|
, . . , . . t . . � . . . . �,.. . .. _ • , _ ,
<br /> ... ..� . . . �t .�.-r__ .. ..__.��_ _ i'_ : .. . . _ __ `. _._� .. ...."_ _.�..' _ __.. ..�. . -. .._, . . .. ._i.. . .�._.._..__�-�L � .. , , . i
<br />.. :.�- • `'U. , :, _ -` _
<br /> A 1 - r.
<br /> � � n � . ..- ------
<br /> _ 1 ,� tZ .; z � � 1 .m�. � �/1 `-�° � � �— IE� , :
<br /> n�L !���l�a\�\ - � N `jy ^ � t� � Z � � � . � � ,...: � �`.
<br /> :t� h� -7 � a � �t � � m , � .s
<br /> � � �.� ,.� .� N � a � y r�
<br /> � �v��` � � ' `t\ � Ir cv O ~ . a�.
<br /> '� ���� � , :n � • � r � d , . � '
<br /> �. C Q �� ,, � 3 r n N a
<br /> .. �"��y , � � ° , �� 0 � f-+ � ..
<br /> �, �, e � . � � vv � , .
<br /> \\ �
<br />' . 'k V�. ...rc N co •� - � - -- .- -�_.
<br /> . � � � � . � �
<br /> . � � DEED OF TRUST WITH FUTUIZE lnDVANCES ,
<br /> 1�� THIS DEED OF TRUST,is made as of the �at h day of a„- .19 a7.by and among� • �. .:: ';
<br /> S � '� { ��.YL�S .
<br /> •�. � theTrustor,_ Harvin G Svedlund 8 Linda Seedlund husband and vife -• �`°. _ -��._
<br /> Grand Island N &�0� � \ -`- �1�
<br /> . � 1815 H 3rd St �h e B�n-���w e er one or mare , • � J':
<br /> � whose mailing address is • .-:`�
<br /> .;��.�.
<br /> �,��T__-
<br /> r ' the Tru3te6 �. •
<br /> '_ .,::. :�t.��,�,-
<br /> . whose maiiing address is P•�• Box 1507 Grand Island i�E 68802 (herein`Trustee�,and : .���:�
<br /> .�-.,� .-<,,_.__
<br /> the Beneficiary. Five Pointa �ank ����*=•
<br /> �;�..�tec.�,
<br /> whose mailing address is 2015 t�. Broadnell Grand Island. NE. 68802-1507 (herein'Lende�. �
<br /> Harvin C Svedlund
<br /> , FOR VALUABLE CONSIDERATION,inGuding Lendefs extension of cred'R idenUfied herein to ".. � �„
<br /> ' � `'x:;
<br /> (herein"Borrower;whett►er one or more)and the trust herein aeated,the rieceipt ��: _ j ,4
<br /> ' of which is hereby acknowledged, Trustor hereby irrevocably grants,transfers,conveys and assigns to Trustes, IN TRUST,WITH �,,F. j,; : -
<br /> � POWER OF SALE,far the benefit and security of Lender,under and subject W the tertns and condiUons herei�after settorth,the real ;: . •��_ . � _. ..'
<br /> pmperty described as foilows: . '�,�'. -e. ::
<br /> � ' The Meet Tventy T�o feet iW22') of Lot 7'ro t2) and the Eaet Forty Four feet �a'' ' �� ���___
<br /> tE44') of Lot Three c3), Slock Fourteen t14), Kernohan 8 Decker's and ita ,. , .-;-
<br /> compliment to-vit the Neet Tventy Tvo feet cM22') of Lot Tvo (2) and the Eaet �f�, i; ;
<br /> Forty Four feet tE44') of Lot Three 13). Block Fifty-Seven t57). Packer and �� � ; .f.�
<br /> �ar�'e �nd� d� �bmprbovemen�,fixdtudrlest s�eets,ialleys passageways�ea ements,�r�g►t3,p�iteges and�sppurtenanoes ' .'� �
<br /> ogs er w a i�m in �'" �
<br /> located thereon or in anywise pertaining thereto,and the renLs,issues and profits,reversions and remainders thereof,and such per- � �-�i�:
<br /> sonal properly that is attached to the improvements so as to constitute a fixture,inciuding,but not limited to,heaGng and cooUng equip- � -�•3� x�
<br /> � ment;and together with tha homestead ar maritai interests,if any,which interests are hereby released and waived;all of which,indud-
<br /> ing replacemants and additions thereto,is hereby deciared to be a paR of the real estate secured by the lien of this Oeed of Trust and �''-!"�`� . • ����'�_
<br /> �� all of the foregoing being referred to herein as the'Propert�l'. • �• ��:=�-�.:
<br /> This Deed of Trust shali secure(a)the payment of the principat sum and interest evidenced by a promissory note or credit agree- r,;.;.;,.,.,�.,,��.;;�
<br /> ment dated having a maturity da4e of ,�ee„�::�f.+�'•�• =.-
<br /> ����� '
<br /> , and an and aD modiflcaUons,extensions and rertewais s R�-���,
<br /> in the original principal amount of$ a aav aw Y
<br /> �_.' .'�,;.
<br /> thereof or tfisreto and any and atl future advances and rea0vances to Borrower(or any ot them Ii more than one)he�unQer pursuant �'��."�_-:_
<br /> to one or more promisson notes or credit agreements(herein called'Note'�;(b�the payment of other sums advanced by Lender to sa-�^:��^-
<br /> , protect the security of the Note:(c)the performance of all covenants and agreements oi Trustor set torth herein;and(d)alt present and ����r��d�'w��:�
<br /> � future indebtedness and obUgaUons of Barrower(or any ot them if more than one)to Lender whather direc�t,indirect,absotute or conUn- �_�,t r�,
<br /> gent and whether arising by note,guaranty,overdraft or otherwise.The Note,this Deed ot Trust and any and all other documants that ..��������,::
<br /> � secure the Note or otherv�ise executed in connection therewith, including wlthout limitation guarantees,secudty agreements and •�..��
<br /> � assignments oi leases and rents,shall be referred to herein as the"Loan Instruments'.
<br /> � Trustor covenants and agrees with Lender as totlows: �A�t°.,:..,...:�•�`'�•:;�
<br /> 1. Payment ot Indebtedness.All indebtedness secured hereby shall be paid when due. � �� , ����
<br /> 2. Title.Trustor is the owner oi the Property,has the right and authority to convey the Property,and warrants that the lien creat- .___' � '�,
<br /> ed hereby is a first and prior lien on the Propertq,except for Iiens and encumbrances set forth by Trustor in writing and deNvered to .;� ��u���.�,��,
<br /> � LenQer before execuUon oi this Deed of Trust,and the execution and dolivery oi this Deed of Trust does not violate any conVact ot '-4 .;=•:t°�=: ��.
<br /> other obtlgaUon to which Trustor is subject. • • - . ,• �
<br /> ' 3.Taxes,Assessments.7o pay before detinquency ali taxes,speclal assessments and all other charges against the Properiy ;
<br /> now or hereafter levied. � ` �, x '.
<br /> -',�,.•: _
<br /> . 4.Insurance.To ksep the Property insured agafnst damage by fire,hazards included within the tertn"extended ooverage',and . • :..
<br /> s u c h o t h e r h v a r d s a s L e n d e r m a y r e q u i r e, i n a m o u n t s and witfi com panies acceptabte to Lender, nami�g Lender as an additional � � . ,
<br /> named insured,with toss payable to the Lendar. In case of loss under such poliGes, the Lender IS authorized to adjust, coltect an d . •:��.Y••••
<br /> , compromise,all ctaims thereunder and shatl have the opUon of appJying all or paR o!the insurance proceeds(I)to any indebtedness
<br /> . secured hereby and in such order as Lender may determine.(ii)to the Trustor to be used for the repair or restoration of the Property or ,
<br /> (lii)tor any other purpose or object satlsfactory to Lender without affecting the lien ot this Oeed ot Trust tor the full amount secured , .
<br /> hereby betore such payment ever took place Any appllcaUons of proceeds to indebtedness shall not extend or postpone the due Cz:e
<br /> ' �.. of any payments under the Note,or cure any default thereunder or heteunder. . •
<br /> 5. Eserow.Upon written demand by Lender, Trustor shall pay to Lender,in such manner as Lender may designate,sufficient
<br /> . sums to enable Lander to pay as they become due one or more o}the foltowing:(i)all taxes,assessments and other charges against _
<br /> • the Property. (ii) the premiums on the property insurance required hereunder.and (iii)the premiums on any moRgage lnsurance � . ..
<br /> � required by Lender. .
<br /> • 6. Malntenanee,Repairs and Camptiance with Laws. Trustor shalt keep the Property in good condition and repair; shall .
<br /> � prompUy repair,or replace any improvement which may be damaged or destroyed:shall not commit or permit any waste or deteriora- . .
<br /> � , tion oi the Properry:shall not remove.demalish or subshantialty alter any of the improvements on the Property;shall not commit,suffer
<br /> or permit any act to be done in or upon the Property in violation oi any�aw,ordinance,or regulation;and shall pay and prompUy dIs- • _
<br /> . charge at Trustor's cost and expertse all liens,encumbrances and charges levied,imposed or accessed against the Property or any
<br /> part thereof. , . . � :
<br /> _ _ 7. ���$�;�p��i�.!ander is hereby assigned a��companSatlon,awards,damages and other paymsnts or relief(hereinafter
<br /> , �� NRC Y571NOnpOwmcd OeoEl Rw S96 . I C..._"' '."___. __
<br /> � v,amN,,a,d��.ac��TN.��ov..w,�.�.,�.��.�N�e.a,.a I.
<br /> 1 I� . -
<br /> ` ( ' ' '
<br /> �
<br /> � -—• �-- -----...—.,^.---
<br /> ' - - -- _. . ...... .. . _ ._. - . _
<br /> .` ` .. .P
<br /> _ ..._-__"..�--+—+r--�� _.�...�. . ._ . ._ . . ��....-��-.... , �_
<br /> '_ ._____' ' • ' .. , '• ' � , ... ..�� . . �.�• . ...
<br />. _ �'�1:'��vAt, . • 1 . " • " ' . . • . . ..f,` V ' � . , 1`, ����-r�._��--T"-�� ,'�+.+ ,
<br /> . - �.... . .. . . - . . . . . � . . . ._.. _ � . '. _ ... � . ' i .. . . . .. . . ... . ..�'1\•� . .. .. . � , . ' .
<br />
|