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<br /> This DEEA OF TRUST is made this 9t1�dAy of IDedenibcr, !�)y4, by nnd among PIEAL SI�➢DE�S wr�d
<br /> YSOZELLA SIDDEI3S, husbae�d nnd wiPe, hereinafter referred to as"Truetors," wlieti�er one ar morc, whase �
<br /> mailin�address is 12787 South Nebraska Highway l l.Waod Rtv�r, 1VebrASke 688�3;T�lE ST�TE HANK
<br /> O�r CAY1�0, a P1ef�r'asGca ��i��+b+�a����'R��'ng�m�, flereinntiser r��ferred eo as"TrusteE," whose mailinp�address
<br /> is Boa 42�, Cairo, Nebr�ska 68824; and THE STA'�'E BANK AF CA[ItO, A 1Vebr�s{cA Banking
<br /> Corporation. fi�reinufter raferred to as "Benef ciery," whose maiting address ia Bo: 428, Cairo, N'ebr��ka .�rt
<br /> „ ��;
<br /> 68824
<br /> For valuable consideration, Trustors irrevocably grant, transfer, co�vey and assign to Trustee, in trust,
<br /> with pawer of sale, for tlie benefit and securiry of Beneficiary,uncier and subject to the terms and conditions of ::',
<br /> �;;:;
<br /> this Deed of Trust,the follawing described real property located in HALL County, Nebraska: �k=_=
<br /> Plnt of n vact of land comprising part of Locs 1w'o(2)and'lhrcc(3),Island situmcd in iha Northtc:st Quarta(NW V4)of rection'I�'rntY(Z�). ��;_
<br /> To��nship Ninc(9)NoAh.Rangc Elcv:.n(11)Wat of thc 6th P.h1.in Hnll County,morc pulicularly dcs:tibcd oi follous: Bcpnningnt Itw ccrtc►of �.•�-_
<br /> C"i�-:rr
<br /> said Section T«rnty(2Q):thence nonherly alon�the eisl line of'said North�sest Quuter(N�y 1+4).a distnnce of Ono Hundred'I�irty Nine arsd Forty NC:Ir'"
<br /> Ona I?unc7cdSlu(139.A1)fect:tlirnco d:ilcctinS leR 49'34'39"nnd rvnning nortlixestcrly,a ditlanw of Six Hundred Sc��arty Sncen�rfd Fiftyr Seven -_
<br /> � HundrcdW(677.5�feM;thenco 71uea Hundred 7L�Rcen end FiflY Four Hundrediha(313.54)Cect:thence delleaing rigM OZ•4712"uid mmin8 _
<br /> noAhwcstcrly,a disuncc of One Hundred ToRy and tiincty Fi�•e Hw�red�hs(14n9S)fect a tho ACT11.11,plue of 6egim••ng,thenoo dctlecting leII ,.__
<br /> 78•l2'S2"and n�nning soLihwestcrly. n distanx of One Hundrcd Eighty Eight and"R�irtY Four HutvJredths(188.3M1)fcet:thtruo detloding leti �_.,,
<br /> 13'46'19"Alid NMIIlB soulMvutttly, a dixtanca of Onc Hundrcd Forty llvice ond Fifiy Sct�m Hundredttu(143.3�fec1;theneo de(ledinB�eft __-f
<br /> ' OS'35'11"and running swihwestHly, n distancc of Ei�ty Nine and Sixty Ttuce Hundredttu(R9.63)fed:thenco dcllccting rigEl 1Z'08'23•and .
<br /> mnning soinhacsterly, a distnnco of Twn HundrcA Cifty and One }iundredttu(250.01)fcct;thrnco d.flccting right 07°ty17" and nwwiR �:�•
<br /> south�vestttly,a distnnx of Five Hundred Ei�tecn und Ninoty Six Hundcedih+(518.96)&et:lhenca detltRing right 127'43U9" u�d nwrinB
<br /> northeutcdy,n distvicc of Sevcn Hundtcd'Ilurty Ninc nnd Seventy Threc Hundredths(739.73)fcct:lhencc defledin fi����a�3�� �� f �N_
<br /> nocthe.tistedy,a disumca otEi�Fit Hundred Fifty Five nnd Six Teml�v(655.6)&et.T32�from the lactudescribed urse)8�lon8 ehord disw�ea of'I��o
<br /> a wn•c wfiase md�u+ie 1,432.7 faG(the long chord of which dcileds righl --
<br /> Hundred Se�•cnry One nnd Si!cty Fi�•c Hundredths(271.65)faa ta ilu ACTUAI_P�acc of beSinnu�C�a'n'�ming 11.485 naes nwre or Ics+,togethct �
<br /> �vith tho accreauon land adjaant thcrew.ar.d subjcct to road right-of•way along the tastcrly portion thcreof, �____
<br /> together with all buildings, improvements, fixtures, streets, alleys,passageways,easements, rights, privileges and _--
<br /> ;-,.f.__:_._-_- u�g�;n�n������z?tp�thPrP�n;and all personal praperty that may be or hereafter become an integral purt of such —_.
<br /> � � buildings and improvements, all crops raised thereon, and all v�+ater rights, all of which, incluc�ing repiacemenis
<br /> � ' and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby,it being ageed
<br /> that all of the foregoin� shall be hereinaf�er refened to as the"Property." �
<br /> FOR THE PURPOSE OF SECUItING: �'
<br /> � . a. Payment of indebtedness evidenced by Trustors' note of even date herewith in the principal sum of `
<br /> • $35,A00.00, together with interest at the rate or rates provided therein, and any and all renewals, modifications
<br /> � and extensions of such note,both principal and interest on the note being payable in accordance with the terms
<br /> set forth therein,which by this reference is hereby made a part hereof;
<br /> b. The performance of each agreement and covenant of Trustors herein contained;and
<br /> � c. The payment of all sums advanced by Heneftciary under the terms of this Deed of Trust, together with
<br /> interest thereon at the rate provided in the note.
<br /> � d. The above amount is secured even though all or part of it may not yet be advance. Future advances under
<br /> the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is
<br /> ' executed. �
<br /> ' 'i'O PROTECT THE SECLIRITY OF THIS DCED OF TRUST,TRUSTORS HEREBY COVENANT AND AGREE:
<br /> 1. To pay n�hen due, the principal of, and the interest on. the indebtedness evidenced by the note. charges, fees and all other
<br /> • sums as providcci in thc loan inswments.
<br /> � 2. Trustors are thc o�vr►ers of the property and havc the right and authonty to executc this Dccd of Trust in respect to the
<br /> � � ' property.
<br /> .' 3. To pay. �vhen due. all taxes, special assessments and all other charges against the property. bcfore the same become i
<br /> delinquent. Trustors shall pa}•all tatics and asscssmcnts which may bc Icvicd upon Beneficiary•'s intcresl hcrcin or upon this Deed of ,
<br /> , Tnui or the debt secured hereb}•.���ithout regazd to any la�v that may be enacted imposing payment of the«�hole or any part thetcof ,
<br /> upon the Beneficiary. �
<br /> 4. Tu keep the improvements now or hereafter located on tt�e praperty insured against damage by fire and such other ha�ards as �
<br /> the Beneficiary may require.in amounts and compa�ues acceptable to the Beneficiary.Such insurance policy�shall contain a standard
<br /> �- - - moR�e clause tn favor of Beneficiary. Trustor shall promptl}�repair, maintain and replacc thc propem•or any pan thcrcof, so
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<br /> that,excepi for ordinacy wear and tear,the propem•snait noc de�eriora�c. '
<br /> - 5. In the e��ent the property.or am•part thercof. shall be takcn b}� cm►ncnt domain, the Benefiaary is entitled to collect and
<br /> , nxravc all c;ompcnsation which may bc paid for any property taken or for damagcs to propcm•not takcn.and thc Beneficiary shaU
<br /> • appiy such compcnsation. at its option.cithcr ro a rcducuon of thc�ndcbtcdncss sccurcd hcrcb}•.or to rcpa�r and restorc thc propcn}•
<br /> �' so taken.
<br /> � 6. The Benefic�an� ma}•. ben shall ha��c no obligat�on to, do any� act «�hich Tnistors ha��e ��greed but failed to do. and the
<br /> • � Bencfician�may� also do an}• act it dccros ncccss.h�'to proicct thc licn hcrc�f. Tnistors agrcc to rcpap. upon dcmand. an}�sums so
<br /> � . expcnded by thc Bcnefician•for ihc abo��c purposcs.and an}'sum so expendcd shall be addcd to ttic indcbtcdness sccurcd hcreb}•and
<br /> l�ecome secured by� the lien hercof. The Benefician• shall no mrur an}� liab�lin• bec:iuse of an}tlung u �nac do or oiwt to do
<br /> � hcrcundcr.
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