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103924 husband and
<br />Carter U110 OF TRUST Ca ter wife
<br />THIS EDO 7XIAT wdo this let doyof July , 1989 byondomongDonald P /and G. Janice Carter &
<br />wtgsti ntg addrisiis �SBy 11e a it huMtsana and wi ft, Wood River, - lgkygika 6 883
<br />(herein'•irustarfIl and Bank of Wood River , whose mailing address Y.O. Box 487, Wood River, NE
<br />(herein "Trustee" and " !l nollcktry"). 68883
<br />FOR VALUABLE CONSIDERATION, iltck;ding the indebtedness indantified herein and file trust herein created, the receipt of which is hereby
<br />acknowledged. Truster irrevocably grants, transfers. conveys, and assigns to Trustee. IN TRUST, WITII POWER OF SALE, for Ilia bmlrtlit until
<br />security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real property described as followsn
<br />Lot One (1) and the easterly Eight (8) feet of Lot Two (2), of Block Twenty Six (26),
<br />in Original Town of Wood River, Hall County, Nebraska
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<br />TOGETHEli:1AIilli, all rents, profits, royalties, income and other bowfits derived from ilia real property; all louses or subleases covering the ! r-
<br />...(,"r4,^er!; or wt;!iMt trsaf, i!4r! or hpreaflwr .y ►'sling or gtltergrl igtg, arm all rigght, title gild interest of iructor thereunder: all in.
<br />terests, estate or other claims, both in low and in equity. which Trustor now has or may hereafter acquire in the real property; all easements,
<br />rights -of -way, tenements, hereditaments and appurtenances thereof and thereto; all oil and gas rights and profits, water rights and water
<br />stock; all right, title and interest of Truster, now owned or hereafter acquired, in and to any fond lying within the right- of -woy of any street or 0
<br />highway adjoining the real property, ant and all buildings, fixtures, improvements, and appurtenances now or hereafter erected thereon or
<br />belonging thereto, (herein referred to as 'improvement' or "Improvements "); and any and all awards made for the taking by eminent domain.
<br />or by any proceeding or purchase in lieu thereof, of the whole or any part of the real property.
<br />All of the foregoing estate, property and interest ftesreby conveyed to Trustee herein collectively referred to as the "Property ".
<br />THIS DEED- OF TRUST SHALL SECURE:
<br />(a) The payment of indebtedness evidenced by Trustor's note of even date herewith in the principal sum orwen�► four thousand
<br />five hundred and no/100 ----+------------------------- - - - - -- Dollars ($24,500.00 ),
<br />together with interest at the rate or rates provided therein, (herein, together 0h any and all renewals, modifications, and extensions thereof,
<br />referred to as the "Note ") both principal and interest on the Note beirn pa%c6te in accarddnce with the terms set forth therein, reference to
<br />which is hereby made, the final payment of principal and interest, if mat so6rier paid and if no renewals, modifications or extensions are made,
<br />due and payable on 120 equal monthly installments of 9351 50 beginning t3 -1 -sto
<br />(b) The performance of each agreement and covenant of Truster herein contained, and
<br />(c) The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this Deed of - • .
<br />Trust.
<br />(d) The payment of any future advances necessary to protect the security or any future advance made of ilia option of Ilse parties, and
<br />(e) The performance of an obligation of any other person named in this Trust Deed to a beneficiary,
<br />TO PROTECT THE SEMRIIY OF THIS DEED OF TRUST, TRUSTOR HEREBY COVE1 NTS AND AGREES AS FOLLOWS:
<br />1. Payment of Priedps) and Interest. Truster shall promptly pay when due 16- "rincipal of and interest on the indebtedness evidenced by Ilia
<br />Note, and all. other charges and fees. as provided In the Note, and the principal of and interest on any Future Advances. secured by this Deed of
<br />Trust.
<br />2. Warranty of Title. Trustor is ltlliif'ully seized and possessed otg6od:andi frlriefeasible title and estate to the Property hereby can +eyed and
<br />has the right to grant and convey the Property; the•Propertyls freedM clear of all liens and encumbrances except liens now of record; and
<br />Truster will warrant and defend the title to the Property against alfd2oims and demands.
<br />3. Mek lemeece and Compliance with Laws. Truster shall keelithe Property in good condition and repair and shall not commit waste or permit
<br />impairment or deterioration of the Property and sholf.compiy with fhe provisions of any lease if this Deed of Trust is on a leasehold. No improve-
<br />merit now or hereafter erected upon the Property shall be altered, removedor demolished without the prior written consent of Beneficiary.
<br />Trustor shall comply with oll laws, ordinances, regulations, covenants, conditions and restrictions affecting the Property 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 restriclion. Truster
<br />shall complete or restore promptly andlin good workmanlike manner any improvement on the Property which may be damaged or destroyed and
<br />pay, when due, oil claims for labor petformed and materials furnished therefore and for any alterations thereof.
<br />,. Irtswertce. Trustor, of its expense; Will.inaintaln with insurers approved by Beneficiary, insurance with respect to Ilia Improvements mid
<br />personal property, constituting lite Property, against loss by fire, lightning, tornado, and other perils and - hazards covered by standard extended
<br />L coverap endorsement, in an amount equal to at least one hundred percent of the full reploctament value thereof and insurance against such
<br />other hozards and in such amounts as is customarily carried by owners and operators of simular properties or as Beneficiary may require for its
<br />protection. Truster will comply Willi such other requirements as Beneficiary may from time to time request for the protection by insutonrp of lip
<br />interests of lire respective put lies. All iosurume policies nruioloined pursuunl to Ibis Used Of Itusl Shull 11unw trusto# (11141 Polleficwry (ti in.
<br />sureds, as their respective interests may appear, and provide that there shall be no cancellation or modification without no less than 15 Boys
<br />prior written notification to ©etreficimy. In Ilia event city policy herewrder is riot renewed on or before IS days prior to its oxpirolion duty+
<br />Seneliciury rimy procure such insurance in uccordunce will) the provisions of porugrnph 7 hereof. Trustor shall deliver to penelir my the orrginnl
<br />polities of insurance and renewals thereof or merno r opies of such policies and rene arils flier pot ruilure to lur 111%11 arch ivaur wire by I ncrw of
<br />renewals os required hereunder spoil, of the option of Benehciur f. constitute a delaulf
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