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��_f _ �� . . <br /> �::. �' - <br /> ,�+.. , w � �. , ' - <br /> f=.�-.' :`� <br /> , • � .�..a,: <br /> ' �: ; , , _«� �.�.. �. � .,;;._ - <br /> . . ..,.,��..,.. ... ,. - - - - <br /> . . � . <br /> , , , _ <br /> _ ..-- - __��.,. .�.�,..�_.__...�__.�. . .. - <br /> ,�� ..._,. � .--_----- --- <br /> � ��� <br />_ � '�'� { DI:ED OR TRUST WITp F�JTIURE ADVANCEB `94'` 1Q�;,�'� <br />- �!�'�•::...:""r;;� "—''==_-�. <br />� � �•�:�:x' �'��' THIB OE�D OF TRU81',b mads a�of the r��..h_.day of ��_• .18_�.by and amo�p <br /> , � ,�"-�.�i� the Trustor� tar� � Sl�u�� �. C�tpt J gE�u�� � h.�b nd and rii� _ � <br /> .-. <br /> ^f .. v�hoae maliinp addras Is 3��� M B�ohtNn St Gru�d I�load�hereln"T►u�r,�'�ei��+�'or more), <br /> r. '' .'.'"ti ' �...J', a Y�6ra�k� Cerpnra4iea � �. <br /> - ° `*2;;` .•r . ..,�:� ths T►uste@� Fiv� Pninte B�eEt. L_YU- -- <br /> • � whose malllnp address IB p'�' �x 1307 Gr�ad Irlaad� NE 68802 (hereln"Truetee'9,and ==' <br /> ��-.. <br /> . „ . the Bsnefiaiary, Piv� Poiats Bank . "`° <br /> ry <br /> {�`''-= <br /> � • „ � whoae malling add�eas fe ZO�s H• Bro�d��ll Grand I�lutd, ti6_. 68802-iS07 (herein"Lender•7. �:�� <br /> ' FOR VALUABLE CON8IDERATION,inaluding Lender's extenelon ot aredit idendtled heroin tl;��� A St�uss �s;;- <br />/ b Corol J 8tauas (hereln"Borrower",whether one or more�and the truat heretn oreated, � r,?�.-- <br /> �5.,_ <br /> � the receipt oi which Is hereby aoknowiedged,Trustor hereby Irrevoaably grante, tranafere,conveys and assigns to Trustee,IN a;,�r,_, <br /> TRUST,WRH POWER Of 8ALE,tor the beneflt and seourity oi Lender,under and eubJeotto the termsand condlNons heralnaiter set ���-=� <br /> �,. <br /> forth the r�a1 pro�e�y desaribed as toitowa "'`-= <br /> � ' ' I.O�Y' FIYE t5� I�i MESTNOOD PARK SECOHD SUBDIVISIO1t TO THE CITH OF GRAND ISLAHD, ;' r�'"; -- <br /> - ------'-.'"-- iiAi.i. �uuttt i� w�annas►i� - -.— — <br /> . , ' -•"`-c= <br /> i '„ r" <br /> � Together with all bulldiogs,improvemente,flxturea,eueets,aileys,paesageways,easements,rlphte,pnvileges and appurte- -���;T_ <br /> nanaes looated thereo�or In anywise pertafning thereto,and We renta,leaues and proflts.reversions and remaindera thereot,and • ,�.-��_ <br /> auch personal property that is attached to the improvements eo as to constitute a fixture,inoluding,but not ilmited to,heating and ° ,,;�-•�-_ <br /> ° cooting equipmen�and together wlth the homestead or maritat interests,if any,which Interesta are hereby reieased and waived;alt -"-='—� <br /> of whfoh,fnctuding reptacement�and addttlons thereto,ia hereby deaiared to be a part of the reai eatate eeoured by the Ilen of this ,�,��_=—� <br /> „ Deed of Trust and all of the toregoing being referred to hereln as the"P►operly". _ .±�;�.��=- <br /> . This Deed ot Trust shall seoure(a)the payment ot the prinolpai sum and interest evidenaed by a promissory note or oredit „ ., �_�#=`�,..�. <br /> ' - � - «. a n�a� 1nn• . _� J���o �Ath 1994 ' ..���-. <br /> _ .--=-------= agrssment�atsa *,���}� J44�� JJti ��IN�Illlls. A II�0�Y11\r YOW V� �-' _ ____' ' <br /> in the orlginal principal amount oi� �g•000.00 , and any end aIi moditicaUons,extensions and renewats , <br /> " thereof or thereto and any and a�l tuture advances and readvances to 8orrower(or any ot them Ii more than one)hereunder ..,':r�.�• <br /> pursuant to one or more promissory notes or oredlt agreementa(hereln calied'Note'�;@)the payment of other eums advanced by <br /> Lender to protect the security of the Nate;(c)the performance oi all covenants and agreemente ot Trustor set torth herein;and(d)elt i� �� j <br /> present and tuture indebtedneas and obligaUona oi 8orrower(or any of them it more than one)to lender whether direct,indirect, <br /> absotute or contingent and whether arising by note,gueranty,overdraft or otherwise.The Note,this Oeed of Trust and any and all �'•r;,:' <br /> other docuents that eeoure the Note or otherwise exeouted In connectlon therewith,inciuding without Ilmitedon guaranteea,seourity „ -►``�� <br /> agreements and assignments of Ieases and renta,shali be reterred to herein as the"Loan Doauments". �'�� <br /> . Truator covenants and agreea with Lender as foliows: ' <br /> � t. Payment oi�ndebtsdnea.AII indebtedness seoured hereby ahalt be pald when due. ,,�, <br /> 2.TRI�.Trustor Is the owner of the Property,has the right and authority to convey the Property,and warranta that the Iien . <br />- created hereby is a tirst and prlor Ifen on the Property,except tor Ilens and encumbrancea aet forth by Truator fn wridng and . �� :���� <br /> delivered to Lender betore execution ot this Deed of Trust,and the execution and delivery of this Deed of Trust does not vlotete any •�-� <br /> contract or other obllgaUon to whtch Trustor is subJect �'�`�' <br /> 3.Taxss,A�um�nt�.To pay betore deifnquency all taxes,epeclat asaessmenta and a�l other chargea agafnat the Ptoperty <br /> � ° now or horaattor lovlad. - <br /> 4. Insurance.7o keep the Property insured agatnst damage 4y tire,hazards included withfn the term"extended coverage",and � � <br /> suah other hazards as Lender may requlre,In amounts and wlth companiea acceptable to Lender,naming Lender as an additlonal i . <br /> � named Insured,with�oss payabte to the Lender.�n case oi loss under euch poiicies,the Lender Is authorized to adJust,collect and I <br /> compromise.ali ctalms thereunder and shai�have the optlon of epplying att or part of the Insurance proceeds(i)to any Indebtedneas i <br /> aecured hereby and In such order as Lender may determine,(4)to the Trustor to be used for the repafr or restoration ot the Property <br /> or(ill)tor any other purpoae or object satiafactory to Lender without aNectf�g the�len ot thls Deed oi Trust tor the tull emount seeured � <br /> hereby before such payment ever took piace.Any appltcetion of proceeda to indebtedneas shali not extend or poetpone the due � . <br /> date of any payments under the Note,or cure any default thareunder or hereunder, <br /> S. E�aeow.Upon written demand by Lender,Trustor ahail pay to Lender,in auch manner as Lender may designate,suHicient <br /> suma to enable Lende�to pay as they become due one or more ot the tollowing:(I)att taxea,assessments and other charges�gainst <br /> the Property,(fi)the premiums on the property insurance requfred hereunder,and(Itl)the premluma on any mortgage Insurance , <br /> requlred by Lender. � <br /> 8. Maint�nane�, Repaln and Comptiance with law�. Truator ahatl keep the Property fn good condltlon and repafr,eha�i <br /> � prompUy repalr,or repiace any fmprovement which may be damaged or destroyed;shalt not commit or permlt any waste or <br /> ' ' deterloration ot the Property;shall not remove,demotiah or substantielly alter any ot the Improvements on the Properry;shatl�ot <br /> commit,sutfer or permit any act to be done In or upon the Property In vlolatlon of any�aw,ordlnance,or regulatlon;and ahalt pay and , <br /> promptiy discharge st Trustor's cost and expense all Ilens,encumbrences and charges levled,imposed or asseased agafnst the <br /> Property or any pad thereof. <br /> 7. Emi�tnt Domain.Lender Is hereby assigned all compeneatlon,awards,damagea and other payments or reilei(herelnefter <br /> "Proceeds"y In connection wlth condemnatlon or other taking of the Propeny or pert thereot,or tor conveyance In Iieu of condemna- <br /> Uon.Lender shall be entlUed at Its optlon to commence,appear in and prosecute in Its own name any acUOn or proceedings,and <br /> shali a18o be entltled to make any compromise or settlement tn connectlon with such taki�g or damage.In the event any portlon of <br /> • � , the Property Is so teken or damaged.Lender shall have the optfon,fn Its soie and abaolute discretion,to appiy aIi auch Proceeds, <br /> �` J akar daductlnn theratrom al�coata and exnenses Incurred bY It in connectlon wfth such Proceede,upon any indebtedness secured <br /> �� hereby and in such order as Lender may determfne,or to appiy all such Proceeds,after such deductlons,to me reatorat�on ot cne <br /> . � Property upon auch co�dltions as Lender mey determine.Any appllcaUon of Proceeda to Indebtedneas ahali not extend or postpone <br /> `� ttte due d9te ot any payrovnln w�Jv� it�e Note,or cure any detault theroundGr cr hereunder.Any unapplled tunds shail be peid to <br /> _ ' l Trustor. <br /> I 8. P�rtotmano�by L�ndsr.Upon the occurrence of an Event ot Defeutt hereunder,or tt any act is taken or tepai proceedfng <br /> 's ` �� commenced which materlally aHecta Lender's tntereat In the Property,Lender may in ita own discrotion,but wfthout obllgatlon to do <br /> ' eo,and wlthout notice to or demand upon Trustor and without releasing Trustor irom any ob�igetlon.do any act which Trustor has <br /> � agreed but fails to do and may atso do any other act it deems necessary to protect the security hereot.Trustor shail,Immedlatety <br /> upon demand the�eto�by Lender,pay to Lender a�i costs and expenses Incurred and sums expended by Lender fn connectlon with <br /> � ,` the exercise by Lender of the torepoing rights,togother with tntereat thereon at the detauit rate provlded In the Note,whlch shelt be <br /> added to the indebtedness secured hereby. Lender shali not Incur any itablllty because of anything it may do or omit to do <br /> , <br /> • hereunder. <br /> � � <br />