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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this 2nd day of April
<br />EDMUND J. SONDERGAARD AND MARY J SONDERGAARD,
<br />HUSBAND AND WIFE
<br />Michael F. Kivett
<br />"Trustee "), and the Beneficiary, CITIFINANCIAL, INC. (MD)
<br />a corporation organized and existing under the laws of Maryland
<br />address is 2014 N LAWRENCE LANE GRAND ISLAND NE 68803
<br />"Lender ").
<br />, 2001 among the Trustor,
<br />(herein "Borrower "),
<br />(herein
<br />whose
<br />(herein
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />and conveys to Trustee, in trust, with power of sale, the following described property located in the County of
<br />HALL , State of Nebraska:
<br />ALL THAT TRACT LOCATED IN THE WEST HALF SOUTHWEST QUARTER (Wl /2SW1 /4)
<br />OF SECTION ELEVEN (11), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9)
<br />WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, MORE PARTICULARLY
<br />DESCRIBED AS COMMENCING AT A POINT 503.8 FEET WEST OF THE NORTHEAST
<br />CORNER OF SAID WEST HALF SOUTHWEST QUARTER (W1 /2SW1 /4) OF SAID
<br />SECTION ELEVEN (11), RUNNING THENCE WEST 110 FEET ALONG THE NORTH LINE
<br />THEREOF, THENCE SOUTH IN A LINE PARALLEL WITH THE EAST LINE OF SAID
<br />WEST HALF SOUTHWEST QUARTER (W1 /2SW1 /4) OF SECTION ELEVEN (11), A
<br />DISTANCE OF 330 FEET, SAID LINE RUNNING THROUGH THE CENTER OF A
<br />CYCLONE CELLER NOW LOCATED ON SAID PREMISES, THENCE EAST IN A LINE
<br />PARALLEL WITH THE NORTH LINE OF SAID WEST HALF SOUTHWEST QUARTER
<br />(W1 /2SW1 /4) OF SAID SECTION ELEVEN (11), A DISTANCE OF 110 FEET,THENCE
<br />NORTH IN A LINE PARALLEL WITH THE WEST LINE OF THIS TRACT A DISTANCE
<br />OF 330 FEET TO THE POINT OF BEGINNING, EXCEPTING THEREFROM A TRACT OF
<br />GROUND MORE PARTICULARLY DESCRIBED IN THE QUITCLAIM DEED RECORDED AS
<br />DOCUMENT NO. 76- 002877 OF THE REGISTER OF DEEDS, OF HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 2200 EAST 7TH
<br />Nebraska 6 8 8 01 (herein "Property Address ");
<br />GRAND ISLAND
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the
<br />foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter
<br />referred to as the "Property ";
<br />WHEREAS, Borrower is indebted to Lender in the principal sum of $ 10,000.00 , or so much
<br />thereof as may be advanced pursuant to Borrower's Home Equity Line of Credit Agreement and Disclosure Statement
<br />dated 04/02/2001 and any extensions and renewals thereof (herein "Note ") providing for monthly installments, and
<br />interest at the rate and under the terms specified in the Note, including any adjustments in the interest rate if that rate is
<br />variable, and providing for a credit limit stated in the principal sum above and an initial advance of $ 0. 00
<br />TO SECURE to Lender the repayment of the indebtedness, including future advances, evidenced by Borrower's
<br />Note, with interest thereon at the applicable contract rate (including any adjustments to the amount of payment or the
<br />contract rate if that rate is variable), and other charges; the payment of all other sums, with interest thereon, advanced in
<br />accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of
<br />Borrower herein contained.
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants that
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />encumbrances of record.
<br />Ss�
<br />
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