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<br /> AVCO FIIVANCIAL SERVICFS ���� -- . '°�"`t
<br /> „�R,a,� INT'ERNATIONAL..INC. \c✓ ""�' _
<br /> GRArTi�ORtS). 445402660 P O Box 536 : , �� . -��:._..�_ '-�
<br /> 11L47fUilE FlaST RdT1AL {/W^fNNlE L'673T C�.'TK ��"-"�� .. •.�..--..--.c
<br /> 1233 N Y7ebb Rd., Ste 120 : `� ''`
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<br /> � � Morrisan, Patricia Lea ° • ' �'�.�- -
<br /> �wuNO�oon�aa ertr srae a►cone . . `': -
<br /> 505 N Sher[nan� Grand Island. NE 68803 Grand Island .Nebraska . ,�.����
<br /> March _,19 g� .becwcea iso °``� .4
<br /> ..: THiS DF.BD OF TRi1S1:Maae Ws 7th day of s ng e person . -
<br /> dereffiaftu called TRUSPOR,w6ose address is 5[l� N Qi�PYms+n [�an[7 Ialand. IAE 8IId • �•�.r`%_
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<br /> • ■., ,, n .heteinaRu called TRUS°fEE.whose address is ����� Dani f3C St . Om3ha. IdE ••- ._ _
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<br /> and AVCO FIIdANCIAL SBEtVICES INl"tHRNA1TONAL.IIdC..a Nebrastacorporatton,hereinafter caAed SENEFIQA[tY.ahose address is '_�`•a��-_°�'�- _-_`_
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<br /> d Ste 120 Grand Ialand, NE - ti - '``�`�-
<br /> ; � Wr[I�TESSEPH:ihat 1�ustor(iRAM`S.CONVEYS.SBIdS AND WARRAIVI'S TO'IRUSI'Flz.IN 7I2US1;WITH PaQVER OF SAIE.the following .. 4�'•
<br /> ' ',,1 desccibed ptopeay.situaud ia Co Nebraska: `J j`
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<br /> , '; Lat 24 West Heights Sacond Addition, City of Grand Island, Hall County, Ne�raska j ,�:,
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<br /> � • togetLer witII all bnildings and impmvemtata now on c�rstfter erceted thereon and all screens.aaraings.shades,stozm aasL�nd blinds.sad hating. .?tar�.- .'s�.;-
<br /> ligpting.Dlnmbin�,gas,elecaic.vendlatiag.refrigeraUng anA aic�onditloninS ul°ipment nseA in connecdon thaewitb.all of ahie0,for the pntpose of ,-..—. �
<br /> tLis DeeO of Tcast,shail be deemed fixtum and snbject to the lien Eereof.and the Lerediameats and appnrteaanees pectaiaing to the proyertp above �r� � `": ':�'.
<br /> descdbed.and all streets.l�nes.�lieys.P�S��YB.waters.wata courses.dghts.libenies and pfivileges.whatsoever thaenato belonging or in �,�;:: "'„��_•_.�- '
<br /> .-= any�rise appesuiotag aad iiza re�ario�s:.d r..�aia6ecs.s11 of which is referred to 6eninafta as the"premises°. ;. __ __�, — __-
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<br /> TO HAVE AND TO HOLD the a�ovc-deseribed premises.with the�ppnrtenances and fi�cmres.oato the said BencAciary.ita saeussors and assigna, �`
<br /> faerver.for the pwyosei and oses heiein set torth.fra from allf ts6th�sadtd'IYnuoI dodes he eby eac�Pnsslyarelase an�v�esmPtlan Lawa ot the State � .,� _
<br /> h d ri ts�nd ben -����.��'"�- -_
<br /> . � a£Lwebrash whieb may be eaaeted.whic � gh
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<br /> FOR 7'I�ffi P1IRYOSE OF SECURIIBd:(l)Perf'r�ance of each agreemeat of?�ostoz wauined Uereln:(2)Yaq�eat of the priaelpa]snm witli inte�est. -, �,�?�:�•,-
<br /> , �..•�.v�.sloas of e Dremissory Note/L,o�a Agrtement(hetelnaftcx�ened tm es'ptomissory note°)dauA - x� -_.
<br /> il pipviucu In iti.4iw6i.�xi.�:�1L:tf�o•�Q-- -- -..^,. - � — � -
<br /> .,__„L � �o�� .herewltL exeented by Traswr aad payable to the orQar of Beneftciaryr,ia the Prineipal snm of ,:;. „--
<br /> � � ; s ��g p� aad 6aving the dau of its fiasl paymeet dae on 3/.QE��� -or as extended. • �n'=�' ' �
<br /> =a�x� .�;.
<br /> t' deferredosresehtdaledbymeaalorreflnmce;(3)P�ymentof�yedNdonal:dvancea.wltt+�r�estthaeonasmaYtieceafterbeloanedbyBeaeficiAry . , . „_,.,_.,,� �
<br /> ' to 7tastor in a maaimnm sum of 5843?g 60 althia lS years ftom the dtts of this Deed otTmst: � . . �
<br /> ��� howeva.thi+yua�rapb das not coasUtac.a commicment by Beaeficiary to�ake fatnre advaaas:(4)The paymeat of my moaey that may be . �
<br /> �a������e���st�fo�of Ttus4(5)Any renew�al,nflnancing or eauensfoa of said pmmissory nau.or an o�hheroagreement to pay ' , .. , •
<br /> �flfoL maq�e anDsfltated thaefc7 , . ._ .
<br /> ; As addiflontl secarlry.ltastor�ueby givee to aad confers c�m 3eneticiery tLe dgh�po.ver.and anthoiity.dnrlas the contiasance of thete Trasts.to , `::,•..•
<br /> • . coUect�Le rents,iasnea,md pmfits of add g:r:�erry,reserv'"�-3 aato Ttosw:t�:dgh4 prlor to anq detantt by Tmstor ia payncnt of any indehceQaess ,, :;,,.
<br /> secored hereby o:la perfosmanee oi�nya�e�t hawaAer,co wllect u►d aari�snch rents.issaes.�ad pmiits as thev 6ecome ane aad gay�'.e.tJpon . , i:s.'"..
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<br /> ; any saeL defaul4 BeneAclary may at any d�s.�'a in petsa�.6y agen�or Dy e acHver to De appointed by a court.and withoat regard to�e o�eqnacy : .���:;�,,': ��_
<br /> of any secmity fer the iadebSe�rss IlereDy stenred,enter u�on and take possessioa of setd property or any part thereof,ln his oxm name s:t tor or �
<br /> otheraise wllect snch nnta.isss�,aad proiDis,laclodin cfi^s:.paot due and unpsiQ and ea?ly tlu same,lesa costn aad apeases of oyeradon and �. . . .
<br /> collectlon.iactading rcasonsC"e e2oraeYs'tee�•cogts•a���L���f�ned 6y law,a��any inQebteAnesa secared hrnby.nnd ln such order aa , _
<br /> • don thcaeaf as eyf�ortaal0.sb W o�eare or9w�ai�any d�efault or nodce of defanit Aereu e m in d�ua;�s�y�i aone pnrsn t io n b aotice aPPlica• j �;-
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<br /> R.,
<br /> All Qaymenu made by 7ltastot on the obligadoa aecareA by this Deed of Trvst ahall be applied ln the following orQer. i
<br /> FIRST:To the paymeat of texes aad assessmenta thae may be levted and assessed against said premisea,insuranee premlams,cepalrs.an0 all other
<br /> cDarges and expenus agreed to 6e paid by�he 7'�ustor. �
<br /> � I SECOND:7b the payment of interest due on saiG low. '
<br /> THIRb:To tho payment of D�a�D�• I-' ��
<br /> � To PROTECI'THE SECURI7'Y FIEREOF.TRUS7'OR(S)COVENANfS AA1D AGREES:(1)To kttp s8id ptemises inmteA against loss by fue and other y ��
<br /> � ; hazarda,casoalty aa0 eoaUngencies op to tbe loll vtlae of all imyrovemenes tor the protecdoa of BeneRciary in sueb maaner,ln aneD amounu.aad in � ,
<br /> � sach eompa�tes as Beaeficlary may from tlme to time approve.aad tDat loss proceeds(less expensc of collection)sAaU,et Benefieiary's opdon,be ��
<br /> , pplied on sald inQebtedness.w�etIIer dne or aot or to the restoraflon of sald improvements.in event of loss Ttustor will give immedlate notiee by mail
<br /> � ' �o the BeneRciary.w6o mey m�Ye proof of loss it not made pmmp8y by Tmator,and eacb insvrance company coneemed is heceby enthorizeA and .
<br /> directeA to make paymtnt for saed loss directly to the BeneIIclary insuad of to the Tnutor.(2)To pay a11 tues and spectal assessments of any Idnd tAat __
<br /> ��ave been or msy be levted or assessed apon saidprcm95r.s.and to deliver to Beaefictazy.npoa ttquest o1!the Beneficiary,tLe oIIleial rceeipf sGowing
<br /> •yaymeat of all aach taxes and use�.emenU.(3)In the event of detault Qy Tnutor naQer Paragrapba 1 or 2 above.Benefictary,at Its opUoa,may(a)place e -
<br /> -.��sQ�sseh irs�±*?!u:e•tx+ve;mn+ideA tor ia fone throngIIont the lite ot thia Deed of Trust and pay the nssonaDle preminms aad cLargea thettfar:(0) -
<br /> � . `pay all satA ta�ces aad useasment4 aithont determining tL•e validity thueof•aaG(c)pay such Itens aad aii snch disbmac�zuia aa s�a115e d��mcC s P�t - . . .-_ --� ---.. �
<br /> ' of the indebtedness seeartd�y this Deed otTrast and shaU De immediately dvc and payable by Trostor tn Beaefieiary.(4)To pay ahen dae any Ilea oo . � _..
<br /> the property ahieb i�sen3ar to the tlm of BeneflNary aad.noiwithstnnding any right or opUon granted by any senior lirn or by tiny sentor IienGotQer to • . ��
<br /> permlt the principal Lala�ce of saeh senlor liea eo increa5e.Tcnstor wili not permit the prinNpal balaace of aay senfor llea to increase abave the balance : ;
<br /> 26-047b(REV.6-94)NE•OENERAL USURY LAH1 4 I �
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