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PARTIES: This Deed of Trust is made on 0621/2002 among, the Grantor, TODD D MORGAN AND FAE A MORGAN, HUSBAND AND <br />WIFE (' Borrusyn "), <br />ARLND R HAACK, ATTORNEY, whose residence addrevc is P. O- Box 990_ Grand Island, Hall County, Nehrmi ("Trustee"), and the <br />Beneficiary, HOME I'LULR.AI. S4VINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />s of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68901 (°Lends:"). <br />CONVEYANCE: Far value received, Borrower hrevoi grants and conveys to Trustee, in trust, with power of safe, the real property, of <br />which Borrower is lawfully selaed, described below and all buildings, fixtures, and existing and future improvements themes¢ and all rights -of- <br />way, easements, rents, issues, profits, income, tenements, herchnnerts, privileges and my app rtmanncs thcmunro belanging (all called the <br />.property"). <br />PROPERTY ADDRESS: 4095 PALACE DRIVE, GRAND ISLAND, Nebraska 68502 <br />LEGAL DESCRIPTION: <br />CASTI E ESTATES SUBDIVISION LOT T WEN I Y EIGHT (25) M THE CITY OF GRAND ISLAND, I IALL COUNTY. NEBRASKA. <br />Located in Hall County. Nebraska. <br />TITLE: Borrower convwlants 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 convenonts and agreements <br />contained in this deed of trust and in any other document incorporated herein. Secured debt as used in this Linda of trust, includes any amounts <br />Borrows owes to Lender under this does of mist or under any instrument secured by this deed of trust, and all modifications, extensions and <br />renewals thi <br />The secured debt is evidenced by (List all instruments and agreements secured by this done of trust and the dares thereof.): <br />IM A PROMISSORY NOTE AND SECURITY AGREEMENT DATED Oi '2002 <br />® <br />Future advances; "she above circuit 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 of this deed of trust is executed. <br />❑ Revolving line of credit agneement dated with initial annual interest rate of <br />All ammnnA roved under this agdamcmt arc secured even though all amounts may not yet be advanced. Future advances under <br />the agrccment are contemplated and will be secured to the same extent as if made on the date this deer) of true: is executed. <br />The above obligation is due and payable on July 15, 2005 if not paid earlier. <br />The total unpaid balance secured by this deed of mist it any one time shall not exceed a maximum principal amount of S3.843 74, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust m pmtcet the s rmt fly of this deed of trust or to perform any of the <br />covenants contained in this deed of trust, with interest on such disbursements. <br />❑ Variable Rate: The interest rate on the obllganran securel by this deed of trust may vary aeoording to the terms of that obligation. <br />A copy ofthe lean agreement containing the terns under which the interest mm may any is attached to this deed oftrast and <br />made a part hereof, <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HONEST LAD <br />Pursuant to the harm Ioomestead Protection Ace designation of homestead iQhund to this deed of trust and made a part hereof ties <br />been disdainful; the disclaimer is attached to this deed of trust and mend a pact hereof <br />SIGNATURES: B))) signing below, Borrower agree to the terms and consonants contained in this deed of trust, including those on page <br />2, and in any ;idcf descfihed otiose signed by Domos er. _///J y^ <br />ODD D MU G F.AE A MORGAN O <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY as <br />The foregoing instrument was acknowledged before me on 06/212002 <br />By IOUO D MORGAN and FAT A MORGAN, HUSBAND AND WIFE <br />My commionort aspires: <br />}_ t Notary Public) <br />GENT Nd NOTARPSIda of Nitrides <br />EHABON K KLEINT <br />My Comm Esp.0esa, Y003 <br />x s <br />m 4 <br />cza <br />Cl <br />n <br />z <br />r <br />a- <br />or <br />33 <br />_ <br />~ <br />< <br />o <br />c <br />Imi <br />O <br />- <br />N <br />y <br />= <br />° <br />b <br />m <br />an <br />_ <br />° <br />a <br />DEED Of Txusr <br />PARTIES: This Deed of Trust is made on 0621/2002 among, the Grantor, TODD D MORGAN AND FAE A MORGAN, HUSBAND AND <br />WIFE (' Borrusyn "), <br />ARLND R HAACK, ATTORNEY, whose residence addrevc is P. O- Box 990_ Grand Island, Hall County, Nehrmi ("Trustee"), and the <br />Beneficiary, HOME I'LULR.AI. S4VINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />s of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68901 (°Lends:"). <br />CONVEYANCE: Far value received, Borrower hrevoi grants and conveys to Trustee, in trust, with power of safe, the real property, of <br />which Borrower is lawfully selaed, described below and all buildings, fixtures, and existing and future improvements themes¢ and all rights -of- <br />way, easements, rents, issues, profits, income, tenements, herchnnerts, privileges and my app rtmanncs thcmunro belanging (all called the <br />.property"). <br />PROPERTY ADDRESS: 4095 PALACE DRIVE, GRAND ISLAND, Nebraska 68502 <br />LEGAL DESCRIPTION: <br />CASTI E ESTATES SUBDIVISION LOT T WEN I Y EIGHT (25) M THE CITY OF GRAND ISLAND, I IALL COUNTY. NEBRASKA. <br />Located in Hall County. Nebraska. <br />TITLE: Borrower convwlants 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 convenonts and agreements <br />contained in this deed of trust and in any other document incorporated herein. Secured debt as used in this Linda of trust, includes any amounts <br />Borrows owes to Lender under this does of mist or under any instrument secured by this deed of trust, and all modifications, extensions and <br />renewals thi <br />The secured debt is evidenced by (List all instruments and agreements secured by this done of trust and the dares thereof.): <br />IM A PROMISSORY NOTE AND SECURITY AGREEMENT DATED Oi '2002 <br />® <br />Future advances; "she above circuit 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 of this deed of trust is executed. <br />❑ Revolving line of credit agneement dated with initial annual interest rate of <br />All ammnnA roved under this agdamcmt arc secured even though all amounts may not yet be advanced. Future advances under <br />the agrccment are contemplated and will be secured to the same extent as if made on the date this deer) of true: is executed. <br />The above obligation is due and payable on July 15, 2005 if not paid earlier. <br />The total unpaid balance secured by this deed of mist it any one time shall not exceed a maximum principal amount of S3.843 74, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust m pmtcet the s rmt fly of this deed of trust or to perform any of the <br />covenants contained in this deed of trust, with interest on such disbursements. <br />❑ Variable Rate: The interest rate on the obllganran securel by this deed of trust may vary aeoording to the terms of that obligation. <br />A copy ofthe lean agreement containing the terns under which the interest mm may any is attached to this deed oftrast and <br />made a part hereof, <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HONEST LAD <br />Pursuant to the harm Ioomestead Protection Ace designation of homestead iQhund to this deed of trust and made a part hereof ties <br />been disdainful; the disclaimer is attached to this deed of trust and mend a pact hereof <br />SIGNATURES: B))) signing below, Borrower agree to the terms and consonants contained in this deed of trust, including those on page <br />2, and in any ;idcf descfihed otiose signed by Domos er. _///J y^ <br />ODD D MU G F.AE A MORGAN O <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY as <br />The foregoing instrument was acknowledged before me on 06/212002 <br />By IOUO D MORGAN and FAT A MORGAN, HUSBAND AND WIFE <br />My commionort aspires: <br />}_ t Notary Public) <br />GENT Nd NOTARPSIda of Nitrides <br />EHABON K KLEINT <br />My Comm Esp.0esa, Y003 <br />