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<br /> Trwbr undwstar�s�sat 1f�docurn�nt fh�t Tru�b►I��bout b�x�aul�M a ONd af TtuN and NM�mqlP�q and Thatllw poww
<br /> ol�ProWd�d b►In M»Mrd ol Trwt p►ovid�s wbWnU�NY dHNnnt rqhM�nd obllpstlom b TruNor th�n a mortp�p�In fhe w�nt
<br /> of�d�att or brMCli ol obpp�t{po und�r fh�ONd of Tru�f,includinp,but tat I lrniwd b,lh�L��d�t'�r{pht b fww thr Prop�rly�old
<br /> by 1M TruaM�wNhout anY NidiClU D►xNdin�.Trwbr np►�nb�nd w�rruMS Ihat lhis acknowl�lp�rwnt Mw ox�eulW by
<br /> TwMa bMor�tiN�wCUYw�o(!M OMd of Tn�M.
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<br /> r1?1tICI� � YL1V0 �� Msssi�d ��w
<br /> DEED OF TRUST W17H FUTURE ADVANCES
<br /> - TF4S DEED OF TRUST,�s r„ad.a.a m���day o} F��„ ,19—�{by and amorp
<br /> �T��� 7_ d�Y ac�vee� t P1TQtCT� M Ve7VM� � �Xr��e1 ,pfr�n++ ,
<br /> ;q� � whoN mailinq addrNS Ia 627 N�a�rtAur Av� - tirand I�1��Nn"Trusto�W��o�b�rtaro),
<br /> , th�TruafN� Fiv� Peiw*� Q�� L 11�Aruk� r�,�nr��° .
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<br /> � whos�maiilnQ add►�s i� P.0. aox 1307 Iirand 2sland. 11B 68802 (hKefn"T�u�'7�a�d
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<br /> � ..r�V`��..rt,` ihtBY�1�fICIYy� F�v� Pe�n� rk _
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<br /> - :.;..� whop maUlnp addras ia �+s ti. n•. -a ��t tir.+�ad_Isl�od.�il�.-GY8Y2-1,Si.? (hu�in"Lond�ry.
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<br /> :� FOR VALUABLE CONSIDERATION,includlnp Lender's extans�on of cradit Identiflad haroln to�t. ti►�Y VEJVODI
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<br /> �,u'�����;•."•+���� j,.p�TQiCi♦ M Y�tVnn� (h9f91n °Borrower",whether one or more)and tF�a truat liaraln cr6at�d,
<br /> •• • �,�;��• i T� the recNpt of which is hareby acknowted�ed,Trustor hereby lrrevxably flrants,trana}era,conveya and awiyns to TrustN,IN
<br /> „ ' y�'•- � TRUST,WITH POWER OF SALE,tor the benefit and fecurity of Lendor,under and subJect to the terma end co�ditlon�hsrolnalt�r at
<br /> � torth.tht rN�property.d�acribod�s followa:
<br /> The East TwQnty-Tvo (22) Feet of thQ Weat Forty-�our (44} Faet oz �ha
<br /> •� North Eighty-Eight (88) Eeet of Lot Four (4) , Slock Sixty-Six (66) � IN
<br /> the Original Town� naw City of Grand Island� Hall County� Nebraaka
<br /> To�ether with eil bulidinys,improvements,fixturea,atreets,eileys,passepeways,easements,riphte,privllep�a�d appuR�-
<br /> nencrs located thereon or in enywfse pertaininy thereto,and the rents.lssues and proflts,reversfons and remainders thereot,and
<br /> � auch personal property that is atteched to the improvements so as to conautute a fixture,mciudinq,but not Ilmlted to, heatinp and
<br /> cooliny eguipmont;and toyethar wlth the homestead or mantal intereats,if any,which fntereats are hereby releesedand waiv�d;�II
<br /> � of which,inCiudinp rap�acements and additlons thereto,is hereby declared to be a part ot the real asSato�ecurpd by the lisn of thia
<br /> �,�� D�wd of Trurl rnd�II uf Uiu(uruywny tWiny�eterrec!t�herein ar tho"Property". -
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<br /> �,� Thls Da9d of Trust shall�cure(a)the peyment of the princfpel sum and Interest evidenced by a promi��ory nou or cndlt
<br /> . vpraemw�t datod — ,heWnp a matunty date of _. ,
<br /> in the orlpinal principal amount of S-- ��-� ,and any and alI mod�ficatlons,extemiont a�d renewata
<br /> thereot or thereto and any and au tuture edvances and readvances to Borrower(or any of them it mare than oney hereunder
<br /> purauant to one or more promissory notes or cred�t agreements(herein called"Note");(b)the payment of other suma advanced by
<br /> Lender to protect the eecurity of the Note;lc)the performance ot al l covenants and egreements of Trustor sot forth horein;and(d)all
<br /> •, present and future indebtedness and obligations ol8orrower(or any of them�f more than one)to Lender whether dlreCC indireCt,
<br /> 8bao�ute or Contingent and whether aHsing by note,guaranty,overdraft or otherw�ae.The�'ote,this Deed of Trust and any and all —
<br /> � other docuents that seCUre the Note or otherwise executed in connection therewith,inCludinp without limltetion yuarent6es,�eCUrlty
<br /> ayreemenls and assipnments oi leases and ronts,shall bo rotorrod to herem as the"Loan lnstrumenta".
<br /> Trustor covenants and agreee with Lender as tollows:
<br /> � � 1. Paymint of tnd�bt�dn�ss.Aft indebtedness secured hereby shall be pab when due.
<br /> • 2. TId�.7rustor ia the owner oi tha Property,has the right and authority to convey the Proporty,and warranta that the Ilen
<br /> Created hereby Is a flrst and prlar I�en on the Property.ezcept for Ifens and encumbrances set forth by Trustor in wrlti�p and
<br /> �� dellvered to Lender before execut�on of th�s Deed o}Trust,end the execut�on and dellvery oi this Deed of Truat doee not vlolete any
<br /> ContreCt ot Other obligetion to which Trustor ia sub�ect.
<br /> '. � 3. Tazt�,Ass�wm�nts�To pay before del�nquency all taxes,spec�al as�essments and all other charges apa�nat the Properly
<br /> ' now or hereafter levied. —
<br /> - 4. Usur�nc�.TO keep the Prope�ty�nsured agamst damage by fuc�,hazards mcluded wrthin the torm"ox tended Coverage",and �
<br /> ' such other hazards as Lender may require,in amounts and wrth comparnes acceptable to Lender,nam�ng Lender ae an addltiona�
<br /> nomed Inaured,wlth loss payable to the Lender.In case ot loss under such pollc�es,the Lender is euth�rized lo ad�uet,collect and �
<br /> � � compromise,all claims thereunderand shall have the option of applying aIl or pert of the�nsurance proceeds p)to any tndebtedness �
<br /> � secured hereby and In such orderas Lender may detem�ine,(�i)to the Trustor to be uaed for the repair or restoretlon of the Property ;'
<br /> or(iii)for any other purpose or ob�ect satisfactory to Lender without afteCt�ng the Ilen of this Deed of Trust lor the fult emount secured
<br /> � � horeby betore such payment ever took place.Any applicetion of proceeds to�ndebtedness ahall not extend or poslpone the due
<br /> date of any payments under the Note,or cure any default thereunder or hereunder.
<br /> 5. Escrow.Upon wrftten demand by Lender,Trustor shall pay to Lender,In such manner as Lender may desiqnate,sutticient .
<br /> a� . Z suma to eneble Lender to peY as thev become due one or more of the follow�ng p)alt taxes,assessments and ather charges against
<br /> ' the Property.(it)the premiums on the property in���rance requlred hereunder,and 1���1 the prem�ums on eny mortpefle insurance
<br /> �� raquirod by Lender.
<br /> 6. Malnt�nanc�,R�palra and Comptt�nc�wlth law�. Trustor shAll keep the Property m yood conddion and repair;shau
<br /> � promptly repair,or replace any fmprovement which may be dumaged or destroyed: sha�� not commit or perm�l any waste or
<br /> E; � deterioratfon o}the Properly;shall not remove,demol�sh or substantially alter any of the improvoments on Ihe Property,shall not
<br /> Commlt,euBer or permit any act to be done fn or upon the Property in violAt�on otany Iew,urdinance,or regulahon;end shall pey and
<br /> � ;,. promptly dlacharge at Truator's coat and expenae alI hens,encumbrancee and charges levled,imposed or asseased apainst the
<br /> Properry or any part thereof.
<br /> • • 7. Emin�nt Dam�tn.Lender Ie hereby assfgned ait compensation,awarda.damapes and other paymenls or rellef(hereinafter
<br /> "ProCeeds")In Connection with condemnadon or other taking of the Property or part thereof,or for conveyancein I�eu of condemna-
<br /> � tfon.Lender shall be entit�ed at Its option to commence,appear in and prosecute �n its own name any aclion ar proceedinpo,and
<br /> . � ahall atso bQ entlt�ed to make any comprom�se or seKlement In connection with such takinp or damape.In the event a�y portlon ot
<br /> • � N�c s�e����a.cw���.�o..a��«+o-ee �
<br /> � O f9N NN�onN�d ComRwa tru�l and B�.�nos��sa�n�a+ i��cWn M�a�W
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