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<br /> �: �, 99_���5a�.2�. -� N- o
<br /> DEED OF TRUST -$` g
<br /> � �
<br /> �O
<br /> PARTIES:This Deed of Trust is made on APRIL 26,_1999 , among the Grantor, Rnn� r.z L JEPPESEN �
<br /> DARLENE M JEPPESEN AND KENNETH N JEPPESEN, WIFE AND HUSBAND �"Borrower"), °
<br /> ARFND R SAAC'K ATmnvrrs�v
<br /> whose residence address is po aox �oo ana Zaland Hal l County, Nebraska ("Trustee"), and the Beneficiary,
<br /> �r.�T,....� T nTw. TCClI!'�TDTT(�j1 , a corporation organized
<br /> and existing under the laws of NF.BRASKA whose address is�H LOCUST STRF.FT�
<br /> GRAND TS7,ANfl. NFgRAGKA 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").
<br /> PROPERTY ADDRESS: A 3 W i'� H Rm , C'RAt�m rSr ANn , Nebraska 6880i
<br /> LEGAL DESCRIPTION: �screeu �acY� Iz�P codel
<br /> LOT FIVE (5) , BLOCK FOURTEEN (14) , GILBERT'S ADDITION, GRAND ISLAND,
<br /> 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 inc�rporate�hereir. Secur2d debt, as used in this deed of trust, includes any amaunts
<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.l:
<br /> �j a DR(1MTCGnRV NnTE AND GF'C' �ITY AGREEMETJ'T' DATFD APRIL 26, � 99
<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 turAV i , �004 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 /> vrn.mnon cTnvmv �nTiR AA7i) '2A�100 Dollars (52�F.SR4 �� ), 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 � AGSTCNMFNT OF RF.NTR ❑
<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: signing below, Borrower agree to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> any rid s described above signed by Borrower.
<br /> �, �
<br /> L L E P N DARLENE M JEPPESEN
<br /> KENNETH N JEPP N
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, AT T County ss:
<br /> The foregoing instrument was acknowledged before me on this 26'rH day of APRrT,� � 999
<br /> by RnnmATa. r. .TEPPF.SENr A STNC:i�F. P .RGON . DARLENE M JEPPESEN AND KENNETH N JEPPESEN�
<br /> WTFE AND HUSBAND �T�ciecsn
<br /> Corporate or Of (Name of Corporation or Partnership)
<br /> Partnership
<br /> Acknowledgment a on behalf of the corporation or partnership.
<br /> My com ' pir�J�N��
<br /> Ci0fl111�'�•�18.��
<br /> (Notary Public)
<br /> This instrument was prepared by '
<br /> p1995��IKERS SYSTEMS,INC.,ST.CLOUD,MN 66301 (1-800397-2341)FORM OCP-MTG-NE 6/19/91 APPL# 00061212r; (page.1 of 2) NEBRASKA
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