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<br />,~ ~ ~2.,~.,oi.~oi' / 31 , _ _ H tlmar 2nd F Ilon 8.W'oli Wa `n n.Ya b84Ri _ -
<br />llEED OE TRUST
<br />THIS DEED C.tF TRUST, ~. Wade as r,f the 3Qth daybf AaSust ,I9B2_, by and ;imong
<br />DENNIS L. BARRLEY and SHARG!V K. ]3ARKLEY ~ {"Trustor"), whose mailing address is
<br />4019 Mason Ave. Grand Island, NE 58801
<br />COPII~RCIAL FEDERAI. SAVINGS 6 LUAN AS5(1GIATION ("~ruatee"), whose mailing address i
<br />3301 West State Street, Grand Island; NE 58801
<br />and GERALD R. C~t~LD and PATRICIA G.- GOLD (":Beneficiary") whose mailing address is
<br />-11424 B. P[armigan, Austin Texas' 7$758
<br />FfJI{ Y'AT.UABLF CO?~ISIDEF ATiDhi ,1l~ustor irrevocably transfers; conveys and assigns to'IY•ustcw, 1N
<br />71tE:S`P, W'1'i'H POD ER OF SALT ,for the benefit and setttrity of BeneStaarv, under and subject to the terms
<br />axxi__cQryditionsofthisI3et"dof'Trust,therealpro~ertylocatedintheCityof 'Grand Island,___,t'ounh=of
<br />Mate of Nebraska, and le{tall described as follows (the `"Propert:"l; Lot 1, Sunset Third
<br />good;vision, $a l ~OUACy, Nebr~
<br />'CpGETHER W1Tfi, ,~rll rents, er~aemenTr,~s appurtenances, h enta, intesest9 in adjoining roads,
<br />strc,etx and alleys, improvement=: and buildings of any land situated thereon tied allper.~na; propem= that. may
<br />be or hereafter become an 9nttgral part of suchbutldfngsand'improvements; all crops raised thereon, and <ul
<br />water righus.
<br />The Property and the entsi estate and intereaLmnveYed to the T'rtrstee are referred G~ collrctiveiy a_q the
<br />"'[Y~ust Estate".
<br />FOH THE PURPOSE OF SECU=RING:
<br />a. Payment of indebtness inthetotal printapaf atttountof$1IlSLtLl..ti~th interest the[rrtn. as eti~dencYd by
<br />that cti~rviin promis>norp note of even date (tlxe ".Note") with a mattrrity date of AuK. ? 0 1988 Nrt~uced
<br />l,v 7Yuator. which has been de&veret3 and is payable to the order of Benefi<aan ,and tivhi c-h by t>li, refen:nce is
<br />hereby made a part hertaof, and any and all modifications, extensions and renewals thereof, and
<br />b. Payment of ail stuns arivanced by Benefttsary to protect the 14ust Estate. «~th u~ter~t thereon at the
<br />rate of .14 - percent i __: i4'`c.l per annum-
<br />- T2tits Deed of Ttvec, the dote. and srty other instrument given taevidence or further see:ire the payment and
<br />pcrforrnanrn of any obligation sectu'eci hereby are n°fei-ted to cviltrtiveiy' as tlae "Loan instruments".
<br />'I'O PRU'fEC°I' TF{E SECURITY` OF THL DEED OFTRUST:
<br />PA't:~lE^I'I' Ur Itii?EB`I'F;I7tiF,jS. Trnnu;r shalt pay when dn~ thepryncipul of. and the interest cn, the
<br />indebtrrinc~r~ rv:denccd by the .'9ote, charges. ie>.•a and uli other sums ns provided in the-L.uan Inxtrwnents.
<br />?. TAXES- Trvamr sFtull Da v raclt lnwtallment of all taxre and epec-isS abgeeexment9 nfEYery kind. new or hereafter
<br />levied against the Trent lvxtate or ony part therc~~~f, txfore delinquency. witkinutnOgck grdem~and, and sha17 provide
<br />Acne6daq• with evidencr of the payment ofsame- Truau:r shah pay ail taxesandaesceamenrx which may be levied
<br />upnnlieneficiary'sinceresthereinoruponthixDccdotTrubtnrthedebtaecaredhertl+y:wrifhoutreRardti,anylawthat
<br />may he enacted Imposing payment of tha whole ar any part thcrmf upon the Fkneficiary.
<br />:.i. LNSIIRANCE Atill REPAIPS. 'Pruatnr shall maintain .ir.~ and ^utentendeKi coverage insurancein!luring the '.
<br />improvements xnd buildings cuns~tutirtg part of tae TfU,tlt isu3te for rt. amount ^0 less than the amount of the
<br />un=paid principal6alanceafthetiotelco-tnsurancrnotexce.•.dingti0'^i~perrnittrdj.Suchinsuranceyolicyxhallcontoin
<br />aatxndardmortRagedaueeinta.~urofBenehciarrund~hallnvt~-cancellable,terminx6leurmodiiiabiewithoutten
<br />11th days error written nolier to F~neliciary- Truster aha71 ymmptly repair, mu~ntain and replace the'Crns[ Es tact or
<br />an}° part thertKif w that. except Corcrdlnarywenr and tsar, theTrust Fstate shah notdetecinrate. 7 n nu rvcnt;:haNthe
<br />'frustar rnmmit waste nn or to the '1"runt 1•;st.atc.
<br />d. ACT1ON5 :~FFBt;TI VG 'PHOST E.STA~PE. Truator shall appear in and r.onteat any ac[ion c,r procc~;ding
<br />purporting to affect the security hereof or the rightis c r powers of Beneficiary oc'Prustee, and ahaii pay all costs and
<br />ex pennee, mclu~ng coat of evidence of side and attorneys Ives, to anysuch action or proceeding to which BeneticSarY
<br />or Trusirr may appear. Should Trw+ttu tail to make any payment or to do any act as and in the manner pn,vided in
<br />arty of the Loan lneErumentd, Fieneaciary andior Trustee, each in its own diexretion, without obligation yo to do and
<br />without twtice W or demand upon "I~ur:wr and n.tit*tut releasing Trustor from a»> obligation, may make or do the
<br />same in such tnancer and to such extent :as either may dim necesbary to protect the security hercoi. Truawr shall.
<br />immrsliately upon demand therefor by 13enesi~ary, pay all costa and expenses incurred by FSeneficiarp in connection
<br />' with tht uxert~iae by beneficiary of the foregoing righw, including :without limi[ation costa of evidence of title, court
<br />costa, appraisaEii, stuweys and attorney's fees- rlny such costs and expenses not paid within ten t1C)days of ~.~ri tten
<br />demand shall draw in:erent at ere default .rate provided in the Note.
<br />o. EMIhEFT CIU!Hr1Iti. S}wuld the Trust F~iate. or anp part therer.f nr interest ~hernin. ?te taken or damaged bg
<br />matron of any public impn~vement or cv,ndes,natinn proceeding, nr in any outer manner including deed in Ireu of Cnndem
<br />nntim("Candernnation'1,oralmuldTrustorrecveatfynuticearotherinformatisnregardingsichproo~cdin~,. I'ruYt<~:sh:ill
<br />give prompt written ao[ice thereof to BeneScsry. Renefician• shall be entitSed tc all campensauon. awards and ot}ner puy-
<br />men!» or relief therefor, and stall be entitled a!-itw option to commence, appear in and proaecotx in its ow rt W acne any action
<br />or prpe~hngs. 9ene5cyan shell also ~ endued w make any axapcnrnitre or aectlement m am nechon Kish u . taKnR or
<br />damey;e. Ali such c~tnpensaiien, awazds, damages, rights of action and yroceeds awaxdnd w Tnistor!4. Pr rc•lr ) rice
<br />: hereby arscgned tU }3eneficia-g and "I}uawr agru~ u~ exec:ute sum further assignmen¢s Iri [hr, Pr~~~ud3 a3 lierie5utary sir
<br />Trustee mxy re41ire.
<br />~ APYOIN'1':KEV'T tjF 5IiCCli`;S0R TRL'STF:E. Bec.eC:ciary mav_`m~m isms to tmis~, by a •.rrittoa instnmurnt
<br />extrufcd aad ~la:ow'ledRc-d b}~ 13erehria-~~, m,Ziied w Tnz~wr and fZccon?ed in th, C;mow^.tS' in wt is;i t.i~r. Crust. hat`u. is
<br />lt~c~ttcci and by otherwise complying w$th t_he provisions of the applicable law oY the 4 tare of Nebraska eohait=ar:i Quca--sear
<br />- or SucYnc~w~re to the Tni.E,tee named herein or acting hrr~.unuer.
<br />SUC+:ES~)F.8 Aldp AaSICS:.S. Tiffs Cke~ of Truce appu~ A, inures to the beneL+t o! +nd bands all p'rnies he eta.
<br />~ aiseir h.>utt, legatees, de'.zaxx, pcxsonal repre~rentauve~:, auctieaaurs nod assigns. T},e tesm "L3en ficiru- ~t ~d: mca+ cl:r
<br />owner and hei4der ;of the ;`ore, wheitier err not named ax }3~etira:.ry 4eeretn.
<br />S. 1;vSYEC!T7ONS. Ltenefiri~ra~, or its zgenrs, reprr~c;.iativc~ or s~~orkrP.en, are authoriU:~c: to ent.eJ it an ~ n-a.onrtblr^
<br />G[ne ziiwn or in ah>' prirt of th:. Tn~ Esaa~ :or the purtwye of insne=~*_tnR the?ame and. Cer Ltie ;turpoec of tx°..*t"nna'-n8 :rt'S.- of
<br />t.°u:.et:a it s amthotirecl to perfvr~ ,3n<kr the Lerma <,(rnc of ter; Loan TncG~urenLs.
<br />y. $l-'';:=ti'i'S Ole Li;r;FAi,iha Ary r f tttc 4.11owitaK F•venia ahau ice., dt~rrnl~ ar - :. e >uir h.- ~iinrsvr
<br />ins 'i'ruxtor w`.di tart t»;;w?w:na Re y_tync._tcfany '. r.e~ailment.-ft t-r _.ti =:r.n .y:z ., ;,rt ,t_~i1 .IL:+, is ., r~.->i ., :,a~:
<br />-,ahrr sum vx'~ir+xt ;ere k~ ~.a~rxrn der. r,r
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<br />~s;TSI t.Y r. Y,1 tt:r 1 I°t 3^.~f 1:]c ;i~:Ai r}r, •~C~ 7.:.<
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