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<br />+ DEED OF TRUST 9 9 10 913 6 �,,.
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<br /> PARTIES: This Deed of Trust is made on September 09, 1999 among, the Grantor, KHAMLAY KHANTHAVIXAY AND KAISONE °�
<br /> KHANTHAVIXAY, HUSBAND AND WIFE(`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 ofNEBRASKA 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 called the
<br /> "property„)
<br /> PROPERTY ADDRESS: 916 EAST SUNSET AVE. ,GRAND ISLAND,Nebraska 68801
<br /> LEGAL DESCRIPTION:
<br /> THE WESTERLY SIXTY TWO (62) FEET OF LOT TEN (10) AND THE EASTERLY TWENTY FOUR (24) FEET OF LOT NINE (9),
<br /> BLOCK ONE(1), PLEASANT VIEW SEVENTH SUBDIVSION,IN THE CITY OF GRAND ISLAND,HALL COUNTY,NEBRASKA
<br /> Located in Hall 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 thereo£):
<br /> � A PROMISSORY NOTE AND SECURITY AGREEMENT DATED September 09, 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 />!
<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 October Ol,2003 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$30,081.00, 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 trast and :
<br /> made a part hereo£ :
<br /> I
<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 hereo£
<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 y i ers descri ��o��gned by Borrower.
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<br /> ,���r��� ��2�jl,�. ��v_,�
<br /> HAML - HANTHAV[ A KAISONE KHANTHAVI
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<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br /> The foregoing instrument was acknowledged before me on�eptember 09, 1999
<br /> By KHAMLAY KHANTHAVIXAY and KAISONE KH�ANTHAVIXPIY,HUSBAND AD1D WJ,F'E
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