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<br />88-105380
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<br />(111 North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska,
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<br />TOGETHER with and including all and singular the tenements, heredita-
<br />ments, appurtenances and privileges thereunto belonging or in anywise
<br />appertaining, whether now or hereafter acquired, which shall include,
<br />without limiting the generality of the foregoing, the following:
<br />
<br />All of the rents, issues and profits, includin~ all rents, royalties,
<br />bonuses and benefits under any existing or future oil, gas or mineral
<br />or other leases; all easements and rights of way; all rights of
<br />homestead and homestead exemption and any surviving spouse's marital
<br />or distributive share, and all other contingent rights in and to said
<br />premises; and
<br />
<br />All fixtures, improvements, buildings, and the plumbing, heating,
<br />ventilating and lighting systems and equipment thereon; all of which
<br />shall be construed and considered as affixed to and part of the real
<br />estate.
<br />
<br />All of the foregoing estate, property and interest hereby conveyed to the
<br />said Trustee is hereinafter collectively referred to as the "Property".
<br />
<br />TO HAVE AND TO HGLD the same unto the said Trustee, his successors and
<br />assigns, forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly
<br />granted unto the said Trustee, his successors, and assigns for the purpose
<br />of securing:
<br />
<br />(a) The payment of Trustor's just indebtedness to Beneficiary in the
<br />principal sum of Twenty Thousand and NO/IOO Dollars ($20,000.00) for money
<br />borrowed, with interest thereon, all as evidenced by and in strict accor-
<br />dance with the terms of that certain promissory note, hereinafter called
<br />the "Note", bearing even date herewith made payable to the order of Benefi-
<br />ciary, executed by Patricia Ann Lyons and Leonard Lyons, wife and husband,
<br />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
<br />principal or interest or in the performance of any covenant, agreement or
<br />warranty contained in this Deed of Trust;
<br />
<br />(b) The performance of each agreement, covenant and warranty of
<br />Trustor herein contained or set forth in the Note or any agreement or
<br />instrument executed by Trustor in connection with the indebtedness hereby
<br />secured; and
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<br />(c) The payment of any sum or sums of money with interest thereon
<br />which may be hereafter paid or advanced under the terms of this Deed of
<br />Trust.
<br />
<br />NOW, THEREFORE, TO PROTECT THE SECURITY OF THIS DEED OF TRUST, Trustor
<br />does for himself/herself and for Trustor's heirs, representatives, vendees,
<br />successors and assigns, the owners of said Property, hereby expressly
<br />covenant, agree and warrant to and with the Trustee and BenefiCiary, and
<br />their successors, vendees and assigns:
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<br />FIRST: That the Trustor hereby covenants and agrees, to the extent
<br />permi~by law, as follows: (a) to pay promptly when due the principal
<br />and interest and other sums of money provided for in the Note and in this
<br />Deed of Trust; (b) to promptly pay before delinquency all taxes, assess-
<br />ments and other charges imposed by law upon the Property, the Trustor's
<br />interest therein, or upon this Deed of Trust or the Note; provided, how-
<br />ever, that in the event of any change of the law providing for the taxation
<br />of deeds of trust or debts thereby secured so as to affect this Deed of
<br />Trust, the entire indebtedness secured hereby shall at the option of the
<br />Beneficiary become due and payable; (cl to keep the ~bove-described
<br />Property and the improvements thereon in good condition and repair and not
<br />to commit or suffer waste thereof, and except as authorized in any schedule
<br />annexed hereto and forming a part hereof, (d) to maintain and deliver to
<br />Beneficiary policies of insurance against such hazards on the buildings and
<br />improvements now or hereafter located on or constituting a part of the
<br />Property as the Beneficiary shall require, in such companies and amounts
<br />and with such loss payable clauses as shall be satisfactory to the
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