|
_ ... . . .. . �
<br /> `� ..ec+ ' .. . .. .. +, 4r. en.�^....._.. _. ..�... . . . . . . � . _ --- _
<br /> ` '� . . ... __._..
<br /> ' '�{ - n - o ' . �.�� <�t.f-.,r..r . ' - . ' - � - , ..-_-----_
<br /> .��nL`Q�.ia,_�...�n...._...
<br /> �( " ,IflJi,�+In.!-t :., .r..`" , t .'. p h •ti. 'il� rtili'1�11W�q�y�!/,f'•.�,� .,. ._ � - _ '__�..
<br />-' .u�ww,w�JtAew� i(ifilli�Mrea7a�ru��3r.x.:5r�r�-•=�-- -- :Aa���_.!
<br />- �a�_ .
<br /> �T.'Y� . __..
<br /> ��1� �I��
<br /> :-��� ~ 104�'!4
<br /> �� -�' DE�D AF TRIJBT WITH FUTUR�ADVANCE8 ��
<br /> ' :T —
<br /> �•,,-�,� � THI8 DEE�OF TRUST,Is made as af the._23r�.day of Tun ,99...3�..by and amonp _
<br /> ;;.i�.��'� �
<br />;`�_�,.+.?- �; the Truator, Coad .T. Miliar and_Ma_rs:.�..»_°-J1 tech. Husband aad Wife _ ,
<br /> �:.
<br /> ._.;:,,,,,� --
<br /> 'n`"''�'� wboae malUng addroaa ie I807 West John Street, Gsand islaad, KE 6���5�Q�r;'whether one or more), .
<br /> � Pive Patnts Bank. a Nebraska Corporatioa �
<br /> �'.� ; the T►ustee, '
<br />:".i.'M��
<br /> _�-- p.�. Box 1S0T. arand island, NE 68802 -`�
<br /> -::�,� whose mallUg addroaa is _ (he�eln"Trustee'y,artd �-.
<br /> =� �
<br /> �
<br />- -- =�`?� the Beneficiary, � �.
<br /> �`
<br /> -'T A�� O1S N. Broadweil Ave.. Grand Yaland, NE 68803 (heretn"Lende►'�.
<br /> �' whose malling addresa is �=
<br /> `�•?��: Coad J. Miile -
<br />_�:�;a'^' FOR VALUABLE CON910ERATION,inctudfng Lender's extension of oredit idendfled heroin to - _
<br /> ..t.:
<br />``-�_i� : (herein"Borrower",whether one or more)and the truat heretn created,
<br />��`���� RU3T8WTHPOWEROFSALE,torthebenetit ndseaurltyofLender�und,ere deubjeottotheterm9end ondiUfonahereinsiter�set --
<br />-� foRh.the real properly, desaribed na totlov�a
<br />,.��Y..__�
<br /> ��� Lot Two (2), in Block Trao (2)� ia Glover's Subdiviaion, in the City of firand �
<br /> _,.,� Isiand, 8a11 Coumty, N�braska
<br /> ::_,;.,�� `
<br /> _���,� Together with all bulidings,fmprovomenta,flxtures,atreets,alleye,passagewaya,easemente,rights,prlvile�es and appurte-
<br /> �„ nences loaated thereon or In anywise perlaining thereto,and the rents,issues and proTits,reversions and remaindera thereof,and
<br /> � auah peraonat property that is attached W the improvements ao as to consbwte a flxture,Inciuding,but oot Iimited to,headnp and
<br /> = cooling equipmen�and topether with the homeatead or merltat interests,Hany,which interests are hereby�eleased and waived;eil
<br /> �,��.. of which,inaiuding replacements and additions thereto,fa hereby deciared ta ba a paR of the real estete seoured by the ilen otthia
<br /> - Oeed oi TNat and ali of the foregoing being�eferced to herein as the"P�operiy".
<br /> ---- Thi�Oesd of Trust ehall seoure(s)the payment of the prinolpc►1 sum and interest evidenced by a promiesory note or aredit
<br /> `�`� ane 23sd 1995 ,i,nvir�� a natu�i data at June 15th 2000 .
<br /> --- agregment dated � � � '
<br /> _�� in the original principal amount of a 2S.020.SO -,and any and ait modifioado�e,extensions and renewais
<br /> ,��,_ thereof o�thereto and any and al�future advanoes and readvanaes to Borrower(or any ot them if more than one�hereunder
<br /> ---- purauant to one or more proml8sory notes ot aredit agreaments(hereln calied"Note'�;(b)the payment of other sums advanced by
<br /> = Lendor to protoct the seousity of the Note;(c)the pe�tormance oi all covenants and agreementa of T�ustor set torth hereln;and(d)att
<br /> -' preseM and tuiure indebtedness and obllgatione of 8orrower(or any ot them it more than one)to Lender whether direct,indlreaf,
<br /> absolute or con�npent and.whether aristng by note,guaraety,overd►ait or otherwise.The Note,this Deed ot Trust and any and all
<br /> - otherdoouenfsthetseauretheNoteorotherwlseexecutedlnoonneatlonMerewlth.(ncludingwlthoutllmitaUonguerantees,aoourity
<br /> ---'� agreement�and easignments of Ieases and rents.shail be referred to herein as the"I.oan Doauments".
<br /> - Trustor aovenante and agrees with Lender as toilowa:
<br /> - 1.Paym�nt of lnd�bt�dn�s�.A�t indebtednesa seaured hereby shait be pafd when due.
<br /> -.._--- 2,TIf�.Truator la the owner ot the Properly, has the right and authority to convey the Properly,and warranta thet tho ilen
<br /> created hereby is a fiset and prtor Ilen on the Property,except for Ile�e and enoumbranees set forth by Trustor in wdtinp and
<br /> delivered to Lend�r before exeoudon of thia Deed of Trus�and the exeaudon and deilvery of this Ceed of Truet does not vio�at�any
<br /> - co�aat or other obtigatlon to which Tastor Is subjeot
<br /> 3.Tiuca.Ass�rnanb.To pay before delinquenay all taxes,speoist assesaments and a�l other charge�againat the P�operry
<br /> now or hereafter levted.
<br /> 4.letu�nc�.To keep the Properly insured agafnat damage by iire,ha=ards inctuded within the term"exteflded coverape",and
<br /> - - such othar hezards as LecMer may requlre.in amounta and with companlea acceptabte to Lender.naming Lender as an addidonal
<br /> ------- named ineu�f,with I�ss payable w the lender.In ease of Ioas under such pollcies,the Lender is authorized to adJust,coiteot and
<br /> compromise.atl claims thereunder and ehail have the option of applying all or part otthe Insurance proceeds(q to any indebtednesa
<br /> secured hereby and tn such order as Lender may determine,(li)to Me 7ruator to be ueed tor tha repalr nr reatoration of the Property
<br /> or(III)tor any other purpose or obJeot eaUafaotory to Lender without aHeating the Ilen of thla Dead of Truet tor the tuli emount aeoured
<br /> ..,._ hereby before suoh psyment ever took piace.Any appUaeUOn oi proceeds to Indebtedness shalt not extend or poatpone the due
<br /> _1„� date of any paymeMS under the Note,or cure any detauit thereunder or hereunder.
<br /> 6. E�orow.Upon wrttten damand by Lender,Truator ahafl Qay to Lende�,in suoh manner as Lender may designate,euifiefeM
<br /> �' sumsto enabte Lende�to pay asthey beaome due ono or more otthe foitowing:(t)ali mxes,asaessments and other chorges against
<br /> --�- the Prc+perty.pq the premiurna on the property insurance requlred hereunder,and(tiq the premiums on any mortgape insurance
<br /> _—= requlred by Lender.
<br /> -_---� 8. M�Inbnane��fi�pai�s and Comptiarte�wltA Lawt.Truetor ahall keep the Properly in good eonditlon and repair.ahall _
<br /> �-�= promptly repair,or replace any Improvement whioh may be demaged or d�eflrayed;shall not commit or,pemsft any waete or
<br />--'""`-=-� deterioraUon of the PropeAy;shall not remove,demolieh or substanNelly alter any ot the Improvemerne Qn the Propariy;ahail not
<br />--�-��"'�� comml�eutter or permitany eot to be done in or upon the Property in vtotadon ot any law,ordinanae,or reguladon;and ahatt pay and
<br />-- "m'"°� promptly dtscherge at Truatore coat end expense nit Iiena,enoumbrances and charges Ievled,Imposed or asaesaed esaina�the _
<br /> ��`�u� Property or any paR thereof.
<br />`,y;�';,.� 7, Emin�nt Oomt�In.l�snder is hereby asaigned ail aompeneation,awards,damages and other payments or re�lef(hereinefter __
<br /> y ;.;�� "Procaeds'�in aonnectlon whh condemnatlon orother taking ot the Property or part thereot.or tor conveyance In Ileu of condemna-
<br /> �'`:, bon.Lender ahall be enUded at Ita optlon to aommenae,appear in and proseoute in Ita own name any Qation or proceedtngs,snd E
<br /> ahalt alsa be enUUed to make any compromise or eettiement In co��neatlon wlth suoh taking or damage.In the event any portlon ot �•
<br /> _��Y�' the F+roperly fs ao teken or demaged,Lender sha�l have the opHon.in ita eote and absoiute discretlon,to app{y all ouch Proceeds. `.
<br /> ��yu�J�.�.Y....r.1
<br /> 8R8f dEdUOUtig th6t81fart1811 CQSts 8f1i18Xp6nses inCU�oy ii in aonneaa6n dri'u`�oiiui�e-iva;oei.b.ii'y'vi�a.—y�..w...w�.wo o.r.�»�..
<br /> _.;�;`' hereby and in suah orde�as Lt�nder may determine,or to apply alt suoh Proceeda.after such deduaUone,to the restoratlon W the _
<br /> ��;,y;,` Properly upon such condiUons as Lender may dete►mine.My appltceUon of Procaeda to indebtednesa ehall not extend or ponpone
<br />•_�:_��n��;r�� Me due date o}any paymen�e under the Note,or aure any defautt thereunder or hei�eunder.Any unappUed tunds ahalt be patd to �
<br /> '.,.�". '�, Truator. �
<br /> ;�r,;'��,w;..'�. 8, PMormane�by i tndK.Upon the oaaurronae of an Event ot Detautt horeunder,or It any eat le taken or Iepai proceedinq ,.
<br /> �:�i_,-�± aommonced whtoh mateNallyaNeots Lendor'e Intereat fn the Property,Lender may In its own diaaretlon,but wlMout oblteaUan to do _
<br /> •' so,and wlthout noUce to or demand upon Truetor and without reieselnp Trustor irom any oblteadon,do any aot whlah Trustor has _
<br /> �.�`�,•' � a�reed but taUs to do and may alao do any other aot it deema neceseary to protsat the eecurlly hereot:'rustor shall,Immedtate►y _
<br /> � :• � upon demand therefor by Lender,pay to Lender atl coata end expeneea inourred and eums expended by Lender In conneadon with _
<br /> . -, :� the exeralee by Lender of the torepotnp rlphta,topether with Interest theroon atthe detault rate providod in the Note,whiah ahall be
<br /> `�;:��'�.s 7� added to the indebtednoas secured hereby. Lender ehall not inaur any Ilabllity beeauae of anythUg it may do or omit to do .
<br /> - _�.•-., hereunder.
<br /> .;�'-''� ' ; % ..
<br />
|