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<br /> ACKNOWLEDGEMENT OF DE�D OF TRUST ��-
<br /> . � ��' 1O8590 -`-±��:
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<br /> �t TRUBTON RFJ1D THIS BEFORE SIdNIN(3: — _
<br /> . :�,g�:';.�•`,�i~ Trustor underotands that the document thal Trustor le about to exeaute Is a Deed ol Trw!end nol e moApape end th�t Ihe power '�;K�_�T: }..;��
<br /> '~. ol sale provided for In the Daed ol Truet providea aubatentlally dlHerent rlphte and oblipadons to Tiu�tor Ihan a mortpape in Iha�vent , ' . ,-_
<br /> • • of a delault or breach ot oblipatlon under the Oaed ot Trust,Includinp,but not limited to,the Lender's riphl to have the Property wld =
<br /> by!he Truetee wlthout any�udlcial prOCeedinp Trustor reD�esents and werranto that this Acknowl pement wa�ox�aut�d by .,�.;_�:.,___
<br /> T�ustor�etore the execution ot 1he QPed v�f T.ust �� / l � �• �?`��=v=�~ '�
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<br /> Terrel l M. He er u•�or ` �:�:;�'''=---
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<br /> � R9ta M. Gonz les Truetor .�k,•�:,��;�:-,—
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<br /> ,� � DEED OF TRUST WITH FUTURE ADVANCES
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<br /> �`� ?+.:,�� ' ecember , 19�L,b and emon
<br /> " ' ��• TNIS OEED OF TRUST,18 mede ae of the��dey Of � Y fl �,��i+,•.,r�};���t��� .
<br /> 'i` . SC.{:�l, .
<br /> � � „ , 1heTrustor, Terrell M. Hertmer a sipgle Rerson and R9ta M Gonzales, a s9ng.l��erson , �' �#�;��_
<br /> ' ��` 1902 East Eldorado, Grand Island, NE hereln��Tr�s�o�,••whether one or more), � �.:F•,y,�,�,
<br /> :� �r . whose mailfnq address Is (
<br /> '..' � . • ihe T�a:stee. York State Bar�k and Trust Compan�__ , ; �..,ys�,f�}�:
<br /> � • � � � 1 �:'��.�.
<br /> ' ! i . '.° '' whoae rnaillnp address�s �00 Lincoln Avenue, York, Nebraska 68�67 _ � (herein°Trus1ee°�,and �:. 1, . .'���
<br /> '� � `�� ���'� Yer�k_ State Bank and Trust Compan� �__ . � . , �' ��'� `
<br /> 'L _ r -�'' .; �tti::"`
<br /> •�' ` ,. . .r.. the 8enaliciary. - — - �� r '+ ,,;.::,:,�
<br /> ��''t�'` whoae mel8np edtlress ia 700 L��ln Avenue, York,.�ebraska (2$qG7 —�here�n"lender"). 4!,�,_� �,�"�•�•.j�•:'r;�:_�
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<br /> . FOR VALUABLE GON3IDERATION,inClud�ng L�nder'8 extanaion o1 credit IdeMified herem to �`'' •' . '`�'``"°��—
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<br />. � �;�:.-� ,.;' ,� ` Terrel l NE. Ner,aner � � ��'��.�s.�
<br /> ,� : ;•,,:��., , �''��• •� _ (heram"�orrower",wh�ather one or more)and ihe Irust herein created, �' , ;r.
<br /> � .., . � , •�, 1�. . '1•r�7�tti
<br /> the recelpt ot w4�;c� �s hereby acknowledged.Ttustor hereby irrevocably grants,translers,conveys and asaigns to 7ruatee,IN
<br /> ' �� - � TRJST,L:':7:i POVV�g OF SALE,!or ihe trenetft and securlty of Lender,��ndpr and subject to the terme and conditlons herefneftar eet _ ��
<br /> � ionn,the real properly.descrfbed as lollowe: LOtS TW@11ty-four (24), Twenty-fi ve (25), Twenty-six (26), ► '�`�
<br /> and Twenty-seven (27), in Frank P. Bark's Subdivision No. Two (2)� being a part of the East
<br /> �� Half of the Northeast Quarter (E1/2NE1/4) of Section Ten (10), Township Eleven (11) North. �, �, :
<br /> � Range Nine (9), West of the 6th P.M. , in Hall County. Nebraska � � ��
<br /> Topether wltl�ell bulldfngs,Improvemenis.lixtures. atreets,alleys,passageways.easements, nghts, prwllages and appurte- . �
<br /> nancea loceted thereon or In anywlse perta�mng thereto.and the renta.�asues and profits,reveraiona and reme�ndera thereoi,end �
<br /> euch peraonal property thal�a atlached to the imp►ovements so as lo constilute a lixture,mcludmfl,but not limrted to,heating end
<br /> coolinp equipmenl;and together with the homeslead or mnntal�nterests.if any.wh�ch�nteresls are hereby released and weived;all
<br /> 01 whloh,lncludfng replacements nnd add�tlons Iharoto,�s hereby declared to be a part ol the reel eetale secured by lhe lien of thfs ,
<br /> Deed ol T�ust and all ot the foregofng being relerred lo heioln ae lhe"Property"
<br /> _ Thie Deed of Trust shall secure(a)tne peyment ot the pnnclpal sum and interest ev�denced by a promlesory note or aredit
<br /> a9reemem da�ed �_December 18. 1991 _�__,na�m9 a ma�ur�ry da�e o� _December 18, 2006 , •
<br /> -- - - ..� `.
<br /> ; m the orlgfnal pnnc�pel amounl 01$ 30�000.�Q . ,and any and all modlhcatlone,extenslons and renewals . •
<br /> thereoi or thereto end any and all luture advances end readvances b Borrower(or eny of them d more than one) hereunder • � ' �
<br /> pursuant to one or more promlasory nates or credll agroements(nere�n called"Note"1,(b)Ihe payment of other sums edvanced by ;
<br /> Lender to protect the securfty ol the Note;(c)lhe per(ormance ol all covenants and agreements of Trustor set forth hereln;and(d)all i
<br /> present and tuture indebtedness and obl�gations ol Borrower�or any ot them�f more than one)to Lender whether dueCt,indlrect, ' : .
<br /> � absolute o►conlingent and whethe►aris�ng by note,guaranty,overdralt or otharwise The Note.this Deed of Trust and any and all �
<br /> i � other doCUents that secure the Note or olherwise executed in connechon therewdh.mcludmg wdhout limitaUon guarantees,BeCUnty , ;
<br /> apreements end assfgnmenta ol leases and rents,shall be referred to herc�in ns the"Laan Instrumenls" �
<br /> � Trustor covenants and agreea wlth Lender as followe .
<br /> 1. Peym�nt ollndobNdnets.All mdebtedness socurod ho�oby shd�l be pa�tl when dua
<br />, 2- TItIY.Trustor Is the owner of IhA Property, hns tho r��ht and.�uU�or�ty la cunvery Ihe Propeity.nnd wnrrante that the hen
<br /> Created hereby is a hrst and prlor Ilen on Iho Pioperty,oxc.ept tur nw�s cind anw�nbiunces sul luiu� by TrusWr m wrdmg and
<br /> dellvered to Lender before execuUon ol th1 s Deed ol Truat.and the execuuon and dehvery of thia Deod of Trust does not vlolete any
<br /> conlr8ct or other obllgetlon to wh�ch Truator�s sub�ect
<br /> 3. T91t9�,A��f�tm�nts,To pey belore del�nquoncy oll toxes,spec�a�aas�ssments nnd nll other chorges 9gain8l the Property
<br /> now or hereafter levied
<br /> 4. ImuranCe.To keep the PropBrly msured against d�'�m��ye by lue.hpza�ds�nciudi�J w�thm tne torm�bxlended coverage",and �
<br /> suCh other hazarde ae Lendet may requuca.in amounts.�nd H•ith co�»pan�es accepl�hle�lo Lende�.naming Lunder as un edddionel
<br /> named inaured.With loss pavable to the Lender In Case ol loss under such pulic�es.th�+Lendur�s authonzed to ad�ust.cUllect and
<br /> .y i COmprOmfse.311 Cla�ms therounder and shttll have thE option ol apP'ryu�9 all o�part ul thir�nsur,�nce proceods UI to any indebtBdness
<br /> � , 6BCUred hereby and in such orde�as Lander��tey determm��.p4 to Ihe Trustw tu hv uye°d�nr fhr�epa�r a restornUon o�lhe Property
<br /> � or pfq for any other purpose or ob�ect snl�s(nctory W Lender wdhout�Nectmg the:u�n ul th�s DeeA of T�uct I��r Ihe�u11 amounl sctcured
<br /> hereby betore such payment ever took pince Any apphcaUOn of procee+ds lu �ndebtedni•ss sh;�u not extend or postpone the due
<br /> � date o1 anv oavmenls under the Note.or cure any de�+tult Iher�W�d�!r Ur hereunder
<br /> � 5. E�crow.Upon wntten dam�nd by Lendei.Truslor ghatl pay lo Lender. �n SuCh munn�r as Lender rn�y dCSign3te.suttiCi@nt
<br /> ! sums to enable Lender to pay as thoy become due one or more ot Ihe touow�ny p�an taxes.assessments ancl otner cna�ges aga�ns�
<br /> i the Property,(ll)the prem�u�9 0^1h@ pr�jp��!.� �ns.,rance�eq�,•ed hprew�der.T��d�����the premwms on any mo�tgagN�n9u�ance
<br /> �equired by Lender
<br /> � 6 Malnt�naneo,qopairs and Compiianee wilh Laws.T'u3fUt Shdll keED thp Prnh��•� •^ nnnd COnpiti0�Flntl rBpAir,Sh811
<br /> , pr�mptly ►eAa�r a r�D�ace a�y �mprovernent wh�c� may be damaged o� desuc�yed. sna�� nul comm�t or permit any waste or
<br /> tleter�o+at�ur ot tne P�oaerty:aha11 not rernove.demoi�sn o�subslantiall�e�ter a�y o' thg�mproverne�ts on tne Prope�j 9h81�npt
<br /> tommit,suHer o�Pe�md�ny act t�be done m o�upon Ihe Pruue�t�m v�olaLoh o�eny iaw,Ordinanc.e.or rCgulA60n,g�tl 9hall p�y 8ntl -
<br /> � D�omptly dlacharge a1 Trusto�'s c�st and expense �11 I�E�s.encumbrances and charges levied.�mposed o�asse8sed aguinst the
<br /> � Propeny or any part thereol.
<br /> � 7. Eminant Domaln.Lende���hertrby aseignetl ell compensation,a+ra�ds,damages and othei paymeti�s or rel�e'�hereinaNer
<br /> "Proceeda")�n C�nneCtion wfth condemnatio�o�other tok�ng of the F'roperty or part thereol.or lor Conveya^ce�n I�eu of condemna-
<br /> tlon.Lender shall be entitled at Its opt�on to cummence,appear in end piasecute����ls Own name nny action or procetedings,and
<br /> • shell also be entitled to make any comprom�se or senlement m connecuon wfth such tak�ng or dmm�ge In the evenf eny pori�o��uf
<br /> �. NBC 3167 INu���yr�c�nur�i Deeo1 pe.10 BB
<br /> i�. �ty9s M�I�on�l B�n►ol tommwrr�i�w��nd S�nnp�As�.r�n•o•.l.�h.d..N�b��s�e �
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