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<br /> REGORpATION P.Ft2l1EST6D BY: � "' N °
<br /> �
<br /> GkNeVA STATE BANK 'l;'��+;
<br /> 694 G STREE7 �� `'
<br /> f P.O.ROX 313 � ';,';�,1�2:�-
<br /> . GEDIF.V�4 NE 68361 . P W� •�' ''�.;•�
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<br /> • �t•4if�.�.�
<br /> • GfAlIVA ST�►TE�ANK ��
<br /> �' 6�5 G S7AEET +��;
<br /> P.�.BOX 313 �,�' ;�,.:..
<br /> .'.�. GENEVA,N�68361 �0�",.�
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<br />�:�' SPACE ABOVE 7Hi5 l.M�IS PAR RECORDER'S USE ONLY __—_
<br />�•. � .
<br /> �~`��� � • • � DEED O� TRUST --
<br />::.. �.� .
<br /> j:;' ' THIS pEED OF TRUST IS DATED NOVEMBER 25, 1996, amonQ Tlmothy S Bre�+rster, a sin�ie person,whose
<br />:, T, _.4 address Is P O Box 474, Geneva, NE 6836i (refemed to below as "Tnutor"); GENEVA STATE BANK,wfiose
<br /> �' addreKS ls 896 G ST[tEET, P.O. BO�C 313,GENEVA, NE 68361 (referred to below somedmes as "Lendcr" and
<br /> r`";�:=r.VSF satutlmes as "BeneflCu►Y")j and GENEVA S'�ATE BANK,whose address Is 896 G ST.,P.O. BOX 313, GENEV/�
<br /> ?"`C�W"�';`�` , NE b8361 (rcferred w below as "Trustee').
<br /> �:-:_��::;,;t� � .__ -
<br />;�°e,::.+y CqAIVEYANCe Ai�tB GAAiJT. Gar v�u�ble eors{G:nwon,Tnuta�r eonvrYs to 7nnuee In uust,WITH POWER OF`AL� � � �tl �
<br />:��:1:�.,.;. Lendcr as BeneHcixY. �N of Trusta's dpht, H1N, and inlKSSt la and to the foNowlnp desaiDnd�Md DropsrtY� op�t ^fl
<br />;,:�.Sr?:.�`•.- subsaQuentiY��a atfb�bulldin��Impro»m�nb m�Posturest all aasnrnaets.dGhb of way�and�PP�nanas�otl�w1�r�wd�r dDMs�ntl
<br /> =,+`';'x"`;'�• - ditch�hb pnCludinp stocic In utilldes with tNtch or Irtfyation riphts);a�W u1h�r rip�ib roynHW,4,_and ProSls roiaflr�q{,o tM n�f r�InduWnp
<br /> - �R�%"r: wHho�t Amltatlon dl m�nera��d��W�s�4���1 nnd slmfiur maltero, OCdteA �!1 Fitfmore cAUnty, 5t�ce or nebraska �the ^Rea�
<br />�".�'°���� � Propert�r")s
<br /> ._._.:.�_n��rea..�..M!
<br />��"�� � Lot l�ne (11. Bishop HeiQhts 5econd Subdivlston to dte City of Grand Island, Hall County,Nebraska. .
<br />=:.a��.�M�<.�
<br />�,;,,'�=":��, � The Real Property or tts add�ess Is cornmonly known as 2121 En�leman Road,Geneva,NE 68361.
<br /> r...,. 4.
<br /> _���-.•,�r,�;.:;;, T�p,�p�prosdnt}y eSSIpM to Lender(ais0 known as BoneflCkry In fhl�Deed of Trust)nll Of Trustor's dpht,Ude,and interest la�nd to all pr�slnt an
<br />_�;:. ;;}�`�, �����pf tha Property end�M Renb hom Ihe Propeeh►. In additlon,Trustor pr�nb Lende a Unitorm CommKCial Code sscuriN�n�aosl In lhe —
<br /> ;r- �• Aenb Nnti the F'MbOnlll Prqperty 06flt19d belOw, _
<br />� r,;. •. � t� �:
<br />�,;,.; ���1NITIONS. Ths(aMOw7nD wardo sheM hrve ihe tdiowln0 meaninps when usad In this Doed of 7Yust Terms not otherwise detlned in thls Dwd ol --
<br /> ,• ��,` � , 71�us►stwN hav�tM meaninps�►tlribuled ta such tams In the Unttorm Commercial Codo. AH retaonces to doNu amounb shaN mw�n u►�ounb in _
<br /> �;�'�:•i�' lawfUi mOney 01 th0 Unfbd Stato9 Of Art�cfiC1�. Y_--
<br />'y,' ';�'�;`. _
<br /> :-. '}�i�:,,;;;° Guxantar. Thv word"Guarentor" mesru and Includes wlihout Iimitatton erry and nll puarentors, suretbs, and nccommodadon partlos In _ �
<br />�� , •�( cannec8on with the Indetitodness. p �
<br /> `.,��;'r-=.-.
<br /> �- � 3 Improvemcnts. The wad'improvementJ'maans and InCiudes withou111mitatlon all existing end tulure Improvements,buiidlnps,shuoluros, ��.;.,_,_
<br /> � mobile homes atfixecl on tt�Rb�l Prop�+'1Y�lacii�ibs�ed�itlons,replacemenb and other conshucNnn on Ihe Real Property, ��?�x;�
<br /> i�t,,,,, :.
<br /> �ndebte6nas. The word"tndebtednoss" rn6ans n��P�►x�Pe1�nd Intorest psyabte under the Nole and any nmounb expendorl or advanced by ,a}r•:•
<br /> ,,,.�
<br /> ���,t-,:��i t,,, Lendor t0 dsCharpe ob��Wtions 4f Tnntor or e�Cnses:nCUrted by TrusieeQ�e nder to nl Ce o4i tlo of Ttus or nder thb Daed ol Yrust, •,r�rs,:_
<br /> �•�_;f�:__'� topether with Inte�e�;,o��mounts a�ptovided in thMS Ueed ot Trust. 11te Ilell O�t�ils Dee�of�Tnist s�al�not exceed at �.•�•
<br /> ��r��
<br /> ___-_ _. - � any vne im�c v.,............... ---
<br /> - �,',` Note. The wa'Q'Note' means the Note dated Novembcr 25, 1996,In qie prinetpal amount of S 100,000•00 lrom Truslor to
<br /> Lender,taqether with aN renewals,exlenslans,modlticat�ons,ra8nanclrqs,nnd SubsNtuBOns fa the Note.
<br /> - p��prpp�mr, The words"Pet3onal Prcipert�l'rnean all equipmenl, Nxtures,and other arNct99 ot personal property now or heroatter
<br /> � ownetf by Trusta, and now or her��Rer atteched or effixed to lhe Reai Ptoperty;topalher with ell accossions, parts, an;f addl8ans to,all
<br />_ ������n� pt,�nd eY SubsNtuNarts fa, 8ny a}suCh prop6rty; e�nd topethet wlth flll proceeGs{InClud�ng without I�mlt�tion all insuranco
<br />_ . procaeds tnd roNnds of premiums)(rurn eny sate a other disposHion of lhe RrnpertY.
<br />-- ' Property. 7he wqti"Propeiiy'meam co[iectively the Renl P�operfy and Ihe Pe�sorul PropertY. �
<br /> ^ Reai PropertY• The wads'Rea�Pr'°Pe�Y"�6n the properry,Inler�sts and dphts described above In lhe"Conveyance end GnnC'sectlon.
<br /> - �' Rela[ed Documencs. The words'Ro�rted Document�"mean and Inciude without IimltnUOn all promissory notes,eredit eyreements,foan
<br /> d ume b,whelrher ow�or hereatter�eucsNnp,executed In connect on with Ihs�debtadnos5.1 trust,and ali o:her Instruments,ayreements end ..
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