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<br /> Aobert E. Baker� �"'"`--
<br /> �:.. • � T H I S T R U S T D E E D,m�d.m a�.�a r a A ua u e t ,1 9 91 � ,b y a n d�m O n p �--- .
<br /> ;, • a �ing1��� peroon �t� �2� gox 62 Wood River, NE 68883
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<br /> � .... •; ° � (h�raln"Yn�far'7��nd II�N�0 MIN.whow mdllnp�ddrw�I�P.O.8ox 187,Wood Rlvor�Nabre4ka 88883.(hareln"Truste�,��and•�B�n�fklary'�).
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<br /> ,�+.��-. . ��;: i0R VAIUABLE CONSIO�tA?ION,incWdinp tM ind�bt�dr�ss ind�ntifi�d Mr�in and th�trust I��fn a�otad,ih�ra�ipt of whieh is hn�b� __--
<br /> • ._,.or;�;; '. " ocknowl�dp�d,Trosta Inaaablp pramts,ttansf�r:,conv��:,and astiqns to TrostN, IN TRUST, WITN POWER OF SAIE,fa th�b�tit and �__
<br /> :.:��-�.-�� _:._ s�wriM of 8�fkiarY,und�r and wbjat to th�tKms and conditions of thi:QNd of Trust,th�►�ol proDeh daaib�d as foUows� ���—'-'�---T
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<br /> .. Lot 4, Block 25� in Origirtal Town of Wood River, Hall County, Nebraska, excepting �•;
<br /> � � ,�,,�{, � the Westerly 3' and 2 3/4" thereof. r��ii�'`�,�`"—_-
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<br /> ,' —�-�- � iO�iE'iHER WITH, ai{runis,protits, royatiias,incama a�d+�ther banaflts derivad from the reol p►operty;oll laoses a subleoses covering thQ ___,___ _ _ _______
<br /> i ' real property or any porfion tiwreof, now or hereohar existing or entered into, and oll right, titlo ond interest of Trustor th�reunder, all in- ..�--_ __
<br /> t�r�sts,astoto or other tlaims, both in low and in equity,which Trustar now has or moy Mreafter atquin in the red property;all eosements. ���"= „�_
<br /> riyhts-of-woy, tensmmts,her�ditaments and oppurtenonces theieof and thereto;all oil and yas riphts and profits, woter riphts and woter 1�.���„
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<br /> staki all riqht,titlo ond 1ntQrest of Trustor,now owned ar hereoher ocquired,in and to any land lyinp within th�riqht•of•way of any straet or .
<br /> � hiphway ad�olninp tM nal proparty, any ond all buildinps, fixtures, improvamants, and appurtenonces now a her�ofter encted thereon or �:
<br /> � . Mlonpiny tha'�to, (h�nin nf�rrtd to m"Improvement"or"Improvements"h ond any and oll awords mad�for th�takirp by�rt�nt domoi� ,.,----
<br /> � w b�on�pra�edinp or purchas�in lieu th�reof,of th�wholo or any part of the reol prope►ty. '" � _.t„��
<br /> All of th�fa�poinp�stot�,property and int�rnt h�nby conw��d to TrustN hQ►oin tolbttiv�ly r�hrr�d to os th�"Property". ' -,r�..
<br /> THIS OEE�OF TRLIST SHAII SECURE: ����
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<br /> � „ (a)Th�poym�nt of ind�bt�dn�ss ovid�nud by Trustor's not�of ovon dota h�►�with in tlw printipol sum of _TWEntrv�p�gppd_ _ � '•
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<br /> nnd nn/l On ___ --___��__�___-_-_____�Qp��OfS (s_���...0�.-- �' �� �
<br /> U � top�ther with int�rest ot th�rotQ or rot�s provided therQin,(herein topether with ony ond oll renewals,modificotions,and extmtions thenof. � _ -�_.�r�
<br /> ' � rof�rnd to os th� "NotQ"►both principol and interest on the Note beinp poyable in accordante with tha terms set forth therein,reference to '`°""�
<br /> whkh is he�by mado,tho final payment of printipol cnd interest,if not sooner pdd and ii no renewals,modifitotions w�xt�nsions arQ modQ. f
<br /> due and poyabta on.�Febru�r�__8, 1992 and_a�_renewals or extensio�s_thereof ___ _ ,
<br /> (b)Tho parformana of each oyr�ement and covenant of Trustor herein contoined;and
<br /> (c)TFw poymont of any sum or sums of monQy with interest thereon which moy be he►eaftar paid or odvancMd undor thQ tQrms of this DQad of !
<br /> Trost. ,
<br /> , " . (d)Tha poym�nt of any future advonces necessary fo protect the secwfty or any futurQ advance moda at tha option of th�porties�and , ;,�,,,�;._
<br /> (e)The p�rformana of on obliqotion of any other person nomed in this Trust Deed tv o beneficary. i •'*�
<br /> � TO PROTECT TNE SECURITY OF THIS DEEd OF TRUST,TRUSTOR HEREBY COVENANTS AND AGREES AS FOIIOWS� �
<br /> 4 1,hry��f ef M�etMl�bM�nst.Trustor sholl promptly poy when due the principal of ond interest on the indebtQdness evidwiced by the ;
<br /> Not�,and all oth�r charyes and fNS as pro�ided in tlw Not�,and tha principol of ond intarQSt on any futuro Advoncas stcurQd by this OQed of
<br /> Tro:t.
<br /> 4,w.�..�h,et n�w.Trustor is bwfully sQi:ed and possessed of good and indefQasible title and estote to the property hereby conveyed and
<br /> has the rpht to qrant and tonvey the Property; the Property is free and cleor of oll IiQns ond encurt►bronces excQpt liens now of racord:and
<br /> � Trusta will waront ond defend the title to the Property aqainst all claims and demands. ,
<br /> 3.M�tMwa�1 CoMpwp Nifb L�w�.Trustor sholl keep the Property in gaod condition and repair and shall not commit waste or permit
<br /> � impoirmenf or deterioration of the Property and shcll tomply with the provisions of any ieose ii li�i�DeeJ u(T�ust�s un o leasehold.No improve-
<br /> m�nt now or hueofter arected upon the Property sholl be altered, removed or demolished without the prior written consent of Beneficiory.
<br /> � y Trustor sholl comply with afl laws,ordinonces,reyulations,covenants,conditions and restrictions offecting the Property and not commit,suffer.
<br /> � or rmit on oct to be done in a upon the Property in viobtion of any low,ordinarne, regulotion, covenont,condition or restriction.Trustor
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<br /> shall completa or restore promptly and i�good workmanlike manner any improvement on the Property which may be damayed or destroyed and
<br /> � ..L__�.._ _u_i�_..�._�..�......�......�.+...,d..,..�..�..�.�,..,.���,.,1��.ef.,...,�,�1 fru nnv nitornlienc thoreof.
<br /> i ': .' : ;/yr�NI�OI�V1I�.uu b�uu..a�v� ...vv�ru..�....v..v.......v...............�..��...�.�.�.��.._._ _ � . _ .
<br /> ' q, (n�w�e�.Trustor,ot its expense, witl maintoin with insurors approved by Beneficiary, insurance with respect to the Improvements ond
<br />' ' personol propaty, tanstitutiny the Property,aqainst loss by fire,liqhtninq, tornodo,and other perils ond hotards tovered by standard extended
<br /> coveraqQ endorsQmont, in an omount equol to at leost one hundred percent of the!a�l replocement value therQOf and insurance against such
<br /> � other haYOrds and in such amounts os is customarily carried by uwners and operotars of simular properties or os Benefitiw�moy require for its
<br /> � protQttion.Trustor will comply with such other requirements os Beneficiory moy from time fo time request for the protection by insaance o(the
<br /> � intarests of the respective parties.All insurante polities mnintained pursuant to this Oeed of Trust shall name Trustor ond 8ene(iciary as m-
<br /> � sureds, as th�ir respective interests moy appeor,and provide thot there shall be no cancellotion or modificotion without no less than 15 doys
<br /> � prior written notificafion to Beneficiory. In the event any polity hereunder is not renewed on or before 15 days prior to its expirntion date.
<br /> � 8enufkiaryr moy praure such insuronce in accordance with the provisions of paragraph 7 hereof.Trustor sholl deliver to 8eneficiary the orig�aal
<br /> policies of insuronte and renewals thereof or memo topies of such policies and renewals thereof.Failure to furnish such insurance by Trustor or
<br /> ranawols as requKed hereunder shall,ot the option of Beneficiary,constitute o default.
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