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84 ~)G0722
<br />(b) the repayment of all other sums, with interest thereon, which
<br />may heretofore have been or hereafter be advanced by Lender to
<br />Trustor or Trustor's successor in interest or Trustor's succes-
<br />sor in title;
<br />{c) the repayment of all other sums, with interest thereon, ad-
<br />vanced in accordance with this Trust Deed to protect the secur-
<br />ity o€ this Trust Deed and the performance of the covenants and
<br />agreements of Trustor set forth herein; and
<br />(d) the repayment of any future advances, with interest thereon,
<br />made to Borrower by Lender pursuant to paragraph 18 hereof,
<br />(e} the repayment of any other indebtedness of Borrower to Lender,
<br />including any and all loans or lines of credit, whether said
<br />loans or lines of credit are due in installments, periodically,
<br />on a revolving basis, or in a lump sum, and whether said loans
<br />or lines of credit result from the direct disbursement, over-
<br />draft, continuing commitments alone, or any other basis (THIS
<br />PARAGRAPH SHALL NOT CONSTITUTE NOR OTHERWISE BE CONSTRUED AS A
<br />COMMITMENT TO MAKE ADDITIONAL LOANS OF ANY KIND OR IN ANY
<br />AMOUNT),
<br />all of which indebtedness is herein referred to as the "Indebtedness", Trustor does
<br />hereby irrevocably grant and convey to Trustee, in trust, with power of sale, the
<br />following described property located in the County of Hall, State of Nebraska:
<br />The southerly three-fourths of the West Half (W~) of the
<br />West Half (W~) of Che South Half (S~) of the Northwest
<br />Quarter (NW's} of Section Z5, Townshig 10 North, Range 12
<br />West of the bth Y.M., Hall. County, Nebraska.
<br />TOGETHER WITH (i) all the buildings, structures and other improvements now
<br />or hereafter erected on the property, and {ii) all fixtures of every type and descrip-
<br />tion now or hereafter found or used upon or appurtenant to the property or nay im-
<br />provement thereon; and (iii} all additions, accessions, increases, parts, fittings,
<br />accessories, or replacements, substitutions, betterments, repairs and proceeds of or
<br />to any or all of the foregoing; and (iv} all hereditaments, easements, appurtenances,
<br />rents, issues, profits, royalties in mineral, oil and gas rights now and hereafter
<br />pertaining t.o the property or any improvement or fixture thereon (all of the fore-
<br />going are herein called the "Property").
<br />'Trustor (except Arlene Aletteabrink) warrants and covenants that Trustor
<br />(except Arlene tfettenbrink) is lawfully seized in fee simple of the Property (subject
<br />to the life estate interest of Arlene Mettenbrink who, by joining in this conveyance,
<br />conveys her life estate interest in the property, in trust, to the Trustee in
<br />accordance with all of the terms and provisions of this Trust Deed), has the right
<br />and power to convey the Property, that the Property is free from liens, security
<br />interests and encumbrances, and chat Trustor (including Arlene Mettenbrink) will
<br />warrant and defend title to the Property against all claims and demands whether now
<br />existing or hereafter arising, and that ell buildings, improvements and fixtures now
<br />or hereafter located on the Property are or will be located entirely within the
<br />boundaries of the Proger[y. The foregoing warranties shall survive the exercise of
<br />the power of sale herein conferred and/or foreclosure of this Trust Deed and shall
<br />run with the Property.
<br />TRUSTOR FURTHER COVENANTS AND AGREES AS FOLLOWS:
<br />i. Application of Payments. All payments received by Lender as to any
<br />indebtedness or as to any other debt, liability or obligation owed to Lender by
<br />Borrower may be applied by Lender to the payment of the Indebtedness or to any such
<br />other debt, liability or obligation, in any order or manner of agg.lication which
<br />Lender, in its absolute discretion, deems appropriate. Unless otherwise elected by
<br />Lender, any such payment shall be deemed applied first to the payment o£ any debt,
<br />liability ar obligation other than the Note.
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