DEED OF TRUST WITH FUTURE ADVANCES
<br />0
<br />N
<br />o cu
<br />�_A CD
<br />oy
<br />o y
<br />N
<br />Ln C
<br />co
<br />O
<br />This DEED OF TRUST is made this 20th day of June, 2001, by and among Marlin L. Schweitzer and
<br />Sharon K. Schweitzer, husband and wife, hereinafter referred to as "Trustors," whether one or more, whose
<br />mailing address is 14163 W. Kansas St., Cairo, Nebraska 68824; THE STATE BANK OF CAIRO, a
<br />Nebraska Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is Box 428, �-
<br />Cairo, Nebraska 68824; and THE STATE BANK OF CAIRO, a Nebraska Banking Corporation,
<br />hereinafter referred to as "Beneficiary," whose mailing address is Box 428, Cairo, Nebraska 68824. c2
<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 />;That part of the North half (N1/2) of the Northeast Quarter (NE1 /4) of Section Twenty -
<br />Four (24), in Township Twelve (12), North, Range Twelve (12), West of the Sixth P.M.
<br />that lies North of the C.B. & Q. railroad right of way, that would lie West of Berber Street
<br />as shown on the recorded plat of Cairo, Nebraska, were the West line of the said Berber
<br />Street extended North across the said right of way to the North line of the said Section
<br />Twenty -Four (24), containing Two and One -Third (2 1/3) acres of land, more or less,
<br />except the tract that was sold to Burlington Northern and Santa Fe Railroad Company, by
<br />warranty deed dated 10/29/97, filed 10/30/97 as Document No. 97- 109118;
<br />Lot Two (2), Block Six (6), Fourth Addition to the Village of Cairo, Hall County, Nebraska:
<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 />$42,000.00, 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.
<br />4. To keep the improvements now or hereafter located on the property insured against damage by fire and such other hazards as
<br />the Beneficiary may require, in amounts and companies acceptable to the Beneficiary, Such insurance policy shall contain a standard
<br />mortgage clause in favor of Beneficiary. Trustor shall promptly repair, maintain and replace the property or any part thereof, so that,
<br />except for ordinary wear and tear, the property shall not deteriorate.
<br />5. In the event the property, or any part thereof, shall be taken by eminent domain, the Beneficiary is entitled to collect and
<br />E1WA all UNHIRIM Nth mom hr noid fnf on nfnnrflit An nr fnf Win in mmnrrN not In W A iitnif1f17nI fh -iil
<br />i-`
<br />c> -4
<br />m
<br />r)
<br />C
<br />T
<br />C.
<br />G)
<br />x�
<br />rn
<br />r,..
<br />r)
<br />_
<br />r
<br />r
<br />�
<br />x
<br />a
<br />DEED OF TRUST WITH FUTURE ADVANCES
<br />0
<br />N
<br />o cu
<br />�_A CD
<br />oy
<br />o y
<br />N
<br />Ln C
<br />co
<br />O
<br />This DEED OF TRUST is made this 20th day of June, 2001, by and among Marlin L. Schweitzer and
<br />Sharon K. Schweitzer, husband and wife, hereinafter referred to as "Trustors," whether one or more, whose
<br />mailing address is 14163 W. Kansas St., Cairo, Nebraska 68824; THE STATE BANK OF CAIRO, a
<br />Nebraska Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is Box 428, �-
<br />Cairo, Nebraska 68824; and THE STATE BANK OF CAIRO, a Nebraska Banking Corporation,
<br />hereinafter referred to as "Beneficiary," whose mailing address is Box 428, Cairo, Nebraska 68824. c2
<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 />;That part of the North half (N1/2) of the Northeast Quarter (NE1 /4) of Section Twenty -
<br />Four (24), in Township Twelve (12), North, Range Twelve (12), West of the Sixth P.M.
<br />that lies North of the C.B. & Q. railroad right of way, that would lie West of Berber Street
<br />as shown on the recorded plat of Cairo, Nebraska, were the West line of the said Berber
<br />Street extended North across the said right of way to the North line of the said Section
<br />Twenty -Four (24), containing Two and One -Third (2 1/3) acres of land, more or less,
<br />except the tract that was sold to Burlington Northern and Santa Fe Railroad Company, by
<br />warranty deed dated 10/29/97, filed 10/30/97 as Document No. 97- 109118;
<br />Lot Two (2), Block Six (6), Fourth Addition to the Village of Cairo, Hall County, Nebraska:
<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 />$42,000.00, 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.
<br />4. To keep the improvements now or hereafter located on the property insured against damage by fire and such other hazards as
<br />the Beneficiary may require, in amounts and companies acceptable to the Beneficiary, Such insurance policy shall contain a standard
<br />mortgage clause in favor of Beneficiary. Trustor shall promptly repair, maintain and replace the property or any part thereof, so that,
<br />except for ordinary wear and tear, the property shall not deteriorate.
<br />5. In the event the property, or any part thereof, shall be taken by eminent domain, the Beneficiary is entitled to collect and
<br />E1WA all UNHIRIM Nth mom hr noid fnf on nfnnrflit An nr fnf Win in mmnrrN not In W A iitnif1f17nI fh -iil
<br />i-`
<br />c> -4
<br />C
<br />-,A
<br />C.
<br />G)
<br />x�
<br />r,..
<br />RF
<br />r
<br />�
<br />x
<br />a
<br />DEED OF TRUST WITH FUTURE ADVANCES
<br />0
<br />N
<br />o cu
<br />�_A CD
<br />oy
<br />o y
<br />N
<br />Ln C
<br />co
<br />O
<br />This DEED OF TRUST is made this 20th day of June, 2001, by and among Marlin L. Schweitzer and
<br />Sharon K. Schweitzer, husband and wife, hereinafter referred to as "Trustors," whether one or more, whose
<br />mailing address is 14163 W. Kansas St., Cairo, Nebraska 68824; THE STATE BANK OF CAIRO, a
<br />Nebraska Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is Box 428, �-
<br />Cairo, Nebraska 68824; and THE STATE BANK OF CAIRO, a Nebraska Banking Corporation,
<br />hereinafter referred to as "Beneficiary," whose mailing address is Box 428, Cairo, Nebraska 68824. c2
<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 />;That part of the North half (N1/2) of the Northeast Quarter (NE1 /4) of Section Twenty -
<br />Four (24), in Township Twelve (12), North, Range Twelve (12), West of the Sixth P.M.
<br />that lies North of the C.B. & Q. railroad right of way, that would lie West of Berber Street
<br />as shown on the recorded plat of Cairo, Nebraska, were the West line of the said Berber
<br />Street extended North across the said right of way to the North line of the said Section
<br />Twenty -Four (24), containing Two and One -Third (2 1/3) acres of land, more or less,
<br />except the tract that was sold to Burlington Northern and Santa Fe Railroad Company, by
<br />warranty deed dated 10/29/97, filed 10/30/97 as Document No. 97- 109118;
<br />Lot Two (2), Block Six (6), Fourth Addition to the Village of Cairo, Hall County, Nebraska:
<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 />$42,000.00, 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.
<br />4. To keep the improvements now or hereafter located on the property insured against damage by fire and such other hazards as
<br />the Beneficiary may require, in amounts and companies acceptable to the Beneficiary, Such insurance policy shall contain a standard
<br />mortgage clause in favor of Beneficiary. Trustor shall promptly repair, maintain and replace the property or any part thereof, so that,
<br />except for ordinary wear and tear, the property shall not deteriorate.
<br />5. In the event the property, or any part thereof, shall be taken by eminent domain, the Beneficiary is entitled to collect and
<br />E1WA all UNHIRIM Nth mom hr noid fnf on nfnnrflit An nr fnf Win in mmnrrN not In W A iitnif1f17nI fh -iil
<br />
|