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DEED OF TRUST
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<br />DEED OF TRUST
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<br />PARTIES: This Deed of Trust is made on 01/102003 among, the Grantor, Robert L Earh AND Marcia L Find, Husband and Wife
<br />( "Borrower"), _
<br />AREND R HAACK, ATTORNEY, whose residence address is P. O. Be, 790, Grand island, Hall County, Nebraska ('"Trusted'), and the o
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing onder 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 lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rightsbf-
<br />way, easements, rears, issues, profits, income, tenements, heredltaments, privileges and any appurtenances thereunto belonging (all called the
<br />PROPERTY ADDRESS: 4030 Regal Dr, Grand Island, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />Lot Thirteen (13), Castle Estates Subdivision, Hall County, Nebraska
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed oftrust 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 trader 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 thereof.)
<br />IS A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 01/10/2003
<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 i f made on the dale of this deed of trust is execoted.
<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 of trust is executed.
<br />The above obligation is due and payable on January 15, 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 $13,838.97, 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 REN IS
<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 hest and made a pan hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in his deed of trust, including those on page
<br />2, and in any Odanis described above signed by Borrower.
<br />Robert L Earl] Marcia L Earl]
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 01/10'2003
<br />By Robert L Earll and Marcia L Fall, Husband and Wife
<br />My commission expires: be . 2-q, 2uA
<br />(Notary Public)
<br />GENENAL N..ANY -Slsle of Ne6msYa
<br />CHRIS L . KASKIE
<br />Bl' Comm Eep. Dec. 29, 2004
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