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PARTIES: This Deed of Trust is made on 08/01/2001 among, the Grantor, GREGORY L STIMPLE AND, A SINGLE PERSON ( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the a
<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 "). 3
<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: 541 EAST 20TH, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />PART OF LOT TWENTY -ONE (21), GEER SUBDIVISION OF LOTS SIX (6), SEVEN (7), AND EIGHT (8) OF GARRETT'S
<br />SUBDIVISION, A PART OF THE EAST ONE -HALF (E1 /2) OF SECTION NINE (9), TOWNSHIP ELEVEN (I1) NORTH, RANGE NINE
<br />(9), WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS: BEGINNING AT A
<br />POINT ON THE SOUTHEAST (SE) CORNER OF SAID LOT TWENTY -ONE (21) AND RUNNING WESTERLY A DISTANCE OF
<br />SIXTY -SIX FEET (66'); THENCE RUNNING NORTHERLY A DISTANCE OF ONE HUNDRED FORTY -TWO POINT FOUR
<br />FEET(142.4') TO THE SOUTH LINE OF 20TH STREET; THENCE RUNNING EASTERLY ALONG SAID LINE OF 20TH STREET A
<br />DISTANCE OF SIXTY -SIX FEET (66'); THENCE RUNNING SOUTHERLY A DISTANCE OF ONE HUNDRED FORTY -TWO POINT
<br />FOUR FEET (1424) TO THE POINT OF BEGINNING.
<br />Located in Hall 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 />E A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 08/01/2001
<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 July 15, 2006 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 $15,013.13, 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❑lttached 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 />REGO L S M
<br />GENERAL NOTARY -State of Nebraska
<br />LISA F1. NlAy ER
<br />My Comm. Exp. May 10, 2003
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: W0? 'OI Aeyr*3'(uwo0 4i
<br />The foregoing instrument was acknowledged before me on 09/01/2001 U3)%VV1 .a V911
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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 08/01/2001 among, the Grantor, GREGORY L STIMPLE AND, A SINGLE PERSON ( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the a
<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 "). 3
<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: 541 EAST 20TH, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />PART OF LOT TWENTY -ONE (21), GEER SUBDIVISION OF LOTS SIX (6), SEVEN (7), AND EIGHT (8) OF GARRETT'S
<br />SUBDIVISION, A PART OF THE EAST ONE -HALF (E1 /2) OF SECTION NINE (9), TOWNSHIP ELEVEN (I1) NORTH, RANGE NINE
<br />(9), WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS: BEGINNING AT A
<br />POINT ON THE SOUTHEAST (SE) CORNER OF SAID LOT TWENTY -ONE (21) AND RUNNING WESTERLY A DISTANCE OF
<br />SIXTY -SIX FEET (66'); THENCE RUNNING NORTHERLY A DISTANCE OF ONE HUNDRED FORTY -TWO POINT FOUR
<br />FEET(142.4') TO THE SOUTH LINE OF 20TH STREET; THENCE RUNNING EASTERLY ALONG SAID LINE OF 20TH STREET A
<br />DISTANCE OF SIXTY -SIX FEET (66'); THENCE RUNNING SOUTHERLY A DISTANCE OF ONE HUNDRED FORTY -TWO POINT
<br />FOUR FEET (1424) TO THE POINT OF BEGINNING.
<br />Located in Hall 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 />E A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 08/01/2001
<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 July 15, 2006 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 $15,013.13, 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❑lttached 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 />REGO L S M
<br />GENERAL NOTARY -State of Nebraska
<br />LISA F1. NlAy ER
<br />My Comm. Exp. May 10, 2003
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: W0? 'OI Aeyr*3'(uwo0 4i
<br />The foregoing instrument was acknowledged before me on 09/01/2001 U3)%VV1 .a V911
<br />A
<br />BN �. eMJQDN 10 DIMS-�tNVION'IV»3N
<br />GRE.GORV STIMPi.F.anri CiNf;i F PFR Cf1T�T
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