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DEED OF TRUST
<br />200303667
<br />PARTIES: This Deed of Trust is made on 03/20/2003 among, the Grantor, JOSEPH N HOCKENSMITH AND KAYLENE D
<br />HOCKENSMI'I 11, Ht1SBAND AND WIFE ( "Borrower "),
<br />A (LEND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska (`"trustee "), and the
<br />Beneficiary, HOMH PIiDURAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST S'IREF 1, GRAND ISLAND, NEBRASKA 68801 ("Lender"). O
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Bnrrowe, is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -n6
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 15421 S H I I i A OI' ROAD, HASTINGS, Nebraska 68901
<br />LEGAL DESCRIPTION:
<br />A
<br />LOT ONE, (1), HOCKENSMITH SUBDIVISION, MARS. COUNTY, NEBRASKA
<br />HALL
<br />YAAkIIALL
<br />Located inviUkounty, Nebraska.
<br />TITLE: Borrower convertors 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 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 />'I he secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof'.):
<br />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/20/2003
<br />M 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 oftrust is executed.
<br />❑ Revolving line ofcredit agreement dated , with initial annual interest rate of
<br />All amounts owed under this agreernent 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 oftrust is executed.
<br />The above obligation is due and payable on May 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 $28,073.50, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />covenants eonmined in this deed oftrust, with interest on such disbursements.
<br />❑ Variable Rate: 'I'he interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />O 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 iEl0.ached to this deed of trust and made a pad hereuf 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 an page
<br />2, and in any riders described above signed by Borrower.
<br />JO EPH N HOCKENSMITH KAYLENE D HOCKENSMITH
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS;
<br />The foregoing instrument was acknowledged before me on 03/20/2003
<br />By JOSEPH N HOCKENSMITH and KAYLENE D HOCKENSMITH, HUSBAND AND WIFE /
<br />My commission expires: L / /� �C /fA /5
<br />r �ly�, /J A• 1 111 (Notary Public)
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<br />DEED OF TRUST
<br />200303667
<br />PARTIES: This Deed of Trust is made on 03/20/2003 among, the Grantor, JOSEPH N HOCKENSMITH AND KAYLENE D
<br />HOCKENSMI'I 11, Ht1SBAND AND WIFE ( "Borrower "),
<br />A (LEND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska (`"trustee "), and the
<br />Beneficiary, HOMH PIiDURAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST S'IREF 1, GRAND ISLAND, NEBRASKA 68801 ("Lender"). O
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Bnrrowe, is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -n6
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 15421 S H I I i A OI' ROAD, HASTINGS, Nebraska 68901
<br />LEGAL DESCRIPTION:
<br />A
<br />LOT ONE, (1), HOCKENSMITH SUBDIVISION, MARS. COUNTY, NEBRASKA
<br />HALL
<br />YAAkIIALL
<br />Located inviUkounty, Nebraska.
<br />TITLE: Borrower convertors 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 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 />'I he secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof'.):
<br />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/20/2003
<br />M 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 oftrust is executed.
<br />❑ Revolving line ofcredit agreement dated , with initial annual interest rate of
<br />All amounts owed under this agreernent 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 oftrust is executed.
<br />The above obligation is due and payable on May 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 $28,073.50, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />covenants eonmined in this deed oftrust, with interest on such disbursements.
<br />❑ Variable Rate: 'I'he interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />O 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 iEl0.ached to this deed of trust and made a pad hereuf 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 an page
<br />2, and in any riders described above signed by Borrower.
<br />JO EPH N HOCKENSMITH KAYLENE D HOCKENSMITH
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS;
<br />The foregoing instrument was acknowledged before me on 03/20/2003
<br />By JOSEPH N HOCKENSMITH and KAYLENE D HOCKENSMITH, HUSBAND AND WIFE /
<br />My commission expires: L / /� �C /fA /5
<br />r �ly�, /J A• 1 111 (Notary Public)
<br />Willy raska
<br />LS
<br />004
<br />
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