|
m n n �
<br /> „ rn N c.n o --Ni o
<br /> ,:. , . n n Z � s . . ,�� �
<br /> cn o
<br /> � ` �. ,..� = D �7 � �i +-�
<br /> z � ,.�.�
<br /> , . ' �� .T N crn-��� N "'� p � .-�+
<br /> � , � � O `t1 CD �
<br /> ' �� },r ''— F—+ C2
<br /> m ���;, � D mrn O �
<br /> � , vl r + � � r � N
<br /> � r a � ""
<br /> N �� � y
<br /> , . , � .�� � �".
<br /> . � � � �
<br /> � � �'1 GJl �...�D.. ~ �
<br /> . . • W N � �
<br /> . . ., ' � 9� 10941 � `� z
<br /> , . . ,�. ... , . � o
<br /> ,. , . . . .
<br /> � - � DEED OF TRUST WITH FUTURE ADVANCES
<br /> � THIS DEED OF TRUST,is,made as of the 21 S t day of S e�t embe r , �9 9 9 , by and among p
<br /> tneTrustor, Rich'ar.d 1��.. Fischer and Laurie Fischer, husband and wife o
<br /> whose mailing address Is 9 S O 8 S . `•N ebr a s ka H i�hwa 11 , �Jc oc-. h i ve��e n"Trustor," whether one or morel,
<br /> cne7'rustee, B«ri�k of .Doniphan
<br /> whose mailing address is �'p'0. �qx 270 � DQniphan, 1VE 68832 , ,
<br /> (herein Trustee"), and
<br /> the Beneficiery;' ��� �� °�3�a�ik�-.'�bf �Doni D�1an
<br /> whose meiling address is'�'� P• O•. ,Box. 270� Doniphan, NE 68832
<br /> lherein "Lender').
<br /> FOR VALUABLE CONSIDERATION,inc�ud(ng Lender's extension of credit identiffed herein to R i �_h a r� R. F i s c h P r
<br /> and La'u�'ie F�'sche�' '
<br /> (herein "Borrower", whether one or more) and the trust herein created, the
<br /> receipt of which is hereby ecknowledged,Trustor hereby irrevocably grants,transfers, conveys and assigns to Trustee, IN TRUST,WITH
<br /> POWER OF SALE, for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set fo h, tha real
<br /> property,describedasfollows:The West E�alf of �'11e Northeast Quarter of the Sout�ieast �
<br /> Quarter (W2NE4SE�) of Section Thirty-One (31 ) , Towns�iip Ten (10) North,
<br /> Range Eleven (11 ) West of the 6th P. M. , Hall County, Nebraska.
<br /> , �. ; ,
<br /> PROPERTY ADDRESS:��.�$.. S��;t 1-� rI^b �- I-I; � ? n •
<br /> i ct::�'.c:. _���].W�.�1 �--- 9 G,voC? .i J,i , i1T�'+
<br /> Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances
<br /> located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, and such personal
<br /> property that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating and cooling equipment;
<br /> and together with the homestead or marltal Interests, if any, which interests are hereby releasad and waived; all of which, including
<br /> replacements and addit(ons thereto, is hereby declared to be a part of the real estate secured by the lien,of this Deed of Trust and all of
<br /> the foregoing being referred to herein as the "Property".
<br /> This Deed of Trust shall secu�e(a)the payment of the principal sum and interest evidenced by a promissory note or credit
<br /> agreement dated Se�tember 21 � 1999 ,havfng a maturity date of Se�tember 20, 2004
<br /> in the original principal amount of A 144,000. �� , and any end all modificatfons, extenaions and renewale
<br /> thereof or thereto and any and all future advencea and reedvences to Borrower(or any of them if more then one) hereunder purauant to
<br /> one or more promissory notes or credit agreements (herein called "Note"1; (b) the payment of other sums advenced by Lender to protect
<br /> the security of the Note; (c) the performance of all covenants and agreementa of Trustor aet forth herein; end (d) all preaent and future
<br /> Indebtedneas and obligetlons of Borrower (or eny of them If more than one) to Lender whether direct, indirect, absolute or contingent
<br /> end whether arlsing by note, guarenty,overdreft or otherwise.The Note,thfa Deed of Trust end any and all other documents that secure
<br /> the Note or otherwise executed In cqnnection therewith, including w(thout limitation guarantees, security agreements and assignments
<br /> of leases and renta,shell be�eferred to heretn as the "Loan Instruments".
<br /> Trustor covenants and agrees with Lender as follows:
<br /> 1. Payment ot Indebtedness.All indebtedness secured hereby shall be pafd when due.
<br /> ' ' 2, Title.Trustor Is the owner of the Property,has the right and authority to convey the Property, and warrants that the lien created
<br /> hereby is a first and prior lien on the P�operty, except for liens and encumbrances set forth by Trustor in writing and delivered to Lender
<br /> before executfon of this'Deed of Trust, and the execution and delivery of this Deed of trust does not violate any contract or other
<br /> obligation to which Trustor is sub)ect.
<br /> 3. Taxes,Assessments.To pay before delinquency all taxes, special assessments and all other charges against the Property now or
<br /> hereafter levied. � �
<br /> 4. Insurence: To"�keep�the Property insured against damage by fire, hazards, included within the term "extendgd coverage', and
<br /> such other hazards'as Lender may require, in emounts and with companies acceptable to Lender, naming Lender as an additional named
<br /> insured, with loss payable to the Lender. In case of loss undar such policies,the Lender is authorized to adjust, collect and compromise,
<br /> all clafms thereunder and shall have the option of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby
<br /> and (n such order as Lender may determine, (ii) to the Trustor to be usad for the repalr or restoration of the Property or(ifi) for any other
<br /> purpose or object satisfactory to Lender without affecting the lien of this Deed of Trust for the full amount secured hereby before such
<br /> payment ever took place.Any appiicatlon of proceeds to indebtedness shall not extend or postpone the due date of any payments under
<br /> the Note, or cure any default thereunder or hereunder.
<br /> 6. Escrow. Upo� written demand by Lende�,Trustor shall pay to Lender, in such manner as Lender may designate, sufficient sums
<br /> to enable Lender to pey as they become due one or more of the following: (i) all taxes, assessments and other charges against the
<br /> Property, (ii) the premfums on the property Inaurance requ(red hereunder, end (iii) the premiuma on any mortgage insurance required by
<br /> Lender. . •
<br /> 6. Malntenance, Repelrs and Compllance with Laws. Trustor shall keep the Property in good condition and repair; ahall promptly
<br /> repair, or replace eny Improvement which may be damaged or destroyed; shall not commit or permit any waste or deterioratlon of the
<br /> Property; shall not remove, demoliah or substantially alter any of the improvements on the Property; ahall not commit, suffer or permit
<br /> eny act to be done in or upon the Property in vlolatlon of any lew, ordinance, or regulation; and shall pay and promptly diacharge at
<br /> Trustor's cost and expense all Ilens, encumbrances and cherges levied, imposed or assessed against the Property or any part thereof.
<br /> NBC�467A (Nooapdcultural Deed)R�v.12/97
<br /> �1 791111 u.��.....�o...�..�n........�...�r..._._..a e_..�_"."""'"'" "'__'_ "'`'__'._
<br />
|