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<br /> D�ED OF TRUST WiTH FUTUR�AOVAMCES
<br /> dr�f�
<br /> THIS DEED OF TRUST,is m�is�e of the �3rd ��,m� June ,18 97 ,�y and amonp ��`
<br /> t�J
<br /> the Tn»tor, '
<br /> , n___a r�,e..a vrr. 6RA6 herekl"TruBta"�vN»ther ons or mOrA)�
<br /> WhOS!R181Y11�8L1f�fA60�d d3i,o 4. L�i�]ly/fly�j�.r�s - .-�--�.�
<br /> q»'r�« Five Pointe Bank, a Nebrdal�a Corp on
<br /> aQqN ntwNMp�dd�w�M� � D�� :�0: �rand Island NE 689Qa-�s^� (Mnln"rrwta+'���nd
<br /> ���y,�Y nr� Benk --
<br /> ������M ,�,Ql�N. Bro�dxell Ave.. Grand I�land N4� 68802 _ (h�nln`L��.
<br /> F[Ki VALUMLE CONSIpENATtON.Inckidlnq I.�r'��xt�►�lon ol cndH klentifkd Mnin to —
<br /> �I..AdA...Q...�Ql1P.Al�Y.►�.- -
<br /> (hsrNn'Borrorwr�whsther one�a mon)u�d th�tn�t t�e►Nn c.r�l�d,th�r�
<br /> a wn�cn a n.r.�y.dcnowi.�.d� Trustor Iwreby 1►rovocaWy pnnts�trenefere�canveye and aseqna�lo Tnutee� IN TRUST� WI'fH
<br /> POWER OF 3J1lE,lor th�bsneflt and Ncurity of Lender�ur�r u�d wb�ct to thp terma end cor�d�bn�beroM�after eet tarlh�ths rsN
<br /> ���i M'�"....^�l�:..e.•!�:
<br /> Lot Onn (1), Bick's Fourth Subdivieion, in the City of Grand Island, 8a11 County,
<br /> Nebraekn
<br /> Topether wHh�N buildirga,knprovemente�fixwres�streeb.eNeYa�PessaQa�'AYs�eaeaments.riphts�Privilepe�and eppurtsnanc.�
<br /> bcated ttwr�on or In anYwhs Pendnkg fheroto�and the rsnts�lasuee and proBis.rowraia�e and romalndere thereof�and such psr-
<br /> eunel proprty thst b nttsched!o the improvemente eo as to conadtute n flxture�k�aWding�but not iNrNFed to.heatkg end codkg eqi�r
<br /> m�nt;�nd ppsltbr wNh ths homeah�ad a maritel intereats.if any,which interesta ere heroby rolesued and M'a[ved�dl a w�.k�kxl'
<br /> inp rupacemerMs and additbne thereto�is hereby deciarerJ to be a paR of the real e�tate secured by the Iien of Ws(�d d Tnat and
<br /> eU W�he torpo�kg beinD referred to herein as the'Prapert�'.
<br /> TF�Dsed of Trust shall secwre(a)the payment of the princlpal sum and intarest evidenced by a P►ani�tory note a crodit aprsa'
<br /> mentdetecL T++��33,�997 -�havMpamaturilydateof December 2U, 1997 .
<br /> in the ori�insl prindpsl arnount o!S 150,000.00 . and eny and ell mod�ICStior��exte�eion�and rene�►al°
<br /> theroo(ortl�sroto and my and ell tuture advarx�and reWd++ancea to Bomowar(or eny of them it nwre than one)herAUnder pureusr�t
<br /> to one o►mon prc,miawry nates or credit epreemente(herefn called'Note'�: (b) the paYmen�oi dher aume advanced by LerxNr o0
<br /> protect tM tscurity d th�Note�Ia)the Perfortnence W aN covsnents end apreemenh ot Troator set brth henln�and 1�dl prossr►t�nd
<br /> lutun M�d�btedr�s�nd oWi�Hons of Bortower(or any of them H moro thAn one�to LerMer whett�rdirect�indiroct�obeolu0a or oonik►�
<br /> pen!end whetl�er e�kg by note.�uererNy�oveNreft or otharwiae.The Note�thb Daed af Trwt aM any and aN olhe►doamwnts thet
<br /> e�cure the Nots or othsrwise executed In connectlon therewith, includinp wHhaut Iimitafion guarantees.eecurity epreementa and
<br /> e4siynrt�nls of Is�eee�nd rente,shaN be roterred to herein as the"Loan instrumenta'.
<br /> Tnulo�covenants and agreee with Lender as tdlows:
<br /> 1. P�yn►w�t of Md�bt�ss.All(ndebtedneas secured hereby ahaN be Paki when due.
<br /> 2. TNN.Truabr 1a ths owner ot the Property,has the ripht and autt�oriy to convey the PropeAy. and warrents that the i(en crset-
<br /> ed heroLiy is a Hrst end prior Nen on the Property,except(or Iiens and encumbronces eet fo►th by Truetor In wrHin�uid deliverod to
<br /> L�nder Wlora execufbn o(thla Deed of Trust, and the executlon and delivery of thla Deed of Tnat does not violate any oontract or
<br /> dher oWipRUon to wh{ch Truator la subjsct.
<br /> 3, T�1c�,!���!�!!!!e.Te R9��tO�N C��I�M��p�r A�I�RYA��snectal aeeeesments and all ott�tu char{�pe sgainet the PropeAy
<br /> now a honatter bvbd.
<br /> 4. Imunno�.To ksep the Property Insured apainat damap�by fire,hszaMa Inciuded withinthe tertn'extended coverape',and
<br /> wch haz�rcls�s Lsndsr may requlre, fn emounts end with companles aoc�ptabte to Lendsr,naminp Lender as a�addit'wnN naned
<br /> �nsured, wkh loss payeble to the Lencl�er.In case of loss under such poNClea,the Lender Is euttw�zed lo adJust,cdlect end oompi�a
<br /> mis�,�II datme tl�srounckr and shall have the optbn of epplyiny all or peR of the ineurence proceeda(�to eny(r�deb�edness eecurod
<br /> hsreby an�!in wch ordnr ss Lender may determine,(11)to the Truator to be used fa the ropair or rostonhon ol the Pro(�s�iy or(Wy for
<br /> eny dher purpop or ol�ct saNsiaclory to Lender without attecting the Han of thia Deed of Trust lor the full amowit�scurod hereby
<br /> bsfon such peyrn�nt ever took plaoe.My appllcetbns ot proceeds to Ir�febtedneea shall not extend or postpons the due dats of anyr
<br /> paymente wxi�r the Nots,or cure any delauft thereunder or herouncbr.
<br /> r --- --- ��..........�w�...�.......�n�.�....e. 7n�atm .i,.0.��tn�orvU,r. tn such manner es Lender maY deal�nete.8UIliC1Mt
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<br /> euma to e�►able Lender to pay aa they become due une or more of the toliowinp: Q)ait texea,assessme�►ts end other charpes aQninet
<br /> the Property,(Iq the premlums on the p►opc�rry Insurance required hereun�ir,pH)the premiums on eny moKgege insurancs requl►ed b1r
<br /> Lender.
<br /> 8. AINot�nanc�,R�In and Compllanc�with I.�wa.Trustor shall keep the Property In good �Ition and repafr,�hail
<br /> promptly ropalr,or replace eny tmprovement whkh may be damaged or destroyed;shall not cammlt or permit any waste or deter{ora-
<br /> tbn of the Property;shell not remove,demolish or substantially alter eny of the knprovements on the Property;shall not oommit,sutter
<br /> or pem�tt eny act to be done In or upon the�roperry in vioiation of any law,ordinenco.or reyutatiora;and shali pay and promply dis-
<br /> charpe at Trustor's cost and expense alt Ilens,encumbrances and charges bvlad,Impoaed or axesr,ed against the Property or any
<br /> part thereof.
<br /> 7. Emirnnt Doma�n. Lender Is hereby asslgned all compensatfon,awaNs.darnngea and other paymen4s ar relief(herelnatter
<br /> �rc��n�wwrrr o..a�nw.ws
<br /> 91fM�Ye�W YfW d Ca�wwaT'ul r�06rW�W N�xUwllrwo�t IYbWu
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