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DEED OF TRAIN F <br />PAR'EI ES: This Dead of Trust is made oa 10/22/2002 among, the Grantor, 7FROLD E DING WERTH AND DONNA M DING WEB I'H, <br />HUSBAND AND WIFE ( "Borrower "), <br />AREND R BAACK, A'T'TORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the <br />Beneficiary, HOME FEDERAI. SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Leader"). <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 -of- <br />way, easements, rents, issues, profits, income, tenements, heredltaments, privileges and any appurtenances thereunto belonging (all called the <br />`property ") <br />PROPERTY ADDRESS: 4013 KAY AVE, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRI PrFION: <br />LOT FOUR (4) IN SUNSET FIFTH SUBDIVISION IN, HE CITY OF GRAND ISLAND, HALL. COUNTY, NEBRSKA <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SE( TIRED DEBT: This deed of roar secures to Lender repayment of [he secured debt and the performance of the convenants and agreements <br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed of trust, 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 thercod[L <br />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/22/2002 <br />Future advances: The above amount 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 sane extent as ifmade on the dale ofthis decd of trust 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 of trust is executed. <br />The above obligation is due and payable on November 05, 2007 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 $6,055.50, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust of to perform any of the <br />covenants contained in this deed oftrust, with interest on such disbursements. <br />C3 Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms fthat obligation. <br />A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and <br />made a part hereof <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOM ES'] '1lAD <br />Pursuant to the Farm I Iomestead Protection Act, designation of homestead iQlftached to this deed of trust and made a part hereof has <br />ILI been disclaimed; the disclaimer is attached to this decd of trust and made a part hereof. <br />SIGNATUR FS: 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 nhnve signed by Borrower. n <br />R LD E DIN I' DONNA M DINGWERJH <br />ACKNOWLEDGM ENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing Instrument was acknowledged before me on 10/22/2002 <br />By JEROLD E DINGWERTH and DONNA M DING W reflE HAND AND WI <br />My commission expires'uG`� I/ - ill-- - <br />��� --( otary Public) <br />It ' adv dx3 wmitl,t �I <br />IN DNIVN V A51Vd jll( <br />V: <br />VJ <br />on <br />tl <br />2 <br />D <br />C» <br />Nv <br />rn <br />0 � <br />1 <br />ei <br />DEED OF TRAIN F <br />PAR'EI ES: This Dead of Trust is made oa 10/22/2002 among, the Grantor, 7FROLD E DING WERTH AND DONNA M DING WEB I'H, <br />HUSBAND AND WIFE ( "Borrower "), <br />AREND R BAACK, A'T'TORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the <br />Beneficiary, HOME FEDERAI. SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Leader"). <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 -of- <br />way, easements, rents, issues, profits, income, tenements, heredltaments, privileges and any appurtenances thereunto belonging (all called the <br />`property ") <br />PROPERTY ADDRESS: 4013 KAY AVE, GRAND ISLAND, Nebraska 68803 <br />LEGAL DESCRI PrFION: <br />LOT FOUR (4) IN SUNSET FIFTH SUBDIVISION IN, HE CITY OF GRAND ISLAND, HALL. COUNTY, NEBRSKA <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SE( TIRED DEBT: This deed of roar secures to Lender repayment of [he secured debt and the performance of the convenants and agreements <br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed of trust, 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 thercod[L <br />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/22/2002 <br />Future advances: The above amount 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 sane extent as ifmade on the dale ofthis decd of trust 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 of trust is executed. <br />The above obligation is due and payable on November 05, 2007 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 $6,055.50, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust of to perform any of the <br />covenants contained in this deed oftrust, with interest on such disbursements. <br />C3 Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms fthat obligation. <br />A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and <br />made a part hereof <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOM ES'] '1lAD <br />Pursuant to the Farm I Iomestead Protection Act, designation of homestead iQlftached to this deed of trust and made a part hereof has <br />ILI been disclaimed; the disclaimer is attached to this decd of trust and made a part hereof. <br />SIGNATUR FS: 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 nhnve signed by Borrower. n <br />R LD E DIN I' DONNA M DINGWERJH <br />ACKNOWLEDGM ENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing Instrument was acknowledged before me on 10/22/2002 <br />By JEROLD E DINGWERTH and DONNA M DING W reflE HAND AND WI <br />My commission expires'uG`� I/ - ill-- - <br />��� --( otary Public) <br />It ' adv dx3 wmitl,t �I <br />IN DNIVN V A51Vd jll( <br />