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<br /> 14M) OF Tray,-1104097:
<br /> Ibis DEEZ OF TE is made. ti'a.s 13"der of i~r3► a-ming
<br /> .
<br /> B i l l lr ~S. Brown and' Jane M. IBrc e- Ttu:~ta~~.j, tnd ~'1 e trere~r:
<br /> referred to as
<br /> rert r , w.i the orb r t►i ar e c , due ups. i+:, nS ad e%w.
<br /> P. ILI
<br /> CARO-1 ~ A-Dwt__ing firm, Fermi 'ter re!ferrerl to a.3 "7*mvzeee," whose ma:.i `tlmg'
<br /> address is fig-N-4-2-8, Ail,W azld M ,
<br /> Q~atxc nr:reix~r ftr~r referred to atr ~Y€ DP 41L''~ n.?"
<br /> i BePeifiicz.ary, whosf nr:i,i..l.. M. zt ajA i.% n`
<br /> For valuable consideration, Toantors', 3rr-
<br /> ~-vocahly grant, t,.mnsF. t~na,ty and ciFin:tpr ti:t7
<br /> Trustee, in trust, with power (Tf s.l"Je?, fccr t1-.,e» benefit and -tecuritx l3etxei'ir.iary.: ~c: ,cier
<br /> tr a~ subject to the terms and conditions t ,f tll.is Deed of Trttw~-at, the . 'o] ? &,-neg deary,. ,real
<br /> property located in Hall County, 'b'b..caska:
<br /> The South Half (Sh) of Lot 2, and the .'North Half (NJj)
<br /> c !of 3, in Block 2, Snrventh Addition to the Village
<br /> o" Cairo, ;fall County, Nebraska
<br /> t ,_;c.,.her with all bullddngs, improvements? '
<br /> rrrpx'overoEnts, ffixtures, streets, alleys, passageways,
<br /> menu, ri -,~,ts, privileges and appurtenances located thereon, and all V! -tonal property
<br /> tr-at; maY bo c:• hereafter- become an integral part of such buildings and iviTx'•.;,-ements, all
<br /> c:i°of,,s raised thereon, and all water rights, all of which, inrluding reel;ac-,!nents aM
<br /> rddition.-3 thf. reto, are hereby declared to be a part of the real estate conve:ycYd in trust
<br /> hereby, it 1o ing agreed that all of the foregoing shall be hereinafter r•.!t',:rred to as the
<br /> „Property,"
<br /> FOR 'I`iIE PURP'.]SE OF SMJRING:
<br /> a. Payment of indebtedness evidence) by Trustors° note of even date herewith in the
<br /> Pr,incipn,l sum of $-AQM-0-L, together with interest at the rate c.r ratc,s provided
<br /> therein, and any and all renewals, modifications and extensions of such r►ot~:, both
<br /> principal and interest on the note being payable in accordance with the to %•s set forth
<br /> therein, ifdch by this reference is hereby made n part hereof.';
<br /> b. The performance of each agreement and covenant of Trustors herein containecl; and
<br /> c. 7be payment of a=il.]. sums advanced by Beneficiary under the terms of this Dec,j of
<br /> "Crust, together with, interest thereon at the rate provided in the rota.
<br /> 70 Ptl17iE T TIIE MUMTY OF 'THIS DEED OF TRUST, 7RgF'I(M RMJ13y CUNW AW AND A(A=:
<br /> i. To pny when due, the principal of, and the interest on, the indebtedness evidenced by the note, charges, fern sad all rther sins as provided
<br /> in the loan instruments,
<br /> 2. Trustors are the +nmers of the property and have the right and authority to execute this Deed of frost in reupect to the property,
<br /> 3. To pay, when due, all taxea, special ansesssects and all other charges against the property, before the salve became delinquent, Trustors
<br /> shall pay all taxes and asseaseents which may be levied upon Benefieiar; s interest herein or upon this Deed c!
<br /> without regard to any law that say be enacted imposing payment of the whole or ens Wt thereof span the Beneficiary. t or the debt secured hereby,
<br /> 4. To keep the inproverents nov or hereafter located on the property insured against damage by fire end such other hazards is the Beneficiary
<br /> U1 require, in aaouat,s end corpaoies acceptable to the Beneficiary, Such insurance polio, shall contain a standard mortgage clause In favor of
<br /> Beneficiary, Trustor shall promptly repair, maintain and replace the property or any par iAhereof, so that, except for ordiw i weir r.rt tear, the
<br /> pioNrty shall not deteriorate.
<br /> S. the evert the property; or any part thereof, shall be taken by eminent douir,,, the Beneficiary is eatitled to court and tcei:r all
<br /> -Wease(.ion which my be paid for any property taken or for damages to property not taken, and the Beneficiary shell a !
<br /> optics, tither Gi a reduction of the indebtedness secured hereby, or to repair and restore the property so taken, pp y suet r>•peaxation, at its
<br /> 6. The Beneficiary say, but shall have no obligation to, do any act which Trustors
<br /> ,any act it deea:t nece*sary to ;rotect the li love agreed but failed to do, and the Beneficiary rem also do
<br /> en hereof. Trustors 'free to repay, up:,, 4nand an sure sa exptnded b the 8tnr!cj4ry for
<br /> ,purposes, and any sum co erpetl d shall be added to the indebr,eduss secured hereb)` and becose secured by the lien hereof. Ti.eibeneficiiryhshallvw
<br /> incur any liability because of anything it aay do or omit to do hereunder,
<br /> T. The Beneficiary shall, have the right, power and authority during the continuance of this Deed of Trust t., ;allect the rentw, issues a
<br /> profits of th,! property and 01' any personal property located thereon with or without Ad
<br /> takiJ
<br /> henry absolutely and unroridit,ianally iswign all such rents, issues And profits to the beneficiary. the beneficiary, howterr hh,~veby, and Trustors
<br /> t"tors' ce'llectian and retention of such rents, issues and profit,, as long is *tus'.ots are, not, at such time, inydefaul'. with r,.apectntonpeysent of
<br /> ty indebtedness secured hereby, or in the, performance of any agreesent hereunder. If any, event of default described hereafter in respect to this
<br /> Deed of Trust shall have occurred and be continuing, the Beneficiary, as a ratter of right and without notice to Trustors or 6ayone claiming under
<br /> Trustors, and without retard to the value of the trust estate or the Interest of the, Trustors therein, shall have the right t:. Apply to any court
<br /> having jur(adi.cki~ .6 4rhint a receiver of the property,
<br /> The Beneficiary, or its agents, are authorized to enter at an; reasonable time upon or in any part of
<br /> by iruxTruingars. the save and for th; ;arpose of performing thr.praperty for th
<br /> by the purpose of
<br /> any of the actz they are authorized to perform under the terra of any loan instrureats
<br /> executed
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