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<br /> -�_��'�''� RT. I. BO�fi 48, S�JOD RIVFR NE 68883_ --m—
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<br /> FOR YAlUA6lE C�OlI�109GT1�N.rr�g t11f Nldlbt�dnlSS indaFtit�d hKer+Qid tIN 1fYSt hRHI Cr�at�d,tht nCN�t Of�rtrcl►�s Irr�b�t ,��-���'�`
<br /> - acfcno+w4dp�d:T�4stt►:���!►�s•lrarKfirs.conwYs,ad a�si�ns to T�ust�e;Ni TRHST.WITH PEIINER OF SAIE.for flM b�t'�t and . - .:�,,,_�--
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<br /> �"`�� TOGEiHER WiTH;�tF rents,profits,ro�utsies,income and ott�er benefits derived from ihe real aoperty;all teases or subleases covering the � ,..
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<br /> " real prap�xtY•or,anyr�por��on thKeaf�"°"'°r he�°ne►existin�or entered into,and oll right,titk and interest of Trustar thereunde�. c��i�- �. . _
<br /> � tetests,esto+t�•ot,cttier claims,both in law and in equity,wfiich Trustor naw has or may hereaker aquire in the reol prope�tys ol1 easemtnts, �{!•_
<br /> r i p h t s�o t�w p Y;t e�m e n t s,h e i e d i t a m e n i s a n d a p p u r t e n o n c s s t h eroof and thereto;all oil ond g as rigbts ond profits,wat�►�iQhts and wcter (3, .
<br /> {� stock;dl riQtt�si titk ond interest of Trusta,naw owned or hereofter acquired,in anA to ony fand tying within the right�of•way of a�y stree�or I r
<br /> hipMroq.adjdinirtj�the rcal property,ony and oli buitdings, fixturos, imp►ovements,and appurtenances aow or hereofter eacted thcreon oo t.' .
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<br /> be�cnqinq t�qrat4,lhere�n�eferred to as"ImpvovemenY'or"Improvements");and any and all awards moQe far the taking by eminent domoiR #,
<br /> ! or by ony prmceQdirg or purthoss in lieu thereot,of the whofe ar any part of the�eel property. :
<br /> Atl of t?w ftregoirtp estate,proDe►hr ond interest hereby conveyed to Trustee herein cotlectively refe�red to os the"Property". `
<br /> TN{S OFEQ Q�iTRUST SHAII SECURE: :
<br /> (o �qytry�nt oi indebtedness eviaented by Trustor's note of even dote herewith in tt�e printipal sum of �Q,Q��O� - ; • .
<br /> �r1Cf/:100------ ----------- ------------ - Oollars (f .). ,
<br /> ' toqett±�.witfi�inlerest ot ffie rote or rotes provided therein,(herein,together witb an�and oll ronewals,madifitatians,and extensions thereof, 1
<br /> . �e{M�t�a,,the"Note")both prineipal and ir►terest on the Note being paYable in accadance with the terms set forth therein,reference to �
<br /> wfiich ie hereDy;made,tbe finaF payment ot principol and interest,if not sooner poid and ii no renewals,modifications or extensions are rtaQe,�
<br />. due and paypbfe oo January 20, 1996 And any extensions or renewals thereof
<br /> (b j The p�formance of each agreemont and cavenant of Trustor herein contoined;and
<br /> (ED'Thq p�yment of cny sum or su.ns of money with interes�thereon which moy be hereafter paid oF advanced unAer the tern►s of this�eedof
<br /> ' ! Trust: � ;�� • :
<br />� {d)�;F�pbyment olany future advontes necessary to protecf fhe security or any future advance made m the aptia»of the parties;and �
<br /> �� � (ey�t�,perforrtwnce of an obligotion of any other perscn nameA in this Trust Oeed to a beneficiory. .
<br /> ; .k. TO PffpTECT 1HE SECURtTY OF TN{S OEED OF 1RU5T,TRUSTOR HEREBY COVENANTS AND AGREES AS F011dWS:
<br /> � � ! �;/I�Ii�M�i rei�elN1�/Nrhnst.Trustor sha11 promptly poy when due the p�incipal of and interest on the indebtedness evidec�ceQ bY tlte '
<br /> + ' t�te,ood atl athe�charges ar�d tees as p►ovided in the Note,ond the principal of and interest an any iuture Advoncas setured by this Deed of .; ,
<br /> � • t' Tru�t�
<br /> 2,•1NRwty d?itU.trusta is lowfutty seiied and possessed ot good and inQefeasibta ti�le and estate to fhe PropeAy hereby conveyed cna
<br /> . Aa���ha right to grant ord convey ths Property;the Propeny is free and ctear of atl liens and encumbrances except liens now of record,aod
<br /> ;';��, Ttuator witl warant end deferd the title to the Vrope►hr agoinst afl claims ond demands. • .
<br /> :w't= 3,Mi�t�e��1 t�Y�e�wilb l�ws.Trwtor shall kBeR the P�operty in good condit�on and repnii and shall nat tammif waste or perm�t
<br /> " impairmeM a deterioration of the Woperfy and sholl camply with the prflrisions of any tease�f�his Oeed oi?rust�s on a feoseho�d.No imprave-
<br /> , � ment now o►hueofter erected upon the Propeny slal!be altered,removeA or demolished without the prior written consent o!&neficiary.
<br /> i. , Trustor sholl comply witb olt laws,ordinances,regutotions,covenants,condition9 and restrictiona uffecting the P�optrty ond not eommit,sutfer.
<br /> � or permit any at to be done in o�upon the Property irt violation oi any Iqw,ordinance,�egulotion,covenant,condition or rostrietion:Trustur
<br /> � shall compfets a restore promptly and in good workmonlike monnci any improvement on tha Property which may be damaged ar destroyed and
<br /> poy,whendue,all elaims ta laba perlormed anC materials iurnished therefore and for ony aNerations therecl.
<br /> i 4. tMrrwt�.T►ustor,ot its expense,wiU maintnin with inwras approved by 6tnefitiary,insurance with respect to fhe Improvements anC .
<br /> . � � pe�senol prope�y,ca'stitutlag�he Property,ogoinst loss by f've.lightninq,tornado,ond other perits ond hozmQs covered by stondarA ex4ende�
<br /> , . ,,`' ! tove►aqe endorsemtrit;�n an amount equal to at least one hundred perceM of the iutl replatement value ihereof and insurxr�a3ainstsuch�,
<br /> ,.-,...,. ,.�,•r. .,�'�; � " � other haiards and'ase s•.�cEtamaunrs as:is custamarity carried by owr�ers and operatars ot simutae Qreperties or as 8rr.e!ieim�i-wrre;�ire fo�i*s.
<br /> ; , ' ' � �'{ prottttion.Trustar�af�ca:r�iU w`��.��e.h other requ*�ents os Benefieiary may���m time ro t�rt:e request for rfr��rofiection�rj i�swanca ai���.
<br /> �. : -. , -;�, : iMerests af the ra5�e��ve�c.-t'a��k it�s�:t�Y!E���!t�;:es maintained pursucrtt ra-*1-s'ticed of Trust shap nc.�tr;rs;or et,�'&neficiary os i:s- � .
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<br /> , :��� � sureds.as thalr respretive:ne:esrs au�f a;.Qeer,amd provide thot�there shall be do eance��c�cn er mo�fication without rta�ass thon 15 days ,
<br /> ...;; , . � .
<br /> ._:__:_:_. - _��::� '..:. _ --.. _ . pr�a�:�?"ert noti�eosiats to&��.in fhe etieM tlny p011ty bereunder is twf reneweQ a� cr�efare 15 days prior ra•ir��iration date, - __ :-_- - -__
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<br /> � Benef;ciary may prewra such irtsar�.:ce in accoraanee with�tie provisions of paragraph 7 here��.Trustor s6att deliver to BertET�a"ry tfi�aF�r.bt
<br /> � � �+� "� ' policies of insurance a'd renewats thereo#or memo copies of such polietes and renewals tha�eof.fuiture ta fumish such rnsurance hy 7�u4t�,�o:� , •
<br /> i�.: i �
<br /> ; renewels as required hereunQer shall,nt the optioe o�Beneflticry,constitute a defautt, ,
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