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<br /> ACKNOWLEDQENl�NT OF DEBD OF TRUBT
<br /> TRU870R READ TNIS FtEFORL'�ldNINO: �E��'� �4�`��'�� �
<br /> Yrustor und�ntwnds thtt th�dooum�nt thAt Tru�tor i�about to�xeout�ie�Beed ot Trutt�nd not e moRpspe�ndthat the powor
<br /> o}�ate provld�tor In tit�ONd ot Trwt provlde��ubntantl�ily dlBarent riqhh4nd oDIlOeAom 4o Truator than e moRpepe tn tho evenl
<br /> ot�dN�ultor brstoh of obilpatlon undrr th�OMd of Trutt,inatudlnp,but not IlmttW to,the L�nd�r'��Ipht to have tPis P�opary rold
<br /> by lho T�u�te�wlthout any Judlolal prooeedlnp.T�uetor�epreaenta and werranta Met thie eaknowled�ement was ex0outed by
<br /> 5tustor b�torm ths exeaution of ms C►sed of Yrus� `
<br /> Trueto�
<br /> Trustor
<br /> �E�Q OF T�tUST WITH FUTURE ADVANCE8
<br /> THI�DEED OF TRUBT,is made as of the lOt dpy p} Anril ,19 9S,by artd among
<br /> the Trustor, ROR�t� C NOWI�,KI A 3INGI.E PERSON PATRICIA ANN NOWICRID�O�SE1Q AND RAI�iDY B�E�SNN,
<br /> HQSgE1DTp AND WIFE; JOHN E.NOW CZI�A�S RdL i �
<br /> whosa ntaillr�8 s�ddrox►is (hereln"Truator,"whether ooe or moro), .__
<br /> tlre Trustee� __.�.Fc__� BALICR ---�
<br /> whose maliing addreas ta �' U B�I{ 798 G3tAND ISI.�L+TD. I3E b8302 (herefn'Trustoo"�.and -
<br /> the qenaticlary, .THF, nvRRT ANn I�IATT/�N�AT' g�'OF GR�T� I3I,AND —, -
<br /> whose maliing address is�P BOR 16fn G;�.�TD ISLAND. NE 68802 (herein"Lender'9.
<br /> RDSANNE C NOWICK�, PATRIC7,A
<br /> FOR VALUABI.E CONSIDERATION,including Lender's e gnsiop-gf aredit identl8ed here3n to�.�}pj,��.�.}»,�@�N,
<br /> ItANDY BOESEN. JOHN E.NOWICKI. AND THOMASk�a NOW�CKI
<br /> (heroin•'8or►ower',whether one�r more)ared the hu9t h�rein Created,
<br /> the receipt of whtch ia hereby aaknowiedged,Trustor hereby Irrevooably grante,tranaters,cunveys and aeaigne to Tru6tee,IN
<br /> TRU8T,WITH POWER OF SAIE,forthe beneflt and security of Lender,underand subJeat to ihe terms and conditlone f►ereinafiter sat
<br /> forth,!he reai property,described ae fotlowa:
<br /> THE 30UTfl 88.3 FT OF LOT 8, BLOCR 6. IN SPAULDING AND
<br /> GRSGG'3 ADDITION TO THB CTTY OF GRAND I8LA2�TD, HA1.L COUNTY� NBBRASKA
<br /> To�ether w�h all buitdinps,improvementa,flxturea,sheeta,alleys.paseageweys,easements,rigbta,pr(vlieyes and appurte-
<br /> nencea located thereon or In snywise pertainin8 thereto,and the rents,lssuea and proNts,reverslona and remalndera thereof,and
<br /> euch personal properry that ie ettached to the Improvements so as to constitute a Nxture,inaiuding,but not Ilmited to,hendnp and
<br /> coaiinp equipment and topether with the homeatead or maritat intereats,it any.whlah Intereab ure hereby reteaaed and welved;nll
<br />. of whfch,lnaludinp roptacemonts and additlons thereto,ie hereby declared lo be a paR oi the reat estate sooured by the Ifen ofthla
<br /> Oa�d ot Trust and ati of the tore8oinp belnp reterred to heretn es the"Property".
<br /> This Deed ot T�ust shali seoure(a�the payment of the prinoipal sum and intereat evidenced by a promleaory note or credit
<br /> apreement dated April 10. 1995 ,havf�g a matudty date of April 10, 2000
<br /> .
<br /> in the origin8l prtnalpal amount of S �12.625.00 ,and any and aIi modiflcadona,extenalons a�d renewaia
<br /> thereof or tAereto and any end ali tuture advances and readvances to 6orrower(or any of them ii more than one)hereunder
<br /> pursuantto one or more promiasory�otos or aredit ugroaments�hereln aalled"Note");(b)t�a payment of other sums advanced by
<br /> Lender to protect the aeauriiy of the Note;(o)the pertormartce ot all covenants and agreementa ot Trustov set forth herein;and(d)sIi
<br /> preaent 8nd tuture indebtedneas and obligations ot Bor�owor(or any of them If more than one)to 1.ender whether diroct,indireot,
<br /> absolute ar conttngent and whether arising by�ote,guarerfty.overdrait or othenvise.The Note,this Deed of Trust and any a�d eil
<br /> otner dppqents that eecurettte Noteor otherwi88 exeCUted In conneCtlon therewith,i�cluding without IlmftaQon euarentee9,oeCUrity
<br /> agreements and asstgnmenta of leases and rente,shatl be referred to heretn ae the"loan Instrument�".
<br /> Truator covenante a�d egreea wfth Lender as followe:
<br /> 1. p�ym�nt of ladebt�dn�u.Ati indebtedness secured hereby ehali be patd when due.
<br /> 2.TItU.T�ustor Ia t4�a owner ot the Property,has the right a�d authorlty to convey the Property�and war►arHS thet the iien
<br /> created h6r8by la a flrst an�prlor Ilen on the Pruperty,except tor I18na�nd encumbrencea set foM by Trustor in wHtin�and
<br /> detivered to Lender beto�eexecutlon ot thls D�ed otTruat,and the exeaudon end dolivery of thls Qeed of Trustdoea not vlolateany
<br /> contract or other obligatton to whlch 7rustor is ouAJec� •
<br /> 3.Tax�s.Asassm�nb.To pay betore deitnquenay ait taxes,apeclnl essessmenta and a�l other aharges egalns!the Properiy
<br /> now or hereaRer t9vied.
<br /> 4. I�turanc�.To keepthe PropeRy in3ured aga�nst damage by fire,hazards inctuded within the te►m"extended coverage",ead
<br /> euoh other hozarda es Londer may requtte,ln amounts and with oompanles acceptebie to Lender,naming lender ea an additicnal
<br /> named Insured,with loas payab�e to the Lender.�n case ot losc;under such policles,the Lender Is authorized to sdJust,col►eat and
<br /> compromise,all ciaimathereunder and shali heve the optlon ot applying Nt or part of the inaurance proceede(t)to any indebtednesa
<br /> secured hereby and in euch order ee lender may determine,(ii)ro theTrustorto be used tor the repatr or restotaHon of the Property
<br /> or(Ifl)tor any other purpose or obJect eatlsfaotary to Lender w�thout aHectingthe�len of thls Deed oiTrust tor thetuti amount secured
<br /> herebv betore such oavment ever took place.Any aApllcallon o}procoeda to Indebtedneas shail not extend or postpone tt�e due
<br /> date oi eny paymente under Me Note,or cure any defauit thereunder or hereunder.
<br /> 6. Eserow.Upon w�it�n demand by Lender,Truator shel�pay to Lender,in euch manner as Lender may designate,euHictent
<br /> sum�to enaple Lender to pay asthey become due one or more otthe to��owing:(I)ail mxea,asaessments artd other charges agalnat
<br /> 1Re Properiy,(ti)the preeniums on the property insurance requlred hereunder.and(iin the premiums on any mortgage insurance
<br /> required by Lender.
<br /> 8. Mu�nanc��R�pitn�nd Comptteneo with Laws.Trustor ahaii keep the Property in good condibon and repair.shali -
<br /> prompUy repalr,or reptace any Improvemont whioh may be damaged or deatroyed; shatl not aommk or permit any waste or
<br /> doteNOr�don of the Property;ahail not remove,demolish or substanUaliy aller any of the Improvements on the PropeRy;ehall not
<br /> commit,au8er or permit any act to be done In or upon the P�eperty in WolaUon oi any iaw,ordinance,o�regulaUon;and ehall pay and
<br /> prompUy discha►pe at TYustor's cost and expense atl Ilena,encumbrances and oharges levied,imposed or assessed againat the
<br /> Properly or any part thsreof.
<br /> 7. �rnin�nt Oom�tn.Le�der la hereby 88slgned ail componeatfon,awards,damages and other peymenta or reliei(hereinefter
<br /> "Proceeds")In conneallon with condemnallon or other taking of the Property or pan thereof,or tor conveyance in iteu of condemna-
<br /> Uon.Lender sha�l be enNUed at Its optlon to eommence,appear In end proseaute In lis own name any actton or proceedinga,and
<br /> ehatt atao be en�tied to make any compromtse or setttement i�connectlon w►th BuCh taking or damage.In Me eyeM eny porttOn of =
<br /> N!C itbl(ltawpikuhur�O�Ra.t0i88
<br /> O tYM Nnbtit 6�M d Cormn�ratrust Mtl Swuq�Aaweuuat Uncdn N�ewYu
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