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<br />�,'�� . : � �t' whosemaiitngad�ressts 0 0 Box 15Q7 Grand_Isla�a "�G 688Q?-.1507 _(hecein'Tnistee'�,and - .-
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<br />�A �� °�`,`� wrAosemaUinBaddressis 2015 N Broadwell Ave. Grand Island� NE 68803 _ meretn'i.ende�. � f _
<br /> � , . _ ' � :.� . � ------
<br /> ;'-�.,�: FOR VAWA9i.E CONSIDERATtOid,inciuding Lendefs extenstan ot ctedit tdenafled herein tu A u a ustine 'f. R�515 � t
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<br /> � �..,.:z (herein'Borrawer:whstlie�one or more)and ths trust herein cceataQ the cecseipt � �` _e_
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<br /> � cf whic�ts hera6y ecknowtedged,TrusUor hereby irrevoca0ly g�anis,transfecs,conveys and asst�s to Trustes.IN TRUST.WITN °.�� __-•-
<br /> �,; �.,.� ' , ��,;', POWER OF SALE.for the benefit and secudty ot Lender.under and subject to the terms and conditt�o n s R e r e i n a ft e r s e t f o t�h.t he�eai ��`° .:- --
<br />•y - ProP�Y�cribed as foQows: � ;-'
<br /> �esteriy Seventeen t17.0) Eeet of !ot Three (3) and an,oF !ot Four Ia), � ,�,�
<br /> � .. �� _;r Block Fffteen (15), in Boggs and Hifi's Additton to the Cfty af 6rand islaad, � -=--
<br /> .�r - , : Ha11 �ounty, Nebraska. � � ,,_,_
<br /> St- � r • � �°�� —
<br /> ' ::;�<t, ` Togethet with all bufildtngs.improvemeMs.8xdues.streets.attsys,P�SB�Y�.�sements.d9hts.P��S���aDP��� v A-=-
<br /> �". .. 'F::�;:,�,z' located thereon o:in ac�ywLe Pettatntng therei�.and the renis.issu�ar�Drofits.reversions and remainders tt►ereot.and sud�per- .,�;...:�N_�•,�
<br /> i • ° ° sonal roperty tnat is attached to the improvements so as to constitute e�^wue.inctudteg.but not limited%heaNng and aoolin9 equip- 4�
<br /> � �: men�and togett�er w�h the hcmestead or marftai interests.it any.whici�irterests ate hereby retaased and tvaived:a11 of wttich.indud- ,_
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<br /> ing�eptacemerds and addittons thereto.is hereby deciare��ba a paR of fhs real estate seaired by the lien at tt�is @eed at Tnist and �,���..r.a,a
<br /> � � .:�� aD of the foregotng being referteA to herein as the'PmDerty�: ' -~� �_
<br /> `" Thi9 Oeed oi Tnist shsll secure(a)the payment ot fhe pdncipal sum and tnterest eatdenced by a promtssory note ar�t agre� ,.,;,�
<br /> `�'' ment eated Novamber 25�._��9Z. � .having a mamriry date oi De��mber 1�2�02 .
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<br /> ;� ' • ����:� in the odgtnat pdncipal�mouRt oi$ � and any and all modificaUOns.extenstons and renawats �_,�-`_�-
<br /> ti•�. -�°-- -
<br /> �;• �•' � � ' thereot or thereto and arry an0 ell(uture a vances snd readvances W Borrower{or any of them if more than one)hereunQer pwsuant �_��:_•==^�'�
<br /> � '`'� to one or more promtssory notea or credit agreemenb(herefn calteQ'Note7;(b)the payment of ot�er su�ns advanced by Lender W �vu
<br /> � � ;.,t;.,.� � pmted the securuy ot 1he Note;(c)the per4ormance ot all oavenants end agreemertts oi Trustor set f�heretn;end(d)a0 preseni and � '.v �.
<br /> ; '.•� ��;;'�:i . future Indebtedr.�ss and obOgaUons of Borrower(or any ot them ii more Hian one)to Lertder whether d�,�d,indlrect,ebsotute or ca�Jrt- -��.M, �..
<br /> ' �F' gent and whett�er arising by note,guaranty,overdraft or othe�wfse.The Note,this DeeO at Trust end�,:y and all other documerds tl.tat 'i-�
<br /> �i > . , . ; �:....
<br /> secure tho tYote or otherwise executed in connection therewith,including without limitatton guarantees,securit�►agreements and
<br /> f,�.,� . . . asslgnmenb af leases and rents,shatt be refemed to here'n as the'Loan Insbuments. _
<br /> Tn�stcr oavenants and agteea with LenQer as fottows:
<br /> ��� � 1, payaes�M of Indebte�lrtess.NI indebtedness secured hereby s.'^�.�be paid wtien due. � ,,. . ,
<br /> t'� � ', ` � 2, Tiitv,Trustor is the owner of the PropeRy,has the dgM and auU:a:ity to convey the PropeRy,and v�artanb�zi the liem�2t- .
<br /> - ' ed hereby is a fitst and pdar Iten on the Proparry,exaeDi for tiens and encumbrancea set foAtti Dy Trustur(n writing and delivered tn • .. -
<br /> �� Lender betore executlan o1 this Deed oi Trost,and the exacutlon and deiivery oi this Deed of Trust Qoes not vioiate any ccntraci at ,�.r,•;c,:�•-
<br />:;;.;.r.� • � .
<br /> � ' � other obligaUon W which Tnistor ia subjed. � �
<br /> ;�.:,'`-. .: � . 3.Texes�Assessmenb.To pay Defore delinquency atl taxes,special assessments and all other charges agatnst Ifie Propetity . . .
<br /> �: � � now or hereaftei levied. � � �
<br /> = ' 4.tnsuranee.7o keep ths Properry Insured agalnst damage by flre,hazards included wlthin the term'extended Coverago'.an0 �
<br /> '`�- ��other hazards es Lender may require,in amounts and with companies aoceptabte to Lender,naming Lender es an addiUonal •• _
<br /> �•. . : .� , � cr�ned Insured.w(th toss p�rab►e to the Lender.In�:e c!lass under such poilcies,the Lender la authorized to aQs�rs�coi�ect an0 , . . . .
<br /> • � ' • compromise,atl Gaima thereunder and shail have the c��an of applying all or pari o1 the insurance proceeds(i)ta�ny►tndebteQness �....• .
<br /> `` secured here��and in sucli order as Lenfler may determine,(ri)to the TrusMt to be used for the repalr or restoratlon altt►e ProRem►or . ., .
<br /> �,�.: � ; � ' �i�for any other purpose or object saUsfactory to Lender without aftecting the Ilen of this Ceed ct Trust tor the fufl amount`eaaed
<br /> � hereby before such paymeM ever took ptace.Any appiic�Uons ot prooeeds W indebtedness shall nc1 extend or postpone the Q�a Cate
<br /> ��:��• ' ot any paymenb under the Note,or cure arry detault thereunder or hereunQer.
<br /> ''��: • ' S.E.�crow.Upon written demand by Lertder.Trustor shall pay to Lender,tn such manner as Lendor may�ssignate,sufflclent .
<br /> n,� . •
<br /> • � sums to enabte Lender to pay as they became due one or more ot the fotlowing:(i)atl taxes,assessmenis and other charges agatnst
<br /> - .. �. tha Property,(ii)the premiums on the properly insurance required hereunQer.artd(iii)the premiums on any mortgage insurance .
<br /> � � � • required by Lendec ..
<br /> ' 6.Maintenaneo.Ropalrs and Compfiance v�ith Law�.Trustor shatl keop the Property in good�ndiUon and repair,shail . .
<br /> ;,: w
<br /> promptly repair,or repface eny improvemant which may be damaged or QesVOyed:shall not wmmit or permit any waste or detetiora- . .. _
<br />:��°i � - • flon oi the Property;shall not remove,demofish or substanUalty alter any of the improvements on the Property:shall not cammit.suNer .
<br /> c;� •. � . � � : or permit any act to be done ln or upon the Property in viotation of eny law.ocdinance,or regutatlon;and shall Pay and promptty dis- . �
<br /> �; . ' charge at Trustor's eost and expense all liens,encumbrances and ci►arges lavied,imposed or accessed against the PropeRy or eny _ :
<br /> � ,; . : part thereot.
<br /> _ , , , • . 7.Eminent Oomain.Lender is hereby assigned atl campensaGon,awards,damages and other payments or reiief(hereinafter .
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