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<br /> � . CW� 01004�3151 r- � ` �
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<br /> : � � -_`. ACQtR101IP�LEDt�MJENT TO DEED �F 7'l�dJST :�.-..._,_--,
<br />= --:-,-:�,;�•.-�o. Ths uitdsrss�n�°Tsusiar°aa i8eniif�ed lis Y!�tu!louuir�Qa�d af Trust.whstt�tr orte�a►aro.ur�dars3snd t�aL the .
<br /> , dacument they ars ehout w execute is e D�ed of 7'►ust antf rtot a mortga$e.and that the power ot sae provid�fos ::,}:._•'.�.T '.
<br /> . ' . in Ma Oesd of Trust pro�►ides substentia:ty different tigt�ts anti obiigations w the Boerowcars than a mortgage t�ths .,;.,,,•,.'.;_` .�
<br /> ; event af a defeutt or 6reach ot obligatMn urMsT the Oaa�of Ttttst.int�ud'mg,but nat 1'aue�to,ths Baneficiary's�f�t ' `=�'
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<br /> -` to have the Pro identt�efied in the foiloYVi ilaed of Trust soid by tAe Trustee�v�thovt any judiciaf Proa�c9i :{;' ;'�� ,� `.
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<br /> � Trostor�epreseMS end warranta that this Acknow3edgment was execu4ed by them bafore the execut�on of tha�$�i �;,>•;,;E,t:.:;;:..��
<br /> • . of.Trust heteafter set forth. ,:•<<�+-"�
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<br /> . . ' -_ TSRRY 8 R�LY � .' .:'.�,�
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<br /> . . �...:� i ' :�� Q�I�L�IE,E�fJ�4?:(i��QIE�E�� �F�°��B�V >:
<br /> ' . - THiS'II�AiST DEEO made thts 24TH � �. d�og .: Att�iT^'�..•: , 1998 betwee�n =--
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<br />� � he�einafter call°Trusto�°,whose maa�'mg address is 118 s'vi►i�;'��G9131tID ISL�IPID���I� 68801 ;, =_
<br /> ' �_,.�,t ;as"'frustee°;and Home Fedc�rda!Savings a�e6 toan Associadon of Grand tsiand,whose .::__
<br /> .. . . . . - mailing edd�ess is 221 South Locust.P.O.Box 1008.Greir�fii�Pand.1ltebreske 68802. as°8eneficiary°. -��"
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<br /> . , - - Far v�aeable consideration.Yaeestor irrevaaaBty grants.Urr��tsters,conveys and sssi8ns to Trustee, in trust.�vuith �'• �`r v
<br /> � - power o4�a'!s,for the benefit ancE�urity.of Benefidary,unHer and subject tu the terms and conditions of this 9Ar�Q `'��•;�•"°-
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<br />-- - - -� '� of Y�ust.th8 tollowing B�scti4ed��cr�tY tocat�d i� � . '.,`.',�;-•
<br /> �r� [�e�btaska,to wi� . -, .' � . � �•'' ;' �;:
<br /> '1'HS $ASTSRLY 82blTY (60l �E:�3T�Q*s"ddDPB".SI(i�iT (8). AJ SLOCK NII�TSTS!-TffitES � r - '_ ��`;.,r,�i i,'--
<br /> � �"�. _•� " (93�• OF TSR OR.zdII�TAL+ T'QFSDi,.,i l�pb�] �'E9P OP CiR11ND ISLIII�ID� AALL COII .N�.,'�� ; r :" � r "i- ---
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<br /> ' ` �ra3ether witb etl buitdings,tiMUtes�im�rovem8nts 8nd eppur�ih9rnr�T�mtA,L�ffi�+-r�5ng,it baing agresd�:tc�I of �> ;: ='° `
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<br /> �`� �' ��I� �� titte foregoing shall be hereinsfter;r�terred to es the'Propert�". `~:� � `:+.�,�
<br /> � ;' � FOR TNE pURPOSE OF SECURtNG performance of eac��rr�n��nnki�xvenant ot Trustor herein contained anA
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<br /> .� >� �,- the paymc�t af the principal sum�U Twatrr�r r�aosa�n no�� g c�olcac�rs , ,....
<br /> � '������� , Qopats(S �0:000.00 ' �, as evtdenced by a Home Fed2r�di�i$ome E.�uity l.oan Agreament tietween - '
<br /> _ , "" . ;' T�ustot eri�B8R0fICtery(the'Laan AgreBment'},�ursuant to which Bensfiia�ary witi3si.'car�r�e turtcEgtxaTrustor hom time � �� yr'�
<br />- � . , . ' to ttme at the iMerest rates and upon the Yesing�rovided therein, togettt�e wit�►r�s�c•ss�m c�r�of mottey with '�'�
<br /> ' •" •. - Interest thereon which may hereafter be paid cr��dvanced under the terms of this�CC�of Tnis�r LTDt11 pT111C1p8181i(il -� �•�•
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<br /> ' • ` and interest therean being payehlo according to the term�sx�forth in the Loan�,�m�ent, retetence to which is - -
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<br /> - r- hereby made, et the otf}ce of thc�Beneficiary in Grand ts[mrtdl„�de6reska,or et sucDr aptFnar ptace as 6en0flciary mey �_ �..�..::;_-_-:_--
<br />- .". . � designata lo wrttirtg. ' ' � �f`: -==_
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<br /> ,';`•:r:I ,'.. 7'RIJSTER ANl�BENEFICiARY COVEt'VA6U'P�INdT l�.6"i{fiEE AS FOLLOWS: �" ',r'``,"
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<br /> � ���� � _ � 1. Warrar�ty ot 7'd8e.� �rustor is lawfutty seized of thc�Prdperty;wes.gnod rtght and lewtul aut�ority ta sa}l and t ,, ��� `
<br /> ; `,,:', ,`�,y,��'�.�.� convey tha P►operty:the PrapaeE� is free and ctear ot a!!li,�rr�and ertcure�b►anea�axcept (iens now ot ra�ord:ena :�! . .� �.'
<br /> : ,,;i��,�;1<;F5 . Trustvr wi0 warrant and detdnd t�he title to the Pro�sr►y unno�the Yrustee and im:auecessors�and assigns forevar :`'''�;��;�������':.���'
<br />_ • ;: ageinst the ciaims of ail persorts. ' . '� ��.•��':`�;�.'.��
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<br /> . , 2. Payment af Prtneip��nA InQQ�ost. Yrustor shail punctuaity PaV the principal ot,and lntaroot on.ali edvances `'•�;:��:�;:'•�z`,'�:'
<br />_ : � � under the Loan Agresment snd wiQ punctuatty pe�torm a0 agreementu,conditloas and provisfions oi erry othe�soawity �``�'��
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<br /> ;, � � insnumant given in connectton�vlth'thls transacNan. .:_, •:��,�;;}�`;�
<br /> : ` , . 3. IPeeservation and Me�ntattauae o!Properiy. Trusxor wili nat comtpk any wsste upon the Piroperty at wi0,at "� l:'::'� �
<br /> ' � ell ttmea. maintaln the same in goad order and condition end will malt�, from ttme to time, a8 aepai�s, renewats, � _
<br /> reptacements,additions and improvements rvhicA ere reasonabty�equ3redto prevent waste,tmpairmem or Qeterioretion �. . �
<br /> �';'`s;;'i's'� o!said property. tVo buittllng ar improvemeni now or he�eafter erected upon tfra Property shail ba attered removed �
<br /> 1�����!�'f'� or demofished without the prior written consent Af Beneficimy. �''
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<br /> i � 4. tnswancs. Trustar.at its expense,wiD maintain with insurers a�proved by 8eneficiary,insurance with resyect .
<br />..;. �•• to the improvements and personai property consti2uting the property againat toss 6y fire,lightning,tomDda and othes
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<br /> �. . � perlfs covared by atandard extended covarage enQorsement in en amount equal to et teast on�hu�t�p�rcent o4 tho �� � �.,� :
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<br />-' .—= -- froif replfe�m�nt v�kse tissreo�.en�tr►scerertte eg�Frest such other hazerds er�iss��aus+t es cs euKam�tP�c�is� .- _-�.--
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<br />.•+ 's � 9�94 40&1 . . .
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