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<br /> PTNR.� D. S G . P'LNB. •
<br /> — BflUCE I. � ' _
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<br />�;° -- DENZHL . BIISICRs � + ARII�D R. BdAC�s �ENJ •
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<br /> r#..': WITIt FUTURE 11DVANCES �z �. p ' •
<br /> - I�iI��RL. .JQ�'f.SOK«i !' �
<br /> -- �TH(S DEEA AF T�iU9T.is mads as of the�Qa�l�» FEBRIIAAY � -,1�2�s=.b�(arW amo�0� - .�
<br /> , - the Truster. WREEI.ER STItEET PARTNERSHIP • ..
<br /> - whose maiflnp address ia ,•," ° �°°4i.�u GBA�ID_YSLA�. t�it hRft(lt (fierein'Trustor."wNetAer ons or moah .
<br /> ths Tius�es � - . . ,
<br /> � :wtwse mailing eddress is p a` BOX 790 GRAND ISI.AND. NE 68802 � (herNn'Tru�lss'ry.and -
<br />. °�s .
<br /> : �g���ry. � n T.AflB AA'120NAL BANK OF GRAIiD ISL�� ' .
<br /> >,
<br /> g'�v`� P.k�. SO% I188 GRAND ISLAND. NE 68802 (heretn"I.endsr"!• - '
<br /> • y:_;1, ,whose mailing.adaress is ,
<br /> •_- �• • vtitzRtpk S'PREET : . .
<br /> ' �. �rr 1;�`t;3: ` FOR YAW�18tE COKS��RATION,inciuding Lenders extension oi credit identifled herein to
<br /> _ , �::; ;�....• .
<br /> ' '.;� -;'" ���?��� ----,{herein"Bonower",whether one or�nore)and the trust harein created.
<br /> •����= =.i�`� '� • ths receipt qf which ts hereby acknowleQged,Trostor hereby inevocably grants.transfers,corneys and aasigna to Tcuslee IN •
<br /> �,-. a-:.--1*•
<br /> =°�:�.�,�,� �•�`�1 TRUST,WfTH P�vYER Of SALE.for the 6enefit and security ot Lender.�Rdes and sabjectt4 the sem�s ana conditions her�einaner set
<br /> �s,:-y:•; forth.the redl0f�nll.describad andotlos�� �
<br /> . , ��(� LOT SEVEN (1) AND THE SOUTH 2/3RDS OF IAT EIf�T �8}, BLOCR Sl,
<br /> . . _. _ " ORIGINAL TOWK aF GRAND ISLAND• HALL COUNTY, h'EBBASRA ,
<br /> . r _ �`_�I: . . .. . .
<br /> ..�fw-�� -"z"�,,s�• ^ . . . .
<br /> �� 1>��_i_.,�..,. �.. .
<br /> ' 'j��'�`��r" ' Together wlth aIl buitdings,improvemereis,fixtures,streets,alleys.passageways,easemenis,rigbta.p►ivlteges and appuRe-:.
<br /> _ ` nance�Ixated thereon or in anywise pertair.:ng thereto,and the rents,sssuea and profits,reversions and�emainders thereof,8nd --
<br /> ;��.��. . . •. / suah peraonal property that�s attached to L�^.e improvenents so as to constltute a tixture,includinp.but not Umited to,heatinp snd __ ._
<br /> ' ,��. '•� • CooUnp equipmenX a�d toge�*er with the ho:�estead or ma�Itai interests,if any,which inte�ests are hereby reteaaeQ and waivsd;ali �T°-
<br /> • ��.�;,� .. of which,inciuding repiacerner.ts and add"Rions thereto,is hereby declared to be a part of the real estate secured by the lien of this t��,��,
<br /> - �•. �� Oeed of Trust and ail of the fsregoing being reterred to herein as the"PropeAy". �'��!
<br /> -;;'. .r�.. �: :: �°�=�.
<br /> ;:�',... .,:.: •
<br /> ' -- --L�� ��'�"� - This Oeed o1 Trust shaN secure(a)the payment ot the principaE sum and inte�est evidertced b a promisso note ar credit '�K�
<br /> �_�; .,.. Y ry ".1�:�_-�`
<br />�,]'�' ��jK•��'ti�_._' ' ` _' ,rY�.
<br />� '�° ayreement dated �R�1 R 20. ig92 ,having a maturity date.ot FEBRUARY 20 1997 , • Y.''�
<br /> . �:I..f�. '�Y
<br /> . ,: .�`���'� .`: �0 00 .and an rtd � �•,-
<br /> �:':�:.� in the originel principal amount of s�BQ,.fl y a all modifications,extensiarrs ana renewdt8
<br /> � � '-�:�z. ` '•� .�°'�;.� thereot or thereto and any 8nd all future a3vances and readvances to Bercower(or any ot them i!more than 6ne)hereurtae► • •.
<br /> '���'f==�°� �� •�• �% pursuant to one or more promissory notes or credit agreements(herein ca[ted"�1o'e'};(b)the payment of other sums advanced�Y ' ' , ,
<br />. . ,T:..�.,- , •. `.
<br />, '- „•,.--�.��';t'"I;;'' Lender to protectthe securlty of the Note;(c}4ha perto�martceof af{covena^s and agreements of Trustor setforth herein;an0(d}ali� , ,�
<br /> �� � 3.,:;-.:. :; • - • present and tuture indebtedrtesa and obiigations ot Borrower(or any ot th8m ii mere tr.an one)to tenCer whether direct indirecX �';,, '
<br /> ����-�'� '• absolute or contingent ana K�hether arising by nate,guaranty,overdraft or otherwise.The Note,this Deed otTrustand aay and all
<br /> �� - � ' ather docuents fhat aecure tt�eKOte or otrerwlse executed in conrtection iherawith,irtct�ding without Hmttatton guararteas.security �5;.� _
<br /> �:�.; � � 'ayreements and assignments af leases aa0 rents,ahail be referred to herein as the"Loan Instruments'. �' °
<br /> .�::.'.: ...,;,�. . . ;.,
<br /> ����� ' '��-?'?� Truator covenants and agrees with I.ersder as follows: '
<br /> _ _ ��, ,
<br /> ' '� �� 1. PfileNn101(ndNflldMis.AQ indet`.eCne9s§eCUred hereby sNali be paid when due. � .
<br /> � 2.1Htf.Truator Is the awner of fhe Pre�erty,has the right and authorlty to convey the PropeRy,and warr2r.�that the liert •
<br /> ' Ct@8t2d her2by ie 8 fhst 2�tct p�1or Iien On.�e PrOperiy.except br tiens and encumbrance9 set torth by Trust�r i�wriUng an� !; ' - '
<br /> • . delivered to Lender betore�xeCUtlon ot th;s*Jeed of Trust,and the execution and delwery of this Oeed of Trust does^�tviolate aay ;.- �
<br /> ; .�,�;, cvntract or ottser obtigaticn to whlch Trus,o�ss subJect. (.�, ' .
<br /> � 3.Tsx�s,M�nNnb.To pay betcr�Ce�inquency all taxes,spec+a�assessments and a��ather chargea againat tha PropeRy� ,
<br /> '.`' now or hereaner levied.
<br /> • 4. Insuranc�.7o keep the Property irt5ured againstQamags by f�re,7azar ds inc lu de 3� t h�r t t h e t e�m"e x t e n tl e d c o v e r a g e".a n d , � �
<br /> � such othe�hazarda as Lender may require,in amounts and with companies acceptabte to LenQer,naming Lender as an additionaf i, ; ' .
<br /> named insured,with lo�t payabte to the Lender.ln case ct ioss under such policies.the Lender ia authorized ta adjusL colleat and. ;,..'
<br /> � compromise,al)cteim�thereunder and shaii havethe option ol applying all o�part nf the insurance prvCeeds(i)to any Indedtedness �
<br /> secured hereby anA in auch order as LenQer may determine,l�i)to the Trustor to be used tor the repair ar re9toration of the Properry• ;
<br /> or pii)br any other purpose or object satistaCtory to Lender without aH�cLng,the Nen o1 this Deed o1 Trust tor the luil amount secured � : • �
<br /> � . � hereby before such payment ever took place.Any appHCation ot proce•eds to indebtednes9 9ha11 rtot extend or postpone the du9• �
<br /> . �tl' date ot any payments under the Note,or Cure any delault thereunder or hereunder.
<br /> � � 5. &crow.UpOn written demand by lendet,T�ustor shatl pay to Lender,!n such manner as Lender may designate.sufHCient �
<br /> � " "" - ' aum�to enabte Lender to pay as they become due one or more af the totlow�ng:(i�a11 taxes,assessments and other.chargeaagainst ,
<br /> ? • �--- - -- . th�Prope�ly,(ii)the premiums an the property insurance required hereunder.and(iii)the premium5 on any mortgage insurance `
<br /> �_ .
<br /> •, requlred hy Lender. �
<br /> � �• A. MalnNnane�.R�psin and Compitatle�wHh Laws.Trustor•shall keep the Property in good condition and repair,shall � .
<br /> ` promptty repai�,or replace any impro48men1 whtch may be damaged or destroyed;shall not eommit or permi!any waste or � �
<br /> • deterioraUon oi the Praperty;shali not remove,demoNsh or substantialty atter any at the lmprovements on the�Property shail not
<br /> � " � commib 9uHer or pe�mitany actto be done in or upon tha Property invtofetlon of any law,ordinance,or regutatio�s:and shall pay and
<br /> � � � prompUy discharge at TruatoPs cost and expense all Iter�,l,ertcum6rances and chargbs tevied,Impased or assessed against the �
<br /> __._,_--_;__`�_��_�=-_ - - Pr°p°Ry or any part thereot. - __
<br /> r
<br /> - 7. EAiklflft DOel�ilf.tertder 19 herebyasstgned ati comperrsaHon.S�vsrds.d8n'rages 8rta E►thet paY�+ee+ts es t0liat{!lSipltl8lter . _ s=.
<br /> "Proeeada"�i�conneoUOn wlth condemnatton or other taking o1 the Property ar part thereot.or for oonveyance in tieu at condemna- ;
<br /> ' � ' Uon Lender shatl be enUltBd at 1ts option to commenee,appear in and proseeufe in�ts own name any�eUan ar praeeeding�,and
<br /> • - ahall atso be entitted to make any compromise or setUement in cenneoUOn with sueh taking or damage.tn the event any Partion ot �
<br /> �
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