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<br /> � TN13 TiaUSY DEED,mr.d�tiib�30 th day ct September ,y�.��{ T.�, by nnd nr��onr� �&�,._. • -
<br /> , . Tnv�nC��i^nCr+��I'nrCnnrAhip �� -- - �_
<br /> ►vho:o ntfllling eddroSa 19 2250 N, Webb Roud Grand Ioland, IJE fi8803 � „
<br /> •• (hereln"7rustor");and LIN�01 w00D E11Q,whoso mailing nddros3ls P.O.Box 4D7,Wood R(var,Nabr�sPa68f1Q�J,(horoin"Trustoo,"aM"Bonof(clary"). ^ ' ' ` �'
<br /> FOR VAIUABL�CONSIOERATIaN, inclu�irp ths fndebtedness incle►t(il�d her�fn on9 the trust herein cnnt�d, the��ceipt of wPilth is h�r�by :'v' ��,.�,,*�i�•�.
<br /> � acknowledged,TrEistor irrevocably�rants,tra�sfers, convoys, and assigns to Trus4es�, IM TRUST, WITH POWEtt OF SAL�,4`or the ber+etit o�d � • � �-
<br /> saeuritY of Beneficiary,under and subject to the terms and conditfons ot thfs�eed of Trust, the real property described as follows� �;;,�v;,�„;:,�z�•�F� -
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<br /> , I) 'The East 2/3 of Lot Three (3),�lock Sixty-Nine (69), Original Town. now Gity of Grund ��:ti:�:;`C1-��---��
<br /> fsland,Hall County. Nebraska �`-�t=��,�Pl..�.--
<br /> . 2) Lot Six (6) in Block Faurteen(14) in Arnold und Abbott'sAdditior� to the City of Or�nd �'���`�r�"�`='-�
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<br /> Is�and,HAII Lounty, Nebraska �{„�,� ���__-_-=�"'`__
<br /> _ 3) North 45' of Lot Twelve(12),Block Two(2), First Artistid�ddition to the City of C3rttnd �`�'°::���.
<br /> " Island,H111 County, Nebraska �=r-�-= _—_
<br /> � ' :, 4) Lot Fifteen (15), Haa�thorne Place, City of Grand Island, Hall County, Nebraska '`�:=----
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<br /> ..- ''-. - T�iiTiit�.n iiTii�S�i io^ri���'ii0��t5 �'3�C��i^v5,7^LvfTv^Ciii�.CZt'w t3v^^�^.�SZ'o L�3`.fNL'i�.�:.'SL�:�:'S°.�L".3�p@�..`°,�Z�:C��l�C:.°.:�.°SL'�.`��:°.5::ynrin�thn
<br /> '. real property or ony portion thereof,now or hereufter existing or entered into, ond all right, title and interest of Trustor therounder:all in- �.�
<br /> terests,estate or other claims,both in low and in equity, which Trustor now has or may hereofter aequire in the real property;all easements,
<br /> rights�of•way, tenoments, hereditaments and appurtenances thereof and thereto; oll oil and gos rights ond profits, �roter rights and woter ,�-",�}
<br /> - stutk;all right,title and interest of Trustor,now owned or hereafter acquired,in ond to ony lo�d lying within the right•of•woy of any street or �
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<br /> highway adjoining the real property, any ond all buildings,fixtures, improvements,ond appurtenances now or hereafter erected thereon or �_ .�
<br /> belonging thereto,(herein referred to as "ImprovemenY'or"Improvements");and any and oll awards made for the tuking by eminent domain • � �
<br /> or by any proteeding or purchuse in lieu thoreof,of the whole or ony part�f the reol property. ,� ,.,�
<br /> � All of the foregoing estata,property and interest hereby conveyod to Trustee herein collectively referred to as the"Property". ,, f ;;, �
<br /> THIS OEED OF TRUST SHAII SECUR@� '' '�„a� •
<br /> ONB HUNDRED ���
<br /> la)The poyment of indebtedness evidenced by Trustor's noto of even dnte herewith in theprincipol sum of ;��
<br /> TWENTY—FIVE THOUSAND A.ND NO/100--------------�-------------- Dollars (S 125,000.00 �, � � "'—
<br /> . ° together with interest at the rote or rates provided therein,(herein,together with any and all renewals,modifications,and extensions thereof,
<br /> referred to as the"Note")both rinci al ond interest on the Note bein a able in accordaice with the terms set forth therein, reference fo "�' ��` ���.�
<br /> P P 9 p Y .�P��.. :�,.
<br /> whith is hereby mode,the finol pnyment of principal and interest,if not sooner paid and if no renewals,modifications or extensions are mude, , . a
<br /> due ond payable on SEPTEMBER 1, 1995 OR ANY EXTENSIONS OR REIdEWALS THEREOF , ^ � �
<br /> �b)The performance of each agreement ond covenont of Trustor herein contained;and ��'
<br /> (c)Tho paymont of any sum or sums of money with interest thereon which may bo hereofter paid or advanted under the terms of this Deed of , ;,�;,;` i
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<br /> (d)The payment ot any future advances necessnry to protect the security or any future advanee made at the option�f the parties;and ` �w,, �• r
<br /> (e)The performanc�of an obligotion ot any other person named in this Trust Deed to o benefic iary. `� � �`
<br /> TO PROTECT THE SECURITY OF THIS DEEDOF TRUSi, TRUSTOR HEREBY COVENANTS AND AGREES AS F011OYlS:
<br /> 1.�a��et of Pr(nc6pd and Irteer�n.Trustor sholl promptly pay when due the principal of ortd interest on�he indebtedness evidenced by the � '
<br /> � �ote,and all other charges and faes as provided in the Note,and tfie principol of and interest on ony Fu!ure Advances secured by this Deed of I ,,
<br /> Trost. °
<br /> • 2.W�rr�a�ry of Title.Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property hereby eonvoyed ond ;
<br /> �, has tho right to grant and convey tha Property;the Proporty is free and cleur of all liens and encumbrunces excep4 liens now of rucord; and I
<br /> Trustor will warrant and defend the title to the Property against all claims and demonds. ;
<br /> 3.fi4�tM�mne��nd Ca+�pBanxe w8h lawe.Trustor sholl koep the Propersy in good condition and repair and shall not commit waste or permit !
<br /> impairment or deterioration of the Property and shall comply with the provisions of any lease'rf this Deed of Trust is on o loosehold. No improve- �
<br /> � ment now or hereafter erected upon the Property shall be altered, removecl or demolished without tho prior written consent of Beneficiary. !
<br /> Trustor shall comply with all luws,ordinances,regulations,covenants,conditions and restrictions affeeting thc Property ond not cornmit, suffer,
<br /> or permit ony nct to be done in or upon the Property in violation of any law,ordinance,regulution, covenont, condition or restriction. Trustor
<br /> , shall complete or restoro promptly and in goad workmonlike monner any improvement on the Property which may be damaged or destroyed and
<br /> . 1. . _._ ww.. ...1.�...1.... wII wlwi....L....In1.........t.......A w..,l...M�.:..t�ti....:.{.�.1�1.���1..��J L�_�..�b.��:.������wl .
<br /> <._. _.__.�..—'_ �.1� •.v..v � ...�...�....�v. wv.n�.�v�•. v....on . ........v�.a..mv nm.v�v.au� n�anv. uvuanm.w�. -
<br /> 4. U�taann.Trustor,ot its oxpenso, will muintain�rith insurors approvud by Beneficiary,insurance with respect to tho Improvements and
<br /> - personol proporty,constituting the Property,against loss by fire,lightning,tornado,and other perils and hozards covered by standard extended
<br /> coverage endorsement,in nn amount equal to at Ieast one hundred pnrcont of tho full replaement vuluQ thereof and insurance agoinst such
<br /> other haxords and in such amounts as is castomorily carried by ownors and operotors of simulur praperties or os Beneficiary may require for its .
<br /> protection.Trustor will comply with such other requirements as Deneficiury moy from time totime request for the protettion by insuronce of the
<br /> interests of the respective porties. All insurance policies maintained pursuont to this Deod of Trust shall name Trustor and Beneficiory as in-
<br /> . �� sureds, os their respoctive infurests mny oppear, and provide that thure shall be no cancellation or modification withcut no less than 15 days
<br /> . prior wTitten notifitation to Benoficiary. In the event ony polity hereunder is not ronewed on or Ccforo 15 days prior to its expiration date,
<br /> �� Beneficiary may procure such insurance in accordanco with the provisions of paraproph 7 hereof_ Trustor shall deliver ta Benoficiary the original
<br /> ! polities of insuron�o and renewals thereof or memo copies of suth polities and ronewals thereof. Failure to furnish such insuranco by Trustor,or
<br /> ' renewals os required itereunder shall,at tho option of Beneficiary,constitute o default.
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