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<br />:j~o~~~ <br /> <br />,j i <br /> <br />Elghlh Farm eradll Dlllrlol <br /> <br />RR- 104480 <br /> <br />'1 <br /> <br />FCBoSQ,';'j4::Bn H- <br />Page1of2 . <br /> <br />ACKNOWLEDGMENT <br /> <br />The undersigned Trustor(s) hereby acknowledges and understands thai (a) the security document below to be eXBCuted Is a Trust <br />Deed. and not a mortgage and (b) the power of sale provided for In the Truat Deed provide! BubstantlBllydlfferent rights Bnd obligations <br />to the Truator{s) than a mortgage In the event of a default or breach of obligatio.,. The Trustor(s) further represents and agrees that this <br />certlllcatJon has been read and executed In connection with, but prior to. the ruatora' execution of the following Trust Oeed. <br /> <br />~~"t~ Auoust ,19~. j ~. <br /> <br />Alan . u t <br /> <br /> <br />H <br />lj <br />II <br />11 <br /> <br />I <br />.f <br /> <br />U~GNm PRIOR TO I!XI!CUTlON OF OeD OF TRUST. <br /> <br />~'B.EEij~~D ASSIGNMENT OF RENTS <br /> <br />This True. Deed and AlIlgnmenl o' Rent~"';;ierred -to In the above acknowledgment Is made this 15th day <br /> <br />of August ,19J!L., by and among Al ~n V . Hill t ~nd <br />Caroline J. Hult. husband and wife <br /> <br />''Trullor(II'',whOlltmalllngllddlMlll Route 2. Box 78. Grand Island. tiE 68803 and <br /> <br />J:'~"" rrprlit RAnk nf Omnhi=l "Truat.....whOMmatlfngaddresals <br />206 South 19th Street. Omaha. ~E 68102 .andthl Farm Credit Bank of Omaha , <br />"Benaflcluy", WhOM mailing IddlMlII 20e South 19th 5lrea1, Omanl. Nlbruka 68102, In conllldlratlon 01 thlllllYance by Benellclary 10 <br />Trullor(11 ollh. prlnclpelsum lpeclfled below. Iharecalpt olwhlch Is hlfBby acknowladgad, andanyluture.lIddlUonal orpro_IIdvanCII <br />mad. 10 or on behal, 01 Trullor(s,at Beneflclaryl option. Trultor(l) IrrllVOCllbly tranllars, coU\'ey1Iand _gnl to Trull... IN TRUST. WITH <br />POWER OF SALE, 'or ths ben.1It and lICurlty 01 Blnallcllry. Its succOllora Ind IIIlgnl, undlrandlUbjactto the tannl and condltlonlol this <br /> <br />Truat Deed. the ....1 propenyl located In the County 0' HA 11 . Stare 0' Nebruka. and described.. follows: <br />.!!:. .!!!e: 1!i: <br /> <br />THIS <br /> <br />Tracts of land located in Lot 2 r~ainland and <br />Lot 3 Island - - - - - - - - - - - - - - - - - - - - - 11 ION 10H 6th p.r. ' <br /> <br />MORE PARTICULARLY DESCRIBED PEr: ATTACHED EXI-!IBIT B INCORPORATED HEREIN BY T!-iIS REFERP!CE I <br /> <br /> <br />~ <br />\ <br />~ <br />l <br />logalhar with III Truolor(l) right. UUa and In_ In IBid property. now or h....._ acqulrecl. Including ai' bulldll1lll, Ilxtu-. crope and ~ <br />Imp............llnowon or _herp_ uponllld reaJ property; Including allO all appurtanan.... walar.lrrigatlon. and dralnag. righll; and , <br />all ranll. 1_ ..... Incorna. proftll. and righlllo ~n: aI' 011, SU. gravel, rock or other 1Il1_ 01 __ nature, Including ~ <br />gaothannaI..-ourcao; and allpancnal property IhIt may Inllgrally belong 10 or hereattar become an Inllgral part oIaald real...... whelhar a <br />1_ or _. Including any appurtan_ and aCcoutremenll of any realdenClIICUrecl hereby. and all a_ and below ground K <br />=:::::"~-::-'~~::"a;=:~=~~:':==-=~~,:~:an~~-::::~~ ~ <br />All 01 which II henlundlf coIlactlvaty relerrec1lO u tha "Truot EIIate. n I ~ <br />"1o__"-~~I)_--"__TrullDeedlog_lo__ I ~ <br />(e) A promlaory note or natal tovether with Interest thereon executed bV Trustor(s) to Beneficiary and described u followa: ! ~ <br />Dala 01_ PrInoIpal_ D_ 01_ PrlncI.... _ ~ <br /> <br />8-15-88 <br /> <br />$27,000.00 <br /> <br />PIIv_blellCCOrdlng to the term. of I18ld note(I). <br />(b) And the repayment In full by Truator(l) 01 any and all fulureand addlllonaladvanc8swhlch may be made by Beneficiary, 81 Its opllon, a~ <br />the requ.1 01, and to orforlheaccounl of Trultor(I), orany olthtlm,forany purpoae, pluslnterul on alllluch advancell, under any note(s) or <br />other Inllrument(a} taken in rellnanclng, extending, renewing, reamortlzlng or restructurtng such I"dabladnen or any part thereot, all <br />:~-:,::"a,:o~=oa:':.~:: ~~":':h~l~~~) .':=~~~S:::'..,'"~~II":J~r~~~"'l; ~\'iflr111'~III~xm\,,1 E~~c'~1l\ ~f~~~n~~,:u_~~d~n_g <br />____________________uu_uu____uun_u______________ DOLLARS ($ 27.000.00 I. <br />excJullve of InteIMtand of Ihe protectlveadv.ncH authorized hentl" or In the loan agreement(a); provided, further, thai THIS PARAGRAPH <br />SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVAtJCES IN ANY AMOUNT AT ANY TIME, <br />WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS A80VE HAS BEEN AOVANCEO. <br /> <br />-~====-,,,.,- ------------------- <br />