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<br />Deed of Trust
<br />THIS DEED OF TRUST is made thise��79 day of qd?i:p , 2001, by and among Roy D.
<br />Neneman and Lucy A. Neneman, husband and wife ("Trustor"y, whose mailing address is 18 Lillian Lane,
<br />Doniphan, Nebraska 68832, Michael D. Matejka ( "Trustee ") whose mailing address is 1100 Woodmen Tower, 1700
<br />Farnam Street, Omaha, Nebraska 68102 -2002, and 5500 L Street Properties Co., a Nebraska general partnership
<br />( "Beneficiary"), whose mailing address is 5500 L Street, Omaha, Nebraska 68117.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN
<br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and
<br />conditions of this Deed of Trust, the real property located in the County of Douglas, State of Nebraska, and
<br />described as follows (the "Property "):
<br />Lot 18, Amick Acres East Subdivision, Hall County, Nebraska;
<br />TOGETHER WITH all interest which Trustor now has or may hereafter acquire in or to said Property and
<br />in or to all rents, easements, appurtenances, hereditaments, interests in adjoining roads, streets and alleys,
<br />improvements and buildings of any kind situated thereon and all personal property that may be or hereafter become
<br />an integral part of such buildings and improvements, all crops raised thereon, and all water rights.
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the
<br />"Trust Estate."
<br />Trustor covenants that Trustor is lawfully seized of the Trust Estate hereby conveyed and has the right to
<br />grant, convey, transfer and assign the Trust Estate to the Trustee and that Trustor will warrant and defend generally
<br />the title to the Trust Estate against all claims and demands and that the Trust Estate is free of all liens.
<br />THIS CONVEYANCE IS GIVEN FOR THE PURPOSE OF SECURING:
<br />a. Payment of the principal sum of Two Hundred Thirty-Five Thousand and No /100 Dollars
<br />($235,000.00) with interest evidenced by that certain Promissory Note (the "Note ") executed by
<br />Trustor, which has been delivered and is payable to the order of Beneficiary, and which by this
<br />reference is hereby made a part hereof, and any and all modifications, extensions and renewals
<br />thereof together with any future advances made by Beneficiary, and
<br />Payment of all sums advanced by Beneficiary for any reason to protect the Trust Estate.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the payment and
<br />performance of any obligation secured hereby are referred to collectively as the "Loan Documents."
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR COVENANTS AND AGREES
<br />AS FOLLOWS:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of the indebtedness
<br />evidenced by the Note, charges, fees and all other sums as provided in the Loan Documents.
<br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every kind,
<br />now or hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice or demand
<br />and shall provide proof of payment to Beneficiary. Trustor shall pay all taxes and assessments which may be levied
<br />upon Beneficiary's interest herein or upon this Deed of Trust or the debt secured hereby, without regard to any law
<br />that may be enacted imposing payment of the whole or any part thereof upon the Beneficiary.
<br />3. INSURANCE. Trustor shall maintain fire and extended coverage insurance insuring the
<br />improvements and buildings constituting part of the Trust Estate for an amount no less than the amount of the
<br />unpaid principal balance of the Note, including all extensions or modifications thereof. Such insurance policy shall
<br />contain a standard mortgage clause in favor of Beneficiary and shall not be cancelable, terminable or modifiable
<br />without ten (10) days' prior written notice to Beneficiary. A certificate showing proof of such insurance shall be
<br />delivered to Beneficiary.
<br />In the event Trustor fails to pay the property taxes or insurance, Beneficiary, at Beneficiary's
<br />option, may pay for such items and such amounts shall be immediately due to Beneficiary from Trustor, together
<br />with interest thereon, at the rate of sixteen percent (16 %) per annum.
<br />4. REPAIRS. Trustor shall promptly repair, maintain and replace the Trust Estate or any part thereof
<br />so that, except for ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall Trustor commit
<br />31664 -1
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<br />THIS DEED OF TRUST is made thise��79 day of qd?i:p , 2001, by and among Roy D.
<br />Neneman and Lucy A. Neneman, husband and wife ("Trustor"y, whose mailing address is 18 Lillian Lane,
<br />Doniphan, Nebraska 68832, Michael D. Matejka ( "Trustee ") whose mailing address is 1100 Woodmen Tower, 1700
<br />Farnam Street, Omaha, Nebraska 68102 -2002, and 5500 L Street Properties Co., a Nebraska general partnership
<br />( "Beneficiary"), whose mailing address is 5500 L Street, Omaha, Nebraska 68117.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN
<br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and
<br />conditions of this Deed of Trust, the real property located in the County of Douglas, State of Nebraska, and
<br />described as follows (the "Property "):
<br />Lot 18, Amick Acres East Subdivision, Hall County, Nebraska;
<br />TOGETHER WITH all interest which Trustor now has or may hereafter acquire in or to said Property and
<br />in or to all rents, easements, appurtenances, hereditaments, interests in adjoining roads, streets and alleys,
<br />improvements and buildings of any kind situated thereon and all personal property that may be or hereafter become
<br />an integral part of such buildings and improvements, all crops raised thereon, and all water rights.
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the
<br />"Trust Estate."
<br />Trustor covenants that Trustor is lawfully seized of the Trust Estate hereby conveyed and has the right to
<br />grant, convey, transfer and assign the Trust Estate to the Trustee and that Trustor will warrant and defend generally
<br />the title to the Trust Estate against all claims and demands and that the Trust Estate is free of all liens.
<br />THIS CONVEYANCE IS GIVEN FOR THE PURPOSE OF SECURING:
<br />a. Payment of the principal sum of Two Hundred Thirty-Five Thousand and No /100 Dollars
<br />($235,000.00) with interest evidenced by that certain Promissory Note (the "Note ") executed by
<br />Trustor, which has been delivered and is payable to the order of Beneficiary, and which by this
<br />reference is hereby made a part hereof, and any and all modifications, extensions and renewals
<br />thereof together with any future advances made by Beneficiary, and
<br />Payment of all sums advanced by Beneficiary for any reason to protect the Trust Estate.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the payment and
<br />performance of any obligation secured hereby are referred to collectively as the "Loan Documents."
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR COVENANTS AND AGREES
<br />AS FOLLOWS:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of the indebtedness
<br />evidenced by the Note, charges, fees and all other sums as provided in the Loan Documents.
<br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every kind,
<br />now or hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice or demand
<br />and shall provide proof of payment to Beneficiary. Trustor shall pay all taxes and assessments which may be levied
<br />upon Beneficiary's interest herein or upon this Deed of Trust or the debt secured hereby, without regard to any law
<br />that may be enacted imposing payment of the whole or any part thereof upon the Beneficiary.
<br />3. INSURANCE. Trustor shall maintain fire and extended coverage insurance insuring the
<br />improvements and buildings constituting part of the Trust Estate for an amount no less than the amount of the
<br />unpaid principal balance of the Note, including all extensions or modifications thereof. Such insurance policy shall
<br />contain a standard mortgage clause in favor of Beneficiary and shall not be cancelable, terminable or modifiable
<br />without ten (10) days' prior written notice to Beneficiary. A certificate showing proof of such insurance shall be
<br />delivered to Beneficiary.
<br />In the event Trustor fails to pay the property taxes or insurance, Beneficiary, at Beneficiary's
<br />option, may pay for such items and such amounts shall be immediately due to Beneficiary from Trustor, together
<br />with interest thereon, at the rate of sixteen percent (16 %) per annum.
<br />4. REPAIRS. Trustor shall promptly repair, maintain and replace the Trust Estate or any part thereof
<br />so that, except for ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall Trustor commit
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