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PARTIES: This Deed of Trust is made oa 07/15/2002 among, the Grantor, CARL D SALLINGER AND BONNIE SALLINGER, HUSBAND
<br />AND WIPE ( "Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address is R O- Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation orgmrized and existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCHS,' S'T'REET, GRAND ISLAND, NEBRASKA 68801 ('bender").
<br />CONVEYANCE: For value received, Borrower irrevocably giants and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Burrower 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, heroditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 2322 WEST 70TH STREET, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT NINE (9) AND TEN (10), BLOCK POUR (4), IN DILL AND HUSTON'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />Located in I bill County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed o f f ust sccures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this deed oftrust 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 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 deed of trust and the dates thereof)
<br />W A PROMISSORY NOTE AND SECURITY AGRF.F.MILNI DA'fED07 /15/2002
<br />Future advances: The above amount is secured even though all or part of it may not yet he advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made on the date offus deed of trust is execulcd.
<br />❑ Revolving line of credit agreement dated , with initial annual interest rate of
<br />All amounts owed under this agreement are seemed 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 oftrust is executed.
<br />The above obligation is due and payable on July 26, 2006 ifnot paid earlier.
<br />The total unpaid balance secured by this decd of trust at any one time shall not exceed a maximum principal amount of $20,314.66, plus
<br />interest, plus any amounts disbursed under the terms of this deed oftrust to protect the security of this deed oftrust or to perform any of the
<br />covenants contained in this deed oftrust, with interest on such disbursements.
<br />F7 Variable Rate: The Interest rate on the obligation secured by this decd oftrust may vary according to the terns of that ohligation.
<br />r-1 A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF IR ME.STEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead Quenched to this deed of trust and made a pan hereof has
<br />FI been disclaimed; the disclaimer is attached to this deed oftrust and made a part hercof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower.
<br />CARL D SALLINCER I BONNIE J. LLINGER
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY Ss-
<br />The foregoing instrument was acknowledged before me on 07/15/2002
<br />By CARL D SALLINGER Laidd BON`N]]E.I SAHANGER, ISS ND WIFE -
<br />My commission expires:
<br />Notary Public)
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<br />GE UILLE NBTRNYState of Nebraska
<br />PATSY A KkUWWSKI
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<br />PARTIES: This Deed of Trust is made oa 07/15/2002 among, the Grantor, CARL D SALLINGER AND BONNIE SALLINGER, HUSBAND
<br />AND WIPE ( "Borrower "),
<br />AREND R HAACK, ATTORNEY, whose residence address is R O- Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation orgmrized and existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCHS,' S'T'REET, GRAND ISLAND, NEBRASKA 68801 ('bender").
<br />CONVEYANCE: For value received, Borrower irrevocably giants and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Burrower 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, heroditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 2322 WEST 70TH STREET, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT NINE (9) AND TEN (10), BLOCK POUR (4), IN DILL AND HUSTON'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />Located in I bill County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed o f f ust sccures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this deed oftrust 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 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 deed of trust and the dates thereof)
<br />W A PROMISSORY NOTE AND SECURITY AGRF.F.MILNI DA'fED07 /15/2002
<br />Future advances: The above amount is secured even though all or part of it may not yet he advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made on the date offus deed of trust is execulcd.
<br />❑ Revolving line of credit agreement dated , with initial annual interest rate of
<br />All amounts owed under this agreement are seemed 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 oftrust is executed.
<br />The above obligation is due and payable on July 26, 2006 ifnot paid earlier.
<br />The total unpaid balance secured by this decd of trust at any one time shall not exceed a maximum principal amount of $20,314.66, plus
<br />interest, plus any amounts disbursed under the terms of this deed oftrust to protect the security of this deed oftrust or to perform any of the
<br />covenants contained in this deed oftrust, with interest on such disbursements.
<br />F7 Variable Rate: The Interest rate on the obligation secured by this decd oftrust may vary according to the terns of that ohligation.
<br />r-1 A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF IR ME.STEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead Quenched to this deed of trust and made a pan hereof has
<br />FI been disclaimed; the disclaimer is attached to this deed oftrust and made a part hercof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower.
<br />CARL D SALLINCER I BONNIE J. LLINGER
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY Ss-
<br />The foregoing instrument was acknowledged before me on 07/15/2002
<br />By CARL D SALLINGER Laidd BON`N]]E.I SAHANGER, ISS ND WIFE -
<br />My commission expires:
<br />Notary Public)
<br />i
<br />GE UILLE NBTRNYState of Nebraska
<br />PATSY A KkUWWSKI
<br />
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