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<br /> � � - � � � DEED OE TRUST � .
<br /> � ��� . � . �--3ofs93 � � �
<br /> r THIS DEED OF,TRUS'�made as of the 22nd �y of March �,1924_,between ` � '
<br /> 1 Gre� St�ne Sad�fane M_ �t{nE+� hn4l+and an�l .Tsifp as'rlUSto�
<br /> FIRSf 1�tATIONAL SANK OF OMAHA, O:NAHA, NEBRASKA as Trustee. and FIRST :VA'F[OriTAL BANR OF OMA�iA.
<br /> ; 0:4IAHA,NEBRASKA as Benef ciary. . .
<br /> . WITNES$ETH: . .
<br /> , � That Tnutar irre�ocabiy gcants,transfers and assigns to Tnistee in trust,with puwer of sale,the foltowing describeil
<br /> " prapeity� �
<br /> ' L:::�.:�.IO, �egency bp �tbe�Greea Sub@ivision, of the City of Grand Island, -
<br /> °�il Cauzzty. Nebraska. .
<br /> ,t; ' ` � . '. - .
<br /> `���,:�;�. 2213 Stagecoach Road, Grand Isl�i�. :�'E� ��.$03 •
<br /> , Lii�r.r�Ta.a'I interest which T'rESStor ttow has or may f�ereafter acqvise in aa�:a said property and in and to. (a) all ,
<br /> < �.�is;2tnd riglits of way app�.^-.enant lhereto; and (h) all buildings, structur�s, improvements, fum�res, eq�pment,
<br /> ��*...�shings and appvst��ances naw�r hereafs�placed thereon,it being.intended and agreed.chat all classes of property , . .
<br /> �ched or unanachea9,�'�her than cac�.sus�a�g�goods,used or co b��se�si in connection with��property,are conclusivety
<br /> �eemed to be affxed ta and to ixe�st of the real property that is canrered herebv_Trustor a�'ees to execute and delEre�
<br /> � from pme to dme;such fuither i�s�,:.rnents as m�y be requested by Bene�CCaare ta rr.:�firm the lien of this tl'eed o£T�on �
<br /> any of the aforementia�-�d pro�The property so canveyed to'1'rus���tcere=.:.r.c�er is hereinafter refeired rn:a�.:�s�ch , �
<br /> PT�PenY�� � ' ` _ ' . .
<br /> The Trustor absolutety and irrevocably grants, uansfers and ass._�ts to'Heneficiary the rents. incem�, issu�and
<br /> profits of all property covered hy this Deed of Tiust � . � . ', -
<br /> FOR THE PURPOSE OF SECURING: -
<br /> :. 1. Payment of sfLc�rincipal sum of�"��ree hundred thausand and no!l Od*��**��**�***������ .
<br /> ���300.000_ �*���evidenced by promissory note(s)dated Mare,�i 22. �990 _ f.` `;
<br /> {hereinafter referred to as the"Promissrn}tiate"whether one or more)'isrued by �3g�S ine and Dian M_ S �n
<br /> ("Maker') and payable to the order of Ben�ciary, together with interest thereon, late char�es,•�nd prepayment bonuses
<br /> according to the terms of the Promissory Note and all renewals.exte�sians,and modifications thereaf. ��
<br /> 2. iterfo�mance.discharge oi and compfiance with every obiigatian, rovenant, and agreemem af hiaker or Tnutor
<br /> incotporated by reference or contained herein or in any other security agreement or deed of trust at an�time given to ;_
<br /> secure any indebtedness hereby secured.or any pan there�nf. —
<br /> 3. Payment of a.�'�-�ees and charges nf Her.�ciary.whether or n���:xt fonh herein. ,..
<br /> TO PROTECI'TI�SECURTI'Il OF TI�QS DEED OF TRUST,TRUSTOR CO1riVENA.NTS: � :
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<br /> 'Rtk:That it is lawfully seized and possessrd of a goad and indefeasible title'and estate c.�such prope�ty+in fer simple ;,�; :
<br /> and wiil forever warrant and defend the qde thereto against the claims,�c,d demands of all persa�s whasoever;that it cvill.at �. •
<br /> i�.s expense.maintain ar�3 preserve the lien of this Oeed of Trust as a li�r�upon such property. ��?�
<br /> ' Fcior iiens: To pay any interesr on and maturin� inscalimenes of principal due on any prior mo�age or decd af - ��
<br /> trust. and to perf�rm a!1 thingg rcyuired �,f him wzcler the term.r and conditions uf any prior mortgage ur deed of trust.
<br /> . Beneficiary may,but sltali not be ohligated to,make any payment nr�erf'orm any other art or obli�auon reyuired of Ttuster �
<br /> �r Trustor by any sucFr�rior mortgagr ar deed of tnisG Any amaunt 4c��aid ar expendKd by�eneficiary shall be immediateJy .
<br /> repayabte to Benefciary together with interest as herein provided.
<br /> Maintet�anee:To keep such proprny in�ood ronclitiuu��nd repair,tu cc>mplete ur restore promptiy and in�o�xi and
<br /> workmanlikr manner any building which may be constracted. da�r;a�ed or destroyed therrc�n and tc. �,�,v, when due, all
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<br /> claims for labor performed:+red maierials furnished therefor and for any:ilterations thereof;to crzmply«TSh the pravisinns�f
<br /> a11 insurance policies E�vering ss�id premises; to comply with all las+•s,ordinanrrs, re�nilations, cnacnar�ts, conditions and
<br /> resirit�tions�.�'fect:s:g such properry:•not to rrmdvr,c3rmnl's�h ur materi�lly alter any building,o)�the�haraater�,r use thercof
<br /> at any�tir.��e ��ereas: nat to drill or extract nor to permit the drilling for or rxtraction of oil. gas or cthrr iyydrocarbon
<br /> substances or any n�rrria)af any,kind unless the written consent of Heneficiary is tirst had and obtained;not to commit or
<br /> �permit any waste thrteof or any act upon such pmperty in vinlatiun nt'�aw: te�dn :�11 c�thrr arts in a ti�nrly and pm�Pr
<br /> manner which from the rhararu r cfr u�c uf u�rl�pr��peny may he re•as�m:�bly ieeE css:try tn i�rutt•�t and E�retie•n•r S;iid ae•�u�ity.
<br /> the specific enumerauons tierein not exciudin�thc�;cnrral. , ; - - -�
<br /> fionsbe'uctiun of Imprawrments: 't'o complete i�t gex�d aud w�xkt;�a�dike m;�uuer a��y buildin}� ur imprlwcnccwt uc
<br /> repair relating thereta which may be begun on such propeny or runtempiated hy thr Inan secured hereby,t��pay when dtte '
<br /> aN costs ar�d liabiliues incurred therefor,and not tn pennit any'merhanir's lie•n against tiu��h pr��pc•r1y. '1'rt�star alsu aKs'e��!�.
<br /> anynhi�,g in ehis De(� c,f'Cnist ta the cuntraty nutwithstandin�;. (a) U� prmnptly cutnmettcer u•�ark and t�� �umplrtc tl�r �
<br /> -- . � ptii�ic�seti Ifil�f6vPfif1C•fit9 (�fa�stpitf: (tif (r. ccmp��te samt� ir� arrr�tfianrc� �G7i�f �if7i1S �it[� �pr+-ifrcati�snc ac apjjrrn-cri is�• - � ��-�
<br /> L �leneficiary,(c)ta camply w'sth all at the�tenns r,f any huitdin�9eau a�;rree��c•ue I�cn+�rr��'f�u.rt�».n�d lie•iu•lii i�►�ti•.(EI)tE�:dlv�.
<br /> � Itenefeciary tu inspect such propeny at all�itnts dutin{��utt5uyt��N�n�.and trl tu��•pL��t•�iny aenk e�� iu.u�•i�.�t�wis.�t�tita�tm� �
<br /> t�� licx�cftciary,witltin fifteetl tl5) day� atter writtrt� �ihti�e fiam lir��e•fie�:��t� e.t suEh fait. wt�i�le ra�ti�e• m.iy tx• �;n•i�ii ���
<br /> i n�ttur by rE•t;�ste�ed or i rniFe�1 mdii.ceut tri bi�lnst knn����:�d�1�r«,��r h�•��c�rtiuna)�cni�e•uf the•�,une• �
<br /> i'ii'e a�txl C'�sualty insutanre: '1�� krr�►�u�1� pr�.pi•�ty in�utr�l .��:�in.i I,�c�ur �fai}�ay;e• h� lirc• .�nd�rthc�� ri�k u� r�ci,. �1�ts�
<br /> ' �ti{It1'Il.III tflC!r(1�tItItH tfE Ilftlrti�-e��ry•�h.�ul�{hr in�ntrd a�;.iin�t.nndi�t pirfn rr.�,1 ������ra�r�i•ti.uh t��..p:��.d�ir t�� lici�r�ii��.�i� �'
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<br />- :s�i�!llse f�u2!tet��t a�e}:��•te�� tie�� it4 lv�n!_;�u�lit�f�!_.e�irl��nnF�<:ee�es.�eEC��l:ifiil� ��, It�•���_IiE�:+1� ti.���l i��•lu�a��•i�.ili h:• �i�•t��r����i . � '
<br /> ;n �i�►e{ re•�ua�n in �u►stit�a�i�a� uf i;enc�iie��ay fti�iF�i•t tir�utet� hrt thr f.�iti�fui pe t1,•tu�.�n�e� ri[i����r ����iie.itinn._ uhui�
<br />, ,ir•I►�e•tt a1t.�{I t����rtiiutr .�ti .ia,i��ue�ht M�ti 1 r�iN��� t�, 19r•nr�li��ato'►t..+!! ���E��4 IIIS tt Ft!!(It 1_ ►t��Ill�Illq; _�1) !t IIIEl4 4��r mu�z«�. ���
<br /> iii�i�ici t�i Hi'f�riti i�iv :E �iaiGt��r�r�;nlu u•ti�Pl�t•tcf�le;i�� ��tt�ntltu(;.i1N: t•r:��rirn� +��•��e;}rirr t=:uiE .� er��:�1:� :►;�c:c�t�ti'��tr�nti��Fn� - �
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