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<br /> DEED OF TRUST WITN FUTURE IIDVANCEB
<br /> THS DEED OF Tf101S��b m�d�a�d tlN._2L_day ol APR I L �1 O�»b�►�ufd�raq
<br /> — �.r��,� RDR P�,�',�'NBR3fiIP
<br /> �2 a 811RRLL RD. GRAND x3GAND 68801 �
<br /> wlwN mWlnp�ddri�s M � $ �1 �"TnrMor."wh�MN►on�a ma�y,
<br /> - �TN� FIY6 POIN�R BANlC, y NRBRABRA CORPORATION �
<br /> ���i���u P O BOX 1507 (iRAND I3L11ND NB 68802-I 507 ��..T�.��
<br /> � � FIVB POINT3 BANR
<br /> �,sa„�a�ry, .
<br /> '� ' wlwN m�llkp�ddrars Ia P O BOX i507 GRAND IS�.AND NE 5$8a2-1507 (MrMn"t�ndM"�
<br /> � FOR VAWA9LE CON8IDEMTIQPI,inclqdlnp 4t�'����on of orWN Idenbfled haein ia
<br /> (hsr�ln"Borrowar",whe't�e�om or moro)��d the hun h�rMn cnaMd
<br /> the ncNpt of vrhich is hsroby�ckndwl �pea,'liirsto�hereby inevocably yranb, transfen. conveya and ae�i�nd to T►uaw. IN
<br /> -- TRUST,WITH POWER QF 8ALE�,twthe tieneflland secu�ity of lender,undsr and wbJeot tothe termaend condiqom IMrNmIM►sM
<br /> � . toMs.�so saa!pra�rlY.dr..�xlbsd ee fu!lct�si' • . .
<br />._:-r �iis�:�""�f . _- , .
<br /> F'� '�;�r . � Lot Sight (8) , in B1ock TWO (2)� Brentwood 3econd Subdiviei�on , ,
<br />.-= in the City o! Grand Ialand, Ha11 County. Nebxaeka. � ,
<br /> ,s Top�th�r wifh�II buildinps,Improvemenu,fixturea,streete,alleys,paesapeways,eatements,righb,privlle�es ond appusse.
<br /> n�nca loaated thsreo�or In anywlse peAaininp thereto,and the�ents,lesuea end proNta,reversions and remaind�rs thereoi.and
<br /> wCh psnonal property that I�atteahed to the Improvement�so as to consptute a lixlure,Includiny,but not Iimited to,hoadn��nd
<br /> cooUnp eqWpm�n�and topether with the homestaad or meritel Interests,If eny,which fnterestsare hereby rateoted and walvad;�N
<br /> olwhlah,Includlnp replecemants end addidone thereto,fs hereby declared to be a pa�t of the�wl e4toto eaaund by tM li�n d thb
<br /> = DMd of Tnut and NI of the fo�ipolnp bolnp raferred to h�rein as d�o"PropeAy".
<br /> Thls ONd oi TNSt rhell aecure(a)the payment ol the princfpel aum and Inte►ost ovldenced by q promlaory note or oredlt
<br /> April 21., 1993 October 18, 1993
<br />-� apr�ement dat�d ,hevlrp a maturiry dete ol �
<br /> _, in the ori�inel principal amount of$ 99•020.50 ,and eny end ell modllicetlons,e�ctenelons and renewals
<br /> -' thereol or thereto�nd any and all future advances and readvances to 8orrower(or any of them If more than one)hereunder
<br /> '�"�?��'��'` purswnt to one or more promieeory notea or credlt a�reementa(hereln celled"Note");(b)Ihe peyment of other aums advanced by
<br /> •�.
<br /> �,:�,,�' Lender to protect the�acurily of fhe Note;(c)the pe�formence c!911 covenants and ayreements o1 Trueto:wt torth herein;anc!(d�all
<br /> - `."�•� proaent and luture indeblednese end obligations ol Borrower(or any ol fhem If rnore than one)to Lender whglher direc�indlrec;
<br />.�,�t :,•�,.� • � � absolute or conQnpent and whether a�isinp by note,pueranry,overdraR or otherwise.The Note,this Deed of Truat and any end eN
<br /> �';�" .J�•'�'`• , otherdocuentsthateecurelheNoteorotherwleeexeoutedlnconnectlontherewlth,lncludinpwlthoutlimlwdonpuara�teaa.seounty
<br /> _ ���`'�� '`� ' ��'.. � aareemente and awlpnmente ol leaeea and renta,shell be refe►red to hereln as the"Loan Inatrumenb".
<br />� 1 � �'�'��'�'�`^' Trustor covenants and e rees with Lender as follows:
<br /> . '•ye'�r/ir,,, y
<br />,��r � , +�,� 1.Paynuntd(nd�badMl�.All indebtedne8s secured hereby shall be pold when due.
<br /> _ ���t%�c, 2.Tftl�.Tiuetor la the owner ol the Property,has lhe ripht and authority to convey the Property,and warranta that the Ilen
<br /> .T.� , ;' �'.,`,, created hereby la a lirat and prlor Nen on ths Property,except for Ilens end encumbrances aei forth by Truetor in wriGnp end
<br /> y�';���„�`�q:,,; detivered to Lender before executlon ot thia Dead o1 Trust,and the executlon and dellvery o1 this Deed of Tru4t do�t�ot riolau any
<br /> '� t°•�- conheof 4r other obllgwtinn to whirh Tru�tor la�uDjecl.
<br /> . .Ar-�-;,- ..
<br /> � ,i,��� ,�••r1,:� 3.TiaN.Au�um�nb.To pay before Cellnquency all texea,apeclal aasessments and ali other charpes epainsllhe P►operly
<br /> �.� f.,,.�;�•�,;;•r k: > now or hereaiRer levled.
<br /> ; �r�;_� � �`�r�`"�f�� 4.UNUr�.Tokeep the PropeRy inaured a alnatdeme e b fire,ha=ards included wHhinthe term"extended covera e'and _
<br /> .. • .v.�?r'�yy1�:.��. � � Y � ��
<br /> � ��� }��y�,��•,� auch ofher hezardi a l.�n�r mar requlre,in emounte and wfth companiea ecceAlabte to Lender,neminp Lender as en�dditlorwl
<br /> � �•; • • ,3�..,�7;i'�". nomed IneurQd,with toss�ayabte to the Lender.In case of losa under such pol�c,es.tho ientler Is authorized ta ad►ua�collect snd
<br /> +�i� -4�t;-�•�.�� " compromise,all cls�ims thereunder and s�all heve the option of applying all or part of th@�naurance proceeds d�i to any Indebtednese �
<br /> - "�'�':��;�I��. • seaured hereby and In such order as Lender may determino,(li)to the Truator to be usetl for t�oe repair or►e�torat�on of the Prope►ty
<br />..�i''• or(fiq lor eny other purpoie or object sabalactory t�Lender wlthout alfecQnq the If en ol thfs Deetl o4 Truat lor the full amount secured -
<br />�`�. ,�;y�;;:�;�;;:.v he►eby betore�uch paymeM ever took place.Any appllcatfon ot prxeeds to Indebtednets�hall not extend or postpone 1M dw �
<br /> •vG r;�.,.�;� d�of eny paymenb uiMer the Note,or cure any default thereunder ar hereunder.
<br /> - 5.Erorow.UDOn wril�en demond by Lender,Trustor shall pay to Lender,in auch manner as lender may dealpnete,eufticlent
<br /> -- — ---
<br /> �ums b styhte LendN to pay as Ihey become due one or more ot the foltowfnp:(I)all taxea,essesaments and other charpea ayefnst -
<br /> • -`,;}, ;,,, tlN Properly,(11)the praniums on tFw property ineurance roquirea hereunder,and Qif)the premlums on ony mortqepe Ins�xence -
<br /> . J �w if,;,;,,.,,.'.., rpulnd by Lender. :
<br /> - 8.MaMt1M1MIC�,R�p�in�d Compll�nc�wlth I.�w�.Trustor ahell keep the Property In�ood condltion ond repalr;ehell
<br />� =��,,�,,�,,,.4 promppy np�lr,or r�plue any Improvement wh�ch may be demeped or dv»troyeci;sheu not cammlt or parmit any watM or
<br /> !��;. ;,.'� �': :.
<br /> dM�Hondon o1 the Properyr,ehall not remove,demoll�h or substendally alter any o1 the Improvements on the Property: �hali nol
<br /> , commlt,suM�r or permit any aat to bs done In w upon the Property in vlolaGon ol any law,ordlnance,or repulatlon;and�haU par ind �
<br /> —�S.�'. `� -
<br /> ._,;.�.w� promptly dbahvpe at TNStor's cat and�x�nsa all Ilene,sncumbrances and charpea leried,impo�ed or afwswd apainu tho
<br /> � ''�'` Propury a�ny parl therwL
<br /> —����'�� 7.EmitNnt DanNn.Lend�r I�hereb a nsd all com eneaUon,awarda,dam es end alher
<br /> y s�ip p ap paymenb or reliel(he►elnaRer
<br /> "Proce�ds")In conmation wlth cond�mnaUon or other lakinp ol the Property or part thereof,or for conveyanca In If�u of condamna• '
<br /> ' `?��',;a, Uon.Und�r shall b��ntltlW at Its optfon to commence,appear In and prosecute fn Its own n�ms any acdon a proceediny�,and
<br /> ' �,���� } thdl Wo b��ntlWd to mak��ny wmpromiso or�ettlement In connectlon with such taklnp or damepe.Inths aM�nl�ny pordon ol ,
<br /> . ,�,. � . i .,: . wc a���na��N o»��.�aw _
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