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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 <br />o <br />1i <br />li <br />_ <br />C <br />Rga <br />A <br />M <br />N <br />N <br />�f�i: <br />s <br />ry <br />in <br />- <br />z <br />�' <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 <br />