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<br /> DE�D 4F TRUST W17d•1 Ft3TUR� 14DVANCES °�o
<br /> 7i�iS DEED O�TRUST,ie mede es of the 15� dey of `7�uaxY , t s 99 ,by and amonp�
<br /> M,c�'
<br /> the Trvator, �RGINIA. 1QBHLS 3.nd Z,BLAND R Y3SFiI,S, HC7SEAPID A13D WZFS
<br /> whosa meiiinn addrosa is E22 W 7TH GRAND ISLAND I4S 6880���13Tru�tor,'whether one or more),
<br /> tha Truttee, ' TF� OVBRI,AND 2u1TIONAT, B�ANK OF GRAND ISLAN'J
<br /> whose maif'mp eddress is P O BOX 1688 ' GR3itID ISLP�ND IJB 68802 (herein 'Truatee"),a�d
<br /> the Benefieiary, Tf� OVBRI.3\ND IdATIOIdAI, EIANK OF GRF,PTD ISId1ND
<br /> whose mailinp eddress is P 0 BOX 1088 G_2Rr7D TS7�AN5.i NFs 68802 (hetein'Lender'1.
<br /> FOR VALUABLE CONSIDERATION,includ'np Lendet's axtension of aedit identi('rod herein to VIRGINIA NHHLS
<br /> LSLAND R NEFiLS �
<br /> (harein `Borrower',whether one or more) a�d the truat herein created, the
<br /> recnipt of whicfi is hereby Aeknowledped,'Trustor heraby irctvocably grr.�tt,transten,convoys end sssipnt to Truetee,IN TRUST,WITH
<br /> POWER OF SAL'�, !or the benefit and security of Lender, �nder end subject to the tertns end cx±nditions he�einefter se! forYh, the real
<br /> property,described ac iellows:
<br /> The Southerly gighty One and One Tenth��i) Feet of Lot
<br /> Six (6) , in Block FourT_een (14) , in H. �i•Clark's Addition to
<br /> the City of Grand taland, Hall County, Nebraska.
<br /> PROPERTY ADDRfiGS: 822 W 7TH GRAND ISI+AND, NB 68801-4202
<br /> Toyether with ail buildinpa, improvementa, fixtures, streets, alkys, passapeway�, easements, riyhts, pr'rvilepee a�d eppurtenences
<br /> lacated thereon�r in enywine perteininp thereto,and the rentt,isauas end profite,reversans end ramainden thereof,end such personal
<br /> property that is attached to the improvememts so as to ca�stitute n f'ncture,v�cludiny,but not I'united to,heatinp end coolinp equipment;
<br /> a��d topether wiih the homestead or mari4al interest�, if any, whieh 'v�terests are hereby releesed and waived; ell af whioh, ineludinp
<br /> replaeoments an�additions thereto,is hereby declared to be a part of tfia roal estate sacured by the lien of thia Deed of 7rutt and a!I of
<br /> the foreqoinp beinp reterred to herein es the'Property'.
<br /> Thia Deed of Trust ehelt secure 1e)the psyme�t of the principel sum end interest evidenced by a promisaory note or cre81Y
<br /> � ''.
<br /> eprseme�t dated JanuH 15 1999 \
<br /> rY � ,havinp o msturity date of Janusiy 15, 2004
<br /> in the oripinel principal amount of A 37,173.25 , and any end all modificetions, extonsiona end tenev+als
<br /> therenf or thereto and eny and all iuture advencee and reedvances to Borrawer(or any<ot them if more than one) hereunder pureuent to
<br /> ane or more promissory notes or eredit apreementa{herein called "Note');(b)the payment ot other auma advanced by tensler to pratect
<br /> tho eecurity of the Note;(e) tfie parform_r..:e of al!cove�antE end s9reements of Truetor set forth herein; and (d1 aU presant and future
<br /> indebtedness end obliQationa of Bortowar (or any of them if more than ono) to Lende►whethx direct, indirxt, absolute or continqent
<br /> and whother erisinp by note,pueranty,overdnft or othervrise.The Note,this Deed o1 Truet end eny end etl other document�thet seeure
<br /> !he Note or othervvise executed in co�nection therewith,includinp without Grr�tation puarontees, sscurity apreements and essipnments
<br /> of leaces and rents,ahatl be reforred to herein as the'Loan Irsstniments'.
<br /> Trvetor cnvena�tr a�d eflroes with�ender aa fotbws:
<br /> 1.Paymsnt of Indebtsdt►�sa.All'sndebtednosa secvred hereby shall be paid when due.
<br /> 2.Ti41o.Trustor ia the owner of the Property,hes the ripht e�d authority to convey t�e Prop�rty,and werrants thet tho lien creatad
<br /> hereby is a firat and prior lien o�tfie Pc�psr•,y,except far liens end encumbrancea set forth by Trustor in writinp and d3';�ared to Lender
<br /> bofore execution of thia Deed of Truat, snd the executiort end delivery of this Daed of truat does not violate any contraM or other
<br /> obfiqaticn to which Trustor is su5ject.
<br /> 3.Texes.AasesarraMs.To pey beFora dolinquency ell texes,speeia!assescments and etl other char�ea apairtat the?toperty now oc
<br /> hereaftet►evied.
<br /> �4. Innirance.Ta keap the Proparty insured epnmot damaqe by fire, hazerda, 'a�cluded within the term "extended eoverayo', and
<br /> s��ch other hazards as londer may rsquire,m amounts�d with compenies ecceptable to tender,neming Le�der as an edditional named
<br /> 'snsured, with loss payable to the Lender.in caQe of loss under such polieies,the Cender is authorized to adjuet,coifect end eompromise,
<br /> aN eleima thereunder er.d:halt have the option of epplyinQ ail ar pert of the insuranee praoeedo(i)to eny indebtedneas te�,ured hereby
<br /> and in sueh order as le�dar may dstarmine,(ii)to ihe Tn:star ta be uaed for the repair or res4oretion of the F'ropstty or(iii)for any other
<br /> purpose or object¢atisfactory to Lemder without affxtertp the iien of this Deed af Tr�st for the fup amount securod hereby before such
<br /> paymmt ever took place.Any epp!icatian of proaeseds to mdabtedneas sha�l not extu�d or postpane the due dato of m�y peymente under
<br /> m
<br /> the tJote,or cure eny defevFt thereunder ot herwnder.
<br /> 6.Eeuow.Upon written damand by Lxede►,Tructor�fiall pay to Lender,in such manner n Lender mry desiynate,wfficient sume
<br /> to eneble Lender Yo pay as they beeome due one or mora of the foltorvinp: (1 all taxe�, essessment� md athx ehaiqes rpeinet the
<br /> Property, {t�the�remnema on the propotty"a�wrance requrced hmeunder,and ("np the premium��n any mortpags insurenca required by
<br /> Le�dar.
<br /> 9• �Vldntenonas.Rapslrs�nd Compiix�os with tsw:.Truttor ehell keep the Properiy in qood condition end repair; ahalt promptty
<br /> repair, or roplece any 'vnprovement wn;.d� may be dameflad or destroyed; sheq not commit or pertnit any wss!o or deterioretion of the
<br /> Property; shat!not ramove,d�nori.-}+�;substantialty sttsr eny of the improvements a,i the Property;ehaN not comrrsit,suffer or punnit
<br /> any eet ta be done in or upon the Property in viols4ion of eny lew, o�d'e�ence, o►rs�ulation; and ahsi' pav►-� promptfy diecha:pe at
<br /> Trustor'�r cost and expenee all E'iovis,encumbrsncas and ehsrpeo Iwied,imposod or sseessed syainst:he Yropsrt, �r any part tha�eof.
<br /> r
<br /> ?!BC]A67A Wen�pr�plRrd tHadl Aev.72/B7 � � � .
<br /> 0 198B katlarl Bw4 M Cenvewea Tnrt and$�vin0+Awed�tlen.ty�ee4+.N�b/a�ks � . . .
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