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<br /> ��' � '� ��� + ��`:���-� 1 - DEED OF TRUST WITH FUTURE ADVANCES
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<br /> � '� THIS DEED OF TRUST,(s made ae of tlie �g day of 0 c t o be r , �9 9 9 ,by and among p
<br /> the�Trustor,�Bro,qlc�e.i�E'�.I�;ts� a�n'd Donna Eilts , husband and wife �
<br /> ,
<br /> .
<br /> whoss me;iing addrass�s'�_'��'�_ N. '�'F�o eme s t e ad , Gr and. I s 1 and, NE �herein "Trustor," whether one or morel,
<br /> , .,. . . . , ,.,.
<br /> theTrustee, ���an�k •O'�,`..��Rn��han
<br /> ,
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<br /> whose maili�g address Is �'�P:�0'a $d x 2�7 0 , D�n i phan, N E 6 8 8 3 2 Iherein "Trustee"1, and
<br /> the Beneficlery;' :����;�`;�Q��';�or�a:;phan,
<br /> whose mailing address(s�'�'J�.�`�'•' B'o x ;2�7 0, D on i phan, I�i E 6�8 3 2 (herein 'Lender'1.
<br /> � . . ... , .,: . ,..
<br /> ,. FOR VALUABLE CONSIDERATION,Including Lender's extens(on of credlt identified herein to
<br /> ,'° � ' °, -�Brbdke E�i'1'�ts� �and Donna Eilts , . husband and wife
<br /> ,
<br /> . .. � j , .�. . .. ., „ 1� �. � .
<br /> ; (herein "Borrower", whether ona or more) and the trust herein created,the
<br /> receipt of which Is hereby acknowledged,Trustor hereby Irrevocably grants,transfers, conveys and assigns to Trustee, IN THUST, WITH
<br /> POWER OF SALE, for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set forth, the real
<br /> propercy,descr(bedasfollows: Lot Seven (7 ) , Homestead 2nd Subdivision, Hall
<br /> , County, Nebra�ka.
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<br /> PROPSRTY ADDRESSs ,�,,;; �. ��3323 I�. Homestead
<br /> Togeiiier wlth nii buildinga, fmprovements, fixtures, streets, afleys, passageways, easements, rights, privileges and appurtenances
<br /> located thereon o�In anywise pertaining thareto, end the rents, issues and profits, reversions and remainders thereof, and such personal
<br /> property that is atteched to the improvementa so as to constitute a fixture, Including, but not limited to, heating and cooling equipment;
<br /> and together wlth the homestead or marltal fnterests, (f eny, wh(ch interests are hereby released and waived; all of which, including
<br /> replacements and additlo�a thereto, Is hereby declered to be a part of the real estata 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 secure(a)the peyment of the principal sum and Interest evidenced by a promissory note or credit
<br /> agreement datad OC tObeY 28 � 1999 , hav(ng a matur(ty date of January 18 , 2000
<br /> In tha orlginal prl�clpal emount of 4 �3 ,�306 . �0 , and any and all modlfications, extansiona and renewale
<br /> thereof o�thereto and eny end all future advancea end readvancee to Borrower(or any of them if more then one) hereunder pursuant to ;
<br /> one or more promisaory notes or credit agreements (herein called "Note"►; (b)the payment of othar auma advenced by Lender to protect '
<br /> the security of the Note; (c)the performence of all covenanta and agreementa of Truator eet forth herein; and (d) all present and future ,j
<br /> Indebtedneae and obllgatlona of Borrower (or eny of tham If mora then one) to Lender whether direct, indiract, abeolute or contingent
<br /> and whether arlsing by nota, puaranty,overdreft or otherwlse.The Nota,thla Deed of Trust and eny and all other documenta that aecure
<br /> the Note or otherwise executed In connectlon therewith, Including wlthout Ilmltatlon guarantees, sacurity apreementa and assipnmenta
<br /> of leases and renta,ehell be referred to herein as the"Loan Instrumenta".
<br /> Trustor covenanta and agreea with Lender as followe:
<br /> 1. Payment of Indebtadness.All Indebtedness secured hereby shall be paid when due.
<br /> "' '2, Tltle,Trustor Is the owner of the Property,has the right and euthority to convey the Property, and warrants that the lien created
<br /> hereby is a first and prior Ilen on the Property, except for Ilans and encumbrances set forth by Trustor in writing and delivered to Lender
<br /> before execution 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 whlch Trusto�la subJect. ,
<br /> 3. Ta�es�Asse�sments.To pay befors clslinquency all taxes, s��ciai essessments end ali othar charges against the Property now or
<br /> hareefter levied. ., �'� � � '
<br /> . r:;,'• i:� �ri'l�� ' . .,; � i
<br /> 4. Inau�ance. To keep t�e�Property (naured egainst damage by fire, hazards, Included within the term "extendgd coverage", and
<br /> such other hezerds'as`Lender may requl�e, In amounta and wlth companles ecceptable to Lender, naming Lender as an additlonal named
<br /> Insured, wlth loss payeble to the Lender. In case of loss under auch policlea,the Lender Is authorized to adjust, collect and compromise,
<br /> all clalms thereunder and shall have the optlon of applying all or part of the Insurance proceeds (i) to any indebtedness secured hereby
<br /> and In such order ea Lender may determine, ((q to the Trustor to be used for the repeir or reatoration of the Property or(iii) for any other
<br /> purpose or object satlsfaetory to Lendef wlthout effecting the lian of th(s Deed of Trust for the full amount secured hereby before such
<br /> payment ever took place.Any application of proceeds to Indebtedness shall not extend or postpone tha due date of any paymenta under
<br /> the Note,or cure any defauft thereunder or hereunder.
<br /> 6. Escraw, Upo� wrltten demand by Lendef, Truator ahall pay to Lender, in such manner as Lender may deslgnate, aufficlent sume
<br /> to enable Lender to pay ae they become due one or mora of the following: (i) all taxes, assessments and other charges against the
<br /> Property, (iq the premluma on the property Inaurance requlred hereunder, and (111) the premiume on any mortgage Insurance required by
<br /> Lender. .. ..
<br /> B. Mslntensnc�, Repalr� and Compllance with Lsws. Truator shall keep the Property in good conditlon and repair; ahall promptly
<br /> repelr, o� replace eny Improvement which may be damaged or destroyed; shall not commit or permit any waste or deterloration of the
<br /> P�operty; ahell not �emove, demolieh or subetantlelly alter eny of the improvements on the Property; ahali not commit, euffe�or pormit
<br /> any act to be done In o� upon the Property In vlolation of eny law, ordinance, or regulation; and shall pay and promptly dlachargo at
<br /> Truato�'s coet end expenee all Ilena,encumbrances end charpea levled, impoaed or asaeased against the Property or any part thereof.
<br /> NBC�467A (Non�prlaultwN Dud)R�v,12197
<br />' 0 1688 N�Uond B�nk of Comm�ro�Trwt�nd Bwinp�M�ooletloo,Uncoln,Nebn�k�
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