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<br /> ���� � DEED OF TRUST �YITH FUTURE ADVANCES
<br /> _° � THIS DEED OF TRUST,19 111BdH PP OI Lllp 16eh dey of� O�cember , 1 g 96 ,by and emonp
<br /> — ��
<br /> � the Truetor, TERRY M PFEIFER AND JULIE L PPEIFER� HUSBANA ANA WIFE� AS JOINT TENANTS ���
<br /> �
<br /> whose mailinp nddresF ie 2413 ue,ST JOHN SL, GRAND lSLAND 1� 68603- IYin�oin"Tn�etor,"whether one nr moiel.
<br /> —= lhe Tniste9, THE OYERLAMD NATIOHAI BANiC OF GRAH� ISIAND �
<br /> whose mnilin0 eddresr. is P 0 BOX 1688 GRAMD ISLAMD NE 68802 Iherein"Tru�tee"1. Md
<br /> v theBeneficiery„ ixF tlVFQIA n u�rrou��
<br /> — whose rnailing oddross is P Q 90X 1686 r.aAMD I��ND ME 6880� - (horoin"Lender'1.
<br /> FOR VALUABLE CONSIDERATION,includinp Lender's extansinn of crnditiAentifiodh�rein toTERRr M PFEIFER AND
<br /> --= JULIE L PFEIFER
<br /> (herein "Borrower", whether ona or morel and the tniat herein created,Ihe
<br /> _ receipt of whicli is heroby acknowled�ed.Trustar hereby irrevocebly p�ente, trensFera,convoys end ascipns to Truatee,IN TRUST, WITH
<br /> __y .�., .ti� .n�1 �nnditi�ne hereinefter set fo►th,the�MI
<br /> POWER OF SALE, for tha benefrt ond e�curity oi i.nnum,undar..�� ..::b�cc.... . t"-'."`° _
<br /> property,doecnbed es follows:
<br /> LOi THREE (3) AYD THE EAST HALF (E 1/2) OF LOT FWR (4), IN BLOCK iW (2), IN VARKHILL SUBDIVISION, AN ADDITION TO TXE
<br /> C(TY OF GRAND ISIAND� HALL COUNTY, MEBRASKA.
<br /> PROPERTY ADDRESS: 2413 WEST JOHN ST GRAND ISLAND NE 68803
<br /> Together with al) buildings, improvomonts, }ixturos, etreete, nlloys, passapawnys,o:+somonl,, riphts, privilegos and eppurtonances
<br /> located thoroon or in nnywise pertnining tfiereto,and the rents,issues nnd profite,reversions nnd remaindere thereoi, end Quch peraona)
<br /> property that is nttacf�ed to the improvamente eo na to constituto n fixture, includinp,Mit not limited to, heetinp and coolinp�quiprnat;
<br /> ond together witfi tha homesteod or meritel intereste, if eny, which interesta ere he�eby relaasad end weived; ell oi which, inc�udnp
<br /> _ replecements end ndditione thereto,ie hereby deolnred to be e pnrt of the realeatnte eecured by the lien of thie�eed of Trust snd eYof
<br /> the(orepoinp beinp refariod to lieroin as the"Proporty".
<br /> Thie Deed of Truet shell aecure(e)the peyment of the n����r.ipnl eum end intera9t evidenced by a promieaory nato or credit
<br /> epreement dutod . December_16• 1998 ,hovinV o meturity dulo of December S6, 2005 __
<br /> in thn otigi�ol principe+l umount of S 20 000.00 , and uny �nd oll modificntione, exteneions nnd renew�l�
<br /> theroof or thereto end eny ond nll future edvencee and raodvences to 8orrower lor c�ny of them if more thon onel hereunder pureuanl to
<br /> one or more promi�sory notes or crodit e��eemente(fierein called"Noto"); lbl tf�e pnyment of othor swns edvanced by Lender to protect
<br /> tho eocurity ot tho Nnte; (c)tfie�er(ormence of ell covennnts and agreernents of Trueior set fortf� herein;end Id) ell present end future
<br /> _:-- indebtadness end oblipotions of Borrower (or any of thnm if more than onel tc�lender whother direct, indirect, aboolute or contingent
<br /> "�"�°'�� ond whathor uri:�iny by note, nunranty,overdreft or othorwise.The Note,this Daad of Trust nnd miv end ell other documente th�t sewre
<br />_=:AYi,�
<br /> --�,�� the Note nr othorwisa exacuted in connection theruwith, including without I�mitetion puaronteos, sccuriry egraemente ond eeetpnrnni[s
<br /> of leusas and rents,ahnll bn refor�ed to ha�ein es the"Lonn Instrumante".
<br />`�+.� Trustor covonnnts nnd n�reos with Londar as follows:
<br />_.-��� 1, Psymmt ol lndebtedn�s�. All indnbtednesc eacurnd hareby shnll ha pa�d whon duo.
<br />;��`;" 2. TiHe.Tn�stor is tho ownnr ot tho Prope�ty,han tho right lind outhority ro convey rhe Pron��rcy,nnd wn�ront3 thut the lien creeted
<br /> , � ;�. huraby ie+ri fir:�t s�nd prior linn nn tht�Prn�iarty,nxr,opt for liuns nnd encumbrnnr.e+s set Inrth by Truvtor m writing end deliverod to Leader
<br />�•,t.'.:� beforo axocuuon of this Do�d nf Trust, und tho axecuhnn and dnhvery o11hr.: DeeJ uf Uu�1 doas not violote nny conlract or other
<br /> " obhp�ition t0 whir.hTrustor c:subjar,I.
<br /> 3.7�Kas,Asonmente. To p�y b��ore dalinque��cy nll tnxoo,epor.inl n:sr.os�mnntsnnd idl olher r.hnrpee ngoin3t the Property nowor
<br /> horanftar leviod. ,
<br /> d. Inaurance.To koop tho Proporty insurod ogoinst domoge by fir�, hntords, includnd wiUiin tho torm 'oxtonded r,overope",and
<br /> . ; �uch othor hnznrde ns Londor mny reqwru, in emounte nnd with compenioe nccoptn:�leto Londnr, nominp Lendar ns en additionel nemed
<br /> -�'�{� insurad, with lo��paV�+blo to tha Lnndor. In ca++e of loes undor such policio.,�ho LenJer is nuthurfzoJ to edjust,collnct and comprom�so,
<br /> ' nll clams thorA��ndnr nnd 'JI1flII I17VB tho option of upplYin�� nll or port of tho insuronco t�rocoods(0 to any indobtodnnss socu►ed hereby
<br /> ' � -�;_._ .._a.........�....d�.�a 1 nndnr mnv dutermino. G�)to the Tru3tor to be usod for tho ropaii or restorotion of tho Proporty or(iiil for eny olher
<br />.__---•�---�--r ........ ..__. -_ , ..---....�-`---•..
<br /> _a.
<br /> : 1 pii���:�����t���r.t satisfncrory to L�ndor wrthnut a(factin{�tho lion of this Dend ot i rust ror[no iuii omoani scCtnaa ��o�ooy..a�..��o�.-..
<br /> � pnymt�nt ev�r took placo.AnV npphr,ntion of procood�to indobtodna�s shnll not oxtc:nd or postpono the duo doto of any poyments undesr
<br /> � � tha Nota,or curcn ony dofoult thuroundur or haroundor.
<br /> 5.Eecrow. Upon wrdton domond by Landor,Tiustor shnll poy to Londor, in suchmannc�r ns Landor moy dosignuto, �ufficient sums
<br /> to en�blo Londarto pny as thoy bocuina duo ono or moro of �ho followinp: (il oll �axos. ii::�+us�;monts ond othar chnr�os ogeinsttfio
<br /> Propurty, Gi)thu P«�i����mu en thu proporty in0uron�:o royuirod horoundm. and (iiil thupramium:+un nny mortdugo incurnnce requiredby
<br /> Lundar.
<br /> 6. Meintenance, Repeire and Compli�nce wrth Lewe. Tru::tor yhall keeP the Proparty m {�ond �:nnddion ond ropoir, shall prompt y
<br /> ropnir, or repince anY �mprovemrnt whir.h nwy bo dmm��lod or des�royad; shall not �:�n:�nd o�I�c�md •inY N'�sto o� detenoration ollha
<br /> Proparty;shnll nol removu,dmnolinh ur subslonUnlly altv anY of Ihu unprove�nunlr: o�i the Prouarty:tih+Jl not commit. suffar or penn�t
<br /> � �inY OC[ [O h0�1ono fn or upon Ih� Propurty in violution of any low, ordinaneee,or rcgult�twn; xnd shnU puy ond prornpNy dischel{�a ot
<br /> Trustor's r.ost nridoxpanau nll Iwns,cnr.untbrancos nnd ch�r{�a3 IoviC+d,i�»posod or ns�er.;��d ug+��n�,t thu Propt�rty or any purt thoraol.
<br /> . pH�l�t61n lu�.,no•.•.^��•on�r�.nr.n. t7 H7
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