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<br /> ind NANC� HAt�D�AS, 6nsbuid au6�� h�er refem�l`ta as"1�tato�a."whether one oa aa�nr� �
<br /> - whose mnt�i�g addr�ss is 7s001�artD Nebraa�H�4wiry 1 i;Caira.Ne�ii�a�68�24;THE STATE B�INK ` ,�
<br />� OF CA�i�,sa Nebr�st� �anging Corpora t tan,he r e u e a ftes r�f e r r e d ta�as"�lramt e�"whose m a�i�g�ddress �.
<br /> is $tri 4Z3; Ctiiru. Ne6raykt 6881A;�and �E 3'�l1TE BANK t)F CAIRO, i Nebraaka. Bsnki�$� -
<br /> -- Cor�oratIoat;heremafter refetred to as."�encfict�uy," arhose aia�ing address is Bou 43.�`Cai�;Ne6r�aka
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<br /> � s,` Far vBJuab18 COn�d8r3$On;T11istOis iT�evOClably g�8tit, trensfei,comrey�nd essign tp Truss�in t�st,
<br /> � ���`, --j-" with power of sate,for the bene�t aad security of Boneficiary,under�ud subject to the terms and conditioi�s of _ _ _
<br /> ���'°� - this Deed of Tiust,the fouowing des a t�b e d re a l propezty loca t e d in H�►L I.C o u a t y,N e b�s s k a: --
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<br /> _ __°,�; .'�::�ir� The Northeast Quarter(NE 1/4)of Section Tweive(12),Township Twetve(12)No»h. Rauge _-_
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<br /> - '#'' �:: �:b'.-.:`;: ' Twelve p2),West ofthe 6t6 P.M in Hall Conmy►Nebraska, ___
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<br /> _ . '�.;:.'�� �, `, t�gether with all buildings,im�rovements,fixtur�s,stre�ts,alleys,PassaS�raYs+easements,ri�ts�P�iv�eges aad _ -
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<br /> � t `�� unenances la�ted thereon,and ell personal pmperty that may 6e or herea8er become an irtegral part of such ��C =
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<br />���"'r<. �:` .� '" 1��n�n aud im rovements, all crops raised thereo0. and all water rights,all of which.iuctuding replacemeats _
<br />�£ e :�. :j�.,� '�;� sc�addittons t@ereto,are hereby deciared to be a part of the real estate conveyed in tcust hereby,it 6eing agreed �`����.,
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<br /> - all of the fo oin �hall be hereinaRer refernd to as the"Properiy.° �-�
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<br /> :.�'^� - ' -. - FOR THE PiJRPUSE OF.SECU�IeIGz � _�':.�;-1M� -
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<br /> - . � � • a. Payment of indebtedaess evidenced by Trustors• note of even date herewith in the prinapal suru.�f _ ����
<br />__ � ��''V'`` $52,OOOAO,together with interest at the rate or rates provided therein,and any and all renewals,modificatioa�s, t:"''`;`:�'___
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<br /> - �,� ��.` '�: `'�•- and��xt�nsions of sucb uo�.both principal and interest on the note being PaYable in accordance with the ternis_
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<br /> :�,�Y�.r; s�L�itb therein,wtuch by t�s��erence is hereby made a part hereo� y
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<br /> , , ,�_,< ., ,. .�y c�,,,,{, t and covenant ofTn�stors herein contaiaed;and � •-�
<br /> '' C,*t{`t�y.ti � ,�3�N . �.� 'l il���Q'�Q���i!.4Lq[�� t - r •�
<br /> ;;� �.. ;:�a�ti<> ;`������ c.• The pa�t of a11 snms adv�by Beneficiary under the terms of this Deed of Trust, together wif�i _ ,r,, �:r; � . _
<br /> ��,i�����r;` :44�, interest thereon at the rate provided in tbe nute. � �. �-
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<br /> �:`�'�������� � d. The above amount is secured evea though all or part of it may not y�be advance.Futnre advances under , °: ` '�` ;�
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<br /> _. . � the agreement are contemplated and will be secured to the same extent as if inade on the date this deed of uvst ia �� °;
<br /> � � pcecuted. , .�j�'F
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<br /> ? ] �� .�".'" � . '�'0 PKOTECP'i'eE 5ECURITY OF THIS OEED OF TRUST,TRUSTORS�ERE9Y COVENANT ADID AGREE: � : ;, _
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<br /> ` s '�. ',., 1. To pay whea due.the principal o�and the interest on.the indebtedness evidenoad by the nate.cttarges,fees a�all other . ,;. . �` :''
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<br />- � j � �:,��,;; s�s aSpIOVid.�iatthel02ri inctn�mentc � . �'�;�s.: ":e.,
<br />-'�� ; property and havc the ri t and a�thority to e�cute this Beei3 of Tn�sr in �ct tcs tl� •: :�:�z::�`:.'.�`
<br /> .. . � Trustors�ce�&e o�Bess af the 8h � , :��,;�;"`,
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<br /> ?: ::''�` . � 3. To pay. when due. at� t�:ss. special assessments and all other char�es a��sASt the property. betore t1`�same be�ome .
<br />- '°'� delinquent. Tnutors shall pa��a�i ta.res and assessments n�hich may be te�ied upon Beneficiary's interest herein or upon this Dead of .
<br /> = � � • Tcnst or the deha seaued herehy.withom regard to any lau that may be enacted imposing payment of the whole or any part t&��' : � � , �
<br /> ; :s . , r,�' . , uppn the BettCtit�'. . . ,�
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<br /> i� � ' 4. To kcep t3�:improver�a¢s no��•or hereafte�IacatcA on the pmperty insured ag�.st damage by fue and sucb othet hazards as '��
<br /> �q: ~� " the Be�eficiary may regnire.�n a�nounts and oompanics aaeptable to ihe Beneficiart.Suc9�insaronee policy shaU aaatain a standard
<br /> ' :�.;;'~;,� murigage clause ia favor of Beneficia�y. Trustor shaq promptly repair.maintain a7zd replace�he property or any p�aif thereo�so
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<br /> � �.;> , y.,�,�; tda�except far o�dinary«ear sutd tear.the properly shall not deteriorate. ,
<br /> :.•� . � :'��i�;: y. In the c��e�a�thr progerty.or any part thereo�shall be taken by�uaee,t daa�zin.the Heneftciary is entided to coUect and
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<br /> '� . � reoei��e all compensation africls cna}•be paid for auy property taken or for damag.s tR Arcperty not taken.and the Benefieiary shall .>,.,:;
<br /> � �� '�t`�'�" ' ap�,'�such oompensation.at.its a8�fon.cither to a roduction of the indebtedness sacun:d turcb3,or to repair and restore the propect}• �;�';.., .
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<br /> � 6. 1'tbe Ec�nc�ciasy may, bm shall ha�e no obligation to. do any act «Euch Trustors ha��e agraod 6ut failed to do,and the
<br />- ;,. � . `t��',�,' Be�Stiary may aTso do nn}act it deems necasary•to protecc�Wc lien heroaf. Trastars agrce to repay,upoa dert�and.a�sams su .
<br /> .���., �
<br /> ' s.`; .� � ex�cded by the Beneficiary for the abo��e p1uposes.and an}sum so cacpended sha11 be addod to the indebtedness secvzed hereby and
<br /> - ' 6eoome socured by the lien heroaf' The Beneticiar} shaU no incur azry liability bocause of an�lhing it may do or omit to do
<br /> - . hereunder. �
<br /> � 7, 7'he B¢neficiary shall dave thc ri�ht.poti�cr and autttorin dnring We aontinuance of tt�ls Deed of Tmst to collact ihe rents.
<br /> � • issues and profits of the property and of any Pcrsona! propern•lorated thcroon�rith or�rithout taking possession of We pmperty �
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<br /> affected hereby,and T:ustors hereby absolutcly and unoonditionaliy assign all such reats.issues and profiu to the beaeticiaty. 'fhe ;
<br /> ,��' � � beneficiary.hm�'ever,hereby ooasents to 7'nutors'colieNion and retention of such rents.issues and profits,so long as Trustors are � •
<br /> � - . ,. . not.at such time.in defauit��ith respect to p�,vmc�t os a�indebtcdncss sacurcd lureby.or in the perfomiancc of any a�rcxment � .
<br /> '�:"�: �`���� ' hercuadcr. If aary e��cut of defauit described hcreaftcr in rc�spay to this Dccd of Tnut shal!ha�•c oecutred and be coatinuiag,thc �
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<br /> `t�_ � ,:', . . gene8eiary,as a mauer of ri�h1 and«ithout notice to Truston or an}one ctaim�ng under Tn�,ctors.and��ithout regard to the value of
<br /> . . the tsust estate or the intcrest of thc Tructors therein. shaq ha�•c thc right to appk to an� wwt ha�ing jurisdiction to appoint a �
<br /> � � roaei�ct of the pmper�}. �
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