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<br /> _ ��r.���:�����!��!T e�Q�:� oF�usr �Y.���
<br /> TRUSTOR REAO TiiIS BEFORE SI�iNINOs
<br /> Tru�ta undM�t�nd�tfi�t th�dooumM+1 th�t Tni�ta w�bwt to�oaeut�b�QNd of Tnwt�n�t�MalOMN�1��O�w«
<br /> of��N p►ovW�d fw M ths Owd ol Tro�t provW«�ub�tantt�Ny diffn�nt rfOht��nd obYp�tfon�te TruNw th�n�mat�p+ln tM w�nt o�
<br /> .,..,..� •d�IM+it a br�oh o�obNpMion undw th�OMd ef Trun,inoludNp.but net Wnk«I eo,tF►�L�n�r'�rioht to haw tl+�ko�wt�wM►y th�
<br /> Tnu1N wkhout�r►y Judiold prooNdfn�.Ttu�tor rpr�nt��td wK��nt�th�t thM�olu�owt�p+m�nt wN��wtd br Tiwlo►MfoM fh�
<br /> w�outbn N tM D«/of T�wt.
<br /> 1D V RSSN t1aT01t
<br /> J1 L IAIORZ N TIlUST011
<br /> "� DEED OF TRUST WITH FUTURE ADYANCES
<br /> THIS DEED OF TRUST,i�m�d���of th� 25th d�y of jhbruarv ,1Y4�,by�nd amonv
<br /> th�Tru�to�, Dl1VID V I.OF�3RLEN and L�NA L ;��1KiRSEN. EI1186l1tiD 11ND WI�'E , _
<br /> --- whos�m�ilinp addrM�(s 2317 l�P71CH! RD tiR11tJD SSLAtiD t���8���a;wh�thr on�a mor�),
<br /> •��;,�y,;,;�,i;,',:_�;:° th�Trustw. ARSND BAACK . —
<br /> �4�y�.;.:,.; .:5;.
<br /> *';.` ^- "!� ' �;+ whowmailir►p�ddrM�is� BOX 790 ORI�IJD ISL1►ND NE 68802 (hK�in'Tru�tw"1.�nd
<br /> �;�r•i� " ' : •) th�B�n�ffol�ry, THE OVSRLAND NATIONIIL 8)1NK OF ORAND I3LJ►ND ,
<br /> �.'•(�:.. ', .�h
<br /> .",,•:,�t.,...,,,�;:�,;.:�.,;,fi whon mallinp addnts i�� O BOx 1688 OR11tJD ISI+AND NE 68802 (hwdn'L�ndM'1. —
<br /> , �'�h�'f FOR VALUABLE CONSIDERATION,inaludinp L�nd�Ps�xt�mlon of ondk idmtifi�d h�r�h to Dl�VID V LO�GREEN
<br /> , � LANI► L LOB(iR8�N
<br /> �•�-'��•� ��` ^'�`'' 1he�In"Borrow�r',wh�th�r on�or mon)�nd th�tru�t h�dn orwbd,th•
<br /> ' ' ao�lpt of whioh b h�r�by wknowl�dp�d,Tn+stor h�nby ir��v000b�y prant�,tr�ndM�,uonv�y��nd�uipnr to Tn��tM, IN TRUCT.WITH �,
<br /> � POWER OF SALE, tor th�bwufit�d aaurlty of l�ndx,undK�nd�ubJ�ot to th�t�rm�and oondltbn�h�nln�ttu Nt fath,tA�rwl
<br /> �...c'•�___ .
<br /> —. ,���• ptopNiy.dootibod�r ivliow�:
<br /> I.OT FOUR (4)� OICIC�Y't3 8ZXTH SOBDIVISION IN THa CITY OF
<br /> •� • GRJIND ISL7IND� KI�LL COUNTY� NEBRASK]1.
<br /> Top�th�r with NI buildin9�,knprov�m�nts.}�xtun�, �tn�t�,dl�y�,P����y�way�, N�Mn�ntt,tlpht�.PrivilpN�nd sppuR�anoN
<br /> • Ioa�bd th�non or in�nywit�p�rtaininq thento,�nd th�nntt,ir�u�� snd profit�,nv�n(on��nd nm�hdrs th�r�o(,and woh pw�on�l
<br /> prop�rty th�t it�tt�ch�d to th�improvements so as to comtitute a fixtun,inalud(np,but not limitsd to,hwtMp and 000linp�qutpmrnt; (�
<br /> �nd topethsr with ths homesteed or msrital interests, if �ny, which inta�tts u�h�nby rs�e���d �nd w�ivrd;all of whbh, inoludiny �•
<br /> �. " � r�placwn�nt��nd additions th�reto,i�h�r�by deeland to b��p�K of th�nd Mt�t���auad by th�Il�n of thb DNd of Tfutt and dl ot ! _
<br /> the forepoinp beinp roforrod to herein a�the'Property'. �•
<br /> �N This ONd of Tru�t�hdl secun(a)ths payment of the pri�aipd�um and int�n�t evid�t►osd by a prominory note or andit �
<br /> � 02 25 94 ,havin �msturit d�t�of 02 26 99
<br /> ' �preKn�nt d�t�d 1 1 a Y / / • �.="
<br /> , . .. ,• �
<br /> • in th�orlpin�l prinalpsl amount of 0 ad.nnn_nn ,and any�nd �II modlfioatlan�,�xbn�iom�nd an�wats
<br /> thereof ot thereto�nd eny and ell future advances and readvances to Borrow�r(or sny of them if mors thm ons)h�nund�t pur�uent to �r•
<br /> one or mors promis�ory�otas or cr�dit opreaments(herein called'Note'1;tbl ths peyment of oth�r sum��dvanc�d by Lmd�r to prot�at
<br /> . the�ecurity of th�Nota;(cl the performsnce of all covenant�and aqreement�of Truttor tot forth h�nin;�nd(d1 aN prMmt�nd futu�� "�•
<br /> indebtednees end obliqations of Borrower (or eny of them if more than onel to Lendn whether dinot, indir�ot,ab�olut�ot continp�nt
<br /> and whether�ri�i�p by note,flusrenty,overdreft or otherwi�a.The Note,thi�D�ed of Trust�nd any�nd�p oth�r docum«ttt thN ncun
<br /> the Note or oth�rwb�executed in conneation therewith, includinp withaut limlt�tlon qusnntee�,�eourity a�re�nt�nt��nd���ipnrna►tt in...
<br /> , • � of I�ne�and t�nts,thdl bs ref�rred to henin s�the'Loan Inst►ums�ts'. ��LL
<br /> • Trustor aov�nants and apree� with Lender at foltows: �`"
<br /> , �. 1.Paym�nt of Ind�bt�dn�a.AtI ind�btedneas secured h�reby shsll b�p�fd when due. .
<br /> r 2.Tit��.Trustor Is the owner of the Property,hae the tiqht end suthotity to convey th�Property,�nd warrants th�t th�li�t►created �
<br /> �' hereby is a firet a�d prior lien on the Proporty,except for liens ond encumbrancet�at forth by Trustar in writinp and delivesd to Lmder
<br /> '�. � a befors �x�cution of this D�ed of Tru�t, and th��xecution �nd deliv�ry of this Oe�d of trust do��not viol�t��ny oontraot ot oth�r
<br /> .: j� oblip�tion to which Trustor is�ubjeot.
<br /> � 3.Tui�s,Ats��sm�nt�.To pay b�for�delinquenoy ell to�.aa,apeoul��s���ment��nd�11 oth�r ch�rp���p�intt th�Prop�rty now or
<br /> �„ � h�r�aft�r I�vi�d.
<br /> � 4. Inwr�no�. 7o keep ths Property i�9ured eyam�t damape by fin,hazird�, includ�d within th� t�rm '�xtend�d oovu�p�',�nd
<br /> r � �• euah other hezuds a�Lender may require,n emounts end with compsnfst acceptebl�to Lend�r,naminp LMd�r at�n �dditio��l nam�d
<br /> • ; • nsured, with lo��pay�ble to the Lendar. In case of lose under euch policies,ths Lender is�uthorized to�djust,ao�l�ct �nd compromis�.
<br /> nll aleim�therwnder o�d �halt hova ths option of applyiny aIl or part of th�in�urano�proce�dt(i) to�ny ind�bt�dnss�acund h�nby
<br /> � and in�uch ord�r�f Lender may dstermin�,Iii)to tl��Tru�tor to b�used}ot th�repair or t�stontion of th�Ptop�rty or liii)tor�ny other
<br /> - at
<br /> . purpo��or objsct s�tisfactory to LMda without�ffeotinQ th�li�n of thi�D�ed of Trust for th�full amount s�cur�d h�nby b�tor�wch
<br /> . ` �� � peym�nt�v�r took p��oe.My�pplioation of proceeds to ind�bt�dn�s��hdl not�xt�nd ot postpon�th�dw d�t�of�ny p�ym�nt�ut�d�r
<br /> th�Not�,or cun�ny def�ult thereundar or hsreunder.
<br /> -r-- �—'--� -- `�— ' 9.ttvow.Vpon written OemenO oy Lanoar,i tus[or sneii psy io imder,in�um mennor as io�um m�y uoiyn�io�iviiiGiw�i iii�T.i �
<br /> ' �♦ ta en�ble Le�dsr to pay a� they become due one or more oi the followinp: (il aII taxe�, ��se�sm�nt� and other eh�rpa �p�intt th�
<br /> , Property,Iii) tha pr�rnium�on the proparty ineurance raquired hereunder,and ifii)th�premfumt on any mortp�ye infunnc�t�quind by
<br /> � Le�der.
<br /> 8. M�Int�n�no�,R�p�lrs and Comptiane� with Laws.Trustor ehall k�ep ths Proporty in qood Qondition and t�p�ir;�hall promptly
<br /> �3 repair,or replaca e�y improvemant which may ba damnqed or destroyad;shall not commit or permit�ny wa�te or detubr�tion of ths
<br /> Property;thall not nmov�,demoliah or substentially altar eny of the improvemMts on tha Property;�hall not commit,wff�r or p�rmit
<br /> �' �
<br /> eny act to be done in or upon the Property in vialation of eny law, ordinance,or repulstlon;and ehall p�y�nd promptly dishsrp��t
<br /> � � Tiustor's aost�nd�xpens�all liens,�natmbrances and ch�ryea�evied,impo�ed or�a��seed�p�inst the Propefty or�ny p�rt th�rwf.
<br /> ' � 7. Emin�nt D�m��. Ltlndet ia hereLy �aYiynnJ eU wmpnnuutiun, uwn�Ja, Jninnyud wid nthnr p�yrnuntr ut talief (l�erewieiter
<br /> 'Prace�ds")in conn�ction with condemnetion or other tekinp of tha Porperty or part thenof,ot for convey�nc�in liw of condemn�tion.
<br /> !;r lender ahell be entitted at its option to commence,eppeer in end prosecute in it�own name a�y aotion or procs�dir►p�,�nd shdl dto be
<br /> ' � • er�titl�d to meks�ny comptomice ot¢ettlement in conneotion with ouQh takinp or d�uniys.ln th��v�nt eny poRion of th�Ptop�rty it so
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<br /> HBC 3167 INonpnc✓tvM OMaI R�r.t 0iL8 S
<br /> O 19Et N�uonN 8�nk of Commerc�Trut�rW S�req�Anoc��t�m.L�nc��n,N�brM►• �
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