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DEED OF TRUST 200401822 /o r <br />0 <br />PARTIES: This Deed of Trust is made on 02/23/2004 among, the Grantor, FRANCIS G SCHAAF AND CONSTANCE E SCHAAF, <br />HUSBAND 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 <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ('Lender"). <br />CONVEYANCE: For value received, Bormyer 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, renta, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 224 LAKESIDE DRIVE, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOT TWENTY -THREE (23) HIDDEN LAKES SUBDIVISION NO. FOUR (4) HALL COUNTY, NEBRASKA EXCEPTING THEREFROM <br />A TRACT OF LAND MORE PARTICULARLY DESCRIBED M WARRANTY DEED RECORDED AS DOCUMENT NO. 98- 108618. <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convectors 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 conventions 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 />N A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/23/2004 <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 m the date this deed of trust is executed. <br />The above obligation is due and payable on March 05, 2009 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 $25,074.89, 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 i5ttached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this decd of trust and made apart hereof. <br />SIGNATURES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those on page <br />2, and in any 'dens described above signed by Borrower. // <br />ClS G SCHAAF CONSTANCE E SCHAAF <br />v" <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 02/23/2004 <br />By FRANCIS G SCHAAF and CONSTANCE EE SCHAAF, HUSBAND AND WIFE <br />My commission expires: l " (- / A M <br />�>������� otary Public) <br />BBHWI. USAy61 AYERWesya / <br />LISA R. MAYER <br />MytanMS Em May 70, 1007 <br />2 <br />ro <br />D <br />0 <br />no <br />n <br />x °'- 71 <br />� <br />H = n ON <br />c n ND <br />�1 m N_ <br />F= <br />4 <br />=o < p <br />k <br />� <br />r✓ _r= n7 <br />n- <br />N z <br />DEED OF TRUST 200401822 /o r <br />0 <br />PARTIES: This Deed of Trust is made on 02/23/2004 among, the Grantor, FRANCIS G SCHAAF AND CONSTANCE E SCHAAF, <br />HUSBAND 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 <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ('Lender"). <br />CONVEYANCE: For value received, Bormyer 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, renta, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 224 LAKESIDE DRIVE, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOT TWENTY -THREE (23) HIDDEN LAKES SUBDIVISION NO. FOUR (4) HALL COUNTY, NEBRASKA EXCEPTING THEREFROM <br />A TRACT OF LAND MORE PARTICULARLY DESCRIBED M WARRANTY DEED RECORDED AS DOCUMENT NO. 98- 108618. <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convectors 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 conventions 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 />N A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/23/2004 <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 m the date this deed of trust is executed. <br />The above obligation is due and payable on March 05, 2009 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 $25,074.89, 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 i5ttached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this decd of trust and made apart hereof. <br />SIGNATURES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those on page <br />2, and in any 'dens described above signed by Borrower. // <br />ClS G SCHAAF CONSTANCE E SCHAAF <br />v" <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 02/23/2004 <br />By FRANCIS G SCHAAF and CONSTANCE EE SCHAAF, HUSBAND AND WIFE <br />My commission expires: l " (- / A M <br />�>������� otary Public) <br />BBHWI. USAy61 AYERWesya / <br />LISA R. MAYER <br />MytanMS Em May 70, 1007 <br />