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<br /> -"�"� ACKNOWI.EDGEMENT OF OBEa OF TRUBT
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<br /> �:,'.,.,-� - TRUBTC!q REAO TH18 BEFORB SIONINO: �' -
<br /> ��+ Tnutor undast�nds Ihat dw docunNnt thst Trurior Is�bout to�x�aub I��pNd of Tru�1�nd nal a mortpep��ndthd thapow�r �______
<br /> '" of aal�provW�d lo►In th�O�ed ot Trud providu eubri�np�lly diMerenl�Iphq and obllp�tiom W Truttor Ihan�mortp�p��tM�v�nt _
<br /> ' of a dshult or brqah of oblip�don u�d�r th�D�f o1 T►u�t,inaludinp,but not Ilmlt�d to,th�L�nd�r's rlpM to lu�w tM Prop�Ay iotd -.-.
<br /> — br th�TrostM without any Judlald procNdlnp.Tru�tor npr�senu and w�rnnt�th�t thl��aknowl�dpsmem wu �x�aut�d by d•,7y_��---__
<br /> '`�:..�:#"� T►uqa pKon qn��x�autlon M tM OMd ol T�w� Lewia Greenscepe. Inc. : _-
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<br /> .._._,� � ��:.; f Ronald L. Devis, Tn,�ar Secretaryl �, � ''�•�;r;�r��;:
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<br /> --- — �°"="^�"="'�"�� DEED 0�TRUST 111�iTH FUTURE ADVANCES "'''�� ��- - -
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<br /> — ,,.' TNIS OEEp OF TRUST.a m�da aa ot me..2�th_aar ot December .19 90 oy�rd omony �'"""„�--=�
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<br /> ..��•'•%`-���:���` tt�eTruator, �e�►is Greenscaoe Inc a Piebraska Corc�oration -. ---°—
<br /> ^ -�- � �''�, - °:t R4° �' B_gY 119. Grand Island_NE 68801 (h�rein"Trustor:'whether one or more�. �i
<br /> �t: i�(',yt whose mailinp addresa ia •--.--_.
<br /> , �`''''�'''t�' Pre id�nt � Chairman of Fiv� Points Bank. a NE Corp. '�"'� �
<br /> ��. jr� �il,". � �u:�e- �� A �L a l'.3..-a..=�,
<br /> " .i� ► ' ?��?�'sr. � r T�ustYO. ..�.raa� i. �arsi►all� �, �w,��._a_c-.
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<br /> �`•::..t�f � • �S� • P � Box 15�7 Grand Island. NE 68802-1507 __ �herein"Tnateo").and tt
<br /> ;;���4,�,�1•. e5�.�'�'',��. �• whoae mailinp aCaed�oss is —` --�--
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<br />' s1j;t'� '�+<;;� : the eeneliciary. Five Pnints Bank , • -� ��;� -
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<br /> � �;ti!`� �"'` whose maf8np address it��0. Box 507. Gran�1_�aland NE 68802-1507 (here�n"r_endar'�. '�g� '-�:
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<br /> �«��"�i�:�- -, ROR VALUABIE CON3IDERATION,includinp Lender'a extension o}credit ide�dtled herein tu J.P"'iQ G reenscAOe, _ �.;���.,,.,y;�,_:
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<br /> � . �r� ��G (hereln"Borrower",whether one or more)and the irust hereln created, �''�`��•''--
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<br /> ;�,�,���t th•e receipt of which is hereby acknowledped,Trusror hereby irrevocably�rents,transiera,conveys and aselgns to T�uatee,IN � ,����-
<br /> •. �•��j1y_ ,��;,, : TFiUS7,WITH POWER OF SALE.Mr the benefit end aecurity ot�ender,under end oub�ect ro the terms end condlUone�+�reinafter aot ��r t _�
<br /> = io►tn,tiu real pruyeRy,dsscnbed as!olla�::.: , ', ��r ��
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<br /> ,;..:4; . ��. .. Lot ��o� q1) �Greenscape. I�oc� S�edx¢livisio�, Hall Cownty. Nebraska. �. ,.,,, ;• �,.
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<br />.. - .� �� , .� K':�.`•icui.tl'h=_ —--
<br /> � �� Tp elhar wi.h all bulldin s,Improvements,llxtures,streets,alle s,pessageways,easements,rI hts,prlvll es ar.d a urte- :�������4����
<br /> a � Q y 9 e9 PP 4'3'�..�."�.::�r
<br /> `�`-� nences boated Ihereon or In enywise pertelning thereto,and the rents,lesues end profits,reverslons and remeindera the�eof,and
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<br /> � ' •� auch personel property that Is atteched to the Improvements so as to conatltute a flxture,Includinp,but not Ilmlted tn,heaUnp and `�,;�.:�::,�.:.--
<br /> • • " ' ' cooling equlpmenk and togethe�wtth the homestead or merltel Intereats,II any,which iMSrests are hereby released and walved;all . ., �;� :
<br /> � :�r{,���� � �"•,,.` of which,Including replecementa and addlllo�a thereto,la hereby declared to be a pert of the reel estete secured by the lien of thla ;�":�
<br /> • �, Deed of Trusl and all ot the foreyoiny belnq reterred to hereln as the"Property". ;� '�_Y,
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<br /> • i.... , . • This deed of T►ust shall secure(a)the payment ot the princfpal sum end fnterest evldenced by a promlasory note or credlt L...�.. s:�:
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<br /> :�' � " � ��iromhpr Zg 1990 ,hevinp a malurlty date ot �anuer'Y 'I, 2005 , ��`'��--
<br /> ',,;. ' ° e . a�reement doted ,°'� •Y•-
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<br /> • � • ;c'• 7 000 00 ,end an and all modlfiCaUons,extensfon9�nnd �enewals {"'��� ' -
<br /> : t�;f.. ;,'. �� In Ihe orlpinal prfnclpal amount of$�3.. Y :;��;•,,,,, �. ,
<br /> '!r'fti'•`- •;•-�-� theteof or thereto and �nv ana alf future advances and reA9vances to Borrower(or any o1 them N more than one)hereunder t.�•• ;, . ,
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<br /> �.: ,,,�?;.��� purauant to one or more�•lomissory notes or credlt agreements(herein called"Note"►;{b)1he payment ol other sums advanced by 7�; �; :;� ..--.
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<br /> Lender to protect the securlty of the Note;(c►1he pe►lormance of all covenants and agreements ot TrusZOr set lonh hereln;and(d►all ( }��?'� � � nt�
<br /> . �;�;��:� present and luture Indebtedness and obNgat�ons o1 Borrower(or any o1 lhem If more than ong)to Lender whethor direct,indirect, r ���`�, •,��'; I'' ,.'��t;.v
<br /> � " ";;;' ebsoluteor conUngent end whether arlsing Q�y not�,gu�ranry,overdrafl or otherwise.The Note.thls Deed of Trusta�da�y end all ���,.�>>•;•• ,�l�f�i,�:
<br /> '' ''"' ' ' I,. otf�er docuents that aecure the Nate or otherwlse axecu4ed ln connectlon lherewlth,Including without IimNatlon yuarar+tees,eecuriy �`',��;h�;t�a;'__--=_
<br /> � �',',,:.�. __t:,: —
<br /> � � :•;,�� a�Teements and asslgnments of leases and rems,aAaU Ge r�lerred to herein as the"�oan Inatrumente". �;=';�:.,;�,..;.;;.=, __
<br /> `'�''� � �� '� xruator oovenaMS and agrees wlth Lend�e�as follows: t"' ''<��'`••� �.,�;•
<br /> �• � {i ��- �. Psym�nf ol Indtbt�dn�s�.All Indebteclnesa secured hereby shal'bQ pa�d wher,due. �r��`.�.�'. �•." • • -
<br /> , • �v�y •.��_
<br /> �'�' 2. Titl�.prustar is the owner of the Profoerty.has the right and a.:^�oriry to convey the Property.and warrants that the Ilen
<br /> • ' ereated heret��� �s a ffrat and prlor Ilen on lhe Property,except for I�ens a�tf ercumbrances set forth by Trustor �n writing and
<br /> ' ' ,� . dellvefed to L6r,'dar be}ore eKecutlon of thls Deed ol Trust and the exeCUUOn and del�vzcy ol this Deed of Trust does notv�olete any �
<br /> • " COnfreCt or Other :511getlon t� wh,Ch Trustor fs subjeCt �
<br /> � • 3. TaxN.Afan�m�nb.Tc pay belore dellnquency all taxes,spec�al assesaments and all other charqes aga�ns?Lae Prope�ty
<br /> • :�''•;� � • . :;.;�. now or hereafter�evied. �
<br /> ,:,;;.. ;:�;,,.. 4. Inwa�ce.7o keep the Prope�ty�nsu�ed agamst damage by Ive,haia�ds included with�n the te�*^•'eKt,er,��ec!caverage".a�c� �;
<br /> �';� such other haz�nds as lender may reqwre.��amounts and w�th compames acceptabie to Lender,naT,^3.�+r.t1�►as 2n addltlonac !
<br /> � � � named Insured,wlth loss payable to the Lender.In case of loss under such pol�aes the l.ender is aut'^���zetl lo atl��;sl cvllect anA ' •, •,, . ����� ::
<br /> � ca:�prom�se,all clafms thereunder and shall have the opt�on at appiy�ng au or part•�f tr� rsurance proceeds(1)lo any�au�btedness .`�: : �� %��•:.«'
<br /> ' secured hereby and in sucn order as Lender may determme.p�l to the Trustor to be used`o�the repa�r or reatorat�on otC�Property ,yti•,:' .';;, �.,r�.
<br /> , �, or(ii�)for any other purpose ar ob�ect satcstactory to Lender wdhout aNechng the t�en of tn�s Deed ot Trust for the lull amount secured � � � 's'��
<br /> i hereby betWe such paymenl ever took p�ace Any applfcabon of proceeds ta indebtedness shaU not e�tend or postpone the due � • �f�,c�'�
<br /> • daW of any payments un�ser the Note.or cure any default thereunder o�nereunder. , � f�',;.
<br /> � � a..+.a.r �lnnn Wnteen demand bv Lender.Trust�r shall pey to Lentler,in such manner as lender may des�gnate,suH�aent ! ' ' �
<br /> � sums to enable Lender tn pay as they become due one or more ot the tollowing:�q a11 taxes,assessments and otRer cnarqes ayamse
<br /> � dTe Property.(f1)the prunwms on the property insurance reqwred hereunder,and�m)the premfums on any mortgape mwrance
<br /> , � rpqulred by Lender.
<br /> � � 8. MafnMn�nC�. R�paHs and Cow�1111��c�wlth Law�. Trustor shall keep the Property�n yood contlition and repair, sh�ll
<br /> , promptly �epair, or replace any�mprovement whlch may be damaged or deslroyed: shali not commit or perm�t any wasee or ,
<br /> deterioration ol the Property;sha�l nat ramove.demoush or aubatentfally elter any ol the�mprovements on ihe Pro�eny.�hatl not
<br /> commft,sufter or permif anp act M be done in or upon the PropeAy m v�o�abon of any law,ordinance,or regulat�on.and shail pay and
<br /> .� • � promptly diacharge at Trusior'�cozt ond expense all I�ens.encumbrancea and charyes lev�ed,imposed or assesaed aqainst the
<br /> , . � Properly or eny paA thereof.
<br /> 7. EmMlnt Oomad�.Lender ia hereby ass�pned all compensation,awarda,damayea and other paymeMS or relietlhereinefter
<br /> � "Prxeeda'1 In cOnneClfon with condemnat�on or other tak�ny of the Property or pa�t thereof,or lor conveyance m lieu ol condemna-
<br /> � tlon.Lender shell be enlltled at fts opuon to commence,appear in and prosecute m ita own�eme any action or proceedfnps.end
<br /> � shall aHo be BnUtled to make any compromise or setllemeM�n connecfion w►th such tekfnp or dameqe.In Ihe event any portlon of
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