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<br /> DEED OF TRUST WI'Ta0 �llYLlRE QoDV�+e°�lCES � • � �
<br /> � 3anua ,19 g�,by and among .. . y , <
<br /> , THlS�EED OF TR11ST.is made as of the 3rd day of � � ��
<br /> o•� . • , . . ,�.
<br /> theTrustor. PAIIL B. SEAF.S and JOYCS A. SEARS. FILJSBAND AND PJSFE .
<br /> .` d, ` "ri'±!�,"_'�'�,.
<br /> .� \
<br /> � 48 SONJA DRIVS DONZPHAN NB 68832- (herein'Trustor,°whether one or more). , � "�:�
<br /> . whose maling address is ` -•�
<br /> ���:�.
<br /> the Trustea, �t QF DOIJIPHAN • " '',,,,��:_,..
<br /> .. rw--..�.
<br /> PO BOI{ 8 DOIJIPFIFfN, NE 69832 (herein'Trustee'l.aretl ' '_`..<< .;��['�
<br /> whose mailing address is �� , '""-
<br /> ..'y�d4"'
<br /> the BenefteiarY. �'R OF D02JIP�1N • ' _ � � "'�
<br /> PO BOX B DONTPA�L^7 NE 68832 Iherein'iendar°). � �;st..,-
<br /> � whose ma:`:.�g address is . �'•�
<br /> " �.:;_
<br /> • FOA VALUASLE CONSIDERAT[01�>�nduding Lendar's extanslon of credit iderttified herein to F'Am+ $- ��-� � _ _ _
<br /> .. JOYCB E. SEAR3 ! _,,-;�E� _
<br /> (herein'Borrower',whether o�e or more)and the trust herein aeated,the :-_.� � �p�
<br /> " irtevoca b l grants,transfers,conveys��assigns to Trustee,IN TRUST.VIATH ��.�'b,,�` . ,
<br /> rece�'_n f rn-hic h is h e r e b y a c k n o w l e d g�i,T r u s t o r h e r e b y Y :. : `y� •�`
<br /> ppy1,^�0'F SALE, for tAe beneftt and securttl+of Lender,under and subject to the terms an d cor.3 i t io n s h e r e i n a n e t s e t f o rt ft,t h e��� ' �_,• a.
<br /> propet.Y.c�cribe�as fe:icws: .,,-"�`:''F�
<br /> • LG'L" "�`ORTY EIGHT (A8) . AMICK ACRES BAST SIIS'JIVYSION, AALI+ "'... i�� ;•_.
<br /> ' COIINTY. NEBRASRA. ';h:,"1f.'�:[;�.
<br /> :,
<br /> �'::;r:.;. A E .
<br /> . ADpRE3S: A8 SONJA DRNE DODTIPHAN. NE 58832-
<br /> � '+�; ,_
<br /> � PROPER •�
<br /> Together with alf buildings,improvements,fiMUres,streets,alleys,passagewaye,easements, rights,privitegas end appurtanances . • .
<br /> located thereon or in anywise pertai-irr�thereto,and the renta,issues and proftts,reve�sio�s and remainders thereof,and such personel ��_
<br /> .;w¢=
<br /> and t gethor iwi h theehomestead cr sna ital intereste,�any.which nte ests�eren he eby released and w�ied;all�o�wh ch Qincl ding -
<br /> replacements end addit'•a:u thereto,ia hereby deGared to be a part of the real estate secured by the 8en o!this Deed ot Trust and ail of '�.'•,(,.-•�_'�f ;
<br /> the forogoing being rd'a*i:d to herein as the'Property'• -�--_—
<br /> This Deed of Truat s�all secure(a)the payment of the principat sum end intarest avidenced by a promissory note or credit �_,:y � �;_
<br />;;;,.;:�; ���'�
<br /> y.; _ ,3uly 10. 1999 _ ... .
<br />�n{!;` agreer..ans dated J��n' �3, 1997 ,having a maturity date of ' �.;,:._��,�y��i�,��.�,.,�
<br /> : �^� h'�-,.�.;
<br /> , 8.430.20 ��i'�r..: ,�. ..
<br /> � S, in t4�e original p�incipai amount ot 6 ,and any and�:*��ifications, extensions and renewals ^
<br /> ����� thereof or theroto and any and all tu:ure advances a.d readvances to Borrower lar, any of the:r��`r�are than�r;n�.':ereundei pursuant to . �.
<br /> � `.
<br /> �` one or more promissory notes or ua�"agreeme-�a:�arein called'Mote°l:lb1 th��:es^ena of c�%n sums adv�,:va�by Lender to protect ��.;_,*,�_'„
<br /> the security ot the t�lote;lc)the��"'ance of�i rovenanta and agreoments of'°:�'tor s:�f:,�'!�. .°.eroin;a:���a�►P��e�+t and future ��� � ; _
<br /> indebtedness end obiigatlans o4 Gr.��ver (or an.�q ot them if more than onel to Le�der wL•e�ma•1:ect,indirect,absotuta ar contingent ,
<br /> -'3 L,'.`l`�:•�::
<br /> end whether adsing t'�oie,9'C re x�nect on h°:ewit,�ioclud ng w�thout Ii0:2 c���gua er.tees,secutity,wa�eements and assi8nments ,a,�1tF�"• '�
<br /> e: tha Note or otherww.�x°_cute .``�"'`i�' .";"'^','
<br /> � of leasas and rents,����J�ns re`.e�e3±o herein as the'Loan lnatrumente°. -+F?�; ::.;�: .' �
<br /> � � Trustor wvenana and agrew a;r4�Len6er as follows: . :,�;,,�.• �
<br />� ' 1,Frymx�e of Ind�btedness.�+1 •ndebtedness secured horebY shaii be paid when due.
<br /> � 2,T i t t s.Trustor i9 the owner cf the P►operty,hes the right ar.�authority to eonvoy 4he�'c,�erty,and warrants thet ifce'�c'�created `:��y{ti,;�i,•. ,
<br /> � hereby is a firat and D�Zor Iten o�the Property,exeept for liens ar.�eneum b r a n c e s s e t f o r:h b-�°T�u�o r i n w r i tin g and 6et:vc-�-��d co Lender . ,;1.:•
<br /> betore executlon of this Deed of Trust, ar+d ehe execution and deiivery ot this Dead ot tr�..::�-�oe� rat�i:�!=to eny no�:ra..^t or other , __
<br /> obligation to which Trustor ls subJect. •• � ==_
<br /> 3.Teses,A�seasmante.To pay betore delinquency a11 taxes,speetal assessmonta arad�1 cther charges ar,���st the PropeRy now or .
<br /> hereafter tevied. ,. , '
<br /> 4.Insuranc�.To keep the Pro�eRy insuted agalnst damzge CY fire,hazards,inc:uded t+:��f'�in the term °eMended c¢uerago", and ' ', , . :'
<br /> such other hazards as Lender may require,in Emounts and with companles acce�stebFa ta L���:�,naming Lender as an a��:t(enal named
<br /> insured,with Iass R�dable to tfie L en der.In case o t l o s s under such policies,rne Lsndor is authonzed to adjust,collect and eompromise. • ••'�:t�•-��.• , . _
<br /> al)ctolrt►9 theraunder and shall have the option of applVing all or part of the��si:•rance procesda(i)to any indebtedness secured heraby . -• s
<br /> and in such order as Lender may determine,lii)to the Trustor to be used for the repair or restoretion of the Piroperty or piU tor any offier .__
<br /> purpose or obj a�k alaco Aony applecetio o'fhproceeds ton ndebt dness shall�not extend or postpone the due date o fany payments unde► � _
<br /> paymant over t o p •'•
<br /> � the Noto,or cure any defoult thereunder or hereunder. ,
<br /> - 5.Escrow.Upon writtan demand by lender,Trustor shail pay to Lender,in such manner as Londer may designato,sufficient sums
<br /> Propertye i`)therp em ums n thebproperty insu ance revueeaf nereunderwend(i if tlhe p em'umsson any mortgege nsurance requiredtby ' � —
<br /> �
<br /> Lender. �
<br /> � � 1 8.P�Idrtt�nance.Repdro and Compltance with Lowa.Trustor shait keep the Roperty in good condition and repair; shall promptiy
<br /> ' ropnir,or replace any improvement whieh may be damaged or destroyed;shall not cornmit or permit anY waste or deterioration of the
<br /> PtopartV:shall not remove,demolish or substantially alter eny ot the improvements on the Property:shail not commit,suffer or permit ,
<br /> __� �y n�t te b� dono in ot upon tho Property��viotation of any Iaw,ordmance, or reguiation;and shail pay and promptty discharge at - - _ -
<br /> • l Tnistor's cost and exponse eil liens,encumbranees and charges tevied,imposed ur ass�sed a$airs.."t LhC Rflt���!Y of eny na*t thereot.
<br /> r::_
<br />. • S�+
<br /> ' f:OC3457A INana�iCWiWllDeadlROV.6/98 - . " —
<br /> � 1988 Nallonaf Bu�l ol Commttrn Trust Y+�Sav�ngs AssoneUOn.llnw�n•NeDmsta • • .
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