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DM OFn=T 35--.e 003430
<br />THISDEEDOFTRUgT.medattNS 16t-,idayof JuiV •19 1y ,pyandanrong Vernon D. &Patricia
<br />Bredthauer w� mailing address is (strut_ _fit • 1, Box " A.
<br />BB 6$$63 (city) 'n�ooci River
<br />(Nt� a<nd z" iha.el T Bank f D
<br />WAM"Oddro"isfftmq Box B
<br />n rustor h and O Onip}han whose
<br />(c ty) Doni Phan (State and zip) NE 688--,
<br />piwor ates
<br />n- Tn'a;seo Bank of Doniphan
<br />whose mailing address is (Strest) Box B
<br />trn Doniphan (StatsandTip) ?�E 68$3 ,(fierein••Bsnefloia
<br />FOR VALUABLE CONSIDERATION, including the indsbtednaas idantifiad herein and the trust herein created, the receipt of which is hereby
<br />ad— Tinto- ty
<br />of
<br />iry grants, tranatsrs, convlYl, and assigns to Trustee. IN TRUST, WITH POWER OF SALE, forth! benefit and sscur-
<br />subject to the terms and conditions of this Dead of Trust, the real property described as follows:
<br />See attached legal descriptiem.
<br />TOGETHER WITH, all rants, profits, royalties, income and other benefits derived from the real property; all leases or subleases covering the real
<br />tifopatY or any portion thereof, now or hereafter existing or entered into, and all right, title and interest of Trustor thereunder, all interests, estate or
<br />Dinar claims, both in law and in equity, which Trustor now has or may hereafter acquire in the real property; all easements, rights -of -way, tens-
<br />merits. Molitamatts and appurtenances thereof and :, arstO; all oil and gas rights and profits, water rights and water stock; all right, title and
<br />fnterost of Trustor, now owned or hereafter acquired, in and to any land lying within the right -of -way of any sheet or highway adjoining the real
<br />property, arty and all buildings, fixtures, improvements, and appurtenances now or hereafter erected thereon or belonging thereto, therein
<br />referred to as "Improvement- or Improvements"); and any and all awards made for the taking by eminent domain, or by any proceed
<br />chase in MW thereof, of the whole or any part of the real property. ing or pun-
<br />All Of the foregoing estate, property and interest hereby conveyed to Trustee herein collectively referred to as the "Property ".
<br />THI$ DEED OF TRUST SHALL SECURE:
<br />(0) The Payment of Indebtedness evidenced by Trustor's note of even date herewith in the principle sum of 1 Tits . 000 00
<br />Ddivi 1V '0� - —.-.), together with interest at the rate or rates provided therein, herein, t
<br />rafewifle rrwd'rtigtiorfs and extensions thereof, referred to as the "Note" both principal and interest on the Note being with any and all
<br />with the terms set forth therein, reference to which is hereby made, "line]
<br />p �4n� g Payable in accordance
<br />renewals, modifications or extensions are made, due and payable on 1 . —��yy� t of principal and interest, if not sooner paid and if no
<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 />r (d) The payment of any future advances necessary to protect the security or any future advance made at the option of the parties; and
<br />e
<br />te) 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 HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br />NOW and of Of Pdr4iW Mail hiNtON. Trustor shall promptly pay when due the principal of and interest on the indebtedness evidenced by the
<br />charges and tees as provided in the Note, and the principal of and interest on any Future Advances secured by this Dead of Trust
<br />2. Was MatMY all TOL Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property hereby conveyed and has
<br />VU right is grertt and COMPSy the Property; the Property is free and clear of all liens and encumbrances ex
<br />Will Warrant and defend the title to the Property against all claims and demands. except lien! now of record; and Trustor
<br />3. UmblUNor aa!l � w w1111 Laws. Trustor shall keep the Property in good condition and repair and shall not commit waste or permit
<br />insnt me* a hereafter deteri Property and shall cOmpfy with the provisions of any lease if this Deed of Trust is on a leasehold. No improve•
<br />erected upon IM Property shall be altered, removed Or demolished without the prior written consent of Beneficiary. Trustor
<br />stisti OOMPly with all taws, Ordinances, regulations, covenants, conditions and restrictions affecting the Property and not commit, suffer, or per.
<br />Or restore dons In Or upon the Property in violation of any law. Ordinance, regulation, covenant. condition or restriction. Trustor shall COm-
<br />. clairres f' atW tip workmaMAte manrfer any improvement on the property which may be damaged or and destroyed
<br />perfcxnied and materials fwnlehed thereftxe and for any ahteralion$ thereof. Y Pay, when
<br />> ,i 9ertY, OOnstltu! its aa, wile +naintain with Msixors approvvsd by Beneficiary, insurance with respect to the Improvements and per.
<br />Y, against toss by fns, tightning, tornado, and pilfer Pwlls and hazards OOvereo by standard extended
<br />! ertt, M an amount agora to at least tNfe hundred patent of tha full replacement value thereof and insurance against such
<br />eTitar ttata and in wol+ amounts as is custtxnarily carried by owners and Operators of similar properties or as Beneficiary may require for its
<br />Mtn NN " ar wfth ouch other requires amts as Beneficiary may from time to time request for the protection by insurance of the
<br />respective Pestles. All kiwrant» Policies maintained perswnt to this Deed of Trust shall name Trustor and Beneficiary as tn-
<br />• M atYSir relPective interests may appear, and provi0e that there seals be no cancellation or modification without any leas than 15 days
<br />Prbr eadbaf erotlf�atipn to Trustee and Beneficlery. In the everts arty policy hereunder is not renewed on or before 15 days prior to its expiration
<br />f !• Trwtss may prof we such inauranes M aOcorance with the provisiOns of par
<br />PoliclM o} Inswanq and renewals thereof or memo copies of such Paragraph r 7 hereof, thereof. Trustor strait to fum to
<br />1 by rustor, m renewals as required hsrsuitQer shall, al tine option a} Ber1efici Policies and renewals thereof. Failwe to tumish
<br />5• Taw. iW...al.eaa, sorts GterBes. Trustor shat) any, constitute a default.
<br />other ! PrOPSrtY, arm NaNhold P +Ymertt or ground rs� snit any before ha gees, including, without limitation, lines and Nn.
<br />i ve ale notes o} atraunts tlue urfda this paragraph, and in the event Trustor shall make Iquent. Trustor shall promptly
<br />so riatxlpts evidencing such payments. Trustor shall _ payment directly, Trustor shall prompt.
<br />• interu tfasin or upon tales Deed of Trust without regard to any law that be enacted smants which may be levied upon
<br />Part #fawn spat the Beneficiary. imposing payment of fM whole or any
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