|
�.
<br /> ca � c� --t
<br /> � � � �"1 l� � c� z .�.� G�
<br /> _ ` zr 2 D � �� ,,,i f+7 �p �"1
<br /> � � N m � � "� O .�-a i
<br /> � _ �' CE � �'�`=°�� �"' O -� � -CD, l,
<br /> f� n 2 cr'' c ti rv -n z �.-a cp
<br /> � � � o.
<br /> � ''j h�' � � � Q N
<br /> � � R� �i I'- .0 C� w
<br /> ,a K � r v�
<br /> � � �7 Y . ��� � � �
<br /> � � � A W
<br /> � � v�.✓ �,
<br /> � � � t_a
<br /> � � �
<br /> 99 109931 Z
<br /> a
<br /> DEED OF TRUST
<br /> PARTIES: This Deed of Trust is made on September 10, 1999 among, the Grantor, DARWIN L DAILY AND VERONICA DAILY, `
<br /> ("Borrower"), c�
<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 inevocably 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 exis±ing and future improvements thereon and all rights-af-
<br /> way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br /> "property").
<br /> PROPERTY ADDRESS:2531 DEL MONTE AVE,GRAND ISLAND,Nebraska 68801
<br /> LEGAL DESCRIPTION:
<br /> PART OF THE EAST ONE HALF OF THE SOUTHEAST QUARTER (E1/2SE1/2) OF SECTION TWENTY (20) IN TOWNSHIP ELEVEN (11)
<br /> NORTH,RANGE NINE(9) WEST OF THE SIXTH P.M., MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT
<br /> ON THE SOUTHLY LINE OF DEL MONTE AVENUE,WHICH POINT IS 352 FEET SOUTHWESTERLY FROM LOT ONE(1),BLOCK FIVE(5),
<br /> BEL-AIR ADDITION TO THE CITY OF GRAND ISLAND,NEBRASKA, THENCE RUNNING SOUTHESTERLY ALONG AND UPON A LINE
<br /> PARALLEL WITH THE SOUTHWESTERLY LOT LINE OF SAID LOT ONE (1)AND 352 FEET DISTANT THEREFROM, FOR A DISTANCE
<br /> OF 126 FEET,THENCE RLJNNING SOUTHWESTERLY ON A LINE PARALLEL WITH THE SOUTHLY LINE OF DEL MONTE AVENUE FOR
<br /> A DISTANCE OF 70 FEET,THENCE RLJNNING NORTHWESTERLY ON A LINE PARALLEL WITH THE SOUTHWESTERLY LOT LINE OF
<br /> SAID LOT ONE(1)BLOCK FIVE(5)BEL-AIR ADDITION AND 422 FEET DISTANT THEREFROM,FOR A DISTANCE OF 126 FEET TO THE
<br /> SOUTHLY LINE OF DEL MONTE AVENUE, THENCE RUNNING NORTHWESTERLY ON AND UPON THE SOUTHERLY LINE OF DEL
<br /> MONTE AVENUE FOR A DISTANCE OF 70 FEET OT THE POINT OF BEGINNING.
<br /> Located in Hall County,Nebraska.
<br /> TITLE:Borrower convenants and warrants title to the property,except for
<br /> SECURED DEBT: This r�eed 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 /> Bonower 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 :hereof.):
<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 December 15, 1999 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$85,500.00, 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 perfortn 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 iQ�ttached 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 convenant�s contained in this trust,inc ding those on page
<br /> 2,and in any riders de cribed above signed by Borrower. !'
<br /> J �`
<br /> /� 1 � �
<br /> "� .,' �; � � i r
<br /> / .�� !��+/ � /
<br /> DARWIN L DAILY VE E��k D`
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS:
<br /> The foregoing instrument was acknowledged before me on September 10, 1999
<br /> By DARWIN L DAILY and VERONICA DAILY, _
<br /> My comm. . . , \ ' '
<br /> GENERAL NOTARY-State ot Nebraska � otary Public)
<br /> II OEBORAH L KIMHt E 1
<br />
|