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<br /> DEED OF TRUST �� 1110 41
<br /> �
<br /> �
<br /> PARTIES: This Deed of Trust is made on November 09, 1999 among, the Grantor, FRANCIS J MACIEJEWSKI AND GLADYS G�
<br /> MACIEJEWSKI,HUSBAND AND WIFE("Borrower"), :
<br /> AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Haii 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 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:2023 W 11TH AVE,GRAND ISLAND,Nebraska 68803
<br /> LEGAL DESCRIPTION:
<br /> LOT SIX (6) AND THE WESTERLY TWENTY THREE (23) FEET OF LOT FIVE (5), BLOCK NINE (9) IN BOGGS AND HILL'S
<br /> ADDITION TO THE CITY OF GRAND ISLAND,HALL COUNTY,NEBRASKA.
<br /> Located in Hall 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 thereo£
<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 November 09, 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 /> Ail 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 November 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$15,061.00, 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 hereo£ :
<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: By signing below,Borrower agree to the terms and convenants contained in this deed of trust,including those on page :
<br /> 2,and in an riders described ab ve signed by Borrower. ,
<br /> -(u'wTh G� ^ � , -. ,
<br /> FRANCIS MACIE�EWS GLADYS A IEJEWSKI
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS:
<br /> The foregoing instrument was acknowledged before me on November 09, 1999
<br /> By FRANCIS J MACIEJEWSKI and GLADYS MACIEJEWSKI,HUSBAND AND WIFE
<br /> /� ,� �
<br /> My commission expires� dOv2 �/�
<br /> C-�'��?,/ ���ti� Notary Public)
<br /> GENERAL NOTARY State of Nebraska
<br /> �� CHERYL L,KOSMICKI
<br /> My Comm.Exp,March 5,2002
<br /> �_
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