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ACKNOWLEDGEMENT OF DEED OF TRUST <br />�7�:- 87- 143664 <br />111QDewife Trust era) d"stibUli that ydQa{rm�)that the Borrowers are about to execute is a Deed of Trust and rat a mongfegaand that the power of aafa proyjdaQ <br />Dead fain NN Deb OI Trust proYldea eubatantiaNy different right and obligations to the Borrowers than a mortgage In the ewent of a detsuft of preach Ot obllgatFOn under lees <br />PI Trust including- but not t ow wWrmH Mall In* knowl dg the Lender's right a bay@ the Real PrraWY bid boy the Trusts without any judicial proceed breac c lOroelost do Borrowers <br />nowia0gemem was executed by them before the execution of the Dead of Trust. Ing <br />� lower C Actor C. Faz <br />n - " x <br />Borrower (.7a F. Faz ) <br />PREFACE TO DEED OF TRUST <br />COMPLETE Oft P*dlm ONLY N the rest properly described ct" 1 Of INDIVIDUALLY OWNED AGRICULTURAL LAND. <br />N+PPMasNe. b'"Wes ONLY ONE O Mir A, B. of C: <br />❑ A. DNICLAIMER OF RIGHT TO DESIGNATE NO#M TEAD: <br />The BOrrowe M acknowledge that they are about to oxeeute the following Deed of Trust upon the real estate described therein. The Borrower(,), and each of them if <br />more than One, do hsreby disclaim that, right to designate a homastetl pursuant thereto No part of the homestead of either of th0 BOrrower(5) is presently Or will In the <br />remains uture be situated upon a lio real estate. The BorrOwer(s) understand that if snher establishes a homestead on any part of 3110 real estate during the time the Deed of Trust <br />"id of Thfied andaIron upon "I' the <br />shall ben. right to make a designation of homestead in the event 01a foreclosure Or trustee's sale with respect said thee OI Trust <br />❑ B WAIVER OF MIGHT TO DESIGNATE HOMESTEAD: to <br />The BOrrosrer(si acknowledge that they are about to execute the following Deed of Trust upon the real estate deson <br />more than ore, do hereby wsfve their fight to designate a homestead pursuant thereto. The Borrowers) understand that they have the right to make a designation Of <br />homestead and mat byexecutfng this waiver. they are waiving rights Otherwise available for the purpose of affording them the Op or The Borrower(s). etaint sir ho each homestead <br />event Ot A default upon the Deed of Trust. 9 Opportunity to retain Chair homestead in the <br />❑ C. 0MC NAT101a OF HOMESTEAD: <br />Pursuant to the Farm HOmestead Protection Act (Section 76 -1901 at sap Revised Statutes of the State of Nebraska), the Borrower(al, do hereby designate the real <br />Property dsacnbed In the "Designation of Homestead attached hereto and Incorporated herein by this reference <br />Borrower <br />- --- Borrower <br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION <br />THIS DEED OF TRUST s mace as file ills l ] d.iy file <br />Hu9band a June 19 8.] by and among the Truster, H$.L't•e'tr �, Tea <br />i_J_ane P. Faz,f nd Wife <br />N8 68803 wno,e inaihng address is P . O. Box 1 <br />tae BpfrnwertrhaTrnaten William G. Blackburn, Attorney?, Wood River_ <br />arhoae mlagtlrg aggress is P.•O BOX 2280, Grand <br />Island, NE 68802 <br />- -- - - - -- <br />andtfeeenerrcia.y. - Five Points Bank - - - -- - <br />-- - - - - -- - __._ (herein "Trustee "). <br />whosemaiungaddresso, P-0. _Box. 1507, -Gran$ -- - - -' <br />Zsland, NE 68802 <br />FOR VALUABLE C Raitpry. ,natuq,Rg Ind ingebtedness idenuhad heroin antl bust herl:n created the receipt of wnicn cs hereby acknowtltlged, Borrower <br />Ower <br />,eirms prawOCebfy grants trans tranSre's. conveys ant assigns to Trustee INTRUST WITH POWER on"n forme th n'ec and 5ecunly Of Lender. under led sir dorm er <br />tefma and COrtdihOna herlmaher set tprtn, the real property. neSLfibeO as Iplipw, <br />The South Half Of Lots Seven (7) Eight (8) Nine (9) in Block Twelve <br />(12) in Brett and Johnson's Addition to the village of Wood River, <br />Hall County, Nebraska <br />Together with an bWldlrlgg, rmprOvaments, fixtures. street, . alleys, ptssageway9 easements. ngn[s. privileges and appurtenance. P'r'l'^0ng ihaekr. ®rid the rants. ' =sues and Profits reversions and remainders thereof fig. but not umrted ge and and cooling eg located th and such personal <br />propertymar is g hearing and ling equaled thereon of in Personal <br />arlaCn ®dto fna lmprovsmamssOasioconatn uteah.ture anti together w.thfhehomesreador martial s nleresis d»ny wh�cn interests are narrby released <br />Arai ltyfiAed. ell of whicn..ncludrng raplacemantaand atld,tion9 therelO, is hereby declared to be a par I of me real e5lale secured by the lien of this .red of Truer end all of the <br />ttARg rsderrb 10 herein as the "Property.. <br />T'tBS Owed of Trust shaft secure (al 1,6 <br />at Payment dle Of to Principal sum and interest evidenced by Borrower's note andiof credit agreement dated _ <br />- �- .-- ..-_--_ . <br />having • maturity data bt . __ 6..'177 -92 <br />in the original principal amount of S.! a99. %$ - - --- - - --- ._ <br />®rid re+teIII, theregf Of tharOa and any and ad future advances and readvancea hereuntlar pursuant to one or more promissory noes or and all <br />Mfomcherai <br />III, Of <br />Paym"l 01 other sums a0vanced by Lender to ... and any and all <br />arA ram rrotnin aruf fO) 131 rn and Obligations of Bonnwer to Lendrorwheth r;'ec; nriiOh ec abaotu Mao econting»nl and wnainers on fig re nett <br />overdraft or OOern'reo <br />'d Ha security Of m+s Dead of Trust. covenants and agrees with Lender as fetlowx <br />Dead t' FrYfftetslMlfMlstpalasspMNMML �rraws +Noah promptly <br />ei If Pr P y Pay when due the Pfmc1 Ol and interest on, and any fees or charges provided is the Note or,n this <br />II11 � 2,.. _ Tttlla, a roadwrar of me Pr <br />pia may PA IM Form, has the fight and autho,rfy to convey the Pfopefty, and warrants that the hen crealed hereby la a hr at and Prmr hen on <br />a drab herein, sera the e.ecurion and deliver of this Deed of Trust does not violate any Conhacl or Other obhgabOn to wNCh <br />3 • 7tlea, AMBOUWA$ft To pay wren, due at$ taxes. <br />axerEf as reay suHU.tmet Fm 'at is and all other char <br />the Lender td Sea against the Properly eco. upon wnitan demand by Lander, to pay to <br />a.. hNef�. TO kawp Pby file taaes. Included i t or other charg@a as they become Aue <br />a" a s m to Land" q ed to" Pay OS rn10 the w.tnin lea term a.rsndld covaragl... arse sucn other n »z »rile as L »rtdan may <br />p L.. may Acceptable n anataf av meeWinn OlapiIyi ti the LetMer an case of illab Under v"T p0 es. Shah other ,s authoritad to »dma <br />y ri-O.+,.)to it*"INICwe, l0 its u"d for me repa?fU ,ost.,ffhonr Ol'th Pro a cepror:in,afii n.an,P"'+btedness secur»A narebyand !n su:n <br />�kiin of""�Yale;(, Of Trµal for dye RUa PWfy or f. :ienr I, olhwrF p &.n Is aetleah no, tGryto Linder <br />Sk' ma dxra a affr8runl secured beret =Y - :Alois aix;h <br />nY M8 str ?a9 /f trze Note. - c.< any default lr>eeur, rr hyar r.:aak n1aLe Any npp: far r I p „x'.M 11 It` inmm�fpdnngs 1117 <br />tw61ttaMalr tsgaWr ale rat Co. Bc,ri e ! .der <br />¢a�. sA'iy`2R, '^SY �1 qh. 0”, "au 00" the p leer P <br />Any 0- ahaa not U.18 _t 0, pemm� any malts .Rn Y 4i Y' )nt8 ho£ A 1 eta. 5 i' l: pi Fy <br />' :fraa trait "�TtFO*r mat aeef}af isi a.le' a! )• Ilh'prp{.w 1 fh II � <br />' �?.('aR�aBaa1 t<SwMra£t4gl afn$aa Par mot any AC; it, lna a', "e She F+.G`e IY y ,lahi•r!c� A ;la 1'alf,• <br />trans' as fieni, pr ^ - <br />... M..V'r9t!an,.aa An.. :fsas ras @'e f ;g,.ae.l uo^ "¢ , <br />r�! d 1 <br />