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<br /> �{ NOME FEDERAL
<br /> � Y�� � ,�°� ,,,�. � OI?AfVD 181.AMD ��_----_
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<br /> 1���; , ACKNOWLED�MENT TO OEED OF TRUBT __
<br /> � • ����;`-�• The underelpnsd"Tru�to►"�s Idsntlfted to ths followlnp DeW ot T�u�t.whstherom or more,undsrst�nd th�t the docum�nt
<br />� �'t'� � they��s about to ax�auts Is�Ossd of Trust�nd not�moAp�ps,�nd thpt the power of sN�provlded for In the OMd of Tru�t
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<br /> .� :,�,,�'. � p�orldn sub�tantl�lly dlfferent rtphts and obllp�tlons to ths Borrowen th�n a nwRQ�ps In th��vsnt of a dshult o►bnach of �_�_
<br /> obllpolon undsr the D�sd of Trust,Inaludlnp,but not Ilmited to,ths 9ansflel�ry's rlpht to hava tho Propehy IdsntlNed In the a�-- �••�� --
<br /> � ;,.� "� tollowlnp Desd of Truet sotd by t!►�Truetes wlthout any Judlcld procsedlop.Truetor roproasnts a n d warran t� t h N thls
<br /> �� Aaknowl�dpment w�a enacutW bl►���iore ths exeoutlon ot the Oead of Tru�t hsrea(tet a�t forth.
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<br /> �'� LaUern E. Franzen -.-
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<br /> jI�'4f' . . . , � �QyLI'Lt+l � ylt�w! Qirf --
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<br /> ' Connie K. Franzen �'Z"��;'
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<br /> HOME E�lU1TY LINE DEED OF TRUST �����-: .
<br /> � r i 1 1'��_. ��0��— 1 a larn F�,F TAf17rPfl �n�J ';!� ;
<br /> .. THIS TRUST GEED mad�thls �a d y of�e f� • � � -=.�;���t;`''
<br /> h ''q�r�na a a 4vhose melll�p addre�s is 7 Qn1 L� Ar�r�a. Gran� Is1�� Ne
<br /> � � • Connie K Franzen, kuSDa � f�� oll"Trostor", �"°'�;�,'
<br /> � "��,.i�,°,.`I Arend R Baa�k ,Attomey at Law,whoee m�ulnp addeas IsP 0 box ?90. Grand ZSIa:,.d. Ne �;� '
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<br /> � • ' '`' �s'Truetes";and F1ome�Fo4evaU��'inga and Loan Aasooldion of�and Island,whoee malllnp addrees Is 221 So�socust,
<br /> ' P.O.Box 1009.(irand Is�laTa9,We�a�K�888�2,as"BeneHcla►q"
<br /> � ���� For valwble con�iQan�►��on,iruator iRevoaabir 9raeta,tr�nstsrs. corsvsys as�aaalpns!o Truslas.In lss��t.Yr�9w�^�er�f ��^�: ;
<br /> eals,for the ben�flt��ai�eeurlQy of B�n�flal�ry,under and subJect to ths terms and condltlone of thls Dsad of Trust,lO�e follow- ��
<br /> �'��,;. Inp deaorfwa aopeny bo.ted i� �>> r^��^t�r ,Nab►aska,to wlt: ��..-
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<br /> �,Y� lot One (1) and that p�•rtian of the vacated 211e abuttin this premises to the Y;,�,�-
<br /> . � Y 9 �., ,-1a���__
<br /> � " � South as shown in Ors�:.nance No. 6210 filed October 21, 197? as Docume�t No. 77-006115, � -
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<br /> ' �`�k'+`�� all in Block Four (4). Parkhill Second Subdivision an Addition to the city of �+�__-__—
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<br /> ` '''��������`J��r, Grand Island. Hell County. Nebraska. ��- _ _
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<br />. � ��!4'� ��. � . � topetMr wlth all bui9din �,tixtures,Improvementa and appuRena�cos thereunto balonpin�,It belny ap►eod that all of tho ,�,,,,�,�,,
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<br /> � � '�`• fors�olnp ahall be henini�fter reAe?red to os ihe"Property". '�'."� • . •.;
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<br /> FOR TME PURP08E OF SE t�F41NG rform ce o f eaC h apreem t�1t�d cov e n a n t o f T►u a t o r h e�e l n c o n tq���p a y � +�'�<i�.-:
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<br /> , ' " menta�Rt�aprinclpalsumof �W�'''�y Five �housand and no�00----------------�Ilere(5 ' —�. ��?. '•Ir:,'';;•;.�„�::
<br /> - aa ev l d e n a e d b y a H o m e F e d e r s+l H o m e E q u l ty L o�n A p re e m e nt betwesn Trustor and Beneflcla ry(the"l�oao A preernenY'),pur• j � '�;:..
<br /> 8uan!�o whlch Beneflclary wlll advance funda to Truator from tlme to time at ths fnteraat ratea a�d upon t4�e terrres provlded �
<br /> � • there�n,t�sther wlth any aum or eums of money wtth Intereat thereon whlch may hereiiftsr be paia o.�advav►ced undar the , . .
<br /> terne9 0"4i�ia Oeed of Trust,both�e�l�nclpel eum end Intereat thereon belnp payabla accordiaq to the terms set fo�Pu In the Loan . �
<br /> � ' . A�reemoo�t,rofsrenco to whicA 39 t�areby made,af the oHlos of the Beneffclary In Oranm Islpnd,Nebraska,or aY such othst ; �r'. ; � °:'
<br /> p1a�e�m derNflcl�ry ma�y dea�oaa•Ge in wrltlnp. '4•;
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<br /> �'-I;;�•':;:'' . �raa�ygT�E�i AND 9EN�F���ARiY Cm�'E�1AP1T ANfp A�REE AS FOLLOWS: t•�.� .. .
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<br /> ',.;.?. ; %4,;.��. . 1 VlPrrra�r o1 TNtr.TPiJ910t eS J�W1 UC,�y sefzed of the P.o��N:'has�oCd eiry��1 i��I�wAl�i puthorlty to sell and convey the Pra : •'�i' .
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<br /> : ' , �.,..;r+i;'s:�`;'; perty.t��►operty Is free and cleav�4 all llens end encum0ers�n css exce�t udens r.�w mt�aeCOrd;and Trustor wlll wanant and� . ,
<br /> fend the tltle to the Property unto tAe 7ruatee and Its wccassots and ass��qn+s�ors.er��alnat the clalma of all persone. �,'�' �
<br /> � 2.P�ym�nt of Pdnolpal�nd IntNat•Truator ahafl punctywUi�y pay tne 6rr.ncipal of,and Interest on,all advancea undar tt�e �
<br /> Loan Apreement and wlll puncWally pe�form all eyreements.candittons�nd provialons of any other aecurlty Instrum�nt ylven
<br /> � , � In connectlon with thla t�ansactlon.
<br /> , 3.Pn��n�Noe�nd M�Inhn�no�of Prop�rty.Truator wil I r�crt com�rnit any waete upon the P�operty at wlll,at all tlmes.main•
<br /> � taln the same In pood order and condltlon and will make,from timc to t�ma,all�epalra,renewals,replacemsnts,addltlone and ,
<br /> Imp►ovements whlah are reaaonably requ{red to prevenf waste,impa�rment,or deter�oratlon of sald prop�hr.No bufldlnp or
<br /> � Improvemant now or heroaNer enctod upon the Property shaJ1 b�a�tarad,removod or demollshid wfthout th�prlor wrltton
<br /> . consent of Beneflclary.
<br /> 4.InsurMp.Truator,at its expenae,will malntaln wlth inauroro approved by Beneflclary,insurancs wtth respect to the fm•
<br /> � ,• provemants and peraonal proerty conatltutlnp the Property apalnst loaa by flre,N�htninp,tomado and oth�r penla coverod by
<br /> atandard extendsd covarape endorsement In an amount equal to at least one hundred percent of the full replacement ralue
<br /> thereof,and inaur�nce apalnat auch other haz�rda�nd In such amount as la cuatomarfly carrled by ownere and operatora ot
<br /> � almilar propeAles and aa Beneflctary may requlre ta Its protection.Truator will comply with such oth�r requfremsnte aa
<br /> � � ' Bensflclary may Irom ttme to Nme requeat for the protectlon by inaunnca of the Interest of the respsctfv�p�rtles. All m•
<br /> aurance pollclsa malntained purauant to thls Oeed of Truat shall nAme Truator and BeneNC�ary as insur�de.aa thelr respecf We
<br /> interests may appsar and prov�de ihat there ahsll be no wncell�tlon or modilfcstbn witAOUt ffhNn 115)dars prlw wntten �
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