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<br />IC) 1 he rt'lpsymcn' m lull b)' TrustorlS) 01 ftII tlmou n\:\ advanced by BonoIICI~lIV. at Its optlon.tQ or on buM"!)1 TrustorlS) as protElctwaadvaneas
<br />aulhOllzed t\Orem. In tho loan agreemenl!S). or In other Instrumont(Sl whiCh l11llV bo glvon 10 eVldonco such advanccs. plus mtvrast on nil such
<br />advance'. payable as proVided 10 tha nolets). loan agrElement(n) or athN Instrumont\s)
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<br />(ell TI1" p.ym&nt ""I 1,,11 01 any l\nd all o\hN paM. fJr(\Sllnl or luture. <1"1'(;1 or (:ont1not'nl. dflbts al'<1 "nIHII!los 01 Tru,Ior(81 10 B(lnE't1clary of an)'
<br />"aluro whatloever.
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<br />ThiS Tru$t Deed wlll be due DeceJ.!l!l~.LJ-L._ 101L- or upon 11\(\ paymont in lull 01 nil slims secured hereby.
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<br />Trustorll) hereby warrlnt th.t Ihey hold Ifle IImplellllt to Ih..boVI duclll>ed property. Ihallhoy have good Ind IIwllll11\lthonly to d..d and encumber the ume.
<br />thl' SIIIO property is free Ind clllr 01 11I1.ans and ancumbrl"call. Mcapt onCumtll.nces 01 recorO. and that thUy Will warr.nt lno CI,teM salCl property agllnst III
<br />clalmanlt whDmsoever. Trust"rl') al." hereby Wilve and rellnqUI$h all nghts olaowElr ,homestead. dlSlro\)uhvtl shllre and exemplton In /Iod to the /Ibove desCfllled
<br />property.
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<br />TrullcM'(l) .w _It 01 tMm f\NtIttr CCWtMllt MId .... will BentIlcIMy as foNawa:
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<br />(1) To ply III ".na. judgmtntsor other usesslT1tln~lIgftlllal"ld Tru" Estalll. and 10 r;llly ;vllen due alltuas, renlS, fees or charges upona.ld TruSI EatatQ or under
<br />any I..,.. permit, lieanse or privilege usignt!CIto Baneflciary IS addlllonlll SecUflty tf' Ihm TrlJllt 1:'110d, ,"cludlng th;Jsa on public Clomaln.
<br />(2) To Insur.and keep Insured buildlnglland other Improvement. now on or heroallar pltu:eO on nld Trust Estate to the Slltlsf.cllon of Benellclary. Such
<br />Insurancetlhall belpproved by and dal)o&lllld wllh BenefiCiary. and endorsad With loss thllrel/nder pAyablo to 8eneflclary Anysums so received by Beneficiary mly
<br />be uHd to ply for reconstruction of Ihe dlttlroyldlmprovements or If nol so applied may. at the option of Beneficia"" be applied In payment of any Indebtedness
<br />maturecl or unmatured aecurecl by this Truat Deed
<br />(3) To keep all bull<llnga. fixtures an(! other improvements now on or hereafter ptaced on said Trusl Estate OCCUPIed .nd in gOOd repair. mllnlllnllnce and
<br />conOitlon and to neither commlJ nor perml' any aclS 01 wasta or Iny impllftoent Of the value 01 the Trust Estate. BenefiCiary mlY enter upon 'he Trust Estate to
<br />Inspect the same or to perform any aelS aulhoflzed herem or in the loan agreemenllSI
<br />(4) 'n the event Trustorl') flil to ply Iny Iiens.juogm.nts.a"a"",ents, taxes. renls. fees or charges or malnlaln any Insurance on the property. bUlldinge. fixtUlllS
<br />or Improvementsa. provided herein or In the loan agreemelltlf,). BenefiCia", may. at Its opllOn. make such payments or provide insurance. malnlenance or repairs
<br />and any ar "un: - paid the .for shall / 'tel: 'Ie part o' till' principal indebtedness aecured hereby. be Immediately dua anO payable anO bearlnluntsUrom tha data ot
<br />payment as prov.~1Id In the. ote(s) a. .lar. 'grtlllmt tIs). Theadvancemenl by Benehclary of any such amounts shall U'I no manner Iimitlhe right of Brlneliciary to
<br />declare Trustorl.) in dellbJll.or exerCise any of Benehclary's o!her rights ana ruml'lllilfll
<br />15) In the event Bene~pc<lt.ry lsa party to any Iit'gllion affecMg the security or Iha IllmQr lllls Trusl DEled. Including any action by Beneficllry toenfo~thjs Trust
<br />Deed or any suit In whV,;/t &ineficia",.s named I detendanllincluding condomnatlCf1 aod banllruptcy proceedings) BenefiCia", may incur expenseund 14v;ance
<br />payments for abstract lees. attorneys fM$ Ilfxcept to the oxtent prohibited bl' law). costs. expenass. appraisal lees and oth.rcherges snd any amounts so <<'tv4nced
<br />shan bKolI'ItI PI" of the prinCipalln~lt41nellS secured hereby. belmmlldlelelV flue and payablll "nd bear ,nterest (IS provlt1<'ld in IIIe loan agreement.s).
<br />(6) Any Iward. madeto TrustorlS) erthGi, successors by theexerclseo'emtnent domain are IIereby assigned to Benellcll",: and BenefiCiary Is hereby authoriZed
<br />to collect and apply the S6'71e In pallrr.en~ of any indebtedness. malure4 or unmatured. secured by fh.s Trusl Deed
<br />(7) In the event TrustO"S1'4elault lI\ Ihe payment when due of any sums securell hereby IpflnClpal. Inlerest, advancements. or protective advances). or fall to
<br />perform or observe any ~nanlS and condlllona contained herein. ,n Ihe notelsl. loan agreemenllsl. Qr any other '"strumenls. or any prOCeeding Is brought by or
<br />against Trustor!s) unCler any Bankruptcy laws. Benellclary may. at Its ophon. declare Ihe ent.re Indebtedness securlld hereby to be immedialely due and pay.ble and
<br />bear intere"at the O.f&ult rlla as provided In the notels) or loan agreement(s) and Benellciary may ImmedIately authortze Trustee to exercise the Power of Sale
<br />granted herein In the manner prOVided In the Nebraska Trust Deeds Act, or. 81 the option 01 Ihe 6eneflclary. may toreclosethe Trust Deed inthem.nner provided by
<br />Ilw for tha foreclosure of mortgages on real property. InCluding the appolnlment 01 a Recelvlu upon ex parte applicalion. notice being h~by expressly waived.
<br />without regard to t!levalue of the property orlhe suff,ciency Ihereof to discharge the Indebledness secured hereby or In the loanagreement!a). DeIly by BenefiCiary
<br />In exercising its rlghtll up.on defaull shall not be constrlle4 as a waIver thercol and any act 01 BenefiCIary waIVing any specific default shall not be construed as a
<br />wliver of any future delault If Ihe proceeds under such $l.'ellrforeclosure are tnsufllclenllo pay the total Indebtedness seclJ~ hereby. Trustorls) do hereby agree
<br />10 be personally bounl1 ~ ~y the unpalO balance. a"4 S/:r.eflclary shall be enMleIIlQ a drl(,cienl;Y Judgment
<br />(8) Should Benelicia~e'""ct to exercise the Pow~ cf SllJe. ilranted herem. BenefiCiary shllihollfy Tr~lslee who shall recoflt. publish and deliver 10 TruStOf\$i'SlJc:h
<br />NotIce of Def.ult and Nct;oe,af Sale asll'l€r.l (~IJJ/t;(f by law and Shall In the manner r:rq~;I~i?q by law selllhe Trust Estetll'(lt Ihe time and place of sale fi:l{l!d in !.he
<br />Notice ot Sale, eIther as a, w':'Qte or In SJaP813.':e 'ols. parcels or .tems and In such orllEr ltS' Ti',!'tp.<! s/10" daem expedient. Any person may bId at the SIIle mcludlnq
<br />Truatorls). Trustee or Benef,ciary
<br />(9) Trustor!.) hereby r.el;uesl a copy ':If any NotIce of Defaull or NOlice of Sale hereu"ear I" ,:.; ,na:ledYo '118m al fhe adOressles) set fo~ herein by certified mall.
<br />iiii) Upon de~Ult. &enr.-Clary. eltner In person or oy agent. wltn or wllnOul Dtinging a.hi' .;o.::tion or proceeding and with or without reQard to the value of tha
<br />property or thesutficiency thereof to diSChargathe InClebtedne" secured hereby. IsauthorlzeO and entitled to enter upon and take possession oflho Trust Estate in
<br />its own namo or 11'1 the name of the Truslee and 110 any acts or expend any sums II deems necessary or desorable to prolect or preserve the v,'ueof the Trust Estate or
<br />any Inte~ therein, or ,ncrease the Incometherelrom, and With or wlthouf taking possession of Ihe Trust Eslate is authorized tOSUl! fororolllt!f'W{i;$e collee1 tho ronts.
<br />issues. ClOPS. profits and income tllereol, Including those Plst due aoll unpaid. and apply Ihe same upon any indebtedness secured ~..by or in the loan
<br />agreemenl(S) .
<br />No rame4y hereon conlerreO upon or reserved 10 Trustee or BenefiCiary IS Inteneled 10 be exclUSive 01 eny other remeCly herein orey iaw provldll<!crpermiUed.
<br />but .ach shall be cumulative. snaU be 11\ adOltlon to eve", other remedy given hereunder or now or hereafter eXlsling allaw cr ,"'eqlllfy or by statutll.mnd may be
<br />exercised concurrently, Independenlly or succesSIvely. . ,
<br />(11) Trustor!.) aCknowledge that the duties anO obligations of Trustee shall be delermlned solely by Ihe express prOvltl ons <If trus ....ru~' Deed or the: ~l"3Ika
<br />Trust Deeds Act and Trustee shall nol be liable except for the performance of SuCh clulies and obllgallons as aro speclfiCtlilll set Ic".Il therein. and no i'mplilld
<br />covenanl1 or obligatons shall be .mposed upon Trustee; Trustee Shall not be liable for any actIon taken by It In good faith and reascrt~ly believed by It to be
<br />authorized or within the discretion or rights of powers conferred upon It by thIS Trus' Deed or slate law.
<br />(12) The Integrity and responsiD.llty 01 Trustorls) const.tutes a part of the conslderallOn lor the obhgalions securell herall)( Shot.td Toustorls) sell. transfer or
<br />convey the property described hereIn. Without pllor w"tten consent 01 Beneliclary. Benel,clary may. at .IS option, declara the entire Indebtedness Immedlatelydue
<br />and payable Ind may proceed in the enlorcement of Its lights as on any olher llefault
<br />(13) Assignment 01 RelllS Including Proceeds of Minerai Lease. Trustor(8) hereby Iransrer. set over and convey to Benoficla", all renfs. royallles. bonuses and
<br />delay moneys tflat maylrom time 10 l'Ole become due and payable under any real estate lease or under any 011. gas or other mineral lease of any kinO now existing or
<br />that mall herelfter come 1I\to existence. covellng the above Trust ESlate or any part Ihereof. All such sums so received by BenefiCiary shall be applied to the
<br />indetltednesslllCurlld hereby. or said BenefICIary may. at its optIon. turn over and deliver 10 TruSIOrls) or Ihelrsuccessors In Interest. any or all of such sums without
<br />prejudice to any of Benehcla",'S "9111S10 lake and retaIn future sums. and Wllhout s:;re!udlce 10 any of Its otner "9h1S under this Trust Deed. The transfer al)d
<br />conveyance hereunc1e!to,8eneflcla", of saId renlS. royaltl85. bonuses and delay mone,,;, shall be construed to be a proV's.on for the payment or reduction of the
<br />debt. subject to tilt' eer~'It:lary's opllon as herelnbelore prOVIded. Indapendenl of the lien on saId Trust Estate. Upcn payment in full of Ihe delJ~ and the
<br />reconveyance of nus T....-st Deed of record. III IS conve)'tnce shall become ,noperatlve and of no further force and eff~t .
<br />114 The covenanlS contained In thIS TruSI Deed 1I11"n be deemed 10 be sevsrable; in II',:, ey;,nt ~nat ailY portion of ttl,s.Trust Deed .s lIetermined to be volO or
<br />u nlo< ble. that determinat,on shall not aflecl Ihe validIty of the remaining portions of I Trust !leM .
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<br />STATE OF NEBRASKA
<br />HALL
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<br />COUNTY OF
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<br />December 88
<br />. A.D.. 19 _ , before me. a Notary Public. personally appeared
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<br />PatriCk J. McGuire. unm.a:rried~ a::d !4ark J. Messmer and Kristine M. Messmer, husband and wife.
<br />to me known to oe tlr:9 person(s} named In an.d ~ho executed the lorego:,.. ACknOWled9ment:Z:Trust Deed. and acknowledged
<br />the2r VOluntary act an~ -:: <ad..
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<br />(S~l!..p - -~-<--/
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<br />On this. 30th day of
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<br />My commission expires
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<br />(Type or prml name under slgnalurel
<br />Notary Public in and for Said County and State
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