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<br /> ACKNOWLEDOEII�ENT OF OEED OF TRIiBY
<br /> ,rnu4Ta�a�►u n«��a�sroMw�: � � g3. 1Q�•�9
<br /> Tn�und�M�ncMMNMN�doounwntN�tTrwtor I��boutb�aouN I��o«a aTn,.�.na�•�n«�..�wwar+.p�
<br /> W�N prwldw!ta In 1M OMd ol Tnqt provklM wbNenW�h►dNNr�nl►Iphb�nd obll{N11on�to Truqor tlNn� In MM�t
<br /> oi�f�.i.wea en�chaqab.aon una►a,.aa aT�wr,ir+civain�,a,�naumiaa a,en.�«�d«�•�ta h.wi�.°��►oo«h►.oa
<br /> by tlN TruMN wilhoul�ny ludbl�l proaNdlnp,Trwlor npn�nM��nd wa�b th�t thl��oknowl�dprrt�l wM�x�auMd b1►
<br /> TNMO►6�IO�r�My0uY0�1 d IIM ONd 01 Truq. n r �
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<br /> � R Cronk � Mtt�
<br /> DEED OF TRU8T WITH FUTUiiE ADVANCES
<br /> THfB OF.ED aF TRUBT,Is m�ds As of th�_Z�od.d�y oi J�- ,19�.by�nd�mo�p
<br /> _ eh�TruWOr, i.i � Cronk � Li•n� � Cr . t►wb�nd u�d �1�� ,
<br /> _- whoa mslUnp�ddna�Is 28�6 Pioa�r Blvd Gsand I�l��rNn'Tru�to!wM�l-�J9����
<br /> - -- a�Trusa�� Bivf point� Y�ak. • li�bra�k� Corvor�tion ,
<br /> --_���;� whow maiAnp sddreu I� P.0. Box 7�si9 Graud I�l�ndr MB 689i2 �h�rain"TrustM'7��nd
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<br /> tlw Ban�tlolary� �iv� Po;lnt.� 6�k .
<br /> whow mqllinp�ddrea Is ,Zl1� � �'ad�tll Grand I�l�nd� I1B. 68A02-1307 (h�r�in"L�nd��'�.
<br /> � FOR VALUABLE CONSIDEfiATION,inaludinp Lender'e e�ctenaion of aredit identlfled hereln to�ifl R Csa1k
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<br />=-=" i J�yen Q Cro� _ (hereln"Borrower",whether one or more)end the huat herefn creatod,
<br /> the tecNpt of whlch te hereby acknowledQed,Trustor hereby Irrevxebly grante,transtera,conveys and as�igna to Truetee, IN
<br />-�> TFiUST,WfTH POWER OF SALE,for the benelit and secuNry of Lender,under and subjeat to the terms and condldon�herelnoitor wt
<br /> -' — fohh.the ral property,de�aribad ao to110wo:
<br /> :`� Lot Piw ls1, 1�� Snbdivi�i.aa� in t1w CiEy o� �r� I�l�d� Ha21 Cawatq,
<br /> -;,, N�Dra�lta.
<br />'.,..
<br /> _ Topether with all bulldinga,improvements,fixturea,�treeta,alleys,pesseyeways,easementn,rf�hts,privllepee end appurte-
<br /> nenc�e bcYted thereon a fn anywise pertalninp thereto,and the rents,Issuea and prolita,reversions and remalnde►a Ihereot end
<br /> such personal praperty thot is atteched to the Improvements so as to conatllute e Ilxture,includfnp,but not Iimited to,headnp and
<br />� coollnp�qulpmen�and topether with the homeetead or marltal intereata,fl eny,whfch Intereats ere hereby releaeed and walved:all
<br /> • of whfch,includinp replecementa and additlone thereto,ia hereby declared to be e pert ol the real estate�ecurtd by the Ilen o}thi�
<br /> Deod of Tn�t��d aq of fhs lorepolnp bainp rebrred to herein�s the"Propery".
<br /> - � Thl�ONd d Tru�t shall oecura(a)the peyment of tne principal sum and intereot evldenced by a promiitsory note a aredfl
<br /> . �....,� ; ay�ssmmt d�qd Jn1T-2Zad L94� .hav�np a maturity dete ot Aua�ut !st ?Ai8 ,
<br /> . �1`,p 136.�.�Y
<br /> , '.-�� in the oriDin�l phncfpal amount ot S ,and any and all modilfcedons,exteneiont and renewal�
<br /> •�. .�r;'?.� th�roof or thereto end any and all future edvancea and readvancea to Borrower(or eny of them If more than one)hereunder
<br /> �r;;�.•?'`�'�`-r;, punuent to one or more promleaory notas or credit a�reements(herein called"Note");(b)the payment ol other suma advanced by
<br /> '� '-'�'� ' Lender to proteCt the aeCUrity ol the Note;(c)the pe►formance o1 all covena�ta and agreements of Truator eet forth horein;and(d)all
<br /> '�° " present�nd future indebtedness end obUgeNons ot Borrower�or any ollhem If more than one)to Lender whether dlrect,indirec4
<br /> .,.;.. .
<br /> ` `~' .:•J absolute or contlnpent and whether arising by note,gueranty,overdrafl or otherwiae.The Note,tnis Deed of Trust and any and all
<br /> '�+_:; ..
<br /> other dxuenb that secu�e the Note or othe►wlae executed In connectbn therewith,including wlthout Ilmitetlon yuarantees.�eauriry
<br /> .ni:;• aynemente and�salpnments ol leaaes and renta,ehall be reterred to herein as the"Loen Instruments".
<br /> -- � •• ��-p•� Troitor covenanus and apreea with Lender as totlowe:
<br />=_`�,: ,.,-:.,•. �'" 1. Parin�nt o1led�btMna�.All indebtedness secured hereby ehall be pald when due.
<br /> .�" 'r��''�r� 2. TIfN.Truitor la the owner of the Properly,hes the rfpht end aulhority to convey the Propetty,and war►ante that the Ilen
<br /> , creited hereby ie a 11rat end prior Ilen on the Properly,except for Ilena and encumbrances set forth by Trustor fn writing and
<br /> . �'-���e�i�,.�_.�r:_ ' dellvered to Lender bebre executlon of thls Deed of Trust,and the executlon and dellvery ot thla Deed of Trust doea not vlolete any
<br /> ' °�w�r•���� � ' coMreat or other obligaGon to whlch Truetor ie sutsJec�
<br /> ' ��'���° "- � 3. T�xN,As�n��nb.To pay betore dellnquency all texea,epeclal aeaeeements end ell other charqes apelnat the Property
<br /> ;1;' �+ nqw or heraaRer levied.
<br /> � '� � '' 4. Insurana�.To keep the Property Insuredagelnatdamege by 11re,hazarda included within the term"extended covere9e",and
<br /> � r"-'�� � such ofher hazards aa Lender moy requlre,In amounte and wlth companles eccepteble to Lender,namfnp Lender as en addiNonel _
<br />_ :'��,.. -Y,;
<br /> ^ .�.<.�: .;�;.�,.: named Insured,wlth losa peyable to the Lendac In cese of loas under such poticies,the Lender fe autho►fzed to ed�ust,collect end =
<br /> '��� ' �'�l�r� ,, `, campromiee,all olaims thereunder and shell have thn opdon o1 applying ell or pert oi the inaurance prceeeda(q to any Indebtedneea _
<br /> : �';�;���`::=-�, seaured hereby and in euch order ae Lender mey determfne.(H)to the Truetor to be used for the�epair or roatoratlon of the PropeAy -
<br /> '�''��'�U:�°`'"�`:` or(Bi)fa any othe►purpose or obJect aetlsfectory to Lender wfthout atlecting the Ilen of Ih�s Deed ol Truet for the lull amount secured
<br /> � 'j� r ' hsreby beforo 4uch payment ever took place.Any appllcetlon ol proceeds to fndebtednesa�hall not axtend or postpone the due
<br /> -,:,"`� da0�W�ny peyme�te under fhe Note,or cure eny default thereunder a hereunder.
<br />_� 6. Fsorow.Upon w►itten demend by Lender, Trustor ahall pay to Lender,in euch menner as Lender may dealpnate,sutlicient
<br /> ..`. �..��v���t•����J�����..��M.�..�.�����J..������������Y.�/�II�...���.i:���I�..�� �����������rJ..M.���L������ l��
<br /> --- - -- �YIII�W nIW10{�1Yt�1 W�1Or Yr UIO�VOVVIIRi VVO VIIb W IINIO VI���OIVIIVw��ro.���011{OI�{t����OV�>IIIVIIIO�IIV V41{t1 yllwl�(aOyY��1�\
<br /> �' ` tM Prope�ly,(il)the promlumo on tha property Insuranco raquked haraunde►,and(Nf)tho premiuma on any mortpaps fmunnca -
<br />-` _2" ►pulnd by Lendsr.
<br /> ,s_ � � 8. WNIM�Mic�.R�M�nd CompWnc�wflh I.�w�.Truator shall koep the Property In qood condifion and repalr;ahall
<br /> - � ''� '��'���`� prompUy ropalr.or repieca�ny Improvemant which may be damaped or deatroyed; ehell not commlt or p�rmit any weate or
<br /> --�•_Y-��:��.s�•., • dNeriandon of the Properiy;shall not remove,demolfth or aubatanUally alter any o}Me fmprovements on the Property;�hall not
<br /> ����;�=• commit suffer or pom�a eny act to be done In orupon the Property In violaUon ol any law,ordinence,or repulatlon:end ehall pay and
<br /> -�,� • prompty dl�cha�pe d T►utta's cost�nd expense NI Man�,�ncumbr�nce�ond charpes Isvl�d,hnpaQd or aasa�sd aQaln�f th� -
<br /> -— ,�i'� 'r``'��'°�' � Prop�rry or�ny parf th�roof.
<br /> �' ;�'",�`"
<br /> �"'11s.:.�::;�;� � 7. EenNNnt Danaln.lender b hereby�sslpn�d all compeneaUon,award�,damapei end othe►p�ym�nb or reNel(hsrefnsAer
<br /> ---�`=''"' � - "Procsrds")in eonnaotlon wNh cond�mn�tlon a otMr f�klnp ot ths Proparty or pprt thereof,or tor convsyanc�In Ileu ot condsm�- -
<br />�r � ,°. ,:•. tlon.Lender shell bs entlUed at Its opUon to commenc�,appear in and prosecute►n Its own n�ms sny acUon or proc�sdinp�,and
<br /> � shdl alw b��ntlded to m�k��ny compromlN or qpl�n�nt In connecUon wllh wch hklnp or demd�,ln the�wnt�ny portlon of
<br /> .•*e�'+ " IMesa7Me�r0�Mi.NO..�l1..toi�s
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