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<br /> "�`"-��-=���-�-� DEE�OF YAtlBT WITH FUTURB A�VAto10E8
<br /> �,.�=:°�'�''�
<br /> - ° �' THt9 OE�b OF TRUST,la mads as of tha 11ltL day ot n;+��� — -.tQ�i1 by and�manp
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<br /> i''t:•�;��`r`�"-'.-;� the'�ru�to�.�aan L. Gane�nd� �/k/a 5v�n l;� Tw�{� b �:y4A D. CA,nawav. v�tfe &.J�ts�d . -
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<br /> :"'"� ".:,i„� ±•rc= whose mallitt�8ddteti 18 �a�e S. L'in��in A�.�--' Crwnd ( t� N� �h8i il� 'TrusWr."whlthmr ona or mon).
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<br /> . . . the Tnmtea. F1 Or� ' --
<br /> , � whoae mallinp ttddrose Is P ^ �x 1 S07�Gr,�nd falen NE RpAA2�1507 (heroln'T�tstee"►,and
<br /> � ������'f .. the�enafloiary. �i�.a Pnir�fa Rwnte�.��Ebrn�airA PnrTnrn�le�a � — - -
<br /> �,
<br /> � � whoae mailinp address fa °•^ �x t BQJ Grand Island NE �880�-1 S�7 (herotn"Len�sr"►.
<br /> � � FOR VAi.UABLE CON8IDERA710N.inctuding Lender's extenston of credit identl8ed hereln to
<br /> L.y�e D. Conawa� (herein•'�orrowe�",whesdter one cr more)and me wst herein created,
<br /> . ' 4ne r�ces�t�!wletch is Pe�e�c�ckrtAwtedged,T►ustor hereby ircevocabty granta,traneters,eonvsys and aaslpna to Trust�e.IN _
<br /> , TRUST.t{lilTC�O Pd'�lf�(R m1F 5�d.�,4ov�o @�eflt and seouNty oi Lender,under and subJeot to the tarms and condlUons herelnafter set ��
<br /> . forth.tha e@at g��e�fly.d��crE�d cio 4o![o�rs:
<br /> . � � Lot 46ae��e �3D. ��� 4acw�nty Ftve (�S), IRansseQ tt�f�e�le�'s Additton to the Ctty of � _ _
<br /> „ Grend Is��aed. HeDC Coun3y, 6�mbraska. :�n_--
<br /> ��
<br /> To�a�hor with alt buildings,impra�e�re�onts.fixtures,stresta,�Ileys.Rassageways,easeman¢�,�Q�,prir¢[egr�.s aee�a�gote0a- �-
<br /> nances Iocated thereon or in anywise penaiNng thercato,artd the�n4s,isauea and profits,revar�8mns�nd c�a�ErtiLars ths�a'J.8ct0 �,�ti}-,
<br /> ' sueh personai propeKy that la atlaahed to the improveree�nts so as to constltute a 8xture.inciudivn�,bud n�t lirnt�s8 to,heating end �•:_ '-�"-•
<br /> .� , ' xooling equipmen�and together with the homestead or rtearltal interests,H any,which interestserta hereby r�1�A�and watved;ail �_-:
<br /> " ot whlcb,inctuding replacemeMs and additlons tfiereto,is hereby dBCG&red to be a part of the res�est�a48 SaCUre9 by the Ilen ot thib "�'=
<br /> ., Oeed of Trust and ali ot the foregoing being retened to herein as the"Property". .,��;
<br /> : .;,.-
<br /> �� � This Deed of Trust ahaii secure(a)the payment of the principal sum and interest evidenced by a promissory note�caadft :� ����:
<br /> �•.�.�
<br /> . �rr.--
<br /> -- _ ---�- - ag�mant�atsd Apri� t 1, t g9� .hsving s mettsrlty�?s ot M.s� �� �aQC —, - _.
<br /> ' ��' in the originat p�incipat•amount ot a +� ^^^ ^^ and any and all modiHcatlons,extensio�es a�d r�na�a�is `��;;=•
<br /> ���`f'��''+~ thereof or tt�r�to and an and all tuture advances and readvance$to Borrower(or an of them i4 more than one Aetau�x9ar --_
<br /> •,.:�... y Y j ...:���—:
<br /> pursuent ta one or more prortnisaory notes or credft agreementa(herein called"Note'�;(b)the payment ot other suma advenced by '�-�—
<br /> :.Tcfc-�=
<br /> �. i,ender to protect the security of fhe Note;(c)the pertarmance of all covenanta and agreementa of T►ustor set forE7►rtnarefn;and(�aIi : •��
<br /> � �resent and tuture indebtednesa and obligadons of Borrower(or any of them If mor�than one)to Lender wh�i�a direct,indirect, -
<br /> absolute or condngent anc�whether arising by note,guaranty,overdratt or othenivis�.The Note,this Deed of 4vust and an�/and atl �� _
<br /> � othar dxuents that secure the Note or otherwise exeauted in connecdon therewith,including wNbout limitatlon guarantaea,security , _
<br /> egreements and aeaignments of Ieases and rents,shail be�eferred to hereln as the"Loen Documents". .w:.
<br /> Trustor covenants and agrees with Lender as follows:
<br /> t.Paymmt of Indebtednea.All indebtedness secu�ed hereby shall be paid when due. ' :
<br /> 2.TfU�.Trustor fe the owner oi the Property,has the right and authority to convey the Property,and wartanffi that the Iten � �,
<br /> created hereby is a flrst and prior Iien on the Property,except for liens and encumbrances set torth by Trustor in wridng and ;:-
<br /> dsiivered to Lender betore execuUOn of thfe Deed of Trus�and the execution and detivery oi this Qeed of Trust does not viotate any � „ ---
<br /> contract or other obligaUon to whfch T�ustor is subJect '�=
<br /> ';�;,�..� 3.Tmnma,&aseswment�.To pay betore deifnquency all taxes,special assessmente and all o4her charges agafnet the Proport�r -
<br /> '' ' '' now or her¢ag3er levled. '
<br /> ' 'i�:�••;�::;, 4. insuranee.To keep tt�e Property inaured againstdamage by fire,hezards included withintheterm"extended coverage",and �;;�
<br /> ;��"�,�;`��`�� such other hazards as Lender may require,in amounts and with comnanies acceptabie to Lende�,naming Lender as an addltlone! >.,.
<br /> � •����•�'� named insured,with los�payabte to the Lender.in case oi loss under auch policies,lhe Lender is authodzed to adjuat,coliect and ,;?:�;, �-
<br /> • �'•'"��. •�-5; compromise,ali clelms thereunder and sfiaii have the option of appiying all or part ot tt�e Msurance prxeeds(f)to any indebtedness � ;.�;�;:�;.
<br /> . secured hereby and in such order as Le�der may determine,(iq to the Trustor to be used for the re�alr or restoradon ot the Prope►iy �.tk;
<br /> ' '�,'�'�'� '` or(ili)tor any other purpose or object satislactory to Lender without aitecting the Ilen ot this Deed of Trust tor the fuli amount seCUred . � E'
<br /> hereby before such paymont ever took place.Any applfcetion of prxeeds to Indebtedneas aha0�not extend or postpone the due •
<br /> '� dste of any payments under the Note,or cure any detau�t tnereunder or nereunder. �
<br /> `,� 5. Esctow.Upot►written demand by Lender,Trustor shail pay to Lender,in such manner es Lender may deslgnate,sufffcient :`�F�
<br /> � sums to enable lender to pay as they become due one or more of the fallowing:(i)a11 taxes,asaessments and other charges againat
<br /> the Property.(ii)the premlums on the properry inaurance required horeunder,and(iii�the premiums on any moRgage inaurance �
<br /> requlred by Lender. �
<br /> 6. Mainte�ance,R��aairs and Compiiance wfth Laws. Trustor shall keep the Property in good conditlon and repair,shall
<br /> promptly repafr,or replaCe any Improvement which may be damaged or destroyed; ahalt not commft or permit any wa9te or .
<br /> deterioraUon of the Property;shalt not remove,demoiis°.ar substantlally aiter any ot the improvements on iRe 3'foperty:shail not � ;
<br /> commit,suHer or permit any act to be done fn or upon thQ Property in vlolation ot any law,ordinanc�,or regutat�on;and shal�pay and
<br /> , , prompUy discharge at Trustor's cost and expense all liens,encumbrancea and charges levled, imposed or asaessed against the �
<br /> Property or any part thereot.
<br /> ; c. 7. Eminent Domain.lender ia hereby assigned a11 compensation,awards,damages and otT�,er payments or relief(hereinatter � ,
<br /> � "Proceeds")in connectiort wdh condemnation or other t�k�ng of the Property or part inereof,or for�onveyance in I�eu ot condemna-
<br /> tion.Lender shali be en�itle�at!ts opUon to commende.appear in and prosecu8e�n�ta own natrte any actiort or proceedings,and
<br /> � ,,� sha�i aiso toe enddee7 to rr,ake any com�romise or settterreent in tonnection with su�e�taking or damage.�n the�v�nt any portlon of
<br /> • ` the Progoryj�s so taken or damaged,L�nder shat�have the opt�c�s.�� �ts soie and absolute discs�uon,to apply ell such PrmcEOda,
<br /> '' a4mr da�acccinu thereirom all costs and ezcensea Incurred bv it ir�orr..ecUOn with such Proceeus,uDOn any Indebtedness so��red �
<br /> Peereby artd tn such order as Lender may determine,or to appiy ai+such Proceeds,after such deductions,to the restoration ot the •
<br /> �roRerly upon such eanditions as Lender may determir.e.Any appiication of Proceeds to indebtedness shali n�t extend or postpone
<br /> . the due date of any payartents under the Note,or cur�any defauit thereunder or nereunder.Any unappt�Qtl 4unds shali be paid to
<br /> , 7rustor.
<br /> 8. Pe�tortnance br Lender.Upon the accurrertce of an Event of Oefault hereunder,o►it any act is taken or�egai proceeding
<br /> commencecf whiah materiaily aNects Lender's int@rest�n the Property,Lender may in ita own d�screnon,but wlthout obUgatlon to do
<br /> so,and without no8ce to or demand upon Trustor and without reieasing Trustor trom any ota��gat�on,do any act which Trustor has
<br /> agresd but fails to do and may also do any o4her aet�t deems neceasary to protect the securiry hereot.Trustor shalt,fmmedfately
<br /> upon demand theretor by Lender,pay to Lendvr all ccss,s and ezpenaes incurred and aums expended by Lender in connecdon with
<br /> the exercise by Lender oi the foregoing rights,togeti►er with interest thereon at the defautt rate provided in the Note,which shaii be
<br /> added to the indebtedness secured hereby. lender shail not inaur any Iiabtilty because of anything ft may do or omit to do
<br /> hereund8r. .
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