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<br /> _ _ ACKNOWL�D�iEMENT OF DEED OF TRUBT 93�,���9
<br /> - -- - TRUBTOR R0�►0 TNI�lEI�'QRE BKiNN14
<br /> _ -- - - Tw�or und�rW�nd�1h�uh�doawrwnt that Truko►t��bout b�x�auM I�s M�d ot Truu ond nol a mortp�p��r+d lhat IM Pow� �
<br /> - ----- ol�aN P►��lor In tlw OMd of Trwt Pro�id�subW nWily dNNnnt rlpht�ind obllp�Uoas b TruNo►th�n�malp�p�in ItN w�M
<br /> ���� ol a dM�ult a brNCb of obtip�don und�t!h�DNd of Truq.ineludlnp,but not IlmiMd to,th�L�rb�r'�rlpht b haw ttN PrOprrty�old
<br /> - by tlw T►u�without�ny Judicf�l procNdlnp.Trustor r�wnb and wsrtsn�thut thb aakrwwMdp�rtNnt wa��x�ouMd bY
<br /> : Trwtor b�bn tlM�x�cutlon of tfN DMd ot Trua. , , _
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<br /> � �� A LliNr Truqo� Sinql� P�r�on -
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<br /> — --- Tru�tor
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<br /> � ` �� -- DEED OF TRUST WITH FUTURE AOVANCES —�
<br /> �� TH19 OEEO OF TRUST,i�a�as ot th�.�BL�day of Bo� �1�-�•bY+^���
<br /> �:�--.� J�an l.�i�r , sinol� a�r�on •
<br /> tlw T�ustor, �� r,Ag
<br /> --~;= _ .• • �:4�s�'� erelrt"TrusCoir."-1f81�+�i b�r�i d�r mon).
<br /> _ • .x .,:�,.,..� 1S1Y li Hro�dr�ll Grand I�l�nd 3
<br /> ��T�,�i;��-•`�'�: who�malAnp�ddrps is m
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<br /> �t:,;� . tM 7ruaw, Five Points Bank, � liebra�ka Corcoratioa
<br /> ���'-:.�'�.,,;.:,��, . ;�� who�mauin0�ddr�u is P.0. Box 1507 Grand Ialsnd. NB 68802 (Iwain"TrustN'7,+u�d
<br /> •' . ��y� Fiv� Points Bsak . • _
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<br /> . . W������ 2015 11 Broadr�li Graad Iiland. IL- 68�2-1�� —(hKein"L�nd�r'7•
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<br /> .�.:�:�-.. • • ' - FOH VALUABIE CON8IDERATION,includinp Lender's�xtonsion of cradlt id�ntlfiad h�rNn to
<br /> • Jean I.�ipr (hsroin"Borrower",whether ona or more)and the trust hsnin creNW,
<br /> •� � ths rec�ipt ot which is hareby acknowiedped,Trustor hereby Irravocably�rants,tronstsra,conveys and as�lpni to Truste�,IN
<br /> " TRUST,WITH POWER OF SALE,tor the beneflt and sscurity of Lender,under and sub�ect to the terms and condlGans henlnaftsr fst
<br /> -_- - -�-=`==--- tOrLh�the tea! properly.d�ri�!w�►tetbws:
<br /> • . LOT 184 i S4'OP LOT 183. IM MfiST LAMA. AN ADDITIOIi ?0 TNE CITY OF GRAIiD
<br /> ISLA1iD. HALL. COUK?Y. NfiBRASKA
<br /> ToDether wlth all buildinys,improvements,fixtu�ea,streets,alieya,passapewaya,easemenri,riphts,privlle�ea and appurte-
<br /> nanus located th�reon or fn anywiae pertaininy thereto,and the renb,issues and profits,reverslona and remainders thereot,and
<br /> � such p�rsonwl property that Is attach�d to the Improvements so as to constitute�fixWre,inctudinp,but nat Iimited to,fieaUny end _
<br /> codinp�quipmHtk and topether with the homestead cr maritel tntereats,if any,which intereata a�e hereby released and waived;ail f�
<br /> �� � , ot wh�h,inciudlnp�eplacements and additions thereto,is hereby dealarad to be a part of the�eal eatate secured by ihe Ii�n of thts
<br /> '�6. Oe�d ot Trust and ail o}the toreDoiny belnp reterred to hereln as the"Property". _
<br /> ;+ -
<br /> i �, This Os�d ot Truit shali securo(a)the payment of iha principat surn and fnterest evidenced by a promisaory note or credit =
<br /> apr�nt dated �eve�hor iath t aa� ,havinp a maturity date ot �,,,t��sr�lb i994 •
<br /> , • � in th�aiylnnl principai amount of S— 13 801 5� ,end any and ail modlfications,extenslona and renewals
<br /> � th�reof or thento and eny and oit future advances end readvences to Borrower(or any of them If more than one)hereunder
<br /> punuant W one or more promis�ory notes or credit agreements(herein calied"Note");(b)the payment of other sums advanced by �
<br /> � Lsnd�r to protect the aecurity of the Note:(c)the performance of eti covenants and apreementa oi Truator set forth horein;and(d)ail
<br /> ;'• , .+ present and tuture indabtedness and oblipatlons of 6orrower(or any ot them it more than one)to Lende�whether direc�indlrecR
<br /> ,�, • � ab8ofute or continpent and whether arfsiny by note,guaranry,overdraft or otherwiae,.The Note,this Deed of 7rust and any and aIi
<br /> • oth�rdxuenUthat securethe Note or otherwfae executed In connection the�ewfth,Includlnfl without Ilmltetionguannteea.seourity
<br />� � apr�ements and assipnmenta of leases and rents,shali be referred to herein aa the"Loen Inatruments".
<br />�. �,.. �`�;� Trustor covsnanta and apreeo with Lendar as foilows:
<br />� ��•• i j�,...- 1. PaynNnt ol led�bt�dn�.All indebtedness secured hereby shatl be peid when due.
<br />:' �{ ' ,. . � . 2. T f N�.T r u a t o r i s t h e o w n a r of the Pro p e r t y,has the ri pht and autho►ity to convey the Property,and warrants that the Ilen
<br />` �t , cre�ted hereby ia a tiret and prlor Ifen on the PropeAy,except tor Ilena and encumbrances set torth by Trustor In writing an d
<br />:1• delivered to Lendvr before execution of thfs Deed of Trust,and the executlon and delivery of thla Deed of Trust doea not viotate any
<br />' 4 contract ar other obll�ation to whfch Trustor Is subject
<br />' � 3. Tax�s�At�stm�nb.To pay before delinquency all taxes,special assesements and ait other charpeseyefntt thQ Property .
<br />-x now or hKeaRer ievled. "
<br /> -� ' 4. Inwrana.To keep the Property tnaured against demage by fire,hazerds included wfth�n the term"extended coverege",and
<br />� N� wch other hazords as Lender may requlre,in amounts and with companies acceptable to Lender,namtny Lender as an additlonat
<br /> mt}_ "^� �, nam�d Insut�d,with iosa paynble to the Lender.In caee of loas unde�auch poitclea,the Lender 1s authorized to adJust,coliect and
<br /> ;,-v� � " '��',`..;''• compromise.all cialm�thereund�r and�hall have the optlon of applying ell or part ot the In�rurance proceeds p►to any indebtsdneas
<br /> -__ aecured hereby and in such order aa Lender may determine.(fi)to the Truator to be used for the repefr or re�torAtion of the Property
<br /> � �� � ',f';;� t'�k�• . . or(III)tor any othe►purposs or ob�ect aaUatactory to Lender without aHectiny the Ilen of this Deed ot Trust tor the fuli emount secured
<br /> -- T � -�"�'��''' h�rsb betore tuch a ment ever took ptace.An a pllcatfon of proceeds to Indebtednesa sha�l not oztend or pottpona the due
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<br /> ��'`�' .;,�•' :'�%;'-` d�t�of any p�ymsnb under the Note,or cure eny detault thereunder or hereunder,
<br /> 6. Eacrow.Upon written demend by Lender,Truetor ahall pay to Lender,in auch manner as Lendar may dealpnate,eufllcleni
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<br /> "A:,� �. „ . , -. {YIII{t0�nabte Lander to pay as tney Decome aue one or more oi ms ioiiowiny:(i)eii iu�cia,Msei.a:���a��w a��..au�e:..���.;,o.. ��^..•
<br /> -- -'��"�� ' th�Property.pq tha pnmlums on the properly inaurance requfred hereunder,and pIt)tha premlum4 on any mortqaye Insur�nce
<br /> --' _ � ' `�': rpulrW by Lendsr.
<br /> � 1 8. MainMnw�c�,R�paks and Comptl�nc�wlth Law�.Trustor shall keep the Property I�9ood condltbn and repair,ahall
<br /> Rrompdy npak,or ��ptace a�y lmprovement whlch may be damaped or datroyed; ahalt not commit or permlt eny wa�te or
<br /> doqrioratlon of ths Property;shAll�ot remove,demo�lah or tubsU�ntlalty alter any of the tmprovemenb on the Property;shall not
<br /> commlt,wK�ror pKmlt any act to b�dona in or upon tha Prop�rty In vlotatlon of any law,ordlnance.or reyulatlon�and sh�Il pay and
<br /> �' promptly dlscht►y�at Truttor's co�t and vxpsnsa all II�m,�naumbanc�s and ctwrpes lavied,Impo�d or aae�Nd apainst thv
<br /> Prop�ry or any p�rt thsnof.
<br /> 7, E�1n�nt po�nNn.L�nder Is h�nby aulpnsd�II compansaGon,swards,damapet and other paymenq or rNIN(h�reinattar
<br /> "ProcMds")In oonn�ctlon with cond�mn�tion or othsrt�klnp of th�Prop�M1y or partthereof,or br convsyanc�In II�u of cond�mna-
<br /> tlon,t.�nd�r thall b��ndd�d at Ib optlon to comm�nce,�pp�ar In and proaecut�In tta own nams any acUon or proceedlnyt,and
<br /> `-. �h�ll alw b��ntltl�d to m�k�any comproml�e or tettl�m�nt In conn�oUOn wlth euch taklnp or d�m�qe.ln tM w�nt�ny poAlon of
<br /> �...:�vrs� IMC�Ii71M�MYMUrN WMMv.tO�q ' 1 ' •
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