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<br /> - �'�,,�,,,,,,�,, D�k?D OF TRU�T VEIITH PUTURE ADIIANCE8 �_,.-:;:-___�.
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<br /> � THIB OEEO O�TRUST,la mtds as ot tha.?�2ttSL day ot Kar. ,1f���.,bY eRd nmoRp _ �
<br /> : �r.r. l�eti "�}' th�T/!!�M/ .T��1Rfa � n wa�ar r+,�,ay��a �nraen - •
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<br /> r,;r:��.�.:.'�. .. � whcae malilnp addresa Is Iirend Ielend�hereU"Tn��r,6��he���tz a moro). c _
<br /> , • - �n, .. �w•. �_° __--_
<br /> � ,-� thBTtubtee, F'ive Peinta H�nk a Ha6rapka Cereor� en .
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<br />_ �d# :•.:,' whoae mailinp addteaa ia P'0. Box 1507 tirand I eland. HE 66�02 (ftereln"Truatee'�.end =-
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<br /> the Bene4iatary, Five Pointe Bank =�•w
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<br /> whose mallinp addresa Is 2015 N Braadvell tirand ieland. NE. 68802-1507 (hereln•'Lender�. o-` __ ____..
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<br /> • K � FOR VALUABLE CONS�DHRATION,inoiuding Lender's extension of aredit identifled herein to �:;�-.`
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<br />,/ •• � James L Danhauer (herein°8orrower",whether ono or more)and the uust herefn areated, �_;'�=-�
<br /> �� -� • tfie recetpt of which is hereby aaknowtedged,Truator hereby Irrevoaabty granta,transtere,conveys and aasigns to Truetee,IN
<br /> �>':.
<br /> � �' TRUST,WRH POW HR OF 8ALE,for the beneilt and security ot Lender,under and subjeat to the terms and condiGons hereinettHr set "'''�`�
<br /> " ° ° forth the�oal prope�y,desoribed as toilowa ��
<br /> .. . _ __ ____ __ !A'� TEN (10) EXCEPT THE £ASTERLY 2.5' TH£RE[�F, BLQCK THREE t 3) IH PLEASAHT �� __
<br /> ���� "` VIEN SEV�HTH SUBDIVISIOH, TO THE CITY OF GRANU 1SLANU. HALL �UUH11(, i�EbRRSiiw. -- - -
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<br /> � . Together with ail buitdings,improvements,flxtures,streeta,alteya,passageways,easoments,righte,privlte�es and appurte- •°��'�:•
<br /> . nances located thereon or In anywise pertalning thereto,and the renta,issuea and p�oflta,reverelons and remalndero thereoL and , r.
<br /> such personal propsrty that is attached W the improvements so as to aonstiwte a(Ixture,inciuding,but not timited to,heatlnp and ��:,
<br /> , • � cooling equipmen�and to8ether with the homestead or maritai intereats,if eny,which interests are hereby�eleased and waived;atl , , .��
<br /> . � ot wMah,inoluding replacementa and addltions thereto,is hereby deolared to be a part of the real estate secured bythe lien o}this f�-�<�:-
<br /> • Deed of Trust and ail of the toregoing beinp referred to herein sa the"PropeAy".
<br /> • This Oeed of Trust aheit seoure(a)the payment ot the principa►sum and Intereat evidenced by a promta3ory note or oredit - �. �y
<br /> �---_—_-_-_.. " �+�,;
<br /> ` agreement dated Karah 22nd 199�! ,having a metutity date ot r�T.�'ntember iBEi, 1934 , � •.
<br /> in the original prinaipal amount of S 8�Eiz��50 ,and any and ell modifiaadona,exteneions and renewals .
<br /> thereot o�thereto and any and atl future advances and readvances to Borrower(or any ot them if more than one) hereunder
<br /> pureuant to one or more promissory notes or credlt agreements(hereln calied"Note'�;(b)the payment ot other suma advanced by .`� �
<br /> ' , . Lender to proteot the seaurlry otthe Note;(c)the perfom►ance ot all covenanta and agreements oi Trustor aet torth herein;and(�ali
<br /> . present and future indebtednesa and ob�igatfons of Borrower(or any ot them It more thfln one)to Lender whether dlrocR indireat, c �� '
<br /> absolute or conUngent and whether arising by note,guaranty,overdreR or otharwise.The Note,this Deed of Trust end any and a�� � �p
<br /> other dxuents that seoure the Note or othervvise executed In conneudon therewith,including wlthout�imitation guarantees,security , .!
<br /> � agteements and assignments oi leases and rents,shall be reterred to heretn as the"Loan Oocuments". r��
<br />- . Truator covAnanta and agrees with Lender eb toilowa: `` � "�
<br /> t, paym�n!ol Ind�btednea.AI{Indebtedness secured hereby shalt be pald when due. �'
<br /> � 2.Tttt�.Trustor is the owner of the Properry,has the rfght and authority to convey the Properly,and werrants that the�len t '
<br /> � � created hereby is a flrst and pflor Ilen on the Properry,except for Ilens and encumbrances set torth by Trustor In wrlUng an d ' �`.���'
<br /> deiivered to Lender before executlon ot this Deed of Trust,and the execution and�ietivery oi thls Oeed ot Trustdoes not violateany :��g��
<br /> contract or other oblfgaUvn to which Trustor is subJect � i�`'.,. '�.
<br /> 3.Taxts,A�tasm�nb.To pay betore de�inquency ail taxea,apeciat assessmenta and aIi other cherges agaiest the Property �
<br /> now or hereafter levled. • . `
<br /> 4. In�u�ance.Ta keep the Property ineured agalnst damage by(Ire,haxards inctuded wlthin the term"extended coverage",and � . � . .
<br /> such other hazards as Lender mey requlre,In amounta and with companiea acceptabie to Lender,naming Lender as an eddidonei �
<br /> nametl insured,with toss payable to the Lender.in case ot Ioss under such policiea,the Lender Is authorized to adJust,collBCt and ;
<br /> compromise,ati claims thereunder and shel�have the option ot epptying ail or part ot the insurance proceeds{I)to eny Indebtedness , .
<br /> secured hereby and in such order as Lender may determine,(il)to the Trustor to be used for the repair or restoraUon of the Property �
<br /> � ' or(Iit)tor eay other purpose or obJect satlatactory to Lender w�thout effecting the fien oi this Dencl vt Truat tor the futi amount sccurcd ' ,
<br /> hereby before such payment ever took ptace.Any appticatlon ot proceeds to Indebtedneas shatl not extend or po8tpono the due 1
<br /> date ot any payments under the Note,or cure any default thereunder or hereunder.
<br /> 6. Esorow.Upon written demand by Lender,Truetor ahatl pay to Lender,In such menner as Lender may deslgnate,sufilclent �
<br /> ' aums to enab�e Lendar to pay as they become due one or more ot the tollowing:(I)all taxes,asaeasments and other chergea agalnst ,
<br /> the P�operly,(li)the premtums on the property insurance required hereunder,and(III)the premiums on any mortgege insurance ,
<br /> : required by lender. �
<br /> 8. Maint�nanc��Repeira end Complla�ce with Lawa. Trustor ahall keep the Property In good condltion and repelr;shalt ,
<br /> , , prompGy repair,or replace any improvement which may be damaged or destroyed:shatl not commit or permlt any waete or ;
<br /> deterioration oi the Property;ahait not remove,demolfsh or aubstantlaily aiter any of the Improvements on the Property;ehail not
<br /> commit,sutter or permit any act to be done in or upon the Property in vloiatlon of any taw,ordinance,or repuladon;and shall psy and
<br /> � , prompUy di8charge at Trustor's cost and expense all Ilens,encumtrances and chargea levied,imposed or assesaed egainet the
<br /> " Property or any part thereot.
<br /> � . 7. Eminent Domatn.Lender Is hereby asaigned all compensatlon,awards,damages and other payments or rellef(herelnefter
<br /> "Prxeeds'71n connection with condemnatlon or other taking of the Property or part thereof,or for conveyance In tieu ai condemna-
<br /> = tlon.Lender shalt be entitled at Ita optlon to commence.eppear In and prosecute In Its own name any action o�proceedings,and
<br /> ' shail a�so be entitled to make any compromise or settlement In connection with such taktng or damage.In the event any poKlon of
<br /> � the Praperty Ia so taken or damaged,Lender shali heve the optfon,In Ita soie and absolute dlscretlon,to appty a�l such Proceeds.
<br /> - � atter deducting therefrom al►coste and expenaes�ncurrea cy it in connecnon wim sucn rroceeds,upo�anr��de`viou��ooaoa���o�+
<br /> hereby and fn such order as Lender may determine,or to appty all such Proceeds,after such deductione,to the reaWratlon o}the
<br /> Propery upon such condidons as Lender may determine.Any appticatlon of Proceeds to Indebtedness shatl not extend or postpone
<br /> '� ; the due date of ahy payments under the Note,or cure any default thereunder or hereunder.Any unepplled tunds ehatl be pald to
<br /> ' j � Truator.
<br /> 8.Perform�ec�br L�nd�r.Upon the occurrence ot en Event ot Oetauit hereunder,or tf any act is taken or lega�proceeding
<br /> , ;r � commenced which materialiy aHecta Lender's intereat In the Property,Lender may In ita own dfscreUon,but wlthout obtigetlo�to do
<br /> ' ' � so,and wlthout notice to or demand upon Truetor and without reteaeing Trustor trom any obtlgation,do eny act which 7rustor has
<br /> ' � a g r e e d b u t f a l i s t o d o a n d m a y a l s o d o a n y o t h e r a c t i t d e e m s n e c e s s a ry t o p r o t e c t t h e s e c u r i ry h e r e o t.T r u s t o r a h all,imm e dlatel y
<br /> . upon demand the�efor by Lender,pay to Lender ai�costs and expenaes tncurred and sums expended by Lender in connection with
<br /> i the exerclse by Lender oi the toregotng rlghta,together with Interest thereon et the dofault rate provlded In the Note,which ahall be
<br /> ; added to the lndebtedness secured heraby. Lendor sheti �ot ir�cur any Ilablllty beceuse ot anythi�g it may do or omit to do
<br /> y hereunder.
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