|
,ar�l� � 1r ' �;�.. '. �i.Jp,�.�y�.�"
<br /> � . . ' . • , . � 'l_ �Y",H�w'7,� � ,...-f�, �t." :r�',+W �i• a.
<br /> „ - - . : : �y�.�
<br /> 1�
<br /> . �.cu �. . ...W:�.:.`.,5.lb�,~5'.'l9NS�:il�t•1'
<br /> . ..�.
<br /> . _ ��.._::,_..
<br /> , \C� ^� • _�iu-lY1LoFt_•••a.zi-r'�.
<br /> c �� � n � �n co c, v� `•�,��.�--__.._,-.
<br /> ` .r... I+1
<br /> ,C\ :.i � S � : 1� ""� Q � r'T"� -7j,;•�, �}�'�
<br /> ., " � V � �i Cn `` � Z � � +,:•. . •� •'�
<br /> ' � � � , r� :�.: �� . � � rn �� �;'
<br /> � ,,,� � y �; n ;: � f �-, c� .� h •.1 , ,
<br /> , ,.,,� � Q�, � , l ;�� �.; �� f � � � °' �, .�, � �, ; . . ,
<br /> � `'�'�� �,.� �� ri � � .� � ,i � �� � .
<br /> �� V �,�, C :v � y � ,� � � w C� ~ r -
<br /> � � v� � � � �p r� � 0 � t'� b Cn h . ..'. ',,� ,_
<br /> i �'.,�.1 "il !� � �:� � v► �? . . �
<br /> �+ �� tG n � � "-+:;y,t,,�.
<br /> �\ � �a, i''7 w s» � �
<br /> • G �,� � c.n e v ►'-,' `� �`:;.t;+3�:"�::z.�'��+`;�.
<br /> ��y, � � V� � t n�r, r�.�,,,,;�5
<br /> ✓.�.y�q'�► . p�t ;.•_ ,'ti :.r'�:. •
<br /> � � DEED OF TRU87 WITH FUTUFIE ADVANCES •�� j� ��'' �
<br /> ' ,�•;�;;.,., .��-��r
<br /> „ �� -_
<br /> i e
<br /> R THI8 O�ED OF TRUBT, fs meds sa of the 3 dey of �Ul y , 19 97 ,by and amonp -°-
<br /> � ��,-°
<br /> the Trustor, Wi 11 i am G. and Lee J. Poo le � 6 a,.�, �_-
<br /> � whose mailiny eddress Is 924 West 8th, Gra nd Isl dnd, N� 68�01 (herain'Tnistor',whether one or rtarQ), \ —
<br /> the7rustee Natidnal B�nk of Commerce Trust & Savinqs Association —__ _
<br /> � 1248 0 Street, Li ncoln, N� 68508 �nere�n'Trustee'�,and �""�""°
<br /> whose maiY�B address Is.^
<br /> Y� tneeener,ciary, National Bank of Commerce Trust 8 Savinqs Association_ =�'<
<br /> whose ma�ling address Is 12�8 0 Street Li nrol n N� 68508 (hareln•�ender"), =
<br /> FOR VALUABLE CONSIQERATION,Including lehder's extanslan of credit identified herein to Trov L. Po01 C �!�'y----
<br /> `�
<br /> - (harnin'Borrower,"whether one or more�end the trust herein croated,tha receipt
<br /> of wMch Is hereby ecknowle�l9ed�Trustor hereby irrnvocably grents,transfera, conveys and assigns to Trustee, IN TRUST. WITH
<br /> _____ ____ p�vy�q�p�ALE,for the baneflt and securi.ty ot Lender�under and sub�Je,c4 to the te►�r�a and�condlt�ions herei�fter se!forth the re�l
<br />=----- ..
<br /> � prope►tYdesCdbedesfolbwe; The SOUth21^ly Na�f of LUi, ��Ix ��i}� uiu�{i riiil$�28ii �Z.}� �31�L�LY'
<br /> Park Addition and its compleimnt: The Southsrly Ha1f of Lot Fivs (5), Block Twslve (12)
<br /> in H.G. Clark's Add9tion; bath being additions ta the City of Grand Island� Hall County,
<br /> l . Nebraska, commonty known as 924 West eighth Street, mare particularly described as -
<br /> � atta�ched Exhibit "A" __.
<br /> Together wifh ell buitdinQs,Improvements,fixtu►os,streets,alieys,passapuways.�esements,rights,p�ivil�,pes and appurl�n�et
<br /> lacated thereon or In anywise perte�ning thereto,and tho rents,Issues and profits,�eve�sions and remainders theraot,and su��h p,ar•
<br /> � � '^'', Sonal property that I9 attachetl to the improvemenl�asi ay lo COtlStitute�tixtct�c,trtCtc�irtg,but not R�nited to,heAtkx,�end 000Wng�eqvip�
<br />�,,;'�? �: � ment;and together wlth the homestead or marital intsrests,if any,which Interests are hereby released and waived;all of whkh.Indud•
<br /> . • inp replacements and additions thereto,is hereby deciared to be a part of the real estate secured by the Ilen ot thia Deed ot Tnut and
<br /> ;r.: �� all of the toregoing befng roterred to herein as the'Properiy'.
<br /> �;��y�� This Deed of Trust�halLsecpLe9(a)the payment ot Yhe principal aum and Interest evidenced by�prorllsso)y��3oO�e or credit ogree�
<br />- mentdated JU Y 3, ly 7 ,haVing a matutriy dale 01 JU y LU, Z U
<br /> z,•.;.�' ..:','�!
<br />,gM��•..-�;�.,., in the origlnal pdncipel amount of a 14 635 75 , and any and all modifications, extens(ons arxi renewals
<br /> _�;, ••• �„q thereof or thereio and any end all tuture advances and readvances to Borrower(or any of them if more than one)hereunder pursuant
<br />"�v; to one or more promissory notes or credit agreementa(hereln called'Note�;(b)ttx+payment of other sums advanced by Lender to
<br /> ` - '•• - ' protect the secu�ity of the Note;(c)the pe�formance of al1 covenants and agreements of Trustor set torth herein;and(d)all present end
<br />"".!,� ° , tuture indebtedness and obligations of Bordower(or any of them if more than one)to Lender whether direct,Indirect,absotute or conUn-
<br /> _ � gent and whether adsing by note,guaranry,overdraft a otherwiee.The Note,this Deed of 7rust and any end�II other docximenta that
<br /> .:=-3i�'e'.:� secure the Note or otherwise executed in connection therewith, Including without Ilmitatlon guarantees, securiry agreemenls ei�d
<br /> ��*"'�� essignments of leeses and rents,shait be�eterred to herefn as the"Loan Instruments".
<br /> ��', ,, � TNStor covenants and agrees with Lender as folbws:
<br /> 1, p�yrt�nt of Ind�bt�drnss.All Indebtedness secured hereby shall be pald when due. _
<br /> r`" ' 2. TItO�.Trustor is the owner of the Propeiiy,lias the right and authority to convey the Property,and wanants that the Oen creat- - _ _
<br /> � ed hereby is a first and prior lien on the 6'roperty,except tor Iiens and encumbrances set forth by Trustor in wnting and delivered to �
<br /> ' �. � Lender before executbn of this Deed of Trust, and the executlon and delivery of this Deed of Trust does not violate any contract or '�..`.'`
<br /> � other oWigaUon to which Trustor is subject. } -��;
<br /> 3.Tax�s,Assesoment�.To pay before delinquency ali taxes,special assessments and all othor charges apefnst the Property y .�,.
<br /> ? now or hereafter levied.
<br /> . •' 4.Insunna.To keep the PropeRy insured against damaye by fire, hazards included within the term"extended coverape', and a'�;.,,;_�Y 'r.�-..'
<br />- ' such htizarda as Lender may requfre,in amounts and wlth cornpanies acceptable to Lender,nttmfng Lender as an additional narned �,:.�,�..,�y�� �?s,_
<br /> z •
<br /> i Insured,with loss payable to the Lender. In case of bss under such policies,the l.ender is suthorized to adjust,col{ect and canpro• , ti �..,r
<br /> , 1 .;:_iN.�r .'•.
<br /> mise,ail claims thereunder and shail have the opUon of applying all or part of the insurance proceeds(i)to any indebtednoss secured ": •�f".�7' �
<br /> � hereby and in such order as Lender mey determine.(ii) to the Trustor to be used tor the repafr or restoratbn ot the Property or(iii)tor • -��:��+ �
<br /> - •' any other purpose or objecl satisfactory to Lender without aflecting the lien of this Deed ot Trust for the full amount secured hereby
<br /> � � before such payment ever took place.Any applications ot proceeds to Indebtednass shall not extend or postpone the due date of any
<br /> ______—_ ,.e,,,,,.o„��,,,,�w�tn�.ranta.or cure anv default thRreunder or hereunder.
<br /> . .. ---- w,..._..__..--- -�- • • -
<br /> 5.Escrow.Upon written domand by Lender, Trustee shall pay to Lender,in such manner as Lender may cles�gnate, suii�ent - -�---°r---
<br /> sums to enable Lender to pay as they become due une or more ot the following:(i)ail taxes,assessments and other charges a�a�inst
<br /> . the Property.(ii)the promiums on the property insurance requfred hereunder,(iii)the premiums on any mortgage Insurance requred by
<br /> , Lender. ,
<br /> 6.AAalnt�n�ncs, Repaira end Compllancs wlth L�ws. Trustor shall keep the Property in guod conditlon and repair; shatl
<br /> prompUy repafr,or replace any improvement which may be damaged or destroyed;shall not commit or permit any waste or deteriora-
<br /> tion of the Property:shatt not remove,demolish or substantially alter any of the improvements on tho Property;shall not oomm�,su8er
<br /> I or permit any act to be done in or upon the Property in valation of any Iaw,ordinance,or regulation:and shall pay and promptly dis-
<br /> charge at Trustors cost and expense all liens, encumbrencos and chargas lovied, imposed or accessed egainst the Property or any
<br /> part thereot.
<br /> 7.Eminent Dcmain.Lendor fs hereby assigned all compensation, awards,damages and olher payments or reliet(hvreinafter �
<br /> eee�+sa�wr.y�a�+r own w.��n � '
<br /> .. p�Il�ww�Y or+a cun+wutw re sw�w�'•�nn l.co.�waa+.a • , {
<br /> � I
<br /> i
<br />
|