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<br /> °�� � ABBLIt 001-00036529
<br />_�� CCDN 01004587??
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<br />��_'-�'� ��NlE F�EDER�L � GRAND ISLAND
<br />�:�'� 221 South Locu�t St., P.O. 8ox 1009 .�
<br /> Ore�nd Isl�nd, N�braske 8A802-1009 �7 1'����s
<br />"''"- 308-382•4000
<br />±�^��� � .
<br /> �� ACKNOWLEDGMENT TO DEED OF TRllST
<br /> 1��� The un�arelpned"Trustor" �e Ident{fied in ths followinp Qeed of Truct,whether one or mo�e,undentend that the
<br /> documsnt thsy ere ebout to exeout�ts a Deed ot Trust end not e mortpege,and thst the power of�ale providad fo�
<br /> fn the �eed of Truat provide� substantlelly diHerent rights and obllgations to the Borrowen then a mortgepe in the
<br />-��� event of a detauit or broeah of obligetfon under the Deed of Truat,includlnp,but not Ifmited to,the Baneficlery'e ripht
<br /> '"""' to hevs the Prope►ry Identifled In the tollowing Oeed of Tru�t sold by the Truatee without eny judialal proceeding.
<br /> ""_'"".;� T�uttnr reprbasnts and wsrrents tha!this Aaknowledgment wee executed by them betore the execution of tha Desd
<br />-`�''� of Trust hereafter set forth.
<br /> RO ' S PECK
<br />--___— �\ �
<br /> l�HARON A BPBCK
<br />_.;m�a
<br /> HOME EaUITY LINE DEED OF TRUST
<br /> THIS TRUST DEE[3 mede this ZoT� day of A��BT , 1997 between
<br /> ROStAT i &PICK 1►tTD 8H71RON 7� SP=CR, HVSDI�ND 11lJA NI1!
<br /> ��-- hereinafter call 'T�ustor", whose mei8ng eddress Is a120 BTAdECOACH R.D, aRAt�n =st�at�n, rt8 seeoi
<br /> - ;sa'Trustae";end Home Federal Savings end loan Aasooiatlon of Grend lalend,whoae
<br /> �'�`' mailing addresa is 221 South Locuet, P.O. Box 1009,Grand Island, Nebraska �8802, as "Beneficiery".
<br />:,;;;�
<br /> For velueble consideration, Truetor irrevocably grants,tranefers, conveys and aasipns to Trustee, in truat, with
<br /> �ai;rar af sals,fa�ihe �enef�t wnd eeourity of Beneftciary, under�enId�subject to the terms and condltiona of thie Dead
<br /> ot T►ust,the iollowing described property loceted in '
<br /> �;g� Nebraske,to wit:
<br />-= Z,pT R'Wg,N'PY FIVE (25) . RBOSNCY BY THS GRB1�T SQBDNTSION IN THE CIT1i OP'
<br /> f�RAND IBx+AIdD� HALL COUNTY� N1sBRASKA.
<br /> topether wtth all bulidings,fixturea,Improvemente end eppurtenences thereunto belonging,it being agreed that all of
<br /> the torepoing ahall be hersinafter referred to es the "Property".
<br /> — FOR THE PURPO5E OF SECURINO performance of each agreement and covenant of Truator herein contained and
<br /> the peyment of the principel aum of THIRTY'1'HOU8IIND DOLL�IAB i !IQ/CENTS
<br /> Oollera(8 30,000.00 �, ea evidenced by a Home Federal Home Equity Loen Agresment betwan
<br /> Trustor and Beneficiary(the"Loan Agreament'),purauant to whlch BenBfiaiary wfll a�vance iunds to Trustot from time
<br /> to time at the interest retes and upon the terms provided therein, together with any sum or sums oT money with
<br /> interest thereon which mey hereafter be pafd or advanced under the terms of this Deed of Trust,both principai sum
<br /> - and intarost theraon being payeble eccording to the terms set forth in thA Loan Agreement, referonce to which ts
<br /> - - hereby made, at the office of the Beneticiary in(isand Islend, Nebreske, or at such other plece as Benefictery mey
<br /> `� designate in writing.
<br /> ---u'-� TRUSTER ANO BENEFICIARY COVENANT AND A(3REE AS FOLLOWS:
<br />`s L`�� 1. Wiranly of TtN�. T►u8ior ia lawfully seized of the Property;has good right end lawful euthority to aell and
<br />����'r.x�;s:i4�a�
<br /> _.:c���:y.� convey the Propertlr;the PropertY is free and clear of ell Ilens ar�d encumbrances except liens now of reccrd; and
<br />-;,:;d�3�:� Trustor wfil warrent and defend the titla to the Property unto the Yrustee and its successors end assigns forevo�
<br />'�_� agafn�t the claims of ell persons.
<br />�-----� � e....�.....s�...a...��d�ntornt_ Trustor shalt nunctuallY paV the principal of,and interest on,all edvances
<br /> ... .��.......�.. ._.�� ^--
<br /> =::;�� under the Loen Agreement and will punctuetly perform all wgreements,conditiona and provisions of any other secunty
<br /> t=-� instrument given in connection with this trensactlon.
<br />�`+'��� '� 3. Pns�rvation and MotM�mnc�of Propsrty. Trustor will nat commit any waste upon the Propeny et will,at
<br /> '".'�,�..y4n
<br /> -`��'•'_" •: all times, maintain the seme In good arder and condition end will make, from time to time, all repeirs, �enowals,
<br />-=�`�'-�� �`+ replacemente,edditions and improvements which sre reesonabty required to prevent weste,impairment or deterforatinn
<br /> ' of seid property. Nu building or Improvement now or hereafter erected upon the Property shall be a{tered removed _
<br /> � ,"�'' or demollshed without the prior wrttten consent of Bei�eftciery.
<br /> � 4. Insur�nc�. Truator,et lte expense,will meintein wtth insurers approved by Beneficiary,insurence with respect
<br /> " � '' �? to the improvements end personal property constituting the Property ageinst loss by fire,Ilghtning,tornado end other
<br />;,%�;�:�°T':i' perNa covered by standerd extended coverage ondorsement In an amount equel to at least one hundred percent ot the
<br /> Y;�: �!,:�,�� full replecement value thereoi, end insurance egefnst such other hazards and in such amourlt a�ds Cwtomerily carried
<br /> � .�..�.�, .
<br /> aos•t
<br /> 9/94
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