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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 05/13/2002 among, the Grantor, RODNEY E FIEDLER AND TAMI R FIEDLER, 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 O
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). Q�
<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: 704 WEST I1TH STREET', GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LO'r TEN (10) BLOCK FORTY SEVEN (47), RUSSEL WHEELER'S ADDITION, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRSKA
<br />Located in Hall County, Nebraska,
<br />TITLE: Burrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed oftrust secures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this decd 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 decd 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 05/13/2002
<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 ofthis deed oftrust is executed.
<br />❑ Revolving line oferedit 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 to the same extent as ifmade on the date this deed oftrust is executed.
<br />The above obligation is due and payable on May 29, 2011 ifnot paid earlier.
<br />I he total unpaid balance secured by this deed of trust at tiny one time shall not exceed a maximum principal amount of $18,969.50, 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 oftrust, with interest on such disbursements.
<br />O Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms 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 />Pursuant to the Farm Homestead Protection Act, designation of homestead i[ittached to this deed oftrust and made a part hereof has
<br />been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNATURES: signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />i
<br />2, and in any ; rides described nbovc s' tied by mower. /
<br />Y/x
<br />O NEY N: IE LER [AM] R FIEDLER
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me 002 _
<br />By RODNEY E FIEDLER and AM] R FIF.ULF,R, 11 1SBAND A D WIFE
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<br />My commission expires:
<br />�� -. v - otary Public)
<br />III GENERAL NOIMY- Staoa;,e'raska
<br />PATSY A KALKOWSKI
<br />Ry Carom. Em. April 24,200
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