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<br /> . • ACKNOWLED0SM8NT OF D�ED OP TIIU�T
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<br /> d�M.poridrd brin ri�DMaI aTiwt providM wbwinWN�►dlfN�w�t Mphb�nd obNpM�o�N lo Tn�Mo�MMn. b Ilw wwM
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<br /> o1,�d�ilt p�brMOA a�l obN�Mon und�►tf�OMd d Ti+�eL Indudl�p.bul�►Ot IImIMO b,lh�LN��rlpM W A�w �rop�rty►�old
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<br /> . �NOf.D {�N Truqo�
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<br /> DEED OF YRUST WITH FUTURE ADVANCEB
<br /> THIB DEED OF'iEiUST,4 n�d�u of the 22 �y d �71JLY .� �p a by�nd��p
<br /> � 11�T��b►. #1i�1.D l�Bt�l 11� LIi�I! W0�1 �
<br /> ---- w��ny,iWnA+�dd►MS ia 2470 OYfiRl�1[�D SRAIL CI[t�.B. G[tAaD_ISi.i1tA I�;��TruMOr."wlwlw orr or n�aN.
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<br /> -', Ihe TruqN� •
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<br /> -� .����, whow m�iliop�ddrsss is P O BOD[ 1507� GR11[�ID ISLAI�, NE 688D2-150y (herein"Tru�"►,and
<br /> `:.` FIVE POI[�Tl'S BAivI�+
<br /> "" tl�B�IiCi�tY. •
<br /> ��� , P O 80X 1507 C�i11ND I3t.AND NL 688�2-1507
<br /> -.. Nho»m�tlJnp�ddrea b (1arMn"L�ndw'►.
<br /> ,- ! 'j•" FOq WAL'llABLE CONSIDERAYION.inoludiap Lender'�actee�lon ot cradit idendfled Fwroin b �� �
<br /> - � �� W� (herein"B�rrowar",whether one a more)and ths trutt herNn erNMd.
<br /> the recdpt of wbiah Is heroby acknowtedped,7ruator hereby Irrevocably�raots,banefers,conveya and aesipna to Trustee,IN
<br /> = TfiUBT.WITH POWER OF SM.E.Ior the beneflt and securlry ol l.ender,under anU s�aR+,l�ctto the torm4 and condldoes fwrelnafter tst
<br /> ,�i�°.°�;. , fOrih�ft�t�nlwi Prop�riy.dWMaii�t3 8i(�iiiEnMi�:
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<br /> r;:..�r.� �::5<<4?)Y� I�1' f�(lR'P!(-3I$ (46j� I[+� 81EI,I40NT ADDITION �U THE CIT1C 'UF C,RA�7CL $�.AND�
<br /> �;: •;t:�, !� HqI.�. �0�1'1'Y� [�IEBRAS[tA.
<br /> `�t.�'.` '•��',';.v,r':f�1�l��t' •
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<br /> :,,,�r.k���:<:4.,,-.�. � Yopether with all builqxqs.Improvementa,fixtures.sneete,alleys,passayeways,ea�ements,ripht�,privdepes and appurte-
<br />��+�� �����,5`���"�r��•'�` �`�;� "'• oances bcAted thereon o�in anywiso perla�ning therei�,and the renta issuea and pro0te,reversions and remalnders thereof,end
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<br />.._:�E! �y�"�='�-•`��;���j^,,." tuah peropnal p*operty that fs atlached ta the Improvementa so as 1�constltule e fixture,includi�y,but not 8mited to,heatlng and
<br />° � �_"+�'"'�� coolinp e�puipnienx end together wlth the homeetead a merilal Interests,if any,which Intereste ere hereby released and waived;ell
<br />— ���__ : :, •
<br /> �. ;;i���:�z,�':�;:+"' of whlch,InC➢udln��eplacemente and edditlons thereto,1�hereby deolared to be a part ol the real estota aecured by the Ilen o1 this
<br /> =„�_. •;.a;��`t'f��i'�•�' " De�d ol Truq and all ot the torepoinp bainp referred to hereln as the"Property".
<br /> 4a �'r7i:p��,;:.�1-��: .'ti.rt
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<br /> ;,..,...:r,;;.�l , This OeeO of Truat�hall secure(a)the peyment of the pnncipal sum end inlereat evldenced by a promisaory note or credit
<br /> —i1-6 ��vhy.�� �,7N�;�`�i• wrNrnene da�ed �Y 22, 1993 ,heving a maturfry date of J��Y 20� 1994
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<br /> `�.° ,'�`�.'�:• ' �'' 35�000.00
<br /> y.•�- � • �n the orlpinal principal emount ol S _,and any and all modlficetlone,extensions and renewals
<br /> ��� � ° ' ' Ihereof or thereto and any and all luture advances and readvances lo Borrower(or any ol them I/more then one)hereunder
<br /> • , .. punuent to one or more promissory notea or credn apreements(herein called"Note'7;(b)the payment o1 other eums advenced by
<br /> Lende�to p�otecf the aecurly of the Note;(c)the performance of all covenents end ayreements ol T�ustor aet fohh herefn;and(d)all
<br /> ' .�` present and lutu�e indebtedness end oblipet�ona ol8orrower(or eny ol them It more then one)to Lender whether direct,indirect,
<br /> ��:, �-`'� " �b�olute or contingent and whether arisinp by note,guaranty,overdratl or othe�wise.The Note,ihis Oeed ol Truat and any and oll
<br /> „ � �� - "' � other dacuerds that secure the Note or otherwlae executed In conneotion therewith,including without IlmNatlon guaranteea,secu►Ily
<br /> `''�� wpements and assipnmenta o1 leaaes end reMs,shall be referred tv hereln as the"Loan Inatrumenta". .
<br /> �''� ,,r- .. T�uator covenants and egreea with Lender as fdlows
<br /> , �I 1. Par�mnt d fnd�bt�dn�.All Indebtedness aecurod hereby shell be paid when due.
<br />- � � •
<br /> � 2. Tfq�.Trustor ib the owner o1 the Prope►ty,has the right and authorlty to convey the Property,and werraMa that the Ifen
<br />�•�� ° � crepted hereby is a firat end prbr Ilen on the Property,except for Ifens and encumbrancea set forth by Truator In wridnp end
<br /> detivered to Lender betore executlon of thl8 Deod of Truat,and the execufion and dellvery o}thla Deed ot T�uat does not vfolete any
<br />-� coMract or other obllpetlon to which Trustor is subJect.
<br /> a " �� �•� 3. T�xN,As�sm�nb.7o pey belore delinquency a�t�ces.apecial assesemenls and a11 other cheryee ayainst the Propery
<br /> now or hereatter levied.
<br />..-,1. ��".• 1 4. i�e�.To keep the Property inaured apa�nst cta^�agr�cy s�r�,hazerds inc luded wNhin the term"extended covereye",and
<br /> '` �� ' �uch oliw ihuarda ao Lende►may requfre,in amounts anQ w�cn¢c:�*pani�s ecceptabte to Lender,naminp Lender as en eddfUonal
<br />'w��• ' nam�d ir�suvrd.wtth loss payeble to the lender.In case a��asa unoer such pollcies,the Lender is aulhor►zed to ed�ust,collect and
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<br /> °��.ti�:� + comprC�e.a�ICtawrrsehe►eunderandshellhavemeow�e�nofapp�y�ngalla�partoftheinauranceproceeda�i�toanymdebtedness
<br />�"�''''{�':`?` �ecured he►sby ari4�rt su�h order as Lender mr,r dieesrm,ne.GU to tNe Trosior ro be used for the repair or reStorM�On ol the Property
<br /> �°�".:��j�' •u'� " or(IG)fa�ny d►er twrpoaeor ob�eci uhatact�ory no I.�+iGer w�tnout aflectmg the{�en of thl�Deed of Trust for thQ full amount seoured �
<br />`��'�?"� �,�..,..��,�?:... h�►rby b�fhr�wch payment eva mook place.�ny a�p�ic�tion ot proceeda to Indebtedness thall n�t extend or postpone the tlue
<br />-- '' r� • dwMOa a�y paymsnb under ths Noft,or cw�a�ny default thereuneer or hereunder.
<br /> .• '�•' '�n-�'�Z�'i�� R r'r-'--- I lwww.u.IN�w Arw�nA Iw 1�w.W Tr..Mni�Ast n�v In 1�n�r In����I��nannr�a 1�r m�v ei��Inn�h ���Hir�i�nf �
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<br /> �' 1 ' �umt to Mabie Lendar to p�y es they beeoma due ana or more of the fonowiny:(i)al l taxes,aasessmenta and otner charyes ayainst
<br /> 1� .. ' �! • Ih�Property,(Iq the pr�mlums on tlw property inswrenc�required hereunde►.and(�i�)tne premiums on any mortpaye Insurance
<br /> ` ` nqulrod by Lsnd�r.
<br />-_ '°" ' � ° ' ,. 8. MaN�t�n�nc��R�pak�and Compll�nc�+�IIN�aw�.Truetor shall keep the Properry in qood condldon and repafr,shell
<br /> - �'�-'` ' ., o
<br />-- promptiy rop�fr, or��pteee any Improvement whieh mpy be dameped or destroysd;=ha�l not eommit or ps►mlt any waste or
<br /> . .. � O�bdondon of ths Properry;shNl not remove,demo��sh or eubatentlelly alter any of the�mprovemenb on the Property;shall not
<br /> ' Commit wlf�r or ps►mN any aat b b�dons in or upon tAe Property in vfoteHon of any I�w,admance,or reyulatlon:end�hall pay and
<br /> ��•,�` ' promptly dlsGh�rqs at Tru�tor's cost�nd expense aA I�.�ncumbrancss and charpes tevNd.irtipot�d a asf�ssod apslnst th�
<br /> '��•'_,.r•� -, PropMty or any part tlNnof.
<br /> �. .;�..t•..'<;�;� 7. B�N Domdn.L.�nder I�h�reby�sslpnsd all coisoper�atMn.awerds.d�rn�pe�and Whar paym�nts or rNNf(Mrelnalter
<br /> � . "Proc�d�'y In conn�atlon with cond�mnatlon or other taklnp oe�Prop�►ty or p�rt th�rwt,w ta convayance�n Il�u of corM�mru-
<br /> i• ���`� ;. �„}�•; tlon.Lend�r�h�ll br ondd�d�t Iq opffon to commence,appar�n and prosscute�n�b own name any a aprocMdlnqt,and
<br /> �,, �h�ll a1W b��ntitl�d to mak��ny compromlq a srldamM�t In ConniCtlOn wilh�uch qklnp or dam�p�.I�MrMf�ny'portlOn of
<br />-- ' .T v M�C71i71N�ry�ravRwMOM�M tO�M
<br /> �• .. - O 11N NwwW Mti d Wer�wr TryM rrMf�M Arocr�rn lwadn.M�r�W
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