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<br /> DEED OF TRUST �J�J"`'�C�SS98 � �" � o
<br /> , �.
<br /> PARTIES:This Deed of Trust is made on MAY 24, 1999 , among the Grantor,R6YN10ND J ABEL _ d•
<br /> Atan r,ixnn M"naFr. HUSBAND A1dD WIFE ("Borrower"�, a
<br /> nRF.Ni� R AnnC`K� ATTORNF.V
<br /> whose residence address is va Box �ao, �rana Taland, xAii County, Nebraska ("Trustee"), and the Beneficiary,
<br /> HOME FEDF.RA7 SAVTNCR & i pAN A440C'TATT(�N , a corporation arganized
<br /> and existing under the laws of NESRASKA whose address is 221 SnLTTH LOC''L7ST STRF.FT�
<br /> CRANT� T4T,ATTTI� N .S AS A 6$$0 .-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: 1 021 W TnHN , GRAND T� ,nt�m , Nebraska 68801
<br /> LEGAL DESCRIPTION: lscreec� �cicy� IZip Code)
<br /> THE WESTERLY ONE FOURTH (1/4) OF THE NORTHERLY ONE HALF (N1/2) OF
<br /> BLOCK NINE (9) IN WINDOLPIi'S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBR.ASKA EXCEPTING A CERTAIN TRACT DEEDED TO THE CITY OF
<br /> GRAND ISLAND AS SHOWN IN QUIT CLAIM DEED RECORDED IN BOOK 120, PAGE
<br /> 253.
<br /> located in uAr.r, County, Nebraska.
<br /> TITIE: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 /> 4L7[ A PROMTSSpR NOT TTi) QFC'TTRTTV �C'RFFMF T'r' nnm�r� �rTV 4, l 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 �, �00� 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 /> srx TxotTS�n RF.VF.NTY n.Nn so/i on Dollars ($ ti,070_50 ), 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 �C7C AGGTC.NM .NT p FNTS ❑
<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 /> riders described above signed by Borrower.
<br /> � �ir2_-�r✓ /�( ��t-, �
<br /> RAYMOND J ABEL LINDA M ABEL
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HAi.T, County ss:
<br /> The foregoing instrument was acknowledged before me on this �4TH day of MAV� 'I 999
<br /> by�AYMOND J ABEL_ ANn r.rnmA M AAF'7 , HUSBAND AND WIFE
<br /> Corporate or • a e 0 e S . (Titlelsl)
<br /> Partnership Of (Name of Corporation or Partnership)
<br /> Acknowledgment a on behalf of the corporation or partnership.
<br /> y commis io x ir s. M�
<br /> Iseall "` -
<br /> (Notary Public)
<br /> This instrument was prepared by ('HRTC T. KnRKTF
<br /> O 1985Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 58301 11-800-397-23411 FORM OCP-MTG-NE 6/19/91 (P89e 'o�2� NEBRASKA
<br /> — APPL# 00062178
<br /> CCD# 0100492541�'
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