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WOFTRUffr
<br />MRTIES: This Deed of Trust is made on among the Grantor,
<br />Martiaret R. Kennedy and William T Kennedy. wife and husband
<br />'
<br />1"8orrovrer"A Central- Bank. Central City, Nebraska
<br />whose residence address isftx 177• Central City,, Merrick County, Nebraska (71frustee'1, and the Beneficiary.
<br />_ Central Bank_ Central City. Nebraska , a corporation organized
<br />and ncistirp under the taws of, ftbraska viihose address is — -1634 16Th rt> t
<br />c rpni a Cit , Nebraska 6882x ,- „ ,
<br />_ ( Lender ').
<br />CGWAM�JM- For value received Borrower im'm3cobly grants and Conveys to Trustee, in trust, with power of sate, the real property, of which
<br />Borrower is iawtullrseized, described below and oil buildings, fixtures, and existing and future improvements thereon and alt rights -ot -way,
<br />veanNrft rants, muse, profits, income, tenements, hereditamer>ts, privileges and any appurtenances thereunto belonging fall called
<br />' the "property " -1.
<br />PRAXW rYADORM: Rural Route , Nebraska
<br />fst[r.r!
<br />(044 'op COM
<br />L4GA : DESCIPWIPTRIft
<br />e
<br />-The West Half of the Northwest Quarter (WINW4) of Sec. 20, Twp. , ZO North,
<br />r Range 10, West of the 6th P.M., Ha11 County, Nebraska, excepting'a certain l
<br />tract as shown in Notice of Contract of sale recorded as'Document N0. 82- 004410,,-
<br />,
<br />located in Hall County, Nebraska.
<br />TITLE: Sonower covenants and warrants title to the property, except for None
<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
<br />amounts Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications,
<br />extensions and 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 />® Note dated Septembgr 5, 1990 in the principal sum of $14,500.00
<br />❑ Future Advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br />eontemplateo 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.oxtent as if made on the date this deed of trust is executed,
<br />The above obligation is due and payable on December 15, 1995 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 />.Fourteen Thousand Five Hundred and No /100 s Dollars (S 14,500.00 ), 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 />C 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 />REQUEST FOR NOTICE OF DEFAULT
<br />it is hereby requested that copies of the notices of default and sale be sent to each person who is a party hereto, at the address of each such
<br />person, as set forth herein.
<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
<br />hereof ® has been disclaimed, the disclaimer is attached to this deed of trust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agrees to the terms and covenants contained in this decd of trust, including those on the reverse
<br />side, and in any riders described above signed by Borrower.
<br />Ma garet R. K needy William T. Kennedy
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, . _ -____ _ —_- �tILC�4_ Countyss:
<br />L The foregoing instrument was acknowledged before me this 5th day of September
<br />by Margaret R. Kennedy and William T. Kehnedv, wife and husband
<br />- .PnrtnC[ghip (:11 • �-- .- .- - -_._, _— _-- ... -_.-- _- -_ -� -- - - - - - :•.,nnyr�na,
<br />or[ Aalf of the Corporation or partnership.
<br />My commission expires:
<br />IV�LAkC,SttM i MIb
<br />XjTj40 J.IItIMA1lYS
<br />AMY Ooa E* ADO 21. 1992
<br />This instrument was prepared by -__ _ Anthony J. Armatys
<br />1985 8ANKERS SYSTEMS INC. ST CLOUD 4:N 56301 FORM OCR' MT[; !,F R t,r 41- NEBRASKA
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