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<br /> ' ACKNOWLEDG�AENT OF D�ED OP TNUe�� 91..�05929
<br /> _ TRUBTOR RBAD TH18 BEFOFIE 81Ci�NNa
<br /> T�uatorundoro�and�lhatthodocumentthetTrustorl�eboutto�xt�outel�eDeedolTrwlsndnolamorlgp��ndlNaNfMpowK � .
<br /> pf pl�provid«t fa In th�W�d ol Tnut provid�s subWntl�Ay dlM�nnt rlphb�nd obllp�danNo Tru�tor tlum�mo�q�0�In tM w�nt _
<br /> of�dehult or br�oh olobllp�tlon und��Ih�ONd of Tru�t Inaludlnp,but not Ilmlt�d to,th�I.�nd�r's right to Mv�tM wrop�rq wid
<br /> by th�Tru�tN wlthout�ny�udlal�l prace�dlnp.Trwtor npr�nb and wart�nts tluit thl��aknowl�dprm�nt wu �x�oubd bp
<br /> Tnaqa bNa�th��c�ouGon o1 tl�OMd of Trua.
<br /> -�- � , � ���i'L���7� ��1���Q�' �- -
<br /> (Ethel M. Mills�rwtor A WidAw
<br /> __ TrusWr
<br /> �- - ,T�:� DEED OF TRU8T WITH FUTURE ADVANCES ---
<br /> -=:'� THI8 DEED OF TRUST,is mode as d the 28t1'ldoy of Au9u8t ,18 91 by and amonp
<br /> '� Ethel M. Mills, A Widow
<br /> _____��� the Trustor,— '
<br /> -- - - 430 Arapahoe Ave, Grand Island� NE ��roln T ic8o?whwhu one a moro), -
<br /> -- whow m�Ninp address Is
<br /> �-
<br /> •--
<br /> - = '- theTn,atee, Five Points Bank, A Nebraeka Corporation
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<br /> _____ ��': ° who�emalNnpadd►ea�ls p•O• Box 1507� Grand Ieland� NE 68802 ���n"Tnrotee'1.and
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<br />�`�•-'�''�' � theeeneoo�ary, �'ive Pointa Benk . ��--
<br /> _,,.�;,�:�,, �,_.
<br /> :������;�� whoaemoillnpeddressis P � Box 1507, Grand Island, NE 68802 (horein"Lender"►.
<br /> --"' -�t ' Ethel M. Mills.
<br /> � ' FOR VALUABLE CONSIDERATION,Includinp Lender'e extenslon ol credit IdenUNed hereln to -
<br /> __..—__...:----
<br /> ---
<br /> ���"�''y'"` A Widow (herein"Borrower",whether one or more)and the Vuet hereln oreated, c=-_
<br /> �__,�'+ the recelpt ol which Is hereby aaknowledped, Trusbr hereby Irrevocably grents,trenslers,conveys and assigne to Trustee,IN —_
<br /> --- TRU3T,WITH POWER OF 3ALE,for the benefit ond aeaurity of Lender,under and eubJeat to the termo and condlUone herelneite►oet
<br /> �� fonh�!he rea!properry.deecrlt»d ae tollowi�
<br /> --- ��
<br /> �!,�i:�iL; .
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<br /> '�`�'`� Lot Five (5) In Block Six (6) in Dale Roush Second 3ubdivieion,
<br /> ..;;i_.� Hall COURty� N@br88ka
<br /> 4 '.�� _ To ether wifh all buildin a,Im ovemenls,Oxtures,atreets,alle s, essa ewa a,easements,rl hta,privile s and a urte- �__.
<br /> ' p fl p� Y P 9 Y 9 � PP
<br /> `� � .s�,�< . nences loceted thereon or In anywiae perteining thereto,and the rents,Issues end proflts,reversions and remeinders thereof,and _
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<br /> '�"-`�'��� � euah peroonal property thet is alfached to the improvements ao as to constitute a flxture,Includiny,but not Iirnited tu,heatinp and
<br />-. ��"'�t,• �. a coolinp equipmenh and topether with the homestead or maritel Interesta,If any,which Interests are hereby released and walved;ell �`
<br /> ""' ^;w. . of whloh,Inaludinp replacemente and additions thereto,is hereby declared to be a part ol the real estete aecu red by the Ilen of thls �-
<br /> .�`� w Ooad oi Trust end all of the for�yoinp belnp referred to herefn as the"Property". —
<br /> ,; '�,�,,iis`n.. _—
<br /> �!���ti This Daed of Truot ahall secu►e(a)the peyment of the principel sum and interest evidenced by a promi8aay note or credit �_
<br /> *'��-��. , ayreement doted August 2A• 1991 _,havinp a meturity date ot AuguBt 28th, 1996 ,
<br /> � �,__.
<br /> '�'�"'�'� " � o p 9,734.84
<br /> °,; ' In the oN Inal prinai el amount of$ ,and any and all modll�etiona,exte�elons and renewels _
<br /> ��� thereof or thereto end eny end ell future advancea end►eadvances b Borrower(or any ot them i(moro than o�e)hereunder i,-_
<br /> ,. ,.. ,
<br /> :�u� � pu�want to one or more promieeory noter or credit apreemente(hereln called"Note"►;(b)the payment ot other aums advanced by ��y
<br /> :.�-awr-�-.:'.:... .. -
<br /> _','_��i.�: ._..� Lender to protect the aecurily of ihe Note;(c)the perfamence of all covenants and agreementa ol Trustor set forth hereln;and(d)all -
<br /> -= present and luture indebtedneas and oblipatlona ot Borrower(or any of them If more than one)to Lender whether direct,Indirect, �u`
<br /> f•. .�� eb8olute or contlnpent and whether arisinp by note,puaranty,overdraft or otherwfse.The Note,tMs Deed ol Truat and any and all �;-
<br /> :�.�`�;�Y� , ---
<br /> -�s,��,----�,K �• other docuenta that eecure the Note or otherwise executed In connection therewith,Includlrp without Iimltation�uerentees,eeaurly _
<br /> '°-� �••., opreemeMa and essignments of Ieaees end rents,shell be referred to herefn as the"Loan Inetrumente".
<br /> ',�,,,fi, ,..:�', Truator covenanta and agrees wlth Lender as follows: __
<br /> . 1. P�ynNnt ot I�d�btNinNt. All Indebtednesa secured horeby shell be paid when due. _
<br /> -�� � , ' 2. TNI�.Truetor Ia the owner of the Property, hes the right and authorfty to convey Ihe Property,and warrants that lhe Ilen .•
<br /> �-., . created hereby is a firet and prlor Ilen on the Property,except far Ifens and encumbrances set lorth by Trustor in writing and
<br /> � dellvered to Lender belore executfon of thla Deed of Trust,and the execution and dellvery of this Deed of Truat doee not vlolete any
<br /> � contract or other obligetfon to which Trustor is sub�ect. `� ��
<br /> � 3. T�x��,A�aum�nb.To pey bofore delinquency all taxea,special assessments and all other charges ayainst the Properly +�-�;
<br /> ' � now or hereafler levled.
<br /> �� 4. IMUranco.To keep the Property msured against damage by Ilre.hazards included within the term"extended Coverage".end
<br /> ' such other hazarda as Lender may reqwre,�n amounls and with compan�es acceptable to Lender,namfng Lender as an edditionel
<br /> nemed ineured,wlth loas payable to Ihe Lender.ln case of Iosa under such policles,the Lender Is authonzed to adJust,collect and
<br /> compromise,all claims thereunder and ahetl have the option ol applyfng all or part of the fnsurance proceeds(I)to any indebtedness ..
<br /> �� . secured hereby and fn such order ae Lender may determine,(il)to the Trustor to be used for the repalr or restoratlon of the Property
<br /> �� � „ ' or pll)1or any other pu�pose or ob�ect sallafectory to Lender without aHecting the Hen of this Deed of Trust for the full amount secured
<br /> - • hereby before such peyment ever took place.Any appllcetlon of proceeda to fndebtedneas shall not extend or postpone the due �r
<br /> ° dato of any paymenta under the Note. or cure any delault thereunder or hereunder. R �
<br /> -�<� •� :�'.=�s' S. E�erow.Uoon wrltten demand bv Lender,Trustor ahall pay to Lender,in such manner as Lender may despnate,suBicfent �
<br /> � �� .. - v suma to eneble Lender to pay as they become due one or more ot the lollowfng:(I)all taxes,assesamenls and other Charges agamst
<br /> • � ihe Property,pf)the premlums on the property Insurance raqulred hereunder,and(III)the premwms on any mortyaye fnaurance �
<br />-- .;,,. . requlredby Lender.
<br />._ � .. � . 8. M�Mbn�nc�, R�pNrs and Compl�anc�wlth Law�. Trusror shall keep the Property In good conditfon and repafr; sheu �
<br /> - •• " promptly repalr, or replece any improvement whfch may be dameged or destroyed: shall not commlt or permlt any weate or
<br />- deterloretlon of the Properry;ahell not remove,demollah or substantlally alter any of the�mprovsmente on Ihe Property:ehall not
<br />- "n - commlt,euHer or permlt any act to be done in or upon the Property fn vfolatlon of any law,ordf nance,or regulation;and ahall pay and
<br />- promptly dlacherpe af Truetor'a coot end expenae all Ifens,encumbrances and charyea levfed,fmposed or asaesaed egafnst the
<br />,_ . Property or any part thereof.
<br /> " 7. Emin�nt Domaln.lender Is hereby asslyned all compensatlon,awards,damagea and other payments or reliel(herelnafler
<br /> "Proceeds")In connectlon wlth condemnatfon or other taking of the Property or part thereol,or for conveyance In Ileu of condemna- •
<br /> � tlon.Lender ehsll be entltled et Its option to commence,appear In end prosecute In Its own name eny action or proceedings,and
<br /> shell also be entllled to make any compromise or setllament fn connectlon wlth such tekfnp or damafle.In ihe event any portion ot ,
<br /> . �_ NSC 7167(Nauy�eul�unl OM01 Rw IO�BC
<br /> � O 19lY Nq�onal Bm4 0l Commae�fru�t aM S�nnpa Atwu�twn.lmcola N�bnY� �
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