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r 84 __~' 003660 r deflecting left 25031' and running southeasterly, a distance of six hundred forty-four and thirty-nine hundredths (644.39) feet; thence deflecting right 25021' and running southerly, a distance of four hundred twenty-seven and twenty-one hundredths (427.21) feet, to the South line of said Section Ten (10); thence westerly along the South line of said Section Ten (10), a distance of three hundred fifteen (315.0) feet to the place of beginning and containing 20.005 acres more or less; together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurte- nances located thereon or in any way pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including all such personal property that is attached to the improvements so as to constitute a fixture, all of which, includ- ing replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter referred to as the "Property." FOR THE PURPOSE OF SECURING: (a) the payment 0' indebtedness evidenced by Trustor's note of even date herewith in the principal sum of One Million One Hundred Eighty Thousand and No/100 Dolla~s ($1,180,000.00), together with interest at the rate or rates provided therein, or the principal and interest on any future advance not to exceed the total principal sum initially secured hereby as evi- denced by promissory notes stating they are secured hereby, and any and all renewals, modifications and extensions of such notes, both principal and interest on the notes being payable in accordance with the terms set forth therein, which by this reference is hereby made a part hereof; (b) the performance of each agreement and cove- nant of Trustor herein contained; and (cl the payment of any sum or sums of money which may be hereafter paid or advanced by Beneficiary under the terms of this Deed of Trust, together with interest thereon at the rate provided in the note. To protect the security of this Deed of Trust, Tru.stor hereby covenants and agrees as follows: 1. Payment of Indebtedness. To pay when due, the prin- cipal of, and the interest on, the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan instruments. ~ Title~ Trustor is the owner 0f the pr0perty ~nd has the right and authority to execute this Deed of Trust in respect to the property. 3. Taxes and Assessments. To pay, when due, all taxes, special assessments and all other charges against the property, before the same become delinquent, and, in the event Beneficiary shall so require, to add to the payments required under the note secured hereby, such amount as may be sufficient to enable Beneficiary to pay such taxes, assessments or other charges as they become due. L 4. Insurance. To carry and maintain fire and extended insurance coverage on the improvements now or hereafter located on the real estate in an amount equal to the reasonable insurable value of such improvements, by policies of insurance issued by responsible insurance companies authorized to do business in the State of Nebraska. Said policies of insurance shall contain loss payable clauses to the Trustor and the Beneficiary as their interests may appear. Trustor shall furnish to Beneficiary a -2-