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<br />_ - . . ` . DEEt!0�TRUB'F IN�TH�l�TURE A!!{dit�t� , . � V °
<br /> ; � -�-� ' YMt9�EED OF�HU9T.te n�s a�o�tl�� �_,t_�_..day a* .:.���. , 18.��:oy�nd arna�p .
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<br /> �`' i � ' -� theTruata� Qiva PoisfLs Bang� KaOra�ka..Cor�aration � i --
<br /> _ :<.s�:;�. _- � . P.Q. Bax. 13�9 Gra�� I�lan� HE 68882 � �"`� -. —--
<br /> " -r--- -��= wiiase mallir►g ee€8ress ts (f r9retn����aa6 --_ --
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<br /> -:. :.� �.� _� '. IFive po�ntis = - -
<br /> �� .....° 4 tRe Benefictary. � . � �----
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<br /> " '� . 2�ES fl. Brasdsoll li��ad Teland NB. 68882-15�7 �:_-�-- --
<br /> .y.'_ - - -`'- :c- whose maltin�addwss is ' (herefn"�erde� =-____--_---
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<br /> ; �"'•1 ' Y.� „` FaR VALU�IBlE Cd(VSIDERATIQM.irtcludla�g Lertd�s extens[on ot credit ider+tlfted Ael'etn to�ollts Iv�Et o,n __ --
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<br />_ , .:,::, 5 , . (he�resn°Sortowe�'.whether ane or mase)asid t�e craat f�ernie,��� i��� —
<br /> . ' •; �;`. ' •, 6ta er�cai�t af whteh is herebY ecknowledgeQ.TrusroT hereby iersvacabty Srants.transfere.aonveys r�d ass;gns ta T�d�l. o r��=`��"�'''`°:.—�-
<br /> 'f � . `�r �`. TRSdST.I�r`IIH��OF$AlP.tortttebene9tant�seCCUityofi.ende.underertd3ubjeCttOth0t9R11132RdCOfidi?�O1Ieh6�9itt^,�f�9Pt�t. '.1 , ` --_- .
<br /> ��. _, iart4�.tt��:J Rra�eti3,d�c►ibed as fotiow� =����"- __�
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<br /> �` < " � . , !OY TElREE E3�: LEENEIGHaS 4TH SUBDIVYSIOFJ, GRAND ISLAND, HALL CODNTY,.N�BRASKA ,c
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<br /> ,• ; Together wi�s�a'��Sftdings.improvements.fix�res.str�et�aIIsys,pa�rays.easemerKs.i�9t�.�i#r.�gas_an�a,�purt�-.;,.; ``-
<br /> ' r - ..�. _ - `::��:� -iigtf�b3 tta�ato,artd t�so�rertts„issueaand�te,teverstot►s aatc�tottis�ttdeis tt�er�of:es�.,;, ,�-t ;�� e� -
<br /> b ;1o2�tetltfC�itfiS�fn�Bnywrisepertafnin¢� , { -
<br />_ ' ` .. ' � suchj�asanalprope�tythatisattachedtofheim�rsvefierttss��stoconstltutea reinciuding,buEs�atttp�!;�eedtc�h�rg�fQ;.' . `� r��r���t{ -
<br /> ' � coofl�goquipmen�ertdtogetherwffhthehomestesdormariialee�tes4s,ifany.whlchinteresssareherefby,r��aseB��r�i.�.�`.,.�• '� , ,���'K�y�,_�__
<br /> • � olvut��includingrept�cemernsandadditlonsth.�ato.isherebydectaredtobeapaRoltt�3ce�lesta�spSjsafi�d�x��'i�?�`�"'.�q.;.;• 4,1�;f��[„, �f v�se�
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<br />; :: �__ .r� �;. • Ceed 4f Trust and att af th�toregotng Oetng ret�ca�oo heretn as the"P�aQ�• , •',.. � . .,F �Y�i.,��f�"� —
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<br /> ° � `� 's Oeed 4�Ynist shall secu►e a the a ertt of the rinct a1 sum seu��-�rQSt e�.denced b e scmisso nab cir credii � ` ���:�"���`' `� '
<br /> ; T�'4, ( 1 P !Im q P Y p rY 1;� ,;�,� .
<br />_ s���•,%4 E�����, .;� ttay 27�h 1999 . :�uae 27tA 1999 ���:; � _
<br /> 'FY��;` =?�.r;�, .. , ,agrc-�rrr�t�tt&� having a matwifyda:a� . ��
<br /> �`. ., . . . .� .. - 34.028.74 .� . , �,�
<br /> , ' 4br`'..:... . ,., .� : , ,.. s,,�=:.
<br /> � ;i,r�°.._ -. -. in ttt��lri$fial prcfe�amaurtt of$ .2c�d 2r�and all modtflcatlans.extenslons and tenawels -
<br /> - '� ' thoreof or thereio�any and a0 future advar�a�s artd readvances to�ccr�c+�r(or arry of them tf more ti�an one)hereunder `�'. � •
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<br /> ?• � ' . pursuarnto one or mmre promissorp notes or credit agreem�nta(heretn caited"Note'�;(6)fhe payment of ather sums advanced by � • -
<br /> � • " LendertAprotectth�isaeuri'tyofMOtVote:(c)theperformancootallcovenantsantlagreementaofTrustorsetforthhereta;ertd(�atl
<br /> . ' . present and tuture tndebtedness and obllgaUona ot Borrowev tor any c1 thQrn N more than one)to Lender wheffier direcR Ud(r�ct `' '�
<br /> aQsotute or cortHngent and whether aBSing by nots.guaran4y,overdrafl or otherwise The Note,this Oeed o1 Yrust and erry and al1 �: � �,: „
<br /> '" -�-•-;�� -. --, ' � � ofh�rdocuentsthatsecuretheNateorothenviseexecutedinconnectlontherewith,includir�gwithoutlimiffitlonguaran4ees,securriy - .- - ---- .
<br /> • . egreemenis and assignments o1 teases and rents,shall be reterred to hereln as the°Loan Oocuments". � �
<br /> � Truato�covenants arttl agre8s with Lender es failow� . � .*
<br /> _ „ • � �' 1. Psymfnt ot(nd�bt�dnQa.All indebtedness secured hereby shall bs paid whan dua. •� �
<br /> � ". 2. TIlt�.Truator(s the owner o1 the Propery,hae the right and aulhortty to convey tAe Properry,and wartanta that the tten . . ... ,�. :::�---�
<br /> • � created hereby is a flrst and prior 1(en on the Property,except for liens and encumbrances set forth by T�ustor in wdUng and ,: ���
<br /> ' , ' deliveredto Lendor betore executlon otthis Oaedof Trust,a�d the exeeuUon and dettvery oithis Oeed olTrust does notviotata ar►y �r'��
<br /> ,
<br /> . , � � contract or othof ob6iq�tion to which Trustor Is sufoject ��. � ,'"-�
<br /> :�{ ,: . '. ' 3.Tua,A�awn�nta To pay before deiinquency aii taxes,special assessments and all other charges ag�(nst the Properry :
<br /> .� '"� � . now or hereatter tecisd. ,��
<br /> ' � ': �� ,� 4. tnsuranoG To iceapthe PropeRy tnsured against damage by flre.hazards i�ctuded within the term"ex�nded covarag�',artd � - y"-
<br /> �� ` suCh c�r hatards es Lendor may require,in amounts and w(th companies accepffible to tsnder,naming iender as en addiUonat �`
<br /> j ` � .' � � namcd=rsureQ�1*�t loss payabta to the Lendet.In case ot toss under such policies,the Lender is authorized to adjust,coilect and � '��-•
<br /> ;�,� � , . , . '. ' � cpm�ar�r.•i^,¢;g7�r��re�thereunder and shatl havett�o option of applylrt a(1 ar praceeds(e�to any irtdebtednoss .�.��s�..,
<br /> g gartolthe insurance -� �.
<br />_.;� �;�, , .,; . � setc:?�N��r�!a,�?�`r 9uch order as Lender may Qc-:ermine,(ii)to the Truster tr�tre used far the repatr or�storadon of the Property � � �--
<br /> 4�-, ory"�r.)ff���f�a�prp;a�oseorobject`atiatactcr��c•...enderwithoutaftectingttelienofthis0eedofTrusttorthetuliamounisecured �:`�;__
<br />� t'� k�" •� �:�`�" � ' f:21'a�y�'��8�ca�z�ayment ever took ptace.Any appltcatien af proceeds to indebtedness shail not extend or postpone the dug --
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<br /> :. ; l.�:ry; . "-,
<br /> .. �, 02t�a��,�y pa'yr;a:.-�SS under the IVote.or cure any default ther�under or hereunder.
<br /> ' ` � 'S.�serow.tt�writton Qemand by Lender,Trustor shall pay to Lender,in such manner as Lender may designate,sufficient � - {�,�
<br /> _,:;J f '`� � • . � sumstoenabtel.�.�rrr•4opayastheybecomeduaoneormoreofthetollowfn�:��?etltaxes,assessmentsanCotherchargesagainst � ;J ��'
<br /> ' the Property,(ii�t1`�D"5miums on the property:n�e�rance requlred hereun�t�•�nd(tii)the premiums on srty moRgago insurartee ' ,;��,��;�fi f.
<br /> "�r. . � required by LertGx: . . � ;,�,1;,.,,��`.�
<br /> G. �t2��rt.�,Ca,Reaairs ana Canpfta�re�f�.t�Law�.��r shail keeA the PropeRy in good co�d'ition and repair,aAalt E ?:. ' � �,,;�t�
<br /> � ''� : . , ,.� pre;:npt'�r�Y�iz,,et,reptace any i�s raveme�t v►�ich may be cY��ageQ or dest►oyed; shall not commii or permit ac�r��or ; :.,;-.:j:': • ` ,,:,...r
<br /> �.i'. Q6'3�1'�l,''�"tiGYlO}�St�l�f0 •rt§;:�::' r.•�.
<br /> _. � perty;sha;i�rcr!remove,demolish oi substantlally atter any ot the�rrAravements on the PropeRy;F1s�id�rot i . . ,. • •�;,,;;���
<br /> >�. �r'� . .. , � commitsuiferor�m:terryacttobedoneinoruponthePropertyinviotatlonal2nylaw.or�r�ssee,orregulaUon;endahallpayand � � �f;'�s�,�'!�,.',
<br /> ''� � � :-j promptty discharge�t Trustor's cost anQ expenfe att uens,encumbrances and charges fev:ed,imposed or assessed against tho � � '" �%`-
<br /> 1� , '� PropeRy or arry paA thoreof. �' • � ' � "
<br /> ;'�,:� 7. Emimnt Oamatn.Lender is hereby essigned ail eompenseUon,awards,�amagesard•aiher payments or relief(hereinaRor � �i.
<br /> . ' ' . "Praceeda'�in connectton witb condemnation orothei taking otthe Properry or parttheroot,orfnr conveyance in Usu ot candemna- ��•�
<br /> �� Uon.Lender shall be entitted at lts option to commence,appear in and prosecute m i,s o�krt name any action or proceedings,and ' �;��,
<br /> '�' • ' ' ahall atso be enUUed to make any compromise or settlement in connecUon wit�such taking or Camage.In the event eny poNon of ! �}•;
<br /> - ", �,�?-• � ,. : tAs Property is so faken o�damaged,Lender sha!have the optlon,in its sote an.�absotute discre8on,to appty all suCh Proceed9. � ,.'
<br /> . �,,�.. ' . at0erdeducUngtherefromallcoslsandexpensesincurredbyitinconnecUonv�il�suchProceeds.uponanyindeDtednessseeureA ! •���-: �•
<br /> horeby and in such order as Lender may determine.or to appty all such Prc�eeda.efter such deducUons,to the resloraUon of the � ;+. • '�;i''
<br /> � iy� . � • ' Ptt►porlyuponauChcondi�onsaeLen4ormaydetermine.Any�j�pUr.aUonotprviceedatoind�tedneasshallnofextendorpostpone ; � �.;':;,, ' • _ •
<br /> ; ;� ; • th0 Que date ot any paymenb under the Note.ur cure any de'.�,�1.*.thereunder or hereund'ei.Any unapp�ted tunds shail be paid to - !-:,���� .
<br /> ,i' � .�, . .• Tiustor. ' ' • . . : r ti,' .
<br /> - 8. P�rtarmanas by Ltndar Upon the occurrenee of an Event of DeiBLit 1�3r9unQer,or if any act Is taken or fegal proceeQing , � . . '"-,. '.���
<br /> '•� j�� �•. , ' ' commencedwhtchmatedaltyaHectaLender'sinterestintheRroperty.LenQec�:3yinibowndiscreUon.butwithoutobligaUontoQo • � "' �� �
<br /> • so,and without notite to or demand upon Trustor and without reieasing TrusYar t�om any obiigation,do any act whlch Trustor hae • � '��`��" ���`
<br /> . � agreed but tatls to Qo an0 may also do any other aetit deems necessary to protect tho security hereot Trustor shatl,imm�diatety , �:; ;i; . . �.
<br /> f � �j� � � , upondemand fhoretor try Lender.pay to lender elt cosffi and expenses Incurred and sumsexpended by Lender in connectlon wiU► �r•' . +`j-
<br /> • • theexercisebyLenQorottheioregoingrights,tagether'w(thinterestthereonatthedefaultreteprovidedintheNote,whlcbaheilba '
<br /> ' i• • � added to tAe irtdeDtedn�ss secured hereby.Lender shall not inour any liablliiy because of anything it may do or omit to do , `
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