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PARTIES: This Deed of Trust is made on 05/13/2003 among, the Grantor, TIMOTHY E THIENEL AND SHERRI f. THIENEL, (HUSBAND
<br />AND W IFE$'Borrower'),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("I mince "), 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 C "Lender').
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to 'Icast", 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 thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 1502 WEST ST, WOOD RIVER, Nebraska 68883
<br />LEGAL DESCRIPTION:
<br />LOT FIVE (5), THELEN SUBDIVISION, FIRST ADDITION TO WOOD RIVER, HALL COUNTY, NEBRASKA"
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convention; 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 convenants 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 />Burrower owes to Lender under this deed of trust or under any instrument secured by this deed of treat, 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 05/13/2003
<br />IM 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 rata of
<br />All amounts owed under this agreement arc 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 />'lhe above obligation is due and payable on May 17, 2009 if not paid earlier.
<br />The total unpaid balance secured by this deed of most at any one time shall not exceed a maximum principal amount of $25,482,42, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />covenants contained in this deed of trust, with interest on such disbursements.
<br />❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trusl and
<br />made a part hereof
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the farm I lomestead Protection Act, designation of homestead iLttaehed to this deed of tmst and made a pan hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />SIGNATURES: By signing below, Borrow re the terms and convenants contained in this deed of trust, including those on page
<br />ridersr s r'reTaTim _a' e�hy row e
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<br />TIMOTHY rTHIENEL SHERRI I. THIENEL
<br />ACKNOWLEDGMENT: SPATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05/13/2003
<br />By TIMOTHY E THIENEL and SHERRI I, THIENEL,
<br />(71 ____ (Notary Puhhc)
<br />My commission expires: III "(mot _
<br />III GENERAL NOTANVStale of NeN:sstn
<br />STEPHANIE LILIENTHAL
<br />My Cam.. fxp. Aup. 11, 2004
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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 05/13/2003 among, the Grantor, TIMOTHY E THIENEL AND SHERRI f. THIENEL, (HUSBAND
<br />AND W IFE$'Borrower'),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("I mince "), 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 C "Lender').
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to 'Icast", 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 thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 1502 WEST ST, WOOD RIVER, Nebraska 68883
<br />LEGAL DESCRIPTION:
<br />LOT FIVE (5), THELEN SUBDIVISION, FIRST ADDITION TO WOOD RIVER, HALL COUNTY, NEBRASKA"
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convention; 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 convenants 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 />Burrower owes to Lender under this deed of trust or under any instrument secured by this deed of treat, 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 05/13/2003
<br />IM 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 rata of
<br />All amounts owed under this agreement arc 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 />'lhe above obligation is due and payable on May 17, 2009 if not paid earlier.
<br />The total unpaid balance secured by this deed of most at any one time shall not exceed a maximum principal amount of $25,482,42, 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 trust, 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 of trusl and
<br />made a part hereof
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the farm I lomestead Protection Act, designation of homestead iLttaehed to this deed of tmst and made a pan hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />SIGNATURES: By signing below, Borrow re the terms and convenants contained in this deed of trust, including those on page
<br />ridersr s r'reTaTim _a' e�hy row e
<br />c
<br />TIMOTHY rTHIENEL SHERRI I. THIENEL
<br />ACKNOWLEDGMENT: SPATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05/13/2003
<br />By TIMOTHY E THIENEL and SHERRI I, THIENEL,
<br />(71 ____ (Notary Puhhc)
<br />My commission expires: III "(mot _
<br />III GENERAL NOTANVStale of NeN:sstn
<br />STEPHANIE LILIENTHAL
<br />My Cam.. fxp. Aup. 11, 2004
<br />
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