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w <br />0 <br />OEM <br />ACKNOWLEDGEMENT OF DEED OF TRUST <br />• TAt 6i(M READ T1,118 OEFORE BIONINB: <br />90--'105325 <br />Trustor undwetande that the document thal Trustor is about to execute Is a Dead of Trust and feet a axittgltge and that the power <br />a ease provkledfor In On Deed of Trust provides substantially different rights and obllgatlorhsto Trustor than a mwVw in the event <br />at a deists or breach of obligation under the Deed of Trust, including, but not limited to, the Lender's right to have the Prop" soil <br />by the Trudee without any judicial proceeding. Trustor represents and warrants that this aaknowledgernent was executed by <br />Trustor IbefiorIt the execugon of tea Deed of Trial, <br />Shy Clack, Trustor wile) <br />et11 E. CLAW, T liuebAM ) <br />DEED OF TRUST WITH FUTURE ADVANCES <br />THIS DEED OF TRUST, is made as of the —LU L day all- 19-3n- by and among <br />the Trustor, tPtly'1}ia A. Clark rarb Venneth X. _Cl,axkr wile 4s Husband <br />whose malflnjA address re . 386 W- Pin- _ GICAM , i■L"d, HE 6aaal (herein "Trusloi." whirlift one or more), <br />the Tn"ol !1f era 24 Lt"Ui;a BiOkr a r°hraska. Mmration <br />whose mailing address is w. O Tiny 1M7, rSrenA , IeaOLir -a1E 6M02 -15,02 (herein "Trustoe "), and <br />tit seirtaklary. Flva 4Pninta sank _ <br />whose mailing address ts >). nr. B� 1rts7r tLrand i6n ^a- NE 68802-11..� (herein "Lender'y. <br />FOR VAWAA&E CONWER040N, including Lender's exteneann of credit identified to. ph LI-In A-... kAdL WW <br />r+t.Zk - WI CA 6 tihl b°"d __ _ _._ (herein •'Wrowet '. wndrher one or more) and I've trust herein created, <br />He receipt of which Is hereby acknowledged, Trustor hereby iri'evetcably grants, transfers, conveys and assigns to Trustee, IN <br />TRUST, WITH PC11VER OF SALE, for the benefit and security of Lentni under and subject to the terms and conditions hereinafter set <br />forth, the real rroperty, described " follows <br />See Attaohtaent Hereto (3 Legal Sheeta) <br />70960W with all buildings, improvermilts, fixtures, streets, alloys, passageways. easemoAts, rights. privileges and appurte. <br />nances beetled thereon or in anywise pWAveling thereto, and the ronls. Issues and profits, torsions and remainders Hereof, and <br />such per4artab property that is attached to Ow improvements 50 ss to constilk-W A fixture, Ir ciwdrltp. but mr,c invited to, heating and <br />tooting s4WI; meat and ttnv:'ttsir with the homestead or marital interests. of anF. * nlch intanpsris are horpini, re -assd ano waived. all <br />of who, wdtwditq replacements and additions thereto, is hereby r,Yeckared to boa Start at this real estaoa Secured by tt►e lien of Ibis <br />Deed of Taub: u,d all of the foregoing being refined to herein as 1::4 'Property" <br />This Owed of Trust shall secure (a) the palmed of the principal sum and interest evlderced by a promissory note or creMa <br />agreemenl dated Sewrur+ err. 31 1000 having a mattrrrli, :late of aQtCbai 1 . 2000 <br />in the original principat emount of s �! }�,0 00.00 _ __ „ . and Sny and at! modifications. extensions i4vYl >r4newals <br />grireof or tMreW and any and all future advances and rsadvaa„e s m harrower (or ant• ol them if more than ona� twreunder <br />;p•,rliWflt to one of More prMnlaaory 1016 or credit agreements ( herein called • ".1IOIe "1, lb) the payment of other sums advanced by <br />Lender to project the security of the Note, (c) the performance of all covenants and agreements of Trustor set forth herein, and (dl et, <br />present and future Indebtedness and obligations of Borrower (or any of them Amote Char, :anal to Lender whether direct, indrtec <br />absolute ot.m.1ttingant and whether artsing by note. guaranty, overdraft or otherw,,se. Fars Noie. this Dyed of Trust and any and al! <br />opm docwenis fti secure" Note or arlerwise executed in connection therew.t:^ :1104131 ii, without trmitation guarantees, security <br />agrowrerrtto and mignments of Issues and rents, shall be referred to herein as t'Ie ;,.cQ r lasuuments•• <br />Trustor covenants land agrees with Lender as follows <br />1. PaylMllt d Ifl+aibleiassa. All tndM>te rww secured hereby Mall to pa-s' when dtiar <br />g. TMs. Trustor is the owner of tea Property, has the r,gh* &%d authority to convey Wt. Property, and warrant that the Iran <br />created hereby is a first and pus. Iron a, Fm Property, excetir ►or irons and encumbrane" set forth by Trustor Ire wrrt.rtg and <br />delivered lo Lender beforeexecut or of Inis seed of Tr•uai. end titreexeculron and delivery of thus Deed of Trust does not violate any <br />cons,W or offer ob4p bon to which Trustor Is &ablest <br />I Tessler AnnenttM1/. To pay before(Wi nquenc;y w, taxes. speciim ansasaments and ai{ tamw charflq aaaaw He Prooerb <br />now or riersanar tevted <br />4. Inesee ere. To keep tea Property Insured against damages by fire. hazards inouded welAin the kirm onWi ndedd coverage and <br />such outer histards as Lender may require, in amounts and with companietl acceptable to Lender, naming Lender as am additional <br />named insunsid, with lose payable to the Lander In CO" of toss under such policies. tea Lw KW is authorized to ad;urt, collect and <br />CornprorNN. W claims thereunder and shall have Una option of apply ing an of part of the u,surarK a proceeds p) to any indebtedness <br />secured hereby and in such Well as Lender may determine. (oil to the Trustor to be used for the repair or restoration of the Property <br />or (iii) for any other purpose or object sasstaclory to Lender without affecting the Ilan Of His Deed of Trust for the lull amount secured <br />hareby before such paymeM ever took 0400 Any spWrcatoon of proceeds to indebtedneiss shall reel • ■tend or puskx" the due <br />delve Of any prymenta under to NOW or cute any default thereunder or heraundw <br />5. Em: m. Upon wnt4n demand by Lender. Trustor shall pay to Lender. in such manner as Lwio do may designate, sufficient <br />suns to anabis Lender to pay as they become due one or mere of the following (i) all taxes, assessments and other charges against <br />11te Properly (it) the premiums on the property inwrance required hereunder. and premiums on any mortpitpe ,nsurancs <br />required b Lender <br />d. W iwlteaoe. Nwpaira and Caelp4iNaoe with Lewis. Trustor shall keep the Property on good condition and repair. &Hall <br />prorrtplly repair, or replace any irrtporannent which may be damaged or d000yed Mau not commit M per►nil any waste or <br />dMerietabon of IN Property. shoo not rernu.u. denim or aubstsnb&J;,r ails any or W4 ornprdvements un tae Proprty ►hall not <br />commit suffer or perrvid any act to be done an of upon t** Property in v oolaW of any is*. ordonance w req*itat n ant► "i, pay and <br />ptompMy discharge at Trustor's c" and expense au f,eiq, encun+Wa,icea and charges 14h4O. Imposed or asseaaed aga.rish the <br />Property or any lean thereof <br />7 Esalawed OSteakl. Lender is hereby atss%nedall cornlpen"1#0 i awards. dimaps a►id o0wr payments -or *.44 thre,na%w <br />"Proceeda'1 m connection with cortderrnnation or other Wing of tyre Property IN p4H lnwleof a rw cun.eha „tee ,n i or < �raielm.yi <br />ton Lender shat) be entitled al Ili Optilpn 10 coerwri io-cs. appear 't, soli pfErw JIM ,n , ?s Vwr, marry ari r SO Vr, or vruLvwd 'wit a -, <br />shed also be entitled WNW” any compromise or teasen+ent in cwlriKt,on 011.1 %uth %W "V Of da-4" ,, me v�eirt any i„ Irt.y, :P <br />Sill il+i i rl..,,.rr.,w,,. r y.r.r �... •u • <br />O 1� aw°MerrY M Cwrw A.ri ear aw..l� Arrr..rw ♦,IIr.YI Iiye.w <br />. � 3 <br />1- <br />t <br />I <br />s <br />P <br />