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<br /> . ._ � MARCN .19 98 .byandamong `� . :`z". �
<br /> THIS DEED OF TRUST.is tnada as oi the 2 N D day oi� � : ti .` .
<br /> . • ':u` theTrustor. N O R M A N A. B U C K A N O B E T T Y J. BUCK, HUSBANO ANO kIFE � ' �_'_ -
<br /> , � � `. �� s - r
<br /> ^°�•�J ISLANb NE 68801 _(herein'Trustor.whatheroneormoce?. \r� .��...R ;:."+�;;'-:_:,.
<br /> , .. _ whose mai!'m9 address is ,��e,^`n e a a�H F �R.,�. _
<br /> � t�eTn,stee FIYE POINTS BANK, A NEBRASKA �QRPORATION ---
<br /> ' (herein"Trustee'�.an9 ' ,.,,;, ,.
<br /> `.f,..' ��ema3Angaddtessls P p BOX 1507 GRAND ISlRND NE 68802 _ _ _
<br /> . � .�. • �: --
<br /> _ . � :�"`�' FIVE POINTS BANK .. #`�'�_,
<br /> tf►e Beneficiaty. Y -
<br /> --. �.•, ._' .
<br /> - ` f'�:�, wlioserr�ailingaQdressis 2015 t�. BRQADWELL AVE. GRAND I5LAN0 NE 68803 (heretn'I.ende�. .( ;`�:�:
<br /> ` FOR VALUABLE CONSIDERATtON,tnctudirt Lende�s extenston of credit iderrtified herein ro : ��,
<br /> } � � ;:��� NORMAN A. BUCK ANO BET�Y J. BUCK t; ;., 'd'
<br /> (herein�Sflcrower,'whether one or more)and the trust hecetn cceated.the recej�t .�
<br /> ts.transfers,conveys and assigns to Tnisiee.IN TRUST.WITH ,��
<br /> � ' of whid� ts hereby ackncvuJeQged,T�ustor heraby irrevopbry gran �, :�;
<br /> . POWER OF SALE.for tt►e benefit and securiiy oi Lender,under and subject to the terms and conditions hereinafter set forth.the rea�
<br /> . pcaperty desaibed as foUows: ����.
<br /> ' LOT ONE (1) , BLOCK FIVE (5) REPLAT OF RIVERSIDE ACRES, AN
<br /> � � � AODITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA � :�.:_ �
<br /> , . -.��' ..��
<br /> `, .. . �.:,�� ts. rivi! es and a uRenartces � :::�-
<br /> , � ' �..�';: Together with all buildings.improvements.tlxtures.str+eets.alieys,Passa9eways.easemants.�igh D BS pp ,_ .�_-
<br /> ... ._. . - �a�ated thereon or in anywise De�ining thereW.and ffie rents.issues and profits,c�versfons and remainders ihereof.and secb Per- ',..'p'":`T -_
<br /> � , . � , sonal property that is attached to the a o°m �1����N any,�which ine�rests are he by reteased a d wa�dgall of fii�cA,inc�lad- „Q---
<br /> � - menk and Wgether with the homeste '���_°
<br /> ' i�g�eptacements and addiflons thereto,is hereby dedarod to be a paR of the real estate secuced by the Iten ot this Oeed of Trust and . �r_�_
<br /> ' � att of tha foregoing being reierred to herein as ffie`PropeRy'• �;�� �
<br /> � Thi�Deed ot Trust shall secure(a?the Dayment of the pdndpal sum and interest evlden M d�D�up�����2°�3 or credit agree- •.�;
<br /> ... . „�, .fiaving a matudry date of �� •;.�__a
<br /> • ment dateA „�:4�9� t Q 9 R _ - - •-
<br /> �. '�'��` �' in the aN�inal DdndAal amount of$ '�n nnn n� and any and a0 modiftc�tions.extensior►s and renewats ���,:.�� �': -3.�_.
<br /> thereoi or thereto an0 any and all tuture advanc�s and readvances to Bortower(or any ot them if more than one)hereunder pursuant �_�� ;t �
<br /> '.'.i, .•' to one or more prom issory n g t a s n��eirformance o a0hcovena�n'ts and ag ements of Trustnr set forth here n a d(�Prese�t a d w��__
<br /> . . protect the secumY af the Not .() P S :; :'_,�.�:.
<br /> future indebiedness and obligaUons ot Borrower(or any oi them if mOre than one)to Lender whether dir+ecl.indireci,absuluts or Ca�dR� ,
<br /> gent and whether a8sirsg by note,guaranty.oveMraft or othenivise.The Note.this Oeed ot Trust and any and all other Qocuments U�at , � .;�:_�:,
<br /> �.° ' � secure the Note or otherwise executed in connedion therewith.including without Iimitatlon guarantees,secudty agreements and �`--__ --
<br /> � - assigrtments ot teases and rents,shall be reterred to herein as the'Loan Insbuments'. �� ,.�`� �
<br /> Trustor covenants and agrees with Lender es taftows: _; , - .
<br /> � 1. Payment ot Indebtedness.AI!indebtedness secured hereby shail be pa10 when Aue. ;.: •
<br /> ' 2. Tit(e.Trusror is the awner ot the PropeRy,has the dght and authority W oonvey the Proparty.and warrants that the lien creat � �� ..
<br /> � • • ed hereby is a first and pdor lien���N�a d t e execuUon and deli ery othissbeed of Trust d e r not vtolate any con a o .- � . .
<br /> . ,. L e n d e r b e f o r e e x e c u d o n o i t h l s O e
<br /> ' � other abilgaUon to whfcfi Trustor is subject. , y .
<br /> � 3.Taxes.Assessments.To pay betore Qeiinquency all taxes,spocial assessments an�all other charges against fhe PropeRy
<br /> . � • • now ot hereafter levied. • .
<br /> . , . 4.Insurance.To keep the PropeRy insured agalnst damage by ftre,hazards inGuded within the term"extended coverage".and
<br /> � such other ha�ards as Lender mai��e�Lender.mn case ot�tosis u dersuoh poi�es�,the Lender/s suthonried to adjus�caldlect a d � .
<br /> ��� � � n a m e d I n s u r e d,w i t h l o s s p a y a b t e ln a l l or p a R o t t h e i n s u r a n c e p ro c e e d s p)t o a n y i n Q e b t edness .
<br /> compromise.all ctaims thereunder and shail have the option o1 app l y g . .
<br /> � , secured hereby and in such order as L�e�e��►o atodLendeir w�thout aNecU g the I en ot thts Oeedeot Trust fo rthe fuiiamounro e�ed .�
<br /> : • � . . � (iii)tor any other purpose or object sa ►Y .. . .
<br /> � � hereby before such payment ever took ptace.MY aPPBcaUons of proceeda to indebtedness shatl not extend or postpone the due Cate +
<br /> ot any payments under the Note.or cure any Cetauit thereunder or hereundor.
<br /> •. 5.Essrow.Upon wrltten demand by Lertder.Trustor shail pay to Lender,in such manner as Lender may deslgnate,sufficient
<br /> ' � sums to enabte Lender to pay as they become du ns ance required hereunder,aindl(i)the p e ums onaany moRgage ensugance ' ' „
<br /> ' t he P r o p e rt y, (i i)t h e premlums on the property
<br /> • required by lender. in oad condition and repair,shall _ ,: .
<br /> • � 6.Malntenanca. Repaire and Compilance with Laws•Trustor shatl keep the PropeRy g
<br /> . . , prompUy repair,or reptace any improvement which may be damaged or destroyad;shatl not commit or ppe�any waste or deteriora-
<br /> ' , tion o1 the Property;shail not remove,demolish or subslantiaify aiter any of the Improvements on the Pro e sha{I not Cammit,suffer
<br /> . or permit Tru to s costand expen e�allhie sr�encumb ancets and charg s e�v�ied,i posed orra�cces ed again tathe Pr perty or any •
<br /> ;� charge at •
<br /> :'� , part tilereoi. a�.si ned ail com0ensaUon,awards.damages and other payments or retiei(hereinafter ;
<br /> _�:.:_�_ .. . . �
<br /> . - - --�-- 7.Eu►is�er►t i1a;:taiss.l.e.:der is hergDy g '
<br /> _ � _ _ _--_
<br /> , 1mCHSi(NmeW+�.-ittlDm0lNer!A6 Ass�uSOnLr�ccb.NWlLU � ' "
<br /> _ � 0�490N.vaJlO.vuNC.�+^srmY�uslenOSa.� _ • .
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<br />, . . . t�A �i �� .._ . � .� u��R_�'�"{�:-�.�ll�i_Gi��.A' v.ix'_':�11._....
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