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<br />,::_;�;. �.,- .. � . , ti•rhoe�malllnp cddre��I� 1619 Zolm Ct Cr�trd Yela�� „ �1�p �A�l� 2928
<br /> _ _.__�___. __ _. i.rPiq 7'aueta , ey e r.r ortn ov mOre}, �-- -
<br />�t �`r=�.'.����'� � th�Truacee, ��vp Pni�„�o p�es{er,g Y�6r�lee Cornoration
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<br /> +��"; . ^ M�;`• whose maliir�p addree�la P•�• �ox 1507 l3ra�nd Islend, H� 68A82 (hereln"TruMee'�,and
<br /> . ��.;
<br /> _ ,_ , ': the eene(Iclary, F�ve Pointe Bank ,
<br /> whose melling addreas la 2015 1i� Braadre3l t3ranc! Yeland, Hl"n. 68882-1:07 (heraln"lsnder'�. f—
<br /> ° . FOR VALUABLE QONSIDERATIOtd.Inctuding Lendor'e extenalon of credit identliled hereln to �iw Buak ��.__- _
<br /> � Linda Buak __ (herein"Borrov�er",whether one or more)and the trust hereln areated, -
<br /> tho recelpt of whlch Is hereby acknowledged,Yrustor hereby Irrevocably grante,transfore, convays and asslpns to Trustee,IN _
<br /> . TRUST,WITH POWER QF SALE,forthe benefitand security of Lender,under and eub�ect tothe terms and conditlons herolnafter set
<br /> forth,the real property,deacribed as foltowa
<br /> � , Lot 1� in Weatwooc7 Parlr Second Subdiviaion� in the city of -
<br /> Grand Islando Hall Countyr Nebraska. �
<br /> ,. �::.., .-
<br /> . e, �n�_.:-
<br /> „ �• Toc�other with all bulldinge, improvemonts, iixturea,streeta,alleys, passageweys,easementa, rights,privllages and 9ppurte- �,..
<br /> , nances loceted thereon or in anywlae pertulning thereto,and the rents,Is9uos end proNts,reverelona and romalnders thereof,and ""
<br /> such personal property that la attached to the Improvemente eo as to conatitute e fixture,Including,but not Iimlted tn,Neatfng and �_:__
<br /> • cooling equfpmenk and together with the homestead or maritel intereata,If any,whlch Intereata are hereby released and waived;ell
<br /> of whlch,Including reptacements and additlons thereto,la hereby declared to be a part of the�oal estete secured by the Ilen ol thle �=°�°
<br /> � D6ed of 7rust end all of the foregoing being reterred to hereln es the"Property". �;.�;.,-
<br /> Thla Ooed of Trust shell eecure(a)the paymont o1 the principai sum and Interest evtdenced by n promlaVqry note or credlt �>r
<br /> -.-.
<br /> -- - -- ---.-- w
<br /> agreement dated _ Oatober 4th 1994 ,heving e maturity d�te of April 3rd 1995 ., r�,:.,-°_
<br /> �"; -
<br /> In tho oripinal princlpal amount ot S �0,026.00 ,end eny und all modlficutione,oxtenelona ond renawale �����
<br /> thereof or thereto end eny end all tuture advances nnd readvencoa to Borrower (or eny of them It moro than one) he►eunder '}�'
<br /> pureuant to one or more promissory notea or credlt agreemente(hereln called"Nota");(b)the payment of other eume edvanced by --
<br /> ' Lender to protect the eecurity of the Noto;(c)tho periormnnco of e!I covenents and agreemente o1 Trustor set forth herein;And(d)ali '
<br /> present and future Indebtedness end obligatlons of BorroNer(or pny oi them If more than one)to Lender whethe►diroot,IndireCt, �;„ �
<br /> absotute or contingent end whether arlsing by note,guElrqnty,uverdratt or otherwlse.Tho Note,this Deed of Trust and c+ny end eil '�'�A'"`.��
<br /> . T :_
<br /> other docuents that secure the Note or othenvlso executed In connection therewith,Including wlthout Ilmitatlon guarenteea,security r• '
<br /> agreements and essignmenta of leases and rente, shall ba referred to herein as the"Loan Documents".
<br /> , Truator covenanta and agreea wfth Lender ae tollows: ,
<br /> 1. Peyment of Indebt�dnl�s.Ail Indebtedness secured hereby ahali be pald when due.
<br /> , 2. Tltl�.Truator la the owner of ihe Property,F►as the rlght and authority to convey the Property,and warrants thet the Ilen
<br /> ' � croated hereby Is a first and prlor Ilen on the Property, except for Ilens and encumbrances aet fortli by Truator In writing a�d
<br /> dellvered to Lender b�fore oxecution of this Deed oi Truat,and tho executlon and dollvery of this Deed of Trust does not vlolate any
<br /> contrect or othor obligatlon to which Truator Is sub►ect -
<br /> ' 3. 7ax�i,Aa�t�m�nte.To pay before dellnquency all taxes,special assesamente and all other charges ugaln3t the Property
<br /> nov�or here�fter levied.
<br /> 4. In�urance.To keep the P�operty insured agalnst damage by ilre,hazards Included within the term"extended covc�rage",and
<br /> such other I�azarde as Lender may requlre,In amounts and wl4h companles acceptable to Lender,naming Lender a�an additlonal
<br /> namad Insured,with Ioss payable to the Lender.in caee ot loss under such pollcleu,the Lendor la authorized to adJust,collect and
<br /> compromise,uli clalms thoreunder and 3hati have the optlon of appiying all or part of the fnsurance proceede(I)to eny Indebtedness
<br /> . secured hereby end In such order as Lender may determine,(11)to thd Truetor to be used for the repalr or reatoratlon oi the Property
<br /> or(III)for any other purpose orobJect satisfactory to Lender wlthout aftecting the ifen of this Daed ol Truat for the full amount sacured
<br /> hereby betore such payment ever took place.Any applicatlon of proceeda to Indebtedness shall not extend or poatpone tho duo '
<br /> • " date of eny payments under the Note,or cure any doiault thereunder or hereunder.
<br /> 5. Etcrow.Upon wrltten demand by Lender,Trustor shall pay to Lender,In such manner as Lendvr may deslflnate,sufliclent
<br /> suma to enable Lender to pay as thay bacome due one or more of tha following:(1)all texes,esseosments and other charges aflalnat
<br /> � the Property,(II)tne premfuma on the property Ineurance requlred herounder,and (lii)the premlums on any moKgepe Inaurance
<br /> re�ulred by Lender.
<br /> 8. Malnt�nanc�, Rspalr�end Compllance with lawe.Trustor shall koep the Properry In good condltlon and repalr;ahall
<br /> promptly repelr, or replece any Improvement which may be demaged or doatroyed; shall not commit or permit any waste or
<br /> detorloration of the Property,ehall not remove,demollah or substantlally alter any of the Improvementa on the Property;shell not
<br /> ', commit,suNer or permit any act to be done In or upon the Property In vlolatlon of any Iaw,ordlnance,or regulation;end ahall pay and �
<br /> promptty diacharge at Trustor's cast and expense ail Ilens,encumbrances end charge3 levfed,Imposed or assessed egelnat the I
<br /> , Property or any part thereof. �
<br /> • 7. Emla�nt Domaln.Lender le horeby asalgned all campensatlon,awerds,damagoa and other payments or rellof(herolnafter I
<br /> "P►oceede")In connection with condemnation or olhortaking ot the Property or partthoreot,or for conYeyance In Ileu of condemna-
<br /> „ • tlon.Lender ohall be entltled et its opilon to commence,appear In end prosecute In Its own name eny actlon or proceedlnpo,end �
<br /> shail also be entitlod to make any compromiso or senlemant In connactlon wlth such taking or dumage.In the event any portlon of '
<br />_, --_ - - . . . . . . ... .. .. . .. . . . . . .. .. . . .. . _ . i
<br /> - - me r►operty�e so taxen or aemaflea,�enQer snen nave cne opt�on,�n�ts so�e ena anaowte mscret�on,[o epp�y eu aucn rrocaeas, � -� -
<br /> � , after deductlnp there9rom eil coats and oxpenses Incurred by It In connectlon with euch Procoeda,upon eny Indebtednesa securod �
<br /> hereby end In such order as Lender may determine,or to apply nll ouch Proceeda,After Buch deductions,to the reatoratlon of the �
<br /> „ Praperty upon such condl4lona es Lender may determine.Any eppllcatlon of Procoods to indobtednoss ehell not extand or postpone
<br /> the due date ot nny paymente under the Noto,ot cure any dofauit thereunder or hereunder.Any unapplied funda shall be patd to �
<br /> " Trustor.
<br /> 8. Performanc�by Lond�r. Upon tho occurrence oi an Evant ot Default hereunder,or If any act Is taken or legal proceeding
<br /> � commenced which materlally�Necte Lender's Interest In tfie Property,Lender may In Ito own discretion,but without obligatlon to do
<br /> `, so,and wlti�out nottce to or damand upon Trustor and without releasing Truator irom any obligatlon,do any act whlch Trustor has
<br /> • � agreod but Toils to do end may aiso do ony other act It deeme necessary to protect the securfty hereot.Truator ehall,Immedlntely
<br /> � , upon domand there}or by Lender,pay to Londer all coste and expenaes Incurrod and sums oxpendod by Lender In connectton v�lth
<br /> � , the exerclse by Londor of tho loregolnp rlghte,togother wlth Interest thereon at tho deteult rate provided In the Noto,which ehall bo
<br /> t � eddod to the Indebtedneos aecured heraby. Londer shall not Incur any Ilabillty bocause of enything It may do or omit to do
<br /> horeundor.
<br /> � ,
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