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<br /> DEED OF'B�B�S�WdTti �UTURE ADVANCES � � "' � .r-t,..;,�f�.�,i Y.'r_
<br /> , . ��Y .
<br /> - �� '��l`. '..:
<br /> ' THIS OEEQ OF TRUST,is made es of 4T�8 5th day of Feb ruary .is 97 .by Sttd amor�g� ,;;�� , —
<br /> :. �.�'":-�- ;,�.
<br /> o .`��a,�,_
<br /> theTrustor, Jackie L Johnson and Yictnria L Johnson �nusband and a�ife . T�°-. ���.-��-T•�-�---�
<br /> '�:r. ^,�,y',�'
<br />� 68803-9616 �'c `�.. '�-���'
<br /> �.,��;��
<br /> � vmose��r:9 aaciress�s 6498 S E n qlem an, G ra n d Islan d. N eb ras ka (r�erein°�'rusco�,wr+etner ona o�more). !:;��T 1�.�.��__
<br />" � ..<:,��;�=�=�v=
<br /> the Tn�sKee 'F.;; '"j,'' �.��.
<br /> � . P.O. Box 1507, Grand Island, Nebraska 68802-1507 {herein'Trustee�,end �� '�" -
<br /> whose maiUng address is µ�'�
<br /> � ..:-+s�.;.
<br /> .- theHenaftdary�F;ve Aoints Rank — ;: '."� . �-� �_,�._
<br /> ��, °�rr-.
<br /> _.i:. `'`r?`.` �
<br /> _4°4„�
<br /> 2015 N. Broadwell Ave., Grand Islaod, Nebraska 68803 e��„�8�. � f,`'*� "`�`-"—
<br /> whose mailing address is (h � .;x�;�;, �.:�?�"."�:
<br /> , � ;" �.:...��__s:;:
<br /> FOA VALUAHLE CONSIDERATION,induding Lendefs e�Qension of credrt identHled herein to �acki� L loh n enn _ ` '�'� �•� �°.�3 i���
<br /> _ . � �.:';�;." ►�
<br /> � '`•' :.=� �s>..
<br /> � �.... . :�
<br /> (herein Borrower;whether one or more)and the trust herein created,the receipt
<br /> of whfch Is hereby acknowtedged, Trustor hereby irtevocabty grants,translers,oonveys and assigns to Trtistea, IN TRUST.WIYH :-�'�;:;.,-
<br /> '�< P O W E R O F S A L E,f a r M e b e n e fi t a n d s e c u ri t y of L ender,under and sub ject to the tem►s and conditions hereinafter set forth.tfi�e rea! �' '; '�<,,::.'�
<br /> ,f. n:'4.
<br /> � property described as tollows: � :.�„';��-
<br /> �-t�', Y�i_
<br />: ���5 4't' `��!�
<br />�.R:�..�..+ ..
<br /> � Lot One (1), Pichler Subdivision, Hall County, Nebraska. _ ':?� �'��:>
<br /> :�, .
<br /> `J;� " �.
<br /> � _ Tagetherwitfi all buildings,improvements,fixtures.streets,aiteys,passageways,easemertts,righLS.privfieges and appuRenances ��'�'�, ,--
<br /> xtu
<br /> located thereon or in anywise pertaining thereto,end the rents,issues and profits,revers�ons and remainders thereol,and such per• _
<br /> sonal property that is attache6 to the improvements So as to consUtute a ftxture.Mciuding.but not Iimited w,heaUng and 000iing equl�
<br /> men�and togethe�with tho homes:sad or marital interests,if any,whtch interests are hereby�eleased and waived;ail o!which,inctud- • � • '�-`,��:,-__,
<br /> ing replacemenis and additions therato,is hereby dactared to 6e e part ot the real estate secu.�by the Iien ot this Deed ot Trust and =-- ' -
<br /> ail o!the foregoi�g be(ng refened to herein as we'Propertyr. ' �r�� •. �
<br /> This Deed of Trust shall secure(a)the payment o!the principal sum and interest evidenced b a promisso nota or crodit egree- �°��'�°��
<br /> Y N .�,..-�:�;_,
<br /> • ,t mentdated Febr�lary.. 5 �97 ,havingamaturitydateof Fahr��arv � �nn� . _�������:;=;� -_.-
<br /> in the original princlpal amount ot� 6�000 00 ,and any and ai1 rnodificatlons. extensions end renewals - .,. , .;
<br /> � thereof or thereio and any and all f�.�advances and readvances to Borrower(or any of��n if more than one)hereunder pursuant - ----�. � *�-�..__.
<br /> tn one o�more promissory notes or cradit agreemenLS(herein called'Note"):(b)the paymzat of other sums advanced by Lender to "�'� � �••� "' ��`
<br /> ' � protect the secudt�/of the Note;(c)the pertormanoe of ai1 cavenants end agreeme;ns of Trustor set foM herein;and(�eti present and �:�s••
<br /> fuhire indebtzdness ar�9 abllgaUons of Barrower(or any of ihem if rr�ore than one)to Lender whethet direct,indirect.ebsolute or oonUn- '������.
<br /> gent and whelher artsina by note,guaranry,overdratt or otheiwise.The Hote,this Deed of Trust and any and all other documenls that �k`� .—.,
<br /> � � �<< secure 4:'r�lJote or otherwise executed in connectlon therewith, inctuding without limitatic�guarantees, securiSyy agreements and y. �r�,��'"'R��:
<br /> � � assignmzTits o!teases and rents,shall be reterred to herein as the"Loan tnstruments°- �"'��{qp���.__;_
<br /> ...ydr;,:��r;t}�•d,;u. ;::•._
<br /> Tnistor oovenz�^,W and agrees with Lender as foltowa: • � ""+" =' '���
<br /> t. Payment o?�,�9ebtedner.�.All indebtedn�secured hereby shall be�i�whsn due. •.}�,�,.��'�;,''���
<br /> ,f9 3;��'—
<br /> • 2 Titt9.Trustor as the owner ot the Praperty,has the dght and authodiy tm aanvay the Property,and wamants that the iten creab ��:.. �,-_,,,:?;_
<br />, ed hereby is a first end pdor Hen an tho PropeRy,eucept for Iiens and encumbraaces set fortb by Trustor in wrlUng and delivered to ` ., .� '_'
<br /> ;;;. �� Lender beTore executton o1 this Dee�of Tnist,and ths execuUon and d�livery of this Qez�ct Trust does not viatate any cantract or • -
<br /> ' other obligation to w1:JCta Trustor is 5ubject ����s—
<br /> . . 3.Taz�s,As�enta To pay betore QeBnquencyr all taxes,spedal a�menb�nd all other charges against the Property ,y..:�-..:- . .;:_.�'a,._-
<br /> now or hereafiet te�,�. ��.�.-°•"=`-`�:;:��
<br /> � 4.Insurance.To keep the Properiy insured against damage by fire,hazarCs incluQed within the temo'extended coverage,end ��y�,,;,,
<br /> � such h�.rds as Lendar may reqssi:�.in amounts and with companles aoceptable to Lendef.aaming Len�er as an add'Nonal named �� • -
<br /> • insure�,aNi�loss payaDle to the F.ender.In qse of loss under such policles.the Lender is�:'►orized to ad�us�ooltect and compra ��
<br /> � mtse,a11 ctalms thereunder and shall have the opUon o?appiying a11 or part o!the insurance�:oceeds(�to 2ny indebie�:ess secured :,,�,;:,�;��;i.'.#.:'
<br /> hereby and in sucA onfl2r as Lender may detartnine,(ti)to the Trustor to be used for the repar or restor��of the Property or pi�tor �.':�•�.r�;�A���; s��,-
<br /> � any other purpose cs m�ject satlsfactory to Lendar wlthout aftecdng the lien ot this Deed of 1 rust ior the fu0 emount secured hereby ,' .J_.1.���,K�. .a
<br /> before such paymerrt ever took place.Any applicaUons of proceeds to indebteGness shall no!extend or postpune the due date o?any •..t. �, _ __
<br />. payrnents�nder the Note,or cure any def�ult thereunder or hereunder. , " . . � _
<br /> • 5.Eccrow.Upon written demand by Lender,Tnistea ahall pay to Lender,ln sucfi manner as Lender may designate.sufficient . • , . ,, _ .
<br /> sums to enabte I�nder to pay as tt�ey become due one or more of the foliowing:(i)all taxes,assessments and other chargas egainst
<br /> the PropeRy.(ii)the premiums on the proparty insurance required hareunder,pii)the premiums on any moRgage insurance required by � ., _
<br /> lender.
<br /> ' ' s. AAalnt�nanae, Repairs end Compliance w3th tawa.Trustor shall kesp the Property in good condiUon and repair,shall - ,. �
<br /> prompUy repair,or reptaoe any improvement which may be damaged or destroyed:shali not commR or permit any�raste or detertora- _ . . . —
<br /> • tion of the Proporiy;shall not remove,demolish or substantiaUy alter any of tha improvements on the Properiy:shali not commit,suffer .. , .
<br /> or pertnit any act to be done In or upon the Property in violation o1 any ia�v.ordinance.or regutation;and shail pay and promptty dis- - i �—.
<br />. cfiarge at Trusiora cost and expar►se all liens.ertcumbrances and charges tevied,imposed or accessed against the Praperry ot any ,
<br /> —--= Qart thereof. -- � —-� --- -_ �_
<br /> 7. Emtnent Oomaln.Lender is hereby assigned all compensation,awaMs,damages and otner payments or reiief(inereinafter •• • �
<br /> rax xsi n+�:a�++��,an
<br /> O�9W[umw�d CommtmTMt�riaSn+�O�Aaawmit lscM�W Wti . .
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