|
__ .. ,
<br /> ,:. - — —
<br /> � -,— -
<br /> _
<br /> � , ,. .
<br /> � . __�: -_..s:..-.
<br /> ;.N � •
<br /> L��. '� lOS'7'7'4
<br /> ACKNOWLED�iEMENT OF D�lD OF TRUBT �g�•
<br /> r�usTOw A�►o�s■�oqe e��:
<br /> TiuMw u�nda fh�t ItN doounMnt Ms�t Ti�uWor b�bout to uc�aub I�a ONd of Trwt and nd�morlp�p��nd thtl IM po�w�r
<br /> M al�p�ovid�d br In th�I�d of Trwt{xovldN wbtt�ntl�lly difhrmt Npha and obllp�Man�b TruMor th�n�monp�p�In tht�wnl
<br /> � of�o�a It ar bn�oh of obllp�qon und�r thr ONd ci T►un,Inoludlnp,bul not Iimll�d to,tha L�+d�r�rlpM to h�w t!a Prop�rty�otd
<br /> �i�M�o�bMor�IM�x��ud ri o�f Ip�pDMd a Tro�t rwtor r�pru�n4�nd �nb thtl Ihl� tbp�m�nt wu�wauMd by
<br /> (i P
<br /> � tor CY H(fPP
<br /> DEED OF TRUBT WITH FUTURE ANCES
<br /> TNI�S OEED OF THUST,b m�cM aa af th��TIL.d�y ol -�y .19�..b�►�nd anwn�
<br /> th�Trwlvr. CRFG'' AUPP AND NANCY RI1Pp� BIJSHAND AND HIFE �
<br /> 1818 LINGO�.A1 h�W7l W. GRAND ISIAND. �IIE 6a801
<br /> - wtws�maUNp add�e�t b ,p10�elaa"7�ualor,"whelt+er qrre a�more}, -
<br /> '�}:. •
<br /> `�" � n�:•.. T AREND R RAACK
<br /> y. • ;ry„1�t`��1�� �\�� �
<br /> _. � .`I W )��l}�_"(�
<br /> � 14�
<br /> y 'iS" '`i,r�t'y";�{��f���'"�' P O BiDR ��1 GiFL�1.�Di ISI.ANQ)�NE 68��'�' Q116r�9171"1'P40t9e")��UM
<br /> ;� �{1;`.� �� wltoN mwilinp addra=s i9
<br />;.r.� ��1{t,14,, f
<br /> �'�` 1Pia Benoitciao�. � •�i",E1R➢AND NATIOI�AII. 8��.`iK mF GRe1ND ISIIAN�
<br /> :�` ���i:ii�li • � ��: � �'
<br /> . ���, `Y'��4�: whote mailin�addrew is.P-� Anx 1688 G aum a .!t?n. u� 68802 (herain"Lendsr�.
<br /> FOR VALUABl.E CONBIDERATION,Inoludlnp Lender's axtenuon o1 credit identllied hereln lo GREG M1PP AND
<br /> •;.� NflNCY HUPP. BUSBAND AND wIFE (herein"8orrower",whethar one or more)and ths truet har�ln arMbd,
<br /> ths�ecNpt of which 1�h�r�by�cknowl�dped,TruNor hsreby Irrevoc�bly qranb,tren�isn,conveys ond aulpnt to TrustN,IN
<br /> TRUST,WITN POWER OF SALE,for the b�nefit and waurly ol L�ndu,und�r�nd wbjsct to th�t�rm�and co�dlQons h�r�lndl�r wt
<br /> torlh,tM rNl prop�rt�r,daarib�d n foNowr.
<br /> ��s� FMCTIONAL LOT SIX (6) tN FRAC^1IONAL BIACK THiiEE t3) II3 KERiVOFtAN AND DECRER ADDITZQK
<br /> '" TO TIIE CITY OF GRAND ISLAND• �IALL COUNTY� NEBRASKA� AND AT.L UF THE PART OP BROAD-
<br /> WL'LL AVENUE. LYING SOUTFI OF TliE SOUTHERLY LINE OF THE EAST AND WEST ALLEY IN BLOCK
<br /> 'r �°�11�'�`�►R6VdiffBTlb��83,at�ieri:311e��a.�� �i�r�-i`O�g� ��1 Jv$'��d pp�ASRA� -
<br /> • Topsther wl a ull I pe y ,ea�emen ,rip ,pr epea en e urte•
<br /> �.: •�? nenaes locetsd the►eon or in enywlte pertelnlnp thereto,end the rentt,le�ueo end proNto,reverefon�and remeindere thereol,and
<br /> � .,.• � suoh penonal property lhet le atteched to the ImprovemeMe so a�to conotltute a NxWre,inoludinp,but not Ilmited to,heatinp end _
<br /> , �'�':�"`� `� coollnp equlpmen�and topether with the homestead or marltel intereata,ilany,whiah interosts ere hereby reteaeed end weived;all -
<br />' "=�°"•�'"��"�-ti ol whiCh,inoludlnp replecements and edditfons lhereto,le hereby declered to be a perl of the real e�tate oeaured by the Iien of thi� _
<br /> Deed o1 TruK and all ol the forepolnp belnp refened to hereln e�the"PropeAy". -
<br /> ��!' `��� •°^���j' Thl�Deed of Truot ahall eecure(a)the payment ot the prfnclpal sum and intere4t evldenced by a promiseory note or oredN !�
<br /> .�...
<br />" �r , apreemeret deted JULY 7. 1993 __`.,having a matur�ry date ol — J��y 1. 1999 `
<br /> '.���«.»�; � • -
<br /> ; .�,�,,r:!r;.;,;;<>`.�,:;'t, c`� In the odglnal prUclpal amount of 5 25.000.00 ,end any end ell modNioations,exteneipns and renewals _
<br /> �?"{ip!�.4.:�ti, thereof or the�eto and any and all lutura edvancet and�eadvancea to Borrower(or any ol them N more than one)hereunder f
<br /> � �� "� punuant to one or more promissory notes or credit ag�eements(hereln celled"Note");(b)the payment of other aum�edvenced by _�
<br /> ��;�t y �,. ,�r. Lender to proteat the securlry of the Nota:(c)the peAormance ot all covenants and agreements of Trwtor aet forlh hereln;and(d)all
<br /> •��� •�� ` preaent end tuture indabtedness and obligetiona ol Borrower(o�any of them II more than ona)to Lender whether di�ect,indirect
<br /> - �ti �t � abaolute or conUnpent and whether arising by note,puarenly,overdreft or otherwlae.The Note,thfs Deed of Truat and any and all
<br /> �''` ' � �'�` ��"y other doauents thet aecure the Note or otherwlae executed in connectlon therewlth,Including wllhout limitatic�n guaranteas,aeauHty �
<br /> ;r':J-; ,,t. .-�:
<br /> • , ° epreemente and aeaipnments of leaaea a�d rents,ahall be referred to herein ea the"Loan InatrumenW".
<br /> s " • Trustar covenanta and a�reea wNh Lender ae lollows: _
<br /> ����• ��� �. 1. P�ymMft ol lnd�bt�dn�u.All Indebtednesa seoured hereby ahall be paid when due.
<br />�� ' F,.:,.�, 2. TItN.Truator Is the owner o1 the Property,hes the right and euthoriry to convey the Property,and warranta that the Ilen _
<br /> L' � �,i,y;'�."�• created hereby l8 e Ilrst end prlor Ilen on the Property,except lor Ilene end encumbrances set lorth by Trustor In wdtinp and
<br /> ;� '' ' delivered to Lender beforeexecudon of this Deed o}T►ust,and the execuUon and detivery ollhis Deed of Truet doea not vlolete any -
<br /> oontreol or other obllgation to whlch Trustor Is sub�oct. �.
<br /> 3. T�xa,An�nl�nb.To pay before delinquenoy all taxes,speclal aesessments and all other oharyeo egeinat the Properly
<br /> now or hereaker levled. :
<br /> ` 4. Insunnc�.Ta keep the Properry Insured agalnat damege by Nre,here�de included within the term"extended coverage",end i.
<br /> � such other hezards as Lende�may require,in amounts and wi�h companles accopleble to Lender,naming Lender ae en addltfonal �
<br /> :�u:.;a. named Ineured,with loaa peyable to the Lender.ln cese of loaa under auch poliaies,the Lender fs authorfied to adjuaL collecl and F'
<br /> • :�L":+` ,� � � compromlae,all Clpims thereunder and shell have the opllon oi epplyinQ all or part of the fnsurance prxeeda(q to any Indebtedneao �•
<br /> . i-� `� '�°"'' �••� secured hereby end In such order ae Lender mey determine.(U)to Ihe T�uelor lo be used for the repalr or restoration of the Property -
<br /> __ ','�;s�^.:�'�x':'��:.:;..� w(111)for any other pu�poie or object setislactory to Lender without eMectlrp the Ifen ot thiE Deed ol Trust tor the lull amount secured �
<br /> �..;. �+'.:����, • henby before wch payment ever took plaoe.Any eppllcation ol proceeds to Indebtedneee shell�ot extend or poWpone the due
<br /> •-°,.;i� �'�'.'.'�^. •�`�~� dab of eny paymenb under fhe Note,or cure any default thereunder or hereunder. �
<br /> �" � � .,: b. B�orow.Upon wririen demend by Lender,Truator shall pey to Lender,In auch menner as Lender may dedfpnate,euNlcfent -
<br /> � _ I u.�I����..���.i�������..�� J�W���1.'�� 1��� {
<br />..- . --__.._.. ..._ . • . .
<br /> -- , sums to enebie�enaer�v pay a6 iiroy irouui�ro uuo vi�n u��i�vie'v����e w�wwo�y.���a��w�ee,oe0006���0��.o a��...,.��o��.ua�yb6 oya�ua�
<br /> ", � �+ ,.��`"� the Property,(II)the premlumi on the property Ineurance requlred hereunder,and(III)the premlums on any mortyaye Insura�ce �
<br /> ..� �.. , ti^L.•.. .•,...
<br /> , .,,,� _ . raqulrod by Lender.
<br /> -'Q�a �' ,
<br /> 8. h1alnMmna�,R�p�lr��nd Compll�na�wllh Law�.Trustor ehall keep the Property tn pood condltian and repelr;ahell �•
<br /> : _ ` V+r q.�pi�',� �>>�'� promptlp repalr,or replace any Improvement which mey be dameged or deatroyed; ahall not commlt or permll any waete or �
<br /> - ---_°•�_�-�"=';i.:�:. ,!��, deterlor�tion of the Pro y y �
<br /> '�, perty;ehall not remove,demoltah or eubsbntlall alter an ot the imyavementa on the Property;shell not
<br /> �,;,;';�{��5�1���;;;;;;,�;y�� oommlf,wfler or permlt eny act to be done in or upon the P�openq m vlolation o1 any law,ordinance.or re�ulatlon;and ahall pay and
<br /> ._ � ' a,���i���gi;;. promptly dl�oharye at Trwtor's coat and expenae a11 I+ens,encumb�ance�and charyes levled,lmpoaed or asaeeaed apainet the �
<br /> '��-�',��',�j;". ,��}i����r��;;}���i.�`',;; Property or any pan thereot. !
<br /> -- --"—'a. �• r ���;.�. 7. 8ntln�nt Donwln.lender la hereby aeaipned all compensallon,ewarda,damagea and other paymente or rellef(herelnatSer ,
<br /> •��` �.,�;, .Uy��;, ;, y.; "ProCeeda'�In connectlon wtth condemnatlon or other takinq o1 the Property or part thereot,or tor eonveyanCe in Ileu o!condemna- ;
<br /> � i,��:� � tlon.Lender ehall be entltled at its option to commence,a pear In and rosecute In ha awn name en actlon or roceetlln a entl f
<br /> '�, ,�t..�,v,�:�,:r . P P Y P 9 � 1
<br /> , shall aleo be eM1Ued to meke any compromise or eetllement In connection wNh euch teking or damepe.In the event eny portlon o1
<br /> � �_ -�:: �,y�.M,'�'�. N�C 3/671MwrWacunuqi G�edl p�v tDiq �i `.
<br /> • Y',',��Tt ��l�t.� .��. . .-,; O/M�NMIO�wI b�M M CanmNU T�wf MM 9Mnps/Utoelalbn.lircWn.N�b�flu . . �,�
<br />. �
<br /> }�L �.� �
<br /> � .R.D'+. •.° �. " ' - . "-
<br />
|