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<br />DEED OF TRUST 200300868
<br />PARTIES: This Deed ofTnat is made on 01 /Li /2003 among, the Grantor, JERRY THIEL, A SINGLE PERSON (`Borrower ").
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand island, Hall County, Nebraska C'Imstae"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />NEB
<br />laws of RASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NFBRASKA 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 rights-of
<br />way, easements, rents, issues, profits, income, tenements, hereditements, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 1405 N WALNUT ST.. GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT SIX (6), BLOCK ET EVEN (11), SCIBMMFRS AUDI I ION I D THE Cl l Y OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants end warrants title to the propeny- except for
<br />SECURED DEBT: This deed of trust secures to Lender repayment of the secured debt and the performance of the consonants and agreements
<br />eunlainrd in this' decd of trust and in any other document incorporated herein. Secured dabs, as used in [his deed of [rust, includes any amounts
<br />Borrower owes to Lender under this deed oThirst or under any n,liti nenl secured by this decd of trust, and all modifications, extensions and
<br />renewals thereof.
<br />the secured debt is evidenced by (List all insn'umeuls and agreements secured by this deed of trust and the dates thereof)'
<br />® A PROMISSORY NOTEAND SECURITY AGREEMENT DATED 01 /15/2003
<br />® Future ad,a.ee,: The above amount is .located even though all or part of it may not yet he advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made on the dare of this deed of rust is executed.
<br />❑ Revolving line of credit agreement dated _ .with initial annual interest rate of
<br />All amounts owed under this agreement arc 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 decd oft and is executed.
<br />The above obligation is due and payable on May 21, 2003 ifnot paid earlier.
<br />The total unpaid balance scarred by this deed of trust it any one time shall not exceed a maximum principal amount of $2,069,72, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of most or to perform any of the
<br />covenants contained in this deed of trust, with interest on such disbursements.
<br />❑ Variable Rate: The interest to 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 RI -N'IS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Promotion Act, designation of homestead i(bnached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of Imst and made a part hereof
<br />SIGNATURE S: Y signing below, Borrower agree to the terms and co avcnanls contained in this deed of trust, including those on page
<br />2, and in any rid s described abo1, r red by Borrower.
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing imamment was acknowledged before me on 01, 1 5 2003
<br />By JERRY THIEL, A SINGLE PERSON J ���999
<br />My commission expires: /A > J/
<br />_ � (Notary Public)
<br />III GUiEP,ALNOTARY- 9t0(e0INebr8M
<br />CHRIS L. KASKIE
<br />My coma. Exp. Dr. 29, 2001
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