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<br /> ;and 1I�0�1�M'EST�i4MK:: �--,��� •
<br /> eM�d1Nt"8wM1Cwp"1.IN1oMeN�fl�Idd�fil�.�.R4r.�s�io o•�• aas lt� 2-• - -.
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<br /> - IF T�l�BOXlS Cf�CKEDI ►TNfS OEED OF TA1/STCWVSTlTIIf�SA COMSTRUGTIO�IM � .
<br /> SEC�IRIIYI,IQti�/Qi1�t!li��tT1�ElI�BAASlU LY7MSIAUC�IOMLIIHMACF/WOCkEA1ES�
<br /> • aRMiTSMIDCONST1ftt1ESACOHSTRtICTl�OI�1SEClIRIf1►N1tTERESTMIIHEPRGPFRTY
<br /> ` OESCRIBE'DN�RENYBFLOW. �«.�„ �n......� 1y�o Hundrtd _aad iwilOQ -----
<br /> M�IiFAE'A Truslar&ydw�lldbB�rrMdarYhthsP�'tr�dp�l�und Bi�
<br /> - Oo+�rs(���..�-1.wnk�rrhd�btedhsss Js swdrnced�y tnn�o✓spra+►Ysaorynoes dae�d .15..2�.(tN+�r�r
<br /> �+ Carsd�hs"lMDI�),P�Yd�b EAs order o/Barre6c�ary end haNt►y�mtl+�Y d Janua�rv 1�.-�� - -.
<br /> - MOW;TIiE�I�atEAapt�rpo�eoissct��y:
<br /> �`'Y�, (�1 P�Ynbrxof�s�NotRUoye�lbrw�blrMrnetfhs►sa�leuecfr�r�s�P�l�l�+�p��1►li�tr[sadvana�ar�d�Y�lwai0r�s.
<br /> '�fi:`• rnodlealia�subsliitions andt�rNwafa tf�rsd. '
<br /> -����' ,�v�aa�o�ea,���cya�aaaarn�ane
<br /> s.d,:.. ro) wl�+�xa/aNalrs.s�wru.f�s.+acl�e�.�M►wraNnlers�rfbersan. .
<br />-<r;,s,,, �perJbrn�ence d tl►s corsmrxs andeyrsrn�r�lt oiTivaBOr,wAedierarnataeNortli harir►. �/T�.�y� ���)�
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<br /> - ��+�aanY��+�Y���9�[�s�us iM N�,,and
<br /> . . (d) tl�,spayrnerKOEatafhersrmsafuarsedvs�css.w�ln�rrlb�sstthersorr,�fiicl►mayGaislbl�a�ha�roessnal�wBwb�advarw,wl
<br /> py B�nefidary tb Tnr�arar Fii�a a�x:csasor in k�ler�t a1ds.
<br /> r M a wHcn rs aer.�nan�r��ca�red u►e••�ndebced�ess��. T►usb.�r►etioceay p�arr�aans�era�r,ustes,rn r,r,s�wqw aowER
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<br /> " �'' '' "" E.�'` The Northeast �uaster (AE}) of the Northeast Quarter (NE}) Seetioa Nineteen (19)s Tos�nsship
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<br /> , . . , , ,t Nine (9) North, Range $en (10) West of the 6th P.M., Ha11 Couaty, Hebraska.
<br /> -- - F• . .�'�,". loyeHi�wi(h n a�'�gs:aductur�s.addiGions.e►�►ar9ements.modificatiorrs,repelrs.►e;placemerXS.arrd i►nproverr�ents now a herwltar
<br /> � ' '� '"` Ixatea tfrer�on. n j�L'�qulpmettt,macNlnery and Bxtures pncwding.wi(twut Arrtr�atiore.aM i9htlr�9.Ireab►►9.venW�n9,coo�r►y.air
<br /> • . ;.�r;� conalidoaing.sp�r�lcd9`�nd P1umbin9 Bxtu�es,water and power systems engines t�alle�s.ranges..ovens drsBwatNers.mlrrois and n�arrt�et� -----
<br /> `:..:::.:::..: :�-=:,' � carpe6rg,turnaces•sxibumers,ek+rators end motas.relrigeradon p/arKs a�+�its,corrKnurMcadon systems,dynamos.bans�armers,efictticaf A_�
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<br /> r � equipni�►�stormarrOscreenwirrdaws.doo►s.awnfigsand alrades)rawa/rereafteratfached to.abuiltin,ar►ybutkfing ahnp►owmerrt ���
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<br />- ;:,.;•. now oI hereeRer Jocated iherear.(�nI al!easementa and rights of way appuRenant thereta.llv1,all/easehoM estate.dght,Otle an0 irrtemst ol ',�:, ;:
<br /> - • � Tastor ln and m a�leases,whether r►ow or hereafter exlstlng or entered inro(induding,witAout IimitaUorr,all cash and secw/ty deposils � .„
<br /> ��"�'�'� ' advance rentals ar+d deposits a paymems ol a slmitar nature),peRainfig thereta.(v)al!rents,issues.Profrts and Income tAerefran(sub�ec:t .
<br /> ,�., , • --
<br /> �� !t,; ro the dg ht o l Tiu s t o r t o c o l lec t and a p p ty sach renis,Issues,proflts and income as they become due and payab/e so lang as ra e�e+rt af
<br /> _ ° - � - de/ault ex;sts hereunder).(vl)all royalUes,mineral,ofl and gas dghts aird prot'it�,water,water dgMs,end water atock,(viJ)all tenemenb, . : .
<br />, , ' Neredifaments,privlleges and appuRenances be l o nging,us e d or en%oye d!n c onn e cUon therewlth.and(vfii)a0 proceeds alconverslon, .':�:.
<br /> - ` ' � � voluntary alnvduntary,olany o/the fixegdng inro casA or llquidated claims(inctuding,without timitadon,proceeds of iasurance and "';°�
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<br /> �. � oonQemnetTon awar+ds),a!1 of whlch!s hereinalter collecGively ca1/e0 the"Trust PropeRy". ; �
<br /> • • � TO PROTECT THE SECURJTY OF TH/S OEED OF TRUST,TRUSTOR COtOF�iAMS AND AGREES AS FOLLOWS: , ,
<br /> . 1. Titfe.Trusta eavenants,warcants and agrees wiw Beneficiary,its succ�sors and asslgns,that Tiustor owns the Trust Properly/ree �
<br /> � . hom any pdo��en or encumbrance,lhat thls Deed ol Trust fs and wi/f reraln a valid snd enfarceabfe f►rst lien`on the Trust Property, �- . , -
<br /> ., �..,,, � :, � . ihat�rustor,at its expense,wil!preserve such Otle and wilJ malntaln fhts Deed al Trust as a fi�st and paramount llen upon the 7►ust . ,. •
<br /> ?:, � . � PrapeRy and will tar�er warrant and defend the valid'rty and p►Jaity of the lien here:�t a;,31nst the clatms o!all persons and paNes ti,�,...,.,,. . .
<br /> �`'"� '" whomsoever.Tr�r�or,at ita expense,wl1J cause thls Deed of Trust,aad eaeh amerdrr.�.i or supplemenf hereto.to be flled and �
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<br /> - ' � tecorded as��:oRgage ol the Trust Property in such manner and in su�':place and wiJl take such a�tion as ln the opinlon ot Trt�tee . �.
<br /> ''I��'` � ��..;"� may be reqt�:r�by any present o�tuture law/n o�de�to peAect,mairrtaj��and protect the lien o!tt^c�u,�ed ot Tiust es me seme rrt�1! . •
<br /> � be amende�a supplemented 1rom time ro time.Tiustor will make such fu,ther assurance or assura.-c•:�s to Pedeci its tit/e ro the Tr�st i �
<br /> ; Prope►ty as may be r+equlred by Beneflciary.Trustor hereby rellnquJShes aJ!ngM ot dower and homestead in end to the 7►ust Prope�ry. � , '
<br /> • � � Payrr+ent ollndebtedness.Tiustor shal!punctually pay the pRnclpal of and Interest on the Indebiedness secwed P��y. i ,•
<br /> � �ansbucdon of hnprovements.Tiustor shall complete/n good and workmanlike manne►any buildings,improvemer,��.r.�palrs re1�`;�g
<br /> � � U�ereto whlch may be begun on the Trust Prope(ty o�coniamplated by fhe loan evidertced by the Note sECUred h.er2b'y,to�CG 4t��`.^en i
<br /> ���;�', due aU costs and liabil'�Ges lncuned therefore,and not Io permit any consuuction lien agalnsi such Tia�st Proper�t.7n the evertr � ; .
<br /> consbuctJan o1 buifdings,tmprovements or►epabs a�e contemp/ated,Tiusto�also agrees,anything in rhis Deed cf Tiust to the car.vary •
<br /> " notwHhstanding;(a)to prampUy CommenCe any such wa�k and to complete the proposed ImprovemeMS prort-FGy (b)to Canplete the ;:;�,,
<br /> �t:;:'••' sameln accadance wlth�►e p/arrs and speclficallons��zpproved by Beneficlary,(c)to comply with al1 the re,:,:s p!a buildtng loan ?,.l�
<br />� • ' • � 'ag�eement,ifany,between Tiusto�and Beneflciary,�_�erms o!wAich are lncorporacea he�eln by reference and made a part hereal, ��'%. "•
<br /> • � , � (d)to allow Beneflctary to�nspeci the Tiust Properrf a�aiJ times duflng construchon,and(e)to►eM:��any work or maferials ���•�;� � •
<br /> f<<�:•' � . unsaUsfactory to 8enellclary within tifteen t151 days a:'n�wdtten noNce l�om Berreliclary ol such�r` ,. . .
<br />��. � �:,Funds for Payment of Charges.SubJect to ap{�I�cable�aw or to a wirtten waive�by Seneficlary,7r„r r�•shall pay to Benefi�iary cr,rhe .
<br /> � ' � :'� Nrst day of each month,o►such other date each mon�as may be speciNed by Beneliclary.an6l fr:l.�.7ebteCness I.s patd/n fan,a sum •
<br /> . (heretnafSer called the"Funds')equal to 1�12th of the ye�ty taxes and assessments wh�ch may attnA prioriry cv�?r�is Oeed of Tiust ,
<br /> , . � and ground rents on the Trust Pioperry,i!any,pius irlTth of the yea�ly premlum Jnstailments for haz�id insurarc�,c!us t�12th ot the .
<br /> ':�;' yea�ly premlUm instal/ments tor mortgage inswance.II any,all as reasonab/y estimated Jnttialty and fiom tlme to trme by Beneficlary on
<br /> .�,-%%'�`:. '�I• �• the basls o/�ssessments artd bills and ieasonabie estimates the�eof. Jhe Funds shalf be held in an MStftulion,the deposits oi
<br />�`!��' � � accounts o!whlCh are�nswed or guaranteed by a tederal or state agency including Beneficlary.,BSnef�clary shall appty the Funds to
<br /> , • -; � • ' pay sald taxes,assessments,Insurance premiums and ground renis.Beneficlary shall not be requr:�g�io pay Tiustor any interest or •
<br /> � eamings on the Funds.Beneflcfary shat!glve to Tiustor,without charge,an annual aceounting ot the Fands showing credits and
<br /> � � � � debits to the Funds and the purpose lor which each debit to the Funds was made. The Funds are���9ged as additional secu�iry for
<br /> � �;- . . ' the Udebfedness secu►ed by this Oeed of 7rusL!I the amount of the Funds held 6y Ber+eflclary,toggthe�wJth the futwe monthly
<br /> �� lnstellmems ol Fands payable priar to the due dates ot taxes,assessments,insurance premiums and g�aund�ents.shall exceed the
<br /> amount requlred to pay sald taxes,assessments,lnsarance premlums and ground ients as they fall due,such excess shaH be,at
<br /> �_ . trusto►'s opHon,Bithe�p�omptty�epald tu Tiustor or credifed to Tiustor aga/nst future monthly installments o1 Funds.l/the an►ount of
<br />. • • . . !he Funds he/d by Beneficlary shall hot 6e sul/icier�t ta pay taxes,essessments,insurance p�emiums and g�ound rents as they�alJ due. .
<br /> ' ' Trustar shell pay to Beneticlary any emount necessary to make up the deliciency wlthln thirty days hom the date noGce is mailed by
<br /> :' ---—_—=_= - Benefktary to Tiusbr reques8rtg paynrant 1h�reol.C/porf paymenilrt!uU nt a!!lndebtedness.Berteflc►ary shat�prampUy refand to
<br /> - Tiusto►any Funds held bx Beneficlary.!f the Tiust P�operfy ts sold under the power of saie or the tiust Prope�ty is otherwlse acquired �� �
<br /> =;, � . by 8eneflclary,Beneflclary ahall appiy,lmmedlately pdor to the sale of ihe Trust P�ope�fy or i1s acqulsition by Beneficiary,any Funds
<br /> '. � • i held by Benenc/ary 8f the Ume oJ app/Ication as a cred'd egainst the Ind9biedness.I!BenefiClary executes a wirtten w8iver of 7rustor's
<br /> ' • '! oWiqaGo�cs unde�thts paregraph 4,hustor covenants and agrees to pay,before the same Aecome deGnquenl.ap taxes.assessnrents,
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<br /> � . . NC 1ti8�YfOYB!(AIID�astsOnryl . . S
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