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RECORDATION REQUESTED BY*. �/y� <br />' t� � &%VON Alfa LAW AltSOC1ATfON OF <br />LBI00111 <br />1735 N STUFFY <br />PABNOW <br />LJNCOLKHE owl -300 <br />WHEN RECORDED PAIL TO: <br />FIRST FEDERAL. MVINTia NO LIOM ASSOCIAT1011 OF <br />LMOOLM <br />1715 N >sT1 W <br />PA. box am <br />LINCOLN, Nor am-300a <br />SEND TAX NOTICES TO: <br />Thomas tL Fagan and Jaoqus5hp L Fagaa <br />RL 11 box 147 <br />Cairo, HE e110114 <br />I <br />�- /y i <br />90- 119 0.2411 1 <br />SPACE ABOVE TWS LINE IS FOR RECORDER"S WE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST IS DATED DECEMBER 13, 1900, a=ng Thoth as E. Fagan and <br />L Fagan (also known <br />VESTED AS FOLLOWS: Thomas E. Fop" (stall known so Thomas Fagan) and Jacqueline <br />as JaeWellne Fagsn� Husband and Vlflfe, whom address Is RL 1, Box 142, Calm, NE 68824 (referred to below <br />as "Grantor"); FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, whose address Is 1235 N <br />STREET, P.O. BOX 63008, LINCOLN, NE 68501 -3009 (reforted to below slomatinles as "Lender" and sometimes <br />as "Beneflclary"); and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, whose address Is <br />1238 N STREET LINCOLN, NE 88501 (rsforred to below as "TwlLtee' <br />CONVEYANCE AND QUINT. For vallraWe oonaWarafJat, flramtor aanvsya to Tnaatsa ts frrtat, WITH POIAfER OF SALE, for Use bsrn5t of <br />Lender as BenMatary, M of Grantors right, titla, and k4ING011 in and to the fo eft described real propmV, together with as misting or subsequen illy <br />demoted or allhud bullrings, Improvement and fhduas; an saserrwnts, rights of way. and appuutananoa% am water, wader rights and dhch lights <br />utillifles with ditch o i�Coroyalties, <br />t> , Inducift without" <br />Suds off Nobrooke (the Ri p rop w) <br />, , , a. g„>h l ndak e, .d in Ha <br />Tlhe Southeast Quarter (SE 114) of Sedan Three (3) In Township Eleven (11) North, Range Eleven (11) <br />West of the 6th P.m., Haft County, Nebraska, exceiilt the following doud bed tract of land: Beginning at <br />the Southeast corner of said Southeast (]uarte► (SE 114) thence Cann ➢rep northerly along the east One of <br />said Southeast Quarter (SE 114) a distance of three hundred seventy -two (372) feet; thence running <br />westerly parallel to the south line of said Southeast Quader (SE 1/4) a distance of nine hundred <br />ninety -three (983) feet thence running southerly, parallel to the east line of said Southeast Quarter (SE <br />114) a distance of three hundred seventy -two (372) feet to a point on the south One of said Southeast <br />Quarter (SE 114) thence running easterly along the south One of sold Southeast Quarter (SE 114) a <br />distance of nine hundred ninety- threa (993) feet to the point of beginning. <br />Grantor presently 8111311901 to Lender (also known as Benewary In this Dead of Truett alt of Grantor's right, title, and Interest In and to am PHNOM and <br />future k+ mm of as Property and all Rents from the Property. In addition, Grantor grants Lender a Uniform Corrrywrddai Code security Interest In the <br />Rents and trio Personal Rap" de0ned below. <br />DEFINITIONS. The fWwing words shad have the IOilowing maninp when used in this Deed of Trust. Terms not otherwise defined In Ibis Deed of <br />Trust sham have Bee nsarstngs attributed to such terms In ifs Nebraska Undorm Conxmxdal Code. Alf references to dollar amounts shall mean <br />amounts in lawful money of the United States of Araks. <br />ffMrMolary, The word '8eneflcMW meaner FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, he tuooenore and awl9n13. <br />FIRST FEDERAL. SAVINGS AND LOAN ASSOCIATION OF LINCOLN also is referred to d "Lander In this Dead of Trust. <br />Dead of TrusL The words "Deed of Trust' mean this Deed of Trust among Grantor, Lender. and Trustee, and Includes without !In talon all <br />assignment and security Interest provisions reladng to the Personal Property and Rents. <br />Grantor. The word "Grarda" mans any and all persons and entitles exewtlng this Deed of Trust, Indudi ng without &Motion Thomas E. Fagan <br />and Jed prima L Fagan. <br />linismernents. The word 9mprovernente means and Includes without Wdtatk►n 111 ettf11tkrg and future improvemsrtts, faturee. Iwrdirnpa, <br />strumtes, mobile honors affixed on The Real Property, facitles. additions and other construction on the Real P(operty. <br />Irndebtedness. The word " Indebtadness' means all principal and interest payable under the Note and any amounts expended or advanced by <br />Lender to decharge obligations of Grantor or expenses Incurred by Trustee or Lender to enforce obligadons of Grantor under this Deed of Trust, <br />together with Interest on such amounts as provided in this Dead of Trust. <br />Lander, The word *Lender" means FIRST FEDERAL SAVINGS AND LOAN ASSOC' r;ON OF LINCOLN, Its sutxsesoa and assigns. <br />Nei. The word "Note means go Mote dated oeoember a, 1ede, in the principal amount of $150,000.00 from Grantor to Lender, <br />W o tw with an renewals. emersams. mcitficatlons. refinancings, and substitutions for the Note. The maturity date of this Deed of Trust is March <br />1.213:16. NOTICE TO GRANTOR: THE NOTE CONTAINS A VARIABLE INTEREST FIATF- <br />personal <br />by Grantor, � or hereafter attached or alfilied w the Red Property; together Win eocessionstpawsartcl poperty now or hereaftee addisons to, All replecemenowned <br />end All subsdtutione for. any of errs!' properly: and wgeder wkh all proceeds (Including without "ation an msutw7 w pr000sde and refunds of <br />p,remume) from any sale or other du*ostiton of the Property. <br />Property. The word "Propany' rnearz ¢ofactwely the Rest PropeM and the Personal Property. <br />Real Propene. The words'Real Property' mean the property, interests and rights described above in ftw'Conreyance and Grant' section. <br />Relstad Dodaaaaeto. The words "Related Docurnenb' mean and Imiuds wAhout limitation an promrssay notees, credit agreements, loan <br />agreements, guannwas, aawfity agreerrents. mortgages, deeds of trust and as Other inetruments and doameram whether now or hereafter <br />are I - 9. exaculed rn connection wnh Grantor's Indebtedness to Lender. <br />Ranh. The word "Plants' manna all present and future rents. revanum. =caw, issues. royalties, profilS, end other Oets13its derived from the <br />PropeN- <br />Truslas. The word 'Trustee" means FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN end any sub11M IO or 11uccsesor <br />truslaft THIS DF.JED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RFlnrti AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL OBLIGATIONS OF <br />GRANTOR UNDER TIE NOTE, THE RELATED DOCUMENTS. AND THIS DEIED OF TRUST. THIS DEED OF TRUST IS GIVOr AND ACCEPTED <br />ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided In this Deed of Trust, Grantor shat pay to Lender all amounts secured by this Dead of <br />Trust as they beoome dew. and shad strictly and In a bendy nw rw perform M of Grantor's oblrgasons unllor "Note and lira Dead of Trust. <br />POSSESSION AND MAIWENANCE OF THE PROPERTY. Grantor agrase that Grantor's possession and use of the Property shall be governed by the <br />i x: <br />I <br />�- /y i <br />90- 119 0.2411 1 <br />SPACE ABOVE TWS LINE IS FOR RECORDER"S WE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST IS DATED DECEMBER 13, 1900, a=ng Thoth as E. Fagan and <br />L Fagan (also known <br />VESTED AS FOLLOWS: Thomas E. Fop" (stall known so Thomas Fagan) and Jacqueline <br />as JaeWellne Fagsn� Husband and Vlflfe, whom address Is RL 1, Box 142, Calm, NE 68824 (referred to below <br />as "Grantor"); FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, whose address Is 1235 N <br />STREET, P.O. BOX 63008, LINCOLN, NE 68501 -3009 (reforted to below slomatinles as "Lender" and sometimes <br />as "Beneflclary"); and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, whose address Is <br />1238 N STREET LINCOLN, NE 88501 (rsforred to below as "TwlLtee' <br />CONVEYANCE AND QUINT. For vallraWe oonaWarafJat, flramtor aanvsya to Tnaatsa ts frrtat, WITH POIAfER OF SALE, for Use bsrn5t of <br />Lender as BenMatary, M of Grantors right, titla, and k4ING011 in and to the fo eft described real propmV, together with as misting or subsequen illy <br />demoted or allhud bullrings, Improvement and fhduas; an saserrwnts, rights of way. and appuutananoa% am water, wader rights and dhch lights <br />utillifles with ditch o i�Coroyalties, <br />t> , Inducift without" <br />Suds off Nobrooke (the Ri p rop w) <br />, , , a. g„>h l ndak e, .d in Ha <br />Tlhe Southeast Quarter (SE 114) of Sedan Three (3) In Township Eleven (11) North, Range Eleven (11) <br />West of the 6th P.m., Haft County, Nebraska, exceiilt the following doud bed tract of land: Beginning at <br />the Southeast corner of said Southeast (]uarte► (SE 114) thence Cann ➢rep northerly along the east One of <br />said Southeast Quarter (SE 114) a distance of three hundred seventy -two (372) feet; thence running <br />westerly parallel to the south line of said Southeast Quader (SE 1/4) a distance of nine hundred <br />ninety -three (983) feet thence running southerly, parallel to the east line of said Southeast Quarter (SE <br />114) a distance of three hundred seventy -two (372) feet to a point on the south One of said Southeast <br />Quarter (SE 114) thence running easterly along the south One of sold Southeast Quarter (SE 114) a <br />distance of nine hundred ninety- threa (993) feet to the point of beginning. <br />Grantor presently 8111311901 to Lender (also known as Benewary In this Dead of Truett alt of Grantor's right, title, and Interest In and to am PHNOM and <br />future k+ mm of as Property and all Rents from the Property. In addition, Grantor grants Lender a Uniform Corrrywrddai Code security Interest In the <br />Rents and trio Personal Rap" de0ned below. <br />DEFINITIONS. The fWwing words shad have the IOilowing maninp when used in this Deed of Trust. Terms not otherwise defined In Ibis Deed of <br />Trust sham have Bee nsarstngs attributed to such terms In ifs Nebraska Undorm Conxmxdal Code. Alf references to dollar amounts shall mean <br />amounts in lawful money of the United States of Araks. <br />ffMrMolary, The word '8eneflcMW meaner FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, he tuooenore and awl9n13. <br />FIRST FEDERAL. SAVINGS AND LOAN ASSOCIATION OF LINCOLN also is referred to d "Lander In this Dead of Trust. <br />Dead of TrusL The words "Deed of Trust' mean this Deed of Trust among Grantor, Lender. and Trustee, and Includes without !In talon all <br />assignment and security Interest provisions reladng to the Personal Property and Rents. <br />Grantor. The word "Grarda" mans any and all persons and entitles exewtlng this Deed of Trust, Indudi ng without &Motion Thomas E. Fagan <br />and Jed prima L Fagan. <br />linismernents. The word 9mprovernente means and Includes without Wdtatk►n 111 ettf11tkrg and future improvemsrtts, faturee. Iwrdirnpa, <br />strumtes, mobile honors affixed on The Real Property, facitles. additions and other construction on the Real P(operty. <br />Irndebtedness. The word " Indebtadness' means all principal and interest payable under the Note and any amounts expended or advanced by <br />Lender to decharge obligations of Grantor or expenses Incurred by Trustee or Lender to enforce obligadons of Grantor under this Deed of Trust, <br />together with Interest on such amounts as provided in this Dead of Trust. <br />Lander, The word *Lender" means FIRST FEDERAL SAVINGS AND LOAN ASSOC' r;ON OF LINCOLN, Its sutxsesoa and assigns. <br />Nei. The word "Note means go Mote dated oeoember a, 1ede, in the principal amount of $150,000.00 from Grantor to Lender, <br />W o tw with an renewals. emersams. mcitficatlons. refinancings, and substitutions for the Note. The maturity date of this Deed of Trust is March <br />1.213:16. NOTICE TO GRANTOR: THE NOTE CONTAINS A VARIABLE INTEREST FIATF- <br />personal <br />by Grantor, � or hereafter attached or alfilied w the Red Property; together Win eocessionstpawsartcl poperty now or hereaftee addisons to, All replecemenowned <br />end All subsdtutione for. any of errs!' properly: and wgeder wkh all proceeds (Including without "ation an msutw7 w pr000sde and refunds of <br />p,remume) from any sale or other du*ostiton of the Property. <br />Property. The word "Propany' rnearz ¢ofactwely the Rest PropeM and the Personal Property. <br />Real Propene. The words'Real Property' mean the property, interests and rights described above in ftw'Conreyance and Grant' section. <br />Relstad Dodaaaaeto. The words "Related Docurnenb' mean and Imiuds wAhout limitation an promrssay notees, credit agreements, loan <br />agreements, guannwas, aawfity agreerrents. mortgages, deeds of trust and as Other inetruments and doameram whether now or hereafter <br />are I - 9. exaculed rn connection wnh Grantor's Indebtedness to Lender. <br />Ranh. The word "Plants' manna all present and future rents. revanum. =caw, issues. royalties, profilS, end other Oets13its derived from the <br />PropeN- <br />Truslas. The word 'Trustee" means FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN end any sub11M IO or 11uccsesor <br />truslaft THIS DF.JED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RFlnrti AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL OBLIGATIONS OF <br />GRANTOR UNDER TIE NOTE, THE RELATED DOCUMENTS. AND THIS DEIED OF TRUST. THIS DEED OF TRUST IS GIVOr AND ACCEPTED <br />ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided In this Deed of Trust, Grantor shat pay to Lender all amounts secured by this Dead of <br />Trust as they beoome dew. and shad strictly and In a bendy nw rw perform M of Grantor's oblrgasons unllor "Note and lira Dead of Trust. <br />POSSESSION AND MAIWENANCE OF THE PROPERTY. Grantor agrase that Grantor's possession and use of the Property shall be governed by the <br />