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<br /> . _ - `. ACKNOWLEdGEMENT OF DEED OF TRU�T � : ; � ,
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<br />-_ ---- -- DEED OF TRUST WITM FUTURE ADVANCES , -
<br />= THLS.DEED OF TRUS7;Cs inade as bf ths��.day oi r�-' ,19�9'2.,by at�d smorfp
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<br /> -- ;t�1e-f�G i ss..�.. r �ww Y�ndT� Ro� ,_:..�.: �..,Q•`�� .
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<br /> : : � `• � "`t913 �ndo St "�. '�� sn"�susto��r,�; ;. er on�e o.more�„� — _
<br /> - �� �ate
<br /> �.w(�osf�malfirsg$ddcess is �.. ---
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<br /> ' 'the 7�ultAes, c—.:�=°�*•�.�'" AMIt4� • v.6r�..� cor�r.tfee _ - . cs—
<br /> #-�" ' ' WI10�fi9ilill�8ddf0SSSS�..n-"'o••� t�a•l: 2r��� I�Iii1d. �'` 6�Z (hHf61D'TfUSt8B�7,8�1d �-r _-
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<br /> :.- ths 8eneficiary. '}�v� On�n� Rank • -�'-"�
<br /> + �+ W�IO�II18��fl�SQdf8s3�S O ff : t�iA7 Rw�wa �t�d� �'� �7��san (hereia��.611dOf 7. �''`�, �:C�,. _
<br /> - � FOR VAUl1181E CONSfOERATtON.including Lender'S e�ension oi credit identiTied heretn to���� 4 ROw - � �� i�
<br /> ` . •..r� (herein"Bonower",whethev one os more}and the trust hprein c�eated. �•-�• :y.�-.---
<br /> - •!he receipt of whiCh Is hereby acknowledyBd.Trunor hereby irrevocably grants,transfers,conveys and assigna to Trustee.iN -; �-. ;�- _
<br /> � 'i'RUST.YVlTHPOWEROF$ALE,torthebenetitandsecuriryolLender,underandsubiecttothetermsan�conditiaashereinafteraet � .., --
<br /> " - fartb,ths real property.described II��O�IOWI. •3"r'�"f�: ...-
<br /> ,.��` �ot Qne ti)„ L�rs�a Aas�s Subdivision. tiraec' Zslsnd. 11s11 Cowity. INbrssks. -:�_.- - —
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<br /> ; ` ' - ..�".� � Together wl�atl buitdings,improvements,(ixtures,streets,aileys,passageways,easementa,righta,privilepes and appurte- - -
<br /> �,,,:���.,w;'r;;�= � nartcea located thereon or in anywise peRaining thereto.and the rents,issues and protits,reversians and remainders thereol,and "�t•;�;
<br /> '�;�•?;;„ sucb personal property that ta attached to the improvements so as to constitute a fixture,including,but not Itmitea to,heating and
<br /> ' �;�"' *�:'" " cooling equipmenX and together with the homestead or maritat inte(ests,if any,which Interests are hereby released and waived:atl • ,��4._
<br /> `� �a�a:.'�:
<br /> : ?;;�;�`. °t•�`�;K; of which,incWding reptacements and additions thereto.is hereby declared to be a part of the real estate secureC bythe lien of this �-
<br /> ��`y'' - Deed at Trust and all ot the toregoing being referred to hereln as the"Propertyr". � .. � ��'
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<br /> �,,yyThis Deed of Trust shall secure(a)the payment of the principal sum and interest evidenced by a promissory note or credit _ _�:
<br /> �.�. �
<br /> ��'�"� � agreement dated ,having a maturity date o1 Aprii iTtb i99� . � `"°,,:
<br /> .�,-F?f �:'t;'c• :r�.f r � . . '`"-
<br /> :•,;��;�`'�" ° ,and an and ail moditications,e�ensions and renewats � . -�:
<br /> ��,:�,',;`,ti= in the ortqinal pflncipai amount o!$ ?8,0�5.5� Y .�,_`:
<br /> ,�r`aG� �.',�;.;^ � thereof or thereto and any and ali tuture advances and ceadvances to Borrowe�(or any o1 them if more than one)hereunder .��._
<br /> ,.`�ti'` �.is',"�. / purauant to one or more promissory notes or credit agreements(herein calted"Note");(b)the payment of other sums advanced by � ; : .�_-
<br /> ` � ' '�" ' lender to protect the securi af the Note;(c)the per}ormance of all covenants and agreements ot Trustor set fonh herein;and(d�all , � . ��.`:.._.
<br /> . ` � �; � —
<br /> � ��'� '-� ' ". Y` preaent and future fndebtedness and obligafions of Borrower(or any ot them if more than one)to lender whether direcl.indireCL •_ � �--W
<br /> `" "�'' absolute or coniingent and whether arlsing by note,guaranry,overdraft or otherwiso.The Nota,this Oeed of Trust and any and atl � • •"
<br /> �'• r==�`�`�" ' otharaocuent�thalsecuretheNotaorottterwiseexecutedinconnectiontherewlth,includingwlthoutlimitationguarante8s,seCUrity � .. , ,_
<br /> � ,.�r�ri�'�t';;;;`•' agreements and assignments o1 leases and rents,shail be reter�ed to herefn as the"Loan fnstruments". It � ..
<br /> � �•�,-�� •- ° Trwtor covenants and a rees with Lender as tollows: !
<br /> _++�_.t�.::-,-.`.• g ,
<br /> • - 1.Ps�1nNn1 M tn�btMn�.All indebtedness secured hereby shail be paid when due. ; •
<br /> � • . 2.TNN,Trustor i9 the owner o1 the PropeRy,has the nght and authority to convey the Properry,and warrants that the lien �
<br /> - � created hereby ls a 11rst and prior Ilen on the Property.except for liens and encumbrances set torth by Trustor in writing and ( .
<br />-. =.. ` '-� _. • : : dellvered to lender betore executton o1 this Deed of Trust,and the exBCUtion and delivery oi this Oeed of Trust does no!vialate 8ny �
<br /> contract o►othe►obligetion to which TrustOr is 9ubjec� - �- -
<br /> � ���"'� "� 3.Taxa,AsHasnNnb.To pay betore detinquency au taxes,spec�a►assessments and all other charges agafnst the Property f �
<br /> ' � now or hereafter tevted. � � • ,
<br /> . 4.Imunne�.To keep the Properry insured against damage by fire,hazards�ncluded within the term"extended coverage",and �
<br /> . � • such othe�hazatds as Lender may require,in amounts and with compantes 8ecoptabte to Lender,naming lender as an addiNonai ,
<br /> , . , named insured,wlth loss payabte to the Lender.In case o1 toss under such policies,the Lender is authorized to adjust,cottect and �
<br /> ' Compromise.ali claims thereunder artd shaU have the option o1 applytng all or part ot ihe�nsurance proceeds(Q to any indebiedness � �
<br /> • ' � seCUred hereby and in such order as Lender may determine,!��)to thg Trustot tp be used tar the�opair or restoration of the P�Operty � ,
<br /> � or(iii)for eny ather purposeor obJect satislactory to Lender without aHecting thn lien ot this Deed ol Trust tor the tutl amount secured ;
<br /> � hereby betore suCh peyment ever took place.Any appUcation o}proceeds to indebtedness shatl not e�tend or postpone the due ! ,
<br /> • • . �. date ol any payment9 under the Note,or cure any default thereunder or hereurtder.
<br /> • � � 5. Etcrow.Upon written demand by lender,Truator Sha►1 pay to Lender,in such manner as Lender may des►gnate,suflicient •
<br /> � --- .��-•� � auma to ennbte Lende�to pay as they became due one or more o!the touowing:(i)all taxes.assessments and other ohargea against . . ,
<br /> . • _..
<br /> . _ . _ _ . . __.__. _.... the RropeRy.(ii)the premiums on the property insurance required hereunder,and(iii)Ufe premium9 on any mortgage insurance .
<br /> . , required by Lender. ; �
<br /> . � � 8.MalnNnane�,Rspairs and CoMpU�nN with Law�.Trustor shall keep the Property in good condiUon and repair;shall •
<br /> , � prompUy repair,or reptace any impravement which may be damaged or destroyed;shall not commi!or permit any waste or ,
<br /> � �� � deterlore�on a!the Properiy.sh2�11 eot remove,demolish or subst2ntialty alier any of the improvements on the Properly:shall not ,
<br /> � . commi�sufferorpennitanyactta�edoneinoeuponthePropetlyenviatationofanytaw,ordlhance.orregulaUon:andshaitpayand . �
<br /> • ' .' prompUy dlsch8�gb et Trusfor's cost and expAaS�atf iiens,enCUmbrances�n0 charges fedtfld.impased cr assessed egainsf the =
<br /> ::, : • . ProPeAS►or any part thereat. ' , ` .
<br /> . :-:. - . . . . ��y{� satton,tu�fc8s.t#magos aa�athet pa�nt€nts-at relte!(herelaattsr. . _ - -
<br /> - -:�_�°--=-�•'•—=== 7. f0orn�k�.Le�dsris#a&re#syass�gnaclattso�sspaa -- - ___._.._._.._ _
<br /> . � . ���. . .... .
<br /> � "Praaseds'y in eonrtecUon with cnndemnation or oiher taking otthe Property or partthereof,o�tor conveyanea in i�eu ot cortdemna-
<br /> � ' tton.I�nda�ahatf be entlQed at its apUan to cammer�ce,app�ar in and prosecute in lts awn name any actton or prdceedtngs,and , • •
<br /> � � � • " ' ' ° shall atso be enUUed fo make any compramise or setliement 1n Connectlon with such taking or tlamage.in the event eny poRion ot �, . .
<br /> ='�,. .• • -- . - _ _. . . _ .. _ _ . . . .
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