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<br /> DEED OF TRUST o
<br /> PARTIES:This Deed of Trust is made on P9ARCH 15. � 999 , among the Grantor, xuzsTZNE Q
<br /> �$AiTT�K�cE. AND DP_NTET, N �Af'F� H TfiRA�� Nn AND .WTFF . (°Borrower"�,
<br /> AREND R RAACK, ATTORNF.V �
<br /> whose residence address is Po sox �ao, r,-and Taland Hall County, Nebraska ("Trustee"1, and the Beneficiary,
<br /> ^"`*T*'^� & T OAN A4S0C'IATTON , a corporation organized
<br /> and existing under the laws of _ NFB ASKA _whose address is ��'1 SOLPTH LOCUST GTRF.FT
<br /> CRAT�TT) T4T ANi], NERRASKA�807-� 009 _ ("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: i S07 W �ST ST , CRANT?ISLAND , Nebraska �_8fl0i
<br /> LEGAL DESCRIPTION: lstreetl ICityl lzip Codel
<br /> LOT TWO (2) , BLOCK TWENTY (20) , KERNAHAN AND DECKER SUBDIVISION, IN
<br /> THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in HAT,L 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 /> 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 secunred debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.l:
<br /> q�y[ A P OMTSS(� Y N^m� n�m c�r�rroTmv af'A�'AMFTTT DATFD MARC'H 15, l 999 __
<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 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 NLARCH � 5, 2004 _ 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 /> TwENTY TxotTSANn ANn Nn/i oo _ Dollars (S�,�00 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 ��f ASST NMENT nF RFNTS ❑
<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: By signing below, Borrower agree to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> any riders described above signed by Borrower. . r����
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<br /> ���� (l'�i ti_i' �,f(i�(l_(� i�� ��1<<: °:' > � -
<br /> CHRISTINE CHAULK GRACE ANIEL N GRACE
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, uAT T County ss:
<br /> The foregoing instrument was acknowledged before me on this � 5TH day of MAR[''H, � 99A
<br /> bY CHRTSTTNF C'HAUT.K (;RACF. AND ^RACE H TSRANT] AND W7FF'
<br /> ITitlelsll
<br /> Corporate or of � � � � (Name of Corporation or Partnership)
<br /> Paitnershfp --� �--
<br /> Acknowledgment a _ on ehalf of the corporation or partnership.
<br /> - ��
<br /> My commission expires: --�
<br /> �sean GEN f Ne6raska �NO�a�Y P�b���i
<br /> This instn!ment���as prepared by�:�v ��� STEVE POPPE — .
<br /> My Comm.Exp.Dec. , (page �of z� NEBRASKA
<br /> OO 19851�IKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800-397- . APPL 00059653
<br /> CCD# 0100487475
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