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DFFD OF -TRUST
<br />'Phis HERD OF TRUST is made as of the 23` day of May, 2002 by and among the Trustor, Kevin L. and
<br />Tonja A Carry, I lusband and Wife, whose mailing address for purposes of this Decd of Trust is 4024 W. Faidley
<br />Ave. Grand Island. Nebraska 68803 (herein, "Trustor". whether one or more), the Trustee, ARFND R_ BAACK,
<br />Attorney at Law, a member of the Nebraska State Bar Association, whose mailing address is P. O_ Box 790, Grand
<br />Island, NR 68802 -0790 (herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN
<br />ASSOCIA'I ION Olr GRAND ISLAND, whose mailing address is P. O. Box 1009, Grand Island, NE 68802 -1009
<br />(herein "Lender ").
<br />O
<br />1'OR VAI.FABLE CONSIDERATION, including Lender's extcnsinn of credit identified herein to Kevin
<br />L. unit Tonja L Carey (herein "Borrower ", whether one or mote), and the trust herein created, the receipt of which is
<br />hereby acknowledged, 'Trustor hereby irrevocable grants, transfers, conveys and assigns to I to see, IN 'I'itUST,
<br />WII'I I I'OWFR OF SALE, far the benefit and security ofthe Lender, under and subject to the temps and conditions
<br />hereinafter set forth, legally described as follows
<br />Lot Six (6), Westwood Park fourth Subdivision, in tm City of Grand Island, Hall County,
<br />Nebraska:
<br />together with all buildings, improvements, fixwres, xrects, alleys, passageways, casements, rights, privileges and
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and
<br />remainders thereof. and such personal property that is attached to the improvements sit as to aastitute a fixture,
<br />including, but not limited to. heating and cooling equipment and together with the homestead or marital interests, if
<br />any, which interests are hereby released and waived, all of which, including replacements and additions thereto, is
<br />hereby declared to he a part of the real estate secured by tine lien of this Deed of Trust and all of the Iuregeimg being
<br />rcfcnvd to herein as the "Property " -
<br />I his Decd of Trust shat) secure (a) the payment of the principal sum and interest evidenced by a Note dated
<br />Mav 231 tl, 2002, having a too writy date of May 23. 2012, in the original principal amount ofThirty FighI I hit. sort d
<br />and 00 /100 Dollars ($38,000 00)_ and any and all modificatimo, extensions and renewals thereof oi thereto and any
<br />and all fultre advances and re- advances to Borrower (or any ofthem if more thou one) hereunder pursuant to one of
<br />more promissory notes or credit agreements (herein called "Note "): (b) the payment of other suns advanced hN
<br />Lender to protect the security of the Nate; (c) the perbrinance of all covenants and agreements of rustor set forth
<br />herein; and (d) all present and future indebtedness and obligations of Borrower (or any of t ena if more than one) to
<br />Lender whether direct. indircd, absolute or contingent and whether arising by note, guaranty, overdraft or
<br />otherwise. The Note, this Deed of rust and any and If niher documents that secure the Note m otherwise executed
<br />in connection thcrewltlr including without limitation guarantees, security agreements and assigmncats of leases and
<br />rents, shall be referred to herein as the "Lean Instruments"
<br />IRUSTOR COVENANTS AND AGREES WffH LENDER AS FOLLOWS.
<br />I. Payment of Indebtedness. All indebtedness secured hereby shall be paid when due.
<br />Title_ truster is the owner of the Property, has the right and authority to convey the property and
<br />warrants that the lien created hereby is a first and prior lien on the Property and the execution and del lvery of the
<br />Deed of 'il'ast does nut violate an s contract or other obl igati on to which I rustor is subject
<br />3. Taxes Assessments. l'o pay before delinquent all taxes, special assessments and all other charges
<br />against the Properly now or hereallei levied.
<br />4. Insurance . to keep the Property insured against damage by lire hazards included with the term
<br />",vtended coverage" and such other hazards as Lender may require in amounts and with companies acceptable to
<br />Lander, naming Lcndcr as in additional named insured with loss payable to the Lender. In case of loss nnder such
<br />policies, the Lender is authorized to adjust, collect and cunhprounise all claims thereunder and shall have the option
<br />of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby and in such order as Lender
<br />may determine, (ti) to the 'Trustor to he used for the repair m restoration of the Property , or (iii) for any other
<br />purpose or ub'lect satisfactory to Lender without affecting the lien of Ibis Dccd of Tnrvt fur the full amount secured
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<br />DFFD OF -TRUST
<br />'Phis HERD OF TRUST is made as of the 23` day of May, 2002 by and among the Trustor, Kevin L. and
<br />Tonja A Carry, I lusband and Wife, whose mailing address for purposes of this Decd of Trust is 4024 W. Faidley
<br />Ave. Grand Island. Nebraska 68803 (herein, "Trustor". whether one or more), the Trustee, ARFND R_ BAACK,
<br />Attorney at Law, a member of the Nebraska State Bar Association, whose mailing address is P. O_ Box 790, Grand
<br />Island, NR 68802 -0790 (herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN
<br />ASSOCIA'I ION Olr GRAND ISLAND, whose mailing address is P. O. Box 1009, Grand Island, NE 68802 -1009
<br />(herein "Lender ").
<br />O
<br />1'OR VAI.FABLE CONSIDERATION, including Lender's extcnsinn of credit identified herein to Kevin
<br />L. unit Tonja L Carey (herein "Borrower ", whether one or mote), and the trust herein created, the receipt of which is
<br />hereby acknowledged, 'Trustor hereby irrevocable grants, transfers, conveys and assigns to I to see, IN 'I'itUST,
<br />WII'I I I'OWFR OF SALE, far the benefit and security ofthe Lender, under and subject to the temps and conditions
<br />hereinafter set forth, legally described as follows
<br />Lot Six (6), Westwood Park fourth Subdivision, in tm City of Grand Island, Hall County,
<br />Nebraska:
<br />together with all buildings, improvements, fixwres, xrects, alleys, passageways, casements, rights, privileges and
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and
<br />remainders thereof. and such personal property that is attached to the improvements sit as to aastitute a fixture,
<br />including, but not limited to. heating and cooling equipment and together with the homestead or marital interests, if
<br />any, which interests are hereby released and waived, all of which, including replacements and additions thereto, is
<br />hereby declared to he a part of the real estate secured by tine lien of this Deed of Trust and all of the Iuregeimg being
<br />rcfcnvd to herein as the "Property " -
<br />I his Decd of Trust shat) secure (a) the payment of the principal sum and interest evidenced by a Note dated
<br />Mav 231 tl, 2002, having a too writy date of May 23. 2012, in the original principal amount ofThirty FighI I hit. sort d
<br />and 00 /100 Dollars ($38,000 00)_ and any and all modificatimo, extensions and renewals thereof oi thereto and any
<br />and all fultre advances and re- advances to Borrower (or any ofthem if more thou one) hereunder pursuant to one of
<br />more promissory notes or credit agreements (herein called "Note "): (b) the payment of other suns advanced hN
<br />Lender to protect the security of the Nate; (c) the perbrinance of all covenants and agreements of rustor set forth
<br />herein; and (d) all present and future indebtedness and obligations of Borrower (or any of t ena if more than one) to
<br />Lender whether direct. indircd, absolute or contingent and whether arising by note, guaranty, overdraft or
<br />otherwise. The Note, this Deed of rust and any and If niher documents that secure the Note m otherwise executed
<br />in connection thcrewltlr including without limitation guarantees, security agreements and assigmncats of leases and
<br />rents, shall be referred to herein as the "Lean Instruments"
<br />IRUSTOR COVENANTS AND AGREES WffH LENDER AS FOLLOWS.
<br />I. Payment of Indebtedness. All indebtedness secured hereby shall be paid when due.
<br />Title_ truster is the owner of the Property, has the right and authority to convey the property and
<br />warrants that the lien created hereby is a first and prior lien on the Property and the execution and del lvery of the
<br />Deed of 'il'ast does nut violate an s contract or other obl igati on to which I rustor is subject
<br />3. Taxes Assessments. l'o pay before delinquent all taxes, special assessments and all other charges
<br />against the Properly now or hereallei levied.
<br />4. Insurance . to keep the Property insured against damage by lire hazards included with the term
<br />",vtended coverage" and such other hazards as Lender may require in amounts and with companies acceptable to
<br />Lander, naming Lcndcr as in additional named insured with loss payable to the Lender. In case of loss nnder such
<br />policies, the Lender is authorized to adjust, collect and cunhprounise all claims thereunder and shall have the option
<br />of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby and in such order as Lender
<br />may determine, (ti) to the 'Trustor to he used for the repair m restoration of the Property , or (iii) for any other
<br />purpose or ub'lect satisfactory to Lender without affecting the lien of Ibis Dccd of Tnrvt fur the full amount secured
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