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<br /> � � � AGOiOW!__Tr�wENT.OF DEED OF TRI�T _ . .
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<br /> ot s W pa+!i��d tor M 1h�QMd d Truat Orovidae sub�th►d�f fer'�rK�l�s and ob��►�to Trwbr lf un.��.in u»�'
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<br />--=- — � DEFD OF TRU$T 11YITH FliTllRE ADVANCES ' —
<br /> - - - n�s t�aF�usr.ia maas as a me�.Qt�._aay s�?br ana emona °�---- ��—_
<br />= t!leTitL�tcr. St£:ffeTl & liOW�e C�aCtors, S PdLt[�er5blp � . ------ ----
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<br />'�� � wtws�rtW�irp address it � 3 Box 3-A-1. Gcarid Is2antl, NE.6880�eio'Trustor."whathe�one or more� _:`_�_
<br /> t� Pive Pnittt� �atil�c A'�.�..•... Co,�Pprat{ac� . . ��`�`
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<br />� wt�ws m�ilinp aedcaas 1s P O Box I507. Giand Is3��'�d. i�Il:_68802 � � � (t�eroin"Truqss°}.and �-�=
<br /> -- ���, Fi.Ve Fb#.nts Ban1c ` . • —�__
<br /> P.O. Hox ]507. Crand.Island� I� 68802 (ne�e�n"�endar�• ���"`� :r
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<br /> ��f' ` FQR VALUABLE CONSIDERATION,is��adiay Lenders extertaion of creclit identifled herein ta��� fi �
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<br /> . f r,_, COfltt'dCtors, A Pc't�tnP�Bhi.�s ' • {herein"BoROwer",whether one of more)and the trosl herein createA. ��°
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<br /> '�"'1 ''• . the raceipt ot which ia hereby ackoowTedged,Tcustor hereby irrevocably grants,transfers,canveys and asaigns to Trustee IN ��z=.rro—�
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<br /> TqtJgT,WlTtlPOWEROFSALE.torthebenafdaa0securiryotLender,underandsubjecttathetermsartdcondiUonahereinatteraot s`�;^�,..—,__
<br /> - � iorth.tl�e reel prnperty.descdbed as foltms� . , . "�:-���
<br /> � �k IAt Rw2[lty-0!]e (21)� R & Ba $20W�d SlabdiVi.SiOA� &�].1 QOUAty� NEb7E3Ska- '�:t�
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<br />� �� ;.•• Topether with ali buildings,improvements,tixtures,s'treets;alteys..passageways,�sements.ri9��s.privifegesand apparte- --,:•r: :
<br /> �s i nanCes lacated there0n Ot in anywise pe^�=�Irtg thereto.and the rents.�ags and profits,reversior�2r.d remainders thereot,artd . , •
<br /> auch peraonal property that Is attachedt�cE:e tmprovements so as to c��sstifute a Tixture,inciudin�IZU�not Umited to,heatlnp and , �^
<br /> f_� • coolln�equipmank and to�ether wlth the Esomestead or marltal interests,Hany,which interests ara h�reby releasaf and waived;ail -.. . .;;�:-��
<br /> ���i _ of whicb.includinp repiacemer•�and addit�ons theteto,is hereby deGared to be a part of the real estate secured by the lien of this ;�.t:,,, . �, '� . 1�_.
<br /> 'r � •<� Dsed oi Trust and aq ot the€�.�o1aS be'rng reTerred to herein e�the"Property". ; fr•,. ���. -
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<br /> "'=` T h i s D e e d o t T r u s t a h a l l s e c u r e(a)t".^2�a yment of the princi pal sum and intere�t evidenced by a promisaory oote or credit ,.
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<br /> � = ` `'`'�`• ayreement datad �pri 10 1992 ,having a maturity date of ��'r �• 1992 _� � : � :'�--�� ,�;,,
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<br /> .. �y,,,;�; :�, ; s�the ori�ina)prinCipal amount of S�. ,and any and atl modifications,extensions an0 renewats ,. �4 f.,
<br /> � r:. -. -���«�` tt.f�reot or thereto and any and ail tuWre advances and readvances to Bo►rower(or any of them 11 more than qne)hereunder � �-^��,'�;
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<br /> .�' .��:.:-� �'''�` purauant to one or more promissory notes or credit agreements(heretn catted"Note"Y(b)the payment c�:'other 9urtts advanced by L. . � ;�.:---
<br /> ' �.'"� ' LendertoproteCttheaecurityoltheNote;(cNhepertormanceolailcovenantsandagreementsolTru�zrsatfoRhherein;and(d)aQ �'' , - +'�'"�"�`
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<br /> � „��;TA�, , ,present and future indebtedness and obtigations ot Borrower{or any of them if more than one)to i.r�-i�.r whether direct,indi�ec� ---
<br /> ab�olute or continyent and whether arising by note,gua�anry,overdraft or otherwise.The Note,this'�eed o1 Ttust and any and all �. •. „ ���-`.
<br /> �' ��;���:�'� othe�docuentsthat�eCUre the Not�ot otherwtse executed ln connection therewith,including withouS IimiYdtion guarantees,secudty .
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<br /> � ''t '"" � a�reemenb and essi�nments ot leas0s and rents,ahall 0e reterred to herein as the"Lo�.n Instrum.ents". � .
<br /> "� ��' TruBtor cavenanis and agrees with Lender as foi�ows: � i �
<br /> `•:.s'•`��-.`�'.':� 1. Ply�M1f1 W Ind�bl�dnNf•A�i indebtBQness seCUr@d hereby shall be paid when due ( .
<br /> � . • `��'•` 2.Tf�e.Trustor is th9 owner of the Property,has the right and autho►ity to�onvey the Prc�rr�'and warrantg that the Nen r
<br /> � � • � created hereby is a ttrst art0 pnor tien on the P�operty,excapt for liens and encumbrances s�t'toRh by Trustor in writing and : •-
<br /> � ' � . Qelivered to Lender before execution o1 this Deed of Trust,and the execution and deHvery o1 thia�eed o!Trust does:�ot violate any ' .
<br /> �'j;:�:.,. • � conhaCt or other obli�etio�t�which Trustor is subject.'
<br /> :,��� �.� 3.TaxMR A�I�m�nta.To pay before delinquency:;.0 Saxes.special assessments and ail other charges a�a.rnyt the PropeRy �
<br /> ,�,• now ar herea.'!er levled. , �
<br /> , � •�- .,:;;,:;' 4. Inws�ee�to keep the Property insured againat Camage by fire.i'azards included within ther.:?rr•'�xteneed coverage":2r� � '.�`� `
<br /> �.`�'.'` � '�':� suCfi OthO►hdZ3!Qs as Ls^?e►may require.In amounts a�d with compaaies acceptabte to Lender,r.,���g Lender as an additicf.� , r'•,.��'
<br /> =+;F;};,�-•.: ��:•. ' named insure3,wl�_Icss G�7�6►a to the LenQer.�n case c`:oss under such pohcies,����ender�s u.��'�rized to a�lust,coltect ana ;,..,;.. ,' • °�,'��.
<br /> � �:',��:�,�-' . compromise,a.t cia'rn�s�"�eander and shall havethe o,�:�-.��ot applymg aU or part at'r��r.suranCe reWceeds(i)to any inCe6tedness ;;,.�.��� ,; ., �.•
<br /> ''< • �� � � . secured hereby and in su:.-"��Qer as Lender may daterm�no,(ii)to the Trustor to be 1�tiar the re;.�;r;�r re8toratian of the Properly ���;°��;
<br /> � • - '�""`• or(ili)toranyatherpurpeseoEObJeCtsati913CtorytoLenderwithoutaHectingthelienc�::�is0eedcftr�;;ttorthefullamounlsecured ;• ��_ •
<br /> ' ' .'s::;+��. hereby betore such paymeM ever took piace.Any appticatlon of proceeds to inCebtetlness sh�t:�t�xtend or posfpone the Que ; . . . •.
<br /> ' � ��.' • dals of aoy payments under the Note,or cure any default thereunder or hereunder. s . ,
<br /> � �• ' S. Etcrow.Upon wrltten demand by Lender,Trustor shail pay to Lender,in�uc�'��anner 8!L�itder may designate.9ufliCient - �
<br /> ' '�`�- ` � " sums to enabte tender to pay as they becom�due ane or more of the tottowing:(i2 a��taaes.assea�menta and other charges againal .
<br /> - - ---- -� tlte�roperly,(U)the piemlums on the proAertyr inauranCe required hereunder,and(ssi}the premlums on any mortgage insuranCe �
<br /> . �equired by Lender. , '
<br /> � ' 8. MatnMnane�.N�Ua and Compilsnc�wNb Laws.Trustor shatl keep the Property in gaod condition and repa�r;shau .
<br /> . �. , prampUy repair.or repiace any imp►ovement which may be damaged or destroyed:shail not commit or permit any waste or . �
<br /> ' deteNoradon of the Property;shall not remove,demolish or substantiatty alter any a}the improvementa on the Properry;shall not
<br /> � eommit,suffAt or permltany sctto be done in or upon tt�e PrOperly in vtolaUon ot any�aw,ordinance,or regutatian;and sda11 pay anQ ,
<br /> ' prompUy di�charpe at TrustoPa cast and expense all Ilens,encumbrances and charges lev►ed,lmposed or assessed against 1he
<br /> : .. .. Property ar any pat!thereo}. . . • , .
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<br /> - 7. EfiT�ifAf DQlflapl.Lert�er ts hereby assigrteit ati cQmpensati�n.sw8rds damagas ass�d ather pay�su�ls o[r�3Ct(heretna8e�
<br /> � � "Proeeeds"!ln eonnecNOn with eondemnaUan or other taking olthe Property or panthereol.or tor eonveyanee ln Ileu of condemna-,
<br /> ' � • Ucn.Lender sheil be entitled at it�option to commence,appear in and ptoaecute in its own name�ny gcHOa o►preceeding�.end .
<br /> � shalt atso be entiUed to make any compromise or setttement ln connection with such taking or damage.tn the event any porUOn ot � .
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<br /> O t!MlWimYluiY olCanmxul�ull aMStv�eq�Attee�xron.t,nmlti HrEr� '
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