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<br />89b= 100772 DEEDOF TRUST
<br />THIS DEEDOF TRUST. madethte • 12thdayof January -19 $ by and among :'teye & Janet Rainforth
<br />husband & wife whose malting address is (Straet) fit. 1 t Box w8 (city) Doni nhan
<br />. 63832 Bank of Doraphan
<br />(State and Zip) (Mtefn "Trostor'T; and whose
<br />mallingaddressts(Streeit) Box 3 (city) Boni Phan (StateandZip) HE 68832
<br />(Heroin "Trustee "$and Bank of Doniphan ,whose mailing address Is (street) Box 8
<br />(city) Doniphan (Stateandzip) im 6$332 - .(herein "Bensficiary'l.
<br />FOR VALUABLE CONSIDERATION, including the Indebtedness Identified herein and the trust herein created. the receipt of which Is hereby
<br />ac ,Trustor irrevocably grants, transtera, conveys, and assigns to Trustee, INTRUST. WfTH POWER OF SALE, for the benefEt aired ester-
<br />try o�18�aty, under and subject to the termsand conditions of this Deedol Trust. the real property desorlbed as follows:
<br />The _ South Half of the Southwest :darter (St-SWJ of SK cx•i-or (30),
<br />in Township mine (9) Northr,, :ia�:�2 -fen .(10) ;lest of the 5th RK. Ili ila7�I
<br />County, Ilebraska, except, a± tl. rlafrom a. certain tract of grolmd'mor°e
<br />particularly described in a quit claim deed res orded in Book 138'
<br />Pace 331 as the sawr'ne is on file i.n the office. of the AeZister of Deeds .
<br />of Nall County, Nebraska.. :.
<br />TOGETHER WITH, all rents, profits. royalties, Income 21.1%4 'er to wilts derived from the real property; all leases or subtseses covering the real
<br />property or any portion thereof. nowor hereafter Into. and all right, title and Interest of Tru slor thereundw+; all Interests, estate or
<br />tither claims, born in law and in equity, which Trusfhi aw lta3 Wr may nereafter acquire In the real propertiiy;.s?I easements, rights -of -way, lane.
<br />ments. hereditament& and appurtenances thereat ant tf.eWw, W all and gas rtghf$ and prof it% water wa.rk �rpck; all tight, title and
<br />Interest of Truster, now owned or hereafter acquired, in and to arty land tying wit{7rn the r1gh7.-cf way of ant's; fi or adjoining the real
<br />property, any and all buildings, fixtures. Improvements, and appurtenances now .rr hems t er erected theret z, thereto. (herein
<br />referred to as "improvement" or Impmvemants" ►; and any and all awards made,foc t f tm CiKiad lty eminent doniiin. or•t le arty proceeding or pur-
<br />chase In lieu thereof, of the whole or any part of the real property.
<br />All of the foregoing estate. property and interest hereby conveyed to Trustee ft reran collectively referred to asthe "Property".
<br />THiS DEED OF TRUST SHALL. SECURE: :
<br />(a) The payment of Indebtedness evidenced by Trustor's note of even date herewith In the principle sum of Chi rr 4 1* 6 -.'ar Th o r s an d
<br />Dollars i:3 4,000.00 ), together with Interest at the rate or rates provided theraini.(heratin, MUeiher with any and all
<br />renewals, modifications. and extensions thereof, referred to as the "Note ") both principal and Interest an file fhvls being payable in Erxordance
<br />with the terms est forth lhateln, reference to which Is hereby made, thl firbit payyrrenl of principal and trrterest. If not sooner paid and it no
<br />renewals, modifications orextensions are made, due and payable on 7 —y 7
<br />(b) The performance of each agreement and covenant of Trustor herein contained. and
<br />(c) The payment of any sum or sums of money with Interest thereon which may be hereafter paid or advanced under the terms of this Deed of
<br />Trust,
<br />(d) The payment of any frtlure advances necessary to protect the security ar any future advance made at the option of the parties; and
<br />(e) The Wformanceof anabtigalIan of any other person named In this Trust Uwdto a beneficiary.
<br />TO PROTECT THE SECUR3TV'0FTWS DEED OF TRUST, TRUSTOR HEREBY OOVENANTS AND AGREES AS FOLLOWS:
<br />1. Palwmd of hiridpai and interest. Trustor shall promptly pay when duetite' principal of and Interest cn the Indebt4dness evidenced by the
<br />Note. W48Nothercharpes end fawn provided in the Note, and the principal of stall Interest on any Future Advances secunid by this Deed of Trust
<br />2. Wanatityef TNN. Tnsrfor is lawfully seized and possessed of good and fndate asibte title and estate to the Property Nkaby conveyed and has
<br />the right to gfent and convey the Property; the Property is free and. 098101411 liens ar}d encumbrances except Ilona nQ0 of record; and Trustor
<br />will warrant and defend the title to the Property against all claims anddemands.
<br />3. MoMleitance and Compliance with Laws. Truster shall keep the Property in good condition and repair and shall not commit waste or permit
<br />Impairment or detarloration of the Property and shall comply with the provisions of any tease if this Deed of Trust Is on a lessehold. No Improve.
<br />meet, now or Hereafter erected upon the Property shalt be allured, removed or demaildind without the prior written consent of Beneficiary. Trustor
<br />shall comply with all laws, ordinances, regulations. covanants, conditions and tIIatlt .flans affecting the Property and not commit, suffer, or per -
<br />mlt any act to be done In or upon the Property In violation of any law, ordinance, regulation, covenant, condition or restriction. Trustor shall coal
<br />plots ac evatore promptly and to good workmanlike manner any linpinvament on the Property which maybe damaged or destroyed and pay. when
<br />due, 0.1 elaitrbis for labor performedsnd materials furnished thersfiais and for any alterations thereof.
<br />A. inswsnee. Trustor, at Ifs expense, will maintain with Insurot s Wprovad by Benef Iclary, insurance with respect to thelmprovements and per•
<br />so ^al property, constituting the Property, against toss by fire, lightning, tornado, and other perils and hazards covered by standard extended
<br />coverage endorsement. In an amount equal to at least one hundred percent of the full replacement value Iftcrsol and Insurance against such
<br />07-r r hYrards and In such emounts as is customa+ily cm ried tly owners and operators of similar properties or as Beneficiary may require for its
<br />ArM*Mion. Trustor will comply with such other requisernents as Beneficiary may from time to time request for the protection by Insurance of the
<br />indecests of the respective parties. All insurance policies malntalned pursuant to this Deed of Trutt shall name Trustor and Beneficiary as In-
<br />surads, as their respective Interests may appear, and provide that there shall be no cancellation or modification without any less than 15 days
<br />pilot written noti t etlon toTrustes and Beneficiary. In theevent any policy hereunder Is not renewed on or before 15 days prior to its expiration
<br />date, Trustee or Beneficiary may procure such Insurance In accordance with the provisions of paragraph 7 hereof. Trustor shall deliver to
<br />Beneficiary the original policies of Insurance and renewals thereof or memo copies of such policies and renewals thereof. Falture to furnish
<br />such Insurance by Trustor, or renewals as required hereunder Oall, at the option of Beneficiary, constitute a default.
<br />5. Taxes. Asessamode, and Charges. Trustor shall pay all ida ovs, assessments and other charges. Including, without limitation, fines and Im•
<br />positbns attributable to the Properly. and lessehold payments txv ground rents, If any, before the same become dellquent. Trustor shall promptly
<br />furnish to Beneficiary all notices of amounts due under this pbragraph, and In the event Trustor shall make payment directly, Trustor shall prompt-
<br />ly furnish to Beneficlaiv receipts evidencing such paypiewt!a. Trustor shall pay all taxes and assessments which may be levied upon
<br />Berreticlery's interest herein or upon this Deed of Trutt. w(Ur,=: regard to any law that may be enacted Imposing payment of the whole at any
<br />Carl thoteof upon the eeneilciary.
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