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<br /> � ^ s�` TH�SDFID OFTRUSTis made N/s day ot Januarv .19 9 bY andr�enveen��s F. � s ' . �
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<br /> - ____ . � Hutmacher, Hnsband aad Wife whether one ar mare;(nerefisfter ca►ted tne"Tiust�Pl. �o ,
<br /> —__ ���g8d��s p O Boa lOb Mead NE 68041 � • - � _
<br /> � NOffwESTBANK ftebraska IJational Assoeiation (herehrafarca�edtlra"1hr�'7.�vhasema�'urgeddressis , �;,_. :
<br />- — . ,• : - 1[�9 v_ Third rand Island,_�,andNORWE5lBA1VK ;:ebraska„ National Association ,(herefietter , ._.�,:_
<br /> _ • • calledths�r�ct�yy,Hd,aseararl'u,gaddressts 3.42 W. Third, Grand.Island. NE 68801 . � .
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<br /> • • W1TruE5SE7ik #� �- . _.
<br /> --� . � !F THIS BOX lSCHECXED�THiS DF�D OF TRl►STCONSTIT(JiESA CONSTRUCTIONSECURITYAGR�4fENT UNDFR THEN�RASNA , �.;._,
<br /> ,. c,•-.:.�.•..iri•- C01V5TRULTfONL1ENACf AND CR�JITESi(iRANlS AND CONS7RlITES A CONS7RUCIlON S£CURil1'lNTEREST/N TNE PROPERIV .
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<br /> ._... . --- --OE5CR19EDHBtE1N8FL8"11l-. - --- . . . . . . ._. _. ...--. - .---.- -. _ . _._.. ..., _
<br /> r;; . SEVENTY-EIGET THOUSAND FOIIR HUNDRED�ANYf-I3CJylOD�-- - �,
<br /> � ,:..� ��."',' WHFREAS TnuLOr ls htdebfed t�Beneficfary/n fAe ArlrtGpalsum af , ..
<br /> -_ . ... ' '. Dollars(S 78.400.00 t whlrl�1ndeDtadness ts evlderroed tr�Trustols prvmissory note dated Jsnuarv 30 ,1s 9S .[hetatnaRer . �;'���
<br /> ?� . . �;,=• calfed the Nate'�payabte ro the order of BendfcJary snd havbrg e maturfry ol Feb�t9 1 , 7�00 • , . "•7-.
<br /> — '°°- �.-..-.�. NOM THFAElOR�far the p�uposa ofaecuda� • `_. `
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<br />=* ' � (el PBY��the NotQ loget/rerwtd�Grie�est thereon,late charges�P�F�g�Pena►BeA enYluhrrs edl�ances�eae sll eirtenstonst moCiRCa�onst ��� J �
<br /> �—".�,.' , . s►�h�tlars snd ranewa/.s there�
<br /> �_. . ..., , (b)PeYmeM al a11 other samst fees oreher$�st ro9ethg►wlth irrtemst theraon,aWancad m pmtect the securftY ol NIs O�eeO ol Trust and the pertarmsnce ,.• •;.
<br /> - af tlre caensrna end agraements of Tiusta,whstlrerarrot set IoAh hereir►, : > �
<br /> _- '. (c)penbmrancd dlsche�pe al and compllanca w!N eHCry tortn.caenanb a011geUon and egreemerrt of Trusror conte/ned heraln or lnco�p+oratad by �• � �.
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<br /> . • rafarance or any oUra►securlty Insdumem et errytlme ghen to secur�Me Note�and a►.. :
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<br /> �_. .. . (�M�rap8ym8rR ole11 oUre�sums a luture a�rtcest witAimerest thereon,vil�fch may Aefetofola heve been ar hereeftarbe atlbanoedby Berr�ldary to . �-�,
<br /> -- �. .. : , , fl u s i D r w Tru s t ors successor fi Irrterest or 6 t l e� ...
<br /> _ . e0o1 whkh/a her8btafter coBeCthely ca0ed the"Indn6�dness;LusGO�(rtewcaby gr8nts and Cansfers to Trusmet ln trusG WJTH FON/EA OF SAL.�the . ��j`�
<br /> ' • � �����p�m'' See Attached Exhibit "A" _. �r'
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<br />�=; � � • togethat wifA(q aU 6u(fd'mgst sbueturest edd'�fonst enlargemen�m,od'dicffilons�repa�►s.rcPlacemerK�snd lmpmusmet�now o�heraa![er focated thereon. ;� .: j,��,�:
<br /> ,_�;`.r '' . M e0 equlpmer�machlnery and Jhrddes(!ac(udin�wlthout limfmtfon.a0lightlng,heat/ng,vermlatlng,coolarg,aU canditlonfng,sprinkling and plumbfng �:�,.
<br /> �;;.,i. . •�� 1Gmoast wffier end Qa�er systams�enBlnesL bolfer.�rangeA avens�drshsvasherst rnJnors end mernels,carpeting,fumaces,oil bvmers,eleva.�o�s and • . .
<br /> '" ' • motaat rehlge�aYon plm�ta a un1tS cammunicaUon systems,dynamosl aansforme►&elearlcal equlPmer�smrtn and screen wfndows�door&awnings and • .
<br />-�'� '':'`'�` sAa�es)naw arhereafmr mmched tat wbrrlRin.any buildinglmprovememorimpfaemeMnow or heresRerlocated fhereon,Ql�aU easemaMS arM dgAts af ; '
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<br />—i,'�� - w�y appnrmnant thereta(!h aU►feaseholdesmt�d�tr71e snd Imerast af Tiasto�/n and to all feases.whether naw orhereafa�eadstlng or entered Irrto �
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<br /> —r - . (Utcludr�g,widsout Gmlmtlon,alf cash and secu►itY daPositat advance rernals and deposlts or paymerns ol a simHa�naturel.Pe►ta/ning thereml(v)all ra� ."
<br /> �': ' /ssuas,profits and Incams therafmm(saDJect to the RgMof Tiustar to collect and ePPN such rent�lssue�Pmhts and lncoma as Uiey become due and -� . '; ; • . -
<br />_ — • - p a y a b l e so l o ng es no evamol dala�fl exlsts Aeraun d e�.(v�aUiayultleA mineral,oparrd gas dghts and profitst rrami wflter►lflf►f�and water stock fvl�)a/f , �,� . i
<br /> - - taaeme�h o r e d i t a men t s t pr l v U e g o s an d app u rt e n a rt c e s belon g i n g,used or en J a y e dln connectlon tl�erewith,and tylii)all pmceeds of converslon,valuMmy ��►�•,`'
<br /> � • • . or fmroluntaryt af any of the foregoinglnto cash artiquidated Ga/ms pnGuding,wlthoK IlmirzlMn,pmceeds ollnsurance and condemrtatlon awaNs),all of , �` •. �
<br /> � �� ; . which�s here/neRei co0acthe►y cal/ed the"Tiust Property: .. ,
<br /> - • , r,:_ TO PRQJECT THE SECURI7YOF 7HIS OffD OF TRUSI,TRUSIOR COVENAN75 ANO AGREES AS FOl10WS _
<br /> ���`''W�, f Trt/F�7tusta ca�ena�wa�►ant9 8nd e�ees wflh BeneBGary,ita successora and essfgn�►het Titrsmr avns tAe Ttust Properry hee ham a�r p�lor lien . .
<br /> ��r , . • or encumbrancd U�af lhls Deed o!Trtrs!!s and w1U rema(n e vaUd and cr.forCBSble Nrstllen an the Tiust Properry,thai Trusro�et its expens�vd11 .. �
<br /> _�, . : ptesen�e such tNle and wlll malntaln fhi9 Oeed ol Tiust a9 a Ni518nd pa�amount f,'en upon the Troct Pmpe►ty end wlll forever wa►rant snd defand the . � .
<br /> � = � . vaRd'iry snd ptlo�ity o!fhe Ilen hereM agalnst Ne Ga/ms of alf pe�sons and pa�tles whomsee�er.Tiusror,at lts e�ense�will cause thls Deed ot lYusl,
<br /> - � � ' ��'� and eacb amendmem or supplement Aereto�to De l�led and recor�ded es e mor(gage of the Trust Properry!n such manne�end in such place sn�will .
<br />--== • �. �,�� talc�sueh a�on ea fi Ne opUUoa o1 Tiustee may be requUed by any prasent or future lew!n o�er[o pe�tect,malntaln and pmtect tha lien ol fh/s Oeed � • �
<br /> �� � � , of Aus�es the same may be smenCed or suppleme�d from tlme to dma Trustor vii11 make such lurthe►essu►anca or assmanees M perlect its tRle to :
<br />- . . the 1Fust P�operly as may be requ/re0 by Bene!lGary.Tiustor hereby rallnquishes a0 dght of dawar and�omestead!n and to fhe Tiust PmpeAy.
<br /> --- � 2 Paymem W Indebmdnes�fitstor shaU Pu►r+�ratf�+PBY the p�InGAa1 of end Interest on the/ndebtedness secured hereb}+. �
<br /> - '�,� 3 Co►rspuctlpn o!/mprawments Tlustar sAal!complem!n good and woAm+anlike manner any b�iJdinga lmprovements o►repal�a rela8ng fhereto whlch .
<br /> , . �- : mty 6B begun on the Dust Propa�ty or oontemplafed Oy tha loan evtdertCed by the No:e seculed hereby,to pay when due af!casts a►rd liabi�tles . .
<br /> � ficufred fharefotet and not to permlt ary consaucUOn Den sgalnsf sucf►4ust Proper�C!n rho u+ent consbuctlon ot buitdirtgst�mprwements o�repalrs ,.
<br /> -- ' are eantempfated.lfusro�also egrae�,a�Hth9rtg h►fhls Oeea d Tieut to tha conbary noM�fNsmndirrg:!a)m Pmmpty commence any auch work r►nd ro
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<br /> . comA►ete fh9 P�Sed lmAra�emerrta P�mPUI:!bJ to onmplate Me same In sooa�dance wtfh the Plens end speCHicaUon9 es ePAmved by Beneflclary.
<br />_��" �:���. (e)to campfy w1tA8/l N9 temts oi a Duilding(oan a�eement,N any,beM�een Ttus+o�end BsneflGary.the terms ol whlch are Incmporated herein by ' '.
<br /> ���,:�;:_,;-� �� , r�rce snd made a part heleol,(�to ellow Benel;ciary to Insyed the Trost Pmperry ai a0 Gmes dunng consducUon,and(e)to raplaco erryr viork or • .
<br /> �° : v mat�dals unsaUsfacfiry ro Bea�elary wRhln frRaen ry5)days efmr wdtten notice Irom BeneflGary W sucA lad. . .
<br /> 1� ; '� � 4 FunCs for Peymsnt of Charges SuD(ect to sppWCeble lAw er ro e written waNerby Benelidaryt Trustor sha0 pay to Benelic(ary on the Iirst day of each '
<br />�,;.. . . .
<br /> „ - mo r M►,or such o(Aer datn oacAmonth es ns a y loe a p e c l Red by BenefrGarys untr7 8reln0e6tedness!s pttld fn fi,D;a sum(heralnaf:er celled the"Funds I � t . . ,
<br /> ��.,. � .. . epus!to 1/12th ol Ute yB81ry mxes and asseasments vih/ch m8y sttaln pdodty over Ws Deed of Tnist 8nd ground f8t�ts on the trust P�opa�y+.il any.P/us • .
<br /> • ' 1/121h o!tha yeary premfum insmlfinents for hBZeNlnsuranc�t plus t/12th of the yeady premlum instal/menb for marfgrlge lnsuranca H any,elt as •
<br />:�__'_ ..• r8asonably esUmamd U�itlaly end hom tlma ro Lme by BeneftGary on th9 basis of as�ssmems and bil/s snd raasonebs esUmafes thercol.fie Funds � . . :
<br /> . � ahap be held In an Insti6rtlon,(he depos8a or sccounts of wAlch ar�insutaAOr guarturte�d by a federal or srdta egeney lnclu�ing 8eneficlary. F . ,
<br />-:��-:�•.... . �� . Beneficlary shed appJy the FunOs(o pay S8/d t8xest assessme�R Insutanee premlums snsgmnnd tetKS Beneficiary sh8li r+ot 6e requUe�to pay �.
<br /> -- • • Trustor any Uueresf aream/ngs on fhe fimds Benaficiary shalf ghre to Tlusfor wiUrout charg�en annual eccoun�ng o!tha Fwds ahowing credrts and � . ,
<br /> ' � � debfts co the Funds an0 the pmpose fa whlch esch deblt ro the Wrrds vras mada fie Funds ers p'sdged as addiUOnal secrntty lo�rAe Irtdebfadness � �
<br /> ' • � seeraed tr�this Deed ol 7)ust l/the amaunf W the Fwds hsld by 89��aryt togetho►viith the future monthlylnstallments of Fund9 peyable pda�to
<br /> the dua dates aJ taams,assessmerrt�lnsuranca p�emlums and ground rents�sha/l exeeed rhe amowt�equfred ro pay sald taxes,assessment4 . .
<br /> � c ', � Insu�anre premlums and ground rants as they fall due�sucA e�acess aha0 be�st Tiusrols opUarr,eitAer prompNy repatd ro Trustor or crediaa ro Trusror .
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