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<br /> DEED OF TRUST " � � � �
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<br /> PARTIES:This Deed of Trust is made on NLnRCH 1i, i 998 , among the Grantor, Ra�dLPx � � �
<br /> _ L
<br /> SCDAR�R[1i7(_H_ A STNC:T.R AF.RSf1N
<br /> 1"3orrower")'
<br /> ARF.NI� R BAnC!K� ATTpRNF!Y
<br /> whose residence address is po Box �ao, Qrand Tgl and� up�� County, Nebraska ("Trustee"►, and the Beneficiary, �"�QQQ��,�
<br /> H�ME FED .Rnr. RAVTNC"S & � N ASRCIC'TnTTf)N , a corporation organized `�'
<br /> and existing under the laws of �nRnGxn whose address is 2 .i a�irru r.c�c�ita GT F. .�r� C
<br /> �Rnrrn TGr.nrm �gRaaxn 6880 -i o09 ("Lender"►.
<br /> CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale,the real property, of which
<br /> Borrower is lawfuly seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights-of-way,
<br /> easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br /> "property"1.
<br /> PROPERTY ADDRESS: 923 s � .nu , rRnrm r�r.nrm , Nebraska �a8oi
<br /> LEQAL DESCRIPTION: �S�f°°�� ���tv1 lzip codel
<br /> LOT TWELVE (12) , BLOCK THREE (3) , IN BETTER HOMES SUBDIVISION, IN THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBR.ASKA.
<br /> located in HnT,i. County, Nebraska.
<br /> TITLE:Borrower covenants 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 covenants and agreements
<br /> contained in this deed of uust 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 secunred debt is evidenced by(List all instruments and agreements secured by this deed of trust and the dates thereof.l:
<br /> pp[�PR�MISSORY N�T ANT1 QF('1TRTTY ACRFFMF'N'*' DAT D h`�R(' • �'1 � l 9q$
<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 e�ctent as if made on the date this deed of trust is executed.
<br /> ❑ Revolving line of credit agreement dated , with initial annual interest rate of yf� ,
<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 secu►ed to the same extent es if made on the date this deed of trust is executed.
<br /> The above obligation is due and payable on wtnuCN 7�� �pA� if not paid eariier.
<br /> The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of
<br /> FrvF �ruorTSnr,m nr,n N�/io� Dollars (S 5,�00_00 1, plus interest,
<br /> 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 /> ❑ Veriable Rete:The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligetion.
<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: ❑ Commercial � AcGTrNnnFrrr nr RF.�TS ❑
<br /> DESIONATION OF HOMESTEAD
<br /> Purauant 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 /> SI(iNAT ES: B aig b , o o sr agre o ths t s and covsnants contained in this deed of trust, including thosa on page 2, and in
<br /> y rids des ve d by Bo wer.
<br /> RANDOLPH SCARBOROUGH
<br /> ACKNOWLEDQMENT:STATE OF NEBRASKA,_ NAr.�. County ss:
<br /> The foregoing instrument was acknowledged before me on this '1�TH day of MnRC`H� '1 99R
<br /> b�/ RLNIIOT.AH r R(�nAAORAL7(�H L STN[:T.R AF.RCON
<br /> Cwporate a ITitlelall
<br /> Partnsrshfp Of
<br /> (Name o(Capontlon cr partnerah�p)
<br /> neww�.a�«n a IA Comm.Ea Dec.29 200Q
<br /> on behalf of the corporation or partnership.
<br /> My commission expires:
<br /> ISea11 _ v� � /�-l'� (Notary Public)
<br /> This instrument was prepared by cRruTS r. xncxTg
<br /> 01988��IKERSSYSTEMS.INC..ST.CLOUe_MNlca�m��_nnn_�nze�.,��..s.........._....__.____ . ..���_ �__ _
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