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DEED OF TRUST 87— 101598
<br />WITH
<br />POWER OF SALE
<br />THIS DEED OF TRUST WITH POWER OF SALE, made this
<br />day of March, 1987, by and among JAMES D. RILEY AND SHARON
<br />J. RILEY, whose mailing address is Route 3, Box 52, Wood
<br />River, Nebraska 68883, (herein "Trustor "); and the BANK OF
<br />WOOD RIVER, whose mailing address is 110 East 9th, Wood
<br />River, Nebraska 68883, (herein "Trustee "); and the BANK OF
<br />WOOD RIVER, whose mailing address is 110 East 9th, Wood
<br />River, Nebraska 68883, (herein "Beneficiary ").
<br />FOR VALUABLE CONSIDERATION, including the indebtedness
<br />identified herein and the trust herein created, the receipt
<br />of which is hereby acknowledged, Trustor irrevocably grants,
<br />transfers, conveys, and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Beneficiary,
<br />under and subject to the terms and conditions of this Deed
<br />of Trust, the real property located in Hall County, Nebraska,
<br />and legally described as follows:
<br />An undivided one -half (15) interest in and to
<br />the Southwest Quarter (SW14), and the Southeast
<br />Quarter of the Northwest Quarter (SEhNwh), of
<br />Section Twenty -nine (29), Township Eleven (11)
<br />North, Range Twelve (12), West of the 6th P.M.,
<br />excepting one acre of land in a square situated
<br />at the Southeast corner of said property as
<br />conveyed by deed dated 11 -27 -1893 and recorded
<br />in Book 22, page 150 and conveyance for road
<br />purposes of a seven foot strip running along
<br />the South side of said property recorded in
<br />Book 150 page 380 both in Hall County records.
<br />TOGETHER WITH, all rents, profits, royalties, income
<br />and other benefits derived from the real property; all
<br />leases or subleases covering the real property or any portion
<br />thereof, now or hereafter existing or entered into, and all
<br />right, title and interest of Trustor thereunder; all interests,
<br />estate or other claims, both in law and in equity, which
<br />Trustor now has or may hereafter acquire in the real property;
<br />all easements, rights -of -way, tenements, hereditaments and
<br />appurtenances thereof and thereto; all oil and gas rights
<br />and profits, water rights and water stock; all right, title
<br />and interest of Trustor, now owned or hereafter acquired, in
<br />and to any land lying within the right -of -way of any street
<br />or highway adjoining the real property, any and all buildings,
<br />fixtures, improvements, and appurtenances now or hereafter
<br />erected thereon or belonging thereto, (herein referred to as
<br />"Improvement" or Improvements "); and any and all awards made
<br />for the taking by eminent domain, or by any proceeding or
<br />purchase in lieu thereof, of the whole or any part of the
<br />real property.
<br />All of the foregoing estate, property and interest
<br />hereby conveyed to Trustee herein collectively referred to
<br />a ;S the "Property"_
<br />THIS DEED OF TRUST SHALL SECURE:
<br />(a) The payment of indebtedness owing and to be advanced
<br />by the Bank of Wood River to Borrowers, all as evidenced by
<br />Trustor's note or notes of even date herewith in the aggregate
<br />principal sum of THREE HUNDRED THOUSAND AND N01100 DOLLARS
<br />($300,000.00), together with interest at the rate or rates
<br />provided therein, (herein, together with any and all renewals,
<br />modifications, and extensions thereof, referred to as the
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