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<br />=,,ti',`�, DEED OF TR'UST
<br /> =�°�,"'�';� This DEED OF TRUST is macic as of the�t day of Aug�t�_199 7 by and umong thc TausEor. �
<br /> .'� 1'l�oodo�c O Ed�n and Sc►niA D Eden .whase mailittg address for YxtrPas�:s 4f this
<br />.`��;,.�r.•+!: Deed of Tnist is 229 Lakeside Dr�ivg Cirand Island.Netxaslc$ 68801 (henein,"Tnistor",whcxhhcr one or � `
<br />°.:'�`�`:r ; more).the Tn�stoe,AREND R.BAACK,Attomry at Law.a mcmber of the Y�lebraska State Bar Associatia�,whoae �cy
<br /> '`K���� �` mailing address is P. m.Box 790.Grand Island,NE b8802-0740(herein"Tcustcc"),and th��ensficiary, HOME
<br />°. ':'�•'. FEDERAL SAVINGS MfD LAAN ASSOCIATTON OF GRAND ESLAND,whase mailimg address is P.O. Box
<br />'.-�.,..s:!!k,
<br />._r :_� .
<br /> 1009,Grand Island.NE 68802-1009(hcrcin"Lencfcr").
<br />°,-.�..�:_�-,�i;
<br /> '� ''•°�` FOR VALUABI.E CONSmERATION, induding Lende�'s extension of cred6t itientified hercin W
<br /> -•��.:
<br /> _:::;;r' 'Il�eocbn O F.dcn and Soniu D Eden (henin"Borrower",whcthta onc or more),and the tn�st hcrein
<br /> �M"�.� created,the reoeipt of ahich is hen6y aclQwwledgod, Tnutor hereby irnevoabla gzaats, uansfera,comrys and
<br /> __Fa�� ats[gns W Trustee,IN 7RUST.WPTH POWER OF SALE.for the benefit and sxurity of t6e I,ender.under and
<br /> ----_----- subjed w the terms and oonditions he�einatter set forth,legaUy desctIbed as falbws:
<br />_ _. _�,�� Lot Two[21 Schuele Second(2ndl Subdivision,Hall c:ourttv.tvebr�sica
<br /> - -�.4Y:fJ�
<br />�_-.__��i�
<br /> -_--- — W�ether with all buildings,improticmcnta,fixdues,st�ts,alleys.possa8ewsys. e�ma�s,rt4ghts,Pavil�ges and
<br /> ------- Pp�a�rtenanors loatod thereon or in annywise ixrtainin8 thenw>and the renb,issves anc'!�raUits,reverstons aad
<br /> _,---�r�.� remaindera tLec�o�and such personal property tbat i�auachad w the impm►�ements so as w ooastiwie a fixhan,
<br />',a�� including,ixu not limitod to,[�ting and 000lin8 equiPment and W�ther with ti�e homatpid or marltal interesta,
<br /> — if azry>which int�rests are Ue�+eby relcased and waivod,all of whict�including�plaoements and addidons then�o,
<br /> is heaby doclared w be a pert of the real astate secvrod by the litn a#'thls Dooa of Tnut end all of tLe foregoing
<br /> — being referred to herein as tLe"Property".
<br /> �'. - This Deed c�'7tust shAll secure(a)the psyment of tl�e pcincipal szam and interest evldenood by a Ikod of
<br /> - — • Tcast Note dated Austust 29 . 1997,having a mawrity date of S�tember 1 . 201.7 in tLe original pdncipal
<br /> - atnouM of�tlw..esr�and 00/100 F�113ets(S 50.00�.00 �,
<br /> �'��`' and aay and aU modi8ations.extcnsions and renc�wals thcreof or thereto and auy and u97 futuie advanoes aad
<br /> - _ � n-advanas w Hoaovver(or a�of tbem if more tt�n one)heraunckr pnr.,u.ine to oae or morc promissory mtes a
<br /> _= ctatlt agreements(henin callod"Note");(b)the payment of other sums advanood by Lender W prota.�t tLe socudty
<br /> -- of the Nate;(c)the peifomaance of all oa�vennnts and agraments of Tcusior set forth henin;and(�all p�.sent and
<br /> _„_r,,,� future id�cbtodness and oblIgations of Bocrower (or a�ry of them if more than one) w Lender whether direcf,
<br /> �--°- in�ic�ocx,Ab�olute or oondngent and w6ether airistng by notG,guaranty,overdraft or otherwisa The Not�this Deod
<br /> ,^,��' of Tnut and atry and all aher docunxnts tt�at secure the Note or othervvise executed in oonnecHoa therewith,
<br /> _ including without limit�don Svaranu�es,sxurity agraements amd assig�mcm�of ieases and rents.shall bc referred
<br />--;��;� w hercin as the"Loan Inst:uments".
<br /> . , ,,� .
<br /> �:��,�{' ;:
<br /> ,:�;�'� �`•k. � TRUSTOIt COVENAKb�AI�ID ACiREES WTfH LEND�R AS FOILOWS:
<br /> ._=`k',�'':. °^.
<br />;,::n.:':��`.�,- 1. Payrn�nl d'Inde6tedness. A➢1�,n�iehttdness socured hereby 56a1i be paid WtMri due. _
<br /> .;�_. . . .. ;
<br />••"�!„_;•�.'�-•i;��'
<br /> "�`";���'��' 2. Titic. Tru�or ts the owner of the -
<br /> :-:;,;r:.;.,.., ;. ' PropertY, has the right and authority to oonvey the Propetty and
<br /> - -s •��•:��. w�areanu that thc lien crcated hcrehy is a first and prior lien on the Prnperty and the c�avtion and delivery of ttie
<br />•"=�"= `� ������ Daed of Trust does�t�iolate mry contracx or ottier obligation w which Tnistor is sub,ject. -
<br /> ; � `�;- 3. Tax�,_AS�sSments. 'fo pay beiorc ckunquent ait taxes.speciai asscss[nenis und aii aner cnurges -
<br /> 'i-�,'�.`.; against tt�e Propeny now ar hereaRer levied =
<br /> .>�'
<br /> . .. -
<br /> ., � - ' 4. In�n . To kcep thc P[operty insurod against damagc by 8re hazards includod with the term
<br /> . , `c!ttendcd covcragc" and such other t�ards su I.ender mny roquire in amounts and�vith eompanies acoepwble to
<br /> Lender.n�nning Lend�eras an additional named insurad wiih loss payaWe to the L.ender. In case of loss under such
<br /> policies,the Lender is authorized to adjust.oollect and wmpromisc all ctaunsthercunder nnd shall have the option .
<br /> � •• otapplying all or part of tl�c iawranoe praocvds(i)to any indebtedness socurod hcreby and in su�,h order as Lender
<br /> mav determine, (ii)to the Tcustor to bc uscd for thc repaii•or restoraaon of thc Property ,or(iii)for any otUcr
<br /> � �
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