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<br /> =�: • ACKNOWI.EDQEMENT OF DEED OF TRUST --
<br /> �� ,YRU8TOR READ THIB BEFORE SIQNINQ � _.
<br /> - � Trwtor und�rstatd�fhat th�daoumant th�t Trunor iuboulto�xecuto Is a D�ed of Trust and not�mortpap�and that ths powsr L
<br /> �. '��:ra;:� of�al�provld�d to►In th�DMd oi Tru�t providn subqantldty Olifennt rlyhq and obilpsUons to Tru�ta than a mortpa�a in ttw went
<br /> of a d�hult or brNah ot obllpaqon und�r ths D�o11'ruq,l�ciu�iinp,but not tlmitad to,ths Land�r's rfpht lo hovo lho P�operty told �-
<br /> - •�.�..,;�.:,;:�'L� by th�TroetM without�ny�uaioiei praa�w�np.iru�tor rup�w�rnb��rcf warrMni�ii�.f U�i•�ck�wwi:dyinr�ani wo6 sxa�.s�d t�r =_-
<br /> `�- Trwto►bMor�tM�r�oWbn ol tlN ONd of Trutt �--
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<br /> s�.'�
<br /> -- _ T NIDAD J. ILA Tru�tor --•-
<br /> �,ti:,: -..,��+a:aG'i�ti.i�i ��_ �'
<br /> .��.�g;�,„�.,,,�,,�y BOIINIE J. AO Tnator —�-
<br /> —:�.o��°�.::..,.�m"�"'� _
<br /> - �� ��::� aEE�3 C3�TFiUBT IROiTH RUTUR�ADVAFfC@3 __
<br /> —��t,� �°� THIS DEED OF TRUST.b made as of tho 19�h.__d�y of . �uo• ,1992_..,by and emon� —
<br /> .�.�::,...�... . __
<br /> - -_ �he T►uetor, TRIlIiAAD J. ���iL�i1 a BONNIE d. AaUILAR . hu�band �nd MitQ �;:r
<br /> ;�'�.�°;--',�.�`;` P 0 Box 99 Or�nd Itl�nd !lv 69602-�y ' `
<br /> ° . '�- �.-R�`• whoa�nwilinp oddr�I� (�n"Truetor:'whether on�or moro),
<br /> -- ,r, .�,;� ---
<br /> ' � �,: th�Trwta�, $,{v� Peiint� �nlc ,� N�bla<ki �osporation , ��xv
<br /> �kV..i�i�::;.�; . . .
<br /> "�' whow malllnp addr�a i�p•0. Box 1507 Grmd I�l�nd, NE 66902 (herein"Truotee°),end ==_
<br /> . .. . y�N:�.!
<br /> thA 86n9tlClery, Qjvr Peint� 8 ek , �_-
<br /> � ,� " whwo rtudlln addrew I� �.�BuoY �'�7 .*..+d Idand. NB. E+e902-1907 ___ (harein"Lender'y. —
<br /> - •.-�.R.,,�,�:.>, ..�, .:...� , � —..
<br /> -- ' •-' "� FOR VALUABLE CONSIDERATION,inaludlnp Lendere exwnslon of credit IdenGNed horeln taRINIDAD J. AaUILAR
<br /> �� • ,
<br /> . .:.•�d= � —
<br /> _��,���_,� -z i aO�Mi�r J. AOU��-�R (hereln "Borrower",whether one or more)end Ihe Iruat hereln areated,
<br /> _ _�:-�.,� the recalpt of which Is hereby acknowledped,Truator hereby Irrevocebly pranta,tranele�s,conveys end eaelyna to Trustee,IN -
<br /> ,-,._�• : o TRUST,WITH POWER OF 3ALE,tor the benefit ond wc�xUy ot Wndor,unde►and oub�eat to the terms and conditlons horoinaRar�et
<br /> •.:;��• t . toNh,the raal propeAy,described et(ollow4: —
<br /> ��,��_ " � . � ' � Lot Ten (10), Block Ninety (90), in Wheeler & Bennett's Fourth Addition ��
<br /> �,� ,�a to Grand, Hall County� Nebraska. _
<br /> ,_ ,.
<br /> � a�" To ether wlth efl bulldln a,im rovementa,fixtures,Nreets,alle s, assa ewa s,easemente,rl hta, rivil as end e uRe-
<br /> 0 � P Y P � Y o P e0 PP
<br /> _ t,�d.,..-=..- ... _��,;+ nancea toceted thereon or M anywise perteininp thereto,and the rents,lesues and proflls,reverslons and remalndera thereof,and
<br /> such personel property that ia attached ro me Improvernents so as to constitute a Hxture,including, but not Umlted to,heating and �
<br /> � ' .J.. „ ,??,s'�",` coolinq equipment;end topether wllh the homestead or mprital Interests,If any,which intereats are hereby released and walved;ell
<br /> '~ � ' �• = � ,��, of whloh,Includinp replacementa and addulons thereto,le hereby declared to be a pen of the rval oatpta�aured by the Ilen o1 this ��F
<br />--- "� ��� � Deod of Truot and aM of the torepolnp beinp referred to herein es the"Property".
<br /> _... .� � _ _
<br /> '?°� • This Deed of Tru4t ahell�ecure(e)the�+pyment vt the principal aum and interest evidenced by a promlaaory notv or orodit �
<br /> �: ,.
<br /> .,�: ii�'�"`�u�:Y a��eemont doted •..--.._a �oa�. +ao� --.hevinp a maturiry dote of AuOuet 15th 1996 , ��•.
<br />.— .. ��
<br /> 'Y � In ihe orlpinat principat emount of S 19�Bg4•ZZ ,and any and all modlficatione,extenaiona and renewals �.
<br /> � � thereof or thereto end any and all future edvances end readvancea to Borrower(or any of them II more than one) hereunder -
<br /> �� ' ' purauant to one or more promlaaory notea or credit apreemenls(hereln celled"Note"►;(b)the paymenf oi other euma edvanced by --
<br /> •> Lender to protect the security of the Note;(c)the pertormence ol al l covenants and agreements o(Trustor set forth herein;and(d)all
<br />-�� _r�,:�. preeeM end luture indebtednesa end obllpations of 8o rrower(or any ol them if more than one)to Lender whether direct,Indirecf, .e;c.
<br /> _ � absolute or continyent and whether erlsinp by note,pu aranty,overdrafl or otherwiso.The Note,thls Deed of Trust end any and all �.=.'
<br />- ...�� . J •�... . {�:�.__
<br /> °.,,..,� other docuents that aecure the Note or otherwise executed In connectlon therewlth,Including wfihout Ilmltetion gua�antees,secudy
<br /> � ' •• ayreements and asslpnmenta ot leases and�enta,shal I be referred b hereln as the"Loen Insfruments". f °'�
<br /> ° '„+�'n"""�� Truetor cove�anta and agrees wlth Lender as followa �'_
<br /> ' - •• ' ' 1. Paynl�nf of Ind�bt�dn�a.All indebtedness aecured hereby shall be paid when due. '"
<br /> „ 2. TNI�.Trustor Is the owner ot the Property,hes the right and authorlty to convey the Prope►ty,end warranta that the Ilen
<br /> . ; sreated hereby la a Iirat and prlor Ilen on the Property,except tor Iiens and encumbrances set forth by Trustor In writinp and
<br /> + delivered to Lender betore executlon of thls Deed of Trus1,and the executlon and dellvery ot this Oeed ol Trust doea�ot violete any .,,...
<br /> •# �• contract or other obllgatlon to which Truator is subJeci. E'�"�'
<br /> i! 3. T�x��,A�s�am�nb.To pay before delinquenc y all taxea,speclal asaessments and all other cherfles apafnst the P�operty ��
<br /> now or hereafter Ievied.
<br /> � 4. In�uranC�.To keep the Property Inaured apalnst demage by fire,hazarde Included wfthin the term"eztended coverage",and .,
<br /> �• euch other hezerds es Lender may requlre,In amounta and with companles acceptable to Lender,naming Lender as an addltlonal
<br /> � named Insured,with lo8s payable to ihe Lender.In case of loss u�der such pollaes,the Lender is authonied to ad�ust,collect and
<br /> � compromise,all clalme thereunder and shall have the opNOn of epplying all or part ol the Insurance proceeda(i)to any Indebtedness i
<br /> � ,1 aeCUred hereby and In such order as Lender mey deterrnine,(fl►to the Truator to be used lor the repair or reatoratlon o1 the Property �
<br /> � • or(III)tor any other purpose or ob�ect satislactory to Len der w f thout aHecting ihe Ifen of thls Deed of Trust for the full amount secured i
<br /> � hereby belore auch payment ever took place.Any app Ilcalion o( proceeds to mdebtedneas shall not extend or postpone the du9
<br /> - -1 -- -- --- �
<br /> -� - - - ---- - - dace ot an ..
<br /> y paymenro unoer me rvote,or cure any deiaun�nereunder or nereunder. �
<br /> , ' � 5. E�crow.Upon wrl8en demend by Lender,Truat or ehall pay to Lender,In such manner as Lender may deslgnete,sutifclent
<br /> � ., ", sums to eneble Lender to pay es they become due one or more of the lollow�ng:(I)all taxea.assesementa and olher chargea agalnst �
<br /> ' the Property,(II)tho premlums on the property fnsurance requlred hereunder,and(ill)the premluma on any mortqaqe Insurance
<br /> requlred by lender. �
<br /> • • 8. M�Int�n�ne�,fi�paln pnd Compllanc�wNh Law�. Trustor shall keep the Proparty In yood conditlon Bnd repeir; shall
<br /> � „ �� promptly repair, or replaco any improvemdnt whfch rnay be damaged or deatroyed; shell not commit or permft any waste or
<br /> , , deterior6�tion of the Property;shall not remove,demollsh or substanfially alter any of the Improvementa on the Property;shall not
<br /> • �.. commlt,suNer a permit any act to be done In or upon Ih e Properly in vlolatlon ol any lew,ordinance,or regulatlon;and ahall pay end !
<br /> • pramptly dlecharge et Truator's cost and expense ail I�ene.encumbrencea and charyes levled.Imposed or assessed ayeinst the �
<br /> Property or any part thereot.
<br /> 7. Emin�nt Oom�ln.Lender le hereby aseipned all campensaUon,ewards,damagee and other peyments or relfet(herefnaker �
<br /> N " -• '`�'. "Proceeds")in connectlon with condemnation or other taking ol the Property or part thereof,or for conveyance In Ileu of condemna-
<br /> ' - , Uon.Lender ahall be entitled et Its optlon lo commence,eppear fn and prosecute m its own name any actlon or proceedings,and �
<br /> .
<br /> ahell also be entitled to meke eny compromise or settlament in connectlon wifh such taking or damage.ln Ihe event any portlon of �
<br /> ' .' N�C 7�671NonpneuxurN Owtll n�.t0.BB ' (
<br /> O IN�N��qml Y�M ol Comm�rc�iru���nd Sw�np�A��ocodun l�ncoln N�d�M� �
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