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<br /> _ . . _ __ APPL1k 001-O�OSO4
<br /> CCDM d100481876
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<br /> MOME FEDEIiiAL - GRAND ISLANO _
<br /> 2?1 South Lacu:t St.. P.O. Bc�x 1009
<br /> CirAnd I�land. N�bnsk• 68802-'l009 ��—� 1,t}�rf�;
<br /> 308-382-400U
<br /> ACKNt�WLEDC3MENT Ta DEED O� TRfJST �
<br /> The undersigned"Trustor' a:ideRtitietl in tM fallowinp D�ed of 7ru�t,whether ane or more,understend ihat ths
<br /> ducument they era ebout to execute is�Deed of Trust�nd nat a rnort�psps, and that the power of aele provided iar
<br /> in the Deed of 7rust providea aub�tentinlly dittsnnt rfyhts s�d obllg�tions to the 8orrowera t the Beneii cery's�ipht
<br /> avent of a default or breach of obllpetlan under the pssd of 7ruat,Includtny, but not Iimited ta,
<br /> Tr�tas epressntsrend weuce�nts th�thiatAcknowled�ment wt�e elxecuted byrthsm befoha tha�xs�c+�ton vi t1 eeDeed
<br /> of Trust hsrA�fr.�r smt torth. �� �j � �y�'
<br /> � �YQ
<br /> ��T NORTHUP
<br /> �/Yr7/0/1 . L/. ���.�11eC�—�°-------�
<br /> $�11PflSLA A NOATIIU�
<br /> HOME EaU1TY LINE CaEEID �IF ��U��' �-:
<br /> �,� � 1998 Ibetwsen
<br /> ���^�^ �^T C1GeJ r,^.r.de*_his 7Tx day of �:
<br /> i�i� �nLu. .... --
<br /> YN01171.4 T NdtTKVP l�tiD PaNCLA I► NORYHtlP� HU&EAIiD )WD MI1t
<br /> w a•' 1417 N SHHRIDAN AVBr aR1127B 3:fiId0�1Dr N8' 68603
<br /> hereinafter aall T�uator ,whose msilin�addrest is
<br /> ;ss "Tru�tee"; end Hume F6dural Savinys and losn Associat+an of Grand Isla�d,vvMoas
<br /> msilinq sddress is 221 ��uth Locust, P.t).Box 1009. Grand Island, Nsbra�ka 88802, as "B��eficj�ri7"�,
<br /> For valuabi�con�id+�s��1bn, Trustor IrravoCably prants,trdnsferc, canvsy� and �ssi�ns to 7rustfl�a, In trust, with
<br /> p�wo�of sa�lei,fr��r ths b4+nofit and security of 8eneficiery, unde�snd aubjsct to ths terma and conditions of this Da�dl
<br /> 4f Trt�st.tha�l�lwawiny ciesaiiuw+N�i+isaK'i ��C�!�� .n
<br /> N:t�[,L
<br /> ; tV:tsr�lska,to w1t: • •
<br /> � " TH� SOLTl�i 'TfIBNTL°' �1'WR FBET (24') OF �UT Tffii Q�l�'� 'AND �'L''h3� NORTH TAIRTX , .
<br /> � ,:TNO P'SST (32'1 (3:F 1.47f THSL�IB (12)� HLOCK TfiR� ��1 , ifi�7.ii�'�RSITY PI.J1C8. ;` ,
<br /> ! AN ADDITION TO T3iI: �CZTY OL�' CGRAND ISLIIND� HAI�I+.!L`I�VNTY� �.i4�"'t"��51�• .
<br /> . �,_ .
<br /> , . � • , ., '
<br /> toqether witlo�all�bulldinys,fixtursa, l�c�Pr•ovsment�end app�arK�o�nances theretunto bsloq��inc�,�it bei(tg��rs�d th�t sll�of (;;,;,
<br /> the forspotnp shdl 6a 1�teinafter rofeireil to as tho"Property"..,.,'� �,`.,' .. I,•' ' � • ' �' •'' '
<br /> ��' '
<br />= FOR THE PUFtPOSE���SECUHING performe�co of each agreement:�n�d cbvensnt of Trustor hdreln cflntwn 'a�1d, ;:
<br /> the Reyment�S4 the prin�i�al sum of 'n�=�'1'Y rrr� zHSx�sn�m nc+i.s�xs � ���'e � , ,
<br /> Dollsrs (� ��.000.oo •• 1, es svidenced by a IW�qme Federal Home Equlty Lo�n �►preement betwesn � � _
<br /> Tru�tor and Beneficlsry•dYhs"Loan Agraument"1,p�tauent to w�ich BensficSsry will sdvance funds to Trustor fr��t�lns '��,�,
<br /> " •�o time et tt�e interos3 ir.at.�s and upon the term�� p�JOVlded thereln. together with eny aum or uums of mone►e,v,++�th �
<br /> � ... •intsrsst therson whlah�nn};�Q',+ereafter ba pe+d q�: nclvanced unde�the tertt��of thla Dewci af Trust,both principal wm .
<br /> � �nd intersct thereon bein� ��Yable �ccordin�ti� ¢°h� tsrms set forth in it�e Loan Agreement, rsference to whlch ie •:,..,
<br /> hereby mude, at tM offlce di the B�errdficlery Ire Grand IslAnd, Nebra�ke, or et such cytltsr place e� Benefi�lary may
<br /> � desipnete tn writing.
<br /> '66ti�U�TER AND BENEFICII�►RY COVENANT AND��C��I��AS FOLLOWS:
<br /> —� �, yy�rr�ttty ui'fFtl�. T�uetor is lawfully seuxed of tha Proper3y: �as�mod rlght end lewful an��t���rltY to sell and
<br /> —� convey tk�s IProperty; the Property is free snd cteer of sll liens snd encumbrances excspt Ue�s now of rscord; and
<br /> — Trustor wiEl warrant �nd defend the title to the Property u�nto tlw� Yrustee and its auccessors and assigr�s fasver
<br /> � against th�s cYsims mA aPU persqns.
<br /> 2. pa�nNnt nt�inclpd �nd IntKat. Trus�or sh�ll punel:u�11/p�Y t�principel of.end interes6 a►, ali odv'ances
<br /> . -- �-��_,,,,_,,,,�,,,,„„�,,,,,,,��v��,��p�����o�o�itiona and provlaions of s�y othsr sxurit9l
<br /> undcrr�e�e ia,....,��,,,4��........._...�-••----•-. . -
<br /> -- instrc�rrr�nt�ive�n irr cxxsnection wlth this tranaectfon.
<br />--- �„ ��r�r�t;on end M�tenrnu ot Rrog�rty Trustcrr �wiN nat c:orrnrr�c��nW�'�ee upon the Propert�at wiil, at
<br /> - �dt sie�nes, mafnteln tha �eme in good order end condltion and wil� rrrak�� trc,�:.T�JmTe to time, sll r4peir:, re�newal�,
<br />�'� replecements,eddltlom and improvemenU whlch are reeaonably requir�cc6 t��+��sve+�t w'+�ts�K�sl¢�ai`i'rn°4^t or detrrioration
<br /> �� of �afd property. Na buildln�or Improvement now or hersafter erectec�uporr tha I�►'o�s���b���� r°mov°d
<br /> :�x
<br />_�.-� or demoll�hed without the prior written consent of B�n�ficiary.
<br /> 4. Inivaiw�c�. Tru�tor,�t its exp�nse,wlll m�lnt�ln with fn�urs�s approved bY��satieficlary,inaur�nc�s vrit��r�spsct
<br /> ;�� to the improvements snd per�onal property constitutin9 the P'roperty ege9nst las�by flre,Il�htninq,tornedo s�d other
<br /> °•- psrila coverod by atenderd extended cover�ge endorsement In en emount equel to st leaat one hund�ed percent of the
<br /> --�-'- full replacement velue theroaf,end Insurence egeln�t such other hAZArdt and in�uch�mount�s ir a�ttArt�ilY c�rried
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