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<br /> � � Tha Sauth Half or th� Su�►thaas� 9uarter (5},I;3) of S�ctiarj Twenty ( .T.0) � �-- - - --- ---
<br /> - � �.rt Towneh�.p Tw�lvo �12j Nor�hr Ruric�p Nf�e i9) We�t of th� Gttt P.M. , f. - . "
<br /> Hall Cot�nty, Nabx'aaka, �XC�P7'ING THER�FROM that part therepf canveyec� �
<br /> ta the S�a�:o o� Nobr.ASkt� by ciQOd recordod in Baok 77, Page 30, af �he �
<br /> Dee�rl Roco��lr� o� Hall County, N�brASka, . �
<br /> TUGEmHER wil�k► and iYZCluding a].1 and aingular �he ��anai��n�a, heroditt�- i � :'
<br /> mante, appurte»�nces and privatleges thercunto belonging ox in anywisp ;
<br /> apportain:Lng, whethex now or horeaft�r �ae�uired, which �ahall 3nclude,
<br /> wi.thou� limi�inq �he g��acxality of the faxegoing, �he fal].awing: C � <;:,'� �
<br /> i .
<br /> All o� the xents, issuea and prof:l.�a, a.naludin,q al1 rante, royaltiea, � �
<br /> . � b�nusQS and bcnefite under any existing ax �utexr� �il, gas or mineral ;
<br /> ar o�tier ll��ses� a11 aas�ments and rights af way= al:l rights of j �
<br /> ham��tead and hamesteaa oxemption and any aurviving apouse's maraLtal , �}: �
<br /> , ar distributive shara, and a11 other cantingent �ights Zn and to said � , :�"�
<br /> prnmiseaj all water, wa�er rights, whether ripar:�an, apprapriatiive or � � �• � .
<br /> �therwise and whe�hor or not appurtenant, all da$r.6� righ�s, and any . � . , . '
<br /> `;,
<br /> � shar�e of s�ock evidencing anX such water or ditch right; and •' ;���:.
<br /> .. Aa.l fixturea, improvemenfi.s, buildi�iy�, ancl the plumbing, heati.ng, ��
<br /> vantilating and lighting systems �nd equipmen� thereinl all barn
<br /> Qqu�lpment� and all pumpe, pumping s�ations, motors, enginea, machine-� : , �
<br /> � , r.y, reaervairs, pipes, flumes, fences, and ather machinery ar oquip-
<br /> ment, except tractoxfl, used fox the production of water on said �
<br /> �. . premisea or for the lrrigation or drainage thereof, all of tvhi.ch ahall �
<br /> � ' be constxued and c.onaidered as affixod to and pax� of the real es�ata. ,
<br /> --- - --
<br /> All oE the Eorogoing es�ate, property and interest hero�y aonvoysd �o the � '
<br /> aaid Truste� is hereinafter coll.ect�vel.y refexxad to as the "Pxoperty". ;
<br /> � TO HAVE RND TO HOLD the samo unto the saa.cl '�rus�ea, T�ua��e's succosR � � �
<br /> ' sora and asaigns, forevFr, TN �'RUST HOW�VFF arid WITt1 POWER QF ;3ALE heraby ;
<br /> expres�ly granted unto the s1ac1 Trus•toe, Txustae's aucceasora, and aesigns
<br /> Pox �he puxpose of socuring:
<br /> (a) The payment o� Trus�or's just indebtednsss to Benoficiary in the �
<br /> principal sum of One Hundred Twenty Thausand Dollars (5120.000. 00) For ,
<br /> money boxrowed, with in�erest therean, all as ev�dencod by and in strict
<br /> aecordance with �he terma af certain promiasory notes, hereinafter callod �
<br /> �he "Notes", dated May 1, 1991, made payable to the ordez o£ Beneficiary, '
<br /> executed by James W. Oatermeier and Lynell. Ostermeier, hust�and and wife, as „ •
<br /> joint tenants, and pxavidirig for the paymen� o£ 9aid indebtedness in
<br /> in9tallments� the laet of which ia due and payable May 1, 2001, aub�ect to , �
<br /> acceler�fi.ion of maturity on default in the �ayment oF any installment of
<br /> principal or �nteres� or in tho performance of anX covenant, agreemant or
<br /> caarranty contained an this Aeed of Txust; ,
<br /> (b) The performanco of oach ag.roement, covonant and warranty af �
<br /> Trustor herein contained or set �or�h in the Notea or any agreement or
<br /> instrument executed by Trustor in connection with the i.nd�btadness hereby
<br /> secured; and
<br />� � � (c) The payment o� any �um or auma of moneX with 3.nterest ther�an
<br /> ;ahich map be hereafter paid or ��c]y�n��d undex thc terms of this Deed of
<br /> Tzust.
<br /> NOW, THEREFORE, TO PROTECT THE �ECURITY OF' THIS DEED OF TRUST, Trustor
<br /> does for Trustor and for Trustox's heirs, representatives, vendees, succes-
<br /> sors and assigns, the owners of said Proporty, hereby expressly covenant,
<br /> agree and warrant to and with the Trustee and neneficiary, and their
<br /> succesaors, vendees and a�signs:
<br /> FIRST: 7'hat the Trus�or hereb}� covenants and agrees, t.o the extent
<br /> parmitted by law, as follo�ve: (a) to pay promptly when due the principal
<br /> � and interest and other aums of money provided for in the Notes and in this
<br /> Deed of Trust; i�) to promptly pay before delinquency all taxea, �assess-
<br /> j ments and other charges imposed by ].acv upon the i�roperty, the Trustar 's
<br />' interest therein, or upon this Deed of Trust or the Notesi provided, how-
<br /> ! ever, that in the event of any change of the l�rr providinq �or the taxation
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