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<br /> De@d Of TrUSt'� a5
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<br /> ' TNl3 D�ED OF TAUST N made tA:� dsy W ecem er , fA.2�L�bY ar►d beh+gen • �D-� .
<br /> RARBARA ,T. WALD, Husband and Wife W�q�a��h�rs,�a�e�c�od tM"lusta'�, =—
<br /> wtx�a�mr�hg�ddessle��2�...Lt�kg�s►d Circle� Grand Island, t�E 8801 , � -
<br /> � NO�YESlB�INK E RAK.A NATioNAL ASSOCIATIQN �,�,��yw.�„��,y,��„�y,��a =
<br /> , �� 202 W. 'It►ird Streets G7an1 Ie � N �ndNO�riYESiBANK KA NATIONAL ASSOCIATION ��� , �
<br /> cMedths Bendkla�yr'�,whosema�wngaddresala 24.� West Third Street, Grand Island� NE ,
<br /> '� WITNESSETH: .:+°��'
<br /> IF TH13 BOX!S CHECKEO K3 TNIS DEEO OF TAUST CONSTITIJiES A CONSTRtlClION SECURITY AORFEMENi UNDEA THE NEBAASlGI
<br />_ :,� CONSTAUCI"10N UEN ACT AND CRGTES,QRAHiS AND CONSIITUTES A CONSTRUCTION SECUAIIY INTEAEST IN THE PAOPERIY ��_
<br /> DfSCR18fD NEREINBELON! '��`"
<br /> WHEREAS,Ausior ly lndeLred�o Benefklary!n Iha pr�rc{pa!sum ol'�dA HUN�RED FI FTY THOUSAND. AND NO/100----•----° .��-_ _
<br /> p,��(i.250.000.00�w��,��N�by lrusl�or'�paorrr�soryrwMV+ted December 20 _, �p 9� (P��r ---
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<br /> .� , c�d IM IVoIeY'J,payro6b b tM orclei d Benefklry and hwlny�mehxAy dFph rna r�X�, 1 q 97 . - _
<br /> - NOYd TIiENEFORE,lbr Ms/x+rposn W secuninp: ----
<br /> �+�P�Y�g ci ure FiuiR ic�yeirnii wiu►iii"av5i uioro"u.,io�o G�iS�yoa►��i+�T w pw"iQ.w al'�ltitt.r��""......t,�:.°�.._.�'°'!!....�^"�!S!^�^'�i�
<br />� �h1A�00!1fNl IMIlIY1b 1�MX60�
<br />�`i� �, Ia)PaYmerM d eN ofher surr�hss a charge�,bgetMr with hN�erosf fl�ereor►,advanced b prolecf the secudry d Mb Deed d ivat and tlk pedormar�os -
<br />_ d fhs caron�Ma and aytewnents of Aus[io►,whether a nof aet Ib�ih hereh.
<br />:�W (a1 PuAxm+r�d'schsrps d uM cwr�pYance wkh nrory lerm,ca+anant.obYQatlon aml rgreemeM d liusror caKeY�ed hereln or i�oaporabd by -
<br /> - rriWu�a ary other sacudry hstrument a�uryNme phron ro aecun ths Not�ed end
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<br />--•::�r.{=,,.;?.,:. (�1A�+�ps�ar.,mt d a�ad+er avms or Mure acHence;wAA hPerrat tfweon,wbkh may heserobre he►e been or hasaM�r b��d�x�d by�an,/a
<br /> . .��..�,� Tnt�Aa►od'Austab aucCessorAn iiMie51 a�tMtej ��
<br />_�'��;_;�r,.; aN d whkn la l�dhr coN�ctA�eH capl�d fMe lnde�bt�dra�a:Truswr/rtaocat�y ynnts end franslb�b lfuils�,h Oust WIIH PON�ER OF SAL�Ih� -
<br /> _,- �.� ,� Ao1ro�/ny�p,toperry;
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<br /> `:i.i�.•,•� �.�,,�� Lot Eight (8), Meadowlark Estatea Subdivision, Hal�. County, Nebraska. �_
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<br /> =:�,-r:---srr; �b►�Rl+��8�aauchxs;ad6tJonb enlerpetnenf;modif�allon�re�pa`s,�feaert�K;and lnprowrtyMa now a fNreefM►baMd 1he�oon,
<br />;�- . .r � (i��M pi*xnaM,macl�M�erY ar►d 6xrtxes('nckrdi�g.wNtwur f'r►�ftauon,aN f9►+dnD�heaUn9,wntNedn9.coo�inD,a(r oanritlo+Y�►D���9�P�+►��D ��
<br /> � flrhrs3 wale►rv�d po�►w ayslemx englr�ex boJle+��ar►9e�t a+enA dislM'+s1ia�miaors and rr�arNelsi��rN,fumace;oN dmt.r�Nevalo�u�d
<br />-�.::�;�„�i moUorg m/rjqoraUon P►an,'s or unita corrunix�k�.afion aysfom�dYnamvs.translbrrne�elecnkal equl/xnenC alam end acreen wfndlo�va6 doo+s�ewnlrnjl and
<br /> ahsrles)naw ro�here�fbr aftached 1�or bu1R!n,ery bullding lmprovement or Gnp►o�ernent now or hixeafter bcaled thereon.(X�)eN easerne�Ke and dphf�d
<br /> -^-��'%:� way a�anf tlierek�pv)a111easehold estat�rk,1/it,tltle and IrNaest d Trusbr!n and fo eN Iease�whether naw o�hereafler crxxllsting a enbred dnio
<br />— '`�'�r���� (incMxAing,wNFauf limYa(lon,eN cash and seclwAy deposJt�edvence reNais and delwsifs a paymieMS d a slnWar�ahxe),pertehkg therefA N)��erN;
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<br /> _-:,__�;c�,:� /ssue�prolits and kicona flwrdrom(suDject to 1he dgAt d A:rstor to coNect md appy sudi reni;IssueR PrdSls end bx:ome a�IheY bacome dbe and
<br /> _._,�,�.;� PsY+pb ao bng aa rro eNent d ddeuN exlsts horax�doq.h4 e�►roya►tres m�,erei dr end�ae��jnta end prord�weta wa�+rr rtgnr�and water sack N�)+�
<br /> R����:,�. bMRIMM�AlfOQIM1Mf�Pp�VN?8B8 Nfd�PPUf1AfMI1C89 bQk1X�Jg,useda er�foy�ed h comocUa►tl�ertwlrh,end(v!i)aAproca�cb d corHersbn,�nArMary
<br /> ';"^:'�;�'.� a iNOAx�tar)t o�rY d Ihe Ibropokrg kKo casdi a iquldatod c/alms(lc�k+d�+9.wkhout�rt�N�a�n.procee�rs a rns,xano�and condn,m.don e�ds�,.�r a
<br /> --'-°`'^''����� whlah!s he�srinaNer coHocUwH caNed ths"Trust Property:
<br /> ;=�yF��i��.. T1�Pfi07+ECJ iHE SL�CURJN OF TOUS DEED OF TRUST,TRUSTI7R CWENANTS AND AGREES AS FOLLOWS:
<br /> _ .,=_z�.��t� t fltla�uslor caronerMS.�vaaarHS ared a�eea wkh Benefidary,Rs successas and essgns�Ihat 7fusfa avns the�ust Prnperry fiee kom any prror Ijen
<br /> _��;?.�'�Ai°, a enCUmtxm�cab that fMs Deed d Tiust!s end wi�remr�in e vaNd and enforceabb fNst�en on 11�Trusf Prcperry,U►at Ausfa,at fti expensa w1N
<br />�•--,;,�t�°'�"�`�4,,..,. • preserv+�auch iifle ond wi�maNtfa/n fhis Deed d flust es ae/irst and pnramount licn upon tho Tiust Property and wfN brever werrant end deR�id fRs
<br />- - '"�`';ir,�':::,, veAdiy and prloriry d U+e Aen Iwred aflainst Ihe Gakns d a0persans andpardes whansoewr. Trusto►,at 11s o�cns4 wlAcause fhls D��ed a/kust
<br /> - and oach anwnaFnaN or s�pplonwnt he�ata�bu lied and recorrtod es a moitgaga d Nao Aust Properry fn auch manner and(n such place and wiN ��_`�.
<br />—_ , '';�^' ta/os sLich Lcfbn as!n tAn opfnfon d Trus?nn maY 6?.�eRu�od 6Y a►N Pr�annt or future law!n orde�to perlecx,malntaln end prutect ths Ner►W tMa Qeed �=_,_.�v_
<br /> ', d Tiusf,as the same msy be amenderl or supplame(+Md from tlme ro flma Tiuslor wil mafee sucb furthar assurdnce a essurance�Io Pe►ket Re tnto to ����j_____
<br /> '��i Me'Rust Propaty as m.�y be requlred by&��eNclary..lhrsror here6y ielinq��lshes aq dght d dawr arrd homesaad In end to the 1Fust Propertyt —_- - --_
<br />�. 2 Phynwnf o!InJetXednesa Lustor aliei puncNelly pay fhe pdnCfpaf af end lntefest an Iho lndc6todnou soauoQ lar�Cb,/. - =-------
<br /> -' � 3l ConsMrction ol layxowments Rusta sAa�t oar+pleta h good er►d►tiwkrnanFke mannd ary bu;ldings Impraements a repalrs roMUnB fAe+e+o►N�kh -----__°__-_
<br /> .. msy be Degun on!M Trusl Property a c�anlemplafad by fhe loan evidenced by Ihe�1de socured dar�by,ro payr when aUe eM costs and tiabtiTie�
<br /> � . lncured the+ekxq and r►ot b perm�7 any�constructlon�ien a9ainst such Trust P�ope�e h the eHertt consUUCtion d lwlkViegl�M�pitz+�merKS w isyoaiks '
<br /> _ ere corKemplefed,kusbr Nso a9�ae�aryrhhg M thls Doed d Trusr ro[ho connery nawirhsrana`rtg;(el b P�+�P�H�+�noo ery aud�w+aMr and b .�_: �.:;..
<br /> caripkle the proposed i�rynaeme�►ta pranpy,(bl ro compJe�a the sarno M accadance with rhe plans and spedficaflons os e�Dprowd by Benefk'daryt �::_,�
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<br /> fcl le carri8�wNh aM Uee tdms d m DuFlding ban agmemenl.N any,bef»een Tiustw and Beneticfary,the tc�ms d whlch c�ro lncorporeted lacein Oy >..__. „st,�«�'.,._�
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<br /> ,- -- ri�rence and made a part herad,(d)Io aNaw BentrfiGary fo(nspecf Iho kusJ Propo�ty et all flmes during construclion,end(01[o rc{Nxe a►y wwk or '` : ,-°x�-^-T
<br /> maMrlals unsetlsfecfay to B�uteticlary wtthM lifteen(iS)dsys aftor wrilbn notJealrom Benellclary ol suGr lect . , ..F•r.•.:
<br /> �. Fixids krr Peymenf d Chargo�SubJc�t,t to app`cable!aw a M a wrillon►vaMer 6y Benefi�clar� T�usta sheApay 10 Bertefk;lary on tho 11rst day d each . .
<br /> moMh,a such oth�,r data each rtwnth as mey be apecilied by Bc�►eflclnry,unta Ihe/ndebteQrtoss!s pald ln lun,a sum(►rore�nafkr called Ihe"Wnds'� . " ' �
<br /> - " equal b 1/121h d the y�arfy faxos end assossmenfs�vAfch may aftaln prlor'dy am fhli[l�ed d Aust nnd prourtd rants on tho Tiusl Proporty��T ary,pAt9
<br /> - . . 1/t2fA d the yrarly premlum insmHmrnfs Aor hnznrd Jnsuroncq pA+s 1/t21h oI fJ�e y¢�a�y prem7um kistalirranfs lor mortga�o Insurar�ce.H ary,aq es , „ ,.
<br /> � roasonaby estlmated NriUai�y and from time ro Ume by Henafklury ai rho bas/�d asse�s�rx�Mm arrd 6iMs and masonable estknatoa themd.Id�e Finde
<br /> ahal De Aefdln an lnstNuUon,the doposfts a accounts d whlcA are k�sured w@uardmee�d by a foderal a s[a!e eQancy M►Glediny Ber►eficluqt ,
<br /> BenoNdary shaX eppy[he Funds to pay sald taxest essessment� lnuxance premJurtu end ground runts Bonelldary ahaN not be rsqulieJ to pay
<br /> � 1)ustor eny M�erest a eamlrtgs on the Fundx BoncflGary shap phro to Austor, wiin«�t chargo,an unnual occa�ning d the Funds ahowkp crod�ts and
<br /> , debif�to Hte funds and thu purposo for whkh oach debil ro tha Funds was mado. Tla F unds aro plbc�pd ai odAiUonal secunry la U�o Indobteainess ,.
<br /> - secumd by fMa Deod of Trust!t the u►wunt d Nm Funds held by Ber�nficiary, togetha witA U�e fulure month y lnsta!knent3 d Furtds peyablo prro�(o •
<br /> - Ms d�e d�ba d taae;essessma�t4 hsuronce prmtuma and gro�xid reM� sAr1 exaed Iho smamt rr9uhed oo pay a8M laxe�asssasma�t;
<br /> , �� fns+xria pron�kxn��r�B praxxl ronta as fhey IaA duei auch exceso et►s16�4 at Euskve opt�o+�,e(U►er P��jY R'P�b Fusb�a CnHAbd AD 1hdsM7r
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