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<br /> � �, � DEED OF TRUST WITH FUTURE ADVANCES 98—�(���,58 �._
<br /> ' ; � �lr
<br /> � lOth dayoi February .19 98_.byandamong � � —
<br /> THIS DEEOOF TRUST, ismade as of the
<br /> ' Lawrence J .Levering and Sarah L. Levering, husband and wife . �
<br /> • the Trostor, �
<br /> �� 2 6 21 S E n g 1 e m a n P,D, G r a n d I s 1 a n d, N E �,�{��T'rusto�',wnether one or more),
<br /> �, whose maiMng address is
<br /> �' F ive Poin ts Bank, a Nebraska Corporati on
<br /> �� the Trustse hereln"Trustee'},end --
<br /> !� whose malNng address is P� B o x 15 0 7, G r a n d I s 1 a n d, N E 6 S 8 0 2 (
<br /> theBeneflclary, Five Poi nts Bank, a Nebraska Cor oration
<br /> � P O B o x 15 0 7, G r a n d I s 1 a n d, N E 6 8 8 0 2 (heretn"Lender).
<br /> ' whose rnaNing address is
<br /> � FOR VALUABLE CONSIDEL e v e 1^Nj ncluda n d nS a P a he L��� L e veeirld n tifled heretn to —�
<br /> ? lawrence J .
<br /> (herein"BoROwer,'whether one or more)and the trust hereln ciN RUST, WITH
<br /> � of which Is hereby acknowled9ed, Trustor hereby Ircevocably grents,transfers, conveys and assigns to Trustee,
<br /> �! . POWER OF SALE,for the benetit and security of Lender,under and subJect to the terms and conditions hereinefter set torth,the real �-
<br /> -- _ proparty described as tottowa: , _
<br /> �-.
<br /> see attached "Exhi bi t A" --
<br /> , I
<br /> " � Togetherwith all buildings,knprovements,fixtures,streets,alleys,passageweys,easements,�gh��P�����g a�appurtenances
<br /> located ihereo that Is ttac d M lhe�Provemente otas io consciiu e a nX u e fl ciudine b i not umied iotlne u 9 8 d ecoo�i s ea�a-
<br /> sonal property
<br /> ment; and tagether��eddltbns Ihereto,Is hereby ldeclared t be a paR of the eal estete secured by the I�lenao f t h is D e e d o f T r u�t a n d
<br /> ing replecements a
<br /> all of iheforegoing being �eterred to hereln as the'Propertyr'• note or credit egree-
<br /> This Qeed of Trust shell secure(a)the payment of the principahevl 88a meturiry det ot�F eb r Pary 0--�3
<br /> �� ment dated, F P b r i�y 10 L^°�
<br /> � �' in the alginal pdncipal amount of$ 5 0,04 9.5 0 , and any and ali modiflcations, extenstons end renewals
<br /> �., ment ot other eums advanced by Lender W
<br /> thareof or thereto and any and atl tuture advances and readvances to Borrower(or any of them if more than one)hereunde�pursuen
<br /> � to one or rnore promissory noles or credlt agreements(herein called"Note');(b)the pay
<br /> protect the secudty of the Note;(c)the performance of all covenents end agreements of Trustor set torth herein;and(d)all present and
<br /> �. futura indebtedness and ��9a�^ uaranrc�overdraft or otherwise The Note,this Deed of Trusttend any and a�lle hebdocuments that
<br /> � �' gent and whether arising by no►e.9 �Y�
<br />' � secu�e th�Note or othenvlse executed in connection therewith, including without Iimitation guarantees. security a8reements an
<br /> assignments oi leases And rents, sheli be referred to hereln as the"Loan Instrumonta".
<br /> � Trusta covenants a�l agrees with Lender as tollows: �
<br /> , � � 1. Payment of Indebt�dneas.All Indebtedness secured hereby shail be paid when due.
<br /> � ` 2. Title.Trustor Is�hQr en on{the Property,except fogllens andtencumtbrances set forth by Trus oWnrw�itlr.g and del(eredto _� -
<br /> '. I ed hereby is a first and p� =-:=�---.--�-
<br /> � Lender be(ore exocution ot this Deed of Trust,and the execution and delivery of this Deed ot Trust doc3s not violete any contract or E-�� —�--
<br /> '�� other obligetion to which Trusbr is subJect. �_ -_-� -�-
<br /> I 3.Taxes,Assessmenta•To pay before delinquency ali taxes, special assessments and all other charges agalnst the Property ���!:
<br /> ���-.a-.."
<br /> now orhereafter lovied. '�'
<br /> �'r'�2i,-'_.
<br /> � 4.Ineuranca.To keep the Property insured egainst damage by flre,hazards Included wfthln ihe term"extended coverage',and � - � ffi•.•.
<br /> ,..,��..
<br /> �:;,
<br /> I such other hazards as sen deab e i �hQ iLendeeninUCase oflosish ndepsuch po�lioelesebhe Lenderes authorized toeadjust coldlect end i�:�_
<br />- 1 named insured,wfth los p Y all o�part of the insurance proceeds(i)to any Indebtedness
<br /> compromise, all claims Ihereunder and shall have the option of applying
<br /> i secured neo hea�urposeo object satisicrory todLender without�aNectng the�ib n of his Deedeof Trust for�the full amo nts crured „
<br /> � (iif) tor a y P
<br /> , hereby belore such payme►�t ever took place.Any applicatlons of proceeds to indebtedness shall not extend or postpono the due date
<br /> o(any payments unde�Ne Note,or cure any default thereunder or hereunder.
<br /> _ _ . ._. ,____.,�..�o.,,�o� Tn,ator shell naY to Lender,in such manner as Lender may designeteQa���nst
<br />� ' S. Escrow. uponwnua�� �o���o��,..., __.--•• o-- -� --_- -:_ _ _
<br /> sums lo onable Lenderto pay as they become du nsurance �eeuired her un,der.aindl'(Iii) the p emfums�on any mortgage insurance
<br />_- Ihe Property,(ii) the premiums on the property ' q
<br />- required by Lender.
<br />= 6. Mafnten�a�e$IaRe anysmp oveme nlwhich may be damagedtor destroyed;shall no tcomm�t o�permit a`ny was e or deterio eI-
<br /> prornptly repa , P .
<br />� tion o(tho Property:shail not remove,demolish or substantially alter any of the improvements on the Property;shall not commit,su or
<br /> or permit any act to be do ne in or upon the PfOencumb ances a d charge levfed,nmp sed or'atccessed againstat e Pr perty tor any
<br /> - ' charge at Trustor's cosl a nd expense all liens.
<br />- pa rl Ihe reof.
<br /> 7. Eminent Dornaln.Lender is hereby assigned all compensation,awards, damages and other payments or relief(herefnafter
<br /> - . xRt:LSIIN.r.yauauW`[1�'� eT�Wnf `�.ry�Mw��l.•.t��Nn�1<t*a+�e
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