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<br />deaezibed as Lollows: lagiening at the Southeast corner of said last Half of the
<br />Southsut Quarter lPsaE41 ; dunce running northerly along the •ast lice of said Zest
<br />Half of the Southeast Quarter ("Z4) a distance of Six Hundred Thirty Four (634.0)
<br />feet; thence deflecting left 90 "39137" and running westerly a distance of Five
<br />Hundred Eighty Three and forty Three Hundredths (583.43) feet; thence deflecting
<br />left 93,15'00" and running southeasterly a distance of Two Hundred Sixty One and
<br />Thirty light Hundredths (261.38) feet; thence deflecting right 90 °29' 13" and running
<br />Southwesterly a distance of Six Hundred Eighty Six and Seventy Two Hundredths
<br />1685.72) feet to a point on the west line of said East Half of the Southeast Quarter
<br />(l4SE4) ; thnte running southerly along the east line of said East Half of tM
<br />Southeast Quarter (Ek8E4) a distance of Three Suodrad Forty Eight and Twenty Three
<br />Hundredth. 1348.23) feet tc southwest corner of said East Half of the Southeast
<br />Quarter M41z4) ; thence running easterly along the south line of said East Half of
<br />the Southeast Quarter (E45E4) a distance of One Thousand Two Hundred Forty Eight and
<br />an1002 so".N Hundredths
<br />or Isms of which 1.401 1..401 sore+ Mretor las S beginning ccupiednbytPublic
<br />road right of way;
<br />FURTHER EXCEPTING THEREFROM A tract of land in the Southeast Quarter of the
<br />Southeast Quarter (SE48E4) of section Twenty -Four (24), Township Twelve (12) North,
<br />Range Eleven (11), West of the 6c' P.M., in Hall county, Nabraska, and mere
<br />particularly described as follows: cc®encing at the southeast corces of the
<br />Southeast Quarter (SE4) of said Section Twenty -four (24) and running thanes
<br />feet; thence upon
<br />flecting left190"39'3aid and running Westerly (a4distance distance f 583643
<br />feet to a point 20 feet north of the point of beginning; thence 20 feet due south
<br />running to the point of beginning; ruing thence Westerly a distance of 686.72 feet to the the
<br />northwest corner of this trant -- much point beiGg 628.43 e fast th along and (room, the
<br />south side of said Section Teenty -Four (24) ; Chun running ....ng d upon e
<br />wet side of this tract for a distance of 280 feet; then ^' Y
<br />distance of 686.72 feet to a point being the southeast corner of this tract and
<br />which point is 241.38 feet Southerly free the point of beginning; an containing of running
<br />Northerly a distance of 241.38 feet to the point of beginning, c n
<br />acres, more or feu;
<br />TOGETHER WITH all rents, easements, appurtenances, hereditament., interest in adjoining
<br />road., streets and alleys, improvements and buildings of any kind situated thereon, and all
<br />personal property that may be, or hereafter became, an integral part of each buildings and
<br />improvement e, all crops raised thereon and all water rights.
<br />The Property and the entire estate and interest conveyed to the Trustee are referred
<br />to collectively as the "Trust Estate ".
<br />I FOR TIS PURPOSE OF SECURING'
<br />A. Payment of indebtedness in the total principal amount of $84,000, with interest
<br />thereon, as evidenced by that certain promissory note of even date (the "Nate ") with a
<br />maturity data of November 15, 2016, executed by Trustor, which has been delivered and is
<br />payable to the order of Beneficiary, b and reference
<br />thereof, handby made a part y this
<br />hereof, and any and all modifications, extensions
<br />B. Payment Of all sums advanced by Beneficiary to protect the Trust fat eta, with
<br />interest thereon at the rate of ten percent (10.06) per annum.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further
<br />secure the payment and performance of any obligation Secured hereby are referred to
<br />collectively as the "Loan Instruments ".
<br />II TO PROTECT THE SECURITY OF THIS DEED OF TRUST'
<br />A. PAYMENT OP INDEBTEDNESS. Trustor shall pay when due the principal of, and the
<br />interest On, the indebtedness evidenced by the Note, charge., fees and all other sums as
<br />provided in the Loan Instruments.
<br />B. TAXES. Trustor Shall pay each installment of all taxes and Special assessments of
<br />every kind, now or hereafter levied against the Trust Estate or any part thereof, before
<br />delinquency, without notice or demand.
<br />C. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and contest any action or
<br />proceeding purporting to affect the security hereof or the rights or powers of Beneficiary
<br />or Trustee, and shall pay all costs and expenses, including coat of evidence of title and
<br />attorney's fees, in any such action or proceeding in which Beneficiary or Trustee may appear.
<br />Should Trustor fail to make any payment or to do any act as and in the manner provided in any
<br />of the Loan Instruments, Beneficiary and /or Trustee, each in its own discretion, without
<br />obligation so to do and without notice to or demand upon Trustor and without releasing
<br />Trustor from any obligation, may make or do the same in such manner and to much extent
<br />on
<br />either may deem necessary to protect the security hereof. Trustor shall, Y p
<br />demand therefor by Beneficiary, pay all cost. and expense. incurred by Beneficiary in
<br />connection with the exercise by Beneficiary of the foregoing rights, including without
<br />limitation costa of evidence of title, court coots, appraisal., surveys and attorney's fee..
<br />Any such coat., and expenses not paid within ten (10) days of written demand shall draw
<br />interest at the default rate provided in the Note.
<br />D. CONDEMNATION. The proceeds of any award or claim for damage., direct Or or
<br />consequential, in connection with any condemnation or other taking of the Trust E.t.all be
<br />part thereof, or for conveyance in lieu of condemnation, Y assigned
<br />paid to Beneficiary.
<br />In the event of a total taking of the Trust Estate, the proceeds shall be applied to
<br />the sums secured by this Deed of Trust, with the excess, if any, paid to Trustor. In the
<br />event of a partial taking of the Trust Estate, unless Trustor and Beneficiary otherwise agree
<br />
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