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<br />oeo a 90--- 105377
<br />A THIS TRUST DEED. mam Yhhs 13th day al s3eotes>lbar j190 _,.. by and amotp Dean A. Luehr •
<br />'ra►Otli Rt. 02. Box 7S. Wood River. NB 68883
<br />wheie'ttttiM�p ssddtots le
<br />VfiF* "TftGWx erred= • M BBBL whsee mailklp ad*m M P.O. go% 187, wood River. Nebraska dlRf . ewob "Tnaw.11 end "Rom o v
<br />MR YALUM Q MMTM, kwiviip the ittd*mdma hndonti%d Wow and the tent hsh vin created, the raaipt of which is hneby
<br />sdmwh*t TwsNr k wvecflely 01111110, frsehefen, C01weys, and ehssigrts to Teusteo, IN TRUST, WON POWs OF SALE, for the betntfit and
<br />11sOsrify elf BelteNaMy, uthdsr and s to "w tarns and conditions of this Poodof Trost, to red pop IV desaribedtts fWlymr
<br />A tract: of Reel Estate in Section Five (S), Township Nine (9) North.
<br />Range Maven (11) West of the 6th P.N. r Hall County, Nebraska. See
<br />Exhibit " A" For Description.
<br />TOGETHER WITH, oll rests, profits, royalties, ;++come and other benefits derived from the real property: oil looses or subleases coveraq the
<br />real property or any pw%m thereof, now or hereafter existing or entered into, and all right, title m dl;nloml of Trustor thereunder. all in-
<br />terests. estate or other cloims. both in low and in equity, which Trusts now has or may hereafter ocgLko in the red property; all eosentents,
<br />righlMlii• way, tuhenanh, 10e0.0.1s and oppurtenances thereof and thereto: all oil and go% rights and profits, water rights and water
<br />S1001 4111 right, title and interest of Trustor, now owned or hereafter acquired, in and to any land lying within the right -of -way of any street or
<br />' highwtlT gdjoirhisq the real property, any and aft buildings, fixtures, fmpratrs;arerrts, and oppurtenomtes nm or hereafter erected thereon or
<br />_7911i,gtMs W00. Qlrneeh referred to as "160omirimt►t" or "Ipiprovenwr,ts" ). reed any end all awards mode for the taking by emirarnt'aassoin
<br />A wiEjP!h►, PFCPOiinlp or purchase in lieu the W, Of thi wh* or- my Port of the red proWtV
<br />f«pokq estate, fxa0vaFQ1'W wftost her
<br />eby-car' +/eyed to Trustee InereincarectrrNy referred to ere the " �P►operty".
<br />THIS DE ®OF TRUST SHALL M RE.
<br />(a) The of kdebtedrim m idshats by Trustor's note of even date herewith in the principal sum of ONE HUNDRED _
<br />TWENTY TUOUSANDD AND all nn
<br />NO - -�•:•- • - -- - -- - s (f 120.000.00 _- - - -- 1
<br />topfhm with hnorent of the rote or moos provided therein, (herein, together with any and ewgls. modifications. and extensions thereof,
<br />referred to as the "Note ") bob prb►dpof and interest on the Note being poyabte in occwdmo with the terms set forth ttanin, referome to
<br />which its hweby mode. the find froynwnt of prkOW and intwost, if not soorwr paid and if no ranwob, wadificatiom or mention are mode,
<br />dire and poyo6lo
<br />(b) The ON torw+ortte of each agrees 0 and covwnont of Trustor herein contained. and - --
<br />(c) The popmN of any sum or sum of mway with nntwat thereon which moy be hot Bohm paid or advanced under the terms of this Deed of
<br />Trost.
<br />(d) The poymmt of any future odvanoes Meeswy to protect the security or any future advance made Qt the option of the parties; and
<br />(e) The pelfonnonce of an obligation of any other person owned in this Trust Dead to o beneficiory.
<br />TO PROTECT THE SECURITY OF THIS DEW OF TRUST. TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS
<br />1- hywesl of hb*d send k%MO. Trustor shall promptly pay when due the pm1pol of and interest on the indebtedness evidenced by the
<br />Nero, oltd aY other charges and fees as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of
<br />Trust.
<br />2. 11110911011 d I*. Tnatw is lawf * seized and possessed of food and indefeasible tills and estate to the Property hereby conveyed and
<br />has the right to grmt and convey the Property; the Property is free and clow of all h m and encurnbranhces except liens now of record; and
<br />3. RWeaszhN eMlswpiessre sell Ims. Trustor shoo keep the Property in good condition and repair and shoo not commit waste a pwnwt
<br />irepoirhee N or doletiomt is of tw Property stud shoo comply with the provisions of any lease if this Deed of Trust is on o teosehold. No inhprove-
<br />smnt now or hereafter eneclsd upon tM Property shill be altered, removed or demolished without the prior written consent of Beneficiary.
<br />TfWw shill txtr * with ON laws, ordinances. regulation, covenants, conditions and restrictiom affecting the property and not commit. suffer,
<br />or permit aq of to be done in a upon the Property in violotion of any low, ardi win, ngubtion, coveeont, condition or restriction. Trustor
<br />AW conhplet- ar restore promptly and" good wwkmoslike mamer any improvemero on the Property which mot, be damaged or destroyed and
<br />Pay, when due, oR doiahn for labor performedend eareriois lvnhished therefore and for ony olterotian thereof.
<br />4. h0saese- Trusts, at ih expense, wA M Mail lowm with Mevsm approved by Beneficiary, insurance with respect to the Imprownhenis omd
<br />pshrsond pPaperty, taastitutitg thwRlR�epenty, ogairw Voss by %n *, lightning, tornado, and other perils and hazards covered by standard extended
<br />coverage andorsaaernt, in on arnw;M pool to at bat see kindred Percent of the full replociawn► value thereof and insurance against such
<br />othher hshtardn and n such omwAs sss is customiiV carried by owners and operators of simulor properties or os Beneficiary may require for its
<br />protection. Trhnstor wile comply warn such other respirwmas n Beneficiary may from time to time request for the protection by insurance of the
<br />iWorosts of the respective patios. All insoronce policies mrimhtoined Pursuant to this heed of Trust shall none Trustor and Benef,cKry os in
<br />sands• os *hair respective inn 40% may appear, and provide that there shill be no cow.vlbtion or modification without no less than 15 days
<br />prior written notificotima to Ieenficiory. In the event any policy hereunder is not renewed on or before 1 S days prior to its expiration date_
<br />Beneficiary may prewre sudq insurance in accordance with the provisions of paragraph 7 hereof. Trustor shall deliver to awwf1clor y the original
<br />policies of insurance and rerwaak thereof or memo Capin of such policies and renewals thereof Failure to furnish such insurance by trustor or
<br />renewals as required hereunder shall, of the option of Bunficwy, constitute o defoWt.
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