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<br /> !�� �o O��� DEED OF TRUST
<br /> a a�x�a
<br /> � THIS DF.En(�F TRt�ST,made as of the�..f�.t h day oY JanuArv , ��� 90 �henr•een
<br /> 'A4TYP�e�AZ[A pnd $,�.1c��� Ha•P ,� huahand and �t f� , as Tn�stor,
<br /> FIRST NATIONAL BANK OF OMAHA, Ob1AHA, NFBRASKA as Tnistce, and FlliS'f NAI'IUNAI. IsANK uP' UM.1HA.
<br /> OMAHA,NERRASKA as Aencficiasy.
<br /> WITNESSETH:
<br /> 'I'hat Trustor irrevocably grants,transfers and assigns ta Ttustee in trust,�vi�h power of sale,the following described
<br /> property:
<br /> N2 NEl/4 of Section 13, Township 1pN, Range lOW of the 6th P.M. excepting a certain tract
<br /> of land described in Deed recorded in Book 135 page 293 and a certain tract of land
<br /> described xn Deed recorded as document 4P79-004582 of Deed Records of Hall County, Nebraska.
<br /> • also known as
<br /> , together with al) interest which Tn�stor now has or may hereafter acquire in and to said property and in and to: (a) all
<br /> easements and rights oF way appunenant thereto; and (b) all buildings. structures, improvements, fixtures, equipment,
<br /> , furnishings and appunenances now or hereafler placed thereon,it being intended and agreed that all classes of property
<br /> i attached or unattached other than consumable goods,used or to be used in connection with said prope�t},are conclusively
<br /> ; deemed to be affixed to and to be part of the rral property that is conveyed hereby.Tnistor agrees to execute and deliver.
<br /> i from dme to dme,such further instruments as may be requested by Beneficiary to confinn the lien of this Deed of Trust on
<br /> i any of the aforementioned propeny. The property so conveyed to Trustee hereunder is hereinafter referred to as "such
<br /> ' Pr°Perty�:
<br /> The Trnstor absolutely and irrevoCably grants, uansfers and assigns to Beneficiary the rents, income, issues, and
<br /> �
<br /> profits of all property covered by this Deed of TrusG � ;
<br /> j FOR THE PURPOSE OF SECURING: ,
<br /> � : P:j'.T.°SSL^:2}2�pr.:sci�:.!�::sr:af ****nr_e �lt2P_�roil tr�ncal3� 3*_2iZ I!L+/1(lAek9feeitek�t�lt�F�ik�kek�le*alkdFakalkik a"st3iia» ' --
<br /> , �s I00.000.00*****�evidenced by promissory note(s)dated January I6. 1990 , _
<br /> i-
<br /> � (hereinaRer referred to as the"Promissory Note"whether one or more)issued by �pp��p �i�* ,LLal.�, T��.
<br /> ,
<br /> ��. ' ("Maker") and payable to the order of Beneficiary, together �vith interest thereon, late charges, and prepayment bonuses -
<br /> according co the tenns of che Promissory Note and all renewals,extensions.and modificauons thereof. � --
<br /> 2. Performance, discharge of and compliance with every obligation, covenant, and agreement of Maker or Trustor °—
<br /> { inc�rporated by reference or contained herein or in any other security agreement or deed of t�ust at any time given to i�
<br /> � secure any indebtedness hereby secured or any part thereof.
<br /> ' 3. Payment of all fees and charges of Beneficiary,whether or not set fonh herein.
<br /> �
<br /> . ;
<br /> ; TO PROTEGT THE SECURITY OF THIS DEED OF TRUST,TRUSTOR COr11JENANTS: i
<br /> � �.; -.
<br /> ; 'I itle:That it is lawfully seized and possessed of a good and indefeasible tide and estate to such propetty in fee simple
<br /> � and will forever warrant and defend the tide thereto against the claims and demands of all persons whosoever;that it will,at �
<br /> its expense,maintain and preserve the lien of this Deed of Trust as a tien upon such propert}: ���'-
<br /> Prior Liens: To a an interest on and maturin installments of nnci al due on an rior mott e or deed of � '� `
<br /> PY Y S P � P YP �S �
<br /> : wst,and to perform all things required of him under the terms and candidons of any prior mongage or deed of pusG
<br /> Beneficiary may,but shall not be obligated to,make any payment or perform any other act or obligation required of"I'rustee �
<br /> or T�vstor by any snch prior mortgage or deed of trusG Any amount so paid or expended by Bene6ciary shall be immediately -
<br /> � repayable to Beneficiary together with interest as herein provided.
<br /> � Maintenstnce:To keep such property in good condition and repair,to complete or restore prompdy and in good and
<br /> workmanlitce manner any buitding which may he constnected, damaged or destroyed tliereon and ta pay, whcn dur, all
<br /> claims for labor performed and materials furnished therefor and for any alterations thereof;to comply with the provisions of
<br /> a11 insurance policies covering said premises; to comply with all I�ws, ordinances, regulations,covenants, condidons and
<br /> restrictions afl'ecting such property;not to remove,demolish or materially alter any building,or the character or use thereof
<br /> at any time thereon; not to drill or extract nor to permit the drilling for or extraction of oil, gas or other hydrocarbon
<br /> substances or any material of any kind unless the written consent of Beneficiary is first had and obtained;not to commit or
<br /> " permit any waste thereof or any act upon such propeny in violation of law; to do all other acts in a ti�nely and pro�er
<br /> � manner which from the character or use of such propeny may be reasonably necessary to protect and preserve said security, ____ __
<br /> the specific enumerations herein not excluding the generdl. ' --- - -
<br /> Construction of Improvements: To completr ir� good and workmanlike manner any building or improvement nr
<br /> repair relating thereto evhich may be begun on such property or contemplated by the loan secured hereby,to pay when due
<br /> �. � all rosts and liabilities incurred therefor, and not ta permit any mechanic's lien a¢ainst such pronenv Tnistor also at,,'recs. r
<br /> � anything in this Deed of Trust to the contrary nonvithstanding, (a) to promptly commence work and to complete the
<br /> _ proposed impravements prompdy, (b) ta complete same in accordance with plans and specifications :is approved by �
<br /> $eneficiary.(c)to comply with all of the terms of any buildin�loan agreement betwern'Trustvr and Beneficiaty.(d)to allok
<br /> � �, Benefirian+to inspeci such property at all times during construction.and{e)to replace any wc�rk or matrrials unsatisfactory
<br /> to Aeneficiary, within ffieen (15) days after written n��tice frnm Hrtirfiriary uf �!ich fact, which n�r�i�•e may he �,��•rn to h
<br /> t Tnictnr hy rc�gistered or certified ttfail,sent to his last known address,or hy personal srn�ice• ��f the samc•. �sQ�
<br /> �'ite znd Ca�st�l lnsurance: "I�o kcc u�ch r�y►i•tt it►�urcd a iinst luss �rr d.�rna�c h firr .iut1 u�hcr iitik �» ri,kti �
<br /> --•• �Y P P i Y K% �, y ,
<br />- which. in tf�e�pitiion uf Rr�ie(icia�y tiiinuld h�• in�ured:i�;ninst.under p��lic ies ot in�u�an�r�.ith I��ti. ��.���.ihle•tn lirni•f ii i:�n• ;, �'
<br /> and the• hul�lrr�,t nny priur licn iu f��r�n. anmun�. and i�►mp.�t�ir�ai<<���lahle• tu R�•nrlii i.uv. ti.�id ��nli�irti ,h:�ll h�• �1�•Inc•����1
<br /> � tn and retn,►it► in pussc•stiiun r,t I�rnctiiiary :�ti furt}u•r tir�urilv f��i tlir f:iithlnl ��r�f��iin.ui�c� nf ilu•�i• ��hli�;,iu��n.. �clii�l�
<br /> , �� drl��rt�� shall i+,nstitute• ��ti .i+si�;�n�•til hy '1'nitiU�r tu }irt►t•fi�i:�t�• ur :�U n�h�� tlu•�e•nnrfe•i. in�lu�liuy; .�II irtu�n ��ie•mniin., tn
<br /> t"���� �I��Int•t tu li�•n<•li�i.�rv:� ��uli�c��t pnli�ii•r t�•n�•wn�� rn i•xtrnaliu� ,iu� r���itin�; in�n�.�n�� ti.nh .� ir�r��n .liu�.in�� ��irnunni. �
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