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<br />_�'''��'"� �� ' Deed of Trust, Security Agreerr�ent
<br />�:.:,�,...
<br />~�''';.'� �� �BANKS q�- scooil and Fixture Financing Statement
<br /> ... .
<br /> j,X_•, r � (Nebraska) ��
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<br />' `-�•'` �` This Deedo/Tnist,SecurltyAgreemenf end Fixture Financing Statement l"Deed ol Trusf'11s made 12-30-1998 4fi �
<br /> ' �"�� � between Mvron L Hinrikus and Rachel L. Hinrikue, hueband and wi�e `
<br /> �',r�`�f.�.�'. - \ C
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<br />- . rrne•r.�sra•�ar�i_
<br />�"=�'-��`,� Norwest Bank Nebraska National Aeeociation
<br /> ,. _ �.•
<br />_�•._.�.� �• ffhe'Trustee'1,a netlonal banking assocfatlon,and
<br /> _ � . ':, .�, Norwest Pank Nebraeka National AQsociation -
<br /> -. '' - (fhe'Bene/Iclary7,a nntionel banklnp assoclatlon. W/7NESSETH:
<br />_�t'`.�''.:
<br />�"'��«�t'r?'�F . IF THIS BOX IS CHECKED ❑ THIS OEEO OF TRUST CONSTITUTES A CONSTRUCTION SECL/RITY
<br /> s a:•. AGREEMENT UNOER 7HE NEBRASKA CONSTRUCTION LIEN ACT AN�CRfA Tf.S, GAANTS AND
<br />':,,,�;��:•��;` CONSTITUTES A CONS7 RUCT/ON SECURITY/NTfREST lN TFIE PROPERTY DESCRIBED BELOW.
<br /> ' -: :�: WHfRFAS,
<br /> �;"•• '��f O Tiustor has exoCUted and de/iveied to Beneiiciary e promissviy r�oia i�7 ii�a Nrir,���:�::rs af —
<br />-1' Y'... �C4, �
<br />-��f"•"'���� Dollars!F_ _l,dsrod ,�Pa yeb/e to fhe oider ol Benel/clery and having e ma�urlty ol
<br /> ';' �{.� , togetha wlfh lnterest thereon,!a[a cherges,piepaymenf penuftles,any Iuturo advances,and ell
<br />-���?_.::..�.
<br />�;::4`cSi��`'� extenslons,modl/ications,subs(ltutlonsend ienowals thereollhereinaltor the 'Note"1•
<br /> ��"'"' {� James U. Hinrikus and Jennifer Hinrikiis — —
<br />,.-�.;r,,.��:_
<br />�'��.r, r '� ,.
<br />�rs�as-T:.�', —
<br /> -�'""��' I►he 'Bonower"1,has eppl/ed to Beneliciary lor one or more loens,letters o/cred/f, or other Ilninclal accommodallons and may hercalter
<br />-p"'-��='•-''-�� /rom ffine to time appty to Beneliclary/or add�donal/oans,/etters oI credit end other linenclal accommodat/ons,end to lnduce Benelrciary
<br />`�'�=-��-�'� to provlde/lnanc%I accommodeflons ro Borrower.�
<br />���"! �(1 !/this boxls chacked, Tiustoihe�s gusianteed to BeneliCqry the peyment end perlormence ol esch snd every debb liebllify and
<br />=o-k�°�?_ oAllg ef/on oE every type and desciipllon whlch Borrowei ma y now or ef eny tfine herealrer owe to Benellclery lwhethe�such deb�.
<br /> �-a�+-.i+.2� Uablllry or obllgaflon now exlsts orb heroaltar crea�ed orincmied,snd whefher it is ormey be diiect or i»dlrect,due or to become
<br /> �v.+�r due,abso/u�e or contingenG pdmary or secondery,liquid�ted or unNqulda►ed,or/olnt, sevenl or/olnt and severoll,
<br /> r.�x;•�_��..�
<br />%�:�s�ii�� ❑ !I thls box is checked, Trusta�has gunranfeed to Beno/iciary the paymenf and perlormance ol the debr,Nadliry,or obli8ellon ol
<br /> —_-='=?-�� Bor�ower to Bene/lc/ary ev/denced6y orer/sing out of the lo/%winp:
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<br /> -v.i�-• and an�extensions,ronew�la or ieplacemenls thereo6 togetAer wlth accrued/ntmest fhereon and re/�ted costs o/enlorcemenr end
<br /> �-��•;� coNecbon expenses,pursuent to +Guannry fherelnafter�he "Guaranty'I o/even d�te herewith.
<br /> '�"'�.•� Trusto�shs/l eJso pay a/l othor sums,/ees or charges,topelher wlth lnterest thereon,advanced to protect!he securlty ol lhls Deed ol Tiasf
<br /> :.�';}{�,�r;11�• and the perlormance ol►he tovenanfs and ag�eements oJ ir�sro, whether or not set forth herein artd per/orm, discharge and comp!y wlth
<br /> _"_�;;,:.._:::. , every fe�m,covenanG ob!lgaf/nn and agreement ol Tiustorconroined harein o�incorporared by re/erence(Tiustor's obligsf/ons under the
<br /> Note or�he Guaranty,as applicable,nnd e!/such ofher sums aro herefnalter col/ective/y relaned to as the "ObNgal/ons"J.
<br /> NOW, THEREFORE,!n cunsideratlon of the promises and lor the purpose ol securing the Obligatlons, ��ustor irrevocably grants
<br /> ,,,i'k�'�'' ,' and bensJeis ro Trustee,in trus�. WITH POWER OF SALf,fhe lol%wing desc�ibed property located!n fhe Counry of
<br /> - '�'+" , Slafe ol Nobraske:
<br />--;,,;ar-.> .._ , Hall
<br /> � The Southwest Quarter (SW 1/4) of Section Thirty-Six (36), Township Nine (9) Nortlz,
<br /> Range Eleven (il) Weat of the 6th P.M.
<br /> +.
<br /> � SUBJEGT TO: easements and restrictJons ol rocord,and: -
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<br /> � l b i al!bu1/din s,sVUCtures,addlUvns,e�vlarge�nenfs,modi/icefions,iepalrs,re lecemenfs,and lmprovements now or heraal�er -
<br /> k �ogerner w r I1 9
<br /> loceted fhereon, fiil a/l equ�pmenL machrnery and lixfures linCluding,wifhout fimitafion,ol/ ighting,heeNng,venfilating,cooling,e!r
<br /> _ condlGoning,sp�inkling and plum6lny lixrures,watar and power systems,engines,boile�s, ronges,ovens,d�shwashers,minois and mantcls,
<br /> ca�pefing,lurnac[ts,o/I bumers,elevaro�s and motois, refrigeiation plants oi un![s,communicat�on systems,dynamos,franslormnis.
<br /> --- � . . . . ._ .,____. _._...._..a e�rnsn urini//IW.0 dnn.c.awnlnos and shadesJ now or hereal(ur atfached to,o�bullt in,any Guilding
<br /> . _ . ._. _. .'—_ a�ectrco�cyu.p.�.m.��.,.........
<br /> - rmprovemont orlmprovement now or hercralrer located thereon,fiil)al/easements and rights of way appurtenanr me�niw i�ri a�%�aase:�...
<br /> es��re,righ►, tifle and interesf o/Ausror in and to ap/eases, whathei now or herea/tor existing a entared into lincluding,without limifnlion,
<br /> alf cash and socuiily doposifs, ndvaneo�entals ond dr.posi�s arpaymonfs of a slmrlar nafuioi,penaining therefo,fvJ a!I�ents,issues,prolifs
<br /> nnd income il�erelram Isub%ect to rh�iight ol Tiustor to collett anJ app/y such renfs, issuos,prolits and incomo ns rhoy Grtcomn duo ond
<br /> pa y�Glo so lon�os no event o/delault ex�sts horQUnderl,l�iJ all roYalties,mineral,oi/and qas riyhts and profits,woter, wotor rir�hts,nnd
<br /> �votor stock, fviil al!fenements, heredifa�ner.fs,pi�vilegos�nd eppurtenances belonging,used or enjoyed rn connoctiun[herowith, and fviiil all
<br /> procceds o/convarsion, voluntary or invo/untary, o!any ol the/oreyoiiig inro cssh or liqu�dafod cloinis(including, wifhouf limito►ion, -
<br /> I piocoads oJ insurance and condemna(ion�wardsl,nll ol which ara hereinalfo�collectively(ho "T�usf P�operty.'
<br /> ro PROTECT THE SECUf��TV OF rHls DEfD OF TRUST, TRUSTOR COVENANTS AND AGREES AS FOLLOW5:
<br /> � f. Tide. Tiusror covenanrs, wairants and agrees with Denelrcia�y,its successois and assigns,Ihat Trusfor owns tlie Trust Propeiry(suG,'ect
<br /> fo anyland sale confract descnbed abo��eJ and�ros fhe right m convey fhe Trust Properry, (hnt 1hn Trust P�oparfy is Irea Irom ar�yW��r lien
<br /> or encumbronco cxcopt as orhonvise lisred abovo, rhat rbis Deod of Tiust is and wiU remain a val�d and enloiceable lion on tho 7}usl ;
<br /> � Property.that Trustor, of its expcnsc�,wil/presorvo such iiNe and will maintain this Ueed o!Trusf as a lien upon the Trust Pioparfy and w�ll I
<br /> � lorevc�warrant and delend fhe valydi�y and piiority oI fhe licn hereol agarnst tl�e cl�iins o 1 all persons and partics whomsoever. Trus�or,ot�ts
<br /> : j expe��se, will causo this Deed of Tr�sf,and eoch omendmenr or supplemenf ho�aro, ro 6e Gled and recorded as a m�rtgage o/the Trusl ,
<br /> I'ropeiry ui sucfr manner and in such place and will take sudi actiun as rn�he opmion ol Tiustee�nay be requrieJ Gy any presont or future i
<br /> _ � law!n wder ro po��acf. maint�+n and profor,f fho 6en o1(his Deod o!Trusf,as tho some may ba a�nnnded or supp�emen�od lrorn fiine to tm�e.
<br /> ,� Tiusto�wJ!n�ake such/urthe�assu�ance or assu�m�ces ro perfeef rts htfe ro rhe T�usr Properfy as may be requ�red by Bene6crary. T�uslm
<br /> 1 h�ieby�du�qu�shes al1 r�yhf Uf do�vc�•i��d liomesfca��n and lo fhc Trusf Properfy. pgr�� 7 0l5
<br /> �� NI1IXIOLHOf1097:o�a69r� . . �
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