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<br />ACKNOWLEDGEMENT OF DEED OF TRUST
<br />'rFMTOR READ THI813EFORE SANINO:
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<br />Trustor undentanda that the document that Trustor Is about to execute is a Osed of Trust end not s morlpege and that the power
<br />0ead Trust substantially different rights and obl Igations to Trustor then a mortgage In the event
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<br />of sale provided for in the of provides
<br />of adefaull or breach of obligation under the Deed of Trust, Including, but not limited to. the Lender's right to have the Property sold
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<br />by the Trustee without any Judicial proceeding. Trustor represents and warrants that this acknowledgement was executed by
<br />Tnator before the execution of the Owed of Trust
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<br />Trustor
<br />DEED OF TRUST WITH FUTURE ADVANCES
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<br />T1ttS DEED OF TRUST. Is made as of the 4th wr o7 QreelMlr s9. by and among
<br />the Trustor. NAQIt J� As—mg. a single person .
<br />wtwae maiWg address is '�� ° signAntlpl I [3QAIM tSt AYn VR 68809 (herein "Trustor." whether one or morel.
<br />III PIQfiSIDENT of Five Points Bank, a Nebraska Coro.
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<br />theTrtcstae, MILLhwM MARSHALL
<br />whose mailing address Is 2015 N. BROADIIBLL, 61, NE. PO 8011 1507 _ (herein "Trustee'). and
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<br />the t3enWlciery, Five Points Bank
<br />whose mailing address Is P. D. en: 1387 Brand Llande . r –iRg7 (herein "Lender').
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<br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit Identified herein to MARY JAKE VAf110 –ALLE
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<br />(herein "Borrower', whether one or more) and t!+e trust herein created,
<br />the receipt of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys anti assigns to Trustee, IN
<br />Lender, a ^d sublectlo the farina and conditions hereinafter set
<br />j RiST• WITH POWrti OF SALE, for the f,anetii end security of under
<br />forth, the real property, described as follows:
<br />Lot Two (2), in Block One (1), Packer and Barr's Addition to the City of
<br />Grand) asland, Hall County, Nebraska.
<br />Together with all buildings. Improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurte-
<br />nances located thereon or in anywise pertaining thereto, and the rents. issues and profits, reversions and remainders thereof, and
<br />limited to 1'oa'Ing and
<br />such personal property that is attached to the Improvements so as to constitute a fixture, Including, but not
<br />cooling equipment; and together with the homes *ead or marital interests, If any, which interests are hereby released anC waived: all
<br />I nereto, is hereby declared to he a part of the real estate secured by the lien Of this
<br />of which, including replacements and additions
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<br />Deed of Trust and all of the foregoing being referred to herein as the "Property
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<br />This Deed of Trust shall secae (a) the payment of the p•Incipal sum and Interest evlcianced by a promissory note or credit
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<br />n..:_ haven a maturity date of!. -2M8
<br />egreemant dated g tY
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<br />in the original principal amount of fi WWII= , 000.00 and any and all modifications. w(lensions and renewals
<br />to Borrower (or any of them 1f mare than one) hereunder
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<br />thereof or thereto and any and all future advances and readvances
<br />or credit agreements (herein called "Note")*. (b, the payment of other sums advanced by
<br />pursuant to one or more promissory notes
<br />Lender to protect the security of the Note; (c) the performance of all covenants and agreements of Trustor set forth herein; and(d)all
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<br />present and future indebtedness and obligations of Borrower (or any of them if more than one) to Lender whether direct, indirecti
<br />absolute or contingent and whether arising by note, guaranty, overdraft r* otherwise The Note. this Deed of Trust and any and a1
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<br />other docuents that secure the Note or otherwise executed in connection therewith, Inc) uding without limitation guarantees. security
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<br />agreements and assignments of leases and rents, shall be referred to herein as the "Loan Instruments ".
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<br />Trustor covenants and agrees with Lender as follows:
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<br />1. Payment of Indebtedmesa. All indebtedness secured hereby shall be paid wher due.
<br />2. Title. Trustor Is the ovhn�er of the Property. has the right and authordy to convey the Property, and warrants that the Gen
<br />Property, for liens and encumbrances set torch by Trustor In willing and
<br />created hereby Is a l !st and prior Ilan on the except
<br />delivered to Lender Wore execution of this Deed of Trust• and the execution and delivery of this Deed of Trust does not violate any
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<br />contract or other obligation to wnich Trustor is subject.
<br />3. Texas, Aseeatmentf. 'D pay before delinquency all tares special assessment: an � a, cthPr charges agalcst Ire roperty
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<br />now or Hereafter levied.
<br />a Insurance. To keep Ine.e•aerty insured against oarnn;;:" r, lire. hazards Includ ec w.In'r the term "extended coverage ". and
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<br />such other hazards as Lender may require. in amounts and wn~ companies acceptatle t: i ender. non Ing Lender as n ^. nal
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<br />named Insured. W-!, Ines payable to the Lender In case of loss under suc' ce,,oes. the Lender Is autrc' zeC 1� ad us collect and
<br />of t "e In;urance F'cceres I". to any indebtedness
<br />compromise, all ciz I^s thereunder and shall t•ave the option of applying a,',-, : er•
<br />secured herebya ^d in such orderas Lender may determine. (11) to the Trustor to be usedfor t "e repair or restoration of the Property
<br />c ,' it for any other purpose or cb)ect satisfactory to Lender without affecting the lien of th,s Deed of Trust for the full amount secured
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<br />hereby before such payment Pver took place. Any application of proceeds to indebtedness shall not extend or postpone the due
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<br />. wf ��... ..e. ,nan,...nAO. rho Nnfn nr r,tro wnv rtafaLdl IhalwuhJPr of hereunder
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<br />5. Escrow. Upon written demand by Lender. Trustor shall pay to Le ^ce• ,- suc,. manner as Lender may designate, sufficient
<br />sums to enable Lender to pay as they become due one or more of the f0rio%& r a taxes, assessments and other charges against
<br />the Property. (iQ the piernrumt an the property Insurance required hereu-cP a^ • "e premiums on any mortgage Insurance
<br />required by Lender.
<br />6. Maintenance, Repaws and Compliance with Laws. Trustor Shaer veep lire °r•ce• y in good condition and repair. shall
<br />(promptly repair, or replace any Improvement which may be damaged e3r destrr.�jed. shall not commit or permit any waste or
<br />cserer oraeon of fie Property, shall not remove, demolish or substant-ally alter any of the Improvements on the Property. shall not
<br />Commit suffer or permit any act to be done In or upon the Property In vte'aGon of any law, ordinance. or regulation. and shall pay and
<br />promptly discharge at Truster's cost and expense all liens, encumbrances and c har,3es levied. Imposed or asse55ed against the
<br />luroperly or any part thereof
<br />7. Eminent Domain. Lender Is hereby assigned all compensation, awards. damages and other payments or relief (hereinafter
<br />"Proceeds ") In connection with condemnation or other taking of the Property or part thereof, or for conveyance In lieu of condemna-
<br />tion- Lender shall be entitled at Its option to commence. appear In and prosecute In Its own name any action or proceedings. and
<br />shall also be entitled to make any compromise or settlement in connection with such taking or damage In the event any portion of
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