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<br /> '_. Mww�ww+ .��r..r,... . -- . —.'�`..
<br /> .:ap���:+v.,-: . • _. ____.
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<br /> � 1 � • • - - -. . __ - ----- --..
<br /> �� _��! _ ...+e�r�rlYrwi� " .- _— . .
<br /> ' ' ., �
<br /> ;'..
<br /> �� � ACKNOW4.EDGEMENT OF 06ED OF TRUBT _�
<br /> ., ����,:�;;,. 91_ 1 o z s�r�
<br /> ., ,. �,�o•' TRUBTOfi N�TMIS BEFOA�SIQNiNG:
<br /> .,�X:'� ��• " Trwto�und�nUnd�dNt th�dooum�nt th�t Trudor Is�baul to�x�cut�1��DMd ot Tru�t�nd nol�muAO�W�nd 11w1 ltw powa
<br /> � ' ° ' 01 wl�provldad lo�In th�M�d of 1ru�1 pravlda sub�untl�lly dlH�nnt rbhq�nd obl�O�tlonl ta Tru�tor ih�n�moAp�po In th�w�nl
<br /> of a dsi�ult or bnach ol oblip�tlon under ths Wsd ol Trust.Inoludlnp,but not�imuW to,lh�L�nder'�rlpht to h�w th�Prop�Ay wW
<br /> , ,.. � py Ih�TrwtM wlthout�ny�udlal�l procssdinp.Tru�tor npr�nq u�d w�rr�eq th�t thl� �oknowl�dp�m�nt wn�x�aul�d by -
<br /> "- T�u�for bNore th�aM�aullon ol M�Owd ol T�u�t.
<br /> . _ _ . �-_— -------�--,-1.-.
<br /> ; x
<br /> � � (Kenneth E. Shude,T�to. us end) __
<br /> T � ' '� i..� r. � �''=='�"�'.1
<br /> �1+.��,�+�l:;
<br /> ( fanne K.Shuda, Tnutor Wife) - ... .. �-..•-��--� �-
<br /> ., DEED OF TRUST WITH FUTURE ADVANCES ��q M,�_�_,��e�—
<br /> THIS OEED OF TRUST.is made as of the.�Atl�-daY a� �19-$1..bY and amony �F�.,'���.` "„"'',---��"
<br /> .r�YfG��DL�-!5��
<br /> • �-�ac-r_��.
<br /> w..ai.and and Wife k..�" ' ;��-`;4��-.---= -
<br /> tIN Trustor. .�,eh�Ln C �huda and Di nne K Shuda. • , • _���'naw�.��`
<br /> —L_'_—
<br /> — whoao maili�g add�ass i�:i"�°••�-rire�la f'.� .+d 141and._�1E___ (hore�n"Trultor:'whether one or morep
<br /> Ihe Trustee, ..F'�e ro�ni� 8ank a Nebrask�Cor�gr�tion • i�",'��""-'
<br /> Fi.i�;.','__—.
<br /> il1RxT�. --�
<br /> , • whose meuinp eddress�s p•O. Box 1507, Cr&nd (sland, NE 68802-150T �herem"T�ustee"),and r�,-,;,,r,y'�}-,�
<br /> 1�T:. .'�: .;,, •
<br /> � ti��"'' ' Flve Points Bank. a Benkina Corporetion . '� �' `�`� ':_
<br /> the Beneficfery, �' ' _ —�-
<br /> ' � ���' whose mailinp eddress la r �� tlox 1507 Grand Island, NE 68802-i 509 (herefn"Lender"�. � ;��'�
<br /> ; ;. : ,( �
<br /> ��:,,,,i,(.. . u.,....s�h G Sh�rla- . —.
<br /> �t'• �'� FOR VAIUABLE CONSIDERATION,includiny Lender's exlenslon ot credit ideMiried herein to .� _�,,:;,N.:.�
<br /> �;,;; h,�� ,;
<br /> " ' r��,�• {�Diann�K Shuda, Husbend& Wife (here�n"eorrower",rvhe�nei one or mae)and the Irust herein created, �;:;,_;;��t,�•'s,_�
<br /> �t��Y';f���1 the rece� t of which is heraby acknawledqed. Truetor hereby irrevocably grants,translers,canveys and asslgna to Yrua[ee, IN .,•.:{�5?:..�
<br /> • - - -�'�`� "'� TRUS?,:"1!T�POWER 4F SAlE,Mr t�+�beneUl and security ol Lender,under and aub�ect to the taima and conditlons her�InaRer aot � :.�; ,fi�r,�,9�{.��
<br /> . � ��;_� j ';� forth,Ihe rea�D►operly,described as lollowa: F the t ��'
<br /> ,
<br /> Lot Twent Three (23), in Le Heights Fourth Subdivision Part of the East Nalf +o� ' �
<br /> . .`. 'y,
<br /> '��,,r;;,,:,��;�' y'
<br /> . �t�; � . �••,,,;i,� . ,. �
<br /> .r�;i., , . „ ,��1i,;,� Northwest Quarter (E�SNWh) of Se�tion Eleven (11), Township Eleven (11) Narth, Range _ ` ``�S,'_:�._ i
<br /> ��,4';�.: ' �'.,;:,`,;�{':r:\ Ten (10) West of the 6th P.N. HaJ� County, Nebraska. . . ,�.�,�__
<br /> „ �J•,..''�" ':::1{�n i r� '. ,�`, -..
<br /> . �: s;:;�.:3 , ;:y�;►,s�.�..—.
<br /> 1 7rdS'-
<br /> Topether with all bufldinys,Improvements.Iixtures,streets,alle s.passa ewa s,easements, ri ts,privil ea and appurte- {�� �: i� +�• �* -
<br /> ,,�.y`.. Y 9 Y 9h e9 !�r;��,'r 1��;�;"
<br /> ��;�q�,ti;i nances located thereon or in an wlae pertalnin tl�ereto.and the rents,iasues and pralits,revarsione and remeindera thereof,end ' . , ��µ�,�.
<br /> . ` � ; ''� euch personel property Ihst Is attachad to the improvementa so as to constitute a lixture,Includmg,but not Ilmited ta,heatinp end 5 t_-°.�-
<br /> . ;';�.�. coo8ny equipment;and togelher with the homestead or merital interests,d any,which�Mereats are hereby released and waived;all ,. , ;�
<br /> ��"cF.4.�� ot which,Including replacements and additions thereto,ia hereby decla�ad to be a pan o11he real estete aecured by Ihe lien ot thls �; • -;.�
<br /> �•'�� � P�Y���
<br /> , �g�.'.�:, .r� Deed of Truet and ell o11he fOreyoinfl bein9 reterred to hereln as the"Pro � • :•.,c.,, . X-j�
<br /> ��1.'.'-' f;�i� .�._ �
<br /> � �" , ��.vr.+' This Q�ed ot truat shall secure(a)the payment ul lhe principal sum end Interest ewdenced by a promisaory note or credil � ,��, ; ,,,, _
<br /> , '.��s�:r':�
<br /> ' ' a�reement dated �r0� �4 �99i --.hav�ng a matunty date of �■•^��a* �� 1Qp� • . ';i:',�,;
<br /> '':`�'i:. , • . .;',•1r4)
<br /> '� ,}`��'��� in the orlpinel pnncipal amount o1� 6'0 000 00 ,end any antl all modit�cat�ons,extensions and renewals •.• � �,.;
<br /> ` • ' '�:�,�;. thereol or thereto end any and all luture advances and readvances to Borrower(or any of them d more than one) hereunder �����f,_','�
<br /> ? �r,` pursuant lo one or more promfssory noles or credit agreementa(harein celled"Note'1,(b)tho payment ol other sums edvanced by . `. ,
<br /> ��.�1t?.�-,. Lender to protect the securfty of the Note;(cl the performance of all covenants antl ag�eementa of Truator set forth herein;and(d)all `�.` .�..,,:•„� ••
<br /> ., . � ptesent and luture Indebtedness and ubligations of Borrower(or any of them 1'more than one)to Lender whether direct,�ndirect, •� S'
<br /> �� : :' t.�',1�.'':
<br /> 3 , ebaolute or condngent and whether ariaing by note,guaranry,overdrah or otherwise.The Noto,thfs Deed of Trust and any and all • i����� ;+;;,,���U�.�`«�• ,:
<br /> other docuents that aeCUre the Note o�otherwise executed fn connectfon therewdr.,mcluding wdhout Umftalion guarentees,eeCUrlry � ,,�• ; ''' •�r �''� �'
<br /> • F:.�.Y...:a�.
<br /> � '.�i,>��}`t, epreements and aeeignments olleases and rents,shall be reterred to herein as Ihe"LOan Instruments". , �' ��r,:.•. ,�
<br /> � � Trustor covenants and agrees w�lh Lender as tollows:
<br /> 1. Paym�nt ot Ind�bl�dn�u.Alt �nqeDtedness aecured he�,�by snau tre Fa�d when due. �:��' �'" '
<br /> 2. TNI�.Trustor is the owne�ot the Property,has the nght and autho��ty to convey the Proporty.and warrants lhat tne Ifen ,
<br /> � • orealed hereby Is a tfrsl and pno� I�en on the Praperty.excepl lor t�ens and encumbrancea set forth by Trustar m wntmg and , . .
<br /> � delfvered to Lender belore execut�or ol th�a Deed of Trust.and trp execut�on a nd dei�very ot th�s Deed of 7rust daes not violate any .
<br /> � ., contract or other oblfgetlon to wh rfi Trustor�s sub�ect
<br /> . 3. Taxe�,A�p�sm�nt�.To pay before dellnquency a11 taxes,soeuai a3s�essmenls antl a�i otnar charyes agalnst the Property
<br /> now or hereaRer levfed.
<br /> 4. IMUf�nC�.To keep the Property�nsured ega�nst damage by fire,hazards included wdhu�the term"extended coverege'.end
<br /> such other hazarde as Lendt�r moy require.�n amounts and w�th compan�es ecceptabte to Lender,nem�np Lender es an eddltfonal �
<br /> named fneured,wfth loss payable to the Lender.In case ol loss under such pollaes.the Lender�s aulhonzed to ad�uet,colleCl and
<br /> comprpmfse.all clalms thereunder and shall have the opt�on o1 applymg a�l or part o1 the insurance proCeeds 11)to any indebledness
<br /> 3@CUred hereby 0nd�n suth ordet es l0�der mny determme,(��►to the Trustor to be used for lhe repau Or resloretiDn o1 th0 Properly
<br /> or(ffl)for any other purpose or ob�ect sat�sfactory to Lender wdnout aHecttng the hen o'th�s Oeed ol Trust lor Ihe full amounl secured
<br /> hereby before such payment ever took place Any eppl�Cat�n.+o►proceeds to �ndebtednesa shall not exte�d or postpone the due
<br /> date of anv paYments under the Note.or cure any default tnereunder o� nereunder �..N.�.e�.
<br /> � �� 5. E�Crow.Upon wntlen demand by Lender,Trustor snau pay ro�enaer, m sucn rnannv�ao�e��ua��ay:.a�:'y:a::......••,-•-•••
<br /> • . aume to enable Lender to pay as they become due one or more ot the louowmg p►au taxes,assassmems and other chargea egainst
<br /> the Property,(if)the premiums cr �he prpperty msurance �eqwred hereunder,ancf����)Ihe premwms on nny mortgape insurenCe
<br /> . requlred by Lender.
<br /> � 8. MdnMn�nc�, R�pairs and Gompll�ne�wlth Law�.Trustor shall keep the property m good candi6on and repnir,shell
<br /> I promptly repafr, or replace any i~+nprovRment wh�ch may be damaged or destroyed;sttell nol commrt or permit any waste or
<br /> � detetlo�ation ol the PropertY•aha't r.ot remove,demol�sh or substantially aller any al the �mprovements on the Property.3he11 not
<br /> commlt,sufler or permd a�y actto Ce¢lone m or upon tne Properry in wolauon ot any iaw,ordinance,or regwation;and sna�l pay and
<br /> promptly dlscharge at Trustor's tost a�d expense ell I�ens.encumbrances and cherges lev�etl.imposed or asses8ed aqainst the
<br /> Property or eny part ihereol.
<br /> 7. Emin�nt Domafn.Lentler�s hereby ass�gned a11 compensat�on.8wards.damages a�a:.'�er payrr�ents ar re��e!rr.�er�:��aRer
<br /> 11 "Proceeda")In conrtect�o�w�th condemnaUO*+cr etre►tak�ng ot the Property cr pars shereof.cr tor conve�arc�e����eu e"c,:-sernna-
<br /> ' �t tlOn.Lender sha11 be ent.t�ec1 at its option to C�ommen;e,appear m and Orosecute���1y Own namB 2ny aCC.Cr ;,r�roCC�Q�n95.A�d'
<br /> shall also be endlled to�ake a�v cc-��e��se:-a�ettieme�t�n con�ect�ort�•r�s�c�•ak��cr da�age �r Crte evem a�y C�K�o^aT
<br /> � h�C Nl71Nw�pncwn,�a:6wea+or.+: 3d
<br /> , m 19N MMC.r�B�n.M Co��wc�' ia.a�r 5.r•�•p 4�ion11q1�l�ncW�N�b�M�
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