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<br /> m �R�CORDING 6�QUF.STEn BY: p 0 1 1 I 1 �' P
<br /> aMAC Mortg��e Corpor�don nf PA Acwunt No.:0219089
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<br /> �M.�C Mort��Caporatla�o��A (� c,
<br /> s�aa�ro��a ��-�'C _
<br /> F.pchr r�ric,F� ►9ir"s7-YSv�i C,�'
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<br /> /� DEED OF TRUST AND ASSIGNMENT OF RENTS `�'_
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<br /> '�i� D��F �US'!� Aal'�!) ,A�SSIGNN�ENT OF RENTS, as �tn�nded and extended(this "Dcecl of
<br /> Tnust'), is algned to eecuce�dvnnces under a aM C Home �ry I.Ine of Ccecl)t Ag:�:�ent, :s:�eudal ut eatetr�Pd (the -
<br /> "Agreenknt")t lt ie dated as af � , 19U�sh�+wd Is an�greem�nt wnong Charles E.Luke Ac1d Pamylla A.
<br /> Lukc,hasbAp�d and wlfe,�jotat tenAnts with dBht of sucr►Iv ip, And aot sws tcnants In ccnmion who reside(s)at 210 West
<br /> Butelt Aveuue .Donlphan+Nebc�slu�68832 ts the gnwtode)� and CHICAGO TITLB INS.C0.�b25 dNBST RIDGS PIK�,
<br /> BLDd B,A�205. Ct�NSHOHUCKIiN� PA 19428,as the Tnjscx�and AA�lAC Mong�Bc Corparxdon of PA,a Pennsytv�ni�
<br /> Cotporation,8360 Old'York Rwid,HlNn9 Puk,Pennsylvxnla 19027-1590.as beneficiuy.
<br /> T1u�ou�lxwt this D�ed of Tcust. "we", "as" � MQ�M n�e �o d�ne�, Md�A�• �fera r,o GMAC Mortg�gc
<br /> CAtporatlon of pA or its�ssigns. The"Accouat":ekrs to the Home B�utty line of credit account eatxblislsat by�MAC wxles
<br /> thc�18c�a�ent. "Ttusta" nfete to the trustx identifled above.or wy subsdtute m�stee. "Borrowcr" .refers to each person
<br /> .�. Qiona d�e Aar�nc as Domower. Tb�c Agnanent � this Deed of T�ust� tAken togetber, xre callod ttie "Cralit
<br /> Doc�w�eWs". "Sig�r"refers ta�ny pe[eon(other tintn(iMAC)vviw i�signcd a a,�suii�,�.�;,.. .
<br /> D�:RQ'7'ION OF SECURI'TY
<br /> HY si,go�n�thls Ikod af Tnut�we ir�vocably gruu�bu8ain�aell ud comey co Tiu4ta�ln uust.with powu of sale,(a)
<br /> the nal e�te locuod at 210 West Huteit Avcnue�Dodpiuw,CaumY of H�ll,St�be of Nabrul�a 68832,more fully described
<br /> in Schedule A;(b)�11 buildinas�ad od�ec�tucwce�on the propertY: (�)All ri�hw we msy bave in any msd.a1kY�disaneut a
<br /> license regsudin8 th�PropertY or in wy mieeral�oi�l,Rae or wAtet which is put of the pm(�rcyt(d)all rtnts and royaldea fmm .
<br /> �he Propert�+;(e)�11 prucads of u►y insurance on the PropertY and all etifLnds of premivme an sucl�lnsucance;(�sll proc�od� -
<br /> of wy t�king(ur thre�t�ned WdnB)of the propettY tiY+�Y 8m�rna�ental autho�ity('condemandon"):nnd(B)�il fixau�cs on tLe .
<br /> P�Y��Y tltnc(colkctively,l�►e"PropCrtY�)•
<br /> '[1►e Pmperty includas�il righca uxl interes�s v�i�ich we now tu►ve nr wluch rvo u�y xcgulre in tha�funue. For caw�p�,if .
<br /> tLe security moctgxqcd under this Deed of'nust Ls a leaselwld estata xnd wo subnequctuly acquire fcc titlo w the PropertY,the
<br /> rights u�d intereats gs�ated W GMAC by tri�s Uad of Tcust wlll includa the fer dt�e tt�t we xquire. 71�1s Dxd of Tnist is�lso•
<br /> Socuriry Agraem�nt unckr the Nebraslca Unifotm Cowun�clal Code usd we hereby 8rant GMAC a security interest iu the
<br /> - p��P�Y�ribod in(d)tluau8h(6)above. ThIs Aceai of TYust also constitutes a fln�u�cin8�tamem 61ed as A ftxture
<br /> ' tiuiy�tu S w GL��+C:.^.:fG^4L'�n nf t���nn�y r�x.c►rder of the count9 whert the Pcoperty is loC�tod� cvlth xespect to anY and wll
<br /> flxtvres included within tb�e temu 'Property" ancl wlth respect to auy goods or other persu�wt propertY tbwt may naw ur
<br /> hereafter become Paut af svch fi�tures.
<br /> SEC[J1tED OB�.IGATIOrTS
<br /> We 6nvs signod this Uad of'IYust to sceure IxYment�°GMAC by Bomower ot up to S26.700.00. plus FINANCB
<br /> _ rer.fnrmu�ice by B�rrowcr ur+de�r th aE►Smemecu and ourr perforn�anc�e nf the cu�enant�f this�Dced o�f�Tnist(col(tcftrt�, �t
<br /> "Sstand Qblt'�p�lowa").
<br /> - pliYpRCTY OF ADVANCES
<br /> 1'he iion of this Deed of Tmst wiil attach on rhe date this Deed of Tmst is recorded. The indob►edness evidetuul by the
<br /> Crallt Dceuments Is a rovolving Indebt�dncss. The Cralit Documents provide that amounts may be adv�nced+ re�aid w�d
<br /> — readvaflced frum time to dms fu uccordance wlth the eemis and provisions of the Age+ament. Accordingly, the aggrr•gau
<br /> ndvwcrs durinu tl�e t�rm of the Credit Doc�ments mny exceecl the Credit Limit. However,the Total Balac�ce Outstswdin8l�ss
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<br /> `,� FINANCB CHARGS5 at any tirue (the "Barning Balanee Outuunding"1 shaii never eac,ccci mc�naii ..��, �xwr• •�•
<br /> ,.� advauces w�cle to protect the lien of this Deed of T�vst. We ag�ee tnut die lien ancl security dtle of tb�ys D�eq'��sY st�all not
<br /> be damed�+elcasal or exdngu�shal by operation nf law or implial intent of the pardes lf the 7'otal$alauce bu'ts�andiug is zero
<br /> '� as of tUe date of this Deed of Tcust or is from dme to time reduced to uro by paymeuts made to GMAC.
<br /> •=� GMAGN�(01/95)
<br /> - 3027u
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