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<br />GEED OF TDUSt /Goble
<br />THiS ti1"OFTRuST. made this 7th' doyof Avril " , 1989 by and omongRichard B. and Renee J, Goble,
<br />8 amore 8961 Swarner, Lenexa, RS 66215
<br />(herein "Trustor "il; and Bank of Wood River whose mail'mg oddressP.0. Box 487, Wood .River , NE
<br />Owein "Trustee" and "Beneficiary"). Bank of Wood River
<br />FOR VALUABLE CONSIDERATION, including the indebtedness indentified herein and the trust herein created, the receipt of which is hereby
<br />ocknowlerlpid, Tanta irravocably grants, transfers, conveys, and assigns to Trustee, IN TRUST. WITH POWER OF SALE, for the benefit and
<br />secwiiy of Beneficiary, cinder and subject to the terms and conditions of this Deed of Trust.. the red property described as follows;
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<br />Lot 20, Block 2, Brentwood Subdf;tislon= Grand Islands'' Hall County, Nebraska.
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<br />TOGETHER WITH, all rents, profits, royalties, income and other M enefits derived from the real property; all leases or subleases covering tite
<br />real property or any portion thereof, now or hereafter existing or entered into, and all right, title and interest of Trustor thereunder; all in-
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<br />forests, estate or other claims, both in law and in equity, which Trustor now has or may hereafter acquire in the real property; all easements,
<br />rights -of -way, tenements, hereditamenls and appurtenances thereof and thereto; all oil and gos rights and profits, water rights and water
<br />stock$ otright, title and interest of Trustor, now owned or hereafter acquired, in and to any land lying within the right-of-way of any street or
<br />highway adoinkg the real property., any and all buildings, (ir!ttres, improvements, and appurtenances now or hereafter erected' thereon or
<br />belonging thereto, (herein referred to as "improvement" or "Improvements-h. and any and all awards made for the taking by eminent domain
<br />or by arty, proceeding or purchase in lieu thereof, of the whole or any part of tF,ir;�reat property.
<br />All'of the foregoing estate, property and interest hereby co"wepad to TruL' *`herein colfectively refer!vf 11p as the, 'property'°.
<br />THiS Nt M OF TRUST SHALL SECURE.
<br />(o) Tfis payment of indebtedness evidenced by Trusior's note ,f even ecia ,erewith in tl a principal se, ,--m of (foe ' �igycidred K;11jj: L—
<br />thousand t ilars (S 1.3n.00O.• 5, J. '
<br />together with interest ad the rote or rates proviuuc 1'�erein, (herein, logwl�v -with any aid all renew,It,. modifications, and extet;Ilvim, thereof,
<br />referred to as the "Note ") both principal and interest on the Note being payable in acco -{ince with the terms set forth therein, reference to
<br />wfnch is hereby mode. the final payrnimt of princ*"l and interest, if not soonet.paid and if no renewals, modifications or' extensions ore made,
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<br />due and payable on September• '
<br />(b) The performance of each ogreelnent'and=4:trnont of Trustor herein co--1 61ed; and
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<br />(c) The payment of any sum or nazis of moneywith interest thereon wliw-h Tray, be hereafter paid or advanced under the terms idbttis Deed of
<br />Trust.
<br />(d) Thvix7lmtenl of any future advances necessary to protect the security or any future advance mode at the cption of the parties; and
<br />(t1 TTw rpsrformoncc o f on obligation of any 0wr person named in this Trust Deed too beneficiary.
<br />TO ".CTECT THE ITCURITY OF THIS DEED Of TRUST, TRUSIOR HEREBY COVENANTS AND AGREES AS FOLLOWSr
<br />1. rerpjt At of fr> m*d etd Merest. Trustor shall promptly pay when due the principal of and interest on the indebtedne s evidenced by the
<br />Hole, area 4' olher charges and fees as provided in the Note, and the prfrtcipol of and interest on any Future Advances secured by this Deed of
<br />Trust.
<br />2. $Formerly of Title. Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property ltereby conveyed and
<br />has the tight to gront and convey the Property; the Property is free and clear of all liens and encumbrances except liens now of record; and
<br />Truster will warrant and defend the title to the Property against all claims and demands.
<br />3. IltAMosilirce oW Compli ee with Leers. Trustor sholl keep it* Property in good conclition oixf repair and shall not commit waste or per mit
<br />knpvirmenl or deterioralion of the Property and s},o!f cgrtirply with the provisions of any tease If this Deed of Trust is oft a leosehotd. No Improve-
<br />ment now or ttereotter erected upon The Property shall be altered, removed or demolished without the prior written consent of Beneficiary.
<br />Truster shall comply with all laws, ordinances, regulations, covenants, conditions and r ^sirictions affecting the Properly and not commit, suffer,
<br />or permit any act to be done in or upon the Property in violation of any low, ordinance, regulation. covenant, condition or restriction. Trustor
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<br />shall complete or restore promptly and in good workmanlike manner any improvement on the Property which may be damaged or destroyed and
<br />My. when due. oN claims for labor performed and materials furnished therefore and for any alterations thereof.
<br />4. hom mee. Trustor, of its expense, will maink in witb.inswors approved by Beneficiory, insurance with respect to the Improvements and
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<br />personal propirly, constituting the Property, against loss by fire, lightning, tornado, and other petits and hazards covered by standard extended
<br />coveroge endorsement, in on amount equal to of least one hundred percent of the full replacement value thereof and insurance against such
<br />other hazards ow in such amounts as is customarily carried by owners and operators of simulor properties or as Beneficiary may require fat its
<br />protection. Trustor will comply with such other requirements os Beneficiary may from time to time request for the protection by insurance of the
<br />interests of tt* respective parties. All insurance policies maintained pursuant to this Deed of trust shall no me Trustor and Oeneirciary as in-
<br />sureds, as their respective interests troy owar. and provide that there shatl be no cancellation or madification without no less Ihun 15 days
<br />prior written notification to Beneficiary. in the event any policy hereunder is not renewed on or before 1 S days prior to its elrpiratien duce,
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<br />Berteficfary may procure, such insurance in accordance with lite provisions of paragraph 7 hereof. 1ru =tor shalt deliver to Herrficiary tt,e Original
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<br />policies of insurance and renewals thereof or memo copies of such policies and renewals llrereof. lniture to furnish such insui o:�ce Iq litMor rr
<br />ret-lawaisas iv.l, at i �oytionrvf veriefida:y, constitute adefcult.
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