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<br /> DEED OF TRUST r 99`1�586� "' � � � �
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<br /> PARTIES: This Deed of Trust is made on �7TTNE 2, 1999 , among#he Grantor, T, �AN H N .7HA TS ND
<br /> NANNF.TTF S NRTTHAi7S Hi7SAAND ANn WTFF. ' (°BOffOWBf°�, �
<br /> AREND R R A , ATTO N .V
<br /> whose residence address is po x�x �90 c:rana ra�ana, xa>> County, Nebraska ("Trustee"►, and the Beneficiary,
<br /> H�MF rEDERAT SAVTNC4 & T OAN A44(� TATTON , a corporation organized
<br /> and existing under the laws of NEBRASKA whose address is 221 SOL7TH I,� TST ST .F.T�
<br /> r ATTT) TST,ATT1�, NEBRA4KA 68802-'I �0 ("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 catled the
<br /> "property"1.
<br /> PROPERTY ADDRESS: 64l ACARTHLTR AV . , GRANi� T47,ANn , Nebraska 68801
<br /> LEGAL DESCRIPTION: 1SCreecl 1c�cy1 IZip Code)
<br /> 54 FEET X 141.6 FEET PART LOT H JOEHNCK SUBDIVISION, GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> located in HAT,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 /> 4G7C A PROMISSO V NOT . Nll S 7RTTY A M NT DAT D 7T7N � 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 OCTC�SER 7, 1 999 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 /> FTFTY NTNF. THOtiSATTn FTVF. HiTNnRFT1 AND NO�100 Dollars (S 5��50�_nn �, 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 � ARSTGNMENT 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, inciuding those on page 2, and in
<br /> a riders scribed abov si ed by Borrower.
<br /> � :�. ����
<br /> ALLAN H NEUHAUS NANNETTE S NEUHAUS
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, HAi.T, County ss:
<br /> The foregoing instrument was acknowledged before me on this 2ND day of ,7iiNE, � A99
<br /> bY AL2,AN H NELTHAiTS AND NAN�TF.TTF S NFiTHATiQ HL7SRAN1� ANTI WTFF
<br /> �Titlels)1
<br /> Corporate or
<br /> Partnership Of (Name of Corporation o�Partnershipl
<br /> Acknowledgment a ��� on behalf o t rporati n or partnership.
<br />— _- --- __ • g• . My Comm.Exp.Nov.23,l999
<br /> (Seal) (NOtarY Public)
<br /> This instrument was prepared by DFRORAH L KTMAT�F.
<br /> p1985��lKERS SYSTEMS,INC.,ST.CLOUD,MN 56307 11-800-397-2341)FORM OCP-MTG-NE 6/19/97 APPL# 000624B3 �, ,, �Page 1 of 2/ NEBRASKA
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