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<br /> DEED OF TRUST �, �.�-�% � �
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<br /> PARTIES:This Deed of Trust is made on APRIL l, 1998 , among the Grantor, �EiutY L JOHNSON �n
<br /> ANNA R JOHNRON, Hi7RAATin AND WIFE (��BOffOWBf°),
<br /> �-
<br /> AREND R SAACK, ATTORNEY ��,
<br /> whose residence address is Po aox �eo, crana isiana, xaii County, Nebraska ("Trustee"), and the Beneficiary, (�`
<br /> HOME FEDERAI, SAVINGS & L�AN ASS�CIATI�N , a corporation organized \��
<br /> and existing under the laws of NESRASKA whose address is � SOiTT'H ,O['iTRT GT . .Ty
<br /> GRAND IS7�AND, NESRASKA 68A02-1009 ("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: 4 .36 W APTT r, AV .Ni�: , GRAND ISr.AND , Nebraska 68803
<br /> LEGAL DESCRIPTION: Iscreecl (City) (Zip Code)
<br /> LOT FIVE (5) , IN BLOCK ONE (1) , IN CAPITAL HEIGHTS SUBDIVISION,
<br /> IN THE CITY OF GRAND ISLAND, HALL 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 ta 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 inco�porated herein. Secured debt, as used in this deed of trust, includes any amounts
<br /> Borrower owes to Lender under this deed di trust or under any insuument secuced by 2his 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 /> 4GX A �MTQSORY NOTF. NT) S .C'LTRTTV AC . .MF.NT DAT .D AP T . 'I � 'I 998
<br /> �Future Advancea: 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 15, 2001 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 /> Tw .r.vF THALiSATin aNn No/ioo Dollars ($ 12,000_00 1, 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 v� AGSTGNMF.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 ri ers described abov signed by Borrower.
<br /> `GERRY JO N ANNA JOHNSON
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, IiAT,T, County ss:
<br /> The foregoing instrument was acknowledged before me on this �RT day of APRIL,� 1998
<br /> b�/ C . RY T TOHNSON NTl NNA R .TOHNSON, Hi7SSANi_1 ANT_l WTFF.
<br /> �Titlelsl I
<br /> Corporete or
<br /> Partne�ship Of (Name of Corporation or Partnership)
<br /> Acknowledgment a on be If of corporation or partnership.
<br /> My commission expires: 6a1.Slpt.1i.20D1
<br /> (Seap � Notary Public)
<br /> This instrument was prepared by
<br /> p1985.BADIKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800397-23411 FORM OCP-MTG-NE 6/19/91 APPL# 00045645 �Pg9e 1 of 21�N.����y
<br /> LUb
<br /> CCD# 0100474373
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