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<br /> DEED OF TRUST � � �,;,,D; E--• �-
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<br /> PARTIES:This Deed of Trust is made on MAY 6, 1998 , among the Grantor, nwTCxT T DONAHSY a�*tn
<br /> .Tnuxr M nnNnuAtr� t.tttsnn�m ttNn WTFF. ("Borrower"►,
<br /> ARFNi� u nnnrx, ATT�IZNFY y-
<br /> whose residence address is oo B�x �ao, QranA Tgland� Hall County, Nebraska ("Trustee"1, and the Beneficiary, { G
<br /> �Li[)MF: FEDF.�nT. SAVTNC.G & L.OAN ARSOCIAT20N , e corporetion orgenized \C
<br /> �,�d e x i s U n g u n d e r t h e l a w s o f N F:B I�A S K A w h o s e a d d r e s s i s 2 . G o r r u L.A C!L T S T S T RF.E T�
<br /> [.RnNi) TS .ANfl� NESRASKA 68902-1009 ("Lender"�.
<br /> CONVEYANCE: For value received, Borrower frrevocably 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 buiidings,.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: 607 WEST AVE , GRAND ISI.AND , Nebraska 68803
<br /> LEGAL DESCR�PTION: Istreet) IC�ty1 (21p Cods)
<br /> LOT EIGHT (8) AND THE NORTH TWO (2) FEET OF LOT SEVEN (7) IN WEST
<br /> HEIGHTS SECOND ADDITION TO THE CITY OF GRAND ISLAND, HAI�L COUNTY,
<br /> 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 to Lender repayment of the secured debt and the performance of the covenants and agreements
<br /> �ontained 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 /> dorrower owes to lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and
<br /> :enewals thereof.
<br /> The secunred debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.►:
<br /> qG7[ A PR�MISSORY NOTE AND SECi7RITY A(:RFF.MF.NT DATF.D MAY 6, �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 atl 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 MAY 15, �0 0 i 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 /> THRFF. THOLiC2LN�1 ONF. Hi1�i1lRF.n NTNFTY 7(`HT ANi) 4A/�00 Dollars (S 3�19a_48 �, 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: ❑ Commercia) � ASGT(,NMF.NT OF' RFNTR ❑
<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 /> SIQNAT S: By signin ow, Borrower agree to the terms and covena�ta contained in this deed of truat, including thoae on page 2, and in
<br /> y ri ers deacNb d ab ve signed by Borrower.
<br /> DWIGHT AHEY J ET M DONAHEY
<br /> ACKNOWLEDQMENT:STATE OF NEBRASKA, HAT.t, County ss:
<br /> The foregoing instrument was acknowledged before me on this �TH day of 1NAY� '1 998
<br /> by
<br /> Corporate or t������u� ITitlelsll
<br /> Partnership of ��� CHR1S L KASKIE
<br /> Ack�owledgment a Y mm. xp. ee. , (Name of Cwpaatlon or Pertnsrshfp)
<br /> on behaif of the corporation or partnership.
<br /> My commission explres:
<br /> ISeatl l/�� �-IGJI�� (Notary PubHcl
<br /> This instrument was prepared by
<br /> �1985Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 66301 (1-800-397-2341)FORM OCP-MTG-NE 8/19/91 APPL# 0OO47SOO �PagB 1 of 2) EBI#/4SKA
<br /> CCD# 0100477089
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