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<br /> .� ' `'' ` - � ' � � HQME FEDERAL - �R�N�3 lSI.A�OlD ������ � . `,.
<br /> � � � ��. .� . �
<br /> � 221 South Lo�ust S�,P.O.Box 9009 •
<br /> . l�F , � . Grand tsland.Nebr�eska 688�2-'100�- . � �` - � .. :t::__
<br /> , . . , .: , . , 3�&352-�000 • °�. --
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<br /> � _ _.` --.-.-..._- � ACICN�VIaLEDGME�iT TO DEED OF TRUST _ _ � �
<br /> - - - --- ,- Ttte urtders's�r�ed°Yra�tar'as i�anti�isd in iRe follawtng Dea�ot Tieest.�rahsiher ans or mcue,unde�sTarid that the � -_- - .-.- -
<br /> � , documeat they are abaut to execute is a�sed of Yrust ead not a mortgage,and thai the power of safe provIded for . � �
<br /> � ;, , "'� in the Dee�.ot Trust provEdes substantial�y differeni rights end obiigations to the Borrowers th�n a mortgags in the ;� � .� ���.
<br /> ,.. • ..
<br /> �� � -��� � -�� } � everrt of a detauft ar breach of obfigatlon unster tha Dead of Yrust,induding,but aoY limited 20,ttie Benefic�ary's tight � `-
<br /> . `��• -- , ,-- - to have the Property identifted irt the foftowing DesA of Trust satd by the 7nrstee without any ju�ciai prcceeding. ' ' ' ' . �`._
<br /> � . , . Trustor rapresents and warcanLs that this Aaknowledgment was executed by them before the execution of the�eed R. " ' :r
<br /> � " . ' � of Tiust hareafter set forth. ' � °. . �
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<br /> _ . .. �_. • . ... � . RANDY �: ,� . �:
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<br /> < '. .. ' CAROL M ASLLWBC#8 ~ �e � � •`��. ,
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<br />• , . � . . � H�IUIE ECIUITY LINE DEED OF TRUST � ���'��:__.�_�.',` =
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<br /> .._..----�DECBNIDSR- --��- �199�-. ...... : .: .. .. _. . .•.'_-
<br /> ---� ----�--�:._... _..- ------ TH15�TRtlST-DE�t3 made this------. ..y��_.._...:day-of. . . .__.. .-: be't�esn. .. -� --- �
<br />: �.' . : aeanY J tt�.�weGS atiaa c.aROt e� xscra�cs, svss�m axn wsPa . : . .', ' '
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<br /> , ' , ,. . . � hereinafter call °Trustor°,whose mailing eddress ts 4Z58 NSW Yfl$R A11E, QR31ND ISLAND, NB 68803-i40� � ' -
<br /> . "�'�i�,�_
<br />- • . ;as"Trustee°;and Home Federai Savings and loan Assnciation of Grand Island,whose ,f�'�. `' '�-'"���
<br /> l� �_•.
<br /> ' __�_..,.._ mailing address is 221 Sauth Locust,P_O.Box 1009, Grand Isiand,Nebraska 68802, es°Baneficiary". _ ,'"• '
<br /> • � .�� . For valuabfe constderation, Trustar irrevocably grants,transfers, comeys and assigns to Trustee, in trust, with ' � ' "'��
<br /> .�., ,. ,•
<br /> � power of sata,fer the benefit and secud�y of Bsneflciary, undet and subject to the iemss eatd condittans of this Qe�. ,. `-="`� '' �"
<br /> ;.,..
<br /> , .� �� , �. • � , � of T►usi.the toltowing described proper.y tacated in GR1�ND IsL�m, HALL • ,� �, t� "
<br /> ..._ � _ Neb�astca,to wit: ; =�.
<br /> ' � LOT TWO (2) IN BIACR ONS (1) ZDT CAP=TAL HBIGAT3 3BCOND SIIBDIVISION, �g
<br /> � • ,- BEIrTG A PART OP TSS SOUTSEAST QZ731RT� OF T� SODTHWEST QUAttTER , . . ..`° �,` ' .
<br /> � ' . (SH1/4 S'r31/4) OF SSNPION TWO �2), TO'r1NSAIP ELEVEN (11) NORTB, RAI�C3
<br /> -. ,. � TEN (10) �ST OF TS8 6TH P.l+F. IN HAIS, COUNTY. NEBRASRA. • � �..s"� �
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<br /> � � ,. ,. .,- --. • . ` .. . .�. ��:-
<br /> � � togathe►with a!1 buildings,fixtures,improvements and appurtenances thereunto belonging,it being��reed that all of � ��i
<br /> �. ;�;;,.� � the toregoing shait be hereinatter referred to as the"Propeity". � � . � ��=
<br /> �+'�' � . FOR THE PUAPOSE OF SECURiNG performance of each agreement and covenant of Trustor herein contained and �� / L
<br />:. • � . . ' . • the payment of the principai sum of ��� TKOUSADID PNS FIOADR�DOLL111t8 b HO/C�ITS �- ;; {,
<br />-_ . . • Dollars($ 17,500.�0 ), es evidenced byr a Home Federai Home Equity �oan Agreement betw8an ' �
<br /> , . Trustor and Beneficiary(the°Loan Agreement"1,pursuant to which BenefIciary will advance fu�ds to Trustor from time ��� •� �
<br /> : �' ta time at the interest rates and upon the te►ms provided therein,together with any sum or sums of money with � '
<br /> . • ' interest thereon whicb may hereafter be paid or advanced under the terms.of this Deed of T�ust,both pdncipal sum � .
<br /> . � . • artd interest theraon being payable aesording to the terms set fonh ite the Loan Agreement, reference to which is � , . •
<br /> . • �•� . � hereby made,at the offlce of the Beneficiary in Gran�Istand, Nebraska, or at such otfier placa es Beneficiary�ay � '. .
<br /> 't � � dasignate in writing. � � • '.
<br />.�. ' - � . . U �
<br /> �` . �� TRUSTER AND BENEFtCiARY COVENANT AND AGREE AS FOLIOWS: � � �
<br /> ��°• 1. W a r r�t y o t T i t b. Tr u s t or is lawiul(y selzed of the Pro pe r t y;has good ri ght and lawtul suthori t y to sell and I `
<br /> : • convey the Property;the Property is free and clear of all liens ertd encumbrances except liens now of record;and ; . ;�_
<br /> " �. • Trustor wtlt warrant and defend the titte to the Property unto tha Trustee and its successors and assigns forever i ,
<br /> : '� . . against the clslms oi all parsons. � ` '
<br /> _.���_,' ' 2.. Payment oi iMncipd and Irlterest. Trustor shail punctuaity pay the principal of,and interest on,afi edvances ' ' .
<br />__ �. .� ; � � under the Loan Agreement ana will pun�tualty perform aii agreements,conditions snd provisions o4 any other secwity i . .
<br /> � . � � instrunsent given in connection with this trensaction. �
<br /> - 3. Rresgnra8on arrd Maintenance of Praperty. Trustor wil)not commit any waste upon the Property at will, at � •
<br /> �::- ' � atl Umes, maintain the same in good order and conditlon and wiil make, irom time to time, aU�epairs, �enewals, .. .,
<br /> i� - � -- - replacem$�rts.additions and impro�ements which are reasonabiy required to prevent waste,impairment or deterioration ; � •
<br /> ''.-� ;. . • � of said property. No buitding ar improvement now or hereafter erected upon the Properiy shaH be attered�emoved :. � .
<br /> ''.'� • or demolished without the prior written consent of Beneficiary. �
<br />° .�' , 4, Ins�ar�toa. Yrustor,et its expense,witi maintain with insurers epproved by Beneficiary,insurance with respect ;� • "
<br /> - , •.�: ' . . to the impravernents and personal propeny constituting the Propsrty against loss by fre,lighming,tamado and other
<br /> -�=- z. , __-',- �•�eosrss�b�,�standare!e�esida�cot+er�ge�n��rsesnent!n an emnunt e fiaaa to at least one hundred percent of the ` �
<br /> .'.:�. �' �. . tult replacement vatue thereot,and insuranco against such othet hazards and inisuch omount as is customarity carried ; ' �. �
<br /> . . . � . .
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