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<br /> ., .'.��.,,..:.:��,?� ACKNAWLEDAElIAE[�3' O�DELb AP T'RUST p g��C�CD1 -_.--__----
<br /> ' TRUSYOFi RE110 TNIS a�FORE SIt�NING: 9� �:���"```��`�'"--
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<br /> �'`• • � Tn�stc�unE�nt�ds th�t th�doaumant th�t Truttor ie abwt to�xwut�M a OeeE oi Tn�tt end not�n�oRpeps end thet the power -
<br /> -�-- -� �- ot sate provld�d fot in thr D«d o!Tnst ptuYiu'a��ub�tdst�!!Y dHterant rights wnd obtlg�tlon�te T�uetar than s moKpege tn ti�e svont o! �_ ____ ________
<br /> � �defauft w 6rwch nf obllaa4ion undw ths O�ed of Tatt,tneludinp.bue nnt Um!!�d to,th�L�der'o ripht to heva tMe Property eaid by th� __--__--
<br /> •� TNttN WhMout any Judioi�!proo�edinp.T�+Kor nprm�nt�snd wsttanb th�t thb�okflowbdpanent wu oxewted hy Ta�tor b�fo��eFn ---
<br /> ., .• oxeaution ot ths Oscd of Truet. /��� � �:.E:;.� -,�
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<br /> � . � ° PAIJL�J COLAIQ ` --------
<br /> TR TOR ,�°�''`""�
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<br /> l�RIST CQLAN TRUBTOR - #��_ ----y—,-
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<br /> . ��EO OF TRU�T 1AOC4� F��OA��Q��NG��I�ES ' '% . :�,.t:�;�n�"�;�.-
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<br /> TWIS�EEO O�TRUST,ie msde ea oi the ��gt dny a4 l�a�rclh .19�.bY and amo�p �,.'.i�^�.�'' '.. .
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<br /> tfieTrustor. Pd1YdL J COLAN atld KEtESTB Y�OLd►3i HO�BDltJD AA11� WIHB — ' � �; - ,
<br /> . , � 415 W 11T� 3T aRd�ND I3L�l�ID i���eQ�pP:whete►erenearmo►e). ... �.;��--�---��—�---"'`-
<br /> whoae meilinq addrmss ��'---° -
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<br /> ,�'F�'..'�:. the T�u�tes, 11RE� T��._ � . . ';:�t�.---
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<br /> whoso meNnp addreae is��4��'�Ea.E&t A1�3 GAt�12 Es3I.11HP NS 68801 (hmeir�'Truetae"l.end , +�+� _
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<br /> ���• eswr n (;RANI) IS 'a ��,I4('?s�=.= --
<br /> � theBenefioicry.�..���'+�9�'�..m � ' ;k+.t�w�.�—�'
<br /> ' � whoae meilhp addrese le p 0 HOK �688 GRAND ISLANA I�R 68802 (hera:n'l.enda'l. ' :,` �M�--
<br /> FOR VALUABLE CONSIDERATION,&+oiud(np Lender'e extenston of inedk identified herein to PAUL J COLAN �c�
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<br /> " �ISTI �� (heroln'BonoweP,whether one or more)end the truet hetein ereated,!he '' ' -
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<br /> ' roaeipt of which ie heroby eeknowbdqed,Truetor hereby irrevooabty prente,tranatere,conveys end eneipne to Truetee,IN TRUST,WITH „ ��,.;:��
<br /> � t+pYdER QE SAlE,fnr the banefk end aeourity of Lender,under and subleot to tha terms end oondhfone heroinatter sat torth,the real ,j��i` ,
<br /> . property.doso►ibed ee fol{owe: t SE `"`
<br /> ADDxTT ppEto3theLCiCy of Grand�Isisn��RHa11LCo�untyERNebraska ' T t>
<br /> � . , ,i�f;�,`.�,�. 'ra
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<br /> ' ';'`� Together w{th ell buildinps,lmprovements,tixturea,etreete,elleys,pessepeways,easements,riphte,privilepes end eppurtenences �'�;�,
<br /> � ' looated thereon or in enywfse pertei�fnp thereto,an�J the rente,iesuas and profite,►everefons and remeindme thereof,end such peraonei `� -�� ��:
<br /> propmty thet ie attaohad to the(mprovements eo ae to oonatitute e t ixture,3 no iu ding,bu t no t iim k a d to,h e a t i n g s n d c o o i f n g e q u l p m a n t: �
<br /> end topether with the homeateed o►me►het intereate, if eny,which interests are hereby releaeed and waivod;eil of whioh,Fnoludinp +'"• ..
<br /> • �� ropiacemente end edditione thereto, fe heroby deoleted to ba e part of the real estete seaured by the Ifen of thia Deed ot Ttuet nnd e�l of • ' �� y".'=� `.<�<
<br /> :. �.'! ,,�', the forepoinp betnp referred to herein ae tha"Property". �'• ''' "�..
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<br /> Thie Deed of Truet ehell seau►e(e)the peyment of the pdncipal sum end interest evidenoed by e promiseory note or oredit ,-,, ���
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<br /> ,��..�;'Ff.,;.
<br /> epreement deted _ 03/31 j94 ,havinp e maturity date of 04/17�9 —• „ �.0 ,
<br /> in the.otiyihai prinoipet emount of 8 �L.aF�-78 ,and any and eli modificetione, exteneions and renewats I '
<br /> thereof or thereto end enY end eA future edvenoes end readvencea to Borrower(or any of them if more then one)hereunder pursuant to
<br /> one or more promiseory notee or credk ugreements lherein celled"Note");(b)the payme�t of other sume advenced by Lender to proteot � �,,:
<br /> the security of tfie Note;ta)the perfortnanae of all covenenta and aereementa of Truetor set forth herein;end(d)ail present end futuro I `Y�•-
<br /> indebtednasa end oblipatione of Bo�rower(or any of them if more then o�e1 to Lendar whethar direot,indiroct,absolute or continpent i • .;�`'
<br /> ' end whether erisfnp by note,puarenty,overdreft or otherwise.The Note,this Oeed of Truet and any and ell other documenta thet secure -
<br /> the Noto or othorwise exeauted in connection therewith,includinp without limftetion guarenteea,aeourity epreemente and assignmente
<br /> of leeses end rente,ehaU be referred to herein aa the'Loan Instrumente'.
<br /> Trustor covenente end epreee with Lender ea followa:
<br /> ' 1.Paym�nt of led�bt�dnes�.Atl indebtedneea aecured hereby ehall be peid when due.
<br /> 2.TkN.Trustor fe the owner of the Property,hee the right end authorky to convey the Property,end warrents that the lien aeated
<br /> hereby is e firat end prior lien on the Property,except for tiena and eeuumbrences set forth by Truetor in writing end delivered to Lender
<br /> • beforo execution of thie �eed ot Truet, end the exeaution end detivery of this Deed of truet does not vioiate any cont�aot or other
<br /> , . obliyation to which Tastor ie aubjeot.
<br /> 3.7ues,Asse�tments.To pay before delinquency a�l taxea,aD�ciai eesessments and ell other charges against the Proyerty�ow or
<br /> herea4ter levied.
<br /> q,Insur�np. To keep the Property insured ageinst damaye by fire,hazards. inctuded within the term 'exiended coverega',end
<br /> • �.�= • . sua!►other hezerds as Lender mey require,In emounts and witfi companies accoptable to Lende►,neming Le�der as an additio�el nemed •
<br /> insarad,with tose peyabte to the l��der.In ease of 7oss under sueh policies,the Lender is authorized to adjust,collect and eompromise,
<br /> ell cluims thereunde�and shall fieva the option of applying all or pert ot the inaurance proceeds(i)to any indebtednesa securod hereby
<br /> ' end in euch order ea Lender may determine,(ii)to the Trustor to be used for the repeir or restoretion of the Property or tiii)for any other `.
<br /> , , purposa or object satistactory to Lender wkhout a4}xtinp the lien of thia Deed of Trust for the tull amount seeured heteby before euch
<br /> � poyment ever took place.Any aDO���tlon of Ftocasds to indebtednesa shall not extend or poatpone the due tfate of any peyments under
<br /> . •�.u..�� ..r mma anv defauk th9tEtJndE�O�hefEU�tdOt.
<br /> j S.Eserow.Upon written demend by Londer,Trustor shell pay io Lender,in such menner as Lendor mey designetm,eu4fioient sums
<br /> to enabto Lender to pay ae tMev�beeomo due ona or more oi the following: 1i►eIl texes, assesaments and other chatpas ageinst the
<br /> � Ptopetty,G�)the premiums on tho pioperty inauranco required horeunder,and tiii)the premiums on any mortgage insurance required by
<br /> Lendor.
<br /> � 8.Mainten�ncs.Rspain u�d Q:omplfance arith Lews. Trustor shell keep the property in good candit�on end repair;shell promptly
<br /> , repair,or replace ony imProvemcnt which mey be demeged or destroyed;shall not comm�t or permit any weste or deterio►etion ot the
<br /> Property;shell not remove.demolish or substantielly eltet any of the improvemente on the P�operty;shall not commit,euffer or permit
<br /> eny eot to be done in or apom th� Property in violetion of eny lew,ordinance,or repula8�on; and shall pay and promptly disherpe et
<br /> � Ttuetot'e oost end expmisa a„���a,encumbrances and cherges levied,impoaed or assesse�against the Proporty or eny pa►t thereof.
<br /> 7. Eminsnt Oomain. Leroder is hercby assigned all compensation, ewerds, damages and other paymenta or relief Ihereineftm
<br /> 'Proaeede"1 in oonnection with corodcmroation or other teking ot the Porperty or peK thereot,or for conveyance in lieu of condemnatio�.
<br /> lender rlhalt be ontitled at i4s option to commence,eppear in end prosecute in ite own name any action or proceedings,and shell also bo
<br /> , entitled to make ony compvorroiseor eettlement in connection with such teking or damage.In the eve�t any portion of tAe Proporty ia so
<br /> NBC u67 UIon�Onaltvd Oee61 Rev.tOrBi �
<br /> O 1 OEB N�aw BWi ef Canmeree Trwt r4 SwMps lwodnion.Undm.Ncbrnk� �
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