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<br /> . - ,, D�@D 0�=TRI�.ST WfTFI�U71JI��ID�//1R�PrES �:.`=t��"'.�
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<br /> � 7HtS DEED OF TRUST.is made as of Ne 8THday of JANUARY .19 98 .by and amoAg� _ `-
<br />.. � � �. ,(i� �� _ . ..-. ��r' .
<br /> � , tt,eTn,scor, GARY DEAN SEARS AND�ONNYE L SEAR� uucanNn aNO wIFE _ �`� '
<br /> • O 5�• : � h:.
<br /> _ . whose mailing address is �n4 tu �u�a nvF rQetun t ci nUn ruF tis+Qn� (her��►T���ether one or mo�e). ` , � � ,�_
<br /> -_:�
<br /> ..<•:. . _.�_
<br /> � �,BT� FIVE POINTS BANK A NEBRASKA CORPORATION . - .
<br /> -. :�. ;. : �.r,,. ;
<br />� .. ` .. ,� � whase mailing address is a n eax ��m�raaun T cl AND, ;� ti9an�-�tim (henein Trustee'�.ana k___
<br /> . � a
<br /> �� �i � FIVE POINTS BANK
<br /> . , the Benefraary.
<br /> -- . . . .". - . whosemadingaddressts 2015 ! BROAOWEL�, CRAND I�IAN�� NF �9R09 �h��`�. - __-
<br /> � ' � ` ! FOR VALUABLE CONS(DERATtON Indudin Lendefs e�enssnn of credit identified hereln to '��-�f �,--
<br /> GARY DEAN SEAR� ANO �ONNIE L. SfAltS : p .-�•�� -
<br /> __�,._--
<br /> ' " fherein•Bortawer,'whether one or more)and the trust herein aeated,the recefpt _�, t ti�=:.
<br /> .� � ` �' - of whtch Is hereby acknovAedged.Trust+or hereby irrevocabty grants.bansfets.oonveys end assigrts to Tnastee. I N T R U S T.W R H •- _ _.
<br /> • � . ' ppyVER OF gAtE,for the 6eneflt and security o f L en der,un der an d s u b j e d t o t h e t e m►s a n d c o n d i�a n s h e r e i n a ft e r s e t farth,the real -_
<br /> z ' � ' , propecty des�ibed as fallows: ' s.-_
<br /> - � SEE ATTACHEO EXHIBI'f "A" �� � �_
<br /> . .. . . �; �� :
<br /> � � Together with a11 buildings.improvements.foctures,streets.alteys.PassagewaYs.easements.dghts.Privilegos and appurtanances :-i�
<br /> „�
<br /> , � s tocated thereon or in anywise pertaining tharetn,and the rents.issuea enQ profits.reverslo�end remainders thereoi,a��such per- . -
<br /> � '� ` sonal properiy that is attached to the improvemerrts so as to canstitute a finWre.including,but not Iimited W,heaUng an0 ooaling equip- .�
<br /> _...��_ ::�:•• _ _ ��'
<br /> � ��.'-- -, men�and together with�a homestead or m a r itaf i n�r e s t s,i f any,w h i c h i n t e t e s i s a re hereb y reteased and waived:atl of which.includ- �' �?��
<br /> � . � ing ceplacements and addiuons thereto,is hereby declared W be a nart of the real estate secured by the lien of this Deed of Trust and ,�;. ����� :��<<__�
<br /> � �• ` � all ot the foregoing being reterred to herein as the'Property/'• '� Ft ``
<br />� ' ' Thta Deed of Tnist at�all secure(a)the payment of the pdncipaf sum and intarest evldenced by a promtssory note or credit agree- ,�:;�` °�+#.���
<br /> � � � meat dated O1-08-98 .hav(ng a matudry data ot o7-t1T-A9 _ � �`���
<br /> x_a_
<br /> �' � �� tn the odginal principal amount o1$ ��g,.�g .an0 any and all modificatlana,extens[ons a�d renewais .,.��'•.y�
<br /> • thereoi or thereto and any and all future advances and readvances to Borrower(or any of them if more than one)hereunder Dursuant ,,.�;;-
<br /> � � to one or more promissory notes or credit agreements(herein qited't�ate'y;(b)the PaYment ot other sums advanced by I.ender W � ,-_ __
<br /> � �� protea the security oi the Nota;(c)the pertortnance oi all wvenams and agreements oiTnutor set foRA herefi;and(�aii present and `_:�_�:
<br /> �, . � future indebtedness and obligatlons of Borrower(or any of them if crr�re than one)to Lenderwhether direct,indireq.absotute or conOn- .
<br /> � '. � •• ' gent and whether aflsing by note,guaranty,overda�!or othennrise.The Na:�,this Deed ot Trust and any and ail other docuinents that
<br /> " • � secure the Note or e�serwlse executed in conrsction therew(th, inctuC:ng w�out UmitaUon guarantees,security agreements and � . —
<br /> ' � : � ' assignments oi leases and rents,shatt be referred to herein as the'Loan Instrasment�'. ` ' .
<br /> Tnistnr covenants and agrees with Lender as toliows:
<br /> �• �� � 1. Payment of Indebtedness.All indebtedness seared hareby s,hall be paid when due. �, ` ;�' ; �.� •
<br /> � 4 � ' 2, Tltte.Trustor is the owner 5f the PropeRy,has tha rlght end authodry ta convey the Properiy.and wartants that the Ilen creat- ..
<br /> -%��.� � ed hereby is a tirst and prior lien on the PropeRy,except for Uens and encerbrancea se!forth by Truswr in wriUng and delivered to .
<br /> � . � Lender beTore execuUon of this Deed of Trusi,and the execu Uon an d de livery o f I h i s D e e d o i T r u s t d o e s no t viotate an y cenVad or .
<br /> ' � other obligatlon to which Trustor is subJect. � •
<br /> � -• . 3.Taxes.Assessmants.To pay betore delinquency all taxes,spedal assessmenb end afl other charges against the Prop9Ry
<br /> ' ' . now or hereafter levied. � �
<br /> � 4.Insurance.To keep the Property insured agalnst damage by fire,hazards inGuded within the term"extended caverage",and :
<br /> � such other hazards as Lender may reguire.in amounts and with compantes acceptebte to Lendsr. naming Lender as an addiUonal . .
<br /> � named lnsured,witb loss payabte to the Lertde:. (n case oi tosa under sucR policies,the Lender is autnori¢ed to adjust.oollect anQ .
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