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<br /> D� O� '17tIIST
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<br /> TFUS D�P.D OF TRUST io mad� •o o! th� Z3��day of , 1996, by
<br /> DHIv�IIS A. HORST, ("TR�STOR"). �rhos� mailiag addreao io: 93 S. Kimt�all, Orand �
<br /> I�laad, Disbrask� 60401; . `
<br /> t�n + A. Li! , ("TRUST�")� whoae mailing addraas io: \
<br /> �- ;N�cd �S8m3�
<br /> aad IiILLSAM A. HORST aad SHA�tON d. tiORST, hu�baad aad Mife ao joint tenants and
<br /> not aa tenanta in ooarsozi, ('BS�BICIARY"), �hose �ailfaq addrsan io: 25 D�rch Bay
<br /> DA 6, �lwood, Di�bsaska 66937.
<br /> FOR VALUASIS QONSYDIIRATION, Truator irrsvocably Crarufers, ccnvey�, aad
<br /> aaaiyrsa to Truat��, iDt TR�ST� MITH IIO�R Op 911�+�. !or the benefit e�d nacusity
<br /> of S�cuficiazy, ursd�r and aub9�ct to th� ��n� and coaditions of thi� Dasd of
<br /> Tru�t, ths real prcQerty locat�d in th� City o! (iraad Ioland, County of Hall.
<br /> Stat� o! �6raaka, aad loqally deacribed aa lollo�ra: �ttsa 'ProperCy):
<br /> Lots Forty-four {;s) �8 gorty-fiw i�5) in Haxthoru�s Place, ia tlse
<br /> Cit}• o! Graad Ielaad, Iiall Cauaty, Nabraoka.
<br /> t
<br /> . �R WITH all renta, easem�nto, sppurtnna:scea, hersditaaieat�, interesto in
<br /> ad9aining roada, otre�ta and alleyp, impxova�oeato a�d building� o! any kiad oitwted
<br /> th�rean aad �11 p�ra�asal property that aay be or h�r�alt�r b��om� aa int�qs�al part
<br /> - c! aucb lxiildisyg� aud i.apsovw�ats.
<br /> x --, _ 7i�� �v���M� �.��A �� ���Sw ���'t� �^i1 i�t�r��l� M�fa��s�. LA tlY� TYSt��Y,AY'A.. . ... ._ .
<br /> .. Yatorrod to collir�°�:���y �a tba "Tru�t �tata*.
<br /> FDa� T� P�A,FOS� OF SYC�tID70:
<br /> . a. Paymant ot iridebtedrseu in tha total prfacipal asouAt oF 530,060.00, »ith
<br /> iatsreat th�raon, as evidaaced tt�at cartain Praairsory �iote of ��res� dat� (the
<br /> ' •l�ote") Mitt� � watusity dat� ot 1 �C , sxacutwd by Trustos, �icl�tr.aa
<br /> b�en d�liwred arW i.s payable to ord�r of e�neticiary, and nhich thio
<br /> r�i�re:scw io hsreby ma8e a part hsraot, aad aay aad all modificatians, extaau�an�and
<br /> rtnsYala tAeseof, and,
<br /> b. Paysnnt o! all avm� ac'fvanced by esnaficiasy to pzot�ct the ZYust �state,
<br /> .rith interest tbereoa at tt� rsto o! Cxolva {12�) parcent per aaaum.
<br /> T6is Deed of T�ru,�t, the Not�, aad any oCh�r ivatrumeat giwus to eviduid or
<br /> fuxther s�cure the pag�nt and pertosaanoe of aay obliqatfaai aacured hareby are
<br /> retsrr�d to collectiveiy a�a thc "Loan iaatrumsats".
<br /> ° TO P�0'1'8Cl � SHCQRIT7f OF THIS D�D OF TRIIST:
<br /> 1. PAY�i�r OF Ii�SST6D1�SS. Truator shall pay r2�an due the principal of, and
<br /> � tha int�rast on, the indabtadneoo evidsacad by the Note, chargea, feea anQ ail otker
<br /> svm� as proei�ed in the Loaa 2ustrumsata.
<br /> • 2. RBaL S3T7►Ta TAxBS. Tzu�tor shs12 psy th� raal estat�taxes arsd any rp�cfal
<br /> asswsaments l�vird sgainat tls� prop�rty dir�etly to th� County Trwurer or Cfty
<br /> Traasur�r aa th� cas�a may be, b�fore the aam� b�coma cLiiaquaat. Z�uator s�a11
<br /> , pzavid� Ban�ficiarlr vith a co�sy of th� tr�asurer�a receinf. �h�ving pa►y�aat af ali
<br /> rca2 e�:.ztc t�:.,:a �sthin tcu (2Q1 da,_ .:ltor t.h� ta:�.a 2�:.w w:.� ;r.id-
<br /> 3. IBS[II�ApCB At� RBPAiRS. Truator ahall pay the armual premiu� co�t for lire
<br /> an8 axtond�d coverage insurance, inaurfng the buildirsqa eeaatftutiag tha truat
<br /> eatate, for an amamt no leoa than the replac�ent vslve of th� buildiag� aud a�il
<br /> provide Trustor rith evidwce of inaurancs prwoium parymsnta each yea►r. Such
<br /> insurance policy ahall contain a otandarfl mortgag� ciauae in favor of Beneficissy and
<br /> �hall not bs cancelable, tarminable, or malilfable Mithout ten (10) day' prior
<br /> Mritten natice to Sarieficiary. Truotor ahall pramptly repeir, maintsin aad replace
<br /> the Tru�t Yatate or au►y part thereof ao that, except for ordinary xear sna tear, tlze
<br />� Truat IIatate ahali not deteriorate. ia no svent akisll tl� Truator commit wat� oa
<br />� or to th� Trust �stat�.
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