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_= OF TRUST
<br />KAN1.ORI S 1: 1 449301845
<br />-; •r• r „ir '•••r••
<br />.iADEZ VINCEM T.
<br />- - •,..aatl -.
<br />90..... 106362
<br />Bt'NUTICIARY
<br />. %To FINANCIAL SURVIVES
<br />MTERNATIONA1., INC.
<br />Ifs tcss
<br />1425 NORTH WEBB ROAD
<br />nR EAST TENTH GRAND ISLAND NE - __§1801_j GRAND ISLAND , NI BRASI:A
<br />Io99— �,beu%een�?S11iC M T► N)
<br />= pI:ED OF TRUST, Made thin ��_ day csf�0� - - -• and rr ay *f t'M�s -s
<br />T,:; called TRVSTOR, whose addreu it-40-4--UST T s-
<br />_ , hereinafter called TRUSTI I ,whose addtcsc is 1n6S N 11S $T.YSiIITA aQ
<br />AVCO FINANCIAL sfRVICFS INTI'RNATIONAL, INC.. a nN;bracka cxstpotatton, hereinafter :ailed B1NII ICIARY, whose addtem i%
<br />?5 NORTH WBBB_R91AQa- GRANR_T I.A�IDa- NB ---f Rfl -- --
<br />.iivESSETH: That Ttnstor GRANTS, CONVEYS. SILLS AND R ARRANTS TO TR(STI 1. INTRUST, WITH PORT R Ol' SALI', the following described
<br />-;7.1 Y. situated in H_ A,t`T. _T (.•ante, Nebtaska:
<br />Wi=t Two (2), Shar's Subdivision, to the City of Grand Island, hall county, Nebraska
<br />_ = with all buildings and improvement% now or hereafter erected thereon and all careen". assntno. shades. dorm sash and bends and heating, lighting,
<br />electric, ventilating, refrigerating and air- "tirrditionine equipment uxd in rctnnc, tern ;5 :zewuh, all of whi:h. ti.r the purpose of this Deed of
<br />Fust,'shall be deemed fixtures and subject to the lien (teas•f, and the hereditament% an, a-rNc +�: pertaining g the property above described, and all
<br />lanes alleys, passages, ways, seaters crater courses, right-, libcnics and rrhilc►e� ,,lxr�,vcrcr trig,
<br />belonging ur in arrywisc appertaining and the
<br />and rcmaiaders, all of which is referred m hereinafter ac the "premises'.
<br />-F, HAVE AND TO HOLD the above - des' :abed premises, with the appurtenances and fixtures, unto the 'aid Beneficiary, it- succescon and assigns forever, for
<br />t+urpw -is and uses herein set fortA, tree ftom all rights and benefits under and M virtue of any %L- ifsestead Exemption Lase- of the State of Nebraska
<br />=-- may be enacted, welch said rights and be the Said T(ustOr does hereby expressly release and wutkes.
<br />also as*m to Beneficiary all rents, issues and profits of said premises, grentin� the right to collect and use the same, with or without taking possesion of
<br />r"` ctr)isw dutirs6 w..�rt.:>"t: of defaui! herr!!n tPr, and during continuance of such default authoriring Beneficiary to enter upon said premises and or to collect
<br />' enforce the same scithout regard to adequacy of any security for the indebtedness hereby secured by any lawful means irwludhig appoint ment of a two es, in
<br />mirne of hereby, in hto. an as Beneficiary the
<br />y may determine. and experses of operation and collection, including teasonable attomey ss fees, upon any indebted -
<br />rest. as
<br />THE PURPOSE OF SECURING: (1) Performance of each agreement of Ttuslor contained Agreement Re421 p )menteof a principal sum with irate) dated
<br />in accordance with the terms and provisions of a Promissory e
<br />OCTOBER 22, 1990 herewith executed by Trustor and payable to the order of �B.senoffciary. in the Principal sum of
<br />12. nno 2 and having the dare k t icy final payment due on ] 0�2y�nn� n -- or as extended,
<br />of rescheduled by renewal or refinance; (3) Payment of an} additional astvames, with interest thereon as may hereafter be loaned by Beneficiary
<br />f�On 2a within 15 years from the date of this Deed of Trust; however.
<br />Trustor ni a maximum sum of S �. s
<br />aragraph does not constitute a commitment by Beneficiary to make : at. re afikances. W) The payment of any money that may be advanced ii the
<br />°-
<br />_ :r to Trustor for any reason or to thud parties, with interest thereon, where c a amounts are advanced to protect the secudty in accordance with the
<br />_ean<.rs of this Deed of •Entst; (5) Any renewal, refinancing or extension of said r-•o ^.ksory note, or any other agreement to pay which may be substituted
<br />Lpaytztcsrls .a :ie ?, Les s - n :he obii.attun .geared b} thn Deed of I rust shall it applied in the tollossmg order.
<br />FiITSt. II'a :[re k?, ^;at r- �.•4..',uN ation %c ui that may be lekiad —J accessed against said prenitwi. insurance premiums, repair,, and all other charge%
<br />' eapr;raes awed :'r• re );;et 'sv `:lie Lninror:
<br />SCt1�%15 a }-re -` -vf lue on said loan.
<br />Li L1iLY: To the 1?5 s +'r :f pain:ra.
<br />e.ut P907ECT THE SECC11:1krry i IEREOF TRUSTOR(S) COVENANTS AND Asa1iC-La: (t) To keep said premises insured against loss by fire and other harards,
<br />and contingencies up to the Cr&.. xa.}rse of all improvements for Jae Protect= of 2eneficiary in such manner. in. volt amounts and in such companies as
<br />- :. may from time tontine act rrr.and that loss proceeds (less eap�r of collection) shall, at Beneficiary's option. be applied on said indebtedness. whether
<br />y !as nm..a t to the mtoratioo of s o rriaoements. In event of loss Tr").v orli give immediate notice by m Lil m the Beneficiary, who may make proof of loss if not
<br />.= Fttam{sJy by Trustor, and each iturfrariLe company concerned is here%) .Lujitorized and directed to mule payment for such loss directly to tire Beneficiary instead of
<br />.a: t9re2ri r. (2) To pity all taxes and tpr�al assessments of any kind that:tns• a been or may be levied cr atiV:<.sctif upon said premises• and w d6very to Beneficiary,
<br />vpr)u r isest of the BeaeM.ary. the official receipt showing payment of aU such taxes and ammears. •f 3d 1.h, Fite event of dd`zwt by Trusi'er under Paragraphs 1 or 2
<br />-. 11liciny, al cm•cption. trey (a) place and k such insurance above provided farin I.;rttz.4traagltuat the fsfe of Hsis f3e:d of Truat and pay the reasonable
<br />. keep
<br />tJi¢efar, (b) payr all said tortes and assessments without determining the rNitiity thereof and (c) Ray stxdn litres and ail such disbursements e
<br />— `'s part of the ittdelTCedness socared by thss Iked of Trust and shall be immediately due anti payable by Trustor to Bendvdrrrg C4)To pay when due any lien on the
<br />prz p , i which is senior to the Gen of Beneficiary and, notwithstanding any right or option gwt:G^t by any senior h D
<br />en or by any. ior henhokta to permit the principal
<br />baf resat o8sut b senior Gen to increase, Trtsstor will not permit the principal b. Lxirse of any senfor'ren to istcrmum above the Bal2v= at'rh= ataa Of the Foaling of this Trust
<br />t7eeri uirtil this Trust Dad slia6 have been paid in full. (5) To keep the bui[dtaEts nod other improvements rrou eruting or heraWler eratisi in£,orad condition and repair.
<br />not to commit or suffer any waste or any use of said premises contrary eo re<tiityfons of record or co=uy ti? Ilan, and in'prnnst agveficimry: to enter at all seasonable
<br />an
<br />times for the purpose of inspecting the premises: nor pro rt�sinre or demoli<k racy building thereon; to raixtim promptly =dt in a. good d workmanlike any
<br />biti7dings which may be damaged or destroyed thereors, atad to pay, when due, all claims for UW37 performed and materials fwntshed therefor. (6) That, if a sigpmr of the
<br />Promissory Note, he wiG pay. promptly the indebtedness stxvred hereby, and perform all oiitff obligations in full compliance with the terms of said Promissovl-Note
<br />and this Deed of Trust. (7) That the ame of payment of the indebtedness hereby secured, or of any portion thereof, may be errcuded or renewed, and any portions of the
<br />premises therein described ma .without notice, be released from the Gen haeof, without releasing or affecting the personal liability of any person or the priority of this
<br />Decd of Tmsi. (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 />11) Should Tnistor fail to make any payment or do .my act a, herein id -d or if arty action or pntcading w commenced which mateiall} affects
<br />Beneficiary's interest in the Ptcmtces. then Beneficuty or Trustee. but uit9uui ubiiyatlon to der co. and without notice to or demand upon Trustor, and
<br />without releaung Trustor from any obligation hereunder, may make or der the %ante. and may pay. purchase, contest or compromise ant encumbrance, charge
<br />or lien, which in the judgment of either appears to affect cad property. and to exercising am such powers, incur any lability and expend whatever amounts in
<br />the absolute discretion of Beneficiary or Trustee either ma> deem necesctn therefor. All cams co incurred or expended by Beneficiary or Trustee shall h
<br />without demand immediately due and payablc by rru.rnr. %hall has interest at the hichcat rate permitted b% taw. and %hall be secured hereby.
<br />(2) Should the Premises of toy part thereof be tal.en t•y reas.•n .d any sondemnauon procecdmt•, Bencfictary .Pali tse entitled to all compencatton, awards
<br />and other payments therefor, and to apply the ur.•.c .•n th; indchrcdntss catred hcrcb%.
<br />(3) By acccpring payment s•f any sari hereby secured alter its due dlle..'r after the Wine of n,mce ..f default ani of rtern. n n, sell. Bencticury shall .rot
<br />wane tic tight to require prompt payment %.hen due .•9 all ..tea sums ,.. wwred. ••r to declare default t •r faiiLsfl: o ,.. pay. ••r n. pro'Ned with the sale under
<br />%scared hetehy� it of ma) enforce the tilt t h re. t itlltr, . pion. unpaid
<br />redo before. aid n p nrJne.etsh`wrh: e.4r �ri� h, tic sc made hereundct my for ant .kbturrn••n
<br />26.047• [REV t0•a,l NE IaENERAt USURY LAW
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