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<br /> --- -- � ' THI.S OEED OF Td�U3T.ts masl�aae oi 8tis.�4t�..�ay cs Nr�ee�ber ` ' ' ,19�by mr.aJ�[!Q .
<br /> -_ -- -s=-�� t�T�sxr. �81a�s l�. �te �s an8 C�sai J. Sieu�s, �fueband & qi€e. . . -----
<br /> .� � 9244 Bach�aaa Strea� ' .
<br /> ..�—"�`�° wha�e m�Ntrt�addt�ts(s •�r�n8_Is3ead. NE 68�03-5Z41 ' � tf►asrdn`?nmior,°wA�one�r mara?.
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<br /> :�u- .s� .s.w�T' ': ������`.7` �eaa�AS� � j'TB��$Bk8-�ifl t8��'D
<br /> �r.�-��_ ` � the Yrus�er � '- • . --- —
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<br /> �''� ' � �e3e�afllny ed��eas ta�• 8ox 1507, Graad Yslaad, NB 6880Z-y507 -
<br /> -- .�. .. �"_ -- -- (Rer�tn`Trusiae°�,ert� _-----
<br /> � �� . ih�BenaBclavy FIVB EOIiv`TS BAldt _ � � _ _-
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<br /> "'��;�;���� wnose matttn�e�dresa ta p o ��S�Sn7�Grand YAlnnd��68$8 —La7 " �eretn°terute�'1 —
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<br /> �;=�:.'���,`�`;: FOA tf•�����CONSIDDil1TtO1K tncfuding Lender's esaens3an¢t credit IRentlfied herein to ------
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<br /> ��.� C�rol J. S4auea, HusDaad & iTife �;erein"Borrower".whether ane cr more)er�d the trust nerein cre�. ---°--
<br /> '-�'�'�:--- .;,;T fhe roceipt o4 which ta t�e�+eOY ackrtowtedged.Trustor hereDy Irrevu�biY 9rar►t�transfera� camreya and aasiIIns ta Tni�(N �
<br /> --=� ,,:. � TRU9T.iNITHPOWEROFca!�,tottheberte8ta�dsecuritStofLender.underandsubleettotheterms8ndcond'dIanshereIruit�rset !��-�_-�---
<br /> � :;-•'�?��•,�� •:` fo�.the reai P�rtlf.descrtbed ae fottow� -
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<br /> �_;;:y;'�::�.'�; � I.ot Ztaea�q-Fonr (24), Westr�cgd Pask Secoad SuDdivi�ioa, Graad Ielaad, 8a11 Couaty, � __ _
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<br /> `' Togett►er wttt�alt Duitdfttgs,impravamar+ta.fUd�rras,s6�eb.aftaysr passa9ev�r,ays,eassemer�ts,�igt�t9.Privite�s and appurta- e�;�-
<br /> � -• -- nances taca�d Ubraoof or in anywise pertaining 4he�st0.and 4h8 rertfs,issuss and pcotits�reversinna ertd rematndere fhereaf.ar� � ,� -
<br /> 3 V_ �� 6iich"p eisbu8t pCO p�r i y-that is attached tbtlfa improvamerns so as to-constltu�a tixri�r�tnc4udins;but aat t�mtte�to.heatfng and __
<br />- � Gaofingequlpmen�artdtoQetherwFthtAehomesteadarmarfmlinteresb,ifany.wf�Ichir�tsrestsareherebyreteasedandwatered:811 ,`' !J""'°-`-_�_
<br /> �. • olwhieh.inctedingreQlacementeandaQd(tionathereto.I9herebydectaredtobeapaAafthereatestatesecurodEytheQenatthta --__
<br /> . .� 06ed af Trust and aii at the toregofrtg beU►g referted w herein at�Me°Pro�e:ty/: � ' • �oF�:-
<br /> . . . This Oeed ot Trust sAaii eecure(a)the payment of the p�incipa!aum and interest evidanced by a promtssory nate at credit "' m �`-!
<br /> . � .... -� agreementdated November 10, 1994 ,having a maturitydate ot �q 9, 1995 . -- -
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<br /> . ' • . tn the odginai pdrtcipaf amount cf a 95.000.00 and any and atl madiflaatfon�eMensians and renswats '
<br /> � . • • theceo!or thereto and ar►y and all tuture advances and readvances to Borrowe�(or arry ot thezn H rt�ore than one)hereunder ''' .
<br /> , .,�: .� pursuant m an�a or more prom(ssnry n�tes ar cradit agreemenb(t�erein ca1t�A"[�ote"j;(b)the paym�ent af other sums advanced by °, r ��- ,
<br /> • lender to proYectthe security ot the Nate:(c)t�e performance a!all covanartts and agreements ot Trustor set foM hgretn;and(dj atl • ,
<br /> • ��'. present and i�riure(ndebtednes3 an�o0ligatlons of Borrawer(or any af them it more than ane)to Lender whe�et direc�indirecR
<br /> . � .F�'' � absoi�ata ur ca�inger�t an9 whether arfs(ng by aote.Suaranty.overdrait or otttenvis�The Note.thls Deed ot Trust and any anti.af l .
<br /> . ' otAardocuentsthatsecuretheNoteorotherwiseexecutedinconnectiontherewith.inctudingwithouttimitaUonguarantees�secuRty '.;'
<br /> � . � " ' agreements and assignments of teases and rents,shal!be reterred to herein as the"Loan Doauments". � �• y'��
<br /> � , . T►ustor covenartts and agrees with Lender as faltows � .�. ' �
<br /> . � 1. Psym�t ot Ind�El�drtNa All(ndeMedness secured hereby shail6e paid when due. • i���,."'»
<br /> .� . 2.TiW.Trustar i9 the owner o!the Proyerty,has the right and authprity to convey the Rroperry.and warrants that the lien ' <.,���'
<br /> '' � created hereby ts a ftrst and prtor lien on the Property,excep!for tiens and encumOrances set toM by Trustor in wriUng and •••;�«� :;�_
<br /> � .• �} � • . delivered to Lender•before executlon af this Read of Trus�and the executlon and deftvery of thls Qaed of Trust does nflt violate any �;.� '
<br /> ° � . .. ,. contract or other obitgallan w whlct►Ttustor ia sub�ect � � '' �`-�
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<br /> � • . ' 3.TasN„ll��nts.To pay betore delinquency e11 taxes,special assessments and all other charges against the Progerty '��� �� ��``
<br /> ' � •. • now or hereafter Isvied. ' �'
<br /> � � 4 'K.:.f,'' ��J.
<br /> _ � � ' ,;',:,�T. 4. Icuursne�To keep fhe PropeRy insured egalnst damage by flre,hararda inctuded wit�in tha tr�rm ex0ended coverage.and .
<br /> � ,it�•>,:� y requ(rt�in amounts arM wttt�com ' �,.,��5��
<br /> . .. .ri#,-, . sucA other hazeNs as Lender ma pant�a ecceptable to l.enQer:�anilrtg Lender as an addHtonal .
<br /> ' named insured w1ti�toss payabte to the Lender.!n cese ot toss urtder such policies,the Lender ia suthorned to adjusL coiieet and
<br />- �ij���.. • � compromise.allctalmstRar�unQerandshallhavetheoptlonofapptyingallorpaROftheinsuranceproceeds(�toanylndebtedness •• �� ��.
<br /> ..�� �• secured here!!y and In sucli vrder as Lsnder maydets�mine,(fi)tothe Truator to be used forthe repairor restoraUon olthe Proporty � � �
<br /> or f�foran other u oseorobjectsaUStacto toLe+idarwithoutaffecUn thellenofthisDeedolTrustforthefuitemauntsecured � ° �. . -`���:"-�
<br /> O Y P ►P N 9 . 1�; . •::
<br />� �, � . �• hareby before such payment ever took pfaca My appAcaUon oi proceeda to indebtedrtess shail not extend or pos�ane the due � "r''
<br /> • (a, data ot any paymenb under the Note,or cure any detault thereunder or hereunder. ' . .1;>�;�`"-
<br /> - ' S. Eserow.Upon written demand by Lender.Trustor ahatl pay tv Lender.in such manner as►.i3rsC�r may desi8nate,su'�c:ent '`,:;"i. -
<br /> - • .:.,; ,.:,'rs} .�
<br />� �. .� '. • aums to ena�le Lender W pay as they tseceme due arte o:more of the toilowing:(q ail taxes,assesss�ertb an@ atiu�r charges egalnst � _ •
<br /> ' th9 Properry.(ii)the prem(uc�s on tt�e property insur�urco required hereunder,and(ii�the premiurr�s trr c�ny rtrac¢gage insurance
<br /> -y 1�;,r'„ . .. ,� reQulred by Lsnder. � ?
<br />--' � .• B. Mabft�nrne�.R�and Comp(tarte�wlUf Law�.T►ustor shall keep the Property in Qeed comitticn artd repalr.s�all • � , �. ;.
<br /> � ���%"t. � promptiy�epab,or repiace any impravc�anent which may be dama�d or destroyed;sha19 nat�cammit or permit alry waste or � �•� �•.�'.•�,.� �
<br /> ;:i;;�'�i � . • ':`.
<br />. ;� . �. ,...,t;.,,:. . detertoraUon af the PropeRy;shall na4�rnove,demolisb or subsffintially a(ter arry of the imprwsments on the Property.shaq not .:,,;{�,�;.•'. ,, '�
<br /> q. ..'. • . . - commt;sufterorpermHerq+sntobBQor�einorupon4toPropertyinvlolaBonofassyt�w,ordinance,orregutaUOn;endanalipayand . .
<br /> - ,f, . . promptty Qiac�arge at Tru..^�'s cost and expertse�,livns,encumbraneea and ehe.c�es tavied,imposed or assessed against the .
<br /> - +� � Propeny ar any part therecf.
<br /> -+'� ' •� . �• . 7. Eltdt[�nt Dana�n.Londar is ttare�y assigned�:!compensation,awards,damages ars�other payments or�etief(hereinatte� • •
<br /> . � "Praceeda'�tnCannecttonwifbcond�sraaitonorotrierfakingofttie�rap6rtyorparithereot,ottorccrosyancetnlieuo}condemna- • �.•"•
<br /> � �j, � � ' • Uon.Lendar sha11 he enUtted at ita o�cn r�comr.,erace,appear in nnd prosecnt�in its own na�tr�eny actlon or praeRedings,ana . . . x�.�
<br /> � . eha0 afso be entiited to matce any comysnmi�arsottiament in car.�cUon wfth sucb tetcing ardamage.tn the event eny poNon of � °_
<br /> . . the Property is so tatc8n or damaged.l.ender ehail hu.vrs the apUon,ta Ns so�e and o,6saluto dtscreUon,to eppiy atl auct�Proceeda . ' . ��
<br /> . � � afterdeducttrtgtherefrom ail cas�end expertsea incuRed by it in cannectton wltlf sur,�a Ptoceeds.upan any indebtedness secured �.
<br />- �� � � hereby and in sucA arder aa lender may detertnine.or to appty ail sucb Proceed9,a'tter euch Qeductlona,tothe restora�on of the . •
<br />-_ • � PropertyuponeucAeondlttonsasLsndermaydetertnine.MyeppllcaUonotProceedstoladebted�essshailnotexte�do�past�ne �� � � . .
<br /> " • tt�e due dat9 ofanypayments under the Note.or cu�e any default thereunder or hereunder.Any unapplled tunds shail be patd to �
<br />� � •� Tntsto� �
<br /> � e. P�rtor�nanc�by L�du Upon tho occurrence of an Evont ai OofaWt hereunder.or ilany act Is talcen or tegal proceeding
<br />:x�' � . ". cammenced whtch materlaity aitecb 6endar's Inmrest in tt�e Property.Lertder may In i9s own discretton.but without obtigattan to do � : #,_
<br /> __ ' • so.end wifhout noQce to or Qemend upon Tru§tor artd withoui reteasing T�us4or trom any obtiga4ton.do any acl whtch 7rusmr has
<br /> _- .' . .� agreed 6ut fatf�to do and may atso Qo any othet act(t daems necessaryr to pro�ct t8e sscudty hereof.Trustor she11.Immedlately . `�
<br /> . . � � . �pon daman�theretor by Lender,pay to Lendor ell costs and expenses incurced and�ums expendeA by Lender in connection witb � `
<br /> , �, . .� thaexercl89byLenderotthetaregoi�gright�,tagetherwithlnterestthereonatlhodetautt�edopravidadinthoNote.whicAahatlbs � . _f
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<br /> ', � �• � � ndQed to tha ind9btednes�sscured here�y.I.tinder shel!ne!tncur any IiaCitity bsc8use of onythirtg H may do or omN to dD � .'�� ,.
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