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<br />DEED OF TRUST
<br />200302624
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<br />PARTIES: This Deed of Trust is made on 02/28/2003 mnong, the Grantor, HAROLD I LESSIG, A SINGLE PERSON (`Borrower "), C
<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 fNEBRASKA whose address is 221 SOUTII LOCUST S'I RUE, '1', GRAND ISLAND, NEBRASKA 68801 ( "Lender').
<br />CONVEYANCE: For value received, Borrower irrevocably goods and conveys to Trustee, in trust, with power of sale, the real properly, 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, hereditanients, privileges and any appurtenances thereunto belonging (all called the
<br />"properly„).
<br />PROPERTY ADDRESS: 1407 N LAFAYETTE, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT NINE (9), BLOCK (9), IN SHERIDAN PLACE, BEING A PART OF BLOCK TEN (10) OF HARRISON'S SUBDIVISION OF THE
<br />SOUTHWEST QUARTER OF 'I '[IF, SOUTHEAST QUARTER (SWI /4, SF.I /4) OF SECTION EIGHT (8) OF TOWNSHIP ELEVEN (11)
<br />NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., GRAND ISLAND, 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 oftrust, includes any amounts
<br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed oftrust, 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 />M A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 0228/2003
<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 he secured to the same extent as if made on the date of this deed of trust 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 deed of trust is executed.
<br />The above obligation is due mid payable on September 02, 2003 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 $4,310.55, plus
<br />interest, plus any amounts disbursed under the terms of this decd of trust to protect the security of this deed of trust or to perform any of the
<br />eovenmrts contained in this deed of trust, with interest on such disbursements.
<br />❑ Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />❑ A copy of the loan agreement containing the terns under which the interest rate may vary is attached to this decd oftrust and
<br />made a part hereof.
<br />RIDERS: ASSIONMEN'1' OF RF:N'I'S
<br />Pursuant to the Farm Homestead Putoction Act, designation of homestead il�lttached to this deed of trust and made a part hereof has
<br />❑ been disclaimed, the disclaimer is attached to this deed oftrust and made a part hereof,
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including, those on page
<br />2, and in any riders described above signed by Burrower.
<br />7J� ed � . ;Le 4y
<br />HAROLD J LESSIC
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COGN'I'Y SS: �4' LNFnAL NOTARY-State m Nebitska
<br />The foregoing instrument was acknowledged before me on 02/28/2003 BARRY G. SANDSTROM
<br />By HAROLD ,I LESSIC, A SINGLE PERSON My Comm. bio. June 302005
<br />My commission expires: V e,- 50'C'5
<br />�' --( ( otary Public)
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