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<br /> ' ` -t � . ACKNOWLEDQEMENT OF DEE�1 OF TRUS7
<br /> me�sroR a��s effor�s�aw�� � ,
<br /> ` Tru�torundsrstinQstl�tlhedocumenttl►itTrusbrisaboutbaxacuosLlaWadofTrustead�damo�ip{�and.tAistMePa+�►1!!;,
<br /> WsW Pro�tiMdl�intheDsrd ofTrustPravldessnasmn�difle�ent�i�bt�+and.oOlipatl�stoTn�ortban�{I�inthaa+nent�,;
<br /> Ma dM�eitorbtisch W o6l�ation ui�dsitl�s Oeea of Trust in�tudin�.but not l[mdedto.the lender's riyhllptM��the Froparh AObd...
<br /> — Oy ths T�ustN without ury IudictN P���n�.Truator mprefenb and wa�rants that thb a owtedy�(tenL+�ras exaW�¢f�lP•;
<br /> Trustor bda�e U�e exec�rtton of the,Deed of 7ruat - - - - - - - -
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<br /> -- • , ' _ ' .� rr� . . Sev T r , , l�lusbatid,:
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<br /> • Jero R. e ,� W �e � .
<br /> '�=Y_ . .. . • � .
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<br /> ` QEED�OF TfiUSi'WITH.FUTlIR�AOY/INCES - -_ .
<br /> n��s o�oF�Tausr,is maee as ocm� .30�y ar Januarv _ .�9�-.cy ana amqn�,�•: �—
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<br /> theTrwtor.u7��'*,v rv �.3.. ' ��`��eii,�s�'2i2� c_��r�S'.i�ban and wif�Qj . .. -� �u=-
<br /> ,. N� 6aaQ�,� �_�
<br /> • whcse mai�ng address is 505 West:.�iatis��x 34. _Grand Island.=�herein Tn�t4��",�Rther.oneo�mqleb:�, ==_=
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<br /> '�fB TfUi�El.,'.'...Ri vis i+oiRLn Haek 14 N�E�raska CO!Q;�"'at f drt . ��_
<br /> - �, . . - � P.O. Hos 15Q7.:GranB Island• NE 688Q2 . (hereia"Tcu�ee;•").�p�,�, � �'°�.-
<br /> - wlloss mafliir�aQdrees is . �,_—
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<br /> � f e Poi Hank , � `'""`°_
<br /> S�i.� � the Beneflciary: . . . A- -
<br /> , P.b. Box 1507, Grand Islaad� NE 68802 �`�"'"'t• _-
<br /> "�r • whae mai�tng address fs lhere�rt"1��"l,_),_ �;�::
<br /> .:;�` �� Jer�Y inl. SevST-_�&-.: . - -
<br /> � FOR VALUABLE CONSIDERATtON.including lenders extension of credil iden6red hereip to - �ti�.i
<br /> . � ��*;.', r =-
<br /> -=.6;�;.;.._,: . 3erolyn R. Sevy, husban@ and wi f�ere►R•�Banowe�',whether one ar mnre)apct thetrust haceir►��, �,.��, .�,_ _.
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<br /> �: 1��`.� .•:=, . the receipt ol whict�is here6y aCknowtedged,Tre��teE�^erehY irsevccably graats,transters.coaveYg:�nQ assigns to Trui�.�1 . - - • i
<br /> • f � TpUST.YYITHPOWEROFSAI.�,torthebenefitands�.cu'rt'�tCfFs�e►,urtderandsubJectwthetermsan�coadiUOashere�.n.�t�esset :�,y-:�,._
<br /> � µ ioM.the reat properly.described as foltow� , . , ,;. .- -__
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<br /> :`�t'- �-y::�, t . '- $ee Attach�ent °A" • •�=��:--
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<br /> � �f�yQE�•�l.� �'f��,`a - • ' ���,•�'.�,�,.'_:�-°
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<br /> Together with all�s��ngs,improvements,fixtures,streets,alteys,passageways,easements.right8,priviteges and appurte- r ; `` -
<br /> `'' � nances located therean ar;n anywise pertaining thereto,and the rents,issues and profits,reversions an4 remai�ders thereof,and � ��._.
<br /> `• �� �` such personal property�at is attached to the improvements so as to co�stitute a fixture,including,but nat limited to.heating and '',•'�-
<br /> . ` t�,;t any,which lntetesb are he►eby reteased and waived:all `•'r�_•*
<br /> •• ` .� cooling equipmenx and tagemerwiththe home�stead or mariWt iate:as . . ...• ,,_
<br /> 'S�fI�.J.Y L:�_�'
<br /> • •,� of which,inctucting replacements anQaddltions therero,is hereby decla�ed to be a part ot the real estate secured by the Iien of thls '_r;,:,.���.
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<br /> �,;„,°:F.•.•>-- Deed oi Trust•and all of 1tha foregoing being re terr e d to here ln as t h e"P r o p e rt y". . ���'1=�.-_
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<br /> . '.���--�� - '" ` This Oead ot 7rust rha:!secure{a�the payment ot the principat sum art0 iMerest evldenced by a promissory note or credit i . . _�--
<br /> ,::�Y. . � F• ' ' —_
<br /> - 4.`�"'�' ' 3as�uarv 30: 1992 Januat 28, 1995 , �; . �;"�r -
<br /> •;.'•:��:- `•�:- ayreement Cated ,having a maturity Qate of � - -.
<br /> ��,������ •� ��.nsa_�p ,and an 2nd ai1 moCit�cGtions,extensions and renewals "�� • �",•'�.`
<br /> ;.�<<�;r;:cf�;�r�;�_. in the or�qirat prna��t�"'ount o1 S Y ' ,. '-
<br /> �='�`a � ' there0t or thereto aad&rr��and all tuture advances and readvances to Borrower(cr any ot them if more than orte)hereunde►
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<br /> - rt 4 ; � � purauant to oae cr rt;are��omissory notes or cre�it agreements(herein called"Nate'j:(b)the payment of other sums advanced by : ;T.
<br /> • � Lender to prC:eet chesecuriry otthe Note:(c)the pertormance of all covenants and agreements of Trustor set torth herein;and(�atl . , ��-�
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<br /> '� •-��•' � present artd futcre ir,�ebtedness and obli ations oi Bo�rower(or any ot them it more than ane)to Lender whether direct,indlrect .
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<br /> - ��y�-�::"�"�t� � absotute ar cer,iingent and wheU�er arising by note,guaranty,overdrari ar otherwlse.The Note,this peed of Trust and eny and all z;�--:-
<br /> ''�}� ':; � �.. . ,other docuer.tsthatseCasrethe Note or otherwise executed in connection therewith,including withouf limitation guaranteas,securlly .;. �_
<br /> • ' '.Lr�r�r-':,. � . ^
<br /> ';s:'%'::,. , ' ayreements and assigrn^ents of leases and rents,&tt2�1 be referred to herein as the"loan tnstruments". .
<br /> - - - r wlth Lender as tcuc�ivs: . ��'.
<br /> � Trustor covenants art�!ag ees
<br /> � �� t. Paym�nt a1 trecE�t�dn��.All Indebtedness�a;�red hereby shal�be pai4 when due. f �
<br /> � 2.Titl�Trustor is the owner ot the Propertyr.ha3 tne right and authority to convey the Property,and Karrants that the lien �
<br /> � � Created hereby is e first and prior lien on tfie Property.exCept for liens and encumbrar.ces set torth by Trustor in writing and � :
<br /> � ;.� �:�...�`��`",�• ' delivereOtoLenderbe:oreexecutiono}thiaQeedofTrust.andtheexecutionanddel�veryoft�isDeedotTrustdcesrtotviolateany � ,
<br /> ;.. � contract o�otf�er obli�bon tv which Trustor is 9ubjec*.. � . � ..
<br /> � . • , 3.TixM,Ass�rtre�cb•To pay hetore detinquency a1t taxes,special asses�rre�•is and all other charge9 agalnst the Property ; .
<br /> • � now or hereafter levied. : �
<br /> •; ' ` • 4. In�wane�.To keep the Property insured against Camage by tire,hazarda inc�uded w�thin the term"extended coveiase'.an� ; . , •
<br /> sucA ather hazard�as Lender may requtre.In amounts and with companies acceptabte to Lender,rtaming Lender as an additional ; : �. ,
<br /> �}. � ``� named lnsured,with loss payable tothe Lender.In case of toss under such pol�cies.tho Lender�s authorizedto ad�ust.ColteCt and � _
<br /> • eompromise,atl clairr�s thereunder and ahall ha�e the option ot app�ymg all or part ot the insurance proceeda(i}to any indebiedness '� �, �•
<br /> ' . . secured hereby and in such order as Lender may determine,(ii)tv the Trustor to be used tor the repair o►restoration otthe Property � .
<br /> - . or(iii)foranyotherpurposeorobjeclaatis}actorytoLenderwithoutaifectingthelienotthis0eedotTrustlorthefullamountsecured '
<br /> � " � . � heroby 6etore suCh payment ever taok p�ace.Any application ot p�oceeds ta indebtedness shall not extend Oi postpone the due ;
<br /> n �. dste of any payments under the Note,or cure any default ther�under or hereunder. , " i
<br /> �-° • 5. Eferow Upon written demand by Lender,Truator shalt pay to Lender,in such manner as Lender may designate,suHictent i .
<br /> � .sumsto enabte Lender to pay as they become due one or more ot the foltawing:(�)ail taxes,assessments and other chargas aga�nst
<br /> ' ". the PropeAy.(il)1he premiums on the properly inswartce requi►ed hereunder,and(iii)the premiums on anq moRgage�nsu�ance � �
<br /> � . � � required by Lender. `: . •
<br /> • � • � • 8. MaMiNnana.R�paira uid Cort�pNana�wlth Lawa.Trustor shal!keep the Property in goad cOn�ition and repatr,�shatt ;
<br /> � ' . prompUy tepair. or reptace any improvement which may be damaged ar Qesboyed:shall not commlt or permit any waste or
<br /> ' -- • ' • QetetloraUan at the PropeRy:sha0 no!remove,demotisb ar substat►Uatfy aRer arty ot the improvement3 on the Property:shall not
<br /> commlt auHer or permit any actto bedone�n o�uponthe Property in v�otation o1 any law,ordinance,or r¢gutaNOn;and ahati Pay artd
<br /> � � ' , promptly diacharge at Trustor's cost and expense all liens,encumbrances and charges tevied.imposed or assessed agaln�t the
<br /> ==---— _—===-.,_� - - p�optrt�or sny pett-lheteal:- -- - - ---- - - ----- - - - - - - --- - - �--.-, -_--—
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<br /> 7. Emin�nt Oomain.Lender is hereby assigned all compensation,awards.damage3 and ather paymenls cr rettef(nereinafter� ,
<br /> "praceed�"►In ConnecUan with condemn�tion ot othertakingattheProperty dr panthereot,vr for canveyartce in lieu ot condemna-
<br /> � tion.Le�der shatl he entitted at its oOUQ�to commence,appear in and prosecute in its own nem�8ny actcon ot p�oceeding9,and •
<br /> __----- -- .- sh81!atao be e�itiUed to make eny comprumise��settlerhent ln connectlon with such taking or damaga.In the eirent any porNon of
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<br /> . . o,lMtiM�a�rt.+.atamMrr,t,a�aros..w•aaoe�oa.w+eo�ex.a.�t. � . .
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