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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 />