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<br /> aadMMrltabn�ch o6�eio� wr u�aA�d g►
<br /> by 1fN TnM1N wllha�t�nY I��D�a��-Trwlor npn�nb and 1�t
<br /> �{,�,ppr ONars tns a��tAe t�eed o�T� . ;. St Q � oatractors by s ,
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<br /> . Leland 6. S e astner
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<br /> _ _.�.� ---OEED OF THl1ST WITH FUTURE ADYANCES
<br /> �pEEp O��ugT.ts rtads a,o!n,s 25thd,y a October .tsg2 b�and�
<br /> �: �T�� Stef fen & Rove Cantractora, a Fartnership .
<br /> Route 3. Boz 3-a-1, c=a�a �$l�a. ����N�;�er one or mcn�
<br /> -= Wtwt�rt�irg ad0�ss,is , -
<br /> _ - — �7� Five Pofnte Haak,r A ite,�raska Corporatfon .
<br /> _ �����.�� P.O._ eoi 1507i'�rand Ialand. NB 68802 • �[ir�7ruaw'�.and .
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<br /> -_ ths Bendicisry. oi ts $ank , , '
<br /> - " y����a��� P.O HoY 1507 Gran�island. NE 68802 (herein"LenQer?. _
<br />� FOEt VAWABl,E CONSIDERATIOH.itlCtudifl�Lenders Oxtenslon ot credit identified lferein to.Si °f f an �� Aowe — —
<br /> l.:-r�4 ;: '' cantractora, a Partnershfp (heroFn"eoROwe�,whether one or more)and the dust tierein creaoea.
<br /> F<' �:• '�` the rq�e(pt of which ts herlby ackrwwtedged.Trustor hereby irrevccab[y grdnts.transters.conveya and assi�ns to 7rustee.IN �-
<br />- ' n{�g'r.W{TMPpY1fEROFSAi.�falheberlefilandaecnritYoitsnQer,urtderandsub�ecttothetermsandconditionshereina�set
<br />_ ' : .i�oM�fhs real DropsrtY�Qescribed ss fask�
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<br /> ' Lot Tirenty-Sevea �,�7). R � H Second Subc�iviaivn. gaell County�
<br />- Nebraska .' .
<br /> � To�ether wrih all6uiidings,im�"r.�ments,fixtures,streets,atteys.passage��L��easemertts,�i9hts,pri�iteges and appurte-
<br /> nances loceted thereon or in anyw:sc FartaiNng tAereto,and the rents,issues artd�t�.reversians anA remairrders thereof.and _
<br /> auch pe�sona!propeRy that is altac�s�to!he imarovements so as to ccnstitu•�e�1�zd�xe;inctu�rr�but not Ilmiled t0.heatinp and �, _`_
<br /> coolin�equipmenfi and together with��homestead or marital inter�sis.i!any,�ri`r�cn i�terest5�he�'eby released and waive�all
<br /> • ot whici�,inciudin�roplacemenb ert�a�t��ons theret0,is h8reby cie.t.3red t0 be�?�aA ot the r�`�5'ate secufecl by/he Iten a4vhis �`_`_:
<br /> . _�i� •. pee0 ot Tnist and aU ot tAe fa89oinp i��g refened ta herein as the"PropeR�'•-' : � , � _
<br /> Tfris Dead of Trust ahatE secure(p)the paymerit c'f the principal sum and srr�� �, evfdenced by e ps �_r.misu�sry note or credit �.'.-
<br /> '' . �� October 25� 7991 ,havi�g a maturity QatB of AR��� 22' 1992 • '�;=E�
<br /> ' � aqreement dated . =�`
<br />• a n�n_g0 ,and any�;att mcG�i+�ons.extensions and renewats •�.'4�=�
<br /> in ths o�inat principal avracs-1�tS�.:` -
<br /> • .thereof or Merow and��=��'�zi,irsrre advances and readvances to Borrow�-i;��as+Y ot them it more than one)hereunder
<br /> �- � � puauantto ons or mvrvt�:3s�'Yrotes or credit ayreements(hefeln calted"P�e�m'�s�h)the pay�nem ot other sums advanced by __
<br /> , :rLendertoprotectthss�qu�+��cfthafitote;(c}thepeAormanceotallwvenantsan��,��ement�ofTrustorsettorthheretn;a�d(d)all a
<br /> ` yx�e�ent E9,�futu�e IndbbteQness a'.c�G"�iiqations o t B orrower(oe any o t t h e m l t r.s a r�t h a n o�°i��',e n d e r w h e t h e r d i r e c b i n direc t, �
<br />;n: . . `` ebso;u�r,�`r,ontln�ent end whett�x'o'f!:%;ng by note.guaranty,oveY���!.ar otherwis@.The�•����aeed u1 Trust and any 3.��a0 -.
<br /> • :'.olherOc�:t�ntsthatfacuretheNot�a+�a��5erwiaeexecutedinconnr�;;�:�ytierew��,�•:;,�Cing��ro.;�imitationguaranteas.se�un2y . :
<br /> e�reements and assiynments of te^��'td rents.:�*�:3 be retorrect�co herein�tr�`a,���[r,�:;;;Ments". , , '-'`
<br /> ' • Trwtor covenants an0 agrees ariiri.�:ender a3Y;aii;i�s: `;, A• .
<br />. , ,� - ' 1. PiynNM M Ind�MbnNS.atl-ir,�..btadne�•:���red her@hy shall be p�4�a��:�'C:9 . .�.
<br /> �;, �^ 2. Titl�.Trustor is the owner et tl;���aperry,has the right�aA authority t3 :�"ye�t`.�r"�:erN,and warrants that the Uen ��, . � .
<br />- . .. �� - created hereby ia a tirst and prio�►:en an the Property.except tor iiens and encumbra::ce�<a:�C iortA by TrustOr in writing ttnd :
<br /> d e l i v e r e 0 t o L e n d e r b e t o r e e x e e u tl o r s G i t r►i s 0 e a d o t T�u 9 1.a n d t h e e x e c u t i o n a n d d eliv er y'tt5�•:_I]esd o1 Trust does no!violate any �•„_ ,,,��.���'
<br /> ' � � contrae!or other obllgaf�s^to whtch Trustar Is subject. .�� � '�'��
<br /> ��A � 3. T�xM.A�Nt�•To pay b9fore delinquency a11 iaxes,speclal assess.�rc-r'S a�da�`':.t`�er charges againstthe Property �� ' ,
<br /> � � � � aow or hereafter lev�+.• . � ' '
<br /> -.'..'r�, . �. . ".
<br /> 4. in��ne�.To k�e�+the Pro�erry Insured agdin9t damage by flte.hazards rrtc'��tfed with:^Jte term"extended coverage',and �.:,
<br /> �: � �� suCh otfrec t�2ar��L.enQe►m3y re��ire,lA 8mounts and with Cv�Ranies acceptabte to Ler��'.naming Lender aa an aQQ��.'�ria)
<br /> .;��ir;r:�:;t� ' � nart+�Ir�.rtd,wlth los�payabte to�se Lender.In ease of toss urtdei such p�tiotes,the Lende�uauthorized to adjus!cGj'•a.w�w�rd
<br /> ��-�' •_�'�''� compro�rise,altctalm�thereundaran��hatthave�haopt�onotapptyingauorpartoftheinsuranceproceedsp�toany�ndebt°Srtess
<br /> . . .. ..�.:,.�.. � a
<br /> • 'M secured hereby and in euch ordera9 Lender may determine,(i�)to the Trustor to be use0 tOr thg repair or�estcraU:n otthg Propertyr �
<br />- ' • �•`.�`r�' .�.�;, :,' or(li�tor any other purpo�e orob�ect sat�atactory to lender without aNecting the t;er�6tthis Oeed ot T�ust for thef�uif amount secured
<br /> ;�:;�,ai:• harepy before auch payment ever toak ptaee.Any appucaUon ot proceeds to inc_b:ednees shall not extend or pos�one the due
<br /> �"'-��%' " date ol any pgyments unQer the NOte.or cure any delauH thereunder or hereunder. , t
<br /> ' ;'.".�''�`°""'" 5. Eaerow.Upon written deman�by Lender,Trustor�hall pay to Lende�.in such manner as Lender may designate.euHlCient
<br /> �''-'�� � �aurt�stoenabteLendertopaya�tf►eybecemedueoneormoreofthotol►owmg:(��alitaxes.assessmenfeandotherchargesagainst � • -
<br /> � �� � the Property,pi)the premium�on ttse property lnsu�ance required hereurttler,and(iiij tha Premiums on any rribrtgage insurance � �
<br /> ;w.ft •�� � . •
<br /> ;�•.:. - . required by Lender. � '
<br /> ' . _• �`�'• ='== 8. MsNMbnsnos,Rlp�n and CompNan��wHh Ltws.Truatot�hatl keeP the P[oOe�Y�n goad condition and reP�:shall - - ,
<br />• `' '��� � ��� promptly�epsi►.or teptACe any improvement whieh may be damaged or destroyed:shail not commit or peimH any waste or �
<br /> ' � ' � deprlotatton of fhe Property:sAali a0t iemove derr�oli�h e►nubstantiaUy atte�any ot thg improvements on the Property:shall nof '
<br /> �+ cOmmiE sutler or permitany aettobedona in or upon theProperly in vlotaUOn Ofeny law,ardlnance,or regutaUOn;and shall payand ;�:
<br /> -__,� � ��is'_:.:::�. �.•;._ : promptty dlscha�se at Tru�tor's eost and expense all liens.erttumbranees and charges fevted,im�esed or assessed againat the �
<br /> '.-_—,=-.-------- pt�1y 0�gny p�tt N�arcof. - - -
<br /> �� � y, EnNMn!Op�rn.lender 1s here6y as�t�ned a11 compenaBUon.awards,damages and other payments o�reliet(hereinafte� ! �
<br /> . � "ProeeeQa"►in eonnectfon with can�emnaUOn o►other taking afthe Propertyor partthereof,or tor canveyance in lieu of tundemna- � �
<br /> � fion:LenQer ahsil be entiUed et it�opUOn to aommeeCe.eppeae in and prosecute in ita own name any actlon or proceedings.and I .
<br /> - ��"'.. • �- shal!et�p�entlttedto rt�akeany comprom�lear eelUement 1n connecUan with auch teking a damage.U the eveM any poRton of E . ,
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