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<br /> , f� � DEED OF TRUST WITIH PlJTURE ADYANGES - -,-..
<br /> ���'
<br /> , +� THI3 DEEQ OF YRUST,Is made as of the 19th day o} Dea ,19��by and amo�g� �-__
<br /> +s:• ��a:;.=
<br /> � the Trustor, Msx Boersoa Jr f� I.inda Boereen , huebsnd and vite -. � ;��__
<br />_ 310� M iSth St (3rand Island �herein'Tr�usto�'�athE�ors�e or more), \c v,�-
<br /> . � .� whose mafling address Is
<br /> � " Five Point� Bwnk a NeUrat�kn C�ps�"°�;on —
<br /> � the Trustee --.--
<br /> wh�se maHing addresc Is p•0. Box 1587 Gr�nd Island, KE 68BA2 (hereln"Trustes")�and �
<br /> ' ,, r� che Beneflc►ary, Five Pofnte Bank --
<br />�. whose mailing address fs_ Z015 ti. Broadv�ell Grand Seland, tiE. 68802-1587 (herein`L��uE�.
<br /> � a � Max Boes'�fn Jr
<br /> - � , FOR VALUA�LE CONSIDERATION,inciuding Lenders extenslon of credit idontifled herein ro —
<br /> z,� ; :�;, .
<br /> . (hereln"Borrower;whether ono or more)and the tnist heroin created,thc�rece�pt
<br /> � of which Is hereby acknowledped, Trustor hereby irrevocably grants,transtens,conveys and assigns ta Trustec;.IN TRUST,WITH
<br />'-°«� � ' POWER OF SALE,for the benafii nnd e�i.;;i�iy�i i�n�ar, u�sti�s srsd sut�j�t r�t�w tArma and conditions httrefnafter set fo:th,4he real
<br />;i�:,; • ��'� prO�o��1�Y�n��i��)°;Ne��l�nd Aares Auw�ber Six f6)� City og fir�nd Ial�nd. 11�J1.1
<br />'.:r,;;•..:, County. liebra�k�.
<br /> ,,.
<br />��.�;�°.���'};?�f •
<br />��q'�.�,.:t.' :;o�.;i �
<br /> _ ...,r,r��ii;if —
<br />�.,r��;;;%�::�;:•.• Together with ctll buildings,improvements,flxtures,streets,alleys,passageways,easementa,dghte,pdviieges and apparcenances
<br /> —"'-"`-�"�"''� located thereon or In anywise pertaining thereta,and the rents,Issues and profite,reversions and rematnde:s thereof,and such per-
<br /> �_-_;,-•-;•..r.�
<br /> ��r` :':'���,�,_� f4�'�4�� sonal property that is etteched to the Improvements so as to constitute a flxture,including,but not Iimited to,headng and coo���g equ�P-
<br />��.'��,a��i�j ment;and together w(th the homestead or marital interests,if any,which interests aro horeby releasad and wafved;ail ot whlch,includ•
<br /> y,i�:s:,�,;,;,y Ing replecements and sdditfons ihereto, is hereby declared to be a part o}the real estate secured by the Ilen of this Deed of Trust and
<br />~�-'=;;,,,��;.��� aQ of the foregoing being referred to hereln as the"Property�'.
<br /> —__�----- This Deed of Trust shall secure(a)the paym�:nt of the princlp ha i 9�m tturity dat e�by a promissory�ote or crodit agree-
<br /> =,,f•:��� mentdated �
<br />�au���-a��7
<br /> In the odginai pdnc(pat emount of S �18.570.SP) ,and any and all modiflcatluns, extensions and renewals
<br />�r���i thereo!or thureto nnd any and all tuture advences and readvances to Borrower(or any of tt►em(f more than orto)hereunder pursuant
<br />,.�.�..J.;,,.
<br /> _--:_-��.,� to one or more promissory notes or credlt agreements(hereln caited"Note"); (b)the payment of other sums adver�ced bY e r o
<br /> ffi"?'T'.Y:.'� protect the secudty of the Note;(c)the pedormance of eli covenants and agreements of Trustor set forth herein;and(d)ail presant snd
<br /> -=.'�-�� future Indebtedness and oblig�tions of Borrower(or any of them if more than one)to Lc�nder whether direct,indirect,absolute or contin-
<br /> � ���'�`?�'�a gent and whether a�ising by note,guaranty,overdra8 or otherwise.The Note,this Deed of Trust a►sd eny and ell other documents that
<br /> -�� secure tho Note or otherwise executed In connectlon therswith, includin�w(thout Ifmttatlon guaranteea, secuMty agreements and
<br /> r,��;.s�-- assignments ot leases and rents,shail be referred to herein as the"Loan Instruments".
<br /> --�'�"}� Trustor cavenants end ayrees with Lender as tollows:
<br /> � -.,%1�A:�:anli�
<br /> ;_,_.��,,,,,. 1. Peyment of Indebtedness.All Indebtedness secured hereby shall be psid when due.
<br /> ��_3i=..
<br /> v ��•��y 2. T itis.Trustor ia the owner ot the Property, has the ripht and authodty to convey the Property,and warrants that the 1len crea• _
<br /> ::�:i:i a•I.-;:.
<br /> ':'��_r Lendarbefore executlonpofthis Deed of Trust end t e exe�cu ion end delivery of thSDeod of Trust does not violaee uny coI nt�or �_
<br /> • „ �., .
<br />- �'�� � other obligatlon to which Trustor is subject.
<br /> - .���"."'.•:` �.Tex�s.Asseasmen4s.To pay before deli�quency all texea,special assessmente and all other charges egatnst the Property
<br /> ='-'��' �� ' ' '� ,. now or hereafter levied.
<br />-� ' ' 4.Insurance.To keep tho Property Insurod aDainst dumage by ffre,hazards Included within the tertn"sztende�d coverege",and _
<br /> �� • � auch hazards as Lender may requlre, in amounL� and with companles acceptabte to Lender,naming Lender as an additfonal named 4
<br /> �•:,�, (nsured,with toss payable to the Lender,In case of bss under such policfes,the Lender is authorized to adJust,collect and compro- -_
<br /> mise,ail claima ihoreunder and shall have the option ot applying all or part of the insurancc3 proceeds(q to any fndebtodness secured �
<br /> ' ' `� hereby snd In such order es Lender may determine,(II)to the 7rustor to be used for the repair or res4oraUon of the Property or(III)for �.
<br /> �� ,� '"�� any other purposo or object satisfactory to Lender without affecting the tlen of this Deed ot Trust for the�::!amount secured heretsy �.,
<br /> -- =��� � betore such payment ever took place. Any applications of proceeds to Indebtndness shall not extend or pcs:pone the due dato of any �'4
<br /> ...�_�..r,__...�....e.�.,,�. —-
<br />— ° . � payments unaerme ivoie,Of e.Ufei tltly u'oiaua a�mva�n�o�v�....•....••--•- _
<br /> 5.Eserow.Upon written demand by Lerv.ier,Trusteo ehall pay to Lender,in such manner as Londer may designate,suiticlent
<br /> sums to anable Lender to pay as they becomo due one or mure of tho toltowing:(I)all taxes,essessments cand other charges against
<br /> — � the PropeRy,(If)the premlums on the property Insurance requirad hereunder,(ili)the premluma dn any mort�age insuranca required by
<br /> Lender. •
<br /> 6. Maintenance, Repairm end Compllance with Lewi.Trustor shali koop the Property in good condition and repalr, shall
<br /> • promptty repafr,or replace any improvement which may be damaged or destroyod;shail not commEt or perrnit any waste or deteriore-
<br /> tion of the Proporty;shall not remove,demalfsh or subslantially alter any of tho Improvoments on the Property;shail not cammit,suHer
<br /> or peRnit any act to bo done In or upon the Property In vlolatlon ot any Iaw,orclinsncn,or rvgulaUon;end shall pay and promptiy dfs-
<br /> , ' charge at T�ustor's cost and expenso all Ifens,encumbrnnces and chargos lovfed,Imposed or accessed ayalnst the Proparty or any
<br /> part thoreoi.
<br /> �. 7.Eminent Domaln.Lender Is hereby assigned all compeneatfon,u�vaMs,damages end othor p�yments or�rolfef(heretnalter
<br /> . • . N2C Kil(Ndnp�dC'.�'J W�OI��.673
<br /> � Q10DElItlpWOWa1Ca�[nMO�TNNW8�r1tq�I.YOCYEm.LMtt�LN�d�W ` .
<br /> i
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