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<br /> � ACKNOWLEDOEMENT OF DEED OF TRUST ����
<br /> = TFiUSTOR READ THIS BEFORE SIGNING:
<br /> Tnutor undwK�nd�tFwt th�doaxn�nt th�t Tnutor Is about to�c�out�io�DNd of Trwt and not�tnortp��nd th�t tM Powa
<br /> of��provid�d ta in th�QMd of Trust ptovWM�ub�t�ntt�lly diH�rant�ipht��nd o�lip�tion�to T�u�ta Nwn�rnettpq�In tM wu�t of
<br /> •d�fYUR or brMah ot obliprtlw�und�r th�OMd of Ttu�t,inaludinp,but not Nmh�i to,th�Lu�d�r'�eipht to hw�th�fhop�wty�oW M►!h�
<br /> 7ru�tN without�ny judbtal prow�dinp.Tru�tor t�prMr�t��nd wannt�th�t thM�oiuwwbdp�tt wN�x�out�d by T�wte►4�a�th�
<br /> � �x�outfon of tM Owd of Tru�t.
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<br /> "°�'�•��:�_i_6,„;�,,�. DEED OF TRUST WITH Fl1TURE ADVANCES
<br /> _ �-...—�,�.i.�'.., �a_.A,1
<br /> " �' :�. ,-•� � �:� 1'NI!OEED 0/TRUST,N mad�N of th� 25th d�y o� l�bru�rv ,1P�„�,by�nd rnonp
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<br /> .._ ,,;�•:�:••:- - - -,• 1h�Tru�tvr, DAVID V LOFOR1tEN atld L1►NA L L0IORZZN, Ht1ae1►.ND 11ND WItE . -
<br /> " - ° ....,..:;':'� �• Z317 1►PACHS RD GMND I8L1127D 6�8 i
<br /> � `�-�+'w^"��^ who��msunp�ddrN�M �irMre Q�iitor,'whMh�t oM a rfnor�l.
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<br /> =— •ti.r»»�«. �R�N1f 11�wrx
<br /> , �`.. .-.�`':. °�^� � po eoX 790 a�n isz�►xn x� 68802 lh�.ti �Tn,.c..9..nd � ,
<br /> t,..•� .,. � . � whns�m�ilinp�ddrN�M
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<br /> th�B�n�fbf�ry, TH� OVERLl►ND Nl►TION)1L BItNK OF (iR�ND ISI.I�HD .
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<br /> whor�mailinp�ddrs��b P 0 BOX 1688 dR11ND I8LIRHD NE 68802 _(F��nin'I.�nda"). �s_.
<br /> FOR VALUABIE CONSIDERATION,inoludlnp L�nd�t's�xt�mlon of andit W�ntiti�d h�nNt to D11VID V LO1KiRaLrN 0a
<br /> L11NA L LOFORE�N
<br /> th�nin'Borrow�►',wh�thw o��or monl�nd th�tru�t hw�ir►orMt�d,th� ¢�
<br /> " � "'� ' " �, '°"�� r�c�ipt of which I�h�nby�cknowl�dqd,Tru�tor h�r�by irr�voo�bly qn�ts,tnn�f�n,aonwys�nd aufpm to T�u�tN,IN TRUST,WITH
<br /> POWER OF SALE,for th� bm�fit�nd t�ou�lty of L�nd�r,und�r�nd tubj�ot to th�t�rtn�r�d co�dition�ha�in�ftM nt torth,th�rwl +-
<br /> prop�ny,d�so►ibed��follows: ��`:
<br /> - —______----_= LO"_' F4LR (4). QirliEY'8 CT1(Tj� ct,}gp?y�gI�?N IH THE GITY OF
<br /> tiRJIND ISLAND, HALL COUNTY� HEBRI�►SKl1.
<br /> Top�ther with all buildlnys,improv�ment�, fixtures, streets,�Ilsy�,p����y�w�yt,��wn�nts, tiphts,privitpN nd apputtK+�no�� �`
<br /> loe�ted thereon or in anywt��p�rtiininp thersto,and ths r�nts,inue�and profit�,rev�nion��nd r«n�lnd�n th�rwi,�nd woh p�rsoml
<br /> '' � property that is attach�d to the improvements eo as to constituta s f(xture,includinp,but not limlt�d to,h��tin9��d coolinp�qufpment;
<br /> r and toyether w�th th�humettead or marita�interest�, if �ny, which intensts an h�nby rsle��ed �nd w�iv�d;al{of whld►,inoTudiny
<br /> replscnn�ntr and�dditions th�nto,i�hanby declared to b�a p�rt of th�r�al Nt�t�s�cund by th�li�n ot thi�DNd of Ttust and�11 of i '
<br /> ��e• � th�fonqoinp beiny�ef�rted to herein as the'Prop�rty'. :
<br /> •�f Thi�O��d of Ttust thall secure(a)the payment ot ths principal�um �nd int�nst �vid�nasd by a promissory not� or endit
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<br /> �qn�m�nt d�t�d 02/25(94 ,h�vinp�moturity d�t�ct 02/26J�,0 . �
<br /> • . in th�oriqin�l prwiaiprl�nmunt ut S RQ_AOD_QO ,and any wid�II rn�Jit(aations, �xtemlons end rsnewets �
<br /> thereof or thersto end�ny and alI future advancea�nd readvences to Borrower(or any of them if mon then on�)h�r�undK punuant to •
<br /> ons or mors proml�sory notae or credit�pnemsnts Ihsrein ealled"Note'):lb)the p�ym�nt of othat sumt adv�ncad by L�d�r to ptot�ot �
<br /> ths security of th�Notr, tcl the peAormance of uI�covenrnts and�qreemsnt�of Trustor��t forth henin;�nd ld1 all prNmt and futun
<br /> � mdebtedness and obliqatione of Borrower(or any of them if more than one)to L�nd�r whsther direct,i�dinot,abtolut�or continp�nt
<br /> end whether arisinp by note,yuaranty,overdreft or otherwiae.The Note,this Deed oi Trust�nd�ny and all oth�t docum�nt�that��cun '
<br /> th�Nots or otherwi��exocuted in connection thenwith,nc�udi�p without timit�tion yuannt�w, aecurity�ar��m�nt�and���ipnmenN ..
<br /> nf t�as��and rs�tt,shdl bs aterred to herein as th�'Lo�n Instrume�t�'. .
<br /> ' „ Trustor cov�nrntt snd ayre�t with Lender as follows: .
<br /> 1.Paym�nt of Ind�bt�dn�s�.AII ind�btedness tecursd hsreby shetl b�paid whsn due.
<br /> 2.Tltl�.Trueto�ia the owner of the Property,has the ripht a�d authority to eonvey th�Property,�nd warnnts th�t th�li�n orNtsd
<br /> "� hereby ie a first snd prior lien on the Property,excapt for liens and ancumbrrnces tet forth by Ttuetor in writiny and ddivN�d to l�nder
<br /> • before execution of this O�ed of Truat, and th� ex�cution snd de�iv�ry of this Os�d of trust does�ot viol�t�any contnot or oth�r
<br /> � t oblipation to which Trustor�y subjer,t.
<br /> • 3.T�x��,Aa���rn�nN.To eay befora dolinqu�ney oIl t�xas.�p�cial�s9NSment��nd all oth�r chary�s�pain�t th�Ptop�rty now or
<br /> !r� h�n�ft�r levi�d.
<br /> : I 4.Inwrana�.To keep the Property insured apemst demaya by fue,haz�rds, includsd within th�t�rm 'extandd covK�p�',�nd
<br /> euch other hezard�es Urnder may require,�n emounta a�d with companias acceptable to lender,naminp L�nd�r as an�dditia»I n�med
<br /> ' � msured,with loss pey�ble to the Lender.I�case of lo�s under such policiea,th�Lender is authorizod to�d�u�t,eollect ae�d Comptomi��,
<br /> ell clmims tharwnder ond shall hove ths opt�on ot upply�np all or purt of th�nsura��ce proc��dt G)to�ny nd�bbdnat ��cur�d hereby
<br /> � �nd in tuch ord�r aa L�nder may dstermne,Iii)to th�Tru�tor to bo ussd for th���pair o►n�tontion ot th�P►op�ety or tiiil for any other
<br /> F purpos�or objsct sstist�ctory to Under w�thout effaatinq ths�ien o(this O��d of Trust for th�tull�mount s�cur�d ha�by b�for�wch
<br /> �� p�yment w�r taok plac�. My �pplic�tfon of procead�to md�bt�dnN�sh�ll not�xt�d o►postpon�th�du�d�t�of�ny p�ym�nb undM
<br /> r th�NoH,or cur��ny dsfault therwnd�r or hereundor.
<br /> �. i 5.E�orow.Upon wntten demand by Lander.Trustor ehsll p�y to Lender,m such msnnsr�s Lendx may d�sip��b, sufficiM�t sums
<br /> -- _ i .. . .. . '_''"'_ _'.. __.�_..�"'_' �..' _'_'" ��" �t .�_ �_u_...__. �:� _u """ """_"" "� '.�__ J"�� ���:���N.�
<br /> �� � io w�ww �w�u..�v N.� .....o� ..o....�.....�. ......... .......... ..... ...�.......y. a...�� ..,....,.�so.o........ ..��....... ..�...y« ��....�. ..._
<br /> Proporty. hi) the premmrtss on the property��•�����rn rwr�uued hereunder.�nd to0 th�ptemiums on any mortqay�intutMlC�tpuif�d by
<br /> , � lander.
<br /> � 6.Maint�n�nc�,R�pak� and Compli�nc�with L�w�.Truetor shall k�ep th�Property in pood ccx�dition and ��pNr; fh�ll ptomptly
<br /> k repa�r.or replace�ny improvement which may be dsmefled or deetroyed:sh�ll not commd or psrmit any wa�t�or d�t�riot�tio�of th�
<br /> . Prope�ty;sh�ll not ranov�,demoliah ur substantially�It�r eny of th�rnprovements on the Property;sh�ll�ot commit, wff�r or p�rm�t
<br /> i eny �et to be dons in or upo�the Property in v�ol�tion of any taw,ordmance, ot reputation;�nd shcl� pay �nd promptly diahtty�at
<br /> Trustor's aost and sxpens���I Iiens.�naimbnnces snd ch�rqee levied.Knposed or�ssersed�penst the Propsrty or�nY part th�rwf.
<br /> � 7. Emin�nt Dom�in. lender is hereby �ss�yned all compens�tion, swuds, damayss �nd other peym�nts or teli�f theninafter
<br /> - � 'Proce�ds'1�n aonnection with condemnat�on or othar tekiny ot th�Porperty or psrt the►wf,or for conv�y�nn�in liw ot eand�rnnation.
<br /> Lendar�h�ll b��ntitlad�t �t�option to commence,eppeer in end prosacute in its own nsme any�ctio�or proc�edinpf,�+d�h�ll�I�o bt
<br /> ' entitled to mek��ny comprom�se or stttlem�nt m conn.+ct�on with such t�ki�p ot damape.��th�ev�nt any ponion of th�Ptop�rty it so
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<br /> O 1 Yy8 N�nc�i�tlMr t�Co�'mHC�Tr,�t v+0 S�.ry�Af+c:-�t.p,. l.r•��+.HtGNk�
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