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DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 02/15 /2002 among, the Grantor, MICHAEL D YORK AND PATRICIA E YORK, HUSBAND AND
<br />WIFE ( °Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address Is P. O. Box 790, Grand Island, Hall County, Nebraska (Trustee), and the q'
<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. Burrower 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, casements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property').
<br />PROPERTY ADDRESS: 511 W 4TH, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT TWO (2), IN BLOCK THIRTY -EIGHT (38), IN IHE ORIGINAL TOWN, NOW CITY, OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: ISmrnwcr convenants and warrants title to the property, except for
<br />SECURE DEBT: This deed oftrust secures lu 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 lhereoL).
<br />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/15/2002
<br />® Future advances: I he 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 tirade on the date ofthis 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 dale this deed oftrust is executed.
<br />The above obligation is due and payable on February 25, 2005 ifnot paid earlier.
<br />'fhe total unpaid balm¢ce secured by this deed of trust at any one time shall not exceed a maximum principal amount of $11,545.15, 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 oftrust, with interest on such disbursements.
<br />Variable Role: The interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />El A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust 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 I[itteched to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is attached to this deed oftrust and made apart hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convey rots contained in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower. p Z
<br />MICHAEL D YORK PATRICIA E YORK
<br />ACKNOWLEDGMENT: STAI E OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 02/15/2002
<br />By MICI ]ALL D YORK and PATRICIA E YORK, HUSBAND AND WIFE
<br />My commission expires'. ,��I1 r �-
<br />Notary Public)
<br />GENERAL NOiAFYSIa!¢ of Nehraska
<br />IIII SHARON K KLEINT
<br />My Comm Exp. Oe¢ 3, 9003
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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 02/15 /2002 among, the Grantor, MICHAEL D YORK AND PATRICIA E YORK, HUSBAND AND
<br />WIFE ( °Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address Is P. O. Box 790, Grand Island, Hall County, Nebraska (Trustee), and the q'
<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. Burrower 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, casements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property').
<br />PROPERTY ADDRESS: 511 W 4TH, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT TWO (2), IN BLOCK THIRTY -EIGHT (38), IN IHE ORIGINAL TOWN, NOW CITY, OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: ISmrnwcr convenants and warrants title to the property, except for
<br />SECURE DEBT: This deed oftrust secures lu 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 lhereoL).
<br />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/15/2002
<br />® Future advances: I he 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 tirade on the date ofthis 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 dale this deed oftrust is executed.
<br />The above obligation is due and payable on February 25, 2005 ifnot paid earlier.
<br />'fhe total unpaid balm¢ce secured by this deed of trust at any one time shall not exceed a maximum principal amount of $11,545.15, 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 oftrust, with interest on such disbursements.
<br />Variable Role: The interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />El A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust 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 I[itteched to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is attached to this deed oftrust and made apart hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convey rots contained in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower. p Z
<br />MICHAEL D YORK PATRICIA E YORK
<br />ACKNOWLEDGMENT: STAI E OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 02/15/2002
<br />By MICI ]ALL D YORK and PATRICIA E YORK, HUSBAND AND WIFE
<br />My commission expires'. ,��I1 r �-
<br />Notary Public)
<br />GENERAL NOiAFYSIa!¢ of Nehraska
<br />IIII SHARON K KLEINT
<br />My Comm Exp. Oe¢ 3, 9003
<br />
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