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<br />go,..,10 5714
<br />GEED OF rRUST
<br />This DEED OF TRUST is made this aftislay of Op. kMkXfr .11990, by and "W'dig RICKIE L.
<br />HELZIR and DAIL ANN HELBKR, husband and otife, herein referred to as "Truotore," whose
<br />mailing address Is HT 1, Box 193, Cairo, MR 68824; THE STATE BANK OF CAIRO, a Nebraska
<br />Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is Iq.K
<br />428, Ca�iro..iV 68A$4• and THE STATE RANK OF CAIRO, a Nebraska Banking Corporation,
<br />hereinafter referred to as "Beneficiary," whose mailing address is Ho7;_4`, ls.irro, NE
<br />f2.4.
<br />For valuable consideration, Trustors irrevoenbly grant, transfer, convey and assign to
<br />Trustee, in trust, with lxawer of aatle, foe` the benefit apd sec-urity of Beneficiary, under
<br />and subject to the termo mead,equiditt!one of this bleed of'Trutit;, tho fnitowi.ng described real
<br />property located writ lyiicl.l, Nebraska,
<br />(SE114 i of Sectiaa 10, Township 12 North, Range ll , West of the. Sauthaamt Quarter
<br />6th P.N :,•Haill County, Nebraska
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways,
<br />easements, rights, privileges and appurtenances located thereon, and all personal property
<br />that may be or hereafter become an integral part of such buildings and improvements, all
<br />crops raised thereon, and all water rights, all of which, Including replacements and
<br />additions thereto, are hereby declared to be it part of the real v"tat.e conveyed in truant
<br />hereby, it being agreed that. all of file folwRoing shall he hereinafter referred to as the
<br />"Property."
<br />FOR THE PURW1 E OF S11;i:UR 1 NG:
<br />a. Payment. of indebtedness evidenced by Trustors' note of even date herewith in the
<br />principal su■ of $14,000.00, 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 iu 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 'rrustors 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 />Future advances tinder the agreement are contemplated anti will he 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 iDERD OF TRUST, TRUSTORS HEREBY WYENANT AND A(iBllE:
<br />1. To pay whet die. tie principal of, ud tie interest on, the itdebtedoets e►idemced by tie rote, charge!, fees and all other tare as provAed
<br />it ale loss detriments.
<br />1. Trislore are tke owners of tie property aid have the right aid aitkority to nercte this Deed of Trust is respect to tie property.
<br />7. To pay, when doe, mil taro, special altenmests ad all other charges against the property. before the sue become delioowett. Trust-ors
<br />skill pay all taxes aid sistesmeitt which sty be levied.upoa Beteficitry's interest kereis or upot this Deed of Trust or the debt secared hereby,
<br />witkont regard to toy liar tint mil be enacted imposing paysett of the whole or toy part thereof crop tie Beneficiary.
<br />i. To keep the ilproventote now or hereafter locatied on tie property insured taint dawate by fire ad such other hatardt as tee beseficlary
<br />'say repiire, in asoints aid companies acceptable to the Beleficiary. Stch itifruct Doliry shall contaii a srandard sortgage ciatee It favor of
<br />Beneficiary. Trieter shall promptly repair, mtiatato aid re ;iace the property or uy part thereof, so lbat, except for ordinary wear aid tear, the
<br />property shill sot deteriorate.
<br />I. In tie e►eat the property, or ur part thereof, stall be taken by emiremt domain, the BeWiritry is eititled to celie,t no revelve all
<br />compeisatioa Aid may be paid for any property taker, or for duages to property got takes, aid tke Beneficiary (ball apply suck cospeosatioc. at its
<br />omtios. either to t redaction of the indebtedness seared hereby, or t,r repair end reltorp 'he rrop•rty so taken.
<br />i, The Beneficiary say, bet shill hire so obligatioi to, do toy vt whirl Tr,stors h%vo agreed bet failed to 6. aqd the Beneficiary lay also do
<br />say act it deems seceleary to protect the Ilea iereof, Tractors agree to repay, upon demand. any suit to etpended by the Beneficiary fir '.'? 11101•!
<br />porposes, and say tam so expemded stall be added to tie todebtthetm secured hereby and become securod by the !vn v-enf. The e.:►.1! ao
<br />iecwr may liability because of ulthisg it may do tr amit. to do hereunder.
<br />T. Tie leseficiey skali cave tot, N' :;Jab, pater aua `U-10rl• t: net the continuance of :'. _ : "rant :r•:rt; "le 'W,: r a9u ?r led
<br />profits of the ►raperty sad of gay persa:al Drotmertf t:n,rAu -(.;0 or rt%ll taking r',sseesaa ai she stoners x:'!e:,ec oeteol, aco "ne,ors
<br />tereby aosoloteiy ad once i4l"u idle assign a ;, Owl) ':.:J. :iiu ?s An ruri' :4 Deneh lary. The 1 -, -. .nifi. 20Vviv, .le.Aty col?D!11.6 :.
<br />irlmtore' toUedios Any, let ?Pt;di tf 3101 ruts, .jene agl -onf :6, c In °.; it: ' "ti: :YS are Oat, at sick l:44. ;a rm;ta t) pa -ptit of
<br />any lidel:t: :lness'sassed Hereby, 4r I'! :i1e geldol lace 9; ay griele.: 9er'. :1 : : ",2:'. .•' Any eve'.' .! delult d9o,:r:`JId G ?! ?9;': ?r tEltPil to ,`.ill
<br />Deed ot• "rust Asil life ar :Cat ".frid ala be :i9 :IC;itni, tie Ztaeficiary, it 1 Nape o! r A. Ind M•;;! J., w%ti iv "'J9 :G "5 , ". d::j. ? lala:5y lag
<br />1rultorl, aid withgs$ r lam IS :3(f '+i;ll? ti n. ; "'18' ?Plate or th° wr,e s -. - tae Tilton :lerE :4, d!TJ.. ill, '" "'yr7`. ti ADi;] t" 115 ro;u
<br />Wing jurisdiction to a9p:at a rev wif r" tic eranprt ?.
<br />1. The Beeeficiel, or ite lipt •o ve wiorlted to enter at aay rprson:rip 'axe lof
<br />iaspechig the same aid for the purpose r! performing any 4 tie arts Ir. -y ar,• ae''pri- ?d a Ira•• •rQ •.1 I .r• .t, .,.• . •�
<br />by Traitors.
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