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<br /> • Nak�flf� �E�c��- - �RASUD ISI.ANi� -
<br /> 22t 5outh Lccu�t st., P.�. �x 1009 _
<br /> Grand Wand, Ne6raska �88�2-1009 —
<br /> a�^o-3�2-C.^..^..'3 +�3" i'�� r�a. �:
<br /> �►GI�NOWLEDGIUIEt1fT YQ DEED OF �Rl1ST' �_
<br /> �'ha unde�ripned'Trustor` as Ed�nt�Nmd I� the tatlowinp Dead af Trust. v�hethur one o�more,underct�nd that ttw --
<br /> docum�t thay ers sbout to sxecuts is o Deed of Trust and not s martpaqa,and that ttw power of sale providad for _ .
<br /> in the Deed of Trust provides substsntia!!y difterent right9 �tu1 abliaations to t1w Bor�ows:s than A mortpn�e in ths ry
<br /> ev�nt cf s detault or brsach of�bllgetion undsr the Uee�i of Trust, includin�.Dut not limitsd to,the Be�eficisry's riyht _
<br /> to Aava the Property idantifled tn the follawinq D�orJ of Trust sold by the Trustw v�ithout �ny judir.ie! p�vcs�ding.
<br /> Trustor reprssents and w�r�ants that this Acknowledpment ww execut�d by them baforo t axeculL�of ths Daad
<br /> af Trwt hetsaRa �t forth. � � �
<br /> XAA�Dt li NABITY
<br /> HOME E�IUITY LlNE DEED�F TRUST . 1996 �tW�n
<br /> THIS TRUST DEED msde thls eT� day of
<br /> 1C�A�i M 1t71➢ITY. a►s� v�sox
<br /> hOfsMsher caU'T�ustor', whoss m�iling addrYSS is 1809 S INL'�I+LS. GA]�D1D ISLA2m, NS 68803
<br /> ;es"Trustso";and Home Fsdard Savinps and ktau►Assodat�llon of Grand Island,whw�ra
<br /> rnailing sddress i�221 South �ocust. P.O.Box 70Q9, Grand Island, N�brsska 68802, as'Beneficiary'.
<br /> For valasbfe conaiduation.Trustor irrevocsbly yrents. t►ensfere, conveys and assipns to Trust�+e, in trust,with
<br /> pow�r of sate,to�the b�nefi4 and securiiy of Bsna�ciary. ��s�lj�a tha te�ms e�d�°nditions of this Deed
<br /> of Trwt,ths tollowinp dsscribed propertY loc�ted in '
<br /> NeE�raska,to wlt:
<br /> rar �a Ia). er� Two c2) . wssT s� ua sscorm xDaiss�a.� � � c=Tx
<br /> OP GR�ND IsLAND, I3�LL COUN,'Y. N�BRASItA. _
<br /> tosatt�sr with dl buildinps,fixtures,improvsma�u and appuner.ances thereunto belon�ing,it b�inp a�resd that aW�F
<br /> the forsQoin�:hai!ba herei�e�ftsr referred to a:the'Property"•
<br /> FOR THE PURPOSE OF SECURiNG Qertormance oS each apr�ment and covanant of Traisto�harQi�contein�d and
<br /> ths payment of the pruuipal surtt of '�'M � °0�� ° �O��S
<br /> Dailars (� �o,000.oo ti. es evidencsd by a Homs Fsderd Home Equity Loan Agreem�nt between
<br /> Trustor and Beneflciary(th�"�oan Ayreement'1,p�suant to which Bensficiary w1U sdv�funds to Trustor from tims
<br /> to time at the intersst retes and upon the terms �rovlded therstn, togetha with any sum or sums of money wlth
<br /> interest thsraon whlch may t�ereafter be psid or advencsd under the terms o'E this Daed of Trust, boih princip�l sum
<br /> �nd fntarest the�son being payable eecording to the terma set torth in the Loan A�reement, refarance to which is
<br /> l��by made,at th� offic:�of ths B�'iciarY in Grand Island.Neixaska, or at such othsr placa�s 6sneficiaN may
<br /> desipnate in writin�. �
<br /> TRUSTER AND BENEFIClARY COVENANT ANO ACR�f AS FOLLaWS:
<br /> �, Vy�ty ot Tid�. Trustor is iawfWly seized of the Property; hss�oo�d �lght and lawful auihority to s�q and
<br /> - conveY the Pr��+; � Proporty �s free arid cba: of a11 qe�s end encumbrsrsees �xc�pt liens now of racord; and
<br /> 7rustor wiU warrant snd dafend the titie to ths Proporty unto tha Trustse ond its sw:cessora end assiyns fo►ever
<br /> – saainst the daims of all persons.
<br /> – 2, Paynwnt of P�incipal and Int�nat. Trustor ahat!punctuaUy pay the prindpal of,and interest on, all advances
<br /> = under tfia Lom Aprssmsnt snd will punctually perforrr�d!spreements,conditio�s and provlsions of any otha security
<br /> – insuument �iven+n connection with this uanssction.
<br />- g, pns�nratbn and �Aaint�nanc� of Pirop�rty. Trustor will not commit any waste upon the Property at wili, at
<br /> al! times, ma�ntsin the�une fn good order u�d condition and will maka, from tinse to time, atl repairs, renewals.�
<br /> – replscsm��ts,additi–`as snd improvementa which aro rossonably requirad to prevent waste,impairment a deteriorstio�
<br />_�. of said propertV• No�'u►ildir►9 or improvement now or hereafter arocted upon the Property sf►all be sltered removed
<br /> �? or dsmo;i�hsd without the prior written consent of Bensficlary.
<br />••� 4, Inuu�r►q. Trutta.at its expense,wil!msintai�with insurers approved by Beneficisry,insuranco with respect
<br /> � to tfw improvsme�ts end parsonal properry constituting the Property egair►st loss by tire,li�htnic�g,tornado and other
<br />�'i� perils coversd by standard axtanded coverage endorsement in sr�amount equal to at least ona hundNdpqr nt of the
<br /> �' ful{replacsment vatue thereof,and insurance aQainst such other hazards end in auch amaunt as�tis c�Wht� itV carried
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