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<br /> � DEED OF TRUST'WITH FU'LURE ADVAN�E3
<br /> �
<br /> THIS DEED O�'f'RUST,k R,�a.w a a» 9 t h _�►a ,►u�� ,�a 9�,ey.�a�
<br /> thsTn►�tor, Dennis D�eck�an �nd KsthX niecltsan_ husband and �ife , rd
<br /> whoaemaiW�p�ddnasit 3114 Brantvood 81vd. Grand Island NE 6(fiit�ln�'T��,wheB�oosormoro), �
<br /> theTnnlee Five Pointe Bank. a Neba�eekn Coruoretion
<br /> wf10Re11I1�Mf11piddrl��iiP_O_ AnY 1KQ71�rind Tr1�nA N� 6B9f12-1SA7 (hOflkl�fuitAS7.efld
<br /> �g�yy, Five Points Bank
<br /> whosernail��ya�ldrostb2015 N. SreaAuy 1 Ave., Grand Isl�nd NE 68802 (heroin'Ler�der).
<br /> FOR VALUABLE CONSIDERATION,fncNdk�q Le��dsr's exbnabn of cr+edt idenGfled tierefn b
<br /> iknnie and Kwthv �ieek�an
<br /> (flefMifl"BOffOMlO�,'VVf�ltllsf 0110 Or rtWfb)8fld(tle(NSt hefiekl Ct�MBd,tl10 fAOS(pt
<br /> ot whicn f�neroby.amowi.cqsa.rru�lor hereby►krs+rocat�►aarNs�trs�etsre.oo�n►eye and assfpns so Trw�es. IN rnusr�w�rH
<br /> POWER QF SIU.E.for Ihs bensM and sscurilY ot l,snder.undor and subisct Oo tltie Eerms snd cor�ditioos har+sirwRK�et t�oM.ths rsd
<br /> propArty dssct(bmd s�fi�lowr. � ,
<br /> Lot Thirteea (13), Block One (1) . Brentrrood Second Subdivieion� City of
<br /> Grsnd Island� �iall County, Nebraska
<br /> To�ett�x wMh aN M�ildhg�.h�pnov�meKNs,ftxtuns�,strosts,aNsYa.Pass�wAYs,essenients.rt�hb.P������DD�1en��oes
<br /> located ff�erson w in anywi�e pertt►inkq fherelo.and the reMs.Issues ar�pr+ofihs�Mversio�s and romeintlers tl��eol.end such psf
<br /> saoM pro�ty thet f�atted�ed b 61e knproverne�kt so as to�te a fixqxQ�k�cN+dkg�but not NnAMd b.heetkp and aoolYp eq��
<br /> meM:end Oo�eM�er with tl�e ho�r�ste�d or madtsl intereats,if any�which inlen�sts aro hereby released and waiv+ed:a10�which,includ-
<br /> ing re�Oem�s�na add�or►a cneralo.Is naedy d�clarea ro be a pa�c of 1he ral es�m se«,red ny a,e I�n a n�s oeea a Th,at ana
<br /> aN ot U�s lanpoirq bsirg rst�rred!o hsr+sin ar Ihe'Propert�l'.
<br /> '1'Hs Dsed oI Tnist�hall:sars(�)ths pymsnt d ths prkx*�I s+xn an�i ir�0er+sst e�vidsrwed by a prorrAssory rw�e or asdit pres-
<br /> • me�tdNsd ��ya� �3��,� .hsvk�g�naahritydMsot June. 13. 2001
<br /> in ths orghal prM�ci(�e1 wnax►t of i 20,000.00 .�d any and sM nwdiFicaHons,extsnsions and ronswala
<br /> tt�+eo(or fheneb and any and atl/utune advinoe�and rosdvsnces 10 Bon�ourer(or any ai tttam if more It�an ons)heteundsr ptrstwrx
<br /> b ons or moro prort�tseay��oles or crsdit a�rsemerns(f�eln caMsd'Nofe�: (b)Ihe payrtrerN o�olhsr surns sdvarxsd by Let�lo
<br /> . P��Ihs seaaily ut the Nob;(c)ths psrfa�m�r�oe d sN oovena�ns and sgroemerKs of Tn�sEor aet fohh he�sln;and(�aM prs�a�t sr�d
<br /> tuhx�s indsbkdness ena obKpNiona or eortower{or eny a tl�em i►roorn a�►or,e)w�ender wbea,er direa.indin�ct.ab�oN�le or oonae-
<br /> �,t and whelhar ariainp bf►no1e�Sua�anb.ovar�iraft or othenvise.Tt�e Nob�tfib Deed of Tnmt and eny and aN olher doaxr�erMs tt►ut
<br /> _' seoEats Ihe NoEe ix otl�erwise�xecufed in connection tl�emwlth� indudin�wiltw�d limiq8on guarantees.seaxit�►a�qreemerKa and
<br /> s�p�rnaNs of Ise�sa and rer�ts,shell be re�erred b herein as!he'Loan Inshu�uenb'.
<br /> � Truafrx cove��nb snd sQreva wilh Lender as foNows:
<br /> 1. Pa�nMnt of tnd�blydnoss.All irMebbd�ess seCtued hereby sf►a'q be pakf when due.
<br /> 2. TNN.Tnator is tha awner of the Property.het lhe o�ght end aulhairy�o oo�vey the Property.arM w�rants Mat the Usn croat-
<br /> ed heroby is a ffrst and prior tian ao the Pmpxty�except lfiar Uens and enaxnbranoes set faM by Trustor in wrifk�g e�d deMva�ed 10
<br /> La�dsr b�tore sxeaAion M tt�s Deed of Truat,and the execuNan and delrvery of ttws Oeed d Tn►st does not vlolate arty contract or
<br /> otl�er oblipedon to which TnrsOo�fa subject.
<br /> 3.Tix�s,Asa�ssm�nb.To pay before delinquer�.y all faxes,speGal assessmenfs end ell olher charges against the Property
<br /> now or herealEer bvietl.
<br /> +.Inunna.To kssP the PropertY insured agakist dart►tge bY fire.he=srda inckided wi1hM the tertn'exlended coverege'.snd
<br /> auch otl�e�r f�azards sa Lender meY requke.in emo�x�Ls end with compa�bs acoepfable lo�ender. narrih�g Ler�der as an additiood
<br /> rnrnsd hturod.wiTh los�psyable to!he Le��.�n cas�oi foss ix�der such policies,the L,ender fs aufho�fzed b a�ust,coMsct end
<br /> • oompranise.aM deims fhersunder and shaN hanre the option M applying 8N or part o1 the Maurance prooeetla(i)to eny indebbdness
<br /> sea,red nereby eod in sucn a�der as�e�der may deeermine,(i)to a,e rn,slor to be used tor nre repair or re�staauo�of the Prope�t�r or
<br /> (iii)fa�ny otl�e►purpose or obJect satisfa�tory W Lerxler without affsctiny fhe Ibn d tl�is Dsed of Trust for fhe fuq emount sscurod
<br /> hersby bstae sudt payrtbrK evet bok P��oe.MY apPlications o1 prooee�s b indebtedness shall not e�Rend or postporw the due date
<br /> a anv oal�mer►!s unaer a�e Nae.««,re any aeraulc t�teirder«nero�.
<br /> 5.Eserow.Upoo written den�and by lender,Tntstor shall pay to Lender,In such manner as Lender may des{gnate,sufficient
<br /> sunts b ensbb Lender Eo pay as they beCOme due one or more of the following:(i)eN taxes.essessments end oUter Charpes epainst —
<br /> fhe Property,(ii)the premiums on the property insuranse niqufred hefeunder,and(iIi)tha premiums nn any mortgsge inwrance
<br /> required by Lender.
<br /> 6.MNebnanp� R�paln and Canplqne�wRh Lavrs.Trustor shall keep the Property In good conditio�and repatr, shall
<br /> promptly repeU.or roplaoe eny Improvement which may be dernaged or de�treyed;shaH not oommit or pemift any waste or detericxa-
<br /> tion ot the Ptoperly:sha�N not remove.derttoibh or RubsttmtlaWy alte►aey M th�knprovements on the Property�shaN not car�mk.suf►er
<br /> or Rertrwt any�ct Eo be done in or upon the Property In violaUon of erty Iaw,otdinance.or regulation:end shall W�Y ar�d P►omPtlY dis-
<br /> charQe at Tnata's ooat end expon.se otl lbns,encumbrances and chary�ea Is�vied,impased or accessed agalnsi the Property or any
<br /> pert t��eroot.
<br /> 7.Emin�nt Domaln.L�fer is hereby�sslpned aN oompensatan, arrasds,damages and other paymenb or relief(h�ereMtiatter
<br /> ircwu�we..+o..o�..sn� .
<br /> O�IM wr�r hr+r�o.warti w snew�rmra�ur.eh�ME,ru � • � •:
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