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<br /> � - � 90�.a2i2�
<br /> I ACKN�WLEDQEMENT OF DE�D OF TRUST
<br /> YRE�STOR l�EAQ TFi1S BEFORE SIGNINQ:
<br /> Trusf�undKSand�that th�docurn�nl th�t Tru�br I�RDaul to sxecute is e Oeed a�Tru�t�nd na1 a manpa9e artd thtl th�pow�r
<br /> � �f a�l�prpvid�d fo►In t!u p�at Tru�t prpvldes tub�tantielty dlMar�nt rlpht��nd obli�tione ta Yru�ior than a mortgs�Ir�th�evenl
<br /> ot a dMauM or brMCh pt oblipation und�r th�p�d ot Truif,includtnp,but no111mite0 to,th�Under'��iyhl to n�v�Me Prop�rry w1d
<br /> by ihs T�nstN w�thau!�ny�u�!lclal proc�scltnp.Tru�tar r+�preuant3 and warrants that thl�aik,ncwlaciqemant v�as�xscutad by
<br /> � Truabr bNor�th��x�cutlon of ths DMd ot Trwt,
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<br /> � (Dorothy ie �Trustor A Single Per�on
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<br /> Trustor
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<br /> � DEED OF TRUST WITM FUTUpt Auvpi�lCES
<br /> i THIS QEEO OF TRUST,is made a�of the �6 da ot- April 90
<br /> y ,19 by and ampn9
<br /> � the Ttustor, OCUCV�hy T. .�]l�r� � 91nQ�e Person �
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<br /> � whos0 mallin�eddress 1� 6�4 I+1 J��=a=�an�_.Crend Island. NF'- (herein'•Trustor," whether ane or more), .
<br /> � tha Truatee, w�,a.iiam Q. Hiaokburn, a membar of the NE State Har Assn. ,
<br /> ' whoae n�ailing address ia p.�. �Y 2280� .r� � rgi �d,, NE 6�Q�.? -2280 (herein"T�uatee"1,and
<br /> � the BeneNciary,.. FI1IE POItSTS HANK _,
<br /> ' whose mailfn�address is_E._Q- �Y 150�� Grand isi�nd. NE 68802-1507 _ (herein"Lender").
<br /> � s FtyR VALUABL�CONSIDERATION,including Lender's extensfon ot credit ;dentiNed �erein to _DD7'sl�hy J 2elier.
<br /> � �► cipqi� Ps�,�on (herein "Borrower",whe3tsar one or more)and the tru9t herein created. ' '
<br /> ;,'j: t�g receipt of which i� hereby aCknowledged,Trustor hereby I►�evocebly grants,transfdrs.,conveys and assigns to Trustee, IN ��
<br /> � TRUST,WITH POWER OF SAtE.tor thq benefit and secunty o1 lender,under end�ub�eCt to the terms&nd conditions hereinafter set �
<br /> � torth,the real propeny,de�cribed as tart�w�� � _
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<br /> � j auu 5ouzn &dls l�f va' a'.u"t �iaad (i f. Bivck ihiii,esvu �i;a�� ia• RolliG:�'� �—
<br /> �►ddltion to ths CiLy ot Gsaad Ielaad� Haii County� Nebraeka `
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<br /> . ... :. . . . _ .. . . ._—
<br /> �` Ta�ether wiM 21t bui�ttc�s,im�r��:�ants,t�xtures,streets,ait�ys,passageways,easements, rights,privNeges and appurte-
<br /> �ac��es IocatecJ thereon or.M�ac�yw�se�ertaining ihereto,and the rents.�ssues and prof�ts, revers�ans and r�-s:ainders thereof,and
<br /> + �uch peraonai ptoperry thet ia attaChet!to Hte impr�vements so as to const�tut�a fixture,inCluding,but not'=��ted ta,heatinp and
<br /> � coollny er�uipment;and topether with t�s�a lfiamestead or marital�nteres�s.�}�ny,which interests are horehy re;eased and waived;all
<br /> . i ct whiCh,includ��;��eplacements and ad�:��,ons thereto,is hereby dec4ared to be a pa�t of the real ssfate�ecured ty the lien of thia
<br /> Deed 01 T�ust 8:'�!I�II oi the totegoing bemg reterred to herem as tl'e 'Property". �
<br /> i Thi� Deed oi'�.�us3:�kr�c'.sacure(a)ths payment uf the pnnc�pai sum and mterest ev�denced by a p'�m;ssory �C:e or credit
<br /> . : apreementQ�� .___��_.�p _, hav,n�a matur�ry date ot Anrii 16� t995 ,
<br /> �•��� in the original pnnCipei arr.QUnt ot�-S,300.QO ,and any and a�' mod�f�cat�ons, extensions and renswal5
<br /> , � thereot or thereto and any �ta�all future advances and readvances to Barrowe►(or any ot them �f ine�e than one)hereunder :�.'-
<br /> , ;: ,� Durauant to one or more pa�mi�sory iotes or cred�t agreements(here�n ca�ied"rdvte"};(b?the payment of other sums advanced by _.r;_.__,
<br /> ' � Lender to protect the securi7�:�c1 the Note:(c)the per(ormance of a!!covenants a^��agreements of Trustor set tor,h herem;and(d)aN , - _
<br /> ��,",} present and futt;rg indebtedness and obi�gat�ons of Borrower(or any of them d more than on��t�Lender whether d�reCt, fndireci. '
<br /> � absolute or ca.r�t�►?gent and whether ans�ng by note,guarantyr,cverdr:3fl or otnerw�se The h���>.th�s DPed ot Trust and any and ai!
<br /> other docuert�iflet secu:etRe Note or othenwse execu�ed in conn�et�on therew�th,inc,ud�r.y•��;^.out I�m�tati0n guardnteas,secunty
<br /> ayreementsand assipnments ot leases and rents.shall be rzterretl to here�n as the "t oan instruments�'. �
<br /> Trustor covenanta and agrees w�th Lender as toltows:
<br /> ! 1. PaynNnt 01 indlbtldMS�.All indebtedness sacured hereby snaU be pa�d when�ue.
<br /> 2. Ti1N.Truetor is the owner of the Property, has the nght and author�ty to convey t!+e P.-operty, and warrants that the I�en
<br /> • Created hereby is e first and pnor I�en o�i the Property,except tor +�ens and encumtr►ances set forth by T�ustor �n writing and
<br /> delivered to Lender betore execut�on ot th�s�eed of Trust.and tne execut�on and det�very of th�s Qeed of Trust does not v�olate any
<br /> contract or other obliflat�on to wh�ch Trustor�s sub�ect
<br /> 3. TaxK. A�Nea�ReNth. To pay before de!+r.quenc}al!�xes.spQC�al as�essmenis and a!I other cha:ge�aga�n�t!he Qropsrt+f
<br /> - . now Or i-,bteyf{6r lyvint3
<br /> 4. II�Wt�nCl.Yo k@epthe P�operty m5ured agamst damage by f�re.hazartls�nciuded��thm 2he terrn°e�tende�cove�age",an�
<br /> . SuCA otn8r hRZard�as L�ndsr m�y requ�so,�n amounts antl w�th compan�es acc�ptab:e to Lenae:r,rami�g Lender as anddd�tionaE
<br /> ngmsd insurgci,with loss payab►e to the Lende►.In case of loss under SuCh �OIiC iBS.tt�e L6nde� �s avtho+�zed to ad�ust,col lec>.and
<br /> � compromi59,�i[�la�ms thpreunder and sha�1 have the opt�on ot epply�ng au or part oi the insurance pruceeds(�j t�any sndebtedness
<br /> secure0 heroby and in such order ps Lender may daterm�ne.{n?to tne Trustor to�e used tnr the repa�r or restorat�an of tha Propertyr "
<br /> or ji�i}fvr any oiher purpose or ob�ect satistaGtory to Lender w�tROUt�trect�nQ tno�.e�ot;n�s C7eed ot Trust iprthe fu��a�r.ount secu�ed �
<br /> �eredy beforg SuCh pdyment ever took place Any appiicat�on o1 pro�cseds to�ndebte�ness sha�t not ex:end or postpane the due
<br /> date o1 any payment9 under the N�te.or curb any default thereunder or hereunder
<br /> 5. EsetoMr.Upon writter�demand by Lender.TruSSOr Sh311 pay to lender.in such manrser as Lende�may des�gnate,suft�c�ent ,
<br /> sums to enabte Lender to pay as they become due one or mure ot trte louow�ng��)ali ta�es.assessments and other charg9s aga�nst
<br /> the Property,(ii)th8 p�emiums on the prpp�erty m�urance re�u�rea hereunmer,ana;����the prem�ums on any mortgage�nsurance
<br /> required by lender. i
<br /> L 6. MaMl�nanc��R�p�trt and Compllane+�with Lsw�. Trustor snall keep tng ProRer���n good condilion and repa�r, shalt
<br /> promptly �epa�r, or replace any �mprovement wh;Ch m�y Ce damaged Or dOSiroyQ�. Sh�ll not COmr,s�t Or perm�t 3ny v►•2Ste O►
<br /> detenora.tron e�f the Property: shait not remove. demot�sn or substant�auy a�ter aryy ot tn� �r.iprovement5 on thE P�pp�rty.Shall n�t �.
<br /> comm��sutter ar perm�t any act to De done�n or upon the Rroaesty�n v�olat��n of a�y�aw,o�d�nan�fl.or re���at�vn.and shaii pay and
<br /> prOmptly dischs�rge �t Trustor's cost arsd expense a��I:ens.encumbrances an0 �nary�s �ewed �mpu�e� or assesse� agamst tne
<br /> Properry ur nny part t�ereot. ,'
<br /> 7 Em�n�M 6�ct�a{n. Lendor�s hereDy ass�g�ed all comuensaY�on.���va�dS.d3m8gas a�d oi^e�payrTtBntS �r r eliE'f�he�e�fl8fter `� "
<br /> 'ProceE.�tfs"I�n conneGt�on with Condomnation or olt�er takm{�ot tn8 Prppetty Or p�ri IhE�@O�.a��0•co�ve�a��ce����eu u��O�d@mna
<br /> 1SUf1 Londa+s�at!be enbtted at�is Opl�O�t0 Cv'»mb�Ge. ap�ear �n e1�0 U�OSE`C�4F? �n';�Ot�f' ^il^'�d'�� ��ton u�G•oceed���S d^�
<br /> $h811 c11Sn bf!G�t11dIB�f0 m8k@ 0ny COR1ptOm,SC O�SCttl@n�er�; ,•�COn�E��t�pn ,,•,�!h y .Ch td��^,.� ut CS-lfrg�f• r �hB E+P��c?'��t'••rLrn pf
<br /> kt�3�57�4:,�v�,�..'f����Gae3�r.�f+ 89 1
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