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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 01/082002 among the Grantor, TIMOTHY 1, HOLLOWAY AND PATRICE M HOLLOWAY,
<br />HUSBAND AND WIFE ( "Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address is P. O. Be. 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the O
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws ofNEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). p
<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 ail 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: 4607 TARA PLACE, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT THIRTY NINE (39) RAVENWOOD SUBDIVSION, HALL COHN'FY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convoccurs and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to I.ender 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 01/08/2002
<br />Future advances: The above amount is secured even though all or par[ 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 dale of this deed of trust is executed.
<br />❑ Revolving line of credit agreement dated __, wiW 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 oftrusl is executed.
<br />The above obligation is due and payable on January 15, 2012 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 $19,790.27, 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 />p 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 />DF,SIGNA'fION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iddached to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is anachcd m this deed ofimo and made a part hereof.
<br />SIGNATURES: By signing b ow, Burrower agree to the terms and convenanis contained in this deed of trust, including those an page
<br />2, sad in may riders describ ab 4lgned by Bo rr er.
<br />TIMOTHY f. HOLLOWAY• PATRI M 11013,0WAY
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 01/08/2002
<br />By TIMOTHY L HOLLOWAY and PATRnICE M HOLLOWAY, HUSBAND AND WIFE
<br />Mycommissum.spim.
<br />(Notary Public)
<br />'A i LARAL NOIgHY -81ate of NCOrtlsW
<br />SHARON K KLEINT
<br />l My Lo:nm. Exp. Dec 3, 2EB
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<br />PARTIES: This Deed of Trust is made on 01/082002 among the Grantor, TIMOTHY 1, HOLLOWAY AND PATRICE M HOLLOWAY,
<br />HUSBAND AND WIFE ( "Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address is P. O. Be. 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the O
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws ofNEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). p
<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 ail 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: 4607 TARA PLACE, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT THIRTY NINE (39) RAVENWOOD SUBDIVSION, HALL COHN'FY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convoccurs and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to I.ender 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 01/08/2002
<br />Future advances: The above amount is secured even though all or par[ 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 dale of this deed of trust is executed.
<br />❑ Revolving line of credit agreement dated __, wiW 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 oftrusl is executed.
<br />The above obligation is due and payable on January 15, 2012 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 $19,790.27, 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 />p 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 />DF,SIGNA'fION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iddached to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is anachcd m this deed ofimo and made a part hereof.
<br />SIGNATURES: By signing b ow, Burrower agree to the terms and convenanis contained in this deed of trust, including those an page
<br />2, sad in may riders describ ab 4lgned by Bo rr er.
<br />TIMOTHY f. HOLLOWAY• PATRI M 11013,0WAY
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 01/08/2002
<br />By TIMOTHY L HOLLOWAY and PATRnICE M HOLLOWAY, HUSBAND AND WIFE
<br />Mycommissum.spim.
<br />(Notary Public)
<br />'A i LARAL NOIgHY -81ate of NCOrtlsW
<br />SHARON K KLEINT
<br />l My Lo:nm. Exp. Dec 3, 2EB
<br />
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