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<br />. 86-- 103987
<br />DEED OF TRUST
<br />THIS DEED OF TRUST, made-this > ist day of July , 1986 between
<br />Louis Jankovitz, a single person
<br />as Trustor,
<br />ft*T r Sw !jowl AN Wftrir Owohn. Hokulm
<br />u Trustee. and
<br />FwdnK Niank.'Ptlrallofial Assoclallottr Cknwjw Habtasl
<br />as Beneficiary:
<br />wiTNEmFTH:
<br />That Trustor irrevocably grants, transfer@ and assigns to Trtistee intrust, with power of sale, the following described property:
<br />The Southerly Sixty Six Feet (6 {, *} of Lot Eight (3) , and the
<br />Southerly Sixty Six Feet (66') of the Easterly Mine Feet (9')
<br />of Lot Seven (7), in Block Sixty Nine (69), 1:1 Original Town
<br />now City of Grand Island, Hall Counts, Nebraska.
<br />together with all interest which Trustor now has or may hereafter acquire in and to said property and in and to: (a) all ease-
<br />ments 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 interestof
<br />Trustor in and to all leases or subleases thereof or any portion thereof now or hereafter existing or entered into, and all right,
<br />title, and interest of Trustor thereunder, including, without limitation, all cash or security deposits, advance rentals, and de-
<br />posits or payments of similar nature, and (d) all mineral, oil, gas rights and profits, water, water rights, and water stock.
<br />Trustor agrees to execute and deliver, from time to time, such further instruments as may be requested by Beneficiary in form
<br />and substance satisfactory to Beneficiary to confirm the lien of this Deed of Trust on any of the aforementioned property. The
<br />property so conveyed to Trustee hereunder is hereinafter referred to as "such property ".
<br />The Trustor absolutely and irrevocably grants, transfers and assigns to Beneficiary the rents, income, issues, and profits of
<br />all property covered by this Deed of Trust.
<br />FOR THE PURPOSE OF SECURING:
<br />1. Payment of the principal sum of . Twenty: nine thousand one `iun:ircd twenty five and 60/100 --
<br />---- - - - - -- (529,1_'5.60) Dollars- --- - - - - -- _
<br />evidenced by the certain promissory note dated of even date herewith (hereinafter referred to as the "Promissory Note ")
<br />executed by YirsTier Bank Nati.onai Association. C?rnal:a
<br />in said amount and payable to the order of Beneficiary maturing on tl•: !. r 1 + 7
<br />together with interest thereon, late charges, and prepayment bonuses according to the terms of the Promissory Note and all
<br />renewals, extensions, and modifications thereof.
<br />2. Performance, discharge of and con:;,liance. with every obligation, covenant and agreement of Trustor incorporated by ref-
<br />erence or contained herein or in any other security agreement or deed of trust at any time given to secure any indebtedness
<br />hereby secured, or any part thereof.
<br />3. Payment of all fees and charges of Beneficiary or Trustee, whether or not set forth herein.
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR COVENANTS:
<br />TITLE: That it is lawfully seized and possessed of a good and indefeasible title and estate to all of such property in fee simple
<br />free from any prior lien or encumbrance, has good right and lawful authority to convey the same, and will forever warrant and
<br />defend the title thereto against the claims and demands of all persona whosoever, that it will, at its expense, maintain and pre-
<br />serve the lien of this Deed of Trust as a first and paramount lien upon such property.
<br />MAINTENANCE: To keep such property in good condition and repair: to complete or restore promptly and in good and
<br />workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay, when due, all claims
<br />for labor performed and materials furnished therefor and for any alternations thereof: to comply with the provisions of all
<br />insurance policies covering said premises, to comply with all laws, ordinances, regulations, covenants, conditions and restric-
<br />tions affecting such property. not to remove, demolish or materially alter any building, or the character or use thereof at any
<br />time thereon: not to drill or extract nor to permit the drilling for or extraction of oil, gas or other 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 />thereof or anv act upon such property in violation of law: to do all other acts in a timely and proper manner which from the
<br />character or use of such proFerty may be reasonably necessary to protect and preserve said security, the specific enumerations
<br />herein not excluding the general.
<br />(:'{iN TRUC. T1Oti {iF IMI1RtaV1EME VTR+: To complete in {tt>xl and workmanlike manner anv building or Improvement or
<br />repair relating thereto which may be begun on such property or contemplated by the loan secured hereby, to pay when due all
<br />o*ts An-d Iiahth tie% encurrrd therefor, and not t.o;wrrntt any me'haenc's Iien against such property. Trustor nlsn agrees, any
<br />tlttttg to this I'ii-ei s4 Trtsst to the ontraty notwithstanding: (a) to promptly commence w,irk and to complete the protxree.? ion
<br />,ern enarntn prvrritstiv, rt to i,000vjrte satnt. i it acrnr,la nc r w it h ill a n+ and . per I firatlonl as at, pvwed by lie nefic't:: rc,= ,t sinrn
<br />hiy =kith ail 1 the term. 4 ,irty t•usidenot It,an agreement between Trustor and ileneficiav ,ate terns of H'htch are tnc"rttorated
<br />•n irc rs•f r.- .,�..., ..., gins cxii,nt a. If ful ly ,r,t f—th heroin rind rrsxde a t.ar„ <s,s ti,. ,r@1 .a: Trust. & to all t w 14neficra.•.
<br />,. V,- -F s;k+_^ ;- >F'�t^p rt , L �i) < rn rR �t td. 1,.j( ".ir:R tC:I<'-!on. artU r �a t l «4(,' ., ,+ .!k ... et .,.• xt_ .,.v,ir w�.l+'t�rl'1' I•.' Ile .t
<br />f, rtt ofl f.arrti ,',I '+ivw ,v t`YHr w Wten n,, ltv P Irwin Itenefiern ry� d r, ;0j f>, a n< tt . , c ir,ett •.,• �i,rn ,. 1 r,,,,tr,: k.t r�q
<br />==al -r.; •�r gait .o:l ?e? r! _ ,: ^?t lt, h3u ia!nt kns>A'4i a llireAw, it i. 73etwm SSi ( C., teas nsr
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