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OF TRUST WITH FlJTURE ADVANC �y �. � � � P�nt. <br /> T1�18 DEEO OF 1pu�r�R a��a trw�S�d�y ot�PR ti �ta..93»by+md a■ap <br /> 1M ltwlo►. WI�ELBR STRBST P/1RTNBR9sIP , . <br /> �,,,�����h 104 N � G�AlID ISLA�D. N6 68801 p��'T�wb►:whMf�r on�a mory, . <br /> - -- -- --- - �rr�aN, � � . <br /> .s;�� wfaN a�aWnp�ddrMS b P.O. HOX 790 GWND ISi.AN�). 1�16 66�l6� .. (MrMn"frwM�'►,Imd <br /> . ��� TBE OVSRLAIiD HATIObUI. HI�C OF (iRAND ISLND � � � <br /> 4�.. <br /> ;� ���1��� P.O. HOX 1688 �G.4�,�D ISLAND, NE 68802 ��-���, <br /> � , s;�,���.si, FOR VAWABLE CON810ERATION,includiop Lend�►'s oxuntion of cr�dit IdwWfad h�W ��� $T�gT <br /> ,m ,�"/�'`�' YARTNBItBHIP <br /> -_ (heroin"8orrower",whqher one a m���a)�nd tAe Wst hanin cn�t�d, <br /> the ns�ipt W whlch is F�by�cknowled�ed,Trostor hereby irrevocably yrants,ttan�fers,conveys and aalpru to Trushe, IN <br /> TRU3T�WITH P01NER Of SAI.E.Nr ths b�nefit aod s�curlry of I.�ndst under and subject b tlW term��nd wnditlom h�ninalMi�t <br /> :_-;� --_. -..--- bAh,tM��1d.Pro0aNf�.ilesc�d a�tollow�: • <br /> -,x �,te*�-:�.s�t;�fr,� � �'LOT SEV�N (7) AND THE SOUTH 2/3RDS OF LOT EIG�T (8), B�TRICR 81 � <br /> �. 4;1'� O�II�INAL TOWN OF GRAND ISLAND, HALII. �LDUNT'Y. NE�RA91� <br /> `� �.� .•, , <br /> ,..:: i':'�t ',.�i� � <br /> �f;�,, ; `�Y�r� Tvpether wlth all bulldinpe,Improvementa,fixtures,aheete,all�ys, pessa�eway�,eaaemenq,rlphts,privlle�ea and nppurts- <br /> , r _.. �,•;,� �l�t :„, nancas located thoraon a in anywise perteininp thereto,and tho rent�,I�eues and prolite,reverslon�and remMnders thveof,and <br /> �� ��+,����:�; �� sueh psrtonpl properly thet le ettached to the improvementa ro aa w conetitute a Ilxture,inaludinp,but not limlted to,he�d�p��d <br /> , .,t;•"�� �� , ` cooNn ui men X and t ether with the homestead or marital intere�ta.II a� ,which intereats are hereb relee�ed�nd wdved;all <br /> ,,.;rxt��;.:��c:�'.;,!t. ��1 P � Y Y <br /> � ` yc., ��T� . of which,Includinp replecemante and addidona thereto,Is hereby declered to be e part of tlw real eafate waurod by tho IIM ol thl� <br /> -;� {,�r ,:�..:,, OMd ot Trust and all of the torepoinp belnq refened to herein as the"Property". <br /> �'�}�' �� � Thb D�d of T►ust�twll tacure(a)the peyment of the rincl ol sum and intqrost wrldonced b a promluo nob or cndR <br />,�.. ���•;� '��.��,y�,.•... P P Y rY <br />_ �- �� �r " �' <br />-;`,:�:�, y ...i:.;��;;'�?'' ' ayre�ment datad APRiL 1� 1993 ,having a nwtudty date ol--�.RIL 1. 1998 , <br /> ���•,� <br />.:;��, ���'; . { �' <br /> � l�;t -.'t����`. in ihs oHpinal pdncipel amount ol s 244,000.00 ,and any end all modificetfons,eutenelons and renewal� <br />`"�`� �,;;<it?;'_rr:' ::'���i� '� thsroof or thereto end any and ell tuturo advances a��readvencea to 8orrower(or eny of them If more then one)hereunder <br /> .'.� ,ii'F`� �:;��-:� `"'S punuent to one or more promissory noteo or credit agc�ementa(hereln celled"Note");(b)the peyment of other aums advonced by <br /> � f "' � •'�'�� Lender W protect the securly of the Note;(c)the performance ot ell covenants end epreemenb ot T�uator aot forth ha►efn;and(d)all <br /> " � �i;_•.�ry;'.,.., . ,..... ; <br /> � �. � ��,•�;��t pre�ent snd luture indebtedness and obOpatlons of Borrower(or eny of them if mwe than one)to Lender whether dkec�MdirecL <br /> '��. ; �;�'r����'"{ ebeolute or conUnpent aMl whether erising by note,puaranty,overdraR or otherwlae. The Note,this Oeed ot Trust and any and all <br /> ;�' ,j;�,; �`' ��� . othK docuenb that secvre the Note or othenvlse executed in cannectlon therewfth,Includinp wfthout Ilmitadon yuorantew,ioouriry <br /> ��- , opreernents end aesiqnments of leases and rents,shall be referred to herefn es the"Loen Instrumonb". <br /> � � ,;��� +�`.•;�'"°�� Truetor covenants and epreeo wlth Lender as lollows: <br /> " " F '. �=`��' � � 1. P,tyeNnt M Indrbbdn�u.All Indebtednesa secured hereby ahall be peid when due. <br /> `"=� �`''"� � �'•,'' ��'• 2. Titi�.Truator IB the owner ol the Property,has the righ!and authorily to convey the Property,and warranta thot the lien <br /> �.� ` <br />-- ` +• • - . Creeted fie►eDy is a flrst end prlor Ilen on the Property,except 1or hena and encumbrences set forth by Trustor In wrllinp and <br /> ,. ;A. F:d't., .:'.. : <br />_ , �; �� r�;,��;�_�;-,. � dellvered to lender be(ore executbn of thla Deed oi Trust,an2f the execudo�and dellvery of thfs Oeed of Trust doe�not vlolate a�y <br /> - `i1'- contrnct or other obligatlon to which Trustor Is subject. <br /> .���� �!.,;�!;',��. . : ;'��`' S. T�x�t,Ms�am�nb.To pay before delinquency all taxes,speCial assessments and a11 other charyes agalnet the Prope►1y <br /> '�' �`f' �;�''�''c'i''"f".', `' naw qt hereafter 18vied. <br />>�;�:%, .} '�•; .•',� <br />:;�:ti�, r ��:.,; ••,,,., . . 4. In�ur�ncs.ro keep the Property inaured agalnst damage by I�re,hazards Included within the term"extended coverage",and <br />=.`y:ti��r i Z�° ••�;?;�fr;��� * auch other hazarda as�.ender may repuire.in amou�ts and wltn companks acceptable to Lender,naminp Lender ae an eddiiional <br /> ;.:f�'�., r.; � �,, x�,rF`4�':�' namod Inaured,with Iosa payable to the Lender.In case of toes undar auch poNc�ea,the Lender Is authorf:ed to adjuat,eolleet and <br /> ,_., �i i,.• �'�j'''`�, .. ;.•: ; <br /> �h�{1 .�tc;p,�� ;� x4.�,� a0mprpml8e,all claima it�ereunder and ahall have the option o1 applying all or pan olthe Insurence proceeds li)to any Indebtedne�a <br />-,_ �•) �'R�;v�t •���ri�•• eeCUrHd hereby and in such order as Lender may determine,(li)to the7rusto!to be used lor the repafr or reetoration ot the Property <br />-�'•��. D;�'} ::..r. �• .t�.'.;::�: <br /> 1;�;, ^P� . � or pl��or ony other purpose or obJect eaNefectory to l.ender withaut aflectlnp 1he uen of thls Deed ot Truat(or the luli amount aecured <br /> '�;��' N��_,:�•�>'•�-:`�' : �,:i hereby betore auch peyment ever took place.Any appl�cntio:�o"proceeds to Indebtedness ehan not extend ar po�tpor�e tha dve <br /> -t�-�. <br /> ' ? �:«�;� ��. date af any paymenta under the Nota,or cure any default thereundsr or he�ounder, <br /> _a 5. E�crow.Upon wrlllen demend by Lender,7euator ehaH pay to L�ndor,In ouch menner�s lentle�may des�gnate,suflic�em <br /> ,�� «. ., , „ . ,i suini i6�na'vie�endvr io pay ae iney oecome due one or more oi ine ioiiowing:jij aii"texea,aasesamenLS ano otnar cnargee aya�n9t <br /> � -� • �" the Property,(Iq the premluma on ihe property inau�ance requlred hereunder,entl�ili)tho premium�on eny mortpepe Insurance <br /> .���_ +��•.1 <br /> �4.�'Z.. ' ��� -j�t,-�n\;� <br /> w,�'„.,r r. roqiirod by Lender. <br /> a ,.,,a:':•,�'•��h�;�}W_;} 8• IA�Inqn�nc�,R�pldn��d CompNenc!wlth Law�. Truator ahaN keep the Property In pood conditlon and repair,�hall <br /> -_ ' - •,,,.�*� • promptly repafr,or roplece any Improvement whlch may be dameped or deatroyed;ahall not commH or permlt any waete a <br /> - - '�_.a. ��., . , . deterloraGon ot the Property:eheM not remove,demollafi or substanllally alter any ot the Improvements on the Property;thall not <br /> - � - commit,�uHer or permlt any act to be done In or upon the Property In vblaUon of any law,ordinance,or reyulation;end shall pay and <br /> .. .,,. . " . <br /> � promptly dlscharqe at Trustor's cost ond axpen�e all liens,encumbronces and chorfles levled,Impoaed or aa�essed eyainal the <br /> -°--��' - ° • '•'wi��� Properh�or any part thereol. <br /> - � �, � � �` '• 7. LminMt DanNn.Lender Is hereby aealpned all compensaf�on,ewards,damages and other payments or rellef(hereinafter <br /> "Proceeds'�In connecGon with condemntlion or other taklnp of 1he Properly or part thereol,or fnr conveyance In lieu of condemna- <br /> : � �:.� y�- ilan.Lander:hal!bo oniltlod at!ts optlon te commonco,appoar fn and prosecute In its o+vn nsme any scUOn or preceetling9,sr.d <br />_ . � I�� : • ��,��: sh�ll alio be anUded to make any compromiw or wttlement In oonneation wlth auah takfrp or dema�8.In the event any portlon of ; <br /> ,,.,�;• 1 <br /> "`r.S.;� .� ' , •l MC�IL71N«r�rKWwNO�MIMvtO�N ° <br /> . . . . � 0 11M MWeW��N M C�Mp TnMI NM iMnny�Arx�M�on.lneNn.NMr�ttu <br /> ' ,rL�i �. �• ' `- <br /> L..` ... _ _ - <br />