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<br /> diM/�Ila�w�i►#M fi�M e!TriM,���+�iM�1Me 1e�1M M�AoYrra il�t 1ai�tA��Mly Mi1wM�!iii M :
<br /> - tio�t�.DM�t�1�7�MN ield:I�11M Tr�wb��rrlrlout.airr ju�oiY P��g-si�MO��pn�r��1'�tNMls 11�t Mf�
<br /> Aolwawi��i�l:�M�rQby 1Mn1 briol�1h��rt�plltbn ORtM D�Mi elt TtWt IN�MMM Nt 1pY�:•�. < � •� ` :
<br /> . ' � , . , Le Yem E. Franze� ' ` , '.
<br /> _ - . -,.::: , _ . ��� _ �� �
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<br /> � . � � . � Cc�mfe K. Frarne� . . , . �
<br /> � . �. � � . HOME'E�TY UNE DEED OF TRUST, , �
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<br /> 4- -tH15tA�YS[DEEDm�dsthts �6 d�►of:�r : '�� 93�_��_ LaVern E. Franzen and - . Y
<br /> Comie 1C. Franzens 1901 W. Anna. G: I.
<br /> �'�++M�+�erdi r¢'1'rustor",wtwti tnallifq addriss ii �' :
<br /> ' Arend R. BaarJc.� , . P. 0. Box 790s Grand Island� Ne s
<br /> ._,...:�,,Attorne�p oiG L.aw►whot�m�tlinp addlss(i .
<br /> at"TrustM';srtd Honis�Fedsrsl�rai�s and F.oii}'�seoclatlon of(ir�nd taiii+d,MAwse m#Itlnp�ddrs�s Is 2218oWh t,ocwt._ '•
<br /> p.0.Box tOOY�Grand tstand.Ne�:'�02,as"Bensfictvy,�. . �. � � �`i;, .
<br /> Fa v�lw�bt�consld�tlon.Tn�?;.�sre�bly OnMs,tracnts�s,co!�w!►a and s��;�TrustN.ln tnist:wtth Pwr�rr of •,
<br /> s�l�,tor tM b�Ht and arcuAtyof B�nsfklary,undsr i�nd sul�ct'ic tM tsrtn's�nd Gon�a!'as of Mis ONO otTrwt.th�folta�w� '� ,
<br /> inp dMCdD�d propatty 14cated 1� H t t �c�aP, � ; . ` . _Nebraslca,to wi�
<br /> L�at One (1), and that portion of tt�e:.`Uacated a�ley abutting this �premises:. ,
<br /> tn the South as shaum in Ordinance No. E210 fiZed October 21, 19?7 as Uocumer�•�. �:;.
<br /> No. ?7-0061�5, all in Block Four (4), Rarkhill Second Suhdivision an f1,d�..,�it3� `�
<br /> to the C'st�r �f Grand Island, Hall County, Nebraska. - � , �
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<br /> ..� to�ether with all buiFl6mr�s,fixtures,improvementa and appuRenances tts��nto belonpinp,It belmg�reed that all of the , � =
<br />- � }s�' '+, torepolnp sAali be herbinafter reterted to aa the"RropeRy". � . � �
<br /> '. FCR THE PIiRPOSE OF SECtI�tWGtpe rmnnce�f ea�f a$r�Ont and eovenant of Trr�'ar heroln contalt�ed�n�t�psy�� . �
<br /> '^�,R• ment of ths pdnclpal aum of ��n y�ousan an n /�uu -- ----- �----po��=rs(i ��• ��• �,
<br /> • � � ae evldencsd Dy s Home Fedenl Hame Equliy Loan Apreement between TrusoAr and 6er«dlctary(the��4ean Apreement"),pur- �..
<br /> `i`��� � . . auant to which Beneflclary wlll advanee tunda to Truator irom tlrae to tirtse ai tbe Interest rates and'u(�the terms provld�ed
<br /> � . thsraln,topether wlth any aum or auma of money wltb IrrteresC tiP�ereon wtsi�cb may hereaiter be paia�.a advanced under ths
<br /> � �i` terma of thls Oeed of Trust,both princlpal aum and Interoat ttce��belnp payabte accordinp tothe term�aet forth In the Loan
<br /> � � . Apreement.rofsrence to whleb la hereby mada.at tha oNlce cY fhe Beneflctary In Cirand Island, Nebraska,or at auch other
<br /> . -;�: ' � placa�Beneticlary may deslpnate tn writlnp. '� .
<br /> _ �
<br /> �- �;°`.;`��, � -� TRU8TEF1 AND BENEF(ClARY COVENANT AlV�E1 AGREE AS FOLLOW3: ��
<br /> :?�;+4��..:..: �. . 4.WinaeNy of?ItN.Truator ta lawfnlly aelzed of fhe Propeny;has pood r�4ht and lawtut autho�ityto sell and convey!he Fro- i
<br /> - - p�rty;the Property la iree and ctear of all Ilen�and encumberartces except Ilena now of reco�d;and Trustor wltl warrant and Qe� F
<br />_ � . • tend!he tltle to the Property unto thd Trustee anA Ita succe�aora and asalgna forever apainst�the ctatms of all peraana. �
<br /> �:: � , 2.Paynwnt of Prinelp�l aib IMuw�T�ustar shall punctuatty pay the principal of.and lnterest on,atl advaeces under the (
<br /> � `'""`"t-� �� I,oan Ayroement and will punctuatty pertorm a►t apreementa,condltiona and provlalon�o!any other aecurtty Inatrumsrtt piven �
<br />_ �:�;,:=:a�.��.; .�
<br />— "''��:�.._ � In conn�ctlon witb tAls tansactlon..
<br /> ���'_ � _ � 3.OnsKratloo and Ma1M�nanc�of Prop�riy.Trustor wltl not comMft any waste upon the Property at will,at all tlmes.maln-
<br />`:_t! ' ;�.•...:_'�,, '• -.. t�ln ths sams In poad ordv and condltion and will make.irom tlmeto ttma,at!repairs,renewats,reptacements,addlttpns and ;
<br /> ;• ',� :'-- • - Improvem�ntt whlch�rr rsaaonabty requlred to prevent wasts,impalrment�a deteriontlon of eald property.No bultdinp or :
<br /> �''��� .` • ' Improvent�nt now or hereaftsr ereetsd upon fhs R�roperty ahall bs altered�romorsd or demollshad without thb prior writtan '
<br /> � oon�nt ot B�neflel�ry. •
<br /> `:�r'� :`- 4 Mwr�na.Trusta,at IM�xpsn�,wltl m�IM�ln with Insursro approved by BensHcl�ry,insurance with reapect to the i� •
<br /> ' � _�r_�r_�. 'aowm�nts and psnonat proerty constitutln�the PropeRy a��lnst foaa by fire,BDhtMnp,tom�do and other ps�ils coverad by ;
<br /> L—««-.;��.,:�—. � itandarQ axt�n6e�eovarapa endarserrseni M�r�arnaunt eWaO ta n least ans hunQrad psrsec�t a!the tu!!�o�laeeman!value
<br /> '�= �� thrtwi.tnd insurance ap�Ust such other hatarda and In such amount ay ta cuatomarity Canied 6y owne�s and opsnto�s of
<br /> ' �"�' slmlt�r propKNes and as Beneticlary may requlr�for Its prot�ctlon.Tfustor wlll eomply with auch other requiramsnts aa •
<br /> �#�� ♦��•' B�neftcluy may from tlms to tlms request fa ths protecUon by Insunnce of tM Intersst of the respeCtive partiea.All in�
<br /> f T�``�'��° aunnca pollct�s ma�ntained punuant to tMls ONd Ot TruOt shalt nafns Trustor�nA B�nsNc1ary as insureds,ts tMtr reepective
<br /> -. . Intensts msy appsu and provlde that thers ehall bs no cancellatlon or modtHatlon without fitteen(1ry days prlor written
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