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<br /> ,.���__ __ A�KN�OWLEDQEMENT OF aEEO O�TRUBT
<br /> _ - � TRU$TOR RFJ10 THIS BE�ORE BlONINf3: ��_ iox�1
<br /> - Truttor un�dertfand�t�uttt��daaum�M Mat Trustor t�about to exeoute la e Oeed ot Twt�nd eof a mor�aps�nd t�attM pow�r
<br /> - of wt�pravlde�A(or In ths O�ed of T�utt provid��tub�r►tlafty dl(tennt riphb te�d obilpatlons b Tn�etar th�n a mort�in th�swnt
<br /> � � of�d�tiutt or bre�ch of ob�l�atlon und�r th�W�d of Trus�inoludlnp,but rtot timltsd to,th�Lartdera tlphtto htv�tbe PraRarty�old
<br /> Dy tM qrustes wlthoa!nny�udtotal{xoce�dlnp.TruHor��prssonts and warrama that tht�eoknowledpenNnt w��x�out�d by _ _
<br /> Tnnior betore the exeoution of the Caed o!T►w�
<br /> ol n� Alber� Ttu�tor u� ��
<br /> � t.;�-� ;�l Renee L Albero Tnisto Mita
<br /> �
<br /> ,., .� �-
<br /> ., _,��",�'� DEED AF TRUBT WITH FUTURE ADVANCEB
<br /> '�•- ti�": r;:�.
<br /> •, ����':��..'.`.,� THIS QEEO OF TRUST,Is made as ot the 08th �y o} Mar. ,19 94 by and amort� —
<br /> � � 1 ..; ._ ;:..^L. yi
<br /> ��`�'" ��'` "``��'' . Colline S Alberd b Rsnee L Albers � huoband nad vi.te —_
<br /> ` th8 TNBtOf, ' –
<br /> - �` � � Si2 Myaadotte St t3rand Islen hereln"Truso r;' wh�ed�ier one or mae),
<br /> ��.� . . 1 whose meiling addresa la �
<br /> - .�•'-•'-'"- �.-:T�-.�`�—� me Tn,atee, Fi.ve Po�n�a Qank, a Nebraske Corporetion , �
<br /> � ' whose mailing address is P'p' 8ox iS07 tirand Ielend, HE 68802 (herein"7ruatea"�,and --
<br /> .. �;::
<br /> •i ' Five PoinLe Benk
<br /> � ' the Beneticiary. ' —
<br /> � � whose malitng addreas is 2019 N. Broad�ell tirand islend. NE. 68802-1507 (herein"�eaderq. —`"
<br /> •• �' ��• FOR VALUABLE CON3IDERATION,inciuding Lender's extenelon of credlt IdenUfled herein toColline S Albere �:
<br /> .�:..
<br /> , • �
<br /> . b Ret►ae L Albers .(herein"eorrowe►',whether one or more)and the trust herein c�eated, �-
<br /> � ' ' the receipt of which fa hereby acknowiedged,Trustor hereby irrevocebty grants,transters,conveys end esgigns to Trustee,IN -
<br /> THU3T,WITH POWER OF SALE,tor the beneiit and securlry of Lender,under and subject to the terms and condidons hereinatterset
<br /> �,`.=.
<br /> forth the�e8i rOpe�ty d�escribed as foliowe: _
<br /> L[�T5 SBV�H l7) AHD TEN t10) AHD THAT PART OF LOT ELEVEN til). MOAE PART- _
<br /> ., ICULARLY DESCRIBED AS FOLLO�i&s SEE ATTACHl1EHT 'A• �%
<br /> �:;..
<br /> ._.____. .. .. .. __�.�.__-__ �"
<br /> .__. _........_._
<br /> ' `- —'"""" " iOQ8tfl8�WIS�I 81t Dpt101DS8��mprovemenis,r�x�ures,6U9tl18�E��O�IB�pannayewayn,vt�OO���onw��iyriw,Mnluvyoo oR 8��'iilftS-
<br /> nances Ioceted thereon or In anywise pertaining thereto,and the rents,Isaues and protita,reversfons and remai�dera thereot,and
<br /> such personat property that is attaahed to the Improvements so as to constitute a Ilxture,includfng.but not Iimited to,heaU�g and �
<br /> cooting equipmen�and together with the home9tead or maritel interests,H any,which interests are hereby released end walved;ali •
<br /> ' of whlch,including�eplacemente and additions thereto,is hereby declered to be a part of the real estatesecured by the Ilen ot this
<br /> Deod ot T�uat end alt of the toregoing being referred to herein as the"Property".
<br /> � �� Th18 Oeed ot Truat shell secure ta)the peyment of the princlpai sum and interest evldenced by a promissory note or aredit
<br /> , agraement dated Marc 8th 1994 ,having a meturity date of�lLah lst 2009 , � ,.
<br /> • .. ` in the orlflinat prinalpat amount ot S 54.000.00 ,and any and ail modiffcations,extensions and renewals
<br /> , thereot or thereto and any end all tuture advancea and readvances to Borrower(or any ot them it mord than one)hereunder - '
<br /> pursuant to one or more promfeaory notes or credit agreements(herein cailed"Note");(b)the payment of other soms advanced by
<br /> Lender to protect the securlry ot the Note;(c)the pertormance ot all covenenta and agreements Ot TruBtor set torth hereln;and(d)aii .
<br /> • present and future Indebtedness and obtigations ot Borrower(o�any of them if more than one>to Lender whether direct,IndlreCt,
<br /> � � absolute or contingent and whether arising by note,guaranty,overdreft or otherwlse.The Note,this Deed ot Trust and any and all
<br /> otl�erdocuents thet secure the Note or otherwise executed In connection therewlth,Inciuding wlthout Ilmltetion guarentee8,security
<br /> agreements and easfgnmenta ot leases and rents,shell be referred to hereln as the"Loan Instruments".
<br /> Truator covenanta and agrees wlth Lender as toltowa:
<br /> 1.Payment ot Indebtadnea.AII indebtedness seCUred hereby shall be pald when due.
<br /> 2.Tltle.Trustor Is the owner ot the Property,has the right and authorfty to convey the Property,end warranta that the tien
<br /> Created hereby Is a tiret and prlor Ilen on the Property,except for Uens and encumbrances set forth by Trustor in wrlUng and
<br /> . delivered to Lender belore execution oi this Deed of Trust,and the execution and delivery of thta Oeed of Trust does not viotate any
<br /> contr8ct or pther obilgatfon to whfch Truator Is subject.
<br /> � '• 3.Taxef,Attessmenb.To pey betore delinquency all taxes,specia�assesaments and ail other charges egainst the Property
<br /> ' now or hereatter levfed.
<br /> , 4.Insurence.To keep ihe Property lnsured against damage by fire,hazards Included w�thfn the term"extended Coverage",end �
<br /> such other hazarda es Lender may requlre,fn amounta and with companles acceptable to lender,naming�ender as an addlHorta► �
<br /> named insured,wlth Ioss payable to the Lender.In case of loss under auch polictes,the Lender is authonzed to adJust collect and ,
<br /> ' Compromise.ali ctafm8 thereunder and shal!heve the option of applying a��or part ot the fnsurance proceeds pl to any indebtedness
<br /> ' secured hereby and In auch order as lender mey determine.(u)to the Trustor to be used tor the repau or restoratton ot the P�operty
<br /> or(lii)tor eny other purposeor obJect satlsfactory to Lender wtthout attecttng the Iien of thfs Oeed ot Trust lor the tuli amount secured
<br /> hereby before such payment ever took ptace.Any appllcation ot proceeds to mdebtedness shall not vxtend or postpone the due
<br /> � � date ot any paymc�nts under the Note,or cure any defautt thereunder or hereunder.
<br /> . _. . .L'__'... :-.. .. . � ... __' .. ..___.'.''.."_ �____��...__�'" r"'_'�'��.�i���..�..�....w... �..�....w...e....e.se 1 e...�n.r.�e..'Im�nnnfn e�•1Fiwinnl
<br /> -" '-•-. .. . ' O.��r�V��V�/VII wfil101i VOIIIQIIV V�LOItVO�� ��YOW� O��P���/al�v rv.�va��..�.v�v...•.y...�.�..�rv....v.....��vv�.D.....�.�.�...�.�...
<br /> ' surns to enabte Lender to pay as they become due one or more of the following:�i)a�l texes,assessments end other charges against
<br /> . the Ptoperty,(ii)the premlums on the property�nsurance reqwred hereunder,and(�ff)the premiums on Any mortgage i�aurance
<br /> � ' required by Lender.
<br /> ; 8.Maintenanas.Repeln and Compllanee wNh Laws. Trustor shatl keep the Property tn good condit�on and repair:shat�
<br /> • ;, prompUy repair,o► replace any improvement which may be damaged or deatroyed: shatl not commt or perm�t any waste or
<br /> � ; • deterloratton ot the Properry;shali not remove,demoi�sh or subslantfally atter any of the�mprovements on the Properry:ahell not
<br /> , Commlt,sufter or permit any act to be done in or upon the Property in vfo�etion of any taw,ordinance.or repulation,rtnd ahalt pay end
<br /> � promptly dlacharge at TrueNr's Coat and expense ail tlens,encumbr�nces and charAes levted.Imposed or assesaed againat the
<br /> + Properry or any pert thereol.
<br /> ` 7.Emtnent Oomatn. Lender is hereby assigned aIi compensatlon,awarde,damages and other payments or relfef lheremaker
<br /> � �' "PrOC88de'7 in connectlon with condemnatlon or other taking ot the Property or pan thereot.or tOr ConveyanCe�n t�eu ot Condemna-
<br /> � ' tlon.Lender shall be enttt�ed at tts option to commence,appear in and ptosecute�n ita own n8me any eCtion or prOCeed�nga,and
<br /> shall also be entitled to make any compromf8e or settlement In connectlon with such taking or damage.In the event any poA�on ot
<br /> ' - NEC 3�611Nompntutturs10�e01Rsv10�88
<br /> m 1988 Na�orol Buu d Commues tru�t sM Se.mps Mwuee�on l�neoin Neb�W
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