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<br /> .� a < ' � .`. ' � DEED OF 7`EtUST W6TN,FUTt�RE ADYANC���� .. . �'�.� _Y�_
<br /> � � n�+�s��o o��usr.is nt8d9 88 G9 t4►8 i�t� esy�* ���. .�a�.ti��ana amon� �.� -
<br /> .,. . -,f i-�, . ..
<br /> _ .. � , theTNStD� GLoi'ia d Thesenvit� ��c�tic+ earaen � , `t��. �����-�`-
<br /> � . ';;"�,�q4�-��s� _:
<br /> - • . ..� .. . wAose mffiling addre�ts 151�at Pl Grend Ialan��erein'?ru�'r.'��er��`�s moro�, v�";'� Y ':_-�ry '-
<br /> . . , • . . , t `�_
<br /> <<- theT[U8tB8; Eive Points 6ank a Hc�braska TnrnnraF;nn . .. . . '
<br /> Y -` , - ��������� �.0. Har, i5+�7 Grand Island, NE 58802 �harein"Tiustee"}.artd _ _
<br /> . .4 ' , . . • the Baneftciary.. Fi_ve Points Bank � . �,. ,
<br /> ��-�� ` �- - •. . - whose mailing address is 2815 H. Broad�ell Grand Island. HE. 68802-i5a7 (heretn"Lss►de��. • �.�` '� _
<br />� �'-� =-:�` ':�`:,:-�- - , , - , . . - _
<br />, ' . � : FOfl VAWABLE CO(�ISlDERATION,indudtng Lender's extenston o!credit identitted hereln to ,. . ,
<br /> ���. _ , � Gloria J Thesenvitz (hereJn"Barrower".whether one or more)and the trust herein created : . , -
<br /> • � � the reaetpt of which is hereby acknowtedged.TNStor hereby trrevocabty granta transfers.conveYs and assigns to Trustee,tN •� � . ,
<br /> � TRUST.WITHPOWEROF3ALE,torthebenefttandsecurityoiLender.underandsubjecttothetermsandcondiBonsherefnafterset ,
<br /> ` • iO�Tm�I�EY��t IZ d H D�DEt�'LAKE5 SUBDIVI5ION Ht1�BEk �OUR (4� IN HALL COUNTY. �� �
<br /> � ' . � " t1EBRRSKA. 1 . ' - -
<br /> . Togsiher wNh alt buitdings.improvemants,fixtures,streeis,alleys,passageways,eassments.rtghb.D�Iviteges and appurte- � �� ' � . ,
<br /> .-�.� ,' - . - nanceslocatedSherean ot ina�ywise�ertairling.�ereto.and Qre renb,issues and profds.reversfions and rematnders thereof,and = _ _�•�.;-
<br /> ' such personal pro�erty that Is sttached to the improvements so as to canstitata a fixture,inc(udTng,6ut�ot limi(edTo;heSUAg 6tftf '�. . • ,�;.
<br /> • •� coolingequiQmenfiand Wgether witA the homestead or marital interesb,if arry.which interesbare hereby reteased and wei�ed;all , �� -
<br /> of which.inctuding reptacements and addi�ons thereto.fs hereby declared to be a part of the real estate secared by tha Ilen ot tMa , �;`s.
<br /> . . : Deed oiTrust and all of the toregoing laeing reterred to herein as the"Properiyr'. r�.�
<br /> � Th�s Oeed of Trust Shail secure(e)the payment of the prtncipat sum and(nteres4 avidenced by a promissory nate or cred�t - _ - _ �.��;
<br /> � ,�„- �.
<br /> � . egreementdated 'January 19th 1995 ,having a maturity date of January 15th i9�6 , ' . .
<br /> • . . in ths orfgtnai pdrtcipal amount ot$ �5.OZb.�0 ,and any and all madlflcaUona.extenslona and renewats, . �
<br /> �� thereof or thereto and any and ali future advances and readvancea to 6o►rower(or eny oi them li more than one)hereunder .
<br /> �.' • � , � pursuant to one or more promissory notes or credit egreemenb(hereln cailed"Nota'�:(b)the payment ot other suma advanced by �. ,
<br /> � Lenderto protectthe security ot the Note;(c)the pe�tormance of aU covenanta and agreements ot Truator set toRh herein;and(d)eil • . '
<br /> . , present end futura indebtedness and oblfgaUona of BoROwer(or eny of them II mote than one)to Lender wheMer direct,IrtdirocL � ,�• J'!�
<br /> ' � a bso tu te or con tlngen t a n d w h e t h e r a r i s i n g b y n o t e.g u ar an t y.overdraftor otherwise.The Note,this Oeed ot T�ust and any ar�d ail �
<br /> -�-- - � -� � oSherdocuentsthatsecuretheNoteorotherwiseexecutedinconnectiontherewith,inctudingwithoutlimi�tlonguarenteea,securtty � : _ •__.,,:�,�i '
<br /> � egreements end asaignmenta o!leases and rents,shail be reterred to herein as the"Loan Documents". � �;', :,, :�
<br /> . . ' Trustar covenents anA agrees with Lender as toilow� . •
<br /> . . � t. Raynn�nt ot Ind�btMn�u.A111ndebtednesa secured hereby shaii be paid when due. . .�
<br /> 2. Tttl�.Tn�stor is the awner of the PropeRy,has the rfght and authoriry to convey the Property,and wana�ffi that the tien . : v f�
<br /> � `" „ created hereby la a first and prtor lien on the Properry.except tor Ilens and encumbrances set torth by Trustor in wdtin9 and ! • .� ; :-.
<br /> detivered to LenEer betore execuUon of this Deed of Truat,andthe execution and deltvery o!this Oeed of Tmstdaea notWolate any � -�
<br /> � contract or other o6ligation to which Trustor is subject ; ��.�
<br /> . . � 3.Ta�,Aussm�nta.To pay betore dettnquency all taxes,speciai assessments and ail other charges egatnst the Properry � ,.
<br /> ' � � �. now or hereatter tsvled. ; �
<br />� � . 4. tnsuranca To keep the Property insured againatdamage by flre,hazards lncluded within the term"extended�overage",and ; . ..
<br /> � � sucb other hatards fla Lender may require,tn amounts and witt►compa�niea acceptabte to LenQer,naming LendAr ae 8n add�tonal ;
<br /> • named Insured,witb toss payabfe to the LenQer.tn case of loss under such pohcies,the Lender is authorized to edjust,coUecf and � � . �• ,
<br /> � compromise,ailclalmsthereunderandshailhavetheoptiono}appiyingatlorpartottheinsuranceproceeds(i)toanyindebtednesa ; ,� ,
<br /> - secured hereby and in auch order as Lender may determine,(!i)to the Trustor to be used for the repaif or reatoratlon of the Property �
<br /> = or(8i)taranyothorpurpaseorobjectsaUstactorytoLenderwithoutaftocUngthelfenofthisDeedofTrusltorthetullamountsecured • � ..
<br /> • - hereby betqre such payment ever took place.Any appltcetion o!proceeds to indebtedness shall noi extend or postpone the due �
<br /> • '. • . date of any paymen�urtder the Note,or cure eay defauit thereunder or hereunder. ; .
<br /> • 5.Escrow.Upon written demand by Lender,Trustor shall pay to Lender,in such manner as Lendar may destgnate,autflctent ,
<br /> _= sums to enabie Lenderto payasthey become due one or more of the foitowing:(i�all taxes,assessments and other charges againat ��
<br />�� . . . the Properly,(li)the premfums on the property insurance required hereunder,and(iiq the pramlums on any mortgage Insurance '
<br /> requireA by lender. i
<br /> - • 8.M�Int�n�ne�.R�pata and Compitanes wttf�Law�.Trustor ahatl keep the PropeRy In good condiUon and repair.shali � ._
<br /> F..�: promptty repair,or reptace eny improvemsnt which may be damaged or destroyed;ahatl not commN or permit eny waste or �
<br /> 1 • deteriareUan ot the Property;ahail not remove,QemoUsh or substanUaliy elter eny of the improvementa on the Property,shall Rot
<br /> �f . � commit,suNer ot permit any act to be done in or upon the Property in vlotaUon o}any law,ordinance,or regulaUon;and shall pay and ;
<br /> •i: . ,
<br /> _f � � , prompUy discherge at Trostor's cost and expense ali Ilena,encumbrances and charges tevied,imposed or asseased against Ma j
<br /> . Property or any part thereot �
<br /> °€' � • � 7.flnln�n!Oomairt.Lender is hereby asslgned alt compensaUon,ewards,damages end otl�er payments or relief(herelnatter ; .
<br /> o�� ' � "Proceeda'�inconnecUonwithcondemnaUonorotherffik(ngotthePropertyorpanthereol,ortorconveyancelnlieuotcondemne- .
<br /> _��� � tlon.Lertdor shall be enUUed at Its opUon to commence.eppear in and prosecute in its own name any action or procgedings,and �
<br /> ��il �
<br /> _- shall elso be enUtted to make any compromiEe or setttement In connectlon with sucb taking or damage.tn the event any portlon of �
<br /> -.� • � the PropeRy is so taken or damaged,Lender shall have the opUon,in its sote and absotute discretion,to appiy atl such Proceeda, � .
<br /> � atter deductingtherefrom atl costa and expenses incuned by itin connecUon witfi auch Proceeda,upon any indebtedness seaurea � .
<br /> �� � • • hereby and in such order as Lender may determine,or to eppiy eil such Proceeda.atter such deduc8ons,to the�e3toradon o1 the �
<br /> � Proporiy upon au�f�conditiona as LenQer may detarmine.Any applicatlon ot Praceedsto indebtodness shali notextend or postpons r
<br /> -�� : � ' the due date of eny payments unQer the Note.or cure any delauit thereunder or hereund6r.Any unapplied tunda shall be pald to ,
<br />.1 ti .. Trustor.
<br />=k ��' 8.P�rformtnce br L�nQfr.Upon the�occarrenco ot an Event o!Oafault herenrtQe�,or N any ect ia taken or legal praceeding
<br /> `� � ' commortceA whioh matedally aitects Lender's interest in the Property,Lender may in ite own discreUon.bul without obtigation to do '
<br />_ ,.; ..
<br /> i,. .. • so.anA without notiee to or demand upon Trustor and without retessing Trustor irom any obtigaUon,do arry act whlch Trustor has
<br />„� ; agreed but falta to do and may also do any other act N deems necessary to ptotect tfie securlty hereo?.Trustor shail,immedietely .
<br /> upon demand therelor by tender,pay to Lender all costs and expensea incurred and sums expended by Lender in connectinn with
<br />= '� tho exerclse by Lender oithe toregoing rlghts,togother with interesither�on atthe de}auit rate provided inthe Note,which ahatl be
<br /> :��}� � � aCded to the indebtedness secured hereby. Lender shall not incur any liability because of enything it may do or omlt to do �
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