DEED OF TRUST
<br />PARTIES: this Deed of Trust is made on 03/01/2002 among, the Grantor, BRIAN E VAHLE AND HEIDI I VAHLB, HUSIIANO AND WIFE
<br />("Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, flail County, Ncbrmka ( "Trustee "), and the cam.
<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 ,..rived, Borrower irrevocably grants and conveys to Trustee, intrust, with power of salc, (he real property, of
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -o&
<br />way, easements, rents, issues, profits, income, tenements, heredimments, privileges and any appurtenances thercunto belonging (all called the
<br />'property ").
<br />PROPERTY ADDRESS: 2211 COCHIN ST, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT SEVEN (7), BLOCK THREE (3), IN SECOND ADDITION TO HOLCOMB'S HIGHWAY HOMES SUBDIVISION, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA-
<br />Loraled in Hall County, Nebraska.
<br />TIT[ E: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to 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, mused in this deed of trust, Includes any amounts
<br />Borrower owes to Lender under this deed of trust or kinder 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 />E A PROMISSORY NOTE; AND SECURITY AGREEMENT DATED 03/11/2002
<br />IS Future advances: The 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 Ifmade on the date of this deed ftrust Is executed.
<br />❑ Revolving line oferedit 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 ifmade on the date this deed oftrust Is executed.
<br />The above obligation is due and payable on March 01, 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 $10,239.42, 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.£trust, with interest on such disbursements.
<br />p Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />E] 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 />DESIGNATION OF HOMESTEAD
<br />Pms.ant to the Farm I lomestead Protection Act, designation of homestead idttached to this deed of trust mid made a part hereof has
<br />E] hem 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 convenants contained in this deed of trust, including those on page
<br />2, and in any riders described
<br />'. vaboves7 by Borrower.
<br />� / ( /I
<br />%li, Z, R�
<br />BRIAN AlLk
<br />7 E1DI1 VAHLE
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 03/012002
<br />By BRIAN E VAHLE and HEIDI I VAHLE, HUSBAND AND W E
<br />My commission expires:
<br />.P.�Y. - Notary Public)
<br />(o, GFNFNAL NOiANY -SRU of NB7 Ye
<br />ellj MINOY 6ILBERTBON
<br />MY Comm. FW. Mry 26, 2661
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<br />DEED OF TRUST
<br />PARTIES: this Deed of Trust is made on 03/01/2002 among, the Grantor, BRIAN E VAHLE AND HEIDI I VAHLB, HUSIIANO AND WIFE
<br />("Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, flail County, Ncbrmka ( "Trustee "), and the cam.
<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 ,..rived, Borrower irrevocably grants and conveys to Trustee, intrust, with power of salc, (he real property, of
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -o&
<br />way, easements, rents, issues, profits, income, tenements, heredimments, privileges and any appurtenances thercunto belonging (all called the
<br />'property ").
<br />PROPERTY ADDRESS: 2211 COCHIN ST, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT SEVEN (7), BLOCK THREE (3), IN SECOND ADDITION TO HOLCOMB'S HIGHWAY HOMES SUBDIVISION, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA-
<br />Loraled in Hall County, Nebraska.
<br />TIT[ E: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to 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, mused in this deed of trust, Includes any amounts
<br />Borrower owes to Lender under this deed of trust or kinder 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 />E A PROMISSORY NOTE; AND SECURITY AGREEMENT DATED 03/11/2002
<br />IS Future advances: The 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 Ifmade on the date of this deed ftrust Is executed.
<br />❑ Revolving line oferedit 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 ifmade on the date this deed oftrust Is executed.
<br />The above obligation is due and payable on March 01, 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 $10,239.42, 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.£trust, with interest on such disbursements.
<br />p Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />E] 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 />DESIGNATION OF HOMESTEAD
<br />Pms.ant to the Farm I lomestead Protection Act, designation of homestead idttached to this deed of trust mid made a part hereof has
<br />E] hem 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 convenants contained in this deed of trust, including those on page
<br />2, and in any riders described
<br />'. vaboves7 by Borrower.
<br />� / ( /I
<br />%li, Z, R�
<br />BRIAN AlLk
<br />7 E1DI1 VAHLE
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 03/012002
<br />By BRIAN E VAHLE and HEIDI I VAHLE, HUSBAND AND W E
<br />My commission expires:
<br />.P.�Y. - Notary Public)
<br />(o, GFNFNAL NOiANY -SRU of NB7 Ye
<br />ellj MINOY 6ILBERTBON
<br />MY Comm. FW. Mry 26, 2661
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