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<br /> ' + ACKNOWL�D�#EMENT OF DEED OF TRUST 94- �0�,�.3
<br /> " TiMJBTOfi RGAp THf6 BEFORE BKit�IN�i:
<br /> Tnnlor und�rslmdNhat Ih�docunNnt M�at TniNO�Is�bout to�x�auM Is a OMd of Tnut�nd�al a mortp��nd that th�P�wvw
<br /> --- - ol al�prarid�d lor In th�Mrd of Trua provWN wbNa�tl�lly dlM�rmt Mphb and oWlaaflons to Trwlor Than�matp�p�In tlw�wsnt
<br /> of�dM�Wt or Ixwioh ol oWip�Hon und�►th�DNd of TrwL I�uludinp.but not Iimlt�d to.1M L�nd�r'i�Ipht to haw th�Prop�rty wW
<br /> . by t1N T�wfM wlthout�ny Judlol� procNdinp.Trwto►r�wnta and wuranb that fhis aaknowl�dp�n�nt ww�z�auMd by
<br /> , T�wbr bMort Ih��ouMon of 1M OMd of Ttwt ��,n e r � ��✓��'+""
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<br /> ` t CAa .. c rii � Truqor Hwb�Ad
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<br /> �-�----',.'�� Norw J Mill r Yrwror Mii�
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<br /> �R�-''�`-""-�� i� OEED OF TRU8T WITH FUTURE ADVANCES
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<br /> �.,�-?...-�°--• . . e�t 10
<br /> THIS DEED OF TRUS7,b mads aa oi th���.day of � —�,�Y���p
<br /> ����� � r ��»�.�. ! Yn h,.A■nd .nA ri i�
<br /> - ..r.a:.� u�.T�,.s�. - J Ililli�.. . s .
<br /> -���* .""'"`�'~ • whoa�maliinp addr�ss Is 10� M Cl�burn 6rand I�l�n� ��'��
<br /> .t.�
<br /> srefn"Tru� , orn or mor�),
<br /> -. ,• tM Truaw. �iv� Poiols i��T;..Wb�r�ka-Co=p^r•*''�� �
<br /> �C�
<br /> " ' � L�'� o � a� ��w� [ir�d I�laed. liE 68802 her�in"Trusqt"),and
<br /> �...
<br /> . . , who�t rruilinp addnss is (
<br /> � . th�8unflciary. E+�� a•,'+^*� g•*'� •
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<br /> . wtws�mailinp�ddnss 1� Zp�� y n .,.w..�>> r,�.+.��Ial�ad� M� �aAO�-t�u7 (h�nin"L�nd�►'q.
<br /> FOR VAtUABLE CONSIDERATION,inc�udlnp Lendor'��xtantlon of cradit Idondited h�nin toCh�rl�� E Milli�w�
<br /> i Noi�M J Mili�aM (herein"Borrower",whether one or more)and the trust Msnin crsat�d,
<br /> the rec�ipt of which is hsreby acknowlsdped,Tru�tor hereby irravocably granta,tranoten,convays and�alpm to Trushe,IN
<br /> TRUST,WITH POWER OF SALE,tor the benetit and wcurity of LQnder,under and subJect to Uw torms and condiUont h�reinaft�r s�t
<br /> farth,th�rwt property,d�acrlbed as tollows:
<br /> Thf Morth Si�cty-S�v�n Feet t M67') oi I.ot unf i 1) �nd th� itor'ch SiitL'y-*�rvir�
<br /> Fwt �1i67•) oi th� Eut Thirty F�t l E30' ) ot Lot Tro t 2)� Blook Tv�nty-On�
<br /> t21). Ru�s�l Yh�el�r's Addition to Grand Island. Hall County, A�brarka.
<br /> Topelher with Ail buitdinps.Improvements,tixtures,�treets,�Ileya,passayeways,easementa,riphts,priviiepet and appurts-
<br /> �ancas locatsd thereon or in anywlse pertafntnp thereto,and the rents,issues end protits,reverslons and remainders thereof,and
<br /> � such personal property that la etteched to the improvementa so as to constitute a 1lxture,inc�udinp,but not limited to,headnp and
<br /> aoolinp equipmenk and toyether with the homeetead or maritet interests,it eny,which Intereats are hereby released and waivad;all
<br /> of whfch,lnctudinq replecements and additlons thereto,ia hereby declared to be a part of the real e4tate wcurYd by tha Ilen of this
<br /> f.' Deed o!Truat and ali of the foregoi�g befny roterrad to horaln aa the"Property". •
<br /> ��s This Desd of Trust thali socuro(a)the payment of the princlpal sum and Interest evidencod by a promissory note or aredit
<br /> ,
<br /> apreement dated ,hav�np e maturlry date ot�l���$� .
<br /> in the oripinel principal amount of S �gg,°° ,and any and all modifications,extensions and renswals
<br /> thereof or thereto and eny end all tuture advances and readvances to Borrower(or any of them It more then one)hereunder
<br /> pursuant to one or more promisaory notes or credit apreements(hereln calied"Note");(b)the payment of other suma advancsd by
<br /> Lender to protect the security of the Note;(c)the performance of alt covenants ond ayreementa of Trustor sat torth herein;and(d)�II
<br /> preaent and tuture indebtedneas and oblipationa of Borrower(or any of them ff more than one)to Lender whether direct,fndlrect
<br /> absolute or continpent and whether arisinp by note,guaranty,overdrett or otherw�se.Tha Note,this Deed ot Trust and any and all
<br /> otherdocuents thatsecure the Note or otherwlse executed In connection therowith,includfnp without limitatlon yuaranteea,eecurity
<br /> apreementa and assiynmonts ot Ieases and rents,shall be reterred to herefn as the"Loan Instruments".
<br /> Truator covenants and agree�with Lender as tollowe:
<br /> 1. Paym�nt of(nd�bt�dn�u.Ail indebteanes9 secured hereby shall be paEd when due.
<br /> 2. TfU�.Truator is the owner ot the Propeny,has tha riQht and authority to convey the Property,and warrants that the Ifen
<br /> created hereby is e firat and prlor Ilen on the Property,except lor Hens and encumbrpnces set forth by Truatar In wrltfnp and
<br /> • delivered to Lender before execution of this Deed of Truat,and the execution and de��very of this Deed ot Trust doe8 not vfo�ete any
<br /> contract or other obliyatfon to which Trustor is subJect.
<br /> ` 3. Tax��,Assasm�nts.To pay bafore delinquency ali tezes,apecial assessments and ail other charyes apainst the Property
<br /> now or hereaker tevled.
<br /> ' 4. Intur�nc�.To keep the Property insured egamst demage by tire.hazerds tncluded within the term"extended coverege'.and
<br /> suCh other hazards as Lender may�equire,in amounts and with compenies acceptabte to Lender,naming Lender as an additiona�
<br /> named inaured,wlth loss payabie to the Lender.In cese of Ioss under such poi�c�es.the Lentler is authonzed to ad�ust,coitect and
<br /> compromise,Ail Clafms thereunder and shall have the option of appl�•tng ail or part of the insurance proceeds(i)to eny indebtedness
<br /> � aecured hereby and i n such order as Lender may determine,(ii)to the Ttustor to be used tor the repair or restoratfon of the Property
<br /> or(UI)for any other purpose or ob)ect satislactory to Lender without aHechng the lien o}this Oeed of Trust tor the tu�l amount secursd
<br /> hereby betore such payment ever took place.Any appiication of proceeds to indebtedneas shall not extend or poatpone the due
<br /> { ditte of any payments under the Note.o�cure any detault thereunder or hereunder.
<br /> 5, E�c�ow.Upon written demand by Lender,Trustor shall pay to Lender,in such manner as Lender may deslynate,suNiclent
<br /> i eum•to enable Lender to nev as thev become due one or more of the tollowfng:(�)ati taxes.aaseasments and other charqes apafnst
<br /> the Property.(ii)the premiums on the property insurance required hereunder,and(ifillhe premiums on any mortpaye inaurence
<br /> ' rpuired by Lender.
<br /> � 6. 1AainMn�nc�. R�palrs and Complfane�with laws.Trustor shall keep the Property�n Qood condition and repair;shail
<br /> � promptiy repalr, or replace any improvement which may be damayed or destroyed;shall not comm�t or permit any waste or
<br /> �� deterioretion of the Property;shall �ot remove,demol�sh or substentfally alter any of the fmprovements on the Property:shell not
<br /> commit,wHer or permit any act to be done m or upon the Property�n v�olation ot any�aw,ordinance.or repulation;and shail pay and
<br /> promptiy ditcharpe et Trustor's cost and expense ali Ilena.encumbrances and charyes Ievfed.imposed or assessed eyainst th�
<br /> � PropeAy or eny part thereof.
<br /> 7. Emin�nt Oamaki.Lender ie hereby as�ipned ali componsetfon,awards,damages and other payments or rel�ef(hereinafter
<br /> t "Proceeda")tn connectfon with Condemnatlon or other tekiny of the Proparty�r part thereot,or tor conveyance�n Ifeu of condemna-
<br /> ! tlon.Lender shali be ent�tted at ds opt�on to commence,appear in and prosecute m its own name any aCtion or proceedinas,and
<br /> ' thall als0 be entitled to make any compromise or settlement�n connectlon with SuCh takfnp or�damtlpe,in tho event eny portion of
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<br /> O 1�MNNqnN��MdCanmpt�T�uN�ndS�v�nptASw[�N�on l�ncNn N�Or�M� ,
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