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<br /> _ •�.��,_a.� � for in ths Yru�t O�c,d{ttovidw MiAt�t�nit�lly d111�r�nt ripM��nd al�li�etlorn to tM Bnrrnw�r th�n�mons�p� in 1!w*vsnt af r ddwlt a Mr�ah ol
<br /> obMp�Hon. 7t�unsl�r�iorwd furtMr nprNRnN rrw!�prMr tf�t NJ�cri4ticatiun hw�bon�a�ct o�xi�x�r.utud In ao�wwauon wiih Lwt p�lor lo llw
<br /> — unds�cip�w�d'��xsoution ol tM foMowirw 7n+�t hr«!.
<br /> , �--------- -- F�?!!0'T'Y I.�AN�'HUST DEED
<br /> TH15 Tl1U3T DEED Is mw1�tN��„_d�y ol .Iurie ,19 �J4,by�td buww�n IM T�u�to�,
<br /> _ __, Aar�, K_ SullivaYl and Mvrna,.,�, Sullivan, hueband end wifer ,_____
<br /> ,, -- - � _iMrNn"Borraw�r'►.
<br /> �p who.•mritnp a:tdrea.i. „Z52� StaQecoach Rd . Grand Island, Nebraska 68801 -
<br /> ��= MxIHroTi�r A,�nti Nat. na1 ,B,seoclat�,Q�. Omaha, Nebraska ct,.►e�n�rn,rc..~I,.nacn. `s
<br /> �Y B�n�fieiWy,fln7i�► Ba�� utor��.,n], Aaao�ia�nn� Amah�_.v�ho���}Any�ddrusi�� ��arn8m StieCt.
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<br /> BORRQWEA,ln aansid�i�Uon ot tlw Indd�tMn�Ra h�rNn��cit�d and th�truat h�rein oreuod,itrevonebly yunt���d aonv�y�to Tru�t�s,in trusf,
<br /> WiTH TNE FOWE�I OF SALE,tM foUowinp d�sorib�d ptop�rty loo�t�d In th�County of Ha 1� _,St�t�of N�br��iu:
<br /> Lot 25, Block 3, Olde Mille Subdivision, C3ty of Grand Islsnd,
<br /> liall County, Nebraska. __
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<br /> � .���':=Y'�� TOf3ETHER with e11 Lufldiop�,fixtures sod improvsmsnts now w hsroattor erooted thereon and di dphts•ot-w�y, eesemente,rente,(s�ws,prafiH, __
<br /> '?'!�'�!`,, ;:'.�•''" � (naom�,temm�ntr, hersdit�tn�nt�,pdvil�pes,sppurtmenas,toynitles,�nd minerel,oil,qes erd wat�r riphtn thnreunto belonpin�,uasd or enjoyed
<br /> +�? �+.���- with sald I�nd or eny p�rt tho�of,�nd th�hom�st�sd or m�rita Int�rest�,ii any,which intetssn ero hereby tal�esod and w�ived,and all of�nhich, ,
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<br /> �.•:�•+.•. � Inciudin{� npl�n�msnt��nd dditlo��th�reto shNl bs daemed Lo be end rem�in�pert of the property covrred by thln Tru�t Daed;�nd ail of th�
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<br /> "„r. .;;, �:;�� fonpofnp tap�th�r with s�td property�re her�in ref�rrd to�s th�'Property.'
<br /> !!' ' .'-�S: �+4.2!��;
<br /> ���` ��r:';�` TO SECURE to L�rx)er the rspryment of indebtadnass�vidsnaed b�Borrowee's nots dated June 6 , �g94 ,tn�;,th�r
<br /> 1 �t Y'�u.�w
<br /> ' . ,: � . with�ny�nd nit rsnew�l�,modlHaatlom,end sxtar�lons thereof and eubstftuticne or exch��pe�thenfor,f,Ausora�dfett�d to a�th�'Noto"t;n�the ._
<br /> �'''•� �inci al sum of S ���-�4 ,topether with Intarest at ths rat�prav��ud thurein,with�finsl rt►�turity,it
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<br /> ' �,�i.�;: 1� : aot�oon�r paid,of Tune .�b ,19 97 ,and es seaurity tot�ny tutuae acfvsncas thatlnny bu medn by Lender to Bonower
<br />- _rc�.. ' ', trom tin»to Ume arrJ os eecurity Tor tM psyme�t of my snd dl other indebtndnose of the Borrower to 4ho Ler.det whieh mey erise,all ot snid s��me ';y,,
<br /> ',", � not to�xced in the sppnp�i��tum squal tu thraa tim�e ths oriqmal p�lncipa!amount of ths obove ncited tUc:e.
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<br /> _;i.�,� , '-;�`1r,? BORROWER Qownant�that Borrower ia lewfulty aai7�d of the Property heroby convoyed snd ha�the dpht to gront unrl convey tfie Propeny,thet the �.
<br /> ', ��;`-,;'; ', Proy�rty b unem:ut,nbend by sny mortpape,ttuet deed,contra+c!W purcha�e,or otherwise,encept for a f-i rr�t Dee�� �f TrLBt
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<br /> �;;i-;-..---- in fevor ot Firs3'a.�r Bank I
<br /> •�•• • •� •� " ' . Borrower cov+�nnntn to oomply with dl the terma •
<br /> t � •k�,:;�• on wMoh th�unpnid bdmce on thls dnts doef not exceed 0 � • -
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<br /> ;�'-•��� - • •- end provislonf ot eny prior mortyap�,trutt desd or eontraac to pu•ehose,upon the Propeny end to mok�eF��r��^nentn therson betors thay ue�v���� ,
<br /> t=;�-'- - • : �� � dstinqu�nt. If no n�me or emamt is I�ae►tsd in thle p�rapreph,then Borrower covereante that thete ere no{�r°cr�irinn af eny klnd upon the FrcpertY•
<br /> �`wii�'�,S `.v'",.' Burrower turther covanent�to wsrnnt erd detsnd the dtle to the Y�operty epafnflt alt cleims and domenclt. �
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<br /> � �� °��,`:;1`"`+'-„ Bcrrow�r�nd lender lurthet aovenant n�d aproe ae(ollowe:
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<br /> - " . " 1. 8orrow�r shtN prcmpdy pey when due the prineipel ard interost on the(ndabtednoss er.d�aeed by tho Noto.
<br /> . ��°� �c: ��,�;"'�``j 2. At leaat t�n C�ys b�ton thsy become deliir�:vr.t,Boaower shrll pay aU toxcts ond speciel essessmomm[etic�J ur asses�ed ognmct tha C�c;•nty,
<br /> �� c �� r' '1t'� ar eny psrt thsreof,end ell t�xea,tevisn e�xi�ssmsmente Isvied upon thia 7rust Deed ar the de6t whlcfi it nec��ros.
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<br /> ., .:.r;'=` •=.',;,' 3. dorrow�r xhdl keep tho impravernante end buildinpe,f�any,upon the t'ropetty msureo,vriin e company or aomperiss epprovaci'vy ii�o ierwiaa.v� ---
<br />_.s� E_ ,,:...:;,�::;;�.;, an�movnt not I�ss thm the unp�td batanae on th�indebtedrtese wcured Oy tMe Trust Oaxl with a sterxtard mort�eps ctauae with loas paYUblo to
<br />_.- ;���, ; :,;;L � the Lerwlnr. Borrower eheH dNiver seid policy or policl�s to the Lendar.
<br /> 'i;�ti''''.^;4-�' M tM�vent of�losa,Borrow�►�Aa11 pive prompt oot(ce to tM inaurnncs card��snd the Lender end fil�a wmol at Iosa.If the Botrow�r Is�ot otMrwise
<br />- =.�r�,��;��N in d�f�u14 tM Burrower msy N�ct to�pply th�incur�nc�proc��ds tu r�patr or c�plac�th�dam�y�d f'ropeery,�t acenomicdly t�eeibl�,�nd tM s�curity
<br />_ �zi,�-.;,-,....} ., qf tN�Trmt Oe�d would twt b�knpMred, tf th�Borrow�r h in d�twlt o��bctt not to npatr or replac�ths damp�d Property or ropsir or apt�cMnent
<br /> if,.; .w:�-;�f-�'�r� wou{d�at�cortomlr.aNy f�aibN or tM a�curiry ot thi�Tnt�t L7�ed would b�impeind then the Insuro�cs procs�ds sh�4v pp��ed to the taat m�twiny
<br /> �+�,.�.._,.f�;;;:. peym�nt�du�on tM Not�. If ih�ineunnc�pTCe��ds an In�xe��s of the tot�emount due on cr[d Nuio,tM�xcttt ehdl bs peid to th�8arrow�r.
<br /> •.���.�••�_;;,,:� . (naunncr proc��d�lor tepalr or apl�c�ment�h�t16�plec�d In escrow wtth ths lend�r end d�aDury�d by lender durinq er upun completlon ot auch
<br /> i ��`n.,��z,�:, t�p�Ir ar npl�cem�nt. If tM L�nder�cquins titl�to th�Ptopo�ty by exertisinp Its pow�r oi ael�r,foraclosun o�othsrw�s�, fn satist�Ct�ori o}th�
<br /> �«-�: r-.�, ind�t�drN»��curad h�nAy,in whote or in p�rt,then�II dnht,titl��nd Inter�et of th�BurroweNn�nd to euchinaur�nce puhoy or p�oliciee eh�ll pase
<br /> _ �:
<br /> to tlx+Und�r.
<br /> } 4. For the purpott of providinp�fund tot tM p�ym�nt ot t�x�s,epecfal aa:�ssm�nt��nd Iniunnc�pr�rWUme,Borrowar eheN depas�t with l�rxler,
<br /> , 4i��. „ on th�dat�t that paym�nts�t�du�on ths Not�.�n�rnount�qu�l to tM t�xaf,�ssca�m�nis�nd insursna pnmiums�ext du�loll a�e�t�metd by
<br /> ' tho l�nd�r,Iasa�mounts sln�dyd�posit�d the�etotl divid�d by th�iwmber of p�ymentt on the Note that w�ll become Aue prior to the dete when euch
<br /> tax�s,ne�nrrHnta�nd Imursrtc�pnrr�iums wi(1 bo�ome due snd pay�Ele. Soid fund�w�lt he Aetd by the lender in e��on�inte�nst baennB eacruw
<br /> • � accuvnt far tM purpose�a�t foett+�6ov�. (t Qh��rrtoun4e ut t�ese.lepaaits Are not sullicient to pey texee,itasaaxmente end insurence prcnnun+9 os
<br /> r � they beeom�due,the Borrower�haN upon requsat.pay lt�xler the emount n�ceasery tn make uR the drficiency.
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