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<br /> =." f;�.,:'. lHTN[�HQl�f.�T?BNE�KE�j j THIS r1EE�QF TR(PST CONSTRUTES A CONSTHUCTlON , � �">':.. . . .;'
<br /> � : . S�IIt161FNM#ii�lENT UHOQEF�THE NFBRASKACQNSTRUCT/ON UEN ACT ANDCREATES, �,:.,.;� :t:
<br /> `.� : . . , •� �` • ;.: 'Qq�9l/SAMD CONST?lIJESA CONSTRUCT/OM SFCURlTYlNTERESTfN THEPROPERTV �,��y
<br />_:;;:;� Ei�RR18FD HERQNBElOSM. ..;'
<br />_'"'�� ' WH��:�' !� hrdebied ta Bene�rcfaryin the plirrdpal sum of ~ - , < :�.
<br /> �, ,' ,-.r ,; � . _: Qaller.s j� "'1.rvhichlndehtedn�ss fs evfdenced by�rrrstnr's p nafe dsfed av 1� ,19 .lAereinaPfe� �,` ' :. '. ,. ,� .
<br /> < .r ;:�,.;�::..:<: , ' ' ''�� CH11E[��t���O����P$Y�I9t01h8OTd2/O�BB7tBBCJaljlBfl�Il8VIlIgBllJfl1t17llj/Of RQ� • - ••�,,.� __.!F';
<br /> .:•�-,', • NOW'7ifEREF4IRQ for tha ose of sacu�in • '�'
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<br />_- � laj,P�yrnenSofthe Nofe,togeMerw�7h irKerestthe�o»,late charges,prepayment perralUes,any hrtme advar+ces,and all extenslan� i:.,,.,.�.,. . , ,. -
<br /> -:r.; � • mod�rcatrorrs aubsb"ttr�ons and renens�a/s fheseaf, .
<br /> . ., ; :-,..� ., �'- {d};paymenf ef allother sums,fees or charges,tegerher wid�fiterast fhereon,advanced to prafect tlse secwiry of U�is 0esd of Trust enrl :,.:-. ` -
<br /> .�.n g•-,.s•.;+:^- 4 tl�perlormance ot Ma cavena�and agresme►rGS o1 Trustor,vfiaUret or not sef fonli fianaTn, ^�.`�`'4,::�` . ��_
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<br /> -:.;` r.. . ,,• ',�- ' (cj p�fannance.discharge ciand compfl�ce with every teim;wva»ar�obfigetion alid aBreemenf of Trustor contaleed heraf�or .r:��f .:•-:: � '
<br /> ,-r, ���.`•;:;;:t;... -:- . _ Iritr�ipnratedbyreferencsosanyoMersecurfly�tnstrur»�rrtatanydmegiVe�rinsecure�U�fYote,and� -- - . _. .. ,:;�---- -
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<br />_;=;�;. : �;s;:- i;;;;;,:;� (� ihs�apaymentataltothersumsorfutt�advtt�r�4s.viitlrT stth rchmayhe�atafifehavebeenorhareafterbeadvanoepl , �, `�
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<br />-�(J.+t �fl..�tJc��p.�sii� �,P��,`y;��,�y by�enefiGa�y�toTrusta►orTmstoP&su�fnlraeresE,ti�rUde� � _ ... •x
<br /> :''`�i °cf�r''. 'r r•:,` a11 of creCvdls harern2ftercoUeCtr've! cellad ihs�r�%rir�fehte�nes�`.;j�Tiu�ifieVticab/y grants and bansfe�a to Tmstee,In bus�WITH POWER . •
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<br /> , k .t:`f:i���;t.. .._;;� OF�sh�followingdescri6�cfpaaperty: �au3hwest �3�rfceer [51�1i�I of Section Thirteen [13). Yownshi� ::�."��_,:� '.,' �_;_��•.�',��
<br /> � T�aetvt� (72T North, Ra�ge Ten �(10D� West of the 6th P.M., Ha11 Connty, NebraSlca. ` '`
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<br /> t ' � �r�'�.s • •.:, log�4teac t�ilth(!)all buffdings,sttuc�uir.-st addi�ons,enlargements,modificatior►s,repafis,�ax�meMs,and improvemerti�tn�w or herealter I ' • •
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<br />_:',�� ':�`' >;:;r.,: . lacait�d'Uhereon,(li7 a!/equlpmen�ar�iuner��rrd��xtures Crtclyding.wiiho.+t fimication,aUl.�fsn`rs�.deadng,ven6lating.comr�:g.afr , � '`.:;;'';� ;
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<br />_ ,r,� . contitloning,sp�fnlding and plumbiag�xdrtes;:tfratrirttnd powe�systems,englnes,boifers,ranges.ovens,dlshwashers.mirrors and maM�s. ,�s' �.�,:��%};t%� t:
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<br />:;��`f •���=�. i•.l,.,e•{, cmpeUng,famaces�oti 6ume�s,elevafors eMf:m�isr,�refiigeraBOn pla�rts arcurtt�.commynfaation systems.dimamas,bansformer�ef�..a� • � s�,:<',�l';�,
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<br /> ���':: ' �� :;-•`::��% equipmen�storm antl'sr:reon winddvis,doors.��i�r�rfr.�s end shades)noNi anc��a�ter attached fo,or bw.ttfir,arrybuNdng orimproYem�C "..:�, . .�s'� ,
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<br /> t_ , nori w hereafter tocated thereon,�aD easem�t,�:s and dghts of way appanenant Meieto,(ivj,a/l/easehofd estate,rlgM,tftle and lnterest of �,�,,�;.
<br /> .. Trustortn and to alllease�s whethe►now orhereaft�fe�asting orenieredfito(irrcluding,without limrtation,a!t cash and securfty dapaslts. ,, , . 3.-� •
<br /> �� I' , ; � advance renta�s and Bepasits a paymerrts oi a simfla�nairrre).pertaining thweto,(v)all rents.�ssues.prafits and Income Iherefiom(sub�ect .. ✓
<br /> •�+ • ' to Ihe d ght ol Titts[o�ta collect and a p p J y such r d l t t s,lssuas,pro�ts and Incorne as they become due snd payab/a so fong as no event at ' '. '��
<br /> . ' � defautt exists hereurr�'c�;(vI)a!►royataes,minera►,+�,i end gas righis and prohIs.wafer,waterdghts,and wat�rstock,(vl�ali tanemefrt::
<br /> �:� `�� �. .. � Aereditam2nts,p�iur(��and appuRenances belQrrging,ased or enjoyed fn connecGion thereuvitji,and(vii1J al!proceeds ot converslon; ; •'.�• �
<br /> ' . voqmfary a invo/unlary.of any of the thregoing Into cash or liqts;�fefed cJalms(inciuding.wiihomt llmitation.Pracaeds of insurance and 'i;::= ;�;''.. :� .• .,. :�;�`
<br /> .;.; . : �� . condamnation awards).aD ol whtd�j^,hereinafter c�llecttv�fy callr.-�the"Tnut Property.. ,�r?:::` ::: '• ' a''; %;=
<br /> . �. �� -_
<br /> �� . , . TO RRaTECT THE SFCURRY t3'�THtS DEFO 0�•7RUST,17?FES70A COVENANTS AN!?IF r3��ES AS FOLtOWS: � `� �,-F� ' ,,� .-
<br /> • . • 1. Trite.Tiustarca:�nants,wanants and agreea Nifh BenefiGary,its succassqrs end assigns,that Trust�,c owns the Fmst Praperty free � • ,. ��
<br />�:�,�. � �' '. . trom 8ny prlar�l�tsQr encumb�ance,thatlfc's�Jeed o/Tiust Is and will r�m�trc a v�d and enforceaDfe fi�sf iien on tAe Trust Fiop2rfy. . � , _
<br /> . t' ' tHat Truslbr.&i•�15expense,will preserva sccA atle and wilt mainiatn thfs f�d at Tiust as a�rrsi and par�mountlien ipan ttce Tru�
<br /> `''`� � � '�rope�Jy end wiU faeve�werrani and defend the validity end priority ot thefi�nhareat&galnst the ciaims of a/l pers�r��rcl par�`� . "
<br /> . . , whomsoever.Tiustor,at tts Qxpense,wf!!cause thls Deed ol Tiust,and eaclf 2rrreart�rrer:t or supp/ement hereto,to�r!'r.,,�' az7 : ' �
<br /> . recarded as a mortgage af the Trust Pmpeny+n such manner and in such pJace and ur�ll take such action as!n the�irsir,naf Trustee , ��-
<br /> -�''",�t. �� may 6e requlred by any present o�future law ln ade�fo pedect,matnteirT'a*td prot�ttie lien of thJS Deed ot Tiust,�s'it;e s�[�y - �``''��
<br />��,-�,y' . .... ..' � . 4 - . .. '''i.:�.>.._'"•:
<br /> ;;.;,,, � . • be amended a supplemented from tlme to time.Tiustoi will make su�frlurdr��assurance or assurances ro peAect its tiUe tv�Tru� � ;':?��! .. ,
<br />_;;;°;; � , � Pioperry as may be required by BeneBciery. Trusto�he�eby relinquish�.�ti�»�ht o�dov�e►and homestead in and ro the Trust Fraperl�y. E . � �" ,
<br /> `' ' ;•�..ti�,>.;,� ' ' � 2. Payment o1 indabfedness.Trt�or shal!puncfualry pay the p�lnctpal atsnd interestQri it,e Indebtedness secured here�y. � j . • -.
<br />_ •..,..,,,;.�i, , .
<br /> • ?!���+;' ' 3. C��sOucdon of/mprovemen(s.'t'iustor s!►all comptetein gaad and warkmanlike mannerary b�ildings,improvaments crrepairs reladng • . '
<br /> ' • •'i t�r 2 r e t o w A t c h m a b e b e u n o n t h e T a s t P r o p e�l y a c o r r C�m p l a t e d b y t h e l o a n e v i d�r�r.a a d b t h e N o t e s e c u r e d h c�b ,t o a w h e n � �, ' � •
<br /> Y 9 Y Y P Y i . ' • ., •..; `
<br /> ;���,. ' . . . rtue ali costs and liabilitles lncuned ther�fore,and nat to permit any construction lien against such 7rust Pioperty.Jn the event I ��'�<'
<br />- ' . censbuctlon o1 bulld/ngs,improvements or r�pairs are contemplafed,Trustor aiso ag�ees,anything in lfsis Deed ol Trust to the cart,�sry ( '� 'j'���`
<br /> -�"�;>;,� � ` rtoNrithstanding;(a)to prompNy cammencc3 any such work and to co:np;ete the p�oposed imp�ovem�nts pmmptl•�I�)to comptr�ahe • ,
<br />_ �,;.,,,,� , sama In accordance with the plans and specincations as cpproved by 8eneficiary.(c)to comply with ali the terms n�a building laan (.,;
<br />-.�` �- � ag�eemant,!f any,beivieen Tiusbr and Beneficfary,ri;e r�rms ot wh1cN are/ncaporar�d herefn by reference an�ma�sa a par:bereof, � �:•,:
<br /> �;'-;;;;, . I
<br />-;`:�: `�r��'� (�ro al(otirv Berrefrcia�y to;n�pect the Tiust P�operty at�.'1 tmes during construction,arrrJ(e)ro reptace sny wark crmt:t�-r�'a '
<br /> �•� '' unsadsta�tory to Benefici�w;ihln tiReen(15)sfays afte�wriaen no0ce�rnm,Benefictary of such lact y .
<br /> . • � 4. Frutds for Payman!ol Chaiges.Subject;o a/�,�licable law or ro a wr.'iten urasver by 8eneticfary.Trustor shall pay to 8enefir�ary cn tf�e �
<br /> , ; Brst day of eaeh month,a such otlrer dafa Each month as may be speaficd 6y Ben�iS'�ary,until the fndebiedness ls pald in fuit;�sam
<br /> - (herelnafter caIled tha"funds')eqeral to N12th of the year/y taxes and assessments which may attain priority over this Oeed of lrust f •
<br /> end ground�enis on ths Trust Properry,Hany,/llus f�1?th of the yearfy premium insfslliments tor hazard insurance,plus 1�f2th ol the •
<br /> . i , yearly premium/nstalirr.ents for mortgage insmance,if arry,a!!as reasonably estimated initially and hom ame ro time by Benefrciary an �
<br /> ;s�... th�basls o1 assessments artd bills and reasonable estlmafes thereol,The Funds shal!be held In an instikr6on,the deposits or �
<br /> _ � eccounts o1 vihlch are Jnsured or guarant�ed by a federal o�state agency Including Benefrciary.Beneficlary sha!!appty 1he Funds to !
<br /> .; , ; . ' � , pay Sa1d taxes,assessments,insurdnce premiums and ground rents.8eneficlary shal!not be r�quired to pay Trustor any interest or '
<br /> � � earr�7ogs on Ura Funds.Beneficlary shai/give to Trusior,without charge,arr anrtuai accounL�ng of tha Furtds shovitng credits and �
<br /> i , � _ .
<br /> . � �{_ : de6its to the Furtds snd the purpose fo►whlch each debit to the Fund9 was made.The ft�ads are p/edged as addiUanal seCUnry lor �
<br /> . . the/nde6feQness secured Dy thts Oeed otTrust.I11Ae amount of Nre Furtds Aeld by Beneliciary,together with the futu�e monihty
<br /> ;�.t . � Instal/ments of Furtds payab/e prior to the dus dates of taxes,assessments,insurdnce premlums and ground rents,shall exceed the �
<br /> °±: ' , arrtount required tn pay said taxes,assessments,fnsu�ance premiums and ground rents as they latl due,such excess shall De,at
<br /> ' ' . . . Trustofs opfior�,either promptty repaid to Trusror o�credited to 7rustor agalnst lutr�re month)y►nstallments a!�urtds.!/the amount o! - � �
<br /> • � `.• • � the Fwds held by 8eneficiary aha/!irot be sufCrcient to pay taxes,assessmeMS,insurartce premiums a►rd ground rents as they fall due, , ' .
<br /> .: .
<br /> ':_ �..�,._ _, .______�,_,.,. TiustorsAali pay to Beneficta►y any smount necessary to make up the defrcieacy v�ithin thirfy days lram the date nobce is mailad by _ . .___
<br /> ____ _r. .____.�.�, Benehclary to Tiustorrequesting paymertt thereof.Upan payment in fu0 or a111ndebtedness,Bene/icisry sha/l promptly�efund to ; - •�
<br /> • � Trustorarry Furtds b8td by Beneficiary.!/the Trusi Property is soid under the power nf sate or fhe Tiust Properry is othenvise acquired .
<br /> � �'„ . � � . Oy Berrefrclary,8eneficlary shall appty,immediatety prior ro Me sale of Ure Tiust Property or ds acqulsitron by Beaelrciary,any FunOs ' '
<br /> �� • hefd by Beaefictary at the tlme ot applica6on as a credd sgalnsf the tndebtedness.d Benefrclary executes a written waiver ol Tiustoi s
<br /> '`-� _ , , obliga6ons under thts paragraph 4,Tiustor covenants artd agrees to pay.befa�e t/re same become delinquent,a11�axes,assessmenrs.
<br /> x�+Ire�urca�as rrremaua�+'rt . `F.
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