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<br />DEED OF TRUST
<br />2003000io- N
<br />PARTIES: This Decd of Trust is made on 12/19/2002 among, the Grantor, LEWIS I FRUCHTL AND NANCY L FRUCHTL, IIUSBAND
<br />AND WIFE ("Borrower").
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, hall County, Nebraska ("'Fmstee"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS
<br />AND LOAN ASSOCIATION OFGRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA whose address i,221
<br />SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender ").
<br />CONVEYANCE: For value received,
<br />Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Bonower is lawfully seized, described below and all buildings, fixtures, and existing and furore improvements thereon and all rights -of-
<br />way, easements, rents, issues, profits,
<br />income, tenements, hereditaments, privileges and mty appurtenances (hereunto belonging (all called the
<br />..property„ ).
<br />PROPERTY ADDRESS: 906 E DELAWARE AVE, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT NINETEEN (19), IN FIT OCK ONE (1), PLEASAND VIEW FOURTH ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska
<br />TITLE: Borrower convenmits and waitanls title to the property, except for
<br />SECURED DEBT: This deed of twat secures to Lender repayment of the secured debt and the performance of the cnvenants mid agreements
<br />contained in this decd of [rust and in any other document incorporated herein. Secured debt, as used in this decd of trust, includes any amounts
<br />Borrower owes to Lender under this deed of trust or Trader 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 />E2 A PROMISSORY NOTE AND SECURITY AGRBItMIf;N'I DA'ILD 12/19/2002
<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 sectored 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 oflmst is executed.
<br />The above obligation is due and payable on ,January 01, 2008 if not paid earlier.
<br />'Ihe total unpaid balance secured by this deed of !rust at any one time shall not exceed a maximum principal amount of $21,595.11, plus
<br />intcreret, 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 ofthat 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 I lomestead Protection Act, designation of homestead iQuachcd to this deed of trust and made a part hereof has
<br />❑ been disclai ..red: 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 consonants contained in this deed of trusty including those on page
<br />2, aad in any riders described above igned by Borrower.
<br />][,9W'1SJFRlUCBTL NNVV L FRUCHTL
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA. HALL COT INTY SS'
<br />The foregoing instrument was aclmowledged before one on 12/19/2002
<br />By LEWIS 1 FRUCHTL and NANCY L FRUCHTL, III !,HAND AND WIFE
<br />� /7
<br />My commission expires: U/ l �-I r A,,O 7 \ G
<br />--+.� F- (Notary Public)
<br />GENERAL NOTARY -Sts lNpbraske
<br />CHRIS L. KASKIE
<br />M' Comm Eep. Dee 2B, 2BBA
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