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<br /> _}�:�� DEED OF TRUST WITH FUTURE AOVANGES �
<br />-{�`� 23RD day of SEPTEMBER , �e 97 ,byend among � --
<br /> _:� THIS DEED OF TRUST,is made a�of the �
<br />_�"� theTrustor, LEROY COTE A SINGLE PERSON
<br /> u�
<br /> = whosa matling address is 3944 HAMPTON RD GRAND IS LAND NE 68803 (heretn•Trustor',whether one or more�,
<br /> the Trustee
<br /> � Wl�!� whose mefqng address is P 0 BOX 1507 GRAND IS LAND N€ ��°^F (hereln'Trustee�,and
<br />-;A`:C�A
<br />������
<br /> —_= the Benaflclary, F E O I S B N K
<br /> - whose mailing address Is 2015 N BROADWE I.L AVE GRAND ISLAND NE 68803 (hereln'�ender'). _
<br />_— FOR VALUIIBLE CONSIDERATION,including Lender's extenslon of credlt IdenUfted hereln to
<br /> --_ (heroin'Borrower�whether ane or rtwre)end the trust haratn created,the receipt
<br /> of whtch Is hereby ackrwwAed9ed�Trusto►her'eby Irrav°ceb�Y 9ra�ts� �ensteta,conveys end esstgns to Truatee, IN TRUST,WITii
<br /> . �w�Q Q�r,s,�c ��g�n�wflt and 4ecudty ot Lender,under and subJect to the tertns and c�ondltbns herelneRer set torth,the rea�
<br /> propeRy desc�ibed es fofbws:
<br /> LOT THREE (3I, CONCANNON SUBDIVISION, CITY OF GRAND ISLANO, HALL COUNTY, NEBRASKA
<br /> eweya,easements,righta,privlle9ee end appurtenancee
<br /> Togather wlth aN bulldlnps,Improvements.lbRuros,streete�albya�Pess�
<br /> located thereon or In enywise peRefntng tlrereto,end the rento,Issues and pro�b.reveralons end remalnders thereoi,and such per-
<br /> sona�properly that h atteched to tha Improvements so aa to conatltute e flxturo,tncluding,but not Ilmtted to.heatlny and coolkg eq°�P'
<br /> men�and ta�ether wlth the homeatead or marital inte�ests,If any,whtch Intereata are hereby released and vretved�all ot whtch�k�dud-
<br /> Ing roplacementa and addffbns thereW.ls hareby dedered to be e part ot the roel estete secured by the Ilen M this Deed of Truat and
<br /> all ot the fo►polrq beinp reterted to t�ere(n es the"Properiyr•
<br /> ThIs Deed of Trust shaN securo(a tl�e paymentof the PrinclPa1�m�tntereat evldenced b a��a�h�'m°'
<br /> ment dsted SEPTEMBER 23. 19�7 .havtng a maturicy date M MAR�H 23.
<br /> tn the orlpin�l pdndpa�emount ot= 45,000.00 and any end e11 modtticatbns,extensions s�d ror�wa�a
<br /> thereof a th�eto end eny anotea ar�credu egreeme^b (��re�ln called'�ts'()tM y�P�nt i othe►aums adva�oed by Lender�t
<br /> to o�e or more PranissaY d all oovenen t s end agreements ot Trustor aet toRh hero�n�and(d)aM Drose^t and
<br /> prptect the secutity of ths Note:(a)the Pedo�mnnce
<br /> futuro indeMednesa er►d obltgetbns oI Borrower(or anY d them H rtare than one)to Lender whether dirod.fr�Nroct,absoluts or caNkr
<br /> pent and wl►ether eriainp by note�9uaronly,onrerdreRor othervrlse.The Note.thts Doed of Trust end any and al!other daaune�b I�at
<br /> secure the Note a otherwlse executed in connectbn ther+ew�th. including without limitetton 8ucrentees,ae�xuitY e0roem�^�°^d
<br /> aaslgnrt�ents ot bates and ronb,ehaN be refened�o hsreln ss the'Loan Instruments'.
<br /> Tn�atar covenants end agrees with Lencier es toloMrs:
<br /> 1. PaynMnt ot IrxNbNdrnss.All Indebtedneas secured hereby shall be paid wAen due.
<br /> 2. TItN.Trustor{a the owner ot the Property.h�s 1he�ight and autFwrity to convey the Properly.end wertants that ths 1{en aeat-
<br /> Lender be ifore executioo of this Deed of Trust a d e executlon and de�ery cb�1 th�ts BDeed ot Tru t doas noc vtolata eny oonVact or
<br /> dher obligatlon to which Tnrator is subject ��p��y
<br /> 3.Taxa,/►iassmrnb.To pay betore delinque+xy all texes,spectal essessmenta and all other charges eSai
<br /> now or hereaRer kvled.
<br /> 4.Insur�a.To keep the Properly Insured apair�st damege by ftre,hazerda inctuded w�thln the tem�'extended ooverape�,end
<br /> .__.. _ � such other hazards as Lerxbr may requke. in amounb end with com�enles eocep�able to Lender, namtnp l.ender es an addltlor�d
<br /> named(nsured.wNh loss payable to the Lencter. In case ot bss under such Potk�es.the Lender!a auUxMized to edjust�coNeet and
<br /> oar►prortdse,ell dalms tl�ereu�xler and atwlt have tlie oPtbn M aPPNing alt or part of the insurence proceeda(i)to eny lndebte�ness
<br /> secured hereby and in auch order es Lender may�felennlne�(Iq to the Trustor to be used for the repalr or restoratlon of the Prn�erb a
<br /> (fil)tor anY other Purposa or oDjec�t satiafactory to lender without aifecUrW the I{en ot thla Deed of TNat tor the tuN emount secured
<br /> ►�eby betoro auch paymer�t ever took plaoa.My eppticetions of prooeeds to Irxiebtedness ahall not extend or postpa►e the dus date
<br /> �Y..Y.----�..,..e.,�,e w.�o .,.n���rr�t9unn�reunder or hereunder. _.�_.__.
<br /> ���5.Escrow.Upon wriKen demend by Lender,Trustor shall pay to Lerxier,in such menner ea �ender mey aesyr�aie���^�°�^
<br /> -- sums to enable Lender to pay as they beoome due one a more of the folbwfn9:(II eU texes,essessments end other cha�pea egek►st
<br /> Y the property, (if)the premlums on the property tnsurence requ�rod hereunder,end (fli)the premiums on any rtwrtpa9e Insurence
<br /> ____� required by lender.
<br /> � 6. Matnt�rwnc�,R�paln and Compllmu wEth Laws. Truatot shall keep the Property�n good condit{o�and ropalr,shall
<br /> - - - - P�P�Y�Ir.a replace eny tmprovemen4 wh�h may 6e damaged or destroyed;ahall rat commtt or p�m�it any wsste a deteriore-
<br /> --— Uon ot the Propeity;shall rwt remova.demotish or aubstantially etter any ot fhe Impravements on tlie Property:shaM not�t�suffe�
<br /> -_--= or pertnft any act ro be done tn or upon the PropeAy in violatbn of eny Itwv,ordlnanoe,or re9�ia�:��'�t�tl�e PropeKfl a�
<br /> �-—= charpe at Trustore cost and expense ah Ilens,e�cumb►ences and charpes lavied�irr►Posed
<br /> �—�•s� Pa��reOf. nb or retlet(herok►alte►
<br /> ���� 7. Erntn�et Domsln.Lender Is heroby essigned elt compensetlon�ewards,damages end other payme ,
<br /> ,...._ �.es.srnwwe.r+o«n�sw . ..
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