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<br />tel Tho rapavmonl In full by 1IU5101(&) of all8mounls8dvanced by Bonollcmry, all18 option. 10 or on bohall 01 Trualor(a) 1111 protoctlvo ndvoncBs <br />authOrIZed horOln, In tho loan agroemonl(S), Dr In olher lnslrumontts) which may bo Qlvan 10 oVldonce such advancos. pltJlllnlOrosl on all such <br />advancos. pay.ble as provided In lho nole(sl. 10Bn agreemenllsl or olhor mstrumonl(s) <br /> <br />(d) Tho payment In lull al any and 011 'llllor P831. prosent or fUturo. direct or contlngont. doblS an[j llatJlhtlOs ot Truslor(s) to Bonollclary of any <br />nalure whftlsocvor <br /> <br />Th" TN" Deed will be duo Ha rch I, 2013 or upon tho poymon. ,n full a. all .um. ..eurod horoby, <br /> <br />Tnntorla) hlrtlby w.rrant Ihalll'1o)' hold tee limplell1le 10 the~bove described properly. Ihat Ihey hll.\Io good IInd Illwlulllulhonty 10 deed and oncumber lhes.me, <br />Ih.IUld property II!roe and clear 0' all liens and encumbrancel. excaptencumbrancel 01 record, and Ihallhey will warrant and delend uld proparty against all <br />clalmanlllwhomllOaYClr Trustor(1I1 also nerebyw'llve and rellnqullhall rights 01 dower. Ilome'Stelld. dlstrlbutlvt!l share and ellempUon If'! and to lhlllabova delcrlbed <br />property <br /> <br />TNllor(l. MIl MCh 011Mm turtMr CClftMftl.rnl..'" wi"' 'eMflcluy.' folio....: <br /> <br />11) To pay all lIons.ludgrnenlsol other aU8urnenl! aglinl11ald TruS1EII1I1Q, 11m' to pal' when due ",II lues. renll. I_lor charglll upon said Trust Estattt or under <br />any leaH. permilllcenStt or privilege allslgned 10 Beneficiary aSllddlUonal securlly 10 thiS Trust Deed, Including those on publiC domain <br />12) To msu1'8 and keep insured bUildings and other ImprOV1lmentl now on or herealler plaC8d on sajd Trusl EtiIBll1 to lhe lalistaction 01 Ben81lclary Such <br />lO'suranCII ahllllbeapproved by Ind deposlted wllh Benellclery. and endorsed with 10M lhereunder payable to Benellclary Any lums so received by Beneficiary milY <br />be Uled 10 pay torntConllrucllon 01 the deslfUl'ed tmprovement..or If nolso applied may. allheoptlon 01 Benellclllry. be applied In paymenl 01 any Indebledness <br />matured or unmlturec:l secured by this Trusl Deed <br />(3) To keep.U buildings. hdurel and other Improvements now on or herDafter placed on said Trusl Estale occupied and in good repair. maintenance ano <br />condition and to ntllthercommlt nor permll any acts 01 waste or any impairment 01 tho value oltne TrUlt Estate Benellclary may enler upon the Trust Estate 10 <br />mspect Ihe same or to pertorm any acts aumorlred herom or '" the loan aQreement[o] <br />(41 Intheevtlnt Trullor!lllatl to PIlY any henl, ludgments. assessmentl, taulS, renlo. loes orcharges or mOlnlOln any Insurance on the property, bUildings. lilllures <br />or Improwemer.llsl provided herem 01 In 1ho loan agreement!s). Benellclllry ms)". 111115 optIOn. make ~L.lch paymenls or proVide InsUlllnce. maintenance or repairs <br />and any amountl; paid therelor Ihlll become part 01 the pnnclpallndebtednels secured hereby. be Immediately due and payl!lble and bear mle~t Irom the date 01 <br />payment as proVided In the notels; or loan agreemenll!l) The advancement by BenellClary 01 any such amounts shall in no mlllnner IImllthe right 01 Benellclary to <br />declare Trustor,..) 10 default orellerCISG any of BenefiCiary', other nghts and remedtes <br />(5) In the event BenefiCiary IS a pany to any Illlgatlon allectlng Ihe l&Cunly or Ihe lien 0' Ihls Trust Deed. IncludinG any actJon by Beneflclary loenlorce this Trusl <br />DRdor any IUltln which Banellclary IS namod II delendant ,:ncludlnQ condemndhon and bankruplcy proceedingS) Beneflcla:y may Incure.penses and advance <br />payments lor abstractfMs. at1orneysll!lflle.l:epllo theelltent prohibited by 111\l1li1, costs exponses. appraisal feea and otherchargesl!lnd any amountsso edvanced <br />shall becOme pari 01 the pnnctpa.llndebtedncss IItCUrea hereb)". be lmmedlately due IIno plI\"Bble IInd bear inleres11ls provided in the loan agTMment(ll) <br />(6) Any.wards made 10 TruSlurll! or Ihelr succossorsby Ihe eaerclse 01 emmenT comlun are hlHCby asslgned to Benehclary; and Beneficiary Ishereby authorized <br />10 collect and appty Ihe samc In paymenl 01 any mdebtednoss. matured 01 unmalured, 5OCUr80 hy thiS Trust Deed <br />[1) In tne nant TrUltorl$J delllult .... Ihe pllymenl....hltrl t1ue olllnl/sums socurec1 hereby (prlr'll:lpel lnter~t. advBncements. or protectlve advancesl. or 11.11 to <br />performorObSlltvBanycovonanls and condition I contllmeCl herem In tne nOlelSI lOll!'> n9froomcnII1l!. 0' an\"otho, Instlument!., orany proceeding IS brought byor <br />agamst Trullorll) under any Bankruptcy laws, Benellclary ma.,.. allts Oplll:,", d(lt:lall~ Il1e onllH' Irldcbledness ,&cured hereby 10 be Immediately due and payable and <br />bear Interelt Sllne celault rate as provI(]ftd In Ihe nOlels) Dr loen agreementlsl ana Benallclary may Immedla'ell' authorlro Trustee 10 eltorclsethe Power 01 Sale <br />grantlld herem In Ihe manner provlded In Ihe Nebreskll Trull1 DMds Act. or. al the oplton 01 the BenefiCiary. may foreclose 'he Trust Deed in the manner provided by <br />la.lor theforeclolulD 01 mortgages on leal property. including the IIpPOlnlmenl ola Rocelver upon ea parte applicallon. nollce being hereby expressly waIved. <br />"lthout regard to the vslue 01 tht property or the IUlflCl9nCY thereol to dtllcharge "'Ie IOdoblednen secured hereby or In the loan BgreemenUII. Delay by Benellciary <br />In exeICu1m9 It I nghts upon default shall not be conllrued as a walwer Ihereol onO any BCt 01 Benehclary walvmg any specllic delaullshall nol be conatrued al a <br />watver olany future defaun lIthe proceedl under such sale or loreclosure .rc lrlsuttlclenllO poll' th~lolallndebtedness secured hereby, Trustor(sl do hereby agn!le <br />to be personalll' bound 10 P&'t' the unplltd balance. and Benehclary shall be entllled 10 a dehcle/\C'f' Judgment <br />(81 Shoull! Bllnellclaryelect toererclMllhe Po"lftlr 015111f1 granted her~lIn. SenehC10ry shall nOllfy Tru51ee whO shlllll rocord. publish and deliver to Truslor{sl such <br />NollCe 01 Oel.unlnO Notlce 01 SII~e es tnen nl'quI~ b.,. law and shall I" the mllnnel provldod by law selllhe 1'ru~1 Esllle at Iho lima ArllI place 01 I.tIle tilted In the <br />Notice 01 Sale. either IS.ll w,",OII'l or In leparall1lolS parcelS or Ilems and In such order a!. , ruslau sPlsl1 doom olpor'Jonl Any porson may bid lit the zuUe InCluding <br />Trustor{lI). Trullee or Benehculry <br />[91 Trustor(.) hereby loquella COP't' olan't' Not,ceo' Delaunor Notlceol SlIlet'1f!llIunOel 10 tlO mlulcd to Itlem at theaddrllllllesl..et lorth herem bycertihed mall <br />(tOI Uron delaul!. BlIollhclary elthlll In POrllOn or by Igent With or wlthou1 brt/\gln~ nnl' al:llo/\ or prOCDCIdlng and With 01 without regard to the value of Ihe <br />property 0' the lIulhclency me'eolto dttocharge tMe rnoebtedneusecured heleby IS IILltfmnled IIn(\ ontltlfl'd 10 ente' upon and teke posselsion 01 the TrUlt Estate In <br />Its own name or 1M the nllmll ollhc Trustee and do any actl Of e..pend .nl' sumtllt Ch!l'ems. necellllory or de,"lIble to protect or prtt,ONe Ihevalue of the Trust Eslale or <br />any mterest therem. or Increaaethe Incomethelelrom, andwllh 01 wllhoultaklng posse5slo/\ of Ihe TrUll Ellate IS authom:ecttosuelororotherwisecollecllhe rents. <br />Ilsues. crop,. profltl and mcome lherfJol. Includmg those past due and unpa,a onl1 lippiI' thO'! SlImll upon any Indebtl!ClnllSlI secured hereby or 10 the loan <br />.grftmenl(lj <br />No remedy herllln conterred upon or ms.eNed to Trustee or Benehclary III ,"In/lOAd 1u bll O.clu'lVll 01 any olher remedy herCllo or by law provIded or permlUMI, <br />but allch Ihall be cumulllllve. shall be In lIddtllon to every olhfu 'Ilmody Qlvnr' ""rt!ltl'l(le' 0' now <:.II hfl'l'lAlle, lI"ISIIng allllW or In oquity or by IllItute, Ilnd may bD <br />ellerclllK1 concurrently. IndependlllnU)" 01 succeS!l.lvttly <br />Ill) TrUltor(slacknowledge thallhc dulles and obligatIOn I al TruSlee lIhtlll art dttlt"rIl..."a sulel't' i'lli' the UX~llI". provlllOns of Ihl~ Trust Deed or the Nebraskll <br />Trult Deedl Act and Truslee shall not be liable ellceptlor Ihe pllrlormance III ~ucn duhus and obhgahona as are speclUcally $el lonh Iherem. and no Implied <br />covenantl or obligatonlllhell be lmposed upon Truslee. Tlusttle S"IIII flol Dtr habl.. '01 any Ilctlun I.....tln by II III good lalth and reasonably beheved by It 10 be <br />euthont.ci Of Within Ihe dlllCrehon or right! 01 powers conlerred upon tt by tnlS TIUlt DllllO or slele law <br />[12} The mtegrlty an::! rlllsponSlblhly 01 TrustoriSI COnltll\..IleS., part 01 the conSIderation lur thtt obltgllllon~ lecured hereby Should Trustor(sl sell, transfer or <br />con.ey the properly oescnbed herein, wnhoul prior written conseot 01 Benell(.lory Btlne'ICI..ry may. 01 1111 opllon. declare the enUre IIldeblednesllmmedlalely due <br />and pa)'llbleand may proceed 1M the enlorcement 01 It.. fights as on any Olher dulllult <br />(13) Anlgnmant of RlII'ntll ,"eluding ProC6&d" 01 Mlnaral Lease Trustor,I' herCby II(In,ter $et over and convoy 10 Benehclary all rents. royallles. bonulllsand <br />delly money. tn., may lrom lime to tIme Del;ome Due and payable unDer an, 101...1 a.I.lel"'.... D' undel eny 011. gal or olher mineral lease olany kind no"," ellilllng 0' <br />tn.t may hereafter come Into clustence. co.enng tne IIbove TrUfit E$late o. any Pllrt Ihenwl All such auml 10 received by BenefiCiary shall be applied to the <br />IndeDtecnllU aKured htI/'tl"by, 0' srlld aenehc,ary may, at ,Ia optlDn. tur'" o"el and dellVll'lto Trustor[11 or tl1ell BuccellO" In Inlerest. any or all of lIuch lIums wlthoul <br />prlljudlce to Iny 01 Benellclary'fI rlghls to tllkft IInd retain lulure sums, ana wltl'1oul P'''Il.ldlce 10 eny of III other rlghtll under thll TrUllt Deed Thelransfer and <br />conveyance hereunder to BenehClary 01 sll,a I"ntl, royalllM. bonusel and delay mone)", IIhall be construed to be a provlfllon lor Ihe paymenl or reduction 01 the <br />aebt, lubJecl to the BtInehClary's OptlOl1 as herelObefore p'ovlded. mdcpendenl of Ihe hen on ~Id TrUIlI ESlete Upon paymenl m lull 01 Ihe debt and the <br />rec;.onveyance 01 thll Trult Deed 01 ,ecord. Ihll conveyance shall become ",operative and 01 no furlhel lorcf! IIna e!leet <br />1'4) The cowenants cont.med m thiS Trust Deed shall be d&tlmed to be s.owe,obltl In Ihe f1Vtll1t thai any porllon ollhll Trust D_d II deterrnlned to be VOId or <br />unentorcuble, thlt deta Inatlon all alleet Ihe validity 0' tne rflmatnlng pon~_olthe Trust Deed <br /> <br />, I' <' /' . I <br />( -,a~..LA-' C- /( ~L-<... <br /> <br />Daniel E. Riley "\ <br /> <br />88- 105309 <br /> <br />()/~)ti <br /> <br />FCU06011 <br />I'IIgo2nl2 <br /> <br /> <br />.4~,u~O <br />~;8fN~~R~~l'Y <br /> <br />COUNTY OF f/", 1/ <br /> <br />On thiS .;lb oaloi 5r::pfe rnJJtu" hUS'-ba'-n--:r-andA owi' 'rge Ba'?n:' balore me, a Notary PubliC, personally appcared <br />James D. R ley and Sharon J. Riley, u U <br />nan-f.:ol ... R-fl""y ..nrl 1 ""Ann"" M 'Roll",,)' (..1,.,-, 1 t:>t"nn M lHlpy) nu<;.n:1nrl..and.......w.i.i.e.- <br />~~.~e ~~:; 10 be e1::C~I~r~~;~s~.~~::d~: ve;~~~~e; al~ea~~r~~~~ng ACknOWIC~grt and Trust Deed. and acknowledged <br /> <br />(SEAL) ~ 1-~Jou.""1 . ,.;i4~l(!-L <br /> <br />~ a... ... 11. _ Ii \"pa or pnnlllafe unoer algnatule/ <br />My comm...lon expir 11>.. No'o', Pubhe ,n and 10' .o,d Coun.y and Sto'. <br /> <br />;; <br />'" <br />'" <br />.0 <br /> <br />-, <br />K~_"Vl <br />I <br /> <br />I <br />).. <br />I <br /> <br />JfdZ'-!'_'L-_gL..zj;~-- -~--- <br />teAnne H, Ri~ey :; <br /> <br />;;; <br /> <br />i <br />z <br />. <br />i <br />. <br />z <br />1 <br /> <br />~ <br />~ <br />o u <br />;; w <br />2~ z <br />Il.l Vi aJ .. <br />. 0"" <br />c .,.l :lO t: <br />~:;-~ <br />8.~ ~ ~ <br />i~~] <br />