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<br /> ACI(NOWLHDOHMENT OF DEBD OR TRU$T
<br /> _ . . -- ---- 'I�NUdtOR RRA�TNId B�FOi1�M4NIN0: L�2•�+ 1�` `s �
<br /> ..57.-.�T�A.
<br /> ����'�"�� Tru�tor und�rs�nd�Iha1 th�doaum�nt Ihrt Tru�tor I��bout to�x�out�I���Md of Trwt�nd nol a moAprp��nd th�t tM pow�►
<br /> ti�.;�,���. ,,. : ..�4,; of W�provld�d lor In th�O�ed oi Trwt provld���ub�tantl�lly difl�wnt rlphu�nd ob1lp�Gon�to Tru�Wr th�n a mortp�p�In the w�nt
<br /> 01�dN�ult or brNOh of obllatllon untNr Ih�OMd ol Tru�t,Includlnp,but not Ilmit�d to,th�L�nd�r'�rIQM to h�v�Ih�Prop�Ry ald
<br /> � '-�J16`a by the Truetea wlthout eny Judlclet proceafln�.Tru�Mr r�preaenb and warAnb th�t thl��oknowledpMn�nt w���It�ut�d by ,-
<br /> � �N� Trwia bNor�th��outlon W th�DMd ot Tru�l.
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<br /> �P1 n Tru�tor �
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<br /> r ' BET'i'Y I M Trwtw
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<br /> +; �'�° , DEED OF TRUST WITH FUTURE ADVANCES
<br /> ,LL•.�� :�:
<br /> � . Y� THIS DEED OF TRUST,I�mada as o1 ths�.day of �..L_ _,1p�2,by and amonp
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<br /> ``" . .rv� [3 R�eh n � BETiIf J EICHMAM . hu�bllRd �Dd Mit�
<br /> ° ' • � th�Trwtor. —�—K •
<br /> �-���° .�, . . 61 V�nus Ct Ald� N� 69810-974� -
<br /> �:�;'- '..� 'w. _ whosa malNnp eddroa 1� (herWn"Truotor;'whoth�r ono a moro).
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<br /> •� ' � � � '"".� ttKTnhtot, Riv� Peint� B�nle, � M�br��k� COlQ9F�tion ,
<br /> . . . � whoaa nwtWnp addres I� P.0. Box 13�7 Iir�Rd Itland. NE 68802 (Iwroin"TrostN"►.and
<br /> . . �
<br /> .. . ttw9onaflalary� o..._ o..�..•� a.n� ,
<br />� �._!�n . Lr�
<br /> "" ` whossmolllnp addr�s I� �.� �* ��� �� i.i.ed BE. 68A82-1307 - (herein"I.w�dar'q.
<br /> , L FOR VALUABLE CON8IDERATION,includiny Lender's ezten�ion ol crodit idenlltied hereln t��=��y � �abll�n
<br /> � �„ a�rrv _T Rf[!NM�Y (hef61f1"Borrower",whether one or more)and the truet herYfn creatod,
<br /> — °-`" '- ° = ihe rec�ipt ai whlch I�iiereby acknowiedaed, Trusior heraby irrevocably�rants,transfors, canvcy�and a°slpns!o Tru�tee,1�!
<br /> —
<br />�. ' TRUST,WITH POWEH OF 3ALE,for the benellt and security ol Lender,under and subJect to the terms and condltions hereinaRer�t
<br /> • foAh.the►eal property,deacrlbad ao lollowa:
<br /> LOT SIxTY ONE 161). IM ARGO 4TH SUBDIVISI011. IN THB VILLAOE OF ALDA� NALL
<br /> �, F,+ � COUII�'Y. IIBBRASIU.
<br /> �.,
<br /> • . Topether wlth all bulldlnpa,Improvements,Ilxlurea,atreets,alleys,passepeways,easementa,rights,privllepes end appurte-
<br /> �� nencee located thereon or In anywfse perleining thereto,and the rente,Issuoa and prolits,reversions and remainders thereof,end
<br /> � �,. auch personal property thet la atfached to the improvements so as to constitute a fixture,Includinp,but not Iimited to,heaGnp and
<br /> • • � coolinp equlpment;and topether with the homestead o�marital interesta,if any,which intereats are hereby released and walved:ell
<br /> �. •�� of whlch,inaluding repincements end eddltlons thereto.ls hereby declared to be a part of the real ettate a�curad by Uw lian of thi�
<br /> �t"'. , •• - " Desd of Truat and all of tho lorepofny boUp rotorrod ta heraln ns tho"Property". ---
<br /> �' . � Thls Ooad d Trust ahall aecure(a)the peyment ol the prf�cipel aum and fnterest evldenced by a promisaory note or credit �T.
<br /> � �.,w�. apraement dated ,havfnp a maturily date o( Juiv 29th 2002 , _
<br /> " � � "� in Ihe original principal amount ot� 33,451.4S ,and any and all modlficatlons,extenaions and renewels ��-�
<br /> .,. . , , thereol or thereto and any and ell future edvances and readvances to Borrower(or any of them ff more than one)hereunder
<br /> . • purouant to one or more promissory notea or credit agreements(herefn called"Note");(b)the payment oi other sums advanced by
<br /> Lender to protect the aecurity of the Note;(c)the performence of all covenants end agreements o(Trustor set forth hereln;and(d)all ��
<br /> . . present end future Indebtednegs end oblipatlons of 8orrower(or any of them If mora ihan one)to Lender whelher direct,Indirect, �''`
<br /> ^• - ' abtolute or contingent and whether erlsing by note,yuaranry,overdralt or otherwise.The Note,thls Deed ot Truet and any end all �
<br /> , �t"'`� "` other docuenta thet aecure the Note or otherwise executed In connectfon therewith,fncludfng without Ilmitation puerantees,aecurlly __
<br /> ��„� ayreemente and esalpnments of leases and rents,shall be relerred to herein as fhe"Loen Instruments". —
<br /> � �,,r,�; , Trustor covenants and agrees with Lender ae lollows:
<br /> .. ' 1.Paym�nt of Ind�bt�dn�st.All Indebtedness aecured hereby shall be paiu when due.
<br /> 2.Tlil�.Truator Is the owner of the Property.has the right and authorfty to convey the Property,and warrants that the Ilen
<br /> � ' ,. Created hereby Is a Ilrat and prior lien on the Properry,except for I�ens and encumbrancos set forth by Trustor In writing and �
<br /> . i deNvered to lender before executlon ol this Deed ol Truat,and the execution and delivery of thia Deed ol Truaf does.�ot violate any �
<br /> contrect or other obGpatfon to which Trustor is aub�ect.
<br /> � 3. Taxh,Ats�um�nb.To pey betore delinquency all taxes.speclal assessments and all other charges apalnst the Property
<br /> � now or herea(ter levled.
<br /> � 4.In�ur�ne�.To keep the Property fn9ured agalnst damage by lire,hazarda included withm the term"extended coverage",end 4 �
<br /> ' such other hazards es Lender may require.�n nmounts and with compames Acceptable to Lender,neming Lender as an additional
<br /> �� nemed Ineured,wilh los�peyeble to ihe Lender.In Case ol loss under such polfCies,the Lender is euthon2ed to ed�ust.Collect end
<br /> . - compromfee,all clalma thereunder and shall have lhe oplion ol npplymg all or part of lf�e insurenCe proCeeds(1)to any indebtedness
<br /> secured hereby end In such order es Lender may detQrmine.(���to the Trustor to be used for th9 repav or reatoration of fhe Property
<br /> orpli)lor any othar purpose ar ob�ect satislactory lo Lender without aHectmg the lien of thls Deed ol Trust for the lull amoun!secured
<br /> tiar�F�u l�Inrn���rh nsumnnf nunr�nn4 nlnrn Anu nnnl�raf�nn nl nrn�noAe fn inAuhlrulnana ahall nnf aYfanA nr fl(fA�[1f1flR IhR fI11N �.
<br />� .__'. � _ —_ '.'.'.-•__".' _"..�_�..._..."" '_'.'�_" ..
<br /> . , do0i of any paymenis under the Note.or cure�ny default ihe►eunder or hereundvr.
<br /> � • 5. E�crow.Upon wntten demand by Lender,Trustor ahnll pny to Lendar,in such manner as Lender may designale,sulf�cient
<br /> sums tu enable Lender to pay es they becoma due one or more of the Iollowing.(i)all taxes,nssessmenta and other cherges agefnst
<br /> the PropeAy,(II)the premwms on the propery�nsurnnce requned hereunder,and(id)the prem�ums on any moAyaqe fnaurance
<br /> required by lender.
<br /> K. Malnt�nane�,R�pNn�nd CompN�ne�wllh L�ws. Truator shail keep the Property in good condiuon snd repa�r, shall
<br /> -i � -- prompny repe�r,o► replaCe any nnproveme�t wnicn may be damaged or tlestroyetl: shali not commrt or oerm�t anv waste or
<br /> d6t9ri0r�tlon of the Property:�hell not remove,demo�fsh or subslantlally plter any of the�mprovements on the Property: shell not
<br /> commlf,duNer or perm�t eny aCt to be done in or upon the Property�n violat�on ol pny law,ordfnance.or regula•ion;and shall pay and
<br /> promptly dlachar�e al Truator's coat and expense all Ilens,encumbrances and charges lawed,imposed or ass�saed against the
<br /> PropeAy or any part thereol.
<br /> 7. Emin�nt DomNn.Lender ia hAreby assfpned a11 compensat:on,awarda.damnges and other paymenis or reliel(hereinaNer
<br /> "Proceeds")ln conneCUon wlth Condemnatfon or other tekfng of the Property or part thereof.or for conveyance in Ileu ol condemna-
<br /> - � tian.Lender shall be entftled at fta optfon to commence,appear in and prosecute in its own name any act�on pr proceedfngs,and
<br /> ahall also be enBtled to make any compromise or sottlement m connection with such tekmg or aemagb.l�1 th�event e�y portion ol
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