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<br /> NORWES'FBANK � ��xA� iTi6 s� ARSAI:TAT_TAAi (hereinatts�catledthe"Truste9').whGSemaiingeddrasi�
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<br /> �:= !f THtS BOX IS CHECKEO j % 1��S OEEA nF TRUST CONSTITU?'ES A CONSTRUCTION
<br /> :�.�; SECUR�IYAGREEMENT UNDEATNE NEBRASKACONSTRUCTION UENACT AND CREATES.
<br /> �"`�'"�� �� GRANTSAND CONST17i!lESA CDNSTRUCTlON SfCURlTY/MEREST IN THE PROP@iiY
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<br /> :• -.,',i - .;., eDHEREtNBF1DW. n�p Fi� �rcm �un caNn .__
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<br /> •' � VYtrERE�6£.Trusmris ind bLett tv Serrer�larp in Me pri at surr►ot iL AFm xp/�nn
<br /> .___.•- --_---�—,-- 59 OOQ_OR _ Qef�ober I� ,f9.�_.([76f81A@ffBF
<br /> , • � . D�nllars l� l.which IrtdebtedRessls eutdertced 6y TirusYnrs promissory nat�d�
<br /> - called Ette"lltnte'j.Rairahteta the vtdettr�BEtr�dsrysrrd havutg�rtratnttiir c�..� Mrr� S , i44 —.
<br /> NOW,tFlFREFCIR�.foe�fhe purFoseat�eeurirrg:
<br /> , .���;�=: (81 P�1��af the EYof�togettrer wtth lrnarest thereon,lefe charges.ptepsyrrrent�t�h�s,any future adve►rceg srr�a!!�nsYans.
<br /> .> �- ,•> � • ` rr�;"dlfftx�ons,subsfltutra�s�rrd rertewals ttrereaf,
<br /> �' :,t '�f.`'f�'�Y.:•r. !/�jfi ' � '%j' Ot21I0.9i8C5t!(PIS,fEBSQlCh3IgffS.Q]ffBlh2lWlatfrrt2l8S8Ui@j80�►.�'�l7l�tfi�'iYl@SEdIC(4'jfQfthl$QBBfpOfr/U&fHRf�
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<br /> -,' ;,,i �3 �,� �;. '�rc�pe��cirnaac�aP tfre covenarRS arrd agr�m�rts af Tiusmr,,wl�eUrero �� �.` `:• . ,
<br /> ' � ..:: '.S�t�� ��'�;�,. �c ". � o@� �iltr ��3F�T7t19�FClb?t3JlJ6d11!9�11�Q�' ;i,. '-�' :' __
<br /> �v,�; , •45� ��% �� 4. +.�'� ( '�ir�frfmr�tce.QfschB� Gtatrd comFrJarrce wf1�t evt�tyietm,caverstrt, g&U�iT ?��!�lrn� }•`. . :;:. � ' _-
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<br /> /��' '�s ,rf,"� '�'*i'+,��ic•.'f%jr�!;}t '�Hl�,Y1]Jl'is:�bjF.IEI.L71?If,�OlBllj10tt78lS�li"�;'fl'�7�II�I7E8Eu,�^L2j:'2�i1f� �r�.°'f�+��`y"ti'1�3i.-►�'.e� � `q�,-� '� � -
<br /> t i �L(jt, •r�'� ��l��Il��j!i°��'isf"'�;1. . 'i f !' �� $LSf•`�IlbdlB�{Qt�i�^.14�iY1(71�3113�.:�lL�F$rt!]r1TS�1tL�Ll1N�f +��1•`U�lS/ff��ft'Ei'�f�0/'�(i�i3��i'Qfd7iT1'CCt1SL3's'Y�' • +����---
<br /> l, � � �c �p,t r'�`�'°ars'�.��..� fdj�;lfir'��a�lj��:i�t�0.4J �f?:r�i7 . r�l , , . : ��_
<br /> �lF ..;.', ��; Y� �i�,�i�`•;f��(`R, ,1ty��ardr�tt?'fia�►�r+��Tiusifi�'��^cr��rl�r�it.�?�,^��ortHlt��.� ���;; . -• . —
<br /> ; `4,. ?�:x{�F,�%:�?';�i;���'�y;r,:� i ;� ' s.,,� iirlire�Fo,cat51�, � �s-iaiiiLlr�rr�'r-rs to Trustee.in uus�L�t'C6�6�i7i�FR 4=--
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<br /> .,_ ;,� ,.i,�,;>>�.:;���.:.. pFSAE�thefoilowii�tl�l�'�/�7�i . . . . , �'� , . -._
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<br /> . _ ... . Lot One (1�, SC�Iic Sb�'sii�l►3sion, Located ia the NE} of NE} 13-10-10 :," +�j��
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<br /> • ' together with(�)aU buildings,structures,eddrtiorts,en/argements,modifications,repairs,�eplacements,and improvements now o�hereafte� ' ; � .„�����
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<br /> • • • lxated the�eon,pi)all eqelpment,machirtery and fi,rtures(including,without limttadon,a!l ligh6ng,heating,venhla�ng,coofing,ai� ,, ,�_
<br /> , conditloning,aprinkling and ptumbrng fixwres,water and power systems,engirtes,boiters,ranges,ovens,dishwas hars,minors an d man t e ls, . . . ,�g
<br /> � Carpedng,lurnaces,oil bumers,elevatois and moio�s,reMgeration plants or units,CommvnicaGon sysfems,dynamos,transforme►e,eleCMcal � � r.:�
<br /> • r equlpment,storm and acreen windows,deo�s,awnings and shades)naw ar hereaRer aitached to,a built in,any buildfrtg or improvement , �
<br /> � � " now or hereafler located thereon,(iii)all8asements artd rights o/way appurtenant thereto,(iv),all leasehotd estate;dght,titfe andlnterest al `
<br /> lrustor fn and fo a!I leases,whethe�now ar herealter exlsting or entered into(including,wlttrout limita6on,all cash and securiry deposits, ',� , . � �
<br /> � edvance rentals snd depasits or payments ol a similar naturo),pertaining thereto. (v)a!1 rents,issues,prolits and income therehom(subiect i' • • ���"?�
<br /> � �� to the dght of Trustor to eollect and eppJy such rents,issues,prolils anC income as they become due and payable solong as no event ot
<br /> default exlsts hereunder),(vl)aIl royalties,m�ne�al,oi/and gas rights aad prollts,water,wate�rights,and water stack,(vli)all tertements,
<br /> � ' � hereditaments,privUeges and appurtenances belonging.used vr enjoyed in connecdoa the�ewffh,and(v111)all proceeds of canverslon,
<br /> ' . voluntary orinvoluntary,otany o!the foregoing into cash orllquidated clsims(includJng,wtthout timitatlon,proceeOs ol lnaurance and
<br /> � candemnatlon awards),all of whicb is hereinaRer collectJvely called the"Trust Property". . r,;•+.:.
<br /> � TO PROTECT THE SECUFtITY OF THlS DEED OF TRUST,TRt1S70R COUPN�I�TS AND AGREES AS FOL�OWS; , • •, � 1;;:;;.•,
<br /> 1. Title.Trustor cave�ants,warants and egrees�it3:Bene6ciary,its successGr;ar.d assigns,that Trustar ou��s the Trust P�vperly free ;•' � . • �:::�.
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<br /> from any p�lor/ier.aencumb�anc8.that thls Deed of Tiust is a�:�w�p remair.a va/id and�a��arceabJe f,�;F tren on the T ust Pro,aery. •: �; .;: • . .
<br /> tw ('fl�T'fJ$t ��::-�r.�.i:':
<br /> � � that Trustor,ai its ozpense,wi11 preserie such title and wil!mair.tain this QeBd of Tiust as�firs.and�a��rnount lien upa:_._ ,,:•;.;;::�., . :
<br /> Pmpeny an d wi U��:revar wa�ra n t a n d d e l e n d r h e v a l�dl ry and pna i a y of rhe i�e^�erecf a�ainsi fhe�c>'arms of a/1 person5 and pa�ss � .���:•,� . ,. ;�
<br /> ,';,';• • whomsoeve� ��s f:r.31 its expense,will caus�this Deed ol TrusL�nd ec�s a m:2ndmenl or su��t3�gnr.�*ereto,to be filed an0 � ' . , ,
<br /> • � � . : ' recarded as a rnar'�ge o!the Trust Propem�r.'saah manner and in sucn+��a Jz and w1ll iake sucr a�tit��as In the oplNon of Tiusfe� .^:�+.r;�:;:
<br /> . :,,,.r;;; � . may be required by any present a�lulure law�r�cr�er ta per.`eet,maintaln and protect the libn pf thi,Das.'of 7rusf,as the same mzy ! . . , • :;t:. ,'
<br /> - ���,�,;�_:� !s�amenQed or supplemenred+�����'tlme ro!.`me.Trustar w�!ma�e such funher assu�ance ar 2ssu�anc�s to pedect As title to the Tiusf ;' ,;,�..,�._
<br /> '�"!"•�',:°''� Qroperty as may be requlred ffir�.��fielary.Trustor hereby�elinqulshes all dght o!dowes�n�homsstead In and to the trast Piope�ty. . .;�;'�,:?r. , �. .
<br /> - ' '` 2. Paymest of Indebtedness. Trusrc•s^a11 punctualty pay tne p�Jaclpal of and interest on the tndebtedrtess secu►ed hereby. � , ;,;:?�,;? . °� ��.,�,,
<br /> � � 3 ConshuCtlon o/lmprovements.lotr5'crsha!!complete In goad and wo�kmantike manne�any buildings,rmaravements or repal�s reladng i ; . ,
<br /> thereto which may be begvn an.the Tiust PropeAy or contemplated by thB loan evldenced by tha Note secured he�eby,to pay when
<br /> due s/l cast8 and lJabllitles inc�rrrari the�efare,and nof to pe�mit any conshuatlan l�en agalnaf such Trust Properry.!n t.he event
<br /> constiuCGan ol bu!ldings,lmpravements or►epalrs are contemplated,Trosfor also agieas,anylhing in thls Deed of Tr1�st to the confrary .
<br /> • . notwithstand/ng;(a)to promptly commencu any such wark and to camptt,te the prnpased/mprnvements prompfly,(b)to complete the
<br /> sama in acco�dr�nco with the plans and specil�catlons as approved by Boneliclary.(c)ro comply with aI!the tern►s ol a building laan
<br /> , agieemenL if any.between Trustor and Bene/ICJary.the terms oi whlah aro Incorpaa te d hereln 6y reference and m�de a paN he�eof,
<br /> � (d)to allow BenellCl�ry to lnspecf the Trust Properry at All Umos during consUuaUOn.and!e)to�eplace any wo�k o�matBNals
<br /> � . unsatlsfactory to B6neflciary with�n 6ftoan(tyl days affer wrdten��vGCd Irurn�enelrciary o!suah fgct
<br /> , ;: ',' 4. F�nds lor Paymsnf ol Charges.SubJect to appl�cable law oi io a virittvn wa�ve�by BeneNci�ry,Trustor snal!pay fo Baneh�lary on the ;
<br /> /1�8f day o1 Bach month,oi such othei date EtaCh month as me y be spocif�ed by Bene%clary,unhi the►ndebtedness is paid In le�ll,a sum
<br /> (here/naKer called ths"Funds"')oqeal to f�121h ot the yearly taxes and assossments which may attaln p�lo�lty over thls Deed of Tiust
<br /> � � artd graund►ents an the Tiust Piaperry.il any,p►us 1�12th ot iha yea�ly p�emmm installmonts lor haZard lnsurence.p/us 1 i 12th of fhe
<br /> yea�ty p�emlum Installments lor moRgage Insu►ance.il any,al�as roasonably estimeted ln�i�atly and l�om tlme to dme by Benel�clary on
<br /> fhB b8sis ol8ssessments and bllls and reasonubte estimates thorvof. The Funds shail be held in an lnst�tutlon,thg d�posits or •
<br /> aocounts a!whlch are inswed oi guaranteed by e federal or state agancy lncluding Beneficiary.Beneficlary shall apptylhe Funds to
<br /> pay sald taxes,assossments,lnsurance p�emium�. �nd g�ound rents.Beneficlary shaJtnot be requrred to payTiustor any mte�est oi
<br /> �, eamlrrgs on fhe Funds.�eneliclary shalf g+ve to Trustor,without chargo,pn annua►aCCOUnt�ng vt fhe�unds shoviing credits and
<br /> ' deblts to tho Funds and tha pu�pose!or vrhiclr e�un debil to the Funds was made. The Fund9 a�e pledged as addiGona►security for
<br /> y the IndAbfedness secu�ed by fhls Oeed of Trus� 1`tne amount ot the furtds held by Beneficiary,tageLher w�th the luture monthly
<br /> Jnstallments ol Funds payab/9 ARO�to tha dug d��ss ol taxes.assassments.lnsurance ptem/ums and gr3u�d rents,shall exceed Lh9
<br /> amount requlred to pay said t�tes,assessmen:s,insuiance p�emlums and ground�errts as Lhe�131.'du�such exCSSS sha/l be.a' �
<br /> � ' t� `=�'�•�� • ��ustor's optivn,e/tAef pr6rnptty r�aid to Tius?n or cred;ted to Tiustar agalrst tutur�,m0�:�fy inst�llm�r�ts o!FeEneYs. l�the aMawr�. ,
<br /> ��_�'���•. • the Funds helG b�Benef,�.^1�y s h�l!not De s�fi,`�ient to pay taxes,assessments.lnsuranCe��Sremiu.^�s�.:9 g�buaC rgnis as thsy!ali du�
<br /> • :
<br /> _. . ._�. '._:�� �;.:';;'=�:�;..�.::�:::;��� . Trustor shan D�.!�B9rrstirJ ar _amo:vrt r�essary to make up ihe det,��;enc wlthin th/ny.days l�arra�he date nvt�ca is maile�i by_ . ..` ' . ..,.
<br /> , . .� r � . n�a�. � > a� R Y a .
<br /> , ��„ `'.� 65nef;clar�r�Ti�rsar�e.,1.�Unqpaymer.h zof.Upon paymenflnfulia.ar1?detifedn..ss 8ffh2fiC13fy�BhS11(SlOmpf!'/�BfimCttv
<br /> ' � . ?'>q��se any f���s fistd by e3e.�l��1ary.lf the 7rust PropeRy 1�sofd un94r th�paw�r�s���oi tha T�usr piopertV u aL'�3rr�1s3 acql,f�� .
<br /> ;t• �..�":.�,��, � • b �3^3fia1�. .8�ne'�c, sh�f,�aaPly.)mmedrately priai ts�f.��se.e af!hs t�ust P»ae�yr��its acqu�siUon by Be.�31r:r?,y..�ny fu79s : ,
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<br /> ,; ;�:;.;:;�.� ? h���'.7;/_B3,73�tc��ry 2t ing>rm�af applica!ran as a c�edit agat.7stfns In9ebr4dr,Ass. «�7:netrciary execu�es a w�;r.an vra�rE�r or Tiust�r's ,
<br /> � a31.���ns�.y9�`tiis pa agra�b 4.7rus!bt C�Y373I1fS Hl1B��f39S 20�lajl.b9tOfc!hEY S�'ma 62CD/7J�tI@1iri.�1811[.�JI faXbo.assessmsril�;,
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