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<br /> -- � `�+n"'��''��� OEED OF TRUST WITH FUTURE ADVANCEB �' 4`�10��2 =
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<br /> - D�: :+.,.,, < < THt3 DHED OF TRU8T,is mads ae of the 2�=d day oT �=ch , 9a O =__
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<br /> �'`'"` `"'��'�'; the Tn�amr, Keith 8arvey & Jolasee N. Hervey, husDand and wi fe _
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<br /> '' "''��ft�''•YL�`'� 4875 S. North isoad. Grand Island, NE 68803- 6 „ ..
<br /> •�.a�n.�'r��` '�, who�s mellinp addreu Is (h�r�QA� Trustor. wh�thsr ons or mor��
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<br /> :;.;:',; � ' ��.,{; 8ive Points 8ank a Nebraska GerForation - �r���� - - -
<br /> the Trusbe. � �,�°��
<br /> . ��;'�. � ..��' NE 68802 (hereln Trustee9.artd °��
<br /> �'� � ° " whoae mellinpaddreaefa.p•0• Box iS07. Orand Island, H � �;;�::_�__
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<br /> � , � the 8e�efiolary, ��va ein a 8 nk* n NAhrbaj�g„j�` ti nrs�t�en , _
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<br /> • , � whoae malling addresa is ZO15 N. Brosdvell Aveaue. Graad Islaad. NE 68802-1507 (ISerein"Lertder�. ---
<br /> FOH VALUABLE CON8IDERATION,iqotuding Lander's extension o!aredR Id�ndfled herein to !�A!* �a�eY & -__
<br /> y „ . T "' Jolene M. Harvey (herefn"Borrower",whether one or moro)and the trust herein oreated, �_-�.
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<br /> • the recelpt ot whloh is hereby aoknowledged,Trustor hereby irrevocably granta.bansters,conveys and assigns to 7ruatea,IN . '�•�=�:-
<br /> �' TRU3T,WITH POWER OF SALE,tor the benefltand aecurlty ot Lender,under and subJeot to the terms a�d conditiona herelneRer set _ -
<br /> "' � forth,the resi property,desaribad as follows: ° , --
<br /> ,�� Lot 1 S & H Subdivisioa, Hall County, Nebraska. ' ^ __ _ __
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<br /> � ., Together with ai�buildinge,improvemenls,fixtures,atreet8,alleys,paesageways,easements,righte, privilepes and eppurta- ' ,`. -}--
<br /> , nances Iooated thereon or In anywise pertalNng thereto,and the rente,iesues and proflte,reveralons and remainders thereot,end .���.'�.�"�"_
<br /> such pereonat properly that is attaohed to the Improvementa ao as to constitute a flxture,inaluding,but not Ilmited to,heaUng and • . r,��,;-
<br /> cooling equipmen�and together with the homestead or marital intarests,if any,which fntereste are hereby released and walved;ali '°;i�'�
<br /> " ot which,inaluding replaoementa and additions thereto,Is hereby deolared to bea pa�t of the real eatate seaured by the Ilen oi this � �`�
<br /> .. ' Deed ot Trust and ail ot the foregoing betng rei�rred to herein as the"Property". �;.R
<br /> This Deed of Trust ehall secure(a)the payrnent of the prinoipal aum and Intere�t evldenced by a promissory note or credit '�=' ,�-
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<br /> � _.. sgreemsnt�let�! March 23, 199k_.__ ,heving a maturity date ot Aarii 1 1999 , L __ '{'"'�
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<br /> � in the originat prinoipa��amount of 3�,5?00.�0 ,end any and all modliicatlone,extenstona and renewats f !
<br /> , � thereof or thereto and any and ali future adva�ces and readvances to Borrower(or eny of them if more than one) hereunder
<br /> . purauant to one or more promissory notes orcredlt agreements(hereln called"Note'q;(b)the paymant of other euma advanced by �'• �
<br /> Lende►to protect the seaurily of the Note;(c)tlie perlormance ot all�ovenants and egreements of Trustor set torth herein;and(d)ai� r� • •
<br /> present and future Indebtednesa and obligatbns ot Borrower(or any ot them it more then one)to Lender whether direct,indireat, ��•� �
<br /> ebsoiute or condngent and whether arlsing by note,gueranty,overdraR or otherwise.The Note,this Oeed at Trust and any and ali „ �
<br /> other doouents thet seoure the Note or otherwbe executed in connection therewltb.including without Iimltation guarentees,secudty �•�
<br /> •• agreements and assignments of leasea and rents,ahai�be reterred to herefn as the"Loan Documents". ;�._
<br /> Trustor covensnta and agrees with Lender as fo�iowa �°°�
<br /> 1. Paym�n!of irtd�bt�dna�.AII Indebtednesa secured heroby ahal�be pald when due. •
<br />- 2. Tid�.Trustor is the owner ot the Property,has the right and authority to convey the Property,and warranto that the Ilen � °
<br /> . a�: �
<br /> created hereby Is a firat and prior Ilen on the Proparty,except for Ilens gnd encumbrances set torth by Trustor in wridng and I �
<br /> � •� de8vered to Lender before exeaullon of thls Oeed otTruat,snd the executlon and delivery of thls Deed of Trust doea not viotate eny
<br /> contract or other obtigation to whioh Trustor�subJec� � ��� �
<br /> 3. Texta,Aa�ssm�nb.To pay before dellRquency aIt taxea,speclai asseasmenta and aU other cherges agalnst the Property ,
<br /> now o�hereaiter levied. �►
<br /> 4. Imurano�.To keep the Properly t�sured agelnst damage by tire,hezards Included withln the term"extended coverage",and �=��
<br /> such other hezards as Lender mey require,in amounts and wlth companfes acceptabte to Lender,naming Lender as an addltionai � ��.
<br /> named Insured,with loss p8yeb�e to the Lender. In Case ot loas und�r such policles,the lender Is authorized to adjust,Collect and I
<br /> compromise,ait Clatme�hereunder and shal l heve the optlon ot apptying all or pad of the Ineurance proceeda p)to any Indebtedness `r'
<br /> secured hereby end in such order as lender mey determine,(If)to the Trustor to be used tor the repetr or restoratlon of the Property I
<br /> or(ill)for any other purpose or object setfstacbry to Lender without aHecting the Ilen ot this Deed oi Trust for the tull amount secured I " �
<br /> . hereby betore such payment ever took ptace.A�y applicatlon ot proceeds to indebtedness enall not extend or poatpone the due i '
<br /> date of any payments under the Note,or cure a�y default thereunder or hereunder.
<br /> � b. E�orow.Upon written demand by Lerxle�.Trustor ahall pay to Lender,in auch menner as lender may designate,su}ficle�it
<br /> aums to enabie Lender to pay as they becomedue one or more of the tollowing:(q all taxea,assessmenta and other charges agalnst
<br /> the Property,(II)the premiums on the proporry insurance requfred hereunder,and(Nf)the premlums on any mortgege insurance .
<br /> requlred by Lender. � =
<br /> 8. Maint�nana�,R�pain and Compilance with Laws.Trustor ohall keep the Property In goad condltlon and repalr,shall •
<br /> � promptiy repair, or rep�ace any improvement which may be damaged or deatroyed;shail not commit or permit any waste or
<br /> � deterloraUOn of the Property;ahail not remove, demotish or subatentlaliy atter eny ot the Improvementa on the Property;ahali not
<br /> commit,aufter or permlt any act to be done tn or upon the Property In vtotatlon ot eny lew,ordfnance,or regulatlon;and ahall pay and
<br /> . promptty discharge at Trustor's coat and expense ali ifens,encumbrancea and cherges tevied.�mposed or asseased agalnst the
<br /> Property or any part thereot.
<br /> 7. Eminsnt Oomain.Lender Is hereby asalgned all compensatlon,awards.damages end other payments or reilef(hereinaker
<br /> "Proceeda")In connectlon wfth condemnation o�other takfng oi the Property or part thereot,or for conveyance In Ileu ot condemna-
<br /> Uon.Lender shelt be enUtled at Its optton to wmmence,appear in and prosecute in its own name any actlon or proceedings,and
<br /> ahall aiso be entitied to meke any compromlae or settiement In connectfon with such taking or damage.�n the event any portion ot .
<br /> the Property is so taken or damaged,Lendershatl heve the optfon,fn Its aote and absoiute dlacretlon,to epply all such Prxeeds,
<br /> ' . . aRerdeduCttng theretrom ail costs and expenaes Incurred by It In connectlon wlth such Proceeds,upon any Indebtednesa secured
<br /> � hereby and In such order as Lender may determine,or to apply alt such Proceeds,atter aucn aeauct�ons,to cne resioraaon oi me -
<br /> Property upon such condltlons as Lender meydetermine.Any appllcation of Proceeds to indebtedness ahatl not extend or postpone
<br /> � the due date of any payments under the Note,or cure any detault thereunder or hereunder.Any unapptled tunda shall be paid to
<br /> � ' Tru Bor.Pertormanas by Lender.Upon the occurrence of an Event ot Detault hereunder,or lt any act ls taken or legel proceeding �
<br /> ' �, commenced which materlal�y aHacts 4ender's Intereat fn the Property,Lender may In Its own dfscretlon,but wlthout obllgaUon to do
<br /> � ; so,and wlthout notice to or demand upon Trustor and wlthout releasing Truetor lrom any obllgatlon,do any act whfch Trustor has
<br /> ' � • agreed but tat�s to do and may also do any alher act it deems neceasary to protect the securlty hereot.Trustor shall,Immedfately
<br /> upon demand therefor by Lender,pay to Lsnder all coats and expenses incurred and sums expended by Lender In conneotlon wlth
<br /> the exerclse by Lendor ot the toregoing�Ighte.together wlth Interest thereon at the default rate provfded In the Note,which shall be
<br /> added to the tndebtedness secured hereby.�ender ahel4 not Ircur any Itabllly because ot anything it may do or omlt to do
<br /> ' hereu�der.
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