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L <br />t <br />STATE OF NEBRASKA <br />COUNTY OF HALL ) ss <br />On this 7th day of April A.D_,19...89 , before me, a Notary Public, personally appeared <br />5t:even D. ?_opt lei;_ nil Elaine S. HoS ter, husband and wife <br />t;7 rte knowl ra to Ise ;x_ev'r.fs) namr-,41 in and who executed the torega iii 40, -Owtedgntier.! and Trust Deed. and acknowledged <br />that thoy th_ voluntary act _nd dee <br />1 Si'iaWSWUM a &1fVJ 4 <br />SEAL) GAMMA <br />If ybft iG gr. la 10 :. Sandra S <br />(Type or print name under 3ignaturoi <br />IMY commission expires Plot: • Notary Public in and for said County and Sri til <br />M <br />m <br />z <br />a <br />c <br />1 <br />O <br />.-) <br />i <br />1, <br />O <br />Z <br />M <br />7 <br />r <br />a <br />u <br />w <br />a <br />a <br />r <br />7 <br />Y <br />l4 <br />1d <br />Ps t <br />gg-- 101784 P��,2 <br />(c) The repayment in full byTrtistor( s) ofaltamountsadvancedbyBeneficiary, atItsoption, tooronbehalfofTrustor (s)asprotectiveadvances <br />authorized herein, in the loan agreerent(s), or in other instrument(s) which may be given to evidence such advances. plus interest on all such <br />advances, payable as provided in the note(s). roan agreement(s) or other Instrument(s). <br />(d) The payment in full of any and all other past, present or future, direct or contingent, debts and liabilities of Tirustor(s) to Beneficiary of any <br />nature whatsoever. <br />This Trust Deed will be due March 1. 2009 or upon the payment in full of all sums secured hereby. <br />Truator(s) harabywarrantthatmay hold fee simpletittstotheabovedescribad property, that they havegood and lawful authority todoedandaricumberthe same, <br />that said property is rreeand etear of all items and encumbrances, except encumbrances of record. and 1hal they will warrant and defend said property against all <br />Claimants whomsoavar. l rustor(s) also herebywaive and relinquish all rights of dower, homestead. distributive share and exemption in and totheabovedescribed <br />propeny- <br />Truder(s) wA am* of thus further eoversant and spa few► •eriellcI&V as foaowac <br />(1) To pay all liens, judgments crotherasses ments againstsaid Tnist Estate, and to pay whon due ell taxes. rents. famorchairges upon sold Trust Estaloor under <br />any lease, permit. license or privilege assigned to Beneficiary as additional security to this Trost Deed, including those On public domain. <br />(2) To insure and kep insured buildings and ottror Improvements now on at hereafter placed on said Trust Estate to the satisfaction of Bensigcfary, Such <br />ihsuranceshall be approved byanddeposited with Beneficiary, andendorsedwith loss thereunderpayable to Beneficiary. Anysumssbrecelved byBerufsciatymay. <br />be used to pay for reconstruction of the destroye4improvements Or if not to applied may, at the option of Beneficiary, be applied In payment otany fndebtednese <br />matured or unmatu ed secured by this Trust Deed. <br />(3) To keep all buildings, fixtures and other improvements now on or hereafter placed on said Trust Estate occupied and In good repair, maintananoe astd <br />condition and to ned"rcommit nor permit any acts of waste or any impairment of the value of the Trust Estate. Beneficiary may enter upon the Trust Estate to <br />inspect the same or to perform any acts authorized herein or in the loan agreement(s). <br />(4) in the eventTf ustor( s) failtopayanyliem ,judgnients,assessments.taxes, rents, fees or charges or maintain any insur anceson the properIy .b,1:.d:.irgrJjxtures <br />or improvements as provided herein or in the loan egreement(s). Beneficiary may. at its option. make such paymirks or provide Insurance. frisibTfolliworce oK tapirs ' <br />and any amounts paid tho rstorshall became p;, 1' clMe principal indebtedness sw. Lre d hereby, be immediately dus and payable and bur interC*gtr ,yf±;the date of. _ <br />Payment " VairjdaC firs the note(s? or Ian AS. rew-,wi(s). The advancement by s1rWFciary of any such amou.-tsstimll in no manner IlMilthe rt iirl 8 ficiYki[y ". <br />declare Trustor;s;, r default Sehaficiary'aottrer rights and i o.{tS : <br />5} tntheeverw ^r i ar�.s, }ai?yEaa ^y t:! �nfonatfea(nZt_*r_secuhty oftr.•sTrue:Deed.rnwn Any labor? refieiaryce$rr, isTruia::,..: <br />Owdoranys: sit;.* 9rpiiNarift7vigis named acWerdartf and bankruptcypr ocaedtngsi8a:eL'cs;irg� ;r arexAerrpe ,as�varrce <br />�aymarsgtorafs Fir : :anrfeysfees(excilx_ b y' ar. ?7.sets, expenses. appraisal toesa aCarc•sa X1 datybTrariastnadvanced <br />0411 become m"t hy.' taerm^ tCa^ a!,; uxa and payableand beer interestaspro v :daC.- ; die loan ac, nam"* (a). <br />(8) Anyawi5 'ni1a"'fft3'•• �St' 7r( 8) orthercJ« 7�HSSJ�S 'Jlth ^c3.:s."t.sa:'er.re r• 1: mainareherebyassignedtc8e^ etiaary;ardGerefiVVyishemLyauthorized <br />tct Cof(eCt and a(,,i y:t ra same in payrnent of any mauls Or nnlly ?Q, secured by this Trust Deed. <br />131 In tee ever• ""r w.Yr :3', 4?ia,rf ip ttie f_8 a i 61y su: Z Saz: ec hereby (principal, interest, advancements, or protactive, advances), or fail to <br />ptzft�'iriorobsttn�eery ig :� :�_a �,� Ctrs•_ ��a`" rMherei^; r, t! �2` aoe; 3j;!' anagreementfs), or any aMerosthlments ,orany proceeding is brought byor <br />e��nstTrusfG-(s,an�e- tr.v8sr; :pis! irrevs. aa- iY5: ary may, atltsoption, ae�!-a2• tt eentuerndebs ednessaecu: ed hereby tob eimmedidtatydusand payable and <br />, bear Interest at',1.7E.c ra.i intha, W. e( s) or loan agreement (s)a'r3:G8neficrary may immediately suihorize Trustee to exercise file Power ofSale <br />' 4-anted herein in r. 'emannerprnvtmCin the Nebraska Trust Deeds Act, or, at theopilion of the Beneficiary, may foreclose the Trust Deed in the manner provided by <br />aw for the foreclosure of monsa," on real property. including the appointment of a Receiver upon ex pare application, notice being hereby expressly waived, <br />rrthout regard to the vatueof the property or the sufficiency thereof to discharge the indebtedness secured hereby or In the loan agreement(s). Delay by Beneficiary <br />in exercising its rights upon default rahzll not be construed es a waiver thereof and any act of Beneficiary waiving any specific default shall not be construed as a <br />waiver of any future default. If the proceeds under such sate or foreclosure are insufficient to paythe total indebtedness secured hefaby. Trustor(s) do hereby agree <br />to be personally bound to pay the unpaid balance, and Beneficiary shall be entitled to a deficiency judgment. <br />(8) Should Bentificis rValect to exercise the Power of Sate granted herein. Beneficiary shall notify Trustee who shall record, puWath and deliver to Trustor(S) such <br />Notice Of Default and Notice of Sale as then required bylaw and shall in the manner pfOvidod bylaw sell the trust Estate at treat tune and place Of sate fixed in the <br />Notice of Sale, either as a whole or In separate Iola. parcels or items and in such order as Tfunt(ioShalf doom expedient. Any patyon may bid at the sale including <br />Trustor(s), Trustee or Beneficiary <br />(9) Ttustor(s) herebyre questacopyofanyNoticeofDefaultorNoticeofSatohereunder totomailedTOtnematTheaddress (eri) setforthhereinbycertd!edmail <br />(10) Upon default, Beneficiary, either in person or by agent. with or without bringing any action or proceeding and with or without regard to the value of the <br />property or the 9 ufticiency thereof to discharge the indebtedneSSSecured hereby. is authorized and entitled to enter upon and takib possession of the Trust Estate in <br />its own name Orin the name ofthe Trustee and do any acts orexpend any sums it deems necessary or desirable to protect orprmerve the value of the Trust Estate or <br />any Interest therein, or increase the income therefrom, and with or without taking possession of the Trust Estate is authorized to rue foror otherwise cahoot the rents, <br />issues, crops, profits and income thereof, including those past due and unpaid, and apply the same upon any indebta- Crxlss secured hereby or in the loan <br />ogreement(e). <br />No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to beexclusive of any other remedy hisraln or bylaw provided or permitted, <br />but each shall be cumulative. shall be inaddition toevery other remedy given hereunder or now or hereafter existing at law or In equity or by statute, and may be <br />exercised Concurrently, indeja : iM ntly or successively <br />IT 11 Trustor(s)acknowledge9 atthedutiesandobligationsofTrusteeshaltbedalmminedsafetybytheexpressprorrslorsofthisTrustDeedor theNebraska <br />Trust Deeds Aip an', Trustee shall not be liable except for the performance of such duties and obligations as are specit Catty set forth therein, and no implied <br />Covenants or W.,Za:onssmall be imposed upon Trustee. Trustee shall not be liable for any action taken by it in good faith and reasonably believed by it to be <br />d6if+orized or w :hm the discretion or rights of powers conferred upon it by this Trust Deed or state law. <br />(125 The integrity and responsibility of Trustor(s) constitutes a part of the consideration for the obligations secured hereby. Stould Trustor(s) sell, transfer or <br />�c <br />=irvay thopropertydescribednetein, without prior written conseril c` Beneficiary. Beneficiary may. at ilsoption, declare the enVre rdebtedress immediately due <br />and payable an0 may proceed in the enforcement of its rights as or` a ^y other default. <br />(13) Assignwier' a1 Rents including Proceeds of Mineral Lease 'rws or(sl hereby transfer, set over and convey to Beneficiary a,t rents, rolta!�es. bonusesand <br />delay moneys t?ia!•rthy tromhnme totime become duesnd payable ::. ^ -zer any realel•ato leaseor undor any oil, gas or c ",er mineraj lease of an yie i ril now existing or <br />that may hereafter come into existence, Covering the above Trust Estate or ary part thereof. All ouch sums so fe0?rved by Zov eficiary si^a') be applied to the <br />indebtedness seC:.rsdhereby. or eti0 Beneficiary may, at its option, turn over and deliver to Trustor(s) or their successorsiainl�rrtisa :. arty ora•: ctsuch sumswithout <br />prejudice to any of Sene'ic,arps ilghtsto take and,retam future sums, and without prejudice to any of its other rt,hts under ^'s Trust Deed The transfer and <br />Cnnveyance herei :n;er !o6Er,Y gory of said rents. royalties, bonuses and data;! moneys shall be construed to teaprovision tot tee payment or reduction olthe <br />debt, subject M i"•s Sonehciar/* s option as herelnbefore provided, indepenay;^ of the hen on said Trust Esa'> Upon payment in full of the debt and the <br />reconvayance o1'r $ Trust Deed of record. this conveyance shall become inopen^.ver and of no further force and effect. <br />(14) The coveran:s contained in this Trust Dears shall be deemed to be several-Ve, to the event that any portion of this Trust Deed is determined to be void or <br />unenforceable, that determination shall not affect the validity of the remaining portions of tho Trust Deed <br />/ <br />Steven D. Hostler ---- Elaine S. Host <br />L <br />t <br />STATE OF NEBRASKA <br />COUNTY OF HALL ) ss <br />On this 7th day of April A.D_,19...89 , before me, a Notary Public, personally appeared <br />5t:even D. ?_opt lei;_ nil Elaine S. HoS ter, husband and wife <br />t;7 rte knowl ra to Ise ;x_ev'r.fs) namr-,41 in and who executed the torega iii 40, -Owtedgntier.! and Trust Deed. and acknowledged <br />that thoy th_ voluntary act _nd dee <br />1 Si'iaWSWUM a &1fVJ 4 <br />SEAL) GAMMA <br />If ybft iG gr. la 10 :. Sandra S <br />(Type or print name under 3ignaturoi <br />IMY commission expires Plot: • Notary Public in and for said County and Sri til <br />M <br />m <br />z <br />a <br />c <br />1 <br />O <br />.-) <br />i <br />1, <br />O <br />Z <br />M <br />7 <br />r <br />a <br />u <br />w <br />a <br />a <br />r <br />7 <br />Y <br />l4 <br />1d <br />Ps t <br />