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<br /> , AC�OWLEDGEMENT OF DELD OF T ST 92_ 1 U 0 3�3
<br /> _ TRUBTOR READ THI8 BEFOfiE SJ3NIN(3:
<br /> �� T Trottor undanMnds that th�docunant th�t Tru�to►I�about W�xecute is a Oeed ol T�utt and not a mortp�pe and that tl�pow�r
<br /> � ol wle provid�d lor In th�DNd of T�u�t providss tuWWnUaNy dlNsant riphts and ob�lp�dons ro Trwtor than�mortp�pa in tM�wnt
<br /> ; � � � ,F;j.r �� •o�� ol�def�ult or brqch ol obflp�don undar Ihe Deed of Trust,Incladinp,but not Ilmited lo,th�L�nder'��Ipht to havs the PropeAy eotd ___
<br /> ��'"' • by the Tru�tw without�ny�udicl�l praeNdinp.T�usta apra�nb� warrants that this ackrrowl�rlpement wue exaautad by
<br /> '"''�;"`:.' Trwtor Mton tM Ax�oution ot th�D�ad of Trwt
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<br /> .��; �s�;. � .��". '� OEEO OF TRUST WITH FUTURE AOVANCE6 �W ' —
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<br /> ': .•. ° .lan�arv .t9�_blr aieW qmo�q
<br /> �•+ .v „ THIS DEEO OF TRUST.!s madQ as of ttw.6L�—.day of -:
<br /> N�Lir���r�.-. ,- '�. �. ...
<br />� � °' . • „,� tho Trustor, Patricie A. Lyans end Leonerd W. Lyans. Wife and husbend , �}�-;;i�;.�,_:.:�-
<br /> ;'7. '
<br /> � •` � ' 413 N Con don Grend Isleeed. DLE 68801 �herel�"TrueWr;'whether one or mor4� �
<br />- • ' whosQ mellinq addrass ia 9. '
<br />. :•!�. �
<br /> - . `QirP=--�-
<br /> . � - . ttw Trustae, elernf B. Jones .
<br /> V:H���`� .�
<br /> �, ��: �' . � ° P 0. Box 167 Aurora N� 68816 �����
<br /> ti4 •
<br /> • `� a;�- ^ whoao melllrtg adaress�s (hereln"Trustee'1.an+1 �;;�`
<br /> .0;
<br />_,. ai� �� `'�^ � . ' �. the Benaflcirsry, First Netionel Bank of MarQUetto. - , °Y-�`�
<br /> ;' r, ��', � '. . �_
<br /> '�;•.'��- '�:: " a ' ,, whose meilinp addreas ie P•�• �x 39, Merquette NE 68854 �here�n°Lendw°► �
<br /> .!�' ��. ..
<br />- •• FOR VALUABLE CONSIOERATION,includln�Lender's extenslon ot credlt identified herein to Petricia A. Lyans --.
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<br /> . -.= � ,�y,.,. and LeoneTd W Lyons (hereln"Bo�tower",whether one or more)and the tru4t herein cre�ted, --
<br />= ,,�,. ,. il��j:,.� the recelpt ol which Is he�eby acknowledged,T►uator hereby Irrevocably granta, tranalers,conveys and asafgns to Trustee. 1N I���w�--�
<br /> •• • TRU3T,WITH POWER OF SALE,for the beneflt and securily of Lender under and aub�ect to the terms and condfuons herefnatter set �'j'�i;;�,�Y
<br />- '` �. : •. tvRh.2he ival pTOisCrty.�esc:fbed 89 lfl110ws' �r�i"��=.:---
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<br /> ��•'�_ The West One Hundred Thirty Feet (W 130') of the South 19.88' of Lot Thirteen (33) and _
<br /> •;���:a:�
<br /> , : j.':,;;, The West One Hundred Thirty Feet (W 130') of Lot Fourteen (14) Leiabert's Subdivision�
<br /> '�, in the City of Grend Islend� Hall County� Nebraska.
<br /> ::.,. r.�. .,:, �
<br />'t�''�.�'"� ��.�f%�,;" Togethar wlth ell bulldings,fmprovements.Iixlures, streets,alleys,passageways,easements.rights.pnvlleyes end eppu►te• _,--
<br /> ��t±±•,,.,-
<br /> ' ''�1A;1;r!- �, nances located thereon or In anywlae pe��afnlny thereto,and the rents,iasues and prohts,reverslo�s and rematnder4 thereol,and ��.•��:„
<br />- , ' euCh peraonal properly thet ia eltached to the improvements sa ae to constitute a flxture,including.but not Ilm�ted to,heating and --
<br /> ,, cooling equipment;and together wdh the homestead or mantal�nterests,d any,wh�cn�nterests ere horehy released and wawed:all ��-,-
<br /> ��,;�:E�� � . � ,�•�`•, CI whloh,including replacements and add�tfons thereto,is hereby dacldred to be a part of tne real estate secured ty the flen 01 th18 �,��_
<br /> �.�
<br />_ • . � ��-,.. '�'• �`� Oeed of Tiust and all�f the faefloine bemg relerred to herein as Ihe"Property"• ��+��
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<br /> 'Q���~���• • 7hfa Deed af Truet shaU secure(a)the payment ul the pnncipal sum and interest ev�denced by a prom�ssory note or credit !,. '`''���-`=
<br /> ' `rlS'YR� . •,¢K�n�r_..�,_
<br /> '` �� Jenuar 10� 1999 . - •_
<br />: . epreement deted ��uary�6. 1992_ ____, hAVlrg a mafunty date ol _—_.—Y_ —�
<br /> • , ._ � '�:';-'_
<br /> in the orlglnal principal arnoum of$-10�875.00 __ .,and any and al�motlihc,aHons,extenslons and renewal9 ��+'� -
<br /> " � " thereol or thereto and eny and all future ad�ances and readvances to Borrower (or any ot them d more than ane)he►eunder � �••
<br /> s pursuant to one or mare promissory notes or credd a�reemeMS(herein Called"Note"1.(bl the payment of other sums advanced by - :-..P'�-
<br /> � , � Lender to protect the securiry ol the Note;(c)the pertormance ol all covenants entl agreements of Trustor set loNh hereln;and(d)all - ~"���
<br /> ,. present and luture indebtedness and obllgalions of Barrower(or any ot them il more thnn one)tu Lender whether duect,indirect,
<br /> " • � � absolute or contingent and whether arising by nota,guaranty,overqrAri or otherw�se The Note.this Oeed of Trust and any and all
<br /> :}�}„ ° ,`ll�`"'.. - _
<br /> ., other docuenta that secure the Note or otherwlse exacuted in conneGion therewdh,inc,udin,w��i�out Iimrtatlon yuaranteas,aecuriry �.��- ----
<br /> ",���'� .�,5� �.�';?r,�;�. apreemenls end assignments of leases end rents.shaa be referred to here�n as the"l.oan Instruments". ='s.`-,
<br /> . �,v}s� • Trustor covenents end agrees wlth Lender as lollows: ��`-�La�
<br /> �:�,'�� 1. Paym�nl of Ind�btednnz.All Indebtedneas secured hereby shell be pa�d when due fr "� �"
<br /> �� � � 2. TIII�.Trustor Is the owner of the Property,has the nghl and authonly to convey the Properly,and warrants that the 11en
<br /> • Created hereby Is a lust and prior lien o�i Ihe Property, except for ue�s and encumbiances set farth by Trustor m wnt�ng and
<br /> delivered lo Lender before execuUOn of th�s Deed ol Trust,and the exeCUUOn and dehwry o�th�s Deed ol Trust qoes not v�a�ate any '.
<br /> contract or other obligallon to which Trustor�s sub�ecl
<br /> " � 3. Tax�f,A��onm�nb.TO pay belore delirquenty AI'IaxeA,special Assessments and all o�her Che;ges aga��st Ihe Praperry
<br /> now or hereafter�evfed. �
<br /> ' a. Imurance.l�a keep thR Property mswed aga�nstddmage hy tne.ha:di.tti�ni:w4�rd,�v�O��n 1���•trnn 't�xtPnded cover,iyt°.and i
<br /> . such other hAZarda ea Lander may reqwie,m amounts a ntl w�lh cumpamea aCCep�ab�e�o�e��der,na�ning Lende� as an addiuonal ;.
<br /> � ' named Inaured,wlth loss payable to the Lender.In ca9e of loss unde:9uCh polfr�es.the Lender ig autNUnzed to ed�ust,collect and �
<br /> , � '' ' ' compromise,all Claims thereunder and sha��have the cpt�on of upp�y��g al�or part�f the�nsu�ar.ce p�•oczeds(q to any�ndeb�edness .,
<br /> secured hewby and in such order as Lender mny determ�ne.l�0 to tne Tn�sto�to be used lo►trr repa��ur�estoraUOn o1 the PropeHy
<br /> or(fiI)lor gny olher purpose o�cbject Satlslactory to Lender wrthout aftecting the I�en of tn�s Deed ol Trust for the fu�l 8mounl secured �
<br /> I�ereby belore such payment ever took place.Any app���at�on of pruceeds to indebtedness shell not extend o�Rwstpone the clue '';• '
<br /> dete of any payment8 under the Note,or cure any detault thereunder or hereunder
<br /> _ 5. Escrow.Upon wniten demand by Lender.'frustor shall pny to Lender,�n such manner as Lender�nay des�gnate,suN�c�ent
<br /> Sums b eneble Lender to pay as they become due onear more ot tne�onaw�ng•�q aii iaxes.aasaya���e��ia���u Gii�o� i.�idiy�b dyu.iiai ;
<br /> �� the Property.(11)the premwms on Ihe property�n=urance requ�red hn�aunder,and(���)�he premwms on any mo►tgaqe msu�ance
<br /> ' requlred by lender.
<br /> 4. ^ 6. Mdnt�nmc�,R�pNn and Compllanc� wlth Lawa. Trustor shall keep Ihe Property in good cOndd�on dnd repau.shnil
<br /> promptly repair,or replace nny fmprovement wh�ch may be damaged or destroyed,shall not Commft or perrnd any M•aste or
<br /> ' deterioretion ot the Properly;Sha�l not remOVe.demol�sh or substentielly alter any ol the imprOVements on the Property shell not
<br /> commft,suHer or permit any act to be done in or upon ihe Property m v�o�aUOn of any law.ord�nance,or regul�tfon;and shall pay and
<br /> ' : , � promptly dfscharge at Trustor's cost and expense all I�ens.encumbrances and charges lewed,imposed or as3essed aga�nst the
<br /> Properly or eny part thereof.
<br /> 7. EmlMnt Oomaln.Lender�s hereby ass�gned all compensahon,awaida.damages and other paymenls or rel�ef�heremaRer
<br /> "Proceeds")fn�onnectlan w�M Condemnatfon or ptherlakmg ulthe Property or part thereof,or lor co�veyance�n Iieu of condemna•
<br /> tlon.Lender ahall be enlftled at its option to commence,appear m and prosecute�n�ts ow n name any act�on or proceedings,and
<br /> � nhell also be enUtled to make Any compromise or settlemenf m cann�ctlon w�th sucn takiny or damaye In the event any ponlon ot
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