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85.E 000903 <br />'I ills made a.. of the <br />IH 85 _ . 21st day 1•f _February. <br />, ben.,•1 o Ronald .0 _ichoole <br />y and - Carol. A School <br />Schle._ - - <br />Y,- hustand -_and wife <br />as'I'rustor. John E. Samson - _,_ <br />asTnruve and HRM,- Inc.,_1638- Lincoln Street.. ---- - -' --- - -- -' <br />-- --_ � _Blaiz.>_iYebxaska___hgOQg_____ ' <br />as ir•neftruu.v - --- ___. <br />That Truster irrrvlx air! ' W I T N E S S E T H: <br />prv,perly: y Krunts. transfers and assigns to Trustees in trust, with Ia,wer of sale, the following described <br />A tract of land comprising part of the Northeast Quarter 1 <br />Township 10, North Range 11, West of the 6th PM, Hall Count <br />described as be ( /k) of Section 22, <br />Section ginning at [he Northeast corner of the y' Nebraska, more particularly <br />thence Southerly along and upon the Easterly boundary Quarter (ist of said <br />208- 711100 Feet, thence Westerly parallel with the Northerly boundary line of said Section <br />for a distance of 208 - 71/100 Feet, running thence Northerly Y line for a distance of <br />said Section for a distance of 208- 71/100 Feet thence the <br />runnin thence Easterly Parallel with the Easterly line of <br />7,03-7 eet rn cry along and upon the Northerly Northerly boundary line of said Section, <br />R ce..nnarr oz be >nn Y line of said Section for a <br />and rights of way ` le eafter acquire in and to said property and in and to: (a) all ea,ene•r,tf <br />K Y appurtenant thereto; and b <br />appurtenances now or hereafter placer) thereon, it t>cing intended and agreed that all classes of property attached or unattached, <br />1 . all buildings. structures, improvements, fixtures, equipment, furnishings and <br />other than consumable goods, used or to be Isbell in connection with said property, <br />part of the real property that is conveyed hereby. Truster agrees to execu and deliver) fromltime to time, such furtherrinstru <br />Pnipe as may be reyuesteel by Beneficiary to confirm the lien of this Dee,1 of Trust on any of the aforementioned property. The <br />property su cnmeyrd to Trustee hereunder is hereinafter referred to as •such property <br />The 7 rustor d absolutely <br />by t t s and iof Trust- grants, transfers and assigns to Beneficiary the rents, income, issues, and profitsof <br />all property covered by This Deed of "frost. <br />FOR Tilt, 1,111titiONE OF Sp UltING: <br />1. i'ayrllent of the principal sum of .Fifteen Thousand Five <br />ilalamounrnpronliss „rynuledateuu eve” (ate promisoryNote"lintheuriginalpce <br />cquilamountuf$ _15e550.10 KinaI need <br />rwm, late charges. and prepayment twneses according to the terms of the Promissory Note and all renewals, extensions, and <br />-_ issered by'I'rusltrr and payable to the order of Beneficiary, together with interest the• <br />r Loon, late O s I henrrf. <br />2. Performance, discharge g K <br />t'l•ferecur or eonany pi rt I her eo in any other security agreement or dec4l oftrust at any t irnegiven tosecure any indebtedness her - <br />Keo and compliance with ever obli ation, covenant, and agreement of Trustor Incorporated by <br />eby secured. or any part thereof. <br />R. Payment of all fees and charges of Beneficiary, whether or not set forth herein. <br />TO PRO'fE('T THE' SECURITY OF' "ll'S DEED OF TRUST, TRUSTifiR COVENANTS: <br />Tilly. That it is lawfully scizeni and Iarsbess/.rl Ida good and indefeasible title and estate to such property <br />n i!I forever warrant and defend the title thereto against the claims and demands of all persons whosoever; that it will, at its <br />,•r {n•nse. maintain and preserve the lieu of Ibis Iteetl u p perly in tee simple and <br />t Trust as a first and puranuarnt lien lipon such property. <br />1. mane r r air)' To keep such pru{a•rry in yttaxl cundlr u,rl and repair: to cuogrle4e ur reslurn promptly and in geartj and teurk- <br />manhkt' rnanu, r any buildrutt w hick Hues he eon o,"I t- eldIl l maKed or des <br />IN•rforu,eli and materials furol,hee! Ihere fit slut for [raved t hentirn and G, pay, when due, all claims for latarr <br />cuvernlK,aiei prerniacs: tocorli rl • with my ; illoraliurtsthert„ f,tncuniph'withlheproviaiunsoue -all ltrancela,licies <br />,ru re 1 y all lows, ordinances, <br />1 { r c not to remove, derm,illi g lo- fir xtra alter any huildinl . „r the rhararter ur use thereof at any time thereon; not to drill <br />regulations. rovonanla. conditions and restrictions affecting such <br />„r extract nor b, permit the drilling for nr o.vtraction u(urL <br />flee <br />written I Son of law; of ; lo,loiriary i, lira had and uhtatilt•if; not to eornnrh „r permit anv wastes Sir any many act upon such ern <br />gxs lo' other by rfrocarla,n substances ur any mineral ul any kind unless <br />city in viofat tun of law; d, do uH of her act, i n a 1 uuoly :41111 proiler Mangler w <br />reasonably II -emery to proler•t and preserve, , hi,'h frarn the eharacteror u.,e•uf such property muy' law <br />('on,Irur Itun of aid sccunl }'• the .pecifie enumerations herein not excludin <br />Improvement:.: '1'o rurnplele in g,aal and w nrh-nrar,like manner any building or imlrro en eel general, <br />repair <br />rrtal erg thrrew which n!ay t11• begun un sorb ,ru ,cri <br />hatnlilier incurred Iherefur, and nut to permit any rnceh:ulie''b lieu :et ainst sorb ,ru „• <br />1 properly ehcnnlenlplalc,l t,y the loan secun•,1 hereby, to pay w'hrn due all costs and <br />17e•r•il of 'l rest to Ili• ennlrary notweth:.t:uidrng tat •u <br />{ r mp11}' cm11 +no'I'll- work and LI Trumor <br />hvip ler>. d unit {I,ruut IIIIs <br />it roi. pU >'. 1 hl �o c„ ring lo, sarrl!' it' acrurd:uIs- with plan, will x n•cifu';el inh, : . <br />lean., of auv building lu;en aKrr, mcnl bet wr, n 7 r11sr „r I e;uppr,ised I i <br />tunes during eon,.IrucUon, and le) In replan anv wv,rk ur' muleriuls unsatisfactory to -11-11icjdr+t tv 1,•Ilucompl }'with all u(Ihe <br />uul Beneficiary. lfl to allow IfeneGciarIr to mspoct such property al all <br />tv ralen nulil'e front lienefierary „f �ucll Gent. w'hu•h nut it o nuty Ile <br />kr,•r.co adds,•.,... „r toy per:.,vr:tl ,vrvrl'e of the r;nen IoTruslmr Ilv r. -gi lered ,trcerritfiredrnliail,:;entrto saftel <br />dlnr. <br />Fire and ('slushy In.uranre:'1•,, krl•p,ueh ,ro , • . <br />ur the a still•n of ItrneGei:tt'y shmlaf be In.,ur „d a +•dins), under ia,hries of iusw;mce •., uh Ll,s payable h, lien <br />1 ire 1.1 insure,) against Ims ur 1 : <br />aa11,unl• and rornpanies <br />i14.4 eptulrle to Beneficiary' Juid policies shall Ire• delise're',l fu and omutn in ia,i sto, 111 o, f Bt r I , 1 11 htrh. <br />flrrtbe•r 4r•euriry fir the fanhGil perGrrm;ei11',' of these uldi t In tars' ui ftn'ur. <br />lie•nefll'nu l' lu all rights Ihercuridt'r, rnrludtoK all let urn prcmiunla, ll, iloliver In Item firl:41'Y a Ia,n it or puhe'n• wry as <br />Kuliuns, which febvr'ry hull run:,hWte an a„ignnter,l by Tru,lur to <br />extrn,ling df,Y vsrvir' "I" ul,nrnnl'4 w ith n re, eipt +hurt en e , <br />fail, In w, deliver any renewal Iad11 11w. Br l,l k { rrmilnns pail al Iru,t Ihn t� Glti Ill-fort, icicle nlK ur <br />fill,• thereon, which (uegrae nl i.ti rayrual,h orrdernarl,1ie)' {u'switr,'s�r� nl,urun, e us rt nun ,•le,,ltaml rtiuki�rtraltnn. I /'I'ru,lur <br />t.41olrly sil'.Ir in,ur;t[” l• I Noitl11'r •I'ru.tt a nor Bcnl, I ayrm'nt ,f preen <br />Ii, -fir fu,ury. frl,nt t In lone fi, i;u t -hall L,• respmnsIf <br />;fmrnr11lum,•,nr11Lu11 n r ul. +t An'ol,11h'i ,le furul,fanune:l,r nl:un <br />"JI' r ,rr IS ;I 'un'rt,nr:uu, ,,g, nrv,n rompWty.or:uryolt <br />rrn.etunl,ll, rd fr „m my ntra,ran•',' i.ul I..$ III, I"I.fmrr I(, lit, rr•,I tin ItrluGl lars par >u•41,t inv ee m. • +lilt any <br />rrineii„ h.n e,un,lherl {, Ir'rllcr�•uu ant <br />t• Ihr lull Ior nl, r ,Ip Y It, nm, „nr,nl„ 1 , lL, h, r „u,lll t ha- urrurl'erishull lien, hrlarc <br />t ,';II Iffe vrr „- (. 1• , .sorb fir n a,a, , <br />•lt ,'.!ril 1 I, I.111•) I•I Ifl'I,r, l IIr 111,,lI I.II '1111 f•f II .I I, • „rll,if'- 11;'hI1"'It :I nl'1'. 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