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DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 03/21/2003 among, the Grantor, MARK W MERRILL AND ELLEN M MERRILL, HUSBAND
<br />AND WIFE ( "Borrower'),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, !fall County, Nebraska ( "Trustee "), and the 1
<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 ( "Lender').
<br />CONVEYANCE: For value received, Borrower lnevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of 6
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, mid existing and future improvements thereon and all rights -of-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 2021 W.STATE, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />THE WEST SEVENTY -TWO FEET (W72') OF LOTS FIFTY- TIIREE (53) AND FIFTY -FOUR (54) AND THE WEST SEVENTY -TWO
<br />FEET (W72') OF THE NORTH FORTY -ONE FEET (N41') OF LOT FIFTY -TWO, ALL IN WEST LAWN ADDITION TO THE CITY OF
<br />GRAND ISLAND,HALL COUNTY, NEBRASKA
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower eonvenanls and warrants titleto the property, except for
<br />SECURED DEBT: This deed of trust 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 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 most and the dates thereof.):
<br />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/21/2003
<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 ifmade on the date ofthis 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 June 19, 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 $16,056.50, pons
<br />interest, plus any amounts disbursed under the terns of this decd 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 pan hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<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 trust and made apart hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those on page
<br />2, and in any rid fl ed above signed by Borrowe .
<br />�J_� --J�
<br />d MARK W MERLL ELLEN M MERRILL
<br />G11GIAL 111ABMSIate 01 Nth:..0
<br />III LISA B. MAYCB
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: J � My Comm. Em. May 1L', 2i63
<br />The foregoing instrument was acknowledged before me on 03/21/2003 _
<br />By MARK W MERRILL mid ELLEN M/,MERRILL, HUSBAND AND WIFE WIFFEE /�Lw {�/,�/ /,/7
<br />My commission expires: / U !`-' �_7 T `
<br />— _(IVOlary Public)
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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 03/21/2003 among, the Grantor, MARK W MERRILL AND ELLEN M MERRILL, HUSBAND
<br />AND WIFE ( "Borrower'),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, !fall County, Nebraska ( "Trustee "), and the 1
<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 ( "Lender').
<br />CONVEYANCE: For value received, Borrower lnevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of 6
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, mid existing and future improvements thereon and all rights -of-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 2021 W.STATE, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />THE WEST SEVENTY -TWO FEET (W72') OF LOTS FIFTY- TIIREE (53) AND FIFTY -FOUR (54) AND THE WEST SEVENTY -TWO
<br />FEET (W72') OF THE NORTH FORTY -ONE FEET (N41') OF LOT FIFTY -TWO, ALL IN WEST LAWN ADDITION TO THE CITY OF
<br />GRAND ISLAND,HALL COUNTY, NEBRASKA
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower eonvenanls and warrants titleto the property, except for
<br />SECURED DEBT: This deed of trust 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 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 most and the dates thereof.):
<br />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/21/2003
<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 ifmade on the date ofthis 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 June 19, 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 $16,056.50, pons
<br />interest, plus any amounts disbursed under the terns of this decd 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 pan hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<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 trust and made apart hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those on page
<br />2, and in any rid fl ed above signed by Borrowe .
<br />�J_� --J�
<br />d MARK W MERLL ELLEN M MERRILL
<br />G11GIAL 111ABMSIate 01 Nth:..0
<br />III LISA B. MAYCB
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: J � My Comm. Em. May 1L', 2i63
<br />The foregoing instrument was acknowledged before me on 03/21/2003 _
<br />By MARK W MERRILL mid ELLEN M/,MERRILL, HUSBAND AND WIFE WIFFEE /�Lw {�/,�/ /,/7
<br />My commission expires: / U !`-' �_7 T `
<br />— _(IVOlary Public)
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