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<br /> �;�,,,;,.�;;. �:�.r.: , � � � DEBD QP TiiU�T WITH �UYURE ADd�NC4�8
<br /> �� ���� ' TH18 O��D QF TRUBT,fa made a�at the 2�t�day of�.�U��• ,tO...�by and�rtfonp
<br /> �+'�`''' � T''�� Yernicr 4 Zaot�xv e�nale oweoan ----,
<br /> i7���;?r,�;i:::��:u. � ZIfdTRJOtO�� �gp�
<br /> ��; � w h o a e m a f i l n p a d d r e a i a 4039 SahQel Rd arnnd I0len dsrNn"T�ustNorH,"w�ani a mar�),
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<br /> •�;� � �•- the Yruatee, F�.vP Pai.nte Bsnk, e tlebraeka Gosporatioe _,
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<br /> �:-�,°<`,•,.=:�. P.O. Box iS07 tirend Ielaad, HB 68802
<br /> {:�.. .• �_,.�� whose melling addreaa ia (husin"Tiwbs'�,�nd
<br /> •::�,Y'. ,�� • � .,e�s�+'• the BerteHdary, Fiee Points Bank �
<br /> 'F�"' � ' '• ,`;.:a whoae malUrtQ addreas ta �a15 t�. Bros�rel� Grend I�land, NE. 68802-Y807 �hereln"La�ds�'�.
<br /> L.
<br /> °�=:, ,. � .��� '� FOR VAWABLE CONSIQEFIATION,iRoiuding Lenders extenelon of aredit IdeMlfted herein to
<br /> y;• " Verniae L Zaohry (herel�"Boaower'.whether one or more)and the trust heroin aretted,
<br /> `� �: Me receipt of wMeh(s hereby acknowiedged,Trustor hereby ir�evooabty grents,tranefero,conveys and aaelarro W TiueEas.iN
<br /> �� � TRUST.WITHPOWEHOFSALE,fortheb�nefitandeeaurityofLender,underandsubJeattothetermsandconditlo�ahareinatte�set
<br /> • � �orth,the real ro�e�y desaribed as toltows:
<br /> " ` LOT SYXTEE�N (16� OF SCFIEEL'S SUBDIYISION OF PART OF THE SOUTHEAST QUAR7ER OF THE SOUTHWEST
<br /> � qUARTER (SE�S�J#) OF SECTION THIRTY-TWO (32). TOWNSNIP ElEYEN (11? NORTFi, RANGE NINE (9)
<br /> ., , , WEST OF THE 6TH P.M.� NALL COUNTY, NEBRASKA.
<br /> �� Topether with alt buiidings.improvement$,8xtures,streets,aileys,passageways,easements.►i0hte,prhllegee and eppurte-
<br /> �_;..'' - naneea located thereon ar tn anywiae portafninp thereto,and the rerne,isaues artd profite,reveratona mru!ramalndera tf►sreof,and
<br /> '�`��.:•�' auah personal properiy that isattaohed to the improvements eo ae to consdtute a ilxture�inatuding,but not pmitQdta.heaUnp end
<br /> �;,�:;;t aooUng equipmen�and together with the homeatead or maritai interests,it any,whicb interests are hereby reteased snd waived:all
<br /> •y�`'� �:'�r; ot wht�sh,including repleaements and addido�dthereto,Is heraby daalared to be a paK uf the reat eatate aeaured by fhe lieh o!this
<br /> ��r".`:�;�: Oeed of Trust and atl of Me foregOing being�etened to herein as the"Properiy".
<br /> ,'.+,,;;;,'
<br /> . Thts I�ed of Truat ahall seeure(a)the payment oi the prtnalpai sum and intarast evldenced by e promleaory note or credit
<br /> .'`�•,"`�: � � .,; agreement dated Auguet 25tb 1994 ,having a maWrlty date of Auguat 25tA 1998
<br /> .----_;*s<,, �
<br /> • '�;�;.,;, 8,020.SO
<br /> , �a•:. : in the o►iglnAl prinafpaf amount of 8 and any and al�modiilcadons.extemiona 8nd renewa�s
<br /> • thereof or thereto and any and aIi future advancea and readvanceo to Borrower(or any of them(f more Nen one)hereunder
<br /> pursuaM to one or more promfssory notes or credk agreementa(hereln aelied"Note'q;(b)the payment af other auma edvanced by
<br /> •• • Lender to proteat the seourity of the Note;(o)the performance of ail aovenants and egreeme�te of Truator eet torlh hereln;and(d)alt
<br /> preaent and t�ture indebtedness and obligationa ot 8orcower(or any ot them ft more then one)to Lender w?�ethsr direat,indtroot,
<br /> . abaotute or continpent and whether aristng by note,�uaranty,oveMraR or otherwise.The Note,thla Oeed of Truatand any and all
<br /> otherdocuents thataeeuretheNoteor otherwiee exeeuted in conne¢tion therewith,tnotuding without IlmitaUvnyuarentees.securHy
<br /> agreementa and aaeipnments of leaaes end rente,shall be referred to herein as the"loan Ooeumento".
<br /> Truawr covenanta and agrees with Lender as tottowa
<br /> � t. Papm�►t W IndN�t�dnas.All►ndebtedness seoured hereby ehatt be paid when due.
<br /> 2. THN.Truetor ie the owner of the Property,haa tho ripht and authodty to convsy tl�e Properry.and warraMS that ths Iten
<br /> � areated hereby ia a 8ret artd prior Iien on the Proparty,except for tlena artd encurt►braneea set lorth by Trustor f�writlnp and
<br /> .. delivered to Lander beforo execudon of thfa Deed of True�and the exeautton and delivery of thld Oeed ot Truatdees not vfotaU any
<br /> contreat or other obllgaUan to�+rhich Trustor ta subJeot
<br /> 3. Taxn.Assuttn�nb.To pay before delinquency ait taxea,speclal aasessmeMa and all other chargaa epainat the Propsrty
<br /> now or herea4ter levted.
<br /> • 4. Inwranu.To keep the Property f�sured agalnst damage by ilre,hararda inctuded wlthin the term"extendadcoverape".and
<br /> , such other hauirds ea Lender mey requlre,in amounffi and with companlea accepffibte to Lender.naminp Lender as an t�ddWonal
<br /> �� named irroured.with�osa payabte to the Lender.in case of Ioss under euch pot�ies,the Lender ia authorized to adJust,copect and
<br /> � compromise.��I ciatma thereunder tind sheii heve the opdon of applying a�l or part ot Me tnau�ance proceeda(q to any Indebtedness
<br /> seaured herelby and in euch order as Lender may determine,pl'to the Truator to be used for the repalr or reatontlon o!Ne Property
<br /> or(Nq tor any otfier purpoae or objeat setlsiaetory to Lendsr without atfecdng the Ifen M thla Ceed of Tin$t brtheNtl amouM seeured =
<br /> hereby betore such payment ever took pface.Any applicetlon of proeeeds to irtdebtedness ehati not extend a paatpone ths due •
<br /> � �• date of any paymeMa under the Note,or cure any detautt thereunder or hereurtder. .`•���
<br /> �� ' � b. �ecrow.lipon r,rMtten demand by Lender.Truator shail pay to Lender.in such manner as Lender maydesipnate,suiftcleM -��
<br /> �° sume to enabte Lender to pey as they become due one or more ot the bliowing:(i)all taxes,assessmenffi and otl�er charges apair�st
<br /> •� , the Property.(tf)the premfuma an the properry insurance required hereunder,and(iii)the premiums on any mortpage Insurance
<br /> required by Lend�r.
<br /> � � 8. Wint�nanc�,R�psin and Compllar�c�wltA I.�ws.Truator ahall keep the Properiy In good conditlon and repair,ahatl
<br /> � �, prompUy reps(r,or repleae any trr�rovement whlch may be damaged or destroyed:ahall not commit or permit eny waste or
<br /> � . . deterioration of the Property:shall nat remove,demolish or substantlally atter any ot the improveme�on the ProperlY aha{I not �,�
<br /> commi�sutCer or permft any act to be done in or upon the Properly in vio�atlon oteny law,ordinance,or ropu�tlon;and ehap pay and
<br /> promptly d(saharge at Tru�tor'o cost and expense a�t Ilene,ertcumbrartces and chargea tevied.imposed ar aase�sed egainat the
<br /> . Properiy or any part thereof.
<br /> � 7. EmlMnt Ra�uln.Lender Ia hereby assigned ail compertseUon,ewarda damages and other paymenb or relie!(herelnaiter
<br /> "Proceeda"►in conneatton with condemnaUOn or other takfrtg of the Property or paRthereof,or tor comeyanco In 1 teu of condemna-
<br /> bon.Lender shall be e�Uded at ita opUOn to commence,appear in and prosecute in Its own name any action or proceedings.and
<br /> • ' shali also be enUtled to make any compromise or settlement in conrteoNon with such taking or damage.In the eveM eny poAton of
<br /> ; , the Propery is so taken or damaged.Lender ahall have the opUort,in its soie and absolute discreUon.to apply eq sucb Proceeds.
<br /> after deduaNne therefrom all costsand expenses incurred by it In conrtection with suah Proceeds.upon any tndobtedness secured
<br /> a hereby and In eucb order as Lender may detemsine,or to appiy alt suan Proc6ed�,et[er aucn aeaucdona cv ms �esio�auan oi me
<br /> ` Property upon euch condidoea as Lender may detc�rmi�e.A�y appilcadon ot Proceeds to indeDtedrtess shall�otextend or postpene
<br /> e
<br /> � � , the due date oi any paymenta under the Note,or cure any default thereunder or homunder.My unapplied tunda ehali be patd to �
<br /> �:�;;.. Ttustor. I
<br /> � g, p�rlormtrta br L�rtd�r.Upmn the occurrence of an Event ot Qetault hereunder,or it eny act is taken or Iepat proceeding
<br /> )r� `'��'` commeaced whieh mateMallyaffects Lender's IMerest in the Property,Lender may tn ita own dlseretlon.but withoutoOltgatlon to do 1
<br /> l i`jj � � _ so,end wNhout noU��e to or demar�d upon Truato�and without�eteasing Tnistor hom eny obilgaUon,do any act which Yruator has I
<br /> agreed but fatls to do and may atso�o any other act It deems�ecessary to protect the seaurity hereof.Trustor shall,Imrnedlatety I
<br /> �..:5,, • : upon demand theretor by LenQer,pay to�ender ail costs and expenses incurred and sums expendad by Lertder f n connectlon with
<br /> c�,;;`",{ the exe�aise by lender of thetoregoing Mghb.together wlth interest thereon atthe default rate provtded In theNote.whlch shail Ee
<br /> � � � added to tho indebtedness secured hereby.Lender ahall not Inaur any Ifabliity because of anythirtg It may do or omit to do
<br /> ,� heteurtder. i
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