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i <br /> � = r� . <br /> D � � N <br /> n rti �, n � :a o -� ° <br /> x ' k i � �l �,_-, � � o -rt <br /> f� � ::' � �'^ � rn cp .�-r <br /> . �� m��� � � Q ' c�D <br /> c' N a -n Cp �p <br /> � r � � � Z F-� W <br /> �� _-:+ � a omo ►-+ t� <br /> f�� p � r :�J N � <br /> s; ?� r a � <br /> N ° ,�"' °� cn r„ <br /> � �� � �c <br /> �� a s 3 <br /> � ---�- c� <br /> --J cn f-' � <br /> � Z <br /> O• <br /> . <br /> DEED OF TRUST 9 9 112 2 41 <br /> PARTIES: This Deed of Trust is made on December 17, 1999 among,the Grantor,DORMOND E METCALF AND BONNIE J METCALF , Q � <br /> HUSBAND AND WIFE("Borrower"), � <br /> AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the a, <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:2911 W 4TH ST,GRAND ISLAND,Nebraska 68803 <br /> LEGAL DESCRIPTION: <br /> LOT EIGHT(8),KALLOS SUBDIVISION,IN THE CITY OF GRAND ISLAND,HALL COUNTY,NEBRASKA. <br /> Located in 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 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 December 17, 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 20,2004 if not paid earlier. <br /> The total unpaid balance secured by this deed of trust at any one time shall not exceed a maacimum principal amount of$10,085.24, 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 I <br /> Pursuant to the Farm Homestead Protection Act,designation of homestead iQittached 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 described above signed by Borrower. <br /> � �.. <br /> _ � -� �� <br /> ;� <br /> BONNIE J MET LF DORMOND E METCALF ' <br /> ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS: <br /> The foregoing instrument was acknowledged before me on December 17, 1999 <br /> By DORMOND E METCALF AND BONNIE J METCALF,HUS AND AND WIFE <br /> My commission expires: �C-'G� Z�'( � �C�� <br /> ,� GENERAL NOTARY•State of NebrasYa <br /> ��t'� �, ��-� (Notary Public) <br /> CHRIS L.KASKIE <br /> My Comm.Exp.Dec.29,2000 F� <br />