|
. . • ;� . .r �j��.�4.�;`{��i�+�.�r��•� , n�r. .-^-yf.�.f t. 'J f!)�...i.;1'\V"" "'�icrw �Lj "}""'.:;"' :;t��. f� lr�r,_ .i_`
<br />. _ . � r� T�1.W�R+IflcM ��j TMS�j i.i�. ' �1..'i���.. �•�0 r{f Wanri ��I�i;u.: .. � .:�rt �� ..
<br /> i'^.a.+n.Yirr+i �� .. . . +S.jti�;. � ,.r•-�:�.�F4�(I�� �...:,�. •
<br /> " - - - •SA.+'s.v��z:,. _... :i' . �I1�NI�MI�IM�(rilPYntM�►*M�+", . .,--. ... .
<br /> . . . . .:..,r. . .� ., _ . .
<br /> r < r. .. µ �_ � .A ,��—....._. .: _�.'���.��. _ .. - . _ .... _ .€i.P_'yS#F��....
<br /> � . • , . N�.L�t....e.-�as:r
<br /> _
<br /> = ��— � �
<br /> �,..�..�... ���� ,...�.,,�...�,. :...-„ •._ ����,_�...et=.�eeee�s,r�•�,�.�.a„��v.��x:.�:�a»�.�-... _�.��,_._��..---
<br />.. ----�--� _ � — rr-:
<br />_' �rly7.� .-;I.•_.'.._� 7 _
<br />�r�~ • ,. � �5�,-�'.(-'4� �r�.'��:�4�i�l."JGOC9 ��'�)�I����,��; �ti�f/�f�nPFj 1���/�• � ��.FI��V(�'�ti�l��/� �.�:...
<br />:,.,, • 7id1;�i[il:�QF�'iiLi€��',ia ii�nc�o as af i�o��.1�cfay�9_......._.....�.....ti�nl'¢a,r�i��?Y*�. . -�,4Q��.�.l��,i;;�an�i cr���i��
<br />._ __ _nP.r.xr. I.��..
<br /> _ ",'r-��`('?ei:1-rd'C'
<br /> th�7rustor, Mi.d____�_._.Nebraekn �ouudation� Iasc� A Nebrn�ska Corg�raLion � _ ,Q,_�„�c, �_
<br /> -- -a.a.. un�.. `" —
<br /> _°.°=n. �:�'� wP�oso mc�Itind Hddre�s I��p�A�x 11�}b. Haat�.nge,,_NI�6fi9� (herc►n"Truatar,"whether one or more), �,�,,
<br /> ..�..... . .. �-= -
<br /> '��'�"'�'""r��� Five Pointe Dank, A Nebxaelcs CorporaCion �
<br /> _—=-— tho Trwtee, —
<br />�.���i%�:L;x�''
<br />_�:'':� ��..' �;��;{��°.�"s• whoas malling eddrese le 1'•0. Hnx 150'!e Grand Islsncis NE 68A02 __ (hereln'T�uetes'q,ar,d
<br /> -.�7fMY�5�i�� '
<br /> �'��" � Ffve Po1aCe Bank
<br />-' :, ��l�i;�� tho E3enettcinry, ---
<br />��°�� � �:+ � .
<br /> �,-:;:.4:�,..i: :_..p';�::i�-
<br />��� .•�.'•"•�.,.Y : �hase melling addreae lo __P•0. Box 1501� Grsnd Ioland, NE 50802 (herefn"Lende�'q. ,. _
<br /> - :�, •�` .:n;� ""`"_"
<br />�..' .�:F;�;. � ,�; ! Mid-Nebrnska -.-�-�
<br />�'s'�� FOR VALUABLE CONSIDERATIOPl,Including Lende►'s extenalon o�l credlt i�ontifled heraln to
<br /> _ , •Y
<br /> . • FoundatiAn, Inc. (hereln"Borrower",whethar one or more)and the truet hereln created, —
<br /> • the recelpt ot whlch Is hereby acknowledged,Tru9tor hereby Irrevocably granta,��enstere,conveys and aesigna to Truatee,IN
<br /> . TRU87,WITH POWER OF S�4LE,torthe benetEtand security of Lender,under and e��bJectto tha termsnnd condltlona herelnafterset
<br /> '- ' �' ' forth,the roal praperty,doyorl�ad as follows:
<br />, ;. .. :;
<br />_ . See Attached Schedule "A" for legal descripLions af real actato do�cribed �-- -
<br />' � � as Parcels A through F �
<br /> . . .. r?:;•i' �.',^
<br /> i''�'' Top�ther wkh all buUdings,Improvoments,llxtures, streete,elleya,passageweys,easomente,righte,prl�llogea aad Appurte- =--
<br /> ,,�.ti'•: —°--
<br /> . ��. nancoo locetod thereon or In enywlee pe►telningthereto.and the rente,lasues and profite,reversions and remaindera thereof,and
<br /> such peraonal pPOperty thnt la attached to the Improvemente so ae to conatituta a fixture,including,but not Ilmited to,heating and ���h
<br /> _��"�' „ cooling equlpment;and togethor with the homestead o►meritel Interosts,If any,which Intoreats are horoby rolensod and walved;a11 �rii•
<br /> ;;�',.� � of whlch,Including replaGOments and additlonsfhe�eto,is herehy declared to bo e part o}the real estate secured by the ilen o}thi� �±�r
<br /> `�' Doed of Truat and all o}the toregoing being reterrsd to herein as the"Property". �e�_:=;
<br /> �t�•.-
<br /> Thls Deed of Trust shall sQCUre(a)the payment of the principal sum and Interost evldonced by e promlasory note or credit
<br /> ,:;.
<br /> �__ .,.� �� S�gt�Wb�r 22, :°O8 ��-...
<br /> • ' agreement dated JA�l1.Cl{tUCL ��, L 3�� ,having e maturiry date of , `°--
<br /> «{;._:
<br /> � . In the arlflinel principal amount of$ 568.365.00 ,and any end all modiiicatlono,extenalons and renewals �_"=
<br /> thereof or thereto and any and ell}uture advances end readvancea to 9orrower(or eny of them it more than one)herounder �;::.
<br /> ' � pureuant to one or more promissory notes or credit agreemente(hereln called"Note");(b)tho paymen4 ot other suma advanaed by ��_
<br /> (,F�Y.�
<br /> � Lender to protect the securiry of the Note;(c)4he perfarmance of eli covenanta end�greements of 7rustor set forth herein;and(d)all -
<br /> ''� present and future Indebtodness and obligatione ot Barruwor(or uny oi the:n it mor�thsn one)to Lender whether dlrec�IndireaL
<br /> � � absolute or contingent and whether arising by nota.guarenry,overdrett or otherwise.The Note,this Deed oi Trust and any and all � ,
<br /> •� �� other docuente that secu�e the Note or otherwf se executed In connection therewith,including wi2hout Ilmltation gu�rentees,eecurity
<br /> agreements and essignmonts of leasea and rente, ohail be reiorred to herefn as the"Loan Documente".
<br /> Truator covenants and agrees with Lender as followe:
<br /> _. 1. Paym�nt of Indtbt�dnsu.AII Indebtodness secured hereby ohail be pald when due.
<br /> 2. T(11�.Trustor is the owner oi the Properry,hae the right and authoriry to convey the Property,and warrante that the Ilen
<br /> ,, �, crested hereby is a first and prior Ilen on the Property. except tor Ilena and encumbrences set forQh by Trustor In writing gnd
<br /> - delivered to Lender before exocution of this Deed of Tru�t,and the execution and delivery o4 thla Qeed of Trust doea not violate any
<br /> contract�r other obllgation to which Trustor is eub)ect
<br /> � 3. T�xss,Ast�ssmenb.To pay betore dalinquoncy all taxos,apeclal assessments end all other chargos apainat the Praperty
<br /> now or hereaiter levled.
<br /> 4. Inauranc�.To keep the Property Inaured egainat damagd by flre,hezarda includdd withln the term"extended coberage",and
<br /> such other hnzerds aa Londer may requlre.In amo�nte and with campanfes acceptable to Lender,naming Lender es en addltional
<br /> numod Inaurod,with Io�paynblo to tho Lendor.In ctaso of loss under such pollcles,ths Lender la authorized to ad)ust,collect and
<br /> . compromise,all clalme thereunder and ehall havetho option of applying all or part of the Insurence proceeds(i)to any Indebtedness
<br /> secured hereby and In euch order as Lender may determ ino,(Iiy to the Trustor to be used Tor the repalr or restoratlon of the Proper4y
<br /> ' • or(Ilf)tor any other purpose or ob�ect satislactory to Lender wlthout aitecting the I lan of thla Deed ot Trust tor the full amount secured
<br /> . hereby betore euch peyment ever took piace.Any applicatlon ai proceeds to Indebtednesa ehail not extend or poatpone the due ��
<br /> � date of any payments under the Noto,or cure eny deteult thereunder or horeunder.
<br /> ' 6. Hscrow.Upon wrttten demand by Lender,Trustor shall pey to Lender,ln auch manner as Lender may deslgnate,sufficlent
<br /> aums to enabie Lender to pay as they become due one or more of the tollowing:(I)all taxes,assesaments end other charges agalnst
<br /> the Froperty,(II)the premiums on the property Inaurence requlred hvreunder,and(III)the premtum8 on any mortpage Inaurance
<br /> required by Lender.
<br /> 8. Malntsnanc�,R�pair�and Comptt�nco wlth Law�.Truator ahall keep tho Property in goori condltlon and repalr,shall
<br /> ;, promptly rep�ir,or replaco any Improvoment v�hich may ba damaged or destroyod; ehail not commit or {�ermit eny waete or
<br /> - . ' deterloratlon of the Proporty;ahall not removo,demollah or substantlally alter any of tho improvemente on the Proporry;shatl not
<br /> commlt,sufter or pormit any act to be done In or upo n the Proporty In vlolation of any law,ordinance,or regulatlon;and shall pay and
<br /> . promptly dicchnrgo at Trustor's coet und expense all Ilens,encumbrances end charges lovled,Imposed or aesossed agalnat the
<br /> . ; Property or any part thereof.
<br /> ' � 7. Emin�nt Domaln.Lender la horeby easlgned All compensatlon,awurds,damages and other paymente or rellef(hereinaftor
<br /> "Proceeda")in connvctlon wlth condemnatlon orothertaking of the Propertyr or part thareof,or tor conveyance In Iieu of condemna-
<br /> � tlon.Lendor shall be entltled at Its optlon to cammence,appear In end prosecute In its own name any action or proceodings,and
<br /> ehall also be entltlad to mpke any compromise or serilement In connactlon with auch taking or damago.In the event any portton of
<br /> : ___ __ ths ProDercv la so taken or damagod,Lender shell have the optlon,In Ite sole and absolute dlsoretlon.to epply flll such Proceede,
<br />.„-: _-- - - --
<br /> eitor deducting theroirom all costs and expensos Incurrod by It In connoction wlth such Proceeda,upon any Indabtednoss aecured f
<br /> , heroby pnd In such order es Lender may determino,or 4o epply ell such Proceeda,after such deductiona,to tho restoretlon of the (
<br /> • Property upon such conditions ae Lender may detormine.Any epplica4lon of Procaeda to Indebtednoss shell not extond or postpone
<br /> ; , the due date oi eny paymente undar the Notv.or cure any default thereunder or hereundor.Any unapplled funds shall be pald to
<br /> i Truator.
<br /> ;• B. Partormance by L�nd�r.Upon the occurronce of an Evont of Default horeundor,or It any act fs taken or legal proceeding
<br /> �� � commonced whlch materlally aftacte Lender's Intorent in the Property,Lendor may in ita ouun discretlon,but without obligation to do
<br /> � so,and without notico to or demand upon Truator and without�eloasing Yrustar from any obllgatfon,do eny act which Trustor has �
<br /> y agreed brrt fails to do and may also do eny other act It deems necesaery to protect the eocuriry hereot.Truator shall,Immediately �
<br /> upon domand theretor by Lender,pay to Londer ell coats and expensv3 Incurred and aums exnended by Londor In connocUon with {
<br /> �` the exerclee by Lender of thd foregoing riphts.together with Intereat thereon et the deft►ult rete provlded In the Note,whlch ehail tre ;
<br /> � added to thn Indebtednese securod hereby. I.ender sh�sll not Incur any Ilablllty beceuse ot anything It may do or omlt to do !
<br /> � . .' herdunder. '
<br /> .r i ..
<br /> i ..
<br /> �
<br />
|