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NE 68803 {herein'Ttustor`,whetheroneormore), c <br /> �� whose mailing address is ` <br /> . a �lf� t'on <br /> the Trustee Fi V - <br /> � (herein`Trustee'),and <br /> whose mailing address is P.0 BQx 150 Gr'and I sl and NE 68802 <br /> '� theBeneflciery, Five Points Bank a Nebraska Cor oration <br /> whose mailing address is P.�• Box 1507 Grand Isl and, <br /> NE 68802 <br /> (herefn`Lende�'). <br /> ,._..,.,.... �l W�1pS a_ <br /> FOR VALUABLE CONSIDERATION,including Lender's extenslon of credit Identified herein to�,,,ti,.y _ <br /> " (herein'Borrower;whether one or more)end the trust herein created,tF�e recelpt <br /> • of which is hereby acknowledged,Trustor hereb Lenderr unlder and subJectto the terms end condltions herefnafter set Rorth,the�eal <br /> ___ _ pr,?wG�n�SALE,tor the benefit and securlty o <br /> ,.. property described as tollows: <br /> �ti._ . Lot Four (41, B1ock One (1) � Uale Roush Second Subdivision, City <br /> •- ��,,,.._ of Grand Island, Hall �ounty, Nebraska. <br />�; <br />-' ' � Together wfth ell bulidings,Improvements,flxtures,streets,slleys,passegeways,easements,rights,pdvileges and appurtenances <br /> e;�.,u;-, . <br />•_=_:;,Y;;• � � located thereon or in enywise pertefning thereto,and the rents,Issues and profite,reversions and remainders thereof,and such per- <br /> �`" " `' ` sonal propeAy that Is attached to the improvements so as to constitule a fixture,including,but not Iimited to,heating and caoling eQu�R- <br /> "� � � �` ment;end tog�ea dt�ditbns thereto,fs hereby'dec ered t be a part ot the real estete secured by the Idienaof thls D�eed T�ust and <br />-:�YS:...: .1.,�. <br />.��.,.�.�,� Ing replaceme <br />;��w' ' ail oi the foregdng being reterred to herefn es the"Property. <br /> , _a,;._,:• <br /> _ Thls Deed oi Trust shall secure(a)the payme�t of the principa�v 9 8 maturlty dat ot�gi e'cr za' 3ppote or credit agroe- <br />=`� '�.,• �•• mentdated <br /> �-�="=�,��`�-��� 5,000.00 __, end eny and ali modiflcations, extensfans and renewe�s <br />��r:�- in the original principal amount of$ �_ <br /> ••r. thereof or thereto and any end all futuro edvances and reedvances to Borrower(or any of them if more than one)hereunder pursuan <br />�. �'�, to one or more promissory notes or cred(t agreemenls (herein called "Note'):(b)the payment of other sums edvanced by Lender to <br /> — L>.iy:,,{, <br /> s,.,;:..� , protect the security ot the Note;(c)the performance of ali covenants end egreements ot Trustor set forth herein;and(d)ell present en <br /> - ''� `'= future Indebtedness and obllgations of Borrower(or any ot them if rnore tha�one)to Lender whether direct,indirect,ebsolute or conqr�- <br />:.��..;;•, � <br />�;,�,_ ,;�. gent and e N te oriot erw�se texecut dt n connecton e e th,inceluding without I mft tlontgue nt es secu tyragreements and <br /> � -�--�-•� secure t <br /> �"'�`•�' � assi nments of leases and rents,shall be referred to hereln es the'Loan Instruments". <br /> Y?.�-•Kr..�,. 9 <br /> z=w.•�-.�.�r,;; Trustor covenants and agrees with Lender as follows: <br />�r=:::;,,;..,'M. 1, paytn�nt ot Indabtedneas.All indebtedness secured hereby shaU be paid when due. <br />= �':::���• 2. Title.Trustor fs the owner of the Property,has the�ight and aulhority to convey the Property,end warrants that the lien creat- <br />�� " ' ' ed horeby fs e flrst and pdor Ilen on the Property� except Tor uens and encumbrances set forth by Trustor in w�iting and detivered to ` <br /> � � � Lender before execution of thfs Deed of 7rust,and the execuUon and delivery of this Deed of Trust does not vtolate any contract or <br /> - other obligetfon to whlch Trustor Is subject. <br /> � 3.Tax�s,Ars�ssrn�nts.To pay before delinquency an taxes, sPecial assessments end all other charges egainst the Property <br /> ,��°��• now or hereafter leviod. <br /> • �� 4.Insunnc�.To keep the Property Insured egainst damage by fire,hazerds Included withln the term"extended cove►a9e',and <br />� � � � such other hezarYdyf�has�g epayable t rthe'Lendere.rtln aase ot bsshu dersuCh policies,thetLenderes au horiz d to edJust colect and <br />' ; named Insured, 1 in ali or art of the Insurance proceeds(f)to any Indebtedness _ <br /> � .' � compromise,ell ciafms thereunder and shall have the optlon of app y g P -- <br /> - � � secured hereby end in suCh ordee t satsfactory t dLendern withoutaft ct ng the�lben of his DeedBOiIT ustfor�hef tul�amountroseeu ed �'•. _" <br /> ; (fli)for any other purpose or obj �� - <br />� hereby before such payment ovor took place.Any appilcations ot proceeds to Indebtedness shall not extend or postpone the due date _,i, <br /> i__ „r o.,.,.,a�mantc undet the NOte,or cure any detault thereunder or hereunder,w. �^ e..nh ma�nar a�Lender maY designate,suf�c►ent ..�y <br /> , .-. -._ _. - .� � �� .......i r—�'-'- t� a.o��uo...�. ..........._... _ <br /> 5. Escrow. Upon written demand by Lendor,T nls[o�snari VnY�- <br /> ' sums to enable Lender to pay as they become dulnsu ance r qulred hfereun,der,aindll(I) the premfuma onaan�mortcaaeen u9rence <br /> the Propdrty. (�i) the premfuma on the property <br /> Y 99 <br /> requlred by Lender. in ood condltion and repair; sheli <br /> 6. Maintenance, R�paira and Comptlance with Laws. Trustor shall keep the Properry 9 <br /> promptly repefr,or replace any improvement which may be damagad or destroye p shall not commit or perm��shellW ot commit BsuNer <br /> tlon of the Property:shall not remove,demolish or subntVi leConlofrany law ord nance oe regulat onPand ell pay and promptly dis- <br /> 1 or permit any act to be done in or upon the Property or an <br /> I cherge at Trustor's cost and expense all Ilens.encumbrances and charges levied. Imposed or accessed against the Property Y <br /> part thereof. <br /> 7. Eminent Domaln. Lender is hereby assigned ell compensatlon,awards, damages and othor payments or reiief(hereina er <br /> HB(:7�5/IND��Y ONtlI Nw SIB! . <br /> � CtB6EN�umrlun�dCu.+�+N�atnn�x,asav+'G+bm�ucn l.+can Nw�u� <br /> � ..__�.._.,�_�.....�_..._i_._u.._.. .. .. <br />