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<br /> DEED OF TRUST WITH FUTURE ADVANCES �
<br /> THIS DEED OF TRUST, is made ea of tha 12 day of February , �g � , by e�d emon�j.
<br /> the Trustor, KENNETH L MARET & Sp�IDRA K MARET, HUSBAND & WIFE � �
<br /> BARRY L BLJCHHOL2� �OLENE A BLCHHOL�, HiTGRA�IU & WIFE JERRY R BECK & GAYLENE M BECK, HUSBAND & WIFE,
<br /> ESTHER DORA BECK AND WILBUR R BECK, HUSBAND AND WIFE
<br /> whosa mailing address is 2903 CIRCLE OR GRAND ISLAND NE 68801- (herein "Trustor," whether one or morel,
<br /> the Trustee, THE OVERLAND NATIONAL BANK OF GRAND ISLAND
<br /> whose mailing address is P 0 BOX 1688 GRAND iSLAND NE 68802 (herein "Trustee"1, and
<br /> the Beneficiery, THF OVFRI AND IJATi[]11AI Reur OF GRAIJD ISI AND
<br /> whose mailing address is P 0 BOX 1688 GRAND ISLAND NE 6880? (herein "Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein toKENNETH L MARET 8 SONDRA K MARET
<br /> KENNETH L MARET SANDRA K MARET BARRY l BUCHMOL2
<br /> JOLENE A BUCHHOLZ, JERRT R BECK� GAYLENE M BECK�herein "Borrower", whether one or more) and the trust herein created, the
<br /> receipt of which is hereby ecknowledged,Trustor hereby irrevocebly grants,transfers, conveys and essigns to Trustee, IN TRUST, WITH
<br /> POWER OF SALE, for the benefit and security of Lender, under and subject to the terms end conditions hereinafter set forth, the real
<br /> property, described as follows:
<br /> THE NORTH HALF OF THE NORTHWEST QUARTER (N1/2NN1/4) OF SECTION FIVE (5), TONNSHIP ELEVEN (11) NORTH, RANGE ELEVEN
<br /> (11) WEST Of THE 6TH P.M., IN HALL COUNTY, NEBRASKA
<br /> PROPERT`/ ADDRESS: `
<br /> Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges a�d appurtenances
<br /> located thereon or in anywiae pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, and such personal
<br /> property that is attached to the improvements so as to constitute a fixture, inr.luding, but not limited to, heating and cooling equipment;
<br /> end together with the homestead or marital interests, if any, which interests are hereby released and waived; all of which, i�cluding
<br /> replecements end additions thereto, is hereby declered to be a part of the real estate secured by the lien of this Deed of Trust and all of
<br /> the foregoing being referred to herein as the "Property".
<br /> This Deed of Trust ahall aecura(e)the payment of the principal sum and interest evidenced by a promissory note or credit
<br /> agreement dated February 12, 1999 , having a maturity date of November 01, 2003
<br /> in the original principal amount ot S 110,000.00 _ , a�d any and all modifications, extensions and renewals
<br /> thereof or thereto and any and all future advances and readvances to Borrower lor any of them if more than one) hereunder pu�suant to
<br /> one or more promissory notes or credit agreements (herein called "Note"1; (b) the payment of other sums advanced by Lender to protect
<br /> the security of the Note; (c) the performance of all covenants a�d agreements of Trustor set forth herein; and (d) all present end future
<br /> indebtedness and obligations of Borrower (or any of them if more than one) to Lender whether direct, indirect, absolute or contingent
<br /> and whether arising by note, guaranty,overdraft or otherwise. The Note,this Deed of Trust and any and all other documents that secure
<br /> the Note or otherwise executed in connectio� therewith, including without limitation guarantees, security agreements and assignments
<br /> of leases and rents, shall be referred to herein as the "Loan Instruments".
<br /> Trustor covenants and agrees with Lender as follows:
<br /> 1. Peyment of Indebtad�ess. All indebtedness secured hereby shall be paid when due.
<br /> 2. Title. Trustor is the owner of the Property,has the right and authority to convey the Property, and warrants that the lier� created
<br /> hereby is a first and prior lien on the Property, except for liens and encumbrances set forth by Trustor in writing and delivered to Lender
<br /> before execution of this Deed of Trust, and the execution and delivery of this Deed of trust does not violate any contract or other
<br /> obligation to which Trustor is subject.
<br /> 3.Taxes,Aseesaments. To pay before delinquency all taxes, special assessments and all other charges against the Property now or
<br /> hereafter levied.
<br /> 4. Insurancs. To keep the Property insured egainst damage by fire, hazards, included within the term "exte�ded coverage", and
<br /> such other hazards as Lender may require, in amounts and with companies acceptable to Lender, naming Lender as an additional named
<br /> insured, with loss payable to tha Lender. In case of loss u�der such policies, the Lender is authorized to adjust, collect and compromise,
<br /> ai+ claims thereunder and sheii have the option of applying eii or part of the insurance proceecis (i) to any Indebtedness aecured hereby
<br /> and in such order as Lender may determine, (ii) to the Trustor to be used for the repair or restoration of the Property or (iii) for any other
<br /> purpose or object satisfactory to Lender without affecting the lien of this Deed of Trust for the full amount secured hereby before such
<br /> payment ever took place. Any application of proceeds to indebtedness shall not extend or postpone the due date of any payments under
<br /> the Note, or cure any default thereunder or hereunder.
<br /> 5. Escrow. Upon written dema�d by Lender, Trustor shall pay to Lender, in such manner as Lender may designate, sufficient sums
<br /> to enable Lender to pay as they become dua one or more of the following: (i1 all taxes, assessments and other charges egainst the
<br /> Property, (ii) the premiums on the property insurance required hereunder, and (iii) the premiums on any mortgage insurance required by
<br /> Lender.
<br /> 6. Maintenance, Repairs and Compliance with Laws. Trustor shall keep the Property in good condition and repair; shall promptly
<br /> repair, or replace any improvement which may be damaged or destroyed; shall not commit or perr,iit any wnste or deterioration of the
<br /> Property; ahall not temove, demolish or substantielly elter any of the imp�ovaments on the Property; shall not commit, suffer or permit
<br /> any act to be done in or upon the Property in violetion of any law, ordinance, or regulation; and shall pay and promptly diacharge at
<br /> Truetor's cost end expenae ell liens,encumbrences and cherges levied, imposed or assessed against the Property or eny part thareof.
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