1 � �
<br /> ACKNOWLEDOEMEAIT�F pEEO OF TRUST � �9�...,,, �O Q���
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<br /> �OIIROWEIIS 11lAD T!!1!�Ei011!S�aNINO:
<br /> darrow�r�(Trwtoq)undertl�nd Ihatih�docum�nl lhtl lh�Bo�row�r��re�Ooul to�R�cut�b�ONdot Tru�1 and Rota mortp�y��nd th�l the povwr o1 ul�p�ovlded
<br /> fo�In IM O�td n�t�ust r►ov�dee aub�tenttQlly ditl�re�1 rlpMe er,d ohtlp�UOne to th�Hornw�r�tn■n�mudqaqa�a�t�:av:�d af a datault c+r br:eh ot o�ligaflon undrr Ihe
<br /> /' Oeed a/T�u».Irtcludin9,bu1 not Ilmitec!to,tha leade.'e rtqht to heve�he Reel Prope+ty eold by Iha trustes wllhoul eny�ud:elal praeNding af lo��clowt�.Borrow�r�
<br /> ; ��nt N+d warrant that 1h1��cNnowNdp�ma�was ex�cut�d Gy tMm balon IM u��cuUon ot th�Qesd af True1.
<br /> �(i �� f`��� I�J� �'tLeSz_
<br /> ;�:�t C � A. L&il �dorrovwr .-
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<br /> Jo r.a a u eo►�ow.�
<br /> ! PREFACE TO DEED OF TRUST
<br /> COMM.ET!IhN Pallon ONl1f M IM nN prape�yr dNC�16�0 ece�Nb o11ND1V1DUALL110MINE0 AG111CU11U11AL LAND.
<br /> 11 qpNeahlt,�ompMM ONL�ONE NIMr A,�.a C:
<br /> O A- OIiCLA1ME11 OF 111pHt TO OESIGNATE HOMElTEAO: .
<br /> TM 8orrow�r(�)�cknowtedpe thal they are ahaut toexecutethe tollowing peed ol Truat upor,ths�eal�state describ�d thenin.TM BonoYwrl�1.�nd each o11Mm if
<br /> more Ih�n oM.do h�rtDy difctaim th�lr�i9ht to�si0���a a homaetead pursuaM thereto.No p�N o1 tM homeatRad of e1tMr of th�Bor�ovrerls)i�Dr�ntty or wlll ln 1M
<br /> lutun b�iituatW upon�ald re�l e�tate.Ths 8orrower(a)understand Ih�t�I etther eate0ttehee a homestead on any pa►1 ot sald real ast�ts Cu�iny t��Nm�Ih�DNd ot Trusl
<br /> nmains un�at{s1i�M�nd�lten upo��aid real estate,Ihere shall be no�igh1 fo m�ke e des�gn�tion o1 homeatea4 in1Ae evenl 01�toreclosur�or t�uttas'�aalawlt�rMM�c�to
<br /> atd De�d o1 T�u�t�
<br /> � B. 1NAIYER OF RIpHT TO DE310NATE HOMESTEAO:
<br /> ' Th�Borrower(s)scknowlWpe lh�t they are ebout to eaeeuto the lotlowmg Daed of Trust uDOn the real estatedesc��bed there+n The Borrower(a),e�d eaeh ol Ihem if
<br /> . mor�ih�n one,tlo h�nby w�iv�Me1r rlqnl to desipnate e homeateaa pursuant thereto.The 8orrowerls)underola�d t�at Ihey hsve tns rtgnt lo make a dasip�ation of
<br /> homeate�d and th�t 0y ex�eutl�p th��waiver,they are wa�v�nq r�ghte otherw�se availabte lor the purpose o!a1lo�ding them the opDOrtunity to retaln the�r�om��tesd in the
<br /> ewnt of a Oet�uN upon ths Os�d oi Trust.
<br /> ; O C. DESIONATIQN Oi NOMElTlAO:
<br /> � Pu�swnt to tM farm Home�tead Proteetio�Act(Section 78•1901 et seq.Revised Statutes o1 the State of Nebraaka),the 8crrower(a),Ao hereby d�sipnats lM real
<br /> , propsrty deuHbW��tM"Oesiqn�tlon of Homeatead"attached hereto anA�ncorponted herem by th�s reterr�ce
<br /> � ' 8orrowe� '
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<br />` � ' Horrower � -`"-_
<br /> � OEED OF TRUST WITH FUTURE AOVANCES PROYISION
<br /> , THiS OEED OF TqUST.�s made as ol tne .7_�i.Ybay o1 __D�C�II1r�.Y'�9�_.by and among tne Trueto�. ��:i��he 11 D. �U -�
<br /> � and Jona S. Lau,__ husband_and__wifc_.. _ K„o�e�a,,,�oa,,a•eg4„ Rt.._�1 Box ']�B, Doni. hp an; . -
<br /> ; lebras}C2 b�i��2�here�n'eorrowei�l.tneT�us�ee. �an� af' Uoninlian � •�,
<br /> wnosemailingsEdreaa�s _.P.�(uL�._����r12.t1,t�:'�._..�]d_`i�__�____� Ine�e�n°Truscee°).
<br /> .�a+�.ee��+c+,�. Bank of �oniohan.----.-_-- -.—.-- --- ��---
<br /> ,• P.O. Box B Doni:�han 'yF ���32
<br /> � whosem�ilingaddresa�! -----•----L.----- — --!---. ---------- - (herem"Lender'7
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<br /> � FOR VAIUABLE CONSIDEpAT10N,mclud��g tne mdebtedness�denUf�ea here��and trust nere�n ueated.the rece�D101 whicn�s t+ereby acMnowtedged.Borrower
<br /> i hsreDy ir�evOCabty grant�.transier�,tonvey9 and as��gn710 Trustee.IN TRUST.WITH POWER Q�SALE.�or Ihe benelit and seCUnty ot lende�.underand subiecl to the
<br /> ; terma,and eonditions hereinsiler set forth,the real proDerly,descnbed as 1o0ows
<br /> Lot OnA (1 ), Hawk•s tiest Subdivision, liall County, 'uebraska ,:�'=�
<br /> . �
<br /> . Topether weth all buildinga,improvements.t��luros.streets.a�tay�,passageways.easements.�+ghts.priviieges and appurtenanees located thereon or in enywise
<br /> pert�lnin�thereto.�n0 the rentl.issue�end Orolas.rCVer�ion9 and remainCers thereol:in�luding.Dut nol limited fo,heating and cootmg equipment and suCh petsonal
<br /> • properlythatisattachedtothe�mproremenlsaoastoconstituteat�xture.anOtogetherwHhthehomesteadormar�tal�nte►ests.ilany.wh�chinlerestsarehoreby►eteased
<br /> anC walveA:all ol whlch,inetudtng replacement�and addR�one Ihereto.�e nereDy CeclareA to be a part ol the rea�eatate secured by the i�en ot this Oeed ot Trust end s�l of the
<br /> IOreppind bt{ny hUned to herein as fhe"prope�ty"
<br /> � Tnb OeM ot Trust snatl seeure(a)the payment o�tne v���c+pa�sum anC�r.terest evidenced by Borrower's note anaior cred�t agreement Gated D@ C 81T1�2 T'
<br /> 7� �-���__._—,havi�g a maturdy date ol����Il'1�eY'_.b,/..;_ -!-.Z 7��►Hhe o��g��a�pnncipal amooM o�S������•�`�and any end all
<br /> modlHCationa.axtena�one and renewsistnereol or thereto and any and an lutwe•advar.ces and readv�nces��ereunder pursuam�o o�e or more prom�sso�y nole�or cred�t
<br /> ayreements(hereincalted°Note"�:(b)thepnymemofothersumsadvancedbyLendertoprolecllhesecurdyoltheNote.(elthepertormanceancovenam�andagreement __— ___--
<br /> •'•ol8orrowsr sel torth heroin:and(d)atl�ndebtodnees and obi�gaUOns o�Bo�rower to Lender whether duect.maueci.absoiute or eonGngent and whetner ansing by note. �Y �
<br /> � yuannty,overdnff br otherwisP. ,
<br /> v^ 8orrower,to profect Ihe seeurity ot Ihis Deed oi Trust,covenanU and agrees with Lende�as�onowa �
<br /> • t P�ynknlolRMetpd�nAtnUhsl.Borrowershaup�ompfiypaywhenduethev���c�paiotand�ntereston,anda�y�eesorchargesD�ovidedin,IheNoteormth�s �
<br /> '� ' Deed o1 Trusl- '
<br /> j .
<br /> 2 THM.Borrowari�lheownerollhePrope�ty.haether�ghtandauthoritytoconveythePioperty.andwarrantsfhatthel�e�weatedhereby�sal+rstandpno►I�enon
<br /> ; the Properly.exeepl+s may olherwise be set fartb he�ein,and the execut�on and Cel�very ot thie Oeetl ot Trus�does not v�oiate any conlracl or otner obugat�on to wh�eh �
<br /> � 8orrower is sub)(Ct
<br /> 3. T��t��,�s��np.To pay wAen due at1 iase�.spec�ai assessmente and al!olher charges agamst Ihe Property and.upon wr�tten demand by ter�der,to pay to
<br /> L�nC�r�ueh�mouM�s may b�tulNCitnt to�nabt�Ihs Lend�r to p�y wch lax�s,a���lfm�nt!Or Oth1r Ch�rpol�f fh�y paCOrtt�du�.
<br /> 1 fnwnne�,To keep tne Property Insu�ed againet tlamege by���e.hezard�Inetuded wlth�n the term��e■tenae0 eoverepe".end such other naie�ds ae Lsnder may n
<br /> r�QuU�,in�mounts�nd wun cor++p�mq�eeepae�s to�enaer.�r•e w�m io�s psyabte�o�ne�ende► in e��e o��off unee�euen peuae�.�ne Lender�s su�nenieq ro�e�uf�. �
<br /> eoirtc�ene comprom�se,elt elaimm thorCUndor a nd shalt havo thv option of epplying aU or Dart ot the�nsurar�co proceeUe p)Ib ar,y indebtedneee sewred hereby end in such
<br />. order e9 Lender msy Qete�mine.1�0 tb the Borrowpr to bo used for Iho reDan o�rqstoration ot the PropArty o�(m)10�eny pthe�Dv�p09e o�ob�ecl 9aUS�ac�o�y to lendpr
<br /> wilhoul af/ecNrty Ih0��0�o�1hiS Oeed of Tru�t for the full amount securod horeby betore such payment evar took pinco Any npD������on of proceeds io�nde0tednese shn�� �•'
<br /> not extend or posfpone thp due dattl ot eny payments under Iho Note.oi ture any dolDUlt lhoreuntlor or hareunder r.. ..
<br /> S M�In9�eane�R�patr�sn0 Comp�I�ne�w1tA l�we. 8o�rowe�snnii keeP IhQ ProDCrly �n gooA condd�on ane tpD;t�r,Sh011 arOmplly.�pan or rep�acr a�v
<br /> improvemeM whtth mey De d0magee or dcetroyod 9hat1 n01 tomred a�pe�mA Ony wa5te oi detOnor ipo�ol Ihe Vropt��ty s��an not r�movr (1CP7bIiSf�bI 9Ub3l.lnl�dlly 1111M
<br />; Sny0lfhlf�mprOV(�mOnt��nl�CProPB�ty.9hoIInOltOmm�L5ulferorDeimdBnynCltoheAone�no�uponthahropeily�nv�plpV�pnnl�nylnwO�tl�nincf+ rnrpO„trhpn inA
<br /> shallpaysntlD�ompUytlisthargonlBo�rowor�coslandoap¢nseaill�ong.e�cumb�en��sendcharges�rv�ed �mpb4CAor�tcrSSOA�q:���stlhoPrnprrt�nranyparllhrrrnl
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