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M D > n n o O T 2 \ ;\ rj c D N _ ti ills cc pl" o � 3 rr- y s y i N N W � rj� v > ~ p Co D = =1 I DEED OF TRUST - 0 PARTIES: This Deed of Trust is made on 02/06/3007 among, the Grantor, BILL MOWINKEL AND MARY JO A MOWINKEL, HUSBAND AND WIFE ("Borrower"), AREND R HAACK, ATTORNf:Y, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the Iaws of NEBRASKA whose address is 221 SOU "fl I LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender'). CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the teal property, of which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights-of way, easements, rents, issues, profits, income, tenemwits, hereditaments, privileges and any appurtenances thereunto belonging (all called the ..property„). PROPERTY ADDRESS: 1323 MEADOW RD, GRAND ISLAND, Nchooka 68803 LEGAL DESCRIPTION: LOT THREE (3), BLOCK ONE (1) 9UMMERFIELD ESTATES FIRST SUBDIVISION IN THY CITY OF GRAND ISLAND, HALL C'.OUNTY,NEBRASKA Located in flail County, Nebraska. TITLE: Borrower convenants and warrants title to the property, except for SECURED DEBT: This deed of tmvi aecures to Lender repayment of the secured debt and the performance of the convenanls and agrccments contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this decd oftmat, includes any amounts Borrower owes to Leader under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and renewals thereof. The secured debt is evidenced by (List ail instruments said agreements secured by this deed of trust and the dates thereof): ® A PROMISSORY NOTE AND SF,CURI'I Y AGREEMENT DATED 02,06/2003 ® Future advances: The above amount is secured even though all or part of it may not yet be advanced. Furore advances are contemplated and will be secured to the same extent as if made on the dale of this decd of trust is executed. ❑ Revolving line of credit agreement dated _ , with initial annual interest rate of All amounts owed under this agreement are secured even though all amounts may not yet be advanced. Future advances under the agreement are contemplated and will he secured to the same extent as if made on the date this deed of nest is executed. the above obligation is due and payable on February 13, 2008 ifnot paid earlier. The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of $19,205.50, plus 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 covenants contained in this deed oftrum, with interest on such disbursements. ❑ Variable Rate: The interest rate on the obligation secured by this decd oftmst may vary according to the terms ofthat obligation. ❑ A copy ofthe loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and made a part hereof. RIDERS: ASSIGNMENT OF RENTS DESIGNATION OF HOMES "I FAD Pursuant to the Farm Homestead Protection Act, designation of homestead i0ttached to this deed of trust and made a part her has ❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. SIGNATURES: By signing below, Borrower agree to the terms and convenors contained to this deed of trust, including those on page 2, and in an riders described above signed Borrower. BILL MOWINKEL MARYJWAMOWINKEL ' ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: The foregoing instrument was acknowledged before me on 02106/2003 By BILL MOWINKEL and MARY JO A MOWINKEL, HUSBAND AND WIFE My commission Public)