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<br /> ri������;�a DE�'D OF TR�JS�' 9�_ �G���� �-
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<br /> THIS DBBD OF�TRLTST�i�resde aa of the 1�t day of �anuarv _,19��L.bY�nd ur►ona
<br /> Marie M. Octiener�nd•�Jack S. Octiener� Wif�and t�ebaxl(�hutor'�.whaemsfUna.d�+i, �
<br /> Deniel D. Jewell ("`I':+ntee^),whosem►1lfrysaddreuio 105 S. 2ud St.,_ Norfolk, NE 6870� �
<br /> Ntldred Flora and G1�nn J. Pfarlcham� in equal efiavese•ae tnnanCe �.m_coffion.� � cF
<br />_ �„�h�l�,„�����,��� clo Daniel D. Je ell lOS S, 2nd Street No folk NE 687 .
<br /> r�DR VF+LUA�I.B CQNM3D�RA'TEC?N,inaludin3 Uce indebt�dner�identdtled herein�nd the hust hereia creat,ed.the
<br /> teceipt of wLich is h�e[eby �cknAVrled�ed, 3Yuetor hereby{rmvocably arants� Sratufen�convey�uid auians to Tnutee. t�1 YRL'Si,
<br /> WiTH pG�T&R OF SALE, for the beaefit�i secarity of Beneficiary.under cnA �ubject to the temu u�:d cor.dition hereln�fter�et
<br /> £orih.the real pmperib�loeatedln the County of �11 State of Nghrastin �
<br /> de�crIbed on Bxhibit A attached bereto end by thls reference inco:ponted hen+irt (the `Pro'PeriY")•
<br /> 7C�C�BTHER WITH wU tenti,profiU�roy�lda,income�nd other beneflb detived from the Prupeity(collecdvely the
<br /> "nnh"). all leaua or snbleues cavetina the PrepestY or�ay PoKion thenof now or henafter eslstina or�.ntered lnto.��o��d otr
<br /> tltle u►d Intcreat o€Tturtor thcxtinuder,�ll rlaht,dtle �nd intarest oi Trwtor la and to any aratter estate in the Pmpeity
<br /> henafter xcquired, �11 inte�t�eeb. e�tate or other alaims,both lYt lRw arKD in eciu[tp.wbich Ttwtor now has or ma�1►ereafter�cquire
<br /> in Uu Propeity.all euemenU, riahts-of•way,tenemet►b,hereditumnta an� appurtenancea t}�ereof rad thereto, aII water ri�hb.all
<br /> riahe,title ancl interat of'I'nntor,aow owned or lkredter�equfnd,in�aa co.�y l�nd iyin�wicwa�e s[�-of-war ot.ny a�neec
<br /> �_._:__ .._,e�.....�... ....�......,.A.t!.p�ya snd atrlp� �nd ltores of land adj�eent to or used 1tt com�aetloa with tbe
<br /> os'iu6nwa� �o�va��s..o....1.....�,-----». —
<br /> Property, wy at►d all bufldinss and impnnvemcnta now or hec�eaftnr erected tl�ereon� includlnE, but nat IUaita w� a� *ucio�.+�
<br /> sttachmenb.applianca.equipment,nueht�nery and atha uticlea att�ched to such buildina�u►d ia�provAmeat+(irl�e"ImP:'o����1�
<br /> �nd�ll tl►e estate intemt. rl�l►t, tifle, other clai�or derau�d whlch Tnutor now hu ar may 1wre+after acqniro 9n the Prope�t7. and
<br /> any aad all awatd� taada for the ukind by emineat domaia,or by �ny ptoeeedis►,�or pmeh�ae in lleu the�t�eof, of tLe w}►of�or�ny
<br /> part of the Tirust B�tate.lnclndina witLont Ilmttatl�a a�y�►wuda resultin�from�chst�e of pade of street and sw�ar�for s�veranee
<br /> aflfA�dlt. -
<br /> 'the entlro eat�te,properiy wnd Lntereat b�reby eonvoyed to'IYwtee tniy hsreafter be xefetred to as tbe "Tnut Fotrta"�
<br /> FOR TflE PURPOSE dF SECURINGs
<br /> a. I'symeAt o!indebtednear in the toUd prlttciyal �mount of S 72.000.,�0 --- , wlth iatere�t thereon.
<br /> evideaced by that ceetain promiuoey note dated the ��t d�y of January _� lg_,,,�,(ths "Note") with
<br /> a maturity date of •�anuarv� 1� 1997 �exeeuted by Tnutoe.which lw bern dellvarecl�!Is p�rabie to the
<br /> order of Benefiolary,and whlch by thi�refennce is t►enby made s put hereof,�►d aar wd�11 modific�tiosu.eateai(oe�and renewab
<br /> thereof. �nd
<br /> - �.� �_._....... 1.��y �1 Ih. rrfw (f�
<br /> b. Payment of aU�uau advmced by aet�efieluy to pmtect tne Arasi nsinie. :++.+. ..,...•.,..� .
<br /> Seven __ percent � 7 �) per annum.
<br />� c. Tl�ls Deed of Tnut,tbe Hote� and any other iruri�m►ent jiven ta evidence or further uaure the pa7ment and
<br /> pedortnaace of�ny oblltadom rccnred hereby uvy hereaf=�=i�e nfeaed to collectively u tLe "x.oan Instnmiente".
<br /> TO PItflTk3C'I'THE S8CU1tITX OF THIS DBBD O�TRUSIP.TRUSTOIt Hl3R8Hg'COVBNANTS AND
<br />_ A(3REES AS FOLI:QWS:
<br /> 1. Paysent ot Obl(s�tioa� Y'rwtor�Etee�tp psy when due the pr[ncipd of,nnd ttee interat on,the iodcbtednes�
<br /> evlde�xced by the Note.chsr6es.fees�nd dl other sums �s Pmvlded in the Lo�n Tnet�waents.
<br /> 2. M�tateQUCe sul Complbnee wlth Lsw�. To keep the tnut E�hte in aood condition and repair. not to remove, -
<br /> � demolish ar snbst�u�tiaUy alter(except�uch�ltenHons�t nuy be requind by Itws.ordinanca or reEulationa)any of the Impmvemants;
<br /> � to pmmptly restore ln a aoo8 pnd M+orkrnanllke m�nner eny Lnpmveutent whl•:h moy be duneaed or @estuyed fhereon,and ta psy _
<br /> — when dwe�11 cbim�t fot labor petfomxd and ataterl�la fumis!►aa thetefor,to co�aplr with all laws,orditu�aca,rnaul�tiot�,coremata.
<br /> candtt�om�nd testrictions�fow or here�fter�tYect(na the Truat 8state or any p�rt lhereof or requirina�ny alte:atlon�or fmprovements;
<br /> ° nnt ro commit or permit �ny waste or d�etcdontion of the 7Yvst Eatate,uot to cammit.suffer or pemiit u►y act to be done in or
<br /> -'`.u__�_��m...��•......���ui��wnu
<br /> — upoa the Tmat Estate 9n vtol�tion of any law,ordttunee or reaniarion,anu io pq ana yiva�pw�......,,..60-. -...---._�_����_
<br /> all llens,encumbnncee Rnd chataes levied,impased or uaessed�gainst the Tmnt Estate or any part tfi�..�cof.
<br /> 3. ltequlr�ed Inrnr�nca Trnrtor�areea to at all limea pmvide,maintnln and keep ia force tue and exttnded cuvcr�ae -
<br /> insuruice�adnst lou or damaae to the Improvemente. Suci►insur�ace policies slull cont�ln a�twdatd mortgase clause in favor
<br /> of Qb BeneficiKry�nd:hal�tiot be�cancc11�61e or terminated without foiuteen(14)d�ys prtar written notice lo Hene�eiary. Evidenco
<br /> i of�uch Insurance ehsll be rnrovided by Tnutnr upon nqucst in u► uuount not les� ttun the ortafiul a�ount of the Note.
<br /> After the qccurrenee ofl.aray c�su�Aty to tt►e Tru:t 81t�to or�ny pa�t thenof, '1'�ustor shail give rrompt written nottce _
<br /> tt�ereo£to Heneficlary. In ihe event o!any cDamaae or de�tructlaa of the�nprovement�.Beneficiary ahrll tuve the option fn[ts�olo -
<br /> � discr�tlan af�pplytna�Il or past of the i�u�ance proceed� (i)to�my indebtednea eecutnd hereby �nd In uich order n Beneficiary
<br /> , may detennine, or(iq to the restor�tlon of the Impmvemcnt� or(ii1)to Tcu:tor.
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