|
(
<br />M
<br />M
<br />:✓
<br />n cn
<br />O
<br />_
<br />D
<br />CA-
<br />CZ)
<br />c
<br />_'
<br />>
<br />m
<br />O
<br />=
<br />T
<br />o
<br />o
<br />O
<br />o�
<br />= rn
<br />O
<br />d
<br />`
<br />3
<br />r
<br />N
<br />d
<br />W.
<br />0
<br />to
<br />r a
<br />U)
<br />s
<br />p
<br />O
<br />D
<br />�
<br />•-~
<br />Co
<br />O
<br />Cl)
<br />co
<br />CD
<br />20000249
<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on March 25, 2000 among, the Grantor, DAX CARLSON AND SUE CARLSON, HUSBAND AND i
<br />WIFE ( "Borrower "), da
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender ").
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property")
<br />PROPERTY ADDRESS: 1909 W STATE ST, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />THE WESTERLY SIXTY FOUR (64) FEET, ONE (1) INCH OF LOT NINETEEN (19), AND THE NORTHERLY FIVE (5.0) FEET OF THE
<br />WEST SIXTY -FOUR, ONE INCH (641 ") OF LOT TWENTY (20 AND THE WEST FIFTY (50) FEET OF THE SOUTHERLY FORTY -
<br />SEVEN (47.0) FEET OF LOT TWENTY (20) WEST LAWN ADDITION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants 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 convenants 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 SECURITY AGREEMENT DATED March 25, 2000
<br />M 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 of 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 April 06, 2003 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 $3,500.00, plus
<br />interest, 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: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iUttached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />SIGNATURES: By signing be ow, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in ers described b ve signed by Borrower.
<br />DA ARLSON Mit CARLSON
<br />gEb►ERAL NOTARY State of Neb a
<br />"" HARON K'K.LEINT"
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: $a pc c'r 003
<br />The foregoing instrument was acknowledged before me on March 25, 2000
<br />By DAX CARLSON and SUE CARLSON, HUSBAND AND WIFE
<br />My commission expires: /
<br />C Lr '1 -4 JNotary Public)
<br />
|