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GRAND ISLAND, NEBRASKA 6880 -1009 ("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: 2 R 16 BRENTWOOD RT,VD GRAND TsTAND Nebraska 6 R R Ol <br />LEGAL DESCRIPTION: (Street) (City) (zip Code) <br />SUITE #2816, IN PINEWOOD CONDOMINIUM IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />located in HAT,T, <br />TITLE: Borrower covenants and warrants title to the property, except for <br />County, Nebraska. <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 secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.): <br />0 A PROMISSORY NOTE AND S CURTTV ACREPMENT DA D iuNE 4, 1999 <br />U 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 .TTTNE. 1 0, 2009 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 />FIFTEEN TH()TTSAND SIXTEEN Nn NO11 On Dollars ($ 15, Ol 6 - 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 <br />ASSIGNMENT O R 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: B signing below, Borrower agree to the terms and covenants c tai d in th' deed of trust, including those on page 2, and in <br />any rider ascribed above igned by Borrower. .0 <br />STEP I A OLBERDING LO S OLBERDING <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, <br />County ss: <br />The foregoing instrument was acknowledged before me on this 4TH day of 7TTNE, 1999 <br />by <br />6EMERAl, NO <br />Corporate or <br />Partnership kf <br />Acknowledgment <br />My commission expires: 1. r� L 'r, G� c�?G <br />ISeali <br />This instrument was prepared by BARRY r, SANn STROM <br />©1985 VgKERS SYSTEMS, INC., ST. CLOUD, MN 56301 (1- 800 - 397 -2341) FORM OCP- MTG -NE 6/19/91 <br />(Title(s)) <br />(Name of Corporation or Partnership) <br />n beh4of t" cofporation or partnership. <br />(Notary Public) <br />)papa r gf24 NEBRASKA <br />APPL# 0006268Q t .1 <br />n <br />M <br />T <br />z <br />M <br />CA <br />_ <br />:� <br />n <br />2 <br />n <br />D <br />� <br />c-> co o <br />o -I <br />rn <br />N N <br />:3 <br />N <br />t`7 <br />� <br />m � <br />200002027 <br />v 1 <br />W <br />0 <br />M <br />v <br />r ry <br />r n <br />v' cfl <br />o <br />DEED OF TRUST <br />t;,D <br />CID <br />N <br />Cn <br />0 <br />PARTIES: This Deed of Trust is made on JUNE <br />4, <br />1999 <br />among the Grantor, <br />STEP ANT A O R Rn N <br />ANn LOTTTS F OT.RF.RDTNG WIFE AND HTTSRAND <br />( "Borrower "), <br />AR ND R BAACK, <br />ATTORNEY <br />whose residence address is Po RoX 79n rarand <br />Tal <br />ana Hall <br />County, Nebraska ("Trustee"), and the Beneficiary, <br /><:7 <br />HOM DE.RAT. SAVTNCS F, LOAN ASSOCIATION <br />, a corporation organized <br />and existing under the laws of NEBRASKA <br />whose address is <br />221 <br />SOUTH <br />LOCUST ST .P.T, <br />GRAND ISLAND, NEBRASKA 6880 -1009 ("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: 2 R 16 BRENTWOOD RT,VD GRAND TsTAND Nebraska 6 R R Ol <br />LEGAL DESCRIPTION: (Street) (City) (zip Code) <br />SUITE #2816, IN PINEWOOD CONDOMINIUM IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />located in HAT,T, <br />TITLE: Borrower covenants and warrants title to the property, except for <br />County, Nebraska. <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 secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.): <br />0 A PROMISSORY NOTE AND S CURTTV ACREPMENT DA D iuNE 4, 1999 <br />U 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 .TTTNE. 1 0, 2009 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 />FIFTEEN TH()TTSAND SIXTEEN Nn NO11 On Dollars ($ 15, Ol 6 - 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 <br />ASSIGNMENT O R 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: B signing below, Borrower agree to the terms and covenants c tai d in th' deed of trust, including those on page 2, and in <br />any rider ascribed above igned by Borrower. .0 <br />STEP I A OLBERDING LO S OLBERDING <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, <br />County ss: <br />The foregoing instrument was acknowledged before me on this 4TH day of 7TTNE, 1999 <br />by <br />6EMERAl, NO <br />Corporate or <br />Partnership kf <br />Acknowledgment <br />My commission expires: 1. r� L 'r, G� c�?G <br />ISeali <br />This instrument was prepared by BARRY r, SANn STROM <br />©1985 VgKERS SYSTEMS, INC., ST. CLOUD, MN 56301 (1- 800 - 397 -2341) FORM OCP- MTG -NE 6/19/91 <br />(Title(s)) <br />(Name of Corporation or Partnership) <br />n beh4of t" cofporation or partnership. <br />(Notary Public) <br />)papa r gf24 NEBRASKA <br />APPL# 0006268Q t .1 <br />