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<br /> �� WHEN RECOEiDEO MAIL TO:
<br /> Shwmae Counry B�nk
<br /> 73�'O"Str�N!
<br /> P.O.Box l�13
<br /> �ouP Ctty►�NE 8t�53
<br /> SEND TAX NOTICES Tv:
<br /> Tonla L R.WastK
<br /> Box 29�
<br /> I.oup Ctty�NE EOa53
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
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<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATEO JANUARY 10, 1990, amon� Tonia L R. Weste�, a sin�ta person, whose
<br /> addrass is Box 2�8, Loup City, NE 68853 (retet�ed to bobw as "Grantor"); Sherman County Bank, whose
<br /> address Is 734 "O" St�eet, P.O. Box 549, Loup Clty, N� 68859 (�eterred to below sometimes as "Lender" and
<br /> somatimes as "Beneflclary"); and Sherman County Bank, whosa address Is 734 "O" Street - Loup City,
<br /> Nebrsska 68853,(rofer�ed!o below as"Trusiea"�.
<br /> CONYEYANCE AND GRANT. For valuaW� consldWayon� Qrantor coev�ys to TrustN lo trust,WITH POYVER OF SALE� fo►th� Mn�ftt of
<br /> �..nd.r as e.e.nctary.a�of cwantor�n9n�,nne,and interest in�nd to the tolbwing deecdbed real property,cogeu�er wnn au ex�rn�or eueseyuenny
<br /> erected or al�bced buildings. irriprovemenb and fixtures; dl eeseinenb, righb of way, and Appurtenances; ail water, wate►righta and ditch rights
<br /> (inctuding stocic In uUlitles with ditch or hrig�tb�dghb);and dl otherr�hb,royattle�.And proflta�elnUng to the rea!pro eny,inclvding wfthoui I'ar�itation
<br /> all mnereus,oi1,gas,geou�ermet and sirnNar rnaue�,lpCated In Hall County,State of Nebraska,(the "�eal Prope�ty"):
<br /> Lot Four (4), In Btock Thirty-One (31), in Charles Wasmer's Addltion to the City ot Grend Island, Hall
<br /> County, Nebraska. ;
<br /> The Reel Property or Its addreas Is commonly known as �»�west c�rta,,��aoa�aiar�a.NE eeaaa.
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<br /> t+�e�or P���n!►t�T9�s to Lender(abo knowa�s BeneflGa�y In this Qeed of Trust)all of Grarrtot's tigM,title,and interest in and W aN tease9 of the ? -�
<br /> Properry and �II Rerns from the Property. In additlon, Grantor grants Lender e UnHorm Commercta! Code aecudty tnterest in the Rents anQ the -
<br /> Personal Properiy dellned below.
<br /> DEFINI7'IONS. The toRowing words shail have the toUowing mear8ngs when used in this Deed o}Trust ' o�.
<br /> "Ler�ider'�Deed of���mea� Sherman County Bank� its suocessc�or assigns. Sherman Counry Bank dso is reterred to as �
<br /> Dwd M Tn�sL The w�ords'Osed of TrusC'meam thia Deed of Trust mrwng Cirantor. Lender� end lYustee, and tndudee wlthout Rrr�ta�on W =
<br /> +�slgnmeM and securriy inte�eet provisions relaUng to the P�somY Properly and Renta. ;
<br /> Grantor. The word•Gr�means any and dl pe�sons and enUdes executlng tfas Deed of Trust,tnduding without Nrt�itatbn ToNa L R.Westef ti
<br /> Improv�rtNnta. The w�ord 'Improvemerrta" means and includes without NrNtatbn dl e�dstlng and tuture improvementa, tixWres. buildings� t
<br /> structurea,mobile homes alfixed on the Real Properly.facitides.addtHons and akNltv oonsiruqbn on the Real Prope�iy. f
<br /> �ed�bt�dn�sa. The word"Indebtednese'means all pdnGpal and interest payable under the Note and any arrwunts expended or advanced by '
<br /> Lender to dixharge oWigatb�oi Cir�ntor or expenses i�curred by Truatee or Lender fo enforoe obBgaUora of Grantor under thie Deed of Trusi. , y .
<br /> �ogettwr wfth intereet on euch�rtaurds a�provlded in U�is Deed of Trust �k
<br /> L�ncNr. The word"Lende�'mearu Sherman CouMy Bank,im suooessors or essigns.
<br /> Mot�. Th�w�ord•Nat�•m�arts th�Not�dated Janwry 10.1990�In the principai amount of s45,000.00 trom Cvantor ta Lender, �
<br /> together with aN renewats.extensions,modiflcations,reflnanGngs,and substitutlons tor the Note. ��� ,
<br /> Wnona�Proparty. The words'Peraonal Property'mean NI equipment,flxtures,and other arUcies of personal property owned by Grantor,now
<br /> a herea(tar attached or eflixed to the Real Property;together with aN eooessions,parm,and addiWns to,alt repiaoen�ents of,and a11 subsL'tuUorm
<br /> tor,any of auch propeAy;�nd together with aq proceeds(inciuding without limitatbn all insurance prooeeds and refunds of preMums)from any
<br /> a�la o►olhw diepoailbn of the Properry.
<br /> Pro{�rty. Th�word"Properq/'meura ooilecuvely the Real Property and the Pe�sonal Property.
<br /> R�al Prop�rty. The words•Real Property'mean the propeAy,lnterests and rtghts des�xibed above ln the'Conveyence end Gran!"secUon.
<br /> R�tabd Qocum�nts, The worcts "Related Documents' mean and inGude without 1lmitatbn all promisaory notes, credit agreerr�eras, ban
<br /> ageements.9uarandes,secudty sgreements,mortgages,deeds of trust,end dl other documenb,whether now or hereatter exisUng,executed in
<br /> oonnectbn with(irantor's Indebtedness to Lender,
<br /> R�nb. The w�ord"Renis"meens all renb,revenues,inoome,issues,end profits from the Property.
<br /> TtustN. The word"Trustee"means Sherman County Bank and any substitute or successot trustees.
<br /> THIS OEED OF TRUST, INCWDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br /> PfiOPERTY� IS GIVEN TO SECURE (1)PAYMENT OF THE INOEBTE�NESS ANO (2)PERFORMANCE OF ANY ANO ALL OBLIGATIONS OF
<br /> CR�iNTOPI UNDER YHE HOTE AND THIS CEED OF TRUST. THIS DEED OF TRUST IS GIVEN ANO ACCEPTED ON 1'HE FOLLOWING TERMS:
<br /> PAYMEHT AND PERFORMANCE Exoept as otherwise provided in thb Deed o1 Trust,Grantor shell pay to Lender:all amounb seaired by this Deed of �
<br /> Truat as they become due,and shall strkUy and in a timefy manner pertorm al!01 Grantor's obligaUona under the Note and this Oeed ot T�ust. ,
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