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<br /> _- _ . � Tra�ar . , � � .
<br />�_` _ . _ Trustor.
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<br />. `�• :� DEEA.QF Ti��JST WtTE!FtJTtlRE-ADYANCES �
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<br /> - TH{S OEEQ�lF.TflU9T�t�tnitd0 as af tffe��day ot � .i9�DY a�d amon0
<br /> �; tl�s Tnu�r,:���� � and Iterle�e Hoe. H[�+�end aad Wfife - - . ��=--
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<br /> -- whcse malZirrII:�ddr�sst�.2�E1��A�.v�rside Dx., Graad Is'�aad, NE 68801�herein°Tiwwr�"wtiether.one amore). �----
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<br /> � 'A�d�'S:• Attos�ev at LaAV "�;—�_
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<br /> - wt�ose�ins�qn��itrass is� �= R":,��aA° Grand Islaad. NE 6880r2 (herein"Truatse'1.and �=�``� �.
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<br /> � �S�'�3t^��ni3:National Bank of Gran@ Island '�
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<br /> �k � `�� ' �y � ���Arest 11i31'd•Stxeets Grand Islaad, NE 68801 (herein"lender"!- -�,', � ` -
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<br /> ' - � FOR V/l,i�t!/1�ts►Ct3li91�ERATtON,including W�aeds extenston of aredit idesati�ied#terein to ��d N. Roe altd �"� _
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<br /> r�_ E'�'. _ • . -:�• .: . •: :•,-.: : .
<br /> � Merlene If�,:-�sbaad and WiYe '�`.�� � �''�-�'`
<br /> , . {herein"8ar�a�r2�':wheLherane or more)and the truat herein creat� � •�.`":, ;� �•:
<br /> � the receipt bt r�t�`.Ch ts hereby ack�owleQged,Trustor hereby irreva��grants,�a.R�ters,conveys and assigns ta Truatee,�:,:�;.' , �l
<br />.��, ' � , � . � • TRUST,WITNPOWEROFSAi.E,torthebenetitandsecurityaEf�:�er,underandsu�;ec¢tbthetermsandconditionshereinafterse� � . � '� _ �
<br /> , _ - .,. torth.tt�e real prope►ty,desc�ibed aa tolfawa '$•�� ,
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<br /> •'` � , visian fn �Eee Citq aY �°{`t4��' . ---—
<br /> � _ .. � . I,ots Qie (1) and 'i1�o �2), in Ne.sse].g� Subd3. s . • , .-��
<br /> '�: `` .- ;i:! Grand Island, Hall Qotmty, Nebraiska. . �' �, '.. _ �:%'���
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<br /> • Together wtth ail buitdirtgs,improvements,tixtures,streets,aileys,pa55ageways,e�sements,ri hta,ptivi(e es and appuRe- 4'�:>�� , � �
<br /> � . nances located thereon or in an ise ertainin thereto,and the rents,isss:es and p�ts;reversiorts and remainders the►eof,and' •� ��
<br /> 15°iir�;� ��-:.
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<br />. auch personat prnperty thet is at ached to the improvements so aa to ca���e a fixt��:e,inetutling,but oot timited to.heaUng anci r�• • ' � . .
<br /> � �. ' � caolinp equipmen�an0 together with the homestead o�maritat interest7,�a�ryr,which interests are hereby reteased and waived:a!6 � •
<br /> . .. at which.lncludinq reptacementsand additlons thereto,is hereby decimced ta tre a part of the reaF estata secured by the lien of th�s 4. ".;�-�-�
<br /> � • �� � . Deed ot Trust and ail ot the toreyoing being referred to here!n as the"ProDerty"• . � ' ` _
<br /> �_ � This Oeed of Trust shal)secure(a)the paymens of the prmcipat surn�ne�:nTerest evidenced by a promissory nnte or credit . �� _ . ..� :�:
<br /> �;�„ _ , Februarv 18 1992 � � February 19, 2007 , T;:•. -
<br /> -�-." '. agreement da+�a! • ,having a ma*,:riry date of . . . ,�r`r:�;°�`�- :
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<br /> � ' �. , in the origina�principai amouM oi� �Ssg�-� .aRd any a� � �, 5i��
<br /> ��;'•� �, ,,. . �a`t mod�fiCatrOns,extensions and renewats ,.,
<br /> ' �.. :��•: ., thereof or thereto an0 any end all tuture advances anA readvances to Borrowe�!c~any of them it more than one)hereunder �,,�
<br /> � ' pur:uaM to one or more promissory notes or credi!agreements(herein called"Na*.e"'i:�;Ci the payment ot other sum9 advanced by � .
<br /> : ' Lenderto prCteCt the aecudy of the Note;(o)the pertormance v1 all covenants and agreements ot Trustorset forlh herein;and(d)ali E. " •�- �
<br /> � • • �; ". preBeM and fs�ture indebteAaess and obligatlons of Borrower(cr any o!;re.*.s it more than one)to f.ertder whether direC�indirect ; • ' ;;�'�-4. �';
<br /> •- abaotata er cant3ngent and whethe�arlsing by nate,guaranry,overdra!�c:.oiherwis@.The Note.tt��s OeeO ot Trust and any and e�f ,':�'r`,��:, .
<br />_ otherdocuentsthetsecurelheNoteorotherwiseexecutedinCannect�o��:erewith.i�CtGd�ngwithoutiimitati0ngua�antees,seCUrity `•����`'.�°
<br /> � �greements and assignments o1 leases and reMs,shail bo reterred to here�n as the"ioan Insiruments". ,����. •
<br /> • _ - Trustor Covenanu and agrees with Lender es foilows: '-': •
<br /> .!�� � . f.PsynMM ol tnd�6t�dn�a�.Ail lndebtedness secured hereby shat?�9 pa�d wrre�due.
<br />'�� � . 2. Tt9�.Frustor is the ownei o1 the Propertyr.has the right anQ auth�r�ry to convey the Property,and warrants that the iien �
<br /> ' created hereby�s a tirat and prior lien on the Property,except tor I�en�anci encumbrances set torth by Trustor in writing and . � -
<br /> . delive►ed to Lender betoreexecutien ot this Oeed ot Trust,and the execut�an and Qei�very ot th�a Deed of trust does not violate any
<br /> ' � contract or other obligaUon ta whioh Trustor is subjact
<br /> 3.Ts�,�aa�s�m�nQr.To pay before delinquency a11 taxes,speciai assessments and atl other charges egainst tha Propeny .
<br /> • now or hereaKer tevled. •
<br /> � , 1. fn�wanrs.To keeptha Properly insured against damage by t�re,hazards►nctuded w�thin the term"extended coverage",and • .
<br /> auch other hazatda a9 Lender may requ+re,in amounts and wdh compart�es acceptabte to Lender,naming Lende�as an additional
<br /> • named Insured,with loss payabt9 to the lender,In case of toss under such poticieg,the Lender�s authorized to ad�us�collect and
<br /> compromise,alt claims thereunde�and stfal!have the optlon of apptymg an or part ot the�nsuranca procaeds p►to any indobieQnass
<br /> seCUfed here6y enQ in 9uCh o�d9�as Lender may determinH,l�+?to thcf Tru9tor to be used fpr thv repau o�restoration of tha Property �
<br /> or(iii)tor any other purpose oe obJect saUsfactory ta Lender wrthaut aftocLng thv I�n ot fh�s beed of Trust tor tho full amount secwed �
<br /> � � . hereby before such payment ever took ptace.Any appilcat�on ot proceeds to indebtedn0ss shati not extend ar postpone the due
<br /> . dats ot any peyment�under the Nota.or cure any defaui!the►eunder Or hereund@r. •
<br /> � ' S. Eferow.Upon wrltlen demand by Lender,Trustor shall pay to Lender.in 9uch manner as Lender mayt designate,suflicient , .
<br /> . �, _ .. _ aumst0 enebie Lend9r to pay asthey become due one or more o!the toltowing.(i)all taxe9,assessments and othor chargesagainst �
<br /> • thA PrOpBrty,pi)th8 prAmiums on th0 properry insurenCe required hereunder,and(iiij the premiums on eny mortg3ge in5ur8�iC�
<br />� required by Lender. �
<br /> 8. MalnMnane�.Rp�irs and Canptline�wNh Laws.Trustor shall keep the Properry in good Condit�on and�epdir,shalt .
<br /> prampUy repsir, ar�eplace a�y tmprovement which may be damaged ar destroyed:shalt not commit or permit any waste or � .
<br /> � � • • deterloraUOn ot trie Propertyr:shall not�emove,demotish ar substantialty aiter any of the improvements on the Property:shal►not
<br /> . � Commit gufter or permitany86tio hedone in ar upon the Properfy tn vlotatson af any law,ordinance,o►regulatian;and shaif pay end
<br /> ' ' • prompUy dlscharge at Trusto�'s cost artd expense ait tiena encumbrances and charges�evied,�mposed nr assessed aga�nst the •
<br /> •=--._. ------ --- - -- Prapuely or assy�=s lhort�ot . . . _ - - __ . .. - . -- . ... .- - = - - - •-_- - ---�----- -
<br /> . � 7. ErniMnl Oom�irt.Lende►is hareby assigned 8I1 compensaUOn,awards,damages and other paymenta o►relief(here►natte►
<br /> - ' • "Proceeds"�tnconaecNonwithcandemnatianerothertakingalthePropertyorpartthereof,orturconveyanceinN�uofCOnCBmna-
<br /> � � � tlon.Lender ahatl be enUtted at its option to eammenee,appear in and prosecute rn 1ts own name any action or praeeedings,and
<br /> ". ' . Shell atso 6e enUUed to make any eompromise or setllemenf ln connectien wlth such faking or damag�In thtr,event any portton of . . _ _ .
<br /> . . _ eaears���nauuua�e.r�o�ae � ,-
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