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<br /> AvCO FINAPICtAL SER�tiC�ES G � '.,. . �.' -
<br /> . �ocourrwtarta W'TF�ENATIONAL.�IC.'. �C `f,' .
<br /> ��'j'�g� P O Box 536 �HI- _-- ��—a�
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<br /> J ensen Stanle D. Ju enaen, Miriam 1233 N. Webb Rd., St� 220 ^� •• -
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<br /> • 20 N N rth Rd Granol Ioland. [�I2 68803 Grand Igland Nebrasin 5„� '����
<br /> TfQS A�D OFTItUST.Msde�tfa 16th �y o� SQpt er .�g 96 ��ro„�tanley D. Jurger►rsen � M�ife ��y-- _ — '
<br /> t�reinafter cal2ed TRUSTOR,wCorrs addt�s is '�? O N No th Rd � Gc'attd Islaltcl. L�i�aad �„�„_,, •'•�
<br /> c�f�,....,� n;�s��.. ,t�ranafter cal2ad TRUSTF�.aAose address is 12127 Pacif ic St., acnZha� NE �:..� ' `.�
<br /> � ead AVCO FIIVAPIQAL SERVICES II�iTSRNATdONAL,INC.,a Nebraske ca oration,here[nafter caIIed BENEBICtARY.whost address is —�-
<br /> = ,�aa ra ar,y7 !� Rc�, sta+ 12Q Gr_an Island. �SE 5�03 � - �`����;���._.
<br /> ,� Q�J�iTJESSEffi t�ai 1Y�rs7er(3R/1NfS.GONV8Y5.SELLS AND WARYtAMS'IrJ'[RfTSIFE.IN TRIIST.WPtfi FOWER OF SAI�.t�following ' ��,,.> � '�
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<br /> descdbed pm�ertp,sitsated ia �� County.Pte�z'sa-. � w:; :. ':.x';��_
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<br /> ; I,ot Qne (1) Versa�r 5�:��3ivision. �Hall County, Nebsa�It� . �_.
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<br />,�•'#� tpgetha with aU bnildings and ic�:ave�eot3 now or hereafter eiected tHereoa and all scre¢aR.aaralugs.shades,stflrm ansh and blinds.and heatl '`�. ''� `J�,'•`?`+?�,".
<br />� �, 1j8��8.PI�1i+6.8�•etecorle.ve��rg,cefslgerating and�fr-condiflaning eqaipment nse3 fn�..:ection thuewith.all of wLicA.tor t�s Purpose f ' ''�, r .�-
<br /> tBLa DeeO ot7'ras�s0a11 be Qet�ed�md snbf ect to the llen 6oseof.aad tlte hereAita.ren.��m3 apDastenuces yerWninS m ctie OmD�rtY above j'� � . h;�;Itv,., ; i°�--
<br /> : � Qesetibed.and nll etceets,l�ues,QiL�.pas.;uSe�,aaYe.watere.water con�as.dBhts.li6er:a�s9�r l v l tsges,a�atsoevu t h sn�to be tan y i n g ar i n �.,,�rs�;�;;��}�P'.,•3;.;--•.-•�• -'_
<br /> aaywlse appertaining aad tIle reveAh�s a::S aEU�aQers.a11 of ebich�s rafamd to he -n!:3Cv��c�e`ynmtsaa". �����+ � + y
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<br /> . TO HAVE AND TO HOLD the ato�+e��sacss�r,�ytemises,witb We appnrtenances a:����,a�to the said��ciarY.its mccessots and tasDgas. ! .: ...•�
<br /> • fosave�for fhe p¢�osea and u�es bss�set So:th,&ee Imm a11 r�ghto and benaHtc nad.�:Q���si-:ue of=ny�iameatead�xem�oa�ws of�he Sute � �� �. ..
<br /> �� of Nebras�aa�hic�may Co enactrA.+w��cali dg6ts aad beaeAts tt�e taid'Ikutor does�eseDy exptesaly ntease and w�ves. - `� •_
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<br /> FOR'Pfff P[J4'.POSE OF S£CiT.3tL�I�:(i)�.�-fzcmance of ea¢b agreemant al TcQ.2nr xoarniaed hereia:f2)Fa9��t of the prinelpal snm wi1L ia;,�es� , .
<br /> as providedln nccorGzuce wd.L tts cer¢3 aad p:ovisiona o!�Promissory NotK7irom Ageement(uerein�+'�rr�eaed w as"pmmissory nnt8"J��Stuud �� �"n;,,��' •
<br /> �Pt�t,�p� 16. 19DFi .herawit�executed Dy 7Yastor aad Daq^.:�:s to tht��at BeneBciary.in tne PcineiDai sBm of ,^�"'` s':'�
<br /> S 6180.11 _and 6aving the dau of its flnal payrr.�:a:z:ca 1'�16�00 .or as extended, ti..•_•,.,.,.�,.�,��,.��f{';� . ` ' .
<br /> defeaedorreschednIedDyrenewa7orzc�.-.tac�i3)Paymeniofaayaddi8onaladvanaes.�v[��u�C�n^ayhaeafterbeloaaedbyBeneficituy �r�`:,s..' �;t�;,�yv` . m�
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<br /> w Traatos ia a mn:lmam tnm oi S �A�s �*� a:;�`ia l$ye�-s from the date of tIIis Deed of Tmst; • ,��-,,. ..
<br /> however.thia puagraD6 does sot so¢stieeie a�ammltment by Beneflclary w make f�-�2 s�.^vES:t3•(4}T�n.��yment ot any money that m�71 Da �� '��'��:,�.x..= -
<br /> advaneed by the Beaeitclary to?r�2cc7as asp reuon or to dilrA yudes.witb intesesa r��a a�..~°_tbe asrnonu ue advaaced to pmtect tLe secniity •: ;ly,,,:•
<br /> inneeadaaee�vIQithewvenac�oJa.k23�.aJof?�as�(S)AaYren+eRal,relin�nelagcse.�:.n:.ionoJsz:�Jprom33aorynou.oraayotLeragceementtoQaq '�r�r�..,: ��.�
<br /> r#�):: w6tCD may Dt�8a�attfuted tEer_'1a. .--• •-•�=. 1-.... �;-
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<br />`,;;; � Aa aCEi@oaa!cec�7y.T:oster tiereby givea[o and confers aDon Beneficiuy the rlg�s,Pev�er.ard anthosity.6uf3t$LLki C06i21na3IICC 01 ih�SE 7tattS.t0 �v �:=z���;.;r7��e:'"-"°�'-°
<br /> coltect the reeCl.flssLOe,saa pnoIIm of s�id pro�.n=enria�aato Tmstor the slghw prlor to aay default�7matn in psyment of�ny indeh'�r�tt9tss . .��,_S . c���__
<br /> atured�ereby aia pertcrmanee of any�greement ereunder,to collsct and cete�n sach rents,lssues,aadps+ rs aa�Ley 6acoaio due anG paytLtt.t�yoa �� .'"" . .- „_. ;
<br /> � any saeD defau2�BenoQ��yr mag at any time.elther in person,by agent,or by a recelver to be appoiated by e caiut.aad without agard�o tsa cd�qn2ey � r;'.�.:� :,. �•_._
<br /> Of eDy ECCarIty fOr the 1IIQC�tCdC05S hCteby Etetued.CII�et oyoQ aad taYe possession of said yroperty or eay part thereof,in h1s owa aame s¢e fOt Ol ,.,,,;�`;W.;,,���.. , �
<br /> otherwlae eo l fect sacb ream,iaaoes.aad proflta,lnclnding t b ose p�si deo aa d�p a l d.aa d ayp ly t he same,less costs aa d expenses o f ope�tlon aa d ;';t-.�. �;q„�,.._��_
<br /> eolieetioa,inehsding reasonobte�ttameys'fees.eosts.anfl expenats.if�eimlued Dy law,npon any inQeDteQnes�secnrt0 6eteby,and lu aucD order as - �,�.,.�:.,-.
<br /> Beaeftciuy m�y Qetermine.7'he enterlag apoa and ukin�possesalon of satd pmperty,the coAalloa o!aach senu.issnes,and profits ead tLe appllca- • r4--��
<br /> don tLvea!as afons�iQ s6a1!not care or walva any Qeltult or noUat of def�Nt hereunder or iavalidate aay act doae puranant to saeD aotiee. •-'• . . � '
<br /> � N • � �
<br /> All paymente msGe by 7Yaawr on the obllgatloa secnred by thfs Desd of Tmst shall De apDl�ed ia tht following order: =:;'•:���.�.`:-�---
<br /> � F7RST:To tIle paymont of caaes aad assesamenta that mny be tevied aad assessed agalnst said premtses.iasurance premi:na.repatrs,and all other ���` �
<br /> chugea and expaasas ugrted to tre p�td by the Tmstor. •
<br /> ' SECOND:TotIlo yoyctoat otinteiest Que oa said loan. `_-�'`'��,=.���'- �»':_ -
<br /> . THIRD:TothnyayrsontoipdaclPal. . , i.
<br />.. 1'o PR07EC'r�E SECURiFY AEREOF.TEtISSiOR(S)COVENAN7'S AND A�'x2HES:(1)To keep sald premises iaaared egainst tossby tite cm�oiA,,�r -*.-�--•--.�.
<br /> ' � �. t haurQs.casnatty y:9 eoa �r�es¢a t�c.:_CiiS valne ot all lmpmvementa for t'x proueUoa of Beneficlary in sucv manaer,ln saeL�moaz�,s.�3 in ,.:�f:��''"�.`'.. :: __
<br /> a r
<br />' � snch eompan3es as BaaeL1�.*�mr�rr:rs�3m-:a dme approve.and that loss pr�eeeds(Iess ea�.e�se of w]tec8on)sha11.at Beaeficiary's optton.Ae �� rL.:'--�; ,y��•�-� �._
<br /> ;s applted oa aaid tndcbtedne.�s.��h�`n��r�t v:n or to the restoradon of said imp�ve�ents.In e•;�t of Iess?rustor wlll give immedlate notice by mttU •�-���.;.
<br /> :.::;, .
<br /> � to the BeneBclary,wIln may�r_���'s�3 if not made prompdy by Trastcz,aad each insurance company concsmed is Aereby auffiorize�and •"�'�+�:+ • .
<br /> dlreeted to au&e payment for such losa d.s�sli,ne�.the BaaeIIelary iastead of to @e Trustor.(2)To pay cil1 taxes and special esseasments of any kind that " "
<br /> _ � �t,.`1=�;.
<br /> c,;; 6ave Ean oc awy ba tevied or assessed n n cvli remisea,and to dellver to Eeaeiicl �eqa ? ��
<br /> go p ary,ngon est ot Uee Bensriclary,�he ofticial recelpt sIlowiag ��l;t',;;"t.�•,
<br /> __-- • Fs,�m..-at at:!!�ch��n4�s�s�r.a�s.{3)Ia!he evest of Mf�++1*_bg T�stor s�c�er��egsaD�s 10*2 e��.9eneslctary,r�t�te cmrlon,+nay ta)P1aee ---- - --- -- ---
<br /> " ' � and kup sach inaurance above pcovIded(or in force th�oogizout tEe llfe of this Deed of Tcast and pay the reasonabte pieminms anA cbarges tD.+refor.(�) _ _ _
<br /> pny all sald tnxes aad assessmeata wltAont determiaiag the vtlidlry tIlereof:nnd{c)pay sncL ltens end all such dlsbursements r�ehall be QxmeA a part - � - '• "" �,
<br /> of the indebtedness stewed by t6is Deed of?mst and ahall Ee lmmediately dne snd payaDle�y Ttustor to Beaeilciary.(4)To pay rihen due any llen oa . ,
<br /> " the property whlcA is sen3or to tLe llen of Heaeticltuy nnd,nomitbsmnding aay right or opfloa granted by any senior liea or Dy any senlor lienholder to ' _
<br /> . permit the princlpal balnnce of saeA sen3or ifea to 3naease.?ro5tot afU not permit We prlacipal balanee of any 6en9or lien to inere�se aDove the balanee ,_ • � , .. _
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