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DEED OF TRUST.
<br />86- 106922
<br />THIS DEED OF TRUST, made this 22nd day of October —.1986 between
<br />Eugene`' G. Weinrich and Clarice Weinrich, husband °& wife as Trustor,
<br />F4 67W Bank, National Association, Omaha, Nebraska as Trustee,
<br />Firdlier Bank. National Association. Omaha. Nebraska as Beneficiary
<br />VVITNESSETH:
<br />That Trustor irrevocably grants, transfers and assigns to Trustee in trust, with power of sale, the following described
<br />property:
<br />Parcel 2: The West Half of the Northwest Quarter(WjNwk) of
<br />Section Six (6), Twonship Ten (10) North, Range Ten (10)
<br />West of the 6th P.M., Hall County, Nebraska
<br />together with all interest which Trustor now has or may hereafter acquire in and to said property and in and to: (a) all
<br />easements and rights of way appurtenant thereto. (b) all tenements, hereditaments, buildings, structures, improvements,
<br />fixtures, equipment, furnishings and appurtenances now or hereafter placed thereon: (c) all leasehold estate, right title,
<br />and interest of Trustor in and to all leases or subleases thereof or any portion thereof now or hereafter existing or entered
<br />into, and all right, title, and interest of Trustor thereunder, including, without limitation, all cash or security deposits, advance
<br />rentals and deposits or payments of similar nature, and (d) all mineral, oil, gas rights and profits, water, water rights, and
<br />water stook Trustor agrees to execute and deliver, from time to time. such further instruments as may be requested by
<br />Beneficiary "in form and substance satisfactory to Beneficiary to confirm the lien of this Deed of Trust on any of the
<br />aforementioned property. The property so conveyed to Trustee hereunder is hereinafter referred to as "such property ".
<br />The Trustor absolutely and irrevocably grants, transfers and assigns to Beneficiary the rents, income, issues, and profits
<br />of all property covered by this Deed of Trust
<br />FOR THE PURPOSE OF SECURING:
<br />1. Payment of the principal sum of Forty five thousand and no /100--------- - - - - --
<br />----- - - - - -- ($45,000.00) Dollars-------- - - ---
<br />evidenced by the certain promissory note dated of even date herewith (hereinafter referred to as the "Promissory Note")
<br />executed by FirsTier Bank, National Association Omaha, NE
<br />in said amount and payable to the order of Beneficiary maturing on October 22, 1991
<br />together with interest thereon, late charges, and prepayment bonuses according to the terms of the Promissory Note
<br />and all renewals, extensions, and modifications thereof.
<br />2. Performance, discharge of and compliance with every obligation, covenant and agreement of Trustor incorporated by
<br />reference or contained herein or in any other security agreement or deed of trust at any time given to secure any
<br />i0xidbiladnese hereby secured, or any part thereof.
<br />3. Payment of all fees and charges of Beneficiary or Trustee, whether or not set forth herein.
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR COVENANTS:
<br />TITLE: That it is lawfully seized and possessed of a good and indefeasible title and estate to all of such property in fee
<br />Sim* fras from any prior lien or encumbrance, has good right and lawful authority to convey the same, and will forever
<br />war iii, &and defend the title thereto against the claims and demands of all persons whosoever, that it will, at its expense,
<br />mainly n and'preserve#is lien of this Deed of Trust as a first and paramount lien upon such property.
<br />MAINTENANCE: To keep such property in good condition and repair, to complete or restore promptly and in good and
<br />workmanlike n�hner any building which may be constructed. damaged or destroyed thereon and to pay, when due, all
<br />cteNma%riaborperformed and materials furnished therefore and for any alterations thereof, to comply with the provisions
<br />Of at iniiiiiiiirance poficiea covarin9 law premises, to comply with all laws, ordinances, regulations. covenants, conditions
<br />as nd nakktbns affecting such property: not to remove, demolish or materially alter any building, or the character or use
<br />thar�W at arty time thereon: not to drill or extract nor to permit the drilling for or extraction of oil, gas or other hydrocarbon
<br />writ ror`atty mkhsrai d eny tdrhd unFssseM written consent of Beneficiary is had and obtained; notto commitor
<br />pewlay ...... Mrsoforetgraotuportsuchpropertyinvioislil oflaw; todo all otter acts ina timely and proper mannw
<br />which lrort! tlha t liaractarormabb6such property maybe reasonably necessary to protect and preserve said security, the
<br />spertiM c i hereiri`riot excluding the general.
<br />CONSTRUCTION OF IMPROVEMENTS: To complete in good and workmanlike manner any building or improvement or
<br />ropily reihltifhgttaralP which maybe begunon such property or contemplated by the ban secured hereby, to pay when due
<br />aNiatasfiaritiNati
<br />— 1— Owellore, and not to permit any mechanic's lion against such property. Trustor also agreeis.
<br />ad rNth+g�&h,tFife -lJiMd of Tf'W to the contrary notwithstanding: (a) to Promptly commence work and to complete the
<br />i cents= aµtMy,'(b) to conWk is same in accordance with plans and specifications as approved by
<br />(c)b conhpfY wtllh ON of the terms of any building loan agreement batween Trustor and Beneficiary, the terms of
<br />wt ire InCO[pOf#ilill! fie firh by ( 4, hh ft Game 6XIO nt as it fully set forth herein and made a part of this Deed of
<br />Tntet { d) fe atbw fe it piwt tiudt pry bl all times during construction, and ( e) to replace any work or
<br />un i,tet Beth y; within flftaan f 16) days Mar !written notice from Beneficiary of such tact which
<br />new eery be given b T161111W by reyMOnild or certified mail, sent to his last known address, or by personal service of the
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