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<br /> : . f . . . _ _ . , D�E]�-O�RU�T s �► �
<br /> � �[ : THI3�UEEU OF�TKtTS�',is.�uade as of�the � ci,ay'.of Ma3� -, 19�,:bY and aatoag � .} ; ' '
<br /> i i � �r�g R. Edwerds & Kimb r�.y J. Edwarde, hus- �"T��r"�►whose mailing�ddreas is ' E ,
<br /> -� ' ; tra �nd �ife, each in h�s.and hes own right, g��� i 2 , gg3 ; '
<br /> • � � Hank�.of �iaod River - . . ` � t`�'rjie�ee�),�w5�ge�e��ng ac[�s is i : ? � ` '. ___
<br /> ` � 110� East 9th, Wood River. Nebras�a ` � � � ; �
<br /> . �� � ; and`F a�rbenka Irriga�tion. Inc. f`.`Benefic�ary")�vvhose mailing ac�drees ie ` � . � ;
<br /> , `107 �ast 3th. Wood River,Nebraska .68883 � . � , ; � } , , � .
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<br /> ' .�� ; � , , � FOlt YALUABI.E CONSIDERATION�`llruator itrevocabty trazisfera,c�onveys�n�i assigna toTruete�1N �� . � ' .
<br /> . TRUST,�I�i'1'f�POV11�R OF 5ALE.for the benefit aad seeurity qf Benefciary,nnder and subject to the terms� : � . .
<br /> �� ! � ; andoo�iansa�thisTk�ed�fT�ust,ther+�propertytot�tedintheGTtyof Woad River ;���y�� ; �[ � . �
<br /> . ) ; _ Hall ' �State�of Nebraska,and legally�e�cribed as folloa►s(the"I�roperty'�: '� . . , .
<br /> � � � {� ` . Lots FiVe (5) and Sfx: {6)r Block Twelve ( 12 f , in'Brett and Jbhhson•s ' �f . � �
<br /> . �� j l��dition to .the Vi21a�e� of tiTood, River, Hall Connty,, Ne6�ras2�. < . , ; ; � ', �
<br /> a - ` . : . ° �, � , . , ,� � � � .
<br /> , �� ; , TC�t3E'1'HER WI'I`� all reats,easement8; appntrteenances, her+editamettt�,�tereste in adJaining roade, . . ,
<br /> _ . f� sb�+e�e�dd aDeya,im�itovemmta and buiI�iuge of any Idnd sit�ated thet�i�ana aiIperson�property tha,#ataq ; � ` � .
<br /> '- �1� be�hu+ealt�r beoome en integral part of such bu�dings and improve�neats,all crops raiseri thereain,and all i� ,
<br /> � ' ; • water sighb. � � ._ . � �, '
<br /> , . (� The Property and the�ntire eatate and int�rest aonveyed to the�ustee are referred to collectively as the : �4( _ �, .
<br /> , �� "[�v�t,Eetate°. : FOR 1'HE PURPOSE OF SECURING: � ! �� � ;
<br /> �� a.Payment of�indebtne�s in the tatal princigal amount nf S 1Q,OOQ.00 , with interest + ;�
<br /> i� ; t h e r e a n, as evidenced by that certain pramissory note uf even dat,��the "Note") with a maturity date af � � ';� �
<br /> � t� ,June 1, I996 �,executed by Trustor,which bas been delivered�cs.c�.is{�ayable to the order of ; i►" �
<br /> Ben�iciary,and which by thia reference is hereby tnade a part hereo�:and an��.cr.��}all modifcations,exteA � . :
<br /> • � ?l ' �dons and i+enewals thereof,and , � . � � " :��
<br /> b.Payment of all�u dvanced hy Benefiaary to protect the 1Yus��state,with interest thereon attherate ��� , i :
<br /> � �i of � �nt t-39�-'"f) r annu mat�i ��te sub'ect to r � ����
<br /> n1 t1► 7 i g ht of B e n e f i c � , . � «;
<br /> 'i . t o ec !�� �e o f ��c� ard ��e�s t d .,and ble vont des �t� in 1'ote � �
<br /> '4 '!�'iial�ofTr�ist,th�Noie,gridanyot�ier�nst�vmen�m�en et��enceo�ru hersecu e aymen�ancT' � ,{ -�.:
<br /> , �j � � pe�rfoYmanoe of any obligatian secured hereby are refened to aallectively se the"Loen Instrumenta". ;:; ��-
<br /> ; �. TO PROTFCT THF.SECURITY OF THYS D£�D OF TRUST: . � ("=�
<br /> � l. PAYMENT OF INUF:I3TF.DNF.SS. Trustor 9hii11 pay when due t�te pnncipal of, and the interest on,the jI .
<br /> �F indebtednees evidenced by the Nnte,charges,feea and all atner euma ae pravided ir,the L,oan Inatrumenta. �•
<br /> , �t 2.TAXF.�.Trut+torahallpayea�hinAtallmentnfalltaxesaridspecietass��meas���:•'_'everykittd,noworhereafter " �� '
<br /> '' levied aRainet the Truc�t Fatate��r nny part thernot�before deiinqueney,wia.P;out notice ordemand,and ehalt provide ''
<br /> j� Beneficiery with evidence of the pavment of Aame.Truetor PhAll pay all t:,:xea and aexesamenta which may be levied ;; 1
<br /> � �F npon�eneficiaryeiotereatherein�,ruponthisDeed�.fTrustorthede6teectnr�edhereby,withoutreRardto�anylawthai � �
<br /> , ' 'I � m�y be�nacted impnain��c�Y�nem of thr whote or any part thereof upon the Rene�ciary. • �i =
<br /> � �i 3. IN8l1RAN[JF:ANI)NF:FAIKS. 'i'ru�torahAllmaintainfireandextendedcoveraqeinauranaein�u��-gthe
<br /> , '! itnprov�nfents and buildinKR ccm�titutin�;part of the Trust F.state for an amount no le9P than the amoun�t of the '�
<br /> , ;; unpAidprinripalbaiancc�nfthel`otetco-inaurAnernntexc�edin�80"�,permittedl. Suchinsurancep4±ticyehal'Ycontaia , i� � .
<br /> �. n atand�l�ma►rtgnKecinuae in fnvor of F3enefici:iry t�nd ehal!not be cancellable,termins�hlenr mrdf.f';ahlewitP�autten • �
<br /> ' t10)dAye prior•written notice to lieneficiary. TruAt��r r+hall prompt{y repair,mpintain and replace titeTcust F.�Cateor jl �
<br /> �( anspprtth�rnnfer+rthc�t,f•xre�ifnrordinarpwe:�sandtear.theTru�tNstnteHhtilinotdeteriorate.Innoevent4i*�t��the � '
<br /> , �` Tru�tor rummit wnNte un ur tu thE�'Fruat F:r;tat�•. '�--
<br /> � 4. Al'17t1Nti AFI�E/"►1ti/: '1'IiUti'1' 1:�7'A'PI�:. '1'ru;+t�rr eh:�ll Fipyear i»ancl cuntcxt any actinn or psoc�eding 1j � _�
<br /> :I purportin�c tu nffect the Eec•urit.y hcrrof��r the ri�;hlR��r puw�•re uf Reneficiary or Truater�, and shall�ay all coetsand � < �
<br /> � ' exp�t��.includ�n�t ra;+t of��vidc�neE•nPlitlr.ind�ttornc�y�H Ff'eri,in r�nY such nction or proceedin�,in which Bene�ciary ,
<br /> or'I'rurtee mi�y t�p�x�i►r. tihuuld T�u�tur f:�il to mr►ke nny p�ym�nt�►r tod�.any act r�H und in the mAnner proc-r,ded in �
<br /> � �j an�c+f the I,�iun Inetrumentsv,iienc�cit�rv andiorTru�tee.earh in its own diarretiryn,without.rbliRs�tion�sa tf�i3'�snd °� -
<br /> �' without n��tic��to��r clem.�r��i upu�t'I'rur+t��r:�nd with�►ut relea�in�Truetar frnm Any obli�;ntinn,may make Fr c�the _..��...... .
<br /> � . M�me in Mu��h mr�n��er unsl t�•Nuch��xtent nH eithrr ma�deem nee.ess�ry to prc�tect the xecuritv h��r��nf. Trust�;r:�ha11,
<br /> � Imm�9intrly upvn�lcm.�nd therefur hy Henefici.�ry,p�y nU r.usts nnd expenseb incurred by Henelici;ary in conner.tiun
<br /> � . with the exer�•i�+e by henrC�ri��ry��f tli�•fux��y;��in�;ritihtN,including without limitatian r.ostd nt'evidence of titie;cuurt
<br /> i cn�tM,ii�►prtiini�lri,vurvt�va ured r�tti�rn�}�'r+ferr+. Anti�kuch r��tit�:and exyen�e�nvt pHi��vithin ten l l��dnys nf c►ritten
<br />. . .. dr�wand«6i4l1 ifraw int�r��yt ti!th��ttc�iault r.rtc Y►ruvided in the 1�ut�.
<br /> ' :r. F:MINf:ti7'11115'IA(1`. �+huulrllhc�'I'ru4t�:�tat4�,�.�r:iny p.�rt thE�rtv�f nr intrrest therein,be�ken ardameged by i•
<br /> • rew�►w�uPia�y publk•impr��v�•mt�nt��r�•undE�tnnntinn pr�K�nrliny;,ur ir�.�r�y othe•r marm��r includin�deed in lieu of Condem- 'r
<br /> . , nrctiupt°f'crncfemntihnn"►.nrxh�sutd'!`ru5t«rrc��ice�r+m•notireorothrriRfi,rm�itionrr�;urdin�;KUChprorc�lin{�,Ti�lstosefittU ��
<br /> Kivr pn�tnpt writU�n nutirr therruf tu 14��nti�fieiary. lt�mf•fii•ictry r�h.�ii berrriiUc�tl tuall compE�nsation,awe�ds andother pay-
<br /> ment�►��r reliNf therefnr..iu�l HhuH tK����1titl�:d j�t iG+„�,t�„}�t��eumm��etrc�..�p�cur i:�«nd pn�r�:ute in i�y uwn nsime nny ucti�n ' , � .
<br /> , e�r��rrx�inKN. �M.'ne�c it�ry nhall h1M►Iw cntitlrvi t+�mi�k��r:my e��mpzomise�ur esettlement in c�,nneetinn with surh tatcing or ;-. -_ ---
<br /> �m�e. All�uel�c�u����►�n4uti���f,c�w:�rdy,da�may;►:w.rij:hte�r�f ac�tivn;�nd pro�jeds t�wurd��!G,7'rusWr�the"prooeeds"1 are . �
<br /> ' ' l::rehy aMiKnr�l U►Ik nefiriur�iuid'Crutiha ci�;n-cs to E•x�.�utF�tiui•h turth��r.��si�tnment�uf the Yrocvwd3 t�s�ienefcciary us �
<br /> � 'IY�rtae ttu►y.reyu�rr. . . • � St �
<br /> . _ .- • :� C1 y�i �tta �►(� FlI'�(I�{F l�l�li�l��ft'F:�if�ii►n rc�uvet of'Cruatw.'Pruxt�urlienefiriury et 7'ru8te�'s optiun,Pr�nr tfl reeon• . . , -.
<br /> , . �eyNncr�of�the 1'roperty tu 7'ruewr mny mek�future adv�nreK tE,'1'ruat�r.Such fnture�dvtince8,with int�7es!thereon,ehnll . .
<br /> , I,r�r:und by tttie IH.rt1�►t'i1roNe when f�virlrncc�ci hy pr�►missory antera HttltinK that anid notes,ure Hec�ured hereby. .
<br /> � ' ' (�. AI'1'tllh'�►�1t;iVT uF til!['t'F Ktit 1ti"i'Ftl��'TF;F;. liE�riE�fic�nry may. fw,m timE•t�,tim��.11v :��vritten insfrument :
<br /> Nxw�utrA,it11fl HI'Att��L�Il41(,;i'(I FtiV I�f'IH`�[`I.'iR,it1i11If'!�t��'!'ru�tcar anc#Iiecv�M�xl in the t'uunt�•in w}�i�•h thr Trust Estate is
<br /> �t.Mtitt�aittt l►y i�thf�rwisc e��mPlyin�w1Eh Ih��priwi�iunK��f thF�.epplir:�U►.��Iaw of the 5t:�tr��F;l�•b�r:«k:�huh�titute�i succrs.GOr �
<br /> OE 8U1'1Y�litITN�11(�1['�d�tl�Jtf'P t4At�14Yf.�li'YPItI lii tN'fJIiJ:tlf fPUh(�C�.
<br /> � . - --i. 41!!'t''i':�;i3 i i:fi� # '• '�; ` l lus i ' � t . . -
<br /> , _ t i*�:ii t �.�jt:, �. ,. .= li�•c�aiTru�i uy�plit�ti!�� ��2urc•w te�tli���4'llk��t��!'ai�d F,ind�f{!!p:irtiewhereta. �
<br /> -' t�t[�it hpirr�, 1r�;att�+•�,�it•�-trr+•>:.��ic;c��n.�E r�-T�rc4F���Etite��E::, s�uti�r�v„r.�md"ti`�tun:: '1'hF�te•rm"Ketre�ci�trc"�hti11 me.�n tht� � a�
<br /> owner nnt!ht�Idf�r�,�tfi►�•.:t�e�t�•.trf►r•thE�ur n��f nnmi�d r�� 1tt•n�•�E•i;�rs:l�rr�•in
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<br /> . � E1. �;�itiE'f:t"I�II.i!tiS (te���•Tt4�i�rc:e��itr:t��;ei�tr. r���rt�•�cnT;�tt�E:�„r t<<�rkmr�n tirr:iutFu�rire�i t��e�nti�r ut:inr re�.�surtaidr•
<br /> , ti�nn uyar�urin��ny E�:�rt��f fh��'tiust�;>,t�ih•fi�r th���urp���:rui 1r���K�r4in�t tiiet�cit�ec�nci fur th��purpn:�•of ix�rf��r�nuit,iiny e�f �
<br /> the�ac2s it ia�nuttr�t�r,rl c�•i���rt��r�i�i��el��r t1i��tc�mis of�uiti•+�f t�tY I,Ar.��t ttiNtrurnt�r�G�. t
<br /> � � • _ � , - � - - -- - � - - --c. _ .. . . . -- - � .
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