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<br /> , pEED O�YR19*�T�/lYH�U1'RJP�E ADl�t�i1l�ES .
<br /> , ,.'- .�,,�-_
<br /> OF TftUST,is made as of riie 13TH day of JANUARY ,19 97 .by and smot►g��� �'�~�'� -;-.I�`1�'•���
<br /> . Tii1S D� -
<br /> the Trustor. , ' ': '.
<br /> 623 RAVENWOQO DRIVE, GRAND ISLANO, NE,68801(herain°Trustof,whetheroneormora). �"� ' r•-'-'
<br /> whose maiAng address is _��-��_
<br /> �--
<br /> �.' �� the Tear,�a FIVE PO .� �`�=�=` _
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<br /> `�,• (hecein Tn�stee�,end _'�'�� .
<br /> � whosE�P4z�g address is . • • , , _
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<br /> tlteBetteficiary, ^:"`..--`-'�!—°-
<br /> vrhoa��-ailing address is 2015 N BROADWELL GRAND ISI.ANn nic 6AA01 (herein'Lender°�. .'' � - < -
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<br /> FOR VALUiaBLE CONSIDERATION.inctuding lenders extenslon of cred3t[dentifled hereln to . -��: ,
<br /> JULIE A. PERSINGE � ' � � ,
<br /> .� � •,:
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<br />' (herein`Bortower:v�trether one or more)and the hust t�esein cneated.the reaiitpt ,. ,.... •. ,; ;.,.
<br /> . of whish is hareby acknowtedged,Trustor herebY 1�se�aca9xty gtanis,Uansters.oomeys and assigns to Ts-�r�.IN TRUST,WiTH _ .%??�,���<� ��"
<br /> POW�t OF SAI.E,tor ttie benefit ar[rl secu�ty oi Lender�uncler and subject to the terms and vonditions i�ar�'�.er r#fa,th.the m.s�l r;:, � . ,,. ,�..
<br /> Property desaibed as totlovrs: • '�<,'k` •�.
<br /> � LOT iW0 HUNDREO SIXTEEN t216), WE�TLAWN ADDITION TO THE CI7'� ",,���:;`..-
<br /> � OF GRAND ISLAND, HALL �QIINTY, NEBRASKA. r-,. . ,-;�-
<br />_ . Togather with atl buildin�s,improvemenis.fodirres.sheets.alteys.Dassa9aways.easemenls.dghts.Frivile9es ar►d$P�urtenances • i'l �� -��j�
<br /> tocated thereon or in anywlse peAatning therew�aied the rents,issues and proflts.roversions and remalnders thereof,and such per- � `. .
<br /> sonal propedy t►�at is attached to the improverrtents�a as to oonstltute a fixWre,(nduding,but rtot limited er�.heating and cool�ng equ�� r6�.-i•__
<br /> ment;and together wiU►U►e homestead or rttarital i.�mr��.if any.whtch interesb are hereby released a��`•��=�►ed:all of whtrfi,includ- '�: i�
<br /> ' ing replacements an�additFans thereto.Is hercf�C��r�i:A be a part of tha real esfate secured by tS�e Ir-�af this Qeed o}Tnist and ..��
<br /> � af10!the toregodng being reforred to herein as�Sr:'1v?r�.em�'. -
<br /> Th�s Oeed o1 Trust shall sscure(a)the paym�t�i ti'+e i'.r�P�sum and interest evidec,ced by a promissory note c�r sxed�d a9�ee� ,, ,,�r`
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<br /> ment d3ted IANLIARY 13ZH� �Qg� -havtng a maturity date afi ��Nf�ARY �9TW �.,y,o ��_• a .
<br /> �.�.�IY:�=�:"
<br /> ,. . (n the odgtnal pdna�}amount of��[s„��s�..o� .and any and all madiftcul+nrr5„extenstons and rene�rr�i _- - -
<br /> t h e r e o f or thereto�:Ct an y and al1 tu4�re advan�s'�d readvances to 6orrower(or any of them i1 macr�1ir�rr s�'�)herevnder pursu�+E _�,;:
<br /> to one Q�more promissory notes or credit agreements(he�sin calted'Note�;(b�t he payme n t o f o t h e r�r�rn s a c�a.�a�b Y L s n��tss �"''�� -
<br /> pro t e C t L'�e s e t x id t y ot the Note;(c)the pertartnance of all cevarta�s and agreements of Trustor set torth hECtiin;ar�(d)•s!D Oresent and �•��--
<br /> �`:"`� . ':�,.�:s�'-
<br /> tuture indebtedaess at►d obli9ations of BorrowQf(ar�.�y of th�s*.s rt more than one)to Lender whether dlrect.ir•Cirect.�'•�ar���' __,_
<br /> • geat and whe:![er astsing by note.9uaranty.o�caf�Arl�9r otherwlse.Th�Note.thts Daed o1 Trust and eny fscsct r3.3:1 oU�er documerrts that
<br /> ° aecure the No2e cs othemise executed in connr•.d*:r�n therewith,inctuding wiU►out IimlteUon guarantaars. �ECUdty a9reements and __ •,��y
<br />. � asslgnmenta of teases and rents,shall be reter,c��+ra 7:ereln as the'Loan Instrument�'. �";�'
<br /> • TrusWr covenants and agrec�r�:th Lender as initows: ,:,�,..��„
<br /> • '' 1. Paymern ot Indebtedrt¢�rs.P�:1 indebtedness secured t:oreby shall be paid wt►en due. :
<br />' ,.,�" 2 Tltls.Tnt�t�t is the owner of the ProDe1'Y,has the rigt�t and authority to comoy the Property.ene!warrants Utai the tien creat- '�� ��+�^
<br /> �;�;�r ed hereby is a fhof.a:�d prlor lien on the Propetty,exceDl to�liens and encumbrances set forth by TnisOee in writing and defivered to .:_;�`R{._
<br /> �':;;h: Lender befota�xr�ra::5on of Ws Qeed of Trust,�nd the execWon and def.wary of thls Deod of Trust does�ot violate any oonVact or � �,Y,,:
<br /> •�"•°c: other oi�ligattass tr��fnicb Trustor is subject.
<br />. 3.pa;r�,Ass�ssments.To pay before delirtquen�y atl taxes.special assessments and all other chatgss ag�lcst the Ptoperty
<br /> `..'i,' no'rrsr•'r:c�,�i�elevied.
<br /> �;,, 4.`n��a�s+c�To keep ths Property insured againsl ciamage by flre.hazafds induded Eyithln the term'extended caverage'.and . : :._
<br /> � ° such hazards as Lendar may requlre.in amounb and with companies aocepteWe to Lender.naming Lortder as an addUonal nam2d ;,�;_��,�_-.z-.
<br /> insured,vritb toss payable to tha Lender. In case of toss under sucb poticies,the Lender is suthorized to adUist,oo�tect anaf compro- . � _..
<br /> '. mise.all daims thereunder and shall have the op�on ot appfylrrg all or part of the insurance proceeds l�to anY�����r� - • ,
<br />� hereby and In such order as Lender may detertnlne.(G)to the Tmstor to be used for the repatr or restoratian of fhe Properiy or pii)for ,_�,;w=�,:�•,,,�,.,
<br /> any other purpos ent ever taok Slace.My appdicattans�of proceeds to indebiedn�ess shall noi extend o�pos�one the due date of any �• :� . . ,
<br /> Detore suCb paym P � :.,.�,.--,�;.;,,�,_
<br /> payments under the Note.or c�re any defauft thereunder or hereun dar. � =+=•� �r .� _
<br /> 5.Eser�w.Upon written demand by Lender.Trustee shall pay to Lender,in such manner es Lender maY designate,su(ticient ;,.�.,�,�.,.,�. ..
<br /> �� sums to enabte Lender to pay as they become due one or more of the foltowing:(i)all taues,assessments end othor charges against . �
<br /> ' • the property,(ii)the premiums on the propeRy insurance requlred hereunder,pii)the premiums on any moRgaga insurance requlred by __ _.
<br /> Lender. � Conditiun and repair,shall
<br /> 6. Malntenancs.Repalts and C�mpllanco wltb Lawa.Trustor shall keep the Property n good . � -
<br /> • promptfy repair.or repiac:e any improvemerrt efilch may bs damaged or destroyed:sna�l not comr+nit or permit any wastc�or detertora- .. ... . .
<br /> tion oi the Property:sha11 rrot remove,demotisb or substantially alter any ot the improvements on the Property:sha�no1 commit,sutter
<br /> or permit any r�ct to be done in or upon the Properly in viola6on of any lav+.ordinance,or regulatian:and shali pay and prompUy dis- ,
<br /> charge at Trusto►'s oost and expense all Iiens,encvimbrances and charges levied,imposed or aa:esssd agalnsi the PropeAy or any . • -
<br /> � .• part thereo}. ..
<br /> �--_-= 7.�min�r�i��.-..Zs:'.d%r�^,!"'.,.s��Y esscr°d e!!r�rt'!�ens�ti°^� awards.damages and other payments or relief(hsreinafter • .
<br /> :� recxsrnu+�o�,�orm�a.a� _. . . � � •
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<br /> p,�cor7.�muem+a camrc.f�rarosr,.q�ws+me�n u+om.ruur••
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