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<br /> DEED OF TRUST ,,,�� an � �
<br /> 98- 103�46 �` p
<br /> PARTIES:This Deed of Trust is made on NLARGH 27, 1998 , among the Grantor, . u .GT W SON
<br /> ANiI HRTSTTN . .T .RSON HLTSRANiI ANfI WTFF. (�BOffOWBf°�,
<br /> AREND R AAAC'K, ATTpRNF.V ��
<br /> `�
<br /> whose residence address is po snx �ao a a„d 7c1 and Hai i County, Nebraska ("Trustee"1, and the Beneficiary, \\C
<br /> HOMF F.D . AT. 4AVTN(�S T.� u AC4n TATTON _, a corporation organized \
<br /> and existing under the laws of N .R AG A whose address is 2 .l SOLTTH I.00 TST STR FT�
<br /> � ATTT) TS �ATTT�� NEBRASKA 68802-1009 ("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, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (ali called the
<br /> "property").
<br /> PROPERTY ADDRESS: �Si . W r,0i7TR . , � AT�m TS ,ANn , Nebraska 68A03
<br /> LEGAL DESCRIPTION: Iscreecl 1c�cy1 (Zip Code)
<br /> LOT EIGHT (8) AND WEST HALF (W1/2) OF LOT NINE (9) BLOCK THIRTY TWO
<br /> (32) CHARLES WASMER'S SECOND ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> located in HAT.L 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 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.►:
<br /> 4GX A OMTQSO V NO TTI� S .(`LTRTT A MFNT DAT D MAR H 7� 1998
<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 made on the date this deed of trust 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 of trust is executed.
<br /> The above obligation is due and payable on APRIL i, 20�� if not paid earlier.
<br /> The total unpaid balance secured by this deed ot trust at any one time shall not exceed a maximum principal amount of
<br /> FOL7RTEEN THOi15AND THRRE H17�TT)RF.D ANTI NO�'100 Dollars ($14�300_n0 �, 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 /> ❑ Variable Rate:The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<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 � ASGT ,NM .N (� .NTG ❑
<br /> DESIGNATION OF HOMESTEAD
<br /> Purs nt 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 /> SIGNAT : By'�,;s' ni b , B wer agree to the terms and covenants contained in this deed of t , including those on page 2, and in
<br /> n r ers d cr' ab e sig d by Borrow .
<br /> � ERN T W PETERSON � CHRISTINE Z ETERSON
<br /> �
<br /> ACKNOWLEDGMENT:STATE OF NfBRASKA, HAT,T, County ss:
<br /> The foregoing instrument was acknowledged before me on this �7TH day of MAR�, i 998
<br /> b�/ F.RNF.ST W P .T .RSON ANT1 CHRTCTTN PFTFRCON HLTSEAND ATTI� WTFF
<br /> � (Title(s)1
<br /> Corporate or
<br /> Partnership Of R (Name of rprnation or Partneiship)
<br /> Acknowledgmen[ a PAT5Y A.KALKOWSKI on alf of the corp ra '�n or partnership. .
<br /> ORlfll. . fl�2�,1� Y
<br /> (Seal! �J'�- , (Notary Public)
<br /> This instrument was prepared by PATSY xnr.xnwsxr _ __ _ _ —--.- -- -- ,
<br /> p1985Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 66301 11-800-397-2341)FORM OCP-MTG-NE 6/79/91 APPL# 00045488 �p°9e 1 Of 2/ �Eg,���
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