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<br /> �� � ' _ ACKNOWLEDGEMENT QF DEED OF TRUST � ,
<br /> � TftUSTOR REAA THfS BEFOAE SttiNING: �7V`�����3 , .
<br /> Tiustor underslanda�that the documen!that Trustor is about to execute is e Deed of Tnrst and eota martgageand thet the power
<br /> � of sale provlded ior in the Reed of Trustprovides substanUaily diife�ent rights and obtigations to Trustor than a moRgage tn the event
<br /> ot a detautt or breach of obifgetion under the Deed ot Trust including,but not limited to.the Lender's aghtto havethe Property sofd
<br /> by the Truatee without arry judicial proceedIng.Trustnr represents and wanants that this acknowtedgement was euecuted by � �-
<br /> tniatar before the execu�on of the Deed ot 7►ust , Igy� . �
<br /> � . ,
<br /> , .. .. � y+t�,."�;•;i:,r,
<br /> (Brn �: Thayar, T r President�
<br /> tt CpR��'C£ ' . , .
<br /> ,�� � Sr.i►L . . •
<br /> � i�lEBRASKA rrusta .
<br /> � :;=,:.
<br /> ' OEED OF TflUST WITH FUTURE,ADVANCES ,� � , . � � ,
<br /> ' tFtl�s Q�0 OF TFiUST,is made as of the._._2ad._day-ai`�n�i] ,19�,I�y and amortg
<br /> .:.�
<br /> . ����*„�, tslane7 Investe�ents. Inc. �
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<br /> - _- ---- - - .___- - , .. ... -_-__ - --
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<br /> ; . -- . .. . �1405 , . -
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<br /> wtr¢�rr.�-'?iri�address.�s � e_ �x �d��, Gr_and�islari��,j/$_§8802-(hete't�"Trostor;'whettter ar*�a�rrar�;,. ° , •
<br /> the Trus:�;' ' Wiiliam G. Blackburn. a member. of the Ne State Bar Aesociatf.on � �
<br /> .
<br /> whose maifir�g address��s—1'-- o_ Hox 2280, t3ra�rIslan�, NE 68802•��i80 (herein"Trustee'�,and� � � �
<br /> �19 e8118}jC�A�I. - Fii r3 Dniiftn Annk ; . :i. � , , . ' • • � . , -
<br /> • whose maiting address 1s—g�A. 8oac 150�7 .,Crar�d��lapd;--�--68Rn� ���� (herein`�Lertder'q,. . �
<br /> FOA VALUABLE CONSIDERATION,irtctuding Le�der's extension..ot cred:t identified herein to Isiand �
<br /> � . , . , •
<br /> � ' Investmenta, Ina. (herein"Bprrow�r';�s�hether one or more�2r,�the trust herein creat�d;�'� � ' .
<br /> tire racel�i.ot whi�h is riareby aCk�owledged, T�ustor hereby irrevocab:y y°a�ts, bans'e�s. cenveys artd assigns to Trustee, IN . - .
<br /> j • �R;3S�,p?IlifiHt�pW�R OF SALE,for thebeneift and Securfty ot Lg�tder,under and subjeci�,_�ry tsrms and conditions hereinaKer set � ,
<br /> :..1 d�rYro,���reat�ruPeny.described as follows: . . , ' . _. ..
<br /> ( -: �.,�,_. .� i
<br /> ! See Exhibit '�A" ACtiached: �aseto
<br /> , . . =
<br /> 7oge1�?er.�rlth all buildlags,improvements,fixtures,streets,alteys, passageways,easements,rights,priviteg�s E-d appurte- �
<br /> nencee IqCeEed thereon or in an�w{se pe�tai�tng ihereta.a�d tha resats,isaues aad p:ohts,rovovsians arsd remainders thsreci;�nd =
<br /> ' sucb personal propedyr that is attached to the impravements so as to constitute a tixture,including,but not limited to,heating anri -
<br /> �� cooling equiRmen�and together wtth the homestead or marltal interests.I!any,whi:;ii interes(s are hcsrei�y releasecl and waive�:�fl '�
<br /> ' of which,lncluding reptacements and additions there:o,is her�.:y declar�d to be a part of the real estate secured @y the tien o!this ?�
<br /> � Deed ot Trust And ail of the foregoirtg�i�ing referred to herein:�the"Properry".
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<br /> ! This 088d o1 Truet 4H�11 secure(a)thc�payrr��* :f the p��r^.'�pal sum 2�d interest evidenced by a promissory note or credit
<br /> �
<br /> agreemen�,dated r , -� 7990 �.r,�,�Ag a�.,�r-;y date of Seotember 29. 1990 � ,.
<br /> , , � � �.
<br /> in the ortglital principal amount of$90,000.00 ,y.;�any and ai!modifications.extensions znd renewats
<br /> : thereof or thereto and any and all future advances and readvances ta flc:•_ower (or any of them if mare than one)hereurtd� �
<br /> , pursuent to one or more promissory notes or credit agreements(herein'cafl��:°Note");(b)the payment a9 other sums advanced t�y �`�;
<br /> Lender to protect it►e seeurity ot the Note;(c)the pertormance ot al1 cover2+;,:�and agreements o!Trustor set torth herein;and(d)e!S
<br /> present artd!uture indebtedne9s and obpgations of 8orrower(o�ar,�oi it;em it more than one)to Lender whether C;rect.indirect, ,
<br /> , dbsolutQ cr contingent and wfiether arising by hote,guaranty,averurafi or otherwise.The Note,this Oeed ot Trust and any and all �
<br /> C:t►e�docuentathat securethe Note or otherwise executed ln cor,nection therewith,including without limitation guarantees.secur'c%�/
<br /> 3,�reements and assignments of leases and rents.shatl be reterred to here.�as the"Loan Instrumen:�". .
<br /> Trustor cavanants and agcees with Lender as tollows:
<br /> . 1. P�ym�nt af tnd�bfMntsa.Ail indebtedness secured hereby shalt bp�aid when due.
<br /> . ._..--- . . .
<br /> '�-�-���--��--�--� 2. ttls� �:rustor is tfie owner�f the Property;h�s�ths i�ght�nd auth"o��ty to convey itie�P�apeity;and warrar�ts that the lien �
<br /> Created hErC-�j is a /irst and prior Iien on the Property, except for uens and enCUmbrances set/orth by Trustor in writing 2�d ��
<br /> delivered c�1.�ender before execution ot this Deed o}Trust,and the execution and detivery ot this Deed of Trust does rtot viotate ar:y
<br /> Cuntract ar�1her obligeti�a to which Trustvr is subject
<br /> 3. Ta.xp,Mt�ssm�nb.To pay betore delinquency al!taxes,sAecial assessments and all other chargos against the Property
<br /> naw er h��2��er fevied.
<br /> 4. ir[i+y�ttct.To keep the Praperty insur@d 8gainst damage by f ire,hazards included within the term"extended coverage",and
<br /> sush other Aszards�s Lender may require,in amounts and with companies acCeptabte to Lender,naming Lender as an additional
<br /> named insur�d,with toss payable to the Lender.tn case ot loss under such policies,the Lender is autho�ized to adjust,cotlect and
<br /> Compramise,all ctaims thereunder and shall have the option ot applying all ar part ot tha insurance proceeds(�)to 8ny indebtedness
<br /> secured hereby and in such order as Lertder may determine,(ii)to the Trustor to be used for tne repair or restoration ot the Rroperty � ' ------
<br /> or pi�)tor any other purpose or object satislactory to Lender witfiout aftecting the lien o1 this Deed of Trust tor the tuu amount seeured
<br /> heteby before sucfr payrmene ever took place.Any application ot prbceeds tv inciebtedness shal►rtot extend or postpone the due �
<br /> date of any payinents under the Note,or cur�any detault thereunder or hereunder.
<br /> �
<br /> 5, Estrorr.Upon written dsm8qd by lender,Trustoe shau p�y ta Lender.in such manner as lander may destgn�te,suHicient . � . ,j
<br /> . sums to e�ia6Te Lender fo pay as fhey become due one or more o1 the tollowing:(i)al t taxes,assessments and other charges against
<br /> the Properry.(ii)fhe prgmiums on the.praGerty insurance required herounder,and Eiii►the premiums on any mortgage insurance ` �
<br /> ►equired by Lender. . . �
<br /> L 6. M�lnt�nanc�,R�ptirs and CompNanc�wttb�awi.Trustor shalt k�sep the Ptoperty in gaod conddios+end repair,shal! �
<br /> promptfy repai►,or r6place any fmprovement which may be damaged or destroyed. stiall not comm�t or perm�t any�waste or
<br /> Oeterioralion ot the Property,shali nat remave,demofish or substant�al�y��ter ar,y ei th��mp:ovements on the Vroperty: shall not �
<br /> commit,sufter or permit any sct to be dune in or u�on tha Property 1n v�bt�t�bn 6t any taw,o�d�nancc.or reguiat�an.and sha1l pay and r �tp�
<br /> prortiptly diseharge at Yrustor'6 COSt 8hd 9%p8n5e 8tl I�eng,encumbrances en@ charyes tev�ed, �mpoSed ar assessed against fhe .�
<br /> P►ppgKy 6t e�sy p�rt thete4f i �
<br /> - � Eantn�e�ldamatn.Lentler is h���by•�sgiyrtec}c�iE compensat+on,awards,�as*:ages antf oihe►payrhents or io:�et(nero�natrer r� -
<br /> '"Prbt�ftfJs")��►cannaCt�an vv�th cdndemnbt�on or othur t�k�ng�f ihe Proparty Cr p�rt tnere�l,or far c onvt yan�e rn I,uct otcundemna- ''
<br /> tion.tnndot snaft��i Qnt�tte�f at�ts optron tr,curr,�n�neo apye�r�rf�nd presecutu�r+ ns ar,����,-uf,r a�,y F1C tiG��br pfUC@9t�tRg9,a1Pi�y
<br /> . . . St1a3�i at�6 bEi anl�ttetl to m�kE�i�ny ctiK�Grdrnist!E7t S01IIf;mpttf in COry��C�tiUfi Y.i!Ii Stt�=l�titk��q f�r (�cl��il�Q In 2h0'QVat11II�1V RdItlUft Ot
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