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<br /> ' Deed of Trus� = �
<br /> ' �BANKS ,•\�`
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<br /> r TN1S DEED Of TRUST ls mede thls Idatel ^�-��-�QQA ,6y end between �
<br /> { nharl raa R_ 7.on�wak�.
<br /> � � whethor one oi more, fherolnsfter callsd tde
<br /> , �
<br /> . •°t 'Trustoi'1,whosa mallJny add�ess is
<br /> . � �^" ^ �Oth Orand ioland NP: 68801 '
<br /> i „_�,_ie, saa,,,,�„}�o fherelneler celled the Trustee l, whos�ma11/nD
<br /> NotwB9t �sanic iven=ae�i�n ,end
<br /> y � addiessls202 WA9t Third 3treet arwnd Ieland� NE 68 O1 _ -
<br /> ._�__..�... ,,,..4+....si nea„�i at;on ,lheieinalte�celled the'Beneficlsry'1,whas�
<br /> ` � maldngaddressls^^� •°^^� '^'���a �treet [trand I�land��' 6880�
<br /> '�� WITNESSE7H:
<br /> 1 /F THIS BOX lS CNECKED�THIS DEEO OF TRUST CONST/7UTES A CONS7RUCTION SECURITY AQREEMENT UNDER 7HLC NEBRASKA
<br /> � j CONSTRUCTION LIEN ACT AM1►0 CREATfS,ORANTS AND CONSTITU7ES A CONSTRUCTION SECURITY INTEREST/N 7HE PROPERTY
<br /> DESCRlBfD HERE/N BELOW.
<br /> _.�.
<br /> � WHEREAS, Tiustoi is lndebted to Beneticlery in the principel sum o/
<br /> � N ne X Thoueand and 0
<br /> Dollars/9 $Q,A 000.00 l,whlch lndebtedness Js ev/denced by Tiustvr's p�omissory note dated �-��-�9Q8
<br /> fherelnalter ca!/ed the'Note'1,payable to the oider ol f3eneflc/ary end havinp a mstwlty of 07 31-1998
<br /> , NOW, THEREfORf,/or tha purpose o/securingt
<br /> fe/payment a/the Note,logether wlth lnterest thereon,/ato charges,prepeyment pena/tles,eny futwe advences,end al/exlenslons, �_
<br /> � modiflcallons,substltuHons and renewals hereof,
<br /> :�_ (b/payinent of ell othar sums,lees o�charyes,together wlth lnte�est the►eon,advanced to protect the secudty ot thls Oeed of Tiust�nd =�_
<br /> �: the per/ormance al lhe covenants end agieements o/Tiusror, whether or nat set foith heiein, --
<br /> fc1 perfonnance,dlscha�ge ol and comp!lance with every term,covenant,ob/igatlon and ayreemnnt ol Tiustor contalned hereln or �
<br /> � � Incorporoted by re%►enca or eny other securlty lnstiument at anytime given to secure the Note,end
<br /> >' Id/the repayment o/e!/other sums or future advances,with lnteiest thereon,whlch may�eretofare have been or hereafte►be edvsnced by
<br /> Beneflclary to Tiustor or Tiustor's successor In lnterest or NNe,
<br /> a!l o/which la herelnafter collectively called the 'lndebtedness", Tiustorinevocably yrants and bansle�s to Tiustee,In bust W/TH POWER OF
<br /> SALE, the fa/lowing descNbod property:
<br /> �` Lot Two (2), Lonoweki Subdiviaion, Hall County, Nebraeka. _
<br /> � = --
<br /> . � R:`="
<br /> � � -r°°-
<br /> togethe�wJth f11 eN bu/fdings structures,addition.s,enlargements,modilicetions,repeirs,rep/acements,end lmprovements now or hereeft�r
<br /> /oceted fhereon, f��l olf equipment,mor.hlnery end/ixturfns(lndudlnp, without/imitetlon,el!/1gAHng,heetiny, ventf/etlnp,cooNny,a!r condJHon/ny, e.J
<br /> � sprink/ing and p/umbing fixtuies,wetei end power systems,englnes, bollers,renges,ovens dishweshers,mlrrors erld mante/s,ceipetlnp, —�
<br /> fumacea,oil bumers,e%vators end enotors,iefiigeration plants o�units,communlcafion systems, dynomos, trons/oimers,eleetricel equlpment, � =-_-
<br /> srorm end screen windaws,doois,awninps end shedes)now or hereel�er etteched to, or built in, eny bullding improvement or improvement ��L���.t:.
<br /> now or heroa/ter loceted theieon,l�iil�H easamenta end iights of wey appurtonant thereto, (ivl a//leasehold estete,dght,flNe snd lntersst oI '�'`�=�"
<br /> Tiustor!n and to el//eases,whothnr now o�hereo/ler vxistln or entorod lnto linc/udin wlthout/Gnitatlon,oll cesh end socudty depas/ts, �":�'
<br /> edvance rentals and deposits or payments of a slmller naturol,pertnlning the►eto,Ivl e�rents,issues,prolits and lncome thorefiom(sub/ect fo �'�"�r'�`
<br /> the rlght of Trustor to collect end nppl y such ronts,issuos,prot/ts and incomo es they bocome dae end payable so lang es no evnnt o/defeult �u,•
<br /> exists horeunderJ,fv/1 a!l ioyelties,minore%oif ond gas iights and protils, water,watei iiyhts,end water stock,lvli!alf tenements, ... �
<br /> hereditements,privJleges and uppurtenonces be%nging,used or enjoyed in connection thervwdh, end(vlii)e!I piocesds o/convorslon,voluntery
<br /> or involuntery,ol eny o/tho/orogoing info cash or liquidered c%ims fincluding,without limitefion,proceeds ol insurence end condemnallon I
<br /> ewordsl,e/!ot which!s horeinoJtnr co/%ctively ca/led the'Tiust Proporty'.
<br /> TO PRO*ECT THE SECURlTY OF THlS DfFO OF TRUST, TRl/STOR COVf.NANTS AND AGREES AS FOLLOWS: I
<br /> 1. T/t/�.Tiustor covenents,wanants and ngrses with Bnno/iciory its successors and assigns,fhat Tiusto�owns the Trust Property frse/iom any
<br /> prior/ien o�encumbrence,that this Doed of Tiust is and wi//romain e ve/id end en/orceab/e lirst/ian on the Tiust Property that Tiustor,et Its
<br /> oxponse,will prnservo such title end will meintein fhis Deed of Trust es e lirst end pa�emountlion upon the Tiust Property end wlll forever
<br /> wanant end deJend tho ve/idity end priority o/lho lien hereo/egoinst the c/elms ul a!/persons end parties whomsoevor. Tiustor, et its expense,
<br /> will couse this Dend ol Trust,end noch omendment or supplement h oroto,to be/iled ond recorded es a mortpage o/the Tiust Proporry!n such
<br /> mnnna.wnd rn ae�rh dncn nnd wi/I faka.cuch nctinn ns in the ooinion o/Tiustoo mov be rovuirod bY eny present or luture/aw in order to peifect,
<br /> � maintain end proroct the/ion of this Deod of Trust,os tho sem9 may 6o amnnded or supp/ementad/rom time ta timo. Trustor wl//meko such �
<br /> lurthoi ossurenco o�ossuioncos ro porfoct ds t�tln to the Trust Prope�ry es moy be roquirod bY�one/iciary Tiustor hereb y relinqvishos o!f ilght of
<br /> � dower and homestood in ond to the Trusf Propnrty.
<br /> � 2.P�ym�nt ol/ndebadn�s. Trusto�shell punctuel/y puy fhe princ�po/o!ond intorost on fhv Indob todness sorured heieby.
<br /> � , 3.Conttructkn o1 Jmprov�m�ntt. Trustor shnll comploto m good und workmnnliko mannor vnYGuddings,improvemonts or ropairs roleting
<br /> thorvto which mny ba bogun on the Trust Propo�ty or confvmp/vtod hy rhe lonn nv,donced by fho Nofo socurod/�ereby, to pey when duo oll
<br /> costs nnd liob�lities incurrod thereforo, and not ro permit any construcfion lion agmnst such Trust Property. /n the event conshuction o/ I
<br /> Gwldings.�mprovements ar repa�rs aro contempletad, Tiustoi olso o�roo.unythmg m th�s Ooed ol T�ust to tho controry notwithsfonding;IeJ ta i
<br /> promptly commonce ony such wn�k end fo competo the proposed imp�ov�mnnfs promp�ly, !61 ro comploto tho sema in aceordnnce with tho I
<br /> pli�ns ond spocilicnhons ns upprovod b y Bonohciery. /c!fo comply wrlh al1 the terms of u bu�Idu+A lonn r�groemAnt,il any,botwoon Tiusfoi and i
<br /> 8ono/rcwry,fhn tnrms ol wh�ch ara inr,orpo�nfnd hniarn by rolnioncn und mr�do u part hernol,IdJ to allow Benaliciury b mspect tho Trust
<br /> propoiry ut nll Nmes dunng conshuchon,nnd le!ro ropleco any work or mc+forrels unsnhsh�cfory to 8oneliciory with�n liftnen 115)days a/tei �
<br /> written nohco/ram 8anol�cimy o!such lnr.t I
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