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<br /> " � , ° DELD O�F T�iU84 WITM FUTUR!ADVANCEB �4°� ',�I�'.s ____
<br /> „ •. THtS DE�D OF YRUBT.te maEe as o1 the�i�L—.dey of ,A��-. -.1��aY aRd tm� __
<br /> . _ tflo TrusYor�----�-i►o:� . r — _""'�..�,--."' �T:�_`_
<br /> � . whoae maillrt�address!t�°1° ~°� �Q�FN STRELT PABADENA _ ��erNn°Tn�brQ�rr on�or more), --
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<br /> . theTruetee� ' ;:%�"�mr�---
<br /> p.� 8ox 1807 t3rend Ielend. HE 68802 �'��'��
<br /> whose malling addree�Is (herein"Troatee'�,and ._ ,:..
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<br /> tfte 66n8flCiery, Fiva Paiatr3 �ank - _---� _ '-''�'�
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<br /> � wh088 me11Ug 8dd�ess IS 20+S 1i A1rnA[�vp�� t;rand ialwnd� HE 68802-1507 (het@In"LeDdet'�.
<br /> FOR VA4UABLE CONSIOF.iiAT10N,Including Lender's extension oi oredit Idendtied herein to c.: . �
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<br /> ..__._.._..a ......eAU n� r.a�n (h�pein"�orco�rer",whether one or more)and the uust herein crea4ed, ,
<br /> the receipt o4 Which Is her�by�eknawtodgmd,Toustor here�y irrevocably gearns,tranaters,conveys and assigns to Truatee, !td
<br /> TRUSY.WITt9 P0�1tER QF Sd►LE,Tor the benetit and secu�ity o9 4endar,und�r ae�d subjectto Ehe terms ond condidons hereinefte�m�2 ��
<br /> torUe,the�eal propariy.dsscdbad as tollows:
<br /> . GRAND�ISLAHD. i4A1.1.�C0UNTYARNEBRASKAD SUB�IVISIOAI Atd ADDITIOb1l TTl T�IE CITY OF
<br /> '��� �r� Tagether with all bulldirnga 9mprovemenb,flxtures,st�eets,alleys,pessageways,easements,rlghta,pdvileges and appuRe- ���'= ;
<br /> _;:.:: ;, ; ,•'�,;;�.,..
<br /> .-;i •;�,. R�na�aa located thereon or!n any^wlse pertaining thereto,ane�1he renta,lssues and proTds.��versions and remainda�sthereof,and •r•::::�•.
<br /> ���f.�;,y���; '. ,;, suoh persooaD p�aperty that I8 attached to the improvemon4s so as to constltute a 8xture,includ(ng,6ut not Ilmftecb tts,heatlng and t�";���j;'`
<br /> ' � � '� cooling equlpunen;and Wgether with tha hasnest�ad or marl4al lnterests,if any,whlch interests are h�reRay released and waived;ali ���`': , ,
<br /> . ;;;_ of which,including replacements and additfions thereto,!s hereby declsred to be a part ot the reat esao��ecured by the Ilen of 9trHS � �,. ,��• :
<br /> � �.�,,� , "•'"' Deed ot Tru84 and a�i of the toregoing bein�refeaed to herein as ttfe"Properly". �. . � .
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<br /> ,����;;.�.. �.��i, 'fdis Deeq of 7rust shail secure(a)the paYment of the��incipal sum and intereat ovidenced by a promissory note or cre�it ?.�r:i:��".
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<br /> .' ' �:s ,�'.$7!R �mw��rin�t,laj��t A�r11 �tR�---- • {� t�e S•
<br /> ;,;.,, �,• ;,;; a reemem oared ' S
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<br /> �'.;i�, ¢i��F��;� ,,,
<br /> a� 48�_0A ,a�d a� a��D all rmodifica8dmns.etttenslens and rena�vmis ?,`tk;•?.t}".
<br /> � in the or(ginai pdncipai amount of$ . Y ��-K1�v`:�-
<br /> thereof or thereto and any and ali future advances artd re�afvances to 0onower Q�r�re1�of 4hem9 iP rr�are than one)Q�er�utoder ��k�%•�'�,•"�'
<br /> n i�,•.:,�,::•..
<br /> pursuant to one or more promiasory notes or credit agreements(herein called"Note'�;(b)�2�ee paym�M o4 othar sums advanced by �;�;j.�� ,
<br /> Lender to protect the secu�ity of the Note;(c)the performance ot all covenanta and agreem�nts of Trustor setlorth herotn;and(d)ell
<br /> p�esent and fuwre indebtedness and oblfgaUons of Borrower(or eny of them If more than one)W Lender whether direot,indirect,
<br /> ebsoiute or condngent and whether arising by�ote,guaranty,overdraft or otherwise.The Note,thta Deed of Trust and any and all
<br /> other dxuenbthat secure the Note or otherwise executed in connection therewith,Inciuding without�ImitaUon guarantees,aecurity
<br /> agreements and esatgnments of Ieases and rents,shail be referred to herefn as the"Loan Documents".
<br /> Trustor CovenBnta and agrees with Lender as follows: . •
<br /> 1, pemtsfit ot indebtednKS•All fndebtedness secured hereby shait be pefd when due. �
<br /> 2. Titt�.Trustor is the owner of the Prope►ry,has the right and authotiry to convey the Property,and wanants th8t the lien
<br /> created hereby is a firat and prior Uen on the Property.except for Ilena and encumbrances set torth by Trustor in writlng and ,
<br /> delivered to Lender betore execuUon of this Oeed ot Trusx and the execu2fon and deiivery ot thls Oeed of Trust does not viotate any „
<br /> contraaf or other obifgaUon to which Trustor is subject
<br /> 3. Taxes.Assessments.To pay betore dellnquency ail taxes,apecial assessrnents and all other charges against the PropeAy
<br /> now or hereafter tevled.
<br /> 4. Insurance.to keep the Property insured against damage by fire,hazarda included within the term"extended coverage",8nd ��f��
<br /> such other hazarda as l.ender may require,in amounts and wlth companiea acceptabte to Lender,naming Lertder ae an addiHon81 .. ,,;
<br /> named insured,wfth Iosa payabie to the Lender.ln case of loss under such policiea,the Lender is authorized to adJusf,Coliect and ��
<br /> compromise,sii claims thereunder and shai!have the optlon of applying all or psrt of the insurance proceeds(q to any indeMedness
<br /> secured hereby and fn 3uch order es Lende�may determine,(ii)to the Trustor to be useA for the repair or restoraUon of the Property
<br /> or(iU)for any other purpose or ob�ect saqsfactory to Lender without aflecting the Iien of this Deed of Trust tor the full amount aecured
<br /> hereby betore such payment ever took piaCe.Any application of proceeds to indebtedness Shali not exOend Or postpone the due
<br /> date ot any payma�iw un�c.'=�:°�`!^-!°•^C C.tCC�f9�Csfa��f i��a�vunder or hereunder.
<br /> 5. Etcrow.Upon written demand by lender.Trustor ahali pay to Lender,in such manner as Lender may designate,sutficient �° •` ,
<br /> sums to enabie Lender to pay as they become due one or more of the foltowing:(i)alt taxes,assessments and other charges against ,
<br /> the Property.(ii)the premiums on the property insurance required hereunder,and(iii)the premiums on any mortgege insur�nce
<br /> requlred by Lender.
<br /> 8. Metntenance, Repatro and Complience with Laws. Trustor ahail keep the Property in good condidon and�epair,shall
<br /> promptly repair,or replace any improvement wh�ch may be damaged or destroyed:shall not commit or permit Sny waste or
<br /> ' deterioration of the Property:shali not remove.demolish or substantially aiter a�y of the improvements on the Property;shei!not � .
<br /> commit,suttet or permit any act to be done��or upon the Property�n violation of any law,ordmance,or regulatlon;and ahall pay 8nd
<br /> prompUy dlscharge at Trustor's cost and expense atI liens,encumbrances and charges tev�ed,imposed or asseesed agalnst U�e
<br /> � Property or any part thereot. f
<br /> 7. F.rnlnent Domain.Lender is hereby assigned all compensation,awards.damages and other paymenta or reliet(herelnafter C
<br /> ••Proceeds'7 in connection w�th condemnat�on or other taking of the Property or partthereof,orfor conveyance in Iieu of condemna- �
<br /> tion.Lender shall be entiHed at�ts opUOn to commence,sppear m and prosecute in its own name any action or proCeedings,8nd
<br /> sha�l also be entitled to make any Comprom�se or settlement in connect�on with such taking or dam8ge.�n the event 8ny portion oi �
<br /> the Property ia so taken or damaged.Lender shall have the option,in�ts sole and absolute discretion,to apply all such Proceeds.
<br /> _................s.....tie.e�...,.�ou�r,�r�anri w■nanaes�ncurred bv it m connectiOn w�th SuCh ProCeedB,upon 8ny irtdebtedn98s 88CU�ed 5
<br /> ....n..............._..------ -
<br /> "rareby and in such order as Lender may determ�ne,or to apply au such Proceeds,afte�such deduc0ons,to the restoraUon ot the �
<br /> Praperty upon such condiUons as Lender may determ�ne.Any application of Proceeds to�ndebtednesa Shall not extend or postpone
<br /> t:�e Gue date o4 any payments under the Note,or cure any detauit thereunder or hereunder.Any unapplled funds shall be paid to
<br /> TruStOr.
<br /> 8. Per4er.r,anee by Lender.Upon ene occurrence of an Evont of aetault hereunder.or�f any act�s taken or legel proceeding
<br /> � ca.��menced which materiaily atfects l.end�r's�nteresc�n me I�rogerry.L¢ader may�n�tsown d�scrcaon,but withoutobligatfon to do
<br /> � so,and without nodce to ar demand upon Trustor and wrtnout r��eas�ng Truscor rrom any ob'�gaUOn,do any aet which Trustor nas
<br /> agreed butl��is�.o do and may a�so do any other act�t aeems necessary co p�ot¢ct tne sacunty nereof.Trustor shall,immeG�aUa:y
<br /> ' upon demartd c�•m�efor by Lender.pay ta I.�nQor all costs and expens2s��curred and ss,ms expenaed by Lender m conrtecnon���
<br /> � � the ezeruss Isy�ender of tne forogotng ngnts,together w�th�nterest rhereon at tna dafautt rate provided in me iVOte,wn�ch snall bo
<br /> ; added to she mdebtedness secured he�eby. Lender snan not �n�ur any i�an�i�ry n�cause of anything �t may do or omit to do
<br /> � i MarE3under.
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