|
� �ri�:` . ' ,.i,t;:. ' .
<br /> �
<br /> ��_-�m..t�..,,.. . . ' .. .... ...:.i• ... . . . .. _ _ . .�.... .
<br /> .... .. .« " _ ' "___....... '. ."" • ._....._...._.._._____..._—/"_'_'.._.. __ . _...".r_.'..._...._�_. .. ... . . . . . . . ... .....�... ...
<br /> ^�mrr--
<br /> .. . �.v �I, I, , ' :1 � ..
<br /> � \ 1 tl �
<br /> (`� �\� � 'II
<br /> V YV � << � '� �' .
<br /> c,;���. nT � � '' ' �
<br /> �4 ��� � �~
<br /> �� • � n �n S
<br /> � (1 a cn � 1 � (._' n �Q.
<br /> � � \ � � � � d � m � w -
<br /> �� ., � -< c� -
<br /> �. � � � �
<br /> . �� � c� r a "^ � � .
<br /> o � � y m Q �' -,
<br /> � � ' � w �
<br /> ' c� C•_�(`,_ o � � r- � cs
<br /> ' . `�� ! � � � r � ~ �
<br /> . � N ,` � yv � •
<br /> � Q
<br /> �"��;�';:_��,�� DEED b� TRUST 1NITH FUTURE Am4�Q��ICE � �' �
<br /> � � THIS DEED OF 7RUST, is made es of the 13th day of December ,�g 96 ,by end emong �
<br /> .� tha Trumor, MICHAEL iV. REA end DICKI L. RCA, HLJBBAND AND WIBE ��
<br /> ., \.;,
<br /> . �� who�e melllnp addroes I� 934 8A6T 8UN8ET aRAND IBI.AtJD Nk� 6890�ereln"Truato►,"whether one or morel,
<br /> t � the Tru�t�e, gAI�11f OP DONIPHAN
<br /> � whoee m�lllnp eddroes I� F'.0. HOX 270 DONIPHAN, IJE 68(�3a lhereln"Truatee'1,end
<br /> � the Beneflclery, �ANIC OF DONIPHAN
<br /> `s who�e mNiing�ddross li �O SUX B DONIPHAN, NE 68832 (hereln"Lender"1.
<br /> � � FOR VALUABLE CONSIDERATlON,Inciudlnp Londer'e extenalon of cradit ldentitled heretn to MICIiAF,L W. REA
<br /> • +
<br />. '�, DICKI L. REA
<br /> ' (heroin'Borrower",whether one or more)and the truet herein created,the
<br /> rt�ce(pt of which Is hereby ecknowledged,Trustor hereby irrevocebly grente,tranafe�s,conveya and asalgne to Trustee,IN TRUST,WITH
<br /> • PoWER OF SALE,for the benoHt end security of Lender,undor and subJeet to the terms and condttlona herelnafter oet forth, the real
<br /> :;;:��;, praperty,described as 1olows:
<br /> � LOT 12, BLOCK 1, PLEASANT VIBW 7TH SUBnIVISIQN, ORAND I8L�1ND
<br />�=.r�.��:: �iALL COUNTY, NEBRABKA.
<br />'�;;::.�>...•.- . -
<br />:�'r'•.�� _
<br /> ;�,.
<br /> • PROPBRTY ADDRE33: 934 �SAST 3UNSET ORAND ISLEIND, NE 68801-
<br /> 3��:...-.....-•i?„ .
<br /> � Togother with ell bWdinga,improvemente,fixtures, etreete, alleye, pessegowaye,aesements,rl8hto,privllegea end eppurtenenaes
<br /> s����- . • located thoraon oT(n enywise perteining thereto,end the rente,Issues end profits,reveralons end romainders thereof,end euch peraonel
<br />:�::�'}"��;' �• property thet ia ettachedto the improvementa eo as to conatituta e fixturo,Inctudlny,but not Ifmited to,heatinp end coolinp equfpment;
<br />�'`�^�'`� . end topather with the iwmostoad or madtel Intereats, If eny,whlch interesta ere hereby releaaed and watvad; ell of which, Includinp
<br />�I`�"=-�-� replscement�and additione:hereto,fa heroby declarod to be e parc of tha rool �satste eecured by tha�len ef thia Dne�i of Trust aod Ni of
<br />''�`��w°'�'i�'� the rorepoing being reierted so harein es the"Property'.
<br /> ��i:�
<br />-.ii�,o:.�i+,
<br />_c4. -�-; Thls Deed of Trost aheli secure ta)tAe payment of the princlpal eum and interest evidenced by a promiasory note or credit
<br />_��_�<:''�,�„A:,,
<br /> �_:,�.:.,•�.� egteement dnted December 13, 199G ,heving a maEudty deto ot December 20, �000 ,
<br />`""r""��' �� 14,076.00
<br /> tn the originel princlpaf mount of 0 , ond eny end ell moditiaations,eMensiona end renaw�l�
<br />��-+.°;,,.,.. � thereof or tharato and any and all future edvences end roadvancea to Borrowor lor any of tham If moro thnn one)herounder pursu�nt to
<br /> s+.+����, one or more promissory notos or credlt egreemente(horeln celled"Note"1;16►the payment ot other sums edvanced by Lendar to proteat
<br /> 3«.
<br />:,����' the oecurity of the Nota;Ic) the performance of eli covenents end egreements of Truetor set forth herein;end(d)ell preaent end future
<br /> indebtedneaa end obliga;bns ol Barrower(or eny of them If more than one) to Lendar whether dlrect,Indirect, ebaolute or contlnpnnt
<br />�',�°���,,, ; and whether arlefng by nore, pueranty,overdreh or otherwiae.The Note,thle Deed of Truat end eny end all other document�that eacure
<br /> - a' the Note or otherwlse extcuted in connectlon therewith,Includinp without Iimftetion guaranteea,security epreements end esalpnmento
<br />- ����t:�; ' ot leases and rente,ehall be referred to heroin ee the'Leen Instrumenta".
<br />�• ' :" Truetar covenents end agroes wtth Lender es followa:
<br />���•��"'.. � 9.Paym�nt of Ind�Etednso�. All Indebtedneaa nccured hereby sheil be pafd when due.
<br />''� 2.Titl�.Trustor is �he owner ot the Propeny,hes the right end eutPsority to convoy thd Property,end werrenta thnt the Ilen created
<br /> h6reby Is e first end priorllen on the Proporty,excopt for ilena end encumbreneee set fonh by Truator In writing snd delivered to Lender
<br />= betoro exacution of tt�ie Oeed of Trust, and the execution and delivery o1 thla Deed of truat do:s not vlolate eny contrect or other -.
<br /> � oblipatlon to whiCh Truata is subject. -
<br />- � �� 3.Tuca,Ata»rn�nu.To pay before delinquency ail taxea,speclal assessmente end oit other charpes agelnat the Property now or =
<br /> • ' hereafter Ievled.
<br />- �; 4. In�unr�c�.To fceep the Property Insured egelnst demage by fire,hezerde, inctudad withln the term "extended coverage",and
<br />_ � nuch other hezards ee l.ender mey requlre,ln emounte nnd with companlea occeptsble to Lender,neming Lender as en edditionel nemed
<br /> �,��" innured,with tosa peyabkto the Lender.In case of loaa under euch poltctes,the Lendor Is authori:ad to edJuet,collect end compromlae,
<br /> _��_�_�_.�_
<br /> -;�.�- a��...o��..�...a a::��uci'ai�u oire°u n6vd ii�o opiivn oi appiying aii vr pari oi ino i�sumnc4 procooda iq io eny indaoiodnaas sacurao�ereoy
<br />� �" ' end tn euch order os Lmndor mey determino, (IA to the Truotor to be used tor the repatr or restoratlon of the Property or(1111 for Any other
<br />_ , purpoae or obJoct autlsfactory to Londor wlt�out affacting tho Ilen of thls Dond of Truat for tha full omount aecurad heroby bofore such =
<br /> : payment ever took place.Any appllcetton of procoede to Indebtedneas sholl not oxtend or postpone tho due doto ot eny poymente undcr -
<br />- ' the Note,or curo any do(ault thereunder or hereundor.
<br /> - „ 6.Escrow.Upon wtlttt�n demand by Londer,Trustor shall pay to L�nder, !n such manner ea Lender mny deslgnate,sufilctent aum� -
<br /> to enabla Lendor to pey ee thoy bocomo duo ono or more of tho follov��ing: (i)eIl taxes, aseesemente und other chargea egainat tho
<br /> ` . Property,(iq tho promfums on tho proporty Inaurence roqulrad hereundor,end (ili)tAo premlums on any mortgage Insurance requlrad by -
<br /> Lender. _•
<br /> _- 8. MalnUnanct R�pelra ond Compllenc�wkh Lsws.Truetor shall kaop the Paoperty in good conditfon and ropnlr;ahatl promptty �
<br /> repalr,ur reptaco any irnprovamont which may be damaged or doatroyed;ehall not commit or permit ony waste or dotorloretlon ot tho
<br />= Property;shell not ren�ave,domolish or aubstantlalty niter any of the Improvemonts on tho Proporty;ehetl not commit,suffer or permlt -
<br /> ` any ect to bo dono In ar upon tho Proporty In vlolatlon oi eny law,ordinanco,or ragulntlon;and ahall pay and promptly dfscherge at -
<br /> � Trustor's coat end expon�e oll uons,oncumbrancos and chargea Iovtod,fmposod ar asseesad egalnet the Property or eny part thereo}.
<br /> NBC94ti7A(NOnaprlc�tturel OeMI Rov.OIBG
<br /> � 1886 NeUon�i o�nk o�Cormvice Tmtt enC 6ownp�nenocieion,uncoin.N�braaka
<br /> .. .. __.... . _ .— - --._ __.... .. ._._..-----
<br /> ., .. .. ,� ---w—___._._Z..------------ --°--
<br />
|