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<br /> 1'6iU�-i`1'0{3 {iEAD 7NI5 DeF04��SIGNING: �
<br />�` ' Yru�tor ��nderetendo thot tho document thut T�uotor!p about to oxocuto i�o Doe�of Truet and not o mo►tgepe and thet tMa power
<br /> of wels provided lor In lhe Dou�!ol Yruot piovidos oubatantinlly dilforont�IpMe ond oblipntionn ro Tiuotor than o rno�tpape in ths svbnl oi -�-
<br /> ~ � a dcicut!or�ranch oi oblipmiun undor tho Docd of Truot,innludinp, but not limitod to,�ho Lcndurb ripht to hovo tho P�opotty oold by tho � � --
<br /> • T�uctoo viitliout eny(udicial prococdin�.Truotor roproncnto and worramo thot t fs acicnowlodpcmc t wos uxocutcd by Trustor bo}etm tho `n�'-
<br />�. exccutlon of ths Oead of Truat. • _ °
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<br /> ., � QEN RAV 8 . , �`
<br /> USTOR
<br /> ��� �M�'!!i
<br /> �BA GRAVES TRUSTOR ,_ "�
<br /> R.^
<br /> ° .. DEED OF TRUST WIT'H FUTl.lRE A�VA!!l�L�S ' "�`
<br /> , 4 1'_
<br /> THIS DEED OF TRUST,to mudu as of tho 9th , doy of December , 19��,by and emonp ,. 'r
<br /> „+�k.
<br /> •i
<br /> tha Truamr, (iENB OAArilE9 and BARBARA ORA{/�S, HUSBRND AND WIFE , � ,r•
<br /> • 1711 S STUHR R.O GRAND I SLAND I�� fi88�11- � � '�
<br /> wf�oso moitinp uddrese ie aroin ►•ustor,'whether one ormore), � �.:�..-,�'�i�
<br /> :.r�:�; - -
<br /> -• " the Tn+stee, AREND BAACK • '`v'" _ _
<br /> ' , whoso mailinp eddrese is P O BOX 790 GAANA 2SLANA N$ 68802 (heroin"Truntae'I,and '�:1� ~ , -
<br /> the 8e�eficiciry, THE OVEALFIND NATIONAL BANK OF C3ftAND ISl ANA , ; � ,h� _ `
<br /> • '•°'• t`^' —
<br /> who3o meilinq oddross is P O BQX 1688 GRAND ISLAND NF. 68802 (hereia"Lender"1. '�3vi�'
<br /> ;;��.�"�_
<br /> fORVALUABLE CONSIDERATION,inctudmp Londar'o oxtenaion of cradit idontifiedhort�in to OGAIE GRAVES '�,. �-"'
<br /> • . ^�;�
<br /> _�:
<br /> „ „ BARBAAR A CiRAVGS
<br /> ' Ihorofn "Borrower",whothor �na or moro)and the troat herein cronted,the ' -
<br /> Y 0 v y prunte,trunefere,convoys and asaipna to Truetae,IN THUSY,WITH .� � , �
<br /> , toceipt of which is horob noknowlod od.T►uetor hora6 irrovoaabl '�.
<br /> " t POWER OF SALE,for tho bonofit and oocu��ty of Landor, under and aubjact to tho torms rind conditione hereinettor oat forth,the real �`
<br /> �- - proaertv.describod as followe: •�.�'- " --
<br /> ' SEE EXHIBIT "A" ATTACHED HERETO
<br /> ��«�
<br /> . �
<br /> t� ., � ��
<br /> ToBother with all buildinfle,improvomente, fixturos,atroote,alloys, pussupoways,ec�semont�,riphte, privilepoa ond eppurtenencos „ ;r;
<br /> ' ' locatad thorc3on or in onywisa pertninin{�thoroto, nnd tha rente,issuos ond pro}ite, rovoreiona and remaindere thornof,and euch pereonel `t,_` �'
<br /> • property thet ie ettachod tu the imp�ovemento eo as to constituto a fizture,includinp,but not limited to,hoatinp end coolinp equipmant; ;jt,�_
<br /> nnd topother with tho homostead or maritnl intorosts, if any, which intorests ere horoby roloused ond waived; all of which, includinp ,i . �!,:
<br /> , � ropincomente ond additio�s thorato,is t�oroby declurod to bo o part of tho roal ostate socured by tha lion of thia Daed o(Truat e�d all of �, ;�
<br /> •. � , tho farapoing boinp roforred to horein ns tho "Proporty". " ,.r
<br /> �` _-
<br /> • This Dood of Truat shnll eacura lol tho pnyment of tho principnl eum and intorest evidoncod by a promissory note or cradit , � . ���w.,
<br /> !.
<br /> apreomc�ntdatod �$/09/94 ,hnvinpomaturitydotoof 12/15/04 , � �'�i
<br /> ' in tho originml principol omount of S 75�000_00 , and any ond oll modificotione, axtaneione end ronawals � • � a'�
<br /> ,� thareof or tt�ereto and nny and oll futuro advonces nnal roadvancos to Ba�rowar lor any of thorn if mo�o thnn ono)horeundor purauent to ' '
<br /> one or more promissory notos or credit agrnements Iheroin callad"Note");Ib)tho paymont of othor sumo advencod 6y Londer to proteat �
<br /> �,
<br /> tho security of tho Note;lc1 tho porformonco of nll covonnnte and ngroomants of Trustor sot forLh horoin; and (d)all present end future �,
<br /> a� ' indobtodnoas ond oblipa4�ons of Borrowor lor any of them it moro thon ono) to Londor whothor diroct,indireot,ebsoluto or continpent j l�
<br /> ` ; �• and whothar arising by noto,flunrunty,ovordraft or otherwisa.Tho Noto,this Dood af Trust ond ony�nd otl othor dacumante that socuro i �b`• �,
<br /> ' tho Nota or othorwiso oxocutod in connoation thorowith,includinp with�ut limitotion guarantoos, aocuiity agraemante and aseiflnmontn �'
<br /> ` of loases ond ronte,ehull bo rofarrod to horoin ae tho"Loan Inatrumnnte". i
<br /> Trustor covonante ond egreoe with londor os followe: :
<br /> - ,� 1. Peyment o1 Indebtedneaa.All indcbtodnoss sacurod horoby sholl bo paid whon duo. �
<br /> � 2.Tftl�. Truetor ie tha ownor ot tho Property,has tho ripht and eutho�ity to cpnvuy tho Proporty, and warranta that tho lian cre.�tod ! ..
<br /> horoby ia o firat ond prior lian on tho Proporty,oxcopt for li¢ns and oncumbmncos sot forth by Trustor in writin� and dolivorod to Londor ' ' •
<br /> botore oxocution af thin Dead of Trus¢, an�the exocut�on und dolivery of this Dond of trust doos not violot�eny contract or othor I
<br /> f � obligation to which Trustor ia aubjuct. �
<br /> 3. Toxss,Ast�ssme�t�.To poy baforo dahnquoncy alI taxas,spocipl assossments ond atl othor cherpos againet tho Proporty now or
<br /> haronfterloviod. '
<br /> 4. Inturanc�.To kaep tho Proporty insurod apuinst damaflo by firo, hozurds, mcludod within tho torm'oxtondod covornpo', a�d �
<br /> such othor haturde u3 Londor mny roquiro,in amounts and �vith companio�nccoptablo to Lendor, naminp Londor as nn additionul nnmud � _
<br /> inau�ad,�vith loss paynblo to tho Londor.In caaa of lo�s undar such policios,tha Londor is nuthorizod to adjuet, collect ond compromiso,
<br /> alt clnims thoroundor ond shnll hovo tho option of applymfl oll or pnrt of tho insuranco p�ocaode (il to any �ndobtodnoss Qocur�d horoby
<br /> and in auch ardo�os Londctr moy datormmo, (iil to tho Truotor to bo usod for tho ropair or rostorotian of tho Proporty or(iii)fo�uny othor
<br /> „ purpoon or abjoct ootisfaotory to Londor without offnuti��p tli�lior ot thi� Qoo�of Tru��for tha full nmount socurod horoby boforo cuch �
<br /> _ poymant ovor took placo.My opplicution of prucoods to mdobtadnoss shnll not oxtond or post pono tho duo dat�of any paymonto undor
<br /> .
<br /> tho Notu.or curo uny dofault thoroundor or horcundor.
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<br /> - . . .. ..�..�v. w�v��--" �v�vi�uei�ii�au�.,i ti�ci�itoi Oa 6Ci��lc1 tt�OY YQ3I}�IIOIQ�3LItIGICI�I OUf115
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<br /> to onoblo Lcndo�to pay os thoy bocomo duo ono or moro of tho followinp: (il oll toxos, o�3ossmante and othor chergca agoi�et tho
<br /> ` Proporty,lii) tho Oremiums on tho prop�rty insuronco roquirad horuundor, ond(iii) tho promiuma on ony mortpago insuranco roquirnd by
<br /> ; londor. �
<br /> ,t „ �'- 6. Mdntmonc�,Rtpafu ond Compliane�wilh Lawo. Trustar ci�oll kaop tho Proporty in qood condition and ropair; eholl promytly .
<br /> � ropoi+, or ropinco ony improvamont which may bo dumaflod or dastroyed;eNall not commit or pormrt ony wu�to ot dotorioration of tho
<br /> # Proparty;shsll nat romovo,domolish or sub3tontwlly altor eny of tho improvoments on tho Pruporty: sholl not commit,auffor or pormit �
<br /> • � any nci to bo dono in or upon Iha Proporty in v�olution of ony Inw,ordinonco, or ruflulotion;ond eholl pay nnd promptly disharq�ot �'
<br /> : Tructot'o coct and expencu oll I�ens,encumbranco3 ond chorgos loviod,�mposod or ossossod apo�nst iho Proporty or uny part tharoof.
<br /> 7. Eminmt Domain. Londor i3 horo6y nss�gnod u�l compenaaUOn, awards, damagos snd othw paymonto or rolfo} (horomoftm
<br /> " "Procoads'I in cannoction with condemnat�on or othor tnkinp of tho Porporty or port thoroaf,or for tonvoyonco in liou o}condemnotion.
<br /> � ° Lcndar shall bo entitled ot its optiun to::ommcnco,oppoar in nnd prosccuto m�ts own nomo uny action or procoodm�s,ond shall nlso bo
<br /> , � cntitlod to mako any compromisa or suttlamcm m connoction with such takinp or damapo. In tha avont any pottion ef tho Proparty is so
<br /> �
<br /> �_l - �� r+UC 3aG7�YU,.�,�owcvu occm nor �woo
<br /> � Q�ODO I�NmN O+ns a�Comn,erco innt w S�v�ipo Anocu�cra 4a•�n.N.e��sS�
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