|
102398
<br />ACKMM90.0EMENT OF (DEED OF TRUST
<br />SOIMOMl1q EfAO T1tIN KFAl1E �f011fNO: .
<br />Sorrowe rs( Trustors) urxknWdittatth/ doctrtaerttltaallho $M(rwemereabouttooxocu atTrus landnNemongageandthatUmpow wofs&Mprorid/d
<br />F fat in Ina Dead OITrustptriyi6MattbWttfliafiydittagMr ighnardow4*iOnsto"am a int avant of a default orbrNehof obligation underthe
<br />I Dead of Trust, including. but not Iimifa0 to. Ba LaniWis rilrfYl to he%*#* MN Propar))vfotd�y any l fetal procesdingof foreetosurs. Borrowers
<br />top oW and warrant that this aeknowkidgemerif era executed trp tt*n "stars flit rfoseution ir
<br />e'
<br />n berg):
<br />,f )�
<br />amower
<br />Ea G
<br />BOY!• LiTElVfi1WrYanOMLtfNtMlfteelpegrrt) IttaaeerMoMMielea1Rt01WO1MMlLMOMIMEDAOlfff &TMft6AMD. 1
<br />Ilalplfita011( comptaM ONLY ONE~ A. S. w C:
<br />0 A. DISCLA1MM OF lf1EM LTO'DE11110"TE HOM91<TEAM"
<br />The Borrower(Q acknowledgerVial thlayareaboul Deed ofTrust upon the real estatedescribed therein. The Swrower(s). andeachofthemii
<br />More than OM, do heraby disclaim t1Mir'right to des!fia+atq hl rivial pd putsuanitherNO. No part of the homestead of either of the Borroww1) is preseMty or will in the
<br />future besituataduponsa+diwatestate :The Borrower($) uMatstwrithat if eitherostabliaheaa homeatead on anypartofaaidnalestateduiingUmtimetho DmdofTrwt
<br />rernainsuneatisfiedandalNnuponsW r"l estate. ttW* shallbenortphttomakoadeftnation of homestead intMewM ofaforeclosureottrustN9 salowithre$PMt0
<br />said Data of True :
<br />e. wArm of IlwcTo oasiim*ATE monermAO:
<br />TboBorrowar( s) acknowW4* thatth "sroaboultooxecsnutfipfotfowing Deadof Trustupon the reatestatedacribedtMmin .TMeorrower(a). andeachof them it
<br />more than one do hemby talstvs 1tMfnripht to dgigMM a hpmestled pursuant thereto. The eormwerfs) understand that that' haw the right to make a designation of
<br />homestesdand tta hyaxeculinglhiowsiwr .theyarawurinDngriUa} nevus/ searolaLtetorthapurpose otattordingthamtheopportunitytorelainthairhomesteadintho
<br />event of a defa.aT 4on the Dead of Trust.
<br />O C. DEtVMATM OF MOROSMAD:
<br />Pursuant loins FarmHonw.Ass! Protection Act (Stc:i:On 78olil l at seq. RerisedStatctpnd life State of f Wbraska). the eorrowar(s). do hereby du!ignMe the real
<br />property, described in the "DesigW.ion of Homestead' atticheA i'eerato and Incorpgrsted harei!- 41 Ills reference.
<br />Borrower
<br />i
<br />Borrower -
<br />DUM OF TRUST WITH FUTURE ADVANCES PR(3411910N
<br />THIS DEED OF TRUST, is rradq as of dq. 8th- day of .-May-- _T 1!t' _$L L. pt' and among the Tiustor, .Danny-A - ftexg,
<br />a single rso '
<br />9• �--Ll manmgaudreat: •.��t0.. Nt�(��tle Road. Grand _�jand,
<br />NE 68801 -7031 (nera;n Borrower'y.ltenilstan, lllL��! s��(LIS��'D. 7 1d` }%$er of the NE State--Bar Assn., -
<br />whose mailing address is P. U. Box 2280, G41st$�Isli3n�,_NE 2 -2280 :_ (herein "Tru!rtt�'t, _
<br />and the Beneficiary. Five Pa19_trBal_fit
<br />whose mailing ad:iessis -P. 0. BOX 1507 _Ct^BR.fj, ISIa11tfi,. Ir1E
<br />FOR VAL!. MIX CONSIDERATION, including thtirdebti Cnessidentif,el"ief t)n and trust hereinCreatra. ht Arse- eipiof which Is hereby artvtl tiwedged,Bornever
<br />hereby lrrevocatar WAnts.1mriZi:6 convoys and assigns 10 Trulti g. IN TRUST. W I T ii POWER OF SALE. for trt4t wfjfi: and security of Lender. Le%*. , and eubleci'lis the
<br />farms and conditions here!nstre r'tio' torah. Ins feat property, cIntribed as follows
<br />Fractional Lot Three (3), Block Flire (5), in Spaulding and 'Gregg's Addition to the City,Of IP'
<br />Grand Island, Hall County, Nebraska, and its complement, Fraictional Lot Three (3), Block ;
<br />Three (31, in Arnold Place, an Addition to the City of Grand I'Mand, Hall County, Nebraska.
<br />and
<br />Lot Four (4), Block Five Ma , Spaulding and Gregg's Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />Together with all buildings• improvements. fixtures. street/; alleys. pasaasewitVs, easameriie,.l I;Ats. grreite,es and appurtenances located tnereon cr in anywNe
<br />paitamIng thereto, Inc! in* ffnts. Issues and profits, revertttms any remainders Metool. including. but not lim.4gA it;. heating and cooling equipment and such pe:;onal
<br />voloarty that isattached tothe improvements soast:rconati :u :d abxtura, and toguller with the homestead or n a f ilal interests. d any. which interest, are hereby released
<br />4" waived. all of which, including replacanf nU and add ,¢.•: s Mus: o. ishereby declared tobee part of thereat e' mutii Cecuredby the lien of this Deed of Trust and all ofthe
<br />taragangbeing relfnad to Main at the - pr*Xtty"
<br />Thos Dead of trust stall "cute fa) the paymentof ire pi•ah: -pat summa and interest evidenced by Borrower's note and/or credit agreement dated Ma�r_S. - -.
<br />1989 -,having a maturity ditto? May 5, 2001 —_..in the original principal amount of S "Q.MQ—. and any and a!t
<br />modifications. extensions and ranewats thereof Or there:✓w4tin. y and all future advances and readvances hereunder pursuant to one at more ptomilsory notes or credit
<br />agr "Ments(hersincatkd 'Water `),Ib) the payment of other om ma advanced by Lender to protect the security of the Note. (c) the performance all covenants and agreement
<br />ofSwroweir"Ifwlhheroin.and(d) Alli ndebtednessandOL! u; HishnsofBorrowe ?toLenderwhetherdirect indirect. absolute or contingent and whether arising by note. +
<br />guaranty. overdraft w olttarvilse.
<br />Bwrower. to protect the Mutity Of this Deers of Trust. ewenams and agrees with Lender as follows
<br />I Pat flaeMefPtMti/ Manllf111weaLB000* eryhat; prpt^ yttypaywhenduetheprincipalofandintereston. andanyfeesofchargesprovidedin .theNolaOrinthis
<br />Dead of Trust
<br />• I
<br />fift borrower is the ownesiatme Property. h1s st.is #v; j• I &nd authority to convey the Property. and warrants that the lien created hereby is a first and prior !!en an
<br />the Ptopeny. except as may Otherwffe W set fortE herein. 111"I'Me execution and delivery of this Deed of Trust does not violate any contract of Other obligation to which Y
<br />Bartoew is wbpct
<br />3 Tames. Asistasseatelf. To pay when &,@ all taxes. U41c,AJ assessments ard all other charges against the Property and. upon written demand by Lender. to pay to
<br />Lendw such amount are maybe eu lidialnl t0 arUb!e CPO Lorifer t7 pay such taxes. assessments or other charges as May trecome due
<br />a h w miliea. TO k SOP Me Property insuredagaamltf Warp* trj fire. hazards inctuCed witnin the term ex tendedcpvevage and such Other hataids as Leader may
<br />'(equit*. an amounts and with CampanweS aCCepfible IC•LOvAor• amt wall lOEs pavawe to the Lender In case of toss under such poiic,ea thelenrSer -sauthorileiltO3QIt.St �+
<br />collect and compromise, an claims lhereJnde r and STJti ti46e Ire option of eppi yutg ail or part of the insurance proceeds f U to any indebtedness secu red hereby and m suc n
<br />Ordaraa Lander may datermme D +MtUtheStlrrOrttr�MlvJ laid: lhfrepar6areSIOUt +onOtllaPrOptr: yore /nitOr anyOtht► purpOS @OrOtT- eC1591iS4Ctarvtulerdar
<br />r- thOntilfacLngltafhenp1lh: yOfrdtltTyStlGrtrelilli7n!d_ritSEt ' Bane+ ebyCetOteadcnQaymehla +ertGOiplace Anyapp! cat• or *ofprateadstoindebtednesss "6.a r
<br />rapt fitend Gi p5alplN.e (iteQW datb [;f tr*e p;xyr'tOr• �.xh#'ir- tit NU2 or c gird d:,, QbraUtt tkeJeunder cr h0ie.,nga!r i+ <.
<br />S MaMaatwiee 11a/Mq end Canplahea r 1N :Ara. f :)fturer stra,t WOOD the Pra;,erty and repa,f si ail prun•ptiy -vvaa. Or ret'a:e ar-,
<br />��. -mprGielrenl rt!ch mat Claims -ltd atdptrojtd rtUG ltd'L'1:t4.'P +t Or pr,-rmd env Malta or detefiUritibn ohatO arGDeity Si: a!i nGF +err OvO dem..'sP Vr S:.LSt�at J. r:atU:
<br />- a1` /Of tnei�tprC+!/Tlntaan(MPIOt1lrttr that;raittl.tMat -ar .•r3". s`•r.- ,00 --- .- '...-�- - -
<br />sha:f a SAO roT r r .� .. ...x t -.., :e .,,:.,t. J'.or,.. +tit.,.. y
<br />par G p!t /d'ec 7 g@tl7 lief /UNer !toil e171Litei -4e G :�i•efa n :.cc. + +'h+a +:l es andthargeg iCv -n0 - r ^t�,SPd c•ai.erssy a. }a •,sr +nr i4n {nrti ••:f• + „- - .••eat
<br />• •r
<br />i
<br />
|