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<br /> -y'���"'�� DEED QF TRUST WITH FiJTURE AOVANCES
<br /> �:,;;�;� ��.
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<br /> _��:.•. THIS DEED OF TRUST,is made aa oi the �� day of December __ _ , 1g 9� ,by and among��
<br /> -'_��r���„..
<br />_�="-�"-• . theTrusror, Evvard N. itoe and Merlene Roe, Nusband and Wffe � ^
<br /> `"�,....�.�+'•"t'" 68801-7fi40 • �
<br />_�r�;t,'-�"�t� whose mauinpaddresa is_ 2306 Riverside Drive, Grand Island, NE (hereln"TNStor,whethar one or more},
<br />-=�:��5;�
<br /> .,=dl���� .
<br /> .:��:�;�°'�' theTn,stee FIVE POINTS BANK, A Nebraska Corporation _
<br /> :-...'�:�'3
<br />....�'t:1,�r;ti4 .
<br />` °,;^l~ whosemalHnpaddressls P 0 Bex 1�07� Crand Island, NE 68802-1507 ,..(herein"Trostee'),and
<br />��b�'`�� � theBeneOciary, FIVE POINTS BANK
<br /> :�=�:�`�
<br /> ;���`��� whosemaHinpaddressis P 0 BQn, 1507 Crand Island NE 68802-1507 (herein"Lender).
<br />.—uGe
<br /> =""�� FOR VALUABLE CONSIDERATION,InGuding Lender's extenslun of credit Identified hereln to_
<br /> �`i"'�� � Pvvarri N R�p anrl IUarle,�p Roe
<br />,.;,��" :4; ._.
<br /> •�.�� (hereln"Borrower,'whether one or more)and the tn�st hereln created,the receipt
<br /> `-'�� of whlch Is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST,WITH
<br /> --ff'�- PUWER OF SAIE,fw the benefit and security of Londer,under and subJect to the terms end condldons hereinaRer set torth,the real
<br /> .•'�4'���::_'.y�• nrooerty desaibed as followa:
<br /> �"=°y'L'-'� Lots One (1) and Two (2) In Hesselgesser Subdivision, in the City of Crand Island
<br /> —�_N, Hall County, Nebraska
<br /> Togatherwith ell buildings,improvements,flxtures,streete,elleys,pessageways,easements,Hghts,privlleges and eppurtenances
<br /> �'=�'i���i located thereon or In enywise pertalning thereto,end the rents,Issues and profits,reversions and remainders thereof, and such per-
<br /> ---.-+s� sonal properlythet Is attached to lhe Improvements so es to constltute a Tixture,Including,but not Ilmited to,heating and cooling equip-
<br /> _,o;_,-:,:� ment;and topether with the homestead or marital Interests,if any,which interests are hereby released and waived;all of which,includ-
<br /> _,-.��`�::i:,;.•,� ing replacarnents and addidons thereto,Is hereby declared t�be a part oithe real estate secured by the Ilen of this Deed of Trust end
<br /> _���-- all of the forepoiny beln8 referred to hereln as the'Property'.
<br /> "--=� Thls Deed oi Trust shall secure(a)the payment of the principal sum end Interest evidenced by a promissory note or credit egree-
<br /> __ ment daled �nc mh r 2 ' 1 q98 , having a maturity date of December 21. 2003
<br /> -�= ---�� tn lhe original principal emount oi S 255,,,Q40_50 , and any and ell modiflcations, extensions and renewals
<br /> ° '�`=�y� thereof a thereto end any and all future edvances and readvences to Borrower(or any of them If more than one)hereunder pursuant
<br />-�--���,�;;•"�� to one a more promissory notes or credit egreements(hereln called'Note'); (b)the payment of olher sums advanced by Lender to
<br /> - =�u=_� protect the secuMty oi the Note;(c)the performance of ell covenants and agreements oi Trustor set forth hereln;and(d)all present and
<br />_.t_�� future indebtedness and obllgations of Borrower(or any oi them if more than one)to Lender whether direct,indirect,absolute or contln-
<br />_��..�.�:_�� gent and whether arising by note,guerenty,overdreft or otherv�ise.The Note,this Deed af Trust end eny and all other documents tfiat
<br />_ ^�=-�"���'� secure the Note or othe�wise executed in connectlon therewith, including without Iimitation guarentees, security agreements end
<br /> i_,;�� assignments of leases and rents,shall be reterced to hereln es the'Loan Instruments'.
<br /> - :;_-�n� Trustorcovenants and ogrees with Lender es follows:
<br /> .'�� 1. Paymeot of IntNbtedn�ss.All Indebtedness secured hereby shall be pald when due.
<br /> �.+�'�,t+.��:,,} 2. Titb.T�ustor Is the owner oi the Property,has the right and authority to convey the Property,ond warrants that the Ilen creat-
<br /> �" ed hereby is a first and prior Ilen on the Property,oxcept for Ilens end encumbrences set forlh by Trustor In writing end delivered to
<br /> - ��'s'��r Lender before execution of thls Deed of Trust, and the executlon and delivery of thls Deed of Trust does not violele any contract or
<br /> -�: � � other obligalron to which Trustor Is subJect.
<br /> � 3.Tax�s, A�s��smanb.To pay before dolinquenoy all taxes,speclal assessrtients end all other cherges against the Prop�rty
<br /> now or hereafter levfed.
<br /> }�� 4.Insur�nce. To keep the Properly insured against damage by fire,hazards Included within the term'extended coverage',end R
<br /> ' # � such other hazards as Lender may requlre, In emounts end with wmpanles acceptable to Lender,naming Lender os an additlonal _
<br /> ! named Insured, with loss payable to the Lender. In case of loss under such pollGes,the Lender is authorized to edJust,collect and =
<br /> ;, compromise,ell claims thereunder and shall have the option of epplying ell or part of the Insurance proceecis(I)to eny indebtedness
<br /> � secured hereby and In such order as Lender may determine,(II)to the Trustor to be used for the repair or restoratlon of the Property or
<br /> (iiq for eny olher purpose or obJect setistactory to Lender without affecting the Ilen of thls Deed of Trust for the full emount secured -
<br /> _ " hereby before such payment ever took place.Any applicatlons of proceeds to Indebtedness shall not extend or postpaie the due dato �
<br /> oi any payrnents under the Note,or cure any default thereunder or hereunder. _
<br /> ._ 5.Escrow.Upon written demand by Lender, Trustor shall pay to Lender, In such menner as Lender may desipnate, suHicfent
<br /> -=--
<br /> sums to enaMo Lender to pay as they become due one or more of the followfng:(i)�II texes,essessments and other charges against -
<br /> the Property,(il)the premiums on the property Insurance required hereunder,end (ilf) the premlums on any mortgage fnsurance -
<br /> required by Lender. �
<br /> 6.Malnten�nce, Repalra and Compllance wlth Laws. 'frus;or shall keep the Property in go�d condition and repafr; shall �
<br /> promptly repair, or repiace any improvement which mey be damaged ar destroyed;shall not commit or permit any waste or deterlore- �
<br /> tion of the Property: shall not remove,demollsh or substantially alter any of the Improvements on the Property;shall not commit,suifer -
<br /> or permit any act to be done In or upon the Property in violation of eny law, ordlnance,or regulatfon; and shall pay and promptly dis- -
<br /> , charge at Tmstor's cost and expense all Ilens,encumbrances and charges levied, Irnposed or accessed against the F'roperty or any
<br /> part thereof.
<br /> 7.Eminent Domafn. Lender Is hereby assigned all compensation,ewards, damages and other paymonts orreliof(hereinafter
<br /> H�L}157�HmprKV��Y O�MI R�i 59B
<br /> �IBSE N�LWI fSaNtlCaM�+MOlIiLfl W$��rSiAiaa�elan l�K Yn Nep�s4�
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