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<br /> ACKNOWLEOGEMENT OF DElD OF TRUiT 94� i��s
<br /> �wroa�o�ws e�so�uo�+wa
<br /> T�wlor w�d��n�M 1hM IM doourtMnt tlwt Tn�tor I��bout b�cuM is a OMd of tru�t u�d eol a malp��nd th�t Ih�pow�r
<br /> of Mis ptovidrd for in tl�D»c!M Trust provW�s wbMenWNy diMK�nt riphh and obltp�Yon�b Tn�sbr fh�n a morippe In!h�w�nt
<br /> of a d�yuit or b►MOh c1 pbllpdbn undK tlf�p»d of Trwt,Includlnp, t not Ilmi ,ff�l,�W�r'�tipht b haw fh�PrqpMiy wW
<br /> by tha TruatN wlthout�ny Judiaiat procNdinp.Truqor np►�n wuan tht��eknow ot was �
<br /> Tn�IiMon N»�x�o�Alon of�OMd of T�wl —��
<br /> .
<br /> x � z v! ����rtn r r n L r il• �
<br /> it�b�8i�$�l�f � y
<br /> Carol Mi1Qy, Parttt�o►a arol MZ �y �
<br /> Individu�lly
<br /> - --a s-•-�-- DEED OF TRUST WITH FUTURE ADVANCE8
<br /> THIS OEEO OF TRUST,fs mad�as of th�...�5�day of F�b. ,1��.by and unonp
<br /> th�Tru�tor, M i M Inv��t�Qnts Co ,
<br /> 1919 S Locust Grand Ial�nd Ne 68801-8252
<br /> - who�mailinp addross Is — (h�nin"Troator:'wh�th�r ono or mon�
<br /> _. �e T��. FivQ Point� Bank, a NQbrasks Corporation . _
<br /> �. who�mailinp addroa Is p'0. Hox 1507 Grand Ialand. HE 68802 (ha�e1n"7rustN"),and
<br /> •^� ""'' " Five Pointa Hank
<br /> ,�•; .; .;
<br /> ;,., th�[�an�ttcii�ry, �
<br /> " . �, ,k ;,;,; ..,. 2015 N. BroadvQll Grand Ioland. NE. 68802-1507
<br /> ' . ,... .,,�,�t who�a m�idnp address Is (herefn"L.�nd�r'�. �
<br /> ��� FOR VALUABLE CONSIDERATION,includlnp Lender's extension of credtt fdentifled herein to —
<br /> y���(�-�'i Y��'`�^.
<br /> ' .r„��tMs.�r...�n� ...�.�.
<br /> �.,�,4; �:� � !! 3 M Inv�atMento Co
<br /> �,� �f•,u},r. , .'ti .=i. (herein"BorroweP',whether one or more)and the trust herein creatod,
<br />_ r�����!w�-:c., . ,;t:: the recelpt ot which is hereby acknowledyed, Trustor hereby irrevocably prants.transfera,conveys and asalyns to Truatee, IN
<br /> ,,:;,s-..•��:• 1 ° TRUST,WITH POWER OF SA�E,for the benefit and aecurity ot Lender,under and subject to the terms and conditfons hereinatter aet
<br /> �� 'yk�;�,�� torth the reai prope described aa tollowe:
<br />� - ,;�'•,c� •,. S�E ATTACHE�i�XHIBIT 'I�': `
<br /> .,y.:�;�,,:: ,,
<br /> � Topether with all buildinys,improvements, fixtures,streets,alleys,passagewnys,oasoments, riphts,privileyes and eppurte• ___
<br /> ��� nancas located thereon or In anywise pertaining thereto,and the rents,issues and profits,reversions and remainder8 thereof,and
<br /> , ' such personet property that fs attached to the improvements so as to constitute a fixture,includmfl,but not Iimited to,heatinp and
<br /> _i , cooiln�equlpment;and toqether with the homestead or marital interests,if any,wh�ch interests are hereby released and walved;ali �,-
<br /> of which,includinp replacements and additlons thereto,is horeby declared to be a pan of the real estate secured by the Ilen of thls
<br /> -� � Deed of Truat end alt of the torepoinfl beinq rnteired to herein as the"Property".
<br /> �� Thi�Deed of Trust shell secure(a)the payment of the pnnclpal aum and tnterest evidenced by a promissory note or credit �'��
<br /> a�reemer,t deted ��t5�3LY 10th 19y4 ,havmy a matunry date ot _ February l�t 1999 ,
<br /> In the oriyinal princlpal arnount of a 33.020.�0 __ ,and any and all modif�cat�ons,extensions and renewais
<br /> • thereot or thereto and any and all tuture advanCes and readvances to 6orrower(or sny of them�t more than one)hereunder _
<br /> pureuant to one or more promissory notes or credit agreements(herein caiteo"Nate"):(b)the payment of other sums advanced by �
<br /> � Lender to protect the seCUtity of the Note;(c)the pertormance of all covenants and agreements oi T►ustor set torth herein:and(d)all
<br /> . preaent and future indebtedness and obligations of Barrower{or any of them i(more than one)ro Lender whether direcL indirect,
<br /> ' absoiute or continyent and whether arising by note,guaranty.overd►aft or otherwroe.The Note,th�s Oeed ot Trust and any and all �!�
<br /> • other dxuents thRt seCUrethe Note or otnerwise ezeCUted in connection therew�th,including without I�rndation yuarantees,security �
<br /> � � eyreementa and assignments of leases end renls.shall be referred to here�n as the "Loa�Instruments".
<br /> �. .� . Trustor covenants and agrees with Lender as follows:
<br /> ' 1. Paym�nt ot Ind�bt�dn�w.All indebtedness secured hereby shall be pa�d when due. �
<br /> - 2. TiN�.7rustor is the owner ot the Property,has the right and author�ry to convey the Property.and warrants that the lien �..
<br /> Created hereby Is a tfrst and prlor Ifen on the Property,except for liens and encumbrances set forth by Trustor in writing and F
<br /> dellve�ed to Lender beforeexecution of this Deed oi Trust,and the execut�on and delrvery of thfs Deed of Trust does nut violete any
<br />. • . � coniract or other obligation to wh�ch Trustor is sub�ect. �
<br /> . 3. Taxa,Asassm�ntt.To pay before delfnquency aII taxes,special assessments and a�I other charyes apainat the Property �::
<br /> now or hereatter levied. �•
<br /> 4. Insur�ne�.To keep the Property insured against damage by fire,hazards�nciuded w�thm the term"extended coverage",and
<br /> ' such other heiatds as Lender may require,in arnounts and wrth compames acceptable to Lender,nam�ng Lender as an addltional �'
<br /> ' � named Insured.wfth�o8s peyable t0 the Lender.In case of loss under such pol�cies.the Lender is authonzed to ad�ust,coltect and ;
<br /> • . comp�omfse,all claims thereunder and shall have the option of apply�ng ail or part of tne�nsurance proceeds(�)to any indebtedness
<br /> � � secured hereby and in auch order as Lender may determme.(�i)to the Trustor to be used for the repav or restoration of the Properly
<br /> � or(Ht)for eny other purpose or ob�ect satisfactory to Lender w�thout aHecling tt�e I�en oi th�s Deed of Trust lor the(uIl amount seCUred
<br /> �ppp" hereby before such payment ever took place.Any applicat�on ot proceeds to indebtedness shall not extend or postpone the due
<br /> �� — date ot any payment8 under the Note,or cure any default thereunder or hereunder.
<br /> 6. Eserow.Upon writlen demand by lender.Trustor shall pay to Lender.�n such manner as Lender may desiynate,sufficient r
<br /> __��_�_............ ....�....�......,e.a..e....�.,.,,,...o.,e e►,o tr,n.,,..in�•r�i au tarwa a�eRw�sments and other charaes aaafnst
<br /> . ..-. __ __ . ow7�a ivv.wv�v�.v.......w r�'.�«v...v�.........................�...._.__.._' _
<br /> the Property,(fi)the premiums on the property �nsurance requ�red hereunder,and(u�)the premwms on any mortpape�nsurance
<br /> � requlred by Lender.
<br /> 6. Malnt�fanc�,R�ptlrs and Compllano�wlth l�ws. Trustor shall keep the Property in qood condition and repa�r:shall
<br /> . �i � promptly repair,or replace any improvement wh�ch mey be damayed or destroyed; shell not commit or permit any waate or
<br /> �. d9terioration o(the Property: shell not remove.demolish or substant�ally alter any ot Ihe improvements on the Property:shalt not
<br /> � ; �' .. commlt sutter or permlt any act to be done m or upon the Property�n v�olat�on ot any law.ordmance.or regu�at�on:and ahall pey and
<br /> promptly di�charpe at Truator's cost and expenae all liens,encumbrances end charyea Ievted,�mpoaed or aasessed agafnat the
<br /> ' ,� Properry or any part ther�of.
<br /> " 7. Unln�nt DomaAt. Lender it hereby assfpned all compen�ation,awards,damapea and other payments or rel�ef(hereinaRer
<br /> "Prx�ds")tn conn�ction with condemnatlon or other taktnp ot the Property or pert thereof,or tor conveyance in I�eu of condemna-
<br /> ' tlon.LYnder shall be entitted at Ite opt�on to commence,eppear�n and prosecute in �IS own name eny action or proceedinys.and
<br /> � sh�Il ala ba ont�tlod to makv any compromlae or settlement fn connection with such tak�ng or damage In the event any portlon of
<br /> � '
<br /> N�C y��71MO�w�rKUhw�1 p�111w 10 M .
<br /> � 0 NN NMqr�INn�d Canm�rc�Ta�t�nd iwmp�A�waNwn lMCWn M�b�M�
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