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<br /> — the�rubtae, � � - ___
<br /> _ �p,p. Apx 150� Grand Ieland. HE 68802 � (he�eln"T�utbs"►,�nd
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<br /> - the 8aneffclery, ' "--�_-- :
<br />�=;;����_�r� '1015 H. Broedwell Grand Ialond� NE. 6fi8Q2-1507 ���oreln"Lrtnder'�. � ' «
<br />--_�`��w.�,..,��- whoae maliln�a�dreas fs - 8111 Sunderaeier °`L"""°'-""°°`"_.-_•
<br /> _ (�"1"'��m�innst�:
<br /> -- -°- FAA YALUl181.�CQNSIDERATION,IncludEnp Lendere extenalon o}c�edit IdentiTiet7 herein to - •s, .
<br /> - �'��`=�� � B Paa� Sundermeier
<br /> -_-��'�!Y={., ry� (herein"Borruwer",whether one or more)and tho truet heretn created, {„ � _°
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<br /> ._,�_��;��jyr.�r , ihe�BCelpt 01 WhIGh Ib hefciby flCkROW1841QBd.Trustor hereby Irrc�vocably grants,transfere,conveys and aeslyns to Truateo,IN , r,,, .'
<br /> -- T�iUST,W ITH PaWER OF SALE,tor the benelR and security oi Londer,under und aubject to the terma and condltlone herelnaftur oet �'��� �'���W'�'�
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<br /> -�.����_.,.- tortt�,ttte �eal property,described as toilowe: .,'rN•-'�`�"'f"�"`'`
<br /> '_-'-°-"-�':�#�'i!k�� .:. 4;�.;°��W--`�-
<br />-- �� ' !�lES'FERLY SIXTY {60) FEET OF I.OT SEVEN (7) IN BLOCK THREE (3) , "�~'���"��^-
<br /> �r"��u.'��;:.,.�,;, - ._
<br /> '-_�':�'• ����' ' DONIPHAN� NALI. COUNTY, NEBRASKA. ' '-tl���r
<br /> _�..:.r�r.,���:�m;��' + � ..i.�`�'�.�::t;as.
<br /> -:..�F.�R�`F�yi's-k�:�.:. •�„ ��c�.
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<br /> �:..• ��'�:�s.. Taya�er with all bultdings,improvementa,Nxtures,s4reeta,alleys,passagaways,easemente,rights,privilopes und appurte- ,u
<br /> ���-'��'���`• nencea loceied thereon or in en ise pertalnln thereto,and ttte rents,issuea and profits,reverstons and remafndero t3�ereot,end ``�` "'�'
<br /> W� 9 ' z;r_��*°-
<br /> � �• °� such porsonal property that fs aYtflched to ihe Improvements ao as to conatituta s tixture,IncludinQ,but not Ilmited t�,heating end �� •• ;���;a���
<br />...��r:����'%t�`�"'���• coolln uf inenx and together with the homestead or marital Interests,ll eny,whlch Intereste are hereby release�and walvod;all �
<br /> .h.. . , ... 9eQA
<br />;.;"; • -�.;•• . : a1 whtch,includlnp replecements and additlons thsreto,la hereby doclared to be a part of the real estote securod by the Ilen of thta �� !�'i"?t`�.�°`-
<br /> '`` ''�� '��� '•��' Deed of Tru;;end a!1 0}the foregoing boing refeired to heroin ae the"Property".
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<br /> .:•�::;� ..•. .. . .,,
<br /> � • � 1'hls Oeed o1 Trust ahall secure(s)the payment of the prinalpal sum end Ir�torest evldenced by a promissory note or credit C.s '� . •��.
<br />.. '• . . �,��
<br /> ` ' ' Septemt�er �2th 1994 December 1lth 199A
<br /> n:ranment dated ,having a maturity date at � � t i��
<br /> .. '�:i ' .. 23.370.50 ��i ��,
<br /> � in the ori ginal principal nmount of 3 ,and eny and qll modificatlone,extensfons and renewals �` .,
<br /> • � • thereot or thereto and any and all future adv�nces an d rea dvancea t o B o r►o w e r(o r a n y o f t h e m f f m a ro t h u n o n e) h e r e u n d e r . 4� .
<br /> � pursuant to one or more promisaory notes or a►edit egrec►mente(herein cailed"Note'�;(b)the payment of other sums edvanced by .���
<br /> � Lender to protect the aecuriry of tho Note�(o)the pertormence of all covenants and egreemonte of Trustor set forth herein;and(d)all
<br /> present and(utur�indebtedness and obllgatlone of Sorrower(or any of them If more lhen one)to Lender whether direcL Indlrect, � ���;
<br /> .�-�- , ebsolute or ccntingent artd whether erlefng by nate,puaranty,overdr�ak or otherwlae.The Note,this Deed of Tru�t and any and all �
<br /> other docuents thet secure the Note ot otherwlso executed In connectlon therewitfi,Including without Ilmitatton guarnnteos,seaurlty � X:•_,r��
<br /> ,•., . . � . . egrenmants and assig�ments of leases end rents,shall be referred to hereln as the"Loan Documents". �' ,",���
<br />:,,�:,,,,;, .,.,�;;,},�,;' Trustor covenants and egress wlth Lendor ae follows: �'`�
<br />.,,.,., .,;.. .,. , 1,paym�nt al(nd�bt�dn�u.All Indobtedness secured hereby ahall bQ pald whon due. , q�'
<br /> � 2.T391e.Truetor le the owner ot tho Property,hae the right and authority to convey the Property,and warrants that the Ifen � '��,
<br /> '• •' created t�ereby ta a first and prtor Ilen on the Property,except fur Iiena and encumbrences set for4h by Truator in writing end �
<br /> '"`�{�'`'�{°"'� �'�•", delivered to Londer before executlon ot this Deed of Trus�and the execution and dellvery of thla Deed of Trust doos not vlolate any •� , .. �,-
<br /> ��'�?� ?� � contraCt or other pbligation to whlch Truaror 1�aubject .� Y�� .
<br /> ,.,,���,. �y_ ..��.�,,, 3.Taxn,AfHtsm�nts.To pay beforo deiinquoncy ell texea,epeclal assessments and ell other charges agetnst the PropeAy • „
<br /> now or hereatter levted.
<br /> � " 4. Insurana�.To koep the Property insured agalnst da�nage by Ilre,hezarda Includod within the torm"extondod covsrago",and ;.;,:
<br /> . . such oUter har.ards ae Lender mny requi�e,In amaunt�end with companles acceptablo to L�nder,namina Londer as nn addfHonal ,.
<br /> named Insured,with Ioss payable to the Lendor.In caBe of loss under euch pollcles,the I.ender is euthor�zed to ndJ�ast,collect and ,
<br /> � •� compromise,a��cielms thereunder and ohall havo the option of epplying alt or part of the Insuranco proceods(I)to any indebtedneus I . , �� �,,'
<br /> ' _ . secured here�y end In�uch order as Lender may determine,(Iq to the Trustor to be used tor the repalr ar rosroratlon of the Property I�
<br /> --� or(ii�p tor t�ny other purpose or object saUslactory to Lender without aftecting the Ifen ot th Is Deed of Trust tor the full emount secured
<br />�_.•,�.^� , , hereby before such payms:�t ever took plecA.Any applicatlon of proceads to Indebtednesa ahall not extend or poatpone tho dua
<br /> ',.�, ° date of any puymonts undsr the Note,or cure e��y default th�r�ounder or hereunder.
<br /> b. Eacrow.Upon written demand by Lender,Truator shell pay to Lender,In such manner as Lender may designate,aufticfent
<br />= sums to onabte Lende�to pny es they become due one or more ot the following:(I)ali taxea,assessments and other chargos agalnst �
<br /> - �� the Property,(ii)the prornlums on 4ho property Insuranco requlred hereunder,and(III)the premluma on any mortgage Insurance i
<br /> � requfred by Lender. i
<br /> � 8. MdnlM�nc�,R�paln�nd Complfanc�w(th Laws.Truator shall keep the Propsrty In good conditlan and repafr;ahall
<br /> � a`?� promptly repair,or replace any Improvement whlah may be damaged or destroyad; ahall not commit or permit any virasta or . -
<br /> � dotenoratlon nf the Proporty;shall not remov�,deniollah or subatsntlally alter any ot the improvemonts on th�Property:shall not �
<br /> - commlt,suftor or permit any uct to be done In or upon the Proparty In vlolatlon of any law,ordfnance,or regulation;and ahall pay and
<br /> l pramplly dlscharfle at Trustor's cost and expense all Il�ns,encumbrances and chargea levled,Imposed or assessed againat the
<br /> - o Properiy or any part thorcof.
<br /> �;:•; 7, Emin�nt Domain.Lendor Is hereby asslpned ell oompensation,awards,damages and other payments or reliet(herelnatter , :
<br /> y,._. . "Proceeda")In connecUon wfth condemnatlon or other taking of the Property or part thoreof,or tor conveyance in Ileu of condemna- i
<br /> �, • �� tlon.Lender shsll bo entitled at Its optlon to commence,eppear in and prosecute In its own name any actlon or proceadings,and �
<br /> � " shall also be entitlod to make eny compromiso or se4tlement in connectlon with such taking or damage.In the event any portlon ot �
<br /> �� the P�oporty is so token or damaged,Lendar shall have tho option,in tts sote and absolute dlscretion,to apply all such Proceeds, ;
<br /> --- ----- att�v deducUna theretram all costs end expenses Incurred by It In connectton with such Procseds,upon any fndobtedness secured
<br /> -•�- �--
<br /> � �� hareby and In such order as Londer may determine,or to appiy ati sur,n Proceeds,etter BUCtI OeOUations,io me resi��d"u'vTi v�...a � --_-=__ -
<br /> Properly upon auoP�condiUona po Lend�r may datormine.Any appllcatlan of Prxeeds to Indebtednoss shnll not oxtend or postpono
<br /> � , the due dato oi any paymonts under tho Note,or cure any dotnult thoreund�ar or hareunder.Any unapplled funds shull bo puld to
<br /> � Trustor.
<br /> 6. P�dorm�nc�by L�nd�r.Upon the ocourrsnco of en Event of Dotault hereunde�,or ff any act Is taken or legal procoeding
<br /> R � commenced which materl�lly aHects Lender's In4oreat in tho Property,Lendor may In Ita own dlscreUon,but wiMout obligatlon to do
<br /> � •• so.und without notfce to or damand upon Trustor end without relousing Trustor irom any obilgatton,do any act whtch Trustor hna
<br /> ayreed but feils to do and may also do any other act It deeme necessbry to protect the aecurity hereo}.Truetor shall,Immedlut�ly
<br /> � . upon demaizd therofor dy Londer,pay to Londer oll costa end expenses Incurred anal auma oxpended by Lon�er In conneation with
<br /> •� � fhsexercie�by La��er oS�Pte to��oirig r{pht�,tog�2h�:::�lth Intsre�t thereen etth9�pfault rate orovided In the No4o,which ahall be
<br /> �. added to tho IndebYednass securad hereby. Lendar ohal: nui Incur nny Iiebllity because oi nnyrthing It may do or omft to do
<br /> � hereunc3er.
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