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<br />, �- � WHEqEI�Tn�Or�ardst�edtaBenelFclarYindrep�k�und�T8IRZR BIGflT TROIISAl�,1�tA H0/100�:-- -- • ,- .
<br /> ` � . =`� �.` ` . �ya� , ).wl►icbiridebtedness�tsevlde�ced.'dl�'.Frusto�spnornissaY dated esu�es 1v,�9`Y ,(he�nalter . . . "..
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<br /> ' :�' ` modirPca7ons.SubsOhfic+rs e►u!renewals Meteull,`.; ' �'
<br /> ��� . . (bI l�Y��olaRofherswns,tessdcharges,t+�ll�,wi�Irrt9testiherenn,advanCetfloproEActt3�?s�"c�rilyOfUrslJSedofTiwtand '; : • ,.'. �`�, : �'�aT
<br /> = -�l►►sQnlhrmar,ce atl,s cov�enanraand s�resrnsnts��jr.uua�:.wtuu�ararn�otserrortl�nereire. � . :
<br /> �: ."� .� ' (�I P�e.:d'rse►e�+8e o1 and<:ommPiance wi�+!+avrry,f�r�a.COVerta�obfrgaGOn and agreerr►enL��Tru�°ar cortta+lred Aereln a V s : , i �_
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<br /> --`', . W � !d1 fbs 1sPeY►nent of atfathar sums a futwe advanCar�;wi�lrtterest thereon.whkR may frer+etodore I,a��nr 1►e�e r b e a d v a r r c e d. . �• �
<br />' � � . ' � ey BenelFdary tr�Teystar or rrustor's succesacr krlhMrest�:t,9e •" �" . E• ` _ �
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<br /> aY o/wWch is Ae�ina�ercdkcbvetY caNed Me"Jndat�06iUress:'.Trustaimevocably graMS artd a^^�.�s�a trustee,inUUS�W1tH POWER � � '����-:
<br /> � OF SAI�tAe l�cllowmg:d*.scribed proper[y: :� ' . � }���
<br /> - - �.� ,. .. - .�- Ysrcel 1: I.OT Q��IE (1) OF THE SiTB1i1�4�i9IaN:QF'LflT flINE fl) OB i1IND0I:P��� SiJBDIVI&EO�•.. E . ` ;-�`:
<br /> . .' IN THE CITY OF GRAND I�IIANp�, HAI.L CQIINT1t s NEBRASRA • i . � ''�'
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<br /> � Parcel 2: LOT 1T�T0 (Z) IN BIAQK 98f�RN��{2�� IN SC�II'lMER'S ADBITIDH�TO YH� GI�.'i OP GRAh'D E �.��:. `�����'��.:;
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<br /> ' . ' ISLAND. HALL COUNgY,,;tt&BRA9ICA� � . ;,•< "�``t�
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<br /> bgetAe�with(i)all buildiags.abuctures.addifrdris:,en,farg�merrts,mad'ficaGons,repairs.replacement�,an:ti�rrcrnen(s rrow orAerealter ; �: _ `;,���t3�.;�.
<br /> focated theroon.(ln aN e9u�pmer�machlnery and�as fVteluding,withouf Ifmitadon,alllfgt�6rrg hea�;vernl7�Dn9•cooJing.a1r F . .
<br /> coadiAnMng.spdn�ng and PwmWog fixtures.wdt9r�arrd�lower system�englnes,boiters.renges.ovecc3,d�lr�ashe�s.mimors and mantel� � " ,•'��`;t�'`
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<br /> ,;; hunates.d/bumers.elevato�s antf rt�tar�,/eftrge�atlon plants a units commuMcation systts+►'fs dYeanws.translonne►s.e►ecblce►
<br /> - �b� r Cr b�illlir�anyOiafding orimprovemeM i , ,:
<br /> equJpment:..torm and screen wfndows,doars.�n.nAs and'shad9s)now a hereafter attached t�. �
<br /> now ah�S,Ye►focated tharean.fm)atl ess�t�and rJgtrt&of•way appuctenant t►►e►ete,(;v),2F�leas9hofd estate,aqbt,title and interest of �' .
<br /> ' Tiustaire�re m allleases,wnerher nowor ti�reaR`er,exisb`ng or ertfered/rrto(including,without ri��on,atr cash and secu�ity deposits. ; •
<br /> � aCvance rentals and deposits or payments c�,�SltnfiAf nafure);peitalning the�eto,(v)aIl rems,issues praf`s a�rd Rncome therehan(su0ject , ,
<br /> " •� to t1►e right o/Trusfa to cdfect and appfy suati�snta.i5sues,pro1KS and income as they become due a�►�paya��so long as no event ot i.
<br /> -".�: delault exlsts hereander).(vi)ap royal�ies,.nVij9ralJ,oll�nd gds�ights and pro6ts.watei wate�►ig�.�rrd+rat��smck.(vif)all tenements. . ,
<br /> ��` .hereditaments prlviTeges and appurtenan�.aR beh7vrgfr�q,used os enjoyed in connecSon thelewitP§a:ri{�iri)a!I proceeds of conve►slon, � �,
<br /> � `�f��`��� ' 6olunte►y a lnvduntary,01 any ot the toreg�di'rgiAM CastlOe liqu�dated ctaims(including,without li.r`�.�'.d��p►oceeds of lrtsurance and ; � •��ti�.,
<br /> . . condemnaatlron awardsl.al!ol whlch ls heroin�ti`9r:cNl�ctiveiY oaifed the"Trust Piopeny.. � ,;,;r;�`
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<br /> ' ' - � TO PROTECT THE SF�!lAITY OF TNIS OtJBU 4F TRUSTi.TRUSTOR COVENAM&AMO ACiAEFSAS FOLI.�WS: : ,
<br /> � � ' 1. Title.Tiristor ccven�nts,waaants and ag4ees wiUr 9eneficidry,its successors and assigns,tha!Trw^to��wns the 1►ust Puoperty fise t ' • .
<br /> � �'� ' ' from any pdoilien ar encumbrancs,td�,txlri#Oeed ot,Trust is and will remaln a valfd and e»krcoabte fi�st Ilen on the 7rust Property, �
<br /> �'�'�'�'�% � ' Br.a�ru��r,at its expense,wilt�'ra5etra suCtf�9 and wil!malntatn this Deed of Tiust ss a�rs!e.�l pa�amount lien upon the Tiust •
<br /> ���'`'�°� �� wil!foraver wama?ii�r��l6t�ncf zhe vdlidiry and prloriry of ihe lien hereo�aga/ns!th�3 c/dims of eJl persons a�'d parl/es
<br /> ' . , ; . . .t.,.'. ' Pr�.rcf 0
<br /> � . � whc',t,;Cevar.TT,�'��,at!ts expBn39i.��hl�au4e Mi8 Oeed o!Trust and each smendment o�SWQt�ment hereto,to be�'�a:and ,
<br /> ?°:`• . • ' • recaded as�r�r:�age of the Tius�t P�operty;�naucH manner and in such place and w!lt take s�h action as in the c;�r�c�dn of Tiustee .
<br /> • • " ' ' may be�equ�re.dr�any p�esent or fu:u�a l�w�r ordbr.to pertect,maJntatn and protect the lieno�thi�O�eer�'c+`�'ir�5'��L`a same may �
<br />� be amended or supplemented from t/irta to t1r�e�,?rusror winmake sucA lurrher assuranee oe a�,surances t3 ps;�.�:t r�"-'.%s to the Tiust
<br /> , • F;�pe�ty as may be require4 S�y�e�r�aft�1��.;Trustor hereby rel�nquishes a1l qght c!daxrer.�??hknes_*2�1 c�and t4 t�r^rst Properry. _
<br /> ' . 2. P�-^rent of l�tdebtedness.lrus�pn'�sild!lpa�npt�all�;pay.th9 pdnClpal ol and interest on tAe frrt�:ff9daess s'°Ca�ed here�/
<br /> ' : ,, 3. CanshwuCdon of/ra,�vements.7rusfdr,shalf aairrplet0 rAgpod and wakmanlike manner any buildirgs,ir,%��aments or repalrs�elatlng
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<br /> the�eto which ma�ae begun on the 7�r�st�Rraperly vr aontemplafed by the loen evtdenced by t+r�No'r�:u►ed hereDy,to pay when
<br /> � due ail casta and i;abilitles incuned th2refn�a;,tmd�not t0 pe►mit any const�uctioa lien agalnst s:n;h Tiust Prope�fy.In the evenf •
<br /> consUUCUon of b�ild/ngs,lmprmvemenfs or rep81r8 8►e contemplated,Trustor alsv agrees,anl,hlrtg in thls Deed ol Tiust to the conbary
<br /> � nofwhhslanding;(a)to piomn?�y.00mmenCe an�r,sueh wo�k and to complete the proposed lmprovements promptly,(b)to compfete the
<br /> same In ecco�dance.with the��3ns and specif�+atbns as approved by Beneliclary,(c1 fo corn�ly with all the tem�s of a building laan
<br /> ' ag�eement,118ny.�e!ween 1'iustbr and BAnbt�l�ry;,ltio ferms of whlch are incorporafedhereirrby�efe�ence and made a paAhereoi, .
<br /> � (d)to allow Bene3p'�:�to/nspect the 7rust�Rra�etty at all times during cor,str.ctlon,and fA9 N��eplace r�';�work oi mateda/s �
<br /> ' uasatisfactory:c G��e�ic�ary w�thln Iitteen?�51�rr�rs atter.wiitt�n noace�iom 6�;neticlary orsa:n tact. ,
<br /> , �� ' ` • 4. FcFrds fCr Payment of Chaiges.SubJect to apps;cAblb 1Aw o�to a w►inen waiu�r by Benelrc�a�y,tros*or s'-`•.�:1'pay to Ber.gllalary on tAe •
<br /> ,..
<br /> �pi�of each monlh,o�suc.�r�a?�sr dasa�ea��montM as may be specifiea by Benehciar,r.unuE th9 I.�C���sdness+s r.a��n full,a sum
<br /> � � ' �ir�r.���rcal/ed the"Furds""��eqyal fo t�t�tho�tqE�yearty taxes and assessments�t:i+�r�ay anan p^5*�`j arer��:rr;�G:.�sed of lrust ,•..�
<br /> • +a �;�gtocn0 r�3rrrs o�!he Thl;.�rop�s,�y,if��np:•.{t!�s i/f2W ol ihe yearly pr�rr',�m insfa:lm�3f�r Aazar�r.�-::;:a.�:s;�y�.;s t�t?th olthe ..,:,;:�
<br /> � , yec�'�,rpremiurrr�.:�:t::�er.�ixm7rtgage�asuranr�elit�anr.ella5►easonatly"E�stlmafedinital�yand/ro.r.tr.rr�'st.:nebyBenellCleryqm , ._
<br /> � ttte tasls o}esa^^:�ents and��:'3 and reaa�n�tlt6 esnrrtat9s fhereoL The Fcnds shaB be hefd�rr an�nsY:Lv.��►.the deposifs or .
<br /> �unts o!whlc»arelnsrlredt or gua�anteed�f jr alddbrtll bf�sfet9 agency Includi»g B2nEfrC�3ry.Bertel�craty shall a�pi�the FultdS!:
<br /> . ` pay°sald taxes,assessment�..r.Gvrance preml��ns a�trcf'gtouncf ients.Beneliclary shall n0A be�equi�ed to pay trus;or�li lnte►est or
<br /> eamlegs on the Funds.Benef�r'3ry shall give to lrustrn with'aut oharge,an annual accounnng of the Funds showrr.g cr�dds aed .
<br /> �� � � debits to the Fvnds end the purpose ta wh;cir e�b�dbiiiE•tb the�unds was made. The fimds a�e pledged as add^�+3/seCwiiy lar
<br /> �, thg lndebtedness seCUred 6y thls Oeed o!lrust�I1rtNa amaunt o!the funds held�y Ben�nC�ary,togetrer with the lutme monfhly
<br /> - = f -=-�=_- instsllmenis of Fun�s payable prior ia ths d13 C�':.S�c?t:t?!'as;�s_<pssm.e!1s.inc��ra�r_a.�,rarr.iums art�i Q�'A�7AN lRRt9,shatl exceed the
<br /> amount iequlied to pay sa�d taues,assessmenf;,lnaurnnC�premiums anB ground�ertls a�t�ey falt dce.such excess shall be,at '
<br /> Trustor's opUon,eithe�prampily�epald to Ti�stot oR o�ndr'.'A�d to irusiar aga�nst tuture rror.G�Pj installmenis af Funds. ll the amount of
<br /> r the Funds he/d by�enehclary shaU nat besuNiCrp»t70 pgy.t�xes,.assessments,insmanC�premiums and grounB renls as they laAdue.
<br /> � • • 7iustor shaU pay to Beneficlary anyr amount nACessary,t0 rn�AB up fhe delrctency wiMirr t�rt�days fiom the date nodce is malled by �
<br /> -- - - --�--�---�---=�-----= BetraficlarytFSTiustociacjuostJngC�ymenttdsrsat_'.Upavt:paymettl;rn:iuJ�vta�Rlnttebtetlnngs�Heneficra�shaUprnmptlpiefurrdto _ . ._ .. _ ._. _
<br /> . � � ' • Ti�stOt any Funds hetd Oy Beneficiary.lt the T►t�st P�ope�ly i8 sof�f unaie�the power olsal�or tAe Trust PrOp9Ry�S olherwlse acqu�red
<br /> �°� by 6enetclary,B�nelrClary sh8ll 8pply,)mmedi8tety p�lot to ih8 saJSFGf•td6 Trust Properri�°oe�ts acqU�sitien by Beneflc�ary.any�unds �
<br /> ; hefd by Berteflclary at the time o!applicaUOn as a credit against ihe lnd6btedrtess.l!9e�6crary executes a wntten wa�ve�ot t�usta's
<br />- - f. � abligatlons under•thfs parragraph 4.7�usto�covenants and ag�ees fo psy.hefore the sar�become debnquent.all taxes,assesSments.
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