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<br /> DE�D OF T�IIST iNITN FI�TI�RE AQVAN��S �wye�v ��j�'�i� _--
<br /> TH18 DEED OF TRU�T,ts made as of the��daY� Sent er ,19��by and amonp °
<br /> ths ltustor. The dure J Robb a Si le P rson .
<br /> whaas malttrtp addreae Ia 3T1�D.r..—�9t-�•-r"�-=°-- ialand� *'F�°R°? (herein"Truetor,"whether o�e or moro).
<br /> the Truatee. � OF DONIPHNN. a NebrASka Corporatian. . `
<br /> whoae mailirtp addrese is P 0 Bax B De*+{uhan. � 68832 (hetei�"Trustee'�,snd
<br /> the Beneflalery. B� OF AONiPBAN �
<br /> whose meiiinp address!s P 0 $ox B Doniphan NE b8832 --(herel�"!_endef�. -
<br /> FOFi VAWABLE CONSIDERATION.IncOudin�Londer's extenelon ot credit Identifled herein to .�1L�^''" -T- Robb
<br /> A 33agle Peraoa (hereln"8orrower".whether one or more)and the trusE heretn areated,
<br /> ths reasipt of which is hereby eaknowledQed,Truator hereby irrevooabry�rante,tranetero,conveye and aaslans to 7runte�.IN
<br /> TRUS?',WITH POWER OF BALE,fortha beneflt and ssaurity o}Lender,under and aubject to the terms and condidons here►naRer set
<br /> torth,the re�i praperiy�desaNbed �foltowa Lot Two (2), Racquet Club Subdivisioa� in the City of
<br /> Grand Island. Hall Cauaty, Nebraska. �
<br /> ToQether with alt buUdlnps,ir�provementd,8xd+r�s,etreeta.al�eye,passa�ewa!►a,easementa,►lebts,privltepes and appurte-
<br /> nances locrited thereon or In anyrrlee perfetn�ng thereto,and the reMa,lasuea and proflts.reveratona and remaindera thereot.and
<br /> auoh personal prope�ty that ls attaahed to the improvemente so as to conadtute a 8xture,includinp,but not Ilmited to.ha�Un�and
<br /> coollnp equlpmen�and topether wi�the homeatead or marita�interosta,if any.which interests are hereby reteaaed and waived;all
<br /> ot whlch,Inaiudinp�eptacements 8nd additlons thereto,is hereby deciared to be a part ot the real eatate secured by the Itaa of Mts
<br /> Oeed of Truat and ell of the foreQolnB be�n�reterred to hereln as the"Properiy".
<br /> Th!s Deed of Truat ahall securo(e)the payment of tha prinoipal eum and intereat evldenced by a promissory note or aredit
<br /> sproemen4 daLed
<br /> Sevtember 3.1. 1935 ,harinp e mafutity�828 8t •Ianuarv 10, 1996 , .
<br /> in the oriptnal pdncipat amount of 0 "� ��� °0 ,and eny and ail modiflcaUons,extenaiona and renmwate
<br /> thereof or thersto and any artd ell Nture advancea and readvaneea to Bonower(or any of them it more than orte)heneundei►
<br /> purauant to one or raore promlasory notea or aredit egreemente(heretn oa�ted"Note'�;(b)the�aymeM ot other suma sdvancsd by
<br /> preseM and hrture tndebtad�ee+end obllo�a onspof�8orrower(or'any of them8t mo e�neo e)to Le der whether Eliteot.i dldreot,
<br /> absotute or w a dn�ont and wbetherarlalnQ by note,pueranty,ovenlraft or otherwise.The Note,thla Deed oi Truat end any and all
<br /> other docsients thst securethe Pioteor otherwiae exeauted in connecUon therewlth.inciudinp wtthout IlmitnUon puannteea�sac++dty
<br /> a�reemente and assipnmenta of lecaea end rente,aha�l be referrod to herein ea the"Loan Documents".
<br /> Trustor covenaMS and e�reoa with Lender ae roilowa:
<br /> �, p���a�nd�bbd�w.NI indebtedness secured hereby ehatl be paid when due.
<br /> 2,TNN.Tivator ts the ow�er ot the Property,hae the dgbt and 8uthoriry to convey the Properly.and warrar�ts that the Ifen
<br /> created heroby le a ftrst and pdor Ilen on the PropeAy,except tor�lena and enaumbrances ae!torth by Truator in wriNng end
<br /> deltvsred to Lender before exeoutlon of this Oeed of Tiva�and the exeawtton and detivery of thts Deed of Trustdoea notvlol�ts any
<br /> contraot or other o4�lipadon to whkh Truetar is aubJecR
<br /> 3.Tuca,A�M►Mda To pay betore dellnquency all taxes,epeolai easessments and ell other aharges a�ainat the Properiy
<br /> � now or hereeP.er I�vled.
<br /> 4.Answ�•To keepthe Proparty Inaured apafnst dama�o by ftre,hazarda inatuded withirt ihe temn"oxtended eoverape".and
<br /> such othar h�z�ttls as 1.soder me�y requlre.in amounts and with compantea acce�iteble to Lender.naminp LendeU a an�ddttional
<br /> eamed tnsured,wtth loss psyabia to tl�e Lender.ln case of toae ender auch poliotes.the Lender ta autho�(;ed M adjuat cotleat and
<br /> eompromise,all clatms thereunderend eheli have the opUon of apptytnp all or part o!the inauranca proceeda(i)to amr Indebtedness
<br /> seaurod heroby ned tn suoh order e�t..ender may detertnine,(II)to the?rustor to be uaed for tho repalrnr resioration o!the Proper2�►
<br /> qr pih tor any other Parpaee or object satlafeetorY to Lender without aHeadng the tien otthia Dead ot Tnistfor the futi emount eeaured
<br /> � heroby bcstora euch payment erer bok ptace.Any eppllcaUon ot proceeda to Indebtedness Mail not extend or paatpone the due
<br /> date of any payments under the Nota.or oure any detault thereunder or hereunder.
<br /> S.8so►ow.U�son wdtten dernend by Lender,Truator ahai�pay to Lender.in sueh manner as Lender may deai�nate.suttioter�t
<br /> sumstoen�bielsndertopayaathey becomed�n ura ce requtred hereunde tiand pl�i)the preem�luma on any morrtpspe i�nw�►ancs
<br /> the P►opeRy,pq the premluma on�he property
<br /> requirod b Lu►der.
<br /> 8.����a���+�CompWno�w(tA Lawr.lYustor shall keep the Property in pood oondlUon and reWir,ehall
<br /> promplly cepair,or�epince any Improvement whloh may be damapad or destroyed:ahalt not aommit or permft eny vraste or
<br /> deterloratlun s�f the Property;ehatl not remove,demoilah or eubatanHa�ly alter arty ot the ImproremeMe on the Properiy:shail not
<br /> eemmit,suNer or permit any aatto be dona fn or upon tha PropeAy in viotatian af any law.ordlnance,or�eQulatlon;and ehalt pay end
<br /> prompiry d1eCh4r�e at Ttusior'e com m�d expense a0 llena,enoumDrances and ehar�es tevted,imposed or eaaes�ed aptinst tlro
<br /> PropeAy or any paK thereof.
<br /> 7,Eminsnt pomdn.Lender is hereby assigned aIi compenaaUon,award0.demepes artd other paymente or relte}(herelnatter
<br /> "Proceeda"�in conneaNOn w(th condemnBtion or other taktng of the Property or part thereof,or tor conveyance tn Ileu oicoademna-
<br /> Uon.Lertder shall be enUUed et itaoption to commenae,eppear in and proaeaute i�its own name any ection or proceedinpa,and
<br /> ehatt alao be enUtled to make eny oompromiae or setllemvM In connecUon with suah takinp or damape.In the event any poRfon ot
<br /> the Pronerh[a so taken or damaged.lender shall Rave the opUon,fn Ita sole and abaoluto discretton.to eppry aIi euch Proceeds.
<br /> _..r.-------- ...........i.�atifuAnscamenrad
<br />- fl{t8►dedU0th1Q 1h0T@hOR1a11 CO8t08t1deXPe�88s InCUrteo oy i[in avnneaiiw�w�a�ouv�.�.�o.�.r-�•-�-s-�-----••-----
<br />- heroby and fn auah orde�as Londer may dotermine.or to appty atl such Proceede.after auch deduaUona.to the reatora�on o1 ths
<br /> Properiy upon eueh eondittoneaa Lender mey determine.Any applicatlon of Proceedeto Indebtedneas ehall notextendorpostpone
<br />= ttw duo date ot any paymente under the Nofe,or aure any detault thereunder or hereunder.Any unapplled tunde shal!be paid to
<br />- Ttuato►.
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