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<br /> 1 ,. . � , � � ACKNOWLEDGI�MENT OF DEED OF TRUST �„_r��__�____
<br /> �� •�:,� e �.��:.__---
<br /> d � TRUSTOR REAO THIS BEFORE SIONINO: JZ- 1�2 31 � �
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<br /> Tru�tor unde►st�nds that ths documsnt met Tru�lor I��boul to oxeaute Is a Doed of Tru�t end ool e mo►tyepe end that the powor
<br /> � � :_.._;� . ;{_ � ol ale provlded for fn the t)eed ot Trwt providet eubetantlally dlHerent rlphb and obllpt�lions lo Tru�tor then�moR�epe In me event ��`
<br /> '', ° ol o default or breach of oblip�tion under the Dsod o}7ru�t.Includinp,hut not Ilmlted to,the Lender'e ripht to have 1he Property sold
<br /> by the Truetee without any judlclal proceedinp. Trwtor reprosents And warroMs that thh�Cknowledpement w s exsauted b9 �;d"=�'�_
<br /> � • Tru�ta Wfore th�execupon ot 1he Deed ol True4 � �-�=^����-='
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<br /> Tru tor '1'F��
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<br /> : • Dime� J I.oaah Tu�ror ,; :; .�.,;;;;�r�r�:;
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<br /> � DE@D OF TRUST WITH FUTURE ADVANCE� �"�����.�:
<br /> s`•r'�=�;:�`��T.�-:
<br /> ^ THIS DEED OF TRU3T,is made es ol the._l.Lth-day o1 Mor ,19.�2..by end amonp _:�_'�-�=r����:-
<br /> huobvnd and vito �"� "``'`:,���•�"��`�
<br /> the Trusto�, Ch�r1QO E I.Qaah a DiAnns J LQaah . � ' � ..
<br /> (ir�nd Ialand NQ 6BB01-2827 �"�'�•�°���-��
<br /> 903 E 7!h St �herein"Tru4tor;'whether one or more), .. .-- - ' ^�M'°--
<br /> whose melflny address Is �':``-" =
<br /> • . :,;??�r*_��--a..=s"_—`
<br /> ���' the Trustee, Fiv� Point• Bank. � Nabra�ka Corporation � --
<br /> '�'f��.��..'�cr .
<br /> whose ma��in�address is p•�• 8ox 1507 (irand I�land� NE 68902 �hereln"Trustae"1,end �. . -
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<br /> . the eeneticiary. Fivo Point� Bank • '" ��. '-}`=—
<br /> .�:_�,
<br /> whose malling address Is p O Box 1507 Gr�rtd Ia�a�d liE 68�02'1507 (herein"Lender"►. , �.,,, .y'T-���
<br /> ChorlQO E Loaah �.��_
<br /> � � FOR VALUABLE CONSIOERATION,fncludlny Lender's exlenelon o1 credit identtlled herain to z,-�.j�
<br /> ' L Dianno * �°°^ (herein"Borrower",whelher one or more)and the trust hora�n croatod, � ' _ �"i""
<br /> the recelpt ot which Is hereby acknow�edged,Truator hereby irrevocably grants,transtere,conveys and asslgns to Trustee,IN
<br /> �
<br /> ;,.;,, � �� TRUS7,WITH POWER 7F 3ALE,for the beneflt and aecunty of Lender,under and subJect to me terms and conditions herelneller set � � .y.,.,z;��
<br /> �••� � "' faAh,the teal property,descrfbed as lollows: ��
<br /> =',:;�;:'.;-;.=- Lt�i. Fiv� t5) 3a 91ocls 7Ya 121, �vona Addition to the City oi,Grand Io].and, and (
<br /> • '''� Cowple�ofrt Lot Four l9) in Bioak SQVen !7> in Lawbart� Adaiitsoa to th� City ot --:-_, ,��
<br /> Orand Ialand. Hall Gounty, NQbra�k+�.
<br /> .;��f.
<br /> Together wtth all buildings,lmprovements,flxtures,streets,alleys,passageways.easements,rfghts,privlleges and appurte- , � �
<br /> nances located thereon or in anywiae pertaining lhereto,and Ihe rents.�ssues and prolits, reversions and remafnders thereof,and
<br /> such personal prope►ry that Is attached to the improvements so as to const�tute a tixture,includfng,but not limited to,heating and �
<br /> cooling equfpment;end together with the homestead or maritel Interests,il any,which Intereats are hereby released and walved;ell
<br /> ol whlch,Includfng replacemenls and additfons thereto,fs hereby declared to be a part of the real estate secured by the Ilen ot thle f ,
<br /> Deed ot Trust and all of the fore9ofnq belny re(orred to hereln as the"Praperry". •
<br /> � Thls Deed of Truat ahall secure(a)the payment ol the principal sum and Interost evldenced by a promfasory note or credlt ( ' .::'�
<br /> , t �'� '�.
<br /> �,hevin a metun date ot M�ra~ ��*� �QQ� � "-
<br /> � ayreement dated Maw^ti 1992 9 ty ' �� - �
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<br /> fn the origlnal prfnclpal amount of$- Z2•0�1.00 —.and any and all modif�cationa,extenalons and renewals �, .-. ,
<br /> thereol or thereto and eny and all future advances and raedvances to Borrower (or any of them il more than one) hereundar �, . .. .
<br /> pursuant to one or more promissory notee Or credit egreemenis(herein Called"Note"1;1b)the payment ol other sume advanced by
<br /> Lender to proteCt the securlty ot the Note;(c)1he perlormance o1 atl covenants and agreemems of Trustor set forth herein:and(d)all � _ .;��•fi
<br /> present and luture Indebtedness and obligafions of Borrower(or any of them�I�iore than one)to Lender whether direct, indf�ect, `
<br /> absolute or contingent and whether arising by note.guaranty,overdralt or ott�erw�se.The Note,this Deed of Trust and any and all
<br /> other docuents that secure the Note or otherwlse executed m connection therewdh,�ncludi ng w�ihout Ilmitation guaranteas.aecurlry � .:��::.�•:�
<br /> , agreements end assignments of leases and renis,ahall be referred to herein as the"Loan Instruments" � "`^=�' �"
<br /> .e+ �
<br /> Trustor covenants and agrees wlth Lendor as lollows: � .
<br /> 1. Paym�nt o1 Ind�bbdnet�.All indebtedness aeCUred hereby shall be pa�d wnen due. • . •
<br /> 2. TIH�.Trustor is the owner o11he Property.has the nght and authonty to convey Ihe Property,and warrants that the Ifen
<br /> created hereby fs a lust and prlor Ilen on the Property. except lor I�ens end encumbronces set (orth by Trustor in w�lting and
<br /> dellvered lo Lender belore executlon of thfs Deed ot Trust,and the exocution anq del�very o�tn�s Deed of Trust does not vlolate any
<br /> contraCt or othor obligetlon to which Trustor�s sub�ect.
<br /> • 3, Tax�s,As��ssm�nb.To pay befare deUnquency all taxes.apec�al assessments and a�1 other charges age�nst the Property .
<br /> now or hereaNer levied.
<br /> b. (nturance.To keep the Property insur@d 8gainst damage by lire,hazards�ncluded within the term"extended cove�age",and
<br /> auCh olher hazards as Lender may�eqwre,m amounts and with compames acceptabie to Lendar.�ammg Lender as an addltional .
<br /> named Ineured,wllh los9 payable to lhe Landet.In case ol loss under such pol�c�es.the Lender is autltonted to ad�ust,collBCt and
<br /> ' Compromise,all claims theruunder and shall have the�opUOn of apply�ng all ar part o1 me msura�ce proceeds p1 to any�ndebtedness
<br /> s�cu►ed hereby and In such order as Lender may determme.0�)lo the Trustor to bu us�'d forthe r�tpa��or restorahon of the Property
<br /> or(GQ 1or any other purposa or ob�ecl satislnclory to Lender wdhout alf�cuny U�e i�en ot th�s Dei�d oi Trust fur tne�uu arnount secured
<br /> . hBreby belore such payment ever took place.Any appl�cat�on o�proceeds lo mdebtedness shall not extend or postpone lhe due
<br /> � dale o(any payments under the Note, or cure a�y delAUll lhereunder or hereunder
<br /> ' S. E�Crow.Upon w►Itten demand by Lender,Trustor shall pay to Lender,in such manner as Lender may designate,suHfcient
<br /> sums lo enable Lender to pay as they beCOme due one or more of the lollow�ng:��1 all taxes,assessments and other charges agamst
<br /> nn.,mnHnanw�tl4ufaflG@
<br /> tha Property,{li)the premiums on the properly msuranCe�eqwred'ne�aunur�.u��.i����i:�e�:�-:::^'�-•^•-��• _ - ..
<br /> requfred by Lender.
<br /> B. Malnbnsnc�,(i�palrs and Compllanco wllh Laws.Trustur sha11 keep the Properry in good condition and repatr; shall
<br /> promplly repafr, or replace any �mprovement which may be damaged o►destroyed,shall not commit or permit any Shallenot
<br /> deterioratlon ol the Property:shell not remove,demolish or substentfally aller any ol the�mprovements on the Properry.
<br /> � commlt,suHer or permit eny act to be done in or upon the Property�n violaUOn ol any iaw.ord�nance.or regulat�on,and shal l pay and
<br /> � prOmptly di8charge at Truslor's cost and expense all liens.encumbrances and cnarges lev�ed.imposed or assessed aga�nst Ihe
<br /> Property or any part thereol.
<br /> 7. EmlMnt Domaln.Lender Is hereby assigned ali compensat�on.awards.tlamages and other payments or relief Ihere�nafter
<br /> "Proceeds")in connection wfth condemnatlon or othar Iahmg v�Itie Property or part thereol,or for conveyance in lieu Of�ondemna-
<br /> t1on.Lender shall be entltled at�ts option to commence.eppear in and prosecute�n�ts own name any acUon or proCeedmgs,and
<br /> � ahall also be ent�tled to make any compromiae or sedlement In connection wdh such tek�ng or damage.In the event any port�on of
<br /> �� NBC N6�INmrp�KUuur��Ora�Aw�0 6!
<br /> O 19W NNOmi��n�ol Commua�t�u�t�M S�nnp�Msocu�an�mcoin N�br�s��
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