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PARTIES: This Deed of Trust is made on 09/12/2001 among, the Grantor, DENNIS M WALZ AND TAMMY L WALZ, ( "Borrower "), <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 <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- CJ <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 4213 SUMMER CIRCLE, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRIPTI // '' — /D aK; <br />7 a�7 S <br />LOT 32, WESTROADS OURTH SUBDIVISION, HALL COUNTY, NEBRASKA <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 />■ A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 09/12/2001 <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 September 01, 2004 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 $22,763.23, 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: B signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in any rid described above signed by Borrower. <br />S W <br />DENNIS M WALZ TAM 41Y L WALZ <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before r <br />By DENNIS M WALZ and TAMMY L WALZ, <br />My commission expires: <br />GENERAL NOTARY State of Nebraska <br />III PATSY A KALKOWSKI <br />My Comm. Exp. April 24, 2003 <br />fry Public) <br />. <br />" <br />m <br />Zn <br />\\mom <br />Z <br />J <br />R <br />r) <br />D <br />= <br />o <br />�^ <br />0 <br />o -i <br />o <br />n-t <br />T <br />C 1* <br />Z "-4 <br />N <br />CCD <br />1 <br />rn <br />rn <br />O <br />'mot <br />c'� <br />�� <br />-t o <br />Co <br />, <br />EE <br />1 <br />r- <br />0 <br />C40 <br />CO <br />U) <br />U7 <br />0 <br />CD <br />co <br />c <br />DEED OF TRUST <br />p <br />A <br />PARTIES: This Deed of Trust is made on 09/12/2001 among, the Grantor, DENNIS M WALZ AND TAMMY L WALZ, ( "Borrower "), <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 <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- CJ <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 4213 SUMMER CIRCLE, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRIPTI // '' — /D aK; <br />7 a�7 S <br />LOT 32, WESTROADS OURTH SUBDIVISION, HALL COUNTY, NEBRASKA <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 />■ A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 09/12/2001 <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 September 01, 2004 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 $22,763.23, 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: B signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in any rid described above signed by Borrower. <br />S W <br />DENNIS M WALZ TAM 41Y L WALZ <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before r <br />By DENNIS M WALZ and TAMMY L WALZ, <br />My commission expires: <br />GENERAL NOTARY State of Nebraska <br />III PATSY A KALKOWSKI <br />My Comm. Exp. April 24, 2003 <br />fry Public) <br />