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<br /> n„�04392 � �' `"� _
<br /> DEED OF TRUST a� � y
<br /> O
<br /> PARTIES:This Deed of Trust is made on
<br /> , among the Grantor, KAREN M Npnr�rx OLGON Q
<br /> AKA KAREN M NABITY AND DAVID B OLSON, WIFE AND HUSB ND ( Borrower"1,
<br /> ARFND R BAACK� ATT�RNFV �
<br /> whose residence address is po nox �90 c+-ana Tal and Hal l County, Nebraska ("Trustee"), and the Beneficiary,
<br /> „r n�nc�Twtnn & LOAN ASSO('IATTON , a corporation organized
<br /> and existing under the laws of NF.$RAGKA whose address is �i GOLTI'H LOCL7ST G R . .T�
<br /> CRAND TST AAm N S ASKA 68802-�D09 ("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: 1809 G TN t 7.LS , nrm T4T.AN7� , Nebraska 68803
<br /> LEGAL DESCRIPTION: Iscreecl Ic�cyl cziP codel
<br /> LOT THREE (3) , BLOCK TWO (2) , WEST BEL AIR SECOND ADDITION TO THE
<br /> CITY OF GR.AND ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in HAT T 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 secured debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.►:
<br /> � n DACIMTC4nRV NnTE AND GF TRTTY AfREFMFNT DATED APRIL 1, � 99q
<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 APRTL 6 r 200'� _ 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 /> TWFNTY FSVE THOUCAnm FTVF �n so/i no Dollars ($2ri,0�� �� 1, 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 x� AS�T NMFNT � R .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 /> LI 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 de cribed above signed by orrower.
<br /> �`�(/�-- �.
<br /> KAREN M NABIT OLSON AKA KAREN M NABITY DAVID B OLSO
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, HAr T County ss:
<br /> The foregoing instrument was acknowledged before me on this 'I GT day of APUTr,, i 99
<br /> by xnRFN M NAA7TY or SoN Ai�A ItARFN M NABITY AND 1�AVTT� B OLSON WIFE AND HUSBAND
<br /> ITItIe1s11
<br /> Corporate or (Name of Corporatlon or rtnership)
<br /> Partnership
<br /> Acknowledgment �� n b f of the corporation partnership.
<br /> �����ril 24,1999 _
<br /> 1Seal1 � Notary Public)
<br /> This instrument was prepared by
<br /> m19868AGKEHSSYSTEMS.INC..ST.CLOUD,MN66301It-800-397-2341�FORMOCP-MTG-NE6/19/91 Tnnr_A nn1'ihcn7nC 8B 1O12/ NEBRASKA
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