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6 86-- 1 04444 commummancumn This Agronsent eeeres M Ills 11 . 0" area TW%oa. Dolor Maw... for ldnn Persons of poshest l.1Pr.•..•al. DEED OF TRUST ea area MW M4.11e 1. wkii lire Comelvedlem tlr..rly tals.l is gtvw. THIBD66DOFTRUaT guide this 31st day of :iuly It :36 .batwsea Everett M. Pool and Marlene Pool, luisband H wife aFi�rusTer Bank, National Association, Omaha Y Trusb% owl FirSTier Sank, National Association, Cnaha as BeaeftklarT. WITNESWH: Th"Ttastorir- -bly gaais, traaat• rsandsaaignstoTrua lsointrark withpowerafee le.tMlioikswinsdascribodpreparty: Lots Three(3) and Four.(4), in Block Thirty- eight(38) , in the Oriqinal Town, now City of Grand island, :tall. Court,.,,, ;debr.aska. together with all interest which Trustor now has or may hereafter acquire in and to said property and in and to; (a) all ease- ments and rights of way appurtenant thereto; (b) all tenem-nts, hereditaments, buildings, structures, improvements, fixtures, equipment, furnishings and appurtenances now or hereafter placed thereon; (c) all leasehold estate, right, title, and interatof Truster in and to all lease@ or subleases thereof or any portion thereof now or hereafter existing or entered into, and all right; title, and interest of Trustor thereunder, including, without limitation, all cash or security deposits, advance rentals, and de• posits or payments of similar nature, and (d) all mineral, oil, gas rights and profits, water, water rights, and water stock. Trustor agrees to execute and deliver, from time to time, such further instruments as may be requested by Beneficiary in form and substance satisfactory to Beneficiary to confirm the lien of this Deed of Trust on any of the aforementioned property. The property so conveyed to Trustm he nder is hereinafter referred to si "such property ". The Traitor absolutely and irrevocably grants, transfers and assigns to Beneficiary the rents, income, issues, and profits of all property covered by this Deed of Trait.. FOR THE PURPOSE OF SECURING: 1. Payment Of h f mhirr y night- r-n „G :,.: and 112 /100------- - - - - -- ( 0rinc0pa) l sum o =38 00 0 Dollars evidenced by the certain promissory note dated of even date herewith (hereinafter referred to as the "Promissory Note'l issued by F irsTier Bank, National. Agsn�_; a +- i . ,r�-j;a in said amount and payable to the order of Beneficiary maturing on October 29, 1936 together with interest thereon, late charges, and prepayment bonuses according to the terms of the Promissory Note and all renewals, extensions, and modifications thereof. 2. Performance, discharge of end compliance with every obligation, covenant and agreement of Trustor incorporated by ref- erence or contained herein or in any other security agreement or deed of trust at anytime given to secure any indebtedness hereby secured, or any part thereof. 3. Payment of all fees and charges of Beneficiary or Trastee, whether or not set forth herein. TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR COVENANTS: TITLE: That it is lawfully seized and possessed of a good and indefensible title and estate to all ofsuch property in fee simple free from any prior lien or encumbrance, has good right and lawful authority to convey the same, and will forever warrant and defend the title thereto against theclaims and demands of all persons whosoever, that it will, stitaexpense, maintain and pre• serve the lien of this Deed of Trust as a first and paramount lien upon such property. MAINTENANCE: To keep such property in good condition and repair; to complete or restore promptly and in good and workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay, whendue,all claims for labor performed and materials furnished therefor and for any alternations thereof; to comply with the provisions of all insurance policies covering said premises, to comply with nil laws, ordinances, regulations, covenants, conditions and restric- tions affecting such property; not to remove, demolish or materially alter any building, or the character or use thereof at any time thereon; not to drill or extract nor to permit the drilling for or extraction of oil, gas or other hydrocarbon substances, water, or any mineral of any kind unless the written consent of Beneficiary is had and obtained; not to commit or permit any waste thereof or any ant upon such property in violation of law; to do all other acts In a timely and proper manner which from the character or see of such property may be reasonably necessary to protect and preserve s aid security. the specific enumerations herein not excluding the general. CONSTRUCTION OF IMPROVEMENTS: To complete in good and workmanlike manner any building orimprovemenlor repair relating thereto which may be begun on such property or contemplated by the loan secured hereby, to pity when dueall carts find liabilities incurred therefor, and not to permit any mechnnie's lien against such properly. Truster also sgrees, any. thing in this Deed of Trust to the contrary notwithstanding; (a) to promptly commence work and to complete the proposed im• provemento promptly, (b) to completeasme in accordance with plans and specification@ as approved by Beneficiary. (c) to com- ply with all of the terms of any building loan agreement betweenTrustor and Beneficiary, theterms of which are incorporated herein by reference to the same extent no if fully net forth herein and made a part of this Deed of Trual. (d) to allow Beneficiary to inspect such property al all times during conotruction, and (e) to replace any wnrk or materials unastisfactnry to tlene- ficisry, within fifteen 1111) days after written notice from Beneficiary of such fort, which notice may be given to Truator by reg latered or certified mail, sent to his last known address, or by personal service of the some. VI-30 r