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<br /> DEBD O�TRUST'iIYfTN FiJ4URB A�VAN�E3 �����
<br /> �� 7HI9 DEE9 QF TRUBT.la mad�es o!th��9#h—day of _�- _,1��»by artd�monq
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<br /> -_°-'���.:�� the Truator.� � _-
<br /> ""��`�V'ws 91 Johason Pl tir�nd Island , 6�'����
<br /> _,�_�.-�;:^».`_�� whoao matQng addreaa te ...L_ ihsretn Tr�r, or mon).
<br /> �rce�.�� - the T(Ub180.. �}11�/-°wiilw� • ��i'�� COi�OiR�.1°" •
<br /> .-°-�.'�•�a��.�""" whose mailing address le P.O. Bax 1:+�+7 Q�re�Q Io1+aR61. �!E G'�-r.^a�2 (henfn"Yrua4eo"1.an� `�- .-,-- ---:
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<br /> th8 B81lEflG18fy o�. �..�..aa ooe.�5 _
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<br /> - .} . , , •�� hereln"Lendet'
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<br /> � � � � whoae mAfHng eddreas ia 2�14 W- Breadrril 6rand I�lae�d��l � 6BBe2�1�7 _ ( �.
<br /> �' FOR VAWABLE CAN3IDERATION.inoluding LendArs extenelon of credit idenUfted hereln tO���MiA Consts�uation Irta
<br /> - '. , - s rat1RR [;OODYIN (herein"Bor�ower'.wh9lher one or more)artd fhe truat heretn created.
<br /> the�eceipt ot whlch is hereby aoknowtedged,Truator hereby ircevocabiy gran�.transtere.corneya and aaslpns to Truatee,IId
<br /> � � TRUST,WITHPOWEROF3ALE,fortheb�nemartdsecudtyotLender.urtderartdaubjecttothetermsandcondf�onsherolrtritterbet _
<br /> brth.the reat property deac►ibed ae bllow�
<br /> LOT NINE (9), BLOCK TWO (2), CQ�ONIAL ESTATES TENTH SUBDIVISION, __
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<br /> HAl.L COUNTY, NEBRASKA. ---��
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<br /> ,. Together with atl bufldings,improvem�nts.flxtu�es,streeta,alleys,passageways,easemenls,�ighte,pdviteges and a�purte- ���_:
<br /> nances located thereon or in any�afse p�rt�iMng thereto,and the rents,ieaues artd protits,reversions and rematndere thereof.and ' ••'� ��`=���
<br /> � suah personai property that ia attaof�ed to the(rregrovemerNs so as to conaUwta a flxture,inctuding,but not Itmitsd to.heatfng and '`� •''��'
<br /> ' .. cooling equipmer�and toQ��fher with the homestead or marNsl interes�,N any,which interests are hereby reteased and vre�tved;ait °�' ?�"'
<br /> �,i: . � of whloh,inaluding repiacmmerns and additions therato,is hereby dectared to be a part of the reat eslstesecured by the Ilen of thia �� : .• ;,'�--
<br /> 08ed of Truat and sii of the foregotng being�etorred to herein as the"Propert�/'. , '-.,—
<br /> � �4 . .:9iii�Si!':- _._
<br /> � Thia Dead of Trust ahail seaure(a)the paymen4 of the principat sum and intereat evidenced by e promissory note or credit . .-"' -
<br /> agreement dated �,�,�,..L9tA 1944 ,hevtng a maturfty date oi �ate6er�18th 1994 �, +;
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<br /> • ..:
<br /> � • !n!!ss orlglne!prin�lpE!ersseunt et R 116.000.00 _ _,and any and eil mod�icaUona extenaions and renewats ��.. ,�
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<br /> thereof or thereto and any and ali tuture advanmss and readvances to Borrower(or erry of them if more than one)hereunder �
<br /> � • �•�'��� purauent to one or more promlesory notes or credlt agreements(hereln cailed"Noto'�;(b)the payment otother suma advanced by • ,
<br /> .� .�,...:.
<br /> ��t;� ' Lender to protect the security of the Note;(a)the p�dormance ot ati covenanta and agreementa of Tnistorset to�th herein;and(d)ali � "'
<br /> • • present and future indebtedness and obligattons ot Borrower(or sny of them if more than on�)to Lender whether dlreat,indirect. '`•'�
<br /> ' ' absotute or conUngent an�whether arising by noto,guaranty,overdreft or otherwise.The Note,thfs O�ed oi T►uat and eny and all
<br /> other docuents that seoure 4he Note or otherwlae executed in connection therewitt►,inciuding wtthout Itmitation guaranteee,security :•,
<br /> ' ' agr8ementa and essignme�ts of lesses and rents,shall ba referred to herefn es the"�oan Dxumente". t�
<br /> Trostor covenants and agrees�vlth Lender as toltows: =-` .
<br /> � 1.PaymenQ o!IneEeMedeeis.AII indebtednmsa secured hereby shall be paid when due. ,
<br /> 2.Tf41e.Trustor is th�owner of the Property,has the right and authority to convey the Property,and wanants that the Ilen �
<br /> created hereby is a first and prior Iien on the Properly,except for liens and encumbrances set forth by Trustor in w�itfng and `'
<br /> deiivered to Lender before execution of this Deed of Trust,and the execuUon and delivery ot this Deed ofTrust does notvio(ate any '��—
<br /> contract or other obltgaUon to which Trustor Is subJect , 't��°�`
<br /> 3.Ta�.A�sessmenta.To pay betore deiinquency all texes,speclai assessments and all other charges againat the Property �,.�!? �
<br /> now or hereafter levled. '"'�'�` �-�
<br /> 4. Inaurence.To koep 4he Property insured against damage by 8re,hazards Inciuded within tPie term"extended coverage",and ` %f.�!�'��"� "-
<br /> • such other hazards as Lender may require,in am.ounb and with companies acceptaWe to Lender,naming Lender as an addfUonal `�'-`� '�
<br /> , named insured,with ioat�payable to the Lender.In case oi loas under such po�icies,the Lender is autnorized to adJust,collect and '�°�"`� �� �'�
<br /> •• ` � compromise,ail ciafms thereunder and ehail have the opUon of applying aIi or part of the insurance prxesds(i)to any indebtedneas ��' `:��'���� � �'
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<br /> . secured hereby and fn such order as Lender may determine,(if)to the Trustor to be uaed for the repair or restoratlon of the Property .
<br /> ' or(Bi)tor any oiher purpose or object saUafactory to Lender without aHectlng the ifen ot thfa Deed ot Trust for the tull amount secured ,�'`.;'i��
<br /> hereby before such payment ever took piaco.Any apptication of proceeda to indebtedneas shatl not extend or poat�wne the due I
<br /> date of any payments under the Note,or cure any defauit lhereunder or hereunder.
<br /> 5. Eacrow.Upon written demand by londer,Trustor ai�eli pay to Lender,in such manner as Lender may deaignate,sufffcfent I
<br /> sums to enable Lender to pay as they become due one or more of the tollowing:(f)atl texea,assessmenis and other charges againat I
<br /> . � the Property,(ii)the premiums on the proRorty Insurance required hereunder,and(ilf)the premiums on any mortgage insurance � , ,,
<br /> . ' � required by Lender. ��
<br /> ' ' �' 8.Mairttonance.Rep�iro and Comptian�with Laws.Trustor shall keep the Property in good condition and repafr,shait `�;•,,.:�'
<br /> • prompdy �epair,or repiace any improvement which may be damaged or destroyed: shali not commit or permit any waste or
<br /> '�%�, •r�� deterioration of the Proper4y;shali not remove,demolish or substantlally alter any of the improvements on the Properry;shail not :
<br /> � ' commit,sufter or permit any actto be done In ov upon the Property in vioiatlon of any taw,ordtnance,or reguiatlon;and shall pay and �1'
<br /> promptly discherge at Trustor's cost and expense alt Ilens,encumbrances and charges�evied.Imposed or assessed against the
<br /> ProRerry or any part thereof. , .
<br /> 7. Eminont Oomatn.Lender is hereby assigned all compensation,awards,damagea and other paymenLg or reliet(hereinafter
<br /> ' "Praceeds'�in connecUon with condemnaUon or other taking of the Property or part thereof,or for conveyance in Ileu ot condemns-
<br /> tion.Lender shail be entlUad et Ita optfon to commence,appear In and prosecute f�its own name any action or proceedfnga,and �
<br /> shall also be entltled to make any comprorttise or settlement in connectlon with euch taking or damage.In the event any pordon ot
<br /> the Properry is so ffiken or damaged,Lvndar ahali have the optlon,In its sole and absolute discr�tion,to apply ail such Proceeda, :' `
<br /> aRer deductlng thereftom sil costs and exponses incurred by It in connecUOn with such Prxeeds,upon any Indebtedneas securad •;, �
<br /> hereby and in such order as Lender may dotermine,or to apply all such Prxeeds,after such deductlons,to the restoratlon of the '
<br /> _ Prooertv uaon such conditlona as Lender may determine.Any applicaUon of Proceede to indebtedneas sha�i not extend or postpone
<br /> , � 1 the due date of any paymenffi under the Note,or cure any defauit thereunder or hereunder.Any unapplled funds shaii be paid to
<br /> � Trustor.
<br /> : I 8. Pedormanco by Lender.Upon tho occurrence ot an Event of Defauit hereunder,or it any act is taken or Iegal proceeding
<br /> 1 commen¢ed whiCh materially aHecta Lendor's interest in the Property.Lender may in its own dlacretlon.6ut without obilgation to do
<br /> so,and wlthout notice to or demand upon T�usto�and wfthout reteasing Trustor from any obllgation,do eny act whtch Trustor hes
<br /> • ag�eed Dut faits to do and may aieo do any other act it deama necessary to protect the security hereof.Trustor ahail,immedfatety
<br /> � upon demand therefor by Lender,pay to Londer a�l costa and expenses incurretl and suma expendsd by Lender In connectlon with
<br /> the exercise by lender oi the toregoing righCB,together with Intereat thereon at the defauit rate provided In the Note,which ehail be
<br /> added to the Indebtedness secured heroby.Lender ahali not incur any Itabiliry because of anything it may do or omit to do
<br /> , hereunder.
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