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<br /> `��`, •.•.„�`,. ,:^* � •; 1'HIS TRU3T oEF�o,mtl�� 13th ��,a P'�eY ,t� �bl►�nd amorp
<br /> ' t�. ,�•.,•� eDd Diane K. orne uo, ua an nd wi�d
<br /> �:•r��`�" ������� Rt. 1 Box 94, Kene saw, NE 68956 _
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<br /> , ., • (huoin"Truttor'7�and N/M�M�whoN mWirq�ddr�It P.O.8ox�97,Wood River,fJobra4ka88883�(fwrein"Truatae;�end"BenMkiary��).
<br /> . f0it VAIUABIE CONSIDERA110N,includirg th�ind�bUdrNSS indmtifi�d hK�tn and th t►ust Mnin u�at�d,tlw naipt of whkh is hrnb�
<br /> .' 8 " odcnowlMlp�d.Trustar knvatabl�qrads,tronsf�rs,conv�yi,ond assipns to TrostN.IN TRt1ST,WITH POWER OF SALE,fa th�bMafit ond
<br /> �:�_.__ _.°. _�.; ���{�fK�.���to th�term�ond caiditfa�of thi:ONd of Trost,th�r�nl property d�strib�d os folbws,
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<br /> The Eask Half of the Southeast Quarter (E�SE1/4) and the Southeaet Quarter of
<br />�'; , .. , the Northeast Quarter (SE1/4NE1/4), Section Six (6) , Township Ten (10) North, � ,-
<br />�;;�;�• ' " Range Eleven t!I), tilest of the 6th P.M.� Hall County� Nebraska. _
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<br /> _ , = Tl�{THER WITH,oll rents.profits.royoNios,incame ond othor benefits deriv�d from the rQal propen�,all leases or subkases coveriny the _-- _. -
<br /> � � nal propQny or any portfon th�reof, naw or hereofter existing a entered into, and all riyht, title and'mterest of Trustor thoraunder: all m- —_
<br /> tKests,�stat�or other tlaims,both in law ond in equity,whith Trustor now hos or may hereofter acquiro in the reol property;oll easements, �•,;;�s�-;�
<br /> , ��'�•�'" riphts-of-way,terwm�nts, herQditamants ond appurtenonces thereof und thereto;all ail and yos rights ad profits, woter rights and water —�_
<br /> • . stack�all ripht,title and interest of Trustor,now owned o�hereaher ucquired,in and to any land lyiny within the riyht•of•way of an�street or ��'�,s.�� __
<br /> � , hlyhway adjoinfrg the reol p►opQrty, any ond oll buildinys,fixtures, improvements, and appu�tenances now or hereaNer eracted thereon or ��''•� , _
<br /> � Mlonginp thereto, (her�in referred to as"Improvement"or"Improvements"I:ond ony and dl awords modv fa tFw tokinq by eminant domuin . •�• -- '��'
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<br /> ; �� ,., or by an�praMdirg or purchase in lieu tharQOf,of 4he whola or any pa►t of the real property. �1�--�•,::.:. .
<br /> � All of tM fa i Qstate, r �t ond intere t hereb�conve ed to Trostae henin eoU�ctively refered to as the"Propaty". • '�•`'�
<br /> ��Y P� Y i Y. •�,�.:
<br /> � An Irrig ation gui ment ease in the amaunt of Thirty-one thousand �,,.,,,Kt;,,•...., -•
<br /> " T���i������i �+��� an� 5p/100 (�3},�762 50� Seventy-five ' ' _-
<br /> (a) M�a�rment� r� te ss ev denc by Trusta'S note o oven dat� �rawith in tha principol sum of „�,,;�,,���_- ''`
<br /> � t o san and no 100-----------
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<br /> • topetMr with lntenst at thQ rote or rotes pravided the►ein,(herein, topether with any and oll renewals,modificotions,and oxtensions thereof, '',
<br /> nferr�d to as the"Note")both principol ond interest on the Note beinq payable in accordonce with tFw terms set foMh tl�ein,rQference to . ,
<br /> ' • • whith is h�reby�,th�find�payment oi principal and interest,if not soorwr paid and if no ronewds,modificotions or�xt�nsions a�mode. �. •� .
<br /> . dw ond payable an_ Ma_y_13 � 1997 ----- - -- -- --- - - -- - --- ----.-- ------ • .
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<br /> ' (b)The pQrformante of each aprQemont and covenont of Trustor herein contoined;o�d
<br /> .. (c)Ttw payment of any sum or sums of money with inte�est thereon which moy be hereoftQr poid or advoncQd undar tiw t�rms of this D�d of � -• -
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<br /> - . Trost. -_'� .
<br /> - (d)The pn�ment of any futwe advances necessary to protect the security or any tutwe advance made at the option of the partMS;and •::�;:=�_ _
<br /> . • (e)The p�famante of an obliyation of on�other person named in this Trust Deed to o benef iciary. � `�'
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<br /> • TO PROTECT THE SECURITY OF THIS DEED OF TRUST,TRUSTOR HEREBY COVENANTS AND AGREES AS F011OWS:
<br /> ' 1.hrw��f of hMeiMl�i Inf�nh.Trustor shall promptly po�when due the principol of and interest on the indebtedness evide�ced b�the ;
<br /> Note,ond all othar chorpes and faas os provided in the Not�,and tFw principol of and interest on ony future Advances securQd by this Deed of
<br /> , . Trust. �
<br /> 2,w�reMf�of ihl�.Trustor is lawfully seized and possessed of goad and indefaasible title and estate to the Propert�hereby conreyed and ,
<br /> hos the ripht to yront and convey the Property;the Property is free ond clear u,f all liens and encumbranc�s QxcQpt liens now of retord:ond
<br /> Trustor will warra�it ond defend the title to the Property a9oinst oll cloims and demands. .
<br /> 3,M�t�Mna ad Co�pNau�with Lrw�.7rustar sholl keep the Property in good tondition ond repair ond shall not tommit waste or permit
<br /> impairment or deterioration of the Property and shall comply with the provisions of ony lease if this Deed of Trust is on a leasehold.No improve-
<br /> ' ' ment now or hereaher erected upon the Property shall be altered, removed or demolished w�thout the prior written consent of Beneficiory.
<br /> Trustor shall comply with all lows,ordinances,regulotions,covenant a,conditions ond restrictions offecting the Prope►ty and not commit,suffer,
<br /> or permit any act to be done in or upon the Property in violation of ony low,ordina►ce.regulation, covenant,condition or restriction.Trustor
<br /> shol)complete or restore promptly ond in good workmanlike monner ony impravement on the Property which moy be damaged a destroyed and
<br /> pay,when due,all tloims for bbor perfarmed and moteriols furnished therefore and for any olterations thereof
<br /> � 4. Ipwn�e�.Trustar,at its expense, will maintain with insurors approved b�Baneficiary, insuronce with respect to the Improvements a�d
<br /> personal propeHy,constitutirq the Prapeny,against loss by fire.lightninq.tanodo,ond other perils ond ha:ards covered by standard extended
<br /> coveroge endasement,in on amount equal to at least one hundred percent of the full replacemenf value thereof and insuronce against such
<br /> other haiards ond in suth amaunts as is tustomorily carried by owners and operotors of simular propertiee ur as Benetitiary may requirc for its
<br /> protection.Trustor will comply with such other requirements as Beneficiary may from time to time request for the profection by insurance of the
<br /> intereSts of the respeCtive parties. All insurance poiicies rtwiniun�eri pw�uu��l iu Ihis"ueau ot Trus=5�0�� ��:�C j��:!C'�t!�Q?n!#�C���y n��n-
<br /> sureds,as iheir respective interests ma�appea, and provide thot there shdl be no concellotion ar modificaticn without no less thon 15 days
<br /> prior written notificotion to Beneficiary. In the event any policy hereunder is not ren�wed on a befare 1 S days prior to its exp�rotion dote.
<br /> Benefitiory moy pracure such insuronce in attordance with Ihe provisions of poragroph]hereof.Trustor shall deliver to Benefitiory the original
<br /> policies of inswance ond renewals fhereof or memo copies of such policies and renewals rhereof. Failure to furnish such insurance by Trustor.or
<br /> rmewals as rpuired hereunder shall,at the option of Beneficiary,constitute o default.
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