This DEED OF TRUST is made this 28th day of September, 2001, by and among RAYMOND V.
<br />ROBERTSON and MARILYN J. ROBERTSON, husband and wife, hereinafter referred to as " Trustors," .�
<br />whether one or more, whose mailing address is Box 1, Cairo, Nebraska 68824; THE STATE BANK OF
<br />CAIRO, a Nebraska Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is
<br />Box 428, Cairo, Nebraska 68824; and THE STATE BANK OF CAIRO, a Nebraska Banking
<br />Corporation, hereinafter referred to as "Beneficiary," whose mailing address is Box 428, Cairo, Nebraska
<br />68824.
<br />For valuable consideration, Trustors irrevocably grant, transfer, convey and assign to Trustee, in trust,
<br />with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of
<br />this Deed of Trust, the following described real property located in HALL County, Nebraska:
<br />All of Lot 18 and the northerly 40 feet of Lot 17, and part of Lot 19 described as follows: Beginning at a
<br />point 62.27 feet north of the southwest corner of Lot 19, in Block 8, Original Town of Cairo, Nebraska,
<br />thence southerly along and upon the westerly line of said Lot 19, Block 8, a distance of 62.27 feet to the
<br />southwest corner of said lot, the point of beginning, thence easterly along and upon the southerly line of
<br />said Lot 19, in said Block 8 a distance of 140 feet to the southeast corner of said lot, thence northerly
<br />along and upon the easterly line of said lot 19, Block 8, a distance of 15.45 feet to the intersection with
<br />the southerly line of Highway #2, thence northwesterly along said Highway #2, to a point where said
<br />Highway intersects the westerly line of said Lot 19, Block 8, thence southerly on the westerly line of said
<br />Lot 19, Block 8, to the southwest corner of said lot, and being the point of beginning, all being in Block
<br />8, Village of Cairo, Hall County, Nebraska;
<br />and
<br />Lots 1 and 2, Block 7, Original Town of Cairo, Hall County, Nebraska, except that part of Lots 1 and 2,
<br />Block 7, previously conveyed to the State of Nebraska by deed recorded in Book 82, at page 597 of deed
<br />Records in the Office of the Hall County Register of Deeds; ;
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges
<br />and appurtenances located thereon, and all personal property that may be or hereafter become an integral part of
<br />such buildings and improvements, all crops raised thereon, and all water rights, all of which, including
<br />replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it
<br />being agreed that all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness evidenced by Trustors' note of even date herewith in the principal sum of
<br />$85,000.00, together with interest at the rate or rates provided therein, and any and all renewals, modifications
<br />and extensions of such note, both principal and interest on the note being payable in accordance with the terms
<br />set forth therein, which by this reference is hereby made a part hereof; and any and all future advances and
<br />readvances to Trustors hereunder pursuant to one ore more promissory notes or credit agreements (herein called
<br />"Note ");
<br />b. the payment of other sums advanced by Beneficiary to protect the security of the Note;
<br />c. the performance of all covenants and agreements of Trustor set forth herein; and
<br />d. all present and future indebtedness and obligations of Trustors to Beneficiary whether direct, indirect,
<br />absolute or contingent and whether arising by note, guaranty, overdraft or otherwise;
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTORS HEREBY COVENANT AND AGREE:
<br />1. To pay when due, the principal of, and the interest on, the indebtedness evidenced by the note, charges, fees and all other sums
<br />as provided in the loan instruments.
<br />2. Trustors are the owners of the property and have the right and authority to execute this Deed of Trust in respect to the property.
<br />3. To pay, when due, all taxes, special assessments and all other charges against the property, before the same become delinquent.
<br />Trustors shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust or the
<br />debt secured hereby, without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the
<br />Beneficiary.
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<br />This DEED OF TRUST is made this 28th day of September, 2001, by and among RAYMOND V.
<br />ROBERTSON and MARILYN J. ROBERTSON, husband and wife, hereinafter referred to as " Trustors," .�
<br />whether one or more, whose mailing address is Box 1, Cairo, Nebraska 68824; THE STATE BANK OF
<br />CAIRO, a Nebraska Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is
<br />Box 428, Cairo, Nebraska 68824; and THE STATE BANK OF CAIRO, a Nebraska Banking
<br />Corporation, hereinafter referred to as "Beneficiary," whose mailing address is Box 428, Cairo, Nebraska
<br />68824.
<br />For valuable consideration, Trustors irrevocably grant, transfer, convey and assign to Trustee, in trust,
<br />with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of
<br />this Deed of Trust, the following described real property located in HALL County, Nebraska:
<br />All of Lot 18 and the northerly 40 feet of Lot 17, and part of Lot 19 described as follows: Beginning at a
<br />point 62.27 feet north of the southwest corner of Lot 19, in Block 8, Original Town of Cairo, Nebraska,
<br />thence southerly along and upon the westerly line of said Lot 19, Block 8, a distance of 62.27 feet to the
<br />southwest corner of said lot, the point of beginning, thence easterly along and upon the southerly line of
<br />said Lot 19, in said Block 8 a distance of 140 feet to the southeast corner of said lot, thence northerly
<br />along and upon the easterly line of said lot 19, Block 8, a distance of 15.45 feet to the intersection with
<br />the southerly line of Highway #2, thence northwesterly along said Highway #2, to a point where said
<br />Highway intersects the westerly line of said Lot 19, Block 8, thence southerly on the westerly line of said
<br />Lot 19, Block 8, to the southwest corner of said lot, and being the point of beginning, all being in Block
<br />8, Village of Cairo, Hall County, Nebraska;
<br />and
<br />Lots 1 and 2, Block 7, Original Town of Cairo, Hall County, Nebraska, except that part of Lots 1 and 2,
<br />Block 7, previously conveyed to the State of Nebraska by deed recorded in Book 82, at page 597 of deed
<br />Records in the Office of the Hall County Register of Deeds; ;
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges
<br />and appurtenances located thereon, and all personal property that may be or hereafter become an integral part of
<br />such buildings and improvements, all crops raised thereon, and all water rights, all of which, including
<br />replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it
<br />being agreed that all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness evidenced by Trustors' note of even date herewith in the principal sum of
<br />$85,000.00, together with interest at the rate or rates provided therein, and any and all renewals, modifications
<br />and extensions of such note, both principal and interest on the note being payable in accordance with the terms
<br />set forth therein, which by this reference is hereby made a part hereof; and any and all future advances and
<br />readvances to Trustors hereunder pursuant to one ore more promissory notes or credit agreements (herein called
<br />"Note ");
<br />b. the payment of other sums advanced by Beneficiary to protect the security of the Note;
<br />c. the performance of all covenants and agreements of Trustor set forth herein; and
<br />d. all present and future indebtedness and obligations of Trustors to Beneficiary whether direct, indirect,
<br />absolute or contingent and whether arising by note, guaranty, overdraft or otherwise;
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTORS HEREBY COVENANT AND AGREE:
<br />1. To pay when due, the principal of, and the interest on, the indebtedness evidenced by the note, charges, fees and all other sums
<br />as provided in the loan instruments.
<br />2. Trustors are the owners of the property and have the right and authority to execute this Deed of Trust in respect to the property.
<br />3. To pay, when due, all taxes, special assessments and all other charges against the property, before the same become delinquent.
<br />Trustors shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust or the
<br />debt secured hereby, without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the
<br />Beneficiary.
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