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<br /> ACKNOWLEDaEMENT OF DtED OF TRI/dT
<br /> n�usrw��T►«.�o�� 94_ 9,O�.Ot�B
<br /> T�uedKMM��t 11�doawnmt wat Trwbr Mabad a paouM M s M�d ol Tru�t�nd Mf a malp��nd Mwt IIM powu
<br /> o�W�P�ovkMd far In thr DMd d Trwt P����h►��k�M�n4 obM�Mio�N b TruMo►Nw�a�nafprp�In pM MMM
<br /> of•d�Muk or bn�ch ol obHpWon und�r th�DMd a Tn�t.includlnp,but not Ilmll�d b.th�LM�dK'.ripM a h�w th�PropK11►wW
<br /> �uMpr bMon �oullon d MM O�Md ToQ �.�r�pr�nU�nd wu�1s Ih�t Ihis I�dpwe�n wa ex�oubd bf►
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<br /> - (ItoM Dur
<br /> - (Stsvsn G. Durbaw) T��
<br /> -- DEED OP TRUBT WITH FUTURE ADVANCE�
<br /> THIS DEED OF TRUST,i��wrb u ot tl��gtih day of Januar ��p�by���rqnp
<br /> us an an w e
<br /> t�Truqa.� �obarta K. Durtua and Staven G. Durbam�d/b1a Lorda 6 I.�dies Nair Desi�tn Studio
<br /> w������ 921 West 2nd Street, Grand Island, NE 6880�Nn"Tiuqor;'whMhw on�a moa�,
<br /> .-� �.f�� o�.... n�i«�• A�nL � 1Jshns�lr• r...r�orallon .r..—�—r
<br /> w������ P.O. Box 1507, Grand Islend, NE 688Q2-1507 �������,�
<br /> ��ry� Five Points Bank, a Nebraeka Corporation .
<br /> yrhpN t�itpnp addr�Ma b P.�. Bux 1507. ,{=+'a d sl nd� NR 6880 -�1507 —(h�fN�i"L�1dK'�.
<br /> - FOR VALUABIE CONSIDERAT�0N,Inaiudinp Lsnd�r's�xtreWon of cndit IdonGfi�d hsnin lo Rnhorrd f(_ iSnrl+ne
<br /> and Steven G. Durhu, d/b/a Lorda b
<br /> - (herein"Borrowe",whether one or more)and the trust herNn crsat�d,
<br /> -- t�h�s ncNp�t of whict�Is �by acknowied�d�T�u�tor hereby Irrevocabiy�ranb,transisrs,canveys�nd auipm to TrustM,IN
<br /> ._—_ —__ _ �I IVJ���•„���V,��i���v���r fsr th�bar.r!:tar.d sQaurtr;c':.�•••Iw.�.n�.wnel���W�nf M HM fA►mA UIN�rtAfMllfiOfl�hMM11�NN�t1� .
<br /> _ �..�� N,r,�,.�.«���.�,.ny,dwc►ibod u fdbwa r
<br /> _���� Lot Four (4), in Block Oae Hundred Saventeea (I17). Railroad Addition to tha City
<br /> �
<br /> -- of Grand Island, Hall County, Nehsaska.
<br /> i�.
<br /> �.�,..:.wh Topsthsr with ail bulidinps,ImprovemenU,fixture4,streets,aileya,paasepeways,eatements,riphu,prlvileysd and appurts-
<br /> �� _�..,..� ,�.,
<br /> ��„�:;•...n�-4� nmc�locat�d thsrson or in anywise pertaininp thereto,and the rents,issues and protlts,reveralons and remaindera thereof,an
<br /> � �-� ' �'`�" ihat ia attached to the Improvemenb so ae to conetitute a fixture,Inciudinfl,but not Ilmftsd to,heaUny and
<br /> y,y��y'�v�'�s/�e..;L,�F' tUC11 plfWfli�(NOpO�
<br /> � , �.,.;:..��, cooliny squipmsn�and topether w(th the homeatead ar marltai interests,it any,which interests are hereby reieaaed and wafved;ai l
<br /> '' .`,Y„�;:•.�;tss:•�' o}which,includinp replecemente end addltione therato,Is hereby declared to be a part of the reAl eatata secur�d by the Il�n of this
<br /> — , 'T'�`� O»d af Trust and all ot tho twepoinp befnp relarred to heroin at the"Property'.
<br /> _.-, �;z'; .`.� f�
<br /> ��• ....',,`':,
<br /> +�y.�•••. �-.• Thls D«d of T►ust=hall�scura(a)the payment ot thQ principal sum and intereat evidenced by a promissory note or cndit
<br /> -a,�0�[...>��,...._ ...
<br /> 4.�T��'.�-:+•._••, .
<br /> . .., •,,..
<br /> apr�nt dai�d jA,nuary�.2ti��QQd ,havinp a matuNty date of Fe����ry..i_ Zno4 .
<br /> rt�
<br /> �' '`�'• �� n� ,and an and oll modificatiorn,extensiono end ronewa�a
<br /> � �:}.,��:�.". .� in the ori�inal princlpai amount of 555�.6 Y
<br /> ` ;� � 'r'� 'r` thsrsot or thsreto and�ny and si�tuture advoncea and readvancea to Borrowe�(or any of them It more than one)hereunder
<br /> - .�..�:: �
<br /> �r',^.�"'.'t"" purawnt to on�or more prom{saory notet or cradlt ayreements(herein calied"Note");(b)the payment af other sums adranCed by
<br /> f�:..a��"..,
<br /> �,�,_:-. U n d er to pro t e c t the s e cuN ry oT ths Note;(c)the p edormance ot ail covenanta and apreementa oiTrustor set forth harein;and(d)all
<br /> prawnt and tuture indsbtednesa and obtipations of Borrower(or e�y of them if more than one)to l.ander whether dfrect,fndirect, _
<br /> +� ��;;;,�,. , absolute or continyent and whether ariaing by note,yueranry,overdraR�r otherwise.The Note,lhis Deed of Trust and any and a�l
<br /> �'a�'::st};'s.:�}; �:. o1hK docuenb that secure the Nots or otherwiee execuled fn connection therewith,Inciudinp without Iimitation quarentees,sscurity
<br /> �w �;;.,,;,s,..,... apr�emenb and aaipnmenb of�ea�es and renta,ahau be referred to hereln a�the"Loan Instruments".
<br /> !' ' Tru�tor cown�nb�nd ayress with Lender as foliows:
<br /> �•�<<''� 1,p�yy��nMnt pf Ind�bt�dn�.AII indebtedne�s secured hereby shali be pald when due.
<br />- � J.%•4� �„T�N�.Truetor is the ownsr of the Property,has the ripht and authority to convey the Property,and warrants that the 8en
<br /> � ��;;,��•_ crNtsd heroby ia a tlrat and prior Ilen on the Properry, except for�lens and encumbrances aet forth by Trustor In writinp end
<br /> '.:i:.d.cc:....., dNivend to Lendsr before oxecuUon of thla Deed ot Trust,and tha execution and deifvery of this Deed ot Trust does not vlolaW any
<br /> r..;�'°'. � =' contract or otlwr obl(wdon to whfch Truator la subject
<br /> ' =s-��� •" �" � 3.TaxM,A�sm�nt�.To pay betore delinquency all taxes,apeclal asseasments and elt other char�ea apainst the Property
<br /> .J:.aL.hz•.S
<br /> _��:::x�.:��; now or here�Rer leviod.
<br /> -`' �:�,��, 4.In�wenct.To keep the Property insured ayalnat damape by fire,hazards included within the term"extended covereps",and �
<br /> ��� such othsr hazardt as Lsnder may►pufre.In Amounta and with companfes accepteble to Lender,naminy Lender as an addltlon�i
<br /> � �"�:�"• _
<br /> :��f`��� �uned insursd,with toae payebie to ths lender.In criae of toss under such pollclea,the Lender la authorized to adjusL coliect and
<br /> � '•'
<br /> comproml�e,aIi claimsthenunder and shali have the option ot applying ell or part of the insurance proceeds(I)to any indebtedness
<br />--� a�cured hsrsby and in wch order a�Lender rnoy dot�rmfne,(fi)to the Truator to be used tor the ropair or restoraUon oi thv Property
<br /> � or(Iii)for�ny oth�t purpose a obleCt sad�lectory to Lender without aHectlnq tho Ilen of thls Deed oi TrusHor the tull amount sscurad
<br /> Mr�by E�Noro wch payment sv�r took piace.Any�ppNcatlon ot proceeda to indebtadnass thali not vxtend or postpone tha due
<br /> d�l�d any p�ym�nb und�r the Note,or cure any del�ult thereunder or hereunder.
<br /> 5.E�c�ar.Upon writt�n d�mand by Lender.Tru�tor shd�pay to Lond�r.In such man��r pf L�nda m�y dp�nab,sutticient
<br /> . . ... ... -�-------�---
<br /> - i1M11i t0 M11iW�L�lrto pay as they ef�eome aue oneor rnore oi m�iaiowmy:p�an ca�c�.wiiisi�ow�is:i w vw�oi���.�yo..yw.��•a
<br /> th�Prap�rty,(fi)1M pnmlums on tlw prop�rty insur�nc�nqulnd h�►wnd�r,�nd(iif)th�pramiums on any mortpap�insu►anc�
<br /> _ nqu(nd by L�d�.
<br /> 6,M�M�M��nq�Iqpak��nd CanpN�nq wRh L�w�.Trustor thall k�sp the Propsrry in pood conditlon and rpafr,thait _
<br /> promptiy npdr.ot r�phq�ny imprOv�menl whkh mwy b� d�may�d or d�stroyrd;rhall not commit w psrmit any wastt or
<br /> - dMtxio�ratlon o(iM Prop�rty;sPwO not r�tnov�,demolUh or suWtantUily atbr any of ttn improvemenb on ths Proporty;sha�l not -
<br /> cnnrMt,N�INr o►pKmit�ny�ct to b�don�in a upon tht Prop�rty in vlolaUon of any law,ordtnana,or rputatlon;ond sh��t pay�nd
<br /> pomptly dbcharp�at Trustar�s 00/t�Id�7tpN1�tll IN�1i,MCUt11bf�11CN��d cfw�a I�vNd ImpoNd w assKUd ap�inu tM
<br /> ��Y a�Y D�rt thM�o1.
<br /> 7.E�Nwnt Oow�hw L:�nder is h�nby asWpr►�d aU compsnwtlon,aw�rds,damapa and otl�r�ym�nq or r�lwi(hKMnatNr
<br /> �proc�cN'�M conn�cyon wNh cond�rnnallon a o1Mr Wcinp of 1M Prop�rty or paA th�wf.a for oonwy�nc�in INu of condwnna-
<br /> tlon.L,��th�N b��npWd at Ib option b comm�na,app�ar In and prowcut�in its own namt any�ctlon or proce�dinps,�nd
<br /> Nwq aq,o b�wWWd 10 m�k�an�r compromlp or wt�nent In conn�cdon wtth wcM takinp or dtm�in tl��wnt any portion of
<br /> �cs�i��.�o..�iw�aw
<br /> O�ww�w.r�w�e.■w..:�wewi«Mw�wwiww�w+.w�w
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