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<br /> _ ' � . � � . DE�D OF T�9�SY d4tfT�PliT�lRE/�VANCE� . `-�--��-_.
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<br /> � L �"� �� ` `� ' � � . NOVEh1BER' � � .te��,�ltandamone _
<br /> , , � �r� •; n�s a�oF n;usr.ta�es o�aa�aay oL . . ___=-
<br /> � � . ` `�`"' ,� +�eTn�m, ARHOLD WENt1 8i LIeiDA W£4�ti. HU58AND � E1IFE � � -__------
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<br /> . ` ��,:��� � :�' wt�osemat�ngaddr6ssts �atn nvcaraun raet� �a_ .GRAN�� ISLA�Etn�s�o�.d�A�3r,��r�earcnora� _---
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<br /> - �� , •� �@T�� FIYE POINTS BANK. �A NEBRASKA CORPQRATION ;� --__
<br /> - t�s���� P.O. 60X l507 GRANQ ISi.AtJO 1JE 6880Z �tteretn'Trrt�e`�,at�d -- _-- � .
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<br />� � . . :,' �^' ��.�„��,y, fIVE POINTS BAHK � —
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<br /> -.' .� . � � � whosemall3ngaddressls 20l5 N BROADWEL! �RAND ISLAtiD NE 68802•1507 _ �� �
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<br />- ��.. .��i•` '. . FOR YAWABLE CON3IDERATIOt�inctudirtg Londefa extenston of credit[derrii$ed heretn to ARHBla WENN
<br /> , � . . & L I NDA W E M N (heretn°�arrower':wRettter ane or more)and the truat tieretn ors�tedr
<br /> .�c.�� , • the recefp!at whfch is hereby eclmowledged,Trustor here�y irrevcc�btll 8���.transtors.comeys and aaslQn.s�Tn►ale�IN
<br /> • <'r��y., : _
<br /> , •�..;�;.. TRUST.VYfTHPOWEROFSAL�iort�abenetitendsecurilyofLender.unQetandsuQjectW�etermsandconditiansh�eh�l9er�et
<br />, ,F•6.�..' : `:. .. - . torth,the reaf property.descril�ed as fattows
<br /> - � _ � !aT SIXTY TWO (62�, ARGO FOURTH SUBDIVISION, IN THE V.ILl.AGE .OF A�DA., .
<br /> :. ;>.: .�.`° HALL COUNTY, NEBRASKA. . —
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<br /> _:_ ..F.^%N�I f�: ..��_.:.:,,� -_ �Tageiher wHfi a11 buttdings.improvsmar►ts�fixmres.str'eoLv.altel►�R�Saways,easert[erRS.�ight�.OrivlleIIea.and appu�a- - -
<br /> :.��,n';.;��-:-,-...-.:----��,-' � nances located thereon or-in 8nywfse pertatning therato.and t�e rem�issues and proffm..reveratons artd rernatn�mereoL and... ._.
<br /> �,:'%,s;a' s•. � ';,',`;�:, sucb persanal propeRy tha!ts attaahed to the Improvemer�so as to canstlt�te e ftxture�tn�tudtrt�,dut rto!timited taa heatirt�and _
<br /> `•=`��� caoitng equlpmenL and together witA ihe Momesiead or mariffii intere.sta,i!any;whfch fnterests ere hereby ceteased and watvec�ab
<br /> '�%t':;.�", . ,�;,.;;
<br /> �. •�%`'-�r?�,:?. � ' . ofwhtch.inctudMgreplacemerKsandsddltfi¢nsthereto.isherebydectaredtob�aparto}thereatestatesecured6y4haitenof0�is
<br /> `'''" '' lT�d af Tiustand atl ottha to
<br /> regaing ise'sg referred to herain es the"Property".
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<br /> � . This�of Trtist shall secure(a)the payment ot tP�e prtnaipai sum and iMerest evfdenced by e promiaso9yr note or credit —
<br /> ` ` ' 8��� N�VEMBER 7, 1994 havingam�Nritydateof NOVEMBER 7, 1996
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<br /> � 's='';;:"' �.�,. ...��{'�': � in the od ma3 rincipal amour►t of$ 1 O.055.00 and arry and atl modiflcaUons„exoena�ans and renewaia Y
<br /> �..;:;..�..,,
<br /> �,,,��:�'I,�< • ;�� thereof o thereLO and arry and e11 future advarsces and readvances to Borrower(or any o!them ii mare Mara one)hereunQac �
<br /> ...:......... • ,.,.
<br /> ,';};ti�� .,• '>:;,_ � sursuant to one or mare promissory notes or credit agreemertts(herein calted"Note'�;(b)the payment af other sums advenced try ��::
<br /> ` :.•'r.?;';,' � lender to protect the securiry atthe Note;(c)the performance of etl covenants and agreemer�ot Trustor sel foNo heret�r and(�ap .,;; .
<br /> � '``'' ' present and tuture tndeb�dness and obligations of Borrower(or arry at fhem if more than ono)to ler�der whsther�Irect indttecl. �
<br /> , . .�.,, :�-�'
<br /> ` r• ��::"�' absotute or contingent and whether artsi�g by note,guaranry.overdraft or othemisa The Note.this Oeed of Trust and any and att '
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<br /> - - . . '�!%`� otherdoeuentsthatseouretheNoteorathemiseexecu�dinconnacUantherewith.t�cludingwithoutlimitaUonguarantees,securtry �.- _ -
<br /> � • � , agreements and assignments ot leases and rents,shaii tra reteRed to hewin as tRe"Loan Oocuments". , .--
<br /> ' . • - Trustor covenanb and agrees with�ender es tollav� �
<br /> ' ' 1.PaYnunt d IndeSt�nNS Ail tnde6tedness secured hereby shatl be paid when dua ' • `�
<br /> . n..:
<br /> ' 2 Ti�.Tra;stor Is the owner of the Properiy,has the right and�odty to convey the Property,and v�anants that L'�e ti,�n �
<br /> . creatad hern'�+[s a 4irst and pflor lien cn the Properiy.excep!tor liens and encumbtences se!torth by 7rustoc in wrii"srrg rsis� � -K__
<br /> , • � delivaredtol.�-.�erbetoree�cecutlonofthiaDeedofTrust,andtheexecuUonanddellveryofihisOeedolTrustct�snoiviola'�ur.y `�'�=--
<br /> : - � " contract or ather obflgst:�+b which?rustor ia subject ��
<br /> r t�� � , � 3.Ta�ss.Asf�Zo pay before deUnquency a11 texes,specia!assess�s artd all other charges a�..�at tha PropeKy � �E��a..P
<br /> '+;��': � now or bereaRer levted. �---
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<br /> . �. . . .•.',;;�..,-,. 4. (n�urane�.To keep the Property irrsured agains/damage by flre.hazsrds Inctuded within th�Errm:ext$n�d coverage".and ��'� '.',.'�_,
<br /> � �.•<•� `• sucfi other hazards as Lender may�ris�[T emounts and with companles accepffibte to Lend�r n�tng Lender as an addiUonal ���ij"'•°;,if..
<br /> • � ��'' named tnsured,wit�fosa payable to the fiender.tn case of los9 unQer suCh policEe�,the LBdQer i3�t.�horized to adJust coitect artd . �-
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<br /> - . , compromise.aiiclaimsthereunderandshallhavetheopUonoteppiyingallorpartofthetnsuranceproceeds(�tm�yrindebtedness � . , �?,�;;'r��
<br /> • �' . • �auredherebyandinsuehorderaslendermaydetems'ne,pi)totheTiusto►tobeusedMrtherepairorresrora1laaoltheProperiy <�`• � . �:^�'��--
<br /> -- . , ' � or(!(ntorertyotherpurposeorabjecteaftsfactorytoLerr,d�rwithoutaNecUngtheltenofthisOeedofTruatto�thetF�iGamountaecured ''T+�
<br /> � heroby baiote sucb payment svar took place.My a�::ea8on of praeeeds to indebtedness shali not extend or po�tpone the due ' r�`� ' ��^:
<br />•:' � • Qate of fuey(l3ymenb under tho Note,or cure any detault fhereunderc�r hereunder. + �'
<br /> .� � �• • 5.�Cxu�.Upon written demand by Lertder.Trustor shail pay to Lender,in such manner as Lertder may deslgnate,sufGd�rst �:.�., • . � � . �-
<br /> • sumatoerrl..�slendertopayastheybecomedueoneormoreolthefollowing:(i)allfaxes.assessmsntsandotherchargesag�..c�st , . ��
<br /> . . � @te ProperN�.(1�the premlurns on the praperty tnsurance r�Qulred hereunder,and(ii�tha premiums on any mortgage insurance �, :. � � ,. �
<br /> • . � requiredbyl:ender. , � • ,.,_:
<br /> . �.{:• . 8.MaF�n�rtC�•RpaUs�nd Campitaneo with t,a�vs.Trustor sfiatl keep the Praperty in rsaod cond{Uon artd repair.shall • . . -
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<br /> '���� pramptly��alr.or replace any improvement which may be damaged or destroyaQ;afiall not commit or permit arry waste or ,
<br /> = '� • tteterioratlon of the Properiy:shall rui.rErr�ove�demotish or subsffintlalty alter any o!fhe improvemer�te on the Praperty;shall not . ' � i
<br /> .f". Comm(t suf(etor permit fltry actto tie done in or upon tta Property in vlotetlonof arty faw,ordinance,or regutatian;and shaii payan0 .
<br /> • �• . . promptty discharge et Trustor'e cost and expense e1t r�ns.encumbrances end cnarges tevled,imposed or e�aed egalnst the �� � . °
<br /> ;, Properiy or any paR thereol. � .
<br /> : . � 7.Emfn�nt Oamaln.Lender is hereby asstgned�:l sompensaUon.awards,damagea and other paymenffi or ralleT(herelna�ter -
<br /> � �' • "Proct►eds'�in connectton w3th condemna8on or other t8king atthe Property or paA thereol,or tor comroyence in ttau of conde:rr2ca• � . �.+'
<br /> = • � . Son.Lend�shafl be entitted at iffi QpUon to commertce.appear ln and prosacute in its own name arry actton or proceedings,2.nd � ��► `
<br /> � : . shaft atso Da entii►e0 M make any eompromise or settlemem tn eonnection with sucb taking or damage.tn the event arry poNon of • :
<br /> _ �.� , . the Property is so taken or damaged,Lender shail have the opUon;fn Its scde end absolute dlsereUon.to appty all such Proceeds. � �.,
<br /> _ . , eRerdedueUngthere?romallcos�andaxpensesincurredbyitlneonnectlonwithauehPreeeeds.uponerryindebtedneaeseeured. •
<br /> .f�... • • hereby and in such arder as tender may determine.or to appiy all such Proceeds,after sucb deducttans.to the�esto►aUon at the f ' �
<br /> • '� • .. . Properryupansuchcondi8onsasLendermeydetermtne.Anyapplica8onoiProceedstoindebtednes�shallrtotextendotpastpona ( '.
<br /> • , � `� the due date ot any payment9 unQer the Note.or cure any datautt thereunder o.r hereunder.My unappliea funds chall be paid to ; � �
<br /> ' Tnistor. � . �
<br /> i� ' � 8. Pu4orm�by t�nd�r.llpon the accurrence ot an Evant of Defautt hereunder,or il any act ia taken or tegat proceedin� r -
<br />'� �'�- ,- ' , comrttertcedwhfchr�ateNaliyBNectsLendePslntttrestintheP�opeRy.lQndermeylniteowndiscreUon.butwithoutobltgaUontodo � - ��
<br /> � �:•.• � so,and withoN noUCe to or demand upon trustor end wtthout releesing Trustor from any obligatiort do any act which Trustor h8s r. �
<br /> •- ; • ' agreed but falts ta do and may afso do any other act it deems necessary to protect the 5ecurlty hereot Trustor shall.immediateiy � � '
<br /> • upon demand thesetor by Lender.payto tenderafl casband expanses incunEd en0 sums�enQed tiy Lender in curu►ecdon with i . .
<br /> �' � : theexorcisebyLertderofthefarego3ngrlgh�,toget�arwlthinterestthereonattheQolnultratoprovldodinthe�toYe,whlchshaiiDs '
<br /> ' � s� •. edded to the InaobtaQness secured hereby. LenQer shail nat incur any Ila�iifty hecau�of anything it may do or omlt to ds i
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