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PARTIES: This Deed of Trust is made on February 25, 2000 among, the Grantor, MICHAEL T ZIGLER AND TAMMY J ZIGLER, <br />HUSBAND AND WIFE ( "Borrower "), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the c-7 <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of <br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property„). <br />PROPERTY ADDRESS: 4316 BLAUVELT RD, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRIPTION: <br />LOT FIVE (5), BLAUVELT SUBDIVISION BEING A PART OF THE WEST ONE -HALF (W12) OF THE SOUTHWEST QUARTER <br />(SW1 /4) OF SECTION TWO (2), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, <br />NEBRASKA. <br />Located in County, Nebraska. <br />TITLE: Borrower convenants 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 convenants 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 secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof): <br />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED February 25, 2000 <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 of 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 01, 2005 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 $3,854.50, plus <br />interest, 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: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead i[Ittached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. <br />SIGNATURES: By signing below, Borrower agree to the terms and conv nt contained in this deed of trust, including those on page <br />2, and in an ers scrib d a ove igne y Borrower. <br />MICHAEL T ZIGLE <br />TAMM L <br />i� <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on February 25, 2000 <br />By MICHAEL T ZIGLER and TAMMY J ZIGLER, HUSBAND AND WIFE <br />My commission expires: e L� BUJ <br />ti GENERAL NOTARY -State of Nebraska �' Notary Public) <br />CHRIS L. KASKIE <br />MY Comm. Exp. Dec. 29.2000 <br />J <br />rn <br />C: <br />t. <br />�y1 <br />D <br />r:lc <br />Cn <br />= <br />CD <br />T <br />^= <br />` 1 <br />♦� <br />Ci <br />p <br />Q <br />�� <br />}. 1 <br />1 <br />cis <br />.-.. <br />o <br />0C= � <br />(� <br />r ,. <br />{� <br />v <br />I <br />rn <br />r- r.:,. <br />p <br />N <br />� <br />�- -� <br />Cn <br />F -+ <br />- J <br />E3 <br />;N <br />co <br />DEED OF TRUST <br />cn <br />Q <br />PARTIES: This Deed of Trust is made on February 25, 2000 among, the Grantor, MICHAEL T ZIGLER AND TAMMY J ZIGLER, <br />HUSBAND AND WIFE ( "Borrower "), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the c-7 <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of <br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property„). <br />PROPERTY ADDRESS: 4316 BLAUVELT RD, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRIPTION: <br />LOT FIVE (5), BLAUVELT SUBDIVISION BEING A PART OF THE WEST ONE -HALF (W12) OF THE SOUTHWEST QUARTER <br />(SW1 /4) OF SECTION TWO (2), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, <br />NEBRASKA. <br />Located in County, Nebraska. <br />TITLE: Borrower convenants 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 convenants 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 secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof): <br />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED February 25, 2000 <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 of 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 01, 2005 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 $3,854.50, plus <br />interest, 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: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead i[Ittached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. <br />SIGNATURES: By signing below, Borrower agree to the terms and conv nt contained in this deed of trust, including those on page <br />2, and in an ers scrib d a ove igne y Borrower. <br />MICHAEL T ZIGLE <br />TAMM L <br />i� <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on February 25, 2000 <br />By MICHAEL T ZIGLER and TAMMY J ZIGLER, HUSBAND AND WIFE <br />My commission expires: e L� BUJ <br />ti GENERAL NOTARY -State of Nebraska �' Notary Public) <br />CHRIS L. KASKIE <br />MY Comm. Exp. Dec. 29.2000 <br />