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ACKNOWLE DGE ME14T OF DEED OF TRUST rRU3TaR READ THE BEFORE SKMn ~ A~ • Trustor understands that the doc ument that Thollora about to execula is a Deed of YAW &W rmat tide poww of sale;wovkW for k) ft Deed of Trust provides su dally dfuent rtphts and *WgsNa!ta b Trualor flan a tromps Into W*Wd of a default or breach of obligation a rKW to Dead of Trust. ktak=2;tg, brit not limbed W. *w L wtdar'a 11ght tp have the Plop" sold by the 'rrustsa wMxxn 41ny )udcW procoodbg. Tluatw .opeasrgs 41rdd warrants final >t+is amoral ream *Weaabd by Trustor befons the execution of the. Dead d Trust. 8 Ihtsbanc! 6rc )Mltaitl Tha41lomr tli~r DAD OF TRUST WITH FU -URE ADVAMCES THIS DEED OF TRUST. Is meet 4141 of N* ...013r+ day -Cif Merv ~.111-4gd. by end 411^0141 the Trustor, whose malting address is 2412 Cae)tia Cirttmfl~ Italtif.~~, "lruaA~' t drR'~ ntpr41)r the Trustee, . whose nialfing address is iliash "Truel wO ' U* Beneficiary. Five Ro4nts 5--k whosa mailing add-ess is Ms no IL isdisell Gvead Island, IM - ' - (herein -Lariat) FOR VALUABLE C.ONSMERATKK mudding Landees e+mnsion of o- d.'t lden51iad herein ba Linda-C-Xa (hafaM "Borrower", wfOINN one or awns) 41nd the trust herein created, the receipt of which is h jl acknowledged. TnXgor hereby irrevocably grvntk transfem convoys and assigns to Trusaee. IN TRUST. WITS POWER OF SALE„ for them brush and Vocurtty of Lender. under and sul:*W so tlhe teems and corx%llons hw*Wm flee set forth, t?te real property, described as follow w Lot Tventy (20), iQ Block One tl), in Soutbr is Acres Addition to for City of Grand Island, Hail County. Nebraska. Together with all buildings. improvements. fixtures. atreets, afleys. pwwagewwM esserrdetnls. rights. privileges and appur*- nancos located it-ereon or in anywtse pe ctaklirmg deereto, and the rants„ Issues and Wo ts, reverllons and r0milk4ers thereol. and such personal property that is attached to the imptoventerft so as is consttute a fixtdM hmaiudir'tdl. but not banned to. heallrg and coating equipment and togc!ther with the hornestalmed or mw W interests. If any. which Infer xsdl we hereby reteaud and waived: 41111 of which. including replacec"nts and additac^s #Weto. is he-, bpi declared Ia be a part of the real esit* secured tty the Kan of this Deed of Trust and all of the foregoing bekV referred to heroin as to "Propant - This Deed of Trust shall secure (a) the payment d itmq pdrw pad tam and Lvlerest evklonced by a pnamissory now or credit }rte; , agreement dated Max vii S& d 1:994 - having a maturity dale of "M ell In the original principal amount of S - .60 . and any and as modifications. exie"iom and renewals thereof or thereto and any and ail funure advances and readvarcea to Borrower (at any of there it more than one) hereunder pursuant to or * or more p: r •issory noses or credit agreements (herein cased "Note X (b) the payment of other suttm t advanced by Lender to protect Me security - the Hole; (c) the performance of all coverants and ayrsernents of trustor set forth her eim and (d) an present and future indebtedness and obligations of Borrower (or arty of theme if more Cm one) to Lender whether drect. Indirect absolute or contingent and whether arising by nose, guamnty, overdraft or otherwise. The Note. Ibis Deed ct Trust and any and aft other docuenb that secure the Note or odmwwbe m%vKw ed in connection VweMrill,Ir+ckK*V wiMout man guaranlees, security agreements and assignments of leases and rentL shall be referred to herein as the "Loan instrrxrmermts"_ Trustor covenanh and agrees with Lender as follows: 1. Payment of hxkttledrutsm S Indebladness secured hereby shalt be paid wtmen due- 2. Title. Truster is the owner of the Property, has the right and auftmity to convey the Property. and warrants tart the lien created hereby is a first and prior lien on the Property. except for Gems and encumbrarices sat forth by TnnMx m writa►g and delivered to Lender before execution of this Deed of Tnut and the execution and delivery of this Dead of Trust does not vkAme any contract or other obligation to which Truster is st:t*act 3. Taus. Assessawieft. To pray before delinquency a41 taxes. speddal assessments and alt oltter charges against aloe Property now or hereafter levied. 4. Insurance. To keep the Property ixmsured agairW damege by fim hazards km*x d wf * the len- -exlended coverage . end such otter hazards as Lender may require. In amour t and with corrigmdies acceptable to Lender, nw►r V Lender as an additional ' named insured, with loss payable to the Lender. In cam of bas under such pobciM the Lender is aua'wm7nd to &*mt collad and compromise. all claims thereunder and shall have the option of apply V all or part of the bmstrence prooeeds C.) to any bxkt ess sec;:. d hereby and in such order as Leander may delransine_ (:Q to the Trustor 14 be used for the repair or resk atian of the Property or (u) for any cater purpose or object s factory to Lender without affecting I* W of this Deed 61 Trust for the full amount secured hereby before such payment ever gook platcar± Any appi Galion of pnxmeads to indev s shall not ex&wW or poe4xm the due date of any payments under the Note. or cure any default thereunder or hen4 nder_ 5. Escrow. Upon written demand by Lewder. TnxAx shaft pay to Lender. in such rrmenrrer as Leader may designate. sufficient sure s W enable Lender to pay a` they become due one or more of the foflowir>, (i) all'~xes. B rienb and other charges against the Pmperty. (iq the premiums on the p WM insuramm nmp*etd hereunder, end cur-) time premiums on any nxxVage insurance required by Lender. 6. idairrleaance. Repairs and Compliance wdh Lawns. TrwAor shall keep time Property in good condition and repair, shall pronpdy repair. or replace any improvement wtrch may be dandaged or destroyed; not commit or pemul any waste or s detencration of the Property; shall not rexmmove. denWmh or sutstardiatty arW any of the hnprowe+r-eats our tide Property: strap not commit sutkw or perry, et e..:, act to be dome in or xxi the- P:ope+rty itr violation of any law, or mm or regulation and scrag pey and pn nptly discharge at TrustoC's cast and expe!r _ alt liens. e-m-xirnbrances and charges levied. irrupmed or assessed against thlc property or arrr part thereo(: 7. Eminent Dori sbu Lender is hereby assigned aft commpensabwL awadds. damages and other payments or rEfief (tdere irwfw 'Prvice 4,ds-)in orenecbon with corxieffwgd nor tmtdrmg of th- Property or part i mweot or k r acrtveyxmco in freu of ecrmdut-. w..- bon- LeWer shall be entitled at its option to commence, appear in and prosecute in Its oaa. name any akdonor p"xxm kVk wrte, shall also tae enbt*d to make 9 ny tomapcorrmcys or "W&ne nt in connectlC n vreh such naming or demo In the event any pardon of raid emsx pan.... +cw+~ra+r N" w.. mb Is L` m~rrm mrr+onr \a t ar Ca+waci 7.wwe uN 5+~+P w...awrr► dl,edR 1NNdrm.