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<br /> • �-�� ' . . � � ACKNOWLBD�BMBNT OP DBED OF TRUBT �1��0�05� _
<br /> ,z ' TjiWTOA READ THIB 9EFORE 810NIN0;
<br /> Truttor und�rshnds thN th�dboum�nt th�t Tnutor I��bout to sx�cuts I��pNd of Tru�t�nd nol a mort�ap��nd lha�tM Po�
<br /> � .~ ... Y ol ats provld�d tor In th�D�eO of iYwt Provldn subsantl�lly ditf�ront rlphb�nd obllp�tlono to Trwtor than�mortp�p�In th�wM►1
<br /> ' � + pf R d�hu�t or brqeh of obllp�qon und�e ths W�d ol Tru�t,Inaludfnp,but not Ilmitsd to,th�L�nd�r'�rlpht 4o h�v�th�Proprrry sold __
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<br /> . :, >�*•���.'�� py tM T�u�without my�utlkial proc»dinp•Trustor npraNnb�nd warnnb th�t thl��cknowl�d�nNnt w�e�x�ouNd by
<br /> -- -_- --- ._ T�uNo►bMor�ri���cu�on W th�ONd of Truat
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<br /> ... `��� �'' ��•�:t�;:.� DEED OF TRUST WITH FUTURE ADVANCES = __
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<br /> � �+.���r. Mareh , 19.�1-.b and emon
<br /> • �w� THI3 DEED OF TRUST,IB made as af the?9th_dey o1 Y p
<br /> ' �• , •, . ihe Trustor �x'�' J. ��_& [taren K. 3karka. hueband and wife ench in his own right ar�d -- u,__
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<br /> . as spoube—o�fie o r.�- �:' �'9=-- - - .
<br /> ^ 'r`� whose mallln�eddress I� 4246 SprillgView Dr.� GCand Ial8rlclr NE 668�era�n•'Trusb►:'wMtner ono o�mw�b :•��E—
<br /> ° •• "• E'ive Polnte Ba��� A Nebraska Corporation , ��''.°�''--:,���
<br /> s• • ihe Trvatae, .�:.,.
<br /> `'., !� mallinyaddress is P.Q� @S�?X��.._.Gr �fiia� � r8�2 . (hereln"T�uateo'�.aod •_,.,a;�r'�=�, '�m....
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<br /> ;�,11�;;,;,j ,,, �Fn`:.;i�1� nts B�artk � , . ,•:•.:•'::_
<br /> :;,,;�: �.,���4!!i,,;`;l��c,° ; the Bena9iciary� Five Foi �: '..� r;l,r'����v1I
<br /> ,1�. �:i:°i '.?;L��'��`�'�.
<br /> �',. ti;?�;•.`,,;,;,.,s;.�,��; P.O. eax 1507, Granc7 Islarml. NE 68802 �� �:' ;,.t---
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<br /> (here�n"L9ndsr"►. � �,;
<br /> „ �,.�� .��1,;�i�, ;�, ,s,�..�}:�' whose malllnpaddreas la t '::: ;.•..��� _----
<br /> ;, `�a�;�,�s�''�xi4�:. Le J. & ,/��'��i ,, }/'` �
<br /> �.,r ?��,.`�;,�;�t(ip}1�•,��c,� �� FOR VAaUABLE CONSIDEFlIITION,includin�g Lender's extensia�ot credit ideniHied hereln to,13Y, �-��' � ti�, �S'��{{!��'9,�,f.
<br />, I a� };f C7�iJ� .�. ♦ �r�J,4,- �l ���,«5�� .�< :!4-,.
<br /> � � �,��'�t �' �• [�aren R. Skatka� hu8ba[ld & wife (herefn"Borrower",whethe►one or more1 and the trust herein created, �i:' ':' j,+ t ,,
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<br /> '�;;f',� � �„�,` the recaipt o1 which Is hereby ecknowledged,Trustor hereby Irrevoc9bly grante,trenalers,conveys and asaigns to Trustee, IN � , , ' A, ;Y�
<br /> '' ' TRU�7,WITF!PAWER OF 3ALE.for the beneill and secu�ity of Lender,under end aub ect to the terms end condltlons hereinatter sYt L���� '��'
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<br /> �^ � brth,the real propeAy,doacrlbed ae follows: �°'"''"�""--����
<br /> Lot � (2), in Eawnacres E`if�h 3ubdiviaion� in Hall County� Nebraeka ��'�'=°�"`�s'
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<br /> � Topsther with ell bulidinys.Improvemenld.11Kturea,streets,alleys,pasaeyeweys,easements,riphts,prlvflepes end appurte- .• �:;=a.
<br /> nanct�loceted thereon or In anywlee pertainlny thereto,and the renle,�asues and prohls,reveralons and remalndere thereol,end A ��;
<br /> ,� �uch personel property thet Is eUached to the improvemenls so as to constitute a Ifxture.�ncludlny,but not Nm�ted to,hoalfnp and
<br /> ' coolinp equipmenC and toyether wfth the homeatead or manlel mtereats.d any.which�nlereste are hereby relea6ed and waived;ell
<br /> ° ol whlah,Includinp replecemenlo and additlons tharetu,le hereby declarud to be e pe�t 01 tho re�l eat9te�eou►ed by Ihe IIB11 of thl� •�-i.�••� ••..�_ '
<br /> poed ol Truat and all ol the forepolnp belny relerred lo hereln as the"Property". °
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<br /> ' Thl�Oeed o/Trust shell secure(a)the peyment of the principal eum and Interest evidenced by a promiesory nole or crodil a,�_°
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<br /> opreement deted �� 28, 1991 ,having a meturlty dete ol June 28th. 1991 , a�;� • t't���'�+�;::
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<br /> . ,.: In lhe orlpinal p�inclpal amount of S 2�� 00 ,end any and a11 modllicatlons,extenslons and renewals ;:.,, • • • �,
<br /> , •�;�;::.: thereol or the�eto end any and all tuture advances and readvences to Borrower(or any of them II mare then one)hereunder ,�:�• , �
<br /> pursuent to one or more promiesory notes or credit agreements(herein called"Note");(b)the payment o1 other suma advanced by �, `' � � r+�!�;`�"`�,
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<br /> '��''`�'��" " Lender to protect the security otthe Note;(c)the perlormance ol all covenants and agreements of Truator set torth hereln;and(d)all , ��'� ,
<br /> � ;`r:����i:�!'�,..� �.
<br /> '.:;�;�:-;j;.. ,; present and future Indebtedneas and obllgatlons of Borrower(or any of them il more then one)to Lender whether dlrect,Indirec� ,,'�,
<br /> ����'����'• � abaolute or contingent and whether arlsing by note,guerenty,ovordraft or otherwise.The Note,this Oeed of Truat and any and all , .
<br /> � ;•, �'�' Other docue�le thal8eCUre Ihe Note or otherwl8e exeCUted fn connection therewllh,InCluding wHhout Ilmltallon guaraMeea,88CUrly '• .
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<br /> � apreements and aeslgnments ot leases end rents,shell be referred to t�ereln as the"Loan Instrumente". � , . ;::t;;
<br /> : � Trustor covenants and egrees with Lender as lollowe: � ,
<br /> ; 1. Pa�mN►t o1lnd�bt�dn�u.All indebtednees secured hereby shall ba paid when due. � ;�,`.1
<br /> , '��;; 2. TIW.Trustor is the owner ol the Properry,has the nght and authorlty to convey the Properry,a�d werrenta that ihe Ilen �,;,:.
<br /> ����''�•��� Creeted hereby ia a Nret and prlar Ilen on the Property,except lor Ilens and encumbrances set forth by Truator In wrldng and . � �
<br /> `''� �� ' delivered to Lendar before exeCUdon ot thls Deed ol Truet.and the executlon and dellveiy ot this Deed ol Truet does�ol violete any , •
<br /> '� contrecf or other obligatlon to which 1'rustor is sub�ect. � �� "
<br /> 3. T�x��,Asas�m�nb.To pey belore delmquency all texes,special assessments and all other charyes ayalnat Ihe Property �
<br /> now or hereafler levied.
<br /> 4. Imur�nC�.TO keep ihe Property insured ega�nst damege by I�re.heZArda in�luded wilhm the term"exlended coverege",end ,
<br /> such olher he=arde as Lender may roqwre,�n amounls nnd with companies nccepinble to Lender,nammg I.ender ae an addlt�onal
<br /> nemed Insured,with loss peyable to ihe L�nder In co8e oi loss undur such po��c�i�s.the Lt�nder is nuthorized to adju8t.colleCt and •
<br /> Comp�omfse,all cleimBlhereunder and sha�l have tne upUOn ol uppiymg ai�u�pa�t u1 the maurancu p�ucuuds{q to any�ndebtedness
<br /> aecured hereby and in auch order es Lender may determ�ne.(��►lo the Trustor to be used for the repair or reatoralfon of the Property
<br /> or(II1)for any other purpoae or ob�ect satiafactory 10 Lender w�lhout aHect�ng tna hen ai th18 Deed ot Truat tor the lull amount secured
<br /> hereby before such peyment ever took place.Any applfcat�on o1 proceeda to mdebtedneas shell not extend or postpone the due
<br /> dete ol any payments under the Note,or cure any delaull Ihereunder or hereunder.
<br /> ._. _�........ .a.. .,�e ..x,..�e.,.
<br /> �•�^ �J. �.�C►aW. Upon wntlen oemand'oy�ender,Trusiur yi�nii Nuy iti i.toiw'oi.u�aiii.i�IT.oi.:'a�oo w��....::�::' °' " '
<br /> i .......^y..............._.�...
<br /> sums to enable Lender to pey as they become due one or more o1 Ihe lollowing:(i)al1 taxes,assesamenl9 and other charges agamst
<br /> ��•����"� the Property.(li)the premlums on the property insurance required hereunder,and(I�i�the prem�ums on any mortgage���urance
<br /> i:;�,..i;r,,, ,
<br /> , �,,�,i.,,.,��, , required by lende� , .
<br /> ,� , 6, MsY�a,R�pflrs mt!CompYiav►c�wllh law�.T•wstor srai� keec ihe p�cp�:tr �r gooc concf�tion a^tl repa�r,s�a�� ���
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<br /> RrGmpl�y rep,��r, av *eplaCe any Impro+rement wn•ch may tt� �arragetl a• dRSt►oyeC ShA�� �G: comm�t or perm�f any waste cr �, .
<br /> '��'�� '` ` tlets+�o•at�an of tRe Properry: anAli no7�ernOve.tl9mo��9'^ o*suostahtlally alter any ot t�r improvem@nt8 0�tne PrpCBrty:3h9L r.01 • . . • ' .
<br /> . ��});, ,
<br /> .�,��r..:;.,:. • ,;?, COmmit,sutter or permltany ac�to be rlan�e�r o�upar t'he�'�opartf�n violOUOn ol a�y�aw,ortl�nance.Or rgg�lebon:anC ehalt pay er.tl ;
<br /> :- prom�t�y dieCh2�rge et Trustor'e co�l and ex�ense a� I�ens.e�cumbrances and cnarges�ev�ed.�^�pcsed or asses9ed aa��nsi trte
<br /> � ' • •�i,.,,.� Property o►any pa�tlereol.
<br /> �. ':''•5 • � 7, Ert�t Oonr+ain.Lender �s nere�y ase�g^�d alf car.pensation,awartls.tlamages antl otner pay^�enrg or rehal(heremaRer • �
<br /> �.:s?�... •
<br /> • �,,;�:,� "Proceeds")�n conneclion wdh cendemnation or other tak�ng of tne Property or part tnereof.or for conveyance m I�eu ol condemna• ,
<br /> � • tlon.Lender shali oe eM�tted at�ts optlon to commence,appear in and prosecute�n�ts own name any actio�or proceedings,and
<br /> shell also be entdl�d to make any comptomise or settlement m connection w�th such takinq or damage.In the event any portion of
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<br /> O 1�M MNqn11 pNt d CommM/Y T�u{!Md Sn�nps A�soana�l,nto�M N�d�s�• �
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