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<br /> TiruNorundersf�d�lh�Hh�QaaurNntth�tTrwtorisabou�b�cuMl�aOMddTrwta�dnMama'4�Y�andtl�ttl+epowK - -
<br /> — - ` dpUqrorid�d�lh�OMddTtu�provld�swWi�ntldh►diR��trl�hbandobi�adonSbTtuMOrthan�nwrly�p�intt�rl�ft_
<br /> ' aad��ae�f do0ti�tfatunduth��dofTrua,indudtn�.butnatlimiNdid.tML�nd�raHphttoha�lh�Propul�sotd�
<br /> by th�TruaN witAout�M►ludtCW proci�0i�p.Truteor npnNnb and warrarqs tAat ts acknawt�d�rtwr�t wa��cub0 by
<br /> TruNor bMor�1M�acutlon d tIN DMd ot Ttu�t. ' , �
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<br /> , • a r• ,Ps�ee d�t • �
<br /> ' Tru�or tty Yaryoetml2
<br /> _- . aeEa oF n�usr wm�Furu���v�cES � �
<br /> -_= - n��o�o oF:'�usr,rs made as�u►e �� day o� J"iy ,�s 9l..or ana+�mor� ,
<br /> ' fh�Tiusio.r. . Yaa'• Eleatric�Co�pat►r a Nebraska Cort�ration -- .
<br /> -"R.. •wt�caemidlie�ga�idress is G�ran� Isls�nd. l� 68801 .. -- - � (Aeretn�Trusto►."whetNer crte or moro).
<br />-=��_ ��� ,- FivR Poiatt Baai4. s_llebrs�ks Corp ` , .
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<br /> �_ ` wiwse�witing add�s is P.O. Bo��15i7 iraad�.Island, 1[E 688�2 ��n'Trus�'?.and . -- -
<br /> _ • the Benalieisry. Fi�e Poiat� B�ak - . ' ------
<br /> ��'�:"� P.O. Bas i5i7 6raad Island. UE. 688�2-1587
<br /> •'::s'` who�s mtilin�acldress is (herein"Lender'ry.
<br /> 1,�L`f _— YaA�! 'L'1lCLT�.0 rr01�tD� -= _. � -
<br /> .: , Foa vaw�cotusm�noN.rncma�ienaer•s e�ens�o�orc�+a�nr�eo ner��eo �
<br /> (herein"Bortower",wh�ther one or morej an�the trust herein creabd. ___ -
<br /> � . Nhe�ecNpt af whtcb is he�eby actcnowleQgem,7�ustor hereby irrevocabty graMS.dansfers,conveys and asstgna te Trustee.iN �
<br /> ' tAUST.WITHPOWEROFSALE.tarthebenefRandsecurityotLender.unQerandsubJecttothetermsandconditionshereinaRerset _ _
<br /> . � � ,... �"S!R-ALT•sClll��fiA3�Di���Itaw� —
<br /> - Topether witl�alt buitdin�,improvements,fxtures,streets.alleys,passageways.easements,tights,prfvileyes and appuRe- �__� -=_
<br /> .';`��;�� nas�ces tocated tlteseon or in anywise pertaining thereto,arsd the rents,issuesand proflts,reversions and remainders thereof,and �•.°����r�€�_
<br /> • sacfi qerso�al properry that is attached to the improvements so as to cortstit�te a fixtute,including,but not limited to,heating and .;..r.;��::�':�
<br /> tooltn�equipment and t4gether with the homestead or ma�ital interests,if any,which interests are hereby released and walYed:ail ��_y" • "����,
<br /> ' - oi whicb,inctuding reptacements and additions the�eta is hereby deciareA to be a part ot the real estate securea by the li4n of this .
<br /> ,�: ` Oeed of Trust and atl ot the forepofnp being refened to herein as the"Property".
<br /> , This Deed of TruSt ahall aecure(a)the payment of the principal sum an0 interest evidenced by a promissory�ote or credit � :,�,r::;
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<br /> ' �- Jul. 26. 1991 ,havirtg a matu�lty date ot Aua. 1. l996 , � F,;,-
<br /> :� apreement dated . •-�"•' i-
<br /> ' In the odginal princ►pa1 amount of S ��'079•� .��any and ail modiflcations.extensions and renewats -
<br /> ��• the►eot or thereto an�f any anQ ail bture advances and readvances to Ba�ower(or any of them if mord than one}hereunQer � •
<br /> ,' � • ±�- purauantto one vr more premissory notel or credit agreements(herein caNed"Note'7�(b)the payment o!other�ums advanced by •
<br /> • Lender to protec!th9 security�f�he Note:(c)the peAOrmance o}ail covenants and agreements of Trustor set iorth herein;and(d)alt •
<br /> � �` pre�ent and future Indebtedness 8nd obilgations of Bonower(or any o1 them it more than one)to Lender whether direci'�nditec� : ��`��-'
<br /> absotub or continsent and whether arlaing by note,guaranty,overd►afl or otherwise.The Note,this Oeed ot Trust anA arry and atl "`"•`'�_
<br /> �=- otherdocuents�at securethe Note or otherwise executed in connectton therewith,inctuding without timitation guaranteas,seCUriry ; .
<br /> . eyreemenb ane assignments o1 bales and renta,shall be referred to here�re as the"Loan Instruments". ' ,;1 ��
<br /> 1.. Trustor cmrenants and agrees wltb Lender as toitowx ' . , _,
<br /> _ .. - 1, oaynNnl d�ndN►Mdea�.All indebtednesa secured heraby shaq be paid when due. �y.,. :
<br />' r 2.TIN�.Trustor is the awner o1 the PropeAy.has the right and authoriry_io corney the P►openyr,and warrant9 tn�t the tlen a'�- �'•. .
<br /> � �..:';^?•; created hereby ia a tlrat and�ri�r'Ilen on the Propeny.except for liens end encumbrartces set foAh by Trustor in wriUng and "'��}'°�� •
<br /> � �'f 11,+��` � e `'1 '
<br /> - delivered to Lender betore execution ot this Deed ot Trust,and the execution and delivery of this Deed of Trust does not viotate any
<br /> �j ���� contract or other obligation to which Trustor is subject. t .
<br /> . 3.Tix�a,llrwNnwnb.To pay before deNnquency ai1 taxes,speciaE aas8ssments and au ather eharges against the Property I , .
<br /> f '- • nnw or hereafter tevle0. � •
<br /> �;.��,, d. Inwrane�.7o keep the�operty lnsured against damage by tire,hazards included within the ferm'extendeA Cov6r�e",and ; , ;... . .�,
<br /> , -���.. such other hazards as Lertder may�epuire,in amounts Artd with companies acceptable to Lender.nam:�g Lender as an addittonal � �:..;�. .
<br /> -�=�s.••.�a,--�"-•'�" � nemed insured,with to�pey8b�e tothe Lender.In case of loss under such poticies,the Lender i9auttfo�rzedto ad;�sLC00eCt�n0 ' '•� ��•
<br /> �`{```"�`'"°� compramise.a8claimsthereunderandshallhavetheoptionotappiyingaE�o�partotlheinsuranceproceeQsli)toanylnQebtedness 4�
<br /> . �y`'��'X� �� aeeured hereby ar,d in,&uch order a�Lender may determirte,pi)to the j�st�r to be used tor the repa:ro-:estaration otthe Property �. `
<br /> .fr= ��:'1'.; .
<br /> ,. � :;;, . or(iipforarryotheryrlrposeo�o5ieclsatislactorytolenderwlthautattect�r.�thelienotthis0eedofTr;;s:tr;�.t�efallamounlsecu►ed
<br /> � �' "°° hereby betore such payment e�er took p�ace.Any appNCation of p�oceeds to indebtedness shall no:ext�nd or pos�one the due ; ,� ,
<br /> . _.,:�L'__=:.:�: . �ts of any payments under tt��Note.or Cure any default thereun69r o�he►eunder. �,';,.;;, .
<br /> .�,::.-'���,, . S. Efarow.Upon written demand by Lender,Trustor shali pay io C�f4er:In such r�.arcer as Lender may designete.3ufflc�ent • ,>:r..'• �� .
<br /> �;.... wn�a to enable Lgnder to pay as they bercome due one or more ot the fonc•���g:(i?a0 taxes,assessmers�an0 other charges against � �
<br /> , ' ;x � ' the PropeAy,(li)the premiums on the property insurartce required hereurraar,and(iii)the premiums ort 2iy moRgage insurance ,
<br /> _ ;+`:r - - - - required by LeAder. -
<br /> _ �t,,,.'.,��� � 8. Matnwnanc�,lt�psln and Compll�ne�wHh Laws.Trustor shall keep the p►operty In good condition end repair.sfiatl ,
<br /> t,.�•.. : •. Oramptly repair,or tepiace any improvement which may be 0amaged or Qestraye0;ahatt nat commit or permit any waste or
<br /> deterlondon of the Property:ahalt not remove,demOtlsh oc substantlally aiter erry ot the imprGVements on ihe Property;ahatl not
<br /> commi�aufter or permieany actto be done ln or.uponthe Propeny in violaUon of any law,ordlnance,or regutaUon•and ahall pay and
<br /> �..�:. . .
<br /> � promptly dlscharge at Truato►'s oost and expense ail tien�,encumbrances and charge�tevled.imposed or assessed agalnst the •
<br /> . , . " �...': �. , Properry.or any part thereof. .
<br /> _ ,--:--_—.=---=�--_.. T_E�Q�.L�endeNe fiereby assianed a11 eempensattonr award�.damage�and uiher paymenf�or relie4{hereinaftAr �
<br /> — -_---:—:-._._
<br /> • � • ' "Proceeds'�in connecNon with conMmnetlon or other faking ot the Property or panthereof,or tor canveyance ln Ileu oi condemna- - �•
<br /> • - - � Uon.Lender shall bsendUed at its optiortto eommence,appear in and prosecute In its o�n name any aetlort or proceeding�,and
<br /> ^�`� . � ahall atao be entlUed to make any compramise or setttement in conneCUon wilff such laking or damage.in the eve�t eny poRlon ot
<br /> • � �..
<br /> . - - -- rre�sp�m�w+a+h+roue►a«.to��e _ _ ;•.
<br /> •, . . , d1fMtWa�ri�rrdCa+�nwuTruM�nesh�Awcwan.Unmi+,N�M�Ms '�.
<br /> • -; - ,� �r�, . _ . _ . . _` . .
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