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<br /> HOME EnU1TY LMIF AGIlEEIY�NT
<br /> T11UST OEEO
<br /> " 7�i 71ttJST DEEO,m�do diM 16thd�y of Februarv .1�9d •b1r�nd�rnonp th�Teu�tor..Ranald D. Rilev
<br /> and Srenda $ Ri�e huahand and mafe --
<br /> pwdn•�orrow�r•1.
<br /> �— whew�WWq�Mk�b 1903 Gouth 1�thL rrwn�t Tat�.�A�y� �awn-�
<br /> - - .�±r�.T�.. l�hr. Nwhrrakr . .(lwdn'TnutN'6�nd 1M
<br /> "�''±+ B�m(lciwy.F(nTi�r ha. NE ,who��nnWinp�ddr�I��QO N F rnan± Street�
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<br /> Omaha. Neb;aska 68102 {tun(n'l�nd�r•►.
<br /> ■. �•� BORROVYER,in oonrW�ndon of tM Ind�blWn�ss Mnin no�iv�d aod th�truu Mr�in onat�d Irt voo�bly pr�nt�,t��nsf�n,aonwy��nd M�IpN to
<br /> .� TnutN,in TRUST,WITH POWER OF 8ALE,tM toMowinp d��orib�d prop�rty,loo�t�d in �al� County, N�b�:
<br /> A Txact of land located in the Southeast Quarter of the Southe�st �uarter (SEbSE)
<br /> - ,, � � • of Section Twen�y (20) in Township Eleven (11), North, Range Nine (9) West of the
<br />_ . ..�,..
<br /> ' � ��� t� Sixth P.M., more particularly described as follows, to-wit:� Beginninq at tha
<br /> �''�' ' ��'���� " Southeast corner of Bel-Air Addition to the City of Grand Island, Nebraska: running
<br /> thence in a Southerly direction along and upon tha East lfne of the SE�i of aaid
<br /> -- -m, .L�::«•. .:. , Section 20, a distance of 310 feet to the actual pofnt of Beqinninq� thence oontinuing
<br /> :.::y�arr'�v�.�+�.�
<br /> '.,,.���,.`_,,::,}�,,,,, on said East line in a Southerly direction for a distance of 70 feett thence turninq
<br /> ""'` ' • and runnin Westerl
<br /> ;�,. ,,� . , q y parallel to the South line of said Section 20, a distance of
<br /> .+• 115 feett thence turning and xunning Northerly on a line parallel with the East line
<br /> „ � . . , of the SE�S of eaid Section 20, a distance of 70 feets thence turninq and running
<br />"' � Easterly parallel to the South line of said Section 20, a distance of 115 feet to the
<br /> • � Point of Beqinning.
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<br /> . - T06ETHER with�II bufldinp�,flxtun�,improv�»nti�nd�ppurt����no��now ot Mn�k�r�not�d tMnon�nd atl dphts•of•way,�a�nt�,nnts,
<br /> z ; isw�s,proilts.inaom�.t�rwm�nt�,IwrWit�nt�.Pdvil�p��,appuri�nMO�c,royaiHn.srd mlrnrM.al.Q���nd w�t�r ripht�tMrwnto bNotpinp,u��d
<br /> � � or�njoy�d with�aid I�nd or�ny p�rt tMnof,all of wMoh,Inotudinp rpi�o�m�nb Md�ddlHons tMr�to�hail b�d�«n�d to b�Md r�in�p�n of �
<br /> ����_- th�prop�tty aowr�d by this Ttu�t DNd;�nd dl of th�fonpoinp top�tMr with��id property a�lanin nf�rnd to u tM'Proprrty.'
<br /> r :
<br /> _-' • TO SECURE to land�r th�t�p� nt of Ind�bt�dn�o�vid�na�d by eorrow�r's Hom�Equlty Un�Lo�n Aqr��m�nt�nd Hom�Equlty Not�dat�d -
<br /> _ Februdrv 16 ,19��op�tMr with�ny�nd MI nn�w�is,modific�tiom,�nd�xt�n�lonr tt»nof�rw!sub�titution�or�xoh�npa tMnfor
<br /> IMr�in ths"Not�"l In tM m�xMnum ptincip�l sum out�t�e�diny�t�ny om tirm of f 10,000.00 ,top�tMr wlth Int�nst�t tM nt� _
<br /> ,�; ptovid�d th�rein,with�fln�i m�tutity,ff not soon�r pNd,of FebruarY 16 , 19�,�nd�t s�ourity tor�oy tutun�dwnc��tFnt may
<br /> � ; � b�msd�by th�Lend�r to tl»Borrow�r trom time to tir»��nd a�s�ourity for th�p�ym��t of�ny and dl otF»r Ind�bt�d�w�s of tM Borruw�t to ths .
<br /> L�ndsr wMch m�y�ris�,�tl of��id�um�not to�xc��d in tM�pp��Q�t��tum�qusi to thn�time�th�oripiMl pHncip�l�rnount of th�Not�. For �
<br /> — . purpo���of tha Hom�Equity Un�Lo�n Apn�m�nt,p�npraphs 2,3,4,5 and 11 b�ow�h�ll b�d�Kn�d cov�runts r�l�tinp to th�Prop�rty. ,
<br /> • ' � . BORROWER coan�ntt th�t th�Borrow�t Is Iawlully f�f:�d of tM Prop�rty h�nby aonv�y�d�nd h�t th�riyht to pr�nt�nd conv�y tM Prop�rty,th�t
<br /> tM Prop�rty i�u��noumb�nd by�ny mortp�p�,tru�t d��d,contnot to purch�s�or otMrwl��,�xo�pt for a NA
<br /> � ; NA In fwot ot tin �
<br /> _on which th�unpdd b�l�na�on this d�ts do�s not�xc��d f NA . Th�Borrow�r cov�n�nts to aompty with NI tM t�rtns�nd
<br /> r t provisiorn of�ny prior mortpp�, trust d�d or contr�ct to purcha��,upon tha Prop�rty�nd to m�k�sil psym�ntt ttwr�on b�for�tluy b�com�
<br /> ' � ,, d�AnQu�nt. it no n�or amount 1�In��rt�d it�thfs p�r�paph,tMn th�6orrow�t cov�mnt�that th�r�an no prior li�ns or�ncumbnnce�of�ny kind
<br /> upon th�Ptq»rty. TM Borrow�r futtMr oov�n�nts to w�rant�mi d�t�nd eh�tlt��to tM Prop�rty�p�fnnt�II cl�im��nd d�rr+and�.
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<br /> r ,.- ��-` --�—_' TM Bor�owa�nd tM L�nda turth�r cowront�nd�pr�s��touows:
<br /> ' �. � 1. TM Bortow�r shMi ptomptly p�y wh�n du�tfw pnnoipal Md inuatt on th�md�bt�dn����v�d�na�d by th�Not�.
<br /> .� �. 2. At I�ut t�n d�y�Mfa�tMy b�com�d�Mnyu�n�. Borrow�r thdl p�y all tax�s�nd�p�cfN �ts��sm�nts I�vi�d or�s�����d�p�in�t tt»
<br /> Prup�rty,ur�ny p�rt tMr�ot,�nd dl t�x��,I�vi���nd u��surwnts I�vi�d upon thl�7rust D�W ar th�d�bt whieh ft s�cuna.
<br /> � �' 3. Th�Borrow�r�h�k�p th�Improv�ntt Md buiWinp�,If�ny,upon tM Prop�rty ir.wnd,wfth�comp�ny or comp�N�t�pprov�d by ths
<br /> � � Undu,for�n anount not I��t thK+tM urpMd b�ia�a�on tM ind�bt�dr»��s�cur�d by this Trust OMd with�st�nd�rd mortp�pe ciws�
<br /> 1 with bss p�y�bl�to th�L�nd�r. TM Borrow�r th�ll dNiwr sNd poiiay or po0ci�s to tM l�nd�r.
<br /> fi I�tM�wnt vf�Iou,tM Bottow�r�MM piw prompt notlo�to tM insur�no�eWN�r�nd tM LMd�r�nd fil��p►oot of lo��. If tM Barower ts nof
<br /> � � oth�rwis�In d�fwlt,th�Borrow�r trny d�ot to pply tM Inwtane�proa��dt to rpMr or rpt�c�th�dart+�p�d Prop�tty.if�aonomic�lly t��s�W�,u+d
<br /> tM seouery ot this Trust OMd would not b�fmp�ir�d. If tM 8ottow�t It�n d�t�ult or d�ct�not to npMr ot tpi�c�tM drnp�d Mrop�rty or npMr
<br /> .• vr i�w.u.w+►t would nut ouo�wnwo�ily t�oaibio u�tiw�wu�ity u1 ttir?�uot Da�d would ba irrsprJred iAsn tha in:uranca pracocdc:halt ba appl�el to
<br /> •� , i tM�ast en�turlrp p�yrrNnt�du�on th�Nob. If tM insunnc�proe��d�an io�xc�ss of tM totd�nou�t du�on tMd Not�,tM�xc�ss shatl be p�id
<br /> 1 to th�Bortow�r. Insunnc�procNds(ot np�{r or r�pl�c�nt�MII b�pl�c�d fn��orow u�I��xass of tM totM artount du�on sMd Not�,th��xceas
<br /> sh�l M p�id to th�Borrow�r, tmunnc�proc��ds for rop�lr ot r�pl�cw�»nt�h�ll b�pl�c�d i���crow with th�L�nd�r and C�sbuts�d by th�L�ndar
<br /> f1 dunnp w upon compbtion of wch np�fr or��pt�cwn�nt. It tM L�nd�r acqWr�s utl�to th�Prop�rty by�z�rciN�y its pow�r of sal�.for�clo�ura or
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