|
:� �
<br /> ..�,
<br /> � :.
<br /> .. .
<br /> .... _.. . , ,. .�
<br /> .,�.. ,, ,
<br /> uk�i� /� ' ' "' 's '. ..... __._. ..... ...: ... .... .... . . .. .___. .. —_......--- 'Vy.,.-.: _
<br /> �.
<br /> _,.
<br /> . .. ... ` � -
<br /> .a'4C-er�HNtl l�LUULrL'a�,::__.__..... .., .. .. -•. y��
<br /> .. .... . , °
<br /> , ' '' "" if�:�.•—'--
<br /> ��..._
<br /> ,ti � m z �-
<br /> m `
<br /> (1 � �� (' � � `�U -NI � �
<br /> . � a � � 1� � Z � �. ,�
<br /> ' � � � •, v � � -� m y �
<br /> .� � � (o
<br /> � . ` N U O g
<br /> .i .. � � J (I � �� T. F-� y' .
<br /> , . W � .= r,, '
<br /> � ,, ��\� � s W o a�.,
<br /> i�l I" U c'�
<br /> C -� .� � f- j> ��C'
<br /> � •, �` t=� � � j
<br /> -�...� .� 0 v
<br /> � Q � �i
<br /> .,� „,��p . � t'-
<br /> DEED OF TRUST WITH FUTUR�AOVANCES �
<br /> + __--
<br /> r ,�g by and among� � .:'�
<br /> THIS DEED OF TRUST,is made es oithe __20th day of Febrsar� -�—� G =
<br /> � the Trustor, � �'�`_Lr
<br /> . ., .. (herein'Trusto�',whether one or more), \ _
<br /> � whosemsinngeddressis 4020 W 13th St . Grand Isl_and� NE 68803 _
<br /> R<--
<br /> �` cneTn,scee �jve Points Bank. a Nebraska Corpora�ion. �;;�_�
<br /> '�;sr.r-_
<br /> � whose mailing addressis P.O. Box 1507. Grand Is��d NE 688Q2-150j (herelnTrustee`),and =``
<br /> l ~ �1�':•L•_�
<br /> �. the Beneticlary, =_:_ _
<br /> ���.
<br /> .. whose mailing arldress is _ (herein'Lender). �"`"--
<br /> �_--
<br /> r.;-
<br />_ FOR VALUABLE CON�IDERATION,Including Lendorsextension of credit identifled herein to •
<br /> '� f here n'B wer, whether one or rnore)and the trust herein created,the receipt
<br />`- � oi which is horeby acknowledged, Trustor hereby inevacebfy grants, transiers,conveys and essigns to TnisSee, IN TRUST,WITH
<br />�:�.'��'" „ .,� , POWER OF SAIt,for tne uenei�t and securi'ry oi ta�iu�si,����or$rd aubj:,c!!a:hs�°^��n�^^ndlrl�na hereinafter set forth,the resl
<br />_'• property descdbed as tollows:
<br /> r:;:`'�," ,� Easterly 48 feet of Lot Ten �10) in Block Eiqhty-Seven (87) in Wheeler and
<br />����;,_: . ;:,':';:, Bennett's Fourth Addition to the City of Grand Island, Hall County, Nebraska.
<br />`:;.,��.
<br /> .r,
<br />=:�.:;�' ,,<: '
<br />-,�+a.i�t^�� � Together wtth ail buftdings,improvements,flxtures, sUeets,aileys,passageweys,easements,rights,p�ivileges and appu�tenances
<br />���;:,�,�;r: located thereon or in anywise perteining thereto,end tt�e rsnb, issues and profits, revarsions nred remeinders the�eof,and such Fer-
<br /> �:�� sonal property that is attachod to the improvements,o as to constitute a fixture,inctuding,but not Iimited to,heating and cooling equip-
<br />��„"�=�== ment;end together with the homestead or maritel interests,if any,which interests are hereby released end walved;all of which,Includ-
<br />-°-"°°�:"= 4•.`* Ing replacemonts end eddilbns thereto,is hereby declared to be e part oi the real estate secured by the Ilen of this Deed ot Trust and
<br />?�����-'�.�,� ell of the foregoing being teterred to hereln as the`Propert�'. -`
<br />-'-_-�=_'�• This Deed of Trust shall secure(a)the paymant of the pdncipel sum and interest ovldenced by a promissory note or credit agreo-
<br />-��;�-�,-;� mencdacea_ February 20. 1997 ,hevingematuRtydataof Febr ary 20. 2002 ,
<br /> =�eas-�.`I;LK^`.=e�.�
<br />__�,��� In tho original principal 9mount of S 33,210.00 ,and eny and ell modiflcatbns,extenslons and renewals
<br />___...�,.�� therejof or thereto and any end all futura edvances and readvances to Borrower(ar any of them if more than ane)horeunder Rursuent -
<br /> ---- .s, fo one or more promissory notes or credit egreements (hereN catled'Note'):(b) the payment of other sums advanced by Lendef to
<br /> -------__�;�� protect tne securify of ihe Noir�;(c)ti�e�,n��crmancs ot�A coven�nis snd egreemP�te of Trustor set torth herefn:and(d)all present and __
<br />- �-- -- future Indebtedness and obligaUons oi Borrower(or an�v ot them if moro than one)to Lender whether direct,indirect. absoiute or contin-
<br /> _ ��ti„+;�3'-,.L;�i gent and whether arising by note,guaranty,overdraft or olhenvise.The Note,this Deed ot Trust and any end all olher documents that
<br /> ,�.�:.- �-„�� secure the Noto or otharwlse executed in connection therewith,Inciuding without Iimilation guar�ntees, secudty agreements and
<br /> ".�;F���� assignments of leases and ronts,shell be referred to hereln as the'Loan Instrume�ts'.
<br /> =--��_;, .• Trustor covenants and agrees wlth Lender es follov�a:
<br /> _--.t__ •• 1. Payrtnent oi Indebtodness.All indebtedness secured hereby shali be paid whan due.
<br /> --��'�� � 2. 7it�e.Trustor Is the owner of the Propertyr,has the right end authority to convey the Property,and warrants Iha4 the Iten creat-
<br /> __ .- ,�
<br /> -` . -� ed hereby Is a flrst and prior tlen on the Property,except for Ilens end encumbrances set torth by Trustor in writing end detivered to
<br /> ••� Lender before execuGon of thls Deed of Trust, and the execution and delivery of this Deed ot Trust doeo not vlofate any contract or c_
<br /> other obligetlon to which Tmstor is subJect. _—
<br /> � 3.Taxes,Asseaamen4s.To pay betore dollnquency atl taxes,speclal assessments and all other charges against the PropeRy _
<br />- now or hereaftor tevied. =-
<br /> - � 4.Insurance. To keep the Property insuted against damage by flre,hazards Included within the tertn"extended coverage',and �^__
<br /> ' " ,� such other haaards es Lender may requfre,In amounts and with companlos acceptable to Lender,naming Lender as an additional 4�
<br /> named Insured,with los�payable to the Lender.In case oi loss under such pofiGes. the Lender is authorized to edjust,cotlect and ��;:
<br /> � � compromiso,all claims thsreunder and shall have the optlon of epplying atl or part of the insurance proceeds(q to any Indebtednes.5 �_,_;;
<br /> ' t secured hereby and in such order as Lender may determine,pi)to the Trustor to be used for the repalr or restoraticn oi the Property or a=�_
<br /> . (Itl)for any other purpose or object satisfactory to Lender wilhout affecting the lion of this Deed of Trust for the fu�amount secured .�T''.
<br /> . _: --- ,,_
<br /> hereby before such payrnent ever took place.Any epplications of proceeds to Indebtedness shall not extend or postpone the due date
<br /> - - -- ••-•
<br /> of any payments unaer me ivoce,or cure any de"rami meinu�ivai vi iicicuiiuoP. _-_—
<br /> 5. Escraw. Upon written demand by Lender,Tn�stor shall pay to Lender, in such manner as Lender may dosignato, suffiGent ,
<br /> � sums to enable Lender to pay as they become due ono or rnore of the following: (i)all t�xes,essossments and othor ct�arges egalnst
<br /> the Proporty, (ii) the p�emlums on the property lnsurance requlred hereunder.and (III) the p��emfums on any rnoRgage insurance
<br /> - required by Lender.
<br /> 6. Meltetena�co, Repalre and Compllanco with Laws. Trustor shall keep tho Property In gaod condl8on ond repafr; shali
<br /> promptty repair,or repiace any improvement which may bo darnaged or destroyed;shall not commit or pertnit any waste or deteriora-
<br /> tion oi the Property;shall not romove,demolish or substantially alter any ot the fmprovements on the Proporty:shell nvt commit,suNer
<br /> or permit any act to be done in or upon the Property in viola6on of any law, ordinance,or raguletion; and shal!pay and promptiy dis-
<br /> charge at Trustor's cost and expense eii Ilens, encumbrances and charges levied.imposed or accessed egafnst the Property or any
<br /> .� part thereoi.
<br /> ,, ' 7. Eminent Domaln.Lender is hereby assignad ell compensoHon, ewards,damages end other paymonts or reliet(hereinaftor
<br /> �I �:oe�v�Mwv.�e�r�o w�ie«vae
<br /> o�veewwwowdca�wro•oNro�anas,rv,p�ns,ocuiw l.�M�+ea�w {
<br /> `.. � .� J
<br /> — � _ . _. . . _. . . .. . ..._. .. _.
<br />
|