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<br /> -- ' . ACI(NOWLEDGE�OENT OF DEED OF TRUST
<br /> -� � TiW8TOR READ TH18 BEFORE SIONINQ 92.� 1 O Q 6 5�
<br /> — Trustor und�rshnds that th�Eoeum��t th�t Tru�tor Is about to oxeauts is a OMd ot Trust�nd not a monp�p�and 1hN th�powN
<br /> � of wb pravid�d lor In th�DNd o1 Tru�t provld�s�ub�t�nd�lly dlHe�ent ri�hb and abNp�dons to Tn��tor th�n�mortpap�In th��vmt
<br /> ---� of a detault or bre�ch of obllp�Gon under the Dsad ot Tru�t,inciudinp,but not Ilmited to,ths L.endsr's ripht W h�v�the PropeAy iold
<br /> �— br ih�Tru�tN wlMout my judiclal proc�edinp.T�ustar repressnq and wananb that this�cknowbdpemont was�xN�u�W by
<br /> -;���°--�-�°"'� Tn�tor b�fon tla�x�aWon of tln Oad of T�u�L
<br /> �_ .� e-
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<br /> „�
<br /> —°;� _i:;t (Robert Hum atob �tor J Hueband r
<br /> - r:�rf��;'- � LL l �.11e ��
<br /> ���� °'�� aY aumistaa�to► wifQ �
<br /> ��,�'�`=� DEED OF TRUST WITH FUTURE ADVANCES =,
<br /> --���; '., �_....
<br /> �"��"'"� �;• , 24th 7an�r ,t9.�2..b enA amon e
<br /> °"'� 7.�'f'���• THIS OEED OF TRUBT,is rtwde as o}Me dey of .y Y �
<br /> ,T�. .�,.,.�,. ._t.
<br /> "_���vr...�..�v�•.�d!!fk_ rn.:';.-.
<br /> ,��;t�n;� �TN��p�, Rabert Humi�ston Jr and Juc9v E Hqmiatons hueband and wife , �_
<br /> � � :�+�'� whos�malNnp addre�a b Route 1, Box 174C• Cairo, NE 6882� a=�
<br /> erain"Truqtor;'wh�ther one ar moro),
<br /> :• ' =it_'. .r-_
<br /> � �- �T���, Five Pointa Bank, A Nebraska Coruoration _, —_
<br />--- 1�_�;o� --
<br /> _-,_,l..,. � ,;,-: :- „�.�..`� whosa maninp addro�s�. ° ^ B;+Y ��n�� Grand Ialand. NE 68802 (hereln°Tn,�'7.and �
<br /> �i:�
<br /> ' "�""�`''�`` the Bwieflclary, Fine Poi»ta Bank , __-
<br /> —_ . ., 't e ._..,
<br /> ' � .A: .. �E:::i'
<br /> °— � -�;±�.,�j�.;�,� � whooe maiNnp eddreas la p 0 Box 1507. Gxand I�land� NE 68802 (hereln"I.ender'7. tYt��
<br /> .- '•.t..:. ..,�T�� _.,
<br /> .'' ' :6�.��'.'°:Y'`yrr3. _'-•_
<br /> '���= ' ' � • va�_ FOR VALUABLE CON3IDERATION,��cludi�p Lender'�extension ol credlt identllfed hereln to Robert Humf Bton JC. enc] �""'
<br /> _cair!_ �'�`Gh .":''-"�� -
<br /> — ��"�,' �-�
<br /> m � ��� � � �ereln"Borrower",whether one or more)and the trust herein created, _-
<br /> —_' ''F'�`"' ' ''��.:` ' the rece pt of which la hereby ack�owledped, Truator hereby U►evocebly grants,trana}e►s,conveys and asslyns to Trustee,W ��•`-
<br /> '�`���.=`���'"�: ,� T R U S T,W I T H P O W ER OF SALE,for the trenetit and aecuri ry of Lender,under and eubJect to the terms end condltWn4 herelno(ter�et ___
<br /> -_- : `- ---- - forih,ihv reai properiy.describnd be toituwa.
<br />-=-:;� ; ' . s`'�� The Northerly One Half (N�) of Lot One (1) in Block Fifty Five (55) in �y:.
<br /> . ..•� ' the Ociginal Town� Now City of Grand Island, Hall Caunty� Nebraeka.
<br />` �,� . '.. . .. ��i�
<br />� �!�' � ° Topether with all bulldinps,Improvements,llxtures,slreets,elleys,passeyeways,eesements,rlghts,prtvllepes and appurte- - _
<br /> ��=�� ' • nences loceted thereon or in anywise pe►taining Iher9to,and the rents.Issues and prollts,reverslo�s and remafnders thereof,and ____
<br /> :^+� , .' • , • such peraonal property thet le atteched to the improvements so as to conatftute e flxture,includinp,bul not Ilmited to,heetinp and _ _
<br /> -- ' cootinp equlpment;and together with the homestead or marital interests.fl any,which interesta are hereby releaaed and welved;all • _
<br /> �t� • • of whlch,Includln�replecemente and additlons thereto,fs hereby declared to be e pan o1 tho real estete secured by the Uon oi this --°
<br /> _ ��..��;:� Doed ot Truat end all of the forepolny bein�referred to hereln as the"Property".
<br />__ ,;..�s.�..:.,..•
<br /> � ' ' " This Oeed ot Trust thall secure(al the peyment ol the principal sum and interest evidenced by a promisaory note or C�edit �'�"
<br /> : a �=�..
<br /> � �� R'� . a9reement dated Januarv 24, 1992 _,hevinp a maturiy dete ot �anuary 24, 1997 �;:
<br /> ;�,,, ,
<br /> :!: : r;�; � .. �=°
<br />_`?:-,. : �'ti��;�'•" - io the oripinal principel amount M 5.�5.020.50 ,and any and all modillcationa,extensions and renewals "��'�
<br /> � . "•�• thereof or thereto and any and all fWUre advances and readvances to Borrower(or any of ihem II more then one)hereunder �:�
<br />_��,j��: �� . " ^ ��" �, purauent to one or more promisaory notes or credit agreementa(hereln celled"Note");(b)the payment of other aums advanced by __.
<br /> : r ;:� �r~~'"' ` • Lender to p►otect the eecurity ot the Note;(c)the performance of all covenants and agreements ol Trustor set foAh hereln;and(d)all ��°-
<br /> ;� . � . � present and tuture indebtedness and oblipetlons of Borrower(or any of them it more than one)to Lende�whether direc�Indirecf. =`
<br /> abaoiute or conUngent end whelher erisfng by note,yueranty,overdraH or otherwise.The Note,this Oeed of Trust and any and all
<br /> � ' • other dxuentsth8t eecure the Note or otherwise executed In connectlon therewith,including without Ifmitation yuarantees,seCUrity �=T.
<br /> � ; ayreements end eseipnments of leases and rents,shall be referred to herein as the"Loan InstrumeMs". -__
<br /> •� Truator covenante end agrees with Lende►es lollows: _
<br /> b 1. Paym�M of Ind�bt�dn�s�.All Indebtednesa secured hereby shall be paid when due. ---
<br /> � • . 2. Tkl�.Truetor Ia the owner of the Properly,has the rfght end authonry to convey the Property,and warrant&ihat the Ilen
<br /> �� created hereby Is e Ilraf and prbr Ilen on the Property,except for liens and encumbrances set torlh by Trustor In writing and �w (
<br /> ' , delivered to Lender before executlon of thls Deed of Trust,and the executlon and del�very of this Deed of Trust does nof vlolate eny k
<br /> . , contrect or other oblfgatlon to which TruBtor Is aubject.
<br /> - • 3. Tax�s.bseurmnb.To pay before delfnquency all taxes,special assessments and all olher charges apainst the Property -. -
<br /> • �'� •' now or hereafler levled. ��,t
<br /> 4. Imuranea.To keep the Property In9ured agalnst damage by Gre,hazards mcluded within the term"extended coverage",and
<br /> •��', auch other hazerds as Lender may requlre,In amounis and with compaMes acceptable to Lender,naminy Lender aa an additionel
<br /> °t'r' nemed fnaured,wlth IoS8 payAble to thp l.ender.ln case ot loss under such po��aes.the Lender�s authorized to ad�uat,collect end .
<br /> Compromise,ell cleims ihereunder and shall have the opt�on of applymg all or part ol the insurance proceeds(i)to any��debtedness `
<br /> , secured hereby end fn such order as Lender mey determfne.(i�)to the Truator to i,e used lor the repair or reatoration of the Properry .
<br /> � �r(Iff)lor any otAer purpose or ob�ect saUSlactory to Lender without aMecUng the hen ol this Deed of Trust for the lull amount secured �
<br /> ' hereby before such payment ever took place. Any appllcation of proceeds to fndebtedness shall not extend or postpone the due
<br /> date ot eny paymenta under the Note,or cure any delauN thereunder or hereunder. �
<br /> - _ q R4NAW I Ifll111 WIIMOB(IORIA�If�I1V I AI'1AAf T/uft}ff�AFIAII DAV�O LN11AAf In such manner as Lender mev desianete.suHiclent �..
<br /> eums to enable Lender to pay ao they become due one or more of the following:(i)ell taxes,assesaments and olher charges apalnst
<br /> " �' the Property.(fl)the premiums on the property msurance reqwred hereunder,and liiil the premiums on any mortflaye ineurance
<br /> � •� �� requlred by Lender. ��
<br /> 8. Mdnbn�nc�, R�paln and Compllane�wllh Laws. Trustor ahall keep the Properry fn pood condition and repa+r; shall �
<br /> , promptly repalr,or replace any Improvement whfch may be damaged or destroyed; ahall not commit or permft any waste or
<br /> dete►loretlon of the Property:shell not remove,demol�sh or substantlally alter any ot the improvements on the Property:shall nnt '
<br /> .. commlt,suHer or permit eny act to be done In or upon the Property in vfolatlon o1 any law,ordinance,or regulatlon;and shall pay and
<br /> ,. � promptly dlscharye at Trustor's cost end expenae all lfens.encumbrances and charyes levled,�mposed or assessed eyainat the �
<br /> ••• � Properly or any part thereof.
<br /> � 7. EmlMnt Domaln.Lender Ia hereby assfqned all Compensetion,awards,damages and other payments or relief(here�naHer
<br /> ' "Prxeeda")in Connactfon wlth condemnetlon or other tak�n9 0l the Propery or part thereot,a lor conveyenCe in I�eu ol Condemna-
<br /> � Gon.Lender shell be enlltled at Ita option to commence,appear in and prosecute in Its own name any action or proceedmgs,and
<br /> '- shall also be entltled to makQ any compromise or aeqtemant fn connectlon wlth such teklnq or damaye.In the event any ponion of �
<br /> i
<br /> ' ' - N�C�671NonqrKUnwNMWIMvtON �
<br /> 0 1p�NN.pnN MN of Ca�..wa TruN�rW Sav�np�Mwcrtan l�n[an M��u•
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