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<br /> -----98��,Ft1i.8tts!8tTt4tt$ � —
<br /> __._.___ r__ _- 11f33 0�dF TRUST.!s mada�a�f t�a-�9t�►-�Y aL—�. -�Sa�r� . , --
<br /> _ ,� �11W Wr Wa i�i��i � �{IflL'Gt-.a�C�i=va'.. p� � • � �._. � _ _
<br /> �t r-��`�. whose mAf:tng ad+dress t� 19�5 �1 PAQSFECT ST �Grand _Ialan�sretn'Tw�St:��3r mor�� - :_ .-
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<br /> ��Y'��'Y P.CJ. Box i5�7 Grand Island. NE 698�2 (herpin�Tru�tee"�,and � - .- --_
<br /> tl�. ' whase maflirtg addre�is , ; � - _
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<br /> � tt[�Ber�egctary� 'Fs.ve PQ3nts 8.� — • ��
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<br /> � �' W3[OS@RIdIUfl9&Qttl185:3(S 7015 h *'re••j-'••'• r_� ..w isat�and f�.C�-&8�`rJ'Z��r''J�►� (�t@fB3t1°L$11�8t'd ��� _ _ --
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<br /> - � ,. . .et e .� z ,ca�mT►� u asua�rn��t� - - -
<br /> - - _-- .�•.�.,t�i,.�..�C�..SlQ�."+T�OPJ.inc3ts�Jt�g l.esttler'��xL�Shsn of credit f�errt:fied herein t� r��-- � -
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<br /> � _�'�,� 6 Roaene A B�hrendsen (f►ereir-°Bctrower",w�ether one er mare)end the trust hereln creaied. �� _ -
<br /> �2��.`�'� th8[8C8tpt OT YYhICh IS!1@f1BDy.QC�SIIOWt8QQt3d.Trustor her�.by trravocabty 8rar�s.transfers,cameys artd assfgns to Tnisffie►IN F�� _ - - --
<br /> -:3 TqUST.Wf'tF19aYYEROFca�,fortt�ebenefftandaecuriryoil�r[der.underanas�iectto8ielermsartdeortditfacishere9naRepset ==
<br /> � �'.�``�� torBR tha real Dropetl�desFr�ed as fatto•�_ . �Y x�,--..�.-
<br /> -=?�� LOT OtiE t i). BLOC�{ '£MQtTY-F(lUB <24Ir, COLLEGE ADDI'i'IOM �'O WEST LAWN A!i ADDiTIOI� �,�_:�_=�_�__
<br /> ��� "'�`� A2� AD�ITIOF� TtI THE CITY OF GBAttD ISLAtiD. HALL GQUN'fY. NEBAASI{A Al�D ?HE NOBYH ,;�� .s _��
<br /> �:,�.�.� ?E23 EtJ10') FEE? OF.LOT THREE t3), Ii+l BLtICB TFIEti'tY FOtDR tZ4l. I2� CULLEGE -?e s -
<br /> ��_�..,,:� - ADDITIRIH TD fiEST �.AS9N. Ati ADDITION 7'0 TliE CITY 0� GBAHD ISLAHD, Hl9LL COUtdTY, �
<br /> tiEBRASitA. -.
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<br /> `�,°�.:�� t essemer�rl8hts.Odvil ss and appuete- •; 5 -
<br /> -�,� � TagetherwttA�.1 Dau'tdirt9�impravements.fiztures.streeta.allelf�.D�9�Y8• � _—_ ,-
<br /> n?nces[ac�tedthereos+ar tn arrywise poAsiningthereto.and tha rer�.tssues�cd�profits,revarslonsand remandersthereal,and
<br /> - �` such persoaai property H�at is auuc�ed talt�e impravemen�so as to consiFtute a fixtur�inctuding.but nat IimRed w.heatlng and .-�---- �=
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<br /> cooliagequipmentandtoge4herwitf4l'hQhomesteadorm�r[ffi1(rte�sts.ifany,rnrhfefilnta�areherebyreleasedandwaive�BU i�„„ -
<br /> - • ��� ofwhtat�,inctudingrepiacemenber.�asiditlonstherein,isheretiydeCtaredtobea artott�scealesmtesecuredb tneltenoft�i� . ,�FFf���=-
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<br />�° ��u�.. �'/ Deed af Trus!and ell at the toregoirrg being reterred to herein es the"Propert�'. . ,'.'—
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<br /> ����;�_�,� This Qeed oi Tru�shait r��cure(a)the payrt«¢ai the 7�dnctpa!sum and fc�rest evfdenced by a promissory note or aredit _ � �:;`•}':
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<br /> '��,��.' agreement dated ttar _h 7�itfi �aa� ,having a matudty dafa ot �laa;�3�E�-��J96 - • � ,»�' e" !;'�.
<br /> . . '��i�_ . � �•:l, ,a �r„F';;K
<br /> . � .•�� tn the or;gtt31 pririct�f amouMOf S 11?.026_�0 —,and aray and ali modiftcations.extenstons and��wals r�,` ����,1�.',�` ,�r ' :,;�..�
<br /> - thereot or ther8to ar.�any and all tuture advance9�.nd readvances tp Borrormxr.;or any of them ii more than oae)he�eunder •�,: `.,;;.-��,;�:, �L
<br /> , � pursuantto one or rr,�gramissory nates or cred"d�r:eemenffi(hereln eatted'EKr�'�;(b)the payment of other aums advanced by •�.;Fr....'`;��.; . fl :. ;.
<br />..-�:'`-'��3�u �'� Lendertopmtectthes�urityoftheKote:(c)tt�epef,�m►anceolailcavena[rtsartd'agreemerrtsotTcustorsetforthherein;an0(tnell •;,ti,',, ;r,�rr . �:.
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<br /> � � present arsd tuture indebtedness and oDllgattona qf Borrower(or ar►y ot them N more than ane�to Lender wi�other di�ec�tadirect ,,:��;i,.,t..�� i "�s����
<br /> `-�-?���`_,�;-" absolute ar continQent and whether aris(ng by nota,guaramy,overdraft or otherwise.TPk fi.U�a.�►is Deed o!Tnu^t ertd arry artd atl -."..�:�;�,'�;:�, ` 1, �?:=.'
<br /> .°�_:`',`•i"�",�:�'., athe�Qacu�ntathatsecuretheNoteorot�erwissexscutedimcor�nec�ontherewftf�,fnc►u4irrg�iirputiimitattonguarantees.secudry �,�',,,.:�y.� ! �` '�': .
<br /> 'T��,��•.�;�:, � � . a he�nersis and assignmenta of[easss and rer►t�,.s3�thfo�ro(�rrpd to herein as the"Loan D�cuments"_ . ;`.:r:•'�� ,`'••.. ,
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<br /> � ';"7,'�� . Trustur covenar�ts end agrees with Lender as�aiaiwt� ' . r'; r,•�,,,, � � i
<br /> �' ' .`'•' t. Peyment of Ind�bt�dnsu.Nl irtdebtedness secured h:roby shall be paid when dua � • . . ;'.�, �� .5i, . . t,�,'::
<br /> ` 2. �ka.Trusfor is the owner of the Properry.has the rigtn,ar�authortry to convey Me Propertyr,anv�ar►ants that 1ha Iien 5; „, ��.�2>�
<br /> -` �°'''�� created;t�ceby is e B�st an0 pdor lien on tfle Property,excepLiOr liens and onevmbrances set toAh Dy Trustor in wriUng and ��;,� ,;+� i ��°"'�
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<br /> ��' � deliv8�x^•Lsnderbefore execution of thfs Qeed of TrusL andfhe execution and delivery otthls De$d ot TNSt does notvtola�te any !t,° �`t� �,">�,s�/��_
<br /> °'�'4�� cantrad or other opligattoR to which Trustor is subJect ...� :`�°,c„; .� 4. �
<br /> - ,a.�.:,t�.,�M� ��'•� --
<br /> r r'4.`! 9. Tiz�,Asa�nenL.To pay before detinquency ail taxes.special asses5ments and all othsr charges against the Property r}; y ti �;7���.:��f;;,�; � -
<br /> '-,��� rtow or hereafter feNed. ' . ?1,�, rt 4.,r�I�P� :� �
<br /> e.,...ua�';� � 1} � �'
<br /> ��%•_.�
<br /> 4. tm�TokesptbePropeRyinsuredagainstdamagebyBre,harardainciudedwithintheterm"extertQedcoverage".and ,. �t,�/p,.� ti�� ' -
<br /> � ,�r,, � such other hazards es Lender may require.in amounb and with companiea accoptable to Lendr�r.naming Lender aa an addlUonai �����,t'�`'��;'''l�f�.-,`t,% -
<br /> -���' named irtoured,with toss payshle to�~e Lende�U case of loss u�der sucA policies.the Lendac I�authe,�rz�d to ad usL cnllect end • r' "��� �����k�+ �
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<br /> ��_,,-= compr�^;iss,&Ilcta�msthereundersndshatlh8vetheopttonotapp(yingaitorpartotthe(nsura�tceproce�d�t�i)toanytndBtrtedness �;�•`?�kj`�'`.%;��� %-;
<br /> ,�. ���>! secure8herebyandlnsuchorderasLendermayCc�rmine.QqtotheTrustortobeusetffortherepalrorraid�uaUOnottheProperty �'` _
<br /> :: !�, orplQfQ�Arr/othetp�seorob}aetsaUsfactarytaLc-rderw3thoutaHectingthelienofthisDeedofTruattor�futlamountsecurad . .. �
<br /> �';� �'� ��,;� hereIIgs Uetare such paymen!ever took p(aCe.Any��tcation ot proceeds to irtdebtedness ahail not e�ctend or post�one the due , '. �:�� � , .
<br /> :;,,b!�'_�:;,�++� daco o#��i+Aaymenta under the Note,or cure eny tfefauR thereun�ter or hereur�der. ..., �•• .
<br /> .�,. ,:,
<br /> T�y-r,�.� r� �. �w.Upon wBtten demand by LenQer,Trusior sh�tl�;�tc Lender,In such manner ea Lender may deslgnata,sufflcient
<br /> �;- � sulnst��rabieLendertopayestheybecomedu0onaormoremcr'tefollowing:(i)allfaxea.assessmentsa�dotherChacgesagainst ' .
<br /> .�Y ��, • the P�erty.p�the premiums on the property insurance requi�a0 hereund�r;�nd pifj the premtums on any mortgage tnsuranco � :... .
<br /> j�'� req�s�s0 by Lender. • �
<br /> :..��� . . „
<br /> r•�.� � B:.�aA�fbaanct, R�patrs�nd C9mptimcs+�r1Uf taws.T�;�C�r Shatl keep the Properry!n good canditton and repair.shail
<br /> �;t,�a�i-y�..n; . �' ,
<br /> _,,��,�,�J��,,.;� prcm,�t;�;repair. or reptaco any improvement whtcA may be C:�r.agod or destroyed;ahatl not commit or permit arry waste or .
<br /> ,�����,� ,�� detenerxtton of the P�operty,sheU not remove,demofish ar aubStanUalty atter any of the imr,�vemenb on tha Propertyr,eha11 no! �
<br />_ ,}�7;���;,� • commi�sufterorpermitanyacttobsdonalnorupontheP�opeRylnviofaUonotarrytaw,or�;r.arnce,orrepulaUon;andshallpayand . .
<br /> _,rb,��,., , .promptly diacharge at Trustor's cost and expense otA(lans,encumbrances an��h.arges tsvio9.Imposed or assessed agalnat the
<br /> �-,:;-�:'�.��: . PrapertyoranyPerttheteof. . : •' .. . .
<br />=�`-�•c��., ;.,;.: � t Emin�nt Oomatrt.Lender,fs heroby assigne�Efl compenseUon.awards.��m8gosand other paym���ar relief(he►einafter .
<br />�����}4i�'��p"Y••-�*:� "Paocr3ad�"►InconnecUonwithcondemnaUonorothertakingoftl�r�PropertyorpaRthereo�ortorconveyanceinlieuotcondemna- : . _ �
<br />--' � " 41on t,r.•m:er ahatl be enU t t e d at its op t lon t o commanca,apFear.;a aad proaecuto in Im own name a m t ecUon or proceadings,ana . • . -
<br />"•�`'.•:.� �`;�;,�;� shell a;so be er�tiUed t�make any comDromise or settlement tn�ac7rtaectton�vrith such fakirtg or Qamago.tn tho ovent Ftny porUan of ' - .
<br /> ac�
<br /> '_`,!,�� the Fioperty la so talcsn or Qamaged.l.ender s hal l tr�Ye t h�optian,in ib satae�s�!absolute discreUon.to a p p J y ail auch PraceeQs. . • .
<br /> atierdedueUngtt�erefrom a11 e4ats end expenses isrr,�rned by Ilin connecticn tiv(tt�such Praceeds,upon any indel�tednoss aecure0 .
<br /> `"J � � h�reby and tn such order as L9nder msy dotermine,o►ZO 8paly 811 such Pracuarb.aftet attCh d8dltCNons.to the restoretion o!th0 . .
<br />-- " °r+� �� Ptapertyuponsachcond}UonaasLenderm�aydetertnine.Arryepplicatlonolpro�eedstoindebtednesa�hallnalextendorpostpone ' • �,.,. '
<br /> .`�;f°"��^'�''r�� Uto due date of any ps�ymor�ts under tho Notu,ar cure astY de;autt thereunderor hereunder.My unapptied funda ehall be Ratd W �•:t`::\:�
<br /> . .�.. _..,,_�
<br />-�::�:':: ;.• ., Trustor. • , •'•'.:;.: •'
<br /> _= �`"��"`"'� 8. PKtom+mc�by Laiyd�r.Upon tho occurrenc�ot an Event of�efaWt I;cr.flunQer.or tt eny ect is taken or legat praceeding • ' .
<br /> -�,:,.._:. �;; commenced�rhSchinatad�ltyaftect�lender'sint�resltntheFraperty,Lenderm�syrinit�owndiacrettan,butwithoutohllgationtodo •
<br /> '',.+���,-.- �-, ao.artd wtthout noUce to or demand upan Truatot and w(thoutrefeasing Truatot irom arry oDiiga�On.do arry ect whfch Trostor hes . , .
<br />,�;,,`:=s- ';�;:, : egreed Cut falis to C�ancl may atso Qo any cther aot it deem�rtecess�ryto protect the secur(ry hereot.Trustor sha!!.Immedlatety
<br /> =-».;:°� uDondemandtherelarbyLender.paytoLenderaitcoatsandexpensasineunedandaumsexpende�byL+endsrinconnecUonwitn
<br /> � � ' thaexercisobyLenderottiiet�regoing�ights.togetherwlthinterestthareanattheQsisultrateprovtdedtothoNote,whichahailb8
<br />- - �. cdded to the IRdebtedaess secured hereby.Londor shall not Inca►am►IlaEitriy 6ecauss of anything It may do or om(t to ao
<br /> : . hereundot r ' ' , -
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