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<br /> .��'`;��'� �: �CED OF TRl6�T VVtTH F�TI�FI�AD�/ANCES
<br />°.�.urt�:�
<br /> ��r:�i� �c�
<br />-��;•y:�� T�d6S OEED OF TRUST,Is made ae of the �th day oi IUg�-�h ,19�.6___,by and smong `p� -
<br />��"'�'� Uw Tnistor, Sae�dra J. �11a�4., a sinal� person and �atsy P, Paxton an unremarriea� w dow \
<br />?.a�±l
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<br /> _= = whose mailirsg addresa ts P 0. Box 865 Grand I sland. NE 6880�-l�Wein"Tr�+sto�",whether one oe moro),
<br />-----—��
<br /> tl�e 7�vntee —'
<br />_-��� P.mo Box l�07 Grand Island, NE 68802-1507 (herel�'Trustee',and
<br /> whoso malling eddress la
<br /> -._: the Benefictary,��-Baq''
<br />_. — whoae mailing address Is 2015 N. Broadwell Ave. Grand I sland, NE 68802-1507 (herein•Lende�.
<br /> FOA VALUI�LE CONSIDERA710N,including Lentlers extenslon of oredit Identified horeln to —
<br /> — 5an r . En le and Dais P. Raxton
<br /> (herein"Borrower,"whether a�o or more)and the Wst hereln created,the receipt
<br /> oi vrhicn is iwrouy n�.r�w'�aQ��TrM%t�t�wssb�lrre�!+c�ih!;orantA,trenstere, conveys end assiuns to Trustee, IN TRU3T,Wf11i
<br />_ — P03AIE�i OF SALE,for the boneflt and security ot Lender,under and eubJect to the terms and condttiona herelnafter se!iorth,the real
<br />_--- Property descrihed sa toliows:
<br />-, l.ot Four (4), Llttle Pioneer Subdivision, City of Crand laland, Hail County, Nebraske.
<br /> Together wkh afl buikiinps,improvemente,fixtures,strc+ets,alieys,passuyeways,�asemente,dghte,pfiri{eyes ancl appurtenanoea
<br /> bcsted thereon or in anywise pertaining thereto,and the rents,Issuea end proflte,reve�siona and remalndere thereof,and such psr
<br /> sonal propeAy that Is attached to the impravemonte so es ta constltute a fixturo,Includfng,6ut not Ilm(ted to,heating end 000ling equlp-
<br /> ment;end together with the homestead or marttal Interests,tf any,which Interesta are hereby reteasnd and wnived;all ot which,tndud-
<br /> ing repiacoments and additbna thereto,Is heraby declured to be a part o1 the real estate secured by the Ibn o!this Deed ot Truat and
<br /> all of the toropoing betng retomed to hnroln ae the"Property�'.
<br /> Thia Deed of Trust shall sACUre(a)the paymant of the pdnctpal sum and Interest evidenced by a promissory note or credtt apree-
<br /> ---- m��,.+��d+� �,��.,.r. �, t aaa ,having a matudty date o4 ��rh 7, i4QQ .
<br /> in the orlgtnal pdnaipal Amount ot S��...�L�#.'1.,�� , ond any and ull modiflcatlons, exterrsbns and rene�ra�
<br /> ��� tl�ereof or thereto and any and alt tutura advances and readvancea to Bomowar tor any ot them ii more than orM)hereunder pun�uent
<br /> - — Io one or mcxa promtseory notea or credit agreements(herein called'Note");(b)tho payraont of other suma advar�ced by Lsnder b
<br /> pratect the cecurfty of the Noha;(c)the pertonnance oi all covenanta and egreemonts ot Trustor set forth heretn;and(d)all prosent and
<br /> luture Indebt9dness and abilgatione ot Borrower(or any af them if more then ona)to Lender whgther direct,tndirect,ebeotute or cond�•
<br /> pent and whethec erlsinp by nofe,guarenty,overdratt or otherwlse.Tho Note,thts Doed of Trust snd any end eA other documenta that
<br /> eecure the Note or othorwlse executed fn connection therawlth, Includin�without IfmltaUon guarantees, securiry egreements and
<br /> essfgnmente ot leasea and renis,shall be reterred to herein as the"Loan Instruments".
<br /> 7rustor covenants and agreee with Lender as tolbws:
<br /> �, pry��a}��acla�ese.All Indebtedness secured herel�y ehall be paid whon due.
<br /> 2. TM1�.Tnistor Is the owner oi the Properly,hae the�ighi end authority to convey the FropeRy,and warrants that the Ilen creat-
<br /> - od horeby is a fi�t s�nd p�for Uen on the Property,except for Ilona and encumbrances set forth by Treisinr in wdUng end delivered to
<br /> - Lendsr botore execulion of this Doed ot TNbK,end the executlon and def;vary of thfs Deed of Trust daea�ot vlolate any contract or
<br /> other obliqation to whlch'ini9tor Is�subJect.
<br /> g,Tix�,/►�sosam�nts.70�pay betore del�nquency all taxes,spectaf assessments�nd ell otiier charpes agalnsi tho Property
<br /> now or hereafier 4evied.
<br /> --•�°-�- = 4.Inwr�s�a.7'o keep tl�a Proporty tnsured egatnst demt�ge by f.re,hazards inctuded wlthin tho torm"extended coveruge",and
<br /> - suc;h hazards as Loa►der may require,in am�unts and with companles accaAt�ble to Lender,naming Londer sa en additionat named
<br /> In�ured,with loss payable to the londer. h�case of toss under such polfcies,the Lender is authodzed Qo adjust,coilect snd compro-
<br /> - mise,ail clatma thereunder and�hall have the option ot applying all or part ol the Insurance procee�s(q to eny Indebtedness secured
<br /> -� he�eby and in such order as l.ender may detormino,(iq to the Trustor to be used tor the repair or restoraUon of the Property or(Ili)t�r
<br /> � any other purpose or object satisfat4ory to Lendor without aNecNng the Ilen o}Mls Deed•of Trust for the tul!emount Eeaued horeGy
<br /> ---- .r._..,..�e..s e....e...,��.zr�n n�nmr�in Indahtednnss shsill not extend or nostnono the due date of eny
<br /> —-- OH[O(B6W7tpujntotno�v.aw..p.o.........s-rr�--�-••--•�'---- - � .
<br /> ...�.� p�yments ur►de�tM�Noto,or curo any detault thoreunder or hereundar.
<br />----=-=-- 5.Escrow.Upon written demand by LorMnr,7rvsiee shall pey to Lender,(n such manner as Lender may desigoatu,sufflcient
<br /> ---= surr�s to enaWe Lendor to pay as they beoome due one or more ot ihe followfng:(q a1i taxes,assessments end othsr charpea against
<br /> � � the property,(11)the premlums on the property insurence requfred hereunder,(ili)the premiums on any moRgage insurence requlrec!by
<br /> ----_- Lender.
<br /> ---� 8.�Aalnbnanca,Rfprin und Complinnc�wtth I.�ws.Trustor shall keep the Property In good conditlon and �+epalr, shali
<br /> _=� � prompti�rupalr,or replace any Improvement whlch may be damaged or destroyed;shall not commit or permit Rny waste or deteriora-
<br /> _��+�:�:"-� yon o}the Property;stu��l not remove,demolfsh or substantially atter any of the Improvements on the Property;ohaM not commit,suffer
<br /> or permft eny ect to be done tn or upon Lhe Property in v to lat l o n o f any IAw,o r d inar►ce,or repu la Uon;and shall p a y end prom p t t y dls-
<br />-j"�'� charpe et Tn�stors cost and expense alt Ilens,encumbrancea and charges Isviod,imposed or nccessed agalnst the Property or eny
<br /> ---r� p8rt HrDreof.
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