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<br /> DEED OF TRUST " �\ ►-+ � ..� �
<br /> � � � �
<br /> I�'1
<br /> PARTIES:This Deed of Trust is made on APRrL• 6, 1998 , among the Grantor, Mr �aF n TDRTD. 0
<br /> AN11 GHF.RYT. A AT.nRTI]C.F. HLiCSANTI ANTI WTFF
<br /> ("Borrower"1,
<br /> ARF.N7] R E nC , ATTORNF.V �.
<br /> whose residence address is pn unx �ao a,-a.,a Tsl and� Ha�� County, Nebraska ("Trustee"1, and the Beneficiary, C.
<br /> H�MF. FF.D .RAT SAVTN S 7 p N A�G�('TATTnN , a corporation organized �n
<br /> and existing under the laws of NEARAGKA --�whoae address is 2 .'t Gn TTH T,OC iGT ST . .T, \�
<br /> CRATTT) TST�ATTTI� .$ AS A 6$$p .-1 009 �
<br /> ("Lender"►.
<br /> CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of which
<br /> Borrower is lawfuly seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights-of-way,
<br /> easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br /> "property"1.
<br /> PROPERTY ADDRESS: 20�5 N HLTSTON , GRAND TG ,A , Nebraska 6A803
<br /> LEGAL DESCRIPTION: �screeq �c�cy� (Zip Codel
<br /> LOT TEN (10) , IN BLOCK TWENTY-SIX (26) , IN GILBERTS THIRD ADDITION TO
<br /> THE CITY OF GRAND ISLAND, HAI�L COUNTY, NEBRASKA.
<br /> located in HAT,T, County, Nebraska.
<br /> TITLE:Borrower covenants and warrants title to the property, except for
<br /> SECURED DEBT: This deed of trust secures to Lender repayment of the secured debt and the performance of the covenants and agreements
<br /> contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed of trust, includes any amounts
<br /> Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and
<br /> renewals thereof.
<br /> The secunred debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br /> CL�[ A PROMTSSO Y N�T NTl 4 iTRTTV ACRFFMFNT 1�ATFTI �DRTT [�� �gqg
<br /> �Future Advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br /> contemplated and will be secured to the same extent as if made on the date this deed of trust is executed.
<br /> ❑ Revolving line of credit agreement dated , with initial annual interest rate of % ,
<br /> All amounts owed under this agreement are secured even though all amounts may not yet be advanced. Future advances under
<br /> the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed.
<br /> The above obligation is due and payable on ,T[TNF. i 0� "I 998 if not paid earlier.
<br /> The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of
<br /> TWFNTY THOiTSANTI ou�r�r FTV. NT1 so/ioo Dollars ($ ?.0,OaS_ p ►, plus interest,
<br /> plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perform any of the
<br /> covenants contained in this deed of trust, with interest on such disbursements.
<br /> ❑ Variable Rate:The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br /> ❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and
<br /> made a part hereof.
<br /> RIDERS: ❑ Commercial pc][ ASST(,NMFNT OF RFNTS ❑
<br /> DESIGNATION OF HOMESTEAD
<br /> Pursuant to the Farm Homestead Protection Act, designation of homestead ❑ is attached to this deed of trust and made a part hereof
<br /> ❑ has been disclaimed;the disclaimer is attached to this deed of trust and made a part hereof.
<br /> SIGNATURES: By signing below, Borrower agree to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> any riders described above signed by Borrower.
<br /> � � GZ�,� � Q � �o���
<br /> MICHAEL D ALDRIDGE SHERYL A DRIDGE
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, uAr,7, County ss:
<br /> The foregoing instrument was acknowledged before me on this �TH day of APRri,, i 998
<br /> bY_ MICHAF.T D AT nRTDC.F ANiI QHFRYT A AT nRTD('F HtiQAANTI nNT� W7FF
<br /> Corporate or ITitle(s))
<br /> Pa�tnership Of (Name of Corporetion or Partnership)
<br /> Acknowledgment a on behalf of the corporation or partnership.
<br /> My commission expires:
<br /> (Seall .. � _
<br /> (Notary Public)
<br /> This instrument was prepared by
<br /> p1985Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800397-2341)FORM OCP-MTG-NE 6/19/91 APPL# 00045835 �Pe9e �af 2���� � �A
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