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<br /> ° KMR CUSTOM BUILDERS, INC. ;_``-
<br /> , ;� TI�IIS TRUST DEED is made and entered into tb3s 26W day of 1►Zarcl►, 1999 by and betvreen� _-
<br /> TRUSTOR�whether one or more;and Tlcar 1Ytle Inauranc�e Company,TRUSTEE;and Jefdrey
<br /> ..•. .�. Oalse�Iesc.,SENEFICIARY,whether one o:rao:e. - _
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<br /> � �"�'•%��� �yiTI�FSS�fI3:That the Trustor does by these presentsg�ant,bargain,sell,coavey and conflem unto the Trustee�
<br /> `'^� all hm't improvP.ments, and 6xhues of every Idnd aow
<br /> �,.�,�<,;� vnth power of Sale,the fallow�ng-descrIbed real estate including dtnp�, -
<br /> .;;�,zt. or here�fter erected or placed on the real estate situated m Htll County� Neb=eska, descn'bed as: � ----
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<br /> •,;•�:�° Loi �even (�. J�3' Osics SinW Snbdivleion in the CIfy ot Geand Islaud, ��11 Conmty► Plebrns
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<br /> '� ..'��°�"%� In the event of the sale�transfer or waveyance of the above-descn'bed properiY to anY third parry�a11 sums secured
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<br />_�'.t'�.`i��':f;; . hereby shall be at once dne and payable.
<br />-�.^�;;�:�`tr`�;; urtenances thereuato belon�ng, unto the
<br /> TO HAVE AND HOLD the same, with all righta, P�88�, �d aPP
<br />"'�`""""`�"'` his execuWrs, adQainistirrators, heirs and assi$ns forever. And the Troator hereby expressty waives, releases,and
<br /> Y,•..� w, , Tsostee. � T= abova descn'bed
<br /> .�-.�R-� tifle � mtesest, benefit and estate whatever� in aa8 W the
<br /> ._�_�.�v. relin�ueshhes unto the 1�rustee all right, . ��+. or results from ail laws of the State of Nebreska pertatnin$to
<br /> _�.--` premises aad each aad every part thereo�which is gnr�n by _
<br />��:": the exemptlon af homestead. And the Trastor cAVenants vnth the Trostee t6at he w�l forever warrant and defend the atle
<br />"�-=� to t he same a g a i n s t t h e l a w f u l c l a i m s o f a ll p e r s o n s w h o m soever.
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<br /> �'��� IN TRUST�HOWEVER, for the folloaing descn'bed�p es: WEIERE�°�S►the Trustor d�d o�t�dato eaeaite
<br /> v-�-��� a Promissory Note eviden a loaa for the prinapal sum of S21 AO and iateresc tketeon ascordingLt�4�e ce �m time ' -
<br /> Pr Not0.beia8��le ia monthly instaUments at such ce as the Her�ficiary may des�ate� t�
<br />-=- --`�;�� to�oiwItbstaaditag a�rp�ovision conteined hercin or in said Promissory I� t�t�the£. .��SO°�p� -.
<br />- -.�:�� suma due aad owing under the terma of said PTote s�all be paid aa the o!
<br />�-"� In the event of default,Beneficiary's remedies sha11 aot be limiLed to t��e Pr vi�fos he ' 'I'tus Trast Der.d
<br /> -°;:-.-�$�� may be foreclosed in t�►e manner perscn'bed by law for for�closure of mortg�ges. �6� - -
<br /> "'� Tf�5 AGREED by and betaeen the parttes heseto thet the Trustor sl�all: {i) pay all present and futur�t�s�
<br />'•�`'•"`�-�':"`'� assessments, geae�a1 and �i�, against said property before the same beconte delinqueat or actioneble.�( ) P
<br />_ ---��-.— impravembnts erected oa th"e land ias�ued as may be required from time W time by Beneficiary againat loss by fire and other
<br /> �.-��.� hazarclet casualties and contingenaes,ia such amannts aad for su periods as ere reasaaable and may be reqttired by the
<br />__���°�s�' BeneSic�acy, and W.keep a11 puhaes of sach ins�raace ii► force aIId effed and delivered to the Beaeficiary, and aaming
<br /> s -=--�-.� aty
<br /> _;�$.;;.'"� Trustor and Beaefiaary as lacs payees.as their iatemsts may appea r.(3)Pay and oomp�y with sU of the terms and oon ons
<br />�,r:'}�,��,,� o�any 1ien. cleina or indebteaaess that may be se,nior to and taYe lrecedence a�ver tMs�Yust Beed as saoa as eucb paymr,nt
<br /> �'�r.`•�. -. on oT of suc$lie�claim or iudebtedness shall be�ome due;and upan failure of the Tnas2or to keep eny of said agreemeate,
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<br /> ,... .'��,,���: the said Beneficiary may gay snch.te�4 Paq for such insuraaee.or pay off aay and all sucJi liens,or indebtedness as the case
<br /> r.._: � maY be,amd money eapeaded,with mterest as provided by ehe terms of the aforemeatioaed Promissary Plote,sball ba -
<br /> �equed by tids TrnsE Deed, and tke Tr�stor agirees to pay the same upoa demead�and npon failwre to do so the balamce
<br />�:,.. _: . of seid Promissory note sball beoome immediately dne aad payable at the opiion of the BeaeSdary;(4)sped��oonfer —
<br /> . . . _ upon the Trastee the Power of 5ale as provided in Nebroslca law;(S�retaia gossession of the premTSes and eolled a rents _:_
<br /> .. , and revenues therefcam;(�maiatain the pecty m a condidon of maintenanoa aad repair anch that the interest of Trastee -
<br /> : .. ., - and Benefi�acy naref ao�t�i�a�der tmhe t�eims�of�TY�ust Deed.�� to oomply with aay of the fosegoing pravislons shell _ -
<br />-- �_ oonstitute aa eve �-_�.-
<br /> ..,,� p�ANDON1NiENT OF THE PROPBRTY BY TRUSTOR la the event that TYustor abandons the pmperty, ar
<br /> :e.s.�.,.,�.o„� .,��1il�►indicate tl�t Tn�stor has abandoned the Propeity_whether or aot in oonnedion aith�eny`oth�er �::
<br />-. �,`�- event ot ds�fault, Heaefeiaiy shall have the right, following Sling oi Not3ce ot uefuuic,co enicr upon ���n..� .� .:_;. 6-;
<br /> . �� � purpose of secur�ng the same and for cnnyiag out any other measur�s aeoessary to protect and preseive the interests of �_.::
<br /> . Fha Benef:dary in aad to the Propecty. Tn�stor speaGicall�► a�ees to hold Thistea nnd BeneSciacy and their emplaye�, �;
<br /> unavoidabty ineided upon the Property in oonneexion with the exescise of e�
<br /> , s e r v a n t s aad e g e nts harmless for any dama8es , �....
<br /> .. sights ar��uader tmis P a r a g r a p h,an d he r e b y ara�ves a�r canse o f e�i o n a ri s i n�t h e r e fr o m. �:-
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<br />" Upon payment of all sums secnredby this Trust Der,d, the Benefiaary shall request ihe'a'rvatee� ia v�ridag to �._
<br /> qt�e rope�R and shall surrender tbis T n�st Deed aad all aotes evidendag iadebtedness secured by this Trust Deed �,•�
<br /> � to�the�Trnstee. '�ustee shall reoom+ey the propenY w�t�out warranty to the person or persons le�1y eatitled thereto; but �1=
<br /> �aterest thereon en due or in thefaitbful
<br />- � if default be made in the,paymeat of said Noie or any part thereof or aay of the ' wd _ =
<br /> - pesformance of aay or e�ther of said agreemeats es aforesaid�then the ahole of said Note shail become due and be paid �.
<br /> -_ .- -_-'- as hereintu'firr pYOVtdtd, mtd t1tLt deed she!! re�Tin in force. The Trustee or his attorney may then praceed to sell the -
<br /> ' �� pr�perty in ita entirety or ia parcels at the option of the Tr�tstee,heseinbefoca desca�ibed et pnbiic auction,to the fiignesi
<br /> , bidder for cash. .
<br /> . P�ap�t FamRnel�e�OyAubm�MONedEfLYSaNns.trta t�s4►7satiq t►1Q�7/07�tat7 �
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