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<br /> _—° • ACK1�10WLEDQEMEHT OF DEED OF TRUST 9Z-- 1 UOO��
<br /> - TRUBTOR FlEAD TH19 BEFORE SiGNING:
<br /> -- Tnuypr undKWinds that th�docum�nt thd Trustor Is�bout W unoua 1��ONd ol Tro�t�nd eot a mortpp��nd thd fM pow�r
<br /> � ol sd�pmvW�d for In IM O�sd of Trust provid�a subqanWlly di8eant r{phb uid oblip�tbns to Trutta Mwn�morq�p�In th��wnt
<br /> of a dN�ult or 6�NCh al obApado�und�r th�DNd o1 T►u�fncludlnp,but not Iimfbd to,th�I.�nd�r'�ripht to h�vo tM P►op�ry fold
<br /> — by qN TrustM wNhout�ny judlci�l pra«dlnp.Trustor r�p��oa uid wur�nq tI+N thls�oknowl�dp�mmt wa��oubd by
<br /> -= °-�= Truator b�lon tla�x�ouaon d tM W�d ol Trua.
<br /> _ _'�_—r-�---= c. � e��,� -
<br /> - -'- (8t �rl D. Millnit��wlor Huebsrd
<br /> - -~ (Paawla K. Milln t �wtor iiil�
<br /> -__� �.:
<br /> : �-�'"� DEBD OF TRU8T WITN FUTURB ADVANCEB
<br /> �- -- °- � TH18 DE�D OF TRU8T.I�mada a�ot tho � day of.�M�r ._ .�, 1� 91 by�nd amonp
<br /> --�~�� q�Tru�tor, wil�� eech in hi� c�wn righC
<br /> - aild � /(�OUiQ O O C. �.
<br /> --��".■ wfww m�llirp�ddra�I� �Nn"Truqor:'whtlhu on�or mon�.
<br /> _v.. -- -��;,� Fiv�► PoinCe Benic, A Nabraske Co ration _—, _
<br /> th�TruqN.
<br /> --':;�;a� whae rt�Ilinp addrets is P.O. Bo7t 1507� Grarlcl IBl�� I� 68802 (hersin"Tru�"►,and
<br /> �±��� � Five Points BeNc
<br /> -_----� th�B�nNiciary, •
<br /> ,;:aal��s�.i� o n a.,.. �I RAh. C�MAffA TA�Ar�. NE 68802 (herWn"Landar"►.
<br /> whaw m�iUnp addra�is
<br /> ,w;�,.�;• - FOR VALUABLE CONSIOERATION,includMp Lender'c oatemion of crodR idontilied hereln W Steven D. Millnitz eild
<br /> _-_— Paa�ela R. MjLllnitz� huabAnd and wife �herein"Borrower",what�er one or more)and the truat heroln creaWd,
<br /> ---=='�'����:. .
<br /> --�°�� <��� � the rec�ipt of which Is hereby acknowledped,Trustor he�eby irrevocably yrents, tranffers,conveys end aaipns to Truetee,IN
<br /> •-.e--,�a:•-•;., �_
<br /> --- -- TFlUST,WITH PQWER OF SALE,for the benefR ond�aaurlty of Lender,under and aubJeot to the terms end condidons horeinatWr�t
<br /> °_— -;-.;�s.-'�_-� lo�th�the real prapsAy,de=eribed es lollow�:
<br /> :_�i���� �. . -..,
<br /> - —����. _ :� L.ot Eighteen (18), in Blocic Four (4), in �entwood Subc�ivisicn� in the City of Grand
<br /> _—�-�"��a"' �,�, Islan�]. Hall tbw�ty► Nebraeka
<br /> u,��°�,�.•�:�
<br /> - =:;�;•a-
<br /> � ''_''�s''�'''-= � To�elher with all bulldings, improvements,llxtures,streets,alleys,pesseyeways,easements,ripMa,privitepes and appune- _
<br /> - ��:{.;� nancea bcated thereon or In anywise perlalning thereto,and the rents,Issues and prollte,reversions and remalndera thereoi,end
<br /> ---,�w-�"�'`' � such peraonel property that ie ettached to Ihe fmprovements eo as to constltute a fixture,Includinp,but not Ilmited to,heatlng and
<br /> ,:y;�-:•�. ..
<br /> -,�,�,,,,s��i._i�:_.'� . codiny equipmenk and together wlth the homeatead or marital Interests,il any,which Intereots are hereby reteased and walv •a
<br /> � :��:=-� of which,includinq replacementa and additlone thereto,le hereby declered to be e pan ot tha raal astata wcured by Uw Ilon o11h1�
<br /> •;_-�: - " " " Deod of T►u�t i►nd all ot the foreqoinp befnp reterred to herein as the"P�operty".
<br /> ��•r.
<br /> ��►T'� ' This Daod ot Tru9t alwll oecura(a)the payment ot the principal eum and intereat evidenced by a promissory note or credlt
<br />.�.�"a:��'.` �'-'`�`'� �� aflreament dated na.•a,.s,pr an. 7 991 �,g. ny Januarv 15. 1996
<br />-- —�..,�... __ ,r ,hevi a matur date of .
<br /> -----'-��"_'":.,.. .. .�
<br /> --_�=�'°-� .. � . In Ne oripfnel principal amount of s 15�023.50 ,and any aod all modificatlons,extensions and renewals
<br /> _ �'`�' -� thereol or thereto end any and all future edvances and readvances to Borrower (or any of them if more than one)hereunder
<br /> "_.:,+� :...,,. :,: ��
<br /> -��y}y�;',.��,,;, „ punuaMto one or more promissory notes or credit agreements(here:n called"Note"):(b)the payment of other swna advanced by
<br /> __�,=:;;.�z.._�.__ �" lender to protect the aecurity of the Note:(c)the performance of all covenaMS and agreements of Trustor set tohh hereln;and(d)all
<br /> �--�-"'�� pre�ent and luture indebtedness and oblfgetfona of Borrower(or any of them if more than one)to Lender whether direct,indlrect, -
<br /> �.;���,�,:,;,�s=;: -� ab�olute or contingenl and whether arlsing by note,puaranry,overdraft or otharwise.The Note,thls Deed ol Trust and any and all
<br /> --. • - other dacuentn that eecure the Note or otherwise executed In connectlon therewHA,includiny wlthout Ilmltetfon�ueranteas,secuiity
<br /> �;��_=, �ti�:.�� ° a�reements and asalynments of leaaea end rents,shall be relerred to hereln as Ihe"Loan Instruments".
<br /> ° TrusWr covenenb and agrees with Lender as lollows:
<br />-__ '`��`� 1. Paynant of Ind�bUdmas.All indebtedness aecured hereby shall be paid when due.
<br /> �'q� ° 2. TiNf.Trustor Ia ihe owner of the Property,has the nght end author�ty to convey the Property.and warrants that the 118n
<br />_`•-�'�• �`. � creAted hereby is e tirat and pNor lien on the Property,except tor liens and encumbrancea set forth by Trustor In writing and
<br />.��-' ° •'�"—�.-` � �';, de�ivered to Lender before execution of this Deed of Truat.and the execution end dellvery of this Deed ot Trust does not vlotate any
<br /> . U ContreCt or ather obllyatlon to which Trustor is sub�ect.
<br /> � � . 3. T�xN,Asas�m�nb.To pay bsfare delmquency all taxes.spec�at assessments and all other charyes apeinst the Property
<br /> • now or hereaker levied.
<br /> " 4. I�aunnc�.To keep the Property insured aga�nst damage by f�re,hazards�nc�uded with�n the term"extended coverags",and -
<br /> . ' such other haxerds es Lender may reqwre,in amounts and w�th compan�es acceptable to Lander,neming Lender ps an addd�Onal
<br /> named inaur�d,with losa payable to the Lender.In case of toas under such pol�aes,lhe Lender�g authonsed to ed�ust,tolleCt and
<br /> � - campromise,all claims thereunder and shall have the opuon ol applymg all or part of the insurance proceeds(i)to eny Indebtedness
<br /> ' - •. '. 6eCUred h@r@by end fn euCh order as Lender may determme,U�)to Ihe Trustor to be uaed for the repan or restoretion of the Proporty _
<br /> or(III)for any otAer purpose or ob�ect satisfactory to Lender without attecGng the lien of ihis Deed ol Trust lor the lull amount tecured ,
<br /> • • ' hereby before such payment ever took place.Any appl�cat�on�f proceeda to�ndebtedness snall not extentl or postpone the dua „
<br /> ' • ��1�.,�3R���'_ daa of eny payments under the Note,or Cure eny default thereunder or hereunder.
<br /> ---.._-r a l���.Y �����._.uu�������J�...���J�. r.....�...��.�u......�..�....�o ...��..�A minnor aa 1 nnMr mau rinau�nato +u�Mu��nf _.
<br />-____–_ ____—__-_--:,--__- .i. pMdvw.vMvn wnnv..vv...m v v .
<br /> ' � ..,��...,.. ..�.............."..�.���"��'....'_�....._
<br /> sums to eneb�e lender to pey as they become due one or more ot Ihe following:(i)all taxes,assessmonts and other charges agamst
<br /> • ., • � th@ PrOperty.(�i)th@ premiums on the property insurante reqwred hereunder,end piq the premwms on any moRqaye�n3WanCo
<br /> r�ulrYd by Lender
<br /> ° ' B. MalnNnanct,R�paln and CompNinc�wlfA Laws.Trustor ahan keep tne P►operty m qood cond�uon and repa�r, shali
<br /> : : promptly repeir,or reptaCe any improvement whfc� may be damaged or destroyed, shall not commlt or pern+it any waste or
<br /> � • detenoratlOn of Me Property;6he11 not remove.demol��h or�ubstantially alter a�y of the improvemvnts un itra F+roparty,sna11 not
<br /> .. � commit BuNer or pe►mft any att to 6e done fn or upon the Property in v�olahon ot any law.ordinance.or repulaton,nnd ah311 pay and
<br /> „ promptly discharpe at Trustor's cost and expense all I�ens.encumbrances and charyes levfod,imposed or assessed aqainst the
<br /> . Property or eny part thereo/.
<br /> ., ., 7. EmIMnlOoetaln.Lende�ia hereby aufgned all compensahon,ewards.damayes and other payments or reliel(herefna}ter
<br /> " "Proceeds'71n connocdon wfth condemnaUOn or other takin9 of the Property or part thereof,or for conveyance�n lieu ot condemna-
<br /> tlon.l.ender shall be entitlyd at its opt�on to commence.appear fn and prosecute 1n its aw�neme any action or proceed�ny�,end
<br /> ' � shWl alw ba�ntltlad to mako any compromise or setllement In connecUOn wlth such tak�ny or damafle.In the event any porUOn of
<br /> .. NQi►611MoryyrKUMwM Owal�w t0.M .
<br /> , CtIMWeo�w���dCaMwt�Tr,.M�r1Sw�^Y���twrn.4eeM�N�M�W
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