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<br /> DEED OF TRUST WITH FUTURE ADVAIIDCE�'�
<br /> t .
<br /> i Bth Decembor 96 �
<br /> THIS QEED OF TRUST,is mede u of the dey o} __ , 18 ,by and emonp •�,�,:,3��<
<br /> , .� the Yrvator, ��Y J CORDB3, A SIII4LB PE3RSON � �
<br /> G''�`�'��.
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<br /> � who�e meilinp addrep is 2419 DBL i+fOIdT� AV6 ORJ#ND ISLAND NR 6880�K�e��6Tru�tor,"whether one or more), �___-
<br /> : �i' °-
<br />_ , � THB OV8RL11ND NATIONAL BANIC OF (iR11ND ISLAND _--__
<br /> ths Truste�,
<br /> (3RAND x3L1aND NB 68802 �-��.-
<br /> , whooe m�ili�p�ddrea ie � 0 B� 1688 _lherein"Trustee'1,and -__
<br /> ths Beneficiary, T� ���'�D I1Axa��3AI' B71NK OF (3RAND I3I�ND
<br />_„ who�em�itinp�ddrss�i� p 0 BOX 16BR (iRAND ISLALiD NB 68A02 (hereln"Lande7"1. -
<br />_ . , FOfl VAI.UABLE CONSIDER4ITION,inoFudinp LendO�i extan�lon of credit identifiad her�in to LARItY J CnRDBS
<br />�,:rr� '� (hsreh "BOrrower',whether on�or morsj�nd tn�irusa n.rein civa�a�'+. .:a
<br /> �� � ^ receipt of which ie hereby acknnwled�ed,T►uotor hanby Irrevooably punt�,trM�tsn,convey��nd�qipns to Tru�tse,IN TRU5T,IMTH
<br />,;,.�. . PpWER OF SAl.E,fot the bonefit and �ecutity of Lander,under md wbJwt to the teans md conditiom h�ninsit�r�et forth,the rNl
<br />�': � property,de�cribed��followo:
<br /> :�h. !�-
<br /> �"� �'raSv:: TEiB SRST TWSLVS 98BT OF IAT SSVHN, 71ND THB WSST FOR�'Y-NINF3
<br />���'"�. `'x: •� �88T 08 TAT SIX, IN HLOCK TI�BS, BLAIN ADDITION TO TH& CETSt
<br /> _ --.'�_.�-
<br />=:�:::.�,�•c OF dRAND ISLAND, aIT�LL COUNTY, NBBRA9KA.
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<br />�T&t.;_.,�,_ PAOPgRTY ADDRBSS: S81 B 19TH aRAND I3LAND, NB 68801-
<br /> ��. s�.,-
<br /> ,...:��__� .
<br /> ��,���� To�sther with �II buildinp�, improvement�,tixture�,street�,�peya, paasapewrys, anement�,ripht�,privilepes�nd �ppuRm�oe�
<br /> '�'""''�'"'�" lowt�d thsrson or in�nywis�pert�ininp thereto,and the rent�,itwe�end p►ofit�,rev�r�lons�nd rem�inden th�reaf,�rtd�ucfi p�rsond
<br />�_�_�-�,.�,�� ptoparty that f��tt�eh�d to ih�improvement�w o�to constitut�� fatun,inoludi�p,but not Ixnit�d to,hsstinp�nd coollnp�quipm�nt;
<br /> ,,,;.�.,�.�„�� etd toQ�th�r with th�homNtead or m�rital Int�rNt�, if��y, which ntuost��ro h�reby reNit�d�nd weived;dl of which, includinp
<br /> - — r�pl�ewTlor►to a�d a:dittono the►eto,te hereby dxleracl to be�part of th�red e�t�te�scurad by th�li�n of thi�Deed o!Tm�t�nd�110}
<br /> �? � th�fotapoinp b�in4 rof�rrsd to henin as ths"Prop�rty".
<br /> ------...— Thi�DMd of Trust�hall wcun 1�14'�e paym�nt of ths prineipd wm �nd Int�rNt �+dd�c�d by a promiwory not� or cr�dit
<br /> ���
<br /> �� �greems�t d�tsd DeCOmbet 05, 1996 ,hsvnp •m�turiry d�to ai December 05, 2001
<br /> _:.a'.:'� - __
<br /> =:.�i�� 8,108.25 ,�nd eny md �II modifioations,ext�ndon��nd nnswd�
<br /> --_,,��� h th�oripind principd�mount oi i
<br /> ----- — ther�of or thento and e►y�ed all futun�dvence�u►d readv�nce�to Borrower(o►sny oi th�m it mon thM one)herwnde purw�nt to
<br /> - - om or mon promNsory notN or nndit apreem�nt�Ihenin c�llsd"Nots"1;(b)th�payment of oth�r wmt�dvanced by L�nd�►ta protwt
<br /> •=='"�'` tha s�curity ot th�Not�;lo)ths perTortmncs of ait covma�t��nd aprNm�nt�of Trustor�ot to►th h�nin:�nd(d)�11 prs��nt�nd future
<br /> —_-T'�"�- ind�t«tnea�nd obOpatlom of Botrowsr (or�ny of thxn i!moro then on�)to Lander whethn dinot,indinot,�baolu4�or aontk�yent
<br /> ;r;;,���� �nd wh�th�r�ri�inQ by noto,puar�niy.owrdnk or othervvisa.Ths Nots,this De�d of Tw�t and any�nd dl oth�r document�th�t e�cure __
<br /> - ��ti. th�Not�ot oth�rwt��exacuted in eonnsntfen therewith,includtnp without Ifmit�t(on pLerantee�,�ecurity ayreemsntt a�id�aipnm�nts
<br /> ';;� ,•,;r;,;�, O}IONN Md tMt�,�hel!b�re40rrod to harmin a�ths"Lom In�trumant�". -
<br /> � - .. ':'•:.- Trustor cov�nMt��nd�praeo with I.ender��follow�:
<br /> �": . . z•:
<br /> _,:�:; "'.. ";� 1.P�yn»nt of Ind�bt�d�ss.A{I indebtedneu�ecvred hereby�hdl be peid when dw. —'--
<br /> -;;��:�:;., ' ` 2.THM.Truator t�the ow�er of th�Propsrty,hew the ripht�nd wthority to convay lhe Roperty,and wermnt�thnt ths lien created �
<br /> - � hereby i��ti►st�nd prior lim on 4he Propsrty,except for lient end ancumbranees set forth by Truttor in wtitinp end delivered to Lender
<br /> '�"�.• ��, 6efon ex�cution of thb Daed of Trust,and the execution and delivery of thi� Dead of tru�t doe� not violste any contnat or other � -
<br /> ��jf,�, oblip�tion to whlch Trustor b�ubjsot. =,�-
<br /> :;��; 3.T�x��.AsM���t�.To pay befova dalinquenay ell texes,speciol ooaaament�end ell other afierpe�apainst the Property now or
<br /> ' '�,',��� hero�fter levisd. �,}��
<br /> ;��. ,? � 4.inwr�nw. to k�ep the Praperty Inwred�p�irnt d�maQe by fire,h�zude, included wfthin the t�rm "sxtand�d covenp�". �nd
<br />_ ���
<br /> �_.,�-
<br /> ��+'_'�_' wch other h�x�rds u L�ndx m�y require,in�mount�md with campenie�occept�ble to Lender,naminp I.andar�s�n�dditiond named �•"-�
<br /> ._..�•_ '_ ' _���__i_...�_:�J��J:..� ..�11�..��...1 ww.w nw�lu �'-rv1 -
<br /> _— -.,_.--_—
<br /> _ ' . . __._ _ ' ' ' '"''" .�
<br /> . intured. With lo��pty�ble to tl'te Lanaer.tn ce�e ai ios�undm�ucn pv�w�..,a�..a��a.�.�...��......,....�..r...�..�.�.__�..,.__..__. _ __
<br /> �11 ol�im�th�rwnder and�hdl heive the option of epplyiny dl or part of ths imunnce proceeds(f)to�ny indsbtsdne����cund hereby
<br /> �� t �nd in�ueh a►d�r��Lendsr m�y detsrmine.(ii)to the Trustor to be uoed for the rep�ir or ro�torstion o4 the Property or(ili)for my other �
<br /> purpo��or objeat��tf�f�otory to Lemder without�ffeatNp the lien of thb Deed of Tru�t fo�ths full amount��cured hereby b�tore weh
<br /> p�ymsnt ev�r took pface.Any�pplication of proceed�to indebtednes�ehdl nat extend or pottpone the due d�te of eny p�ymenh unds�
<br /> the Note,or cure�ny dafauk thereunder or hereunder.
<br /> 6.Esorow.Upon wvitten demend by Lender,Trustor �hell pay to Lender,in euch mxmer es Lender may detipnete,�utfiolent �ums `
<br /> to enebls Land�► to pa1 a�they become due one or mote of the followi�p:(i) oll texe�, ae�e�Wnent�end other chetpe� �p�inst the
<br /> • Property,l��) ths prern(ums on tho property insunnce required hereunaer,�nd(iii)the prernium�an eny mortp�ps i��ursnc�roquired by .
<br /> ,. lender.
<br /> 9. Mdnt�nrx�.R�p�ln �nd CompY�no�'+Nhh L�w�•Trustor�hell keep the Proparty in pood eondition�nd ropeir,�hsll promptly
<br /> �• rap�ir, or rspl�c��ny improvem�nt which m�y be dam�ped or dostroyed; �F�dl not oommit or pemnit sny waste ot deteriorction of ths
<br /> Pruperty;�hall not removs,damoli�h or�ubtt�nthlly dter �ny of the improvemant�on the Property;ohell not commit,�utter or pennit
<br /> � '� ' any�ot to De don�fn ot uQ�n th�Ropetty in viol�t{on of �ny law,ordinr.nc�, ot repul�tion;�nd eh�Il pay�nd promptly dl�ch�rQe�i
<br /> Tivator'�cost end oxpense dl lien�,�ncumhrencea end charpe�levfed, impo�ad or e��oued�psln�t the Property or�ny p�rt thttsof.
<br /> � � '.
<br /> - - N�CJ187A INorrpdcdWN OMdI 11w.!A6
<br /> 10CC HnbrW D�nk o1 Commrc�Trut r+C B�vW�Awxi�tlon Uncan,NebrrMa
<br /> � � _-_ _ _. . _ _. _-_ _ _ - . ____-. I,. ..
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