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<br /> ACKNOWLEDGMENT TO[�EED OF TRUST
<br /> Ths und�rsipn�d"TN�tot"�f Id�ntifl�d In th�tollowlnp O«d of Trusf,whsther on�or moro,understand th�t th�docum�nt
<br /> — fh�y�n�bout to�x�cuts U a DNd of Trust and�ot a mortpap�,and th�t th�power of wt�provid�d for In th�DNd of Trust
<br /> ��+s� provld�a subst�ntl�lly dNtHent riphts and obllp�tlons to th�8onow�ra Ihan a mortp�p�In th��v�nt of a dehult or brMah oi
<br /> obllpatlon undK th�D�ed of Trust,Inaludinp,but not llmlt�d to,tM B�naflolary's rlpht to h�rs th�Prop�Ay Idmtlfl�d In th�
<br /> - =.�.�.�� followinp ONd oi T►wt sold by th�Trustes wlthout any)udlclal p�oas�dinp. Trostor nproesnla a� warrants that tAls -
<br /> ����� Aoknowl�dpmmc was�x�out�d by thsm l�fon!M�x�autbn of tln ONd of Tro�t h�naft�t s�t torth.
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<br /> _—:���?'^l COLLEEN Ti SI ON
<br /> =���� '� HOME EGUITY LINE DEED OF TRUST
<br /> =-"�=��'`���� THISTRUBTDEEDm�dethls 26TH d�yof JUNE ��g 92 ,�twssnKEl�(�ETH T srmnr� 1�� .� EN _
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<br /> Y T Si�pAl� h�nlnaftsr call"T�ustor",whoes mallinp address In_ �822 N HOWARD CT, �
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<br /> '�'#t � `�- �;''�• AREND R BAACK ,Attomey at Law,whose maillnp addeee la PO 80X 790 �
<br /> '� �' �.:��,',,. � as'Trustes";�nd Home Federat Savinpe and Loan Aseocl�tlon of drand I�I�nd,whose nwlllny addrese Is 2218outh Loaust,
<br /> ,. ; � P.O.Box 100�,drand lelaod, Nebruk�8B80Z,as"Beneflalary".
<br /> For valuable aon�id�r�tlon.Trustor Irrev000bly prants,tranefero,convey�and�ealqns to T�ustss. In tru�t.with pow�r of
<br /> �-;���"��,�>�it,,_ sal�,for tM b�nsfit�nd s�ourity ot B�n�flaluy,untl�r and sub�eot to th�terms�nd cvnaiitiomi vi iiii�Daed of Tsuai,iiia taliaw-
<br /> • ^r+�� I�p d�aarlb�d prop�rty loc�t�d I� HALL COUNTY ,Nnbr��ka,to wlt:
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<br /> — ,�_, �° � � .,, LOT FIUE (5)� If�PERIAL VILLAGE SEVENTH SUBDIVISIQN Tfl THE CITY OF GRAND
<br /> ', •«�• ISLAND, HRLL COUNTY, NEBRASKA.
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<br /> ::�- ��. -' �� topethsr wlth all buildinpa,fixturea,Imprqvoments and appurtenonaes thoraunto belonylnp. It balnq opreed th�t all ot tho
<br />—`���{�''=" forepoln�ahdl be hew�noRe►refeRed to as the"Property".
<br /> s�v FOR THE PURPOSE OF SECuRINa �torman e of nch inent and covenant of T�ustor hereln contal� p�y
<br /> - +��� ment of the princlpN sum of Eight �iousand� an�-00��--------------------'Dollara(S 8+�'� ►�
<br />� ,��+- ,V`' as evidencsd by a Home Federal Home Equlty Loan Apreament between Truetor and Beneflclary(the"Loan A�reem�nY'),pur-
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<br /> � euant to which Beneticlary will advance fu�da to Trustor from time to time At the Interest�atea and upon the terms provlded
<br />_ ';.`" � thereln,topether wlth ony aum or auma of money wllh Intereat thereon whlch may hereafter be paid or edvonced under the
<br /> �• � �•' � ' tsrma of this Daed of Trust,both prinalpal sum and Intarest thereon be�np payable accordlnp to the te�ma aet forth In the Loan
<br /> •�►•� ��.�� Apreement, refe�ence to whlah la hereby mode,af tho oHice of the Beneflciory In(irand leland. Nebraska,or at euch othor _
<br />�� ,� placY as BsnetlClpry may deslpnate In writlnp. _
<br /> =-w TRU3TEii AND BENEFICIARY COVENANT AND AOREE AS FOLLOWS: -
<br /> "J'� � ' 1.Wamnty of TIU�.Trustor Is lawfully selzed of the Prope►ty;hea pood rlpht and lawful authorlty to sell and convey the Pra -
<br /> � � �, . perty;the Property Is tre9 And clear of all Ilens and encumberances except Ilena now of record;and Truator will warrant and de- E
<br /> •, fond ths tltle to the Properly unto the Truatee and ite auccesaoro ond assipns forever apalnet the clalms of ell persona. �
<br /> ;� ��� 2.P�ym�M of Prinaipal�nd Int�rast.Truator ahall punctuAlly pay the principal of,rand Interest on,all advences under the
<br /> Loan Aqreem�nt and wlll punctually pe►torm all apreements,condltlone and provlelons of any other securlty Inatrument 91ven
<br /> .'�` �:.,:�s-:. ��.,�:_- In connectlon with thle tranaactlon.
<br /> 3.Phs�watlan�nd M�IntNt�nea of Prop�rry.Trustor wlll�ot commlt any weste upon the Praperty at wlll,at all tlmea,main-
<br /> � . tdn the a�me In pood order and condltlon and wlll make,trom tlme to tlme,all rapal�a,renewala,►eplacementa,addltlona and
<br /> � Improvsmsnt�which ere roaaonably roqulrad to p►event waate,fmpairment,or deterivratlon ot aald property.No bufldinp or
<br /> � Imp�ovement now or hon�fter a�ectod upon the Property shall b�altored,removad or demoll�hed without the prlor wrltten
<br /> ' � consent of Beneficl�ry.
<br /> �; �� 4.Imunna.Truator,at Its sxpenae,wlll mAlntaln with Inaurers approved by Beneficlary,inaurance wlth reapect to the im-
<br /> � prov�menta and peraonal proerly conatitutinp the Prope►ty apalnst loae by 11re,I{phtninp,tornado and othar perfla covered by
<br /> � • at�ndard eztended covsrape endorsoment In an emount equal to at lepst on'hundred parcent ot the full replacement v�lue
<br /> . � b� thereof,And Inaur�nce a�dnsf auch other hezarde and In auch amount as le cuatomarlly carrled by ownere and operatora of
<br /> , .=� r almllar properllae and aa Beneficl�ry may requlre for ite protectlon.Truetor will comply with �uch othnr requlrementa as ,
<br /> Bensflclary m�y from tlme to tlme requeat for the protecUon by Inaurance of the Int�reat of the reapective portlea. All fn•
<br /> ti- ` . �'".,. surincs pollclua malnt�lr»d pursuont to thls Oeed of Trust shall n�me Truetor end BeneNclary as inaureda,aa thefr�espective
<br /> � " , Infernts may appsa�md provide th�t thero ahall be no cancellatlun or modlHc�tton wlthout fUteen(18)days prlor wrltten
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