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<br />, <br />r- <br />t <br />~ <br />~ <br /> <br />10 <br />m <br />"'" <br />c: <br />z <br />~no <br />m>~ <br />nCII <br />~x <br /> <br /> <br />J........> <br /><::::;> <br />c::::> <br />~ <br />~~ ~ <br />~..~ z <br />o -{-- r"'\.'} <br />CO <br /> <br />i r ~ <br /> <br />I\J <br />S <br />S <br />CD <br />S <br />S <br />(JJ <br />en <br />s <br /> <br />The South Halfofthe Southeast Quarter (S1/2SE1/4) of Section Thirty Three <br />(33), Township Ten (10) North, Range Twelve (12), West of the 6th P.M., <br />Hall County, Nebraska, except a certain tract conveyed to Southern <br />Nebraska Rural Public Power District more particularly described in Deed <br />recorded in Book 107, Page 583. <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, <br />and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and <br />profits, water rights and stock and all fixtures now or hereafter a part of the property. All <br />replacements and additions shall also be covered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property". <br /> <br />BORROWERS COVENANT that Borrowers are lawfully seised ofthe estate hereby <br />conveyed and have the right to grant and convey the Property and that the Property is <br />unencumbered. Sellers shall hold Buyers harmless with regard to any obligation of Lender <br />under said Deed of Trust. Borrowers warrant and will defend generally the title to the <br />Property against all claims and demands, subject to any encumbrances of record. <br /> <br />COVENANTS. Borrowers and Lenders covenant and agree as follows: <br /> <br />1. Payment of Principal and Interest; Prepayment and Late Charges. Borrowers <br />shall promptly pay when due the principal of and interest on the debt evidenced by the <br />Note and any prepayment and late charges due under the Note. Prepayment of principal <br />and interest, or any part thereof, shall not be allowed without the prior written consent of <br />Lenders. <br /> <br />2. Charges; Liens. Borrowers shall pay all real estate taxes and assessments <br />attributable to the Property which may attain priority over this Security Instrument, and <br />leasehold payments or ground rents, if any. <br /> <br />Borrowers shall promptly discharge any lien which has priority over this <br />Security Instrument unless Borrowers: (a) agree in writing to the payment of the obligation <br />secured by the lien in a manner acceptable to Lenders; (b) contest in good faith the lien <br />by, or defend against enforcement of the lien in, legal proceedings which in the Lenders' <br />opinion operate to prevent the enforcement of the lien or forfeiture of any part of the <br />Property; or (c) secure from the holder of the lien an agreement satisfactory to Lenders <br />subordinating the lien to this Security Instrument. If Lenders determine that any part of the <br />Property is subject to a lien which may attain priority over this Security Instrument, Lenders <br />may give Borrowers a notice identifying the lien. Borrowers shall satisfy the lien or take <br />one or more of the actions set forth above within 10 days of the giving of notice. <br /> <br />3. Hazard Insurance. If required by Lenders, Borrowers shall keep any <br />improvements now existing or hereafter erected on the Property insured against loss by <br />fire, wind, or other natural disasters, hazards included within the term "extended coverage" <br /> <br />1 <br />