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<br /> ACKI�W4EDC,iEMENT.OF OEED OF.TRUST, ` � • _
<br /> . , _ •
<br /> � � . �t����FO���: � . �p= �3.0�5f i � �
<br /> : . �ru�o►4ndarstands tMtihe document fhat Tru�tor[a ebout co exeicute ie a Ceed of Trust�nd not a mo�e Lrtd�stthe pcw�r : ` .
<br /> � ot�ats�ravtdid tor in fhe D�ot TiuN providN aubsfantlalty ditferent riphts anc�obti¢ationa to Trustor than a maet�a�s In ths sysnt � ' � �
<br /> of a t�auitoTbnach ot oWtyation undK the Oadd otTivaL inctudln�,b n limitedto.Me L�Mdsrs Npht to fuv�eths Propertytoid � � � �
<br /> � � � by q�Trua1M wittrout any judicial proc�sdinQ.Truator represanb a w qt� act�avrlsciQement was sxecumd by ' � ' �
<br /> =_ - - ,. . T�r�'the exaet�tort a�glt�L�asd cE T�st - :Ja I �ur ce ency, inc. . -- - -
<br /> � 8 . . .
<br /> � ` � , ` aa d D. �1aae Tnntor Pres�dent. . . �
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<br /> • Tivator ,
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<br /> �� ` . � � DEED tyF TRUST MiITH FUTEIRE AOYANCES : � �
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<br /> f THlS OEED OF.TRUST,is maae as af the 6� day of Aul�ust � ,t9�0,by and amony ,
<br /> '• Jaates Insuraace Ageacy, Ync. �
<br /> � : 'the 4'rusror. � . . .
<br /> f;'j . . ,
<br /> � �� whoss msi�tng addreas is P.O. Box 1452, Grand Ieland, NE 68802 �herein"Trustor;'whe�er arte or morey,
<br /> � . � �T�� Willia� G. Biackburn, A MemDer of tbe Nebraska State Bar Associattoa � '
<br /> � . .
<br /> � ` vrhase mailing address is g•���Box 2Z80, Grand Island, NE 68802 (herein'"frustee"►,and �
<br /> :
<br /> : ` j the geneticiary. � Five Poi,nts Bank . ° `
<br /> . � whose mailing address�s p•0. Box 1507, Grand Island, I3B 68842 (herefn"lender'?.
<br /> �
<br /> � FOR VALUABLE COIVSfOERAT[ON,inctuding Lender's extension of credit identitied herein to -lames iesr�rance ` �
<br /> t � ,
<br /> � __���y. In� (herein'�Bonower".whether a�te or more)and the trust herein created. ;
<br /> � the receip!of which is hereby acknowtedged,Trustor hereby irrevocabty grants,transfers,conveys ertd assigns to Trustee,IN
<br /> , TRUST,WITH POWER OF SALE.taftr,e benetit and securiry ot L?nder,under end subjeci to tt�e terms and conditior.s Nereinatter set '
<br /> ; � foRh,the;eat pruperty,desc.r.�ed 2s�otiaws: . �
<br /> .�.:
<br /> ! Lat Nine (9), in Block Twenty—eix (26a, Gi���rt's Third Addition ;'R._"
<br /> to the City of Grand Island, Ha21 County, Nebraska . � ;;:.-:
<br /> ToQether wiih elt buitdirtps,improvements,l,xtures,atreeW. alleys,passageways,easamenfa,rights,pnvilsges and appuRe- ' -
<br /> + nances located thereon cor in anywise peRainirtg thereto,and the rents.�ssues and prof�ts,re�ersians and remal�ders thereof,and
<br /> • such personal property that is ettached to the improvements so as to constitute a 6Mture,irtciud�ng,but not limited ta,heating end ,
<br /> • cootinp equfpmenfi and toQether with thQ homestead or marital mterests,if any,wh�ch interests are norehy ret�aaed and waived;all
<br /> � of whlcA,inctudtnp�eplac�menis ar..�add�tions thereto,is hereby Qeciared to be a part ot th�reaf estate secured by the lien o)this
<br /> � { Oeed of Trua!a�nd al(o11he forega�y being referred to here�n as the"Property".
<br /> . , .
<br /> . � This Deed of Trust Shall secure(a)th9 payment oi tha pr,rC�pai sum and interest evidenced by a prom�ssory note or credit
<br /> agreementdated ._.., �.u.F��$�br 19�D�._..____—.nawng.amaiur�rydateot .__ AugustMlS, ZU10 .
<br /> � in the ori�inal principai emount ot S-- 45�000^00��� � ,and any and ai�modd�caUOns,o�tonsions and re�rewais
<br /> � '• thereof or thereto and any and all future advances and readvances to Borrower(or any pf them �t morp than one) hereunder
<br /> ` purauant tv one or mote promissory iotes as cred�t ag�eements(herefn caued"Note"y,(b)tne paymenr r}oiher aums a0vaneed t�� .,�
<br /> + Lender to ptoteCt th9 seCUrity of the f�ofe;{C►the¢EC`ormanco ol el►covpnants an4 agream�nts o�Trus�cr sot torth herein;and(d)a.► .
<br /> � present and fuSure indebt9dnes3 anQ obtipat�ons of Qorrower(or any ot them�I more tt�an ono}to lender wheiher d�rect,�nd�rect, ••�,'
<br /> • absolute o�conti�gent and whether arismg by nofe.�uaranty clordralt ar othvrw�se Th�NOto.lhiS OE!Od�J?�(U3t a^4 any and ali �
<br /> other docuonts that eecure ihe Notecr�therwiso oxecuteo�r.�;,r,ect�on tnQro,v�tn,�nc,uo.r,g wdhout 1im�tat�on guar3r.te�s,cecunry
<br /> • agreement�and as9iynmenU ot teases and rents,snai� bo rr,tcrre�ta horc�r,oy th���t,oan Instruments°. �
<br /> Trustor cov�tnants pncf egrees wdrt Londer as'�:t�ws
<br /> 1. Paym.m a t�d.aae�.sz.AR+nd�btt,�no;s s�:.�re0 her�by shel�be�a�U wher�du0
<br /> .... 2. Tlft�.Trustot is the own+�r ot t*g praperty, hes th,e r.er�t and au�h�r�ty to canvc:y mc:prOpt;rty.�nd.w�rra�ts Enat the.hen� � -
<br /> • c�eated heraby is 0 hist end pr�or I�en n��!he Property,exc,epr tor i�Qns an�eneumbr�nce�Spt tC�rifl by TruStG� �' wnting and
<br /> , detivered to Lender betore executiort of this DaQd ot Trust,nnc i�-e�ixQC ua��r;.md�c�hvory at th�s Qced nt Trust does r�ot v�olato any
<br /> Cantract ar other obligation to which Trustnr�s sub�oct
<br /> 3. T�xN.MsMtfnsnts.To pay ba(oro doGnquency aii taMO&, spac�a�asses9rne��ts������It n!t+er c,-:arges agam�t the PropErty
<br /> now or herbaiter levied. •
<br /> : 4. (MUrane�.To keep thp P►operty msured c►gamst damac�v t�y hre,hazarq�,�nc�ucfuci r+�tri�F�th�tvrrn��xtendc►d coveragc�",anc�
<br /> auch other f►aaaid�n�lender may rctqwro,�n ampunts�nd wi?h com�ran�o;�c.cepi�bfv to LrJnder.na;+��r�y E�r�ciur�s t�rr�ddiliunaF
<br /> named fnsured,with losa paynble to the tender.►n case of lo,s,�ncler s,�ch pot�r:r,s the Lv�•E��;:+:autf�ont�d EO&d�ust.Coltect end
<br /> compiomis9.811 Claim9lhereunder and shall hav�tht�apt�on of appiymg��it or�a�t of tno,ns�r�nca praceeds(�i tn any�nti�bteclness
<br /> seCUred herpbyontl m Such prdqr a9lon�ar m�y dotormine.(E�)ta tne Trustor t0 be u5crd tor thE,r6pa�r flr reSi0ra6on of th�i PrppErty - - -- -
<br /> or pii)for Any ofhor purposs or ob{act sat�slactory to Len�e►w�thout affcchn�tYrc�besr of th�s Deutl ut Trust t�r irc futr amo�nt sc�cured ,
<br /> h�reby betOre 9uch payment ever taok plac� Any�ppt�cab�n�1 pruceeds tc�rnUc:t�totl^ey�shnit nat e�,�,ond o��ostpona the due
<br /> dete di any peyment9 un�er th�.NOtO,o�curp r�ny df�f��lt thvrnunder or hereundec ' •
<br /> 5. Eurow.Upon wr�ften demand by Lvndar.Trust7r sh�l!pay to lQnder.�n s;�ch rnanr�er as Le:�OElr may d�Yir�ri�tU,sutt�c�ont
<br /> _.....-_._ . °..:sRlBS��!!.°.SI��£tSEi$��v�lEtaT�,as�t^vdFi&t}{i6t3ti1',e�co8�i+i3i�;i8firr��.jo:#23MC�.n$3i'SSiir�trr{�iftrvv4itC*eir;.itg�s�tyain5i .
<br /> . the F'►dperty,(��)th�prOmium9 on tho proporry insurance requued hereuncter,,hr.tl(n:J tne prem�ums on r,ny mtyttgayB�nSUrante "
<br /> requtrgd by Lenapr, �'�
<br /> - � � 6. Ma(n(�fahe�,R�psin�nd COmplt�ne�wtlh�aw�. t►usior sh��ll k�ep th� P►operty �ri�OOt� CUntld�On £ind r�pair, sh�ls
<br /> promptty topaiY,pr ropl�ce ttny improvamQrit tinrhicb m�y'b�A�m��ec1 or destr��eJ, ShA3F r01 Ctinrm�� �7r p�,�rm�t �r�y wastd crr
<br /> deteNO/BUon oT tht�Prap�rrty.sha!!�nt remova.demnhsh or sabst�nt�pliy,�I+.pr�tn��t tt:h,m��rU��met�ls u»t1t�ptup£��ty.S!��H not
<br />, eommil,suffe�ur porm�t any pct to Do�i�na m or upun the Nr�pert�m woianon ot an,�la�v,ord�nance.or�E�u�at»n,�nd snt�li p�y aact !•
<br /> prornptiy Qiseharge at Tiustor's cost And Uxnvnsc�alf 1«ns,e�cumbrar,ces and ct,ar�os�e✓�ed.�mpasod ur a�scrssed ayair,sE the ��
<br /> Property�t t�ny p3r!�herEOl. - �
<br /> , T Emtnsnl0arrutn.tc+rd6r��horeby os��c�r8tf eii cbrnp�nsatwn.a�rards.damag�s and other p�yrrtC,RtS�r rpr�6f(rsE,t�»�;�#(�� � '"r'
<br /> "Procecd9 j in eo^nCCfip.•�w�1h CbndOmnryl�on o+r,ihpr taF�ng 711t��V�opc�r*y�r par�thereot or tor con�Qytu�c�s i�+i�eu bt e�:,�E�+nr,��- �
<br /> ti�n Lender ghi�ll Cy0 011�►1IL':1 tlt�15 G�f�Uh fC�CUlntnF]l1Ci�. �paC+�t�Fi�[7�.(7tp,c,Q�;U1£!tft IIS biMh ft�tnE�h�/iiG►�Uf�iJ+��fULCFldtf'f�5,tlft��
<br /> 6hHi1 nl,O ErA�M�tl�id(a mak�uny t;omprvrn�5�t�+s�lll�rrtignt�rr c;trfu�E•C1�C�h Yi�fh SUCt*tclkin�pf Gf���:lgP I��tt•�3(�vE�:�t�i��y yofir;�n pf
<br /> ` NBt'3l574er,;ndy,c�:rJ�e!UerLrte�,tU 88
<br />� : �f0.":OH�t,u�alQdNCtC;rnn.�i,etr_�lurdSa,n��AS4_t��tcr*l:�tior..�tc,bseva � .
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