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<br /> . ` ,�� THIS��EQ OF TRUST.ts made a�of tha i5th day� Nov. �t9��.41►and amor� ` ' ���
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<br /> - �BTtustor. C[itdNY£ � NAA� � SAHUE R �lAA��. G1�:fG aTld I�usbanc7 ,
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<br /> , �� � � �� ei��r,�rc�aan nR� cau� �isi.aH . ,P��� :Y.�..f.' �ilLb:di.jiiy+
<br /> ':��'�' • tis�hase�nailing sddresa is -- A �ereirt Try�F. er one or more�. f, , : .
<br /> � , the Tntst�e. F'ive �oimta �ank a Rebrask Gornor gion -' ``� ,�
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<br /> : - wflose maiting eddress Is p'0. @ox 1507 Grand Island. BlE 68802 ��..T��.�.� �: t; �, ; _
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<br /> ` �,e�n�� Fi.ve Poiata Bank ` ' ` -�- -
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<br /> ' 2015 N. Broadre�l �irasid Ialadd, N1E. 698?12-1507 � �.�"� �'�= _
<br /> . . . . ., whose mafling eddrass is (heretn"LBnder'!. _ _ ---
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<br />- , ,' FOR VALUABLE COI+tSlDERATION.incl�ding Lende�s extensfon of credit iderrtifted herein���NIE H W9A6E �• --_
<br />_ . , ' b SMt1EL R WAAGE (herein°Borrower",whethec one or more}and the trust herein createcb
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<br /> •`,-• • tt�e�eceipt ot�e+h4ch Is hsreby actmawladged.Trustor herebY irrevo�bty grants.transiers.comreys end assIgns to 7n�&tee,W
<br /> • ,�` , .: `� � . TRUST.WffHPOVYEROFSALE,torthebenefttandsecura.�►alLender,underandsubjecttnthetermsandcondiUonsherainaftarset _-
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<br /> fO���'HY6�� t,�3�7`d2�ttSES��4DD PAR�� Si:�BI{iISZG3�; AALL. COil2i?Y. Y3EB8ASKA. ' : . - _,_ _
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<br /> ' 'h-��i. t^�t -r �'r�i ' � _�_ . . .. - . �'.. . . _. . . . - .,- .•. . .. --�----
<br /> '+ .` 1 :. ' 6 t_ Tc er wit�h ail buitd.T:r�fmproveat°�S,fiuUires.�iree�. �a:e��Sew8Y8.essements,si�ht�„Oziv'.3e.g�r�3d�pptt�E- .
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<br /> -- ;,%� manc�sb�lt�reonorinenywlsepeYda:.`=ngUterein.antl��r��7s.��8sandprotftts,�reverstana�ndrem�i7�rs�:ereC��IIl . . __-
<br /> �'��, " , • .'`�:t such personat pr.operry that is attached ts����lmpravem�rtb so as ta cw�z,�itute 8 fixtura.inctuding�,bul npt(im:�d Sa,8tE8�ng�^� ��" __
<br /> � '. �t:�; ; cboling equtpmer�and together with ttte hvriz9tead ar mazital interesb,i8any,whlch irrterests are hereby reteased�nQ waiv8c�a�1 , -- —
<br /> .. of which,inciuding reptacements and additlonsthereto,is herelry declared to be a partof the real estate secured byYhe iten atSEie. • _
<br /> : .�'' ` ... � Oeed o!Tntst and ell af H�e foregoing betng reterred to herein as the"�roperiyr'. _—
<br /> . � This Daed of Trust ahatl secure(a)the payment of the pdncipal sum end tnterest svtdenced by a promtssory note or credit ��
<br /> .''. . : .,`� � • apreement datad t�avember i5th i994 havtng a maturity date ot Hovenher i5th 2000 �'�—
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<br /> • - ",-. - tn tt�e origlnet pNnctpa4 amou�t at$ 10.020:50 .and any and�ti moditicattona.extenalnrta and renewats
<br /> � • thereaf or thereto and any end all future advanae3 and readvances to Borrower(or any of them it more than ons)heteunQer .
<br /> • " . ' pureuant to one or more promissory notes or cre�it agraements(nerein calted"Hote"}:@)the payment of other auma�dvatnced� r,;,.
<br /> �' I.andertoprotectthesecurityoltheNOte;(oythopertormanceofc�licuvenantsanda9reementaofTruatoraettarthherotR;and�d)alt ..��
<br /> - . present artd future inQebtedneaa and obitq�atlons of Borrowe►(or any oithem i4 more than one)to lender whethdr direct indtr� �_•:
<br /> • - ebsolute ar contingent and whethee adaing by note.Quarenty.overdraft or otherwise.The Note,thia Deed ot Trustand eny and�{t �
<br /> �• � otherdocuOnbU�atsecutetheNOteorotherwlseexecutedlnconnectlontherewith.incfudinpwithoutllmltatlonguaraMaei,aecurtty �
<br /> � ' � . egreoments end aasfgnmen�of teases and rents,st�ail ba referred to hereln a9 the"Loan Oocuments". -
<br /> � � �•� Truator covenartis and asrees with Lender as follow� `.�:�:
<br /> t, paym�nt o!Ind�btidnNt.�VII tndebtednoas secured hereby sha�l be paid when due. . ••�-.
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<br /> ,. ' �� " ' 2.TiHs Truator is the owner of tfie Rroperty,has the rtght end autteoriry to coavey tne Property,and warrar►ts that the Iten ,;, _
<br />- , ' ereated herahy is a flrst end prfor Iten on the Property,except for Ilens and encumbrances ee!forU�by Tnastor tn wriUng end --_ _
<br /> -: � "' , deltveredWLenQerdetoreexecutlonofthisDeedotTmst,endtheexecutionanddet(veryolthiaDeadofTrustdoe9notviotateany ' =-
<br /> � "" • contraat or other obllgaUon to whfcb Trustor Ia aubject ,�z�'
<br /> � 3.TaYn,As�m�nts.To pay betore delinquenoy all faxes,spscial assesaments end all other charges egainat the Ptoperty �i� Y
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<br /> :. , now or hereefter levfed. ''�" _
<br />- ' � � 4. Insnranc�TokeeptheProperlyinsuredagainstdamagebyflre.hazardsinctudedwithi�theterm"extendedcoverag�".an0 -`
<br /> • . . suab other hazards ae Lender may require,in amounts and witb compantes acceptable to Lsnder,nam(ng Lertdera9 an aQdiUonal � �'..�' -�- -
<br />, ' � ' � named Insured.wit»losa payable to the Lender.fn case o1 toss under auch poiictes,the LenQer is authorixed to adjust�callec!an� '�""°°�
<br /> � � � compromise,a11 clalms thereunderand shail hava the opuon of applying at1 or paR of tho lnsurance proceeds(�to arry indebiednsss %�'!}°�",���_
<br /> f=� r . � � , securedherebyandinsuchorderasLendermayde2ermine,(IRtotheTruatortobsusedfortherepairorrestoraBOnolthePropeRy � ����=—•
<br /> � � or(ili)to�arryotherpurpaseorobjectsaUsfactorytoLenQerwithoutaBecUngtheHenotthis0eedofTrusttorthetullamountsecurod ' '���}:`_�.='
<br /> -' ` � •., � hereby before.acah payment ever wok ptace.My eppitcatlon o1 proceeds to indebtednesa ahell not extend or postpone the Qua `• .,��;�.-q�
<br /> `;�, : : ; date of any paymen�under the Note,or cure any deiautt thereunder or hereunQer. '' . •
<br /> - �� . � 5.Essrow.Upon wriuen demand by lender.Truator ahall pay to Lender,in such manner as LenQer may designate,sufficient `•
<br /> `�t �- � sumatoenabteLendertopayestheybecomeEueoneormoreotthetollowing:p�ailtaxes,assessmentaandotherchargesegalnst •� � •-
<br /> : the PropeRy,pi)the premiums on the property insurance required hereunder,and pi�the premiuma on any mortgaga insurunce � � ''
<br /> '� • roquirod by Lender. � . . � -'
<br />`; . 8. Matnt�nme�.R�palr��nd CompUlnc�with lawa.Trustor ahall keep the Property in goo0 condi�on and repair.ehall
<br /> � � • prompUy repalr, or reA�ace any improvement which may be damaged or destroysd;shall not commit or permit any wasto or
<br /> - � y � � detertoratfon of the Property.shall not removo,Qemolish or subsffintlatiy alEer arry of the improvements on the Properiy.ehail aot -
<br /> ��'��. ' � commiL g�er or permit a►ry act to be done in or upon the Property In violaUon of any taw,orQlnance.o►regulaUon;and ahall pay and � . ' .
<br /> _ . � <• . • pcomptly dfscharge at Truator's cost and expense ell Ilens,encumbrences and charges tsvied,imposad or aesessed agalnst the � �
<br /> _ .� . Properry or anp Part thereoL . •
<br /> - � ' 7. EmtnfM Qartttit�.Lender io hereby asslgned all campensatlon.awarda.damages and other paymenta or rellef(hereinafter ' ���'
<br /> ' '�Prcceeda"►InconnecttonwithcondemnationorotherfakingoitheProA@nYorpantRereal,ortorcorneyrancelntieuotcandemna- ' � s
<br /> _ �. tion.tsnQer shall ba enUUed et ita optlon to commence�appear In and prasecate In its own name any nctEon or proceedings.and .
<br /> -����'t. � shall afso Oe entittted to make any comprom(se or cetUement In connectlon wit�such teking or damage.tn the svent eny portton of � � . ,.
<br /> v''- �-�-' �' � ' the Properry Is eo taKen or damage0,Lertder eAatl have 4Ae optfon,In im sote end ahsotute dfscreUon,to appty ail such Proce�eeda, . . �°
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<br /> �;:••` � ' � ", � efter deducUng therefrom all coats and expenses incurred by It in connecUon wlth aucd Proceede,upon any indebtedness eecured � .
<br /> x= �� "� � ,. Aereby►and in such order as Lender may determine.or to epply ail auch Proceeds.after such deducUona,to the rastoraUan oi the E •
<br /> _ . ��, ' � . ` Property►uponsushcondtUonsesLendermaydetermine AnyappNcatlonotPwceedatotndebtednessshaltnatextendorpostpone . � '
<br />•* •. the duedmte o1 flay paymCn�under the Note,or cure eny default thereunder or hereunder.Arry unapplied furtds ohail be paid to ; . •
<br />_ �:.,:.. � � . . Ttustor. ':. . . .
<br />� �.,:����•;.: .'_.. ,.....,,; 8. Pfrtc�e�by Me:4a�Upon U9 oeeunenea o9 an Event of Qsfautt hereunder.e►if any act ia taken or legal proceeding � �� �.
<br /> commence�c$hi:;h�r.a�rt�::y aHec9s LcrrS�'s interestirt 3he Properry.9.�rsder may in ita own discreUon,but wi�tout o4Hgauorn t�das
<br /> � �,� , ,.';� I''�, so,and wltho�.1 no2i,a tfl c���Tznd u;.Wz t�uator ae:d r�:T.au4 reteaairtg Trustor from any obflgatton.do any ect which Tnis:�r h�
<br /> �`�`'� � ' a�roed but tails to Ca ar,d c�y aso Qo any other aCt it C'-rams rtecessary to protect the securlry her�of.Trustor sh.a:4 immediatety ' •
<br /> � ,'�.�';,�;� ": ,�.. � u�on dema�d theretor by Q,rr.rnd�r.pay to Lenderell cc�4 nd exponsea Uaurrad ar.d s�ma oxpended by Lender En eonnecUon with
<br /> :• � !'' � th9 exercissb}LenQer otthe foregoing rlght�,together�rith interesltterosR attts C;�fault rate provided ln the Na�.v�Aicb shall Ce � . • � ' �
<br /> _�_-_ .�''.�. -- -�-. °�- -- added tn�.icQebtgdttess socuraa herobY•LenQer shafl not tncw�:!t,asiiity trscause o1 a:r,�,hing it may Ao or amit tc Co ;., _.�...:_._�..... _.
<br /> --- - --- . hereunder. �----------._.
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