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<br /> � .- ��,��� �_: � - . . � �, 31-105274� � - :
<br /> `': -,1ti.arona.r,w�d.t�tri.aocu�nc�tt�rts.bas�tta.a�ec�.k�o�.�ao�eT�e�:�t�mo�ti.wanatl+.�tw.00wK � . .
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<br /> � �by r,.Tru.��wia�ou:any�proc�dMp.T�Ao�r�p���wanana th.e mis.crmowtedy�rNnt wa..oacu�ra ey _
<br /> Tt�lor b�tors 1h��on d tM D�d d Tn�t ; � . .
<br /> : .` _ .— � TrvNOr ` � �
<br /> • . • �. ,
<br /> . � ,anice Thayer Preaident .
<br /> J . . . l . . - -
<br /> . � _ o�oF n�u�r wrrH FuTURE�oviu�tcES �
<br /> Tli(R DEED OF TRUST.is rtnd0 Yi Ot thd�Zt11dsY c+t��=��st ,19�1.b1f and amap
<br /> �T�, ��Ped ewaod Inc. a Nebraska Co ratioa •
<br /> wtwNmf�ilingsddnssis�••• "__3._..a Dr3ve. Granc7 Is�1�'e�n8��r�:whdlherattieatmore�
<br /> �T�� .Five Pointa Bank, a �Iei�raaka Co oration .
<br /> ������ P 0 Ba:� �50�. Grand Islaat�, NS'68802 _ .(hshin"Ttusles'�,amd
<br /> �� v.vs vn;nt� R nk � Nehl^_a�Ya �'��nra i�n .
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<br /> .w��,���-P.O. Boz 150?� Grand Islanc� NE 68802 (hersin"1.enaer'7. _ :
<br /> � FOR VALUABLE CONSIDERATION,irtcladin�Lender's extensloa t'sf cred"rt identifud herein to ---
<br /> wpaq���n.�. T=�, (herein"Borrawer'.whett!er one or more)and ihe trust herein cmated.
<br /> the raceipt of wfiich b hereby acknowlsd�ed,Trustcr hereby i►ravocabty grat►tx i�anaters.Com►eya and&ssigns to Truatse.IN
<br /> TpUST�W�TFI POWER OF SALE.Mr1h�benaRtand sscu�(ty oi I.enAer,underand subjecetothe terms and condiGo.ns��l�srset
<br /> fortA,ths ral proputy.dacrl6ed as tolbwx . :
<br /> Lot one (l� IIniv� Square Fifth SutSdivisian in the city � _
<br /> of Grand Islaaa;+�ebraska -
<br /> T�qether with all buit�tn9s,imprcvements,flxtures,street�.atteys,passagewaya easementa,ri�Ate,prlvife�es and appurts-
<br /> n�nces�oceted thereon or ln anywise pertaining thereto,and the reirts.issuea and proftt�.reveraions and remainders��e�
<br /> auch peraonal proparty that is attaehed to the imp�ovements so as to constitute a flxture.Inctudin�,but not limtted to.
<br /> - cooliop squipment and tos e t her w i t h t he hom e s t e a d o r m a r l t a i i r rt e r e s t s,i t a n y,w h i c h i�terests are hereb y reteaaed and walve�all —
<br /> - of which.includiny reptecemenb and additions thereto,is hereby declared to be a paR ot the real eftate aecured by the lien o1 this ,
<br /> Osed ol Truat and ail ol 4he torepoinp beirtg r�ferred t�herein as the"Properly". '
<br /> -' This Oeed oi T►ust shatt aecure(a�fna payment of the principal sum and interest evidenced by a promisaory note or credit , —
<br /> ������ •A�O,��+r_ ��• 1991 ,havtng a matur�ry data of November 1. 1991 , � -
<br /> in ths orl�inal principal amount of S 3�L?.^^^ ^� ,and any and ail moditications,extensfons and renswal� =-
<br /> � thereof or thersto and any and e!I future advances and readvances to Barower(or any of them if more than one)hereunder
<br /> pureuant to one or more pramiswry notea cr credit apreements(hereln oalled"Note"};(b)the paymen!ot other sums advanced by [
<br /> L�ndsrtoprotectthesecudtyoitheNote;(c)theperformanceotallcovenantsanda�reementsolTrustoraetfortf�herein;an4(�all -
<br /> — prelsM and tuturs indebtedne�s and obppaUon�ot Borrower(or any o1 them i}mOre than one)to Lender whether direcL indirecR
<br />-- eb�otute or contin�ent and whether arisin�by note.�uaranry,overdrait or otherwlae.The Note.this DeeO of Trust and any and ail
<br /> - pqfer doewntsthst secursths Note or otherwiae exec�.�:�In connectiontherewith,i�cluding without IimitaUon yuarantea�,seCUrity
<br /> apresrtisnb and ass�nmenh of leases and rent+,sh3:.ba reterred to herein as the"Loan fnstrumenb'.
<br /> T�uatot covenants�nd aprees with LenQe�as fa;:��is —
<br /> �,RsymM�d Ind�bN�.Atl indebtednesa secured hereby shall be�pald wheny ue. a��Warrants that the�len �
<br /> 2.T1W.Trustor ia the owner of the Property,has the right anC authorltyi to conve the Pr��erty.
<br /> ,'. cra�te0 hereby is a tirst and prior tien on the Properly.except for Uen�and encumbrances sei torth by Truator In wdUnQ and E
<br /> delivend to LenQer babre executlon oi this Oeed o1 Trust,and the execution and Qelivery ot this Oeed of Truat Ooes not vlofate any �
<br /> conbact or other obliqa*.ion to whicfi Trustor Is aubject °
<br /> 3.TasM.AsNM�b.To pay betore delinquency ail taxes.50�cial assessments and a�t ot�er charges apainst the Propery _
<br /> �':� now a[�eresfter levied. � ' :-
<br /> 4.I�wraie�.to keep the Property insured ageinst damage by fira,hazards inctuded wit�ie the term"extended coveraqe".and
<br /> auch a�r hazards aa Lender may requlre,in amounts and with�ompanies acceptabte to LenQer,naming Lender as an edditional E
<br /> named inaured.witM loss payabte to the Lenaer.In caae olloss under such poNcies,the Lender is authodzed to adJus�co�l�ct and �
<br /> compramiae af1 clalmathereunder and shaU havethe opt+on otappiying all ar parto!the ln�uranceproce�s��}tQany indebtedness
<br /> . secured herehy anA in auch order as LenQer may dei�rmi�e,pi)to the T�ustor to be used tor the�epair or'r�i3ra7on atthe Property _
<br /> or(iiij far�rty0ther purpose or obJecteaUsfaCtory to Lende►wiffio�t at!ecting the lien otthi�0eed efTrust/or trigfWl amaunt seC+�red
<br /> , hereby.�leloreatuCh pfytnent ever taok plaCe.Any applica�ah ot�arG�eed�to indebtedne�s shati not extend or poatpone fhe due
<br />.- � daM pf sry�aymeab under the Note,or cure any defautt thereur��or hereunder.
<br /> y�• � 5 L�eraw,tt�on wrltten demand by Lender,Trustor shail pay to Lender.irr such manner as Lender may deslgnab.suHiciant
<br /> - - ' sumstoenabteLe�idertopayastheybecomedueoneoemoreolthefoltowtn�;talltaxes,assessment�andotherchargesa9ainst _
<br /> ' y�` the PropeAy►.(ii)the premiums on the prope r t y inauranee req u i r e d h e r e u n d e r,and(i1i)the premlums on any moRya9e insurance
<br /> requtred by Lendsr. �
<br /> , g,�,p�pdn an�1 CoMpN�ne�wNh Lawa.Trustor aha0 keep fhe Property in Soab eondiUon and repslr.nhall
<br /> promptly repair.w replace any improvement whleh may be dama�ed or aestroyed:sha8 not Commit or permit any waste or :
<br /> deMriaNlon ol ths propeAy;shall no1 remove demauah or aubstantialty aiter arry of the improvement�on the Property:ahaq not ;
<br /> commH,sufNr or psnnM any actto be Eons in or upon the Proptrty ie vlotatlon of any taw,ordlnadce,or reputaUon:and ahalt pey and .
<br /> _ _ prontQtly,Aiecha�cge at Truttor's cmt anQ ex0ense all pen9,eneumhrancea end charpe!fevied.impased o�assessad ayalnat fhe
<br />. � p�op�ty or any paA thereof. �
<br /> • 7,E�Y�MN pa�INn.Lender ia heraby aasl�ned all compenaatlon,awards.Qamases and offier paymenb cr retiel(hereirtafter
<br /> � "P�ocesds'�in connecdon with candemnatlon oi otherfaktnp of the Property or part theraof,or tor wmeyance in lieu ol cond�mna• .
<br /> • tlon.Lertde►eha116e enUtlad at ib option to eommencs.appear in artd proaeeute in its own name any acflort or proeeadings,and
<br /> sh�ll also 6e eMitle�to matce any compramils of setlt�n+ent in connecdan wNh euch Mkin�ol dsrtt�In ths avent any poAion ot -
<br /> IrCflqtl��+��Mr.iQ/N
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