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<br /> ' DEED OF TRUST �
<br /> THIS DEE�rT�FtU3T, �sda t is 2nd •y�f December • ,d�999 �
<br /> by nnd among �� � '
<br /> \ca
<br /> (herein °Trustor"); an ' ' Jerry J. Milner, mr�rber. of Nebraska Bar
<br /> Association , whose mailing address is 1503 W. 2nd Street., PO Box 1068
<br /> G�'and Island NE 68802
<br /> (herein"Trustee°); a�-��tes �nancial Services Company Inc.
<br /> whose mailing address is 2014 N Lawrence Lane, Grand Island NE 68803
<br /> (herein"Beneflcinry").
<br /> FOR VALUABI.E CONSIDERATION, Trustor irrevocably grants, transfers, conveys and nssigns to Trustee, IN TRUST, WITH
<br /> POWER OF SALE,for ths benefit and security of Beneflci__aly,under end subject to the terms end conditions of this Deed of Trust,the
<br /> following described real property,bctsted in Ha_Ll County,Nebrnska:
<br /> 2he follawing described real estate in Hall County Nebraska:
<br /> Lot One Hundred Twenty�iine (129) and One Hundred Thirty (130) in Be]mont Addition to the
<br /> (�ty of Grand Island, Hall County, Nebraska.
<br /> Comronly lmown as 326 N. Grace AVenue. and being more fully described in a deed dated 07/31/95
<br /> and recorded 07/18/95 in deed bnook 1861, page 558 in Hall County Records.
<br /> TOGETHER WITH, eU rents, profits, royaRies, 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 end interest of Trustor
<br /> thereundar; aU interests,estate or other claims, both in Iaw and i�equity,which Trustor now has or may hereafter acquire in the real
<br /> property; all easements, rights-0f way, tenements, heredRamenta end appurtene�ces thereof and thereto;all oil and gas rights and
<br /> profits, water righta and water stock;alt right,tftle and interest of Trustor, now owned or herenfter acquired, in and to nny land lying
<br /> within the right-of�vay 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 nnd all awerds made for the taking by eminent domain,or by nny proceeding or purchase in lieu thereof,of the whole or sny pan
<br /> of the real property. All of 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) The payment of indebtedness evidenced by Trust r's note of even date herewith in the principel sum o�venty One
<br /> 'Thrn i�anrl Fni ir H�mrlr� Fnrt� Ni nP anri �l:^ Dollars(a 71 GGA (YT:%:%:::::�:%:'.�
<br /> together with interest at the rate or rates provided therein, or the principal and interest on any future ndvances evidenced by
<br /> promissory notes stating they are secured hereby, (herein"Note"or"Notes")and any and nll renewals,modficationa end 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 THE SECURITY OF THIS DEED OF TRUST,TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br /> 1. PAYMENT OF PRINCIPAL AND INTEREST. Trustor shall promptly pay when due the principal of and interest on the
<br /> indebtedness svidenced by tha Note,and all other charges and fees as provided in the Note,and the principal of and interest on eny
<br /> Future Adve►nces 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 end encumbrences
<br /> except liens now of record;and Trustor will warrant and defend the title to the Property against all claims and deme►nds.
<br /> 3. MAINTENANCE AND COMPLIANCE WITH LAWS.Trustor shall keep the Property in good repair and condition and shall not
<br /> commit waste or permit impnirment 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 hereafter erected upon the Property shall be aftered,removed or demolished without
<br /> the prior written consent of Beneficiary. Trustor shall comply with all laws, ordinances, regulations, covenants, conditions and
<br /> restrictions affecting the Property nnd not commit, suffer or permit any act to be done in or upon the Property in violntion of any law,
<br /> ordinance, regulation,covenant,condition or restriction.Trustor shall complete or restore promptly and in good workmanlike manner
<br /> any improvement on the Property which may be damaged or destroyed and pay, when due, all claims for labor performed nnd
<br /> materials furnished therefore and for any aRerations thereof.
<br /> ORIGINAL(1)
<br /> �n�w��oai ��an u.�....4. BAAFi�WER COPV M1 00752A.04 �_
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