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<br /> --�--=_- THIS O��n OF TRU9T�I�mRd���of th�....1QSbd�p of..til�� ' ...._�99.2d..,by�nd xnwnq —
<br /> __ 1�1,1Ltaca._��Lu.eh,�ex.�T.�_AA.�la•�►n.n-,,.,.... - ----_._.�..5.�.....,.,�.o..._.�,
<br /> Ihe Yrurtor, "'""'�"
<br /> ---- whose maluny addre�y Ir 203 {i 9 [toaQ�DorLphaa� Nl!,„,,,,68892R2121 �henln"Truetur,"whMhvr ex�or mon►!,
<br />------ -- - ;
<br /> �nsr�ueiss, Fiv� ec��u�lca_.a..�I�l�aiki�n�rs�r•�'an __ � .
<br /> ��� whose mailin�addreaa le p•0. Box 1507, Grand Ialand. NB 6�lsU2-1307 (hereln"Yru�t�e`'),�nd
<br /> - thd Beneticinry, Pive Pointe Ben�ic � —
<br /> _ _ � whoae mafilnp acJdresa Is P ��g4���� �r.,anfl Islan�.�_�s,�.Rn9'�5�7 (herein"L�ender"�. -
<br /> �� FOR VALUABLE CONSIDERATION,including Lendee's extensian of credlt Idomlflod herein to
<br /> = Hi iaat E��}.A�* II (herain"Borrov�er",whether one or more)and the tn�at hersin created,
<br /> the recofpt of whlch Is hereby eaknowledged,Truetor hereby irrovocabiy grarats,tranaters,conveye and esslnna to TruaEee,IN
<br /> - 7RUST,W 17H POWER OF&ALE,tor ther benefR and securlty o}Lendar,under gnd sublectto tho terms And conditlona heralnafter set —
<br /> ��� torth,tha real property.deacrlbed as tollawe:
<br /> __°_ -------;
<br /> __.��;,,��� 'Phe S�uth Half (S�) of thP No�theaet Quarter (N��) of SecCioa Thisteen (13 , •
<br /> — =��"`�1 Towasbip Ten (10)� Raage Nine (9) West of tha 6th P.M., Hall County,
<br />- ``��.:;.J�;�`::...�..,.,� Nebra�ka ��
<br /> .�_,.:..,�::�i>�•
<br />,;;,,,.•�;�ra-;,rj�� � -c' Tapether with alt buitdinge,Improvemente,flxtu�ea,streets,alleys,passageweys,eaoements,righta,privitepee and ap;purte- _
<br /> �t�;�����'��''�� nancds located thereon or in anywiss pertnining thereto,And the ran4s,issues and profite,roveralone end�emaindere thsreol,and
<br /> a:,;�,�.
<br /> �r��'�a� _, su�h personal proper4yr thet la�ttaahed to the Impr�vements eo as to constitute a(Ixture,including,but nnt Ifmtted to,hoaUng en
<br />-`"'jsr_���,if ;,y cooling equlpmenh,and together wlth the homeatead or marital Interests,if any,whlch Intereste are hereby released end welved:ail
<br /> J�'. t'�, d?' � ot whiah,fnc;tu�ing raplaaamcnt�an�ad�{tlonb ther�eto,Is horeby deClBred to be e p+sri uf iiie ranl nsinies secuY6u by ih8{tan etthia _
<br /> ;�;;,.�',�,',,,�.y;' y Deed ot Truat and all of the foregoing being referred to hereln as the"Propery". _
<br /> � .:�,� ..; ._,: �.. _
<br /> =•.,.��4'�•i:l�_:�.
<br /> ;•�,�.� , •� � This Deed of Trust shail seoure(a)the payment ot the prl�cipal sum and interest ovidenced by a promisson/note or credit
<br /> .��:`le� �.�'i -�--
<br /> `�1��"���t '�'' � agreement dated Aprii l0 h �Q�'+ ,havtng a matunry aeie of �K"i�`�� • �
<br />•- v -� �.����;�.,, r
<br /> � ;'"�,f�' In the orlginel principal amount of� 135.020.50 ,end any and all modlticattorts,extemalons and renewnls
<br />_ , ; �,i�{'•� • thereo}or thereto and any and ell luture advances and readvances to Borrower(or eny�f them i}mare th�n one) heraunder
<br /> .��,�. �;-�, pursuant to one or more promlasory notoa or cred(t agreements(herein called"Note'y;(b)the payment ot othe�sums advanced by -�
<br /> �-;r ,�„., Lander to protect tha aecurity o1 the Note;(c)the perfarmance ot all covenanta and agreements oi Trustor set torth heretn;end(d)all
<br /> `'�'�'s',��t prossnt ar+d future Indebtedness and obligatlons of Borrower(or any of them if more tihen one)to Lender whether direct,Indireck.
<br />°-°`��`;:-�iii�-•��,; ebsolute or contingent and whether arising by note, guarenty,overdraft or otherwlso.The Note,this Deed of 7'rust and eny and all ��
<br /> `:-r'•�ti�%. � •• ;� .• other doouenks that seCUre the Note or otherwlse executod in connection therewith,Including without Ilmltatlon guarantees,security j-_
<br />-,�;�_,:3�,.,�,,,,�.. egreements and aaetgnments of teas�s and rents,shall be referred to horein ae the"Loen Documents". :
<br /> --- . , . Ti ru9tor covenants and agress with Lander ea followe: ^
<br /> � �•-� 1, Raym�nt o1 tndebt�d�ns.AII indebtedness securod hereby shell be paid when due.
<br /> �� I� ' 2, TNla.Trustor la the owner of the Property,hes the rlght and authorlty to convey the Proporty,and werrants thet the Ilen •',
<br /> .;: ,,.
<br />,-��,;,±;�;;,.. :�, „' created hereby la a iiret and prlor Uen on the Property,excspt for liens and encumbrances set foRh by Trustor In wrlting and ,�;�_
<br /> _-_-.;,��...r,,,�.,�. delivered to Lender betore oxecutlon of thle Oded oi Trust,and the executlon and delfvery of thle Deed of Trust does not vtoiato eny �-:�
<br /> cantract or other obltgatlon to which Trustor Is subject
<br /> W��,���� 3.Tax�s,AssNSrtMnb•To pay before delinquency all taxes,speclai assessments and ail other che►ges sgelnst the Properiy _
<br /> ;:: ��.:
<br />-_'- �:•.;--F�:��;�: now or heroattar levled.
<br />� ��-�.��'t`�.� 4. Insunnc�.To keep the Property Insured agai nst damage by tire,hazards Included within the term"extended coverage",and
<br /> such other hazards as Lender mey requlre,In amounta and wlth companfes acceptable to Londer,naminc�Lan�er ao en additional _
<br /> � .ty'.,. named insured,with loss payable to the Lcsnder.ln case of loss under euch polfcles,tha Londer Is suthorized to adjust,colloct and ,
<br /> •,.;,.�4 .•��,;-;% compromise,�tl clalms thereunder and shell have thc�optlon o4 epplying all or part of the Insurance proceede(I)to any indebtedness ,
<br /> - '�}��:`��,,'�. secured hereby and In such order as l.ender may determfne,(II)to tfie Tru�tor to be uso�forihe repair or reatoratlon of thA PropeRy
<br />- ' �''� • + or(lii)Yor any other purpose or object satistactory to Lender wlthout aftecting the Ilen of thls Deed of Trust for the tuil amount socured
<br /> ,r:� ,,,, J, hereby betore BuGh paymont ever took place.Any epplicatfon of procaeds to indobtedness shall not extond or postpone the due
<br /> date of any payments under the Note,or cure any defauit thereunddr or hereunder.
<br /> - - Y 5. Escrow.Upon written demand by Lender,Trustor shall pay to Lender,ln euch manner as Lender may designa4e,aufficient
<br /> ' aums to enabte Lender to pay as they become due o�e or more of the following:(I)all texes,assessments and other chargoe againat
<br /> ' �'c.," �� �r' �'� the Property,(Ily the premtuma on the property Insurance requlred hereunder, and(fi11 the premlums on any mortgago Inaurance
<br /> .� . , '�� ; requlred by Lende�r.
<br /> 8. M�Int�nana�.R��aln�nd Complianco with Lnw�.Trustor shali keep the Property In good conditian and repafr;shall
<br /> � � promptiy repalr, ar roplace any improvement whlch mey be damaged or destroyed;shall not commit or permit any waste or
<br /> � detertoration of the Proper2y;shail not remove,demolish or substantially alter any of the improvements on the Proporty;shall not
<br /> ' •:• • comrnit,suHer or permit any act to bo done fn or upon the Property In vtolatton of any law,ordlnance,or regulatfon;and shall pny snd
<br /> :� promptly dlsctiarge at T�•ustor's cost and oxponso all llone,unCUmbrnnces end charges lavlad.Imposod or a�so39ed egatndt iho I
<br /> - Property or any part thereot.
<br /> - 7. EntSn�nt Qanain.Lendor Io hereby assigned all compensatlon,awarda.damages and other pnyments or rellot(herolnaiter I
<br /> ' "Praceeds")in connecUon with condemnatlon or other taking of the Property or partthereof,or tor conveyance In I►eu of condemna-
<br /> llon.Lender sheil bo entitied et ite aptton to cornmence,Rppear In c�nd prosecute In its own name any action or procee�iingu,and
<br /> shall also he entitied to make eny compromisv ar safllement in conngCtion with euch teking or damege.In the event nny porUon ot �
<br /> .;: .
<br />� -�°- -� e,�a.�nnr�v Is sn taken or damaQed,Lender shall have tho optfon,In IYe sole�nd ebsoiute di3cretlon,to epply all such Proceeda ' ,
<br /> __ . ' ' �.�. ._r� • •.�.�_�_������..
<br /> ��J i
<br />:� : aRe�deducSng therefrom all costs end expenses Incur�ed by It In connection wttn sucn rrocaeds,upon any inaovawnoaa owa.w � -
<br /> hereDy arsd in suc�order as Lender mey determine,or tn apRly all such Proceeda,after such deductlons,to the restoratian of tho
<br /> ' � Proparty upon auch conditlons as Lender may determine.Any applicetlon ot Proceeda to Indebtednes3 sh�ati not oxtend or postpone
<br /> " the due date ot any payments under the Note,or cure any detault thereundor or herounder.Any unepplied funds ahall be pald to
<br /> ` Trustar. ;
<br /> ' p. P�r}onnanc�by L�nde.Upan the occurrence of an Evant of Detauit hereunder,or If any act lo takon or legal proceedinfl �
<br /> " � commenced whlch materlelly aNecte Lendor's intarest in tho Property,Lender may In its own discrotlon,but wi4hout obllgatlon to do
<br /> -- --- �, --��°� so,end wiuioui i�ut4Gn t�Oi doitlGiid s�:i Ttt%o Os�rd`�flhC:�:s�l�ing T!�.�9t�+�irnm any obltgaUon.do enY 8Ct WhICh TruBtor haD
<br /> � ugroed but tat�e to do and msy alao do eny other act It daems necessary to protect the securfty hereot.Trustor ehall,Immedlatefy
<br /> _ , upon demand thorotar by Londor,pay to Lender all cnste and expenses incurred nnd sums expended by Lendor In connecUon with
<br /> { the exorcls�by Lendor ot lhe(oregoing righto,togather with Intorest thereon at the defau�t rate provided fn Sho Plote,whlch shell be
<br /> � edded to the Indebtednes� eecured hereby. Lender shell not Incur ony Ilabiilry bocause ot a�ything It may do or omft to do
<br /> hareunder. �
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