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<br />- '. :,` .�:'�� � • atslig��ions ta tJie Trustor thun d mort�agc ia t?ie event o4 rlefaulL ar bresc�i af 9bligatioa . ' --
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<br />��,. _ ,� TAIS DEED�F TRU5T is iaade aspf day of ' _19 9� • �bF `-------- -
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<br /> = , � FOA VALUABLE CONSIDERATION,Tn�.gtor irrevaceb3y transfers.conveys and assigas tfl Trustee,IN TIfUST;
<br /> ,, . WPI'H POWFR OF SALE,for the benefit and secuaity of Beneficiary,under aad sub,ject tv the tern�s aad conditions oftTus --
<br />'�°�''' � ,. � ,- .:;•; m e loeated ia the Ci of (�z+� , .Caanty of -
<br /> _ � .. �..:s, _;, Deed of Traet,the real P P rtY L7► 1— ----
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<br /> r.� � : :- . .. �. i�al7 -- -- .State of Nebras�a,and legaUy descn�ed as follows(the"Praperty"3: _ � ----
<br /> .. . ' � Iot 12, Bl�c g, O�igis�al V'�?� o� Cairo. Hall QaimtY. Ne�s1m. and. . : __-
<br /> �� . the Scud�east 4�ster (SEl/4) of S�cti.� 24 Zbumsbip 9.2 Narth. R�ng� 10, ,
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<br /> '. TOGETAEti�VtPFi,all rents,easements>aPPurtenaaces,hereditamer�ts.intereats in adm+�+�,rs�de.atreets and =;.-
<br /> . • ' alteys,improvements and buildings of any Idnd eituated thereon and,all peisonal property that aiay 6e oi liereafterbecome �,-;•..N��-�
<br /> . 1 an integral part of auch.buiIdings,and impmvements.all craps raised thereon,and all Fater rights. -u
<br /> ; ' �' The Property end the enttre estate+�nd intere�t caaveyed w the Trustee are referred to colIectively as the��t"'�z�.gt :..- _ _
<br /> .Estate". � --
<br /> "' F O I t T A E P U R P 0 8 E OF SECURING:
<br /> :., } � .' a Paymeat of iadebtnesa in the total principal amm�at of�u 56.799_A2�,cvith ip rest therean,as evideaced Dy .� .;�.-
<br /> thatoertainpromissorynoteofevendate(the'Note"lwithamaturitydateof . �''�"=�'�'°"'
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<br /> ' " eaecuted by,Trust,or,which has heea d�livered and is paqable to the o r d er o f B eneficiary,and which by thia reference is ��„w;,�K ,
<br /> • heieby made a patt hereof,and any and all modifications,estensions and renewals then,w�and • '+'�H
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<br /> • • b. Payment of all sums adnanced by Beneficiary to protect the Tru.st Estate.with interest thereon at the rate oF • ;;K:��=
<br /> - ' : •• . � 7 �tercent E 7 -_�Jc)per annum,and _ -_ _ _
<br /> ...•� � � • c. The performance of Truetora covenants and agreements. . ':��_`�'�� -
<br /> This Deed of Trust,the Note, and any other�inatrument given to evidence or further secure the payatent aad _•,-�`�-`T-°=_-_—
<br /> . . •. � ' p�aformaace of any obligation secured hereby are referrnd to collectivety as the"Loan Instraments". •.., _�'��"" _- -- -
<br /> �-`":....��;s,,,r, `;. TO PIiOTECT THE BECURITY OF THI3 DEED OF TRIIST: . .
<br /> '"{''•=�`•• 1, pAYMENP OF INDEBTE�D�,ZS3,Trustor ehall a when due the reasipal of,a+�3the interest on,the indetit�r'..�.^�ss �'•'�'�-
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<br /> . • � } ; evidenced by the Note,charges,fees sitd alt ct3ier sums as provided in tYr.e L,u�:a Instr�tnents. . . � ,.•;�`.�`
<br /> � , ' _ � p ! 2. TA7�S AND ASSESS3+lENTS.TrustGr�iall pay all taxea and spec�.sT::ssessments of every kind:.now or hereafter i , : '-�� _.•�..
<br /> d against the trust . , � ,•+.::�,-
<br /> levied' estate or any part thereof as follows: . , �_-��:
<br /> . . _ (initial one). •''�r{'�'�
<br /> " ' �_ Trustar ahall directly pag such taxes,without notice or demand as each instaUm�xtC comes due and shaU pmvide � ' ••�;�F�s?�ti�`'�. " �
<br /> " � - � the beneficiary with evidence of t�e�ayment of the same. ' ' , �"'�������• ��
<br /> - ' Truator aball pay to bene6ciary cr:c�C�eltth af the real eatate taxea each month and such other asaessments as � , • • �
<br /> ' '. ' , they become due.The oae�tweltt}i pa�.ent shail b�a�justed annusily as the taxea change and trastor egrees that . •
<br /> _� � aiter payment of the taxea each year that any deficiency vm'll be p�mpty paid to Beneficiary.Beneficiarg�e�ees . , . ...
<br /> � • a estate tases have heen sid in fi�ll and when due. � - •a;
<br /> to pmvide tniator with rec@ipts shovuing that the re 1 P � ._ _...
<br /> , �_ •. : -...',< .;. � 8. INSURANCE AND REEAI�t3. Truator ehall maintain 5re and extended coverage insurance insuring We � •
<br /> � ' ��;�'�-: , '- improvements aad buildin�s c���:t'sn�part of the Truet Estate for an amount no lesa than bhe amount of the unpaid � -: - . ,
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<br /> ;;�r.�;:~ , . psincipal balance of the Note(co-ir,s,:s�r.�er'�exceeding 84�a permitted).3uch insurance policy shall contain a atandard ,, .
<br /> � � �����y;'�; � mortgage clause in favor of Benefiaar;r��eSaail't.not be cancellable,terminable or modifiable withocr tQn(10)days prior � , .
<br /> • . . . ,.•.;t,r.:,, ,- i. �t�p notice to Beneficiary.T�vstar s�.aIl�:+:��tly repair,maintain and replace the Trust�atate or zup part thereof so i . .
<br /> ` '`��� that,exeepL for o:dinasy weaz and fr�r,the�'rust Estate shall not deteriorate.In no event ehall the Tnstor wmmit waete i �� ,
<br /> ;�•.' ..._ . : _ . oa or.to the Trust Estate. :',i;:�:
<br /> 4. ACTION8 AF'FEC1'ING TRU3T ESTATE.Tnistor shall appear in and wntest any action or p:oceeding purporting j � �� . .
<br /> � to eff'ect the security hereof orthe righte os powere of Beneficiary or Trustee,and ahall pay all wsts and expensea,including j l
<br /> � ' cost of ovidence of title and attarney'e fees,in any sur.h action or proceeding in which Beneficiary or Trustee may appear. f
<br />_ . Should Trustor fail to make sny payment or to do any acE as and in the manner provided in any of the Loan Inatruments, 4 f• ,�' � . . .
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<br /> ��� .. • ' .Benef dary endlor Truatee,each in its own discretion,�rithout obligation so w do and without notice to or demand upan � � � . ,
<br /> - •• • Tsustor sad withaut releasing Trnator from any obligation,may make or do the eame in euch manner and to such eatent 1
<br />_ � as either may deem necessary to pmtect the security hereof Tnistor shall. immedistely upoa demand tfier�etur by � ' �
<br /> �' '� � '••• ; Benefietary,Pay all coste and espensea incurred by Heaeficiary in connection with the exerrise by Beneficiary of the ; � f . . � .
<br /> . me 'efeea. '� !'
<br /> � �. ' fas8 • ri ts.inctu ' without llmitetioa aosts of evidence to titl�court caste.appraisals,surveye and atW y . •
<br /> - .- --- - � llny�su�ch aco�Le and expe�nsea not paid within ten(10/days of�vritten demand shall draw interest at the default rnte ' 1j ( •
<br /> • ! pmvided in the No;e. � (• .
<br /> 6. EMINENT DOMAIN. 3hould the Trus�Estate,or any part thereof or interest therein;be taken or damagetl by � �t t ;
<br /> , , . ; �;':. { r��asan of eay pubiic impmvetntnt or condemnaiion praceediag,or in any other manner intiuding deed in lieu of �J .
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<br /> ' Condemnation("Condemnation"),or ehould Tmstor receive any notice or other information regarding such praoeeding, j � :
<br /> � ,'• ' ent� ed to sill mpensation. warde ; `_ ; . �
<br /> �� .;`.._ ;:__._ :.. :''.•� _ i ' � ��Q�y��t,e ormrpelief theTefnr;and shelhb�e e?tit ed at its opti°a ta�rashmmence,a tlear in and msecute in Ita o��+n ;. _- -- - - --
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<br /> nrime nny dttion or pmceedinge• Benefidury a a so 6e enEitled to make any compiomise or setttement i»eattittectlon • ;� ��—
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<br /> _ ' °� ' � • wlth such taking or dam�e. All euch compenaotion,awards.damagea,rights of action and pmceeda awarded to TrusLor ,�
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