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ACKNOwLE04E ENT of DEED of TRUST �9--
<br />TFAMM R READ THIS BEFORE 'SKINWi(� ;' 105436
<br />Trtawor undwsbtnds lhsie#w dmwnwk ll* TnmW is about lo exwu* is a D@od of Tnut and nela mor% psand V%M dw pmw
<br />-. of stir pribridad Win ft laded of Tndlt W Mr W subMa ftgy dlfl*W t! s and obligations to TrusIor than a.ntortpape M theavent
<br />of s dstttiult or bind of urtdsr the Deed of Trued irticludirtp, (>! frsb7t Nm tied to. On L•rtA•r's ►ip(rtt b haw, tf t• Property soil
<br />by the Tr ul" wltKU any ju*W prot•is&q. Tru*r nlpr+satif►ts ari¢4w ittranis that this acknotMlltdgantert! was ex•caiMd by
<br />THIS DEED OF TRUST, is made as cf the . J-294' `af
<br />October „ 1919 by and among
<br />i tfte Trusbr, s ' rs�s'1: -� '�5'.3i+ '. husband to Wife
<br />YMlttie• • "m^"'r1 an �1 ti (herain "Trustor." Owther one or more)
<br />' tt• Title" Hlt+cicb rtes, � fir, . of the HE State far Assn.
<br />E wftoe• maiKrtg addt`M + it u -o- ri `TWA-A, • NE 688e2.•22$0 (herein "Trustee"), and
<br />1M BenAfiCiarj/ - `-�iYa >1afLt►ts Si= .fir. --- ;•;�'j .
<br />whose u" address is P. 0. Seyt 1507. Graff 3aland. NE 681302-151)7 (herein "Lender"}.
<br />Cla mr�, CrO% ERATiON, including Lender's extension of credit identified herein to RWW _ Q ark & i+pt L.
<br />,,.: to R•
<br />tft• roQSitprr of which is her scknowkd 0,0,rein "Borrower', whether one or more) and the trust herein created
<br />eby ged. Trustor herKy'irrevoeably grants, transfers, conveys and assigns to Trustee, IN _
<br />TRUST, WITH POVMR OF SALE. for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set -
<br />fortt, tte rest property, described as follows:
<br />Lot Seven �7�:;,,; Block Throe (3) Nagy's Addition to the City of quart Island, Hall 40*
<br />HE
<br />Commonly known as 4'i6 E. 6th, Grand NE
<br />Towictar with,, . <, :6uildtrrgs, improvemen,;f- 04ures. �.�ts. alleys, passageways, easement.; itgl, -a, privileges and appurte-
<br />nanoxs rrCaled the�aaelrti or in anywise pertail Iftrtlto, add the rents. issues end profits, reverair�vru7d remainders dwreot, and
<br />such persiortal property that is attached to tfu iripmve' mnis, so as to constitute a fixture, including, but not limited to, heating and
<br />coolinge* n wit and togWw with the hom4 dmd or, -r Let interests, if any, which interests are hereby released:•aind waived; all
<br />of which, including replacemertts and additions t*oto, id:iht'raby declared to boa part of thereat estate secured Lin tf*!ien of this
<br />Deed of Trust and all of the foregoing being firmed to herein as the "Property".
<br />This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by a promissory note or Ct.Wti
<br />agreement dated �?�13Si having a mature +,j tin ►hGi`, 1j5/96
<br />in tM original principal amount of --wind any and air modificBSt; ,s, extensir•ins; ,.1 rerte"Is
<br />thereof or thereto and any and all future a0vaes and read,*vnces 1� i%:+rrOwer (or any of.tltem 11i" more thar..cref, !"ereo cfieir
<br />pursuant to one or more promissory :toles or credit agreemer.!s (herein ca;ied "Note "); (b) the payment of other s:4r.:.S,i d -vano6 $y.
<br />Lender to protect the security of the Note; (c) the performarce ' all covenants and agreer ents of Trustor set fort!: t�uctrain; and (d) all
<br />present and future indebtedness and obligations of Borrower (or any of them it more 3; air; one) to Lender whether direct, indirect,
<br />absi>fute or contingent and wher5ar arising by note, guaranty, overdraft or otherwise. The Note, this Deed of Trust and anyand all
<br />other docuents that so0ire the Note or otherwise executed in connection therewith, including without limitation guarantees, security
<br />agreements and assignments of losses and rents, shall be referred to herein as the "Loan Instruments ".
<br />Trustor covenants and agrees with Lender as follows:
<br />t. layrrtertl of indeblednap All indebtedness secured hereby shalt be paid when due.
<br />2:,;,Tft. Trustor is the owner of the Property, has the right and authority to convey the Property, and wasi'*" that the lien
<br />cr**W hereby is a first and prior lien on the Property, except for liens and encumbrances set forth by Tryafbj in writing and
<br />delivered to Lender b•lore execution of this MW of Trust, and the execution and delivery of this Ddrtd of Trust%�7ts not violate any
<br />. ' Contract or other obligation 10 which Trustor is subject ;
<br />3. Taxes, AsesserneMs. To pay before dalhrlquency all taxes, speciaivsssessments and all other chargeQ.niphl-st the Property
<br />i now or hereafter Wed.
<br />f • a IrAmramw. To keep the Property insured against damage by tire, hazaras incluohd within the term "exterrl;r; - coverage and
<br />such other hawds as Lender may require, in amounts and with companies acceptable to Lender naming Lender as an additional
<br />named Ineuned, wild Jose payable lo the Lender. in case of loss under striven policies, the Lender Is authora to adjust, eoflertand
<br />compromise, ail ciairtssttwounder and shall have the option of applying aft mr part of the insurance proceeds (i) to any indebaduess
<br />secured h•roby and'i'li ouch order as Lender may determine, (ii) to the Trui6 ;r to be user. for the repair or restorationfol the Property -
<br />or (W) for any other purpose or object satisfactory to Lendar without affecting the lion chlitis Deed of Trust for" full amount secured ,
<br />hereby tsetse such payment over took place. Any appiiestion of proceeas to indeblollais shall not extend or postpone the due `
<br />dent of any peyrnertb under the Note. or cure any default thereunder or ""rounder.
<br />S. 080 In. Uppt'w.iNm demand by Lender. Trustor shall pay to Lender, in such manner $0:y►[tr3ir may designate, sufficient
<br />suot601i WOW LwWw to pay air they become due one or more of the following: (i) all texas. assessi+rtente and other charg"against
<br />this Fidpi(rfy. (a) to pramilrm on Ow proWly In.-t,►wnrw 1wluirwd hereurtdoer, and
<br />stlj tie premleetiL as say rtsortgsya ir.;ur:sr;,a
<br />requiritlriby Lender.
<br />4• MsMtlsa !tee, AepaMe aver c. pNartore wive Laws. Trustor snail keep the Property In good condition and rapair; shelf
<br />prorrtpty repair, or replete any improvement which may be damaged or destroyed; shalt not commit or permit any waste or
<br />debrioraW of tt• Property; shall not remove, demolish or substantially after any of the improvements on the Property; shelf not
<br />COW4*11, suffer or psrrnit any act la be done in or upon the Property IN violation of any law, ordinance, or regulation; and snail pay and
<br />protttftMy diechsrgs at Trusbr s cost and expense all liens, encumbrances artd charges levied, imposed or assessed against the
<br />PrOpMty Gir any part tftereal.
<br />r.
<br />506" Dewiebs. Lender is hereby aaaigned all compensatia", awards, damages and other payments or relief (hereinafter
<br />"PrpCeeQa") in core a bw with condemnation or 091 it taking f the Pr �
<br />tart. Lender shalt be erthtied at its g openly or pari there " }. or !or crsnveyance in lieu o! tondemna-
<br />option to commence. appear in and prosecute in its own name any action or proceedings, and
<br />strati Woo be N* ftd 10 Make any compromise or ssttlonwi in connection Wth su0i taking or damage. in the event any portion of
<br />A% �iM•fiMr�sur,/�s,Ytf,IMJ*rat4'M _ _.
<br />d t�111f�InrleU' �Nfa++�cstr:rrttMt9l.c,pbwY.Mar, lmtot.•, NNrtyls
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