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<br /> DEE� OF TR9lST WiTH FUTtdRE ADY�PIC� _ .
<br /> " THIS DEEO OF TRUST,�s made as of tt�e�Sh--day oi Januar'v ,1g 97 by and amorf8 ' • , � ��- `_
<br /> the Trustor. I nn 1 I��kpc R �rshnra C I{ikpc. ti•��h�^r1 anri wi fa � �..� ,�
<br /> o ��I- �
<br /> �� 1709 W Louise St Grand Island, NE 6880 \ � . '=° --='
<br /> whase mailing address is �li��'Trustor,"whsther one or more). C- ., _ . _
<br /> � �e T��, Fi v Pni ntc Sank. a NPbraska Corporati ort - • . � �� °�-• ,
<br /> P 0 Box 1507 Grand Island, NE 68802-1507 (herein"TruStBD�.and - r~�""'sss'�°°._-,
<br /> whose mailing address is •.��.� ,-
<br /> the Beneflciary. Fi ve Poi ntc Bank a Nebraska Corpora i on . � ' _ -
<br /> _ whose mailirtg atfdra9s is p n RnY 1�f17� C rand T cl and, NF 688(19-1507 (hefeln"LQnd6�. _.,�:__� •�-.w'��
<br /> ... �-�`='�.:1:-
<br /> . . �7 . .
<br /> FOH VALUABLE CONSIOERATIUN,inctuding Lender's extension of credit identified hereln to LE'^ ��"k°.�-8+ - � j.� ,,��;,
<br /> �'�'s,.
<br /> Debo►^8 C. LukeS �fierein••BoROwer',whether one or more)and the truat heretn created, � '` .�-'--'-
<br /> � �_-
<br /> the receipt of which is hereby acknowledgcd Trustor hereby irrevocably grants,tranaters, conveys and assigns to Trostee,IN ��s . .�: «:
<br /> � YRUST,W1TH POWER OF SALE,for the ben�t and security of Lender,under end subjectto the term3�rd condltlons hereinafter eet ;,:,�_,. .,_�, . -
<br /> foAh.tAe real proparty.described as tollowa � . �� . '' � ••�,�
<br /> FRACTIONAL LOT TWO, IN FRACTIONAL BLOCK TNIRTY FOUR, IN CtiARI�S WASMER'S �� �
<br /> � � TIdU IN FRACTIOMAL BLOCK '" ::"'< ,�'
<br /> • ADDITION AND IT S COMPLEMEN7, TO-WIT:FRACTIONAL LOT , ,.h, ;�,., :____
<br /> • 7HIRTY FOUR, IN CHARLES b��SMER'S SECOND AQDITION, BOTH BEItdG �Q�ITIONS TO THE .:,„;.-�. •,..:��, ,�.-
<br /> n R' ' COUNTY NEBRASKA �'�� '
<br />� - CIT� ..F GRAND ISLANO, Hn�� . �� :
<br /> Together w;th all buitdings,improvemea�.fGctures,sVee2s,aiteys,passagevrays,easements,rir�s�,ptivileges and aRpu�it�- . ti i �
<br /> rtan�located thereon or in enywise pertaining there:o,and the rents,issues and profits,reversions ar,d rerrtairtdaa3 El�ereol,a�� _ �i
<br />� such pe�sonal properly that is�ched to the impra.�-�nis so as to constitute a flxture,includirtg,but r.ot limitac�t�,Ceattn ar.r3 '' ,. �`
<br /> � ..-"�' • �z :'��.°-
<br /> _ .. caoting e�uipmenfi and togetR2�with tfie homestead c:�3rital interests,if any,which interests are hareby rete�+�s�waivsd:al! !i
<br /> of which,inciuding repla+�ements and addi���s tfiereto,is hereby declared to be a part of the real estate secured��}�:e lien of t€�ts :
<br /> :� r�terred to herein as ths"Prope ' . ��';°,.�.
<br /> Deed ot Trust and all of the toregoing be 3 � nY •
<br /> a�=
<br /> -���`a'r''��"L
<br /> -_-= rn���O!Tn19!°tl811�!'�'r9�A)tha nayment e1 th9 nrinr.ipA�8Um A�d i�tA►8St BVtdBnCC3d by 8 proR11S90ly t10t9 Of Cf6d$ _ _ -
<br /> . -r ,.•y�-=-_
<br /> • ayreement dateQ �aer�6r�9°ta ,having a maturity date of..�;�.�ua1^�jt-15, 2002 . ' � '�����
<br /> �- �,.
<br /> � 4P� 11 �:.,�:��_�_.—..
<br /> . in the ortginal prMcipal amount of$�1., ,and any and all modificaffartQ extert3fa�s anA renewat9 ___
<br /> : ,. thereof or thereto an�any and a0 tuture a�aunces and readvances to BoROwer(or any o}ther�d•�sro thLn¢ns)hereunde► _ - - _ = _-
<br /> • pursuant to one or more promissory notes or eredit egreaments(herein called"Note"►:(�)the paymten'i o?afher swns3 advanced by _ _ T�it_
<br /> � L.�r:der to protect the security of the Note;�{c)Yhe peAom::.�ce of aii covenants and agreeicr�nb of Truator aet farth h�r.�and(�a0 !.�_
<br />- • �r�ent and tuture indebtedrt�sa and o6ligaUons of Barr��r�r(or any of them if moro qs:,is�ne)to Lender whet}tar rflrt�cL indirec� �;-���::aw_
<br /> absulute or conUngent end�:ather artain�trd note,puaranty.overdrat4 or otherwise.TI*r�Noi9,this Deed ai Tcu�t w�arty anA atl 7-
<br /> other docuentsthat secure tfia Note or othvr.�•se execu�ed in connectlon therewith,including withaut I[mi�Bon guu�:tiaes,aecurlry �x �+rn�a-.�;'
<br /> ,;��;. ag�eements and essignmenis of leasea ec�c!rents,shall be referreQ to herein as the"Loan Docunscmrs". ,.
<br /> �° Trustor covenants and e�ees with Ler,der as foitows: -_ — = =--
<br /> 1.Paymint ol lnd�bt��s.All inCebtedness secured hereby shall be paid when dve. -
<br /> `—"� -
<br /> 2.TNt�.T►ustor is 4he owner of the Property,has the dght and authodry to can�scs�the ProS�y,and watt�r+te thet tne Uen r,-
<br /> created hereby ie e flrst and prior lien on the Property,except for Ilens and encumbran�ces set`�r�h by Trustor in writing and .
<br /> deiivered to��er before execution o1 Lh'ss Deed o1 Trust and the executlon and deilvery ot thla Orsari mf Trust does not viotato am ����';,:��?�y•�,
<br /> ' contract or cii.��obNgeUon to which Trus°�T+s s�b�ecc � ��``� +t��:�;� r�,
<br /> 3.Tau�s.��m�nb.To pay before deUnquency ail texes,speciaf assessmenb end all oih�+r et,3rges egatnst the Prope,c�r ,'-�' •.�"��;{ . �
<br /> rtow or hereefter tevied. � •
<br /> 4.haannc�.To keep the Property insured against d.3rr.age by flre,hazarda tncl���withinthe term"excendo�c�CVersse".and .,, • , . .__
<br /> such other haz8nls ae Lendar may require,in amounis and with compar_:ss accep�'�4o Lender.nsming Lender ae an addiUonef . ,�..._. . . _
<br /> named tnsured,with loss payabie to the Lender.ln case o}loss under;us7►poticies,�e tendet Is augsotized to adjutt CoileCt and � '.• " ,;�;',_ �"
<br /> eompromise,sil ctalma thereunder and shs11 have the option o!epptying 2'1 or part of ihe insurance�►cteeda(�to eny indebtednes� �;;;..�;;�-�.�,:.1,-;,-
<br /> secu�ed horeby and in such order as Len�er may determine,pi)to the Trustor to be used far the re�ir or restoraUOn ofthe PropeRy _ ,_, :-�;}..����,;t�,.. _
<br /> or pii)for any other purpose or object satistactory to Lender without aHecting the uen cf th:9 Deed at Trust forthe full emount secuted 1� ,�.,���'`. `
<br /> horeby betore such paymer+t evor took ptace.Any applicaUon ot proceeds to indete��n�sa shatl Rot extend or pos�one ths due � _- _
<br /> date ot any payments under the Note,or cure eny defauit thareunder or hereund�r. �' �"''��� ��
<br /> 5. Etcra�t.llpon�vritten demand by Lender,Trustor shali pay to Lender,in auch manner sa Lender mt►y deaignate,autftctent
<br /> sumsto ena�*,s lender to pay as they b°came olue ono or more of the tofiovdng:(i)eil taxes,assosr3rrt�nffi and o4her charges agRloest
<br /> ` tha Propefi�.Q+)the premiums on the pro�rty Insurance required hereynder,and pii)the premiucs:a on eny moA�ape ineuranos --__ —
<br /> required by Lender. , � . .
<br /> � 8. �I�Int�nane�,RtpPJaa and Co�a9lanes wttP� Law�.Trustor shall keep the Property in good conditlon and repair.efiell . .
<br /> promptiy repalr, or roplaco E.y improv�rnent vihich may be damaged or destroyed;shall not Commit or permit any we�te or .
<br /> deterloraUon�f the Property;shail not re�ove,demolish or su4stan8aity altor any ot the improvament�on tho Property,ahall not
<br /> commit ssdt�r or petmit any act to be doc��:n or upon the Property in viofation o!any law,ordinance,or regutatton;and ahatl payand
<br /> promptiy dlscharge et Trustora cost and expense atl iiens,encumbrartces and chargas levfed,imgosed or aasessed asaln8t the � �
<br /> Property or any part thereoL . . . .
<br /> _ � � � '.�.
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