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DEED OF TRUST 200302032 PARTIES: This Deed of Trust is made on 02/14/2003 among, the Grantor, 'I A BUN ION AND ANGELA T BENTON, HUSBAND AND WIFE ( "Borrower "), AREND R BAACK, ATTORNEY, whose residence address is 13. O. Box 990, Grand Island, Hall County, Nebraska (`Tmstce'), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the Inws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NI'.BRASKA 68801 ( "Lender'). CONVE.VANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of which Bon'ower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rightsof- way, easements, rent,, issues, profits, income. Tenements, hereditanrents, privileges and any appurtenances thereunto belonging (all called the ..property„). PROPER 'I Y ADDRESS: 3111 KENNEDY CIRCLE, GRAND ISLAND. Nebraska 68803 LEGAL DESCRIPTION: LOT THREE (3) FIT OCK ONE (1) COLONIAL LSTAT ES SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HAI.I C'OUN'TY, NEBRASKA. Located in Hall County, Nebraska, TITLE: Borrower convenants and outrun Is title to the property, except for SECURED DEBT: This deed of trust secures to Lender repayment of the scented debt and the pcaturremou of the convenznts and agreement, 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 Borrower owes to Lender undo, this deed of trust Or under any in,trument secured by this deed of trust, and all modifications, extensions and renewals thereof. The secured debt is evidenced by (list all instruments and agreennents secured by this deed Of .rust and the dates th,vOCC E3 A PROMISSORY NOTE AND SEC UIt11Y AGREEMENT DATED 02/14/2003 a Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances arc contemplated and will be secured to the same extent as if made on the date ofthis deed Of ttust is executed. ❑ Revolving line of credit agreemeu dalal , with initial annual interest into of All amounts .,oil under this agreement are secured even though all amounts may not yet he advanced. Future advances under the agreement are contemplated and will be secured to the same extent as fmade on die date this deed entrust is executed. The above obligation is due and payable on March 01. 2008 if not paid earlier. The total unpaid balance secured by this deed of (Test at any one time shall not exceed a maximum principal amount of $1205550, plus interest, plus any amounts disbursed under the terms of this deed of nest to protect the sccu'ity of this deed Of trust or to perforin are of the covenants contained in this deed of trust, with interest un such dishursements. ❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. ❑ A copy of the loan agrecnnent eninuming the terms under which the interest rate may vary is attached to this deed oftrun and made a part hereof. RIDERS: ASSIGNMENT OF RLN'I S DESIGNATION OF HOMESTEAD Pursuant to the Earth Homestead Protection Act, designation of homestead iQttached to this deed of trust and made a part hereof has [J been d isclainted; t'>C`61 41aoa is attached to this deed Of trust and made a part hereof. )UR S: By e' (ry slow, orrower agree to the torus and traversals contained in this deed of trust, including those on page r' fs cs nber ve signed by Borrower. i j � 1 A BENTO_ ANGELA BENTON ACKNOWLEDGMENT: STATE OF NEBRASKA. IALL COUNTY SS: The foregoing instrument was acknowledged before me oa 02/14/2003 By TY A BENTON and ANGELA T BI'. NI ON, HUSBAND AND WIFE My cennni.,on cxpi s: GENERAL NOTARY- Stale of Nebraska /1 - JACALYN-AAYOUB .F,!= MYCornp Erp. -7-1' "T, Lr- I--�e- LLL 66bCCG - - -e. - rya,- l— (Noary Public) m rn x D Q n 2 R m ry o cu fib' 9 -z-i I Ul I n St to O CD C Q G V v w N 2 Ch DEED OF TRUST 200302032 PARTIES: This Deed of Trust is made on 02/14/2003 among, the Grantor, 'I A BUN ION AND ANGELA T BENTON, HUSBAND AND WIFE ( "Borrower "), AREND R BAACK, ATTORNEY, whose residence address is 13. O. Box 990, Grand Island, Hall County, Nebraska (`Tmstce'), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the Inws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NI'.BRASKA 68801 ( "Lender'). CONVE.VANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of which Bon'ower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rightsof- way, easements, rent,, issues, profits, income. Tenements, hereditanrents, privileges and any appurtenances thereunto belonging (all called the ..property„). PROPER 'I Y ADDRESS: 3111 KENNEDY CIRCLE, GRAND ISLAND. Nebraska 68803 LEGAL DESCRIPTION: LOT THREE (3) FIT OCK ONE (1) COLONIAL LSTAT ES SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HAI.I C'OUN'TY, NEBRASKA. Located in Hall County, Nebraska, TITLE: Borrower convenants and outrun Is title to the property, except for SECURED DEBT: This deed of trust secures to Lender repayment of the scented debt and the pcaturremou of the convenznts and agreement, 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 Borrower owes to Lender undo, this deed of trust Or under any in,trument secured by this deed of trust, and all modifications, extensions and renewals thereof. The secured debt is evidenced by (list all instruments and agreennents secured by this deed Of .rust and the dates th,vOCC E3 A PROMISSORY NOTE AND SEC UIt11Y AGREEMENT DATED 02/14/2003 a Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances arc contemplated and will be secured to the same extent as if made on the date ofthis deed Of ttust is executed. ❑ Revolving line of credit agreemeu dalal , with initial annual interest into of All amounts .,oil under this agreement are secured even though all amounts may not yet he advanced. Future advances under the agreement are contemplated and will be secured to the same extent as fmade on die date this deed entrust is executed. The above obligation is due and payable on March 01. 2008 if not paid earlier. The total unpaid balance secured by this deed of (Test at any one time shall not exceed a maximum principal amount of $1205550, plus interest, plus any amounts disbursed under the terms of this deed of nest to protect the sccu'ity of this deed Of trust or to perforin are of the covenants contained in this deed of trust, with interest un such dishursements. ❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. ❑ A copy of the loan agrecnnent eninuming the terms under which the interest rate may vary is attached to this deed oftrun and made a part hereof. RIDERS: ASSIGNMENT OF RLN'I S DESIGNATION OF HOMESTEAD Pursuant to the Earth Homestead Protection Act, designation of homestead iQttached to this deed of trust and made a part hereof has [J been d isclainted; t'>C`61 41aoa is attached to this deed Of trust and made a part hereof. )UR S: By e' (ry slow, orrower agree to the torus and traversals contained in this deed of trust, including those on page r' fs cs nber ve signed by Borrower. i j � 1 A BENTO_ ANGELA BENTON ACKNOWLEDGMENT: STATE OF NEBRASKA. IALL COUNTY SS: The foregoing instrument was acknowledged before me oa 02/14/2003 By TY A BENTON and ANGELA T BI'. NI ON, HUSBAND AND WIFE My cennni.,on cxpi s: GENERAL NOTARY- Stale of Nebraska /1 - JACALYN-AAYOUB .F,!= MYCornp Erp. -7-1' "T, Lr- I--�e- LLL 66bCCG - - -e. - rya,- l— (Noary Public)