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<br /> � • DEED 0�YRUST �'����0�� _
<br /> � THIS D�'�D OF YRUST.made u�m_ 23th �y a �'� ,19 gs ,betwetln _
<br /> � S�auxior Builair� and St�t�ly, Inc- u f�usYor. _
<br /> 1 FiraTier 8ank,National AssociAtl�n,Om�ha.Nebraska sy T�ua'tao. _
<br /> � Flr?ter Bank.Na41�iu1 •��cistlan.Omaha,t�iat►res4�a -
<br /> � u e.'�•ne�iciury: _.
<br />, � WITNESSETH: �
<br /> - That Trusior irravocabfy flrants. transters a�d assiflna to Trustee in trust,wi4h powar nt zaif►,the followin�de�tcribed �
<br /> properry: �
<br /> ' Tnt �nty--a� A (21 A)� B1ock �e (1)► Pbndes�a Lake �
<br /> Fstat,es S��bci,ivisi�on� in tt�e City of Crand Island„ Fk�1 `
<br /> Oo�tY• I�hra.Skd. �
<br /> s�
<br /> .a
<br /> :,
<br /> .;t,
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<br /> 6� tage3he�with all interest which T�usYn►now has o�may hereafter ecquire in and tc said propem�and in snd ta(a)all -
<br />,,�_,� ��.5�ame�tsandri�htsofwayappurt�rtantthereto;�b)allte�ements,hereditamenta,buildln�s,stracturesrtmprovemonts,
<br />_-:y tixtu�es,equipme�t,tumiahings and appa�tenances now or he�eatter placed thereon;(c)all leasehotd estate,�yht tltle. -
<br /> �;;�� and interest ef 7custor in and to all leases or subleases thereof or any portlon thereof now or hareaftet existi�9 or entered
<br />-`�s�_ inW,andall�ighl,diUe,endinterestofTeust�rthereunder.including,withoutNmitaaon,a!lcashorsecurirydeposlb,advanca
<br /> �entals.and deposib o�payme�ts of similar nature,and�d 1 ail mineral.ail;gas ri�hb�nd profits,water,wat�er rlslhta.und _
<br /> - wate�stock.Trusto�agrses w execute and deliver.horn Ume to time.suoh further inst�uments as may be�equestod by
<br />-�� BeneHciary in(orm anc! �;[tr�nce saUstactory to Be�eHciary to con�tm the tien of thia Deed of Trust or�any of the
<br />�-;�;. aforementioned properry.'it�a ptapacfy sa conveyed to Trustee hereunder is hereinatter rolerred b aa"auch properry".
<br />`:1��
<br /> =;�;y TheTrustorabsoluteiyandirrevocabtygrants.tronsf�ssandasslgttota8en�f�ciarytheGeats�+�cane,lssuea,andprofits
<br />� a�a!!p�operty covered by this Deed of Trust
<br /> ,�
<br />'';'� FOR THE Plf�iPOSE OF SECURlNG:
<br />= 1. Payment of.tt�principal sum o1 � h� �d and no/100�-�-- _
<br />= i;203.�E1Ei.v^al ,•�"••%�-s-------
<br />= evkfenced by the certain promissory note dated of even d�to herawi2fi(h��reterred W aa the"Promia�ory Note'�
<br />,�� executed by► Sia�eriar BufZciin� and Slnoply, Iiia.
<br />�� in said enwunt and payaWe to tf�e order ot Beneficiary rt�.atu�inp on �r l�s 1�996 �
<br /> _- togetl�er with intereat thereon.late char�es,and iuepaYment bonuses accondir�to the oorms of fhe Prornlssory Nofe
<br />= end alt rene�wab.extensFons.and modiGcaatiana t�er+eof.
<br /> 2 Pertormaitcx�discharge of and cornpliance wlth every oW;�a�on,covenant and agreement atTruatar inaorporsted by
<br /> reterence ar contained herein or in any othe�secu�ily.agrc�eraent o�deed of trust at any time given to secu�e 31cy
<br />— indebtadn�s hereby sectued.or any pa�t thereof.
<br /> �.Payment of aU fees artcf c�aaryes ot Beneticiary or Trustse,whether or aci set�h herett�.
<br /> �`�i.
<br /> TO PROTECT THE SECURITY OF TFi1S DEED aF TRUST.TRUSTOR COVENANTS:
<br />_`:,�
<br /> TITLE:That it is tawfully seized and possessed of a good and indeieasi�e title�nd estate W sil of suc�property in tee
<br />— simpte nee irom any prio�lier�or encumbrar�ce.has good right and lawtui suthority to convey the sa�and will torever
<br /> watrant and dete��d the bde thereto a�ainst the claims and demsnds of all persons whosoeve�tl�at it wiil,at its expensa.
<br />'= maintain and preserve the lien of this Deed of Trust as a first and pa�amount lien upon such propxty.
<br />— I�IAINTENANCE:To keap such property in good cond iUon and repair.to cornplete or reatore promptly and in pood and _.
<br />� workmsnlike manner any buF�din9 which may be canstructed.damased or�Lroyed thereon and to pay.when due,all -
<br />-°� . ctalmsforlaborp�rfamr�d�r�dmaterialsturnlahedche�etoresndtoranyaller�Jiansthereoi;Wcomplywiththeprovisions -
<br />�--� of atl i�sura�ce pdicies ocvering said premises,W compty with all taws,oMinances,regula�ons.covenanb,condttions -.
<br />--�: and�estrtctians Qite�ctl�such PrW�ertY:not W reawve,demolish or materiaiiy alter any au.tkfino,or tha charactar or ua�
<br />':,; thereof ai any tfine thereon;not to ddll or extract nor W pennitthe driilUp fo�o�exbecdon of oil.9as or other hydrocarbacs� -
<br />,= substances,wats�oranymineralofanykindunlflsstitewrittencansentofBenefiaiary's�hadandobtained;nottocammitor -
<br /> permitanywastethe�eoforanyactuponsuchpropertyinvialaUonoflaw;todoallotheractsins�timetyartdpropermanner -.
<br />_� whbh t�om tt�e character or use of such propeRy may be reasonably necessary to protect and pre�e�ve said aecurily.the
<br />- speciflc enumerations herein not excludin�the generaL -
<br /> • , -
<br /> CONSTRUCTION OF IMPROVEMENTS:To complete in pood and wor{cmanitke manner any building or improver��en3 or
<br /> repair relating the�eto wfiich may be be�un on such property or contemplated by the loan secured hereby,to pay wt�en due �
<br /> allcostsandliabilities'ncunedtheretore,andnottopermitanymechanic'slienegainstwchpraperty.Trusioralsoagrees. -
<br /> anything in this Deed of Trust to ihe coc�trary notwithstanding;(a)to prompdy comme�ce work and to comptete the �.
<br />::,, propased improvemerrts prompUy,(b)to camp0ete same in acco�dance with plans and specifications as approved b� ``
<br />_ 6enefictary,(c)tocomptywithetlolthetermsotanybultdin�toana�reementbatweenTrustorandBeneticlary.thetermsof -
<br /> which are incorporated herein!ty�eference to the sam�extent as if fully set forth herein and made a paN�f thls Deed of �
<br /> Trust,(d)to albw Beoeficiary to inspect such property at all times during construction,and(e)to reptace any wortc or
<br />: materiafs unsatisfadory to Beneficiary,within fifteen(15)days aiter written noUce trom BenefiCiary of suCti Wct.which �
<br /> �otice may be yiven to T�ustor by re�istered a certi�'ied mAil,sent to his les!known address.or by personal service of thei �
<br /> � s;atT19. .
<br /> �
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