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<br /> - Muflm�n�M Fi!lan b 19aM.Warion.N�.MMt
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<br /> � �i��A� �� L�dJ�d ��--3RD��+La
<br /> '1'HI8 DEED OF TSUBx`�is made ae of th�a��'1 deY of �"'�-----: 18,.�9--•bY end smont�
<br /> � 3cot� A. & Kimbsriy X. Redx�ne ("7'r'���r"),whose mailina ad�e����
<br /> �4I�5 DriltM�od Drive, draad Y�risnd• N�����,���;���Whoso mailing nddxese is
<br /> TRSJ Ti�lo Ynourance Cg.
<br /> P.O. Hox 627 c3rsnd IsianA, N8 88802-0627 �
<br /> �nal Itudalf F. Plate ("BeamAcisrY'�)w'hoae malltng nddreN is
<br /> 2608 W. Old Fair Road, arand Ieianit, NE fi8a03 •
<br /> FOR YALUABI.E CONSIDERATIOPT.Trustor irrevocably�enefere,ctonveye and a�eigbe to Tru�tee,jN
<br /> �Ug��{I�►�Tg pOWER OF SAI�,for the benefit and eecurtty of Beneflciary,aunder 8 i g�b�toC �r� .
<br /> and�nH io�ns of t�is Dee�t of Truet.thereul groP�rtYlocatedin the City of_ � �►
<br /> „8tate of Nebraeka,a:►d legall,y described as followe(the"Propert,y'9:
<br /> �Lot Five (5), in Westwaod Park 2nd Subdivision in the City oF
<br /> arand Isiaad. Ha1J. County• Nebraska.
<br /> ,:;,:
<br /> '•t�.,,
<br /> 'xti�.;• ,
<br /> TU(�F,TI�R Wl'i'H�all rents,ea8�mente,appu�nanoea,hereditamente,interesta in adjnonin8 roade� ,
<br /> �? atareeta and alleye�icaProvem�nts atid buildi�ga of any klnd aituated thereon e�ttd all personat property tha�may
<br /> be or hereaftes beoome an inte�ral Part of aucb buildings and in�provemente�ali erope raised thereon,and all
<br /> ,. .•: i �� � �
<br /> ',:i�,.l�,...ir.'��:;4�ilu+. .•r w�tt�01' t8.
<br /> k,. The Property and the entlre eatate a�c1 i�terest wnveyed to the Truetee are refene�i to colled3ve�y as We �
<br /> ''''�� °`"�� 'firuet�etate". '
<br /> gpR THE pURFOSE OF SECUR�Nd: i
<br /> "` ' 16 Otl0 OQ ,with it►terest
<br /> .�:..,... :{;", .•-.;., a.I'ra9meat of�ndebtneea ic�the total 1�rIndPa1 atnount�f$ �I
<br /> n
<br /> �`'� there��n +ae evldenced by that Gertain Promisso:7► nnte o.f even dats (the "Idote") wlth a maturlt�Y de�te of I
<br /> w ,;.�?��t,r-.��� 08f 15/99 ,execated by Tsuetor�which haa been delivered and is payabl�to the oxder of II
<br /> .•.�,.r.•. � .
<br /> ry`i"�';:-`:�: ';{�.•-:�. Hene$oiarY►and which by thia referen�ie h�by made a Part hereaf, and any and all moclifica ons�exten• �
<br /> . �,,. �,.�,r;�.•.i� . eione ai�d renewaie ttiereo�r�d �i
<br /> 'i.�::^:z':a;;.,;='.� h F�yment of all sw�advanced by$eneficiarY to Prot,�ct the'l�ruat Eetate,wlth intereat thareon atthe rate ,
<br /> ��-�t;f,.'� ,1 v_µ�� of..���_ Peraent(---�--`�)Pex annum. II
<br /> '�$��'� `��'��i.�'''�• � 'i7�is Deed of Trust,the Note,and any other instrumeat glven W evidence or furthersecurethe paymentand
<br /> _.- �,;.,,..,� . .
<br /> t�,:;:, ,, ,�:'_•
<br /> ;`��; .:,;, � performanoe of any oblfgation secured hereby ere referred to collectively ae the"Loan Iast:umente".
<br /> "'��f`� ' •�=`' � �'� TO PRO'P�CP THE SECURITX OF THI9 DEED OF TRUST:
<br /> �x ��.:;,.�,�_;..�.�• •n :�
<br /> ��-� 1. PAYMENT OF INDEBTEDNES3. Truetor ehall pay when due the princlpal of,and the interest on,the
<br /> .�«�;•a�,:,�.M�.� . � indebtedneea evfdenced by the Note,cher8ea.fees and all other eume ae provtded in the Loan Inetrumente. _'•,
<br /> �{'��''±��µ �� �' �'.; 2TAXES.Truatorehallpayeachinntsllmentofcilltaxe.sandspecialesseeamenteofeverykind,noworheseafter I .��'
<br /> y,,�,y•�•`�:.; � �,
<br /> r�C'.fl:,: ..� ... ':a._
<br /> � , levied agais�at!he TrttBt Estate or any parE thoreof,before delinquency.without notice os demnnd,and ahall provido
<br /> . m,?:;�,��r�+c genegcieuryr with evidence of the payment of esme.Trustor shatl pAy all taxee and sesessmente whteh raay ba levied � �s••
<br /> �f��`�'�`L'�`�` upoaBeneSdary'aintereethereinoruponthiaDeedofTrustorthedobtsecuredhereby,wilhoutregordtoanylawthat
<br /> k;y„���,...,. , „ ,
<br /> * t�..�,�N,,,,, may be enaated impoeing payment of the whole or any part thereuf upon the Beaefictery.
<br /> ,'�''°�'#+?' �
<br /> ,�;,;,;�r j: :•�>.�'�r,�r S. INSURANCE AND REPAIRS•Truetor ehall meintain f�re and not extended covornRe ineurnnce ineuring the
<br /> :J_. � •�;;„x tmprovemente and buildinge conetituttnB parE of the Truet�state for an amount no lese than the amount of the �
<br /> '°��"'���' unpaid prInetpal bnlance of the Note(co-insurancenotexceeding8096 permitted).3uch insuranoe pol{cyshallcontain �
<br /> , .,� :
<br /> � aetandaxdmortgageclsuseinfavarofBeneSoiaryandehallnotbecancellable.terminableormodifiabewit outten
<br /> � �� (10)deye prior written notice to BeneficIary.Truetor ahall promptly repair.maintaf n and replacR the Trust Eetate or �
<br /> '�"''•- � •��:' • anypartthereo4sothat,exceptforordinarywearandlear,theTrustEstateehallnotdeteriorate. Innoeventehellthe
<br /> _',=��.,. .'- '14uetor commit waet�an or to the'11uet Eatut�e. i
<br /> ' �� � �� 4. ACTIONB AFFECTINC3 TRUST E9TATE. Truetor ahall appear in and conteat sny action or proceeding �
<br /> :.�.�,..� o '
<br /> purposting to affec�the security hereof or the rights or powere of Beneficiary or Truetee,and shsll pay all costa and
<br /> '` s• e�c�ensee,inelud:ag coat of evidence of title and attorney'e fees,in any euch aetton orproceeding in whieh Beneficiary
<br /> or Tenetee mny appea:. Shonld Tcuator fall to make any peYment or to do any sct es And in the msnner provided in <
<br /> �?+•• � any of!he Loan Inet�rumante.Ben�ciary aad/or Trustee,each in iig own dtscretion,withon!obligaLio�so to da and
<br /> � wIthoul;notioe to or demand upon Trustor at►d without releasing Trustor from any obltgation.mny make or do the i
<br /> �' � seme in euch manner and to such e�ctent as either raay deem neceesary to pratect the security hereof. Trustor ahall,
<br /> ' immediately npon demand therefor by Ben�aierY.P8Y�coats and expensea iacurred by BeneFclary in connecLiun �
<br /> • „ :' wIth the eaercise by�onr9cia:y of the foregoing dgeu,�i coets s a x�aeee an`i p�a�ic�ni ten(10)deys of ewritt n
<br /> �_: coeEe,appraieale,eurvoye and attorney's fees. Any
<br /> ,, . , demaad ehall draw intercet at the default rate pmvided in the Note.
<br /> 8. EMINENT DOMAIN. 8hould the Truat Estate,or any part thereof or interest therein�be t.�+ken or damaged by
<br /> �,�"' ' •. reeeoa of eu,Y Publfc im rovement or oondemaafion pma�ediaB�or in uny other mnnner including deed in liau o'Prusw ehall
<br /> s natdon(°Condemnation�9.ar ehovldTeueto:tpcive anY notice or°Lhe��'ormattonregeudingeuch proceeding, 4
<br /> �".•' g[ve QromPt wrttten aotice theieof to BeneSciarY. BeneficierY ahall be encitled to aU compeneation,awards and other pay I
<br /> ' mmb orrtHef tha�ef�end eyhnU beo�tled.�sii���.�t�a�v�m nnmmi e or�eettlempent in aonaecti n wiltth such�taWag or �
<br /> �a ytvoL�lsR. �eua�c��oua.::a�.... _ _ .
<br /> aeu l:
<br /> �� , ' de�annge. All euch oompeneatton,mvaede.damaBee,dehts of ncHon and pmceede awarded to Trustor tthe"Pmo2eue'`)are
<br /> . hereby eead�ed to BeneflcierY and�lrustar egeeee to execute such tiuther aseignments of the Proceeds as Benefidaty or �
<br /> , Teu:tde meU►ro4� .
<br /> 6. APPOINTMF�NT OF SUCCES30R T�tU9TEE. BeneSciar3►a►4Y. �om timo to dme.bY e written inat:ument � I
<br /> j, • • eaecuted and aclmowledged b BeneRdary.meil¢d to'Ilrust�r ar►d Recorded tn tho County in which the'hust Eetate te , �
<br /> , �. • ' o=��n t�o t�}ie�'il�vetee amed herein o aMi�nB hereunder p�cable law of theStateof Nebraska eubslitute asucaessor
<br /> erei I
<br /> � '� ?. BUCCESSORS AND A89I(#NS. This Oeed of'1lrust applies to.inuces ta the beneSt of und binde aU partiea hereto,
<br /> their heire.legateea devTiaeee,Pereonul rePresentnNvea suocesao:e and aee9gns. The term"HeneSdery•ehall mesn the i
<br /> ' � � owner end holdcr oi the Note�whethar or not nnmed ae Heneflctwry herein. .
<br /> "r ' ` 8. 1NSPECI'IdNS. BeiteSdary►.or i�a8�++����P��n���'�or�vorkmen.are authoriud to enter at any reasonable 4
<br /> ' •.i�' '': �' time u1�n or in aAYpa�t of thel5rwt Eatato for the purpose of inepectin8 the semo and for the purpose of performin8 ao3►of j
<br /> � ' ' the acfa i!ie autho�rized to nerform nndet the tenne of tu�v of the Loan InsLrumente. �
<br /> �
<br /> .c ., �
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