86103883 - Laserfiche WebLink

Browse

DEED OF TRUST S6- 103883 -. THIS DEED OF TRUST, made this_ "_ 4" ":O Y1^ and r `.i:_._ day ot..._ _ss.� t9_ >� by and among _ � �" +ter � � - -- taHri whose mailing address is (Street) -- ' i so-, __ (City) '_nand Ts land (State and Zip) }' ^33 fi:- '. :� (herein "Trustor "); and _ T�? ' --S, DQ r i v)' :3ri ._ whose mailing address is (Street) r7 (City) _.7 :1 � :i (State and Zip) P br a sk, E �• (Herein "Trustee "); and _limik i 1s>T11_fr iz;� ___ -_• whose mailing address is (Street) P-0- RO X . ._._ T: 1, '?rlot?._(StateandZip) `P..12'_r;i3 ` .__.(herein -Beneficiary FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and the trust herein created, the receipt of which is hereby acknowledged, Trustor irrevocably grants, transfers, conveys, and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and secur- fly of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real property described as follows: Lot i':e (_) in `lock r'i'3i`t:y S �%: � i;. Cliiarl.^,_ .' :��!i ?.�I'•r� Add.i+iion and .'�I't :rr . 1i2.i'll.:.. 'ic`i°- rri @ ?'rS_iCCCt -:I riL? :" ±ill' to i,'?._ vita of ' i.r•drr4 TS12ixd Hall County, 1"er,naska. TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the real property: all leases or subleases covering the real property or any portion thereof, now or hereafter existing or entered into, and all right, title and interest of Trustor thereunder; all interests, estate or other claims. both In law and in equity, which Trustor now has or may hereafter acquire in the real property; all easements, rights -of -way, tene- ments, hereditaments and appurtenances thereof and thereto; all oil and gas rights and profits, water rights and water stock; all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land lying within the right -of -way of any street or highway adjoining the real property, any and all buildings. fixtures, improvements, and appurtenances now or hereafter erected thereon, or belonging thereto, (herein referred to as "Improvement" or Improvements"), and any and all awards made for the taking by eminent domain, of by any proceeding or pur- chase In lieu thereof, of the whole or any part of the real property. All of the foregoing estate, property and interest hereby conveyed to Trustee herein collectively referred to as the "Property ". THIS DEED OF TRUST SHALL SECURE: (a) The payment of indebtedness evidenced by Trusior's note of even oate herewith in the principle sum of _T i -, r t " i ` e Th o us-and - -\ �•� �.._ a :: u.. Dollars ($ together will, interest at the rate or rates provided therein. therein, together with any and all renewals, modifications. and extensions thereof, referred to as the "Note ") both principal and interest on the Note being payable in accordance with the terms set forth therein, reference to which is hereby made, the final payment of ?_rincipal and interest, it not sooner paid and it no renewais, modifications or extensions are made, due and payable on, (b) The performance of each agreement and covenant of Trustor herein contained. and (e) The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this Deed of Trust. (d) The payment of any future advances necessary I protect the security or any future advance made at the option of the parties. and (e) The performance of an obligation of any other person named In this Tru5t Deed to a beneficiary. TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS. 1. Payment of Principal and Interest. Trustor shau promptly pay when due the principal of and Interest on the indebtedness evidenced by the Note, and all othercharges and tees as provided In the Note, and the prmclpal of and interest on any Future Advances secured by this Deed of Trust 2. Warranty of Title. Trustor is lawfully seized and possessed of good and Indefeasible !life and estate to the Property hereby conveyed and has the right to grant and convey the Property, the Property Is free and clew of an bens and encumbrances except liens now of record: and Trustor will warrant and defend the title to the Property against &:, .;alms and demands 3. Maintenance and Compliance with laws. Trustor shall keep the Property m good condition and repair and shall not commit waste or permit impairment or deterioration of the Property and shall comply with the provisions of any lease If this Deed of Trust Is on a leasehold. No improve- ment, now or hereafter erected upon the Property shall be altered, removed or demolished without the prior written consent of Beneficiary. Trustor shall comply with all laws, ordinances. regulations, covenants. conditions and esir!ctions affecting the Property and not commit. suffer, or per- mit any act to be done in or upon the Property in violation of any law, ordinance. regu!allon, co +enanl, condition or restriction. Trustor shall com- plete or restore promptly and In good workmanlike mariner any Improvement on the Property which may be darnaged or desl(oyed and pay. when due, all claims for labor performed and materlais furnished therefore and for any alterations thereof 4. Insurance. Trustor, at its expense, will maintain with irsurors approved by Beneficiary, Insurance with respect to the Improvements and per- sonal properly, constituting the Property. against toss by fire, Lghtning, tornado and other perils and hazards covered by standard extended coverage endorsement, in an amount equal to at 'east one hundred percent of the full replacement value thereof ano insurance against such other hazards and in such amounts as is customarily carried by owners and operators of slnvlar p fopertles or as Beneficiary may require for its protection. Trustor will comply with such other requirements as Beneficiary may from time to time request for the protection by insurance of the interests of the respective parties. All insurance policies maintained pursuant to this Deed of Trust Shall name Trustor a.1d Beneficiary as in sureds, as their respective Interests may appear, and provide that there Shan be no canceilalion or rnodd,catlon without any less than 15 days prior written notificat; ;t to Trustee and Beneficiary. in the event any policy hereunder Is not renewed on or before 15 days prior to Its expiration date, Trustee or Beneficiary may procure such Insurance In accordance with the provisions of paragraph 7 hereof. Trustor Shan deliver to Beneficiary the original policies of Insurance and renewals thereof or memo copses of such policies and renewals iheret)l {=allure to furnish such insurance by Truslor, or renewals as required hereunder shall, at the option of Beneficiary. Constitute a default. 5. Taxes, Assessments, and Charges. Trustor Shan pay all taxes, assessments and other charges. Including, without limitation lines and ni positions attributable to the Property, and leasehold payments or ground rents. If any, before file same hecon,e dellqueni. Truslor shall promptly furnish to Beneficiary all notices of amounts due under this paragraph, and in the event Trustor shall make payr,111 dlrec,Ny. rrustor shall prompt ly furnish to Beneficiary receipts evidencing such payments. Trustor shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust without regard to an) law that may be enacted imposing pavment t)f the whore or any part thereof upon the Beneficiary I-- __j