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<br /> TH/S DEED Qf 1RUS71s mnde tlds �eYa
<br /> ovem et ,1g��,bysndbesween �av d L Mattieon an C
<br /> �� v..e�.s.,,t a.,d Wife whether one o�moret(he+efneRer calJed the"7lustor'�,
<br /> W�m����8����no �arYen Iane �t2�Gran Ie].and N� 68801 _
<br /> .,..,.,. ,,...�rnw,., eaent!rATT[fN (hetefn�ercrilled Ihe"iluate�7,��msqingsddressl9
<br /> NOFlYYESTBANK ��� AcxA. NATxQNAL AS$QSe�-ATION ,(ho�efnedle►
<br /> 2n� n mt,+..a ct � rand Yelabd_ 13EertdlYOAWESTBANK 2IEH�� f
<br /> ���,�����q�8�m 202 W. ir St.. Grand Isl.and. NE 6880� _
<br /> tMiNESSEIH:
<br /> 'CON3IRUCTlON u AG7AND C/RFA'!�S QRANTS AND COIVSflIUlAE.S�A f�NSIAUCTlON SE�URRY�E3T N TIfE PHOPEHIY
<br /> DESCRIBED HEREINBEIOVU SIgTy—FIVE THOUSAND AND NO/100 ----------'—'
<br /> WHEREAS fireaorls indebfed ro B�ary/n tlre Pdnripat sum of November 2 .19�.(he,efnet0er
<br /> mllarn(s 65,000.00�,wntcr,mde�6tedrress ts evktenced bY 1lusta's Pr�m►ssay note dated
<br /> called the Nofe"J.P8Yab1e m tl►e ada of Bene!ldery end he�fng s metutlry d Mav 1 , 1996 .
<br /> NOW,TNEREFOR�1o►fhA W►Pcseot secraln9:
<br /> (�Pey�r�ent ol tl►e NOte�,a�8eth�wfU►lnlerest tlle/6on,lete cha►BasL PrePeY�Pen8ltleR e►H future 8dvmrCe�end a0 ext8nshns modllkeU0ns1
<br />_ s�bstldrUorts end renewafs thereo/,
<br /> �b)peYmerrt a alr oa,e►s�,ms�teesa char�s�ro9�en,er w►n,�ntaresr mereon,aavanwat u,�,facr ura�cur�$r at rlr��d�&uA!�r!�n+e pe�o�eR�e .
<br /> �ye���nd agreements ot DusioR whelhe�artot s�fonh hereln. -
<br /> !Q1 p�rforr�an�,c6scherge of andoomPBarrce wfdi eo+ary tem►.aw+enan�obU9atlon and egreement d 7)ustor oontafned herefn a fiioorporated 6Y
<br /> �arenoe a e►+Y oU►or aecurity6isdument et anydme 8h�n to secuie the NoYa end
<br /> f���A�Y+►�of sll other sums or fuwr�edvanoes�w(fh/nterest Ihereon,whkh may he�ofole haYe been ahereaRe►be edvanced bY Be�Jdery ro
<br /> 7ivsmror 71usm�s arxxessrn Ulnteiest atlUa,
<br /> ell d whk�i/s herslnaflerco!lecLh�NcelledMe Inde�b(edrress;7h�o�Irre►nocebb Bra�+ta and bm�sfars ro JhrsteR,!n bust,Wf7H PaWER OF SAL�the
<br /> � Ap)foMring des�ibed P�P�M
<br /> The West Half (W1/2) of Lot �o (2) and all of the West Half (Wl./2) of Lot Four (4) excepting
<br /> the South Eight feet (S8') thereof. in Bloc�c Seven (7) in College Addition to Weat Lawn, ia
<br /> the City of Grand Island� Hall County, Nebraska.
<br /> tog�ther wtUi(Q slf buiWings�sbucdaes� eddltlonA enia�ement�mod��►a rePlaoemente�and fmprw�amems now wherealmr bcated tl►eison�
<br /> (!►)ery eq�/pmen;mechlnery end flxNres M�►+�8. W�Amltatlon.a9 Ughdn9.heaUng,ver+UlaNng,cooling,dr o�ndfUon/n8.aprinMh9 end plumbin8
<br /> /lxtmes�waflsr ertd pows�systems,e�B��������minors end mer�els�ca�peUng,himaoe�d!burna�a,ek+�ffia�s artd
<br /> ��oto��elrtg�etlm plants or u»fta�oommunlcatlor►sYstem�dJmamo.�;0'a�+sform�etecbica!equ�rnenG siom+end screen wlndonn;doas,awnings and
<br /> ahades)nav a herea/te►attecAed tA or buUt/n.enY 6u0d1►z9�mP�ment almprw�ement mw a hereaRer facatad thereon�(!!q aU easemerna errd dghts W
<br /> ►vaY�p�v�nent the�ee0.(N)et1�ease�wldes�dgM,tltJe emi Irrtereat d 7(ustor/n and ro eff lease�whether naw a Nereatter mdsdi+8or entered Into
<br /> (lnduW►g.wlthout Nmltetlor+,el/cssh and securAY dePositB�advance eon►als and deposfte a l�Ymenitt W a slmllAraetulBl,P���nB tl+e►eto�,h1 ell re�
<br /> lssuas�P�l'ita enai leoome tlrerehom(sub�ect M Gie dght of Tlostor tv oo�ect ena►ePPN��ents�lssues�pmfrts endlmm�me ss tlieY��due end
<br /> peyebfe so lang as no e�e►rt W de/ault a�dsFa herounderb fv9 e0 royalLte�mtneral,ot!ertd 9as rlghts and P�1tst rrater,wete�dgt�at and water atxk,Nin ed
<br /> ' or I�����n8lrrto�a�de/ms(IncNdl��!JimftatJn o�proce�ds otlesuianoe end�s na7on awardsj�e►1�
<br /> whtd�is Nera+naRer oodecffwlY celled the"Auat Arol�N"•
<br /> 7t�PR07ECf 7HE SECURII'YOF fH/SDEEDOF 1FtfIST,TRUS71�RC01IEAlANTS AND AOREES AS FOLLOWS:
<br /> 1. Titla 7tusta caenant&waneme snd egrees wJtl+BeneHctarK lls s�oa�s�and essJgn�q tliat]lusta owna tAe Ta�st ProPertY tnehom eaYP�orllen
<br /> a enCUmbrence�that thfa Oeeao/7hrst!s end wlll remafn a valld m�d e�able Brst llen on the 71ust ProAeNK thet Tlrtsto�et ltdmrpense�w!!f
<br /> presen�o such tide and w!!!maUAaJn tlds Deed d Tlust ss a fl►st endparamoun!1len upon the Tht+#Ampe�ty end witl fore�rer watrant ar+d defertd ihe
<br /> v�rauyerrd pro�yora,e aen ne,eora�atnsrne aarir,s aa�rpersons end�es wrromso�e.n�seu eras e�ensa w�n causeads needa rt�s4
<br />— errd ead►emendment a suppkmenthe�efq to be Nted end reco�ded es a►»a{qe9a of the 7iust P�apertyln such marrner snd In such Place snd w1U
<br /> ' take such acUOn as fn the op►nbn af Tiustee r►reybe requlred by enYR+eseM or luturs lawln older to perlect,melMaln end proteuUrs(!en M this Desd
<br /> — d 71s�a;es the saa�e may ba mr�ended o�suppkme�rted from tlme to tlma 7)usto�will matce sucJr Iurther essmarrce oress�irences to pe�its tiUUe ro
<br />-- �ye�p�,np�y,a�msy,be roqu/radby Bateflctery,7►ustor he�ebyrellnQu►shes elt rfgM of daw+ar ead homestead ln snd tn rhe 7iust Piopeny.
<br /> 2 Pgymental/r+debtedness 7lusto�shW PuncdralyPBY M+B P�G�df�al ot end Interost on the lndebtedness secured hereby.
<br />=; 3 fbnatructlon oflmprousmenta,LusLorshallcomplefe!n goodend nnrkmsnlike man►rer any bu!ldl�lmprawments o�repa(►s rttlaYtlag therofo whtch
<br /> may be begun on the llvst Property a contempleted 4y tlre ban evldenced by Ohe Nofe secured herebyR to pay whan due sllcosts end Usb�11tles
<br />—_ lncu�d dte�elorei,end nof to pem�+lt eny consLracCOn Ilen sgalns!axh T}ust P►opeKf•In!he euent conatrucUon o!bnHdinga Impia�r+ents or repafia
<br />,�a ere contemPleted�uator 81so egree�erryfAtng In this Deed at Tmst to tlre Contrsry aotwifhstar�ding;(e)to PromPnY commerxe eM sud►work artd to
<br />� complefe the prvposed(mproNamenta pra�(D)to compfete the same M aocotdance wlfh Me pfans end speclNcetlons as eppiwed by 8eneftclaqS
<br /> (c)to comPly w(th sq the terms of a DuDding laan sgreeme�H any{between 7lusror and 8enefklaryR fhe te�rns of whlch ere lncoryorated herelrt bY
<br /> — referance end made a part heteof. (�to ellKav Benefldary tolnspect fhe 71ust ProPe+tY e!alf tlmes dudng consbudion�errd(e)to rep/sce a►N wn�ic a
<br /> � ------ ---�--rn aano�rlan wtu,fn fUmen Hb]dms eft8rwdtten noUce Irom BenetlGary�such leCt
<br />..�� ..�ww.���..��. .
<br /> ° � Funds for Peyment o!Chstgsa 5ut�x to epRJlcaWe law o�ro e written waA�e►by Benetfda►Y,�►astor shell pay ro Beneflclary on me mst cay oP eaa►�
<br /> mo�.or such other date each madh as mey be spedNed bY BeneAda�f%untll the Indebtedness is Petdln lull,a sum(herelnafter called Me"Funtls'�
<br /> � oqu8l ro 1H2M of fhe yearly ta�aes end assessmer+ts whkh may eCa/n prlorlry over fhfs Da�ofm�stellme ts fa mor(qage Insuianc:et enY.��1:A�s
<br /> 1/12tl+of the Ye�NArem/um insta//ments fa hamrd Insurance�P1us t/12M of the Ye8►�Y P�
<br /> �} reasonaby estlmated lnFNaly and/mm tlme to Nme by BeaeflcJary an tlre basts of assesamenis end bllls e»d reasonab(e estlmates thersot.Tf+e Funds
<br /> shall be held(n an i�stltutlon,lhe deposKs or ecoouMe of whfcii eie Insured o�gus►enteed by s taderel a state eger+aY lndudtng Beneffdary.
<br /> Beneficlery shall ePP�Y the Funds topey sa'd taze�esse�+t&Nsu�+nc�pramiums and grourrd rems Benefldary shall not be►oQulrad ro peY
<br /> 7iusror sny Interest o►esmfrrBs on the Fu►Ms.Beneflaary shalf gNe to 7►ustob w!lhout charge an ennuel eccountlng o/the Wnds show:ng.^•tedits snd
<br /> deblts to tlrs Funds snd the purpose for whlClt each debtt to Hra Wnds was ,nada 7Ae funds e�e ptedged as add'�lonal axurlry lor!he Indebtedness
<br /> secu�gd py Ay(a peed of 7iust p the emotmt of the Funds held 0y Be»efidary,togeiher with the future monthy fnstaUments of Funds payable prbr to
<br /> the due dates of taxe�essossrner+t�lesmartce premfums and grourtd rent�ahe�l exceed tl+e amourrt requlred lo pay setd texea essesament�
<br /> Insu�prem/ums end ground rents es they�felt due�svch ex�cess shall be�at Trosto�'s optlon,efNer prompty►epald to Dustar or cred'rted to Lusta
<br /> !VC t2iB)MTO(ft.gy72077D)
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