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<br /> \i �� DEED OE TRUST WiTH FUTUR�ADVANGES " __ � � _
<br /> 11ar. .19 97 .by ar�d amon`\ , ' :.�•Y"`-��'"
<br /> THIS DEEO�F TRUST,is made as of the 19th day of -
<br /> �' •'r�'
<br /> � Leroy Cote�; married pereon •�- - � "�''� -, �
<br /> theTmstor, He 68803-6016 L,1 '� '�?.-` -�;'°`.-
<br /> � 3944 Hampton Rd Grand Island � _��::_��_
<br /> whose maiiing address is (herein"Trustof,whethar one or more), \c� _
<br /> :;�`_--- ` ,'
<br /> . . �_':
<br /> theTrustee Pive Poiate Bank e Hebraeke Cor oration -
<br /> HE 68802 � f��
<br /> . P.O. Box 2507 Grend Ieland. (herein'Tnistee'�,and _.- ---�.
<br /> whose mailing address is :.;._,;
<br /> � Five Pointe Bank `� � ''`'�
<br /> the Benefidary, �'`• °''�-�3-
<br /> 2�15 l�. Broadrell Grand Ieland. HE. 68802-1507 (herein"Lende�. - •-- �3"'-'
<br /> whose mailing address is '�',�
<br /> ..�.
<br /> .�.
<br /> FOR VALUABL.E CONSIDERATION,including Lende�s extension of credit identifled herein to ��f.
<br /> �� � (herein"Bortowar,"whether one or more)and the trust here9n created,the receipt _.... `� *...
<br /> of which is hereby acknowiedged, TNStor hereby iRevocabty grants,transfers, conveys and assiga�s to Trustes, IN TRUST.WITH . `�� . ` '
<br /> POWER OF SALE,for the 6eneflt and secudry of Lender,under and subject to the terms and canditions hereinafter set torth,tha real _
<br /> �.; pro e d b bll ws: � -
<br /> ,_ CImlTY pFR RAHD I�SLANDSEHALLYCOUHTY.�HEBRASKAELER BEtiHETS 3RD ADDITION. ,�y :'1 i _;::
<br /> 7
<br /> "' ,..,�i `,.
<br /> Together with all buitdings,improvements,fixtuces.streets.atleys,Passa9eways,easementa,ri9hts�P►a+ilegas and appurtenances �, , ��, !t t
<br /> , .t�'. located thereon or in anWrise pertaining thoreto,and the renis.issues ai�rreoi�i�e�b�not Idimitedtoahetsting end ccsaling equ� �'
<br /> .. sonal properry 1►�at is attached to the improvements so as to consUwte n i . 9 '"""""•. �,�,��
<br /> .�_:�_...
<br /> , . men�and together with the homestead or ma�tal interests,if any,which interests are hereby reteased and waived;ali oi which,mciud- ��" ����--_: ;:�___
<br /> ing replacements and additions thereto,ls hereby declared to be a paR o!the real estate secured by the Ilen of this Deed of Trwt and L_y ��-=�-
<br /> ..' ail of ihe foregoing being reterred to herein as the"Propertyr'. "'��-:,�''�';��,,�
<br /> This Deed of Trust shatl secure(a)the payment oi the princlpai sum and interest evidenced by a psomissory note or credit agree-
<br /> � ment dated ,having a matur(ty da48 ot _ --� ._
<br /> �•• 50.515 00 _,and eny and aii modiflcaUons, extensions and renewals - =---
<br /> in the odginal principal amount of$ ;:;�' ,. $`.
<br /> thereof or thereto and any and all tuture advanc�s and readvances to Boaowar(or any o9 them if more tfian one)hereunder pursuant _
<br /> to one or more promissory notes or credit agceements(herefn callod"Not��;(b)the payment o!other sums advanced bY�ender to ___��.__�.�
<br /> protect the security of the Note;(c)the pertormance of all covenants and agreementa of Trustor set foRh hereln;and(�ait present and �.��,;,:�,._
<br /> � future indebtedness and obligatlons of Borrower(or any o!them if more than one)to Lender whether direct,indirect,absolute or oontin- ��Y:;���t;
<br /> • . gent and whether arlsing by note.guararriy,overdraft or othervuise.The Note,this Deed ot Trust and any and all other documents that :��:.
<br /> � s.:..��
<br /> ' secure the tVote or otherxise executed in cannection therewith, including without limitatton guarantees. security agreements and �
<br /> . � assignments oi leases and rents,shall be referred to herein as the"L oan Ins trumen t s'. �;y_��r_ s• •
<br /> Trustor covenants and agrees wiih Lender as to�lows: ,• ��--�; °'�--
<br /> � 1. Payment ot Indebtednesa.Ail indebtedness seoured hereby shatl be pald when due. ',;;,�;.. . __.y.:�;;..
<br /> 2. Titte.Trustor is the owner of the Praperty,has the rlght and suthority to convay the PropeRy,and warrants tt►at the lien creat- �: , . - -
<br /> � Le derbetore xecuilonpof this Deed of Ttuste and the et ecuU ngand det very o}this Ooed ot Trust does not v�olate any contract o� . • : _
<br /> � other obligation to which Trustor is subject. .•. �•�.- . .
<br /> ' . 3.Texea,Aszessmente.To pay betore delinquency a�1 taxes,special assessments and atl oiher charges against the Properry : , ���"�,!'
<br /> . r
<br /> now or hereafter levied. : • .�
<br />� 4.tnsurencs.To keep the Property insured agalnst damaga by fire,hazerds inc►uded within the term'extended covera9e".ar►d .
<br /> such hazards as Lender may require, in amounis and with companles acCeptable to Lender,namtng lender es ao additional named ; �p--,..-,�,,l,p,,,
<br /> insured,with loss payable to the Lender.ln case of loss under such poliGes,the Lender is aulhorized to adJust,coltect and compro-
<br /> mise,alt ctaims thereundar and shall have the option of applying all or part o1 the insuranco proceeds(i)to any indebtedness secured
<br /> . hereby and in such order as Lender may determi�e,(ii)to the Trustor 4o be used(or the repalr or rastoraUon o1 the Property or(iii)for .
<br /> � any oiher purpose or object satistactory to Lender without attecting the lion ot this Deed o1 Trust for tha full amount secured hereby
<br /> � before such payment ever took place.My aAP�icaUons ot proceeds to indebtedness ahall no1 oxtond o�pastpone the due date o!any .
<br /> • : payments under the Note,or cure any defauit thereunder or hereunder. � ;
<br /> 5.Escrow.Upon written damand by Lender,Trustee shall pay to Lender,in such mannor ao Londer may designate,sufflclent
<br /> sums to enabte Lender to pay as they become dua one or more ot the toltowing:(i)ail tnzos,ausossments and other charges against
<br /> the PropeRy,(ii)the premiums on the property insurance required hereundor,(Hi)tho promtums on nny moRgago insurance required by ,
<br /> ' Lender. �n ooU condition and repair, shall � ;
<br /> 6. Malntenan�e,Repalrs and Comptlonce with Lawa.Trustor shall kaop tho Proporty fl
<br /> prompUy repair,or replace any improvement which may 6e damaged or destroyod;shull not commit or pormit any waste or deteriora- � . '
<br /> . tion of the Property:shall not remove,demolish or substantialty eiter eny ot tho improvoment9 on tho PropoRy;ahall not commit,suffer
<br /> � or pertnit any act to be done in or upon the Property in violation�1 any taw,o�dinnnco,or ropulutlon:ond cfia�i pay and promytiy dis- f
<br /> . � charge at Tnistors cost and expense ail liens,encumbrances and chargos loviad.nnposod or accossud a{�n�nst tho Properry or any �
<br /> . part thereof. � . .
<br /> 7.Eminent Damain.Lender is hereby assigned all compensation,awards,damagus and otnor poymonts or roliol (hereinafter
<br /> � hEC]9i7(Mn1�10GUa�DOl01HOr N95 E .'_ ' __—'_—
<br /> 1 O 1908 W!dltl&tN d CamwwTnnl eM Sfvnjf 1 1oGA�.lsmm.A'aN¢'11a � . . .. _
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