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THE NORTII FIFTY -TWO (52) FEET OF THE SOUTH ONE HUNDRED THIRTY TWO (132) FEET OF THE FAST HALF (F,I /2) OF THE
<br />SOUTH HALF (Sl /2) OF BLOCK SEVEN (7) OF PLEASANT HOME SUBDIVISION OF PART OF THE EAST HALF OF THE
<br />SOUTHWEST QUARTER (B1/2SE1/4) OF SECTION TWENTY -ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST
<br />OF THE 6TH P.M., HALL COUNTY, NEBRASKA,
<br />AND
<br />THE NORTHERLY EIGHT (8) FEET OF THE EASTERLY ONE HALF (EI2) OF THE SOUTHERLY ONE HALF (S1 /2) OF FLOCK
<br />SEVEN (7) OF PLEASANT HOME SUBDIVISION OF PART OF THE EAST HALF OF THE SOUTHEAST QUARTER (EI /2SE I/4) OF
<br />.SECTION TWENTY -ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6 T P.M., HALL COUNTY,
<br />NEBRASKA
<br />Located in I lall County, Nebraska.
<br />TITLE: 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, as used in this deed oftrust, 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 instruments and agreements secured by this deed of trust and the dates thereof)r
<br />0 A PROMISSORY NO 'F AND SECURITY AGREEMENT DATED 03/11/2002
<br />M Future advances: The above amount is secured even though all or part of it may nut yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as ifmade on the date ofthis deed oftrust 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 tinder
<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 payable on September 15, 2003 fnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of 51,929.00, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this died of trust or to perform any of the
<br />covenants contained in this deed oftrust, with interest on such disbursements.
<br />rI Variable Rate: "I 'he interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />El A copy ofthe loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust mid
<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 iQttached to this decd of trust and made a part hereof has
<br />E] been disclaimed; the disclaimer is attached to this decd oftrust and made a part hereof.
<br />SIGNATURES: B signing below, Borrower agree to the terms and convenants contained in this deed of crest, including those on page
<br />2, and in any riders .scribed above sigrsmd y Borrower.
<br />JP&Y W SE
<br />ACKNOWLEDGMENT: S'I'A'I'F OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 03/11/2002
<br />By JERRY W SEVY, AN UNMARRIED PERSON
<br />Mycommissionexpires: UC . Z�I �U""i y 'j /4R� /,N!I(/
<br />J os �l (Notary Public)
<br />�II BENEIIAL HRIS SIK SNecresW
<br />CHRIS L. Oct. tSKIB
<br />IN Carom. Esp. D 49, 2004
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<br />DEED OF TRUST
<br />Q
<br />PARTIES: This Deed ofTrust Is made on 03/112002 among, the Circular, JERRY W SEVY, AN UNMARRIED PERSON ("Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address Is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<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, Borrower irrevocably grauls and conveys to Trustee, in trust, with power of sale, the real property,
<br />of`�
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements [hereon and all rights-of-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 1316 S EDDY ST, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />THE NORTII FIFTY -TWO (52) FEET OF THE SOUTH ONE HUNDRED THIRTY TWO (132) FEET OF THE FAST HALF (F,I /2) OF THE
<br />SOUTH HALF (Sl /2) OF BLOCK SEVEN (7) OF PLEASANT HOME SUBDIVISION OF PART OF THE EAST HALF OF THE
<br />SOUTHWEST QUARTER (B1/2SE1/4) OF SECTION TWENTY -ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST
<br />OF THE 6TH P.M., HALL COUNTY, NEBRASKA,
<br />AND
<br />THE NORTHERLY EIGHT (8) FEET OF THE EASTERLY ONE HALF (EI2) OF THE SOUTHERLY ONE HALF (S1 /2) OF FLOCK
<br />SEVEN (7) OF PLEASANT HOME SUBDIVISION OF PART OF THE EAST HALF OF THE SOUTHEAST QUARTER (EI /2SE I/4) OF
<br />.SECTION TWENTY -ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6 T P.M., HALL COUNTY,
<br />NEBRASKA
<br />Located in I lall County, Nebraska.
<br />TITLE: 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, as used in this deed oftrust, 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 instruments and agreements secured by this deed of trust and the dates thereof)r
<br />0 A PROMISSORY NO 'F AND SECURITY AGREEMENT DATED 03/11/2002
<br />M Future advances: The above amount is secured even though all or part of it may nut yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as ifmade on the date ofthis deed oftrust 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 tinder
<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 payable on September 15, 2003 fnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of 51,929.00, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this died of trust or to perform any of the
<br />covenants contained in this deed oftrust, with interest on such disbursements.
<br />rI Variable Rate: "I 'he interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />El A copy ofthe loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust mid
<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 iQttached to this decd of trust and made a part hereof has
<br />E] been disclaimed; the disclaimer is attached to this decd oftrust and made a part hereof.
<br />SIGNATURES: B signing below, Borrower agree to the terms and convenants contained in this deed of crest, including those on page
<br />2, and in any riders .scribed above sigrsmd y Borrower.
<br />JP&Y W SE
<br />ACKNOWLEDGMENT: S'I'A'I'F OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 03/11/2002
<br />By JERRY W SEVY, AN UNMARRIED PERSON
<br />Mycommissionexpires: UC . Z�I �U""i y 'j /4R� /,N!I(/
<br />J os �l (Notary Public)
<br />�II BENEIIAL HRIS SIK SNecresW
<br />CHRIS L. Oct. tSKIB
<br />IN Carom. Esp. D 49, 2004
<br />
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