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The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower, together with all the improvements, now or hereafter erected on the property. and all easements, rights, appurtenances. rents, issues, profits, crops, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions "I also be covered by this Trust Deed. All of the foregoing is referred to in this Trust Deed as the "Property," FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained and the payment of the principal sum of SIXTY THOUSAND AND NO /100 - - - - - - - - Dollars (S bU.UUU,UU as evidenced by a promissory note blearing even date at the rates of interest thereon which may hereafter be paid or advanced under the terns of this Trust Deed; both principal sum and interest thereon being payable according to the terms set forth in said promissory note, reference to which is hereby made, atthe office of the Beneficiary in Omaha. Nebraska, or at such other place as the holder may designate in writing, the final payment of principal and interest, if not sooner paid, shalt be due and payable on the I st day of February XA2001 Trustor and Beneficiary covenant and agree as follows: 1. WWto tefTI s.TrusiorisiawfuliysaiWofthe Property :Treetorhmgoodfight and lawful authoritytoseN and conveythe Property; the Property is free and clew of Ali liens and encumbrances except liens now of record; and Trustor will warrant and dell id the ddeto the Property unto the Trustee and its successors and assigns forever. against the daimsof all persons. Trustor, at Its expense, will maintain and preserve the lien of this Trust Deed as a lien upon the Property subject only to encumbrances existing as of the date hereof, will cause this Trust Deed, and each amendment or supplement thereto, to be filed And recorded as a lien on the Property in such manner and in such place, and will take such other action As in the opinion of Tnalee may be required by arty presentor future law in order to perfect, maintain and protect the lien of this Trust Deed. se the same may be from time to time amanded or supplemented. 2. Papa es of PrkVO4 ai and lrlfereet Trustor stall punctually pay the principal of, and interest on, said promissory note Inctud" sty Www" ee thereto As provided herein on the dat" and At the place and in the manner provided therein and will Punctually perform all agreements. conditions and provisions of any other security inatrument given in connection with this translation. I PreaweaaN a" 11118MNMMOe of Pr"mmV. Trustor will not commit any waste upon the Property and will, at all times, nakltsin me same, in good order And condition and will make, from tiro to 111118, All repairs, renewals, replenntenta. adamonsand Improvements which are reasonably required to prevent waste, irnpaifm*nt. or deterioration of said Property. No bu"fill or ImpremiWMM now Of hereafter erected upon IM Property shall be altered, removed or demolished without the Prior is lisp consant of aeheficimy. i1. Damage 10 ►lMmb• in case of any damage to, or dggVuction of, the buildings, improvements or personal property O M MAing Part Of the Property, WM1ner Such iOM is covered by insurance or otherwise, Trustor. at its sole cost and etmpehse, wiq Prompny real ore . repair, replace and rebuild the same as nearly, as practicable to its Condition immediately Prior tO e— 611001110 of dapMUChOn Of with such Changft and allwationa as Trustor may deem appropriate, provided such Ctidne" And tNtertlioM 00 not mater"y k"W tea vNua And utility of such buildings. improvements end Personalty from that us 011" *"Mal emery Prior to such damage or degumbon. Truator snail be entitled to reimbursement hom the Trustee tD tf18latent of"net insYranCe WOCeeOa r •ived by Trust", but only to the extent of the actual sum extended Under -,his crtmelw+. i