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<br />: �����°� DEEO OF'PRUBT 11Y14H FUTURE/ODOIAi�iCEB
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<br /> THIS OEEO OF TRUST,It made as of the i��h day of �er• _,1g 94 by and�memp
<br /> '� _ theTrustor� CHAR�E9 M RASTItIG9 b KARBH T HASTINOS , hueband and vite ____�
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<br /> �` 3441 BCNROEDER AVB ORANO ISLAND � �8�� `—
<br /> '' � whoae mnlllnp addross ta (herein'T►uitov, whether orse or more),
<br /> y' the Truates, Five Painta 8aek, a Nebraake Gorporetion �
<br /> � �� �: ' whoss mallinp addratta la P�Q� Box 1507 arand Iolandp NE 68802 (herein"Trunes'9��nd
<br /> _� i.}..y �.°1�`{.'� F1V@ P01Dt.� BRAk -
<br /> `'?•::'t•• •�y '' the Beneilolary. '
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<br /> "%�`��� ��*`Y�' ' 2015 ti. BroadMell 6rand I�lend. NE. 68802-1507 �
<br /> 's'.: �t.�' whose mallinp address la (hetola"Lender'q• - -- -
<br /> �'� . �� �=. '' CHARLES !! HASTIl1[iS �- . __ _
<br /> ' �{��� "��� • '" FOR VALUABLE CONSIOBRATION.ineludinp Lender's extension of oredit IdenUfied herein to _
<br /> �� ;` - , ,' � KAREH T HASTINaS (herein•'eorrower",whether one or more)and the trust herein areated, � __
<br /> � the recetpt of whtah is hereby aeknowledged,Truetor hereby inevoeabiy grante,transfera,aonveya and aaelnns to TrusMe,IN __
<br /> • -> TRUBT,WITH POWER OF 8ALE,tar the beneiltand seaurity of Lender,under and subjeat to the terms and condltionahsreineiter set
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<br /> " '� �� � �,�1'���pl�aR�mB����el��P�STROADS ESTATE SUBDIVISIQK, t3RAH0 ISLAHD. �-T__
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<br /> - - �=—:--.--.�- !fRl.l. CO!!l:TY. !!£BSASi{A. `°"::.,.._ _
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<br /> ' •, Topether with all buitdinga,improvements,flxtures,atreete,atteys,paesageways,easemente,righte,privilegeaartd appurte- ��r?='--
<br /> .. nancea looated thereon or in anyw{se pertaining thereto,and the rents,iasues and praitte,reversions and remainders thereof,and
<br /> �� ., � suah peraonet property that Is attaahed to the improvements so as to constitute a flxture,inciudln ,but�ot Iimfted to,heating and •'���.
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<br /> cootinp equipmen�and topether with the homeatead or marital Interests,It any,whiah interests are hereby released and watved;ail .`� _
<br /> . ...
<br /> � ot which,ino�uding replacementa and addittons thereto,ia hereby deatered to be a paR ot the rAat eatate eeoured bythe ilen of thia u •�-.;
<br /> •� Desd of Trust and all ot the toregoing betng referred to herein as the"Properry". ''��:
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<br /> • Thls Deed ot Trust ahail seaure(a)the payment of the prinalpal aum and interest evtdoncod by a promieeory note or credlt � �� °':
<br /> ^ agreement dated �arah 14th 1994 ,hav1n9 8 maturlty date ot ��rah ��h 2333 �
<br /> in the original principat amount of a �S.039.50 ,8nd any and all modlBoallone.extenaiona and renewais ' �,
<br /> theroot or thereto and any and all tuture advanaes and readvances to Borrower(or any of them i}more than one)h�reunder .,
<br /> pursuant to one or mo�e promiseory notes or credit agreements(herein cailed"Note'7;(b)the payment of other suma advanced by ''
<br /> . Lender to proteot the seaurity of the Note;(a)the performance ot all covenants and ugreements af Trustor set forth herel�;and{dj ati
<br /> preaent and future indebtednesa and ob�igatlons of 8orrower(or any of them tf more than one)to Lender whether direct,indirect, -•
<br /> � absolute or aontingent and whether arising by note,guarenry,overdratt or otherwlse.The Note,thls Oeed of Trust and any end all � �
<br /> other doauents that aecure the Note or otherwise executed in connecqon therewlth,inciuding without Ilmitadon guaranteea,seourity
<br /> • egreements and asalgnments ot teases and rents,shali ba reterred to hereln as the"Loan Dxuments". •�"r
<br /> Trustor covenanta and agrees with Lender as toliows: 't
<br /> • 1. Paym�nt oi Indebtedness.All indebtednesa seaured hereby shall be paid when due. S
<br /> ' 2.Tlti�.Trustor Is the owner ot the Property,has the Nght and authorlty to co�vey the Property,and warranta that the tien � �
<br /> 'e areated hereby is a if�at and prior Ilen on the Property,except for Ilens and encumbrancea set torth by Truator In writing and - f•'�,�`.��
<br /> � delivered to Lender betore execution ot this Deed of Trust,and the executlon and deifvery of this Deed oi Trust does not vlotate any ' ' :'�f�=' '�
<br /> contraat or other obligaUon to which Trustor la subJect � °r, �
<br /> �y;,�;
<br /> 3.Taxet,As�eame�.To pay before delinquency ai�taxes,apecfai asseasments and alt other chargea againet the Property ; „
<br /> • now or heresfter lovlcd. � ��
<br /> 4. insurana�.To keepthe Property insured against damage by tlre,hazards included within the term"extended coverape",and I
<br /> such other hazards as lender may requlre,in amounts and wlth companles acceptabte to Lender,naming Lender as an addidona� ; ,
<br /> named insured,with loea payabie to the Lender.In case of Iosa under such policies,the Lender is authorized to adJus�colleot and
<br /> compromise,all cialmsthereunder and shall have the optlon ot apptying all or part of the Inaurance proceeds(i)to any indebtedness
<br /> secured hereby and In such order as Lender may determine,(II)to the Trustor to be usad tor the repair or restoration of the Property
<br /> or(lii)tor any other purpose or objeat saUafactory to Lender without aftecting the Uen ot this Oeed of Trust tor the tull amount secured
<br /> hereby betore suoh payment ever took place.Any appilcatlon of p�oceeds to indebtednese shall not extend or poatpone the due
<br /> dete of any payme�ts under the Note,or cure any default thereunder or hereunder.
<br /> b. Esorow.Upon written demand by Lender,Trustor ahall pay to Lender,in such manner as Lender may designate,suHiclent
<br /> sums to enabte Lender to pay ea they become due one or more ot the tollowing:(i)all taxes,assesements and other chargea against
<br /> the Properly.(11)the premlums on the property Insurance requfred hereunder,and(III)the premiuma on any mortgage Insurance
<br /> requtred by Lender.
<br /> 8. Matntsnanee, Rspain and Complfance with Laws.Truator ahalt keep the Property In good condttlon and repalr,shall
<br /> promptly repafr,or raplace any improvement which may be damaged or destroyed; shall not commit or permlt any waste or
<br /> deterloratlon of the Properh►:aha��not remove,demolish or substantlatly aiter any of the improvements on the Properry:Shall not
<br /> •• commit,sutfer or permit any act to be done in or upon the Property In viotatlon ot any Iaw,ordlnance,or regulation;and ahall pay and
<br /> � prompt{y dlacharge at Trustor's coat and expense ali Ilens,encumbrancea and charges Ievied,imposed or assessed agafnst the
<br /> ,, PropeRy or any part thereoi.
<br /> 7. Emin�nt Domaln.Lender is hereby assignad all compensatfon,awarda,demages and other peyments or rellef(hereinafter
<br /> "Proceeds'�tn con�ecUon with condemnatlon or other taking ot the Property or part thereof,or tor conveyance In Iteu of condemna-
<br /> Uon.Lender ahali be entitled at Its option to commence,appear In and prosecuto In►ts own name any actlon or proceedfnga,and
<br /> • shall also be entitled to meke any compromise or sett�ement In connectlon wlth such taking or damage.In the event any portion ot
<br /> tha Pronertv Ia so taken ar domaaed.Letlder 8hali have the OptfOtt.In Its sole and absolute dlacretion,to epply 811 auch ProCeeds,
<br /> �i after deducUng the�efrom alt costs and expenses incurred by It In connectlon with such Proceeds,upon any indebte0neas securetl
<br /> � hereby and in auch orderes Lender may determine,or to appty ail euch Proceeds,aRer such deducUons,to the reato�atlon ot the
<br /> Property upon euah condldona as lender may determtne.Any appticatton ot Proceeda to Indebtedness ahall not extend or poetpone
<br /> ' the due date ot any payments under the Note,or cure any de}autt thereunder or hereunder.Any unapplled tunds shall be pald to
<br /> i Trustor.
<br /> � 8. P�Aotm�na�by und�r.Upon the occurrence oi an Event of Oefauit hereunder,or It any act Is taken or lepel proceeding
<br /> � ,•+ commenced whtch matedatty atfects Lendor's Interest tn the Propeny,�ender may In ita own dfacretton,but without obitgation to do
<br /> '� so,and u�ithout notic0 to or demand upon Trustor and wlthout re�eastng Trustor irom any obifgatlon,do any act whlch Truetor has
<br /> apreed but(ai�s to do and may also do any other aat tt deema nece9sary to protect the securfty hereot.Trustor ahall,immedlately
<br /> ,� upon demand theretor by Lender,pay to Lender alt costa and expensea Incurred and sums expended by Lender in connectlon wlth
<br /> . .,, the exerclse by lender o}the torepoing rlghte,together with Interest thereon at the detautt�ate provided in the Note,whtch sha�l be
<br /> • added to the indebledneea eecured hereby. Lender sha�t not Incur any Ilabttity because ot enything tt may do o�omit to do
<br /> 4 hereunder.
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