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<br /> 03rd of_ Feb. .19 97.by and among�j� , ___���.
<br /> THIS DEEO OF TRUS7.is msda as of tha daY �. , ,.,,, � • .
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<br /> ..:.' BRIl�t J IiC!!lU�OH b LORI A 1!C[tAHOt� . hueband and vife . •,° � � '�'• -=—T:�. .-, - -
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<br /> tR¢Trustor, Grand Island iie 68803-1524 ` " =• °
<br /> ,,r• 4077 2o1a d.aa \ •'��s,�r� •�--.' '. b"� _
<br /> • ,. (herein`Trustaf,vVf�ether on�ar more). �.�:.t � 1.,,,_
<br /> ,. ���hase mailing address is 1 .;.•�',��"'�
<br /> _;. �1 .
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<br /> Five Points Bais . a H+zbra ka Cor �sat o �'•`'� �.
<br /> 1''. ' tiic�Trustee . :��•
<br /> °�:°' P.0. Hox 1��'7 Grand Island, N� 68802 (herei�"Trustee�.end x�' . ��;' �.��.,,;�'
<br /> :<<�'" �r!:cse maiting address is � ,. -
<br />. ��'• Five Pointa Bacsls i�--`.-_ �:'. �' �°:'�`� " �
<br /> ' tfte Benefrciary, ^i�,l Y r.,
<br /> (herein'Lendet�. ���
<br />::.;�.��, 2015 H. �roadvell (iraad Isla�nd. HE. 68802-1507 ' ,.:(� '
<br />,�ti+��'� wimse ma�'�ng address is . . ,�'����i .���-�.
<br /> BRIllll J HCHAHOH �,� ,,.�tt r,:�fi�l�,_ S;Y,
<br /> -�I"�:ti;� FOA VALUABLE CONSldERATION,inciuding Lende�'s extension of cred'R lden�ed herein to �� •� „ ,��`::•`. 1. '.
<br /> �s:.. '' �.v... ..,.,�.
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<br />'.;,,�. ' (herein aBorrower,"whether one or more)and 1he hust hereGt created.the receipt �.�+r�,=„s;,�,-,�,.:-�--
<br /> ,r�-< rants,transters�conveys and assigns to Tnistea.lN TRUST.WI1N •: •e�,V,. `:<',:`.;,
<br /> %.;�� ` ot which is hereby acimowledged. Trust�hrer+°bY ircevocabty 9 _ _ . . � ° _-
<br /> ,;,. :
<br /> ����'� POWER Of SALE.for 1he benefit and s2�/��f�-ender,undor and suh�S to the terms and oonditions hereinaftar set brtfi,the re�i '` ��.,.,. .
<br /> V. •�,
<br /> ._ t�nPerty described as foDow� ��'` �
<br /> . �` ,� . �,
<br /> ' SEE ATTACIiED EXHIBIT •A• �.�'�,+,:: `+$�':'...�.
<br /> '. . ''� .w�,.
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<br /> Together with sil buildings.improveme��ts,fixtures.sdreets.alieys.Passa98waS►s.easemertts.rights.PrivileBes and e0purtenar�as ':i
<br /> r,;,�• --
<br /> � • tocated thereon or in anywise pertalnin9 thereto,and the rents,issues and proftts,revarsions and remainders thereof,and such per- .��;�,• _
<br /> sonal prapeRy that is attached to the improvaments so as to oonsdtuta a fixture,inGuding,but nol limtted ta,heatiog and 000ftn9 eQ�iP'
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<br />� men�and tagether with the homestead or ma:�tel interests.'rf any,whtch interests are hereby released and waived;all ot wh'.ch,ir�d- r
<br />, � Sng reptacements and additions tt►ereto.is t�9'�Y dedared to be a part ot the real estate secuced by the Gen o1 thls Deed of Tcust eM ��
<br /> s{I of the foregoing being reterred to herein os�bhe'PropeRy'. ,;=;�,u�;--�.._._
<br /> This Dsed of Trust shali secure(a)the payment of the prindpal sum and interest evidenced by a promissory note or credit agree- ry�ih7�;`':,�..
<br /> ment dated .having a matudty date o! � -- - _ -----
<br /> in the otiginat princ:ipal amount of$ 60 021.00 .and any and all madiflca6ons.extensions end cenewats �.�. .,;,M.-
<br /> �,.:"�.-'. "•:. -..
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<br />. . Sfiereo!or tfiereto and any and al)tuture advances and readvancea to 8orrowero the y ot ent of other ums a�anoed by I.e d�c sc ���-:
<br /> ' � to ane or more promissorY notes or credit agreements(herein cailed Noze'�; ) PaNm :;_.�,..`����.:o,.. . ._
<br /> � protect the security ot the Note;(c)the perPortnar►ce ef a��oovenanhs end agreements of Trustor set toAh herein;and(�ell present 4�1 . —
<br /> fu�re indebtedness and obiigaUOns of Borrower(or any ot them it more than one)to Lender uvhether direct,indirect.abso�ute or oonUo- .,,..�.�,^_ ,
<br /> � gent end whether arising by note,guaranty,overdrait or otherwise.The Note,this Deed of Trust and any end eli other documents that si,,,�',�,,,,__ �
<br /> ,�.""._--
<br /> :i.`ta,s• �
<br /> � secure the M1tote or atherwise executed in connecUon therewith, including without Ilmitation guarentees, security agreements e�Q •h r �;.
<br /> . �".�r,��.:�1.,,
<br /> assignmer�ts of leases and rents,shall be retarred to herein as tha"Loan InsVuments°. . _-
<br /> � Trustot covenants and agreee with LemJfer as fottows: `� •
<br /> 1, psyment o f In d s b t s d n e s a.A l l i n d e b t e d n e s s s e c ured hereb y shall be paid when due.
<br /> - �3��.��.�,
<br />� 2 Titt�.Trustor is the owner of the Property,has the d9M and suthori4y to convay the ProPerty.and warrants that the I ien crea t- �_��,,,
<br /> ed hereby is a flrst and pNor lien on the PropeAyr.except tor liens and encumb�ances sei torth by Trustor in wriUng end delivered to ,�,._ _
<br /> Lender betore exeeutlon of this Oeed of Tn�st,and the execuUon and defivery ot thls Oeed of Trust does not vtolate artY oontraa or �.��,,,,��,. _
<br /> �. ,1�ht?f;N�.' �
<br /> � other obtigatlon to whlch Tnistor is subject. , , ;.,,,,�;;�;•;: .
<br /> _ 3.Tazes�Asse�smento.To pay be?ure delinquency all taxos,spacial assessments and all othar charges agalnst the Pr�t1y •.•.�t.s��� .i..�.:
<br /> . now or hereafter levied. •. ��., = -.°
<br /> 4.Insurancs.To k�c!te Property insured against Gamage by flre,hazarda inctuded withtn the temn'extended coverege°.end �:� � _
<br /> ,.�J.. . �;1•
<br /> ��;� � such hazaids�Lender r..ay requlre,in amounts and with oompanies accepfabie to Lender,naming Lender as an additional named '
<br /> � insured,suu�io�paS►eble to the Lender.I�csse ot toss under such poticles,the Lender is authorized to adJust,cotlect and oompro- .,.-;�i ..;i,.
<br /> mise.aU claiiTTa cfi�ereunder and shall have the opUon o1 applying ali nr part o!the insurance procaQds(�to any Indebtedness se��red �.. - ��,.
<br /> hereby and i�i such order as Lender may determine,(ii)to the Tn�stor to be used for thv repair or r�o-sCaration of the Property or(il�for ; ,���:-n�,��.:,.;. —_
<br /> eny other purpose or object satistactory to Lender without aftecUng the tien of this Deed of 7rust tar the full�a��e due data olrenY , 5�r'?} - -
<br /> before sucf►payment ever taok ptace.My aPAticaUons ot praceeda to indobtedness shall not extend or postp � , _
<br />�� payments under Ure Note,or cure any detauit thereunder or hereunder. ��.'�'�, . ..�
<br /> '"°.�c`: 5,Eacrow.Upon writtan demand by Lender,Tnutee shali pay to Lender,in such manner as Lender may designate,suNiclent ', .,.. .
<br />"�:�i'�.� sums to enabte Lender to pay as they become due one or more of the foitowing(i)all ta�ces,assessments and other charges against _ � . ��
<br /> , • tfie PropeRy,(ii)the premiums on the property insurance required hereunder,(iii)the premiums on any mortgage insuranoe required by , �
<br /> Lender. ' •
<br /> 6. Maintsnaaco,Ropaira and Camplfanca wlth Lawa.Trustor shail keep the Property in good condition and repair,shail .
<br /> ' promptiy repair,or repiace any imprc�ement which may be damaged or desVayed;shall not oommit or pennit any waste or detedora-
<br />„'>'i,... tion of the Property:shall not remove,demolish or substantialty alter any at the improvements on the PropeRy;shall not oommi�sufter �
<br /> ��l� er permit eny act to be done in or upon the PropeRy in viofation o!any law,ordinance,or regulation:and shall pay end promyttyr dis- . . ___
<br /> � charge at Trustor's cost and expense all Iiens,encumbrances and charges levied,imposed or accessed against the Properiy or any r„-`
<br /> n � parl thereof. _ — -
<br />- -- - 7.Eminent Domain.Lender is iiereby as�i9s��i%!►rASnFQn=au°n•awa�s•c4�ma9eg and other�aymenta or retief(hareinafter . —
<br /> rmcsas�r+u:.var�Qaaa.�ar,eRS • , �
<br /> 0 f96altmm�Qvd dLa�nawT�W 5m+p�Rscori'_^�Ltn►i Metren� . . .
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