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<br /> DEED OF TRUST ; , ti7�J'1�SsS6 � � �
<br /> �.
<br /> PARTIES:This Deed of Trust is made on MAY 24, 1999 , among the Grantor, na.taisL E Fai.TZN �trn d
<br /> T,F.aH R FAT.TTN, HLTSAANT_l ANT_l WTFE (��Borrower"�, Q
<br /> RF.Ni� AAAC'K, ATTORNEY
<br /> whose residence address is po sox 790, . and Tal and� Hal1 County, Nebraska ("Trustee"), and the Beneficiary,
<br /> H(]MF. FEDERAL fiAV2NC,S & L�AN AGSnCIATInN , a corporation organized
<br /> and existing under the laws of NESRASKA whose address is � GO rPH ,O TST GTREET,
<br /> C'RANI� IGI,ATTn} NEBRASKA 68802-1009 ("Lender"1.
<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: 2413 w CHARLES ST , GRAND IS7�AND , Nebraska 688�3
<br /> LEGAL DESCRIPTION: �screeu �cicv� (Zlp Code)
<br /> LOT FOUR (4) , BLOCK NINE (9) , IN ASHTON PLACE, AN ADDITION TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in HAi.L 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.►:
<br /> q(}[ A OMTS4p V N�T . TTI� G . TRTTV A� . .M .NT DAT .D AY 4� l 999
<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 S'ili�Y 24. 1999 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 /> TxrRTY SEVEN Txousa�.m Atan uo/ioo Dollars (S 37,000_00 ), plus interest,
<br /> plus any amounts disbursed under the terms of this deed ot 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 /> ❑ Variabte 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 � ASSIGNMENT OF RENTS ❑
<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 /> any riders described above signed by Borrower.
<br /> �������,
<br /> DANIEL E ALTI LEAH R FALTIN
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HALL County ss:
<br /> The foregoing instrument was acknowledged before me on this 24TH day of MAY� 1999
<br /> by DANTF.i� F. FAT.TTN ANTf L.EAH R FAT�TTN HiTSRANTf ANT1 WTFF.
<br /> �Tit1e1s11
<br /> Corporate oi
<br /> Partnership �f (Name of Corporation or Partnershipl
<br /> Acknowledgment a GENERAI N - a e o C f
<br /> on behalf of the corporation or partnership.
<br /> My c e�r�m.Exp.Nov.23,1999 �
<br /> � lNotary PuWiW
<br /> This instrumenf was prepared by nFx�unu L KiMRr.F
<br /> m1985lBAMKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800-397-2341)FORM OCP-MTG-NE 8/19/91 APPL# 00062160-�� �p°9e 1 0l2/ NEBRASKA
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