, . � . . ..r r';i4y �.� <. . . y.. vs;s.� ..-.,r. ,
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<br /> � .: � . ��aF�u�r w�a� �u�u�e�v�cES�� .� - fO�S�
<br /> . :t".j.` ' \. '4�,G.� ` 1
<br /> � . � n+rs o�o��usr.�s maaa as o�m� m�tt� ,�y� Ho�. ���g g4,ey�sa en� , �
<br /> ''4. �� � ." theT�uator. Edvirt C sitti�r � Janfca K SittlQr . huebaitA and vife �
<br /> � �'`� � � 21td4 �' Charlea�St Grand Ialand Ne fx68�3-58t'li�
<br /> , .. . ' �rRose mail�sg aQdress ia _ -- -- p�eretn`Trus�r."+nrdt �r ane ssr�rz�raj.
<br /> ' � � fheTrustee� Fiv� Poi�nte Bants, a ttebr�aka Corooration � �
<br /> - o: . ,
<br />- - - . -�- whose matUng eddiess fs P.Q. �8ax 15�7 Graxtd Ielanc3, t� 6Ff8i�2 ; .-- .
<br /> ,s` . tAeratn"iFt�atee'4.�
<br /> •, �e���, �fve Points Bank �
<br /> ..a,..
<br /> ' . � wt�ose meAtng addrass is Z8l5 H. Broadrell �rand I alend. 4iE. 68802-150? ����
<br /> ` 4 F�R VAt11q81E CAI�iSlDERAT[OH,inc[uding Lenders extsnstan af credit iderrttfied herefn m�� C Sittler '. '
<br /> : ,' : ' d. Janice K Sitt2er ` m�r�in°�orrowe►",vrhether arta ar�ore)artd fhe trust Rere�n creafad,
<br />; � � 6�e receipt af whlcA(s hereby actmowtedgea TrusGOr hereby[�ravacabiy gr�ants,tranatera comays and ea�gns�Trusle�!F3
<br /> f�s, .:,: TRUST.WITFJPOWER�DFgEIl�forfhef�rtafitandsecudtyotLende�,�mderands�mpsctto9heflsrm.sanrfcOndittonsMrets�ael
<br /> '='` � : � �o�'�o rp`��4�'�n o��'o'�y'�se c 9i�, Ori�inal Tovn aa,� City`of Grand 2eland�
<br />- _`<`;� ' . Hal.l Countq, Hebraska and all tAat part o vacated �Jheeler Avenue by OrdiRancct
<br /> No. 6�55 �hicb fa f�ce Easterly Forty Feet tE40'l of iit�eeler Avenue abutting •
<br /> �� = and adjacent �o Lot Fagr f�3. 3n Block Fortp Qne t411_ Original Tov�, n�v City •
<br /> ' : �' af Grand Ialand, HaII CauuC�, tiebreska. _
<br /> ..,:`..J.-�--- �--�- �� T e�er witn e1!buitdfn impravaisiants.Podures.s�reets.al ewa easemems.�d ts. `
<br />, � . . 08 8g. leYs.Passa$ Ye. Sn P��e�F��._ ... .
<br />- . � nances tocated tdereon or tn anywise pertaining Mereto.and the rerrts,issues end Drnftb.r�versions elyd remaindeia 9t�areol,and •
<br /> � .. .. . such personal property that is atteched to Me improveirrc-,tta so as to consBUite a Nxhire,inct�Ing.but rtot Ilm�`�f to,Izel�Nr[�ead �- .
<br /> � .cooting equtpmer�and together with the homestead ar rnar(tal fnte�s,N arry.wAtch interests are hereby retsased and waive�ell
<br /> ' ' ot whicfa,inctudtng replacemertts anG addiUcns thereto.is hereby Qectar�f to be a part ot tne real estate s9cured Dytf�tten oithts
<br /> ., � •� �•,i�F., Deed ot Truat aiM ail oi tha faregotng b�rg reiemed to her�in as the"Propert�: • . —
<br /> �_ _ ' r ��� . a M
<br /> - ' � •'''+���:` � .
<br /> . :�;<r, ,�� Thts Oeed o1 Trust shall secure(a)the payment of the prirtcipal sum and irtterest avtdenced by a pmmiasory Aote ar croNt
<br /> . ,:�.;f���, ..4, :ti. ,,
<br /> � `::��l.�;,.� ':` .::� agreemoM Qated liovember 7tb 1994 havtng a maturity dats Qt Decemher lst 1999 �
<br />. . ,._ .._. ,._ .:..'%'��'�: .
<br /> � ' .' �i��s�;�� tn the odgtnal Pdncfpal amaunt o1 S �5.02T.00 .�d any and all modHfca�ona�o�denatons artd rerte�rsis
<br />: .• � • r ���,i 1, thereof ar thereto and arry artd atl future eQtirances and readvances to Borrower(or.arry o!them if more ttten one)Dereerctd�
<br /> � � • Rursuant to one or more promissory notes or credtt�r�ents(�enein called"IVote"j:(b)the payment of other s�9 advanCed by�
<br />- • l�nQer to protecttha seeurtry of Me Note:(c)the petfam�sr:ee of ali eaveear�b and agreemenffi MTrustor setiee(ft tt�areiin;and(�aD
<br /> �.`�� . � . . (u�esent an�future indebtedness flnd obiigations of Barr�wer(or any of them ff more it�an one)to Lenderxrt�eL'��dirxR Irtdtrec; .
<br /> . .- -. . - - ,- absotuta or canttngon!ead whethar arising by noto.g`iavanty.overdraft w oUterwiss The Nate.tl�is Qeed o!TrusY 8nd eny etid 811
<br /> ,' otherQacaents thatsecurethe Note or othervuise executed in connectlon therewlth,inctudingwithout limitaUon guarantee�,decurtty
<br /> ��. ' ° agreements and asslgnments ot leases and rents,shall be retsrred to hereto as the"Loan Dmcu�ents". ��'
<br /> ' Trusbpr covenents and agrees with Le�der as folfow� __
<br /> � • 1.Paym�nl W Ind�4�ns.AII Iadebtedr�as secured hereby shall be pald when dua ' ' ---
<br /> � ' . . ., . 2 TfW.Trustor ta the a�ner oi the Property,has the right and authority to comrey the Property,and wartants that the lten --
<br /> .�, . � • ' created hereby la a ftrst aad prtor Ilen on the Properiy,except for Ilens and encumbrartces set fortb by trustor in vrritlnp and ° -
<br />:.,,� '. detivered to Lender before eaecuUon of thi�Oeed ot Trust and the execuUOn and deltvery allhta Deed ot Trust daes no�vfotaie arry --
<br /> ,,, � contract or other obligaticn to whlch Tru�ac ia subject ��_
<br /> ' 9.Tuar,Rf�prtNnb.To pay before detinquertsy ail taxea,special assessments art�ati other charges egatnatthe Property --
<br /> . .. _ . rte►w or heteAiter levied. —
<br /> ' . ` 4.Q��uenn To keep the Property(naured agairt�t darnage by f1te,hatards included within the term"extertd�nd.eaverage".end ;�
<br /> ' � . ' sucb ather ha�ards es Lender may require,in amourns and witfi eompantea ecceptabie to Lender.naming Lertdere�an addtUonal �r,
<br /> � � • named inaured.w31b Ioss payabte to the Lender.In case o1 toss under auch poticles,the Lender is suthor(ub to adjust,oollect artd „�;
<br /> . � � comptomise,allctatmsthereunderands7r�Ithavatheoptionotapplyingailorpartoftheinsuranceproceeda(�toanytnnebtednes� ".` --
<br />;,� , secured hereby and in aucb orderas Leador may detertnins,pi)tothoTrustorto be used iorlhe rq�alrbr restoreUon attAe Properry � �-
<br /> - � or(tt�foranyotherpurposeorobjectsatislacYOrytoLenderwfthouta4tectingthellenaitt:isDeedolTrusiforthetullemountsecured ��-
<br /> , hete$ betore sucA ���'.`"•
<br /> y p�ym�rtt ever took ptaca My appticaflon ot proceeds W Indeb�drtess aha0 not extend or postpone the due ��;•-••:-�:•---
<br /> .' date aT any paymenb un�z the Nofe.ar cure any default thereunder or hereunder. �r•�
<br /> '��• � � ����`"a S. Esua�v:Upan written demand�y Lender,Trustor shail pay to Lender,In such manner as Lertder may designa�.suNlcient
<br /> :i;�,.,
<br /> _ < `� �;•i�.' sumstoenahtat,ondartopayastheybewmedueoneormoreoTthetoltowing:(i}alltexeAassessmenfsandolherchargesag�.rsst
<br /> . . the PropeRy.(ip tfta premiums on the proporty insurance required hereunder.and(ilq the premiums on any moKgage insur.�.�e '"
<br /> � ' required by l.,ender. �
<br /> �`���; . ' . 8. MatnUnme�.R��trs and Compiiane�wttt�I.aan.Trustor ahan keep the Proporty in gaod condi�oR�nd repalr.shatl •
<br /> , � � �� � prompSy vepair,or reptar�any improvement whicb ma��be damaged or destroyed;shatl nW commR or pemiit erry waate or
<br /> " ' ' detedoraUon of the Properti�;shail not remove,demoiiah or substanUaity 8lter any o1 Me improvementa on the Properlyr ehatf not
<br />�d .:_. ' �• ''; � • commn suPfer o►permit aity�ct to be dane in or upon the Property In vlotatlon of any law,ordinanc�or�egutaUom,and shall pay and '
<br /> ` . ' ' ''���'`�� � promptty discharge at Trustor'e cost end sxpense al!tiena,encumbranees and chargea levled,ur.,�osed or essessed sgainst the
<br /> ,,�;�.�.,:,
<br /> ��.' ',` PropeAy or any part thareaf. .
<br /> -_ - . - . 7. Emt�tis�t Oamafn.L�rtQer la hereby asstgned atl compensatton,awerQs.d2Tn�es ond other payments or relief(horeinefter
<br /> __ . . "Rreeeeds'�inconnecticas�irtheortdemnatlonorothertakingofthePropertyor�tRr�reof.ortorcomrayancetnUeuolconQemna-
<br />-_ � Uon.tender ahelt be enUtled at its opUon to commence,appear In an0 proEecuto in ita own name arry actlon or proceedtngs►and .
<br /> -_. •� ' . ahalt afso be er�tltted to make any compromise or setdement in conrteWon with sucfi tatcing or dar.^�ge In the event any pcfi.iv�n of . •
<br />'" tha ProAerty Is so taken ot demagod.Lender ehatl have the optlan,in ita soio and aDsotuto disareUon,to appty all such Proc�ads,
<br /> Y�"•ip after deductlng therefromatl costsand expenEt�Incurred by it in conneeUan with such Proceeda,upon any inQebtednesa secured
<br /> �f.. T . herebq end tn such order es L+BnQer may astermine,or to epaiy ell such Proceeds.after suoh deductions.to tto r�staraUon of th� �
<br /> . ._,* . PropeRyuponsechcondi�onsasLendermaydetermine.MyapD�icatlonofProceedatoindebfednessahallnotextendorpostpone -
<br /> ;,�. ,_ :�i��..�,.;• TNe d�ue date o1 eny payments under the Note,or cure eny Qefauit thereunder or hereunQer.Any unappiled funQs sha�!be paid to
<br />- •'t' �' - 8. Paifannanc�by L,�tfd�t Upon tl�e occurrence of an Event ol0eteutt hereunde�,ar it any aCt is taken or fegal proceedin
<br /> ::�� � �� cammencedwhichmaierlallyaftectsLendePatnterestlntheProperty.Lertdermayir�IbowndtscreUon.butwithoutobligaUonbdo
<br /> , . � . � so,and without notico to or demand upon Trustor and withaut retessirtg Trustor trom any cbtigaUon,do arry act whtch Tiustor hss �
<br /> :< �� . ' � agreed but fafis to do and may aiso do any other ect it dsema�ecessary to protect the secudty hereot.Trusto�ahail,immedlatety �'
<br /> . � . upon demandtheretor by Lendor.payto LenQer 8I1 costs and exponsos incurred end suma expeaded by Lendor in connectton with �
<br /> :. • �' NBenetcissEyLenderolthetoregotngNghts,togetAo►wlthintareatthereonatthodofaNt►8teproviQe0lntheNai�.whtcfiahallbe ..
<br />_. __ _,-. . _ �!o l3�s is�n�;�rc�t�cby.t�rtdat&hatl oai ir�6�ir 8�yr Ita�{tiy Oecause 0?enyuy'�ing it r��ttyr tto ot nmit tv do '`°'--
<br /> � � � hereunder
<br /> , � • . . I .
<br /> . � � i �
<br /> ;;� ; � � �' � .
<br /> � ...: �
<br /> ; ���a .. , . ___ �_ _
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