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<br /> 99- ���858z
<br /> DEED OF TRUST //
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<br /> P:iI�'Tir,�: This Deed of Trust is made on July 24, 1999 arnong the Grantor, DAVID A REEDER AND JENNIFER A REEDER,
<br /> ("[3vrrower"), FKA JENNIFER A WOLLES, HUSBAND AND WIFE
<br /> ARGND R BAACK, ATTORNEY, whose residence address is P. O. Box 79Q Grand Island, Hall (:ounty, Nebraska ("Trustee"), and the
<br /> Beneficiary,HOM�FEDERAL SAVINGS AND LOAN ASSOCIAT[ON OF GRAND ISLAND,a corporation organized and existing under the
<br /> laws 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 [3orrower is lawfully seized, described below and all buildings, �xtures, 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:308 E l2TH ST,WOOD RIVER,Nebraska 68883
<br /> LECAL DESCRIPTION:
<br /> LOTS N1NE (9) AND TEN (10), IN BLOCK T'WO (2), FIRST ADDITION TO THE VILLAGE OF WOOD RIVER, HALL COUNTY,
<br /> NEBRASKA.
<br /> Located in County,Nebraska.
<br /> TITLE:Borrower convenants and warrants title to the properiy,except for___
<br /> SECLJRED 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 a�ry other document incorporated herein. Secured debt, as used in this deed of trust, includes any amounts
<br /> Borrower o�ves 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 /> �''3e s��u�ed d.,bt is ev:�e7ced by (List aii instrwnents anci agreements secured by tnis deed of trust and the dates thereof.j:
<br /> � A PROMISSORY NO'I'E AND SECURITY AGREEMENT DATEU July 24, 1999
<br /> � Future adva��ces: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br /> contemplated and wi(I be secured to the same extent as if made on the date of this deed of trust is executed.
<br /> ❑ Revolvi►ig line of credit agreement dated_ _ _ ,with initial annuai 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 inade on the date this deed of trust is executed.
<br /> The above obligation is due and payable on August 10,2004 if not paid earlier.
<br /> Tl�e total w�paid balvice secured by this deed of trust at any one time shall not exceed a maximurn principal amount of$5,026.00, 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 Ra1e:'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 tenns 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 /> ��c:s.�ant to ihe�'arm `r�omestead Yrotec;ion f�ct,designation oi homesteaci is� atTached to this deed of tnist and made a part iiereof
<br /> ❑ has been discJaimed;the disclaimer is attached to this deed of trust and made a part hereof.
<br /> SIGNATU �S: By si ning below, orrower agree to the te��ns and convenants contained in this deed of trust,including those on page
<br /> 2,and in a y��iders de ribed lbov igned y f3orrower. �-�, �
<br /> � � /� � I
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<br /> llAVID A ,ED R R EDER
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<br /> F J L S
<br /> ACI{NOWLEDGMENT: ST'ATE OF NEBRASKA,HALL COUN'IY SS:
<br /> 'Che foregoing instrument was acknowledged before me on Ju , 99
<br /> By DAV1D A REEDER and JENNIFER A REEDER, �7
<br /> �` � -
<br /> 1�1y commission expires: � ��� � C.���. .� �
<br /> � � �c � ,' ���� Notary Public)
<br /> ff�ERAI NOTARY-St�e Of Nebrdgka `�� �
<br /> MTSr A KALKOWSlO
<br /> rl►�^rp.�•k�M P��2009
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