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PAR'PIES: This Deed of Trust is made on 01/08/2002 among, the Grantor, WILLIAM I GORDON AND MARTHA L GORDON,
<br />( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. 0. Be. 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 mid all rights,,- C
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />••property ").
<br />PROPERTY ADDRESS: 907 WEST CHAPMAN, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />"]'Ili EAST HALF OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER(EI/2NWI/4NE7/4) OF SECTION SEVENTEEN
<br />(17), TOWNSHIP T W FLV IC (12) NORTH, RANGE NINE (9) WEST OF THE 61I1 P.M., HALL COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenanls and warrants title to the property, except for
<br />SECURED DEBT: This deed oftrast secures to Lender repayment ofdie secured debt and the performance ofthe conventions and agreements
<br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed oftrust, 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 />nai.als thereof.
<br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust mid 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 pan 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 daze of this deed oftrust is executed.
<br />❑ Revolving line of credit agreement dated , with initial mount 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 oftrust is executed.
<br />The above obligation is due and payable on .lone 11, 2002 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 $6,486.75, 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 oust, with interest on such disbursements.
<br />f7 Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />F1 A copy ofthe loan agreement containing the terms under which the interest one may vary is attached to this deed of tmst and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENT'S
<br />DESIGNATION OF HOMESTEAD
<br />Pwsumrt to the Farm Homestead Protection Act, designation of homestead irioached to this deed of trust and made a part hereof has
<br />E] been disclaimed; the disclaimer is attached to this deed oftrust and made a pan hereof.
<br />SIGNATURES: By sign' ', Borrower agree to the terms and convento is contained in this deed of trust, including those on page
<br />2, and in any riders it ahov igned by Borrower.
<br />,may✓ fi. fC% (L?�C -fii1�
<br />WIL AM7GORDON GORMOY
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 01/08 _ 2{
<br />By WILLIAM I GORDON and MARTHA L GORDON, —�
<br />/ _
<br />My commission expires:��%-�
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<br />[ ry Public)
<br />6TNFBAL NOTAR' a R Nsaaaaa /
<br />pgTSYAKALKOWSKI
<br />MY Comm. Dp• ADdI P1, 200.4
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<br />DEED OF TRUST
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<br />PAR'PIES: This Deed of Trust is made on 01/08/2002 among, the Grantor, WILLIAM I GORDON AND MARTHA L GORDON,
<br />( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. 0. Be. 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 mid all rights,,- C
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />••property ").
<br />PROPERTY ADDRESS: 907 WEST CHAPMAN, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />"]'Ili EAST HALF OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER(EI/2NWI/4NE7/4) OF SECTION SEVENTEEN
<br />(17), TOWNSHIP T W FLV IC (12) NORTH, RANGE NINE (9) WEST OF THE 61I1 P.M., HALL COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenanls and warrants title to the property, except for
<br />SECURED DEBT: This deed oftrast secures to Lender repayment ofdie secured debt and the performance ofthe conventions and agreements
<br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed oftrust, 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 />nai.als thereof.
<br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust mid 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 pan 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 daze of this deed oftrust is executed.
<br />❑ Revolving line of credit agreement dated , with initial mount 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 oftrust is executed.
<br />The above obligation is due and payable on .lone 11, 2002 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 $6,486.75, 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 oust, with interest on such disbursements.
<br />f7 Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />F1 A copy ofthe loan agreement containing the terms under which the interest one may vary is attached to this deed of tmst and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENT'S
<br />DESIGNATION OF HOMESTEAD
<br />Pwsumrt to the Farm Homestead Protection Act, designation of homestead irioached to this deed of trust and made a part hereof has
<br />E] been disclaimed; the disclaimer is attached to this deed oftrust and made a pan hereof.
<br />SIGNATURES: By sign' ', Borrower agree to the terms and convento is contained in this deed of trust, including those on page
<br />2, and in any riders it ahov igned by Borrower.
<br />,may✓ fi. fC% (L?�C -fii1�
<br />WIL AM7GORDON GORMOY
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 01/08 _ 2{
<br />By WILLIAM I GORDON and MARTHA L GORDON, —�
<br />/ _
<br />My commission expires:��%-�
<br />' � o a,(Z
<br />[ ry Public)
<br />6TNFBAL NOTAR' a R Nsaaaaa /
<br />pgTSYAKALKOWSKI
<br />MY Comm. Dp• ADdI P1, 200.4
<br />
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