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<br /> �ttn8 Leosa L. �telk: 1�usQand and t�nfe �s �azas tenants xith rig c o aurvivarsh:p an aoL as ' _
<br /> , ��m���� tenants 'in ca�n Rt I. Soa 14C Alda, NE.68810 —
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<br /> = EOR YAtUA1tE COt6106G?ION,inciu�rq fh�ind�bqdn�ss indwitifi�tnc�in ad tl�tnat fi�r�in enat�l.tt�nc�a�+rlydi is Mnb1r
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<br /> - - - s�a�ryofM�efe�aT••uMKdndsa6l�e►tothf�sandconditien3oiMisOwdefTrutt.ltrndprop�elyd�svib�das�oNows=
<br /> � All of the Sast Half of the Nosthvest Qnarter.(E�NW1(�4) of Sect'son Thisty-four f34}*' - `
<br /> __ Tavnship Eleven �11? North, Range Ten (l0)� West of�,the 6th P.M., �ying soutb of �
<br /> the right-of-way' of the Itnion Pacific Railroad Compaay, alI in�Ha1L County, Nebraska,
<br /> EXCEFT a tract of land deeded to [iilliam'L. 8asrison in Warranty�Deed recordQd in Hook
<br /> _ . 1I6, Page 269� more particnlsrly desc:iDed as follo�rs: One-Hal€ acre af 2aQa off the
<br /> ' ,east aide of the Southeast Qasrter oE tbe Northaest Quarter (SEi/4NW1/4) af�Section�
<br />-� � . Thirtq four (34), ToWnship Eleuen �11} North, Range Ten fIQ), West of the 6th P.M.,
<br /> _ � in Hall Couaty, Nebraska, being a strip_of 2and $O.ro� north aad south and`
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<br /> " - ane rod.in width. � �; f � -�T� � '
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<br /> � .' ;,�_•. - TOGEiHER WITH,alt rerrts,profits,royatties,intame and other beaef'�ts der'�ved fran the�eal propert'y;all kos�s or subl{q�ses covecing ti�!� �-- -
<br /> " ` �•' ;;,;;�s.��`�. � real prop�rt�r or ary pation th�eof,raMi or hereofter existing ar�nre�ed inro,and all rigM,titk and intetest of Trusta thereunder,atl in- V•----
<br /> . , 'f .� .,:'�>�s"�;�';.,{•.�, terests,estate ar other ckims.6oth in�a�d in equity,which Trustar now has or moy hereofter a�ui►s in the real properry:oll'Rasertients. �
<br /> • :'!;.::;•,'•'; . ts-af�ray,tet�emeMS.hered'rtamei+ts a�d appurter�onces thereof ard the►eto:all oil and gos riylsts ard Orofds,warer rigltts a+d water J;,�
<br /> . .`�'�= 'E``j..``�'= stoctcr all right,titk and'aste�est ot T►usta,now owmed or hercafter acquired.in mid ta amr land lying within the�iqht-of-woy of ary rneei or . _ _
<br /> `•�! ' ,hghwny odjaning tfie Te6t propMy,any and atl buildings,fixtures.improvem+dits:oir�.upPuAeaonces eow or h�n#ter er e c t e d t h e reon a _ ,
<br /> � ` , � ' belonging thereto,{herein ieferred to as"tmprovenkm"or"Improvements"h rni�asnr ded all cwards made fo►4t�toking by aminent domaia - - -
<br /> . ' � o►by orry proneding or purchase in lieu thereof,of fhe whott or anY Dort of fhe real p�aperty. , ; '. �: ,.' „n�.
<br /> .. ,. All of ths fapoirg estots,properry and interest hereby comayed to Trustee hereia collectivety ratt►red to os the"Property". . :�,��
<br /> tN15 OEED OF TRUST SHAU SECURE: '
<br /> � . � . (o)Th�poyn►ertt of indebtedness evidenced by T►usta's note of even date herewitii in the principal sum of FORI'V TNA[iCA�1_?► -
<br /> . � .' - aem Nn��nn - -----�Itars (S3..n n.�nn,g0 l. �
<br /> . . � � to�tlNr with interest at the�ats a rotes pravided therein,(herein,.togethe►with any and all rene!�1s,modifaatans.and extensions thereof. ';,_
<br /> � � reterreA to os the"Note")both principol and imerest an the Note 6eb�g poyobte in acaQance�r:'!:�tF�e terms set fo►th therein;reference to <�::' ,- -;
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<br /> . ' � which is hereby mode,the final paymens o��rincipal ond interast,if not sooner paid and if ao renewots,modificatiorts or erten��s are made, � .- .
<br /> ., � � ' . '_ due ond payabb on MA.QGH 2O01 —.--: . . .
<br /> � , � • (b)The pe►formance ai eah ogreement aod covenont of Trustw herein contained.c�d � �• E '
<br /> ' � . ' (c)?he payment of airy sum or sums of money with interost thereon which mey be hereofter poid a odvanced under ttie tamrs af tfiis Oeed ot � �. • _ .
<br /> ' • ' Trust. ' ' '
<br /> ' ° � . ; , (d)The payment of aiy tutwe edvances necessary to protect the security or ony future advance maQs m the opfion at the part��s:an0 4 °.
<br /> . ' � � . . (s)1he pertorma�r.s of an obliSatlun of any other person named in this Trust tleed to a ber�eficimy. � , • .
<br /> • TO PROTECT THE SECURI?Y OF TH{S OEED OF TRUST.TRUSTOR NEREBY COVENANTS ANO A�REES AS frOttOWS: � , { ,
<br /> ' 1.�N�f/ti�,iw�/I�hraf.trustor shall prompttY paY wlien due the principal Of artd interost on the inQe'_teQrtess�;i�enced by fhe I �.�.
<br /> . Note,a�c'.1 athe�charges and fees as p�ovided in the Note,and tha principal of anA interest on c,ry C�ture Advonces secure�by�is Oeed of �
<br /> • ` Trust. '
<br /> - . '_ _ : :� ..: ... �
<br /> . `2.Mrirnety N TiU�.Trustor is lowiutty seiied and possessed of gaod and indefecs:�le titte and estate to the 6roperty hnreby conveyed ond • � _ .
<br /> has the 1i�ht to grant ond convey the Propertya the Property is iree and ctear ai�::iens and entumbronces excqst liens naw oi recad;and ; �
<br /> . ' �� Trustar wilt warrant and defend the title to the Property ogoinst oll cloims and aemands. ` ,
<br /> 8,�t�a M/��/N�a wi1U Mr�:�Trustar sha11 keep the Prope�ty in good candition artd repoir end sha(1 not commit waste or pe�mit
<br /> � • impainnent ordsfer'aration ot the OropeRy and shatl comply with fheprovisions o}any tease i}this QfEd of Trust is on o lensehold_No improve� ; . �
<br /> � ' � � ��meM now or hereafter erected upon the Propertyr shall be aNered,removed or demotishe0 without the prior written tanent a�Beneficiary. :
<br /> • � Trustor shall comply with etl tows,adinances,regutati�ns,covenants,conditions art�i restrlcticns aftecting the Prapertgondnot�co:nmit,suf(er, !
<br /> ' or permit any aot to be done in or upon the Property in vialation af any law,ordinGate,regulotion,covenaat,�it�or�or restr�etion,Ttustae � ,
<br /> . ' sholl eomplete or rostore promptty and in goad workmanlike manner any�improver�ent on tha Fra�erty which may tte damaged of destroyed cnd !
<br /> .,;..'' .
<br /> pay,wl�en due,aN elaims for tebor perfamedand materials iurnishe4tf�erefara cnd for anr olterarcr.,s thereof. ; ,
<br /> '. : � . 4. Mw�er.Trusfor,et its exper�sd,will maintairt with tnsurors approved by 8�sefieiory,insurance with respect to the Imprcvements and ' .
<br /> ` � � persanot properfy,tar.stiluting the Property,ugainst toss by fire,lightniny,tornada,a^.�other perits and hoiards tovered by standard extendee � . �
<br /> � - � - coverage endorsement;in an amourit equb)to at teast ane hundred perterM of th�fu:i repfacemeM volue thereof end insurante aqaiast suth • ' ,
<br /> . ,. ' other hatards and in sueh amaurits as ig customerity carried by owners and operetars of simutar propeRies er as 6enefic'wry may requi�e for its
<br /> '`''�':� ' protaetior►.Trustat will eampty with suth other requirements as Benef iciary may trom fime to time request fa fht proteetion by insurance o!1he �
<br /> � ' iMerests of the�espective parties.All insurance policies maintoineA pursuant to this Oeed o}?rusf sha11 name Trustor and Benefieiary as in- : • �
<br /> . . . . sured�,as fhetr respective interests atay appeor,and proviEe that there shall be no canteltatian armadification wit�►out no less than 15 days •
<br /> - ' -_ �• priar written noti�icotion fo Benetitiwy. In the event any polic�-hereunder'�eot rennwed an er beiore 15 doys p►ior to its expiration dote, ' -- --
<br /> •. __-____.__� r.�;�,�_ _ _. ---_.------ --._
<br /> ,:,-: �f .. � .- �s�til6YpfUCtN64tlCh�tfSUratfC�lfFGtfBFQtiilEe�fN`i��ith@�StO�iC�QOtG�IC�kThtll:6f.Tttsstars6dtdrlitiettu8ene�itiaeyti+eod4ina! - .
<br /> < ��,; policies ar�insur�ce m�d rener+rols thereof ar memo copies of sucb polieies and renewats thereof.k'.t;ne to fumish such insuranee by Trustor,or
<br /> `-�''�.-�.`• � renewats as requlred�nreuMkr shall.et the optian cf Bene�iciary,tonstitute o Qefaulf. . . �
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