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<br /> ACKNOWL�DOENIBNT OF DEED OF TRUBT � • �Q c�O rJ S
<br /> , TRUS?OR REAO THiB 9ERORE SIGNIHI(�: •: �Q�
<br /> . r,o '��'`"� Tru�Wr und�rw�qwt q�doown�n11M1 T�u�tor I�obout W�x�nub b�Ohd ol Trutt�rd no1�morq��nd th�n fh�w�nt
<br /> ��,°°.�;; h ' �.. al�ab p►ovld�d b►f�tM OMd ol Trud provldN w+b�ntl�Ay dllNrsnt rJphq and obllp�llan�lo Trutlor Ih�n�mort4W�
<br /> ''�:�;':x;'::, ; �, ot�ewlault o►brNCh a ob�W�tlon und�r th�DMd ol Tru�1,Inolu�lnp,but not Ilmlt�d to.th�L�nd�r'�rlph!lo h���IM Prop�rty�old --
<br /> .�• ...:.=a..:� :,>.' ,�.. py Nw TrwtN wlthoul�ny ludlalel proawdlnp. Trutlor r�pr�Nnb�nd w�n�na th�t thl��aknowl�dp�nhnt wN�x�oubd by __...--
<br /> _ ` Tivaor b�ton qa�x�oudon W p�O�sd ot Tru��. —� �_ - --- -��
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<br /> � �•'�: ` � (Cher . unag n Trusta —
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<br /> ,� .t:, DEED OF TRUST WITH FUTURE ADVANCEB _ _
<br /> �,.... � ,F�.. ^�•� �w+il •193L,by and anwep ��_��: ; .. .� _.
<br /> ' •S%�' da of
<br />'��cti:� � , .,, THIS GEED OF TRUST,h m�d�ws af ih�_�3Cd— Y -" -
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<br /> ��''+� husband and wife
<br /> r'���. ,::;r,.,,..� �o T�p� TlmothY L. Dunaaan and Chervl R. Dunaaan. � ['; — _
<br />�n Yi '�r" �..' Icland�IE_ .
<br /> 4', 7�q4 Briarw�d Blvd rand (herein'•Truator;'whethe�one or mav). r,, ;�� .r
<br /> . .. .,: whos�mailinp add�eas is '-�a�sv�-�a�� � --.
<br /> � �,� + �
<br />•;• t- Mi��laam W. Marshall III P�esiacte�t & Chaarman of Five Poir�ts eank a NebraJsl�� �<<<� >. .�}�:�,,r
<br /> � �'� the Tru�tN. Corporation, � ,��;�w �,� �:;�,,,�,.
<br /> ' ,`' I �-� Box 15�7. Gr�ip�L�I°,__J �ggQ�--�507 (herein"Tr�stee'7�and �'rr • 4'��:
<br />� �`;;���,� wtr�somailin eddre�s s — S;� �,J• �'4.��,,...L;:�!.
<br />,. �`��l�'1`�� s.,� � Five Points Bank . r:;�;;;,.—=_=�:..---
<br /> ' , ��: , , h J;\}ry5',��t�nr��e=a-_::
<br /> ,��Hi :F�`.'� , tV�e Benefloiory, �,
<br /> , ` fi.;}"��'�`;�I•.�}.'�,,}� P.Q Box 154�7 Grand Island NF ssaoz-15�49 {herain°Le�der"). � •��r ,.,. �.�`;�;;�
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<br /> n�.w�:^•� .. _—
<br /> �• wfw�a mallinp address b pullagan � 'r �� .r —
<br /> � :�is�!�,��P .,�,���;�`t Timothy 4. ,�, � , �.
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<br /> �p�''� ��;.���,,,'1%pp FOR YALUABIE CONSIDERATION,includi�p Lender's extenalon o1 credit identifieci hareln to ,;:.. ��,f���•..
<br /> t�,,F� ,,;J, 1,f �'•'�''1'� +f'��•.
<br /> ' .�i,�i;i��'�ti'�'' rl:'i� �;.;. Y . ,
<br /> • s���;��,-,h::' '�.;�,��:• a�nc� Chervl R. Dunaaan _.__�nsre�n"Bo►rower",whethar o�e or more)end the trust�re�n Created. „.(f♦�JU�`�:,��,
<br /> i _•_ _ ' S��,.L�::�.1�� �t�rACetnt ot which It hereby acknowtedr�s�1.Trusiar 'hereby Irrevocably yrents,transfers,conveys and assiyns to T�ustee.IN �, ,a,�,�
<br /> - ,(1,��.p y r�S�;�,�,�;1;,, TRUS7.WITN POWER OF SAIE,tarthe bereeiR�z�sec��ty�oi LwiJer.undsr and au�jsc!`.-l.helw.m��.�coneiaons hare�ns�fter aet '".c r` '—.- :�:�
<br /> . �� �:,;�:r=,?;;�{��;r:•,��, torlte.the real P�oPerN�deacribed as followa: ,_�=.
<br /> • •: �'.�:��`�'�:��`•°��� '� Aol of Lots One (1) an d Twen ty T hree Q�3), B l o c k T w o (2). B r e n t r v o o d S u b d i v i s ion _,,�
<br /> � �'��� ' to the City of Crand Island, Hail County, Nebraska. ��.:��
<br /> ��r ,• '1,�''►�Y�
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<br /> ' Topether wlth ell bulldlnpa.Improvements.Ilxtures,streets,alleys,pessayeways.easementa,r�phte,pnvfleges end appurte- „ ,,,,,,,��N�g
<br /> 1 nencas located thereon or In anywlsa perteinlny thereto,and the rems,issues and prohta,reversions and remaindere thereol,end �
<br /> �� such penonal property that la etteched to the improvementa so as to const�tute a lixture.��cludlnp.but not Ifmlted to,headnp and �: �.,,� -'.y�-"�
<br /> ,, • eoollnp oqulpmen�and topeMer wllh the homeetead or marltel intereste.11 any,which intereak are hereby releaaed end weived;all ,
<br /> � of whlch,l�cludlnp replacements and edditlo�s thereto,is hereby declarad to be e part ot lhe real o4toto secured by the Ilen ot lhi� _�,,,•..T�.__ -"`--
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<br /> paad of Trust and all ot the forepolnp belnp referred to herein es the"Prope►ty". r:'.'�;!*i��""��.'_
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<br /> � " ' T h l s D a e d o 1 T r u s t s h a l l a e c u re(a)t h e p a y m eM of the pr►ncipal aum and interesl evlpenced by7�promlasory note9X7e0��ltt r-a ,_:;{
<br /> -� Apr(I 3, 1991, having a maturity date o f Apr i l 1 2 0 0 6 f o r $7 0 O b 0.0 0 ;, " .}���
<br /> � • 7i�IY0�AWlt doted �i7r1� � 1991 ,hav lny e ma tun ry d e l e ol Anrif 1 1 b96. fnr �0�_nll0�00 � -
<br /> ,,,,•`}.l r ` � �r..R.,:.:,,-
<br /> �! ir the or�pinal princlpel amount of: 1:'�.40m.C[D ,and eny and all modl licat lons,ex tens l o n s a n d re n e w a l s i ,1��,'��
<br /> . .,, `,'��� �.%;.�(�•�: ihe?so!or thereto and any a�d atl lutur�e adYances.a��readvences to Borrower 1or any ot them If more Ihan one)hereunder ;���:
<br /> „-;,)���.yI,��4 �.a��y' p�rs��ant to one or more p�om�uory r�oles or c�ed�t a�raaments(herefn called"Note"�;(b)the payment ot other euma advancod by
<br /> •'��;��7��•, .�.k1.+�; I.ender to protect the seturiry ot the�ote:4c1".'^��'!p'mance ot all covenants and agreementa o1 Trustor aet forth hereln;end(d)all ��::,`
<br /> '�R �`'f��•'``�,'}�r. presenf and tuWre Indebtedness dnd obugpt��na a�gorrower(or any of them il more Ihen one)lo Gender whether dlrect,indlrec� �.�, � • '
<br /> 'li��'"�cl,; "� '� .e....�,:_
<br /> ti�f� .,, ��r�f'., absolute or conttngent and whether ans�+�v 5y nota,guaranry,overdraft or otherwise.The Note,th�a Deed of Truat and any end all '��,�',�
<br /> ' ' r�`{�j�'� other docuentethat eecure the Note or othe^wdsa execu t e d I n c o n n e c t l o n t h e r e w f t h,i n c l u d�n g wdh oul Ifmitatlon fluareMeee,seCUrity ',•,,,,, ,.,�^•: ��',
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<br /> , ,:�:_=._ �s;• Ayroementa end asslpnments o1 leases ana+ants, ahall be referred to herem as the"Loan Instrumenta". ';
<br /> ' :�:...,' .,
<br />� ' � rf;���� . +"' Trustor covenenta end agreea with Lentl�er as lollows: • •�:. +
<br /> (;, �.'=,� ' �• • All indebtedness seCUred hereby shall be pt►Id when due. �•
<br /> ,>. ,}, , . 1. P�ym�nt of Ind�bl�n�u.
<br /> •�:.�!�; ,. . ,-•�•s 2. Tlq�.Trustor is the�«^�r of the Praperty,has the right and authority to convey the Properry,and warrante that the Ilon �; ..�:. 1
<br /> 'r� • ,�, �r.eated hereby is a Ifret and prldr IieR on 1he Property,excepllor liena end encumbrances set lorth by Truator In wnUng and j� ,':, .
<br /> , ��'�s• � detivered to Lender belore executlon o rt*���Oee d of T ru st,and the axecution and dellvery ol th�s Deed ot Trust does no1 vlolate any :
<br /> ' ' ���:;r;� Contract or other obllgetlon ta whith '�uyt0��9 9Ub�BCt. ,
<br /> ' 3. Y�x�s,Ass�um�M�• To pey before delmquency Au taxes.spec�al assesaments and a1l other charges aya�nat the Property 1
<br /> �^3w or hereafler levletl ' �!r�'�',
<br /> � 4. Insu��nC�•To k�R rh�Nroperty msured agu�nat tlumaye by��re.i�azards���C�udetl w�thm the t0rm uxlCndOd COVeltigB.ilnd
<br /> euch other hawrds ae LenQer may�equfre.In amounts and with compames acceptable to Lender,naming Lender ea a�addfUOnal
<br /> Inemed In9ured,wilh loss payeble to the lender.In case of 103s under such pohcles,the Lender�s authonzed to ad�ust co��eCt end ��.:
<br />� � compromiae.nll clalms thereunder end shall have the opUOn of apply�ng all or part ol the insurance proceeds 1�1 to any fndebtedness
<br /> �', secured hereby and in auCh order as Lender may determine.(�i)to the Trustor to be used tor ihe repa�r or restoratlon ot the Property
<br /> � ` ,, or(ifi)lor eny other purposeo►everetook�plece�Any app catw'nhol proceeds toen1debtedneDe8ha11 notsextend or pOe pone the due
<br /> nareby belore auch peyme*�
<br /> .,ae�o��u�nprP��ndwr or nereunder.
<br /> -------= Odt@ ot eny paYmenis u:��i�:�o:�:a.�c��:��c:, -----.. . _
<br /> 5. Escrow.Upon wr�rli!!+�dP�'�a�d by Lender.Trusto�shall pay to Lender.�n such manner aa Lender may designa►e,sumc�em
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<br /> ;,,•�� � suma to enaD+�lende�m Aar as me�,�necome due une or mo�reu�d har�eundor.�and 1�lehe psem ums on any mohyaye e su�renco
<br /> 1nY P�ope*(�.1��)tt+e Drem�ums�„me D�•�perty nsurance �
<br /> r�qu�nd by Len�sr
<br /> , � � . � � g ��I�epy�rr and�',o��llanc�wNh I.�ws. Truslor sha11 keep the Property �n good condit�on and repa�r.shall
<br /> promptly ra��+r, nr risplacn a+���mprov�ment wh�ch mgy be demaged or destroyed. sh8�� �Ot cOmmrt Or permit any waste or
<br /> �r�araaon of the f�roperiy:snail��ot r�rnove,demo��sn or substsnbally aiter any of�he�mproveme�ts on Ine Properry. shall�ot
<br /> . � commrt,suf�+or or perm�t eny aZt ro be dune m or upon the Properflr�n v�ofet�on ot any Iaw.ordma�ce.or requ�aUon.and shau pay and
<br /> � premptly 0iecnar�e at Truster'9 cost�nd expense a�1 �iens.encumbrAnces and charges�evied•�mPOSe+!or asseased aqainst the
<br /> , . + prOperly oi any pert Mereol
<br /> 7 Ef11i1fN11 ppnakl,lendet i�hereby es9�phed all Compensat�on,ewerds.damages and other paymentS or re��e1(heremeRer
<br /> � '� "Pracesds")����necbon w�th condemnabon o�uther tak�ng of the Property or part thereof,or�o►cor veyante����eu ot condemne-
<br /> rypn.LBnde►lhs��bs enfitlld at iri op1�On t0 commB�Ce,appear�n and ptoieCUte�n�ts own neme�ny BCt�on Or prOt68df�gs.end
<br /> � shalt alfo be e�htlad t0 m�ke any comprom�SB or Settlement�n COn^d•Ct.On w�th Such taking or dBmagB In the event 8ny portOn Gf
<br /> - � .. Mcw,Plarrac�awMO..w�«�u w �
<br /> O1fMM�r�W�Cwws+T•wwlw�^M�•rK.�.u��...cu� wn�u�
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