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<br />- . `°� � � ' TH#�TFiUST DEED,tn�s tt�s �p+ day ot._ Nuvember �g Ja�es A Smith `��``� . '�`��
<br />-_ ` ,`' � � aad Che 1 t I�.ESmitS, Hueband an�i t��fe es Joint Teitaute s �� .-��`"..°..�Y and among • � .. . -
<br /> — `< . , . � , wAOSe mau'u�adQrsas is � -
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<br /> _ • . . i�►aota'TrWtor"j:nrtd116��I�El.whasamailtngaddtes9t3P.O.Box487 WoodRivBr,{�te�2s[ca68883.11►9retn`TruStes.�•2nd•�Beneficiary�$ � . . •
<br />_ . FOR VQlUA9tE C�H51G&IITIGH.incJuding tl�e eide6te8nass ir�der+t�ed t�tsein a�the tnm herein creoted.the retetat of which is hereby '. .
<br />_ ' . . .. adcrtowtt6$ed.Tnrstnr iRevoc�ity�ts.tr�sfers.eameys,ana ossigrts ta TruFtcs.EN tRUST.WiTH PONIFR Of SAIF.t�the hr�!'q arid . . � i-
<br /> - . � aecarify of 6es��cicry,ur�der m�sutiicet to tRe tErms m�eoaditions af this Deed of Yrust,tt�a reat pmperty desm'bed as follows: , � �-
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<br /> ` `� .,P�2 OF Lota One (1)� Tbro(2) and `i'hree (3) im Block "S", Mac Coll & Leflang's Second �
<br /> �`'. , � Add�tion to jJond River; Hall Count�r, PJebraska, aad more gartiaularl,y descrihed as ��._ __
<br /> Po2�oHSa . _
<br /> �' � �,- Comaencfng at the Northweat corner oP Lot One (1) and running Southerly along tBe � �
<br /> . . , . - . West bouttdery line of Loto dr�e (1), Two (2) and Three (3), a distance oP One Hundred � � -
<br /> _ . ,- _ ' � . � Tarenty Faet (720�); thence riuinirig Easterly and paralZel to the South boundary line .� °� _ .�_ . . . =
<br /> • of Lot Three (3), B d3etance of Eighty Feet (�0�); thence rurming Northerly snd - . " i.
<br /> - ' • pargllel to the E�st boun3ary ].iue of Lots One (1�, 24sro (2) and Thres (31� a diatance ' � �
<br /> ��.� . � of One Hundred Traenty Feet (120�)j tbence Yleaterly along the ftorth bonndary line oP ` � . ,. •
<br /> ° , ° . Lot Oue f1)s a diotance oY Eight�rFeet (8Q�) to the place oY be�nnirg. ... ,
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<br /> -. �' T06ETHER W1TH,oll rents,profits,royatties,income and other 6eneFts derived from the rea)property;e!i teoses or wbteases covering the ;:�'•
<br /> . reat praperry ar ar�y portian thereof,ncw or hereafter existing.or entered iMO,and nU rigGt,title and interest of Trustor thereunder:oli in- � . Y" �
<br /> - terests,estate or other daims,6oth in fow ond in eQuity,whict�trusfor now hos ar may hereuher acquire in the rea!properry;oli easeme�s, ' ."*�' �� ° `
<br /> . . ri g fits-o f•wuy, tertemeMS, hereditaments and appurtertontes thereof and thereto;al!oil and gos rigfits and profits,water rigfits and water ' :�'�� � . •
<br /> ; ,. . stock;aU rigM,title and interest of Trustor,now owned or hereafter atquired,in and to any Mrtd lying within theiigfit-0f-woy of orry street or '�'��+ ' •
<br /> ' � higfixray cd{'o"ming the reol praperty,mry and all buildings, fiatures,improvements,and oppurtennnces now or hereafter erected therean or �
<br /> • befonging thereto,(herein referred to as"tmprovemenY'or"Improvements"1;and any and all o�vards made tor the totcing by emirt2nt domuin • �'`Z'=� .
<br /> ': - or by acry pTOCeedirig or purchase in lieu thereof,of tfie whoEs or any port of the reai property. ' ' •'�� �
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<br /> - . - All of the forego"uig estote,praperty and interess here6y comreyed to Trostee herein eoltectiveJy referred to os the"Property". •�-�':;� ,
<br /> ' THIS OE@D OF TRUST SNAU SfCURE: ' �- ��
<br /> . . . . •• (o)The '`•:.",t�`
<br /> poyrneM of indebte�ness evi4enced by Trostar's note of even date herewith in the principoi sum of �o Thousand Five � .,,.
<br /> �iundretl dol].are attd no/100####�rs##��#####��a#�# Oollars (f 2+500.00 �, .• �" � ..
<br /> . togetfier with interest ot the rote or rates provided therein, (herei�,together with arry and all rertewais,modificotions,and extensions thereof, `��� �
<br /> : refened to as tha"Note")both rinti 1 ond interest on tfie Note be' � e�'" �,� �
<br /> . � Ga mg payabte in occordQnce witb the terms set fortb therein,reference to �"� ' '
<br /> , :' which is hereby mads,ths fmd poyment of printipol ond interest,if nof sooner poid and if no�enewols,modi�tations or e�tensiorts me rnade, �
<br /> • • due and poyabte.on Den�mha�. 1� 19�16. _, :�
<br /> � . � (b)The perfesmance of eaeh agreement cnd covenont of Trostar herein coMeined;ond � , . • Is�;
<br /> � , (c►The poy�r�t of ony sum or snrt►s af nsaneyr with interest thereon w?ricFt muy be hereafter paid or odvonced under the terms o}this Deed of �� .��;s;�••' �!;
<br /> _`,, >. . Trust. . �y��_
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<br /> (d)The payment of future advonces necessa to rarect the securi or an fut�re mivance mode at fhe o tan of the ar�iPS;ond - ���
<br /> .,�;�;;':: � . . mtY ry B tY Y P� D ��•lr:. � ~� �•-
<br /> =�',''' • (e)The perfarmunce of an obligation o}ony other persrcvr�med in this Trost Oeed to e be�eficiary. �. °���;'
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<br /> TO PROTECT?HE SKIJRITY OF THfS OFED OF TRUST,TRUSTaR NEREBY CQVENAMS AtuD AGREES AS iOLlOW3r. � � �,
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<br /> • - � 1.P��et o�P�Tnd�l�fnt�»st.TRCStcr shall promptty poy vA►en di�the principal of ond interest on tha indebtedness evidented by the � � , �
<br /> '• �',� ' •;��`'� • Note,and etl otfier tharges and fees os pre�ai;ed in f`2 Pi�f�,ond the principol of ond'c:terest on ony Fufure Advonces secured by this Oeed of
<br />-.�'1.�,;�� � • PruSf. � � .
<br /> '�`"''' . 2.1►ar�o!THii.Trustor is towtutly sei:ed and pos:�ssed of gaod and indefeosit"a title and estute to the Pro
<br />-;;t`.�:'• .. � . perty he�eby wnveyed and
<br /> • • t:as the right to grant mid carney the Property;the�Property is free ond clem of all liens and ertcumbronces except liens rtow of record;and .
<br /> ; � Trustar will wanont rn�d defend the title to the Property a�oinst all cloims ar,a demonds. • . �" '
<br /> . ' . 3•Mi�he�a�s1 G�l�q�itti lawa:Trustar shall k�ep the Prayerty in gnod tandition and repair tmd shall rtot commit woste or pennit
<br /> ,�,��.� .. �rnpairmenf or deteriorotion of the Property an4 shu(1 com�`�,�th the provision's cf arty(r:us�if this Qeed of Trust is on u�sahotd.No improve- � •
<br /> .,'�� �' meM now or hereo Rer erected upon the Property sho11 L•e cttered,removed or de�cl+JTed without the prior xrritten torrs�nt of Benefitiory. .
<br /> - . . Trustor sholl tampty with nll taws,ordinances,reguiotions,tovenunts,condifiorts or�d resrrinions oNetting the Property and rtflt torturrit,suffer, � - "
<br /> - � : ' or permA ony oet to be done in or uDon th3 P�erty in violation of any t�w,ordinac�ce,regu!otion,covenont,eonditaon or restricticre.Trustar � ' �`�`*
<br /> sho11 campiete or restore promptly ond in gr,�d workmonlike manner ony�ravement n�the Property which mey be damoged or destrayed ond � .
<br />= pay,xfien due,atl ctai.�s tor tobor perfom�'arb materiots furnished therefore and tor cr�otteratiens thereof. � �
<br /> . . � " 4. Uuw�eu.Trustar,at its expense,will maintain with insuron upproved Dy Qeneficiary,insuronce with respec4 to the Improvements ond � �
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<br /> . � . persmml propc»y,constituting the P�operty,ogoinst loss by fire,ligfitning,tomodo,ond other perils and hpzards tove,reA by standord e�tenAed � `
<br /> .; � toverage endorsemont,in an amount equol to at least one hundred pertent of the full re{dncement vnfue thereai mid insurance against sutb ` j
<br /> . . . , , , other h�ards and in such emouMs as ts custamorily ecrried by owners and operatars of simulm properties or as BeneRcicry mny repuire for iss ` �
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<br /> . protettion.Trustor vlill comply with such otherrequirements as Bertaficiery may from tims to time�equest for�he protQStion by insurance ot the �
<br /> interests of the respettiva parties.All insura�ce policies maintained pursuant to this Deed of Trust sha11 neme trustor and Ber�eficiery as in• •
<br /> � ;i �� . sureds,as their respective interesh may�peor,ertd provide thnt there shu116s no cancellotian or modific�ion withaut no less than t S doys � . �.
<br /> � , � prinr xrritten rtotifitotion to Berreficiory. In the event ony policy heteunder is nnt renewed on ar 6efare 15 d s rior to its e '
<br /> oy p' xpiration dale,
<br /> Beneficiary moy proture such insurante in attorQance wi4h the provisions of paragraph 7 hereol.Trustor shatl de(iver to Beneficiary the originul ' �
<br /> . . � polities o!insura�ce and renewuls thereoi or memo topies of such policies ane renewats thereaf.Failure to furnisb such insurante by Trustor,or "
<br /> . � � � renewats as required hereunder shatl,at the optionof Beneficiory,canstitutea�fauN. ' ` • • _�
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