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<br /> � DEED OF TRUS7 WITH FUTURE ADVANCES
<br /> 20TH da oi OCTOBER ,�p_ 97 ,,,by�nd amon9
<br /> TH{S DEE�QF TRUST,is made as oi the !► 9�
<br /> C"r
<br /> theT�ustor,_ JOHN WILL�AM LANZENDORF AND PATTI RENEE IANZENDORF. HUSBANp AND WIFE lp
<br /> i a7TF RtVER � N�_ (hsroin'Tru�tor",whNt►�ron�ormom)�
<br /> \U
<br /> whose mai11np addresa is 7�1� W� �$,--���
<br /> theTruasee FIVE POINTS BANK A NEBRASKA CORPORATION
<br /> .(►te►sln'Tnuw•),�nd
<br /> whose malllnp addresa is
<br /> theeenetictary, FIVE POINTS BANK --- -
<br /> N BRQADWEI L GRI�[VD ISLAND _NE 6880,2._._�(�������^��•
<br /> whose malling address la_.._2Q1.�,�.---
<br /> FOR VALUABLE CONSIDERATION,fncludinp Lenders exteneion of crodit IdmtlA�d Mni�to — ��
<br /> ero n r,"whether ona a monl�nd th�hu�t h�nN�cn�t�d�tM nakH
<br /> of which ta hereby eck��ed9ed,TruaW�heroby Irrevocabfy prent�, transfen,oonvsys and asslpm to Tru�to�, IM TRUST,WITH
<br /> POWER OF 3ALE,tor the beneflt end eecurity of Lender,urxler and aubJect W N►o lerm��nd cond�tbns h�nM�Mr bt foA1►'1��
<br /> pro�erhr deacribed as folbwe:
<br /> SEE ATTACHED EXHIBIT "A"
<br /> Together with all bulldinys,Improvemente,ftxturos,etreets,alleYs,PeesaDewsyn,eaam�nb,riphls,prfvHp�s�nd�PD����O
<br /> located thereon or in onywise pertelninp tharoto,end the ronts.I�euss and prolits�rsv�nions�nd nmak►d�rr th��of��nd wch RK.
<br /> Sona�propsrty thet la atteched ta the�mProvements so ae to conadtute a flxturp,IncNid�np�bu!not��mlkd to�hN'tkp�+►d 000Mrp sq��P'
<br /> ment;anci topether vrf►h the homeat9ad or me►itel intereata,if any,which Utero�a nro he�ebY rol�s�d�^d W�wd'�N°�w�'��'
<br /> �ng roplacenne�ta end edditbns thereto,la hereby declared to be e part of the re�l e�tate�ecured by the Ib^of thh DMd°I Trwt�nd
<br /> all of the torspoi�D be�np refemed to heroin es tnu'Piuye+ty'. �r prom
<br /> Thk�Deed of Truat shall secure(a)tM pnyrt►ent of the prinGpahAVinp s m�l tu try dat ot�APRI 4 ���99�����
<br /> msntdeWd OCTOBEo �n �og7
<br /> In the orlyinal pdncipal amount of S _
<br /> 114.996.50 , And any �nd all modNicadons��xt��o�s�nd�w�
<br /> thereof or thgreto and any and ell future edvences and rsed�►anoes to Borcovwr(�Y°����r��,���L�,b
<br /> to one or more promiaaory notes or credit aqreements(heroln celled"Note');@) WY�
<br /> protect ths secudty ot the Note;{c)the performence of all covenants a�d�preerne�nb of Trustor sst tortfi hsrNn;�nd(d��II pnsmt Mfd
<br /> futuro ir�lebtsdnoss and oblipatlona of Borrower(or eny of them if more th�n one)to Lendsr whsthsr dinct.frK1lr�ct��bso�t o�'��^'
<br /> pent und whether edsing by note,puaranty,overdrelt or otharwlee.The Note.lh�s Dsed of Truet and mY�nd�u���
<br /> secure the Note or othenNise executed In cannectlon therowlth, includin� without Ilmitatlon puar�nt.ees,
<br /> ass{pnments ot leases and rento,ahali be refemed to herefn eu the'Loan Inawmanl�"•
<br /> Truator covenanta and agroea wtth Lender es foliows:
<br /> 1. Payrn�nt�,i lod�bt�dn�n•All indebtodneae secured h6roby shall be peld whon due.
<br /> 2. Tkl�.Trustor is the owner of the PropetlY�except for Ilena e d enc.umbrences wt f �by T�ru�tor InRwrltk►p nd dNhMnd lo
<br /> ed heroby Is e flrat end prlor Ilen on the Properly,
<br /> Lendar before executbn oi this Deod of Trust, and the exocutlon anA delivery of this Oeed ot Truet doss rwt vb��t��n1►co^a�d a
<br /> other obligatlon to which T�ustor Is subject.
<br /> 3.T�xas,Aswssm�nb.7o pay betore delinquency ell taxes,spaclal asse�smenta erxl all other ch�rp��apa�n�th�ProMrty
<br /> now or hereafter levled.
<br /> 4.Insur�nc�.To keep the Property inaured egalnat damepe by flre, hazerda Included within the term'extawled�v�rp�"�
<br /> auch other hazc�rda as Lender may requlre, in amounta end wlth companlea acceptablo to Lender, neminp Lender eo�n�ddltlonal
<br /> named inaured,with loss payable to the Lender. In case oi Ioss under such pollclea,the Lender li aulhorlr.ed to ed)u�t,col{�E�nd
<br /> compromise,all cieims thereunder and shall have the optlon of epplying all a part ot the tneurence D��s(I)to�ny Indobl�dMw
<br /> secured hereby end In such order as Lender may datermine,(1i)to the Trustor to be used tor the repelr or reatoretbn oi Ihe Prop�rty a
<br /> ,. (Ili)far eny other purpose or obJect setlsfaetory to Lender wlthout affwctlnp the Ilen of thls Dsed ot Ttuat 1or tM fuil�mount MCUnd
<br /> hereby before such payment ever took place.Any eppllcatlons of proceeds to Indebtedness ehal!not extond or pa�tpon�th�due d�t�
<br /> of any payments under the Note,or cure eny default thereunder or hereunder.
<br />-° 6. Escrow. Upon wrlNen demand by Lender, Truator shell peq t�Le�ndew.In�s�uo am�nn�e�r�e�mente a d olhsr ch��'W��aW �M t
<br /> � sums to enable Lender to pay as they i>eoome due oi�o v������o::�•�.a��:•��-°•o•�•r--—•--•
<br />`Z�, the Property, (Iq the premlum�on the properly fnaurence roqutrAd herounder,end (Ilq the premluma on eny mortpap� Inrur�nr,A
<br /> "� requlred by Lender.
<br />'.� 8. MNnbnance, Rspalrs ond Complianc�with Lews. Truator ahell keep the Property In pood condltlon end repalr; she
<br />,�; promptty repalr,or roplace any Improvement whlch mey be dameged or destroyed: shell not commit or pormlt eny weate or delArlo►�-
<br /> tion oi the Proporty:shall not remove,domolish or aubstentlaliy aiter eny oT the improvements on the Propertyr:ahall not Commlt,�uNer
<br /> cha ge at T ustor's�costand expen e�aliher�sr�encumb ences�and cherg s�le��ed��lmposed or'eoceasad epal'nst the PropeAy tor eny
<br /> part themof.
<br /> 7. Emin�nt Domain.Lender la hereby asaigned all compensatlon, ewards,damegos end other paymente or�ellei(herelnaRer
<br /> NOC 713f(qonp�M��DsM)N�v 6N6
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