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<br /> • � � Tr�s:sriot end sac41 at cY:em[eftt:sr corsnis�,a a.-.�agraes vrltt�Banaf:siary a�tcL�avre:
<br /> ` � � 1. tp pay d!1 t:trts,ludy�m�nto,ot olhor a��a�sm�nin npai�t tho proporty,nnd to p�y r+hon duo ell assossmsnte,taxes,�ents.fees,ar chargas uDOn ,"�;
<br /> .a lflQ plAtlii?tq Ot Ut4dET CRy l�aao,�sarmit,f:ccn:a.Of pirvi!OQ�Ub91Qri3U f0 QCn�itCicry a9 uddiUOnul securitY to this Trust Oeed,indudirtg tiiose in or ;r_
<br /> � ' , on pub.:o Qonain. � ;
<br /> ' 2. To irt;uro.e n 9 MCCD in�urc d bu3`dmp�an d o'citcr�m provom�n29 inctudsrtg fixtures nnd attu�hmants naw an or hareaftar ptacad on tFsD propartY to
<br /> � � tho nnU9l,zcdon of BertEi:CUry• 5uth�flsuroncq»��1 Da apDrcvtd by an d depoaitad elith Boneti:i�ry,artd anGarsed tvi t h tass paya6la clawe to ?�
<br /> ' E81181iClafq. ARy 6UI�19 60�aCC:vesf by ECnOiiciary moy Do uscd to pay for reconstruction of ths dssuoYed improvCments or it not so aDD1ted may
<br /> � Ca e y!iea,et iho nptian af 8enetitiary, in paymeni ot any indebtcdnaso maturcd or wmatured secured by th3s Tre�t nced. y�
<br /> 3. �o ke�p C!�buiid:r.�9,1+�etuto3, attac?�m�nin,en4 othCt impTOVemnnts rtoL�on or horaahnr pistctd on tha proparty CaeuDiEd 8��n pood repair, -
<br /> � matrttenanco,and eonQition und to a:it4:�r�ontm�t rtor p�rmit any Etets o1 wasto or any impxirm3nt of tha valua et tho proR�nll- BQn-fieiary mtty
<br /> enter uDaa th�prop8rty to�n;pscY th�s3mo ar to pnrtorm any aets authorizcd hErctin or m tho toun ttgreflmenttsl. -
<br /> � 4. In th�aven!Tru9tori3)�aiia to p3y or.y liens.judflmentu,a^,aos�ment�,texea.rilnta,teas,or charges or m3�ntain any insulanco on the property. ;_
<br /> I hui!dinq9,fixturos,attachmrnte,os improvamamo n9 provcdcd hcroin er in tho tann egresmentts).Benaficiary,at its option,mey make such paymants _
<br /> ' �. _ . j or prov�ds insutartto.maintCn�rtco,or repairo nrtd unY amounts paid th�rofar viil7 b.como part of tha prmclpal indabtedness seeured hareby,Co -t- '
<br /> � � I immed�ately dua nnd payab!e nnd 6�ar tnterost at th�d�fauft rato providad in tno naTets!from ttie data of payn+:.rrt unt+1 paid-Ths advancomant by =
<br /> .r�'"""� BanoTiei:.ry ot 8n�r such amoun2s wiil in no monnor limd tha ripht of Bortofisiary to dECinro Yrustortsl in Qefault or oxnrcise any of Baneficiary's other �__
<br /> ' � �'� rlghtt�ortJ tom•ad:es. =-
<br /> � b. !n tha ovent Bort�ticiary is a R2rtY tv any IRiflation afTosUrtg ths propsrty or the lion of this Trust Oeed,inctudirtg any 8°Lieedfrt Bg�ficiarq to —
<br /> entorca thfis Trust Oe¢a or eny suit a�rrl+ieh Banaf�eiary is named a defondant(�noludirtg conderrtnotion and trankruptey p g.1 Benefiaary
<br /> _ �: may inCUr e�cpPnses artd fidvance payrtt�nta for absuact taes,attorrteys tees Ito tha extent allocved bY�aw),costs,expenses,appraual tess,artd
<br /> � otheer chargas and ony amounu so fldvanced�viU Cecoms part oi tha Driricipal indebteQness secured hareEy,Ga immediately due and payable and
<br /> t
<br /> ;, � bear interest at ths default rate pravidad tn tha note(s)from tha dato of advance until paid. .
<br /> 6. kny atvards mado to Trustorts}pr their suCCessors by the oxerC�se ot emirtsM domain are hereby ass�gned to Benohciary;and Henaficiary is
<br /> ' � �' herebY authorized to collQet an6 app:y ths sats�a in pay�nem of any indeDtedness,mature or unmature0.seaurad by this Trust Oee�.
<br /> . ��. 9.In the event of dafauit in tho payment�1hen dua of any suma secure�hereby(Frinaipal,irrtereat,advsnsements,ar prote:Uva g3vanses),a fa:Iura
<br /> to eftetm or o6`erve any covanants an�cond'�tians contatrtad hare�n,in the rtotetsl,toan agreamanifa),or any othsr Instrum2rtts,ot any praceadiegs _
<br /> ±� ls�mugh2 uader any Bankruptcp lavis, Henofislary,at its oRtlon,may deciare th�entire indabtedrtass secured hareby to ba immadiatsly duo and
<br /> , . � payabte and tha rrho:3 witl baar►nmrest at the detault raLe as prowded in the notetc)and Benaftciary may immadiatelv authorize Trustee tn exerciso
<br /> the Pav�er of Sae granied hetein tn tha marmsr prov2Qed in the Nehraska Tnist Oesds Act,oT,at the option of the genefrciary,may forestose tha
<br /> � � r Trwt Desd in the manrter provided by la�r�tor tha torectosure of mortgz$ES on real pmparty,inc�uding tha appointmertt ot a Receiver upon ex parta W
<br /> ; •�, bppGCatton,noUCe being hareby expressty vraived, without regard to tha vaiva of the propertY or the su�cianUy theteof to d�scRarge tha
<br /> indebtedness secured hesehy or in the toan agreement(s). Delay by Banaficiary in exercising tts rtghts upan default vfill rtot be constr�2d as a v�aiver
<br /> • �C thereot snd any act of 8ertefiCiary H�aivmg any specifie�default Y++ill not be consuued as a vraiver of any fuhue dafauit. If the proceeds under such
<br /> . '� sale or f¢rectosure ere insufficie�rt to pay the tatal indebiedness sacured hareby,Trusto�(sl do hereby agree to be persondly baund to RaY the unpaid
<br /> �. balance,and Benaficiary uvitt be entitled to a deficiency judgmerrt-
<br /> � • 8. Shoutd Bc�.Bciary elect to exercise the Power ot Sate granted herein,Bartaficiary will notity Trustee tivho wiQ teaurd,pu6fisA,and�p.Sc�er to
<br /> Trustor(s=:�:h f�atice of Oafautt and hotice of Sale as thsn re rIu�ired by Iar�and wi0 in the manner pra.fd�ri b�y Iaw,sell tfie proparty e:+isr•5me -
<br /> -_ ..._�i,�j;4: •, `R,
<br /> . ��� and place cf�te'".xed in ths M1lotieo of SBto ett�er as a vrhale ot separate tat�:aarcels,ot itemS ent!iR:ilr.it Cz�gr es Tcu5t69 wil{deem+.c7ifct�t3flt.
<br /> .'��f�� � ae.
<br /> Any persan:rrt�id at tho sale inaludng'�rustor(s),Trustea,oT Banafici�r/.
<br /> ?i� 9. Trustorts!hereby rem;�z:'s a co,�y of aay NoUce of DetauR or Notice.1 Sate hsreur.:�-ta be irrr�lr�t�Y cer6Tied mail to Trustor;�_� ��e _
<br /> � ;. ��,, ; address(es)set forth hsts.... {
<br /> 10. Upon detault,Banefica7,gdher in person or by a8enb wiih or without bringirtg any a�.'Yr v Fsocez"��and wi4har ri;�i�_ut regard m tha va►ue
<br /> `,� ��; of the property or the suffi�r,ra�y theteair to discharge the irtdebtedness secured heraby,I3:1��1^'...'3�81�C'2•'fS'S8�LO BMC:`itx�a nnd take possesslon
<br /> _'�,}: of the proparty in ita orin r.ar.:e or in the name of the Tnu�e and do anY acts or expend.:.^.y sums It dyar,�nace�ary�3esirabfe to pmtect or . —
<br /> -- • = :Y�.,;� i preserve ths value of the proparty or any irRerest therein,or increase the inscros tRerefto.�n:and with cr v�di;��st taking Fos883sion of the ptopBrty
<br /> .'r�Fj,��f.:� ts authorized to sue tor or othorwfise col[ect tha rente,issues,crops,pwT�,er►�incams thereof,inci�s:1�tisose past due and unpaid,artd rtppty
<br /> ' ; "• � t#ea sema uDan any inCebtedness secured horeby or in the I�an agreeman�.a,.
<br /> IUO temsdq herem canfertet�:�on or resarvad to Trustea or Eeneficiary is:�-1-��ed to h��^-�usiva ot arty c'.ner remedy herein or by la�:��vidsd
<br /> c•Rermitted,but each�ti:t icr���mulative,will he in add�ti�v r.a every othnr ce-c:.dy gicG��4�ra�nder or nouv or h0reaftcr er�:~ny at lavr m m squity
<br /> ral
<br /> � ; � ,�r,Uy statute,ensl maq fK•�:rdr.is8d concurrentty,indep�.^i�Jr33;�or successv2v. ,
<br /> S:t. 7rustor(s)aok'_Y.'r�:!'«.+`'zat ffie dutlas 8nd obI'�ga�^rrs at Trustea�n:::l Ca d�:rr:r�==�lely 6y th9 exprasa Fmvt�•�:r•.;tf this Trust Oesd or
<br /> - • ��=�a�ig•pm�'cn'p�...-y,C,E��`iL�and Trustee wi0 not 6a G�hJc�ru.t�ept tor ths�s��►maaa=c�`s,ch duuas and o6figattons�s a��a slecifle23y eet farth
<br /> � ' tnetein, �^2r���i^:7.:.+=t.�:'3nSS or aDligetiens will lte:z'��sed upon Tr:w-?��;Trustea Ltiiil not be liahta for any acoon tr,r it in gu13�:�+artd
<br /> ,;a•;,;... " reasonFS.y t�li:vad b7::c.�avihorized a�v,ithm tho discrotion or righ�.`t�3wars con:errefl upon it by this trust Oeed or state lav�.
<br /> � � 12. Tho irttagiry and ree����a:iity of Trus�*�c's)constitutas a port of the consideraUon fcr tha oblignt[flnc sscured hsreby. Should Tnu'�msEs1 sell,
<br /> ' '{�."�;,,it'.� trarrstor,or cnnvey the p:a(�:c°� describad I:zrein,without prior written con<_ent of Bene:icirary,Bonofitiury,at itn option,may declsre Y:�o ontire
<br /> ����"� indetrtedness immadiately driis arui payabla nnd may prace2d in the enforcament of its righr�as on any other defaul�
<br /> -• � " �� �,. 1�. Asr,fgnrtoertt ot RenL incladirt{�Proceode of Mineral leases_ Trustor(s)tereby assigns,transters,nrtd convoy�to Banoticiary at!renta,tayaltEee,
<br /> `__r•-;�;,^ ' banuses,artd detay moneys or otficr prazaeds that mAy fram time to 6mo b�comfl dua and poyab[3 under any raal estats lease or under ertY oil,gas,
<br /> ""-_-�'��_�;-+ graval,rack,or oiher minerat teasa oi anY kind Inciud+ng gsothatmal resaurcos rtOt�0x�ttng et that may hereafter como[nto existenee,coveriny
<br /> ; ,r,, �
<br /> :.�y=;� �; the property or any part thereof. AII such sums so reca�ved by Baneficiary will tre applied to the tnde6tedness securea hereby;or Banefia(ary,at
<br /> its opf�on,may turn ovar snd daliver to Trustot(s)or thatr saecassors in interast,any or aIl ot such sums vmhnut pre3ufice to eny of Benaficlary's
<br /> ^�``�" dghta to teke nmi rota�n future sum9,and without pre;adioe to ony of its other righte undor thi�T�ust Dcsed. Thfs ossignmeM wi116e cor.sVUed to
<br /> _;c�-�-;=:��' be e provision for the paym�nt os ted�tton of tha debt,sub;ect to tho Bansticiarws opuan as heroinUotoro prGVtdad indopnrtdaat of the iien on the
<br /> properey Upon paYment in fu1104 tho deDt artd thfl reconvnyar►eo ot this Trust Deed of record,this asstgnmeni wifl becoma inoperative and of no
<br /> ____w__�,;,�,:,,�n��� Tunher tarcn ana eftect.
<br /> - - 14. Thts Trust pend constiMes o Se�uriry Qpreemsnt with respuct to a0 the proporty desaribed horein.
<br /> � 76. Th�eovennnts canteined in thl9 Trust Cead v+i1►6o deamed to bo sov2rabla;in the event that any Rarti�n of th19 Trust Qeed is determined to
<br /> ;:=:;'� he� or nenforceab!o,that determ+nation�vill r.ot aftect tha validity ot the remeinirtg portion�ot tha Trwt Oeed.
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<br /> �,s�;:�;s�'' �yDIY[DUF� 60RROWERACKNOINI.ED(iN[ENT
<br /> ?��n-'�'�"�� SYATE dF NL''BRA.SKA 1
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<br /> ,�RA�4.�� COUNTY QF �
<br /> y�"�" � On tlils 2�� day of January , r;?99 ,botoro me,u iHotary Public,�arsonalty appeared
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<br /> ��=--_:._�`��_ �— Jeiry L. LJf�se and Tiny !9. Wiese, husband and wi.fe
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<br /> • to m9 kvsoan to 6o th�parsont�)narr�od in an�who ozecuted tho foregoing in�trument,and ackrtowledgafl that the�oxecuced Use samo as
<br /> --:= ;w:,�° th@iz votuntary sct acM Q¢ad•
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<br /> "_f°- �' • 6FJ61�Y0'Wi1FSt�a1 Hefd� � f.�n01.�]���.��y.�
<br /> _ 1•�': (SEAU � �1'IOALOORN —
<br /> M!►��•�tg� Echo Alcorn
<br /> � • fTypo namv undr�signaru�ul -
<br /> �1Sy commiaaion expires Feb. 19, 2002 , Notnry Public in anA tor Ea1d Caunry artd Stato
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<br /> � � Le 1 Dat.O�to:J:.nuary 28,1999 �.
<br /> . ' Ap d:00160480; Primary Customer ID N:00048505; CIF d:79504 9L PEg�2 _.
<br /> _ � ��RNI 5011.Trust Dc�d and Assgnr'nant of Rcnts -
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