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<br /> ��� � - - • . " ' �. � ACKNOWLEpQEMENT OF DEED OF TRUST � -
<br /> .,.���Y.^?lr�:f91 • � . ' - —
<br /> =-- ' TRU870R R�/1D TNI�BEFQRE�lGNIN3: RE RECOROEG y��Q�s ��� �����0
<br /> ' ' T�ustorundentnndathstthedoaumentthntTrustorla�bouttosxeautel�aDeedotTroa4+endnotamortpepeandthatthspow�r
<br /> of�als provided tor In the Ceed of Trust providea aubatanttally difterent rtghta and obllpaUone to T�uetar than e mortpaps In the evsM
<br /> — -- af a dehultor bresab ot obllyatian under the Dacd oi Truat,Inciudlnp,but not Iimlted to.thel�ender'e�lghtto havs ths Propsrty sotd __. _ __ - _
<br /> . � _�
<br /> -:': by the Trustee wlthnut any Judlciei proaeedinp.Truetor repreaents and warrante that this eaknowledpement was executed by
<br /> T�uator before tAe oxaaudon of the Deed of TrueG - '`-
<br /> '�r. �. � ' �-__
<br /> ' Sua s� Express Inafrustor
<br /> ' �, �.
<br /> Trustor
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<br /> DEED OF TRUST WITH FUTURE ADVANCES e�:-•=�
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<br /> •n �t'.•'�'='•,:�r,,`,; Feb. 19 9� b and amon � r� ,_-
<br /> •y..�•�-� . THI3 DEED OF TRUST,is made sa of the�S.th.day o( � Y 8 _��,�______T_�___
<br /> I ..t, . a . ;� A —_ _ —
<br /> .z� 'i�.< r+�c c��+�. S�nriQa �Kt1lee8 IttO
<br /> �.f.,�� � �, the Truetor, — • ';� �'' � `�
<br /> "`•:y `�;�.�:_ Po 8ox 1282 6rand Islend Ne 68802-1282 + �_�
<br /> � ��V�::.°- whose malling addro�Is (hereln"Trustor;'whether one or more), r.____
<br /> ^•-, ---- Five Poinb 8ank. a NQbraske CorPoretion , -- f - -
<br /> ,• the Trustee, _
<br /> ;.� • P 0. 8ox 1507 [irend Is18r►d• NE 68802 (herein"Trustee'�,and ����.�;;��
<br /> whose mailing addresa Is • + '�•p�•-,;;,
<br /> '� . � . •,�Ch_°
<br /> the eeneflclary, Five Pointe Benk . �p�'�'�
<br /> �" � ' ���.,�
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<br /> • ° 2015 li 8roed�ell tirend Ieland, HE. 68802-1507 � """""-`
<br /> whose malling address la (herein"Lender'y. • �q��
<br /> . ,,
<br /> •� FOR VALUABLE CONS�DERATION,including Lender's extens�on ot credit tdentBted heref�to '' ,• • r
<br /> 3unriad��rese Ena (hereln"Borrower",whether one or more)and the trust hereln created, �;,�
<br /> tne rocelDt of which is hereby acknow�edged,Trustor hereby Irrevocabiy grants,tranafera,conveys and assigns to Truatee,IN � �
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<br /> � '" 7RU8T,WITH POWER OF 3ALE,tor the benetft antl secunry ot�ender,under end subjaci i�ii�n itl�ri�a ar+d conditl�ns herelnattar ssi .'���
<br /> . �> torth,the real property,descrlbed as tollowa: I�''�-.. ;
<br /> . �
<br /> ' 3ee attached. ���4`-
<br /> � .�. s;
<br /> _. •�_ . •.
<br /> Together with ali bulldings,improvementa,fixtures,atreets,al�eys,passageways, easements,righta,privfleges and appune- � ��'��
<br /> nencea(oCated thereon or in anywfse pertelning thereto,and the rents,lssues and protits,reveraions and remaindere thereof,and „ r
<br /> SuCh pe�80�81 property th8t Is ettOChed to the Improvements so na te cenatlfute n tixlure.Including.but not Ilmltod to,hoating and ,.�s ._
<br /> � � co�iing equipment;and together with the homeatead or marital Interests,if any,whlch interests are hereby released and waivad;al� . r� :.'
<br /> • ' ot whlch,Including replacemonts and additlona thereto,Is hereby declared to be a part of the real estate secured by the ilen of thia
<br /> Deed oi Trust and alt of the toregoing being relerred to herein as the"Property".
<br /> ::���
<br /> � •!`�".%"�L_
<br /> `� ' Thts Oeed ot Trust ahall secure(a)the payment of the principal sum and Intereat evidenced by a promissory note or credit , /
<br /> � Auguet 16th 1994 '�''��
<br /> , agreement dated F��"���''�-15th t994 ,having a matunty date ot � �-
<br /> : In the origlnel prl�cipal amount of$ 238•�80•00 ,and any and ali rnoctiticalio�is,extenslons and ren3wals � • ° • --• , �'-
<br /> . � � • thereof or thereto and any and ati tuture advances and readvances to Borrower(or eny ot them if more than one)hereunder •
<br /> � purauent to one or moro promtssory notes or credit agreements(herein called"Note'y;(b)the payrnent of other sums advanced by ,
<br /> Lender to protect the securlty ot the Note:(c�the pertormance of all covonents and agreements ot Trustor set forth herein;and(d)all � .. , .
<br /> " . present and future Indebtedneas end obtigatfona of Borrower(or any of them ft more than one)to Lender whether direct,indlrec�
<br /> abaolute or cnntingent and whether arising by note,guaranty,overdraft or otherw�se.The Note.this Deed oi Truat and any and aIi �
<br /> olherdocuentgthatsecuretheNOteorotherwfseexecutedfnconnectlonlherewith,includingwithoutUmitationguarantees,security . o
<br /> � agreements and asaignmenta oi leases and rents, shati be referred to hereln as tho"Loan Instruments". I '
<br /> ,� •. Trustor covenants and agrees with Lender as follows: i .
<br /> - �� 1. Payment of indebtednesa.Att indebtedneas secured hereby shall be paid when due. I
<br /> 2. TNIe.Trustor ts the owner of the Property, hes the right and authoriry to convey the Property,and warrants thal the Ilen
<br /> ti; created hereby Is a itrst and prfor Ifen on the Property,except tor Iiena end encumbrances aet forth by Trustor in writing end E
<br /> deiivered to Lender botore exacutlon of thfs Deed of Trust,and the executlon end delivery of th�s Deed of Trust does not vfoiate any !
<br /> • , � contract or other obtigetlon to whtch Trustor is sub�ect. �
<br /> i � 3. Taxe�,A�ae�amen4a.To pay before dellnquency all taxes,special assessments and all other cherges egainst the Property
<br /> now or hereafter tevied.
<br /> ":� 4. Inturance.To keep the Property Insured against damage by flre,hazards inctuded w►thin the term"extended coverage",and I
<br /> , � Buch other hazerds es Lender may require,in amounts and with companies acceptable to Lender,naming Lender as an edditlonel �
<br /> � • named(neured,with losa payabie to the lender.In case of Ioss under such poticies,the Lender is authortzed to ed�ust,coilect and ,
<br /> . cOmpromlae,ali Ctalms thereunder and shali have the option of applying all or parl of the�nsurance proceed3(1)to any indebtednesa
<br /> ' ` eecured hereby a�d tn auch order as Lender may determine.(u)to the Trustor to be used for the repair or restoration of the Property .
<br /> ' or(ili)tor any other purpose or obJect satlsiactory to Lender without attect�ng the lien o(thla Deed ot Trust for the tull amount secured
<br /> �i„ � " hereby before auch payment ever took piace.Any app��cetlon ot proceeds to tndebtedness ahail not extend or poatpone the due
<br /> 'e _ ��� ....d...�w..A�..�e .. . .tnln�df fhnro��ndnr nr harautldNf
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<br /> � — --�--• vww w an7 Malu.onw..u..o. .��....v...�..'�r.'.;....� ..�..._.....-"'--'-- - - �- � -
<br /> S. Etorow.Upon wrltten demand by Lender.Truator ahall pay to Lender,in such manner as 4ender may desfgnate,suHlcfent
<br /> sums to enable Lende�to pay as they become due one or more ot the following:(1)all taxes.asseasments and other chargea agalnst
<br /> � ; th�Property,(Iq the premiuma on the property insurance reqw►ed he�eunder,and(lif)the premiums on any mortgage Insurance
<br /> '�� ' ' � requlred by Lender.
<br /> , � 8. Meint�nette�, Rtpatn and Comp�lenee with Law�. Trustnr ahali keep the Property 1n good conditlon and repair;shall
<br /> � << prompt�y ropalr, or replace any Improvement which may be dameged or destroyed;ahall not commlt or permtt any weste or
<br /> ' ; ' deterio►6UOn of the Property;shal�nat remove,demollsh or subatantlalty aiter any of the fmprovements on the Property:sha�i not
<br /> comml�eutter or permlt any act to be done fn or upon the Properly fn vtoiatlon ot any taw,ordinance,or regulation:and ahall pay and
<br /> � Y' ' promptly discharge at Trustor's cost and expense all liens, encumbrances end charges Ievied,imposed or assessed agefnst the
<br /> ;�� � Property or any part thereot.
<br /> � �� 7. Emin�nt Domatn.lender Is hereby assigned ali compensatlon,awards,damages and other payments or rellet(hereinaker
<br /> "Proceede'y in co�nectlon with condemnation or other taking of the Property or part thereot,or for conveyanCe In Ileu of condemne-
<br /> � . Non.Lender ehal!be endtled at ite option to commence,eppear in and prosecute In tta ow�name any actlon or proceedings,and
<br />''' „ ,' Shall atso be entitled to make any compromise or settiement In COnnectlon wlth such taking or damage.ln tha event any portlon ot
<br /> � escHasino�eaK�v•�o.ea�n«�o�ea i
<br /> .� ' �19E87�N�iWNOfCommMaTrutt�nd5�nnptbioent�on.4nroln.Neb�tb k '
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