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<br /> '_�� � � � �ACKNOWLEDG�EI�OF OEED OF�RtlST� �- .
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<br /> ._ ' n�[oi�n�o�'e�ot�. . -.—. ._ -��L -�_wT__ �---� —
<br /> � `[ri�MotundiriiNr�Nh�docwn�thtTrwAort�a0outtowcuwisaONdaTrwtand�etamor�aadtltittlwpnwu ;
<br /> ' or,woro�tatnlwa..aofTrwearovid�iwb�IdifNr«H�hba��bi�i10Tnutorf�anamorq�p�U+n..wnt
<br /> a•a.�eaa..cnaoaro.ronuna��.o..aarn�.incruarn�.a,t��r�►�e��+.�«�a.rsr+�nse�nav.ms�ov�►sae .
<br /> b�►ihs?ruMM wNhout�►M+�O��Q-Truswr npr�nts and w�nt�Nat Ws.ackiwwNQp�nt was ax�cuUd bY
<br /> TruMor b�ton If»�A�on of 1t�Q�fQ d Tnqt � f Cont�ractp='8 1�s
<br /> � , ( Patttser
<br /> � � ' . ' • � L. S �r ..
<br />- � DEEQ OF TAIJST WRN FUTURE AOYANCES �
<br /> TtNS OEER OF TRtIST.is mtde a d the_�_�ay o� �� - .19 92 by and amonp''
<br />"r. . �{.� �.,.�� �y,�� �t iW�G' ����7. � f� i�f.Y�.�.�7s�a'Y `• ..
<br />. Y�VT�Yi�n� . . . , a _
<br />_ W����i����� R�oute 3, Box 3-A-1, Grand Is}.affi, t� 688����TN�r."whether one or more),
<br /> thsTrusws. ` Piv�e Pnfnts Hank. A Nebra,ska CC�*�oratiCn _ .
<br /> whase n�itirt�addre�s is � � �Y-15QZo �'� �+ t� 68$02 (herein"Tru�lss'�and -
<br /> ,
<br /> the 8en�liclery, Five Po�fats Bank . . —` _-
<br /> whose maili�q addreaa is x C�� �land NE 688d2 (herein"Eeneer`!• ��"���~;
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<br /> �: �F� - - c*eFF' �ivap . ,;'._ •..
<br /> . FOR VAWABLE CONSIOERATiON,including Lendeds exterision o1 credit identified herein to ._�:_
<br /> ��'� Qontractors. A PartnershiP (herein"BomoweP'.whethes one or more)and the trusl herein created. . '``':�:��•
<br /> ,.. �. .�-..-�� .� . ..
<br /> ; �,�:'=�?" :ti: - the receipt ot whicd i�hereby acknowleC�ed.Tnratar hereby irrevocabty grants,transtera,conveys and easigns to Trustee IN . _
<br /> TRUST,IMTFIPOYVEROFSALE,forthe6eneTdandseeurityoflender.underandsubJecttothatermsandconditionshereinafteraet ..-'`-..:
<br /> faih.tl�a real pcoperty.dascribe0 as toitows: ^.,-�'-"�_'..
<br /> _ ;.f,_'.;�:i•,:
<br />. ' LY1. iwV �Z� i� b( � � a4L�YSV151�� i�.LJ. W��� IYGYiQ�� ��t-^.i1r''-_
<br /> .. _ I S:,,r.'rl'+���f:
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<br /> • F'f•-�f',. : .� Togethet wlth all buitdinga,improvements,fixtures,streets,aiteys,passageways,easements,rlghts.privileges and appurte- • - _
<br />� nances tocated thereon or in anyrrise RsKaining thereto,and the rents,issues an0 profiis,reversions and remainders thereof,and
<br /> ��~�~~; n'�`�" such personal propaRy that is attached to the improvements so as to constitute a 6xture inciuding,but not limited to,heatin�and _`
<br /> :�x t��:-;�:i�. :: . . ---
<br /> -�'-"� ��� � Cooiinp equipmenk and tagether with the homestead or marltal interests,if any,whicb l�terests are hereby releesea and waNed'all T
<br /> ' �'�-'`��,':�.��_ _ otwMch,inctuding repiscementa and additions thereto,is hereby declared to ba a part ot the reat estate secured by the Ilenof thts � ��`
<br /> ; r�:,,�'�. ..b a: Deed of Trust and att at�he foregoing being refened to herein as the"Properiy". �- `.. : -
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<br /> ���'�`'��'�� This Deed o1 Trust shall secure(a)the paymeM oi the principai sum and lnterest evidenced by a promissory note or credit ., =
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<br /> � pl.��' i��` ayreement dated _�nr;t lA�19� � ,having a maturity date o! �0�?+-1992 . �; ' _
<br /> � ::1'.�- �,?� . : . ' :"}
<br /> . �1'!: ;i.. . "1 � .j , ^_.._
<br /> --..�:��.-� 50.020.50 ,and an and all modifications.extensions and renewals
<br /> � •=;?..:- ».;r. , in the ortgfnai prfncipai amount of i�. y ";
<br />� ��'`'-'s`��`` ' thereot or thereto and any and ali future advanr�and readvances to Borrowe��lor any of them i1 more than one)hereunder �` -
<br /> • .7.:'::;;:E '
<br /> �� •��. : pursuantto one or more promissory notes or cre�rt agreements(he�ein called"tVOts}:(b)me payment ot other sums advanced 6y
<br /> ' ,;,,`xl,•x� . lenda�Escatectthesecurityotthetvae;(c)thepertormanceofaltcovenantsandag�eemenu�:Trustarsetfortbherein;a�ad(d)all �. �... ?;;�t.��:�.� -
<br /> • �,p��u''�' prosen'.an0 tuture inAebtedness artd obligations of Borrower(or any ot them if more than ane}to Lender whether direct,indirect, t . '�_
<br /> ' �''�"����..j 8bsolute or contingent and whether arising by note,guaranty,overdratt or otherwise.The Note,this Oeed ot Trust and any aod ait ` �
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<br /> �` �" `��� � ofher docuentsthat aecuro the Note or otherwise executed in Connection therewr�►,including without Hmitation guarantees,secur ity _
<br /> ._' � '=ti. •,�
<br /> ' •,'�:•,��;�:'„,, '"� ayreements a�d ass��ents o1 feases and rents,shall be reterrecl to hersin as the"Loan Instruments". � :.
<br /> ' . ;�,-..�;;;;�;��;., : Truator cevenants and agrees with Lender as fotiows:
<br /> • 1.PaynNnt ol fnd�bMdn�u.A�.�ndebtedness secured hereby shail be pa�d when¢ue. t•
<br /> 2.Ti1N,Trustor is the owner et the Property,has the righ!and authorlty to cunvey the 6'roperty,and warrants that the lien ! �
<br /> ',;�;.�•� created hereby is a first and prior Ilen an the Property,except}or liens and encumbrances set forth by Trustor in writing and :
<br /> � �'��:;�;; ,� delive�ed to Lender be!ore executlon of this OeeA o`_-Trust,and the execution an3 delivery ot this Deed o1 Trust does�otviolateany ; .. •
<br /> ����. •`.' �':•� •' , contrdCt or other obiigetion to which�ruator�9 s::.;ect, ' ,
<br /> • � - � • 3.TaxN,As�nt�.To pay before Qelinquency all taxes,special assesaments anQ ait ather charges against the PropeAy �
<br />• � � now a hereafter tevled. t .
<br /> • � � • i.IeMUane�.To keep the Property insured ageinst damage by tlre,hazards inotuded within the term"extended covsrase".and
<br /> '' = . suCh olh�r hazards es Lender may repuire,in amounts and with Companfas acceptable to LenQAr,naming lender as an aQditional �
<br /> , named insured,wlth toss payable to the Londar,in case ol loss under such po►�c�es,tha Lender is authonzed to adJu9t colfeC!and ; ,
<br />� � ' compromise,atl cia�imgthereunder and shail have the option of apptying a11 or pare ottne insurance proceedsp>to any lndebtedness �
<br /> • ' aecured hereby and in 9uch order as Lender may determine.(ii)to the Trustor ta�s used tor the repair or restoration o}the Property : .
<br /> ' � � '. or(iii�for any other purpose ar objectsatistactory to Lender without attecting the I�en ot this Deed o}Trustfoi the fuil amount seCUred �• .
<br /> � hereby betore such paymenf ever taok piace.Any application of proceeds to lndebtedness shall not extend or postpone the due
<br /> . � ditA,o18ny paymen�unQer the Note,or eure any defaull thereurtder or hereunder. ,.
<br /> • • 5.£�erow•Upon written demand by Lender.Trustor shail pay to Lender,in such manner as Lender may designate,sufticient
<br /> • � � � sumstoenableLendertopayasiheybecomedueoneormoreofthefotlowing:(�)atltaxes,as�esamentsandothercfiarge�againat ,
<br /> , --, - � ihe Praperty.(ii)tha premiuma on the property insurance rflquired hereunder,and(iii)the premiums on any mortgage insuranca .
<br /> , , reqtiiredby Lender•
<br /> 6.MaMNnanC�,R�pain sad CanpHanc�with 4awi.Tru9tor shali keep the Property in good condition and repair;shail .
<br /> . promptly repair,or reptace any improvement which may be damaged or destroyed;shatl not commte or permit any waste or
<br /> • ' deterioraUon ot the Property;shaif na!remove,demolish oi substantialty alter any of the improvements on the Properry:shall not
<br /> . cammi�sutfer or permit any BCito bedone tn ar upon the Property irt violation of any taw,ordinance.o�reguiatiorr,and shat!pay and ,
<br /> t , pramptty discharge at Trustor's cost and expense atl Uens,encumbrancas and charges levled,imposed or assessed against the .
<br /> _..,._::. . : _.-=—--__- - PrODlAlI or any.pertthereet. � -
<br />- : -_ -- •--( ` 7.E111bIM1 DOIMiM:LenE�f iS tfAfAOy 85Signed 8ft Compensation,awards.cfamiige9&titf 4the�p�ymer►ts Ct telie!(lsFStttltt�ttor - --- - -,-;
<br /> t "P►oceeda'�in cbnnectlon with condemnaUon or othertaking of the Prope�ty or panthereo},or for canveyance in lieu of condemna-
<br /> • � � Uon.lender ahail be anUBed at its optibn to commence,appear In and prosecute in its own ngme gny actlon or proceedings,and • .
<br /> ' . shatll atso be entit(ed to make any compromise or serilement�n connettton with such taking or damage.in the event any portion of ..
<br /> . � - �eastex�ewew.�o«auw.io�ae _ . . .
<br /> � ;1 oesMlW�an.re.irotco�nm..aT.uaws..�ro•,d�.han.unmuf.N.a.f�. - 1 '
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