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DEED FIFTH UST
<br />PARTIES: This Deed of Trust is made oa 04/01 /2002 among, the Grantor, RUBEN G LUNA AND ELIZABETH 1, LUNA, HUSBAND AND
<br />WIFE ( "Borrower "),
<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
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUS T STREET, 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
<br />"property").
<br />PROPERTY ADDRESS: 1427 N PIPER ST, GRAND ISLAND, Nebraska 69803
<br />LEGAL DESCRIPTION:
<br />THE SOUTHERLY SIXTY AND EIGHTY SIX HUNDREDTHS (60.86) FEET OF LOT ONE (1) AND ALL OF LOT TWO (2), ISLAND
<br />ACRES NO. 13 SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed of host secures to Lender repayment of the secured debt and the performance of the convenamts 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 />Bonower 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 />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/01/2002
<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 if made on the date of this decd 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 at I 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 date this deed of Wst is executed.
<br />The above obligation is due and payable on Alan 15, 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 amount of $2,946.98, plus
<br />interest, plus any amounts disbursed under the terns 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 decd of trust, with interest on such disbursements.
<br />❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />❑ 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 pan hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iQttached to this deed of trusr and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />SIGNATU :S: By signing below, Borrower agree to the terms and convenauts contained iryjBia deeds of trust, including those on page
<br />2, and iryu uy Nets desert shove aig by Borrower.
<br />RUB E N G LUNA ELIZABETH L LUNA
<br />ACKNOWLEDGMENT: STATE OFNEHRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 04/01/2002
<br />By RUBEN G LUNA and ELIZABETH L LUNA, HUSBAND AND WIFF.
<br />My commission expires: � �
<br />otary Public)
<br />GENENN. NOTARY -SWIe of NeBreska
<br />III LISA R. MAYER
<br />a -c My COMM EXP. May 1Q 2003
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<br />DEED FIFTH UST
<br />PARTIES: This Deed of Trust is made oa 04/01 /2002 among, the Grantor, RUBEN G LUNA AND ELIZABETH 1, LUNA, HUSBAND AND
<br />WIFE ( "Borrower "),
<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
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUS T STREET, 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
<br />"property").
<br />PROPERTY ADDRESS: 1427 N PIPER ST, GRAND ISLAND, Nebraska 69803
<br />LEGAL DESCRIPTION:
<br />THE SOUTHERLY SIXTY AND EIGHTY SIX HUNDREDTHS (60.86) FEET OF LOT ONE (1) AND ALL OF LOT TWO (2), ISLAND
<br />ACRES NO. 13 SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed of host secures to Lender repayment of the secured debt and the performance of the convenamts 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 />Bonower 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 />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/01/2002
<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 if made on the date of this decd 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 at I 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 date this deed of Wst is executed.
<br />The above obligation is due and payable on Alan 15, 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 amount of $2,946.98, plus
<br />interest, plus any amounts disbursed under the terns 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 decd of trust, with interest on such disbursements.
<br />❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />❑ 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 pan hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iQttached to this deed of trusr and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />SIGNATU :S: By signing below, Borrower agree to the terms and convenauts contained iryjBia deeds of trust, including those on page
<br />2, and iryu uy Nets desert shove aig by Borrower.
<br />RUB E N G LUNA ELIZABETH L LUNA
<br />ACKNOWLEDGMENT: STATE OFNEHRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 04/01/2002
<br />By RUBEN G LUNA and ELIZABETH L LUNA, HUSBAND AND WIFF.
<br />My commission expires: � �
<br />otary Public)
<br />GENENN. NOTARY -SWIe of NeBreska
<br />III LISA R. MAYER
<br />a -c My COMM EXP. May 1Q 2003
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