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<br /> DEED OF TRUST
<br /> c�
<br /> PARTIES: This Deed of Trust is made on September 10, 1999 among, the Grantor, KIRK D SHUCK AND JULIE D SHUCK, HUSBAND �
<br /> ("Borrower"), and WIFE �
<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,NEBRASKA 68801 ("Lender"). �_
<br /> CONVEYANCE: For value received, Borrower inevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of a
<br /> w h i c h B o r r ow e r i s l aw f u l ly s eiz e d, descri be d be low an d a l l bui l dings, f ix t ures, an d exis ting an d f u ture improvemen ts thereon an d a l l rig h ts-o f-
<br /> way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the �_
<br /> "property„)
<br /> PROPERTY ADDRESS:4040 DRIFTWOOD DR,GRAND ISLAND,Nebraska 68803
<br /> LEGAL DESCRIPTION:
<br /> LOT SEVEN(7),WESTWOOD PARK SUBDIVISION,IN THE CITY OF GRAND ISLAND,HALL COUNTY,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 /> 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 September 10, 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 September 30,2004 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$27,712.89, 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 iQittached to this deed of trust and made a part hereof has
<br /> � been disclaimed;the disclaimer is attached to this deed of trust and made a part hereo£
<br /> SIGNATURES: By signing below,Borrower agree to t6e terms and convenants contained in this deed of trust,including those on page
<br /> 2,and in any riders described above si ned by Borrower.
<br /> � �
<br /> KIRK D SH K JULIE SHUCK
<br /> III GEfu[ii;,�.:�'' c, �, •,; �r�ska
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS: `
<br /> The foregoing instrument was acknowledged before me on September 10, 1999 �Y���� - - �,�003
<br /> By KIRK D SHUCK and JULIE D SHUCK,HUSBAND �
<br /> My commission expires: l�'��C.�-3 / ,
<br /> Notary Public)
<br /> aB16RAL NOTARY-St�l ei N�b�k�
<br /> USl1 R MAYEA
<br /> �r c�nm.e,�.wr�a� �
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