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DEED OF TRUST
<br />THIS DEED OF TRUST is made this iizn rtsy of
<br />19 90 Gloria E McHugh, a single person, Jimmie L. M YdF and
<br />.among Itle Truator,
<br />Laurella A. McHugh, husband and wife (herein "Borrower"), Firdfler Bank, National Association,
<br />Omaha, herein "Trustee "), and Beneficiary, FirMer Bank, National Association, Omaha, Nebraska, a
<br />Nebraska, ( ry,
<br />i; corporation organized and existing under the laws of The United States of America, whose address is 1100
<br />Fornam Street. Omaha, Nsbraska, 88102.2183 (herein "Lander"►. -_ -
<br />BORROWER, In coonsideration of the Indebtedr►ess herein recited and the trust herein crested. irmerocably
<br />° grantsandcoly ysto Trustee, intrust. with powerotsats, thektllowirpdencrobsdpropertylocatedIn00County k, T
<br />Ha
<br />l� State of Nebraska: --
<br />.- -
<br />A tract of land comprising a Part of the Southeast quarter (SEl /4) of Section
<br />Six (6) , Township Ten (10) North, Range TWelve (12) West of the 6th p.m., in
<br />Hall 0ounty, Nebraska. more partAul.arly described as follows: Beginning at
<br />the southwest corner of said SE1/4; thence running Northerly along the West
<br />line of said SE1 /4 a distance of Two Thousand Six Hundred Lbrty -Four and
<br />Ninety -six Hundredths (2,644.96) feet to the northwest comer of said 9E1/4;
<br />thence running Easterly along the North line of said SE1/4 a distance of One
<br />Hundred Sixty J60.0) feet; ttvance deflecting right 151 degrees 06, and
<br />running Southwesterly a . distance of Ninety -Six and Forty -Two Hundredths
<br />(96.42) feet; thence deflecting left 60 degrees 12' and running southerly a
<br />distance of Three Hundred Forty -Three and Nine Tenths (343.9) feet; thence
<br />deflecting left 56 degrees 12' and running Southeasterly a distance of One
<br />uu,�a.ed Sev""'t'- Three, and Fourteen Hundredths (173.14 )feet; thence a
<br />deflecting right 55 degrees 33' and running Southerly a distance of 'lteo
<br />Thousand One Hundred Fifty -Six and Eighty -crte Hundredths (2,156,81) feet to a
<br />point on the south line of said SEl /4; thence running Westecll-y along the
<br />south line of said SE1/4 a distance of Teo Hundred Twenty -Seven and Ninety-
<br />Five Hundredths (227.95) feet to the point of beginning.
<br />which has the address of Route 2, Box 75 Shei ton
<br />IStMO IG+hl
<br />HE 68876 (herein "Property Address ").
<br />ISYM,w.Zlp Carol
<br />TOGETHER with 061 the improvements now or hereafter erected on the property, and all easements. rights,
<br />appurtenances, rents (subject however to the rights and authorities given herein to Lender to collect and apply
<br />such rents 1. eoyaltles, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixturies
<br />now or hereafter attached to the property, all of which. Including replacements and additions thereto. shell be
<br />deemed to be and vermin a part of the ptoperty covered by this Deed of Trust and all of the forego rn g, together
<br />with said property (or the leasehold estate it O us Peed of Trust is on a leashold) are herein referred to as the
<br />.Prop"..
<br />TO SECURE to LENDER (a) the repavment of the indebtedness evidenced by Borrower's note dated
<br />December 11 1990 (herein "Note "), in the principal sum of n23 .1 tw5nivu r EVE
<br />HUNDRED- ----------- --- -- - -- -- ---Dollars, with Interest thereon, providing for monthly Installments
<br />of principal and Interest, with the balance of the indebtedness, if not sooner paid, due and payable on
<br />pecanber 11, 1994 ; the payment of all other sums, with interest thereon, advanced
<br />in accordance herewith to protect the security of this Deed of Trust and the performance of the covenants and
<br />agreements of Borrower herein contained; and all renewals, extensions and modifications thereof. and (b) the
<br />repayment of any kAureadvanc m with interest in thereon, made to Borrower by Lender pursuanito paragraph 21
<br />hereof (herein "Future Advances ").
<br />BORROWER covenants Mat Borrower is lawfully seized of the estate hereby conveyed and has the right In
<br />grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and depend
<br />generally the title to the Property against all claims and demands, subject to any dawlarations, easements or
<br />restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest
<br />in the Property.
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