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<br /> '� �, THiS��EED mF Tfi19ST�ts tna4a.a�of th3�;rd day R� rtdav. ` . � y t�9ggy�;p�,pt�
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<br /> ' . . 'theT�'tt�tor: ��!!(1�L e.�:vav.n}" 8 �er�nsc�_ s �.tIY�' R� . �+A�'�iP�„n.....�wr�3odl.� , • �
<br /> :t'•,` :; .; . 4 wtra3e ma!lin�ad��Is �3� 5 5Rady Eend��td , Grand I�la��e��,,,��N� a i-����� .
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<br /> �. , ��� , 1�lSTEtIl�A9. C�vn p�i�a Eian�n }lnhrnFlcn L'or�j s3�4i+Jff `. . �,r� .
<br />_ , ' .. . who�mailIng addreas ts P.Q. Bos: 1�47 6rand Esland. ta£ 68fl0� �� (haretn`°Trut�`?.anci
<br /> - - Ot�Bc�teL'cIsiy. Ffve 6'c+ints �ars� ' . _� , _ • . . ._ . -_.
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<br /> 'J.., � � : .. wt�ose maiting address ts- 2015� ti. �rc�da�ell Grand IESlend. IiE. 6�8802-15ti7 ���o�
<br /> � � . �:�' . , � e l��CHAEL A. EHY�Ai3'I` •,
<br /> -_ � , � FGA VALUABLE CONSID�RA7tOM,inctudinQ Lendela exoenatan ot c�it tQe�ttf�ed Mrain to �
<br /> � • , 8 �ARNEL 5. EHYE:AR� (hesetn"8arco�rer'.wPiettar o�se or marol and ths trust tiuraln cs� '.
<br /> � � the recelDt of whtcA is heraby aelcrtrtowledged.Tn�acor he�eby irrevaeabty psanta�transfere.eomreys and atWQns�a Thi�N.IN
<br /> . . TRiJST.WITHPOYVEROFa•!.e tortAsbertstiian0aecuritytafLender.undesan0aubj�cttathst�msandcondi6onstbrNnefNr�M
<br /> .. ::' �, , • torth.the real ptaperty.d�acdbed as faf4ow� '
<br /> ' ` LOY EIGHT (8) AND THE EASTERLY FOURYEEH (14} fEET OF LQT SEdEN �7�j, ,t� �
<br /> :: ti�� 'r� BLOCK ONE �1) , I N ARl�IOLD. ANt7 AB807T'S AODITIOH TQ �THE CITY OF .
<br /> .. �. .. ° . . . GRAND ISLAND. . HEBR�SKA� '
<br />. ; r . . nan�ocaEed erea or n�artyw se pertain�fnaNereto.a�nd tl�ie retnt�,�Iss�uea a Dnd�fit&cetraratons�vrpr�ainders�r�a 0
<br />: ".�r.—�--:-'-�----., aacfi peraona!propeAy MaUs att�ched to tAs impmvements aa aa to canatid►te a fixtur�incf�dtnQ.but aot thnHed ti►,hettln�and .
<br />_. , : • cootingequtpmentandtogetl�erwi@ithahomesteadorrtisii��nierests�tfany.iKtilchtnterestaareAerebyre4eaaedartdwalMed;ali
<br /> � • � of which.tnct�fig�eptacemonts and addiUons thereto.ia hereby declared to be a pap4ot the reaf eal�tLe aecurad t�tf�fien otthN
<br /> . �Oe�d of Trust and atl ef tlte toragolrtg betng reterr�d to herein as the°PropeRy�:
<br /> ._;. . ._ . . TMs Qeed oi Truat st�ail secur�(a2 the Dayment ot tha princtAai sum and interest evldanced Dy a pmmissory�ats ar credJt .
<br /> ' . agreement datEd tiovemher 3rd 1954 having a maturity date of Hove�Dor 3rd i d99 • �.
<br /> .
<br />..� . �'�'��. . In ths adginef RdrtciDatamouM ot S 20.020.50 ,artd any and ail modiftaations►extenatans an�renewaFa =
<br /> . . . . � t�ereof or ttiereto and any and alt fuwre edtranc9s and readvaaces to eorrower(or ar►y of them tt more than one)hereunder -
<br /> . ` • - • pursuant to one or more promtssory nates or credit agr+eements(heretn catled°NoLa'�:@)t�e payment of oiher auma advanced 6y -- - --
<br /> r ' Lendettopratecitnesecurityotthel�oi�(c)theperformanceotailcovenar�band8greemenbotTrustoraetPorthherair�and(�aii �
<br /> � � present and future indebtedne3s end obfigatlons ot Borrawer(or any of them if more than one)to Lender wP�ether dtreci,irttiJreeL � '�"
<br />- " � absolute or cunUnge.nt&nd whether arising by noLe,guaranty.averdraft or otherwriae.The Note.thts Deed of Tnist artd any and at! -- ---'
<br /> � -' otherdocuenblhatsecuretheNoteorotherwlsaeRecutedinconnectiontherewtth.inctud�gtivithoutttmttaUonguaran�,eecuriry - -
<br /> • agreemenb and assignmen�s ot leases and renLs.shail be rete►red to herein as tRe"Loan Dacumenb", t;:i
<br /> � " � � ' Tn�stor covenanfs and agrees wlth LenQer as folimxs � � :
<br /> :' 1. Pa�t cQ tnd�6trdn�All inBebtedness sgcured hereby ahall be paid when dua
<br /> . • � 2 Ti9s.Trustar is the owner of the PropeRy.has the rtght and euthority to convey the Property,and warranLS that the Ifen .
<br /> • f, created heteby ts a tirst and prlor 8en on the Properry,except tor liens and encum6rances set toRh by Trustor In wrtUng and �..�'
<br /> .. deiivered to Lertder betore executtqn olthia Deea of Trust artd the execution and delivary of this Oeed ot Trust doe3�osvtofate any - �� �
<br />_�- , • • , c�ntract or other obligatlon to which Tru�tor ta subJect • '�
<br /> � 3.Taz�Auawn�nls.Xo pay l�etore definquency all taxes,special assessments and al l othei cPr.�rggs agalnst the Property � r.,��`_
<br /> now or hereafter Ievied.
<br /> � --
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<br /> i� ,� ' 4. tn�urane�TokeepthePropertylnsure0againstdamagebyftre.ha�zOsincludedwithintheterm"extendedcovarase".and �,:�
<br /> 9
<br /> • .,, such other hazFiNa as Lender may require,In emounta and vr�companfes acceptabte tq lender.naming Lsnder as an additlonal . `�=:.��9--,.Q_
<br /> �;4�a'�:,- : � nam�ctf lrqured,with toss payabte to the Lender.In case ot Ic:�under such olicies,the 6�tster Is authottssd to 841u:7C colfect and -. " '`. _
<br /> . �.� .z�•• :.:•_
<br /> `j�;�s•, ._ c�amise,allcla1ms14�ereunderartdshallhavetheopUor.a7appiyingeilorpartoitheirt�„ssproceeda(i)toenyinQebteQness . ��. ;• . .�1_
<br /> _ .. , � � sec�red hereby ar4d in sucb oMer as Lender rrray datermina.(��to tha TNStor to be used forthe ceFairor restoratton af the Property � �-���.y.'"
<br /> - ,. . . � orpi�toranyWirr��urposenro�jectsaUStacParyioLenderwithouteftecUngtheHenofthisOeeOOfTnis4fprthetuliamountsecured. :•4� .r:.�`"
<br /> � . • � hereby betore�payment ever took ptaca Any appJtcatfon o1 proceeda to indebtedness uha11,nct cxt�nd or postporte the dw� '"."-�--
<br />_� , :�.,`5;�,l;�� ,`' date of any pay7enb under the Note,or cure any defauit thereunder or hereunder. � : i+�
<br /> 5. 6crow.Opon written dnmr�d by Lender.Truator ahafl pay to Lender.tn sucb rt►a.�rrrter ea tsnder may desigrraL�,suYtderit `
<br />-; � ' ' � sumstoenableLendertopay6sUtoybecomedueoneormoreottfietoliowing:(i�siltax�,�sessmentsandotherch�.,sbesagairt� � '
<br />� ;�' , the Qroperiy.(uj��remiums on the prope�t�s�nsurance required hereunder,and piq the premiums an any mortgage Insuranaa �
<br /> . required by LG-mt�. .i
<br /> °� • � 8.BtaiMrctzmct.R�pata and Campliarr.�wiih LsRS.Trustor sha�l keep the Property in�000.,✓�ndition and repair,sha!6 � •• •
<br /> • � _ �, OrCsr.�try�epair.ot reptace any improvemeat whtch may bo damaged or Qestroyed;ahatl not commit or permk any waste or � �
<br />. �•. • . de�fosa�on of the P�operty.shall not remove,demoiish or substanUaity alier eny af the lmprovamerrtg on fhe Pra�eriy,shall not � ,•
<br /> • � . wmmiR sufter or permltanyr actio be dane in or upon the Properiy in v1olaUon of arry Iaw,ordinance.or�erutatton;ard'�a11 pay end � '
<br />`�� ' . ,� . promptty discharg9 at TrustoPa cost and Qr�:se atl Itens,encumbrances and charges4evled.ImQc�d or essessad against t3re -
<br /> -_ ��, . ProDeKll cr enY F.=rt thereof. . .
<br /> = ' . . 7• Emtn�nt Qpnatn.tenQer is hereby 6ssigned ail compensatton,awazda.damagea and other�,�a:8rdg or refief(�ereina�r
<br /> ` .' . � "Procoeds")In connectlon wlth cortQemna�on orothertaking ofthe Propetty or paRthereof.or for convtvv�anca in fteu otccndemrta-
<br /> � � • fton.Lender ahell be en5tied at its optton to commence.appear In and proseoute in its a��name any ectlon or proc�Airtge,art0
<br /> _• : � :' shap also be enUUed to make arry compromise or s9ttlemen!in connecUon with sucb�'cr�or damaga fn the sver.F ar.��ortion at � � �
<br />� • � the Properry ts ao takon or damaged,l.ertder shall have the opflon.In Its sote and absoluto alscretlon,to appty all su�h ProceeQa '`'��
<br /> f;� j . afterdeducUngtharet►omailcostsandexpense9irtcunedDyitlnconnectlonwithsucbProceeds,upenenyindebfednesssecured . � �f "
<br /> � . hereby ena In such orQer as Lender may determine,or to apply gll auch ProCeeds,after auch deducUOr.a to the restoraUon of the � •�
<br /> � R � Propertyuponsucbeondi4tonsasLendermeydeterminaMyapplicatlonofPraceedstolrtdabtednessshallnotextendorpostpone � _ ' '
<br /> '�� �: � . , t1t9 due date ot etry psymenls under the Note,o►cure 0ny dstau�t thereunder or hereunder.Any urtapAtied tunds ahall be paid to , ��
<br /> ,• Trustor.
<br /> � �.�. � ' 8. piAormanc�Oy L�ndws.Upon tha occunenco of an Event ot Oefauit hereunder,or If any ace Is taken or fegal procesding f � ;�'
<br />_ ��::.. CommenCodwhlchm�torialtyafieefsLendsrointerestlntheProporry.lsnAarmayiniffiowndiscrettoa,butwithoutobllgaUontodo ° • -
<br /> � .. so,and without noUce to or demand upon Trustor aad without releastng Trustor trom arry obiigaUon,do any act which Trustor has � , _ �
<br /> - agreed but taits ta do and mey alsa Ao any nther act It deems necessnry to protect Me security hereof Tn�stor shall.immediatefy . . �
<br /> u�ndemandtheretotbyLender.paytoLende�allcostsandoxpensaslncurreden6EUmaeupondedbyl.enderUconnecttonwith • � . �
<br /> ., �..` '��',. � thaexerclsabyLenOerotthetoregoingrigh�,togetharwithlnt�restthareonatthedetaultrateprovtdedinthoNote,wnichshatibs � .
<br /> • adQod to tho indol�dness secured hereby. Lender shnii rtot Intur any IIaDiBty bacause ai anything(t may do or omit to do � � �;
<br /> � � ;• • • Aareunder. � ' :
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