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<br /> --— `` ,� FqR VR�.tfABLE��IIERA7tilit�.ktetttQ�Rg E�d�t'b•e�ttena�n dif ctedit,t�m�fred Aerelit to • � -
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<br /> __�.� rr;�+i''.�,..� , ' (herein"E�crowef.whslhQr ane.qr.mare)artd the truai hereisf craated.
<br /> _= �.., ;,:f�.+,�;.� tt�rece��t at wmah is hereby acxr�d�gscR Tn,�sor r�ereby�ery gr�nts.transteisk cam�eYa and esat�rra to'�ruate��N
<br /> ___:d�;;_;r_�;��; - T6tUST,t�tItNPOWE6i0FSAiE.taithebeaeSt�sdeeecirltyafLetu�L�derandsubjectto�et�rmsandcondi�ana{�erctrtat�raet
<br /> - :- tartta ttte t�!property.descr3�ed as fottows: � • .
<br /> �� �� � l.QT .��. EN ��� , BI.00K ONE HUI��RE� SEG��NT�EN (I27�, I[� RAILItOAQ � ` �
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<br /> ---'`;f� ��� .�. . AD�I�.S�; h, TO THE CIT1l OF GRANO ISLACd�, HALL COUNYY, L��aRASKA..
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<br /> F r�� �+� -----�..:nance�s tac�3ad ther�rac.caJr•;Gr�'aay��a penai,ntitg��r�fe�,�s'tt'$�s.rents�iss�.���oflhs.re�^�.:�iia as�a�s theree7,'astd _
<br /> pi �,rk ��,`�`�t i4�:, suct��"!a1 Pro ;,�.��,.=;�. , ���the ImproG�menTs sQ es ta cortst(��fature.frt�':� �ut��i�rif�}ib.�e��ar� '. �"� ---
<br /> ��'� x, cuOMg�a�►ent � �t;�~�:er�-�if?�i;samesteadarmaritalin�iiany.�vt�ichirrter���i5�'n�y��l�s4andua�+�Q �,. , ,j"`�• —
<br /> �.� `t��'`r sf-± ' �otwhiGtf,�9�'�iti9������d�d}�nnsttrersto.ishere�byd�c�edtobsapartOlth¢ca�;�SBCUtedtiyfhelt�e,aJff��ttz,: �F�
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<br /> Deed of�i't�and,a��+s��i�ac��i�tEl't�g teterred fi heref 8.s11�''�ropeRlr'• ,? `� -�°'�;.,�,�
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<br /> -`<i'' ` `r ` r 'ih�a�4�ZiQ qi Tr��ai�[1t�,��,:�'.s paymers qf th�Drtrrc{��aum art�t t�re�t cvfd�im�I�F a�racttr�eory not�a er c�dl�, "�'�'��`��' ��
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<br /> .� �`�,����� r ��aai�d � �, :, , hd�a mawrtry dam ot .�.., :. :.. �;.
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<br /> �•� � •���'. in the ortaimdf princi�al:amaunt ot�_. .and any ertd aH modHicattona exter�sinna snd renewais.
<br /> thereot or thereto and any srtd all future advances ertd readvartces to Borrower(or any of them if more Man one)Rereunder . . '
<br /> — • +'' �� purouant to on�or moro proml�ory note3 or credit agreements(herein calted"Note"�;@)the payment o!other suma advasced by '°-��'�'��' �
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<br /> �`°•-�� ' ' Leoderto protect t�e securtty ot tfre Note:(c)tfie pertormance of all covenams ae�d agreements oTTrustor settorth hsretn;a�d(�all ,
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<br /> � •� • pceaen!artd 4uture Indebiedness end.obllgaUona ot Bor�owar(or any o!them tf more tfian one)to tender whether direc�indirect, :•:.•:;,�r;
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<br /> _, � �:,,,�,�,._� • ebsotute or conUnper»and whether ariatng by note guarenry,overdraft or otherwise.TAe.Note,tnts Oeed of Tiust and any anai ati ' „.:��;,,�: .
<br /> — • � otherdoeuentsthateeeuretheNoteoiotherwfaaexecutedinconnectltarrtherewlU►,Inaludingwiihaeitilmttatlonguarsnieeaeeeur(ty '�•��; ,
<br />— � . agreeanenta and assignmenta o1 teases end rents.shall be refer�ed to herein as the°Loan Qacum@nts". .• ,. ' k�.. ••
<br />� • Tius4or covenanm and agrees with�ander as foltowa �'' :� �'
<br /> — ', . , •1. Ps�mnt al lnd�bt�dn�.All Irtdebfladnesa secured herebyshall be pald when due. :. :s . .•:�'
<br /> " � 2.TfUs�Trustar Iathe ownet of the ProD�Y.hss the dght and authorlry to convey the Property.and warrants that tne Iten , �` ' __"°
<br /> • ' created here�sy�s a flrst end prtor Ilen on the Property.except tor Itena and encumdrances set brtA by Trustor in wri�ng and � ���"�
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<br /> � � � ' ' QattvBred to Lender betore executlon pt thla Deed of Trus�and the execuUon and detivery of this Qeed of Trustdoes notvlolate�ny . ���' -h,�
<br /> conbact or a�.tner obifpaiton to whicfi Trustor is aub;ect .. ��� '`9��=�+''•�
<br /> ' `" 3.Ta�cM.AfsM�msnb.To pay defore delinquency all taxea,apecial assessmants and all other charges egainst the Property "" ' '�'�`'f��
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<br /> now or hereaftsr IsvieO. �`, f �`y�
<br /> ' , :� `' •' 4. �an�:To keep the Rroperty Insured against damage by flre.hazards inctuded withtn ths term"ext�s�dad coverago".and � :�.�:��_:'. �=�-�-
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<br />��f•� � sucb other hasards as 6enAer may require,In amour�ta and witb companies acceptabte to Lender,naming Lender es an addfUona! :.. ,;�
<br />_ � � named insured,with foss payable to the LenCer.In case o1 toss under such poficies;the Lender is suthorized to adjust,cottect and ;• ,;':;���?;?",'��y�w. '?
<br /> . . , � compromise.allclaisnatnereunderartdsfiatihavetheoptlonofapprying811orparta?thoirrsuranceproceeds(�toanyindebtedness -��'� �•'::•'�,�;�"�'••�'•r:.'�"?:��
<br /> • secured hereby and in such order es Lerrder ma Qetermtne,(ii)to the'�rustar to Cc��ed tar ttte repairor restoratlon of ths Property . . �,:����ic_:�;;'`:;':='
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<br /> .. orpi�toranyotherpuryoseorobJectsa+3sfactorytoLenderwithoutaftecUngtheiisnol�isETe�etTrusttarthetutlamounlsecure0 . �%�. ::�R;�..;-r;�
<br /> -� hefeby betore such payme�ever taa6s ptace.Any appitcaUon ot proceeda to indebtadnesa�Jh�all not eMend or pastpone the due '':;;;; � .
<br /> =-�`��r ' date of er�y paymenffi under the Ncte,or curo any defautt Mere�c�er or hereunder. . • .
<br /> ;���.-' 5. F.scro�r.IJpon written deman�by Lender,TRrstor shall pay to Lertder.in eueb manner as l.ender.may deslgnate.suSficlent , °
<br /> � ��� � � • . • tte . .. �
<br /> • � � sumstoenabteLerr�ertopayastheybecomeduec�ormoreottfietotlowing:($ailtaxes,eassssmenisandotharchargesagai�st • , `�r..,
<br /> the Property.pf)tha premiums on the propeRy irts.�e�nce eequired hereunder,and pii)the premium9 on eny mortgage tnsurence , . ' • . .
<br /> _ . . requlred by Lsnder. ' � •
<br /> � �. , 8. �Nnt�nanc�.R�pYln and.�nC�witlf Laws.Trustot ahali keep the P�opeRy in gaod conditlon and repair,sl�ali , .'.^�.' .`•� �
<br /> � promptly repak;or ceplace any IrnCfatvme�t which may be damaged o�destroyed;shaA not commit or permit any waffie or :.:r,���<�..:' . .
<br /> ��,,• � • . � deterforatlon otthe PropeAy,shall not remove,demolisb or substanUat(y a(ter any o1 the tmpravements on the Pro�perlyr.sheil not �
<br /> �_. � cammlLsufferorpemdtertyaettnbedonetnoruponthePreperiyinvlolationoianylaw,ordinance orregufatlon;endsheNpayBnd . .
<br /> �.�t��- ,� �- . ::;`'� . . pnom�tttY dfscharge at Trustora cost an0 expenae all Uens.encumbrances and charges tavied,imposed or asseaaed agalnat the
<br /> � ' . ' Propwty or ar�y paR thereot. � '
<br /> ' ' � ''. 7, EMttult oanuQn.Lsnder ia hereby assfgned all compensatlon,awards.damagea and other paymenffi or relief(herelnafter . y .
<br />-- � ��,,.',; • ~Proceeda'�in connecrion with conaemnatton or ottter taWng of itte Property or partthereol,or tar ccnveyance In lieu o!condemna- . � ` •
<br /> �¢:.' •; . • , tten.Lender ahall be entltted at Its opUon to eommenee,apAe�in and prosecute in tL�own name ar►y aeBon or proeeedirtgs,and : .
<br /> sltali atso be snBUed to make any compromise or setttemen!In connectton with such taldng or damage In the svent any portlon o!
<br /> �'; , the PropeRy ts so teken or damage0.Lender shail have the op8on,tn its sote and absotute dtacreUon.to appty alt such Proceeds. �
<br />- .�. � • ; after deducting theretromail cosb end expensea Incurred by It in connec�tton wlth�uch ProCeeds.upon any Indebtedness sscured . �. .
<br />-- �}'• . .��' �. �� hereby and in auct�order as Lendei may deterrnirte,or to appty a!I auch Praceeda,atter such deducttons.to the resforaUon o!tlfe � . .
<br /> � � ProperryuponeucheondlilonsasLer.Qe�maydetertnlne.Any eppllcationofProceedatoMdebt9QnesashallrtotextArtdorpastpone - • �
<br /> . ' the due date of any paymenta undartfcp Kote.or cute any defauit thereunder or hereunder.Atry unapptied tunds shali be paid to � • •
<br /> � . , . . Trustor. •� ; . ' . �
<br /> 8.P�iorrt�anc�.U+�f��•UFan the occurrence of an Event of Oetauft horeunder,or it any act is ffiken or tagai proCeedfng
<br /> cammenced whtch matbciaiiy aftectal.r3r+ders Utsrast in the Rroperty►.Lender may inits own�^cretion.but without abfigation to Qo ,;,•. '
<br /> • . sp,and withaut rtotIce td or Qemart�upan Truatar and v�lthout rc�{�xsing Trustor irom any oBII�t1on.Qo any act whtch Tr��cstor has �,°;;;�,�:,,, . ..: :
<br /> ' � � ' asreed bat talls to do and may also da��t3ny othev act N deema rtaer�sary to promct the secur`�ty herao4.Truswr shail.tn2maC:ateiy =�':q�;". •:� .
<br /> • � upon demand therefor by Lsnder,pQy Lt�Lender all cosfs end exaertssa tneurred and suma eupertded by Lertder in cartrt�n w}th �r'''� . •
<br />- � �'� theexercisebyLenQarofthetoregaingrlghtatagetherwithirrtere5ltt�ereanatthedefauft►ateprovldedlnthoClotB.w�cs;e�aAalibe • . '� "'`
<br /> - � - edc�sd W the fadebtec�tss�s secured hereby.Lender ahail no!incur er�y Nabltity 6ecause of anything It�sTay do or omit to do . • • •., �
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