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<br /> (herain"Trustar");and�A�I ilE�l11�.wtnae malting add�a ts P.O.enx 187.Waod River,Nebraska6E883.(heretn"Trustee,"a�d"Benefkl�'). __ _
<br /> : . :.� f0ii VdlUd9lE COPi3ff3�RAYit►N,includiay 9iie i�4cG��34 inC:�?ifi1cJ t�:rcin ar,d tha tr�4 h^ro'.n ereetefl.thn rc�ee(�t cs4 which is MrsbY � -.-
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<br /> erlcnow4e�ged,Tn,stor irrer�ewb�r gra�ts.toon�feos.conrsl►s.and assigns to Trustes.IN TRUST.WITN POW�t Qf S/llE,fa ti�e berwtlt and - —
<br /> � secwity of Beneficiary,untleP and sub�act 4o the terms an4 oo�ditions of thls Deed of Trost,the real p�oparty dasu3bad as tollsws� ---.____
<br /> t' Lota 7 and 8, Block 19, MacColl 6 Leflangs Addition� Village of Wood River� Hall _
<br /> County, Nebraska ��''
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<br /> ..^ T06ETHER WITH,all rents,profits,royalties,income and other benefits derived from the real property;uil leases or sublecses covering the� � ;,t,.,' fQF"„�—
<br /> . � � , real properry or any portion thereof, now or hereufter existing or entered into,ond ali nght,title and interest of Trustor thereunder,all im o. ? � ;:.,� �y
<br /> terests,estate or other claims,both in law and in equity,which T�ustor now has or may hereofter ucquire in the real praperty;aIl easements, -
<br /> :?: rights-of-way, tenements, hereditnmeMS ond oppune��ances thereof and thereto; oll oil and gas rights and profits, water rights ond wate� _
<br /> . 'r stak;all right,title and interest of Trustor,now owned or hereofter oequired,in and to any land lying within the rigfit�of•way of ony street or ,:v
<br /> • highway adjoining the reat property, any und all buildinqs, fixtures, improvements, and appunenances now or hereafter erected thereon or ,�„�, :,
<br /> , ' belonging thereto,(herein referred to as"ImprovemenY'or"Improvements"):and an and all owards made for the taking by eminent domuin :��,�;`:�� :�
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<br /> �' or by eny proceeding or purchase in lieu thereof,of the whole or any part of the real property. -�"�t�_'.
<br /> All of the foregoing estate,property and interest hereby conveyed to?rustee herein collectively referred to as the"Property". „y
<br /> THfS DEED OF TRUSfi 541ALL SECURE: �
<br /> • (e)The payment of indebtedness evidenced by Trustor's note of even dato herewith in the principat sum of • ,,.� ;ry,
<br /> 1�enty-nine thousand and no/100-------------------------------�-Ooilars (S 29.000.00 ), ; ���,+�� ,�r •
<br /> together with interest ot the rete or rutes provided therein,(herein,together with any and all renewals,modificutions,and extensions thereof, . •3;:;.�1� u
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<br /> �. „',; referred to os the"Note")both principol and irtt�rES°en the Note being payab�e in accordance with the terms set forth therein,reference ro .
<br /> ���: whieh is hereby mude,the finol poyment of princip�l and interest,if not sooner paid and if no renewuls,modificotions or extensions ore made.
<br /> due and poynbte on_— April 1, 2004 _ _ ____ ---- � ,
<br /> (b)The performonce oi each agreement ond covenant of Trustor harein cantai�-�.and
<br /> � (c)The payment of any sum or sums of money with+nterest ther�on which mQy De hereaHer poid or advanced under the terms of this Deed of �
<br /> Trust.
<br /> (d)The payment Q�¢ny future advances necessarp r�protect the security or anz,future advance mode ot the option of the porties;and I
<br /> (e)The performance of an obligotion of any otha►pe�aon nomed in this Trust Oeed to o beneficiary. i
<br /> � TO PROTECT THE SECURITY OF TH�S DEEO OF TRU51,7RUSTOR HEREBY COVENANTS AND A�R[Ee�S FOLLOWS: , �'�''
<br /> ,i 1.PahneeM of 9riedpal and l��r�st.Trustor shal'promptly pny when due the principal of an��nterest on the indebtedness evidenced by the • _
<br /> ;�,'. Note,and all other ckarges artd fees os Rrovidad'ar•�^2 Plote,and the principal of and interest an any F;tture Advuntes secured by this Deed e4
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<br /> 2.Wun�nry of TiNe.Trustor is lowEul'w s�ize�a°1�ossessed of good und indefeosible title and estate to the Property hereby conveyed anz �
<br /> hos ths right to grant and convey t�e'Pr�FartY, the Property is free and cleor of oll liens and�-cumbrances except liens now of recard. artd
<br /> Tru;var witl wonant urtQ defend the t�rf?r�the Property ogainst at1 cloims ortd demunds.
<br /> 3 ��,}�����aipQence�riM Lows,Trustor shall keep fPr2 P►aperty«caoQ conditien and repair artd sholl not comm�r waste or Qermit
<br /> i ir�ircrtQnt or deee-ca7r.'hn of the Property artd sPrufl comply with trte proviscorts:��1y Iease if this L'eed of Trust�s an a leosehold.Ne imR.atie-
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<br /> �rc mcw or hereofc��erected ugon the Praperry shall be oltered, remaved or�molished ariphout fhe priar wrdt�n tonsent of�tt�ct�arq
<br /> � S�rusSrv�r SltCll tOrttply with GII lrsw5.c.*Sinartces,regulotions,covenants,conditiarts and restrictiorts affecting the Property¢nd not cammit su�(�fer.
<br /> or cermit anv att to be done irt uv upon the Praperty in violotion of any law,ordinance,regulorion,covenant,condition or res°rut�on.irustor
<br /> � shall camplete or resrore p�omprly ond m good v�nrlcmonlike monner eny improvement on the Property wh�cn muy�e oomaged or desrroyed ond
<br /> pay,when due.all cla:ms for lobor performed nnd moteriols furnished therefore and for ony alterations thereof.
<br /> 4. Insueanao-Trustor,ot its expense, will mointoin with insurors approved by Beneficiory,insurortce with respect to the Improvements ond
<br /> personol property,constituting the Property.ogainst loss by fire,lightni�g,tornado.ond other peri�s ond hozards covered by standord extended
<br /> coverage endorser+ent,in on omount epuot to ot least one hundred percent of the full replacement value thereof end insurance agoinst such
<br /> other hazurds and in such amounts as is customnrily carried by owners and operotors of simu�ar properties or os Beneficiury mov�equire for�rs
<br /> protection.Trustor�viil cemply with such other requirements os Beneficiory mov from time to time request for the protection b=msurance of the
<br /> interests of 4he respitctive parties. All insuronce policies rt�aintuined pursuant to this Oeed of Trust shell nome Trustor and @eneficiary as m-
<br /> sureds,as their respec6ve interests may appear,ond provide that t�ere sha�l be no concellotion or modificotion wifhout no Iess than 15 duys
<br /> prior written notificotion to Beneficiary. In the event any policy hereunder is not renewed on ar before 1 S deys prior to its e.p�rot�on date
<br /> Beneficiory rt�ay procure such insurance in accadonce with the provisions of puragraph 7 hereof.Trustor shu��deliver to Beneficiary the or�gmal
<br /> . policies of insurance and renewals fhereof o�memo topies of such policies and renewols thareof.Failure to furnish such msuronce by Trustor or
<br /> renewols os require�hereunder shotl,ot the option of Beneficiary.constitute o defoult.
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