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DEED OF TRUST PARTIES: This Deed of Trust Is made no 01114/2002 among, the Grantor, JAMES T TONER AND SUSAN K TONER, ( "Borrower"), AREND R BAACK, ATTORNEY, whose residence address Is P. O- Box 790, Grand Island, Hell County, Nehraska (" Jmstec' ), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the laws ofNEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender"). CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- way, casements, rents, issues, profits, income, tenements, hcreditaments, privileges and any appurtenances thereunto belonging (all called the p „property "). PROPERTY ADDRESS: 3222 HIAWATI IA PLACE, GRAND ISLAND, Nebraska 68803 LEGAL DESCRIPTION: LOT THIRTY -FIVE (35), INDIANHEAD SUBDIV ISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA Located in Hall County, Nebraska. TITLE: Borrower convenants and warrants title to the property, except for SECURED DEBT: This deeA of trust secures to Lender repaymeor of the secured debt and the performance of the convenants and agreements contained in this decd of trust and in any other document incorporated herein. Secured debt, as used in this deed of trust, includes any amounts Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and renewals thereof. The secured debt is evidenced by (List all instruments and agreements secured by this decd of trust and the dates thereof.): 0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 01 /14/2002 Future advances: The abeve ... ant is secured even though all or pmt of it may not yet be advanced. Future advances we contemplated and will be secured to the same extent as if made on the date of this deed oftrust Is executed. ❑ Revolving line of credit agreement dated , with initial annual interest rate of _% All amounts awed under this agreement are secured even though all amounts may not yet be advanced. Future advances under the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed. The above obligation is due and payable on January 15, 2005 if not paid earlier. The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of $12,555.50, plus 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 covenants contained in this deed of trust, with interest on such dishursements. Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this decd of trust and made a pmt hereof RIDERS: ASSIGNMENT OF RENTS DESIGNATION OF HOMES "I EAD Pursuant to the Farm Homestead Protection Act, designation of homestead Closeted to this deed of trust and made a part hereof has been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof_ SIGNATURES: D signing below. Borrower agree In the terms and convenants contained In this deed oftrust, including those on page 2, and in any rider describgd above signed by Borrower. V JAME TONER SUSAN K TONER ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: The foregoing instrument was acknowledged before me on 01/14/2002 By JAMES T TONER and SUSAN K TONER, My come salon expires- / GUEMLNOTARYSUUdNehraiMi � otary Public) II STEVE D. INNZMAN MY Clxnm. Fap. Murd I, 2U0T. on m N C> I n n z R= v =a N r z J pp 0 o � s V—` N � N O DEED OF TRUST PARTIES: This Deed of Trust Is made no 01114/2002 among, the Grantor, JAMES T TONER AND SUSAN K TONER, ( "Borrower"), AREND R BAACK, ATTORNEY, whose residence address Is P. O- Box 790, Grand Island, Hell County, Nehraska (" Jmstec' ), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the laws ofNEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender"). CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- way, casements, rents, issues, profits, income, tenements, hcreditaments, privileges and any appurtenances thereunto belonging (all called the p „property "). PROPERTY ADDRESS: 3222 HIAWATI IA PLACE, GRAND ISLAND, Nebraska 68803 LEGAL DESCRIPTION: LOT THIRTY -FIVE (35), INDIANHEAD SUBDIV ISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA Located in Hall County, Nebraska. TITLE: Borrower convenants and warrants title to the property, except for SECURED DEBT: This deeA of trust secures to Lender repaymeor of the secured debt and the performance of the convenants and agreements contained in this decd of trust and in any other document incorporated herein. Secured debt, as used in this deed of trust, includes any amounts Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and renewals thereof. The secured debt is evidenced by (List all instruments and agreements secured by this decd of trust and the dates thereof.): 0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 01 /14/2002 Future advances: The abeve ... ant is secured even though all or pmt of it may not yet be advanced. Future advances we contemplated and will be secured to the same extent as if made on the date of this deed oftrust Is executed. ❑ Revolving line of credit agreement dated , with initial annual interest rate of _% All amounts awed under this agreement are secured even though all amounts may not yet be advanced. Future advances under the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed. The above obligation is due and payable on January 15, 2005 if not paid earlier. The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of $12,555.50, plus 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 covenants contained in this deed of trust, with interest on such dishursements. Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this decd of trust and made a pmt hereof RIDERS: ASSIGNMENT OF RENTS DESIGNATION OF HOMES "I EAD Pursuant to the Farm Homestead Protection Act, designation of homestead Closeted to this deed of trust and made a part hereof has been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof_ SIGNATURES: D signing below. Borrower agree In the terms and convenants contained In this deed oftrust, including those on page 2, and in any rider describgd above signed by Borrower. V JAME TONER SUSAN K TONER ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: The foregoing instrument was acknowledged before me on 01/14/2002 By JAMES T TONER and SUSAN K TONER, My come salon expires- / GUEMLNOTARYSUUdNehraiMi � otary Public) II STEVE D. INNZMAN MY Clxnm. Fap. Murd I, 2U0T.