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<br /> -���Y--�=--�� Deed of Trust
<br /> --- . „�`� 1�3- 1os�4
<br /> �/18 01ED Tp�ST ls�tya 3 pr Au4u�t ,1p 43,by av�d bNwe�n
<br /> Clar�nc��. Tit�ci�. l�-Sing a aY� w1NMwror�arnn►�.(l�nkt+l(r+'c�N�d Nw"Tivsio�'j,
<br /> r�•`� whotsE�p�Is � � �q� addn�sr li
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<br /> ��t iana� h�»k�tA1�►
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<br /> �, ,�rtd_A10AWES79ANK �..� � � _
<br /> oaN.da►.°e.r�t,cwy�1,wrw..r+++w►w.dd�as a .Z42 W Third Gs°..a r"'°,••a uR (� 1 �_
<br /> �, ,�•;��� •_ WITN�S^.�TA�:.
<br /> - �:Q.,,, �,�,: IF THIS 80X IS CHfCKED( � THIB D�ED OF.TRUSi G�AIS nf(�T�S A�NSI'RUCT/ON
<br /> '?• • SECURITY AGR$&AIffM UNDE�THQ NH�IaASK/!G�Ni{TRUClIQN 1JQ1V 14QTANQ CRfrA�ES,
<br /> ' QRANTS AND G�C►NSTtTUTES A CONBTAU@T/QN SIcCURliY IN�EA&ST Jfit 1F/Q Ati"QPEA11�
<br /> -- — .'�''s�f:�,��;c a`.c+`•-"'� OESCAIBED HERElN�ELOW. _�_ „ �
<br /> --- � WHEREAS. Tn�sOO►!s U�debt�d to BeneRcfary ln d��cdnclpal aum or TRIRTY TH01lSANA �!ltiA N4�100 --�-
<br />-,� `i ��`•.'�`;�.�,�;�}: . an nn nn f� (he►MnaRa►
<br /> Oollaru(S--•A—.—...).whM.l►lndebteW►ees la evldsncM Dy Trusbr'a • •
<br /> � '• eaNed th�"Noie).MYabte ro tha airder d Bev►aNat�y md havk►p a m�twlty o/ ov er , .
<br /> __�. �i;''�:.,,�,. -. ,_,�. NOW.THEREFOAE.1br Me purpoes ol a�cudn�: �
<br /> � �.- •:.' '.�°`', � �(�1 1�Y�tW Nw Niot�.MgaThur wtih krl�rrat fh�rvon.la►�r cherpes.PnFeYmenf penalUse,.any luWre Advanc�s�arM a!J sxt�+uloas.
<br /> �.��� . r►�o�d!!lcatlo►►s,wbedhrOto+r�arM rwiewals the►IOI, �
<br /> (�,�paymentW sll oAher suma,lrrav a cbarges.bpetlrar w�th InMnst dreronn�aduonaed to protect tIN secwity o/tMs Deod o!lrwt and
<br /> '#'�'. :3 ° . !ha pe+tortr+ena�d tlre cavonarus anal agroanenls o1 Tir�ta,r.whalh�r ar nat aet la�oh he►�eln, _-
<br /> � # , ,.;:•a:.;,- (a)�pedbnnance,dlscharpQ of and canpllance with every Mrm..cov�enent,.oMlgedon end sgreemenr o!Tiustcr�ontadned heMn a _.._
<br /> , incajoont�d by rQ/sia�ce ar enyWher s�cudty lnabuma�at ariytlme gduQn ro aecwrT Ibs fYote,and
<br /> .. (dJ Me repaymerrt of all other suma or lWuro advances.wlfh lnte%vt fhe►oon,whlch may her�etofa�have beon a hereaRer be adwnc�d �,.�-=
<br /> �,__
<br /> . � � • by Bn�licfary ro Tnrata a Tiustar'a succesaa!n Inte�st d 6dB. �=:
<br /> �•" ' all ol whkb!s Mr�einafter cdlectiveryr celled d�e"lndebtedness"� Tiuetd IrrovocaWy yrsnts and hanoh►�tn Tiustee.Jn trus�W/TH POWER �a,►
<br /> � ,. ' • OF S�O�E�H�loUowlnp descn'bed puF�N� ��-
<br /> ' ' . LOT TWELYE (12),. AR(30 SlDBDIVIGIQN� HALL GOUNTY. NEBRASRA �:.
<br /> � " —
<br /> - __• _� ���r NWh p�ell DuuWng�s,anvahrres. addiGons,enJargumunt�.r�dNlaedana,rekairs,raFlacarrrsrrts.arrd tmp�remerrts sr�or f�r =--
<br /> • ., locafed theroon,(l!)alFequlpmnn►,mechinery ond 6xfur�s(lncluo'ing wJd►art Iimltadan,all UghNng.headng. ventileAng,cooling.alr --
<br /> � condidanins,s�inkHng end plumb+ng 6xiures,water and pow�Qr syefems,englnes,bollem,rar6es,ovens,dlahwashers,mirro�s and maritefa, �;
<br /> � � cerpetlng,/umaces,dl bume�,efevatas end motors.reln►g�erartcn plants a units,canmunicadon systems,dynamas,hanslamers,e/ecbkel —_
<br /> �� � ' equipment,sfam and screen wlnabwe,doas,a�M►Unge enr!shedes)now w herealter atteched to,a buiR in,any building a lmpravement �".
<br /> . , now a herealter/oca[ed thereon,(NIJ�ell easemenie and r�ghts ol way appurtenent there%(lvJ,e0leesehdd estate,dght,tltle and�ntera4t ol
<br /> � ' Tivahlr in end to all lesses,whelher na+v orh$r�al�er e�ielin�ex entered lnto(including,wilhout I/mitetlon,all cash end secudty deposlfs. ��';
<br /> ' � � advanrte rentals end deposifa or Faymenis o1 a simllar nafurs�,Fert�lning thereto,(v)all rentv,issues,proBta and fncome the►elrom(subJect
<br /> to fhe dght o/Tivator to cdfect eod epply such rente,iavuea,p�afiN end lncorne as they becor►te due snd payeWe so long as no event ol �__•
<br /> ,�(� de/euH extels hereunder),(vl�all royaltles,miner�l;d!end gas oghfe and profits,water,water dghts,and weter stxk,(vii)sll[enements. �
<br /> 4�I.� • ' " , heredltamenta,priuU�ges and appuRenances belonging.used or enpyed in Gannecdon therewith,end(vl!!)ell proceeds of conversla+,
<br /> :+ '• voluntery alnvoluman/,o/any o/fhe foregdng!nro caeh•or llqu►deted clalms fincluding,wlthout I/mlteNon,proceeds ol lnsurence and
<br /> ' �•� . condemnetlon ewerds)i all ol whlch!s herQlnalter coltectivel y ceped the"Tn�at Froperiy".
<br /> �� � TO PROTECT TNff SECURPJY�a THl6 DEFD OF TRUS�7RlJ3TOR COVENANTS AND A(3REES AS FOLLOWS:
<br /> - f. Tftle.Trusto►covensrtfs,we►►wnte t+nd agrees with Benepciary.ita successors end ass►gns.that Trusto►owns fhe Tiust Properry hee
<br /> ' Irom eny p�ior/ren o►encumbrence,thet thls Deed ol Tiust Is and wll!remain a vel�d and enlorceable lirst Ilen on the Tiust Propeny, t
<br /> � thaf Trustor,at ite expenae,wq!pinaervQ such tlNe and will malnteln fhia Deed ol Trust es a Nrst and paramount 11en upon the T►ust �
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<br /> �� ' Property and will foreve�wananf end-de/and fhe val/dlty and priority ol lhe llen hereoi aga/nst fhe cfalms ol a/l peisons end pa►Oies �
<br /> .�'�•�� whomsoever.Trustor,al!ts expense,wUl cause this Dsed of Trust,and each emendment or supplement hereto,to be Nled end
<br /> •',�:�.' reCOrded as a moRgage of the Trust PrCpe�ty 1n such mannar and in such place and wilf Jake such action as in fhe opinlon ol Tiustea •
<br /> may ba�equl►ed by any present o��uture!ew in nrder to pedecf,malntaln end protect fhe Ilen o/rhis Deed of Tiust,as the same may ;
<br /> ' be amended or suppiemented Irom time to tlme.Tiustoi w�ll make such lurther assurance or assurences to perfect!ta tlde to fhe Tiust
<br /> Properry as may be iequlied by BeneNclary.Trustor hereby rellnquishes a!l dght o/dower and homestesd(n and to the Tiust Properry. k
<br /> ,,.�.;• • 2. Peyment o/Indebtedness. Tiustor shell punctually pey the principal of and lnteiesf on the Indebtedness secured he►eby. :
<br /> �' ,'�'••'�'� � ' 3. Constructlon ol/mprovemenhs.Tiustor shall canplete m good and workmanl;ke manner eny bulfdings,�mprovemenfs a repaiis refatlng ,
<br /> , . ', ,,,,:.�•. .
<br /> , thereto whlch may be begun on the Trust Pmperty or coniempleted by the loen evidenced by the Note secured hereby,to pay when
<br /> , due al!costs snd Ilablfities incurred the►e%re,end nat ta peimlt any constructlon lien against such Trust Property.In the event
<br /> ,, , conshuctlon o/bulldings,lmprovemenfs o�repalrs are confemp/ated, Trustor elso agrees,anyth�ng in thls Deed o/Trust b fhe conhary
<br /> � :� ' notwithstending;(a)b p►ompNy commence any such work and to completg the proposed improvements prompHy,(b)to complete�he
<br /> � • � seme!n acco►dance wlth the plans and specificetlons as approved by Beneliaary,(c/to comply wlth all the te►me of a bullding loan
<br /> � • .. agreement,!I any,betwean Trustor and Beneliciary,!he terms ol which are Incorporated he►ein by reference and mede e part hereof, �
<br /> ` (d)to albw 8enellclary to lnspecf!he trust Property at all times during conshuchon,and(e)to replace any wo�k or materials
<br /> ; •'.`.� unsetls/actory to Benellclary wilhln filteen(15)days a/ter wdtten notice Irom Benel�ciary of such fact. , .
<br /> • "' 1. Funds lor Paymeni of Cha�ges.SLb/ect to appJicable law or to e wntten waiver by 9ene/iciary. Tiustor shall pay to 8enellr.lary on the . ,
<br /> � /irst day o�each monih,or such othe►date each month as mey be speclfled by Beneliclary,unti/the lndebfedness is pald In lull,a sum
<br /> ��;, .�`� (herelnalter ca!!ed the"Funds")equal ro 1'12/h ol the yearly taxes and assessrnents whlch may atta/n pnority ove�thls Deetl of 7rust
<br /> ,, and ground�ents on fhe Trust Prope�ty,i�any,plus 1 if 2fn of the yearly premlum installmenfs for hazard lnsurance,plus 1�12fh o/the
<br /> � ;� yeeNy p►emlum installments!or mo►tgage insurence,rr a�y,a►I es reasonebly esdmated initlalty and/rom t/me to time by BeneNciary ort , .
<br /> the basfa of assessments and blll9 and reasonabfe estimates the►eof. The Funds shell be held!n en institudon,the deposits or
<br /> �:. _ �� accounfs of whlch are insured or gua�antead by a lederal ar state agency lncludmg Bene/iclary. Benefic�ery shell epply the Funds to
<br /> . --- -�--- - • peysaidraxes.H88@SS/II@Il(3.insurarrcepremrumsenvyrvwiuimii5. oirTivf��iaFjbt�a�l�wiw�oy�i��:.tG "'..r::�:C.'��••�••�•,•°•••�•••
<br /> • . r�> >...............
<br /> � eamings on fhe Funds.Beneliciary shafl give to Trustor,w�thout charge,an ennuaf eccounnng ol the Funds showing credits ar+d
<br /> � . � deWfs to the Funds and the pu►pose/or which each debit to fhe funds was made.7he funds are pledged as eddltlonal securiry lor
<br /> . � the Indebtedness secured by thls Deed ot Tnest.If the amount of the Fu►�ds he/d by Benelfclary.togefher with th�e luture month/y
<br /> • � � �� .., lnstallments o!Funds peyabfe pria to the due dates of taxes,assessmenfs,►nsurence premlums and ground ren�s,shall exceed the
<br /> ' � � ' amount►equl►ed fo pay sald taxes,essessments,lnsur�nce premiums and g►ound rents as they lall due,such excess shall be,at
<br /> Tiuetor's optlon,elfher prompHy repaid ro Trusta or credlted to Tiustor agamst future monthly lnstallments of Funds.11 fhe emount o!
<br /> • fhe Funds held by Benel(clary shall not be sulffcient to pay faxes,assessments,insurance premrums end ground rents as they lall due,
<br /> " Tiustor shall pay ro BeneHclary any amount necessary to ineke up fhe delicienc y wifhin thlrry da ys Irom the date not(ce�s melled b y
<br /> ' • Beneliclery fo Tiustor requesting payment thereof.Upon paymenf(n/ull of all lndebtedness.9enef�c�ary shall promptly refund to
<br /> Trusta any Funds held by Beneliclary.ll the Tiust Property!s sofd under the power o!safe or the Trust Properry�s ofherw(se acqu�red
<br /> 'r by Beneliclary,BeneHclary shell apply,lmmediately pria to me sele ol►he Trusf Property or rts ecquisdlorr by Benel�c+ary.any Funds
<br /> � � held by BeneNciery et the dme o/appllcaUOn es e credif aga�nst fhe l�debtedness.ll Benehaary executes a wdtten warver ol Trustor's
<br />- : �, obNpaUons under this pe►agraph 4,Trustor covenanta and agrees to pay,before the same 6ecome dohnquent,aU taxes,assessments.
<br /> nc�t�erMro�es�iwe..a�o�M1i (
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