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<br /> RECORDAYION REQODESTED �VV:
<br /> Ke.�►s�e����,�comaam ���► �0�3�i � � �
<br /> 9016 Seeond rAveplue :
<br /> PA.Box to30 / . ' �'
<br /> Kea�►er�NE ee8se (G "
<br /> ��.��,�Q,,� ��' .l`
<br /> Keamay State Benk d�Tn�st ComA+�Y .;c'�1 �
<br /> ,•,. .;
<br /> � 9D16 SECOnd AYenue ..;�'"`'�:....: .
<br /> - PA.8ox 1�30 �;: • �;�
<br /> °:;. .r , KeertbY�NE eA�se �Y}��� .. `,+��•` : .' .�_
<br /> �r� � .ry``!�� 9END TAX NOTICES T0: ? '�:�,; ' •' "`r
<br /> „ ,_i:; a�� "''�?;,::u", , . �
<br /> , :,.�' Keamey State ear�ic&trust Compeny ;:���,
<br /> ��� �
<br /> .�`.:;• 9D18 SECmnd Aveotue ;,;,;�, � ..
<br /> PA.Box 9050 • ' �^
<br /> KeameY�� �� '�`�'
<br /> 8PACE A60VE THiS LiNE IS FQ13 REODFiQ81i'$QD3E ONLY '�"' '
<br /> ,V, • ;.'< _ -
<br /> . . ::�.,�y�:.:�..t�'� ._
<br /> : DEED OF 4RUST ��:`,;�: '.����.
<br /> ,
<br /> 7Di1S DEED OF TRU�V US DATED APRIL 6� 1994, among Edwarc� C. lNicM and Mary .4o WicM,Husband and � �
<br /> Wife�whose address ta 14 Musteng T�ail,KearQeay� NE 68847(ref��d to below as'Trustmr"); Kearney Stete . �
<br /> Bank&Trust Company,whose addresa is 301g Second Avenue, P.O. B�x 1830.Kearney. N� 68�48(referred . ��' �
<br /> � to below sometimea as"Lender"end somet[mes as"Berteflciery"); and Kearnsy StMe eank&Trus!Comparry, .
<br /> whoae address is 3075 Second Avenue�Kearney,NE 6804�(reterred to below aa"Trustee"). � �
<br /> . , �� H
<br /> CONYE�fANCE ANO GRANT. Fa vatuebte aor�atderation,Truetw eonveya to 7rustee M truat,WITH ROWER OF 8/1LE,tor the beneftt of �
<br /> Lender as 0eneftctary,ail of TnrstoPa rtght, NUe, and interest In and to the fo�owtng described reat property,together with ali e�dstlnp a � ..-'-�!
<br /> aubsequently ereCted or BfPoced buitdlnps,Improvements and fixtures;all easements,rlphts ot way,and appurtenanoes;atl water,vrater riphts and i
<br /> ditch dpMs pndudlnp stocic tn uttlitles wNh ditch or tMgadon rlghts);and aU other hb, Itles and roflts retatlnp b the reai r .fndudln@ �
<br /> without Umitetlon pil minerais,ou,aas,geothermet and slmfiar matters, loca4e�in�F�aQ Gour�y, Stete of Nebreapka� Rea� i
<br /> PPO�arty"): � � 1.�%�'
<br /> ,
<br /> Lot 4 and 61n�tock 6,in Unhrersity Plece an addiUon to tPce Ciiy of Grand island,Hell County,NE ' r ��
<br /> The Reel Properly or fts addreas is commonly known es 2327 North Sheridan,Grand Isiend,NE 68801. , ;,
<br /> Tnistor presenty asslgru to lender(also known as 8enefidary fn thfs Deed of Trust�ell of Trustor's right,tlde,and interest in and to eil present and �
<br /> tuture teases of tha Property and ati Rents irom the Property. In addttlon,Trustor grants Lender a Unitorm Commerclal Code securlty interest in the ,
<br /> Rents and lhe Personat Prope�ty deflrted beiow.
<br /> DEFINITIOMS. The fofiowing words shali have the tollowing meanings when used fn this Qeed of Trust. Terms not othervvfse defined tn this Deed of '
<br /> Tnist shall have the meaNngs atMbuted to such temis in the UnNorm Commerdal Code. AII reterenoes to doliar amourds shall mean amounts In �
<br /> , IawWl mortey of tha United States of America.
<br /> 8eneftdary. The word'Beneficiay'means Keamey State Bank 8 Trust Compeny,ils st�ors and assigru. Kearney State Bank�Trust
<br /> ��•i�:?�. � Compar►y atso is referred to es"Lender'in this Deed ot Trust.
<br /> � Borrower. The word'8orrower'means sach and every person or entlty siening the Note,Induding without Ilmitation Medley Electric Motor
<br /> Service�Inc.
<br /> OCet!Of Ttutit. Th9 wOrds 9eed of Tn�sY mean this 08ed of Trust among Trustor,Lender,and Trustee,an0 InGudes without Iimitatlon all
<br /> asstgnmr3nt and security fnterest provisior�s relating to the Personal Properly and Rents.
<br /> E�fstln�In�abtedness. The words'Ebstlng indebtedness'mean the indebtedness descrit�ed bebw In the Epsting Indebtedness sectlon of
<br /> thl5 Deed of Ttust. -
<br /> Guerantor. The word"Guaranta"means and�ncludas wdhout Iimitation,any and alI guarantors, sureties, and axammodation psrtfes in
<br /> conneclion w8h the Indebtedness.
<br /> Improvementa. The word'lmprovements'means and indudes without timitahon alt e�6sting and tuture tmprovements,fatures, buildir�gs,
<br /> struatures,moblie homes affa�ed on the Reai Property,fficilities,addirions,repiacemenls and olher construction on the Reaf Prope�ty.
<br /> Imlebtednes3.The word"indebtedness mea�u ali prindpal and Interest payabie under the Note and any amounts e�ended or advanced by
<br /> lertder to discharge obllgaUO�of Trustor or expenses Incurted by Ttustee or Lender to eMo�ce obl�gadons ot Trustor under this Deed of Trust,
<br /> together with iMerest on such amounts as provlded in this Deed ot Trust. In addidon to the Note,the word 9ndebtedness indudes aIi
<br /> oblinaUons,debts and ifabiiitles, pius interest thereon,of Barower to Lendet,or any one or more of them, as well as a�l deims by lender
<br /> egaGist Borcower.ar any one or mwa of them,whethar now ewsting cr heresfier arfsing,whether re:ated a unreiated to the purpose ot me
<br /> Nota,whaU�er voluntary or olhervvise,whether due or not due,absolute or contlngent,Iiqutdated or ursliquldated and whether Borcovier may be
<br /> Iiabla indivldueliy or Jointy wilh others,whether obligated as guarantw or olhernise,and whethar recovery upon such Indebtedness may be or
<br /> hereaHer may b�rree barred by any statute of Iimitariorn,and whether such l�debtedrtess may be or hereafter may become otherwise
<br /> unenfOrceable. SpeCifiCelly,with0ut Iimft8ti0n,this DeBd of Trust seCUres,tn addiUon to the amoun�s speCified in the Note,ail future emounls
<br /> ° LertCer in tls discredort may Ioan to Borrower,together wnh all interest thereon.
<br /> Lern�er. The word'LOnder"mesrs Kearney State Bank 8 Trust Company,fls suxessors and assEgr�s.
<br /> • • Kote. VP+e wOtd "Note"mEtres ti12 RIo4Q deted Aptt18. 199t,in 4he principat amour�t of 515.154.00 from Barrower to Lender,
<br /> � ' togethar wftt�el�rtewais.extensiorts,modificeHOns.refinancirqs,&nd subsdturions for the Note.
<br /> Pu&onai Propertyr. Thn wads"Personei Propsrty'mean alt equfp:nent.fixtures.and other arrides of personat Property �ow or hereafter
<br /> owned by Trustor,and now or hereafGer BttaChed or affixed to the Reat Property;together with atl 8txessions, paAs,and addirians to,att
<br /> . replacements of, and ell substitutions fat, any o}such propery;and topether with ali prooeeds pnduding without Ifmitation alt insurance
<br /> proceeds and refunds ot premlums)trom any safe or other disposftion of the Rraperty.
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