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DEED OF TRUST
<br />PAR'T'IES: This Deed of trust is made oa 01/2912002 among, the Grantor, RONALD E POWERS AND LADONNA R POWERS,\
<br />("Borrower'), C
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, hall County, Nebraska ("Trustee "), and the .
<br />Beneficiary, HOME FEDER AI, SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the UV
<br />laws of NEBRASKA whose address Is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). (,l
<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, mid existing and future improvements thereon and all rights -of
<br />way, eonements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 587 E CAPITAL AVE, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />THE NORTHERLY ONE HUNDRED P.IGHTY THREE AND FOUR TENTHS FEET (187.4') OF LOT ELEVEN (11) OF GHE.R
<br />SUBDIVISION OF LOTS 6, 7, AND 9 OF GARRETES SUBDIVISION OF PART OF E 1/2 OF SECTION 9, TOWNSHIP 11 NORTH,
<br />RANGE 9 WEST CIF THE SIXTH PRINCIPAL, MERIDIAN.
<br />[,...led in Hall County, Nebraska.
<br />TITLE: Borrower coovenants and warrants title to the property, except for
<br />SECURED DEBT: This deed oC trust secures to Lender repayment of the secured debt and the performance of the ccavenants and agreements
<br />contained in this deed oftrust and in any other docament incorporated herein. Secured debt, as used in this deed of tmst, includes any amounts
<br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed oftrust, and all modifications, extensions and
<br />renewals thereof.
<br />The secured debt is evidenced by (List all inshuntarts and agreements secured by this deed of trust and the dates thereof):
<br />■ A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 011292002
<br />® Future advances: The above amount is secured even though all or part of it run) not yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as ifmade on the date ofthis deed of trust is executed.
<br />❑ Revolving line ofcrelit 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 payahle an January 25, 2007 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of mist at any one time shall not exceed a maximum principal amount of $12,164 06, plus
<br />Interest, plus any amounts disbursed tinder the tams of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />eovenauts 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 ofthat obligation.
<br />A copy ofthe lean agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and
<br />made a part hereot.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of l omestead d3ttaehed to this deed of trust and made a part hereof has
<br />o been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenanta contained in this deed of trust, including those on page
<br />2, and in anyri!�s descril above fed by Borrower. s
<br />RO LD EPOWER9 LADONNA Ii POWERS
<br />ACKNOWLEDGMEN I': STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before nle on 01/29nfi v
<br />By RONALD E POWP:RS and LADONNA R POWERS,/
<br />My commission��
<br />OENENAI NOTMV- Stal¢ol Ni _�j/ at�ptyy6lic)
<br />III PATSY A """WSKI �-
<br />- MY Comm. Dk April 24, 2003 �.
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<br />DEED OF TRUST
<br />PAR'T'IES: This Deed of trust is made oa 01/2912002 among, the Grantor, RONALD E POWERS AND LADONNA R POWERS,\
<br />("Borrower'), C
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, hall County, Nebraska ("Trustee "), and the .
<br />Beneficiary, HOME FEDER AI, SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the UV
<br />laws of NEBRASKA whose address Is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). (,l
<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, mid existing and future improvements thereon and all rights -of
<br />way, eonements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 587 E CAPITAL AVE, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />THE NORTHERLY ONE HUNDRED P.IGHTY THREE AND FOUR TENTHS FEET (187.4') OF LOT ELEVEN (11) OF GHE.R
<br />SUBDIVISION OF LOTS 6, 7, AND 9 OF GARRETES SUBDIVISION OF PART OF E 1/2 OF SECTION 9, TOWNSHIP 11 NORTH,
<br />RANGE 9 WEST CIF THE SIXTH PRINCIPAL, MERIDIAN.
<br />[,...led in Hall County, Nebraska.
<br />TITLE: Borrower coovenants and warrants title to the property, except for
<br />SECURED DEBT: This deed oC trust secures to Lender repayment of the secured debt and the performance of the ccavenants and agreements
<br />contained in this deed oftrust and in any other docament incorporated herein. Secured debt, as used in this deed of tmst, includes any amounts
<br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed oftrust, and all modifications, extensions and
<br />renewals thereof.
<br />The secured debt is evidenced by (List all inshuntarts and agreements secured by this deed of trust and the dates thereof):
<br />■ A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 011292002
<br />® Future advances: The above amount is secured even though all or part of it run) not yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as ifmade on the date ofthis deed of trust is executed.
<br />❑ Revolving line ofcrelit 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 payahle an January 25, 2007 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of mist at any one time shall not exceed a maximum principal amount of $12,164 06, plus
<br />Interest, plus any amounts disbursed tinder the tams of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />eovenauts 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 ofthat obligation.
<br />A copy ofthe lean agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and
<br />made a part hereot.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of l omestead d3ttaehed to this deed of trust and made a part hereof has
<br />o been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenanta contained in this deed of trust, including those on page
<br />2, and in anyri!�s descril above fed by Borrower. s
<br />RO LD EPOWER9 LADONNA Ii POWERS
<br />ACKNOWLEDGMEN I': STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before nle on 01/29nfi v
<br />By RONALD E POWP:RS and LADONNA R POWERS,/
<br />My commission��
<br />OENENAI NOTMV- Stal¢ol Ni _�j/ at�ptyy6lic)
<br />III PATSY A """WSKI �-
<br />- MY Comm. Dk April 24, 2003 �.
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