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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 03/30/2002 among, the Grantor, MARY J KRAFT AND , A SINGLE 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 S l'REFA, GRAND ISLAND, NEBRASKA 68801 ("Lender") .
<br />CONVEYANCE: For 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, hereditaments, privileges and any appurtenances thereunto belonging (all called the Qi
<br />"property ").
<br />PROPERTY ADDRESS: 804 SOUTH ARTHUR, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />PARKHILL THIRD (3RD) SUBDIVISION LOT ONE (1) BLOCK TEN (10) IN THE CITY OF GRAND ISLAND, NEBRASKA, HALL
<br />COUNTY.
<br />Located in Hall County, Nebraska.
<br />TI'1'LF.: Borrower convenanls 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 of trust, includes any amounts
<br />Borrower 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 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 03/30/2002
<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 mid will be secured to the sane extent as if made on die date of Otis deed of trust is executed.
<br />❑ Revolving line of credit agreement dated , with initial annual interest rate of o
<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 saute extent as ifmade on the date this deed of trust is executed.
<br />'I he above obligation is due and payable on March 30, 2003 if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal anount of $44,301.57, plus
<br />interest, plus any rumors disbursed under the terns of this deed of must to protect the security of this decd of trust or to perform any of the
<br />covenants contained in this deed oftmst, with interest on such disbursements.
<br />E] Variable Bate: The interest rate on the obligation secured by this deed oftmst may vary according to the terms of that obligation.
<br />A copy ofthe lost agreement containing the terms under which the interest rate may vary is attached to this deed oftmst and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DFMONAI'ION OF IIOMBS'LEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iDuached to this deed of trust and made a part hereof has
<br />FI been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNA'T'URES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower.
<br />MARY
<br />ACKNOWLEDGMENT: STAIR OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on O3
<br />By MARY I KRAF ['and , AA SINGLE �PPERSONi�
<br />My commission expires: /�i 5z- C ✓ ,�y-99
<br />Is 4���G tPublic)
<br />GENERAL NOTARY-Stale of Nebraska ,
<br />II PATSY A KALKOWSKI
<br />My Comm. Exp. W124, 2003
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