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<br /> � R1lEED OF'a'RU�T BE[�ICIARY
<br /> AVCO I�INANCIAI.S13�V�CI� '''��'• —
<br /> ,. �.ccou�rrn�cn II�i 1'LRNATIONAL,TIV�C. �{�
<br /> ' ORANPmR(9): r
<br /> usTHA►�n cnar Hrw umwv�r �ia^.r caru� (A1Mw) �
<br /> GREENF7ALT RICHA[in G GREENWALT r2F1RGIE A 1233 N WEBH ItD., STE 120
<br /> wvira�u em ar/vt aPCaos
<br /> • " . 16 VENUS ALDA NE 69810 GRAN� I3LAND ,N���
<br /> �� T[�IS DBHD OF TRUST.Made thls ti�day of �`�B� 19 �'� betweei�,gICHARD �; & M1IRGTF A �a�br.
<br /> t • txieinafter called TRUS7'OR.whose eddrcs9 le,���PAHAE GR�WD �SLAND NE Fi8803 �aP1YCHAEL F PISTIr,YA
<br /> _.hereintfter called'TRUSTBE. WLOSC fl�ddiCSS i6���Q'�I�IS �j �9T 1?D fY'I4E�A L�E�6B1°�4 --
<br /> ' " and AVCO PYNANCIAL SHIRVICBS IN1'6RNATION!►L INC.,a Nebraska corpontion,derelnatter called HBNBFECIARY.whuae�ddrac is
<br /> ]233 N 4�RD, 3�12D'C�iI�D �l,Pi�[�E E�3
<br /> , VJTtNPSSfiTiH:tt�at 7Yuua(iItANi�.CONVBYS,SEI1.S AIdD WARRAT�TS'PO TRUS'IL'�.IIV TRUST.WfiN POWER OP SALB.ttx toL3owlo�
<br /> described prnperty.situated in H�1LL_ Counry,Nebruka:
<br /> � � _ . �OT SI}:TEEN (16) ARGO FOURTH S[1BDIVISION IN THE VILLAGE OI' ALDA, HALL COUN'1'7C� NF�R2LSIN
<br /> .. ��
<br /> . �� �':
<br /> � togmher with¢ll buildings and improvemenu now or 4ereafter erected thereon and ol!sceeens,nvmings,shades.storm sash aad bUnds,8nd h�tdog, �- -
<br /> IigLdng,plumbing,gas,electric,ventila[ing,cefrlgeratlag and el�-condtUoaing eqWpment used tn connecUon therewith,a11 of whic6,for the purpose of -
<br /> this Decd of Trust,shell be decmed fixtures and subjact to the tiea huwf,and We hereWtamenu and appnrtenanccs pertainiag to the propercy tbove -
<br /> drscrl6ed,and all streets.lnnes,alleys,passages,ways,waters.water courses.dghts.llberties end DNvileges,whatsoever therwnto belongfng or in «-
<br /> " . enywlse eppenaining and t6e reversions aad remniaders,all of whtcD is referrcd[o hercinaiter as thc"�remisea".
<br /> TO HAVIi AND TO HOLD the above-described pmmises,with tho appurtenances aad tixtuxes,uato the eaid Beneficiary,Ita successors�d Q.seigna, �'�-�
<br /> forever,for thc purposes and uses hcrcin set forth,free 8om.�ll rtghu and benefics undernnd by virtue of any Homatend Exempdoa Iaws otihe Statc _ -
<br /> '' of Nebraska which may be enacted,wtilch seid rlghts und bencRts thc said Tcustor docs hcreby eapressly relx�se and wafves. --
<br /> �� FOR'fHB PURPOSH OF SECURING:(1)Performaaco of cach agreemenc of Trustor contained hcrcin;(2)Pnyment of tho principal n�m wlt�Interest, -
<br /> - ' as provided in accordance with the terms and provislona ota Promissory Note2oaa Agreemeat(hereivafternfemd to as"promissory noto")dated �,��A:
<br />� s 1 QJ,Q�,LAq_ ,herewith executed by Tiustor and Fayable to Il�e order of Deneficiary,in the Pttaciyil sum of �:'�-
<br /> g 9g00•3Z .and having the dutc o[i,u final paymcnt due on 11/15/98 _or tss extended,
<br /> deferted or reschedulcd by rcnewal or refinance;(3)Puymettt of auy addldos�l ndvances,v�[th interest thereon as mny heseafterbe loaned by Beneficiary
<br /> � � to Tmstor in a mn�cimum sum of S A�00 32 withln IS ycars from the date of thls Deed of ltust;
<br /> Gowever,tbis paragraph does not coasdtute a commitment by Beueficiary to meke funue advances;(4)The payment of eay money tbat may be
<br /> ' " advanced by the Beneficiury to Trustor for any reason or to d�ird parties,with tnurest tdereon,where the amounta are advcwced to protcct�he security
<br /> in nccardance with We covenants of this Deed of Trust;(S)Any renewal,ref inancing or eatension of said promissory aote,or any other agaomcnt to pay
<br /> which may bc subsUtuted therefor.
<br /> { . As nddtUoael secndry,Trustor hereby gives to and confers upon Beneficiary tdc dg6t,power,and suthoriry,durtng thc continunnce of thcse Trusts,to
<br /> collect tLe�enta,issues,and pmfits of sNd pmperty,reserving unto'Itustor�he n�ht,pdor to any default by Trustor ln yayment of uay indebudness
<br /> " • secured hereby or In pedormance of any n�rcemeat tiereunder,to collect wd mtnin such renu,issues,and profies as tLey beeome due ancl payaEle.Upon
<br /> +my nuctx dofault,Beneficiury may nc any time,eithor in person,by agea4 or by a recelver[o be nppointed by n court,md wlthout regard to the edequacy �
<br /> of aay sccurfty for Ne indeDtcdness hercby secured,enus upon and take possession otsaid propsrty or any part thereof,in his ovrn namc auc for or
<br /> oWenvfse collect such reau,issues.and protita,including Nose Qast due und unpaid,and npply the same,less costs and expensea of openUon and
<br /> _ collecUon,includinB nasonable attorneys'fees,cosu,and expenses,it permltted by la�v,upon any iadebtedncss secured hereby,and in such order as
<br /> Beneflciary mny determine.The entering upon and taking possesaion of said propetty.�he collecdoa of sucd renu,isaues,and proflts and tl�e nppUca-
<br /> ' don tRereof as afonsaid,shall not cun or waive nny defnult or nodce of default bereunder or invalldate any act doae pursuant to such notice.
<br /> .
<br /> � A!I payments mude by Tcustur on the obliIIndoa securtd by Uiis Deed of Trust shall be applied in the following order: �
<br /> -=.- - FiRST:'ib tht nsvment of tnxcs and essessments thflt maY be lovied and nssesscd aYatnst snid nremfses.insurance nremiums.rcnairs.and nll nNer f'_
<br /> � . : chazgcs r{nd capc¢ses agreed to bc paid by the Trustor. � - - `
<br /> . SECOND:To t6c paymeut ot Intcrest duc on s�id loan, j
<br /> TtiIItD:To the paymcat of principal. ;
<br /> ` To PROTECf 11�SfiC[JRIT�'HHREOF.TRUS'POR(S)CAVENANTS AND AGRfiES:(1)'Ib keep said premises insured against loss by fae and othcr I
<br /> ' ' Aazardb.casualty and coatlngencies up to d�e full value of Nl Improvemenis tor tLe protectlon of Seneficfary iu such manner,io such amonn�s.aod in '
<br /> �� such companies ns Beneficlary mny fmm tlme to Ume npprove,end that loss procoeds(less expense of coltectlon)shall,at Beneflciary's option,be '
<br /> applicd ou satd indcOtcdnws,whcther due or aot or to thc reatomtion of anid lmprovements.In event ot toss Trustor will givc+immediatc notice by muil ' '
<br /> ,. to the Beneficlsry,who may mal�e proof of loss 1t aot made pror�pUy by'IYuscor,aad each insurance company concemed is hemby nuthodzed and
<br /> directed to make paymeat for such loss dlrecdy to�he Heneticiary fnstcad of to the hvstor.(2)To pay nll taxes and specint nssessmenta of uny kind that �
<br /> hnva been or may be levfed or assessed upon snid prcmises,nnd to deliver to Beneticiary,upon request of the SeneIIciury,the ofticial receipt showin�
<br /> . paymentof nll snch te�ces nnd assessmeets.(3)Ia the event uf defautt by'IYvstor ueder ParoIIcap6s 1 or 2 above,Beaeticinry,at its optton,moy(a)pinee
<br /> � and recp sucL insuroncc�bovc provided for in force ttuoughout the llfe o[thie Decd of'11ust and pay the rcasonable premlums and charges dierefor:(b)
<br /> � pay all sdd ta.�es and essessmente wlNout determiaing the valtdity thenof;nnd(c)pay such liens and all such dlsbursements as shnll be dcemed a part �
<br /> � � of the indebtedncss secured by this DecA of Trust end shall bc immcdiately duc and payabte by'Itustor to Bcneflciary.(4)To pay�vhen due any Iten on �
<br /> the prop�rty which fa senlot to tGe lien of Bcucficlnry und,notw4tC:taadlug nny Ngltt oroptlon granted by any scnior lten or by nny scuior licnholdcr to
<br /> permit tLe prinefQsl Dalance of sueh senfor Ilen to inerense,'I�ustor will not permit the pdneipal balnnee of any senior Ilen to incrense above the balauce
<br /> �� � 2S-0474(REV.8�94)NE-�ENERAL USURY LAY�
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