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<br />MCI a"M 90-405532
<br />THIS TRUST DEED. made this _ 24 t It __ day d St'PL v b4 r _ tF! `!l t , by end ernong Dick L.
<br />wDowd and Hairy Ann Dowd• husband and Wile P.o. pox 211, Aida, Nk. 68810 _
<br />Mddtifo
<br />(hMaM1 "Trus101'�; at1d� f . v:tlose MOIling add►Ow is P.O. Box 487, Wood Rwer, Nabraska H8M. (hentn " Trustoo," and "Beneficiary").
<br />FOR VALUAIIE CONSIDWAT1ON, includpq the itldsbtednsss inclentified herein and the trust hawin created, the raceipt of which is hereby
<br />adna ded0ed, Truster irrevocably grants, transfers. conveys, and osslgtts to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and
<br />se aWt of 1"Iciery, under and subject to the terns and conditions of this Deed of Trust, the real property described as follows:
<br />& Lots Soven(7) & Eight (8) OCIA
<br />Lots Five (5) and Six W din Block Twenty Ono (2)), in the Town of Alda. Nall
<br />County, Nebraska.
<br />TOGETHER WITI•t, oil rents, profits, royalties income and other benefits derived from the teal property, all leases or subleoses covering the
<br />real property or any portion thereof, now or hereafter ixrstrrtg or entered into. and all right title and interest of Trusterr thereunder all on-
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<br />forests, estate or other claims, both in law and to equity which Trusterr now has or may hereof ter acquire in the reel property, all easements
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<br />riots-of -way. tenements, hereditaments and atpurfertonces thereof and thereto. all Od and gas rights and profits. water rights and water
<br />stock, oll right, title and interest of Trusterr teem, awned or hereafter ecqurred ,n and to any land lying within the right- of•way of any street or
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<br />highway adjoining the real property, any orld all buildings, fixtures improvements, and oppwtenances now or hereafter erected thereon or
<br />belonging thereto, (herein refev-t y no as "Improvement' " or "Improvements ' ) . and any and all awards mode for ep taking by eminent domain
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<br />or by any proceeding or purchase ;r, lau thereof, of the whole or any part of the real property
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<br />All of the foregoing estate, property and interest hereby conveyed to Trustee herein collectively referred to as the 'property
<br />THIS DEED OF TRUST SHALL SECURE:
<br />(,a) The payment of indebtedness ovii0mod by Tr stor's rate of even dote herewith ,r ttre prmcrpol sum of _I1tta l rand red
<br />'7510111111,00
<br />iseve�nty –five thousand and naylt)O -- ---- - - - - -- - -- - - - - -- Dollars tS ,
<br />1%tthor with interest at the rate or totes provided therein. (hwern. together with ony Ord all renewals. modifKofoms, and extensions thereat•
<br />referred to as the " Note ") both principal otid +Merest on the Note being payable ern accordance with the terms set forth therein. reference ter
<br />which is hereby mode, the final pavntust of yl,rrcrpal and interest. of not sooner paid and if no renewals. modifrcatrod s or extensions are node
<br />due and payobk on Nov, ?mb: r_ 1 •. '1000
<br />(b) The performance of each cWtianxmt ad covenant of Truslor hereon contained vno
<br />(c) The payment of any sum or sums of montey with interest thereon who& "noy be hereafter paid or advanced under the terms of this Deed of
<br />Trust.
<br />(d) The payment of any future odvomes rsacrssory to protec t the seem..^to or any future advance made at the option of the parties. and
<br />(e) The performance of an obil4onMron of any Other Person ono "od in this Trust Deed 10 ,7 benefrcrary
<br />TOPROTECT THE SECURITY OF 11,46 DUO OF TRUST, TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS.
<br />1. Flgtawe of ffMeeiRel cool loom i..f"wer shall promptly pay when due the prtrselpa: on and MtereM on Rhe .txieletedrre�>r ev danced by the
<br />Note. and ah other charges and fees as 1poaaded in the Unto and the prmcrpol of and mewRst on QMN 4:41ute Awoscet secured by this Deed of
<br />trust
<br />2. WMINty of M. T►usta os Lawfully soused and possessed of good and rndellm -tea .l Me and eslote to ► *,e I>•«gerty Hereby conveyed and
<br />o.La f ,• look n an rows rrA is the PrenrtY the Pracwty rt free and clew o! al; )fees and encumbrances en:eof Irons now of record and
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<br />Trusterr will warrant and defend the title to the Property aW,,r at c. rams ,rid demands
<br />3. M@MwwenISe end Celtglawse a* lewd. Truster shah keep the Prppprny in good condition and repair and shall not commit waste or permit
<br />xnpairmemt or deterioration of the Property ar d shall Comply with the provisions of any lease if this Deed of T"rutir t. on o leasehold No improve
<br />nrmt now or hereafter erected upon the Property shall be alfered removed or demolished without ttte prior or-rfen consent Of ew*fKrary
<br />Trusts shall comply with all laws, ordwtonces, regulations covenants. conditions and restnctrons affecting the Property and not commit suffer
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<br />or pormwt any act lobe dam :n or upon the Property in vroletton of any low ordrnunce regulation covenant condrtwn or restriction Tr„sta
<br />slsall complete or restore promptly and in good vvorkmonlrke mariner an, improvement an the Property whKh may be damaged or destroyed and
<br />pay, ehoodue, all claims for labor performed and materials furnished therefore and for any alterations threat
<br />4. beaetewee. Trustor, at its expense. will maintain with onsurors approved by BeMfKrory insurance with respect to the Improvements and
<br />personal property. canshtutrng the Property, against loss by fire lightning tornado and other pears and hoards covered by standard etterded
<br />coveroge etxlorsement. in an amount equal to at least one hundred percent of the full repkK@;mwnt value thereof and insurance og0,nst sash
<br />to• t,
<br />L other hoiords and on such amounts as is customarily, carried by owners and operators of s,niulor vct%Wtrrs w os 111"fr;,ary mar require
<br />proiect•ont Trusterr vrr{I comply with such oIh*t regyaemenli a♦ BW*frc,ary mar from it" t,� t," re "it tot the lroticfipn by �nsurrom r rt tf«
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<br />interests of the fespectrve porkies All rnswonte polKres ma- ritn.lgd pvsuunt to 911 -s l►red ••f rt% 0 %ha' —t-4 Ttustl- and Flex» #• - -tit ,
<br />sureds as thew respKfive interests may oCvw and proude thus ,from shjl, be r\r , •xr.►up1,:r •. • -A C. -,t, — ,. 0Nl %.t ,r I@%% than i •. ,t,,v,
<br />prior written rs0trfr{0110n to BeMfKrory M titre •vent a+v W--_V tweutrdr i not trtenrd a• !.•fr +r � t Syr &,r, v t(• is rrt•.•.11 -1, ,1as•
<br />lenefY,ory may procure suth mi,7anCe ", accord,y,ce vr,th tt* (r0V.j%) ns •,f r4V0 1Ul•h ter, ►rf 1,, .. . in, A 4 vl y 'toe ,.Q „,
<br />poltc,es of Ynuront a and tenervuh thMecif or means r o"t M i, ,A h vu:..f t wo • *-w w%; , 1-6- • ,• r
<br />renewalsus►eWuedhereunder shat of ttne aptcunof Be;Wfx -arty ,d,0r100 •,
<br />- ..._. tS1.. .. .. kook. .. ... .. .. .. ..
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