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<br /> � �� DEED OF TRUST WITH FUTURE ADVANC@S � �
<br /> FEBRLTARY ,19 97_ ,by and among '�
<br /> � TH13 DEED OF TRU3T,Ia mRde as of the 14th day of _ _
<br /> , ;;y� theTfUStO�, TFT'FRFY i RHFFKS AND T TNDA T SHF__F_KS. H�i4RAND AND 11IFE �
<br />�,:;.}:,.� ..
<br /> �'�' 3008 S. BLAINE ST., GRAND ISLAND� NE 68801 (herein"Trusto�',whether one or more),
<br /> _�;���. whos�malUng address is
<br />:.x?�rt+r�;:;-a
<br />-� =�W-. • the 7rustee FTVn POINTS BANK A NEBRASKA CORPORATTON
<br />.:'^'jY�.'}r'�
<br />��� -• •� whose mailtng e.ddreag is p n nnv �Sn7 rnnNn TCT_A1L11.� ruE FR �-15n7 _(hereln"Trustee"),and
<br /> ---_-��_-.
<br />�w�i;:�� the eenaficiary, FIVE POINTS BANK
<br /> ___�'� whoso maiNng address is 2p�� N Rg0 nl�wFT T ti-�R A n rGI,�;I1, NF 6A80 _ (hereln"Lendo�').
<br />,-=s,��,�� FI'IC� INC. AND
<br />�-_�� FOA 1/ALUABLE CONSIDERATION,including Lender's oxtension of credit identifled herein to
<br />_;^� ,� DAVYD L. LARSON AND CATHERINL� Al. �ARSON ANA JEFFR�Y L SHEEKS AND LINDA L. SHEE S,
<br />---- ALL AS COMAKERS (herein"Borrower,^ whether one or more)and the t►ust herein created,the receipt
<br /> _-��K��� of which la hereby acknowledged,Trustor hereby irrevocably grante. transfers,�onveys and essigns to Trustee, IN TRUST,WITH
<br />__,.�;w.�� POWER OF SALE,tor the beneflt and security of Lsnder,under anu suti�ect to ihe ierms and i��wiii���s�sre�natiar a.:i tot!!s,!ts°,rr..°I
<br /> - --- Properry descdbed as tollows:
<br /> -�- :�;�,:? .1TTACHED EXHIBIT "A"
<br /> Together with ail bui{dings,improvemente,Hxtures,streata,alieys.passageways,easements,dght�,pdvi{eges and appurtenancea
<br /> located thereon or in anywise pertaining thereto,and the renta,issues and proflte,reversions and remainders thereof.and such per-
<br /> sonal property that is ettached to the Improvements so as to constitute a fixture,Including,but not Ilmited to,heating and cooling equip�
<br /> ment;and togather wlth the homestead or medtel(nterest�,if any,which interests are heraby released and waived;aii of whicfi,fnclud-
<br /> Ing repiacements and additions thereto,Is hereby dectared to be a pan of the real estate securad by the Ilen of this Deed of Truat and
<br /> sll of the toregotng being referred to hereSn ea the'Propert�'.
<br /> This Deed ot Trust shatt secure(a)the payment of the pdnctpel sum and Interest evidenced by a promisaory note or credit agree-
<br /> ment dated F1�RRitARY 14�.1997 ,having a maturity date ot MAR�H 3��1997 AND ANOTHER
<br /> NOTE DATED FEBRUARY 14. 1997 HAVING A MATURITY DATE OF FEBRUARY 14. 1998.
<br /> in the odg(nal pdncipal amount ot$ 2�0 09 00 , and 9ny and all modlflcatbns,extensiona enri renewals
<br /> thereof or thereto and any end ali tuture advances and readvences to Borrower(or any af them if more Man one)hereunder pu�suant
<br /> f����- to a::s or men+prlmlAa^r►^Qtes or credit agreementa(horein called`Note");(b)tho payment of othor sums edv�nced by Lender to
<br /> protect the securfly of the Note;(o�the pertormance of all a�venants and agreements ot Trustor sat forth nerein;and(dj aif Ninan��4 sr�
<br /> future Indebtedness and obligatlons of Borrower(or any of them if more than one)to Lender whethor direct,indirect,et�solute or contln-
<br /> - gent and�nrhether arlsing by note,guaranly,overdraft ar othenvise.The Note,thls Deed of Tnist and any and all other documents that
<br /> secure the Note or otherwise executed in connection therewith,Including withaut Ilmitatlon guarantaes, securtty agreements and
<br /> � assfgnmente of letsses and ronte,shall be retened to herein as tha'loan Instruments".
<br /> —= Truator covenants end agrees wlth Lender as tollows:
<br /> _� 1. P�yme►t of Ind�M�dn�ss.All indebtedness cecured hereby shall be paid when due.
<br /> - 2, TiW.Trustar is the owner of tPoe PropeRy,has the right end authority to convey the Pn�perty,and warrants that the Ilen creat-
<br /> _ -- ed hereby la a flBt and prior Ilen on the P�operty,except for Itens and encumbrances set forth by Trustor in wdUng and delivermd to
<br />
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