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<br /> ACKNOWLEDGEMENT OF DEED OF TRU8T 91� 106265
<br /> �'�; TRUBTOR REAA TH18 BEFORE 810NINQ: � -------
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<br />- '�;' Trustor undoralanda thatlhe documen!that Truata la about to exeoute Is e Deed o1 Tru�t And nat�mortg�g�and that th�pow�r �------ ---
<br /> ��:-� ol wk p►avid�d br in tM Owd of T►uu provlde��ubsbntlaNy dfffersnt rlphb and oblip�tion�to Trustor th�n�mort�Q�In th�w�nt
<br /> � of�dNwN or brwoh ot oblip�pon undsr the Deed of Trust includlnp,but not ll mlted to,the Lender'e ripht to heve ths Propsrty wld
<br /> by th�TrwtN without any�udiol�l prxe�dinp.Tru�Wr roprasents and w�rr�nb th�t thls anknowlodpement w���xYOUt�d by —"
<br /> . ` . . Tni�tor bMon th��x�oudon of th�Deed of Trutl. y� ��
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<br /> ,.. ',.� •..:,. 1.NG��^� � �J
<br /> � � _��� �--
<br /> - • .�.. .. ._ ---
<br /> „� x�,;:,;,,,.�'' �� Trustor --.
<br /> J �t�,� (�C���Gt i.�-r,c>
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<br />�'� . , Trustor
<br />��.�'�;��;,I�iw:.'�. :„� �. -°
<br />�. i11.Cp�J:...�. .
<br />�'����w-� � � DEED OF TRU8T WITH FUTURE ADVANCE8 ��`__�"°'
<br /> T'�-�� c—=i�_—-—n�-..
<br />'�'';�"� ��'+'•� . "� THIS DEED OF TFiUST,is made ea o1 the �tb day of �� 19 91 by end emonp
<br /> •r•�� .�; ?�_•� Milli�� A P�t�rNn i Bu►dr� P�t�rN� , hwb�nd �nd •ii�
<br />�.L1 . th�Tru�tor, x ' � �
<br /> rui • �n �
<br /> ' � ����• •• • whoa m�lllnp addres�is (herein"7ruoWr;'whother one a more� _
<br /> `�•.��_; Fiv� Point� B�alc. � 11�br��k� Corpor�lion
<br /> �"L � Y. .•„ fh�Tru�tr� , �� �--°_ -- -
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<br />�' • �' '�-*�• P.O. Box 1307 Gr�nd i�i�nd. NL 6980Z
<br />'�` " �:�l;' � whow mallinp address ia (he►eln"Truetee"),and � •
<br /> " Fiw Point� B�ak w�:•---�
<br />�. . �. Y; . ,�,�::�`. tha 8anaflciary, �
<br /> �.�;,� P.O. Box 1307 Gr�nd I�l�nd, N6. 68802-1s07 --
<br />�,_ -; K� � . whow mallinp address Is (herein"Lender'7.
<br /> , Milli�� A P�l�ra�n
<br /> r �.�.,�;•� , •� FOR VALUABLE CON3IDERATION,fncludlnp Lender's extenelon ol credit Identieed herefn to
<br />' ,..,�,�,,, ." i S�ndr� P�t�r�n �_
<br /> , (hereln"Borrower', whether one or more)and the irust hereln created,
<br />.� �� • � tho recetpt of whlch ia hereby acknowledped,Truator hereby Irrevocably yrants,transfera,conveys and aesigns to Trustee, IN
<br /> ,.:� ! TRUST,WITH POWEFi OF 3ALE,for the benellt and securfry of Lender,under and subJect to the terma end conditlons herelnofta►tat _
<br /> . h ior�tb�ha�'�I°�y+;df�r���t��lY:; b�inp • p�rt of Lot Tirenty i20f. P�rL oQ Lo�t� - ----_—
<br /> 't °�°� T��nty-An� I21) and Tr�nty 7ro (22I oi tR� County Subdivi�ion oi thQ Moat H�li =_
<br /> ,t � o� th� South��at Ou�rt�r iMl/28M1/�) oi S�ation T�n 1101 Tornthip El�v�n �il)
<br /> Morth Srnp• Nin� t91 Mnt oi th� 6th P.M. H�li County, kobr�eka, and • p�rt oi
<br /> ' ... w �� Lots bn� 111 u�d Tro (2) �nd Thr� l3) Bloak Pour l�L), Voit].�'• Addition, •11
<br /> , in !h� City oi ar�nd I�l�nd, N�11 Coun�y. Nobra�k�.
<br /> �• Topethe�wilh all bufldlnqs,Improvements,lixtures,streets,alleys,passa9aways,easements,rights,prlvlle�ea and appurte• . ,�-�����_�
<br /> � �� � nances located thereon or In anywise pertalning thereto,and the rents,issuea and profits,reveraiona and remalnders thereof,and it=�`•`.�:-
<br /> auah personal property that la attached to the fmprovementa ao as to constltute e Ilxwre,includinp,but not Iimited to,heatinp end i3"��"` � �
<br /> � . coolinp equlpment;and together with the homealeed or marital Intereata,i1 eny,which Intereats are hereby released and walved;all I
<br /> of which,lncludinp replacements end edditlona thereto,ls hereby declared to be a part of the real eatete oecured by the Ilen of thh -----•�-� '
<br /> Oovd of Truat and all of the torepoinp beinq referred to hereln as the"Property". �"�`°��_
<br /> -Tr:F:_:_
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<br /> Thi�Deed ol Truat ahall aecure(a)ihe payment of the principal sum and mtereet evldenced by a promlasory note or credit �r`�'= `' -y
<br /> ' Srpt�wb�r ZOth 1991 S�pt��b�r 13th 1996 �"�'
<br /> • opreament deted ,haviny a mawrity date of . �=�=�j�=--� --
<br /> 33,715.8� �_�1°¢-
<br /> �� in the original principal amount ol$ . end any and alt modllicatlons,extenslona and renewels �r�;;°,:.;•::
<br /> � • thereof or thereto end any end ell future advances and readvances to Borrower(or any of them If more than one)hereunder [� �;;::4�_•
<br /> • purouant to one or more promissory notea or credit agreements(herein called "Note"1;(b)the payment of other sums advanced by ` '�}',-• c_;.
<br /> . Lender to protect the aecuriry of the Note:(c)the pe�formance ot all covenants and agreemeMS ol Trustor set lorth herefn;and(d)all �� - n��• �
<br /> • � preaent and future Indebtednesa and obUyatlona ot Borrower(or any ol them il more than one)to lender whether direct,indirect �� ���'•��-�,.,�n;
<br /> , absolute or contingeM end whether erlaing by note,yuaranty,overdrafl or otherwise.The Note,thfs Deed ol Trust and any and all � ' __��
<br /> � • � other dxuenta that aecure tha Note or otherwise executed In connectlon therewith,Including wlthout limitatlon guarantees,security r; �-
<br /> � apreementa end eaeignmeMe of IeBeea and renits,shell be referred to hereln as the"Loan Instruments". vu;�'����;�-_
<br /> , Trustor covenenta and egreea wllh Lender ea folbws: �; `-,
<br /> � 1. P�ym�nt ol lnd�bt�dn�u.All Indebtedness secured hereby shell be paid when due. �r4+•°' ,
<br /> s • 2. Titl�.Trustor la the owner ot the Property.has the right and euthority to convey the Property,and warrants that the Ilen �' •
<br /> created heieby Is a tiret and prfor I�en on Ihe Property. excapt for Ilens and encumbrances set forth by Trustor fn wrftfng and
<br /> delivered to Lender before execution of fhls Deed o(Trust,and the execution a nd delrvery ol this Deed ot Trust d0e8�ot vlolete any
<br /> contraCt or other obligatlon to which Trustor is subject.
<br /> 3. T�x��,Aatasm�nU.To pay before delfnquenCy all laxes.spec�al assessments and all other charges apalnst the Property , ' .
<br /> now or hereatter levied. .
<br /> = 4, Insuranc�.To keep iha Prop�rty msured aga�nsl damage by lire,hazard s�ncluded withm the term"extended coverage",and '
<br /> such other hazerds es Lender may requlre.In amounte and wfth companies acceptable to Lender,naming Lender as an additlonel
<br /> nemed insured,wlth loss payable to the Lender.ln caee ol toss under such polic�ea,the Lender Is authorized to ad�ust,collect and
<br /> Compromise,all clalma Ihereunder and shall have the option ol applying all or part ot the�nsurance proceeds(f)to any Indebtedneas
<br /> aecured hereby and fn such order as Lender may determine,(�I)to ihe Trustor to be used for the repafr or restoration of the Property
<br /> or(III)(or any other purpoae or ob�ect satistactory to Lender w►thout aHecting thQ lien of this Deed of Trust lor the tull amount secured
<br /> , hereby before auch payment ever took place. Any epplication of proceeds to mdebtedness shall not extend or postpone the due
<br /> date o}any payments under the Note,or cure any delault thereunder or hereunder.
<br /> 5. E�crow.Uoon wrftten demond bv Lender.Trustor shall uav to Lender, in such manner as Lender mav desfanate,sufllclent
<br /> � oums to eneble Lendor to pay as they become duo one or more ol the follnwmg:(i�all taxes,assessments and other charges agamst ,
<br /> t the Property.(II)ihe prem�umt on ihe prOperty msurance requved hereunder,and(ui)the premiums on any mortgaye msurence
<br /> _ requlred by Lender.
<br /> 6. Malnt�n�nc�, R�palrt�nd Canpll�nc�wlth Law�.Trustor shall keep the Property m good condition and repeir;shall
<br /> promptiy repelr,or replace any improvement which may be damaged or deatroyed: shall not commit or permlt any waste or
<br /> , deterlOretlon ol the Property:ahall not remove,demoliah or eubatentially atter any ol the improvements on the Property;shall not
<br /> ; Commit,suHer or permR any ect to be done m or upon the Properry in vioiation o1 any law,ordinance,or regulatlon;and shall pay and
<br /> " promptly dlscharye at Truotor's cost and expense ull tlens,ancumbrt�nces and charges levled,imposed or assessod agt►Inst the
<br /> , '� Properly or any part thereol.
<br /> � 7. Emin�nt DOmaln.Lender Is hereby assipned all compensatlon,awards,damages end other payments or relief(hereinafter
<br /> "Proceeds")In Connecllun wlth condemnntlon or other takfny of the Properl�r or part ihere�l,or lor conveyance�n Ifeu of condemna•
<br /> _ tlon.Lendor shall be entltled at tss opUOn tu cou��nen,.n,appaa� in and prosec ute in Its own name any actlon or procesdtngs,and
<br /> � shell aleo be entltled to make eny comproml9e or aetllement In connection with suCh teklnp or damagv.In the event any portlon ot
<br /> N�C 3A671Nonpncul�w��UwM R�r 10�e! �
<br /> O 1f/�N�tanU e��t d Camm�c�iru�l�Mf S�r�np�A�WC�Nmn l�ncoln N�M�M�
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