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DEED OF TRUST '
<br />THIS DEED OF TRUST, made this- clay al- _Atar;•1 ----- .1g3.t ..nyandamong -_Pt ilia -➢.. ' -n r'- _-__ ---
<br />Maxine Z_ Lowry Husband 5 Wiie.
<br />_��..---- whose mailing address is fStreell--- _2�_.':a.. J�Z�.`'_�,.A;a---._ 1Cilvi ._..,ri ?a2'�pn -•n_
<br />(state and Zip) BE _.. 68.831 ---- ._.._.. (troreir. "'Trustor";, antl 2$ts'_7`__s!. _i�!D.e'?.3.D- _.- ____ - - -- _ whose
<br />mailing address is ( Street)] ] $_J ; ,_121um_t_ -- fCfty) - ..- -.pp ;. tState and Zip) ---- _.__- 6u_4 _ - ^ -'r
<br />(Herein `Trusted'); and —, ------ Batik _of -.Dord iaT ----- __ -_.. whose mailing address is (Street! ___ 1 { 8 -1 ?Di P? TITS.
<br />Street _ (City)---- Dnniphan_ _ - - -- (StateandZipi __ i3E - _- ___._._ Yr8E3 -- - -_. therein "Beneficiary..!.
<br />FOR VALUABLE CONSIDERATION. including the indebtedness identified herein ano the trust herein created, the receipt of which is hereby
<br />adtnowiedged. Trustor irrevocably grants. transfers, conveys. and assigns to Trustee. IN "RUST WITH POWER OF SALE, 'Or the benefit and :secur-
<br />1�N of flciary. un r and subja t t tar s and conditions of this.D pl7rust ne tea property descjibed as follows:
<br />Tie SctuLheast carter �(5 ^c3 Section Twelve {1�) cn twnship Rln.e t9) North, Range Ten (10)
<br />West of the 6th P__ Hail ,nuntr, Nebraska, exceptin, therefrom that part thereof eonveved t:
<br />the State of Nebraska by Warrant} Deed recorded in Book 77 Tage 495 warranty Deed Record,sd in
<br />Book 177, Page 636, and Warranty Deed recorded as Document No. S2- 0163580; extepting thererrom
<br />A tract of land comprising, a Part of the Southeast Quarter. (SE4) of Section Twelve (10), Totimshin
<br />Nine (9) North, Range Ten (10) West of the Sixth Principal Meridian, Hall Count, Nebraska, more
<br />particularly described as follows: First, to ascertain the point of beginning, start at the
<br />the Southeast corner of said SE=a; thence runningg west.erl_>` along and uppon the South line of said
<br />SR14 a distance of Two Hundred Seventy Eight (278.0) feet to thie artuai point of beginning; thence
<br />continuing westerly along g and upon the Sq-uttt line of said SE;4 a distance of Si% Hundred Eight -
<br />(680.D) feet; thence deflecting right 90 D0' and running northerly a distance of Sit; Hundred
<br />Forty -One (641.0) feet; thence deflecting right 90o00' and running easterly, parallel with the
<br />South line of said SE',. a distance of Six Hundred Eights (680.0) feet• thence aeflecti:ng right
<br />91 X10' and run n- southerly-i� }}fit tance of 5iz HuZlldred -forty -One (641.0) feet to the Actuate Point
<br />o�T� er�t�,� it ie!'. the real property, all leases or subleases covering the real
<br />Property or any portion thereof, now orhereatter existing or entered into, and all right. title and interest of Trustor tnereunoer: ali interests. estate Or
<br />other claims. bath in taw and in equity, which Trustor now has or may hereafter acquire in the real property. all easements, rights-of-way, tene-
<br />ments, hereditaments and appurtenances thereof and thereto, all oil and gas rights and profits, water rionts and water stock, all right, title and
<br />interest of Trustor. now owned or hereafter acquired. in and to any land lying wlthir the right -of -way of any sleet or highway adjoining the real
<br />property. any and ail buildings. fixtures, improvements, and appurtenances now or hereafter erected thereon or belonging thereto. ;herein
<br />referred to as " Improvemani" or improvements -'1; and any and all awards made for the taking by eminent domain. or by any proceeding or pur-
<br />chase in lieu thereof. of the whole or any part of the real property.
<br />All Of the foregoing estate. property and interest hereby conveyed to Trustee herein collectively referred to as the "Property''
<br />THiS DEED OF TRUST SHALL SECURE
<br />(a) The payment of indebtedness evidenced by - Rusiors note of ever, date herewith in the principle sum of Miry T i t T',n :,can and
<br />58,000.00 no /100
<br />Dollars (S — togethe: with interest at the rate or rates provided therein, therein, together with any and all
<br />renewals, modifications. ano extensions thereof, referred to as the "Note") both principal and interest on the Note bemq payable in accordance
<br />with the terms set forth therein, reference to which is hereby made. the final payment of principal and interest i' not soone, paid and it no
<br />renewals, modifications or extensions are made. due aria p,, vabie on Marrh _10_,__' UCQ
<br />(b) The performance of each agreement and covenant of Trustor herein containeu". and
<br />(c) The payment of any sum or sums o' money with interest thereon wnicr may be nereahe, paid or advanced under the terms ;,, this Deed a-
<br />Trust.
<br />(d) Thepayment of any Wtureadvances necessaiv to protect the security or any future advance made at the option of the parties: and
<br />let The performance of an obligation of any other person named :n this Trust Deed to a beneficiary
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST. TRUST DR HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br />1. Piayreentof - Principal and Interest. Trustor shat: promptly pay whey: due the principal of and interest on the indebtedness evidenced by the
<br />NOW and all other chargers and fees as provided in the Note, and the principal of and interest on any Future Aovances secured by this Deed of Trust
<br />2. Wrrm"alTNN.7rustor is lawfully, seized and possessed of good and indefeasible title and estate to the Property hereby conveyed and has
<br />!fie right to grant and convey the Property, the Property is free and clear of all liens and encumbrances except liens now of record, and Trustor
<br />will warrant and defend the title to the Property against all clanns and demands.
<br />3. i %whvt wanoaand Compllerm witA Laws. 7rustoi shall keep the Property in good condition and repair and shall not commit waste or permit
<br />impairment Or deterioration of the Property and shah comply with the provisions of any lease if this Deed of Trust is on a leasehold. No improve-
<br />ment, now or horeafter erected upon the Property shall be altered, removed or demolished witnoul the prior written consent of Beneficiary. Trustor
<br />shall comply with at; laws. ordinances, regulations. covenants. conditions and restrictions affecting the Property and not commit- suffer. or pffi-
<br />mill any act to be done in or upon the Properly in violation of any law. ordinance, regulation. c✓:Enant. condition or restriction. Trustor shalt com
<br />plate or restore promptly and in good workmanlike manner any improvement on the Property which may be damaged or destroyed and pay, when
<br />due, all claims for labor performed and materials furnished therefore aria for any alterations thereof.
<br />4. (nauuarme. Trustor. at its expense, will maintain with insurors approved by Beneficiary. insurance with respect to the improvements and per-
<br />sonal property. constituting the Property, against toss by fire. liphtning, tornado, and other perils and hazards covered by standard extended
<br />coverage endorsement. in an amount equal to at least one hundred percent at the full replacement value thereof and insurance against such
<br />other hazards and in suet, amounts as 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 tot the protection by insurance of the
<br />Interests of the respective parties. All insurance policies maintained pursuant to this Deed of Trust shell name Trustor and Beneficiary as in.
<br />sureds, as their respective interests may appear. and provide that there snail be no cancellation or modification without any less than 15 days
<br />pilot written notification to Trustee and Beneficiary. In the event any policy hereunder is not renewed on or before 15 days prior to its expiration
<br />oate, Trustee or Beneficiary may procure such insurance Ir accordance with the provisions of paragraph ? hereof 'iustor shall deliver to
<br />Beneficiary the original policies of insurance and renewals thereof or memo copies of such policies antl renewals thereof Failure to furs Stl
<br />such insurance by Trustor, or renewals as required hereunder sna!i. at the option! of Beneficiary, constitute a default.
<br />5 Team, AlNMtMnta, and Charles. Trustor shah pay all taxes, assessments ano other charges. includmg. without limitation fines and im
<br />oceiliona atirtbbtable to the Property, and leasehnla payments or ground rents, if any before the same become cietioueni 7rUstor shall promptly
<br />fumtsn to Beneficiary all notices of amounts due under this parapraph and m the event Trustor Shai! make payment directly 7rU91or snall prdmol
<br />ly furnish to Beneficiary receipts evioencinp suc,, payments Truster snall pay all taxes ano assessments wnlcn may be. levied upon
<br />Beneficiary's interest herein or upon this Deed of Trus° without regard 1D any law that may be ena.^_ted imposinp payment of the wnolk O; any
<br />part thereof upon the Beneficiary
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