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<br /> � � � ?ECORDED&�ENTERED � `V �� �
<br /> . � ,.. �� PAGE ` . _ �.
<br /> , , �81-38� . � � �
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<br /> ���. . '98 FEB 20 Pt� 3 29 .,` � .
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<br /> • � _` ,�� �".�c�, �:=.o�i-�.�..�--�� , . ° •� _ •
<br /> � ` DEE� OF T03lD�Y V1llT�1 Fl3TljRE ADVAN�S ' .
<br /> . �.. __ REGISTER aF DEED� —_ ¢ �;
<br /> . 7HtS,DEED OF TRUS'f.ts mada as ot the 14t� day ot Febrttary . 1998 by anA among e , -
<br /> Trustor,Richard C Case and Pe�av J Case Husband and Wife as Jolirt Yenant�wtth FiiaM o9 Survivarshio ;,�� - •
<br />_ � �• whose ma�'mg address is�'�O Blrclttrrood Grand Istand NE 68803 (h�etn'Trostor°,whether'' • : ' �
<br /> ' - ona ar more},the Tntstea Western Ne6raska National Bank �• ,_ ` �`
<br /> • whose mai[tng address ts 315 [�torth Dewev Morth Piatto NE 69101 (herplr►'Ttistee'}.and the B�efidary.. `.. -
<br /> m� a
<br /> � ° ` Weste►n Nebraska National Bank .whose mamng adaress ts•; ;<<. - _
<br /> . • 315 North Dewev North Platte NE 69101 __ lh�" •�n'�l• . : ''-y:::����`
<br /> ` FOR VALUA8IE CON3IDERA710N,Inciudfng LendePs extension of aed'd IdeMified he�etn to Rtchard C Cas� and Peggy J. = - �
<br /> : � � � ��se Husband and Wife a�Jotnt Tenants wtth Ris�ht af Survivorshin — ',��� '
<br /> � " (herein 'Bortower°, whettter one or more) end tfte ttust hEretn cteated, the recaipt ot whieh is hereby admowtedged Trustor hereby • � �<�,�:.
<br /> .r�.�
<br /> � • irrevocaby grants. Vansfera, carneys and esstgns to Trustea, IN TRUST,UVf7H POYYER OF SALE.tor the benefit end security oi Lender. �`���-
<br /> � � under end su�ject to the t�and condNons hereL�aft�set toRfi,the rnal property des�ed as to0ows: .,��
<br /> Lot 1 of R.T. Johnson'e Replat of Lots 2. 3, 4 and 5, Block 1, Richiand Secoa d Add[tlote to North �- � �-_=
<br /> .. " Platte,Urtcoln County� Ngbraska. _ ._ �
<br /> . F�� �,�-•
<br /> .�- `811d ,�I•,�t(3F
<br /> � , I`�°. Lat 10 in Westem Hetghts Fourth Subdiviston,Hall County, Nebraska. ;�`�""'..
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<br /> � .; Together with a0 butldings.imp�vemeMs.fudures. streets.a(teys, passageways, easements.dghts, prihleges and eppurtenences la�ted � «���"
<br /> � � .�-? thereon or in anywiae pertafiing thereto,end the rents,issues and profits. re�rersions and remainders thaeo�and such personal prcperry . �� ,�#���:
<br /> ` � L*�at is attached to the improvemwts so as to consti�te a fumue,incWding, but not Ifmit�to,hea�rtg and cooQng equipmenx and together � �>� �•.,-_--�-_
<br /> 1 v with the homestead or madtffi irrterests.H any, which Interests are hereby released aad waived: efl of which, induding reptacements and r �� • �•`'•' -----
<br /> .�..:
<br /> t' • � �!< addttions thereto, ts hereby dedared to be a part oi the reai estate secured by the 8en ot this Oeed ai Trust end atl of the toregoing being '•}.��';r
<br /> . • : '';;;�, reterted to herein as the'Rope�ly". . •�titq��';
<br /> ; . ,.,,,.,
<br /> � - ' Thts Oeed of Ttust shaif secure(a)the payment a!tha pdncipai sum and(nterest evldenced by a�smmissory note or tredit agteement ����_
<br /> •,,:_ , . .. . .
<br /> dated Februarv 14 1998 � havfng a matudry clate of Febrt�a�,14 1999 .fn the origir.al principal amount ot
<br /> � $ 200.600.00.and arry�►�all modificaUons, extensions end renewais thereot or thereto and eny and a8 tuture aci�aaces end readvancea � �r`
<br /> • to Bortower (or arry of them ii more than ona) hereunder pursuant to one or more promissory notes or cred'R agreemerrts (herein calted _��
<br /> ' •Note°�; (b) the payment of other sums advanced by lender to protect the security of the Note: (c}the perfortnsnce W aH covenants and � . , ��`-
<br /> ' : agreements of 7rastor set foRh herein: and (d)all presern and tuture indebiedness and obligaUons of Ba:rower(or arry of them H mora than : L �`-'�
<br /> ` � one)to Lender whether direct. tndirect, ebsoiute or eontfigent and whether adsing by note, guaranry, overchaft or otherwise. fie Note,ttds _, . . '�E,�:
<br /> ', ' Oeed of Trust and any and all other documents that seeure tha Mote or otherwise executed In connectton therewKh, tncludtng withaut � • • :�#..�,
<br /> � �; IimitaUon guaranteas,secur(ry a�eements end assi�merits ot leases�nd rents,shali be re:erred to herein as the'Loan tnstrumerrts'. � �.' ' ��
<br /> - � � Trusior covenants and egrees with Lender as tollowa " , ��?:_
<br /> .. � " '� 1, p8yrttettt OT IndebtedDASe.M Indebtedness secured hereby sha0 ba patd when due. • _
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<br /> ' .:�, 2. Titte.Trustor is the owner of the Property. Aes the dgM and authortty to eorney the PropeRy,end wenants that the Qen aeated '`
<br /> � � hereby Is a firsl and pdor fien on the PropeRy, except tor Uerts and encumbrancea set toRh by Trustor N wdtU�g and delivered to tender ��°' ;
<br /> � � before execuUon ot this Deed of Trus� and tAe exeartion and delivery ot th(s Oeed oi Tmst does not vio(ate any conbact ar other obligation . „
<br /> � � • •.� to whicb Trustor is subJecL � , ••�
<br /> 3. T8x83. /tSSBSSIR0�tt8.To pay before delinquency ail texea,speclal assessments and ell other charges egainst the PropeRy now . �
<br /> ' � , ; or hereafter tevled. •
<br /> ?'a . � ' 4. IQSUtanCO.To keep the Property Insured against damage by flre, hamrds InGuded within the tecm °extended coverage'.end such
<br /> .,ti• ,
<br />_ � other harards as Lender may requlre, in amourrts and wtth companles acceptabta to tender, naMng Lender as an addttional named insured. ,. .
<br /> ' with loss payabla to the Lendec In case of lass under such polides. the Lender is ai.�erized to edJusi,coltect ana compramise,ell cteims ,
<br /> � � thereunder and shall have the opUon ot epplying all or parl 01 the insurence proceeds n to eny indciSedness secured hereby and in s�ch • •
<br /> ; � � arder as LenCer may detertnine. (li)to the Trustor to be used tor the repair or restoraUon o1 the Pcc�erty or pi)for arry ather purpose or . •
<br /> � . i object saUstactory to Lender without aNecting the Ilen of this Deed ot Trust for the fuU amount secared hereby betore sueh payment ever .
<br /> ! took piace.My appliratlon ot proceeds to indebtedness shetl not extend or postpone the due date of any payments under the Note.or cure •
<br /> :' any defauit thereunder or hereunder. • .
<br /> `"� 5. ESCtOw. Upon written demand by Lender. Trustee shali pay to Lender. In such manner as Lender may dssignate, su�iclent sums .
<br /> •� � to enable Lender to pay as they become due one or more ot the following; (�ell texes.assessments and other cherges against the Property,
<br /> • • (ii)lhe premiums on the properly Insurance required hereunder, and(iii)the premlums on any mortgago insurance requlred by Lender. '�, ;
<br /> . • . � 8. MelttiA�BRCe, R0p8i�9 811d COmp1i8t1Ce Witil LBW9.Trustor sha0 keep the Property in good condition and repair: shall • '
<br /> , � prompty repair, or replace any improvement which may be damaged or destroyed; shaii not commit o► permtt any waste or deteriaraUon ot
<br /> � ! the Property:ahall not removo,demoUsn or substantlalty alter any of the improvemenls on the Property; shall not commit,suNer or pertnit any '
<br /> � •� act to De done in or upon the PropeRy in vlotation oi any law. ordinance. or regu►ation: and shall pay and prompUy discharge at Trustor's
<br /> � cost and e�ense all liens,ertcumbrances and charges lavled.Imposed or esswssed agatnst the Property or any peri thereof.
<br /> - � � i. Eminent Oamatn. Lender Is hereby assigned all compensation, uwards, damages end other payments o► �e�e1 (hereinafter . �
<br /> ' 'Proceeds') ln connecUon with condemnatlon or other taking o1 the P�openy or paR thereof, or for conveyartce In ileu of condemnation. �, �
<br /> � � Lender shall be entitled at fls opUon to commence.appear in and prosecute in its own name sny acdon or proceedings, and shall atso be i
<br /> entitled to make any compromise or settlement in eonnectlon with such taWng or damage. In the event eny poNon ot the Property is so �
<br /> ,,.` � taken or damaged,Lender shall have the optlon in ics sole and ebsotute discretion,to appy all sucb proceeds.aRer deducting therefrom all
<br /> �i: . � costs artd expenses incurted by it in connection wilh sueh Proseeds,upon any indebtedness secured hereby and in sucb order as Lender
<br /> may detertnine,or to appty ali such Proceeds.after such deductlons, te the restoraUon ot the Property upon sueh eondi�ons as lender may
<br /> � detertnine. Any appflcation of Praceeds to indebledness shail no1 extend ar postpone the due date ot any payments under the Note, or cure � �
<br /> � • any defauit thereunder or heceunder.Any unapplied tunds shatl be paid to T►ustor. • ' .
<br /> � F131i8.LtA0(6/96) PapO 1 of 4 I . ' "_
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