|
n c.�.�� o —�i �
<br /> � �
<br /> � � �
<br /> � D z � ��? ��- ;`—� --�< p � c�o
<br /> t'�� T ,Vr�, `�'`��` �—' o 'T� � c—'c
<br /> � � ,• -� -n ? F,_.. a.
<br /> i.,;�� _r� y,.�, � O t�/�
<br /> t' �
<br /> r �
<br /> —_; r— �. � N
<br /> l,� _ � � � �
<br /> � � . �' � �
<br /> r. .�� �
<br /> ,-�.> cn � �r
<br /> � �
<br /> O
<br /> 99 109998
<br /> DEED OF TRUST
<br /> 0
<br /> PARTIES: This Deed of Trust is made on October 07, 1999 among,the Grantor,RICHARD D RAILE AND DENISE M RAILE, HUSBAND �`
<br /> 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
<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 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:4234 NORSEMAN AVE,GRAND ISLAND,Nebraska 68803
<br /> LEGAL DESCRIPTION:
<br /> LOT TWENTY ONE(21)LE HEIGHTS FOURTH SUBDNISION,HALL COUNTY,NEBRASKA
<br /> Located in Hall County,Nebraska.
<br /> TITLE:Bonower 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 October 07, 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 aze 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 25,2004 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$16,770.50, 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 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 /> SIGNATU S: sig ' g below, r wer agree to the terms and convenants contained in this deed of trust,including those on page
<br /> 2,and in rs de r' e;�-@bov�si ed Borrower.
<br /> VJ � c � .
<br /> RICHARD RAILE DENIS RAI E
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS:
<br /> The foregoing instrument was acknowledged before me on October 07, 1999
<br /> By RICHARD D RAILE and DENISE M RAILE,HUSBAND AND WIFE
<br /> My commission expires: �
<br /> �III GENERAI NOIARY�SIate of Nebraska otary Public)
<br /> DEBORAH l.KIMBLE
<br /> My Comm.Exp.Nov.23,1999
<br />
|