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<br />17 o O �y
<br />L T T N
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<br />3 'L
<br />DEED OF TREST
<br />PAR PIES: This Deed of Trust is made on 05/20/2002 among, the Grantor, FIRIC'. A BENSON AND JEANETTE LBENSON, HUSBAND AND
<br />WIFE ( "Borrower "),
<br />ARIIND R HAACK, ATTORNEY, whose residence address is P. O. [lox 790, Grand Island, Hall County, Nebaaka ("Trustee"), and the
<br />Beneficiary, HOME FEDERAI, SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NFBRASKA whoseuddocss is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 (°- code ").
<br />CONVEYANCE: For value received, Borrnwcr 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 due
<br />`propert) " ).
<br />PROPERTY ADDRESS: 2217 WEST KOLNIG, GRAND ISLAND, Nebraska 68803
<br />LEGAL DES( RIP'1' ION:
<br />LOT FOUR (4), BLOCK FOUR (4), IN ASHTON PLACE, AN ADDITION TO THE CITY OP GRAND ISLAND, IIAI.L (101INI'Y,
<br />NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />I I I. F,: Borrower cunvenants and warrants title to the property, except for
<br />SF( URED DEBT: This deed of trust secures to tender repayment of the secured deht and the performance of the conventions and agreements
<br />contained in this deed intrust and in any other document incorporated herein. Secured debt, as used in this deed oftrust, includes any amounts
<br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed oftrust, 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 05/20/2002
<br />® Future advances: The above amouut is secured even though all or pmt of it may not yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made nn the date of this deed oftmst is executed.
<br />❑ Revolving line ofeedit 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 if made on the date this deed of is executed.
<br />The above obligation is due and payable on November 19, 2002 four paid earlier.
<br />The total unpaid balance secured by this deed oftrust at any onetime shall not exceed a maximum principal amount of$125 73.07, plus
<br />interest, plus any amounts disbursed under the terms of[his deed oftrust to protect the security of this decd oftrust or to perform any of the
<br />covenants contained in this decd of ure 1, with interest on such disbursements.
<br />0 Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms of that obligation.
<br />E] 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 pun hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Fan, Homestead Protection Act, designation of homestead idttached to this deed oftrust and made a part hereof has
<br />0 been disclaimed: the disclaimer is attached to this decd oft rmt and made a part hereof.
<br />SIGNA'I L RES: By signing below, Borrower agree to the terms and cunvenants contained in this deed of trust, including those on page
<br />2, and in any riders_"ib¢fV a have signed by Burrower.
<br />ERIC A BENSON .1 N:AVh.ITF. [-BENSON
<br />ACKNOWLEDGMENT: ST ATE OF NEBRASKA, HALT, COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05($0/2002
<br />By 1 RI('. A U NSON and J LA N II 'E I BENSON HUSBANDIAND WIFE
<br />My commission expires: �— �T��5\\
<br />_ANotary Public)
<br />6i[iEI Ac n ..
<br />Ill PATSY A RALKCI
<br />DY �IfNIL EsP -APdl 24, 20a9
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