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<br /> � .. . _ . � � � . A�KN0111tLEDE�EMENT OF DE�D OF._ ;_'E'RUSTt��..��.0��?��� .
<br /> . � , _ � ; _ ._
<br /> : �roR�Tws e�sa� - -
<br /> TiuNofu�at�r+d�awt�daxunmtttwtTru�lori�apouNQ�eubt�iONd dTnwtand eola moeqrp��d�ttbfpowr
<br /> ` ofsdtptortd�dtorintn.o..aoeTniscvro►!�aubqantl�NSrdNl�rmt�phbandobiip�monsaThrMorlh�namot�p.�nr�s.wnc
<br /> = o1�EdMulltab�MCbofobl�ionunarlh�OMdMTnt�LinClud�tq.eulnotUmiMdlo.ltNL�ndMfiriafrNot1aw11MProp�tltsold.
<br /> . by tl�TrurM�wilAOUt an!►Judk�l W'oe�d�-T�� warranb tt�at ihts i�n�nt was fz�cuyd!�r .
<br /> TruNo�b�k�Ih��aGUNan d tfM ONd ot Trust � ' , . , .
<br /> ' ��
<br /> . • , . . ` mea H. Car�a�or HuaE�aa@ . .
<br /> , �� � ,
<br /> . . _ . . ... ���tt A. Carla�� � �1�4�e .
<br /> � . . o�Q�iausT wm��uRE nov�cES . ... � : . . ..
<br /> —� TtI1S DEED OF?Ei(Jq��made as dthe_2A�1_da�t"+ Jul� ' � .t�9?-.b!►.snd smorg � �
<br /> � " TI�:;.Ay :�n:.,. �,t�„
<br /> �T .J es ;.� arlao .& Bett A. Carlacn. hnsband and wife each in hia, own
<br />__ right� . j.a ,spcqae of� other. . . ����� �
<br /> • ,�� ; 3 2 � er Ave Gr d islanci r°whe�her oc�s or
<br /> - . ��,;.��,� .
<br /> _ �T���,�� Pa�nts anie� A AIebraska Qornorat on .
<br /> --- - �� �rs P.O..Hoa 1507 G�and Island. NS� 68802 Q���Tr��se'?,ana. ,
<br /> . �.��I�Et:. . ... . , . � : _
<br /> - the 8ateflcia►Y►. F;ve Poin� f�ank - -- - � - �,
<br />��. w��r���� P..O: �Bor 1507. Grand Is1an8•. NS 68a02 �«��?.
<br /> . . ._ �p�y�1{.�1AEY.E Ca11LSll�ERATiS?iVr[nciudtns Lender's ent�ansion of credit tdenti�d herein to?ameS H: Carlson �
<br /> � fi BettY A. Car�soil• husba�nd aAd w��in•'8errower',whether one or more>and the tnist fierein crerated.,
<br />����`� fhe rocsipt o1 wtitch is tiereby ac►p�e�i�`�edQea.Tnutor hareby trrevocabty grants,tranatero,conveys artd assiqns to Trusles.IN
<br /> TRUST.VYITH POWER Of SAI.�forthe�eStandsecurity o!leader.under and subjectto ihe terms and contli�eits heref�Rar snt
<br /> itxth,lhe rsal properhl.descritied as tollow� . .
<br />�. :r
<br />__��, Lots Four (4� and F3ve (5)r Block Nine (9), Aest P`rk Addi tia�t��� the..:
<br /> ' � City of Grand Is�and� Aall Cauntiy• Nebraska. _
<br /> To�Mher with all bu��it►$s,impsovemenp.fixdcre;4.streeta,alleys.PassaQewalES.easementa r69hta.priv��eg�s anQ app�`rfG-. ,
<br /> ' �anCes tocatad thereon b�,i�i anywtse Re�taininp thereto,and the rents,issues and profits.rev8rsions and rema.Tx'teis���
<br /> suCh par�o, 1 property t�1s att�cFaeO ta the improvements ao as to constitute a flxture.includinp,but not lim�ts.heaertg an0
<br /> cooi(np ey i �m nt and tp�d,jer tivitts trtehdmestead or marltal interests,itany.whlcb interests are hereby reiease�and rraived:all
<br /> . of whictt.i�t��np repta��rg��a{idf a�ditions thereto,is hereby dectared to 6e a part of the real estate aecured�Sy the fiert ai�s .
<br /> Oeed af t�ust an�all o(�, ;t, , oirtg being referred to herein as the"Property".
<br /> ' . This Oeed of Trust st{����ure(a)the payment of the principal sum and lnterest evidenaed by a prom�ss�ry no'e or cre0it -
<br /> ���t�� Julv 2. 1991 having a maturiry date ot Jv1Y 2� 1997 =
<br /> • 1n the arlyinal prfncipal amourrt oiS �I�-���-�9 .and any and all moditications,extensions ana�er�w7ls -
<br /> . � thereof or thereto and any and all futura advances and readvances to Borrower(or any oi them i1 more than one)fieraunder
<br /> - purswnt to ons or more pramtasory r►otes or creditayreements lherein catted"Note"};(b1 the payrtsent of other aums advancec!by
<br />_- Lander to protaclthe aecurity ofthe Note;(c)the pertormance otail covenants and agreements otTrustor setforth hereln;ana(�all
<br /> • p�esent and future indebtedness and obOpatio�s of Barrower(or any o1 them N more than one)to Lender whether direCt,iedireCt,
<br /> absotute a aonUnyent and whethe►arlsing by note,guaranty,overdratl or otherwise.The Note,this Oeed of Truat and any and all
<br />-- ott�erdocuenbthatfacurslheNateorotherwiseexecutedinconnectiontherewith,incfu4ingwiihoutlimitalionguaranteae.aecurily .
<br /> _ � eyreamenb and aasi�n�,ents of ieases and rents,sha�l be referred to herein as the"tAan Insbuments'. �
<br /> ' ' __ Trustor cnvenante anA egrees with LerKlar as toflows:
<br /> - - -. 1, Pa�n�nt M Ind�bMdnNS.Atl lndebtednes�secured hereby shap be patd when due. �
<br /> '� k. 2.Tillr.Truator is the owner of the Property,has the right ana authorlty to convey the Prape�ty.and vvarrants that,ihe lien • _
<br /> ' created hereby i�a flrot and prior tiers an the Praperty,excepi tor Uens and encumbrances Fet torth by Trustor in wri�rtg and .
<br /> ,: i„ dolivered to Lender tietore executlan ei:�is Oeed of7rusf,and the execution and dellvery of thr�Dsed of Trust does notviotate any
<br />-_ ' contract or other obll�ation to which trustor is subjec�
<br />. 3.Ta�.At�nMnb.To pay betore detinquency aQ taxes,special assessments and aq othe�charges against the PropeAy •
<br /> . . . now ar hereafter Ievled.
<br /> •` d, in�wanc�.Tokeep t�e PropeRy insured against damage dy tire.hazartls lncluded within the term"extended covera9e'.and
<br /> ��' euch oU�qr ha7�rds as Lertder may require.in amounfa and with com.panies acceptable to Lender,naming Lender a�an adCiLanat •
<br /> '• nama0 i,�urea.with los�paya6fa to the Lende►.In case of tess urae:�such poucfes,the Lender is authorized to ad)uat eettect�.�d
<br /> �,. compro�se.8ll cteirr� in���uqd8rend shatl have the o tlon ot appiy�ng sil or part,nt the insurartce proCeeds(i)toany indertetr:ess ,
<br />�� . . � secured hereby end(�aM�t�or�er as Lender may Q���( ��e,(ii)to the Trustor to hA l��Qd for the repair or restoration Of the PfO�Ay _,
<br /> . ��. or(l i i�torany o t her pw;�Q�,o,r o b t e c t e a U s t a c t o ry t���,��t.w i t�}o�f a/{e c t{p g t h e y n q f t l►►s O e e d o l T r u s t f o r t h��uu am o unt se c ured
<br /> h a r e b y b e l o r e�u c h p a y r h e n t e v er t a ok place.An y a p�f cation a t�q�d�eetls to In�e6tedness sha��;not extend or pos�one the.,d,ir,e r .
<br />. . dab of, , ,paymente under the Nate or cure any deiault thereu���r,or hereunder. -
<br /> �� 5 Upon wrltten aemand by Lender.Truator sha�l pay to Lender,�n sucb manner a�,4enaer may desipnate,su((j�i�n�
<br /> ' " � . sums�o� � �LanEattopayastheybecdmedueoneo�moreolihafollowing:�i}atltaxes.asses�r�entsan�Qthqrehargeseqa�n's!
<br /> ' • ���: the PropeAy,pi)the premlum�on the property li��yzance required hereunde►,and(iii)the premluma on a��r.mqr,fg�insurance ..
<br /> - ----. - -• requlred by Lender.
<br /> , ''"''�" ' ' 6, Yawfl�nana�1t�paksan�C�o�plisne�wHh Laws.Tru�t r shall keep the Properql in good condition and repalr,shatl
<br /> '�:.'��� pranptty tapaU,or roplaCe any(�iq�cvement which may be da�taged or destioyed:ahall not commlt or permil any waste or
<br />• dslerlorallon of ths Property:ahall not remove demoll�h or substantislty atter any of the improvemenb un the PropeRy;�fi�,tl not
<br /> � „ . commil,sutNr or pennit any actto be done in or upon the PropeRy!n violaUan otany law.ordinance,or re�utatlon:and shale pay and
<br /> , -�- � prampUy discha�e at TrustoPs cost and expenae aI1 tiens,encumb�ances and charge�fevied,imposed or�ssessed agalnst the
<br /> • ��-•;,;-��, � P�ap�tY a anf►Part thereof.
<br /> '''��="`.=° eby a�.si�ned all campen9ation,award�,dama�and other paymanis ar��ellel(herelrtatoet
<br /> �;_�;.,.�,,,._ 7. E�Mn�M Dae��tn.Lsnder i�her
<br />. _ -;{�y—F- _ - _••�(Q���"ff��p�fipt� • ' ort�Ih6PfltitinyGtftt6Wap@1t�MP8itttiBfeOtO�lqFC8t1s�&ystlCB�l2CUGf�tslAd- _
<br /> . � � , tion.Lender shall ba entitled at it�optlon to cammence,eppear in and praseeute in its own name any aeHOn or prxeedingl,and
<br /> ; • ��;�,.� ef WI dso bs anUUed to make any eompramise or aettle�nent in connectian wlth auch taktng or�amage.tn tne everttany pordon ot
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<br /> O t!M MMr�YiMdC�ewerT�u�atiEurytAronwir�,luinYr.NriaMu
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