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<br /> ACKNOWLEDQE�AENT OF 0�OF TRU�T
<br /> rnu�oR+�Tws�or��a�o: ��3• 1�19
<br /> Trwta undastmd�Il�t tla dooun�nt�at Yruttor I�aloutto�x�cutt b o Dwd of Tnat�nd not�ma�p�and IIM�t 1h�pown
<br /> of seN provldyd br In th�0«d M Tru�t p�ovldN sub�ndally dllhr�nt rlphb�nd oblip�Non�b Trusta Ihan�maqapo in thr w�nt
<br /> of�dNwlt or bn�wh of oblipdbn und�r th�Owd of Tn,q,Inaludlnp,but not Ilmlhd b.th�L�de'�dpht fa h�w tM PropMq a�d
<br /> by Ih�Tru�without�ny�ud�tal proaNdinp.Trustor rpr�wna an0 wu�Mr tl�t thl�aCknowMdy�111NN11�wr�x�ouYd b�►
<br /> ��-�--�- — Trwta bMor�th��cudon ot!ha O�d of T�ust . n
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<br /> - IINl�y �ad n Jr Tn�ttar� Ilu�bsnd
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<br /> DEED OF TRU�T WRH FUTURE ADVANC�& �
<br /> THIS OEED OF TRU8T,is mad�es of tM�!l.h..dAr ot �uQ- .19:��br•and�monp
<br /> � — q»T�q�, Il��l�y Tiad�n Jr i Na��¢v T3ad�n . huteiband u►d�:�f�.i� �
<br /> _ wtiow marunq addnaa is �01A M Y��hinpton St Qraad I�land. NR 688A1*�0+l1�
<br /> lhamt�"Truaarl''wb�thAr�ana�on mora�
<br />`•" � �TN�, Five Poiq�� Bsnk. � N�bra�ka Corporation �
<br />-Y< < who�e malNny address Is p•0. Box 1507 f3rend I�l�nd� NE 68802 �herek�.tTiuste�'7���d
<br />- � ..•.' 1Fw evneflolary. Piv� Point� B�nk ,
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<br /> � .;,; whow maiNn�addrKa Is 2015 N. Bro�dr�11 [�„rsad I�l�ndy NB. 6860a�188� �harefn�"lond�r'�.
<br /> ' y"� fi�t4lay T�edan Jr
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<br /> • �: . • :y FOR VALUABLE CONSIDERATION,inaludinp Lender'a extension o1 credit Identified herein�w
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<br /> ;, ���... „,,.,., ::.; i Nanay T��d�n
<br /> ;�"L•.�� •r - (herein"Borrower",whether one or•mMe)�and tha trust•hdreln crQated,
<br /> — �(. . •'•i.= •
<br />- r��:'.,.t-,r.;;'��i::• the recaipt oi wMch is hereby Acknowledped.Trustor hereby irrevooably granis,tranatere,convays end eagig�e ta 7rustee,IN _
<br /> _ �.°��y.F.s��:�-=;b,�:�� TRUST,YYiTFiPBWEROFSALE.iorthebeneGiendwecudtyuitwiJai,u��ifn�,eni�suuji+�iioiria�n��end�ondJifanat�a�efnai2erriei
<br /> � -�� foAh,the real praperty,deacribad ea followe:
<br /> �� ` • SEE ATTACNED F.IIHIBIT 'A'--- _
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<br />_ } Toyether with all bufldinps,improvements,fixtures,streeta,alleys,paesageways,easements,righlp,prlvlfepea end appurte-
<br /> • nances located Ihereon or in anywise pertalning thereto,and the rents,Iasues and profits,reveralons and rempindere thereof,and
<br /> • ':.�i' • auch peraonal properiy that la attached to the improvements so as to const►tute a Ifxture,Includinq,but npt limited to,headny end
<br /> �;- , ' � coolfnq equlpment;and togelher with the homestead or merital Interests,il any,which intereata are hereby roleaaed and walved;all
<br /> j� . •;;�„+_: of whiCh,Including repteaemants and edditlona thereto.la hereby declared to be e peA oi the real�stete secu�ed by the Ilen o1 thl�
<br />,:.,r!�^� '� „ .. :,�;�' Deed of Truet and aN ol tha loreyoinp beinp referred lo herein es the"Property".
<br />;__, , . —
<br />��`f�' •• ' � Thla Deed ol Tru4t ohaM secure(a)the peyment of the principel sum end intereat evidenced by a prqmfAfory note or credit
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<br /> � ' . " • apreement dated L����* a.��+ �QQ� , havinp a maturity dete of Nov��bar 30th 1993 , —
<br />� �� � �-� • in the origlnal princlpat amount of S_-_�60,020.SW .,and eny and au madiAcatfons,extenslons end renewels
<br /> , �•�•„r�i,
<br /> � thereof or thereto end any end all future advances and readvanceo to Borrower (or any of them If moro then one)hereunder
<br /> pureuant to one or more promiasory notes or credlt agreementa(he�ein celled"Note"�;(b)the payment ot other sums edvanced by _
<br /> , ,,• • Lender to protect the security o(the Note;(c)the perlormence ol all covenants and agreements ol Trustor set torth hereln;and(d)ell
<br /> �'� . .. ' . p►eaent a�d tuture indebtednaes and oblfyetlons ot Bo►rower(or any of them if more then one)to Lender whether dlrect,Indlrect, -
<br /> � ' , absolute or contingent and whether arlsing by note,yuaranty,overdrett or otherwise.The Note,thls Deed ol Truet and any end all =.
<br /> , ' , . other dxuents that secure the Note or otherwise executed fn connectlon therewlth,including wltl�out Ilmltatlon guerantees,securlty =
<br /> , ,4 • apr6ementa and esslpnmente ol leases end rents,ahall be reforr¢d to hereln as the"Loan Instrumente".
<br /> •�� � �� , Truator covanants and agrees wlth Lender as follows: -•
<br /> �''r^'�'�1 . 1. Paym�nt of Md�bt�dn�u.All Indebtedness secured hereby shall bd pafd when due.
<br /> j; ;' 2. Tltl�.Truebr Is the owner ol the Property,has the rfght and authority to convey the Property,and warrante thet the Nen —
<br /> a� created horeby la a Ilrat and prior Ifen un the Property,except for liens and encumbrancea set ioAh by Truator In wrltln�end
<br /> '�' � � delive�ed to Lende�betore ezecutfon ot thls Deed of T�ust and the executfon end delivery ol this Oeed ot Truat does not vlolate ony
<br /> '� r �,. _
<br /> contract or other obllgallon to which Trusror Is subJect. —
<br /> � �,.�. , ' 3. Taxa.Au�am�nb.To pay before deUnquency all texes,epeclal asse9sments and alt other charges ayalnat the Property �,
<br /> ' now or hereaiter levled. -
<br /> .�� ; [` ' , . 4. Insunnc�.To keep the Property fnaured against damege by fire,hazards mcluded wlthfn the term"extended coverage",and
<br />:- � ,S_: • euch other hatarda es Lender may requlre,In amounts and with companles acceptable to Lender,neming Lender as an atlditional P
<br /> � � ,. , ., nemed inaured,wlth loss payeble to Ihe Lender.In case ot loss under Such policies.fhe Lender is authorized to edjust,coNeCt and �
<br /> � compromise,all clalms thereunder and shall have the option of applying all or part of the Insurance proceeds�q to any IndeDtedness -
<br />�_'�• ,{!' .', .'•.'.;,',>:, ` aecured hereby and In euch order aa Lender mey determfne.(ii)to the Truetor to be used for the►epelr or reatoraUon of the Properry
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