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<br /> 8ee�and�e-d;sin+c� He'Tras—T"ca`CoTrporat o'�'"�—' �/��oneormore.lhsrsinafterc�Iedths"Trtrs[�'!. _
<br /> -- �m��� P. 0 Boz 1015 Graad Ialsnd. Rebraska b8802 . �_
<br /> �a�yf(fdi��+C�(�yT�O��YI(�f c� (he►eli►�[srsa�edthe"Tiustee').whose�� fs
<br /> � LVL 1�• ifus 1 • .os+u�R��7•Q�K �7s��ne4s fTst�n�n1 •aann{AL�Afi [ __=
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<br /> SECl/RlTYAQREEMF.MUNF��`ttENEBRASKAOQhtS�R+ iP�TI�NJ.lENACTANDCREATE$ �-`=°-=
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<br /> . OFSCRIBED HEABi�f$F10W. . :• :.. , . ;: ,--_ -
<br /> WNEREAST�Istnd�eb[�d��lfcta►Yfr►thePainctPa►srennof ' FIFrY THOIISAND AND NOI100 � --- -
<br /> p,�s� �O.00U.00 ),wMch�ndeb/ednessb e�ldencedbY Tr�eors�{qmiss�ory dated_���� 9 �� -,19..22._,,(herelnaA+e► ,. .��'�
<br /> ca/ed�"MOfs'1,P8Y�l�atheo►deidBensficiaryandl�avTpgamaturityafllec� 7 � 99�— [�;�_-��_-----------=
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<br /> � F , ; r �`F.� . ,r` .i�;� C1ty' Of GTAAd IS].Sad� Hall County, Nebraeka ��'�'
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<br /> � � ;% �. tn�qier w1Gh(11 A►I buiklk►y9,aericmrea,addldons.enlaryer►�n�ts,rradlflcadqris.!ePalrs.�epfacanent�,and Improven�ents rtow a hereadter �� -�. ' ,�
<br /> : . . �� boabd�lirnol►.(N1 aN eqWPrnent.maclMne►Y and Bxtures(lnckidln9.�vlthoutNmlfedoa.aN NghNn9,f►eating.venG�atlnQ�cooNn9.ali ..�
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<br /> � `'��;.;; �:_:� : � , �+�d�9.����P�►►DIn9lPxtures.waterand w6►sYstems.englnes,bolle�8.�an9es.avens.dishwashe�s���m�� " ' ,;,' .
<br /> _ . . . - . c�rp�p�iiy,Iumacss,dt bumsra.eJeva�o+s and nwtas.r���aNat Pfants a wMts.aonxrHU�tcation aystems,dynarnos, _ , �
<br /> ... eQutpr�nti amrrri and screen wlndows,0oors.awNngs er►d shades)now whereatterattached to,abullNn,arrybW/d/ng orlmprvvsmerN '�-"�
<br /> , , . � 110w OI hMAlA'M kCa[!d thAl6Wb�li)aN easements and dgMs ot waY�PPurtertant tl►ereto.fV).dl!18859l►Old BSta�9,d9h6 Mb e1N11�1AlIlSt M _ . . ' 'r�'
<br /> . . Ti�uroNn and to a�l kases.whether now or herealta►exlsdng a entered lnia nncluding,witlaert Ilmitatlon.ell cash and securiry dspoaJts, ;, . "�
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<br /> ' �dVanC�ranfds and deposlls a p�yn�ents at a slmfla►nature1.PBKalMng Hrereb.(v)sI!rents,tssues.ProfAS and lncame drerslrom(anb�sct .
<br /> � (p!1��ht ol Tius�Dr toCONect and eppy sucA►ents,issue8,pto�its and Income as they beccme due end payeble 80/ong as no evsnt of ;�
<br /> , dKault sxlns Aeraunder).(vl)aIl royalGes,mineral.al and gas rights end proFRS,water,water dghta,and wafar atock,(W!)dl tansmsnts. �.�
<br /> � � . Mr�ihnNn(s.privil�es and appurtenances belonging.used a enJoyed!n ca►nectlon iheiewfM,and(vlii)dl proceeda of convs�alon. ' . -
<br /> wli,ayry alnrroNrntary,p/any o/the foreQoing into cash a 11qWdated c!alms(Jnc/uding,wlthout kmKation,proc�eds ol�nsunrra aM _
<br /> . � condrnnNtlon awardal.aN ol wAkh Is herelnaAbr collecdvely called tAe"Trust Propsrry...
<br /> � TO PROTECT THE SECURIIY GF THIS DEED OF 1RUST.tRUSTOR COVENANTS AND AOREES AS FOLLOWS: �
<br /> - • •. . 1. TiNs.UusAor covsnant�,waaants and ag►ees witl►Beneficfary,tts successas and asslgns.tAat Tn�stw owrts drs Tiun Prope►ry tn� .
<br /> ' 1h�m�ny prior Nen or encumWence,that th/s aeed ol Tiust Is and will remaln a vaJld and enforceab/e fliat Nsn on ths Tnrst ProDsrry. � ' . �
<br /> ' , , tl�at Tiusbr.et(b expense,will presern such dde and wlR malntaln thls Oieed o/lnist ss a Nrst and paramouM Nsn upon fhs Trwt • � • � .
<br /> pro,pe►ty and w1N foreve►wa►�ant and defend the validiry and pBor;ry al the lien hareol agalnst the claims o/e/l paisons aad paMss �•
<br /> whcroswver.Tiust+or,at�i expense,wtl!cause thls Qeed ol Trust.and each amendment a supplement hereto,ro be nled end „ � �. �
<br /> ' � r�corrNd as e moKgage ol fhe Tir�st Properry!n such manner and!n SuCA p/ece and will take such tiCtlon as in ths oplrNOn ol�iustbe , �'_
<br />� � . may bs rsqu/rod 6K any presenra wd,re/awln adei ta pe�fect,malntaln end protect Mellen ol thls D�eed 0I�iusL as Ehs aams msy ,
<br /> � pe arner�did o►BUpplsmsnMd from Ume to dme.�iusta will meke such lurther assurance a assurances to psAect!ta tlNs to ths Uust �• , '
<br /> - � pnpperty eS m�1y be roqW►ed by 8er►BflCldry.�iustor heroby reNnqWshe9 811 dght ol dowe►and/wmeStsedl�end t0!he Tiust PrOp��1y. i. . . . .
<br /> 2. Payment ot Indebtedness.TiusMr shaD punctualy pay the princJpal of and�merest on the fidebtedaess aecured hsrsby. ' � ' •
<br /> ' _ � ' � a Con�uctlon o/knp�vBme�Ms.Tiusto�shatl comp/ete rn good and wo►kmaMike manner arry bufldings,knprove�r�en(9 a rePafis rvlaDf►►9 �
<br /> • . �. thersto wf�lCh m�y De begun on the Tiust Properry or contemp/atad Dy Me ban evldenced by the Note secured hers0y,M pay wher► ;- .
<br /> ��`�� . ' due N/costs and Gabllitl6s�ncu�red therefore,artd not to permit erry consbuctlon Ilen agalnst such Tiust Property.M the event �
<br /> - -� -- -- corts�ucUon ot bui/dings,imp�avements o�repalrs are contemp/ated,Tiustw also agrees,anything In Nus 1)eed o/Tiust to the conbary ; . _
<br /> � notwithstanding;(a)to promptly cammeace any such wo►k aad to complete the proposed�mprovements promptry,(b}ro comp/ete the � _ -
<br /> . ams/n accordance wlth the plans end speciNceAons as approved Dy 8eneliclary.(C)to camply with ap the terms o1 e building ban ; .
<br /> � aqreernenf,il any,between Tiustor and 8eneficlary,tha ferms al whlch are incorporated here(n by re/e�ence and made a part heraot, '
<br /> (dj to dbw Benellclary to Inspect the Trost Properry at alt ttmes du�ing conSbvcUOn,and(e)ro replace any work or matena/s
<br /> '_ • :� � urtsatlateCtory b Beneliclary wiihin fiftee»(15}days alter wrllten notice from Benefic►ary of sucA fact.
<br /> � E � Fands fa Payment ol Charges.Sub/ect to applicable law or to a written waiver by 8eneficlary,Tiusfor shaB pay to BeneNclary on the :
<br /> ' " • � . k liiat deyW eachrr�onth,or such othe�date each month as may be speclfied by Beneliclary,unG/the Indebtedness ls pald In lull,a sum
<br /> • . '� (haminaA'er calkd the"Funds")equal to t�t2th of the yearty fa,res and essessments whlch may attain pdanty ove�thls t�ed ol Trrtst .
<br /> and grarnd�eMs on the Trust Property,if 8ny,plus f112th otthe yeaNy p�emium instaBments for haza�d�nsurance,plus 1�12thot the
<br /> . � yearly prem/am Instalfinenfs for rrroRgage insWattcg.If any,elJ as�easanabty eshmated initialty and hom time to time by BeneRClary an •
<br /> thA basls o/as5essmeMS and bi0s and reasonable esfimates the�eof.1'he Funds shall be hetd in an Ins6t�r6on,the deposits or
<br /> accoun(s ol whlch are Insared a guaranteed Dy a lederal a�state agency including BeneGciary.Berteliclary sha/l appry Me Fun�9 b
<br /> � . . � j pay aafd taxes,assessments.rnstuanCe premlums 8nd g�oand rents.BenefiCiary shall not be requlred to pay Tit�sfor any intarest or
<br />• � '. � { eamings nn fhe Frtnds.Beneficiary shall gtve to Tiustor,w�thout cha�ge.an annual accounbng of the Funds sAOwing o�ed�ts aad .
<br /> -:.� deb+7s to Nf�Fyr�ds end the pt�ipose fvr whrch each debii ta the Funds was made.fhe Funds are pledged as addrtton8l secu�iry tor - �
<br /> { the Indebtedness secured by thls Qeed af Tiust.It the smaurtt of the funds hefd by 8eneficiary,togethe�w�b►the Iuta�e manthry
<br /> , . I irtstallments ol Funds payable pnor to the due dates af faxes,assessments,insurarrce premtums and ground►ents,shalt exceed the
<br /> arnount reqWred!�pay 8ald taxes,assessments.lnsurance premlums and graund�ents as they tatt due.such excess shatl be,at
<br /> t �iusQ�r's opean,either prompfty repa/d fQ Trustor or criedited ta Tr�sior aga;nst tutme monthly irtstallments of Funds.N the amount of
<br /> • � '`•,...�:`;� the fimds he/d by Bene6ctary shap not be suMiclenf to pay taxes,assessments,inswartce premtums and ground rents as ftrey ta(1 due, . .
<br /> _��•;� Tiustor sh�fl pay to Beneliclary any amounc necessary to make up the deficieney witlttrt thlKy days lrom Me date no�ce ls ma(led Oy
<br /> ._.- -— � .___—_—=-- . 8saeffclarYfe Tiustcrreques!ing payrrrent Lhereof U+c�aa�rymentl�r full et�!ladebtedeess.BEneficiaM�Rr�P�M�etund to
<br /> • Tiustor any Funds hetd by BeneNclary.lI the Tiust Pioperry�s so/d under the power o!safe a the 7iust Prope�ty 1s othemise acqulred � u �
<br /> � �. , by Bene6dary.BenenClarysha118pp/y.lmnt9diatety pri0r to the sa/a ot the Trusi Pmperry Or its aCquisiLOn by Benelrclary,any Fun�s
<br /> . hetd Dy Heneficlary at the bme al applicatian as a c�e�t agatnst the Indehtedrtess.It 8ene6c�ary executes a written wa�vei at Tiustor's
<br /> _ _ . obGgetiorrs mrder Mis paragraph 4,Tiusta►covertants end agrees to pay.ORfore the same become delmquertt,a/l taxes,assessments.. _
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