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<br />= .� DEED OF TF�UST W17'H �UTURE ADV�NC�S __
<br /> �, �
<br />;,�;�r,.;� a nRT T. ,19 97 .by nnd ampn�
<br /> .�,r..... THIS DEED OF'1'TaUSY,Ie mede as of the 7 TEI day oi
<br />. .•,t'�..,,','a� ��
<br />:�;�� theTrustor, ABC BNGTNEERED TRUSSES, A NEBRASKA CO�tPOF.A^.'ION , � _
<br /> - ��3� whose m�alBng addresg Is 1913 E CITAT ION wI�Y �RAis D i SL AND N� (herain Rrustor',v�heu'wr u�,a or rnan�), �C-
<br /> '�.''----
<br />. .. .�.�.�
<br /> --�"J''""'� theTrustee F'iVE POTNTS BANR� d1 NEBRASIt� CORP(3��TION -
<br /> .�����
<br /> '"' ���� whose malling eddressls P � BOX 150� GI�AND ISLALJD NE 68802-15Q7 (herefn`Trustee�,and
<br />;�,� ...
<br /> �:n..,��� the Benetklary, FI vE POINTS BANR ---
<br /> _�.�riiL9
<br /> --�� whosemafl(ngaddressls 2015 N BROADWELL AVE. � GRAIQ�J ISLAND NE 68803 (herein'L.ende�.
<br />- --Q.��� FOR VALUABLE CONSIDERATI�N,Including Lenders extonslon of credit klentified here(n to_
<br />-=�,;we A D SS IN .
<br /> =��-,� (herefn`BoROwer."whether one or more)and the trust heretn creAt�d,tfie recelpt
<br /> - — ot whkh Is here4y acknowled9ed�Trustor hereby IrrevocablY 9rants.�runsfe�s,conveys and asslgns to T�stee, IN 7'?RUST,W1TH
<br /> POWER OF�AIE�fatthe beneflt erW secutity oi i.ender�unonr n�ni ouycu'i Ze i3'.s ioissts�iid `s...":K!lLosts tlSit►Uu+�twr�at fnAh,the roal ,
<br />_.---__-_, property desC�ibed es la{ows:
<br /> LOT �IGaTEEN (18) IN SPELTS-SCHULTZ .ADD�TION TO THE CITY OF GItAND
<br /> ISL.AS3�� HALL COUNTY, NL�BRASRA
<br /> Topether wHh all bufOdirgs.tmprovements.fixtw�s,streete,allsys,passagowaYs,oasemdnb,�ights,pdvllegea and aqwrtenences
<br /> -� located tt�ereon or in enyvrlse pertelning thereto,and the reMs. Issu�s as�d proilts,reversbns arxl remalndere thereof,anA suah�xir-
<br /> sorw�l property thet is attached to the improvements so as to conslltuta e fiacture,Including,but not Itmlted to,heaUng and coollr�ftqulp-
<br /> ment;and together wNh the homestead or marital(nter�ste,it any,wt�ich(ntoresta are hereby reteased and wa(ved;atf of whlch,tnclud-
<br /> Iny replacemente end additbns thereto,Is hereby declared to be e pa�t o1 the real estate securad by the Uen of tl�l.s Oeed ot 7�uct and
<br /> aN ot the toregMnp be�nS reterred to heroln as tho"Propert�/'.
<br /> Thls Deed of Tsust st�aN secure(a)the payment ot the prireclpal sun�and inte!est evldenced by a promis�sory nota or credlt agree-
<br /> mer.tdated APRIL 7� 1997 _ ,havlro�amaturiryda4eof OCTOBE� g, ].997_,
<br /> In t?�o wiglnal pdncipel amo�esa2 a7 $ 18,020.50 ,and eny anr]�8 moditicaUons, extenstons and �enewels
<br /> therent or thoreto and any and a►I future aduances end readvences to Borrower(or any o7�them N more than oney hero�r�der pursuant
<br /> to one or mor��r�'rnlsso�l►notea or credit sgreemente(hereln calt�d'Note'�;(b)the payment of other sums edvanced by 1.endeT 10
<br /> protect the ae�vrl�v�f the Note;(c)the peAormance of nit covonants and ac�raements of Trustor set forth herefn;end(d)all prosas��end
<br /> futuro Indebtedness eed o6ilgatlons of Borrower(or any of them H mesrothan one)to Lender►vhether dlrect,indlrect,absotulo ot cortUr�-
<br /> pent an�wh9ther a�ing by note,guaranty,overdrett or otherwtse.l'he Note.thts Deed of T►ust and any end all other c3o�urneniF that
<br /> secure the Mot�or otho�wfae executed In connectbn therewith, tncludtng wlthout flmitetlon puaranteas, security��r�oements and
<br /> assfgnments of lea�ses and rente,shall be referred to herefn as the'Loan Instruments'. _
<br /> Trustor oo,�enanls and agrees wlth Lender as folbws:
<br /> t, paym�nt of kid�btsdnoas•All indebtedness secured here�syshsll be patd when due.
<br /> 2. TitM.TNStor Is the owner of the Praperty.has the dght en�nuthority to convey the Property,and warrants thaQ the Ilen croat-
<br /> ed�horeby Is a flrst and prbr Ilen on the Propttrly,exce�r2 90�liens and enCUmbrances sa1 forth by Trustor In wridn�and deONreced ta
<br /> -_ — Lflnder belore executlon of thts Deed of Trust,and the e�coc�tion and dellvery of thts Lnorrd of Tn.ist doos�o!vlotata any contraci or
<br /> -=�° ott�er obllgaUon to wfikh Trustor Is subJect.
<br /> _°�.;�a`�� 3.Tuc�s,AssKSm�nts.To pay betore dellnyuency AA taxe�,spEr.;a�,assesrments and aIl othor charges agalnst the Property
<br /> -�=`~�ti� naw or hareafter levled.
<br />-- ���"�'�'�'{ 4.In�unnc�-To keep the Proporty Insured agefnst cfa+c�age by fire,hazand�Inctuded withln tho tortn"extendod coverago'.and
<br />-�"-i'"'-a`� sucfir(�azards as Lender may�ssbr.iire,In emounts end w(��a��npursias accapffible ta L�nder,naminfl Lsndc;r es an eddldnnal named �.
<br /> _;'Di'�'�"� tnsvred,with bss payable to ttx�Lender.In casn ut loss under such pollclea,the Ler►der Is authorized to 6►dJust,ootbct Md wmpr� _
<br /> _„_'-�� mfse,all clalms thereunder and shall have the option of applying atl or pFSrt of the Insurance procoeds{I�to any Indobtoc3noss eecumd
<br /> z.�u,,� hereby and In such order as Lender may dotermino,p�to the Tmsfor to be used tor the repatr or resiursNtin of tho Praporty or(Ni)tor
<br /> -����� ony other purpose or object saUsfactory to Lender wiihout atiecUng U►� Ilen ot thls Deed of Tntst for the full amount t;ecured hereby =
<br /> -
<br /> __. ,�.-
<br />--_�;;���� betore such payment ever took place.Any appl�aUona of proceeds to Indebtedness shatl not extend or postpono the due date o eny _
<br /> �J�
<br /> =_:.��_� payments u�r the Note,or curo any deiauii inareurwor v���a.a���. _
<br /> '=t��.�: 5.IF.tcrow.Upon wriUen dsmand by Lender,Trustee shall payto Lender,in su��ii r�iannec as LendEr may doslgls�to,sufflclent _
<br />- - ' '"'"` sums to enabte Lendor to gay as thoy become due one or mo�e oi the folbwing:(t)all texes,assessments and other charQ�s ogalnst =
<br /> ','r�� the Properry,(li)the prem(ums on the praparry Insurance required hsreuRder.(ilq the promlums on any mortga�e Insurance regutred by r
<br /> = -• � Lender. =
<br /> �°••{'� - . +' 6. �Nntenance, R�palro md Compllanc�wlth l.�wa.Truslor shall keep the Property In good condiNon and ropnlr, sha�l
<br /> prompUy repalr,or replace any Improvament whfch may�e damuged or dostroyed;shall not comm(t or ponnit any waste or dete►iora- _
<br />-�•" -,,,...- � tion ot the PropeRy;shal�not remove,demoUsh or substantfalty elterany of tha impravemcjnts ori the Property;shaA not commit,sutter _
<br /> • or pettnit any act to bA dono�n or upun the Properrty In vblation of eny iaw,ordinance,or regulQUon;and shall pay and prnmpUy dls- _
<br /> •`� .• charge at TrustoPs cost and expense alt Ilens,encumbrances anci chargas levled,Imposed or accessed egalnst the Property ar eny
<br /> - t'"'� ' paA ther�oof.
<br /> __
<br /> �'.• �,;;�_.,,_ 7, Em�r�nt Daroaln.Lender is horoby asslgned all componsetlon,awards,damages and other payments or retief(herelnatter -
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