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PARTIES: 'I hie. Decd of Trust is made on 04/27/2002 among, the Grantor, FRANK I MARTINEZ AND DONITA E MARTINEZ, HUSBAND <br />AND WIFE ( "Borrower "), <br />AREND R BAACK, ATTORNEY, whose residence address is 1'. 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 />Taws of NI 13RASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender ") cr <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to 'Trustee, in trust, with power of sale, the real property, at' ' <br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- L' <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property „). <br />PROPERTY ADDRESS: 228 N WALDO AVF, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRIPTION: <br />LOT ONE (1), BLOCK TWENTY -POUR (24), PACKER AND BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALT. <br />COUNTY, NEBRASKA, AND THE NORTHERLY ONE -HALF OF BLAKE STREET LYING ADJACENT TO LOT ONE (1), BLOCK <br />TWENTY -POUR (24), IN PACKER AND BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SECURED BUD [':'['his decd oftrust secures to Lender repayment of the secured debt and the performance of the convenants and agreements <br />contained in this deed of oust 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 oftrust or under may Instrument secured by this deed oftrust, mid all modifications, extensions and <br />icnewals 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 SECURFFY AGREEMENT DATED 04/27/2002 <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 seemed to the sane extent as if made 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 ure 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 date this deed oftrust is executed. <br />The above obligation is due and payable on May 05, 2007 if not paid earlier. <br />The total unpaid balance secured by this deed oftrust at any one time shall not exceed a maximum principal amount of $9,624.86, plus <br />interest, plus any amounts disbursed under the terms of this decd of trust to protect the security of this deed of trust or to perform any of the <br />ccvenanls contained in this deed oftrust, with interest on such disbursements. <br />Variable Rate: 'I he interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation. <br />r7 A copy ofthe lean agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and <br />made a pmt hereof. <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm I lomestead Protection Act, designation of homestead Clutched to this deed of trust and made a part hereof has <br />been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof <br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed oftrust, including those ern page <br />2, and in any riders described above signed by Borrower. <br />FRANK(TINEZ ° DONITA E MARTINEZ <br />ACKNOWLEDGMENT: STATE OF NEBRASKA. HALL COI INTY SS: <br />'Ihe foregoing instrument was acknowledged before me on 04/27/2002 <br />By FRANK I MARTINEZ and DONI'I'A E MART INEZ, HUSBAND AND WI I, <br />S <br />tGEKIMi n aw <br />My commission expires: ✓ %d � �U3 .y Public) <br />NOTARY -Slte a1 Nebraska .` X L-T <br />ENNY HOLLO10 20tt 0mmn. D�. R% <br />��eti <br />an <br />W <br />n <br />6t <br />➢n <br />o <br />o re <br />tai <br />� <br />� <br />� m <br />ry <br />o .y <br />o <br />� <br />Y <br />3 <br />r D <br />Ul <br />)))) <br />\ <br />coq <br />9990 <br />N <br />Q <br />DEED OF TRUST <br />- <br />PARTIES: 'I hie. Decd of Trust is made on 04/27/2002 among, the Grantor, FRANK I MARTINEZ AND DONITA E MARTINEZ, HUSBAND <br />AND WIFE ( "Borrower "), <br />AREND R BAACK, ATTORNEY, whose residence address is 1'. 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 />Taws of NI 13RASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender ") cr <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to 'Trustee, in trust, with power of sale, the real property, at' ' <br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- L' <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property „). <br />PROPERTY ADDRESS: 228 N WALDO AVF, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRIPTION: <br />LOT ONE (1), BLOCK TWENTY -POUR (24), PACKER AND BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALT. <br />COUNTY, NEBRASKA, AND THE NORTHERLY ONE -HALF OF BLAKE STREET LYING ADJACENT TO LOT ONE (1), BLOCK <br />TWENTY -POUR (24), IN PACKER AND BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SECURED BUD [':'['his decd oftrust secures to Lender repayment of the secured debt and the performance of the convenants and agreements <br />contained in this deed of oust 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 oftrust or under may Instrument secured by this deed oftrust, mid all modifications, extensions and <br />icnewals 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 SECURFFY AGREEMENT DATED 04/27/2002 <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 seemed to the sane extent as if made 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 ure 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 date this deed oftrust is executed. <br />The above obligation is due and payable on May 05, 2007 if not paid earlier. <br />The total unpaid balance secured by this deed oftrust at any one time shall not exceed a maximum principal amount of $9,624.86, plus <br />interest, plus any amounts disbursed under the terms of this decd of trust to protect the security of this deed of trust or to perform any of the <br />ccvenanls contained in this deed oftrust, with interest on such disbursements. <br />Variable Rate: 'I he interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation. <br />r7 A copy ofthe lean agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and <br />made a pmt hereof. <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm I lomestead Protection Act, designation of homestead Clutched to this deed of trust and made a part hereof has <br />been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof <br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed oftrust, including those ern page <br />2, and in any riders described above signed by Borrower. <br />FRANK(TINEZ ° DONITA E MARTINEZ <br />ACKNOWLEDGMENT: STATE OF NEBRASKA. HALL COI INTY SS: <br />'Ihe foregoing instrument was acknowledged before me on 04/27/2002 <br />By FRANK I MARTINEZ and DONI'I'A E MART INEZ, HUSBAND AND WI I, <br />S <br />tGEKIMi n aw <br />My commission expires: ✓ %d � �U3 .y Public) <br />NOTARY -Slte a1 Nebraska .` X L-T <br />ENNY HOLLO10 20tt 0mmn. D�. R% <br />��eti <br />