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<br /> ,;; DEED O�TRUST WITH FU7
<br /> ' • THIS DEED OF TRUST,Is made as of the 12TH dey of FEBRUARY ,18 97 ,by and am� _
<br /> tfieTrustor, BRYCE J. WILLIBY AND CAMILLA p W�LLIBY HUSBAND AND WxFE —• �
<br /> ; �hose mailin�address is_ 4209 NEVADA AVE, GRAND ISLAND NE 68803 _(herein "Tmstot',whather one or mord),
<br /> . .�
<br /> .,'�3:'�.' the Truste�
<br /> . � P.O. sOX 1507 GRAND ISLAND, NE 68802-1507 (herein"Tn�stee"),and
<br /> ' � ` � whose mailing address(s '
<br /> y.�.•��r�
<br /> .�r.. j�
<br /> � the Beneficiary,
<br /> :;;':;":.'_
<br /> } `�'�� ' 2015 N. BROADWELL, GRAND ISLAND, NE 68801 (herein•Lende�.
<br />�;;'�� whosemailingadd�ess 1s
<br /> ,,v��,�, aovrc .1 WTi I tRY
<br /> �, �-^• — FOR VAWABLE CONSIDERATION,including Lendere extension oi credit identlfied heretn to
<br />-1:::�,;.:i
<br /> , ,,,�;� p
<br /> �1eS:L• (herein"BoROwer,"whether one or more)and the tNSt herein creatod,the recei t
<br /> of whlch Is Aeteby acirnowieoHdd�=��5���nos"�Y lst�t,�sts!;s!�t!ra, t►anstera; conveys and assigna to Trustee,IN TRUST, WITH
<br />-W��� POWER OF SAL�,lor the boneflt end security of Lender,under and subJect to the terms and condtttons herelnafter set toRh,the eeai
<br /> �=`,;:=�"� property described as follows:
<br /> _:._�,���4.�
<br /> - ;���.:_;�� LOT 32, CAPITAL NEIGHTS SEVENTN SUBDIVISION, HALL COUN'TY� NEBRASKA
<br /> .'� -__ Together with ell buildings,improvements,fixtures,streets,alleys,passageNays,easements,dghts,priviieges and appuAenance�
<br /> - .-- tocated thereon or In anywise perteining thoreto,and the rents,issuas and profits,reversions and remainders thereof,and such per
<br /> -,�,,.,,a„� sonai properry that Is atteched to the improvement3 so as to constitute a flxture,including,but not Ilmited to,heating and cooling equl(a-
<br /> ment;and togeU�er w(th the homestead or ma�ital interests,If any,wh�h Interesta are hereby released and waNed;ell of which�includ�
<br /> ---- � ing replace�nents and additions thereto,is hereby declared to be a part of the roal estato secured by the tien of this Deed of Tn�st and
<br /> all of the foregoing be�ng referced to heroln as 4he"Property'.
<br /> -- This Deed ot Tn.�ct shall secure(a)the payment of the principal sum end interest evidenced by 8 prom�ssory note or credit agree-
<br /> — -- ment dated ,having a maturiry date of.����� q� +^��-,
<br /> in tl�e origtnal princlPal amount nf$ F275 4F . and any and Ail modiBcaUons,extenslons arxf renewets
<br /> thereof or Htereto end any end a�l tuture edvances and readvances to Borrower(or any of them it more than one)hereunder purtaant
<br /> -- to one or more promissory notes or crodk agreera�ente(hereln called'Note'�;(b)the payment of otf�er sums advanced by Lender to
<br /> protect the securitY of 1l�O Note;(c)the performance of ell covenants an�egreements of Tnistor set forlh hereln;and(d)a11 present end
<br /> future ir�debtednese and obllgaUons of Borrower(or any of them if moro than one)to Lender whether direct,Indirect,absoiute or ca►Un-
<br /> gent end whether adsing by note,guaranty,overclreft or otherwiso.The Note,this Deed of Trust and eny and all other ci�ocumente that
<br /> socure the Note or oiherwise executed In connection therewith, including without Iimitation guarantees,security agreementa snd
<br /> ass�,gnments of leases and tents,shalt be referrad to hereln as tho"Losn Instruments.
<br /> — Trustor covenants and egrees wtth Lender as tollows:
<br /> � —�= 1, panrnnt of Ind�bt�dn�ss•A���ndebtedness secured hereby ghail be paid when due.
<br /> -��� 2. T[W.Trustor Is the owner of the PropeRy,has the dght and authority to oonvoy the Property,end warrants that the Uen creat-
<br />— —�� ed hereby is a first and pdor Ilen on the Propeity�oxcept for Itena and encumbrancos eet forth by TNStor In writ(ng and deUvered to
<br /> "`��°�� Lender betore execution ot this Deed ot Trust,and the executlon and detivery of thts Deed of Trust does not vlolate any oontract or
<br /> v�=�=���� other obifgation to wh�h Trustor Is subJoct.
<br /> �-:ti L'�''�'° g,Tp��+,A�ssm�nts.To pay bafore delinquency ell texes,specfal assdssments and eu other chargos against the Property
<br /> �
<br />--:.v.c•rrS':J,''',
<br /> a,�,, now or hereafter levi .
<br /> �_� 4.Insunnce.To keep the Prop�rty Insured against damase by fire,hezerds Included withln the term"extended coverafle'�end
<br /> -` n such hezards as Lender may require,in amounts and with companfes acceptable to Lender, naming Lcmder ea an edditional named
<br /> -,�w=;�-�:.;....
<br /> - �1•�'r�. Insur e d,w i t h b s s P a y a b l e t o t h e L e n d e r.I n c a s e of loss under such pol�fes,the Lender Is authorized to edJust,collect and compro-
<br /> -��-- �.•w�...r. . 1 PP Y 9 P
<br /> .: •�•.°,�w mise,all claims thereunder and shall have thc op lon of a I in all or aR ot the insurance proceede(f)to any Indebtedness secur
<br /> .ti�,`,
<br />- =_-� `�' hereby and in such order as Lender may determino,(iq to the Tructor to be used tor the repalr or restoration of the Pro�serty or(fil)for
<br />�`�""°"`'''�' __.• •• -..�.,.....e�o�.,��ntnr�nesa shall not extend or postDa�e the due date of any -
<br /> _.� __ �'�, any other purpose or ob�ect satisfactory to Lender without aHecting the Ifen ot thia Doed of TNSt for the lull amount secured here y
<br /> _•:'qi_ti.���..i� before such payment ever�piac�.nnji aMntic.��....o...r•••••��--..•------ -
<br /> _ ;..:b�:�", � paymenta under tho Note,or cure any defauit thereunder or horeunder.
<br /> ��.,.� ; 't� 5.Esarow.Upon wrftten damand by Lendar,Trustee sh�li pay to Lender,in such manner as Londer may designate,sufticient _
<br />- • • •; sums to anable Lender to pay as they becom�sura corequ�red heroufnde N(iij�t�he p emxums on any mortgage Insuranca reqgulrod by -
<br /> � the proporiy,(li)the premiums on the property _
<br /> - Lendor. m ood conditfon and repair,shall =
<br /> • 8. Malnt�runc�, R�pal���nd Compli�na with I.�ws.Truetor cha�l koep the Property ' g
<br /> promptly ropalr,or replace any improvement wh�h may be damaged or destroyed;shall not cemmit or perm(t any waste or detsriora- _
<br /> tion of the Propedq;shail not remove,demolish or substantlalty alter any of the lmprovements on the PropeRy;shail not commit,sufter �
<br /> . . or perm�t eny nct to be done In or upon the PropeRy in vlolntbn of any;aw,oMlnanco,or regulation;and shall pay end promptly slis•
<br /> _ � charge a1 TN�tofe cost and expense a!1 tians,ancumbranceg and charpes levlad,Im�ased or eccessed agalnst the Pn�perty or any
<br /> _`".. � .. a part theroo}. _
<br /> _ •. 7.EmlMnt D�emaln.lender la t�ereby asslgned ali compensetion,ewnrds,demayee and other payments or retief(herelnatter
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<br /> ' QIGMIYIaWOY�tlCamNwTnYtlW6a�Y'iAN1aYk�M1lm[UIHMnW . .t U �
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