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PARTIES: This Deed of Trust is made on 03/22/2002 among, the Grantor, KARON K BUSSINGER AND , A SINGLE PERSON
<br />( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose reaidence 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 ofNEBRASKA whose address is 221 SOUTI I LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lcndcr").
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to 'trustee, in trust, with power of sale, the real property, of p
<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: 1 116 EAST 7TH STREET, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT SEVEN (7), IN BLOCK FOUR (4), IN LAMBERT'S ADDITON'1'O THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Located in Hall County, Nebraska
<br />TITLE: Borrower convcounts and warrants title to the property, except for
<br />SFC,IIRED DEBT: This deed of trust secures to Lcndcr Tcpaymem ofthe secured debt and the performance of the convcnanls 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 />Burrower 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 securer) debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dales thereof.):
<br />N A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/22/2002
<br />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 Frauds on the date ofthls 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 m thcsame extent as ifmadc on the date this deed ofur st is executed.
<br />The above obligation is due and payable on April 03, 2005 if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not excccd a maximum principal amount of $3,201.81, 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 of trust, with interest on such disbursements.
<br />C] Variable Rate: The interest rate on the obligation secured by this deed oftmst may vary according to the terms effort obligation.
<br />E] A copy of the loan agreement containing the terns under which the interest rate may vary is attached to this deed of trust and
<br />made a part hereof
<br />RIDERS: ASSIGNMENT OF RF.N'I'S
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm homestead Protection Act, designation of homestead idttached to this (iced of trust and made a part hereof has
<br />[] been Jisdaimed; [he disclaimer is attached to this decd of trust and made a part hereof
<br />SIGNAT HRES: By signing below, Borrower agree to the terms and convenanls contained in this deed of trust, including those on page
<br />2, and in an'f riders described above signed by Borrower.
<br />RON K NISSINGb:R (%
<br />ACKNOWLEDGMENT: STATE. 012 NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 0322/2002
<br />By KARON K BUSSINGER and, A SINGLE PERSON
<br />My commission expires: 4^cy4
<br />(Notary Public)
<br />6FNEP CHtunch OSM' CFIIsunBh5.200 Co 5. fhhB
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<br />DEED OF TRUST
<br />N
<br />PARTIES: This Deed of Trust is made on 03/22/2002 among, the Grantor, KARON K BUSSINGER AND , A SINGLE PERSON
<br />( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose reaidence 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 ofNEBRASKA whose address is 221 SOUTI I LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lcndcr").
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to 'trustee, in trust, with power of sale, the real property, of p
<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: 1 116 EAST 7TH STREET, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT SEVEN (7), IN BLOCK FOUR (4), IN LAMBERT'S ADDITON'1'O THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Located in Hall County, Nebraska
<br />TITLE: Borrower convcounts and warrants title to the property, except for
<br />SFC,IIRED DEBT: This deed of trust secures to Lcndcr Tcpaymem ofthe secured debt and the performance of the convcnanls 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 />Burrower 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 securer) debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dales thereof.):
<br />N A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/22/2002
<br />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 Frauds on the date ofthls 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 m thcsame extent as ifmadc on the date this deed ofur st is executed.
<br />The above obligation is due and payable on April 03, 2005 if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not excccd a maximum principal amount of $3,201.81, 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 of trust, with interest on such disbursements.
<br />C] Variable Rate: The interest rate on the obligation secured by this deed oftmst may vary according to the terms effort obligation.
<br />E] A copy of the loan agreement containing the terns under which the interest rate may vary is attached to this deed of trust and
<br />made a part hereof
<br />RIDERS: ASSIGNMENT OF RF.N'I'S
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm homestead Protection Act, designation of homestead idttached to this (iced of trust and made a part hereof has
<br />[] been Jisdaimed; [he disclaimer is attached to this decd of trust and made a part hereof
<br />SIGNAT HRES: By signing below, Borrower agree to the terms and convenanls contained in this deed of trust, including those on page
<br />2, and in an'f riders described above signed by Borrower.
<br />RON K NISSINGb:R (%
<br />ACKNOWLEDGMENT: STATE. 012 NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 0322/2002
<br />By KARON K BUSSINGER and, A SINGLE PERSON
<br />My commission expires: 4^cy4
<br />(Notary Public)
<br />6FNEP CHtunch OSM' CFIIsunBh5.200 Co 5. fhhB
<br />
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