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<br /> 96- 101053 ���of Trust ��'3 F
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<br /> TH1S DEED QF TRt/ST is nwdP thu dt�Of Fe ruary , �93fi_.by anc!DpM1t�YWi RONATII F�,_j;R .XF A ANn , _
<br />." ,TF•,••' ` ngEXA� H�ahand ^nd W3f�_, whel�w►awa maa(iw�r�ftwcalWd ths"ausAO+'7. R
<br /> � wtww maiWg�ddrsss u_�. W}tPgt pr; CL,rL, T al and�b.�' S8801 . _
<br />�: NppyyESTBqNK N$BRASKA. NATIONAL ASSaCIATION (t►er�inat�arc�tlledtlw"Trustea'T.w+ros�ma�i►r�adalassis --
<br /> �' 2Q2 W. �ir�_ �rand I�nd. NE ,�h�[SrGrWK NfiBRASKA, NATIONAL ASSOCTATIOI� ,�y;My�r =
<br /> �q,�•�,�ary�,,�,t�ose,,,a;r,gaddwssk 202 W Thi�•d. Grand Island, Nebras 68801 _. _
<br /> � WITNFSSETH: --
<br /> r' !F THlS BQ�f 15 GHECKEO 0 TH1S DEED QF TRUST CQIVSII NTES A CO�VSTRUCfIQN SECURITY AGflEEMENT fJNDEA THE NEBRASKA _
<br /> �,. CQNSlRUC7/OfV LIEN HCT AND CRFJITES GRAN15 AAID CANST77LlTES A CONSTRUCTION SFCURITY INTERF5f IN TNE PRQPER7Y =
<br /> - DESCRlBED HERElNBELONL =
<br />= w►rEP.Fas,lPuslnr is'rxf�bwd to ea,�fic�ary tn uw princpal sum a T�TY-BiGIIT THOUSAND AND NO/100--------------- _
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<br /> -- ��s 28,000.00 �W�y�dvass is widoncad Dy 7�uuorb prom►ssn+v r�a d+rod FebYUary 13 , �y 96 ,��
<br /> �- cawd en."Aboe"1.w�+�a Mw wder a'Benel'+ct�ry ar,d n�vinp a matwity a Augne t 1 , 1996 . _
<br />�.� NObK THEFtEfO�RF.kr Mw purpose a/soc+yirip:
<br /> (41 WY�k of tl�No(�fop�ths►witlt inNrYSt d1M�crA IaM cfwpes,P+aP�Y�'�P���Y hrturo adlranooA�nd aY wQOnsions,modGcabonst
<br /> siibsti�tiau a+►d re►�rwafs tl�euvot
<br />;�� !b)Wy►nwif d aY otl►or�li�ws a chaqe.�to�4'�a witl►'wNerest H�aear.a W�tCad p P+���d fNs 099d d Trust�nd Mw parbmwnCe
<br />�� a nw cawnsrxs a�d ay�.ernv�xs a�wnia�e.a►�a s.r ro►Ln n«Mn.
<br /> �, lcJ perbn+w�oat��e at��xnp7ianoe wiM erery 1enn.oo�er►ar�oekgwion o�d r¢rearnwir a rrusn►oonsairwd r,aain w raanaalod 4Y
<br /> �; rdur+Ky w ary ofA�r s�arifp'xutnunatt at ar.yti►+w pA�r►b socw�tlw No10.and
<br />,� (�tl��p�yme+it d iW otl�a►siuns a lutu�advax�wi�irMwast d�a�or►.wNich rr�Aw�wokre ha�s 6eai a hersaRer bs advancsd by Banaticlary t�
<br /> Rrsaor a Uus�ors suoo�ssa+tn in�nast a arla
<br />� ar d wnrcn w n.�rnrw oow�nwrr cawd V,a"x►d.oaxr,oss:rrus�or+r+.�oc+ay c�,rs anc aansr.rs,c a�aR�n wu Wrrr�PowFR of su�a�e
<br /> — AaYavirlp w�criD.d A�oiP+rty:
<br /> — Thc South One-Half of the North One-Third (S-1/2 N-113� ai Lot �igat �aj, 83ock �ixEy-
<br /> � Four (64), Original Town of Graud Island, Hall County, l�ebrasl�a
<br />� toy�tlw►with p)ai1 bu7aliny�s�xxura�addi�on��rw+9ame+aS mod�caLO���Pef'�ropi�c�n�tS a�'�d��ents nav a here�f�s►bcalod Nf�a;
<br /> f(�M o4�P+�K�Y+��++^'�(���D.witho�RWrktation.a!l liphtir►�AeatinD.►�inD.cooY+9.af►oo�ooruiri4,SP+�'�D�A�+►��D
<br /> Sxtt�aC wahr and�awr sYsN+ns.a�pkw;boW+s,ry�a�sn�dishwasAarg mirmrs arK1 r*urp��oarP�tinD.Wr►ieceA ail dxne+s,Ma�vinrs ar►d
<br /> rnolors.iMrf�r+aba�Pfee�.'s or unks.oar�rwrNcatlor►sysaem�dyrwno�dans�armar�olec�icaC o4Wio►r�ent sKi►m and sc�r►window�doaS awnlnDs a+x!
<br /> — sl�d�s)now a hwaofM�►�efsch�d ea a 6uiR h.anY 6�wlarrg lrt+�+ownw+w w irnP�e+►�now a Aaoallarlocaled tl�orr.(w7 aY easNrwnts arfd ri�hb d
<br /> way sADtrlorwx O+e�e�(�1)W Nasal►old est�le�riyA4 Otls�nd k►leroct of 7Pus.'+or in and[o�U Nasos,wl�eC+x nav or AasafNr axistfnD or�rNMOd inb
<br />� fihcluc�rg.wdlaut wr�ftaour,�Y cash an6 mcu►PN d�posflst advanc�renesrs aw doP�a p�yrrNnts of a s�rrlo►natun).Partaini►i9 B►e+N0.N)atl rorKR
<br /> issu�poaifs ar+d inccvre rrraiom(s+,iye�t�aa ri�M d rrus�w ro cotkct ar+d apioty such rerM�rssusR wo�6ts ar►d'r,conw.s a,ayr aeconw dw and
<br /> — pey.dtQ so+c►►�as no e►�arr a dala�rr a�lsrs►►weunoah.(h)aa royarws,:r+nera�oi1 and s'�s ri�hts and a�'+waeer,wm�r1�Pa�ar+d►w1�►stocic Ny)++�
<br /> wncvn.nf�n.�s v��+�+F�A++�►►+rw�s wa�nphg,usatl or a+�oyed in connectioo a�erew;dr.ana(�.w)a0 p.oaaas a oorFaston,wf�rr++r
<br /> o.�+�ow►�x d a+�d�e ro�o+�►s hoo cas�o.r�„r�a��a;,,�s�nc�.w;a,our��c�,.a�o�a►s a;r►s+�ano.a�,d c�c+r�wro+�.��a
<br /> +�: Mdrae is H.+an/la�r cowctJYdy cauod aw"Trusr F►qperry�:
<br /> � 1U�'At�TE{.7 THE SEC1/Rl1Y QF THlS DEfD OF TRUST,TRU5faJ�CQ1�'�NAN75 ANO AGAEES AS FQLtOWS:
<br /> — 1. Titi� Yrusla*Co►�nantA wansnts and agr�as wkh Her►ef'�cJary,its sua�;as and assi,qn.�Uat TiusADr ow»s tl►9 Aust Propeiry fiee hom any p+io+liwi
<br /> s� a�r►ctYndra►�tlwt tlYs 06ed d t ust Is and wiY rertNJn a valid ar►d a�oaDre Kist fien on the Tiust Propay,tAat Trastoc at its exper►s6�wiY
<br />� pres.►w s+,cn�e�nd wiY r►winwn aNS naee a rn.sr ac.r.sr ano paramo�x�Lw►w�o+►aw k�sr Ropery.nd wiw ro+ew�rrant a�a aekna rne
<br /> vai'ddy andpr;onry aP 7�e i'w,naod.galnsr nw ctalms a aw persons ar,d paties wnansoeae►.kustor,ar itss earpansa w,pcausa avs naee a rruu.
<br /> � and wdr arnwwhier�t a supiplemwd hwslot to D�fikd and racarled as a m�g7aye d tlw Trust A"�parcy irt such rrwnner and in such plaoa ar.tf wi!!
<br /> -- ��:rcn acBon as rn aw opinia►a rn�e mey be req�rred by anr P+e�x�t a nRws kw h orda ro p�rl�ma�rxaln and w�+a►.b'en a ads need
<br /> — of gscst as the wne n►+Y De an►erxkd a supplanerMed hom tlme no mnwe�Tiustor wiu make such fu�w ess�:rarwe a aswnnces a P��itc titla a
<br /> tl�Tiust PrqawN as maY be►e4utr�d bY Ber�'xwY��►►►aoby�s+Gv�s/ws aY riyht d tlavvr arx!Acv►�e.VSad fr►and to tha pust Propwry.
<br />:�� ?.Ay�a�of lnd�5�rie�sc 7rustor shW W+ncA+aYY P�Y!he Wincipal d and Y+ter�st on thi lndebtedrwss socurad he.'aby_
<br /> s Cons�uctlon d le,paanents Trusbr shau compJe�e►�good and worwnarNike manrw ary dri�dings.irnpr�v�merta or.ep�lrs relao'v�g U�ere�o wr�lch
<br /> may be beyr»m�a Tr.ut Propwry a coraerryafalad Oy�a ban widw+cwd by fhe No1r secw�d/w+aDfc cu pay wl�en due aJl oosts arW Iiabllitios
<br /> �� ►oe.,n�d v�+a and nor a v�a+�Y�saucbcrr iiar apair►sr s:xn 7iuu Propa'ry.rn tha e�era cansauctia,a adra►ing�unpawna►ts a ro�at+s
<br />-� a�e cYr�lMnpral�d,Fus�or aRso agrNS�rytl�ing in tfas Dead d Trast Do Chi oorW�Y na�n'tns�r►Cin4:(sl�i�nPNY��B m+Y.^.uch wak end!o
<br />;� c�an�aM tta PAPa�v+�+�►wrxs P�►K(b1 to corr,,�b1�Ms sarr+e»�wifh Uie pt�ns y�d spxi�+rations as a�xowd Dy Bena/'+darY.
<br /> (cJ�o carplY wi�h�Mr!t�rms d a MiiJd'wig foart agnaa+�wK d ary,beM1�ean Wstar and fie►►ef�ciary:Na terms d whlci�arB 1nca+POrated NeiaN►bY
<br />',::,� +atiiwx�and mxlo e,oen/►ered,(�to oJlow Bor�f'xtay Oa insA�r the Trust Prupe�ty�t a!f times dwin9 canstrualon.ind(a)to+qW��N work a
<br /> rrw�r�[s u�s�y ro 8enefidary wiMW►f+dlaen rr51�YS aftw wridw►notica hon►GwratJcl�rY d such fact.
<br /> ,.� �.Fw�3.�ro►P�rmerx a Cnarya.s sut�wcxx ro�yo,orcacre raw or ro�w,►r�en warwe.by se+�ei+c�arj.Trus�r shau pay m eenar,cia►y o�a�e rwsr dey a e,ch
<br /> n�ayrt.a wch ofher da�e each rtwnU,as may be sPecifred bY Be^efcsary,uMil Me lndobleahess!s P�d in luu,a sum(Aereinafaar calkd flw"Fw�ds7
<br /> eqtral ao 1/12th d Nie yearly taxes and assessrt�r+ts whieh m�y rtt�(rt prio►ity aer this Deed d Tnrst antl gro+u►d rents on the Tiust RoPe�rr'•��Y.P�+s
<br />` f iF.*2J�of the yeery P+errrum installmsnfs For hezan�Y in+✓'anCes Plu.s f/12fh of fhe yerr�r Pnxnium inste!lrnwRS fior matgaye InsurnCe.if�y!eN eS
<br />' '' �e�sonaby esbn�awd lnitiaHY arw�+om tiaw ro mie ay seneficinry an me basrs a assaeasn�arxs and bius and reasonawe esrirt,aa9s n►ereaF.nw Funas
<br /> � sYiH be Aaki in an lnstitution,the deposits a accourrts d which ars Insured a guaranlued bY a I�edoial a state age►wy induding Bene/iclary.
<br /> 6ar�afiClary shaY opply fhe Funtls to pay sald hx�s.assessrr�ents insurenCe Prerrw�ms and 9+�nd rents.Bene/'�Clary shall not be re4uired b PaY
<br /> Trtcsmr anY inteiest or earnings on Nw Fw�ds.Benefictery shall gh�e to Tiustor,wiUaut cha+9e,an annual acCOUrking of tlw Funds sJwwzz�c��s rsa3
<br /> dclaits to Nw F+r�ds and tla pu�posa tbr wntch each debit to tlie Funds was matte. The Fw►ds are pk�tped�s ndditional sacurity!or the trniabAadness
<br /> s9ctuetl'�Y thit Deed d Tiust./f the amowrt d the Fund,s ha�d bY Be��ef�icJa+Y•rogether with tlw futwe monthy in5tatlrt�e+MS d Funds payableW+w to
<br /> � �te due d3tas d texes,assessmmf�insurance prerrNUms and flrcxuNi�ent�alwll exiceed the arnount requirsti to psr sa+d texe.�assessments�
<br /> "rwranoe pro.,r,ms ond�vo+,nd rar�tss as thcy rw tiva aur1,cxcoss snab ba ar uusurs o,ofion.srther wnr►�rt�r re�tics:o rrusra a c�sd+red to rrLSror
<br /> NC rsrawrc���-a}izr�l
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