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<br /> DEED OF TRUST
<br /> PARTIES: This Deed of Trust is made on December 18, 2000 among, the Grantor, GARY BORING ANTIS KATHLF--EN BORING, HUSBAND
<br /> AND WIFE ("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 ' a
<br /> laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801("La.tder").
<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 improvemenus thereon and all rights-of-
<br /> way, easements, rents, issues, profits, income, tenements, hcrcditaments, privileges and any appurtenances thereunto belonging (all called the
<br /> "property„)
<br /> PROPERTY ADDRESS: 1709 W 1ST , GRAND ISLAND. Nebraska 68803
<br /> LEGAL DESCRIPTION:
<br /> FRACTIONAL LOT TWO (2). FRACTIONAL BLOCK SIX (6), CHARLES WASMER'S ADDTITION AND ITS COMPLEMENT
<br /> FRACTIONAL LOT TWO (2), FRACTIONAL BLOCK TWENTY-TWO (22), KERNOHAN AND DECKER'S ADDITION, CITY OF
<br /> GRAND ISLAND, 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 tri*t 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 thercof.):
<br /> ® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED December 18, 2000
<br /> ® Future advances: Thu, above amount is secured even though all or pan 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 ofthis 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 December 20, 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 $10.078.00, plus
<br /> interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this decd of trust or to perform any of the
<br /> covenants contained in this deed of trust, with interest on such disbursements.
<br /> [l Variable Rate: The interest rate on the obligation secured by -'iis 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 Flomestead Pro.ection Act, designation of homestead fittached 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: wring below, Borrower agree to the terms and convenants contained in this deed or rust, including those on page
<br /> 2, and in any rid c cribed rve signed by Borrower.
<br /> G,t Y 130 'G KATi-iLEEN BORING -
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<br /> ACKNOWLEDGMENT, STATE OF NEBRASKA, HALL COUNTY SS:
<br /> The foregoing instturnent was acknowledged before me on December 18, 2000
<br /> By GARY BORING and KATHLEEN EORING, HUSBAND AND WIFE
<br /> tidy commission ex!:-ires: Imo` J'L 3-
<br />
<br /> (votary Public)
<br /> k GcPlrhnt iaOTady-state al NeSras~i
<br /> 4iii SHARON K KLEINT
<br /> !ry Gomm. Exp. Der. 3, 2003
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