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<br /> , . � � � � �OM� L�l11YY!!N�eQGl�EEtVtEI'� � ' : _
<br /> _ . TRaJ�� DEEQ ' . �' , ` —
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<br /> ' • � : TFllS TRUSF dSED.made tlus 26th day of San�Y .t8 95 .bY���¢ng the Trustor. Gnn� J ' . ,' -
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<br /> � • [4atkias and Boneita P: t,tatkins husban3 and �aife , � . �. °x:
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<br /> . � therein"Borrower'). �:
<br /> ., . ;.`�.`' 22Q7 t�ioodridae Fane. Grand Island. Nebsaska b8802 . '. ` . �
<br /> . .' , whoSa matiing.tsdEtess is - -- — .
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<br /> — _ - , and�rsTier._ ' �a�Nebraska - . — .Ehere[n'Tnucea'l.and tAa , _�
<br />��1 ,... , ` � Banafcclary.FtsTier ��3r NP.bxaska .whosemailingaddressis I700 N Fasna�lt S�treete — � ' '
<br /> � OmaYea, Nebsaska 681Q2 (harein�LBRd@i�►. . '� ' , ,
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<br /> f � gORROWER,in considaration of the indbbtedness herein recsived and tRe uust Rorein created,f�revocabty gr�ets.vansters,comreys aad ass�gns to� • � � ',;x �;'
<br /> '.' , , . Trustea.In TRUST.1NiTH POUVEH OF SALE.the foIIOwing describad property.tocated in Hall Counry.Nebraska `, '« � ;�,3_��_
<br /> ^ 4, �• .. Lat 2+�venty-eight (28). BZock One tZ?. Brentwood Subdivision, Citp of Grand Island, �. �<r' ,,� �:
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<br /> r{ ,; � _ �• Hall. County, Hebraska. . `r.:_-�-'_-_-
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<br /> _ TOt3ETHER witA all bui(dingq,fexiuras,improvemonts and appurtenances now or hereaftar eractad thareon and aR rights�ot-way,oas�monts,rents, �
<br />— � � � �issuas,profits,incomo.tenements,heroditaments,priviteges,appurtenances,royaftios,and mirteral.oil,gas and water rights tharvunto baTongiag.used �. "�:,
<br /> • ""-- � � or enjoyed�vith said tand or any part thereof,alt of which.icecluding reptacements and additiona thoreto ahait be deamad to ba and rcmain a part of ?r.��.n
<br /> ' Ma property coverod by tAis 7rust Ce a d;a n d e i!o f t he torego ing tago ffier wi t h e a i E p ro D o rt y a r o h e r e i n r a t o r r e d t o a e t h a'Pro po c t y. _„�- .
<br /> TO SECURE to Landor the repaymont o!indabtednoss ovidonced by Borrower'e Homo E�rity Lino Loan Agreement and Home E�uity Nato dated '
<br /> � � • ��y(L,19$,.S •togethar with any and all rarewets,modiRaation9.and axter�sions thereof and euLstitutior�s or exchanges.therofor '. . '--�
<br /> '' • � Iherom tho'Yoto'1 in Mo maxlmum pdncipal sum outatanding et any ona tlma of 9 66.002,o0 .togetAer with interest at tt�o rato _.
<br /> r� �� • �- • z proviEed d�areiib witb a final maturity,it nos sooner pad,ot _JanU�L]�26 .�4C�QQ.Q�d as security for any future advences that may -
<br /> � � ba maQo by tho Lender to the Borrower from tima to time and e9 security for tha paymont ot any and all othar indebtednes9 of tho Borrower to the, . � .
<br /> . ' ' >y tonder whicA may arise,aii ot eatd aums not to exce¢d in the aggregato a sum oQval to three timea tha original principaf amount ot tho Note. For � ' �°.� .
<br /> ' : . ` , pu�ose9 0:tha ltome Equity line Loan AgteemenL para9reptw 2.3,4,5 and 11 balow shall ba daemed covenants relnting to the Property. .
<br /> :x • ' .
<br /> � BORROWER covenants tAat ttf9 Bwrower i9lawfulry seized ot tha Proparty horeby convoYOd and has tho rigAt to gtant a�d com0y tha ProDerty,that ' , .
<br /> tho Rroporry is unoncumbored by any moRgago,irust doea,conuaot to purchase or othorwisa.except fo►a NA
<br /> �' .. - " in tavo�ot D7�1 i __ •
<br /> -- ? � � on wAic t e unpaid ha►artco on Ws date does not axceed 3 NA . Tho Borrower covenants to comply witfi all tl�o torms o�d � . _ �
<br /> � • � prov�sions ot any prior martgage, trust deed or ceetract to purchase upon the Propoety and to mate sli payments thureon boforo thay becomo ( � ,•
<br /> � detinQuent. If no namo or amount ia insertes in this pataglaph,tAen tAe Borrower eovenants that thore aro no pdor lions or encumfatance9 ot any Iund � �
<br /> }�y • . � - upon tho Property. TAo Bonower turthor covenants 20+narrant and datend tha tiUe to tAe Proporty against all ctalms and demareds. • ,
<br /> � � � - T1u Bcrrowar artd tho Londar furtAoT covonant and ograo a9 foliow9: f � ..
<br /> '* � � 1. The Borrovror shaH prompUy pay wAen duo tha.Drincip�and inierest on the indobtadnoss ovidonced by tho Noto. � .
<br /> ' • ' . 2. At Ieast ton days 6otore they becomo dolinquant. Borrower sAa11 pay el1 taxos and special assessmonts tovied ur assossad egainst the � . .
<br /> ' �'„ ProyertY,or any part thar6of,mnl al)taxas,lov+as 2nd assassmanta loviod upon Nis Trust Oood or tho dabt whicM1 it socuros.
<br /> , ' ' � 3. TAo eorrower sAatl keep the imyrovemerrts and buitdiags,it any,uport the Prdperiy insuraA,v�ith a cortWany or companios appcoved Dy the •• �.
<br /> �s . - ' LoaQor,tor an amount not tes9 Met+tho unpaid batance on tAa inEebtednoas eecurad by this Trust Oaed witA a standard mor�qago clause .
<br /> � . • . witA toss p5}rabto to tAO lon3ar. Tha Borrowoi eh�il deliver sald Dolicy or poliCio9 to tho lendot. .
<br /> . tn tho ovent of a loss,tho Botrohret ehalty�ivo prorttpt�notice to the insuranco carnar and tRa tonder ertd fila a praof ot los9. It the Borrowor is not , � �
<br /> othsrwnso in dofauf4 the Bdrrovrer.mey etect to apply tho insurenco procooda to toDair or replaco tha Eunagad Property,if economicatly foasi6ta,and
<br /> � � , tho soeuriry o!tnis Trust OoeG wautd�ot�0 imyaitod. (f tha Horrowor is in dotautt or otoats not to ropaft or rcptaeo the damaged Proporty or repafr
<br /> • or�eptecemant would not ocortomically foasiCto ot tho accurity at thia Trust Qaad woufd bo imyalrad thqn tAo insuranco P�oceeds shali be appt�ed to .
<br /> � , the Iast m�tunng payments duo on tAe Noto. If tha insuranao proceeQs aro in excoss oi tTfa tota!'umovnt due oh said Note,ths oxtoss'shaU bo paid �
<br /> •�� • tu the Borrawor. Insuranco procaedo for raanir or roplacamont aRal}bo ptaond in escrovr with the lendnr ond dis6ursed by the Londer dunng or upon
<br /> �• • . cmrfplotion of such rop�tr or roDtacomont. It th�Londor ac�uiros tiUo to tho Prcporty by exercising its powor of salo,foractosuro or othorw�sv,in .
<br /> , . ' snUstaction of No inQoLtednoss securod h�roby.in whoto or in part,then ett rig�e,titte end interost of the Borrowar in and to sucb insuranco poticy .
<br /> -• --:-- _ -- -. - or po�icias sAati pass to tho lenQor. ,
<br /> . 4. Tho Bortowar etuill koep tho.P�operty in gaod rapair a�shaU not comrttit wasta or pormit impa�rmont or doturioralion of the Pro9orty. �
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