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<br /> �.., • D� OiF TRU�T
<br /> .. ` �r:=r=y-�,�r-.--.,:-;- This Dfl�� TRl1ST is made this 30th d�i► of July� 1582� by and �uaot�6 JAl� R. P� _
<br /> ,,"`'� . �nd JMpI(� �. �iN3� kue6ard aad Nite, hereinaPter refer.ed to as "Tn�t�re�° whether one
<br /> � .� � .`�n:.'"`'" �•. �' or �ore� whose msilina eddrese i� lZoute i Acoc 27� Glsira� I�leb�raaka 88824; 74� STATTs HAAK Oi�
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<br /> ',a ... '"?''�`.� , CAIliD� a Ne�aalos H�nki� Qorparatian, hereinafter referred to a� "'I�+�etee�" whose me�ilin6
<br />' ���,�w:�;�;��,;,� addrep� is Ho�c 428, C7sito, Nt.�a�lcs 68824; and � STAT6 AA�IIC QF CI�f,O� a � Hat�kin8 c-- _
<br /> �;.-',�:Y.;�;'_'`;,� Corporatiaa, hereinaftex� referred to ar+ "Beaelicior9r whose me�il�nq addrese i� Bmc 428,
<br /> � •., R.�� t�siro� Ne�aaios 68824.
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<br /> For vsluable consideration, T�uatora irrevocably grant, transfer, convey end aseign to
<br /> -- � ��r � Trustee, in truat. witli power of ssle, for the benerYt and security of Heneficiary� �u.lai
<br /> �:�;,��_:,.�., _;�, and aub,ject to the terms atd conditions of this Deed of Truat� the following described real
<br /> -�� ". p ro p erty located in HALL County. Nebrasks: --
<br /> y Lot 1, Perkins Subdivision� Hall County, Nebrask�� according to the
<br /> .:.�s..... :.r.:°..,._�...::'
<br /> --_ i, . .. „� .,.,�, recorded plat therewf,
<br /> �.y - together witii all buildinge� improvementa� fixtures, streets� alleys, pas�agew�Ys+
<br /> _ �;,...,:�._-.--.:=:.-:�;::: eas�uents, righta� privileges and appurtenancea iocated therean. and all personal p�operty _
<br /> =��� • that may be or hereafter becane an integrel pert of such buildings and improvements. all
<br /> �;:�� ��,; � :: . crops raieed thereon� and all water righta� all of which� including replacementa erd
<br /> ' � edditions thereto, are hereby declared to be a part oP the real estate conveyed in trust
<br />-�-� °. �� • ' hereby, it bein� a�reed that all of the foreQoina ehall be hereinsPter referred to aa the
<br />��` ,..., `n ���,operty.��
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<br /> -'! .• P� '14� PUI��3E. 1DP S�1RII�i:
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<br /> � a. Payment of indebtednesa evidenced by Truatora' note of even date herewith in the
<br /> � , � Q � princlpal s� oP �40�OOD.00, together with intereat at the rate or rates provided therein�
<br /> ���� -_��"'�'�::.;;I'..�:-;._i�= end ar�y and all renewals, modifice►tiona end extensions oP such note, both principsl and
<br /> - a �� ` interest on the note being peyable in accordance with the teras set �orth therein, vrni.c�i �
<br />� ,�.. � thia rePerence is hereby a�ade a part hereof;
<br />- ;meru b. The performance of each agreement and covenant oP 'i�uators herein contained; and
<br /> — � c. The payment of all a�uns advanced by Heneficiary under the terros oP thia Deed of
<br /> - " Trust, together with intereat thereon at the rate provided in the note.
<br /> d. The above amau�t is secured even though all or part of it may not yet be advance.
<br /> " • FLture advances under the agreement ace contemplsted and will be aec�sed to the ssme extent
<br /> � . as iP made on the date this deed of trust is executed.
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<br />-- -..-- . -- `1+0 l�RCfl'P7GP 1� SB(�1RITY OF 'ii�IS DFm OF 'Ii�JST. TFUS1nIiS F�f n7{lF7VA[�TP Ai� AC�FtE6: G_
<br />� '�' �'°'�"�"° 1. To p���Aen due, the prtncip�l o f, uid the ioterert on, the indebtedae9e evidenced by the note, chu{e�. f eet�ad all other ouu w peavtded
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<br /> _ .' ti, tn the lom cmcc�aente.
<br /> - � t. trurtar�ue t6e awnere at the property uid htve the right�nd euthority to eiecute thie Deed of 4ruot ia rayect ta the property, —
<br />_ ' �, To p►y, rhen due, nll t�:eo, aptci�l�9eouent�uid all other cA�rge��Q�inot tde ptaperty, Eetore t�e oue becae deliaquent. hu�tori �
<br /> eh�ll ay�ll tt:es ead w�e�e�ents�htcb aay he levied upon Beaetieiuy's intereat herein ar upoo t6te Deed ot Ttu�t or t�e de6t oecuted heteby,
<br /> � . � .. �it6aut teQad to�ny l�w tdet ety be en►cted i�posioa payuut af the�hole ar aay put theteof upan the Beneficiup. —
<br />-� , :; 1. 4o keep the Lprove�ent�no�or �ereatter loated oa the property inauted ngnimt dwae b�tire end such ot6er iuurdt u the Beneficiu� ``-�
<br /> <.•r u� require, ia uowts and capente� accept�ble to the Beaeficiarp, Sucb iasutuce palicy ehell conttin a standud �ottatge cltuoe in t�vor at ��V
<br />- :rn��^��^- &neficiuy. Truator elull praptlp tepsir, �eintato md repl►ce tAe ptopetty or en� part thereot, so that, except foe otdio�ry�enr�nd teu, the !�.�
<br /> :�.;. � ; "��, ptopert�alull not deteeiorate. �k`
<br /> 5. In the event tEc ptaFertp, or snp part thereof, s�all he titen b�e�inent dauin, the Beneticiup ts entitled ta collect and receive�ll
<br />. • � ' �. ca�penutian rhic6�ty he paid far any propetty Wcen ot tar de�ages ta property not tn�en, end �he Beneficiery si�ll�pp ly au c h capen��tion, �t i t�
<br /> ' � option,either to�reductian ot the inlebtedneu secur��d herebp, or to repair a�d reatare the praperty sa taYen. �+
<br /> - 6. 1Ae Beaetici�r�uy, 6ut sAell htve no ahli4�tion to, do�ny act which iruetars h�ve nateed but failed to do, aad the eene[iciary uy�l�o do !�•
<br /> �ey act it deeu necesoup to pratect the lien F��rcaf. Truators e�ree to repay, upon deund, er�p suoa so e:pended bY the Beneficierp tar the nbove
<br /> ' purpa�ea, ud�ny ou�oo e:pended �hnli be added ta the indebtedncse secuted here��and becae aecured by the 1 ien hereof. �Ae Benef iciuy eiull no � .
<br /> � Incur N� lie6llity becnuee ot anything�t�ny da or ait to da hereurder. '
<br /> � � �� T, ihe &nettciary ehell luve the right, pouer and euthoritp dunng the continuance of t�ie �eed af 4cust to col:ect the renta, ioouea nnd
<br /> • � profits af the praperty�nd of�ny perconel propertq located therean witA or�ithout ta'ring posseaeion af the property affected heteby, nnd Truataro ;
<br /> 3l� �ereby �b�alutely and uncanditiontllY�s�ign all such rents, isoues ead profits ta the beneficiuy. ihe 6eneficinry, ho�ever, hereb�cansents ta '
<br /> 'huotors' callectian nnd retention of auch rents, �3ues and profits, sa iang ae Ttuetars ue nat, nt euch ti�e, io detnult �ith respect ta pay�ent ot
<br /> � .�- Nr indebtedneae secured �ere6y, ar in t�r per(ara�n;c :i any ngree�ent nerew�uer. It any event of defeult de�criaed hereetter in reopect ta thic
<br /> Deed ot Trwt ehtll have occurred and Ee continuinq, the Benef iciarp, na a a�tter at right and wttnout nouce [a 5ius�ors ar znyane ri._iaing under -
<br /> • Trus'�are, end rithout reg�rd to the v�lue o[ t�c truac eetatc ar thc �nterest of the Trustors therein, shall �avc t�e righL ta dpply to any coutt
<br /> „ �nving juriedictton to appaint a receivcr af thc prapertp.
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