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<br /> - -"'"_�''��:, the Beneflclery,_ Ank of Ilon3.Ahc��e__ 1dn�ix�.qSc^�.�5���"lon
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<br /> ,�„.:��,�.,� whaso matUng addrsya Is p O i�ok B._ Tlan�lnh,�p. NE 68[i�7 (hsrofn"Lt�ndtr'?.
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<br /> ;�'-�=a��;,x�'; FOn V�bIJAF3I.E COMSI�ERATION,tnGludfnp 6endea'o a��tton oi cradit tdantit[�d hurein to�y� •� ].Kon ` '"
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<br />.,.,.�•� ;,�,���' and Uelbort A. �lot�c►].ton� Wife cand Huo�;���gQnower",whether one or more)sad the trust hereln crealetl.
<br />.�,�•::�� ••�'�+1i•�� '�i�• tha�recefg2 m4 whfch ln h:s;+kri ecknowir�dged,Trustor hereby Irrevocabiy grants.tra�sfers,conveya artd asal�rss to Truatt�e,IN
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<br /> ,M,;,�.,,,,. �. �t� TRUST,Y'JITN R�WE�!QF9AL@,(orthebanBfitendsecur(tyolLonder,urtderandeubJecttothotermsandcondltionahertt!naftereet
<br /> " -��;�+�,�'?„i�;�:; tenh,the reat�r�.�r�yP;d_�cribe�c!as follows:
<br /> -'`�;�:�-�,��{• Center Townsbip the East One-Half (E}) of the Southeaet Quartar (SE�) of the
<br /> •,�r��'tr_:, .���. Snuthucet:(�uari:er• (SW}) of Sece3uu Twe�ity-Cwo (2[), Ta-�ehip L�le�en (11) llorth.
<br /> ���3r,jp;;��.a'.;�;p,� Range Ten (30) West of the 6th P.M.
<br /> - Together wlth all bulldlnc�A Improvement�,9ixtures,stree�ts,alloys,passngeways,easomQntv,ric�hte,privilopes and�ppurte- —
<br /> :-�'��r�'��,��.b, nances located thereon or In anywlse pertainfng thereto,end tha rents,issues and profits,reverslons and remaindesa theremt,.and
<br />-�-_..:�.,<R-�:•�.
<br /> , ,_� .. such personal proRerfy that Is attached to tho Improvementa so as to constitute e Tix4ure,including,but not Ilcnitc+d to,heaUng and
<br />_:r��=w�; ; cooting oqulpment;artd logether with tl�e homostead or rnarital Inter�stH,If any,whtch intereuts sro liereby relonsod and walved;all
<br /> � � of which,i��cl�cdinp re�lacemonW and additionathereto,Is hereby declerod to bea part oithe real eaffita secured by�tho ilen olthis
<br /> °;; ''. y��,••� Deed af T�ust snd all of tho tnragoing�!ng retorred ta hereln as the"Property".
<br /> '� .
<br /> - „_,�, Thtn�.c1 ot Trust shall sncure lal the oayment at the orinelnal surn and intorest evidenced Dv 8 Dromis�orY note w cre959
<br /> `� "�^� � _A x�._ 1 iannar 20 1997
<br /> �� ° ,; m�rcement datad _ P 1 a.+-. ��� ,having a matur(ty duto of � .� .
<br />. . . . ':,.,;yy�y;�`
<br /> .� in the ortginal principal amount of$-1.�nn.OQ ,and any end�tl modlilcatlons,euctenslona and renowsts
<br /> • �• "'�'" lheeeo!or thoreta end nny and all tu4ure advances and resdvances to Bor►ower(or eny of the�a!t more than one)hereunda7
<br /> �-'��� purauant to one or more promiasory�otes or credit agreemente(hereln catled"Note");(b)the paym�n4 mf othor sums advanced�.y
<br /> .� .,;;,,.'.;;,;,r� l.�ender to protoct the securfty o}the Noto;(c)the performance ol oll covenants and agreements of TruaYOr setforth hereln;and(d)d)1
<br /> • � .�°,� y. p7osent and t'uture indebiedness and obligations ot Borrower(or any of them If more than ono)to Lander whethor direct lndlrea�
<br />_,�;:,�r,` ;.;�. 4 EQ�solufe or continge�t and whuther nrising by note,guaranry,overdrait or othenvisa Tha Note,thla Lleed of Trvst and eny artd all
<br /> other docu�ntsthat seaura the Noto or otherwise executad In connection thorewith,inc�ading without timitatlon gupT,��1ees,security
<br /> "'° ""'' " egraements end assignments of leases and rents,shail be refarred to herei�as the"Loan Documenis". .
<br /> ^ +° ==� �� 7rustor covenanis end a�rees with Lender es tollows: -
<br /> ��•����` •��• m- 1, papm�nl o!Ind�t�dnNS.All Indebtedness aecured hereby shall be psid whan due. °-
<br /> ' r 2. Tifie.Truatcr Is the owuer o!the Property,has the rlght and euthority to convoy 1he Properly,und wc�rranta that the IIQn
<br /> �Y �� created hereby la e fi►et and pr!or lien on the Property,except for Ilens and encurs�!or�nces set torth by Trustor!n wrlting end -�-=
<br /> ' detivered to Lender botoro execution of this Dead ot Trust and the executlon ond delivery of thla Deed of Trust does rtotvtolate any ���
<br />-.-�,Me'e r.;;.a� - ro �
<br /> �.+�ti -��~- -* contr[ict or other obllgaUon to which Trustor Is subJect
<br /> �_��-�y s: _• 3. Tixe�.AesNSmetb.'i'o pay befora delinquency all taxes,special assossments and ell o�hsr�:harges egainst ihe Prope7hj ---
<br /> «-��«�• • �-�-.R±� now or heroafter levled. �-
<br /> ,; • �• 4. Infunnce.To keep lhe Propercy Ineured agatnst damage by ilre,hazarda Included within tho ta�rm"extendad covar�go".and =_
<br /> ,.�.., --
<br /> ' : ,,. such oth�er hazards sa Lender may raquire,In amounta end with companles�cceptable to Londer,naming Lender as an additianal __
<br />� '����'� ` , nart�od tnsurod,with loss�aYablo to the Lender.In cass o}loss under such policles,th9 Lender Is authorized to ac�J�at,colisct end �-.-.
<br /> • compromloe,all claims thereundor and shell have tho optfon ot opplying all or pnrt oithe Insurencs proceeds(i)to�ny indebtedness P�=:=
<br /> �, ,; .'�j secured hereDy end In auch arder es Lender may dotermine,(li)to th�Tr�ustor to be usod for the repairor restoretlon of the Prog��hj �;y:m..
<br /> - or(III)for any other purpose o►obJect satistaetory to Lender wfthout atieeting the Iten of this Deed of 7rust tor the lull emount 8ecurttd " -°
<br />. �' � " • horeby before such payment eve�took place.Any application ot proceeds to indebt�dne�s shall n2�2 mxtend or postpone the due E�;�;�
<br /> " . date uf eny payments under the Note,or cure any detault thereunder or heround�r. �-
<br /> � `' 6. E�crm�r.Upon wrltter�demartd by Lender.7rustor ehall pay to Lendor,In auch manner a3 Lor�dar may dosignate,sufficlent il};:;�
<br /> �::.��
<br /> � ; , . o�ms to enablo Lender to payv as they bocome due one or more of the tollowing:(I)ell taxes,assessmants And other chargea egalnat •,.� .
<br /> � '' the Property,(11)the premlums on the prop�r�y insurance re�ulrod hereunder,and(111)the premiu�s��n any mortgape Insurartc$
<br /> . . .�ri.'i;a'ii
<br /> ; . ;;;�;;� required by Lendor.
<br /> `r.',�,! 8. Matnlsnarfce. R�p�irst end Compllance wlib Laara. Trustor shall koep the Property In good conAlUon and repalr,eha!!
<br /> '��:� � prpmpliy repnir,or repl�cr��any improvement which may be damaged or destroyed:shall no4 commlt or Fermlt any waste or
<br /> �%;;.�!;'� �� �3oSSrtoratton of tha PraRei�y;ahall not remove,rlemolish or EubstanUally alt�r any ot the improv9ments on the lsraperly;shall not ,;?�
<br /> r
<br /> ���`�``" commit,autfer or armitan cr^tio be dono In or u on the Pro e In vlolaUon M an law,ord►nanco,or ro ulatton;o��ahall a and ,���'
<br /> , P Y r P p ►h� Y 8 P Y
<br /> � . • prompUy dtsc?�ar�v ai Truatar'e cost nnd axpsnse all Ilons,oncumbranco�ond chargce levtod,imposed or eesessed egelnsi25a '�
<br /> • � "i�; Propetty or nr�Y�sart thereot.
<br /> . ' 7. Emfr►snt Dom�in.Londor Is hereby asslgned all compensatlon,awurds,damages and otEsar;aayments or rollef(herelnafter
<br /> • "Proceeds"y tn connection with condomnaUon or other taking oi the Property or part thereot,or tor conveyance in lieu nt condemna-
<br /> �,'�„I;�?';;: tlon.Lendor shatl be ontitted t�t Ite optton to commenco,ap(senr tn and prosocute in Its own nume eny actlon or procasdings,and M'`,�.`
<br /> ,„`;�,' '.. shnit al�o bo ontitiad to mnXO any compramica or settlomont fn connactlon�vith such bking or damage.In thfl ovent any por4lan of `
<br /> ° the Qroperty Is eo taken or damaged,Lender shell hade the optlon,in Its salo and�bsoluto dlscreUOn,to nppry oll such Proce�ed�,
<br /> n4tordatfuctlnp lhoro�ram ull cas4a ond ctxpanses incurred by it In connucUon with euch Proceeds,u�on eny indeb4udness cocuresd
<br /> .. .. ��A����L.�II�..�i O"______ �LV��..wi iv.uJtww� M�lr�mWo11M w�11�0
<br /> . ___-.___—._____._ ���1.����1 I��..�L�J�����rr���..JW.�I��
<br /> . -j ItIItoV>att�a���owt�v�ws aa�mtvv�����wav���.���o.v.�v oMM'7 0��ovv���.vwwv�n.av.ww...wwuv..v�.v o.v...�...��..........� -�-
<br /> ,. Proparty upon�uch candiUons n�Londor may dQicrmlrt�.Any appllcutlon of ProcQed3 to indeb2odnoss shali not oxtond or pos�ono
<br /> _�`: tho da�dato of any paymout�undor th�Noto,or curo any dainult thoraurtdor or haround3r.Any unappliod tunda ehnll be pald to
<br /> Trustor. I
<br /> 0. Rtriesm�nas by LNed�r.Upon the oacurrence ot en�vont o!Qofault horoundor,or it nny ttct Is tnken or lega{procooding
<br /> ' � commonaad which m�tertalfy att3cta Lendar's fntcirast in Uie Propflrty.Lendet may in ib owa dis�rotion,but without obll�atlon to do
<br /> eo,end wtthout noUCe to or demand upon Trustor snd without rekasing Trustor Irom any oblipation,do any act whtch Trustor ha3 I
<br /> _ " egresed but fafls to do nnd may at�o do ney nther aCt tt deems n�cessery�to protQCt tfio sacurity hereot.Trustor ohall,Immali3toty
<br /> . upan demund thnrotor by Lcrtdor.p2y to lnnder aii casts�nd expQnses Incurrad and sums ex�ondad by Lender In connncUon with ;
<br />_ thoexQrciQO by Lendorof iflo toragoing right3,tog9ther with intorest fhosoon ntLhe dofs�uit rato provtdud In tho Noto,which shnll ho �
<br />_, ��� addes!to tho Indebtedness securetl haruDy. Lender shall not incur nny flabiliry 6erdusfl of anythlrp it m3y do or omit to do
<br /> � hera�under.
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