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<br /> igEED OF-'�'RUST ���
<br /> �_: . ��: . .� ' . ` . , _-�� y���.
<br /> � � � � �'[iis DEED OF TRUST is made tbis 6tt� day of H?ecember, 1994, by and among ytA►f.PH F.�. };�;� '�-�` -
<br /> ..�. _' .`..'r::�.t.'<
<br /> ���,. ,�<.�-,. . . � �: gAR�ER a�nd dOYCE M.HARD�flms ban d aa d wife,hereinafter referred to as"Trastora,'•c�ether Qne :��+���,-„�
<br /> � : '� - : � , os more� whose mai3ing address is Rflu4e 2 Bog Z2, Bnei�, 1ltebrast�a 6882d• T�E g'TATE Y3�t?F � �-
<br /> � '°' CAIItO, a 1dIe6raska Ba��g Cor�oratioa, hereina�er seferred to as"Traste��• whose mailing address is �:. ;,`,� -
<br /> Boa 428,C�iro,Nebrasga 6SSZ�b;and THE S�'A'I�H�NK O�CAHRA,a N��rasi�a��Idm�Carparati�q �`� � �� —
<br /> - _ -- hereaaafter re1:'erred to as"B�neficiary,"whoss ma.iTmg address is Boz 428,Ca�,lii��h�8�83�1. �,;z,,� �� � _
<br /> " . ':�� F,or vaivable coasideration,Tnisw�i�voc�T¢�r grant,�r,convey and assi�t� Tnistee, in tcust, �� _
<br /> � �.-���,i�.�f _—
<br /> .'`k• '�i'.,.'; . _
<br /> � ' with power of sat�,for tfie benefit and secu�sty of Bene�iary,under and subject to the t�-�rid conditaons af �;��1�' _=_ -
<br /> �r, ;: . � tlus De�of Tn�st,ths foIlawing descn�ed real praPea'tY tur.ated in HALL Caunty,Nebraska: �'. --
<br /> �.�--f a.=:— --
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<br />`�U�,�� :. :� � The Narth Oa�-�la{f(N 1/2)af the Southeast Quarter{SE 1/4)and the Soutb O�ae-Half(S 1/2)�f , --
<br /> �� " ~ � . � . the Northeast Quarter(NE 1/4)both in Section Thirteen (13), Townsbip Twelve (12) Nortb, __-_ ---
<br /> f`.� . � � ... Ra�sge Twelve(I2),West of the 6t�t P.M.,in Hatl County,lVebraska, --°_=—
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<br /> k � .. .together with al!buildings.improvements,fixtures,streets,�tleys,passageways,essements,rights,privileges and
<br /> �* `� � �pPuttenances tocated thereAn.and alt personal property that may be ar hereaRer become an irte8ral part of such .
<br /> {��� �� ' � bttildings and improvemerits,all crops raised thereon, tind all water ei,ghts,�all of whic�, including reptacemem5 _ _ -
<br />..'.." - -1 '.'•' ' ' ' .
<br /> � . "". .' .. �, ' .
<br /> .-.._ . - -�-ati�additians�thereto;�re hereby�declared�to be�a part of.the.real.estate conveyed in vust her�by,rt 6e'm8 agr-- --
<br /> '' . that sU of the foregoing shaU be hereinafter referred to as the"Propert�,r." � ��
<br /> _ ....... .. -.._ FOR THE PtJRPUSE OF SECURII�IG: �_.
<br /> . . .. �'.o�: . - -. _ _ --
<br /> . . �=
<br /> � . � : a. Payment of indebtedness evidenced bY Tnistors' note of even date herewith in the principal sum of �� :..., -
<br /> �--�
<br /> . ' ' � $57,600.OQ together with interest at the rate or rates provided therean, and any and all renewals,madifications �
<br /> � � � � •� and extensions of such note,both principal and interest on the note being payable in acca�dance witb the ternis �.-�-�
<br /> . .. �,�'�;
<br /> .�. . �set forth therein,which by this reference is hereby made a part hereo� ' � :td,;;.-.
<br /> b. The perfomnanee flf each eement aad covenant of Trustors herein coatained;and - '.� _
<br /> • „ �` . c. T�e payment of all sums�vanced by Beneficiary under the terms of this Deed a�Trust, to�ether witb �=�'�;•,;=
<br /> �� ' interest thereon at th�rate provided in the nnte: . _ ���� �"
<br />. ' l '�iy
<br /> � � � �•,- d. The above ainount is secured even though all or part of it may not yet be advance.Future advaaces under . y, ,; ��
<br /> " � • . the agreemeat are contemplated and will be secwed to the saane extent as if made on tlne date this deed of trust is _
<br /> , .. '.
<br /> . � ' . . executed. . .�`
<br /> - � , ' ,r�_-.,> . �.' • Tm pROTE(.°P TBE SECURiTY OF TA�S DEED OF TRIIST,TRIISTOAS eEREHY COV�i1�.YT AND AGREE: -_= ��.��
<br /> ---�-�':::_�n--ts- _�-;'s`,�.�— -
<br /> . .V,�•, •
<br /> . . . ' � 1. To pay when due.the principal b�and tl��.interest on.the indebiedness evidenced by the note.c�:arges,f�s aad all oWer '. .R--�
<br /> �t� —
<br /> � � ' � sams as prov��ed in t�loan instcu�ments. ��`���
<br /> -..� '. .,�,,.;��., ,`, • Z. T�ustors sue the a�+ners of the pr�p�Y and l�ave the right aad authority to execute this Deed of Tmst in res�yect to the • �,;9-�,.._..=_ ,�.
<br /> . � �� _—
<br /> �-' ' . � ..� . P��P�Y• assessments and all other charges a�inst ¢3ie property, before the same 6ecume � �r�� � -
<br /> `� �• 3. To pay, whd►dns, all taxes, speeial � ��--
<br /> :�,_ � ; ' ' delinquent Tmstors shall pay all taxes and a�nents wtuch may be levied upon Beneficiary's interest herein or upon ihis Deed of ,;.��_:-
<br />.` � . Tmst ar the debi sec�uod hereUY.�vithout re�rd ta w}!law ihat may bc enacted imposinS Payment of f�whole or a�+part thereof . . :.,�,. .,„�
<br /> upon the Benefrciary. `
<br /> �.�_ ' 4. 7'o keep the impaa�+emenu naw or hereafter located on the property insured against damage by Fue and snch mher hazards as ' ' �`
<br /> � the Beneficiary may require,in ataounts and co�'�es aoceptable to the Beneficiary,Such i++�,*an�poliry shalt contain a standard �
<br /> T T .-is.
<br /> ��.:�' •*.. . •;: � IIt6Tig8gC C13u5C in f3v0i Of BE'•IlefiCiSJy. TttL�tl[SZIaI!piompUy ICP3u•maintain and replaoe We prc�erty or any part thereo�so : . �.a
<br /> F� ' , . that,except for or�"�aY wear and tear,the pm�+s1�all not deteriorate. . . , . � �=
<br /> ' ' g, 1n thc event tbe proyerty.or airy part tP►em.o£ sha111�e taken Iry cminent domain,the Ber�cary is entided to wlle�t and . �_:
<br /> �..,:. �': � • � receive all compensatioa wLich�be paid for a�+pmpertY taken or for damages to pia�erty not taken,an d t he Ben e ficiary s h a ll , ,��
<br /> _:� ,� . _`. a p pl y�such oo m p ensauon.at its a�s�i�n,either to a reduction of We indebteGness secvred heceby.or to repair and restore the property �c,
<br /> .�. . � � so taken.
<br /> '�=� �'� � 6. The Beneficiary maY. 6ut shail have no obligation to. do any art which Tiustors have agreed but failed to do, and the . . :
<br /> ��,. , p � ePaY• � �;
<br /> � Beaeficiary may filso do any act it deems neoessary to mtect tlie lien hereof. Tmstors a ee to r u n demand.any svms sa �. ' �,;:f
<br /> s
<br /> ���'=." � .' : ' .. expended by We Benefcciary for the above purposes,and any sum so expended shall f�e added to the indebtedness secur�ed hemby and .
<br /> `�"� - � • beoome seenred by the lien hereof. The Beneficiary shall no incur any liability because of anything it may do or omit to do . �''°� ��
<br /> _ , .. . x,. .
<br /> ; � �. ..� hereunQer. �. . � -
<br /> . . 7. The Benefic'r�ty.slia!1liave the right,power and authorlty during tE�e condanance of tt�s Deed of Tcust to calIect the resrts. . . _
<br /> . issves and profits of ihe property aad of a�+personal pmpeAY lac�ted thereoA with or without qking possession of the PropestY , . .
<br /> - affected hereby,and Trustors hereby absalutely and unco�sliti,onaUy assiga al1 such rents,issues and profits to the beneficiary. 'fhe . . .•.#
<br /> � beneficiary,hawe��er,hereiry oonscnts to Trustors'calloction and retention of sach rents.issues and profits.so long�as Tmstors are . . .i_
<br /> . � � � not, at sach time.in defautt with respect to paymeat of a�r indebtedness secvred herehy,or in the perfoimance of a�agrcement . .
<br /> � � gereuader. If any event of defaWt described hereafter in respect to this D$ed of Tn�st shaU have oavned and 6e oontimilng,the ,
<br /> . . . Benefrciary,as a matter af right and�viihout nmice to Twtors or any�one claiming under Tntstors,and without regsud to the value of . .
<br /> u ' ' the uust estate ot the interest of the Tn�stors therein.shaU Have the right to aPP�Y to an}+oourt�aving jurisdiction to appoint a � . , � : .
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<br /> ._ .. �arir��flf ttte psaF..'�sty. ��:-- - --
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