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<br /> •�- t�h��9 m�INn�eddr�s�Is_ (F�oroln Trua br, e ior ddA-or m�ro�. � --2.���,,�;
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<br /> c�,ti� �i y'��: the lYustee, Five Pain4.e Bank, a Hebraeka �orneratian .
<br /> - •j P.O. �ox 15Q7 6rond Ielend� NE 58802 '`�5 �^*
<br />_-.�;;�};,;i,:,:,r�'`*;', whoae maUinfl addreea Is � (hereln"Truatoa"�,end �.:�_...__-__��
<br /> ak,�n • Five Pointo B�nk ---�-�� --
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<br /> ;.;.�� •.�� " ';• •: whasr►maNtng addross ls 2��5 N. araadvell Grand Yplend, t�E. 6B902-15�7 (horcln"Lcndcr"). '� -�'"` ` _-- -
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<br /> •�'"� ��� � • FOR VALUABLE CONSIDERATIO�J,Inclurlinp Lender's extension o!credit identified hereln to --- �,�;,,����:Y�
<br /> ; �� . ti 6 W InvQatnenta Co ., q'�' �ary;.a�.� ._—_
<br /> • (hereln"Bormwer ,whether one or more)and the truat horeln CreetHd, •,��
<br /> � - the recetpt ot which la hereby scknowledged,Truetor hereby irrevocably grants,transtare,conveys end Asstgns to Trvstae, IN . .,'. ��_,�:;.._.�:`�
<br /> � ' ����, TRUST,WITH POWER OF 3ALB,tor tho bene4it end aecurity o4 Landor,under and eub)eCt to the tArms and aonditlons hereinaRer eat ••���•�,�....___
<br /> . " �.. . 10��S�e(��pjqg°,�?'���E��'����'(3?. FOUR tn). FIYE l5), AN� SIH (6) IH ROHFRTS � `-=�Y�----
<br /> SUBDIVISI01! IN THE CITY CIF GRAHD ISLAHD. �IALL COUfiTY. NEHRASKA. , w*```
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<br /> Together with all bulldings,improvementa,fixtures,streete,aileys,paesagewnys,easoments,riphts,prlvileges and appurte- --_
<br /> • nances located thsreon or in enywlse pertalning thereto,end the rents,Issues and proflte,reverslona and remainders thereaf,and �'�..""°'=`
<br /> such per�onal proparty thet la attsched to tho improvementa so as to conatitute e ilxture,inctuding,but no!Iimited to,heating end • ;.-_�
<br /> � caoling equipman�and together wlth the homestead or marital Interests,If any,which Interesta are horeby roleased and walvod;all , �. _.
<br /> • o}which,including replacement�and additlons thereto,is hereby doclared to be a part of the real e�tate secured by the Ifen oi thla '�� _
<br /> Deed oi Trust end all ot the toregofnp befng reterred to hereln as tho"Property". '` -
<br /> • ' This Deed of Trus4 shall secure(a)the payment of the nrincipal aum and intorest evtdenced by a promlasory note or credit a�_�
<br /> $.
<br />� .. . egrc�ment dated 5eptember 20th 1994 ,having p maturity date of._December 19th 1994 , � - ,,
<br /> 19,fD20.50 ,and an and ail modEficatfons,oxtensfons and renewals i{
<br /> In the orlpinal princlpal amount ot S Y
<br /> ' thereof or thereto and any and ali tuture advances and readvances to Borrower(or any of thom It more than one)hereunder "�u, -•
<br /> pursuant to one or more promissory notes or credlt agreemente(hereln callod"Note");(b)tho payment of other sum�adv8nced by h�•, �t
<br /> • Londer to protectthe securlry of the Note;(c)tho pertarmanoe of ell covenants snd agreemente of Truator aet forth he�oln;and(d)ell • �
<br /> ' present and future Indebtednmas end obligatlons of Borrower(or any of them If more then one)to Lender whether direa�Indirect,
<br /> absotute or contingent and whether erlaing by note,guaranty,overdraft or othenvise.The Noto,this Deed o}Trust and any and all : ���
<br /> other docuente that secure the Note or otherwise oxecuted In connection therewlth,Inaluding without Ilmitetlon guarantees,securiry . ;�•'�y
<br /> ';i�,�' . agreements and asetgnments of leasss and renta,shall 6e referred to hereln as the"Loen Documents". „ .,,, �
<br /> , Trustor covenante a�d agrees wlth Lender as followe: ,
<br /> - 1. Paym�nt o1(ndstr,t�dnKS.All Indebtedneso socured horoby�hali be paid when due.
<br /> • 2. TIH*.Truator Is the owner ot the Property,has the right and authority to convey the Property,and warrenta that the Ilen ° :;t � � __
<br /> created hereby Is e first and prior ilen on the Property,except for ilena and encumbrances set forth by Trustor in wriUng and ; '�" ��_
<br /> � delivered to Londer before execution of thia Deed ot Truat,and the cxecutlon end delivery ot thls Deed of Trust does not violRte any ,';�y '.,«��r
<br /> contract or othar abllgatton to whlch Trustor Is subJect . .
<br /> ' �� • 3. Tax�s,AftN�m�nb.To pay betore delinquency all taxes,special asaessments and ell other charges agaln3t the Property ��
<br /> • now or hereafter levled. , � �;.^
<br /> 4. Intur�nc�.To keep the Rroparty Insured agalnst damage by tire,hazards Included within the term"extended covorage",and •
<br /> � �� ` � auch other htszards ae Lender mny requlre,In amounts and with companfes acceptable to Lendar,naming Lender as an�dditlonal � , .f
<br /> nemed insured,with loa9 payable to the Lender.In case of loss under such policles,the Lender ia authorized to adJust,collect and „ y
<br /> compromise,ell claims thereunder end ehall have the optlon of applying all or part ot the Inaurance proceeds(I)to flny indobtedness ,� �.:c:;�
<br /> � �� socured hereby and in such drder es Lender rr�ay dotermine.(il)to the Trustor to be used(or the repair or rostoration of tfle Property �•
<br />�`'� or(ilp for any other purpose or object satlstactory to Lender without aitecting the Ilen of this Deea of Trust for the full amount secured � #�
<br /> � hereby hotore such payment ever taok place. Any appiicatlon ot proceeds to Indebtedness shall not extend or postpone the due .
<br />��" ; dato of any paymente under the Note,or cure eny default theraunde�or hereunder,
<br /> •'•.t'`.. � � 6. E�crow.Upon writton demand by Londer,Trustor shall pay to Lender,In such manner es Lender may deslgnate,sufticient I �
<br /> � suma to enable Lender to pay as�hey become due one ar more of the following:(I)ali taxes,assessments end other chargea against �, .
<br /> the Property,(11)the premiums on the property Insurance requlred here�ndor, and(Iff)the premluma on any mortgago inaurance '�
<br /> ^ roqulred by Lender. � '
<br /> • 8. 111sint�n�nc�, R�paln snd Comptl�ne�with Lewi.Trustor ahall keep the Propertyr in good condltion r�nd repalr,shall ;
<br /> � promptty repalr,or replace any Improvomant which may be damaged or dostroyed;ahali not commlt or permit Rny waste or j ' "
<br /> deterioratton o}tho Properly;shall not remove,dernolish or substantially alter any of the Improvementa on the Property;ehall not �
<br /> „ -� commtt,suttor or permlt any act to be done In or upon the Propertyr In vlolaUon of uny law,ordtnanae,or regulatfon;and sh�ll pay end i
<br /> prompUy disCharge e4 Trustor's cost and expense all Ilens,oncumbrances and charges levfed,imposed or assessed agalnst tha � ,
<br /> {;.,..'�„� , Property or eny part therc�of. .
<br /> 0
<br /> 7. Emin�nt Qomaln.Lender la horeby asslgned all compensetfon,awards.demages end othor payments or relfef(herefnatter
<br /> � ' "Proceeda")fn connectlon with condemnatton or other taking ot tho Property or pnrt thereof,or for conveyanca In Ileu of condemna- ;
<br /> ,� . ,. tlon.Lender ohall be entltied at Its optlon to comrnence,appear In and prosecute in Its own name any acUon or proceedinga,and � _
<br /> : .
<br /> L: ahall etso ba e�titled to make any compromise or settlement In connoc4lon with such taklnfl or damage.In tho ovent any portton of '
<br /> ._____,_.-______:-._._ ' _ ' ' '_' '_ '_.,____'� '__,."_a.�u�.�..�.�.�....u.... t..wee..Ise..Ael.vi.1..ledluwmflnntnnnnlval�aur.hPrrv:nntln :--'-".--.-'--- - . .
<br /> 5�19�'f��JBlly IS W taRtltt V�umunyw.a.onvo� o.mn.�o•o u�o v�.......�....»w.........�..�...�.��.�.�.._...---rr•• ____". ' """'. . ..._...'._-..__... ... . --.
<br /> E. � atter deducting therefrom all coste and exponoas Incurred by It In connsctfon wtth auch Proceeds,upon any Indebtedness sacurod �
<br /> � hereby and In Duch o�dor ua Londor may dotermine,or to epply nll such Procyed�,atter euch doductions,to the restoration of the
<br /> Properiy upon ouch condittons as Lender mey detormine.Any appllcatlon of Proceods to Indebtednesa shall not extend or postpona
<br /> �' � the due date of eny payments under the Note,or cure any detault thereunder or horeunder.Any unapplled funda shali be pald to
<br /> Trustor. •
<br /> �� 8. R��fortn�nos by Lend�r. Upon the occurrence ot an Event o!Qofault heroundor,or If�ny act Is takon or legel proceeding
<br /> ��f � commenced which matorially attects Lender's Interest In the Property,Lander may In Its own dlscrotlon,but wtthout obllflatfon to do -
<br /> 4 so,nnd wlthout notico to or demand upon Trustor and wlthout reteasing Truetor lrom any obllgatlon,do ony act whfch Truetor hsa
<br /> r. ngreed but felis to do end mny also do uny ather act It deems necessary to protoct the securiry hereof.Trustor ehall,Immodlatoly
<br /> upon demend thoretor by Londor,pay to Lvnd�r eil costo and exponses Incurrod nnd auma vxpendod by Londer In connectlon with
<br /> - - the exerclao ay Lender of tho toregning rights,together with Interast thereon et the dofuulx rate provided In tho Noto,whlch ehall bo
<br /> • edde�f to tha Indebtednass secured hereby. Lender ehall not incur eny Ilablllry becauae of anythinp it mey do or omit to do
<br /> -.— hereunder. �
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