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<br /> DEED OF TRUST � cn � .._�,•
<br /> 99- 1�4'�os `� �
<br /> PARTIES:This Deed of Trust is made on APR2r, 2�, 1999 , among the Grantor, MT AF. � D +Tg40N nm
<br /> KnRF.N T. .TB4pN, H TCRATTn ATin WTF . : �°Borrower"�, (-t,
<br /> \J
<br /> AREND R BAACK, ATT�RNEY � {�,
<br /> ��� �
<br /> whose residence address is no sox �ao�Arand Tal and, Hal 1 County, Nebraska ("Trustee"1, and the Beneficiary, �
<br /> HOMF FEDF.RAL SAVINCS k I,OAN ASGOCTATTON , a corporation organized
<br /> and existing under the laws of NEBRASKA whose address is 22 SO TT'H T.O - 7RT AT F. .T�
<br /> C,RAND TSLAND, NESRASKA 6880?.-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: 922 S CLAIISSEN AVE , C'C ANn T 4r,A1�m , Nebraska 6 S S 0� -S 0�9
<br /> LEGAL DESCRIPTION• lscreen �c��y1 a�a codel
<br /> LOT SIX (6) , BLOCK FOUR (4) , CLAUSSEN COUNTRY VIEW ADDITION TO THE
<br /> CITY OF GRAND ISLAND, 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.►:
<br /> 4G7[ A PROMISGORY NOT . NT') G .0 7RTTY A(; F.F.MF.NT DAT .D A RTT, 2'�� 19qq
<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 /> 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 MAY 10, 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 /> RF.VF.N THOttRANT) FTVF. Hii1JT1RF.1� FTFTY THRF.F. ANTI ca/i nn �0��8fS ($_7�553_54 �, 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: ❑ Comme�cial IYY AGGT tNMF.NT O .NTG ❑
<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 belo , Borrower agree to the terms and covenants contained in this deed of st, including those on page 2, and in
<br /> pa�riders desc'bed a 'gned y Borr wer. / � .
<br /> `_�, � ��K�L��cX��v
<br /> ` ��
<br /> MICHAEL D GIBSON EN L GIBSON
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HAT,L County ss:
<br /> The foregoing instrument was acknowledged before me on this 2.3Rn day of AP�Tr,, "I 999
<br /> by -
<br /> I7itlelsll
<br /> Corporate or
<br /> Partnership Of �� (Name of Corporation or Partnership)
<br /> Acknowledgment a My�pmm,Ettp,pet,�9,2pp0 on behalf ot the corporation or partnership.
<br /> My commission expires: • -
<br /> (Seal) � • /�`-'��-�/�� (Notary Public)
<br /> This instrument was prepared by .{HR7G i. KnCKTF.
<br /> m1986Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 68301(1-800-397-2341)FORM OCP-MTGNE 8/18/81 �PL# 0006110.5 r+-�pODe �i�,.�NEBRASKA
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