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<br /> . ' ACKNOWLEDAEMENT OF DEED OI�TRUBT 94r 10i026i
<br /> TFIUiTOR READ TWB BEFORE BK3NINf3:
<br /> Tnutor w�daaqu�ds th�t 1!w documrnt tf►�t Truetor is about W�x�cut�1��DMd ot TruN�nd nol�n+orl�u0r and ttud tM pow�r
<br /> of�al�P►'��lor in tM OMd ol T�wt provldM wbsqnWilly dilNnnt�Iphb�nd obIlpRUon�b Tru�br than�nwrqsa In tM w�nt
<br /> -'�"°��■ of a dM�ul►w brNCh of obllp�tion und�r th�DMd of Tru�t,Inaludinp,but not timlbd b,eh�L�nd��'�riph�10 haw th�Prop�rly sold
<br /> ��T��• ���a��p���up.�Tnulor npr�n d wuanfs ttuit thls�oknow�dp�m�nt w�a�x�auMd b�►
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<br /> - a- � _
<br /> Ronald C Sh llav Trusbr Hu�band
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<br /> ��`�� Mo +�s J Shul a� T�usmr 1i11�
<br /> =��_��� DEED OF 7RU8T WITH FUTURE ADVANCES --
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<br /> �'^ � THIS DEHD OF TRU8T,1�rtud�a�oi th��{�d4y of * - ,1�..�4..by and amonp
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<br /> �,._� . . .. ttw Trustor,
<br /> „�.r-";;;:h.; I3rand Isl�n� � ���� $��O
<br /> x�r. ..v. 708 B Biswark �nin"Trus T, � r mon),
<br /> . '���4 a�•��1; whof�m�llinp�ddress Is .
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<br /> • t' � �.:.Y ,�' �. , th�Trusw,
<br /> ��i`'• °"'�'�'��4��' who�m�lllin address lo p � Box 150? Grand Ialand NE 68802 - (hereln"Trusts�"j,and —
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<br /> %,�;:;` Iv,�,..:.���:�;t<� tt�Bandlolary,
<br /> '•;�;. .,,��.• ��: �.`�:����'c;. - (hoaln"Lrnd�').
<br /> . " �.��;,;c;;;`;�;, .;;.�,.,��.",�,�� whoM rtudUnp eddnas la
<br /> �. •�,,��r o_ �a r S}rul�ar
<br />-• `,��"�:�:`,;ti�:�.;'' FOR VALUABLE CONSIDHRATION,includinp Lendor's extension of cradit Identliled h�r�in t- "'°° - -
<br />-� - • ' (heroin"Borrower",whather one or more)and the tru�t henfn cnat�d,
<br /> � ;;�'�j�;;",;;;�;,r,.;,;;=� the recaipt of whfch is h�reby acknowisdpod.Trustor hereby Irravocabiy prants,tran�fsn,conveys and aafyns to Trwte�,IN
<br /> -°� - TRU87,WITM Mt1WtH Uh SALE,fur u�u L,unei{t a�u3 r.ocurtty:.S L�r.Ccr,URdCf Z^�!�t1M,�t�O fhw t�rrtls�f1d COfIdllbDi INf�IMlf�l�st
<br /> - - �''�=-"�-�=" i��i��tha r�i praport3i.ds;reslbsd as lo!lQrre:
<br /> ''� � ��� � L�TS TMO t21 AND THREE t3) IN GRACE LUTHERAN CHURCH SUBDIVISION� AM ADDITIOM
<br /> TO THE CITY OF GRAMD ISLAN6� HALL COUNTY. MEBRASKA.
<br /> Topeth�r with ell buildinps,tmprovement�,tlxtures,streets,alleys,paese9eways,e�sement�,rl�hts,prlvllepes and�ppurt�-
<br /> � nanc�s loc�ted th�reon or in anywite pertaininp thereto,a�d the rents,Iesues and proflt�,reverslons and remafndor�thereoi,and ^
<br /> � �uch perw�si property that Is attachod to the Improvements ao as to constitute a ilxture,inctudinq,but not Itmited to,heatln�and = .
<br /> 7 coo�inp�qulpmenk a�d topether with the homeatead or marital interests,It eny,whfch intereste are hereby reieased and w�ivsd;ail H
<br /> f"- -� • of whiah,fnatudinp reptacementa and addltlons thereto,Is hereby declared to be a part ot the nai estata wcund by the Ilsn of this
<br /> ��r� DNd oi Trust and att of the toreyoiny belnp referred to hereln as the"Property".
<br /> sa. —
<br /> � � Thfs Daed of Trust shall secure(a)the peyment of the princlpai sum and fnterest evidenced by a promiswry note or crsdil -
<br /> � �. �qreement deted ,havinp a maturity date of �
<br /> tn the oripfnal princlpai emount of S ,and any and ait modificatlons,extenslona and renewais
<br /> • �� theroof or thereto and any and ail future advances and readvancea to Borrower(or any of them it more than one) hereunder
<br /> punuant to one or more promtasory note�or credtt agrAements(heretn calied"Note");Ib)the payment of other suma advanced by _
<br /> Lender to protect the aecurity o}the Note;(c)the pe�formartce of all covenents and agreementa of Trustor set torth horeln;and(d)aIi
<br /> • preaent and tuture Inde6tedneas and oblipalions of Borrower(or any of them If more than one�to Londer whether dfrect,indtrect,
<br /> � � sbsoiute or continpent and whether arisinp by note,guaranty,overdraft or atherwlse.The Note,this Qeed o1 Trust end any and a�t
<br /> � other dxuenta that seCUre the Note or otherwlse executed fn connectlon therewlth,Inctudln�without timitatfon yunrantees,aecurity
<br /> apreements end eeafgnments ot teases and rents,ahali be roferred to heretn as the"Loan instruments".
<br /> Trustor covenants and a�ree�with lender as foliows:
<br /> � 1. Paym�nt of ind�bt�dnNS.A�t Indebtedness secured hereby shall be peid when due.
<br /> N 2. Titl�.Trustor is the owner ot the Property,haa the rfyht and eutnority to convey the Property.and warrenis that the Ifen
<br /> �r created hereby la a firet and prfor tlen on the Property,except for Ifens and encumbrances set torth by Truator tn writiny and
<br /> � delivered to Lender betore executlon ot thts Oeed ot Truat,and the execution and det►very of thfs Deed of Trust does not violate any
<br /> ` : E contract or other oblipatlon to which Truetor Is subject.
<br /> f 3. T�xN,Asassm�nb.To pay betore deilnquency aIi taxea,apeaal assessments and all other charfles a9ain:t the Prop�rty
<br /> - now or hereafter Ievied.
<br /> . 4. Insur�ne�.To keep the Property Insured apainst damege by flre,hazards included wlthin the term"extended coveraye",and
<br /> • � suCh other h�z8rds as Lender may require.in amounts and with compun�e�acceptable to Lender,naming Lende�as an additlonel
<br /> � ; named Inaurid,with losa payab�e to the Lendor.ln case of loss under such policies.the Le�der is euthonzed to ad�ust,cullvct and
<br /> compromise,eli c�eims thereunder and ahell have the optlon of appiying aii or pe�t ot the Insurence proceeds(i)to any►ndebtedness
<br /> . ? seuured hereby and in auch order as Lender mey determine,(If)to the Trustor to be used tor the repair or restaration of the Property
<br /> � or(tll)for any other purpose or obJect aatlafactory to Lender without aHectinp the tien ot thia Deed ot Trust tor the tu�l amount�ecured
<br /> hersby betore such payment ever took plece.Any eppltcatlon ot proceeda to indebtedneas ahall not extend or postpone the due
<br /> �� dat�ot any payments under the Note,or cure any detault thereunder or hereunder.
<br /> "._ ._ 5. Escrow.Uuon wrltten demand by Lender,Trustor shail pay to Lender,in auch manner as lender may desfynate.wHicient
<br /> _' T_... . J�Y�w�wl� •�I!1
<br /> � sums to enable Lendor to pay as they become due one or more or me ronow�ny:(ii aii u+xvs.u00055�Tioi�i6's��....,o.�•.=r;°_=^,-'•'-•
<br /> ' ths Property,(ii)the premfumt on the properry insurance required hereunder,and(ffl)the premium�on any mortpape inturence
<br /> i� ' rpulr�d by Lender.
<br /> 8. Malnbnane�.R�palrs and Compli�nc�wlth Laws.Truetor ahall keep the Property in yood condition and repalr;shall
<br /> .� 'i r promptly repair, or replace any lmprovement whlch may be da►naped or deatroyed:ahall not commit or permlt any waste or
<br /> i � detarforatlon of the Properry:ahall not remove,demolfsh or aubatantfa�ly alter any of tne�mprovements on the Property:shall not
<br /> � commlt,sufler or permlt eny act to be done i�or upon the Property In vlolatlon of any law,ordlnance.or�epulation;and shel�pay and
<br /> � promptly df�cherqe at Tru�tor'�cost and expense all Ilens,encumbrances and charpes levled,Imposed or asaeased ayalnet the
<br /> ; � , Properly or any part thereof.
<br /> 7. EnHn�nt Domaln.Lender Is hereby asalgned aIl compensatlon,awards,damafles and other payments or relief(hereinatter
<br /> f , , "Proceeds")In connectlon wlth condemnatlon or other tekinp of the Property or part thereof,ur tor Conveyance in Heu ot condemna-
<br /> i tion.Lender shull be entltled at Its optlon to commence,appear In and prosecute In tts own name any actlon or proceedfnga,and
<br /> . � � shall atao be entNled to make any compromise or eettlement In connectlon wlth auch taking or dameqe.ln the evept any poHion of
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<br /> erc�ab��H«wwK���uu o.w�e.�,�o�w
<br /> O 1tN NNanNt��k dComm�re�Trun�nd Ba�npa Atweutan.lmcWn.NWns►s
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