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<br /> DEED OF TRUST 9 9 �0 6' 9 v�� � r'r' � o
<br /> �
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<br /> PARTIES:This Deed of Trust is made on APRIL 24, 1999 , among the Grantor, .auuY W RP .R .7N. �
<br /> �
<br /> DAISY J SPERLING HIISSANI] ANT] WTFF. (°BOffOW@f"),
<br /> AREND R SAACK, ATTORNEY
<br /> whose residence address is po sox �ao, a a„a Tsland, Hall County, Nebraska ("Trustee"1, and the Beneficiary,
<br /> H�M . .D . A7� 4AVTN�G T�O N AGSO -TATT�N , a corporation organized
<br /> and existing under the laws of NEERASKA whose address is �2?.� SnirrH r,0 TST Sm . �
<br /> GRAND TSLATTT)� NF.gRARKA 68802-'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: 2740 OFI�ANNIGAN , G1ZANn TSr,Arm , Nebraska 68803
<br /> LEGAL DESCRIPTION: Istreetl (City) Izip Code)
<br /> LOT FOURTEEN (14) IN BLOCK ONE (1) IN DICKEY THIRD SUBDIVISION A
<br /> RESUBDIVISION OF ALL OF BLOCKS TWO (2) AND THREE(3) IN DICKEY SUB-
<br /> DIVISION AND ALL OF BLOCKS ONE (1) AND TWO (2) DICKEY SECOND
<br /> SUBDIVISION OF 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 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 secured debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.►:
<br /> � A ROMISSORY NOT . i�m � . TRTTV A, . .MF.NT DAT .D A TT, 4, 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 _ ___ APRIL 25, 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 /> F.TQHT THOUS�rn Axn No/ioo Dollars (S 8,D00_�0 ), 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 �j ASSTGNMENT 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 /> SIGNATU E . signing below, Borrower agree to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> a d descri d abov signed Borrower.
<br /> r � �� _
<br /> �' 4�=a
<br /> LARRY SPERLI DAISY J SP G
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, County ss:
<br /> The foregoing instrument was acknowledged before me on this 24TH day of APRT7,, 1999
<br /> by i.ARRY W SPERLINC AND DA2SY J SPERLINC� HLTSBAND AND WIFE
<br /> (Title(s11
<br /> Co�porate oi
<br /> Pattnersnip �f (Name of Corporation or Partnership)
<br /> Acknowledgment a on behalf of the corporation or partnership.
<br /> My com issi expiresSHll9QM��-E�NT ` ,�
<br /> My Comm.Exp.Dec.19,19� GHARnN KT.F.TNT � (Notary Public)
<br /> This instrument was prepared by SHARON KT.EINT •
<br /> 01985��IKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 11-800-397•23411 FORM OCP-MTG-NE 6/19/91 APPT,$ (ln:(1Fl'1 Fr� : lpage l.qf 2/ NEBRASKA
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