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<br /> DEED OF TRUST 9�1V3�6� ,_�.�,
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<br /> PARTIES:This Deed of Trust is made on MARCH 13, 1999 , among the Grantor, MONTE L SCHOENSTEIN. �
<br /> ANI! MALiRINE S SCHOENSTF.TN H[iSRATin AND W7FF. "�, ��
<br /> ("Borrower �
<br /> ARF.NI� R BA�CKy_ATTOIZNF:V
<br /> whose residence addreas is vo a�x �9n� arA.,� T,.�g„a Hg>> County, Nebraska ("Trustee"), and the Beneficiary,
<br /> HOMF. .D . Ai. SAVTNC4 T,O N ASSOCTATTON , a corporation organized
<br /> and existing under the laws of NEBRASKA whose address is 22] SO TTH T.O TS'r ST . .T�
<br /> GRAND ISr�AND, NEARASKA 68802-1��9 ("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: 21126 N SHERIDAN , GRAND IS7�AND , Nebraska 68803
<br /> LEGAL DESCRIPTION: lscreeq (cicyl Rlp Code1
<br /> THE SOUTHERLY 23.25 FEET OF LOT THREE (3) AND ALL OF LOT FIVE (5) IN
<br /> BLOCK TWENTY (20) , IN UNIVERSITY PLACE, AN ADDITION TO THE CITY OF
<br /> GRAND ISLAND, HALL COiJNTY, NEBRASKA.
<br /> located in HAT.i. 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.):
<br /> 4t�[ A PROMISRO Y NOT . Til� 4 . LTRTTV AC F.F.MF.NT DAT .D �R('H '1'�, '1999
<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, 2�02 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 /> THREE Txotls�n �un No/ioo Dollars ($ 3,000_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 /> ❑ Variabla 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 � ASSTGNMENT OF RENTS ❑
<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 c ntained in this deed of trust, including those on page 2, and in
<br /> any riders described above signed by r.
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<br /> MONTE L SCHOENSTEIN MAURINE S SCHOENSTEIN
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, NAT,T, County ss:
<br /> The foregoing instrument was acknowledged before me on this 1'�TH day of NrnRrH, 199q
<br /> bY MONTF T. SC'HOF.NST .7N NT1 MAi7RTN . S SCHO .N4T .TN� HttSRANI� ANI] W7FF.
<br /> (TIt181S11
<br /> Corporate or of �
<br /> Partnership (Name of Corporatlon or Partnership)
<br /> Acknowledgment a MyComm.Ex0•�•2g�� on behalf of the corporation or partnership.
<br /> __ Plly cammission expires: Z°'� �c'�_
<br /> (Seaq ��_ � (Notary Public)
<br /> This instrument was prepared by cuurc T KnCKTF.
<br /> �1985��IKERS SYSTEMS,INC.,ST.CLOUD,MN b6301 (1-800397-23411 FORM OCP-MTG-NE 6/19/91 TDDT.iF nnl�C OG'7o._�r..+�pegB J O�2I NEBRASKA
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