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<br /> � = �— ,- - �E�D O�TRUST IiUITH�UTURE�IDVANCIES - -
<br /> . . �t�. ..
<br /> . ;� .
<br /> �� 117H day of MARCH 1g 98 ,by and among ' -
<br /> !; .. � . TH1S DEED OF TRUST,is made as of the � • . ::�,.
<br /> ` � ' '� ' ND B RBARA S. FAZ HUSBAND AND WIFE p, ..
<br /> t-,..
<br /> � me Tn►stor. IRO . F � .. . � �', '
<br /> � � • . sema�'Gngaddressis 2228 RIVERVIEW DR. GRAND ISUIND NE 68801 (herein°Trustnr.+nrhetheroneormore), b . . .; �,'YI-=`.
<br /> who � .. �-- -
<br /> � FIYE POINTS BANK A NEBRASKA CORPORATION ',;� ��
<br /> � tha Tnistee `:_,.—
<br /> Y (herein`Tn�ste87.and
<br /> ,�. - .:. _ -_ z
<br /> • , whose mai�ng address is ° _
<br /> �r'[U
<br /> :' � ' � , the8eneficiary. (herein'Lende�. ' -v
<br /> �: � n 6aso3 �� -
<br /> '�� whose mailing address 1s � `
<br /> }�.
<br /> � �y��
<br /> FOR VALUABLE CONSIDERATION indudin Lenders eutension of credit identified herein to � W
<br /> RAMIRO J. FAZ ANO BdRBARA9S. FAZ rr � �
<br /> ` herein'Bortower:whethet one or more)and the Wst herein created.B►e receipt y
<br /> � . � rants.trxnsfers�conveys and assigns W Trustee.IN TRUST.WiTti �. �,, -"";
<br /> � - - - �trevorabty 9 � ,�;:;';{�:
<br /> of Hrhich is hereby adcnowtedged.Trosror hereby� : ,.s_�°°,.
<br /> OF SALE.for the benefit and security of Lender.under and subjer�to the�e�s ana�°ndittons hereinafter set toRh•�8�� :;.��_;
<br /> :;. • � POWER qottows: , • "':"x;.`'�
<br /> . : t p�Pe�Y Qescrihed as �';� �.._�•�-
<br /> L O T O H E (1), C O U N T R Y C L U B 2ND ADDITION, CITY OF ; s<>:---
<br /> �:.
<br /> . ,, :—._
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA •;;.�--
<br /> rivileges and apDu�nances • �
<br /> ' easements.riShts.P : �:;..!:
<br /> � Together with all buitdings.improvements.fix►ures.sU'eats.alleys.Passageways, . - • }' ;.
<br /> . . lacated thereon or in anywise peRaining therew.and the��nst1'tut a fixture�nclud g but not irnited to.heat n9 a'��i��dud- ' ,.. =-'''�'-P._;
<br /> < sonal property that is attacrisd ro the imprwements sa as ;��;�
<br /> msn�artd together with the homestead or marital interesis.'rf any,which interests are hereby reteased and waived,a ; j�w.
<br /> , menis and additlons thereW,is hereby deGared to be a part of the real estate secured by the lien of this Deed af Trust and �.,' . . �_p
<br /> • � ing replace '���=
<br /> ent of the pdncipal sum and interest evtdenced by a promissory note or credit agree- �.:�,.
<br /> , • ail of the foregoing being referred to herein as the'Property'• having a maturiry dats of MARCH 20 2003 _ � � •
<br /> ' • � Thts Deed oi Trust shail secure(a)the paym .
<br /> , ment dated . - -•
<br /> � � and any and a�l modificatlons,extensions and re'newats �=:�.:
<br /> � � i n t t►e od ginal pdnciPal amount of$ 40 026 00 e��o f o t he r s u m s a 0 v a n c e d b y L e n d e t t o
<br /> . ' � thereof or thereto and any an0 a l l f u Wre a d v a n c e s a n d r e a d v an c e f' d�o�(b)�e paym em(t more than one)hereunder p�urst�d �.'•
<br /> to one o�more promissory noces or credit agreements(here
<br /> all r _._a..�
<br /> protect the security of the Note;(c)tt�e per�ormance oi all covenants and agreements of Trustor set fortt►hereln;arrd(c� P •
<br /> fuWre Indebtedness and ob8gations ot Borrower(or any of themgii Tde Note,this Deed of Trust and a�ny and aill me d0��nts a d
<br /> gent and wheMer a r is ing by n o t e,g u a r a n ry.o v e r d r a ft o r o t h e r w
<br /> �.•� • � . . secure the Note oses and rents,ha I be irefe ed toiherehn as the'Loan II sbumen s''imi t a t ion g u a r d n t e e s.s e c u r i ty a g r e e m e
<br /> assignments oi lea
<br /> Trustor covenanta and agrees with Lender as follows: �: •,, �.
<br /> , � � ; 1, payment of tndebtedness.Ai�indebtedness secured hereby shall he paid when dua. ,.
<br /> � � • Z. Titte.Trustor is the oumer of the Property.has the dght ag aR encumbra�nces set torth by Trustor�rtwrit ng and detivere�tor �� . •
<br /> � " ed hereby is a first and prior lien on the Property,except tor tien , •
<br /> ' Lender before execution of this Deed oi Trust.and the execution and delivery of this Deed of Trust does not violate any con a
<br /> Y : ! other obtlgation to whicb Trustor is subJect . .
<br /> 1 3.Taxes,Assessments.To pay betore deUnquency all taxes,special assessments and atl other cfiarges against lhe Properiy � .
<br /> �{ now or hereafter levied. ��gt dama e b fire, hazards inciuded within the term'extertded coverage',and
<br /> �•.., . 4.tnsurance.To keep the Property insured aga 9 Y
<br /> • such other hazards as Lenderble t rtheilender�.mn case oftosis u dersueh pol'��cie�tfie LenOeres authorized to adj st coUect a d
<br /> - � n a m e d i n s u r e d,w i t h t o s s p a y a � �`;
<br /> compromise,all daims thereunder anL nder'may determ4nen(ii)to h te i T ustor to be us d for the repa vror resto ation o f the Prope r t y o r '
<br /> " � secured hereby and in such order as .
<br /> (iii)for any other purpose or object saUstactory to Lendcear��w�ghof proceeds to ndeDtednei s�sha 1 not extend or postpo ethe due date
<br /> ' i heraby before such payment ever took place.Any app ,
<br /> of any payments under the Note,or cure any detault thereunder or hereunder.
<br /> � � 5.Escrow.Upon wriKen demand by Lender.Trust�ormo e af t e tolo yvi�9:Ili)all t esn assessmen and o her+charges against
<br /> � sums to enable Len der t o p a y a s t h e y b s c o m e d u e o n e e insurance
<br /> i� the premiums on the property insurance required hereunder.an d(iii)l h e p r e m i u m s o n a n y m o rt g a g
<br /> . ' I the Property. (��l . .
<br /> required by Lender. in ood condition and repair; shall
<br /> �! '� i 6. Maintenance, Ropairs and Comptiance with Laws.Trustor shail keep the Property� g shall not commit,suNer �
<br /> .��' rovement which may be damaged or dastroyed:shall not commil or permit any waste or deteriora-
<br /> •- � promptty repair,or reptaco art�r imp
<br /> i tion of the Property:shall not remove.demalish or substantially alter any of the improvements on the ProPe :
<br /> or permit any act to be done in or upon the�?roeneumbrancets and charges ovled.�i p sed or'aUcces ed againstalhe Propertytor any
<br /> � charge at Trustor's cost and expense all lie .
<br /> ' �, paA thereot.
<br /> ..
<br /> 7 Emfinent Domain.Lender is hereby assigned au compensation,awards,damages and other payments or relief (hereinafter
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