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<br /> DEED OF TRUST � v] ,.�z
<br /> � �
<br /> PARTIES:This Deed of Trust is made on APRTr, 10, i 8 , among the Grantor, DONALD L rrt�Yc
<br /> ROSYN R MAY.S'. Hi7.4`AnNT� nNTI WTFF
<br /> (°BOf�OW@f°),
<br /> nRF.ND H A � ATTORNFY
<br /> whose residence address is _po x�x �ao rrand Sal anA uai i County, Nebraska ("Trustee"►, and the Beneficiary, ��
<br /> Hc�MF. FF.DF.RAT, SAVTN G & O N �RGC�C`T�TTC1 T , a corporation organized p,�
<br /> and existing under the laws of NF'SRAGK� whose address is 221 SO 7TH ,f1CT74T GTRFFT� \��
<br /> C
<br /> CRANI� TSr,AT�m_ NF.BRASKA 6880 -� 009 ("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 lall called the
<br /> "property"1.
<br /> PROPERTY ADDRESS: �00� S PTNF. ST , GRANT� TQ ,nNn , Nebraska 68Ap�
<br /> LEGAL DESCRIPTION: Istreetl 1c�cy) (Zip Code)
<br /> WEST HALF (W1/2) OF LOT SIX (6) VANTINE SUBDIVISION TO THE CITY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in uAT,r, 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 /> 4LX A PR�MTQQpRy NnTF 7QTl G (' TRTTY ACRFFMFI�'7' DAT D APRTT �(1� � 99R
<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 MAV i S� '1 998 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 /> TF.N THOLiSATTn aun No/i no Dollars (S 10,00�_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 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_ ASSTCNMFNT OF NTG ❑
<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 scribed above signed by Borrower.
<br /> �� �.
<br /> DONALD L MAYS ROBYN R MA S
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HAT,L County ss:
<br /> The foregoing instrument was acknowledged before me on this i OTH day of APRT7,, i 998
<br /> by 1�ONAT,D i. MAYR ANm RCIRYN R MnY4 HT7SHAAm nnm w7FF
<br /> (Titlelsl I
<br /> Corporete or . a
<br /> Partnership Of (Name of Corporetion or Partnership)
<br /> Acknowledgment a ' on ehalf of the corporation or partnership.
<br /> My commiss .
<br /> (seap
<br /> (Notary Publicl
<br /> This instrument was prepared by �- -
<br /> m1985ZBAWKERS SYSTEMS,INC.,ST.CLOUD,MN 68301 11-B00-397-2341)FORM OCP-MTG-NE 6/19/91 nDDT.4F A!1l1d�77� �pg9e 1 Of �,v � KA
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