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<br /> - -- -'� ; . DEEO OF 4RLJST WITH�U7'U� �lDVdlE1�C�S o � ^� � ' f � :--�:=
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<br /> � 9th Ma ,19 97 ,by and mnong
<br /> - a 7HIS DEED OF TRUST,is rteade as of the day of Y `
<br /> ij JOI�I M. SIIra�BSRG and KSt�IDALL S. SII@IIJSBERG, HIISHAND AUID WIFS � - -
<br /> ] the Trustor, � , .
<br />:.i i i \ _ :';I::J,:•."
<br /> . . � . " _ . .
<br /> ^� . _ i whose mailing address is 205 SUDT.�.'Y DRIVE DQIJIPHAN NS 68832- �h�,y��7'�or,"whether one ar more), . `
<br /> ,. � � 1 � '.
<br /> '' :f the Ttustee. BANR OF DC1iPF'u3:1i �i.,�--.';-:
<br /> �i� , �i _� - �;'v ?.
<br /> ` •��:' whose maTng address is P.�. B�X 27C '30�.�P�, �3 68832 ���i:-�'Tr.csiee'f.�+Q .� �_ .,
<br /> �.r
<br /> ' F'ts� ._t l�/� 4 F
<br /> kf. .r`,� � Ihe 8°A£fWi �-iI.'�:C Cx' I]�.��I4 �i•.. � ����taj.+
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<br /> � <- 'r0 FaC� B ID�1�TIPHfl�. NE 68832 Qte-e�.i��zt"}- >t F ` �,-
<br /> w�hase ma�ia„a�...ess is ` � '
<br /> -•,,i i�.:{�an1y��ii
<br /> --'`"'`., � - `:! FOR VC�UA9L C81i',��F�tAT10N,including L��=:'s exiension o�ccedit�dem:'h.�herein to JON M. SLTy"'4�f" .ti��.!�6�y�✓C����� ••
<br /> - ; f �. > ?��'�'�r`'f:
<br /> sY . - •j REDTDALL S. SQ.1�.'�ERG 'g.•:=
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<br /> •_.,k,,. '. . �' �:��.
<br />" A�; ' �. therein'Bortower",whether one or more)and the tnist herein created,the .�%F�ir,-��f���:'
<br /> ,4 ' rece+pt of which is hereb�acknowledged,Trustor hereby iRevocabfy grartts,transfera,convays and assigns to Trostee,IN TF1llST,WITH ; '�, r �
<br /> - POWER OF SALE,tor the benafrt and security of Lender,under and subject to the terms and conditiona hereinafter set forth,the real ' •� z-
<br /> E�. :�'
<br /> = � Property.described as follows: 1 �. � '�i,
<br /> .,�� ` LOT NINE (9), WHITES SUNNY SLOPBS SIISDIVISION. IN AALL _ . .,%_'.:,:? •
<br /> COUNTY. NE$RASKA.
<br /> `<s ... ,.. ..
<br /> ,.;
<br /> ,� ., . .
<br />�:-�-5 . . �.' . .,�'�`'��:
<br />='�.� � � PROPERTY ADDRESS: 205 SUNNY DRIVE DONIPHAN, NE 69832- ' f��
<br /> ;=,.�•..
<br /> '��2 Togather with etl buitdings,improvementa,fixtures.streata,alleys,passageways,easementa,rlphta, DHvileges and appurtenanees ' ;���
<br /> located thereon or in anywise perteining thereto,and the rents,iasuea and protits,reveraions and remainde�s thereot,and suah personat � , ; , y;;'��_,
<br />-.'`�} • . pro�erty thet is attached to the improvements so as to constitute a fixture,in c lu ding,but no t Iim R e d to,he e t i n g a n d c o o l i a g e q u i p m e n t; '• , :;. ' ,��
<br /> .:;. and together with the homestead or marital interests,if any,wh►ch interesta are hereby►eteased and waived; all ot whlcA, including �_. : `.,f`.;`
<br /> ~;;� � replpcements and additions thereto,is hereby dedared ta be a part of the real estate secured by the lien of this Qeed of Truat and ail of .i.� _�� °;�;,• �.
<br /> ;; . tho toregoing being refened to herein es the'Roperty'. ` r '
<br /> ,�r' This Oeed of Trust shail secure la)the payment of the principal sum and interest evidenced by a promissory noto�or credit '.� � -�
<br /> '°`' May 09, 1997 ,havin a maturity date of �Y 25, 2002
<br /> ,;-_ � agreeme�rt dated g ��.:�
<br /> '''�` . ' in the original principal amount of 9 22.095.92 ,and eny and all modiHcations,extensiona and renewals . ' �'�-5::
<br />,__.;,; thereof or thereto and any and ail future advances and readvances to Borrower(or eny of them if more than one)hereundar pursuant to ,
<br /> ' one or more promissary notes or credit agreements thereln ceiled'Note'1;lbf the payment of other suma advanced by Lender to protect
<br /> - the security of the DG�te;(c)the pertormance of a�cove�ants and agreements of Trustor set forth herein;and td)all proseot end future . , � .
<br /> �.•�j indebtedness and o�1;3�t�ns of Bcnower 1or any of them H more than onel to Lender whether direct,indireet, absatute ot wntingent - ' � �
<br />• . and whether arising�y roie,guar�rsr,+.overdraft or othervvise.The Note,thie Deed of Trust and any and ali other documonts that secure , . ,
<br /> • the Note or otherwise executed in connection therewith,including without limitation guarantees,security agreements and assignmenis .
<br /> of teases and rents,�a!f be referted to herein as the"Loan Inst�uments'. .
<br /> Trustor covenanls and agrees with Lender as fotlows: - �
<br /> �::�� 1.Paymont of!si�obteQnoa�.All indebtedness se�ured hereby shail be paid when due. . •
<br /> _ 2.Tltie.Trustor is the owner o!the Property,has the right and authorlty to convey the Property,and warranta that the lien created
<br /> � 6 hereby is a flrut and ptlot lien on the Property,except for Uena and encumbrances set�tortfi by Trustar in writing and deiiveted to Lander � '
<br /> � before execution of this Deed o}Trust, and tlie execution and deiivery of thie Deed of Irust dnes not violate any contract or othe�
<br /> � ` obligation to which Trustor is subJect. ' , '}
<br />' _ . 3.Taaea,Aasessmenta.To pay before delinquency all taxes,speciat assessments and all othe�charges against the Property now or .
<br /> �'.i � hereafter tevied. • �
<br /> � 4.Insttronco.To keep the Property insured against damage by fire,hazards, included within tho term"extendad coverage', and , � •
<br /> • sueh othet hazards as Lender may tequlre,in amounts and with companiea acceptabie to Lender,naming Lender as an additianal named •
<br /> � insured,with loss payable to the Lender.in case of loss unde►such poNcles,the Lender is authorized to adjust,collect and eompromiae, ,
<br /> ! ap ctaims thereunder and shall havo tho option of applying all or part of the insurance procaeds lil to any indebtedness seeured hereby � .
<br />_ I and in such order as Lender moy determine,Oil to the Trustor to be used for the repalr or restoration of the Property or pii)for any o2her
<br /> purpose or object satistactory to Lender without affecting the lien of this Deed ot Trust tor tho tutl amount secured hereby before such
<br /> ipaVment ever took ptac?.Any appllcation ot proceeds to indebtedness shatt not extend or postpone the due date of any payments under
<br /> __ � the Note,or cure any CefauR thereunder or hereundef. .
<br /> S.Escrow.Upon wrrtte�derr�arrJ by Lende�,Trustor shall pay to Lender,in such manner as Lender may designate,sufficient sumD �
<br />__ • � ta enabte Lender to C3v as th_w be.�me due one or mo�e of th3 following: b1 all taxes, assessments and other charges against the �
<br /> : t Property,tii)the pro�n�•x.r.s on the aro�erty insur3rs:e required hereunder,a�d f:�•1 the,premiuma on any mortgaga insurance required by �
<br />,,,.,r; ti .' ' • . , :;i Lendet. i .
<br /> _- ' � ' ' " 6.MalMena.^�,�aiis anS�ompflance wi�s lswa. Trustcr shall ReaA t�s�?�opertV in good condition and repair, shall promptly
<br /> •? repar., or replace ar.y�:.^.provemene,nmioh mey be damaged o�destrayed; sfiall r.ci coTM�t c�permit any waste or deterioration of t�e �'
<br /> .�� �` l
<br /> .'.�, Prca�'y;shell tsct se.:.ove,derr.olish:•snbstaniiai:y alter ary ot ths improvements c:+t1'e?�sterty;shall not commit,suff=+cr perm�t ��
<br /> . •� � '.
<br /> ��', � any act to be dar.e �or upon the property m t-•o!3tion of ar.�tavi, ordinance, o�reg•,l2tcn. �-�shall paV and prompt!y �s�7farge a' '
<br /> Tnistor's cost and��c;��e all llens,encumbra^ces and charges levied,impcse3�r assessed ayainst tha Property or any part thereof.
<br /> _ c:
<br /> l:_, __ � L . . __ , _._.
<br /> �� � NBC3657A INOnagr�tuttural0eedl Rev.6A5 ' �
<br />- �� 7988 Natmnal Bant o}Conmcreo Tnal an0 Savmgs Assouanon,�ncan.NeGraskn . .
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