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<br /> ` ' � � . OEEO OF TAUST , �V�3�11��rr
<br /> � iHiSOEfDOF1 UST.tnad�ll�is 2IId dayof MarCh 1990 pro���_Erhard J. app and Marilvn J�
<br /> ���,mh�ts�ba�e stt i wafe ;pg W. 11 th, Woo�l Riuer, Nr� 68883
<br /> � , (herein'Trustnt"�f and B�nk of Wood River � ,whose mQilin�Qddress P.O. BUx ��87, Wood River :V�
<br /> 6�SiQ,(herein"Trustee"cnd"Ben�ticiary"). 68�83
<br /> fOR YAiUABLE CONS{DERAT10�1, iacluding the isdebtedness indentifi�f herein ond the t�ust f�erein created, the receipt of which is t�ereby
<br /> ,: ac�cr�aw�edped. Trusi�irrevaaWr gux�rs.transfers, comeys,end ossigns to Tr�rstee. tN iRUSi. WCiH PaWEtt iiF SAtE.far ihe bertEfit and
<br /> saarit�t of Beretfic�acr,fR1dlf 011d SIJb�ttf i01�IQ 1KiI1f Q(ld COfidl}iQrli O�tfl15 O!!d O�TNSt,the rect propenr describcd as foltows: , , � �
<br /> The West Eleven E11? feet of Lot Two (23 and all of LQt Three (3) in Hlock
<br /> Seventeen (17), in the Orig'snal Town of Wood River, HaL2 County, Nebraska
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<br /> TOGEF+�wR W1TH,oGl dc^rts,psc�;t�b�ro�olties,income and¢tiscs-benefits derived fram Ptie real property;nii t�s���r subleoses covering the � ;:,•�s s:,.
<br /> ; �eai pr�a�gr?r�+flr ony e��+�?�t��t�r�;,t��r�ow or hereafter ex�stif;r;�cr entered irdo, and al�ci,�ht,tiils ond interesf af�Trustor Ihereunder;ali in- - 'i-vy�=�
<br /> � � ferests,e3�ate ar ot:z�,rz�oims,6o�h ire faw and in equity,v�aa::.`�7rustor now hns or may hereafter acquire in the real properiy;all easements, `,��
<br /> . ' riphis-of-way, teneme:�ls, hereditaments and appurfenances shereof and thereto; all oil and gas rights and protits, woter rights ond water '"'`
<br /> ' sfotks ot6-r��'�t,tilte and interest of"trustor,now owned ar h�r,�nfter ncquired,in and to any land(ying w:thin the righf-of-wpy of any street or
<br /> ' highwop�3�rtinit�g the reol property,.vny and ol)buildings, Ci:�h�res, improvemenis, and appurtenances now or hereaifer ecected Ihereon or.
<br /> 6elonqir�thtreto,(herein�eferred to as"tmprovement"or"9mprovements");ond ony ond oll owards mode for ihe takinp by eminenl domain• , , .
<br /> a by mry praceedit�n►rurthnse in lieu ihereof,oi the whole or any part of fhe reo)property. � -
<br /> All of ihe foregoir.g g�fiate,property ond interest hereby conveyed to Trustr�herein collectively referred to as Ihe"Praporty". "
<br /> THIS DEED OF TRUST SidA�l SECURE: � �
<br /> ' (oi Ttwv;ucYment of indebtedness avidenced by Trustor's ao t�af even date herewith in ihe principal sum of Fourteen "�
<br /> � thausand And no/T00----------------.-----------=--------- Dollars (f �4 000 00 ' �,
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<br /> i toyether wifh interesa et the rote or rates provided therein,(herei�,t�s��tlrar with any and all renewals,moditications,ond extensions thercoi,
<br /> ' �eterretl ta as fhe"Nota"1 both principo)ond interesf on the Note 6e2-�1.r,ryable in pccordance with tne Iernu sel lorth tl�erein,reterence to ' �
<br /> � : whith 1s heraby made,th�lino)poyment of principo)and intereft,.it nat sooner paid and if r.e renewots,modiiicotions or exlensions are mode, �'�
<br /> dw orxE��nbk cn March 1, 1995 and any extertr�i.���s or repewalr• .f�=:e,e�:f , �. �
<br /> (b)1h�per(ortnm�+ae of each ogreemenf and covenant of Trustcr.tlerein cc=�Poirted;and �'
<br /> (e)11�e poymenf o4'�ny sum or sums ot money wilh interesl tliereon which may be hereaiter ppid cr uai�oanced under fhe ferms ct i t�is Uoed oE =-
<br /> trost. . " .
<br /> (d)The paYment of any tuture advonces necessary to protect��f;�security qr ony luture advunce ma�e a111ce optiar�ol ll�e purties;and ' � �
<br /> (e11he pedormance ot onobligation oi any other person acmr:+�'n Ihis Trust Deed to o benoiiciory. "
<br /> 10 PROTECT THE SECURITY OF?HIS DEED OF TRUSt,1RUSTQE2 Nl3ttflY COVENANTS ANU AGREES AS FOLlOWS: � �
<br /> j 1.►�yn��nt�i Rinctp�l�n11n»nst.trustor shol!promptly�s�when due the printipnl of and intorest on the indebfedness evidenced by tlre
<br /> � Note,ond at!otfier cf�apes and tees os p►ovided irt tl�e Noie,a���the printipal of and inter�st on any►uluro Qdvdntes setured by this Oeed oi
<br /> Trust.
<br /> ' �.Wwnnt�ef iitb.lrustor is tnwiulty seized ortJ possesae�!oi goad and indefensiblc tille mid estolo to the Properly hereby canveyed and
<br /> hns ihe right lo gront ond tonvey the Property; Ihe Propert�is iree and cteor of oll tiens and encumbrances except liens now of record; and
<br /> Trusfof will trorrtint cr�d detend the tille fo the Prt►perty ogaitts¢t�1t tlaims orx�denwnds.
<br /> 3.M�i��e��Ce�N�net wftl�l�w�.Trustor slwl)keep the Properly in good condition ond repair and sho11 nol commil waste o►permi�
<br /> , ir�ipoirment or dc(eriorntiun o(16o Vruperty u�id stwil comply wieh Ihe provisions vi any Icuse it Il�is UeeJ ul irust is un u tcus�hnlJ.t�u inrp►uve- -
<br /> menl now or hereulter erected upon the Property shalt be altered, removed or demolished wi9hovo the prior written tonsent of Ueneficin►y. '
<br />. � Truslor slwl{tomplr wilh all laws�ordinonces,repulations,covenaMs,condilions ond restrictians utfetling Ihe Property mid not commit,suffer, '- �
<br /> or permif any at tu b�done in or uFon Ihe property tn violotion of any(ow,ordinanco,regulotion, covennnt, candilion ar reslriclian. Yrustor '
<br /> sf�a0 tamplete o�restore promplly and in good workmarttike monner any improvemenf on fhe Property wi�ith moy 6e damnged or destroyed aid � .
<br /> pny,wtien dw,all claims for Inbor porfarmed�nd moterials(unaished Ilieretore and tor ony ulteralions Iliereot. . ` �
<br /> .. I, M�!Y�!s tres!ef.�f its er.��s�.wi!!�s=nt�n+�ilh Lt:s:aats a�=uci�s!b�S�nvilcirsr„iausraase::ilh respast ia t1;�Imprar•En:Ents t�rid
<br /> . personal properly,constilufing Ihe PropeNy,uguinst(oss by(ire,liqhlninp,tomudo,and other perils and horards covered by sland�rd exlen�led
<br />' � tureroge endorsemeM,in on omount equat to ot least ane hundred percent of 1he tull raptacement votue�hereot o�id insuronce u,yc,�nst such
<br /> oll�Ib:ads and in such amounts as is customorily eorried by owners and apernto►s at simular prnperlies or ns Benelicinry muy require for i�s �
<br /> proteclion.tru3tor wili co�nply wilh sutl�olher requirements as Uenelitinry muy(rom time to IimQ reyuest lor the proleclio��by in3urance ol the �
<br />' inIH�11f ol fh!r�s{�Ctire parli�i.Al) insurunto polielu mointuintc!pursuan! to d�is Ueed oi trust shall name Trustor an�+[?enaficiury ns in-
<br /> sured�,os thelt ref�ctlre'lntetests moy u�p¢�r,a��d pro�idc that Ihcro shull6e no cuncelld�inn or m�dillco�iun wiihnut no Iess �hc�u 15 dnys ,
<br /> p�ior wtilten nolilitnti�n to Qerrc+liciury, fn the even!ar.y pulicy I�creu���fer is nof ren���ed�n ar 6efc�ie 1 S �lups piinr tn itc r,�p;�uti�u ilrfta. r,__ _
<br /> ge»eli:iury mey prr,curo such insuronto iir uctarJunte wilh ttr�provisions vf pUr�yrupf►7 f�erCOF. ituslnr shulf tlelivet fu Uene(itiur y thc v�iqiuu!
<br /> policies ot ir�su�ryncr urzd rni�vwu�s thevn�l u►rnrmo copies c�t sirch��uhcirc,,,�c!rrn�•:rtits Ili�tt�t�S fmttne tc�iur iu.l�au�t��na�n uw��I�y ►�+��te�� nr
<br /> renew;;l�us ea��unedhe�eu��Jgr 5��ali.n�Ih�npii�n of�Er�elrcimy.:cn,t��u�a n deta��lr.
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