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<br />- ---- - �,�'r��" ^ ���tf OtP YR�JB�'riiliTM �UT�JR�ADVAt��LB� -
<br /> , TMt9 CiEED OF TRU9Y�1�msd�u pi!h� ���d d�y a9�.. Jun. .1p�,���q
<br /> tM Trwbr. 7'�tlD RO�t . �inai s*e�o - --�
<br /> 37�s 8. NaONlIAy Zil Or�n� Ir}�6YM�-ii�i
<br />- --=-------_ _ ---� rmo_�m-�un�e:Mtrr..��� __._�.:._ lh�r�in"T►uiter� wh�on�or manh
<br /> �T��� Piw Points l�nk. • N�1ra�lc� Coroor�tian _—,._.....,
<br />_� whow mautnp addn�s 1� P•O. eox 3Siry ar�nd Isi�nd� !!B GBdo2 _, �hesln"Tn,ate�'�,Rnd -
<br /> ��Q�ry� Fiv� Paint� B�nk —
<br /> ` 2gi� R. L�osd�tell Iira�t►d xsl�nd. !!B. 688l2-is0'! ' �_
<br /> " whos�malllnp addrsa�b (h�roin"Lenda��. -
<br /> FOR VAWABLE CONSIDERATIQN,Inoludinp L.endere extenaton of credit IdenUfled hereln to
<br /> _ T6DD ROBB (berein"�orrovrer".whether one or more)and the trus!hereln created, '�-�
<br /> ths recelpt of whlah Is heroby acknowtedped,Tn�abr bereby Irrevooabiy prante,tramterer conveya and aasipna to Truatee,IN = �
<br /> TRUBT,WRH POWER OF 8Al.E.tor the benefit and securily ot lender,under and aubjeotto the tertna and condiflona herainattar aet ---
<br /> foM.the Peal proP�►f►�described aa tollowa: _—
<br /> LOTS THREE (3) AND FOUR (4) IN KLRKPATRICK SUBDIVISIQN IN YHE CITY OF E`�_
<br /> , .: • .A? �� GRAND ISLAND. HALL COUNTY, NEBRASKA. =��,,
<br /> r:w-��-:T-. : �,.;.
<br /> �'���',
<br /> `�•�';••, • � Toaether with all buildtngs,img�rovements,8xtures.streeb.alieya.passageways,easernants.righ4s.Rvivlie8es ae¢��ppuKe• ��.-,_
<br /> ,: �,.�. ,�<:y�j ; ,
<br /> .;„...;,.
<br /> +•:�• � '.�( nancaa toeated thereon or in anyevisa paAaining thereto,ent!thQ renta,isaues and proflts,r�oarslona ae�d remainder�tl�0eeof,and -� ,,.�,
<br /> � r ��`+���r.f�„•' suoh personal property that ts attaohed W Ne improvemenis ao ae to conatitute a 8xlure.inaiudiag,but not 1lmited to.heaUrtp and '�i�:
<br /> �.. ��-f�, coolinp equfpmen�pnd topether with the homostead or marital interesta.if any,whloh interests are hereby�eteased and waived:ell ;;:�,
<br /> "� �' t- o!whicb.inoludin�vAplacemente and addidone thereto.is heteby deolared fo be a part of the real eatata ssaured by the Ilen of thid r�4.";
<br /> �:ilF�:-_•.f,,�:�. �� " v!?•".
<br /> ,' ��:�<;, . Deed of Troet and all of the toregoing being��terredto herein as the Property. q�;��:._
<br /> ,, ,� , � , `_
<br /> �1- ��r•�� �'�� '� � '� �`r' This Deed ot Trust shatl seaure(e)tfie paymentof the pdnalpal aum end Interest evidenced by a promissory note or aredlt
<br /> � 3 �l , •
<br /> -- �z`�;�^`' qK��(' z Juns 2Znd 199�1 ,havin a mulur date of �a"°°n `+s` f`� � '
<br /> � s:;' apreement dated 9 nY .
<br /> ;��: . ;: :�;.%.:: • �2; .
<br /> 1�•��'� ,and an and all modifleations,extansions and renewais
<br /> ;�!, � • �•;; In the odglnat prtnctpa�amount of S y •
<br /> thereof or thereto and any and all tuture advancea and readva�ces to Borrower(or av�y of th�m it more lhan ono)hereunder y;�,�
<br /> :�-F ' • puBUant to one or more promisaory notes or aredit agreemeMe(hereln aailed"Note'�;(bj tteo paymen4 ot other suma advanced by
<br /> •Q���• Lender to proisot the seoudry oi the Note:la)the pa�lormance of all Covenante and agreements of Truator set forth hereln;and(�all
<br /> s-..:.. �� = '
<br /> �,;;,; . preseM and future trtdebtedneas and obiipetiona of Borrower(or any ot them if more than one)to Lender whether direat,in rect,
<br /> ,; absotute or conUngent and whether arielnp by note,Quaranty,overdraft or otheryvise.The Note,thls Deed ot Trust and any and ell
<br /> ��• ' '" " " ": otherdoeuentethateeeuroNeNoteorothenvlseexecutedinconnectlontherewfth.inctudingwithoutilmitetlonguarantees,secudty
<br /> Y'°"''�»•� �•• agreementa and asalgnmente of leaaea and�enta.chali be�eterred to horein as the"Loan Documents".
<br /> �""`� '�' ''''' Truator covartanta and aproea wlth Lender as foAowa:
<br /> -��� •- • • : . �,p�ynMnt d�nd�bbdM�.Ai!indebtedness eecured he�eby shall be paid when due.
<br /> �� '�•�ti:!�-�r .-;; Z,TfIN.Truator ta Me ownsr of the P�operty. hes the right and authority to convey the Property,and warranta that the Ilen
<br /> �•k���•�• '''•' eroated heroby la a flrot and pdor Ifen on the Property,eucept for liens and eneumbrances set foRh by Truator in wridng and
<br /> V�'""•'"°:"��' �' detivered to Lender beforo exeautlon of thle Deed otTruat,and tho wceaudon an d de l ivery o t t h ia D e e d o f T r u a t d o a a n o t v i o t a t e a n y
<br /> -^-:�,��•�--N.. 'f^, contract or other obUpatton to which Truator fs sub�eas.
<br /> ::r.�-...� i{r��� 3.4a�w.A��nMnb.To pay before dolinquenay e�i taxe�,speafal assesamantsand aA other oharges against the Propedy
<br /> ""'�' .` ` ;�. • now or heroafter levted.
<br /> '� ' �• • 4,UNUret�c�.To keep the Property insured agelnst demage by ttre,hazards inctuded within the term"extended coverape",and ;�`�
<br /> � • such other has8r�de aa Lender may requtre,in amount�and with companies acceptabie to Lender,namirtg Lender as an additlonal
<br /> , � named Inaured,with toas payabte to the Lender.In case ot loss under auoh poltetes,the Lender Is autho�tzed to adjust,eolloct und
<br /> ��`...-w'�"� �� eompromise.all elaimathereunder and ehall have theoptlon of applying eli or paR otthelnsuranee prxeeds(1)to arry indebtedness
<br /> aecured hereby and In suoh order as lender may determine.pq io the T�ustor to be uaed i'�r the repalror restoratfon of the Property
<br /> �� • . or(Nq(or any other purpose ot obJeet saUataatory to lender wlthoat effecting the Ilen of this Deed ot Trust for the tull amouM eecured
<br /> �=•,-` ,
<br /> •. �a.- hereby betore auch payment ever took place.Any appllcation of proceeds to indebtedness aheit not extortd or postporte the due
<br /> ' date o!any paymenta under the Note,or cure any detsuit thereunder or hsrmunder.
<br /> . '"- b.Etcrow.Upon written demand by Lender,Truatar sha�l pay to Wrtdar.in such manner as Lend.�r may designate.sufflclent
<br /> Et o
<br /> -� . suma to enable Lender to pay ea they become dua on9 or m�r�ot Me f9ltowing:(i)ait texea esaessments and other aharges agalnet
<br /> � ' .. the Property.pq the premiums on the propeAy insurance required hereunder,and(Ifi)44�0(oromtums on any mortgage fnauranoe
<br /> - �equtred by Lender.
<br /> ' 8.M�hhnanc�.R�pahs at�d CompNaea wkh 6�ws.TrusMr she►i k�ep the Properl�t in goad conditlon and repair,sha�i
<br /> prompUy ropair.or repiace any improvement which may be damaged or deatroyed;ehall not corremit or permit any weate or
<br /> �� deMrforatton ot the Properhr.sDal1 no!romove,demol[sA or substaMlatly elter any of the improvemeMS on the PropeAy;shaU not
<br /> '-- commit�autter or pertnit ar►y aat to bo done In or upan the Property in viotatlon of any law,orclinance,or regulaUon•and sha�l pay and
<br /> ,�F : �;� prompthl dlaaharQe at Truator s coat artd expense au liens.enaumbrances and charges Ievied,tmposed or assas.sed agatnst the
<br /> «� . Property or any parS lheraot.
<br /> �"'� ' 7.EmkNnt Qamain.lender ts hereby assigrted a11 compensaUon.awerds,dama9es artd other payme�ta or retin�f(herefnafte�
<br /> "Proceeda")In connecUOn witA condemnaU�n or oUrer ffiking of the PropeAy or paRthereot.or for conveyance in Iteu of eondemna• I
<br /> � ��� tion.Lender ehall be entlUed at ke opUon to eommence,appear in and proseaute m ite ow�neme any ectlon o�proceedinga.and
<br /> --- �� shall alao De entltied to make any compromise or settlsme�t fn connectlon with sucM takirtg or damage.In the event any ponton of I
<br /> ----------- .• - - • -- --••----�_�� . - - .........ru.e.,...�....�..c��n�,.��etuts dlscretion.to aoaN ell euch Proceeds.
<br /> -. \i- �_ .. . me!'(QPBrtr tsw m,.rn�v,vonmyw,.�.n.o.a..�...�.��..�-.--......—--•------- - �----
<br /> aftar dtsducttng tharefrom ail oo�ls and expensas[�curred by tt in connectlon wlth eucP�Proeeeds,upon any indebuidness secured
<br /> b d
<br /> �••�•� hereby and in such ordor as Lender mar deta�mi�e,or to apply atl suah Proceed�,atte*auch deductlons.to the restoretton of the �
<br /> •� `�'� , �..,:: .�, Property upon nueh�onditi�ons aa Lander may deiem�ie►aMY apPlieatlon o!Prot�eds to inetebtednesa shall rtoi extertd or postpone
<br /> � .� tAe due date of any►payrnonts under the No2s,or cure any detauft Mereundar or hereundor.Any unapplied turtds ahall be paid b ,
<br /> _ . . I
<br /> � ` Thl8Wt.
<br /> � .' g, p�elo�mwne�pr L�ndK.Upon Me occurrenca oi an Event of Qetautt hereunder,o�If eny act la ffiken or legal proceeding i
<br /> �. � commenced which materlaty etteots L�ender'e interest in the PropaAy,Lender may In Ifa own dlaareflon.but wfthout oDitgatton to do
<br /> '��•�• • �' • '! ao,and wMAout noUce to dr demand upon Tivator e n�/w i t hout re leas irtp T t u s t or i rom a r�y oblt gatton,do an y aat whteh Ti�ustor has
<br /> no
<br /> ` agraed Dut talla to do artd may atao do any other ect it deema necesaary to protect the sacurlty hereof.Trustor shall,fmmediatery � .
<br /> , ; °.,, upan demaru!therebr by Lander.pay to Lendor aN cosbarsd expenaea�nourred and nums expended by Lender In coaneatlon wfth I
<br /> � ..., .,,,,;.•. the axerdae by lsnder of tRo tonwoln�riphto,topeth�rwiM tntereat the►ean at ttse detault rate provide�In tha Note.whlch shali be
<br /> •���t'`"� � •" added to the tndetitsdness eeaured heroby.Lander ahall not irtcur any liablQty because ot anytt�ing it may do or om[t to do j„
<br /> �,��.'�:�'�`�„ he�limdlr• � „
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