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<br /> DEED OF TRUST 9 9 10 S 3 5 6 � �� � �
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<br /> PARTIES:This Deed of Trust is made on ,7iTNE 18, 1999 , among the Grantor,
<br /> RTN(:T.F. PERSON (��Borrower"�, �
<br /> AREN1� R SAACK, ATTnRNEV �
<br /> whose residence address is po a�x �ao, Qrand rs�ana, Hai i County, Nebraska ("Trustee"1, and the Beneficiary, (�
<br /> HOMF. F .D . AT� GAVTN tG �O N ASG� TATTON , a corporation organized \
<br /> and existing under the laws of NEBRASKA whose address is 2 .i GOiTTH .00'i7GT GT . .T�
<br /> GRAND ISLANI], NESRASKA 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 (all caUed the
<br /> "property"►.
<br /> PROPERTY ADDRESS: �10 V A T TV�T,T , , At�m TSr,ANn , Nebraska 6A803
<br /> LEGAL DESCRIPTION: �sveec� 1c�cy� (Zip Code)
<br /> LOT TEN (10) , IN BLOCK ONE (1) , CONTINENTAL GARDENS, AN ADDITION TO
<br /> THE CITY OF GRAND 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 DEB7: 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 /> 4L7C A ROMTG4p Y NOT TTT� R . TRTTV A R MFNT DAT D TTTN l8, l 999
<br /> �Future Advancea: 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 MARCH ?3, 200� 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 /> oNE x1nlnREn srxTV THOi7SATIi) �.rn No/i oo Dollars (�60, 000_0� 1, 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 atY AS4T ,NM NT p F.NT4 ❑
<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 hereof
<br /> ❑ has been disclaimed;the disclaimer is attached to this deed of trust and made a part hereof.
<br /> SIGNAT : By signing below, Borrower agr to the terms and covenants contained in this deed of trust, including those on page 2, and in
<br /> any rid rs described above s'gned b B wer.
<br /> �
<br /> C L A SAGEHORN
<br /> ACKNOWLEDGMENT: STATE OF NEBRASKA, HA7,T, County ss:
<br /> The foregoing instrument was acknowledged before me on this 't SmH day of ,7Lrn1E, i 999
<br /> by CAROL A SArF.HORN A STNQI.F PF.R40N
<br /> �Titlelsll
<br /> Corporate or
<br /> Partnership �f (Name of Corporation or Partnerahip)
<br /> Acknowledgment a n b If o th orporation or partnership.
<br /> My commission expires: 1,-t.y N4 �y �OV�
<br /> (Seal) 1 (Notary Public)
<br /> This instrument was prepared by ,
<br /> m1985�E}(�IKERS SVSTEMS,INC.,ST.CLOUD,MN 56301 (1-800-387-2341)FORM OCP-MTG-NE 6/19/91 ,,,,,.,r,� ,,,,,,�.,� �''. (l��y 110j+21 •sNEBRASKA
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