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~.. l: ~.. " 88...." 1021 7 z. DEED IF TRUST This Deed of .Trust is made thisu1.t"day of Acril ,19A, by and among III.B. P.' PARTNERSHIP~ A NEBRASKA PARTNF'R~IHP ., hereinafter referr,ed. to.. asTrustor"llJhos~ mailing' address .is' 909' No. 96th St.. Suit.e Ill, DInaha. NE6B1l4 ; ARENDR.BAACK, AttOrney at Law, hereinafter referred to as "Trustee,' whose mailing address is p; 0, Box?9D"Grand Island, Nebraska 6BB02;, and HOME FEDERAL SAVINGS AOO LOAN ASSOCIATION OF GRANll I SLAf>lD ,hereinafter referred to as "Beneficiary, II whose mailing address is 221 South Locust Street, P. D. BOlC 1009, Grand Island. Nebraska ~~. ' ' For valuable consideration. Trustor irrevocably grants. transfers; conveysaro.d assigns to Tr'ustee. in trust. IIlith,power .of sale, for the benefit a.....d. security of Bene- ficiary. under and subject to the terms and conditions of this Deed of Trust, the fol- 10llling described property, located in HALL County, Nebraska. to-lIIit: Part of the East Half of the Northeast Quarter (El/2 NEl!4) of Section Twelve (l2), in TOIIInshlp Eleven (11) North, Range Ten (10). West of the Sixth P.M.. more particularly described as follows: Beginning at a point on the Section line. said point being 200 feet south of the Northeast corner of said Section 12; running thence west and parallel to the North section line of said Section 12. a distance of 4lB feet; running thence South parallel to the East Section line of said Section l2, a distance of 22B feet; running thence east parallel to the North Section line of said Section l2. a distance of 41B feet; running thence North on the section line of said Section 12. a distance of 228 feet to the point of beginning. except for parts deeded in Deeds Recorded as Document No. B3-004647 and Document No. 84-0D14BD in the Register of Deeds Office. Hall County, Nebraska. together with all buildings, improvements. fixtures. streets. alleys, passagelllays. easements. rights, privileges and appurtenances located thereon or in any way pertaining thereto. and the rents. issues. profits. reversions and the remai.....ders thereof, includ- ing all such persoral ,property that is attached t.o the improvements so as to co....stitute a fixture, all of which. including replacements and additions thereto. are hereby de- clared to be a part of the real estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter referred to as the "Property." FOR THE PURPOSE OF SECURING: (a) the payment of indebtedness evidenced by Trustor's ....Dte of even date herelllith in the principal sum of EIGHT HUNDRED FORTY SIX THDUSAOO AND NO/lOD--------------- (S 846.000.00), together with the balance of such indebtedness. if r.ot sooner paid, due and payable on ' MAY I ,20lB; with interest at the rate or rates provided therein. along with the payment-0r-8l1 other sums. with interest thereon, advanced in accordance herl!lllith to protect the security of this Deed of Trust, together with the principal and interest on any future advance as evidenced by promissory notes stating they are secured hereby, and any and all renewals, modifi- cations and elCtensions of such notes, both principal al'.d interest on the "'Dtes being payable in accordance lIIith the terms set forth therein. which by this refer- ence is hereby made a part hereof. The holder hereof shall have the option to accelerate the maturity of the note for which this morlyage is given as security, at any time after the NA loan year after first giving the undersigned or the then ollll'.er of the premises described herein a written notice three months in adva....~e of its intent to do 50. At no time shall the pri....~ipal amount of the indebtedness secured by this Deed of Trust. not including sums advanced in accord- ance herBlllith to protect the security , of the Deed of Trust. exceed the original amount of the note plus $ 0.00 (b) the performance of each agreement and covenant of Trustor herein contained; and (c) the peyment of any sum or sums of money which may be hereafter paid or advanced by Beneficiary under the terms afthis Deed of Trust. together with interest thereon at the rate provided 1n the note. To protect the security of this Deed of Trust, Trustor hereby covenants end agrees .. rollowss -1-