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<br /> F.11 Ot�7'Tlll57',irj mndu .►a uf the 6Ch._.<i�.�y uf' Piaxch __ 19.�._,by and among li
<br /> ti,':;�,::��..:� ;.;. I� 'PHI�a' I)r:, �; _
<br /> -.`�l-"4r�.°�>'.�.�5� `• • • •� Ronnld I.. 2ook and Fronceno K. 2oo{c ('"1'ruetor'7, W}109C i11Ali1Rf�' A(�[�Yf8E3 IB I� I ;�:�:;
<br /> . � 1728 Car?nnri, Grand Ifll�nd, NE 6f1t101 : " � i
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<br />-`;':���t{�.(rF��r �v �� Cxeg Mehxing. RE/rlAX Rat�lxy Spcciali�tt:e ("'1'ruet.ee"), whuse mtiilin�; address is i
<br /> -' • �-•;�+-"� � ?.925 Wec�t SColl�y Par�:. Grnnd I�l�nd. NE 68801 � li - �'''�"�J�`
<br /> ,�`�*=�-�•-`'' i Eift� W:ll�.nrd W. CRnt.in nnd Lucille F. Cantin i"1�eneficiury") whos�mailing addreas is �i „ � �
<br /> ��`�,.�.{F�,��`,�. � 222Q Weot Divi:��on, Grnnd Islnnd, NG 68801 • � '
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<br /> � . ' i F�'�Ia VEII.UABI.E Cl)N."5I1)I:RA'l'ION,'lYuat���irrevocuUly tranefers,conveys and assi�ns to'Ilustce, IN i
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<br /> �I 'f't�.�J aT,WITEI P0�411:}t nH SALI:, for the benefit and t;ecuiity uf Beneficiary,under and eubje�ct to the terms !�
<br /> , , Grand Island Countyof � ,
<br /> an c4��itionr�uf thiG ll�xi of 7�uat,the retil p►vpciK.y locuted in the C,`ity of � I T. ., . ,.. .
<br /> I �t+� _StAtc�of NQb�•aeka,�nd lef;nll,y described us followa(the"F'roperty'): � , _
<br /> .I _ I :°',a5:��t�,:_?.,�r,.•}� .
<br /> The Narciiarly 22 fec:i. af Lo� �. L�ocl; 54� Orisinal Town, now City of, II -„�«:,Y`.'i:;r�.:�',
<br /> Grand Ialand� Hall CounCy, Nebraska
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<br /> _ , I• COrQIONI,Y KNOWN AS: 212 North Wheeler, Grand Island, NE 688Q1 (I � =,F;,;:-�:�_ _
<br /> ` . I I TUC:E'1'HER 1�VITH, all rents, e��;ementN, a}�purtenances, heredit�unents, interesta in adjoininb roade, �I 4?;5 y,,��� -
<br /> - --_ ,� �I atxeetsand�lleys,impm�•esnonts�indbuilclin�yof,�nylundsitu:�tedthereonundallpersonalpropertythatmay I �;. :,;''�-�-----°�-
<br /> - •i ho or heiroflfterbecom�an inte�,*�al part of such buildinRs atnd improvements,all crops raiaed thereon,and all II ti "';Y�,��_==-_-^
<br /> ;. i 'I wutQrright�. II "���-+:~ -
<br /> � � m} *►- .....+. .,nrl thr�iltirn�ytsttF�:n,d int��iv�r:t�•unv��vFd t.�the'l�ustee are referred to collectively aB the ''`'' �
<br /> .. 'I 11tC t L�iNuuj...... . - . - �i . ', w'- "� -� �..- _
<br />' .. • � "Truat E�tat.�". � � .
<br /> P�ox Tt-!�; Pur.tPOSN.�F SGCURIN�: I �`;
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<br /> .� d��$l�0� QOi ��R��r
<br /> ,• a. Payment of indebtnes,iii the tutul piv�ciE�iil amount of$ _Lo.ur Tho�G n � ,t�. H�m r t , ,i:
<br /> I thereon. Qe evidenced by that certain proniissur>> nut� of evett date� (i.he"1`TOte") with a maturity date of � _ ��_
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<br /> � '"' ' Auril 1, 1997 , executecl by'l'ruHt»r,which hus been delivered und is payable to the order of I �.;�• '=
<br /> ' t t. i...a t..........:. 1����•�.lu����rIN ., ,�,r► hNrnnf :�nr��ny and all modifiCations,exten. ,
<br /> � .. --' �tjy ; I I�eneuc:iury� tlii�wtdl.tt u� ot'iiv avwwaa... .:. , -^i---" ' ' II
<br /> aione and renewals tkiereof,and y I ����
<br /> • . i b.Pay►nent of all eums advfinced Uy Benefici:u•,y to pr�rtect the 1'ruat Estute,with interest thereon attherate
<br /> � :;;,� � of ni,n�and onn hal�;n�cr�ttt( 9.5 ^6)per annuni. I
<br /> �..��i.;.�ir;:,'. . .
<br />, ; � �I '1'hia Deeci of Trust,the.vuf,r,�u�d any ucher i►�.t��ament�,�iven to evidence or further.secm�ethepayment�nd
<br /> " � perfoimrince of cuiy obligativn aecured hereb���ur refrrred to collectively a� the"Loan �netrumenta". _
<br />`�''-�+'� �•��• � � '� '1'O PR(Y!'EC7"I'HE SF:CURI'1'Y OF'I'HIS nF.LD OF TRIJST: I
<br /> . ,.. .�, �` 1. PAYb1LNT Ol�INI)1:B'CLDI�RSS. 'CruNtur wh;�ll puy when due thc princiE��l of, und the intereet on, the �,,
<br /> � • � indubtaduese evidenced by the Nute, churF;eti,feeN iuid ull uther aumK us provided in the Loun In�truments. I ��:'�,'q
<br /> . ' � '� �...�.. �^ --
<br /> � 2.TAX�S.Trustorshi�I1 pay��iich instnlLnent uf aU tuxiw:uid Npcei:�l iinaer;aments uf every kind,no�v orhereafter ?�;;.;;,� ---- ,� '
<br /> r:° � ' leviad u�ainxt the Trust�skite or nny purt thcrcuf,befure delin ucncp,�vithout notice ordemund,nnd ahnll provide .,
<br /> ,c�._.,._... , . 1` y `;..:,,,.. l '—
<br /> � � Bone�icinry«i2h evidence of the p:iyment of:�a�me. 1'ruNtur tihiill pa�all taxea and nsKeKxmenta which may be levied �� ,.,,�„ ,. ��-
<br /> ' � � 1' " �� upon Beneficinry's interest herein or upon thi�I)eed of'I'ruµt or the debt Herured h�reby,withuut reRard to any luw that I ,�,''`��"t''-
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<br /> • `.;",";,:'�s.;',�, ' � ' may be enacted impusinF p:i�ment of the wh��l�nr„nv pnrt thereof ttpun the Kene�¢iary. � i�.-.:�-..��..,
<br /> � �'yM" �I 3. II�SURA�NC�ANI)KEYAIHS. 'I'ruHturyhull mnintuin fire und nutextendedcoveraueinsurunceineurin�the I ` ��-:• V�r ��^'�::t; a.^:
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<br /> = ' , � '•�� : 1, improvemonis and buildin�:b constitutin� purt uf the 7'ruyt h:xtal.e fur un amount no lea+t thun the amount of the � ,�, �,,�,
<br /> �;• I unp:.�id�rineipalbalanceoftheNoteecu-in�ur:�ncenntexcer,dintiND".�permitted). �uchineurancepalicyshullcontuin � �� '.'����,�:y.
<br /> nstandurdmortfia�eclnusc in fnvorofBen��Cciury��nd vh��ll nul.bc ci+iicrlluble,terminubleormodiifiablewithoutten ;i ��
<br /> _ _ ��r' . � I (�0)dsye prior written no�ire to f3eneticiiiry. 't'ruatur vhiill prumpNv i•epuir,muintuin snd replace the Truet Esti�teor
<br /> � nny part thoreof su thut,F��cept f��rm•di�i+u•p wrar:�nd tc,u•.the•r�•�xc r;�tute tihall notdetcriornte. In noeventshall the
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<br /> - - , ` I T�uetoc commit wudte on ur to thc,'Cruyt I'.�;t,�tc•. ��
<br /> _ 4. ACTIONS AI�FEC9'ING 'I'RU5T h;S'1'A'PI�:. 'I'�vswr 4h;iU appeur in und contest unv action or proceedin�; ,�
<br /> ' . ; . I purporting to nffect the security hc<<�uf ur th��riphts��r puwor�uf 13eneficiiiry or'I'ruslee,und shull pny all coets and „ �
<br /> � espenaea,includin�c eost of c�•idence uf title und ulturnev'�fee�,in:in��:+uc�h uctiun ur proceedin�in which Benefieiary I
<br /> I or'l'rtujtee mny nppenr. Should'Trutitor f.xil tu n�uk� ;uiv puvment ur tu du any act aK and in the manner providod in �
<br /> uny of tha Loun Inetrumcnts,I3enefici:+ry+ind;�u•'1'rustee,eitcli in ita uwn dibcree,iun,without uh�igation so Lo do and I �
<br />--: � j w{Chout notiae tu ur demand upon'1'ruetnr;ind witliuut rrlcuain�;'1'ruetor frc�m uny obli�;ation,mny make ordo the
<br /> I sume in aueh�nunner�ncl k�such extent us cither mny deem nece�aary to protect the aecurity hereof.TruHtorehall, I
<br /> �� immedintal,y upon demand therefor by 13enet'iciury,pay�all coate and expenHes incu��red by Beneficiary in connectiun
<br /> I �vith thu e�:or;:ise by Ueneficiury of the fore�;��inE�riF;hta,includin�; withnut limitut,ion coste of evidence of title,court � �
<br /> � costd,appr�ieple,eurveyF nnd uttorney's feee. Any�uch co�ta und expeneew not puid�vithin ten(10)days of written
<br /> • � � dumand ehall draw intn:re.: at thc defnult ritte prnvidud in thc Note. �
<br /> ' �"� II 6. EMINEN'C bOM1tIN. Should the'hvst!s'Htate,or any piu�t thereuf c�r entereat therein,be taken or dnmaged by ' ,.
<br /> '' �' rFason of any publiC innprovement or cundemns�tiun prucee�Gn�:,ur in any other mnnner incluciin�deeci in lieu of Condem-
<br /> � I nation("Condem�iution"),ur Hhould Trustor rerive uny notice orotherinf+�rmution re�;urdingnur,h proceedinq,'I�vstor ahull
<br /> � l Qive prompt writtc>n noLice thercnf to Heneficiiu•y. lieneftcitu•y yhnll be entitled to all com�en�ation.awarde and other pny- , ,
<br /> ' --='=u� --�...._i:..c.w......r........a..ti..att..,...,�;A�lu�ifu..nfinntn�•nm�nanrn nnn�,�rin:mdnravecuteinitsownnumeanYuction �
<br /> -_._:,��_ ,a�-:----_..__- wc„ao.,.,�„-...a.........................__------------�-•---�- ------ .
<br />—�' � _ I or proceetiinge. Beneficiury Kh�ill ulno Ix entilled M miike+�ny compromiHC or r;ettlement in connection�vith�uch taking or I - �
<br /> � I I dumt�e. All euch com�mndi+tiun,:twiird�,dntnn�toH,rit:hte nf rictYOn imd pmr.eede S�vardcx!to'Il�ustar(the"Prooeede")are '
<br /> _ ,, ����by,�xvianerl to I3enr.iiciurv und'!l•uHGm uwmcv to oxecute auch further asai�;nmenta of the Ymce�de ae Beneficinry or , I
<br /> _ � .� � ;l '1'rustee may require. .
<br /> - , 6. Al'YOIN'PMGNT Or 5UCCIsSSOIZ'1'I�US'I'H:}:. Beneficiurv muv. I'rum time to timc,My a written inytrument '= .
<br /> � �I executeti and aclmowlecir;ed by Bene�ficiury,�nail�Ki tn'I'ruxtnr nnd Itecorded in the County in which the Trudt Estute i�
<br />�"' �� locatc�d t►nd by otherwise cumplyinyi with thi�p���rviHiona uf the npvlicnhle Inw oftheSt ute uf Nebr�+�ku substitute n Auccc�asor, "�
<br /> � . '� or nucceesors to the'lYuyt�e numed h��r.�in ur uctinR;herewuler.
<br /> �i ?. aUC(�ESSORS ANU AS51GN5. 'I'tiiH Ui�ed uf'I�uat uppliev t��,inurna u�thc benefitof und binds ull puitica hereto,
<br /> — i� thcir Iteit�, In�utcen.dcai�rra.per:aon��l n��n•i:vontnti����n,HUCC�'48U1'H UIIII i1ti912(A1N. I'he term"$eneficim�.v"r+hull mcetn tlie
<br /> � .. utvncr und hulder of the tiute.«ltcthc�r�ir nut n:unc�d at;licncficinry h��r��in. -
<br /> � �I 8. INSPF:CCIONS. lienefici+�iy,or i[a,ii,i�utr�,rcpreni�ntutivcv ur«�nrktnen,mr authcn•ized to i�nter ut a�y re�aonable
<br /> - , time upon or in nny pi�rt of the'lti•uNt I?ritut��fi�r thc parpu�:v��F inh�x�ctint;th��:+iun��und fur the ptirpnsi�of performin�;any�f
<br />�_• ' • th�e etcta it ie uuthorized to perform under tlie t��rmri ul'iinv nf the IA�aw [nHU•umcutN.
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