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<br /> DEED OF 1'RUST WITH �ldTU61E A00114NCE8 ��� ���+�9
<br /> THlS�DF.�D OF TRU9T.ie made ei of the l��h dsy af Ju��• ,19..`�a,by�nd�maip
<br /> — — — th�Ttustor. BARBAAA E 1dIZE , einale aoreon �
<br /> _ whoa m�llinp bdrMO b 110 SOLAR STREET AL.DA (��n'?rw�o�r;�wtialhw on�or mon), —
<br /> -- •-°� �Y�s�� F�ve Pe�.�tn Bank, e Hebraeka Gorporation _,_. ,�.., ,_-
<br />�L P.0. Box iS07 Grend Y�land. N8 6980Z ��N���ruetN"�,and
<br /> who�s milUnp addreas le
<br /> Pivo Poiats 8ank
<br /> the Berteticlary, �- '
<br /> ,��.: ;, "'• • Z015 !i. Broadreil Grand Iolond. HE. 68802-.1507 �he��tn"L�nder9•
<br />. ��►.n,;��:. , whoae mailirtp addreaa is - —
<br /> . �.,:L�. t: .«:
<br /> `��'� � FOA VALUABLE CONSlDERATION,Inctudtnp Lende�'s extenaton o!credit tdantltted herotn to
<br /> �� :.,
<br /> •''�'���,�:�;',;,��: BARBARA E MIZE
<br /> �;r, ,�. (hereln"BoRawe�',whether one or more)�nd the trust herein cr�ated�
<br /> .'�' �: ., a.;'k <
<br /> ,,},u,�,-. ,�. k��� the�ecelpt of whicb ts hereby acknowledged,Trustor hereby trrevooably�rante,transfsre,conveye and awlam to Truf�.IN
<br /> =� �,�r;1:,`�,� �.�•�; 7RUST.WITM POWER OF 8ALE.tor the beneflt and seourity of Londer,undor and aubject to the terma and conAltiom heNruiRer Nt
<br /> t�: ,r.:: �� �, , to o .
<br /> ���.��tz��;y�, �1'��� P� ������DIVISIOt3. ALDA. HALL COUHTY. NEHRASKA.
<br /> . l._.:�...4�'_ �
<br /> i'1 4.s. . . . ',���
<br /> -^4����`1�n .
<br /> x .. �.
<br /> - .';_ ,.:�...�.; Togethar with ali buildinga, improvements,flxtures,stroeLS,alleya,pasaageways,eaaemenb,rlpAte.privlleqet snd+appune-
<br /> • ' ' nenaea•iocated thereon or in anrvi3�pertaiNng thereto.and the rente,leaues end profiW.reveroions and remtirtdKS 1Mr�eot.and
<br /> ' � • ' suCh personat property tAat ia a49a�'had to Me tmprovements ao as to conatitute a flxWre,Inciudtnp,but not limited to�heaUnp end
<br /> ' . •" � cooUng equipmen�artd toeethet wi�hihe homestead or marital intereats,if aay.which intereata aro hereby ralessed and walved;til
<br /> ' ot which,inctudMg repiacemenb aand addlUons tt�e�eto,is tereby dealared to be a paR of the real eatate seaured by ths Qen of thts
<br /> � ° ,. Deed ot Ttnst and a�t ot the forego9ag being reterred to hereln ae the"Propert�".
<br /> � '��� This Deed of Trost ahell eecur�(a)the payment ot the prinoipai sum and intereat evidenced by a ptomisaory note or cradit
<br /> y,i
<br /> __ __ � agreement dated June 17th 1994 ,havirtg a maturiry date ot June 17th 1939 _
<br /> .
<br /> �� � 10.035.50 and an and all modlflcadona,extenatona and re�s
<br /> in the origi�al prinaipai amount ot s S►
<br /> .;��;,�. thereot or thereto and any and al!tuture advances and readvances to Borrower(or any af them if more tAnn one)henunder
<br /> ��.f;" :. pursuant to one o�more promissory notea or oredit agreements(herein called"Note'7;(b)the peymeM of other sums advancsd by
<br /> �� Lender to protoat the seouHty of the Note;(c)the pertormance ot all covenanta and agreements of Tru�tor aei foAh hereln;and(d)tl)
<br /> present artd fulure indebtedneas and ob�igatlons of Borrower(or any of them it more than one)to Lender whether dired,Indinct�
<br /> � absolute or coMingent artd whethor arlsing by note,guaraMy,overdraR or otharwise.7he Note.this Oead ot Trust and any end all
<br /> otherdocue�that seaure the Note cr otherwta��uuecuted in conneabon therew3lh,inc�uding without Ilmitatlan guerentaes,aecudly
<br /> ,.;.;,!! agroaments end assignments of leases and rents,shall be referred to hereln ea the"l.oan Oacumente".
<br /> :: Trustor covenanta and agrees wHh lender as toilowa
<br /> `•.;;?,}i..-• . 1. Paym�nt ot ind�bt�dness.All Indebtedness c;eaured hereby ehatl be patd whgn due.
<br /> ' ••;" . �� •:,,{ 2. Ttd�.Trustor la the owner o?the Property,has the right and authoriry to convey the Property.and warrarns that the Ilen
<br /> ', �� '.;t;� created hereby is a flrat and pria tlen an the Properly,except tor tlens and encumbrancea set torth by TNator in wridng and
<br /> •,r;j;�. �' � detivere�d to Lender before executlon of thle Deed of Truat,and the exeaution and delivery of this Deed of Truatdoes no2violtte any
<br /> ' rr,',,,`� contract ar other obliastlon to whlch Truator is subjeat
<br /> 3. Tacu,Assnsma�b.To pey before delinquency ait taxes,spealat asaessments and all ather charges againat the Propedy
<br /> now or hereafter tevled. _
<br /> � � � 4. Inwanc�.To keep the P�operty inaured agaMst damags by ilre,hazards inctuded within the term"extended coverage".and
<br /> suoh othe�hara►ds as lender may�equire,In amounte and with companies acceptabie to Lender.naming Lender aa an addltiondl
<br /> � named Snaured,with loas payabteto the Lender.In case ot tosa under suah policlea,the Lender ts suthoriz�d to edJust,collect end _
<br /> ' ' compromise,a11 ctafms thereunmer end shait have the optlon ot applying all or part of the insurence prooeeda(q to eny indebtedneas -.
<br /> , ,� seaured hereby and in auch orderae Lender may determine.(ii)to the T�ustor W be used for the�epatror restoratlon ot dte Property _
<br /> . - or(iIl)tor any other purpose or object eatiatactory to Lender wlthout aHectlng the Ilen of this Deed of Trust tor the tult amouni aeaured =-__
<br /> . hereby before sunh payment ever took place.Any appticadon of proceeda to indebtedness sha�l�ot extend or postpone fhe due _
<br />- date of any paymenta under the Note,or cure any detauit thereunder or hereunder. -
<br /> ,� �' •- 6. �erow.Upon written demand by Lender,Trustor sha�i pay to Lendar,!n such manner as Lender may designate,sufficient
<br /> sumg to enab�e Lender to pay as they become due one or more ot Me following:(1)a�l taxes,asaessmerns and other oharges egefnat
<br /> � the Properly,(li)the premtuma on the property fnaurance requlred hereunde�,and(til)the premiums on any mortgage inaura�ce
<br /> ' � • ��. requlred by Lender.
<br /> � 8. Malntmano��R�paln and Comptianc�with l.awa.Trustor ehelt keep the Property in good conditlon and repeir,shali
<br /> `' prompUy repair.or reptace any Improvement whEoh may be damaged or deatroyed;shell not commR or permk any waste or
<br /> • deterioradon oi the Properiy;shall not remove,demoilsh or subatandaity alter any ot the improvements on the PropeAy;ehall not
<br /> • •� ;, commtt,sufferor permit a�y act tobe done in or upon the Property In violatlon of any taw,ordinonce,or regula8on;and ahail pay and
<br /> r ' ' promp3ly disoharge at Trustor's cost and expenae ali Uena,encumbrances and aharges�evied,imposed or assessed against the
<br /> � ' , Properdy or any part thersot.
<br /> 7. EtnbtNtt Oomaln.Lender la hereby assigned all compensatlon,awards,damages and other paymenta or reliet(herelnatter
<br /> "Proceeds'�in connectlon with condemnatlon or other mking ot the Property or part theroot,or tor comreyance in tieu of condemna-
<br /> �; �� � - .,' tion.Lender ahall 0e enUtled at its opUon to commence,appear In and proaecute in Ns own name any action or proceedings.and
<br /> : ,
<br /> , t ' shall elso be enti�ted to make any compromise or settlement in connecdon wfth auch taking or damage.in the event any portton of
<br /> , : •
<br /> , �_--__�J.'_,-__-_'_-_�_ ��r�,�ine�retmm au costi and eexnanses tncurred bv R in c nn�eation wlth u�Pvoceeds,upon any Indebtednesa`eecu ed
<br /> �. ° heroby and in such order as Lender may determine,or to apply alt euch Proceede,after such deductlons,to the restoraUon oi the i
<br /> � � Properiy upon auah conditions ea l.ender may determine.Any applicatlon of Proceeds ta indebtednesa shall�ot extend or poatpone
<br /> '; . the due datd of any p�ayments under the Note,or cure eny detault thereunder or hereunder.Any unappifed tunda shalt be paid to I.
<br /> ' Trustor.
<br /> • �� 8. PMormsnc�by L�nd�r.Upon the ocourrence ot an Event of Oefauit hereunder,or it any act ta taken or Iegai proceeding
<br /> • . • � commenced whinh materlaily aHects tender's interest in the P�operiy,Lender may In ita own dtscreUon,but wlthoutobllgation todo ;
<br /> �,.�� . so,and without�oUce to or demand upon Trustor end without re�easing Trustnr tro�n any obtigaUon,do any eot which Trustor has
<br /> "" ayread but falls 4o do ar+d may a�so do any other aat it deems necessary to proteat the seauriry hereof.Truator shalt,Immediately
<br /> " upon demand therefor by lender,pay to Lender ait coata and expenses fneurred and suma expended by Lertder In conneatlon wlth ,
<br /> � the exeraiae by Lender ot the toregoing�ighte,together with Interest thereon at the detault rate provided in the NOt9,whtch ahatl be
<br /> � added to the irtdebiedness secured hereby. Lender ehall not Inour any Ifablliry ber,�ura of any�hinp tt may do or omft to da
<br /> � hereunder.
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