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<br /> ra i AN 94 10l.4�9
<br /> u�s.wi«wa�•ro w�o�
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<br /> - ACKNOWLED��AENT TO OEED OF TRUST
<br /> Tha und�nl�n�d'�Trustor"Rs Id�ntitl�d In th�followinp DMd of Tru�t�wh�th�r on�or mon,unGeratand that tha docum�nt
<br /> -- tMy�n xbout to�x�out�is a DMd of Trust and not a mortpap�,and that th�powu of tal�provid�d for In th�ONd of Trust
<br /> p►ovid��substantl�liy dift�nnt�ipht�and oblip�tions to th�8orrow�n thm a mortp�p�in th�swnt of a d�fault or bre�ah of
<br /> °°-�� ° ° "°=' obUp�tion u�d�r the Deed ot T�ust,inoludinp,but not Iimit�d to,th�B�neflolary'o rt�ht to haw ths Property Identified In ths ._-
<br /> - :�,�m� followlnp De�d of Trust wld by ths Trustee without any Judioia� procNdinp.Tru�tor rspresents �nd warrants that thls
<br /> , �i Aaknowt�dpm�nt wu�x�cut�d by th�m b�fon th��x�autlon ot thM M�d ot Trwt h�naftsr qt rt
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<br /> "�`:,•,�` TI L HOLLQWAY
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<br /> � ATRICE MAE HOLIAWAY
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<br /> �• r � . HOME EQUiTY LINE DEED OF TRU�Y L� HOLLOWAY AND
<br /> ., . � " � TNIS TRUST DEED mad�thts_15__day of �?RRt1ARY ,1��—,b�tween p�`�r�u MAF. H�T.i.nwAY ,
<br /> � �� •� (HUSBAND & WIFE) hor�inafter call"Trustor",whose mailinp addrsas ia 1719 N. TAYU,�t� C�tANU�SiMID. I�
<br /> , , AREND R. BAACK ,Attorney at Law,whose malilnp addeas is104 N. WHEELER� GRA A �NE _
<br /> . ' ' aa"Truatee";and Home Fedorai Suvin�s and Loan Asaoclatton of(irand Isiand,whoae maftinp addrees is 221 3outh Locust,
<br /> � P.O.Bax 1009,Orand laland,Nebraeka 88802,as'�Beneficiary".
<br /> - -�- '-'�;�s.,-- -- -- FOf Va}tisblC COSi3fdLftt!lOA,TTiSatar lrra;racably�ra�i3,2i�ZT1IItCi�, CORYCp'S SRd a3�I�fls L4 Tf!l�ts!►,IR t{��ft�,Wlfh QOWB�O}
<br /> • s�ie,br the beneflt and security of Beneficiary,u�de�and subJect to the terms and condltione of this Os�d of Truat,tho foltow-
<br /> � in�dosarlbed property located in GRAND ISLAND , . Nsbraaka,to wit:
<br /> SOUTH FORTY NINE (49) FEET OF LAT EIGHT (8) AND THE NORTH EIGHT (8) FEET
<br /> ' � OF LOT TEN (10), BLOCK NINE'TEEN (19). SCARFF'S ADDITION TD WEST LAWN, IN
<br /> � 'IfIR CTTY nF RRANA TST.ANII, NAI.T. (X1(INTY, NRRRA+KA =--
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<br /> topether with ali bulidinps, flxtures, improvements and appurtenances thoreunto beionpinp, it belnp ayreed that a�i of the �
<br /> ' forepofnp ohail be hereinafter referred to as the "Property". °:�
<br /> FOR THE PURPOSE OF SECURING performance of each apreement and covenant of Trustor herein contained and the pay
<br /> , • ment ot the pHnclpai sum of_FOUR THOC1SMi[LSEv� ��RFn aNn nD/nn___- Dollars(S 4•��•� )� ;
<br /> ' as evfdenced by a Home Federai Home Equlty Loan Aqreement between Trustor and Beneflciarv(the"Loan AflreemenY'),pur-
<br /> �' suant to which Beneficiary will advance funds to Trustor from tfine to time at the interest rates and upon the terms provtded
<br /> , thersin,topether with any aum or sums of money with Interest thereon whlch may hereafter be pafd�r advanced under the
<br /> �• t terms of this Deed of Truat,both principal sum and Interest thereon betny payabte accordtng to the terms set forth in the Loan
<br /> � � � Aflreement, reterence to which is hereby made, af the offlce of the Beneficlary tn C3rand Island.Nebraska,or at such other
<br /> �„ place as Beneficlary may designate in writinp.
<br /> • i TRUSTER AND BENEFiCIARY COVEIVANT ANO AGREE AS FOLLOWS:
<br /> '. : 1.W�Rant�r ot TIl1�.Trustor is lawfuliy seized of the Property;has good rlflht and lawful authorlty to seli and convey the Pra
<br /> � perty;the Property is free and ctear of a�l�iens and encumberances except Ilens now of record,and Trustor wiil warrant and de•
<br /> ' fond the tftle to the Property unto the Trustee and its successors end assipns forever ayalnst the claims of ail persons.
<br /> � 2.Paym�nt of Principat and Int�n�l.Trustor sha�l pu�ctuaily pay the principat of,and tnterest on,al�advances under the
<br /> r Loan Aqreement and w{I�punctualiy perform ail apreementa,condlttons and provislona of eny other security Instrument yfven
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<br /> � t 3.Pns�nrattan�nd Malnt�nanc�of Prop��ly.Trustor will not commit any waste upon the Property at wtl�,at a��times,main•
<br /> taln the same In pood order and condition and will make,from time to tlme,AI I repairs,renewafa,repl�cements,additions and
<br /> , � improvementa which are reaaonably required to prevent waste, impalrment,or deterloration of said property. No buildiny or
<br /> , } improvement now or hereafter erected upon the Property shall be aitered,removed or demoliahed wlthout the prior w�ltte�
<br /> f� consent of Benetfcfary.
<br /> � 4.iMUr�nc�.Trustor,at Its expense,wlil malntaln wlth Inaurers approved by Beneftciary,insurance with respect to the Im-
<br /> � , p►ovsmenta and peraonai proerty constitutlnq the Property aflainat loas by}tre,Iiphtnlnq,tornado t�nd other periis cpvered by
<br /> atandard extended coveraqe endorsement in an amount oqual to at �east one hundred percent of the fuil repl�cement value
<br /> thereot,and Inaurance ap�inat auch other huarda and In such amount as Is customarity carried by ow�ers and operatora of
<br /> • atmllar properties and as B�neficlary may requlre for ita protectlon.Trustor witt comply with such other requlrements as
<br /> � B�neficlary m�y from time to tfine request for the protection by Inaurance of the Interest of the respective partfes. AII In•
<br /> � surance poltcles m�lntalnsd pursuant to t�is Deed of Trust shait name Trustor and Beneftclary as Inaureds.aa thelr respective
<br /> �ntsresta may�ppear�nd provtde that there ahai�be na cancellation or modificatlon without fffteen(t5) days prior written i
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