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<br /> � __ - : . DeedofTru� ��
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<br /> . � �- TN�S D�DOF 7FtUSTb made tllls dny af cto er ,i9 ,by snd benneen R. SN00 ,
<br /> � AND BABH98A L. SNIOOR HusDastd aad Wife wheurer oae o�mare�,(herelnaRer cadad ttre`rn�stofi, � �
<br /> ' � ' . '•r��� ���9��� 1915 Santa Anita Drive Graad Island NE 68801 . � � �
<br /> .. • NORHIEST BANK ���� �TIOftA�L ASSOCIATION (hafetnat�v�aPed the"nu�wtrase merTurg ad�1s
<br /> . . � 202 q. Tihird St, Graad Islaad, I1E.andNOA�vEST&uVx �B�� NATIONAL ASSOCIATIOI3 ,�atae�
<br /> . - .. _ c�ued�ne�en�raa,y7.wnosema�,Aaomess,s �02 w��c +Ta SQ+- ,�._GranrLlslaaa, u�x ��RO, .
<br /> . . - wtn+�ss�nt:
<br />- . fF TH�80X!S CHECl�D�TNtS D�OF7Rt/SICOMS71lU1E5ACONS/AUC1lONS�t/RIJYAQREEMENT UND�TFlEA►E6RASifA �
<br /> � � COMSIRUCTlONf1ENALTANDCREATESGRANISANDCOM4nTUTESACONSlRUC7fONSEq/R11YlMEREST/NTHEPROPEI�Tf�
<br /> -- -�- '"f.� DESCRIBEO NEREINBEL09IC "
<br /> • ' €' . y/yFpFAS�Trusmr ts tndeeme ro Beneficla�Y 1n the p,inclpa►sum ol ONE IiQNDRED TEi1 THOIISAND AND NO/10^ Y
<br /> � � "�� October 16 ,�9�Z..(neret�atter
<br /> ��s i io.nno_�0�M�IndebfeNrtess Is evldeneed bY TrtutotsP►n�tl/nofa deted -
<br /> � . . . • caCed thB�Ifotel7�peY8b18 tu the arderof BerteffCfBN end heufi9 a metrufN of.�iPlil 1 ,1998 . •
<br /> _ � .: N:>�,, N01r11 Tt�iEFOR�fortfreP�P���� ��'�
<br /> - � !eJ P�oi�ie Natet,�ogetAer�vlth fitetsst Itrereo�R�(e charges�A�P�MA�+�esz enY fuNla adVances,and a0extanstonst mo�
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<br /> • � ar�s63aUons snd mrrewals theieol. ��=
<br /> . ;�,f'�,.� . : ., fbl Paymem�eUatlmrsurn�fees orcAar9est oagether wtu�hnerrsttherenn,c►dvanced to protect the secru�tY or1Ms oeedat Dustarrd Ure pedommrtce ;
<br /> • . ol th9 oarenetns eltd agreem8�7ts d�viheUJeiornot3�4�N hef8u), .
<br /> � . . {c)pertarmanaei�+cha�ge�srrd comPpance wtth e►grY temt c�sr�oDfrga�an and agr2e�nt d�oor�Uied hersln ori�rOo�ted DY ���`
<br /> : , .. rafe�vree orsny othersecwiy Irtsmrmemst enytlmel�hren b s�eme the Ka�and . �
<br /> � . � . • (�tha rPy�r,anf ofaOOU�ersums atutrrrg sdVanaa�,wlU�Interest Nereon,�maY herelotfcre hava 6een orAeraaRerOB adVenced byBercafrdmyto �,*_
<br /> "�':, Tmsnor�fi�atofssuecessorinhrterasiortlC� �-.� .
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<br />- . � � � eIl ol wAIGA 1s hBre/nefterwlleexNBly caCed tlre UtQeCtedaess:TrusA�IrrevocaDfY S�anls and uaitsfers to TiusKee�Gt f1usL NIlTH PdWEA OF SAf�th9 �,,^-
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<br /> " • Lot Z�wenty-six (26), Indianhead Subdiv�sion, in the City of Graad island, Ha11 County, !�.°.- -
<br />=� Nebraska _ .�
<br /> . . togaUier wfth(/aDbull'dlags�swcAuraR ad�itlon:t en�a►SememS r.wda7caYonst repalrA�eplacemeM�and/mprae.�naw or Aere�rlocafed tlrereon, !"-_='
<br /> .-;,--- - --- {�a�equtpmeny machbrery and fvatuas{Includbrg,w�arrt O1r�:a00�tlng.heating.venffla�coollirg,abcor:�i4on/ng sp�ir�Clq9�d pMnbtng �=`-._
<br /> ..., .;,�.^, ' ' G�te,A xrate►mid power systems�et►gJnest bol�r�ran9e�,wer.�ct'ah�vashent mlrmrs snd ma,r��Calpebn�fnmeoB.A o0 bca���f�rdnors and _.
<br />.:,,;,, ,. r..otar,�refifger�aan D►aMS a�oommunh�tlon systemst QYf►ar,iosl usnsfarmer�,ele�tcal es�rGc�alK smrm end acreen wis��ewnln9s end _
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<br />- shades)riaw art.�eafler aitaMed Ao�arDr�ftln,eny brdJdmg Impra�er.;ent or 6np�ement noH c��rloeamd tAeraon.�a�e�ments e+rd�s�1s ot . --
<br /> .��: f � '� ' cv�sFDv�t�reratalMaDleaseAaldeat�rlgh�UUeendl�olTrusd+d�aandroeDleases�wfietherrmerarRerealmre�ngorv�rl.r�r • -
<br /> . :,?; Mcrud/ng,w�tawtGmltatlan,aDcash and securi�y depostt�adVancerenm/s snA�posns orpeymerris ofa slm.'�resus�rel�Ae�alnu8 thereiA M�� �. ,
<br /> _ .. . ;r;`f�,�. i�rresti Prollts mrd lncome therslrom(a�Ject to the d�t olTruster e�coUect and eDPJYsuch remst issrre�Pr�ohts�=saome sa tAeYbecome d�ra end �;_
<br />-_ ••;'.;` peyaDf�solongas no evsnt W defsW e�dsb hara►mden M)�JJra�+.'�'tlast mhrerat ol1 and gas dgMs and prafit:�wste�waterd�rls,end wai�ratoCt�IVIn e0 �:, .
<br /> � tertemem�.he�edflamenAt P�vttegas and epP�enances Dek,r�t�used or ery�aysd!n conrrealon tlrerewith,end(afr�aU proce�eds of converslon,wtrmmry �.,.-_
<br /> , .�,�"� '�� or�mroluntary{01 enyal fhe foregotng firo casAO�llQuldamd c�.�MGvding,wRhout Gmftetlon.Proceeds of insw8nca end condemnaUon awarr/s),s0 ot �- .:.:
<br /> = ,' ,�.:'�•'' wNCAIS fte�slnaf�r o00ecAhrelyca119d the`7iust P�opertjr: , 1E.+;:
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<br /> ` " ";;' TO PRQ1ECiTHE SEC(IRITYOF 7HIS DEED OF TRUSi,TRU570R COt/ENANJS AND AQRFESAS FQLtOWS:
<br /> - ..�.:.� �. V�,' " 1. TlNa 7lustor oauaaaMat wa�nts and agrees wJth 8enefidar,�its successors snd asslgns,tlrat 4u�or annw the Dast Pro�t�ee hom a�ny pdorlfsn �_�_;_
<br />-' � � ae�rcurMrarrwl,that thls Oeed olTrtrst ls end v�lUramaln e uC'�tand er�orceaD/e fust Uen ar R4�Tn�st Praperiy4 tAat Tn�staz ert�e�yense�wlU _
<br /> ' • prasenr�such title snd wl0mel�aln thls Ceed cl Tnrst as e C::�x and pmamoimt Gen upan C.o�:�t Piuperryand wlll Porevs�►�r„v�t end defend tlre
<br /> ' . t20d�Y 8na pAaJry 01 th9llen h81e01 e98/nst ihe d91m9 ot BDpersOrrs 8ndP8N93 whOmsoeve%1iusG7d ffi!L9�e/1S0.wJpC�xrseG�Is OEed ol Ttus�
<br /> artd eacl�emendmelM asupPlement hereta�ro be hled errd reoor�ed as ar.rs��ge of the Dust ProAs�N/n such mamre►arrd v�auCh plaae snd wilf ..
<br />— � � ��atedlon es/n the opinionW Tlustee may 0a reQulrad bysry praseracs h�Wre 1awln order toReAecb malnfaln and pmtect the fien o!Mls Deed -
<br /> � of Trus;ss the same may be amended o�auppfsmerned fiam dme to Uma Dustor wfll meke such furthe�assurance orass�rrar�s to peAtectita title M
<br /> - tAa Trust P�oPenY as may De ie4�ed Dy Benefirda�l•JtustasP�:reby reUnquJSAes a/l dgM o!dwys�and homestead ln and to tho T1ust ProPertg
<br /> � . �� 2 Paymeirt ol IndeDtedfress DusLO�ahaDPunduaDy pey the O�Paf o1 snd Urterest on the InQebi�Qnes9 secmed herebK
<br /> " �Consbuctlon ollmprauaments Tlusroiahall eomplete in gooa►and woAanan�manner any Du(fdUrg:t lmprouemerrtAOr repalrs relaNnB therero whfch ;.
<br /> = m9y 0e bagan on fhe Trusf Praperry o�contemplated by fhe/osn evfdencedb}►fhe Noto sewred hereby,to psy wNen due ell coscs end BebAr7las
<br /> � ' lncunad therelor4 and rrot m pemilr eay consbvdlon fien aga/rrst such T1ast Pmperry�In the evarn constmebo»Mbr�Ndings�Improvaments or�epslls .
<br /> _ � ere�onmmPtamd.Dusmr also a9reesL 8►NWrt9ln thls Oeed ef fi�st Gv the co�►IIarY nonvl(hs�nding,(a)to P�mPtIY aommer+cB arr�such work and to
<br />_ . � . comPle�NNa P1oPosed lmpruuemmns P�PUf:(b)tc complete tAe same in seeordanoe w!N Ne Plans endspeci!lr.atlons es approve0by Bene1'rclarst .
<br /> - � � (c1��mAN���e temts of a bultding/osn syeemenG Ha►ryS between Thrsturend Bsnafielar)S Ne t�rms ol whlch are lncorporaled Ae�a1�+bY •
<br /> � ' raterenoe snd mada spaftAere�(�to sl,'aw Benetldary to lnspecttha 11ust P�operry et a!!Nmes dming consbucBOn,srrd(e)to raplsce any wo�k or
<br /> ." � mat3�lals wrsaNsfsctory ta BeneflGary wlthin filteen ry5)dsys aHe�wriHen notica fra»Benelicfary ol suah(act
<br />__;_ � 4 Funds 1brPeyment of CAargea SuDJecf lb eppf/caDle Iaw a�tc e written rvaNerDy Benellclary.'AuSto►shaD psy m Beneflclery an ihe Bist day o/eaaA .
<br /> � . � monM,o�sucA oths►deta eacA manth as may Da spacfRed Dy 8enefldaryt antll NB Inrlebte�ress Is pald in IuU.e sum(AeralnaRerta!!ed the Furrds'�
<br /> - � �' • � squsl tn 1/121h o1 fhe yready mxes and assessmants whlctr may eftafi pAadry ovar UUs DeeO of Thrst end ground rents on Ure first PtoAerty�ll any,pfus
<br /> - 1/12th cftlra pesAyA�emlmn fistaltrnants for haze�d lnswanoQ Plus 1/t2tA ol the 1'�aMP��um installments,formortgage insroanca Bsry,all as ..
<br /> - ,. ' rcasansDly estlmatedln/UaOy snd fmm ems m Umsby BeneOGary on the.besis of essBSSmeMS and DJlIS andr�asonaole e�r�ates Urersol.�fre Fiords •
<br />- ` - � � shall befiela M anlnstltutton.Ure deposfts or aecounts of w�tc1►ars lnsa�ed or gueranteed Dy a federal orsmt0 sgenr,Y ir+duding Beaeliclar)s
<br /> = Berr311dmy ahall appy NaFunds ro F�Y sald mxest assessmentst lnsurancePremiums and glound rems.Berrellclary SAall not bs raqukad c�psy �.
<br /> • • ' . ., � 1lusmranyl�ast wemlUags an the funds Beneflciary shaD gtu�G�Thrsm4 v+lUtoul c/ra�9�e�8nnual acoountlng of Ute Funds sAowing aedits and
<br /> deblts ro ihB Funds and tAe purposa lor whlch each deblt to the Funds vras mada 11re Funds are pledged ss sdditlonal secun'ry for thelnGebtedness
<br /> _- � secmed by th/s Deed ot Tiust lf the amount ot fhe Funds held Dy Be�reflclaryt togeNe�wlth Me IuOmn nromhry 6ns�1lme►ns�Funds payabte pdor ro
<br /> ° t, the dua dates of dxast assossmem&Uuuranee pramlums end�u�rd�ahaU e�aeeed the smow�t rsquUed ro pay said ta�s�assessments�
<br />_: � . �J` insurance pramiums and ground�nts as they/e0 duet surh excess shall ba,aJ TiusloYs optlon,eifher promptly repald to Trusto�or c�ted to Tlusta
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