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<br />DEED OF TRUST
<br />200306418
<br />O
<br />PARTIES: This Deed of Trust is nmde on 05/12/2003 among, the Grantor, LONNIET MEYER AND ANGELA M MEYER, HUSBAND AND
<br />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 right, -o&
<br />way, easements, rents, issues, profits, income, tenements, hercditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property').
<br />PROPERTY ADDRESS: 1311 W 1 ST STREET, GRAND ISI.AND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT TWO (2) IN BLOCK ONE (1) OF ELM PLACE ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY. NEBRASKA
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convertors and won rants 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 convenarts and agreements
<br />contained in this decd 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 />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 DA I'UD 05/12/2003
<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 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 ,or be advanced. Future advances under
<br />the agreement are contemplated and will be secured to the same extent as if made on the dale this dad oftrust is executed.
<br />The above obligation is due and payable on May 20, 2006 if not paid earlier.
<br />The total unpaid balance seemed by this deed of trust at any one time shall not exceed a maximum principal amount of ,$6,65550, 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 deed of itusl, 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 Late may vary is attached to thin deed oftrust and
<br />made a part hereof
<br />RIDERS: ASSIGN MEN 'I OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i.�Inached to this deed of trust and made a purl hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made apart 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 riders escribed above signed by Borrower.
<br />SCbnce ANGELA M Il x
<br />lh'1'MEYE ANGELA MEY
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05/12,2003
<br />By LONNIE T MEYER and ANGELA M MEYER, HUSBAND AND WIFE
<br />My commission expires:. _ 3 Z d Z oti 7
<br />_ Notary Puhlic)
<br />XOTNIP•I41YaIPMAN
<br />AN7MON'f R CIVtPMAN
<br />MYEOnnR 11tstdt 24 , 2M7
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