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<br /> • � `'�'. 'I'cu�tor ir�r.wocAbly eranta and tran�fers to Trustee,in trust� WTTH POWER F S E, the --
<br />---'..�: . � „ following de�crlbed Pr�operiY:
<br /> - ° �t'.
<br />, .
<br />°��r}��:..:.� Lot Seven ('7�� Block One (1), Brentwood Seca�d Subdivision.
<br /> , CI1y of arand Island,Hall Caunty,Nebrasks. �
<br />�� '
<br />._� SUBJECT TO: eaxments and restrlctions of record, and:
<br /> �-�- --
<br />_�- Deed of Trust from TrusWr w Eul D. Ahlschwode, Attomey,
<br /> - tcu�tee and The Equitable Building and Lo�n Associadon of
<br /> -1w:;:�.'y - arsu�d Island, Nebraslca, ba�eficiary. dated Octoba 1, 1990 and
<br />;;��',=;,,: recorded October 5, 1990 as Document No. 9U-105776 of the
<br /> ' � records of Hall County, Ncbraska, securing the orlginal stated
<br /> . � indebted�ess of 5100,000.00.
<br />-`�>:.,:s: .
<br /> i: :�-0ri`:. I?eed of Trust from Trustor W Five Points Bank, a Nebraska _
<br /> _t:�,�r::�. .
<br />=_,-,;u.,
<br />,=�';�.,r`'. corpo�tion, trusta and beneficiary, dated October 4, 1990 an
<br /> 'A.�3�
<br />�<-> t•� . recordal October 23, 1990 as Document No. 90-106051 of the
<br /> �. ...'.�� � records of H�ll County, Nebrasla, securing th� original stated
<br />-:�;•,��
<br />.=.. "'`'`� indebtodness of 59,433.87
<br />--'��
<br /> '���=�� togaher with (i) aU buildings, structures, addlttons, enlargemenW, modificadons, repairs,
<br />'�:��?°��� repla�cements� s�nd improvementa now or herafter located thereon, (ii) all equipment,
<br /> `�_�kh
<br />,. � mxhinery and fixtures (including, without limitadon, all li�hting, headn;. ventilating.
<br /> -��..�'��:� sprinkling and plumbin�fixtures� ws�ter snd power ayatems� a�g�nes.
<br /> - -:.�:_;�� 000lin�, air c�ndidoning.
<br /> -,��=�:� b0�1CIS� IW1�W� OVCi13� dIStIW�lhCls� flll!l�OfS �Iid lilaJlLClb� C�ipe[1ng• iiiaiiiiGc�� ri'� �'iiSSft.;223�
<br /> -_�,�� elevators and moWrs, refriger�� p1s�U � units. communicatlon syetems, dynamos,
<br />---.�...._.�-�= transfornurs, elecaical equipment, atorm and screai windows, doors, �wnings and shades)
<br /> — now or hereafter atta�cl�ed to. or built i�n, any building improvema�t or impravemertt now or
<br />�_---� herea�r located thereon, (iii) all ea�ements smd r�ghis of wAy appurt�nant tt►er�eto. (iv) all
<br /> — leasehold estate. rIght� tttle and interest of Tcuswr in and to all leases, wh�tt�er now or
<br /> _�A� hercatt�r exisdng or enterod inW(including,without limitat�on, all cash and secudty depostts,
<br /> ---- advarice ra�tals and dq�osits or payments of a similar nature), pertaininB thereto, (v)all rents,
<br /> --___-- issuea, profits and income tlurefrom(subjoct to the right of Trustor to colloct and apply such
<br /> �__� ����u�q� p�g���me as they become due and payable so long as no�vent of default
<br /> _e___ exiata herwnder),(vi)all royaldes, mineral,oil and gas rights�nd profits, water, vw�ter rights;.
<br /> -------- and water stock, (vii) all teaema�ts� heroditama�ts� privtleges and appuc�teitance.q belongin8,
<br /> �=:� used or enjoyal in connection ther�witt►, and (viii) all proceeds of convcrsion, voluntuy or
<br /> v�.=:�� involuntsury, of �ny of the foregoin� inW cash or liquidatod claims (includin8. without
<br /> _�;,,r,�_ limitAtian� proceods of insur�cx and eondemnat�an awards), all of which are heninaft�er
<br /> _--- COIlCChYCt�/�IIC ~T[USt pI�Clhl•M
<br />.��r�:�,�
<br /> "'=`-"'�� Tp pRprCp.CT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR
<br /> •=�`���" CpVENANTS AND AGREES AS FOLLOWS:
<br /> ': =.ri:,�'!';',
<br /> °•,.`•-+. .
<br /> 1. Title.Trustor covenants� warrants and agrees with Beneficiary, its successors and assigns,
<br /> _ .�.. that 1YusWr owns the Trust PropertY (subject W any land sale contract descrlbed abm►e)
<br /> � and has the rlght to convey the Trust Property, ths►t the Trust Property is fc�x from any
<br /> : pdor lien or aicumbr�ncx except as otherwise listed above, that this Deed of Trust is and
<br /> � wtll remain a valid and enforceable lien on the Trust Property, that Trustor, at its expense,
<br />� °� wlll pnserve such title and w�ll maintain this Dced of Trust as a lien upon the Trust
<br /> ; � Property and will forever warrant and defend the validiry and priority of the lien heroof
<br /> �-:�"`� against the clums of all persons and pazties whomsoever. Trustor, at its �xpense, will
<br />�� " � ���� wis Deed of Trus� and each amendment or supplement hereto, to be filed and
<br /> , _ __—=-•
<br /> -- __-• ----- -� -
<br /> T � rxorded as a mortgage of the Trust Property in such manner and in such placc artd wiu
<br /> � take such a��on as in the opinion of Trustee m�y be required by any prcsent or futun law
<br /> � in order w perfect, maintain and protect the lien of this Dced of Trust,as the same may be
<br /> amendod or Wpplemented from dme to time. Trustor will make such further assurance or
<br /> . assurances to perfect its title to the Tnist Property as may be roquirod by Beneficiary.
<br /> TrusWr hereby relinquishes all right of dower and homestead in and to the Trust Pmperty•
<br /> 2
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