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<br /> _ -__-- �'{•4 � " __ '� ql� lUbi�h =
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<br /> , ACKNOWLED�EMEWT OF DEED OF TRIJBT
<br /> _�,.�
<br /> - � _ = TRU8TOA FiEAD THIS BEFORE 810NINf�: '
<br /> '-��� Trwta und�rwnd�thdth�docum�nt that Truator b about W�x�aut�I��DNd of Trun and nol�matp��nd Ihd tM pow�r �
<br /> - ��,�� ot aN provid�d tor in th�DMd of Trun prqvida�ubshmi�lly dNhrud riphb�nd oWlp�tlona l01'rustor than s moKp�p�in th�w�M --
<br /> � of�dstault or br�oh of obllp�tton und�r the DMd of Trust,Inoludlnp,but na mihd to,th�Land�r'�dpht to hav�th�Prop�r sold
<br /> — �_l--- T�rw��bNon th��outlmon of Ilh�'pOMd of Tnp�.Trust�or npripenh�nd th�t th owl�dpmm�t wa�x�ouf�d by
<br /> �.:���,�.-.
<br /> =";°,;.:- �tor
<br /> m�+-;,•, .
<br /> `��`�''��"�� �' DEHD OF TRUBT WITH FUTURE ADVANCES
<br /> ;�.
<br /> �''•�"%�:� .�." TMIS DEEO OF TRUST,Is mede es of the 12th day of �p' ,19 91�by end omonp
<br /> - _ _ -�_�'=--�; . O�nny K Ob�rp ; FAITH A OBERR . hwb�nd qnd Mii�
<br /> =�.y..e,;, :
<br /> ._.<<-=�N„�•�
<br /> ----.,_:;_,;�:J th�T�u�tor, tir�nd i�l�nd N� 68801-3709 �
<br /> -�-"��'�' whoa�m�INnp�ddreea It (heraln"T�u�tor;'whothor orw or mor�),
<br /> _ --�'�'�'�� :- Fiv� Poial� Bank, a Il�br��k� Corpor�tion -- -
<br /> �.r�r�.. :
<br /> --- K•._— - tho Tnutoe� ,
<br /> - .�,y�,��`.•, , P.O. Box iSw7 fir�nd I�land. NB 68802
<br /> �tl== "'°'}�r.:';;}��,� : whoso malllnp eddress Is (herein"Truetee'�,end
<br /> .N,� .
<br /> � �•;,,�;, Piw Poi.at� Bank �Y
<br /> -__�r��_ ��„°''. the Beneflolory� � �.��
<br /> :RRj�� ,,,':��k_�. ' P.O. Box 13�7 arand I�l�nd� NE. 68802-is07 ,
<br /> - _°— _�;,. .,, ,�„� who�e malAnp eddross i� (heroin"Lendor q.
<br /> �`..�" 'A Danny K Ob�rq
<br /> -_;�:;�'a:�'�;'.�'� ., • FOR VALUABLE CONSIDEHATION,includlnp Lender's exWmlon of credit identlftad he►eln to
<br /> ��.�Q�:y,�,�,;:x,��_:. , i FAITN A OBER�i =
<br /> (hereln"Borrower",whether one or more)end the t►uat hereln created,
<br /> �y' '�� ;;;,� ' the recoipt of whlah is hereby acknowledped,Truetor hereby Irrevxably prenta,tranelers,conveys and aselpns to Trustee, IN
<br /> �'��• �,;�:�� :r TRU3T,WITH POWER OF SALE,for the beneflt and securlry of Lender,under and aub�ect to the terms and condlHons herelnstter set
<br /> _ ..� T� fC�OtlNTY�BRA3KA�dEl�11��MfR�PI"�UBDIYISION TO THE CI7'Y OF GR/1UD ISI.AIID, HALL
<br /> --t�:'� ":xile�,� . •
<br /> :r`'� ;%f � .•
<br /> .. �Yt .�� —.
<br /> � .. Topether wlth all bulldinps,Improvements,(Ixtures,atreeta,alleys,passapeweys,easernents,rlphte,privllepes and appurte-
<br /> �•'='�� �"� � nancea loceted thereon or in enywtae perteining thereto,and the renta,Isaues and prollts,reveralona and remalndera thereof,end
<br /> V- '"' � auch personal propery that Is attached to the Improvements so as to constltute a flxture,Includinp,but not Ilmlted to,headnp and �_�
<br /> �Y�� ° coolinp equlpment;and together wlth the homeatead or marltal Intereats,lf any,whlch Interests are hereby releaaed and welved;all
<br /> • ��-��•- � :•.� of whlch,includlnp replecemente and addltlons thereto,Is hereby dealered to be e paA of the real esmte seaurad by the flen of thi� �'-'
<br /> ,' . ' Dead of T►uot aid ell of the forapolnp belnp referred to hereln aa the"Property".
<br /> -�� �� �� .� " Thls Doed of Trust ahall secure(a)the payment of the princlpal eum and Intereet evldenced by a promissory note a credlt �' ''
<br /> �
<br /> ° '�" �' S�pt��ba 12th 1991 Octob�r i�t 2N1
<br /> _ .,�Mk:t�� eyreement deted ,havfn�e maturlly dete of , ��»•
<br /> . -�' t.:��;,� ;�3,. .. 4S�N0.00
<br /> .n ' -,,� $' {n the orf�lnel princlpel amount ol$ ,and eny end ell modllfcetfone,extenalons and renewals =
<br /> ' � thereot or thereb end any end all future advancea and reedvences to Borrower(or any of them If more than one)hereunder =-
<br /> '44..�- . " . f =_
<br /> ` r. pursuant to one or more promisaory notea or credlt agreements(hereln celled"Note'y;(b)the payment of other aums advanced by �.:._
<br /> _ , , Lender to protect the security oi the Note;(c)the perlormence of all covenants and ayreements of Truator set torth hereln;and(d)all `•-'
<br /> y W ^ °� preaent and luture Indebtedness end obHyatlons ol8orrower(or any of them If moro than one)to Lender whether dlrect,Indlrect, `"'
<br />�.T,y__ , ` , �,,, _ " __:. ,y abaolute or conUngent and whether arlsing by note,guara�ry,overdrak or otherwlae.The Note,thls Oeed of Truat and any and all
<br /> ���;.::w •' " other docuenta that secure the Note or otherwlse executed in connactlon therewith,Includlnp wllhout Ilmitatlon pueranteea,�cur8y � ..-
<br /> ,... . -
<br /> '�"' ° '" ° �" apreemenfa end easlpnmente ol leases end rents,shall be referred to herein as the"Loan Inahument�". `
<br />- ,��� .. Truator cuvenants and epreee wlth Lender as follows: _ --
<br /> �• ' . 1. Paym�nt oi Ind�bt�dn�u.All Indebtedness secured hereby shall be pald when due. 1�t,;,-:
<br /> � 2.Tlfl�.Trustor Is the owner of the Property,has the rlght and authorlty to convey the Properry,and warranta thaf the Hen C.".
<br /> .. ° created hereby la a flrst and prlor Ilen on the Property,except lor Ifens and encumbrancea set forth by Trustor In wrlting and '}
<br /> ' dellvered to Lender before executlon of thla Oeed of Trust,and the executlon and dellvery of thla Deed of Trust doea�ot vfolete any t:�;
<br /> „ contreCt Or othor obllgetbn to whlch Trustor fs sub�ect.
<br /> „ 3. Taxu,An�um�nb.To pey before dellnquency all texea,apecial asaessments end all other Cherfles ayalnst fhe PrOperty
<br /> � .. ' ncrw or hereafter levled.
<br /> 4. In�urme�.To kee the Pro e Insured a alnst dama e b ffre,hazards included withm the term"extended covera e" and �'•,
<br /> P P nY 9 9 Y p .
<br /> � • such ather hezards as Lender rnay requfre.In amounts and wlth companies accepteble to Lender,naming Lender as an addlflonel �
<br /> nemed Insured,wlth loss payeble to the Lender.In case ot loss under such poucies,the Lender fs authorfzod to edjust collect end
<br /> compromise,all clalms thereunder end shall have the optlon of applying all or part of the Inaurance proceeda(1)to any Indebtedness �
<br /> secured hereby end In auch order es Lender may determinA,(If)to the Trustor to be used for the repalr or restoratfon of the Property � �
<br /> .�, or(Ilf)lor any other purpoae or ob►ect setlslactory to Lender wlthout aflectfng the Ilen ol this Deed ol Trust tor the lull amount secured �
<br />. - � he�eby before such peyment ever took place.Any appllcadon of proceeds to fndebtednesa shell not extend or postpone the due •
<br /> " �� •. date of any payments under Ihe Note,or cure any delault thereunder or hereunder.
<br /> - r. C�w�wW I lnnn.u�IMen ele.nur�ei 1..•1 nn.ln T.�e�n n�.nll.. .�..1 en.�n In ..1.... ��...../.. ..�....�......�.. ..ui��..�.
<br /> .- . . �. � ��.� ......�..� . �� �.... ...�............�„�� ... . . .�.................... . . �j.. ...y.. ...�.r�a. �
<br /> • � sums to eneble Lenddr to pay as they become due one or more of the tollowing.(I)all taxos,assoesments and other Cherges against '
<br /> �� the Property,(ff)the premfuma on the property insurance requlred hereunder,and(Ifi)the premfums on any mortflaye inaurance '
<br /> ' . requlred by Lende�.
<br /> .. ' 8. M�Mt�nmc�,R�pakt and Campll�nc�wllh Law�.Trustor shall keep the Property In good conditlon and repalr; shall
<br /> promptly repair,or replace eny Improvement which may be damaged or destroyed: ahall not commit or permlt any waste or
<br /> deterloretion of the Property;shall not remove,demolish or substentlally alter any of the improvemenls on the Property;shall not
<br /> commlf,sufler or permit eny act to be done m or upon the Properly In vfolatlon of any Iaw,ord�nance,or reguletfon;and ahall pay and
<br /> ' • promptly dlecharpe at Trustor's cost and expenae all Ilens,encumbrencea and charyes levied,fmposed or assesaed ayainst the
<br />' • Propery or any part thereof.
<br /> 7. Emin�nt Dom�ln.Lender le hereby asalQned all compensetlon,awards,damagos and olher payments or rellet(herelnaker
<br /> •' . "Prxeeds"11n connectlon wllh condemnatlon or other takfng of the Property or part thereot,or Ipr conveyance in Ifeu ot condemnu-
<br /> � tfon.Lender shall be entlNed et Ita nptlon to commence.appear in and proaecute in its own neme any actlon or proceedings.and
<br /> � ' ehall a18o be enlltled to make any compromlae or setllement In connectfon with such takfnp or damefle In the event any portfon of
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