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YI <br />DEED OF TRUST WITH FUTURE ADVANCES <br />THIS DEED OF TRUST, Is made as of the 15 day of APRIL , MI by and emond q� <br />the Trustor, GERALD R WHITE single person and CRAIG WHITE & VONNIE WHITE. husband and `\ <br />whoeeeaiiing address is 208 Sunny Drive <br />Doniphan, NE 68832 <br />Ihemio 'Truemr; whether one or morel. <br />the Trustee, Bank of <br />Doniphan <br />a Nebraska Corporation, <br />whore..rang address Is P <br />0 Box 270, <br />Doniphan, NE 68832 <br />lhenin'Truns. -I, and <br />go <br />D <br />Y <br />m <br />N <br />U <br />zv <br />JC <br />� <br />y <br />p <br />O T <br />O <br />m <br />= <br />m <br />o <br />G� <br />no <br />O <br />C <br />pp <br />no <br />pr <br />car <br />car <br />DEED OF TRUST WITH FUTURE ADVANCES <br />THIS DEED OF TRUST, Is made as of the 15 day of APRIL , MI by and emond q� <br />the Trustor, GERALD R WHITE single person and CRAIG WHITE & VONNIE WHITE. husband and `\ <br />whoeeeaiiing address is 208 Sunny Drive <br />Doniphan, NE 68832 <br />Ihemio 'Truemr; whether one or morel. <br />the Trustee, Bank of <br />Doniphan <br />a Nebraska Corporation, <br />whore..rang address Is P <br />0 Box 270, <br />Doniphan, NE 68832 <br />lhenin'Truns. -I, and <br />the Beneficiary, hart. o <br />whose mailing seeress ie P 0 Box 270, Doniphan, NE 68832 (heroin 'Land.,-). <br />FOR VALUABLE CONSIDERATION, Including Lender'. extension of credit Identified barren m Gerald R. White and <br />Craig White and Veneto White <br />0el.in'Bmroww% whether ant or morel and the neat herein created, the <br />coin of which b hereby acknowledged, Tractor hereby Irrevocably Brenta, Irwaddes, conveys and eseigne to Trustee, IN TRUST. WITH <br />POWER OF SALE, for the benefit and security of Lander, under antl subject to the terms and conditions hereinafter at forth, the reel <br />property, described es failures: <br />The Northwest Quarter (NWE) of 12 -9 -10 in Hall County, Nebraska <br />EXCEPT land deeded to White Sunnys3cpe Subdivision as Platted <br />dated 6 -7 -1974 Hook 104 Page 97 and <br />Deed dated 10 -19 -93 No. 93- 109458 and <br />axareerDffiA&A. red 11 -30 -2000 No. 200010377 <br />2565 W. Platte River Road Don Peen ells e, uc 831 and p <br />Together with all buildings, lmprovamenl., Ilxhnee, y p snewsys, easements, rights, privileges d e purtenances <br />located thereon or In anywise pertaining themta, antl the real., levees end profits. reversions and innuend es thereof, and each personal <br />property thet le attached to the improvements ro or m c morcute a fixture. Including, but not limited to, heating and cooling equipment; <br />end together with the hernatesd Or mantel Interests, if any, which Interests we hereby released and waived; all of which, Including <br />moral ... no. antl eddldohe tbereIn, I. hereby declared to be a part of the reel sate,. ae.urad by the lien of this Deed of Trust antl all of <br />the foregoing being referred to herein as the 'Property ". <br />This Dead of Trust shall secure lei the payment of the principal sum and Interest evidenced by a promissory note or credit <br />agreement dated Aril 15 2002 , hearing . maturity data of <br />In the original principal amount of 0 250 000.00 , and any and all modifications, extension. and renewals <br />thereof or thereto and any and all future advance. and readvences to Borrower for any of them If mom than one) hereunder pursuant to <br />one or more promissory notes or credit agreements (herein called "Note'); On the payment of other a.m. advanced by Lender to protect <br />the security of the Note: (c) the performance of all covenants and agreements of Traver set forth herein; sod (d) all present and Future <br />Indebtedness and obligations of Borrower (or any of them If more than one) to Lender whether direct. Indirect, absolute or contingent <br />and whether chains by note, guaranty, overdraft or otherwise. The Note, this Deed of Trust and any antl ell other documents that secure <br />the Nate or mherwleo commed In connection therewith. Including without limitation guarantees, security consensus and assignments <br />of lessee and rants, .hall be referred to herein as the 'Wan [monuments'. <br />Trustor covenants and agrees with Lender ea follows: <br />1. Payment of Indebtedness. All Indebtedness secured hereby shell be paid when due. <br />z. Tide. Torwor is the owner of the Property, has the right and authority to .gnaw the Property, and warrants that the lien created <br />hereby is a first and prior Ilan on the property, except for liens and encumbrances set forth by Trustor in writing and delivered to Lender <br />before execution of this Deed of Trust, and the concern- and delivery of this Dead of treat do.. not violate any ...Iran, or other <br />obligation to which Tarttor luublad. <br />3. Taxes, A..e.....as. To pay before c all....any It t......pi d.l assessments and all other charges against the Property now or <br />bereatur laid". <br />4. laws..... To keep the Property Insured agaimr damage by fire, hazards, Included within the term 'extend" coverage', and <br />such other hazards as Lender may require, In amounts and with companies acceptable to Lender, naming Lender as an additional named <br />Insured, with I... pey.bie to the Lentler. In cane of lose under such policies, the Lender Is authorized to adjure, rolled and compromise, <br />all claims thereunder and shell have the option of applying all or pert of the Insurance proceeds (1) to any indebtedness secured hereby <br />and in such order as Lender may determine, 111) to the Trustor to be used far the minin or rsaturation of the Property or old for any other <br />on tons. or object seliaiadory to Lentler without affecting the lien of this Deed of Tnnl For the full amount secured hereby before such <br />payment ever took place. Any application of proceed. to Indebtedness shell riot extend or postpone the due data of any payments under <br />the Nine, or cure any default thereunder or hereunder. <br />6. Escrow. Upon written demand by Lender, Truster shall pay to Lender, In such manner as Lender may designate, sufficient sums <br />to enable Lender to pay as they become due one or more of the f.Ilawlnw It) all texas, ee s <br />mend. end .,her charges against the <br />property, (11) the premiums on the property Insurance required bemander, and 1111) the premiums <br />on any mortgage insurance occurred by <br />Lander. <br />6. Maintenance. R ... In Bntl Compliance with Laws. Trustor shall keep the Property In good condition and repaiC shell promptly <br />repelr, or replace any Improvement which may be damaged or destroyed; shall net commit or permit any waste or deterioration of the <br />Property; shall not remove, demolish or subsowalelly sitar any of the Iepmvemems an the Property; shall not commit, suffer or permit <br />any act to be done In or upon the Property In violation of any law, ordinance, or regulation; and shall pay and promptly discharge at <br />Tower's cost and expense all lien., encumbrances and surges levied, Imposed or opened against the Property or any pan thereof. <br />tar e I w,artaroxxv. in x. a. .. lase <br />u n <br />,w isva . — ., -n,., were. .. - a,-uree, xw,viu <br />