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� � � � A � c� u> � <br /> ��,�-�- . � � <br /> � ;� r v, °O ° v � <br /> � <br /> -� x:: � � � x � z -a C� � <br /> � �y ; � -o —o —+ m � �v�+- <br /> -� <br /> � �v�� , E . n ' -�i � t--� c� � � `wi <br /> J s..., u � � �a- g' -� � F., � <br /> ; � � � ,�., � rn �n <br /> � �Y� . .�_ i � y � ,��, � �(� � z'' � � ��.s <br /> ���a\T� v � 7 5 '� �' � � r r> GJ `��-�i- <br /> �aC� i" t..... i � ' � �'�\ �' C.11 � <br /> � � �;� � � � ' � � � <br /> � � _ .o. � � �,,,� � ca <br /> � �� `°"."� �j N (!? �`�11 .��-�- <br /> � g � ' � a � � � <br /> '+ � @ G <br /> � .�, DEED OF TRUST WITH FUTURE ADVANCES <br /> �l <br /> THIS DEED OF TRUST, is made as of the 1 day of April , 19 g$ , by and among <br /> the Trustor, Doran and Theresa Dusatko, Husband and Wife � <br /> �w`1 <br /> whose mailing address is 316 North 4th St t, Doni�han� NF: 68832 (herein"Trustor",whether one or more), �- <br /> the Trustee Nebraska EneLgy Federal Credit Uni�n <br /> whose mailing address is PO Box 499� Columbus� NE 68602-0499 (herein"Trustee"),and <br /> the Beneficiary, Nebraska Energy Federal Credit Union <br /> whose mailing address is PO Box 499� Columbus.� NE 68602-0499 (herein"Lender"). �� <br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to Doran and 'Theresa Dusatko, <br /> Husband and Wife <br /> (herein "Borrower," whether one or more) and the trust herein created, the receipt <br /> of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH <br /> POWER OF SALE, for the benefit and securiry of Lender, under and subject to the terms and conditions hereinafter set forth, the real <br /> property described as follows: <br /> Lot .22 Bison Meadows Subdivision to Doniphan, Hall County, Nebraska <br /> Together with all buildings, improvements,fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances <br /> located thereon or in anywise pe�taining thereto, and the rents, issues and profits, reversions and remainders thereof, and such per- <br /> sonal property that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating and cooling equip- <br /> ment; and together with the homestead or marital interests, if any,which interests are hereby released and waived; all of which, includ- <br /> ing replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and <br /> all of the foregoing being referred to herein as the"Property". <br /> This Deed of Trust shall secure(a)the payment of the principal sum and interest evidenced by a promissory note or credit agree- <br /> ment dated Ar,r;l �,,,� 1 AAR , having a maturity date of A�r�l- 1 � 199�3 <br /> in the original principal amount of $ 88�400.00 , and any and all modifications, extensions and renewals <br /> thereof or thereto and any and all future advances and readvances to Borrower(or any of them if more than one) hereunder pursuant <br /> to one or more promissory notes or credit agreements (herein called "Note"); (b) the payment of other sums advanced by Lender to <br /> protect the security of the Note; (c)the performance of all covenants and agreements of Trustor set forth herein;and(d)all present and <br /> future indebtedness and obligations of Borrower(or any of them if more than one)to Lender whether direct, indirect,absolute or contin- <br /> gent and whether arising by note, guaranty, overdraft or otherwise.The Note,this Deed of Trust and any and all other documents that <br /> secure the Note or otherwise executed in connection therewith, including without limitation guarantees, security agreements and <br /> assignments of leases and rents, shall be referred to herein as the"Loan Instruments". <br /> Trustor covenants and agrees with Lender as follows: <br /> 1. Payment of tndebtedness.All indebtedness secured hereby shall be paid when due. <br /> 2. Title.Trustor is the owner of the Property, has the right and authority to convey the Property, and warrants that the lien creat- <br /> ed hereby is a first and prior lien on the Property, except for liens and encumbrances set forth by Trustor in writing and delivered to <br /> Lender before execution of this Deed of Trust, and the execution and delivery of this Deed of Trust does not violate any contract or <br /> other obligation to which Trustor is subject. <br /> 3. Taxes, Assessments. To pay before delinquency all taxes, special assessments and all other charges against the Property <br /> now or hereafter levied. <br /> 4. Insurance. To keep the Property insured against damage by fire, hazards included within the term "extended coverage", and <br /> such other hazards as Lender may require, in amounts and with companies acceptable to Lender, naming Lender as an additional <br /> named insured, with loss payable to the Lender. In case of loss under such policies, the Lender is authorized to adjust, collect and <br /> compromise, all claims thereunder and shall have the option of applying all or part of the insurance proceeds (i) to any indebtedness <br /> secured hereby and in such order as Lender may determine, (ii)to the Trustor to be used for the repair or restoration of the Property or <br /> (iii) for any other purpose or object satisfactory to Lender without affecting the lien of this Deed of Trust for the full amount secured <br /> hereby before such payment ever took place. Any applications of proceeds to indebtedness shall not extend or postpone the due date <br /> of any payments under the Note, or cure any default thereunder or hereunder. <br /> 5. Escrow. Upon written demand by Lender, Trustor shall pay to Lender, in such manner as Lender may designate, sufficient <br /> sums to enable Lender to pay as they become due one or more of the following: (i)all taxes, assessments and other charges against <br /> the Property, (ii) the premiums on the property insurance required hereunder,and (iii) the premiums on any mortgage insurance i <br /> required by Lender. <br /> 6. Maintenance, Repairs and Compliance with Laws. Trustor shall keep the Property in good condition and repair; shall <br /> promptly repair, or replace any improvement which may be damaged or destroyed; shall not commit or permit any waste or deteriora- <br /> tion of the Property; shall not remove, demolish or substantially alter any of the improvements on the Property; shall not commit, suffer <br /> or permit any act to be done in or upon the Property in violation of any law, ordinance, or regulation; and shall pay and promptly dis- <br /> charge at Trustor's cost and expense all liens, encumbrances and charges levied, imposed or accessed against the Property or any <br /> part thereof. <br /> 7. Eminent Domain. Lender is hereby assigned all compensation, awards, darrsages and other payments or relief(hereinafter <br /> NBC 3457(NOnagncuMural Deed)Rev.5/96 <br /> �O 1988 Na�ional Bank o(CommerceTms�and Savings Assceielwn,Lincoln,NeDreska , . <br />