�tead and homestead exemption and any surviving spouse's
<br /> -'�_�� msrite!��distributive share, and all other contingent rights in and to said premises; all
<br /> ��-=�'r�� water, water rights, whether riparian, appropriate or otherwisd a��d w'�atho= a� n�'-
<br /> =--_- = appurtenant, all ditch rights, and any shares of stcck evidencing any such water or
<br /> ditch�ight;and
<br /> -- AII of the foregoing estate, property and interest hereby conveyed to the safd Trustee is
<br /> hereinafter coilectivefy referred tn as the"Property".
<br /> TO HAVE AND TO HOLD the same unto the said Trustee,hi3 successvrs and assi�ns.
<br /> 8� forever, IN TRUST HOWEVER, and WITH FOWER OF SALE hereby expressly granted unto
<br /> the said Tnastea,his successors. and assigns for the purpose of securing:
<br /> __ (a) The payment of TrustoPs just indebtedness to Beneficiary in the principal
<br /> sum of NINETY EIGHT THOUSAND SIX HUNDRED SIXTY-EIGHTAND 10/100
<br /> Doliars($98,668.10)far money boROwed,with interest thereon,ali as evidenced
<br /> by and in strict accordance with the tem�,s of that certain promissory note,
<br /> hereinaRar called tha"Note", dated effective February 21, 1987, made payabla
<br /> to the order of Beneficiary, executed by EDWIN R. SCHMIDT and providing for
<br /> the payment of said indebtedness in installments, the Iast of which is due and
<br /> payabla MARCH 1, 2007, subject to acceleration of maturity on default in the
<br /> payment of any installment of principal or interest or in the performance of any
<br /> "-"—�"� covenant,agreement or warranty contained in the Deed of Trust;
<br />�_«�
<br />_ -=��x�r (b) The perfortnance of each agreement, covenant and warranty of Trustor
<br /> -.;;r�,:� herein contained or set forth in the Note or any agreement or instrument
<br /> ���-'r'�rt�' � executed b Tn�stor in connection with the indebtedness hereby secured;and
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<br /> covenant and wartanty of Edwin
<br /> _ � (c) The perFormance of each agreement, �
<br />_ ;,?.��,;�.,,, : R. Schmidt per the terms of that certain confirmed Chapter 12 Bankruptcy
<br /> ' amended pian of reorganization (the "Plan'� in the case of in Re: Edwin R.
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