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<br /> `"�'—� TH1S AEfD OF TRUSTla madl thla_...�diy ot ���n".._,,,�,r�.,,,:..„..f9�,by Irr►d bstwNje..�aaa �.. Read. jn,�=,��,
<br /> - -- xeb,r,�tra Cnronrdtio whMhKOn�amo».(AeroinalNrcMNd tfN"Tnwbr").
<br /> _ wbose melYn�addroa�la 3'•0. Hox ran a n�n . �_._,�.,,,,._..�.�..__.
<br /> � �,�y ca�deb� Trt�s' w�oa�n�lrWtp adidr�le
<br /> �� l� ST3rd �t. ,xan e an� 'a 24a �g�,g�K � r�� a aCional A�saci�Eion ����,�
<br /> -�----=—• ca�,�tha"E:.�f1�l.:�y"),�rha:a ma!»'�rA�ddrera ls 3xd,�fit.�____ r_ _ _._s n ,�. - . ,_
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<br /> • IF THIS BOX IS CNECI��D(�t J TK18 D&EQ��OP�RtJST CONSTITUTES A CONSTRUCT/0f�
<br />}�"��`' SEC!/RITV AOREEM�lIt7 UNDER 1H8 NBBRA&K�CON$TRUCTION UEN ACT AND CREATE�,
<br /> ORAN7S AND CONS71�i/TE8 A CON371RtlC114M�JS�CUI�JTY tNTF.�iEST fN TH�PROPERTY
<br /> �`f�` DESCRIBfO HEAE1NB�iLOW. 3IaTY FIVE THOIT3AND ANI) NA/�00
<br /> WHEREAS T,,_�a r(a,,ladebtect to 8ene(lolery,ln the prinAipat aam mi. �------
<br />?'=i � l7bYaus(s��z�lJ�l�Cal�1,whfch lndebtedneas!s evldenaed by Tix�tRq�'s promJsscryltote dated �g�- ,!9 � .{AsnNHd[er
<br />�/, ca�ed the"Note').paYebte to the order q!BeneAolary end hAa�s�p e at�turlty of Aeceleber l.0� T�— .
<br /> ;,, NOW,TNEREFOfPF,for tlre purpass at.socyrJng:
<br /> ;;;;� (a) paymanf of thv Note.together wfM lnieresQ�hereon,/fRQ Chpf�QB,�+rpaymeni penatdes,eny hrtuse advences,and�e11 extertsfons,
<br />- modiRcaUons.substlhrtfons and re»owals tAa�eof,
<br /> , . -. (b1 payment o/all cthei sums,feea or aha��aa.togotho�wtth Irrtarnaf therean,edvanced to pmteot t3ie secu�tty of thts Doed at trust and
<br /> • :�r���', the pe►/amance e/the covenAnta And a�reemarris of TniEtor, Whether or not set M�SA heteln, «
<br /> �"�;;: (Q) pe�lo�mance,dlscharge of end comry!lertoe w!!h ev�ry tarn►,aarrenant,oWlgettaa ar�d�greement ot Tiustor cantalned heretn a
<br /> �;r:L�. .:
<br /> �� Jncapaated by refe�ence o�any oih$r socur!!ylnatnrrnont at aeytlme glven to sec�ne dre Note.and
<br /> .`k`�:.�• '' .;.•�:. (d) the repeyment oi all other sums or fulaua edvsrtces,wlIIh intemat theroon,whtch msy nereroto�e have bes»or hereafte�be edvanced
<br /> � � by Benefldary to 7rustor oi Tiustor.'s suocessor!n lrrtemat or t�fla, —
<br /> �..r;:; ;• �•,�..•*, . all of whlchls hereinafter coliectivety ca/tdd the'Yndebtodnass",Ti�unta lmavocabty grar�fs end bansfe�s to Tiustee,!n tiuust,WRH POWER
<br /> `'<"`�'"'°a •��� '�� OF SALE.tlre M!lowln deacnbed ro o
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<br /> ."�6.,.�'`,k.�.: `'{� tp• Nebraska
<br /> :�Y{...�• !�� Lot Fortq P3ve (45), in Ca4tle Eetates Subd��.vision, Hall Coun
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<br /> f ' " ; together wl�s�tj att bvUdtngs,'strrrctur�,a�d'�,antargamf►nis,rs��dtllae�orrs. .reptecemsnts,en�i i
<br /> iNrM�l.M ,:�.- ��., � te�lrs r�unya�ar�t�v nnw or heneaRe� ._.
<br /> ,.., , ., • /ooated dtereon.(Ii)ell equlpment,machtnory and Nxtu�es(lnaludtn�s•withorn dmitedon.a/l!lghUng,heating,ventlletlng,cooling,atr
<br /> � ., • condJUoning,eprinkling end plumbMg fiutur�es,weter and pow4�sy�tema,engfees.bollers,ranges,ovens,dlshweshers,minors end nianteJs,
<br /> • . ` � carpeUng,fwnaces.oll bumere,elevetor+l and mato►s,refilga►etlon•plants or units,communiCatlon bystems,dynamas,henslonnere,e/ecUfcal
<br /> � ' eqnipme�rt,sto�m snd screen wlndowa,doon.,awnings and shAdea)now or hereafter attached to,pr blaltt ln,any bulld/ng orlmprovemerrt
<br /> � ;:;,,,' � ` now othereafter►ocated thereon,(!11)elt aasements and rlghis o►w.�y appuRenani thereto.(iv),all leasehold estate.dgM,tl1Je and lni��est of
<br />�" ��;;�F%� � Trustar In snd ro all/eoses.whethei noN�or he►eaRer exla:lc��ar entared inb(lrtcluding,v�lthout/imitaUon,all cash anrl secmity depasita,
<br />_ ?;;�rS• ,: edvence rents/s end deposits or payments o/a slmlfar no��re�,peASlning thereto,(v)all ients,Isaues,pro1Ks and lhcame therelrom(subJect
<br /> -�� `: �_�4•�� • to the dght of Tiustor ro collect and sppry suc0�ients,lssvoa,profrrn and lacome as tlrey become dua anal peyeble so long as no ovsrrt of
<br />'`' � " defeuR exisfe he�eurrder),(v!)all ioyelBes,mina�al,011 and gas elght�and pioflts,water,wate�dghis,•and water stock,(vll)a!!te�rr�ents, _
<br />_ti, . .
<br /> _' -• � . � •ti��`� heredltements,priv)/egea end sppuRenortcea belongiag,used or unJoyed!rt connectlon therewfth.And(vJ!!)al!proc�eds of convers�on, ----
<br />' �,;,;. � volvntary or Jnvoluntary,of any of the bmgoMg into cash�rliqutdated clelms{Incfuding,wlthout l/mltedon,proceeds oflnauiance and �:
<br /> '%`'� condemnetlon awa�da).atl of whlch is horolnaRer colloaUvaly oel�d the"Tiust Property". ---
<br /> tyr.�y � =.
<br /> ��?;�����;:' �O PROTECT THE SECURITV OF 7HlS OEED OF T/�t/ST,7�t1�70R COVENANTS AfND AQREES AS FOLLOWS: =-
<br /> � , �����, t. Tlde.�iastor covensnts,wenants and agreas wlth Benoflolury,its seccessors end assigns,ihat Tiusror owrts tlre Tir�st Property hee �;,.
<br /> Irom any pdo�lien or enaumbrance,thA4 thls Qoed oi Tivat Is and wlq remaln e vafld and enforc�gb/e Nrst qen on the Ti�st Property. �__.
<br /> � ' ' that Trostor,ef!ts expense,w1U preserve such dtto and w1�m8lntaln HNs Deed o/Trost es a first and paramount Ilen upon the Tiust - --
<br /> � �"'��'•� ° ' Piaperty end wlll fo►ever wenarrt and defend dra vsUdt�y and pdorHy o/the Jlen hereol against the ofalms of al!persons and parNes .
<br /> r,.•.. .. .,
<br />' ���'�:`��� wh�msoever.Tiustor,at its oxpense,wllt ceuse thi�Qeed ot TiuBt.and each emendmeni or supplement hereto,to be Nled and
<br /> ' '��';"`�y .��'�, recoided as a mo a e of the 7ruat Pro fn sce�h unanne►end!n such place end wlll tske such acNon es!n the oplMon of Tiustee
<br />,,,,� ��.;,r,:,.. ,, . ►�9 8 PenY
<br /> .. . • �c�.�::�•, . may be requlred by eny p►eseM or luiwe lawln order ta peAeot,metntain and protect the Ilen of thls Deed of Tiust,es the same may
<br />':'�;�: ���t'� ? �`���'���� � be emended o►supplomented lrom Nrsra to Umo.Tiastar wi!►make such/u►the�assmanae or essuiertces M peitect Ita t�tle to the Trust
<br />- ,.�„�,, Pioperty ea may be requlred by Benefldary.Trvatai hdreby iellnqulshes ap dght ot dower aod homesteadln snd to the Tiust Pi+opsriy.
<br /> ��,.,,;�;a�: , 2. Payment of Indebtedness.Tiostor shefl punatuolry pey fha pNncipal ol and inierest on the/ndebtednesa secmed hereby.
<br /> ����;".�,: 3. Consb�ucNon o►lrrrprovements,Tiusior shsll compiete in good end workmenllke manner any bu(!dlrrgs,lmprovemenis o�repalrs re/effng
<br /> ;;t,,F;;;�` thereto whkh may be begun on the Trusr Propo�ty cr conternplsted by the loan evldenced by the Note secured bereby,to pay when ,�-
<br /> �}�.,,� ' due a!/costs end IlabUitlea lncumad therefore,and not b permlt any constructlon llen agalnst such Trast Properry.In tha event
<br /> � ��� � . �'�,,;;;; consbuoBon of bulldings,lmprovenrents or rep�lra sre contompleted,Tiastor elso agreea,enyd►!ng!n th/s Desd of Tiusi to the contra►y
<br /> � • 11� noiwithsta�►ding;(a)to promptly commence eny suoh work and to complete the proposed Impr+nvements prcmptly,(b)to complete the
<br /> ; ��y�A, �_ "� � same in accoNance wltb the plans and specHicaddns as npproved by BeneNclary,(c)m comply wlth al1 the tenns o/a bullding loan
<br /> ; i�_:,;;;. ,. agreemant,N any,betrveen Trustor end BeneNClary,thd ta►ma o/whkh are(ncor,porated hereln by reference and made a pe►t hereol,
<br /> �, ';%.s��1; . (d)M allow Be►reBolay to lnspest tho Trust Propo�ty at ap Umes during construcflon,end(e)to iepiace any�vark o�ma2edals
<br />,�,.� ' ;i';;':�f.;.` unsatlsfaciory ro Benepclary wlthln Hheert(18)days a1te�writte►�nodce hom BeneNclary ot such lact.
<br /> _+:S�:i?.�..
<br />��;:'� ,;. „� �;;,��:�,, 4. Wnds for Payment of Charges.Syb/est¢o spplleable!aw or to a►v�lttan walver by BeneNclary,Tiustor shall pay to Benefir,lary on the
<br />'� "�'� Brst day of eacA morah,or such other date each month as may bo speClNed by BeneNciary,untll the lndebtedness Is pald!n lull,a sam
<br /> ;��'.: .
<br /> �� ;^''``� • ° (heislnalter called Me"Funds')equai to 1 i12th o1 the y�ady taxes anc'assesamants whfch may ettaln p�lariry over thls Cleed ol Trost ,
<br /> �>i'�''� end round rents on the Tast Pro e I/an lus t�78th oi the ar! iemlum Instsllments Mr hazerd Jnsurance, lus 1�12th o/the '•`�
<br /> � ' e� remium fnstallments for mo a�e!n u ence,il an el!as easonab esUmated lnft/ell and from time to time b 8enelicla o» It`��
<br /> . 1 ' Y Y P K9 9 Y• ►Y Y Y ►Y
<br /> �: ' .�' � • � the basis o/essessmenis and bJfla anai reasonabla esNvnates the�eot The Funds shaU be held ln an lnstfiuUon,the depostts or I
<br /> i , . % accounts o/whtch ere insured o�gm�ranfeed by a 1ede�nl or stete egency Including BeneNclary.BeneNc/sry shall epply the Fu»ds to f
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<br /> .;. � • Mar stnu auva,assvs.srnCraa,nwwtara,a praimunw aiw yiw�iu rv��w.ow��war�orran nvi w�oyvuw w Na� .waav.a�.�.,..o.vu.w
<br /> . � , �, eamings on the Funds.BaneNctary sha�l givo to Tnistar,wRhout cherge,en annual accoundng o/the Funds showing credtt�and }
<br /> � dobKs to the Fuads and the puipose tor which esah doblt to the Funds wes made.The Funds are pledged as addltlonel sscudty for
<br /> the lndebtedness secured by thla Daed oi Tiust U Pho amount ol the Funds held by Seneflclery,rogether wlth the luture monthly
<br /> `'� � . ' lnstellmants oi Fanda peyeble pdor to the due det�s of taxes.assessments,insurance premlums and ground rents,shel!exceed dre `
<br /> . ,� emount required ro pey seid texes,essessmenis,Inau�unce p�emlums and graund rents es they tall due.such excess shalt be,et
<br /> ' � , ° Tiusrof's optlon,elther prompdy iepeld fo Tiustor o�crbdited to Tiusror ega/nst luture monihly Instellments ol Funds.Jf the amount of �
<br /> the Funds he/d by BeneNclary shall rtot be sul�ctont to pay taxes,assessrrrents,Insu�enco premlums and ground rents as they ta0 due. '
<br /> ' � �rusror shell pay to Beneticfery eny amount n�cessary ta make up the deNciency wlthln thfrty days Irom the date notice!s mafled by '
<br /> Benefidary M Trustor reqeestlng pQymenf thereot. Upan payment In lull ol al!Indebtedness,Benelic►ary sha►!promptly relund to �
<br /> � �irlstor any Furtda held by Beneffolary.!I the Tiusr Prapeny Is sofd ander the power o/saJe or the Trust Properry!s othe►wlse acqulred
<br /> by Benelidary,BeneNcisry shalJ apply,lmmodfr,itte.y pNo�to fhe s81e o/the Trust Properry or its acqulsitlon by BeneRciary,any Funds �
<br /> � +• �� ' hold by BeneNCfary at the dme of�ppllcatiat es a crerllt against the lndebtedness.ll BeneNclary executes a wntten welver of Tiustor's �
<br /> .� � „ , obliga8ons unde�this paragraph 4,Trvsbr covanants end egrees to pay,before the same become delinquent,el!texes,assessments, �
<br /> � , �r��eryrares ikoaeuaonN� Ii
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