|
� f1 (�
<br /> '� m � ^ �,�p
<br /> � n n L � _ � -�s o -�-� �
<br /> � c =' o r►-i
<br /> � � c.__ Z —1
<br /> , n � v, � � � � o � �?.
<br /> � � ��.. � o � c1a ._;
<br /> ' ? � )
<br /> � o �'; s rn
<br /> � rn
<br /> � y• � r � p ��
<br /> � o ?�� � r D � c�i>
<br /> ,k;' �
<br /> � � x C,J �
<br /> � �`�.. W `..�.. W �
<br /> C.J � � �
<br /> Z
<br /> 99-��s3� ° �
<br /> DEED OF TRUST
<br /> 0
<br /> PARTIES: This Deed of Trust is made on August 13, 1999 among, the Grantor, STEPHEN P MCCOWN AND DENISE C MCCOWN, �
<br /> HUSBAND AND WIFE(`Borrower"), Q
<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 organizesi and existing under the
<br /> (aws of NEBRASKA whose address is 221 SOUTH LOCUST STREET,GRAND ISLAND,NEBRASKA 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 catled the
<br /> "property").
<br /> PROPERTY ADDRESS:2716 APACHE RD,GRAND ISLAND,Nebraska 68801
<br /> LEGAL DESCRIPTION:
<br /> LOT TWO (2) IN BLOCK FIVE (5), REPLAT OF RIVERSIDE ACRES, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY,NEBRASKA.
<br /> Located in County,Nebraska.
<br /> TITLE:Borrower 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 /> 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 August 13, 1999
<br /> � Future advances: The above amount is secured even though ail 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 /> O 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 August 16,2008 if not paid earlier.
<br /> The totai unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of$5,397.50, 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 /> 0 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 /> �l���G--,�°` �/ �F�.� C-• `� �' �
<br /> STE IP`�P MCCOWN DENISE C MCCOWN
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS:
<br /> The foregoing instrument was acknowledged before me on August 13, 1999
<br /> By STEPHEN P MCCOWN and DENISE C MCCOWN,HUSBAN AND WIFE
<br /> My commission expires: UC'�• Y 1, �va �; � ff
<br /> �• �C"�4-C'�/(Notary Public)
<br /> I� GENERAI NOTARY•Siate ol NeD��ska
<br /> CHRIS L KASKIE
<br /> My Comm.Exp.Dec.29,2000
<br />
|