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<br /> _ - � � ACKNOWLEDGEMBNT OF DEED OF TRU8T92+ ��8�'
<br /> TRUSTOR READ THIB BBFORB 81aNIN0: -
<br /> •��� Trustor unE�nfand�th�t th�doaummt th�t Tru�tor Is�boul to�x�out�I�a ONd of Trwt�nd tat�moApap�and th�t Ih�pow�r
<br /> - of wl�provid�d 1or In th�DMd of Tru�t provlda sub�hndNly dllb��nt rlphq Rnd obllp�pons W Tru�tor than a mortpap�In tMN w�nt
<br /> . of�dN�ult or braaoh of oblipatlon und�r th�DNd ot Tru�f,Inoludinp,but not timlhd to,th�l.�nd�r's rlpht to h�v�IM Propnty wW
<br /> by the Truetee without eny judlclel prooseding. T�utlor r�pr�n4��d w �nts th�t Ihls seknowl�dp�n�nt wu�x�aW�d by F_
<br /> - T►wWr bMOr�IM�autbn o1 qu OMd ot T►wt
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<br /> • TruKot �
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<br /> —.��.� 7�wtor -
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<br /> �-"'�-'--�t-- DEED OF TRUST WITH FUTURE AOVANCEB
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<br /> ������:�----..�. THI8 OEED OF TRUST,Is made as o1 tha �th dey ot ��• ,to� by and amonp
<br /> ��� Bonni� B Mhiti� , �inpl� p�r�on
<br /> �,>."'�'utr,`.:�.�;yi'' tf1�TrWtof� .
<br /> -=�=�._,�.��,�.,, � ii� N Nor�rd Av� [ir�nd I�l�ad II� 68603-3532
<br /> , -. ��'Y�=�;f:f j�` who�rtwllinp edd�esa Is (harein"Truaor,"whNhw on�a morn), �
<br /> :�::• • '-.�:�Y �o T��� Piv� Point� B�nk. � M�br��k� Corpor�tioe .
<br /> � , �� �. ., p.0. Box 1307 Gr�nd I�l�nd. NB 68802
<br />. ~M.°:^ who�e mallln�eddrets ts (�r��T��'���
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<br /> � � " , �`' the BeneHciary, Fiv� Point� B�nk
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<br /> . a, . h. .°'�� 4 who�malNnp eddre�a Is P•O. Box 1307 (irand I�l�nd. NE. 66802-iJ07 (harNn•'Londa'y. —
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<br /> � • � FOR VALUABLE CON3IDERATION,Inoludlnp lender's exlenoion ot cradit Idantifiad horain to
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<br /> � Bonni� E Mhit� (herein"Borrower",whether one or more)end the trust hereln creatad,
<br /> -.=_—��'�`�`-'�'="'"""'��- iha rsralpt of whlah!a huresby scknorlledped,Tru�tor hereby lrrevecably Qrente.trenelere.conveys end eeei'ne to Truetee,IM
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<br /> • •, TRU8T,WITH POWER OF 3ALE,for the benelit and aecurily of Lender,under and subJect to the terms end conditiom he►elnefter�et
<br /> ror��re���Qe t�,Fle,��r�be�2�e�R11�W�1LL OF LOT ORE l 1), BLOCK SEVBN 17) MEST PARK
<br /> � ADDITIOM TO CITY OF [iRAMD ISLAND, HALL COUNTY. fl68RASKA.
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<br /> � •-^o � , Topether with all bulldlnqs,improvementa,llxtures,atreets,elleys,paeaeyeways,eaeements, nphts,privllepes and appurte-
<br /> � nencea located thereon or in anywise pertaininp thereto,and the rents.Isaues and protlle,reveralona and remalndera thereof,and
<br /> • �>��' �uch peraonal property thet ta etteched to 1he Improvements eo as to conetitute a fixture,Includinp,but not Ilmited to,heaUnp and `- �
<br /> �`� � •- �� � coolinp oqWpmon�and topether with tho homostood or marital intorosts,If eny,whfch Interests are hereby released and welved;all �___
<br /> �„ d��:-••• • ''�w' of whiCh,includlnp replacements and additione thereto,la hereby declared to be e parl oi the real estete seaured by the tlen ollhlo
<br /> `• `"� Deed ol Trust and all of the fae{�oing beinp referred to hereln es the"Propertyr".
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<br /> . �� . Thia O�d of Truot shall aecure(a)the peyment of the principal sum and interest evidenced by a promiasory nota w cradlt �`-_
<br /> �: ; V apreement daWd Augu�t 7th 1992 ,haviny a meturity date oi Aupu�t 1Sth 1995 , �"}.
<br /> ,,.�sit:.
<br /> �� ' 2,332.00 F-
<br /> �+' • � � In the orlpinal princlpal amount ol S ,and any and ell modlNeatlone,extenalons and renewals __
<br /> ' � thereof or thereto and any and all luture advancea and readvances to Borrower(or any of them 11 more than one)hereunder
<br /> ' purouant to one or more promlasory notea or credit agreements(herein called"Note");(b)the payment of other sums edvanced by
<br /> w • Lender to protect the securiy ot the Note;(c)the peAormance ol all covenems end a�reementa of Trustor aet torth hereln;and(d)aU ��
<br /> ��• ;_�,,. present and tuture indebtedness end ob8petions of Borrower(or any ot them II more than one)to Lender whether direct,indirect,
<br /> , o � absolute or contingent and whether arialny by note,queranty,overdraft or otherwlae.The Note,this Deed of Trust and any and all -
<br /> �•- • other docuente that seeure the Note or otherwise executed in connectfon therewlth,includfng without Iimitetlon yuarantees,seCUriry =�-
<br /> '' •�.••,-cs apreementa end esaipnments ot leases and rents,ehall be relerred to hereln a�the"Loan Instrumenb". �_
<br /> :�,�►3"�r,� Truator covenants and eyrees with Lender as follows: --
<br /> ` �� 1. P�ym�nt o1 Ind�bbdn�w.All indebtednesa sacured hereby shall be peld when due. '=-
<br /> ' � , 2. Tftb.TruBtor Is the owner of the Property,hes the right and authority to convey the Prope►ty,and warrents thet the Ilen F
<br /> created hereby fs a Iirot and prior Ifen on the Properly,except for Ilens and encumbrances set torth by Trustor in wrlting end �.`'
<br /> � � dellvered to Lendor before executlon of thls Deed ol Trust,end the execution and dellvery of thfs Deed ol Trust doea�ot vfolate aay 6
<br /> contract or other obligetion to which Trustor Is sub�ect. °
<br /> , 3. TaxN.A�s�nm�nb.To pay before delinquency aU taxes,spec�al assessments and al1 other charges ayafnst the Property
<br /> � now or hereafter levled. r
<br /> � � 4. (nturanc�.To keep Ihe Property insured agalnst damage by lue,haterda included within the term"extended coverage",and � .
<br /> � euch other hazards as Lender may require,In amounts and with companles acceptable to Lender,naminp Lender as an addltfonel
<br /> ' t named Ineured,w(th losa payable to the Lender.In case of loas under such policies,the Lender Is authorized to ad�ust,collect end �,
<br /> compromiae,all claims thereunder and shall have the option ot applying all or pert of the insurance proceeds SI)to any indebtedness
<br /> t secured hereby and In such order ae Lender mey determinA,(II)to the Trustor to be used lor ihe repair or restoration of ihe Property
<br /> � � or(III)for any other purpose or object satlslectory to Lender wNhout aflecting the lien ol thls Deed of Trust for the tull amount eecured ,
<br /> �,.— herebv before such navmenf ever took nlece.Anv en�licatlon of oroceeds to Indebtednesa ahall not extend or ooatoone the due � --
<br /> `�� •� � � dete of any payments under the Note,or cure eny delault thereunder or hereunder.
<br /> - � �� „ 6. E�crow.Upon written demand by Lender,Truator ahall pay to Lender,In such manner as Lender may designate,suHiclent
<br /> ' sume to eneble Lender to pay as they become due one or more of the following:(I)all taxes.asaesaments and other chargea aga�nst
<br /> ,� ` the Prope►ry,(I1�the premlums on the property inaurance required hereunder,and(Iif)the premiume on any mortgaye inaurance .
<br /> � ' � .• requlred by Lender. :
<br /> ' ' 6. IMNnbn�nc�,R�p��rs�nd Compllanc�wlth Lawa. Trustor ahall keep the Property In good condltlon and repalr; shall !
<br /> � promptly repalr,or replace any Improvement which mey be dama�led or destroyed; ahall not commit or permit any waste or
<br /> �� deterioratlon ol the Property;ahall not remove,demollah or subatantfally alter any of the Improvemenis on the Property;shell not
<br /> ;, _, commit,suHer or permit eny act to be done In or upon the Property f n vlolatlon of any law,ordinance,or repulatlon;and shall pay and
<br /> . pramptly dlscharpe at Truetor's coat and expense all Ilens,encumbrancea and charyes levled,Impoaed or assessed agelnst the
<br /> Properly or any part thereof.
<br /> � 7. Emin�nt Oomdn.Lender Is hereby asalpned ell compenaetion,awards,damages nnd other payments or rellef(hereinaHer
<br /> •��"''. "Proceeds"►in connection with condemnatlon or other taking of the Property or part thereof,or tor conveyance In Ileu of condemna-
<br />. ' � � � °`f tlon.Lender shell be entltled at ita optfon to commence,appear In and prosecute In Its own name any actlon or proceedings,and �
<br /> ahell also be entltled to nieke any compromfse or settlement fn connectlon with such takfng or demaye.In fhe event eny po�tion ol
<br /> t ., � ,
<br /> ♦ N�C 7167(Monpr�cullur�l ONUI Nw IOi!! �� �
<br /> • O 1t/�M�iqrW Y�N d Canm�rc�T�u�t�nd S�nnp�Atson�uon L�ncoln N�d�s`� �� �
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