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o <br />M � <br />%1_1 <br />°0 <br />Q <br />DEED OF TRUST <br />200004198 <br />This Deed of Trust, hereinafter referred to as Security Instrument, is made on this 18"' day of May, <br />2000. The Trustor, hereinafter referred to as Borrower, is MARLIN C SUCK & LORETTA SUCK, <br />Husband and Wife, whose address is KENESAW, NEBRASKA. The Trustee, hereinafter referred to as <br />Trustee is Adams County Bank. The Beneficiary, hereinafter referred to as Lender, is Adams County Bank, <br />which is organized and existing under the laws of the State of Nebraska, and whose address is Kenesaw, County <br />of Adams, State of Nebraska. Borrower owes Lender the principal sum of Forty Five Thousand and No /100- <br />-------------------- Dollars ($45,000.00). This debt is evidenced by Borrower's note dated the same date as this <br />Security Instrument, hereinafter referred to as Note, with the full debt, if not paid earlier, due and payable on <br />JANUARY 1, 2020. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by <br />Note(s), together with interest thereon, any further advances, and all .extensions, modification, substitutions, and <br />renewals thereof; (b) the payment of all other sums, with interest, advanced under Section Nine hereof to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and <br />conveys to Trustee, in trust, with Power of Sale, the following described real estate: <br />THE SOUTHEAST QUARTER (SE1 /4) OF SECTION TWENTY -FIVE (25), TOWNSHIP NINE (9) <br />NORTH, RANGE TWELVE (12) WEST OF THE 6T11 p.M., HALL COUNTY, NERBASKA <br />which is located in HALL County and, Nebraska, having the address of Kenesaw, Nebraska and is hereinafter <br />referred to as "Property Address." <br />Together with all the improvements now or hereafter erected on the property and all easements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures <br />now or hereafter a part of the said property. All replacements and additions shall also be covered by this <br />Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property". <br />Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to <br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />any encumbrances of record. Borrower and Lender covenant and agree as follows: <br />1. TRUST DEEDS ACT. That this Trust Deed shall be governed by the terms of Section 76 -1001, and <br />following, of the Revised Statutes of the State of Nebraska, also known as the Nebraska Trust Deeds Act. <br />2. PAYMENT. That the Borrower shall pay to the Beneficiary the principal and interest under the <br />terms of the Promissory Note(s). <br />3. TAXES. That the Borrower shall pay all general real estate taxes and special assessments levied <br />hereinafter against the property when the same become due and before the same become delinquent. <br />4. INSURANCE. That the Borrower shall insure the property against loss by fire, hazards, included <br />within the term "Extended Coverage" and any other hazards for which the Lender requires insurance in an <br />amount not less than N/A no /100-------- - - - --- Dollars ($ 0,000.00) with a company qualified in the State of <br />Nebraska by a policy containing a clause for loss payable to the Beneficiary and the Borrower as their <br />respective interests exist at the time of the loss and to provide evidence of payment of the premium of said <br />policy upon reasonable demand by the beneficiary. <br />Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to <br />restoration or repair of the Property damaged, if the restoration or repair is economically feasible and Lender's <br />security is not lessened, or the insurance proceeds shall be applied to the sums secured by this Security <br />Instrument, whether or not then due, with any excess paid to Borrower. <br />If Borrower abandons the Property, or does not answer within thirty (30) days a notice from Lender that <br />the insurance carrier has offered to settle a claim, then Lender may collect the insurance proceeds. Lender may <br />use the proceeds to repair or restore the Property or to pay sums secured by this Security Instrument, whether or <br />not then due. The thirty (30) day period will begin when the notice is given. <br />5, WASTE. That the Borrower shall not commit or suffer any waste of the property. <br />6. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender shall <br />give Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection. <br />U\ <br />rn <br />tZ <br />> <br />�J <br />CZ), <br />� <br />CZ) <br />p <br />S <br />A <br />N <br />fTl <br />M <br />N <br />= <br />rn <br />CD <br />c> c <br />c' 1r <br />N <br />C <br />O , <br />C:) <br />CD <br />C'D <br />_T1 <br />W <br />-rt <br />O <br />d <br />ZC <br />m u <br />O <br />D w <br />O <br />M <br />Z3 <br />r 11- <br />C7 <br />1— A <br />- <br />cn <br />oo <br />a <br />DEED OF TRUST <br />200004198 <br />This Deed of Trust, hereinafter referred to as Security Instrument, is made on this 18"' day of May, <br />2000. The Trustor, hereinafter referred to as Borrower, is MARLIN C SUCK & LORETTA SUCK, <br />Husband and Wife, whose address is KENESAW, NEBRASKA. The Trustee, hereinafter referred to as <br />Trustee is Adams County Bank. The Beneficiary, hereinafter referred to as Lender, is Adams County Bank, <br />which is organized and existing under the laws of the State of Nebraska, and whose address is Kenesaw, County <br />of Adams, State of Nebraska. Borrower owes Lender the principal sum of Forty Five Thousand and No /100- <br />-------------------- Dollars ($45,000.00). This debt is evidenced by Borrower's note dated the same date as this <br />Security Instrument, hereinafter referred to as Note, with the full debt, if not paid earlier, due and payable on <br />JANUARY 1, 2020. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by <br />Note(s), together with interest thereon, any further advances, and all .extensions, modification, substitutions, and <br />renewals thereof; (b) the payment of all other sums, with interest, advanced under Section Nine hereof to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and <br />conveys to Trustee, in trust, with Power of Sale, the following described real estate: <br />THE SOUTHEAST QUARTER (SE1 /4) OF SECTION TWENTY -FIVE (25), TOWNSHIP NINE (9) <br />NORTH, RANGE TWELVE (12) WEST OF THE 6T11 p.M., HALL COUNTY, NERBASKA <br />which is located in HALL County and, Nebraska, having the address of Kenesaw, Nebraska and is hereinafter <br />referred to as "Property Address." <br />Together with all the improvements now or hereafter erected on the property and all easements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures <br />now or hereafter a part of the said property. All replacements and additions shall also be covered by this <br />Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property". <br />Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to <br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />any encumbrances of record. Borrower and Lender covenant and agree as follows: <br />1. TRUST DEEDS ACT. That this Trust Deed shall be governed by the terms of Section 76 -1001, and <br />following, of the Revised Statutes of the State of Nebraska, also known as the Nebraska Trust Deeds Act. <br />2. PAYMENT. That the Borrower shall pay to the Beneficiary the principal and interest under the <br />terms of the Promissory Note(s). <br />3. TAXES. That the Borrower shall pay all general real estate taxes and special assessments levied <br />hereinafter against the property when the same become due and before the same become delinquent. <br />4. INSURANCE. That the Borrower shall insure the property against loss by fire, hazards, included <br />within the term "Extended Coverage" and any other hazards for which the Lender requires insurance in an <br />amount not less than N/A no /100-------- - - - --- Dollars ($ 0,000.00) with a company qualified in the State of <br />Nebraska by a policy containing a clause for loss payable to the Beneficiary and the Borrower as their <br />respective interests exist at the time of the loss and to provide evidence of payment of the premium of said <br />policy upon reasonable demand by the beneficiary. <br />Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to <br />restoration or repair of the Property damaged, if the restoration or repair is economically feasible and Lender's <br />security is not lessened, or the insurance proceeds shall be applied to the sums secured by this Security <br />Instrument, whether or not then due, with any excess paid to Borrower. <br />If Borrower abandons the Property, or does not answer within thirty (30) days a notice from Lender that <br />the insurance carrier has offered to settle a claim, then Lender may collect the insurance proceeds. Lender may <br />use the proceeds to repair or restore the Property or to pay sums secured by this Security Instrument, whether or <br />not then due. The thirty (30) day period will begin when the notice is given. <br />5, WASTE. That the Borrower shall not commit or suffer any waste of the property. <br />6. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender shall <br />give Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection. <br />U\ <br />