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<br />I
<br />RE.RECOROED
<br />88-104890
<br />ACKNOWLEDGEMENT OF DEED OF TRUST
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<br />88- 104810
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<br />IIOfUI:O.... llUO nttl .apORt: IIQNINQ:
<br />Borrowers(Tru.lor1) underallnd Ihlt'hldocumlnl 'hallh.Sarrower..tI' aboulia ...cull la. Deed 01 Trull Ind noli mor1glglllnd Ihll thepew,rol..l. JHo'Jld.d
<br />101" In lhe DMdol Trull provkJn lubltlnUllI,.dtll.,.nl righl. Ind obUgatlonllO Ihll BOfrowe~ than a maragllgeln thllltY8nl ala deflult or bf1lach 0' obligation under ttla
<br />DItd orTrull.lncludlna. bul nolllmlled to,lh. Linder'. rlghlla hlvllhe RIll Property lold by thlt Trull!1 wllhout Inv JudIcial proceeding or foreclosure Borrow.rs
<br />......nt net warrant 'hllthll acllOowlldglment w.. ..eculld by them before the e.ecullon 01 Ihe Deed 0' TrUll.
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<br />PREFACE TO OEED OF TRUST
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<br />COIIPLETE 'hi. portion ONLY II ttM rnI prope", dtlCribed cO"II.l. of INDIVIDUAllY OWNED AGRICULTURAL LAND.
<br />n .ppla", comp.... ONL'f ONE Ilth.r A. 8. or C;
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<br />Cl A DISCLAIMER OF RIGHT TO OESICNATE HOMesTEAD:
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<br />Th. Barra_rll,acknawlitdge IhallhllY are aCaulla elt8Cule1hlllollawlng Deed 01 T fusl upon It;a teal estale descn~ed 1hereln The Borrower(s), and each ollhem II
<br />mar.th.n aMi. do herllbV dlscl,lm their nght Ie designate a homestead pursuanttherelo No part or the homestead 01 ellher 01 tho Borrowerlalla prasenllv erwill In the
<br />lutul1l bII.ilu.l~ upon said real MlatB The Borrowl!lr(s) understand IhallfelthercslabhShC$ a homeslead on any pari of saId real estate during the time the Deed a'Trust
<br />rem.tnl unlllillied Ind . lien upon s"d rellestale. there shall bo no Hghl to make a dO'lgnallon 01 homeslead tn lheevent 01 a foreclosure or trustee's aale with respect to
<br />said Deed 01 Trust
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<br />o B WAIYEA OF RIGHT TO DESIGNATE HOMESTEAD:
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<br />Tho Bo"ower(s) aeknowledge Ihat1hllY are aboullol!ultt;ule Ihe 101l0Wlng Def+d 01 T fusl upon the rD1I1 estat!! descnbed Iherem The Borrower(s), and eaeh 01 them II
<br />mal1!il,th.n one, do hereby wallfelhelr nght to deSignate a nomOllllod pUfSllonllher~Io Thr BOffOW.,'ls} ut\derslat\d Ihalltloy have Ihe rlgh110 make 8 designation 01
<br />homelleadanath.1 byeltecullng Ihlswalver.lhey Ire waiving nghlll ottlfH.....lse llvAllallle 101 thu pUlpORe 01 AIlofd'"g them IheopportuMlly lorelaln thelrhomesleBd In Ihe
<br />event 01.. del.ult upon the Deed ot Trust
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<br />o C DESIONAnON OF HOMESTEAD;
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<br />Puraulnt to Ihe FJlrm Homeslead Prol~ctlon Act l5ocllOtl 16-1901 01 SUQ Rl!vlwl1 Stalulos olltll1 Slalo 01 Nebfaskal ttlo Borrowerlsl, do hereby designale the real
<br />property descllbed In Il'le "DeSlgnallon 01 Homestead' allilCtll'l1 herolO atl!'J mcorpornlfld ho'mn Il\, 1tI1t; felpfene" .
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<br />Borrowor
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<br />Borrowe,
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<br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION Lawrence N. Essink
<br />his THIS OeED Of TRUST '~m.dl1 ns 01 It'ltl31 Stdlty 01 Au'\,u.st . 19 88_ by .It\d among Iho f'uslo. anc:L.Li.n.dLC.-..E.ssink,
<br />, wife. _lmd Ke.llne.th C.. Enlnk.iIIJd Marjorie L,. Essin.ll",..'~",::rJ!~d'''''' 1.'a5u,Ci~m.Av.tL..-CiJ:lllliLlsJand.
<br />~!;- .6.8.B.03-6.52J; '""'0080"0*'" 'h.r.".h~ Arend R. Baack. a m~mberQftl1e, N~..s1i!je.Jl.llLAJim~
<br />wholem.lllngJlddmllIS P..O. Box _,790. .Grand Island, NE 68B02-0790 Il'loreln"Trusleo"'I,
<br />Jlnd Ihe BetlellClIUy Essink_ _ Brothers_ _Dry-1YB.lJ.. . JnC. _.__._~___."
<br />*ho..~'hn.......". 398.1 Reu.tillB..Road., GraruLlsJand. NE 68803-5,045 '_, ,""..n<<L_nd_...
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<br />"OR VALUABLE CONSIDERATION It\cluchng Ihe ,ndt!Olltdness Idelillllt1d hl~I..1tl ,'tnd Ilu't t'I~,."n Cll~allld IheIQc."pl 01 wlm:;h t5 hllroby lIcknowledged, Borrower
<br />I'wtletly Irr''''OCJIbly glanls lllln~I."s (on,.t!\,s and "1I5'9n510 T"'Sh,'e IN TRUST WITH POWER OF SALE lor lht! benelll anilsol;uflly 01 Landor, undor and :tub]eCllo Ihe
<br />terml Inet COndlllOnS helemlllUH 511110lltl Ihe leal p'oper'y descflhed II' loUow~
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<br />Lots Four (II) and Five (51. Mehring & Giesenhagen Second Subdivision. a Replat of Lot Two
<br />(21. in Mehring and Giesenhagen Subdivision to the City of Grand Island. Hall County, Nebraska.
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<br />TagaUler wltn III tll.1l1drngl. lmprOwtlmenl., II_lures. streels, lI11el's. pass.agewllYS l;'aSl'menlS IIgtlls pfIVlleges nntl aPPI.."IOnllnCeS 10tilllld lhelllon Of m anywlSIl
<br />pertaining '....,ele. and the I1Inls, 15S~ Ind prol11S. revelSlons and romAlnders lnereol. '"tludmg bul nOI Iomllll0 10, healing IIntl coohng eQulpmonl olnd such parsom,1
<br />property Ihat ilaUached 10 IhelmprovemM1llla a. 10 conS111ute a II_lure. <lnd logettler Wllh Ihe homeslead 01 marllallnlereSls, II any , Whll;h lnleHlsls arB heleby released
<br />Jlnd wJllVltd.all Olwhlch. lnc:luCllng '8pllcemenUand IIddlhons Ihereto. '5 herl!by declllred 10 be a pafl ollhe real eslale 'eculed by Inti hen 01 ItlI5 Deod 01 TruSI and all 0111'10
<br />IOtevomg bom9 r~le'red 10 herem .s the ~properly
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<br />Thil Deed 01 Trusl shall leCu,e (allhe plymenl 01 the pllnClpal sum and mtelesl eWldenced by Borrower 5 nole and lor c,ed,lllgreemot\I dated A.ug.usl~3J ,
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<br />- 1988 _ , h.irlng.. malufltv dale of _Sep1emhe.r......l......._19.9B In the o'lglnal pllnClpalllmounl 01 5 12.1......000.....0.0.. __ IInd any ftnd alt
<br />mo(hhatlQns. ...tanIUOII' ItleI renewAlllhereol 01 tnereloat\d IInlf and aU lulure aavanClls and readvllnces her"under pursua", loone or mOlu pr.JmlSlory notos or Cledll
<br />IgrHmanls (MrIIln Clllitd~Nol~~I,lb) lhe payment 01 oltler ~uma IdvJlnc.ed blf Lotlderlo proleclltll~sectmly ollha NOle.lcltl'le pellOfmance.111 covenanls and agreement
<br />01 Borrowersellonh he,..m, and ld) alllndeblednenand oblll;atlons 01 Borrower 10 lender whelher dltect IOdlreel, absolule 01 conhogenl and whelhef arising by nolo
<br />gUllranl,. QNfdtJlII Of OU.'WI"
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<br />BanDWe1.lo protKlll'li secunty 01 thIS Deed 01 TfUS!, CDvenlnlS and agrees WlltlLendl" 115 101lDWlI
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<br />1 ~ofPrtndpal..al"'''''''Leono'lW1!rr Shall plompU, palf wtlen Ouel"e pllnclpal 01 and Inlelest 00 at\d any leoso' (hargllsplovlded 10 the Nolltolln Itlls
<br />DwoolT'.....
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<br />2 ~.Borto..ri.the'o.nerollhePropertlf. hasthttllghl and .ulhOrlly loconwey Ihlll Property and "'Inanlt; lhal the hcon trellled tlc'eby Isn Ilf10latld puo, lion on
<br />lhe Pl'OJllJln"..lI.~tJlI m.ay OtNrwl" be salforth hlll.m, Ind Ihoelecuhon anCl deh,.lIfY ollh,. Deed Of Trusl does nol viol litO IIny (Olllflltl 01 olhtl' ObllgiUlot\ 10 which
<br />8ot'Igwep II !k.lbJ'.C1
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<br />] T.....~... To p.y ..hln due all talltS. .pet:l.Il.l"enmetlfSJlnd all olhUI chafges agam51 Ihe PrDpmly lIt\d upon ...""t!" Deml1nd hy l..t\dt" to plly to
<br />lAnlkr lYeh ~I.s may M wfh("~1 to .nlble IhIlLenct.r 10 poly such lales, ..sessmenll, or Diner chlrges a! tnl'V become due
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<br />,. ---.. To....p thll Property Inlulll(lJlgarnstelJlmage by hfll, hUlfdS InclutJe.d Wllh,n the tl!lrm 'e.lendll'd cO\<Olagl! and .Uetl (lUll" hllllll(l',!II lendel Illllr
<br />reqUire, In amountl and .rtl'l comp.nlnaCCaplJlblllllO lel1daf, and ..llh lOll p,lrablttto tha LandOf It'! case ot Ion under IUCh pOllt'...s Ihp l'!flD'" "lIuIllI"'Il'" to 111.1....'
<br />,otl<<1J1nd compron"., allc.IJllmSI"'~nd'" and"'lI11 h..e Ihe OPIlO" ot apply'ng aU 01 pI.1 01 Ihe Inlu,anCIII P'Oteed, (II to at\\' '"O.,hhH"WS, In, ",.." ll.....1J1 ..",I In lOll t>
<br />otdatJl. LMnder ma,detafm,,,., lu) 10 I~ BOIIO",'IO I~ uhd 10' Ih. IOplif Oll'lllol.hon O' Iht! P10rM"'ir O' 1"'1 lor Iny oll'>er PUfDUII'I O' "hI.... I ~,",~IIILI"'r lu ll"ltl'"
<br />~ IIftactl1"lljJ me I~ Ofth" o..uol Trust IOl'lfWt full.mount NCUIf!'d herablf D4Ilore lue" pllyml'nl eye' look pllCe An., appllcllhoJl n' 1"",'....". I,) ""l..l'r"'l"..~~ .,,."
<br />noI..\eni:I or PDSIPO'W lilt< d~ d.ll. 01 .nlf P*rrnent. uond'ilIT I"'" NO'., or cur" an" Cle!liullthllIWu"CS!!. I'll nl'lIlhJndel
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<br />, ........-....,...,...... C~.... lawI. oOHO"".' Ihall kMp 11'1. P'OPllrt, ," CO<1l-' cO"dlloon """ ,ep.." ''';1'' 1"""""'. "'1',1' '"I''~''' "'"
<br />oMpfo.-.ment_"'d1 ma, bed.nwOf!(l t'f""t~. "'1" not commit 01 perUI'll' In, "lIltll 0' CSlle"p..hn" Ollhtr P'op...rr """11 nUl '''''',hl' ,.."", ." ", ',,1"',"'1'01'" .Ill..,
<br />1",01 ""'."""'~"...nlI0ntTtl"P-toperly 1".lInol com,"lt IUtr.,or PIt,m,'.n)' .;ClIo be Clone II' 01 upOt\ lhe P'ope"" ,.. o.Olnllo" "~I .". '..... ," , ".I,,'.., 'I"l,,'"'''' ...1
<br />Il'\aqPJIJ'anoptr~(I, CllKhal""al no"~r Ico.landa.tlen.. alll..n,..IIC.umb'.nt.lcnd Chlt.g". tco.,~ ,m"us..d fl' ~'''''''n''''<1.t'''I' '"'' 1''''1''''', "'0 P." "',.,,,,,'
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