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<br />DEED OF TRUST
<br />PAR'T'IES: This Deed of Trust is made on 03/15/2004 among, the Grantor, JASON J LANGFORD AND DAWN M LANGFORD, HUSBAND
<br />AND WIFE ( "Borrower "),
<br />ARBND 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 SOUL 11 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-
<br />way, easements, rents, issues, profits, income, tenements, hereditament, privileges and any appurtenances thereunto belonging (all called the
<br />"Property ").
<br />PROPERTY ADDRESS: 604 SWEETWOOD DR, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT NINE (9) IN WESTWilOD PARK FOURTH SUBDIVISION CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Located in Hall County, Nebraska,
<br />TITLE: Borrower convenanta and wmraras 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, extenei onx 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 AGREEMENI DATED 03/15/2004
<br />IS 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 ofthis deed oftmst 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 sume extent as if made on the date this deed of trust is executed.
<br />The above obligation is due and payable on March 10, 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 $27,062.50, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of bust or to perform any of the
<br />covenants contained in this deed oftrost, 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 ofthe loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust 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 iatlached 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 conve imIN contained In this deed of trust, including Those on page
<br />2, sad in any riders ;;F gned by Borrower.
<br />JASON d L DAWN M LANCFORD
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before tire on 03/15/2004
<br />By JASON J LANGFORD and DAWN M LANGFORD.;H!UUSSBBAA�N�D /AND WIFE
<br />My commission expires: ' — "" /
<br />INotary Public)
<br />GFNBIASTEVE E - Stele IVINNII s
<br />STEVE D. MaNZ1,AN
<br />RY Comm. Bp. March t, 2006
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