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<br /> DEED OF TRUST �°"� �''�' �
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<br /> PARTIES:This Deed of Trust is made on MARCH 23, 1999 , among the Grantor, aRETT M wrLLt�s �rn �
<br /> BF.TH C W7LL7AMS, Hi7SRATiD ANi] WTFF. (°BO�fOWef"�, �.
<br /> AREND R BAACK, ATT�RNEY �n
<br /> �
<br /> whose residence address is p� x�x �9n, Grand island, xaii County, Nebraska ("Trustee"►, and the Beneficiary,
<br /> HOMF. F .D .RAT, SAVTN�G & T,OAN ASGO TATTpN , a corporation organized
<br /> and existing under the laws of NEBRASKZ�. whose address is i 40 'rrH ,O�iTSm ST . .T�
<br /> GRAND ISI.AND, NEBRASKA 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: 2603 W DIVISION ,_ _GRAND IS7�AND , Nebraska 68803
<br /> LEGAL DESCRIPTION• Iscreen 1c�cy1 1z�u codel
<br /> LOT ONE (1) IN BLOCK SIXTEEN (16) , IN ASHTON PLACE, AN ADDITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in HAi,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 PROMIS40R NOT . TTi) Q . TRTTV A. . .M .NT DATF.D MAR -H �, l 999
<br /> �Future Advancea: 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 MARCH 16, 2002 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 /> F7VE THOt�s�n FTVF. HLiNT1RF.D RF.VF.NTY Two anm 90/�oo Dollars (S_ 5_,572_9� ), 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 pCY AS4T ,NM .NT p .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 ee t erms and covenants contained' this dee of tru , ncluding those on page 2, and in
<br /> a��scribed bo ' n d by r e . /�f '�
<br /> �� r � � �� / / ��'�
<br /> TT M WILL AMS BETH C WILLIAMS
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HALL County ss:
<br /> The foregoing instrument was acknowledged before me on this 23RD day of MAR[�H, i 999
<br /> by
<br /> GENERAI NOTARY•State ot Nebraska �r;t,e,$n
<br /> corporate or
<br /> Pa�tnership �f (Name of Corporetion or Partnership)
<br /> Acknowledgment a ' on behalf of the corporation or partnership.
<br /> My commission expires: /
<br /> (Sea1) � �• ``��c_INotary Public)
<br /> _ Shis instrumenL vuas�repared by ^xurS T, xn�s�-�E
<br /> m7886�Q(1pIKERS SYSTEMS,INC.,ST.CLOUD,MN 58301 (1-800-397-2347)FORM OCP-MTG-NE 6/19/91 APPL# 00059919 ��r r/� �EBRASKA
<br /> �vo
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