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104892 86- <br />ACKNOWLEDOMMENT OF DEED OF TRUST 11 <br />_:'LWDJMWERS READ THIS BEFORE SIONNO: <br />Borrowers (Trustors) understand that the document that the t3orrowem are about to 0 <br />r in the Deed of Trost provides substantapy different r9rits and obkjations to the Borrowers than a mititillage in ft event of a default <br />of sale provided to <br />ir,,x or breach of oblig ~-- unce the Dead of Trust r0jdpV, but not lirriftiNd to. ft Lender's !fight to heyethe PAW Property soM by the I Truvee without any <br />by �f,tw Is X a �du W n, of a d d Tht a t <br />priooee6rQ or foreclosure. Borrowers tePrOW1 and warrant #-'at this "'as <br />Ronald rq,. Hat siorrower <br />La J. Hiarge Bonroww V <br />DEED OF TRUST <br />WITH FUTAM ADVANCES PROVISION <br />28 day cat ___A-uy_urt, 1986 by and arnorq <br />T is racte as 0 the <br />THIS DEED OF TRUS TrUStor, Ronald G. ens and Laura J., liargens, <br />husband and wife <br />rein <br />mailing address Ru I Cadr,�,-_Xr 68824-- the <br />the Trustee, Nebraska State Rajak <br />2 iheriera 'Tlv�'JL <br />vilrose matfrig address is Box 7 26 Ord NE fiH${? <br />and tilL Beneficiary, Nebraska S <br />g <br />whose rnail,, address is __UA2X <br />FOA VALUABLE CONSIDERATiON, ro.uding the ridebiledress identiled herein, and me trust haren aealed. the receipt otwhich Is hertiloy adtixmiedged. <br />Bonower hereby irrevocably giants- transfers. corwey-, and assigns to Trustee. 94 TRUST, WITH POWER OF SALE, for the benefit and security d Lender, <br />under and sunject to the terms and c0odffiom ner'SinaMie" set ice., the -' Pmporty: described as follows- <br />.,East Half (E') of the SouLheast Quarter. {SE -4) of the 'Southwest Quarter (Swk),; The South <br />Half (Sk) of the Southeast Quarter (SEh); The Northeast Quarter'(NEh,) of the Southeast: <br />Quarter (SE's) and the East Half (E- J) of; the Northwest Quarter (W-4) of the Sattheasc Quarter <br />7;'SEk) of Section Sixteen (16), Township Twelve (12) North, Range Eleven (11) WeSC Of the. 6th <br />P.M., Hall CLIUDLY, Nebraska. <br />The Southwest Quarter (SWk) of Secrion Twenty Six (26), Township Twelve (12) NcirEh, Range <br />Twelve (12), West, of the 6th P.M., Hall Cuunty, Nebraska. <br />the North Half and the North Half of the South Half (N� & N-11S!j) of Section Fifteen (15),, <br />iownship Twelve (12) North, Range Twelve (12) West of the 6th P.M., Hall County, Nebraska. <br />that part in the Northeast Quarter of Said Secciou Lying North and East of theBurlington <br />Railroad right -of -way and containing approximately 470 acres in South Loup. all, in ill Couxity <br />with at buildings, improvements fixtur" sraft. slielm 1:199939-0130; eftemerds. 6". Povieges and aPPL0V%nfirteS X"COIA0 themorr <br />,g tnweto, and " fem, issilm and =W revemlom and rckmckV, bitted. Vrmd-;D_ hsawQ and coo" equip- <br />or in anywiie Pertaining <br />mert and such personal property met is anadnw to" milwavements so asa:i constitutes tom". all at which. indudm and additions thereto <br />cy tpe #ien 0 herein as the'-proparly" <br />e hereby declared to be a part of it* raw 66WO secured r Vn Dwo . of Injst and as of the taregoaV bery referred to <br />&,ast evidenced by Bonower's now dated 8-28-1986 <br />h secure g�e oayrriwit o-ne crrk ip� Uor mid 1I <br />This Deed of Trust stis <br />onginetionnival end any, and as modibow. <br />r. Ine amot.'t or S3 10 * 000. 00 <br />t*vtng a maturity date of ne %m ronvssory no"s <br />­ bons, e)den&ons and renewals "reot of nvezo and any and at!u%,,,e, advances arc Yeadvenoes Itereuncer too o"Iff 0 <br />'therein called 'Note'-), (b) the pay -ern d otr sult6 Wvawotia, by L_andier ic-protect the security of nus Deed of TrusL with interest thereon as PrOvidect, <br />in the Note. and (c) the PefiorrrlarCe az c0VEi"art5 &IC aQ`e`e"Wl! i Be", ow set V'rr, z�_r <br />T won Lender as totbows <br />v <br />Borrower. to smotiect t." secu,4tii cf#%, V st c at sWees <br />I. payment of PArNow MW vvb~� 80"*W sr-&4 pn-,T�, twf dL* t-te, rtqooai of and ,Aerw on. and Any fees or crerges, picxed <br />iq, the Note or in this Deed of Trust <br />2. Title. Borrower 5 ine owner of Ine PVO�;ii '?ffi tie gnt arc autnorty,,,, comity trie Property. and waffarla that lie ten c!83hidt`*r91oY* <br />eleto no rie, xec tion and delivery at this Deed d Tngt does <br />a first and prior lien on ine Prooem except as 'nay olnewee Lie set t-11i dr. E*n" A he a a u <br />ixN vtotaw any contract o, other a4x-gation to wt«c 80rroww ls SUIDWICt <br />3. Taxos, Assaswnwft. To pay wr� wise *1 -a-es- soecx�r assesSimie"Is ant at olnwctages against " Property and- up� iii men delnnarct <br />by Lender, to nay 10 Lender Si,Cr an'Ount as may M skjhcelj If, W."be V* Lardercpays ucttaxes.a asn �Itsoiotherch argft as becorrie due. <br />4. k1surgrice. To keep trie Proms nir insurecl aw- ver ge- ands uchOlnelBids <br />as Lender frey require - in ar-oints and with cxymoares accevUOie to the LanOw and wti Km parable to the Lender, in case of Rm under su& pokoes <br />tne Lender is authonzeO to adios �V44`C' arid at denr, magpoer arid silas iyave me option of appiyvv sit or per off me .0.0ancia wocasios, <br />0 , � tc rre Borrower to for tre tepir or r b - at! tne Poperty <br />to any ndebtedness seci, -ea re� ed Y 37,0, si�,jn , je, <br />as texis, a, dew,,_- as ra� <br />mr oe used <br />0 , r (*)for any ottle, pwr*w of clie-1 s--W&c1c`y ta UR <br />Deed cat Trust for" f <br />-e Any L oi;yuceeos nd c, �C #,a cue date or any payments under the Naile Or cuts <br />payrivim ever inok pac wtiuca <br />any default trieeiwnow of rieweunm, <br />5, NaWAPiriame Rep** and C*11al*W*C* W" LDWAL 80"cww, shah keop ", P-operty, in good condition and repair, sna$ promT-0y WW 01 <br />replace any improvement -nct -ia* De Barraged 0' mss` -loyed sna. not Car per "e any waste Or Ceeriorabon of Vie Propertip. sitar rilix 'e' rove. <br />cemoksn of s lcsiamiaiily a`ter a-,y of sr* ni- Doe", <br />s:.-w cy pe.-iii awy act to be done m V, upon Iie Pr if ri <br />.,cebcwi of any taw. ordinance of rergula trr. a'-xi stay :)aw &,no L'r�,v lorro*e, s cW� and expense OR; liens, ancurnbrances.anc -tlacjft <br />- , tjj� <br />*tied ,Vowd s, assessetj aga—V !" Ploio_" 0- Wrir t t -arelif <br />4. EfrAiriv" D""M. i-enow is nwem awww as r4MQ"1Wx_- awwas damages and oirw pariern or new, (hweinallie, Proceeds -y �coi- <br />nei_,wr, with conowrinato, or oll-et 1ak-r,9 a! r* Plop", ol can "'equ ci' I& cow"W'oeto 6eu tit Lender malt t*-,:Ffated -4 Its o0bow <br />to oormrience, Kooear in ono proseciAg ;f: 9% QwM -w-w a: Y 60"i Of +_ <br />_ :- <br />co rwtion wiin such taking or damage in Vie event tiny porticn do re propetty is so taxan, d, aaT,,e;;sd_Lenosr shall have the ootKX,,, 0, ft sole VO atsAft <br />OW15tiOn to "If at RUCM P1009", after 00*JCIPV rXi"elmm alt com w,4 extiereat incsyred ot a in correction wall 9-ch Proceeds. uMn WN nOVIDIC&IM <br />mourso hereby and n %Pch order as Lancer ffaii d6lar"w* Or to a"* 00 GJC`n I 8AW sucti DeCtucliOnS, to "V restorawn of the Pricp" Loop <br />ouch condtolr* as Lancer may dela �� Arry application of P*00810% 20 indOOOCI"m VW M extend 01 postpone ft* due data or arty pay-wltsi(lOW <br />the Mote, Of cum any Cotaur, there inder 0, hemff ow <br />7. ftftrmw" " Loni:lilit. V, "etent of So"Oweir$ W,00 W :fir killm -ly w tie c, crake any iz&�-* N *tea wt e <br />ra itiir-y i^ f talon or;6gial tyoCt7tld r to ra arr8d 1~11"10-0180" 11011:W 's -,Ww, in r* P`op" Lends, -'arv- w!" ou; , <br />lol,'x S--. and wirrovo notice to Of dw?v" l4w. aw,ower and w4thoiA m4aiiising SO&O-W *oi- any ak"gation wo s"', act B-Clu.WY <br />T" Liln,10, Pay to [WOW Ail CCA% and eqXKMOS Nk Ivvd i,,no sv,,* M LWl er ri conn@M-i wo, r* ewrAe vy Lenow ot <br />rWjj(,c at tr a%10 W4,KJOC Now v-,Al t-.* Woofed "VL,-* ­:*oiedness sec',!'ed "eepy orlde, yrim 10 ",-v A- lv <br />CA, 4r,, ­AW!*N -ji ll4A,­vv silly 1+r"& 4,!11? <br />