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<br /> DEED OF TRUST WITH FUTURE ADVANCES
<br /> THIS DEEO OF TF�UST,Is made as of the 24TH day of 0 C TO B E R ,19, 9� ,bY e�A�
<br /> theTrustor, FRED UBI � JANET KUBIK HUSSAND AND WIFE ��
<br /> G
<br /> whoso mailtnfl address is 718 W 10 T H G R A N D I S L A N D N E 6 8 8 01 (herein'Trustor,whether one a'more). �
<br /> thsTru�tse FIVE POINTS BANK A NEBRASKA CORPORATION
<br /> SLANo NE 68802 (�"ek1�T"�t�7.�
<br /> �ose maNfnp ac,Idress is P � 9 0 X �-
<br /> the Benefldary�
<br /> whosemallingadd►essts 15 N BROADWELL AVE. 6RAND ISI.AND NE 68803 (herein•Lender).
<br /> FOR V/U.UABLE ONg�DE 10N I i �fs extenslon of crodit IdenttAed here�n to
<br /> FRED K�BIK A� JA�I�����IK
<br /> (heretn"Borrower�"whether one or more)and Ihe Wst herein croetad�the►sceiPt
<br /> ot whk�ta hareby acknowled9ed.
<br /> Trustor heroby Imevocabiy granta, tranafero,conveYa and assign�to Trustee� IN TRUST,WITH
<br /> POWER OF SALE,tor the beneflt and aecu�ity of�encie�.��der e^d subJed W the terms end cond�tbns hereb�aRerset tath,th�
<br /> p,o�;,;�ty�tfs'�csilxx!ss fo!!o�'
<br /> CITYSOF GRANDgISLANONEHALL�COUNTYCLNE9RASKADITION iu TiiE
<br /> Togetherwith ell bulidinga,improvementa,fixtures,streets,aileys.PeasageweYe,eaaements,ri�hta.Privllegss and aPP�°��s
<br /> �cated thereon or in enywise Parteining theroW. and the rents,(ssuea end profits�reve►sions and remefndara theroot. and such P°�
<br /> sonal property thet is atteched to the Improvemenb so as to constitute a flxWre,indudinp,but not Ilmited to,headn�eod codl�D e�u1P'
<br /> ment;end to�ather with the homestead or marital Intereats,H any.whlch�ntereats are hereby�eleased and wahred;aA ot which,indud-
<br /> U,g�eptscements end eddltlons thereto, is heroby declared to be a part of the real estete secured by 1he Ilen ot this Deed of Trust end
<br /> aH of the fore�oinp be�np refemed to hereln as the`PropdriY. �r credlt eproe-
<br /> Thla Desd oi Tn�st shall aecure(a the payment of the principal aum and interoat evidenced b aprornlss�Y�D�°0 0 3
<br /> ment dated O C T O B E R 2 4 19 9� _ .having a mewrihr dete ot O C�O B E R 2 9. _,
<br /> tn the original prindpal emount ot S 1� 6�5 .60 , end any and all mod�icstbne� extsnsbna end ro^°"rWa
<br /> thereot or theroto end any end ail tuture advancee and readvances to 8orrower(or eny ot tlx�i�m������L���t
<br /> to one or more Dron►�ss�f�notes or crc+dlt agreements(hereln called Nota);(o)tt�e PeYnb all nt and
<br /> protect the ascurity oi the Note;(c�the perForme�ce of ell covenents end egreementa of Truator set torth hsreln;end(d) prese
<br /> (uture lndobtedneas and obllgations of Barower (or any of them N moro than one)to Lender whether dlrect,Indiroct,ebadute a contin-
<br /> gent end whether eristng by note,guarenty, overdraft or otherwise•The Note,lhis Deed oi Trust and any and eA other docume^ts that
<br /> secure the Note or otherwise executed In connectian therewith,inciuding without�imttetion guarantees, securiry a9roements and
<br /> ass►gnmenta of leases and rents,shall be refemed to heretn es the'Loan Instruments"•
<br /> T�ustor wvenants end egrees with Lender es folfows:
<br /> 1. Paym�nt of ind�bt�dn�ss.All Indebtedness sacured hereby shall be paM when due.
<br /> Z, TW�.Tn�sWr is the owner of the Property�eXS�p oe��ens e d encumtbrances set forth�by Truator In+�itM9 and�weredeto
<br /> ed hereby is a firat end prtor Ilen on the Property.
<br /> Lender before execution of thla D e e d o f Trus t, a n d t h e e x e c u t i on and delive ry ot this Deed oi Trust daes not vioiate any cantract or
<br /> other obltgatton to which Trustor is subject. •
<br /> 3.Tax�s,Ass�ssm�nb.To pay before delinquency ali texes,special assessmenb end ail othor chsrges egainat the Property
<br /> now or heroefter levied.
<br /> 4.Insuranc�.To keep the Property insured against demege by tire, hazards fncludad withln the tertn'exDended cove►a9e'�e
<br /> such other hezards es Lender may raquire,In amounts and with compenies eccepteble to Lender,naming Lender as en additlonal
<br /> nemed Insured,with loss payable to the Lender,In cese of loss under such policles,the Lender is auttwrized to edjuot, collect end
<br />--- compromiae,all claims thereunder and shaH have the opUon ot apptying ell or part oi the insurance proceeds(f)to any indebtednesa
<br /> � secured hereby and In such orde�as Lender may detertnine,(fi)to the Trustor to be used for the repetr or restoration ot the Properly or
<br /> — (pf)for eny other purpose or obJect eatlsiactory to Lender without attecting the Ilen of thls Deed of T'rust for the full a�Md��
<br />-_- hereby,before aud�payment ever took place.Any applicaUona of proceeds t�indebtedneas shail not extend or postpone
<br />_-� r of eny payments under the Note,or cure any default thereunder or horeunder.
<br /> � �__Y... ��......�.,.�tron damand bv Lendel'.Trustor shall pay to Lender,in such manner as Lender rtu�y desf8nate�sutfident
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<br />-:N;; sums to enablo Lender to pay as they becane due one or more ot the totlowing:(ij aii ieaes_assa�����a e�ti w^� ��e---.—�-
<br /> =�� the Property, (►I)the premtums on the property inaurence requlred hereunder,and(fil)the premiums on any mortgage Insuranca
<br /> �°` requfred by Lender.
<br /> �`� 6. M�int�nance,R�pairs and Compllanc�wtth l.�ws.Trustor shall kedp the Properly in good conditbn and repair, sha
<br /> : � promptly repalr,or reploce any improvement wh�h may be damaged or desfrayed;eh��i not commlt or pertnit eny waste or deterfora•
<br /> • tlon of the Property;shall not remove,demoNsh or substenNally alter any ot the Impro+ements on the Property�sheU not oommit,au�tfer
<br /> or pertnit any ect to be done In or upon the Properiy in violadon of any law,ordlnance,or regulation;and shall pay and prompUf►
<br /> chergo at Tr�stor's cost and expense ail Uens,encumbrances end charges levled,Imposed or eccessed against the Property or eny
<br />.''`•r peR thereoi.
<br /> >� 7. Emin�nt Domain.Lender�s hereby asslgned ell compensatfon, awards, damages and other paymente or reliei(heretnafter
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