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<br /> 99 1069�� �
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST, made this 7th day of July , 1999, �'���
<br /> byandamong Robert A Brummund and Kandy K Brummund, husband and wife
<br /> (herein "Trustor"); and Jerry J MIlner, a member of the Nebraska Bar Association �..' ��y
<br /> , whose mailing address is 1503 W 2nd St; Grand Island, NE �•
<br /> 68801 `
<br /> (herein"Trustee"); and Associates Financial Services Company of Nebraska, Inc -
<br /> whose mailing address is 2014 N Lawrence Lane; Grand Island, NE 68803
<br /> (herein"Beneficiary").
<br /> FOR VALUABLE CONSIDERATION, Trustor irrevocebly grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br /> POWER OF SA�E,for the benefit and securiry of Beneficiary,under and subject to the terms and conditions of this Deed of Trust,the
<br /> following described real property,located in Hall County,Nebraska:
<br /> All that certain Lot or Parcel of Land Situate in Hall County, Nebraska,
<br /> Described as being Lot Fourteen (14), In Block One (1), in Island Acres
<br /> Number Two (2) Being a replat of Lot One (1) ,Lot Two (2), Lot Three (3),
<br /> Lot Five (5), Lot Six(6),& Lot Seven (7), Island Acres, Hall County, Nebraska.
<br /> Subject to Easements and Restrictions of Record.
<br /> TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the real property; all leases or subleases
<br /> covering the real property or any portion thereof, now or hereaRer existing or entered into, and all right,title and interest of Trustor
<br /> thereunder; all interests, estate or other claims,both in law and in equity,which Trustor now has or may hereaiter acquire in the real
<br /> property; all easements, rights-of-way, tenements, hereditaments and appurtenances thereof and thereto; all oil and gas rights and
<br /> profds, water rights and water stock;all right,tftle and interest of Trustor, now owned or hereaiter acquired, in and to any land lying
<br /> within the right-0f-way of any street or highway adjoining the real property; any and all buildings, fixtures, improvements, and
<br /> appurtenances now or hereafter erected thereon or belonging thereto, (herein referred to as"Improvement"or"Improvements");and
<br /> any and all awards made for the taking by eminent domain,or by any proceeding or purchase in lieu thereof,of the whole or any part
<br /> of the real property. All of the foregoing estate, property end interest conveyed to Trustee herein collectively referred to as the
<br /> "Property".
<br /> FOR THE PURPOSE OF SECURING:
<br /> ( Th a ment f ' debtednes ev e ced by ru t r c�e of even date herewith in the princip um Qf vent —
<br /> �ix �I'�ic�usan� �ix Hunc�re� �wo an� ��/�l�U------------------
<br /> Dollars($ ��,bOL.��
<br /> together with interest at the rate or rates provided therein, or the principal and interest on any future advances evidenced by
<br /> promissory notes stating they are secured hereby, (herein"Note"or"Notes")and any and all renewals,modifications and extensions
<br /> of such Note,both principal and interest on the Note being payable in accordance with the terms set forth therein,reference to which
<br /> is hereby made.
<br /> (b)The performance of each agreement and covenant of Trustor herein contained;and
<br /> (c)The payment of any sum or sums of money with interest thereon which may be hereatter paid or advanced under the terms of this
<br /> Deed of Trust.
<br /> A. TO PROTECT THE SECURITY OF THIS DEED OF TRUST,TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br /> 1. PAYMENT OF PRINCIPAL AND INTEREST. Trustor shall promptly pay when due the principal of and interest on the
<br /> indebtedness evidenced by the Note,and all other charges and fees as provided in the Note,and the principal of and interest on any
<br /> Future Advances secured by this Deed of Trust.
<br /> 2. WARRANTY OF TITLE. Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property
<br /> hereby conveyed and has the right to grant and convey the Property;the Property is free and clear of ell liens and encumbrances
<br /> except liens now of record;and Trustor will warrant and defend the tftle to the Property against all claims and demands.
<br /> 3. MAINTENANCE AND COMPLIANCE WITH LAWS.Trustor shall keep the Property in good repair and condition and shall not
<br /> commit waste or permd impairment or deterioration of the Property and shall comply with the provisions of any lease H this Deed ot
<br /> Trust is on a leasehold.No improvement now or hereafter erected upon the Property shall be aftered,removed or demolished without
<br /> the prior written consent of Beneficinry. Trustor shall comply wRh all laws, ordinances, regulations, covenants, conditions and
<br /> restrictions affecting the Property nnd not commit,suffer or permit any act to be done in or upon the Property in violation of any law,
<br /> ordinance, regulation,covenant,condition or restriction.Trustor shall complete or restore promptly and in good workmanlike manner
<br /> any improvement on the Property which may be damaged or destroyed and pay, when due, all claims for labor performed and
<br /> materials furnished therefore end for any efterations thereof.
<br /> ORIGINAL(1)
<br /> M7R91 CC�/ 111f¢I.I.J..s�4� Di1s�A��1l�f wwwv i�• �����.�. ..
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