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<br />�:;�;; �:�D OF' TRUST � �
<br />� , .' '�hie DE1ED OF TRUST is made as of the 30�h day c�f Sep�ember,
<br /> 1 � 1994 by and among the Truetor, GAFtY E. SIiOVLATI�7 and LINDA D. �, �
<br /> ' SHOVI.AIN, Huebanc3 and Wife, whose mailing addreee for purposea of � _
<br />_,�'_.�. ,. ��l.and NE
<br />-. t " �� this Deed of ^lruet is 2221 Riveroide Drive, Grand
<br /> .�• �� . 68901 (herein, "Truetor", whether one or morel , the Trustoe,
<br /> � A�tENA R. BAACK, Attarney at Law, whose mailing add.rees is P. O. ------ --
<br /> � �� Box 790, Grand Island, 1VE 68802-0790 (herein "Truete�") , and the --
<br /> ���, ' ,� Benef ic iary, HOME FEDERAL SAVING3 AND LOAN ASSOCIAT�CON OF GRAND _
<br /> � . ISLAND, whose mailing addresa ie P. Q. Box 1009, Grand Ysland, NE �.�
<br /> �� . 68902-1009 (herein "Lender") . J_
<br /> FOR VALUABLE CONSIDE�ATION, including Lender's extEneion o� ��.
<br /> credit identified herein to GARY E. SHOVLAIN and LINDA D. �!
<br /> ' SHQVLAIN (herein "Borrower", whether one or more) , and the trusfc ,
<br /> �L_ �.+. ..F �al�inh i�7 hPrebv acknowlec�cTed� t.:,t_ �h�°`_:
<br /> her�in creai�u, ���C �cc2i�,,. .,.. ...._.... -- . __
<br /> � Truator her�by irrevocable grants, tranefers, conveye and aesigns -- � o
<br /> � to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and � �,;�.,�
<br /> . , security of the Lender, umder and subjPCt to the texms and condi-� ;�
<br /> ,� tione hereinafter eet for+th, legally described ae followe: �
<br /> Lot Three (3) , Claussen Brothers Subdiviaion, in the �• ' ;_
<br /> Ca.ty of Grand Island, Fiall County, Nebraska; - ,:
<br /> :� ;�,:,"'
<br /> . Y�.;
<br /> Lots One (1) and Two (2) , Shovlain Subdivision, to tlae ,� �, ,{�
<br /> � � City of Grand Island, Hall Cnunty, Nebraska; ' ,, � � ^
<br /> �i %!�*
<br /> � „��:::. � together with all buildings, improvements, fixtures, streets, f '� ::•�:�'`�;of.�:;,,;rr
<br /> , ,. ' alleys, paesageways, easementa, rights, privileges and appurte- !. .�f����<',:- •',:.�.
<br /> ertaining thereto, znd the �� •� '� ��
<br /> nances located thereon or in anyway p '��•
<br /> renta, iseues and profits, reversions and remainders thereof, and �c'�`..
<br /> uch ereonal roperty that is attached to the improvements so ae j „��:: . ('��`
<br /> s P P
<br /> � to conetitute a fiature, including, but not limited to, heating I � f�=
<br /> and cooling equipment and together with the homestead or marital i
<br /> -. interests, if any, which interests are hereby released and , � .�`
<br /> '� waived, all of which, including replacements and addizion9 �r''' �;
<br /> _ �r. t3�ereto, are hereby declared to be a part of the real estate 1_
<br /> _ , secured by the lien of this Deed of Trust and all of the forego- ;
<br /> �
<br /> - ing being referred to herein as the "Property" . �. .
<br /> ' ; Thi s Deed of Trust s�^�11 Secure (a) the paymen� of the prin- �
<br /> „ -,� cipal sum and interest evidenced by a Promiseory Note dated ,
<br /> . , September 30, 1994, having a maturity date of October 1, 2009, in
<br />-- " the original �rincipal an�ount of Two Hundred Fifty Thousand and
<br /> k No/100 Dollars ($250, 000 .00) , and any and a11 modifications,
<br /> _ �: . � extensions and renewals thereof or thereto and any and all future �
<br /> advances and re-advances to Borrower (or any of them if more than r
<br /> �- � one) hereunder pursuant to one or more promiasory notes ar credit , ' .
<br /> - �� _ � agreements (herein called "Note") ; (b) the payment of other surns
<br /> ° �e _'_ __ , __ ___........ �wo oo�,�r;rv of the Note; (c) the '
<br /> acivaneed ny LeTlclei ��., N�..,,.�.... .- -----=-- - --
<br /> - �� � performance of all covenante andvagreemen.ts of Trustor set forth ,
<br /> " herein; and (d) all pres�nt and future indebtedness and obliga-
<br /> �• tions of Borrower (or any of them if more tha*i one) ta Lender
<br /> :- � � whether direc.t, indirect , a��olute or conting�nt and cvhether
<br /> �, arieing by note, guaranty, overdraft or oth�rwise. The Note,
<br /> this ISeed of Trust and any and all othex� documents that secure
<br /> : � the Note or ntherwise executed in connection therearrith, including
<br /> ' without limitation guarantees, s�curity agreements and assign-
<br /> " ments o€ leases and rents, shall be referred to herein as the
<br /> ti ,
<br /> ' � "Loan Instruments" .
<br /> , . I �
<br /> r� . � I --
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