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<br /> � � � 93- so��q��
<br /> �. TNI9 DBRU OF TRUBT is made es of the L=dny of !larch 1993 by and -
<br /> �,; amang 9BTTY L. WISBINLi, ("TRUBTOR") who�s ►�a�lin� addtya� ��t 4�19 South _
<br /> --- - 190th Rond, 8h�lkon, Nebraska 6867�, �.
<br /> end ARTHUR C. HAYER ("TRUBTEE"), whoee mailing addross ia: I�lAYBEi, HiJRNB & _
<br /> " - ,NiLSCN�BDB, Norwaot �ank BuildinQ, P. 0. Box 230a, arand I�land. Nabraeka
<br />°'` 689Q2,
<br /> and CLYDE B. HBADLEY and REVA L. HEADLEY husband and wife, ("B�NRFICIAItY"), —
<br /> �hoee msilinq nddreee is: 5262 South Blu�f Co�ter Roed, 8helton, Nebraska -
<br /> --- G8976.
<br /> -_- -- ___ �
<br /> �/_* I �I ��f =
<br /> FOR V11LU11BLE ODNSIDERATIOIi, Trustar irrevacably trtu�sfare conveys, and
<br /> � aeaigns to Tsuatee IN TROST wITH �OiiBR OF 3ALE, for the benef�t and r�ecurity --
<br /> � of Hen�ficiery under and sufi ect to tho terms ared conditione of thie Deed of
<br />`.';�= • Truet the rea��. eroporty loca�ed in the CountX aE 1ia11, State of Nobrsoka, and -
<br /> - 1eqa1�y describ�d aa tollarc: (ttw °Property ): _.
<br />.�:�
<br /> __- The l�ertt:e�st �e�rter. (�$� nf 9ection Six (�). _,
<br /> • �^� Township Ten (IO) North, Ranga �elve (12). West of -
<br /> R°. the 6th P.M., ia Hall Count�y,�Nebra�ka, e�cluding �
<br /> �
<br /> �. ' however the premi�es described in Document No. a5�- -
<br /> •Y�?'�;�' OOA378 filed in the Offiae of the Reglster of Deede, �-
<br /> . ...�,,;.'.r .
<br /> iiall County, Nebraaka. `'
<br /> !`' `'`"�` TOC;ETt�R WI�Fi all rents, easements appurtenances, ?�sreciitaments °.
<br />.° � TO
<br /> intereste in adjoining roads, streeta an`d alleys, rove�aents and bui�dings
<br /> :�,;, ii . of an kind situated thereon and all pereonal rope�y that may be or _
<br /> �:,:� �,. � . � hor�tor beconw an intogzal part of such buil�inge and improvartianta. �
<br /> �`��' The pro rty and the entire estate and intereat aonvoyed to tha Truatc�
<br /> .,,��. pe
<br /> aico rogerrod to colloctively as the "Trust Ectate".
<br />''�'�" FOR THE P!lRP03E QF SECtlRIAIG:
<br />�;i�S'��t�'�i �
<br />���Y'� `;•>> • � � a. Payment of indebtecl:�ese in the totab principal emount of �-
<br />-=fu"' ``'' �i, �140,00�.00, aith interest thereon at seven (7y �orcent er ctnnum as
<br /> �....� --•
<br /> :_v;=.l+�", �i'�.:,,• �"'+ n u �„_
<br /> t,,,;,.,1���. �vidence� by the certain Promissory Note o£ eve� date ( e Note s with a
<br /> , !' ":•,:'i��, a�turity date of M�rch 12, 1998 executed by Trustor, wk�ach has been delivered �:
<br />�',��'�1, � �.'`�E��;� . and is pag�ble to the order of �eneficiary, and whiah �b7� �tnis reference is �-
<br />,.,,,;,�; ti •, hereby r.�r�o a part hereof, and eny and ell nwciifications, extonaiona and _
<br />.,..;.r rQnewalt� tt2ereof, and. _:;
<br /> ;;r� 'n� -' '•- .�:�' .�� b. Payment of gll sume advanced by 8eneficia to protect the Truet �
<br />_�:' Eatato, with interest thereon at the rate of twelve�l2) Qercent per annum. r'
<br /> '��' +•�. This Deed of Truet, the Note, anc3 any other instrnment given to evidence �
<br /> iri _ . ' or further secure the payment and performance of anY obligation eacurod hereby %,
<br /> � � �?�_.ti-: � aro rQferred to colleci:ivaly nr Ll�u "Loa►� I��st�.��sents'•. --
<br /> a "'r''d TO PROTECT THE 3ECURITY OF THIS DEEU OF TRUST: �
<br /> ..'•6 ,,�sv,r"�'•:;.� .��. �.
<br />--�" � 1. p31YMENT OF INDEBTEDNS33. Trnstor shall ay wh�en due the principal
<br /> � <.;:` of and the ere� on, e n e tedness evidence� 6y the NotQ, charqea, f�s --
<br /> '_ 9'. an�d all or.her sums ae provided in thQ Loan Tnstrumenta.
<br /> �?� ,` .. .,,.•.:.: -
<br /> .�;.8" ::• 2, TAXLS. Trustor shall pey each instailment af all taxes and special -
<br /> .` �":��4 assesaments'o�ver kind, now or hereafter levied againet the Trust Estate or _
<br /> •' ' any part hereof be�ore delinquency without notice or demand, end ehall
<br />-�' '� .`,=" '` prov3cle Henefic�t�ry with evidence o� the payment of same. Trustor ehall pay __
<br />�„-a�`.. ��'"' all ttutes end aesessmen�ts which may be levied upon Bene�iciary's interest
<br /> `•� " �'-� � herein or upon this Dead of Trust or the debt secured hereby, without regard
<br />- • - �� ' °�' to any l�a, ttiat may be enacted impoeing payment of the wholo or any part
<br /> ' ,,+�;:.�- • :
<br /> , �~';?`:" thQreoP upon the Beneficiary. --
<br /> la'•". 3. INSUEtANCE AND REPAIR3. Trustor shall maintain fire and extended �
<br /> '�; ^-'-,���:�'�•., - wverage insurnnce .►rie�ur �►g 1e improvements and buildin<s con:.tituting part
<br /> : �;_.
<br /> �.t ��.r
<br /> • ' �:���¢�y +� of the Trust �state for an emount no less than the amour.� of the un�aSd �
<br /> �� �i't�"'•i� , rincipal balance of the Note (co-ineurance not exceeding e0�k permi[.ted). �,-
<br />, '�' • •{(i�`t�'�•"`�'"� �uch insura.�ce palicy shal� aontain a standar� m�rtgage clause i� {�•.�vor of __
<br /> `�' "'` ` '�" Beneficiar and shall terr^acaD�le, or modifiable without
<br /> ,,r��1���,� y y not �e cancellable,
<br /> `�� . �r:�T�� e� (10) days priox written notice t� 9eneficiary. Trustor shall promptly
<br /> x '`�'�"""iii��,�•� r�g�air, maintain t�z�d replaae the Trus: �.atnte ax any ert thereof so that. �'
<br /> ,,.•.,,
<br /> .' , ���'�:�;�,����l.'�"r exceg�t for ordinary wear and tear, tC:e Tr�:st Estate s all not deteriorate. Ln !:.
<br /> , �;,�
<br /> t� F' , � no event shall the Trustor commit waste on or to the Trust Eatate. �,
<br /> . A
<br /> ' �:e addition to casualty fnsurance, Tacesto.� sha11 rovicle end pay thQ . .
<br /> ;�,,y '` � ' ' '�,�t� premie�r.�s on comprehensive liability fnsurance cc�z•ering �he premises and ;,`
<br /> �rotectia�a the �neficiarY end Trustor from all claims, demande, lawsuits, aRd ;
<br /> :, • '�,;�yj,.�,���.zu.�•.��.�. �uc��oe�ets�erisin o:!t of injury to persons or damage z� property oceurrireg on =�
<br /> .; ,_,�,,,�;��� •Ehe pro�est T�e coverage shall be in en atoount of not less tfian s300,Q00 �
<br /> ° sfngl� �ieni��for bodily injury and property da�nage. The liability insurance �
<br /> ' �� �' ° °' {`� and ca�uµ.i.ty insurance may be procured in a eingle policy or may be nbtained
<br /> �- �.�=•�• = ••�� in separate policies. in any event, such �lic� or policies shell neme �
<br /> � ~,�.q,;,,�,,;•,• Benef3ciary and Trustor as insureds as the r in erests may appear, and Q
<br /> 8encsficiary ehall be provided with a eertificate of insurance or duplicato F
<br /> • ° �' , .� .���_�� copy showing the insurence to be in gull force and effect at all timee during l
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