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<br /> 99 11086i •
<br /> DEEQ OF TRUST
<br /> PAR'I'IES: 1'his Deed of Trust is made on Sen!e�r�ber 30. 1999 among, the Grantor; ALQFRT'A:GROT�KY_AND , AN liNMARRIED �
<br /> I'GRSON("Borrower"), JOHN H DEARING AND TAMMY D DEARING, HUSBAND AND WIFE �,
<br /> AREND R BnACK, AT'TORNGY, whose residence address is P. O. Box 790, Grand lsland, 1-Iall County, Nebraska ("Trustee"), and the
<br /> Bene{iciary,I-IOMG I�EDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,a corporation organized and exisfing under the
<br /> Ixws ofNEBRASKA whose address is 22] SOU1'H LOCUST STIZEE'i',CRAND ISLAND,NE[3RASKA 68801 ("Lender").
<br /> CONVEYANCE: For value received, Borrower irrevocably grants 1nd conveys to Trustee, in trust, with power of sale, the real property, of
<br /> which Borro�ver is lawfiilly seized, described below and all buildings, fxtures, and existing and future improvements thereon and all rights-of-
<br /> way, easements, reuts, issues, protits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br /> "property„).
<br /> PROPGRTY AUDItESS: 1303 W CHARLGS S'1',GRAND ISLAND,Nebraska �8801
<br /> LECAL UESCRIPTION:
<br /> �IORT'tl GICIITY=i'�VO(82) FEET O� LOT ONC(1), BLOCK TWF:NTY-SEVETJ (27), CHARLES V��ASNIL'R'S ADUI"f70N "iU Tk{l3 CITY
<br /> OF GRAND I5LAND,IIALL COUNTY,NGBRASKA.
<br /> Located in}I�II County,Nebraska.
<br /> Tl7'LE: (3orroHrer convenants and warrants title to the property,except for
<br /> SECURED DF,BT: 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 iu any other document incorporated herein. Secured debt,as used in this deed of trust, includes any amounts
<br /> E3orrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and
<br /> rene�vals tFiereof.
<br /> The secured debt is evidenced by (I,ist a!t instruments and agreements secured by this deed of trust and the dates thereof.):
<br /> � ;� PRi�ivi;SSv:Y iJC:�',�i�i`��ECI!�i i'Y AG7tEEM�N i UA7'ED Septcmber 30, 1999
<br /> � [�uture�dvances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br /> cnntempl;3ted and will be secured to the same extent as if made ou ttie date of this deed of trust is executed.
<br /> ❑ Revolving line of credit agreemeut dated ,with initial annual interest rate of °•o
<br /> All amouots owed under this agreement are secured even though all amoui�ts�nay not yet be advanced. Future advances under
<br /> the agreement are contemplated and will be secured to the same extent as if uiade on the date this deed of trust is executed.
<br /> The��bove oblig�tion is due and payable on October O5,200G if riot paid earlier.
<br /> The tolal unl:�aid balance secured by this deed of trust at any one time shall not exceed a maximtun principal amount oF$30,883.00, plus
<br /> interest, plus any amaunts disbursed under the terms af this deed of trust to protect the security of this deed of trust or to perform any of the
<br /> covenants conlained in lhis deed of trust,with interest on such disbursements.
<br /> ❑ V:�riable Rate:7�he 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 /> ma�e a part hereof.
<br /> RIDLI2S:ASSIGNP.ICNT OF I2EN'CS
<br /> UESICNATION O}�HOMES"I'EAD
<br /> Pursuant to the Farui 1 loniestead Protectiou Act,designation of homestead is� attached to this deed of trust and made a pari hcreof
<br /> ❑ lias been disclaimecl;the disclaiiuer is attached to this deed of trust atid made a part hereot�.
<br /> SIGNA'f'URCS: 13��signin� ,�e1a�v, Sorr �er:�er•c�,� ;he ter�us aud cc�aveuants containe�l ir� this deed of trust, includin�those on page
<br /> 2,and in any 'lers descri d a ve sig d by Borrower. ,
<br /> � �� �
<br /> A . E T A GRUTZKY
<br /> TAMMY D D ' RING
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS:
<br /> The foregoing instrument�vas acknowledged before me on September 30, 1999
<br /> By AL[3ERT A GRO'1'ZKY and,AN UNMARRIED P N, JOHN H DEARING TAMMY D DEARING
<br /> HUSBArID AND WIFE �
<br /> 1�9y commission expires:_�-o��—O� � ,
<br /> � - ;, - �,-z�e .
<br /> l�otary Public)
<br /> �,�,..�=• :�
<br /> 6EpIERA1.NOTARY-State of Nebraska
<br /> II pATSY A KN�COWSKI
<br /> Ib t�oA�a.6�.1�p��•2001
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