|
rn = y
<br /> '+'� m tn
<br /> � �
<br /> � f1 n ;'/,. � _ �=� c� cn o r.,�
<br /> ' rn D, � � � c n � r",-�i„
<br /> 7�c � :�� ;ai� ::� —��1 m C,p �
<br /> � {T� �' � p � �
<br /> '���.,,„„ N p "�7 �
<br /> C> _� --�7 -r� Z ►-� y
<br /> � �� ;,
<br /> c-_, � � O �
<br /> :"�y D c/�
<br /> r�, t;� � r � �p ='+"
<br /> � �, ��� r n �
<br /> �,' �___. cn cn �
<br /> �;, f� x �
<br /> ['� v
<br /> . c,.� ....`. ° .�+
<br /> cn cn -� Z
<br /> u� Q
<br /> DEED OF TRUST
<br /> 99 10950'7
<br /> PARTIES: This Deed of Trust is made on August O5, 1999 among, the Grantor, DENNIS J JOHN�ON AND DONNA J JOHNSON, �
<br /> HUSBAND("Borrower"), AND WIFE� � �
<br /> �;REND 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:4021 SCHEEL RD,GRAND ISLAND,Nebraska 68801
<br /> LEGAL DESCRIPTION:
<br /> LOT THIRTEEN (13) IN THE WASHINGTON TOWNSHIP IN SCHEEL'S SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br /> 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 thereof.):
<br /> � A PROMISSORY NOTE AND SECURITY AGREEMENT DATED August O5, 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 July 29,2004 if not paid earlier.
<br /> The total unpaid balance secured by this deed of trust at any one time shall not exceed a m�imum principal amount of$17,005.50, plus
<br /> interest, plus any amounts disbursed under the terms �f 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 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 rid described above signed by Borrower.
<br /> �"'— a�rvx.�t� r�ov✓
<br /> DENNIS J J • DONNA O SON
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS:
<br /> The foregoing instrument was acknowledged before me on August O5, 1999
<br /> By DENNIS J JOHNSON and DONNA J JOHNSON,HUSBAND --
<br /> I' 6ENERAL NOTARY�ate ot Nebraska
<br /> M commission ex ires: � �'
<br /> pENNY HOLIAWAY
<br /> Y P � �
<br /> � Caara 6�.Mry 0.
<br /> � otary Publ�c)
<br /> � . .r `I!"�1► /���
<br />
|