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s , � f�- � <br /> � = D � . j ' �} � '- � <br /> m • <br /> � rn N <br /> . _ 2 D z � � <br /> p � `� c� tn <br /> n s cn � � o --� Q <br /> � � c_: C D p �*'1 <br /> � ,—� Z "i � <br /> � rT' r�l- „� —1 rn Ct� C�-+D <br /> l„ � c> ? �, "'� p v <br /> � �;,." o -n ca <br /> �, � � � � � <br /> � ;�� (.,:,.'v � r�n ~ v�, <br /> � � W � <br /> R� � �-�� �:� � �-- � � <br /> � -�. � ��5 r n o �, <br /> I � � �� k� � � <br /> r". ►� � o <br /> �`� h—� v v � �p <br /> '_', N CIl r�+ <br /> � � <br /> 99 l �000� ° <br /> DEED OF TRUST <br /> THIS DEED OF TRUST, made this 1 2 t h day of 0 c t o b e r , 19 9 9, 9,:, <br /> byandamong Michael L & Vermel Sue Timmerman v <br /> (herein "Trustor"); and D e n n i s J G r e e n � <br /> , whose mailing address is 116 0 5 A r b o r o <br /> Omaha , Ne 68144 <br /> (herein"Trustee"); and Associates Financial Services Company of Nebraska , Inc . <br /> whose mailing address is 2 3 3 N 4 8 t h S t S u i t e I <br /> Lincoln , Ne 68504 <br /> (herein"Beneficiary"). <br /> FOR VALUABLE CONSIDERATION, Trustor irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH <br /> POWER OF SALE,for the benefit and security of Beneficiary,under and subject to the terms and conditions of this Deed of Trust,the <br /> following described real property,loc�ed in _ = - H 81 1 County,Nebraska: <br /> Lots 2 and 3 inBlock 8 Dill and Huston ' s Addition to the <br /> Cmty of Grand Island , Hall County , Nebraska <br /> TOGETHER WITH, all rents, profits, royaRies, income and other benefits derived from the real property; all leases or subleases <br /> covering the real property or any portion thereof, now or hereafter existing or entered into, and all right,title and interest of Trustor <br /> thereunder; all interests, estate or other claims,both in law and in equity,which Trustor now has or may hereafter acquire in the real <br /> property; all easements, rights-of-way,tenements, hereditaments and appurtenances thereof and thereto; all oil and gas rights and <br /> profits, water rights and water stock; all right,title and interest of Trustor, now owned or hereafter acquired, in and to any land lying <br /> within the right-0f-way of any street or highway adjoining the real property; any and all buildings, fixtures, improvements, and <br /> appurtenances now or hereafter erected thereon or belonging thereto, (herein referred to as"ImprovemenY'or"Improvements");and <br /> any and all awards made for the taking by eminent domain,or by any proceeding or purchase in lieu thereof,of the whole or any part <br /> of the real property. All of the foregoing estate, property and interest conveyed to Trustee herein collectively referred to as the <br /> "Property". <br /> FOR THE PURPOSE OF SECURING: <br /> ��W oe '�'�Y o u s a ri�e�iQ ri t e�u n�r�dT��i g ri t te&of �vpry�ate,herewith in Dollaps($P���ts U�f.T h�� <br /> 4/ UU <br /> together with interest at the rate or rates provided therein, or the principal and interest on any future advances evidenced by <br /> promissory notes stating they are secured hereby, (herein"Note"or"Notes")and any and all renewals,modifications and extensions <br /> of such Note,both principal and interest on the Note being payable in accordance with the terms set forth therein, reference to which <br /> is hereby made. <br /> (b)The performance of each agreement and covenant of Trustor herein contained;and <br /> (c)The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this <br /> Deed of Trust. <br /> A. TO PROTECT THE SECURITY OF THIS DEED OF TRUST,TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS: <br /> 1. PAYMENT OF PRINCIPAL AND INTEREST. Trustor shall promptly pay when due the principal of and interest on the <br /> indebtedness evidenced by the Note,and all other charges and fees as provided in the Note,and the principal of and interest on any <br /> Future Advances secured by this Deed of Trust. <br /> 2. WARRANTY OF TITLE. Trustor is lawfully seized and possessed of good and indefeasible tftle and estate to the Property <br /> hereby conveyed and has the right to grant and convey the Property; the Property is free and clear of all liens and encumbrances <br /> except liens now of record;and Trustor will warrant and defend the title to the Property against all claims and demands. <br /> 3. MAINTENANCE AND COMPLIANCE WITH LAWS.Trustor shall keep the Property in good repair and condition and shall not <br /> commit waste or permit impairment or deterioration of the Property and shall comply with the provisions of any lease if this Deed of <br /> Trust is on a leasehold.No improvement now or hereafter erected upon the Property shall be altered,removed or den7olished without <br /> the prior written consent of Beneficiary. Trustor shall comply with all laws, ordinances, regulations, covenants, conditions and <br /> restrictions affecting the Property and not commit, suffer or permit any act to be done in or upon the Property in violation of any law, <br /> ordinance, regulation, covenant,condition or restriction.Trustor shall complete or restore promptly and in good workmanlike manner <br /> any improvement on the Property which may be damaged or destroyed and pay, when due, all claims for labor performed and <br /> materials furnished therefore and for any afterations thereof. <br /> ORIGINAL(1) _� <br /> -- - -- i <br />