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<br /> • w.,� ACKNOWI.BDOE�MENT OR DEED OF TRUST
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<br /> - � � ''` TNUBTOR READ TFIIB 6EFORE SIONING:
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<br /> �'•a R• • T�u�tor und�nqnds 1h�t tM doaum�nt th�t Tru�tor 1��bout to�x�out�i�a DMd ot Tru�t�nd nd�moAp�p��nd th�t th�powK
<br /> ��� ol NI�provld�d lor In th�ONd o9 Trust provld��substanti�lly dlHsnnt rlphu�nd oblly�tlon�to Yrwlor N�sn�mortpap�In Ih�w�nl _
<br /> �����..�"�'�'' ' ' ,� of�dN�u�t or braah of pbllp�qon und�r th�Oosd of Trus1�Inoludlnp,but nat llmil�d to,lho L�nd�r'�ripht to hw�th�P►qpK1y sold
<br /> s'�.,?�:;�#;`".,�„4'
<br /> . by th�Tro�tN wlthout �ny �udlal�l proaNdlnp.T�u�tor npnsanb�nd warr�nq th�t thl��aknowbdp�msnl war�x�ouhd by
<br /> � .. ., ,.._,_. .__ .
<br /> . .. ,.. _...__� .-- Tnator bolaa tlw wc�cuUon of the Deed o17roaG , A---_
<br /> _ -.j:1.';i• . , . � � ,• !1 I l � Vo� cTM
<br /> '���" � �• � Trunor
<br /> �., .. :_ ��,.� Larr W. owle
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<br /> �_�..�:r...1.f•.: . [p� �A f a `-TA��� ti
<br /> ° � � ' � Bar era Fowle Tru�Wr
<br />� �=���. .:
<br />�r�.,i., .�".��,����_;;.��_ ___ DEEO OF TRUST WITH FUTURE ADVANCES
<br /> t'� ' � � � .' ' THIS DEEO OF TRUST,b mada as ot the 19t1L day o1 Ap�il ,19�Z.._,by and amonp �
<br />}���;' ' F & B bara Fowle husbsnd and wife ,
<br /> F�_. � . ... tlw Tru�tor.
<br />���� �� �� 1616 Hagge Ave., G�a�d Isla�d, NE 688Q1 7u 4,
<br /> .� - - .--_ ..: - whosa malling addroas n lnerein �ruetor;'whothor one o�mo�e), - —-
<br />;•�`�' • Flve Pol�ts Bank, G�and Island _ .
<br />;. - . �r.�„���_ ttw Ttustee,
<br /> � ' `+ y � � ox 1507 Gra�d Islanc�. NE 68802-1507 (herein'�T�uelee'y,and �`_�—
<br /> , �,�;;.:�.��;�;t' ', wriose mau�ng address�o P ��`.�-.
<br /> i ;�`�,��i's'`•`•'�i��' �'"�' Five Paints Bank ' --
<br /> . :?:• the 8eneticlary ��'LLf�-
<br />� � .����� �� '(.''�'%4i� P.O. Box 1507, Grand Island, iVE 66802-1507
<br /> ' ;.'�J . , whoie malllny addreas b - lhereio"Lender'�.
<br />' � ' FOR VALUABIE CON3IDERATION,includfnp Lender's extenafon a1 c�edtt idenllfied heroln to ar�.1f W• FaW�� _ -
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<br /> • . & Bar'ba�e Fowle husband & wife �heretn"Borrvwo►",whether one or mare)end the Uust hereln created. '� `- —
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<br /> ,•�; � • ' the�eceipt oi whlch Is hereby acknowledyed,Trustor hereby Irrevoc�bly prante, tranafers,conveys and aaslgne lo Trustee.IN 5���.,.
<br /> - � ,,,,. ,�„ , . 1 ' �HU$'(,yy(��ppyYER OF SALE,ior th8 benetlt and:.ocurity ol Lender.under e�d e��bJect to the terms and condlGOmherelnafter�et ��T ___
<br />� •; �1�, ,;>i��;.;i forth,the real P�oPenY•desarlbed es lollows; �
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<br /> •��' '�' � � • East Six (6) Feet o f Lo t T h ir ty-T h r e e (3 3) a n d a l l o f Lot Thirt y-Four (34) Hagge k;,— _ -
<br /> � � S b ivision, of a pert of the Northeaet Qu rter (f�E�C) of the N ort h w e s t Quarter ---
<br /> , (�W�) end Aart of he Northwest Quarter �NWk) o the Northeast quart�r (NWk) _ __
<br /> � � of Sectfon Twenty-E�gh (28), Tow�ship Eleven (11) North, Range nine 9� West
<br /> ' of the 6th P.M , Hall �ou�ty, Nebraska ______
<br /> . Topether wlth all bu�ldfnys, improvemeRts,IlxWres, atreeta,alleys,passageways.easements,rlphta,prlvllepea and appurte• _____
<br /> nancea loceted thereon or in anywlse perteining thereto,and the renls.�ssuea and prolua.reversiona and remainderB thereol,and - _
<br /> euch peroonal property that Is atteched to the�mprovements so as to consulute a lixlure,includ�ny,but not limrted Io,heating and r^�;,-,,.,,
<br /> '� coollnp equlpmeM;and lopether wllh the homeatead or meNtal Intereals,fl any,whlch intereota are hereby releaaed and waived:all �::,,,,,�*"s"
<br /> ol whlch,Includfnp replecements and eddiuona thereto,is hereby deciared to be a pert ol tha real eolate 4ecurad by the Ilen of thls L+-j�.��,�-�
<br /> DoYd oi Trust end all olthe loreyolny belny relerred to hareln us the"Property". y�,'t��`.�.;:__
<br /> �•� -
<br /> This Daed of Trust ahall secure(a)the paymenl ol tha principal sum and interest evldenced by e promissory nWe or credlt --� _
<br /> .._,:
<br /> . apreement dated �pY'il 2Q �QQ2 _.hnv�n9 e maturlry date ol _ OCtOb@1' 29.1992 . t,' . . ��`
<br /> r.. ..
<br /> �. In the o�Ipinal prtnclpal emount ot S ��.�IIO -- ,and any and all modilfcetions,extensions and renewals �;,; ._ ''
<br /> � thereof or lhereto end eny and all future edvances and readvences to Borrower(or any ol them If more ihan one)hereunder ,�:�.
<br /> pursuant to one or more promissory notes or credit agreemeMS(herain called"Note"):lb)the payment ol other sums edvenced by -,�
<br /> • Lender to protect the security of the Note;(c)the performance of all covennnts and agreemente of Truetor set torth herein;and(d)ell -� �•-
<br />- . �� preaent and tuture Indebtedness and oblfgatfons ot Borrower(or any of them it more than one)to Lender whether dfrect,mdirect, � �'
<br />'`. �� ebsolute or contingent and whether arlsing by note,flueranry,overdraR or otherwise.The Note.lHls Deed of Trust end eny and all � . _
<br /> other docuenta that secure the Note or otherwise oxecuted in connection therewfth,�ncluding w�thout Ilmitatlon yuarantees,securlty „:�T
<br /> �� eyreements and aaslgnments ot leases end renta,shall be relerred to herefn as the"Loan Instruments". �
<br /> Trustor covenants and agreea wllh Lender as follows:
<br /> • 1, p�ym�nt pf Ind�btldn�s�,All indebtedness secured hereby shall�e paid when due. �� �� �
<br /> • 2. TtN�. Trustor is Ihe owner of the Property, has the right and authonty to convey the PrOperty. and werranls that lhe Ifen ;
<br /> � crealed hereby fs a firot and prior lien on the Propery,excepl lor t�ens and encumbrances set forth by Trustor in wntmg and `
<br /> delfvered to Lender belae executlon of thls Deed of Trust,and the execut�on and dellvery ol thfs Deed ol Trust does�otvlolate any
<br /> • contrect or other obNgallon to which Trustor is aub�ect.
<br /> , 3. Tax�s,MaMSnNnts.To pay before dellnquenCy all tnxes,speclal essessments nnd nll other charges aga�nst the Property
<br /> now or herealter levled. '
<br /> 4. IMUrane�.TO keep the P�operty Insured ag8�nst dAmt�gu by��re.hnlards�nc�uded w�lhin thet term"extendedCOve�ege',and
<br /> • such other hazards as Lender may require.�n amounts and wilh compnn�es acceptable to Lender,naming Lender as an additional
<br /> nemed insured,with loss payable to the Lender In case ef loss u�der such pollc�es,the Lender Is authonzed to ad�ust collect and
<br /> compromlae,all claimathereunder and shall have the optfon ot apply�ng alt or part o1 the insurence prxeeds pl to any indebtedness
<br /> eeCUred hereby end f n such order as Lender may determ�ne.(��)to the Trustor to be used for the repa�r or restoratfon of Ihe Property
<br /> or(iif)for eny other purpose or ob�ect sat�slactory to Lender w�thout aNecting the I�en ollhis Oeed o1 Yrust lor the full emount secured
<br /> hereby belore 8uch paymenl ever took place.Any appl�cat�on of proceeds to mdebtedness shall not exlend or postpone the dae
<br /> . d�f�n1 anv��rnn�,fa�nder the Note.or cure env default thereunder or hereunder.
<br /> � 5. E�Crow.UpOn wrftten demend by Lender,Trustor shall pay to Lender,fn such manner as Lenaer moy aesignate,sumcieni
<br /> sum8 to enabte Lender to pay as they become due one or more of the following.(I)all taxes,assessments and other charges against
<br /> the Property.(fl)the premiums on the property insurance reqwred hereunder,and(iu1 the premwms on any mortyaye�nsuranCe
<br /> requlred by Lende►.
<br /> 8. Malnhnanc�. R�paln and Compll�nc�wlth Laws.7rustor shell keep the Properry in good condition and�epau; shall
<br /> promptly repalr, or replace any Improvement whlch may be demaped or destroyed;sha11 not commit or permlt any waste or
<br /> deterioralion of Ihe Pruyvrly,sliall nol rnmuvd.Jemolish or substauUally alter any ot the�mprovements on thC Property: shgU n�.t
<br /> commlt,suMer or permila�y act to be done in or upon tne Property in wolation of any law,ordinance,or regulation,and shell pay and
<br /> promptly diacharge at Truator's cost and expense all I�ens.encumbrances and charyes levled.�mposed or assessed ageinst Ihe
<br /> Property or any part thereol
<br /> • 7. Emin�nt Domaln.Lender fs hereby asslgned all compensat�on,awards.damapes and other payments or rellel lherelnafter
<br /> "Proceeda")in conneCUo�with condemnetion or other tak�ng o�the Property or part thereof.or for conveyence m Ifeu o1 condemna-
<br /> don.Lender shetl be entltled at�ts option to commence,appear In and prosecute 1n Its own nnme any actfon or proceedings,and
<br /> ahall also be entftled to meke any Comp��omise or settlement fn connection w�th auch takfng or demage.In the event eny port�o�of
<br /> N�C��6)IMO�uprr�nurN OMabv�0{S Y,
<br /> - I O 11MNxo�u�l��►o�CuT��wc�iwn�MSn�ry�A�wc��ian l��cd�N�bn��
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