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<br /> �'� r � �`�r� . ACKNOWI.EDOEMENT OF DHED OF TRUST 91-- 10234�
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<br /> - �r�s, TRUSTOR RFAO TM18 BEFORE SKiNINO:
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<br /> T�wtor und�nands th�t ths dooument th�1 Tru�tor I�about to�x�euu I��p�sd o1 Trust��d�w1�mortpap�and that th�pow�r
<br /> ,�44 i�"';;, ��' �' r ot sal�provid�d tor In Ne Ossd of Trutl provlde�sub�Mialty d{flerent ri�hb end oblly�tlon�te Trusro�th�n a martp�p�In tM�wnt
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<br /> �s,���', ti o1 a dN�ul!or bnach al oblip�llon und�r the Ooed of Trus�IncludinA,bur not IlmiNd to,ihe Londer'f ripht to h�v�Ihe P�opeAy wtd
<br /> :`•.��'�� by tl►�TrustM wlthout any�udici�l procMdinp. Trwtor npnwnts�nd wamnt�th�t thii�cknow l�d penan t wu�x�a u t�d b y
<br /> ° ' Trustot bsMre fhe exeoudon ol the Desd o1 Trust � ,� � �__- __ _ ._._.
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<br /> �• . (Hectox C. Eaz) Tru�tor Huebend _,______
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<br /> ,,.:- • (J @ E. 68z) 7rwtor Wff@ �.:.°�::':.i:`$':i�:..::
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<br /> �� � ,- ' DEED OF TRUST WITH PUTURE ADVANCE� `�!�,. ' f�.�,:
<br /> �-' ' 1�e++�?CY ��9��b1f A�d at7�W1A 1�..:_�'e�'.1�----
<br /> 'e THIS D�ED OF Tq�,lST,is made as ol the.?.�l_day ot �
<br /> ' �''• . — -
<br /> ` t -� �he T�uew�,. �tor C. F��: u�d Jarw F. F'az, hu�band and wife each i.n hi� avn right and ais . -----�-
<br /> :;;��.'�•��� spouse of the other _ ..~--_ - l
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<br />• ,,.�,� o n n.... 1 d9, {��ppa [�iy�er. NE 68883 (herein"Truetor:' whethe�one o�moro� " �-" .
<br /> n. --- - ° whoai maUinp Add►�is�
<br />�`� ;�, �� _ . - �'ive E�ointe Hank, A t�tebraska Oornarat -'�°�`-=- -
<br /> th�Trwtoe. ° iar► , '� -.��-
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<br />�I`+4 . • ��°' whoso meilinp add�ess is P.O. Box Il5Q7, Grand Ialand� NE 68802 (hereln"Trustee").aod e�.'i``--- _
<br /> ;• �;:�', `-f<ir;:
<br /> ' . ',i; F'iv�e Points Bank, A Nebraelca Corpo�cation , ,S� '�' �'i''v?i�,'�;;
<br /> tho Bwietici�ry, �.-
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<br /> ,. � ;'�1!• : �'.O. HOX ISO�� GCdTId ISIAIId� NE 688�2 .; .�'��:
<br />. �1?•;;:. ('hEirein"Lender'7. `�:' �.�• -_
<br /> ,,, whosa moilinp addrasa ia ' �::..,� ,�j�,5r:,:_
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<br /> ' �';� • �s''''��:�jt FOR VAWABIE CONSIDERATION,Includlnp Lender'a extension ol credit identlfied hereln 1� �tor C. Faz 8nd 'y;�;�y���,�_��.
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<br /> 1,;;.. . Jane F. Faz huabertd & Wife .�hereln"eorrower",whether one or more)and the trusl'nerein created, __
<br />�. ' the receipt of which is hereby acknowledyed.Trustor hereby Irrevacebly yrants,transfers,conveys and aeai�na to Trustee,IN .--
<br /> �� TRUST,lN!?t!QOlNER QF SAlE,!Or the benE►flt P�A aacurlly ot Lender.under and sub�ect to ihe terms and cOnd�tiqna i�erefneker 88t _ ��_ _�
<br /> t�1:� R �l1 iorth,Ihe reafl�roperty,deacribsd a4 followa: -
<br />:.;;;'� .. ' '�;`n��,,' TheSout�h Half of Lots 3even (7) Eight (8) Ni�e (9) fn Block �elve (12) in �� �``''
<br />"`� ` � ' Brett and �7s'�nson's Addition to the Village of Wood River, Hall County� Nebraska 9as.I1�':;,�`.-
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<br /> - t�Vi`:oli�'• •t. .'t,r��� �AC.�_-
<br /> ;;►���ir��,, Topether wlth all buiidings, Improvements,lixturea,atreets,alleys,passayeways,easemenls,rignt9,privlleges and appurte-
<br /> ' ' " '��t�;•' nenCeb loceted thereon or in anywlse pertaining thereto,and the rents,fssuee and prohts.reveraions and remeinders thereof,end .+�"�-�
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<br /> • euah persor.al properiy ihat fs attached to the Improvements so as to constitule a Nxture,fncludmg,but not Ilmited to,heating and � F,,m;
<br /> '" cooHnp equlpmenx and tagather with the homestead or marital fntereets,fl any,which fntereats are hereby released and wefved;ell � ;,,,.
<br /> oi whiCh,InCludinp replacaments and additlons thereto,is hereby declared to be a paA of the real ettate eecured by the Ilen of thlt �+.��,��,.�
<br /> paed of Tru91 and all of the loreyolnp befny relerred to hereln ea the"Property". 'nf#«�i�;_��� ,
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<br /> �,�. This Qeed of Trust ahell aecure(a)Ihe peyment ol the prfnclpal sum and Intereat evfdenced by a promlasory note a credlt , ` r�'9=;
<br />��:+• . ,�`y,.,. � � ,t;;r,'".'`
<br /> ��•�,,,y�� JanusrY 25. 1996 r, , , ,r__
<br /> � '-�, , epreememdeted Januarv 25r 1991 ,hevinpa mawnty date ot �a�•.��,,,�vwsCt::•:-...
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<br /> ,{ y�l,�..,�;1 .. g11�1�.'�<<f Sr,.,..
<br /> � {,� ��f ,..�i";`' '. In the original principal amouM ot$�•515.73 ,and any�nd al! modNlcallons,extenafona and renewals k�; '�� , r..rL���:;�,:_:-
<br /> �u•��•`�•c�"''�'r��� thereol or Mereto and eny and all future advances and readvancea to Borrower �or ony ollhem d more then one)hereunder �t� ,:;;,Srr.'°�f��� �"'"
<br /> ,r;���;,�;.,. ;.,.:►�.�. �i;,�.. ,y�'1•.t}f�ta►'sTi�..
<br /> ,S, �+::..:,y,,} pursuent to one or more promlasory notes or credit agreements(herefn called"Note");(b)Ihe payment ol other sums advanced by _
<br /> Lender to proiect the securlly of the Note,lcl the perlormance ot all covanants and agreements o1 Trustor set fonh herefn;and(d)all - ��:.'� , '""r
<br /> , � atc�';; , :•:-y�;�S.�,`� :F• -
<br /> " ' • present antl future Indebtedness and obligaUOns ol Barrower(or any o1 them d mare then one)to Lender whether dlrect,Indlrecf, '� - .. ,j t.�__�.
<br /> • '� � absolute Ar contingent end whether arlamg by note,guaranry,overdrafl or otherwise.The Note,this Deed ol Trust and any and all i:"':'.�""`'::�:_-----
<br /> t.� otherdocuentsthet9eCUretheNoteorotherwiseexecutedinconneCtlontherewith,mcludingwlthoutllmitptfonfluaranteas.aecurlry - -�y;1x���--`r'""'°
<br /> � �'.' �.-J\�.�___,
<br />,.� � • • . � � a�reements and asslgnments of leases and rents,ahall be referred to herefn as the"Loen I�struments". �r,:
<br />`�•:� • TruyYOr covenanta and agreea wllh�ender as lollows. ,{�".. �'�r.�� � '`'�� .
<br />'.' r�. � 1.Payn�ent ol Ind�bt�dnns.All indebtedness secured hereby sh�li be paid when due. j.;5-���
<br />��;" 2.TNI�.Trustor is ihe owner of Ihe Property,has the nght antl avtnority to convey the properry,and warranta lhat the hen � ;:+; ;..
<br /> created hereby Is a flrst and prior lien ar Ihe F'�apetty.except lor liens and encum'�•a�ces aet tD+1h by Trustor m writing and
<br /> • delfvered to lender belore execullon ol thls DeeC o�''ius;,and the execution and ctei��ery o1 t��a Deed ol Truat does not vfolate any .
<br /> ContreCt or other obligauon to wh�ch Trustor�g sun;ect. �• �
<br /> 3.Taaa,A�aasm�nb.TO p9y belOre CE��rqu6rC}'a�!taxes.spec�ai assessmP^ts n�G ai cc^a-c�+argea against the ProDeRy � .
<br /> . now or hereatter lev�ed. ; ,
<br /> 4.(O�Wi11Cf.TO kB@p the PrOpe►ly��9..�•�PO�ga�5'ddmage by f�re,ra2�r�;�r�i atled w�th�n 1^r r:�•T'oxtended coverage� ar;:
<br /> auch other hazards as Lender may requ�re.�n am�.:^�s ana wrth compa���es acceptab�e to�ende�.nammy Lender as an add�ua�al •
<br /> � named inaured,with toss peyeble to the Lender.In case a�loss under such pol�ues.tne Lender is authonzed to ad�ust,collect and •
<br /> • compromise,all cla�ms thereunqer and sha��have the cat�on ot apply�ng all or pan ot tne msurance p►oceeds 1�1 to arey indebtednesa
<br /> secured hereDy and in such order as Lender may determ�ne,(�q to the Trustor to be used tar tRe�epa�r or restoratien of the Properly I�
<br /> or p��►lor any other purpose or ob�ect sausfaCtory to Lender w�thout aNecU�g Ihe I�en of th�s OeeO of Trust lor the full amount secured �
<br /> hereby betore such peyment ever took plece Any appi�cat�on ot proceeds to�ndebtetlness shalf not exlend or postpane me due
<br /> dete ol any oavments under the Note,or cure any delault thereunder or nereunde►
<br />• ^ 5.Escrow.Upon wr�tten demand by Lender.Trustor shalt pay to Lender,m sucn manner os Lenaer may aesigna�e.sumc�ertt �
<br /> sumsto enoDte Lender to pdy as they become due one or more o1 the followi�g (�I all taxes,assessments and other cherges aga�nst
<br /> � Ihe Properry.(i�)the prem�ums on the property insurance reqwred hereunder,a�d��u)the premwms on Any mortgeqe i�suranCe �
<br /> ,. requuad by I.enQer
<br /> . 8.MWnOsnaroa�,qpsln�nd Cempllanee wllh Laws. Trustor ahall keep the Proparty in g0od Condd�on end rep8ir, sNall
<br /> ' ' prpmptly r�pnir, or repfate any �mprovement wh�ch may be damaged or desltoyed, shell nol commit or permq any weste or
<br /> deterlOret�on of the Proqerry:shell not remove-damoush or substenUtllly elte►any of the improvements on 1he Property.Ehell not
<br /> � Commlt,auHer or perrn�t any act to be do�e�n ar upon tne Property�n nolelion ot any law,ordinance.or regulaUOn.and shell pay and
<br /> promplly d�tcherge at TruBtor s cost and expehse all I�ens.encumbrenCes and charges lewed.�mposed or assessed aqa�nst Ihe
<br /> PrOperfy ot eny pert there0l
<br /> 7. E1nNINN Opnaln.Lender Is hereby desiyned ell Compenget�on,awards.damages and other peymenls or rene�(here�naRer
<br /> '� "Proceeds'1��Connect�on wdh candemnet�on or other tak�ng of the property or part thereol,or lor conveyance�n I�eu of condemna-
<br /> Uon lender shall be entitled et�ts opt�on to commence.appear in and prosetute m�ts own name any action or p�oceedings.and
<br /> shall alw be enUtled to make any COmprOm�se or settlement m connect�On w�th suCh tek�ny or damaye In the event any portion of
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