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<br /> �QA VltLUABL�CONStiDERJ1T(QN�trtctudin�lande�s axtentta�e a!creC(t Id9rttitled herain ta�i�atRy 1! Kolar . �,�„_� ___
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<br /> � �-:�` �- '�; � ���7'S ��E���Pi���t��i�91o8YL,l.Y POE SUBDIVISIOH. HAL� �'AUNTif, HEBRA�KA. � , � - —
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<br /> - +� _� Toa9�er wtiA a1l building�trrtpravemer►t9.fixture�st�ee�.aft �� ��'� �
<br /> � n . gYe.Dassageways.easements,rtBhb.D�vite�es eM apAarte-. ��.�;.
<br /> ; �t�, i ,. �`T�,`�-� nancas lacaled 8�ereo�or In anywi�putataing there�an��►e renia isaues and prof�ts.revaratons anA rematndera Mereo�end . � -;,, --
<br /> � ` . ,� l, -------- ---eucP�peraonal prcperty�ttfat ta attached to tlre impravemartb ao aat�constltuEe e fixtura.tncludtng.but noi Iimitad�.E�ea�ng end-----...�. : ' � �:.
<br /> `-��_It.� �;; � cflolinp equlAmsnt and togetAer w[th the hom�stead o�marital tnterests,N atiy.whtct�inieresb are 8eteby reteased artd watYed;all 3fi��
<br /> _� '" �`� +�� of whlch.in&ludtng replacemac�and eddi�ons Mereto.is hereby dectared to be a parto�ths real ealate ascured by ths Ifqn oithia ���•.� , =---
<br /> ;� �,�• �, � ��; Oeed of Trustacod afl of the toregoing haing reterred to heretn as the"Propert�: . � . --
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<br /> ;'' . :�: � .. �.• _ �`fhls Cesd of Trust shali sscure(a)tha payment of tho p�incipai sum and t�terest eviQenced by_a pmmtasory note or credlt � - - ---� .�„
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<br /> .s1lfr�;rr.iN� : �;� . �UlY 28tb 1994 � 3anuarv 24tb 1995 � - —.
<br />�'- . .� �. ggreement d�ted having a maturity date of. '-
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<br />�_:;:�..�::.; . ..::,• in tt[e ortgin�t Orinc9Qai amount ot$ 40.020. �and a►ry and a11 modiftca�ons.extenslons and renewal3 .�_-�. q
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<br />�-.�� :•:.•� thereGf or thereio a�td any and all future advances and readvances to Borrower(or arry of ihem H rt[ore if�an one�Aereunder . ��- --
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<br /> . � . pursuant to�ane ar ra�re promiasory nates or ciedi1 sgreements(herein called°Note'�:(b)tha p8yment of other sums advanced�y .• '�• �--
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<br /> ; (,endertopratectthes.,�urftyoltheHote;(c)theperformanceotellcovenantsandagreementsofTrustorsettorthherefn;and(d)atl ,. �;.::,,;•-
<br />_ :i:-:_;'�.,� � � . �. pesgeM and tu�re ind�ledness and ob(Igaflons of Borrower(or any of tfiem i9 re�ore than one)to Lender whether d(rect indlrecL , '
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<br />- - :,.��. absoluLa or contingerat en6 wheYher erising by rtot�guarenty,overdre8 or othenvise.Tha SYote.thie Qeed et Trust and any and al) .. � . _ • ���=-
<br /> ' � �erdecuentsthatssc�retheNoteara�ervvisecucceartedlnconnecttontherewith,includingwithoutitmitattonguaranUaes,security � `.='�`--�
<br /> " egreements and ass€gnment�ot teasgs artd rents.shat{be reterred to herein e$the"Loan Documenls'. � � � -:l-_"�_
<br />- ,;�-�:%��.�� . Trustor cavenanb and agrees vlith Lender as ioitow� • ���.�~'�'�
<br />- �;'���,,;���.�` - - t.Payn�n!W t�!lNtnNS.A11 indebtedness aecured hereby shal!be�'v�ien dua. � • �•' •�'��
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<br /> )rr�a4+ • 2 Ti�*Tn�ror 4�HAe owner at the PropeRy.has the right and euthorii�v ff��convey the Property,an�warrants that the Iten , .;,.�;�_
<br /> S1�' `.:f;' ',''�:'. ': ,...� ' created hereDy is a 4:�st and pdor Ilen on the P�¢srty.except for('iens anf�vncumbrances set tortl�by Trustor in writ{ng and '�,s.=:
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<br /> �`.�'�����"- - delhrered to Lender�efora executten ot thta Qae6 of Trust,and the executEon and deUvery oiihis Oeed Qf Trust does not viotate any � ;,���--'
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<br />_ ' . contract ar otAer a�ii ation to which Trus4or is subject . � .�°;����,..::
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<br />' ��4�,;x��..�= �. •'I_��, : 3.Tar�s.As�nb.To pay betore deltnquenay all tazes.'�clal essassments and ail other ohargea against the[�operty , ,
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<br /> ��F�T:;�::;.,; ., �. 4.fn�urane�.Te�kmapthePropeRylnsure0again9tdamagebyflre,ha�.�fte�tudadwithintneterm"extenQedcoverage".an� . :t.
<br /> _ ti`.�����•• ` ' svch otiter hazards a�t�.ender may require,in emounta artd wlth companies��aaq4�6fe ta LenAer.namtng I.ender as an addtticaat ' ,�•�,: .'... :..'��s;
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<br />- .:::-.,r�t;::. ;. • named inawed.with loss paty�bfe to the Lender.ln cass of foss under such pmiicies.the Lender is authodzed to.�djus3.�¢Gt�ce and ��' �.i�, .. „_._.
<br /> f �'�;�..�.�;+�: � ' compromise,elictaimathereunderandshailhavetheoptlonotapplytngallorpartoftheinsuranceproceeds�floanyindabtedness •� 'i'�(.�'�'"r • � , ;;
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<br />- � secvredberebyandinsuchorderasLendermaydetermine,qqtotl�aTrustortobeuaedtortharepairnrre.�:.csiYonoltheProperty :,s;•.:Yr��,�,,;,.:�; , • ,
<br /> or(iiljtoranyatherRurposeorobJectsatlsfaotoryL'�O.�nderwithoutaffectingtte��.ianolthisDeedofTrustfed4.�`�9fullamauntsecured , �:�.;','„• . . �
<br /> `' �•�',;''.• ' � hereby before such�aymeni ever took ptace Ar�r�piicatfon of proceeQs R�i�abiednesa shail aot exc=�.v�or postpone the due ;,, . �•,, :• . . �
<br />'��` '�"� � � date of any payrr��'i�under the Note,or cure arry detauit thereunder or herc-r�-r�sr. • . •
<br /> "j -Y�. � .. � 5. �ea��,Sbp�cF written Qemand by I.ender.Trusto�ahatl pay W Lender,in such manner as Lender may deslgnate,saf8cient ;.• � '
<br />�` . a:.� • ` � • sumstoena4's�ertopayastheybecomedueone0rmoreofthefollowing:p)ailtaxea,essessmenbartd�otherehargesagainst ,
<br />- - ' the ProReRy.(�t�3�remiums on the property insurance�equtred hereunder.ana pl�the premiums on any moRgage insurance' .
<br />-�� -� �. requlred ey Lena� .. �
<br />. �;�„�,=:, •°•,-�` � ' 8. ARd�nanc�Rrpat�s and CompUane�wlth Lawa.Trustor ehall�Ghe Properay in gaod condlUon and repair,ahail . . .
<br /> .`• . promptly repair,or c�place any tmprovement wP�icb may be damaged or d%�r.�yed;shall not commtt or pertnit any waete or ;; . ,
<br /> ":.��•: � deterforaUon of the Propertyr,ahatt�sot remove,demoiish or suhatantialry alter�t�y cf V:a improvements on tha Properly.�inal!nci • „ ,
<br /> �;;''s.'� • �� r commit suHeror p�ermtt any actto bB Qone in or upon the PropeRy in violaUOn of any Iaw,ordtnanc�or regutaUOn;and st��llpay[ind �'`��`t:. •
<br />� r r�;:�t. �r:,:.;���' '`• promptty dlacharss at Trustor's Coat and expense all Itens.er�mbrances arsd chargea te�ied.imposed or assessed apatn�t the � .
<br /> . , Pcoperty Or any QaR thereol. �
<br /> 7. F�nU�nt Dqlmin.Lgnde�ta heraby asslgn�d all compensatlon,awarct$damages and other paym�r+te or reilet(hereinafter • •
<br /> .'r�=�:,'-,:=�� •;�;��•.' � �. "Proceeds'�incopnectlonw(t�condemnaUonorathertakingottheProporty►orpartthereoLoriorconveytinceiniteuofcondemna- „
<br />� #��,_�'•;:�:;,�. � •.:�,�: Uon.�ender sAafi be entiUed af ite optlon to�ommence.appear in and proaecute tn Its own name eny actton or proce�adirFgs�and • '
<br /> _ - L. •.:,��...�•.: sfiafl ulva tse entltled to make any compromise or sattlement tn connectlon with such taking or damage.ln the evern�nyr porUOn of
<br /> - ���' `` �� �� '� the Property Is aataken or dArt►aged.�snder ehatl have Use optlon,tn ib sole and apsotute discretlon,to appry a�l aueh Proeeeda, • �
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<br /> _ _.� ,r.:;7.,;�.,�_ __ afterdeduetir�g theretrcm ail coats�nd expenaes Incurred by It InconnecBOn wfth aucb Proceeds.upon any Indebtedness aecured
<br />-� .�:_5_'�,: .., .•. hereby artd 1n such order as L�andar may determine,or to appJy all auch Praceeda�after auch deducUans.to the restoraUon of tha
<br /> � =_��'���-�;�••:�` PropertytaponQUCAcondiUansasLendermagdetennine.Myappltcatt�nalProeeedatotndebtednesaahaflnotexiendorpos�one , _ �
<br /> �"'"'`'�•''��" •'" "' the due date of any paymente under the Note,or cure any default thereunder or hereurtder.Any unap�ied iunds shall be paid to , �. .. . . '
<br /> ��.��;�,"��'rt.`_.�:�';� . .
<br /> ; ,,'.•. � . �. Tiustor. . .. . .
<br /> =:.:.,-.�,�,:, ,. . � -;' &P�t/annana�tiy L�nd�r.Upon the accurrence ef en Event oi Detault heretirtder.or tf any act istaken or Iega1 proceeding .
<br /> - ��a�+�i:������•� .. commenced whlcb matedaltyeftecb Lender'a intqrest tn the Property.Lender may tn It�own discreticn,but witl�out obltyaUon f�do .. ..
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<br /> so,and without notice to or demand upon 7'rus[str and.wfthout releasing T�u�or from eny obltgatlon.do ariy act which Truator hes -. .
<br /> � ' a9reed but fa11s to c0o and may atao Eo any oth�ect It deema necessary t��rcfect the seeudty hereat 7rnstor shaH,imm�diatety �
<br /> � � t,�`.:; �,.' upon demand thererSor by LanQer.pay to Lender�casts and aa,�enses irtc�ad and suma expended C�y Oiar►der in connecctton wttb • . • �
<br /> . _ :� •°• •°�•-' ` thpexercisebyleuaderoltheforegoingrighm.tog�sswithw�Ces�there�cnatthedefaultralsprovidedintnoNote.w�e�s�ahallCa • :
<br /> � , i . .'��::� edded ta the ta�btednesa secured heroby.Len�r s4taii r.�incu�ert,y t:�bitiiy because of anytt�ing it may do ar�.^:3t tc d� •' ..
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