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<br /> - � -: -- -- -- . - DEEQ��F TRUST IIIftTH FUTURE AOYANCES . • -
<br /> THis D�D OF TRUST.is mads as ot the_3�t.b:day ot s ++_ —,t9_,32..by arw artwn�
<br /> the Trustor. DOKLLD L ROBEATSOR-� COII�IE ROHER?S�i bu�baad;and iift � . .
<br /> = P 0 HOX S0l6 6rand Is1aA� �I[�.6��-5N6 �
<br />-- whase maili��ldresa ia ein"Truswr. one o►mae). . .
<br /> tAe 7rwie� _ Fiv� Points HaNc. a Yebraaica Corpor�t,�aa _ - _ . . .
<br /> _ . wtwrs maiiirts�dct�s t� P.0. Box iS�T Gr�nd Islaud. � 68802. ` �herein'Truites"►,end
<br /> � ����ry. . Pive Poiats 8aat , ,
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<br />;�ti. wt�ose maittnQ addr�s is �'•O. Box l5�7 Gru►d ,..a I�. 688s�35�7 (herein"t.enda�'?. .
<br />�`"',• FOR VALUABLE CONSI�ERATION.inclu��g Lenders exte�sEon o!credit idenUBed herein W��'� �' �8��
<br /> ":;: _ � CO�IiIE R09ERTSON. Hush�and Fa_fTife (herein"Borrower",whether one or morey and the Aust herein created, •'
<br />��z:A the receipt of which is hereby acknowted�ed.Trustor hereby irrevacably grants,transfers,convays and assigns to�austee.IN
<br />-� TRUST.WRHPOIlIfERCFSALE.forthebenefitandsecurit�rofLender,underand�ubJecttothetermsandcondi�onshereinafterael
<br /> �;� tarth.the real prop�rty,desc�ibed as fotlows . � .
<br />;;_�4k.
<br /> �.�i1 Reai��roperty set fortL+ oa "Exhibit A" attac�ed hereto .
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<br /> �'1}:,j �� . - • ' �
<br /> �;'.:,: I '.s. . .
<br /> ;;;..;> •"-`' ToDethe►wEth ail buildings�iir�arovement�iixtures.stree�.alteys.pa�:s'-3eways,eassments,rights,prlviteges and appuRe•
<br /> ''•;'��` ` � �ances located thereon or in anyv�ise peRa+:+i•-��ereto,and the rents,iss,��=�nd profits,reversions and remainders thereot,and
<br /> :i;��r_� ;7.: suct�personal property that is at�c�ed to t;+e'.�-sprovements so as to cors;:..^.e a fixture,inctuding,but rtot Bmited to,heating anA
<br /> " caotins equipman�and together with the h�:�ssstt�ad or maviq�interests,itany,which interests a�a horet+y reteasedand waived:all °
<br /> at which,inctudin�replacemen�and aad"rr�nsthereto,is ne:eby declared to be a part ai the real estate seCUred bythe lien of this
<br /> �:�",�.f;. Deed of Trust and ail of tha tore�a���bei:�$ieterred ta•herei+�as the"Property".
<br /> r ,.:.
<br /> ,.;,,,,
<br /> : ;.� Thi�Oeed oi Tru�t shatl seeurs{a)t*re pa;r�nent af the principat su�n Sw.d interest evldenced by a promissory note or credit
<br /> � , agreement dated ?iu3� 3�ih i992_. ,having a maTw�+r�r date ot� Aueu.t i�� , _
<br /> in the original prirtcipal amou�'s oi s ��0�•� .and any an�ai�modiilcations,extensions a�0 denewal9 =
<br /> thereot or thereto and any artd atl future advanCes and rea��ances ta 6�rrower(or any of them I1 more than orte)hereundet
<br /> � �: purauant to One or more promissory�otes or Credil agreements(herein r.alta�"Note").(b)the payment o1 other sums advanced Oy -
<br /> LenQer to protectthe aecurity of the Note;(c)the peAOrmance o1 atl covert�nt>and agreements ot Trustor setioRh herein;and(d)a� „
<br /> preaent and tuture indebtedness and Oblig�tipns o(Borrowes(or any o4 t�e^�N more than one)to Lender whether direct.irtdirect =
<br /> . ab9olute or contingent and whether arising dy note,gua�aa:.y,overdraft or btherwise.The Note,this Deed ot Trust artd any and a:i =
<br /> . Cti�docuentsthataecure the Note or otherwlse executa:3:-c7nneCtion the�rNlth,IncS�ng w�thout limitation guarante;�s.aecurit� _
<br /> - aqreements and assignment�of teases and tents,shall�e r2terred to he�e:�s;as the"4c:�Instruments". _ =
<br /> � Truator cove�ants and agrees wlth��r�;�as toUOws: . E
<br /> - 1. Paymrn3 of Ind�bt�dnesa.Atl ina��t�S�ess secured hereby sha���Aatd when due. �
<br /> - 2. Titl�.Trustor is the owner ot the Fr�q3rty,has the right and au:r,�rity to convby the Property,and warrants that the tien .
<br /> � ?� ' cre8ted hereby ia a firat and����r lien on the Properry,exaept for liens and encumbrances se1 forth by T�ustor in writing and �
<br /> ,�.�• deflvered to Lender before ezecu:i�n of this�eed o1 Trust,2�r!t'�e execution and def vene�1 this Qeed ot Trust does rtOt viotate any . �
<br /> '_�;,:.r; conhact or othef obiigadon ta w:,icB Trusior 1s subjecR �
<br /> ;�;;:. �•y',_';:<i 3.Tax�s.Aw�rnwnb.to pay betore�e;:-C�lensy a�)�ax�s,5pec�.r�essments and alt other eharges against the�rvA� �
<br /> 7.?,:-. now or hereaP.�a r.e�r're8.
<br /> . ' ` ' �`-3' `�'`` 4, tMU r a n e r k To k e e p t h e P�o p e rt y in s::r e��i n s t d a m a g e O y f i r e.r a r�z r a s in c l u d e d withintheterm°extended cov�ra ge`.2nd
<br /> ' . �,'. such other hazards as lenCar rr�f reQu;re.�n�rnounts and witk�companie�acceptabte to Londer,naming lende�as ar��QSr!rone� !
<br /> � named insured,witt►toss pa�.,.:.�e:�r the Lender.t�Case of!oss under such policies,the Lender is aathorized to aa��st�'�?ct and t
<br /> • i'�•• compromiseaticlaimsthere��srandshatlhavetheoptiqnafapptyingaito�padottbelnsurancepraceeds(i)toanyird��btedrtess '
<br /> -.�r�=�•��= ' aeCUred herpby 8nQ in such order as Lender may determ�ne.ti�J to the Trustor to be used far the repair ar restoration of tiie Property '
<br /> '�'��" � o►(ili)for eny Other purpose or obJecl satistactory to Lender without aftecting the lien of this Deed of Trust for thetull amaunt secured �
<br /> . 4�•:j: •
<br /> ' �'�''_�''� hereby before sueh payment ever took place.Any epp�icatlon o}praceeds to indebtedness shall not extend or poStpone the due .
<br /> .�r�:, ..,
<br /> -r '-�` dats of any payments under.the Hote,or cure any detautt thereunder or hereunder.
<br /> f. 5. Efcrow.Upon written damand by tenaer.Yrustor ahall'pay to Lender,ln such manner as LenQer mey designate,suflicient
<br /> .. - - -- -- sumatoenabtalendertopayastheybecomedueonearmareotthatoltowing:-lqaltlaxea,assessmentsandotherchargssagainst
<br /> ���'•'�-�° " the PropeRy,(11)the premluma on the property in�urance required hereunder,and(iii)the premiums on any mortgage insurance
<br /> ;x �'� :� requireQbyLendec
<br /> • :.•::,, .�:,.
<br /> 8. NalnMnsnN,8�paia and Canpliane�wNh Lswa.Trustor.shal!keep the Property in good condition and repair,shall
<br /> � : `�. . � promptly repel�.Of replace eny Improvement whlch m8y be damaged or desVOyed:shall not commi!or permit any weste or
<br /> ' - _-�.��.. . • � deEeNOnUOn of the Praperty;ahalf�ot remove.demolish ar substantialty atter any ot tne improvements an the Property;shall nof
<br /> � �.�j commi�auHsr or permit any act to be done in or upon the Property in viotaUbn of any law.ord�nance.or regutatlon;and shatl pay and
<br /> :-_- -- ''y�" �� - - _ prnmptly dlseharge at Trusiur e cosf aad expense atl Ilen�,eacurnbrances and charges tavted.Imposed,ucasseaseQ agalnst the . _
<br /> . �-�--_ � Praperly or any part thereof. . _ _
<br /> Z En11�Nnf Oapain.l.ende�i9 hereby assi�aed a0 compen9ation,award9.damages end nthe�payment9 or relief(heteinatter
<br /> �� '•� ' '' � "Proceeds ry In connectlon with conQemnaBOn ar ath�r taking ot the Property or part thereot,or for conveyanCe in lieu ot condemna•
<br /> _-- _ � � - � tton.Lertder shalt be enUtled at its optloa!a Eammence,appear.la8nd preseeut�in its ou�n nama any actlon or proceedings,and_ _
<br /> �. �Y• '-:��•` shallatsaheentlQedtomaiceanycomprnmisearsetttement�oconneatlonw�thsuehtakingardamage.UtheeventanyporUbno! ,
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