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<br /> ��'�� ���-:=:,-��: °.,, ACKNOWLEDGEMENT OF DEBD OF TRU88 2� �c�
<br /> •��''!'.!� ��as-
<br /> 1��� ". :
<br /> �t•���;,. TRUSTOR READ THIS 9EFORE SKiYINO: — --
<br /> .° ' '�• ���'� TtuoWr und�nLnd�tl�at Ihs docummt that 7rustor la ebout to �e is a Deed ol Tru�t and�ot a monQepa and that th�pow�r
<br /> ,�. �
<br /> of sale provldM(or In ths Drsd of Tru�t provfdes iubatanUally diHerent i�flhts�nd oblip�Non�to Tru�torlhen e mprt���s In lha avent
<br /> � ol�dsloult or bn�ch of obl i�Ulon under the Oeed of Trust,Includinp,but not Iimlied to,the Lender's ripht to have the P�operty aold �
<br /> �. �. . by the TruaUs wlthout any Judiclol procosdfnp.Tru�tor ropreeenb And war�ant� tlw�t thls aoknowlvdq�mlant wai oxopuWd by
<br /> Trustor Mforo the exeeudun ot the Daed ot Trust r - • _ _...._
<br /> . _ � 1 c 1���._ . , �.�.�, � _ ��-__,.i�_
<br /> �a �� �'^�'.,3� h��l H John�OQ T tor [�, ,•._-
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<br /> -- � u ' •� ' / / L��.i:.:_
<br /> l�rilyn JohnAOn ►urtar _
<br /> . . o.;;�.
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<br /> , " • � DEED OF TRUST WITM FUTURE ADVANCES �,�;,s_--=
<br /> � '�� THIS DEED OF TRUST,fo made as ol the_lfith-day of �.19_92,by end amonp —.
<br /> R r;=--
<br /> ;�,...i o-..a . ��
<br /> the Truotor, Miaha�l H John�o_n i Nnrilyn K Ju on hu�bond ond �iiQ _
<br /> � ,� .' DonipAan !iE 6BB�2 `-
<br /> ° ' " Rout� i Box 101
<br /> � ,S, � _ whoso mailinp addre�s la (herefn"Truelor;'whet er one or moro). -
<br /> � "������� q' Fiva ointo Bank A N�braok� Cor oration . F-- - - -
<br /> ,�r Aj the Truetee,
<br /> '��M��'• P.O. Box 1507 Grand Ialand. NE faB90Z �herem"Trustee"),and o
<br /> '��''� 4, r , whoae meillnp eddrese Is =
<br /> � ' the BenetiClery, Fiv� Potnts B�nk ' �`•�-��---
<br /> r.c-_--_.
<br /> ��+s`�t±w�___
<br /> � P 0 Box�.�i@7 Grand I61at�d. NE, 68802-1507 �herem"Lender").
<br /> ' whose mailinp addr�s is
<br /> lfiah�oi H Johnoon
<br /> FOR VALUABLE CGi��IDERATION,fncludinp Lender's extension ot credit identilied herefn to .--
<br /> � � • 6 Maril�rn K Juhnron (nerotn "8orrowcr",vrhether one or rnore)end the trust hereln crealed, � -
<br /> . .. .__..>,_.
<br /> • �.. •
<br /> the receipt of whlch is t�ereby acY.nowledged.Trustor hereby irrevocably g�ants,tranafers,conveys and asslgna to Truatee,I -- �
<br /> TRUST,WITH POWER OF SALE,lor the benetlt and aecurlty of Lender,under and sub�ect to the terms end condilbns hereineRer aet _ _
<br /> � brth,the real properly,deaonbeq as ioflows. —° --°— --
<br /> ' •SrQdf'o Idlo AcrN• Subdivioion �,.,.' '
<br /> � Lot tl
<br /> Tan�nto of RQwaining Far� Land Shall Hovo PerpQtual Riqht to Ingreoe and Eqroao
<br /> Throuph Exiotinq Dr3vQray. -
<br /> • To�ether wlth all buildinys.Improvements,lixtures,streets,allAys,passageways,easemenls, rlghts,privlegea and appune- ;. . �; ..
<br /> nances located thereon or in anywlse perteining therc+to,and the rents,�ssues and profits,reversiona and remainders thereof.and .�:�:..:;;r
<br /> ' � such peraonal properiy that is aUeched to the fmprovements so as to constitute a fixture,mcludmg,but not limited tc.heat�ng and ' � ''�h:�
<br /> ' , cooling equlpment;and togelher with the homestead or marital�nteresta.il any,wh�ch interests are hereby releesed and waived;all i
<br /> o i w h ic h,includin g re placemenlsand addltions thereto,�s hereby declared to be e part of the real estete 6ecured by the Ilen of 1h18 1 .
<br /> � , ;y
<br /> � � � Deed o1 Truat and all of the toreyofny being relerred to herem as the"Prope►ry". �•• - . T �,"'� _ ,
<br /> � i .
<br /> • • Thls Deed of Trust shall secure(a)the payment of the principal sum and�nterest evidenced by a prom�ssory note or credit �. �
<br /> Marrl+ 16*h i4� ,haang a matunty dale ol llarah 20th ��� --. : ' ;±)s��g•�:.
<br /> � �;�. . • ayreement dated — ' `•-`'��•`-
<br /> �-�i fn the origlnel prfnclpal emount of$ 10.000.00 ,and any and all modd�catlons,extensfons and renewals , + ��±.
<br /> _.._;,,,4.
<br /> • � thereof or thereto end any and ell luture advences and readvances to Borrower�or any ol them d more than one)hereunder ; � j�..��,
<br /> purauant to one or more prom�ssory notes or credlt agreements(herein called"Note").Ib►the payment ol other suma advanced by , �.,,.�,_.
<br /> Lender to protect the securlty of Ihe Note:(c)the pertormance of ol�covenants and agreements ol Trustor set forth herefn;and(d►all : ,
<br /> present and future indebtedness and obligations ol Borrower(or any ot them�I rt�ore than one)to Lender whether direct,mdlrect,
<br /> ebsolute or contingent and whether arising by note,fluaranty,overdraft or otherwise. The Note.lh�s Deed of 7rust and any and all
<br /> other docuent9 that secure the Nole or otherwlse executed m connecUOn Iherewilh,mcluding w�tho ut hmitatfon guarenleee,aecurity , ;�.,,,:�,.
<br /> - ' .J.�;S'�..__
<br /> ' agreements and asslgnmenta ol leases and rents,shall be relerred to herem as tFie"Loan Instruments". �
<br /> Truator covenents end agrees wlth Lender as tollows: '
<br /> ' 1. Paym�nt ot Ind�btaln�s�.All indebtedness secured hereby shall be pa�d when due. �
<br /> �: ' • 2. TNI�.Trustor IS the owner ot the Property,has the r�ght and authar�ty to convey the Prope��y. and warranta that the lien
<br /> :�, � created hereby Is a hrst and pnor Ifen on the Property,except for liens and encumbrances set torth by Trustor m wrltmg and
<br /> dellvered to Lender betore execution of thls Deed ol Trust.and the execut�on and del�very o�tn�s Deed el Trust does not vlolate any
<br /> contract ar other obligation to wh�ch Trustor is sub�ect. .
<br /> 3. TaxYS,A�settfn�nU.To pay belore delinquency all laxes,special assessrnents and all olher charges against the Property
<br /> now or hereafler levied �
<br /> � 4. InwranCe.To keepthe Properly�nsured agamst damage by hre hata�ds���uudud wdh�n�h�term"eztended Coverage'.and ,
<br /> such other htlzerd5 as Lender may requue.�n amounls dnd wlth campnnies.iccupta�l��W Lc�ndcr, n,immg Lc��dur�s in�tddiUOnal
<br /> '.F .. named inaured,with losa payable to the Lender.In case ot toss untler such pohcies,the Lender�s author�zed to ed�ust,collect and
<br /> Compromise.all cleims thereunder and shall have the option ot app�y�ng all or part o�the insurance proceeds(�1 to any indebt@dness
<br /> • or(I p for any ot er purpose orrob�ect satietac o y to Lender without aHecting the Iryen of th s�D edropTrust lor the lu'�amou�t secueed
<br /> hereby belore such payment ever took place Any appliCation o1 procoeds to�ndebtedness shall not extend or poslpone the due
<br /> date of any payments under the Note,or cu�e any defau�t thereunder or nereunder.
<br />. _..a�...� .,...�o. T.��o�r,r�nau nav ro Lender.in such manner as Lender may des�gnate.sufliGeM
<br /> ; •: _ . 5. escrow.vNu�i wi iiw��vo�-o�.�..���..--.. --•- - •
<br /> auma to enable Lender to pay as they become due one or more o1 the I��Ilowing��►au taxes,assessments and other cnarges agams�
<br /> I the Property.(��)tha p►emwms on the property msu�ance rpqwred hereunder.and(�ii)Ihe premiums on any mortgage insuranCe
<br /> requlred by Lender.
<br /> 8. M�Int�none�, Repars and CompllancQ wlth Laws. Truslor shall kuep the Property �n good cond�t�on and repa�r;shall
<br /> promptly ropafr, or replace a�y improvement wh�ch may be damaged or destroyed.shall not commd or permit any waste o�
<br /> I .� � deteriorallon of the Proporty: shall not remove.demol�sh or substantially aiter any of Ine �mprovements on tne Property.shali not
<br />� I commlt,suHer or permll any act to be done fn or upon the Property�n v�olat�on of any law.ordinance,or regulation;and snall pay and
<br />' promptly dlscharge at Truator's cost a�d expense a11 I�ens.encumbrances and cnarges lev�ed.imDOSed or assessed aga�nst the
<br /> Property or any part thereol.
<br /> 7. Emin�nl Domeln.Lender is hereby assigned 811 compensation,8wards,damages and olher payments or reliet(hereinaker
<br /> "Proceeds")In Con�ecUOn w�th condemnation or olher taking of thR Property or part It�ereol.or for cunveyance�n lieu of condemna-
<br /> � tlon.Lender shall be entftled at its option to commence.appear�n and prosecute�n �ts own name any action or proceedings,and
<br /> shell also be entftled to rnake any cOmpromise or settlement In Connectfon with such taking or damege.In the event any portion of
<br /> i
<br /> N8C31671Non�y.rcNlurHDNa1R�r10 BB
<br /> � O 1�M N�tro�d B�M ol Com�we�T��al�M S�vny�A��ou�uon L�ncWn NaM�e�e
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