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<br /> . DEE�OF TR&!8T VUITH FtJTUAE ADdANCEB Q��w 1��� -- -_ ___
<br /> THIS OE�O OF TRUST',la mede as of 4he 31�t �y ot Har. ' ,�g_`K by�nd among =—
<br /> --1- � - the Tnrator, Curtio L 8with i Christint S�i�t► . huobanQ aad nite -___-- - - --
<br /> � cnr4,,.--`
<br /> � , - 1883 M 9th SL Gr�ad ialand li� 68882•�13 1����;='�_-- -
<br /> ' n ' whone malling addreas la (horoln"Trustor,"whMher one or moro). ---
<br /> � —t27vr2n-•
<br /> '.. � .- tha Truetee, Five PoinL* 9ank• a ltabr�eica Corporati.on � :�;��_�_�--�—� °
<br /> ` � P 0. �ox 13s7 tiraad Ieland, IiE 6�802 — °L:;w _
<br /> • �'.^7Y'.ry: �.�r.(iCra-�:_
<br /> .. . whose mellirtp edd�esa is (herein"Truatee'�,and . .,�' F�f` z��;_
<br /> ;:� •�•.
<br /> ... FivQ Poia4e 8v�tk ' -_ '=�a��ti��'.::
<br /> the Beneflalary. � , :,•;�..::'
<br /> whoae malUrtg address is �1� H' �'O°drell tirand Ielend. N�. 68802-15�07 (hereln"Lender'�. '' � . -
<br /> C�na�B�le L Ssith .
<br /> FOR VALUABLE CONSIDERATION,ErtctudiRg Lortder's extensto�c4 credtt Identi8ed herein to
<br /> b Chrietiine 8witR► (hor�in"�arro�neP',whether one or morq��d 4n�4►ust Pe�r�?n cre��. x
<br /> tRO e�eetpt ot whteh is heP�by aekv�owtodgxd,TPUStor h�eo�y iPCevoeaDry grants,hansiere,eonvoy�and asslgna¢o�e�csbae.tN ,
<br /> TPiUST,WITS9�OWER Of SALE,for the�en�t and securi4y o4 Lendoe,undor and subject W the terms artd condidons hareinsfYae a�3 . .••,.�.•;��
<br /> foM.the re�E�r�arty.descrlbed a8 followa ,',1:�:
<br /> •,��vt�:u^~. -`
<br /> �OT NINETEEN (19) , SAODLE CLUB SUBDI�'1�ION� IN HALL C4IUNTY. NEBRASKA ' � �"��"`""'���`
<br /> . .;�;��` r��—
<br /> �:.,:i:�`' . , • :.,.� : :
<br /> ,� Together with all buildings,improvemente,flxturea,atreets,aliey�.aaassageways,easements,ri�fi18,priviiagea and appu�- �, •
<br /> ':�i'�:;�::�:;,: nances Ioceted thereon or in anywise pe+taioing thereto,and the renis,►saues and pr�flta,reversions and remafnders fhereo9,ao�d ` '�' -
<br /> iS;�;j.:[. . . C.; L. -
<br /> �..,., such personal property that Is attached W the improvements so as to constltute a flxture,including,but not Ilmited to,heating and t :,,� , ..
<br /> � cooling 9quipmenfi and together with the homestead or maritai Interests,if any,which intereats are hereby releasad�nd waivod-ell . � t•,
<br /> of wMch,including replacementa and additlons thereto,is hereby dectared to be a part of the reat estate secured by the Oen ot this � � �
<br /> � ' Deed of Trust end e�l of the toregoing being reterred to herain as the"Properry". � ---
<br /> � ��;i �
<br /> ;�;�: ri�
<br /> , ,' + —
<br /> '.,•';::: Thia Deed of Trust ahalt secure(a)the payment of the principal sum and intereat evidenced b�a promissory�ote or cuedft •. `'�'�" �.
<br /> :r�ij � h
<br /> '�,�... _- agrav���8rd data�i 3.��;J�3, ?f�/4 q�3 j 31 14 4,hau�ng a msiurE�dBtQ e! June S�th 1994 , ---- ' "
<br /> �,,;T. ,.
<br /> `'��' 40.000.00 . .�,;.�:
<br /> ` in the original princlpat emount ot$ ,and any and alt modiflcations,extensions and renewals ' '
<br /> ��'' �� °�'•�: f or rhereto and an and eli futu�e advances and readvances to 9orrowar(or any ot them 19 more than one)hereunder ,. tl� � �
<br /> . ...�y�.. thereo Y ,.:
<br /> 'k�,,..
<br /> �;�,;., pursuant to one or more promissory notes or credit agreementa(herein cafted"Note'�;(b)the paymernc at other sums advanced by ,'.5�,�':t.�
<br /> , u �ender to protect the security of the Note;(c)the pertormance of ait covenanta and agreementa of Trustor set torth herein;and(d�alf ••�Vt;;, ,
<br /> :..•�,a:
<br /> ,,�;�r, �f�t� present and tuture indebtednesa and obiigadons ot Borrower(or any of them!t more then one)to Lender whether direct,indirm�t, I
<br /> • absotute or condngent and whether a�ising by note,guaranty,overdrett or otherwise.The Note,thfs Deed of Truat and any and ati r S��'s.
<br /> ��'��'� •••<' . r� pther dxuents that secure the Note or otherwlse executed in connecUon therewith,tnc�uding without limiffitlon guarantees,securfty .��•
<br /> '.,i�' agreements and a8signments ot Ieases and rents,shalt be reterred to herein as the"Loan Oocuments". .�.< �
<br /> ,''��•:-� Trustor covenanta and agrees with Lender as followa: � .
<br /> ��'�t�: 1. Paytnent of tnd�btodneq.All indebtedness secured hereby shall be paid when duo. {
<br /> 2.Tttle.Trustor is the owner of the Property,has the right and authority to convey the Properry,and warranta that the tien `'
<br /> ' � cceated hereby is a flrst and prior Ilen on the Property,except for Ilens and encumbrances set forth by Trustor in wriUng and ','�'� _, � " �,,%
<br /> tl�livered to Lender betore executlon of thls Deed of Trust,and the execution and deiivery of this Deed oi Trust does not violate any 'j;,',•� �
<br /> conNact or other obiigatlon to whioh Trustor Is subject ' � �<��"
<br /> `�'`�,� 3.Taxas,Aaoe�smon4s.To pay beforo d�linquency all texes,special assessments and all mYh�r�harges agafnst the Property '��� ��� ,:�"�j„
<br /> � �E �.� now or herea9ter levled.
<br /> '�����' 4.Insu►sncs.To keep the Property lnaured against damage by flre.hazards included within the term"extended coverage",and � ,�:��� �t„'�'� .
<br /> ,f:,. � such other hazarda as Lender may require,In amounts and with companies acceptable to Lendar,naming Lender as an addNionai '
<br /> ;, • named Insured,with loss payable to the Lender.In case of toss under auch poiicles,the Lender is authorized to adjust,collect and � •
<br /> ?`.��� compromise,all ctaims thereunder and shail have the option oi applying ai�or part of the insurance proceeds(1)to any indebtedness "
<br /> `� �! secured hereby and in such order as Lender may determine,(tl)to the 7rustor to be used for the repair or restoradon of the Properry ' �
<br /> �. ' ;;���,'.�.� or(ifl)tor any ot�et purpose or obJect satfsfactory to Lender without affecting the ilen of this Deed ot Trust for the full amourtt secured � �
<br /> � hereby botora such payment ever took place.Any appllcatlon of proceeds to Indebtednes.s ahau not axtend or postpone the due , .
<br /> - �.; � � �tate of any payments under the Note,or cure any detault ihereunder or hereunder
<br /> - �� � � 5.Escroar.Upon written demand by Lender,Trustor ahali pay to Lender,in sucn manner as lender mey designate,suNicient
<br /> ,� '`� ,.�,,. sums to enable Lender to pay as they become due one or more of the totlowing:(1)all taxes.assesaments and other charges against
<br /> the Property,(II)the premiums on the property Insurance required he�evnder,and(iif)the prem�ums on any mortgage Insurance
<br /> . required by Lender. •
<br /> ���;• g.Maintenance,Repairs and Compli�aaee with Laws. Trustor shalt keep the Property in goos! condltion and repafr,shali '
<br /> prompUy repalr, or replace any Improvement which may be damaged or destroyed:shail not commit or permit any waste or , •
<br /> i� �leterioraUon of the Property:shall�ot remove,demolish or substantially alter any ot tra improvemenfs on the Property;shail not
<br /> .� i �ommit,suHer or permit any act to be done in or upon the Property in violation of any faw,ordinance,or regulation;and shait pay and '
<br /> ;i- ,. promptly disehange at Trustor's cost artd expense all Ifena,encumbrances and charges ievied,imposed or assessed against 1Y:e .
<br /> Properry or�oey flart thereoi. �
<br /> ' i� 7, Emlr��e�4�omein.Lender is he�e�y assigned ali compensation aw�•�s,damagea ard ot!^e�Aayment3 or teti8f(h6reingPt?r
<br /> , ' � . "Praceeda"}in connecUon wdh condemrta:con or other tak�ng of the Properry or part fhereof,av for�p�veyance in Iie�of condemn8- , '
<br /> ' �on.Lender shail be entitl�d at its option to commence,appear in and prosecute I��*.s ow�mame any actfon or peaceedings,and
<br /> sRatt also be enNUed to rrt�I«any compromise or settlement in connection wfth sucr 2�K,�g or damage.in the e�ent any portion of
<br /> the Property is so teken av damaged.lender shali have the option,in its sote and abso�ute discreUon,to apply all such Proceeds.
<br /> atrar deductlna therefrom aIf costs and�xpenses incurred bv it in conrtectimn w�th such Proceeds,upon any indebtedneas secured
<br /> hereby and in such order as Lender may determine,or to apply atl s�ch P�aceeds.after such deductions,to the restoradon of t�e
<br /> Property upon such condi4ions as Lender may determine.Any applicauon af Proce�ds to indebL.�dRess shal�not extend or postpone
<br /> r,`�e due datR oi any paym�s�t5 under the Note,or cur0 8ny default ther�urtdor or herQUnder.Any un8pplied funds shall be paid to
<br /> Trustor.
<br /> 8.PaAormartce by Lc�der.Upon the occurrence oi an Event ot Qefault horQUndor.or if any act Is taken or�egal procesding
<br /> Commanced which materially attects Lender's Interest fn the Propeny.Lender may�n�ts own d�screaon,but withou!obllgatlon Uo Qo
<br /> so,and wtii�out notice to or demand upon Trustor and without releasing Truator from any obliganon,do any act which Trustor nas
<br /> agrc3eQ but fiails to do and may also do any other act It deems necesaery to protect the secunry hereof.T�ustor ahall,immediabely
<br /> upon Cemand therefo�by Lender,pay to Lender alI costa and expenses incurred and sums expanded by Lender in connecUon with
<br /> tne exerclse by lendet o}the toregotng rlghts,together with tnterest thereon at the default rate provlded in the Note,which shatl be
<br /> added to the Indebtednesa secured hereby. Lender shalf not incur any �iability because of anything it may do or omft to do
<br /> hereunder.
<br /> I �
<br /> _____t
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