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<br />DF,ED OF TRUST ,
<br />PAR'T'IES: This Deed ofTmst is made on 07/17/2002 among. the Grantor JASON J LANGFORD AND DAWN M LANGFORD. HUSBAND
<br />AND WIFE ("Borrower'),
<br />ARHND R BAACK, ATTORNEY, whose residence address is 13. O. Box 790, Grand Island. Hall County, Nebmska ( "Trustee "). and the ,
<br />Beneficiary, HOMI: F1 DF:RAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND_ a corporation organized and existing under the
<br />laws of NEBRASKA whose address is 221 SOU 'I'I I LOCLS'I S I REP.T, GRAND ISLAND, NEBRASKA 68801 ( "Leade,').
<br />CONVEYANCE: Par value received, Borrower irrevocably grunts and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Borrower is lawfully seized, described below and all huileings, fixfurs, and existing and future improvements thereon and all tights -of-
<br />way, easements, rents, issues, profits, income, tenements, heredimments. privileges and any appurtenances thereunto belonging Tall called the
<br />"property ").
<br />PROPERTY ADDRESS: 60 4SWILLI WOOD DR, GRAND ISLAND, Nebraska 68803
<br />LEGAL DES( 1111 -TION:
<br />LOT NINI (9), W FSTWOOD PARK FOURTH SUBDIVISION, IN'I'IIR(l I I Y OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in I fall County, Nebraska.
<br />TITLE: Borrower convenants and warrants tine to the property, except for
<br />SECURED DEBT: This deed of trt¢t secures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this deed nft,u,t and in any other document ineorporeted herein. Secured debt, as used in this decd of trust, includes any amounts
<br />Borrower owes W Lender under this deed of trust or under any instrument secured by this deed 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 decd of trust and the dates thereof.):
<br />® A PROMISSORY NOTE AND SECURITY AGREEMENT' DATED 09/17/1001
<br />® Future advances: '[he above amount is secured even though all or part of it may not yct be advanced. Future advances arc
<br />contemplated and will he secured to the same extent as if mode on the date of this deed oftmst is executed.
<br />❑ Revolving line of credit agreement dated ,with initial annual interest rote of
<br />ro
<br />All amounts owed under this agreement are secured even though all amounts may not yet be advanced_ Future advances under
<br />the egreentent are contemplated and will be secured to the same extent as if made on the date this deed of Trust is executed.
<br />'I'hcabove obligation is due and pavableon August 15,2004 ifnot 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 $5.555.50. plus
<br />interest, plus any amounts disbursed under tie leans 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 />L] Variable Rate: 'I'he interest rate on the obligation secured by this deed oftmst may vary according to the terms of that obligation.
<br />L A copy ofthe out agreement containing the terms under which the interest rate may vary is attached to this decd of trust and
<br />made a pail hereof'_
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF 11 OMI'ISrI Y AD
<br />Pursuant to the Farm I lomestead Protection Act, designation of homestead innached to this deed of trust and made a pan hereof has
<br />E] been disclaimed; the disclaimer is attached to this deed oftmst and made a pan hereof
<br />SIGNATURES: By signing below, Burrower agree to the terms and convenants contained in this 1 d of trust including those on page
<br />2, and in any riders rJ scrib above signed by Borrower.
<br />- Lai 7i(,
<br />JASO>1J LAINAFORD DAWN M LAN'(IFOR
<br />ACKN liNLIA)CMENT: STATE OF NEBRASKA, HALL COUNTYSS.
<br />The foregoing instrument was acknowledged before me on 07/17/2002
<br />By JASON J LANGI'ORD and DAWN M LANGFORD, HUSBAND AND WIFE
<br />My commission expires_ Rt: 2e",
<br />� (Notary Public)
<br />I 6ENENAE"TAHYSIa.0 oft and"
<br />CHBIS L. KASI(IE
<br />- W Comm. ErD.Oec 28, 2004
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