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<br /> . ' ACKNOWL�DO�M�MT OF O�RO O�TIIIJ�T 9;�'���ar�
<br /> . n�ro�ne�c t�s�t�eia�a
<br /> �und«+�f�tfwueMdoaum�m q�t Trwtor I�.bout b�x�oubl.•OMd a TruN a+d Mlan�rxqilp��nd IhM1f�Poww
<br /> ��aN 1�In tIN ONd d Trwt ptovldM wbManW�ly difNr�M�IOMO u�d ObllpatlqrM f0 TnMtO►th�n�morlp�p�In Yf��vw�t
<br /> ol• ull or brMOh c�f oW Ip�Uon und�r th�ONd of Trup,Inotudinp,but not Ilmlad to.th�I,+wwJM's rlpM b haw tM PropMh�old
<br /> b�r ttN Tiu�w(piout�ny Judblal proo�dlnp,T►wto�►pnMntr�nd wK�b fAa!tl�in aCMMwMdpMrMnt wa�x�ourd b�l
<br /> �Mlon Ih��noudw�d th�DMd ot T�wt
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<br /> P�'�'RIOI♦ Yh�topr Yi •
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<br /> `` � �; .. DEED OF TRUBT WITH FUTUR��DVANGE$•
<br /> �'�", r3lD. , ,18�by Nld MI1011p
<br /> ' '' ' TNI$E�CD OF 7RU8T,a rt�ds As oi tha�Z#�h_dsY ot , ,
<br /> � qN��y�� Rob�rt D Hanaoak i PATRICIA J. HAN� �� f+uo�and �nd wif� �
<br /> .r'�f whcnia mN11np addre�s� 1800 M �.INCOLN HMY. Orarad Tal�pdherei�'Tn�or:'w�hilh ornl w mon),
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<br /> `r:' -. �7r�� Five Poiats B�nk. a Mebr��ka Corpor�tion �
<br /> ';;,��•'� P.O. Box i�Qi9 Rr�nd I.land, ME 68802 he�ein�T�wtes'
<br /> ,,,. .,.:;p� who�m�llinp�ddras I� ( 1,and
<br /> : �_ :<,��r. .,
<br /> , ., �����ry� Fiv� Point� Bank �
<br /> ��� � � r dr;`�;�'i�;:�� ' whose nudnnp nddrees I� 281� N. 6ro�drQil Lirand I�land• A8. 68802-1307 (�ereln"tAnder'�.
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<br /> � ��.��':i r,; RoMrt D N�naoak
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<br /> � � '�� ' �`-•"''' f�a' ROR VALUABLE CON910EiiATION,�noludinq�Lende►'�extenslon ot aredit Identi8ed herei�W
<br /> ,� ,....
<br /> �n'�.t`Y�i , '���;,;;y
<br /> �; f.�"� ��; '• 6 PATRICIA J. HANCOCK (hereln°eonower".whether one or more)a�d ihe ttust h9rqle creetad,
<br /> ,.� . ��'� �,';?��yR};},.''� �S' the recelpt ot which Is hereby acknowled�ed,Tru�tor hereby irrevocably prants,transfe►s,conveys and asaipns to TrusWs,IN �
<br /> �,� "}"�" �$ ' TRUBT,WITH POWER OF BALE,for the benefl!and aecurlry o1 l.ender,under��d pubJect to tt�e terms and cond�lons hereinafhr sN 'wr
<br /> ' . ��� :,.:���; `
<br /> `. . lath,!he r�t!pro�eAy.Ue�lcrihed�e fell4we:
<br /> ',' ,'.•.t,i�.:;�,t'k?;,;<yn?s��,;: ".;,. LOT tEN (10) I8 BLOCK $EVENrBBN (17) IH PACKF,It AI�D BARR'S SECOND AODITIOH TO
<br /> . :. �.;e: . THE CI?Y OP tiRAlID I5LAND, NAI.�. CQUNTY. NEBR�SK�I.
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<br /> � � ,�`�' � :�'��� �� Topether wlth all bulldinps.Improvements,fixtures,atreete,olleys,passe9ewaye,Qasemenb,riphta,privllepea end appurte-
<br /> ,. •�� mnca tooated thereon or In pnywlse pertelninp thereto,and the renl�,lssues and profits,revenlons and rameindon thenot,and
<br /> , � : . �uch pertonel prop�rty Ihet b altachod to lhe fmprovemenb ao as to cornttluta a fixtura,includinp,but not Umlled to,heatinp and
<br /> � coolfnp oqulpmor.��nd lopether wllh the homealead or marflal intereta,il any,whlch interests are hereby releaWd�nd waiv�d;�11 ;;t..
<br /> ;�,� �. , : of which,includln�replocement�and addidona thareto,is hereby declared to be a part M th�roal ost�ts wau►�d by the R�n ot this
<br /> $ D�ad ot Tru�t and all 01 th�forepolnp bein�referrad W horeln o�tho"Property".
<br /> ' �� ' Thls Msd of TNSt�hall aecure(a)1he paymont ot Uw p►Incipal�um and Intaroat avidancod by a promiawry not�a crWlt
<br /> `�. .
<br /> �i ., � � .,, ° '_ apreemant datad 5,e�nteehmr 17th 2993 ,hp��np e metunty data ot SQ�te�bQr 17th 199B
<br /> �
<br /> � ' 76,000.00
<br /> •� � �� In ths orl�lnal princlpal amount of S ,end any and alt modificaUons,extanalom and ren�wals
<br /> � '� th�reof or thareto and any and all tuture advances and readvences to Borrower(or any of them il more tha� one)herounder
<br /> - =`=_='�' T - , puriru�nl to ono or mose p�omiswry nots�or credR aprcomcnt�(hcroln caticd"Nota");(b)thc paymont ot other sums advanced by
<br /> � •� Lender to prpt�ct the security of the Note;(c)the perlormance of all covenants and apreements ol Trustor set forlh harefn;end(d)all
<br /> „ , � present and tulure Indebtedness and obOpationa of Borrower(or any ot them d more than one)to Lender whether dlrect,indlrecR
<br /> , � �:: ` ab9olute or ConNn�ent end whethor arlsinp by note,puaranty,overd�aR or otherwice.The Note,this Deed of Trust end eny and all
<br /> �.• .'• . f.�n. other dOCUente that eecure the Note or othe►wlse exeCUted In connectbn iherewith,�nclud�ng w�thout Iimitotlon puarantees,aecurity
<br /> � � � � "' apreemenfa and aselpnmenta ot leases end rents,shall be re}erred to herein es the"Loan Instrumonls".
<br /> 1 �"F�"'-�������, Trustor covenents and ayraea with Lender as lollows:
<br /> y�o v`° `•+' 1. Pa�m�nl of Ind�bbdn�ss.All indebtedness aecured hereby shall be paid when due.
<br /> t ' � ' „ • ' .�.;",. 2.TNN.TruatOr Ia the ownor of the Property,has the right and authoriry to convey the Property,Snd warrantB that the Nen r
<br /> "��• • created hereb la a Ilrat and prior lien on the Properly,except lor liens and encumbrances set loAh b Trustor In wrlti and
<br /> .,.�C�' . ,.;t�i�... : ' Y Y �W
<br /> ; .r;;;�;,;�?,� dellvered to Lender before exeCUtion of thia Deed of Trust,and the executbn and delrvery of thia Deed of Trust doea not rfol8te any "=�°
<br /> � ; ' .� �i^:`i'.::.'�:� contrect or other abllpatbn to which T�ustor Is aubject.
<br /> �/ ' 3.Taa�s.Ms�f�mmb.To pay before dellnquency all taxes,special asseasmenta end all othor charpes apainst the P�opeAy
<br /> � ! ,.� , '�i�;r,•!'
<br /> �a¢ • � • . '. . now w hereafter fevied.
<br /> 4. Imunnp.To keep the Properiy insured agalnat damepo by flre.hazerds included wfthln tha term"extended covarape",and
<br /> '���� � ; t' •� such othar hezards aa lender may requlre.in amounts and wlth companies acceptable to Lender,namfng Lender aa an addillonal
<br /> �;', : � : " nemed inaured,with losa paysble to ihe Lender.In case of loss under such policies,the Lende►is eulhon�ed to ed�ust,collect end
<br /> compromise,all clalms thereunder end shell have the optfon of applying ell or part of the msurance proceeda(1)to any indebtedness
<br /> ' ' " secured hereby end In auch order es Le�der may determine,pf)to the Trustor to be used lor the repeir or restoratlon of the Property
<br /> � � or(fll)lor any other purpose or obJect eatiolectory to Lender without eHectinp the Ilen of thls Deed ol Truat for the lull amount aecured
<br /> heraby before ouch payment ever took plece.Any applicetfon ol proceeds to indebtedness shall not extend ar postpone tho due �
<br /> ` � � �� ' dat9 of eny paymenb under the Note,or cure any default thereunder o�hereunder, j
<br /> S. Esorow.Upon wrlKen demand by Lender,Trustor ahall pay to Lender,fn such manner as Lender mey desfpnate,suHlclent �.
<br /> ,•:� • � sume to enabte Lender to pay as they become due one or more of the lollow�np:p►an taxes,aseesement8 ana otner Cne►rpes ayalnat '
<br /> ��•�'�:�, ,,.
<br /> ,� � , •�,,;;;..,;;; . fhe Property,(fq the premiumt on the property Insuronce requfred hereunder,end(iii)the premlums on any mortpape inauranco �;':�•
<br /> :: . . �,�t\�r.�,f,.. required by Lender. �"`•`;'.
<br /> i_ :;;,'�.
<br /> , .� � '� 8, M�Inhn�nc�,R�path and CompUsnc�wllh Law�.Truator shall keep the Property in pood conditlon end repafr;aha11 .�:.!:;
<br /> �Y ' ,� �� :,:`;�r•, s°.. prOmpUy repalr,or reploce any Improvement which may be damaped or deatroyed;ahall not commiC or permit eny waste or ;,::,�
<br /> � �`'� �.,.�:`;;�3i�,j�~ ' deterloradon ol fhe Property;9ha1!not remove,demolfsh or subslBnUally at4e► any of the Improvements on the Property:shell not
<br /> i ` :'r;��;%•�� ' commif.suHer or permit�ny act to Oe dane In or upon the Property in vlolation of any law,ord�nance,or reyulatlon;and shall pay and
<br /> i -� �,��..
<br /> � ��;U';s: prorr+pUy dl�cher�e at Trusta'o coat and expen�e all liens,encumbronces and char�es levled,Impoaed or assessed oqeinat the
<br /> � ,ra'• " Property Or Hny part thereof.
<br /> � t. � 7. Emltant Domdn.Lender is hereby aasipned all compensation,awarda,dema�ee and other payments or rellei(hereinaHer t
<br /> • .;` "Prxeed�"�fn Connectlon wllh condemnation or other taklnp ol the PropeAy or part thereof,or lor conveyance In Ifeu of condemna- f
<br /> ' ' tlon.Lender shatl be entltled at its optfon to commence,appear In end prosecute in fb own neme any aCtlo�or praceedfnps,and '�
<br />� ___ __ ' �_ " ehBU elEn be enHHed to maka�ny compromi�e or settlemont fn connecqon wfth ouch taklny a damaqe In the event eny porN�rt of
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<br /> �D w�csu�owra�ar�w�o.w���o�M ' .
<br /> ' O f/N NnyNl��N M CMiwMM irw rd iwsry�Mweylqn.4ncoln N�brwt� �
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