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<br /> , - ` � DE�OF TRUST WiTI� FaiTURE ADVMtCES � . . ,'� - -
<br /> � ` 30th da�o Jan. � ,t9 9� by and emong � . ..° . , -
<br /> . . THtS OEm OF 1RUST,is mada es ot the Y f • ;
<br /> � . ' husbanQ and �vife , ' , , ` 'x
<br /> . • ` tAe 7nismr. �IE 6882� � ' � � -
<br /> s
<br /> � ' •- 5930 N• 80th Road Cairo m��n'?n�tor.^whether one or more�. °
<br /> • . whose mailing address is < '. � •-
<br /> . Ccr oration • ' �
<br /> .
<br /> :. the Tru�tea. `�
<br /> - -�'=� .-- p.p, Box 1507 Grand Islan�, NE 6B802 (herein'Trustee"),and _ _ _
<br /> , whose m8it6ng sddress is �- — �
<br /> , ri� �... �e�ngft�� Five Poin�s Bank � ` ` : -
<br /> � • ' � 2015 F;. Sroadvell Grand Island. 1�E•�6H802-1507 �herein"Lende�'}. ,- � � --
<br /> . .--. - , �, � ' whcse maiting address is � Robert A Hancock - .- -- , .
<br /> -::.:__•-._' ."
<br /> � ' �-� ' FOR VAWABtE CON1SiDERATiOIV,inciuding Lendefs extensfon of credit identifled herein to ; .�°� ' �
<br /> - � � Patricia J Hancock (herein"Borrowe�',whether one or more)and the trust herein create�. , � ,.
<br /> ' ' fhe receipt of which is hereby acknowledged.Trustor hereby i►revac�btY 9ranb.transfe��►�eY$and asstgns to 7ru�e.fi�l .. . •� �.
<br /> � . . � ..:•-..;
<br /> � � `- TRi1ST�WtTHPOWER06SALE.torthebene�tandsecurityotlender,underandsubjecttothetermsartdcondittonshereina[terset ,
<br /> ' - ,� faRh,the real propeRy.described as foltow� •'• _
<br /> � ' Lote Qne ti). Tvo �2�. Three �3�• ac'a Four t4). Bele Second Subdivision ta the .
<br /> • ••� � City of �aratzd Ialand. Ball C�unty, Hebraska. ,_�,, _
<br /> � .. : . . . , ..y " . �
<br />_.., . , , _
<br /> . •..:�. . , . •
<br /> . ..� . eways.easemertta.�i9hts.P�tsges and sppurta- .. �...;..,.:_
<br /> _ ._'_. :., .<`..`--- _...Sogeti�Bt ntCth.aii.buitding&.improvements.fixtures.atreets.atleys.RassaB . _ . . ._ __ __
<br /> ;:,�,.
<br /> . . nances located thereon or tn anywise pertalning 3f►�reto.�ndthe-renta issues�anQ�mfits,r�evere'•ons andJemaind�t&�e_teof,end . _
<br /> ' + � � such personal properry that ta attached to the improvements so as to constitute a 8xture.tnctuding,but not limited to.heatin8 aed . . ;�-
<br /> - cooling equipment and together with the homest�ad or marital interesis,lf any.which Mterests are hereDy reieased end waived:all � ..1�:
<br /> � o!which,including replacamants and addttEons thereto,is hereby declared to be a paR otthe real estate secured by the Iten ot this . �_
<br /> . - ' . . . Qeed af Trust aad alt of the biegoirtg being referre0 to herein as the"Property'�., . . :—'a�'4.
<br /> This Deed of Trust sha11 secure(a)the payment of the principal sum and iaterest evidenced by a pro�►issaYy note or credtt . � ��:,
<br /> � ' ' Januarv 30Lh 1995 __having a matu�iiy date of February lst 1998 � . •-
<br /> . . , �. egreetnatn dated . . ��<
<br /> � ' � � �00.000.0� and any end all modiflcatIons,exteaslons and r�mewals ° =�'�
<br /> . . • • in the oAginat pr(ncipal amount ot S , � ;.
<br /> t h e r e o f o r�e r e t o a n d a n y a n d a l l t u t u r e a d v a n c e s and readvances to Bortower(or arry o4 them it more ttian one)hereunder �.�?. � �'
<br /> �' , pursuant to one or more promissory notes ar cred(t agreements(hereincalied"Note"►;(b)t he paymen t o t o t h e r s u m a e d v a n c e d b Y : ',t•.
<br /> Lender to protectthe secu�tty o!the Note:(c)the peAormartce of a��co�►enants and egreemenLg of Trustor set fortt�herein;and(d�all : r,�, �
<br /> . , .rt!'.'r'; .
<br /> present and future ir�ebtedness and obftgatlons of Sonower(or any oi them if morelhan arte�to Lender whelfler direct indtrect .;�, ._
<br /> absotute or conUngent and wt�ether artsing by rtote,3uaranty.overdraft or otherwisa The Note,thts Oeed ot Trust and any an�all ;�3-'
<br /> ' otherdocuentsU�atsecuretheldoteorotherwiseexecutedinconnectiontherewith,inctudirtgwilhout8mitationguaran�es.secudt/ _._•,.�: ;f a� ..
<br /> - • . ag[eements and assignments ot leases and rents,shatl be referred to herein as the"Loan Documenta". %.� n
<br /> ;% . . .� Trustor covenanis and agree3 with�ender as toitow� ..
<br /> � �,p���t Ind�bUdnq�.Atl indebiedness secured hereby sheil be paid when dua , . �::
<br /> 2,Titt��rustor Ia the owner o!the Propert�r,has the rtght and authoriry to convey the Property,end warrants that the lien � � - �
<br /> �� � � ereated hereby is a first and pdor lien on the Property,except tor Ilens and encumbrances set torth by Trustor in w�1Ung and ,,.�;.�.;:
<br /> • del(vered to Lender betore execution ot this Oeed of TNS;and the executlon and deftvery ot thia Deed of Truat dces notvioiate arry ,
<br /> � contract or other obtig8tlon to which Truator is subject . ' ,-
<br /> � � • g,q�p„�n�nb.To pay betore detinpuency all taxes.special assessments and all other charges against ths Properry
<br /> now or hereatter tevled. �.��. .
<br /> - - v � 4.trtwra�u.To kesp the PioperCy insured agafnst damage by flre,hazards included w(thin the term extended coverage'.and . . . 5.. ... .
<br /> sueh other hazards as Lender may requlre,in amounts aad with companiea acceptable to LenQer.namirtg Lender as a�addiHanal .,•.,
<br /> " named fnsured,with loss payabte to the Lender.in case of toss und�r s�reh policiea the Lender is autho�ized to adjust coltect and �,;� ..•`
<br /> � " � compromise.ailclaimsthereundetandsfiallhavetheopUOnofappiyingallorpartoltheinsuranceproceeds(�tvarryindebted�ess , .
<br /> secured herehy and in such order as Lender may determine.(ii)to the Trustor to be used for the repai�9r�estoratton of the Property
<br /> yl � -..-... : .. orpii)toranyotherpurposeorobjectsaUstactorytoLendetwithoutaftecUngthelienolthis0eedotTrusttorthefu0amountsecured
<br /> • � Aeroby 6etore rnich payment sver took ptace.Any appticaUOn oi proceeds to Indebtedness she11 not extend or postpone tl►e due
<br /> date ot any payments under the Nate,or cure any default thereunder or hereunder. �
<br /> te
<br /> ; 5.Esemw.Upon written demand by Lender,Trustor shall pay to Lender.in such manner as Lender may deslgnato.sufftcient
<br /> sums to enabi9 Lenderto pay asiheY beccme dueone or more otthetotlowing:(i)atifaxes.assessments and other chargesagalnst
<br /> � � . I. the prcperty.(ii)the premiums on the property insurance required Aereunder.and pif)the premiums on any mortgage insurence � . .
<br /> � ' . . ' . requtred b�j Lender. in ood con9itlon and repair.shall .
<br /> � � � 6. MalntNfuu��R�(���4 Ca�D���*����'Trustor shall keep the PropeRy g
<br /> �• �� � � � � promptty repair,or replace any improvament which may be damsged or destroyeQ:shaU rtot commit or permit any waste or �
<br /> defaripraUon ot the Pwpestyr.shall�ot remove.derteollah or substantlalty 81ter enY of the improvements on the�tl h�i�y ana !
<br />- •; � • � commitsuNerorpermitanytacttobedonstno►uponthePropertyinvlolaUonotenylaw,ordinance.orreguiatlon; ���e I ,
<br /> �. � � � , promptiy dtscharge at Trustofs cost and expense all uena,encumbrances and charges levled.imposed or assessed e9at �.,
<br /> - PropaRy or any paR thereof. .
<br /> �, �tntnMtpamatn.Lertder ia hereby assi8ned ail campensaUon,award9.damages end other payments or retief(herelnafter
<br /> � � � "�racesds'�Incennectlonwithcandemnat�onorathertakingofthePropsrtyorparlthereot.orforeonveyanceiniteuotcondemna-
<br /> t3on.Lender sriefl be entiUed et ita opUon to commence,appear in end prosecute in ib own name any acdon or procaodings.and
<br /> ' �� •• . _ sl�a11 atso be entl8ed to make any compromise ar settlement In connectton witA such taking or dsmage.tn the evem any pordan o!
<br /> • tt�e PropeRy i9 so�n or damaSed.Lender shait ABVe the option.in Ib eote end ahsoluta,dtscretton,to appiy all such Ptaceeds.
<br /> �� ' � after deductiogtherefrom all cosfe and expenses Incurred by it in connactton witt�ouch Proceeds.upon any indebtedness seeured
<br /> •� � .• - hereDy and In suct�orQer as Lender may determine,or to appiy a11 sucD Proceeds,after such Qeductlons,to the restoratton otthe .
<br /> � .� � properryuponsachccn�fUonses4sndermaydetermine.MyeppltcetionofPrace9tistotntieDtednessshallrtotextenaorpos�one
<br /> t . tt�e due date of any payments under the Hote,or eure any defauit thereunder or hereundsr.Any unappiied funds ahatl0e paid to
<br /> � .� �. TNStor.
<br /> g, pa+rlptrt�ne�by Land�r.Upon the occur�ence of an Event at 0etault her.eunder.or i18ny act is talcen aa lega!proceeding
<br /> � �� eomm�ncedwhICAm3teriattyat(ectslender'sinteresEintheRroperry.Lende►maYinibnwr�discre4ion.butwithoutobfigaUonMdo
<br /> � ' so.an0 withoul noUce to or demand upon Trustor and without reteasln8 Trustor Nam any obilgatton,do any act whlcb Trustor has -
<br /> � � egree0 but taita to Qo end may atso do any other ect it deema necessary to proteet the security hereef.Trostor shalf.immediatety
<br /> ' upon Qemartd therefor by LsnCer,payto L9nder ell cost9 and expenses incur�edand sums expended by Lender tn cannectlon witt�
<br /> � � � ' theexenlsebyLenQerofthetoregoingrighb.togeti�erwitt►interesttheraonalthedefautirateprovidedintheKat9.whteh6hallbe
<br /> . .
<br /> .. _ _.__: _ _ . . _ ��Me��rtetestedrees9 seeured he�eby. �endor sha�1 rtot Incur any tiabitiry bec�use oi anything it may do or omit to do
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<br /> . 1 hereundar. � . - .
<br /> . . • : . . ( • . � .
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