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DEED OF TRUST WITH FUTURE ADVANCES (� \.
<br />THIS DEED OF TRUST, is made as at the loth day of April, 2002, by and among BRADLEY D. BLAKE and ANGELA M.
<br />BLAKE, husband and wife , the Trustor, whose mailing address Is 3007 COLONIAL LANE, GRAND ISLAND, NE 60803 (herein
<br />"Trustor ", whether one or more), the Trustee NEBRASKA ENERGY FEDERAL CREDIT UNION whose melting address is,
<br />1414 16TH STREET COLUMBUS, NE 68601 (herein "Trustee "), and the Beneficiary, NEBRASKA ENERGY FEDERAL CREDIT
<br />UNION, whose mailing address is 1414 15TH STREET COLUMBUS, NE 68601 (herein "Lender").
<br />FOR VALUABLE CONSIDERATION, Including Lenders extension of credit Identified herein to BRADLEY D. BLAKE antl ANGELA M.
<br />BLAKE (herein "Borrower ", whether one or more) and the trust herein created, the receipt of which is hereby acknowledged, Trustor
<br />hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Lender, under and subject to the terms and conditions hereinafter set forth, the real property, described as follows:
<br />Lot Seven (7), Colonial Estates Eighth Subdivision, in the City of Grand Island, Hell County, Nebraska.
<br />Together with 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 sa as to constitute a fixture, ncluding, 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 addhions thereto. Is hereby declared to be a part of the real estate secured by the lien of this Dead of Trust and all of
<br />the foregoing being referred to harem 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 agreement
<br />dated April 10th, 2002 having a maturity date of April 25, 2007, In the original principal amount of $172,000.00, and any
<br />and all modffications, extensions and renewals thereof or thereto and any and all future advances and readvances to Borrower (or any of
<br />them h more than one) hereunder pursuant to one or more promissory notes or credit agreements (herein called "Nate "); (b) the payment
<br />of other sums advanced by Lender to protect the security of the Note; (c) the performance of all covenants and agreements of Truster
<br />set forth herein; and (d) all present and future indebtedness and obligations of Borrower (or any of them it more than one) to Lender
<br />whether direct, Indkect, absolute or contingent and whether arising by note, guaranty, overdraft or otherwise. The Note, this Deed of Trust
<br />and any and all other documents that secure the Not. or otherwise executed In connection therewith, including without limitation
<br />guarantees, securfly agreements and assignments of leases and rents, shall be referred to herein as the "Loan Instruments ".
<br />Trustor covenants and agrees with Lender as follows:
<br />1. Payment of Indebtedness. All indebtedness securetl hereby shall be paid when due.
<br />2. Title. Trustor Is the owner of the Property, has the right and authority to convoy the Property, and warrants that the lien created
<br />hereby is a first and prior Ilan on the Property, except for liens 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 whk:h Trustor Is subject.
<br />3. Taxes, Assessments. To pay before delinquency all taxes, special assessments and all other charges against the Property
<br />now or 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, m amounts and with companies acceptable to Lander, naming Lender as an additional named
<br />insured, with loss payable to the Lender. In case of loss under such polbks, the Lender Is authorized to adjust, collect and compromise,
<br />all claims thereunder and shall have Me 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, Hiff to the Trustor to be used for the repair or restoration of the Property or (lit) for any other
<br />purpose or object satisfactory to Lender without affecting the lien of this Dead 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 date of any payments under
<br />the Note, or curb any default thereunder or hereunder.
<br />5. 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: (1) all taxes, assessments and other charges against the
<br />Property, fill the premiums on the property Insurance required hereunder, antl (tit) the premiums on any mortgage Insurance required by
<br />Lander.
<br />6. Maintenance, Repairs and Compliance with Laws. Trustor shall keep the Property in good condition and repair;
<br />shall promptly repair, or replace any improvement which may be damaged or destroyed; shall not commit or permit any waste or
<br />deterioration of the Property; shall not remove, demolish or substantlelly after any of the improvements on the Property; shall not commit,
<br />suffer or permit any act to be done in or upon the Property in violation of any law, ordinance, or regulation; and shall pay and promptly
<br />discharge at Tmstois cost and expense all lens, encumbrances and charges levied, imposed or assessed against the Property or any
<br />part thereof.
<br />7. Eminent Domain. Lender is hereby assigned all compensation, awards, damages and other payments or relief (hereinafter
<br />"Proceeds") inconnection with condemnation or other taking of the Property or part thereof, or for conveyance In lieu of condemnation.
<br />Lander shall be entitled at its option to commence, appear to and prosecute In its own name any action or proceedings, and shall also
<br />be entitled to make any compromise or settlement in connection with such taking or damage. In the event any portion of the Property is
<br />so taken or damaged, Lender shell have the option, in its sole and absolute discretion, to apply all such Proceeds, after deducting
<br />therefrom all costs and expenses incurred by h in connection with such Proceeds, upon any indebtedness secured hereby and in such
<br />order as Lentler me determine, or to apply all such Proceeds, after such deductions, to the restoration of the Property upon such
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<br />DEED OF TRUST WITH FUTURE ADVANCES (� \.
<br />THIS DEED OF TRUST, is made as at the loth day of April, 2002, by and among BRADLEY D. BLAKE and ANGELA M.
<br />BLAKE, husband and wife , the Trustor, whose mailing address Is 3007 COLONIAL LANE, GRAND ISLAND, NE 60803 (herein
<br />"Trustor ", whether one or more), the Trustee NEBRASKA ENERGY FEDERAL CREDIT UNION whose melting address is,
<br />1414 16TH STREET COLUMBUS, NE 68601 (herein "Trustee "), and the Beneficiary, NEBRASKA ENERGY FEDERAL CREDIT
<br />UNION, whose mailing address is 1414 15TH STREET COLUMBUS, NE 68601 (herein "Lender").
<br />FOR VALUABLE CONSIDERATION, Including Lenders extension of credit Identified herein to BRADLEY D. BLAKE antl ANGELA M.
<br />BLAKE (herein "Borrower ", whether one or more) and the trust herein created, the receipt of which is hereby acknowledged, Trustor
<br />hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Lender, under and subject to the terms and conditions hereinafter set forth, the real property, described as follows:
<br />Lot Seven (7), Colonial Estates Eighth Subdivision, in the City of Grand Island, Hell County, Nebraska.
<br />Together with 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 sa as to constitute a fixture, ncluding, 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 addhions thereto. Is hereby declared to be a part of the real estate secured by the lien of this Dead of Trust and all of
<br />the foregoing being referred to harem 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 agreement
<br />dated April 10th, 2002 having a maturity date of April 25, 2007, In the original principal amount of $172,000.00, and any
<br />and all modffications, extensions and renewals thereof or thereto and any and all future advances and readvances to Borrower (or any of
<br />them h more than one) hereunder pursuant to one or more promissory notes or credit agreements (herein called "Nate "); (b) the payment
<br />of other sums advanced by Lender to protect the security of the Note; (c) the performance of all covenants and agreements of Truster
<br />set forth herein; and (d) all present and future indebtedness and obligations of Borrower (or any of them it more than one) to Lender
<br />whether direct, Indkect, absolute or contingent and whether arising by note, guaranty, overdraft or otherwise. The Note, this Deed of Trust
<br />and any and all other documents that secure the Not. or otherwise executed In connection therewith, including without limitation
<br />guarantees, securfly agreements and assignments of leases and rents, shall be referred to herein as the "Loan Instruments ".
<br />Trustor covenants and agrees with Lender as follows:
<br />1. Payment of Indebtedness. All indebtedness securetl hereby shall be paid when due.
<br />2. Title. Trustor Is the owner of the Property, has the right and authority to convoy the Property, and warrants that the lien created
<br />hereby is a first and prior Ilan on the Property, except for liens 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 whk:h Trustor Is subject.
<br />3. Taxes, Assessments. To pay before delinquency all taxes, special assessments and all other charges against the Property
<br />now or 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, m amounts and with companies acceptable to Lander, naming Lender as an additional named
<br />insured, with loss payable to the Lender. In case of loss under such polbks, the Lender Is authorized to adjust, collect and compromise,
<br />all claims thereunder and shall have Me 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, Hiff to the Trustor to be used for the repair or restoration of the Property or (lit) for any other
<br />purpose or object satisfactory to Lender without affecting the lien of this Dead 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 date of any payments under
<br />the Note, or curb any default thereunder or hereunder.
<br />5. 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: (1) all taxes, assessments and other charges against the
<br />Property, fill the premiums on the property Insurance required hereunder, antl (tit) the premiums on any mortgage Insurance required by
<br />Lander.
<br />6. Maintenance, Repairs and Compliance with Laws. Trustor shall keep the Property in good condition and repair;
<br />shall promptly repair, or replace any improvement which may be damaged or destroyed; shall not commit or permit any waste or
<br />deterioration of the Property; shall not remove, demolish or substantlelly after any of the improvements on the Property; shall not commit,
<br />suffer or permit any act to be done in or upon the Property in violation of any law, ordinance, or regulation; and shall pay and promptly
<br />discharge at Tmstois cost and expense all lens, encumbrances and charges levied, imposed or assessed against the Property or any
<br />part thereof.
<br />7. Eminent Domain. Lender is hereby assigned all compensation, awards, damages and other payments or relief (hereinafter
<br />"Proceeds") inconnection with condemnation or other taking of the Property or part thereof, or for conveyance In lieu of condemnation.
<br />Lander shall be entitled at its option to commence, appear to and prosecute In its own name any action or proceedings, and shall also
<br />be entitled to make any compromise or settlement in connection with such taking or damage. In the event any portion of the Property is
<br />so taken or damaged, Lender shell have the option, in its sole and absolute discretion, to apply all such Proceeds, after deducting
<br />therefrom all costs and expenses incurred by h in connection with such Proceeds, upon any indebtedness secured hereby and in such
<br />order as Lentler me determine, or to apply all such Proceeds, after such deductions, to the restoration of the Property upon such
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