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y ` n (� � C� S . � O --1 _ <br /> O <br /> � m b � � � �� z � � <br /> � � rn ���� � � rn � m <br /> ca <br /> � p T GD � <br /> a � Q7 -ri i- H � <br /> r,� �� (`� y,. m O Q' <br /> � �1 � <br /> �Q r„ `''` � � � � t/� <br /> �-� +> r n _,,, <br /> �-� ;. � � <br /> ,. � � � ti <br /> �� p .�.��.. � C <br /> � �� U� � � <br /> � � <br />� 99 109794 � Q <br /> DEED OF TRUST , <br /> PARTIES: This Deed of Trust is made on September 17, ]999 among, the Grantor, BENNETT R MURPHY JR AND JUDITH A MURPHY, � <br /> 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 Q <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 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:2309 E STOLLEY PARK RD,GRAND ISLAND,Nebraska 68801 <br /> LEGAL DESCRIPTION: <br /> LOT FOUR(4), SANDY BEACH SUBDIVISION,HALL COUNTY,NEBRASKA. <br /> Located in 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 (L,ist all instruments and agreements secured by this deed of trust and the dates thereof.): <br /> A PROMISSORY NOTE AND SECURITY AGREEMENT DATED September 17, 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 October 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$18,061.00, 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 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 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 hereof. <br /> SIGNATURES: � signing below, Borrower agree to the terms and convenants contained in this deed of trust,including those on page <br /> 2,and in any rider describecJ-abovesign d by Borrower. <br /> �' � � / - / <br /> � � <br /> BENNETT M RP Y J JU TH A MURPHY ' <br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS: <br /> The foregoing instrument was acknowledged before me on September 17, 1999 <br /> By BENNETT R MURPHY JR and JUDITH A MURPHY,HUSBAND AND WIFE <br /> �� <br /> My commission expires: i CL� G� � � ����:'>�� � - <br /> II� GENERAL NOTARY�SIate of Nebraska <br /> '�'�� < � ��� � Notary Public) <br /> CHRIS l.KASKIE <br /> My Comm.Exp.Dec.29,2000 <br />