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<br /> DEED OF TRUST � � � r-*
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<br /> PARTIES: This Deed of Trust is made on 7TTNF: i 6, i 999 , among the Grantor, . .o Y RM G �
<br /> AND MELEAH K ARMES. HUSBAND AND WIFE ("Borrower"1, �
<br /> ARFND R B A(' � ATTp N V �
<br /> whose residence address is Po xnx �ao ara„a rQi ana, xa�i County, Nebraska ("Trustee"), and the Beneficiary,
<br /> �iOMF. FEDERA7, RAVTNCG T O N AGSO['TATT(�N , a corporation organized
<br /> and existing under the laws of NF.R AS A whose address is 2 � Sp TTH ,OCiT4T ST FT,
<br /> CRANT� TS7,ATT1�� N .B AS A 6880 .-1 009 ("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: � 720 S ART m Gm , C'RANn TGr,A , Nebraska �8801
<br /> LEGAL DESCRIPTION: IscreeU Ic�ty1 (Zip Code)
<br /> LOT TWELVE (12) , IN BLOCK FIVE (5) , IN BEL AIR ADDITION TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in __ uAr,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 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 PROMTG4p V NOT . TTI� S . TRTTV ACRFFMFNT TI�TF TfTN 1 6 f '1 999
<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 .7iTN . i 5, ?0�4 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 /> FTVF. THOIISAND FTVF. Hi71ST1RFll FTC.HTV nNTI Sfl��pQ Dollars ($ -'r��5g�--r'�n �� 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 � A4RT ,NMFNT O NTS ❑
<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: B igning below, Borrower agree to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> any rider escribed above sign Borrower.
<br /> GE FR E ARMES ME AH K ARMES
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, HAT,T. County ss:
<br /> The foregoing instrument was acknowledged before me on this 16TH day of ,7LnJE, i 999
<br /> by
<br /> t N bnska �T�t�a,8n
<br /> corporete or
<br /> Partnership Of �I �R�S L.KASKIE (Name of Corporation or Partnership)
<br /> Acknowledgmen[ a MyComm. p. . on behalf of the corporation or partnership.
<br /> My commission expires: � I ��
<br /> .�__ _.
<br /> 48W1 - �Notary PubNC)
<br /> This instrument was prepared by c�rs r, KARKTF.
<br /> m1985��IKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 11-800-397-2341)FORM OCP-MTG-NE 6/19/91 APPT�� n�nw�n�A�A,l19i��f 2� NEBRASKA
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