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<br /> _ DE�D OF TRUBT WITH FU1'URE A�VANGES ��,,. �Q���2
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<br /> - •. �- �m��•: �:. Tli18 DEED OF TRUSY,la msde ae of the ��th d�y o� Apr. ,�fl,��„by�nd aewr�
<br /> .. �. ... � �--
<br /> -�i. ' the T�usmr, Edrard A lleininper & Cnrson A lteinin�er , huebend and �ife � --
<br /> • :° �:� 4�13 Leriat Place GrOnd I�land H� Efl803-a231
<br /> � � whose maltlnp addroa9 ts (hereln"Trustor. whMrior ono or morq�, --
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<br /> , , �8 Y��� Fivo Pointe Bank. a Nebsaeka Corporation �
<br /> � � P.O. Box iSfl7 Grand Zaland. !lE 68802 —
<br /> � . � „ whose mafling address Is (hereln"Trustee'a.end _.
<br /> Five Foia2e �8entt =__-
<br /> : , the Beneflclary. , �=:;;=:
<br /> 2015 H. Broadrell arend Ielend� H8. 68B02-iS87 �`�'
<br /> �rohoss malAng addresa fs (hereln"t,ender�. '�'"��
<br /> EdMard A 1fei�i�ger �
<br /> �� FOR VQLUABLE CONSIDERATtON,inctuding Lenders extenalan ot credl!ldendfled herefn to - -
<br /> 8 Cermen A lleininger , �
<br /> (herei�•'Borrowe�.whether one or more)and tha trust herein orested, �--
<br /> the reoelpt ot whlah fs hereby acknow�edged,Trustor hereby irrevocabty grents,transters,conveys and asslgos to TtuEtee,IN ��:
<br /> TRUST,WITH POWER OF 3ALE,tor the beneflt end seaurity ot Lender,urtder and subject to the te►ms and condlt3ons horelneRer set k,'-
<br /> tq.�T���rB�t�����'HEZt3HTS THIRD SUBDIVISIOH. HALL COUtiTY. NEBRASXA
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<br /> Together wlth alI buildings,Improvementa,8xtures,streets,alteys,passageways,easements,►igMs,privilepea and appurte- •;'
<br /> nancea loceted thereon or irt anywise pertalning thereto,and the rents,issues and proflta,reveralons and remafndera thereot and �-•�
<br /> ;:�;;`;� such persona!properly that Is attached to the Improvements so as to constltute a flxture,including,but not llmited to,heatlrtp and ��=
<br /> ��, cooltng equlpment and together with the homestead o►marital inlerests,if any,whlch interesta are hereby�eleased and waived;alt ,�,
<br /> of which,inctuding reptacemenb and addidons thereto,Is hereby declared to be a part oithe resl estate seoured by the tten ofthia �'
<br /> Deed ot T►ust and alt ot the tor oln befn referred to hereln as the"Pro �'�
<br /> , .� e9 9 9 Pe�►l�., �-_,_
<br /> .,� �
<br /> �:::;,. 7his Oeed ot Trust ahatl secu�e(a)the payment ot the pnnclpal sum and Interest evldeoced by a promissory note or credit �p,�;
<br /> .--' - agreementdated °Prfl 2ltb !S'39 ,havinga matunrydateot �Pril 15t� !49$ � � ,
<br /> . . �.
<br /> fn the orlgtnal princlpal amount of$ 9•01Se @0 ,and any and atl modiflcaUons,axtenaions artd renewais �-
<br /> thereof or thereto and any and a��tuture advancea and readvances to BoROwer(or any of them H more than o�e)hereunder �
<br /> pursuant to one or more promissory notes or credft agreements(hereln called"Note'�:(b)the payment oi other sums adv3nced by �=�
<br /> Lertder to protect the securlty of the Note;(c)the pe�lofmance of alt covenants and agresmenta oi Trustor set torth hereln;and(cq atl
<br /> present and future indebtedness and obltgatlons o1 Borrower(or any ot them It mo�e than one)to�ertder whether dlrecR IndireC� ���
<br /> � absotute or conUngent and whether arlsing by nate,guaranry,ove�dratt or othervvlse.The Note,thls Oeed oi Truat artd any and atl
<br /> other dxuents that secure the Note or otherwtse executed in connectlon therewlth,including without Ilmttation guarantees,securit�r
<br /> agreements and asslgnments oi teases and�ents,ahall be referred to herefn as the"LOan Oocuments".
<br /> Trustor covenanta and agrees wlth 4ender as totlowa: '
<br /> 1. Pa�tmeM ot Indebtednes9.Atl indebtedness secured hereby shatl be pafd when due. ��.
<br /> 2. Titls.Trusto�Is the owner of the Property,has the rlght and authorlty to convey the Property,and warrants that the Ilen .
<br /> � � •� created hereby Is a first and prlor Ilen on the Property,except for tlens and encumbrances set forth by Trustor in writlng and
<br /> • � ` `' de8vered to Lender betore executlon ot thls Deed of Truat,end the execuUon and dellvery of thls Oeed of T�uat does notvfolate any
<br /> ' �,.,.,��.
<br /> contract or other obllgaUon to whlch Trustor Is subJect
<br /> •��� `^'� 3. Taxes.Mfas�menb.To pay betore detinquency all ta�cea,spectat assessments and all other charges ageinst the Property
<br /> •��''';� now or hereafter levled.
<br /> �;; ';;�. . 4. Inaumnae.To keep the Property Insured agafnstdamage by fire,hazards included wlthfn the term"extended coverage°,and
<br /> • , such other hazards as Lender may require,in amounts and wlth companies accepffible to Lender,namfng Lender as an additiona�
<br /> named insured,with loss payable to the Lender.In case of loss und�r such polfcies,the Lender ia authorized to adJust,collect and �
<br /> compromise,sIl clafma thereunder and shall have the optfon ot applying all or part of the insurance proceeds(i)to any indebtedness
<br /> secured hereby and In such order as Lender may determine.(ii)to the Trustor to be used tor the repaf�or restoraUon of the Properly
<br /> ;`, �.' or(8q for any other purpose cr object satlstactory to Lender wlthout afiecting the�ien oi thia Deed of Trust tor the full amount securad
<br /> " hereby be}ore such payment ever took ptace.Any applicatlon ot prxeeds to indebtedneas shall not extend or postpone ffie due
<br /> �. date of any paymenta under the Note,or cure any default thereunder or hereunder.
<br /> 5. Esorow.Upon wrltten demand by Lender,Trustor shell pay to Lender.In such manner as lender may deslgnate,sufficlent
<br /> sums to enabte Lender to pay as they become due one or more of the fotlowing:(i)at�texes,assessments and other chargesagalnst '
<br /> the Property,(If)the premluma on the properly Insurance required hereunder,and(iIi)the premiums on any mortgage inauranCe
<br /> requlred by Lender.
<br /> , 6. Nlatntenance,Repelro and Complfance wNh Lews.Truator ahall keep the Property in good conditlon and repalr, shatl
<br /> promptly repalr,or rep�ace any improvement which may be damaged or destroyed; ahall not commlt or permlt any waste or
<br /> ' . deterloraUon of the Property;shall not remove,demolish or subatantially alter any of the improvements on the Pro�eRy;aPialt not
<br /> �� commit,suHer or p�ema any act to be done in or upon the Property ln violation of any Iaw,ordinance,or regutatfoR:artd shall pay and
<br /> •�,_��•• promptly discharg�at TrWStor's cost and expense al� Ifens,encumbrances and charges Ievied,imposed or asseas�d again5t tho
<br /> :�'� , . 1�' 'ti� Properiy or any pavt t�er�of. '
<br /> � `'r: •���, 7. Eml�en4 Domairo.lertdor�s ne�el�y assigned all compensa4�on,awards,damages a^a other payments ar reliei(here�nafter
<br /> `';'' "Proceads'�in connection w:th con0emnation or othe�takcng mc:he Property or part thereot.or i�r conveyance in lieu ot condemna-
<br /> _ '�'`":',�� � � tion.Lender shall be entitled at its option to comrr.ien�e,aWpear in and prosecute in�ts pwrt rarne any actcmn o�proceedings,and
<br /> � ��''��;� shall also be entiUed to make any compromise or sett^ement m connection with sucn tak�ng or damage.�R 9,he�vent any portion�f
<br /> � ' the Property Is so take�or damaged,Lender sha�l have the opt�on,in its sole antl absolvte disc�etf0�,to rapp;y alI such Proceeds,
<br /> �,..�.
<br /> i� �.
<br /> • , diioi a'ouvi,uTiy u�oioiwtTi ari w5i8 di�v'owMoi�Sob ii�i.ui ioi�ii�ii ii�Gviri�eri.ii�i�wiii�Bui.i��i�i,socii8.u{ii�fi aicq m6virusuritr�3oi:urefa
<br /> • her�by and in such order as Lendar may determine,or to apply atS such Proceeds,after su�h ct0tluctrons,to ihe restora4ion of the
<br /> � Property upon such condiUons as Lender may determi�e.Any appt:cation of Proceeds to intloo;edness shall not extend er postpone
<br /> the due date ot any payments under the Note,or cure any default thereunder or hereunder.Any unapplied funds shall be paid to
<br /> Truator.
<br /> 8. Pe�farmance by lender.Upon the occurrence of an Event of Defautt nereunder.or it a�y act is ta�c8n or Iegal proceeding
<br /> ; , commenced whlch materfalty aHects Lender's interest in the Property.Lender may�n fts ov,n d�scretion,but without obligatlon to do
<br /> , so,and without notice to or demar�d upon Truator and without releasing Trustor trom any obligatcon,do any act which Trusto�has
<br /> . agreed but fails to do and may also do any other act it deems necessary to protect the sea�r�ey hereot.Trustor shall,immediately
<br /> i upon demand theretor by Lender,pay to Lender atl costs and expenses incurred and sums euQended�y Lender in connectlon with
<br /> ` the exerclse by Lender of the foregoing rlghts,together wlth mterest thereon at the defautt rate prov�de6�rt 4he Note,which shall be
<br /> , added to the Inde3stecOrtess secured he�eby. lender ahall not incur any Iiability Cecause o�anyt��rtg it may do or omit to do
<br /> � hereunder.
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