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<br /> - -� � , DEED O�TRUST Wf7H FIJTUItE ADVAAICE� — . -�. �/,� _
<br /> . , . . . ;./`'
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<br /> TFIIS DEED OF TRUST,�s maae as o�me 3rd day of MaPC h .19 98 •by and amoag ��,,
<br /> . : " ��. . `.t
<br /> � lheTrustor. Gewdld E Mannina and tharnn � Mann4n.g� hpch�nd and arifr� -.�— • _`ry N�-
<br /> . . . �� -.n �-
<br /> whose mailing address is 3999 t� Capital A ve GPand Isiartd. N E 69803henein'Tnistor,whether ona or moce). ��=• "'�''; __
<br />- , me7rustee five Points Bank a Nebraska C�noration '��F ��.��.��,���-�
<br />� whosemaiMgeddressis p n a�x t�n� rra.+a T����d KE 68802-15A7 - (heretn'Tn�stee7.and �' ���':' �":: --
<br /> � � the Benefic�atS►.�.Vp Dnintc Ba n k �.� --_
<br /> _ . � r-� whosemailingaddressfs •s��ir �� n..,.;�w...,,r Av2 0 (`ran�l IS�rdlidy NF 6figfl� (herei�'Le�d�. ' _ �
<br /> • •`,� FOR VALUABLE CONStOERATION,inctuding Lende�s extension of credit identified heiein to re�ia C Man ning, �
<br /> , . ., -�-�x::�s=
<br /> . - 'f;�? -°` t.v�`.F.__=.
<br /> �9 (herein'Bomawer;wheiher one or more)and the bust Ferein aeated fhe recetpt ,•,,,t,,_�.•..rt
<br /> _ ._ ., � ot which is hereby admowtedged Tn�sOor hereby ircevocatrly grants.transFers.conveys and asstgns tn Tnistee.IN TRUST.WfTH �..,�:;e:r
<br /> , � • POYUER OF SALE,fir the banefit and security oi Lender,under and subject to the terms and conditions hereinafber set torth.Ure aeal �'a��-.
<br /> . . '' propert�l described as follaws: • • ,. �+-i.�:—
<br /> ' �� Lot One (1), Northwest Subdivisfon to the City of Grand Island, Hait s"�:
<br /> �. ,�
<br /> . . , . Coanty, Nebraska. —
<br /> :. ;;`_
<br /> •.; :�:.�.:
<br /> � � • Tagether with afl buifdings.Improvements,fixtures,streets,alleys,passagevuays,easemenb,dghts.pm�eges and appurtenanoes • � s :,�}�_
<br /> � . • located therean or in anywise pertain(ng thereto,and the rents,issues and profrts,reversions and remainders thereof.and sucb per- ` � •..�;.;�°
<br /> � .: sonal pmperty that is attached to the improvemerds so as to con5:.tute a tixhire.inctuding,but not limited to,hsating and cooling eqWp- - � ' _
<br /> � � � ..�_.
<br /> � : :,: .:--
<br /> _-.' : .. ..- men�and togeUfer with the homestead or marita�interests,if any,which Interesta are hereby reteased and waived;aU of which,ino�ud- .' ,�� " ;���-
<br /> � , ing repiscements and additions thereto,is hereby deGareA to be a paR of the real estate secur e d by the lien of this Deed oi Tnist and ,°, ,=�
<br /> I�' all oi the foregoing being refemed to herein as the°Property'. . � "�--
<br />- , � •� Thfs Deed oi Trust shali secure{a)ths payment ai the principal suon and i�terest evldenced by a promissory note or credit agt�ee- , ��!�''=`.
<br /> � , �.`'• ment dated M aNr h �� 1�$ .having a maturityl data of • ___-
<br /> • . - .�` _ . ,_�
<br /> . �•l in the odginal pdncipal amount of$ 4,053.58 .and any and all modffications.extensions and�newats , ;�,�
<br /> ' thereof or thereto and any and all future advances and readvances to Borrawer(or any ot them ii mora than ane)hereunder pursuant —
<br />• � } to one or more promissory notes or credlf agreements lherein cailed'Note'j;(b)the payment ot other sums advanced�y Lender to '.�"_
<br /> � •; protect the securlry oi the Note;(c)the perbrmance oi atl covenanb and agreements ot Ttustor set foM hetein;and(d)ail present end . '•=`
<br /> .t �a�.
<br /> -�•" � .. . future��ebtedness and obligaUons of Bocrower(or any ot them N more than one)to Lender whether direct,indirect,absoiute or oontln- . :';;;.•.;;,
<br /> - ' '' gent and whether arising by note,guaranry,overdraft or otherwise.The Note,thts Oeed of Trust end arry and a0 other doqrmenb that
<br /> secure the Note or otherwise executed in connection tfierewith, including without UmitaUon guarantess,securiry agreements end , . . .-
<br /> " . • • asslgnments of leases and rents,shail ba referred to herein as the'Loan tnsVUmerds. � . . . �
<br /> � Trustor covenants ana agrees with Lender as follows: � • .
<br /> - 1. Payment of Indebtsdness.All indebtedness secured hereby ahail be paid when due. � '. _• •
<br /> �', : � � 2. Tltte.Ttustor is the owner of the Pro�sriy,has the dght and authority to convey the Property,and warrants that the lien creat
<br /> . , ' . ed hereby is a first and pdor Nen on the Property,except for Itens and encumbrances set fortb by Trostor in wriUng and delivered W . ._ .
<br /> � . Gender before execc,t�n of this Oeed oi Trus�and the execution and detivery of this Oeed oi Trust do�not violate arry contract or
<br /> :;� ' other obliga8on to�r�:ich Trustor Is subJect. :
<br /> 3.Taxes,Assessments.To pay betore Gelinquency all taxes,special assessmenis and all other charges agalnst the P�operry .
<br /> . � now or hereafter IevJed. �
<br /> 4.(osurance.To keep the Property insured against damage by flre,hazards included within the term'extended coverage,and
<br /> '�.,. . �ucb other ha�rds as Lender may requira,in amounts and with wmpanies acceptable to Lender, naming Lender as an additional . _
<br /> • name0 insured,with loss payable to the Lender. In case oi loss under such poliGes,lhe Lender is authorized to adjust,collect and , • „
<br /> .'r;:. " .
<br /> compromise,all claims thereunder and shall have tho opUon ot applying all or pad oi the insurance proceeds(i)to any indebtedness � .
<br /> � • I secured hereby and ln such order as Lender may determine,(ii)to the T►ustor to be used for the repalr or restoration of the Property or • •
<br /> � � (iil)tor any other purposa or obJect saUsfactory to Lender without aNecting the llen o!Mis Deed of Trust for the full amount secured • . .
<br /> ,`� hereby before such payment ever took place.My appllcaUons ot proceeds to indebfedness shall not extend or postporse the due date
<br /> . ' � oi any payments under the Note,or cure any defautt thereunder or hereundet. . •• � �
<br /> ' � 5.Eacrow.Upon wHtten demand by Lender,Trustor shatl pay to lender,in such manner as Lender may designate,sufficient
<br /> . � sums to enable Lender to pay as they become due one or more of the following:(i)all taxes,assessments and other eharges agairtst
<br /> , � the Proparty, (ii)the premiums on tha property insurance required hereunder,and (iii)lhe premiums on any moRgage lnsurance
<br /> ... � required by Lender. •
<br /> • 6. Malntenance, Repairs and Compl{anee with Laws.Trustor shall keep the Property in good condition and repair:shall
<br /> ' prompUy repair,or replace any improvemant which may be damaged or desVOyed:Shall not commit or perm+t any waste or detedora- �. •
<br /> � tlon of the PropeRy:shall not remove.demotish or substantialty alter any ot the Improvements on the Property;shail not commit.saffer
<br /> ��,' � or pertnit any act to be done in or upon the Property in violaUon ot any law,ordinance,or regulation:and shall pay and prompUy dis-
<br /> • f charge at Trustors cost and expense ae liens.encumbrances and charges levied.imposed or accessed against the Property or any
<br /> . � paA thereof. w .
<br /> ' � 7. Eminent bomain. Lendar is hereby ass�gned all compensation,awards,damages and other payments or refief(hereinafter
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