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PROPERTY ADDRESS% 207 Sunny.. Dr. , Doniphan NE 68832
<br />Together wlth all buildings, Improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances
<br />located thereon or In anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, and such personal
<br />property that is attached to the Improvements so as to constitute a fixture, including, but not limited to, heating and cooling equipment;
<br />and together with the homestead or marital Interests, if any, which interests are hereby released and waived; all of which, including
<br />replacements and additions thereto, Is hereby declared to be a part of the real estate secured by the lien,of this Deed of Trust and all of
<br />the foregoing being referred to herein as the "Property ".
<br />This Deed of Trust shall secure'(a) the payment of the principal sum and interest evidenced by a promissory note or credit
<br />agreement dated January 30, 3002 , having a maturity date of December 31, 2003
<br />In the original principal amount of b_ 125,000.00 , and any and all modifications, extensions and renewals
<br />thereof or thereto and any and all future advances and readvances to Borrower (or any of them if more than one) hereunder pursuant to
<br />one or more promissory notes or credit agreements (herein called "Note "); (b) the payment of other sums advanced by Lender to protect
<br />the security of the Note; (c) the performance of all covenants and agreements of Trustor set forth herein; and Id) all present and future
<br />Indebtedness and obligations of Borrower (or any of them If more then one) to Lender whether direct, Indirect, absolute or contingent
<br />and whether arising by note, guaranty, overdraft or otherwise, The Note, this Deed of Trust and any and all other documents that secure
<br />the Note or otherwise executed In connection therewith, Including without limitation guarantees, security agreements and assignments
<br />of leases and rents, shall be referred to herein as the "Loan Instruments ".
<br />Trustor dovenants and agrees with Lender as follows:
<br />1. Payment of Indebtedness. All Indebtedness secured hereby shall be paid when due.
<br />2, Title. Trustor Is the owner of the Property, has the right and authority to convey the Property, and warrants that the lien created
<br />hereby Is a first and prior lien on the Property, except for (lens and encumbrances set forth by Trustor in writing and delivered to Lender
<br />before execution of this'Deed of Trust, and the execution and delivery of this Deed of trust does not violate any contract or other
<br />obligation to which Trustor Is subject.
<br />3. Taxes, Assessments. To pay before delinquency all taxes, special assessments and all other charges against the Property now or
<br />hereafter levied.
<br />4. Insurance; To keep the Property Insured against damage by fire, hazards, Included within the term "extended coverage ", and
<br />such other hazards'as'Lender may require, in amounts and with companies acceptable to Lender, naming Lender as an additional named
<br />Insured, with loss payable to the Lender. In case of loss under such policies, the Lender Is authorized to adjust, collect and compromise,
<br />all claims thereunder and shall have the option of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby
<br />and In such order as Lender may determine, (11) to the Trustor to be used for the repair or restoration of the Property or (Ili) for any other
<br />purpose or object satisfactory to Lender without affecting the lien of this Deed of Trust for the full amount secured hereby before such
<br />payment ever took place. Any application of proceeds to Indebtedness shall not extend or postpone the due data of any payments under
<br />the Note, or cure any default thereunder or hereunder.
<br />6, Escrow. Upon written demand by Lender, Trustor shall pay to Lender, In such manner as Lender may designate, sufficient sums
<br />to enable Lender to pay as they become due one or more of the following: (i) all taxes, assessments and other charges against the
<br />Property, (11) the premiums on the property Insurance required hereunder, and (111) the premiums on any mortgage Insurance required by
<br />Lender.
<br />6. Maintenance, Repairs and Compliance with Laws. Trustor shall keep the Property in good condition and repair; shall promptly
<br />repair, or replace any Improvement which may be damaged or destroyed; shall not commit or permit any waste or deterioration of the
<br />Property; shall not remove, demolish or substantially alter any of the Improvements on the Property; shall not commit, Buffer or permit
<br />any act to be done In or upon the Property In violation of any law, ordinance, or regulation; and shall pay and promptly discharge at
<br />Trustor's cost and expense all liens, encumbrances and charges levied, Imposed or assessed against the Property or any part thereof.
<br />NIC8487A (Nonegdoulturtd Dud) Rev, 19187
<br />0 1908 National Bonk of Commerce Trust and Savings Association, Lincoln, Nebraska
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<br />A { DEED' OF TRUST WITH FUTURE ADVANCES
<br />0
<br />THIS DEED OF TRUST, Is' made as of the 30th day of January
<br />2001 y and among
<br />the Trustor, CharI'ds, W 'Hastings and Carolyn E. Hastings, Husband & Wife
<br />,
<br />whose mailing sal a t,. ;..20.7 ;,S,unny Dr, Doniphan NE 68832 (herein Trustor" whether one or more),
<br />C
<br />the Trustee, •, Dnhi HA g+ i n a g
<br />,
<br />whose mailing address is o 410 S au t h- E Road, G i 1 t o e r, NE 68841
<br />(herein "Trustee"), and
<br />the Beriaficiery;"I p'�.;tn,bs ,.
<br />,
<br />South E. Road, Giltner, NE 68841
<br />`
<br />whose mailing address Is
<br />(herein "Lender ").
<br />FOR VALUABLE CONSIDERATION, Including Lender's extension of credit identified herein to
<br />`Cha1r1Vs' 'W' find Carolyn E Hastings
<br />(herein "Borrower ", whether one or more) and the trust herein created, the
<br />receipt of which is hereby acknowledged, Trustor hereby Irrevocably grants, transfers, conveys and assigns to
<br />Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set forth, the real
<br />property, described as follows:
<br />Lot Eight (8), Whi -tes Sunny Slopes Subdivision, in the town
<br />of Doniphan,
<br />Hall -Caunty ; -Ndbraska.
<br />PROPERTY ADDRESS% 207 Sunny.. Dr. , Doniphan NE 68832
<br />Together wlth all buildings, Improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances
<br />located thereon or In anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, and such personal
<br />property that is attached to the Improvements so as to constitute a fixture, including, but not limited to, heating and cooling equipment;
<br />and together with the homestead or marital Interests, if any, which interests are hereby released and waived; all of which, including
<br />replacements and additions thereto, Is hereby declared to be a part of the real estate secured by the lien,of this Deed of Trust and all of
<br />the foregoing being referred to herein as the "Property ".
<br />This Deed of Trust shall secure'(a) the payment of the principal sum and interest evidenced by a promissory note or credit
<br />agreement dated January 30, 3002 , having a maturity date of December 31, 2003
<br />In the original principal amount of b_ 125,000.00 , and any and all modifications, extensions and renewals
<br />thereof or thereto and any and all future advances and readvances to Borrower (or any of them if more than one) hereunder pursuant to
<br />one or more promissory notes or credit agreements (herein called "Note "); (b) the payment of other sums advanced by Lender to protect
<br />the security of the Note; (c) the performance of all covenants and agreements of Trustor set forth herein; and Id) all present and future
<br />Indebtedness and obligations of Borrower (or any of them If more then one) to Lender whether direct, Indirect, absolute or contingent
<br />and whether arising by note, guaranty, overdraft or otherwise, The Note, this Deed of Trust and any and all other documents that secure
<br />the Note or otherwise executed In connection therewith, Including without limitation guarantees, security agreements and assignments
<br />of leases and rents, shall be referred to herein as the "Loan Instruments ".
<br />Trustor dovenants and agrees with Lender as follows:
<br />1. Payment of Indebtedness. All Indebtedness secured hereby shall be paid when due.
<br />2, Title. Trustor Is the owner of the Property, has the right and authority to convey the Property, and warrants that the lien created
<br />hereby Is a first and prior lien on the Property, except for (lens and encumbrances set forth by Trustor in writing and delivered to Lender
<br />before execution of this'Deed of Trust, and the execution and delivery of this Deed of trust does not violate any contract or other
<br />obligation to which Trustor Is subject.
<br />3. Taxes, Assessments. To pay before delinquency all taxes, special assessments and all other charges against the Property now or
<br />hereafter levied.
<br />4. Insurance; To keep the Property Insured against damage by fire, hazards, Included within the term "extended coverage ", and
<br />such other hazards'as'Lender may require, in amounts and with companies acceptable to Lender, naming Lender as an additional named
<br />Insured, with loss payable to the Lender. In case of loss under such policies, the Lender Is authorized to adjust, collect and compromise,
<br />all claims thereunder and shall have the option of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby
<br />and In such order as Lender may determine, (11) to the Trustor to be used for the repair or restoration of the Property or (Ili) for any other
<br />purpose or object satisfactory to Lender without affecting the lien of this Deed of Trust for the full amount secured hereby before such
<br />payment ever took place. Any application of proceeds to Indebtedness shall not extend or postpone the due data of any payments under
<br />the Note, or cure any default thereunder or hereunder.
<br />6, Escrow. Upon written demand by Lender, Trustor shall pay to Lender, In such manner as Lender may designate, sufficient sums
<br />to enable Lender to pay as they become due one or more of the following: (i) all taxes, assessments and other charges against the
<br />Property, (11) the premiums on the property Insurance required hereunder, and (111) the premiums on any mortgage Insurance required by
<br />Lender.
<br />6. Maintenance, Repairs and Compliance with Laws. Trustor shall keep the Property in good condition and repair; shall promptly
<br />repair, or replace any Improvement which may be damaged or destroyed; shall not commit or permit any waste or deterioration of the
<br />Property; shall not remove, demolish or substantially alter any of the Improvements on the Property; shall not commit, Buffer or permit
<br />any act to be done In or upon the Property In violation of any law, ordinance, or regulation; and shall pay and promptly discharge at
<br />Trustor's cost and expense all liens, encumbrances and charges levied, Imposed or assessed against the Property or any part thereof.
<br />NIC8487A (Nonegdoulturtd Dud) Rev, 19187
<br />0 1908 National Bonk of Commerce Trust and Savings Association, Lincoln, Nebraska
<br />
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