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<br /> � DEED OF TRUST WiTH FUTURE ADVANCES �
<br /> v
<br /> THIS DEED OFTRUST,is made ea ottha 12TN day ot SEPTEMBER .19 97 ,by and amonp
<br /> theTrustor, WILLIAM G. PLUMMER AND MADELINE M. PLUMMER�, HUSBAND AND WIFE �
<br /> whcse mailin9���1fL5 E �TH GRAND ,jSLeNn NF 5A801-2923 (herein•Trustor^,whetherone or more),
<br /> �
<br /> theTn,stee�IVE POINjS BANKF.l�KEBRAcke rnQnnQerTnN
<br /> whose maiungaddress Is PO BOX 1507 GRAND ISLAND N� 68802-1507 (hereinTrustee•),and
<br /> t�e Beneflclery, FIVE POINTS BANK
<br /> whosemalitngeddressia �niF N RR(IAnWFI I evF , �gp�j�,�.pNn uE F�an� ,(herein•I�ender).
<br /> FOR VALUABIE CONSIDERATION,indudinp Lender's extenaion of credft(dentiRRed heroin to
<br /> WIIIIAM G. PLUMMER AND MADELINE M. PLUMMER
<br /> (heroln"Barower,'whethsr one a more)and the tru�t heroln croahd.the recslpt
<br /> of wh�h I:hersby icknowlsdpsd,Trustor henby irrovocabty pronts,tramfsn, conveya and�sslpm to Tnrste�,IN TRUST, WITH
<br /> Qnw�p n�cpi F,kx�hw tw►nwfit�n�f swnuity ot Lendsr,under and aub�ect to the term�end conditions heninsfter set fnrth.ths roal
<br /> P��rtU descrlbsd n foNOws:
<br /> THAT REA L PROPERTY SET FORTH ON "EXHIBIT A" ATTACHEO HERETO AND
<br /> t4ADE A P/lBT HERETO BY REFERENCE
<br /> Topether with eN buildinp�,Improvemente,flxturee,etroete,alleya,paa�peway�.easemente,riphts,pdvilepes�nd�ppurtenances
<br /> bcated therean or In enywiae peASining thereto,and ths ronb,lesuea end prolits,reversiona and remalnders theroof,a�d wch per-
<br /> sonal property that b auached to the improvemente eo an to consdlute e fixture,tndudir�,but not ltmked to,heatiny end 000�r�equip�
<br /> menh end togetherwtth the homestead or maHtal Interests,if eny,which i�teroata ere hereby nleasad end waivecl;ell dwhich,indud-
<br /> Ing repiacements end addlUons thereto,is hereby dedered W be a part of the reel eatate secured by the Ilen oi this Dexl of Trust and
<br /> aN of the forepolny beir�y referred to herein es the'Propertyr'.
<br /> Thb Deed of Trust sheli secure(a)tha payment of the pdnc(pal aum end Interest evldenced by e promlasory note or credit apreo-
<br /> ment dat9d CF PTFMR�R 19� 14Q7 ,heving a maturfly date ot SFPTFMRFR t S, 90n7 .
<br /> tn the orlginal prindpal amount oi s ],,,666.00 ,end any end all modiitcetlons, extenelone and rer�ewals
<br /> tl�ereoi or thereto anci any and all future advances and readvances ta Borrower(a eny of them lf mab than w�e)hereunder purauant
<br /> to one or irw�e promissory notes or credlt egreements(herein calied'Note'); (b)the payment ot other sums sdvarxxd by Lender to
<br /> protect the secuNty of the Note;(c)the performance of ell covenenb end agraemenls ot Trustor set forth hereln;and(d)all proseM and
<br /> futuro indebtedneas and obifgatbns ot Bomower(or any of them it more than one)ro Ler�der whather direct,Indlrect,ebaolute or contin-
<br /> gent and whether�tsing by note,guarenty,overdreR or otherwise.The Note,this Deed of Tnnt end eny end all othar docvments that
<br /> secure the Note a otherwiae executed in connection therewith,includinp without Ilmitation guarentees, security agreementa and
<br /> esstpnmanta of leaaes and rents,shall be referred to here�n as the'Laan Inshuments'.
<br /> Truator covenents and egreea with Lender as foltows:
<br /> 1. Pa�nt of IndeM�dtwss.All indebtednesa aecured hereby shall be paM when due.
<br /> 2. TIW.Truabr�a the owner of the Properlyr,has the right and authqrity to convey the PropeNy,end wartanta tfiat the Ilen creat-
<br /> ed hereby fa e 1i�tand prior Ilen on the Properly,except for ilens and encumbrencea aet forth by Trustor In writing and delhrered to
<br /> Lender before exec�tion of this Deed of Trust,and the executlon and delivery o}lhis Deed of Tn�st does not vlolate eny contract ar
<br /> other obligatlon to whlch Tnistor is aubJect.
<br /> 3.T�xa,Atussmenb.To pay before delinquency all taxes, special essessmente end all other charges egainst fhe PropeRy
<br /> now or horeafter levled.
<br /> 4.Insunnc�.To keep the Property insured agalnst damage by flrci,hazarcls included within the term"extended coverege',and
<br /> such other hezarda es Lender may require, fn amounta and with companies acceptabte to Lender, naming Lender es an edditlonal
<br /> named Insured, wNh loss payable to the Lender. in case of loss under such polk�ea,the Lender is authorized ta adJust,callect end
<br /> compromtse,aIi claYns thereundor and shail have the option of applying ell or pad ot the insurence proceeds(i)to any indebtedness••
<br /> secured hereby and In such order es Lender mey detertnine,(II)to the Trustor to be used for the repair or reatoredm ot the PropeRy or *
<br /> (III)for any other purpose or obJect saUstactory to Lender without affectinp the Iten ot thfs Deed of T�ust for the full emount secured���,
<br /> hereby before auch payment ever took ptace.Any applicatbns ai proceeda to indebtedness ahall not extend or postpone the due date�`�'
<br /> �r e,.�nsunnnn� _wfor etw Nnto nr r.uro anv dafa�ilt thwrwundar nr hwraunda�
<br /> V�6. Escrow. Upan written demand by Lender,Truator shell pay to Lender, la such manner as Lender may dealgnate,sutficient'•��
<br /> suma to enable Lender to pay as they beoome due one or more of the following:(I) ell texes,assessments and other charges against
<br /> the Property,(II)the premlums on the property tnsurence roquired hereunder,and (ili)the premlurns on any mortgage tnsurance
<br /> requfted by Lender.
<br /> 6. Maint�nance,Repalrs and Complianco wtth Lawi. Trustor shall koep the Property In good conditlon and ropafr,shatl
<br /> promptiy repelr, ar replace any Improvement which may be damaged or destroyed;shali not commit or permlt r�ny waste or deteriora-
<br /> Uon of the PropeKy;shall not remove,demolish or substantialty alter any ot the Improvements on the Property;shall not commit,suffer
<br /> or permlt eny act to be done In or upon the Property In violatlon ot any law,ordinance,or regulation;and ahali pay and prompUy dis-
<br /> charge at Trustor's cost and expAnse a�l Ilens,encumbrances and charges Ievied, imposed or accessed ageinst the Proporty or eny
<br />_ part thereof.
<br />- 7. Emtn�nt Dcm�ln.Lender Is hereby assigned ail compensatlon, awarda,demeges and other payments or reuef(heroinaftor
<br />'= Noc s�s�l�*m o..�n..iwa
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