|
_ . _--�__._.� .� - -- .�..�____ . —�' -
<br /> ,..�� ._
<br /> -.-r-- -JY. •�°- �':`<u.���T:`;:��:ci�� - '�y�;T�4,''ra. o�"�! "'-�''F�?.7�"�f'r' ,'.9�`�`. "i*'H�":' �fi.s•..,/•`�i:%:*:�.. ... .._ �{s)i}�'lF°k13..AS'i�'1'�ry-:� ,.+..�.,,5?ii'G�:} _.
<br /> �-�,'Ailtljl`�'^ ,-�i,f':;� ,h .,� .? t�� d•i�.�,±,.��;. ��+.. .�,)yi?}'sSiy;_� �,.c. -a;�� :L � .4�° ,.�(�.1c;,I.J: i.C}'� �'l'l�3i ��'_r. °:i.- , ;�r..y��.�k�:�•,,.,!Sr�.� /1 +,_-��.Z�"�.::
<br /> ,Sr!'S.,,,'i��., ,� ��t, ,.�:<c-.v��. f 37�j' �}%'�'.�j r�'{�;''`4} .,� t r I;y �., -t '"� ,k.,r .L:�• ..�.{ �+�
<br /> R � ,ln '4` `!. Y 'i: J.a�.:.A�' Jc.4�..Y11. �. .�.�.4,�k1:,; �i% �.�� �- ti i l���si}"6 . ���%�lit;:���c`;e.� �'�+ {3"5`'11'i&h;'.:;
<br /> � 9
<br /> ,r.,-, . .�
<br /> r. / ".2f�' is� !� `�?2 t" 3 G r -��n-,�q .Y,�.� .r,t
<br /> .�.. � .�, ,. t�( { (
<br /> �.t 7l`�i i 1�'i��' , i}'fl� � 1:� }�.f��� �L=^} ��.1 nr• •Y �,; .1�.,j• � E�f+�.- y(� -. , �,.
<br /> .L ?' "+�,� '-t„�'ti�.i.l)Ei � J�;.:.}r. -�`��.P,ti....''�� r Yi.�:' � •� �k.}L � 9iv':.:}.���.�"� . . �^"v,�+�^iX'_� � S}y n3�54t � . .r. _-
<br /> _ '� {�,5� P;6. - ��l' �• C . 4.�y,. +'�"Y9�� �-��� f �.'.�f? 1 ,f 9. ��� � �_'•' �' � � " `,�r'Lfk���� ��� r�•:
<br /> -�f't��=��t�i` P����Sf��'1i���i�);1 ::f , 'Sr.:P�1�'� � fP�9S � 1 +TV . M..Mb�yt�F�Nd�j]{�Gr A5+Y5�Yt1A�} r�4 L •---
<br /> ! 4, s ,� �i} ! ..t / v:; { i�t_! n 3��3; ��.q.n.......«.�.., M �...4� 1 . .
<br /> °' "'�IIF".'�'c4�'�'.��
<br /> 1+ Yf J 41 i 1!�• F �T'�i : •� : wU',CN/D..:�v�srer: 'in�. . ii�diu ,WnxMtrl,�ru•;... r...u.sirw.r�.�...... �;�5'• T�__,
<br /> '��Fsl[if��rt' r..i4c �M .�.� YN+rre.'tiY�.-w.e»r�•rr. . a.:..r I�� �� `� _�. r......
<br /> -- . , .. �"':",-�*d..:;r:.:+" .. .- .
<br /> �� : 1 . .. ... � , - • �. a�1._`'-'-__.
<br /> � I � ^�'•�i��s�:,,..�
<br /> ;. , • • .
<br /> ; •_ �..._ :., � --- � ,_,.��.,
<br /> � ... __.��.���..�....�..r....�r-.r�.._u..��-�.....�...1.�...v.....�i�_...�......�.�............�r�.u�...�.��....�...L�wrr.rw � . ........ _ __ _ _ _--'
<br /> ' - r°°-°- ..
<br /> ::. ;:�;�,.�:�;��;�,��; � 94 �����`�
<br /> �
<br /> . , . :._, �. -
<br /> " 3. Z�IA�AN� B�PS►sB$,. Tzuetor ehail m�intaia fsre and oxteadod '�''"~�
<br /> .� . , 'K �S-�7C�}'.','�.•"_�
<br /> � ������•��'. aovarage innureusao insuriag the imgrovemente anfl buiidiago aoaetitaeiae� �art oP ��' • -
<br /> ' the Truet aetate for a8 amount at ieaet 801r o! eho reglacement value n! ehe '���°=�"`°"`�`---
<br /> `��'•'�� � '. buiidiage on ehe renl ee�ato. insurenae on Buiidir►g No. 1 ehall bo in the amount �,�_�,�q7�. -,U_.
<br /> n . �..�T:`:h..."i:.Wl.'��:_'_.
<br /> of rsot loan thcui �135,090.00 c�ith looa oY rflntcs covarago oP $10,200.40 j Building ,.;.... .
<br /> � ' Dto. 2 ehaii have iaeuranae aoveza o ia the amourit of not le�s thers $38,000.00 ��-V'��'"'"""
<br /> �.•u�,�----——-
<br /> . S ;�.;��::._ .
<br /> with loae of renta coverage og $1,800.00. Suah iaourence policy shnil contein �..�.,,��,`�;°_�
<br /> _ =� . . a standard mortge�ga alauee in favos o� Beaegiesi8ry sn8 �hall noC be esanaellabla. •.;r•..;„,,:.�.;:.
<br /> � • texmi.nable, or modiPiabie without ten (10) daya prior uritten notice to �;1.'+��,���",,
<br /> ' � Beneficiary. Trustor ehail prosaptly repair, maintain end repZaae the Truet � :.�s r•�:s�`•` :'
<br /> �� " Setate or any part thereof eo that, except for or8inary wear and tear, the Truet f ::.,;;;:�;�,%�'
<br /> ` Satate ahall not deteriorate. in ao event ehall the Trustor commit vaate on or � � .
<br /> • . to the Trilet BetBte. , • ''_�'''
<br /> . `:, ,�.�µ
<br /> ; .. ',�...,�
<br /> „ En addition to casu�alty fneurance, 7Crus�or ah�ll �rovide and pay the �`� " "�';��'�'
<br /> �pxe�u.*n� on comprehensive 3iamility ineuxance covoxang the ps�miaea and ;.. '. '.°r'..-,
<br /> �ro�ec�ina� �he Seneficiar�► �� Truetor gscn► all elaams, doaneanda, las�suits, en@ ��:�'•'�"`..
<br /> juflgmarats aaxising out of injury to ges�e�as os �a�ag� �o psoperty occuarir�g an the , . ..�.,`,�,�' �'
<br /> �!Vl:-. ,n�.-..
<br /> � , �saperty. The coverage shall ha in arn aaQOwet of aaot leas than Si,00�,�00 samgle �::���- �.Yq�-
<br /> ; ; limat for bodily injury aaid 8roperty damsg�. Tta� liak�ility irnousance and .. - . �'.'..-
<br /> . •�;:���M-y
<br /> casualty ineuza�sce may be pr�ared in a $ingle palicy or may 3�e o��ained in " ,,_,�J�;°'
<br /> ' eeparate policies. In any avernt, such policy os �ol3caes s3aa11 nae�ra �on�ficiary , �-;�r�°;
<br /> and Tr�netox �e insureds as tIlaeix intereste may apgeax; and T�e BquitaIl�l¢ Building . � •. .._; � �`
<br /> ;.•.
<br /> � and Loan A�sociation of arand Zaland ehall be nscned ae am a¢lditional loss paycao �`,�� ., ��•••�'�='��,�� �
<br /> Y
<br /> oz�Suidling No. 2. Heneficiary ehall ba p�rovided mith a Cer�ificate of insuranco '��'�(��ii�:.;.;.;,.;:� �, �„
<br /> '.i,-..;;;�•j�°�� or duplicate copy �hc�ving the insurarnc� to be in full force and effect at all ��+��t�;�j�-;t�';, ��
<br /> :� times during the tesm of thia Dead of Tn-n�et. ° �
<br /> • �� -_ .
<br /> 4. 11,'.:TION3 AFFRCTZNCi TRUST &S�h�TB. Tsuo�or shall appear in and contest � d��
<br /> � . any actiorn e�r proceedfng purporting to af£ect th� security hereof or the rights
<br /> or owers o# Beneficia or Trustee, �nd ahall a all coats and e � ' �' '
<br /> P Y'Y � P Y xpeneea, ���M�,,
<br /> including cost of evidence o£ title zucd attorney s fees, in any such action or ,
<br /> - � � � proceedinc� za� whicti Beneraciaay or Tsvetee may appear. shoul8 Truator fail to -. •
<br /> make any pa}m:ent or to da �ny act as and in the manner provided in any of the � ��� i ��'
<br /> • � Loan iradtram►erate, Benoficia�y and/or Truetee, each in its own discretion, without ,�`,�;.:.y �'�
<br /> ��;;�,!�.t; obligat�o�, may rr.�2t¢ �r do the eame in such manrser and to such extent as either ".,,;: .,,•. �„s't '
<br /> �'..
<br /> ;.F�.�ty�:;;:,., m.ay de�m n�c�s�ary to protect the security hereoE. Trustor ahall, immediately ,-�?���!'�•;'��f�' �,�
<br /> ;;.; v�on decnaca� ther�for by Beneficiary, pay all coats and expeneee incurred by �>';<<?;� � s.,
<br /> �'�''' Benefiaia�sy in connection with the exercise hy Bene£iciary o£ the foregofng �'•':'' ' t��'"1
<br /> ' • rights, i.ncluding, without limitation, costa of evidence of title, court costa, ��'�f� •
<br /> appraisale, surveys and attorney'e feea. Any such aosts and expenses not paid ;��
<br /> within ten (10) days of written demand ahali draw interest at the default rate �` M
<br /> •, . provide8 in the Note. � •
<br /> ��• 5. �MINBNT DoMAIN. 3hould the Trust Betate, or any part thereof or t � '1.Y��
<br /> . fnterest th�rein, be taken or damaged by reason of any public improvement or � �,:'-�''�":,�
<br /> condemnation proceeding, or in any other manner including deed in lieu of � �%, �:''•,�1:;
<br /> � "� Condemnation ("Condemnation^f, or should Truetor receive any notfce or other ._ •
<br /> :"'',:,�� � information regarding euch proceeding, Trustor ehall give prompt written notiae � • + � :�,,:', '
<br /> • :;_, thereof to Seneficiary. Beneficiary eha11 be entitled to all compensation awarde � "�S"�, i .":`' , ,
<br /> � and other payments or relief therefor, and shall be entitled to make any ' . • -
<br /> compromiee or settlement in connection with such taking or damage. All such � .,
<br /> compeneation, awarde, damages, righCs of action and proceeda awarded to Trustor � '
<br /> (the "Proceeds"> are hereby aesigned to Beneficiary; and Trustor agrees to � • �
<br /> execute auch further asaignmenta of the Proceeds as Beneficiazy or Trustee may ' ' .. .
<br /> require. � ,';��.:
<br /> 6. �PpOiNTl�93NT OF SUC�ESSOR TRUSTfiB. Beneficiazy may, from time to time, � �
<br /> , . by a written inatrument executed and acknowledged by Beneficiary, mailed to �
<br /> , � Trustor and recorded i.n the County in which the Trust Hstate is located and by i • '
<br /> ! otherwi.se complying with the proviaions of the applicable law of the State of ( ,
<br /> , , Nebraska eubatitute a succesaoz or succesaore to the Truatee named herein or �. '
<br /> acting hereunder.
<br /> I
<br /> ' + 7. SUCC6SSORS AND ASSIGNS. This Deed of Trust applies to, inures to the
<br /> � benefit of and binde all parties hereto, their heirs, legatees, devisees,
<br /> personal represenCativea, successors and aseigns. The term "Beneficiary" shall
<br /> `�� , mean the owner and holder of the Note, whether or not named as Beneficiary
<br /> � ., herein.
<br /> � 8. �}�1SP8CTIONS. Seneficiary, or her ageats, representativee or workmen,
<br /> __._. ._ . . .. _ are authorfzed to eater at anv reaeonable time unon or in anv narr �f rha �rr��ar
<br /> 8state for the purpose of inapecting the same and for the purpose of performing
<br /> any of the acts she is authorized to perfoxm under the terms of any of the Loan
<br /> Znstruments.
<br /> 9. SVFNTS OS DsFAULT. Any of the follcs�wing events ahall be deemed an
<br /> x . . event of default hereunder:
<br /> � (a) Trustor ahall have failed to caak� payment of any installment of
<br /> principal and interest or any other sum secured �ereby when due for a period of
<br /> 2
<br /> �_ .
<br /> i
<br /> ; - -�
<br />
|