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<br /> y,�'`��� ' ACKNOWLBDQEMHNT OF 06QD OF TRUBT : � -
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<br /> i�a�:�`�,, TRUSTOR RFAD TN18 BBFOR�81QNING: `rn sj �; ��p�-�
<br /> ' ��'��4, , 0 Ofld 11181 tlM �'1{i <'} H ^.`d�� �
<br /> '.�..,�;�. Fi±�;;� Tiu�Eo►u�d�ndslhnl ths dooumene th�t TnaW►1�ebout b sxeoute is a Deed of Tiust end�at a moA�nQ Po�' �
<br /> �;t; �, �.,,� �� �p�q�p pp�o}�p�ps wbat�ndally dMterent Nphts and obtlpallons to Truator than a moRp�ps in ths event �,-s�c¢�..,g°�s��;
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<br /> t ti�o'��j���.> ��' 01! 1!0►bfQ�Oh 010W tlon under the Oeed of Ttusf.Moludinp,but not Ilmited to,the 1.endePs dpht to have the Propsrty eotd �, ��/�� 5. n t 8R�' .
<br /> J,..,.�^�:,,�� ; by q1i T�wtes withou!any�udlolal proossdinp.Truefor represeMs eng�arrants that lhia aok�owledpement was exeouted by �t',���;��� � � �,.;,, 4
<br /> _���#'.�'..'_'t�� TUUSEO►blt0►O Ihe ex9oudOn M the Oeed Of Ttust. ' � ���r ., � ' '`
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<br /> � h �.R?�.�4� �fi�nd 1��� f,�, ) . '1'1•
<br /> .� . . , Tim�y �. Joht�s uetor ;.:� •"'.,,,�„-,
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<br /> 1Celleen DA, Jalutsa Trustcr WSPe • ;�'� ,��,���y4�< , ���;?r�.
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<br /> ' � 9���OR TRUBT WITM�UTtlRE ADMANC�B -- �.
<br /> • �' �`" 0larch► .i9 9� by and among �`,;; - '�:t,�,;,
<br /> ��� ��' TNiS O�IED OF TflUST.is�8de�8 Of!he_9_�!_.day at--
<br />`�•y"�:,��:,�,:t, .,� ore huebseRd a�nd wife, each in Ais own right a�nd ";�`' , ' • �•
<br /> �t '',''�'� �� Timolhy N. Johneott & Kare� M, Johne . : ',.. • ...
<br /> '�� !tB 8p01180 O� tlie OL�t97C• I r; . .':"�S�;s�
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<br />�,� 9Q22 N. tOt.h. Grtu�9 Isle�nd. N8 .68801 � (herein"T�ustor,"whether one or morel fy, ,;�:�{9. <;:�. :
<br /> , � . whose malNng Addrese Is . � , •, .'
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<br /> '�,r'�!��..�. ` the T�udt66, ' ' ',/i� �,�:,i -t..�.--••-._
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<br /> .� .���<I'�r''" Z015 N. 8roadwell Ave Grand Isiatid, l�QE G88G3 (herein"Trustee'�,and A�'sj�!,":. ',. , ''
<br /> . ,5rr`,�, whose mailing addresa ls , !i;��!r,f� .�,
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<br /> �i,'` the 8anafipt8ry� �ive Pointa eank. A Nebrdska C�rDOSetion — ��.: ,7�/� t;;�yi�, f ;A,.:
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<br />-. . ��,)�:���ti.,,. . 2015 N. Broadwell Ave� Orand Island, NE 68803 (hereln"Lender'q. ,.,.�: •., ,:.. . •;�',`
<br /> , ,.i4{-,: . whoae meiling address is � ,,,,,,}:,,;.•� • ;i.•
<br /> � � .. :,;: ' Timoxhy N. Johnson & �;�`�`i'r ., ''�
<br /> :;-;.r1?. .. FOR VAWABLE CON81DEfiAT10N,ineluding Lender's extenslon ot credit ide�tifled hereln W ,. '�� ;'
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<br /> ' . .�;�a�` :'�> �=�a M �ohason��{ wig� (hereln"Bor�owe►",wtrether one or m0�8)and the ttuet hereln creeted, • ., �'A=
<br /> • � the�eaeipt oi whioh is hereby acknowledged.T�usta hereby Irrevoeably gra�ts,transters,conveys and assigns to Trustee,iN �� ' '
<br /> �� `�1 �' TRUST,WITH POWER OF SALE,tor the benetit and secu�ity of lende�.unde►and subjeat to the terms and aondiqons herelnaiter aet �.,f„���r ,"
<br /> ,'^� •� MrM.the real property,de8otibed as f o l lowe: '�'� . -sr i
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<br /> , �.r�, Lot One (1). Siook 8owe (4�� Colcnial Eataties 2nd Subalivision to the City of asaad �r �"�i'
<br />?�1';p�il�y�[����• :;�i; 281ett8, �811 CovnLy� Netbra8k8 ( �Fi���l;�,� .
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<br /> �1�115 3 r��l„ . ���,�f� '1�:. .
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<br /> �,rr��:,•��{,�!;�<, Together with att buitdings.fmprovements,tixturea,atreets,alleys,pessageways,�eaaemema,righta,privlteges and appurte• ,
<br /> ;,r!•,:, ,;•r.•: , nancee tOCated thereon or In anywlae pertaining thereto,and the rente,Iasues and protits.►evers(ons end remelnders thereoi,and , , . ,,: `.�
<br /> ,•r{,''f'.'1.' ' 4.
<br /> {.,� . suoh peroonel property that Is attsched to the Impronements eo as to aonstftute a 1lzture.Inaluding,but not 1lmited to,haating and .. ,
<br /> ;r.::•?:::,
<br /> .�,,��, , ' • Cooiing equipmenp and togeth�r wHh the hom88teAd Or marltallntereate,It any,whfah Intereets are hereby reteased end watved;a0 r7_ s
<br /> t.;�3�;+. ��'���.,�• ot whtoh,inaluding reptecements and addttlons thereto,la hereby declared to be a paR ot the reat eafate seaured by the tien ot thia �•� „ ,
<br />,f;•�'"•;. :r� � peed oi Trost and aU ot the torepoing being reterred ro herein as 1he"Propeiiy". �• '�
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<br />_ ��, • This Oeed of T�uet shalt secure(a)the payment oi the principat sum and interest evidenced by a promissory note or credit '. • ,.,_j;.
<br />'J ,`rl��.�'' • ag►eement dated Marah 4 1991 _ .heving a maturiry dete ot March 4. 20Q6 _-_�, ' :1'•,j
<br /> ,`. �:�'j, ��1..,� •�•��''_t,.'�;
<br /> ���`'� 40�700.00 ,and an and ail moddicstbns,extenslons and renewais �, � ,:1�i,;�' �`•�i r�,
<br /> ^,, ;5>'t;,�:i.'yr�';�,,::. In the originel principal amount of S y .
<br />_ .`:r:�''��;jt;�41'.`' � therept or thereto end any and a0 tuture advances and readvances to Borrower(or any ai them if more than one)heteunder �;� � ... � :l�:;'�jt��:
<br /> ' , ,.. •r,•,,, �,�'.
<br /> .. ,� �'„ � . + pureuent to one or more promissory notea or credlt agreements(herein catted"Note");(b)the peyment ot othe�sums advanced by
<br /> Lender to proteat the eecurlty of the Note;(c)the pertormance ot ali covenants end agreementa ot Trustor set forth hereln;and(d)all i� �;;i•
<br /> �+.::"��;`'",,,'`� �: preaent and luture Indebtedness and obiigatlons a!9o�rowe►tor any ol them It more than one)to Lender whether dirsct,indirect ; ,
<br /> ;'�:�5,-"� • absolute or contingent and whether erlsfng Dy note,guarenty,overdreN or othe�w�9e.ThEr Note,this Deed ot Trust and any$nd ait i
<br /> ' � other docuenb thet aecure the Note or otherwl8e executed In connectlon therewith,�natuding without timltetlon guarantees,securfty
<br />�;',,.,:.�;;..,1;' •' agreements end esalgnments of leases and rents,shet! be reterred to herein as the"loan Inatruments". .
<br /> ,,;;�•�� . Truator covenant8 and egrees with Lender as follows: � �'
<br /> ,, : ,�:'� 1. P�ynlent ot Indebtedne�t.AII Indebtedness seCUred hereby shell be peid when due.
<br /> ' 2, TINs.Trustor is the owner ot the Property. has the right and authority to convey•1he Property,and werrants thst the tlen
<br /> , � ereated hereby Ia a I�rsi a�d priCr I;en on the Property,except for tiens and encumbrance�set forth by 7rustor In wrifing and
<br /> ��':;-,ir"��'•';•, , dedveredto lender betore executlon o�thls Deed ot T�ugt,and the executfon and delrvery ot this Oead of Trust does�ot vlolate any .
<br /> ' ;�i;.�� �r' ' CO�ri+act or other obHgattan to wfiich Trustor is sub�ect.
<br />-;�;r`••`•.+#��;�'�'� � 3. Taxef.Afaessmenb.To pay belore delinquency all taxes.spec�al aesessmeMS And al�other charges agalnst the Property
<br /> .,,1;. . .`� now or heteaNer levied.
<br /> � 4. InfUtanCe.To k8epthe Property insured nga��s!demaflN t+y i�rp,noltfrcls�nc�uded w�th�n the term"extendRd save�age".and
<br /> ''' • euch other haa8rds as 4ender may require,in amounts 8nd WIIA compamee acceptable to lender,naming Lender a�an add�t�o�a�
<br /> nemed Insured,with loes payAAle!�tne tender.tn case of loas under such polic�es,the Lender is authorized to adjuat callecl and
<br /> Compfamise,al�cteim8►heleunder and shaii ha�e the Optlor o1 Apply��g all or part of the insurance proCeeda p1 to any indebfedne8s
<br /> �'�;� . 8ecu�ed hereby and 1n auCf+o�tler os lensfer may deterrn�oe,i��!to tho Truator ta be used for the repeir or reatoration of th�e Property
<br /> ' O�(iii)tOr eny other purpose o�ob�ect sat�9tacto+y lo Lender w�thou!atfect�ng the f�en of this Oeed Of Trust fot t�e�ull amount secured
<br /> � � � hereby betore euch payfr�ent eve+took ptace Any aDA��cation ot proceeds to mdeotedness 8ha11 not extend o+aoatpone the tlue
<br /> � , . date of eny payments unde�ttr�e Note a�cu+E eny ae�auit thereunder or nere.,nae�
<br /> - . u. �LGi'�1�.��M�����Mww Mnw.�nN�.�1 gnrfar_Tn�atn�ahall nny to Lettd@•.tf'9uC�:tT18nn�+88 L@(td@r tndy 0@819n8t@.84�tC1@f11
<br /> sum8 to en8ble lender to pey as i�y Decome due one o►more of the tWlow��.g f i n�.faze5.assessmente and other cha►ges aga�nst
<br /> ' ' the PrOperty,(ff)the premtums on the property insurance requ�red hereW^Ce� �nd p+�;the poem�ums on any mortgage��:swrance
<br /> •' �equlred by Lender.
<br /> 8. Maiet�nenCe,Rapairs and CompiiOnCe with Laws. Trustor sra!� Kee� ;�E Property �n good condit�on and repa�r,ahnit
<br /> protr.ptiy repelr,or replace any improvement wh�ch mey be damagcd or,�=a�"oyed: shall not comm�t or perm�t any waste or
<br /> deteriOrBtiOn Ot the Property:sh811 not remove.demolish or subatentielly aiT�r any of the�rO�UVements on fhe ProDe'M ahell not
<br /> cOmmit,8uHer or permrt eny aCt to be done in or upon the Property m v�oletion ot any Iaw.,y••��T a^:e.or regulat�on:a+���+:��pey and
<br /> promptly diacharge at Trustor's coat and expense an 1�ena.encumb►anccs and cnarg�s���a+� �mposed o�a3s�:s�?�'ayainst the
<br /> Ptoperty or any p8rt thereot.
<br /> 7 Bm1Mnt Demetn.Lender fs hereby asafgned ett compensat�on,awards,damag�sy.a^�s 2�'ut p3��n���1 Or reliet(hete�n�ftet
<br /> "ProCeed6")In Connectlon wlth condemnation or other tak�ng ot the F'roperty or part�hereo�.� �h��onv�eY3a�ca in heu ot condemna�
<br /> tlOn.lender Bheil be entitled at Its opUOn to commence.appeor m end proaecute�n its own:�an�e a�y actioi�or proceedings.and
<br /> 8ha11 a18o be entdled to make any comprom�se or setllement in connecnon w�th yuch tak�ng or damage In the event any port�on of
<br /> NSC H6)MorrpreuMwN W WI Rw t0'88
<br /> . � �tp88 NNqne18�M W Comn�rt�hu�t�M Sh��qtAffoc�Nw�tMtoM�NW„►�
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