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<br /> APPLN A01-OQ050439
<br /> • (:C�il 0100�81966
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<br /> HOME FEDERAL � aRAND ISI.ANa
<br /> 221 South I.aaust 8t.. R.O. 8nx 1�Og
<br /> Qr�nd INI� Q8 �2 s��BHOx-1009 98
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<br /> ACKNOINLEDOMENT TO DEED QF TRUST
<br /> 7ha und�r�l�n�d"Trustor"n Id�ntfN�d in tM followlrq D�d o}Tru�t,whathsr on�or more, underatt�nd th�t tF»
<br /> document thsy�rs ebaut to�xecute Is s Deed oi T�u�t and not a martgspe, and thst the power ot�ale pravidsd for
<br /> In ths Daed ot Truet p�avide� �ubotant(nlly differant ripht�and ablipetiont to the Borrowers then a mortgepe In the
<br /> event of�dniault or br�nr.h oi obligetlon under the Oes� o}T�uet,includl�g,but not timited to,the Beneficiery's right
<br /> to heve ths Propsrty Id�ntHled in the followinp Dsed of Tru�t �old by the Tru�tse without any Judlalal proaeeding.
<br /> Truetor repreaenta and w�rr�nt�thet thte Aakr►�o�wC+►dqment wes exec sd. them befare the executiun oi the paed
<br /> of Truet heroefter sat��th.
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<br /> FAItia'PR'L!i f'a
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<br /> IB J R
<br /> ' HOpI�E EQUITY LIIVE DEED OF TRUST
<br /> THIS TRUST DEED m�de thls �'� dwy of �Y , 1998 y�twaen
<br /> D A�JUI RJ1I117011TN 1N1.9 �0/�I� J R112Yf'ORTH. NU86111iD I�MD MIlR
<br /> � he►sinafter call "Trustor",whose maping edd�sss is �012 ii l2StiAL DR, a�ANi� 3t9I�7►l�m, N6 68803
<br /> ;ss'Trustss';�rvd�IHoms F�dKal S�virtya�nd losn As:pciation of Gr�nd Island,whose
<br />; msiUnq addresa ie 221 South I.ocust.P,O.Box SGr,I'�9,Grsnd Itland,Nebr�k� 88802, ss 'Be�efici�ry'.
<br /> For valuebie consi�deretion,Trustor irrevoc��J!U �rant�,t�ensfsn, conv�ys and aeeipns to Truates, in trust, with
<br /> c,,;;::�er at sals,ffls!!:�"�sr.sti*.�ns.+���:r�t�cs!�°::Wii�e^;, sr.a�sr.�aub;r�•*.�•!�•$rsna �r.d�r.alii�n:�f t�j-�J�d
<br /> 1 s�1•Trust,xhs followinq de�c►ib�d prop�ty loceted in �L ,
<br /> ;�� �Nebraska,t�wit: .
<br /> I,OT' SIXIBSN (16) I!I CASTLB 8&TATSS 5UBDIVISION, HALL �1'.talz'Y, NSBRASKA.
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<br /> � toy�tMr with sll buildinys,tixturss,lmprovements and app��ivrmnsnpe� t�tx�nto�niQS.�tng,it belnfl ayrsbd tMn��II of
<br /> � the torpoirq shsll bs h�reinefter roferrsd to as ths "P�ropert�".. ' �`•. . ' ,". . �•
<br /> �, FOR THE F'URPOSE OF S�CU�it�G psrtorrr��cq of s�ch aflr�bment ai�jd�cov�n&�nrt o�Tru�tor,tNcein contain�d snd
<br /> •• ths payment of th�prindpal aum of T� 'r++ousa�x� nor.�es c ra/rnrrs
<br /> ; pa���(S 10,000.oo ), s: evt�bnc�d by e Hom� Feder.al Hom• E:quity Loan�'la�gresms�t b*tween
<br /> Trustor snd Bensiicisry (the"Loan Agreement'),purauent to+which Benefi�iery wlll�ic�i�>>.nstice�fundi to T�ustor(rmrf.n time
<br /> to time at the ints�eat �ates and upon ihe terma providea�ihereln, together with��ny a�m or eums of mor�m�� yvith
<br /> :} intevest therson which mey henafter be paid or edvenced ur�d�r the ter�s of this'�Dq+ad of Tru�t, both princip:aJ Rum
<br /> �� and inter�st thsreon bsfny pay�ble xcordiny to the term� set torth irc n�-ne LOAn /��rsement, rofersnce to which i:
<br /> � hereby made, at tM offia of ths Benefici�ry in Grand AslanS��Nebreska, br M�u�h,other plece as 8enefici�y may
<br /> , ; dstignste.bn writtng. • " ,
<br /> ; � TFiUSTEH A�ih7ID tBENEFI�IARV C�VE�briNT ANI]AGRE�AS,�1�(�"_LOy1►S: �� �
<br /> � 1. W�ant�r of Tfd�, Trustor is lewfu��$�iz�d of the Property; ha�good right ensl law(ul�s�i$adrity%�it�:sYN and
<br /> ����cunvey the property;tihe Property is frae a� ���zr of atl Ilena and e��yr,mbrences except liemx�r��v�vw at e'e�vU�d; and
<br /> � '�` Trustor will werrant and defend the title io the ProperEq ur►to the Truatse end its succeaaors a�d atsig�i�us it.er,ever
<br /> � sQeinst the claims of alE persana.
<br /> . 2. Pavnwft oi PiindDal rnd Intarrt. Trustor shalt iaumcluwliv nwv thw nrInr.leud�f.and inr�r..r.�n ,diu��+,,z.,,.�.
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<br /> urxler the Loen Agreement ar�d will punetualill�r ptxform a�B a����ement�, conditiona and provisions of any ot�er security
<br /> ii�st�wm�ent given in connection with thi�t��aiTSn�cr;a�.
<br /> � 3�. Ihrwwv�tlon�nd M�int�nanc�of I�ty.. Tru�s,�r�r will not commit eny wsste upon ti�e prop�rGtis�at will, at
<br /> all tirnus, maintain the sema in goad order and condiiiicar� end will meke, irom Ytiny►► to time, ell rep�ira, reneweis,
<br /> rsplacamsnts,sddEtions and improvemnnts which er�reasonably requlred to pnwe�or w�sts,impairment cx deteriQration
<br /> of�eid property. No buildinp or improvement now or hareafter erectsd upon the f+roperty shall he ait�rad removed
<br /> or dsmolished without th�prior written consent of Bensiiclary.
<br /> 4. Iruwnna. Trustor,at its expenae,will maintain with insuren epprovsi!by Ebnsficiery, in�urau�ce•w.�CiS respect
<br /> to the improvements end�oarsonel property conatitutlnp the Property sgeinst!ost by tire,liphtninp,torneclla end otF►ur
<br /> psrils coverod by standKd sxtsnded covsrp��ndors�r►e�t in an amount�qual to�t leat ons hund��r�ht!f the
<br /> full re�plscerr�nt valus th�rwf, and insurancu agofn�t such otFt4r hezar�dt and(n euch amount aa ia c t0iterily carrlad
<br /> 9/94 408•1
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