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<br /> DEED OF TRUST `r's �,� � � tJ�t �
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<br /> PARTIES:This Deed of Trust is made on APRTL 27, i 8 , among the Grantor, I. .4 R , H TST .D nm �
<br /> CTN1�Y K HTiCTFn Hi7CRLNTI ATTn WTFF (°BOffOWBf°�,��
<br /> ARF.N7] R BAA('K� ATTORNFV Q
<br /> whose residence address is po Rox �an (7rand Tsland uaii County, Nebraska ("Trustee"►, and the Beneficiary, + �
<br /> HOMF. FED . �T. GAt7TN G T OAN AGGnCT�TTnN , a corporation organized �
<br /> and existing under the laws of NEBRARKA whose address is 2 .l Sp TPH ,O iRT RTRF.F.T�
<br /> �RANTI TST,ATTT). NF.BRASK� �$$0 -100 ("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").
<br /> PROPERTY ADDRESS: 424t M�NCHF.4TF.R un , C arm TGT.�TTT) , Nebraska 68803
<br /> LEGAL DESCRIPTION: Iscreen 1c�ty1 1z�u Code1
<br /> LOT SEVENTY (70) , LE HEIGHTS FOURTH SUBDIVISION, A TRACT OF LAND COM-
<br /> PRISING A PART OF THE EAST HALF OF THE NORTHWEST QUARTER (E1/2NW1/4)
<br /> OF SECTION ELEVEN (11) TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST
<br /> OF THE 6TH P.M. , HALL COUNTY, NEBRASKA.
<br /> located in un,7,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.►:
<br /> 4Gi[ A PROMTSGnRY NOTF ANI� GF TRTTV nCRFFMFi�T'7' ]�p,T D APRTT 77� � 99$
<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 �o .
<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 7, 2�p� 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 TunrTCnrm anm No/i no Dollars (S 10, 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 ot 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 p�y ASGTCNMF.NT nF RFNTG ❑
<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 thia dead of trust, including those on page 2, and in
<br /> any ider escribed ab e igned by Borrower.
<br /> ti _. ,,
<br /> LESTER G HUSTED CINDY K STED
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, uAT,i, County ss:
<br /> The foregoing instrument was acknowledged before me on this 27mH day of APRIL.� i 998
<br /> b�/ T.F.GTF.R C. HL)STF.n AA7i) (`TT7i)y K HiTCTFTI HLiSRDNTI Lhm rurs�c�
<br /> Corporate or (Title(sll
<br /> Partneiship Of (Name of Corporation or Partneiship)
<br /> Acknowledgment e m� � on behalf of the corporation or partnership.
<br /> My commission expires:
<br /> . lSaaq. , � (Notary Public)
<br /> This instrument was prepared by
<br /> m1986Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800397-2341)FORM OCP-MTG-NE 6/19/91 nDD7.iF nnnn�nc� �Pdge �of2�`�NEBRA A
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