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<br />   													DEED 0�' TRUST
<br />															-
<br />       								T8I8  DaED  OF  TRLJST   i s  iaade  as  o!  tha     18T  day  o!
<br />   										,  1993,  by  and aa�onq  ths Trustor, 9�� E.  McDERMOTT
<br />      							au�     	N N.  McDEFt!l�TT,  huibau►d and wifa,  whosa  nial.ling addr��s
<br />      							for purpo�a� o! this Dead o! Trast is  220  An�iok Aveaud,  Donipheui,
<br />      							NebrAQkn    68832  (herein  "Trustor",  whether  one  or  uwre) ,  the
<br />      							Truste�,  BRUCE  I.  BMITa,  J►ttorney nt  Law,  whoee maili»q addrea�
<br />      							ie  P.  O.  Sox 790,  C3rand  Island,  Nebraska 6880Z-0790,   lherein
<br />      							"TtuBte��) ,  and  the  Beneficfary,  10EVIN  D.  S�iNP'ORD AND  PAtJLA  JO
<br />      							LUTHER, PERSONAI+ COREPRESENTATIVES OF THE  ESTATE OF EJ,LEN  LOf]ISE
<br />      							SANFORD,  DECEA3E0, whose  mailinq  addr�ss  is  2330  Jam�eon North,
<br />     					�		Lincoln,  Nebraska  68512,   (herein  "Honefiaiary"1 .
<br />       								FOR  VALUABLE  CON&IDERATION,   includinq   the   indebtie8nesa
<br />       							i8entifisd hexein  and  truat herein crented,  the reaeipt of which
<br />   �-:�.:.:��  ��-�•      					is  her+aby  acknowlsdge�d,   Trustor  hereby   irrevoaably  grants,
<br />       `  'r : �`      					transfers,  conveys and assfgns to Trustee,  IN TRLIST,  WZTH POWER
<br />   	���^' �      					OF  SALE,  for the  benefit  and security of  Beneficiary,  under  and
<br />		`      					subject  to  the  ter�as and  conditions  hereinafter  set  forth,  the
<br />  	�.�..:.;      			,
<br />       							real property,  described  as  follows:
<br />				_       					Lots Sever� (7) ,  Eight  (81  and Nine  (9),
<br />       		•	„ �
<br />     				�  `       				Amiak Aaree,  Ha11 County,  Nebraska
<br />    	�r       �  	� ��;� :,•     		tAgether  with  all buildinqs,   improvements,   fixtures,   streets, 	.�
<br />   	..:_,�       					alleys,  passaqeways ,  easements,  rights,  privileges  and  appur-
<br />       							tensaces  lx�ted  tt�araon  or in  anyw3.se  oertaining thereto,  and
<br /> 	i�'t�. �	�•'':       "    �-    		tt►e rents,  issues  and profits,  reversions  and remainders thereof,
<br /> 	t`:•, .  ,       �'��`���"�-•�t'"'`'�    		and  such personal  property  that  is  attached  to  the  improvem�enta    		��
<br />  	� � �  	�;;;;q  :,.�+�. .,..,.     		so  as  to  constituta a  fixture,  inaludinq,  but  not  limited  to,
<br />  	+ �.`��;�' 	:  ;�.,�:°���::.:*.� ��    		heating and cooling  ec�uipmentf  and together with  the homestead or
<br />  	R";'��    	•    	"`   �		marital  interests,  if  any,  which  interests  are hereby  released
<br />  	"'' '      	' �    .    �,      		and waived=  all  of  which,  including  replacements  and  additions
<br /> 			, `:� o•  �    			thereto,  is  hereby  declared  to  be  a  part  of  the  real  estate      		.���
<br />   	•i    	,	,� ��.,� �?    		secured  by  the  lien  of   this  Deed  of  Trust  and  all  of  the
<br /> 			- .       •��x�.�;    		foxegoing befng referred  to herein  as the  "Property".
<br />     	�	�    ;�:;i:", .,,..;�,;,:
<br />     	,:.: �      .      					This Deed of Trust shall  secures
<br />  	, ,/�  .,    ► �:::' . .  .     '�:  .
<br />  	� �'	}     �    °     ���       				(a)  The  payment of the  principal  sum  and  interest
<br />  	�N�   	�"�'S" "   �r� r    			evidenced  by  Trustor' s  Deed  of  Trust  Note  dated
<br /> 	�?„����t�      - -.`�.-��=::-- . ''�  `    			October  1,  1993,  having a maturity date  of Npvember  1,
<br />   	'�n		°    	r    			1996  in  the  oriqinal  principal  amount  af  One  Hundred
<br />  	�  	'      	''   '     			Thousand  and No/100  Dollars  (5100,000.00)   and  any  and
<br />   	,,,,_    	::•      	.
<br />									all  modifications,  extensions  and  renewaLs  thereof  or
<br />   	-  ,	�q��_�.�.       � 				thereto and  any and  all  future  advances  and  readvances
<br />   	.�;.,�:       i14d:�:.. .    .   .
<br />									hereunder  pursuant  to  one or  more  promissory notes  or
<br />  			;  N  : �.    				credit aqreements  (t►erein called "Note") t
<br />   			.� 	,
<br />  	t�� �    -�•�� '�  �� J     					(b)   The   payment   of  other   sums   advanced  by
<br />  	•� -   			.											t   of  the Note   and       			�"
<br />   	�,    			'� ,    			Seneficiary  to protect the securi  y     		s
<br />  	�,.��.,	.,�"       	•t{;    																		r;  .
<br />    	�    		,      ;��;i+�     				(e)   The   performance   of   all   covenants   and    				-
<br />      		�'� ""   					aqreements  of Trustor  set forth  herein.							,
<br />			;�    	�  																			���
<br />  	�       	'     �     				Trustos,  to  ps�otect the  security  nf  this  Deed  of  Trust,
<br />  	:�  ,!,  �   : 't , .	,     ,1;,;;   																		�� , -
<br />    	��• �•     � 					covenants and aqrees witl� Beneficiary as  follows:
<br />  	�.,��_ti-:	��.,	.  ,  																			�,
<br />  	.:,, .   ,     �:    �   						1.     Pavment of Princi al  and Interest.   Trustor  shall 		k
<br />			�					rom tl     a   when due  the    r  nci  al  of and  lnterest on,  and  any  		�
<br />  	2• ,   E      ��   	' 			P     P   Y P Y 			P	P
<br />								fees or charqes provided  in,  the Note  or  in  this  Deed  of Trust.
<br />    			�     � �� -- �      		Such payments  shall �e made paya�le  to  the Sank of Doniphan,  11e 		F  ��
<br />  	�•��'�,.       	�      �      		W.  Plum,  Doniphan,  Nebraska 68632,  Escrow  Agent  pursuant  to  a
<br />     	�     	•    				certain  Escrow Agreement dated  the  30th  day  of September,  1993,  		.
<br />  	�� �       	;    �	-   		amonq  the Trustor,  the Seneficiary  and  the Bank of Donfphan.
<br />  	�_   		6      � •					2.     Title.    Trustor is  the  owner  of the  Property  hnd
<br />		` 	, . �   �  ..  			has the  right an   author ity to convey the Property.					;
<br />   	y   �   	°   � �  �   �					3.     Taxes   Assessments.      Except   when   they   are       		'
<br />      	"   	���`�_,�• +,,::_��   		aontested  in  goo     a  t  ,  to  pay  when  due  al1  taxes,   special
<br />   	�"•   		: ;��;°q� ..�    		assesse�ents  and all other  charges  aqainst the  Property and,  u�vn
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<br />			.;. 4
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