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<br /> , — -- 7M utrlir�tOnrd Mr�Dy�oknowNd�th�t I�I th�QoowtMnt to ba�x�outesl h�Trwt I�wd t�mo�tp+p��nd tb1 tlN pqwrr of MN waKJN
<br /> r to�in tM Tnut ONd provl�fa�uDatw►t!�l�r diPhr�M dpht��rd aRAtqadnm to tM Bonowa the►�mortp�0�In tir�wnt of��t�ult a brNOb of
<br /> �}!.;, . ot�lipnlon. TM vnd�mipn�d fuRM�t�prq�nt�nd apnsr that iN�e�rtlNoadon Au bNn nd an�!�xaut�d In aonrootian whfi eut pdor to th�
<br /> und�rAprnd'��x�outlon of eM foNawirp Trwt O��d.
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<br /> -_______ --- I�t3lfi�yP Lt�AW�RtlBY ziEED
<br /> -�^ ��-`�•' ' TM18 TAUST DEED Is made this 3 d�y of Mn��eh ,lY,.,_,94by�nd b�tw�m dw Tru�tor.
<br /> Denais W. Bruns and Mn L. Bxuns, Husband aad Wi£e. � L
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<br /> ��*`'�:'.�*...'.:, '..,-�,�I (MrMn'BoROw�r•l.�
<br /> � ?'" " �r " '" 630 Pheasant Place, Grand Ieland, NE 68801
<br /> • `� ^ . . � who»maiAnp addr�s�f� ••,
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<br /> . , and FlnTler tM►dn•TruttN•l,�tb tAs'� -—
<br /> " ' ' Bsnettd�ry,FlnTi�r�gpk��j.A_ .whos�msiltnp�ddnn b r _
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<br /> � .;. �J • Grand Is laitd, NE 68801 thsrNn"Lend�t'1.
<br /> '! �' , BORROiAIER.to consWsatlon ot th�ir►d�bt�d�a�broin noltad u�d th�uu�t Mnin a��trd,irrevoa�bly OnM�and oonwy�to Ttun��,in trust, �`_
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<br /> WITH THE POWEN OF SALF,the followinp d�sodbed prop�riy loo�t�d in th�County ot_„}�L -St�t�ot N�tot�ke: k:?;-
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<br /> •--=--=••-----• Lat 25, Ravcntiaod Sub33visioa, Grs.tid Ie].ead. HA17 r_.mmry, Nebraeka.
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<br /> s TOtiETHER wfth ail bulidinpe, fixturee end Improvementa now or heresher ereoted therso�end e0 dphtt•ot•wsy.�ssM»nb.ront�,issus�,ptoflri.
<br /> - inoome,tenemente, hereditements,privilepee,eppu►tenena», toyeitles,a�d minerel,oi�,pes end weter flphtt th�teunto belonpinp,uoed or�nJoyed
<br /> , with seid lend or e�y pert thereot,end the homesteed or meiitei intereste,if eny,whlah fntereste sre hereby relened uid waived,and ell ot wNoh.
<br /> fnoludinp rep��oements ae+d edditlons the�eto shsll be deemed to be end remein e p�►t ot the property aovered Oy this Ttust Os�d;�ed dt ot ths
<br /> _ forepoinp topether wtth setd property ere herefn reterred to ee the'Property.'
<br /> � TO SECURE to Lender the rapeyrnent o}Indebtednnse evideneed by 8ur�ower's�ote Geted P'1&rch. 3 ,18 94 topethsr
<br /> wtth e�y end ell renewnte mu�hfiaetions,e�W eKteneione thereof erx!subatitutlans or exahanpes therefor,thereln tef�rr�d to as the"Note�)in ths
<br /> p�inoipai aum ot 3 5.d00.00 ,toyether with Intoreet at tAe rate provfded theroin,with e flnal metudty,it
<br /> not sooner pdd,of Mareh 3 , 18 97 ,and es seourity for eny}uture edvenoes thot tnay be msde by Lender W Bottower
<br /> ftom tlme to tlme e�d sa socurity tor tho peyment ot eny ond eil other Indobtodnosa ot tho Borrowor to the lender whioh mey ariae,ell of eefd suma
<br /> not to exoeod in the epyrepete e aum eque�ta three timea the orlpinai prinoipet emount of tho ebove reoited Note.
<br /> BORROWER oovenents that Borrower la Iaw/uity aelzed of tM Propony hereby oonveyed end hes the Hpht to rent end oonvey tM Proporly,thet the
<br /> Property le unencumbated by eny mortyepe, truet doed,aontreot to putohoee,or otherwise,except tor e �e@d of TYUBt
<br /> �n tavor o1 Home Federal Savings & Loan of Grand Island
<br /> ; on whioh the unpeid belence on thle date doee not exoeed 1 + . Botrower oovenents to oom�y with ell the tertn4
<br /> • end proMeions ot eny pNo�mortgepe,trust deed or oontreot to purchese,upon the Property end to meke etl peyments thereon before thdy baoome
<br /> ° • de�lnquent. It no neme ot emount ts InaeKed i�this peregreph,then Borrower oovenente that there are no prlor Ilens ot eny kind upon the P�openy. f
<br /> Borrower(urther oovenents to warront end defend the titto to the P►openy ogeinet ell cielms end demends. I
<br /> , Bonower end londer furthor covenant end egreo es tollowe: i .
<br /> , 1. Borrower shdl prompt�y pay when due the prf�e{pal end Intoreat on the indebtedrasa evidenoed by tho Note. I
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<br /> 2. At teoat ton deys before thoy beaome deiinQuent, Bor�owe�eheli pay ell texea eM epeciei aesesemente�oviad or esoeesed egainat the Property.
<br /> ' or eny pert thereof, end eIi texos,Ievles end aeeosemonta�evied upon thfa Trust Dood or the dobt whieh It seouras.
<br /> !, 3. Bonowe�ehNl keep the improvemeoto and bmldi�ge,if any,vpon the Property ineured,with e oompony or oompen4ea epproved by the Lender,lor
<br /> � � en emount not Iose then the unpaid betence on the fndobtedneea aecured by thie Truet Doed with e stendord mortpage aieuse wit�loee peynDte to
<br /> � the lender. Borrower ehall det�ver sald polioy or potiofos to tho Lendor.
<br /> ' � In the event ot a Iose,6otrower shetl plve prompt notloo to the ineurence aerrie�end tho Leldor end file e proof af loe6. it the Bortower Is not otherwlee
<br /> I � i�deteuit,ths 8ortowsr mey olact to epply the fnsurenue praeeds to ropalr or ropleoo the demapod Proporty,ii eoonomioeily tsesible,end ths secudty
<br /> , � of thie Truat Deed would not bo impefred. It tho Bonower i�In deteutt o►etecte not to ropeir or repteoe the domeped Property or repair or repieoement
<br /> E • woutd not eoonomloeily feesibte or the eeourity of thie Truet Oeed wou�d be fmpeired then the Insuranoe proaeede ehail be epplied to the lest meturiny
<br /> � �S peymente due on the Nato. If the ineutenoo pr0000da ere In excesa of tho totel emount due on eeid Note, the oxoess she�i be peia to the Bo►rower.
<br /> t�autenoe prooeede for rep�r or repiecement eAell bo pl000d in esc�ow wfth the Londer end dlebursod by Londo�du�i�p or upon oompledon ot suoA
<br /> ,. i repdr or ropieoement. If the lender eoquires Utlo to the Property by exerciefng its power of aele.torealoeu�e or otMrwl�e, in eetlefeation of the
<br /> 1. indebtednose oecured hereby,in whole or in port,then eil ripht,t1Ge end interest of the Borrower i�ond to cuoh insuro�oe po�loy or potieie�ehdl pess
<br /> . to the Lender.
<br /> ' 4. For the purpoeo ot providi�g o tund tot the peyment ot texee,epecfal aesesemente end ineurnnce premiums,Bor►ower ehetl depoelt with lender,
<br /> ` . on the detee thst peymenta ero due on the Note, an amount equat to the texee,essesaments end Ineurenoe promiums next due le��as eetlmeted by
<br /> the lender,�eee emount�etreedy depoelted theraforl dividod by the�umber of peymente on the Note thet wili beaome due p�ior to the dete when euoh
<br /> � taxes,eaeeeemente end i�surence premiums wdl become due nod pnyebte. Sald tunda wilt bo ho�d by the Lendor in o non-Intoroat boorin8 eeorow
<br /> eocou�t(or the purpoeea set forth above. �f tM amounts of theso doposits ere not eutficiont to poy toxes,ueseaemonts ond f�sutonco ptemiwm os .
<br /> they bocome due,the Borrowor sheli upon request,poy londet the emount�eceesery to mqko up tho doficloney.
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