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PARTIES: This Deed of Trust is made on 03/29/2003 among, the Grantor, STEVEN E STAHLNECKER AND CYNTHIA M <br />STAHLNECKER, HUSBAND AND 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 mganiud 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 irrevocably grants and conveys to'I rustee, in mast, 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-.f- <br />way, casements, rents, issues, profits, income, tenements, heredilaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 316 E 20TH ST, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />EAST FIFTY (50) FEET LOT TWENTY ONE (21) AND FAST NINE (9) FEET LOT TWENTY (20), BLOCK TWO (2) KAWKREHM <br />ADDITION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />Located in Hail County, Nebraska <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SECURED DEBT: This deed of trust seemes to Lender repayment of the secured debt and the performance of the conventions 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 />Burrower 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 dates thereof): <br />M A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/29/2003 <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 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 ore 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 25, 2008 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 $5,993.23, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this decd 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 oftrusl may vary according to the terms ofthat 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 REN'T'S <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead i .Qttached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer Is attached to this deed of trust mid made a pmt 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 rid5A described above signed by Borrower. <br />xv, <br />STIEVEN E STAHLNECKER c —� CYNT A M STAHLNECKER <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COI INTY SS: <br />The foregoing instrument was acknowledged before me on 03/29/2003 <br />By STEVEN E STAI ILNECKER and CYNTHIA M STAHLNECKER, HUSBAND AND WIFE <br />My commission expires: <br />f GENERAL NOTARVSIaIe of Nebraska Munity Public) <br />CHRIS L KASKIE <br />By Comm. Eap. Oec. 29, 2004 <br />o_ —a <br />C <br />n 2 <br />Cll <br />tp <br />N <br />N <br />U'KD <br />� <br />Z <br />200304221 <br />DEED OF TRUST <br />PARTIES: This Deed of Trust is made on 03/29/2003 among, the Grantor, STEVEN E STAHLNECKER AND CYNTHIA M <br />STAHLNECKER, HUSBAND AND 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 mganiud 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 irrevocably grants and conveys to'I rustee, in mast, 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-.f- <br />way, casements, rents, issues, profits, income, tenements, heredilaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 316 E 20TH ST, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />EAST FIFTY (50) FEET LOT TWENTY ONE (21) AND FAST NINE (9) FEET LOT TWENTY (20), BLOCK TWO (2) KAWKREHM <br />ADDITION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />Located in Hail County, Nebraska <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SECURED DEBT: This deed of trust seemes to Lender repayment of the secured debt and the performance of the conventions 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 />Burrower 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 dates thereof): <br />M A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/29/2003 <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 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 ore 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 25, 2008 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 $5,993.23, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this decd 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 oftrusl may vary according to the terms ofthat 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 REN'T'S <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead i .Qttached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer Is attached to this deed of trust mid made a pmt 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 rid5A described above signed by Borrower. <br />xv, <br />STIEVEN E STAHLNECKER c —� CYNT A M STAHLNECKER <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COI INTY SS: <br />The foregoing instrument was acknowledged before me on 03/29/2003 <br />By STEVEN E STAI ILNECKER and CYNTHIA M STAHLNECKER, HUSBAND AND WIFE <br />My commission expires: <br />f GENERAL NOTARVSIaIe of Nebraska Munity Public) <br />CHRIS L KASKIE <br />By Comm. Eap. Oec. 29, 2004 <br />