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<br /> IF 1NIS BOX 18 CHECKED/ 8 TNlB OFEO OF TAUBTCON81ifIRE8 A CONBTRUCTION
<br /> BECURRYAQREEMEMIlN�THE NEBRASKA CONBTAUCflAN UEN AQT AND CAEATEB,
<br /> --- - -- ORAiYTS AND CONBTITIJTFS A CAN6Tit11C1JON SECURI/Y IN1�RC�ST/N THE pROPERIY
<br /> OESCAIBED NEAE/NBELOW.
<br /> -------- WHEAEAB.Tiwlo�►la Ir�tM�d p B�Y h�P►f�►PV�� Otik RUNDRSD SEiI6N'1T TBOUSA�iD AND NO 100 -----
<br /> OnM�►a(� �� !l�.�1.wl�ich ind�hlydn�st Jr�wd�nc+od by Trtato►a pnr►Maory d��� � 10 .pw��►
<br /> — cMrd tlN"MoO�).Mf�b IAn a�r d B�r►�cyrY�nd IMdrp a maMr(y o1�. 199�i .
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<br /> (al)P+�l��ol11M Nbb.1bDM1'w►wid�AM�af M�no�R MM�rp�e.P�IP+N�PM���Ailtw rlwncM.�nd M�dn�M�
<br /> __;"?!�' modNc�MOrw�suD�s��nd»rMwMNr 1�urrol. wiA NM�st IM+MOn,�dwnc�d fa pol�cf IA�arr.wxp d fhfi Gr�!d Tiwt�nd
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<br /> _ ::�s �.•.�r,:Y,< (a!P�+��s�w�nd campNar+cs w�nh ewry Nnn.carr+wK.af�sEbn�nd aynsn�nt o►Tnatar aontair�d h�n a
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<br />_ � �� ��ro T�n�stu►or��arccWSO�►!n!�����wNbh mry fNnrobn haw 6Mn ahrnsfMr M ad►►r�c�d
<br /> . ' :.., ,, dl d whlch(e irenalnaltei oorlactl�rolY called fhe"Indab�dn�s��•�Tiusear Nnvo�ca6M Wanl+�n d v a n s l Y r s b T n u t w,ln b r�Y V I i H POiYER
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<br /> � IAT TRIxTEKti (13). BBENTWOOA THIRD SIBDIVISION LN TBE CI1R OP QMNO
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<br /> �;>'� ISLAND, IiALL COUNTY� NBBRAS�@l
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<br /> --1'° — ffi-g�"'.pr ii7�i�y it�'�`t!�l�3.�b!lCdN99.�i�d!lfL�ll9.9Mdf�{�9MS,Ip!�Gr�Vi�f►.t.�e�ISJIlP,�4.AI1d IrtIFI0YWI1Mlb IIOW Of�NNA�AM
<br /> ., ;;�,. . llu��ad die�►eovb!�)aq equlp�nent�maChinery And flxfu►es rincfudlnp,wlNatrl l/inftedon�aA Ughtinp.heatlnq.ventl/atlnp,coofinp.ai�
<br /> ' «� boi/ers.�anpes dlshwasNe�t,mlrra►a and n�nte�s.
<br /> . „t�,�;i}, y R;. • CQ/If�C�I�.s�011111d1fl�8/1d pllF/idlli9 flJfh/IAB�wdrer611dQOWerdj�S�6/113,6/JDUTAB, .OVefi3,
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<br /> ,,�`,;.�;-. ,.;`��.�'..'r'. aqulpn�sr►t�atam and screen windows,do�o�,�awninDs and sAadea)now or he►eaRer anacl�ed to,a b�IR ln.any buildinp almproa�merM
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<br /> ',5,,�9��y�.tt,.,� ,.�.•f,��iAr,i� now ahareeltei located tl�ereon,pll)all ea.ver�aents and nghta o/way appwlenant fhe�efo.(lv1,ell l�in�9hold estate,�Ipht.dde arrd�meroet o/
<br /> i;:;�:�,y;�,��,^.�,,.,;.�;r,.� Tiustor U end to all lesses,whether now or hereafter exisdng a enteied lnto(lncludlnp,wlfhout Wnita�an,afl cash�nd secudty deposils.
<br />- � adveras rer►tals end deposits a payments ol e slmlfai nafuro),peKelMny there%ty1 a!1 renfs,lssues.proRls and incon�e Nrar�/nor»(sub/ect
<br />_ ,,;�dk��s1:�w:��L'�: �,p qb�yM ol Tiusta to Collect end aPP�Y auch ienfe,l8suea.ProBts and Income as they become dua and payabre so lon8 as no evant o/
<br /> � •.•;r;:.• -. ,. �:.r•f deliWt s�dsts hereunder),(v!)afl roya/des,mineral,dl and pas dphts and profita,water,water dghfs,and water atock,(vil)aN tenernents,
<br />� . �e:;: .� .,ti; �;" hNedlwrwnts.prlvlleges and appurtenancea belonglnp.used a en/oyed In connecdon fherewlth,and(vlll)all proceeds of comersion,
<br /> � �•�'�°-•�•�•• � �roluntary or lnvduntary,ol any o/tlw laegoing lnto cesh a llquldeted cla!»u(lnalud/ng,wlthout I!mlhUon,procecda oNnswanoe and
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<br />_1�,:. candemnaUon awerds),ell o/whlch ls herelnalter collecdvely called the"7�ust Property".
<br /> � �0 PROTECT THE SECURIIY OF THIS DEED OF TRUST,TRUSTOR COVENANTS AAID A(3REES AS fOLLOWS:
<br /> - • . 1. ifde. Tiustor covenants,+vanents end ey�ww wiU�Beng�klery.Its s�ccessors and�sslQn:,,that Trosto�ourns Y:�*rust Properry fiee
<br />;' ;� . " �- '�• hom any p►b►Uen a e�cumMance,that thls Oeed of Tr,:�stls end wpl iemaln a va/ld and eMorceable firat l/en o�tche Tiust Properfy,
<br /> - .��•;� Mat Tiusta,at lts expense,wll/preserve such Utle and will malnta/n dhJs Deed ol Tiust ss a Ilrst and peramount l/en upon tha Tiuet �
<br /> . � •,;�<i;�;�;: Propert�and wil!laeva�wana�t end d�fand the valldlry end p�ionry o!the►len hereo!agelnst 1he clelms ol elf porsons and partla�
<br /> - " • whornsoevPr.7ivata,at Its expense,will cause thls Deed ol Trust,and each amendment or aupplement he�eto,to be liled and
<br /> �• recatled as a moitgur�e of�a Tiust Properry In such manner end In such place and wlll take such acdon es In Nre opinlon of Truatee
<br /> -, - , � : may be requlred by any,aesent or luture law!n order fo perfecf,ma/nfaln and profect d►e Ilen o/this Deed o/TrusL as the same may
<br /> ,"-f • be emended or suppfemented/rom tlme to dme.Tiusto►w'ul meke such lurther easurance or assurances M perlect!ts title to the Tiust
<br /> ,. � ,.. Property as may be requlred by BeneNclary. Trusto►he�eby re!lnqulshes all Nght o/dower and homesfead!n and ta the trrrat Property.
<br /> ,y:e�n , ?. Pay►nenl o!Mdebtedness.Tiustor shall punctuelly pay the princlpal ol end lnterest on the fndebtedness secured hereby.
<br /> ;� ., 3. Constn�ctlon ol lmpovements. Trustor shell complete!n good end wakmanfike manner any bulldings,lmprovemerrts a repalrs relatlng
<br /> "'�'' therero whlch may be begun on the Tiust Proporty or confempleted by the ban evidenced by the Note secured hereby,to pay when
<br /> .f'`
<br /> due all costs and 1fab111des fncuired therefore,and nof to permlt any consbuctlon I(en egefnst such Trust Propehy.In the event
<br /> conshuctton ol bulldings,Improvements or repalrs a►e contemplated, 7iustor also agrees,enything!n fhls Deed o►Trust to Ihe conhary
<br /> �i •• nofwlthstanding;(a)to prompHy commence any such work end to complete the proposed lmprovements prompdy,(b)to complete the
<br /> �, � same In accordence wlfh the plans and spec1/lcetlons as approved by BeneNciary,(c)to comply w(th all the terms of e bulld�n�loan .
<br /> { agreement,!l eny,belween Trastor and Benel/c(ary,the terms ol wh/ch are Incorpo►ated hereJn by rele�ence and mede e part hereo%
<br />=.�t 7 (d)to allow BeneNclary to 1n8pect the Tiust Properry et all Bmes during const�uclion,and(e)ro replace eny worN w matedels
<br /> '•� i`��' '�� unaeNs/acrory to Benellc�ary wphln BReen(15)days afler written noNco fion►Benellclary of such fact •
<br /> 'r; , % �� �1. Funds la Peyment o/Charges.Sub�ect to appllcable law or to e writton welve�by 6enellclary,Tiusror shap pay ro&eneliMary on the
<br />.: , � Nrst day of eech month,or such other date each month as mey be specllled by BeneAclary,undl the Indebtedness Is pald in ful1,a sum
<br />;�.�;., (herelnalter cafled fhe"Funds")equal to 7112fh o/fhe yearly taxes and assessments whlch may attein pdodry over thls�'eeuf of Tiust
<br />•�;�• . � '`•<<. �j and g�ound renfs on fhe Trust Pioperhj,!f any,plus 1;12t1�o/the ysa�ty premium Installments for hezard Jnsurance,plus 1;12th o/1he
<br /> ,��"'. ,�����",'� ' yearty premlum installmenfs lor morfgage Insu�ance,if any,all as ieasonably estlmeted initlally and/rom Hme to tlme by Benellclery on
<br /> , � y- fhe besls ol assessmenfs and bllls and�easoneble ostimefes thereol. The funds shall be held!n an lnsfltadon,the deposlts or
<br />� ' r,• � • � eCCOUnIs ol whlCh a�e Insured a�uerenteed by a ledere!or state agency lncluding BeneAclary.BeneNclery shell apply the funds to
<br /> - -�i=--�:—_�_,-;_ ..a.eetN�nme aaenoemanfo Inoi�raMO NCMIIlI1fR Alld A/NIIII�/fM}.Q RAtlANRIAN RhAII Mf AA MBIII/AfI M�AV TIlIR�Of 9/IV Il1}91A91 W
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<br /> ;- �• � eamings on fhe Funds.9eneflclary sha/l glve to Trustor,wifhout cha�ge,an annual accounNng ol the Funds showing credits and
<br />�: deblts to dte Funds and fhe purpose lor whJCh each deblt to fhe Funds was mede.The Funds sre pledged as addlA�onal securlty!o�
<br />��'� �•� ��• ' � .. , tl�e Indobtedness secured by[hls Deed of Tiust I/fhe amount ol tl►e Funds held by Benollclery,rogether wRh the/uture morrthly
<br />�� ` � ° � Installmenfa ol Funds payable p�lor to the due dates ot taxes,essessments,lnsu�ance premlums and ground rents,shall exceed fhe
<br /> �� ° emounf requlred to pay sald taxes,assessments,/nswance promlums and ground rents es they lail due,such excess shad be,at
<br /> `�� Tiusbr's opUon,elther prompNy►epeld to Tiuslor or c►edlted to 7rustor agalnst future monfhly insfallments u!Funds.h'the amount of
<br /> , fhe Funds held by Beneflciary shaR not be suHlclenl to pay tazes,assessments,lnsurance premlums and ground�ents�s lhey/all due,
<br /> , Trusta shall pay to Bene/lclary eny amounf necessary to make up t.he aeliclancy wlthln thfrty days liqm fhe dete noUCe is mailed by
<br />' � , � Benet(clary ro Trusror requesNng peyment fhe�eoL Upon peymenf!n lull ol all Indebtedness,BeneHclary shaU p►omptly relund to �
<br />' ��. , , Trustor any Funda held by Benellclary.Il the Truat Properry Is sold under the,power o/sale o►the Trust Properry is otherwise acqulretl
<br /> � . by BeneHclary,Beneliclary shall epply,Immediately prior to tNe sele ol the A,ust Prope►ty o►tfs acqulsltlon by Beneflciary,eny Funds
<br /> ' ('� - � ,:' '* " held by Bene/fdary at the tfine ol appllcetlw►es e credlt sgelnst the Indebtednesa.ll BeneHclery executes a written wawe�o/Trusto�'s
<br /> , ' ��. �� , , :, � obllpeUons under fhis paraqraph 4,Trusbr covenenls end agrees to pay,be%re fhe same become dellnquent,a/l taxes.assessmeMS,
<br /> � ' '. eC rt�er Mro�•n�vre.au�a�ry� _ _
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