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<br /> .,;��, i " ACKNOWLEDOEMENT OF OEED aF TRUBT ��- 102 8 0 9 �
<br /> TRIJSTOR RBIW THiS BERORE 810NIN0: _
<br /> .. Tn�stor undKSt�nds tl�i Ih�doeum�nt thN Trwta N about W�x�aut�is�OMd of Tru�t�nd nW�maApq��rW th�t qN powa
<br /> � "�., •" �`t"�,•, of NN provldW for In th�Dwd of Tru�t providef subsnntially diftennt rlphb�nd obllp�Uon�to Tru�tor than�mortp�a In fh�w�nt _
<br /> , � ol�d�fault o�brMah ot abliplition undK ih�DNd of Tru��.Inoludlnp,but nat Ilmit�d to,th�I.�nd�r'�rlpht to Mw fh�PropKq�old =_
<br /> � _ ._..
<br /> ., �" by tM Truftw wlthout�ny �udlol�l procNdinp. Trustor ��pr�nb snd wrmnq that tha�oknowNqp�m�n1 w�s���ouad py
<br /> - ,_ - . . Trusbt bMon fM�nauqon ot qw Oaad ot Trua� � � --
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<br /> �:a'�..��r..;,� (R . H E N) Tru�tor
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<br /> �JCTY �. H EN N) Trwtor
<br />, ..:;?'���.�'�„�', � . .._ . • --__� -
<br />������ `���� ' ��� DEED OF TRUST WITH FUTURE ADVANCES _., ._.
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<br />•21�:� ;4;:•;=.- � � -
<br /> •�:M�• ' THIS DEEO Of TRt1ST,1�m�da as o�the._13thday of NJa�t ,1a�,—.4�end amonp -
<br /> �,��i •.�,,,� • e
<br /> _ q�Trustor.��VIN l�l. 86NN & JOY L. HBNNy pnawn�s� � WEEB
<br />: '�' :�"��~..�,;�,.� 68803-�91Z ��
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<br />= ' , `�,!'..-:�.�,.-i';; whot�matli�p�i� 172� W6ST JOHN Grand ISAdRqd. N6 (hM�in"�tus9or."wlwthov ona or neon� � _ •:-.�"_ '�_ _
<br /> ���'��� , �"��'.,.1 Five Points 8ank., a Nebtaska Corporatio� .
<br /> '� �� t.`• •;� ; th�Trusti�. R_ _�-; ..
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<br /> ..���;; ' .� • • Box 1 �ip7.� �;Sanc] Talandy NB f9802-15a7 _ (herem"Trustee"),�0 J'=.1.`.^:'._`:`"
<br /> .. �,. �:� ;�. ;;t;�',� whow mailirg�ass ie. ° °'
<br /> ti'�', ��� ` ,��,� :. me eanefleiary. Five Points Bank , __
<br /> `' ��. ,, �,�,i; -_
<br /> , .�•�`,. • .� w����������pP.O. Box 1507,, Grand Island,, NE 68802-1507 �har�ln"I.�ndar"►. ,___._.___.
<br /> �:�,;�.,a.�r �
<br /> . ?�r.�:�r�" � ' K�!VTN M_ FIF!NN 1C
<br />-• ��� ,. :+�Y;��y��:°, � . FOR VAE.11ABt.�CONSIDERATION,Includlnq Lender'e extenalon of credlt identlfied herein to
<br />- ..•'�'�;:.� . ° � . JOY L. HBNN, Huaband & Wife `�.,,. _.:�.-,:•. _.
<br /> (herein"Borrower",whether one or more)and the truet hereln created, �;�r-'���,_-
<br /> � .,t.''S1� • the rec�ip!of which is hereby ecknowledped,Trustor hereby Irrevocably grants,tranalere,conveys and esalyns to Trustee,IN �n� ' `h����-�
<br /> • - • TRVST,WITIi POWER OF 5Alk,for the benefii and e�ec:uriiy ot Lander,undar and subjact ta the iarms and condltlon�hor�l�attes set �''�"�""""'�"{� "
<br /> �Y�
<br /> : fon0►,the real propa►ly,descrlbed as follow4: � :;",��;��' �
<br /> � �c,..�r:'•
<br /> • LOTS 3IX (6) and SEYBN (7)�, IN BLOCK THIRTY-E�OUR (3A),, IN WA3MER'3 ``��;'�`.'�`:��;� �
<br /> ' � � �' � �' SECONO ADDITION TO THE CITY OF GRAND I3GAN0�, HALL COUNTY�. NE6RASRA. �'-'"°
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<br /> • ' . Topether wlth all bulldings.Im rovemenls,flxturea,streets,elle s,pasaepewe s,easements,rl hts,prfvlle es and appurte• ,14�R�_..:'
<br /> p Y Y 9 9 7.::�:�;���_
<br /> � � nencea located thereon or(n enywlae pertaining thereM,end the rents,fseuee and prolita,reverelons end remalndera thereol,and 'S ���:-'-•_,_
<br /> , '�l°�'� � . euch ereonal property Ihat la attached to the Improvements so as to constllute a Ilxture,includlny,but not Ilmlted to,heatlnp and �i`"•
<br /> ., p �?., M.
<br /> coollnp equlpment;and tog81her wlth the homestead or madtal interests,If any,whlch interests are hereby reteaseti and welved,ell h j;�?
<br /> • '+ , � • of whlch,Inaluding replacementa and addltlon6 thereto,Is hereby declared to be a pert of the reol estete oeoured by Ihe Ilen of Ihls =u_
<br /> ' • j � •� Oeed of Trust and all ol the foregolny heing referred ro herein as the"PropeAy". �t •�'�,...
<br /> - ° ° • Thls Deed o1 Trust ahell secure(a)the payment o1 the prinolpal aum and interest evldenced by a promb4ory note or aredlt ` ` �i°�
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<br /> . „ .'• ' apreement dated -1$FiX---13-a-�A1 ,heving e maturiry dote ol •T„nw 7 ,, 1 c1A6 � •
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<br /> �� � 54�400.00 +{',t��..y,__.::
<br /> ' • " in the orlpinal princfpal amount ol S ,end any and all madlticadons,extenUona end renewals :,.-.;--i �.-w-,�
<br /> •' ' � ,LAK i �.'_"��,
<br /> ,. . thereof a thereto and any end all future advancea and readvencea to Borrower(or any ol them it mae than one) hereunder . �;�l,'�'.��
<br /> � • � ;; purauent to one or more pramisaory notes or credlt agreements(hereln called"NWe");(b)the payment of other auma advanced by � ��••� • ••• —
<br /> , Lender to protect the security of the Note;(c)the perfamance of all covenants and agreements ol Truator set foAh herefn;a�d(d)all �:."",±:,',>..�,y.••_
<br /> . . . present and tuture Indebtedness end obHyatlona ot Borrower(or any o1 them II rnore than one)to Lender whether dlrecR indfrec� ;s,r�',��-';•"';=a:�`
<br /> . • ebsolute or contingent end whether arisfng by note,quaranty,overdrafl or otherwlse.The Note,thls Deed of Truat and any and all ��. '�-,n{�r;;�-
<br /> othe►dxuente thet aeCU�e the Note or otherwlae executed In conneCtlon therewith,Including wlthout Ilmitatlon yua�antee4,eeCUrily • • :i�--
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<br /> � � � apreementa and asslynmeMe ot leasea and reMs,shall be referred to herefn es the"Loan Inairumants". `i�'+���• �-• � • y,_
<br /> _ - . Truetor covenants and agrees wlth Lender ea toNOws: r���•,'�'��''� ,_
<br /> 1. Parm�nt o1led�bl�dn�u.All Indebtedness secured hereby shall be pa�d when due. �� ` '�� �
<br /> ., � 2. TItM.Trustor Is the owner of the Property,hes the rlght and authonry to convey the Property,and wa�rants that th�Ilen ��`�`�
<br /> . � created hereby Is a Ifrot and prlor Ilen on lhe Properry, except lor Ifens and e3ncumbrances se�fotth by Tru�to►ln wrlting And
<br /> •� � dellvered to Lender before executlon ot this Oeed ot Trus t,and the execuUOn and delwe�y ol thia Ueed ot Trust doea iot vfolate any � :1:
<br /> .,,. .
<br /> , canVact or other obllgatlon to whlch T.uato�ia subject �,1 .�
<br /> '' ',,;�, 3. T�x�t,M��ssmM�b•Tm pay befCre dellnquency�u taxes,speaal assessments and a��other charqe8 dgai�sl the Property +'�- : • �
<br /> 1. .
<br /> now or hereaker Ievled. '�
<br /> 4. Imwanc�.TO kl2Q!►�E�P�GPen1!�n9�l��ed agaena��amage by lire.hazards.nUutleC w�tn�n the teem"exfentletl coveraye".and ��.;;�' '
<br /> � auch othe►haaards as Lertder rnay reqa��e �^annouhts and wlth companies acceD�ble to Lenater nammg Lender as an eddit�onau !�ti'�,
<br /> � named Ir►sur4d,w�th lass payaQle to the�enUPr.�r•.case of toss under sucn poi�G�es.the Lende��g autno�:zed lo ab�ust,collect anC .
<br /> � •..�� ' • comprom�se,atl claims thereunder artd sRal +�A�e t�e�etwn ol apply�ng all or pan of the�nsurance C�oceeds(�)ro aa+y indebtedneas `,,,
<br /> � � sncured hereby and In wch order as Lenaer mpy tlete��n ne,f U to the TruBtor to Ce used for the repd�r or resioratlart or 1he PrOperty •,••
<br /> " � � � � a(IU)iar any other purpose ar ob�ect saa�slactory u �.entle�wdhout aflecUng Ihe 1�en ot th�s Oeed ot Trust lor the IuA.��naunt secured
<br /> � hereby betorQ such payment ever took place Any�pal��auon of proceeds to�ndebtectness snall not extend or postpone the due ,
<br /> . �u..� .. ,.Nnlo..lf Ihnrnundor nr horaundPr
<br />_ - - —- vaw w a��r i+�.r���.�s:,::a::-....,...._r c��e a^, ----..._ ,
<br /> ' � ; , 5. Ercrow.Upon written dem�nd by Lende�.TruE'�r Shell pay to lender,In such manner as Lentler may desipnete,suM�cbni
<br /> ' �• sums to enabte Lende►to pay as they become due oneor more of the follow�ng:(�)ell taxes.assessments and other charges agamsT
<br /> tl►e Property.(�i)th�prem�ums on the property msu�ance reqwred hereunder.and (ui)ihe prem�uma on any mortyaye�nsurance !
<br /> nquir�d by Lendar
<br /> g. Wi�NMthc�, p�psir� and Compll�nc�wlth law�.Trualor shell keep Ihe Property in good cond�tion and repa�r, shall
<br /> ' prompdy repa�r, or replaee any Improvement which m�y ue d�reged or destroyed: anall not comm�t or perm�t a�y waste or
<br /> dete►IO�dLOn o1 the PrOperty:shell not remove,demolish or Subsfant1811y alter any o1 Ihe�mprovemtnts an t�e Propetty.s►ia11 not
<br /> ' • " commit,suHer or permltany ect to be done fn or upon Ihe Property��v�alation ol any law,ord�nance.or reyulat�on.and shali pay and
<br /> �� �' promptly dlscharye at Truator's cost and expenae all I�en�,encumbrances and charyes levied,�mposed or assessed aga+nst ma
<br /> ' Property or any part thereol.
<br /> 7, Emin�nt Oomaln.Lender Is hereby asalgned all campensat�un,awarda, demapea and other pgymenta or relief(here�naRer
<br /> � "Prxeeds�)fn cOnnectlon with condemnatfon or other te kinp o1 tht+Prope►ty or part thereol,or lor conveyance In Ileu of condemna-
<br /> • tion.Lender fhall be en6tled at Ite option to commence. appeer in end prosecule m its own name any act�on or prxeedings,and
<br /> � shall eho be entltletl to make any Comprom�se or aetllemeM�n connecaon w�th suCh taklnq or damepe.In 1he ovent eny pOrtlon of
<br /> N�C7�71NayqKYXwNOMtl1�M 1O N '
<br /> O 1�M MNwW M�r a cein�vru t.u���ro s�.�np�J1�w�u�wn l,KO1n NW.■Y�
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