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<br /> , � DEEO�f T6iUST � � � tn 5'
<br /> -� � t?ttARY 26� i 997 _.among the Grantor. *�*vra n oss�acum.�re a,. . �-
<br /> � rPARTIES:This Deed of Trusc is mada on 1� �•Boacwe►'l. � . - _
<br /> Coun .Nebraska('Trustee'1,and the Benefldary. ` , . -
<br /> whose residence address is ao Roz� � ' '' a F��� - �
<br /> ,a corporation organized . ,
<br /> ' and e�osUng under tha laws of nntARASRP, whose address is ��� SnrrrH .t1 eT a'►'R�r, ; • : __
<br /> ('Lender'1. ,
<br /> CplJyE1fp11tCE:For value received,Borrower ircevocably g�aMS and conveys to Trusces,in trust,with power of sate,ths real property.of which �:-�-
<br /> Bortower is lawfuly seized, described below and ali buitdings,fixriues. and a�tis6ng and firiure improvements Uiereon and atl rights-of-way. . � ��_
<br /> " easements, rents, issues, Drofits• i�come, tsnemerts, hereditaments, priviteges and any appurtenances thereunto betonging lalt ca�ted the , . •,; ��„ ,c�-
<br /> •propertY'1. . -r�� 4
<br /> ......w. r�r wran ,N8bf3Sk8 GGi1A7 �' � '4
<br /> ' ' PROPERTY ADDRESS: �6�7 W T TbfAD n�m . ��8� . ,
<br /> - 15veeU lGM . ` !� '� :-.��y�
<br /> ��e� OESCRlPT10N: � '" Y ;_:.-
<br /> IAT TSN (10) . IN BLOCR TWO (2) . IN 4ISST BSL AIR ADDITION TO THE CITY _
<br /> . OF GRAND ISI�ND, HALL COIINTY, NEBRI�ISKA. . :, i"''9`.--
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<br /> tocated fn f AAT��A TST AtJI]� 17nLT. COUI1ty,Nabraska. • �+ �; ;
<br /> : � �. ,.
<br /> TiTLE Bortower cove�aMS and warrants tiUe to the property,except tor ,i .
<br /> �. • ' .�:.- r�;- ` --
<br /> 1
<br /> ggCUREp pEBT:Thts daed of�ust secures to Lendar repaymsnt of the secured debt and the performance of the covana�ts flnd agreoments �� ` _
<br /> conta(ned in this deed of uust and in any other documant inearporated harein.Secured debt,as used in this deed of uust,inctudes any amoums i ���^t .�:-
<br /> Barower owes to Lender under this deed of Vust or uoder any insuumem secured by this deed of trust,und all modiflcations,extensions and � :,�� .
<br /> � • renewats thateof. � - w ,.•• ,:,
<br /> 7he secured debt is evidenced by(Ust atl instruments and agreements secured by thfs dead of vust and the dates thereof.): �a w���° �
<br /> �G �,x�, ��..�. . _.._.
<br /> • �Future Adv�nc�s: The above amourt is sacured even though ail ar part of it may not yet be advaneed. Wtura advances are � ..":v�
<br /> contemplated and will be secured to tha same extent as if made on tha date this deed of trust is exoau:ed. -�,--� • �.
<br /> � �. ❑ Revoiving line o}credk agreement dated ,with initial annual lnterest rate o! °�• =
<br /> h�e agree eM ere eontemaf ted and wi�be secureddto the same�extent euif m ae on°u,9 aa�e m°s a d of trust is�ecutedunder •.':: � _.._
<br /> �'-�'�`r_
<br /> it not paid eaAier. '��'��
<br /> The ebove obflgaUon ie due and payabie on ���r°'='"�;�+;.;---:-
<br /> The total unpaid balanca secured by thts deod ot trust at eny one time shall noi exceed e maximum pdncipal amount of Q�� —
<br /> D0118(81$21�c�n_g6 —1,vtus interest. ..rti,�; -
<br /> ..,. •...
<br /> pius any amounte dis6ursed under the terms of this deed of tnsst to protect the security of tJ:is deed of trust or to peAorm eny of the : �•���.�, _ .
<br /> .. covenante wntained in this deed of trust,with irr,erest on such dssbursementa. ¢_ • , .,��„
<br /> ❑V�r(abf�Rat�:The interest rate on the oblig�ti�n sacured by this deed of uust may vary according to the terms of that obligoUon. _. `
<br /> ❑A coDY of ine loan agreement containing the terms under which the interest rate may vary ia attachad to this deed of trust end .
<br /> made a part hereof. � •'� �
<br /> RIDERS: ❑Commercial r�s a�_'^" ^° nmmrc ❑ �.,ra,�.- _
<br /> DESIQNATION OP HOMESTEAO � . � -
<br /> Pursuant to the Farm Homestead ProtecUon Act,desipnation of homestead ❑ Fa attached to this deed ot trust and made a part hereof . �.-
<br /> ' ❑ has been disclaime�:the disetaimer is atteched to this deed of trust and made a part hereof. ' :
<br /> SI4NATURES:BY NpNny bdew•Etorro�r+r a��s to ths tertna and covsn�rtb eor�udned In dila deed o4 wst,inetuding thoss on pags 2,es�d in •. . `-
<br /> � �rty�id�rs dacr3b�d�bow sigs�sd�y Borrowu. �Q , o� /� - -
<br /> r�� � /f ' � � / �n � _ o!/ .
<br /> �/�!/P�A���`c!��t c�'�41 v vw�:%�v/y � ..-._
<br /> MELVIN D OBERSCHULTS LORRAINB A OBSRSCHULTB �'
<br /> . . . . �....
<br /> :' Counry ss: .
<br /> ACKNOWLEDOMEHT:STATE OF NEBRASKA, c'RAt1n ZaLAtJn�uar t �,g Rv �qo7 — �
<br /> The foregoing instrumont v+as acknowlodged betore mo on this ��� day o4�RVA � --
<br /> �:
<br /> by tr:teau . .
<br /> Marne o1 Corporatlon a�trtnerat�ipl ��
<br /> � torpatte a _
<br /> �"�"^� �� ' on behalf of tho corporation or partnership. • ,
<br />- ACRnaMUCpmmt a /'► - � . �
<br /> . My commission expires: /� �` _ / � , _
<br /> tsoa�� ( ��AS�.w.�� truorarv vue'�a
<br /> � r vncR7R -_.- . --.----_ r '—____._. , .
<br /> This instrument was propared by _ �� • �,:.:.`
<br /> APPL# 00029524 �age to)1�.,N����E=dQ -
<br /> 9198B��IKEPS SYSTEMS.INC.ST LLOUD.MN 56701 It�800�397 T341�FORM OCP�MT6-NE 8/1991 ` f�
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