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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on September 19, 2001 among, the Grantor, RANDY L POMAJZL AND PAMELA POMAJZL,
<br />husband and wife ( "Borrower "), AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County,
<br />Nebraska ( "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation
<br />organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA
<br />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: 2512 South Blaine, Grand Island, Nebraska 68801
<br />LEGAL DESCRIPTION: See Attached Exhibit "A"
<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 UNIVERSAL NOTE DATED SEPTEMBER 19, 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 19, 2002 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 NINETY FIVE
<br />THOUSAND AND 00 /100 DOLLARS ($95,000.00), plus interest, plus any amounts disbursed under the terms of this deed of trust to protect the
<br />security of this deed of trust or to perform any of the 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 apart hereof.
<br />SIGNATURES: By sign' g below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any riders de ribed above signed by Borrower.
<br />RANDVk POMAJZL
<br />��
<br />ACKNOW EDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />T e foregoing instrument was acknowledged before me on SEPTEMBER 19, 2001
<br />B RANDY L POMAJZL and PAMELA POMAJZL, husband and wife
<br />My commission expires: �� li_
<br />n i1 M A _ (Notary Public)
<br />j:M1L *,6WTARY- State of Nebraska
<br />TRACI A RABER
<br />Comb. 4 J* 11, 20M
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