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<br />' 90 - -- 104832 • , AVCO FINA OAL.SERVICES :
<br />DEED OF_ RUST INTERNATIONAL, INC.
<br />GRANTORM*.' 9403647.
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<br />1GOilALS>1;I SHIRJ.BY ROWATSRI KEI" ' A. ' 1 -425 NORTH WBBB ROAD
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<br />IIiIIS DEED OF TRUST, !fade this X178 ___. day of 19�Q . betwee
<br />' . LtsNiMflor calbd TMIS'f,Olt, whose address - 6. LAIR and Cs W-M- _ --- -
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<br />'ROUTE 1 BOX 32 NE 68824 .,.rev 1`t R[Y:RR
<br />- flee c�lied TRUS`iEE: whose address is ��' w 1IS ST , SiTiTB 100* 0llAHA, tzB ttt8154
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<br />'ad AVCO FINANCIAL: SERVICES INTERNATIONAL, INC., a Nebraska corporation.• hereinafter salted BENEFiC1ARY. whose. addrests is
<br />1425 NMTH iilt AM, GRAND- ISLAMs HE" 68803 -- -
<br />i WtTNESSETN: That -Trustor GRANTS, CONVEYS, SELLS AND WARRAN'T'S TO.TRUSTEF, IN TRUST4 WiTH POWER OF -SALE, the following described
<br />petty, situated in. HALL _ County Nebraska:
<br />A tract•of an located In the Northwest-Quarteir (NWT /4) of Se ti o� Eighteen �18),, Township
<br />.,'NYC `:t3r 'Rit'vpl :sat34t (T 12-N,- 1t Wj df..rrr'�- Sih_fi+:h) p..,_Hai. _(�aur.X, Nebraska,
<br />described as follows:
<br />Cotrmencing at the 'Sw corner of saif NW •1/4, thence North along the West lisle of said NWi/4 -a - -
<br />distance of 836.73 feet,,thence East 60.00 feet to a point oh,the East right -of way line of .
<br />existing State Highway and a poittt.of be tin hence continuing Eas 376.40 feet, thence
<br />North parallel to the.West line of said N 1/4 340 feet thence West 37.40 feet to a point an
<br />the East right - of-way line of said highway, said point dieing 60.00 feet East of the West line
<br />of saidNW1 /4; thence South along said right -of -way line 390.00 feet to the point of beginning.
<br />together with all buildings and fmptovemenu now or hereafter erected thereon and ali sr:reens, awnings, shades, storm sash and blinds and heat ag. lighting,
<br />plumbing, gas, electric. ventilating, refrigerating and air - conditioning equipment used in connection therewith, all of which, for the purpose of dire Deed of
<br />Trust.'shatl be deemed fixtures and subject to the lien hereof, and the hereditaments and appurtenances pertaining to the property above described, and all,
<br />streets, lanes, alleys,_pasu y�ay aWA,6,yi Ff.' s, rights, liberties and privileges, whatsoever thereunto belonging or in anywise appertaining and the
<br />reversions and rem�ittdir °ii�`sel�'1 alter as the "premises'.
<br />TO HAVE AND T t with the appurtenances and fi•tures, unto the said Heneficiary, its successors and assigns, forever, for
<br />the purposes and sea is and benefits under and by virtue of any Homestead Exemption laws of the State of Nebraska
<br />which may be ena !d Trustor does hereby expressly release and waives.
<br />i Trustor also at>slptt to Hetreficiary a6 rents, issues and profits of said premises, granting the right to collect and use the same, with or without taking possession of
<br />i the prarthim, during continuance of default heteunder, and during continuance of such default authorizing Beneficiary to enter upon said premises and /or to collect
<br />and enforce the same without regard to adequacy of any security for the indebtedness hereby secured by any lawful means including appointment of a receiver in
<br />the name of any party hereto, and to apply the same less costs and expenses of operation and collection, including reasonable attorney's fees, upon any indebted-
<br />nem secured hereby, In such order as Beneficiary may determine.
<br />FOR THE PURPOSE OF SECURING: (1) Performance of each agreement of Trustot contained herein. (2) Payment of the principal sum with interest. as
<br />prodded in accordance with the terms and provisions of a Promissory Note I Loan Agreement (hcrcinaftct referred to as "promissory note ") dated
<br />IMIMT fit tgq(l __ herewith ctcecuted by Trustor and payable to the order of Beneficlrry, in the Principal sum of
<br />$ , and having the date of its final payment due tin , 6a- 2000 -, or as extended,
<br />deferred or rescheduled by renewal or refinance: (3) Payment of dny additional advances, with interest thereon as may hereafter be loaned by Beneficiary
<br />to Trustor in a maximum sum of $ 20,000.47 within 15 years from the date of this Deed of Trust; however,
<br />this paragraph does not constitute a commitment by Beneficiary to make future advances: (4) The payment of any money that may be advanced by the
<br />Bendicisry to Trustor for any reason or to third parties, with interest thereon. where the amounts are advanced to protect the security in accordance with thr
<br />covenants of this Deed of Trust; (5) Any renewal, refinancing, or extension of said promissory note, or any other agreement to pas which may be substituted
<br />therefor.
<br />All payments made by Trustor an the obligation secured by the•. Deedol and shaliced applied said file rcmius$ti9 41r nt a premiums, rcpau +, and all other charges
<br />119ST: To the Payment of taxes and acsescnxente that way g P
<br />and expenses agreed to be paid by the Ttuetor.
<br />S);MND, To the payment of interest duc on laid loin.
<br />THIRD: To the payment of principal.
<br />TO PROTECT THE SECURITY HEREOF, TRUSTOR(S) COVENANTS AND AGREES: (1) To keep said premises insured against toss by fire and other hazards.
<br />cltntalty and contingencies up to the full value of all improvements for the protection of pmeficiary in such manner, in such amounts. and in such companies as
<br />IBeacticiary may from time to time approve. and that loss prowds (less expense of collection) shall, at Beneficiary's option, be applied an said indebtedness, whether
<br />due or not or to the restoration of said improvements. In event of toss Trustor will live immediate notice by mail to the Beneficiary. who may make proof of toss if not
<br />made promptly by Trustor, and each insurance company concerned is hereby authorized and directed to make payment for such toss directly to the Beneficiary instead of
<br />to the Trustor. (2) To pay all taxes and special assessments of any kind that have been or may be levied or assessed upon said ppremises, and to delivery to Beneficiary.
<br />uuppoonn request of the Beneficiary. the official receipt showing payment of all such dues and assessments. (3) in the event of default by Truster under Paragraphs 1 or 2
<br />Move. Papa curly. M its option. may (a) place and keep such insurance above provided for in force throughout the life of this Deed of Trust and pay the reasonable
<br />@r,;t dums pad charges therefor; (b) pay all said taxes and assessments without determining the validity thereof; and (c) pay such liens and all such disbursements shall be
<br />deemed apart of the indebtedness secured by this Oced of Trust and shall be immediately due and payable by Trustor to Beneficiary (4) To pay when due any lien on the
<br />pprro� y.wldch is senior to the lien of Bewfi iary and. notwithstanding any right or option granted by any senior lien or by any senior lienholdet to permit the rincipa)
<br />bassos! of such senior liar to increase. Trustor will not permit the principal balance of any senior Iten to increase above the balance at the time of the making of this Trust
<br />DOW unW this Truri Dad shall have beenpaid in full. (5) To keep the buildings and other improvements now existing of hereafter erected in good condition and repair.
<br />not to commit or Guffef any waste or any use of said premises contrary to restrictions of record or contrary to law, and to permit Beneficiary to enter at all reasonable
<br />tiow for the purpose of inspecting the pretmso; nul.to teirlove or demolish any building thereon; to rc^.torc promptly and in s ^t;--d and workmanlike manrter -airy
<br />buildup which may be datnagad or destroyed thereon, and to pay. when due, all Claims for labor performed and materials furnislte8theretor; (6) That; if a signer of the
<br />Ptomisa my Note. he. will pay, promptly the indebtedness secured hereby, and perform all other obligations In full compliance with the terms of said Promissory Note .
<br />and thla Detdof Trust. (7)That the titneof payment of the indebtedness hereby sccured,.or of any portion thereof. may be extended or renewed, and any portions of the
<br />eiri .d ' - it M ttii *11115uraetit�, to rtfeam3 from the iim hereof. without reJz: sins v+ ,ffi�t,r*g ti a p�;tut:: l;attitity of any persen Br the ptsority c:! tin _
<br />Dad of Trust. (8) That he does hereby forever warrant and will forever defend the'title and possession thereof against the lawful claims of any and all persons
<br />whatsoever.
<br />IT IS MUTUALLY AGREED THAT: '
<br />(1). Should Trustor fail to -make arty payment fit do any act as hcton tro+tded, art it any 41.1 -11 or t�naccdtne is conmeaccd %loch initcrully :11teL1%
<br />Bepeficiaty's interest in lice Premises, then llcneticta3y o1 Trustee, but without obb,,"tion to dc, so -Mid m.ith.•ut notice to of demand rebore Trustor. anil
<br />tvithout releasing Trustor from any obliption hereuntlet, may make of do file ,ante, and may- PaY. purchase, 1o'itco tit contpr „nine any encumbrance. hdr__g,c
<br />of lien. which in the judgment of sinter appears to affect said property; and in esct.•t,iig soy eu,h 1Notecrs, rmut dny Whptty and upend uliateect .unount, rn
<br />the absolute discteticn of Beneficiary of Trustee either ntay deem necessary therefor. All come err encutre,t err ctipendcd by Itcncdctary 1•r TruUer ,'rail 11e
<br />without demand imracdiAely due and payable by Tru%lor• 01311 beat lntetcst at the hylic4t roe permitted by 1aa. and %Iwil t•,• ,:r, nrcd liewhy
<br />(Z) Should the Prmiw% of any-part thereof (r taken by tcason of Lilly cetidcr,ln..twrr pr,kc,dtt :: PCnrir,tat; 01.111 tee cnr2tlrd t•• ell :•,nq .u.ea•ir, .n%ard5
<br />and other poymcnf, therefor, and to apply the % arace oo tits indebtedncsc cecumd hcicby.
<br />(3) ►ty accepting payment of any surer hereby secured after its due date. or Atcr cite film-, of i-ii,c 1.1 rt:f.o,tt ald „t c1c, 11 "t, 1•, sill• ,icnchltny 0, 111 aw
<br />avaivedlv.ri{tlat to require prvmpi p4yitcnt %hen due. ot.atl other unnc so cccutcd,.or fo de,l.,fe (1, . t tor `.nture i, ,;, {•dv, 1 t•r,rc,t uidr +6c '.de lister
<br />any such notice (if default and of civolon to sell. for .rny unpaid balance of card irdebte,ln,,: Ii tict,eh,r +.» hoki..n,c ,ddifi •u : �,unle li;i 3iit .Itir.,lr ti
<br />sccutcd hcichy, it Limy enforce tfic sett thetcof m i1. option. either before. , r,ntcml•or.,ncna,t. earth, • •1 ,J 1, r ;!,c ,3b• w 1rr nb 1' t, .nufr r
<br />a6.04�4 INEV. to•691 NC GUMCrtAL 01Vrty LAW
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