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<br /> = This 0��4 ot lrutt �ad� thi� ifba d�y o! Nov��btr 1993, byt
<br /> TRU�YORit Jody L. pullin� and !�=ry Pullins, huiband i vif• �
<br /> -- ADDRiiYt 1QZ3 Mo. Mh��l�x
<br /> - asNSPiCt�RY: Citiy oE oran0 TsUnA, � Nuniaipal Corparati�oa,
<br /> ADDRlitt 300 Raat 1�! itte�t, Oiand I�lanp, NE
<br /> TRUST�tt City �Lto:n�y o! th� Cfty o! Ocand Island
<br /> — - - — RDDRC88: 200 �ar6 ist iitr��t,,asand Island, NS �
<br /> -' 1or valuabie consid�ration, Truator lrrevaeably granta, canveya, •nd aaslgns
<br /> �;x to Ttusles, IN TRUY?, MI7t� PONtR Of eAGt far tbe bcnefit aod aecarlty oE
<br />�;:: beneficiary, under and sub�ect !o the r�ght� t�ras •nd condLCions of tAis De�d
<br /> of Trust, th� follovinq d�accib�d r�al propeity locat�d !n N�LL COUNTY,
<br /> '' N1i8R�8KA s
<br /> �i
<br />-,;� Lot 5, �ioak 36, �h��l�r's ltddition to 3zand Ialand, Hail counky, tiebr�ak�.
<br /> .�. �.•
<br /> i ���.� tNet�lnaEter oalUA the Pr��is�s)
<br />-'._��•� toqethor vith all bulldings �nd i�proverenta nov or hezeafter crccteA upon tbe
<br /> pxa�ls�sj all re�ts, protits, soyalties, lnco�e and othes beneflts desived lro�
<br /> . �' th� yr��isesj •11 eaieaentsj lic�nses, right� of vsy nov or heraEter acciuinp
<br /> _;'i'� to the pre�iassj and any and all avards �aae for the takl�ng by e�incnt do�nain,
<br /> ' inclndinq proc�eds ot any aqr���ent wade in �i�u ther�of= and,
<br />"`'� --- . A22 ara ca23aetivly called th� ��eurity.
<br /> �'
<br /> � '���1��,,yy�� FOR TNfi pURPOBi OF 86CURINOi
<br /> . P..•"��'��
<br /> � � • ,:•� �a) The pay�ent o! khe debt to the eeneticier evidenaed by the Tsustor s note
<br />_ .'.;•T, ;�:i j:'G.�n:. Y �
<br /> • �"'�'n��f`;"* �� n°/lOAS sa�a tet0�,±noh• principle sul� Of &even Theusand g°ur by�� �
<br /> •ry�'��'+-;.�j:;;� .
<br />' • �t��`:��::'^ •:�.�� y" vith no interaat and u an tAe ter�s provl8ed in thc Not�s anO any �nO ail
<br /> e .,�.►+r r.:.....,.-�,,:;v,"1;' � D
<br /> �_ _ {�:, ;�.�,, .•. :en�vals, �odifications and extensions oF the Notesj
<br />• :...ZrG.
<br /> - ,�����• ; (b1 The perfot�ance oft each agreet�ent betveert the Trurtoz and BeneEiciwryj
<br /> - �:��;.�••:^'�f �:r- the covenanta of the Trustor in thia Deed of Truatj
<br /> '� ��`'1��-!��.'.=!?4=:". ' tcI The pay�ent of any suw or au�a vith interest thereon vhlch �ay later arlse
<br /> � -^��,`'_�'��!r•` under tha ter�s oE this Deed of Trust or �ay be advanced to be aeauxed by Lhis �.
<br /> ��;,;;,.�'�„x;.'�� ,� .� Deed of Trust. Future advancewenta �ay not exceed a au�a equai to thtee tiAes
<br /> tha oriqlnal principal a�ount of the above-r�clted notes.
<br />- ipy..Y,.�t•�. . iK'
<br /> .x:;....:: :. TO PRO�'ECT THE SECUR2TY OF THIS DEED bF TRUST, TRUSTOR HE�SITY COYEN�INTS AND
<br />- . s��Y110`-y'�' •' AOREQS AS FOLLONB S
<br /> �t::�:. : ,; , 1. Obligation. Trustor ahrll pzot�pt2y pay vhen due the p:inelpal of the
<br /> ..�. . � •:;� lndebtedness evidencad by the Notaa, and all oti�er charges and fees provided io
<br /> _:.,;.;;f;:,.�_.._... .. the Hotea or aecuteE by thia Deed of Trust, and the princlpal of and Sntereat on
<br /> - � �, . , any future advancee aecured by thia need of Truat not to exceed three tiwee the
<br /> original prinalpal awount o� the abov�-recfted notes.
<br /> " `��� ��' Z• Kdcrnnty of Title.
<br /> ,,., .
<br /> __ �:�•� . 2.1 Truator is lavfully seized and posse�sed of good and lndeteaaible title
<br /> -� ' � > 1 the psap�rtp tihe property her�by conv�y�d a�d has tht ziqht to qzant and convty �
<br /> `'•-��., 2•2 The prop�rty is fzes and cicar of ali liens aod encusb=�nas �xeept
<br /> .�.�" _.«'i.. tot `
<br /> .:�"'`"' - 3• Naintenance of the secuxity. �
<br /> ` �� :.:°::is••;-;.
<br /> _ ��,�::. �.�;� 3.1 Truetor shall k�ep the aecuxity !n good conditSon end =epalr; shali not
<br /> ,...,,:. ,�., co�t�lt ot auEEet vastej ah�ll not do or allow anything to De done vhicA vi�l
<br />• ,� '�"`';;t'i::'�;A , increaae the riek of iire or other caauait to the ,
<br /> 'L %�'+sj{� value of the aecurity except reaeonable vear and tearj�anda aAsll�not�alter the
<br /> ''''�' S: design or atruaCural charter of any buildinq or add any building vlthin the
<br /> +�V .1J•. 1
<br /> y� eecurity wltbouC the vrlEt�n Conaent of the BeneflcSary. -
<br /> _ , ���� � 3.2 It the aecurlty oz any part thereof !a da�aqed by fire or other cauae
<br /> _K�, l,� inoluGfng COt140�h8tlOh� Trustor ahall give iw�nediate vritten notice oE the event
<br /> -,��,�,,�, to �he HeneElciary. Tru�tot ahall uae any proceeda of co�penaation for the
<br /> - da�egeG-Eto� th� insurance, conde�nation avard or otbervise to restor• oz
<br /> � -- replaee the proceeds to th� 8eneticiary at the option oE th� Heneficiary. Ii
<br /> part oE the security is da�sqed, the Trustor ahall zestore, repilr, or alter th� �
<br /> • re�ainlhq prop�rty in a �nn■r aaff.E.�*.,... ..� .._ ..
<br /> - t �� .... o@uGiica�Ly. -
<br /> +•� !he e�nslicSary or !t's repre�ent�tive ia hereby authoriz�d to Mke or
<br /> , a�use to be �ade reasonabie entrl�a upon anE inapeeLionn ot th� pre�ises.
<br /> �.� ?he leust�e �hall pro�ptly co�ply vith all prtaent and fvlure lavs,
<br /> orElnancet, :ul�s ana r�qul�tions of any qov�sn�eetal �uthoslty aftecti�q the
<br /> pr��ia�• or any part th�reof. This ih�ll �pply to aey construetion upon !Ae
<br /> _ pre�is�s as w 11 �• th� o�esaiSon o! any bwlnass upon th� pr��isu.
<br /> �. In�vYanC�.
<br /> 1.1 �suslor shall k��p th� •acurlty tnsur�d •qatn�tt
<br /> ti) lo�s by p�rlls cov�r�d b�• •t�ndacd ilt• pollay vlbh skand�rd �xt�nded
<br /> aov�ciq� �tKlors���nl, 1n ae a�ount eqw 1 bo 100� oE the Eull replacew�n! value
<br /> oE th� s�curlty vllhout deductlon fo: d�pc�ei�tton= (Z) lt+�blllty insutanee foc
<br /> th� btn�iit ot th� B�n�llci�ry and T:usk�� to prot�ct tha 9�o�tlalary�nd
<br /> Tcu�t�� EtoA �ny ahd all alal�� oE p�tso�ai ihiury o: pcops�ty daMq• •ti�lnq
<br /> lso� os o�t@ d! �M ac.■i�•■� atW t71 oth�t lnsur�na� eoc�i �nd awtor.sp Eor -
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