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<br /> , _ ---W --- . . ACKNOIM6BDQEM�N7 0�DEED OF TRt�ST �4-�Q�.�ji�0
<br /> TRUBTOR RFJ1G YH18 9EFORE 81GNlMG:
<br /> Trustot undentand�that Ms dnaumentthatTrustor Is�bout to�x�cut�la a QMd of Trus4�nd not a moRnsp�and thatth�aow�►
<br /> _ --_�._fr----_�� ele+��prnvleMdteui�q�sW�dofTirwtprovldntubsfantltilydltf�r�ntrlpht��ndobllORtlpnstoYruttorthtn�mortpap�inth�want
<br /> otedefaultorl+reaohotobtlpatlonundsrthAOeedofYrumt,Inaludlnp,butnotllmlt�dto,theLendn'�IlphttOh�Y�t�f�p►op�rlys0id -- -
<br /> ��- ---=T� Oy tho 7ruaica wlthout efly)udloial praacadinp.Truatcr rQpre�onte t�n�a�rrrnnte thet thle eoknowledgoment wu�x�out�d by �___
<br /> Tru�tor b�fon th��x�outlon of the Oesd M 7�uit
<br /> � TNator
<br /> �
<br />°,. •• T�uator
<br />-.'' OEED OF TR6JST WITH FUTU�iE ADVANC�8
<br />�'! THIB DEED OF TRU3T,is made as ot the 1�.T�L day ot MAR .0 —,19�,4�by and amonp
<br />� >
<br /> the Truator, 4KA(' WAY DTSCOi1NT DFPT CTARES I1dC — ,
<br />- whose mallUg address is �20 �`RaT aTATE ST CI�ANn IcL-nrLn_. NE 68B03�heretn°Truator;'whether ona or more), 4�
<br />__ -r, � _.�,•, rr. the Trustee. AI��Nn R BAAGK �
<br /> � �v�'�+'`��' �� D 0 BOX 790 GRAND I3LAND NE 68802
<br /> �'t�;t�� whose mafiing addresa is�,, (herein"Truatee'�,and
<br /> • n r.
<br /> ., ;.;�i:._. thB 86f1@110i6�y, '�R AVFRT Ai�TI) NATTpNAT RA� OF Gn�*Tn ter Ogp ,
<br /> \.� .. ... s.�.
<br /> ' �* "� whose malting address is p 0 SO 1688 CRAND iSI autn NE 688�� (herein"Lende�'�.
<br /> , ^ �" FOR VALUABLE CONS�OERATtON,inotuding Lender's extenslon ot credlt tdentitied herein to Sxnr.�wnv nrSr.ntttaT
<br /> " DEPT STORESa INC. (harein"Bo�rower",whether one or more)and the trust herein areated, i
<br /> : �; ' -• ' ,. ' ° iha rneeipt ni whiah ia hereby ackn�wie��frti,Trubtor hereby lrrevacabty granls,trenstsrs,convsye and e+s�l�ne t�Tr��et�,iN =_ ,-
<br /> ' • TRU3T,WITH POWER OF 3ALE,to�the benetit and security ot Lender.under and subJeot to the terms and conditions heretnafter set
<br /> torth,the real propertyr,described ea totiowa: _
<br /> ' ' .. SEE EXHIBIT "A"
<br /> , � ^ r Together with ail bulldings,Improvements,flxturea,streets,atleys,passageways,easementa,righte,privlleges and appurte-
<br /> � •• : nances toaated thereon or in anywise pertaintng thereto,and the rents,Issuea and protits,reverstons and remaindera thereof,and
<br /> auoh personal property that ie aflached to the Improv@ments so es to constltute a fixture,inc�uding,but not Iimfted to,heating and
<br />= , •• cooling equlpmenx and together with the homeatead or maritei interests,it any,which Intereats are hereby reteased and waived;all -
<br /> • . of whioh,inaluding replacementa and addltlona thereto,is hereby declared to be a part ot the reai estate secured by the Ilen ot this �.-__
<br /> � . ' Deed of Trust and all ot the foregoing being referred to horein as the"Properry". _-
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<br /> y1• This Deed ot Truat ahail secu�e(a)the payment of the princfpal sum and Interest evidenced by a promlasory note or credlt �'
<br /> ��r
<br /> , � agreement dated _MQAr,u� �44G ,having a maturity date ot. MaRCH t � 2n01 — , -
<br /> � In the origina�princlpfli amount of$ �-nnn_nnn_nn ,and any and aIi modNlcatians,extensfona and renewals
<br /> - thereof or thereto and any and all future advances and readvances to Borrower(or any ot them I(more than one)hereunder
<br /> �� pursuant to one or more promisaory notes or credlt agreements(herein ca�ied"Note");(b)the payment of other sums advanced by
<br /> Lender to protect the eecurity ot the Note;�c)the performance oi all covenants and agreemAnts of Trustor aet torth herefn;and(d)ali
<br />_ � present and tuture indebtedness and oblfgattons ot Borrower(or any of them N more than one)to Lender whether direct,IndfrecL
<br /> ebsolute or contingent and whelher arfsing by note,guaranry,overdraft or otherwise.7he Note,th�s Oeed of Truat end any and at� ,
<br /> �. .. other docuents that BeCUre the Note or otherwise executed in conn�ction therewtth,Inciuding wlthout Ilmitatlon guarantea8,security
<br /> � ' agreements and aesignmente ot Ieases and rents,shali be referred to herein as the"Loan Instruments".
<br /> �� Truator covenanta and agreea with lender as tollows:
<br /> ( � 1. Payment ot indebtedneee. All fndebtedness secured hereby shalt be patd when due.
<br /> 2. Tilie.Truator la the owner oi the Property,has the rtght and authority to convey the Properry,end warrante that the lien
<br /> • created hereby Is a tlrst end prior Ilen on the Property,except tor Ifens and encumbrances set forlh by Trustor In wrfting and
<br /> • - � dellvered to Lender betore executinn oi thls Oeed ot Trust,and the executfon and delivery of thfe Oeed of Tru at does not vlotate any
<br /> � � Contract or other obligation to which Trustor ia subject.
<br /> ••. . � 3. Taxes,Aeees�mente.To pay betore dellnquency all taxes,specfai asseasments and all other cherges against the Property
<br />- now or hereafter Ievied.
<br />-=i • 4. in�urenee.To keep the Property inaured agafnst damage by(ire,hazards included within the term"extended coverage",and
<br /> . • � such other hazards as Lender may requfre,ln amounts and with compantes acceptabie to Lender,naming Lender as an additlonai
<br /> � named insured,with�oss payable to the Lender.In case of tosa under such policfes,the Lender is authorlted to adjust,collect and
<br /> compromise,ail clafrns thereunder and shat�have the option of app�ying all or part o(the insurance prceeeds(1)to any Indebtedness
<br /> • � secured hereby and in such order es Lendor may determine,pq to the Trustor to be used tor the repaf r or restoretlon oi the Property I,
<br /> . . or(Ilp tor eny other purpoae or obJect satlafactory to Lender wfthqut aHecting the uen ot thls Oeed ot Trust for the lutl amount secured I
<br /> harahv ha}nra o�mh nnvmanf avar fnn4 .,iA�p nn�annucar►on nt nroceeds to indebtedness sha�l not extend or postpone the due �
<br /> ' ,i^ date of any paymente under the Note,or cure any default thereunder or hereunder. •`
<br /> ti . 5. E�erow.Upon written demand by Lender,Trustor shall pay to Lender.In such manner as Lender may designate,suHicient
<br /> , . ti . sums to enab�e Lender to pay as they become due one or more ot the following:(f)all taxes,asseasments and other charges against
<br /> ! �� the Property,(fi)the premtums on the property inaurance required hereunder,and(Nf)the premiums on any mortgege Ineurance
<br /> , S:
<br /> ; requtred by Lender.
<br />� � I. 8. Mainte�anoe,Repaln and Comptiaoce with Lawa. Trustor shalt keep the Property In good conditlon and repalr;shall
<br /> `, �y promptly repair,or repiace any improvement wh�ch may be damaged or deatroyed;ahali not wmmil o� permit any waste or
<br /> i deterloratlon ot the Property;shalt not remove,demollah or subetantialiy aiter any of the improvements on the Property;shatt not
<br /> commft,suHer or permit any act to be done In or upon the Propertyr in violatfon of any law,ordlnance,or regulation;and ahait pey and
<br /> � G . promptty discharge et Trustcr's cost and expenae all Iians,encumbrances and charges levled,Imposed or assessed agafnat the
<br /> _ Property or any pan thereot.
<br /> , ' 7. Eminent Oomain.Lender Is hereby asslgned atl compensatl�n,awarda,damages and other payments or retlet(herelnafter
<br /> , � � "Proceeds")In connectlon with condemnatlon or other taking ot the Property or part thereot,or tor conveyance in Ileu of condemna-
<br /> tlon.Lender ahat�be entltled at Its optfon to commence,appear In and prosecute In ita own name any action or proceedings,and
<br />�. ..-... _,_ ", .. 011qll(�IOV 400114UVV W���Y��bM��� v�.�r�v�r.��v�..r�r����. v ..�..............�.... •�.��..��.r�. ..�.�.�^���r�....�ry�.Iw1►�.�......n1nr����Alr� nl
<br /> - . NOC�4671Nonpnculw�al Oad�Rsv tOi88
<br /> O 1988 NnarolO�n�of Com�ce Trun�n06eu�nQt Mfa�ef�on.l�ncotn.NeMnte �
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