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<br />CQNT5td'3
<br />DPEtf OF TRt;sT _ _ _
<br />86— 104651
<br />This Decd of Trust is made this 1$ day of A119U8t _ 19 � ,, by and among , - j
<br />�10 `ri6 j l'aIY tr» and �ixl.' 4 � -Si W3 "y ^£ #�' __, hereinafter ref reed to ae Tiast`or, '
<br />obese mailing address Is �O' t Arend —
<br />,eg 1,a� hVn ¢ferred_ to as 'Trustee, ma. ling address is er �t• - -
<br />�itl"$''cil f l ltd, i" and THE OVE91AND NATIONAL Baal: OF GRAND ISLAND, hereinafter" referred to as
<br />'Beneficiary, wHaae mailing address is P. 0. Boil 1688, Grand Island -, Nebraska 68802. - - - - Par valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to Trustee, In
<br />trust, with potter of sale, for the benefit and security of Beneficiary, under and ,g tact to the terms and
<br />conditions of this Deed of Trust, the fallowing-described property, located. in Y1�L1 _County,
<br />Nebraska :, to -wits
<br />Lot Twenty (20) in Blink Folly (4) in the Replhat of - Riverside
<br />"*n .- 1 jdtititm 1n tht? C %_ tv pi Grano Ts4land Hall Calnty
<br />Nebraska
<br />together with all buildings, improvements, fixturer, streets, alleys, passageways, easements, rights, prtvi- _
<br />- ..leges and appurtenances located thereon or in any vas pertaining thereto, and the rents, issues, profits.:
<br />:
<br />reversions and the reminders thereof, including all such personal property - that -ts attached to the improve-.-
<br />masts se as to constitute a fixture, all of which, including replacements and additions thereto, are hereby
<br />declared to be a part of. the -real estate conveyed in trust hereby. it being agreed that all of the fare-
<br />going shall be hereinafter referred to an the "Property. " .
<br />`. YOR THE PURPOSE OF S'ECURING: - - - -
<br />(a) the paymeitl..t�vcor's note of even date herewith ±.n .
<br />the prinelpal sum of t; s 78 ,rJ .�} :a together _
<br />.. -with- interest at the - zaccti .r-xares'pz�tz'dt�i''tnerein; ur the principal and intere, an any -
<br />future advance not to exceed the total principal- sum initially secured - hereby as evidenced
<br />by promissory notes stating they are secured hereby. 4nd -any and all renewals, modlficatioas
<br />- -and extensions of such notes.. both principal; and interest on the- tsoteg being payable is _
<br />accordance with the terms Set forth thereta; which by this reference is hereby made apart -
<br />_ hereof, - - - -- - -
<br />- (b) .... pert c:;aanta of oath 3gre meat mod ;z .,wnt ;.,, . -ustar herein caxntsiaed,, and
<br />_ (c) the pamenc of any aas or same of money which any be hereafter Laid or advanced
<br />by Bene£iciara under the terms of this Deed �,f -" `rua't.- tsaglecher vi.t t interest thereon, at the - - -
<br />- rate provided in the note. - - To Protect the security of this Deed of Trust, rru,tor hetebv covenants And Agrees as follows:
<br />A. - PA at of Inds redo e9s. -,U pay when due, the ptrneipal z,f, And the -interest M. the - indebted-
<br />nags - evidented bT -the -note; thar,p<s, fern ass -- al_E :�tf�,er wsaas ens ^sovid¢d in the lran_333 +trtuaeasts.
<br />2. Title. Truatar is the as"r of t-ve Property AM has the right vast Authority to execute this
<br />Deed of Trust in respect to the prop,erf.. - - - I. Taws and Aswesaaants. To pay, -ban duw. all taxes, special aasessalso" and all other charges
<br />_against the prnpsrty, before- -the save - become deli" a�sot.. and. In - -the. avant Beneficiary she so- requite,
<br />:- to add . to the payasaerrre required utxdar the note s "oared bor*bv, such spomat - -as gay be sufficieat to en- _.
<br />- -- #role - Bettaf Beneficiary to pap: such - taxers aasotasmettrs or other cfsargas As they become slue.
<br />4, Inaurance. Tu keep the impratspoesta now or hereafter IoeAte+i on the real estate- scribed _
<br />.: herein insured against, damags by fire Anna sorh tither 'hazards as Sentficlary may r"utre, in amounts and -
<br />companies - acceptable to tewficlary, Ann snit -h �l�w pataCsle_ to Benrfictarr. :n case of ,loss under such _
<br />'policies. Bantficiar, is m�e h.xrteed to adlwat- - ra.t and < :offloprosvise in It. dia.;rr3cian, all claims -
<br />tihwTe•.asdar anu, -at #r.c gcd v.t s :a;, it= .n.at'.^., r.A..._x ,-. �:ta : -,e r' mpply the ,r._., -:eedm ..a the rect,nr =tt ion of _`. %,e
<br />. .Property or upon the indeatesAre a sesruraa 2 *.erebw, bu1 . pAymsents .required by the note shall c :ontinve -until _ the suss secured - hereby are paid in ful -,. - -
<br />5. Re it fiaiat:snancc at�d iYSe. Tu prsil repair, restore r,r reisul /d any buildings or improve --
<br />„..a,..w�,_......- --..-
<br />meota now or hereafter m the property, t €- keep tf: Eroperty in gc* condition and repair, without waste,
<br />and free from vaebealcs or other liens tr.nt exPTs,,6.�_= n=.s.b xdtnatz�d to the lien hereof, to not make., suffer
<br />ar permit any nuisance to exist nor r� eimtaish <ar fapatr the vAltw of the property cy any act or mission '
<br />to act: and to comply with ail r"-- lirements a;,f ins+ w #t t: rrsf�rz[ t, t?se ,- .ropert y.
<br />6. c.emdwanation. In chi event the prol± rt,: ^, Lr any part t4cerepf,. Sc :re taken by eminent riema i;:,
<br />Beneflctaiv entitled to ,ollect and receivt al.t cxaepe,nsat ion which may be paid for any property taken
<br />or for damages to property net taken. and Beneficiary sheall apply such compensation, at its option,
<br />either to a reductiou of the indebtedness secured hereby or to repair and restore the properry so taken. _
<br />Perfor xsc E- &etatfkeiar� -'. B+zneflctary mai, but shall have no vbligat lest to, , do any art which
<br />Trust -T bas agreed bur, failed to do, and Btaiuir�is" may also do any act it deems necessary tc, protect
<br />rise Lien hereof. Truster agrees to repay, upon . demand, ar, sums so expended by Benefi+; fare for the
<br />ab,wr pnrposea, and any arts so expanded by Benefictara shall be added to the indebtedness secured hers-
<br />- - ov and become securesd by the lien hereot. Seneitcrary stsal nest incur any personal liability bes:ause of
<br />anything it may do or omit to do hereunder.
<br />S. 0*1gavowato, of Rants, Sansficlarg ohalI haves the right, power and authortt_• ductal, tlty con -
<br />-:._.- _- rlauaaa+r- of-cida Toed of T;ruat - to - crrilact the r"", - isrx>se and - prufttw_F;f the yr>rparty and of are par - - -
<br />- .shoal property >tat#4 rhstraon with ,r - tractor racing T—se —lawn of the vr�srtr affected, herd -v. An-at
<br />Truator hereby abanlutaly and unconditionally ai,stgns all such rents, issues and profits t=o Berweffcf.arY.
<br />bwnaftclary, however, haraby consents t *a Trustor's collvction and rareotlot, of much rents, $saute ami
<br />profits as they accrsw and bacons payable, so long as Truotor in net. at such time, in default, with rr-
<br />apact to paymant at any itufabtedstasa secured hereby, or in the parformmtce of any agreww0tt hereunder,
<br />It any event of default described hereafter in respect to this Doted of Trust shall inane ncrorret and be
<br />_ t•otwc &nuitvg, Mnafirian,, as a matter of right and without notice to Trusto! or aay*mvw c:.lstming 3mdr1
<br />'$rant -Y, 4nd without reowi to the value of the trust estate or thap interest of tsm 1'ruotor thoweln,
<br />*hall 4ays the right to apply to any !ourt having icsrtsai,ation to ap�,sinr 9 r.'siver of 0 prpparty.
<br />J. fs as.tigtrt„ Untfisrfary, or it's agwonrrr, reprasentative €sr wtaramen, ere m:#as2ctr'treal le agar
<br />at MY teas +Arab li' ttae 40• Of hn an? port of taw+ prepettn for th.e purpose e41 lrnapecttnp the same And
<br />f,r t€.a J,!`Frsiiup any c,f €firs ss tt IN wit`,. tAaA ts> tvrfasre mesa the C "r fi Or _ :,mss
<br />t�atrYwbnit sae; +s3.ei ;,� ir4aal,£4t.
<br />„ zr an far if_itni�rYj ,. 011. "t -in4 04ft -t i..
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