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<br /> -�'r '�'.�.'�''� theTruatar. r;�u�r_1..�:�1'L�QI�.&.�.�2.r1 --...,�.�.._._..�....�_,.�:_v.. .�_.u.�,.
<br /> �212 Q� Grand Island Rae Gr�nd Isl�n�d Ns 688Q1:��2136 �
<br /> �'�",-.+�.�.,.�,•-=�:+�� whnse maliing sddrea9 la�.... --------- (h�roln"T�u!tor;'wheiher�ne or moro),
<br /> � the Tn�stee, - F{+�� �ni��! .��+-�-���sk� Corp,Qr�tion .,� ,
<br /> - '"���A P.O. Box 158y Grend Te1�nd, HB 688W2
<br /> - - - whoae msilinp addreae Is�...-,. �. (herdln"TrueLee'?,�nB
<br /> �'� Five Palnte Banik , -
<br /> �r����� tho Beneticlary, - -- _
<br /> �:3i!-•� (f�erefn°L!�nde�'►.
<br /> "�;„�°��"�' 201� N. Hrpa�laoll Grand Yelend. 1�B. 68402-1507
<br /> ^,nL�.�; whose rnai8n�eddreaa ia `—
<br />_. -t�;'::F�.".:� :
<br /> -=x,s�.�:��r , ��� FOR VALUABLE CONSIOERIiT10N,Including Lender'e c�xtenalon ol credit Identifted hereln to
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<br /> .,. • ` y'.u.:
<br /> ,�,;�..�:ti':.��"�"'.,x.�e;..- GARY L ETH�RTOH
<br /> , r : (herein"Barrower",whether one ar more)end the truet hereln created,
<br /> �p���Y�r�� :�. '.��::1^�;, the�ecalpt ot which Is hereby acknowledged,Truator horeby irrevu�ebty grante,tranatere,conveye and aealflns to Trueteer.IN
<br /> �==��'.,. _.; .,.'.r.� .':" TRllST.WITH POWER OF BALE,for the t»netit and securiry of Lender.under and eubJect to the terma end candidont hersinatler eet
<br /> _= .,"'�- •'�r'° torth,the real pro�pertyl deecrfbed ae foilowa:
<br /> " ���`� of£Grand Ielend��Hel.L�Couetity,� Hebradkea�p�e Addition ta Meat l.evn, in the City _
<br /> .',�'�:�; - . : • �
<br /> � , �,��:'
<br /> " � 7c+gother with all bul!dinfla,Improvemente,flxtures,etreete,aileys,pasoageways,easements,riphts,privlleges end appurte- --�
<br />_ " nancea located thereon or Ir�anywlse pertalning theroto,and the rents,Issues end protits,reverslons nnd rsmelndera thereal,en� [��-
<br /> ° such personal property that la attached to the ImprovemAnts so ae to constitute a Hxt�ra,Inc�uding,but not Itmited to,heating end _-__
<br />, �� �• C) cooling equlpman�and together wlth the homestead or marital interest�,if eny,which intererste are hereby released and walvad;ail �,,�.?�.
<br /> . " o}whtch,InclNdinp rep�acemanta and sddttlons thereto,is hereby declaroal to b�a part o}the real estate aeoured by the lien oT thl� ,•.,;
<br /> • Deed oi Truat and all o}the taregoing befng referred to hereln ae the"Prope►ty". �'�`'_
<br /> This Deed of Truat 3hell socure(a)the payment of the principal eum and intoreat evidenced by a promissory note or credit �.,-..
<br /> ,. ^--� � 2.Z:t �gag �``�L�
<br /> Se te�nber 16th 1994 ,�ay�n n maturi date of °C�'"��" °°
<br /> agroement dated L 9 tY � �;,
<br /> 12.020.50 ,and an and all modlficetions,ext�nslana and renewals
<br /> • In tho origlnel principal amount of S Y ---
<br /> thereot ar thereto and Rny and ell futur�advences and readvancos to Borrower(or any oi them If more than one)hereunder -
<br /> purauant to one or more promiasory notes or credit agreementa(hereln called"NoLe"�;(b)the payment o}other sums advanced by •
<br /> Lender to protect the securfty of the Ncte;(c)tho performance ot ell coven�ants and agreements of Trustor sot torth hereln;and(d)ell
<br /> present and t�ture Indebtedness and obiteatlons ot f3orrower(or eny o}them If mora than one)to Lender whether direot,indirect,
<br /> absotute or contingent and whether arising by note,guaranty,overdraft or otherwiae.The Note,thls Doed ot Tru3t and any snd ell
<br /> ottier dacuentsthat secure the Note ar otherwise executed In connection therewith,includfng witf�out Ilm(tation guaranteea,soauriry
<br /> agreemente and essignments af leasos and rents,shall be refe�red to herein as the"Loan Documonts".
<br /> Trustor covannnta and agrees with Lender as toliows:
<br /> � 1, p�ym�nt o/lnd�bt�dn�.All indebtedness aecured hereby shall bo pald when due. "
<br /> 2. TiHt.Trustor Is the owner ot the Property,has tho rlght and euthority to convey the Properry,and warrants that tho Ilen •
<br /> created hereby is e first and prfor Ilen on the Property,except for Ilens and encumbrences set torth by Trustor In writing and
<br /> deliverod to Lertder before executton of tHla Deed of Trust,and the execution and delivery of this Deed of Tru�t does not vfolate any
<br /> � �� contract or other obligation to whfch Trustor is subJect
<br /> 3. Texa�Aattemenb.To pay before dellnquency afl taxes,speclal esses.amente end all other charges against 9he Property � �
<br /> now or hereatter levlad. -
<br /> 4. Inst�r�nc�.To keep the Property inaured agafnst damage by tire,hazards Included withln the term"extended aovorage",and
<br /> such othe�heaards ae L�ender may require,In amounts and with compontes accepteble to Lender,naming Lender ea an additional
<br /> � named insuroc7,with loss payable to the Lender.In case oi loss under euch pollcles,the Lender Is authorized to adJust,collect and
<br /> compromise,all claime thereunder and shall have tho option of applying all or part of the insurance praceeds(I)to uny Indebtedneas
<br /> secured hereby and In such order as Lender mey determine,(II)to the Trustor to be usod for the repairnr restoretton ot the Property
<br /> or(ill)tar any other purpose or obJect setlafactory to Lender without affecting the Ilen of this Doed ot Trust tor the full amount secured
<br /> � �� hereby betore euch payment ever took place.Any epplication of procesds to indobtedn�ss 3hall not extend or pos4pone the due
<br /> � ° date oi any payments under the Note,or cure any default thereuiider or horeunder.
<br /> " ' .! 5. Etcrow.llpon�vritten dernand by Lender,Truator ehall pay to Lerider,In such manner as Lendor mey deslgnate,suHiclent
<br /> � � ' sums to eneble Lender to pay as they become due one or more of the following:(i)all taxes,assessments and oiher chargos against
<br /> tho Property,(il)the promlums on the property Inaurance requlred hereunder,and(fli)the premfums on any mortgage inaurance
<br /> � -, requlred by Lendor.
<br /> • 6. RAsln4�ntnc�,R�patrs and Complienc� wlth Lawa.Truator shall keep the Property fn flood conditlon and repalr;ahall
<br /> i promptiy repafr,or roplece eny Improvoment whlch may be damaged or destroyod; ahall not commit or petmlt any wasto or
<br /> deterioration of the Proporty;shell not romove,demolish or eub�tentl�liy altar any ot tho Improvementa on the Proporty;shall not
<br /> commit,sutfor or permit any act to be dono In or upon the Property In vlolallon of any lew,ordinance,or regulatfon;and ehall pay and
<br /> � promptly dlschnrge at Trustor's cost and expanse ell Ilene,encumbrnnces and charges levied,Imposed ar assessed agalnst tho
<br /> ' � Properly ar any part thereot.
<br /> � ' � 7. Ecnln�nt Domaln.Lender ia hereby asstgned all compensatton,awarda,damagos and other paymen�or reltot(hereinafter
<br /> "Proceeds")In conrtectlon w(th condemnatlon or othar teking of tho Property or part thereot,or for conveyance fn Ileu at condomne-
<br /> . tion.Lender ahall be entltled at its optlon to commence,appear In and p►oasaute fn Ite own name any actton or proceerlfngs,and
<br /> � shall also be entitied to make any compromi�e or settlemont In connection wtth euch taking or d�mage.In the event any po►tton of
<br /> ...
<br /> _ _-. -.-_--- .�e c.....s.�.ae...�e�e....,.�omonari 1 nndof Rh911 hAVA 1hA ADtl�fl.III R8 SOI9 fllld HbSOIU}H dI8C�0U0(1.LO BDDIV flII BUCII P(OCB�B. -
<br /> - --_.-_.-.----------_� r�-�.,.��...�..�.._. _.�v--•--•---- -�— -
<br /> ' atter deducting therefrom all costs and oxponses incurred by It in connecUon with auch Proceeds,upon any Indebtedness secured f
<br />`� •� hArc�by and In such order as Lender may determfno,or to apply all auch Proceeds,aSter such deductions,to the restorallon o71he �
<br /> Property upon such conditfona as Lendor cn�y determine.Any eppilcatlon of Proceeds to indebtednass shali not oxtend or postpone I
<br /> � the duo date of any paymente undor the Note,or cure any detault thereunder or hereunder.Any unappiled funds shall bo paid to
<br /> � � . � Trustor.
<br /> 0. P�dormtnc:a by Lond�r.l�pon the oCCUrrence of an Event of Qefault hereunder,or if any act la tekan or iegal procosding
<br /> 1� • . Ctlmmenced whtCh mater1811y affocts Lender's Interest In the Property,Lender may In Ite own dlscrotton,but without obligatfon to do
<br /> so,and wflhout notfce to or demsnd upon 7rustor and without releasing Yrustar from eny abllgr�tlon,do any act which Trustor hes �
<br /> �° npreed but tafle to do und may also do eny other aat It deoms necossary to protoct the security hereof.Trustor ehall,Immedtatoly
<br /> upon domand therofor by Londer,pay to Londar all costs end expanses Incurred and sums oxpondod by Lender In conn�ctlon with j
<br /> � � � the exercloe by Lender o}tho torogotng riphto,togethGr with Interesi thereon at tho default rete provided In the Note,whlch shall Go �
<br /> uddad to �ha Ind�btedness sacured horeby. Londer shall not incur any Ilebllity bQCau3e of anythlnp It may do or omit to do
<br /> � heruundev.
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