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<br /> . _� �` �� ;� � (c) the payment of any sum or auma of money . "��-�+ ��.�-.
<br /> ' -:,-__�_. ., . .
<br /> ; which may be hereafter paid or advanced by Benefi- ��r : ; ::�•�
<br /> ' �.� c�axy under the terma af this Deed af Truet, to- `� :��;,�; ,
<br /> � gether with interest thereon at the rate provided •
<br /> � � � s in the note. .� Y. � .
<br /> � � To protect the security a€ thfs Deed of Trust, Truetor ' _
<br /> �. �_..'.=};.--F hereby covenanta and agrees as followa: . . ` ,�,
<br /> -�� � — _-
<br /> - -- 1. ga�Pnt of sndebl��n�ss.- To pay when du�, the princi- C
<br /> � • � .� ` pal af, and the intereat on, the indebterinesa evidenced by the _, _
<br /> " note, charges, fees and all other aums as provided in the loan _ . _�
<br />- - instruments. Truetor hereby agrees to make all pay�ents due , , _. .
<br /> � � hereunder and under the Deed of Truat Note of even date herewfth , . �; .•' :;��;.:; .
<br /> . f�^ , to an account at Equitable Building and Loan Aseociation, 113-115 - _ _ _
<br /> - ` ��'� N. Locuet, Grand Zsland, Nebraska 68801-6003 in the name of Lois , r�'y`=
<br />-� � Ann Hank, Trustee until further notice by Beneficiary. � . -�.:�=.-:_
<br /> , . . -r.'=_
<br />-it.' --
<br />- ' 2, T'�. Trustor ia the or,+mer of the property and has - . ---
<br /> � . . the right and authority to execute thie Deed of Trust in reapect _ . '_
<br /> to the propertY• r;
<br />- �� � ` 3, Ta�Q° and Asaessments. To pay, when due, all taxes, '" ---
<br /> - - . . � special assessmenta and all other charges againet the property, _ _
<br /> ` ' before the aaute became,delinquent, and, in the event Beneficiary F _
<br /> - � � shall so require, to add to the payments required unde�r�ieeBenee �r `;.�. �c�r.��.;�;-
<br /> � s ma be sufficient to e _,_
<br /> ' • .. �� secured hereby, such amount a y . ,;:.: _;:,; ,
<br />�.� �+. . ficiary to pay such taxes, asaeeaments or other charges as they •. A..r_�_—
<br /> ,, _ _ .�..
<br /> become due. "!
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<br /> '�Y �ntenance an Use. To not commi.t waste on or .: • ��,--
<br /> 4. �8s� M � '==?-?.
<br /> -. .. .� damage to the property and to use due care to prevent others from ;;:;•��.' .��4��
<br /> � so doing; to keep the house and irrigation equipment situated ••.���--
<br /> ��:�:�t,�. , :.:_. -
<br /> `•..;�,-,��,-; �.
<br /> " ; . upon the aforedescribed real estate in good condition and repair; : `.�.,_ —
<br /> to keep the property free from mechanica or other liens not ex- , .;,;;, '' ':°'___
<br /> `�' .. , ,...;.4...:_�- ;.:
<br /> �',� . pressly subordinated to the l�.en hereof; to not make, suffer or ,;,. . ,. ,,,�
<br /> ;,, •.,:._ _ _. permit any nuisance to exist aor to diminish or impair the value ;��, � _
<br /> ' = of the property by any act or omiaeion to act; and to comply with y, , =-
<br /> ., � . . , all requirements of law with respect to the property. ��<<_
<br /> '�'�:�
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<br />' �. 5. �j��. At al.l timea during the term hereof to keep .'�.��j:
<br /> ` , .; � fire, hazards included ; . � � :
<br /> '.�.�, � the Property insured against damage by �.`:`��.��
<br /> � within the term "extended coverage", and such other hazards as ,
<br /> f��• � � - Beneficiary may require, in an amount of not lesa than the re- . ~�
<br /> `� .� � ;s�,� placement value thereof and with companiea acceptable to Benefi- ,. ��_
<br /> � aiary, including a standard mortgagee clause with loea payable to _ 'f.:::�
<br /> r +: . � . the Beneficiary and containing an additional provision that th�
<br /> . � ". . . policy cannot be canceled without prior written notice to the .
<br /> �` ' Beneficiary. in case of loss under auch policies, the Benefici- � .:,', ._,_ .. ' .=�
<br /> � ary is authorized to adjuat, collect and compin lallaor partmof � �
<br />- theretu:der and shall have the option of apply g � . . �
<br /> � " �he insurance proceeds (i) to any indebtedne�ii�e�or�hehTruatornd
<br />.. � � � in such order as Benef iciary may determine, '�`� '�:. ..
<br /> .�.i ,- to be used for the repair or restoration of the Property or With) _- . •
<br /> - for any other purpose or object satisfactory to Beneficiary :
<br /> �• � out affecting the lien of this Deed of Trust for the full amlica- �
<br /> � aecured hereby befare auch payment ever took place. �Y aPP �
<br /> ,' tion of proceeds ta in�Bbun��s�hehNoten�orecuredany defaulte the ,
<br /> � due date of any paymen
<br /> �'���. thereunder or hereunder.
<br /> � 6. In the event the property, or any part
<br /> � thereof, shall be taken by eminent domain, Beneficiary ie enti- _ .
<br /> tled to collect and receive all compensation whichnotytakenaland � � �
<br /> � for any property taken or for damages to property �
<br /> Beneficiary shall apply such compensation, at its option, either '�
<br /> � � to a reduction of the indebtedness secured hereby or to repair .
<br /> "' and reatore the property so taken. : ,
<br /> - t .
<br /> : i but shall :
<br /> : � �, gv•-formance by Senef�ciarv. Beneficiary may,
<br /> � '� , have no obligation to, do any act which Trugtor has agreed but
<br /> -;.`..� 1 failed to do, and Beneficiary may also do ,:ay act it deems neces- `� . '
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