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ACKNOWLEDGEMENT OF DEED OF TRUST ,.
<br />MWOR Ma T" afflowsmNitYG:. Oil 106133
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<br />TrW or, undKaie n t Md t i docunwt i W- Trostbr is aboutto execues Is s Dad of Trust and n d a mortgsps and that the power
<br />blsWprovkW orintheDeedofTrustprovidoesubstantiallydifferent ►ightsandObligationstoThn orthana or%meintheeverit
<br />of a default or briach otobligageon under Nits Deed of Trust including, but not limited to the UnWe right to have" Property sold
<br />tlN. Tiustae,without any Judicial proceeding. Trustor represe ac t was exaoulied by
<br />Tfnulor bore the execution of Ifte Deed of 'Must
<br />Ric and A. Corneiflnstor
<br />j Becky J Qrneliufn,dor
<br />DEED OF TRUST WITM FUTURE ADVANCES
<br />THIS DEED CW TRUST. Is made as of the 15 day at- • October ,18_29, by artd among
<br />Tom,,
<br />Richard A: Ccar�telius and Beck :. J. Cornelius husband and wife of` %i,
<br />f. .; eft
<br />erg .,ea?c n s an: own rig F
<br />iEAst .6th. _Has s. NE 689tH.
<br />s "f siYit;tPlli?(ildeeais ;jzR'� '( herein "Trustor ;' whe+@ or moral ti i� '
<br />i;s. •,tier' 1. :�- - _ .:, tl� F� V, -
<br />(4 ;9hs Truslse �#agstate Hank f'
<br />.wftow mailing address [s PM., Box. 2178, Hastings, NE 68901
<br />(herein
<br />'
<br />.. "BwwwwAsry. H stings': ' ate Bank
<br />whose mat addreer is • O. Box '2. 76— _-Hastings-, NE 68901 herein
<br />FO(�lleALUAll 1. ? 1DNSIDERATION. Including Lender' ex'.enaior+ of credit identit t,ttersin to Richarc�,_.;A. CorJheXius
<br />and B p3GY a .:_COYt;Ri us Owein "Borrower". whether one or more) and the frccs bereln t
<br />4W reterlpl tf Whtc�S is ' ereby acknowledged. Tnastbr hereby irrevocably grants, transfers, conveys and assighi to Tru=ww - --
<br />JS'T,WWHPOWFAOFSALE,for the bsnefitandsecurityof Lender. undwandsubiecttotheWmii .deonditionsharei • list
<br />titlrllt 1 M mat propMifty, +peribsd as totlows Lot Twelve (126 , -'in Amick Acres .• Second Sul�„11 * *ion < <r
<br />i lo"'ted in part of the North Ralf of the Southwest, Quarter (Xf9Vj)' Mio —
<br />part; o f the South Half of the Northwest Quarter (S;NW0 ' of Section Tiro (2)g
<br />TownehfP Nine•(9) North, Range Ten (10) West of the 6th P.M., Hall Coanty, .; 4.
<br />k • Nebraska *'* THIS IS A CONSTRUCTION SJ9Ct)RITY AGREEIZNT * **
<br />Tower with all buildings, Improvements, fixtures, streets. alleys, passageways, easements, "M& privitepes and appurte-
<br />nancet eacalsd #Ww or in anywise pertaining thereto; and the rents, issues and profits, revereimos and reminders Iheraw. and
<br />p such p ?E mitt property that is attscrted to the improvements s;x t6 �rr.stitute a fixture, including, but not ftmited to. fleabite, and a
<br />cooling egss4prnertt; and Wgdiser with ewhomesteadormarita4iMariMmi zany, which interests weheeftreleasedandwail pll
<br />o f which. Including t'4TWAImentsand additions trrereto, is heretiyc df!�dsrad to be apart of the real etitare secured by the lien �fltls
<br />' `Itsed of Trust and all of ft tail%oing being reNfrred to herein as the "Property ".
<br />This Deb of Trost shell secure (a) the payment of the Porepal sum and interest t"Ideneed by a promiasa.ry now or credit
<br />:,WOW
<br />aertldatad 10 -25 -90 having a maturity date of
<br />in the original prince 2 500'r
<br />acmount of !i ���Q and any and all modifications, extensions and renewals
<br />thereof =..Iflereto and any and all future advances and reailrrances to Borrower (c r pny of them if more ifW.jNwte) hereunder
<br />pursuar$1114 one or more promissoiq notes or credit agreemeit $ ;herein called "Note "a, o� the payment of other s e0ai tgod by '
<br />y..
<br />Lender'tc t+rolsct the security of the Note; (c) the perfarmartce'r�c all covena�ib and agieremants of Trustor see torffrthxrrsin; ais1C(p*-Wl
<br />present and future Redness and obligations of Borrower (or any of #taon'd more than one) to Lender whether diNkt. kv&i ;K
<br />absotute or continon'tmTtid whether arising by note, guaranty, overdraft ce Wherwise. The Note. this Med of Trust and any Biel►! 411
<br />Olfw0QcwtetM1*s vixretheNoleorotherwiseexecutedinconnectiontherewith, inc! udingwithoutlimitationguarantees ,seCiufty
<br />agreert�etstti`and #estgnrhents of teases and rents, shall be Warred to herein as the "Loan Instruments".
<br />Tuit m covertetifs and sprees with Lender as follows,,
<br />1 iftl�irretttl N.iAdla4lsr+Me. All Indebtedness secured 1hpTeiby shaft: be paid when,dge.
<br />2. 'rive T► lfor t5t the owner of the Pr l kif� -04 Sri 7 and e�,iti t wq to convey the P�
<br />' �.: � D .. Y t�, and warrants that thadtaiti , ' • -,4 . � ..r l:1••;�;t��� t -, �.. x�_,_:
<br />created hereby ie.a st artd prior lien on t'ae Fra> its, r�nzzatss for'i4nT,.4n1 encumbrances sei t2nh by Trumt in w'riUim alts : �? , , : _,r ;l,' ,, �,1?! ;;,r•, �!s -, «
<br />:deltve m d-0 �ermkrbebre execution of this Deed of Trusy.a dd tlrz exev, -in sn^s and deltKSeay of this Deed of trust does not violate say,
<br />ouhltsalw o6w obligation to which Trustor Is subject:' a,:,
<br />3.: Yigrws, A�M«eMrwftil. To pay before delinquency a�j �+tatifa 4 saeclal assessmer.% r>7nd all other chargs*agalntt ft Property.
<br />now ounereaflsr levied i, Al" _
<br />4;.)(Mllt ewe.-?o keep Me Property insured a�if�srdamai���ykreirapa fas included within Ihe loom "extendeicovrrags,, and "';•�'r'; !'t.� `
<br />- #lioo otherliaitardli as Lander may require, in amounts and wiir- coimparites acceptable to Lender., namlhg'I.endbi as an additional
<br />- - named Insui@d. with loss payable tome Lender. in case of iou rjrnder such policies, the launder is euthoriabd to.adjust collect and :
<br />comptomiie, all claims thersur4wand shall havethe option of applying all or part of the Insurance proceeds it) to any indeboarms -
<br />secured hereby and in such order as Lender may determine, (if) to the Trustor to be bees for the repair or restoration of the Property _
<br />or (iii) kw any other purpose or object s411til4ctory to Lender without affecting the lien of this Deed of Trust for the full amount secured. -
<br />hereby before such payment ever took place. Any application of proceeds to indebtedness shall not extend or postpone the due
<br />dais de any payments under the Note. or cure any default thereunder or hereunder.
<br />& Eaarsv Upon wrilNn demand by Lender, Trustor sha;l pay to Lender, in such manner as Lender may designees, sufficient r,
<br />sum b eneV a Lender to pay as they become due one or more of the following; (i) ail taxes, annamentsand other charges ag cede
<br />OMPMpurly.tigthepremium s onlhi prtlpsfry fm;urartce tilguirad hBreiirtflW, afid Giij ft premiums on any mortgage ifiguranoe -
<br />. raged by Lttrtder, +
<br />e. & Mlle -1411 C Re*abs UM CanMiiaece W0 Laver, Trustor shall keep the Property in good condition aria repair, shall
<br />prompgy repair, of replace any IMProvefnent which may tee damaged or destroyed; shall not commit or pof-. 111 any WSW or
<br />dNsrk0 ion of to Property: shalt-*ot remove, demolish or substantially alter any of -me improvements on tho Ptoperty; shall not
<br />commit suflar or psrmn anyset to be done in or upon the Progeny in violation of any law, ordinance. or regulation, and;shali pay and
<br />pron0v discharge at Trusor's cost and expense an liens. encumbrances and charges levied, imposed or asaessO against me
<br />Property or any part 11wed
<br />T, f *JN0 t CoRM6r. Lender is hereby assigned aifeorawsarot% awards, damages and other payments or re1itt (hereinaf @t
<br />- PrOdd6b3iii conniection with candeiriination or other taking of he property f ("part thereof or for conveyance In iieuof condemns-
<br />tion. L'endor shah twentitted at its odtion to commence. appear in seed prr secuter Iti its dwt, rams anv action or proceedings, and
<br />sha lfatls�tlaentittedto make anV compromise or WNh such- CawitaordflmayLe fit the ~tanjjpomo6or
<br />t 1M1Uw ,cimwrtttrreiNp1Wa
<br />A 1}>�Ilpblrl�rdl`pl'fIN1w(y ri{r MlS�,nh�t A(fficRWn L•ntOL^ tr�pr�Y1 ' ,
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