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M <br />n <br />200003440 <br />DEED OF TRUST <br />;0 (') C) <br />M y > <br />C M C. ) <br />DZ <br />x c� o v4 o <br />C L I)- <br />z <br />Cn �, '� �, <br />a <br />c, -< C� cv <br />r7i CD <br />. ; .. F--a O T7 CZ <br />-rl Z C 3 s? <br />rT1 CJ <br />1p rn D w O C <br />rn Zq r- <br />i N r D W y <br />U) S <br />Cn <br />o <br />0 <br />PARTIES: This Deed of Trust is made on April 20, 2000 among, the Grantor, DAVID E BARTLETT AND MARSHA R BARTLETT, <br />HUSBAND AND WIFE ( "Borrower "), Q <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the _ <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the V� <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). a <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: 4049 CANNON RD, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRIPTION: <br />LOT TWO (2), SUSSEX PLACE THIRD (3RD) SUBDIVISION, GRAND ISLAND, HALL COUNTY, 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 April 20, 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 April 20, 2010 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 $28,280.71, 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 iQttached 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 convenants contained in this deed of trust, including those on page <br />2, and in any riders described above signed by Borrower. <br />DAVID E BARTLETT MARSHA R BARTLETT �- <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on April 20, 2000 <br />By DAVID E BARTLETT and MARSHA R BARTLETT, HUSBAND AND WIFE <br />My commission expires: `"� , � 7i60 O C d� <br />(Notary Public) <br />GENERAL NOTARY-Slate of Nebraska <br />�+ CHRIS L. KASKIE <br />My Comm. ExA Dec, 29, 2000 <br />