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PART IES: This Decd of Trust is made on 04 /29/2003 among, the Grafton LARRY GYDESEN AND AMANDA M GYDLSLN, HUSBAND
<br />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 SA V INGS AN 1) LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA wimse address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender")_
<br />CONVEYANCE: Tor 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 iightsbf-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appunenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 239 S PLUM, GRAND ISLAND, Nebraska 68801
<br />LEGAL DFSCIUVIION:
<br />LOI SIX (6), If OCK ON[ (1) IN KOEHLER'S PLACE SUBDIVISION', AN ADDITION TO TIIF CI "fY OF GRAND 151 AND, IIALL
<br />COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower consonants and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to Lcndcr repayment of the secured debt and the performance of the convenanrs and agreements
<br />contained in this deed of trust and in any other doe mucar 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 insttnment secured by this deed of trust, and all modifications, extensions and
<br />renewals thereof.
<br />The secured debt is evidenced by (Lis( all instruments and agreements secured by this decd of trust and the dates thereofF
<br />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04,29/2003
<br />® Future advances: The above amount is secured even though all or part of it may not yet be advanced. Puture advances are
<br />contemplated and will be secured to the same extent as if made on the data 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 ae contemplated and will be secured to the some extent as if made on the date this deed of trust is executed.
<br />The abate Obligation is due and payable on May 10, 2006 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 $5,071 10, plus
<br />interest, plus any amounts disbursed under the terns of this deed of trust to protect the security of this deed of trust or to perfOrm any of the
<br />wvatants conmined in [his deed of [rust, 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 lost agreement containing the terms under which the interest rate may vary is attached TO this deed of tmst and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT Ol RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i "ttached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached F. this decd of trust and made a part hereof
<br />SIGNATUPLESh By signing belo Borrower agree to the terors and couvenauts contained in this deed of trust, including those on page
<br />2, and in a r ors described ve sired by Borrower.
<br />LAARVGYE EN AMANDA M GYDF.SF
<br />ACKNOWLEDGMENT: STATE OF NFBRASK A, I IALL COUN I Y SS'
<br />The foregoing instrument was acknowledged before me on 0429/2003
<br />By LARRY GYDTSEN and AMANDA M GYDESEN, HUSBAND AND WIT
<br />My commission expires:
<br />Notary Public)
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<br />DEED OF TRUST
<br />C
<br />PART IES: This Decd of Trust is made on 04 /29/2003 among, the Grafton LARRY GYDESEN AND AMANDA M GYDLSLN, HUSBAND
<br />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 SA V INGS AN 1) LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA wimse address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender")_
<br />CONVEYANCE: Tor 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 iightsbf-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appunenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 239 S PLUM, GRAND ISLAND, Nebraska 68801
<br />LEGAL DFSCIUVIION:
<br />LOI SIX (6), If OCK ON[ (1) IN KOEHLER'S PLACE SUBDIVISION', AN ADDITION TO TIIF CI "fY OF GRAND 151 AND, IIALL
<br />COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower consonants and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to Lcndcr repayment of the secured debt and the performance of the convenanrs and agreements
<br />contained in this deed of trust and in any other doe mucar 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 insttnment secured by this deed of trust, and all modifications, extensions and
<br />renewals thereof.
<br />The secured debt is evidenced by (Lis( all instruments and agreements secured by this decd of trust and the dates thereofF
<br />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04,29/2003
<br />® Future advances: The above amount is secured even though all or part of it may not yet be advanced. Puture advances are
<br />contemplated and will be secured to the same extent as if made on the data 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 ae contemplated and will be secured to the some extent as if made on the date this deed of trust is executed.
<br />The abate Obligation is due and payable on May 10, 2006 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 $5,071 10, plus
<br />interest, plus any amounts disbursed under the terns of this deed of trust to protect the security of this deed of trust or to perfOrm any of the
<br />wvatants conmined in [his deed of [rust, 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 lost agreement containing the terms under which the interest rate may vary is attached TO this deed of tmst and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT Ol RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i "ttached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached F. this decd of trust and made a part hereof
<br />SIGNATUPLESh By signing belo Borrower agree to the terors and couvenauts contained in this deed of trust, including those on page
<br />2, and in a r ors described ve sired by Borrower.
<br />LAARVGYE EN AMANDA M GYDF.SF
<br />ACKNOWLEDGMENT: STATE OF NFBRASK A, I IALL COUN I Y SS'
<br />The foregoing instrument was acknowledged before me on 0429/2003
<br />By LARRY GYDTSEN and AMANDA M GYDESEN, HUSBAND AND WIT
<br />My commission expires:
<br />Notary Public)
<br />W ANNT.NFbOhWNY• A I IGIY AP1 W
<br />1/6hBm mM$70
<br />
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