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<br />Der:n OF TRUST
<br />200304312
<br />PAR'1'IE.S: This Deed of Trust is made on 04/02/2003 among, the Grantor, RAJJDALL 1 BOHNART AND KATHY A BOHNART,
<br />HUSBAND AND WIFE ( "Borrower"),
<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 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 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, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereonto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 4426 DRAKE LN, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT TWENTY (20), HIDDEN LAKES SUBDIVISION NUMBER FOUR, HALL COUNTY, NEBRASKA.
<br />Looated m Hall County, Nebraska,
<br />TITLE: Borrower convenants 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 convonants 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 Leader under this decd of trust or under any instrument secured by this decd 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 />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/02/2003
<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 sane extent as if made 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 April 25, 2005 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 ,$6,073.50, 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 contained in this decd oflrust, 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 oftiust and
<br />made a pat hereof.
<br />RI DERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF IIOMF.S'I l /AD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iQuached to this decd 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 consonants contained in this deed of trust, including those on page
<br />2, and in any r ers described above signed by Borrower. // 0,4
<br />ANDALL.I BO ART KAT'HY(,k BOHNART
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 04/02/2003
<br />By RANDALL 113011NAR land KA'I'I I A 1101 INAR'I" , I It SRAND AND WIFE
<br />Mycomo( ,1 Fi, �), �1
<br />DEBORAH J. NORMAN _. (Notary Public)
<br />BY Cwnm. DR SeI, 19, 2005
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