|
�m^
<br />�O
<br />M N
<br />nnz
<br />f
<br />-
<br />�
<br />a,
<br />i
<br />M=
<br />N
<br />� C'-
<br />-' p
<br />Vv
<br />o
<br />O
<br />Gam'^_
<br />m
<br />c
<br />a n
<br />O
<br />rV
<br />0"
<br />cn
<br />�
<br />Q
<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is nmde on 08/16/2002 among, the Grantor, KIRK D YOACHIM AND WANDA r YOACHIM, HUSBAND
<br />AND WIFE ( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), ,ad the
<br />Beneficiarv. HOME FFDERAI. SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the C
<br />laws ofNEBRASKA 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: 202 N 2ND ST, DONIPHAN, Nebraska 68832
<br />LEGAL DESCRIPTION:
<br />LOT 8, BLOCK 8, ORIGINA I, 'I OWN OF DONIPHAN, HALL COUNTY, NEBRASKA
<br />Located in County, Nebraska.
<br />TITLE: Borrower conventions 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 convcnants 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 decd 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 />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 08/16/2002
<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 mudc on the dale ofthis deed oftrust 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 oftrust is executed.
<br />The above obligation is due and payable on August 25, 2007 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at my one time shall not exceed a maximum principal amount of $16,055.50, 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 oftrust, with interest on such disbursements.
<br />E] Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms oflhat obligation.
<br />E] A copy of the Iran agreement containing the terms under which the interest rate may vary is attached to this deed oftrust 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 />E] been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and conve7ts continued in thjgd of trust, including those on page
<br />2, and in any riders described above signed by Borrower. .(liJ // //�
<br />1.�: Z aura � u c
<br />KIRK D Y(DACUIM WANDA F YOACH�M
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 08/16/2002
<br />By KIRK D YOACHIM and WANDA F YOACHIM, HUSBAND AND WIFE
<br />My on =MARI S
<br />(Notary Public)
<br />III
<br />
|