|
�
<br /> � � - ' �.. _ =��--_
<br /> .. . '. 1 : ___----_
<br /> I �l � /� /�
<br /> z a
<br /> .' �(�..,� C c,r Q w .
<br /> � • V (�1 (1 fl L � �\ � o -N-1 ET1
<br /> Sa L� � C) T � hv � Z -p1 � �
<br /> 1 : C '•� � � � � -, �*+ � `-°
<br /> � ��� � —� c� � o , eo
<br /> � N O �
<br /> a
<br /> �� � � � � Tz ~ N
<br /> � �.�1�.1 .� ` , rn � � A m Q p
<br /> � ��, �l R'1 � � ° 3 � n FV �
<br /> � �. � v\ ..� �� c0 � CG �
<br /> � � w
<br /> � � � w N "p �
<br /> �1 N w �
<br /> Dead of Trusi�
<br /> �� Securrng Guaranty
<br /> � � ��
<br /> THlS�EED OF TRUST rs maW Nw 1'� W y�/�A_�ri 1�� �p 96 ,py��,N„ Rayland J. Dounoy Ai�d
<br /> _,$,tefanie D Dn�mev. ! nnd�i�e � �h�,p��rmw�,(A�wNltarcW�dth�"Trusta").
<br /> wne�.natl:nnati�i�uee�a �� !'9[ 3C tYeet� Y8I1 � 8il � E �!t!�
<br /> �yppyy�ST B��K � (Mreinalta ealhci the"Trustes'�,whe e mait�nfl addns9 is
<br /> Z02 W. Thir . ran s an . ,�NORWESTBANN N°A ASKA. �ATjQ�L A$SOG�A��N (h�r�ltrr
<br /> �yl�d q�"B�r+Wiclary'),wAos�mlWv►�addt�ss is '^s' 'ae A« Th�r.i c r ra n t_ Grgild I B anc� �PE—b-B-B�1 .
<br /> w W!lNES.SETH:
<br /> � WHERFAS, T('F CASTi F.� TN�7 ,_ (her�inaPterctN/ad tM"80►fOwil')
<br /> � n,s•�v ro sena�crary ror aw w►►�o+�.�o�►�s.amw�s or c�ad�r,a orna financ;a�accar��odana�s and may nereatte�rrom amo ro ame
<br /> �pfy ro Bsnaticiary for�ddi0a►al loa►►,s,l�tt�rs d cr�dit and otha financtal accorrwnodations;and
<br /> � WFIEAEAS.to induc�e BerwticiuY to provi,�f'wwicial accanrrwdstians to E3onoww:
<br /> (� N d�1s/ X J is checked,Tiusia has gwrantead to Beneficia+y the paymant and perlamance of eacb and Qwry debt,liaDiliry and
<br /> obiigdtion of every rype and descdption w1Ych Borrowar may now a at any Wne heroafter owe to Baneficiary(whethe►such debt
<br />_> Mabilrty a obaigatior�now sxisis or is hwesRar cn�ted a incw�ed,and whetlwr it is a may be diract or indirect,dve or to become dua.
<br /> - adsoluta a cauinyont prin►b+y a sacondarf.li4uidatad a wWiquWated.a prrq.seve�al a Joint and severa!).
<br /> (b) H this( 1 is checl�ecl.Trustor Aas ywvar►toed ro Be+wticlary Nw payrr�nt and perlamancs d tAe d�bt.tiabifity.a obriyation of
<br /> - Borr�war on Ban�::ary evidenced by or arisiny our of the/dbww�g:
<br /> . .Oltd
<br /> - a,�y exynsipns,r�+r►ewaJs or replacemenrs therool,
<br /> - toQatlwr�4h a,.�cn�a�st siarest tAerea►and ratatod costs of w�hw�cemaru arrd code�k�n expw�ses�Pursuant tn a Guarar►ty{hereinaft�r caikd
<br /> tlis"Guaranty')of e►�en d�t9 l�prowith;�►d
<br /> WHEREAS.Baw�iCiary has ro4uired,as a condiL�on Precedent to the eztenaa►d a�Cimr►cial xcannada.io�n to Barravw,Nwt Tiusta
<br /> exec,ae ws need d rrusr br a�s purpose a securing par►�enr or rlw cuaranry.
<br /> NG:i�THEREfORE,in oauideration of the premises end tor G►a purpose ot seccannq(a)paymont,when and as due and payable,of tl�e
<br /> ablinatla�s o/Trusi�or under tIw Guara►►ty�(b)the PaYment of a!I othe�sums,witl►i►uarpsY tAereon.wlrcR may De advanced by Beneficiary or
<br /> 7iustee in sccadanct wdh or wNch may be sacured by this Deed ot Tiust.and fcl rne Aenamanee w an w me covanams.agrsemsnis and .
<br /> conditi�ons herek+�xihined,ali of whfcA is hereinalter coNecbwy ca!!od the"fndeDae�ess,"Tiustor irrovocaDly granis and transt�rs to
<br /> Tiustoa,in Wst,with PaWER OF SALE,all of tlto fWiow'�ng descriDed property.
<br /> Lot 2, Weatern lieights Fifth Subdivision, City of Grand Island, Hall Ca�unty, Nebraska.
<br /> toQetlw�with f)aN buildings,svuctures,ariditions.e►Yargements,moditkaSons,repalrs.replacernents�and lmprovements now w herea/te►
<br /> located thereon.(Il)�I►eQulA+nent,machinery and fixtures pncluding wiMout pmit8tion,aR 4gAting,heatiny,venbla�.~ny,c�ooJing�aii
<br /> condi6onfn9.SPr►nldin9�P�9 Sxtures,water and power systems.er►9ir�boi►a�s,ranges.owns�dishwaslwrs,minors and mantas,
<br /> carpeong.fwnaca�o36umers,e�evatas ar►d motors.rrfiigerabon pJarWS or wrCS,c�cmmuncaba�systems.dyn�nas,vansfonners.eJeca�icat
<br /> aQuiprr�eru,stam and scroan wlndows.doors,awnings and shades)now or he�eaiiNr attached to.or Dvilt in,any buildJng a rmprowrr�srx
<br /> now a twaalter bated Nir�eon,fili)aU ease►ner►ts and dghts o!way aFpurOana�t r1�to,(iv)al1 le�saNa►d estara,dghr.btle and lnierestof
<br /> Ti�rin arid ro�!!kases,whether riow or herealtw e�ng or enDerQd ir�(w�psuding. widaut Gmifabon.al!cash arxi secwity deposits.
<br />— adr�r►c��r►tals and doP��aPaYrt�o/a simJlar nawrel.Aertyrin4 L�.fv)a1l rerks.lssues.P►ofiLS and income therehan fsubject
<br />= to Ghe rirht of Tiusinr tu coUect and apply such rents,issues,Profits and incane as they becorns due and payab/e so/ong as no esreru o1
<br />: dofauk eaasfs Aer�caw;ar),fvi)a!J royaqies.mkreral,oil and gas dghts and pr�ts.wa�d water rights.and water siock(vi+)a8 tene+nents.
<br /> M+rdi�enants.P►iviie9eS and ePP+�Rer►ances be�on9i+►9�usod a enJoyed ln corx�sc5orr therewith,and(v!i)aA procceds of ca�v�ersion.
<br />-- HoG,r�tary a Ir►vorurxary.o!any o1 tl�e loreydng into cash w I'puidated cla�ms(ixfixiinq.witlaut/'unitaOlo�n�proceads of u�s+xence and
<br /> cona�mnation 8wardsl,aAO�f which!s benainalter cdiecweJy called�e"Tiust Pioperty..
<br /> _ TO PROTECT THE SECURlTY OF TH/S OFED OF TRUST,TRUSTOR COVENANTS ANO AGREES AS FOLLOWS
<br />— 1. Trtle.Trustor cov�enants,warrants and agrees w'dl►8eneficiary,its successws and asslgns,that Tiusta owns Uw Tast Proper y/ne
<br /> — � hom any prior lisn or encumb+ar►ce.that this ONd o!Tnut is and wiU remain a valid and onfotceable fi�s:ier►on the Tnut Properry,
<br /> thai TrusJOr,at ifs exponse,wi/l presave such titie and wiA maintain this Daed of Trost as a firsf and paramount lien upon the Tiust
<br />= Property ant!wilf faever warrent and defend the validily artd prioriry o1 the lien hereol against the Clalms of aN porsons and pa�ies
<br />:� wi�omsae+�er.Tiusia,ai i��exper.se,will cause ttsis Bae�ot Trust,�r,d c:ch:m.^.rrdm.^.rtt or svFp!^,.mant berieio.fo be hled end
<br /> — �rcorded as a moRyaga of U►e Trt�st Prope�ty Jn such manner and in SuCh plxe and wifl talro Such acton as in the opirJOn of TRatee
<br /> � may be requind by any present w luture!aw in ader to perfect,mainian and protect the Ben ol Ws Daed of 7ru,c7,as U►e sama may
<br /> be amanded a suppiernented ham wne to time.Tiustor wiA make such tuRher asswance or essurances to peAec!its title to the 7rusi
<br /> Propsrty as may be requaed by Be+►el'iclary.Trusfa hereby relrnquishes all rigAt of dower and Aarwsfe�d in and to the Tn�st Properry.
<br /> ?. Paymant of lndeb:edness.Trustor ayrees to pay pranptly whan due a!I IndvbJQdness arising under flw Cwaraniy a otherwise awed
<br /> ro e�rw�iciary.
<br /> 3. Funds la Payn�ent of Charges.Serbjsct to applicable law or to a written waiver by Beneficiyy,Tiustor shaJl pay to Beneficiary an tbe
<br /> first day of each month,a such other date each monN as m�y be specified by Be+►eficlary,until the lndebtedness is pald in lull,a swn
<br /> � (hwarafter calied the"Funds')equa!to 1�S2th o1 ihe yearly taxes and assessments which may attain priairy over this Deed o/7nui
<br /> and qround rents On U►e 7ruSt Property,il ert%plus 1/12th d tiie yearfy piemium instaJlmenfs/or hazard irtsuranCe,ptus 1/12th of the
<br /> � yearty prQrn�tum instatlments fa morigage ir.wrance,8 any,a!1 as reasonably esvmated initia!!y a►rd from time to time by Seneficiary an
<br /> � the basls ol assassments and b�J/s and reasonaGa estimates thereof. Tf�e Funds shaU be hefd in an instituUon,the de�si's or
<br /> accounts ol wh+ch are insured a guaranteed by a federai a state agency incJUding Benef+ciary.Beneficiary shall apFtj the Funds to
<br /> pay said taxes,assessments,insurance prertrums and qrour,d rents. Baneficiyy shalJ not be required to pay Tn�sta any interest a
<br /> eamings on the Funds.Bsnef;�ary s!�!1 give to Trusfa,r%thout charge,an aruwal xcoanting of the Funds showing c�edits end
<br /> dabits ro the Funds and ihQ pwpase tor which each dabit to tNe Funds was made.7he Funds are pledged as additiona/security tor
<br /> tl�Mdpbtadrwss sacwed by tlsis Dead ol 7iust H the anwunt at tlre Funds heW by Beneficiary,toQether with the future monthly
<br /> w uroocwoµ�s+mrqw.d..ed,h
<br />
|