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<br /> .i' _'_` `� �.— _ — --- -�--.� �... _� . .. _ . APPL# 001-00025829� � ` _r _
<br /> ' CCD# 0100460143 . - `"4�- � :�- � - -
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<br /> HOME FEDE�U4L - GF�AND IS�lND . . .. �l-,_
<br /> 221 South Locuat St.. P.O. Box 1008 � � �c��-
<br /> Grand Island, Nebraska 68802-10�9 .� � - �--
<br /> �o�-$�z-a000 �� go�3�� . . : �.�
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<br /> ACK�IOVPiLEDGi�!lENT TO �EED O� TRt1ST : � ,. ..�
<br /> :��� The undersigne�°Trustor"as identified�a of Tr"ust and�not a mortgage. and that therpower of saletprovided foe �-�� - .� ��f' _
<br /> document thay are about to execute�s a Q
<br /> in the Dssd of Trust provides sufostantially different rights and obligations to the Borrowers than a mortgage in tha
<br /> but not limited to,the Beneficiary's righ�
<br /> avent of a default or breach of obtigation under the Deed of Trust,induding, . . . . ;�'
<br /> � to have the Property identified in the fo:'�c�:r�g D� �Qnt as ex cut d by ti�e�b�'^z t'•Q xecution of h Dee � � � •�.-�. ;��,y'�'�
<br /> Trust¢r represents and�varrants that tN�s�•c�:��a'� _ g �:h"�,`�F`�'`z�'`.,'�'��.°�'r,�""`
<br /> � E C' {r. �2
<br /> ��-�..fi� ���'`'��i�'••". ,
<br /> e`'��t hereafter set forth. ;,sG;j���r�=��it s�,`��```'"-h'�`'"�;�'"`":
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<br /> JSYtRY P ..s.�SSiv ��:."'—
<br /> 1��5�/'� � - '. — _`"I�Y�F^_.3�u_P_—�
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<br /> ���-'ag', MARY M SBN �.�`f,.,,� . ,�.�. -'_
<br />� �-�-�• HAME E�UITY L.INE DEED OF TRUST _�L�-
<br /> 16'PH day of �CT�B� , 1996 between __�___ _ ,�
<br /> THIS TRUST DEED made this : � , ___ `
<br /> .- . ,�aARY D sECtsBN Arm btnRY M �tSEN. HoSeAem 1� ��1424 S HARRISON. C3RAND I3L11ND. NE 68803 . - - '__.
<br /> hereinafter call "Trus tor",w h o s e m a i l i n g a d dress is " ' � �'�'�-°
<br /> ;as°Trustee";and Home Federel Savings and toon Association of Gren d ls lan d,w h o s c� V.. rY�_ : - T
<br /> maiiing address is 221 South Locust. P.O.Box 9009, (3rand Island, Nebres6ca 68802, as"8eneficiary . .`� �'� `
<br /> ' For valuable consideration, Trustor irrevacably grants,transfers, conveys and assigns to Truatee, tn ttust, w{8'h , � �. �_,
<br /> :. , ; _
<br /> , ' power of sale,tor the ben�fit and security of Bensficiary, under and subject to the terms and conditlons of thiu Oee�, _�
<br /> . HALL ��� - � ' _
<br /> of Trust,the followin8 described property located in . � �.
<br /> Nehreska, to wlt: �- r°
<br /> A TgpCT OF I,1►ND COMPRISI1�SCi A PART OF TSS NORTHWSST QIIARTER OF THS ,� ;� t�.
<br /> �' {f.. .
<br /> . SOUTHWBST 4UARTEA (�a$SWIJINE� l 9F WEST OF T�HB 6�THOIPJE•M(21MORB PARTISCOLp . 1"'..: .'�<�•',�
<br /> , BLEVEN (11) NORTFI. ' �t• '
<br /> ARLY DESCRIBED AS FOI.IAS+IS: BEGINN7Sifi AT A POZI3T ON THE BAST LINE OF r �;�. _
<br /> SAID Nk]i/4 SWi/A. SAID POINT BEA�TG SEVEN HiAJDRBD FIPTY SSVIIN AND FOIIR ���:; :
<br /> _ .��N �S (757.41 F88T SODTH OF TSE PIORTFiEAST COFNER OF SAZD NWl/45W1/4
<br /> 4
<br /> .:^;�,�;
<br /> •:";>' AS IJOW L•OCATBD; TASMCE DEFLECTIN6 RIt3ST 90 00' AND RUNNIN(i WEST A DIS- �•.,-:�.:
<br /> " TANCE OF iW0 HUNDRED THYRTY (Z30) FEST: THEZTCA RTlI3NIPId 30UTI3 AND PARR-
<br /> r,��,r. ,
<br /> '' pLLEL TO THE LAST LINS OF SAID NWl/4SW1/4, A DISTAIJCE�Q�F� DEFLECTZNG • ' �'� r,i?����-
<br /> , , giPTY NINS AND FIFTY-FIVE H(JNDREDTSS (Z59.55) FBET: l. =,.-:. ..�.;..;., , .
<br /> �''z�.y._ LEFT 90 00' AND RUNNLN(3 EAST TV70 H[TND148D TfiIRTY (230) FSET TO A POINT •:,{``. `°�:..,�'. ,.
<br /> .�� ��,;,. ON Z'HE Bs1ST 7,INE OF SAID NWl/4SW1/4, i�'z'..._.NCE RLTLJNII�TC3 NORTti ALONd SAID
<br /> t�, .. �,jt.�.',�:. :Y'.,r.
<br /> '?'i�,'ta��,' EAST LIA7E. A DISTAbICE OF TNTO HUNDRED s'�IPTY-!Y�'ID'� AND FIFTY-PIVE HUND- •_'�- ,;�i'�'�'
<br /> '':`';'%,:",�� REDTHS �259.55) FEET TO TFIE POINT OF '3�C;IIv'T�`�-►±�, SIIHJECT TO ROAD Id��iT �'�; � �r'L
<br /> T EDGE C? SAID ��. �L COUNTY. 1,ri� --
<br /> ..?t1:�Sl,� OP WAY ALOPId AN UPON T8E EAS - ,�;�.�
<br /> � �:?'il•:j NEBRASRA� SXCBPT THERL'FROM A TRACT BF �OVD.'9 TIIORS PARTICQLARLY D3- ___� �-.: ��:=:.
<br /> '�-':,1. DESD RgCOgDp,D �.; rOOR 157, PAC3E 452, RECORDED �
<br /> SCRIRF.D IN WARRANTY �l,aa���_
<br /> �'����'�;� . '��.
<br /> "��,:;.• THE l3FFICTs OF THS REGISTBR OF DEED C? HALL CODNTY. NEBRAS •
<br /> .��:�-••;�� � it being agreed 4h�t all of ' 4•.•.; -
<br /> +��F�*K�� together with all buildtngs,fixtures,ii,siy�-�uvements and appurtenancos thereunto belonvi� . ;
<br /> ../r•;i .- �"�ui� �
<br /> }::vl:.i:'.
<br /> the foregoing shall be hereinafter rc�r�-r•��to as the "Property". c':'�. , f.,,t
<br /> "r t . .<Cl�,.'. .'_R���.
<br /> � FOR THE PURPOSE���C�U�1hG pertormance of each agreement and covenant of Trustor hereln contairt�d and ; '�±itim:��!�� �:�'
<br /> the payment of the princ:��:sum a� T�'�TY T�OII3AND DOLLAAS a.xo/c�'s ;;.
<br /> Dollars(9 20�000.o0 3, as evidenced by a Home Federsl Home Equity Loan Agreement botwesn ��i':.' :� � ..� '. �
<br /> �.����•��
<br /> Trustor end Beneficiary(the"Loan tYm*r-�:nent"1,pursuant to which Beneficiary will advanca tunds to Trustor from time �,, `
<br /> to time at the interest rates and upan the terms provided therein, togethe� with any sum or sums of mano!i �cv:th �'�,1,,,,, --
<br /> .,;. � ,.;.�_'
<br /> interest thereon which may hereafter be paid or advanced under the terms of this Desd of Trust, both princi�s:31 sum r�`Y�`^ „�.. -
<br /> " ��;t
<br /> and interest thereon being payabie according to the terms set toRh in the Loan Agreement, roference to which is �t --
<br /> hereby made, at the affice of the Beneficiary in Grand Island, Nebraska, or at such other place as Beneficiary may s_�q,.�� , _
<br /> designate in writing. �•�<h�Y���� "
<br />. :°.`f.-,w
<br /> � TRUSTER A,NO BENEFICIARY COVENANT AND AGREE AS FOLLOWS: ,:. ;»�.'�€r�':'� _
<br /> :..fir.�.�. �•'
<br /> � � 1. Warranty of TWe. Trustor is Iawfutiy seized of the Property:has good right and lawiul authority 2o selt and ,,.�, ,;, ., �__.
<br /> ' convey the Property: the Propeny ia free artd clear of all liens and encumbrances excopt Hens now of rocord; and -.� ; �.� ;•
<br /> Trustor will wer�ant and defend the title to the Property unto the Trustee and ita successors and assigvsa forever
<br /> . �.A..
<br /> against the cleims of ali persons. � —
<br /> � 2. Payment of Princlpal and Interest. Trustor shell punctually pay the principal of,and interest on, all edvances
<br /> under the Loan Agreement and wiil pun�tuatiy perform ali agreements,conditions and provisions of any othor security ��r _ ;r : r_.
<br />� � instrument given in connection with this transaction. , • . � � �
<br /> ' " �• 3. Proservadon end Maintonae:�o of Proporty. Trustor will not commit any waste upon the PropertY at witl, at --
<br /> ;,;;�::�,: � . . --
<br /> a l l ti m e s, m a i n t a i n t h e same in Q�r,d order and condition and will make, from time to time, all repairs, renewals, ;..;;�� _
<br /> replacements,additions�nd improve�nents which are reasonably required to prevent waste,impair m e n t o r d a t e r i o r a tion
<br /> ; of said property. No bvi?ding or i.nprovement now or hereafter erected vpon the PropertY shall be altered removed , ;i;.•
<br /> ° � or demolished without the prior v.rritten consent of Beneficiar:�. � ,. . .,.'�; '� ,�;
<br /> ' i 4. i�scureneo. Trustor,at its ezp°nse,will maintain wie(ro -*�surers approved by 3onoficiary. insurance�vith ros�ect ;, .,,,,. __
<br />,`:,�;�;•.�, ; � ''!'},�;,.::,...
<br /> � �' to the improvements and person�y p►apern/constituting t'r:o�ropsrty against loss c�/`ire,lightning.tornado�.�d other
<br /> '.';`,;;;j.� '•,' perils covere0 by stancard exie%�ubu'G'vvoi�y:�^'!�'s°^'•°''?�n an amount equa%t0 aL �8r7's'[�n2i�u���0d per�ent of the � _ . - -
<br /> `'' � fu l l rep l a c e m e n t v a l u e t t��r e o f,an3 insuranco z gainst such other h�7ards and in s�ch amnur�t�3 3s�ustOPr4sTiry carried �
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