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<br /> . . . � DEED OF tt�U$T' <�
<br /> � �sv�aoF n�usr.m.a.u,�s 1��ya '°�� _ ` ..fs�_.�w.e� ; `
<br /> — Doex Investment Oompa�Y. a PatY.c►ersh{cP � as Tnt�r. -
<br /> _ -:���a,a� ` � FTrsTieF-�k Nationat/tssociaticn Omsha.Nebraske � ' as Truste� , =_--
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<br /> _ -- `� � Fit�ttat Bsnk.Niti0t181 AssGCiatiu�t.OmaNa.Nebraska aS��Y ---�--�---_=--�-
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<br /> ` � Th�t Truspr irrevocaWY [a�►1�.tranafers and assi��s W T�ustee in trus�,Mntl►.i�ower of s�le,lhe toibwina.descr�bed -- --_y,,���q��;,;�_
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<br /> ': prq(t8�ty:,,Lots $even t73 and Eight (8} in Bloek Si.xty (60). ia Original To�m. now `�:�, __-
<br /> • = City..of Grapd Island,..Hall,County, Nebraska. �r_: '' ��a
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<br /> ��� ; ` . tqQe�h�(with�ft intErestw��rhTruato�r�a+�i`���:���in and to seid prop�ity and in and to:(a)a��� � , -
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<br /> : -,.4,�f�� easert�►ts�ndsigt}tsbtwa�ap�Renantttre"reto:(6pat����editaments.buildinga►siruclures.improvements. � `. . _
<br /> .r, fix��;�equipmeql.tumishrigs and appuRenances�►cv�ca��itror pfaced thereon:la)ail leesehoid esta�e.ri�h�litle. �'y-:`;4,'.� -
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<br /> and,fMerestoETr�u�torinand�taltkasesor�udt��4f�F�nYPorticntltereofnoworhereaRerexistingorenlered ,. . . _._
<br />. � -'� _��._ ... inb.andall�ighkt�,,andir�estofTnrstqrtheceu�de��inctaCing,w�houttimitation.altcasboraecurityde�o'sitr►advance' ° -- •- �
<br /> t � ,: de�o f`` a
<br /> � �'°� � � centats,and deP��a PeY�nb of aimitac nah�re�and(d j ait�neral.oif,�as�i9hts and profit�water,vrater�ighb.a�d � •, . �4
<br /> .. . _ '��. wrat�s;ock.Trtrstor agrees to execute and detiver.t�om�ne to�sme.such turther inahumenb as may tie�equested�1r f _ .�tµ�.
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<br /> . . �;F;�E9�. Be�c.i�ry i�form and auba�nce satis1actoryr to F�eReF�aeY to cantinp the lien ot thia Oeed of Trust en any af t(� � '�.
<br /> , " ��,''_ . afo�e�a��oned p�operh The DraPeRY��conveyed ta Tras�e hereunde�ia hereirrafter refened to as"sucE�propeRy°. i:�-:;�.„:: .��-
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<br /> � `� � � The Tn�stQ�,a¢��telyand inevoc�bly,grant8,tra�stersa�d as5igrtsto BeneficiaryMa rents.income.issaes�and prafils,� E '� . ,� � -
<br /> � � 01 a�� .D,t9ReR!►.Ca�'eA bY thia Qeed ct T�usE. , � , . ' � �_.
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<br /> � � .. S ; ._��._ _.._ FOR��fE-Pt�RPOSE OF SECUR{NQ ., , .
<br /> -- �- - - , �:
<br /> , ,,;.;,,;-� �T-� �
<br /> . • � � 1. Payment oithe principat sum of T�x�y � �OUSand and no/1oo-------�-- � � ''
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<br /> --�^( 3 000 001 Dollars---------- ;' . •
<br /> , � evidencedbythecertainpromissorynotedatedofevendateherewith(heretoafterreferredtoasthe"Prom�gsoryNote"► j: :. _
<br /> +' � ���� Doax Investment Company, a Fa*�tnership i •
<br /> ' �. ., � in�iA amoun��nd payabie to the order o!8ene�rc%a►y matu�ing on Aecember_.13 j 1996 _ ° . -. � • .
<br /> . � . tog�the�wtth.i�lprest the�eG�.late charges;.as+d�reDaYrnent bortuses acco�ding to the terms ot the Promissory N�te ; . . .
<br /> ,. ;� �. ani�ait renewa�'s.extensiQns,and.modtfr��ms t3�ered�. - .
<br /> . . . � ' r. 'F 1 ,
<br /> � � 2. Fefi�tmance,discharge of and compliance wlth eveci►abligation.covenant aRa�agreemecet ofTrustor incorporated by ,
<br /> � � � reference or contained hereln or In any othe��.secur�tY agreement or deed ot truat at aary tima given to secure any
<br /> � indebtedness he�eby secured,or arry paR thereo� � � - ._
<br /> . ;
<br /> •• . 3 Payfnent of all fees and cha�ges oi Beneflciary or Trustee.whether or not set toAh her�in. • . , �
<br /> ' �� � Tf�.t=ROTECT THE SECURRY Of THIS DEED OF TR�ST,TRUSTOR COVENAN7S: .,; !.,'
<br /> - .. ' , �. .
<br /> � ' � TfTLE:That it,i�tawlulty seized and possessed ot a gocd and indefessibte titte and estate to all ot such prpperfy in te� � ��� '
<br /> �� simy,te hee trom any priar Iten or encumbrance,has good right and lawtul authority to cvnvey the same.and wilt foreye� . .
<br /> � w�ant and detend 1he tltte thPrptc against the clairsss arsd demands of all perscrs whosoever,that 1t will,aA its expeRSe, • �
<br /> • � ma�nia�in and preserve the lien ot this Oeed o!7rust as�firat and paramouat li�n�c�pon suCh property,
<br /> '`� � MAINTENANCE:To keep such property ia g�oo cer.d�tion and�epair tp complet�or restore�romptly end in�ood ac�¢. , '
<br /> � . �ricmanlike manner any buitding which sr.�y�e e�:s�ructed,damaged or desUoyed therean asid to pay,when dua.�I� .��
<br /> ctairt�foriabarpe�to�me.dandmatedatsfurnlshed[n.erelareandtoranyalte[atiQnattiereottocomptywitbt�epravisiqc�s.. � .
<br /> -� ; � atall.insurance poticies covering said premises,to compty wlth all laws,ordinances,�egutatlona�covena�rtt�condidvna
<br /> and resUlctions aNecting sucb praperry:rtot to remaaa;Qemolish or materialty atter any building.or the ctaa�racter or u�e
<br /> ' thereof at any tlme thereo�:notto drill or extract nor ta permit the driiting tor or exVaction of oii,ga�or oth�r hydrocacban.„.
<br /> subs�oces.wateroranymineratofanykinduntessthewrittenconsentof8eneflciaryishadandobtainec4:nottocommilq�,., �
<br /> -- --�• - � permitanywastethereofaranyacluponsuchpropertyiRvtoi�tionotlaw;todnatlotheractainat�metyatidproqefmRnnAt{�:�
<br /> ' vrhich trom the cheracter or use of such property may be reasonabiy neCessary ta protect and preserva aaid aeCUdty,tha,
<br />- i speci�c enumerations herein not exctuding the geReiaL !
<br /> ;
<br /> - _::___�—�- ��NSTR�1CTtONOFIMPROVEMENTS:.7ncompletelo�oAdandworkmantikemannetanybuildingarimprovementor �
<br /> repalrrelaUngthere:owhichmay6ebegunonsuthpropertyarcontempt2it�ooythetaansecuredi�eteby�iaPaY���� -- — _--
<br /> alicostaandliabilitieaincurredtberetore.andaattopermitany mechan3c'slienagainstsuch property.Trustoratsoagree�.
<br /> anything in this Deed oi Trust to the conUaryl natwithstanding;(a)to prompUy commence work and to camptete the
<br /> � (b�to comptete same 1n accordance with plans and specifiCaUons as app�oved by �
<br /> ... D oposed improvemenb P�ompUy.
<br /> . _ _._..
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<br /> �__.__W__...___--
<br /> Heneficiary.(cjiocorttptywlthAtfcfthetennsofarrybuifdirrgfoarra�g�r�nEbetwee��r�st�randBe�s ' . arajso --- .- ---. . __
<br /> , . � which are lncarporated herein by reterertce to the sa►me e�e�t as if tuliy set torth hereln and made a part ot this Ceed of �
<br /> ' � Trus�(d)to alicw Beneflcisry to inspect such propefty at all timea duNng construcUon.and(e)tv replace any work or , ,
<br /> K. ' �;.._ materiats un�atlsfact0iy to Benenclary.within fitteen(15)Aays a�er written notke irom Benetitiary of such tact which
<br /> noUce may be given to T�ustor by registered or certified maii�sent ta his last fcrtd,Wn address:ar by personat service otthe i -
<br /> . # _ sa,�,e �
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