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<br /> �� ACKi�lOM1LED�EMENT OF GB60 OF TRUBT
<br /> TMIBYOFi READ T1N8�EFORS 810NNKi: 93� �(��l�1
<br /> -- -_-_ - Tif�MOr u�d�MMbs Iw1tllNdooummt fluit Trwbr I��boul b�aua H��!ot Tiuq�nd no!�mMlpp��nd thaA 1M powM -
<br /> M�sb la In tl�tlNd d Trw1 p►ovidw�ubtbmW�11Y diM�t rlpAt�md oblip�tlom to Trwlor tlian�moAp�p�In OIN wwN
<br /> - - of� uri or bn+�ob ol obllp�don and�►M�OMd o1 Trud,lncludl�p,but not Ilmii�d to,th�L�ndtr's�ipM b hsw th�P►op�ry�otd
<br /> � by Ih�T►uqw witlwut any wdlclal proeNdinp.Tivata r�prwrnp�nd wunma th�t thl�M�!w�u�waW�d b�r
<br /> ---�-_- -.- --- _ _�, T1ruMw bNora 11��outlon W q�t�d ol Tiwt �
<br /> - - -=_,- - -- � ru�tor �
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<br /> — DEHD OF TRUBT WITH FUTURE ADVANCES :�a
<br /> - — T►113 DEED OF TRUST,ts mad�a of th�..a��aay W �eceid�er .1pr�2 M uidi�nwrp
<br /> ' IfM rrwtor..�oneld C. Krauss,8nd Yede M Kreu�s�FYuabencE ar�,�tife .
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<br /> � rrlwse m.uk�p a�ikear�s .1�1'�:i s ��F��O Ru,...Q�.+�,��11) {��t ui(a8�2 �e►n"'�vussor.'wnwM►on.or nao.e?
<br /> `�/� �.!F.<<''-- +�he Trustee. .�ef �s-..� . ,
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<br /> li�An a'i 1 '�r � -.
<br />���;,��w��[ ;'�,� '�.',�fi;v '�"'si�:'° whose malllnp addreec la P 0 BOX 367„ �,HUHA Nk b8N18 lherein'T�ustee"►,aMi
<br /> i��'tAi��74;45�i��,�v ��C��' ��fi�
<br /> �"�`"�,� `'` IheBeneilCiary. First National Bank of Marauette ,
<br /> �'�.��r'�, �+� . -
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<br /> "'"��'�r�j(r�'���?, � whorie maHing Addresa Is , P 0 BOX 38`MAROU�TTE IVE 68854-0�39 _�herein"Lende�"). __
<br /> u�v�ax�sd[� �
<br /> ^�M�•�•�°w� Ronald C. Krauss _
<br />,;;,;;,� ` FOR VALUAOLE CON9IDERATION,InCludlnp�ender'a exten�lon ot credit IdeMUied herel�to R
<br />, � ��
<br /> �!!`' end Vede M Krat�68 - (hereln •'8orrower",whether one or mora)and the Uust hereln oreated,
<br />� ''`� the receipt of whlCh It hereby�akoowledped, Trustor hereby Irrevoaebty qrante,iranefers,conveya and aselpns lo Truetee,IN ___
<br /> � THU8T,WITH POWER OF 8ALE,tor the benem aod aeourity o1 Lendw,under and aub�eat to the terms ana condlUons hareln�frer�at =
<br /> Iorlh,tha ral prop�rry,dssoribed aa lollows;
<br /> � � West One-Third (1/3) of Lot Three (3) end eil of Lot Four (4�� Blc,ck E1ghLy-One (8t)�
<br />~ � � � ;•�;��`��.� Ori inel Town of arand Island� �ow City of Grend island� Hell County. Nebre.ke -
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<br /> �- �.`. Ttrpelhe►wlth ell butlrfings,improvemenb,Ilzwre�,ftrNq,ailey�.passepew�y�,euemenb.►Iynts,prlvitepe��nd�ppurte• -
<br /> . ��. =^ ,;� .'°�., nanus loc�tad th�rwn or In anywise pertalnfn�Iheroto.and tlw ronta.iaue�end prola�,reveraions and remaindors thereot.and i,
<br /> ��r . Y suoh p�nonal propnry thal ls ariaelNd to the improvsment�so�s to aanaUtute a lixture,Ineludinq,but not limited to,heaUny�nd
<br /> '� �.y�..:�',; . �Y aoollny equlpment;�nd topelher w�th Ihe homestead or mariwl Interests,if ony,wh�ch Interest�are horehy relea�ed and waived;all _
<br /> "'�� cl whloh,inaludina replacemant�and Addltions Ihereto,Is he►eby dealared to be a part ol the real eaW1e seaurad by the Ilen of thlp �`
<br />� �" �: � Deod o1 Tru�t and�II of the lorepolr►p befnp referred ro heroln a4 the "Propeny". '
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<br /> 3� �+_ � r Thl�Oeed ot Tru�t�hall seaure(a)the payment ul Ihe principal sum and Intereat ovidenced by e promiasory nota Or aredit =�
<br /> =�'� ��' �,q�x ''�;;�-;•• ayreemenl dated December 30. 1992 _,hAVmy a matunty date ol December 30. 2002 , �
<br />..` ri� l , •y .. !_.
<br /> • �4�'t. `=
<br />,,;j „ '� � fn 1he oripinal prinolpal emount of$ 114 900.00 ,and any and ol!madi0cations, extenslons and renewals u..
<br />'�`• La y thereol or Ihereto and eny and all future advances and readvances to 8orrower (or any of t�em If more then one)hereunder �
<br />.�;�.i. !.. : :�aF�;. _
<br />,,,;�„ punuent to one or more promissory c►otea or credit ag�eemente(heret n catled"Note");(b)the payment oi other aums advenced by �
<br />-:�;� 4.N jj, Lender to proteCt the security ol the Note;(c)the perlormance ol au covenams and aflreemente ot Trustor set forth herein;and(d)all _
<br /> - ;`=•v p�esent and future indebtedneas and obligat�ons of Borrower(or any o1 them N more Ihan ono)to Lender whether direct,Indirect, �_
<br /> �. � .-`,",f� ,��S absolute or CoMinpenl end whether arlsmg by note,guaranty,overdraH or otherwlse.The Note,Ihis Deed of Trust and eny and all •
<br /> �" ��• ,�i;� � ' othe�docuentathetsecure the Note or ofherwise exocuted In Connectlon therewith,inc,uding wfthout IimitatlOn quaranteaa,wcudty �y-?
<br />- ' �t.;:•`:�'���,,{ eemenb end a�si menta of leases and rents.shall be ret6rred to horeln as Ihe°Loan Instrumenq". �
<br /> �" ;;a,.,.,,.,.:,:if,.f . � �
<br />,,,,.,� ', •• .•�•r;i,,��' Ttuator covenants end agreas with Lender es IoHOws: e�
<br />-� �, - "`' 1. P�JrnNnt o11nd�M�dneu.A�I Indebtedness securetl hereby sha0 be paid when due. �
<br /> -°-�—..K,:.�,,; : �---"='. Y 2. TUiY.Twytoi is thn uw+ro� uf tl�n Pruparty,has the �Iyht and authonty to convcy thc 1'roporiy�,and vr�rrant;that ihc Ucn _
<br /> ;-;•� •:;�:,i`r.�, . r. ;,,a created hereby fs a first and prior den o��the Property,excepl for��ena and encumbrances aet torlh by Tru9tor in wrltiny and _
<br /> , �, ;;� deNvered to Lender be}ore execution af thls Deed ol"��ust,and che executio�end deNvery of this Deed of Trust does not violate any _
<br /> • ,:;; contract or other obGyation to whlch Truator Is subject -
<br /> ��;'_'.•'F:,_•.,... '', •=�: 3. T�rM,Ass�nNnti,To pay Getoro dalinquoncy a��taxos. special assessment3 and all o�her charfles aya�nst t�e Property �
<br /> •• ,. "'o.. :�� now or hereafter levied. ..
<br /> �;.' �
<br /> } . ., �, 4. (IqYtaflCt.To ke6p the Proporty�nsured agamst ddmti'�e by hrEt,hazartls�nriudnd wAhm I�e tdrfn"extended coveraQe��.80d �r'
<br /> .,;.�� ,. �, ._, . ,.:s,� ouc�ether hasards a�lender msy require,�n amounte and w�th camparnea acceptable ta Lender,naminp Lentler as an eddlhonal
<br /> ,��� ".�: .,•.:�, "�• nuned Imured,wlth lOS!Wyabb t0 the Lender.In ca�e of lOSS under such policies.tAe Lender Is authorlied to ed�u�t,collect and _
<br /> � � � . � campromf�e,all clalma tAereunder end sha11 have the opaon of�pplpng au or part of the�nsurance proceecla(U to any fndebtodnesa �
<br /> • �'• � '�• :��►4 seoured heroby and in suCh ordet as Lender moy determine.pi)to the Truator to be used lor the repair or reetoratlon of the Property =
<br /> ,,. ..
<br />;°.�' , ' .;:�tiit• or�iii)for any olhar purpose or oDJect sebslacbry to Lentlar wrthout eHACUng Ihe hen of Ih�s Ooed ol Truat for the lull amount�ecured _
<br />.- liereby bebre euch paymeni ever took place.Any app��ceUOn ol proceeda ro fndebtedness fhaU not extond a postponv the duo
<br /> ,���:' • � -+��� Wte ot any paymenta under the Note,or cure any d$fauU lhereunder or hereunder. _
<br /> -_n'=� � �����' S. �erow.Upon wrftten demand by Lender,7rustor ahali pay lo lender,�n=uoh manner as Lender may deslqnate,suNfclent _
<br /> _�u����a�.•....�..�+u.�..w�......�.�w.....n�n•.n•..�M�ti�fnllnunM•/l All f8Y6S 8ltA!lfR6flCt 811fI O��Ibf CIIdf08S 8dalflst
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<br /> ��•��.--..— .. _ . _ . .- bY111i W tlI1rVNVO�NV��v ruy�o��w>wvv...vv�r�r..�.v...._....�.�....�..�.. � ..� -
<br /> �' .. �' +� the Properry.pq the premlums on the property incurance reqwred hereunder, and��ii)tne premiums on any mortqaqe�nsurence =
<br /> " � � ' ►oquired by lender.
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