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O eS <br />s N ca o o err <br />rn z 1`3 era. <br />Q <br />m r N S vi <br />1 ub z s ~ <br />N s ub s <br />DEED OF TRUST 6 <br />PARTIES: 'I'his Deed of 'I rest is made on 12/18/2002 among, the Grantor, DAX I CARLSON AND SUSAN M CARLSON, HUSBAND AND <br />WIFE ( "Boaowe2'), <br />AREND R HAACK, ATTORNEY, whose residence address is Y. 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 are <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Larder"). <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real properly, 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, casements, rents, issues, profits, income, tenements, hereditamenrs, privileges and any apponenances thereunto belonging (all called the <br />`- propery"). <br />PROPERTY ADDRESS: 1909 W STATE S'I', GRAND ISLAND, Nebraska 69903 <br />LEGAL DESCRIPTION: <br />THE WESTERLY SIXTY FOUR (64) FEET, ONE (1) INCH OF LOT NINE LEN 09) AND THE NORTHLY FIVE (5.0) FEET OF THE <br />WEST SIXTY -FOUR FEET, ONE INCH (64 Ft 1 Inches) OF LOT TWENTY (20) AND THE WEST FIFTY (50) FEET OF THE <br />SOUTHERLY FLIRTY -SEVEN (47.0) 1-13111 OF 1,0'1 "1'W EN'I'Y (20) W ES "C LAWN ADDITION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY. NEBRASKA. <br />Located in hall County, Nebraska, <br />TITLE: Borrower combatants is and warrants title to the property, except for <br />SECURED DEBT: 1 his deed of trust secures to tender repayment of the 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 must, 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 />m A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 12/18/2002 <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 same extent as if made on the date of this deed oftmst is executed. <br />❑ Revolving Zinc of credit agreement dated , with initial erne] intemstrate 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 arc contemplated and will be secured to the same extent as if made on the date this deed oftrust is execrted. <br />The above obligation is due and payable on March 23, 2003 if not 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 $27,145.36, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this decd of trust or to perform any of the <br />covenants contained in this decd oftrust, with interest on such disbursements. <br />❑ Variable Nate:l he interest rate on the obligation secured by this deed oftmst may vary according to the temts of that obligation. <br />C7 A copy of the loan agreement containing the teens under which the brterest ate may vary is attached to this deed of mist and <br />made a part hereof. <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OI' IIOMESCLAD <br />Pursuant to the Fan, Homestead Protection Act, designation of bomesband initached to this deed of trust and made a pat hereof has <br />❑ been disclaimed; the disclaimer is attached to this decd of trust and made a pan hereof <br />SIGNA'I URES: By signing below, Borrower agree to the terms and conventions contained in this deed of trust, including those an page <br />2, and in any rs desrL ainaify sigued by Borrower. <br />DA"CARLSON SUSAN M CARLSON <br />,91p, 6EHFIIAL NDY GILBEFrrSO asea � <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: MINDY GIIBERT80N <br />mJLi� W COInR g* M1y16, 2004 <br />The foregoing instmmentwas acknowledged before me nn 12/18/2002 - -- <br />By DAX 1 CARLSON and SUSAN M CARLSON, HUSBAND JANWIFE <br />My oommissiov expires: _ dl. otary Public) <br />