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<br /> DEED�O�TRUST ��+ 10 9?i1 J� . �
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<br /> PARTIES: 'I'his Ueed of Trust is made on July 31, 1999 among, the Grantor, ROCKY W RUSH AND SANDY L RUSH, HUSBAND AND Ga
<br /> 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 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 E�orrower is lawfi�lly 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 ADDRGSS:515 W 9TH ST,GRAND ISLAND,Nebraska 68801 �
<br /> LEGAL DF.SCRIPTION:
<br /> TFIC [;ASTrRLY TWENTY-TWO(22) FEET OF LOT THREE(3)AND THE WESTERLY TWENTY-TWO (22) FEET OF LO'f TWO(2),
<br /> ALL 1N BLOCK EIGHT 8 W H.G.CLARK'S ADDITION TO THE CITY OF GRAND I
<br /> ( ), SLAND,HALL COUNTY,NEBRASKA.
<br /> Located in Hall County,Nebraska.
<br /> 77TLE: [3orrower 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 therec�f.
<br /> 1'he 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 July 31, 1999
<br /> � Tuture 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 August O5,2004 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$10,271.64, plus
<br /> interest, plus any a�liounts 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 oUligation secured by this deed of trust may vary according to the terms of that obligation.
<br /> U 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 OP RENTS
<br /> DESIGNA'I'ION OF HOMESTEAD '
<br /> Pwsuaut 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 lrust and made a part hereof.
<br /> SIGNATURES: By signing below,Borrower agree to the terms and convenants coutained in this deed of trust,including those on page
<br /> 2,and in any riders described above signed by Borrower.
<br /> c,C�` '� y4�
<br /> ROC Y�V H SANDY L R
<br /> ACKNOVVLEllGMEN'I': STAT'E OF NEBRASKA,HALL COU �,
<br /> The foregoing instrument was acknowledged before m on July 31, 19
<br /> By ROCKY W RUSH and SANDY L RUSH,HUS ND AND WIFE
<br /> My commission expires: 7-��-I/�„� / ��
<br />� �-�%'�' ��sa"�"� Notary Public)
<br /> � 6�YERAL NOTARy.�te of Nebrask�
<br />� PATSY A KAf.KOWSKI
<br /> My Canm.b�,NMU 24,2009
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<br />� _� _.__._ _-_,�.LL.�..�
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