|
-,
<br /> , � �
<br /> � 131��I�h l['l:�ltl'
<br /> • QEEQ O� TRUS'T' :���c�c� t�i�:��c•�:�i. st�it��ic��:s
<br /> i\"fE�K�:\�1'lt�v:\[.. Itit'.
<br /> nccoutir nuM��a
<br /> �r A
<br /> � GRAN7'ORI�1: 1496038@5 _ ��.... �Q,r,i�,�
<br /> ►��� •r■ ru�♦ n�n�� M1f N11MI2 v�nfr in���w�
<br /> � t fCG�I
<br /> JAClrSUN I�NNETH A. �G2.� NORTH WEBB ROAD
<br /> , M�14iMO Aop�tas c��r �TA76 si�cncr.
<br /> B22 NORTH VINE GRAND ISIGAND NE 68801 GRAND ISLAND
<br /> .NLBRASI�A
<br /> 26th } MAACH 90 REPit�IETH A. JACKSON (A SIPi�LS PERSON)
<br /> THIS QGF.D OF TRUST, Made this 812 f NORTH VINE G�9 ISLANb��NE� C
<br /> hereinaEter calkd TR!lSTOR,whose address Is • • nd '
<br /> ,hereinafter called TRUSTF.1:,K•hose addrrsv is 1 N �S�I � s �
<br /> •nd AVCO FiNA1vC1AL SERVICES INT�.RNAT10NA4. INC., a Nebr�cka rurpora�iun, hereinafter cailcd BENI•:�ICIARY, whose address is
<br /> 1425 NORTH iIEHBRQAD, GRAND ISLAND, NE 68803 ,
<br /> Wl]'N�55�TH: That Tru�tor GRANT'S.CONVF.YS, SELLS AND WARRANTS TU TRUS7'EI�, IN TRUST,«73H P01YPR Of SA41�. the Collowing described
<br /> � property,altuated in �LI+ f'c�un�y, Nchraska:
<br /> /
<br /> ' NORTHffitL7t FOURTY FOUEt (44) FEET OF LOT BIGHT (8), TN BLOCK ON$ HUNDRED TF2IRTY THREE (133), v�
<br /> � IN UNION PACIFIC RAILWAY COI�'ANY'S SEC03dp ADDITION TO THE CITY OF GRAND ISLAND, HALL CO'UNT� �
<br /> NEBRASKA
<br /> �
<br /> ;
<br /> together Kith all buildin�;s and imptovemcntx nc�«• ar hereaficr crcrt,:d thcr���n anJ alt krccns, awn�ngx, xhadcc, sturm s;�ch and hlinds,and hcating,lichting, �
<br /> plumbinc, ��s, electric, �•entilating,refrigeratinF and airconditionin:;.auipmrnt ukd in connection therewith, :�11 �,f whirh, (or the purpose of this Deed af . �
<br /> Trust, shaLl 6e deemed fictures and sub�ea to thr lien her.�of. and the hercditc,m�ntc �nd appurtrnances pertaining to the propern• atase described, and all
<br /> streets, i�nes,alleys,passagrs,ways,�raters, a•ate� courses, right.,liberties and 4�rietlecrc, nhatsor��er iherrunto bclonFing or in an�•a•ice appertaining and the ; ��
<br /> t�v��us.»5 wM rers�ainders.a0 nf urhirh ic tefarrnd to heraiqnf�or ac tha ••orr�nia•c• �.. �:•`
<br /> TO HAVE AND 'f0 HULD the above-dexribed premixs, with the appurtenan«c;end fi�ture�,unto�he s�id Benefiriarp, isc curre�cors�nd ascigns,forever,for !
<br /> the Purpoxs �nd uxs herein set forth.free from aU tighta and benefits undrr and b� �•irtue of any Homcstcad F�cmpNon L�wc uf �hr State of Nebtaska
<br /> -- -�- ---- ._..,_�_. .,_ ,._. .. .. .. . . . . ;'•-
<br /> .._Lf�l ..�_ _ _ - ..
<br /> � w.�KU u�F7's�aua�t2u',wuni�zaacr r�na�s a�w uritri�is-c�K-sa�c�i rustar ac�rx hcreny-��presdp rercace and natvee.
<br /> ; Tnutor dso a�to Senefici�ry all senU,isfues and proflta of said premises,Franting the right to collect and use the same,w�lth or without taking possession of '
<br /> , the premi�dutit►S eontirivanCe of defatilt hereunder.and dudng continuanee of such default authorizing BeneGciarY to enter upan said premises and/or ta eollect ' ,
<br /> and etfforce the same r�iLt:out tegud to adequacy of any security for thc indebte3ness hereby secured by any lawful means including appointment of a receiver in • �
<br /> the name of u�y puty t�eseto,and to apply the same leas coets and expenses ot'o�eration and coUecdon,including reawnablc attorney's fees,upon any indebted- •�
<br /> • ne��ecured heteby,in such ordos aa BsneGciaiy may detcrmine. -
<br /> FOR THE PURPOSE OP SECURING: p) Perform�nce of each af:teement of Trustor contained herein: (2) Payment of:�e principal sum with interest,u �
<br /> provided in �ccorQance with the term� and provisions of a Promissory yote./Loan Agtec�nent (hercinafter referred to as "promissory note") dated ��
<br /> , herew•ith e�ecuted by Trustor and payable to the o 9fgA eficiary, in the Principal sum of !
<br /> . s � • ,and having ihe date uf its final payment due on ���a/"� .or as e�tended, ,
<br /> defetted ar rescheduled by renewal or refinance: (3)Payment of any additional advances, «•ith interest therean as may hereafter be loaned by� Berteficirry k
<br /> to Trustor in a m�rimum sum of 5.,�����-�b .vithin 15��ears from the datc of this Deed of Trust;t�:•.��ever. , �
<br /> this Pyragraph dues not constltute a commitment by Benefieiaty to make future advances:.s3) The payment of any money that may be adcanced �y the '�
<br /> � Beneficlary to Trustor for any reason or to third patties,w•ith intete9t thereon,where the an�uunts are advanced to protect the securit}• in a:cordance w•ith the
<br /> covenant� of this Deed of Trust:(5) Any renewal, refmancinF or c�tension of:::3 promissory note,or any other agreement to pas K�h:c�:riaY bc substituted ��.�.�
<br /> therefor. •
<br /> All payments made by Trustor on thc obligation secured by this Dzcd of Trust shall be appl�ed in thc tollow�ng atdcr: '.
<br /> FIRST: To thE payment of taxes and assessments that ma} hr !rvied and .iscecsed a�;+inc1 wid premiuc,incurnnce psec:mms, repairc,and all othet charFes ,
<br /> ,, and expenses agrced to be paid by thc Trustor. .
<br /> SECOND:To the payment of intcrest due on s:�id loan.
<br /> � THIRU:To thc payment of principal.
<br /> ' TO PRO'I'ECf THB SENRITY HERE�F,TRUS7�qR(S)COVENAN75 AND AGREES:(I)To keep said premises insurod against loss by fire and other hazards,
<br /> ca�wlly and contit�encies up to the full value of all improvemenu for tAe protection of Beneficiary in such manner,in such unounts,and in such companies as
<br /> Heaericiary may feom time to time approLe,and thu[oss proceeds(las expense of collection)shatt,at Beneficiary's oD�ion,be applied on said indebtedness.x•hetha
<br /> . due or aot or to the tatoration of said improvements.In cwent of ioss Trustor will give immedia�e e�oace by mail to the BeneCciary,who may make proof oF toss if not
<br /> � made pramply by 7tustor,and ach ias�ustaoe company concemed is hereby autharized and direcced ta�make payt�srs for such toss directly to the Beneficiary irscead of
<br /> to the Tcu�tor.(2)To p�y all tua and spaia!�ssasmenU of any kind that have been or may b�tcvied or auessod c:,�on said psemisa,and tade�.very to Bcr.efciary,
<br /> upoa requat of the Beatfic3arY,the otf'icial ta�eipt s�uarinE pa}�nent of all such taxea and ae�smenls_(3?In tre w+ent oi defaeilt by Tn�stor«!�sr Paragraphs 1 or 2
<br /> �bwti.Bel�efkiRry��t ies option.may(a)pl�ce and�c+e�r such msnrance above presit6ed for in fvra tiuougfiwt tne iire ot this Ueed of i'rusc aa3 pay the reasonable
<br /> premwss aad clurja therefor;(b)p�y all s�id tua and aasessme:�ts without daermining the validity thereuf;and(c)pay such[iens and all such disbursements shall be �
<br /> Aeemed�prr!oF the indebtedness setvrcd by this Deed of Trust and s.hall be immediately due and payable by Trustor to Benef ici�ra(4)To pay when due any licn on the
<br /> property�rhich Is seNor to tAe Uen of Beaefieu'uy and,notwithsiar�,�is�any right or option granted by any senior lien or by any s^�..sior fienholder to permit the principal �
<br /> b�4ocs of such senior liat to inctease,Trustor xlll not permit the principal balaece oF any senior tien to increaze above the balance at tl►e[ime of the making of this Trust
<br /> . , I3etd qeltil this Trust Deed shW hsve bxn pdd ia fu11.(i)To iceep the buildinge and other improvements now existing or hereafter erected in good condition and repair,
<br /> eoe to o0onmit or suffer�ny wute or my use of said premises contrary to restrictions of record or contrary to law,and to permit Heneficiary to entet at all reasonable ;-_-_--=
<br /> times fa the purpose of insyccting the Dremisa: not to rerttovt or demolish any building thereon;to ratore pronptlY and in a Rood and w•orkmanlike manner any
<br /> • builain=s which tnsy be damued or dattoyed thereon,and to pay, when due,al)claims for labor performed and materials furnishcd therefor;(6)That,if a signer of the �
<br /> Promisrory Notr. 6e rr:U p�y.promptly the indebtedness secured hercby,arxi perform all other obligations in Eul!complianae with the terms of said Promissory Note
<br /> u�d this Daed of't'rust,{�)7'hat the time of p�yment oP the indebtedr.ess hereby secured.or of any ponian thercof,may be extended or renrwed.and any ponions of the ,
<br /> premises thereio dexribed may,without notke,be released trom the lien hereof,without releasing or affecting the personal liability of any person or thc priority ot this
<br /> Dad ot Trust. (8)That he does her<by forever warrant and wiil fotever defend the title and possession thereof ngainst the lawful claims of any and al!persons '
<br /> wh�fsoCVer.
<br /> IT IS MUI'UALLY AGREEd THA?: �
<br /> (1) Shuuld 'Crustor f�il to make aay payment ��r d�� �ny �ct e. Lcrrm �u�,udrd. �•r �t en� .�.h�m �,r pr,��crdmp• n . �:�mcn�rd whi.h metrnally .,ffc,t�
<br /> � Beneficiaty's interest in the Ptrmisrs, then Renefictary ��r T�u��ce, !•ut uithout �,hhe�h�m t�� dn .��. ind ��ith��ut n��-::r to c,r deuiand upnh Truct�r, and
<br /> cvithc�ut rcicasing 7rusti�r frc�m any obligau�n hcreundcr, ma� ma�,e ��r da thr vui�•..ind m.,> (�J}, (�I:II�1J1C,i�1(}h`�{ „r l'��II1riPI11/�C Jf1C l'(li 11111I�Id�IiC, �har�r
<br />. � �r hen. qrhich tn thc jud}:�ncn1 uf cilhr.r �ppcarti tu:�fl'c�l uul �n�prri� :.�nJ �n ��cr�ictn�:an� .u�h ���n�cr..'m.��r ���•. IuMli�y �nd r�pcnd uh.�tcticr�muunt,m '�
<br /> ti�c absolotc dtscrctio0 of Bemficttry �,r 7ru:tcr rtlhct ma5 ilrcnt nrrrc��ty ihrn•1��r 111 wm. ��. uhurrid ��r r�prnd:d h•. lirnrti:wr� �•r Itu,trr .h�ll b� f�
<br /> �a,uhi>ut dcmand �ntntethatcly dur and payaMc hy Iructor. �h�l! tuer m!rtect .�t nc� hirhr.t r�ir p,•rinit!s•,j F,t I�u. :n,l .i�oU h�� .<<urrd hrn•h� fD
<br /> 12) Should thc Prcmicic ��r .�n) p�rt Hic�r��( I.e t.ikrn Fy r��.�.��n �d �m .,�nd�mn��i •n ��n..c:,lin.• krii.i�.�.,,- .L�11 6, ;:�n�l:,t ,,..�II .,�•,�,,n.���..:� .u:�d� �
<br /> .,nJ otl�cr p:iymcr�lc li�crcfur.nnd r��np.I} �hr •���ir �,�� d�� �nii:ht;Jnr., .r,ur d I��rcl�� � '�'�
<br /> �
<br />. 1?1 Ry .u.c�.t�ng�,iymrnt n( .!m •u1n hcfCl�t �C.ut:d .�It�t �+�dtli d��i. ..r .d�r� •l:i idin.� • � �. L. -I I� � ��i.I . ,1 �. r �. . :I. ftcn;:i ��r1 .�� �;� :�.,
<br /> aoenr �f. nrhl r�. rci�tnrc p:��m�it ��.ic�ni�nt«n�•n dur �•i �11 �al�.�� �uuy� .,.�,..i+:d. • ' Ir.1. . J.i..,�� • . ..,�.,. � . . � � � ' ,-���� •� �I: .,�:d,•
<br /> .z'iy �u.h n•�U:i• ,�I Jrtault ,�nJ •t rl•:,tu�u t,� .rll. ��•r .�in w,,•.�ii! I•�I.ui . ,•t •ii�l �n�i.� �•.�1• .. I• 1< . � � t � .. .i�.�,, . . _ , . , ,. ..i n. ��, ,
<br /> •.c�utcd hcrch). i� m.�� rnh�•,r ui� ,�1.• •h�i.�.i ir �t. ��yni..n. .� ..�� 1.._��.�. .i,�, .,r. . �.i , . • ,I � .. . .�...
<br />� 2G6414 I(7f.V �03A� NL bCNCU n� Uburlr i :�w �
<br /> _-;.a�.. _ —_ – ���P f _ _
<br /> -.Y! RL��°'�-' ' , . !?I'�+�=,.�[913 __ Y ` , . . ' , �S�Y-"'.""i;`,,,,�����f'�`-A}"' °'�;L .I• .., tc�.j ;...-Ra.n,3 - ..
<br /> ..–�..�..T._. � .T•.T . - –i - . _r___._ . �..�- —_— _---- -- —. _—� .,� ' .'i �— ^ .r�i
<br /> . . . ..... � . . , . . .0!,"•�.
<br />
|