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<br /> < . Tbis DEED OF TRiJ5T is made this gst day of SepAe�nber, lg9s, by and ara�ong SllLV1fA d. _
<br /> � � rre� ta as "�'eQStoas,�� wRether one�or more. w�tase mailing ,��;
<br /> f.' :.�:.�:��. ,°�< �NIcTAVLSH, g singie peason, hereinafter tefe
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<br /> _ °�� .:` _`��:°: ,�,.; address is 1176A�Ve9t Hasker Hig6c�ay,�Voad �ver,Plebraska�888�;'d'HE�S'�ATE 1�AN�OF C��, .
<br /> � ' �' '�Y` -,.�°' a 1Vebrast�a �na��g Corpo�utias�,�ereinaf�er referred to as"Tr�stee,�� whose mailing address is�og 4�8, ;� _
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<br /> � � Ca3ro,� Nebraskri 6882�; and 7'� S�'A'rE.��NL� OF CAIItO, a Nebrrssks�,Banlsim� �or�rna�t�oa�, �,.�:. ..•.
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<br /> _ �� - _- . hereuiaf�er ref�rred ta as"�e�efie�ry,"�vhose ma�ing address is Bos 4?.�,Cai�o,Ielebra��ca 6��. :
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<br /> -.:. ��- . Far valu�te ca�sidc�oa, Tn�cxs itrevocably. *-tca�sfe; cn�ey and as.�ign to TiuStee, in trust, �. � -
<br />- � "�k� w�th power o�sale,gor the b�aefit.and security o£Benefcia�y,uader�d subject t�o the tem�s and conditio�s vf ' . .
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<br /> ,'� � . �`'<� this Deed of Trust,the fouowing descn'6ed real property tocated in H�l[.L Couitty,
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<br /> • ��. � The Northwest Quarter(NmV 1�4)and the North Ha1f of the Southwest Quarter(N 1/2 SVfT 114) - �<:��
<br /> _ . ' �.� . - � wnstu Ten(10 North,Itange eleven ,West of the 6ih , , . . ...�
<br /> "f of Sect�on Thirty-four(34), To p )� (11) PM � yr;;.
<br />_ � in Hall Couaty,Nebraska, ; . �`�'��"�_`'
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<br /> Y`.� : Subje�ct to easements m�Record and to e�asting roads an�bighways. � =-
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<br /> _ -- - ,:�=,� : � Contaimag iu•a11240 a�,ipore or less, , , � F-
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<br /> '' ,,• , :�:, , . stceets all 9y eace_mY--r:te rig�3,piiV�e$e�s&ud�
<br /> _ � " tog�er with all bwildings,i�a��.�emeuts,fnctures, , e3► p���Ys• �°
<br /> "" �.,. be or hereafter beco�an isit art of such 3;
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<br /> � � �.-�l . - aPPurtenanc�s locazed there��;:�cd all personal prmperty that m,aY �,P �-��'.
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<br /> - ; .- . •�.. -_.... -bt�dings�and improvemer�ts��a11-crops�raised thereo4�-all_water..n ,ts,.all uf.�v.bt�,�cluding.teP_..--.. --.- .-.--.
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<br /> ;*..�. � .. amd a�didons thereto,are hereby declared to be a part of the real estate comreyed in wu��ereby,it being agr ��::�-
<br /> . =��,�' that aU ofth�foregoing shall be hereinafter referred to as the"Property." , �_=
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<br />_:,; %�'���;:�:�.•,...� �_��,a a. Fay�nent of indebtedness evidenced by T:ustors' note of even date herewith in tfie ps�eipal sum of —
<br /> ���`,;_; � .: `� :� �125,��0.00,togetiaer with i�erest at the rate or as��s provid�d.therein,a�as►y and all renewals,��caodi&cadons
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<br /> . � r . � ana"�iiteasions of such.note,both prnicipal�nd i�'t�erest on the nate being lp�"�ble in accordauce c��`rth the tertns . __-
<br /> `"�.�rt�-r����, •��;:'�%�� ".. set forth theiein, w�ich by ttiis referea� is hereby made a part herea� arE�any and all 4'uture advances and � =-
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<br /> � � • � ���� � readvances to Trustors hereunder pursnz�to one ore rnore promissory notes or cr�',�:�,eements(herein called =_____
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<br />- ����"'f� F�F�'���'�� "Nate"}; � . • ,:;. _�
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<br />__, �;r��:+,���;..;.,••�,.�:t b, the payment�of other sums advamced bY Beneficiary to protect ttce security of the Note; � � �4
<br />�i.J-��,�:�;�.��; � c. tiae performaace of aU covenaas�a»�d ageements of Tn�stur set forth hereuj;and ..
<br />_ °'Y;;;�,,; '.;{;i'. d. all pres�ni and future indebte�Ms and obligations of Trustors to Henefciary�'�ether direct; iadirect, ; . ---
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<br /> �,. �sx�-' ahsz�iuYe ar contingent and wh��her an�ig by note,gttaranty,overdraft or ottieiwise; ..' !-•-
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<br />— — -- ' T�gROTECT THE SECQRIT1l OF'H'�5 DEED 0�'TRIIST,TRUST�AS HERI:BY C�VENANT AND AGREE:.
<br /> _�..;��:": 1. To pay wheii dae,the princtipal o�a�t^.�ie imerest on,the ind�btedness evidenced hy s}cz nd�;.cHarges.fa.s and a11 olher ,
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<br />_��y-�..�.�. 'snms as provided in the loan inslsume
<br /> C � 2. Tmstors are the owne,�s�P.the propeztY and bave the dg��t and suthority to ex�rte tpis De2d of T�nst in r�pe�to the � —
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<br />�,�� .. - 3. To pay, a�Zen du�, aU taxes. s�pecial,ass�s�ncats and aU other c�arges against the propzsty, before the same beooms.
<br /> ' , ' gelutqueat Ttusid�shall p2y a11 l�ces and a�sr�cm�ta v�luCb may be levied upon Beueficia�$�+.'lerein or upon tfiis Deed of _
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<br /> �-,.�;'. _�'..'�'}j� � 3h�st oi ehe debt serured hereiDy,vnitho�re�rd to azry 2avr C�at maY be eaacted imyasin�IIaYmea�.�'El:e whole or aay part Wereaf
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<br /> y��'�j!51c', .���.'}r. � � upoatheBenefcciary� . -' _� .
<br />— �_,:=�y:;:�, A. To Ice�the improvements now as hereaRer loeated on the prageriy insured agai�t clamage lry fue and suo�att�er hazards as
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<br /> -- ." `"`:`� the Beneficiary maY teqnir�.in amaunts anci oompanies acoe�tab2c to the IIeneficiary,Sucfl insvranC�Faucy sLaU oontain a standard
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<br /> �`'�' ::`�:-.`-,� � mortgage clause in favot of Eeaeficiaty. 7'nutor shall promDUY�Dair.maiatain and replace the pn�ertY or si►y part theteof,so °-
<br /> - ,'r;�:•%�.�•: that,e�eept far,ordinary wear aafl 4ear,the paaperty sLall not deteriosate. __
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<br />_ :�. .s,;-_:;.,.#. 3. In the event the proge��t,or asry pait thereof.shall be taken by.eminent dosaai,.Ti.the Bendt3ary is entitEed to aollect and . —
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<br /> `.;.. ' :,•�:. receiv8 till compensation w�a�ay bs paid for any prdpeity,taken or for damages to Pzagert5+�nat taken,and t��lBeneSclaryr,hall =__-
<br /> --.�;_� � � � aDPIY�h o�g�ifln,at its apiion,either tu a ceduction of the indeb2e�aess seaue�herehy.or W r�a�r aIId r�`.ore the property F.,,_;;
<br /> ` ��.� sotake�. � ':
<br /> � �, ; 6. The Beneficiary maY, �ut shall 6ave no obligation to. do aay act wiuch Tmstors l�aave agrecd but faiPe9 to do� an�t�e �;,�,x
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<br /> 3.�.' '�r�`.,. .. Beaeficia�y may also do aay act it deems aeoessary to protect the lien heie�f. Trustors agree to repay.upan de�:d,anY sums so . ,��t l�''
<br /> }- k expended by the Bencficiary for the above pnrposes,and any sum sa cxpeaded sha11 be aQdeB to We indetstedness secured Hereby aad � �,�''��•
<br />=—�'� �.� � - �� become se�ued try the lien hereof. Tha BeaeSciary shal! no incus any liabillty because of anything it may do or omit to do ``
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<br />_ ,'. ':� �� �{' •:, ' hemundee
<br />-. � � 9, The geaeficiary shall have the right.power and authority during the aontinuance of this Deed of Tmst to oolleci the rents,
<br /> -.°..�;.';; �'..:.� � issaes an�profita of the pmycrty aad of aay petsonal praperty 2ocated thereon�vith or ariWout taking possession of the pro,peri'y :,.
<br /> � . . ,,,,: • aff'c,cted herehy,and Trustors hereby absotutely an�uncondiaonally assign all such rents.issues and profits to the beuefiaary. Tt�e �����Y.
<br /> y:� • beueficiary,however,'heseby cons�nts to Trnstors'collection and rdention of such cents,issues and profits,so long as'8'nutors are .
<br />-' • ' not,at sucb aime. in defanll with c�spect to payment of atry indebtedness s�aued herebY,or in the performaaoe of at►Y agrcemeat
<br /> herenndee. If atry evei►t of det'ault described heteafter in resyect to this De�of Tn�st sba116ave osc�ured an�be oontinving,ihe '
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<br /> Benef�ciary,as a matter of right and wiWmrt.notioe to Tn�stois or a�rone claimin$under Tn�stors.and withaut regard to the vaIue of .
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<br /> `- - : - �- `�—° '�- the tiusi c-siis�iie�thc intc:w-t af the'!'sri�ar2 sisecesu,shal�Iza�e thp rig�t to ilppty tP a�r oourt having lurisdiclian tfl appniIIt�
<br /> _ . �. . • ... . • . ' reoeiver of the praperty. � � �I . .
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