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<br />----- ACKNOWLEDOF.�AENT OF DEED OF TRU6T92_ 1OSS�8
<br /> =a��
<br /> -- - "— TRUBTOR READ THIS 6EFORE 810NIN0:
<br /> ""- Trustor undN�nd�th�t th�docum�nt th�t Tmstor Is�bout to�x�outs I�1�DNd ot Trusf�nd ad�moApap�And that th�pow�r
<br /> of nl�provid�d Mr In ih�ONd of Trust p►ovld�s wb�hntldly dIB��Mt riphb�nd obllpaqon�to Truaor d�n a mortp�a In th�rvM1t
<br /> ��� of�dNault or bnach o}obtlaadan undor th�D�ad of Tru�L Inaludinp,but not Ilmit�d to,ths L�nd�r'�rlpht to hav�th�Prop�Ay wW
<br /> =— by th�Yru�without any�udlcld prxsedlnp.Trwtor npnunpl and wurant�th�t thl��aknowl�dp�m�M wiu�x�aut�d by
<br /> :� Tnwfor bdon qa uc�outlon of th�OMd ol Tru�f.
<br /> �-_.___-' - r�
<br /> �•.��,�,��s.� �
<br /> _:� r i� C�n . na• ruito
<br />-_rmca;�m�r'a'r s;`-"' Tlu�tor
<br /> Kath cFsrland
<br /> �;�.�,�.; Chalr�msn ot the Board
<br /> a��.:�.���,�.-w..:�:
<br /> .-.sW�;;�:;z� DEED OF TRUST WITH FUTURE ADVANCE8
<br /> :��������:, 26th Jun. ,tp 92 by a�d amony
<br /> THIS DEED OF THU3T,i�made at of tho day o1
<br /> ��°��L��'� Csiot� C�nt�r. Iaa., a Nebraeka Corporatian
<br /> ��+��`���u' ``:�::. �, tMN Trwfor. �
<br /> �����. P O Box iN8 ar�nd i�land NE 68882-1008
<br /> :,.;�.ri�,° "� whoN mfllinp�ddresf Is (hereln"T►u�tor;'whaha on�or mor�), —
<br /> `"'�^��. ' Fivo Point� Bank, a Nopra�k� Corpor�tion
<br /> .�z '. ;�� th�TrwM�, , - -
<br /> -��"� P.O. Box is07 Grand Ioland, NE 68602 �-- -
<br /> ;`:;;''"'��: _:�'. ` , whow malllnp addrea is (�rNn'Truqw"►,and �
<br /> �.,,'�.��?'��� . tFw Ban�Bclary, Fivo Point� B��k
<br /> .
<br /> ``'�'�--��''�`� whow�rwlli�p addrou Is P.0. Box 1309 I3rand Iolond, NB. GA802-is07 (heroin"londe►'q. --
<br /> .�a-f,:dt+a.iic�,.�-
<br /> .^,��'h��,_^.t ',, FOR VALUABLE CON8IDERATION,Inoludlnp LandoPa extenslon of credit Idendflai herein to —
<br /> ���'�� ' '�'�'' ' Cri�ir C�nt�r, Ina.
<br /> .,.wri,.,,,. .,. �
<br />- ,R �' (herein"Bo►rower',whether one or more)and the trust hereln orea
<br /> y����� the recalpt of which i�hereby aoknowled�ed,Truetor hereby irrevocebly yrents,trane(ers,conveys end assipne to Truetee,IN
<br /> , TRU3T,WITH POWER OF 3ALE,for the beneflt and Qeauriry ol lender,under and aub�ect to tho terma and conditlons harolnafter�et
<br /> ,": ,y,,,,;,.�.:�;;. � iorih.iim reai pw i d- cilp�,� 6i IloWS'
<br /> _ . Lot Six l6���l�o� Su�d�vi�fon� in tho City oi 13r�nd I�l�nd. Hall County.
<br /> .. M�bradca. —
<br /> it�stz�,:... .•s �
<br /> - 1'i.,t�....yR. • ___ _
<br /> � . � Topether with all bulldlnps,Improvements,Uxturas,otreets,alleys,paesafleways,easements,ri�hts,privllegea end appurte-
<br /> �• � nonces located thereon or In anywise pertalning thareto,and the rents,Isauea and prolita,reverslons and remalndero thereot,end _
<br /> �� �'""' such pereonal property thet le attached to the Improvements ao ea to constitute a Ilxture,includinp,but not Ilmited to,headnp and
<br /> ••�.• � cooliny equipmen�and together wlth the homeatead or meritel Intereate,if any,which intereets ere hereby released and welved;all �.-
<br /> �� � of whloh,Includinp replecements and edditbna thereto,la hereby declarad lo be a pe►t 01 the real Yotate aecured by the Ilen o1 thl� �'�•-
<br /> „ .•. a • Diad of Trust and all 01 tho Iorepoiny beinp referrod to hereln os the"Property". _
<br /> � _n.,,,;;, , . Thi�Deod of Trust ahell�ecure(a)the peyment of the principal aum and Intarost evidenced by a promieeory note or cradit � "
<br /> •�,::i::�.� r
<br /> � �'����v� ayreoment dated Junv 26th 1992 ,hevinfl a matwiry dete ot ��� �th 1997
<br /> , ��
<br /> � • In the orlpinel principal emount of S �'�'� ,and any and all modiflcetlon4,extenaions and renewels �, ,
<br /> _., ��' thereof or thereto end any and aU tuture advances end readvances to Barrower(or any of them it more than one)hereunder
<br /> . � purownt to one or more qromit�sory notes or credlt epreements(hereln celled"Note");(b�the payment of other auma advanced by _�
<br /> ' ���,r;� Lender to protect the eecurily of the Note;(c)the pe►formance of all covenants end ayreementa ot Trustor set lo►th herein;and(d)all _
<br /> preaent and luture indebtedness and ob8qeliona ot 8arrower(or any ol them ff more than one)to Lender whether dlrecL I�dlrect,
<br /> � ' ebsolute or contingent and whether erialnp by note,yuaranty,overdrefl or otherwise.The Note,thls Oeed of Truat and any and all
<br /> r� �.:aat,,;i;., offier docuent�thet secure the Note or otherwise executed In connectlon therewith,includfng without Iimitetion guarantoes,oecuriry �r�
<br /> ' ' • apreements end easipnments of leaaea and rents,shall be�elerred to hereln as Ihe"Loen Instrumenb".
<br /> Truator covenants and apree�wlth Lender as fallowe: —
<br /> ' � 1. Pqm�nt ol lndtbbdn�u.All indebtedneas aecured hereby shall be pa�d when due. ---
<br /> 2. TIU�.Trustor le the owner of the Prope►ry, hes the right and authority to convey the Prope►ty,and werranta that the Ilen
<br /> ' created hereby le a tirst end prlor flen on the Prvperty,except for Ilens and encumbrances aet fo�th by Trustor in writinp and
<br /> ' . delivered to Lender before executbn ol thls Deed ol Truet and the executlon end dellvery o1 this Oeed ol Trust does iot vfolate any •• ,
<br />_ , conbaCt or other obNgetlon to which Truslor fs aub�ect.
<br /> 3.TaxN,Au�um�nb.To pay belore delfnquency all te�ea,speClal aesessments and all other charpes ayalnet the Property
<br /> now or hereafter levled. ; .
<br /> — . '' , 4. Inturanc�.To keep the Property insured ayainst damage by Ifre,hazards�ncluded within the term"extended coverege",and ,
<br /> r�uch other hetards as Lender may requlre,In amounts and with compnr,Jes ecceptable to Lender,naminq Lender as an additbnal �
<br /> —' named insured,wfth loaa payeble to the Lender.In cese ol loas under such policiea.the Lender Is authorized to ad�uat,collect and �
<br /> �� ., compromise,all clefms thereunder and shall have the optlon ol epplyf ng ell or part of the Insurance proceeds(1)to any Indebtedness
<br /> - �� aecured hereby and in such order ea Lender may determine,(I1)to the Trustor to be used lor the repafr or restaratlon of the Properry �
<br /> or(lif)lor any other purpose or ob�ect satlslactory to Lender without aHect�ng the I�en o1 this Deed ot Trust for the lull amount secured
<br /> hereby belore auch peyment ever took place.Any appllcation ol proceeds to fndebtedneas ahall not extend or postpone t1�e due �
<br /> dota o}any payments under the Note,or cure any defaull thereunder or hareunder. �
<br /> ��`.=��-__� R Q�---••= I IMA WIIMeI1/IO/R�RI�I�V�a.,.�o. TnN�AI�I1011!f0 V 111 I AflllAf �n�uch manner as Lender mav deslonete.eufllClent .
<br /> eume to ene�ble Lender to pay as they beCOme due one or more of the lollowing:�1)all texea,asses�ments and other cherges ayafnst
<br /> U the PrOperty,(li)the premlums on the property Insurance reqwred hereunder,and(111)the premluma on any mo�tpape Inaura�ce �
<br /> requlred by Lender.
<br /> •� 8. Malnt�n�ne�, R�pain aad Compll��c�wNh L�ws. Truator ehall ke�p the Properry fn yood conditlon and repa�r,ahall
<br /> ' � , promptly repelr,or replace any Improvement whfch rnay be domayed or destroyed,shall not commlt or permft eny wa8te or '
<br /> � � deterloratlon of the Properry;ahall not removo.demollsh or substantle�ly aRer any ol the�mprovements on the Prope►ty.ahell not
<br /> , „ , •� commit,suHer or permll any ect to be done In or upon the Property In violat�on of any law,ord�nance,or reyulallon:and ahall pay and
<br /> � promptly discharye at Truator's cost end ezpenae ali liens.encumbrances end cherqes levied,�mposed or asaeased ayaln�t the
<br /> _ ProperK�or eny pert thereof.
<br /> � 7. Emin�nt Domaln.Lendar Is hereby easfyned all compeneatfon,awerds.damapes and other paymenta or rellel(here�naNer
<br /> ' " "Proceeda")In aonnecUon wlth condemnatlon orother tekinp of the Properly or part therec+l,or fo►conveyence fn lieu of condemna-
<br /> Uon.Lender ahall be entltied at fts�pt�on to commence.appear In and prosecute in�IS own namo sny action vr proceedfngs,and
<br /> , shall also be Yntftled to meke any c�mpromise ar setUement In ConnecUOn w�th such taklny or d�ma�.In the event nny portion of
<br /> „ N/C 5�671NarqcWlurMOw011wr 10•Y/
<br /> . O 1�MNOnN�wr d CoT�wc�T.wt�nd S�v��Nwc.awn l�ncoM N�brw. �
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