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<br /> ;� �:.� '„ _, ACKNOWLEDGEMENT OF DEED OF TRUBT 92i 1��1�� �',�"�-
<br /> " � ' TRUSTOR RFAD THI8 BEFORE SIONINO: -`'�`W
<br /> .;�, n�e�YitNfw�w •�':! —.---
<br /> � �',1 , �� Trutlor undentand�thet the doaumont 1he17rusWr is about to axecute Is a Oeed of Tru�t end not a mortpepe and Ihet the power
<br /> • �� ol wl�provid�d lor In the Deed of Trust providee�ub�tentlelly dllferenF ripht�end obllpatlon�to Tru�tor then a mortpa9e In the event
<br /> ? ' of a dstwlt or bre�oh of obllpatlon under the Deed ol Trust,ineludlnp, but not Ilmited to,lhe Lender's rlpht to have the PropeAy�old —
<br /> � � by Ihe Trustee without any�udlclal prxeedlnp.Trustor represente and war n�e thet thls scknowlodpe nt wRS exeCUted by -
<br /> ° � Trwtor b�for�th�oxaauda:of th�Dwd ot TruN. 1 � .
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<br /> ` � .. OEE� OF TRUST WITH FUTURE ADVANCES _
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<br /> TFNS DEED OF TRUST,�s made as of the��...day of � .19_g�., by and among
<br /> ' � , : theT�uYbr, �a + � ���:�� �+�.T �-aTlt� �';ns. 7 7i qka hiq vife , __ _ _-
<br /> ...oi1
<br /> , �_�:_
<br /> whose maidnp address�s �4 B /Uhton Avo Grand Ial�ra�,erei�"Trust�P,"��b�al�r more), �..:�;�
<br /> �"",
<br /> • . . ��:�
<br /> �:�.� the Trustee. ' _ ---��..--.
<br /> � '�;.. � whose meilinp address is .� n peY t��� grynd Ieland NE 68802 (hereln "Truatee"),and �'�=
<br /> ,�.,'�� .
<br /> ' ,'r the BeneOciery, ' t •,R..
<br /> :�:.'',' , ''+:.:.r
<br /> �� whose moilinp address is (hereln"Lender"►.
<br /> FOR VALUABLE CONSIOERATION,including Lender's extenslon ol credit fdentitled hereln to " �Jf�����
<br /> ��u`• m��r
<br /> . .., :u,�--
<br /> vw..�.. R �+e�. (herein"Borrower",whether one or more)and Ihe trust herein created. " . ''•�:
<br /> the recelpt of which Is hereby acknowledged.Trustor hereby irrevocably grants,transiers,conveys and aseigns lo Trustee, IN � ,.•}.�u•�i�/�`
<br /> � T F i U S T,W I T H P O W E R O F S A L E,f o r t h e b e n e l i t a n d s e c u r l ty o l L e n d e r,under and sub jecl to Ihe terms end conditione herelnaRer set F `' .�;�{;.�"�"�_
<br /> ;.., fonh, the real properly,described as Idlows: 'y .
<br /> ^ ``� �' Lot Nu�ber SQVen l7) in Blook Nu�ber Sixteen 116) in H.I3. Clark'4 Addition to - � i���-'
<br /> � • � .. th• City of Lirand Iol�nd, H�11 County. N�breoka. �'�
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<br /> Toqether with all buildings,fmp�overnents.fixtures,streets,alleys, pessegeways.easements,rights,prrvdegea and appurte- : ,,�",� ;-
<br /> • , nances loaeted thereon or In anywiae pertammg thereto.and the ren ts,isaues and prohts,revers�ons end remainders thereol,and
<br /> such personal properly that Is attached to the improvements so as to constitute a f�xture,mcluding,but not Ifmited to,heaUng and
<br /> • cooHng equlpment;and together with the homeatead or mantal interesls,d any.which interests are hereby released and wefved:all �
<br /> ol wh ich,including replacements and edditlons thereto,Is hereby declared ta be a parl of the real eatete aeCUred by the Ilen of ihla � �
<br /> Deed of Truat and all of the loreyaln�being referred to hereln as the"Properly" (� ���':�'�
<br /> Thls Deed of Trust shall secure (a)the payment of the principe 1 sum and �nterest evldenced by a promfssay note or credlt � � � -
<br /> . a�reament dated —_—,heving e metunry date ol .___ • � �
<br /> • � ' ���� In lhe or inel rMcl el amount of S _��- .and any and all moddications,extensions and renewals � ��.,:�.
<br /> 'r:� .. �9 P P
<br /> . • thereof or thereto and any and all futur�advancea and readvances to Borrower (or any ot them if more Ihen One) hereunder "
<br /> � � pursuant to one or more promissory notes or credU agreomeMs (he{ein called"Note"►:Ib)tne payment ol other sums advanced by - _,_-
<br /> • Lender to protect the securiry of the Nole: (c)the perlormance of au covenants and agreements ol Trusror set forth herem;and(d)all ��i:��-
<br /> . preaent and luture indebtedness and obl�gations ol Borrower(or any of Ihem d more than one►to Lender whether direct,mdirect. '
<br /> , absolute or contingent and whether ana�ng by note,guaranly,overdralt or otherw�se.The Note,th�s Deed of Trusl and any and a�l
<br /> . � . . olher dxuents lhat secure ihe Note orotherwise executed m connection Iherewith,includ�ng wrthout hmilaUOn guarantees,seCUnly � . -•�.fr-
<br /> , ayreements end asalgnments of leasee and rents,shall be relerred�o herein as►he "Loan Instruments" ''�^�'"``�
<br /> Truator covenants and agrees wilh Lender as lollows: •
<br /> i � 1. Paym�nt ol Ind�bt�dn�ss.All mdebtedness secured he•eby shall be pa�d whon due
<br /> �� � ;�� ,. , 2.Tltle.Truetor�s the owner of the Property,has the r�ght and nuthonty to convey�he Property,a�d warranta that the I�en
<br /> ,�i,.; •. Created hereby I5 a I�rst and pnor lien on the P�operty,except lor I�ens and e��cumbrances set lorth by Trustor �n wnUng and
<br /> defivered to Lender belore execuuon of this Deed o�Tr ust.:�nd the ex ecul�on and del�very ot th�s Deed ol Trust does not vwlate any
<br /> Contract or other obligatwn to which Tru stor is sub�ect
<br /> � 3. Taxea,Asseum�nt�.To pay be�ore delinquency all t.�xes.spec�al assessments and all other charge5 aga�nst the Praperty
<br /> , � ' now o►hereaHer levied.
<br /> • � � 4. InsU1811Ci.TO keep the Property�nsured aqaintit dam.�qr by 1�re haz:i�ds ���dudeU wdh�n uir te�rm"ext�nded c:overaye".and
<br /> � � � suCh other ha2drds as Lender may requ�re.in amoums and witti companies acceptabie to Lender.naming Lender as an addNional
<br /> '�� � named Insured,wfth loss payable lo the Lender In case ol Ioss under such pol��ies, the Lender�s authonzed to ad�ust.collect and •
<br /> � compromise,allclaimslhereunderandshallhavetheopuonofapply�ngauorpartollheinsuranceproceedsU►toany�ndebtedness .
<br /> ' � secured hereby and m auch oider as Len der may�etermine.l��► to th�±irustor to be used for the repau or restoration of!he Property
<br /> or(iil)lar any other purpose or ob�ect sauStactory to Lender w�tnout aflect�ng the I�en o1 th�s Deed ol 7rust lor the tull amount secured
<br /> • hereby b@fore auch peyment ever took place.Any application ol proceeds to�ndebtedness shall not extend or postpone the due
<br /> �•�•t ' . � � , dete ol any payments under the Note,or cure any default thereund�r or hereunder
<br /> S:�: '� '�� 5. Escrow.Upon wntten demandby Lender,Trustor shall pay to Lender.m suCh manner as Lender may designate.SuHicient
<br /> .. . - ;.�:'.''. '•'� ' -'- ._ . ..... . . .. .. ..' --.�_. .----'� ----'._..._...�.ti.. �..u.......,.. ..�..n�.....a �acouemon�oon�inlhnrrharna¢aaa�nal .
<br /> . ••••.•� . •���� � 1l awi�ywvr�c�uin�a�wa���Nnyd����Crll�rlrVI��LYVCV��CV����Y�aiv����� •v..v��...n.�.�r• �
<br /> . "���. � Ihe Property,(Iq Ihe premwms on the property insurance requ�red hereuntler, and (ud the premiums on 0ny mortgage inaurance
<br /> . required by Lender.
<br /> 6. Maintenme�, R�peln and Compllanca wlth Lmws. T�ustor shall keep ihe Properly �n gootl condit�on and repau; shall
<br /> promptly repalr, or replace any improvement which may be damaged or dQSlroyed. shall not comm�t or perm�t any waste or
<br /> •s deterlOratiOn of the Property;shall nol remove,demol�sh or substantlally�Iter any of the�mprovements un the Property,shall not
<br /> comrnft,suHer or permlt any act to be don e�n or upon the Properry m v�olat�on ot any law,ordinnnce.or regulat�on,and shau pay and
<br /> promptly dleci►arge at Trustor's cost and expense all liens,encw.�brances and charges levied.�mpased or assessed agamst the
<br /> Properry or any part lhereol.
<br /> 7. Emin�nt Domaln.Lender Is hereby essigned ali compensalion,awards, damages and olher payments or rehef(heremafte�
<br /> "Proceeds")In connection with condemnaUOn or other taking ol!he Property or part thereol,or tor conveyence�n i�eu of condemna-
<br /> tlon. Lender shall be entftled al�ts optqn to commence,appear�n a nd prosecute in ils own name any action or proceed�ngs,�nd
<br /> shell aleo be entftled to make any compromlae or seltlement m connection wdh auCh tak�ng or damage.In tl�e event any porlion ol �
<br /> � NBC 7�6�1Nonpr�tunur�l OM01 N�r 10!8
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