|
T = �
<br /> � rn cn
<br /> = b � � � � � -�"�1 � �
<br /> . m era J � #"�,
<br /> n x � �— � -�r � v
<br /> x �' r= ""i r� c.� �
<br /> m
<br /> '�(� � Q�, �..'' o '� �,p �
<br /> f4'� ..� � -n �,. � tn
<br /> �, ° s rn �
<br /> m 4• " � t" .Z7 O �
<br /> n � � r � �
<br /> Gn �, � � � �
<br /> �',°
<br /> (Jl �..��..� � �
<br /> J � � �
<br /> �il'9` . ,
<br /> 99 107054
<br /> DEED OF TRUST ��
<br /> �
<br /> PARTIES: This Deed of Trust is made on July 03, 1999 among, the Grantor, ALAN COOK AND ZELMA COOK, HUSBAND AND WIFE °
<br /> ("Borrower"),
<br /> AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the
<br /> Beneficiary,HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,a corporation organized and existing under the
<br /> laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET,GRAND ISLAND,NEBRAKSA 68801 ("Lender").
<br /> CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of
<br /> which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights-of-
<br /> way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br /> "property").
<br /> PROPERTY ADDRESS:307 EAST 18TH STREET,GRAND ISLAND„Nebraska 68801
<br /> LEGAL DESCRIPTION:
<br /> LOT 4,BLOCK 4,MORRIS SECOND ADDITION,HALL COUNTY,STATE OF NEBRASKA
<br /> Located in Hall County,Nebraska.
<br /> TITLE:Bonower convenants 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 convenants 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 /> -
<br /> The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br /> � A PROMISSORY NOTE AND SECURITY AGREEMENT DATED July 03, 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 of 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 July 23,2004 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$15,000.00, plus
<br /> interest, 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: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 convenants contained in this deed of trust,including those on page
<br /> 2,and in any riders described above signed by Borrower.
<br /> C�`o''"��� �%O�'Gl� �
<br /> ALAN C K ZE A COOK
<br /> ACKNOWLEDGMENT: STATE OF NEBRAKSA,HALL COUNTY SS:
<br /> The foregoing instrument was acknowledged before me on July 03, 1999
<br /> By ALAN COOK AND ZELMA COOK,HUSBAND AN WIFE
<br /> My commis �on p�
<br /> I � otary Public)
<br /> DEBORAH J.NORMAN
<br /> - My Comm.Exp.Sept,19.2001
<br />
|