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<br /> . ` ' ` -� ACKNOWLEDf�EME�f OF DFED OF TRUST �Z�s -
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<br /> py tfM TrustM wid�out anY ludictW P���:TNator rep � warranb � fhi¢ was ex�cuMd bY ,
<br /> Truslor bdors iRs�xecuHon d me Os�d of 7rust �
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<br /> = � �• J Z ul Trustor
<br />�,`� � DEED OF TRUST WITH FtJ'i'URE ADYANCES � . � '
<br /> ,� THIS OEED OF TRUST,i�made ss of fhe_29tb_day OL lun. � i9�� bf►end amonp
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<br />,,:'r. _ ' ttteT�slor. G�or� • PoW.lo� � Jady J Poulla's . husband snd vife __ , -
<br /> 2616 Cattontood ttQ • Grand Island -lle 6fl8ii-?5�6
<br /> • whoae rtnllins addrsss is (herein"Trustor;wNether one or'moie).
<br />' tne Trustss. Five PoiK►ts Bank, a �braska Corpontiaa � • --
<br /> ;�: - - =
<br /> - whose mtilin�a�d'+ess ia F.O.��ox i'J!9 Gtand Island. AE 688v2 . (here(n"Trustes'�.s�d �_
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<br /> '��iw Points �ank :: �-��Y-
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<br /> � :i��; wNi�e nailiny addreas is P d Box 13�7 6r�nd I�rl�nd. !E. E+88�2�I50? '' --(�erein"Lender"R 7`'�a`'^�- -
<br /> a Y:- ';f� �r' 'Y
<br />', ���. ' � � Georg� A Ponl2cs �-,� --
<br /> - ��,. _,;, ���fOR VALUABLE CONSIOERATtON.indudinQ lender's�sxfensian of credit identified herein Lo �-�•.r�-,;.1:•
<br /> '< <P� { - • . � :,
<br /> � �' }t�� ���J Poullos � (herein"Borrowe�',whether ane ol more)and the trust herein created.
<br /> - r;., ti, �`';'':r • : ��° '} .,, ; �:
<br /> �`'''��� ���1'� tha�ieceipt ot whicA is hereby acknowtedqed,T►ustor hereby irrevoCabty grants,transfers,conveys and asaigns to.Trustee.IN - �.,•;�. : :�
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<br /> TRtSST,WfTHPQW�ROFSALE.forthebenefitandsecuriryof#,ender,underandsubjecttathetermsandcondidonshereinafterset ��,t,�,;�
<br /> � '":',`;:�:%_`.-: • � forth.9�e real D��KfI.deacribed aa foltows: ' : � =���-
<br /> �r..,�: � �.
<br /> � � �� i.ar �cpr ca� �a � rESr a� cwiiz� og wr s�vEn i�� awc�c rio �2f. psex �-�-��°--`_;_-
<br /> � -�=' lIILL Sll$DIYISION. GRA11D ISLAIID AALL COl1N?T 1fE8iGSKA. " . ;�"''�
<br /> ���,.y` � �.pT THIRTY t30) IN ISLAIID ACR�S Mp11HEit SEV�N t7) A SUBDIVISION OF PAllT OF ��' �`�' '��--`_
<br /> ' ' ' TI�E y�ST AA1.F O� TNE 11EST kALF .lYU2 Mi/2Z CF SEGfI��EItiHT�B)iAMD PAR7' OF •
<br /> � =.=�": ' t,pT ?MBMTY-FOtlBt2�f ISLAItD ACRE.S.�,rALL IN TOMIISNIP ELEVENtli) 1(OATH RAllGE .._. .
<br /> `� •-sv���� ;:�:�- . c�Tv 0 I p• q� �pyg� �
<br /> ' :.�;���;Y�•.-� ,., .• ��stti�Nit��u�in��h►�e�nt��fixtb�s,�sir8ets.�tt�i �sa�e�e�y3,ea3em{nt�Ap-h-(s.pr�i`^v'Teges and appuRe- ^ ,�.", .
<br /> � oances IOG1ted thereon or in anyxrlse peRaining thereto,and the rents,issues and profits,revereions and remainders thereot,and � . , �`
<br /> � • � such personal property that is attached to the improvements so as to constitute a fixture,inctuding,but not limited to,heatiny and ,
<br /> , . � � coqflnp equipmenfi and topether with the homestead or marital interests,if any,which interests are hereby released and watved;eit � $
<br /> � , of whlcb,includinp raptacements and additions thereto,is hereby dectared to be a part of the real estata secured by ihe Iien of this �� -fi+�
<br /> :,,:,;�_., '.�, Oeed of Trust and all ot the toregoing being referred to hereln as the"Properry". � . ` -
<br /> • �-.
<br /> " ° ��`�'��-��,.�� ' Thls Deed of Trust ahali aecure(a)the payment ot the�rinclpai sum and interest evidenCed by a promiasory note or Credit ` � __,
<br />, •"�! `{' _;
<br /> � ,.���•� � aqreement dated Ju�.-S 9#1 i-1992 .hav ing a ma t ur l ry da te of Julv lst 2�2 , - -
<br /> • . . in the origfnal principa�amount ot S � 318.16 ,and any and ali moditicaUons,extensions and renewa(s , �
<br /> � � . thereof or therefo and any and att tuture advartces and reaCvanCes to Borrower(or any of them if mora than one)hereurtder .
<br /> - purauant to one or more promiaaory notea or credil agreements(herein called"Note'�;(b)tha payment of other sums advanced by - -
<br /> ; Lender to proteCtthe sacurity ot the fYOte;(c)the performanCe ot all covenants and agreements ot Yrustor set fortb herein;and(d)ail . , �
<br /> � - � presen!and tuture indebtedness and obligations ot Borrower(or any of them if more than orte)to Lende►whether direct tndirect, , ��.�.:;•.•�.
<br /> ' ' absotute or COntinqent and whether artsing by note,guaranry,overdratt or othervvise.The Note,this Oeed ol Trust end any and all f ° "�F:-;�
<br /> :_ . ..: � otheraoCUents thet aecurethe Note or otherwis9 exeCUted In connection therewith,including without limitation guarantees,securlty i - _
<br /> ` ;i , - a9r+9ements and assiqnments ot leases and rents,sha0 be referred to herein as the"Loan Instruments". � `... .
<br /> � . , .. Trustor covenants and ayrees with Lender as(ollows:
<br /> � - � 1. Psylntant o1lnd�bt�dnH�.A1t indeb2eQnass secured hereby shalt be pa+d when due. : �
<br /> � � � ,` ' 2.Titl�.Trusto►ia the owner oi the Prope�ty.has Ihe right and authority to convey the Proparty,and warrants that the lien .
<br /> � c!eated hereb is a flist and rfqr lien on the Pto e ' �
<br /> : , � y p p rty, except tor liens and encumtirances set farth by Trustor in wrltlnp and i
<br /> - delivered to Lende�before execuNon of this Deed�!Trus�and the execution and dellvery o}this Qeed of Trust does aot vlolate any ' '� '
<br /> contraCt or other obligation to which Truator ia su��act, ' � P ' .
<br /> , • 3, UaM,M�nNnb.Yo pay betore dehrtquency all taxes,speciai assessments and all oiher charges against the Property ! �
<br /> ' now or hereafter levted. � '
<br /> 4. Utuana�.To keepthe Property inaured against damaga by fire,hazards inctuded wdhin thv term°extended coverage",and "• �
<br /> suCh other hazards as Lender may r8quiro.In amounts and with companies acceptablo to Lander,naming lender as an additlonal �
<br /> � �� - named inaured,with loss payabte ta the Lender.tn case of loss unQer such poiicies,the lender ia authorited to adjust Coltect and �
<br /> , � compromise,ail cfeims thereunder and shall have the optlon of apptying all or part o1 the insurance pioceeds(i)to any indebtedness j -
<br /> seeured heteby and In such order as Lender may determine.(ii!to the Trustor to be used tor the repalr Or re9t0iati0n o1 the P�operly ; . . .
<br /> . � or(iii)for any other purpose or obJect satistacfory to Lender wllhout e8ecting the I;en of this Oeed of Tru91 forlhe futt amouM seCUred �
<br /> ' � hereby before�uch payment ever took ptalce.Any appHCatton ot proceods to indebtedness shail nat extend or postpone the due ; � _
<br /> � . date of any payments under the Note,or cure any defautt thereunder or nereunder. � .
<br /> ". t � ' b. EsCrow.Upan wrltten demand by lertder,Truator shatl pay'to Lender,in such mgnner es Lertder may designate,suNicient f_ , .
<br /> • • sum�to enabte Lertder to payas they become due ond or more otthe toltowing:(��ail taxes,assessments and other charges against
<br /> � � the Property.(ii)the premiume on the praperty Insurance required hereunder,and(iii)!he premiums on any mortgage Insu►�nCe '
<br /> - , � - requtred by lanAer. - . = - -
<br /> � ' S. M�Mhnanc�,R�p�in and Compllanw wltt�Lawi.Trustor shat!keep the Property in good condition and repair,shab .
<br /> � ' � • ,. � � prompUy repalr,or repface erry impravement which may tie Oamaged oc destroyed;ahatl not com��t or permlf any waste or "•
<br /> • ' �� deterioratlon ot the Property;sha�i not remava,demolish oi substantia'.:Y atter any of the improvements on the Pro�erty;shail no!
<br /> � ' c4�rmi�auKer or permit any a�t?a be done In or upon the Prepercy in vio'a',on of any law.cr�inance,or regutation;ar�s:^all pay and •
<br /> ' � pr�amptly diacharge as'Cru�'s Cost and expense all liens,eeeumbra^ces and chargES:evied,imposed a assessb�against the
<br /> , ' ' Property oi any pert thereof. . .
<br /> � � ' 7..Emie�el DamaM.lender i9 hereby assigned sil compensation.3w�r�s.Qa�^��es and other payments ar ralie}(hereina�:e��
<br /> . -�----_,— _—'_-�—...—�-_ . _._—.._.__---_.---
<br /> • �� "Proceeda`q in connection wlth condemnatimn ar other taking of ffie�rop�",i or parf�er�of,or f0i�o�V�yrSr�c�tl�it�u Ot ConQemrsa�-�
<br /> ��'•`� d��t.lssnaer ehall be enti8ed at it�optton to commence,Appear 1n artd pro$eciite in i,s aa�n name any actlon or proceedings,and
<br /> � � •. s`afl atso be enUtted to make any compromise or settterr�ep!in conneeUOn wlth such tal�rtg or damage.in the evenf any po�ion ot � • "
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