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m f1 <br />n n m c ( uDi ry cD —1 O <br />x z, S n x .n _ <br />\ m <br />N <br />ct <br />S rTl <br />N N <br />N O <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 <br />