|
�_.s_:.�.�� _—: '_"'" ..�` � 4 . . . . .. .` ' '" ;' . ! __ —_
<br /> ���. ' �. ___`""' ...�. ..._ '.T___—. ..." . .. '�_
<br /> _���: �.. ' • .
<br /> =„n��;,,w,,;,;�;;i;�� , - . . . '
<br /> - ��c�ow���r oF o�o oF Tau�r �
<br /> - ������: . , ��69'75 `�
<br /> Y��rur����dpcurt,�ntthatTiuslorisab�ut3aexeeuEelsa0se4ofTiust�ii6tartar�epsandlhatlhip��wrr .
<br /> — of Mt�Prov(db ior in tM Dr�d oiTn�t Orovidss subsatntlaalty different rfahta and oDifyasions 4oTru�r Man a morE��pe in ths evanY ,
<br /> ot�cMtauitor broaalrof oblip�Uart und�rtM De�dolTrust tnctudinQ,butnot limitedto.the Lendar'a�t�htto haveMe Propany aotd
<br /> T�na��orT��tt e ax�eutlonj�+ths O�aed�Tn�nt��r ronressnts and warranLs tRat this acknowtedpemanL was executed by •
<br /> �DYIK�ND E�ITERPRISES,-INC. '
<br /> _ _ atnr _-
<br /> - � President
<br /> Ttustor -
<br /> DEED OF TIiUST WITH RE ADVANCES '.
<br /> �OEEO OF TRtlST,b made as of tlts Z� y of OGtoSer .19 91 by and amons ___...__�___.��
<br /> � �he Tn,stor. Ovmond frrGer�ri.ses Yna — , ---
<br /> _ - whcse mailtng�ddcess is ��Q4 South Blaitre� Grand Island NE (hereia'?rustor:'whether ane or rt�ore). —
<br /> �TN� Lelertd B Jones . �=_-::
<br />- Y. 1218 L St., Aurora, Ne 68818 herefn'Trustee"},and �`�^ -
<br /> - -- wBose mailing address is � ���_
<br /> ;�` ___ the Beneftciary. First National Bank tif�Nlarquette ' '�^_----
<br />. - ��`'f - whose mailing address is. P.O Box 39 t+�arquette NE 688�4 . • (hereln"tsndet'} . �`'����-_'-
<br /> ��,r�st: r.� � � � �.. , �-=--`..
<br /> °`'��s`� FOR VALUABLE CONStOERATION:imcfv��tender's extension o}cred3+dentified h8cein to��mottd Enter�riseS- �_y.��°
<br /> •,.;,�..; {�,�
<br /> , . . ��,f�:f.iE9'�Y
<br /> c.-s,::. ' {�►• ,3.�
<br />. :;_:�;;, Inc. (herefn"Bomnwer ,whether one or more)ani�tta�trust herein created. . �--�?-;�y�:�r
<br /> `.;�'f�?" � 'J � � the receipt of whicA is hereby acknowledged,Tr*,;,stor hereby inevocabty g+ants,uansters,conveys a��assigrtsta TrusLee.IN _ . ',F�Y-�
<br /> r'��" `�` �• TRUST.WRHPOWEROFSALE,torthedenefitendseGUrityotlender,underand�ubjecttothetermsandconditionshere3nafterset .�L.�,:; •
<br /> . . . .'� . �.•-
<br /> .� t�
<br /> � . . " - :. toRh.the real ro •�f,
<br /> , p periy,described as follows: �`� z
<br /> �<F(•���'�' L�� The Northerl�-Qne-Sixth of Lot �i�e (5)� in Block Sixty-Five (55) in the OriginaF Taam, . <�?��
<br /> < `�;�t�, �:ra��f
<br /> -:�iy°, now City af.�sand Island, Hall Coi�nty, Nebraska, s��d premi.ses having a frantage of : .._ �.:y:;.�;_.
<br /> �,�,;, ,
<br /> °;�' Twenty-two .�.�'SJ Feet of Spruce Street (now Wheeler.l�c+�� and extending the Easterly :µ_ '�
<br /> �': ` , r:'.Z
<br /> � ;� , lirte Of sai� �at. . �� �� -t�f<.���
<br /> �• � ���i�.:•., T a g�h$c w S�•2 t 1 b u i t d i n g s.�c r s g r o v e m e n t s,r x t u r e s,s t r e e t s,a l f e y s,p a�3 s w a ys,e a s�.men t s,ri ghts,privil e ges and a p puRe• ,.� ��
<br /> ' , ''�'�'� �' na�cES�aea�ed�hereon or in any��se pertaining thereto,artd the rents,isss:��a^d pro�,c,:ersions and cemainders thereof,and �' .�•�.���'����
<br /> ���:�s, �;,-. .:��. .
<br /> . t-,�,;i t°='-�,.:- - s u ch p ers onai pro p e r t y that is attached to the icr.provements so as to can���s�a fixtur�:�c'uding,but not limited to,heating an0 . , �
<br /> .`'f,lf� ' ^-Y� coolin�equipmenXandtogetherwIlhthehaTa�i��dormaritatinterests,cfur�::•r.4'*.tchin�r�'sarehorehyceleasedandwaived:all �,. t ,.�1� .���-
<br /> ,��•� �"� • . clwi�ich,includingreplacementsandaddi.crs•����sto.isherebydeclaredtsteap3rtot~rerealestatesecuredbythelienolthis �
<br /> �.:,G+ , '��--
<br /> . - Deed of Trost and ail of the forega;��be:�a_rc�5�:'ed to here��as the"Properry". , �,
<br /> - Th(s Oeed o1 Trust shaQ secur�f�si n'e wsr-:ent ut the zr.,r,::�al sum and interesl e+ndenced by a prom�ssvry note or credi! , • �
<br /> � �� �:`� agreement dated NovembeT �s, �1 ,havirg a m=^.�my date of NflVBmber 18, 1996 __, ��" � �� ',*�'
<br /> �� ; � ���;--
<br /> ' L8 000.00 '' '��.' ;,:;.,fi=.
<br /> in the original principai Pmount af'S -+ :����y and al!modifications,extensions and renewals ,.=,� �- �-:-
<br /> thareof or theteto and an aa�t�.�9 ti;iture advances and re�,aa;:=:es t�v�"s•ia,�;r c;r?;at them i1 more tfian one}hereuflder �;��" '
<br /> y � {��:'_ e ��,'�-.°
<br /> � � • pw9uanl to one or more promis�.�sr�:�totes or credit agreeme+-^�::'�crei�c�:���'"�r�'�',i�1�1'+�paymerst of other sums�da3r.c�.c�d by �;�;�;:��;�•;:;.�,�;.:;q.:
<br /> �''`��t�y- . LendertoprotectthesecurityoftheNote;(c)theperformanceC�attcover,�.r.;ar•es�c;,:��~EnisotTrustorsetforthherein;ar.d(d)ail ;��_�}{i�;;.�;r;•`j_,.,,.'�-..`-.'�yxf;"-�
<br /> ]�,i5�u�:..�
<br /> � . .e::�`. ',; � present and tuture indebtedness and obligations ot Borrower(or any of t!-.�-.�-�are than one)to Lender whether direcL indirec� . • .r�_.--�._=:-
<br /> . ����" , absolute or contingent and whether arising by�oie,guaranty.overdraft c:-5���.�wise.The Note,this Qeed of Trust and any and aU �`�°��'
<br /> ,. � ��I,. `. :._•,':- ..��::
<br />• ' otherdacuentstltiatsecurethgNoteo►othe►wiseexecutedin c9nnectiont.c-��Nlth,inc,uding withoutlimitationguaranteas,securi,y �• ,�.�ky,�,����
<br /> • ' , � '�- '� a �ents and assi nments of teases and rent�,shall be r�er*ed to here�n as the°Loan Instruments'. � � `.'�-• ��`"
<br /> Sr 9 �' '. � '.: . ,
<br /> • � ;�'- ., Ti�tor covenants and agrees with Lender as tollows: � ` '
<br /> '`�' -' . t.aaym�nt ot tnd�bt�ln�.All indebtedness seccred'+?��by stfa�l be Ca�O when due. ,+��;� � �.`'
<br /> � f':*7':r •. � � �,r. . � ,
<br /> r , . � 2. Titl�.Tr4;i�r is the owner ot the PrcAc,rt'•y.has the right and au'hcri�;So convey the Prope�y.and warrants ehat the lien � .
<br /> ' _ • ' � created hereby�•�a flrst and prior tlen o��t�ss�Property,except tor uens',=:r�encumbrances set forth by Trustorin writirtg artd � � • �
<br /> � � � •. detivered to Le;dct•netore execution of thi9 Je�C of Trust,and the executic�and del�very ot th�s Oeed ol Trust does not violate ary f ,
<br /> � '� ' contract or otner obligation to�c+i�ich Trustor is subject [,� � • •
<br /> . ��it?;:l��'.,.. 3. Tax�s.Assa�snents.T2�o�,�beto�e detlrquency at!taret.speciat as5essments and all other charges against the�.Properry .
<br /> x'i�?�"� now or hereaker re�ie0. � �
<br /> � , , i.
<br /> �.r�,. v_i.; . 4. Insuranee.Ta+�eepthaPropert�insure42cainstCa�'�3+"ySCyf�rC.�01d7+]iinC�ud99��nthm!hOtG�m"ex�endedcove.ag9�.8t1Q J • �. r
<br />. �}•, - _ auch other hazards as lender may require,in aii;��rnts and with compan.�r�ceptable to Londar.naming Lendor as an add�tlonai t . _ ;,,,?,.t�,
<br /> ,, , named insured,w�:h toss payable to the Lendn_r.ln aase ot loss under sucr�solicies.tho lender is author�zed to ad�ust.collect and { ;.•�..�•
<br /> Cempromise,alI clalms thereunCc-r and shx�t ho^�r.,he opiion otbppiying an or par!of the insu:ance proceeds ti?to any ind�btedneas �-�`�`
<br /> secured her3by and in sucb orde��s Lendev may determtne.(u}to tho Trustor to ba used!or iha repair or restoration of the Propefty i
<br /> . , . , . or(iii�torenyatherpurposeorcbjectsatiSfaetorytoLenderwithoutaftectinglh3i�enoflh,sDeedolTrusttorthe}ul3amountseeured
<br /> , hereby 6etore such payment ever took place.Any app�tcation ot proceeds to�ndebtedness shau not extend or postporte the due f
<br /> . � . date of any payments under the IVote.or cure any default thereunder vr hereunqer. , �
<br /> � � �� . . . 5. Eaerow.Upon written demand by Lender.7rustor ahall pay to Ler�der,�n such manner as Lender�oay Cesignate,suNtcient j. � . •
<br /> � ' "- sums to enable Lender to pay as they becoma due one or more ot fhe fouov�ing:p)atl taxes.assessments and other charg9s against ;� , :
<br /> � the Property.(li)the premiums on 1he property tn�urartce reqwred hereunder,and{i�q the premiums on any mortgaga insuranee •
<br /> . - -. required by Lender. • - � . -
<br /> • 6. M�int�nane�.R�paln and Compltaoe�withUw�. Trustor shafl keep the Property�n good cond�t�on and repair:shall
<br /> - � . . promptty repair, or reptace eny improvement wh�ch may be damaged or desuoyed; snau rtot commit or perm�t any��aste or • �
<br /> � deteHOraUOn o11ho Property,shall not remove demolish or substantialty atter any ot the improvements on the�+ropeRy:shall not .
<br /> � - . ccmmit,sutter or permit any act to 6e done in or upon the Property�n violation otany law.crd�nartce.or regutaUon:and shatl pay and , �
<br /> promptty Cisc�arge et Ttustor's cost ana expense all liens,encumbrances and charges levied.impased or assessed againss the
<br /> : _ ---:�.--;.' �-�—.7 Pro�eRy o�ang Qart fherecf. ____ _ _ __. _.
<br /> - - - � `
<br /> ___,_ ,__._-__�._���_-._�_, 7. Emh�f/Danfa&f._�ende�is nereby essigned au compensatio�,awards,datnages and other payments Cr rgl�gt(trere:nafter
<br /> � • "Proceed9'")in cunnection with condemnation or other ta+�ing otthe Property or part thereof,or tor conveyance�n Geu oi condamna- ` -�� `'� " � -"-��-
<br /> . - � Uon.Lender shalt de entitled at its opUan to eammence.apDQa►irt and prosecufe�n its own name any action or proc�edirtgs,and
<br /> � Sha�lBTSO bA entiUed to make any compromise or SetUement in Conneaticn with suCh takinq or damage.In tAe evenl8rty porUCn o1
<br /> . ' ' xecsasru�,auneemaa��aea
<br /> ' O tss�lat�aeweay attannxruf�uu,nase�u�¢sAfsac+atm�e UnmN.HeEUSu
<br /> ;
<br /> :� , •'. , ._._!
<br />
|