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<br /> , C�i�G� 0� YG�l�J�4 i,"JIl�G�1 �ltl4��;1��BF'I�c9G�� d��i'� ��Q��r?'�`%�
<br /> " � THiS 0�@D OF pRUST,lo mado no of the 03�� day o4 ���• .10��by nnci crr.�n�
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<br /> . tho Trustor, Caon�a�P.LS�.p.�4�L�9]3 --' --
<br /> v�hoso mallinp usldroao io 239 S Lakasid� Dr (3r�nd I�l�nd�%oreln"Trublar;''w�et�ie8o�e or mqre),
<br /> . �_
<br /> - the Trustee, Five RointN �ank. a N�br�sk� Coraor�ti�n, -.
<br /> � , whose melll�p addresa Is P'0. Box iS07 Grand Irland. NE 68802 (hereln"Traetet�'�,end _
<br /> tho Benoticlary, Five Poinas Bank ,
<br /> whose mallie�p addrea�Is 2015 N. �ro�d��ll &irent4 I�land. ME. 68ti02-1907 (hereU"Lsnder'�. _
<br /> FOH VALUABLE CONSIDERATION,Including Londer's extanelon ot credit IdenUlled hereln to� -
<br /> •. Cooney PropertiQa Ina (herein"Barrower",whether one or more)nnd the trust hereln created,
<br /> the receipt ot which Is hereby acknowiedged, Trustor hereby irrevocebly erante,trenstere,conveys end asslgna to Trustae,IN —
<br /> TRUST,WITH Pt)WER OF SALE,tor the benefit and seGUrltry ol Lender,under and oubject to the tarms and condlUons hdrelnafter 6et
<br /> � f�rth,the roal property,doscribed as follo�vs:
<br /> LOT ONE (1)� IN BLOCK SEYEWTY (70). IN tIHEELER A��D BEPI�lE�T'S SECOMD ADD�TION TO TNF. .
<br /> CITY OF GRAND ISLANO, NALL COUNTY, NEBRASKA. ALSO THE NORTN SIXTY SIX (66) FEET OF
<br /> LOT EIGHT (8) BLK 132 KOENIG AND WI EBE, GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> • ,,�� 7ogether with all bulldings,Impravemente,tixtures,straets,alleys,passagewmys,easements,rlghts.prlvilegea amd epp�rte- __
<br /> nance�located thereon or In enywfse perteining thereto,end the rents,issues and profita,reverelona end rerr�efndera thereof.and
<br /> � such pereonai prope►ty that Is attached to the improvements so as to const►tuta a fixcure,Including,but not Iimited to,heaElnp end
<br /> coollnp equ ipment end icopether wlth the homestead or marltai inter�sts,if any,which intereste ere hereby reieased and walvo�l;sll
<br /> " � ot whlch,Including replacements end additlons thoreto,Is heraby doclered to be a part of the real estate sacured bytheilen oY 9hia
<br /> Deed of Truat end all of tho foregoinp being reterred to hereln as the"Property".
<br /> This Daed of Truet shall aeaure(a)the payment of the princlpal eum and Interest evidenced by a promfseory note or credit
<br /> __._,,. , ...n. �nri 1 1�? 1495
<br /> ' agreement dated �o'oer 3ra a�v+ ,having a matunry cfate of �r--- '- � _
<br /> �10,021.OD ,and an and ail modificationa, oxlenalona and renowals
<br /> • in the orlgfnel principal emount ot$ Y
<br /> thereof or thereto and any and ell future advances and readvances to Borrotiver(or any of them it more then one)hereunder �---
<br /> purauant to one or more promissory notes or credit AgreOments(hereln cailed"Note");(b)the paymont oi other sums edvancc�d by __
<br /> Lender to p�ote�t the security vf the Note;(c)the portorma nce o4 ell covenants and agreemente of Trustor setiorth herefn;and(d)ell �_
<br /> ��: preaent and future Indebtednesa end obllgationa of Barrower(or any of tliem If more than one)to Lender whether dlrecR Indirect, _
<br /> absoluta o�conUngont and whsther arising by note,guaranry,overdreft or otherwise.The Note,this Deed ot Trust and any end all ----
<br /> other docuents thet aecure the Note or otherwise executed In connection therewlth,Including wlthout Iimitetlon guaranteea,security
<br /> agreemants end assfgnments of leasos end rents,shall be referred to herein as the"Loen Docurnents". '� "
<br /> Trustor covenants and agreos with Lender as tollows: >;
<br /> 1. Paym�nt o1 Ind�btedn�s�.All indebtedness secured hereby shall be paid when due.
<br /> 2. Titl�.Trustor ie the owner oi the Property,has the right and authority to convey the Property,and warrants that the Ilen
<br /> created hereby is a tirst and prlor tlen on the Property, except for Ilena end encumbrances set forth by T�ustor In writing end
<br /> deliverod to Lendor betore executlon ot this Deed of Trust,end the executlon and dellvery oi thla Deed oi Trust does notviolete eny
<br /> ' contract or other obligatfon to whlch Truator Is subJect
<br /> 3. Texet,Aa�a�ments.To pay before dellnquency all taxes,speclal esseasmants and atl other cha�ges againat tho Property
<br /> � now or hereafEer lovied.
<br /> 4. Imu��nce.To keep the Property fnsured egal�st ciamege by fire,hazarda Included wlthln the term"extended coverago".and
<br /> auch other hazerda as Lender may requiro,In amounts and with companles acceptable to Lender,naming Lender ea an addlNanal
<br /> � named Inaured,with loss payable to the Lendor.In caao ot loss under auch pollcles,the Lender Is euthorized to adjust,colloct end
<br /> � • compromiso,all clalms thereunder and shall have the optionof applying all or part of the Insurence proceade(i)to$ny IndebSedo�ess
<br /> � secured hereby and in such order as Lender may determi ne,(if)to the Trustor to bo used for the repalr or restoration of the Property
<br /> ' or(Iil)far any other purpos�or obJect�etisfactory to Londor without eHecting the Ifen oi thls Deed of Trust for tho full amount secured
<br /> � hereby before such payment evor took place.Any application of proceeds to tndebtedness shall not extend or poetpane thc� due
<br /> � dete of eny paymente under the Note,or cure any detauit thervunder or hereunder.
<br /> � 5. E�e�ow.Upon wrltten demand by Lender,Trustor shall pay to Lender,in such manner as Lender mey dosignato,sutilcivnt
<br /> • � aums to onablo Lender to pay ae they bec�me Jue one or more of the following:(I)aIi taxes,assessments and other charges ag�inst
<br /> the Property,(ii)the premiuma on the property Insurance requlred hereunder,end(Iil)the premlums on any mortgage inauranco �
<br /> ' requlrod by Londer. �
<br /> � 6. Malnt�nanc�,Hepaln and Compllance with Law�,Trustor shail keep the Proparty In good condition end repalr, shall �
<br /> ' promptly repalr, or replace any Improvement whlch may be damagod ar destroyod; sheli not commit or pormit any vrasto or �
<br /> deterloration of the Property;shull not remove,damollah or substentlaily altor eny of the tmprovements on the Property;�hall not ?
<br /> � commit,euiter or permit any act to be done In or upon the Property In vlolatlon of any law,ordinanco,or regulation;and shell pay and ;
<br /> • promptly dlscharge at Trustor's cost and oxponso all Ilens,encumbrances and chargos Isvled,Imposed or assosaed agelnst the
<br /> Property or any part thereof,
<br /> � 7. EntlMnt Domtin.Lender lo hereby aeslgned all compensation,awards,damages and other payments or rellef(herelnafter
<br /> - "Proceeda")In connection with condomnatlon or othortaking of the Property or pert thereoi,or for conveyance in Ifeu of condemna-
<br /> • tion.Lende�ehall be entitlod at Its optlon to commence,appec�r In and prosecute In its own namo any actlon or proceedings.and
<br /> shall also be entitied to make any compromise or settlement In connectlon with such taking or demage.In the event any portlon of
<br /> - .- - - _ tha ar�nartv is an takon or damaaod.Lender ahell have the option, in Its sola and absolute dlscretion,to epply all auch Procaods,
<br /> , _ - --- • -
<br /> • afterdeducting thore}rom all coste and exponaes Incurred by It In connectlon with auch Proceetla,upon any inaentoaness secured
<br /> . horeby and In such order ae Lender mey detsrmine,or to apply ell such Proceecis,aftor such deductions,to the restoratton oi thv
<br /> Prope►ty upon auch condltiona as Lender may determine.Any applicatlon of Proceeds to Indebtodness shall notextend or postpone
<br /> the due date of any payments under the Note,or cure any default thereundor or hereunder.Any unapplled funds ahall be pafd to
<br /> - ' TR18tOf.
<br /> _ ;�� � U. P�rlormancr by L�od�r.Upon the occurronce of en Event of Default hereunder,or it any act Is taken or legal proceading
<br /> commenced which materialiy aifects Lender's Interest In the Property,Londer may in its own dlsaretion,but without obllgatlon to do
<br /> ' � so,and without notico to or domand upon Trustor and without rolaasing Truator irom any obllgattun,do any act whlcN Trustor hea
<br /> � agr88d bu!falls to do and may also do eny othor act It deoms necessary to protect the securiry heroof.Trustor shall,Immodfataly
<br /> s upon domend thoretor by Lender,pay to Lendor all costs and expenses incurred and eums expended by Lender in connacxion with
<br /> ' thv exercis�e by I.ender of the toregofng rights,togeEhor wlth Interest thoreon at tho dafauit rato provtded in the Note,whioh ehall bo
<br /> � added to tho Indabtodness s6cured heteby. Lender shall not Incur any Ilabllity becauoe ot anything it may do or omit to du
<br /> 1 . hersunder.
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