|
;,{' . . .. . 4 ... ;. 4 ' " `d :4 . . ` ` ' ' _
<br /> . .. ���A�� .. i.�_:.�.---�V -.. C�..�'-�.,.._ ...__�._-t-,—�._..___�_ . __._.y.--� ... . L "z.'
<br /> ' �-'��' t � � CO C� tA � "` ( _ �_.
<br /> t9 h �'> � Q � C D � ; - �.. ___-
<br /> ��� �� ? ., _ � � 6 L z -� �.-74 . � �:�'
<br /> � � �, �,� .:. � � i � � � z � T i' . _ . ___
<br /> .;��J� r' 1 _ A - .. , . . �..
<br /> ,�` ` :� , � o � `y -
<br /> _ � � � � (� _ � � �,�'; ' . . }�
<br /> �;� � � :r w o 0 �. _
<br /> r*t r � • o'
<br /> 'T� C 3 r A � �� .
<br /> � � \ � �� 0 "n � � ' � • ,.( .` ` .�.;.,
<br /> .. . ` ��, G �. � � � � : . � :: : :, . _:":� � -
<br /> � �� � __�_ - - _ �.- -
<br /> �t � � . . . . , ��
<br /> � \ DEED OF TRUST WITH FUTURE AD1lANC�S �; �;. ,'.',:-
<br /> i�,�1: -_.:>:a
<br /> Jan. .19 97 .by etid 8m0it�, =r: ...::.. ;. _�..
<br /> THIS OEED OF TRUST,ts made as oi th� 10th day of j- �-;«��.:.:�_��-
<br /> �+x.'�.•=-- ,
<br />. G ;7�-•�_
<br />' theTrustor, Alan L NcComb 8 Betty Jo KcCo�b , husband and vife � , '4 -.�,��_�_
<br /> '� Grand island tiE 68801 \o �-�-�'°�"'�"` -
<br /> •` 116 q 6th St herein°Trusto�',whether one or more). -• ,.` �
<br /> wtiose mail[ng address is � ���r- --�
<br /> �.� : �,; tP--- -
<br /> �.�.-
<br /> Five Poin e Benk a Heb a a Cor oration %`��'f�, � "
<br /> ., the Tru&te8 --
<br /> `'��;�t P.0. Box 1507 tiraad Island. HE 688fl2 (herain'Trustee�.and ��:�;?; •��',,, �
<br /> �,�,,�,4�,�n,,,._,._�,
<br /> `}., whose msiUng eddress is ;, . ..� �•. J:� n,r_:
<br />_'�,�; ihe Beneflciary, Five Pointa Bank ,� .�,;�
<br />`'"`�' 2015 H. Broadvell Grand Island. NE. 68802-1587 : �: '�'"''�` ���
<br /> ���' whose maiting address is (her�in"L.ende�• ,, . _ �, r;.��
<br /> y�..
<br /> ?�• Alan L HcCo�eb '-''-�
<br /> :�',"��,.'r �,_>L,�.. ..���
<br /> FOH VAI.UABl.E CONSIDERATION,Inctudtn�Lenders extenston ot credit identifled heretn to ,y.��- �" -
<br />:�.'� ' � ' �—
<br /> �- (herein'Bo�rower,°vrhether one or mora)and the trust herein aeated.lhe reoeiP; : • '` :-j,••..:
<br /> ot which is hareby ado►owledged.Tnistor hereby irrevocably gra�ts.uens[ers.canveys and assigns to Trustee�IN TRUST,WiTH ��:,..,,. . . •,•`�'� �,.
<br /> POWER OF SALE.for the bsneSt and secudty ot Lender.under and subJect to the terms and cond[tIons heretnatter set foM.the real "j: •.� . ,i�"'.,.. �;;_
<br /> � .<< ._._:,�_;
<br /> (b) �1 a.t,.Y,`'k.._::;�.y:
<br /> pro�j„���x ,tO� ock Seve�a l7), Original 7'ovn of Grand Island, Hall Conaty, � :� ,�_�,� �.� ,, . � ,
<br /> Hebsaeka. �,,�, ����.;i`':j. °
<br /> u`F". ;�. .'r�.
<br /> ����i.
<br /> . . ewa easements,ri9hb.P�IYi�89e8 a�appuR811SRC68 i't. . ��:�
<br /> Togethet with all huildings.improvements,fixtures,streeis.alteys.P�S 1►�� ;_ „y. :-� ;�;
<br /> � l o c a t ed therecn o:In an y w tse pertainin�g tta�reto.and the�entg,issues and profits.reversians and remainders thereof,and such Per- � ��y.� �.,, .; .:
<br /> sonal property that is attached to the impravomenta so as to con s t i t u t e a f i x t u r e,i n c i u d i n g,b u t n o t l i m i t e d t o,h e a t i n g a n d o o olin g e qui p� � 3;�s�w;�; : ;'
<br /> men�and together with 1t►e homestead qr marftal interests.i f any,w h ic h in te r e s t s a re h e r e b y re l e a s e d and waive�a1!ot wfitch,fnciud- —��� •j��r ��
<br /> ing reptacements ar►u additions inticeiv,i�iniii�,y Geciar":�ta�a a�.s��!'-'�•°�`-'�'Afp secured b�the lien o!ths Deed o!Tn�st and � -
<br /> +�Fn : 1..��. }. . -._r—.,.-.
<br /> ' aii of the toregoing being referted to he�+afn as the°PropeRy'. -
<br /> Thts 08ed of Trust shall sscure(a)the payment of the prtncipal sum and interest evidenoed by a promissory note or credit agre� =;�;a;..�.:��..
<br /> ment dat�d ,havfng a rtsaturity date ot '� "����'�;^.
<br /> ��.'
<br /> - in the ortginat pdncipal emount of 3 7 123 78 ,and any and ali modiftcatlons.extensions and renewats -----_-_-.�?:
<br /> thereof or the�eto and any a�d all tuture aCvances and readvances to Borrower(or any of tfiem ff rnore than one)he�eunder pursuant �+
<br /> to one or more promissory notes or credic agreements(herein called"Note�:(b)the paymenl of other sums advanoed bY Lender to ��
<br /> � ..,,.. .._� .`:
<br /> + protect the secu�ity o!the Nota:�a)Ne pertom►ance°1 all covenants and agreements ot Tn�stw set forth herein;ar�f(�ell present and -. .
<br />-���. future indebtedness and obNga'raons of Bos�s�uer(or eny of them if more than one)to Lender whether direct,indlrect.absotute or cxnffn- -��;
<br /> ��r,,:
<br />;.},l,;,=, gent and whether adsing by note,guar2rtEy.�.Nefdtaft o�othem138-Th9(JOt9,this Oeed oi Trust and arry and ell o1Rer documer,t� �'nat
<br />- secure the Note or otherwise executed in connecUon therewith, inciuding without IimitaUon guarantees.�ecuriry agreements and
<br /> , assignments o1 feases and ne�.shall ba reierrad to herein as the°Loan tnsuuments'. .v: ___,
<br /> ' Trustor covenar+ts ar�d agtees with Lender as follaws: , -; '�:'�—',•==-'
<br />�'�� . 1, payment of tnde�.e�rtomt�.A!1 c;�4ebtedness secured hereby shall be paid r�;en due. - . ._�
<br />,`;� :. 2. 7'iita Trustor is tha owner o?th�t�roperty,has the dght and authortry to convey the Property,end wartaats that the Ilen creat- � �`— •.��,_ _
<br />, � ed hereby is a flrst and pdor lien on the PropeRy,excep t for l ie n s 2 r r c e e.�cumb►ances set forth by Trustor ln vr�8ng and�fivesed to — —�� �
<br /> Lender betore execution at this Deed of TrusL and the exeauUon anC:zl:very of this Deed of Trust doea not viotate eny oon7act or �•y [ •.
<br /> . oUier obltpaUon to whtcb Tntstor ia sub�eCt. ' +. r `
<br /> `` ;' 3.Taxo�,As�ssmer�ta.To pay before delirt��m�cy atl taxes.s�eclaf as=.�.�"r'menb and ail oUrer charges against the PropeRy - . -- ,•
<br />;;;,,•': .
<br /> °�, � now or hereafter levied. """'''. "'."
<br />:'i;,`: 4.Insunr�.To keep the RropeKy�svred agalnst damage r�,��tr.�,,hazards included within the term'extended coverape'.end '�k���._
<br />;�-'�� � sucN ha7ar�i a�Lertder may require,dm m�2o�nts ensf with compa:�u:rs aa�tabie to Lender�naming S.ender es en additlonal named •l''., .' .
<br /> insured,wifh Ioss payabto to the lArtder.Er�case af tass under sucn Gal?cies,the Lender Is authorized to adjust,coltect and compro- ___
<br /> ' mise,al!ctaims thereundor and shall have the opt�oz ai a�pptylnc�ai ur part o!the insurance proceeds(iI to ar►Y�r.debfedness secured : -
<br /> • hereby and In such oMor tts l.endar mzy determirte.7e)►n the Trustor to be used fcr the repair or restoration aY tis$PropeRy or pii)tor �Y
<br /> • any other putpose or objeet saUs(actory t�6ender wrtiicut afle�:��t tho Uen of this Oeed ot Tn�st for the fult on:�,7�t secured N.ereby , ',-. L
<br />.„. . 6etore such payment ever took plaoe.P,ery aGP►icaUons of proceeda �n tnQebtedness shall not extsnd or postpone the due C�b1 any �.,�„��,; �,�,.Y�,
<br /> .i�.-��-�r�•�;i�.
<br />� .. payments under the Note,or cure any d6:ault thereunder or hereunati�. . ,:�.;.- .
<br /> 5.Escrow.Upon writien demand by Lentter.Trustee shall pay to Lender,in such manner as Lender rtiay designate.suffictent . . .` Y��.j�. _
<br /> sums W enable Lender to pay as thoY become due one or more of the following:(i)all texes,assessmenLS and other cfiarges agafnst .N.,�.;�.�..,.;.
<br /> the PropeRy.(ii)the premiums an the property insurance required hereunder,pii)the premiums an any moRgage insurance required by -�Y<�°, ' _ _'
<br /> Lender. � • �
<br /> � 6.IAalotenence,Repalrs and Compllance wlth Laws.Trustor shall keep the Property in good conditian end repalr, shall :_. :._, ._
<br /> prompUy repalr,or replace anY improvement whlch may be damagad or dostroyed:shall not commit or permit eny wasts or deteflora- -- •
<br /> tion ot ffie Properiy;shall not remove,demolish or suDstantialty alter any o1 the improvaments on the PropeRy:shall nof commit,suffer �-�-•.�.,.-�-•- _
<br /> or pertnit any act to be done in or upon the Proparty in vio�ation o}any law,ordinanoe,or regutatlon;and shalt pay and prompUy dis- �
<br /> charge at TrusioPs cost and expense all tiens.encumbrances and charges levled,imposed or accessed against the Prop$rty or any . . �, ,
<br /> _.,,�� p8A theteot. =�
<br /> 7. Emfnent Domsln.Lender is hereby ass�gned ali compsnsaiiun,ewards,dassa�sa.:t�otMr Fa3:•"•ents or►elie!{hereinafter �_ . _ ___ __ .
<br /> - --
<br /> . ,• �.
<br /> � rec xr a+o�ome�a o..w a.,ws . . - ..
<br /> - Otacew�mti�i�aacor•.r�r�e,eSm�+C��mon.ucmtnWntie a; � � , ,
<br /> . .
<br /> '. .�-.--"---.--:.-'-�^s.^-'^^"�,....--•-----!^—"_____•.. . . - ' •. .. _ : ' '". .. . .
<br /> -„"'__" .__ . . � . . - . .. ,.
<br /> . . . ...�..�... ..�...._.__.. _. . � .. ' • ,
<br />- ;{ :.�� _ Y�; " _ • ' ' -�^^ - ' _ • + '
<br /> , i�. ��i7�Y�l��.�I i. � ... . . . .,�.'� .. , - , _ .� .. . � . • �� r,,- _ .' .. _ . . . � . . . _. _ ..�
<br />
|