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<br /> DEED OF TRUST - ����9,� � � � o
<br /> PARTIES:This Deed of Trust is made on MAY 5, 1999 , among the Grantor, r�AVrD L• RNO �1] Nn r
<br /> MAR2T.YN S ARN�T.n Hi7RflANT] ANT1 WTF.F (°BOffOWBf°), Q�
<br /> AR .ND S � K� ATTORNF.Y �
<br /> whose residence address is po nox �vo [:rand Tsi ana Hal l County, Nebraska ("Trustee"1, and the Beneficiary, O�
<br /> H�MF. FEDERAT. SAVTN(�G b 7 pAN ASG(�CTATT[�N , a corporation organized
<br /> and existing under the laws of NEBRASKA whose address is i Gp rrH ,O['i7ST 4TR m,
<br /> CRATTfl TG ,AN7�� NEARASKA 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, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br /> "property"►.
<br /> PROPERTY ADDRESS: 7 03 . G r.i7M , CRATTT� TS .ATTI� , Nebraska 68801
<br /> LEGAL DESCRIPTION• Iscreec� �c�cy� (Zip Code)
<br /> LOT FOURTEEN (14) , IN ANDERSON SUBDIVISION, IN THE CITY OF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA.
<br /> located in HAi�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 PROMTSSp V NOT . Nl� Q .CiTRTTY AC MFNT DATFD AY S� 'I 999
<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 MAY 5, 2004 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 /> THRF.F. THni7SATin REVF.NR'Y n,nm �o/i on Dollars (S 3,070_50 ►, 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 .NT p NTG ❑
<br /> DESICaNATION 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 bee is laimed;the disclaimer is attached to this deed of trust and made a part hereof.
<br /> SIGNATU S: signing below, B wer agree to the terms and covenants c tained in this deed of rust, including those n ge 2, and in
<br /> any ider described ov ig d by Borrower.
<br /> ,
<br /> i
<br /> �
<br /> DA ID ARNOLD MARILYN S OLD
<br /> ACKNOWLEDGMENT:STATE OF NEBRASKA, HAT,T, County ss:
<br /> The foregoing instrument was acknowledged before me on this 5TH day of MA�, i 999
<br /> by
<br /> 6ENERAI NOTARY•State o!Nebnska ,T;,,e,s„
<br /> c°'P°'ete°' CHRIS L.KASKI
<br /> Partnership Of (Name of Corporation or Partnership)
<br /> Acknowledgment a r • ' on behalf of the corporation or partnership.
<br /> My commission expires: �
<br /> (Seall (NOtery Publlc)
<br /> This instrument was prepared by CHRIS T. KLSK7F.
<br /> �1986Z�IKERS SYSTEMS,INC.,ST.CLOUD,MN 66301 11-800-397-23411 FORM OCP-MTG-NE 6/19/91 /pegB �ors�.: I��BRASKA
<br /> APPL# 00061584 ��, � �:
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