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<br /> � � DE�D OF TRU8T �.�_:.- -
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<br /> • • �� THIS DEED OF tRU8T,mad�thls_...8� _d�y of January �p __,po�� ___
<br /> . �• -° � ,� Don'o woRL cApitui sarvices xnc. ' asTrustor. ��°- � i�
<br /> � ��.,'"'�"'''T`"�`� FinTlsr 9a�k,Nationel Asaocietfon,O�ha N�braska es Trustee. — _
<br /> F�,;��-�.�,,.�,.�-,�
<br /> �'.. � — Fka7ler 9Ank Netional Aesocietion Omaha W�braske a�Benoflafary: _-..�,►:v.E=�•_:�;.; �:._°
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<br /> ' ° WITNE38ETN: W°=-�-�°°--°°_�
<br /> - � ���N�w�.�..
<br /> � That Truetor i►revocably�rants,t�ansfers a�d essi�ns to T�ustee In Iru41,with power of eate,the followlnp described �� _ - �•-�� •--•- -
<br /> • • property: �_-=—'__��_______
<br /> � ' • Lota One (1), Tw�o (2a. Three (3) and Four (4). Bels second '��''���`���
<br /> ...�..;, ..
<br /> . Subdivision to the City of Grand Tsl�nd, Hall Counry. �Y;�;�•f�=.��:;..
<br /> Nebraska, _ , � r
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<br /> . �� ��r;y�.:� •';n�inf., '
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<br /> �,H;; together with all interest which Trusta� now has or may hereaiter acquire fn and to said roperty and in and to:1a)all �T "
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<br /> � ,, �.�;��;s easements and rights of way appurtenent thereto;{b)all teneme+nta.horeditements,buildln s,structu�es,improvements, , :�-� '
<br /> g r_. , �`;�.,
<br /> f`.`•.��':�•�' • � • tixtu�es,equlpment,turnishingg and eppurtenences now or he�eafter placed thereon;(c)all leasehold estate,�ight title,
<br /> j.��,�,��F;:`::;�,;. ;;;. .and i�terest of Trustor in and to all leases or subleases thereof o�any po�tion thereof now o�hereaHer exist+ng or entered �}�. •,t;��=__
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<br /> , ::,;:�.• � ^;..;y;', 1nto,and a11 rgh1,title,end interest of T�usbr thereunder,i�cluding,without limitation,all cash orsecurity deposits,advance �� � �;*;;,:
<br /> ., ,�: , .. ,r.,.:�,.
<br /> .,�r�.;r;� rentals,and cY�eavsits or peyments oi similer nature,and Q d)all anin•erel.oil,ges rights and pc�'fit.a,water,water�ights,and 4
<br /> '' � ��� . '- '°�°• walsr stxlc.?•:.,cRQ���r�+�tg execute and deilver,trom Qime t�a 1'rme,such further inst�eme�'ts as may be requested by � •:�. "��4� ,�
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<br /> ;•�`,•i;;. ,• ;r�:� Beneficft�ry in form anc! soJastence satisfactory to Qenaficara►} i� �onHrm the Iten of t��s¢�eed of truet on any oi ifie
<br /> ' � , aforementioned property.The propeAy so conveyed to Trustee hereunder is herei�aRer refe►red to as"such property". `,,:..,. _ _
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<br /> , . ,� �:,,:;;�.: The Trustor absalutely end frrevocahly grants,transters end asalg na to Beneficiery the rents,income,issues,end p►ofits
<br /> � ' �''��;�` ot all propehy covered by this Oeed of Trust '�
<br /> ' , , ,-� • ' . ; ��.' �,'''.
<br /> ' • FOR THE PURPOSE OF SECURINCi: • •�
<br /> » :���: . . � .
<br /> � • 1. Peyment ot ihe prfnCipal sum ot Ninety nine th�usand four hundred sevQnty-six
<br /> ' � and BO/100----------(S99 476.80) Dollars------- '
<br /> evidenced by ihe certei�promissory note dated of even date herewith(herefnailer referred to as the"P�omisaory Note") •,�, ,.�
<br /> � �":� executed by ,DOn�s W�gt CaNi tal Services, Inc.
<br /> � in safd amount end pay�ble to the order of 8eneficiary maturing on January s, 1996 ,
<br /> . together with interest thereon,late charges,and prepayment bonusea accordfng to th8 terms of the Promissory Note ;;�,.
<br /> ''.t","`� end all renewels,extenslons,and modifications thereof.
<br /> , ,�,,;, • .
<br /> � 2. Pe�formance,discharge of and complfence with every obligation,covenant a�d agreement of Trustar Incorporated by ����•�"
<br /> . reference or contained herein or in any other securlty agreement or deed of trust at any time given to secure eny
<br /> indebtedness hereby secured,or any part thereof. , � , .
<br /> . .. ;,'r;':'.,'
<br /> f , 3. PeymeM m�all tees and aharges of Beneticiary or Truetee,whether or not set forth hero�n. :' �;,�,,':': �.
<br /> . . , • . . ,�� �;5 • '
<br /> ' TO PROTECT THE SrtCJ1JRITY OF THIS DEED OF TRUST,TRUSTOR COVEIVANTS: , , '•: i "'
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<br /> ;•, . ;, '•
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<br /> •"�' � ' TITLE:That it�s lawt�lly seized and possessed of a good and indefeasible tiUe and eatate io all of such property in fee .
<br /> ;;�.yj ' .���<`';':�' simple Iree hom any pr�or lien or encurnbrance,has good righu and lawful authority ro convey the seme,and wlll forever . ,
<br /> ;,,•;, , warrant and defend the t�t[e tnereto against the c�aims and demands ot all persons whosoever;that it will,at its expense,
<br /> ; ,��7�.::.: • maintein and preserve the i'.en ot this Deed of Tru�t�s a tirst end paramount Nen upon such property.
<br /> '� MAINTEWINCE.To�ceep suah Rr��yeRy in good conditfon and repair,to complete or reatore promptly and in gOqd and '
<br /> . workmanlifc�mnann2r any building+�,�T:�h may be constructed, cta���aged or destroyed thereon and to pey,wherr du�all
<br /> i claims tor taC�cir perlormed a�d mau�nat s furnished therefore an d f�o*�any alterations ther�t;to comply with the�o+ns+�s
<br /> ef all insurance pol�c�es o�vering said premises,to comply w�rh ai�raws,ardinances.regulations,covenants,cc�rcdrfions
<br /> • and rest��ctions attechr�g 5uch property;not to remove,demolish or macerially�Iter a�y building,or me char�cter or use
<br /> .. .w..e..r e....,.�«.�.�no..�r,n�not tn drill or extract nor to permit the d nu�ng Par c��extraction of oil,ges or otl�er hydrocarbon
<br /> suDstartees,water ar arey rrrrnera!ot a�y kmd unless the written consent at 8�rteficiary�s had and o�tefnetl;not to commn or
<br /> permrl�ny waste thereot ar�ny act upo n such property�n v�olat�on of law:ta do atl oN�ev acls in a timely and proper manr►er
<br /> whicR t�afi the characUer w use ot such property may be reasonebly necessary W pratect and preserve said security,the
<br /> specr6c enumerations Here�n not exclud�nQ the 9e�eraf.
<br /> CONSI'RUCTION OF IMPROVEMENTS:To complete m good and workmanlike marn��r any bwld�ng or improvement or
<br /> repair relatsng thereto which may be beyun on such propeAy ar contempleted by the loen secured hereby,to pay when due
<br /> alf casts�nd liabilities mcurred theretore,and not to permif any mecharnc's lien agamst such propeAy.Trustor also agrees.
<br /> anything in this Deed of T►ust to the contrary notwithslanding:(a)to promptly comme�ce work and to complete the
<br /> proposed improvements p�omptly,l b)to complete same in accordance with plans and specilicat�ons as approved by
<br /> Beneticiary,(c)to comply with all of the terms of any building loan aqreement between Trustor and Beneficisry,the tem�s of
<br /> which a�e incorpo�ated here�n by reterence to the same extent es d fully set tonh herem and made a part of th�s Deed ot
<br /> Trus�(d►to allow Benenciary to inspect such p►operty at all t�mes du�ing construction,and(e)to replace any work or
<br /> matenals unsat�stactory to Beneficiary,w�thi�fiReen(15)days alter wntten nohce from 6enet�c�ary of such lact,wh�ch
<br /> , not�ce may be gwen to Trustor by rey�stered or cett�t�ed ma�l,sent to his 18st known address,or by personel serviCe of tAe
<br /> - same --
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