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20030206; <br />is located One Thousand Three Hundred Eighty Seven (1,387.0) feet East of the <br />Southwest comer of said Section Four (4), thence deflecting 90`44' left and running <br />Northerly a distance of Four Hundred Seventy Three and Seven Tenths (473.7) feet <br />to the South right of way line of the Chicago - Burlington and Quincy Railroads; <br />thence deflecting right and running Southeasterly along said South right of way line <br />a distance of Three Hundred Fifty Nine and Eight Tenths (359.8) feet; thence <br />deflecting right and running Southerly a distance of Three Hundred Seventy Eight <br />and Thirty seven Hundredths (378.37) feet to the South line of said Section Four (4); <br />thence deflecting right and running West along the said South line a distance of <br />Three Hundred Thirty Seven and Five Tenths (337.5) feet to the point of beginning. <br />TOGETHER with and including all and singular the tenements, hereditaments, appurtenances <br />and privileges thereunto belonging or in anywise appertaining, whether now or hereafter acquired, <br />which shall include, without limiting the generality of the foregoing, the following: <br />All of the rents, issues and profits, including all rents, royalties, bonuses and benefits under any <br />existing or future oil, gas or mineral or other leases; all easements and rights of way; all rights of <br />homestead and homestead exemption and any surviving spouse's marital or distributive share, and <br />all other contingent rights in and to said premises; and <br />All fixtures, improvements, buildings, and the plumbing, heating, ventilating and lighting systems <br />and equipment therein; all of which shall be construed and considered as affixed to and part of the <br />real estate. <br />All of the foregoing estate, property and interest hereby conveyed to the said Trustee is hereinafter <br />collectively referred to as the "Property ". <br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors and <br />assigns, forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted <br />unto the said Trustee, Trustee's successors, and assigns for the purpose of securing: <br />(a) The payment of Truster's just indebtedness to Beneficiary in the principal sum of <br />Eighty-seven Thousand Dollars ($87,000.00) for money borrowed, with interest thereon, all as <br />evidenced by and in strict accordance with the terms of that certain promissory note, hereinafter <br />called the "Note ", bearing even date herewith made payable to the order of Beneficiary, executed <br />by Craig Rex Edwards, and providing for the payment of said indebtedness in installments, subject <br />to acceleration of maturity on default in the payment of any installment of principal or interest or in <br />the performance of any covenant, agreement or warranty contained in this Deed of Trust; <br />(b) The performance of each agreement, covenant and warranty of Trustor herein <br />contained or set forth in the Note or any agreement or instrument executed by Truster in connection <br />with the indebtedness hereby secured; and <br />(c) The payment of any sum or sums of money with interest thereon which may be <br />hereafter paid or advanced under the terns of the Deed of Trust. <br />NOW, THEREFORE, TO PROTECT THE SECURITY OF THIS DEED OF TRUST, <br />Trustor does for Truster and for Toaster's heirs, representatives, vendees, successors and assigns, the <br />owners of said Property, hereby expressly covenant, agree and warrant to and with the Trustee and <br />Beneficiary, and their successors, vendees and assigns: <br />FIRST: That the Truster hereby covenants and agrees, to the extent permitted by law, as <br />follows: (a) to pay promptly when due the principal and interest and other sums of money provided <br />for in the Note and in this Deed of Trust (b) to promptly pay before delinquency all taxes, <br />assessments and other charges imposed by law upon the Property, the Truster's interest therein, or <br />upon this Deed of Trust or the Note; provided, however, that in the event of airy change of the law <br />providing forthe taxation of deeds of trust or debts thereby secured so as to affect this Deed of Trust, <br />the entire indebtedness secured hereby shall, at the option of the Beneficiary, become due and <br />payable; (c) to keep the above - described Property and the improvements thereon in good condition <br />and repair and not to commit or suffer waste thereof, and except as authorized in any schedule <br />annexed hereto and forming a part hereof, neither to remove nor permit the removal of any timber, <br />buildings, oil, gas, minerals, stone, rock, clay, fertilizer, gravel or top soil without the prior written <br />Page 2 of 6 <br />