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<br /> THI3TNU9YQE�p�tntd�tAf� 2nd dAyp� !;�»I:e�>>cr �.,,�„_.19 g�' .byandar�ionp �RREK API��1•�
<br /> A SINGL6 �1�RSON p0 BOX 12fi WOOA NYVI:R. tdG b8883
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<br /> (hor�i�"Tru�tcx'7�and 8�M Mlli�whoN muUnp addr�is N.O.Box�87�Wood Rivar.Nebraske BOB&i�lherein"Tru.tee��and��8ene�kter�'1.
<br /> FOR VAIUAlIE CONSID9tATI0N, incNdinp th�ird�bt�eis ir�ntifi�d Mrsin ad tM trust h�r�in a�atrd,tM r�c�pt of rA�id+is hKab1�
<br /> t�ek�o�'^�:�,Trustat ir�ovatc�ly�ra�,han7'fcrs.tonvoys.�ef�!�to Tn..�stee, IM 1RliST. WlTH PAWER OF SALE,fat the OerNfit and
<br /> s�curity of B�netieiory,undK ard wb�ct to tlw t�rtns aid ca�ditiom of this Ohd of Trust,tM��ol propaty Aescri6ed as lallonrst
<br /> Lot One (1) in Fractfonal Block Fdur (4), of. C�1berC's Secord Additfon to the Citq
<br /> of Grand Island, tiall County, Nebruska
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<br /> �•;•-���� TOGETMER WI7H,ali reots,proflts,royatties, intome and other benefits derived from the real property�al�teases a subieoses covering the ����.,�
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<br /> . "'�' �eal property or any por4iort thereof,now or hereafter existing or entered into,and oll right, title and interest ot Trostor thereunder:alt in- '�`• ,
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<br /> �� •� terests,estate or ofher claims,both in low and in equity,which Trostor now has or moy hereofter aquire in the real property;ail eosements, �
<br /> rights-of-way,tenements,hereditaments and oppurtenantes thereof and thereto:oll oil ond gns r�ghts and profits,water rigfits and woter
<br /> stpck:all right,title end iMerest of Trustor,now owned or herenfter acquired,in and to any lond lying within the right-of•wa�of any street or
<br /> , highwoy adjoining tha real propeAy, any end all buildfngs,fixtures, improvements,and appurtenonees now or hereofter erected thereon or
<br /> � � belonging thereto,(herein referred to as"ImprovemeM"a"�mprovements")�and any and all owads made for the toking by eminent domain
<br /> ' or by any proceeding ar purchase in tieu thereof,of the whole or ony part of the real prope�ty.
<br /> '� , � � All of tha faegoing estate,property arM interest heraby conveyed to Trustee herein eollectively refe►red to os the "Property".
<br /> THIS OfE6 OF TRUA SHAII SECURE�
<br /> .,.;,� ., _. (a)The payment of indeDtedness evidenced by Trusror's no4e of even dote herewith in the principol sum of RTx�rit trxT �ovsat�m__
<br /> . _ � roA n No!�oo-------------------------------------------------- Dollors (S �a,,p.tL-nn 1.
<br /> � � topether with interest at the rate or�ates provided therein,(herein,together with any and oll renewals,modificatkns,and extensions thereof,
<br /> � , -� refened to as the"Note")both principot and interest on the Note being poyeble in accordance with the terms set fath therein,reference to
<br /> � •• . • Vrhlth is hereby mode,the finalpaymeM of printipa1 and interest,if not sooner paid cnd if no�enewals,modifications or extensions are made,
<br /> '� . , . due and payable on November 1S, 1994 or any extensione or renewa ls thereof _ ,
<br /> (b1 The performance of each agreement and covenant of Trustor herein tontainedr ond
<br /> � {c)The puyment of any sum or sums of money with interest thereon which moy be hereaNer paid or advanced under the terms o�this Deed of
<br /> ,�;, `� ,. .. Trost.
<br /> • (d)The poyment of any future advances rtetessary to pratect the security or any future odvance made ct the option of the porties;and ,
<br /> ;� � ° (e)The performcnce of on obligation of any other person named in this Trust Oeed to o benefitiary.
<br /> '�" TO PROTECT TaE SKURITY OF THIS DEED OF TRUST,TRUSTOR HEREBY tOVENANTS ANO AGREES AS F011OWS�
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<br /> .. t.h�nt of hMdpl�nd Intt»n.Trustor shnll promptly poy when due the printipel of ond interest on the indebtedness evidenced by the
<br /> , Note,mid oll ather charges and fees os provided in the Note,and the principol of and interest on any Wture Advances secured by this Oeed of
<br /> , Trust.
<br /> Z.IN�nrnt�of Tttb.Trustor is lawfutly sei:ed and possessed of good and indefeosible title cnd estate to the Property hereby conveyed ond
<br /> •� � hos the right to graM and convey the Properrys the Property is free end clear of oll tiens und encumbrances except tiens now of record: a►d
<br /> •� Trustor will worrar�t cnd defend the titie to the Property against all cloims and demands.
<br /> f�, 3,N�t�e��u/Coinpnwia wiM�towa.Trustor sholl keep the Property in good eonditlon and repair nnd shall not commit waste or permit
<br /> � » impairment or deterioration of the Property and shall comply with the provisions of ony lecse if this Deed of Trust is on a �eosehold.No improve-
<br /> �`' meM now or hereafter erected upon Me Properfy stali be altered, removed or demolished withaut the prior written consent of Beneficiay.
<br /> Trustor shall tomply with all laws,ordinonces,regulations,cuvennnts,conditions and restrictions affecting the Property and not commit,suffer,
<br /> or permit cny nct to be done in or upon the Property in vfolation of nny law,ordinance,reguiotion,covenaM, candition or restriction,Trustcr
<br /> ' etielt eemel�te or restore nromet�v and in aood workmenlike mcnner any improvemeM on the Propert�►which moy be domoged or destroyed and
<br /> ' poy,when due,all claims for fa6or performed ond matertols furnished 4herefore and for ony alterations thoreof. �'-�
<br /> = 4, Iniwmu.7ntstar,at its expense,vuill rrtaintain with insurors approved by Beneficiary, insurartce with respeetto the Improvoments artd I
<br /> � personal property,constituting the Property,ogainst loss by fire,lightnirtg,tornado,and other perils ond hazards covered by standord extended �
<br /> � . coverage endorsement, in an amount equal to at least one hundred percent of the full replacemeM volue thereof and insurance against such �
<br /> �� �. other hoiards and in such amounts as is customarily cerried by owners end operotors of simular properties or as 8enetieiary moy re�uire for its I
<br /> , protectIon.Trustor will comply with suth other requfremeMs as Bene�itiary moy from time to time request for theproteetfon by inwronte of the i
<br /> � i�erests of the respective pa�ties. All insuronce policies maiMained pursuartt to this Deed of Trust sha11 name Trustor and Beneficiary as in• �
<br /> . sureds,as their respettive interests may appear,and provide that there shcll be no cancellotion or modificotion without no less thon 1 S doys
<br /> � . '� prior written notification to 8eneflciary.1�the event nny policy hereunder is not renewed an or Defore 15 days prior to its expiration dote,
<br /> Beneflcfcry moy prau►e such insurance in attordonte with the provisions of peraqroph 7 hereof.Trus4or sholl derrver to 9eneficiary the original �
<br /> T .' polities of insumnce and tenewols thereof or memo copies of such policies and renewuls thereof.kilure to furnish such insurance by Trustor,or i �
<br /> ' ' renewals as required hereunder shclt,at the option of Beneficicry,constitute o default. �
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