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<br /> =�'�'`� ACKNOWLEDOEMENT OF DEED QF TRUBT
<br /> —_._ - ���� ' �
<br /> -=-°—�--°-�*��,�,}.;� TRUSTOR FiEAD THIS BEFORE SIONINO:
<br /> --�_��',..��;i' Trwtor unMntand�that the dooummt th�t TNStor b+�bout to�x�aun Is�D��d of Tru�t�nd no1�mortpap��nd tlud th�powK --
<br /> _�,� �, ��� ,,,,� oi�i�provid�d for in th�DNd of Trwt provldss wbsq�nUally dlflsnnt rl9hb and aDll�atl�nt to Tru�ror th�n a mortatp�In th�w�nt
<br /> of�dsl�ult or brach o1 obll��tlon undsr ths D�ed of Tru�t,Includfnp,but not Ilmited to,the L�nd�r's rlpht W h�v�th�Prop�rry sold _
<br /> „� i � ��•--•�• by th�TrustM without my JudlcfN procsedlnp.Tru�tor npr�Nnb�nd war►anb that thh�aknowl�dpu�nt wRt�x�eubd by --
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<br /> "�f��y4 T l r u a o r b N o n t M�x�c u tl o n o f f h�O N d o 1 T►u�. • _ �� � --
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<br /> ��R,rxy���°� � �ta Huabt��td
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<br /> ;;ayra`t'.r:,:�..,,� /�h.,.s.s-n ���-,���.tE*s�_
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<br /> SiIARON s L311��ST011T}y�� e
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<br /> . 3ii��71.1� -".. ,.. - .
<br /> ��•���+ ` • � OEED OF TRUST WITH FUTURE ADVANCES =
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<br /> f s��`"" �"`"" THIS OEEO OF TRUST,is made as of the i6th ��y o� J�• ,19�by and empnp
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<br /> ,.�_-'�;---�,µ;-� . JA1168 D LIYINtiST08 i SHAROIi R LIVIIi[iBTON � huab�ad �nd •if� __.�
<br /> - ,�:fjr'� �:;.�•,)L�� the TruaWr. '
<br />- '•'�" � "��, 4405 Quail Gane ��� is� NE ��1-BS15
<br /> �;..��,�;;�•: • 's•.• (1wrNn"Trusta;'wh�tha an�or mar�,
<br /> --,.,�i t�-....^'� , who�mailinq eddress i9
<br /> - =���°-"` Rive Po1Ala B�nk, � N�br��k� Corpor�tion �
<br /> �: `�" ~.- the TruaWe, '
<br /> .,r_:;�5� —
<br />- � "�'�� P.O. 8ox 13�7 [isand Island, dE 69602 --
<br />_ ., whoae mallinp addrass ia (hereln'T►ui�'1,and =_
<br /> ��.`' tha Benefiaiary, Fi�� Point� B�nk , _�
<br /> 'I����`-"�"��• � • whose maHinp address la P.0. 8ox 1507 tir�nd I�l�nd. N6. b8B0Z-1307 (herein"Lender"►. -
<br /> ��; � � JAMES D LIVIN087'011 =_
<br /> �., • FOR VALUABLE CONSIDERATION,includi�p Lender's extension ot credit idenUflod hereln to __
<br /> ' i SHAROM [t LIYIM�iBTON� Huaband & Wife
<br /> � ;: $ (hereln"Borrower",whether one or more)a�d the trust heroln creaWd, __
<br /> ��� t. �� .� - � the receipt of which Is hereby ecknowledged,Trusto�hereby irrevocebly prenta,transfers, conveys and aaalpna lo Trustee,IN =-
<br />',:. ��,�:���. THUST,WITH POWER OF 3ALE,tor the benefit and securiry of Lender,under end subject to the terms and condllions hwelnatter�et
<br /> ° — - Ta =f= i�ALL OF�LOTS SIXTErEN�16)��EI6NTEEN (181� BLOCK FIYB �SIr COL�.6(ib: A6Dif10K 10 _
<br /> - :�,`.: ;;, MESTLAMM. 1l�I.L COUItTY. MEBRASKA.
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<br /> ' Together wlth ell bulldinps, improvements,tixtures,streeta,alleys,passageways,easements,rights,privlleges and appurte-
<br /> .,,,;' � � nances(ocated thereon or in anywise pertalning thereto,and Ihe rents,Issues end profits,reversions and remaindera lhered,end
<br /> - , , � suoh penonal prope►ty thet ie attached to the improvements ao as to conatltute a Ifxture,includinp,but not Ifmlted to,heaUnp and --
<br /> -�-� i• eooflnp equlpment;and together wUh the homestead or merital Interests,If any,which Interests ere hereby released and waived:all , __
<br />- ��a - • of whlch,Includlny replacements and additlons thereto,Is hereby declared to be a paAof the real eatate aecured by the lien Of thl� _
<br /> � �a• '�, Daed of Truot and all 01 the fore�oinq befny referred to herein es thd"Property".
<br /> ' � �' --
<br /> I;; �1r, Thfa Deed of Tru4t shall secure(a)the paymenl of the princlpal sum and intereat evide�ced by e promlasory note or oredit
<br />� ��� '��- ���� J�nu�ry 16th 2N2 �
<br /> _ „ ��. ay�eoment dated J�nuarv 16th 1992 ,havinq a maturiy date ot .
<br /> .`r',' . ,. 135�000.00 -
<br /> ' • in the origlnel princlpal emount of S .and any and all modificatlons,extenalons and renewals —
<br /> _- - �,', there�l or thereto end any and all tuture advances end readvances to Borrower (or any of them if more than one)hereunder _
<br /> - - F ,�;• pursuent to one or more promissory notes or credit agreementa(herefn called"Note");(b)the payment of other sums advanced by _
<br /> = ,n' Lender to protect the security of the Note;(c)the pe�formance ol all covenants and agreements of Trustor set forth herein;end(d)all ■
<br /> present and luture indebtedness and obligations of Borrower(or any ollhem if more than one)to Lender whether di►ect,indirect, ��
<br /> ^ • ' ebsolute or contingent and whether arlsing by note,guaranty,overdraR or otherwise.The Note,thfs Deed o1 Trust and any end ell �?
<br />`�;:�.�: ;,� . other docuents that secure the Note or otherwfse executed in connection therawith,fncluding without Ilmitetfon puarantees,securly _
<br /> � �� .��. ' ayreements and essignments of leases and renta, shatl be referred to herem es the "Loan Inatruments".
<br />_�=�"• .'� Truator covenants and agrees wNh Lender as follows:
<br /> ;� �� � .'' 1. PqnNnt ol Ind�btMnNf.All indebtednesa secured hereby shall be paid when due.
<br /> �2� 2. TIU�.Trustor is the owner ot the Property, has the right and aulhonty to convey the Propeny.and warrants that the Hen -
<br /> ' created hereby Is a flrat and prior Ilen on the Propertyr,except lor Nens and encurnbrancea sef forth by Trustor fn writinp end —
<br /> '. dellvered to Lender belore exeCUtlon of ihis Deed of Trust end the executicn and delivery of thls Deed ot Trust does not vlolate any _
<br />- conVect or other obligatfon to which Trusror Is subject. __
<br /> 3. Tsx�s.AsNtsm�nb.To pay belore delinquency ail taxes,speclal esseasmenta and all other charyes a9alnst the Properly _
<br /> ' now or herestter levled.
<br /> 4. (nsurane�.To keep the Property insured against damage by ilre,hazards included wrthm the term"extended coverage".and _
<br /> ' suCh oth6r haxardS as Lender may requ��e,in amounts and w�in compames acceptabie to Lender,nammg Lender eS an addit�Onal
<br /> ;,, � � named insured,with loas payable to the Lender.In case ol loss under such polic�ea,the Lender�s euthonzed to ad�usR collect and
<br /> compromise,all claims thereunder and shall have the optfon olapplyfng all or paROl the maurance proceeds(f)lo any indebtedness
<br /> secured hereby and In such order as Lender may determine,(il)to the Trustor to be used tor ihe repafr or restoration of the Property I
<br /> ' or(ilf)for eny other purpose or object setlsfactory to Lender without aHeCting the I�en of this Deed of Trust lor the full amount secured
<br /> hereby betore such payment ever took place.Any appHcetion of proceeds to�ndebtedness shall not oxtend or posfpone the due l
<br /> date of any payments under the Note,ar cure any defeult thereunder or hereunder. ;
<br /> . 5. E�crow.Unon wririen demand bv Lender,Trustor shall pay ro Lender,in such manner as Lender mey desiqnate.sufliC�ent �
<br /> _ �
<br /> � suma to eneble lender to pay as they become due one or more ot the following:Q)all teMes,assessmems ana omer cnarges epamac
<br /> �� lhe Property,(ii)the premfums on the property insurance reqwred hereunder,and(If�)the premiums on eny mortqaye msurance �
<br /> roqufred by Lender.
<br /> 6. Matnt�n�nc�. R�paln and Compllanc�wlth Laws. Trustor shall keep the Property in flood condit�on and repalr; shell E
<br /> � promptly repalr, or replace eny Improvement wh�ch may be damaged or destroyed: shall not commd or permil any waste or �
<br /> � deterloretlon o1 the Property;shall not remove,demol�sh or eubstantially aller eny ol lhe improvements on the Property.shelt not
<br /> commlt,suller or permlt any act to be done In or upon the Property fn violation of any law,ordfnance,or regulation;and shall pay and
<br /> promptly discharge at Trust�x'a cost and expenae all liena, encumbrances and charqes levied.�mposed or assessed apamst the
<br /> Prope►ry or any pert thereof.
<br /> 7. Emin�nt Domaln.Lender fa hereby asslpned all compensatfon,awards,damapes and other paymenta or rel�ef(here�nalter
<br /> "Proceeds")in connectlon wlth condemnatlon or other tak�nfl of the Property or part thereol,or lor cor.veyance fn I�eu of condemna- �
<br /> " tlon.Lender ahall be entitled at its optian to commence,appear in and proaecute in its own name any actfon or proceedlnqs,and
<br /> ' shell also be enHtled to meke any compromise ar sedlement in Connection wllh such tak�np or damape.In tho event eny patlon of
<br /> N�C SA611Nawp�nrturN M�01�«10•M
<br /> 01/MNM�oM1��NMCaMwphup�ndShnrp�Atsaerlron 4neoln N�UrW�� .
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