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<br /> � ��R�N7't�Rl�l� 8996U2117 �...��0��g5
<br /> 4��ti MI1Mi MUiT� IN�T111► ur�NI1M[ .�n�• �nmw�. Ir l t f�'NI
<br /> }itiLIT LYI3DALL R. HUi.IT MARY K. IG25 NORTH W�BB R@AD
<br /> Y�1tf10f AObN��• C� Y frltfs =ir C60t - —
<br /> 1111 WEST ELEV�NTH GRAND ISLAND NE 68801 GRAND ISLAND
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<br /> '�'HIS U::ED Ol'TNlrS1'.Made this 6� day o� �R�L , 19 90 ,bet�ccen �'
<br /> Meteinafter calkd TRUSTQR,whose addres�is 1117 W l ITH�GRAND ISLAIJD, NE 68801 ,��� CLAY M. ROGERS
<br /> • ,hercinaft���Iled TRUSTEI:,whose addrrss is 1065 N 115 ST.. SUITE 1001, OriAHA. NE 6815k
<br /> and AVCp FINANCIAL SERVICES INTERNATIQhAL, INC., a Nebraska rurporation, hereinaftcr ��ailcd RFNt:�ICIARY, �ti•ho�e_ addresx is
<br /> 14�5 NQRTH W$BB ROADR GRAND ISLAND�Nk: 68801
<br /> � WITNESSE7H: That Trustor GRAN7'3,CONVEYS, SELLS ANU �4�RRANTS TO TRl1STF.i•:, 1N TRUST,WI'tN PO�t'I:R OI� SA41', the iullo�atng descriMd
<br /> ; p�operty,situated in___HALL C'��unty, Nehraska: �
<br /> ' LOT3 FOUR {4) AND FIVE (5), BL(b��'. EL�rE,\i �11) IN GILBERT'S ADDITION TO THE CITY OF
<br /> � GRAND ISLAND, HALL L`OUNTY, KTB�AS�A.
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<br /> , togeNes with all buildings and imprmements naw or hereafter erccted thereon and all scmens, a«�nmgs, xhades, stunn cacli and 1+IinJ.,and heating,flghting,
<br /> plumbing, gas, electric, ventilating, refrigeratlnc and air•conditioninR cyuipment umd in ronnertiort therewith, all of which, for thc purpus� of thi� Decd of � �
<br /> Trust, shaU be deemed ��tures and subject to thr lirn herrof, and ihe hereditaments and appurtenance� pertaining to the property�above descrihed,and ali �
<br /> streeta, lanes� alleys,,p�SS1+�5,,W�j'S�,W3lCt5, N'aICI COLISCS. IlE�1l5.LhCilles a�d nrttiiic�cc. ��hatsru�er �h.+r.•unt�� h�•Innninu .ir �n ��cw�e.• annPrtainioa and thp � '"
<br /> - - ' fCYliS�P11S a110 tCi113ttidQfS��A1� • • --t:�:a�=
<br /> , { . � �7�(i"�f f�T�f}E'8`toTie'rciii3Ptet as the "premiscc". '
<br /> TO HAVE AND TO HOI,u the�bq�e.detp�ibed�p�emiaes,vuith Ihe appurienancec and ��tures,unt�the�.�id Rrneficiary,it<<urceccors and:�s.igns,forever,for
<br /> —_r - the Qurao�a �nd uus_he!(eia.�i_r�.:�t�`�..b__:__r.�.�tt-:ro�=-s.^.� �:c.':ts;:z�:r ar� t.r :ieiur vi any i:omasTCaci fscmprian f.a�rc ot the �ca[�� oT Nebratka -
<br /> wfikh mty 6e enacte4,wie4eh said ri=hts and beneflts tfie said�rustor��rs hrrcb�•c�prec.ty retease and waivec
<br /> Tnutor�Iso ass�ns to Benefkiary�il renU,l�wes and profit�of said premises,granting tht right to coBect and use thc same,with or without taking possession of
<br /> the ptemba,duti�contlnuance of default henunder.and dudng continuance of such default authodiing Beneflciar��to enter upon sald premises and/or to collect
<br /> and enfotce the�une without regud to adequacy of any seeudty for the indebtedness hereby secured by any lawful means including appointment of a recciver in
<br /> ; the n�me of any puty hereta,and to apply the samo Ies�cosU and expensec of opetation and collectlon,including reasonabte attorney s fees,upon any indebted- �.
<br /> l t�est�ecuted henDy.in such order as Beneficiary msy determine. :f�
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<br /> , F'OR THE PURPOSE OT SECURlNG: (1) Ferformance of ea:h ati:r¢€ment of Trustor contairted herein; (2)Payment of the principal sum with intetest,as �
<br /> � ��APRiL ���jy�11 W�th the terms and provisions of a Promiuory IVote�Loan Ap,reement (hercinafter referred to as "promissoty note") dated
<br /> b , herewith e�ecuted b}• Trustor and payable to the o d r,of Hene�ciary.in the Ptincipal sum of
<br /> � s � .and havin�;the date of its Gnal payment due un ����9� ,or as e�tendcd,
<br /> deferted or reschedvled by renewal or refinance; (3) P�yment of any additional advnnces, «itF en;erest thereon as may hereafter be loaned by Heneficiu� '
<br /> to Trustor in a m��imum sum of$ 9500.Zfi atthin 15}�cars from the date of this Deed of Trust:ho�ti•evcr. �
<br /> this pangtaph das not constitute a x:�m�tment by Beneflciazy to make future adti•ances:�4�7he pa��ment uf any money that may be advanced by the ;�r�
<br /> Benefleiary to Trustor for any reacon or io third parties,w•9th Interest thereon,where the amounts are advanced tu protect the security in acc�rdance wjth the
<br /> covenmU of thl�Deed of Trust;(S) Any renewal, refliaancing or a�tension of said promissory rtote,or any other acreement to pay'��hich in�y be substituted ����r
<br /> therefor.
<br /> All payrnents made by Trustor on the obli¢ation secured by this I)ecQ,::Trust shaU be appl�ed in the folluuinF urdcr: �
<br /> FIRST: To the payment uf taxes and assessments that may bc Icvied and asscssed against said premises,insurance premiums, repairs,and all ather chargcs
<br /> ; and expenses agreed to be paid by the Trustor.
<br /> SEC�OND: To the payment of interest due on said loan. "�
<br /> THIRD:To the payment of principal.
<br /> � TO PROTECT THE SECIJRITY HEItEOF,7'RUSTOR(S)COVENAN7'S AND ACREES:(1)To keep ssdd prrmisa insured against loss by£ue and other hu.asds,
<br /> � a�w1tY aod ooeti�axtid up to the fell valne of atl improvements Cor tt�e protectton of Beneficiary in such manner,in such arnounts.and in such mmpanies�s
<br /> ± BmeQciary may from time to time approve,u�d that loss proeads(less expense of callectioa)sball,at Beneficiary's option,be applied on said indebtcdness.whether
<br /> due a not or to the restontion of sa9d imDrovetnents.In evrnt of loss Trustor will give immodiate notice by mail to the Beneficiary�who may make proof of loss if not
<br /> . � made promptly by Trustor,and pch insurana comptny concemed is hereby authorized and directed to make a
<br /> - to theTss�aor.{2)To pay ai!tax�s and s�aial asseumrnu of P Yment for such loss directly to the Sexficiary instwd of
<br /> �t�on eenurst nf the iie++e�cia � anY kin6 that have Darn or may be teviod or assesstd upoa said pr�ntises,�ad to dtli�ery to Ben�ciary,
<br /> above,Beneficiuy,at its �' ����'c�af recpint e�nuri�o g_;��t of sFl such s�.t�;,t;d a;;c;;raent;,(3y In i,5e e.e���of default by Ttustor under Paragraphs 1 or 2
<br /> optioa.may(s)pkce and kap such�nsurance above provided for in force throughout the life of this Decd of Trust and pay the reasonable
<br /> premM�ms and chuja therefor•(bj pay all said tues and assessmenu withoat determining the validity c�errnf;and(c)pay such fiens and a11 such disbursemenu sha11 be
<br /> deemed a pvt of tNe indebtedaess sx�red try this Dad of 7'rust and shall be immediauly due and payabk by Tnutor to Beneficiary(4)To pay when due any lien on the
<br /> propaty r►hich is unior to the litn of Brnefeciuy and,notwithstanding azey right or optlon granted by any sen3or lien or by any senior lienholder to permit the princigal
<br /> brlaaot of such senior lien to lncrease,Trustor wilt not permit the principal balance of any senior lien to increase above the balance at the«me of the making of this Trust
<br /> Deed u�iti!thls Trust Deed sLaU have bern p�id in full.(S)To keep the buildingsand otha improvements now cxisting or hereafter erected in good condition and repair,
<br /> not to commit or suffer any wute or any use of said prcrnises contrary to restrictions of record or contrary to law,and to permic 8eneficiary�o enter at all reacnna�(E - -
<br /> tima for tne pnrpose oI ins�ecting the pretaises;no!to remove or demolish any building thereon;to restorc ptomptly and in a good and w6rkmanlike manner any A
<br /> buildie�s xhich m�y be damaYed or daua2ed thereon,and to pay,whcn due,all claims for labor perfmrrnr�J and materials furnished therefor;(6)7hat.if a signer of the
<br /> Promiuory Note.be wi1l p�y�promptly cme tadebtedness secured h:reby,a.nd perform all other obliga[iecs in full complianee with the terms of said Promissory he�te
<br /> wd this Dted of Trust.(�y That t1x dme of pryment of the iadebtednessGerebyseeured,or of any pott:on ihereof,may be extended or rrnewed,and uny portions of the
<br /> premises therein described may,without notice.be released from the lien hereot,without releasing or affecting the personal liability oi any person or the priority of this
<br /> Deed of Trust. (8)That he docs heccby forever warrant and will forcver detend the titte and possessian thereof against the lawful claims of any and all persons �
<br /> whatsoever.
<br /> IT IS MUiUALI Y AGREED THAT: �r
<br /> (11 Should Ttustot fail to make any payment ot do any .�rt a� hercin pro�ided, ur i( any �.tu�n ur procerd�nk �. coinmenr�d ��h�ch inaterially af(ects
<br /> L BeneGciary's intErest in the P.�:nices, then Renefic�ary ur T�ustrr, but «ithout ohh�ari��n t�� d�� .��, and �cnh��ut m�tirr d+ ��r demand u(��n Trustor, and
<br /> Witttout releasipg Trusteir ltont auy u8li�tion hereunder,may make or dn thc c;iine,and rnay pa�', ��urcha�e,innh�t nr c��m�mmicr any enrumhr.ince.rh�ree
<br /> ot lien. which en the�ud�tnent ufeithe:appears tu effect vid pn�periy; �nJ in c�rnitiin� any .u:h p���trr., in�ur�n� I�ah�lin .�nd c�{�end «h.�tc�rr .�nu�untt m `#
<br /> the aAso9ute diccretion of Hrneficiary or T'ructee e�th�r may derm nr�r:��n ihrrcfor 111 eum. ��� m.urrrd ��r c�p�nde�y �+ti ►i�•nrfiuen ��r Iru.tc�• �h�ll hr �'
<br /> without demand immediately dr�e and payahle hy 1Tl�et��r,chell hCd�IflTCfeq.tt Ihc h�_�hr�! r.���•�k•runtr,•d M I.�u, .�nd •b,ll hr ,r,urr�l hcreb� ��
<br /> i2) $hOUld the Prem�sec ut att�• patt thetcnf he Inkcn ht tee,nn nl .sm ���n:l�etnneti�•n pn�.i'��i1�nr. K:nr�i,i�r. .h.dl !.i rn'iNcd �.•.dl,,� � n. �
<br /> and olhcr paytncnlc thcrr(ur. .ind t��.ipplt �hc ��rnc�,n ihc �n:l�brcdnc•.� x.u•�J hcrrh� :��f ri.,n n��r�l� ,r.
<br /> IZ) by ;3cce{sent;, j�a)-nunt r,] .�n� �utn h.•t.h� ;,•.ui�d .,tiri u. dur cJ�uc. .•r n+.•t ipc '�Im. �.r ;,..r� . .�r dr1�ul� �n�'. ��i rl;,u..i; ,. _.11 liri .��,�i��. „II � �
<br /> ad�cr rt� n�h1 ti� rcqu�rc �+tuttii�t p.nntcn� ��hrn duc ..t �II��rh��r .ui����.• .. ,ir.I , • •. J.•.I.�r. .! r�i!i • ,: .�I.n� , ,r�. .� •. �..I .�, ❑ • �
<br /> eny ,u�h nut�c� o� ilcl,�ult anJ ,q clr.tn��i �.� �,II. t,�i .,n•. un �i��l b.il:•�.,�.. ,��:I �i�� I, � ..� . . .
<br /> k•:urcd hrrch�. ii m.•� cnl„ � { <<• �r.i�;,, 1• I:. r�.�� . � , �. :I���. ,,.i _ , . • . �I� ,
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