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IN DEED OF TRUST 85-005957 TM OFTItsTifi=mkthis _ 2ND dayof December 85— �Tnotr, JERRY L BE'NKER AND ANN m SEWER husband and wife Al4810 It 'SAA M4 ATTORNU AT LAW Ableesss " Trmse L and *e s, "ONE FECIPAL SAYWW i LOAM A29MAIM OF 4Mm w4w lyE a 1 Owd aed�s irrd�ader.dtelawsoi NEB11AERA whoseaddirmis M AOM LOCUST P. O. WX IM 1RAMM NE •NMI lberess- Lmaet• „1. 20 . a oeegid111106oe of the ids herein( recited and the trust herein created, irrevocably grams and conveys to Tnt se. in U-1, wide Ix a efsbk, the 108 —lug described property located in the County of HALL State of Nebraoka: THE SOUTH ONE HALF (S') OF LOT EIGHT (6) AND ALL OF LOT NINE (9) SITUATED ON THE WEST SIDE OF THE WEST PORTION OF KUESTERS LAKE LOCATED ON THE EAST ONE HALF OF THE SOUTHWEST QUARTER (E1SW,' -,) OF ScCTIGN THIRTEEN (13), TOWN- SHIP ELEVEN C), RANGE NINE (9), HALL CDUNTY, NEBRASKA_ "This Deed of Trust is giver to secure a Chattel Promissory Note the security for which is all personal and chattel property located upor said Lot, and all Of our interest and ownership in the common stock of Kuester Lake, Inc.” which lua the address of #21 Kuesters Lake Grard Tc)and (STREET) (CITY) Nebraska E6601 (herein "Property Adams "); (STATE& ZIP LADE) 7nGE73Mt with ail the itadx•ovements now or hereafter erected on the property, and all easements. rights, appurtenances, rents (snbjact however to the rights and authorities given herein to Lender to collect and apply such rents), royalties. mineral, oil and gas rights and Gr'OW way, wOo rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including repacentem s and addition decrees, shall be dowsed to be and remain a part of the property covered try this Lead of Trust; and all of the foregoing, together with amid Peatparry (or the kenchold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property "; TO SEICUM to Leader(a) the rtpaymet of the indebtedum evidenced by Borrower's none dated _ December 2. 1985 Nesaio "Nisio.inthexincipalsmmof _FORTY THOUSAND AND ND/ 100 ---- ----- ------ -- - --- Dollars. wuhie lsomditerc0n, providigg for aanthh• iasta lmemu of principal and interest, with the balance of the indebtedness. if tot sooner paid. doe ass p I "Pon —_� anuar v 1. 2001 ; the payment of all other sums, wift imawmttheeon, advanced in accordance herewith to protect the security of this Deed of Trust; and the WOOMMM of lmrrrorrar herein (contained; and (b) the repayment of any future advances. with interest thereon, performance mega to Borrower by (Leader Ps iventaa, ignph21 bweof ;herein "Future Advaum ). Bossoaar — weeets that Am~ a lawfully scuffed of the estate hereby conveyed and has the right to grant and convey the Property. that Me 1 MPMY is tmasomabaed, and that Borrower will warrant and defend ge neraAy the title to the Property .against all claims and 11111111010116 10 any ,dtd11feboets, comments of resttubons listed in a souk of exceptions to coverage in any title insurance policy is haft Lasdr's isseteat fa the rroperty. l "PORii[COYF.NANTS, BcrrOwc and Lender coven m and agree as follows: 1. ft atuel of lslan4el mud i @bwm . Barrowea sha8 promptly psy when due the principal of and laminae on the indebtedness evidenced by the NOW }apayamtat ad lugs akagas as provided :in on Nee, and the primpal of and imagist on any Future Advances second by this teed of TMK. L Heat gar T oMse r is snmeae. Subject to applicable law or to a wrfttat waive by i e rider, Borrows %hail pay to under on the da) aostllly 1100910sa t of lisiecipd aund hisses( we payable under the Note, until the Note is paid in full. a sum (heroin -Funds -) plug to ore.. twerMth of tfse leanly even rind aaaorereeumis which may attsuin priority ova this Deed of Trust, mad ground rents on the Property, if sty. plus one. twdfigtstf "Wit geuret M anthill mu foe bsmd iatnsrance. Phu one - twelfth of yearly presnium isetallmems for mortgage fnsuramce, if any, all a r'aM Will atitsalad initisay tad Iran time to time by Lender on the basis of assweinca s mod lads and raeweabie estimates thereof. Tie Pe eds AM be held to at mNaeLlice the deposits or amounts of which are insured or guaranteed by a Pedestal of state aleK+cy (includctte 1awdK B Laeder r such at Awitaiom). l.emder shell apply the Funds to pay soot Lases. assexmtemts, lrnsuranca premiums and ground rents. Lasdar aaq anst charge fee so hisidhmg and opplymeg taw Funds. analyzing said account or vvnfYtnl and MMItits sod assessments aline Mis. mmb m LA Mr gays Owtowm taupe on the Fends and appl uabk saw permits 140Mt to make soh a charge, lkurowar and (.enter may eytre v in 'snUrtgat the UM of eta^utum of this DoW of Truitt that i wcm (m the Funds shall he paid to lkwtowv, and unless such ag""nent as made jar M