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<br /> DEED OF TRUST , � � �i �� �
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<br /> PARTIES:This Deed of Trust is made on MARCH 23, 1998 , among the Grantor, TERRY L FficTER A*in
<br /> KRiST2NR K FEQTRR� Hi7RAA1JD ATIi) WIFE (�BO«OWBf°�,
<br /> AREND R BAACK, ATTnRNFFY -�-��
<br /> whose residence address is vo nox �ao, csrAna IAZAT(j� u�i i County, Nebraska ("Trustee"1, and the Beneficiary, �
<br /> HOM13 FEDERAL SAV7NC.G & I.OAN ASSOC7ATTpN , a corporation organized \�
<br /> and exfsting under the laws of NEB nexn '` ' whose address is_ _ -� Sotrru T.AC![iST ST ��: � :.� . �"•
<br /> GRAND 7SLAND� NFBRASKA 6880?-1009 . ("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, �ents, issuas, profits, income, tenements, hereditaments, privileges end eny appurtenances thareunto belonging (all called the
<br /> "property"1.
<br /> PROPERTY ADDRESS: 1713 ALLEN CT , GRAND ISi�AND , Nebraska 68803
<br /> LEQAL DESCRIPTION• �S�'°°t� fCkyl (2�p Codsl
<br /> LOT THIRTY.SIX (36) R & B SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> located in Hn7.T. 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 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 truet, and all modifications, extensions and
<br /> �enewals thereof.
<br /> The secunred debt is evidenced by(List all instruments and agreements secured by this deed of trust and the detes thereof.►:
<br /> p(7[ A PRnM7C4nRY NOTF NT1 C CT7ATTV A('RFFMFNT DAT1�'D nRCH 7'3� '1 9qA
<br /> �j Futurs Advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br /> contempleted and will be secured to the same extent 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 y6 ,
<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 t�ust is executed.
<br /> The above obligation is due and payabie on .7[7ntF 7, �998 if not paid earlier.
<br /> The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of
<br /> crx�t�r mErottsnun ANn No/i oo Dollars (8 50�000_00 ), 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 eny of the
<br /> covenants contained in this deed of trust, with interest on such disbursements.
<br /> ❑ Variabls Rate:The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligatlon.
<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 aCY_ AGS7(,NMF.NT �F RF.NT4 ❑
<br /> DESIONATION OF HOMESTEAD
<br /> Pursuant 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 mede a part hereof.
<br /> SIONATURES: By gning bslow, Borrower agree to tha terms and covenants contained in thts deed of trust, including those on page 2, and in
<br /> any ridsr sscribed abovs sign y Borrower.
<br /> TE L GTER KRISTINE K FEGTER
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, Hn7.r, County ss:
<br /> The foregoing instrument was acknowledged before me on this 23un day of MARC�H, '1 99R
<br /> bY_TSRAY I. RW.�T .A LNn KRTCTiNF. K FF[STER HtiQBLNn ntail W7Fia
<br /> Ritlslsll
<br /> Caporate a • �! ebr�s6�
<br /> Partnerehip Of
<br /> INam�of Caporstlon w PartnsnhlD)
<br /> A���� e on ehalf f the corporation or partnership.
<br /> My commission expke . �
<br /> ISsap INot�ry Publicl
<br /> This instrument was prepared by nRnoRnu i. K7MRLR
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