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<br /> DEED OF TRUST � � � �
<br /> 9�'� ��3983 � p
<br /> PARTIES:This Deed of Trust is made on APRIL 6 i 998 , among the Grantor, uornaiE J ��AnG ANn
<br /> ("Borrower"1,�--
<br /> �
<br /> whose residence address is r� ,� �9n r---a T���^a Hal l COUf1L�/, Nebraska ("Trustee"1, and the Beneficiary, `Q1�
<br /> , a corporation organized \�J
<br /> and existing under the laws of NFBRASKA whose address is ��
<br /> nnrm+v r nr+TTeT QTDFFT
<br /> ("Lender"1.
<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. , Nebraska 68803
<br /> PROPERTY ADDRESS: S�7 KTN('STON CTRC'T,F , AAm ISI,Alm
<br /> LEGAL DESCRIPTION:
<br /> IStreetl ICity) (Zip Code)
<br /> LOT TEN (10) IMPERIAL VILLAGE FIFTH SUBDIVISION, CITY OF GRAND
<br /> ISLAND, HALL 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 oE irust and in anq�ther 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 secu�r-eId debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br /> pLx A PROh.TSSORV NOTE 7�1�TT) SF i�^DL'z'""L'*Tm rinmF�T) APRTT 6 1998
<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 1� 0� 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 /> ��;� ,••^••^ �*� �**+ r�o/ioo Dollars ($ 7, 000 00 ), 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 ihe 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 �fY GRIC'NMz'*Tm nF uFrrrS ❑
<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 /> � 'ders described abo�/g si d by Borrower. �
<br /> t?�-�1/'
<br /> �` ~`
<br /> RONNIE J RHOADS ELIZ ETH J RHO S
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, County ss:
<br /> The foregoing instrument was acknowledged before me on this 6'rH day of �IL_, � 99g
<br /> . by �Titlelsll
<br /> Corporate oi GENERAI.NOTARY•S12IE 0�N2bfe5N3 IName of Corporatton or PartnersniPl
<br /> Partnership Of
<br /> Acknowledgment a SHARON K.KL on behalf of�he corporation or partnership.
<br /> y omm. z .
<br /> .�� 0� (Notary Publicl
<br /> ISeall
<br /> This instrument v�ta�.prepaSed by ____ . - � ��$��Kp
<br /> (page 1 of
<br /> m�ggS��IKERS SYSTEMS,INC.,ST.CLOUD,MN 66301 11-800-397-2341)FORM OCP-MTG-NE B/19/91 AppL# 00045793
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