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<br /> � �' DEED OF TRUST WITH FUTIJRE ADVANCES ' ~.' �'_
<br /> -- �� ��
<br /> < • � . -
<br /> ,19 9? .by snd amon S . --`�i>f� =-
<br /> THlS DEED OF TI2USY,is made as of the 28th daY of. Janu�rv , � '� 'r` �
<br /> � . _ �-�:�.�'
<br /> ,� the Trustor. � _ "s`a�
<br /> .�,�u, :a.. e. :
<br /> whose mailiog address is ° ^ Sox 5500 G n Islan Nebraska 668QQe+5�nismr.whether one or more}. :',�Y.,, ----- °
<br /> :�-. .
<br /> � . •�'•'r.: ,.:�'_. ;
<br /> . . me Tn,stee Five Points �ank, a Nebraska Corporation �
<br /> �_. $�:
<br /> .����,' � 1sl nd Nebras6ca 688d2-1507 (herein?rustea�.end ; '. —
<br /> '<;i�,�, whose mailing addrass is P 0. Box 15 7 Gr'a d _ _ . -''-
<br /> ,� ,...
<br /> ' � F3ve Poin4s Bank �
<br /> the BeneRciary. .._---n`'�'�"'..'�' , �
<br /> .- (herein'Lende�. � ..,,. „,
<br /> �enose rnaiiing address is .'"�.�'-`
<br /> ;;�:`.: ' '.�,+. , �;.
<br /> :.�,i4'• . FOR VALUA9LE CONSIDERATION,Induding Lendefs extension of credit identified herein 40 -,"
<br /> '���F Gardo D. B i brid e M.D• �r�'�' ;
<br /> i herein'8orrower,'whether one or more)and the trust herein aeated,tfie receipt " `'���'. �.-...
<br />::[{'�.}.: � :.,'i�:•;a
<br />-_ j+f.
<br />`��s:.: : �4�vhlch is hereby actc�rowtedged,Tnutor hereby irrevocably grants. transfers,convays and assigns to Trustee� !N TRU3T.WITH ,'. ::,�_ +z±`;�! '�—
<br />�',;,,�.,.•���• ��L�JER OF SALE,for ths benefit and securiry of Lender,under and subject to tfie terms and condi�ons hereirtafter set fa[th,the real �. ;.�• :, r }�-.
<br /> '�� .. :fy'b�
<br /> ' �:`•! propertydesaih�dasfollows: _'�Y , ,'�. �"
<br />��.r•��ti-. .,- �r4>�r.i,..r� _ - _.
<br /> %��•� See ��ttached "EXHl6l�' A." �,•,, ' ' '` ' � _-
<br /> ` .� j�.
<br /> dvil es a;�d a urtenances '���� � ;;� �
<br /> � Together with all buiid..,�s,improvements,fbctures,streets.altays,�assageways.ea�ements,rights,p eg PA �, ' . ___
<br /> � lacated thereon or in anyvulse perhaining ffiereto,and tfie rents,issues and profits,reverslons and remainders tl�f.and such per- ' � �,: r.=•:� '• ��.-
<br /> ;�%j�'•'�' sonaf property that is attached to the improvemen t s so as to c o n s t i t u t e a r m c d a re,i n c(u d i n g,b u t n o t l i m i t e d t o,h e a tin g and coatin g equip- �;. • �ti:��,;;;*�`�;:._-�_"
<br />;:�,%;•,; men�and tagether with the homestead or marital interests,ii any�whlch interest5 are hereby releasc-�f and waived;afl af which,includ- ` j.y, ,_�
<br /> �`=
<br /> � • (ng reptaoements and addiUons ther�to,is hereby dectared to be a part oi the real estate secured���`�s lien af this Oeed of Tn�st and �.:!��:�=°
<br /> �' • s11 of fhe toregoing being refe;rad to herefn as the`Propertyr'. � t' ` :
<br /> Thts Deed of Tnist sha:]sacure(a)the payment of the prindpal sum and interest evidenced by a promissory�ate or credit agree- v,��"' :.'t�-�'°
<br /> v
<br /> having a matur(ty date of y�J�_.�, �+�a9 `�--,..,_���;
<br /> ' ment dated - '
<br /> ,l "7�.
<br /> � fn the origir.a��indpal amount of$ 1 300 000.00 ,and any and a8 mod;fi�'�ons.extensions and renewais ;;•v;,,;,,,�.�..
<br /> thereot or thereto and any and ail future advances and readvances to B�ower(or any af them ii more than orne)hereunder pursuant T . _,
<br /> . to one or more promissoqs no`.es or credit agreements(hereln cafled'IVate�:(b)tl�paYment of other sums advanced by Lender to �, 4,a,^�„�,,,. - -
<br /> protect the securiry of the M��;(c)the pedormance of all covenants and agreemen�ai 7rustor set forth herein:and(0)ail present and n�_�,M:,;..,;k„�,,,�„r_.
<br /> •'� ,=_da.n:.�::: .
<br /> _;,.. tuture indebtedness and obligatlons ot Borrower(or any of them if more than one)to Lender whether direct,indirect.absolute or oontln- : . . �.
<br /> :f; .�.
<br /> , gent and whether arlsing by note,guaran:�,ove�draft or otherwlse.The Note,this Deed of Trust and a�y and atl other documents that ,�µ; .-�._„A ,
<br /> secure the Nate or otherwise executed in wnnecUon therewith,including wlthout IimitaUon guarantees,securiry agreaments and :�,,,, ;,�st�.r�• g ._
<br /> .; �,..-�„.. :�
<br /> � assignments of leases and rents,sha(I be referred to herein as the'Loan InsWments'. - '��•�r`��;. � �.�
<br /> Trustor covenants and agrees w(th Lender as fotlows: . . '� �
<br /> 1. Payment o!Indabtednesa.AII indebtedness secured hereby shatl be paid e.v�,�due. �.,.. �
<br /> 2. Titie.Trustor ts the owner of the Propeny,has the righ!and��:�"�ar.'���or.vey the PraRem,r.and war►anb that the 8en creat- ��#�
<br /> � ed hereby Is a B�st and prior lidn on the Properry,excepi tor Hens an�encuar�rances set forth by Trustor in writlng and dellvered to : ��..
<br /> Lender before execuUon oi t�is Deed of Trus�and the execuUon and Crlivery of�:s Deed o1 Trust does not violate any oontract or ,"�;_7���.,,
<br /> ?L�'�.���'��_
<br /> other ob8gation to which Trustor is subject. •�`r'F� •
<br /> � 3.Taxes.Assessments.To pay before deUnquency ail taxes,special assess�:nts and a�l other charges against the Property '"�#� •
<br /> now or here�tter levied. � ` •
<br /> ' • � 4.tns:n��nce.To keep the Propefij lnsured against damage by f.re,ha�rds inGuded within the term extended ooverage',and . . .. . . ...., _
<br /> • such other��zarda as Lender may re�:r�.in amounts and with carr�znies acceptable to Lert�r, naming Lender as an addition�l -��Y��:
<br /> named insured,with loss pa}rable to th3 tender. In case of loss under such poiicies,the LenB2r is authorized to adjust,collect and • Y _,_,.•.
<br />" compromise,all claims thereunder and snafl have the o�!3on oi apptying alt or part of the insura;r.e proceeds(i)to any indebtedness '�`.��_-
<br /> • secured hereby and in such order as Lend2r may Qe:���'"a,(ii)to the Trustor to be c;�e�for the repair or restoraUon oi the Property.or _. `
<br /> ' � � (i�i)for any other purpose or object sa�s4a�tory ro Lender without 2�t'ecting the G�n a`f:t+is DeeO oi Trust for the full amount secured ' �
<br /> ' hereby be9ors suCh payment ever taok p.2�9.Any applicaUons of(sra+��.,�s to ind��'��ess sl;2:i noY extend or postpone the due date .,
<br />�<<'�• �� � oi any p2�+Trents under the Note,or cure any defauit thereunder or h��-�r.r>Qer. , ��"��'
<br /> 5.Escrow.Upon written demand by Lender,Trustor shall pay��ienCer.�r �.��manner as Lender may designate,sufficient
<br /> � sums to enable Lender to pay as they becoms due one or more oi tfi:e°a�lowirtg:(ii,�ii taxes.assessments and other charges against . �:•
<br /> the Property. (ii)the premiums on the propeRy insurance required ~2reunder.ar.t7 pii)the premiums on any mortgago insurance
<br /> �� required by Zender. � � .. �,`
<br /> 6. W€aintenanee, Repairs attd Compilance with I.aws.Tru�x s�ail keep the Property In good condtUon and repair, shall �
<br />;,' prompUy repair,or replaoe any improvement which may be damzgE�ar desUoyed;shall not commit or parmit any vraste or deteriora- •,•• :
<br /> tion oi the Proparty:shatl nct remove,demotlsh or substanUal�y atter any oi the improvements on the Property;shall not commit,sufter d,��e,,..„�
<br /> .f or pertnit any act to be done in or upon the Property�r violation ot any tav�,ordin��;,e,or regulation;and shall pay and promptty dis- � . C" ••
<br /> . � charge at Trustor's cost and expensa ali Ilens,encumbrancos and charg�es levied.:mposed or accessed against the Property or any
<br />. . _� _, part thereai. -- - -- _ �
<br /> --- --- 7.�.;,1.-�ar+t�oss:�in.L�^�Cr 3s!!�rehy nsS��nad au comoens2'�on,awards. damages and ather paymenis or reliei(hereinafte► --
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