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<br /> --__ - �1CKNAWL�OQM�NT TO n��t� O��'FiUST � - -
<br /> , The underalpnod"Truator"ua IdentlNed�n the tallowlnp Dood ot T►uet,wl�elher one or moro,undereland thnt the dooument . _
<br /> -_ ' they aro nbout to oxooutA Is A Dafld of Trust and not e mo►tpapo, und that the pawe�ot oato provldod tor In tho Deod of T�uet
<br /> i providas aubstantlally dHforent rl�hte snd obllgetlons to the Ror�oworo then a mortgago in the event of a default or bresuh of ,
<br /> obllgatlon undor tho Oood of Truet,Inoludinp,but nut Ilmitod to, the Beneflolary's rlght to havo tho Proporty Identlfled in tho
<br /> � • . tollowing Qeed of Trust �old by tho T�uatoo �vlthout any �udlclal proaesdlnd. Trualor represente and �verrante that thls
<br /> '� Acknowlodgment wae exeoutod by thom betore the exaautlon of the Dead of T�ust herealter set farth.
<br /> �.A,,�;•1`(. ' ""` � �� � ��'���1� .
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<br /> ,,;�,,� Thomas M. Zulko
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<br /> ;'�'v: ,,• :�� L���+aL �.� `=--- ,
<br /> ;;� Dlary A. ullcoak ;�_
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<br /> _ HOME E�lU1TY LINE D�ED OF TNUST , �'� ��''�
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<br /> '�`,�� 19�...�betWee 1�omna M_ wnd�.x'� �- -.--�-
<br /> , � � THIBTRUSTDEEDmndethla..__�$Lt�dayof •[iuL � 302 �J. 12th Wood River � ��
<br /> 'Lulkuslci (Husband & �dif��relneftor cAll "Trustor",whoae malllnfl addrass Is� — � , ,�-
<br /> Arend R. BAQCIC _ , Attorney �et Low,whose malling addeas Is_109 N. Wheeler Ave. , � , i
<br /> as"Truatee";and Hvmo�vdetsl Savings and Loan Aasoolatlon of Grand Island,whoso malling addresa Is 221 South Lacust, '
<br /> P.O. Box 1009,ar�nd Island, IVebraska 88802,ae"Beneflolary". . ��3
<br /> .�a•��;'; � For valuablo conalderatton, 7reotor Irrevocably pr�nls,tranafera,conveys and asalgna to T►ustos,in irust,wlth powar of �
<br /> ',:,,,Y><:;•,�•,,� anlc�,for 4he benellt and security o�6anof Iclary,under end subJect to the terms and condltlons ot thls beed ot Trust,the follow• � � ,
<br /> ,., tnT�acx�] River ,N�+braska,to wit: � . '
<br /> �i ';� 4r�c�e±�,.ectipAd Qroporty locatad in .
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<br /> �-?�'' I,ot Seven (7), Block � (2) in the 1 st Addition ta the T��m now . ' �� `
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<br /> � :�;�,,.�.:, -- City Of krtZOd Eti.Ve.T� riall �aun'ty, ivebraa�d. - ---- _
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<br /> � togethe�with all bulldinga, fixtures, Improvamenls and appu►tenance9 tharaunta bs►onginq, at heing agreed that all of tho i �
<br /> � foregolnfl ahall b�f�erelnefter referred to as the"Property". � .
<br /> � FOH THE PU�F�aE OF 9ECURINQ�performance of each agreement and covenant of Trueto�h�~oln aontalnod and the pay- ; �
<br /> = mon�ct 1ho principal aum of ��' Thousand and no/1 v0---------------�------ Rc'.�ars(S�000.00 �, , . .
<br /> �`" • as eYiCencod by A Woma Federal Hom�Equlty Laan Agrsement between Truslor and Beneflclary(the"Loan R�g�e�mvnt"),pur• ! :
<br /> � �' suant to whlch Beneflolary wlli advence funda to Trustor irom time to tima at 1he Interest rates�nd upan the 4orma provlded � .
<br /> � � . tha�eln, together wlth any eum or euma of money wlth Intereat thereon whloh may hereafter D��aid or advancod under the
<br /> terma of thls�eed of Trust,both princlpal sum and Intereat thereon belny peyable according to th�terms set fonh In the Loan
<br /> �, . �.�. Agreement, roforence to whlch Is horeby made, af the of}Ice of ihe 8eneflr.fary In Orand Isiart�, Nebraska,or at auch other
<br /> � ' pla�coas Beneflalary may dosignata In wrlting.
<br /> � � TRUSTER AND BENEFICIARY COVENANT AND AQREE AS FOLLOWS:
<br /> - - :.�:.trae::;c!T6:!a Trustor le lawtu!!y selzed of the Property;hes good right and lawful authority to sell end convoy the Pra
<br /> � ` perty;the Property ie free and clear ol all Ilens ond encumbarances except Ilena now o1 record;and Truatar will warrant and do•
<br /> : ,j` }Qnd t�e tltle to the Property unto the Trustee and Its successors and aealgns forever apalnst the claims of all persons.
<br /> • s 2.P�ym�nt of Princip�l�nd Int�r�H.Trustor shall punctually pay the principal 01,and Intereat on,all advancea under the
<br /> ' Loan Agreement and wlll punatually perform all agreemenlA,condltlons and provislons of any other seaurity instrument glven
<br /> In connectlon wlth this transaction,
<br /> � 3.Prsa�ivdlon end M�Intsmncs o1 Propsrty.Trustor wlll not commit any waste upon ihe Property at wlll,at all tlmes,main�
<br /> taln the seme In pood order and conditlon and will mako,lrom time to time,all repalra,�onewals,replacements,addNlons and
<br /> " � Improvomonta which ere roasonably requlrod to prevent waste, Impelrment,or doterloratlon ot sald property. Na bulldinq or
<br /> I Improvament now or hereafter erecto� upon tha Property shall ba pltered, romoved or dem011ahod wlthout tho prior wrHten
<br /> consent of 6ane11clary.
<br /> �1 a.(n�unnC�.Tru9tot,at Its expense,will melntaln with Inaurers epproved by Beneltclary,Insurance with respect to the Im�
<br /> t provements end personal proerty constit�atlnp the Properly ageinet loas by fire, Ilghtning,tornAdo and othor perlls covered by
<br /> .� etandard extended coverage endor9ement In an amount oqual to et least ane hundred porcont of tho full replacement value
<br /> ., thereot,and In9urance apalnst such other hazarda and In euch amount as la customarlly carrlod by o+raners end operatore of
<br /> simllar propertles end ae Boneficlary may requlre for Its protectlon. Trustor wlll comply wlth such othor requlrements es
<br /> � Beneilclety may }rom time to time requeet for the protectlon by InnuranCe of the Interest o} tho rospoctivo pertie9. All Im
<br /> � surance pollcles malntained pursuant to ihle Deed ot Truet ehell namv Truetor and 8eneliolary as Insurode,As tholr rospocllvv
<br /> Interosle mey oppear and provlde Ihat thero shell be no cancellatlon or madificetlon wHhout fifteen(15)dt►ys prlor w�ltten r
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