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<br />DEED OF'1'RI IS'E
<br />PART I ES: 'Phis Decd of Trost is made on 05/24/2002 among, the Grantor, JASON L LUEBRP. AND FOR IB A I.UIi11111:, 111 S'RAND AND
<br />WIFE (`Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address is P- O- Box 790, Grand Island, Hall County, Nebraska ("Frustee "), and the
<br />Bete Echuy, DONE FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND. a earporaliun Organized and existing under the
<br />laws of Nli BRASKA whoscadd,v, is 221 SOUTH LOCUST STREET - GRAND ISLAND, NEBRASKA 68801 ( "Lender"). p
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, lire real properly, of
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- a
<br />way, casements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thercunlo belonging (all called the
<br />°property').
<br />PROPERTY ADDRESS: 3618 BRONCO RD, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOTTWENTYNINI (29) IN SA DDLE CLUB SUBDIV ISION, HALL COUNTY, NEBRASKA.
<br />I r sated in I tell County, Nebraska.
<br />TITLE: Borrower convenants 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 conventions 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 />Burrower 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 />Thu secured debt is evidenced by (List all instruments and agreements secured by this decd of trust and the dates thereof)
<br />N A PROMISSORY NOTE AND SECURITY AGRFEMFN'I DA'fP:D 05 /24/20(12
<br />Future advances: The above amount is secured even though all or part of it may not yet he advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made on the date of this deed oftmst is executed.
<br />LI Revolving line of credit agreement dated_ , with initial annual interest rate of %.
<br />All amounts owed under this agawniont are secured even though all amounts may not yet be advanced. Future advances antler
<br />the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed.
<br />The above obligation is due and payable on August 28, 2002 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 $95,055.50, plus
<br />interest, plus any amounts disbursed under the tern's 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 />❑ 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 terms under which the interest rate may vary is attached to this deed oftrust mud
<br />made a part hereof:
<br />RIDERS: ASSIGNMENT OF REN'T'S
<br />DESIGNATION OF 1IOMES'I'Ii AD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i�111111)ed to this deed of trust and nmde a part hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof:
<br />SIG s and convenants a t in th' deed of trust, including those on page
<br />2, and in anv r ra dexcri n /er�l+.'�orrower.
<br />ASON L LUEBBE LORIE A LUE11bg
<br />ACKNOWLITIGNIEN' I': S' I A' I' e OF NLBR ASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before are on 05124/20 02
<br />By JASON L LUEBBE and LORIE A LUEBBE, IIUSBAIe'�'4W n IPE
<br />M y uunnission - DD/hf' GHIEAAL NOTARY- SUMof Nabash � -t„.. �� ow) Public)
<br />II MINDY GILBERTSON
<br />Air Comm EV. May 18, 2004 (/
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