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<br /> � � �� DEEO AF TRUS�'WITN FUTURE ADVAN6�S �-
<br /> THIS DEEO QF TRUST,Ia made as of the 26th day of Dr��ember , 19��.bY end amorig�
<br /> �, --
<br /> th�Trustor, Robert L. Clymer & Sher I iZ. CI mer husEsand and w66e � �
<br /> , \.--
<br /> �� . �` whoso maitin acfdress is.��!� rand Aven�n�, C%rand laland, NE �SR01 (herein"Trusto�',whether one or more), _
<br /> fl
<br />� lhe Trustae^
<br />- whose me111ng address Is P 0 Box 1507 Gr nd island NE 68802-15Q7 —(herein'Trustee�,end
<br /> - � ` the eenetic�ary, Five P ivtts B� k --
<br /> . . whose mailing address is 2015 N. �roadwell Ave Grand (sland, NE 6SB0� (herein"Lendet�.
<br />� FOR VALUABLE CONSIDERATION,induding Lenders extenslon af credit identifled herein to �,phppt � r1�mpr
<br /> _��;;=��. �., ;
<br /> i�"` � �s� (herein "Borrower;whether one or moro)and tfie trust hereln creatod,the rece(pt
<br /> . ...-
<br /> _ __ - ---- °.. � ^-
<br /> -'�:'�= of wh(ch is heroby acKnowledgeci, ir�sior herauy iireriwc�t�yt�ra��ir'r�S�s°��g.���assigns to Trustee,IN TRUST,
<br /> ���"��',+�i..�',.,'` P'OWER OF SALE,for the beneflt and sacurity of Lender, under and subject to the tortns and condlUons hereinafter set forth,the real
<br />�`s''a;", ;
<br />� ��+-.�.•:, P��h►descdbed as blbws: -
<br /> ,µl,• ; :; ,,:�1
<br /> }` '+'�'� �� ' Lot Flve (S), Block Seven (7�, Rep�at of Riverside Acres Addit6an to the City of
<br />�.`���
<br />�.�r�,.,F�!'�',. Grand Island, Hall County, Nebraska.
<br />=';x�.�`n�`?�
<br />��.�,.�.� Together wlih all bufldings,improvementa,8xtures,atreets,alleys,passageways,easemont�,righta,privlleges and appurtenences
<br />_�� Iocated thereon or in anywise peAa�ning thereto,and the rents,Issues and proftGS, revere(ons and remainde�G thereof,and such per-
<br />��..� sonal property ths4 is attached to the ImprovEments so as to constitute a tixture,Including,but not timited to,heaUng and cooling equlp-
<br /> �•:;,,F„a,: mont;and together with the homestead or ma�ital interests,If any,which interests ere heeeby re(eased and waived;all of which,!nciud•
<br /> �`.�y ing replacements and additlona thereto, is hereby deciared to be a part ot the real estaYe secured�y the lien of this Daed of Tmst end
<br /> - `-:.,.,`� all of the foregoing being retened to herefn as the'Propeety'. note or credil agree-
<br />'�-����-�,� Thic Deed of Tnist shai!soeure(a)the payment ot the princ►pa�sum and tnterest evldenced by a promfssory
<br />-�:��-�-- ment dated ne�sry+h��26, '!9'36 — ,having a maturiry date ot
<br /> � �° in the o�ig(nal pdncipal amount of S 3.� ��� �n � and anY and all modiflcaUons,extensions and renewais
<br /> —_. thereof or thereto and any and all tulure sdvances and readvances to Borrower(or any of them if mare than one)hereunder pwsuant
<br /> _�«..,,s.� to one or more promissory notes or credit agreemente(herein called"Note");(b) the payment ot other sums advenced by Lender to
<br /> ---_--_== protect the secudty of the Note;(c)the pe�tormance o?all covenants end agreements ot Trustor set torth herein;and(d)all present end
<br /> "°° �""�°- future indebtadness and obltgations ot F3orrower(or gny of them If more than one)to Londer whether direct,indirect,absotute or cbntln-
<br /> -�---��:��� gent und whether arising by note,guaranty,overdratt or otherwlse.The Note,this Qaed ot Trust and any and all other documents that
<br /> __-- _�� secure the Note or otherwise executetl In connection therewith, Including without Ilmitation guarantees, secudry agreemente and
<br />___,�,._�- atssignmente of leases and rents,shall be refetted to heroin as the"Loan Instrumonts'.
<br /> __„��;.�• Trustor covenants and agrees wlth Lender as tollows:
<br /> =� 1. Payment o!Indebtedn�sa.AII indc;btedness secured herody shall be paid when due.
<br />-"-�:�,;�;�� 2. Tttle.Trustor is the owner of the Property,has tho�ight and authority to convey the Property.and warrant�that the lien creat-
<br /> _ �'_��°" =" ed hereby is a first and pdor Ilen on the Property,except tor Ilens nnd encumbrances set torih by Trustor in wriUng and delivered to _
<br />�;;;�;;±:.°�. �•. Lendor before execution ot thlo Deed of Trust,and the execuUon and delivery of this Dood of Srust does not violate any contruct or
<br /> =_- oiher obiic�atlon to which Tnistor Is subject. _
<br /> - - 3.Texes,Aaseasments.To pay before delinquency atl taxes,speciat assessme�ts and all other charges against the Propertyr
<br /> �":'=. ��: now or hereafter levfed.
<br /> � 4.Inaurencs.To keep the Property insured ugalnst damage by fire,hazarcls included within the term"oxtended coverege",end
<br /> � � ` such hezards as Lender may requfre,in amounts and with companies acceptabfe to Lender,naming Lender as en additional named
<br />�;=� • �'�'� ':' � Insured,wfth toss payabte to the Lender.In case of toss under such policfas,the Lender Is awtt�orized to adjust,collect and compro- _
<br />_ �`�_�;�;� �� mise,all clalms thereunder and shall have tho optlon of applying all or part of tho insurance proceeds(q to any indebtedness secured �
<br /> - •``'�� �rt hereby and in such ordor as Lender may determino,pl)to the Trussor to be used for the repair or restoratlon of the Property or(iff)for _,
<br /> , (.�q� �'i_� any othor purpose or object satistactory to Lendor without attecdng the Ilen of this Desd of Trust for the full amount cecured hereby
<br /> ��r,....,.,.�,,.�,.oea�u�nf AYtend or nostaone the due date of any
<br /> : .----`=:-T b810f8 SUCh p.']yfi18l1I BVBf LOOK pI3Ge.Any Hppin:nitvii5 v�N�vwo..o.............__.._��._--.-. - • - __.
<br />'. Y,,.,;,.,.,�, • payments under tho Noto,or cure any defcult thereunder or hereundvr. -
<br />_ ,',.,;�:`.,, 5. Eacroau.lJpon written demand by Lender,Trustee ehail pay to Londer, in such manner as Lender may designato,suftkient
<br />- sums to enable Lender to pay as they become due one or more of tho toAowing:p)all taxes,assessments and other charges against _
<br /> � tho Property,(If)the premlums on tho property Insurance requfred hereunder,(fil)the premfuma on any mortgago insurance requit�ed by -
<br />�- Lender.
<br /> -. • •• � 6. Mefntenance, Repaiee end ComRllance with lswa.Trustor shali keep tho Property in good cond(tlon and repafr, shall
<br /> " , prompUy repair,or repiace any improvemont which may be demagad or destroyed;shali not commit or pertnit any waste or deteriora-
<br /> t[on of the P�operty;shali not remove,demoiish or substantially alter any ot tho Improvements on the Property;shall not commtt,sufter
<br /> _ � or parmit any act to be dona In or upon the Property In vioiatwn of any law,ordinance,or reguladon;and shall pay and promptfy dis-
<br /> �n charge at Trusto�s cost and axpense ell Ifens, encumbranc�s and charges lovied,imposed or accessed eBainst the Property or nny
<br /> - part thereo}.
<br /> - � 7. Emtnant Domatn. Lender fs hereby asslgned atl compensativn,awards,damapes and other payments�r rellef(herelnaftor
<br /> rmc xr tN«�qaanrr o.��ems
<br /> � � O�ve0 wicnu Ouu�d Comwwrruu ero 6r�+W n:aocuen�a,mh r+�er.�x. ...•.
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