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<br /> WRI"i'TE N ACK NOWL E DQMEl�O'T •
<br /> 1'h� und�rs i pro�d, � JAMEB R. TI�iEK s�d IMD�1� M. TUi�K. h�Nlw�d and wi t�� h��y �
<br /> certlty ind aokno++l�d�c th�t. botow •i�nln9 and �x�outin� th� b�lar+ DNd ot Trust� thsy
<br /> dld r�nd and �i an th i s Wri tt�r► Aaknow l o d p n�n t a n d� by v i r t.u e h�r e o fi, t h� u n d o n l q e N d
<br /> und�r�t.and, and unSMr�toal b�tor� �ipnin� ss3d ONd o� Truot� tnat .aid o..d o�► rn,st i• a�
<br /> Tru�t DMd and not a nartQa�� ar►d thnt the paw�r ot ealo provid�d in �ald t�d of Crust
<br /> � � - provid�s aalwtantlally dltt�ront ri�hto and oblioutions tr.o th� undorafyned tl�an e mcrtqapo
<br /> t n the evant ot a d�tnul t or br�nch ot obl i pati on under th� sni d Tru�t O�d� inoludinp,
<br /> but not Ilmlted to� tha Benetiolary's riQht to have the Renl Property eold by the Trust�e
<br /> without any ,�udtciai prxeedinp or foreclosure. The und�raiqned repreaent and w�rrent
<br /> thet thie Writt.en Acknowledpnient wae exeauted by thcim before the execution of ths Trus�
<br /> pood. Thia Mhitten Acknawl�dp�ent te appended a�a a preface t.o end made e part oP taw
<br /> - � bol ow Dwd of T st. �
<br /> �
<br /> 8 R. TIAiEK Il�f M. K ,� •
<br /> �EED OF TRUST �
<br />=::�;�, Th i s QEED OF TRUST i e made th I s 20th day of .lul y, 1999, by and among JAlES R. lUiE'� •
<br />�':'� and Il10(�I�E M. '(txiEK� hueband and wite� hareinafter referred to ae "Trvetore." whether ane
<br /> '�k or �ore, whose mailin� address is 3018 3outh 19Qth Rond, Mood River, Nebraeka A888S; TIE
<br />_� 3TA1[ B/MK OF OAitiO. a Nebraska 8ankinp Corpora�tion. hereinafter referred to ae
<br />: ;• "Trustse," whase mni 11n� addreae t a Box 428, Cairo, Neb�aska 88824; and 71E 3TATE 6lMK OF
<br />�.�; W1IR0. a Nebraeka 6ankinp Corporatian, hereinaftQr referred to as "Beneticiary." whose
<br /> mailin� addraes ts Box 428, Cairo, Nebraeka 88824.
<br /> • For valuable cansideration, Trustors irrevocably gra�nt, tranefer� aanvey and asei�n
<br /> to Truetea, t n trust, wi th power of ea i e� for the benef i t and seaur I ty of 8enef ic t nry�
<br /> • I i"'�i �� undor and sub�ect �o tha terms and conditlone of this Oaed of Truet� the followinp
<br /> •-v" � descrtbed r�ab property lacated 1n HALL County, Nebraeka:
<br /> � --- - - --_-
<br /> ��r��:
<br /> It�^', �'
<br />_�.��t;.,; . ,. The �autt.�east Quertc3r (SE 1/4) of Sect�an T6�i rty (30), Towneh i P E 1 even (11)
<br /> `'`� '' "- North, Range Eleven (11) West af the 8th p.M., Hall County, Nebraeka:,
<br /> '�: �,�
<br />� � ' "�^� �� topether with all buildings� improvements. fixture�� streets. alieys, paseageways,
<br /> ����' �• 1.. :4�'��'�, easementa, rights, privtleges and appurtenanoes located thereon� and all pereonal property
<br /> • ,.. .;. °�-� ;1L�
<br /> . ;►'�'� that may be or hereafter become a� integral part of such buildings end improvemente, all --
<br /> - ,....,'f,�:�'a arops ra i sed thereon, and a I I water r i ghts, a I 1 of wh i ch, 1 nc 1 ud i n� rep 1 acemente and
<br /> t���. addii.iana thereto� are hereby daclared to be e part of the real estete conveyed tn truet
<br /> ±��� � •;,.: ,;�.�
<br /> =_ �. �,� .,��y,;;,�,,r,, hereby� i t,�be i ng apreed that a I I a f the foreQo I ng eha 1 I be herei nafter referred to as the
<br /> ' � .�:� Property.
<br />`+' � tw;�-`�;;;�):,
<br /> � ly,��;��,�i�t
<br />-s ,��,,,�� FOR THE PURPOSE OF SECURINC�: _
<br />' � ��; 'i:�;��t��l•I �
<br />- .}ct., ., ,�.,
<br /> " ::v�•��� ;�;-.. , ,5,��� a. Payment af indebtedness avt denced by Trustors note of even dete herewith in the
<br />' �';�;�;, ,''� :�`'.`.;;}s;: pr i na i pa l sum of S 235�OOU.W. together wi th i ntereat at the rate or ratea prov i ded
<br /> � rj.:,._'.•'
<br /> ;;�w;�;;,•., .. '�¢ thArein� and dny and all ren�wrals� modificattons a�d exteneione of such note� both
<br /> �.• ,�,t,...,::�. principal and interest �n the note being payable in accordance with the terms set forth
<br /> ' �.• "T''�,�-"�� . therein. which by thig reference i s hereby made a part hereof;
<br /> -' ;;... }�.•. �,',.. b. The perfornianaa of e�ch egreement and covenant of Trustore herein contalned; and =
<br /> ` .rs'.- „ .��•,!+ a. The payment of a 11 sume �dvanaed by Benef i c i ary under the terms of th i s Deed of
<br /> :�'`��� �� � `' '�'�` Truat� together wi th i nterest theraon at the rate prov i ded i n the note.
<br />'�����•" ''�'�� � '�-�' ',�`'; d. The above amount i s secured even though a I 1 or part of i t may not yet be advance.
<br /> � � Future edvences under the agreement oro contc�rnplated and will be secured to the same
<br /> , � _ ° extent as if mado on tho date thte deed of truet is exec:uted.
<br /> . ' , • TO PRDi�ECIf 1FIE SE((�tITY OF TH�3 DEED OF TRU3T, TR113TOR3 FIEREBY OmN�f,'l�iNT A�Q AtiREE:
<br /> ,-;�
<br /> `'� ��' t. To a�r �en� due, tAe principal oi, eed the inlerest on, lhe fndebtedness eridenced by !he no4e� ch�ryes, feee �nd �II �
<br /> ��.;;,r'';:<<� � olbe� wc ��pror��ed 4n t9�a �a�ll fDBlnl�ellt6.
<br /> i!�. ;:;�� t. lr��tnt aPe ibe orae►a of tht DraDe�tlr �a4 b�rc !�e riqht anfl vuthorilr to eaecute tbi� Deed ot lrus4 ia reapect to
<br /> '��,:��� � .,:•: . _
<br /> �,:.:.. . th� propert�.
<br /> ,� ,f.�:►<._.._ ,- .
<br /> i 1;i:�<�' wrt..�:..:. . .
<br /> ,l ,, ,.;�,�,, „ .r , �. To p�y, �ae due, •II teRea� cpeci�1 psse6s�nets en� �ll oth�r cheryes �qeinet the properly, Eefore the s�re pecone �,
<br /> ��• < <�� deliaqu�nt, iruRtora sh�ll p�r �II teRes ���eet�ss�e�3s �hicb �ey be leried upoa Benefici�rr's ietere�! hereia or upoe tbis
<br /> �: � � Detd ot Truet or the debl eecured Aereby. �it�rwt �eg�ra 9,9 �n� low cnet ar oe ea�cied i�posinD p��i oi iee raoie or �nr �
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