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<br /> . ` . D�D A�r TRUST WfTH F'UTURE ADVANCES '' '�.. .`�• �
<br /> � h..:� ks , r' .�Jr._t..
<br /> - .. .. . � , i,_r�:�
<br />, - . ._._._ �." THIS OfED OF TRUST.is made as af tAe 12TH �y� MARCH .19 98 .by and among��� ' : ;
<br /> _ ,_
<br /> theTrusoor. JEROME A KROLIKOWSKI AND DEAKNA M. KROLIKOYJSKI, HUSBAND AND 41IFE " ' ���=-=
<br /> .. � . : " � , : _
<br /> ' � � ��e�� ��� 6517 W. HUSKER H41Y. ALDA RE 68810-9665 (herein'T�r.whetheroneormore). "`�k .-
<br /> . '�� 9 �
<br /> • ' ` r theTruste9 FiVE OnINTS BANK� A NEBRASKlLCO PORATION ' �-'-'Y'�`�`__
<br /> � � whose mail(ng address is P d BOX 1507 GRAND ISLAND NE 68802-1507 (herein'Tnistee'),and ` ' ` ' :
<br /> `' ---
<br /> � � � theeenefidary, FIVE POI TS BANK " �-��t" ` _ _
<br /><'": ,.;, :, . y�` �-�..t_._.�
<br /> , —-. .�- -'•--�:r� whose maiTmg address is 2015 N. BROA04JELL AYE. GRAND ISLAND NE 68803 (herein°t_ende�. __-
<br /> � � '��. � FOR VALUABLE CONSiDERATION,inctuding Lender's extension of aredit identlfled heretn to .-''_�=F
<br />,;- . � � JEROME A KROLIKOWSKI AND DEANNA M KROLIKOWSKI - -�-_�
<br /> ' (herein'Borrower,"whether one or mow)and the trust herein c[eated,the receip! ,�=�'`_._'_.
<br /> � - '. . of welch is hereby ac#mmnrledge0.TrusWr hereby(rrevocabty granis.transfers.conveys and assigns to Tnistee.tN TRUST.WITIi '
<br /> ' POWER OF SALE,for the benefit and sec�rrity of Lender,under and subjed tn the Uem�s and conditions hereinafter set forth,the real _-_ _
<br /> •� proyeRy Qescribed as foltows: �•=r'; -
<br /> ` THE SOUTHERLY SEVENTY-ONE FEET (S71') OF LOT FIVE (5), BLOCK TEN (10), IN THE ��='°'_
<br />`�:`,.�- � � -. � QRIGINAL 70WN OF GRAND ISLAND, NALL COUNTY, NEBRASKA -_ - _
<br /> � . . . .��. -
<br /> , Together wiU�ail buildings,improvements,flxtures,streets,alleys,passageways,easements,dghts,pr&ileges and appurtenances � ^;J�-.,��j__
<br />-, � : ; lac�ted thereon ot in anywise pertaining thereYo,and the rents,fssues and profits,revarsions and ramairMers thereof.and such per- ���•��: - :� �
<br /> sonal property that is attacfied to the improvements so as to wnstitute a fixture,indu d ing,bu t no t l im i t e 0 to,heaUng and 000l(ng e qu1� `h` �- --
<br /> �--� - ; �' men�and together vufth the homestead ar marltal interests,if any,which interesfs are hereby released and weived;all of whicf►,includ- ;.`"�=s•_
<br />_ ing replacements and add(tions ther�to,ts hereby aectared to be a part of t�a real estate secured by tha i[en of This Deed oi 7ntst and �.��__-.
<br />.. �• � atl ot the foregoing being referred to herein as the'Propertyr. �-
<br /> � • This Deed oi Trust shafl secure(a)the payment ot Ne ptincipal sum and Interest evidenced by a promissory note or credit agre�- . � �.''.�__
<br /> � m e n t d a t e d M A R C H 1 2, 1 9 98 ,havin g a maturt ry data ot MARCH 15. 2003 . . ��.
<br /> - • •• in the originat principaf amount ot$S,p ,p,p��A .and aey and all modifiqUons,extensions and renewats _� �;����.
<br /> ' ' ' �' thereof or thereto and arry an0 atl future advances and readvances W Borrower(or any of them if more than o�e)hereander pursuant .-• °--"--�
<br /> -� . to one or more pmmissory notes or cre�t agreements(herein called'Mote�;(b)the payment of other sums advanced by lender to :''�Y,'����'
<br /> - protect the security oi the Note:(c)the performance o1 alt oovenants end agreemenb of Tnistcr set forth here(n:and(d)ail present and � . . _ _�°
<br /> �- -.^-- future Indebtedness and obiigaUons ai Borrower(or any ot them if more than one)w Lender whetfier direct,indireci.absotute or contln- = F
<br />. gent and whether adsing by note,gua►anty,aveN�eft or otherwise.The tJote,this Deed of Trust and any and ail other documents that , �t_ '
<br /> • ' secure the Note or otherwise executed in connection therewith, including without IimitaUon guarantees,security agresments and =--
<br /> . "�
<br /> � °� assignments oi teases and rents,shalt be reterred to hereln as the"Loan Inshumenb'. �`���-°=Y=•-
<br /> '�'' � . Trustor covenants and agrees with Lender as folfows: . '`.
<br /> - •• � 1. Payment of Indebtedness.A(1 indebtedness secured hereby shail be paid when due. ` .
<br /> - � 2. Titte.?rustor ls the owner of tfie Property,has the rigM and authority to convey the Property,and waaants that the Ilen creat • �
<br /> � ed hereby Is a first and prlor Ilen on the Property,except for liens and encumbrances set torth by Trustor in writing and deilve�ed to ` � .
<br /> • :•, Lender before execuUon ot this Oeed of Trust and the executlon and delivery ot this Oeed oi Trust does not vlofate any oontract or ,
<br /> . , other obiigaBon to which Trustor is subjec�
<br /> . . • ' , } 3.Taxes,Assessments.To pay before deitnquency ati taxes,special assessmenta and al{other charges against the PropeRy . ` . .
<br />� . ' now or hereafter tevied. -
<br /> : .� 4.Insurance.Yo keep the Property insured against damage by flre,hazards inctuded w(thln the term'extended caverage',and •
<br /> � such other ha�rQs as Lender may require,in amounts and with companies sccepta6le w Lender, naming Lender as an addiUonat ' .
<br /> named insured,with loss payable to the Lender.In case of toss under such poliGes,the Lender is authodzed to adjust,collect and • • • •
<br /> . . � compromise,all claims thereundar and shail have the optlon of apptying all or pgrt oi the insurance proceeds(ij te any indebtedness
<br /> • , . , ' secured hereby and in such order as Lender may de2ertnine,(ii)to the Trustor to be used for the repair or restoration of the PropeAy or �
<br /> � (iii)for any other purpose or object saUsfactory to Lender without aNecting the Ilen oi this Deed ot Trust tor the full amount secured � • . � �
<br /> • ' • , heraby before such payment ever took p�ace.Any applicaUons o}proceeds to indebtedness shall not extend or postpone the due date �
<br /> � of any payments under the tVote,or cure any Cetault lhereunder or hereunder. •
<br /> • � �� 5. Fscrow.Upon wfltten demand by Lender.Trustor sha11 pay to Lender,in such manner as Lender may designate,sufflGent . •
<br /> • � .� . } sums to enable Lender to pay as they become due one or more o1 the foltowing:(i)all taxes,assessments and other charges against • .
<br /> ' .' � the Property. 111)the premtums on the property insuranco requlred hereunder,and(iil)the premiums on any mortgage insnrance . - .
<br /> � s required by Lender. �
<br /> ' ' � 6. Maintenanca, Repairs and Complianco wtlh Lav�s.Trustor shatl keep the Property in good condltion and repalr,shail
<br /> � - • � prompUy repair,or replace any improvement whlch may be damaged or destroyed:shati not commit or pem►il any waste or detedora- •. � "
<br /> tion ot the Property:shail not remove,demolish or substantialty alter any n9 the lmprovements on the Property;shall not commit,sutier
<br /> . or permit any act to be done in or upon the Property in vlofation of any law,ordinance,or regutation;and shall pay and prompUy dis- • '
<br /> charge at Trustor's cost and expense all Iiens,encumbrances and charges levled,imposed or accessed against the Property or any
<br /> � ' par!thereoi. �
<br /> 7. Eminent domain. Lender is hereby assigneA ati compensati0n,av�ards,damages and other payments or reliet(hereinafter : '
<br /> _'"'" ' _.._...-'."_" NBGN])(�Laoe)rm�aF _ _..�___ ___:._.
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