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ACKNOWLEDGEMENT OF DEED OF TRUST 87-101226
<br />BORROWERS READ THIS BEFORE SIGNING:
<br />Borrowers (Truatore) understand that the document that the Borrowers are about to axecute,s a Deed of Trust and not a mortgage and that the powei of sate provides!
<br />for In the Dead of Trust Provides Substantiaity different rights and obligations to the Borrowers than a mortgage in the evert on of a default or breach Of Obligati under the
<br />r
<br />Deed of Trust, including• but of limited to, the Lerfderts right to have the Real Property sold by the Trustee without any judicial proceeding or foreclosure_ Bonowters
<br />represent and warrant that this acknowledgement "a executed by them before the execution of the Deed of Trust. - - -
<br />Borrower aniel L nnyj
<br />�Or_ Diane Yenny) 94 Burro
<br />PREFACE TO DEED OF TRUST
<br />COMPLETE ode pdraan ONLY ff the real property descrlbp eorrWte oI DDIYWUALLY OYYNEO AGRICULTURAL LAID.
<br />R appScablo. complete ONLY ONE *Rear A. fA or C: -
<br />❑ A_ DISCLAIMER OF RIGHT TO DESIGNATE HOMESTEAD: The BOnower(s) acknowledge that they are about to execute the following Deed of Trust upon the real estate described therein. The Borrower(s). and each of them d
<br />more than one, do hereby disco um their right to designate a homestead pursuant thereto No pan of the homestead of either of the BOrrower(s) Is prclently or win in the
<br />to The 80"Ower(s) understand that if eitherestabimiussa homestead on any part of said real estate during the brtR gte Deed ofTryst
<br />rarnaets uMabahad and a lien upon said real estate. there shall be no fight to make a dess9nahon of homestead in the event of a foreclosure or trustee's safewrith respectto
<br />said Deed of Trust
<br />❑ 8 WAIVER OF RIGHT TO DESIGNATE HOMESTEAD: -
<br />The 8or,p Is) actnowledge that they are about to execute the following Deed of Trost upon the reefestate described therein. The Borrower(s). and each of them4
<br />morE InAn ore. do hereby wane their noht to designale a homestead puisuam thereto The B •rowerls) understand that they have the right t0 make a dessgnalldrt of
<br />homestead and Mat byexecubrg this waver, they are waning rights otherwise available for the Purpose of affording them the opportunity to retain their hositiestead mthe
<br />event W a default upon the Deed of Trust.
<br />❑ C DESIGNATION OF HOMESTEAD:
<br />P,,lisuant to the Farm Homestead Protection Act tSecbon 76- 1901 et tied Revised Statutes of the State of Nebraska;. -the BOrrower(s). do hereby desigrrMe the sea!
<br />Property described in the "DeSughahOn of Homestead" attached hereto and incorporated herein- by Imes reference -
<br />Borrower
<br />Borrower
<br />DEED OF TRUST WITH
<br />} - FUTURE ADVANCES PROVISION
<br />THS DEED OF TRUST. is made as of =:e 3rdlay of . MaT ch___ `9 v �. by nd amo
<br />g the Trustor. Dan1 I Y Enny
<br />- aad_Yi, Mini Diane_ enay,_ husband F_ wife - add -ess r5 -31-EL-Fast Jlt;I3 Barons! Island_
<br />NE 68802 inerern Bonowe. , the Trust— Five Points Bank, Grand Island._ Nebraska
<br />- -- ---- - -- - --
<br />whose maa,ng address is -P_0_ .BOX .1501,_-Grand _Island, -_.NE_ . 6ANX -rrugteE`i-
<br />andrneaenefic,ary.-- Fjve_ Points -Bank, Grand Islands
<br />whoge+na.ling aco ess is _P.Q.- BS)1C _ -1507, Grand island. N E- - 6BM- _. - ilierefn ;ender -I
<br />FOR VALUABLE CONSIDERATION. rntiW rig ,ride. L:��PSS,dert a -•e. -. . -usi +,err a+od -e ace,G *o'.wr.,ct+is hereby aciirdw+eogei Bdrroaer
<br />heresy frri XAbty grants. transfers. conveys and ass q -
<br />s to T+ s s, IN TRUST 1 11, ROVER OF SA c r, tree belie t and sei,, ,ty of Lender ,ender and 5�� th
<br />ct to e
<br />terms v and conditions hereinafter set forth the real prar�ny 0a foes 35 fvl6 ;;ri5
<br />Lot Eight (8), in Block Eleven (11), in Bonnie Brae, an Addition to the City of Grand
<br />Island, Hail County, Nebraska.
<br />Together with Ali buildings improvements. fixtures sheets alieys passageways. easer.ents .,gnrs or,v:iepes and appurtenances ioc z :eel thereon or .n anyw.se
<br />Ix!naatmg 4irMetO -and the rents. issues and profits. reverS,Orts and reniaina @rg [hereof rnCl.,a'"9 Out r-Ot arm ted to heahno and coai,na edwoment and such perspnias
<br />Property "mail rS Sita;:tied to the Improvements sh as 10 conshtufe a f,.t.re. and togeM_ w M "m Ramesteaa 3v •-ants! ,ntere5f5, d any- wn,cn,nterests ere hereby released
<br />and warigbe iOt ;vne inetuarei repthe pmts Brio add <trOns ttleret0. +51vfrebv declared lO bea¢an of ilia Meat estate Securep by the lien of tnrs Deed of Trust andai?ot Mt
<br />toeegounq briny re;esrrx Sp herein as the property-
<br />This DBetl of Tfus4 shale secure Is) the payment of the principal sum and interest ewdenced by Borrower s more and'or credit agreement sated March 3
<br />no
<br />having a maturity pate of March ice_ 1492 m me arigrnat pnnapat amount of S 1
<br />2. «�0Q.�0____, and any am. alt
<br />wftn fits ( este.ts.dns
<br />and renewals thereof or theists and any oriel a?i future advances and madvances hereunder pursuant to one or more promissory notes or credit
<br />sN Br sae'e+ c+n" Nola i) ( all indebtedness Pay illness aria other msad anted by Lender to protectthe security of lire Note ?c +trip performance ail covenants and Agreement
<br />obligation. Borrower to Lender wtielner a+rect Ind *fen absokute or - �vrtmgPrtf aria wnetne +ar +s *:*q Cy n-� e
<br />guaranty, omdrah rx oVw,rwrisa - .
<br />B? in0wa( to Prolate the security of this Deed of Trust. covenants and agrees w th Lenae, as foicws
<br />1 o DOW fty
<br />aMdfatkrtlPai sad /nteeM.BOrrpwer8ha11 prOmpilY WYwhersdUe tte;+rriOiPal alana interest dn. anGanyfeesor energegprov ,ded,n the Nateor in meg
<br />Oa Tricot
<br />2 TISa•8orrarar fs the owner of the PraaertY_hesthe rgnl and authority tacanvey the Property. and warrants tna:the rien created nerebyrsafrrst arhf pndr lien a+
<br />tier Proparty.escept u they otharwras be set form heroin, and the execution aril delivery Of this Deed of Ttuit does not v.0iate any contract or Other opirgapOn to wnrc*
<br />BoftItYM h Willett
<br />v 3 Tate. AlaaaanBOW To my when dua all la.es EtMCial agoesgthents and all other charges against the Property and upon written demand by L ender to W V to
<br />�s '° ' �'r "` ^'•• "'°•^ ^' ^ "1A1O • 'Q _ ;jm ^+ vin ant:, is _ aaasaa -- v o me, c^.aryas as Tl -y tmx:.,e due
<br />! Rberanoa, To ft"P the Propany ,ntured spernst damage by tyre molds rnc?uded within the 1=rm e.tended coverage - and such nmPi nu.ares as Lender they
<br />rfrdtwra M 1anOMntt ate rrdh LompMres accepUbM t0 LoeQer- aria with;osg paya«,Ie to the Lander In saga of :ost under tills^ polities !fie Li. „per is 0u C1 as le adi usi
<br />roractandcd^ prwmsealc4rthalhereuMarAnd SmalihaYeing "llonof.ppNyrny oil or Part of them%. m_ rpr ticeeds1.rttoInr,nuatMdl-esssecu dne,Pnyano srci
<br />Ordwr tl Llndr.r may dNwfine.ra 4 +'k tO fns BO nrrwaf to be used for the repair or +ettotation of the Properly or ir,if for any .b?ei't 5a115faa 1.1y lO Lt 0a ,
<br />wirhoin &$)acting the kart of iaag Deed W Trust th, the I'M annum securoa hereby belnre such pavrnehl ever took pi- ii, A`v appricat.tiri u+ prnrePens ro .nnet:f W ness she,.
<br />rim astanO %ar t7aatP0'te ttw t/ua 4afe d any W Ymenit .indar iha Nafa rt : um any delaub SnPrparnder i;}r naraimdar
<br />S Wrhtewaaeo Repko ate CompManca s M Laws. Bri w sm.,? kaap ine P.opi ^.t
<br />:mPru.wrlHrt wrw.n iris MdawV r
<br />_ y dins or dattf4yatl s?*alt not epmm9 iN permll any w ■sls Or tletyr.Orafib 1 , e fl b etwr
<br />t•*� eta ai w ,m-�+sr+�a� ota irn> parry anah r+oi r _ - met kuttar ,ir pre a.aany ae-t to kr« don« r . upF,� rho Pi. , =_r.�.. ., era <,. s r p, ] •, r i t f - ,.
<br />c Qa of loon { {wqr si'.rHt ;ud ax W'" Ali i?rrnp - � Jln b,a .ar h.,
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<br />}as =P.w ., i'. _•-r -- Raci•54s,. x. i , •. '_ e-
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