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' dofyowers (Frtrstors)uMersbandthatlMdoctn <br />•- kf6lUtif _ iR+ JlTtrtytlxOV4lMalt�ttli�N )[dN(l�t <br />• peedd T'r0it tnctodifrp, but nsl li)wited to. iAe Lend <br />f fetlrasefMaMStaerrintefpttllte�trs <br />laff"Molgel andthatthepvtwratiaa provldW <br />RHgMtandaDHgd)onetotha 8onclihrathena hloftgapp tnfhaewMotarlatauNabrweh 0101INgatlan tal4a►tM <br />ws riot to.have this Rni Property sold by fhd TIMM rithaut shy (i)dt W POCMing Or toract0aun- OMM1hes - — <br />Paxaeufedbythera- 1— tlrsliecutfbftafeheo"66ITired <br />PREFACE TO DEED OF TRUST <br />-- tSdiArlt? E1Tis�ergwrCiRriilhrteefpreptytneeii p -jib ofUNWi MALLYOWMWAtiAfMTURALLAMD - <br />It apples M, cl aeplNe ONLT 011E tllYter A, D. w C: <br />O A. DgaAWMOFMMTTODNKWATEHOMESTEAD: <br />Tfterferrawer (s)acknowf�dpelfiattheyan ebouttoexecutethefo8ovring DeedafTrusluponlMreetestatedeseribedtttenin . ?Mearrawer(s).andesctr0lthem N <br />' w4mW4noM. dohirebydiscteimtheirrighttodesignat eahomesteadpursuantthereto. Nopart ofthehomestesdofelftroltheDono lor(s)isprgent)yorwillinthe <br />fuWmbesiluaMduponsaidisO slate. TheBortoeer( s) understandthatHeitherfMablishesahomeftodonanypartofsaidrealestoteduringthetimetheOsedofTnat <br />remains unsatielbd ands lion upon said real estate,thereshallbenoright tomake a designation of homestead in the eventofa torectoauraortnlstee 'ssate with respect to <br />OW Deed 01 Trust <br />Q D. WAMM OF MOHT TODESiANATE HOMESTEAD: <br />The BMtower( s) acknowhml" lhattheysreabouttoexecutethetottowingDeedofTrustupontherealestatedescribedtherein TheBorrower(s),andescholthernif <br />more than one, do hereby waive their right to designate a homestead pursuant thereto. The Borrower(s) understand that they have the right to make a designation of <br />"hon M eodandMotbyexeeutingthiswaiver. theyarewsivingrightsotherwiseavaitablefor thepurpossofaffordingthemtheopportunitytofetaintheirhomesteadiathe <br />event of a default upon the Deed of Tnist. <br />O C: DESMATfOM OF HOMESTEAD: <br />Pursuant to the Farm Homestead Protection Act (Section 7 6-1901 et seq. Revised Statutes of the State of Nebraska), the Borrower(s)• do hereby designate the feat <br />properly described In the "Designation of Homel l W* attached hereto and incorporated herein by this reference. <br />Borrower <br />r Borrower <br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION <br />THIS DEED OF TRUST. is made as of the AIA.Y of je?t Emt �e? rig 212) _ . by and among the Trustor,Pobe. rt A. i ly i ed fe It <br />& Betty Niedfelt husband and wife _. wnoser^admgaddressts it. •r` Box 191, Grand Islands <br />Nebraska ----(herein "Borrower'). the Trustee �p yt t of' Do n i. hart <br />whose mailing address,$ At_ Doniphan, TIT. 61 3 2 (herein "Trustee"). <br />_.— _ - - - -- — <br />andthe BerNficlary. Bank of Doniphon., ...... whose mailing address rs (herein "Lender") <br />FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and trust herein created. the receipt of which is hereby acknowledged, Borrower <br />hereby irrevocably grants. transfers. conveys and assigns to Trustee, IN TRUST. WITH POWER OF SALE. for the benefit and security of Lender. under and subject to the <br />forms and conditions hereinafter set forth, the real property. described as follows <br />The :Je sterl Fi?;hty —three ('3) Feet o f' the 1sa st erly . fin 1 f' (] 1) of i3Zot^k <br />Sixteen (1.6�, of Windolph's Addition to Grand Island, Trail County, <br />Nebraska. .• <br />Together with all buildings, improvements, fixtures. streets, alleys. passageways. easements. rights. privileges and appurtenances totaled thereon or in anywise <br />pertalning Iharsto, and the rents. issues and profits. reversions and remainders thereof, including. but not limited to, heating and tooting equipment and such personal <br />property that is attached to the improvements so as to consbtuto a fixture; and together with the homestead or marital interests, it any. which interests are hereby released <br />and waived: allot which, including replacements and additions thereto. Is hereby declared to be a part of the real estate secured by the [ten of this Geedof Trust end allot the <br />foregoing being referred to herein as the "property' <br />This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by Borrowei s note and/or credit agreement dated O • em + <br />E'• T' <br />7 ��7 having a maturity date of 5f-, 1..s nt .._ -.199.7 _. _ , in rho original principal amo,nt of $1, � . '!T7.• T7 _grad any and all <br />t--- <br />modifications, exfensidns and ronowalsthereof pr thereto and any and an fulure advancesand readvances nereunder pursuant to one or more promissory notes oreredit <br />agreements (herein called' Note "). (b) the paymonlof other sums advancedby Lender to protect the securely of the Note. It) the perfotmanceall covenants and agreoment <br />of Borrower set forth herein: and (d) all indebtedness and obligations of Borrower to Lender whether direct. indirect, absolute at contingent and whether arising by note, <br />guaranty, overdraft or otherwise <br />9QrrpZr.! oProtect f e -e .rur y n !h!e Dead a! = ove ti e erdsnett eery,r. b ee w as folle -4 . <br />. , <br />I. F rymenfofPrMeipalandtntereit. Rorr" Orshallpromptlypaywhenduotheprincipalofandintereston. andanyfeesOrchargesprovidedin ,theNote&inIbis <br />'heed of Trust <br />? TItMBorroweri9theowneroftheProperty, hastherightandauthoritytoconveytheProperl y. andwarrantsthattheliencreatedherebyisafirstandpriorlienon . <br />the Property, except as may otherwise be set forth herein, and the execution and delivery of this Doed of Trust does not violate any contract or other obttgatipri to which <br />` Borrower Is subject. <br />L3, Texas. AssMsmanls. To pay when due all loxes. special assessments and aft other charges against the Property and, upon written demand by Lender. to pay to <br />Lender such amount as maybe sufficient to enable the Lender to pay such taxes, assessments or other chargell of they become due. <br />S. tesufsflG: TOIteep the PrOpefty i6sur40416911n1f damago by fire, hazards Included within the term "extended covaysp, -. and suer other hazards as Lender may <br />requua. in amounti and with eompanirs aceepta bite to Lender, and vntn rest payeele to rive Lender, in else of rose under bud" 06116166, me Lender t6 aum6rlted to adjust. <br />collect and compromise, aft claims thereunder and shall have the option of applying all or part of the irisurance proceeds (t) t0any indebtedness secured hereby and in such <br />order as Lender may determine. (i) to the Borrower to he used for the repair or temorahon of the Property or (iii) for any other purpose or object satisfactory to Lender <br />without affecting the lion of this Deed of Trust for the full atriourit secured hereby before such payment ever took place Any application of proceeds to indebtedness shall <br />not extend or postpone the due date of any payments under the Note. orcate any delaiilf theieundei or'Heredhildi ' <br />S. Maintenance Repairs and Compliance with Laws. Borrower shall keep the Property in good condition and repair, shall promptly repair• or replace any <br />lmprovemnnl which may be damaged or destroyed. shall not commit or permit any waste or deferioraflon of the Property. shall not remove, demelish or substantially alter <br />8ny of the improvements on the Property, shalthot commit, suffer or permit any act to be done in or upon the Property in violation of any law, ordinance. or regulation. and <br />shall pay andprompity dischargo -al Borrower's cost MCI expehtrr all lions. encumbrances and charges levied, imposed or assessed against the Property of any part thereof <br />I <br />n <br />,f <br />r <br />1�3' <br />1 _ . <br />laff"Molgel andthatthepvtwratiaa provldW <br />RHgMtandaDHgd)onetotha 8onclihrathena hloftgapp tnfhaewMotarlatauNabrweh 0101INgatlan tal4a►tM <br />ws riot to.have this Rni Property sold by fhd TIMM rithaut shy (i)dt W POCMing Or toract0aun- OMM1hes - — <br />Paxaeufedbythera- 1— tlrsliecutfbftafeheo"66ITired <br />PREFACE TO DEED OF TRUST <br />-- tSdiArlt? E1Tis�ergwrCiRriilhrteefpreptytneeii p -jib ofUNWi MALLYOWMWAtiAfMTURALLAMD - <br />It apples M, cl aeplNe ONLT 011E tllYter A, D. w C: <br />O A. DgaAWMOFMMTTODNKWATEHOMESTEAD: <br />Tfterferrawer (s)acknowf�dpelfiattheyan ebouttoexecutethefo8ovring DeedafTrusluponlMreetestatedeseribedtttenin . ?Mearrawer(s).andesctr0lthem N <br />' w4mW4noM. dohirebydiscteimtheirrighttodesignat eahomesteadpursuantthereto. Nopart ofthehomestesdofelftroltheDono lor(s)isprgent)yorwillinthe <br />fuWmbesiluaMduponsaidisO slate. TheBortoeer( s) understandthatHeitherfMablishesahomeftodonanypartofsaidrealestoteduringthetimetheOsedofTnat <br />remains unsatielbd ands lion upon said real estate,thereshallbenoright tomake a designation of homestead in the eventofa torectoauraortnlstee 'ssate with respect to <br />OW Deed 01 Trust <br />Q D. WAMM OF MOHT TODESiANATE HOMESTEAD: <br />The BMtower( s) acknowhml" lhattheysreabouttoexecutethetottowingDeedofTrustupontherealestatedescribedtherein TheBorrower(s),andescholthernif <br />more than one, do hereby waive their right to designate a homestead pursuant thereto. The Borrower(s) understand that they have the right to make a designation of <br />"hon M eodandMotbyexeeutingthiswaiver. theyarewsivingrightsotherwiseavaitablefor thepurpossofaffordingthemtheopportunitytofetaintheirhomesteadiathe <br />event of a default upon the Deed of Tnist. <br />O C: DESMATfOM OF HOMESTEAD: <br />Pursuant to the Farm Homestead Protection Act (Section 7 6-1901 et seq. Revised Statutes of the State of Nebraska), the Borrower(s)• do hereby designate the feat <br />properly described In the "Designation of Homel l W* attached hereto and incorporated herein by this reference. <br />Borrower <br />r Borrower <br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION <br />THIS DEED OF TRUST. is made as of the AIA.Y of je?t Emt �e? rig 212) _ . by and among the Trustor,Pobe. rt A. i ly i ed fe It <br />& Betty Niedfelt husband and wife _. wnoser^admgaddressts it. •r` Box 191, Grand Islands <br />Nebraska ----(herein "Borrower'). the Trustee �p yt t of' Do n i. hart <br />whose mailing address,$ At_ Doniphan, TIT. 61 3 2 (herein "Trustee"). <br />_.— _ - - - -- — <br />andthe BerNficlary. Bank of Doniphon., ...... whose mailing address rs (herein "Lender") <br />FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and trust herein created. the receipt of which is hereby acknowledged, Borrower <br />hereby irrevocably grants. transfers. conveys and assigns to Trustee, IN TRUST. WITH POWER OF SALE. for the benefit and security of Lender. under and subject to the <br />forms and conditions hereinafter set forth, the real property. described as follows <br />The :Je sterl Fi?;hty —three ('3) Feet o f' the 1sa st erly . fin 1 f' (] 1) of i3Zot^k <br />Sixteen (1.6�, of Windolph's Addition to Grand Island, Trail County, <br />Nebraska. .• <br />Together with all buildings, improvements, fixtures. streets, alleys. passageways. easements. rights. privileges and appurtenances totaled thereon or in anywise <br />pertalning Iharsto, and the rents. issues and profits. reversions and remainders thereof, including. but not limited to, heating and tooting equipment and such personal <br />property that is attached to the improvements so as to consbtuto a fixture; and together with the homestead or marital interests, it any. which interests are hereby released <br />and waived: allot which, including replacements and additions thereto. Is hereby declared to be a part of the real estate secured by the [ten of this Geedof Trust end allot the <br />foregoing being referred to herein as the "property' <br />This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by Borrowei s note and/or credit agreement dated O • em + <br />E'• T' <br />7 ��7 having a maturity date of 5f-, 1..s nt .._ -.199.7 _. _ , in rho original principal amo,nt of $1, � . '!T7.• T7 _grad any and all <br />t--- <br />modifications, exfensidns and ronowalsthereof pr thereto and any and an fulure advancesand readvances nereunder pursuant to one or more promissory notes oreredit <br />agreements (herein called' Note "). (b) the paymonlof other sums advancedby Lender to protect the securely of the Note. It) the perfotmanceall covenants and agreoment <br />of Borrower set forth herein: and (d) all indebtedness and obligations of Borrower to Lender whether direct. indirect, absolute at contingent and whether arising by note, <br />guaranty, overdraft or otherwise <br />9QrrpZr.! oProtect f e -e .rur y n !h!e Dead a! = ove ti e erdsnett eery,r. b ee w as folle -4 . <br />. , <br />I. F rymenfofPrMeipalandtntereit. Rorr" Orshallpromptlypaywhenduotheprincipalofandintereston. andanyfeesOrchargesprovidedin ,theNote&inIbis <br />'heed of Trust <br />? TItMBorroweri9theowneroftheProperty, hastherightandauthoritytoconveytheProperl y. andwarrantsthattheliencreatedherebyisafirstandpriorlienon . <br />the Property, except as may otherwise be set forth herein, and the execution and delivery of this Doed of Trust does not violate any contract or other obttgatipri to which <br />` Borrower Is subject. <br />L3, Texas. AssMsmanls. To pay when due all loxes. special assessments and aft other charges against the Property and, upon written demand by Lender. to pay to <br />Lender such amount as maybe sufficient to enable the Lender to pay such taxes, assessments or other chargell of they become due. <br />S. tesufsflG: TOIteep the PrOpefty i6sur40416911n1f damago by fire, hazards Included within the term "extended covaysp, -. and suer other hazards as Lender may <br />requua. in amounti and with eompanirs aceepta bite to Lender, and vntn rest payeele to rive Lender, in else of rose under bud" 06116166, me Lender t6 aum6rlted to adjust. <br />collect and compromise, aft claims thereunder and shall have the option of applying all or part of the irisurance proceeds (t) t0any indebtedness secured hereby and in such <br />order as Lender may determine. (i) to the Borrower to he used for the repair or temorahon of the Property or (iii) for any other purpose or object satisfactory to Lender <br />without affecting the lion of this Deed of Trust for the full atriourit secured hereby before such payment ever took place Any application of proceeds to indebtedness shall <br />not extend or postpone the due date of any payments under the Note. orcate any delaiilf theieundei or'Heredhildi ' <br />S. Maintenance Repairs and Compliance with Laws. Borrower shall keep the Property in good condition and repair, shall promptly repair• or replace any <br />lmprovemnnl which may be damaged or destroyed. shall not commit or permit any waste or deferioraflon of the Property. shall not remove, demelish or substantially alter <br />8ny of the improvements on the Property, shalthot commit, suffer or permit any act to be done in or upon the Property in violation of any law, ordinance. or regulation. and <br />shall pay andprompity dischargo -al Borrower's cost MCI expehtrr all lions. encumbrances and charges levied, imposed or assessed against the Property of any part thereof <br />I <br />n <br />,f <br />r <br />1�3' <br />