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<br /> QEEQ OF TRUST WITH FUTURE ADVANCES
<br /> THIS DEED OF 7RUST,b made es of the 16 th dayof JunA , 19 9 7 ,by and prtwn0�
<br /> theTrusta, Jim Buck & L,inda Buck huebnnd and wife � `�
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<br /> ��������g 1619 Z o 1.a C t G r a n d I s 1 a n d N E 6 8 8 0 3—2 9�(tiereln"Tn�sto�',whether one or more).
<br /> the Tn�st�ee
<br /> � n d N S 6 8 8��—LS Q7 _(herein`Tnistee")�and
<br /> whoye m�ing a�ldross iy,�`,,.Q. B o x 15 0 7 G r ax��S,�f�.
<br /> ��g��ry, Fi e Points Banlc
<br /> whoseme�ingaddressls 2015' N Broadwell Grend Island NE 68802-1507 (herein`Lender')•
<br /> FOR VALUABLE CON5IDERA'TION,induding Lender's exlensbn of credit IdentfHed hereln to
<br /> J i• Bu�k�SL4.�d a k
<br /> � (herefn"Barcwar;whether ona or mora)end the trust herein creat�ed,ths rec.sipt
<br /> ��.���;�„���1r,�u�l�iwL Tnistor herebV IRBVOCAbIy 9(8►�t'3.transfers,convays end aasfgns to Tnntae, IN TRUST.WITH
<br /> POWER OF SALE�for the beneRt and eecu�ity ot Lerxlar��tndar and subJect to the terma enc�canditions i�erniriuCua so:�,p�!
<br /> properRy d�scribod as fdlowa:
<br /> Weetvood Pa�rk Third Subdivieion, Lot Twelve (12) Addition to the City of
<br /> Graad Ieland, Hall County, Nebraeks
<br /> Togetl�with aN bulWings,improvsmenia,llxtures,streete, alleys�PasseDe�'sYs.easements.righCs�txivibges s�d+PP��s
<br /> loc�ted fhereon or in anywfae PeRetntn9lheroto�end the reMs. Isauee and pro�lb,reverelons and rertu�In�s tl��of.and wch p�r-
<br /> sonal property that Is attached to the fmprovements so as to constkute a flxturo,Indudfng,but not Ilmitsd W,hsadng erd coolinp equlp-
<br /> msnh and Ip�ether witfi the homeatead or ma�ltal Interests, U any,wh�h Interosta are hereby relea�ed and walvad;al ot wh{ct�,h�dud-
<br /> {ny rop�lecar�enb and addldona thereto:ts heneby dedered to be e part of the real esteta secured bY ths Nen d tl�fe Desd af 7'nnt�r+d
<br /> �11 d N�e bre�ok�p belnp roferrod to here�n ea the'Propert�'.
<br /> Tt�ie�Deed d Tn.�st shfU aecuro(a�iM S�annent of the�inclpay sum and Intereat uvh;as�ed by e promkseory noa or cndit pree-
<br /> �,�ed J un e 16, 19 9 y _ .having a meturity date of J un e 16. 19 9 8
<br /> 1n yre cr;pir�al prk�pat amount of S 120 000.Ofl and any end all modMcatlons, szter�elons and re��wMs
<br /> tl�eo�f a�vers�o�r�d any and all tutura edvancea and roadvenceis to BoROwer(or any ot them if rtaro than ons)hersixider Duruwn
<br /> �o ons ar�nxxs promis�Y notee or cnsdlt a9reements(horoln cal{ed'Note'��(bI tha Palm'�ent of othsr auma�dvancsd bY LaxMr b
<br /> p�,obc!the�ecurMY at the Note�(a)ths F�erfortnance d all covenants and egreemsnte of Truator set torth hetein�erd(d)aU preaent and
<br /> fiilur�Indeb4edrwu and obNpatlons of Barower(or any af tMm H more than one)to Lender wiied�er diroct.fndired,ebedutp or aontln-
<br /> gent w�d wFwther orisinp by note,6uaraMY,averdralt or othe�wise.The Nnte�thl�Deed oi Trust and any and all ntl�sr documsMa tl�t
<br /> seaxa thn tdote cr ethenvlse executed In connection therewlth, Including without Ifmltatbn guaranteea, secutity a�roements e�d
<br /> �elpnmmes ot k�as and ronta,shaN be rotem�d to heretn es the'1.oan Inatrurnents'.
<br /> Tru�lor covenanta end sprees wltk�Lender aa fdlows:
<br /> 1. payn�nt p/Iod�bE�dr�s.All Indebtednese sac:�red haraby shell be Pald when due.
<br /> 2,TiRN,Truseor Ia the owner of the Properly,has the right and euthority to comey the Property,and warranta that the lien croat-
<br /> ed hsr�eby k a firat end prbr Ilen on the Property, except ta Ilens end encumbrances set forth by Troator{n wridng and deliverod to
<br /> LerKlsr bMore execution of thla Deed of Trust,end tNe execution and delivery oi thls Deed of Trust does not vlolete any contract or
<br /> otMr oDliggtion ta which Tmator Is aubJect. nst tt►e Property
<br /> 3.Tauors./4s�ssmmb.To pay betore dellnquency all taxes,speclal essessments and ell other chargea egai
<br /> rww or tiereaR�er bvied.
<br /> A,Insurena.To keep the property Insurod against demage by flre,hazards Included wlthln the term'extended coverage',end
<br /> such omer hazeids as Lander mAy roqufre.In amounts and wfth companiee ecoepteb�e to Lender, neming I.endsr aa an additlorwl
<br /> n�r�d Insyr�d.wRh loss paYaWe�to the Lender. In caea of Icrs under such policles�the Lender Is authwized to adjuat.colled snd
<br /> �ompromtse,a11 daims thereunder•and shalt have the optton of apptying all or pa�t of the Insurance proceeds(i)to any Uidebtedr�ess
<br /> secured heteby and!n such oMer as Lender may determine,(ti)to the Tn�ator to be used tor the repair or restoralion ot the Property or
<br /> (INy icr any Whsr purpose or obJect setiafactory ro Lender wittwut atfectlnp ths 1(en oi thls Deed oi Trust f�r dw tull amount securod
<br /> __�.�_.___�..�..........,,•�,,.....�,�.�� anv Amltcatlona oF nroceeda to Indebtedness ahall not extend or postpw�e the due date
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<br /> of any payrrients under the Note,or cure any defeult thereunder or hereunder.
<br /> 5.Escrow.Upon wrllten demend by Lender,Trustor shall pay to Lender,in such manner as Lendsr may dnslgnate,suHiclent
<br /> sums to enable lender to pay as they hecome due ona or more of the tdlowing:(I)all texes,assessments end other cha�pes agalnst
<br /> the Property, (Ii)tf►e premfuma on the property Insurance requlred hereunder,and (III) the premfums on any mortgage Insu�ance
<br /> requirod hy lerxkr.
<br /> 8.M�Int�nanc�, R�paln �nd Compllanc�with I.�ws.Trustor shall keep the Property In good cundltlan and repalr; shall
<br /> promptly repefr,or replace sny Improvemant whlch may be damaged or destroyed;ahall not commit or permlt any waste or deterfore-
<br /> don oi t�e Froqerty:shaSl not remove,demollsh or substantlally alter eny of the Improvements on tha Property;sha�l not commit,sulfer
<br /> or permft any act to be done in or upon the PropeRy In vldetion oi eny law,ordinance,or regulatlon;ond shall pay end promPtly dla-
<br /> charge at Trusta's cost end expense ell Ileno,encumtxences end charpe�levled,imposed or acceased agalnat the Property or eny
<br /> part tMreoi.
<br /> 7,Emin�nt Dom�In.Lender Is hereby es�lgned all compensa8on,award�,damapea and other paymente or ro8ef(herelnaRer
<br /> ric H�r��.o�sti owe�w.aro� �.`�t '� �
<br />-- OtANN�nrewaco+vNrc•rnw�.ms�w�uwcw�mlrn+nwa.w
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