|
. ;`::., ,' . . �
<br /> ».,u� � -
<br /> _.�,'
<br /> '"'. , ...:�r� _� ;�;_
<br /> ��s` . ..
<br /> . _ -:r_.1.�.-.-
<br /> 1 �7� 1��1� Pa e 6 ,�--.;::;u,�z._^':=.=V
<br /> � DEED OF TRUST g i°��'��r;:':,
<br /> 10-16-1996 ����'
<br /> i (Contlnued) ,;� �`-
<br /> Loen No 46080 __— � - t�
<br /> 7rus1.
<br /> Powe►AOf Trustee. In adddion b atl powers of Trustee anstng as a matier ot law^T�usleeahnll Qntlei1 ne�8oma►��a��plaeo�ehB�Reel�property, , _.
<br /> wdh rospaCl lo the Propo�ty upon Iho wniten iequ05t ol Lender end Trustor. (e)la P P 9 . '�'�
<br /> inCludinp the dedir,plipn o1 slreets or O�her nghls to Iho publiC: (b)�oin m grnnting eny easemenl or creating any�eslriction on the Real Property;
<br /> tind (c)Io�n�n any subord�nation or othor aflreernenl aflecling this Deed ol Trust or Ihe�nterest of Lender under Inis Deed a�Trusl.
<br /> � Trustee. Trusteo shaii moo�aii quaid�cnl�ons requ�red 1or Trustee under applicub�e iaw. In addd�on lo tne n{�hts and remed�es set lorth above, _
<br /> w�U��especl lo a��or any part of Inn P�operty,the Yruslee shall have the nght to foreclose by nolice andl cabloaaw LenAer shall have Ihe nght lo �;
<br /> ,I roreciose by�ud�c�ai lorociosure,in either Cnse in eCCOrtlenCO wdh nntl to ihe tull exlenl p�ovided by app ��,.
<br /> Sutceaso►Trustee. Lentler,at Lender's op�ion,may�rom time to lime appoint e successor Trustee to any Trustee appoided hereunder by en .a`
<br /> ,,..r 1 ins��ument executed end acknowledged by Lender and recorded In the OHice of Ihe iecorder of Hall County,Nebraska. The�nstrumenl shall _
<br /> ' � � computer syste�m eterence)hwher9�hiS Deed ofdTbust is recorded,a d the name end Iaddress of Ihe successor t ustee, and he nstr�umen9 shall S�
<br /> I be executed fn he Pro erty,shallbsucic ed bo alel Iherte eupowerha dedut es conleaedeupon the Tr stee nneth 5'Deed ot Trust a d by pp��cab e ' '_� _ _
<br /> I �onvevence o P - '''"'`"� - -
<br /> law. This proCetlure tor subsutution of Irus tee s he�l gov e m t o t h e o x t i u s i o n o�a l l o l h e r pr ov�s�ons for subshtut�on. -- J
<br /> d medetl.shell be deomed oitect�ve wnen �•�
<br /> NOTICES TO TRUSTOR AND OTHER PARTIES. Any nohce under Ihis Deed of Trusl shen be m wnimg,may be sent by telelacsim�ie.and shau be �•._`
<br /> eftective whnn nctually delrvered,or when deposded wdh a natipnany recogrnzed OvBmigM rouner,or, mnin ul .� `
<br /> deposdoN �n th0 Ui�dBd S�BtOS mad fu51 CIASS,CCridlpd Of�9e�5tJ�6d rt18d,pcwln�o prepaid,duecled1NO��h�o m8�w�iten notico'lorih0 olher pa�es, �:r.�
<br /> Ihis Deed of Trusl. Any party may change its sddress for noUces under ihis Deed of Trust by g' 9
<br /> pior tty�ehthlshD edpof Trusttshell�be SeMt o Lender's adUress gas shown Inea pthe hegmin ng of}th scDeed ol Trost e Fordnd�ce purpos shT uslos ��`_
<br /> agrees lo keep Lender and Truslee Informed at all tirnes ot Trusto�'s currenl address. ____
<br /> . �_-
<br /> MISC0.LAN�OUS PROYISIONS. The following miscellaneous pro�siuns are 0 part o�lhis Deed ot Trusk �_-`
<br /> Amendment6. This Deed ol Trusl,together with any Relflted Documents,conslilutas ihe entire understanding and agreeme venf m writ o 0 and �`_:��.�--
<br /> „ to ihe matlers set fo�1h in ihis Deed of Trust. No alteretion of or emendmont ia lhis Deed ot Trust shull be eHective unless g 9 __
<br /> r. s�gned by 1he partY or parties sought to be charged or bound ny the alteration a emendment. - _
<br /> �`� Annuu Reports. If lhefnr�ncom'e r�eceivad frorm�the Proper�y during�Trustor'sep edoussfiscalhyear rin'Such form�and de ta�Qas Len d e r�s h tl ___�
<br /> s t a t e m e n t o f n e t o p e a g
<br /> reqwre. "Net operating income"shall mean all Cash receip ts��om t h e P r o p e r t Y�e s s a U C a s h e x p e n d i t ur e s made in conneCUOn t+nih thH operation
<br /> f th Pr o ert . . Su b ECt to the �.+��.�_
<br /> �• o e P Y =
<br /> 3 prov'191ona on arbltratlone this Oeed o Trust ahal�lebe�go ernedeby end construed n eYccordence with hte lawa of t re State ot Nebraska. �—
<br /> _....___ _ � �p�tino Flesdings. CnOUOn h2adings in th�s Deed of Trust are for convernence purposes only and are not 10 be used to into�pret or de6ne the
<br /> �. provis�ons Of th�s Deed O}Trust.
<br /> �'�. �. Merper. rR�srm shall be no merger of Ihe interest or estate created by this Oeed of Trust with any other interest or estate in the Property at any
<br /> �: hme held by or tor 1�0 beneiit of Lender fn any capacdy,without the written cOnsent of I.ender.
<br /> '�� Multipie P�rtFes;Corporol�e Aulhorlty. Ai1 obligatlons of Trustor and Borrower under this Deed of Trust shall be joinl and several,and all
<br /> re(erences lo Borrower shall moan eech and e�ery Barower,end all references to Trustor shall mean each and every Trusta. This moans thet
<br /> each of the persons signfng below is ies�onsibk�for dl obliga��ons In this Deed of Trust. _
<br /> Sever�billty. It a court af competent jurisdictlon finds any provislon of this Oeed ol Trust to be Invalid or unenforceable as to any person or
<br /> eircumstance,such ilnding shall not render thal provision Invelid or unenforCeab�e es to any other persons or CirCUmstenCes. It fea5ible,any _
<br /> such oNending provisfon shBll be deemed to be modified to be wilhin the Iimils of enfo�ceabdity or validity;however,if the oNending provisfon
<br /> cannot be so modified,it shall be stricken end an other provis�ons of this Qeed af Trust in all other respeCts sha�l remain valid end enforceable. -
<br /> SucCessore atld Aa5lpns. Sub�ect to the Iimdations stated in this Daed o�Trust on transfer of Trus�oPs mleresl, this Deed ot Trust Shall be
<br /> binding upon and inure to the benefil of iha purt�es,iheir successors and ass�pns. It ownership of the Prope�ty becomeS vested in a person
<br /> olher than Trustor, Lender, without notice to Trustor, rnay dea� with Trustor's successors w��h re�erente to tn�s Deed ot Trusl end the
<br /> Indebtedness by way of forbearance or extenslon wdhout releesmg Trustor from�he oblfgeUOns of Ihis Deed of Trust d liablhty under ihe
<br /> ' Indebtedness.
<br /> ., ��
<br /> `7• Time Is of tre Essence. Time�s ot Ihe essence m lhe performance ot th�s Deed of rus.
<br /> , �,��
<br />- �:••� :
<br /> , '�r. Weivers end Conaents. Lender shall not be deemed to have waived eny rphts under this Deed ot Trust(or under me Related Documen s
<br /> unleu such wafver Is in writing and signed by Lender. No delay or omissfqn on Ihe part of Lender in exercisin9 anY nghi shall operate as e
<br /> � walver of such right or any other right. A wniver by any party ot a provision of Ihis Deed of Trust shall not constitute a weiver of or prejud�ce the
<br /> . , pnrty�s ripht othsrwise to demand stri;;t compliance wiih that provisfon or any other provisfon. No prior wefver by Lender,nor any Course ot
<br /> t• deaGng betweon Lender and Trustor or Borrower,shall conslitute a wawer of any of Lender's rights or any of Trustor w Barower's obliqations
<br /> _ � ,� �,; as to any future transactions. Whenever Consent by Lender is requlrad in this Deed of Trust,the granfing of such Cansent by Lender In eny
<br /> + mstance shall not constitute conNnuinq consent to subsequent InstanCes where such consent is requirod.
<br /> ' '�.� ��� � WaIYCf Of HOrt1EE1lOd F.xErtIpl1011. Trus►or h8�eby rele8Se5 0nd weive5 e��righlS Bnd benetit5 of�he horr�e5te8d exempllOn 18w5 Of the Sfflte ot
<br /> �� �'� Nebraskfl as to all Indebtedness SeCUred by th�s Deed of Trust.
<br />_ ,, "��%�' EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THI S DEED GF TRUST,AND HACH TRUSTOR AGREHS TO IT$
<br /> . ;;,��,c TERMS.
<br /> •}��i'�
<br /> ''" TRUSTOR: �
<br /> � _ X
<br /> .` ��"'�"� Mpry Ch
<br /> r . Cht `�5-----_--
<br /> �r,•, INDIVIDUAL ACKNOWLEDGMENT �;�;;_"�i_
<br /> � .`� `�� � ; "�"��
<br /> STATE OF \\O �C+ ��-�-- 1 " ��
<br /> �'��
<br /> - ��
<br /> �_
<br /> ' COUNTY OF ��-� � �
<br /> S __. .4� _-'-_
<br /> On Ih�s day before me, the unders�gned Nolary Pubi�c. personauy appearecf Edwertl C.Wlcht end Mery Jo Wicht.to me kno�vn to be the
<br /> �nd�wduais descr�bed�n a�d who exocu�ed tne Ceed of Trust,and acknowledged Ihat ihey signad the Deed o�Trust as�he�r Iree 3nd volu��laiy:lC�
<br /> and deed.�o<<`�e uses and purposes therein menhon d., .`� �
<br /> dayot �-=-- --- , ts���
<br /> Glven under my hand and otticisl seal thls_ ^ c_
<br /> Br�� _ � ��--�n.�-_(,,._
<br /> � .�t�as►1 Notery Publle In e for the State of �g�� !�Y.4i.....-
<br /> G(1Y: , �yG
<br /> I� ,9 Reslding at��,;. �c-\�`
<br /> • �_�"� My commiss�on expires� ��. �_.
<br /> � .�}t'
<br />_� � � �
<br /> '� - - :
<br /> � - .,.,� __
<br />
|