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<br /> '!'lli� DBkiU ur� �il�Si u m�ad i�i i.. d.-y G. i.in►s:unr. ts"�, yr :uu +�� . —
<br /> p�N'!'I.ZY �i DUNA L. /r,N17.�Y, M��d uid �e, haroin�Rar ret�rred to �t "'I"nuten," wi�t�er
<br /> ooe or naro� who�e m�iUn6 �ddroa+ i� S7Zf N�tY 1SOtr A�d, Giro. Nebn�k�t iti24; THt STA'i'�
<br /> DANK OR CA1Q0�a Nebrsriu BarkVi Co�pOr"xt��1�'�"+�rofened to a "Trurtee���who�e m�iling
<br /> �ddro�s is H�� 4?�, Cairo. Nebrulca 6/n4; u�d TH� STAT� BANK OF CAIRO, a Nebriudu Hulci�
<br /> J. �� CorpKados, iwaitufta rdnrred to as "Be�diei��Y," wbo�e nuiling addreu u B�x 41t. C�ira� N�bra�iu
<br /> fii�4.
<br /> Fa v�lwble con�idastion, Tnutors irravocabty gnnt�traasfa� convey and u�ign to Tru�tee� in wtt,
<br /> with power of s�le,for the ba�t and security of BeneBciuy,undar and wbject to the terms�nd conditiau of
<br /> this Deed of Trust,the foUowiag de:ccibed ral property l�t�d in BALL County.Nebnslcs:
<br /> Lot Two(2),Block One(1).First Addition to Cairo,Hell County,Nebr�ska,
<br /> togeti�er with all buildings,improvements,fixriues,streets,alleys. Passageways,easements.rights, privileges and �
<br /> uppurtenuxxs�or�ated thereon,and all pe�aonal property th;t m�y be or heroaflu become an integral part of euc."►
<br /> buildings and im�arovamarts, dll crops raised thereon, and d1 water rights,all of which, including repl�caneats __ _
<br /> - - -- and uldidona thereto, are hereby dcclarred to be a part of the rexi estate conveyed in truat hereby,it being agrad
<br /> _ - — -- th�t nil of the foregoing sh�ll be hereinaRa refened to as the"Praperty." —:-
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<br />����� � FOR THE PURPOSE OF SECURING:
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<br /> -Y`' # a. Payment of indebtedness evidencai by Trustors' note of even date herewith in the principal sum of
<br /> V��-�� SI5,000.00,together with interest at the rate or rates provided therein, and any and all renow�ls, modifications
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<br />- and ext�nsions of such note,both principal aad interest on the note being payable in accordance with the terms
<br /> — •,st forth there�n,vyhi�li hy this reference is hereby made a part hereof;
<br /> �����, , ,�. b. The perfurmance of each agreement and covenant of Trustors herein contained;and �
<br /> � 4"��'l��i� c. The payment of all sums advanced by Beneficiary under the terms of this Deed of Trust, together with __
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<br /> �V :•�� �•.�:,� .. �� interest thereonat the rate provided in the note.
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<br /> •�!�r•-' -������ ��,� d. The above amount is secured even though all or part of it may not yet be advance. Future advances under
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<br />°• �" ��� ' the agreement are contemplated and will be secured to the sarne extent as if made on the date this deed of tcust is
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<br /> '`�`'�"`' '' � TO PROTECT 7'NE SECUWTY OF THCS DEED OF TRUST.TRIJSTORS HEREBY COVENANT AND AGR�r�:
<br />- ���. . .irl.�.��.....•�
<br /> ' ,_ 1. To pay when due, the principal of,and lhe lnterest on. the indcbt�ss evidenccd by the notc,chargcs.focs and ell other �}
<br />,. i. _. ! .,���;;;..';'. -.., auns as providcd in thc loan instcuments. -
<br /> � � 2. Tructorc arc the owners of the property and l�ave the right and aathority to e�ecutc this Deod of Trus1 in nx�t to the
<br /> . • �. Pi��Y• �'.
<br /> � ' �'` 3. To pay. when duc, all taxcs, spocial asscssments and all whcr chargcs against thc property, beforc the same beoome —__
<br /> ; delinquent. Trustors shall pa�•ail tares and asscssments which may be le�nod upon Bcneficiary's interest herein or upon this Dood of
<br /> •�� � Tnut or thc debt socurod hcrebti�.wlthout regard to any la��that may�bc c»acted imposing payment of the whote or any part theroof �.� -
<br /> - .il�ti�i,:., _
<br /> '� ,, . , upon the Bcneficiary.
<br /> ��.N�= 4. To koep the improvcments now on c�rcalter located on the propert}�insural against damagc b�•fire and such othcr hazards�s �_
<br /> -- • .'��' the Benefieiary may require.in amounts and compunies acceptrbie to tlie Beneficiary.Such insurance policy shall oontain�standud ,� „
<br /> Y" mortgagc clausc in favor of Bcncficiary•. Trustor shali promptl��rcpair,maintsun a�d replacc thc propecty or any part thercof,so �"'`
<br /> � that,excxpt for ordinary wrar and icar.thc propem•sl�all nW detcriorata rr;'=°
<br />_ S, ln thc cvcnt the property,or am• part thercc+f.shaU be takcn b}•cmincnt domain. thc Bcneficiaq•is cntitlod to oopoct and
<br /> _ . roceive all compensatiou H•hich ma}•bc pa►d for ain•propem�taken or for damages to propem•not taken,and the Heneficiary shall i�..
<br />_ i� apply such oompensation,at its option,cither to a rcduction of the indebtedness secured hereb}•.or to repaic and restore the property _
<br />_ • w taken. �''.
<br /> ,.� 6. Thc Bcncficiary ma�. hnt shall ha�•c no obligation to. do an} act ��•huh Tn►stots hacc agrccd but failecl to do. and thc •, .
<br /> �. `; „ ... Beneficiary• maS�also do an�•act it dcems necessan�to protect the lien hcroof. Trustors agree to repa��,upon dert�nd.an}•svms so
<br /> expendod by the Bene6ciary for the abo��e purposes,and any�sum so e�pended shall be added to the indebtodm:ss securod hereby and ��
<br />'�.,.' � bocome secured by the lien hereof. Thc Heneficiary shall no incur arrv liabiliry ba�use of anything it may do or omit to do �..
<br /> ' +' hetc�nder. � �
<br /> � �'� ���' ' � " ' 7. Ttrc Beneficiary shall ha��e the nght, poa�er and authoriq•dunng the continuAnce of this Deod of Tnut to collect the rents. F, �
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<br /> °� s issues and profits of the propeny and of any personal propern�located thercon wyth or aithout taking posseuion of the propecty '�•
<br /> -__._ :L4.,?43._'� �_._._.._u........:......11�....1......�� :«...,�wnM nrnfitc�n thw Mnr,fri�rv TM �
<br /> '`�i' �.' �OCtOd hCTCbS'.antl 1'n�stors ncrcoy�aus�iurci}•a�w u�K.�,�w�.�.,.�.�.��.b••••••.•••••••••••.•. •,•.•»,,.• r......_._.__ ,.
<br />.� � beneficiary, lawever,I�erdrv oonsents to Tcustors'collcction and reteniion of such rcnts, issues and profits,so long as Tnutors are
<br /> not,at such time,in dcfault With rcspoct to payment of am•indcbtodness sccured hcreb�•.or in thc perFormance of any agreement
<br />__- ;,�ti� . ,;. _ hcreuudrr. It any cvcnt of dcfault dcscribcd hcrcailcr in respcct to this Dcod of Trust sl�ll ha�•c occurrcd and bc continuing,thc
<br /> _t� � Bcncficiuy,as a mattcr of nght nnd without ndicc to Trustors or amonc daiming undcr Tcustors,and without rcgard to thc�•aluc of
<br /> -.�� ,''�r4 thc tnut estatc or thc intcrcst of�hc Trustors thcrcin. sl�all ha�c tlic right to appl�•to.�m� court haring junsdict�on to appoint n
<br /> " reociver of the propeny.
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