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<br /> k DE�D OF TRUBT `:���-
<br /> ' ;,� 1992_..—bY ��r;,
<br /> .: .. �� THIB D�ED OF TRU3T.!s m�sdo as of l et _ dqy eF ��c�—,�far").whose ma3ltag oddsesa is
<br /> andau�ong TIM G PL•AT� R$�KER_ � �y.._
<br /> � if13 Pon erosa Dr ve �60Bd�I�OlddpaiY�Rd ,�Grand Ialand N� b8803
<br /> C"l�ueteo).wAose moiling addresa is_ �: -
<br /> �� _
<br /> ,, �`!` OS HO S INC. (°Heuefidary")
<br /> whose metlln�address is P O. Bo�31 c n a . , a w.n �RRA9
<br /> � �. ��;.,
<br /> .. �>,� FOR VALUABL�CONSIDERATION,'I�veWr lrrevckably traasfere,rnnveys aad nsaigns to TNSteo,IN TRU&T.WITH �;.,...
<br /> PUWER OF SALE,for the beaeFt and security of Reneficiury,under and aubject to the terms uad coaditions of this Deed of 7�ust, �,
<br /> ° Grand Island ,Couaty of !�-
<br /> � the reul property lucated in the City of =
<br /> ;, Hall ,State of Nebraeke.and legally descrl6ed ss foUowa(the'Pmporty"): �
<br /> -� Lot I+our (4), Biock One (1), in Poaderosa Lake Estates Third Subdivfsion� in tho '
<br /> '; ` ` Cityr of Grand IsYand� Hall County� Nebraska
<br /> TO(}ETHER WITH.all r8nis,easemente.uppwtonnacea,hereditamente,int,eresta in ac�oini�ng roads�atreots and alloyei.
<br />- � �' lmprovemonts ead buildings of nny kiad aituated thereon and ell personaI properiy i1,at aay!ss isr hrrr°,.�^��"�'*�G1°_r"� -
<br /> I� part of auch buildinge c+nd improvemente.ell cmpa raised thereon,and ell water rlghts. �''
<br /> � in -
<br /> a °� The Property end the entire estste and interest conveyed to tho Ttuetee are referred to oollectivoly ea th0"Tivat Fstate".
<br /> ;•- . .'�;;: FQRTHE PURPOSE OF BECURiN(i:
<br /> ....::,;.,..,; 5 000.00 , wiUt ixsterecit thereon,eu ovidenoed by t3�nt .,�,
<br />- r� � a I�ayment of indebtacr�s in the total principal amount of$_� t
<br /> +�A�.JM.t.,.!�f� OBTEBIlI pT0II1�f3.10rY I10E8 Of 6V8If 1I6G3��I10°Note")YJ1tI1 A Q1IIti11TItY<I8t@ Of�eT,t BPl}l�t Y 1 1499 _ , i:::"��
<br /> f
<br /> ` eaecuted by Truetor,which her�been delivered and ia pnyeble w the order of Beno6ci�nad wWch by tttis taf�ret�oe is herr3bY
<br />�s''^:•; .`. made a purt hereo�aad any ond aU mo�l3Txations.eatenelons aad renmvals thereo�nnd
<br /> �.;''� b. P$ymont of oU suma advnnced by Beaefic[ury ta proteot the Tivat Eatate�W�LI1 IAtBT@BL E�1@P86A IIZ LI10 TAGD �
<br />_=_-- Zero percent ( � 9b)1�r a�um,and
<br /> s.�_,:yrr:..�'
<br /> • „� ., c.Tho porCoimance of Truator's covoannta and agreemeate. p��
<br />#�''":^. ::., Thie Daed of 74vst, t1►e Note, and sny other inafrument givea to evidence or fiu�ther secum ths ent nnd ,
<br />���..��
<br /> `°,:.:�--�.:, performanao of aqy obligatfon securad h4mby aro t+efonmd to collectivoly as the"Loaa Instrumennts". �
<br />};r a_'=r�=r', TO P1i�TBCT THE BECUItITY OF THI8 D�'ED OI�"�'AU$T.
<br />-i17'i:'�°":?�."�'�:;,�;� I. PAYMENT OF INDESTEDNE85.Truswr shall pay when due the priacipul o�and the iatumut an,the ladebtedness
<br /> evidenced by the Note.chu�ges,fees and all other sums ae provtded in tho Loaa Instrumonte.
<br /> j� v � � 2. TpRES AND ASSFSSMENT9.1�ueWr ehall pAy sU taxea r�nd special aasesamants oYevory kind,na�n or horeniter levio3
<br />��4, �
<br /> ;�f�.j:}�� against the tn�et estato or nny part thereot ae foqowa: ��
<br /> - � • (iAitial one)
<br />�� ��`' "`'�'�� Trustor ehsll direct�y PaY a+ul► texeH, without nottce or demnad ns each Inet�illraent comea due nnd eholl
<br /> �ar34.i.�:F� ,
<br />�.x..�.;.��t''; ent of the�t►me.
<br />__��.,,�,y}a 3�°, pmvide Lhe bene8dnry with evidence of tha P�ym
<br />_:,�:�,��r 'u±�} Trustor ehall pt�Y to benefieiary one�twelith of the real estato tagea each month und auch other essea�mq�te
<br /> p9
<br /> -.��:= es they becozae due.The one�twelfth poyment e�aU be ac�uated enuuallY�s the taxes chfu�Se and truator e�eca t -
<br />_�;r.�=,::_�7 after puymont of the taxea each year thnt aay deficiency w1U bo prontptly paid to Bonafciuy.Benefldnry t�e�ces
<br /> s�r�::r��� to pruvi�te Uvetor teitb rcecipts�{ivv+'Ing f.hat tha rcul catutC tnaes ltsve Mt�n Jwid in fiill attd whea dut�. _
<br /> 'w�P'?'�;':�',- : 3. IIVSZTRANCE ANU ltLrYAlltfil.`CTUetor ulaall waiui�iu firs Ahd C::'.,^.x.=3:=�•^-•"�ina��ranK+inanr{no the iIDDlrlVOIIteDhl r---
<br />�:, "��"�" � and buildia6A�����5 P�of the'lYuet Eetato for en amount no lesa than the amaunt of t}�a unpntd pr[ncipal balnuoo of!ho
<br />_���', •��-•.°.. Noto(oo-ineurance aot ex�eoding 8076 I�eTmitted).Such insurance po3icy shutl aontain u etanda.nl morEguBo clnuso ia fevor of
<br />�,,.� :� ;' • - BeaeBcinry end ehall not be cnncellable,terminable or modifinblo wiWout ten(10)deyo prlor wrlttan nutioe to Benoflajnry. _
<br /> ��•,� Tr�sWr ehsll promptlyr repuir.mniatutn+�nd reptace tha'1`rust Eatute or uny pur�thereof eo that,exaePt!br ordfnay woar and _.
<br /> tear.!he'l5rut►t Estate shnll nnt do?w"iorate.In no event ahell the Truetor wmmf t wafste on or to the Tcuat Eetatc►. �,
<br /> " 4. AC'1'IQNS AFFECTIN(3�'RU3:1'F3TATE.Truetur ehsU eppotur ia aad conteat az►y action or prcceedit�B puepo�in9 m �_:
<br />"•.°,�;. ntFect the aocur[ty horeof or the rtghts or powers of Beae6ciary or Tr��etee.c►nd abnll pay ail ceats and eaPenses,i�nclud[ng ca�'J�c�t' �
<br />`�•:' • ovidence of titlR rmd nttnrneyrs fees,in any such action or proceedin8 in wldch BeneScinry orTruet�may�+ppear.9houldllrtw2or - -
<br /> i• �`• Q�il to mako+�ny p�Ymoat or W do uny act ae and ia the manner pmvided in cany oF the x,oun Iastrument�,Boaeficicuy nnd/ar
<br /><��. . �. � Ttustee,each ia ita own discrotton,without abligutinn so to do aad without noHoo W or domtmd apon True2nr und wtthont r�.;;
<br />��" � mleasin�1�stor fronu any obligatton. mqv melco or do the�wue in such munner and to euch oxtent as e9Qher mqy deem �.
<br /> u nll ooste and �-
<br />-� �� neoeayary to protect tho serur[ty Leieof.Tcustor aholl,immedia!e1Y aPon demand fherefor by Beneficinry,ps{Y ��out �
<br />° '--'��---�'- e...o.,��.r...'.nd 6v BennHciarv in connectton with the exercise by Beneficiary otthe foregoinII riahte.includir�;
<br /> - --,---� _,� ...,u Q'
<br /> -- --r--- --- �.o.o....�-
<br /> . . F limitatian mats of ovidoneo of dtle,court casta.aPPra�+�1s�surveya und uttarneys iees.E+np��..�w a.,..ae �
<br />� �. �vithin ten(10)days of wrtttea demnnd ehell draw interest at tho defunit rnta pmvided in the Note.
<br /> „� &. EMINENT DOM,AIN.Should tha Truss Estatn,or u:►Y Pnrt thereof or intemat therota,be takau or dmm�ged by reason af
<br />� ' � nny publ{c improvement or condemnntfon pm¢ced[ng� or in my othor muaner includina deed in Uau of Condemnutfon
<br /> � � ("Condemnation").or ehould Trustor recetve aqy notiac3 or other informntion mgardin�eucl�prooeed�ali.'l�unt°r ehtilln�p�llrf
<br /> ` • �vritten notton ehereof w HeneRciary. HeneRcinry ehall bo entitled to all cumpensutlon.mvwds nnd ottter puym•
<br />- � therci'or,ond ehull bc�entitled at ita option to mmmence,appear in an�!prasccute Ln ttca owa nnmo°n3'nctton or paoceEdings•
<br /> b
<br /> � 8eneficinry ehull al�o be entitled to mnko my compramiso or setttoment in connection alth euch tnicing or dnmt�e.All surh
<br /> � compensntion, nwarda.dnmagea. ri�hts of actian end pr�a�eds awarded to 1Yustor(tho"Pruxeds") oro heroby u�igned to
<br /> Heneficinry cuid'Itivator nan-•es to executo such f�rther aseiQnments of thc+Proceedn ue BmneRcinry or Tru3te�e mqy reqniro.
<br />�� 8.FUTURE ADVANCCB.Upon request of Tivstor.Benetictnry,ut Honettcinry'a option,pr[or W reconveynnco of tho PropFrty
<br /> to Trustor moy mnk�tt�taro udvnnces to Trustor.3uch ttituro advancea,with intorest thenon,ahnll bo cccured DY thte I?ecd of
<br />; �, 7�uet when ovtdenced by promi�sory notea aWtjna that eafd notes ura sccuretl hereby
<br /> .' Rrn/.£J9�
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