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<br /> ACKNOWLEDOMEPIT TO DEED OF TRUBT
<br /> 7M und�nlpn�d"Tru�tor'as Id�ntlfl�d In tM followlnp DNd of Tru�t,wh�thsr on�a more,underetwnd th�t ths doaum�nt
<br /> I• I 4,�I . th�y�a about to sxecut�Is a Desd of T�u�t and not�mort�p�,and th�t th�power of wl�prorid�d for In th�ONd of Trust
<br /> provldN aubstantlally dlH�rent riphta�nd obllp�tlom to th�Borrow�ra th�n a mortpape In the event ot�d�t�ult a br��ah of
<br /> oblip�tbn und�►ths D�ed of Trust,Includln0,but not IimMsd to,ths B�nsflol� ' rlqht to hnve the Prop�rty Identltled In ths
<br /> , followlnp Deed of Truat sold by ths Trustee wlthout �ny Judlcial procoed 0 rustor repres�nt�a wunnts th�t thls
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<br /> n of he M�d
<br /> f ru�t hen�fter ut ort .
<br /> � ' : „• � ''.� Acknowlsdpm�nt wYS�x�outed by them bsforo th�sx�outlo t
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<br /> '' Hoche
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<br /> � ��'• ' �',�''/ . �G����L�`'�/�J�¢�Q��'- - ,��:'.
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<br /> �' I�ary Kathryn Reeves-Hoche
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<br /> ''''�`'�'�''�"'"�=� HOME E�UITY LIWE DEED OF TRUST
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<br /> �� . THIS TRUST DEED m�de thls�_d4y of Sep�ember ,19�_,b�tween eo gps A Hoche and marv ,
<br /> ` Kathrvn Reeves-Hoche. herelnafler aall "Trusto►",whoae maillnp address la�609 Ste ecoach� G. I. NE.68801
<br /> �� � � • Rrend R. Baack 104 N. eeler, . ..
<br /> � ,Attorney ot Law,whose maillnp addees la �
<br /> � , . .� � as"Truatee";and Home Federal SAVin�s and Loen Aesoalatlon of(3rand Itlond.whoee mailin�eddnsa Is 2218oulh Loaust.
<br /> • " P.O.Box 1009,Qrand Islend,Nebraska A8802,as"Beneflolory".
<br /> - �-------� �; Fa v�iwbfe conaider�tion,Truaior irrevoaably{�r�nis,ironefere,conveya and asslpns ta Trusise,is�iassi,wlih poxrar o! •
<br /> Y�!•� sale,for the bensfit and eecurity of Beneficlary under�nd eubjeot to the terms�nd condltions of thls Deqd of Trust,ths follow•
<br /> � � ' Inp desa�lbed prop�rty locat�d In Ha�l CountY ,N�braska,to wit:
<br /> . All of l.ot Twenty-Two (22), Coachplace Subdivision, in the Cfty of Grand
<br /> Island, Hall County, Nebraska and that part of Lot Twenty-Dne (21),
<br /> ` Coachplace Subdivisfon, in the City of Grand Island, Hall County, Nebrask
<br /> '� more completely described as follows: Beginning at the Southwest corner
<br /> .,..
<br /> ;�, of Lot 7wenty-One (21) and running along the Westerly Boundary line
<br /> �•,• . , of seid Lot 21 a distance of 17.15 feet. thence deflecting in a south-
<br /> �;� ', �� easterly direction and running parallel to the southerly boundary line
<br /> �'� � ' of said Lot 21 to a point on the easterly boundary line of said Lot
<br /> . 21� thence deflecting in a southerly directian and running alang the
<br /> .�' :�' � ` � easterly boundary line of said Lot 21 a di stance of 18.70 feet, thence
<br /> • �� ' deflecting in a northwesterly direction and running along the southerly
<br /> 1•�''.". boui�daay line of said Lot 21 to the point of beginning.
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<br /> topether with all bulldlnps,Iixturea, Improvements and appuhenpnces thereunto belonflln�, N helnp apreed that all of the
<br /> , •. lwepoing ehall be herelnaiter referred to as the"Prope►!y". .�.
<br /> FOR THE PURPOSE OF SECURINO performance of each ayreement and covenant oi Truator herein contAined and the ppy
<br /> � � ' mentofthepNncipelsumof_IhfT�Tho�and and_no�10p---------------------Dollars�t 30.Q00.00 1, �„
<br /> as evidenced by a Home Federel Home Equlty Loan Ayreement between Trustor and Beneflclary(the"Loan Ayreement"),pur•
<br /> suant to which Beneflclery wltl edvence funds to T�ustor from tlme to time at the Intereat rates end upon the terms p�ovided �
<br /> • � ' thenln,tapether wlth eny aum or sums of money wlth Interest thereon whlch may herealter be pald or advanced under the
<br /> t ; � . terme oi thle Deed of Trust,bath principal aum end Inte�eat thereon belnp payable acCOrdinp to the terms set forth in the Loan
<br /> Apreement,reference to whlch la hereby mede,af the oftice of the Beneliclary in(i�and Island,Nebreaka, or at such other
<br /> � . plece es Beneficlary may dealynafe In wrNlny.
<br /> � ; ,� TRUSTER AND BENEFICIARY COVENANT ANO AGREE AS FOLLOWS:
<br /> , 1,W�nMty of TNI�.Truator Is law(ully selzed of the P�operty;has goad rlght and lewful authorNy to sell and convey the Pro•
<br /> � � . perty;the Prope►ty le free and ciear of all Ilens and encumberances except Ilena now of record;end Trustor wl ll warrant and de�
<br /> ' • , . tend the tltle to the Propehy unto the Trustee and its succesaors and as�igna forever egalnat the cleima of all persons,
<br /> �� �,, ,�,,. •. � 2.P�ym�nf of Princlpd�nd Int�nst.Truator shall punctually pay the principal of,and Inierest on,all advancea under fhe
<br /> __;._ .: ' Loan Ap�eement end wlll punctually perform all apreements,conditlona end provislons of any other security Instrument ylven
<br /> �- �--��-,` ' � In conneotlon wlth this transaction.
<br /> � � � 3.P���rv�tlon and M�InNn�nc�of Propariy.Truator wfll not commit any waste upon the Property et wlll,at all timea,maln•
<br /> � �: tain the same In pood ader and conditlon and wlll make,lrom time to time,all repairs,renewals,replaceme�ta,additlons end
<br /> Improvements whlch are reasonebly requlred to prevent weste,impelrment,or deterloration of said property.No bulldlnp or
<br /> k= � Improvernent now or hereaRer erected upon the PropeNy ahall he altered, removed or demolished wlthou4 the prior wrltten
<br /> � , 1 � aonaent of Beneflclary.
<br /> 4.In�ur�.Truetor,et Ite expense,will malntaln with Inaurers epproved by 8eneflclary,Inaurance wlth reepeot to the Im•
<br /> j ; ' �� � proveme�ts and pereooal proerty constltutlnp the Property ayalnat loas by fl�e,Ii�htnlnp,tornado and othe�perlla covered by
<br /> ;, � , ; standard extended coveraqe endorsement In an amount equal to at least one hu�dred percent of the full replecement value
<br /> � thereof,�nd Ineurance apalnet suoh other hazards and In euch amount ea Is customarlly cerrled by owners and operators of
<br /> �j • • � slmllar prope�tles and ae Beneflolary may requlre for Its proteetlon.Truetor wlll eomply wlth auch other requiremente as
<br /> ' �• Ben�flclary mey from time to tlme requeet for the protectlon by Inaurance of the Interest of the respective panies. All In•
<br /> : , surance poticlee malntalned pursuant to this Deed of Trust ahall name Trustor a�d Beneflclery as Insureds,as thelr reapective
<br /> , Intereata may appear and provide that there ehall be no cencellatlon or modlficatlon without flfteen (1S)doye prlor wrltten f
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