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<br /> 'fHISTfiU5T0EED mt�dothls 14th d�yof . Februury �fl1995 ��yandanr�n{� ��''''�����'��'''
<br /> BROTHElt5, `iNC. _-�.._ _ - - -
<br />�f � wi�ose maNirp aCdresri is _P�QIt 336 WOOD RIVCR, NT; G8A83 � _ __ . �
<br /> . (hereln"Trtmta");and 1�if lMOCD Itl'E�.whaso maliing address fs P.O.Box 487,Wood River,Nobrqaka 86883,(heroln"TIUBGIA,"artd"�loneticlary"j, -
<br /> " FOR VA�UABLE CONSIbERATION, inctudiny tM indfbtedness indK►tiflQd henin arxl tM trust h�r�In cr�at�d, th�rot�ipt�Q Moltich I�Mr�S�y �
<br /> , achno���lcdgad,Trustor irrevccahty pranPS, tren�fers, convoys, end nssipns to Trustc�, It�TRIlS1, E91'fM POYJER Of S4lE,�^.r 1���cr.�1;t etKJ -
<br /> • , • security of Beneficlary,ue�der and subject to the terms ond tonditions of this Dotd o4 Trust,th�r�ci prop�rty d�scriD�an fall�aw�� �
<br /> - ' -• I.QT SEVEN (7), BLOCK FIVE (5) IN DODD AND MARSNAL.L ADDITION TO TIiC TQSI@t Ur
<br />� � �'�,;;�� WOOD RIVER, HALL CODNTY, NEbRASKA ,i
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<br /> . " TOCETHER WITH, all rents,profits, royolties,income and other benefits derived from the real praRerty; ail I�oses or suDleoses covering t1�o
<br />- real property or any portian thereof, now or hereofter euistinc�or entered into, and all right, title and intere,t of Trustor thereunder, all in�
<br /> ' ' �,� . terests, estate or other claims,6otl►in Inw and in equity,�nich Trustor now has or may hereofter ncquire in tha real prn�erty;all easements,
<br />. riphts-of•woy, tonements, hereditaments and oppurtenances thereof and thereto; all oil nnd gas rights anA profits, water riphts and wotor
<br /> stak�all right,title and interest of Trustor,now owned or hereafter acquired,in ond to ony land lyi�ig witttin tl�o riQht•oI•woy of ony st►eet or .
<br /> , highw�y adjoining the real property,any and all buildings,fixtures,improvements, and uppurtenance�now or hereafter eretted thereon or ��� .�'• � _
<br />_ belonging thereto, (hMein referred to as"Improvement"or"ImprovemeMS"1;and any and oll awards mude for the tcking by eminent domoin ;;:;. �
<br /> " or by any praeeding or purchase in lieu thereof,of tho whole or ony part of the real property. .5:��
<br />- � All of the faegotng estdte,property und interest hereby conaeyed to Trustee herein collectively referred to as the"Property".
<br />" -, � THIS DEED OFTRUSTSHAII SEtURE� � =.�w •
<br />� (a)The payment of indebtedness evidenced by Trostor's note of even date herswith in the principal sum af v'
<br />_. FOUR THOU9AND AND NO/100---------------------------------------Dnt{ors (i 4,000.00 �, � ,_'��::•�:
<br /> = topether with intcresf at the rato or rates provided thorein,(herein,togother with any and aU renewals,madificatiQns,and extensi�ns thereof, ,'- ' ' ��ve�-�.y
<br /> - + �" raf�rred to as the"Note")both principal and interost on the Note being payable in accordance with the torms set forth therein,reference to � . ��,±�•� �
<br /> whith is hereby made,4he final paymont of principal und interest,if not sooner paid an�i if no renewals,modifications ar extensions oro mado, •
<br />= „ du�und payable on February 1, 199$ _._,
<br />"` �. (b)The performance of each apreement and covenant of Trustor heroin contuinad;and '� �
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<br />- � ,�, Ic)The payment ot ony sum or sums of money with interest thereon which moy be herea�ter paid or advonced undur tho terms of this Oeed of �.�
<br /> �--'�'' Trust.
<br /> •� (d)The payment of any future advances nacessary to protect the security or any future advance made at the aption of tlie parties;and E. �
<br />- (e)The performante of an obligation of any other person numed in this Trust Deed to a berteficiary. °
<br /> TO PROTECT TNE SECIlRITY OF THIS OEED OF TRUST,TRUSTOR MEREBY COVENANTS AND AGREES A5 FOLLOWS:
<br /> 1.h�t el P►iNd��l Md let�ntt.Trustor shall promptly pay when due the principal of and interest on the indubtodnQSS evidencod by tlro
<br />= Note,and all othcr charges and fees as provided in the Note,ond the principal of and interest on any Future Advances secured by this Oeod o1
<br />� . Trust.
<br /> - � 4,V��1��}Tftl�.Trustor is lawfully seized and possessed of gaod ond indefeosible title and estate to the Property horeby convoyad mid
<br />= has the rlqh4 ro gront and convoy tho Property;tho Property is free ond clear of all liens and encumbrances oxcept liens now of record; nnd i
<br />� Truator will warrant ond defend the title to tha Property against all claims and demands. !
<br /> - " 3.M�Mf�M�ts eel Co�pli�a wHA lnv�.Trustor shall koop the Property in good tondition and repoir ond shall nat commit woste or po►mil ,
<br /> � � � Impalrment or d�teriaution of the Property and shall comply with ihe provisions of any lease if this de�d of Trust is on o laasehold.No improve• i
<br /> • • mRnt now ar hrreafix erecfed upon the Property stwll bo alimred,removed or demolished without the prior writtan cansent of Boneficiary, f
<br /> � Trustar shall comply with u11 laws,ordinances,rugulations,covenonts,conditions and restrictions affe�cting the Property and not commit, suffer,
<br />� .,,� or p�rm�t any act to be done in or upon the Property in violntion of ony law,ordinance,repulotion, covenant,condition or restriction. Trustor
<br /> == thall compl�f�or restore promptly nnd in gaad workrttanliko manner any improvement on the Property which moy be damagod or destroyed ond �
<br />-_ poy,arhHi due,all clnims(or lubor performQd and mnt�riols fumished therefioro and for any olterntions thereaf.
<br /> - ' ' �. M�y��,Yrustor, at fts oxpenso,wil{mnintain with insurors opproved by 6eneficiory,insurance with respett to the Improvements and .
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<br />-�! p�reorsnl pruperty,cansfituting the Property,against loss by fire,lightning,ternado,and other perils and hazards covored by standard extended
<br /> = toveafl�endoratmant, in un omount equal to at lonst on�hundred perconf of fho full roplacement valuo thereof ond insurance apainst such
<br /> �� pther ht�tnrde and in�uch omounts as is wstomarily carricrd by ownqrs and operotors of simular properties or as Uen�ficiarY may require tor its
<br /> �. . . p�ptktlon.Tru�tor will cumply with suth other requirements as 8enefitiary moy from time to time roquest for the protectian by insuronce of the
<br /> � Intensfe of the respoctive porties.All insurance policios maintained pursuant to this Deed of Trust shall�ome Trustor and Benaficiary as in•
<br />;�, ' , ; sursde, n: th�lr reepettl�e fnterests may oppoor, ond provid0 ihot thera Shall be no C�ntOAption Or mOdifie,atinn with0ut nn Inss thnn 15 dayt —
<br /> -- � prior written nmlficoNon to Bene4itlory.In tNo event any policy horounder is not renewQd on or beforo 1 S days prior to its expira�ion dosc.
<br /> ' Hrn�lltinry moy procure such Insuronce in accordance with the provisions of poro�roph 7 hereof.Trustor shall dolivcr to Bonofitiory tho aripinal
<br /> ,= pollcle9 0}Insur�nce ond nn�wols fhereo}or memo copies of such policies m�d renowals thereof.Fuilure to furnish such insurance by Tr�estor,or
<br /> rentwule as requlrQd h�reunder shall,at the option of Beneficiary,constitute o default.
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