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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 01/02/2003 among, the Grantor, DOUGLAS L ADLER AND LINDA K ADLER, HUSBAND AND
<br />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 ofNEBRASKA whose address is 221 SOUTH 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 lawfhlly seized, described below and all buildings, fixtures, and existing and future improvements thereon and all nghtsof-
<br />way, easements, rents, issues, profits, income, tenements, hereditemenq privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 2543 DEL MONTE AVE, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />SEE EXHIBIT "A" HERETO ATTACHED
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower conveuants 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 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 critter, 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 />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 01/02/2003
<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 oferedit 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 ad under
<br />the agreement are contemplated and will be secured to the same extent as if made on the date this deed oftrust ivances s
<br />advances
<br />The above obligation is due and payable on February 10, 2007 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 $7,220.35, 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 ofhvst, 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 Homestead Protection Act, designation of homestead iQftached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed oftmst and made a part hereof.
<br />SIGNAT : By signing below, Borrower agree to the terms and conveuants contained in this deed of trust, including those on page
<br />2, and in a y rddep b a 'gnO Borrower.
<br />DOUOLAS L ADLER LINDA K ADLER
<br />ACKNOWLEDGMENT: STATE OP NEBRASKA, HALL COUNTY SS-
<br />The foregoing instrument was acknowledged before me on 0110212003
<br />By DOUGLAS L ADLER and LINDA K ADLER, HUSBAND AND WIFE
<br />My commission expires: ° Ct* v I. a
<br />(Notary Public)
<br />GENERA[ NOTARY-State of Nebraea
<br />u
<br />CHRIS L. KASKIE
<br />Ny Comm. E1P. Dec.29, 2009
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