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<br /> �' DEED OF T�tUST WRH FUTURE ADVANCES � �
<br /> TMis nEEC oF�usT,ia n,aae ae of ma 29�r day m �Eprn�� ,�e 95 .by and amo�►g o
<br /> theTntstor. ERUIN L LUTH AND SHARON L LUTH��IiSBAND AND WIFF
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<br /> whose mallinp addrass Is 2403 W DIVISION. GRANQ I9LAND. NE 88803 (herein'Tn�swr.whether ona or nare),
<br /> �a TN� NPPD EMPLOYEES FEDERAL CREDIT UNION
<br /> wt►oue mallinga�dross Is p 0 BOX 499, COLUMBUS. NE 68602-0499 .._(herein'Trustee'�,and
<br /> the eeneflci�uy� NPPD EMPl.0YEE3 FE�ERAL CR�QTT UNI�N
<br /> �����g�� P 0 BOX 489 COL.UMBUS NE fi8802-0499 (herein"1-etba�•
<br /> FOR VILLUABLH CANSID�RATION,induding Lendera extension of credit idendfled he�afn toy°`�*"! ! �-UTH AND
<br /> SHARON L LUTH HUSBAND AND WIF -
<br /> (hereln'Borrower�"whether one or more)a�fihe trwi tmfaln c��3hs t�lpi .
<br /> of whir,h is hereby acknowbdged.Tnistor hereby irtevooably prants, transtete,conveys end assigna to Trustee� IN TRUSY.WITH
<br /> POWER OF 8ALE,for the beneflt and secu�tty of t�ender.under er�d aubJect to tha tarms and aondtUons herelnatter eet bAh�the rsal
<br /> propetry descdbed as toltows:
<br /> LOT 1� BLOCK 11. ASHT�N PLACE. CITY OF GRAND ISLAND, HALL COUN1'Y, NEBRASKA
<br /> Topetleer wilh aN butidinps�imprc�vsments�flnWros.etreete.a1t�Yd.Pe�9�f�.asetnente,rtphts�P���epP�Renanoas
<br /> iocatad theroon or In enywles DeAeintnp�ereto.and tbs roee�,Isaues ar�d profl�,rowr+elons and ramak�d�w th�r+eof�and such pe�a
<br /> eonat propeAy that la attscf�ed to the Improreme�s ao as to conaUtute a fixturo.Indudirp.lwt net Itmitsa to,heaWip and aoo�kp aqu�r
<br /> msn�and toather wlth the ho�r�estead or marf W intereste�M any,whk:h Ufterosfs ere heroDyl roteatsd�nd ws�wd;dl d wNch.incN�d�
<br /> Inp rept�o�rMrKS and additlons thsreto.b henby dedarad to be a paR of 11��ed e�t�s�ourod bf►ttw IMn of tl�is D»d d Tiwt and
<br /> a1t ot the forpoing bein�rofemed to herein ea 1he"Property
<br /> mont� a 3�EPT�II�B��29�8�1995�ot the prindp havi y a ma y dace�a�NeN��s a�enas or credn ear.�
<br /> �a�������a 14.9Z1�M _ . .�a�,►�,�u�n�,e���a� ,
<br /> thereot or thare�o ind anY end�II tuturo advances and�eadvances to 8onower(a amr of tAem tt more Man ane)Aerou�xfer purau�nt
<br /> w one or mort p►aMeeory notea or credlt apreements(herein catied'Note"): (b)�e PaYment of oti►er suma�advanoed M►Lendar�o
<br /> proteot the aeourity o!ths Nots:(o)the peAarmance oi eli aovenants end sqroementa otTruator edt toRh hecein�and(d�ai�prosent ar�d
<br /> tufuro h�debbdnsss aM obii�atbna of Borrower(or any of them tt more tl�an one)ro Lsnder whether diroct�tndireat.abeolute or aomio-
<br /> gent and whether artsinq by note�9uarenty.ovenlraft or othsrwise.The NoM.tl�b Oeed of Truat and any and aN other documents Mat
<br /> secare tha Note or otherwiae executed In conneatlon tMrewith. inctudinp wiU�out �ImitaUon quarantees�securKy a8reeimeme end
<br /> easipnmenb ot leaaes and rente,ehall be referted to herein as tt�'Loan Instcurnents"'.
<br /> Truator oovenents and agrees wNh Lender as tollowe:
<br /> 1. P�m�nt of tntMbt�dt»ss.Atl indebtedness secured hereby shell be paid whan due.
<br /> 2 TitM.Ttu�tor is tfie owner ot the Preperty.has the rigM and guthotih to convey the Property.and wamaMa that the Ilen areut•
<br /> ed hereby i�a fiist end prbr t1ea�on the Property.exaept tor Ilens and encumbrencea set torth by Trustor in wri8np and delhrored to
<br /> Lender 6etoro�cecutbn of thla Deed o!Trust,and the execuUon end delhrery of thfs Qeed of Trust does not vlotate eny oontract or
<br /> otlter obltgatbn to whkh Tniator ta subJect.
<br /> 3.1'exa.AssNSmK►b.To pay bebre delinquency ali ta�cea spectal asseesmente flnd al!other chargea agatnst the Properly
<br /> nar�or heroaftar tevted.
<br /> 4.Nf�uranw.To kesp the Prop�rty Ineured a�alnat dama�e b1►ttre.hazsrds[riduded withtn the tertn•extended covera0d'.and
<br /> suct�hazarda as L.endcar may require,tn amounls end with companles acceptaMe to Lender�namtng Lende�aa an eddiNonat nan�ed
<br /> Insured,with Iost�payabte to the Lender.In case ot loss un�Ser euch poUctes, the Lendor is authorized to adjust,ootlect end aomAra�
<br /> mise,atl claima tAereunder and ehati have the optlon of epptying ati or part ot the insurarxe pr000eds(h to any indebtedness secured
<br /> herehy and in such order fla Lender may determine,pq to the Tnistor to be used br the repalr or restoraUon ot the Property or ptl)for
<br /> any other pu�pose ar object esU3faatory ro l.ender without atiecttng me tten of tnis oaea ot Trus�ror me�un emourrc sewrev��i
<br /> before such paymer►t ever took p1aCe.My appikations of proceeds to indebiednesa shait not extend or postpone the due date ot any
<br /> paymecda under the Note.or cure any detautt thereunder or itereundc�. `
<br /> b.Fscraw.Upon w�tten d9mand by Lender�Truatee shall pay to Londer�In such menner ae Lender may dosignate�su(flcient
<br /> suma to e�abte Lender to pay as they become due one or more of the foltowin�p)eN taxee.assessments and other chargea againat
<br /> the Property,(lh the premiwna on the propertY Insurance reqWred hereunder.(iiq the premtuma on any moAgage tn�urar�ce requlred by
<br /> Lender.
<br /> 8.�/ainbmnp,R�pain and Compli�na�wtth La�n.Truator ehall keep the Property in good condlUon and repair,shalt
<br /> prompUy repetr.or reptace any improvement which may be damaged or desvoyed;shetl not commft ot permtt eny waste or deteriore•
<br /> tlon of the PropeRy:shall not remove,demolish or substantlalty alter arry ot the Improvementa on the Property;sha�i not oommit,suffer
<br /> or permft eny act to be done fn or upon the Properry In vlotation ot any law.or�arn�,or regulaUon;and shaU paY end prompty►dfs-
<br /> charye et Tn�s ooat and expense aU Ilens,encumbranceg and chargea tevted, tmposed or axessed aDaina!the Property or any
<br /> part thereot.
<br /> 7.ErNneM Oam�fn.Lender is hereby asalgnod ei�compensattor►.awards,damages and other paymeMs or relfef(herelnatter _
<br /> �na�t�ob+d or�0 ar.e�o.,
<br /> 0/iMNriarlNrltaCanwaTnYrd8MPM�mrawUtioohlMOrW � ��� • . •
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