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<br /> ---- -��- r.�=��. 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, .
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<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 � � �
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<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�
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<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
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<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
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<br />-;`,:�:�, y ...i:.;��;;'�?'' ' ayre�ment datad APRiL 1� 1993 ,having a nwtudty date ol--�.RIL 1. 1998 ,
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<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
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<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
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<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.
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<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
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<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
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<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
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<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
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<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 ;
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