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<br />�� � Corrective
<br />- �� DEED OF TRU5T WITH FU�'URE ADVANCES
<br /> ;�- , ��
<br /> .. �� .,:a
<br />_,,:; >,::, ,� 29 July ,i s 97,by ortd emang�OSt'i
<br />_ �_,�,�:.��.; THIS DEED OF TRU5T,Is mede aa of the dey of
<br /> Y'�Y�.;�� Theodore J. Robb� n� single pereon
<br /> �..;t•�s„ the Trustor,
<br /> _-,:t•
<br />�'M'A•'�`;i. ♦
<br /> .�L��.,
<br />:�;r';;::.,,� 37,I+Q S. HWy 2�1� Grand Isl�nd, IJ�'+ �$�erein•Trustor,"whether one or moref,
<br /> —�,�;�,�., whoae meilinp addtesa is
<br /> a�ti..... .
<br /> ;�;;'•.�"^"'Y theTrustee, �� of Doniphan -
<br /> -''i"�''"�`� whose mailing eddrea�inP'�' BOX 2�� Aoniphan, NE 6B�3z (herein"Trurtee'),and
<br />�:;;,, . ,_�
<br /> y�-`�"=�,= B�nk of Doni h4n '
<br />__, ��.,� the Beneficiary,
<br />�`�ti`--z PeO. BOX 2'�0� Doniphan� NE 6�832 tnera�n"Lender"1.
<br /> whose meiling address ts�
<br /> -�.�=:�� Theodore J. Robb�
<br /> ___ryr��� FOR VALUABLE CQNSIDERATION,inc�uding Lender'a extension of eredit identified herein to
<br />�;:��� a single reon
<br /> -_- — (hereln 'Borrower",whether one or mare)end the truat herein croated,the
<br /> receipt ot which is nereby�cicnowEedQo�i.T�ueta�hsrshy itt�voc�ly gtenis,iran*twr�e:conveya end easl8ns to Truatee.IN TRUST.WITH
<br /> _:�.�� POWER OF SAL�,tor the be�efit and security ot Lender,under and subjea to the terms and wnditbns hereinsfter aet form,tne raai
<br /> �,;_�� p�o�e�cv,described es follows: Lot Seventeen (17), Pion�er Acre s Subdivi sion,
<br /> — .t.,� H�11 County, Nebr�ska.
<br /> -- _-u--,,,� PRUYItkiY AUDASSS. I16 C�u��bell Avenuc, Lor.3ptt3a, IdE 6�332
<br /> Topether with s11 buildi�g�,improvements,fixtures,atreets.alieye, pessagewaye,easementa,rights,privileees and sppurtemnc�t
<br /> loc�tsd therec��or in Anywise pertetning thereto,ond the rents,issues end profita,reversions and remeindere thereof,end such personY
<br /> propsrty that ia�ttechnd to the Improvements ao es to conatitute a fixture,Including,but not Itmited to,he�tfng and cooliny equipment;
<br /> and topether with ths homestead or maritel tnterests, if eny, which Intereats are hereby releaRed �nd waivsd; aH of which, includinp
<br /> -- repiacement��nd�dditions thereto,is heroby dectered to be a pare af the reei eatete secu�nd 6y the Ilen of th(s Deed of Trost�nd dl af
<br /> � — tho torepofnp b�tnp referted to herein as the'Property".
<br /> ' This Dsed ot Trust shNl secure le)ths paYment of the principal aum end interest evidenced �y e promlasory note or credk
<br /> -- July 29 t 1997 ,having a maturtty dste of A�uSt ZD� 2002 ,
<br /> eyreement dited
<br /> i�the oripinN principsi amount of � E�Q��L3.00 ,and anY and eil modifications,extenstona and renewab
<br /> thxeoi or thereto and any and all future edvencea end reedvancea to Bonower(or eny of them if moro than onel hereund�r punuant to
<br /> one or more promwsory notes or credit egreements(herein called'Note'l:lb)the payment of other sums edvanced by Lender to protect
<br /> ied�btedntest and obiipatbns ot Borrowernlor eny'Iof them it mo e�en one) to Le de�wh thertdt ect i t dtr ctaebsolute or co tingent
<br /> -- _--= and whether aristnp by�ote,puararM,overdratt or othervvise.The tJate,thie Deed of Trust snd any and all other documents thst aecure
<br /> -- — th�Note qr otherwise executed in connection therowith,includia�whhout lim(tatfon puarnnteea,aecurity egreemente a�d aselynmena
<br /> � of leasea ar►d reote,shall be referred to herein as the'Loan Inssruments'.
<br /> _— Truator covenonts end egrees with Lender as followa:
<br /> --=�� t,paynw+t ot Ind�btMlnas.All indebtedness oocured hereby sh�ll be pa:d whon due.
<br /> -:�:�"�'� 2.TiW.Truator is the ownEr of the Property,hao the flght and authority to convey the Roperty,and wanants that the flen created
<br /> —�;�,�'?,'w�, hereDy is s t�rst and prlor lien on the P►operty.except for liens�nd encumbrances set forth by Trustor in writing and dolivered to Lender
<br /> _����;� betoro exscution of thls Daed of Trust,and tha execution and delivery of thia Deed of trust doa+not violate any contract or othor
<br /> - �;;;F.�`_, obiigation to wtiich T►uator ia aubJect.
<br /> <:.;�;-� 3.Taxes,Assasm+nt�.To pay before delinquency all taxes,speclal essessmente and ail other charges egainst the Propetry now or
<br /> - -���=^�.?+� heteaiter levied.
<br /> - � 4.Inwma.To keep the Property Insured ageinst dumega by fire,hazards, ineluded within the term "extended coverepe", and
<br /> such othor hazards sa Lender may requlre,in amounts end with companias accepteble to Lender, naming Lender es an edditionel named
<br /> -_ S inaured,with losa psyabie to the Lender.In case of loss under auch policies,the Lender fe authorized to edjuat,collect and compromise.
<br /> :- ...
<br /> " �,�_,__.w.._.....�...,,.�.n�i ha,..the nntlon ot ennivina all ot part of the ineurance proceeds (�)to any indebtedness secured heroby
<br /> .�,,._;K���..:-- o................�...-- -
<br /> "•:;il�Yl�' and in euch order as Lender may detertnine,(iU to the Trustor to be used for the repair or resto�ation ot tne Moperty vr i��n Cvi o�:i�:��
<br /> �,..:�..,-�,.. ;. _.
<br /> ",,; , purpose or object satisfectory ta Lender without affecttng the lien ot this Deed nf Trust for the tu11 amount secured hereby betore such
<br /> p�yment ever took pisce.Any epplicetfon of proceeds to indebtednes�shell not extend or postpone the due date of a�y paymenta under _
<br /> • the Note,or cure any defauit thereunder or hereunder.
<br /> 6.Escrow.Upon written demend hy Lender,Trustor ohell pay to Lendar,In such manner es Lende�may designate,sufficient sums
<br /> to enable Lender to pay aa they become due one or more o/the foilowing: (U all taxe�, assessment�and other chnrges ageinst Me
<br /> � Property,lip the premiums on tho property insuronce requfrod horeunder,end(ifi)the premiums o�eny mortgape insurance requlred by
<br /> Lender.
<br /> B. M�Int�n�nc�.N�p�in�nd CompN�c�with I.�ws.Trustor shell keep the Property in good condition and repair;shall promptly
<br /> repalr,or replsce any improvement which may bo demnged or dostroyed:sholl not commit or permft any wasto or daterioration of the
<br /> � Roperty:ehali not ramove,demoiish or substantially alter ony of the irtiprovements on the Roperty:shnll not eemmit, suftcr or pe�mft
<br /> ony aCt to be done in or upon the Property in vialation of a�y law.ordinance,or repulation: ond ahall poy and promptly discharQe et
<br /> - Trustor's cost end expense ell Iieny,encunzhrances end charpe�levlad,imposed nr ossessed agnf�st tho Property nr eny part thercof.
<br /> HOC34S7A R:onayrcWlurel DeeOl Pr+GK35
<br /> � 7ge8 N�:iona�BaiL ol Cm+m�7rn Tiust�nE Savup7 Atsouahon,lmco:n.NeDns1�
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