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<br />DEED OF TRUS I'
<br />PARTIES: This Deed of Trust is made on 06/24/2002 among, the Grantor, MARK C IORF_MAN AND ASHLEY FOREMAN, 111 SBAND
<br />AND WIFE ( "Burr over"),
<br />AREND R BAACIL ATTORNEY, whose residence address is P. O. Box 990, Grand Island, Hall County, Nebraska (' "Dustee"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION Of UK AND ISLAND, a corporation organized and exiting coder the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "1 endef')-
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in mist, with power of sale, the reel property. of
<br />which Borrower is lawfully seized, described below and all buildings. Parties. and existing and future improvements thereon and all rights of-
<br />way, easements, rents, issues, profits, income, tenements, I:eccluamem, privileges and any arammenanees thereunto belonging (all called the
<br />"property').
<br />YROPER'I'Y ADDRESS: 619 B MINES, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />LOT TLN (10). IN BLACK ONE (1), IN MEVES FIRST ADDITION IO THE CITY OF GRAND ISLAND, I IA I . COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convidarry and warrants title to the property, except for
<br />SECURED DEBT: This deed of last secures to Landon repayment of the secured debt and the performance of the c :ants and agreements
<br />contained in this deed of trust and in any other document incorporated headm. Secured debt, as used in this deed of mist, includes we amours
<br />Burrower owes to Lender under this deed of trust or under any instrument secured by this deed of must, and all modifications, extensions and
<br />renewals thereof
<br />The secured debt is evidenced by (List all instruments and agreements secured by this decd of mist and the dates thereof).
<br />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 06242002
<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 wdl be secured to the same extent as if made on the date of this deed of trust is executed.
<br />❑ Revolving line of credit agreement dated with initial annual interest rare of
<br />All spectrum under plated and will are secured even same extent nt amounts may not yet
<br />at advanced. Future advance under amounts
<br />the egcencent arc contemplated and will be secured to the same extent ns if made on the dare this deed of trust is executed
<br />The above obligation is due and payable on June 30, 2007 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 mount of $8.489.32, plus
<br />interest, Losses amounts disbursed under the terms of this decd of trust to protect the seeudty of this deed of trust or in haomm, asy of the
<br />covenants contained in this deed ofati with interest on such disbursements.
<br />❑ c Variable Rate: 'I'lie interest rate on the obligation secured by this deed oftnlst may vary according m the terms artist obligation.
<br />O A copy of the loan agreement containing the berms under which the interest rate me) very is attached to this deed of trust and
<br />made a pat hereof.
<br />I P IDA:i.T�{XYMJSIgJ[tliJq`slFl
<br />UPSIGNATON OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of hoc read iQui ched in this deed of trust and made a pan hereof has
<br />❑
<br />been disclaimed; the disclaimer is attached it) this decd of trust and made a pan hereof.
<br />SIGNATURES: By signing below, Borrower agree to rare terms and constraints contained in this deed of trust, including those on page
<br />2, and In nn'riden de rn cd above sign by Borrower. f..
<br />�.I M CYw'/Q ?�.✓I / �t.dd.!c9 1-i 'IvCLsYGL-
<br />M.ARKCFOREMAN ASIHSE FOREMAN
<br />ELIZABETH KEEP ALLEN KEEP
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />the foregoing Instrument was acknowledged before mean 06/24/2002
<br />By MARK C FOREMAN and ASHLEY FOREMAN, HUSBAND AND WIFE
<br />By Elizabeth keep Xbd Uril _K p wife and `rshand s
<br />My commission expires. ,-
<br />_INotary Public)
<br />GENrAAL NOiAAY- $Imam efresw
<br />111, SHARON K KLEINT
<br />dSycq - my Gomm. Np. Dec G,2H3
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