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<br /> DEED OF TRUST � � � 7
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<br /> PARTIES:This Deed of Trust is made on APR TT, �0, i g 98 , among the Grantor, 7 . R .Y . •
<br /> SP7�ATTRTnF.SSF.R ATTT� TIAWN M CPT.nTTSTOFCCFI7 HLTRAANTI ATin WTFF (°BOffOWBf°�,
<br /> ARF.ND R S A('K� ATTO N V �
<br /> whose residence address is Po xnx �ao r.,-a„a Taland Haii County, Nebraska ("Trustee"), and the Beneficiary, �
<br /> HOMF. FEDFRA7 GA�7TNCS k 7� N AR4n['TAT7(1N , a corporation organized \ C
<br /> and existing under the laws of NFB AS A whose address is 221 SOTTTH T.O S7ST GT .F.T, \
<br /> (�RANI] TGT,ANT�� N .R AS n 68A02-�0�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: 4249 SHANNA ST , CRArm TST.ATTT) , Nebraska 68803
<br /> LEGAL DESCRIPTION: IStreetl ICityl Izip code)
<br /> LOT FIFTEEN (15) , IN WESTERN HEIGHTS FOURTH SUBDIVISION, IN THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in uAT,i, 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.l:
<br /> 4L7[ A PROMTQQp V NOT ANT] Q C' TRTTV ACRFFMFNT DAT D APRTT l 0� l 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 AP TT, '�� 2003 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 /> SF.VF.N THOTTSANTf Ar�m N�/,oo Dollars ($ 7, noo_on 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 irrterest 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 ptY ARSTCNMF.NT nF RF.NTS ❑
<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 con d in this deed of trust, including those on page 2, and in
<br /> any ride s escribed abo e si ed Borr wer. �^=/C/
<br /> � ` _
<br /> RE L SPLA STOESSER AWN M SPLATTSTO SER
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HAT,r, County ss:
<br /> The foregoing instrument was acknowledged before me on this i OTH day of AP�7,, i q98
<br /> by
<br /> ITitlels)1
<br /> Corporate or
<br /> Partnership �f � (Name of Corporation or Partnership�
<br /> Acknowledgment a My COmm,E� p�,Zy �(�Q on behalf of the corporation or partnership.
<br /> My cominission expires: /
<br /> (Seal) V�-� (� (Notary Public)
<br /> This instrument was prepared by ('HRTR T KnGKTF
<br /> �7985.BADIKERS SVSTEMS,INC.,ST.CLOUD,MN 56301 (7-800-397-2341)FORM OCP-MTG-NE 6/19/91 nDUT.fk nnnati i s� �psge ��f 2� �g'�yE���A
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