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a <br />i <br />ACKNOWLEDGEMENT OF DEED OF TRUST 89- 103255 <br />•OIMOWM MAO Tme no o" •IOI we, <br />Oerrerers a irwtwa) u!xMnland that tfta document that trig 8orrpwereara about to execute it* ReW OtTrual Indelible mortgage andthetthe power of aataprovidod <br />IW in the 0111,110f Trull (arartdN substafft+ely eMffetenl Nghls end obtigetiona to the Borrowers than a mortgage in the event Of a default or bfoACh of obligation under the <br />Mold Of T It'll '(Chiding but hot 1401111110 W the Lender's ughlAo holy* the Rill Property sold Ay the True%* without any Judicial proceeding or foreclosure. Borrowers <br />to OWIt are vraftAnl that true was aAet uI10d by them before the ex on he o <br />% — <br />(Venneth E. Clark, Borrower Husband) <br />( yli rl. Clalck,��' Wife) <br />PREFACE TO DEED OF TRUST <br />COMFLOT1 MN paMteR ONLY U Me reel pnpef!ll deaalbse coneft a of mawI YmuAtty iTrtliiii AOR1CKTURAL LAND, <br />N appMaMM. 0, ,Pink ONLr 0M O Mrf A, si er c: <br />0 A MOCLAlI1U1 OF MOH'/ TO DISIONATR HOMESTHACI <br />The ttierrowerM ocknowledga that they sro about to execute the following Deed osTrusl upon the nalestaseoescrgbed titers a: The SOftowret {ft);g5tdeachof them if <br />more then one, do hereby disclaim their right to designers a homestead pursuant thereto No part of the hotin"jeAd4014fthei 01'ths Szrrowat(s) tsorseentty or will in the <br />future be situated upon sold test estate The Borrowgrij) understand that if either establishes a hornesload an any pal ofseld mill estalilit during the time the Dead ofTqust <br />remains unWtshedand a lien upon said real estate, there shall be no tight to make a designation of halnestead Intheewent of a fose:."bsureor trustee's sale with respect to <br />NW Dead of Trust <br />13 e. WAMM OF RIGHT TO Dvvat4ATR mmsTtAO: <br />The iorrower(s) acknowledge that they are about to execute the following peed of To ust upon the real astatedescribed therein. The Borrower(s), and eachol them it <br />more then Of*. do hereby waive their right to deslgrlate o homestead pursuant thereto The Borrower(s) understand that they havethe (Ight,tlrmaket a designatioh of <br />homeagad SW Mat by executing this waver. they atop welving rights otherwise available for the purpose of affording them the opportunity to retain their homestead.iq the <br />event Of a default upon the Deed of Trust <br />CI C DemmiAT" OF H mair[AD: <br />Pursuant to the Farm Homestead Protection Act I Wflon ?t)• 1901 at sea Revised Statutes of the State of Nebaska). the Sorrowver(s)t do+te(eby.designste the real <br />Property daschb4d in the - Designation of lomestead ; attached hereto and incorporated herein by this reference. <br />QonlxtsAyt . ; . <br />13onoteea , <br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION <br />THIS DEED OF TRUST is mnd0 as of the 31 dfiy of January ty 89 by •ands -,ong theTcustor, Ve —oth E Clark <br />—111:3 3shyl2ts A.. _C2a;=K, rivabaud fi Wife whose, mailing address is 107 West 4th, Grand Island, NE <br />68801 thefem • Borrower I ins Trustee William G. Blackburn, a Member of .the NE State Bar •Aaiun. <br />whom mailfrigaddressis _.... p.x.. -O, Box - 2,280,. brand island, NE 68802 <br />and the B ino1sciary, __Five Points bank -� <br />w.. jse marling address is __--P •.4.• . Box 1507, Grand island, NE 68802 <br />FOR VALUABLE CONSIDERATION including trio indebtedness identified herein and trust herein created the receipt of which is hereby acknoylGedged, Scleliower <br />hereby irrevocably grants transfers. convoys and assigns to Trustee lNTRi.dST WlTttPOWEROF SALE for the benefit and security of Lender. underaild subject tothe <br />taint$ and COnddrons hereinalier set forth- the real property deScrlbed a, follows <br />The North 42.5 feet of Lot Ten (10), Block Sixteen (16), H.G. Clarkin Addition <br />to the City of Grand Island, Hail County, NE <br />Together with all buildings, Gmplovemante fixture, sfrrets anegis passageways easements rightf, pnviregesand appurtenances located thereon or m anywise <br />pertaining ttstaeto, and the rents, tsSUes and profits. reversions and tomainrlcry thereof ifiCiwdttig tlul /tut limited to- heating and crdohng eglupment and such personal <br />Pfc" I' lylha tftatiaChedtott mtnfprorx ment,. Was ta.orrsT•tuteatn,ft,ee anrdrng- iih erwri nrnenomestradofmantat interests. it any. which interests are hereby releasod <br />andwsiyed. all of which, including replacements and additions thereto Is l,oren y declared tone apart or the feat estate secured by the hen of this Deed of Trust andaitof the <br />foregoing being referred to herein as the property <br />TAM Deed of Trust shall secure (a) the payment er Irtu Pirnupn! rum or.rl ,mutt. at uvictunce.f try tlueIuwet , note and or credit agreement dated �. <br />having a maturity date of 1/5/96 in the original principal amount of S - 1900.00 and any and an <br />modifications. extensions and renewals thereof of thereto and any and sir fulrifa adiranr as and reAcIva ices hereunder pursuant to one of more promissory notes or credit <br />agtMfnentsMrsincaiktd -Note I (b)thepayrnsntotutharsomsa drop lY cedftyi. enoeribpfutectllt0SOCurttyOfth, Note( C) theperformanceallcov enantsandagreement <br />Of Borrower "I forth herein, and (d) all indebtedness and nhirgatulna e,I Rpu +•wit fr i l nPrtnr w'•ultrc•f duer I 'fulaer I absolute or contingent and whether arising by note. <br />guaranty overdraft or otherwise <br />Borrower. to protect the eeCunty of this Deed of trust covenants arU agues with lender as touons <br />1 fty No M IIf11e1pm Mdleleflot. Borrower shall prornpliy pay whendae trio prim, , p,l of and interest on and any fees Or charges provided in the Notoorinthis <br />Deed of Trust <br />2 Tflla. Borrower is the owner of the Property has the right anrt autnut. t y to r unrey till! Propecty and wAimnis that the l,en created hereby is a first and Pilot lien on <br />the Prowrly. eAcapl as may otherwise be set forth herein and the efecutu,n and Cltil.vur, of f hit peed fit I Gust dues net vrdato any contractor other obligation to which <br />Burrower to aub(act <br />3 Tam". Alaeae{weMe. To pay when due an falls, spaclal asieanrer.la Arn) a'r Millie I hdrl /eY against inn t') irperly and upurr wnttan demand by 1 ender to pay hr <br />I tender such amount as may be suff,c.en! to Manse ifhy trnd,rf 1n ray our(taxtt as cccsmenty of „tnei 1 hargrs as they necOrne due <br />'e fR!"XMICe. Top kp3 f:,:r ^t„�,.^,:j� •:.:u„nd ayamtt Cramage by lire raSAM11 , of 1.000 with n fl +e terra a A fell Qftr) (five rays and sir(. h Gihet hataid5 n9 L ender may <br />requital ..n amounts and w h r Ongrar,;*% &CCaptab [at o lrr.let and *,tit 1.)t' f'AVahin I.. III [, ! < ridf r i•.1 ace.,t i:as „' tit nr r, x,11 r rs the 1 e, der aun,l,e'led to adlust <br />Collect andt empforril". fill( terms (Aete.rnAer &(.I shA'1 fia.(, fns rphrr +. of apply l.au 1 d tan ., •r,rn<., P t••!u ('I- <br />I,. I loins ffetf clear to he U"Il It. r Ira, ntpa.r I.r rpgfyr Tl,nn t,r It'll t'r Pi ^1 j nt i.,y r. , ar.r r.rr ill ( ,ri roil• n!•,e- t r..l! staclury fu! ender <br />•. th• �: JI111teC ring lnenenGIfill $M,sil III T oust to, film fill) a nc: nfdsf •,,,twrll,rnrityl,r'.nt,tn• G._l,r..•.rr.[',r...Yi•,r _ A,, ,dVtnn,nr. <br />n!,t @,ittl rid 4t puttp(1r:R Ins flue r1:t 10 LI pay plyn,r)nf•s UI1:141 tt,e tdato Id ,,.Ill day L,'0d,ill IF.U,c.d ..'ar .., •.,.,,_........ "' �'r •., S (..9 $ftell <br />Y6110 er,secex^i�7,.^ �.���a aria G <br />r 0^~e with to we tGr)n J.►Pr lr -1 YC('!r rntr G.. �.rr,t .1 ! ., .- t ,rG r .,. t 1 • •n1.1. 'r1.1.r rf •t•(Id.r .i,.. <br />tr'.pinyVl'eM!f,iCi:.nrcaytAl dahrA;if•:1 Vt d� }TlGyet) ? "ra %iGU!!,;u,rral nr (gin, ^oil key «a44r ..r ,:, n - ., „rl , , rr.., . <br />Ptyel llta,9, yi[,. Rei.R 4r, pis 1tt /1 a4:1,ulrly to ailnpl• nnn„1 S r11P, r. ..J r , -.! o1.L.•avd i�. <br />f e,r J',y H, t! f /, rt, •t,ir r , i , i' .t' + •. ,n •,! •, l• . 1, .., .tr, r, .i 1 <br />It.x;l payAn'yG;,vr'+'. (.t: or 4,Pe,hu lye, A t fibrr•,iYee at ,0 a.u/ntifi•,"A „r, Lr.1' Iba, -t +A•1 - el r .1'• ..!. :1'.t{ , err <br />i <br />)1)� <br />f� ( <br />t <br />i- <br />r- <br />i <br />)1)� <br />f� ( <br />