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<br /> p�ED O�TRUBT W1TH FUTURE ADVANCEB
<br /> THl9 QEED OP'��IUST,i�m�a.�.Ae�se ..T.�i3�..a�y cn S�t�ue ,��—..�.�.�i►+�+d�w
<br /> !h�'�ftlMOr.....� � Inhw�nr,�rt unw�w�C1"�i{�. �1���. -- �
<br /> wno..m.�ikip adans•M st v.nus t . wlaia NE se��,o-s7!�� �^ cn.►.N+"T�uNo►�"wnMMr a�.a�non�y,
<br /> tlM True1M� fr'iw Po�n4s BankF a �Ioo-iras{���r�d iora �
<br /> whos�maqinp�ddr�,t I� �.A.._$rl�t��SllY. r.�a�'rci Isl�nd NF aaanz..i sn�l..., (ItKMn"Tn�'?,awW
<br /> �g��y� Flve Po�+t: Banl� a Na�ska Cnrrsor tlon .
<br /> wl�rtwHinp�ddra�sis P A ,Hnx 150� .rard Istanrl NE seBez-1SSZ_ (AKeN►"1��d1r'�.
<br /> FOA VAW/19LE CAt�tSIDERATION,lnaludinp L�ndK'a�xtN►don of andit Id�ntltNd Mnin to As� �- Eichmafl
<br /> (h�rein"Bormwe�'.wh�ther ona or more)utd ths trust hvNn crMlod,
<br /> ths rsc�tpt of whlch is hereby saknowtsdped.Tiustot h�pby irtevoeabiy pnnfs,bar�f�n,Cor�veys and�qipe�to 7rwtM.1N ..
<br /> 7RUST�WITH POYVER OF$ALE,tor ths b�rntit md aeoutlty of L�ndsr,undN end subJsat to the terms u�d condlNon�h�nlnatM►I�t
<br /> torth.!tN r�el P��P�lh de�a�tb�d as folbw�: • .
<br /> --- - ---- Lot T�ro t2). Block Four4een (14). Feinriew PArk Subdiviston to the City of Grand
<br /> Island, H�11 County, Nebraska.
<br /> TopKher with eil buildin�s,improvemants,Nxturos,atreets.alls�rs,pa�fa�ewari�easements�rlaht�,Privltep�s u�d appur0s-
<br /> nenr.es tosxted tMerson or in anywtes portalnf np thsreto,and fhe renb,isauee and proflts,revarston:+�nd ranafnders 1hK�of,u�d
<br /> euch psrsorwl property tKat is a�ttachad W the improvwnent�ao as to co�atituts�flxWre,Inctudir►p,but not Itmit�d W.INWnp end.
<br /> caftin�equtpmen;and tpgather with the homeatead or marilat intere�ts,if any,which IMereats are hereby�eteased and waived;ai!
<br /> of whieh,lectadin�repl�cemenh and addlUonathereto,is heroby deotared to be a petR of the reaf eatsLe�seured Oy the tien of this
<br /> Oesd of Trust end atl of ths forepoinp betnp refe►red to he�eln aa the"Properly".
<br /> Thb Deed of Trust shali aecure(e)the payment of t�e pr►ncipal aum and intereat evidenced by a promiasory not9 or eredlt
<br /> 8�est!!et!l�8�!! .1��1�,9q� 19os _ _,,,having e maturity date of �_._!���T�! znnz ,
<br /> in the od0lnet pr(ncipal amount of S 33.451.45 .and any and ait modMtcaUona,extenaione and renewafs
<br /> tharoof or theroto nnd any and ail tuture advances and�eadvances to 8oaower(or any of them it more than one)hereunder
<br /> �,� pursuant to vne or more promiaeory rtotes or crodit epreements(hereln called"Note'�;(b)the payment ot other sums edvanced by
<br /> , . Lenderto pro�ec4lha seaadty of the Note;to)the pedormence M atl covenante and agreemerne of T►ustoTSet brth hereln;and(d)ail
<br /> '.�E;,,:'s:•�"� preseM and tuture tn�lebtednese and obU�aUone ot Borrower(or any ot them it more than one)to Lende�whether dlreat,Indiroct,
<br /> .';�;�:r����':; abaolub or contlnpent and whether ahaing by note,puaro�nty,overdreft or otherwise.The Note,tt►le Deed oi Trust and any and ali
<br /> �;�'/ oltter doc�lhatsecurothe Nota or otherwiaeexeouted in connecdon therewlth,irtcludingwlthoutlimflaUonyuaranteea.security
<br /> '�U npreemereb nrtd asatgnments of leaaes and►ents,shsll be retened to herein es the"l.oAn Ooeuments".
<br /> �" `� ,. f':4''�.�c Trustor eovenents and aprees with Lender as followa:
<br /> ' 1. Pa�f d.�nd�bt�dn�.All(ndebtedness eecured hereby sha�{be patd when due. •
<br /> , :,+,�:;' 2. TNN.T►ustor(a�e owner ot Me Praperty.haa the►ighi a�d authority to convey the Prcperty.and warrants that the Ilen �;��
<br /> created heroby is a flret snd prior�ien on Me P�operty,except for�lena and encumbraecea set torth by Trostor in wdUnp and ��
<br /> delfvered to Lsndar betore exacutlon of thia Qeed of Truat and the execudon and deltvery ot thia Deed ot Truatdoea not vlofate any �,�"',�
<br /> contract o�other obtl�tlon to whtch TrusOOr ia subJeat ,;�
<br /> ' 3. Tax�,As�asm�nb.Yo pay before dellnquonCy all taxea,speafai ass6samenta and el l other charpes asafnst tho P�operty �_�,:
<br /> p�v "'� nOw or hereafter levi�d. �
<br /> �x�`� �"� 4. In�ur�.To k U+e Property insured agalnst damape by flre,hatarda inciuded withi�the term"extertd4d coverape",and ��w�
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<br /> �`F"-���w?� auch oti�er hazarda as Lender may require,in amounte and with companles acceptable to Lender,neminp Lender as an addidonal .
<br /> ��� � '�' �� ' eamed inaured,with tass paya0le io the Lender.ln case of�oaa under suah policies,the Le�der la authodzed to adJu�t coileat and
<br /> K...,;..ir::�,�;,_�y..`�: .
<br /> «�7•yfr: ��•�, compromiee,all clalmathereunder�nd shail hare the optlon of applyUg a�i or pa�t ot the inau►aace proceeds(q to any indebtednt�ss
<br /> F '"�� ` ' secured hereby and in such order aa lender may determine,(il)to tho Truator to be used tor the►epalr or reatoratton oidte P�operiy
<br /> _,t,, .,.; ,
<br /> °�;:�^:,•�`- orpiqforenyotherpntposeorobjectsadateotorytoLenderwithouteNeotingthelienoithisOeedofT�ustforthefutiamountaewred
<br /> '4���►<:'�•�.: hereby before euch peymeM ever took pla�e.Any applicatlon of proceeds to indebtedness shatl not extend or poatpone the due
<br /> ar ;' , date of any payments under the Note,or cure any defauit thereunder or hereunder.
<br /> . ���.��:, 5. E�crow.Upon w�itten demand by Lender,TrusMr sfiall pay to Lender,In auch manner ae Lender may deaignate,sufficlent
<br /> � ' "' � sums to ee�abte Lender to pay aa they become due one or more of the toltowing:(i)ail texea,essessments and other aharges agalnat
<br /> `�� :+'� -'; the Property,(t�NB premluma on the property Inaurance �equired hereundor.and(111)the premiums on any mortgage Inaurence
<br /> .�=,'-•. � : . ;:' T requtred by Lender.
<br /> � _... � 8. Makit�mne�.R�in�nd Compliure�wkfi Lawa.Trustor shall keep the Properry In good eondMlon and repair.shali
<br /> +��;'� ���,.:'�� promptly repafr, or reptace any improvement whfah may be damaged or deatroyed;ahatl not commit or permft any waate or
<br /> �...,�y��,•� •. , detxloratlon of the P
<br /> '.•�.��;,?'.;.,:.,.., .�, roperly;shall oot remove,demotish or aubatanttally atter eny of the Improvementa on the Proper¢y;shali not
<br /> commit sutfer or pe►mft any aot to ba done in orupon the Proporty In violaUon of any Iaw,ordinnnce,or reputaUon:and ehalt pay and �% ��
<br /> ' ':�'��,.�.�-,�•_�;�,��, prompUy dtsaha�e atTruator's cost artd expense ell ilens,encumbrancea and charges tevled, imposed or asaeased a�alnst the
<br /> �.. i° a•..�:� Property orany ptrt thereof.
<br /> ��:':_�`��� 7. F.mtmM Oomairt.Lertder ia hereby asslpned ell compenaation,awarde,dama�os and other paymente or ret�et(herolnatter
<br /> r��•�'��`. "Proceeds'�in conneotlon wlth condemnatlon or other teking of the Property or pertthereot.or for eonveyance in Ileu otcondemna-
<br /> y:�: �;' - � • tlon.Lentler shati be eMitied at Its opUon to commenc�,appear In and prosecute tn ite own name arty aatlon or proceedin�s,and
<br /> • _ _ ahalt also be enttUed to mske any compromise or eeritement In eonnecdon with euch takirtp or damape.In the event eny portion of
<br /> °'��`" � : the Property Is so taken or damaged,Lender ahal�have the optton,ln tts aote and abaolute diacr+etlon,to apply all such Proceeda,
<br /> . �.
<br /> .a..wad....finw Nw�b�un nil nnda nnel aYnen�oa innurreA Iw tf!n nru�nanflnn W Wf L�nh Pmrmela uesn anv Indo6todnoff SaCUled
<br /> . _ . . _ . �..�. .�_._.�_.._�.__�_._�.r_._�_..-°----••-•••--•••-----•--•--.___... .------•-�--- � --- -- --. . .
<br /> 'L hereby and In eueh order as Lender may determina.or to apply all eueh Procerede,Mter auch deducttona,to the restoraUon ot the
<br /> �� " ' Property upon auch aondiUone as Lender may determine.Any appHcatfon o!Proceeds to indebtednesa shall not extend or poatpone
<br /> • ., the due dete ot any paymertte under the Nofa,or cure eny deiautt theteunder or hereunder.Any unepplled Sunds shall be petd to
<br /> Ttuator.
<br /> ��� ° � " 8.P�rloRnar�by LwndK.Upon the oaaurrence ot sn Event oi Detautt hereurtder.or N any act le taken or Iopai proceedinp
<br /> . '.''� . ° commenced whtch meteriaQy affecte LendePs Intereat in tha Properiy,l.ender mny In Na ow�diaeretlon.but without obUgatton to do
<br /> ;� , . � eo.and without notice to or d�martd upon Trustor and witt�out reSeaafng Truetor trom any oblt�atlon,do any eat whlah 7ruafor Poae '
<br /> � apraed but talla to do and may atso do any other eei It deema neceaeary to proteat the eeeurity hereoL T►uetor ahgll,immedlately
<br /> ' upon demand thereTor by lender.pay to Lender sll coate and expeases Irtaurred and euma expended by Lender in conneadon with
<br /> , ` � the exsratas by Lender ot the forepofnp�lghb.toQeMer wtth Intereat thereon at the detauit rate provided In the Note,whlch shail be �
<br /> � � •` � added to ths indebtedneas eeaured hereby. Londer ehall not Inaur eny Ilability becauae ot anythinp tt may do ar omlt to do
<br /> .`;at: ,'l���r hareunder.
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