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<br /> - APPLIi 001-00037030
<br /> CfiD11 OOOOOQ0000
<br /> � HQME FEDE�iAL - GRAND ISLANd
<br /> 221 South Locu�t $t„ P.O. Box 7 009
<br /> Orand idand, N�br�sks 88802-1009
<br /> soe-3e2-a000 ;�. 8�"' 1t��l1
<br /> ACKNOWLEDGMENT TO DEED t'�� �'Rl1S�f� `
<br /> The undersignsd"T�u�tor"ss identiflsd In ths followinp Desd of Tru�t,whether one or more.underetand thnt the
<br /> dacument they ere about to execute (a a Osed of Trust and not a mortqape,end that the power of ests provided for
<br /> in the Oeed of Trust providss�ubatantially differe�t rights end oblipations to the Bor�owen then e mortgape fn the
<br /> event af s default or brtach of obligetlon under the Desd of Trust,Including, but not limlted to,the Beneficlery's right
<br /> t4 have the Prcperty idantifled in tho followin� Dee� of Truat sold by the Truatee without any Judiciat proceeding.
<br /> Tru�tor rsprassnts and warrsnta that thi�Acknowledgmant was executed by them before the exscution of the Deed
<br /> of Truat hereefter set forth. , ._
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<br /> Ja�rss n sw viaic
<br /> � Gi�+�v�- � � -
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<br /> � F sw=ATOViaic
<br /> HOME EQUITY I.INE �EED OF TRUST
<br /> THIS TRUST DEED rnede thia 3� day of s$pT�fiR , 199� �twsen
<br /> JDWZS A Siitl►TOVIIIK 71ti0 LAORBN F 8W211TOVIRK. M18B)1t7D ]1t7D 1IIYB
<br /> hereinafter esll "7rustor°,whose malling eddress is 48 �gTBR �� a� IB�n� � 688oi
<br /> ; aa"Trustee";and Home Fede�al Ssvinga n�d loan Aasocietio�of Grend laland.whose
<br /> melling nddress ia 221 South Locust, P.O.Box 1009, GrAnd leland,Nebreska 68802,as "Beneficiery".
<br /> For valuable conaidantion, Truator ir�evocabty grants,t�ensfers, conveys and assigns ta Truates, in trust,with
<br /> pawer of aa1e,for the benefit end sacurtty of Benefictery,�nder and subject to the te►ms end condido�s of this Deed
<br /> ot Trust, ti�s fioiiowinp oe:criunu{n�peii�i i��ats�Isi nRAZm ISLAND. HAII+I+ � ,
<br /> Nebraska,to wit:
<br /> IrQT TWPtNTY-gI(iHT (Z8) , SZTITATBA ON �fiE WSST SIDg OF TH$ fiAST POkTION
<br /> Op ICC�9TgR'S IJ\X8, AND HSINCi ON A PART OF TfiB SAST H,ALF OF THE SOUTFI-
<br /> W86T (�UARTBR l$1/2 8W1/4) OF BSCTION THIRTIiBN (13) , TOiiNSHIP fiLTVgN
<br /> (11) 27SIRTH, R7LtZ(36 NINE (9), WSBT OF THS 6TIi B.M., HAI+L COLJNTY,
<br /> IiBBR316KA� .
<br /> togsthN with all bufldin��,fixtures,impravamente end eppurienances theraunto belonging,[t being agreed that all of
<br /> the forepotng shall be t�ereinafter�eferred to aa the "Fropetty".
<br /> FOR THE PURPOSE OF BECURING pertormence of eech�resmenS and covenant of Trustor herein contained snd
<br /> 7�p�yrmsnt of th�princlpal sum of '�'M� TK��� �L� �xo/cftrra
<br /> �o8srr(a �o,000.00 �, es evidenced by e Home Federal Home Equity Loan Agreement between
<br /> Trustor and Beneflciery (the "Loan AgreemenYl,purauent to whfch Beneficiary will advence funds to T�ustor from time
<br /> to tim� at the interest retes end upon the terms pruvided theretn, together with eny sum or sums of money with
<br /> interest thereun which mey h�areafter be paid or edvenced under the terms of this Daed of 7�uat,both principal sum
<br /> end interest thereon beinp peyeble eccordinp ta the terms set forth in tl�e Loan Agreement, reterenco to whlch la
<br /> hersby made, at the office of the Beneficfery tn Grend Isle�d, Nebreska, or et such other plece es Bene4iciery may
<br /> desienete in writing.
<br /> TRUSTER AND BENEFICIARY COVENANT AND AGREE AS FOLLOWS:
<br /> — �, Warranty oi TitH. Trustor ia lewfully selzed of the Property; has �ood rlght and lawtul authority to sell and
<br /> convey ths Prope►ty; the Propsrty is free end clear of elt liens end encumbrancee except liens now of record; end
<br /> Trusta wlll werrent end defend the title to tha Proparty unto the Trustee and its auccessora and essipna forever
<br /> epainat tha clelms of ell persona.
<br /> 2. Paym�nt of Prindpal�nd IntK�st. Truator ahall punctuatly pay the princlpel of, end intere:t on, all advances
<br /> �...�u_.._r.._u..__yw�u�...Y...�..�� nwruitflnn�nnd n.nvtcinn:c►f sny other aecuritv
<br /> undarine i.obn i+�ieenioni oi�v ma punvaum��pm�v�r��a�.oy.00........�.--.._.»_..--•-
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<br /> inatrument eiven in co�noctlon with this tranaection.
<br /> 3. Pns�rvation snd M�nt�nanc�ot Prop�►ty. Truetor wfll not cnmmlt eny waste upon the Property et will,et
<br /> ell timea, maintein tha seme in good ordar and condition and wlll meke,from ttme to time, ell r�peirs, renewals,
<br /> -- replacernents,edditfons end Improvemente which ere reasonably requlred to prevent weste,impeirmen4 or deterlo�etion
<br /> � of said proparty. No lwlld{np or improvement now or hereafter ereated upon the Property ehell be altered removed
<br /> _,� or demoilehed without the prior written consent of Beneficiery.
<br />= - 4. Im�rana�. Truator,at its expense,wlll maintaln with In�urero approved by Beneticiary,insurance with respect
<br /> �*� to the improvementa and personal properry conetituting the Proporty ageinat loaa by ftre,Iightning,tomedo and other
<br /> perils covered by atenderd extendod coverege endorsement in an emount equel to et laest one hundred percent of the
<br />°�, full replecement value thereof, end insurence egeinst such other hezards and in such amount es is cu�tot�t�tiY��ql�led
<br />=H
<br /> 9194 408-1
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