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z <br />o <br />m <br />A <br />r <br />:3 <br />P <br />DEED OF TRUST <br />ZZ <br />_ <br />t} <br />PARTIES: This Deed ofTust is made on 10/21 /2002 among, the Grantor, PATRICIA J WISELY, A SINGLE PERSON ( "Borrower "), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />Imes of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender"). <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of <br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights-cf. <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 1008 W 8TH ST, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOT NINE (9), BLOCK TWENTY (20), IN FAIRVIEW PARK ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SECURED DEBT: This deed oftrust secures to Lender repayment ofthe secured debt and the performance ofthe convenants and agreements <br />contained in this deed oftmst 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 />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/21/2002 <br />Future advances: The above amount is secured even though all or pan 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 ofthis deed oftrust is executed. <br />❑ Revolving line of credit agreement dated , with initial annual interest rate of % <br />All amounts owed under this agreement are secured 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 May 09, 2005 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 $2,800.50, plus <br />interest, plus any amounts disbursed under the terms 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 />p Variable Rate: The interest rate on the obligation secured by this deed oftmst may vary according to the terms ofthat obligation. <br />E] A copy ofthe 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 HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead iRttached to this deed of trust and made a pan hereof has <br />F-I been disclaimed; the disclaimer is attached to this deed oftmst and made a part hereof. <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 aZ ders described abd�e signed by Borrower. <br />PATRICIA J WIS Y <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 10/21/2002 <br />By PATRICIA J WISELY, A SINGLE PERSON � /� <br />My commission expires: P&C L �, ice) P// <br />(Notary Public) <br />EPJLL S Nebraska Df <br />CHRIS L. K ASKIE <br />MY Comm. Ery. Dec. 29, 200/ <br />