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LOAN %: 2232578 <br />Thie line. Fnr Recnedine Datal <br />DEED OF TRUST <br />DEFINITIONS <br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and <br />21. Certain rules regarding the usage of words used in this document are also provided in Scction 16. <br />(A) "Security Instrument" means this document, which is dated JANUARY 9, 2003, together with all Riders <br />to This document. <br />(B) "Borrower" is WARREN L. PENNELL AND RANDI R. PENNELL, HUSBAND AND WIFE. <br />Borrower is the trustor under this Security Instrument. <br />(C) "Lender" is CENTRAL NATIONAL BANK. <br />Lender is a NATIONAL BANK organized and existing under the laws of <br />THE UNITED STATES OF AMERICA. Lcndcr's address is 411 NORTH NATIONAL STREET, <br />SUPERIOR, HE 68978. <br />Lender is the beneficiary under this Security lnstm icin, <br />(D) " "trustee °is CENTRAL NATIONAL BANK, A NATIONAL BANK. <br />(E) "Note" means the promissory note signed by Borrower and dated JANUARY 9, 2003. The Note states <br />that Borrower owes Lender "******NINETY SIX THOUSAND AND N01100 <br />x+xxxxx x.x + * + +. + + +*• • xxxx **x x*x xx **x + + *. x...x x.xxxxxxxx <br />Dollars (U.S. $96,000.00 ) <br />plus interest Borrower has promised to pay this debt in regular Periodic Paynnents and to pay the debt in full not later than <br />FEBRUARY 1, 2018. <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(G) "Gran" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and <br />all sums due under this Security Instrument, plus interest <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed <br />by Borrower [check box as applicable]: <br />LI Adjustable Rate Rider — Condominium Rider C! Second home Rider <br />L— Balloon Rider J Planned Unit Development Rider Monts) [specify] <br />L— 1-4 Family Rider ---- I Biweekly Payment Rider <br />NEBRASKA Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Initials:. ✓' <br />Fmni 3029 1/01 Page 1 of 8 HEUDEED 0109 <br />2 yr <br />Z <br />S� <br />fn <br />1'r1 <br />v, <br />c, <br />After Recording Return To: <br />a <br />CENTRAL NATIONAL BANK <br />rn <br />v <br />O <br />P.O. BOX 268 <br />SUPERIOR, HE 68978 -0268 <br />LOAN %: 2232578 <br />Thie line. Fnr Recnedine Datal <br />DEED OF TRUST <br />DEFINITIONS <br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and <br />21. Certain rules regarding the usage of words used in this document are also provided in Scction 16. <br />(A) "Security Instrument" means this document, which is dated JANUARY 9, 2003, together with all Riders <br />to This document. <br />(B) "Borrower" is WARREN L. PENNELL AND RANDI R. PENNELL, HUSBAND AND WIFE. <br />Borrower is the trustor under this Security Instrument. <br />(C) "Lender" is CENTRAL NATIONAL BANK. <br />Lender is a NATIONAL BANK organized and existing under the laws of <br />THE UNITED STATES OF AMERICA. Lcndcr's address is 411 NORTH NATIONAL STREET, <br />SUPERIOR, HE 68978. <br />Lender is the beneficiary under this Security lnstm icin, <br />(D) " "trustee °is CENTRAL NATIONAL BANK, A NATIONAL BANK. <br />(E) "Note" means the promissory note signed by Borrower and dated JANUARY 9, 2003. The Note states <br />that Borrower owes Lender "******NINETY SIX THOUSAND AND N01100 <br />x+xxxxx x.x + * + +. + + +*• • xxxx **x x*x xx **x + + *. x...x x.xxxxxxxx <br />Dollars (U.S. $96,000.00 ) <br />plus interest Borrower has promised to pay this debt in regular Periodic Paynnents and to pay the debt in full not later than <br />FEBRUARY 1, 2018. <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(G) "Gran" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and <br />all sums due under this Security Instrument, plus interest <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed <br />by Borrower [check box as applicable]: <br />LI Adjustable Rate Rider — Condominium Rider C! Second home Rider <br />L— Balloon Rider J Planned Unit Development Rider Monts) [specify] <br />L— 1-4 Family Rider ---- I Biweekly Payment Rider <br />NEBRASKA Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Initials:. ✓' <br />Fmni 3029 1/01 Page 1 of 8 HEUDEED 0109 <br />