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<br /> .wr....,..-_, :�'�M:,.,__.. . _
<br /> �`.�u�.I.'4��e� ..�r . •
<br /> =Y��` � � " ACKNOWL.EOGEIIIENT OF DHED OF TRU8T
<br /> TiE`�`: •
<br /> _�y�,'�;;`�'. -,�k TpUSTOR READ TH18 BEFOR�81(iN�N3: �, 1�O Ce�,12
<br /> ` Trwtor undNSpnds th�t th�doeumsnt thd Tru�Wr Is��to sx�cuM Is�DMd of Trust an7"iai a morta��nd thateh�pnwe
<br /> ���{ :,,„,. = oi Nle provid�d br in th�DMd ol Truu provld��tub�Mntlaily ditl�nnt rlphh and oblfp�tlons b Trostor th���morlp�9�in Ih�w�►t
<br /> -- .'"'�"� of�del�ulf or braah o1 obllpaUon und�r th�DNd o1 Tru�f,inaludinp,but not Ilm�t�d to.th�LNid�r's riphl to h�v�tha Prop�A�►�old
<br /> �� . .; " by th�Truebs wlthout�ny�udlel�i prxeedlnp.Tru�tor rhxslo�b and warranb th�t Ihls oaknowl�dpartnnt was�x�out�d by
<br /> . ",,, - , 'r Trwtor beforo tM�x�cudon o11hs DMd oi Tru�R .. .-. {r
<br /> '.i:�.. . �. , i���; �n.��"4.;fiY�Ol�+ _. �-_._
<br /> =�'�''��1 .`�.,���`�.: (Bfllie t�eer� i' ) Trwtor Hwberd —
<br /> . .. _. �� �
<br />� '`�`f:,:" �� (Therasa J. ) Truswr Wifo
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<br /> � � DEEO OF TRUBT WITH FUTUR� ADVANCEB � _--
<br /> ,,;.;,.. :.,�cs,,.�:.
<br />�� " '� `-"`° ' " THIS DEED OF TRU3T,fs made as ol the_3C[L dey ol � �° -. 1492.by end amonp =__
<br /> t; �
<br /> � �_—_-
<br />��:y�` � ��� �---- -- l�- Billi Dean & J. W ight ---
<br /> ,
<br />�.:. �S:�t':�;;�,�;'�. the Trustor� use oE the othQr. 45�1 - ---
<br /> t�t�•oti`;:�:•., -..', al�d 88 9p� 81_6 W �h Ct_. Grar�d Ialand NF F,F1Ei07—
<br /> L'.�;� , ,�+.t�,�ts�. , whos�rr�lllnp address is r erein"TrusW►,"whilhw aw or mon)� �,•;
<br /> �,. �-,y.
<br /> d�� --"°'c{..,,'`- Ffve Pein a Aank A Ne�aska Co ration
<br />�41T��; - •`• tha Trustee, =--;.--
<br /> 7�'� _ P O HOX �cna n..s...o reln�. t� C�1F192 (herelfl"T�usWY"1.61td ��,.,��`
<br />� •.r,' whoso mellfnp eddrees is �;�_=--^-�'?
<br /> . 1° � the eenenc�a►y, Five P�ints Bank • ���;
<br /> :� • �
<br /> ''`-' � � P O. AoX 1507. Gcarid I81and, I� 68802 (heroin"Lenda'y �r��-
<br />'v�..;y " , '. ,t' •� whose mallinp eddte�s is ��_
<br /> ,, ,,.;�,:� .� • _�_ti•_�_
<br /> 1��,• : � '+'•. , • FOR VALUABLE CONSIDERATION,includinp Lender's extenslon of credlt identllied herefn to � ,,�,__
<br /> :F:. ' '�` Theresa J. Swanson� huabanc7 and vife =- --
<br /> �A 1 : . ,� � , (herein"Borrower",whether one or more�and the Uust herein creaWd,
<br />.f. �. the receipt of which Is hereby ecknowtedped,Trustor hereby irrevocebly grahts, transfere,oonveys end aealpna to Truatee,IN _
<br /> .��.: � TRUST.WITH POWER OF SALE,for the benelft end securiry of Lender,under wnd aubject to the lerms and condidons hereinoftor iet
<br />'�.' . •. . !cK!le.lhe reel propeAy.deacribed e4 followa: _
<br /> f�`-- �ar,
<br /> .i�_.
<br /> � , . 4at 7� Block 16, Rollin's Adciition to the City of Grand island, Ha11 County. Nebraska. �N::
<br />:�l••�,•,' , . ' �C:�-•: �_
<br /> , .:'I. , ; �:
<br /> ° � , Topether with all buildinge,improvement&,6xturea,streeta,alleys,passayeways.easements,rfyhta,privilefles and eppurte-
<br /> na�oes IoCated thereon or in enywise peAaininp thereto,and lhe rents,iasues and prolits,reversions and remelnders thereot,and
<br /> + . .+.; , euch peraonal propariy that ia atlached to the ImprovemeMS so as to constitute a fixture.includfng,but not limited to,heating and �li'�.--
<br /> , • coolinp equipment;and topether with the homestead or marital inlereats,if any,whlch intereata are hereby released and walved;all �.�
<br /> � 01 which,Includln�replacements and addltlons thereto,is hereby declared to be a parl of the real eatate secu�ed by the Iion of thi4
<br /> �• � Deed ai Trust and all ol the forepoinp being reterred to herefn as the"Property". _W_
<br /> ��.t:>_
<br /> � � This Deed ot Trust shall secure(a)the payment ol the pnncipal sum and interest evidenced by a promisaory note or credlt f. �
<br /> F
<br />' � ���•� '� January 3� 1992 ,having e matur�ty date ot J��� 3� 1997 , I.:�_�:`��
<br /> �_ , .. • apreement dated ['.`�- -
<br /> -..,,��.�-
<br />�r'''�' `' In the original princlpal amount ol S 4,523 50 _ ,and any and ell modfGcatfona,extensions and renewals :�t,�„
<br /> ' � thereoi or thereto and eny and alt luture edvances and readvences to Borrower (or eny of them il more then one)hereunder �
<br />�`•�"��� • " pu�suant to one or more promissory notea or credit agreements�hereln called"Note"):(b)ihe payment of other suma advanced by
<br /> ' • ' ' Le�der to protect the securfty of the Note;(c)the pe�lormance of a��covenantg and agreements ot Trustor set lorth herein;ar.d(d►all .
<br /> � . present and future fndebtedness and obliyations af Borrower(or any of them i1 more than one)to Lender whether direct,indlrect,
<br /> � � ebsolute or Contingent and whether arlsfng by note,gueranry,overdraft or otherwfse.The Note,thie Deed ol Truat and any and all
<br />� " other docuente lhat eecure the Note or otherwise execuled In connectfon therewfth,fnclud�ng wfthout limitation yuaranteas,securfry t�
<br />.. . . , ay�eements end assignments of leases and rents,shall be referred to herein as the"Loan Instruments". �__
<br /> � Truelor covenents and agreea wlth lender as lollowa �;,r-,
<br />� � � t. P�ym�nt o1lnd�bt�dnns.All mdebtedneas secured hereby shall be pa�d when due
<br /> � 2. Tftl�.Trustor la the owner of the Property,has the r�ght and author�ty lo convey the Property,and wanants that the lien �
<br /> Created he�eby Is a firet and prfor lien on the Property,excepllor liens and encumbrances set lorth by Trustor fn writing and `
<br /> " ' deUvered to Lender be(ore executlon ol this Deed ol Trust,and the executfon and delivery of thls Deed of Trust doea no1 vlolate eny
<br /> �:'�•� ��' contract or other obligation to whlch Trustor Is sub�ect. �
<br /> ' •,;1t` .
<br /> � 3. Tax��,Asw�sm�nts.To pey betore dellnquency all taxes.sFeciai essesaments and all other charges against the Properry a�
<br /> • � now or hereaMer levled. . '
<br /> 4. Iniuranc�.To keep the P►oparty�naured aga�ns�damag�Dy t�re.nazards�nclutled w�tn�n the term�'extendad coverage",and
<br /> ' ' such other hazards as Lender may reqwre.�n amounts and with com0anies acceptabie to lender.naming Lender as an addilional ,
<br /> ,''�`'�' named fnaured,wlth loss payable to the Lender.In case of loas under such pollaes.tne Lender�s author�zed to ad�ust,colletl end ,
<br /> ' '�' compromfse.all claims thereunder and sha11 have the option o1 apply�ng a�i or pah of the msurance prxeeda(i►to Any�ndebtedness
<br /> aecured hereby and m such order as lender may determme,l+�)to the Trustor to be used for the repa�r or restoratlon ol the Property
<br /> '' or(li�)tor any other purpose or ob�ect sat�sfactary to Lender w�thout aHecung the I�en ol th�s Deed of Trust for the full amount socured
<br /> hereby before such payment ever took place.Any app��cahon of proceeds to mdebtedness shall not extend or poatpone the due
<br /> dete of any payments under the Nate.Or Cure any default thereunder or hereunder
<br /> 5. BsCrow.Upon wrltten demand by Lender,Trustor sha�l pay to lender.in such manner as Lender may des�gnate,suflicient
<br /> . .,..i��o�..�i,.W�.,., ul�II fAYAA AASASSRIB0�8 80f�O�FIQf CI18fQ08 8J8�118�
<br /> . _--:- .. .— SUf118 t08f18D191.@nUer iopeynn ii�ar`ve�,'v�..�u::c�^:.::.^'.�'..-....-._.._.... � .._ .. . .
<br /> the Property.p�)the premiums on the property insurance reqwred hereunde�.and 1���)the premiums on eny mortpaye�nsurance
<br /> required by Lender.
<br /> 6. Malnhnane�, RopNn and Complianc�wlth Law�.Trustur shail keep the Property in good condit�on and repa�r:sha11
<br /> � pramptly repolr, or replace any Improvemenl wh�ch may oe demaged or destroyed. shall not commrt or perm�t any waste or
<br /> delerforetfOn 01 the Propetty:shall not remove,demolish or substantielly alte►eny Of the�mprovements on ihe Property.shall nul
<br /> commlt,sufte►or permit any eCt to be done�n or upon the Properly m wolat�on ol any law,ord�nance.or regulat�on,and sha11 pay and
<br /> prompUy d�scharye at Trustor's cost and expense all liens,encumbrances and charqes lened,�mposed or assessed aqamst the
<br /> • p�ppeAy or any pert thereof.
<br /> • 7. Em�n�nt Do�n�ln,lender�s hereby essi9ned all compenset�on,awerds,damages and other payments or rel�el(here�nafter
<br /> "Proceeds")In connection wlth condemnatfon or other takmg ot Ihe Property or pa►t thereol,or lor conveyance�n lieu ol condemna•
<br /> � Uan Lender ahall be enGtled at its option to commence,appear fn and proaecute m�ts own name any acUOO or proceed��gs,end
<br /> shail alao be enlltled to make anY compromfse or 8etllement in connecuon w�th such takm9 or damage In the event any pordon ol
<br /> M�L 14671Mauytu��u.��OMC�11�.1 O!! �
<br /> �11M IWwnN H�►d Can�wn Tr„w Md 5�.,�0�A�wc,N�on L.�can N�b�w
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