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<br />DEED OF TRUST
<br />PARTIES: This Decd of Trust is made on 04/18/2003 among, the Grantor, RANDALL G MASON AND DEBRA I MASON, HUSBAND
<br />AND WIFE ( "Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND WAN ASSOCI A'1lON 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, casements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 1710 HANOVER LN, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT ELEVEN (11), BLOCK THREE (3), IN BIT, AIR ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in 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 convenants and agreements
<br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this decd of trust, includes any amounts
<br />Bnrrnwcr 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 (hereof):
<br />E A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/18/2003
<br />Fuhrre 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 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 are contemplated and will be secured to the some extent as if made on the date this decd of trust is executed.
<br />The above obligation is due and payable on May 02, 2008 ifnot 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 $25,496.29, 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 />E] Variable Rate: The interest rate on the obligation secured by this deed of tmst may vary according to the terms of that obligation.
<br />F-1 A copy of the loan agreement containing the terns under which the interest rate may vary is attached to this deed of trust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead idttached to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is attached to this deed oftmst and made apart hereof.
<br />SIGN A'I'II RES: By signing below, Borrower agree to the terms and convelanta- ontaine it' n this deed of trust, including those on page
<br />2, and in any nd cribed aboilesigned by Borrower.
<br />RAND LL G MASON rBRA d MASON
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 04/18/2003
<br />By RANDALL G MASON and DEBRA I MASON,, HUSBAND AND WIFE �/
<br />My commission expires: Ce-, Z� 7470 / &/ /
<br />vG�/jlln�•� / ��G�/`+Motary Public)
<br />SEVERAL 111ARYSIaIeat Monti
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<br />CHRIS L KASKIE
<br />L7 Comm. Its. Ma 29,2M
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<br />200306920
<br />PARTIES: This Decd of Trust is made on 04/18/2003 among, the Grantor, RANDALL G MASON AND DEBRA I MASON, HUSBAND
<br />AND WIFE ( "Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND WAN ASSOCI A'1lON 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, casements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 1710 HANOVER LN, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT ELEVEN (11), BLOCK THREE (3), IN BIT, AIR ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in 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 convenants and agreements
<br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this decd of trust, includes any amounts
<br />Bnrrnwcr 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 (hereof):
<br />E A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/18/2003
<br />Fuhrre 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 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 are contemplated and will be secured to the some extent as if made on the date this decd of trust is executed.
<br />The above obligation is due and payable on May 02, 2008 ifnot 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 $25,496.29, 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 />E] Variable Rate: The interest rate on the obligation secured by this deed of tmst may vary according to the terms of that obligation.
<br />F-1 A copy of the loan agreement containing the terns under which the interest rate may vary is attached to this deed of trust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead idttached to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is attached to this deed oftmst and made apart hereof.
<br />SIGN A'I'II RES: By signing below, Borrower agree to the terms and convelanta- ontaine it' n this deed of trust, including those on page
<br />2, and in any nd cribed aboilesigned by Borrower.
<br />RAND LL G MASON rBRA d MASON
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 04/18/2003
<br />By RANDALL G MASON and DEBRA I MASON,, HUSBAND AND WIFE �/
<br />My commission expires: Ce-, Z� 7470 / &/ /
<br />vG�/jlln�•� / ��G�/`+Motary Public)
<br />SEVERAL 111ARYSIaIeat Monti
<br />��
<br />CHRIS L KASKIE
<br />L7 Comm. Its. Ma 29,2M
<br />
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