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<br /> _ • 7!!LS DEED OF TAUST.i3 Q18d9.YS.Of ihA�R� daY 9f ` APr• • ,t 99�?bY and a�naq .
<br />- !l3deontftieat Frit�erpri�ar�i[fC- ` , ' �
<br />�S ths Ttuib4 , ' � �
<br />,•�` wlw�mtilutQ adaras is - - �(herQitt.:T�stor."wtMher M'ft oR rt�l:..
<br />-`- - FivR Poi�t� Bauk► a lteb�a CorgoratioA .',;:'.'.
<br /> �T��° P 0. 8ox 15�7 Gra�tr�,is3and, 1lE 68862• ' �
<br /> �whoN mdiitq addnss is • � - , ;, .. � �- (hsrotn"Trutt�e"J+�:
<br />�"� Five Poir►�s Ba�ak � . . �
<br /> E�e B�r�eliciary. � . .�'
<br />� P.O. Box 350T Iirand Ieland. �iE. 6$8�r2-�507 �rein"I.ender'�.
<br /> _ - whoss n�ili�addross is _. _ - � - -- '
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<br /> •.,h.: FOR Vi1WA8l.E C,ON.+iDERATION,inctudMg LenQers extension afcradit iQentified herein to _
<br /> : �iz llfdaonlinent EAterprises� Ir1C• —
<br />`�:; .�,.• (hereln"Bqr�c+�er",whel[aer one a inare)and the truat�erein crpa#ed, _
<br /> ' `'!;� the receipt of wAich is hereby acknowledged,Tnistor hereby irrevoeabty grants,nansf�ra,co^veys and assi�ns to Trusts�R�l
<br />'`, ,,
<br /> TRUST,WRM POYVER OF SI11.E.torthe 6enefitan0 aecurity Af Lender,unQerAnd subiegt tcthe termsand sonditi0ns herNna}IDraat
<br /> �� iorfh.ths re�l property.desc�ibad as toltowx ' `
<br /> - �� Suite 37. B Wic�dsor Square Ca�dowini�m Properhl�9�• t1lnit 5. Lot 2, Block 8� -
<br /> _ _ R��eplat�yC.�aitfriental G�ax��a� an Adaitian to tbe C3ty of Grand Island. Ball Cou�ty. . - -
<br />. Ja i _ nR7LOW� _- __
<br /> •
<br /> . ,:,;� ,+,�.,t' TO�ether with all bufidinss,improvements,flxtares.streeb,aileys,passageways.easements.rlgbts,pdviteges aad appurta- ������
<br /> ,�,.: nances located thereon ar in anywise peRainirtg thereto,and the rents,issues and prafits,rewersions artd remainders thereoL and ,�y .=--
<br /> that is attac�ed to tre improvemenb so as to constitute a fixture,inctudinp.but not timited to.heatin�aad ���'.'; ��-,
<br /> auch parwnal property •- -
<br /> ' ,'��� coo0n�equipmen$and topether with the homestead or marltal interests,it any.whicb interests are hereby reteased and watved;a!l _
<br /> - o!which,Inciudin�reptacemenb and additions thereto,is hereby declared to be a paA ot the reat estate secured by the lien of this ' r
<br />' Oe�A ot Trust and all o!the toreDoing being reterred to herein as the"Rroperty". � ( �.,'"-N
<br /> ;_
<br />. ?lnia Oeed oi Trust shall aecure(ay the payment of the principa�sum and interest avidenced by a promiasory note or credit � � --
<br /> ..:��.". April lat 1992 April 1st 1995 . -- - _-
<br />;�� ; -_ � 'i:��. � • a�raement dated .having a maturtty date oi
<br /> - _� _`�w . 15.429.05 � .- .
<br /> , • ' in the ori�inal principa{amount of s -- ,and any and aQ moditications,extensions and renew�s
<br /> � '• � d:�.. thereoi or thereto an0 any and ail future advances and readvances to�Borrower (or any of them if more than one)hereunder �, .
<br /> pursuant to one or more promissory notes or credi!agreements(herein calted"Note'�:{b)the payment ot other sums advanCeO by ;
<br /> ._ _ Lender to protecl the seeurity of th�Note;(c)the peAo►mance ot all eovenants and agreements o1 Trustor sel toAh herein;erW(d)a«� �� , _•_v..:
<br /> • x,±, pre�nt and tuture inde6tedness and obiipatipns o1 Borrower(or any of them if more thart one)to Lentler whether dir�ecti�ndue¢t,
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<br /> - abeoiuts or cbnUnQent and whether arlsing by note,guarAnty,overd�aN ar otherwise.The Note,this Deed ot Trus1 and any aiYJ a9 �_ • _
<br /> otherdocuentslhataecuretheNoteorotherwiseexecutedinCOnnectiontherewith,inctudingwitnouttimitatfanguarantees,security E
<br /> . ayraemenh end aa�ipnments of teases and renta.aha11 be reterred to herein as the"Lcan tnstruments". r�.: .
<br /> � - ,;�,;�, ' ,.i Trustor covenants and agrees with Lender as tollows: . �
<br /> , • • t, p�reNM d Ind�bl�drNN.Atl indebtednes9 secured hereby shall be paid wf�en due. j . ,
<br /> °��•••: ���~�� � 2, 7iN.Truator is the owner of the�roperty.has the right an�authorlty to convey the Properry,and warrants ihat the lien •
<br /> "'�".,,;.. Ct'eated h�reby Is a flr�t and prior fen on the Property,except for t�rts and encumtrrances s�t forth by Tru9to►in writiog and .
<br /> • ' `''`�� .: :�r� • delivered tv Lender betore execut:ars at ihis Oeed ot Trust,and the ezeeution and delivety of this Deed of Trust does�otvlolatesny
<br /> =�����`, contract or other obllyatlan W wh:ch truator is subjec� • ,
<br /> • ' �-��""r "� 3. Tax�t,AtNMnMnb•To pay before detinquency aU taxes,special asse�s�ne�ts and all othar charges apalnst the Property
<br /> '^"'� --'; �, now or heresner tevied. , . •
<br /> ��.;,;, �•.., � 4. UNwane�.To keep the Property insured against damage by frre.hazards�r.c:�ded with�n the term"extended Coverage".and � � .
<br /> „=;.._•_,���� auch other hazards as lender may require,In amounts and with compames acceptable to Lende�.naming Lender as an addiQCnal ,
<br /> � � � `° nam�d insured,wltb toss payable to the Lender.tn casa of loss untler such pohc�es,tha Lender�s authoriYed to adtusL coltect and .
<br />_ _s �!�;• .� , cpmpromise.a0 claims thereunder and shali have the op�on o1 apptying all or part of the insurance proceeds(i)to any IndebleQs�9ss
<br /> � . •• ' necured hereby artd irt such order as Lender may determinv.(if)to the Trustor to be used to�the repair or restoratton ot the Prap��ty �
<br /> �,;,'�' � or(ilp tor eny olher pwpase or object saUstactory to Lertder wlthout aflect�ng ths lien otth�s Oeed o1 Trust for the 1u11 amounf secured
<br /> � _ hereby betore auch payment ever took place,Any appllcation of praceeds to indebtedness sha11 not extend or postpone the due
<br /> - -:_- - -'.---� - dals of arry payments under the Note.ar cure any defautt thereunder or hareunder,•---- -- -- --- --
<br /> � .. `�.,�.�:.._..,.:_.':... � 5. Ef�rotN.Upan written demand by Lender,Trustor shalt pay to Lender.ln such manner as Lender may designate,sufllcient � � • .
<br /> � ' • aums to enabts Lender to pay as they become due one or more of the toltowing:(►)att texes,assessments andother charge�egatn�t "
<br /> - � -•- '�- the Prope►ty,(ii)the premiums on 1he proper�l�nsurance requ4rad hereunder.an�(iii�ths ptemiums on any mortgage InsurBnCe _ �
<br /> • ' required by Lender. „ •
<br /> 8. MaMN�nanCt,R�pain and Compliana�wlth L�ws.Trustor shall keep the Properry in gaod condition artd repalr,sha11
<br /> � . ,� promptly repair, or replace any improvement whlch may be damaged or destroyed; sMatl nol commlt or permit any waate or
<br /> � �. •.� � deterioratlan ol the P�operty;ahatl not remove.demolish or substanUalty alter any of the improvements on the Property:sha0 not
<br />� • ' . commit auffAr or permitany actto be done in ot uponlhaProperty in v�crtattan af any taw,oidinance,or regutation:and shal!pay and , � •
<br /> ' . prompUy diachugs at Truator'9 co3t and expense all liens,encumbrances gnd char��s tevled,imposed or assessed again�t the . . :
<br /> _-___,==,f.�.�_—_=-- - .Praperly or enp pnrt thereCL - -----.------- :
<br /> r. EroinMN Oanatn•Lender i9„ereby asaigned e(i compensati6n,Swatds:damages arr�other paymerris ar refief f�etrr8fter - - .--
<br /> � °ProceaQa'q in cortnectlon wlth condemnation o�oUter taktng of the P�operty or parL thereol,or fot canvayance ln lieu of Condemna-
<br /> ' ` fton.Lender shal!bs enUUed at its optlon to commence,appear in and proseaute tn fls awn name any action ot proceedings,and _ .
<br />• _ . _ shall also t�e entitted to make gny compromise or setUement in connectlon with such taking or damaq�In the event any pnnion of . •
<br /> • � ' ' • �uctw�c�nrr�arwro.rse«�o�M --- - --
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