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<br /> ' ACKNOWL�OtiF.�AENT OF DBED OF TRUBT -- +v.,r v ti R+
<br /> TRUBTOR READ TH18 BEFON@ SIQNINO:
<br /> Trwtor und�nhnds that th�dooum�nt M�t T►u�tor I��bout to�x�aut�I��DNd ol7rwt and eot a mortpp��nd tFuit th�powa
<br /> ot�al�provid�d for in th�OMd ol Trwt p►ovid�s aub�nQdly diBar�nt rlpha and oblfp�Uon�W T r th�n a mo�tpap�In th��wnt
<br /> of�dMau�t or brqoh of obllp�tlon und�r th�Os�d of Truat,Includinp, ot Ilmit�d to,th�L�nd r' �Ipht to h�v�th`Prop�ri�r wid -
<br /> --- b�th�Trwtw without any�udlal�l procNdlnp.Tru�tor npr�wn �nd�trnnq t1uU th aa I�dp�m�nt wa�.exoaubd by
<br /> _ -- ° ° Trwtor b�fon th��x�autlon ol the Dsed of Tru�� �
<br /> - - .- _ � (Co en M. G �W Wife ^
<br /> � Qs D. c3oodwinTiustor Huaband
<br /> �� �EED OF TRUBT WITM FUTURE ADVANCES
<br /> ��� THIS DEED OF TRU8T,i�modo as ot th���d,�y ol Auguet , 1�91 by and amonp
<br /> ��fi�
<br /> ,;._� th�Tru�tor,Colleen M. Goodwin and Jamea D. Goodwin, Wife and Huaband� each in
<br /> .� hia awn right and ae apouae of t e other. �
<br /> --_- ,z� whoa m�llinp addnw li �erein"Trustor;'whother one or mors), �
<br /> -;,� th�Trutte�, s 1V� ^-'_,._ s__L� A Nebraeka Cor�orat�o�803 �
<br /> �""``���.�,� whoa mallinp addreis Is p•O. Box 1507. Gz'and Ialand NE 68802 �h�oln"Tru�"►,and
<br /> �'?`y�`--;�:��� the8aneflciery, Five Pointa Bank, A Nebraeka Corporation ,
<br /> ;.-,-. . � wlw�e mAlllnp addrou is p � AoY 7 507a �r,+nd island, NE 68802 (hereln"Lender'q.
<br /> ;,a>�:
<br /> __W_. _� FOR VALUABLE CON8IDERATION,Includinp Lander's exteneion of cradit identlfied herein tc�f'�7 1.aAn M_ ceoa�rin _
<br /> - ° �-- and James D. Goodliin, Wife en� Ht��ff�rower",whether one or more)and the trust hereln created. _
<br /> � `"' the recdpt of which Is hereby aaknowtedQed,Trustor hereby Irrevocebly prents,trenalers,canveys and asflpns to Truatee,IN --
<br /> _=;_-����- ' TRUST,WITH POWER OF SALE,torthe benelit and�eourity ol Lender,under and sub�eat to the terms end condiqona hereinafter aet
<br /> ,,,� lo�th,tFw roal proporry,dworibed a�lolbwa
<br /> —�:�'" `"�`���: Sae Schedule "A"
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<br />-���=�`;''�'�'�:; Topether wifh all buildlnpa,Improvements,lfxturee,atreets,alleys,paasaqeweys,easements,riphta,prlvllepes and eppurte-
<br /> :-=-°-'�•t� nences loceted thereon or In anywlse pertaininp thereto,and the renta,issues and profita,reveraiona end remeindera thereof,and
<br /> ��i" •�� N � such raonel ro that is attached to the im rovementa ao as to constltute a fixture,Includln but not limited to,headnp end
<br /> -:�sy;;�._, P8 P PehY p 0.
<br /> ---�="�'�"'"-+ coolinp equfpmenx end topether with the homeatead or merifel intereats,If any,which interests are hereby releaeed and welved;ell
<br /> � ' of which,Includinp replacementa and additions thereto,Is hereby declared to be a part of the real e4tate secured by the Ilen of thls
<br />-•�^�•�;s�-�`- Deod of Truot and oll ot tho forepoinq beln�referred to herein es the"Propeny".
<br />--°'y,, -
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<br /> �,�r,� Thia Ooad of Tru4t shell secure(a)the payment of the principal sum end Interest evldenced by a promlasory note or crodit
<br />.:��cn . �w.:. �f _
<br /> r'_= ,.A ��/�1�1���� AUQUB� // 1991 4 A. Ne���e�nl�nr � 991 �
<br /> ��=•, ,havin a maturl,,dete ot • ..1
<br />,��' ��
<br /> '�'=k , ., ,: �' In the nrlpinel principal amount oi S 3400.00 ,and any and All modlllcations,extenaions end renewals
<br />-'��:�•'�f��� thereof or thereto end any end all future advances and readvences to 8orrower(or any ol them it more then one)hereunder
<br /> �';i%�•`�++� pureuant to one or more promleaory notes or credit agreements(hereln celled"Nate"►;(b►the payment of other eums edvanced by
<br />��► W�;.�'s:��. Lender to protect the security of the Note;(c)�he performence of all covenents and agreements o1 Truator set forth hereln;and(d)all
<br /> ����.:�. preaent and future indebtedneas and obllgatlons of Borrower(or any of them II more than one)to Lender whether dlrecl,indlrecR
<br /> �.,; r yA`;J� ebsolute or continpent and whether erising by note,puaranry,overdrah or otherwiae.The Note,this Deed of Trust and any and all
<br /> -� other docuents thet secure the Note or olherwise executed in connectlon therewith,Includlnp wlthout Ilmitatlon puaranteas,seCUrity
<br /> _� '�� epreementa end essiqnmenta o}leases end rents,shall be reterred to he►eln as ihe"Loan Inetruments".
<br /> �; Truetor covenanta and egrees with Lender ae tollowa:
<br /> •�� � •.�.;�;r, 1. P�ym�nt of Ind�bt�dn�u. All Indebtednesa secured hereby ahell be pafd when due.
<br /> �� 2. THI�.TruaMr Ia the owner ol the Property,hea the right and euthorfty to convey the Property,and werrante that the Ilen -
<br /> � created hereby ia a Ilrst and prlor Ilen on Ihe Property,except for liens and encumbrances set forth by Trustor fn w�iting and
<br /> " . delivered to Lender betore executfon of thls Deed of Trust.and the executlon and dellvery of this Deed of Trust does not violate any
<br /> � �. contract or other obligatlon to which Trustor Is sub�ect.
<br /> , • 3. Tax��,Au�um�nb.To pay belore dellnquency all texes,special assessments and all other charyes apafnst lhe Properly �
<br /> now or hereaRer levfed. =
<br /> 4. Inturane�.To keep the Property Inaured agalnst damage by flre,hazertls included within the torm"extended coverage",and -
<br /> ,F such other hazards as Lender may requlre.In amounts and with companles accepteble to Lender,naming Lender as an addiflonel
<br /> named Insured,with loss peyable to the Lender.In case ot loss under such policies.the Lender�s authorfzed to ad�ust,collect and
<br /> � compromise,all clalms thereunder and shall have the optfon ot applying all or part ol the�nsurance proceeds(i)to any indebtedness
<br /> ` secu�ed hereby and in ouch order ae Lender may determinR,(if)to the Trustor to be used for the repafr or restoratfon ol the Property
<br /> or pll)fOr eny other purpose or ob�ect satisfactory to Lender without aHecting the Ilen of thl8 Deed of Trust for the lull amount BeCUred �
<br /> j� -; hereby before auch payment ever took ploce.Any application of proceeds to Indebtedness shall not extend or postpone the due
<br /> � �� � .. data ot any payments under the Note.or cure any default thereunder or hereunder.
<br /> ��-s:�.� ,----'._ ■��m.t�nnahln Af1AAr Ifl'ttf1AV Af�I7NV�]Af:tl1Y1H t�e11H OrORtOf M BfHI A8I1AI leow na+nfls II fa esnaase smen�ts and o her`charaea aalalnat
<br /> ---- - --...-•-- -- --- -- ---• -- -• _ .. _
<br />_ • � the Property,(Iq the premluma on the property Insurance requlred hereuntler,and Iliq the premlums on any mortflape inaurance
<br /> ^� , requfred by Lender.
<br /> 8. M�Mt�nanc�,R�pNn md Compllanc�wNh �aws. Truaror ahall keep the Property fn good co�ditlon and repair,shall
<br /> ' � promptly repelr, or replace any improvement which may be damaped or deatroyed; ahall not commlt or permft any waste or
<br /> deterloratlon oi the Property; ahall not remove,demolish or subatantlally aller any of the Improvements on the Property:ahall not
<br /> commit,suNe►or permit any act to be d�ne in or upon the Property in vlolatlon ol any law,ordlnance,or repulatlon;and ahall pay and
<br /> ° `� � promptly di�charpe at Truetor't co�t and expense all Ilens,encumb►ancea and cheryes levled,fmposed or aeseased ayafnat the
<br /> Property or eny pg�t thereof.
<br /> � 7. Emin�nt DomHn.Lender ia hereby aasfpned ell compensation,awarde,damagea and other peyments or rellel(herelnefter
<br /> " .. � . "Proceeds")In connectlon with condemnation or other takfng ol the Property or part thereof,or for conveyence In Ileu ol condemna-
<br /> , don.Lender thall be entitted al Its option to commence,appear In ard proaecute In Ita own neme any actfon or proceedinga,and
<br /> � shall alw be ontitled to meke any compromise or seltlement In cannectlon with such takinp or damape.In the event any po►tlon of
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<br />.. � . 0 11N NNMntl�N�!d CamnMp Tru�t MM f�wiy�Aux�alqn Lmcoln N�bW�
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