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<br /> � DE�p OF TRUST WITH FUTURE ADVANCES
<br /> THIS DEED OF TRU3T,is made as of the lOTH day of JIlNF , 18 97 ,by and among��
<br /> theTrusta, MICNAEL A. ENYEART AND CARMEL S. ENYEART, IiUSBAND AND WIFF. �
<br /> ' �c+
<br /> whose mauing addresa Is 534 S. SNADY BEND ROAD, 6RANQ I S LAND, NE 688(�breln"Trustor',whether one or more),
<br /> GtieTrustaa FIYE POINTS BANK, A NEBRASKA CORPORATION
<br /> whose m.allfng addres.ia P.0. BOX 1507� GRAND I SLAND, NE 68802-1507 (herein"Tniatee'),and
<br /> the eene�ciary, FIVE POINTS BANK -
<br /> whosemailingeddressis 2015 N. BROADWELL, GRAND ISLAND, NE 68802 (herein"Lender").
<br /> FOR VALUABLE CONSIDERATION,including Lendet's extension of credit IdenUfled herein to
<br /> MICHAEL A ENYEART ANO CAR�4E S ENYEART
<br /> (herein'BnROwer, whether one or more)and the trust hemin created,the receipt
<br /> ot which Is hereby ecknowledged, Trustor hereby Irrevocably grents, transters, conveys and asslgns to Trustoe, IN TRUST,WITH
<br /> POWER OF SALE,for lhe benefit and securiry of Lender,under and sub}ect to the terms end conditbns horoinaRer set foAh,the real
<br /> ProP��Ydescdbed ea foilowe:
<br /> SEE ATTACHED EXHIBIT "A"
<br /> Togelherwith ell bulldings,Improvements,flxtures,atreeta,aileys,passagewaya,easements,righte,p�iviieges nini eNauita��ances
<br /> located thereon or in anywise pertaining thereto,and the rente,issuea end proflte,reverstona and remalndere lhereof,end such per-
<br /> sonai properly that is ettached to the improvements so as ta conetitute a flxture,Incl��ding,but not Ilmited to,haatlnp end coollnp equip-
<br /> ment;and together with the homestead or madtal(ntereste,If eny,whlch interesta are hereby released and waived;all of whlch,Indud-
<br /> ing replacement�and additlons thereto,Is hereby decfared to be e part of the real estate secured by the Ilen of tBis Deed of Trust end
<br /> all of the foregoing being referred to herein as the'Propertyr'.
<br /> Thb Daed T�Jsc ailB�cute(a)the payment of the prinoipal aum end interest evidenced by a promiasory note or credit egree-
<br /> ment da�ad ��"� l�� lyy� ,having e matudty date oi t+LeRfH 1(1, 4�.
<br /> ln the orlginal principal amount of S 5U,070.50 _, and eny and all modificatfona,�xtensiona end ronewals
<br /> thoreof or thereto and any and all future edvances and readv$ncas to Borrower(or any oi them(f more than one)hereunder pursuant
<br /> to one a more prom�ssory►notes or credit agreements(heroin called"Note');(b)the payment of other suma advanced by Lendar to
<br /> protect tlie securfty of the Note;(c)the perfdrtnance of all cuvenants and egreements of Trustor set forth hereln;and(d)ail present end
<br /> future indebtedness and obUgations of Domower(or any of them if more than one)to Lender whether direct,Indiroct,abaolute or contln-
<br /> gent and whether Ar(sing by note,guerenty,overdraft or othenvise.The Note,thls Deed of Tmst end any and all other documents that
<br /> secure the Note or otherwise executed in connectian thorowith, including without Ilmitatlon gueranteos,seaurity agreements end
<br /> essignments of leases end rents,shall be referred to harc�ln ae the"Loan Instrumants'.
<br /> Trustorcovenants end agrees with Lender es folbwa:
<br /> 1.Paym�nt oi Indebt�dness.All Indebtedness se�ured hereby shall be paid when due.
<br /> 2.Titb.Trustor Ia the owner of the Property,has the right and authority to convey the Property,and warrants that lhe Ilen creat-
<br /> ed hereby is e flrst and prior ilen on the Properly, except for Ilene end encumbrances set forth by Trustar in wriBng and delivered to
<br />- Lendar beforo execution of this Deed of Tnrst,end the excscutian and delivery ot thfs Deed of Trust does no!vlolate eny contract or
<br />- other obllgaUon ta whtch Trustor Is subject.
<br />_ 3.Tex�s,Assassm�nb.To pay befor�delinquency all taxos,speclal eBSessrnents and eIi other charges agalnst the Proper4y
<br /> now or hereafter levled.
<br /> 4.Insu�anc�.To keep the Property Insured against damape by flro,hazards included within the term'extonded coverage',and
<br />= such other hazards as Londer may requfre,In emounts 3nd with companiea acceptebie to Lender, naming Lender as an additbnai
<br /> named Nsured,wfth loss payable to the Lender.fn case of loss under such policies, the Lender Is authorized to edJust,collect and
<br /> compromise,all claims thAreunder and shall have tfie optlon of epplyfng all or part ot 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 tho repair or restoration ot the Property or
<br /> ° (fii)tor eny other purpose or obJect satisfactory to Lender without eHectinp the Ilen of thls Deed of Trust tor tho full emount secured
<br />-= hereby 6efere such payment ever toak place.Any applications of proceeds to Indebtedness shail not extend or postpone the due dete
<br /> - nt anv oavments under the Note,or cure any default thereunder or herounder.
<br /> � �5.Escrow.Upon written demand by Lender, 1'rustor shall pay to Lendor. In such manner as Lonaor may designaie, sumcieni
<br /> - sums to enable Lender to pay as they become due one or more of tho tollawing:(i)all texes,assessments and otiier chargos agalnst
<br />' � !he Property, (II)tho premiums on the property inauranco requirod herounder,end (Iii) the premlums on any mortgage insuranca
<br /> required by Lender.
<br /> 6.Malntenance, Repairo end �ompllunce w►th Laws. �'rustor shell keep the Property in good conditlon and repair; shail
<br /> promptly repalr,or replace eny Improvement whlch may be damaged or destroyed;shall not commlt or permit eny waste or detedora-
<br /> tion of Iho Property;shall not remove,demolish or substan4laity etter ony of the improvements on the Property;shall not commit,sutfer
<br /> or permit any act to be done in or upon the Property In violetion of eny law,ordinance,or reguladon;and shall pay and promptly dis-
<br /> charge et Trustor's cast and expensc ell Ilens,encumbrences ar.d cherpes levled,Imposed or accessErd against the Property or any
<br /> part thereot.
<br /> 7.Ennln�nt Damaln.Lender is heraby assignod ell componsatlan,awards,demages and other payments or relfet(hereinaftor
<br /> Hac s�st�wyor�+r oNa�n«sAe � f•:'�. .
<br /> O�9ee ra.wr ea.+a cumwarruu r�a Gn*w��,«won um►�.�wa�w
<br />
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