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<br /> �������''� � ACKNOWLEDGEMENT OF DEED OF TRUST 92
<br /> ." � �"�
<br /> ��.:�. . "� . _.105
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<br /> -:��-�LL-�;:�,'!�.}' ,.' TRUSTOR RLAD THIS BBFORH SIONINO:
<br /> -..�rY....v� ii%
<br /> wa�xi-„_;,"1
<br /> :rr.��'=t��ar•.;� 4 i Trwtor untNraand�th�t fh�dacum�M th�t Trwtor Is�bout to ex�ouh b�DMd ol Tru�t�nd eol�monp�p�md �t pow�►
<br /> '� .�<.,:.t�;, •• - ol�aN provld�d lor In th�ONd of Tru�t provld���ub�l�ndNly dilf�nnt rlphu�nd obllp�tlons to Tru�tor Ih�n�mortpaps In th�w�nt
<br /> '�� '��-�'•��:�'� , of�d�hiult or brNOh of obtlpaGon und�r th�DNd ol Tru�t,Inaludlnp,but not Ilmit�d lo,th�L�nd�r'�ripht to h�w tho Prop�rty sold _
<br /> • �" , � bp th�TrWtM without any judicl�l proondlnp.TruNor npra�+nb and warranq that thls�aknowl�dpsm�nt w��ax�aubd by
<br /> �r.:�'.`_• ' a} Trw�or b�fa�fh��x�aW4n of th�Deed of T�u�t ��
<br /> �..-�'���"�..� �: � ., �/� m _ --
<br /> .�;��tA��:�;: �,� M CH L MEUB RT Tru r
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<br /> ���`.�`'i.3;� . . • Tru�tor
<br /> _ 4.�.���Ch�4�
<br /> -�—� , � ., °� DEED OF TRUBT WITH FUTURE ADVANCEB 6—
<br /> � �� � .. THI8 DEED OF TRUST,i�rrwde a�of the?.4Lh.._.day of Jun. ,19 g� by end emonp
<br /> �� ..:• • : the TNStor, 11iCNAEL L NEUBERT . tinal� Mr�on , --
<br /> -��',� �. � 3007 M. Stoli�y P�rk Rd. Gr�nd Iol�nd N� 68801-72�6
<br /> � . � � � whoae mallinp eddr�ss 1� (hereln"Truoto►,"whWhar ono or mon),
<br /> ";` �� °.�t,.''.;. `: �� , 1he T►u4tee, Fiv� Poi�nt� B�nk. � N�br��k• Corpor�tion . . ` _ __
<br /> � ��i,'i'.,;. „�:
<br /> e�<<.A___-
<br /> :,�.' `�. • � , ;, ` ;; 0. Box 1507 Gr�nd Isl�nd� NB 68A02 — -
<br /> •�:•,< . ' whoae mellln�addreoa Is P' (hereln'Tru�toe"►,and
<br /> .1'';.: ;',�,•�,s_� �`.<i'`'.";� the BeneAolary Riw Point� 8mk , ���:-_
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<br /> :�at-�•'�!:1:...:1,.';�.:.i
<br /> •�.�..., ,.. ..,:;:.i., P 0 B�x 1307 tir�nd I�l�nd. NE. 68902-SS07 ��'��
<br /> � � whose melllnp eddreas la. (hereln"Lendo►'y. �,;,...__
<br /> ;�.��• -_
<br /> , FOR VALUABLE CONSIDERATION,Includinp Lender's extenolo�of credit IdenUlfed hereln to —
<br /> Mrr.u�c�_ �_ ��ieEQT ���_
<br /> (hereln"Borrower",whether one or more)end tho trust hereln creafed, ��y-__
<br /> � " ' the recaipt of whfch Is hereby ecknowledped,Trustor hereby Irrevocebly grants,ire�elers,conveys and assipna to Tru�tee,IN `���� i•_
<br /> • • ' .� TRU3T,WIThI POWER OF SALE,lar the benefit end aecurlty of Lender,under and aubJect to tho terms and condiUon4 Iwroinoftar wt � '''`"'�s''�
<br /> � .,_-. ,•.�_ , . _t i�_. tath,the r0al properN.de�crlbed as idbwa:
<br /> LOT EItiHT �61,IN BLOCK TNREE !31, STBIIART PI.IIC� �3iiBL3ilI5301i, iiAi.L CGU�i'Y - --°__°-
<br /> �., • NEBRASKA. �t",��'f;
<br /> .. 3_ . �_IOM�1-u_.
<br /> ° Topether with all bulldlnya,improvements,flxtures,elreete,alleys,pasaapeways, easemanta,riqhts,prlvllepas and appurte-
<br /> nence�loceted thereon or In anywise pertelnlnp thereto,and the renta,Isauea and pro111a,reverslons and remelndera thereof,and �`.�'��-
<br /> � �uch peroonel property thet Ia arieched to the Improvements so as to constitute a lixture,Including.but not limited to,heatinp and �"�796-"�=--
<br /> cooHnp oqulpment;end topether with the homeetead or marital Interesta,ll any,whlch Intereats are hereby releaaed and walved;ell • w:"`-°_"
<br /> of whlch,Includiny replacementa and edditlons thereto,is hereby declared to be a pert ol the real estete�ecu►ed by the Ilen o1 tM4 �,.:__:�
<br /> �� Dued of Trust and all of the foreyoin�beinq referred to herein as the"Property". �-:�,�,�.
<br /> f'a.;-
<br /> „ � This Ooed of Trust ehall cecure(a)the payment of the principal sum and I�terest evldenced by e pramisaory note or oredit --
<br /> � aqreoment dated Juno..29tti 19�� ,havinp e maturfty dale of D�ae�b�r 26th 1992 , - .______, -
<br /> , .. --- � ., ,�k j`"-=-� .
<br /> in the orlglnal principal emount ol$ S•915.00 ,and eny and all moditicatlona.extenalona and renewals � ?=-�=�=•:;�
<br /> ° thereo}or thereto and any and aN future advences and readvances to Borrower(or eny ol them N more than one)hereunder .a =-• -�
<br /> rn�.,.� ��
<br /> � pureuent to one or more promissory notes or credit apreements(hereln ceiled"Note"►; (b)the payment of other aums advanced by ��,y,-;-,.__,
<br /> . Lender to protect the security of the Note;(c)the perlormance ol all covenants and agreements ot Trustor set fo►th hereln;and(d)all �T:S-;��:
<br /> " present and future Indebledness end obligations of 8orrower(or any of Ihem If rnore than one)to Lender whether direct,indirecR . . •- �
<br /> . absolute or contingent and whether arising by note,guaranry,overdralt or otherwiae.The Note,thls Deed ol Trust and any and all
<br /> � other docuents thal secure the Note or otherwise executed In connectlon therewith,Incl uding wlthout Ilmlta0on guarantees,securiry _.
<br /> - �� apraemeMa and aseipnments ot leases and renis,shall be relerred to herein as the°Loen Inatrumenta". f..":_=__:
<br /> Truslor covenants and agreen with Lender as lollows: �.��;�"�._`.
<br /> 1. Paym�nt ol Ind�bt�dn���.All Indebtedness secured hereby shall be paid whe�due. ' '�'?�
<br /> 2.Tltl�.Trustor Is the owner ot ihe Property,hes the right and authoriry to convey the Property,and warrants thet ihe Ilen
<br /> �� created hereby is o ffrat and prlor lien on the Property,except lor Ilens end encumbrances set lorth by Trustor In wnting end
<br /> " • delivered to Lender before exe�:utlon ol this�eed ol Trust,end the execulion and dellvery of thla Deed ol Truat does�ot vlolate any �,
<br /> contract or other obligatlon to which Trustor Is sub�ect. �
<br /> ' 3. T�x�s,Ms�um�na.To pay betore detinquency all taxes,speciai assessmenls and all other cheryes ayafnst the Property '
<br /> now or hereaRer levled. � •
<br /> 4. Imurancs.To keep Ihe Property Insured agafnst damege by Ilre,hazards included wfthin the term"extended coverage",end
<br /> � euCh Other haz9rda as Lender may requfre,in amounts and with compan�es acceplable�to Lender,naming Lender as an addltir�nal
<br /> � nemed Inaured,wlth loss payable to the Lender In case ol loss under sucn poUC�es,ihe Lender is authonzed to ad�uet,collect and
<br /> ' Compromlee,ell CI91ms ihereunder and shall have ihe option ol8pplying all or part ol ihc3 insurenCe proCeeds(f)t0 eny indebtedness
<br /> �� aeCUred hereby and In euch order as Lender may determ�ne,(��)to the Trusto�to be used lor the repair or restoratlon ol the Property
<br /> • or pll)lor any other purpose or ob�ect sallafactory to Lender wlthouf aNecting the lien ot this Deed ol Truat for the lull amounf aecured
<br /> hereby belore auch payment ever took plece.Any appllcation ol proceeds to fndebledrwas shall not extend or poatpone the due
<br /> dete ol any payments under the Note,or cure any default thereunder or hereunder.
<br /> S. E�crow.Upon wrlllen demend by lender,Trustor sht111 pey to lender,in such rnanner as Lender may desiynete,suMfclent
<br /> - '-��'— - EUf11S 10 6f18b18 L611d8►IO p8y B8 tney OecOme oue one or mora vi intl iuiivwi��y ji j nii iawn5,i�5565o�Tioi�i5 di�u�Si�oT�.1�aiyoa wyw:�o:
<br /> the Property,(II)the premlums on the property Insurance requ�red hereunder,and(iii)Ihe premfums On eny mortyage fnaurance
<br /> requlred by Lender.
<br /> 8. M�Int�n�nc�, R�pdn and Compllanc�wNh Law�. Trustor shell keep the P�operry in good condition and repalr; shall
<br /> • promptly repelr, or replece any Improvement whfch may be damaged or deatroyed:shall not commit or permft any waste or
<br /> deterloratlon of the Property;shall not remove,demollah or substantlally alter any ol the fmprovements on the Property;ahall not
<br /> commlt,auHer or permit any act to be done In or upon the Property in violatiun ot any law,ordinance,or regulatlon;and shall pay and
<br /> promptly dlacharge at Truetor's cost and expenae all Ilens,encumbrances and charges levied,Imposed or asaessed agalnat the
<br /> � Property or any paN thereol.
<br /> 7. Emin�nt Dom�ln.Lender la hereby asslgned all compensatlon,awards,dameges and other payments or rellel(herelnaNer
<br /> � "Proceeda")In connectlon wlih condemnation or other taking of the Properly or part thereof,or lor conveyance In lieu of condemne-
<br /> tlon.lender shall be enlltled at Na optlon to commence,eppear in and prosecute In Rs own name any actlon or proceedings,and
<br /> ehall also be entltled to make any compromise or setllemant fn connectio�w�th such takmp or damaye.ln ihe event any portlon of
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