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<br /> .. � . r RE AECORD�D .
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<br /> � �i9 TRUST DEED�m�thit�h.._d�y af -- Auauat , 1� 92�by tn0�nqiq Den}},�i� -
<br /> L. Huxtable a bars Huxtab bu�b nd an wife • oint tenan nd •�ot� a� .[an�nt• in
<br /> ��rt��` � �;^���►• ���b 8 �Oth Woc� A�ver. NE 6��8�
<br /> '� ' (h�nNn'Tr���ud�M��.wl�m�W�p addnak P.O.8ox 497.Wood Riwr.IWb�►a�w 88883.pwnin��TnytN,��r+d•,B�n�8dt�lry
<br /> � -� WR VALUAiIi CCNSID6tATI0N.incWdqq tt+.�ind�M�d�wss ind�ntifMd hw�in and tl»hvst I�oin a�otW,th�nc�pt of.whid�ts honby
<br /> odcnoNMap�d,Trutta in�votaEly pmts,honsf�rs.camr�s,ard assi4ns io TnistM. IN TRt1ST, MIITH POMIlR OF SALE,fcR MN buMlit ad
<br /> ,� ��_• :'.a, � s�qKNy of�fkiary,unda aid wb(at to th�t�ran and eoaditioas of this DMd of Trutt.tl�nol prapKty d�saib�d es MllO�w��
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<br /> ` ;- �+:{�#;��:;;,�,�:'� . The Northeast Quarter of the Southeaet Quarter (NE1/48E1/4) and the Southeast
<br /> � ' �Quarter of the Norlheast Quarter (3E1/4NB1/4) of Section Twenty-oix (26) Taandh�p
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<br /> �' .�., ,., „ :'� f�Ten (10) North, RanQe Eleven (11) Weat of the 6th P.M., Hall County, Nebreskp�
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<br /> ' � .��''�` '.''� TOGETHER WITH,aU rents,profits,royaltNS,income and oiher benefits derir�d from the raol propertyj aU leases or subleoses coveriny the
<br /> - - �`"��---�---- reot aaPar��or any par:ion:twreof,now ar hareoftsrr axis!irg �er.t�e�Into,cs�+cR�right. titk anc�intn.ws�of Trustor there�wider. oll in� `
<br /> .� • ";;';.; tarests.�stot�or other claims,both in low ond in equity,whith Trustor now hos or mpy fiereofter acQui►Q in the red property:all easements,7� �
<br /> , �"� �• "� ��•. riphts�of-wo�, tenements,hereditamems and appurtenances thereof ana ihe�eto, oN oil and pas rigMs and pofits, woter rigMs and woter�
<br /> "`''"�, ' '',":r�'"'" stock j oll►Ipht,title and imerest of Trustw,now owned w ixreaher atquired,in and to on�land lying witiiM the riyht�of•woy of any str�et a ��, �:'
<br /> 1 .�'�� � hi�hway adjoin'my the real propeny,any ar�d all butldinys, fi.tures, improverneMs,and appurtenonces now a hereohe�eracted thereon a �*•�
<br /> belorging ther�to, (herein refened to as"Improvement"or"Improvemems"):ond any and oll awards made far the tokinp by eminont domain
<br /> �, or b�ony praeeding or purchase in lieu thereof,of the whole a any po►t of the reol property.
<br /> y; All of the faepoinp Qstate,properfy and inTQrQat her4by conreyed to Trustee herein tollettivQly r4ierrad to as the"Property".
<br /> THIS DEED OF TRUST SHALL SECURE�
<br /> .��:t , , ,
<br /> �, ; , , (o)The poym�nt of indebtedness evidenced by Trustw's note of�von datQ h�rewith in the principal sum of
<br /> � � Sixty-Two Thousand and no/L00-----_--____--___°--_-Dolbrs (S_6Z�000.00 �,
<br /> togetiwr with interest at tM rote or rotes provided therein, (herein,tayether with on�ond oll renewals,modificmions,and extensions thereof, 3
<br /> ' refenQd to as the"Note")both principol and interest on the Note beirg pa�obk in acadonce with the�erms set forth therein,reterence to �e�
<br /> ' which is hereby made,the final poyment of principol ond interest,if not sooner poid and if no renewals,modifications or�xfansions are mode.
<br /> due ond poyoble on February 1, 2007 -- -.- -•- -- -- ----- - , � .
<br /> • (b)The performonce of each ogreement ond covenont of T rustor herein contoincd,a� •
<br /> ����� •� �• (cl The poyment of any sum a sums of money with imerest thereon whith may be he�eofter poid or odvanced under ihe terms oi this Deed oi
<br /> • Trust, .
<br /> (d)The poyment of any future odvances necessory to protect the security a any future advance made at the option of the parties:and
<br /> (el The perfarmance of an obligotion of ony other person named in this Trust �eed to o beneficiary.
<br /> � TO PROTECT THE SECURITY(1F THIS DEED OF TRUST,TRUSTOR HERE6Y COVENANTS AND A�REES AS F011OWS: .
<br /> '; j . 1.h�et of Hinetpd md lat�n�t.Trustor sholl promptly pay when due tfie printipol of and inte►est on the indebtedness evidenced by the
<br /> ^� � Note,and all other charyes and fees as provided in the Note,and the aincipal of and interest on any Future Advances secured by this Deed of
<br /> • • Trust.
<br /> , 2.Ww�ntr of Titb.Trusta is lowfully sei:ed ond possessed of good ond indefeasible title ond estate to the Property hereby conveyed and
<br /> � � has the righf to gront ond convey the Property; the Property is free and tlear of oll liens ond encumbrances e�tept liens now oi record;and
<br /> ;� , , Trusta will warront ond defend the title to the Property apainst oll cloims and demonds.
<br /> ' 3,Mib�wp MI C�a wMM L�wi.Trustor shall keep the Property i n yood tondition and repoir and shall not commit waste or permit
<br /> ; ' : impoirmeM a deteriaation of the Property ond sholl comply with the provisians of any lease if this Oeed of Trusr is on a leosehold.No improve-
<br /> • , � ment now or hereofter erected upon the Property shall be aNered, removed or demolished wi�hout the prior written consent of 9eneiic�ory.
<br /> . Trustor sholl comply with all laws,ordinances,regulotions,cavenants,conditions and resuictions oftecting the Proper+y and not commit,suffer.
<br /> � or permit ony at to be done in or upon fhe Property in violotion of any low,ordinonce. regulotion, tovenont, condition or restridion.Trustor
<br /> • � sholl tomplete or restore promptlq and in good workmanlike monaer ony improvement on the Property whith ma►r be domoyed or destroyed and
<br /> � � pay,when due,oA cloims fa lobor performed ond materiols fwnished therefore and for ony altQrations thereof.
<br /> 1 • i......�.... T►�ufnr �t ite oYNnm W�II meintein with insuras meroved bv Be�eficiarv. insurance with resoect to the Improvemenis and
<br /> � persaal propQ►ty,constitutiny the Property,ayoinst loss by fire,liphtniny,tornodo,and other perils ord Fw:ards covered by stondad eKtended
<br /> � cove►age eidorsement, in an amount equol to at leost one hundred pe►cent of the full repbcement value thereof and insurance against such
<br /> �` E, other hatards and in such amounts os is tustamorily canied b�owners and operotors of simular propenies or as Beneficiory ma�require for its
<br /> " p►otection.Trustor will comply with suth other requirements os Benefitiary moy from time to time request for the protection by insuronce of the
<br /> i. interests of the respective porties. All inswonte policies mantoined pursuant to this DeQd of Trust sholl nome Trustor and BenQficiory as in•
<br /> • � sureds,as their respective interests may oppeor.and provid�thot there sholl be no cancellotion or modification without no lass than 15 do�s
<br /> prior written ootificotion to Bereficiory. In the event ony policy h�rwnder is not ren�wed on a befae 15 do�s prior to irs expiration date.
<br /> Berwfitiary ma/praure suth insurance in atordantv with the provisions of porapraph 7 hereof.Trusta sholl deliver to Beneficiary the arigmol
<br /> policies of insurance ard renewols th�reof a m�mo copies of such policies and renewals thereof.Foilure to furmsh such insurarxe b�Trusror or
<br /> . , r�wols as rpu'sed FNnund�r siw�i.ot the option of 8w�fic�y.�w►sti�utr u dotauft.
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