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<br />84 - 005369
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<br />DEED OF TRUST
<br />THIS D,EFfD OF TmiBJI'. _is ~de ~~of the --'P- day of ~ 198:L. .l>Y and among.
<br />,..~~ ~ ('~h~!a~~:>6_
<br />_J /~-' 'Y- flr~, J/d~h- :a~lir~';~~6~D(
<br />afiu @t1.M4- ~h 'J::Zy ~ ma1~niB~~~
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<br />FOR V ALUABLE CONSID€h~irrevocabIY transfers.con~ys and assigns to TrI1atee. IN
<br />. TRUST, WITH POWER OF SALE, for the benefit and security of Benefici8f1. under 8n<tl;!1....1 t.tfp theterma
<br />an.;pn5ijtions ofthia Deed of Trust, the real property located in the City of.,6:JL?" - ~ ~ounty of
<br />~ State of Nebraska; and legally described as follows (the "Property"):
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<br />/3:21. h~ -!~ ~ I ~ 1/J.:.- '.
<br />io:t-. /5", U!~ I/i&pu ~ ~
<br />-!f~ ~~. 68&01
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<br />TOGETHER WITa all rents, easeme~ts. appurtenances. hereditaments, mterestsinadjoining roaciat
<br />streets and alleY'. improvements and buildings of any kind situated thereon and all perBOn~ propertythatlJJllY
<br />be or hereafter become an integral part of such buildinp and improvements, all crops r8J8edthereon.andan
<br />water rights.
<br />The Property and the entire estats and interelltconveyed to the Truatee are referred.~ collectively as the
<br />''Trost Estate", - - - FOR THE PURPoSE OF~URlNG;
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<br />a. Payment ofindebtnesa in the totaJ principal amotml.o; ,~ o~ ~ \pereon. 8.@evidenced.bY
<br />that certain promiaaory note of even date (the "Note"') w; '''' maturity t!nte of ~ . J(J -~iP~ut8d
<br />by Trustor. which haa been delivered an~ is payab18 t.> :".e order cfBeneficiary, and wbich by thiareferenceia
<br />hereby made a part hereof, and any and all modifications. extensiol18 and renewals thereof, and
<br />b, Payment of allsUDlS advanced by Beneficiary to protect the Trust Estate. with interest thereon at the
<br />rate of ~ percent (~%) per annum.
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<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the paymentand
<br />performance of any obligation secured hereby are referred to collectively as the "Loan Instruments",
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
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<br />I. PAYMENT OF INDEBTEDNESS, Trus~r shall pay when due ~he principal of. and the interest on. the
<br />indebtedneaa evidenced by the Note. cha<ilee. feu and all other sums as provided in the Loan Instruments.
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<br />2, T.....XES. Trusl<>r shall pay eech installment of all taxes and special aueumenta oi every kind, nOW Qr hereatiar
<br />ievied againllt the Trust Estate or liny part thereof, befo", delinquency. without notice or demand, and shall prame
<br />Beneficiary with .vidence ofth. payment of same. Trua~r shaU pay aU taxes and aaaeaaments which me,. be levied
<br />upon Beneficiary's iuterut he....in or upon this Deed of Trust or the debtsecured hereby. without m.an! to any lawtbai
<br />may be enacted impoain. payment of the whole or any part thenaf upon the Beneficiary, . ,
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<br />3, INSURANCE AND REPAIRS, Trua~r shall mlUntain fift and not extended coveraie insurance insurini the
<br />improvements and buildings con.tituUn' part of the Truat Estate for an amount no Ie.. than the amount of the
<br />unpaid principal balance of the Note leo-insurance not exceedini 8O'll> permitted}, Such insul'llnce policy sheUcontain
<br />a standard mortgage clauae in fa vor of Beneficiary and .hall not be cancellable, terminable or modifiable without ten
<br />f 10) days prior wtitt.efl Mti~ to Bo!!!~fie~ry. T!"..!.etar shall promptly :epair. mwn.:ain and I"aplai:a the Tr\ist EitateOi
<br />any part thereof so that, except for ordinary wear and tear. the Truat Estate shall notdeteriorale. In no event shall the
<br />Trustor commit waate on or to the Truat Estate,
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<br />4, ACTIONS AFFECTING TRUST ESTATE, Trustor shall appear in and conte"t any action or pzvc:eedinc
<br />purportin, to affect the lIfI<:urity hereof or the riihta or powers of Beneficiary or Trustee. and shall pay all coats and
<br />expan..., incllldinll coat ofevidence of title and at~mey's f_, in any such action or proc:eeclini in which Beneficiary
<br />or Tr-YatH may appear. Shuuld 'I'r\iiWr fail to make any paym.ent or to do any act.M Mild in the m.ft~.' provi~<iin
<br />any of the Loan Instruments. Beneficiary andlor Trustee. each in ita own discretion. without obliietion so to do and
<br />without notice to or demand upon Trustor and without rele..ini Trustor from any obliiation. may make or do the
<br />same in such manner and to such elltent as either may deem n_Nary to protect the security hereof, Trustor shall,
<br />immediately upon demand thereior by Beneficiary. pay all coata and .xpan.... incurred by Beneficiary in connection
<br />with the exercia by beneficiary of the foretloinll riihts. includinll without limitation COSUl of evidence of title, court
<br />coats, appraisala, surveys and attorney'" f_. Any such coate and ex~nses not paid within ten nOl days of written
<br />demand shall draw interest al the deiault rate provided in the Note,
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<br />:i EMINENT DOMAIN, Should the Trust Estate. or any part thereof or interest therein. be taken or damaied by
<br />fea5Un of any ~i.ihlic improvement OT ronci.~m!'!.-ation ~!'",-,~~;ng. ~r i~ a~y ether menne! ind~=:..~; deed L."'llieu ofC>:indem-
<br />nation ("Condemnation "l. or should Trustor recive any notice or otherinfonnal1on regarding such proc~ng, Trustor shall
<br />give prompt wria.en llOQce thereof Ul Beneficiary, Beneficiary "hall be entitled Ul all compensation. awsrds and other pay.
<br />ments or reliei therefor, and shall be entitled al ita option I<> commence. appear in and prosecute in ite own name any action
<br />or proceedinllll, Beneficiary shall also be enntled I<> make any compromise or senlemen~ in connection with such taking or
<br />damace. All such compensation, awards, damage... rights of action and proceo:d.. awarded to Trustor (the "Proceeda.')..no
<br />e:ereby ~ed to Beneficiary "na Trustol apes to eucute a""h further aaalllnmer,l<l oi the Proc...ds as Benoti".ary or
<br />TrusUle may rtlquire.
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<br />6, APPOINTMENT OF' SUCCESSOR TRUSTEE- Bendie""y mu)', Irum tlmo to tune, by a wntl<<n malrUmen~
<br />executed and acknowledlled by Beneficlary, mBlJed to TrUlllor and Recorded In lh. Cuunty in wh.ch lh. Trust Estate is
<br />located and by otherwiu complyjnll Wlth the provisions ofthe applicable lsw "flhe Slute of Nehraeka aubs;itute a succouor
<br />or succea.ora to the Trustee named herem or actinc hereunder.
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<br />1, SUCCESSOIlS AND ASllIGNS. Ttus Deed ofTl'Ullt apph.. to, lOur.. l<llhell<!nelil of lInd lllnU. uU pl1~le. hereto,
<br />the.. heva, 18ll1-' devu,.., personal repreeentstivOll. suce_no and aM'gn. The term .'BenetiCll\l'Y" shall mean the
<br />owner and hold. of the NOla. whether or not named u Beneficiary herelD
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<br />d. INSPECTIONS. Benetic.uny, 0r ita ng~~Ul. r.preaen~b'Ye5 or workmen. .1.fe ~~ulbn.nl(.d tQ ,~ntt.'r at a,ny n"bt)na~)l~
<br />Ll.m~ upvn or Ul any PH.l't of thtl' ~t Eslat~ fur the purpose Q{mSpl!(.'tU1t1; the .....H1H.' .Hid li,U ~!"\C p~.lrpO:;'I~ LIt pl'rhlrmUlh ,.n> pj
<br />ttw dt.'\5 it ls a\.ithoru.ed to p.t;rtotm ttnJcr tht: t~~AA)I ije U.. '~-~lt...~
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<br />'j ~VEN1"'8,{)~ [H~fi~t 1LT, ,-~"j~ t:;f thF~ ' _ l~; ut"~d .~!i ,.~' "~ ! <12t,"\"'" ',.,. ,Pi
<br />'!Jj 1t\i5Wr!ll~a.undV(,I;1IH"{!t_;;,m':'\M!Vl!ynHlr ~.~ll;t-~f\" .f!,nn,IPU '";l"\t"'\t ,l:;",
<br />',{.h@:r """,in la.:ured h,;:~t~hy whf'f'l \l...~. i't t...,"''''__.'"'''''_.......--;..~'''__'''_....,..''"''~,N,:::7.<~i
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<br />! b; Thef ha.~ 'Kt,"_n;:~:!_ ;; t-~f~'~id', ~(;,t t1-;;of;-t;,;i\ ,-;n.:~~r ;,!:iJ' t-q-Yf; .-,-~-{ ,-,.J.i1t -~:; ,-,
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