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<br /> DEED OF TRUST o � � � � cIi �
<br /> � � � 'X�-�-'' � Z
<br /> PARTIES:This Deed of Trust is made on ,T[7NE 2, 1999 C � , amon��he Grantor, ��RTnO nnrtar ncc �
<br /> ATdT) TANF.T 7. i]OfTrT�nRR HLiSHA7if1 ATin WTFF. ��� (°BOffOWef°�, ,,,(� ''���............
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<br /> AREND R SAAC'K, ATTORNF:Y p''
<br /> whose residence address is po xnx 790. C,rand Taiand Hall County, Nebraska ("Trustee"), and the Beneficiary,
<br /> HOMF. FF.DERAT� GAVTN(;S k LOAN AGSOC'TT1TT(�N , a corporation organized
<br /> and existing under the laws ot N .R AG A whose address is i GO 7TH .nc'i7GT GT T,
<br /> CRAN7� ISLATTT)� N .S A4 A 6AA0 .-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: 3i O5 . S . .D ,TN. MTr, . nnn , GRArrn TSr,n,Nn , Nebraska 68801
<br /> LEGAL DESCRIPTION: Iscreecl �ciiy) (z�P codel
<br /> LOT ONE (1) OF THE SUBDIVISION OF LOT NINE (9) OF WINDOLPH'S
<br /> SUBDIVISION IN THE CITY OF GRAND ISLAND,HALL COUNTY, NEBR.ASKA
<br /> located in 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 pertormance 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 /> 4GX A PROMTQGpRV NOT . G . TRTTV A M NT T��TF TiTNF , '1999
<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 7L7NE 15, 2004 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 /> FTGHT THnLiSANi] NINE Hi7�TT)RF.1] STXTV F7VF. ANTI z7��00 Dollars ($ 8� 965_37 �, plus interest,
<br /> plus any amounts disbursed under the terms ot 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 o[Y ASS �NMF.NT O N 4 ❑
<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 con ' ed n this deed of trust, i cluding those on page 2, and in
<br /> any riders described above signed by B rrower.
<br /> ��� � L- , w;�
<br /> MARION C DOUGLASS J T L DOUGLASS
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, County ss:
<br /> The foregoing instrument was acknowledged before me on this 2ND day of ,7i7NE, 7 999
<br /> bY MARION C' n(�iiC.T.nRR ANT1 .TANF.T T, 1�nTiC.T�DGR H TCRnNTf nNT1 WTFF.
<br /> �Titlelsll
<br /> Corporate or
<br /> Partnership �f (Name of Corporation or Partnership)
<br /> Acknowled0ment a on behalf of the cor ration or partnership.
<br /> My commission �����a� � _
<br /> ISeal) / (Notary Public)
<br /> This instrument was prepared by r,rGA MAYFR
<br /> �1985Z�IKEHS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800-397-2341)FORM OCP-MTG-NE 6/19/91 APPL# 00062533e� n,w Ip�qe�sr�of2/ NEBRASKA
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