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ACKNOWttEDQEMENT OF DEED OF TRUST 87-104016
<br />MAD "0 Bs"M it WCL
<br />iTruastsrs) WWOMIand that thsdissuff"I that this Borrowers are shout to execute is a lased of Trust and net s mortgage and" the power of sets proy(sled
<br />M Mkt Dead of Trust provides wubetantlaby different rights and abligattons to the Borrowers then a mortgage in the event of a defeuff or breach of 90W OA Walker the
<br />pf Trust, inckohng, but nail limited to, the Landor's right to haw this Real Properly sold by the Trustee without any judicial proceeding or foreclosure. Borrowers
<br />higishiggent and eMrfWM Meal this acknowlediferriont was ing"uhilt by them before the exec on of the Dead of Trust.
<br />(Gale E. Mettenbrink)BOnatwr
<br />(La Donna K. Mettenbri8vower
<br />PREFACE TO DEED OF TRUST
<br />COMM MW PorMOn ONLY M Ma MM drapery described Consists of INDIVIDUALLY OWNED AGRICULTURAL LANG,
<br />R ppNCaYM, CompleN ONLY ONE Misr A, s, or C:
<br />D A OF RIGHT TO DESIONATE HOMESTEAD:
<br />The Borroweftst acknowledge that they are about to execute the following Deed of T rust upon the real estate described Iberian. The Borrower(s). and each of them B
<br />Snare than ohs, do hereby disclaim thing, right to designate a homestead pursuant thereto. No part of the homestead of either of the Borrowerts) Is presently of will in the
<br />future be frillushad upon areal estate. The Borrower(s) understand that it either establishes a homestead on any part of said real estate during the time the Deed of Trust
<br />remains unisadished and a lien upon said real estate, there shall be no right to make a designation of homestead in the event of a foreclosure or trustee's sale with rMpectio
<br />said Deed of Trust
<br />❑ B WAWER oF nmff To omomATE HOMESTEAD:
<br />The 00"0mam(SIJICIIROWIedgethal they are about to execute the following Deed of Trust upon thereat estate described therem The Borrower(s), and each of them if
<br />mote taut one. do hereby wave their light to designate a homestead pursuant thereto The Borrower(s) understand that they have the right to make a designation of
<br />homestead and than by executing Bus waiver. they are waiving rights otherwise available for the purpose of affording them the opportunity to retain their homestead in the
<br />event of a default Capon the Deed of Trust.
<br />❑ c. oestagaIATWN OF Hommm:
<br />Pursuant to the Farm Homestead Prot.ecbon Act (Section )6.1901 at seq. Revised Statutes of the Slate of Nebraska). the Borrower(s). do hereby designate the real
<br />property described 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 is made as of the 20_ day a i P -0 y - - 19 8.7_ by and among the Twslor, _- _.Gale_ E_ Me.t t Qn-
<br />brink & LaDonna K. Mettenbrink, Husband & whose madmgaddress ls 535 E Cagital Ave., Grand Island,
<br />.__._ (herein Borrower I the Trustee - Wxlliam..G. BLdCk4prnr Attorney _ NE
<br />who" mailing address is _.___P.O Box_.2280- ,-_Grand_Island e_ -NE 68802 -2280 �nerain °Tr aeae't.
<br />_ -- —
<br />andiheaertBficiary. -,-,,----..Five Points Bank _
<br />whose trailing address is _ ....P. 0.._.Box. 1507._. Grand._.Islalnd,. NE. _68802 _ -. .__. (herein ' Lender•).
<br />FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and trust herem created, the feceipl of which is hereby acknowledged. Borrower
<br />hereby irrevocably grants, transfers . conveys and assigns to Trustee IN TRUST W IT H POWER OF SALE. tot the benefit and security of Lender, under and subject to the
<br />terms and conditions hereinafter Set forth. the real property. described as follows
<br />South 183.4' of North 366.81 Lot 23 and all of Lot 24, Geer Subdivision, Hall County, Nebraska
<br />and
<br />Lots Eight (8), Nine (9), Ten (10), Eleven (11), Twelve (12), Thirteen (13), Fourteen (14),
<br />Fifteen (15), Sixteen (16), Seventeen (17), Eighteen (18), Nineteen (19), in Lake Davis Acres
<br />Fourth Subdivision, Hall County, Nebraska and a tract of land cagxising a part of the South-
<br />east Quarter of the Northeast Quarter (SEMEI) and part of the Northeast Quarter of the South-
<br />east Quarter (NE }SE *) of Section Twenty Four (24), Township Eleven (11) North, Range Nine (9),
<br />West of the 6th P.M., in Hall County, Nebraska, particularly described as attached.
<br />Tog~ with, all buildings• rmptovementS, futures, stfeets. alleys, passageways. easements . rights privileges and appurtenances located thereon or in anywise
<br />and 1 e runts, issues and profits, reversions and remainders thereof, including. but not limited to heating and cooling equipment and such personal
<br />Property Wallis attached to the improvemanN so es to constitutes fixture; and together with the homestead or marital interests, it any, which interests are hereby released
<br />ar+d as Ot which. inckrding replacements andedditionslhereto. is hereby declared lobes part of the real estate secured by thehon of this Dead ofTrustandallot the
<br />foregg" b" referred to bargain as the "property".
<br />Thai Dead of Trost shelf secure (at the payment of the principal sum and interest evidenced by Borrowers note and•or cretin agreement dated
<br />having it maturity date Of __ -__1 1 / 7 jj�$7 . in the ongmal principal amount of 5 25tGQ4.�QQ -_ _ and any and all
<br />. _ • a and renewals thereof or thereto and any and all future advances and teadvanees hereunder pursuant to one at mote promissory notes Or credit
<br />firatinghn catiad'No" -1 fill the paymentof other sums advanced by Lender to protect the security of tie Note (c) the performance all covenants and agreement
<br />Of 1 11110"Patillitr Mi length herHn. and (d) all mdebtedness and obligations of Borrower to Lender whether direct indirect, absolute or contingent and whether arising by note.
<br />crivinglum at otherwise
<br />• to Protect Ha secardy of late Deed of Trusr covenants and agrees with Lender as follows
<br />t. PWIe1MMelpebaf�ataWAlat WOOL Borrower shat promptly Pay when due the principal of and interest on, and any fees at charges provided m. the Note orin Ibis
<br />of Tfud
<br />Tilkt BWfVAW #9 Haawref Of the Is"irty, assigns righl and authority to convey the Property and warrants that the ten created hereby �% a first and prior hen on
<br />lin 2T. M MSY be flat IOM herein, and the execution and delivery of this Deed of Trust does nag vtolafe any contract of Other 001 ;gabun 10 which
<br />S: 'T*WW McS*Wl$" . TOM ~due all taxes, specie; ea rtattt9 and alt other charges against the Property and, upon wrdlen demand by gander, t0 pay to
<br />.. as may Is l toonWe the Lender to pay such taxes, aaaesaments or alter charges as they become d:,a
<br />a ligailastagaill. To ae Proprig sin 04 sisiggest darn by gore_ IWrafde a clrtdad within the term e.te ickid Cora age and tox n other haraids as Lender may
<br />OIORNWM#Md as table to Larder, and walk [o" payable to the i-arcdar to e:asa at [ ss u -.dug, s, r puiK,ey- t a Lrndar �a cut »Otaaed g,0 silt -sit.
<br />oo"o e " I the and start have Breoptioh of appighog all or part of ilia 10 All, dPbiet as4 sa tired harsh, ant s 1,
<br />Order
<br />" Ltandiiii rnighr lagreguim", (lit to era to be ""it for SiterBpalr ter Ia$gOFatton Of1»a No;t lv 4+tt Ir,,, ante. tp p -dip ).tenet Ya9slant-r V to t.F der
<br />�_ � ir»a fit Traeat {aN eta 1,m81 am4y9pnt aectdtad tafatTy ttatrSra 4U1".f4 payme .t �vct t /:taM t .act? Ahq mg re6�C meir?n >r p+!xe�*./S h+,n.fphtad ,eSV Ahn'
<br />ates - M du r 40" dl any InIONt eta Nets, Of r, 410 any defaWtt trtwret:nelrtr w ',,we.Nja,
<br />It arN Ceowment wise Latall, tFDVVS§i' shaia keati the P—pr rt, a"" e. ;+ g f A pm . 'a. ¢ pl .
<br />h - or shat! fitr4 e ,. pr rtrrit a Y aa4ta u+' rtietpt.c ag P tt,e g' tens. t ah f ; .� E h to . ah
<br />cry a AVaP ty f a ar parow4tuly MCI so Midclev t, r rgar,zpafy . .a ail a v m a mg
<br />M at � €HA48 erta#aa -Ard7 tsatia,er+c .erhgi a�+tea 'rot 'titer g,av stir ,A •rt tx+amv ,. masrne• -. .re t•vi. iii. ,i , 7•a un.,. e,d
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