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, � <br /> c.o <br /> � � _ � o -� � . <br /> = D Z � � � � � p � <br /> m tn � � m Z rn ` �- <br /> � � N ; � � � � � � � <br /> �"� � o `''� � cs. <br /> � ry„ —•.] -n � F� w <br /> �> (��r a rn en <br /> r�, "� � � ao F�-+ _ <br /> � � � � �,�.. � N C/> <br /> � �"� � � F_a � <br /> � �� � w � <br /> , � U' "'`'- � <br /> � � � �+ <br /> Z <br /> 99 ii2i �2 � <br /> DEED OF TRUST <br /> a <br /> PARTIES: This Deed of Trust is made on December 20, 1999 among, the Grantor, STEPHEN J MORAN AND BARBARA J MORAN, d <br /> HUSBAND AND WIFE("Borrower"), . <br /> AREND R BAACK, AT"TORNEY, 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 ofNEBRASKA whose address is 221 SOUTH LOCUST STREET,GRAND ISLAND,NEBRASKA 68801 ("Lender"). <br /> CONVEYANCE: For value received, Bonower 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:3208 KENNEDY WAY,GRAND ISLAND,Nebraska 68803 <br /> LEGAL DESCRIPTION: <br /> LOT EIGHT(8),COLONIAL ESTATES,FIFTH(STH)SUBDIVISION,HALL COLJNTY,NEBRASKA. <br /> Located in Lincoln County,Nebraska. <br /> TITLE:Borrow�r convenants and wanants title to the property,except for <br /> SECURED DEBT: This deed of trust secures to Lender repayment of the secured�lebt and the performance of the convenants and agre�ments <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 thereo£): <br /> � A PROMISSORY NOTE AND SECURITY AGREEMENT DATED December 20, 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 /> 0 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 January 15,2005 if not paid earlier. <br /> The total unpaid balance secured by this deed of trust at any one time shall not exceed a ma�cimum principal amount of$45,070.50, 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 iQttached 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 convenants contained in this deed of trust,including those on page <br /> 2,and in any riders d cribed above signed by Borrower. <br /> � ,�, . <br /> STEPHE J MORAN A J RAN <br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS: <br /> The foregoing instrument was acknowledged before me on December 20, 1999 <br /> By STEPHEN J MORAN and BARBARA J MORAN,HUSBAND AND WIFE <br /> My commission expires: - � , <br /> Notary Public) <br /> III GENERAL NOTARY-State of Ne raska ��� V <br /> PENNY HOLIAWAY <br /> , i�Cam�p.6rp.Mlap 10,� i�,,�1 .���b�, '� d <br />