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DEED .10 F . TflUST 10500'2.
<br />This DUD €IF TRUST is >.ade this�� day of August; .19$¢, by and among DAVID K. FRIES
<br />Ffii�3, 'husband: stmt ; wi[e, herein referred to $s, " Trustors, " • whose wail -ing
<br />- - RU24 utl _— arN�+hra�wlcs- fistEkirtt� --
<br />Corporation, hereinafter referred to as "Trustee," whose sailing address is &N.4 26, Cairo
<br />.M.68824: and TH8'STAT19 BALI[ OF CAIi6, a Nebraska Bt»eking•Corporation, hereinafter referred '
<br />to as "Beneficiary," whose nailing 'address' is Box 428, Cairo, NB 68824. ,
<br />_..- Fqr valuable consideration, Trustors irrevocably grant, .traxfsfer, convey and assign to
<br />.r Trustee, in,trust,•witb power of sale, for the benefit and security of Beneficiary,'under
<br />and subject - to'the terms and conditions of this,,Deed of Trust, the following described real
<br />property located in,'Hall, County, Nebraska:. `
<br />:Lot 2'aad the North Nalf.(Hl /2) of `Lot 3, in Block 119 Original Town of Cairo, Hall
<br />Nebhasll. - — -- — — -- —
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways,
<br />f, ea0ments, rights,.privileges and appurtenances located thereon, and all personal property
<br />that nay be or hereafter become an integral part of such buildings and iiprovements,'all
<br />crops raised thereon, and all water rightso all of which, including replacements and
<br />additions thereto; are hereby declared'to be a part of the real estate conveyed in trust
<br />j
<br />hereby, it being agreed that all of the foregoing shall be hereinafter referred to as the
<br />"Property."
<br />L
<br />, 'FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness evidenced by Trustors' note of even,date herewith it? the
<br />principal sum of $12,500.00, together with interest at the rate or rates provided therein,
<br />and any and all renewals, modifications and extensions of such note,' both principal and
<br />interest on the -note being payable in accordance with the terms set forth therein, which by
<br />this reference is hereby made a part hereof;
<br />b. The performance of each agreement and covenant of Trustors herein contained; and
<br />c. The payment of all sums advanced by Beneficiary !under the terms of this Deed of
<br />.Trust, together'with interest thereon at the rate provided in the note.
<br />d; The above amount is secured even though all or part of. it may not yet be advanced.
<br />Facture advances under the agreement are contemplated and will be secured to the .same extent
<br />As if made on the date this deed of trust is executed.
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST; TRUSTORS HEREBY COVENANT AND AGREE:
<br />A. to pay when due, the principfl of, and the interest on, the irdotedness evidence) by th_ rote, rnirgeu, fees aid all other sara m orovided
<br />in the loan iastraiente.
<br />1. Trusters are the owners of the property and have the right n^_d aatF.ority to eA °c9te this Ned of ff L^ respect tr the ps': ^p• g•
<br />J. To pay, On dae, all taxes, special assesaints and all other charges against the property, b(ior. tte sire tecoee d?lingaent. =rustor9
<br />shall pay all taxes aid assesel2nts :rich say be levier oYon 6eneflcl9!y's :rtere. t ereln or_apnn ills - P ?i of ;rest or the vbt sfrared rereby,
<br />without regard to nay law that ttay a *sated i1psing payient of t1-!. we,,l or ?•y.�arf there -* ,;,n the 6e:eficiary.
<br />4, To peep the i proveffents ^,Y or hereafter iuntej 0". the Dnperiy i ^,9arra 9'ainst da6age cy fire 9 *d SZSn ot'9r h r"IM9 u the P:'ne.lCtnry
<br />isy require, in aiount5 aid con anin acceptable to the 2en. fir.l3!y, 3:isr :escrRrc^ p] 1'-/ 91-311 ec'trin a sno.j.rd e)rtgtige clause in favor. of
<br />Beneficiary. trastor 5:.a11 nratptiy repair, enintaln aid reolre the''vrliprty or ry part tnerenf, s)'.'iat,.e4 ° ?pt frr irdinrj *:ar eai Lear, !h,
<br />property shall not deteriorate.
<br />i. In the erect the property, or any part thereof; 0.311 to taken by ni,',nt doenln, r .� ser(,,rivy +a en.itlel t. c 1;-..t ri r.celve ali
<br />coapensatio which Inv be paid for any property take:. or for !Mgq t,r; pf,,� -if Wont v d r:.v ?( -v f!C19!} :Llp {j 5:rt, at its
<br />option, either to a reductloa of the in ?bteftegl secve,1 'ereni, or to [ ^p,:: all m5t rP t;.? ;ri;Prty s" -;f.^ .
<br />i. the Beneficiary ny, but a ^all have no olint:an ts, :1,, any act vhis` fraton biro ur d tv, flll-j t� i), 9'1 �gf.firl4fJ e:f a.s, "?
<br />ail act it deers necessary to prate:L the ile: hoeenf•. ?zn story agree t'7 T ^:'ay, ; cn q�bt :i. all y09 'i tF'' Btreftrnry for `ra 355'/"
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