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<br /> DEED OF TRUST N
<br /> N � -C �'
<br /> PARTIES:This Deed of Trust is made on APRIL 17, 1999 , among the Grantor, PauL A w�r xowTAx aNn
<br /> CINDY K WALKOWIAK, HL7SRAND AT7i) WTFF (�BOffOWBf°�, �'
<br /> AREND R SAACK, ATTORNEY ��
<br /> whose residence address is pn anx �qo, [;rand rsiana, xaii County, Nebraska ("Trustee"), and the Beneficiary,
<br /> HOME FEDERAL SAVINGS & LOAN ASSOCIATION , a corporation organized
<br /> and existing under the laws of NEBRASKA whose address is � SnLTTH ,�Ci7ST STR . .T�
<br /> GRAND IS7�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: 2914 WESTSIDE , GRAND ISLAND , Nebraska 6A803
<br /> LEGAL DESCRIPTION: Istieetl ICityl Izip Code1
<br /> ISLAND ACRES SEVEN (7) LOT TWENTY FOUR (24) IN THE CITY OF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in 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 /> � A PROMISSORY NOTE AND SECUR2TY AGREEMENT DATED APRIL 17, 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 initiai 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 APRIL 20, 2005 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 FOiTR THOiTSAND F2VF HiTNDRED FORTV ONE AND 6'1/�00 Dollars (S ?4, 541_61 I, 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 p�K ASSTC'NMF.NT O .NT4 ❑
<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 /> SIGNAT ES: By signing below, Borrower agree to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> ny riders described above signed by Borrower.
<br /> ,�,.� ' �'����2 c�-��,�, I! '(,�,'Q--�.��_�--c.�-1 t�-I.��
<br /> PAUL A WALKOWIAK CINDY K WALKOWIAK
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, County ss:
<br /> The foregoing instrument was acknowledged before me on this 7 7TH day of APRTL� � 999
<br /> bY PAi7T A WAI KOWIAK AND ('TNDY K WAT KOLITAK, HL7SRP�ND AND WTFE
<br /> (Title(sl)
<br /> Corporate or
<br /> Partnership �f (Name of Corporation or Partnership)
<br /> Acknowledgment a ��� on behalf of the corporation or partnership.
<br /> My commission expires: �2 MYComm.Exp.Det.J9,jggg � - ] ]
<br /> (Seaq SHARON KT.F.TNT ���1�� _���/`'` (Notary Publicl
<br /> This instrument was prepared by �'HARON xr Trrr •
<br /> m1985��IKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800-397-2341)FORM OCP-MTG-NE 6/19/91 AAPT.ff nnn�n�9� �Page 1 Of 2/ NEBRASKA
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