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<br /> � DEED OF TRUST WITFi FUTURE AOVANCES y p
<br /> � TWS DEEO OF TRUST.�o mAde aa W the � H day of. ��HER ,1�96 by and�unap •
<br /> � �T���� CHItISTOPHEtt RBA AND DEBRIR K. llEl1� HUSBAND AND WIFE �
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<br /> whos�malllnp add�as�ta 2224 H. 11TH ST., GRANA ISI,ANU. NE 68803 ���� �����W�w�����, \
<br /> SM Trwtw. ► �
<br /> whose rttailinQ eultt�ea9 ie p•O. BOX 1507, GRAND TSLAND, NB 68802 (���TrwO�t'?,and
<br /> �g��y, FIVB POINTS BANK A NEBRASItiA GORPOR�TION ,
<br /> wtwa�msiUnp add�ese ie P•O. BO% 1507� GRAND ISI,AND, NE 68802 �������y��,
<br /> FOR V'AI.UA81.E CONSlDERATION,inciudlny Lendor's wtierwion o1 credit ider►Utied hereln tu Cli[tISTOPHEYt REA AND
<br /> DEBRA R. RBA �t�e�oin"eorrower",whether ona or more)and th�truat herein crsated,
<br /> tha r�caipt ai which ia Aereby acknowtedyed,Trustor hereby irrevocably yrants,uansters,cor�vey�and assipna W Tru�,IN
<br /> TRUST,WITH PqWER OF SALE,torthe benefit and security ol tendar.under and subject to the�snd condfUotw hw�inalrr Ml
<br /> iorth,ttw real propsrty,deacrilsed ai tollows:
<br /> ALL dF LOT HLB9EN (11) AND THE 1JEST TSIBNTY-FIVE FEET (W25') OF
<br /> LOT TliL+LVE (Z 2), BLOCX TWO (2), DILi, AND iiUSTON ADDITION TO THE
<br /> CITY OF GRAt�T ISLAND, lIALL COUI�►"TY, NEBHASKA
<br /> • Topqther with all buitdinpa,impruvementa,flxtures,st�eats,allaya,pauapeways,sa�em�nta,r{�hb,pHvi{pa and�ppur.b- �
<br /> nancM tacated therson or in anywik p�sGSininy thereto,and tt►e rents,issues and proftts,rowra�oe�s and rMnaindKa 1hK�ot:aaed
<br /> -� wch p�abnal propwty ttwt li attachaa�t�tAe improvemenb so as to constltut��iixtun,i�cludicv,�.twt not IIfiNW to.hNW�a�cwi
<br /> COOit�ip eqtt{pmNt�arttiio��iiter wiin iite nomeaawo vr marii�ii iriieriaii►,ii ii�Ji wiiwi�iiiw:e:ii:::;�:::`.'�i-.w::::«:w«::v«: . -.
<br /> 01 which.incfudin�rept�cenients and addtUoni thareto,is MreDy declued to be a peR ot the rw1 atat�s�ur�d by tlw It�n of this
<br /> � pMd ot Trwt and aU of Na fora�olnp bainp reterred W herein as ths"Prop�rty".
<br /> � Thts Ilaed of Trust ahall secure(a)the payment ot the psinclpal sum and Interest evidenced by s promlasory note or crsdit
<br /> ���t�y� OCTOBER 29� 1996 ,havinp a maturity dat�of NOVEHBEB 7. 2001 .
<br /> . in ths or3qtnal principal omount of S 49.Q70.26 end any and ail modlficaUoes,�xbnstcr.a a�d nn�wrab
<br /> �` thKwf er thar�to and ony and all future advances and retdv�ncas to 8orrower(w any o!tMm if mon ths�s on�)hwwind�►
<br /> ` L�tc prMect the a�c�uri4y of�i t�too�;(c)tho pwto�rmana o7 al l�covsnants and pr�eMienb o�f T�slort �MrN+�;u�d(dj a�N
<br /> .; pre�snt snd Tututs tndobtadne�s and cJb7yatlon�of Borrowa(or any o1�if mon than on�)ba L�ndK wh�tl�r dl�cl,indiwc�
<br /> .:, ab�otuM a cantlnyent�nd wMther aNainQ by nots,ywranry,ovsrdaft or otherwUa Ths Not�.t�ts OMd ot Tnut emd any and W
<br /> ;. othK docwnb tlwt secure tM Nofe or otherwiae executed in cannection dtier�with.Includin�witriout pmitatlon gwranMM.sn�uity
<br /> . aprs�nwnts and�tslgnmenb of leosea�nd reots,shsll W rsi�ned to harNn as ttw"LOan Oocwr�n4".
<br /> - T►Wtor Cnvatitntp�nd s�rses witd�I.onder as totlowa:
<br /> 1. P��Of M1d�bNdiNM.1U1 ie+debtedness secured hereby shall be pald w1t�n dw.
<br /> 2.TMir.Tnutor Ia the owner ot tt�e Propertyr, haa the dyl�t end authoriy to convey the Property,and warrants that ttw n�n
<br /> crwt�d her�by la a Nrot and prior Ilen on the Propsrtyr, exce�t tor Oena and�ncumbrance�set torth by Tnutor In wridnp and
<br /> deliversct to Lender befae execuHon of this Doad of Trwt.and the exocuUon ar�d doi(very ot this Dad oi Trwt dcva!notvbtsM amr
<br /> � contract or othA►obllqaUon to whtch T�uttor b wEpct
<br /> ' 3.Tacxas,A�qb.To pay beforo dallnquer.cy atl f�cea,apeclal ausuments and aA o0l�er charp�a a�►st�Ptopsrly
<br /> now or�re�ftor Iwled.
<br /> ' � 4. htwss�lc�.Tp keep the Prop9fij i�!sured aQair.sl�am�ge Dy fice,hazuda included withln!!±e*!nr"e.e�r�d�d eowraQR o and
<br /> • � wch olhar�fa2atd�as l�rrder may rpulre.in smounls�nd with Cdttp�niM scc�bl�b LM�dM.n�mkg Lireci�c a�art�
<br /> • r.a.:.ad fnsured.with toss payable W the Lender.!n c�ot bss undK su:h potl�ir_.+!!e LenN�r i�n_Khorl��±L��2 coH�t and
<br /> � cpmpromi�e,ali c W mA theroundor and�hail have the option ot ap�yksy aJl a part of t!w Inwranc�procwds(i)CD�cry indsblednMs
<br /> o�cund her+�by and i�wch ord�r ai Lender may detarmin�,f�)to tfiQ Trustor to b�used for tM rep�i��nNor�an oi ttw PropKly
<br /> _ o:fW�fo�eny athe�puf�r_e or el�lect�*Nactory to l.en4e�with�wt e+h�ctin'the Nen o!ttfle DeM!++!Yn�et ta eh�tul!amax�t e�re�.+
<br /> hereDy bslure auct�paymsnt ever tooic P�e.My appilcatlon o1{xoc�eds to ind�btadt�as�h�ii not�xMnd a poslpont ttr�c5w
<br /> ���Y P�Y�►t�untler tha Nots. or cure any dokwit thsreundsr or h�rwndar.
<br /> 5. E�crow.Upon wdtten demand by Lender,Trustor shaU p�y to I.s��der,in such mannw as l�ndK may ci�sipoat0.sufNcNM
<br /> sums to�nabis Lrnder to pay ae thay become due one or mor0 01 th�ioilowirp:(�a0 taxss,asasanNnte and ofit�K chu�paiMt
<br /> 1!»Prop�rty,(ii)ths pnmlums an the proparly insurance required hersutxl�r.�nd(iU)ths prNnlums on any mOAp�InwruK:�
<br /> rpt�ired by l.�nd�r.
<br /> 8. Mr+i�l�nane�, R�pak��d Complianc�wilh I.�wa Truitw shatl kwp ttN PropsRy in yood condlUor�ufd npatr,shall
<br /> promptly ropair.or reptace tny improvw»ent which may b� dfms�d a dMtroy�d:�hall not commit or pwmH�ny waN�or
<br /> d�MNoratlon of the Prop�ty,�at!not nmove,6amoilsh a wbdtantially alt�►any of th�Improv�m�nb on ttN Prop�ly;shall not
<br /> c�ommib sut0�r a permit�ny�ct to M dons ln or upon the PropsRy in vioiatbn ol any Iaw.ordlnancR a rspulaUon:�nd shall p�y and .
<br /> prompfiy dl�charp�at Trusior'a co�t and axpenis aQ Ilens,encumbrancM and chuyq IwNd. in�poMd or aswMd��t tfw
<br /> Prop�ry or�ny psrt thu�of.
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