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<br /> ' DEED OF TRUST WITH FUTURE ADVANCES
<br /> �t;r_..r.
<br /> ��i� da a A u a u s� _,19 97.by ana�non0
<br /> _= t TFIIS OEED OF TRUST.is made aa of ths ?�� Y
<br />_=,so�i,
<br />=T'��'�� msTrus�or, Leonard M. Boau�ldw and Ruby M. Bo9ustaw. husband a�nd wife �o,�
<br />_�;;�,� -
<br /> � wlwsemaillnpaddressb A97 F (Ikl�hom�, Grand Ial,�nd, NE 68fl�1-(herei�`Trustor',whe►heronaatnae)� \
<br /> nai��
<br />�_�-�� �T�,�, F�ive P�ints Bank. a Nebraska Corporation
<br /> �+i�� whose m�iw►g addross is P_0. eox 150L r�,.,,� re�-�� b E 68802- 507 _(hs►eM'Tna�es7��nd
<br /> �a..�
<br /> �=�;���
<br /> _��� the Beneflc�ery�—
<br /> �`�`� ,�twsematur�adarossta 2015 N. B adw 11 A e. Grand Island NE 68803 (heretn'�enaer).
<br /> _�- FOR WILUABLE CONSIDERATION.inc*iding Lenders extenabn of crodit ider►tl11ed heroin to � °^n�.rd M
<br />--_-_ - (herot�'Bortower�whether one a moro)and the Wat heroin croabd.the ►ecsipt
<br /> '� oi whk;h is hereby edcrwMAed9ed� Ttustor herobY Irtevocably grertta,transtero,conveys and essi9na to Trustee, IN TRlJ3T.WITH
<br /> e�t'iW�R aF of.i.�.t-va ils��rsa6!�nd�ss+�;Qf L�,under end subl�W the terms and conditions hersinafter set foM�the resl
<br /> property described as tollo�we:
<br /> �;� Lot Five (5), in Block Four (4�, in Pleasant View Additton to the City of
<br /> Grand Island, Hall County. Nebraska.
<br /> Together wfth eN buildings.Improvernents�fixtures�sUeeb�albya,PassaOe�►eYS,�asemenb�rlBhts,PdvNegea a�d appu�tenx�es
<br /> Iac�+ted tt��on or�n anywise Pertaink�9 tl�er�eto�and the ronb�iaaues end pmtits�roverelona and rematnders tl►ereot�and wch Per-
<br /> -� sonal property thut is attacl�ed to the Improveme�ta so es to consfdute a fixture.Rx:i�ihiy,f�ul�wt iH�{ted to�hsours9�ssd ax�eg eR"t� .-
<br /> menh and together with the homestead or marital interests�if any�whk;h interests ere hereby rebesed and waived�a{I ot wNd�.kidud�
<br /> �eg roplacernents and addidons thereto.is hereby dedared to be a pad of the real estate secured by the iien oi tl�is Deed dTruat and
<br /> aW oi tho foregdr�g bein9 retemed to herein aa tha'ProPeRY"• rwts a uedit eQree.
<br /> This Deed M Trust shaN secure(a)the pay�r�ant M Ihe P���heving e maturity daM��•,+er.r,.,.�h_..�-r 1. 9M9 .
<br /> mentd��ed
<br /> in the original prindpal ernount of S 5,845 50 .and any end a11 modtflcaUons.exter►siom 0nd renewels
<br /> - thereoi or thereto end eny end aH future advances and readvances W Borrower(a'any of them tf more than one)hereunder ptxsuarN
<br /> to one or more Prom(asory notes or credit egreertients(herein called'Note):@)the PeY�nt of other sums edvanced b1'Lender to
<br /> protect the secudh►oi the Note;(c)the peAom�ance of all cavenants end egreements oi Trustor set fo�th heretn;and(d)e11 preaent end
<br /> tuluro(ndebiedness and obHgatbns ot Bonowar(or eny of them H more than one)to Lender whether dfred indirect,abaolute or contln-
<br /> gent e�d whether eristng by note,guaranty,overdraft or otherwise.T►►e Note,this Deed of T►ust and any end ail otl�er dorecum�e���t
<br /> eecure the Note or otherwise executed tn connectlon therewith, including w(thout Ifmitetion guarantees,security a9
<br /> assignmenta of leases and rents,sheil be refemed to herein as the'LOan Instruments'•
<br /> Trustor covenanb and agrees with Lender as follows:
<br /> 1. Paym�nt of IndsM�dn�ss.AN tndebtedness secured hereby shail be paid when due.
<br /> 2. Tftl�.Trustor Is the owner oi the Property,has the Kght and autho�ity to corney the Property,and warrents that the 1'�fn creat-
<br /> ed hereby in a ftrst and prbr Iien on the Property,exoept for Iiens and encumbrances set forth by Trusta in writtng end delivered to
<br /> - Lendar before executlon ot thts Deed of Trust,and the executlon and delivery ot this Deed oi Trust does not violate eny conVect or
<br /> -�� other oblipatbn to which Trustor Is subJect.
<br />- - - 3.Tax�s,Ass�ssm�r►b•To pay before delinqusncy aU taxes,special assessments end all other charges against the Property
<br /> �=�� now or hereafter lavied.
<br /> "�`''�`� 4.Irt,�ur�nc�.To keep the Properly insured egainst damega by fire,hazards included wlthin the term"extended coverage',and
<br /> _����� such other hazards es Lendor may require,in ertwunts and with comRaNes ecceptable to Lender,naming Lender as an addiUonai
<br /> named insured.with lo3s paYable to the Lender.In Case of loss under suCh polides,the Lender Is authorized to adJust�oo��t and
<br /> L:.M�
<br />��.-�-,-��,� oompromise,all claims thereunder and shall have Ne optlon of apprying ali or part oi ine insu�aiwe N�:.:A���i i •��"�--••---
<br /> `�~-. �• secured hereby and in such order as Lender may determine,(iq tn the Trustor to be used for the repatr or restoratlon of the Property or
<br />-°' -='�' ��-� - (fii)for any other purpose or obJect setisfactory to Lender without aifecting the Ilen of this Deed of Trust for the fuil amount secured
<br /> -=•—_��s� hereby before such payment ever toQk ptaee.Any applicaUons of proceeds to Indebtedness shatl not extend or postpono the due date
<br />
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