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<br /> �-•'•�7� ^'�;s?. TNIS DEEO OP TRU�T,le made ae ot tho___�._dsy of.�.�........�.-_..,,�.--.- _.�.,.,�-..----,7p.�,by and a�n���y .�M��_
<br /> s. �,_ :_
<br />---±��-1'-���=- TYSON HXLL an� JO A HIJ.L hueisand nqid wi£�,,,,� _,,,_, ,
<br /> �„„,,;,,,�,r,tr,_,�,-,�,,, the Truator,_ -
<br /> � whose mailinp addreso Is 217 An�i'�Q� U��e Dnniphon NF�� G6D32 �p��r�1n"7ru_tor,"t�helh•"f f411A tlf(il'0f8�, !��i��
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<br />�-'�3'�"`�,1�'�'��•a��,r? CHARLES W HASTINGS ATTORNEY AT LAW �
<br /> . _��� �.���.
<br /> -u.�!�=,�:%.;�" . . the 7rur�tee,
<br />�—:.�'\7����4.'_:'.'• 1�1 �Y_.Y..:
<br />�-;:�i:,aiyt�:;���:�itt�?� PQ Box 1044 Hastings t�E 6890`L-IOGk (herein'Trustee"),and
<br />--.�;.. .� .-. ;..,?... whosa malltng addrosa Is =_-�-.
<br />��., . . �., �,..
<br />�:;4:0 '.." .� ' � .:,:::.,,. CITY NATIONAT� BANK AND TRUST C6t4PANY, HASTINGS� NT�BRASKA � �a�.:
<br />� g�� . .. the 6enefictary, ty�,�,�1
<br /> "�"� �ri � PO Box 349 Haetinge NE 6890'Z-0�49 �(here�n"Lender'�. ''�
<br /> �i,�...'��'�- - ',>��1', - whose mallin�address la_ __ +F���
<br />_;;���� :. . , . TYSON HILY, and °°��_
<br />�••i. . � •ti� FOA VALUABLE CONSIDERATION, Including Lander's extonelon o}aradlt Identi0ed hereln to �_.
<br /> JO A flILL� husband and wife ny
<br /> y : (horeln"BoPrower".whether ane nr more)and th�trust herein creatod,
<br /> ��::
<br />�,��'`'•`"• ' �`� � the recelpt of whloh is hereby ackn�wledpad,T�ustor horeby Irrevocabiy prnnte,tranetere, conveys an�asslgna to Trustee,IN �,t,•��.��
<br /> �:• • � . --, �4:;�
<br /> • ' •,'��, TRUST,WITH POWER OF SAL�,for the beneiR and securlty ot Lunder,under end subJeot ta the M•ms and cor diUonnhcreinafter aet _
<br />_�'�"•- �. . . .. _.°-""'
<br />�,y , , forth,tho real prope�►y,de�c�ibsd as follo;�rs: •- --
<br /> �-
<br /> � �� ' Lot 19, Leiaure Va11ey Lake Subdivision� Hall County� Nebruaka �-�r-
<br /> .::�•',_�;;.• • ..
<br />,+:i''�'.r '•, • COMhI011I�Y KNOWN AS: 217 Apricot Lane� Doniphan� N� ��;.
<br />, s, . ' Together with ail bulidinps,Improvemente,fixlures,atreete,alioys,pessapeweye,oasemonts,righte,privllege9 end oppurte- —�`;'.::
<br />_ nancea located thereon or In enywiae portaining thereto,end the rente,Isauea and proil4s,reverelono nnd remalndera thereof,and ��}��
<br /> .• such personal property that Is attachod to the Improvements so as to constituto a tixture,Inaludinp,bW not Ilmitod lo,heating and � -._
<br /> ' � � cooling equipmont;and togother with the homeaRead or marltal Intereste,M uny,whfch Intereate aro hereby relaeaedand walvod;all ��'��;
<br />= af which,Inoluding replscemonte and addltione thereto,Is hereby dealared to be e pari o1 tho real eatate eeaured 6y the Ilen of thia ���:__;
<br />.� ' Deed ot Trust artd all o}the foregoUg being referred to horeln as ths"Property". "�'°'`�'�
<br />' �, , ��{4
<br /> -- rhlo naa��t rruet shall secure(a1 the payment of the princlpal sum end interest evidenced by a promleeory note or credit �J�
<br /> ___ _ _ --- -
<br /> r.. �.,.-,
<br /> . , • agreement dated October 4, 1994 ,having e meturity date o1 Novembor 1. 1997_ , ,�_.�.
<br /> ��F
<br /> „ ° In the orlginal prinalpai amount of$ 67,200.00 ,end any and ell modlficetinne,extenela�n! and renewals
<br /> ' thereoi or thereto and any and all future advances end readvencea to Borrower (or any of them If more thaet one)hereun�er ����:
<br /> puraunnt to one or more promissory notes or credit agreements(herefn cniled"Note"►;(b)the payment o}othor sume advanced by ���?;
<br /> Lender to proteat the aenurity of the No4e;(c)the performance of al I covanante and agreementa of Truator sat forth hereln;end(d)all .t�,.-
<br /> - � present and future In�lebtednesa end obllgattons ot Borrower(or any ot them if more tha�one)to Londer whethor dlroCt,Indlroct, ` �.
<br /> absolute or contingent and wY►ether arising by note,guaranry,ovordraft or otherwise,Tho Note,thle Deed o1 T�uetend sny end all ..:ti:
<br /> ,•�''i other docuente that seCUre the Note or otherwlse oxecuted In conneatfon therowith,Inciuding wlthout Iimitetlon puernnteee,securtty
<br /> ' `'� agreemente and essignments of leases and rents,�hall be referred to hsreln as the"Loan Dor.umente".
<br /> - Trustor covenants and agrees wilh Lender as follows:
<br /> ,:., � 1. Paym�r+t o}(ndebtedn�w.AH Indebtedness secured hereby ahali be pald whan due• -.5;
<br /> •':r V'� 2. Titl�.Truetor is the owner ot the Proporty,has the right and authorlty to convey the Propert/,end warrente that the Ilen
<br /> " created hereby Is a flrst and prlor Ilen on the Property, excopt for Ilens end encumbrences set forth by Truator In writinp and �
<br /> � dellvered to Lender before execution of thls Deed of Trust,and the executlon and dellvery ot thls Deed of Truat daee�ot vlolate eny �
<br /> � contraGt or other obligation to which Trustor Is subject
<br /> • 3. Tazss,Ae��s�m�nti.To pay before delinquency sll texes,specisl assessmento and all other chrlrges sgelnet lhe Property
<br /> „ � now or he�oafter Ievied.
<br /> � 4. Insuranc�.To keep the Property Insured against damage by tire,nazarda Included wllhln the term"extendad covernpe",and
<br /> � ��;.� such other harsrds as Lender may requlre.In amounts and with companles ecceptable to Lender,namin{�Londerae Bn additlonal ,
<br /> ,� ' named ineured,with loas payable to the Lender.In caee of Ioss under such pollcles,the Lender le authorized to ad�uet,collect and
<br /> compromlee,all ciaima thereunder and shall have the option of epplying all or part of the Inaurenco procoods(i)to ony Indeb2ednoss
<br /> ��4 secured hereby end In euch order as Lender may determfne,(iq to the Truator to be usod tar the repalr or rostoratlon o1 the Properly
<br /> or(III)for any other purpose or obJact satlstactory to Lender without aNecting the Ilen of thle Deed o}Truet for tho fullumnunt eecured
<br /> • �� �, hereby bofore such payment ever taok place.Any applicatlon of proceeds to{ndobtednesa shall not oxtend or poatpone the due
<br /> �Y . , date ot any paymenta under the Note, or curo any detault thareunder or hereunder.
<br /> --�= • 5. Escrow.Upon wrftten demand by Lender,Truator shall pay to Lendor,{n such menner ae Lend�r mny daeinnnto,aulficlont
<br /> � �' sums to onable Lender to pay os thoy become duo one or more of the following:(I)all taxos,a�sosaments�nd othor ch�rpos apnlrsst
<br /> : � the Property,(li)the premluma on the property Insurance requlrod hereunder,and(III)tho promlume on ony morlgapo Ineurenco ,
<br /> � 's required by I.end�r.
<br /> ° � B. Malnt�nanc�,fl�paln and Compllance w{th Law�. Trustor shall keep the Properry In pood aonditlon and r�fpalr;shull
<br /> promptly ropalr,or ro�lace any improvoment which may be damaged or destroyed; ahall not commlt or perml pu�,wneto or
<br /> ' deterioratlon of the Property;shall not remove, dernollsh or aubotantlally alter any of the Improvomento on ihb Pro o aholl nol
<br /> ` � � C om tl Shcscharperat1Trustor'etcoat and expen e�all I ens,encumbrenaes and cha�rges ev�ed Impaseduort ssd sedhapedn9l�tho
<br /> .. ,� ; � Prop rty or eny port thereof.
<br /> 7. Emi��nt Domdn.Lendor Is hereby aealgned ali compensatlon,awards,damagea and other paymenla or rollol(herelnatter
<br /> •� � "Proceods")In connectlon with condemnatlon orother taking of the Property or partthereof,or for convoyanco in flsu o1 condemnn• ,
<br /> _ � � tion.Lender shali be entitied at Its option to commence,appear in and prooecute in Ita own name nny actton or precoedlnfle,nnd i
<br /> � a ' ----- - - -.._ e�..0 e�e..�o�nti�tm m�ke anv comnromlae or settlement In connectfon wlth such taking or demnpa.In tho ovonl nny portlon o1 i
<br /> . - - ---__ ...�.......�---• ---- -
<br /> • � the property Is so tAken or damac�ed.Lender shall have the optlon,In Ite soie and absotuto aiac�renon,�O oppiy eii eucn rtvc6ou"v,
<br /> after deducting therefrom aIl coata and expensee Incurrod by it In connectlon with auch Procoode,upon nny Indobtednaee eoourod
<br /> hereby and In auCh order as Lender may dotermine,or to apply all ouch Proceeds,nRor euch deductlpne,to tho rontoratlon of tho
<br /> Property upon euch condltlona ae Lender may dotormino.Any applicatlon of Proceods to Indebtadnoae shall not�xt�nd or poetpnno
<br /> � the duo date of any paymants under the Note, or cure eny dofeuit thereunder or hereund�r.Any unappllod lunda ohnll lio unld to
<br /> ' Trustor. ,
<br /> � 8. Pe�tormtnc�by L�nder.Upon tho occurrence of an Event of Detault horeunder,or II Any nct IB tnkdn arl�gal procaodlnp
<br /> commencad whlch materlally aftacte Lender's Interest In the Property,Lendor mey In Its awn dlocrotlon,but wlthout opllpntlon lo do
<br /> � � so,and withou4 notice to or demand upon Trustor and wlthout releasing Trustor trom any obllgutlon,do any«cl wl�lol�Truslto►liou
<br /> • • flgreod but tafls to do and mey also do any othar act It d�ems necessary to protec!tho socurlty horoot.Truotor eh�ll,immad�c�toly
<br /> " upon demand therefor by Lender,pay to Landerall costa end expensea Incurrod and sums�xpondod Gy l.ondor in connoatlon►vltli
<br /> � •' the exerclse by Lender af tha foregoing rights,togathor wlth Intarest thereon at tho dotnult ralo provldcd In tho Noto,w►�icl�ehnll ho
<br /> ' � ' added to the Indebtedneas eecured heroby. Lender shall not incur eny Ilabllity bocauno 01 anythlnp 11 may do or omll to do
<br /> � • � ,t� hereunder. g ,'
<br /> ' • ' � l
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