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<br /> DEED OF TRUST
<br /> (�` THIS DEED OF TRUST, made this 9th day o November , 1999 j�
<br /> (�,�' byandamong Gary M Roudebush and Shan on M Roudebush, husband and wife
<br /> (herein "Trustor•); and Jerry J Milner, a member of the Nebraska Bar Association
<br /> , whose mailing address is 1503 W 2nd St; Grand s an ,
<br /> 68801
<br /> (herein�Trustee�); and Associates Financial Services Company, Inc.
<br /> whose mailing address is 2014 awrence ane; ran s an , �g
<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 Beneficiar�r u�cJer and subject to the terms and conditions of this Deed of Trust,the
<br /> following described real property,located in a 1 County,Nebraska:
<br /> Lot One (1) and the Northerly Fourteen Feet (14' ) of Lot Two (2) , Buhrman's
<br /> Subdivision, an Addition to the City of Grand Island, Hall County, Nebraska,
<br /> according to the recorded plat therof.
<br /> TOGETHER WITH, ell rents, profits, royakies, 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 hereaRer 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-of-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"Improvement"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 ot the foregoing estate, property and interest conveyed to Trustee herein collectively referred to as the
<br /> 'Property"
<br /> FOR THE PURPOSE OF SECURING:
<br /> (a) T a men o indebt dne e d ced tor's not f e ate herewith in the principal m T ve
<br /> �t�BuYsan�d �our �iun�re� �'wen�'�-�ine an� �O�fB�---- --�ollars($ 1��,4� . •� -•
<br /> together wdh 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 THB BECURITY OF THI6 DEED OF TRUBT,TRU9TOR WEREBY COVENANTB AND AGREES AS FOLLOWB; �
<br /> 1. PAYMENT OF PRINCIPAL AND INTEREST. Trustor 6hall promptly pay when due the principal of and interest on the •
<br /> indebtedness evidenced by the Nota,end ell other charges and fees as provided in the Note,and the principal ot 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 title 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 permk impairment or deterioration of the Property and shall comply with the provisions of any lease ff this Deed of �
<br /> Trust is on a leasehold.No improvement now or hereaiter erected upon the Property shall be altered,removed or demolished without
<br /> c
<br /> the prior written consent of Beneficinry. Trustor shall comply with all laws, ordinances, reguletions, covenants, conditions and
<br /> restrictions affecting the Property and not commit, suffer or permit any act to bs done in or upon tha Property in violation of any law, ;
<br /> ordinance, regulation, covenant,conddion or restriction.Trustor s all complete or restore promptly and in good workmanlike manner •
<br /> any improvement on the Property which mey be damaged destroyed and pey, when due, ell claims for labor performed and
<br /> materials furnished therefore and ior any alterations thereo}.
<br /> ORIGINAL(1)
<br /> 807671 REV.11-98 Nebreake BORROWER COPY(1) oo�SZA.o4 - k�
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