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<br /> � ' Ds�D OP TRDBT , � •I, �_
<br /> - TliI8 nSBD 08 aRUBT ie ma8e ae oQ the � doy oE �,r'.J�, 1999, by and ��• „ � � ', � _
<br /> emon g JSANIS CCOPBR, a aiagle person, ("TRUS R^), �ohoae meil�.ag ad8rees is: 204 , ' � _
<br /> LQ. 6th, tirand IslanB, Nobraska 68801 j =-
<br /> - � and DUANS A. SQRN3, Attorney at Laa, t"TRtJSTgB"1� �ho�e mailing eddress is: . 'f_'�_
<br /> " P. O. 8ox 2300, Cirand Islartd, Nebraska 68602j �
<br /> ana �cspa�rr�ioN sQuzpr�err co.. INC., a Nebraeka coxporation, ("BSNSPICI3�RX") . ' _
<br /> oohose mailing addrese ie: 417 N. Shac4y SenB Road. (irand Island, Nebraska 68�01. .,-�
<br /> FOR VALIIABE,B COP3ID8I3L►TION, Trustor irr�vocably trarisfers, conveyB, and ,,r's
<br /> assigns to Truet�ae, IN TRII5T, WITH POW�R OIl� S�E.B. for th� banefit and secuxity ��.
<br /> of 8eae�iciar�+, un8�r and subj�ct to th� tezms and conditions of thie Deed of �,+
<br /> ° Truet, the real property located in the City of (3rand Ialand, County of Hsll, . .
<br /> State mg F�Qbraska, and legaily deecribed ae folloma: (the "Property°) : --
<br /> '�-
<br /> The Southerly Bight-tmo (�2) Peet of Lot Sight (8) , � a
<br /> Block Eight (8) in the Ori¢,�anaA Tomn, no� City oE � ; : „
<br /> • � Grand i�land, H�11 Covnty, 27abxaska, known as � ;:�;�' �. ' .-
<br /> ..., •<.•.._�.
<br /> ,�, � 204 W. 6th Stre2t, Grand Island, NebraBka 68801. '�;;c;�'��t��:' ;fs'r,,r;��F,,
<br /> , ,;`,}:" ... .';::� , ��• � ` , �c'-
<br /> :�f';••>.••� •. TQG�2'L�16RPTITfi all ren��, �asements, appurten�uncee, hereditame�ces, interests , ,� . n � -
<br /> ;'��`''"� " in ad oima�z zoads, streeta and alley�, imProvements and buildinga of any kind `'+t:;r `'�
<br /> .�x;:i`•p�. j 1 , ,5�,.�4�,; ;�, =.
<br /> �••�t;,;l„•;; situated thereora arc¢� all peraonal p��erty that may b� or hereafter become �n ` }�;. ;�fk'�' � ��
<br /> integral part of a�s�h buil�ings and improvememts. � �,
<br /> ��• '.cSaf,:;�f'' �,-�,�.,-.
<br /> f:; -
<br /> �'he praperty�nd the �antzre eet�►te and int¢z��et convep�ad to the Trustee are ��` �
<br /> ' referr�ol to coll�ctively as t.*�a "Taan�t 8atate". '�":'� u.�" ';'r�
<br /> �,.:�;�t4;�``lz--��'�
<br /> —,.,..,..•.,
<br /> , , - FOR Tf� PIIRP(DS8 OF SBCITRING_ ;�i4^r' ',f:�.�:;� .:e�
<br /> .<<.�f�:=:)'•" -
<br /> 1 •i,'.{.^;;f�%� -
<br /> a. Payment of indebtedneas in the totai principal z�eeousnt of $21,583.31, '.;;;=;,<,�; ' � '
<br /> ,,,.
<br /> ;,.' �ith iriterest thezeon, as evi8enced by that certain Promieaory L�Tot� of even date . ...,,s;: ; ;�. .
<br /> • (the "NOte") with a maturity dat e o f M a r c h 1 6 7.9 9 9, executed b y Truetor, which � �
<br /> has been delivered and is payable to the order of Seneficiary, and which by this °{
<br /> . referesace is hereby made a part hereof, and aisy and all modificationa, extensiona , *
<br /> . and retievals thereof, and, ,.°;��,
<br /> n
<br /> b. Payment of all sume advanced by Beneficiary to protect the Trust �
<br /> � , 8etate, aith interest thereon at the rate of toaelve (12i�) percent pez annum• l
<br /> This Deed of Truet, the Note, an8 ariy other instrument given to evidence •
<br /> or Further secure the payment and parfozmance of aciy obligation secured hereby ��
<br /> are referre8 to collectively ae the "Loea Instruments". • ''��
<br /> .,',._. �`���.
<br /> ' j���. ay_
<br /> • ' 1�0 PROTBCT THS SSCQRITY OF TtiIS DSBD OF TRIIST: �,�
<br /> 1, �AYI+�I�T OF INARBTRDNBSS Trustor ahall pay when due the principal of, I , ��
<br /> � and the interest on, the indebtedneas evidenced by the Note, charges, fees and , , .. �.
<br /> • �;,�•'�, all other auma as provided in the Loan Instrumenta. � �u �
<br /> 2, A�n�BSTATS TAXHS Trustor shall pay each month, at the tune principal I . -;z�,c-
<br /> and interest payments are made, one-tv►elfth (1/123 of the estimated annual real � �},'
<br /> estate taxea. Beneficiary ahall then pay the real estate taxes before the same .�
<br /> � become delinquent aad shall provide Trustor soith evidence of payment of the same.
<br /> ' In the event that the real eatate taxes ahould increase, the Tzustor agreea to lg
<br /> make an additional payment aufficient to cover payment of such taxes. AC the . • • '
<br /> � present tims real estate taxea are $493.94 or 539.50 per month. , '��
<br /> • '`"' 3. IN9URANCS AND RfiPAIRS. Truetor shall pay each month, at the time '
<br /> � ' ��:` principal and interest payments are made, one-twelfth (i/12) of the estimated . �:
<br /> � � � annual premium cost for fire and exCended coverage insurance, insuring the
<br /> buildings conetituting the trust estate, for an amount no less than the
<br /> replacement value of the buildings. Sezieficiaxy shall pay the premiums for _
<br /> maintaining aueh policy and shall provide Trustor with evidence af insurance
<br /> premium payments each year. Such iasurance policy shall contain a standard .`_
<br /> mortgage clauae in favor of Seneficiary arid ahall not be cancelable, terminable, ..�
<br /> or modifiable aithout ten (10) days prior written notice to Beneficiaxy. Trustor
<br /> ehall praanptly repair, maintain and replace the Trust Hstate or any part tnereof ��'
<br /> so that, excer�t for ordinary arear and tear, the Trust 8state shall not ..
<br /> ' deteriorate. in no event ahall the Tsuetor conanic aasce on v� �� �:_� '�_�'�
<br /> Bstate. At the present time insurance ie $314.94 or S26.25 per month. Ir. total,
<br /> at the present time, payment of principal, interest, real estate ta�ces and
<br /> insurance shall amc�unt to $524.32 per month, which is subject to change based
<br /> „ u�on the incresse or decrease in real estate tsxes and ineurance premiums.
<br /> In addition to casualty inaurance, Trustor shall pay the annual premium on '
<br /> . cam�rehesssive liability insurance covering each premises and protecting the •
<br /> ' eeneficiary and Truscor from all claims, demande, la�suits, and judgments asising
<br /> ` � .' out of injuzy to persons or damage eo praperty occurring on earh prop�rtY• 'The
<br /> ' coverage shall be in an smount oF not less than 5300, 000 single limit for bodily '�
<br /> � injury and property damag�. _
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