|
ACKNOWLEDGEMENT OF DEED OF TRUST $gam 10��62
<br />TRUSTOR READ THIS BEFORE StGNING:
<br />Trustor undentands that thedocument that Trustor is about to execute is a Deed of Trustand not a mortgage and that the power
<br />of sate provided for in the Deed ct Trust provides substantially different rights and obligationsto Trustor than a mortgage in the event
<br />of a default or breach of obligation under the Deed of Trust, including, but not limited to, the Lender's right to have the Property sold
<br />by the Trustee without any judicial proceeding. Trustor repress warrants that this acknowledgement was executed by
<br />Trustor before the execution of the Deed of Trust cam. :��
<br />(John Matthew Trustor Husband)
<br />A s .,,b ,. C 4) hh��
<br />t Y% r, it
<br />(Linda K. Hooye,r Trustor Matthes, Wife)
<br />PREFACE TO AGRICULTURAL DEED OF TRUST
<br />COMPLETE this portion ONLY if the real property described
<br />consists of INDIVIDUALLY OWNED AGRICULTURAL LAND.
<br />If applicable, complete ONLY ONE either A. B. or C:
<br />0 A. OISO AWB3 OF RIGHT TO DESIGNATE HOMESTEAD:
<br />Trus':cr —A tcrwledM drat Trustor is about to execute the following Deed of Trust upo» teProperty. Trustor, and each of them
<br />if mcm than ore, hereby d Maims Trustor's right to designate a homestead an said real, estate. No part of Trustor's homestead is
<br />presently or whf.in the futra be situated upon said reaiestate. Trustor underw;and -s that V % %tor establishes a homestead on any
<br />part of saidrealic -state during thetrme the Deed of Trust l7emains unsatisfied anaay;en upon said real estate, there shall be no right to
<br />make a des`9m- l^on of homestead in the event of a foreclosure or trustee's sale with respect to said Deed of Tn.st.
<br />12 9. WAIVER OF RIGHT 7-0 DESIGNATE HOMESTEAD:
<br />Trustor acknowledgesnat Trustor is about to execute the following Deed of Trust upon the Property. Trustor, and each of them 1,
<br />Mmore than one. hereby•w ames Trustor's right to designate a homestead on said real estate. Trustor understands that Trustor hasp.! .
<br />right to make a'designat',D. i of homestead and that by execut -n4 th`.s waiver, Trustor is w24vv -g rights otherwise a%W4 -ble for the
<br />purpose of affording there' the opportunity to retain Trustor's homestead in the event of a detauit upon the Deed of Truwr:
<br />0 C. DESIGNATION OF HOMESTEAD:
<br />Pursuant to. tha Farm Homestead Protection Act (Section 76 -1901 et sera, Ravised Statutes of the Stala of Nebraska), Trustor .
<br />hereby desigra!es the real estate described in the "Designation ol riorrivizMa,d" attached hereto and incorporated herein by this
<br />reference.
<br />Trustor
<br />Trustor
<br />AGRICULTURAL DEED OF TRUST WITH, FUTURE ADVANCES
<br />THIS DEED.OF TRUST, is made as of the . 29 _ day of ___ IMerCh 19 9_, by and among
<br />the Truster. John Matthew and Linda K Hoover Matthes Husband and Wife
<br />w i;n a maiairg address is -22A N- ,Garet Aver, ,tar CranA TglanA. NA (herein "Trusto. ", whether one or more),
<br />the Trustee, _ Wilifam G. Blackburn, a member of the NE State Bar Assn.
<br />whose mailir:;, address is P-0- sox 2280, Grand Tsl and N . 68802._- - - - (herein "Trustee"), and .
<br />U'rj� 3er_�c4_-y, Five Points Bank
<br />whose.,a.ie,- 7 :address is P.O. Box 1507, Gran Teya „_ HE 61 802 (herein "Lender'),
<br />FOR VALUABLE CONSIDERATION. including Lerd&- s herein to Igh—± Mattban and Linda K.
<br />_V,aove>j �tthes (herein.'•&e.-Ower. �V ether one or more) and the trust herein crea!edi
<br />the receipt 0 which is hereby acknowledged. Trustor hereby s•r, 4(zably grants, transfers, conveys and assigns to Trustee, IN
<br />TRUST, WITI'-V POWER OF SALE, for the benefit and security of Leiw:er!, ,;nder and subject to the terms and conditions hereinafter set
<br />forth, the rerrti, p operty, described as fo;GOws:
<br />Lots two (2) and Faur (4), in Block Fourteen (14),.ia College Addition to West Lawn,
<br />:"'in the City of Grand island, Hall County, Nebraska
<br />r. r;g$1i1*Y',with all buildings. improvements, fixtures, streets, alleys, passsv ,eways. easements, rights, privileges and appurte-
<br />nances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, and
<br />such personal property that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating and
<br />cooling equipment and together with the homestead or marital interests, it any, which interestsare hereby released and waived ,,all
<br />of which, including replacements and additions thereto. is hereby declared to be a part of the reai estate secured by the lien of this
<br />Deed of Trust and all of the foregoing being referred to herein as the "Property ".
<br />This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by a promissory note or credit
<br />agreement dated March 28, 1989 having a maturity date of
<br />In the original principal amount of S70,ne^_OC� , and any and oil modifications, extensions and renewals
<br />thereof or thereto and any and all future advance3 and readvances to Borrower (or any of them if more than one) hereunder
<br />Dvr3u3111 to Orte or more promissory notes orcredct agreements therein tailed °Note'I. (br tnepaymont of other sums advancedby
<br />N1. I{5tu!�!ru•'nrr,ip�Rti tp•�
<br />-- fi► �liR Rhl,c:nL etrJCt Ctdrrr�rt�te ut!445�v,rQ, A„�•uNn .•�cotn t��y�ue
<br />' i!
<br />
|