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<br /> DEED OF TRUST "' � � � � �
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<br /> PARTIES:Thi�Deed of Trust 1�made on MAY 19• 1997 _ ,amonp the Gnntor, F1IL�LAM D.RAILE
<br /> �IQJUI�IE A RAILyHUSBAND AND WIFE 1•Uonawer"1,,�
<br /> AREND R b�AACK. AT�ORIN6X . O
<br /> whoss rs�id�na�Wress is PO SOX 79Q. GRAND ISLAND. HALL ,CouMy, Nebra�k�1'Trustee'1,�nd the Beneflclary, �
<br /> HOME FED�RAL SAVINGS AND LOAN ASSOCIATION ,�corpontion orp�ni:�d `
<br /> and ex�atlnp under the lawr of_ NEBRASKA whose eddress i�?21 SOUTH LOCU3T S�REET, \
<br /> GRANA ISLAND. NEBRASKA 66802-1009 — ���°1d°r��'
<br /> CQkYEYANCE:For v�lu�raceived,Sorrower irrevocably pr�nts and conveys to Trustee,in trust,with power of sale,the real propeKy,of whlch
<br /> �xrow�r la I�wf�ly seizad, described below and sll builClnys, fbctures, end exiatiny end future Improvements thereon end all rlpht�-of•way,
<br /> eac4marstc, rents. 133UG9, profite, Income, teneme�t�, hereditamento, privllepea and any eppurtenances thereunto 6elonpinp (dl cNl�d the
<br /> "propsrty'1.
<br /> ppO�RTY ADDRE83: 405� MANC�IESTER RD , GRAND ISI,AND ,Nebnaka 686Q3
<br /> LEtiAL DESCRIPTIOM: �st"°t� �City� tiw cod.t
<br /> LOT THREE (3) JEFFREY OAKS FIFTH SUBDIVI3ION� IN THE CI7.'Y OF GRAND ISLAND� HALL
<br /> COUNTY. NEBRASKA.
<br /> locat�d(n �L County,N�bratk�.
<br /> TITLE:BorrowN covensnts�ncf wxrant�titls to thb prnperty,except^or
<br /> fECU11ED DE�T:Thl� desd of tru�t s+�cure� to lender rep�yment of the�ecured debt�nd tM performsnc�of ths cown�nts snd �prs�ments
<br /> BorrowKdown t�nds}r un�dtN thl6 dled Ot tfUtt a nndar any in6t�ume t��ecurod by tMi�dNd of trust,l md�i i modific���xte�sb��nd�
<br /> tornwah th�tsof.
<br /> TM s�cund debt la evidencad by lList dl inmument��nd�preemsnts secured by this ds�d of tru�t and tfie d�tn thirwf.l:
<br /> � A 'PROMISSORY NOTE AND SECURITX AGREEMENT DATED MARCH 20,_ 1996,_
<br /> �cFo mplad tYSd�ndTwlli be secut�o th�s�me�xtent a�if�m�de�o the dat thi�deid of tYiwtls��ut�d. F�����p� ��
<br /> ❑ q�volvirq Ifn�of crsdit�qrs�ment d�ted ,with(nftid ennuU intere�t vete of %.
<br /> Atl�mowna ow�d under thi� awermem an�scurad ev�n Uwuph all �mount�may not y�t be rdvanced.Future advanc�a under
<br /> tM�pnsrrwnt ue eont�mpl�ted and will be s�cund to tM sam��xtent�s If m�de on the dat�this de�d of uuit I�sx�cut�d.
<br /> TM�bovs obUpatbn is du��nd p�yable on MARCH 15. 2001 _ if not peid ssrlix.
<br /> Th�totN unpald bNanc�sec�K�d by thts dwd of trutt�t�ny ona time shall not sxcNd�m�ximum prinalpal�mount of
<br /> E�GHT TIiQy$AND SIXTY FIVB ANll 97/00 -------_oo►ts►s{�, 8,065.97 _I,plus interest,
<br /> plus any�mount�disbursad und�r the terms o}thl�de�d of trust to protect the security of thii deed ot vuat or to p�rfam any of th�
<br /> eovsnaM�cont�irMd in thi�daed of vust,with Interost on�uch disbureements.
<br /> ❑V�thbN R�:The Interest rete on the oblip�tion tecursd by thls deed of tru�t may vary eccurdinp to the terms of that obtipatlon.
<br /> ❑ A copy of the loan apreement conteininp the term�under whlch the intereat rste may vary I�ett�ched to thfs deed ot trutt and
<br /> m�L�put her�of.
<br /> pIDEH6: ❑Commacial � ASSIGNMENT OF RENTS ❑
<br /> ----- OEStONAT10N OF HOME6TEAD —
<br /> Pursuant to tM Farm Home�tead Proteatbn Act,desipn�tion of homsitead ❑ ia atteched xo this deed of truat end mede a pa►t hereof
<br /> ❑ he�been disci�im�d;ths dfscldmer is�zt�ehed to thi�dead of tr�st�nd m�d�a part hersof.
<br /> 81tiNATUqEB:Ily NOnfnp bdow.Bon K M ttl dw f�riiir wxf covanan ' 'tFdt dtsd b!�tlaee on peQ�2,�+nA in
<br /> �ny �crlb�d�bo brt ow�r. '
<br /> LI RAILE �LIE I..E �
<br /> ACKNOMYLBpaMEAT:STATE OF NEBRASKA, GRAND ISLAND� HALL County s�: "
<br /> TMf forepoinp In�trument waa �cknowladpnd bafore me on thlt�...,19TH day of _ MAY� �997 _
<br /> ba WILLIAM D RAILE AND JULIE A RAILE, HUSBAND AND WIFE __� _
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<br />_ CuDa�b w 0} _(Nrm of CaGOnUnn a Dr1nM'�tMPI
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<br />= Thls Inttrument wa�propered 6y _ � �/�
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