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<br /> � Ds� og Trust � ��l-� ��Q4q`.'• `'
<br /> I 1�t�bra��u) v:
<br /> � sb3r sru�t D��B, �eda thi�e 23rd day e! Janu�Yy� 1�996, botw�on Lylo L. Harelara �
<br /> and FranGes l►. ��srders, huoban�i and wil�, wbaaa AC7�CZP@oa is �275 sa. MaGuir4
<br /> � Road, Wood Rivc�z, Nebr�ska 688g3, Trus�or, ena Hrttce Y. S�ith, �►t��YiIWY a� ;`
<br /> I�a►�, whcac� acddrsss is P. O. Sox 790, Grand ialand, HE 68802, Tru�tr��s, -
<br /> 111tass��tn� That Wt��roaa, Tru�tor ha�p executad one aertain Rasd o! Tru�t _
<br /> Ncts bearinq everr date herewit2� and drawn to tho ordar ot Y�tsopaiitaa Lil� -
<br /> insurana� Coapany, he�xeinniter aallad Benetici�ry, !or the pr3noipal �um ot =
<br /> Three Hundred Six�y Thaueand Dollar� ($360,000.00) , payable in lavlul monay �:'
<br /> of the United States �hich ahAll 1aa laqal tender fnpa ymsnt of ali dabts and ,'
<br /> duea, publlc and privato, at tha time ot pay�sent, with exchange on tha City =
<br /> oP New York, pay�lala in instells�anta, the lina], inetallment due January 1, �=
<br /> 2016, with intersttt theraon lroa� ttae data therao! a4 therei� provided. _
<br /> And Whareas, Trust�r ia desirouc of stvuring the prongt payaent of aafd Deeci
<br /> of Trust Note and all intereat and aharg�a th�rean, in �hosa hands saovar tha
<br />_ same may be. _
<br /> _ NQw, therePmre, Truator, in consideratiox� o! tho premieas, and tax fiha
<br /> _y purpose afareoaid, hath granted, bargained, sold, and conveyed, and hereby =
<br /> '�` does grant, bargsfn, sell and convey unto the Trustea, fn trust, with power
<br /> �._� of sale, pursuant to the Nebraska Trust Deeds Pict (Section �6-1001 et. sa�.j, _
<br />,-.� all the Pallaw3.ng described real estate, premises and property, situata in _
<br /> the Counties of Hall and Howard and State of Nebraska, to wit:
<br /> � The SauthwQSt Quarter of the Northwest Quarter and thQ Saat Halt o! ths
<br />.; � Korthwest �u�rter of Section 10, ar�d the Southweat Quarter of Saction 3, A1�
<br /> fn Townshig 2m �t�rth, Ranqe 12 West of the Sixth principal I�ie�rfdian and tho
<br /> ;� Se�=�h �alg o� t�e Smu��rest Quarter of Sectfon 3, Township 11 �orth, Rangs ia
<br /> =��� West o€ �e Sfxth Pr��cnpal Mexidian, AhI in Hall coura��, Nebraska, t�gether
<br /> -; with alt3 �cr�gs grown ttrereon.
<br /> ' The Northeast Quarter o! Section 9, and the Ncrtheast Quarter of Section 28,
<br /> - EXCEPTING a certain tract nore particularly deacribed in GQnorAl W�rrs�ntp
<br /> _;� Deed and Grants of Easement recorded in Book 33, Page 266, All in Township 14
<br />_� North, Ranqe 12 Weat of the sixth Princfpal Meridian, Howard County,
<br /> l�ebraska. togetiier with all crops grown therec�.�a.
<br /> - It is agre� SIIaat all irriqatfon pumps, �eotors, engines, pipea, sprfnklars,
<br /> � controb �ne�.s aad accessories, and abt other frriqation equipnent toc�athar
<br /> _ with a�Il �ater ar►d waterinq rights m€ revery kincl ar�a3 dQSCriptian, and all
<br /> improvese�ts, �E�ixtures and apparrtenan�es conne�:ited therewith naw or hax�Qaltar
<br /> - placed or itist�alled on said prenises shall be �anstrued as a�tixed to and a
<br /> part o� the real estate hereinaboaQ described and subject to all ot th4
<br /> -� provfs��rrs ot thfs D�ed ot Trust.
<br />� Tha NotQ secur�d by thia Desd ot Trus� �s €an�ther sacured by a Financing
<br /> - StcatQmant an�8 Security l�qreement a� everc �ate herewith, covaring alI
<br />=' irrigatfon equ�.gment, improvements, fisc�tires and appurtenances as dQSCribQd
<br />'�i in said Financfnq Statement and secur£tgr Agreenent.
<br />:�
<br />� Beneficiary shal� have the right, pa�aer and authority durfng the continuance
<br /> ,� of this Deed �E Trust to collect the rents, issues and profite oP thQ
<br /> � property and ot any personal property 2ocated therecn with or without takinq
<br />;� posses�ion of the prog�rty affected herek�y, and Triastor hereby absolutely and
<br /> � unconditionally assigns all such rents, issues and profita to Beneficiary.
<br /> �; H�€i^;r_r�� h��tevero hereby n�ncQntc ta Truaicor��c cpl�QCt�a» and ratantion
<br /> —� og sucL rQnt�, ia�ues and profite as they acaru� and beco�e�e payabl�, oo long
<br /> � as Trustor is not, at such t�me, in default with respect to payaent ot any
<br /> indobtednass secured h�reby, or fn the perfor�ance o! any agrQ�nt
<br />,-� hareundar. It any event o! default described hereafter in respect to thia
<br />,:�� Da�cl of Trust ahall have occurred and be continuinq, Beneficiary, aa a amtter
<br />;;-� o! right and without notice to Trustor or anyone claiminq under Truator, and
<br /> without reqard to the value of the trust estate or the interest of th�
<br /> ; Truatar therein, shall have the right to apply to any court having
<br />: � jurisdictfon to appoint a recefver of the property. It fs further agreed
<br /> that in case of default fn the pay�aent of the eaid prfncfpal Deed of Truat
<br /> Note or interest, or any part thereof, as it shall sature, or in the case of
<br /> failure to keep �r perform any of the aovenants or agreements contained in
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