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<br /> - THIS.DBF.D OF TRIIST ig made es of tlie,'1'H��SOtif ���� 1992. by --
<br /> , , and amoaq D��OIKiLAB D. THOI�SON attd DIANNH J. . n � :F
<br /> xife. {°TfWB�B"). xhQ�a mailin9 addre�s i&:- Route 3; BaOc 115A. �tood Aive�.• �
<br /> Nebraeka 68883; . �
<br /> and�DUllt� A. Bt1Rti8 Attorney at Law �°TRQSTBS"), whase n�ai2ia�3 ad�ess fe: �
<br /> _- _ .. Noi�esst Hank_Bu1ld�ng. P. O. HoX. 2350. Grand Islauud. Nebraska 68802: �
<br /> Y-` and ROBERT D. '1�0!lPSON and FIARSNCS M. TH01lPSON, hueband and.:�tife as joint . ,
<br />:r:� tenants. ("BBNSFICIAAX"). ehose mail3ncJ address i.a:�Route 3;.:�ox..115, Koo� - ,
<br /> River, Nebraslta 68883. _ . _
<br />':3; FOR VALVABLB OONSIDSRATI�N. Truator irravocahly _tratts�ers' conveys, and .
<br />��t� asaiqna to Trustee IN TRIIST iiITH PafiER OF 911LE, far the i�rief�t and secnrity .
<br /> Y ; of �eneficiary ut��er and su�iject to the terms and aonditioAs of this Deed of
<br /> � . S��e�qf H�ka,aa�nd leg�y describeed�as�f llo�e�it�he Help����"X:of the�:: :-
<br /> - ?
<br />:--�:. ;- :>',.,_;';�._-'_ ;: �.:�:;
<br /> �. The Nest Hal.f of the Northv�eat Quarter (FT}Nf1��,of.Section�
<br /> Thirt�,..�";,;','�..;-=;'•...,;..
<br /> Five:��5)� Township TKelve (12) North lta�iqe �turceen (13 , i�tea .;�: .
<br /> ` of the 6tFi P.M.. Buffalo C�unty, Nebraskz►. .
<br /> ,� , � .. .� —
<br /> �x'��� . � -•
<br /> � ��,• The Southvteat �ter of the Hortheast Quas�ter �SW���)'-�of Sectfon '---"
<br /> Twenty (20 , Tc3wnship Ten (10) Nortb, Ranqe Twe ve 1 );�FTest of _ �_
<br /> the 6th F.�.. Ha71 County. Netfraska. _ "�;: ' � __ —�wR�
<br /> , r,`-:.:��' M�"i'`���-
<br /> ..r'�
<br /> . �_ TOGETf�Ft S�iiTH a�.:rents. easements appurtenances, �iiaredit�inaut;s ---, � __-
<br /> � ' ;y • interests in ad�oit�ia fiaads, streets;an�d alleys, �roveaiant� and b�i.fdinQ�� .. ��
<br />- .� of any kind situsted �er'ea3,:��d all personal pm� pe Y that iiiay be or:,�,. . . �___--
<br /> ,.� hereafter beaanle an icitegra�;pa�t of such buildings and �ru,vefla�el_nhs., ::. � , _ -__-
<br /> ' = � - The pro erty and the e�itire estate ana interest coqveyed to'`tiie �rustee ��I�
<br /> �,. {;�`;,��:,•° are rPferred �a collectively a's the "Trnst Estate^. �-� ��
<br /> � 1 � �� �'' FOR THE PiJRPOSE OF SECURING: � "
<br /> --�Y� `' � � '"
<br /> 4s ..±'► �`r...� . j� rinci al amaunt af ;150,0�0.00 C' 'j,. � '�
<br /> � �%'�'• . r a. Pa ent of indebtec'�nese in the total p P
<br />. . -�;.,.:t'i:r�1,r^:,.::....,�.. i: ..J:,--_
<br /> •��.. «:�-. ��r, .�� � with interea�thereon, as evidenced by the certain Promissory Note of evan .
<br /> ,:=�..- -':'+;,,.: ( �, •� :.
<br /> date the Note ) executed hy Trustox, wh�ch has been de2ivered and is ���;. • -
<br /> , . ,�+;r, � P a 1e to the ort�er•of Hene�iaiaty, aRd which by this reference is hereby : f•�`�•`r, •,.,.�,,..
<br /> .. �a art hereof, .anc� apY atta�all mpdi£ic$t iona, e x t e a s i a n s a n d r e n e w a l s ".'s��.. • • �
<br /> �:`•'. � ''�'F`','
<br /> ' �' _ . . ±tE�reofp and. . _ ' � _
<br /> ,'.r �-� ' • . b. Payment of all suma 1advanced by Benefiaiary to protect the Trust ��,•i.'�����,��A�°
<br /> 'r°�' .: '�;•;:'�.; Estate, with interest thexeoa:at the rate of tWO �2) percent per anuuta above i. .-:` � `•.'�
<br /> �r`� ���° �� �k its then present rate. ' � • � �%���� �� ..
<br /> � ..:
<br /> ;�'::• ...,: ,,��,,s'
<br /> 'i� .; r,�Pd if; , . ;
<br /> �;f ;� This Deed o� Txust, the Note, and any other instrwnent given to evidence .
<br /> � � or further secure the payment and performance of anY obliqation secured hereby �. �
<br /> � �,. " are reYerreB to collectively as the "Loan Inatruments".
<br /> . �
<br /> , �� Y�0 PROTECT THE SECURIR`Y OF T!!IS DEED OF TRUST: , ' ' -
<br /> 1. PAY!!EN'P OF' INDESTEDNESS. Trustor ahall pay when due the principal :,_':�>i`:.,
<br /> ��' � of and the eres on, e n e tednesa evidenced b the Note, charges, fees ; �::"�-�
<br /> . ���' 1 �;`" an`tl all other avms � a� provided in the Loan Instrumen�s. _ � - �<�''�"
<br /> • _ , �.,_:, . .
<br /> ��....•� 'r�-c�:.'�., . f . .
<br /> . � � ,,;•�� 2. TAXES. Trustor ehall paft each inatallment of all taxes and special
<br /> ''����'�� agsessmente�verY kind, na�v or hereafter levied against the Trust Eatate or !
<br /> �:�;.iF- , , �l, �G ` any art hereof beFore deliaquency, withou� notice or demand, and ahall
<br /> - �''�??,�;�.���-�, , prov�de Benafic�ary with ev�dence of the payment of same. Trustor ahall pay + � ;°�•
<br /> � �`�''�`""'`��°�}�"'� . all taxes and asseasments w�tioh may be levied ugon HeneficiarY'a intereat �
<br />� �'����'��' �" ' here i n or upon t h ie Dee d o f T�u s t o r t h e d e b t g e c u r e d h e r e b y, w i t h o u t r e g a rc7 i '�;'
<br /> +�,!� ���,�.,:,.. .., 1 , . . ..
<br /> • ' ,�-;,�.,•���;;; . to any l�w �hat may be enaa��d #mposing payment of the whale or any part
<br /> �i; ; :+��: � thereof upon the Beneficiary. :
<br /> �� � ..:.�-` �� 3� IpgURANCE pND REpAIRS. Trastor shall maintain fire and extended • ,
<br /> -• � coverage insu ance insur ng e :�nprovements and builc3inqs constituting part � ,.
<br /> of the Trltgt Estate for an amount no iess thar� the amount of the unpaid � •
<br /> principal balance o f t he No te (cu-ins ura a c e n o t e x c e e c l i n g 8 0� p e Y m i t ted).
<br /> -• . • " S uch insurance p olicY shall contain a standard mortgage clause in Eavor of
<br /> Benefici�ry an d s ha l l no t be cance l l a b le, t e r m i a a b l e, o r m a d i f i a b l e w i t h o u� .
<br /> � -.-,= .� ten (10) days prior written notiCe to Beneficiary. Trustor sha11 pro m ptly .
<br /> repa ir, ma in ta 3n an a rep l a c e t h e T r u a t E s t a t e o r a n y par t t h e r eo f s o t h a t,
<br /> _ _ .__ •_ . .. _. ocevent�shallfthee Trus ot rncaanni��waste on orEtoathes Truat�Estate�iorate. In , _
<br /> � � In adriition to casuai.�y insurance, Trustor shall pravide anci pay the � �, .
<br /> � � . premiwns on comprehensive liability insurance covoring the premises and � �
<br /> ratecting the BenaficiarY and Trustor fram all cl�ima, demands, lawsuits, and
<br /> ° � �•� udgments ariafn�g aut of in�ury to persona or �amage to property accurring on :;;;,
<br /> � � � �e pra rt . The covarage shall be in an auount of not less than 300,000 ' '`...
<br /> . . . .. , .. 1�e ,: . :..
<br /> __- �- -,--_=_�=--- $i n 9 1 e,i�#.m i�-f a r t a a d 3 2 y i n 3 u s�.a n d p r o p e r t g d a m a ge. :The_liabilit g _ surance .
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