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<br /> - - .. . . - . DEED 0�.�'RU9T � : .� - _
<br /> THIS QEED OF TRUS�,is made ae of tl�e�.�dag of Yu�¢ �19.�2...by and among
<br /> 'lti�I�yess, a single pessaa. �nd Derrel l�iib�ss and Joyc��7'rnsta"?.Whoee ma�inB addn�a is . .
<br /> -_= �Ibese. Iroahand and vife. PO Hoac 20�.5. Kearney. t�8 68&!8 . � � �
<br /> Rudolt F. Plate 2608 W.�02d Fair Road • � t"�").a'haae mailin6 gddrws is .
<br /> —__= Islai�I. NF 688Q3 � (NBentfi�isry►"1 arhoee mailing add=eiu is �
<br /> __� _�� _� -- . ��a�Business FTor�d Iavestaents. Tnc. . —
<br />�- - _ - k'OR.VALUABLE CON9IDERATION,1Yuata irnva�ablgtr�sfee��oonveYa and aeei�s toTitarte�lN
<br /> � TRUSf.WFI'H POWER OF BAIF..far the ben�fit�ad aecu�it�v oiBenrficiatY.vnder aad eubje�t tathetesma
<br /> andoo4dilion�oftfi�Dee�oil�cost,therealpmpe�tylomtediatLeG"ttYof �'�.r�d Tsla�rl ,CouaR9of
<br /> � emd de�c:i6ed ( "�P�b►"�
<br /> sa>> � ;Stde of Neb�ra�ta. 1e�a11,YY as follo�r� tbe .
<br />� Lot 0[te (1). Jensea �ivisias: to the Cf ty of Grand ,Islat�: Bav. Oounty, Nebraska _—
<br /> , �_ --
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<br /> �--.� ��GE'1�iER WPi'H„aU nnts,eas�amts.eppw�tenanaee, heseditamente.intereats in adjanin�r�_a,de, :�=--._
<br /> � _:_ `
<br /> ;• �,.�:- stieefaeadalk3►s.imPmvemd�iasndbuildin8aofanylnndeituatedthesconandallpeesonalprupMytisatmsy -� t�=°:�_
<br /> . � �ae�s be�oine an mte8�P�af sach bnildin8s and'unprovemente,all cmpe raieed td�enon,and all , __
<br /> _.�'- �vafa�b• ' � . • . . ; .
<br />- � 11�e PropaEy and We entire eetste and inter�t conveyed to the Truatee ue refeaed to aolledivelY as the ' ` _ �.
<br /> ;' �� . "hu�t F�tste". FOR THE PURP08E OF SECUA�IN(� f, . • �--
<br /> , ' r �t.', F ,L _.
<br /> ''`' � . 20 000 ' = wit'6 iAtenet ' -
<br /> ` t: :' a.Payment af inde6meaa in the total PrinaPal amaunt of 3 • ` '"
<br />__ � � :_.. r ._._.. �.__.�_ � -
<br /> � ` thereon, as evtdenoed by that cettain Promiseory note of even data tth�"Note'��vith a maturitY date of - ;, -
<br /> tain
<br /> . < _ . � ,executed by Trustor,which has been delivared and is�peyaWe to the order of ; �� . . , `.T;,-'�``
<br /> . -� .- Ben�a�arg�and w}urh hy tive refereace is hereby raad�a pait hereof.and aq9 anr�all madificatlons,extar � . . � � :�
<br /> ' � eIons and tenewels the�eoL aa d :�
<br /> �` • . �b Payma�tofallaurmadvanaedbyBeneficiarytopintecttheZSrustEstat�splthintereettUereonsttts�rate :'�
<br /> ' �", ?`,_ ; . 3 of Ni -Peramit(---�'°�?)per anuum. �. . ... j.`• _
<br /> a°.. .
<br /> ' .� ' . �hisDeedofTrast,theNot�anda�-�°herinstramentgiventoevidenoeorfiutheraec�uethepayac�snd �� . . : � .
<br />. _ - . . � p�edors�ianoe of anY�1iBatiaa s�ca��eneby are ieferred to aolleetivety ae the"I.oan Inat�a�eat�: , ;�. :
<br /> • Tp pRQT��T�HE SECURITY OF THI3 DEED OF TRUST• ; � � ,
<br /> • � � 1, pAYMENT OF INDE$'1'EIID�''EaS. Trustor ahall pay when due the principal of,ar_3 t.�'e interest a:s,the � . � `_
<br /> ' indebtedneas evidencxd by the Not�charges.fees and a11 olher auma aa provided in the Loan Instruments. - , �� .
<br /> I � �;'.,: ' ;� ' 2 TAXE9.Trastorahaiipapeachinstallmentafalltaawwandepecialaeaesementsafeverykind,noworhereafter -
<br /> levied againet the Truat Eatate or any part thereof,befoie delinqaency.without notice ordemand,and eha11 provide
<br /> i,., �`'� �� � BeneSc�ary with evidence of�&e payment ot same.Trustuss�all pay all taxes and aaseaamente which may be IevIed f, : _ � �_ , :-
<br /> � � � uponBenefictasy'eintereathere:sosupanthisDeedofTr�tert$e�eb�s�uredhereby,withoutngardtoanylawthat ; • . .
<br /> . � ,i mt�y be enected�mpoeing paycseat of t�e a'asle or any�ast t�°rEOi��sn the Beneficiary. .
<br /> � '"• 3. INSURANCEANDREPAIRS.Trus*�rahaUmx�:�t.ainfarear�.c�oiextendedcoveraReinanranoeinautinSthe
<br /> . . ., o nt af the �' . . - . .
<br /> �.• ; 'sm�rovemente and buildings c�natitnting part of the T�'.�est Eataie for an amona�no iesa than the am u ;-
<br /> � �°` �•�`� '' • � vapaidprincipaibalaaeeof��ell�otetcainaUranceaotexxeding80:'ope;ts�ittedl.�w::�innurancepolicyehalictsntein 4 � � � . •
<br /> � " ` ' ` � aatsndardmortgageclauseinfavasofBeneficiaryandahallnotbecaT.cellable,teri�ina6leormodifiablewithoutten , •
<br /> � �� • (10)dsys prlos wrltten notice to Beneficiary. Truator ahall promptly reL�ir.maintaln and replace the Truet Eetateor � . i ��
<br /> " anyp�utthereofeothat,eaceplforordi»arywearandtear,theTsuseG.�:eshallnoldeteriorate.Innoeventshallthe � • _ . ;;��
<br /> . • Truetor commit waak on or to the Truat Eetate. , - _`;��`'
<br /> . . � � � -- . .
<br /> � - � 4. ACTIONS AFFECTTt�G TRUST EBTATF. Trnstor aha11 a�peat in an:c�conteat any action or proceeding � ,
<br /> purporting to affect the eecazity hereof or the ri�hta or pnwerg uP$eadCciary crTr��.ee,and ahal)pay all caats and !
<br /> - • expenaes,inclndingcoatofevldenceoftitPeandattarney'sfeee;inacec��haction��toceedia�InwhlehBeneficiary ' F . t
<br /> • . j t or Truetee may appear. 9hould Trua:os��to make any payment a�r to do any act ae and in tiie aanner provided in
<br /> • any otthe Loan lnetruments.Beneficiary and/urTruetee,each ln its own discretion.without cT_gation ao to doand !
<br /> ' � • without notioe to or demand upon Truetor and wlthont releaeing Truatar lrom any obligatlon,iney make az da the ; , ,
<br /> ' - -�--- - same ia suck mannee and to euch extent As either ma�deem neceasary to protect the secnrlty hereo!Tr�:stos ehall.
<br /> immedlately vyon demandlherefor by Bene�ciary,pav a;l coats and expensea incurred by Henerdary In coraection �- - • �-
<br /> ' with the eaerclee by benefielary of the forettoinR r�ghts.inctuding withaut limltation coats of evidence of ti�e,court �
<br /> coels.appraieats�enrveye and attorney's feee. Any euch coste and eacpeneee not paid within ten(10)daya otrvrltten << � ' ,
<br /> � demand ehall drew lntereet at the defamtt rate provided�n!he Ncr,� �'
<br /> � • b. EMINENT DOMAl1�S. 3hoWd the Truat Fatate.ar Any part thereaf or intereet therein,be taken or damaged by � • . �
<br /> ' naan of any pnbl9c improvement or condemnation praceecfin�.er in Any ot�er�:aEnner including deed in lieu of Cnadem• i� •
<br /> • � � na8on("CondemaatIodh.orehouldTruatoxreclveanyno�iceorothesinformationre�ardingeuchproceeding,Z�ruatorehall � •
<br /> give prompE wrltte»notice thereoito BmeBeiary. Bene6Flary ehall be entiUed to alt compeneation,award�and othes pey �
<br /> • ment�arselief thecefor.ead ehell be entitled at it�optlon to commence,appear ia snd proeecvte in its own n�une any scdaa , • . ,
<br /> ' � ar Droaedinge 8ernfldary ehall aleo be entitled to make any com�tom9sc�or eetllement ln oonnectian with euch tahing or .
<br /> ' � � � ' d�maae. All auch compeneation�awards.damagee,�ghte of action end pmcecds awuded to Ttuetor(the"I'toceede"►ere .
<br /> he�eby aseisned to Heeeflclary and 7�uator age�ee�to execute auch furthee aea3g�ente otthe Proeeede ae BmeSdsrY or ,
<br /> . Truetee may n9uire �. .
<br /> � ,'� 6. APP6INTMENT UF$UCC�4bR TRU$'1'E:�. Npttc�ftetary mn,v.fi�m time ta Hme.by a arritten inetrument - � -
<br /> ' • esecuted And acknawledged by$eneftclary.maited to Trustor an�}Itecorded!n the Counly in wh9ch the T:ust Eatate ia �
<br /> - ' bcatedandbyotherwlaecomplyin8wlththeprovisiunsottheapplicabtelawoftheStateofNebraeka�ubatituteaeucaaeos � ' .
<br />_. � � or eucaeeors to the 7lruetee nemed hercin or acting hereunder. � .
<br /> ' ?. 9UCC�SSUAB 11ND ASSItiNB. Thie Ikrd of'Pruet epDliee to,inure�tn the benefit af and binds ali paidee hereto.
<br /> . their he&e�1eltetees.'deviceee.Personal repreeentntives.euaeru�are and aeeign�. The term"Heneficiery��ehall mean the .
<br /> '..---.--___ --_'—�_-----:_-;- awner and hol�r of the Nafe.whelhcs or not named ae�hef riary hereln. - -
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<br /> 8.1N9PEG7TON3. BeneficiMr,or its agentn.repr�entativice os workmen.are gutha�zed to enter ai anp reaeonab2e
<br /> ' t�e uppn o�r in any pe�of theTrne!Eetate tor the purpose of inepeciing the aame Rnd for the purpoee of perturmir��any of , . .
<br /> the acfs i!is authorhed to oerfam uader the tenne of any of the Inse tnehutttentr. .
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