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r <br />L <br />F 7 <br />RE- RECORDED FCBO 5011 <br />90-105978 page 2 012 <br />Tm"*) and each of those further tmvenenle and press with Benefklory as follows: <br />(1) To pay as Nana, Judgments. or elm assessments aQeinst the Popov. and b pay when due all assessments, taxes. rents. lass. a dwges upon the property a <br />uder any sew. permN. Beene. or privilege resigned a BsnaNdary as additional wetly b qNe Trent Deed. Including those in or on pubic domain. <br />(2) To hours and keep Insured buildings and other Improvements Including nsturas and autarcnnufnls now an or hweaher placed on the property to the adsfsdlon of <br />Berafidary. Such Inwrance will be approved by and deposited with Beneedary, and anlderaed with loss payable douse to rlarherdery Any sums so raeelved by ltenetdery <br />may be used a pay for mcorutnwtlon of the destroyed improvements or It not so applied may be spoked, at Goa option of Beneficiary. in payment of any I debladnees <br />maawsd or urmatred secured by the Tnut Deed. <br />(3)� To keep al buildings, f atalra, attachments, and otter Improwaments now an or hereafter placed on the property, oca*" and In good repair, maintenance, sold <br />condition end is now cornmil nor pamltl any am of waste or any Ynpa ment of the value of the property. Bwrefasry may enter upon the property to Inspect the same or to <br />perban any act adhorized hook or In tie ban agueement(s). <br />(4) In tie event Truaar(a) falls to pay any Netts. Wdiinwis, assessments. was. form. fees, or charges or maintain any Irw ranee an the property. buildings. fixtures. <br />attschmerits, or lmperovamente as provided herein or in the loss sWeemsnt(s). Beneficiary, at Its option, may make such payments or provide Insurance. maintenance, or <br />repots and any amtoh/rns paid therefor Will become part of the WkK W Indebtedness secured hereby. be krnwdaely due and parable and bear Internet at die default rata <br />pprhgaviv1dd�sdd In the nob(s) born to date of psymoad cans paid. The advrlamera by Beneficiary of any such a "Cuor" will in no nW~ dial On fight of Beneficiary to declare <br />Tnuir"s) in delaullor exercise any of BweaciaryU other rights and rernedieo. <br />(� fn the event eerelciary b a part' a arty C . affecting the property or the Ifen al Ift Trust Used. Ndudng any action by 9ertsficlary to enforce this Trust Dad or <br />fry salt n which Ben kkq In named a detsnda i (including condemnation and bankruptcy pr4r4odings) Beneficiary may imue expenses and advance payments for abstract <br />fees. always fees ((a de exert Wlonwd bylaw). costs. a NWass, appraisal bee, and other -."- s sad arty wriou+ta so advanced will baaome part of the principal <br />khdsblNkhsse secured hereby, be Intredktdy dye and payati o and bow Interest at the dsfah8 Wle provided in the neap) from tree dsw of advance until paid. <br />(8) Any awards mode a Tans) or than succeesorn by the exercise of wdnent domain we haaby a4 ftned a Bees kdsry, and Bonelld" Is hereby authorized a <br />calm Ind apply to same In payment of airy Wabtedness, mews or umesued, "wred by ids Trust Good. <br />l2f b to aNarut Tnsbr(q defaults In the payment wean rice of any sums second hereby (pr9fhclpal, Interest, shdvanc�amhents, or protsclhre advances), a fsUs a psrbdm or <br />observe any oavenaflts and aondltiorhs contained dteairt, N the nots(s), bare agreerthengs), or urny other Inatulnane, or any pawsdinps Is brought by or apawhst Tnubr(s) <br />under entry 8rtitrtplly laws, l9en.nclary. at its option. may dealers tau sndm IndebDadnees seared hereby to be imnhsdiawy due and payabN and the whtole wise bus interost <br />et the default rate as provided In tie noM(s) ofd 8ens11dary may knnhedlaely authorize Trustee b exerdw de Pawar of sale Qnnted harsh In the merrher prohridW In the <br />Nst►raeke Tntst Dlsds Act, ter. at the optics pi the 8erhefklary, rnair oracles the Tnuuht Oeed in to mrhrhw Fleeted f4• Iaw la the lonadosure or nnortgapss on real propwty, <br />lhduldrtp the sppoYhettent of a lisoeivw upon• ss parts applaatiorh, rhotloe bekg fhersby exprasy walvsd, wiOhaut regard a the wile of hid Ixoo.nri cn she eufldseay dhereol b <br />dfedhrg. tie hhdsblednhMS secured hhweby a In the loan agreehent(q. Oelay a Berhefidsry In exwd,ing Its rlphts upon delsuh wit rat a zoraawd u s Nvalwr tlhsfsW and <br />arty seed BeredeMry wwitcthp arty apedlisd dstasit veil not be artstrued ss e waiver Of any ltleire dehuAt If the proceeds winder ouch 3ais a kxectoswe w insuMdwhI b pay <br />Ifs atsl khdsbbdnwa owned hereby. Trw"a) do herabyr atpea a bee pereonaly botxhd a pay the unpsld itManas, and Berwflcwy hiNN be on b a deficfencir judgment. <br />M Should Beneficiary elect to exercise tM Dower of Sae granted herein, Beneficiary w ,l natty Tnelee who will record, publish, rind delver to TfUibr(s) such Notice of <br />Usfsrlll and Nona of Baba Von rsquirod bylaw and will In the manner provided bylaw, soil tau property aide time and place of ease fixed In the National Safe, sitter as a <br />wuhi nk a in esperaa lots, parcels, a flame a:.,w m such order as Tnstse will deem expedrt. Any po may bid at the ale Including Trumods). Trustee, or Beneficiary. <br />(g) Truslor(s) lewby requests s copy of arty Notion, of Default or Nods of Sale hemuder a be 1naMed a eeretW mall b Tnawr(a) at tie addmw(se) ail forth harsh. <br />aM wish cw yr tt•au regard a tha value d tha pmhperly a" <br />has- n b discharge the Indebtedness stewed hec4t:y, Is authorized and sndded to anon upon red rata poseassbn at the property In Its own name or In the name <br />of the Tduaee and do any acts or expend any sums It deems necessary or desirable to protect or preserve the value of the pr4wirif or any Intereet therein, or Inereaw the <br />Income dsemlorn; and w ilh or without taking you im of the property is authorized to sue bar or otharwlse collect the rents. Issues, craps, profits. and Income thereof, <br />khdu ling thhoN poet due and unpaid. and apple the same upon any Indebtedness secured hereby or in the loan agrsarengs). <br />No twain conbrted upon ear reserved to Trustee or Beneficiary IS intended to be exclusive of any other remedy herein or by Imw provided or permitted, but <br />` <br />each will De cumulative. will be in addition io awry other rem** given hereunder or now a herenftw existing at low or in ogWry or by statute, and rnay be exercised <br />i <br />eoncumenty. kdepwden* or suoceealvey. <br />(11) Tnaw(e) wMawledges that the duties and obligations of Trustee will be determined sotery by the express provisions of fie Trust Deed or the Nebraska Trust Deeds <br />Aux and Trustee will not be Noble axoept for de performu mce of such dudes and obligations as are specifically set forth therein, and no Implied covenants or obligation veil be <br />ImpwW upon True*@; Trustee will not be liable br any action by it In good With and reasonably believed by It to be authorized or within Ow discretion or rights of powwe <br />conferred upon It by tine Trust Dad or we law. <br />— <br />(13) The Inegdty and respor siblIlty of Trus"o) ocns hums a part of de consideration for the obligations secued hereby. Should Tme"s) veil. trenfer, or cony the <br />pogmly described heraIn, without prior written consent of BensW rl , Beneficiary. at its option, nay declare to entire Indebtedness ImmsdiatNy due and payable and may <br />` <br />proomd In the rhbroemsrt of Its rights as on any other default. <br />(13) of liana Including proceeds of fAnwal Levee. Tnstor(s) hereby melgne, transfers, and convoys b Baneaaay as rents, royahn, bonusee, rind delay <br />nNN" or atllw pmeemle that may from tine to One become due and pyabte under wry real 06019 leer w under any NO, q w, gravel, rock, or other minval lease of any <br />kind including gsow"..uf resources now existing or that may hereafter come into existence, covering the property or any pan thereof. All such sums so received by <br />Beneficiary will beapptlsd b the indebtadno33 secured hereby or Benefeiary, a Its option. my turn over and deliver to Trustoris) or their successors In Intest3t, any or as of <br />such sans wiffm1 preJudke b any of Benefice t y's fights to take and fetan Win sums, and wlihout prajudca to any of Its other rights under this Trust Deed. Thls assfgment <br />will be aonsinsd b be a provision for the payment or toftlion of the debt, surrect to to BsreAdays option u herelnbebre provided, Independent of de Nan on the property. <br />Upon psymwt in M of the debt acid the weonwyanee cl this Trust Geed d new . fhxe maignment wise bsoorrh9 inoperative and or re further force and efisd. <br />(14) The wvenrha contained In Wee Tnmt Dnd wNl be doomed b be severable; Ind* event that any portion of Ills Trust ID.red b detsmhked lobe veld or urhsrhbrossble, <br />•tat deemnir it in sfl dot aMeet Ow NaYdiq of tie ternrIning pig sone W to Trost Uesd. ) <br />Norman E. Wissing Geraldine Wissing / <br />slhhr <br />r.: <br />STATE OF NESRASKA ) <br />COUNTY OF HALL ) as. <br />On this 10th day of_ AV, i i A.0..19 30 , before me, a Notary Public. personally ai(h wed <br />Norman E. Wissina and Geraldine Wissing, husband and wife <br />to nos know b be its person(s) nansed in and who executed dw foregoing Acknowledgment and Trust Deed and aiduhowledged that _ they <br />e+wwna e1r M,� w � .��• <br />ztarylyoublic: Wilhclmi <br />e or print name under signature) <br />in and for said County and State <br />My oommisskxh expires _ � '� <br />c tar. n � <br />� <br />�r r r <br />N t� <br />1 yx� <br />1 1 i 1 <br />