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<br /> �� : �; � �: -- .� • ` DEEb OF 3'RiJBT WiTM FUTURE/�1/A101C� ` � ` ' °�`� - __
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<br /> _ � ; '" Tf�ftS CEED OF T�U9T.is mBQ�8e ot the �17tt�ofs Jah. ,19�_.g�y dnd ls�nonQ -�� � °�-.
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<br /> �� .� , the TrustDr ' Sunrisc Exaress YnG , � - 1 , ... --�-u,,K}._
<br /> ��,�,'f ` • • 30��J �! Kaenig St , •Gread Island i�e 688Q2-1282 ;~ ''"` � �
<br /> `:,• ° whose malitng aQdre�s ta (herein'Truatnr.'whether ane or more�. - ` '� �r--�;'-
<br /> . • . . c• -
<br /> - ' ' fhaTru�eB� ` Five Aoints Bank a Nebraslca Coraoration ' �� �'"�'��.
<br /> .
<br /> , * ` ,;� � wha�e ma[ling addres9 Is P.p. Box 1507 Grand Island, HE ' 68802 . �e��•�NStee'ry.artd �`'�
<br /> ��'� �'ive Points Bank ' �.�
<br /> _ ---.-- the�netiClary. , ---
<br /> ' � whose ma[ling a+ddress is Z015 N. Broad�reil Grand Island. f�E. 68802-f5fl7 me��u�nder'?. � +��
<br /> --� � �,-'�:..,,; _ . �,; ; .! ,.
<br /> � . � FCfI VALUABLE CONSID�iATION.trtcfuding l2r.�sr's extensfon af ccedit iden�fted herein to ,
<br />�-. : ; - : T 5unrise Expresa inc . �.
<br /> �,;1; , � . (herein"Borrower",whether one or more)end the hvst herefn created ,
<br /> the receipt of which is hereby ecknowtsdged.Tnr,.�hereby irrevo�a6ly grartts,7ar�s[ers.conveys anct 2ssigns to Trastae.IN ,
<br /> � , � � TRUST.WfTHROYYEROESAt.E,torthebenefitarQdsacurityoilender.underandsubjecttothetermsandconditicnsheretnafGa�aet .. ..
<br /> • �,�� ; • , - fortl►,the ceal property.described a�btlow� . _ ;• . .
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<br /> ' _�:;w .
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<br /> ���` '. � SEE ATTACHED EXHIBIT "A" .- , � . ,
<br /> . :•� ,: � < , ` •. . : .
<br /> `r`--' .. ' ' Topethsr wltb ati bulfdings,tmptoremente.flxtures,streete alteya.Raa�aseways,eaaemente,�tpht�,PdvileQes and appurte- .`
<br /> '" �` . nanae�toc8ted therafln or in anywieo pertaininp thereto,an�the rents,lsauea ena protita.reYeretona and rematndere thereot,end - . . . •
<br /> �. ,: --_--.;_.'�- -- eucA pstaond propertyr that 1�attached to ihe lmyravemenfs no aa m caneUtute a 8xtu%InctndlnQ.but not timited to,hesUnp and _..._ --.--. __T,_
<br /> • -- �aroltn�6quipmen�andtopetherwitn-Mefiomoateadbrm�Htalintores�;ltany,wMch�nterestoareherebyteteasedand�ralvad�all — .�:
<br /> ' ' . . of wAtch,IncluCln�tept�cements and additlon9 thereto.ls hereby declared to tre o paAOf tha reat estate secured by the lien ottht9 , ;.
<br /> � , � • Qaed of Truat ertd ail 01 the foregalrtg beli�p referr¢d W hereln ea the"PrapeRy". � . •. ',i._,
<br /> .. .. . . ,;
<br /> . . Thi�0eed of 7ruat ahall secure(a)the payment of the prinalpal sum and Interest evldenced by e promisaory note ar ctedit .•''�+
<br /> • , • egreement d8ted Januar y 17t h I99� �y��g e matudry date ot Janvary• 35tA 20CU ' - .. �
<br /> �
<br /> � � . in the odgirtal principal amount of$ ��0,OGG,OG end eny and ali modi�ca�ons,extensions and renewafs ; ; � . .
<br /> � �� � thereot or thereto end any and alt(uture advances and�eadvances to Borrower(or any of them if more than onej hereunder �:.� �
<br /> • � � �-� pursuant to one or mnre prom(ssory.notes or credit agreements(herein caited"Kote'�;(b)the paymeni o!other suma advancM by r �'•--,
<br /> � . Lendertoprotectthesecu►ityottheNote:(c)thepedormanaeofallcovenantsendagreementsofTnrstorsettorthheretn;and(�alt .. •�
<br /> ' prssent and tuture tndebtedness and obliga�ons of Borrower(or any ot them(f more than one)to Lender whether direct,indirect, � . '.'Tj�,,-;,. :
<br /> , ' � absolute or conttngent and wheiheT aBsing by note,guaranry,overdr8ft o►otherwlse.The Note,this Oeed ot Trust and any and ell , �� '
<br /> otherdocuentattratsecurethe Noteor otherwise executed f�connectlon therew(th,tnctuding wtthout limitatlon guarar►tees.securtry .�,�/�.;
<br /> agreemenffi and essignments of leases and rents,shall b9 reterred to herein as the"Loan Oocuments". , �
<br /> - -� -------...---.--�: - Trustor covertants and agress with Lender as toitoxr� __ ,..
<br /> ��' . 1. Pa�t o!tnd�bt�Qnea.Aif tndebtedrres�eecured hereby shall 68 paid when due. ' � _ ,..�
<br /> � •� . , ,. . 2.Tfiti.Trustor is the owner af t�e PropeRy,has the right and authority to convey the Properry,and warranb that the lien A•
<br /> , created hereby is e ftrst and prior lien on the ProDe�.except for liens and encumbrances set forth by Trustor in writing and -y`-f'
<br /> � - � � � - � delivered to lender betare executton oithia Oeed of Yrus�and the executtan and dettvery of Mi�Oeed of Trusi does notvfofate arry � :-��
<br /> • contract or other obligation to whicA Trustor is subject ' � . _' f�.�.
<br /> _ . ' ' � 3.Tax�s„Ass�smrnto.To pay beforo Qelinquency ett taxes,special assessments�nd all other charges againstthe Praperry
<br /> ' .� � now Or hereaiter Ievied. .. .
<br /> � � • . • � � 4.tnwnrte�To keeD�e Properly tnsured against damage by fire.ha7ards inctuded witfiin the term"exter►ded coverage".and . '
<br /> suctf other herards as Lender may requlre,in amaunfs and with campaniea accepffibte to Lender,naming Lender asan additional . .
<br /> • � � �- - � name0 insured,witt�ioss payabte to the Lender.in case of bss under suci�poHcies,the Lender is suthorized to ad�us4 coltect end I, .'�
<br /> - ,' • , compromise,allclaimsfheraunderartdshallhavetheopUonotapplyingallorpartoltheinsuraneeproceeds(�toanyindabtedness � �
<br /> " . . secured hereby and to sacA order as LendSr may determine,(ii)to the Trustor to be used for the repair or restoraUon otfhe Property ��'"•
<br /> � � ar(tii�toranyothetpurposeorobjectsaUstaCLOrytoLenderwithoutaftectingthelienofthfs0eedolTrusttorthetullamountsecured � �
<br /> � � •. hereby betore sucb paymert ever took pface.Arry appiication o1 prcceeds to indebtedness shall no!extend or po51pon9 the due
<br />�. � date of ar►y paymenla under the Note.or cure arry dsfautt thereunder or hereurtder. i . .
<br /> -� � 5. Eiuo�.Upon written demand by Lender.Trustor shall pay to Lender.in such manner ea Lender may des�gnat�sufRCient
<br /> . -�' ' . sums to enabtv Lender to pay asthey become due one or more o1 the foltowing:(�all taxes,assessmenb and other charges against � • ,
<br />� . • • the Property,p�tha premiums on the property insurance required hereunder.and(iii�the premtums on any moRgage it�suranCe
<br /> , required by lsnder. � �
<br /> �( ' • 6. MslnMnanc�,Rfpain and Compflmu with Laws.Trustor shall keep the Property,in good cortdEUon end�epalr,shail �.
<br /> '�#. .� , .� • promptty repair.or repface any imprmrement whfch may be damaged or destroyed;sAail no!commlt or pertnit any wasta or { �
<br /> `! detertoraUon of tlfe Propertyr,shall not remove.Qemolish or aubstantlaity after eny ot the imprwements on the PropeRyr,shafl nat ;
<br /> � .� , - commitsufterorpermitanyacttobedoneinoruponthePropertyinvlotaUOnofanytaw,ordinence,orregutaUon;andshallpayand ;� �
<br /> promptfy discharge at Trustora cost ana expense a11 ilens,encumbrances and charges levted.imposed or assessed 8gains!the �
<br /> - �� � . ; Properiy or any part thereof. i •
<br /> � ' 7. EiNnsnt OocnaU.Lender la hereby asslgned all compensaUOn,awards,damages and otAs�payments a retlef{hereinafter •
<br /> � .- �• "Proceeda'�tn connectton wittf condemnatlon or otherfaking of the P�operry or partthereol,or for eonvayance in lieu of condemna• . •
<br /> ' � � tlon.Lender sAail be er�tttle0 at ib optlon to commence,eppear in and prosecuts In its own name arry a�tlon or prcceedings.and . .
<br /> �'�� ' - •- sriall efso De enUQeO to make arry compromise or seWement in conrtectfon with such tstcirtg or dan�age In the snrent eny poRion ot ..
<br />- � thePropeRy is sn taken ar domeged.lender shaii have the optiun.in ib sote and ebsotute disc�eUon,to apAI1►at�sucA Proceeds. . �
<br />_ � : � • afterdeducUngther�ir6mallcostsandexpensesincurtedbyltinconnecttarrwlthsuchProceeds.uDOnanyttndetttednesseecured �
<br />- hereby and in sucb orQer as Lender may detem�lrte.or to appty all eucb Prac�ed�,etter such deducttans.to 4ha�estoratlort of the �
<br /> � � Praperty upar►sucb condiUone as Lesder may determine.MyapplfcaUon ot Proceedsto indebtedrtossa�ail not extend or pastpona .
<br /> • .� ; ' . tne duedate ot eny payments urtdar the Note.or cure any detault thereunder or hereurtder.Any urtapplfed tunds shall be pald to ' �
<br /> �� ' . Tnistor.
<br /> - 8.WAotrt�tc�by L�nda.Upon the oceurrence ot�n Evern o/Qefault heraunder.or if any ect te taken or Iega1 proeeeding
<br /> ' oommenced whtch nLateriaity effects Lenders Interaat Inthe ProAerty.Lander mssy in ib own discreUon,butv�ithout obltga8on todo
<br /> ' � so,artd without notice to or demand upon Trusior and wilf�out re(aasing TrusOOr ftom arry obtiga�on,do any act wAteA Trusmr Aas
<br /> -. -. - -- ' agread but fails tu Qo and may also db erry other act tt deems necessary to proLect th�seCUrity heteof.7rustor ahail,tmmedlatery ' � �
<br /> ' ' upondemandtheretorbyLender.paytoLendarallcostsandexpensesincurtedan0sumsexpendedbyLenderinconnectlonwltA • ,
<br /> � T� • theexercisebyLenderotthetaregoinghghm.wgetherwithfiterestthereonatthedefaultr6teprovldedinthaHota.whtchsha8be
<br /> . ' • added to the irtdeOteQness secured heretry. Lende►atisll not incur arry Ua�iliry becaus�a1 anytriing i�may do or omit W do
<br /> . . AereunQer. � • .
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