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<br />tower l new for the pep— of at"WE lahpwvm"Mo
<br />DEED OF TRUST -do Ina tt.ole In w" l" consk"on bvw*
<br />Wool Is afoul.
<br />THIS DEED OF TRUST. mods thin 9th dray of July , 19 87 , bdtw*M
<br />aTn der. The Muffler Shop, Inc.
<br />aTrseMs,mad FirsTier Bank, N.A.
<br />a FirsTier Bank, N.A.
<br />'NIT'N�E771:
<br />ThatTealsth ovesablygrant, itmoshmandsasm> igMtoTewMsin trust, withpowsrofeal % the feilowingdealrobed pope ty:
<br />Lot Four (4), Block Eighty Two (82) original town, now
<br />City of Grand Island, Hall County, Nebraska
<br />together with all interest which Truster now has or may hereafter acquire in and to said property and in and to: (a) all ease•
<br />aunts and rights of way appurtenant thereto; (b) all tenements, hereditaments, buildings, structures, improvements, fixtures,
<br />equipment, furnishings and appurtenances now or hereafter placed thereon; (c) all leasehold estate, right, title, and intereatof
<br />Trudor in and to aN lease or @%biomass thereof or any portion thereof now or hereafter existing or entered Into, and all right,
<br />title, and interest of Trostor thereunder, including, without limitation, all cash or security deposits, advance rentaM, and de-
<br />posits or ayments of similar natu% and (d) all mineral, oil, gas rights and profits, water, water rights, and water Nock.
<br />TruNor agrees le execute and deliver, from time to time, such forther instruments as maybe requested by Beneficiary inform
<br />ad eabstance md4fielory to Ssnoikiery to confirm the Neu of this Dead of Trust on any o f the afere "too d property. The
<br />property me lxnveyad to T Us hermader is hsrelnaAsr refirrsi to of "each property ".
<br />The Truster absolutely and irrevocably grants. traasbrs and swim to Boneficim the rests. imwms, lame. and profits of
<br />asst peepsety osvaad h toe Ilssd of Teat
<br />FOR THE PURPOSE OF SECURING.
<br />I Payment of the principal of Thirty Five Thousand One Hundred Forty Five and 44/100 –
<br />($35,145_441 nollarw
<br />evidenced by the certain promissory note dated of even date herewith (hereinafter rafared to pre the " Promissory Note")
<br />Issued by FirsTier Bank, N_A_
<br />in said amount and payable to the order of Beneficiary metering on January fie 19RR
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<br />together with htteresl tlaeeson. late charges, and preaymet bemuses acewdiag ts thetomw o f Um Promissory Notre and sm
<br />reswats, oatenelar", and meditkaWms thereof.
<br />E Performance, discharge *fond compliance with every obNgatian, covenant and agreement of Truster incorporated by ref-
<br />eeence w contained herein win any other security agreement or deed *(trust at any time given to secure any Indebtedness
<br />booby seem or any port thereof:
<br />* Payment of all fa ms and charm of BeoSciay or Teo loo. whether or not set forth herein.
<br />TO PROTECT THE SECURTTT OF THIS DEED OF TRUST. TRUSTOR COVENANTS:
<br />TITLE: That it's lawfully seized and possessed of s good and indefessible title and estate to all efsuch property in feeelmple
<br />free from any prior Jim or encumbrance, has good right and lawful authority to convey the same., and will forever warrant and
<br />a Is A the Rile therein against the claims and demands o f aN gorses whosoever. that it wK stits expose, maintain and pre•
<br />som the Non of this Deed of Trust as a first and paramount Has am mock property.
<br />MAINTENANCE: To keep such property in wood condition and repair, to complete or restore promptly and in good and
<br />workmanlike manna any building which may be constructed, damaged or destroyed thereon and to ay, when dus, all claims
<br />for labor pakrmed and materials furnished therefor and fir any alternations thereof, to comply with the provisions of all
<br />iaaaraece p nil elae covering amid premises, to comply with all , ordphaneda, regu{atione, rnwnants, oanditioue and restrict
<br />Roe affecting each property. not M remove, or materially aster any building. at the ch artctsr er pre thereof st any
<br />lima thereon; nut todrip or extroctnor to permit the drilling tororextraction *foil. gee orother hydrocarbon substances, water,
<br />or any mineral of any kind unless the written consent of Beneficiary is had and obtained; not to commit or permit any waste
<br />Nsnst er any act upon much property in violation *flow. to der aU Other acts in a thusly and props manner which from the
<br />dwedw er pre of wets property may be msona* nomswy ts protect and prsssnsaid secority, theepsclfk mmmoratisns
<br />haohn ad saddhhg the lateral
<br />CONSTRUCTION OF IMPROVEMENT'S: To complete in good and workmanlike manner any haildinw or improvement or
<br />repair ranting thereto which may be begun on such property or contemplated by the loan secured hereby, to ay when due all
<br />casts had liabilities incurred therefor, said not to permit any mechank's lion against each properly. Ttustor oleo agrees, any.
<br />thine in Rnis beet of Trod to the contrary notwithstanding; (a) Is promptly commence work and to complete the proposed bm
<br />irampety, lM to compiele sane in accordance with plans and epeciAcations an approved by tie adary. (c) to em.
<br />ply with *8 o f the evme of any WWog tan agreement between Truster and Beneficiary, the tams of whkh are incorporate
<br />herein by rvferrmre to the same extent w if fully sat firth herein and made a art of this 11►ed of Trost, (d) to alto* fleneficiary
<br />e„
<br />to inspect each property at ail tines daring construction, and (e) to repiace any work at materials unsatioractory to liens
<br />Aciwy, within fifteen t s,% days after written notice from Senditlwy of loch fact, which notice may be given to Trumor by new.
<br />islersd or aasrtiAsd mast, sat to his last known addrsee, or by personal sawko of the cams.
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