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<br /> � .,f.� lO��l 1141��1NI MI fN1011�Nbll�WMOR IM�) �.-..:_-
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<br /> _ �";,aN�;— � ��,t DEED OF T�tU�9T — — --_
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<br /> `°t�;;r . -�!"''�""`.,::.:.�,t;��,;.,
<br /> �� :• •� ��•�:� �t THIg DDED OF TRUST, is made ao of the 3�1L d�y of Januarv _ lp,�,by and emons
<br /> . �: ��._..:,,�� �,. "� �� � �� ��``-- -
<br /> ,���,;,�fi•,,-- ..� Roland D. & Sandra 3. Flanmer t'7'ru�tor )�whose maiUnQ sddrew b
<br /> � • �� .: ��.f 612 N. Vine Street, (3rand Island, N� 68801 ° -�
<br /> $'`��`"�� "Tru�teo" whooe meilina addrNO i� � '- -
<br /> � . ,.:;..: _. --
<br /> ,. ,">�'..0•.t,.,,. •.�.,: " (i.I. ]lbetract & Titie QompaTly ( )� �9=" - - --
<br /> � ;�";�r�'..�,�''!'���• '��.',� P.O. BOOC 627 OL'BUId IslaTld� NE 68802 L
<br /> i;f�:�. a:. 8Ad �� n m��.
<br /> � Ci7_'
<br /> I�yrtle Keiler ( BeneRaiary )whooe mallinQ eddraa i� �.,_,.,;,.
<br /> � � 922 E. 6th Street Orand Island, NE 68801 •
<br /> � FOR.VALUABLE CONSIDERATION,7lrueto�r imevocably tra�wf'era,convey.and aeeign.b Truetae�IIV �����-
<br /> . � _ , TRUST,W[TH POWER OF SAIE.for the benefit and�ecurity of BeneBci�ry�under And�ub�jact to the term� •'•���`::x..� -__
<br /> = ti� � andcoaditioiuofthioDeedof7kuet,thexealpropestYlocafsdintheCltyof rs.-an� T�e�and ,Coua�yrof �:.�.°,--_
<br />,:' ,� ` ,' �r. FWll ,3hte of Neb�rwlw,u�d legal�y►de�ibed�fdbw�(Che"Propert�►"1: �
<br /> .;*`-�'>___�.
<br /> ��' ' �e�rpwi,.Sw; ° Nortt1 'Pllirty-thCe�e feet of Lot Eig�lt (8�. ffiack Thtee(3) Nagy'e 14�ddibia� to the �
<br /> fl � f�, ;1 i�''�`"�' Citiy of (3rand Island• Hall Dou¢�tty. Nebraska. - ...
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<br /> �.t� �� i #=s��;����� �T
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<br />'' 1 / ' �f. �li{14/-_
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<br />.:�i;�� ' ''<;.:. '►�p�"fHER WITH, all renf�� eas3m�nts. appurtenanoe�. heeeditamcnte. intereeta fn adjoining roade. s,.';.,r-a-;=.�y
<br />— "" + S k�. ....:—
<br />.. ('il•:'�:.l� ' '�,J% .' _—_ ____._—__. _
<br /> ,�:, ,;, ��� ,„�, etreete and alleys,impmvement�and buildamge of any bnd eituate�i thereon and nB��,uaS pi�o��ty that may _
<br /> �1;,.,:•. .�.. be or hereatter 68ow�u�an inte�ral part of euch bufldinRe and improvementa,all crnpe raired t�eon,aad aU �c =,��
<br /> + ����t�*^' ,,. ..°�. Wat�' hti. ::' --
<br /> � �.j�t•.�C..
<br /> ,;. . , �d�kl1�},� _
<br /> `1' ,+;`'c• -„"-.°
<br /> 71he Prnpeety and the entire etaiate and intereat co�veyQd to the 7�votee are referred b oollect�vely ae� ,;,:-
<br /> .:_�:' - '�s`- .. .:. _ �ajl•aa�,$,tAOe". ��::_ .
<br /> . l F�R TME P4JRP09E OF BECUt�a1�G: ���`-- -
<br /> . " ,� ,.�, �'�; :4.�;:��
<br /> _ . ' a a.Paya�ent of indebtneee tn tfie tot,a�1 principal amount of$ 14.�l'QQ�QQ_ ,with intereet r:��►�''� -, �
<br />-''<;�=.•�� - ; ,,3;.t t h e r e o n, a e e v i d e t a a e d b y t h a t c e r t.a i n pio misso r y note of even date (the"Nat�'9 wifh a matwib�dete of a�'>� ..,:..h�:.,,-:.
<br /> �77•.�•�.�1.t+r},i ._
<br />�;;;; � � " ;,,:;�� * ��,�,�,a r�, ,1, �aaw �executed by 7Yuator� whl�h hae been delivered�nd 'as paYeble to the order of �!�,�;;�`�^� J .'%;::�
<br /> «:it� ;�����.�•`"�� SeneSaiars►.and which by thie referenoe ie hereby made a part hereo�t�ad�v�E all modiScaliorn,e=ten• t{,��"'����ti:. _-
<br /> Y, .,/ ,�> .�-,;,.�;,..,,,t � � .: _—
<br /> ' t.,.,;'��� .', )!�::.; 6 einne and renewale thereof.end ••
<br /> f'','�';� . , , �,.. b.P�yment of�il1 eums advanoed by Benef ci�ry to prolect the True¢Fstatc,with intere�t thereoa at therate i��'�1"s s
<br />�„yrj��t . • ;:, :•rt.'•ry '�t': --
<br />_, ... .�; :.: :���•.•� rain+e ercent( 9 96)Pa'annvm. ;�
<br /> : S .., :',1•;�,: , .�.�.:.� of p �tr?_'•-��'"-
<br /> 't � c,�,•,.Vr, �:::., :,r'R-r;�i.�.
<br />�;:�. � .; , �s;: ' �.�; 'lt;�;.. :.
<br /> . �: ,��;.�, �'��'4'��f:�,s,�. '13�is Deed of'ql�uat,the Note,and any othet inettvmen t�iven to evidence or twrthereecure the paymenlanr� ��r--•��.;sY,�_
<br /> � � ormance of eu�y ubli��liw�6ecured hereby afe i•eferred to wllectively es the Loan Inetivmenta'. �,,,.`��`_'_ -��
<br /> �`�ti�.+?'�h , . � TO PROTECTTHE SECUAITY OFTHI3 DE�D OFTRUST: '"�w�—
<br /> :��,--
<br /> .. . :-�.�;,:_,.��
<br /> ' ' 1. PAYMENT OF INDEB7'EQNE33. T�uetor ehall pay when due the principal of,and the intereat on,the :;..�_�
<br /> � • b indebtedne�e evidenced by the Nate.charger,feea and all other oumo ar provided in the Loan Inotrumento. �..�..;:::.'��"T==
<br /> 'i �� � .. �`•�'.-:..
<br /> �1 �,�,,,� .,• .,c��Y�;�, 2.TAXE3.Truetor ehall pay each inetallmentof all taxes and epecial neaeeamente of every kind,now orhereafter � ' r'•.:.•�
<br /> •- :. levied egainst the Truet Estate or any part thereof, before delinquency,without notice or demand,and ehall provide , ;���'�
<br /> 'S'��� Beneticiary with evidence of the peyment otsaeae.'lYuetor ehall pay all tnxee and aeseeamenfs which mey be levied �� -_- __
<br /> � �' _ !�,ti,.�'+ . uponBeneficiery'sintereethereinoru onthielleednfTruetorthedebtsecuredhereb�,withoutrnQardbanylawthet � t'"��'`!"� �"
<br /> P i �'ys.=°•=
<br /> mey bC enacted impoeing payment of the whulr or any part thereof upon the Beneficiery. { � '�{•�'.�t,��°`
<br />:.,�:� .. ,. .. , �.:.•,�,.{,;.:::;:>,�
<br /> '� /��.:� • .
<br /> " �3'�• ' � � ' 3. �NSURANCEANpREhA➢R�. TruAtorahallmwinin�r�fareAndnotextendedc�+�erngeineuranceineuringthe •��;������'' `=�
<br /> � Y �. � ; ;�i:��,•.,��� . .� , �r.,.,.1�.�
<br /> �' ,•;�:;+: , impTOSCmnente end buildinga rons3itutinR pnrt nt the Trun�t i;Atnte fnr nn nmount nn leas then the amount of the ,.���,;;�
<br /> • � „' unpaid principel bAlenceof the Nnte(cninAUranrenotexceeding 80".fipermitted).Such innurance policyehall contnin :r�'
<br /> '.x . �>' �" ' aefsndardmortgaQeclnuseinfavorofBenefirinrvHndehel)nothecencellnble,lerminnbleormodi6iab�ewithautten ��_
<br /> '�� ' '�,� p0)deye pdor written notice to AeneTiciary.Truetor ehpll promptly repnir,maintain ead replace t➢�e Trc+st Eatate or ' :-°,W•„�_.
<br /> `F� �'%`�•`�`;«^ � an ertthereofeothat,exce tfa�rordinnr wenrandteAr,the'�'riutEoteteehallnotdeteriorate.lnnoevp�e��alOthe r ,'�-v
<br /> ,:.�, 'i, v a � y E .y....:,. ,,a�:_�__
<br /> "'•"" � • - � '�{;;'f'r.'� �) Tiruatur commit waste on or to tihe 7'rvet Eetate. • � •ti,
<br /> >r,� y: � � .,N..�� ',�.��� 1.;J'".: • 1..:.•,'ea
<br /> �'� � � C• .. �,�S r--
<br /> �,�r., r,�s�,: , -1���'; ��' 4. ACTIONS AI��'ECTIN�G �'FdUS'P ESTA9'E. Truetor ahall eppear in and conteat any aclian ot proceedinq �;,, � ,,�'�f�rr,
<br /> � °'" purporting to affect ehe aecurit�•hereof or the ri�thts ot powers of Beneficiary or Truetee,and ehall gey all coete and � �i�r
<br />' �`��;'r '' � ' eapeneee.includio�t coat of evidence of title and attorney'e teee,in any suc3�nction or proceeding In whkh BeneBciary •'��'•;
<br /> .. ���'t'`� � , + or Ttuslec may eppeat. 8hould'Truator tail to make eny payment or to do nny act as end in the manner provided in ;,�� � ����r+��'.'��,,:
<br /> �� � . ''� eny of the Loen Inetrumente,BeneTciary and/orTruetee,ench in ite own diecretion,without obligetion eo to do ar�rtl r,. �
<br /> �'r;:,, '�' without nodce to or demend upon Trustor end without rr:easina Truetor from eny obligallon,may meke or do t�ae � ` . ' . .. .,,,�•''
<br /> • � ���~:�'• seme in such menner and to euch extent ae either rmay derrn�eceaeacy tv prutecl tl�r er�urity hereof.Tnsstor ehA7;, � ,,,... '' �
<br /> ,,,y�"`;: • immediately upon dcmand therefor by Beneficia+n,gray all copts and expPnaea incurred by Beneficiary in connection . ,
<br /> with!he eaerciee by beneBciary of the foreg�nreg ri�bW,includinQ withour,limitation coete of evidence of litle,cour!
<br /> ��i�"'�� ' co�b,appraisale,surveye end aetorney'e feer. /Aaa euch coate and expeneea not paid within ten(109daya of written 1i�' .
<br /> ��- • � damond�hdl draw intered at t�edefault rate provided i�t'he Note. ' ' ' � �
<br /> r '� ':',. •
<br /> ,�_����;' � " b. EMINEN'C DOMAIN. 3iwuld the Truet F,etate,or An�part thereof or intere�t t0:er•ein.be teken or damaged�+r I , '•
<br /> . �; � reaeon of eny public improvement or rnndemnation praceedinR,or in any other manner including deetD in lieu MCondrm• ��" '"�
<br /> ,',;'.' nafton("Condemnetion"1,or should Truetnr teci�e env notice or other inforrcoa��n reRarding euch prxee�i:ir�g,9'ruetor�hall
<br /> • �ive prompt w r iuen rotice thereof to Beneficinry. dene6iiap•shal)be entitl�rc(t�all compeneation,awavrl�bmd other pay I;
<br /> � _ � maib or reUe[therefor,and ih�U be entided at ite option to commence,eppear in aad praeecute in its oa�n name any act'san �� , ;
<br /> ; . --- . . . q pr prooesui Ffeneuciery en�ii eieo oe eniiued'w maice anr cvmprani�e or seiuemeni in av�ineiruwi w�iin euen'-ww�vi
<br /> • ;+ , cl�m�e. Al�uch compeneation,ewarde,damaqee,righte of action and proceede ewerded to Tru�tw Ithe"Prooeed�"E•r+ue
<br /> , . heeeby udgned to H�neBd�ey and 7Ywtor aQere�to execut���ch furth�r auiQnmenta of the Proaed�a�Baw6c�ry or
<br /> �f 7'rustM nulY re9uire.
<br /> �
<br /> f � 6, APPOIN171�ENT OF SUCCFR.SOR TRt f9TF,F. Hrn.firiary mny,fmm time to time,by e written inslrument
<br /> '� ! executed end acknowkdged by Hrneficinrv, meiled tc�'I��tr,r r�nd Recorded in the County in which the 7�uet F'.tdate is
<br /> '� • • I locuted�ndbyotherwiaernmplying withlheprovieioneeftheapplicablelawofthe3tateofNebra�ko�ubrtitutea�c�e�x
<br /> ' or�uca�o»to the 71v�tee naned herein or ecting hereunder.
<br /> h � 7. SUCCE3SOA8 ANb A.SRIGN3. Thie Ikpd of 7tivrd appliee G�,inurra tn the heneRt of and binde all partiea hereto,
<br /> � ,i their heirs,kgatees,deviaeee,pereonal repreeentetivee,weceaaoro xnd aeeign�. The ter�n"BeneBciory"�hnll mean the
<br /> t owner and holder of fhe Note.whether or not named ae Heneticiary herein.
<br /> �' , 8. INBPEGTION$. &ne8cinry,or its epente,rcpreeentetivee or workmen,are nuthorized to enter et eny reaeonable
<br /> • • tlox upon ain any part of the 7�u�t F.etnte tur the pur{x�e of inepectina the enme nnd fur the purpoee c►t performing any of
<br /> � th�wcb it b�uthotiud!o p�fam under the kmn�ot any of the L.o�n lnstrumenl�.
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