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<br /> I IF•FHISe B�X iS CNECKED jTHl�DEEOOFTRUST CQNSTIT!/TESA CONSTRUCTION ' � -r��`�`�
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<br /> �:=�-�' SECt/Ri1Y/ItiREEA1ElYf tJHDER TtIE NEBRA�KA COI YSTRUC7/0N UEN ACT/WD CREiiTES. ::'-;--;- ,..,_-
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<br /> - •�..._ �� (3RAAfTSANACQNtSTlT11TESACE)NSTRUCTI�NSECUA/TY/NTEREST1NTNEPROPER7Y i •���:'��-`• :.-�=--�� _
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<br /> . '�:`��:_:�. �. :': WH�EA� Tr�r�tad�be�dbB�iaiYinlASP�►�P��� FORTY OAE THOII5AIID AND NO/100 --� , -- s , `,
<br /> �-., t�s(s Al• ),�A�rl►ind�sbc�dhessisevld�nCadbYTrtrsta'aprom1ssoryndMdatec!Dec er l0,ts gl .lhei�InalDer .. • . .
<br /> ' -- ,a, ---= --- = ca!l�dt�rs"No�s').RayaDl�f�MeardsrdBenefictaryandhavirtgamaoinryof Decesber 20,�2Q¢ . .,
<br /> - _ .- "_: � ' NQW,IHEREFO�1h+fia ptipos�01 sec�rtng: _ . , . • . �.
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<br /> �� � � �� ' !�I P�!'►��o/aL1 dltsr.stnisi fa�ot�t togafAe�'w3B►fi�rsst tlisne0n.Advanced to p�ot�Ct N►e aecun[y o!fAls Dsed of Trust and '
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<br /> . �� �`:'`t`�:-'3�� !I A��s a/and�rn�wiM avery tsrm,covs�srr�o�i8�m�ort and�greemer►t atTrustoF ccntained he�slrt or �"�'••-
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<br /> . . ` • ,:,,y:�irt;�:`;'°; allo/wlrkb Is fiei�irrafter oodecDtney c�tud tlne"lndebtedness:T(ustdf Ir1�t���Y 9rants artd vansfers to Tiustee,In trus�WRH P,oQWER - . , � >�
<br /> '"�`� ,l,i�;S"' �'� OF SAL�tfle fi�lowing drescribedProP�R��.. ' �`'"
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<br /> :,�, y� '. THE VILLAGE OF AI.DAs HAI.L COUNTYs � '�
<br /> i.%''�rs;�t;�?7<<�iy��;%'�'`''� LOT 1�10 (2), CRUIlRINE SECOND_SUBDIV�Zl�I{� IN . . r . �
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<br /> S,r�;, :�;.,_,;.: . tGg�ierwJth�)e7lbuildinQs,s�njrcoires.addf�ar►s er�largertre7���"s repairs replacemertf��sirtffmprovem�sn�G►/pereafte► �, f .
<br /> ' ,. .�•` �, `; iac�ad theraon.fx)a(►eeW,�ttiei�machTnerY and 6�e�(�rdi�:r9 WrthGUt FmitAf/on,altCghain9./reatiri9,vendlatirrg�ng,ab G , , .
<br /> • �ctr8'rdorNng.spdMding and ptd«rbing fixtures,watei arrd �. t�,systems.engines.boiler�,i�rges.ovens,dishwastrer�mirro►s and mantels, � �;; � ,
<br /> .. �- - :::�r.,- carpe�ng,fi�maces,dt brr,rers,eJevatas and motors.r���o►ar►ts a uni�s,comrriurikaGion sYstbms tijmamos:t�anslomrors,e/ecbical
<br /> •�::'; • equ/pme�storm and screen wlndows.dvor�awnings an0 s ha des)now or h ere a f l er a t(a c h e d t o.o r b u�t t l n,a r ry b u i l d i n g o ri m p mvemerrt � ' • - •
<br /> -- �_�'+:=�:',=• now a hareaRer incated Lhereon. �u)elJ e6sEtrt�ris and dghts of waY spRurteRam the�eto.(i�),a/t leasElrold esiate,riqhi,title and inter+est of � �` :
<br />. ---�--- --T�:' �- Trosto►!n and to al!leases,wl►ether raw a li�r�.`�a►ex/sNng ar entered Inta(including,wiBwut iimitatian,al!cash and securtty deposLs. , ' . , '
<br /> �:,��.,, •. advance rentals and depa�ics or payments of a almilarnatrrre,!pertafMrtg thereto,(v1 aU rents,issues,pro6ts and lncome therefrom(subJect � . ,
<br /> , . to the dght of Uustorto coJfect and appy such renis Jssues,arofrts and incame as they become due and payabie so long as no event ol t , ;
<br /> detault ex/stsh�reunder),f5dy ali royai6e9,mineral,al and g�dghts and pro(fts,waTer,water dgMs,and watei stxk,(vii)al!tenements, �' •
<br /> he�ed'Raments;Qrtcifeges and appuRenances be/wrgin�Us�?or enjayed in connecdon therewith,and(vi1!)ell proceeds ol conve►ston, i
<br /> Hplpntary orlrtva�r}r.Od any ot the fwegdng into cash orCrquidated c!alms(lrrc/udlrtg,without llmita�Rroceeds of insu�ance and ;
<br /> � CondemnaG�on�+r�ds1.���ICh Is here/nr�colleotivvely called the"Tiust Praperty". � . .
<br /> - TO PROTECT TtiE SECtIR//Y OF TH1S 0�QF TAUST,rAUSTOR COVENANTS AND AGREES AS FOLLOINS: ,
<br /> J. TiN�e.Trostor cavenancs;Warrants and ap'eQS with B�rreSciary,fts successors and asslgns,that Tiristor owns the Trosr Properiy free � �
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<br /> from erry pdor liea oe errcurnbrartce,thatrhis Deed of Trust ls and will remain a valid and enlorceable first Den mrthe.Trust Propelty,, •
<br /> that Tiustor,at tts expense,will presers�srfch tide and wi11 malntaln thls Deed of Tiust as a tirst�r�pa�amaum lien upon the Tiust � • •.{:�:,
<br /> r P►ope�ty arM w;il taeve�wanant an�d�end the veNdiry and prloriry o1 the lien hereol against ViB Gaims of ap persons and paNes � �'��
<br /> j whomsoever. Trustor.at its expense,wiil cause this Deed ol Tiust,and each amend.�rent or sup�S:E nent hereto;to be file�8�rd `
<br /> recaded as a mor6,�age ot the Tnrst Properry in sr�ch manner and 1n such place errd wfll take su�h acdon as�n che opinlorroi tiustee ,
<br /> �' � may be requJred byan/piesent ar/uture!aw in ad�to pedect,ma/ntaln artd p�a!ect the fien of thls Deed at Tit��:as the sart�e may • „
<br /> be amended w suppfemer►fed irom Ume to dme.Tn�s:or wilf make such fuRher assurance o►assurances irs�rl�Ct its tlt/e fo the Truat ,
<br /> Properly as may be rBqu/red by 8eneflGary.Trustor hereby rellnquishes al!�1ght of dower and hqmestead i,�r a,�rQ to the Tiust PropeRy. ' .
<br /> � 2. Paymertt of/ndebtpdness.Tiustorshall punctualty pay the princ/p�t otand Jnterest on the tndebteCness Secured hereby. �
<br /> 3. Cansbuctlair al/mproverrtents Trustor shall complete Jngaod and war.hnanlrka mannsr any builo�r,gs,imprnv�rriertts or repAirs rHaBng
<br /> thereto whlch may be t�g�n on the Tiust Praperly'a�contemplatEd by thB/021���f d?'RCed by ttte 1Vote sBC�E�f iTe/eby,to p8y WheIJ ; .
<br /> �• due all costs and�liabrt�ffe;incmred the�etore,and n�!r�pe►mit any construcr�nten agalnst such Tiust Pr�per�,�.!n the event
<br /> construcUon of bWld/ngs,_�mprovements a repaira ffre contemplated,Tiustor aiso agrees,anything Jn thls Deed o!Tiust to the comrary
<br /> ' notwithstanding;(a)ta�sromptly commence any such work artd to camp/ete!he proposed lmprc•rements promptly,(b)to complete the
<br /> �� � . , seme ln accordance wlt�r the ptans anrl specillcaBoas as appraved by Beneficiary,fc)to compry�x,rth all!he terms ol a building loan • ,`
<br /> agreemenf,il any.betWeen Tiusfa and 8eneliciary,the terms ol whlch are Inco�porated he�eln by refeience and made a paR hereol, , .,
<br /> „. . (d)tn ailaw Benef�ctaly ta rnspect the Tiust Property at all tlmes du�ing const�uctJOn,and(e)to replace any woik or matenals
<br /> uasatlSlaCtary ta gedff,War;r•wifhin pkeen(J5)days at�er wiiften notice fiom Beneficiary of such facL . '
<br /> � 4. Funds lor PByment ol.Ch�tges.SubJect to appllcabfe!aw 0►to a w�iden waiver by BeneGciary.Trusto�shall p�y to Benefir.lary on the
<br /> fiist dey ot each morrtn or such other date each month as may be specilied 6y Beneliciary.vnt;l the lndebtedness!s paJd in fuJl,a sum �
<br /> • (he�etnaller called the"Funds')equal tv f�t2th of the yeaily taxes Fnd assessments whlch may E"'aln pnm/ry aver ihls Deed at 7rus!
<br /> � and ground ients oa thB Tiust Fioperry.il any,plb5 t i2th ot!he yea�iy prem�um inst8llments t0�h328rd�nsurenCe,ptas t 11nc�1 the
<br /> yea�ly premlum Inst�inerns far moRgage insuran�Ce,i/any.alt as reasonably estlmated lnihatryG�;d l�om 6me to ttme by Beneltciary on ,
<br /> the basls ot assessmenEs and btqs and reasonable estrmates the�eof. The Funds shall be held�n an lnstduiion,the deposits or
<br /> �: accounts al which er9 in5ured or gaaranteed by a federat nr state agency/nclu6�n�6eneflclary.Beneficiary shaU apply the Funds to '
<br /> j Aay sald taxes,8ss8ssmenls,insu►anCe premiums artd yround rents.Beneliciary sGa�/not 6e required to pay T►�ustor arry interest a , .
<br /> t eamings on th�Funds.Benet/clary sna11 give to Trusror,wr�hout cha�ge.an annyal accounting cJ the Funds showi�rg credits and ,
<br /> 1 debits fo the Funds aad the puipase lor wh�ch each debd to ihe Funds�was made. The Funds ara pledged as adC�tionat seev�rty/or
<br /> � tha/ndebtedness secu►ed by th►s Oeed ol Trust ll the amount af the Furtds held by Bene!lclary.togethe�wrth tHe wtu�e monthly
<br /> _'�__ i. lastallmen[s af Fur.dS pay3ble p�ror to the d�e dates at taxes.asceccmant�,insur8►rce premtums end ground reMS.sha/l exceed the
<br /> � ' � amount requrre�t�i pay sa�d t�xes,assessmt�nt�,ins�raUfce p�emlums and greynd rents as they fall due,such excess shalt be,at - =
<br /> Trustor's eptiort,eithel pramptry reparO to?rustor or credlted to Tiustni against fatare month/y instalJments o/Funds:Il the amount ot •
<br /> � the Funds hel�by BeneNc�ary shall►rot be suNicrent to�ay taxes.a&sessments,�nsurarrce pramlums and ground�ants as they lal�due. '
<br /> ' 1 Trustar strall pay fo�geneliclary any�amounf necessary fo make up the deNclency wlth�n thirty days from the date noUCe�s maited Oy .
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<br />°---- - _�--_»--•-_-_--.�_ - claty� eqrlesGirg.RaY�rrentthersot_tl orrpayrrrantinfr,ri�fantaHAbteaness�Bena}ie�a shall mm tl refrutdta _
<br /> � , trustar any Funds held by Beneflclary tf tRe Tiust PropeKy ls sold unde►the power ol sala a�ihe lrust Piaperty i�Qthenv�se acqmred � �.� �
<br /> ,�. � by Bet►etic/ary.B2neficiary sh811 appiy,immedlHte/y pttot fo th8 Salg oi/he trusi Prape►iy,or�f5 acqy�sllrors b y Henefrcrary,any Funds
<br /> , � � he!(t 6y 9eneHctary al'the time ot appllcadon as a credlt 8galnst the fnde6tedness.I!9enefiCiary execut�s�wniten walver o!7iustor's
<br /> # I otttigattan&under�.is paragraph 4,trus�or cav.enalrts and agrees.tv pay,beloie the same become dehnqLenl,a�f taxes,assessments.
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