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<br />'�-�`�� DEED OF TRUST BENEF[C1AKY �Q�Zy
<br />=��;"',:•" AVCO FINANCIAI.SERVICES
<br />, S�J ` �
<br /> �,�,;�, ,,,�,�,��� INTERNATiONAI.,INC. _
<br /> : _��' aRpNt�OR(S): 39�1909898 P.O. B�x 536
<br /> i`"r•.j� • un��1p iNtST NIIN. USfNAMi iN13T IN71K (Ad�sfU
<br /> �+��'� i(IICERA, LARRX L. KUCF,RA► 9ARaARA J. 1233 N WEBB RU., STE 120
<br />�- •a�� ' WYLINOADD11Eit CTI RA7F MG00[
<br /> � "` 122 F��t 6th St., Grana Island, NE 68801 Grand Island .Nebreske
<br />_:��Y.:�;.
<br />:rr;���;,,,;�,. L & Barbar� J Kuce 3
<br /> �::�+� THTS DEED OFTRU31:Mtde t�s 25th clay of September ,1997 �between arr�r L. n�8 W� e
<br />=-�;.a,�:
<br />`L:.°'{�- hereinnfter c�lled TRUSTOR,wlase�ddrcss is ],2� F,�,*ti�p� � ('rant3 Ta1�»rl and
<br /> ' -�34��:
<br /> .heninafter cnlled TRUSTEE,whose addnss is 1212� E�?cific St., 0[[k1ha� NE
<br />;:i;�;; �d py ��p�iTB ATIONAL,INC..a Nebraska coryoration,herelnafter c�lled HP.NSFICIARY.whoae address la
<br /> ''=-ri.�'�t� ' � t;�.t�2�� Grand Island NE •
<br />.�v.-��� WITNESSE!!�'tf�it'�iistor �CONVBYS,SHLLS AND WARRANTS'PO TRUSTEE,]N TRUS'f,WTTH POWER OF SALE.the follawing
<br /> �:::�� descrlbed properiy,sltuited in Hall County,Nehrn�ka:
<br /> _ - Lot 8 Block 6 Original. Town, now City of Grancl Island, Hall ��unty, Nebraska
<br /> tosether with�tl buUdiujs�nd improvementa now or hereafter erecud thereon and all screens,awntn�.sh�des,storm s�sA and bliad�,tnd heatln6,
<br /> li�hda�.plumbin�,=ts,electtic.ventlt�dng.refrlgenUo:wd�ir-candtdonin�equipment uaed ia coanecHon thereu ith,a11 of w6lch,for�Ae pa�pose o[
<br /> aa�a,°�a ii tneu.�lues�y�p a�s�Niytt w un i Mater cofiirai d;hur 1lbecties nd pHvilesea.wh,so�av�er�thesenn�to beioa�e�or in
<br /> �tnywi�e�ppertahln�ied the raventon�aad remUnden,all ot wdich t�refeaed to 6erefn�fter as the"premtaes".
<br /> '1'O HAVB AND TO HOLD t6e�ve-described pnmias,with tha appurteaances�nd tiutuces,nato the snid Benehciaty,ita�uccessoa utd asaisn�,
<br /> forever.ta the purpous and nsa6arefn set iorth.f�u from all rl{hu aad benefiu under and by virtue of any Homestead Esempdon Lawi of the Su�e
<br /> - ot NeDcaslu whteh miy be en�eteE,�vhicb tvd rishte�nd beneflts the sdd Trustoc does 6ereDy expressly releue and waive�.
<br /> FOR'I7�PURPOSB OF SECURiK(3:(1)Perfotm�ece of each�greetaent of Tku�toc contalaed herein;(2)Paymeet of the pdnolpal tum wtth interest,
<br /> as provtded in accordtnce with Ihe terme and provl�iont of a P[omi�tory NoteJLoanA�eement(heninaRa reiurM to�s"psomis�ory oote")dated
<br /> �,�,^�,^�r 25. 1997 .6erewlth execnted Dy'iYn�tor�ad p�yable to the order M Aeaeftciuy,in thc Prisctptl sum o!
<br /> s �n�ee_zp _ _ .and havin�the date oi its tinW psyment due on�a_s1_12 .o�.,�x«oa�a.
<br /> deferted arescheduled by renewtl orreflnance;t3)Paymeatot�ny�ddt8ontl�dvances,wlW Intaat thereon�s mny herattaDe loaned by IIeneficl�ry
<br /> to'[t u s tor t n a m a�l m a m s n m o i f�,�A M+ - wlthin 13 ye�rs from the date o!thtt Deed of Tru�t: �
<br /> ho�ever.thta p�ra�ph das not caastiinte�commitment by Beueflciuy to m�ke tutua advances;(4)The p�yment of any moner tbit m�y be
<br /> �dvoaced by the Henettciary to'hescor fa any reuon or to thlyd putia,wit1�ietereot thereon,where chc ymonnts�re advanced to pcouet the�ecudty
<br /> � •!n�ccordaoce�vith�he co�e,n�ati of tlds Deed ot Ttust;(S)Any nnewal,niinu►cln=or exteneton of taid promissory twte.a my otha�Sceement to piy
<br /> - "whtch may be substltuted thereta.
<br /> �•�A��ddiUonal�ecudty,Tcnstor hereby slvet to and confera upon Henetict�ry the N�ht,power.and wthorfty,dmla=the contlnutnce of itLe�e Truttt,to
<br /> -�'collect the reau.istue�,aad prolNs otsdd Dcope�ty,raservlaa unto'lYuita the ri�h�prior to iny detault Ay'Itusta in paytnent of any iadebtednes:
<br /> � "".�ectired hereDy orin perfosm�nce of�nya�eeroeat hemunder.to coUect and reuin�ncb rena,issua,and pmfiu u they become due and p�yabla Upon
<br /> °�- �'iny such defautb Beaeflci�ry mq te tny tlme,elther in peraon,by�;ant,or by a rceeiver to be appolnted Ay a coun,and witbout rejud to the�uxY
<br /> --- �•.bt�ny aecnHty for the iadebtedeus hereDy securod,enter upon�nd Wte potsesston of��td property or�ay put Utereot,in his own aw►e tue oror
<br /> =y.� otherwise collect sucA reau,istues.end proflts,inetudtn those put due�nd un dd,aad tpply We same,less costa�ad eapenset ot opendon ud
<br /> ___��'�;� collecdon,iacludint reasaaibie�u�neyi'few.cosq.�n�eayentw,ttpermittedBy 1�M.upon�ny indebteAne�s aecured hereby.�nd io wch order u
<br /> Sencticiary m�y detmufne.Tlie cn[edna npon�n d t N d n�posseu ion o f s�i dprope r ty,t h e c oilection ot auch nnts,fssne�,md p r oIIts�nd the�pplk�-
<br /> -_-- don thereo[as doresdd.sh�l aot cure or wuve my dof�ult or notico of Cefaul t h ereunder a invalidate sny act doee purcuant to tved notice.
<br /> -- - �-- - .n.,.......�,......n.��r�un�n.et�e obli�ulon iecund bv ILf�Deed of Tcuat ah�ll be�ppllad ln the(oilowina order.
<br /> ----- ..«�'��—�"- ----� � -
<br /> - 1'1RST:'ib the piyment of eues and��sessmenu th�t may be Ievied and�ssessed qdnst ttla premiae�,tnsnraace pnminms.repain,and■ii vo�c:
<br />- -� � char=a and eapen�es s�ceed to be paid Ey the Truuor.
<br /> —,����� SECOND:To the paymeat otlnucest due on a�ld lom.
<br />:.T:s,�( � THlRD:'ibthepiymentofqloelpil.
<br /> ,;�n? `-...
<br /> --'«_•;t,�r . 'Ib YRUT6Ci'THB SECURITYHEREOF TRUSTOR(S)COVBNANTS AND AORBBS:(1)To keep s�id premiscs iosured aa�iwt loss by flre end olher
<br /> ;,;c; D�rardt,c�sudty and conUo��nclas np to tLe Nll value of all fmprovemeeu tor Ne protecUon of BeneQcluy fn�uch m�noer,tu auch tmounts.and ia
<br /> :=,;�`-v~��.. ` euc6 companies x�Beneficlury may trom Ume to time�ppmve,�nA thu los�praceedi pee:ezpen�e ot collecdon)eh�ll,at Heneticf�ry'o oQtlon,be
<br /> :.���• -�., � �pplkd on��tA inde�tednae,aEetherdue a nota to Ihe ratoradon ot pld Impmvemenu.In event of Ios�T�ustor wtll�ive immedtate nodce by mtfl
<br /> `�'_�'�� to the Benetict who m� m�te rooi of losf it not m�de rom tl by Ttustor,and e�ch lntnnnce com m concemed le hereb �uthoticed�nd
<br />,::^�.��,.r��W; aty.
<br /> ns, � directed to mate payment ta sueA los�direedy to the Beneiletpary inete d ot to the Trustoe(2)7b psy�II taxes�nd speetal�ssoument�of any Idnd�Aze
<br />_�='„•, , `�`,; have beea or may be levied or uka�sed upon�dd pnmt�et,wd to deliver w Beaeltclvy.upon requeu��f�he Brncricfary,Ute Of[iClai tECe[pt ihOwlbi
<br /> ,�;���� ; payment of all wch tues�ed asussmenu.(3)In the evcnt o[defaultby ltustor underY�ra�npht 1 or 2:�►��+vc,ricneitctuy,atlu optloo,m�y(��pl�b�
<br /> : �» ,�. •�. anE keep euch insunnce above provlded torin face thmu�Lont the ilte of thtt Deed otTrustmd pay the reasomble premiums�nd chu�es there or,
<br />�- ,xw�:: a. .
<br />__.,�,,,,,i„}�.,,..�;, pay�I�ud tuw tnd tssessmeou witha►t determinin�tbe validlty tLereot;�ad(c)piy euch Itea�and d I such disbursemeau u�hdl be deeroed a p�rc
<br /> ot the Indebtedness acured by t6is Deed otTmtt aad thtll be immedlately due aad p�yable by 17uttor h�t�cneticiary.(4)7b pay whee due�ny liw oe
<br /> � � the propetty whtch Is tenior to Ue lieo otBenalictuy ufd.notwithsundto=any rlQhc or optlon�raeteC by any senfor Ilen or by any tenfor llenhotder co
<br /> Permlt the princlpal bat�nce oimch sentor lien to iaerease,Tcustor wlll not permlt the princfpal batanco o[uny tenlor lien to IncKease abovo the baltnce
<br /> 28•0�74(R@V.8•94)NE-OENERAI USUqY LAW
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