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<br /> � �-����- ` • ACKNOWI.�DOEMENT OF DEED OF TRUBY
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<br /> ':���;;F� .TRUSTOR R�AD TNI8 BEFORE 810NIN0: �
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<br /> `w-- � - Trukar undentand�th�t th�doaurnmt tlwt TNStor Is�bout to�x�out�b�DMd o1 Trud�nd nol e mortp�p��tni that th�pow�r
<br /> - ; . , t;° of sals provid�d tor In the Derd ot Trust provides wbst�nGdly dlflsrant►Iphts�nd obllp�dont to Truobr th�n�mortp�po In th��v�nt
<br /> _ �•���'� �..:;�� , of a defwlt or breaah olobllpation und�r the ONd of Tru�t,inoludlnp,but not Ilmlbd to,lh�Lmd�r'�rlpht to hw�tM P�oprrty wid c
<br /> by the Trwte�witho�t�ny�udiolal proceedlnp.Trwtor npr�nb �n�nb thN th �okno IsJp�m�nt w x�au0s�! !r; =
<br /> �i�: �- —:�g•� Tru�Wr belor�tiw uc�cuUOn oi 1!w O�d ot Trus� � `-
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<br /> ;�::,':. �_.. OS 8 AMTHOIiY SPAR�_ _ ___
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<br /> - --�'��''""�=� DEED �F TRUST WlTH FUTUR�11�dANGEB
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<br />�;�.�,t'',.. ', THIS DEED OF TRUST,i� made as ol the 12�day of ��a• ,19�7�.by and amonp
<br /> 1
<br /> ��!�....-�--���.��'• OSIRIS AIITHONY E9PARZ11 t BETTY MAE ESPARZA . �arri�d p�r�on
<br /> .���-,.._ the TrutWr.
<br /> �
<br /> --f'.• � r �'" !• ' who�s maHinp eddrese Is 3219 MOODRI DCiE 9LVD. fiRAND ISLAMD NE G8903 `
<br /> :',_ , . (her�in"Tru�tor;'wh�thsr one a mor�),
<br /> ^ ��' � the Tru�, Fiv� Point� B�nk, • Ilobra�ka Corporstion
<br /> � � �"�'```'�' '"`+�� P.O. Box 13�7 Grand Ioland. NE 6@��Z �:.
<br /> . � `� whow mauinp addreas i4 (hYrafn"Truttea"),�nd
<br />� „/ ,. •�'� the 8erwficlary, Fiw Poinl� B�nk , —
<br /> �' whow mallin�addrvsa It �'�O. Box 1307 Cir�ed I�l�nd. UE. 68802-1307 (herein"Lander'7. —
<br /> • ..'' - � � . ' + FOR VALUABLE CONSIDHMTION,Includinp Lendar's extenWon of credit IdenUNed herein�OSIRIS ANTHOMY E$PARZA
<br /> �� � i BETTY MAE EBPARZA (hereln"eorrower",whether one w more)and the w�t heroln creatad, —
<br /> �� •.. ' ' '�' � the recolpt oi which f a he►eby acknowled�ed,Trusta hereby irrevocebly yranta,tranefers,conveys and a�eipns to Truetee, IN
<br />,:_.. , ..�_ ... . .. __- ,�.
<br /> � -- - : — TRUST,WITM POWER OF SALE,(orthe bene0t and Becuriry ot Lender,under and aubject to!he terms end condidons herelnatter s�t -!�
<br /> forth the�ealproperty described ae follows:
<br /> LOiI' 0llE 11), B�LOCIS TNREE l3), BRBNTNOQD SUBDIVISION, CITY OF LiRAMD ISLAlID,
<br /> ° NALL COUMTY, HE.
<br /> „ ,�, „
<br /> • ^ Topether with ell bulldinps,Improvements,1lxtures,streets,elleys,pessegeways,easemeMs,riphts,privllepes and eppurte- _
<br /> • nancea bcated thereon or in anywlse perteining thereto,and the rents,lasues and prollts,reve►sions and remelndere thereof,end
<br /> � such peraonal property that Is aHached to the fmprovements so as to constitute a lixlure,includinp,but not Ilmited to,heetinp and u
<br /> ' • �� `� coolinp equlpmen�and topether with the homeateed or marital intereate,If any,which intereats are hereby releesed and walved;all
<br /> of which,includinp replecements and edditi ons thereto,fs hereby declared to be a pan of tho real e�tata aoaur�d by Ihe Ilon of thh
<br /> �. � Deed oi Tru�t and afl ol the brepoinp belnp referred to hereln aa the"Properry". —.
<br /> ' � �_.
<br /> �► � �`�'';, Thla Deed of Trust ahall seCUre(a)the peyment ot the princlpal aum and Intorest evfdenced by a promlosory note or cndit
<br /> � ~°• � ' apreomw�t doted Aupwt 17th 1992 ,havinp a meturiry date ot_���wb�r 13th 1992 ��
<br /> � . ,�r.�.,•_ '�-� 29�520.30 ' �--
<br /> � in the orlginal princlpal amount of S ,and any and all modllfcetione,extenslons and renewals —
<br /> ' ' thereof or thereto end any end all luture advances and readvences to 8orrower(or eny o1 them If more than one) hereunder ;t�:
<br /> ,. pureuant to one or more promisaory note4 ar credlt agreementa(hereln called"Note");(b)the payment of other aums edvanced by
<br /> °�� •� � Lender to protect the securily otthe Note;(c)the porformance oi all covenants and apreementa o(Trustor set forth hereln;and(d)all � �
<br /> '!y r." preaent end future Indebtedness and obllpatlons o(Borrower(or any of them fl more than one)to Lender whether dlrect,indlrecR - -
<br /> ` • �"`� ' ebsdute or contingent and whelher arising by note,guaranty,overdraR or otherwise.The Note,thls Deed of Trust and any end all ��1
<br /> . ' •• . • otherdocuentethataecure the Noteor otherwlae execuled in connectlon therewuh,Including wfthaut Ilmltation quarentee�,tecwity �- �-
<br /> ;�� ' ' � apreements and assiqnments of leases end rents,ahall be re(erred to hereln as the"Loan Inetrumenfa". —
<br /> . .,,,,:t;�. Trustor covenants and ep�eea with Lender as lollows: ��
<br /> . � � 1. PaymRnf ol lnd�btodn�u.All Indebtednese secured hereby shall be pald when due. �=�
<br /> -, , -• 2. Till�.Truator is the owner ol the Property,has Ihe rlght and authority to convey fhe Property,and warrants that the Ilen �=�:_-�.
<br /> .� created hereby fs a firet end prlor Ilen on the Properly, except for Ilens and encumbrances set foNh Gy Trustor in writfnp and
<br /> �- y delivered to Lender before executlon oT thla Deed of Truat,and the executlon and delfvery of thfs Oeed ol Trust does 7ot vlolate any
<br /> •� . contract or other oblf�atbn to whlch Truator Is sub�ect „=,:
<br /> 3. T�xN.As��wrnmts.To pay befare delinquency all texes,apeclal esseasments and all other cherpea apainat the Property ��.;��
<br /> •� now or hereafler levled.
<br /> �. In�uranc�.To keep the Properly insured aqalnstdamege by tire,hexerds Included wlthln the term"extended coverage",ond
<br /> euch other hazerds es Lender rney requke,i n amounts and with companles acceptable to Londer,naming Lender as an additlonal
<br /> . named ineured,with los9 payable to the Lender.In case of loss under nuch pol�c�es,the Lender Is authonzed to ed�ust.collect and
<br /> � cOmpromi8e,all Clalms thereunder and shall have the option of applying all or part of the�nsurance proceeds O to any mdebtedness �
<br /> � eecured hereby end In auch order a5 Lender may determfne,(II)to the Trustor to be used lor the repefr cr reatoretion of the Property �
<br /> . ' , •• or(lil)for any other purpose or obJect satlsfactory to Lender without eHectfng the Ilen o1 thls Deed ol Trust}or the lull amount secured
<br /> hereby before euch payment ever took plece.Any epplicat�on of proceeds to mdebtedness shall not extend or postpone the due
<br />� � __ J� ��� � .
<br /> - " - --- ---— - -- W\O VI ai��yoji t01110 V��Y01 Ii101�V10�VI VV�O 011r YQltll�lt 111tlICU11YC1 UI IItlItlY11UCf.
<br /> ` � , b. E�crow.Upon wrlqen demand by Lender,Trustor shall pay to Lender,In such manner as Lender may deslpnate,suH�cle�t �
<br /> , sume to enable Lender to pay as they becom e due one or more o}the followfng:p)all taxes,assessmenta and other charges epelnst �
<br /> � Ihe Property, (II)the premlums an the propeAy Insurance requlred hereunder,end(ilp the premluma on eny mort�aQe �nsurance E
<br /> r. roquked by Lender. �
<br /> 8. M�Mt�n�nc�, ii�pain and Compll�nc�wHh L�w�.Trustor shall keep the Property In qood condltlon and r�pnlr;shall
<br /> , � promptly repalr, or replaco eny Improvement whlch mey be damaged or deatroyed;ahall not commlt or permit any waste or
<br /> deterbratlon ot the Prope►ty;shall not remove,ddmollsh or substanflally alter any oi the improvementa on the Property.shell not �
<br /> � commlf,auHer or permiteny ect to be done In or upon the Property In violatlon ot any law,ordlnance,or repulatlon,and ahall pay and
<br /> promptly dlecharge et Truata's cost and expen9e alt Ilens,encumbrances and charyes levled,fmposed or assessed a9ainat lhe
<br /> ' . Properly or eny part thereof.
<br /> � 7. Lml�nt Domeln.Lendar Is hereby asslgned ell compensatlon,awards,damepea and other paymenta or reliel(herelnalter
<br /> "P�oceeda")In connectlon wllh condemnetlon or other tekfng o(the Property or part thereol,or for conveyance In Ileu ol condemna- �
<br /> ;� ' - tlon.Lender shall be enNtled at Its opdon to commence,a '
<br /> ppear In and proaecute in fts own neme any actfon or proceedlnqs,and
<br />� � '� ehell also be entltled fo make any compromise or Settlement ln connectlon wfth such taking or damaye In the event any port�on�f
<br /> ' N�C�1671No�pneuMUr��OwdlpN 1q�AB �
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<br /> 1 O 1 N1 NtlbnN bM ol CommNq Truq�nd Swmp�A�wcuf�on.l�etNn.N�Or�ek� �
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