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87- 103271
<br />ACKNOWLEDGEMENT OF DEED OF TRUST
<br />ticatlsYya� AeAD TINS DnE tiwN.mG:
<br />toss, thimm [Trustors) understand that thedocumerdthat the Borrowersa aabouttoexecute is a Deed of?rustand note mortgage and that the powerof safe provided
<br />farm the Pead of T: _at provides substantially different rights and obligations to the Borrowers than a mortgage in the event of a default or breach of obligation underthe
<br />Deed of Trust, including, but not t- ::sited to. the Lenders ttght to have the Red Property sold by the Trustee without any judicial proceeding or foreclosure. Bo"oem- rs
<br />repolutem and warrant that this acknowledgemem was executed by them before the execution�ot the used of Trust.
<br />(mark L. Keller) Borrower -
<br />- - - - (�'.(!JJ°/dttl!')ti A. Keller) Borrower
<br />PREFACE TO DEED OF TRUST
<br />COMPLETE raft portion ONLY If Ilia Fah pfeparly daaErlOW consists of INDIVIDUALLY OWNED AGRICULTURAL LAND.
<br />ti appNeabill coreplats ONLY ONE ~ A. S, a C: -
<br />❑ A DISCLAItM OF NtGNT TO DESHMATE NOMESTEAD:
<br />The Borrower(st WAnewledgethat they are about to execute thefouowuuj De-d of Trust upon the real estate described therein. The Borrower(s), and each of them if
<br />more then one, do hereby disclaim their right to designate a homestead pursuant thereto. No pan of the homestead of either of the Borrower(s) is presently or will in the
<br />futum be situand upon said realestate. The Bofrower(s) understand that d either establishes a homestead on any part of "fit real estate during the time the Deed of Trust
<br />remains unsatr wd and a lien upon said rest estate, there shah be no right to make a designation of homestead in the event of a foreclosure or trustee's sale with respect to
<br />said Deed of Trust -
<br />❑ 8. WAIVER OF Ritaw To DESIGNATE NONESTEAP. -
<br />TheBortowertst acknowledge tutu they areabour to execute the following Deed of Trust upon the real estate described therein -The Borrower(s). and each of them if
<br />more than om do hereby warm their fight to designate a homestead pursuant thereto The Bormwerts) understand that they have the right to make a designation of
<br />homestead and that byax g thes wecut!i aiver. they ere warvmg rrgnts otherwise avauaote for the purpose of affording them the opportunity to retain theirhomestead in the
<br />event of a default upon the Deed of Trust_
<br />❑ C. DESKMATION OF NOi1ESTEA0:
<br />Pursuant to the Farm. Momestaad Protection Act (Section 161901 at seq Revised Statutes of the State of Nebraska), the Borrower(s), do hereby designate the real
<br />Provenly described in the - DestgMbon of Homestead- attached hereto and incorporated berein by this reference,
<br />Borrower
<br />Borrower
<br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION
<br />THiS DEED OF TRUST, ,s made as of the 29- day of .- MdK.. _ -____ 193-!_ _.. , by and among the Trusior. Mark L. Keller
<br />and Jami_A. Keller,__Husband &- Wife_ whoaemaamgaddressis _2905 South Blaine, Grand Island,
<br />HE 68802 _there,. Borrower i the Trustee William G. Blackburn, Attorney
<br />iitose mailug address is _- _P.O.._Box 2280, Grand Island. NE 68802 -- --`---- ---- Inereirr'Trustee'1.
<br />- - -- -
<br />andtheeenercwry. _Five Points_Bank
<br />whose meting address m Grand Island, NE 68802 - - `Lender ").
<br />FOR VALUABLE CONSIDERATION,r:ctoo,rig ttte.r:dabtedness • denvh¢d herein and trust herein created me rece!ptol wh,cn,s hereby acknowledged. Borrower
<br />herebyirrevpcably9mrits. transfers - conveys and assigns ?a T,oste¢ iNTRUST trrlTHPOWEROF SALE !or the benefit and secontyof Lender, under and subject to the
<br />terms and condnfons hereinafter set forth. the real property described as ta!ows _
<br />Lot Three (3), in Block "D ", in Parkview Subdivision, in the City of Grand Island,
<br />Hall County, Nebraska
<br />Together with all buildings, improvements. h.tures streets, alleys. passageways Basemenm. rights . pnvdeges and appurtenances located thereon .,in any--
<br />Pertaining thereto. and tt. rents. Issues and Profits, reversons and remainders thereof, :nc!ud:ng- but not hm,ted to, heating and cooling equipment and such personal
<br />property tnit is aitaChed 40the tmptovements sa ds:G CGrisfiiuh?at,ztUr¢ dndfo9ethe, wdh t! to homesf¢dd Or,ndritdl,nere5t5 -if any wr,Chinlereshia,e hereby released
<br />and waived; all of which. Including replacements and additions thereto, is hereby declared to be a part of thereat estate secured by the lien of this Deed of Trust and all of the
<br />torego-ztg being referred to harem as the - properly -- - -
<br />This Deed of Trust shall secure tag the payment of the rus pa! sum and interest ev,der•.ced by Borrower s note antl %or credit agreement
<br />.. arking i matunt Y date o1 __. ——. agreem ent oated
<br />5129187 n the original pf,nc,pal antou,t of b 2tea C.50
<br />-_ tar": aly and all
<br />fedQdicilions. exteneiom and renewals thereof or therein and any and all future advances and readvances hereunder pursuant to one at more promissory rzotas or credo
<br />agseements therein called `140* 1- 1b)the payment W other surfs advaneed by tender to rumect the security of the Note. Ice the performance all covenants and agreement
<br />of Bbrreweram forth therein. and Id tali indebtedness and obligations of Borrowrw to Lender whether mrect- indirect- abso Wte or contingent and wn¢Iher arising by note,
<br />grnrsniy_ overdraft or otherwise
<br />Borrower_ to protect the security of this Deed W Trust, covenants and agrees with Lender as lot I—
<br />I payerMlM PtWoC al OW intsraat. Borrower shall pompily pay when due the pnnctrial of andrnterest on. and any fees or charges provided in. the Note or in this
<br />Deed of Trust
<br />-
<br />the Tti1RBOKbwenfsthe owner of the Property. has the right are authenty tb Convey!" Property and warrants that the hen Created hereoy,a a hmiand Prior lien on
<br />afe tsropany,exClpi N may otherwise fe sn torts here.n and the execution arid delivery, of this Deeo of Trust does not violate any connect or other obligation to wt-. :h
<br />Borrower a subject.
<br />a_ ,sass, Assawpownift, To pay wfien due alt taxes, specrat aysessrherts and all other charges against the Property and. Pon .,,lien demand by Lender top'.y o
<br />Lander filch amount as :nay tee sufficient to enable the Lender to Pay such taxes . asaeumen!s or other charges as they become due
<br />t, lrtst illiti a. To keep the Property,nWred agalt.,t damage by tire, naiasds included within the term - extended coverage' antl such other halards as W "e, may
<br />rwosfe.ln a!nouhta -aid With companies "C"tabie to Lender, and with loss Payabne tp the Lenoet In Case of loss under such policies, the Lender is authonted 10 adjust.
<br />Lda9CtYmdddrnprdnnia@. aftcreams thereunder, andatka!I have the9Vt.. Ot apruying au Or Dart of ereinsu PC. proceeds h) 10 any inbCbtEdnEas secured herebyandai u, '+
<br />oroaras Lender may dalerm"ie. (n) to the borrower !o be used for the rapist,- 'satb•ahon of the Property or i.,,: for any Uther purpose or object aahsleclory to Lender
<br />wimput afMUmg OW Per, of this Deed of Trust !or Ina full amoom Wured hereby befc.s su,t payment eve, tb i, D!wLw Any app %•cAhon of P,Pc 1J1 !o,ndebledness shah!
<br />Pot extend M pdatptne the due da!eW Any tw—ntx Urtdan Inv Nbte, or r..ra dny cahl"! rh!rEUnner n heresn Jei
<br />i. IRabhtananaa- AtPSin and CasPtirtca watt Lsws. BenbwE, snali kMp the Prop"hi, •n gudn c Ana >,..,r: ar:o ,.pair
<br />''!osement which may b#dannsggd u tifelio vic Thati not £f ,,! rzr Dihma ere waste or d+deuGril K:r+ a! jhc hre'v -1y sr.. .. ta
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