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<br />CONTS: d
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<br />DEE!, Dr 7RUST
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<br />Th"1;l"l.Oeed of Tn~.t is made this 22nd day of Oc-tober , 19 &1, uy dllU ciluvu.g
<br />Michalynn ..agner 2 Pi Si~le-Person -, here:l"na{te'h refarred to as "Truster,"
<br />",hose mailing address 15 5 1 war ParKWay, .Kansas c:ny I Ii1) IUlUY i:laack
<br />AttornE"Y af La"'~ hereinafter referred to a9 HTrustee.tJ whose mailing address 1s P.O. Box 100
<br />GI'aJ.ld Islfu'1.d. ire 68801 ; and THE OVE.RL.\.NIJ NATIOfiAL BANK Of G?,..AND ISL.A_~.m, her-einafter referred to as
<br />I'Benef:1'.ciflry. H ;..-h~:;:-c mailh"::g addr:,:,s:; i~ P. 0_ Box 1683, Graii.d Island, Nebraska 68802.
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<br />For valuable c:.oosideration, Trustor irrevocably g-rants, transfers, conveys and assigns to Trustee, in
<br />t~:;st, with p;::rwer of sale~ for the benefit and security of Beneficiary, under and flti'iict to the terms and
<br />conditions of this Deed of Tru::;t. the fallc~-"i.:n.g:-d€~~T1hi!!d property, lo(;ated in ______COlmty~
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<br />r;;{~~-:rve<:'r5)t;il1 Blt.K:k 1\~ (2), i..~ ~-lingi~ S11bdivision located on part of Lot
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<br />Flfteen <.15) of the CCI.l..Y!ty St-11:0J vision of the South Half of the Southeast Quarter
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<br />(S~I:lE;t) of Secti.on Sixteen (16), in -township .Kleven (11) North, ltaIJge Nine (9) and on
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<br />part of the Northeast Quarter of the Northeast Quarter (NEiNEt) of Section Twenty One
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<br />(21) in Township Eleven (11) North, Range Nine (9) West of the 6th P:fJ. in the City of
<br />GJ ~ul I~li:UllL Ha.lJ. -rnunty~; l';tU.l(;J.;::)h.a.~ --.-----:--- _ _ . .
<br />together "tit!": all butldlngs~ impr(;vementa~ fixtures. =-tref';'try. alleys1 pas5a~eways, eas~fL."1ts, rtgnt;8, pr.l.....J..-
<br />leges and appurt-lmances locate.d thereon or in any way pertaining t hereto, and the rents tissues, profits.
<br />reverstons and the remainders thereof. "tncludin~ itll such persenal property that is acta-ched to the improve-
<br />ments s.o as to constitute a fixcure. all vr which, includwl!" "" .-::.e:ments and additions thereto,. are hereby
<br />decl-nred to be a pa.rt of the real estate conveyed :h, tnl-~t ;, ,,;- -- _y. it he.tng;}' i>tO that all of the fore-
<br />gom;; ~~h311 be be!'ei!'!~ft~r refe.rred to as tne llPr-opert:y" '
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<br />FOR THE f'URPOSE Of SECL'1-1NG:
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<br />{a} ! h~ pa}'llWnt"". .9f _indebte:!ae~5.___e?~'!pn.7ed by__ Tf-r~ 1 s note ~f ~n Mte herewith in
<br />the p{'lncipal sum of,t.1.ghl:een l11OU8auu u.:nd UC/.............---~$ 1.....1___,..-- L tcgeth.-e:r
<br />with interost at. the rate or rate.s provided th-Et'-2_in, :J:r the principal and intere.st on, any
<br />future. advance not to exceed the total principal sum initially secured hereby as evidenced.
<br />by promissory notes staU..ng th~y <1:re secur~d hereby,. and any and all renewa1s~ modifications
<br />and ~x.tensions or s.uch notes? both pr-inc1pal and interest on the notes being payable in
<br />accordant:e with the. t.eIT"...8 set forth therein~ which by this reference 1s her-eby _de a paJ:1:
<br />hereof;
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<br />(0) :_r:e performance of each. agreement and ,':.ovenanl of Trustor herein contained; and
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<br />\,':] the pa~ent of any .~um or sums of money which. may be hereafter paid or advanced
<br />by f~eneficiary under t.he terms of this Deed of Trust, together with interest- the:reart .at. tha
<br />ratE_ provided in the note.
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<br />1'0 rrotect the security of thIs D-ef!-d of 1'rust, Trustor h~reby covenants and agrees as fol~oW8;
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<br />1... favme.nt of Indl!btednes!i. To PAY when due. the principal of, and .the interest on, the indebted-
<br />ness evidenced by the nvt€.~ ch.arg~s. fEe-s and all other sums as provtde-d in the loan instrument!'.
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<br />;..,. Title. Truster i~ the o-""ne-r of the- property iHi.d i1as the right and authority to e:x.cute this
<br />DeEd of Trust 1.n respect to the property.
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<br />}. T&'%~ and Assessments. To vay~ ~i1en due, all taxes.. 6lr~cial aS5es.-n.t-s and all ot.her -e.llar:g..
<br />against the property. hefot"e the S4Jlte bccotne del1nq1.luc. ana, in i,he. event giiilefici:ry e!'-~l! -99 !"~tUre.,.
<br />to add to the- pa;."'llU!nt5 required under the: note secured hereby.. such amount as may be -sufficient. to- en....
<br />able Beneficiary to pay fiuch taxe~. assessments or othe.r char-gQ$ as they bec.ome due.
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<br />..... !ns\.Iranee. 10 ke.ep tr...e i-mprovements now or here.tter loeateti on t.he (Oal. .;;;t&:a ::~~ri!>M
<br />herei.n in-;un~d ~tnst d~e by f!ro€! #!M stich other hazardu as Beneficiary may require. in amount_8: and
<br />(,-"Mpanies ac-ceptabli:!' tt.) Becefic:iar-y. and vi-rb 1089 payable to Reneflclary. !n -ca5~ of i05!l:l-uudat' sUch
<br />poJil:les. Ben-efi;:iury is author.he<! to- adjust~ collect: and com;p-romiae, in its discretion, all clai.ias
<br />t~H:c-reut1d~r il!.1d., at lts .sol~ 0?ti()n~ j.. <iuthor!zeo to, ~1thet: ap-ply the proceed:!! to the restora.tion-of the-
<br />prope'rt)' <Jt' '.lpon the Indebtednes$. set.:'-if-ed hereby, but -payment' retluired by the note shall continue until
<br />the sums secured hereby are paid in full.
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<br />5. Rel-""-dir. Mtltnten-ance and Use. ....~ pro'e:prly rep.!!!r J r.-eSt'_orfl or rebuild "any buildings or impr-GVc-
<br />mt;:nts new ~her;4f ter on t:hepro--p;rty; t;) keep the jH'operty :lu. goed c.ond.1.ti!m. and rep!lir ~ without. waete:
<br />~l.nd fre~~ frC2M t!1echani.;.~s OJ:" ;Jc-h~r llenli not expressly subordinated to the lien he.reof; to not make, suffer
<br />penD-i~, cu" .-....~.:;,;,::;..::~ :: ~ :::::::!.:5t nnr ro dimlnish 0", impair the va,lue of the property by any act o-r OioiB$1on
<br />to act; and t.o ~_'om..,..ly with all requJ,re.ments of law \iO'ith re:~~ct to the prope-tty.
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<br />6. (...1nde-mn3.t1.0I:1. In thi:" event the pro?-erty. Ot" any pal.."t thereof, shall be taken by ea1nent dOPlain,
<br />Ben~ficiary is entitled to CQllect and recej,ve all compe:naatlon which may be paid for any' propel'ty'taken
<br />or for d.amages to prvp-erty not t.tken~ and Beneficiary shall apply such C'_ompet\sation, at its option,
<br />either to a rool.lcc!on of the indebtedness secured here-by or to r<!pa1r and restore the property so' taken.
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<br />.re'~!~~ bv Ban":fJ....:;_1~!.L. $.eneficiary may, but shall have no obligation to, do any act wl'4.cb
<br />Trustor h.as agreed but failed. 1:0 do., and Sen~ficiary may also do any act it 1eeu ne-c.es-sa-ry to protect
<br />th~ lieu here-or. Tr-usto-r agrees to repay, upon demand., any 6U8lS so expended by Benef-leury f-or-the
<br />.a~ovc purpo-s<ts, and any sum so expended by S-enef1c.iary shall be add1!:d to the inde.btedness secured here-
<br />by and bec.o-me .secured by the lien here~L B.~-n~fic:iary shall not i.ncur any personAl liability because of
<br />anything it ti::.ay do or ol1lit to do hereunder.
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<br />8. t~~~~~!!-.~_~~~. Beneficiary shall have the right. power and authority durlng the. co-n-
<br />t1nu.;tL).{',e of this Deed of Truat to collect the rent~. _!e.~~s and prof1t$ o~ the property and 0:: any pe-r-
<br />~f)tidl prOp~Tty l<'!-cat~rl thereon vith or -.:ithc\1t. tak.inf pos.sea6iDti of the property difected hereby., find
<br />Tn-is.trH'" htlreby I1bs:olut€ly ~nd u.n-condit){'ualJy .ashlih'U$ ail such r~nts. issues and profits to lhlnefic'ia:ry.
<br />n.@oellciar,:l',lI- hov.!v-.'u'" I hereby ~OOJlenta to TtlJ.-::i.tt.n.t 5 coll~_tlon .a.'1.-d retention of !'Iuch rel'lt8~ 1UU6I-, and.
<br />profits as t.hey 3tCrue- .and becO:tle pa.Yl1bl~. 50 long AS 1rutitor Is not, at such tUw. in default w1th-re:-
<br />,"'peet to P~)"llNlllt of a1\Y !.nclebt!:!ooe\1!8 l:lecu-re-a het'~by. or in the- performance of Any ag.:rott~t hereunder.
<br />If 'lny event ,-,f def.il.ult J~"cl'fb.ed her-ea:fter in r.-eu!loe(:t tv th1ii. ~ecl -.::f Ttu:;t 81'>0411 h~ve ~.:c~!"!"~_d aud be
<br />(:\m-t.lnui11g~ }1~n~ii,:iat'y. a.5 .. ~_tt,;;.r of right and ...,1.thcut nott.:~ to. "trti.iS-i:or- or ..nyone clc.-Lilini t=;i1~r
<br />~--;:~::;~,"~,~. ;":..,~~ "'~~~C'-':.H: "..:;~!""d t,") r"h~ ';;.illu~ Df the- tnUl:t e~utt;e at' too 1ntere~t of the Tru~n-or therein.
<br />~h._U h.av~ {~ rtgot to tJVPly t,:(> any c~mtt having \url-;;.dl("tH;<i\ to -<~9v-01nt a r~c-e1\.~t!'t" ()i" the p:cuPQ..tj".
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<br />IL !.!!~~SEJ.oE~' f)e~f 1clan',
<br /><it. IDlY ~~-a-sotHlhle t 1.-. '-lP01l or In,
<br />for r!~ $'iur'pot,'l*" ,:'f p~:-fHr.M.ln& any
<br />~,;~-r:;~~~it,'i' ~Xt;C_UI~lf ~;:';' T.t"u~t-\',1".
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<br />{)t' ltll -'igent$. rep["IC,;;i'ntatjv(l~ .n worb;rl(m. Are authorlzt:.4 to ent-et'"
<br />~1.1irt {;If t h~;o; i)'r0p~".t:, ror the P\J:rpOSi' of in s.p-e-c t ln1ii the a.'Ull.e and
<br />the -!;lets 1t ic-, :1.'_!!l:!0ri:ted. to Pi1-i-r,jt~ \llHiex" [tat! terms of any lOAn
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<br />Fl. ~~_~l~.~t!-~_ ~':?(}'~,!:~_:E~_r~t}.' H .1t1! ~r 4ny p~H t d ~ ~ ri'f0iwrt~1' lH (-l.'\T)' Lnt~-r~st of TT'-rstQ:r rf~r'etu
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