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<br /> • ACKNOWLEDOEMENT OF OEED OF TRUBT
<br /> _ ,�:,� ------ TRtJSTOR RE/1D THIB BEFORE�SIONINO: ��.r �� -
<br /> .. �- ��.~. Trurtor unci�ratands th�t th�docum�nt Ih�t Tru�tor I��buut to ex�auM I�a DMd of Tru�t md no!�moAp�p��nd thaNh�powr�r
<br /> ';� � ��;,:a;�, . ' of al�provid�d lor In d�O�ed of Tru�!provlda submnGally dlHsraro rlg�t�and oWipaqons W Truator than�mortp�q�in thr w�nt
<br /> +� ,` �' ol�dMAUtt or brwoh o1 obNpatlon und�r th�DMd o1 T►u�t,Inalud�np,but not 1 I to,th�L�ndw��Ipht to hev�th�PropKt�r sold
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<br /> ' .:..��r.: by th�Tru�withuut�ny Judlal�l procNdinp.Tru�tor npra�nb�nd w �t knowl�dp�m�M w�u�x�out�d by
<br /> r •:�,�,.-� Thutor bNon th��x�ouqon ol th�Dwd af Trwt. `
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<br /> '°'�'` ' Y u�tor
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<br /> ���+ "' PAIT A Tr r
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<br /> �'�"•-%�;:� � DEED OF TRUST WITH FUTURE ADVANCES
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<br /> o�.�.��+.-�'` � THI3 DEED OF TRUST,is made ot ol the 21�t day of J�1• .10�by and�monp
<br /> �� � ��.:. �
<br /> y :4�r��`"�� ,�;„ ths Tru�tor, D�aay K Ob�rq i FAIT�I A 08ERti , hu�b�nd �nd rii�
<br /> ,•. ' . 3012 SOUTH LOCUS'l' tir�nd I�l�nd Re 69801-3709 �
<br /> �- ��'��`f-���. �- �°'�` whoso mailin addre=t Is (hereln"Tnutor;'whNh�r oM or mon, -
<br /> �ti��:.,� a,'�-.�,<.f - . '„��?',y��i 0 I
<br /> . „ ,.:tir' �TN�, Fiv� Point� Bank� � N�br��k� CorporwLion ,
<br /> ° ' ,. whoso malllnq oddreu is P.0. Box 13�7 Or�nd I�l�nd. NE 68802
<br /> (hereln"T�'.'��and
<br /> ` ., . , the Bonaliolary. Fiv� PoiRt• B�ak .
<br /> � .° who�mallinp addrew�s P.O. 6ox 1'i07 Gr�ed I�i�ad. IIE. 6980�-iS07 (here�n•L�ndny.
<br /> _- �:N4•{�•n_�.
<br /> " ' � � FOR VALUABLE CONSIDERATION,inoludinp Lender's exten4lon oi eiodlt Idendpad horeln to�nny K Ob�sq
<br />�s: ..
<br /> _ �• "• � � � E PAITII A OBERG (hereln"eorrower",whethe►one or more)end the tru�t hereln creatod,
<br />- _ ..;.°a 4�.;�.;Y_;_•,.•-'�:f the rec�lpt of whlch b hereby ocknowledped,Trusror hereby irrevocably qrants,tranefera,conveya and a�sipna to Truttee, IN
<br /> , ,•' " TRUST,WITH POWER OF SALE,for the benefit and securly of Lender,under and aub�ect to the terma and condiGons herelnatt�r a�t
<br /> '� torth,th real rope d ��p� s fo 0
<br /> . :���;,• " . FRAC�ION�L �'T�I�EE (� �l.�K FIYE IS1 IN SPAULDINa AND tiREQIi'S ADDITION TO
<br /> THE CITY OP GRA�D ISLAIi� HALL COUNTiY �IEBRA9KA, AND ITS CO1fPLEMENT, FRACTIOIIAL
<br /> ' ,,,;,,,� � ` I.OT THREE t3). BLOCK THR�E 13) IM AR�iOLD PLACE AN ADDITION TO THE CITY OF
<br /> LiRAMD ISLAIii�, NAI.I. COUNTY NEB�tASKAj AND LOT FOIIR l�) BLOCK FIYEt3), SPAULDINIi
<br /> �.��y � AND GRE(it3'S ADDITION TO Tr1E CITY OF ORARD ISLAND NEB�tASKA.
<br /> 1�e� Tp�E� �3; Npp LAI�D FIRST �.^,U�DIVISI�ON TO TNE �ITY OF (3RAND ISLAND�HALL C0.NE
<br /> . , -TopilFiBr it a I buTl7Pnys, mprovemen s, xturea,s reets,alleys,passapeways,easemente,riphta,privilepes and eppurte-
<br /> ' � �ances toceted thereon or In anywlae pertelninp thereto,and the rents,iasuea and prolits,reversiona and remelnders thereof,end
<br /> � "� �" � such personal property that Is attached to the Improvementa so as to constitute a Ilxture,fncludinp,but not Ilmit9d to,heaUnp and �_
<br /> �' ` • �. " coolinp equlpmen�and toyether wlth the homeatead or marltel Interesta.N any,which intereet�ere hereby releaeed and weived;all C
<br /> . :� .�, ol which,lncludinp replacemente and edditlona thereto,Is hereby declered to be a part o(the real as4►ta sYCUrad by tho MNt ot thl� `
<br /> �" � Daed of Trutt and all of tha forepoln�beinp relerred to herefn ae the"Property". _
<br /> S ' , ��.,.i.c....,.^. _
<br /> �` •:� � Thl�Deed of Tru�t ahall secure(a)the peyment of Ihe principel sum end interest evidanced by a pramissory note or credit
<br /> , .,.,..:. .. „
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<br /> � ' •..�e►•: apreeme�t dated JulX 21�t 1Q92 ,heviny a matur�ty dete ot July 21st 1993
<br /> : . ..�. .
<br /> IA, , "" .� 90.000.00
<br /> „ � In the oripinel principal amount of$ ,and eny and all modiffcetfona,extenalona and renewals
<br /> ° thereoi or thereto end any and all tuture edvances a�d readvances to Borrower(or any ol fhem H more than one) hereunder —
<br /> ' •• e purauent to one or more promisaory notes or credit egreemnnts(herein celled"Note");(b)the payment of other aums advanced by
<br /> � Lender to protect the securlly of the Note;(c)the peHormance of all covenants and agreements of Trustor set lorth herefn;and(d)all
<br /> , ' present and luture indebtednesa end oblfgatlona ol9orrower(ar any of them II more than one)to Lender whether direcf,indfrect, --
<br /> . _ - _ • ebsolute or contingent and whether arisinp by note,yuarenty,overdraH or otherwise.The Note,this Deed of Trust and any and all �°
<br /> ,� oNier docuenta that secure the Note or othenvlse executed fn connectlon therewlth,includlnp without Ilmltatlon fluarenteea,aecuriry t
<br /> ' a�reements end eeafpnmenta ol leasea and rents,ehall be referred to herein as the"loan Inetruments".
<br /> : ;�:� .� � Trustor covenents end agrees with Lender as tollowa: -
<br /> 1. Paym�nt of Ind�bt�dn�u.All indebtedness aecured hereby shall be pefd when due. -
<br /> 2. TNI�.Trustor Is the owner o(the Proporty,has the rfght and authority to convey the Property,and warrant9 that the lien
<br /> . �� created hereby Is a firat end prlor Ilon on the Property,except for Ilens and encumbrencea sel forth by Trustor In wrltfng and
<br /> , , dellvered to Lender belore execution of this Deed of Trust.and the executlon and dellvery ol thla Deed of Truat doea�ot vlolate any
<br /> . � ConVect or other obligetlon to which Trustor is aubJect.
<br /> ,�, , 3. TaxN,Au�ssm�n4.To pay before delinquency all taxes,apeclal assessments and all other charyes apeinst the Property �
<br /> now or hereafter levied.
<br /> . 4. In�ur�na�.To keep the Property Inaured ayalnat damege by Ilre,hazerda I�cluded wHhin the term"extended cove►ege",and
<br /> euch other hezards es Lender may requlre.In amounts and wfth compenles acceptable to lender,naming Lender as an additlonal �
<br /> •,� , nemed Inaured,with loss payable to the Lender.In case ol loas undor such pollc�es,the Lender�s authonzed to adJusl,collect and r
<br /> compromiee,all clalms thereunder and ahall have the option of apply�ng all or part of the msurence proceeds(1)to any Indebtedneas
<br /> . 1 . BBCUred hereby end in euch order es Lender may determ�nr,(If)to the Trustor to be used for ihe repair or restoratlon of ihe Properly �
<br /> . • or(III)tor any other purpose or ob►ect satlafaclory to Lender wul�out alfect�ng the Ilen ol thls Deed of Trust tor the full amourtt secured
<br /> _� ., , . . _ _�{ hereby betore such payment ever took place. Any applicatfon of proceeds to indebtedness shell not extend or postpone the due �
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