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<br /> �-��-=r�„��ae QE�D OF�RUa'T 1NiT�i�UT�JRE/►�tiAt�D��B �4° 1C1a�.�']iO`�
<br /> - � ----- - T►+�e�eo aa rRUST.�.m.a..s a�n. s�t� daY a �un, ,�a�,a�►+rna.n�a�
<br /> -- q»T�q,� Riv�r�idn Inv�l�nt Ina i St��rh�n !�lls�r, S�ar�t�rr ,,,,,,,,,,�
<br /> -- — 1611 St�qlaoach f6d tisaad I�l�nd �, �..�ia�bi►�a mon?.
<br /> �–_—.------ --� �hee!e en!!llr�eddreee 1�� (11�rMn Trttalot.
<br /> �Y� Fiw Poiat� �ak, � MRbsa+�lc� Corporatf.on �,�„
<br /> P.O. Box 131l7 Grand I�l�nd. OlB 688�2 �,�„��„��
<br /> whoM rn�Hin9�ddtp�is_ (
<br /> . ���ry� Fir� Poie�lo Bank �
<br /> =' whoM m�i(inp addns�Is ZAis ll. Broatlawli Grand I�land, xB. 688�'E-13�7 �aln"1�wsd�+"'1.
<br /> Aiv�id� Inve��t Ino
<br /> FOR VALUA6LE CAN&IDERNTION.inaludtnp lender'a extenaton of crodit Identifled horaln to
<br /> i St�ph�n Beltz�r. 8earatsry �hereta"8orrower".whether one sr more)and tM oant MrNn cnat�d,
<br /> � ths roceipL of whfch ta hereby aeknowtedQed,Trwtor hereby irrevooabry prants,tranetere,corne�ra and�tsqns b Tru�.IN
<br /> TRUST�WRH POWER OF 8AL�faths b�ns8tand sscurity o?Lender,urtder and eubj�ctto the tarma arb aonditlans t�eroinahr�sR
<br /> �'b����y°�}��°�a�si.de Aor�a Third S�bdivieion, in ths City of .
<br /> Grand Itlsnd. Hall Cowrty. Ii�Draska.
<br /> , F. +, Together witb nil buDdtrtp�.tmprovamente,tixtures,etroots.aQeya,pasaagewaya,essemerMa rtpMa.pdvpepss and appuA�-
<br /> n�r�oes loc�ted thereon ar in onywiee peAaininp thereto.and the reMa,faauea and profrio.r8verstons and rematnde�t thsreof.and
<br /> .. .���. eueh pereen�i proporiy that(s aa�tched to the tmprovemenb eo ae to conadtute a flxture.includtnp,but not Ilmited t0.t�t��0�d
<br /> � coolUp equipme�nt and OoQ�eer with the homeatead or mariffiI interests,if any,which interests are hereby releaaed and a�aired:a��
<br /> `� ' .�; •� of whi¢h,inatuding replacemenia and additlons thereto,is hereby dec�ared to be a part of the real esffite aecured by Ihe Iten o!thfa
<br /> ; � �,t peed ot Trust nnd aS!af ths breQoirtg being►eterved to horeln ea the"Property".
<br /> . 4 f..Y�.! e
<br /> '�;.;���;r;=� Thfa Deed of Trust shall secure(a)the payment of tAe principal sum and Intereat ovidenced by a promiaaory rtote or credit
<br /> , .•�`'`�`� _ ' JuAe 17th 1994 Juue I7Eii i� ,
<br /> ,� e �y� having a meturity date ot .
<br /> �n r*��,-,,�`,•':' � ' 1N��.N
<br /> ��'".'. ° • in ths ori�tnal princtpat emount of S aned any and a�l modlflcaUoris,extenalona and�enew�b
<br /> ■ x
<br /> �'� thereof or theroto arsd any and all tuture advancea and readvaneea to Borrrnrer(or any of them N more than one)heroundai
<br /> . �_ �}.:�=.!�:'.;:.i , . . .
<br /> �!�:-'.`-._..'..> ,
<br /> ,r,,:,,.r �-. •:.•,,�•. purauant W one or mora prcmissnry notea or credR agreementa(here ln c a l l e d"N o t e�,l b)t he pa y m e M o f o t h e r s ums�ranosd b!I _
<br /> �� � • .•�' .+� tand�to proter.tthe aecuriq of¢t�e Note;(c)the perbrmance of all covenants and agreements of Trustor setbrth here4n;and(d)all __,
<br /> -'%" �t��`Y�`�� �� �` � prese��t and fifiaro irtdebtedness and obllpe�ttans ot BoROwer(or any of Mem H moro thon a�e)to Lender whether direoR indiroct. ___
<br /> hI.. • ��-
<br /> �+;:. '•'?"'�`�'9;*+`.•'-.=� �� absolute or cornlnpart and whefAer aHSing b�y rtote,guaranty.averdraft or otherwise.The Note.this Oeed ot Truat and any and ae
<br /> :� � � . � �� � ctherducuenbtl�at eecurethe Noteor olherwESe exeauted tn connectton the►ewith,Including without Ilm(tatlort gueraMee�,aecurity �=--
<br /> ,�c=�.^� ..�••-�-�� agreemertts and assignmenta ot leaees and rem4s.shnii be refened to herein as the"Loan Documents". ., �—�--
<br /> .,�,`.. .' . .� �.`���' Tru�tor wvenams and agrees with Lender ae toliows: r.�.
<br /> ••;.s=••.`.•� �-'• • t, paynNn!d ind�b�bdnht.Att indebtodness seoured hereby ahalt be paid when duc+. ;
<br /> � ,'�`,��.w-�;�•.T.y.= 2. 'Pil� Trustor is the owner of the P►operiy,hae the right a�d authority to convey the P�aperty,and warrants that the Ilen ;
<br /> ��'�A����•�° = `-."�� creatad hereby ts a Nro!and prtor Ilen on tha Property.except tor Itens and encumbrances set forth by Trustor in v�r►idng and ��:'
<br /> ���ri���+ -� detivered to laEder beforo executlon of thia Oeed ot Trust,and the execuUon and delivery of this Oeed of Truat doea not vielate any
<br /> . �•_�� . �•.+;.:�` coatrad or otlier obliparion to which Truator ia sub;eat .
<br /> ' ` � � 3. Taua,As�wn�nt�.To pey before deUequency ati taxes,spectal assessments and ali other charges agalnat the Properiy
<br /> �.7����,. : , :� now or heraetter levied.
<br /> � - 4. Insumc�.To keep tlre P�operty Inaured egeinst damage by flre,hazarda Inc�uded within thR term"extertded covwage',and
<br /> . � � � such other hetarda ae Lender may require,in amou�ta end with companles acceptabte to Lender,naming Lender as an addiUonal
<br /> � � � named Maured. wNh tosa payabte to the L.ende�.ln case vf Ioss urtder such poticlea.the Lender is authorized to adjusL collect and
<br /> �� compromiae,all c�aimsthereunderand shail have the option of applyleg all o�paKOf the insurance proceeda(i)to any indebtedneas
<br /> � '""� • " secured hereby and In such ordet as Lender may determine,pq to the T�ueto►to be used tor the repair or�estoratbn of the Property :
<br /> �`� ' or pip tor nnyother purpose or object sa�afactory to Lender without atfecting the lien ot thfs Deed of Trustfor the tuil emouM secured .
<br /> . • 't,�.,.. ° � hereayl before suaf►peyment ever took piace.My applicatlon ot proceeda tu indebtednesa ahall not exGend or pa�pona the due '
<br /> o date of any paymenta under the Note.or cure any detault thereunder or horeunder.
<br /> �t!��' , 8. FaeroMr. Upon written demand by Lender,Trustor shali pay to Lender,in auch manner as Lender cnay deatgnate,sutticien4
<br /> �"�. suma to enable Lender to pay as they become due one or more ot the foltowing:(i)ali taxes,assessmenta and other charqes again�t
<br /> • � � the Propert�r,(ii)the premiums on the properiy fnauranr,e requlred hereunder,and(ifi)the premlums on any rnortgepe insurence
<br /> ° requlred by lender.
<br /> . 8. MahdM�nc�.R�pak��nd Compliatic�wRh Law�.Trustor aha�l keep the Properiy in good condltion and repalr.ahall , .
<br /> •� promptl�r repair.or replace any Improvement which may be damaged or destroyed;shall not commit or permit eny waste ar �
<br /> � deterioration oi the Property;shait not remove,demotish or substarttiairy atter any o!the improvemerns on the Properiy:ehaQ not
<br /> commiL dutter mr pormit any eat to be done in or upon the Properry io vlolatlon of any Iaw,ordinance,or repulatlon;and shall pay ared �
<br /> promptly di�chsrge at Truetor's coat and expense aIi Ilena,enoumbraneea and chargea levled.Imposed or assesaed against the I
<br /> properiy or any part tlsereol.
<br /> � ; 7. Fstttmt►t Oomfin.Lender Is hereby assigned ali compeneaUOn,awerds,damages and other paymenffi or rettef(hereinafter i
<br /> Y • • "FTroceeds'�In connectton with condemnatton or other mking ot the Property or part thereof,or to•corneyance in Iteu ot candemna- I
<br /> � ' Uon.L�ender eha�El F�e entltled at its optlon to commonce.eppear in and pr�ecute in Hs own name any aetlon or proceedinps,ared '
<br /> �.� shell atao Oeor�z3�ed to mako any compromise or settlemeM In connectlon with such talcing or damage.tn the evant any portton o!
<br /> ___� ��d��..�u��..�u�....�t.... 1..t�.ewls uwA nheiJxfn A(ee�rofinn tff neslv all IIIl!!�I P•!�`-°-°!�4 �---
<br /> -• IItBrfOPBftrlb^�9iQIlWt Vi Y6ttta�jw��nsv�w�ou�w.v...v..�......�......�.�.�....�.�_.__�__'___"'_ -r� • _ _ ___
<br /> after deduatlng ttferehom ail coste and expenaos incurced by it tn connectlon witA auch Proceeda,upon amr indebffidneas secured '
<br /> � � � hereby and In such order as Lender may determine.or to apply ali guch Proceeda,afisp auch deductlons,to the resroratton ot the i
<br /> Properiq upon sueh condiUons es Lender m8y dotarmine.My epplicatlon M Proeeeds to indebtedneas ehaU not eztend or postpone .
<br /> � ., the due date of any paymenta under the Nate,or cure any default thoreunder or hereunder.Any unappf fed furtds shali be pald�o i
<br /> ' ,. � Tn�or.
<br /> � 8.P�etonn�ne�by L+�nd�►•Upon Ne occurrence of an Event oi Qetault hereurtder,or M any act fs ffiken or tegai proceedfnp ,
<br /> oomrnertced whieb materiatly sthlab�ender's IMerest in Me Properiy.Lender may ln ita ow�discredon,but wtthout obltgaUon to do
<br /> • 60,and without noUce to or Oemand upon Truator and witltout releeairtp Trustor irom any obllpaUon.do any ect whtch Truator has
<br /> � � epreod but fella to do and may alao do any Wher aat it deema�ecesaary to protect the eecudty hereot.Trus4or aM�l,fmmedtatefy
<br /> " upon damand theretor by Lender,pay to Londer ail co�CS and oxpeaaas Incuned and sums exRanded by L.andor fn conaecUOn with
<br /> ° theexereiaeby Lender of the toregoing rigMs.toQether wlth intereat thereon at the defautt rate provtded i�the Note.whtch ehall be
<br /> a�• �� added to Me indebtednes�eecurod hereby. Lender ahaU not Incur any Itability l�auae of anyMinp (t may do or omit to do
<br /> : . .� heroundef.
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