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<br />ACKNOWLEDGINI NT OF DUD OF TRUST 90, 105320
<br />MOTOR READ TINS BEFORE SIGNING :
<br />Trnlslor undsnl rode that the document that Truman a aboul b executa is a faesd fA TruaNnd rttM a tncrlasgs and that Mte powifr
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<br />of sale Movidad kw In the Osed of Trust pmvWee dobalsingally different rights and oWlgritpine b T rAMoc stash a rno111'"i a n "am
<br />of a dehutt or breach of obligation under Via peed of Truss, Including, but not litmted t0, the Lender's rigid b haw Pr
<br />by VO Tfulae without any judicial pres•ading. Th ale rapfuents and warrants that this aoilrwwtedpirnow Marc sagilubd by
<br />Trualor before the execution of this Dead of Thies.
<br />(G lord�L. anllhlsttll Husband
<br />(Carol J j"Ble11hiMa Wite
<br />DEED OF TRUST WIT" FUTURE ADVANCBB
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<br />THIS OEIE OF TRUST, is maids as cs the _ 0thay of ALaulat 10-29- by and arltong
<br />the Tnitow. Gaylord L. Jensen and Carol J. Jansen, husband and wiser each in
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<br />his own right and as aapOuse of the other.
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<br />whou rnsak paddrNa is Roe 13 St. Libary, NE 68872 (heron "Trumole" whether one w n oily,
<br />V*Truatse, - Five Points Bank, a Nebraska Corporation_- _ -___W - —,
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<br />suttees maiurto ftddret& la P. Q, Box 1507, Grand I eland r NE 66602 that ON 'Truale•"L and
<br />#0 Owliskclary, Five Pointe bank
<br />whose mailing address a P.O. Box 1507 of Grand Island, HE 68802 (heron -Lender')
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<br />FOR VALUABLE CONSIDERATION. irtcl udulp Lattdar's extension ot;;redtl:rantifi•d heron Io Gevlord. L. _Jensen
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<br />and Carol J. Jensen, husband lL wife
<br />_ (hwain "801rowar". Kt#w�ther one or more) and the trust herein created,
<br />the scalps of which Is hereby acknowledged, Truster hereby icrevooaWy grams. transfers. conveys and anions to Trunbe, IN
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<br />TRUST. WITH POWER OF SALE, for the benefit and security of Lender, urrdier vivid ai m4fct to the Some and conditions horainstlier sal
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<br />I4111It, the real Property, daecrrbed as louows.
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<br />Lot (272), West Lawn Addition to Grand Island* Hall County#
<br />Nebraska
<br />Together with all buildings. imp►ovextents, U xtur. cas, ail "& psass"ways •sssrnars. w r fin, p► e and appurte••
<br />nances loaalsd thereon or in anywise pertaining th•rsto, and that rents. issues and profits hrarstons and remsutdece M,weol, and
<br />such personal property that Is attached to the Improvonwts so as to constitute a (ixlllre ,rtc4im,rAg, but not Ilmtted to. hesbrtg and
<br />000iing equipment and together with the homestead or marital interests. of any, which Inleceeft *riv deers" refeaa•d and walved. all
<br />of which. Including replacements and additions thereto. is hereby declared to be a Part of the reel• •walls wowed by nn lien of this
<br />G&W of Trust and all of the foregoing beuto colored to heron as the "Propslty".
<br />This Deed of Trust aW secure (a) dw payment of the prrncypal sum and interest evidenced by a panl ia" now or crew
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<br />ao►eemoeat dated a -30 -90 - -. having a maturity date of 9 -1 -2000
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<br />4A 4t* Original prlrtc4W amount of ti_ 13 j eel _ QO_ __ -- . _ -. - . and any and an modibcaa,ons alitio woome and teriewale
<br />ti" Offtf Or then i0 and any and all future advances and readvances to Borrower (or any Of thaw# rt moire sham Circe) hMeundM
<br />Ip~11111,0 chits or more promissory nobs or credit agreements (herein called "Not•''l. (0) the psile woe oe varec sums advanced by
<br />Landar 10 pro'Uu„•1 the security of the Note. (c) *s periormance of aii covenants and sec brill nsrwln. and (d) sh
<br />J)retsbM.{11ndt %ture Indebtedness and obligations of 8otrower for any of them if more mrr, orw� to Lender o ernw d►ract, utduaCL
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<br />Wfa.Qr Kontinprit and whdher arising by note. guaranty. overdraft or dott'i rwdi} Th,e nyow. en,.s Deed or rruorr and tiny and ail
<br />t*W docalieft that secure the Note or otherwise execul d l,, conco colon trrerlt►Ityf, err: udrrNg eMlsotit rlm�fis4A {�u,atminrisaie. aer.Ynty
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<br />901e0rtli lnin and assignments of leases and rents, shall be +elected to hweln ac vie Loan 6nMwimerm
<br />1144 tzr covenants and &gross with Lender as follows
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<br />t. •itteRtmw 41 Indsbisdneee, All Indebsadnses Secured hereby Owil be paid when djua'
<br />^s . >ri>fla. 7 +rv�/tor )r tine owrtar Ot this Propitry, hen the rfphl and auMOrlty to Convey the Property end rM,p ra+tpl that the lIM
<br />�CTOSIed hKtrb3' •a A l�u+u6' Ax1d prior lien on silo Property. esrepl la cans and •neurnbranCN ear tirtrMl by 1'ruwti,N
<br />.n wrlYrrg and
<br />clrol)vered tO,LsnlYer (6e'iOre execugon of this Deed of Trust and u,e eaecutroh and delivery of fhM Gerd car Truer ttwe cow voWaM any
<br />contract or other olDNgaitton to which Tryaipr ie aub)•ct
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<br />3. Tawwtr Aeseest(teals, To pay bMw• tiNfncuencv all texas saecw aasaaano.ntx aria .0 ott,rr ,1,a era aea/w trl. w......w.
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<br />now or harem %vied - -- - - -'-
<br />4• kOWS(Ce. To keep the Property insured spinal damage by fire, hazards Included within the trim eldended covwage' and
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<br />6"h Omer hazards ate Letow ntey requite, in amounts and with companies SCWI&bly to Lender, namiuy Lwbdw as mitt addiburial
<br />natrted Insured, with loss payable to this Lender. In case of loss under such policies. the Lender is authotit.od to tutausL couect flood
<br />COmprttmisa, all Claims thereunder and shall have the option of applying ail or part cat the ,nsul ancu prcocowit cat to ally nztlrbtaOnass
<br />$"UF W hatNDy mild lei such order as Lender may determine, (II) to the rruntor to be used for the+•pair of ra kK8llOn of it* Nro"ty
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<br />or (4141101' atiq,• Other PWP M Or object sassfactory to Lender without atlKitrig the pert of this Ovoidal Trust kw site kill amount "awed
<br />heretty b6*6 such psymant ever took place Any application of proceeds to indebtedness shat) not •.end of postpunal the due
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<br />'11►t1a 49 irhY payments undur Ow Note, or Cure any delault thereundor or hereunder
<br />S. ft "w- wtitlen demand by Lender, Truslor shall pay to Lender• in such manner as Landoll r„ay rflr.linale. suM dent
<br />sums 1106910b tagrlder to pay softy become due one or more of that following wall taxes, seassemenls and OVW Chaco" against
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<br />the P(GIM+ty, (Ii) the pnrrilurns on this property insurance required ►ur•under. and Ito) Moe premiums on env morlipw Insierantw
<br />r•puired Lender.
<br />aa• 1� pepatra cad Compliance with Laws. T.usto• ahaU kNp the Plopwty I,, good condition sna roPail. srw,u
<br />Pr~y repair, or replace any Improvement which may be darnagedt
<br />or dwAroyed, artall not t ommll or pwrnit any w&bliv of
<br />dalsrioratlon tit the Prop"; shag not remove, demolish or substantially alter any of the impruvwnenvl un ihtr Ptupotly she,! not
<br />Commit, ettlior car pern1R any Oct to be done in or upon the Property in vio 4osUon of any law ordinance w reguiabo)ti Gnu t+IwU pay ar o
<br />Promptly disuharge at Truetw's Cost and ettpen a ail Ilene, encumbrances and uhatyes levied. Imposed cat aaswsed allalrtst the
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<br />Lender
<br />nt DOOWAM is hereby assigned all compensation, awards. danrliyes and Wtter payrnwUS w Iviw1 Ittare►In#tflW
<br />"Proceede'1ln
<br />o0nnection with condemnation or other taking of the Prop" w pert trntraul, or tcir t.unvuyartLe uo heu of Luitdl#rrtrla
<br />Wn. Lender shall be entitled at its option to commence, appeter in and proeftuts ❑t its ,rtvn rrrnitt ally aLtoul, or flout wed-ils al,d
<br />shall also be entitled to make any comptomise or assessment in connection with such taking or damage In the event arty "too#, of
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<br />O tfiserrw.liMaw aewwMre +rnlrr w st�r.ts. rwe+.u.I� sIM.M gts...0
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<br />kdyL�l•? #. .. to i_1Ii� J..f,t.f /!...(.blur t''{� .. � .. ' - ...- .. :.l _ .:,, .. .. .. .. . .
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