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<br /> DEED OF TRUSY WITH FUTURE ADVANCES �
<br /> THI3 DEED OF TRUST,b rt�ad�as of dN 87ih�y o} Jul. ,�g_, 97,by antl�rnonp�
<br /> theT�ustor, JAMES ;!. MILTOEii � BARBARA A. MILTOEN � hu�b�nd �nd vii� � \�
<br /> Pu Hox 1935 K�arn�y Ne 68648-1635
<br /> whose maWnp edd�'�ee I�— (heroln'Tniata".wfNlher one a mora)�
<br /> tl�a Tn�stee Fiv� Pointt 8ank, a A�br��ka Corpor�tion
<br /> whose malltng address fs p•0. 8ox 1507 Orand x�lsnd, RE 68802 ���..T�����
<br /> the 8enefic�ry.
<br /> Fiv� Point� Bank
<br /> ������� 2Ql1S N. Broadr�ll (irand Iel�nd, NE. 66882-1507 ���.���.
<br /> JAMES J. MILTGfiN
<br /> FOR VAWABLE CANSIDERATION,indudinp Lenders eMensbn of credit{dentified hereln to
<br /> (heretn'Borrower�"whsthsr one or more)ancl ths tnist hsrsk�crssted�the rsceipt
<br /> of wh(ch is berepy edcnowbdyed, Tn�sWr herehy irtevocabiy g►anie,trensfero,�mrsya and assipns to Trustee.IN TRUST,WITH
<br /> POWER OF SALE�t0►1he benelit arld AeCUtit�/ot I.�arlsr,u�der erKi subjet.l eo ine ienr�s aiu�'i�ii:0ats t�s�ss�t.:...,.�'.SCt!!:.!t�t�!
<br /> �1���.8°�,��'IN �RACTIOHAG BLOCK 2 IN SPAULDINti i GRF•dG'S ADDITI�M � I?S
<br /> CA!lPLElIBiM'S TO-1iIT: FRACT. LOT E3 IN FRACT. BLOCK 16 IH ARKOLD i ABBO�f'f•3
<br /> ADD. i FRA�4. LOT 8 IM FRACT. BLOCK 2 Ili ARIiOLD PLACE, ALL BBI1tI3 ADDITIORS
<br /> TO T�iE CITY OF ORA![D ISi.11ND, HALL COUYTY� NEBRASKA
<br /> Topether with alt buiklkps�fmprovements.Poctures.atreets.alleys�Passayewaya�easements,rbhte�pmrNapss and aPP�r�w�as
<br /> bcated thereon or(n enywiee pertdnin0 tl�xeb,and ths roM��tssuse and proflte.rsverebns, and romaioders theroof.end auch per-
<br /> aonel Property thet la etteched to the improvements eo ea to cons�tute a flxturo,IncN�din9,but not Iimited to,heetiny enH Cooliny eq�Nr
<br /> msnt�end lopether wNh the homestead or marild interests.if any.which Interests are hereby released and weived:aY o�wMch�hckd-
<br /> fng replacertients and additiona thereto.Is here�by dectered to be a pert of the roel estate secur�ed by the Iisn d tl�is Dsed ot Tnar4�rd
<br /> all o(the}q�epotrp beMg rofemad to heroin ae the"PropeRy". -
<br /> This Deed of Trust shdl c�airo(a)the payrnent of tt►e princip�ai sum and intsre�t evtdenoed bY a Pnort�{s�ory►�ob or aedk ay�
<br /> ment dec�d J�iy �th i�� ,nawr�a mew�ny dam a JuLY �+.� �2
<br /> in the wt�lnal pdncapa�i amount of S 61►�35.50 , end any end all rnodfl�nUona.exEenelons and ►enswN�
<br /> thereot or thsrob and any end ali tuturo advar�ces end readvances to Borrower(or er►y oi tl�m N moro tlwn ons)Iwre�x�der Pw�t
<br /> to one a m!we promiseory notes a•ccedit aa„�eements(herotn called"Note"�:(b)�+s payment of other sums adva�tced b1► Lend�r b
<br /> protect ths escurily of d►e Note:(c)the pe�tom�ance o(all wvenante and ayrasments of 7rWtor eet brth herei��and(d)dl proe�nt wjd
<br /> fi�luro indebtsdn�ss aed mbllpaUone of Borrower(or eny of them if more then one)to Lenderwhether direct,tndirect,�baoN�ls aroonfin-
<br /> qent and wt�sther ariehp bY note�Warant�►�ove�drak or otherwtse.The Note.this Desd ot Truat and eny end aM othe►docurnents lhst
<br /> eecure the Note or otherwtse executed in connection therewith, Includins wtihout Iim(tadon puarentees,security agreernents and
<br /> assi�r�nents of bASe�and renta,at�all be rolened to heroin as the'Loan InstmmenOS'.
<br /> 7rustor covenante and egrees with Lender as tdlowa:
<br /> 1, Payne�nt of kid�bad��ss.All indebtiedriess secured hereby shall be paid wF►en due.
<br /> 2. TMI�.Truator Is the owner of the Property,has the►ight and euthoriry to oonvey tt�Property,and wanante th�t the Nen croRt-
<br /> ed hareby la a R�st and prbr Ilen on the Propedy.except tor fiens and encumbrences eet forlh by Trustor fn writlr�q end delivered to
<br /> Lender before exeautlon of lhis Deed of Tntst,and the execution and deifvery ot this Deed of Trust does not vtolate any contract or
<br /> other obligaUon to wt�h Trustor is subject.
<br /> 3.T�zts�AssNSm�nts.To p�y betore delinquency ali taxes,special assessments and ail other charpes agatnst the Property
<br /> now or hereafter levied.
<br /> 4.In�ur�.To keep the Properry insurod apalnst damaqe by fire,hazarda tncludad wilhln the term'sxtended oowr�'.and
<br /> sucA hezards ae Lender may requiro, In artwunts and with compantes axepteble to Lender. naminp Lender as an a8dltlonai named
<br /> insured,with loss payable to the Lender.In c�se of loss under such polic(es,the Lender is authorized to adJus�collect and compro-
<br /> mise,all clafma thereunder and shall have the optkn of applyiny all or paR of the Insurence proceeds(i)to eny Indebtedness secured
<br /> heroby end In such order as Lender may determine,(fi)to the Trustor to be used for the repair or restoraUon of the Property a(IU)for
<br /> eny other purpose aobJect satlstactory to Lend�r without aNecNng the Iien of thi�Deed of Trust tor the full amount secured hereby
<br /> before s�x;h payment ever took plece.Any appllcatia�s oi proceeds to Ir�debtedness shall not extend or postpone the due date of any
<br /> paymenta under the Note,or cure any defautt thereuncfet or nereunci�er.
<br /> 5.E�crow.Upon wdtten demand by Lender,Trustee shaD pay to Lender.In such manner as Lender may designate.sufficlent
<br /> sums to eneble Lender to pay as they bacane due one or more ot the tolbwing:(t)all taxes. assessments and other charges against
<br />- the Property,(li)the premiums on the property insu�ance requfred hereunder,(I(i)the premlums on any moRgage i�surance required by
<br />- Lender.
<br /> - 6. Malnt�nana, R�paln�nd Complunc�with Laws.T�uator shatl keep the Property In gaod canditlon and repafr, shali
<br />__ prompUy repair,or replace any improvement which may be damaged or destroyad;shall rbt commit or pertntt any waste or deteriora-
<br /> = tion of the Property;ahal�rat remove,demolish or substenUaily alter any of the Improvements on the Property;shall not canmk.suffer
<br />" or permit any ect to bs done in or upon the Propeity tn violetbn ot any law,ordinance,or regulaUon;and ahail pay and promptiy dis•
<br /> - charge at Trustors cost end expense ell Ile�s,encurnbrances and chargos levted,imposed or accessed apatnst the Property or any
<br /> = part ttl8teof.
<br /> - 7.Emlrnnt[�omain.Lender is hereby es�ip�►ed all compensetion,awards,damages and other payments or relief(hereinafter
<br />-� 1�0]N71MryMrY OMq IM NM .
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