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<br /> �"�'�'� � DEED OF TRUST 1RIITH FUTURE ADVANCES
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<br /> -��= TF4lS DEED OF TRUST,fa made as ot the 2 n d day oi, �u n e ,18 97 .by and erra��
<br /> _�--„„�.d �
<br /> '"'°��" itTerrusa�x._ htf,chaet D. Pautick and �arhara E._ P�rTT.�'rk husband and wife . �
<br /> _�:�,��, — - �
<br /> — �
<br /> -__- - w�fsose mailfng addresa is ;f17 F 2MrM Ctr�L C�and Icla n d� N E �!�_l]1(hereln'Trustor".whether one or moce?.
<br /> -�n== ue�arruscee Five Fc�r�ts Bank' a NeP�►r��ka Corporation _
<br />-'�;�'���,;��� wtwse maiNng eddress Is P Q Bo�c 1�Q�I} G�r�nd IS]a�.�� N E 68802-15Q7 (�n"�'��7.� -
<br /> _;,�,� �1e�„��,y, Five Polnts Bank
<br /> -- -- wnoserr,a;Nngeadressis 2 15 N Br�adwelti l�bQ.. Grand Island NE 68803 (tierein'�ender').
<br /> FOR VAl.WA�FC:.E CON5IDF_RATION,Inw�frn;li.y�Let►d�t'Sexiensionef cxedltldentlfied her+eln to Mir_hnal �.,,. Pa��1iC�
<br /> — —�R�-�d,�+'-'•-var�E-.�-R�Y1aCk i���1y�YSOwa"�u!bather one or mone)and the trust b�erein created.tlie receipi
<br /> r.e urhid� ts gtersbv eck�wv�led9ed,Trusi►�r lse�abY kreu�:.�t+��9►anls, transters,conveya end assipna to Trustee, IN TRUST. WITH
<br />-��r �=�fER 0��kLE�tor the benetit end ee�a:nr.��t Lerlder.w.a8er end subJecx ro tne tem�s and candiiio�i�u��w�Z'�r s.�i.�lt:�:.''�s°..=�
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<br /> -`_.�=�,,.F�4� r.m-l�edy�ec+r.z��ed as fdlows:
<br /> --_-==-:�%�.�� �ot Fou.^ (4), Block Six (6Z 5�2orrts Fourth Addition to the City of Grand Island,
<br /> -�'�`r' i�allCounty� Nebraska.
<br /> Together with aN buildings�improvements.flxtures�strooYs,e1Mys.{�assagewaYg.easemenb�ri9hta�Privilege�8��
<br /> located thereon or fn enywise perteining thereto,and the ronts,issuea end pmfila,rsverslons and remelnders tl�er�eot,ar�d six�Der
<br /> sona�property that is ettached to the Improvements eo as to constltute e tlxturo,k�duding.but not BmiWd to,heattnp and codk�9«I��P'
<br /> mnnh,end to8ether with the homestead or maritel Interests,if any,wh�h interests ere hereby released a�d waived;ell of wl�Ch,includ-
<br /> ing roplacements and eddltions thereto,is hereby dedared to be a part ai the real estate seaited by the Men d thia Deed d Trust and
<br /> all otthe forepdnp be�np referred to hereln es the'Property'.
<br /> This Deed ot Trust sheil seaxe(a�the payrnent oi the principal sum and interest ev{denced by a �o►����'
<br /> .,�= roer,tdated lune 2 1997 _ ,having a matudty dasa d Mav 2 2000
<br /> - In the or(ginal principal emount of S�1�,�17.15 and eny and ell modiNceUons, oxtenslona and nenewals
<br /> - theroof or tMroto end eny end alt tuture advar�ces end readvonces to Borrower(or a�y pf tl�eni f O�r sum edvancad by Le�der W
<br /> -- to one or more promisaory notes or aedit egreements(herein calbd 'Note');(b)the payme
<br /> protect the security oi the Note; (c)the perfamance of all covenants end egreemants of Trustor set tnAh herefn;erid(d)atl presont and
<br /> '� tuture�ndeWedneas and obligatlons of Borrower(or any of them if more than one)to LendRr whether direct,Indirect,absdute or conHn-
<br /> gent and whether erisffng by no+te,guarenty,overdratl or othe�wiso.The Note,thl9 Deod ot Trust end 8r1y and eH other doc�xn9nts that
<br /> secure the Note or otherwise executed in connactbn therewith,Inctudinp without IlmltaUon guarantees, �ecurity egreements and
<br /> - asslpnments of leases and rents,shall be refemed to hareln as the'Loan InsUuments'. _
<br /> - Trostor covenants and agreos with Lender es to!{ows:
<br /> -_M 1, payrrNnt ot(nd�M�dM�s.All fndebtedness seCUred hereby shafl be paW when due.
<br /> •�'�� 2. TitM.Trustor Is the owner of lhe Propertyr,has the Nght and euthority to convey the Property,and warrants that the Nen creat-
<br /> - ed hereby Is a first and prbr llen on the Property,except tor Ilens end encumbrances set forth by Trustor in writlng and delivered to
<br /> --= Lender before executbn af thls Deed of Trust,and the executlo�end de�ivery oi this Deed oi Tn�st does not violate any cor�trect or
<br /> �--_ other obligatipn lo wh�h Trustor fs subJect. �t���y
<br /> ��—= 3.Taxts,Asat�sments.To pay before delinquency all taxes, speciai ausessmenb and ail other ctu�rges age�
<br /> -: s• npNV or here8lter levlud.
<br /> �=��� 4.Insurane�.To keep the Property Insurod agafnet damege ty 11ro,haYarcln induded withln the tem�"extenAed covera9e',and
<br /> __- �.ii�� suCh otl�er hazards ea Lender muy requlro, in amounht and wfth wmpanies acceptable to Lender, naming Lender as an addilEOnal
<br /> namad in�ur�ed.with loss payable�o tlio lersder. In case ot lass under such pollcles.Iha Lender Is autPtiorized ti�us�t,ool���
<br />=_-'��w,�� cpmpromlae, atl Gafms thereunder and shall have the optlon of apWyfn9 atl or p0R of the insurai�oe proceeds C) Y _
<br />- -��, cecured hereby end In such otder as lender mey datormine,(Iq to fhe Trustor to be uged fa the repalr or restoration of the Property or
<br />�,e,=�; (Ili)tor eny other purpose or obJect satlsfector�to Le�der wlthout affetpnti tlte Oen af this Deed of Trust for the fuli emount secured
<br /> ti.mev netnre such navment ever took alace.Any eppl�atlons of procen�t ro indebfednes�•shell no!extend or postAo�a the dae date
<br /> `° of any payments under the Noto,or cure any dafault thereunder or hereund�r.
<br /> �-.,- -;�;��' � 5.E*crow.Upon written demand by Lender,Trustor ahatl pay to Lender,In such m�nner as Londer may designate, suttic�ent
<br /> 1-�t��"a� �'•���' eums to enoble Lender to pay as they l�ecome due one or more ot the following:(I) all taxes,flssessmen�s and other charges against
<br />:-.-�...;.r',
<br /> =s,;"•.�"y lh�Prop�rty, (Iq the p�emfums on the property insuranae requlred hereundar,and(ifi)the premfums an eny mortgage(�surance
<br />--N'';-:`�'"• requlred by Lender.
<br /> - . -. .r-;.:.�.
<br />-` �',��:;;� _. 6.M�intenana, R�pain and Compllanc�with Laws. Trustor shall keep the Property in good condiNon and repafr, shall
<br />''.r•'•, .��. :�'4
<br />--�*��� •._F,.-4�, promptiy repair,or replace eny Improvemont which may bs damaged or destroyed; shall not commit or permit eny waste a dete�iora-
<br /> ` ''� � tian of the Property:shall not romo�a,demolish or substentialty after any of the Improvoments on tha Property;ahail not commlt,suffer
<br /> ., a;,�••: �
<br /> ,9,,,, .,t ; or permit any act to be done in or upo�the Property in violatbn ot any law,oMinance, or regulaGon;and shall pay end promptly dis-
<br /> �x r•,� �.�• � charge et Tn.ista's oost and expense a�l Ilens,encum6rances end charges levled, impc�sed or accessed against the Propert/or any
<br />:::•d�". . ° ped Ihefeof.
<br />='-':r�;;.: "� '�r= 7.Emin�nt Oomaln.Lende� Is hereby assigned all compensadon, awards, dameges and other payments or relief(hereinafter
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<br /> O�q1 H�fmY&N d Ca+*wniwt W Sn�pa Nkc+eart l�.arl Wd�w � �
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