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DEED OF TRUST <br />PARTIES: This Deed of Trust is made on 03/22/2002 among, the Grantor, ROBERT L DAVIS AND ADRIANNA K DAVIS, HUSBAND <br />AND WIPE ("Borrower"),O <br />AREND R BAACK, 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 p <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, Go AND ISLAND, NEBRASKA 68801 ( "Lender "). <br />CONVEYANCE: Fnr value received, Borrower 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, easements, rents, issues, profits, income, tenements, hereditamems, privileges and any appurtenances themrmtn belonging (all called the <br />,.Property..). <br />PROPERTY ADDRESS: 4229 SPRINGVIE W DR, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />DI TWENTY TWO (22) IN WESTROADS ESTATES POUMII SUBDIVISION, HALL COUNTY, NEBRASKA. <br />Located in Hall County, Nebraska. <br />'TITLE: Borrower convenants cad warrants title to the property, except for <br />SECIIItED DEBT: This deed Mtrust secures to Lender repayment of the secured debt and the performance of the convenams 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 coder 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 thereof): <br />0 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 arc <br />contemplated and will be secured to the same extent as ifmade on the date oflhis deed oftrust is exteemed. <br />❑ Revolving line ofercent agreement dated , with initial annual interest rote o1 G <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 of trust is executed_ <br />The above obligation is due and payable on April 01, 20M if not paid earlier. <br />The total unpaid balance secured by this deed of trust at anyone time .shall not exceed a maximum principal amount of 616,026.09, 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 oflrust, with interest on such disbursements. <br />Variable Rate: The interest rate on the obligation secured by this deed athirst may vary according to the terns ofthat obligation. <br />A copy ofthe 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 />Parsuant to the Farm Homestead Protection Act, designation of homestead intlached to this deed of trust and made a purt hereof has <br />F-1 been disclaimed; the disclaimer is numbed to this deed oftrast 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, audit. era described abov igned by Borrower. <br />ROBERT L DAVIS ADRIANNA K DAVIS <br />ACKNOWLEDGMEN'C STATE OF NEBRASKA, HALL COUNTY SS, <br />Thc foregoing instrument was acknowledged before me on 03/22/2002 <br />By ROBERT L DAVIS and ADRIANNA K DAVIS, HUSBAND AND WIPE <br />AL ° � <br />My commission expires- O2_ -e (' '- /�/ , /�Z - I <br />( ck iL -2 ! /. tNotary Public) <br />BENERN WARY•Stabt(Neblatal <br />CHERYL LKOSMICKI <br />hComm.Era MalcbS2006 <br />m <br />n <br />m <br />= <br />L <br />M <br />1Z] <br />px <br />DEED OF TRUST <br />PARTIES: This Deed of Trust is made on 03/22/2002 among, the Grantor, ROBERT L DAVIS AND ADRIANNA K DAVIS, HUSBAND <br />AND WIPE ("Borrower"),O <br />AREND R BAACK, 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 p <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, Go AND ISLAND, NEBRASKA 68801 ( "Lender "). <br />CONVEYANCE: Fnr value received, Borrower 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, easements, rents, issues, profits, income, tenements, hereditamems, privileges and any appurtenances themrmtn belonging (all called the <br />,.Property..). <br />PROPERTY ADDRESS: 4229 SPRINGVIE W DR, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />DI TWENTY TWO (22) IN WESTROADS ESTATES POUMII SUBDIVISION, HALL COUNTY, NEBRASKA. <br />Located in Hall County, Nebraska. <br />'TITLE: Borrower convenants cad warrants title to the property, except for <br />SECIIItED DEBT: This deed Mtrust secures to Lender repayment of the secured debt and the performance of the convenams 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 coder 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 thereof): <br />0 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 arc <br />contemplated and will be secured to the same extent as ifmade on the date oflhis deed oftrust is exteemed. <br />❑ Revolving line ofercent agreement dated , with initial annual interest rote o1 G <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 of trust is executed_ <br />The above obligation is due and payable on April 01, 20M if not paid earlier. <br />The total unpaid balance secured by this deed of trust at anyone time .shall not exceed a maximum principal amount of 616,026.09, 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 oflrust, with interest on such disbursements. <br />Variable Rate: The interest rate on the obligation secured by this deed athirst may vary according to the terns ofthat obligation. <br />A copy ofthe 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 />Parsuant to the Farm Homestead Protection Act, designation of homestead intlached to this deed of trust and made a purt hereof has <br />F-1 been disclaimed; the disclaimer is numbed to this deed oftrast 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, audit. era described abov igned by Borrower. <br />ROBERT L DAVIS ADRIANNA K DAVIS <br />ACKNOWLEDGMEN'C STATE OF NEBRASKA, HALL COUNTY SS, <br />Thc foregoing instrument was acknowledged before me on 03/22/2002 <br />By ROBERT L DAVIS and ADRIANNA K DAVIS, HUSBAND AND WIPE <br />AL ° � <br />My commission expires- O2_ -e (' '- /�/ , /�Z - I <br />( ck iL -2 ! /. tNotary Public) <br />BENERN WARY•Stabt(Neblatal <br />CHERYL LKOSMICKI <br />hComm.Era MalcbS2006 <br />