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<br /> � ACKNOWLEONiEMENT OF OEED OF TRUBT • 94� ��949
<br /> TRIJdTOR REAO TWB BEFORE BKiWMiKi:
<br /> 1'nutor un�rWnd�that 1M dooum�nt tftat Trwbr Is abswt to�xaut�I�t O»d o(Trwt�nd�ol a matp�and th�t 1M pow�r
<br /> M ral�provid�d ta In 1h�DMd ol T�wt provW�a�ubM�naally dHhnnt riphb��d abtlp�tlom b TruNa th�n a narlp�p�M IfN w�nt
<br /> of M ON�ult or bnach ol obllast�on undK th�OMd of Trust,inatudlnp,but not ilmlt�d to,tM L�ndw'�r�pht w h�w tM Prap�y w�d
<br /> _ ______ �Trb�lon!h��x�ot+uNo of(fN O�i�d TM I�Trwtor npr�ls u�d wunnta th�t thla soknowNdp�rwnt wa��x�cuNd by
<br /> �;�� — C! S —
<br /> -°�='_--- ----
<br /> .-i� - --- h e C. Fl�bbt?rrwar
<br /> -�---�---— C .
<br /> (Lyle C. Flebbe) Yn,ator
<br /> - -i�ir~�-� OEED OF TRU8T WITH FUTURE ADVANCES
<br /> �� THIS DEED OF TRUST,is m�d�u of tlw_�_day of February _ ,to�,by and amonp
<br /> __._._— -.-r—� �T�r. toset�hLne G Flahbe a sinn^.per:e end L�le C FIRt�6e� w �in�I� w� rsen .
<br /> ��a.�:�R��
<br /> - �s.�..b,..�.n.:���
<br /> - whoN rtyUfnp addra�Is �r�in"TtwWr;'whNl�r on�or mon�
<br /> v
<br /> g,�,r�•.,;r� thaTrustw, five Pnints Bank. a At�M..��L� rd�oratlon - . _--
<br />., � , %�.�;�;`��R'�'':.� who�rn�ilirp addras Is�.n a�Y �Se �•t••+a E 68802-1 S07 (herein'T�u�t�s"),and
<br /> , �,.f. .. ,.
<br /> � •"` q�g���Q�ry, Five Potnta Bank a Nebraska Corporation . ��-.
<br /> r�{:•`.;Y"�',_��:Y�.i''�5;i'S'.•
<br /> r'Sjh�ic��.' ..�:•�; w��fifnp addrWS ia P O BeY 15t17 Grand Isiwnd NF 6ASe2-f 5n7 (h�rWn"L�nd�►'7.
<br /> ��:.`• '�:�:,:';.7,�'�.:..;:��,,;:�;�.
<br />• ' ' ` ''i° FOR VALUABLE CON8IDERATiON,inatudinp Lender'a�xten�ion of credit idvnUtiad hsreln to�.Y�" _r__ FI�[�b� and
<br /> �'/[}'�45L+yr.r.i� � —
<br /> _ ���`�. .a�� ��;�;nhtne C FlehBe (herein"Borroww',whether one or more)and the truat heroin crent�d,
<br /> _ „ � �;- , the recNpt oi which it hsreby acknowiedped, 7rustor hereby Irrevxebly pranta,trana(ero,conveys and aulpns to TrustM,IN
<br /> •'�'""""' � TRUST,WITH POWER OF SALE,for the beneflt and securlty of Lender,undor and�ubJect to tNe terms end conditlons her�InalNr s�t L
<br /> -t?i��±-���-��`�•._` forth,ths roal propa�ty,described aa foliows:
<br /> � The North Twenty-Eight Feet (N28') of Lot Eight (8), and aii of Lot Seven i7). 8iock �:
<br /> Ni�e (9), West Park Addition to the City of Grand Island, Hell County, Neb�aaka.
<br /> Topether with a�l buildinpa,improvementa,flxtures,streets,ntieys, paesayeways,easementa,riphu,privilepes and appurte- _
<br /> nances tocated theraon or in anywiae pertafning thereto,and the renta,Issues and profita,reveraians and remainders thereof,and �
<br /> such parsonal property that is attached to the improvements so as to conetltute a fixture,includinp,but not Ilmited to,heaUnp and r
<br /> = coolinp puipmenk and topether with the homestead or marltai intereats,It eny,which Interests ere hereby reteased and waived:ait �Y .`'
<br /> - of whfoh,includiny replacements and additlons thereto,la hereby deciared to be a part ot the reei tstate:eoured by the�ien ot thls �.-
<br /> ;�R �L_
<br /> Deed ot 7rutt and ali of the torepoinp beln�reterred to heretn aa the"Property".
<br /> _ .;t , �.,
<br />,d .� � Thi�O�d of Trust shali secure(a>the payment of the principal sum and Interest evldanced by a promissory note or credit F-.:
<br /> apreemant dated �r{1�.CY 1- �994 ,haviny a meturity date ot Februar�, 1. 1999 , '��
<br /> �'
<br /> � In the oripine�principat amount of S1i1.��0_DD ,and any and all modllicatlon=,extensions and renewals ��=
<br /> '�--_
<br /> . � th�rwt or thereto and any and aIi future advances and readvances to Borrower(or any ot them If more than one)hereunder �,,,,.
<br /> purwant to one or mure p�•omissory notei or cradit apreements(hereln called"Note");(b)the payment ot other sums advanced by "�;
<br /> ; L�nder to protect the�ecurlry of the Note:(c)the performance of all covenants and ayreements af Truator set torth herein;and(d)a�l �,.
<br />- preeent and tuture indebtedneas and obilpationa ot Borrower(or any ot them it more than one)to Lender whether direCt,indlrect, -
<br /> � "'�' • absolute or contlngent and whether arialny by note,guaranty,overdraft or otherwise.The Note.thls Oeed of Trust and any end all ��.
<br /> . . ,M4�....
<br /> other doauents that secure the Note or otherwise executed In connectlon therewith,includtnp without limitatlon yuarant�as,seourity �,Q._
<br /> • � aprsements and assipnmente of Ieases and re�ta,ehalt be referred to hereln as the"Loan instrumenta".
<br /> , �,;,M„ � �r - � Tru�tor covensnts and eyrees wlth Lender as foltows:
<br /> �` , 1. Payn►�nt of Ind�badn�.All indebtednesa secured hereby ehali be patd when due. 3 rk
<br /> � � 2. TfN�.Trustor la the owner o}the Property,has the rfpht end authorlty to convey the Property,and werrants that the Iien ,!.!_-.
<br /> i�`� ��'� � � created hereby fs a ilrat and prlor Iien on the Property,except tor Ilens and encumbrances aet torth by Trustor in writinp and :
<br /> r ' , delivered to Lender before executfon of this Daed ot Trust,and the executlon and delivery oi thia Deed of Truet does not violota any ;
<br /> �•� conk�ct or other obtiDatlon to which Truator Is subject. •'
<br /> .x'• ' � 3.TaxM,Afs�un�Mb.To pay before detlnquency ett taxes,special a9�tlsyments�+nd ali olher charqes aqalnzt the Properiy ._
<br /> � now or hsreatter tavled. ��t�`
<br /> r'�' . ,. Inwtanu.To keep the Property Insured ayafnst damaye by fire,hezerds Inciuded wlihinthe term"extended coverape",and '��"
<br /> - `�i;..�`,:�,. such othor hazards aa Lender may requfre,in amounts and with companles acceptabie to Lender,naminp Lender as an additional � •
<br /> •!"'.; • nam�d Insund,with lott pay�bte to the Lender.In ceae of loas under such poiiclea,the Lender Is authorized to adjwt,coliect and . .
<br /> � ,;;_.;-•. ,.,:�. com(xomiso,�II ciatms thereunder and ehett have the optlon of applylny ali or part ot the Insurance prxeeds(I)to any indebt�dness
<br /> ia:;:.� ., s�our�d hsnby and in auch order a�Lende�may determine,(H)to the Trustor to be used for the repeir or restoratlon oi the Property
<br /> "'""'"`."''�••�'' or(lil)for an othsr r ss or ob)�ct sed�lactory to Lender without aBectin thv Ilon of this Daed otTrust tor th�(ui�amount sacurod �
<br /> _ ... ,.,,:�..;.,. Y Pu Po fl
<br /> ''w � ;�, ; hK�by bdore such p�ym�nt�wr took placa Any appilcatlon ot proceed�to Indebt�dnsss stull not�xtend or poatpono the dua - .
<br /> "� �+. .H ; daM of any paymsnb under the Note,or cure any default thereunder or hereunder. ` �
<br /> _...:_.. ,
<br /> b. Escrow.Upon writtan demand by Lender,Trustor aheil pay to Lender,in such manner as Lender may dealpnete,autticient :.,�
<br /> _...�.�_"�_�.._�.,�.............���.,e.u.....i.....�n ott�...�. .•...�w..n���nei nfh�r r.hwrewa aa�f�llt ,:
<br /> Wllli W�INIWO L.�IY�i lV F1a�P�NIO)vovvttwuYV v�w vr.wrv vr•r.v....r....... •
<br /> ����+ tlw Pt , li�tho nmiums on th� ro o insurmce r ulred harwnder,and Uq ths premium�on an mo►t e s insurancs �°``
<br /> ^_� I I ��'tY l P P P �'h� � ( y G � -,
<br /> � rpuind by L.�nder.
<br /> 8. MalnMn�na�,R�In and Compllanc�wifh I.�wi.Tru�tor chall kaep the Property fn yood conditlon and repair,ahati �,,,,
<br /> prompqy np�ir,or nplac�any Improvsment which may bs dam�pad or d�atroysd; shell not commit or psrmit any wa�to or ±�;,
<br /> dMKioradon o4 the PropeAy;shall not removs,demotish or�ubstantlalty altor any of the imp�ovem�nb on the Prop�Ay:shdl not
<br /> commlt,wf(K or p�rmit�ny�at to b�don�in or upon ths Prop�rty In vIol�Uon of any Iaw,ordinanc�,or rspuiatlon;and shatl pay�nd
<br /> promptly di�chu��t Tru�ta'�cott�nd�xpena all Il�nt,�noumbranca�nd charyes I�vi�d,imposed or as��d aqainst th�
<br /> Prap�ly or�ny p�rt thK�of.
<br /> 7. En�NwM Da►NNi.L�nder I�Mnby aaipnod�II comp�nution,awuda,damap�s and oth�r paymenb or nlNf(h�rNnatt�r �,..i
<br /> "ProcNds'�In co�MCllon wlth cond�mrnUon or oth�r takin�ot th�PropKty or p��t tMno(,or for conwy+�nc�In Ii�u of cond�mna- �
<br /> tton.L�nd�r�halt b��ndN�d�t Its optlon to commsnc�,app�ar in and prowcuU in its own nam��ny�aUon or procMdinpt,and
<br /> — th�ll ala b�entltMd b m�ko��y compromiw or fottl�nt fn conn�ctlon with woh takinp or damap�,in tM�v�nt any portion of
<br /> -- Mcaw�w•wr�w«o..nM«�o.M �i '
<br /> -=o...�. O��wrwwwr«c.�w..��ws..rr.�..�wwti unww�.N.w.w
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