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<br /> DEED OF TRUST WITH FUTURE ADVANCES �4.�
<br /> � =_..^�:,a,�- -_
<br /> : ;:.�; �
<br /> 11th da of December ,1g 97 ,byand among�� �'�3�-- -
<br /> � e THIS DEED OF TRUST,is mede as ot the Y �j`�, �"�
<br /> � t�eTruBtw, Steven E. Yenny and 3haron K. Yenn livaband and wife � � _
<br /> �� � • :—.
<br /> j whose matun9 addreas is ?73 5 N• 0'Flanna�an� Crrand I sland� N E �hereln'Truato�',whether one ormore), �-�
<br /> '---
<br /> � ��
<br /> Bank of Doniphan '�_"""'
<br /> ��.
<br /> � the Truetoe _
<br /> herein�ruatee'),and �
<br /> whose mailing addreas la HaX 27O+ DQni phan, NE ( �°
<br /> � g the Beneticiary, �az�k o f Doni phan _
<br /> B o x 2 7'J r poni phan, NE 6$�32 (hereln"�ender'�. —
<br /> whose mailing address is �
<br /> � Yenny and
<br /> FOR VALUABLE CONSIDERATION,Inciudin�Len-"dJerr's extenslon of creditldend0ed herein to SteVE�ri E.
<br /> � _ .� v�....,... h>>eh�r1P� gn(� y�yle -
<br /> (herein'Borrowar, whettier one or more)and the Vust heretn created,the receipt
<br /> IN TRUST WITH
<br /> � of which Is hereby acknowledged,Trustor hereby irrevocebly grants, transtero, conveys and enalpns to Tnrateo, �
<br /> POWEFt OF SAL�,for tha beneflt end secudty of Lender,under end sea6Ject lq tiie terms and conditbns heretnaRer t forth,tho real
<br /> � pr�pertydescdbedasioiiowa: iilo iOi��Ytez'1� Qrie H±tn�red �1�0) feet of the Nort�ierly
<br /> � '1 One Hundred Twenty (12�) feet of Lot Eight (F3), Block Tlaree (3� , v1cicey
<br /> � : Subdivision� Hall County, Nebraska
<br /> '� Together with ell bufldinga,improvements,Qxtures,etreeta,etleys, p868AQOW8}�B. eaaements,rlghte,privilegea and appurtenencea
<br /> tocated thereon or in enywise pertelning thereto,end the rents,lanues end profite,reverslona end remainders thareof. and euch per- __
<br /> Sona�property Ihat la attached to the improvements so es to conatitute a 1lxture,inctudinp,but not Iimited to,heating and coolinp equip-
<br /> ��, ment;end to9ether w(th the homeatead or maritel Interosts,ii any,whlch Interoats era hereby releaaed end waived;all at which,Indud- i__
<br /> � ing reptacements end edditbns thereto,Is hereby dectered to be e pe�t oi the reai estate secured by tha Ilen oi thia Deed of Trust end _
<br /> � ell of the foregoing beinp referrod to herein as the'Property'. �� 2��
<br /> Thta Deed of Trust shall acure ca the peyment ot the principal sum and Interest eviden DeCem ex' �ote It egroe-
<br /> . ^� ment dated December �1. 1�97 .havir�e matu�y dat0 ot -
<br /> 7 in the odginal principal amount oi S �r>��°�� �and eny end all modiflcatbns, extenabna end renewuls �
<br /> a � thereot or thereto end any end�ali future edvancea end readvancea to 6orrower (a any ot them If more then one)hereunder purouent � _
<br /> �' ' to one or more promissory notes a credlt eproemen4s(herein celled 'Note�;(b)lhe payrtient o i o thar aurns edvanced by Lender to
<br /> � protect lhe security of the Note;(c)the pedom►ance of ell wvenants and egreements of Trustor eet forth harein;end(d)ell proaent end
<br /> � future indebtedness end obllgations oi Borrower(or any ot them Ii more lhen on81 to Lender whether dtrect,Indlrect,ebaolute a contln-
<br /> '� gent and whether erising by note,guaranty,overdraR or otherwise.The Note,this Deed oi Trust and eny and all other documents that --
<br /> � secure the Note or otherwise oxecuted In connectlon therewith,including without Ilmltation guerantees,security agreements end
<br /> " � aasl�nments oi leases end rents,ahalt be reterred to herein as the'Loan InsWments'. -�
<br /> Trustor covenants and egrees with Lender es foliows: ___
<br /> � 1. Peym�nt ot Ind�btedness.All Indebtedness secured hereby shell be pald when due. __�___
<br /> : 2. TIGe.Truator is lhe owner of the Property,has the rlght and authonty to convey the Property,end werrents that the Ilen creat- �, �A�`.___
<br /> � ed MerRby is e first end prlor Ilen on tho Property,except for Iiens and encurrebrances set forth by Trusto�In writing end delivered to :?�;;�,�,�°-�:T
<br /> Lender before execution of thls Deed oi Trust, and the executlon and delivery o(thla Deed of Trust does not vlolete eny contract or -;,:,���,:
<br /> other obligation to which Trustor is subJect. ,•��?pu'
<br /> 3.Taxee, Assesamenta. To pay before delinquency all taxes, speclal assessments and all other cherges egalnst the Property ...�:^
<br /> �i now or hereafter levled. � •
<br /> 4.Insunnc�.To keep the Property Insured egainst damage by 1Ire, hezards Included within the term'extended coverege",and
<br /> Iauch other hazards es Lender may require, In amounts end with companiea aoec�pteble to Lender, naming Lender es an addiUonal
<br /> I named Insured, wilh toss payable to the Lender. In case of tosa under such pd�fes,the Lender Ia authorized ta edJust,collect and
<br /> compromise,all clalms thereunder and shall have tho option of epplying au or part ot the insurance proceeds(I)to any Indebtedness
<br /> ' secured heroby and in such order as Lender may determine,(II)to the Trustor to ba uaed tor the repair or restoratio+�oi the Property or
<br /> ! (lll)tor eny oiher purpose�r obJect sntisiectory to Lender wlthout eNecting thsi Ilen oi this Deed ot T►ust for the full arnount secured
<br /> � hereby before such payment ever took piace.Any appiicatlona af proceeds to indebtedness ahall not extend or postpone the due date
<br /> of any paVments under the Note,or cure any default thereunder or hereunder.
<br /> 's - '---
<br /> _��..�_.,a... �r..�e►nr chnll nav tn Lende�.11l such menner es Lender may deslgnate,SU�}ICleI11
<br /> 5.EttCfOw.upon wriiien uamea�w v� �o.�....�� . ..-._. _.._..�_� . _ -_—:_,:.-,.
<br /> + sums to enable Londer to pay ea lhey become due one or more oi the following:(i)all texes,essessmonts and other charges againat
<br /> the Property, (11)the premlums on tho property insurance requlred hereunder,and(ilf)the premlums on eny mortgage Insurance
<br /> requlred by Lendsr.
<br /> • 6. Malntenence, Ropa�ra end Compliancs w(th Laws.Trustor shell keop the Property In good conditlon and repeir;shall
<br /> � promptly repair,or replace any Improvement which may be damagod or destroyed;shall not commlt or permit any waste or deteriora-
<br /> � tfon of the Property;shall not remove,demollah or substantlaliy alter any ot lh�Improvements on the Property;shall not commit,euffer
<br /> ch�rge et Trustor's�costand expense�all IR sr�encumb en eta�and charg s le ed Imposed ort1aoces ed agalnt t e roperty or any
<br /> � part theteof. �
<br /> 7. Emin�ant Domaln.Lender is hereby asslgned ali compensallon,swarde, damages end other payments or relief(hereinafter
<br /> � NUC 5�311Nm�R�xy U�M)Hor 5�7�E
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