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<br />_;;: ;;;; D�ED OF TRUS71�lIIVH FUTUR�ADd�1NCES
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<br />�;�`_�"<<* THIS DEED OF TRUBT,Is made ao ot ihe e��t.►, day of ��ar. ,19 ti�, .by ond nmorsc�
<br /> �:-...��,; c5
<br /> �.i���;���'�� � the Trustor, Z i l 1 er '1't 1 e l nc . \�
<br />. :""`�a �,.t1+ h ;1ac�i�on :�L �,r�r,d [sland Nr� :�t;o'�,;-1�11
<br /> �� -�=�� herein"Trustor,whethar one or more),
<br /> _-�.i,�:�� whosa malting address Is (
<br /> M:��a�
<br /> � theTnistae 1'�vt� Pr�in1 i Tti•tnk, ��'Fhr-�rva t'c,r nn r�at��in --
<br /> s�r �,{�fA
<br />='____—_-- whosemailingaddreasls �"•U. :����: 15U�7 Grand lsJ.ana, �[ E�ati��:: (horeln"Trustae`),and
<br />��_-��i� the 98neflCt�ry. �a�c !�int� }:�ank
<br /> --"";�*�°s'� whosemflilingeddresei9 ��1�� 8. Ilro�dvkll Grar.d Tsl��nd, NG. �,c�ti�.': 1�,G�7 (��atn"Lendet").
<br /> �� FOA VALUABLE CC>ldSIQERATION,(nctuding L�nder's extenslon of credit IdeMlfied herefn to
<br /> ___ --=�
<br /> ___ �3.�ke3 "Fi fe t+r�, (herein`Borrower."whether one or mora)end the tn�at herei�created,the recalpt
<br /> - - _— iri wiuCa`�iu�'io�`auji dwnirGi�1'cf�'�,TPiio�i�i".Jjf$irY�.h!�QS3Sl2°.,!t° °9!9,nnnyg�c a�r1 t�aulno�vt tn Tn�s4�a IN THLl3T,WITH
<br /> 'P?�� POWER G�F SALE,(or the benefit and secudty of Lender.under and subject to the terms and conditions heretnaiter set tortl�,4he reai
<br /> Sr�� arc�e�y de���ea as rabws:
<br /> _-- ' Loto 1, 2 and .�, Olock 7. Kernohan & �eck��r Addit:�.on to the Gity of Grand
<br /> � Island, Hall �.aunty, Nebra�ka. -At�U- fractional Lot one �1>. in Rlock E:iyht
<br /> �b) �.n Kernohan and Decker':: hddi.t.ion to thE� C�ty ol ��c:ind I:;.l:,rid, IIa11
<br /> = Ccun�:y, P�ebraeka.
<br /> -- — Yope�t�r wlth all buildi�gs.Impravements,tlxtures,streets,alleys,D�gewaye,easemente,�t9hts,Pri�tfleyea and eppurtenunoas
<br /> � located thereon or in anywise pertainlnp thereto,arxf tha rents,Issues a�d proflts,reversions and remafndere ihereof,and such per-
<br /> sonal properly that Is attached to the improvements so as to constitute a tlxtura,inGuding,but not lim(ted to,heattrtg and caoling equip�
<br /> menh,end together wUn the homestead or ma�ltal interests,Ii any.whdch Interests are hereby released anci watved;all of whloh,tnclud-
<br /> (ng replacements end edditbns thereto,[s hereby dectared to be a pad o!the real estate secured by the lien o!thls Qeed of Trust and
<br /> all oi the toregolny beiny reterred to herein as ttte`Property'.
<br /> This�eed o1 Trust shaU secure(a)the payment of the pdncipal aum end Interest evtdenced by a promfssory note or r,�bw:a�sw+-
<br /> — �g�����ff = ,having a maturity date of � ` �.
<br /> -- -- In the odginat pdncipal emount af S ���,���� �1�� �and�ny and ail moditicatiais,extensk�ne end renewata
<br /> tl�ereot a thereto and any a��d all future advarxes and readvancos to Bortower(or eny ot them If more than one)herounder pursuaa�t
<br /> to one ar more prom(ssory notes or credit agreemants(horein�1fed`Note'�;(b)the payment of other sums edvanced by Lender to
<br /> protect tha security of the Note;(c)tho peAormanca of ell covenants and agreerrtente oi Trustor Fet toAh herein;a�d(d)all present end
<br /> tuWra tndeMadness and obNgatbns qf Borrower(or any of them if rrAre than one)to I.ende►whether dtrect,tixfiract,ebeolute or contin-
<br /> gent ar+c1 whether edsing by note,guaranty,ovebtatt or othe�++vise.fhe Idote,thia Deed o}7�ust and sny end ali ottwr doCUmente that
<br /> secure the Note or olhervrlse executed In connection thersv�ith,Including without Iimitatlan puerantees,sRCUdty agreements and
<br /> ass(gnmo�ts oi leases snd rents,ehall be reterred to heretn as the"i.oan Inatrumenta".
<br /> Tn:s4�►r covenants and agrees w(th L6t�der es fdbws:
<br /> 1. Pmyms�rt of Indsbt�dMSf.A{I(no�abtedne^�s secured hereby shall�e patd when due.
<br /> 2. THie.T�ustor ts the owner of the Properry,has the dght and authority to convey the Property,and warrante that the Ilen creat-
<br /> - ed hureby Is a tRrst Anc1 prior Ilen on the Property, except tor liens end encumbrances set torth by Trustor fn wdting and delhrered to
<br /> - Lender beYara execution oi lhis Deed of Trust,and the execution and delivery oi thls Deed of Trust does not viWate any contract or
<br /> other obNgatbn to whlch Trustor Is subJect.
<br /> � 3.Taxss.Aswssm�nts.To pay betore delinquency all taxfls,spoclal sssessments and all other charges agafnst tho PropoRy
<br /> now or herea(ter levied.
<br /> -° °- ° ° 4.Inauraac�.To keep the Proporty In�urad again�t dc�mago by fire,hazcirds Irtcluded withtn the tertn"e�dondod coverA�}e",end
<br /> —�---- 5uch hazards as Lender may roqui�e,In amounts and with compan[ea accepteble to Lender,naming Lender as an additional named
<br /> Insured,wilh loss payabte to the Londor.In case ot loss under such polkles,tho Lender Is authorized to adJus4,coltect and compra•
<br /> -°•�+�++�� mise,ell nlafms thereuntier end shall havo the optton of applying ail or part ot the insuranco proceeds(q to any Indebiedness sec��red
<br /> hereby nnd fn such order as Lender may dotermine,(II)to the Trustor to be used for the repalr or restoration of tho Proporiy or(i(i�tor
<br /> � eny other purpose or obJect sa8sfactory to Lende� without ailecUng ihe Iten ot this Deed of Trust tor the full amount secured hereby
<br /> .--�s.- �'''__ ""�__'—'��__�_�..�� ��._��___,___.J.......�.�Ie�n I•..�1n6fa�Lmne ehell n.►f nvlurvl nr ivie}rv�nn thn thin tintn n}anu
<br /> ------ WiUftl oW7t pa1s1t1vttt otvl tVtn��natw.nrq ayiyuwann�v v.p.vw..v.. ».......�....���........�_�..�..__.��.r�.__._ �_ ^_ _.—� _
<br /> ._�..�:_, payments urxier the Note,orcure eny dotauit thereunder or hereundor. =
<br /> 6.Eacrow.Upan writtdn demsnd by Lend�r,Trustee shali pay to Lender, in suah mannor as Lendor may desfgn�►to,sufllclont
<br /> 4 ��=� sums to enabte Lender to pay t�a they become due one or more ot ihe foAowiny:(q eli texes,assessments and othsr chur�os agafnst
<br /> ���� the Proporty,(fq the premiums on the property insuranc�roqulred herounder,(iil)the premiums on any mortgage insuranoo required by -
<br /> "--�= Lender. _
<br /> -� �'�-"� 8.A�alnt�n�ncs, RepNr�and Camp7lene�wit7� Lawi. Trustor shall keep the Property tn good condiUon and repalr,ahall =
<br /> �"��""�"�`� rom tl repafr,or re 13�e an Im rovement wh�h ma be dtuna or destro ed;shell not cort;mit or rmft ar+ wasta or deterlo►a- -
<br /> __ ..�?�+st P P Y D Y P Y 9ed Y PB Y
<br /> �-,;�'t -F`- tton of the ProRerty;shall not remove,domolt3h or suhstentially calter eny of the Improvementa on the Property;ahall not commit,suHer
<br /> �-�,'-�4�'' -
<br /> y 4,,�..�� ' or permit any act to b�done in or upon the Property in violation of any law,oMfnanco,or regulaUon;and shatl pay cind prompUy dis•
<br /> =_����j��; chArge at Trustor'e cost and expense all liens,encurribrances and charges lovled,imposed or accossed against the Property or eny _
<br /> — pa►t thereof.
<br /> -�� 7.Eminent Domaln.Lender is hereby asslgned all cumpcinsatlon,ewards,damages and other p�yments or relief(herelnefter -
<br /> `� ., wc xsio�+.o�n�r a..ao n...s+s ,
<br />- _ I O�oe�wra,woa�lacm,m.wrne�.ras.w+m�x«vuanu,mhlMMa�. ..
<br />= I _
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