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<br /> �i ACKNOWLEOGEMF•NT OF DEEO OF TRU�T
<br /> ,_.- l056'7� _
<br /> ---_-_— - �usso�aaAO�s BeFO�aonf��ua: f �••
<br /> ;� Trwta w►d�ntand�that iM dooummt th�t Trwtor I��bout to�x�out�I��ONd o}Trun and nd�mort�ap��nd that d�pow�►
<br /> _ —�,�� of�aN provldW lo►In th�DMd ot Yrwt provida wbW�ly difisnM riph��nd obllpWonr to Tw�r tfw�+�uwrt�pa In tlsa avard -
<br /> of�OM�ult or bnaoh o1 oblip�tlon und�rth�D�ed o1 Trust,Inoludinp,but not Ilmll�d to,th�L�nd�r'�ripht W h�v�tha Prop�rty sotd
<br /> a - - - py tM TrwtM rAtliout�m►Judiol�l proowdlrtp.Tw�Wr ropraNntr and w�rrant�tFwt this aaknowladponw+�t w�t�x�aut�d by �
<br /> TiuWo►bMor�tl»�x�aullon ol th�DMd o!Ttwt
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<br /> ('lyd G. VOn Zatf�Rty�[I ru�tor )
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<br /> --- ---------- •Y— (Herriat R. Van Zar�t^gen� Tru ) �
<br /> :'_� DEED�OF TRUBT WITM FUTURE ADVANCES �
<br /> '��-' THIS OEED OF TFiU3T,I�made�s of ths.19�h_d�y of A�� ,tA�L,by snd omonp
<br /> _ _ _ _. ._.::
<br /> :�� th�Truuor. �d G. Ven Zar�r9en enci HaYriot R. Van Zsr�ar9en� Hu�band ar�d Wif�� ,
<br /> -- — ��-_-�,�y'`•� whow m�lllnp addras I� #18 Via Cano. Grand Ielertd. NE 68803-1732(herein"TrusWr;'whWhqr ono ar nwra), �
<br /> ..- . ._.�_ �;.
<br /> —_�,it`+°�`r � Ti�1vo Pn�t1}'a Aap11r� a Nebraska Corooration
<br /> the TruttN, �
<br /> -.T__��.�.,:�:r�y�.�'_3� P O. Box 1507. (xend I81and NE 68802-1507 —
<br /> _-_— whoa maHlnp�ddreu i� • � (Mnin"T►uq�'�,end _
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<br /> the 8�rntlol�ry �"••° Ow�nM�q g�.,k —�-
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<br /> °''�-`- l' P.O. Box 1507. GYend Ielend� NE 68802-1507 hweln"Lendor'�.
<br /> =� wFwt�malllnp addraw i� l
<br /> '� ':�� ; a.,� FOR VALUA9LE CONSIDERATION,includinp Lender's exten�lon of cralit idendllad hereln to T� G. Van Za[K�1^��.�
<br /> '�•����� �' ,.nr9 w.rr�a R Vnn .anr�wmT,n (hereln"8orrower",whother one or more)end the trust harain created,
<br /> �"' ti �*�, tKe►eoNpt o1 whloh Is he►eby acknowledped,Trusw►hereby urevocabiy p►ants,trenafera,conveys and a�sipne to Trurtwi,iN
<br /> w`'`` s �� -' TRU9T,WITH POWER OF SALE,for ths bs�elit end socurity of Londar,undar and oub�eat to the terma e�d condidone haninalbr wt
<br /> . `''+ -'~,`,;.�;�`�� fo�th,the►eel proRwrty detcribed ae followe:
<br /> V}. � �•.�:;,.;,,;�r Lot Eightoen (18) in Blxk ZVo (2) and the East Three (3) Feet of Lot 3eventeen (17) in
<br /> � ��� �-�• Bloc]c �ro (2) in ConCinental (iardQne. an Addition to thQ City of Grand Ialand� He7.l
<br /> s�.. ��,,��5,.� Oourtty. Nabraalca.
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<br /> Topether wlth all bulldinys,Improvements,flxtures, streets,alleys,passafleways,eaaemente,riphta,privilepea and appurte-
<br /> •� nancea located thereon or In enywlae pertalning thereto,a�d the renta,lasues and profits,reversione and remalndera thereof,end
<br /> � +=�•`� � auch personal propeAy that le ettached to the imp►ovemenla eo as to conatitute a flxture,includfnp,but not Ifmlted to,hesdn�and
<br /> '4't�"�" coollnp equipment;and topether with the homeatead or marltel intereate,if any,which intereats are hereby roleased and welved;ell =
<br /> •rt•'���'�•�� � of whlch,includin re tecemente and additlons thereto,la hereb declered to be a part o}tha real e�feb�eoured b tho Ilon o1 thls
<br /> ���i°•-��� DNd of Truot and all of tha torepolnp beln�referred to hereln ai the"Property". y
<br /> � ,y.....;,.,
<br /> � ' � Thls Doad of Truit ahall tecure(a)the payment of the principel eum and Interest avidenced by e promiseory note or credit �-_.
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<br /> • :�f , - , a�reatwnt dawd AJi9�et 19. 1391 ,haviny a maturity date ot L�ebruat�► 19. 1992 , �:
<br /> �� �" In the orlpinel principal amount of s�� ����-�B ,and any and all modlficatlono,extenalons end renewels �
<br /> � ,'•'�� ,•� � thereof or the�eto and any end all tuture edvances end readvences to Borrower(or any of them If more than one) hereunder
<br /> "+�, � �.:^'�;�' pursuant to one or mors pmmlesory notea or credit apreements(herefn called"Note");(b)the payment of other suma advanced by =
<br /> � = Lendar to protect the eecur�ty ol the Note;(c)the peNormance of all covenanta and apreementa of Trustor aet lorth herein;end(d)all
<br /> '� �'`�� preeent and luture Indebtednees end obNpallons of Borrower(or any ol them if more then one)to Lender whether dlrecf,Indlrecf,
<br /> ..�� �•
<br /> . ' �' �•;•�,�� ' abaolute or contlngent and whether arising by note,puaranry,overdraft or otherwiae.The Note,thfs Deed ot Trust and any and all �"`�-`
<br /> "��y'�' �� otherdocuenta that aecure the Note or otherwise executed fn connectfon therewith,lncluding without Ifmlfetion yuar�ntae0.�curiry '`
<br /> ' �� oyreemenb and assipnmenta of leases end rente,shall be referred to herefn as the"Loan Inatrumenta".
<br /> " �' � � TruBtor covenante and agreea wlth Lender as follows:
<br /> �����' � 1. P�ym�nt ot Md�bt�dn�u.All Indebtednoas secured hereby shall be pald when dua.
<br /> .� ` ; e 2. Tld�.Truotor le She owner ol the Property,has the ripht and euthority to convey the Property,and warrante that the Ilen �
<br /> `'.�, ., , Created hereby la e Iiret and prlor Ilen on the Property,except lor Iler�n and encumbrencea set lorth by Truator in wrlting and �
<br /> �• dellvared to Lender betore exeaution of thls Deed ot 7rust and the executlon end delivery ol thls Deed ol Truat does�ot vlolete eny Lor-
<br /> „� ' . contract or other oblipatlon to which Truator Is aubject. �`
<br /> " . 3. T�x��,Au�um�nb.To pay before detinquency aU texes,apeclal asaesaments and all other charQea apainat the Properry '•_ =
<br /> ° now or herealter tevlad. �
<br /> �� •• �,_ 4. Inwanc�.To keep the Property Inaured epaf nst damage by 11re,hazards Included wlthin the term"extended covetege",end �
<br /> ' '°��� such other hazarda as Lender mey requlre,in amounts and wfth companlea acceptable to Lender,namfng Lender as an additlonat
<br /> . ' named Ineured,wlth loss payable to the Lender.In case o1 loss under such polfcles,lhe Lender is authorized to adJusR collect and �
<br /> ' ' compromiae,all clalms thereunder and shall have ihe optlon of applyfng ell or parl ol the inaurance prxeeds(i)to any Indebtedneas �
<br /> � . aecurod hereby and In such order aa Lender mey determine,(il)to ths Trustor to be used for the repalr or reatoratlon of the Property �<•
<br /> > or(ilq for any other purpose or ob�ect setlafactory to Lender wfthout attecting the Ilen of thls Deed of Trust for the full amount secured
<br /> � :.. �--.. �-•--- - -� --- ---•-��--•--••-�--- --�•---��--•�-- -'------.._._ �_�_���-----�_��__......_..a......,........_.�e a..e
<br />� - --� . - nVraYr ue�ute aw��Nsymom ovo� wvn p�a�o.nur eNNnwavn v�M�wov..o w u.uovwu�mo�o��a�.�w..,...v......��...,..r................ -_.
<br /> '-� . - •• date of any paymonta undor the Note. or cure any default thereunder or hereunder.
<br /> ��` '` b. Etcrow.Upon wrltten demand by Lender,Trustor ahall pay to Lender,in such manner as Lender mey desipnete,suNicfent �
<br /> ' eume to eneble Lender to pay aa they become due one or more of the lollowing:(I)all texea.Aasessments and other charges epefnat
<br /> „ � the Property,(il)the premlum4 on the property Insurance requfred hereunder,end(III)the premlums on any mort�epe inaurance '
<br /> • �,,,;,., :.:.. requlred by Lender '
<br /> �.'b ,_ � 8. M�Inttnma�,R�pdn�nd Compll�nc�wlth Law�.Truator shell keep the Properly In good condltlon and repalr;shell i
<br /> ,� , promptly repeir,or replece eny fmprovement whlch mey be damaped or deatroyed; shell not commft or permlt any waete or
<br /> � deterloratlon of the Property;ahall not remove,demollah or subatentlally eher any ol the Improvementa on the Property:shall not
<br /> commit,euHer or permft eny ect to be done fn or upon the Property In vlolatlon ol any law,ordlnance,or repuletlon;and shall pay end •
<br /> • , . '.. , �� prompHy dlecharpe at Truetor's cost and expeme all Ilens,encumbranceo and char9es levled,imposed or esfoeaed apain�t the
<br /> . ' ,� . o . Property or any pan thereof.
<br /> 7. Hmin�nt Dotn�ln.Lender Is hereby aeslyned all compensatlon,awerds,damapes and other payments or reliel(herefnafter ,
<br /> "Prxeeda")In connectlon wllh condemnatlon or other laklnp o}the Proparly or part thoreof,or ior conveyence in Ileu of condemna-
<br /> , _.. " tlon.Lender shell be entltled ef fts optlon to commence,appear In and prosecute in Its own name eny actlon or proceedinga,and
<br /> ahall aloo be entltled to make any compromlee or settlement in connectfon with auch taklnq or dameye.ln 1he event eny portlon of
<br /> ,. _ N�C71671NarqeWiw��OwA111wt0�p �
<br /> �NN NMqnl pNMComm�rq Truu uW S�nrp�Auocui�on.l�aoln.N�bro►�
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