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<br />DEED OF TRUST
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<br />84,----'!
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<br />006080
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<br />~H~~ I?EED OF TRp:.ST. is ma~e as of the / 'i , day of I'I.'1KmLA' 19~ by and among
<br />:...~:.;.c ~,~. r,~,~~,,"{:,,).,,, //'U4( ~':\ ;''d,.,;.(,;[, ,-fz.;a"J~:f'~' ("Trustor':), whose mailing address is
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<br />. i5,,';.L J;~(::'~"'-"'''''<C, : ;....j t;,;:.c. J 0 ,v" / I q / Of ("Trustee"), whose mailing addres8 is
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<br />and/l ~~t.t l' :~l&.-:r:t<--;J~i.--.J;...L..-, ;_L<~~ t'.:.. /~ /j~..;.[:c 7";<;""!-~ ~. (uBene:ticia..ry'~) whoaemailing._address.iS_
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<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and asRignsto'I'nu;tee;lN
<br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to th~terms
<br />and ~ditions of this Deed of Trust, the real property located in the City of -Cotintyof
<br />reI I ~/ I. , ,Stll~e o~ ~ebTaska, and I~Y described as l~lIows (the "Property''): " '/I
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<br />TOGETIIER WITH, all rents. liasements, appu res, hereditaments, '1ntere8t/l in adjoining roads,
<br />streets and alleys, improvements and buildingll of any kind situated thereon and all personalpropertythat~
<br />be or hereafter become an integral part of such buildings and improvements, all crops raisedthel'e!m, and all
<br />water nghts.
<br />The Property and the entire estate and inten!llt convey'" ~ .~ ~he Trustee are referred ,to'alllectively as the
<br />"Trust Estate", -- ' FOR THE Pt.TRPOSF C>-' ';.c;.:.:t'lTUNG:
<br />a. Paymem of indebm_ in the totai",ri...cipal ~.l;.; of$ 7'''([ ..- ' "'''With intefe8tthereon, as evideneedby
<br />that certain pmmisllory note of even date (the "Note'') with a maturity date of ,f(...,~~.t'" /z: ..:l {) d fI . executed
<br />by Trustor, which has been delivered and is payable to the order of Beneficiary, and which by this refereneais
<br />hereby made a part hereof, alld any and all modifications, extensioDll ar.d renewalathereof, and
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate. with in~t thereon at the
<br />rate of~percent (~'U) per annum.
<br />This Deed of Trust. the Note. and any other instrument given to evidence orfurthersecute the payment and
<br />pertonnance of any obligation secured hereby are referred to collectively as the "Loan Instrumenta",
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
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<br />, PAYMENT OF fNDEBTEDNESS, Trustor shall pay when due the principal of, and the interest on. the
<br />Indebtedness evidenced by the No~e. charges, fees and all other sums .as provided in the Loan Instruments,
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<br />2. TAXES. Trustorshall pa veach installment of all taxes and specia.!8lIl!_ments orevery kind. now or hereafter
<br />levied against the Trust Estate or any part the~f, before delinquency, without notice or demand, and shall provide
<br />Beneficiary with evidence of the payment of same. Trustor shall pay all taxes and aueuments which may be levied
<br />upon Beneficiary's interest herein or upon this Deed of Trust or the debt secured hereby. witlloutregard to any law that
<br />may be enacted imposing payment of the whole or any part thereof upon the Beneficiary, '
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<br />J, INSURANCE AND REPAIRS, Trustor shall maintain fire and not extended coverage insurance insurmgthe
<br />Improvements and buildings constituting part of the Trust Estate for an amount no less than the amount of the
<br />unpaId prmcipal balance of the Note lco,insurance no~exceeding80% permitted), Such insurance policy shall contain
<br />,} standard mortgage dause In favor o( Beneficiary and shali no~ becancellable. terminable or modifiable withoutten
<br />, 101 days prior written notIce to Beneticlary, Trostor shall promptly repan, maintain and replace the Trust Estate or
<br />any part thereof so that, except for ordinary wear and tear, the Trust Estate shall not deteriorate, In no event shaU the
<br />Trustor commit waste on or to the Trust Estate.
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<br />ACTIONS AFFECTING TRUST ESTATE, Trustor shall appear in and contest any action or proceeding
<br />purportlll!, to affect the secur"y hereof or the rights or powers of Beneficiary or Trustee, and shall pay all costs and
<br />~xpenses. Indudinfl' cost of eVIdence of title and attorn"y's fees, in any such action or proceeding in which Beneficiary
<br />c>r Truste" may appear, Should Trustor fall to make any paymen~ or 10 do any act as and in the manner provided in
<br />any of the Loan Instruments, Beneticiary andl or Trustee, each in its own discretion. without obligation so to do and
<br />WIthOut nOllce to or demand upon Trustor and without rel"asing Trustor from any obligation, may make or do the
<br />sam" III such manner and to such exten~ as either may d"em necessary to protect ~he security he~f. Trustor shall,
<br />Immediately upon demand thereior by Beneficiary. pay all costs and expenses incurred by Beneficiary in connection
<br />wah the exercIse by nenellclary of the foregoing rights, including without limitation costs of evidence of title, coun
<br />costs. appraIsals, surveys and attorney'. fees, Any such costs and expenses not paId wtthin ten (10) days of written
<br />demand shaH draw Illterest at the default rate prOVIded ill the Note,
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<br />,\, EMIl\.'ENT DOMAIN Should the Trust Estate, or any part thereof or interest therein. be takell or damaged by
<br />reason of any public Improvement or condemnation proceeding, or in any other manner including deed in lieu o(Condem-
<br />nanon' "Condemnsnon"\, ,)f should Trustor reelve any notice oro~herlllformation felTardingsuch proceeding, Trustor shall
<br />""V<' ~"')mpt wnttA!n nonce therrof to Beneficiary. Beneficiary shall be entitled to all compensation, awards and other pay.
<br />ments or relief therefor, and shall be enntled a~ Its opuon to commence. appear in and prose<:Ute lOlts own name any action
<br />. >r proceedlll.:B, BenefiCIary shall also be .nurled to make any compromise or settlement In connection "'1th such takinlf or
<br />dam3/o1e. ,-\)1 such compensatIOn. awards. damages, n!!hts of action and proceed. awarded to Trustor !the "Proceeds") are
<br />~~~b)-' ,l$SucntKi w Benericu~.ry and Trustor agrees to execute such further assIgnments Df the Pl'OCPeds as Benerkiary Qr
<br />Trostel!' rnav r~Ulfe.
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<br />.; .\ProINTMENT OF SUCCESSOR TRUSTEE, B"neliclary may, from time to !lm., by a wntten lllstrum~nt
<br />.'xt'C\ltai and .Iclmowledlled by B~et'iciary. mmled tn Trustor \lnd Recorded 111 the County In which the Trust Estate IS
<br />iocat<<l and by otherwise complVlng WIth the proVlslons of the app!ieable law nftheSt"~.of Nebraska subsutute a succesliOr
<br />'or sUC,,",l!dlon to the Tru.- named herem"" "ennll: he,,,,,nder,
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<br />-: St:CCES..~RS AND A...~lGNS, Thi:s L~ <.if Trust ilpphcs ~. inlln'S to the benefit of and bind:. all pa!'t1~s nf'reto.
<br />tlt.,r h"'t1l, ItolJa-. de",.-, penoonai fepretlentaUV...., succeMonl and a.lllltgns, The term "Benet'idary' shall mean the
<br />')wn.r and: hold@!' (}f the- Note, whether or not named as Bf.:nefiC1Ury hereto>
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<br />,)_ t~SPEC110NS. B~n~4~, or Ita agents. N~'pre5fl1(..ltt....t'S Qf workm~n, arc aut...rlOrttt"d to er'h"f iH dn;.: reasonable
<br />ti:t'tW- l,ipot\ '~r Hl an} p.art vi th~ Trust ~:$tat.P. for tll~ p"UrpQse of In!'rt~ct.ln1( diP. 'i\ame and for the pUTpo'" of ~.tfO"!'Hn~ any of
<br />I.h@' ~"'t,a; }t. ,,f ~\Mth()nzfi'!d to P"tr1tJt'm un-d..er the term$. {d any iff tiw L.*.H1Jl Ins-trtJmPflt...'l
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<br />{~ V\'"E:11"S qF PEr'ACt...? Any nf th~ 19Ut:fWlng "'v~nts shail be- ~lePmro ,U1 f!'Vf'fH of d~fuuH ht''r\''tmder
<br />>ir~afh'l' ~h.U hn:V1t (~ilf!d to make pavn't'ntof any Hl~mtiihn.('tH d jnt~L ~H'.H~lP;~L '~f pnnnpai ,:!fHt int.f'JV,~t or ;''In\
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<br />.:,trilf"i' ;';'''im ~y~1 hi?ft!'fl.v Wf~n .d:.w~ -:H"
<br />t, T-:t)ff+' h~ -l('f:m~j a btfllm'-h d 'j;f t.wfauH undH ;.tf1'; ~"''''l''1T,
<br />-," ;,~';;U1"',;H;.~V "",~'r!:l-~H1t:'1.1 ,n '-in">' ...f th~ Ld;,1-,n ln~tr,Jfn.f'nt;1O
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<br />'-"f1'j;h'.n ~!P"""'\~v.ln. l~<I)n~M"nt,.lO;~n
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