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<br /> - fg Deed of Trust ,
<br /> . : `'� Secu�ing Guaranty�` i� . . .
<br /> ., � � , ° `
<br /> ` � � ' Mav _—,19..�Z.bY and beiween. JAMES SCOTT ZANA 7.'RIIS�F�. � .�,' _
<br /> � : , ' ,' Tt ItS DEFD OF TRUST is rtrade this 1i dayat wrhet�one ormore.(hereinatter ca(!ed ihe"Trustar). \C ;',� 4! '$" �h .
<br /> , , � . . �:r� .
<br /> whose mailin9 add►ess is L es e Br. Grac Is a n@ N E 8 8
<br /> .,. � eccnrtTAT70N (he�einafter c�!!ed the"7rustee).►+ihose maiBng address fs `�.��P` •"; �
<br /> NQRINESTBANK *T°°nectte � TIOIVy,_ •G�AY 7�TaTTAL7AT pSSO .__CiA`�TOAI (hBtEill2f�/
<br /> � ; 2Q2 4l. D�ftzi St=eet. t�mtd Island NE .2ndNORWFSTBANK *,cau _G� ..,, ,r �BAQ�
<br /> , ca!ledthe"Benefldary°).whosemailingaddr+essis?R: wPar �rt,tra cr+ro��, �h`•_
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<br /> • ' • W!lNESSETH: ��s.•:.�:. •�.'•��:
<br /> - � (herernafter called the"8arrawe�) ;rrx;. .,
<br /> � NlHEREAS. �DII INC. .��.� .
<br /> �:,f'
<br /> '` ..` ;, has ePPGed m BenefraarY forone amae/aa�.lette�s o!credrt oroiher fmarrci3l accammoQaoro�and may hereafter fi+om mne tu time .t,:�t,� i_t .
<br /> � �. -,� •.. BPPN[0 88neftciary foi addi6onal Joans.lef�ers of credit afrd otherfrnancral aa�rodaIIOns:ar+d __ �:_
<br /> 4 �*?;�;. : rovide fnrartaal accommodations ta?Lrr�x�ver. ..• R_
<br /> - . '�,�: yyHE'qEAS,to in�uce Benefraary m p „���d p���ce o!each arrd every deb�liabiGry and , ,.:-F ,_,
<br /> • . " "�:: (a) H this 1 R%J rs checked.Tiustor has guarar►teed to 8enefrciary the pay. . .:: i :,.
<br /> � obGgatron of euery type ar+d descriPiron wAich Bomawer may now or at o:ry Ome neriealter owe to BeneTrciary(whether such det�4
<br /> �. :... '. Iia6iGry or obltgation now exists or is he�eaRer created orinarmed,and whether it is or may b�����due ar�treccme�'r�e .:' �:f r
<br /> .' . a p s o l u t e or co►r t i r►B e r r G PrimarY or secondary,liquidated or unLquid�.�r�seve�al orla .
<br /> Y an d p e r l o n n a n c e o f i h e d e b;l i a bil'r t y.or c�"�arr�` ,� �.�.:
<br /> :," , :�.;!r (b) BO►rower to Bene�e+���Yu�o erisfen9�oert�Ci�me F a}r�� .� t ,
<br /> °•'�.-'—
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<br /> hereinafterca0ed ';%'.s' •i J'
<br /> .. � � anyr extensiorrs,renewals orrepl8cementa thereaf, ._''1` -�
<br /> r - �— ' tageth2r witli zccxued tmerest thereon arrd related costs ot enforcement and collection exp�anses.Pursuant to a Guaranty( —
<br /> ccxu
<br /> . ,� f�,•• U►a"Gua�antfr"1 ct even date herewiUr,and •�.-..`
<br /> �;,,' WHEREAS.Ber:aficia►Y has required,as a con�ition precedeM to the extertGOn of arry frnanclal accommodation to Bom�we►.that Tne�r .,
<br /> :� � .��F,�;, eM of tne Guara.�. . ' r;j`
<br /> .;.', .. exe�ute Ws Deed of Trust for ihs purpose ot seranin9 Aaym men�wPren and as due and payab/e.ot C'.a • - =
<br />_?."?!s� . _. . �.:r'��,� � '.:�,"�.
<br /> ,, >'.,�, NOYJ,THEREFORE,In consideraBon o!Na p�mises and for the Aurpose of�secudng fa1 PaY . , , .,
<br /> '� ' obUgatians of Tiustoi urtderthe Guaranty.(b)the paymerrt otali other sums.wib►irtterest thereon,whfch may be adveneed by 8eneflGary or ,��j;
<br /> ��i :.
<br /> � � '"`'��:�; Frusiee ln acco►danco with or yvhich may be secured by this Deed of Tiust end(c)the pe�omrance ot all of the covenarrts.agreements and . F F�
<br /> .�l V `� . Fr�usLee,Tn bvsG wrth PO QWER OF SA(�all of ihe�owing de cnbed�P AB�Y'debtedness."Trusror irre�ocably 9rants and bansfers to . r
<br />_ ',.�; of Grand , . •.:`�.
<br /> •'•.�x:� Continenta� Gardens Suhdivision, City , ,�.
<br /> . . � ,.,:�r�;i Amanded Lot One (1). Block Nine (9), '.
<br />- _ .. ' • � `:` island, Hall County, Nebraska � �''R
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<br />,_;:��:(c`�,; .". • ! .r� ipqether wlth(r)aU�ldrn�rrc-�rt,mach7rtery and 6xtrrres pnclu�rng,�tthout�limitabon,a!nghung,n aung�verm�raatng,cooltn9,�reereatte► ���
<br /> •�i,F: � ,tocated thereon,11� eQ P• ,
<br /> � condtianfig,sprinlding and pfr�mbing Bxtures,water an r l p c a a�►s y s t ems,en g i nes,boilers ranges.ovens,dishwashers,minors and mantels. . .
<br /> - . carAeUng,tumaces,oll bumers,elevatars and moro�s,rehiSe�an plants or units.communlcaLfon systems.dynames.�'slom+ers.e/ec b f c a i
<br /> ;;'..,' equipmenL stam and screen w/ndowa,daa8,awnings and shades)now u��r���e��(� �i leaseha.'2 c-state,r�w71e and lnferest of • . . A:
<br /> � � `.'<`. aow ar hereafte�/ocated Mereo2 p�J)a!1 easeme�ns and dgMS of way app ..
<br /> .,.
<br /> • :'�`�;`' Trusfirin and fo a11 leases.whether naw or hereafter e�dsBng ar entered 1r�ic(Including,wlthout limitation,c�casb er.'Q s�udiy deposit�.
<br /> ' ���' �ygnce�e�als and deposits c�paYmenis of a slmilar na�*�s�,Pe►teiNng iherefo.(v)aIl rems.�ssues.Profi�anCe$���no e ent�of�
<br /> .,� �.i " . " tp tlre dgM ol Trrislor to colleet�s^9 ePPty such rents.lssees.,�cSts�j�ro�8�0e w��gh�,an4 s�ck(�rr.)all tenemems, ,
<br /> `�:,::t;.' . .. ,....;• defautt ex�sts herean�e�1.(vi3�r�yalties.mineral,otJ and 5� 91ns . . .�
<br /> ..
<br /> � � ... ;• ., � ;J`j:. hereditamerns.P►ivlleges and appurtenarrc�belonging.used or enjoye��connecUon therewitf►,ar+�(rr�l all proceeds of converslon,
<br /> '�r� ;:�ri:.'� voJuntary or lnvofuMary,ol any ot fhe foregta�ng irRO cash o�llqnldated cl�s•;mcfading.without limit2��a.G�'aceeds ot Jnsurence and .f ,, �'rJfi:
<br /> ;:�a.,.�.' . '":;!�f;f;tr condemnatlon awards),all o!whrch 1s here�afrer co!lecWely called the"Tn��Prvpe►ry.. ;`':; ''.,r.,,.
<br /> ',;� •-°'�'=�, TO PROTECT THE SECUR/DY OF�HlS DF.ED OF 7RUST,TRUSTOR COVENAMS AAIr✓ABREE9 AS FC3LLOWS: ;;��
<br /> � ,;r5 . • :,
<br /> ;;:,i;;5;;ti �. •`•���'- f. Title.Tiusto�covenani�.+vanants arld egrees with Bery�PClary,its successors and assigns,that Tiusta owns the Trust Properry hee '� •
<br /> .• '°•�•'�;... from any pdo�llen or enau.�nbrance,that thls Deed o.''��st u a►rd will remeln a va11d and enforceabla first Uen on the Tiust Propen}. �..
<br /> :;p° . . ..;j't,'! .• •
<br /> .a:; .. ,n,„� fhat hu�tr,atHs expense,wi0 presc-�n+e such titla aa?wil malnfaln thls Oeed ot Tiust ss a fi�st and pa�emount tlen upon the Tiust
<br /> - •����'^. Pra�"71�+d w10 torever wanant a;d de:end the va1.�i�r and p�i��d af the Hen hereol agalnst the o�ims ot all persons and Partles -
<br /> ryhac;�o�aver.Trusior,at Its expense,aur�aose Uus�.a�d ol Tr.�sx�.;d each amendment or sa���nt hereto,ro be filed and r:;
<br />-- � � recorded as a mortgage of the Trvst i?`apeAY f»sic�e�"'3�Re�and►R s;�ch place and wi11 take s:.a�r actlon as in the op�n/on ot Tiustee , : : ;,a�•;
<br /> may be requried bY�Y P►esent or hriure law ln orC'v r.s perlec�maintaln and prctect tha llen af�:+s Oeed of TrusL as dre same may �1s
<br /> '#���` � be amended oi supp/emeMed ham Ume to tlme.Tr,.�s�wt11 make such imther es.���ce or assu�aaces to perlect its�tle to ihe Tiust ,. ,
<br />_ Propedy as may be requlred Dy Bene�lclary.Tiustor he►ebW�een due sll lndeb edness aiisr g�der the(ivaranty or othe�wise o ed .
<br /> - • , - 2. payment of Indebiedness.Tiustor ag�ees to pay pmmpUy
<br /> - � to Benefictary.
<br /> 3. Furtds fa PeYment of Charges.Subject to appGcable law or to a wrilten waiver by Benebciary.Tmstor shall Pay ro Beneficlary on the
<br /> �-' -� '' • first day o/each montb,or such other date eacb morrth as may be apeciNed by 8eneficlary,u�i the tndebtedness�s paid!n fuil,a sum ,
<br /> -� (hsrelnaftarcafted fhe"Funds'7 eQual to 1�f2th ol the yesrly taxes and�umenstaJlments foi�!surryancer p/us1e12th o1 the
<br /> _- .. • , and ground reats an the Tiust Properry,i!any.plus 1 12th al the yearly P , '
<br /> - yearry premirun installmenis fo►mwtgege insuranoe•if an1;aI�as�nably estlmated/niHa11Y snd hom tlme to cme by Beneficiaryon
<br /> ' ' fhe basis of assessments and bills and reasonable�sdMmates ther�af.The Funds shall be hefd fn an Ins6tution,the deposits or
<br /> 4
<br /> � ' accounis ol which are iruured o�g�aranteed by a federal or state agency including Bene�rclary.8enefidary shall appJy the Funds to . . .
<br /> �� . pay said tazes,assessmenls,!►rsurance premiums and gmund re►►ts.Beneficiary shall not be�equired to pay Tiustor arry uKerast o�
<br /> � eamings on the Furtds.Benefrdary shall give ro Tiustor,without charge,an annual accountlng of the Funds showing ctedils and
<br /> debns tv rhe Funds xnd the purPasa to�L�h s8ch deb►t t°tne Funds+vas made.The Wnds are p/edged as additlonal secvrify for _ .
<br /> the/ndebtedness secured Dy this Deed of Tiust il the amourrJ o!the Funds hefd by BenefiCiary,fogetner w�tn the�rrture mon[hty
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