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<br /> DEED OF TRUST 9 9 �0 9 2 5 6
<br /> .._._.
<br /> PARTIES:This lleed of Tnist is made on July 14, 1999 among,the Gia.ntor,MICHELLE K HAUBOLD A2VD, ("Ifoi� l , °
<br /> AREND R BAACK, ATI'ORNEl', tithose residence address is P. O. Box 790, Giand Islarid, Hall C_ounty, Nebraska ("Tntstee"j, and the C�
<br /> Beneficiary,HOME FEDERAL SAVINGS AND LUAN aSS(�(.;If1TION UF GRAND ISLAND,a cotporation organized and existing mider the
<br /> laws afNEBRASKA whose address is�21 SOLJ'I'H LOCUST STREET,GRAND ISLAND,NEBRASIt.�68801 ("Lerlder"j.
<br /> CONVEYANCE: For value received, Borrower inevocably grants and conveys to Trustee, in trust, with power of sale, the real property, af
<br /> which Bonower is law£ully seized,described below and all buildings, fixtures, and e�sting and future improvements thereon and all nghts-of-
<br /> way, easements,rents,issues,profits,income,tenements,hereditaments, privileges and any appurtenances thereunto belonging (a11 called the
<br /> `�roperty'�.
<br /> PROPERTY ADDRESS: 615 SOUTH LINCOLN AVENUE,GRAND ISLAND,Nebraska 68801
<br /> LEGAL DESCRIPTION:
<br /> THE SUUTHERL�'FIFTY SIX FEET(56')OF THE NORTHERLY SIXTY FOUR(64) FEET OF THE WESTERLY ONE FOURTH (W 1/4)
<br /> OF THE 50t1THERLY ONE HALF (Sll2) OF BLOCK NINE (9), IN WINDOLPH'S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HaLL COL.rNT�',NEBRASKr'1,EXCEPTING A CERTAIN TRt1GT THEREFROM AS RECORDED IN QUIT CLAIM DEED IN BOOK 120,
<br /> PAGE?S 1
<br /> Located in Hall Cotmty,Nebraska.
<br /> TITLE: Boirower convenants and watrants 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 canvenants and agreements I
<br /> contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed of firust,includes any amounts
<br /> Boiroti��er oi��es to Lender under this deed of tnist or under an�r instrument secured by t}ris deed of trust, and all mo�ificalions, extensions and �
<br /> renew-��ls there��f.
<br /> The secureci debt is evidenced by (List all instruments and agreements secured by this deed of h-ust and the dates thereof.j:
<br /> � A PRC�MISSORY NOTE AND SECURITY AGREEMENT DATED July 14, 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 tcust is executed.
<br /> ❑ Revolving line of credit agreement clated ,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 hust is executed. !
<br /> i
<br /> The above obligation is due and payable on Ju1y 25,2004 if not paid earlier. �i
<br /> The t���il unpaid balance secured hy this deed of trust at any one tune shall not exceed a maximum principal amount of$14,600.00, plus I
<br /> interest, glus any amounts disbtused 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 contauied in this deed of trust,u�ith interest on such disbtusements.
<br /> ❑ V ariable Rate:The interest rate on the obligafiion secured by this deed of trust may vary according to the terms c�f 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 I
<br /> DESIGNATION OF H014IESTEAD
<br /> Pursuant to the F�-m Homestead Protection Act, designation of homestead i�ttached to this deed of ta-ust and made a part hereof has
<br /> � been disclauned;the disclaimer is attached to this deed of irust 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._l,l���id� ��' I�(l'�.C�f�
<br /> MICHELLE K HAUBOLD
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNT�'SS:
<br /> The foregoing instrument was acknowledged before me on Ju1y 14, 1999
<br /> By MICHELLE K HAUBOLD and,
<br /> My commission xp' ���NOTARY St�tO of Nebt�sk� 0��.
<br /> __ My Comm.EJIQ.��1.�9 � (Nntarv Pnhlicl
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