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<br /> De�d of Trust ��' ��"�=��__=
<br /> � �N� � !"9,q._ 14��03 `k=?�°�-=- 't:�:r_-
<br /> . . • nCT�.i.T.- ;;"�.-_
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<br /> THISDEEDOfTRUSTIsmadethls 21 dayol �rch , 1g�4.,6ysndbetweert I�7CLEi.� "`°^^�''i� "^`� , �' .:` ._
<br /> Anita D'I Manchik. Huab� and Wi£e v�heth�r��rrnae,(herelnafte�celledtlrB"Tasto�"), _:,��..—
<br /> whosemaAJng�rldressJs 1915 West Gharl.ee, t�rana lsiana. Ne�rag -. ., � '��-. _
<br /> . MQ�t�ESj�B�IN� �Nebxa�u. N�tional Aasociation (herelnaltercalled e"Trustae",whosemaiungaddressis =
<br /> .... _
<br /> Zp r t ran Y�s an1—d.1� andNORWESTBANKNebzaska Natioaa�Aseocia�ion , (herelnatter
<br /> calfed tha"Beneliclary'),whose melling eddress!s 202 W 3rd St Grand 7�1and N� 68801 —• '�
<br /> WITNESSETH:
<br /> IF THlS SOX/S CHECKED j j THIS DEEO OF TRUST CONST?UTES A COIVSTAUCTION
<br /> SECUAITY AOAEEMENT fJNOER THE NEBftASKA CONSTRUCTlON UEN.4CT MfD Cf-tF./�TES, �
<br /> � ORANTS AND CONST1Tt1TES A CONSTRUCTION SEQURt7Y INTEAEST iN 7FfE Pf�?QPl:'RTD' ;,, ,. .
<br /> OESCRIBED HEREINBELOW. 3 t '
<br /> WNEREAS.Tiustor ls lnd�bted to Beneflciary ln the prtrrcipal sum ot 1 Rl�l= sT� i a��S'im ,-�r,r,� �*�Rrn FxTT�t rI� � �6�Q>,::3�
<br /> �l��(g 36.855.36 ),vrhich Indebtedness!s evidcarlcec!by Trusto�'s prom/ ot dated ����1��I 19 9� ,(imrelnaR�r ���,"c ,
<br /> celled iha"IKoro"},payable ro the ader ol8eneflclari✓anct h&ving a makur+ty ot_ A�£� g � -�L'447-- � . . . ,
<br /> MOW,TMEREFQRE.f»r d7e purpose o9 Sctcudng: .
<br /> (a} paymene ot fhe Mote, togsther wiGh interest thereon,fate char�es,Rropayment penalGes,anylut�re edvar►ces,and aA exte+asions, . ,
<br /> �n�dfic�fiens,su4s7fu6ons and renewats thereot, .
<br /> (0) paprrroni of all o�er sums,fees or cha�ges,tog4Vrer wfth lnterest thereo»,advanced to protect the securiey of thls Deed ol7iust and •
<br /> the pertom►ance o/�v ccvenants and agreemc-"nts of Tiustor,whether or not set tonh hereln, _
<br /> (c) pertormance,discherge of end comp!lance wrUo e•rr:ry term,covenenL o611gaUon and agreement ol7rusto►contained herefn or ., , ��
<br /> � incorporeted by re�erence o�any criJrer securiry insbument at anytime glven to secure the Hot�? �nd .�kf�y����
<br /> (d) the repayment of all other sums or futuro advamce�s,wlth lntorest thereon,which ma hereitsla-e have been or hereaNer be advanced :'''7}f',:;;;;;`:
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<br /> y f,,e:;....�. ,
<br /> by Beneficlary to Trustor or Trustor's successo�in interest or tlde, �'`�''"'�`''' ,
<br /> .. �tt�r h'�+.
<br /> � a110/which!s he�elnafterco l lec Uve l y c a Ae d t he'Yn de b t e d,�ess",Tias t ar Jrr ev o c a b l y g r a n t s e►rd transfmrs to 7rustee.ln urist WIiH POWER • �•�',
<br /> Of SALE,the following descllbed property: •
<br /> ' Lots One (1), Two (2), Three (3), and the Easterly One—Half (E§? of Lot Fou� (4) , in � F.
<br /> Block Thirty-Three (33), being partly in Chasles Wasmer's Add£c8vn to the City of Grand Island , , �
<br /> ,;,��,.
<br /> .. and partly in Charles Wasmer's Third Addition Co the City of �ramd Island, Hall County. 5�,��.,,-��:
<br /> . � �� Nebraska and the Northerly One-Half (N}) of what was formerly the alley in said Block I ��•.':J�'•''�m.�
<br /> l': � _�
<br /> ���� � adjoining said lo�s. .—�. '.
<br /> c together wlth(1)all bulldings,structuies,eddidons,enlergements,modificadons,reperrs,rep►acements,and lmp�ovements now or heresRe� �
<br /> located thereon,(!1)all equlpmenL machlnery and hxtures(lncluding,wlthout IimitaUon,eJl Jigh6ng,hea�ng,ventJleiing,cooling,afi .�;�'%;°�,r�� �,• '
<br /> ..�.,.: +ti :�;• ,
<br /> condldoning,spriMding ar+d plumbing fixtures,water and powe►systems,englnes,bollers,renges,ovens, dishwashers,rrrimors and mantels, , ..•�•_F•: }
<br /> ' carpefing,fumaces,oil burners,elevators and motors,refigeiadon plants or units,communlcatlon systems,dynsmos,bansfomiers,elecMaal '•"''�`�F'5+�,�?�.1
<br /> ' �''`�' ` ,,. 1
<br /> equlpment storm and screen wlndows,doors,awnings and shades)now or hereafter atteched to,a bufR in,a»y building a lmprovement
<br /> now or heresfter/ocated thereon,(i!f)aU easements and rights o�way appurtenant therefo,(iv),a//►easehofd estate,right,6tle and Interest of :: {� °,� ' •
<br /> Tit�sror In and to all lesaes, whether now or hereaRe►exisUnq or entered into(incJuding,without Umllation,all cash and securiry deposfts, � ���:'�'
<br /> advance rentals and depos/ts or payments o/a similar natureJ,perlaining ihereto,(v)el!rents,Issues. proflts and lncome therehom(sub�ect �
<br /> to the dght o!Tiustor to co//ect and appty such rents, lssues,prolits and Income as they become due and payable so long as no event ot ."� f
<br /> deJaaJt exists hereunder),(v1�aJl royalUes,minerel,oll and gas rights and profits,water,water nghta,and weter stock,(vl!)al/tenements, `.
<br /> heredltaments,privileges and appu�tenances belonging,used or en�oyed irr connecHon therewith,and(vifi)all proceeds of cawerslon, s
<br /> voluntery or lnvoluntary,of any of the loregoing inio cash or liquidated clalms(including,without limitabon, procesds d irtsurance and J��
<br /> ! condemosdon awards),all o�whlch fs hereinalter col/ectively called the"Trust Property". -
<br /> : , , • TO PROTECT THE SfCURfTY OF TH1S DEED OF TRUST, TRUSTOR COVENANTS AND AGREES AS FOLLOWS: , ,,..;
<br /> . ��� � i. 71t1e.Trastor covenants, wenants and agrees with 8eneficiary,!ts successors and assigns,Ihaf Trusror owns the 7rust Prope�ty Iree , , •
<br /> . � ' fiom any prior lien or encumbrence.ihat this Deed of Tiust is snd wilJ remain a valid and enforceable first Ilen on the Tiusi Property. �
<br /> thaf Trusfor,ai its expense,will preserve such title and will maintain this Deed o!Tiust as a first and peramount lien upon the Tiust �
<br /> • PiopeRy and will torever warrant and delend the validity and priority ol the lien hereof against the c/aims ol al!persons and paRies
<br /> who►nsoever.Trustor,af its expense,wilf cause this Deed of Trust,and each amendment o�supplement hereto,to be filed end
<br /> reCOrded as a moRgage o►the Tiusi Property in such manner and in such place and will take s�.:h action as in the opinion of Trustes
<br /> may be requlred by any present or fotore!aw in order to perfect,maintein and protect the lien of this Deed of Trust,as r�� same may
<br /> be amanded or supplemented lrom time to 6me.Trusfor wil/make such lurther assurance or essurances ro pe�lect rfs t"L> _'o the Trust
<br /> Pioperty as may be�equired by Beneficiary.Trustor hereby relinqurshes al!�1ght of dower and hor»estead!rr and toGae r�•:r�r Proaertt�. ,
<br /> 2. Payment of In���:A�.�ess.Trustor shall punctually pay the principal of and irtte►est on ihe/ndebtedness s��::�¢d hereby.
<br /> 3. Co�rst^.:r,3on of tm,�v�vements.7rusro�sha/1 cornpfete in good and workmanlike manner any build�ngs,imRscv�e.ments or i�aairs relaeng
<br /> Gfia:e:�vihich may be begun on t?re prust Properry or contemplated by the foan ev�denced Cy fhe Note secuoed hereb•y'�say when
<br /> Bue�a' costs and liabilities incu.-r,��2Pre�efore, and nof ro permit any construchon lien aga•��st s::ch Trusi Property. !n P�re�::a�i
<br /> cons�;rc6on of buildings,imp�oro�^�nts or repalrs are contemplated, Trustor also agrees. a^�s�'Mng in th�s Qeed of Ticrsr�o:^a contrary
<br /> notwithstanding:�a�:o promptly commence a�^y s�.cch work and to comptete ihe proposed�mproveme�ccs c��^r,�tfy,(b)lo comp:e!�r,r�e
<br /> same in accordan��:1I;h the plans end specr':t�^rons as approved by Beneliaary.(c)to com pty witn a:r,^^=�a.�»s of a 6udding fsa:n
<br /> ; agreement,il any.¢n��:veen trustor and Hene�rc.ary.the terms oJ which are�ncorporafed herein by iefsrer�.�and made a part►r�:�c`
<br /> l�'1�c allow Benefic.ary to insoact L�e 7rost Properry at all times dunng constructron,artd(�1 to replac�a�r����k or:rnc'zr��s
<br /> w�sat�e.*sctory to 8e.^.e5c;ary�%•�"�_o.F•peR(�S:d�ys aher vr:i!!?��chCe frOm BenpliC'grfl•-.r c^h fg�;i
<br /> 4_ Fu^�JS fbr Paynrent m�Cha�g�s .�ub�ect to ap�licable faw or to a wnnen v,a.ue�by Ber•e`:--a�, T�ustor sha:l nay to B�rr:'+�-,ary on r•rns
<br /> �rst day ol eacOn m�.Ttn.orsuch other date eacn rrronth as may be speGfrea�s��C¢neFC�ary.urrb�ttre f���C'�dness�s pa�d in lutr.a s�:.�
<br /> 4 (hareina/tercalledrl.ra"Funds")equaltotl�fi+ottheyearlytazesandasscss�^pntswh,chmapatCa��a���;�:yove�rhisDeedofTrusr
<br /> and ground�ercts arr the Trust P�opeRy,rt arry. p'us 1 12th o/the yeady pr�T:r:m installmertts fprhaza�d r7suranCe.plus 1 12tn o�r;�
<br /> yPady premium rrrsranments lor mortgage r.asl�ance.i1 any, a"as reasonabiy est�ma!ed�mt�a'��and bom Lme to bme l�y 8���`c�ary on
<br /> P�rn Aec.c n!xcoeeinunsc anii hdfe�nA imenvrnhfo oefimA!aC thrnlMl Tha Fun�s sha:r De l�e��m an mst,tu5on,the de/ros.�7S 0�
<br /> a,:caw�ts ot whr;l�a�e insuree or guara�te.ea�y a federa!or srare agemcy r.�ti�,.,�.�q B,cnePrvary Bene.SC+ary shaf!ap/a�y ri��Funds.o
<br /> pay said taxes. �s�s:ments.rns,u�ance prerrr�u�ns and ground rents Bene.ic�ary snall not'be reqwred fo pay Trustor any�nterQ5tor
<br /> eamings on G��Funds. Benehc,a.y sha11 g va ro l'rustor.without charge.an annua:accounnng of tT�e Funds show►ng crec���s and
<br /> debds to the Funds and the purpose for wn�ch each debif fo the Funds was�nade.The funds are p�ea'g�d as addmona,secuary tor
<br /> the Jndeb[edness secured by thrs Deed ot�rust./f the amounr ol the Funds held by Banefiaary.together w,th the future monthty
<br /> � instel/ments ot FunOs payable pnor to the due dafes ot taxes,assessments.+nsurance prern�urns and ground rents,sha���xceed the
<br /> emount requirn�ro pay said taxes,assessments.rnsu�ance premrums and grourtd�ents as mey�all due.such ercess snaii be.et
<br /> 7rustor S op6on,eithe►prompHy repa�d to l�ustor or credded to Trustor aga�nst tuture monthfy msfallmentc ol Funds N the amount of
<br /> the Funds held by Benefivary shall not be suNicient to pay taxes,assessments,msurance premwms and ground rents as thay fa��due.
<br /> • Tiustor shall pay to Senehcrary any amounf necessary to make up the de4Crency wrthrn thnry days trom thR date nohce�s ma.:eu by
<br /> Bene6c�ary to Tiustor requesOng payment the�eof URa�PeYment�n fuif o�at,Indebredness.Benehc�ary shali prornFCy�e'unrt ro
<br /> Trdsto►eny Fu»ds held by 8ertehCisry.!t the 7iuSt Properry�5 sold under the powe�ot Sele o� the Trust Property rs or.'^.eror�se acqurred
<br /> by Benehcrary. Beraehe�ary shap appty,rmmed�atety pna to tne sare o�the Trust Propeny a ds acqws�non by Ber.er.c�ary_ any Funas
<br /> � hetd by 8enet�c�ary at the hme ot app6cat�on as a c�edd aga�nsr!he Indebredness it 8enehc�ary executes a wnne�viaver o�Trusro�'s
<br /> , abl�g80ions unde�tt�rs parag�aph 4 T►ustor couenants and ag�ees ro pay.hefo�e the same become dehnquent.a1�raxes assessmenrs.
<br /> ! s: . .•u•;,�. v,.t„r�n,.�
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