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<br /> , . o�o oF TausT w�FuruaE�wvi►NCES � �
<br /> THIB DEED OF tRUST.is made as ot the , lOth�y M � � �si ` ,t9 9k��bY,anO,�rrwng.
<br /> �T� Gerald J • Marohv and Pa�ela s __Hu�t�h� —.
<br /> wt�ose mbili addrsss is 2312 Arro�thead Road Grand Island. NE 6��rein'Trusior,"whether�one9+.�91ek .
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<br /> �TN� ' First Nati Bank and Trnst Co of Reaiuev .
<br /> Mrhose maiTing sddrese is P 0 Bax 578, Heasuea. P1E 68848 - � (herein"T�'�,ernl -
<br /> � �g�;ary First National Bank an� Trust Co. of Reazney .
<br /> - ?, . wl�ose rt�aili�g ad�ess is P O Box S9$, Rearney- *�� 68848 (heretn"Lender"►.
<br /> � �'FOR VALUABLE CO�i5fQ&Sfq�'f!•QI°i:,inc)uding Lende�s extension cf cied►t idenbTied�he��in to �`Gerald 3. Hurphv an&•� �.-
<br />'=t ���: Pamela S Musvhv � �• �harein"Borrowe�':��khether one ar mare)and the dust here�n created, , _
<br /> the receipt of which is hereby acknbwle�gec'c.?rustor hereby irrevocabfy�!3rd;:is,transfers,canveys and assigns W Tiustee,iN-.� � ;r:;�.; .
<br /> ; TRUST,WITH POWER OF SAI.E,torttte bertef�tand seaurity of lender,urtdgr�,a#�ubject tathe terms aadconditions hereiAafte►set ;
<br /> -- far,;h,,�e�eal prapeAy,describeA as foitows: . _ •
<br /> • 8ee Attachement ' � ` •
<br /> _ � . .,; .
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<br /> � � Together with 21!buitdings,improvemerrt`3.ifxtures,st�eets,atieys,passageways.easements,rights.priviteges and epp�rte�: :•- .
<br /> na:rces focated thereon or in anyw;se partainirtg thereto,and the rents.�ssues antl profits,reYersions a�d rema:nders thereot,and
<br /> such oeraonal propsRy that Is attacned to the impravements so as to constitute a fixture.ir;ludirtg,but not limited to,heating and
<br /> � cCOl�ng equipmen�andtogether with the homestead or marital interests.if�ny,v�hrGh 1rt*n:a:;�are hcrehy released and waived:att
<br /> ei which,including replacemcnts and additions!here'o.�s herehy CeciareC ta�e a p3►t df�?:�:°a�estate�ecured Cy the lien ot tnis � _
<br /> � •� peed pt Trust and all of tfie foregomg bemg referred to herein as the"Propetty" -
<br /> - � • ; ' . _
<br /> . This Oeed of Trust shatl secure(a)thP pa�ment ot the pnncipal sum and interest ev�Aenced by a promissory note or cred�t _
<br /> agreemem dated Ju�1OL1991 _____,hawrg a matur�ry date ot _ 1��y► 9..._19�� —• }.
<br /> :: ' in the origina�pr�.r�a��al�mount ot 5_---- 82,616.25 ,an���y and at�mod�f�cat�ona�.:+�r��n�.:ati�renev�a�s '
<br /> thereol or thereta;:nA eny an�all future advances and read�a�ces to 9�rroNe►(c. ar.�o'them�f r^�;���ar.=,r�>hereunder �
<br /> pursuant to orte or mare promissory.iotes��cretld agrePmen*.s�rerem cai!ed"No!o"}.(bf tne payment of ctr��r:�:r3�.i'uanceA by °
<br /> Lende►to piotecithe security otthe Note:!c)the per►ormance:,�au covenan;s a�rd agreements ot Trustor 5et t�r*�hcr'�i:;and(d}alt =
<br /> ' preseM and luture indebtednes��nd obhgat;orys of Bor�awer(ar any of tnem.�t mo�c�har�ano}t��ender whethP.r��"�;(.indit2Ct, �,
<br /> , absotute or contingont anG«flFi;ra_r ansing by note.gu�+ranr�,4�C�d�:l�!O�Q�he�Yl�Sh The Note.th�s�Ped et Tr,i.�rr�any and aI! -
<br /> � atherdocuerttsf*at�QCUTB2dCh:+:?�t'afOthgrt!';eexec�tedinconnNct�onthe!ev���h,mC::+dingrntn0uthrr�t�i;GY;2�af«"193S,SBCU►�t}i _
<br /> agreements and ar:::�,r..�eris riP�e.ses anC r•:f��s,shau be rafe�red ta henjli����?5 thb"I G8n I'+Stru;r.e�fts _ °
<br /> • , T►ustor coyeniir:ca and ag�'r:��wrth Le��!�3i�=s fo�lov�s �. :�:
<br /> • 7� Payrtier,i,Cfi4aE�bteQn�'-:1 iRk�2btvdtC4�SQCwre.��e�rby sr.z��:__'Fa�� �I�1G+1 Ci!�: --
<br /> ' ':, . ;s. 'C!`tl erii+�tN�Is the ow'�+��o�the P+aperty.has the�icN'ar�d a�!�orfty to con.�j:�ie P•ope•ly,ar�d viarrar.r3 rn�t the��en ��
<br /> �:." ` Cr�?�(jG.�?Yg�g'iF_.i�first and priur hen o���h�' p�OpEft%. E+G�SCf�O� ��B'1� 3^-d BRCUmGi:'�L"S SEt fJlih by'fUS!or in�v�itmg artd
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<br />'.:'��;•:+ ' '► Celiyt:ri's•:to le+'drri:eforeoxeCUt�on Of this Dh+�-r1�f Tr:isl.a^:::��.:��ec�:ai�:�t',=.���de!�•�r•�y o+�:=��.Deed o�Trustdoes notvio�ata�n�
<br /> cc;ntr�:�.ti�cther,cc"•lgation to v�h�c��rustor!�a ��i�nlect ; �._
<br /> ".;� -Taxe�;.i��uessments.To pay before Ge'!''.;ii��_ry��I 1'•Ae,,•`.(%FCI�i)1�'?t>SS^:��f:aca a�i ot�°f c�i:�hsaga�ns�tn�Pr�Certy F
<br /> � no�n c�here3ker revied. �
<br /> - 4. tnsuranee.TokeeptheProperty,nsE,redaga�nstd'as^;f�et,7br�.��r<z<l!d:�rc��d�:Jt,tn�ntn�3t=_�•m`t�titen�te:!�o.��rage".ar.�
<br /> �, . .�
<br /> SUCh OthBr Fr�tetC5 a5 LendUr rndy IErqafrEf.�n a�i�uunts an�w�!r�c�rt�pame;y�scce�'dE�:a tv ti��tetr� �:arrz�ng��nder as ai+a�id�uu��a� �
<br /> ,. �' ��� n8med insured.eviih loss payabte to the tender !n casE ot�oss unde.sucn poar�es.tfre Le�de��c ai;thcr�ed to ad�usl.coltect anG
<br /> �,,,: comp�vmise.atl caattttsthereunder AnQ shau have the a�t�o�ot apviy�n a�l nr;,a�::�!tre�nsu�ar.r,e pro:eeds,�1lo an f md2btedrtess
<br /> seCUred her�by a114 in suCh ard2!as Lender ma�9�term�n;,•,�n�10 thE T�u514+,-M be 1>�j!or the«parr r.�•?ytura±:ort r,!thePraperty �
<br />```��` � `� or(iii�forenyoihsYFwposeorcb�ent9at�slactorytaLerdervat��ut�"ECUrrglnc���r�Otth�,`�CeedOfl'tu.tivr�hetu�lamc�n:s�cu�ed �
<br /> � �•� °., Apta�y'�etore�5uCf:payment ever toak pta�ce.An f app�,�at�ar��!�{oceed5±o�RCebtednass s'+atE nr,+�,rt�nd o�c+�stpo�e the due '
<br /> da�B�Ri any RByrnRn!s Gnde►the Note,or cure any tletaut!tnere�nde��r fiereun�Er. , �
<br /> � ' S. EfC�aW:Up��w►itten demand by Lender,'frustor sna��pay t�!erQer,�n s�ch manne!as Lecde�^ay Qes�gnate,Eutticient
<br /> . ' �� sumataenabl��,eq�:ertoGayasthe/becomedusnneoomnreotthetollow���pia�ttaxes.assessm�ntsan�ctrercharg2sagarnst
<br /> �:°1 the P�operty.(ii1 fhe ptemiums nn the propery in�wance re�u'+ed�ereunder.and!n•�t�e prem,ums on�ny m�rtyage insuranCe
<br /> -- .�'. • `. -. - required by Lendet. -
<br /> _ . _ — _'�`� "� 9.Mttn���.�.Re��irs and Con�pliane�witA Laws.Trustor shall keep.tt;e PRO�ert}r �rt good con��t�on an�repa�r, sha11
<br /> � -±�? prompUy repalr,or replace any improvement :vn�cn may be damage�f or desVayed: s�atl not comm�t or permit any w•aste or
<br /> • - � :,• � deteria�atiart o!the Prope+ty:shafi ncf remave.CemoLSh pt substar.t�alty aiter an�ot ttte�mprovements on the Property.shali rtoi
<br /> - - ' z- "';c Commit,sutf8aorpe�mitBnyaCtto�24nneinor�panLhePropetf�inv�olationotanytaw.ord,rtance.arregutaUOn:anQsha.tpayartd
<br /> ' promptly discharge at Trustor's easi and expense aU t�en9,encumtrrances ar�d charges levied,impased or as3essed agairtsL tRe
<br /> : Propert�l or arry OaR thereof. �
<br /> =_- =-,F •.,: �, � ?.E�E�l.Css�tlslsEreII�passigneslalc�pensahan.aw3�ds.Aa�e�an�.otnergaymensserrel:aflt:e�eina}te► • _
<br /> • _ °prp��g?in conneetian with condemna�an nr other tahing otthe ProAerfj e�part t�ereof,or for conve�ance�n►ieu of canQemna-
<br /> � - � - ��{�� flCn.Lertder Shatl he ernit(eQ at i�option to cammenc�appear in att�prosecutg in its a�ra name an f actiere a:�raceedings.arsd
<br /> ' ��;`. °� ' 'shall8(so he entitted to make any�ampromise or selttemeM in connectiartwith seich taWng at Qdmage.tn the event any porUon ot
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