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<br /> DEED OF TRUST -� � � �
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<br /> PARTIES:This Deed of Trust is made on APRTT, �S, 1998 , among the Grantor, ROLAND a sTOCx �trn �
<br /> ,TF.AN 7�ST0('K, HttRRnNTI ANTI WTFF. (��BOffOW2f°�,
<br /> AREND R SAACK, ATTORNEY "�
<br /> whose residence address is Po sox �qo, crand zaia„a, xali County, Nebraska ("Trustee"), and the Beneficiary, C�
<br /> HOMF FEDERAL SAVINCS & LnAN ASS�CIATI�N , a corporation organized �
<br /> and existing under the laws of NEfiRASKA whose address is 2 .i SO rrH ,O 7GT ST F. .T� \
<br /> GRAND ISI.AND, NESRASKA 68802-11��9 ("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: '���8 W �7mH ST . .T , � A TST,nt�m , Nebraska 6A803
<br /> LEGAL DESCRIPTION: Istreetl ICityl (zip Codel
<br /> LOT TWELVE (12) , BLOCK ONE (1) , WESTERHOFF'S SECOND SUBDIVISION, TO
<br /> THE CITY OF GR.AND ISLAND, HAI�L COUNTY, NEBRASKA.
<br /> located in HALL 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 secuI�reId debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br /> 4G�[ A PROMISSORY NOT . NT� G .CiTRTTV AC, .F.MF.NT DAT .D A TT, � S� '1 998
<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 APRIL 18, 20�8 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 ot
<br /> -TxzRTY FIVE THOi1SATTf) Aun No/ioo Dollars (S 35,0�0_0� ►, 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 pCY ARGTGNM_F.NT OF RENTS ❑
<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 d ' ed above signed by Borrower.
<br /> ROLAND B STOCK J L STOCK
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HAI�i, County ss:
<br /> The foregoing instrument was acknowledged before me on this �5TH day of AP�r,+ l 998
<br /> by
<br /> ITitlelsll
<br /> Corporete or �
<br /> Partnership Of � CHRIS L.KASKIE (Name of Corporatlon or Partnership)
<br /> Acknowledgment a � '(,pmm.�p•�,�.
<br /> on behalf of the corporation or partnership.
<br /> My commission expires: J A ,
<br /> (Sea1) �- � CHRTS 7. KnRK7F. - - �`�X�' /C�/ �NOtaryPuWlc) -�
<br /> This instrument was prepared by ruuTS T. KnCK7E
<br /> m1985Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800397-2341)FORM OCP-MTG-NE 6/19/91 APPL# 00046486 �pagB 1 Of 2�'�B��A
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