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<br />	DEED OF TRUST
<br />      																				a
<br />	PARTIES: This Deed of Trust is made on December 20, 1999 among, the Grantor, STEPHEN J MORAN AND BARBARA J MORAN,  d
<br />	HUSBAND AND WIFE("Borrower"),     				.
<br />	AREND R BAACK, AT"TORNEY, 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 ofNEBRASKA whose address is 221 SOUTH LOCUST STREET,GRAND ISLAND,NEBRASKA 68801 ("Lender").
<br />	CONVEYANCE: For value received, Bonower 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:3208 KENNEDY WAY,GRAND ISLAND,Nebraska 68803
<br />	LEGAL DESCRIPTION:
<br />	LOT EIGHT(8),COLONIAL ESTATES,FIFTH(STH)SUBDIVISION,HALL COLJNTY,NEBRASKA.
<br />   	Located in Lincoln County,Nebraska.
<br />	TITLE:Borrow�r convenants and wanants title to the property,except for
<br />	SECURED DEBT: This deed of trust secures to Lender repayment of the secured�lebt and the performance of the convenants and agre�ments
<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  thereo£):
<br />       	� A PROMISSORY NOTE AND SECURITY AGREEMENT DATED December 20, 1999
<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 />       	0 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 January 15,2005 if not paid earlier.
<br />   	The total unpaid balance secured by this deed of trust at any one time shall not exceed a ma�cimum principal amount of$45,070.50, 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: By signing below,Borrower agree to the terms and convenants contained in this deed of trust,including those on page
<br />	2,and in any riders d  cribed above signed by Borrower.
<br />     															� ,�,       	.
<br />  		STEPHE  J MORAN     						A    J     RAN
<br />	ACKNOWLEDGMENT: STATE OF NEBRASKA,HALL COUNTY SS:
<br />  		The foregoing instrument was acknowledged before me on December 20, 1999
<br />  		By STEPHEN J MORAN and BARBARA J MORAN,HUSBAND AND WIFE
<br />  		My commission expires:   	-       �     						,
<br />      																	Notary Public)
<br />     										III GENERAL NOTARY-State of Ne raska  ���     V
<br />      											PENNY HOLIAWAY
<br />       ,     										i�Cam�p.6rp.Mlap 10,�	i�,,�1 .���b�, '�  			d
<br />
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