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<br /> --., UEED OF �RUS? f "�'�
<br /> ..�.r�"L�t�ar`�..�r3,L1�'� �.".', ,"�.'_. .
<br /> ��>m `6�%'r '1�1.,
<br /> -�� � THSSl1£EDOF TRUST ts mad� th1s� day of�+gusl� 1 94. by and bete+ec+n dEAN ANN SpIEMS, a elnqlo ��'� —
<br /> -� .,r•_ - .nv.
<br /> , � ;�i �;,�t purson, hereinaftar roforred to ns °truator , ahose rt�allYnp uddrosa 1a 6751 Hoat Schultz Rd, Alda. Nobraska a. �:� ;5��� -
<br /> '�„r�y;,�! �*�j'�? G0810{ ARTNUR C. W1YER, herAlnaftor callod °irustao". wl�so mailing addros� ie{ P.O. Box 2300, Grand Ialnnd, :- --
<br /> �, ��F {<" �` Nnbrask� GB802� end ROOERT L. BOEKA, herotnaftor reforrcd to as "Buneficiary", Nhose ma111rq addrass is lOM1 ;,���<<r.-,,__ __
<br /> ,w "-�� ��' W. 21st, Grand Ial�nd� Nobraska 68801. i' ' ' _
<br /> n t y.� � . . J t _
<br /> "�,'r � '�' FOR YALUAOL@ OOtJSIDERATIOU. includinfl tha lndobtednoss 1dnnCtficd horoin and thu trust Y�oroln ,, � _ _
<br /> �..��r!f�.�,�� � croatc�d, tho receipt of which in hc�roby ackrw�ledgnd. Truator hmnby Irrovoeably grants, transfors, eonvoys _
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<br /> -=--�;�� • J..t anA asstgns co Trustce, IN TRUST. WI1N P4HER O F S A L E, for t h o b ano f i t s a n d s e c u r i t y o f B e n a f i e i er y, undar •.�`���:�-_
<br /> �.'�'�" ��+'� � csnd �ub,�ect to tho turms and conditions horoinaftor sot forth, tho roa1 proporty doscribcsd as fol lorrst +��
<br /> � :., ��`,"��on-
<br />_ .,�,�• `t-. �:�vh.�,x�,,��_
<br />'``�s: '•�:��':` �, •',i A traet of land camprising tho Norkh�s50.00 feoE of the GorthHOSt Quartor (NWl/4) of , �...•�,»:,�•.:_
<br /> -=�`��:`�;s;•y.°=,��`��'=,1. Sectton 29, Tornship 10 North, Rengo 10 Wo3t of tho 6th P.��., Na11 County, Nobraska, said ^,�_t`.�"-
<br /> �"���S,t;.`..���"• tract beiny moro particularly doscrlbed aa fol lo++s: .*}-.::-.�--
<br /> =���::,-�� r BEGINNING at tho Northwest wrner of said fI4� 1/4i thenco runnlrq on an assumed bearing of %�����!w^'
<br />__h'.- v�Jy� p,c.:�.;.
<br /> ':.t,�'m.._.-�•; .. •,.�..i N 50' Od°00°E on tha Rorth lins of ea�d NHl/4 for a dtstenca of 2641.38 feat to tho •.-�-- , _
<br /> _,_���,r�.,�•r Northoast oornor �horcof: thsnco S 00° 12'Zl`W on tho EasE 11nn of satd NWl/4 for 550.00 �,�`,�V�r_
<br /> -�i<�•+.'� .'.i,,. foc�tt thenu� S 90 00 00°W parallol with tho North ltne of seid NWl/4 for 2E42.40 fcut to a _— -
<br /> poinE on tho Host 11no of sald MNi/4� thonco N 00' 16' 42°E on tho Wost 71nn of snld NW1/4 =�.-�v7[F��_
<br />.. :ti.,:_'.___ ;,;. ' for SSi0.00 feot to tho POINT Of BEGINNIIlG, snid traet contnlninp 33.357 ar.ros moro or loss •� '���
<br />'��tirc.q e�,..,.. ,y,•� . Q{.:.if�1l,==�
<br /> ;a:• • �•r.� tho Mosturly and Northuriy 33.00 fcot tharcof boing Hall County road r�ght-of-Nay. ___
<br /> .*r..a-.�---
<br /> � . . � ' -�+Ft.�..
<br /> .t:-..+�.:. .. ...- ' ..,,• �� �
<br />` ' '' iOGETHER NITH, all ronts, A�fits, royalttos, incorno, and othor benofits dorlvod fran tha Property „ ��"` _
<br /> :,,-;_i
<br /> .:i;.; : n . •.•r:---'-
<br /> , (cullnctivoly tho"rants")i a11 lcasos or sublcasos �rovQring tho Proporty or any portlon thareof now or
<br /> •• � horeaftc�r existing or antored 1nto, end all right, title and intorc�st of Trustor 1n and to an estatn, or .• �>.�����
<br /> r
<br /> ' otfwr claims, both �n la,+ and in equtty. wMch Trustor now has or may hereaftor acquiro in tho Proportyi all � •`� -��
<br /> - �� nasert;onts, rtghts-of-ray, tcnements horedltane�t and appurtonance�s thoreof and theroto= all riqht, titlo and `� .�!-
<br />. ' intorost of Trustor. na+oNnad or hnreafter aequired, in nnd to any land lying �1tMn tho right-of-Way of •�
<br /> � �" artv streot or highMay ad,�oining tho proparty; a��d any:and nll buildinps and improvements located or
<br /> _;� .,.- . .._� .. ti..�.. e►LenlvnnnFC anrs lanrwC; .,
<br /> ' ` ` hnroinaftererected on tlw property tnciutiing. DUG nuc �un�ocv Lv� e� .....+�Y�� -�.--...�-.__, -���
<br /> - ' equipment macMnory and other articlns attach�ed to such butidings and improve+nonts (tho "Improvaments")t nll �� .
<br /> . � tho ostato. intcrost. right, titln� other ala 3m, or danands Nhich Trustor nor has or m�y heroinaftor acquira f, �,
<br /> � in tha Proporty: and any and all Awards n4ido for tho taking by eminent danatn, or by any prnceeding of ; ,-. st
<br /> " purchase in licu thoreof, of tho wFale or aqy Da� of the Trust Estato. ' g,s'i?�; t
<br /> . Tho�nt1ro �staW, prope�ty, and intarest horeby eonvoyed to Tnistea nay hor�eaftor be roferred to as " �'�'���� �
<br /> ., tho "Ttust Esteto". f'�r�!`i
<br /> ° FOR TNE PURPOSE OF SEWRINGi �,;�' . F'�! .:`
<br /> - :W�.
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<br /> '� '" `' ' • e, Paymnnt of lndtsbtedness 1n tho tatsl pNncipal nnaunt of FIFTY THOUSAND ANO NO/100 DOLLARS „ ,.��
<br /> � � '� (�50,000.00) wtth lntornst thoreon, avldanced by that cnrtain pranissory noto of oven dato horawith (tho , �;�t�
<br /> �1^ . "Noto") .+tih a maturity uat� of Hureh 1, 7995. executed by Tn�stor, whlch hns be.wn doltvered und is payablo i•y
<br /> ,.,.�_ �•.:•,.,,�_, to tha ordar of Benoftclary, nnd wMeh by this reforenco is Fwroby madQ a part Fwraof, and any and all , �.
<br /> ' � modificatlons, extensinns, und ronovals tharaof; and �• ' � `` ''�
<br /> ,,...•,. .�] .:..-. .i�� " � .. -�..-�
<br /> �rr�r,..� ,: .,._, - ._.
<br /> ___ ,,,,r.,_,_.,,,,,;,..,,tiY b. Ppymont of all su�ns advanced hy 8ennficiary to protect the 7rust Estato wlth lntarest thoreon � ;.j� �..
<br /> ''� at tho rato of Fourtenn porcont (1 A1) pnr nnnum. �"
<br /> ,. , �
<br /> ;;s:'` , � TMa Docd of Trust, thn NoW. and any ottwr lnstrurt�nt givos tho ovtdenco or furthor securos tho �y::
<br /> , �ayment and Fe�forn�anw of any obltqation secured, hereby may horeaftor bo roforred to eollocttvaly ao tho
<br /> �i
<br /> . 'Loan Instnurants' ,Y'"
<br /> . -•'•�' Trustor agrees: '" '• w� • C;
<br /> _-�;; • ,, . �S
<br /> .,,,,;.-- 1. Pay�rant of Obliaatton. To pay r+hen dun, tha pHnclpal of, and thn intorest thereon, tho - _
<br /> • indebtednass evidonead by tho Noto and eharq�s, feos. and all othor sums as provtded in the Loan I
<br /> :'�r Instrun�onts.
<br /> �`_�:. �
<br />=y;�� • 2_ MatntQnaneo and Comp7lanco with la�s. To kcep thu Tru�t Estato 7n good crondttion and rnpuir;
<br />' � not to rcKnwc3� dmio7lsh or substantinlly ahc3r(except such a7Wratione as m�y be required by lars,
<br /> � ordlnancc+s or regulations) ony of Lho Irnprovc�nents� to promDtlY restoro 1n a gaod ard workmanitko mannor nll
<br /> �� claims for la6or porfornied n�d matoriuls furnishad therefori to canply rlth all lnvs, ordinancos,
<br /> ' regulations, oovunants, eonditions, and rest�•icttons now or horeafter affecttng tha Trust Estato or any part
<br />= theroof or requtring any niterations or improvemonts� not to ca�mit, suffer, or permtt any act to be dono in
<br /> or upon tho Trust Estatu 1n vlolotton of any laN, ordinancb or regulat5oni and to pay and promptly dtschargo
<br />-- ' at 7rustor's cost and oxponso all Hons. oncumbrancus, und ehargos lovied, tmposed, or assossed against thu �.
<br /> Trust EstaW or any part thereof.
<br />�" ' I
<br />� 3. Requtred Insuranco. To nt nl� t imos provtdo, matntntn, and kee� in forca, firo nnd extended I .
<br /> ' covorago insuranco agalnsL toss or damago to tho Improvcrnonts tn an amour.t not loss than nlnnty porcent � .
<br />� (90�) of tho tnsurablu valuo thorcof, and in m ovont loss than th¢ amount of tho unpald princlpal baluneu
<br /> of tho Noto. Such insurnnrn polic�es shall contain o sLnndard mortgago clauso 7n fovor of tho 8onoftctnry i
<br /> �' nnd shatt not be canoolablo, modifiablo, or fierminablo without fourtcsan (14) days prior rritten notiw to I '
<br />�.. �
<br />-- -- -------'--' . ...._.._.__.. �_.,�_...._..s e....i.�.,...�a.,ro aiut] ho orovtded to &trwficlary by Trustor upon Benoftciary's �_
<br />_ �_ . , ___..—� srcv omm. ��ia.,�. ...�........� ... ___.. ...__.- -- . --- ..
<br />" . ..., requast. '—
<br /> t •'
<br />� AfWr thn oxurebnee of nny casunity to tha TrusL Estato or any part thereof, Trustor shall givn �
<br />� prpnpL wrltten notico thantof to 8ennficiary. In tho ovont of nny domaqa or dostructton of the ,
<br />� � Imprwem�nts, Ifenafictary shoil havo the option tn its sola discrmtion of npplytng ull or part of tho
<br />� �
<br />;,, lnsurn��cct pra:eada (1) to nny indablcKlnoss scc+.r*3d hnroby nnd tn such ordor a3 Benaficlury may datermino, or `
<br />� (71) to Cho �esSoration of Lho Improvementa, o� (tit) to Trustor. �I
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