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n=n OF 7AUST -r 003
<br />by and among - ° r M v 03 IJcrar� Tnr
<br />TLNSp�OFTilU61`.taeWthis I•,a tlayof 19 -Sb- -•
<br />7 Anv 70� (City) D=4 o
<br />.
<br />whole mailing address; is i51h•`1— •�'�-� a
<br />bras fhwein " Trustor'l: and Bank_of Doniphan who"
<br />MIA" 04 ZIO
<br />118 -1.20 Plum Street iCiM Donivhan _(State and zip) Nebraska 68$32
<br />i
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<br />The Sou -16- st Quarter of the Southeast Quarter (SVhSE:k) and the Southeast Quarter
<br />the Southwest Quarter (SBkSth) of Section Two (2), Township Nine (9) North, Range
<br />Ten (10) West of the Sixth Principal Meridan, Hall County, Nebraska.
<br />nd ' gai<nk of i3oni �h� -
<br />whose mailing address Is Mtreet) 1 18 -120 1 ,m St'
<br />,ri DoniPhan (State and zip) Nebraska 68832 , (henyin'•seneficiary.)-
<br />FOR VALUABLE r CONSIDERATION, r isc transfers, conveys, indebtedness
<br />assigns i0 to Trustee, N TRUST WITFHPOi�E created: OFF SALE. treceipt
<br />u pthe benefit which s�ecur
<br />_.:_.w�. i Atiert to im terms and conditions of this Deed of Trust, She real Property described as follows:
<br />of
<br />and
<br />(See additional legal attached)
<br />TOGETHER WiTH, all rents, profits, royalties, income an' other benefits derived from the real property; all leases or shrbleases cove. :0 the real
<br />property or any portion tom• now or T as or hereafter acquire in the real interest property; all easements, rights- of- waYtatme Or
<br />other cl MMS. born to law and in equity, P party:
<br />meals, Mr+ditallimM and appurtenances thereof and thereto; all oil and gas rights and profits, water rights and water stocky; all right, title rnd
<br />interest of Trusts; now owned or hereafter acquired, in and to any land lying within the right -of -way of any st•eet or highway adjoining the real
<br />property, any and all buildings, fixtures, Improvements, and appurtenances now or hereafter erected ihereo.: or belonging thereto, (herein
<br />ra(srred to as Improvement" or Improvements "): and any and ail awards made for the taking by eminent domain, or by any proceeding or pur-
<br />Gwe in tiou thereof. of the whole or any part of the real property.
<br />All of the haregoing estate, property and interest hereby conveyed to Trustee herein collectively referred to as the "Property ".
<br />THIS DEED OF TRUST SMALL SECURE Two vrrndre Thnncand and NO/
<br />(a) The payment of indebtedness evidenced by Trustor's note of even date herewith in the principle sum of 100
<br />Dollars 4$ 200,000-GO 1, together with interest at the rate or rates provided therein, (herein, together with any and all
<br />remwals, modifications, and extensions thareof, referred to as the "Note ") both principal and interest on the Note being payable in accordance
<br />with the terms set forth therein, reference to which is hereby made, the final payment of principal and interest, it not sooner paid and if no
<br />renewals, modifications or extensions are made, due and payable on
<br />(b) The performance of each agreement and covenant of Trustor herein contained; and
<br />(c) The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this Deed of
<br />Trust.
<br />idl The payment of any future advances necessary to protect the security or any future advance made at the option of the parties; and
<br />(a) The performance of an obligation of any other person named in this Trust Deed to a beneficiary_
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR HERESY COVENANTS AND AGREES AS FOLLOWS:
<br />1 e1 rrkm*wl sad hd~. Trustor shall promptly pay when due the principal of and interest on the indebtedness evidenced by the
<br />NOW and iW otim charges and leas as provided in the Note, and the principal of and Interest on any Future Advances secured by this Deed of Trust and has
<br />2 wa rm"Of Toe. Trustor is lawfully seized and possessed of good and
<br />r of all end title and
<br />encumbrances the Property now of conveyed Trustor
<br />the r% M w grant and convey the Property; the Property
<br />will warrant and defend the title to the Property against all claims and demands.
<br />3 liafa�NlMOeaM/Cer+/I a wllh Laws. Trustor shall keep the Property in good condition and repair and shall not commit waste or permit
<br />hrhpairnheht rt11111" ri COM Ri the Property and shall comply with the provisions of any lease if this Dead of Trust is on a leasehold. No improve -
<br />tnerrt, air heretller iMeCtld the Property shah tb altered, removed or demolished without the prior written consent of Beneficiary. Trustor
<br />shah ognply with all laws, ordinances. regulations, covenants, conditions and restrictions affecting the Property and not commit, suffer, or Per•
<br />mlt shy act he done in or upon the Property in vbtation of any law. ordinance, regulation, covenant, condition or restriction. Trustor shall com-
<br />pise or restaepromptly and in good workmanlike manner any Improvement on the Property which may be damaged or destroyed and pay, when
<br />due, iNloleiRre 1oi iNsor performed and Tnaterials furnished therefore and for any alterations thereof.
<br />♦, Msrrsaros Trwtor, al its expanse, will maintain with insurors approved by Beneficiary, insurance with respect to the Improvements and per-
<br />o, eonstRuling the Property, against toss oY fire, Ilghtning, tornado, and other perils and hazards covered by standard extended
<br />soviet
<br />sonal ge ertdorsanertt, in an amount squat to at least one hundred Percent of the full replacement value thereof and insurance against such
<br />other hazards and in such amounts ss is customarily carried by owners and operators of similar properties or as Beneficiary may require for its
<br />protection. Trustor will comply with such other requirements as Beneficiary may from time to time request for the protection by Insurance of the
<br />inlorsg% of the reepsctive parties. All insurance policies maintained pursuant to this Dead of Trust shall name Trustor and Beneficiary as m-
<br />surds as then aspsCtlw interests may appear, and Provide that there shall be no cancellation or modification without any less than 15 days
<br />Prior written nWNication to Trustee and f5eneflciary. In the event shy policy Hereunder is not renewed on or before 15 days prior to its expiration
<br />daM, TtuNee or (iertefteiary may procure such insurance In accordance with the provisions of paragraph 7 hereof. Trustor shall deliver to
<br />sensficiary the ixiglrhal polieles of inauranee and renewals thereof or memo copies of such policies and renewals thereof- Failure to furnish
<br />suchh insuranpbyTrustor, or raahavals ss required hereunder shall, at the option of Beneficiary, constitute a delault.
<br />5 Tom, aa1lNrAa, narA Clhar/ea. Trustor shall pay all taxes, assessments and other charges, including. without limitation. fines and im-
<br />positions attributable to Ihe PtOpsrtY, and leasehold Payments or ground rents, it any, belore the same become deliquent. Trustor shall promptly
<br />thxthiah to bneficiary all nohYes of amounts dye under Ina9 paragraph, and in She event Trustor shall make payment directly. Trustor shall Prompt-
<br />ly furnish to 8erieticiary recelpte evidencing such Payments. Trustor shall pay all taxes and assessments lnp may be
<br />thew whole orupon
<br />any
<br />Ber-e wary's interest Herein 01 upon this Deed of Trust without regard to any law that may be enscted imposing
<br />part thereof upon the Beneficiary
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<br />7"A�i
<br />L. J
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