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ACKNOWLEDGEMENT OF DEED OF TRUST
<br />WIMOWVM READ T"I$ BEFORE 11140111101111
<br />6'i-----100429
<br />So"oviens ((Trusta it utV!®ratand mat the QOOa °mer1t that the Borrowers are at}DUl 10 ek ac .,a, is a i fe«d of Trust and hall a mortgage and that Me power of sale
<br />provided for m the Deed of Trust prdvfAta. tnfteril rights and obligations to the $ox,-vwrs than a mortgage to tee event 01 a default or breach of obligation
<br />under 1M Deed of TrtNCl. mc}uding, but Trot fimrted to the Lender's right td raar tre Real P =opW:v SOkf ov The Trustee without any judicial proceeding or forecloses.
<br />Berle wars represent and warrant that this ack.nowledgemeM was executed by Meth before P!N a fr. UTio . 01 the Deed Of T�rusl
<br />nowe
<br />Borrower
<br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION
<br />THIS DEEC OF TRUST, s made as of the .f.s_ gay of _ � .g._ , 19 ; .�._. , by and among the Trustoc. '" - - "n s k yr
<br />3.n•-? *q,�; y� F L 4 Hi—band - .- nsk�r, Hlhand i„ Wi fl- --. whose marling address Is %'? ? N_ r=rTr.an F +'.r r; rl T _ ,_NE
<br />therein "Borrower"). the Trustee. __________ W=' ? - G. Rlar-khi—r., A.Tf :err N•_r _
<br />1xt}ofe itMiling MdresS is a_..v�KO �!'-� laL3 ?1C iS? 3T;d, N 68602 (herein "Trustee"), and the Beneficiary.
<br />Po` r1t S Bank , whose mail, adores is _per � : �n't _ 5'J7 _ ; mod 'r 01. d, Iv L•
<br />- - -- g - -- _ therein 'Lender''
<br />FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and trust herein created_ the receipt of which is hereby acknowledged. Borrower
<br />hereby rrrevocably grants, transfers conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit sad security of Lender, under and subject to the
<br />terms and conditions hereinafter set lorlh the real property. described in Exhibit A attached hereto and incorporated herein by this reference'
<br />Together with all buildings. improvements, fixtures, streets, alleys, passageways, easements. rights, privileges and appurtenances located thereon or in anywise
<br />pertaining thereto, and the rents. issues and profits. reversions and remainders thereof, including, but not Ilmited to luting and cooling equipment and such personal
<br />property that is attached to the improvements so as to constrtute a fixture: and together with the homestead or marital interests, it any, which interests are hereby refeased
<br />and waived: all of which, including replacements and additions thereto, is hereby declared to be a pan of the real estate secured by the lien of this Deed of Trust and all Of the
<br />foregoing being referred to herein as me °property *SeE ��`_3�hIDc, ^.t ,:` Xi
<br />at -, fay
<br />This Deed of Trust shall secure (a) the payment of the principal sum and irteresl evidenced by Borrower's ii@ated ltd - -
<br />Having a tnaliarty dale of _ . in the original principal amount of S1xy2t�5C J and any and all modifications, extensions and
<br />renewals thereof orthereto and any and all future advances and readvances hereunder pursuant to one or more promissory notes ;herein called "Note' ): @b) the payment of
<br />other sums advanced by Lender to protect the security Of this Deed of Trust, with interest thereon as provided in the Note: and to) the performance of all covenantsand
<br />agreement of Borrower set forth herein.
<br />Borrovii to protect the security of this Deed Of Trust, covenants and agrees with Lender as follows
<br />1. Payment of #ril and {nteraal. Borrower shall promptly pay when due the principal of and interest on. and any fees or charges provided m. the Note or in this
<br />Deed at Trust.
<br />2. Me. Borrower is the owner of the Property, ties the right and authority to convey the Property. and warrants that the lien created hereby is a first and prior lien on
<br />the Property, except as may otherwise be set forth on Exhibit A hereto. and the execution and delivery of this Deed of Trust does not violate any contract or other obligation
<br />to which Borrower is subject.
<br />3. Tense. Aseassameb• To pay when due all taxes, special assessments and all other charges against the Property and, upon written demand by Lender. to pay to
<br />Lender Scott amount as may be sufficient to enable the Lender to pay such taxes. assessments or other charges as they become due.
<br />4. ho rani To keep the Property insured against damage by fire, hazards included within the term "extended coverage', and such other hazards as Lender may
<br />require, in amounts any with companies acceptable to Lender, and with loss payable 10 the Lender. In case of loss under such policies, the Lender is authorized to adjust.
<br />'oleo and compromise, all claims thereunder and shall have the option of applying all or part of the i risers nce proceeds i p lo a ny indebtedness secured hereby and in such
<br />order as Lender may determine, (ii) to the Borrower to be used for the repair or restoration of the Property or (tit) lot any other purpose or object satisfactory to Lender
<br />without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment ever took place. Any application of proceeds to indebtedness shall
<br />not extend or postpone the due date Of any payments under the Note, or cure any default thereunder or hereunder
<br />5. MairgeflMde Repairs and C~enee with Laws. Borrower shall keep the Property in good condition and repar . shall promptly repair, or replace any
<br />improvement which may be damaged or destrcyed: shall not commit or permit ary waste or deterioration or the Property, shall not remove, demolish or substantially alter
<br />any of the improvements On the Property: shall not commit. suffer or permit any act to be done in pr Upon the Properly in violation of any law. ordinance. or regulation. and
<br />shall pay and promptly discharge at Borrower s cost and expense at$ liens, encumbrances and charges levied.:mposed or assessed against the Property Or any part thereof.
<br />6. Eadneed Denial Lender is hereby assioned all compensation, awards. damages and other payments or relief (hereinafter "Proceeds') in connection with
<br />condemnation or other taking of the Property or pan the' -lot Orfor conveyance in lieu of condemnation Len der shall be entitled at its Option to commence. appear in and
<br />prosecute in its own name any action or proceedings. and shall also be entitled to make any compromise or settlement in connection with such taking or damage. In the
<br />event any portion of the Property is so taken or damaged. Lender shall have the option, in its sole and absolute discretion, to apply all such Proceeds. after oeduchno
<br />therefrom all costs and expenses incurred by it in connection with such proceeds, upon any indebtedness secured hereby and in such order as Lender may determine, or to
<br />apply all such Proceeds. after such deductions, to the restoration of the Property upon such conditions as Lentler may determine. Any application of Proceeds to
<br />indebtedress shall not extend or postpone the due date of any payments under the Note, or cure any default thereunder or hereunder
<br />7. Peellan al by Llfder.Inthe event of Borrower sfailute to parlor many of the covenenls herein or make any payments required hereby. or it anyactis taken Or
<br />legal proceeding commenced which materially ahecis Lender a interest in the Property. Lender may in its own discretion. but W dh Out obligation to do so, and without notice
<br />to or demand upon$ofroMNtf and without releasing Borrower from any obi i gdtion do anv act whict. the Borrowerhas agreed but fails to do and may also de any otheract it
<br />deems necesrsary t0 protect the security hereof Borrower shall. immediately upon demand therefor by Lender. pay to Lender all costs and expenses incurred and sums
<br />expended by Lender in connection with theexercilse by Lender of the f oregorno rights, together with interest thereon all ,he rate provided in the Note. which snail be added to
<br />the Indebtedness secured hereby. Lender shall not incur any personal liability because of anything ;t may no or omit 10 Co here Under
<br />8. EveMS of De4xIfL The following shall constitute an event of default under this Deed of Trust
<br />fa) Failure to pay a nyinslall ment of print; pal 0i interest U! an y other su m secu red hereb y when due, or tail ureto pay when O us ary other indebtedness or
<br />Borrower to Lender.
<br />(bl A breach of 0' default under any provision c^.nld,ed in the Note. :his Deed of Trust, any document which secures the Note, and any other
<br />encumbrance upon the Property.
<br />(c) Awrit of execution or attachment or an v s m1 tar pr ocess sna a be entered agar nsl Bor rower win cn she it become a i;en on the Property m any portion
<br />thereof or interest lherem.
<br />(d) There shall be filed by or against Borrower an action under any present or future federal, state or other statute . law or regulation relaiinc i
<br />bankruptcy. insolvency or other relief for debtors. or there shall be appointed any trustee, receiver or ou,dalof of Borrower or of all or anv oar! of the Property of
<br />the rents. Issues or profits thereof. or Borrower snail make anv assignment !or the benefit Of creditors
<br />(ei The sale. transfer assignment, conveyance or furrner .-nc,mbr ,ce of as o any part ,I c. any iwe,asi n the r'•o[>e. ^. y. eaher v l,ntarriy or
<br />:nwoluntanl y, Without the express Written Cpnsenl U• Lender
<br />1f) If Borrower fs not an individual, the sale. transfer- assignment. conveyance or encumbrance of more than __.____ percent of (it a corporation) its
<br />liaised and outstanding stock Or tit a partnership) __. —_..__ percent of pannersnip interests
<br />9_ fleOre41110a; ACCeleradMl goon 0010M. In the event of any Event of Default Lender may declare ail inde0led ness secured hereby to be Cue and payable and the
<br />same shall thereupon become due and payable without any presentment. demand, protest or notice of anv kind Thereafter Lender may
<br />la) Demand that Trustee exercise t is POWER OF S AL E grained herein .anOTrusleefrail thereafter Cause Borrower's interest, the Propenv to be, sold
<br />and the proceeds to be dratnbuted. alt in the manner prpvrded in. the Nebraska Trusl LieedS Ac'
<br />;b) Either in person or by agent. with gr without bringing any ac o_ - . see r ^y a .e'., er appG r led by a teen no without regarC b nip
<br />adequil of its security. enter upon and take possession of me Property any partite e0 rname -,r.n the name or the Trustee. ane do any acts witch
<br />d deems necessary Dr de,,irable to preserve line a ue marks eb v ^r a tap!I Iv of the P t Q 1 [ a i ere 'f interest trafti inc ,ease, fore co ie
<br />L tMrofrom or protectthe Seeunty Mrecf and.wrth wdnout taw.. gDUSSess. u•!nePC e mar yp li -I the rots. tssue a rift ee.f.
<br />irSCiUdmg those past due and unpaid, a:nd apply -.he Sari less c05.s and 2apenses U! gpe al ^ and G _ it: �OrnG eMOrney s' lees..,[ pit env indeL. _vnesS
<br />seturod hereby. alt in such Order as Lentler may deters ins 'rte enter�.ng _iodn anC tak:nc , nsscss -�n vt tree P. openly ;rte echon o! such rents. .,s ano
<br />Profits and the applfcat ", thereof as ater."'C S *Oil not c.irpo mr',v oetault Gr nOtiCp Ut getaui !nereunde o invel.0ae ';tune rn resp:inae t.`SU : :h
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