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<br /> ��i3'?'63 `° ' �`'
<br /> DEED OF TRUST �'�� D � �
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<br /> PARTIES: This Deed of Trust is made on APRIL 2, 1999 , among the Grantor, izacxEL �Txn�x r�m �
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<br /> DARR7N RATHMAN, WTFF. ANi] HIIRAATTT) _�°Borrower"), Q
<br /> ARF,TTI� R BAACK, ATTORNEY �
<br /> whose residence address is Po sox �eo, c;rana Tcland, Hall County, Nebraska ("Trustee"1, and the Beneficiary, O
<br /> HOME FEDERAT, SAVINCG & 7,�AN ASROC'TATTON , a corporation organized
<br /> and existing under the laws of NESRASKA whose address is 221 Sn TTH ,� 7ST GT . .T�
<br /> GRAND ISLAND, NESRASKA 68802-1009 ("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"1.
<br /> PROPERTY ADDRESS: 4141 SIICKINGHAM DRIVE , GRAND ISI�AND , Nebraska 68803
<br /> LEGAL DESCRIPTION: Istreet) ICity) Izip Codel
<br /> LOT ONE (1) INDIANHEAD SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> located in HALL 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 secuI�reId debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.l:
<br /> pGA A PROMISS(�RY NOTE ANT� SECLTRTTV AGREEMENT DATED APRTT, 2, 1999
<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 /> Ati 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 MARCH 18, 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 /> TWF.LVF Txous�.rn EzcxT ximmxEn �n No/ioo Dollars ($ 12,800_00 1, plus interest,
<br /> pius 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 x�j ASSTC'NM .NT O .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: By signing below, Borrower agree to the terms and covenants contai in this deed of tru , including those on page 2, and in
<br /> any 'ders describe above signed by Borrower.
<br /> � _
<br /> RACHEL RATHMAN DARRIN RAT
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, HAT.L County ss:
<br /> The foregoing instrument was acknowledged before me on this 2ND day of APRTL, 1999
<br /> bY RA('HF.T RATHMAN AND DARRSN RATHMAN, WIFE AND Hi7SRAND
<br /> (Title1s11
<br /> Corporate or
<br /> Partnership Of (Name of Corporation or Partnership)
<br /> Acknowledgment a on behalf of the corporation or partnership.
<br /> My commission exp es: GENERAL NO A • ta e o e ras a
<br /> II STEVE POPPE
<br /> -is88°_- MyLomm.Exp.D . � (Notary Public)
<br /> This instrument was prepared by
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<br /> �1986��IKERS SYSTEMS,INC.,ST.CLOUD,MN 66301 (1-800397-2341)FORM OCP-MTG-NE 6/19/91 nAAT.$ nnnF n�s1A����kof 2/ NEBRASKA
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