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<br />DEEDOFTRUST 200302890
<br />PARTIES: This Deed of Trust is made on 02/28/2003 among, the Grantor, JAN A STEEPLE AND JUDY M STEEPLE, HUSBAND AND
<br />WIFE (`Borrower")
<br />AREND R HAACK. 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 of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 (Tender"). `p
<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, casements, rents, issues, profits, income, tenements, hcrcditamenls, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 3900 E GUENTHER, PHILLIPS, Nebraska 68865
<br />LEGAL DESCRIPTION:
<br />ALL, OF LOT FIVE (5) SITUATED IN S.W. QUARTER OF S.W. QUARTER OF SECTION TWELVE (12) IN 'TOWNSHIP TEN (10)
<br />NORTH RANGE NINE, WEST OF THE 6TH P.M. IN HALL COUNTY
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower eonvenants and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to lender repayment of the secured debt and the performance of the eonvenants 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 under 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 dales thereof):
<br />E A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/28/2003
<br />0 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 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 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 March 01, 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 $33,118.64, plus
<br />interest, plus any amounts disbursed under the tams 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 ofarma, 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 RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iQmxchcd to this deed of trust mid made a pan hereof has
<br />❑ been disclaimed; the disrlaimer is attached to this deed or trust and made u port hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and eonvenants contained in this deed of trust, including these on page
<br />2, and in an rs described above signed by Borrower.
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<br />J AS'TEEPLC UDY M AEEPLE
<br />GENERAL NOTARY State of Nebraska
<br />�� LISA R. MAYER
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: By Comm. Esp. May 1u, 20Q
<br />The foregoing instrument was acknowledged before me on 02/28/2003
<br />By JAN A STEEPLE and JUDY M� �STEEPLE, HUSBAND AND WI FF
<br />� AMy commission expires������
<br />(Notary Public)
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