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89-* 162090r,
<br />Rao OF TRUST
<br />d 1 h of A0r1 1 _ 19 89 by and omtxt9 T *X J Toner and Rose .
<br />tnr�u>310� Ehts�e s Grand Island, NE 68803
<br />whose O"Wirg ar�dress is
<br />(lierob ` Truster"): and Bank of Wood River , whose ewijinp addressp .0. Box 487 Wood River 83fi
<br />(1lerein "Trustee- and "Ba1ef Mary ").
<br />FOR VALUABLE CONSIDERATION, including the indebtedness indrentilied (ieroin and the trust herein created, the receipt of whisk is hereby
<br />ockriow edged, Trusts irrevocably groats, trOrWirs. conveys, and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and.
<br />*W.tor$ re fho t mt end renditions of this Deed of Trust, the real property described as follows:
<br />TOGETHER WITH, all rents, profits, royalties, income and other. benefits derived from fire real property; all teases or auGleoses covering Ilre
<br />title interest of Trr:stor thereunder; all in•
<br />real property or any portion thereof, now or hereafter existing or entered into, and all right, and
<br />terestsn. estate or other claims, both in law and in equity, which Truster now has or may hereafter acquire in the reef: ;ropertyr ail easements,
<br />righ)s.-af -way. tenements, hereditaments and opptrrtenonces thereof and thereto; all oil and gas rights and pro6tifi s, wo'eir rights and water
<br />hereafter acquired, in and to any land lying within the n. -IfIf f- cf -ti•+uy of nny street or
<br />stacks ell right. tMe onxf interest of Trustor, nary owned or
<br />highway odicining +tite real properly, any and all buildings, fixtures, irnprovetnenis, and opwurtenu—nces 110-1 t;r hiespaf+nr 1prf fed thereon or
<br />"improvernents" made fcr the t:fiittiffb f eminent domain
<br />belonging thereto, (herfs^relerred to as "Improvement" or )i and any and all m-*,;r1s
<br />or by;tiny proceeding or vir;e-lwasi+e'si lieu thereof, of the who4^ or any part of thereat property.
<br />All idf the forW.ingr ess01e, property and interest hereby mrreyed to Trustee herein soltetttvely referred to as 1,ho "Property".
<br />TKIS.DEED OF T- RUST SHALL SECUREr nine tY- rf„1Gr, _
<br />(a7 The of indebtedness evidenced by Trustor s nole o1 even .$ute herewith in the principal sum af_
<br />payment 95 `QOtrs.r+p
<br />thousand and.no/100 Dollars (S
<br />ffterein, (herein, together with any and all renewals, modiVicaarans, trod extensions thereof.
<br />togelbber with interest of the role or rates provided
<br />relerre4lo as t#wts• "Note ") both principal and interest on the Note being payable in accordance with the terms sal iarttt therein, referertue to
<br />which is-hereby rzn�;e, the final payment of principal and interest, if not sooner paid and if,no renewals, modifications or exRtrsions are :hide.
<br />due and P�Yoblt � Aril 15 2004
<br />(b) the performance of evA,:gesment and covenant of Trustor herein contained; and
<br />may be hereafter paid or advancers undnr tha rartns of this Deed of
<br />..
<br />(c) Tttepoymen1 of any sum or sums of money with interest thereon which
<br />Trust.
<br />(d) The payment of any future advances necessary to protect lire security or any future advance made of the option of lire parties. and
<br />:
<br />(e) Ilia performance of an obligation of any other person nonted in this Trust Deed to a beneficiary.
<br />TO PROiECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br />1. ►eyment of rrindpel end interest. Trustor shotl promptly pay when due the principal of and interest on Otte indebtedness evidenced by the
<br />interest on any Future Advances secured by this Deed of
<br />Note, Ord all other chorges and fees as provided in Fite Note, and the principal of Gild
<br />irust.
<br />2. lwerrenty of Title. Trustor is lawfully seized and possessed of good and indefeasible title and estate :a cite Property hereby conveyed and
<br />liens encumbrances except liens now of record; and
<br />but lice right to grant and convey tine Property; the Property is free and clear of all and
<br />Irustor will warrant and defend file title to the Property agoinst all Icla'rnrs and demands.
<br />3.1MeistensoKe and CompRonce with Lew$. Trustor shall keep the Properly in good condition and repair and shall not commit waste or permit
<br />impairment or deterioration of the Property and shoji comply with 1110 provisions of any lease if this Deed of Trust is oft a leasehold. No improve.
<br />mesaA now or hereafter erected upon the Property shall be altered, removed or demolished without the prior written consent of Beneficiary.
<br />affecting the Pr :%r3Pty and not conmtit, suffer,
<br />Tr%w,tse sj'�r iy with all laws, ordinances, regulaticns covenants, conditions arrd restrictions
<br />or jrw. *i vq ec14 fit➢ be done in or upon tine Pmervy 1; vi�lvtion of vrr to , ordinance, reglrlat ter+, rovennr:, ;and: ^ten r :,restriction. '1rt;;tor
<br />t improvement on the Pry;, s;y which may darray �3 ar destroyed a nd
<br />shall,t.mT. egte.;ax.reslore p+4^-t `iY and in g7oa w:�k�rrr�r�Y)ke marr- in
<br />trr}erd'uo, all claims for to4w, performer *;-d rrewildJs furnished therefore and for oily altenTnits thereof.
<br />pay,
<br />3e10 eet„ir. Trustor. o' " +s2;tpense, wilt rmintabt ep -h insurers approved by trertelkiarv. cns:rante with respect to 0119 imp10ve:7+enls a113
<br />the Property, against loss by fire, lightning, tornado, s :� W afhsr <<ris and honxds covered by stmzda; -d extev ied
<br />:
<br />petsonof pf We rty, constituting
<br />ersement, in on amount equal to of feast one hundred percent of the 10.11 reptcr�r +s .a value thereof and insurance against such
<br />d+i
<br />coverage
<br />other hazards and in such amounts as is customarily carried by owners and operators of simulor Frsperlies or vs Beneficiary may require for its
<br />protection. Trustor will comply with such outer requirements ns Beneficiary may from time to titne request for the protection by insurance of the
<br />interests of Ile respective parties. All insurance polities ntuintoined pursutud to this Deed of Trust skull nanse Itustor uud heneficittry os in-
<br />be or modification without no less 111(111 15 days
<br />sureds, at their respective interests "toy appear, and provide that there shnil slo cancellation
<br />prlor.wtittere notification to flenefiti(ity. In lire event any puticy hereunder is slut renewed ofr or before )S tlnys prior to its e> { +irutivn dtrt,,
<br />f L
<br />BAtlniki+iry may tploture Such instrtt:nte in uccoldunce with the 1110visienr; of portntr ill) 7 her col . 1141;1(11 &11(111 deliver to ifeftncf Tory th••
<br />ppli0ec of invedrmrte std I Vito WON 111p_reuf or Munro t%ices of such polluet and tPIMAals 111M cot III IlUI P 10 fur nick su.h in5tlr tun ""Y Luslot . as
<br />roirbwl,ti ciY t/!tiitJCd tSe ietlr[r1,yt S1:4Sii; fit the utpliwi of fle4teittim y, (wislit{11e (i delault .. _
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