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<br /> THT9 vBBD AF TRi78T ie mado a� o! th� � dsy o! dl , 1995, bv end
<br />. among PHiL A. MADBR nnd LINDA Y,. MADSR, hu�ban snd Mfia, ^Tru�to e� , wk�ose mailing
<br /> sddreee in: 33d� ii. Abbott R�Q, Qrand Ieland, Nebraaka 6A803;
<br /> and LAi1Y61tS TITLB xNSURANCE CORPORATIQN, ("TRt7ST83") , xha�e mailing�dflreee ie:
<br /> P. 0. Box 627, OXand Islnnd, Nebraeka G88�2;
<br /> and GLS2ABBfiH (3. BOSSBLMAN, an unremarried Nidox, ("aSNSFTCTARY"I, whase mailing
<br /> ndc9rees ie: �04 Woadland Drive, Orand Ielend, N�braekA 66901.
<br /> 80R VALUABLS COJ�SiDBRATION, Txvstore irrevocably t�anafer, convey, and neAigri �-
<br /> ta Truetee, IN TRUST, WITFY POt78R OF SAL$. �nr the tzenefit nnd eeaurity oP Heaeficfazy,
<br /> under and snbject to the texme and conditione of thie De�d oP Truet, the re�l �rc�perty
<br /> loc�sted in the County of H+�11, Stt+te of Nebraekd, aa�d legdily descxibed ae folloae:
<br /> (tha "Pragexty"1 : ..
<br /> The Southwest Quarter (SW3f) 3ection Twenty�•eeven (27) , Toxnship T�►e�lvo =
<br /> (�2) North, Range Nine (9) Weet of the 6th P.t3. Ha17. C:ottnty, Nebrtteka, ;;-��4
<br /> excantina theraErcm A f`A�'r^±.. r.��« �� ��,»� , _„ Y�-�•±...•.w�+r =
<br /> deecribed ae foll�ae: Heginning at the Southesot corner of tho f
<br /> Southweat Quartez (SWii1 of Section TMenty-seven (27), ToWnehip Twelve [:�
<br /> (12) North, Reaaga Nine (9) ; thence aaxtherly along the e�aterly lina _�
<br /> of the Southveet QuaYter a dietance of 1,162.50 feet; thence Y�ing
<br /> Neate;.ly �,a�allel to i:l�e rivrtiltnrly lina of said �outhweat Quarter a �_=
<br /> dietance of 1,345.52 feet Co the easterly line of the Unxon Pnaific '-
<br /> Railroad; thenae ecutherly along said right o� KAy line, a dietance of �_
<br /> 1,146.73 feet to the aouth line af Section 27; thenem eaeterly along
<br /> eaid south line of Section 27 a dieeanco of i,293_A5 gset tA tF]ii�17 A('A -
<br /> oP beginniag. _
<br /> TOt#BTHSR WITH all rente, easemente, appurtenances, hereditamen�s, intereste .-
<br /> in ad�oini.ng roads, streete and alleye, impravements and buildinge of any kind =.__
<br /> eituate�l thereon and all pereonal property that may be ox hereaEtar become an �
<br /> zntegral part of euch buildinge and improvemente.
<br /> The properxy and the entire eetate and interest convoyed to the Truetee are "'�
<br /> referrad to collectively ae the "Txuet Betate".
<br /> FOR THB PURP038 OF $&CURINO: F^"
<br /> a. Payment of indebtednoea in the Cotal principal amount of $100,000.00 Yi=
<br /> with intezest thereon, as evidenced by that certain Bromiseozy Note oE even date "
<br /> (the °Noto°) with a maLUrity date of D�cember 31, 2004, executed by Truetore, - -
<br /> which hae been deliv9red and ie payable to the order of Seneficiacy, an8 w2sich -
<br /> by thi� refexence ie hereby made a part hereof, And any and all moc3ificatioae,
<br /> exteneione and renewal8 thereof, and, �.�.:
<br /> �_..
<br /> b. aayment of all suma advanced by Beneficiary to protect the Tzu,�c
<br /> 8otate, with interest thereon at the rate of faurteen (lAir) percent per annum.
<br /> Thie DeeB of Truet, the Note, and any othsr inotrumont given to ovidonce ��
<br /> or further secure the gayment arid performance of any obligation secured horel�y �
<br /> are referred to coliectivoly ae tho ^Loan Inetruments��.
<br /> TO PROTSCr 'x'HB SBCtJRTTY OF THI3 DBBD OF TRUST:
<br /> 1. RAYMSN3• O� iNDLaTBD SS• Truetore ohall pay when due the principal of,
<br />. and the interest on, the indebtednees evi3enced by the Note, chargae, f.eea c►nd
<br /> all other eume ae providad in the Loan inetrumente. .
<br /> 2. �811L BSTATI3 TAXBS.�,, Truetore ehall pay the aruival real eetaCo tnxes to
<br /> the Hall County Treaeurar before t�e taxee become delinquent and ekaall furnieh
<br /> - tax receipt� to eenoficiary on or befose May i and Septeniber i each Sraar. ]Cn the
<br /> evont Chat epecial aseeesmenta are leviQd againet the property, the Truetore i
<br />_ shall make L•ho annual paym;ente before the eame become delisnqu�nt and provido
<br /> Benefiaiary with a receipt for payment.
<br /> 3. �NgiJZ2ANCg. Txuptore ehall provide and puy the premiume on �
<br /> ..ew.. �t_ti.:,e..._ '_ -'-- -�-
<br />� ��T��-•����% �w+��� J ��:�•�•� a.v:o....y t,sav tlaatititfnO dt:ln proLecLing tLlO � ..
<br /> Beneffciary and Truetore �from all ciaimo, demc+nde, lawAUita, 8R� ��ldgIriQlltB
<br /> axieing out of injury to persone ar damaga to pro�orty occuxring on each �
<br /> property. The covoraye ehall be in un umount og not less thrin $304,000 eingl� i ;
<br /> limit f.or bodily injury and property 8amage. Such policy shnll narae Beneficiary
<br /> and TrueCOre ae ineurc�de As r,heir intereeEe may ugpear, and Beneficiaiy ahall be '
<br /> provfdad with u Cortificate of Ineurance or dupliaate copy ehowing ttao insuranse `•
<br />= Co bc� in full force and effect a� ull timee during Che term o:� this De�d of i.,
<br /> Truot.
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