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<br /> — � . ' `� DEED OF TRUBT `
<br /> � THIB UEED OF TRUST,io made ao af the 1�i.L11_day of MaY-. 19��,by and nmonR �,;„;�, r,�
<br /> _,�=�_�.—
<br /> Victoria L. Siutzman ("Truotor"),whooe mailina addreeo le :i�="�,�..;4---���«---
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<br /> P.O.Boa81, Csisv,Nebraak� 68824
<br /> NB-LAND REALTY THU3T ACCT. ("Ttu�tee"),whooe meiling add�eee ir �� �'
<br /> 1A21 N Hencock.Grsnd Ieland Nabraska 66603 , . •
<br /> Ad (3ilbert Ml. Hankiae ("BeneCciary")whooe mailinR addreae i� '
<br /> RR�3 Raveana Nebrsaka,6B869 . � %;���'�-��.
<br /> � FOR VALUABL.E CONSIDERAI'ION,7lruetor irrevceably tranefere.conveye and aesigne to'llruetee,IN ' � .' '�''
<br /> TEtUST,WITH FOWEIi OF SAL.�,for the benefit end security of Beneflda:y,under and subjdct to tlfe t�.rnei p ' �"�'""`°?�`�-"��'
<br /> � end condition�of tiu,e Deed of Truet,the resil property located in the Cit,y of �g i r� County of k --.,
<br /> ' � Nebra�ka Stete of Nebraeka.and legally deocribed ae followa(the"Property"): ��,. . .:`<=
<br /> � Lot OAe(1). 81ock One(1),Eigbth Addittion to C�iro,Hall Couaty Nebraska. " ••''•�:�:%�+.�, .
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<br /> 7YX;ETHER 1ViTti, all rente, easementa, appurtenanoes. hereditamente, interests in adjoining roade, � W• �
<br /> � s�eefe and aUeys,improvements and buildinge of any kindeituated ther�on and all peraonal property that may i ' ��`"'
<br /> ' ' be or here�fte�rbecor�aean int�ral part of ouch buildlnQe and impmvemente,all crope raised thereon.and all +.,�;.,: ,,.;�•t;�=-�
<br /> . . water righta. �' +'•
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<br /> , :,'ti'',,:: ' The Property end the entire estate and interest aonveyed to the'l�uetee are referred to coll�ivelY ae the �*�y-.�
<br /> ,; . . "Truet E�tate". ''�{`_
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<br /> ' �OR THE PUftPO$E OF$ECURING: �'+J�. '"""
<br /> ���,:.:,
<br /> - . a.Payment of indebtnesa in the total principal amount of$ 54,204.00 , with intereet r �
<br /> ���,
<br /> t}5%i 5n,201?videnoed by that certain pmmiesory note of evan date(the "Note") with a matudty date nf =_
<br /> ,executed by Truetor.which hae been delivered end ie payable to the order of
<br /> ( Benefiaary, and which bY thie reference is hereby made a part hereof.and any and aU modificsdono,exten. �.�='�-`��---
<br /> aione and renewale thereof,and
<br /> b.Pr�yment of aU oume advanced by BeneSciary to protect the Truet Eotate,with intereat theraon attherate
<br /> nf�leven �!rn�nt(. . �114h)par ennum. —_-- -_-- -
<br /> '1'hieDeedofTrust,theNote,andanyotherinetrumentgiventoevidenceorfurthersecurethepaymentand - - -°�
<br /> � ! . � perFormanoe of any obligation secured hereby are referned to collectively ae the"I.oan Inetrumente". �,_,��_ -_
<br /> •' '• : � TO PROTECT THE SECURITY OF THI3 DEED OF TRUST: �___ -_
<br /> `� � 1. PAYMENT OF INDEBTEDNE93. Truetar ehall pay when due the principal of, and the iatereet on,the �,
<br /> . :,;.
<br /> I indebtedne�e evidenced by the Note,char�e�,fee�and all other wm�a�pmvided inthe Loan In�trumenb. _
<br /> 2.TAXEB. TrurWr ehall pay each inetallment of all texee and epecial aeeeeemente of every kind,now or heresfter ___
<br /> � levied egalnet the Tn�et Eetate or any part thereof,before delinquency,without notice ordemand,and ehall provide
<br /> BeneBciary with evidence of the peyment of eame. 1�uetor ehaU pay aU taxee und aeeeeemente which msy be levied -_
<br /> ' upon Bene6ciary'a intereet herein or upon thie Deed ofTruet or the debt eecured hereby,without eegard to any law that
<br /> raay be enacted Impo�ing payment of the whole or any part thereof upon the Beneficiery.
<br /> 3. 1N8URANCEANDREPAIIi9.Teurtorehallmaintainfiresndnotextendedcoverageineuraeceineuriegthe
<br /> improvemenle and butldinge conetituting pert of the Trust Eetate for un amount no leee than the amount of the —_
<br /> ' unpaidprincipalbalenceoftheNote(co•ineurencenotexceeding8096permitled).3uchineu�ancepolicyehallcontain -���.._—
<br /> , a�tandard mortgsgeclauee in favar of Beneficiary nnd ehell not be cencelleble,termineble or modi�able without ten ;,�5�"�,�r,�;,,,�_.
<br /> (10)deye prior written notice to Beneflciary. Truetor ehal)prampNy repair,maintain and replace the'1'ruet Eetnte or �;��ii}siro��'.`
<br /> � anypertthereot'eothat,exceptforordinarywen�andtea�,theTruotEotateohallnatdeteriorate.lnnoeventehellthe , ,;�;,��_°-°�-
<br /> 'I�u�tor commit wa�te on or to the Truet F.etete. ' � '�`�;,��
<br /> 4. A(7CION8 AFFECTING TRU3T E3TATE. Truator ehall appear in and conteet any action or prnceedinu , • "!""���'
<br /> purpurting to ef[ect the eecurity hereof or the riqhta or powere of Beneflciary or Truetee,and ehell pey all coete and , • --�s;� x—�,;
<br /> expeneen,including coet of evidence of title and ottorney'o feee,in any euch actton or peoceeding in which Beneficiury ' . ._�,�.,"
<br /> orTrwt�e mey�ppear. 9hould Trueeor fail to make any payment ar to do any act ae and in the manner provided in . ' .
<br /> ,� any of the[.oan Inetrumente,Beneficiery and/or Truetee,each in ite own diecretion,without obliaation so M do and ' '
<br /> wilhout noHce to or demend upon Truetor end without releaeing Truetor from any obligation,muy mnke or do th�
<br /> eame in such manner nnd to euch extent as either may deem neceesary to protect the eecurity hereoP. TrueN�r ehnll,
<br /> immediately upon demand therefor by Beneficiary,pe,y all coeG�and expenees incurred bv Reneficinry in connPCtiun
<br /> �� with the exercise by beneficiary of the foreR�inQ rights,including without limitntion coAln of evidence uf title,court
<br /> • � caets,eppraieale,Burveye snd attorney'e fees. Any euch coete snd expen�er not paid within ten(l0)daye of written
<br /> '.. . i demand ehall draw intereet at the defeult rale provided in the Note.
<br /> ' 6. EMINEIVT DOMAIN. 3hould the Truet Eatate,or nny part thereof or intemat therein,be t��ken��r dnmuueci by
<br /> ' reaeon of any public improvement or rnndemnation proceeding,or in any other manner including deed in lieu of Condem•
<br /> . , netlon("Condemnation"),or ehould Truetor recive eny notice or otherinformation reRardinR auch proceedinQ,Truetur ehnll
<br /> � gire prompt written notice lhereof!o AeneBriary. Beneficiary sheU be entitled to al1 compeneetion,nwards und nther puy
<br /> mente or reHef therefar,and ehell be entitled at its option to commence,appear in and prosecute in ita nwn nnme any actiun
<br /> ' or procecdings. BeneBcinry eha�l aleo be entitled to make any compromiee or eettlement in connection with euch tukinQ ur
<br /> ' , demage. All euch cnmpeneation,awarda,damagea,righfe of action and proceede awarded to 7'ruetor(the"Proaedri')tve
<br /> hereby aeatgned lo Heneficisry snd'I�ueWr agrees to execuke ouch further aeaignmente of the E'roceede ae 8eneficinry or
<br /> � • 'llruetee may requfte.
<br /> I 6. AYPUIN17V1ENT UF SUCCE930R TRUSfEE. Aeneflciary may,from time to time,by n written inetrumcnt
<br /> ' �� ezecuted and aclmowledged by Beneficiary,mt+iled t,o 14�uetor end Recorded in the County in which the Truat F:atnte ix
<br /> � • located and by otherwise complying with the proviaione of the applitable law ofthe3tate of Nebrnska subatitute asucceesor
<br /> or eucoeeeare to the'l�uetee named herein or acting hereunder.
<br /> 7. $LICCFSSORS ANb ASSIGNS. Thie 1)eecl of 1�uet eppliee to,inures to the 6enefit of and binds ell purtieH heret��,
<br /> their heire,leRateee,devicees,peraonnl repreeentativee,suoceeeore and aseiane. The term"F3ene8ciery"Ahull mean the
<br /> owner and hnlder of the Nnte,whether or not named ne Iieneficfary herein.
<br /> i fi. INSPF:C170N5. Heneticiury,or ita nQenta,repreaentatives or workmen,nre nuthurir.�d t�i cnter��t s�n>•r�wxunnbl��
<br /> time upon or in any purt of the 71�uet Retate fnr the purpoae of inaprctinR the eame and G►r the pur�x��e�of pi�rfurmink t�nv��f
<br /> ' the acfs it ir authorixed to perform under the terme of an.v of the Loen Inotrumenfa.
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