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87. 104109
<br />ACKNOWIEDOEWNT OF DEED OF TRUST
<br />SONNOWM M" THIS BRIM SHU#M:
<br />Botrow ers (Trustors) understend that 60 document that the Borrowers are about to execute is a Deed of Trust and not a mortgapsand that"powerof ale provided
<br />ter in the Deed of Trust provides substantially different rights and obligations to the Borrowers than a mortgage in the event of a default or breach of obligation undf, the
<br />Deed of Trust, including, but not limited to, the Lender's right to have the Real Property sold by IM Trustee without any judicial proceeding or foreclosure. Borrowers
<br />represent and warrant that this acknowledgement was executed by them before the execution of tjV lead of Trust. i
<br />00 V
<br />,,war _(Larry, A. Cook)
<br />(Janet K._Cg9k)
<br />PREFACE TO DEED OF TRUST
<br />COMtff M Ow led be ONLY It this real properly described capable of INDIVIDUALLY OWNED AGRICULTURAL LAND.
<br />lt appgwbM, conplMM OMLY ONE efMIM A, B, or C:
<br />❑ A p1$CLAMM DF WONT TO DESIGNATE MOMESTEAD:
<br />The Sorrower(s) acknowledge that they are about to execute me following peed of Trust upon the real estate described therein. The Borrower(s). and each of them if
<br />more than one, do hereby dis itaim their right to designate a homestead pursuant thereto No part of the homestead of either of the Borrower(s) is presently or will in the
<br />fulurebe situated upon said teal estate Thai Borrower(sl understand that It either establishes a homestead on any part of said real estate during the time the Deed of Trust
<br />fOrMns unsatisfied and a Iran upon said real estate . there smai 1 her no fight to make a designation of homestead In the event of a loreclosure or trustee's sale with respect to
<br />said peed of Trust
<br />(3 8. WAMM OIF RMW TO DEMGNATE NOSMSTEAD:
<br />The Borrowerls l acknowledge that they are about to exec ule the following peed of Trust upon the real estate described therein. The Borrower(s). and each of them it
<br />more than one, do hereby waive their r!gnt to designate a homestead pursuant thereto The Boiroweris) understand that they have the right to make a designation of
<br />homesteadend fitat byexecuhrp thus waiver, they are wawrng nghis otherwise arartablr for the purpose of affording them the opportunity to retain their homestead in the
<br />myself of a default upon seta peed of Trust
<br />❑ C DESIW/ATUOIS OF NOMESTEAO:
<br />Pursuant to Me Farm rtomaataad Protection Ant ,Secl,on 76-1901 et seq Revised Statutes of the State of Nebraska). the Borrowerla), do hereby designate -he real
<br />property deacnbed in the Designation of NOmestead attac Red he *etc• and ,ncorporated herein by this relerenCe
<br />Borrower
<br />Borrower
<br />DEED OF TRUST WITH FUTURE ADVANCES PROVISION
<br />THISDFMOP 26 nano, June +9 87 nyan.lam r.Tru -,tor. Larry ..D.__Cook
<br />al d-daDat_E.__C-ook, Husband and Wife wn<;sema,l,!,gaddrass , s West Old H- ighway_._30. _Grand
<br />Island, NE _ 1111111, Borrower r •heT,,,le., William G. Blackburn, Attorney
<br />whose mailing address is _. P.O. Box .2280, Grand Island, NE .- (hereln'Trustere").
<br />and the Beneficiary __ Five_ Poiftts Bank
<br />whose mailingaddressrs . P.O. Box 1507, Grand Island, NE _ (herein Lender')
<br />FOR VALUABLE CONSIDERATION mc!ud - a th ,r!dp >t Ss :Je ,.. e;i acre r �d bust .e ea• .� Cris race pt of wnrch s hereby acknowledged, Borrower
<br />hereby urerOCeDly grants. transfers conveys and ass g s v: ter N TRU ? 'JVITh F CritiFR D4 Sat F nr Int, heneht and seemly of Lender. under and subject to the
<br />terms and Conditions hereinafter set forth, the real property S <'nf;pJ As tnuows
<br />Lot One (1) and the North 12' Lot Three (3), Block twenty four (24)
<br />University Place, An Addition to Grand Island, Hall County, Nebraska
<br />Together with Ott buildings improvements . fixtures. streets. alleys passageways . easements rights privileges and appurtenances located thereon or in anywise
<br />pertaining thereto, and the Cents, issues and profits reverSlons and remainders thereof ,nciud•ng but not limited to heating and cooling equipment and such personal
<br />M'operty that tS arlaGired to lneamprovemenfs 50 as tD COnSt ,tuteaheture err %d fogetner with lee hOmesteatl Or n:antai nleresi5. Many. which interests are hereby released
<br />artd waived. ati of which !neiu0!ng raplaeamenH and edddulms theists .s hereby declared to be a part of the real estate secured by the hen of this Deed of Trust and 811 of the
<br />tieing 1OWred to reform As the'Itroperly'
<br />The R.soa�d of Trust shall secure lap the payment of the principal sum and !merest ewtlenced by Borrower's note arid or credit agreement daled _.__..
<br />having a maturity date of _ _ 7.- X1.01-90 .... __ __. _ in the original pnnc,paf amount of $47 f SOO. -00 _ -- and any and all
<br />modifucauons. e.tenaions and renewals thereof or thereto and any and ali future advances and readvamces hereunder pursuant to one or more promissory notes or credit
<br />agF to ihaein Ca?efl" Note '). tbl the payment of Other sums advanced by Lends, to project the set. linty of the Note I C l the pettOnnance all covenants and agreement
<br />9f f$direwo sal ra" raothenarsd ld) all indeotedness and oblegaucns ill B6rrgwel t0 Lender whelnpr dveU n,d,recl. absorole Or contingent and whether ansmg by note
<br />. 5lverdraii W SDllerwi$@.
<br />90infOlhill td slnattrnt Cite Monty of this Deed of Trust covenants and agrees with Lende: as totiows
<br />I PoymoMM IN flee wowheNwo"Borrower small promptly pay wham duet"prmclpal of and interest on. and any fees pt Charg
<br />at Trust es piortded rrt,tha Note Or in thin
<br />TRteSf @twatstwa dwnat 6r tOba Property. seas thefNjhi and authority lOCOnyey the PlOpef Y.and warrants Thal ins hen created hQraDy isa hrstand pfinr hen on
<br />sty, As may otinarwtse Ile fiat! ®vin hBtertt. and the execution and delivery of this Deed of Trust does not v!Otate any r„nntract or other obligation to wh!Ch
<br />� t
<br />TAIWAS eMWMPW Top" whan diet ail texas. sprK,,w aatMasmems and all ttth.* cRargea against the Property and. upon written demand my LQndar to pay in
<br />L as may be svlilOreat to enable the Lender to pay such taxes. snsassmen(s Or other cna,ges as the, tilc-nnv, due
<br />ItMMeaaf. Te apnp' pffi Prefnt+.rty ,nsrlted deBia� Dy tire, ha,afds mi.VUded wdn,n IRa term erle .pert Cuve aqa' . a �:} s h other ha ,A t1C 13 Ca. tit '!'ay
<br />kh god ens" A ®a asc to t.eldlw and .,it, loss payable to the ;.ender In case of loss a de s, ,.,es I e i a de, ,s act r•, i; p.l to a i usv
<br />4so flitu"t rcma>tis ranelliners have trim upftrt'zf . appiy,riq a!! n, bart,yl tfse erracr.ep,vem1s,.ltr ; q -y ndQbtps .t ,ees sc -!,, pil herebv Anil l,
<br />as i. m°.,vy denier. ra .,.= to the 8;sr.lrnrmel to be utwd fill the ,rtpa or rest,,,at n ?t ins! P t'N t y r - it n' PI—P-- I` " h . Lt
<br />-�l'hKc73rk RLF tsatl, 6£_- -r*eaf tat f'rAt411{gr t #ter tuW kniou.l aetunist heret+y troso'l, sot hpsy °+A..evp rsi>x via'. #,,,v atil!'at -i „•., t`. esiein.IS n.le ..rA.d.e,.,x 41`all
<br />^'�$t - e'8 l'� S'.i,.ea dale 6f �y ro'aym.MS {yi'xiar }rxe Ni.46•tl. !! Cufp any imfa, N, nYe *P.y;rrrN?r t•r !.e rn..rnde` - -•
<br />3 mallowoome Appoirs ate 6 "Mr Laws M—wer vho i keep sh. t . q -1 - v f
<br />wntif w3a�`h �'?ay' i 3* <Stt.t LNp�P sfi,aa5 t 'f5+�t a � 4 a r i',. t 1 airy
<br />.,et>$ 4r@r a= yea #ire Ft+ta°r. a t�s ; i 3 x e 1 t:la r,i 'ter
<br />e v,�y 3*ss r*a, r a s 9i:•l a t.
<br />err =w.*e,t�.a•'ifre.aaanapurs,o.x @s t, t.a.,eam +k •,;Jra ,t ... v A .st ..l
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