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<br /> =— . ` . `:. ACKNQWLEDQEMENT OF OEED OF TRI�T .. � ,� �.
<br /> -�� , - ��������: � � � � �:�I�-= l06994.
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<br /> =—�°- Tn�u nndersdnd�thatlMdocum�nttAatTrutLOrts�bout�execuES taa Dssd of Truqand nel�rt�a+l�iar+dtRitthe powa�-
<br /> '�°�� o1mhP�►id�dtortntA�DaedotTnntD�ovidesaubstarnialh►�t������o^atoTru�larthanart�p�(rt1h�e�r�nt
<br /> -� � a}�,�unarbract�ofobti�tlonundsrtAeOsedofTruaLincludng,butaqtltmit�to thel+ender'srlShttoMv�fh�P�oprrtytotd .
<br /> Tn�EOrTbetor�e tlie execWonjou�e Opaed�c of tn�rus�r rapreaertts and warranL4 Mat�hts cknowi�OpenNn!was exacateQ�y
<br /> -� _ Rud�l€ F. �
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<br /> : �. �EED�F TRUST WITH FUTURE AQVI[NCES
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<br /> �'�`T , , TMIS DE�Q OF TRUST:is miads aa of the.1$t1L•.day,ot — 19�1.,bI►and amon� �
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<br /> � �'�.��•.;:�7r��°s}�' x!►a18 maiqn�addr�s ts 2606 Old Faix R� � �cand Islanc�. NE 6�13�-t��'Tnistor:'whesher one or more� ��`
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<br /> • .•M�;�•�;�< �87ruste9. Fine Pein � °*- �atr� t�n.TV�ratim � �"'!
<br /> � '��-'�:�- �ose maping address Ia P.O. Box 1507. (�ra�`3slant3. I3E 68802-1507 � �r:`Trustee"}.and ��--
<br /> '?= .+.rQf=t�s''' the Beneflci�.;..�'�ve Pointa 8ank s::. ' . ���s�° _-
<br /> , , ,t ` ��fi�=�t<,yh whosema�a�dressis P O Box 1507� G�attc7 Islane��� 68802-1507 __ �grein"I.ende �'_,�,:;'_ -;---
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<br /> � '���;� < i ,t`: � FOR VAWABLE Ca!�:�ERATION,tncluding Lerte��r's extens[on oi credit ide�n`:d he�ein to��'�t�'�-" P18tA ��"""'� --
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<br /> . . '.�`.• . ,,:`.'rf�.:. • � 2nc � . • :(herein"8err�wer".whathet one or rt�aec�and��trm�herein created. �` �` '.:�'
<br /> ...�r:.. : �;�.t'�, 'Realtv. ;:;
<br /> � � *•.'��,., tha receipt ot whtcb is hereby acknowiedged,Trustat :*ereby irreua�ly gr�rtts,transfers�,e¢rrva��s���s to Tn�stee,(N ' '„ 'y,;'�
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<br /> ,.�4;:�` •. :;�,�:!,�fy. TRUST,W17"HPOYYEROFSALE.tonhebene}itandsec�-ityotlender,tsiderandsuh!ecttotFetc-rES��a�'�nsheretnafterset r-.. •,•.:��_
<br /> � .�: � �� ,,t.�.,, '.xarth,the real property.described as tollowa ' .,:' "'`' "'��-'-�—
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<br /> � , �. . �.�.:. �mt Five (5)� R � 8 2nd Subdivision 4� the City af C� rslanc�. �3'c�^�tgv Nebraska. ' r' , `
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<br /> . ...c:;,;��,;';'r�;r�����.,. . Together with ait 6�s�d;n�;,i�;,r���-�-ts.fixtures.streets.atleys.Passageways.easemenµ;�;�ss.pr"rviteges and app.s�- f '�.; `�. :�.;•,t:.=�,�,�„'�'�
<br /> � 1�yf;s�„ �;{; nances iocated thereon or�n anywfae aertai�ing thereto,an�the rents,issues and propts,reversiqrs;and rertk-.i-��ers thefeol ar,a ��jt-��� �� �, •
<br /> ;�•' ° auch personal praperiy that Is attached tfl the improvemen�s so as to constitute a fixture,inc►uding,b�t nOt li:�r�:�t to,heaUng and •��.' . ��
<br /> �'`F}`'t'�.�� ��:�;'��t�� coollng equipment and together with the homestead or maritat interests,i1 any,which interestsar�h9-'eby re�c-c�a:8nd waiveA:a11 +`'`' .,•t.:
<br /> , ".:"t�h;;;s,;' of whiCh.inctuding replacements and ads-?'ons thereto.ia hereby deciared to be a part ottha re2J.i�f:.�s seoureC by the iien olthis { ,. ;� ,:+i
<br /> Oeed ot Trust and aU oi the toregoing De��3 retened to herefn as the"Property". 1� ,''x`�!'� "
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<br /> - � � This Oeed ot 1Yust shalt secure(a}!t��aymentat the prirtcipal sum art0 interest evid2rcca;by.a prar�s�:ry note or credit � ���"'� � � .
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<br /> .r`'4'�:,"; ap�eement dated 12/29/90 -- .havtng a matur�ty data ot 12/�34�1 , � ' . ' , . . :.
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<br /> • ��'•-' � ..��;�?;��•� in the orig:r�l-�7sinclpal amount Ot S �••���-� ..and any and all mod:�c.�!�:i-s.extB�sr:�s and rene�h:s l k3�:���; .- •
<br /> � , �• ,.�:•:•:� � ���''`�'� ' lhereof ar t�hr=r�to artd any and all h,�ttrc-.��vances and readvancc`,�Borrower(or any of"..���U�;rnore th8r►one�hereiT�+a� !`, � ,�,��}P;;r�'�`,'.
<br /> �''`��:�.•� � �" purouantto one qr more promissory not:3.r�redit a�-aements(herein called"NGtL'1�(b)the payr.��=it o 1 o t her sums a d van c e d�`ry ;,, . � .
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<br /> Lendertoprotectthesec�.�`r.faffheNote;(c3theDer`a���ceofalicovenantsar,d cr��menisotTrustorsetro.�c.t!erein:and(d)al! �s•�+� .•. .
<br /> • present end future indebiedness end obligations of Ec�•�rawer(or any ot them If m�?r.�an one�to Lender whe:"--r3�direct,in0irect, ;�#��° ; .��:•r:; � ..
<br /> � . . '!�' ' �*�•, absolute or con.tngent and whether arising by note.guaranty,overd�ait or otherwise.The No(e,mis Deed of Trust and any and all � '� �,':/,:�:;• ��, � .
<br /> � ' �r�`t uther docuent8 that secure the Note or a"^erwise executed in connection therewith,inctuding wittr:a:��?mitation guarantee9,sesurlry : � � ���° °
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<br /> ` reement9 and assi nments of teases and rents,shail be rate�red to herein as the°Loan Instrurn�^*s". � •'• .�`i,r..•�'i'�
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<br /> � Trustor cavenants and agrees witb Lender as followa: � , ",!�.;'• :
<br /> - • t. Paym�nt oi(nQ�btlQne�s.A11 indebtedness secured hereby shatl be paid when due. , ' � �
<br /> � . 2.TNI�.Trustor is the owner ot the Property,has the right and authority to convey the P�:�:�;rtq,and warrants that the lien ! •
<br /> � Created hereby is a first and prior Ilen on the Property.except for Ilens and encumbrances a:�'fsrth by Trustor in wrlting end i • .
<br /> ' ' � `.���� Cef ivered to Lender betore exec��cn a",his�eed ot Trust,and the execution and delivery of�;.s D�i�01 Trust does iot vlolate any 1 ; ,,�
<br /> . .� ,`', Co3��rect cr C��°et Obitg8liOn t^..t'�'u��1.'n�stor is subjeCt. ; , '�,.�.'.,,.. .
<br /> ` � • � 3. 1F8�Ass�ssme^st+a.'�G ix��:_���►e detinquency au taMes,speeia�assessmenra�nj��::.,;;�e��charges again9t ihe P�opSZy , a�;,
<br /> ;t. ' • .°:+N or her�aitel tevied. . "', .
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<br /> ' �:,;;: . _:�.;, ; 4. ti»ar�nc�.To kae;.ttti3?ropercy�n9urod agamst damage by t�re,harards irc�u�Gd�w•s•�r•.ne term��extenrted coverage",and �,�.�.:
<br /> r ?��� , : �.-;i��� s�ch olhev�hazard9 as Lender may require,in amaunts and wlth compantes accepkL~�+�;o Ce��:R,aaming lendEr as an aCdiGOnal
<br /> ,•;��`,`t;, named�cn<,ki�a0,with las9 payabtetot�:e;.�nder.fn case ot foss under such potiCles,the Lender is,a�lthor�ied to adjust,coilect and � ,;, <�;
<br /> ' . � ' ���',•�`,;• campro�iSE:aIlctBimethereunderandJ;al3havetheoptiono}apptyinga�lorpartottheinsurarcepra.zeds(i)toanyindebtedne5s .� '
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<br /> ' �''" � �'`�''����`���' 98cured hereby and in such order as Ler.:r:•:may dstermine,(ii)to the Trustor to be used for the rcr�ira r restoration of the Property '-��":�'
<br /> �..�� ,�.�l,r�'�,`:.:� •�
<br /> , : or(iii)torany other purpose or object satislactary to Lender withoui aHecting the Ilen of this Oeed of Tra3t for the full amount SeCUred
<br /> • ""' '!r��•'�`.';'�' hereDy before such payment eve�took place.Any app�ication o}p►oceeds tv inaebtedness shall not eMten�or postpons the due , ,
<br /> '- ii�"'!' . :.�ti j':i;�,.,.
<br /> , ,, ,(,,.,,, Aate of any payments under the Note.or cure any deiauit thereuntla►or hereunder.
<br /> • • '`;;;;';�:', 5. E�eraw.Upon written demanQ by Lertder,Trustor shall pay to Lende�.in such manaer as�ertder may designate,suHicient
<br /> � .�,:;� � sumsto enabte Lender to pay as they become due one or mo�e ot thetoltawing.�i)al!taxes.assessments and other charges against
<br /> � th9 Property.(li)the�remiums on the property Insurance required hereunder,and(��i)the prem�ums on any moRgage insurance
<br /> • required by Lender.
<br /> � • 8. M�Int�nane�,R*p�trs end Compllanes with Laws.Trustor shan keep the Prope►ty�rt good cond�tion and repair,sha11
<br /> � pramptty repalr,ar replace eny improvement whtch may be damagQd or destrayed,shaU not commii ar permit any waste or '.
<br /> � detedoration of the Property:shall not remove,demol�sh or substant�atty a�ter any ot the improvemeMS on the Property:shall not
<br /> ' � commft,suNer or permitany act to beQane In ar uponthe Praperty m vio�at�on of any law,ord:nartce.or regntation;and snalt pay and
<br /> promptty dlscharge at Trusto�'s cost and expense all liens.encumbrances and charges levied,imposed or essessed against the
<br /> =- = _°-- = -=-__-; Pr�pe!�or any pan mereor - -
<br /> : _ -: �`-�-------:------ ' 7. Emirt�ntDartairr.EertHar isi��Ebyesst necJ�a}i c4rr+ . �
<br /> � y Rer►satton.awards.da�sagesacactotharpay�sanlsorraliat(kcrcki�liffi - : --• - --. .
<br /> "PiOCeed9'7 in connection with condemnation or other takirtg of the Property or part thereof,or tor conveyanee in lieu ot conQemna-
<br /> Uon.Lender shall be enHtied at its option to commenee,appear in and Rrosecute in its own name any sedon dt proceedings.and
<br /> 'R . shall atsa be entltted to make any compromise or se�lement in eonnection w�th such fahing ar damage.Iri the event arry port�on of . ,
<br /> � . xeeu����neaewm�uo�swa«.�o�ee � �
<br /> 014lek�tpna�Cm�MCemm��csl�ustuieSirNpsAUaeuemnt�neom.Nedaus � '
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