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<br /> DEED OF TRUST � � � �
<br /> 9 9 10'��418 �
<br /> PARTIES:This Deed of Trust is made on NLAV 17� 19gg a ; among the Grantor, M a x a owts Nn �
<br /> ISBRI D RR(�WN. HTTRSANTI ATQT) WTFF �� � _(�
<br /> ("Borrower"1, �
<br /> �RF.]�7� $AAC , ATTnRNFY G
<br /> whose residence address is Po a�x �oo (.rand Tal anA Hal 1 COUf1Ly, Nebraska ("Trustee"1, and the Beneficiary,
<br />� HOMF FF.DF.RA7 SA 7TN S k T OAN A44nC"TATT(�7`T , a corporation organized
<br /> and existing under the laws of NEBRAGKA whose address is 2 'I 4(� TTH T c1['T74T STRFFT�
<br /> CRANiI TST,ATT71. NF.RRASKA Fggp�_� 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"1.
<br /> PROPERTY ADDRESS: 5�8 WFST AVF. , C�'RATTI� TST,ANn , Nebraska 6gg03
<br /> LEGAL DESCRIPTION: Istreetl �Cityl Izip Codel
<br /> LOT TWENTY ONE (21) , IN WEST HEIGHTS SECOND ADDITION TO THE CITY OF
<br /> 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 secunred debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br /> 4L7[ A PROMTSSORY NOTF TTI� 4 ['1777TTV A MFNT i]AT D MAY � 7� '1 99q
<br /> ❑Future Advancea: 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 MAV �S� 20p4 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 /> FiVF THOLTSAND FTVF HiiNnRFD ATTT� NO��00 Dollars (S S�.5nn_�� �, 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 � ASSTCNMFNT OF R NTQ ❑
<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 conta ed in this deed of trust, including those on page 2, and in
<br /> any riders described above signed by Borrower.
<br /> ��t/7QL.� �1• 11J�0'7/�--� ` ��
<br /> MICHAEL K BROWN KAR D BROWN
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, County ss:
<br /> The foregoing instrument was acknowledged before me on this i 7'rH day of MAY, � 999
<br /> bY M7(`HAF.T. K RRnWN AND K�RT l� AROWN HLISRAND ATTI� WTFF
<br /> (Titlels))
<br /> Coiporate or ' 2 e 0 e ras a
<br /> Par[nership Of (Name of Corporation or Partnership)
<br /> Acknowledgmen[ a on behalf of the corporation or partnership.
<br /> My commission expi. .
<br /> (Seal) GH31R(�N KT,F.TNT` (Notary Public)
<br /> This instrument was prepared by_sxaRON KT.F.TNT
<br /> m7985.6ANKERS SYSTEMS,INC.,ST.CLOUD,MN 56301 (1-800397-23411 FORM OCP-MTG-NE 6/19/91 APPL# dJ�0.d62 Q�04� `. �pegB 1 Of 2/ NEBRASKA
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