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<br /> .� �, D�Oi TRII�T . �7'!�''�if�i'�`J —
<br /> -- n�i TRUS DE 0,m �� lo y a February _�p � ,qr�d�n�or�
<br /> � �• ���� ����tdex�d ttiv�r. NE 68883
<br /> — — whc�M rtiiNklp�ddnM it � ��1'�+
<br /> � (Mnin"TnNla'77�nd IM�NM�wla�mtllkp�ddrM�i�P.O.8ox 487�Wood Riwr�N�brnka 6A�83,f h�r�n"Tna�•���nd•�B�nNi�ry'�•
<br /> �- �OR VAIUA�CONSiDERATION, inelud�►p th�lnd�bt�ss ird�Miii�d h�nin ad tM trust h�nM+a�at�d,th�nalpt of whkh is hK�b�r �
<br /> odcnowbdp�d, Tru�ta i�wocabll►�raM�,traruton,ebn�reps,ond�siq�a to TnutM. IN TRl1ST.WITN POYYER OF SALE.fa th�b�lit ad
<br /> `- acurity of t�ct�f k(ory,und�t ond:ub(rct ro th�t�nns end cardilbns of this ONd of Trust.t!M r�ol propaty d�suib�d aa idbwt�
<br /> .=_�� ______�,r� Lot 6, and the Wegt 11 feet o! Lot 5, B1oGc 7. Dodd and I�Sa�e�haii'• Addition
<br /> �-_=,�,�;M;,,��.___ to tho Viliaqe o! Wood River, Haii County, Nebraska
<br /> --:'�..M�r"'�::t.:.ii�1„�'"�
<br /> -- -- ���y-°� Lot 10 and the West 15 feet o! Lot il, Biock 4, First Addition to the Viilaqe
<br /> �:�_u:F=;���,:•-,., of Wood River, Haii County� Nebraska
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<br /> TOGETNER WITH.oll rent�,p►ofits,royalti�s,incorn�and ottur ban�fits deriv�d from the reul property;all leases or sublaas�s coverinp the
<br /> ^ real prop�rty w any portion thtreof,now w hereaftar existiny or entered into, and aIt ri�ht, titl�and int�rest of irostor th�rewKier,aii in-
<br /> terests,�stat�or other claims,both in luw and in equity,which Trustor now has or may hereafter acquK�in the reol prop��Yy:ull eosements,
<br /> • riphts•of-woy, tenements, hereditaments and appurtenances thereof a�d thereto;all oil ard gas rights ond profits, water rights ond woter
<br /> stak;all riyht,title ond inttrest of Trustor,now owned or hereofter acquired,in ond to any tand lyiny within th�riyht-of-way of any street a
<br /> highway odjoininp the real property,any and oll buildinys,fixtures, improwments, ond appurteranGas now or her�after encted thereon a
<br /> belorpiny tt�reto,(herein refer►ed to os"Improvement"or"Improvements");and ony and all owards mad�fa the tokinp by emin�nt domain
<br /> � or by any praeeding or purchose in Iieu thereof,of the whol�or ony part of the real propeny.
<br /> `. " All of the fore9oiny estate,property and interest h�nby conreyed to Trustoe herein coll�ctively r�fernd to as th�"Property".
<br /> �': THIS DEED OF TRUST SHALL SECURE:
<br /> �'4 (a)TFu payment of indebtedness evidQncQd by Trustor's note of even dote he�ewith in th�principol swn of_.3��ty���thq�11S�_.
<br /> � ' and no/1DQ__ -------------------------------------- Dollars (S���QQQ•QQ--- - ).
<br /> . ' together with interest at tha rate or rates provided therein,(herein,together with ony and all renewals.modifitations,and extensions thereof, f
<br /> referred to as the"Note")hoth principol and interest on the Note beinp poyoble in accordonce with the terms set fonh therein,reference to _
<br /> which is hereby made,the finol payment of intipal and intQrest,if not sooner paid and it no renewals,modificotions or extQnsions art�made,
<br /> duQ ond puyable on_ March_15,_� a d a �renewals or extension thereof. _�_,
<br /> (b)The pQrformonce of eah agreemant o�� t of Trusta herein contcined;and �-
<br /> (c►The payment of any sum or sums of mo 'h in�st thereon which may be hereafter poid or advonced under the terms of this Deed of �
<br /> Trust.
<br /> (d)The payment of any future advantes nece y to protect the security or any future advance mode at the option of the perties;and ��
<br /> (e)The performance of an obligation of any other person nomed in this Trust Deed to o beneficiary. "=•°-
<br /> TO PROTECT THE SECURITY OF THIS OEED OF TRUST,TRUSTOR HEREBY tOVENANTS ANO AGREES AS FOLLOWS: f�
<br /> 1.��qwMt of Pei�ctpd Md UM�nst•Trustor shall promptly pay when due thQ principal of and interest on the indebtedness evidencod by the �
<br /> Note,and all otlwr charyes and fees as provided in the Note,and the principal of and interest on any Future Advances secured by this Oeed of �
<br /> ' Trust.
<br /> � 2.W�ty of TdN.Trustor is lawfully seized and possessed of good and indefeasible title and estote to the Property hereby conveyed and
<br /> has ihe right to grant and convey the Property;the Property is free and clear of all liens and encumbrances except liens now of record:and .
<br /> ` Trustor will warrant ond defend the title to the Property against all claims and demonds.
<br /> 3.Mi�t��n Md Co�pY�c�with l�w�.Trustor shall keep the Property in good condition and repair and sholl not commit wnste or permit
<br /> • impoirment or deteriorotion of the Property and shall comply with the provisions of any lease if this Deed of Trust is on a leasehotd.No improve-
<br /> • ment now or hereofter erected upon the Property shall be altered, removed or demolished withaut the prior written consent of Beneficiory.
<br /> � Trustor shall compiy with all lows,ordinances,regulotions,covenants,conditions and restrictions affecting the Property and not commit,suffer,
<br /> . or permit any cct to be done in or upon the Property in violation of any low,ordinonce,regulation,covenant,condition or restriction.Trustor
<br /> f shall complete or restore promptly and in good workmanlike manner ony improvement on the Property which may be domaped or destroyed and
<br /> t , poy,when due,all claims for lobor performed ond materiols furnished therefore and for any alterotions thereof.
<br /> ' - I 4. I��Ye�e�.Trustor,at its expense,will maintain witn msurors approved by 6eneTiciory, insurance wiin respeci io i�e imprvvemeni�anv
<br /> ! personal property,constitutinq the Property,aqainst loss by fire,liyhtning,tornado,and other perils and ha:ards covered by standard extended
<br /> , � covorayo endorsement, in an amount equa�to at least one hundred percent of the full replocement volue thereof ond insurance against such
<br /> :, other hatards und in such amounts os is customarily carried by owners and operators of simu�ar prope�ties or as Beneficiary moy require for its
<br /> prot�ction.Trostor wi�l comply with such other requirements os Beneficiary may from time to time request for the{xotection by insuronce of the
<br /> w interests of the respective porties.All insurance policies maintained pursuant to this Oeed of Trust shalt nome Trustor ond Beneficiury as m-
<br /> SurQds,os their respective interests moy appear,and provide thot there sholl be no cancellotion a modification without no less than 1 S days
<br /> � pr'�or written notificution to Ben�ficioryr. In the event ony polity hereunder is not renewed on or befae 1 S doys prior to its expiration date.
<br /> Ben�ficiory maY praure such insurance in accardance with the provisions of porogroph 7 hereof.Trustor sholl deliver to Beneficiary the original
<br /> potici�s of insuronce ond r�n�wals fhereof or memo copies of such policies and renewals thereof.�ilure to furnish such insurance by Trustor or
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<br /> ren�wals os required h�rewber sholl.at the option of B�rwficiary,constitute a defoult.
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