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<br /> .���s ' Daed of Trus� �k".r,:�v-:-•-
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<br /> ,�;' TNISOEED OF TRU5T ia m�0o��a. 31at _ d+�y ol -Da¢w�ar. , 111 9U .Hv�nd t��wwn L�r ccy J. iG1uYb uud � �:, , ______
<br /> , Keran L. nuth� N�.�I��nd jp�W1 f�.-- W/MIf1M/WeM W rllu►a1.l►NIIN/IYITMI RANNd Il1A"TIUAM►"!, ,..�1,,,,,�,: 5 a
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<br /> . . �. : wfrose ma/Nnp addnss is.�t_2-8oac-13D, Buaad. La].aad�. WLt f�UW�J ; . .''�
<br /> � NORWEST BANK JI,6tli0CZA�i0t1-� ina�r.���Nw��uwi u�M /nnt�r 1 M•hr�wn mNtllnp nd(f�oAr la
<br /> . ' • ' Po B x 17bg�,(lr .+� 7■1■n ,.._.NB. 68O8Q NORWfST AANK NliBfUSiltA• NA1'atJaAi. Afifa3t:lA7'1tiN� .(l�a►amanar :,�,��
<br /> , call�d fM"Benehe�oy..► whw�mailinp add►���i� J.'D�n�t1T68.. Gsond l�Lwd• ML 0l11101 • • �%.:=• �
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<br /> IF THIS 80X JS CHECKED( �THIS pEEp OF iRUST CONS 111u f!5 A c:t)NS tNU(:11nN .� ,z�`�•
<br /> 0 AN�nNDCO S��UTESACONSRUC ONSEf�RIfYlN11Ht`tif�NfNlPNlif'tN1YlS '• ,
<br /> � p�SCA1BED H�R�INAELOW. ppp HUNlllilill 91 RTY N 1 yY. tIII�UBANU TWl) HUNDRNp
<br /> WHEAEAS, Truafor/a Indebted fo Benehciery in rho pnnc►pel Rum ol NI NQTY IikViili ANII �lf�/1Y�- —��'�'°—'—'—"'
<br /> DoIlArB(S 1 bq____,�?Q7-?4 J.whiCh/ndebfedneas Is ov/doncodby TruRfrn'p pro�mssary nufn�i�h�d i'l�ly 0 • !���►~� ,Ihe►alnalfo► }�
<br /> , Called tha"Nots").WYsOW ro fhe oider ol9anolicrery anQ nawnp e melunfy ol l+�htwtry "l 2 l 9y� 1�
<br /> NOW,�NEREFOAE.M.t►►e purpoce o/sacunnp.• �
<br /> •' (�� ppymenf d Nw NoN.Mgefher with Inforeaf fhervon.�che►yea,p►epaym�►nf pamUGor�,xny k�fu�r wJVwncrH.���d r11 o+rfenaiana. �
<br /> rt�drlrcdhpns,suhsGtu�ia�s end rerwwals fM►�oF
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<br /> (bl PaYme^f of ell ott+er sums.lees or charges.togsMw'M+�tA r*Ow�sf rhoroon,advnnc��d 1��prc�lar.r�Iw ��cur�ty u/lh�y Ow+d o!T►ust r�nd ;' . r
<br /> Me pPrlo►manCe o/the covenanfs and epreomer+ts ot Tr�s[io+'•whefher a nof sef InRh nmom, � • •
<br /> (c) per7ormance,discharge of and comp6ance wnh e�ery te►m.covenenf,obl�peUon end op►oen�unf a► I�us ta cont�mod I►nrmn or � 4
<br /> � , �ncorporeted by�efe►ence a eny oiher sqcunty rnshu�rwrt[at anyhme g�von fo socure fhu Nnte►.enr� ,
<br /> '�,``s r (d) fhe�epeyment ol all other sums or lutu►e edvar�ces.w+M rntwost Ihe�eon.wh,rh may herafofo►o hav�bvw�n►horo�Ka►bo ndvanced ;
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<br /> by Benehaary fa T►ustor or Trusto�'s successa���terest o►Mto. '
<br /> �1. allol whlCh is he►elneRe►ColfeChve/y Ce/fed fhe"IY+clebtedrtess _ Truslo►iirovoceblY granfa end franslerc ta buelev.�n huif. WIIH POWER
<br />�:., . `��� '•'• �FSALE thefollowmgdescnbedproperry The Weat Nalf of the NorthQaet t�uartor (W;NF�) a�d the Woet Half
<br /> o the �outheaet Quarter (W}SE�) of Section One (1)� Town�hip 1en (10) Nort � RanaQ Ten �10),
<br />" •� West of the 6th P.M.� in Kall ounty Nebraska, cantaining l68 ocrer. awr� or le�e. and
<br /> ; ;, The NortFvest Quarter of the Northerast Quatter (NW}N�#) of Section Twalva (12)� 1n Towitehip �
<br /> ,�. ,:, Ten (10). North. Range Ten (10) Hest af the Sixth (6th) P.M.� in Nall Caunty• Nabrunkn. � �
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<br /> ' •� together wiih(I)ell buifdmgs,shucwres,addrhons,en/argoments.moddreahons.►epairs,replec�menla,end irnpr�ivem�nla now or lw►oalfa► i
<br /> focated thereon,(il)all equ�pmant,machinery end lixturos(snc�ud�ng.w�tnout l�m�tatwn,all lighhng,hoahng.�anr�labng.ca�imQ,au �
<br /> � condidoning,sprinkling and plumb�ng lixtures.wate►and power syste�s. eng�nes.balers,ranges,ovons.d�ahwu�he►s.nuno�d end mantels,
<br /> Ce►petlng,lumeces,od bumers,efevators and motors.re/nge►atron p�ants o►unrts.communicat�on sysfem�,d ynamos.lransloime►s,slecfncal I
<br /> ,;, equlpmenf,storm and screen wmdows.doo►s,awnmgs and shadosl now or herealte•atlached to,o►b�Mt m,eny bu+ld�ng or�mprovemenl I
<br /> �, , . iww or he►ealter located thereon.(in�al!easemenfs ar.a•ights of way appurtenan�t►+ereto.I�v1, all len8ehold t�5fatu,nyhf,hHe�nA mfa►e�f ol �
<br /> � TiustO►In and to all leases,wh9the►now o►hereelte►r�N;s:+nq o�entered�nfo Imcfud�ng.w+fhouf lim►fedon.all cash anA secunry deposils.
<br /> ' advance rentals and deposrts or paymen►s ot a simtler naturel.,taeKah�+ng►hereto.(v�arr rertts �SStles,prOfdB rind�nCpme IhOrAht�m(SUb�eCt
<br /> ro the nght ol Trustor to coltect and app/y such rents.+ssues,prahts an��ncome es fney bec:a►+e d�e en0 payabre so long us no evenf ol
<br /> � delauR exlats hereunder�,tyr)all r�yalhes,minera►.af end ges r�ghts arrJ prolds.wate► water r�ynts.and wefer atxk.(w�)nll fenemenfa,
<br /> heredltaments,pnvileges and appuRenances belong�ng.used o�en�oyed in connecarr�tnerewHh,and f wnl all pruceeds of convers�on.
<br /> • �����: � vduntary or involuntary,ol any of the loregang mto cash or hqu�dated claims(�nclua�r� wrthouf nmrtetwn,p►oceeda of inau►ance and
<br /> � condemnaflon awerds),all OI wh�Ch is he►eineBe►Co!leCfively Cell@d the 'T�ust Pro,pe►ty'
<br /> � ,:� TO PROTECT THE SECUAIIY Of THIS DEED OF TAUST,TI�USTOA COVENANTS AND AGREES AS FOL.LOWS
<br /> 1. Tltle.Trustor covenanfs,wanants end agrees wdh Bene/�c�a►y-.rts successors end essigns,that Truslo�owns fhe Ausf Proporry Irae
<br /> � � ' Irom any pnor llen o►encumbrance.fhet th�s Deed o/Trust�s antl w����emarn a vel�d and eMo►Ceable f•►s�f�en on the Trusf Properry.
<br /> - _•`}�`. • thet Trustor,at ifs expense, wtll preserve such tltle 9nd wdl mernlern fh+s Deed of lrust as a h►sf and pvramounl l�en upon►he T►usf
<br /> Prope►ry and wdl lorever wenant and delend the valld�ry end pnor�ty ol the l�en hereof agamst fhe c�a�ms o/a�l pQrsons end perhYp
<br /> � ' � . whomsoeve►. Trustor.ef ifs expense,w�ll cause►h�s Oeed o/Tiust, and eacn amendmont or supp/oment Nerefo.to be l�led tlnd
<br /> •�" • recaded as a mortgage o�the Trust Properry m such menne►and�n such p�ace and wHl►ake sucn ecfron es�n fhe opm�on at Tiusfoc�
<br /> � mey be reqw►ed by eny present or lutwe law m order fo pedecf,mamfem and p►ofert the��en of�h�s Oeed ol 1�usL us fn�same mey
<br /> � � � '`' • be emended or supplemented Irom hme�o hme.Trustor wdl make such IuRhe►assurarcN a►assurances to puAeCf ds hHe�o Me iruaf
<br /> � �� Pioperty as may be►eqw►ed by Benef�aary T�usto►hereby relinqwshes au rrgrtr o�dowe�and►mrnesfeatJ�n ami fo Ihe lrusf PmporfY ,
<br /> �. • 2. Peyment of Indebtedness. T►usto►shall punctually pey the pnnc�pel�f and mtQresr on fhe Indebtedness socure�d hereby
<br />- �'% ' 3. Consbucdon ol lmprovemenfs.Trusta shall comple►e m�ood and workn�an��r�e+�+anne►any buddm�qs.�n�p�oven�nfs or n�pu��s�Wauny
<br /> � � [hereto which may be begun on the Trusf P�operty or contemplafed by fhe�oart ewaenced by fho Note secu►eA hereby.tn pay whnri
<br /> due all Cosfs end liabtlihes�ncuned therelore, and nof fo pe�mrt eny const�uct�on l�en aga��sf such irusf Piopurty In the ovent
<br /> � �` � construction ol bwld�ng8.improvements or�epaus e�e conlemplated. Trusta a�su ay�e�s anyfhinp u� lhis Ooud of Trca��fo fhN cur�Uery
<br /> � nolwlthstend�ng;(a)to promptly commence arty such�ork and fo compiete ene F►aROSea�mprnvemonts p►omptly.(bl tu cw►►Nl�f�Nw
<br /> , .��� . SBme in aCCO►dence wlth the plens a�d sAeatrCaGOns a s aAp�oved b y BBre<<c�a►►� �u�c ComP�Y wdh o��U►o fo►n►e uf o buddinp i�wn
<br /> ,� agreement,il any,between Trusror and Benelrc+ary rrte terms or wn,cr are.ncaaor�te�he�e,n b y�ohnonco and rnado u px�t hww��r
<br /> ' (dl to ellow Benebcrary ro�nspecf fhe T�ust Proper►.p�at au hmes�unrtg consaLCnc�+> an�s�M�fo ropiece any worN or►nefonnls
<br /> `� unsatrsfacrory►0 8enelic�ary wrtn�n hReen r f 51 aays are•N�•n!'^•'•''1 r�"•�°HF^4�n''..i'� "�u�'h I�li't
<br /> , :4t�,� , � � 4. Funds lor Payment ol Charges Sub�ncf ro eppl�cab�e�aw c�.•. .f�r��!'e"+o.�..n•�, �F?�Q�(,I�I`I.II(ISIUI�IIIIII�II�Y�O��UIIIIII/'IN/y UII IIf��
<br /> r','� . /iist day o!eaCh month.or suCh other daft+each monln.is m,�y t•e scec�r N;;t. B�°�':•.+ry ����n��nn►rumtranim►�s,n r►�u�i����,��r ,i,u�n
<br /> • � ��:;�, , ��? (heremaMer calletl fhe"Funds'�1 eQual to 1 1?th of tne yearty ta�e:��••��s��s;^"R^'s.vn�ch rr�ny.�nan��r�ardy avur fh�x Ue�rd��l i�util
<br /> �1 ;.,,,5''� , � ' and ground renfs on the Trusf Property.�f any.Pws 1 12th ef thn y�,a,•;Y,Jrf��.}�*r �;t:dlnron�s fo�rr�unid uir:unui�:u.plus 1 t.'M�d tnu
<br /> yearly premwm mstalfinents lor mortgage�nsurance.��d/ty.7ll JS���ASO�d:.y fJG�/li7fB�i�4h�fll y rl►Uf flr7Ri(�Ir10(U fun0 fiy HN��a����Ary�"'
<br /> ' � • �;,. ._.._...........................�e on.1 h.11c nnii raacnnahlw nthisfAfAti fh0►BOI The Fu�tds sholl bon��hld� :�nursldubun. fhi��hq�ntid����
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<br /> � `� .'.,,i,.., , aCCOUnts of whiCh ere msured or gun►anfeod by a federul or sf�fe agency�r�cludvig Bwrn►�cu�ry Hune►hCU1ry sl�DU u�iplv mp r unrn n�
<br /> - ,', `'� pay sa�d taxes,assessmenfs.msu►ance p►om�ums anrt qround renfs Henohc�ary snNU►�ot ae�aqunucl to puy ►���sru�,ur���r�fNr.rrf���
<br /> .; ,�' `!`� eamings on the Funds.Benehcrery she►I qrve to i�usror, w�rhout cha►pc�.r+n ennual acrow�hnp vl r►u� tun�ts shnwn��������h►s.ind
<br /> `.���•.` debrts to the Funds and Ihe purpose lor wh�ch each debrt�o fne Funrls we+s mr�dn ThU l u��d;.JIU pl�►d��P�l�1k NddR�und�tiui u��fY��'�
<br /> �; � the Indebtedness secured by fh�s Deed o!Trusf ll the amounf ol tne F��nds held b y dunnl�c•�Ury. fvd�►thnr wdN tho luhnu nrn��Uu�
<br /> installmenfs of Funds payable prior fo fhe duo dntes a�taxus. assessmenls.�nsu►e�nc��l�rorruum` nnU qr��unJ ronl�,, •.IUU1����a��d nw
<br /> � • '�l`•;� � emount requrred to pay sa�d faxes.essessmanrs.�nsuruncu prem�ums��nd yround n��rts d:�thuy Idu�lu��.r.ur:lr u�conn•�nnn n�� ��i
<br /> ;�;, ' TruStor'S Opf�on,erther pro�npny repe�d to T�usra o,credded►o i.usrrn:+gH,nsr iuture�nn+�rni�m�s�um►ronrs ui I und�. 11 Nu�,unmu��u�
<br /> 1 ���:';.���.: � the Funds hefd by Benehciary shall not be suH�c�enf fo pey fe■os. assessmenfti ur.:urani•i��1�anuums und 4��uu�ui�onfti��ti 1��ny 4w�l��v
<br /> �,:;.�;,�• 7NSfOf Sh8/1 p8y t0 B@IIBhClBIY 6�y 81IIUWtf/IBCBSSU/�fp m7k6 up IhU AdhCitl��Cy wdhm fhVfy dlly.'���Uln fht�d�IfO�u�h�U�ti��ku4al h�
<br /> BeneliC►ary to Trustor requesGny payment fhereof Upon paymenf m fuit cl;t�i Mdebtuhrie��,s. du►ruhc��+ry'.��lN�pNNRpfly mf�p��l fu
<br /> • � ,`•!� � � �. Trusfor any Funds held by Benelic�ary If fhe Trusf Proporry�s yn/d un�1a�fhn Noww ol ti,�id ur In�r hur+l Ni�i��u►ry�s orharw�nu����J�������r
<br /> . � .• � � .
<br /> � by Benelic�ary.Benebc�ary shaU apply.�mmed�etely p�u,r ro tne s��io ui rnv Irusr Propwfy u►�re��c4���n�ir,,n n�Hvnnr���,�►y ,u�r������i+
<br /> ;�,�i',-'•`.., ' ,�';,'.f�,��I held by BeneGciary et the hme ol applicahon as a c►ed�f�+yernst�hn Inrluhfe�dnu�s ll H��nnhcairy u�o�•ulns��w�dfw�w�u�eu��l l n�ti1n��•
<br /> ;•::� ,',;''�� �. � ; obligat�ons under th�s paragraph 4. �rusfor covunanfs un�1�iyro�rs fu yu�.buluru Ih��ti,�mu t�uruim��/ui���Uuo�rt �ui�.���'•. .r.•,n•,.,���r��f.
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