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PARTIES: This Deed of Trust is made on 06/06/2003 among, the Grantor, TIMOTHY C LINDELL, A SINGLE PERSON (`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 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: 1403 N GRAND ISLAND AVE, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOT TWO HUNDRED SEVEN (207), IN WEST LAWN, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />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 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 DATED 06/06/2003 <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 trust is executed. <br />The above obligation is due and payable on June 20, 2007 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 $9,203.50, 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 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 iLttached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. <br />SIGNATURES: By signing below, Bor ower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in d above ed by Bprrower. <br />TP47C LINDEL <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 06/06/2003 <br />By TIMOTHY C LINDELL, A SINGLE PERSON <br />My commission expires: 3 l2 `I� 2001 <br />Notary Public) <br />GDEM M10TARY- 30dMll6raab <br />ANTHONY R CHAPMAN <br />* Cantu. ft M"2t W <br />D <br />o <br />C) U' <br />O <br />Q <br />0 <br />ti <br />ii <br />C <br />n = <br />` <br />l <br />m <br />N <br />x <br />Z <br />O � <br />rn <br />c <br />S <br />° <br />o y <br />(n a <br />JCL <br />ON <br />41Z3 <br />N <br />pQ Q <br />Q <br />co <br />D <br />r-� <br />-� <br />N <br />CDM <br />N <br />C <br />!r <br />DEED OF TRUST <br />PARTIES: This Deed of Trust is made on 06/06/2003 among, the Grantor, TIMOTHY C LINDELL, A SINGLE PERSON (`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 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: 1403 N GRAND ISLAND AVE, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOT TWO HUNDRED SEVEN (207), IN WEST LAWN, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />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 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 DATED 06/06/2003 <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 trust is executed. <br />The above obligation is due and payable on June 20, 2007 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 $9,203.50, 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 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 iLttached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. <br />SIGNATURES: By signing below, Bor ower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in d above ed by Bprrower. <br />TP47C LINDEL <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 06/06/2003 <br />By TIMOTHY C LINDELL, A SINGLE PERSON <br />My commission expires: 3 l2 `I� 2001 <br />Notary Public) <br />GDEM M10TARY- 30dMll6raab <br />ANTHONY R CHAPMAN <br />* Cantu. ft M"2t W <br />