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<br /> �r adaiGwia�dge�.TtustOS'vr8var�4stY gmM3.tr�t154�.C�tYeys,msd assigtts t0�rustee. . . .�"�
<br /> :�w� ��'°�`� se�It�r of Bene'ftsi�Y.t�dcr m�d s�s;�ttto tt�ttrms an6 c�td'�tosss cf this DeaA of Trust,the r6a1 property des�5ed or fol.�a�rs= _ � ``�; � -
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<br /> ::. Lot Senenteen (17) Argo Third Subdivision, isl the Village of A2da, Hsl1 Connty, Nebrask�a. �.�,� =
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<br /> � ,���r `` . . TQGEiH�t WITH,aii rerris,profits.royatties,irtwme and other 6enefits deriv�from ihe real properry;aU leases or su�fe�c4vering tf�r '
<br /> '' - � �. real property or mry porticn thereof,now or hzreofter existing or emered into,orr�_eU rigfit,titta arrd interest o#Trustar thereunder,a'�r�u��' �
<br /> . terests,estate or other ctaims,both in finer and in equity,whsch Trustor now hos dr moy hereofter acquire in the reof pro�erty;al}eosemer.�s�
<br /> • .. . ' rightsof-way,tenem�nts,hereditcments and appurtenances thereof and thereso;atl ail�d.�rig4�ts arrd profits,water rights and a�gr
<br /> ' . • stock;a1i rigfit,title and interest of Tnntor,now owrted or hEreaftEr acQuirpG,�n cmd to any lurt�l�ing wdhin the rigM-of-vmyr a`�}►stre►�� �.
<br />:.. . , higAway adjoinirg tFs real property.any and all buildings.fixhues,imyrovem�tts,m�d appurt�nantes;�ow ar hereafter er�f�d fhefecta ae �_-
<br /> , � 6etonging thereto,(herein referred to as"ImprovemenY'or"tmproveme�ts");c��ofry and all awards ak�e for 4he t�icing hN t�intnt�a.^.srun
<br /> . ��j��:;.Y; ar 6y�y proceed�ag cr purd�e in lieu theteof,of the whole or arry part of the reaSyroperty .
<br /> , . . �;q�i�,:j�'�;��.r AII of t�e faregamg estote property and interast hereby corneyed ta Trustee herQin coltectivety referred to as tRe"Pro �--� �_-
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<br /> . ��� `,���ti � � � TH{SD�OFTRUSTSHALLSECURE: Fift f i� Thousand v��:
<br /> �- � • ' (n)The paymeM of indebtedness evidenced by Trustor's nute of even date herewith in the prinei�at sum of �" �==
<br /> • • dollare and no�100�+###�##++#�st+s�����et���ss �ollars (f�.sflCr4.b0 ), �'_
<br />';.; � .���� � together xnth interest at the rate ar ratos provided therein,(herein,together witfi mry and oti�eRewots,mod'�f'ications,and extensions fi►areof, �—
<br /> _ .:;.,;� . . . refeRed to as tha"Note")both principol and irrterest on the Note beirg pcyahle in accordartce with the terms sot iarth therein,.reference to ��s
<br /> `�- � ' . . . whith is h�eby made,the firal payrt�eM of printipat and IMerest,if not sooner paid and if no res��rals,modifitations or e�te�ians ore made. —
<br />- " � ' �• dua mid payabfe on_ t�av 15. 1995 ----
<br /> �� �� ' (b)The perEormance of each agreement and coveRmet of Trust�r herein caMeirted;and _ —
<br />_,� ` . .. ' , (c)The paymertt of mry sum or sums of money wrth inferest thereon which may 6e hereofter paid or advanced under the tertns of this Dee��a� �' e_
<br /> �� .. . Trust. " � - -
<br /> � ' � . (d)The payment of arty tuture advantes necessflry to proted the security or any tuture advance made at the oation of the paAios;cnd � �
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<br /> " (e)The perfonnnrtce of an obligation of cny other persan mm�ed in this T�st Oesd to o beneficimy. � . '��'
<br /> � � . TO PROTECT TNE SECURIiY OF THIS�fEO OF TRUST,TRUAOR NERfBY COY@lANTS QNO AGREES AS iOIIOWS: �� �
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<br /> _ . 1,►apal of hi�e�l�a1[aftnsl.trustor shall premptty poy when due the principal of and interest on the i�ebtedness evidencea by tis�
<br />-�.="��t' ' � � Note,and atl other ct�ges and fees as provided in the Note,and the principa!of artd interest on ony Future�ldvances secured by this Oeed of • ..��;�", , ;.
<br /> _ . . Trost. , � . ' _ -� _
<br /> � .�•• 4.�Cramt d TitN.Trustnr is Inwfulty seited an4 possessed af�:ad as�d indefeasible tit�a arr�estate to the PropertX hereJy canveyed and � . --
<br />" �` ° � has the right to grrn�t and tanvey the Pro�erty;the Praperty is free and clear of oll liens and er:cumbrances except liens now of record;and � ' _
<br />- . ,, .�� ° Trunor wf;l w�arrt a�d defend,the title to the Property ar,ainst ap ctaims mtd d�finnds. �'•• -
<br /> , ; '' 3.Aiitwa�e��1 G�a�it1i tn�.Trustor st�oll keep tha Property in gaa�condition and repair and shall not comm;t xroste or permit '�;; � � • -
<br /> � irttp�r:,ent or dettriaration of the Praperry ar�d shall eampiy witA tit��rovisians of arty lease if this Deed of Trust is on o Iea�cid.Mo improve• +.� � . � •
<br /> �•• . ' ' .'. , meml r.�cw or herenfter erected upon tha Praperty shefl be atterc�,removed or demo6shed withouf the priar xrritten consert of Beneficiary.
<br /> _•,.�. . , : Trustar sha11 tompty with o0laws,anfinences,regulotians.covenants,wnd'rtions end restrictians uffecting the ProQerty and not commit,suffer, . . :
<br /> �. � or permlt mry act to bs dana in ar upon the Property in violation of m►y taw,ordinartce,regulotion,covenant,candition or restrictian.Trustar
<br /> ' shatl wmp►ete ar restare promptty and in good woricmanfike manne�ary improvemeM on the Praperty which may be damaged or destroyed and �
<br />__� �� �.� . �, ' . �� pny,when due,ntl clnims far la6ar perfamred and materiois fumished therefore and tur a�y ulterations thereof. .
<br /> . � 4. I�a.TNnor,at its oxpense,will maintci»with insurors aAproved by Beneficiary,insurance with�espect to the Improvements and •
<br /> � personal property,canztitutinc�tha Vroparty,against toss by fcre,l'n,�ming,tomado,and other perils and h�aras covered by standard extendeA �
<br /> i`: • . � � coverage endarsement,in an amount equol to at leost ene himdred percent of the ful!reptacerrtent vatue thereof and insuraxe agcinst such � � �
<br /> ,.�. other'h�Crds and in suctl amourts as is customcrily stmied 6y owners aM ope�atars of simufar praperties ar as Bene�ciury moy require tor its , .�:
<br /> • protettian.Trustor wil)tanq�fy with such other requiremertts as Beneficiery may from time to time reqttest tar the protection by insurance of the . •
<br />— , � irtterests of the respective parties.AlI insur�ce policies mai�ained pursuartt to this Oeed of Trust sf�oll mm�e Trostor and Beneficiary as�n-. �
<br /> • suteds,as their�espettive interests may appear,and ptavide that there shall bo no tantel�fltion or modification withaut no less than 1 S days •
<br /> �� • � prior written notification to Benefieiury.tn the event any poliry hEreunder is rtot renswed an ar 6efare 15 Qnys prior to its expirotian date, , ' '� . ,
<br /> �: ' ' • , Benefitiary may Rmcura such insurance in aaardance with tha provisions of para�apb 7 hereaf.Trustar sfia11 deliver to Qenefitiury the originnl '
<br /> ...-� "-- -. , ,— --,_ policies of inurtartee m�d renexra{s thcredf ar msmn ca�ies af surh po�icies m�d reaewals thensof.Failure tofumish wch insuronce bY Tn+stor.or °
<br /> � � , renewafs as re�ired hereunder shall,ot the optiar�of Qeneficiary,eanstitute o defautt. . �
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