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<br /> _ �`� .; � _,.;� tlEe BeaeflcTary. _ � . -�
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<br /> � �.;:::_. , w8aae mafting add�is � -1507 (hereln"L�der°�: �„��__ -
<br /> .. ' � . < FOR VALUA�LE CONSlD6tAT10N,includtng Lender's�on at cred'st fdenUHed here(n to ��``d;�;:`
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<br /> _ � • (Aer@In 6orroHrer",�ahether one or more)and the bust Aeretn ereate� ��.,
<br /> ;, - tha edBed,TNStor hereby{nevaca6ly granfs.tranatera,conveys and asstgns to Truetee�IN . ,. ���;,
<br /> - � TRUST.WRHPOYYEROF8AL�turthebenefitandsecurityofLender.underaos0subjecttothetennaendconditlonshereinafterset �. �„e,� —
<br /> ' � St f�th.ths real property.desc�iD��toltovu� . �� N�.�:" .—
<br /> 5 ' �Y ., � . ., 11?���K�':::_-.
<br /> _ � '�::'':` ` . I� F�OUR (4y . C�10�.II4k3N SUADMSION. IN THS CITY OF GRAND ISLALQD. HALL � �:.`�-.
<br /> � `' . �T�Y17l. NEBRI�SKA _ ---
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<br /> ��'' T�ar w�s�buitdinga,improvementa,fixturas,streeb,atteys,passageways,easemente,�tght�pdvitege9 anQ�ppu�c}- •
<br /> • � nana�t�2ed th�reon or In anywise pertalning thereto,and the rents,issues and profits,reve►etons and rematndere 9rc�ariat �°'�``•��'�`:.���'�'��
<br /> " _ such p�rsanai property that is attached to the Improvements so as to consNtuta a fixture,inatuding,but not Itmited fi.i�e���R� . � r�"" �r.��'
<br /> ; cooiing equipmen�and together wfth the homeatead or marttat interesb,if any,whEch interests era hereby reteasedand��3ve0:atR �:
<br /> ' : olwAicA.inctudtngreptacementsandaddtUonsthereto.tsherebydeclaredtvfoeapaRottherealesffitesecuredbythe�tenoltAts �=
<br /> . �� i Qeed oi Trust end ell of ttte toregotng betng ret�rred to heretn as the"PrcpaJ4y". = : '���'�}���
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<br /> � ' ` ' � Thia Oeed o!Trust ahail secuce(a)tha payment of the pdncipal sum and interest evtdenced Dy a promissary note or credit '� I' ', � -
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<br /> • agreement dated ,havIng e maturity date o! A�ril 10th 1994 � ;_ ,.�_, i -;
<br /> . � } octo er
<br /> � � "� In the ortginal principal emount of S ,end any and a11 modtflcaUona,extenstons and renewats � • ..'„"���:
<br /> -����r , , . tftereoi or thereto artd any and all tuture adva�(cea and readvances to 8omower(or aoy of them if more than one)hereurtder '•��;��"`
<br /> pursuant to one or more promissory notes or credit agree�nents(herein calied"Note�;(b)the payment of other sums advanced by � � ���`�"�''`
<br /> � ' � � Lender to protect the security o1 the Note:(c)the pertormartce o1 a�l covena�ts and agreements of Trustor set forth herein;aad(d)all '-���
<br /> ? , " " present and tuture indebtedness and obitgations of Borrower(or any ot them If more than one)to Lender whether dtrecl,indirect. • . , . , ,.
<br /> ..;, • � 80solute or coaUngOn!end w�eth6r arising by note,guaranty,overdraft or othe►wise.The Note,this Deed of Trust and any and all ' .
<br /> ==�'�' ofherdocuentethatsecuretheNoteorotherwiseexecutedinconrtectiontherewith,Inetudingwithouttlmitatlonguarantees,securKy � .'. ��" �'
<br /> � t� ;- • � agrc�emenb and assignmente olleasea and rents,shail be referred to he►eirt as the"Loan Instrument�". ° . � � ��
<br />_ .;': ?�'- -. , '� Trustor covenanb and agreea with Lender as toltowa , � ,�.` •.�� .
<br /> t.Payment ot Indebtednesa.NI indebtednesa secured hereby ahali be paid when duo_ ,; .
<br /> � S{, ;`'„; ,, .''. 2.Tilts.Trustor Is the owme�r ot the Properly,hes the rlgM end autAoriry to convey the Property.8nd wartants th8t the Ilen �,,. ';,
<br /> • 'y'•'. .}`r_'`,' c�eated hereby is a�irst and pricr Ilen on the Properry.except for Hens artd encumbrances set forth by Trustor in wdtln and � �
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<br /> -,,.,. -•�-• , , , deUvered to Lender b�tore executton ef this Deed o1 Trust,end the executton and delivery ot this Deed of T►uat daes not vlolate any , • .�
<br /> _.:,,,,t `�.�+� ' : � contract or other ob:tgaUOn to which Truator Is subject '� `'
<br />_ �_�„;�� 3.Texes�A�mento.To pay before delinquency all taxes,speclal assessments and all other chargea against fhe Property .
<br /> .;ti; s;; :.,;�. now or herealter levied. :�t`.:
<br /> ..:� ;?;.�;�•;�:,:;;.��� 4.¢ue�rmnee.TokeepthePropertyinsu►edagalnstdam2g?6ytire,hazardslncludedwiMintheterm"extendedcoverage",and �. , '.
<br /> �'� +}<i z�,�".a�,':=,�'� • . sueh o�.hc�r�zards as Lender may requlre,in amounis and wi�e sompanies acceptabte ta Lender,naming Lender as an addtional • �
<br /> ;��:�:''`�`�'��;'� namea ivrsu�ed,v�ith toss payabte to the Lende�.In case ot io;s unde►such poticles,the Lender is authori2ed to aQjust Co�EOCt and
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<br /> ,���..,�,�.,,-��., � _: camprorrelse,a0ct�,'rr.�the�eunQerendshalth�refheop5oaotapptyingailorpaAOfthelnsuranceproceeds(i)toanyinCebtedness
<br /> - ��.��•"�•,;;'';:��?;. . .i gBCUrea hereby artd in suCb oider e8 Lender may determ(ne,(iij tp the Trustor ta be used tor the repair or resMraUon of ihe Property
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<br /> <<��:?:�:,�;i�l�i�,. or(iiqfor arry othar purpose or obyeeteattstaetory to Lender withoutatfecting t�e llen olthis Qeed of Trustfor thetuil amount seeured
<br />_ .:.�.: hereb9!�tPfore sucfi payme�t ever took place.Any eppticallon oi proceeda to indebtedness shall not extend o�postpone the due
<br /> . date ot 8ny payments under Me Not9,or cure any detault thereunder or hereunder.
<br /> S.Eseramr.Upon vv�itten aemand by Lender,Truffior shall pay to Lender,in euch manner as Lender may destgnate,sufficfent
<br /> ' ` , �„ `�. � ' � &umatoenabieLertdertopayaeth8ybecomedueoneormoreofthetollowing:p)alltaxes.assessmentsandotherehargesagalnst
<br /> . { �.�• ..•• • • the Property.(t�the premluma on the property insuranee required hereunder.and pli)the premtums on eny moRgage insurance �
<br /> � � �: � • required by Lender. .
<br /> � 8.Matnt�rtane��Re patra end Co m pUaneo with Lawi.Truator shail kee�the property In good eonditlon and repalr,shal! �
<br /> , ��• promptty�epatr,or reptace any improvement whlch may be damaged o�destroyed•sAall not cammit or permit any waste or .�
<br /> � �. . "� ' • detedoraUon o!the Property;ehall not remove,demoUsb or suEstanUalty atter eny ot the�mprovements on 1he Property;sha�l not
<br /> . commiLsufterorpermitarryacttobedoneinoru0onthePropeAyinviofaUonofenyl8w,ordinance.orregulaUOn;andshailpayand
<br /> � � � • prOmpUy discharg0 at Trustore cost end expense etl llena,ertcumbrances end charges tevied,imposed or essessed against the
<br /> . � ., .�. .`, �� ., . PropeR�►or any patl thereof.
<br /> �;.�' 7.EMc��nl Oamal�e.Lender ta herehy esslgned all compe�saUon,awards.damages end other paymenb or retiet(herelnafter " +
<br /> _ , � . �. °Proceeda'�ineonneetlonwithcondemnatlonarotherfakingofthePropertyorpaRthereol,ortoreonveyaneeinlieuoteondemna-
<br /> � ttan.Lender ahetl be enUUed at its optton to eammence,eppear In end praseeufe In ita own oame any aetlon a preeeedings,and �� __
<br /> __ . :T•� .-.���;�-�--- shatf etao Be entlUed to meice any compromise or setitement in conne�tion witi�su�taking or damage tn tia event ar�y portion of - -- --•=- - - �
<br /> � � ' Hnca�e�o�m�w.+cama..�o�ee
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