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<br />_: �.��� - 94-�p�24
<br /> � � � � ' D��D OF TWUBT WITH �UTURE ADVANCE3 �.�Y,._ti�-
<br /> . �'.,;��rF • THt8 OEED OF TRUBT.Is mtd��s ot the i ith day of Mar. ,t 9.9�.by and amonp _
<br /> � �, �"'. � ..'� .
<br /> ' � � the Truator. Brua� Lav�li�ur ,�,,,�,e l{n rt A t a v a t ti p u r h u c h a n� R w_i f�. ,
<br /> _ ��”�' .. . ,:.t,`;A•� 1�0 q 8tA St Rre�td Ieland u�r,68�i 4Y20 - - - --
<br /> �}�� . ... .,•���,�,. •<'? whose mNtinp addrots Is sto '� fietFi �
<br /> iherein"TN r, w er cne or more),
<br /> . �..
<br /> __- -
<br /> . ..,� _.�. , �":°.ab� the Trustee. Fiw Poinl� B�nk. • ll�brasl�o Corooration _ _ � �--_ `- -
<br /> .. `. whoae mellin sddresa Is P�0. 8ox 1587 araad I�land, NS 68802 �herein"T►ustee'�,and
<br /> o �;-=_----
<br /> � � � : Five Poinl� 8�nk `�-�—
<br /> r=�-
<br /> , the Beneflnlary. � �`�';---:=-_-- ---
<br /> �r��� -��..�.
<br /> r ' 7�15 M. Broadtdl Gr�ad Iol�nd. NB. 68802-1507 herein"I.ender�. �4.-c��v�-'._:-�-'
<br /> whosa mel�inp addreas fa � , :��.:��,a;�:.w�--
<br /> , . :w::�'�s:.-���
<br /> • � FOR VALUABLE CONSIOHRATION,Includinp Lendor'a oxtenalor►of credit Identliled herein to �'� �f��'"'�°-°-�,::;:-
<br /> ��`�iiai•�c`�
<br /> •ad:ehi.v. �_
<br /> Bruo� Lav�llvur „ ��'�"�` '�''' �•
<br /> (hereln Borrower",whether one or more)and the trust herein created, ,,,,�� ,_
<br /> ' the receipt c}whioh ts hereby aaknowladped,Truator hereby irrevooab�y grants,transiera,oonveys and assigna to Truatee,IN �+�M. �����.�' ,�.
<br /> ' TRU9T,WITH POWER OF SALE,tor the benetit and aeourityof Lender,under and subJeatto the termaend oondlUons herelnatter eet � 'l,��_=_
<br /> torth,the real property,dasc►Ibed ae toilowa:
<br /> ;,�-_�.�',
<br /> . .. ' �"�+ -_
<br /> - � ' - LtfT 12, 80SSELtiRi� �ECOl10 St1BQIYISIQt:, AN ADDITION TO THF CITY OF __. _—
<br /> GRAND ISLAND. HALL COUNTY, NEBRASKA. ��--��-=
<br /> "-a�-.i.,.r;:.
<br /> � . Together with all bulldinps,improvemente,tlxtures,etreets,a��eys,passageways,easements,rlghts,privileges and appurte- '�=--;��'
<br /> nances Iooated thereon or in anywlee perteining thereto,and the renta,isaues and proflts,reversiona and remaindera thereof,and . '�;.f��
<br /> suoh pereonal property that is atfnohed to the improvements eo es to aonetitute a flxture,including,but not timited to.headng and • a:�
<br /> ; aooUng equipmen�and toyether with the homestead or marltei intereats,ft any,whioh intereats ere hereby released and waived;all �
<br /> of which,including rep�aceme�te and additions thoreto.is hereby deoiared to be a part ot the reat eatete eecured by the Nert ot this ' ;�'��
<br /> �.
<br /> Deed of Trust and ai�ot the torepoing being refer�ed to herein as the"Properly". '�""
<br /> This Deed oi Trust ehall seaure(a)the payment of the prinoipal sum and interest evldenced by a promissory note or credit ' , .`���,,�� `
<br /> . �'�ifru
<br /> _-:- : = a�raer.�ent tfated ' Karah ilth 1994 ,havin$a rs�aturlty dsts ot Maroh l lth 19'39 __ , - . ...,,�'",.�`�4�
<br /> in the orlginal prinolpal amount ot$ 28,020.50 ,and any and atl moditicetlons,extensions and renewals � ;� •:
<br /> thereof or thereto and any and all(uture advencea and readvances to 8orrower(or any of them It more than one) hereunder „ ,
<br /> pursuant to one or more promisaory notes or credlt agreemente(hereln aalled"Note'q;(b)the payment oi other aums advanced by
<br /> Lender to protect the eeaurity ot the Note;(c)the pertormanoe of&II eovenanta and agreements ot Truetor set torth herein;and(d�all '
<br /> present and tuture indebtedness and obligatlons of 8orrower(or any ot them it more than one)to Lender whether direct indirect, ' �
<br /> abaolute or condngent and whether arising by note,gueranty,overdraR or otherwise.The Note,thle Deed of Truet and eny and atl ,'r�';��
<br /> atherdoouentathatseauretheNoteorotherwiseexeautedinaonneatlontherewlth,fnoludingwithoutllmltaUo�guaranteea,security , p, r ;
<br /> agreements and asaignme�ts ot Ieases and rents,shalt be�eferred to herein es the"Loan Oocume�ts".
<br /> Truator covenenta and ag�ees with Lender as follows: ' � .��
<br /> t. P� m�n!of Ind�btedn�sf.AII indebtedneas seaured hereby shatl be peid when due. .
<br /> 2. Tit�s.Trustor is the owner ot the Property,has the�Ight and authority to convey the PropeRy,and warrenta thet the Ilen ' :
<br /> created hereby is a tirat end prior Ilen on the Property,except for Ilena and encumbrancea set 1oRh by Trustor in wr i t ing an d ' �;j,»
<br /> deilvered to Lender betore execuqon of thts Ceed oi Trust,and the executlon and de�lvery of this Doed of Truat doea not vlolate any -
<br /> contract or other obilgetion to which 7rustor ts subJec� >�����!
<br /> 3. Uxti,Auasm�nts.To pay betore de�lnquency all taxes,special assessments and aIi other chaiges agelnst the Property �
<br /> now or hereafter levled.
<br /> 4. Iraurenee.To keep the�roperty insured against damege by fire,heiards inCtuded wlthin thotorm"oxtended coversge",and � -_, - . -
<br /> such other hazards as Lender may requfre,In amounts and with companies acceptabie to Lender.naming Lender as an addltlonal �
<br /> named Insured,with losa payable to the Lender,In ceae of�oss under auch poticies,the Lender is autho•I�Pd to adJust collect and � �
<br /> compromise,all cialma thereunder and shai�have the optlon ot apptying all or pa�t ot the insurance proceeds(1)to any indebtedness � �• .
<br /> secured hereby and in such o�der as Lender may determine,(tl)to the Trustor to be used for the repek or reatoration oi the Property �
<br /> or(itN tor any othar purpose or oblect satlsfactory to Lender without aHeating the Uen ot thls Oeed of Trust for the tull amount secured ,
<br /> hereby betore such payment ever took piace.Any applicatlon ot proceeds to�ndeGteanass snall not extend or postpone the due �
<br /> date of eny payments under the Note,or cure eny defautt thereunder or hereunder.
<br /> b. E�erow.Upon written domand by Lender,Trustor shall pey to Lender,in such manner as Lender may deslg�ate,eufticient
<br /> sums toenable Lender to pay as they become due one or more of the tottowing:(t)atl taxes,assesaments and other charges agalnst
<br /> the Property,(fi)the premiums on the property insurance requlred hereunder,and(tlt)the premiuma on any moAgage Ineurance
<br /> requlred by Lender.
<br /> 8. Meint�nance� Repela and Comptianae wfth Law�. Trustor ehall keep the Property fn good condition and repalr;sha�i
<br /> promptly repair,or repiace any Improvemant whlch may be demaged or destroyed:ehall not commit or permlt any waste or
<br /> � deterloretlon of the Property;sha{I not remove,demotfsh or aubstantlally alter any ot the improvements on the Property;ahall not ,
<br /> commiL eutter or permit any act to be done In or upon the Propery fn vloiatlon ot any�aw,ordlnance,or regutation;and shall pay and
<br /> promptly disCharge at Trustar's east and expense eli Iiena,encumbrances and charges levfed,imposed or assesaed agalnst the ,
<br /> PropeNy o�any part thereot.
<br /> 7. Emin�n!Doma�n.Lender is hereby asslgned all compensatlon,awards,damagea end other payments or retlef(he�elnaRer
<br /> "Proceeds'7 in connectlon wlth condemnatlon or other tsking ot the Property or part thereot,or for conveyance in Ileu oi condemna-
<br /> � ; tion.Lender shall be entitled at tts optlon to commence,appear tn ana prosecuto�n�ta own name eny actfon o�proceedings,and
<br /> shal�elso be entitied to make any compromlae or settlement In connectfon w�th euch taking or damege.In the event anyportion of
<br /> r the Property la so taken or damaged,Lender ehail heva the optlon,In tte sote and obsoluto discretlon,to apply all such Proceeds,
<br /> __. .. ohor rladurtine therefrnm al�coafa and axnansas incurred 6v It In connectlon with suCh ProceBdB.u00n 8ny fnd8btedneSB eeCUfed
<br /> hereby and In such order as Lender may determfne,or to apply all auoh Proceede,after ouch deductions,to the restoratlon of tne
<br /> Property upon auch conditions es Lender may determine.Any appilcatlon ot Proceods to Indebted neas shai�not extend or postpone
<br /> ! the duedate o!any payments under the Note,or cure any detault thereunder or horounder.Any unapp��ed tunds ahall be paid to
<br /> ! ; Trustor.
<br /> �, , ;� S. P�dormance by Lender.Upon the occurrence ot an Event ol Oetautt horeunder,or It any ect Is feken or lepal proceeding
<br /> y . .. commenced whioh materia�ly aNecta Londer's Intereat tn the Property,Lvndor may tn Its own dtsaredon.but without obiigetion to do
<br /> � i � so,and without notice to o�d�mand upon Trustor end wlthout reieasing Truoto�trom uny ob�igntlon,do any act which Trustor has
<br /> � � - agreed but tafls to do and may also do any other act 1t deems necesonry to protoct tho socurly haeot.Truator shelt,Immedlateiy
<br /> upon demand theretor by Lender,pay to Lender e��costs and expensos inourrod nnd sums oxpendod by Lender In Connectlon with
<br /> , the exerclse by Lender of the toregoing rlghts,together with intereat thoroon at tho dofnutf rato pr�rlded In the Note,whlch shall be
<br /> added ro the indebtedness secured hereby. Lender shall not Incur any ifablitty bocoueo ot onylhfng It may do or omlt to do
<br /> , � hereunder.
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