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<br /> DEED OF TRU37 WITH FUTURE ADVANCES
<br /> 18�Z_•by end amonp�
<br /> THIS OEED OF TRUST,Is made as of the_31SI._�Y°�
<br /> , (�,c�
<br /> \
<br /> the Trustor,
<br /> _ wtwsemalpnpetldreasis 4129 DRIFTWOOD DRIVE GRAND ISALND NE 68803�hereln•Tnmtor",whelheronea"'°re)•
<br /> tl�e Truatee
<br /> � P.O. BOX 1507, GRAND YSLANO, NE 68802�1507 (herein'Trustee'?•8"d
<br /> whose mallinp acfrdress is
<br /> = the Beneficiary�
<br />— whosemailingaddreasis 2015 N. BROADWELL, GRAND ISLAND. NE 68802 (herein•�ender')•
<br /> FOR VALUABLE CONSIDERATION,indu�►ng Lendere e�►tension of crodit IdentiBed h�re��ro
<br /> (nerein'gonower�"whether one or more)end the tnpt herek►creatad.the recef�t
<br /> of whkh Is hereby acknowledGed�Tniator hereby Irreva�eblY 9rante, tre�era� corneYa a�d asabna to Trostes� �set foAhTtl�►rest
<br /> PQWER OF SALE�for the beneflt and security ot Lender,under end sub to ths terms and condNbns hereinel�er
<br /> ���,;���wrl as inllows: ,
<br /> THE EAST FORTY-FI�LACE��LOCATEDFON�PARTNOFHTHERNORTHWEST�QUARTERA�(NW�1/4)�OF�SECTIONTE
<br />,� (116), NAWTHORNE P
<br /> ' RANGE NINE (9), WEST OF THE 6TH P. .�
<br /> HWENT T�0Ty(2 NeSHIP ELEVEN (111 NORTH�
<br /> A�WIm�11���1�1'�provements,flxturos.streete,alkys�Passa�eweYd�easementa.rqhts,Priv�l�s�a�d ePPu��°s
<br /> ,and st�ch PK
<br /> �ated theroon or in anywise pertaining thereto,end the�enb,issuas and proflts,rove�alom and►s�winde�s 1�°�
<br /> inCludiny but not Iknited to.heatkq and caoilnp equ�P'
<br /> sonal property tnat Ia attached to the Imptovementa eo e�to constttuta a tixtute, �
<br /> menr end together with the tamestead ar mtrital intere�ts.to ba p8rt of tthe real estete eecured by the oliien tlas� Dssd�n,�t end
<br /> Iny repiacemenb end addiUons thereio,is heroby dedarod
<br /> all of the forepoinp be�np referred to herein se tM'P►o�ertf�'• by note or ardK p�se'
<br /> This Deed of Trust ahaN aeouro(a)�199�t oithe f��p°heving a menwrity dat�e ot�NOVEMBER � ._2002 .
<br /> ���� OGTOBER�I.
<br /> in the orininal principal emount of S erd any and all a�odNlcatlons.sxtensbns�nd nn�w�is
<br /> triereoi ar tl�ereto end eny end all future edvances and reaclvencea to Borrower(or eny W t�ma���������
<br /> W ono or more Prom�ssaY notes or crodit ayreements(heroln called'Note'1;(b)t�e PsY�
<br /> protect the�cu�lY oi the Nota;(o)the Pe�fortnance of eA covenante and aproements of Truator eet fo�th����d�e o�r aontln-
<br /> fuWre tndebtedness end ot�aUons oi Borrower(or any ot them ii more than one)W Lendef whether dkect.
<br /> ._ ��end,khether aiising by note,puarenty,overdratt ar othervrise.The Note,this Deed oi T�ust end a�ry and all other doairt�snts that
<br /> rsaecure the Note or otherwise executed in connection therowith,�ncluding witriout Iimitatlon 9aarantees,s��K����
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<br /> esalgnments of leases and ronts,ahali be referred to he�eln e�the'Loan InaWments.
<br /> Trustor covenants end egrees wlth Lender as tolbws:
<br /> 1. Paym�n!ot Indebt�dn�ss.All Indebtedneas eecured hereby shell be pafd when due.
<br /> -� 7. TItN.Trustor Is the owner of the Property�has the right and authority to cor►vey the Property�end werre�ts tha�1��^��
<br /> ed hereby is a flBt and prlor��e�on the PropeAY.except ta Ilens and encumbrances set torth bY T��1D�^�a���°��O
<br /> Lender before executbn ot thia Deed ot Trust,and the execution end delivery of thls Deed of Trust doea not vlo�ete any oa►1ra�t a'
<br /> aiher obltgatbn W which Tmstor is subJect. nst the Propsrly
<br /> — 3.Twc�s,AssasrrHnts.To pay before dellnquency eu taxes,special esaessmenis end�1 otl�er cha�yes e0a�
<br />- - now or hereafter levied. Insured egalnst damape by flre,hezerda Inciuded with�n the tertn'extended oovera9s��o�d
<br /> -_- 4.Insuranc�.To keep the Property �b1�to Lender,namU►p Lendter es en eddkional
<br /> - such other ha�Ms as Lender may require, In amaunts end wflh companies eccep
<br /> y'� named insured,w�th loss payable to the Lender.In cese ot loss under such policles,the Lender Is outtwdzed oed^u i���
<br /> -�,.�� compromise,all clafms theraunder and shall have the optlon vf applyinp all a'PaR af the insurence qoceed (1 Y
<br /> secured hereby end in such order as Lender may detemnine,(ii)to the Trustor to be used ta lhe repair or restorafon oi the PropertY or
<br /> -��� (fii)for any other purpose w obJect setiafactory to Lender without affectinp ths Ilen of thia Deed oi Truat tor ths fu���ntd���
<br /> °-� hereby before such payment ever took p�aoe•A�Y aPDlicatians of proceeds to indebtedness shall notextend or poatpa�e
<br /> �:,�'� ot any payments under the Note,or cure any default therounder w hereunder. nete,suttider►t
<br /> -- � e.� i i.vu,wdtten demand by Lender, Trustor ahall pay to Lender,in such manner es LMe�nder�y�����st
<br /> sums to enable Lender to pay as they become due one or more of ine ionowi�e:i�i a���^�°� °�°-••� - insurence
<br /> .'' the Property, (II) the premlums on the propertyr insurance requlred hereunder.and(Iii)the prerinluma on eny moKga�e
<br /> � required by Lander.
<br /> 6. Maint�n�nc�, R�pain and Complltnc� with l�ws.Trustor shall keep the Propedy in paod condiNon end repeir,shall
<br />=- promplly repaU,or replace eny Improvement which may be dame9ed ur destroyed:shall not commltor permit s�H�����
<br />'` tion ot the Property;ehail not remove,demolish or substent�lly alter any of the Improvements on the PropeRy'
<br />'- or permit any ect to be done in or upon the Propevty in vbletion oi any law,ordinance, or re9uletion,a�d ehail pay end promP�e y
<br /> charge at Trustors cost and expense ell Ilens,encumbrancae and chargea Ievied, imposed or accessed egalnst the Prope►ry
<br />;, part thereof.
<br />°= 7.Eminmt Domain. Lender is hereby asslgned atl cvmpensetion,ewaMs,dame�gea and olher payments or re�ief(hereinafter
<br /> "; �+Be s�sr pw+vw�++o..ai n«eroe
<br />_�.� . o,owru�wewawM»�nm.�.ros.�rN,�r.d+.��.e�a.u.
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