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<br /> ��,` � FOA VAWd1ELE CONSlGERATIOi�.i�ludtng Len4a�a ex�er�lon ot credit idenUAeO her�in ta Qe G_ ,�azev_a,� • �� - :
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<br />— � '<r� f1,.A.....�.Cw ■ D..�a : .—.. � �6?@�Q"Borrow�;+erhethsr ane ar ma�e�and ths truat herein craa�. � c '�. -`-
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<br />�- � _ .. . TRUST.WRHPDWERO�SA�E.WrtRebenefitandsecurityotlendar.underandsubjecttotleeis�maend�ondi�an�herelnaS"O�raei `' . _ ----
<br /> • �� '� fOM.!he reaF prOpetly.de3cribed es to110�►x �� ��* �' •; -
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<br />_• •"::r�. � tot Faur� , Iaj. Ctwdwin Subdivistan, ier the C[ty of Crand Island, �!a!i County. .i . " __-_
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<br /> ,°• L' 'rfvSefAer witlf ail buitdtngs,tmpraYementsr ft�RUrea.atreets.eiteys�passagaxraya easemartts.riSMs,Pfiriteges end appvrte-, , --
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<br /> .�.'� . :�•�,.^�•.,.,--... - .-.- �f�iti�taa�aL�d therenn�arin-anywrise-peitainin9�8tareto:art�f tha rorns:�ssuesand profi!&raverstans end�em.ain�ers.tttereoL artd- -. . .__ � �'. � -_
<br />� ..,, ` �•` �.„. .. suab personal proparty fhat ts aitacRe6 t�the improvemer�t�t so as fi constitute e fixture.inetuding.but nat limited tv heating and . �� �".-___.
<br /> — eoof€ng et�utprr.sr�&nd�cgeY�te.s arttA tha t�omss�ad or marital interesis,ii any.whfch irnerestsare AereDy reteasaa and wa[ve4 a11 ;,,;„.
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<br /> , � oiwhtch.inctudtngreptaceti�entsan9additlonsffiereto.iaherebydeetaredtobespartoftherealesm�secu�6yQ�ellenoi9tfs V ,���_--
<br />� ;' �� OeeO o1 Tast and e11 of�he foregoing Oeirsg reterted to hereln as the"ProDertl�= �
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<br />��� ' . .. � , TAis Qaed o!Trust shail secure(a)the paymerR of the pdncipal sum and interest evldenced by e P�misSory note cr eiedit �'`; °`
<br />��. - - , egreement Qated .��p^'h°'' 31, 1993 having a maturity date of ��ber ?.9 1994 . ``. � �� _
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<br /> ,• ; � , � �an nr a nn artd;fitt�t and all modiflcaUons.c�snstono and re�ai9 � . �`.-'�
<br /> - r�:�.. ,.:-�- 'af ' - in�►a odginaf prtncipal arnount ot$ ..,....T..-..�. � ; �'���,,.... ;��?�
<br /> - ��•. : .•�.:s:�.��:,,:- � . . ��cr ther�eto and arry aisd a[I tuwre advances and readvances to Barrci�der(o�any of them if more�►an erto)Brereunder ; ,Y
<br /> •::.;��.�1�:�•�� � puisr.�a�tYto one or more promis�tcpytrFOtes or credit agreemertt�(l�sain caited"Note"►:(b)the payment oi ather sums�QVanaad E�/ ` • �;;�,+ �
<br /> ` .�;��ruY���i;;.�.. Lan�r!t3�rotectthesecunh►oft�qziJt�te;(e)theperformanceaial[Eavenantsandagreemenl�ofTrustorseltorthhe�tr►:ast�L(�all ,•r:.: ,�, ' .
<br /> '�� � �`""}, ���:, ,:,� :, present and tuture indeMednesBi3i�t�t�bpgaUORaof�oROwer(or any ot them if more than o�e�to Lender whetherdirec�Indineet • � �•
<br /> � _ ; ; >;, ,, ebsalute or corttlngent and whqO�a�ising by nal�guaranty,overdraft or otherwise.The Piote,this Qeed of Trust and arry and etl
<br /> •--'�--"--- -�-- • otherdocuentathatsecursthe1Va43arotheYwise�aecutedinconnecHontleerewith.ioctudingwithoutqmfmtionguarentee�seeuriryt ---...----. -I ./'� ,--
<br /> : � •.••. ••. � agreements and�signments of[�ss�es and rents,shall be referred to Rerein as the"Loan Documents". • ;
<br /> i � " • Trustor cavenar�end agrees�fith Lendet as toilow� • � � •
<br /> � 1.RayrtNt►t o1 tad�bt�dnas.Ail indebtednes3 secured hereby shall be patd when dae. , - ,. ;}� ;-;�
<br /> s = . �'� � � 2 Tfg*.Trustor is Ne owner of Ehe Propeny,has the right and authorlty to convey the PropeRy,and warrants that the lien ���"�
<br /> � � created hereby ia a fitst end prtor IIert on the PropeRy,except tor Itens and encumbrances set forth by Tn�ster in wriUng and `��I���
<br /> t � � deliveted to Lender beta�e execution otthts Deed of Tmst,and the exeCUtion and delivery ot this Qeed ot Toustdoes not vtotate erry r'
<br /> ;. � ' . •' coc►tract cr other obitgatian to whtcf�Truswr is subject . � ��
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<br /> : . .s,;;�L;�_. : ,. a�.fi3s�cq,Affss�manb.To pay before delinquency atl ta��special�s�,,^�ents and ell othar charges against t�te Property . :'l�,;,:..,: '_—
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<br /> , .�?,:;�,�r1 �Q�a�t�tarareafter tevled. ... . � . � •
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<br /> :p.IF�Lranc+:TokeepthePt�► suredagainstd8maga3�y�ro.h�bt's{�.IudeQl+�fi3sl.i�.siteterm�rdertdes0a+i�$9.and ;:�4�l���,,'...:. � � '-
<br /> " � such oltter hazatAs,a�al.ender may�aquire,in amounts and with companies�Zabte to'�dar.nam��t:ar.Qer as an addittonal `'�:,�,;:�,,: �:%,t:�rf�°��
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<br /> � �� named insured.wi�J'rass peyabie to the Lendar,in case of foss under such�cli,�es,the Lender is authe?�ic�i`•t'A adjuat co�teet 8nd � �, ''"��`"�"_
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<br /> � � ' • compromtser,ailc�4hereunderandshatlhavetheoptlonofappryingallorpaROftheinsuraocepraocc�l.x4f}:�anyirtdebtedness ,�.' : �' r���_
<br /> � • •:"�'r` secured hereb and in suc1�otdec a8 Lender may determine,(ii)to the T►ustor to ba used tor Ehe repair CT�r��i3"1on of fhe Properly � . .
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<br /> or pii)Tor arry other purpose or eC�ett saHsfactoryto Lender withoN affecting tha lien of this deed of Trusii�r�e futi amount secuted �'���-
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<br /> - . � �' . hereby before such payment��'sok Place.My applicaUon ot proceeds to indebtedne�.shatl noi erlend or pos�one the due , , _..._ '•-
<br /> .• '" ' date of any paymsr�a cnQer Cha p:qte.or cure any deisutt thereunder or hereunder. • , .
<br /> • 5,Escroyv,tE�rr>��tt¢7 dCrhand by Lender.Trustor shatl pay ta Lender,in such manner as Lender rtr2y designate.sufticient � • ���
<br /> � � sums to eneble Le�4o pay�Gcey become Que one or more of the tollowing:(i)all taxes,assessments�.isd other cha�ges against � 'U_
<br /> � "�� the Fra�teRy.(i�the premiurta9 cut tl�e p►operry insurence requaYed hereunder,and(iii)the premiums on any moRga�9 insurance ' ,
<br /> ` . . requtr�by t.e�der. � ,.,�t � �
<br /> � ,::-;i;:. •• 8.MAalnt�n�nc�.R�paira'.�Kli�ompiianae witA Laws.Trustor shail keep t�e PropectJ�ie good eondition and repalr.shafl :`••'s:l?c.�� '• .;
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<br /> ' :•�•::; ` � prompUy repalr.or replace ar.y k:rcprovement which may be damaged or destroyed:sha!F abt comrscit or permit any waste or � , , , : . . ;
<br /> deterioratlon o1 the(�i�gortyr,sh811 noi remove,demollsh or substanUal aiter arty of the i� cqv��rtents aa tl�e Preperty;shail nat E � � '
<br /> . . . . • ry � �'";:..-.-
<br /> • �,�i�;;�,�. � � commllsuHerorpeKmfxa►ryacltobe4oneinoruponthePropertyinviotationofanylaw,ardia�as:ce,qr'�rulaJion;andsfiatlpayand j ', ��l(�1;;;�+;'��;f.- t
<br /> �� �'��;�t•;` ' ' ' promptt�/discharge�t 7rustors w�t and expense ail tiens,ertcumbrances and cha a��(avti�d;impased or assessed 8g8inat the ��� �'�'"��'`'
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<br /> . ,,��rti�;��,�";: pro�cAy or any paR thereot , �
<br /> • ,•'�:�fs�' � 7.EmUlnt Oomatn.Lender ia t�ereby assigrted all compenseUon,awarda,damages aisd other paymenb or refief(hereinaRer i ��
<br /> �.:
<br /> . °praCeeds'�in connection wlth condemnaUon orothertaking of the Property qr partthereof,ortor conveyance in lieu of conQetnna- ; �
<br /> ' � tlon.lender shail ba enUtted at(ts op8on to commence,appear In and prosecute in ite own name any ecUOn or proceedings,artd ; ''."-
<br /> `r � � � tsl�ap also De entl�ed to make any eamAramis9 or setUement in cennecUon with such taking or damag�In the event 8rry portion ot � . •
<br /> " ;#;± • the Preperty is so taken or damaged.Lender sh811 hava the opUon,in it9 sote and absolute discretion.to appty all sucfi PreceeQs, ••.
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<br /> � ;, ' . aft8rdeductingtheretromalleostsandexpensesincurcedbyitinconneetlonwithsucbProceeds.uponanyindebtednesssecured � ' �
<br /> hereby and in such order as Lender may Qetermine.ar to aApty all such Proceeds,afier such deducdona to the restaratton of the
<br /> '� � PropErtyuponsuchconditloneasLsndermaydetenMne.MyapplicatlonotProceed9toindeb�dnessahailaotexten�orpostpone
<br /> '° the aue dateof any payment9 under the Nots.or cure any detault thereunder or hereunder.Any unapplied funds shall be pafd to � ..
<br /> ;� �� . . . . Tn�smr. �..
<br /> 8,pa�fatttifnt�by L+�td�r.Upon the occurrence ot en Event of Oetautt hereundar,or if any act Is taicen at tegal praceeding � '
<br /> �� . ' � , ' eommerscedwhichmaterlallyeffeebLendefsinterestinthePraaerty.Lenderm8yinitsowndlscreUon.bulwifhoutoflligaUantodo � p
<br /> �� � • so.anA wrihaut nottee to or dert+and upon Trustar an0 without reteasing Trustor from any obligatlon,do any ael which trustar Aas . �;:
<br /> . agreAO but t8ita to do and msy etso do any o!l�er 8ct R deems nece�sary to protect the securlry hereol.Trustor shail.immediatety
<br /> - ; ;� � � • uponQemandthoretorbyLender.paytol.endereflcostsarsdexponseslncurredandsumsexpendedbylenderinennnecUonwiN � .
<br /> ,� "'�' . th98x8rcisebyLendero}th9toregoingdght�togetherwitAlntereatther6onatth9defautt►ateproviQe0lntheNo2e.which8hallbe ,
<br /> j • . • adae0 to tho IndQbtedness sscured hereby. lendet shatl nat incur any Ilabllity because ot anything it may do ar omit to do . �.
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