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PARTIES: This Deed of Trust is made on 05/19/2003 among, the Grantor, DEBORAH L TROSPER AND ROBERT E TROSPER, (WIFE
<br />AND HUSBAND) (`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 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 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: 1722 iDLEWOOD LN, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT TWENTY (20), BLOCK TWO (2), BEL -AIR ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in I Iall County, Nebraska.
<br />TITLE: Borrower convenams 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 conventions and agreements
<br />contained in this deed 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 seemed 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 />E A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 05/19/2003
<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 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 same extent as if made on the date this deed of "at is executed
<br />The above obligation is due and payable on November 05, 2005 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 $21,861.00, plus
<br />interest, plus any amounts disbursed under the terms of this decd 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 terns 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 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 iattached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer, is attached to this decd of trust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those on page
<br />2, and o peders described above igned b drrower. L -,¢ /, J Dili old ��?
<br />DEBORAH L TRUSTER ROBERT E TROSPER
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05/19/2003
<br />By DEBORAH L TROSPER and ROBERT E TROSPER,
<br />My commission expires: k �L' U1 D3
<br />�I�1��( fN. � )� (Notary Public)
<br />p., GENERAL NOTARY -Stale of Nebraska
<br />!' SHARON K KLEINT
<br />y���'° My Comm. Exp. Dec 7, 2000
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<br />DEED OF TRUST
<br />200307056
<br />°
<br />PARTIES: This Deed of Trust is made on 05/19/2003 among, the Grantor, DEBORAH L TROSPER AND ROBERT E TROSPER, (WIFE
<br />AND HUSBAND) (`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 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 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: 1722 iDLEWOOD LN, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT TWENTY (20), BLOCK TWO (2), BEL -AIR ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in I Iall County, Nebraska.
<br />TITLE: Borrower convenams 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 conventions and agreements
<br />contained in this deed 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 seemed 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 />E A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 05/19/2003
<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 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 same extent as if made on the date this deed of "at is executed
<br />The above obligation is due and payable on November 05, 2005 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 $21,861.00, plus
<br />interest, plus any amounts disbursed under the terms of this decd 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 terns 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 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 iattached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer, is attached to this decd of trust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those on page
<br />2, and o peders described above igned b drrower. L -,¢ /, J Dili old ��?
<br />DEBORAH L TRUSTER ROBERT E TROSPER
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05/19/2003
<br />By DEBORAH L TROSPER and ROBERT E TROSPER,
<br />My commission expires: k �L' U1 D3
<br />�I�1��( fN. � )� (Notary Public)
<br />p., GENERAL NOTARY -Stale of Nebraska
<br />!' SHARON K KLEINT
<br />y���'° My Comm. Exp. Dec 7, 2000
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