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<br /> DEED OF TRUST ��.�04931 � � �
<br /> � O
<br /> . �
<br /> PARTIES:This Deed of Trust is made on MAY 3, 1999 , among the Grantor, PASCHAI, R McPxrLLiPS. O
<br /> A S2NCLE PERSON AND MARSHA K TRi7F.T.T. A SIN(;LE PF.RSON (°BOffOWBf°�,
<br /> ARENf] R EAAC'K,_ ATT�RNEY �
<br /> whose residence address is po sox �eo, Grand zsiana, xa�i County, Nebraska ("Trustee"1, and the Beneficiary,
<br /> AOMF. F .D . AT, GAVTN,G T,O N ASSOC'TATTpN , a corporation organized
<br /> and existing under the laws of NF.SRASKA whose address is 221 SOirrH �� T4T ST . .T�
<br /> ,RATTfl TG ,ATTT)� NFSIZAGKA 68802-�009 ("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: 1740 S TNCAT,i,S , r At�m TSr,n, , Nebraska 68A03
<br /> LEGAL DESCRIPTION: lscreetl (C�ty) Iz�P codel
<br /> LOT FIVE (5) , BLOCK TWO (2) , WEST BEL AIR FOURTH ADDITION TO THE CITY
<br /> 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 secunred debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.l:
<br /> �Gi[ A OMTSS� V NnT . TTTI S . TRTTY A FFMFNT DAT D AV "�� � 999
<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 APRIL 30, 2006 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 /> N2NETEEN THOiTSATdT) ONF. HTTNTIRF.D TH7RTY STX ATTT� 79/t 00 Dollars (S 19�136_79 �, 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 � ASST �NM .NT (� R 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 below, Borrower agree to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> iders described above signed by Borrower.
<br /> �m�Y:�hc��' -�'�.�.�:,.�0�,
<br /> PASCHAL R MCPH LIPS MARSHA K TRUELL
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL County ss:
<br /> The foregoing instrument was acknowledged before me on this 3Rn day of MAY, l 999
<br /> by
<br /> (Titlelsll
<br /> Corporete or
<br /> Partnership Of ��� (Name of Corporation or Partnerahip)
<br /> Acknowledgment a M COmm.Ex .DeC.29,Z�
<br /> on behalf of the corporation or partnership.
<br /> My commission expires: J
<br /> (Sea1) � l/�` �_INotary Public)
<br /> This instrument was prepared by (`HRTS T. KARKSF.
<br /> �198 KERS SYSTEMS,INC.,ST.CLOUD,MN 58301 (1-600-397-2341)FORM OCP-MTG-NE 6/19/91 . IQ.sy!j1;0�ZI' NEBRASKA
<br /> �i4S�p1 APPLft OOnF,'1493 � �,. �. . ,
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