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<br /> .. . .• � DEED 0�TFt6lSY WITH FUTURE ADVANCES ' �� �G,���
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<br /> ` �- - . TM�soemoFrnusr.�smaaeasotme 2ND �y� MARCH .19 98 .byartdamong �
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<br /> -= � " ' •� '.= theTn�stor. ANTHONY J GAUTHIER AND 1+IORMA JEAN GAUTHIER, NUSBAND AND WIFE g„�; ;;.``:`,r;�:;s,
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<br /> �'{ f Y c whose maIIin address(s 2124 W K O E N I G G RA N D I S L A N D N E 6 88 01 (herein'Trusror,whether one cr more), c, '"" �
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<br /> �����` � .�. -� me7n,soee FIYE POINTS BANK A NEBRASKA CORPORATION . -_`
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<br />- ' wnosema�ingaddressis P d BOX 15�7 6RAND ISLAND N� 68802 (herein'irustee�,an0 . -.
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<br /> x '- . theeeneficiary. FIVE PQINTS BANK :, --�
<br /> - � ' " whosemaitingaddressis 2015 N. BROAflWELL GRAND ISLAND NE 68803 (hecein'Lende�_ � �;*.r ,;`:�:�:
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<br /> .`,: "� � ,�` �.: FOR VALUABLE CONSlDERATION,indudirtg lenders extension of credit Idantifled herein bo ' � �.T�
<br /> ' � ANTHONY 1 GAUTHIER AND NORMAN JEAN GAU7HIER '����� ��,•�':�:��".;-
<br /> � • ` �~�-u (herein"Borrower;wiiether one or morej 8nd the trust herein�eated.tt�e receipt '- �: •��-=�
<br /> - � ' of which is hereby aclmowtedged. 7custor hereby irrevocabty grants,transfers,comeys and assigns to Trustee, IN TRIfST,WITH � :;'��.�
<br /> . � POWER OF SALE,for the benefit and secarity of Lender,unQer and subJect to the terms and conditlons heretnaRer soi fiM,tha real d .' �—»�
<br /> Property desaibed as fo!lows: `,.� ��
<br />��; �,. . �:.i I N F R A C l'I D N A L B L O C K S E V E N (7), I N I r�O Q D B INE ADDITION . � —
<br /> FRACTIONAL 107 SIX (6), � ,•-�-
<br /> ,,,; , AN D I T S C O M P L E M E N T, 7 0-W I T: F R A C T I O N A L L O T S IX (6?, IN fRACTIONAL BLOCK �:'�. �. ;
<br /> • . r�. . � SEVENTEEN (17), IN MORRILL' S ADOITION, BOTH BEING ADDITIONS TO THE CITY OF 6� '----
<br /> AL� ���1N�Y NE BR��s ys, 8 Ys� �"-�.�
<br /> = . . GRl��ett�t��O'r���Buil�n�, m em nt�fi�idfres,� aile passa ewa easements,rights,priviteges and appurtenance.s
<br /> i;�'; . ., located thereon or in anywfse pertaining thereUc�.and the rents,issues and profits,reversions and remalnders thereof,and sa�per- � � •� �:�
<br /> - �-" " � sonal property that ts attached to the impravements so as to cvnstitute a fbchire.inctuding.but not Iimited W,heatlrtg and cooting equfp- , -:
<br /> � men�and together witb the homestead or madtal interests.ii any,which interests are hereby released and waived;ap otuv�ich,includ- • � _ .�_�
<br /> ,. . • Ing replacemenb an0 addiUons thereto,Is hereby dedared w be a part�t the real estate secured by the Iten oi this Deed of Trust and � r � .,,��,�
<br /> . � ail oi the foregoing being refemed to herein as the'Propery/'. :•x-
<br /> This Deed of Trust shaN secure(a)tho payment of the pdncipat sum and interest evidenced by a promissory note or cxedil egree- �.r•i�:
<br /> -.. m e n t d a t e d t�I A R� 2. 1 9�8 havin gamaturitydateot tNARCH 15, 2002 . - �
<br /> `` �' . ' in the odginal prtncipai amount o9$ 12.051.00 .and arry and all modiflcaUons,exte.nsions and renewals � ,,, _.��: ____
<br /> � lhereoi or thereto and any and all future advances and readvances to BoROwer(or arry of them H mare than one)hereundsr pursuant � . �:
<br /> - �� to one or more promissory aotes or credit agreements(herein qited'NOte�;(b)the payment of other sums advanced Dy LenQer to • ,��
<br /> • protect the secudry oi the Note:(c)the performance ot all covenants and agreements of TNStor set foM herein;and(d)a!!present and _____ _____
<br /> ' � futLre indebtedness and obligations oi Borrower(or any of them it more than one)to Lender whelher direct,Indirect,absolute arconUn- � :._�
<br /> � � � gent and whether adsing by note,guararrty,overdraft or othervvise.The Note,this Oeed oi Trust ertd arry and all other dacuments U�at :�•-�=°• - .---
<br /> ' ' secure the Note or otherwlse executed In connectlan therewith, lnciuding wlthout limitation guarantees,secudty agreements and .
<br /> `�s ; � • assignmenb oi leases ana rents,shatl be referred to herein as Une'Loan Instrument�'. •
<br /> � � • Trustor covenants and agrees with Lender as toAows: '
<br />. ' " 1. Payment oi fndobtedness.NI indebtedness seaired hereby shall be paid when due. -
<br /> • 2. Tltte.Trustor is the ovmer oi the Properly,has the right and authority to wnvey the Property,and warrants that thq tien creat �
<br /> • ed hereby is a first and pdor lien on the Property,except for liens and encumbrances set forth by Trustor in wriUng and detivered to ...
<br /> . l.ender before executlon ot this Deed of Trust, and the execuUon and delivery oi this Oeed of Trust does not violate any conlrad or
<br /> � ° . other obllgaUon to which Trustor is subJect. • . '
<br /> � ' 3.Taxes.Assessments.To pay before delinquency ail taxes,special assessrrienis and all other charges against the Properly
<br /> :� ,,. . naw or hereafter levled.
<br /> � 4.Insuranto.To keep the Property Insured against damage by flre,hazards included within the term'extended coverage',and . . ��
<br /> • . ` such other hazards as Lender may require,in amounts anC with companies acceptabte to lender,naming Lendet as an addiUonal
<br /> � � named Insured,wlth loss payable to the Lender.In qse of loss unQer such policies,the Lender Is authorized W adJust.oolteat and
<br />_ . compromise,aU ctaims thereunder and shail have the opUon ot apptying ail or paR of the insurance prooeeds(i)to any indeDtedness �
<br /> � � secured hereby and In such order as Lender may detertnine,(ii)to the Trustor M be used tor the repair or restoratlon ot ihe Property or •.� ,
<br /> � � (iii)for any other purpose or obJect saUstactory to Lender without aHecting the lien o!thia Deed of Trust for the full amoun!secured .
<br /> � hereby betore such payment eve►took piace.Any epplicaUons of procosds W indebtedness shall not extend or postpone the due Cate �
<br /> .. , � • � • i of any payments under the Note,or cure any detault thereunder or hereunder. . '
<br /> . , 5.Escrow.Upon written demand by Lender, Trustor sha�l pay to Lender, In such manner as Lender may designate,suffiGent
<br /> . sums to enabte lender to pay as they become due one or more ot ihe totlowing:(i)all taxes,assessments and other charges agalnst
<br /> � � �• the Property, (ii)the premiums on the property insurance requfred hereunder.and (I�i)the premiums on any rr.crtgage insurance �` � .
<br /> � required by Lender. " , .
<br />°*1`,.• ' � 6.Malnte�anee, Repairs�nd Compltanto with L.�vrs.Trustor sfiatl keep the Proparly in good oonditlon and repair, shail
<br /> " ' promptly repair,or reptaoe any improvement wfiich may be damaged or desVoyed:shail not commit or pertnit any waste or deteriora- , .
<br /> , � � ' , tion e!ths Property;shall not remove,demolish or substantially aiter any ot the improvements on the Property:shail not commit,suffer .
<br /> :.�, � or permit any act to De done in or upon the Property in vlotaUon of any law,ordinance,or regulation:and shat!pay and prompt[y dis-
<br /> . . � charge at TrustoPs cost and expense ail liens, encumbrances and charges levied,impused or accessed against tAe Properiy or any
<br /> part thereoi.
<br /> ..� � : 7.Emtnent Oomain.Lender is hereby assigned ail oompensation,a�vards,damages and other payments or retief(hereinafter
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