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<br /> CORRECTIVE DEED OF TRUST O
<br /> .
<br /> PARTIES: This Deed of Trust is made on N1L�Y 17� 1999 _ _ , among the Granror, �� �1 STEEYLE AND i
<br /> _ - O- --—-----------
<br /> _ JUDY M S'IEEPLE, tiUSBAND ANll WIF� _ ___. I"Borrower"►, Of`
<br /> -___ _ -- -- ___ --- -- ----------------
<br /> __AREND R BAACK�ATTORNEY__ �y
<br /> whose residence address is PO BOX 790, GRANU ISLAND� _HALL _County, Nebraska ("Trustee"►, and the Beneficiary,
<br /> HOME FEDERAL SAVINGS AND LOAN ASSOCIATION , a corporation ocganized
<br /> and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET� GRAND ISLAND�
<br /> NEARASKA 68801 ------ ---- --- - ------ -- -- -- -��l.ende�"�.
<br /> CUNV�YANCE: 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. 3900 E GUENTHER RD
<br /> PROP�RTY ADDRESS:_ , PHILLIPS , Nebraska 68865
<br /> LEOAI,DESCRIPTION: Iscreeu 1c�ry1 �z�p codel
<br /> ALL OF LOT FIVE (5) , SITUATED IN TIiE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (SW1/4
<br /> SW1/4) OF SECTION TWELVE (12) , TOWNSHIP TEN (10) ,NORTH, RANGE NINE (9) WEST OF THE 6TH
<br /> P.M. , HALL COUNTY, NEBRASKA.
<br /> located in__._______tiL1LL____ _._________„___County, Nebraska.
<br /> ------------
<br /> TI7LE:Borrower covenants and warrants tiUe to the property, except for_______________ ________ ___ _
<br /> SECURED DEBT: Tfiis deed of trust secures to Lender repayment of tlie secured debt and tfie 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 /> �O!fOW9f OWRS 1f1 I_en!1er si�dar thic !{09.� nf trt!�!^! �!.^.!�Q� 2:n� !R�*„•�!,^.°,^„ C,Cf,i:fu� 5'�2i�:S :.t:;'ou G� :�tioi, 8iiCi ali mudiF�cations, extensions and
<br /> renewels thereof.
<br /> The secured debt is evidenced by tList all instruments and agreements secured by this deed of lrust and the dates thereof.►:
<br /> � A ROMTSSOR NOT L�Nll SECURITY AGREEMENT DATED JUNE 18, 1992
<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 i�terest rate of _% .
<br /> All amounts owed under this agreeme�t are secured even though ail amounts may not yet be advanced. Future advances under
<br /> tfie 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 a�d payable on JUN� 23. 2.��2 if not paid earlier.
<br /> The total unpaid balance se.cured�by this deed of trust at any one time shall not exceed a maximum principal amount of SEVBN'I'EEN
<br /> THOUSAND AND 00/00---1--------------------------Dollars (S 1Z,000.00
<br /> l, 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 uf trust and
<br /> made a part liereof.
<br /> RIDERS: ❑ Commercial � ASSIGNMENT OF RENTS ❑
<br /> DESIGNATION OF HOMESTEAD
<br /> Pursuant to the Farm Homestead Protection Act, designation of homestead ❑ is attached to this deed of trust and made a part hereot
<br /> ❑ fias been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br /> ____. __ r._. �� _ _ _ �
<br /> SIGNATURES: By signing below, Borrower agree to t�ia 4errns a�d covenants contained in tF�s deed of trust, including thoae on page 2, and in
<br /> �I"r s described e ova signed by Borrower.
<br /> �
<br /> r
<br /> AN A STEEPLE � J STEEP
<br /> ACKNOWLEDOMENT:STATE OF NEBRASKA, HALL County ss:
<br /> The foregoing instrument was acknowledged before me on this 17TH day of MAY. 1999
<br /> by JAN A STEEPLE AND JUDY M STEEPLE, HUSBAND ANU WIFE
<br /> Corporete or ITitle�sll
<br /> Partnerahlp Of �� (Name of Corporadon or Partnerehip)
<br /> Acknowledgment e MyComm.Ex pet,2g �ppp on behalf of the corporation or partnership.
<br /> My commission expires: � '
<br /> ISeell � ° �Notery PuWlc)
<br /> This instrument was prepared by
<br /> m1986 BANKERS SYSTEMS,INC.,ST.CLOUD,MN 68301(1-800-397•2341►FOflM OCP-MT(3•NE 8/19l91 /peps 1 0/2/ NEE3RASKl4 `
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